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Sydney-based quantum sensing startup Q-CTRL raises $25M Series B led by Airbus Ventures

TechCrunch

Q-CTRL , a Sydney-based startup that provides quantum control engineering solutions, announced today it has raised a $25 million Series B led by Airbus Ventures with participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, SquarePeg Capital, Sierra Ventures, DCVC, Sequoia Capital China and InQTel. .

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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

The 2nd Pangyo Business Support Hub with Drone Enterprise Support Center (Photo = beSUCCESS) In a bid to foster startups and venture companies that will lead the future drone and UAM market, the Korea Institute of Aviation Safety Technology has been operating the Drone Startup Support Center since 2017. trillion in 2040.

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Battery recycling startup Cylib recharges its coffers to go faster

TechCrunch

“We need to create awareness with different stakeholders to ensure that battery recycling is given the attention it deserves to enable a circular economy in battery usage.” The lead investor of this round is World Fund, while previous investors include Vsquared Ventures and Speedinvest.

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ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell and Bill Gates-backed fund

TechCrunch

The investment came from the Bill Gates-backed Breakthrough Energy Ventures and the Ecosystem Integrity Fund , which led the company’s latest round, alongside previous investors Amazon Climate Pledge Fund, Horizons Ventures , Shell Ventures and Summa Equity. million cash infusion. million grant from the U.K.

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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

There’s an urgent need for a global air traffic management solution to enable safe and efficient drone and urban air mobility (UAM) operations, and Terra Drone aims to be the leading player building the digital infrastructure in the sky.” . trillion by 2040, according to Terra’s IR deck. . and Southeast Asia.

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The Station: TuSimple loses the driver, Nikola settles and transpo predictions for 2022

TechCrunch

Imagine a smart helmet with an augmented reality-enabled visor, pointing out directions for you or enticing you into the nearest coffee shop with a floating coupon! The move represents an important landmark for FedEx in its stated goal to have an all-electric delivery fleet and be carbon neutral around the world by 2040. The f&%!,

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How to get superior returns in VC

David Teten VC

Traditional venture investing is challenging. My colleague Victor Wang observes that Union Square Ventures is a particularly good example of the power of a correct thesis. Similarly, firms like my alma mater ff Venture Capital and Andreessen Horowitz have executed this strategy in VC. – Thesis. – Internal diversity.

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