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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

The lead investor of this round is World Fund, while previous investors include Vsquared Ventures and Speedinvest. “World Fund only invests in startup technologies that can save at least 100 megatonnes of CO2e annually by 2040. For this round, 10x Founders also joined.

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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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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

Venture capital firms aren’t unusual in the battery world. Batteries are normally considered a high-risk, high-reward investment; the sort of thing that venture capital is made for. There are myriad reasons why both venture capital and growth equity are diving into batteries. in 2035 and France in 2040. So what changed?

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World Fund joins $128M bet that quantum can deliver climate breakthroughs

TechCrunch

In a statement, the German VC said it exclusively backs tech with the potential to remove “100 million tonnes” — that is, 100 megatonnes — “of carbon from the atmosphere yearly by 2040.” ” Other investors in the latest round include the EU’s European Innovation Council and Tencent.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

It is now ‘warming’ up to ocean conservation,” Daniela Fernandez, managing partner of Seabird Ventures, told TechCrunch. Our planet is 70% ocean, so the urgency of facing and solving climate change can only be properly addressed if we include the ocean in the equation,” said Rita Sousa, partner at Faber Ventures.

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