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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

Chosen companies receive support, including a 40-80% rent subsidy, public laboratories, indoor drone testing grounds, and meeting rooms, enabling them to concentrate on technological advancement. Regulations were relaxed, and test sites were created, enabling industrial companies to conduct test flights. 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.” “World Fund only invests in startup technologies that can save at least 100 megatonnes of CO2e annually by 2040.

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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. .

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

TechCrunch

For corporate investors like Amazon that have committed to decarbonize by 2040, the innovations and industry adoption can’t happen quickly enough.

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TechCrunch: Where top VCs are investing in construction robotics

Dream It

Robotics and automation are not only important, but they are also likely the only way to address the challenge of delivering the built environment we need by 2040. Nearly two years ago, we set up our first credit fund to provide products like asset and project finance and built out financial tools focused [on] asset-enabled businesses.

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

TechCrunch

The latest funding will support hiring staff and enable new data-as-a-service markets powered by quantum sensing, founder and CEO of Q-CTRL Michael Biercuk said. Q-CTRL’s vision has always been to enable all applications of quantum technology. To date, the company has raised more than $43 million (60 million AUD) in total capital. . “Q-CTRL’s

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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The NJGB will make investments through debt, credit enhancements, and other financial vehicles to attract private capital to enable the state to reach its climate goals.

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