Deep tech

EQS-News: MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024

Retrieved on: 
Thursday, February 15, 2024

MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024

Key Points: 
  • MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024
    The issuer is solely responsible for the content of this announcement.
  • MIG Capital announces stable development in fiscal year 2023, optimistic outlook for 2024
    MIG Capital added three start-ups to its portfolio with talpasolutions, mbiomics and Look Up Space
    In 2024, MIG Capital will continue its long-standing success with a focus on continued investment in highly innovative start-ups, the identification of exit options and continued expansion of the investment team
    MIG Capital, one of Germany’s leading venture capital investors, reports a successful 2023 financial year.
  • Michael Motschmann, Managing Partner of MIG Capital, said: “For the entire VC sector, including ourselves, 2023 was the second difficult year in a row.
  • Dr. Matthias Kromayer, Managing Partner of MIG Capital, said: “Despite continued economic uncertainty, we see our portfolio companies making stable progress in 2024.

India to now be ready for the Generative AI Revolution, The Government of Gujarat and Eros Investment Group Launch India’s First AI Park and AI University

Retrieved on: 
Wednesday, January 10, 2024

This AI Park will become the foundation and the backbone of deep technology research, development and innovation.

Key Points: 
  • This AI Park will become the foundation and the backbone of deep technology research, development and innovation.
  • The Immerso AI Park will feature:
    Immerso AI University: that will provide a full-fledged curriculum for Generative AI and Deep Technology, along with diploma courses for existing professionals to upscale their learnings.
  • This will also become the foundation of research and development for innovation in Deep Technology and Generative AI.
  • The Immerso AI Park will also create a specific zone and opportunity for international deep technology and generative AI startups to incubate for purposes of research and training and provide significant opportunities for growth and collaboration.

Pear VC Opening 30,000-Square-Foot Pear Studio Space in San Francisco for Tech Founders

Retrieved on: 
Monday, December 4, 2023

Today, Pear VC (“Pear”) has announced that it is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood.

Key Points: 
  • Today, Pear VC (“Pear”) has announced that it is opening a 30,000-square-foot space in San Francisco’s Mission Bay neighborhood.
  • Pear Studio will serve as a collaborative work environment for founders and entrepreneurs.
  • Pear is focused on one of the brightest areas in venture investing: pre-seed and seed, and regularly backs founders before they even have an idea.
  • We actually have a long history of opening up our doors to founders before they have an office of their own.

The first six companies enter the Deep Tech Lab - Quantum start-up accelerator at BII to unlock the potential in quantum science

Retrieved on: 
Thursday, November 30, 2023

The Deep Tech Lab – Quantum is an independent accelerator operated by BII.

Key Points: 
  • The Deep Tech Lab – Quantum is an independent accelerator operated by BII.
  • The six companies which have been selected as the initial cohort to enter the Deep Tech Lab – Quantum accelerator are:
    Astrolight uses high speed lasers to connect earth and space by uncovering unprecedented capabilities for satellite connectivity and deep space exploration.
  • Jens Nielsen, Chief Executive Officer of BioInnovation Institute and Deep Tech Lab – Quantum, said, "We are honored to be driving the Deep Tech Lab – Quantum accelerator alongside such prominent forces in the science ecosystem.
  • It will take advantage of Denmark's strong innovation ecosystem within quantum science, such as the newly launched NATO Center for Quantum Technology at the Niels Bohr Institute, University of Copenhagen, to develop commercially viable start-up companies within deep tech and quantum science.

The first six companies enter the Deep Tech Lab - Quantum start-up accelerator at BII to unlock the potential in quantum science

Retrieved on: 
Thursday, November 30, 2023

The Deep Tech Lab – Quantum is an independent accelerator operated by BII.

Key Points: 
  • The Deep Tech Lab – Quantum is an independent accelerator operated by BII.
  • The six companies which have been selected as the initial cohort to enter the Deep Tech Lab – Quantum accelerator are:
    Astrolight uses high speed lasers to connect earth and space by uncovering unprecedented capabilities for satellite connectivity and deep space exploration.
  • Jens Nielsen, Chief Executive Officer of BioInnovation Institute and Deep Tech Lab – Quantum, said, "We are honored to be driving the Deep Tech Lab – Quantum accelerator alongside such prominent forces in the science ecosystem.
  • It will take advantage of Denmark's strong innovation ecosystem within quantum science, such as the newly launched NATO Center for Quantum Technology at the Niels Bohr Institute, University of Copenhagen, to develop commercially viable start-up companies within deep tech and quantum science.

United We Care Unveils Stella 2.0 - First Ever Global Virtual Coach: Transforming from Generative AI to Cognitive AI

Retrieved on: 
Friday, November 17, 2023

NEW YORK, Nov. 17, 2023 /PRNewswire/ -- United We Care is proud to disrupt a groundbreaking leap in the evolution of its virtual global wellness coach, Stella 2.0.

Key Points: 
  • NEW YORK, Nov. 17, 2023 /PRNewswire/ -- United We Care is proud to disrupt a groundbreaking leap in the evolution of its virtual global wellness coach, Stella 2.0.
  • Accessible and affordable mental health services have remained a constant global challenge, United We Care brings in preventive and diagnostic care via AI and Deep Tech to this pressing global issue.
  • Dr. Zereana Jess-Huff, SVP, North America at United We Care says, "With Stella 2.0, users can expect: Enhanced Emotional Understanding.
  • Stella 2.0 is a testament to UWC's commitment to addressing the global mental health crisis specially in the US.

Advanced Scanners Inc. Announces Company Rebrand & New Name Effective Today: VISIE™ Inc.

Retrieved on: 
Wednesday, November 1, 2023

Advanced Scanners Inc., a 3D computer vision company developing a deep tech optical scanner for orthopedic, neuro, and spine surgery, announces a company rebrand.

Key Points: 
  • Advanced Scanners Inc., a 3D computer vision company developing a deep tech optical scanner for orthopedic, neuro, and spine surgery, announces a company rebrand.
  • Effective immediately, Advanced Scanners will be known as VISIE Inc.
  • View the full release here: https://www.businesswire.com/news/home/20231101737243/en/
    The company makes this announcement after coming out of a 90-day stealth period.
  • In August, the company teased, “From Darkness Comes New Light | 11.01.23,” on its website and LinkedIn, raising eyebrows around the medtech startup industry.

neuro42 Appoints Lead Investor, Krishna Bhupal, to its Board of Directors

Retrieved on: 
Tuesday, October 3, 2023

SAN FRANCISCO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- neuro42, Inc. (“neuro42” or the “Company”), a medical technology company leading the next evolution of MRI and robotics, today announced it has appointed its lead investor, Krishna Bhupal, to its Board of Directors.

Key Points: 
  • SAN FRANCISCO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- neuro42, Inc. (“neuro42” or the “Company”), a medical technology company leading the next evolution of MRI and robotics, today announced it has appointed its lead investor, Krishna Bhupal, to its Board of Directors.
  • Mr. Bhupal is an accomplished entrepreneur and investor who has demonstrated a track record of delivering significant shareholder value.
  • His current investments are focused on the Deep Tech space, including MedTech, and includes over 12 companies at various stages of maturity.
  • “We are excited to have Krishna Bhupal join the neuro42 team.

GreenSky Ventures leads Mission Control's $3.25M Equity Seed Round

Retrieved on: 
Thursday, September 7, 2023

OTTAWA, Canada, Sept. 7, 2023 /PRNewswire-PRWeb/ -- Mission Control, a Canadian startup that develops software for Earth, Moon and Mars, today announced the initial close of a $3.25M seed round of equity financing led by Toronto-based GreenSky Ventures. Mission Control has now raised over $10.5M in equity and non-dilutive funding.

Key Points: 
  • Mission Control has completed the initial close of a $3.25M equity seed round led by GreenSky Ventures.
  • OTTAWA, Canada, Sept. 7, 2023 /PRNewswire-PRWeb/ -- Mission Control , a Canadian startup that develops software for Earth, Moon and Mars, today announced the initial close of a $3.25M seed round of equity financing led by Toronto-based GreenSky Ventures .
  • Mission Control has now raised over $10.5M in equity and non-dilutive funding.
  • "GreenSky is very pleased to be able to lead Mission Control's seed round financing.

Bredis Healthcare Awarded South Korean Government Grant for Advancing Early Diagnosis of Alzheimer's Disease

Retrieved on: 
Tuesday, August 22, 2023

This prestigious recognition by the Ministry reflects Bredis Healthcare’s pivotal role in advancing early diagnosis of Alzheimer’s disease.

Key Points: 
  • This prestigious recognition by the Ministry reflects Bredis Healthcare’s pivotal role in advancing early diagnosis of Alzheimer’s disease.
  • Through the Deep Tech TIPS program, the Ministry awarded Bredis Healthcare KRW 1.7 billion to be distributed over a three-year period, including KRW 1.5 billion earmarked for research and development and KRW 200 million to support commercialization.
  • The KRW 1.5 billion of research and development funds empowers Bredis Healthcare to complete development of its diagnostic medical device.
  • We are impressed that Bredis Healthcare is already seeing commercial success in domestic and global markets despite the company’s early stage.