IIT Roorkee, IvyCap Ventures, and NuQuant launch a Rs 1,000 crore Super Endowment Fund to support deep-tech innovation across the IIT network. The perpetual fund aims to foster research, entrepreneurship, and global collaborations in strategic sectors, creating a self-sustaining ecosystem.
Anagha Rajesh is moving her deep-tech startup BioCompute from Bengaluru to San Francisco, citing a need for patient investors and long-term support for groundbreaking technologies like DNA data storage. The decision highlights challenges in India's innovation ecosystem for scientific ventures.
China ranked third in a new global index measuring competitiveness in AI for biotechnology, healthcare and longevity, as the race to apply AI moves from chatbots and general-purpose models into regulated, data-heavy industries such as drug discovery, diagnostics and preventive medicine. The latest edition of the Global AI Competitiveness Index, released on Monday by Deep Knowledge Group, a consortium focused on deep-tech research, analytics and investment, ranked China behind only the US and UK...
