Robotics & Automation News

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deep tech startups

H3 Zoom raises $1.8 million to expand AI-powered infrastructure inspection across Asia

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Singapore-based deep tech startup H3 Zoom has secured $1.8 million in the first closing of its Series A funding round, led by JRE Ventures, the corporate venture capital arm of JR East, with participation from SGInnovate and M7 Holdings.

The company, which develops AI-powered inspection and asset management tools for critical infrastructure, says the funds will support expansion into Japan and Hong Kong, strengthen operations in Singapore, and accelerate research and development.

Founded in 2016, H3 Zoom uses proprietary vision-language models and robotics-enabled data capture to automate inspection processes for buildings and transport assets. [Read more…] about H3 Zoom raises $1.8 million to expand AI-powered infrastructure inspection across Asia

Delvitech raises $40 million in Series B investment round

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Delvitech, a “deep tech” company specialising in the development of artificial intelligence-native automated optical inspection solutions for electronics, successfully closed a Series B investment round of $40 million.

The round was led by EGS Beteiligungen (EGSB), the Investment Company of the Ernst Göhner Foundation, together with CREADD Ventures, and joined by several prominent European private investors who contributed to this substantial fundraising.

Finadvice Mediterranean acted as the financial advisor for the round, and I&P Law Office SA served as Delvitech’s legal advisor. [Read more…] about Delvitech raises $40 million in Series B investment round

MassVentures to award $4.5 million in grant funding to 26 ‘deep tech’ startups

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‘START Grants’ help Massachusetts-based Companies Convert Federally Funded Research into new Businesses and Jobs.

The Massachusetts Executive Office of Economic Development and MassVentures has announced that 26 companies will receive $4.5 million in grant funding through MassVentures’ SBIR Targeted Technologies (START) Grant Program.

Launched in 2012, the program helps startups convert research developed under SBIR (Small Business Innovation Research) and STTR (Small Business Technology Transfer) contracts into viable businesses and jobs in Massachusetts.

This year, MassVentures expanded the program by increasing the number of grants awarded from 17 to 25 and awarding an additional $1.5 million. [Read more…] about MassVentures to award $4.5 million in grant funding to 26 ‘deep tech’ startups

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