Ian alpha fund articles
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Dhruva Space Secures USD 9 Mn Funding from IAN Alpha Fund, Technology Development Board, and Others
The Hyderabad-based platform aims to deploy the raised funds for upcoming spacecraft manufacturing facilities, strategic business acquisitions, and enhancing product offerings.
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Dhruva Space bags $9 million from IAN Alpha Fund, others
Spacetech startup Dhruva Space has raised $9.4 million (Rs 78 crore) in a mix of equity and debt from IAN Alpha Fund, Technology Development Board and other existing investors in its latest funding round. The capital infusion, of which Rs 24 crore was in debt, will help the Hyderabad-based startup set up its first phase of its 2.8 lakh sq ft spacecraft manufacturing facility in the city, founder and CEO Sanjay Nekkanti told ET.The latest funding comes amid a big push from the government towards...
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Innovate UK Fund Announces Six Organizations Funded by £1M Grant
The Innovate UK Fund has announced six winners to be awarded grant funding from the government totalling £1 million to jumpstart ‘AI in the music industry.’ Competition assessors agreed that AudioStrip would benefit and strengthen the UK music industry by saying “this is well planned, resourced, and researched innovation that can impact the business, market, […]