The startup ecosystem delivered another day of significant developments with funding announcements strategic expansions and international collaborations shaping the innovation landscape. Indian aerospace startup Axirium Aerospace raised three and a half million dollars in seed funding led by Shastra VC and BEENEXT to support the development of advanced aerospace technologies and strengthen its research capabilities. Meanwhile Infibeam Avenues rebranded as AvenuesAI signaling a shift toward AI led global payments infrastructure with a renewed focus on intelligent financial technology and expansion into new markets.
Global tech initiatives continued to grow as Google and the Telangana government launched the Hyderabad AI Hub at T Hub providing mentorship coworking spaces and investor access to help scale AI startups both locally and internationally. The NetApp Excellerator Cohort 14 Demo Day showcased a range of early stage AI startups transforming enterprise operations through improvements in cloud data and analytics. International events also made headlines with COMEUP 2025 in Seoul bringing together innovators and policymakers to discuss scaling startups and fostering cross border collaboration. Startup Island Taiwan joined the event to create opportunities for Taiwanese and Korean founders to co innovate in emerging technology sectors. India’s Konnect emerged as the winner of the K Startup Grand Challenge 2025 highlighting the growing global recognition of Indian startups and strengthening ties between India and Korea’s innovation landscape.
On the funding front US enterprise software startup Harness raised two hundred and forty million dollars and announced plans to hire aggressively in India leveraging local engineering talent. Investors remained active with Transition VC closing an oversubscribed seven hundred crore debut fund aimed at climate and energy transition startups while accelerators planned capital and scaling support in markets such as Saudi Arabia. Emerging Indian startups also secured notable funding with Inito raising twenty nine million dollars in Series B, Smart Joules raising ten million dollars in Series B, Earthful securing twenty six crore in pre series A, ACS Energy closing a pre seed round for EV charging solutions, NeoSapien receiving pre seed funding for AI wearable technology, and education technology company Newron raising forty crore in pre series A financing.
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