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Tech startups innovate to snuff out wildfires
Economic Times
·
11m ago
Medial
In California, the threat of wildfires is increasing due to climate change and forest mismanagement. As a result, dozens of startups are developing technology to tackle this challenge. One such company is Kodama Systems, which has hacked into a skidder used for logging and turned it into a remote-controlled machine that uses lidar to map forests and operate semi-autonomously. Another example is BurnBot, a robot that ignites controlled burns to prevent larger wildfires. These startups are backed by climate-minded investors and are aiming to address the urgent need for fuel treatment and fire prevention in the state.
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Related News
Building Empires: Inspiring stories of India's top 10 startups
YourStory
·
2y ago
Medial
Flipkart, Ola, Paytm, Zomato, BYJU'S, among others, have created a name for themselves in India's startup industry. Read this article to know about how startups in India are building huge establishments to innovate and lead India's tech journey.
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Tamil Nadu-based accelerator Vidhai aims to support startups with tools, funding
YourStory
·
10m ago
Medial
Vidhai, a Tamil Nadu-based accelerator, has been launched to support early-stage startups. The accelerator aims to provide specialized tools, seed funding, and mentorship to help startups grow and innovate. Vidhai offers a playbook derived from past experiences, connects founders with investors, and teaches effective pitching strategies. The accelerator collaborates with key players in the startup ecosystem to organize programs, workshops, and expos. Vidhai was founded by experienced startup co-founders Hariharan Vedamurthy and Sameer Bharat Ram. They aim to democratize the startup tech scene by reaching out to founders and ideas in Tier-II and Tier-III cities.
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Maruti Suzuki, JETRO unite to boost India-Japan startups
Inshorts
·
2m ago
Medial
Maruti Suzuki has partnered with JETRO to connect Indian and Japanese startups in mobility, automation, and green tech. It promotes cross-border collaboration, enabling startups to innovate with industry leaders. JETRO offers market insights while Maruti Suzuki's MAIL platform supports growth. This alliance aims to drive sustainable innovation and strengthen the India-Japan startup ecosystem.
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Beyond Nvidia: the search for AI's next breakthrough
Economic Times
·
1y ago
Medial
Nvidia's dominance in the AI chip market has raised questions about whether new players can compete in the AI space. While Nvidia's success has boosted the tech sector as a whole, startups seeking venture capital are being urged to innovate in areas where existing model makers like OpenAI and Google have not yet established dominance. Some experts suggest that specialized chip design and highly specific AI applications, such as providing expertise based on proprietary data, are areas with potential for growth and differentiation from big tech players.
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The threat of wildfires is rising. So is new artificial intelligence solutions to fight them
Economic Times
·
1y ago
Medial
Artificial intelligence (AI) is being utilized to combat the increasing threat of wildfires. Firefighters and startups are implementing AI-enabled cameras to quickly detect signs of smoke and alert emergency command centers. California's firefighting agency is testing a statewide AI system that analyzes over 1,000 mountaintop camera feeds for abnormal smoke sightings. Startups like Pano AI mount cameras on cell towers to scan for smoke, and German company OroraTech analyzes satellite images with AI to detect fires and predict their spread. These AI solutions help expedite response times and allocate firefighting resources effectively.
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DPIIT, Paytm to boost growth of manufacturing, fintech startups
Inshorts
·
5m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has signed an MoU with Paytm to foster innovation and accelerate the growth of manufacturing and fintech startups in India. The fintech will provide mentorship, infrastructure support, market access, and funding opportunities to startups, helping them scale and innovate.
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VC firm Finvolve aims to invest Rs 300-350 Cr in 2025
YourStory
·
5m ago
Medial
Finvolve, a venture capital firm, plans to invest Rs 300-350 crore in 2025, targeting 40-45 startups across various stages, including seed, pre-seed, and growth. Their focus will be on high-impact sectors like robotics, healthcare, energy, and AI. In 2024, they invested Rs 100 crore in 27 startups, including Matter and Zulu Defence. Finvolve aims to provide significant support to Indian startups, believing in their potential to innovate and address global challenges.
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Union Minister Piyush Goyal urges Indian startups to dream bigger, seek deeptech ambitions
YourStory
·
4m ago
Medial
Union Minister Piyush Goyal encouraged startups to focus beyond quick commerce and food delivery, urging them to innovate in sectors like EVs, semiconductors, and robotics. Speaking at the Startup Mahakumbh in New Delhi, he emphasized that startups should aim for global scale and not settle for short-term conveniences. While appreciating instant grocery delivery successes, he expressed disappointment over the limited number of deeptech startups. His remarks sparked criticism from the startup community, highlighting regulatory challenges.
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AIC‑BIMTECH hosts over 150 startups at ‘Google AI Day for Startups’ event
Economic Times
·
29d ago
Medial
AIC-BIMTECH hosted the Google AI Day for Startups event, attended by over 150 startups across India. Organized by Google for Startups, the event featured workshops, panel discussions, and networking opportunities focusing on Generative AI trends, technical expertise, and commercialization strategies. It aimed to equip early-stage founders with knowledge and networks to innovate and scale their solutions, emphasizing AI-driven innovation for India's growing user base. The event fostered collaboration among founders, developers, investors, and Google experts.
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Funding is no longer a major issue for startups in India: Paytm’s Vijay Shekhar Sharma
Economic Times
·
3m ago
Medial
Vijay Shekhar Sharma, CEO of Paytm, stated that funding is no longer a significant issue for Indian startups, with capital availability improving. Speaking at the TIE Delhi-NCR summit, Sharma highlighted that India’s startup ecosystem is recovering from the 2023 funding slowdown. He noted a shift, with startups actively recruiting talent domestically. Sharma emphasized the role of AI in democratizing knowledge and urged Indian startups to innovate beyond delivery platforms into sectors like AI and robotics.
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