Deepinder Goyal to Invest $1 Million in Kalam Labs for Space Technology Development
Deepinder Goyal, founder of Zomato, is set to invest $1 million in Kalam Labs, a space technology startup. This investment is part of a $5-7 million funding round that may include Globaz Technologies. Kalam Labs focuses on high-altitude drones for defense and surveillance, transitioning from an edutainment platform. Additionally, Raana Semiconductors has raised $3 million to develop domestic silicon ingot growth systems, aiming to reduce India's reliance on imported wafers.
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Deepinder Goyal plans to invest $1 million in Kalam Labs, a startup specializing in high-altitude drone technology, as part of a $5-7 million funding round potentially involving Globaz Technologies. The company, originally an edutainment platform, is now focused on aerospace innovation.
Meanwhile, Raana Semiconductors has secured $3 million to establish indigenous silicon ingot growth systems, addressing a critical gap in India's semiconductor and solar manufacturing sectors. This initiative aims to reduce dependence on imported materials and enhance India's technological sovereignty.
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