Ukhi Secures $1.2 Million to Boost Eco-Friendly Packaging Solutions
In a major move toward tackling plastic pollution, Ukhi, a Faridabad-based startup specializing in sustainable biomaterials, has successfully raised $1.2 million in a pre-seed funding round. The round, led by 100Unicorns, saw participation from Venture Catalysts and angel investor Avtar Monga, along with debt funding from SIDBI…
Ultraviolette, the electric motorcycle manufacturer, has officially launched its new experience centre, the UV Space Station, in Hyderabad. This move comes after successful openings in Pune, Ahmedabad, and Kochi.
Narayan Subramaniam, CEO & Co-Founder of Ultraviolette, expressed enthusiasm about the new facility, stating, “The launch of the UV Space Station in Hyderabad aligns with our mission to…
Abolis Biotechnologies, a pioneering French startup specializing in microbial solutions for industrial applications, has successfully raised €35 million in a new funding round. This investment is led by a consortium of prominent international investors, including BOLD, L’Oréal’s venture capital fund, Evonik Venture Capital, and several impact-focused funds such as DeepTech & Climate Fonds…
Italian luxury automobile manufacturer Automobili Lamborghini has warmly welcomed the Uttar Pradesh government’s recent decision to eliminate registration fees for hybrid vehicles. This policy shift, announced on August 9, 2024, marks a significant step towards promoting environmentally friendly technology in one of India’s most populous states. The move is expected to have a substantial…
Nissan has announced plans to build a state-of-the-art training facility in Sunderland aimed at nurturing the next generation of automotive professionals. The £14.6 million initiative, named MADE NE (Manufacturing, Automation, Digitalisation, Electrification North East), is set to receive £9.6 million in funding from the North East Combined Authority (NECA) following a favorable council…
