Month: June 2026

Bengaluru-based deep-tech startup QOSMIC has secured $3.33 million (approx. ₹31 crore) in a seed funding round to build laser-based communication systems for satellites, addressing a critical bottleneck in the rapidly expanding space industry .

The round was led by global venture capital firms Accel and Prosus, with participation from South Park Commons, ARTPARK, and angel investor Manish Jain . QOSMIC was also among six startups selected for the inaugural Atoms X cohort, a joint initiative by Accel and Prosus backing breakthrough science-led innovations .

India’s sovereign AI push is gaining significant momentum as Sarvam AI emerges as the country’s flagship homegrown artificial intelligence venture. The Bengaluru-based startup, which recently achieved unicorn status with a $1.5 billion valuation** after raising **$234 million in its Series B round, is at the forefront of India’s drive for indigenous AI infrastructure and large language models tailored to the nation’s unique linguistic and cultural diversity .

A Bengaluru-based AI startup has emerged as a pivotal voice in global AI policy discussions, showcasing how India’s approach to artificial intelligence—centered on linguistic diversity and sovereignty—is reshaping the global conversation on AI governance.