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Friday Deep Tech Wrap: Varda Space raises $187 million, Airalo a unicorn, and more

Daily brief on deep tech and climate tech news from India and around the world.

Airalo’s founders Abraham Burak and Ahmet Bahadir Ozdemir. The eSIM provider has just raised $220 million in an investment that values it at $1 billion. Image courtesy company.

India launches ₹10,000 crore second tranche of deep tech fund

Union Minister Piyush Goyal announced a ₹10,000 crore second tranche under the government’s ‘Fund of Funds’ at Sangam 2025, aiming to strengthen India’s deep tech ecosystem. The fund will support the entire technology lifecycle, from research to commercial deployment, focusing on…

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