Theia Ventures $30 million clean energy fund gets BII backing
Daily brief on deep tech and climate tech news from India and around the world.
Shilpa Kumar, MD, BII India, with Priya Shah , Founder, Theia Ventures. BII is backing Theia’s $30 million clean energy fund in India. Image source: press release.
ABB sells robotics unit to SoftBank for $5.375 billion
ABB has announced it will divest its Robotics division to SoftBank Group for $5.375 billion, a decision made as an alternative to spinning off the business, the company said in a press release. The move is expected to create immediate value for ABB shareholders and use the proceeds to improve its…
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