Photon

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Frontier AI & Machine Learning Just now (09:12 PM IST)

Photon Raises $4.5 Million to Push AI Agents Into Messaging Apps

Photon has raised $4.5 million to advance a bet that consumers will increasingly interact with software through AI agents rather than by downloading standalone mobile apps. The startup is building tools that let developers deploy agents across iMessage, SMS/RCS, email and other messaging channels, positioning itself at the intersection of frontier AI and consumer software distribution.

By RDU Global Wire5 min read

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Startups & Venture Capital2h ago

IIT Madras, Unicorn India Ventures Close First Rs 450 Crore Deeptech Fund

IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.

5 min readRead →

Startups & Venture Capital5h ago

IITM Unicorn Frontier Fund I Secures Rs 450 Crore First Close, Targets Deep-Tech Breakout in India

The IITM Unicorn Frontier Fund I has reached a Rs 450 crore first close and has already deployed nearly Rs 55 crore into four deep-tech startups spanning space, quantum, batteries and carbon capture. Backed by IIT Madras, IIT Madras Research Park and Unicorn India Ventures, the fund is part of a larger Rs 1,000 crore vehicle designed to bridge the gap between laboratory innovation and commercial scale.

5 min readRead →

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Washington, D.C.(1)