IIT Madras Global Research Foundation announces deep tech hub in California
IIT Madras Global Research Foundation launched a USD 7.5 million deep tech hub in Menlo Park, California, to support Indian startups with global market access, mentorship, and partnerships. The hub, inaugurated on April 24 with a USD 4.5 million greenfield investment, aims to accelerate research commercialization near Silicon Valley, with plans for a second center on the East Coast.
IIT Madras Global Research Foundation announced the establishment of a deep tech hub in Menlo Park, California, with a total investment of USD 7.5 million. The center, launched on April 24 at the SelectUSA Investment Summit, will serve as a launchpad for Indian deep tech startups, offering access to global markets, venture ecosystems, mentorship, research collaborations, and industry partnerships. Located strategically near Silicon Valley, the hub focuses on advancing deep tech research and commercialization while supporting startup incubation and global market expansion. The initial greenfield investment of USD 4.5 million from IITM Global marks the foundation’s commitment to fostering innovation and bridging gaps between Indian startups and international opportunities. The press release also highlighted plans to establish a second center on the U.S. East Coast, further expanding the foundation’s global footprint. The initiative underscores IIT Madras Global’s role in driving technological advancements and facilitating cross-border collaborations in deep tech sectors.
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