{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"India Tech Report","title":"Theia Ventures $30 million clean energy fund gets BII backing","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/5cd17603\"></iframe>","width":"100%","height":180,"duration":243,"description":"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 billionABB 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 capital allocation. The transaction is expected to close in mid-to-late 2026.Listen to the episodeHoneywell and LS Electric partner to innovate data center solutionsHoneywell and LS Electric have announced a global partnership to develop and market hardware and software for data centers and battery energy storage systems, the companies said in a press release. The collaboration will create integrated power solutions to simplify management and improve efficiency, helping data centers avoid costly downtime. They will also create a new grid and building-aware battery energy storage system.Space Ocean signs deal to explore nuclear power for deep spaceSpace Ocean Corp and Space Nuclear Power Corporation have signed a Letter of Intent to explore using advanced nuclear power systems for deep space missions, the companies said in a press release. The collaboration will test a 10-kilowatt nuclear reactor on Space Ocean’s ALV-N satellite. If successful, Space Nukes could become a primary supplier for Space Ocean’s future lunar and planetary missions.India’s space economy projected to reach $44 billion by 2033India’s space economy is projected to reach $44 billion by 2033, up from $8.4 billion in 2022, according to Union Minister Dr. Jitendra Singh, addressing the “Satcom” at the India Mobile Congress 2025, according to a press release from the department of space. Regulatory reforms and...","thumbnail_url":"https://img.transistorcdn.com/klwtZi6_OVxR1RQx-EUqBBLq9JNmkk2p0xt3ov7-eeg/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9kYjRi/MTNkNDVhMTVlOThm/MDM4ZmVlYjFmZGNl/OGFiNy5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}