{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"India Tech Report","title":"India approves Rs. 1,500 crore critical mineral recyling plan","html":"","width":"100%","height":180,"duration":398,"description":"Daily brief on deep tech and climate tech news from India and around the world.\nETH Zurich students have innovated a 2-metal 3D printer that significantly reduces waste and manufacturing time for cylindrical components. Image courtesy Science Direct.\nIndian cabinet approves Rs.1,500 crore plan for mineral recycling\nIndia’s Union Cabinet has cleared a six-year, Rs.1,500 crore incentive plan under the National Critical Mineral Mission to boost recycling of battery waste and e-waste for extracting critical minerals, according to a press release on the PM India website. The policy targets both large and small recyclers, offering capital and operational subsidies and aims to create 270 kT recycling capacity, 40 kT mineral output, Rs.8,000 crore investment, and 70,000 jobs. The plan is expected to strengthen supply chain resilience.\nListen to the podcast\n\nEIC Scaling Club members raise over €1.2 billion in funding\nThe European Innovation Council’s EIC Scaling Club has helped 120 European deep tech scaleups collectively raise over €1.2 billion, supporting growth across sectors such as computing, renewable energy, and smart mobility, Tech.eu reports. Notable deals include €256 million for Multiverse Computing and significant rounds for Axelera AI and Aerones. The programme facilitates investor networking and marks a milestone for Europe’s deep tech, with further events scheduled into 2026.\nIQM Quantum Computers raises over $300 million Series B\nIQM Quantum Computers secured more than $300 million in a Series B funding round led by US-based Ten Eleven Ventures, with notable support from Finnish investor Tesi, Quantum Insider reports. This investment aims to accelerate IQM’s global expansion and quantum technology development. The round marks one of Europe’s largest quantum investments, signaling heightened growth and innovation within the continent’s quantum computing ecosystem.\nSierra nears $350 million funding round, valued at $10 billion\nAI agent startup Sierra is...","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}