PIXXEL ATHERA
![EV, AI, semicon favourites for VCs amid sluggish startup funding](https://img.etimg.com/thumb/msid-100749169,width-100,height-75,resizemode-4/tech/funding/ev-ai-semicon-favourites-for-vcs-amid-sluggish-startup-funding.jpg)
EV, AI, semicon favourites for VCs amid sluggish startup funding
Investments in the three sectors -- deep tech (including AI startups) climate tech and semiconductors -- have totalled $1.58 billion in 2023, in five months itself, according to data from Tracxn.
![Spacetech startup Pixxel raises $36 million in funding from Google, others](https://img.etimg.com/thumb/msid-100682494,width-100,height-75,resizemode-4/tech/funding/google-leads-funding-round-for-indian-space-startup-pixxel.jpg)
Spacetech startup Pixxel raises $36 million in funding from Google, others
Pixxel, founded in 2019, is building a constellation of satellites that have the ability to identify mineral deposits or the productivity of crops by analysing the spectral signature of an image.
![IT hardware firms flag PLI’s investment clause; is TikTok staring at a potential ban in the US?](https://img.etimg.com/thumb/msid-98701564,width-100,height-75,resizemode-4/tech/newsletters/tech-top-5/it-hardware-firms-flag-plis-investment-clause-is-tiktok-staring-at-a-potential-ban-in-the-us.jpg)
IT hardware firms flag PLI’s investment clause; is TikTok staring at a potential ban in the US?
IT hardware manufacturers have urged the government to drop the fresh investment clause proposed in the revised production-linked incentive (PLI) scheme being prepared for the industry. Under the revised scheme, the government has kept the conditions to avail of the scheme’s benefits the same as before.
![Athera Venture appoints Rajiv Mehta as general partner; aims for first close of Rs 900-crore Fund-IV this year](https://img.etimg.com/thumb/msid-98684900,width-100,height-75,resizemode-4/tech/technology/athera-venture-appoints-rajiv-mehta-as-general-partner-aims-for-first-close-of-rs-900-crore-fund-iv-this-year.jpg)
Athera Venture appoints Rajiv Mehta as general partner; aims for first close of Rs 900-crore Fund-IV this year
The former Arvind Sports & Fashion Brands and Puma executive will join the founding team of the Bengaluru-based firm, which comprises Samir Kumar, Parag Dhol and Rutvik Doshi.
![Inventus Capital launches Rs 900 crore fourth fund; rebrands as Athera Venture Partners](https://img.etimg.com/thumb/msid-91793777,width-100,height-75,resizemode-4/tech/funding/inventus-capital-launches-rs-900-crore-fourth-fund-rebrands-as-athera-venture-partners.jpg)
Inventus Capital launches Rs 900 crore fourth fund; rebrands as Athera Venture Partners
The launch of the fund comes at a time when dealmaking has slowed down with macro headwinds hurting investments and valuations of technology companies.