Xora Innovation

We are excited to share that The Monetary Authority of Singapore (MAS), DBS Bank, HSBC, OCBC, UOB, SPTel Pte Ltd, and our portfolio company, SpeQtral, have signed a Memorandum of Understanding (MoU) to explore the application of Quantum Key Distribution (QKD) in the financial sector. This collaboration aims to enhance cybersecurity measures for financial institutions by protecting the exchange of cryptographic keys against the potential threats posed by quantum computing. This initiative will focus on studying the application of QKD in financial services, developing a Proof-of-Concept Sandbox for the sector, validating the security properties of QKD, and enhancing technical competencies through knowledge exchange. This would better equip participants with the necessary skills to support the transition towards quantum security solutions as they become commercially available. We are proud of SpeQtral's role in this groundbreaking collaboration, paving the way for more secure and resilient financial systems! Learn more here: https://lnkd.in/gVu8rTEu #quantumkeydistribution #quantumsecurity #financialservices #quantumcryptography #qkd #speqtral

Xora Innovation is thrilled to lead the $55M Series A funding for Peak Energy, partnering with Landon Mossburg, Cameron Dales, Liam O'Connor and the exceptional Peak Energy team. This investment will launch the full-scale production of their proven sodium-ion battery technology. As U.S. energy demand surges due to AI and other applications, there's an urgent need for scalable, affordable clean energy solutions. Peak Energy's proven sodium-ion technology offers a crucial solution, providing reliable, cost-effective, utility-scale storage that maximizes the benefits of renewable energy. Peak Energy’s rapid progress has been nothing short of impressive and the leadership brings decades of expertise from world-class companies such as Tesla, Northvolt, SunPower, Fluence, and Enovix. We are excited to partner and accelerate Peak Energy’s ambitious growth trajectory, paving the way for a sustainable and resilient energy future! Additionally, we are delighted to collaborate with Eclipse, TDK Ventures, Lachy Groom, Tishman Speyer, Doral Energy-Tech Ventures, and TechEnergy Ventures in our support of Peak Energy. Please see the Press Release here for more details: https://lnkd.in/dQZcKdgm Phil Inagaki Artem Smirnov Sofia B. Hendy Handoko Dickson Thian, Ph.D Phoebe Tan Hari Ramachandran Candice Ong Alan Thompson #EnergyStorage #Sustainability #CleanEnergy #XoraInnovation

Congratulations to Vijay Chandrasekhar, Joel Li and the Cosmos Innovation team on this recognition by the World Economic Forum (#WEF)! This accolade is a testament to their focus on AI-powered scientific discovery and the impactful contributions they are making to the tech landscape. Join us in congratulating the entire team at Cosmos Innovation on this remarkable achievement!

We’re thrilled to announce that Celestial AI has earned a spot on EETimes' "Silicon100: Startups Worth Watching in 2024" 🌟 The EE Times Silicon 100 maps out the high-potential, high-impact technologies that will shape the future of the electronics and semiconductor industry. https://lnkd.in/gwuSJ2fQ Congratulations to David Lazovsky and the Celestial AI team on this well-deserved recognition! With their groundbreaking #PhotonicFabric technology, Celestial AI is transforming the infrastructure of data centers to power the era of #GenAI! Join us in celebrating their innovative journey and watch this space for more updates!

In 2022, Xora Innovation proudly partnered with Conor Madigan to launch Aether Fuels. The goal was to produce sustainable liquid fuels, including Sustainable Aviation Fuels #SAF, with the lowest green premium and the most flexible, scalable feedstock. The first-rate team led by Conor, together with the breakthrough Aether Aurora™ technology, is dedicated to bring this to fruition. This remarkable team collectively boasts over $60B worth of experience in designing and building fuel plants. Sanjiv Dabee PrEng, Steve Liang, Claudio Antonio Bertelli, Elie Fayad, and Eric (Ric) Redman. Xora is thrilled to participate in Aether Fuels' successful completion of a $34M Series A funding round, led by AP Ventures, with significant contributions from Chevron Technology Ventures, TechEnergy Ventures, Foothill Ventures, Doral Energy-Tech Ventures, JetBlue Ventures, CDP Venture Capital SGR and Zeon Ventures Inc. Gratitude also goes to strategic partner GTI Energy and our co-investors who have been instrumental in reaching this milestone: Michelle Robson, Calum Ferguson, Luis Alcoser, Sindhu Balan, Alejandro Solé, Tomás Rauch, Roee Furman, Guy Yavin, Ryan Chou, Eric Rosenblum, Carlotta Orlando, Carly X., Duncan Robinson, and Don Stevenson. We look forward to sharing more updates as Aether continues to lead the way in sustainable fuel innovation! https://lnkd.in/gYPM6Thf Phil Inagaki, Artem Smirnov, Sofia B., Dickson Thian, Ph.D, Hendy Handoko, Phoebe Tan, Hari Ramachandran, Candice Ong, Alan Thompson #Innovation #Sustainability #CleanEnergy #FutureFuels #XoraInnovation

Spotlighting our portfolio company, Celestial AI's CEO, David Lazovsky presenting at Samsung Semiconductor SAFE Forum last week, showcasing their breakthrough Photonic Fabric technology!

Congratulations to Cosmos Innovation, Vijay Chandrasekhar, Joel Li on their selection as a member of the World Economic Forum's Technology Pioneers 2024 Cohort! This select group of 100 leading tech start-ups are focused on applying new breakthroughs in AI to develop clean energy solutions, healthcare innovation and progress in biotech, space and neurotechnology. #TechPioneers24 https://lnkd.in/g_8_wk9a

Exciting news! Talus Renewables, one of our portfolio companies, was spotlighted on BBC News’ The Climate Question Podcast and in Forbes. Discover how Talus is pioneering cost-effective green ammonia. Learn more here: BBC Podcast: https://pca.st/b6gi5qd7 Forbes: https://lnkd.in/d5FYa8YY

Xora Innovation recently paid a visit to our portfolio company, Cosmos Innovation with AI luminary Tomaso Poggio and the ever energetic Philip Yeo - We are excited to see the fast progress that Cosmos is making towards commercializing Perovskite Silicon Tandem (PST) with their AI platform!

Last evening, Xora Innovation hosted a dynamic mixer event alongside a lively group of investors, our partners at Emerging Technology, and leadership from our venture builds. It was a night of meaningful exchanges, where leaders and the Xora team engaged in deep discussions with investors about forging potential partnerships and the promising prospects that lie ahead. 🤝 A heartfelt thank you to all who joined us and contributed to the success of this gathering. Your vibrant energy and active participation are the driving forces behind our progress. We are committed to continuing to build these relationships and to innovating within the deep tech sector. We are truly enthusiastic about the potential of Singapore’s deep tech ecosystem, which is poised for significant growth. 📸 Check out some of the evening's highlights below! #DeepTech #NetworkingEvent #InvestmentOpportunities #ThankYou