KSUM, German Consortium Partner to Fuel Deep-Tech Startups

• KSUM signed an MoU with Germany's NXTGN Startup Factory to boost deep-tech startups in Kerala and Germany.
• The agreement, finalized at Huddle Global 2025, aims to develop around 300 startups and facilitate funding.
• NXTGN Startup Factory is a consortium of five German universities managing a venture capital fund exceeding 1 billion euros.
• The collaboration seeks to create a sustainable talent pipeline and position Kerala as a leader in deep-tech research in India.
• KSUM also signed a separate MoU with IIT Palakkad Technology I-Hub Foundation (IPTIF) to promote innovation in the housing and construction sector.

Why It Matters: This partnership boosts deep-tech innovation and job creation in Kerala.