Deep Tech Funding Soars: Exponent, Calligo, Qosmic, Sanyark Seek Fresh Capital

• Indian deep tech sector sees increased investor activity, with startups like Exponent Energy, Calligo Tech, Qosmic, and Sanyark raising new funding rounds.
• Government extends deep-tech startup eligibility to 20 years and introduces a Rs 1 lakh crore RDI fund, boosting investor confidence.
• Exponent Energy seeks $22-28 million for EV rapid charging expansion, valuing the company at $150-180 million.
• Calligo Technologies aims to raise $10 million for semiconductor R&D and talent acquisition, with a valuation of $40-60 million.
• Qosmic (quantum communication) and Sanyark Space (LEO satellites) are also in advanced stages of securing funding from investors like Accel, SPC, and Avaana Capital.