Netrasemi, a Kerala-based semiconductor startup building system-on-chips (SoC), has raised INR 100 million in a Pre Series A round from Unicorn India Ventures to build Edge AI for IoT products.

Netrasemi, founded in 2020 by Jyothis Indirabhai, Sreejith Varma and Deepa Geetha, has designed three SoCs, namely Netra-R1000, Netra-A2000 and Netra-A4000. Built on an effective Netrasemi DSA (Domain Specific Architecture), all three chips are high-performance ML-capable devices using the company's unique graph-stream hardware acceleration architecture. Solution providers may create sophisticated ML and vision application use cases more quickly and easily with the help of Netrasemi processors. Targeting the surveillance, smart sensors, smart infrastructure, machine vision & industry 4.0, robotics, drones and autonomous vehicles segments, Netrasemi will market its SoCs to end-user verticals such as government, industrial, BFSI, transportation and others.

Anil Joshi, Managing Partner, Unicorn India Ventures, said, “There are attractive opportunities in the Edge AI software market, and there is absolutely no denying that the AI industry has the potential to transform various sectors. The funding accelerates Netrasemi’s mission to deploy the solutions on a better scale. We believe Netrasemi will continue to sustain its momentum with its most powerful AI chip for edge devices and strengthen its position in this space. The company has witnessed remarkable progress in the last 12 months and has designed new solutions. Hence, we believe the market opportunity is huge and the company has built the right momentum to capitalise on this segment.”

Jyothis Indirabhai, Co-Founder, Netrasemi, said, “Netrasemi family of chips will be the first AI/ML SoCs from India for intelligent edge devices, with a full array of digital IPs inhouse developed. We not only own the chip but also own what goes inside. We are excited to be backed by Unicorn India Ventures and believe this funding will play a crucial step for us to fuel our continued expansion and success.”

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Rocklink India has officially inaugurated its first integrated recycling facility at the UPSIDC Industrial Area in Sikandrabad, Uttar Pradesh. This site marks a major step in establishing a domestic circular economy for critical minerals, specifically targeting the burgeoning electric mobility and renewable energy sectors in India.

The plant is designed to handle a wide variety of inputs, including 95 different types of pre- and post-consumer battery scrap, as well as complex permanent magnet alloys such as NdFeB, SmCo and AlNiCo.

The facility utilises Rocklink’s proprietary R2 technology, which focuses on high recovery efficiency while maintaining stringent environmental safety standards. It features an initial lithium-ion battery recycling capacity of 10,000 tonnes per year, capable of producing high-purity black mass.

Additionally, the site manages rare earth magnet dismantling and processing at a rate of 60 tonnes per month. To further enhance its capabilities, the company expects to complete its rare earth chloride processing line – which has a production capacity of 1,500 tonnes per year – in the first quarter of 2026, utilising a 22-meter direct-heated rotary kiln for the safe calcination of metal-bearing industrial waste.

Beyond material recovery, the facility aims to achieve over 98 percent recovery efficiency for key metals including aluminium, copper and iron.

Rocklink India also plans to integrate battery refurbishment operations, enabling the safe reuse of viable battery cells through international standards for testing and balancing to extend resource efficiency.

To support these operations, the company is expanding its Magcycle reverse logistics model and a ‘Know Your Material’ (KYM) approach to ensure structured collection and accurate material grading. Through collaborations with technology startups and research institutions, Rocklink aims to advance dismantling automation and strengthen India's domestic supply chains for critical raw materials.

Leonard Alexander Ansorge, Director, Rocklink India, said, “The establishment of this facility marks an important step in building advanced recycling infrastructure for critical materials in India. With capabilities to process lithium-ion batteries and rare earth magnets, we aim to support the development of a circular ecosystem for critical raw materials that are essential to electric mobility, renewable energy systems, and advanced manufacturing.”

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AUMOVIO (formerly Continental’s Automotive business) and trinamiX, a subsidiary of BASF, have co-developed a non-invasive blood alcohol measurement system for vehicle cockpits.

First showcased at CES 2026 in Las Vegas, the technology uses miniaturised near-infrared (NIR) spectroscopy to detect ethanol molecules through the skin, providing precise results in under 10 seconds.

The system is designed to meet emerging global safety regulations for driver-monitoring systems (DMS) and alcohol interlocks. Unlike traditional breathalysers, which require the user to blow into a tube, this solution operates by simply touching a fingertip to a discreetly integrated sensor, which could be placed on the dashboard, steering wheel, or within the centre console.

The sensor works by emitting invisible near-infrared light pulses into the tissue beneath the skin.

The light interacts with ethanol molecules, creating a unique reflection pattern (a molecular fingerprint). Through AI-based algorithms process these reflections in real-time to derive a precise blood alcohol concentration (BAC). The technology’s performance has been scientifically validated through a clinical study registered with the German Clinical Trials Register (DRKS).

By integrating this health and safety feature directly into the vehicle's User Experience (UX), AUMOVIO and trinamiX aim to make sober-driving verification as seamless as a smartphone fingerprint scan. The solution is highly configurable, allowing manufacturers to set different threshold levels based on local legal requirements.

Pavel Prouza, Head of the User Experience (UX) business area at AUMOVIO, said, “By integrating a blood alcohol measurement solution directly into the vehicle cockpit, we are clearly demonstrating how health and safety features can be seamlessly and discreetly incorporated into the vehicle interior while enhancing the user experience. With our future-ready solution, we are increasing road safety while maintaining the usual level of convenience.”

Dr. Wilfried Hermes, Director of Consumer Electronics & Automotive, trinamiX, added, “Our NIR spectroscopy technology offers a reliable, user-friendly way to measure blood alcohol levels directly in the vehicle and sets new standards. By providing OEMs with an effective tool to comply with future regulations, we are laying the foundation for greater safety for all road users without compromising driving comfort.”

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Innoviz Technologies, a leading LiDAR tech supplier, has announced the launch of the InnovizTwo Ultra Long-Range (ULR) LiDAR. This new automotive-grade sensor is said to be engineered to provide high-fidelity, real-time spatial awareness at an infrastructure scale, specifically designed to meet the demands of emerging Physical AI systems.

The ULR variant extends the InnovizTwo product line and the SMART family, utilising the same production tools and processes as the standard InnovizTwo to ensure a smooth manufacturing ramp-up. First samples have already been delivered to select customers.

The InnovizTwo ULR is a Class 1 eye-safe sensor that significantly pushes the boundaries of long-range 3D sensing. It has a claimed upto 1 km range detection, up to 667 pts/deg² (High-resolution 3D point cloud), a 120 deg x 24 deg with ±5 deg digital panning field of view. It uses Power over Ethernet (PoE) for streamlined SMART deployments, connectivity and is resistant to dust, rain and extreme temperatures.

The sensor is designed to address critical gaps in industries where ultra-early detection and high-inertia movement require extensive reaction times.

• Autonomous Heavy Trucks: Kilometre-scale perception is essential for the long stopping distances and high inertia of heavy freight.
• Perimeter & Border Security: Enables early detection of humans, vehicles and animals over vast areas with lower false-alarm rates than traditional radar.
• Drone Detection: Fine angular resolution allows for the tracking of small, low-reflectivity aerial targets that typically evade cameras and radar.
• Infrastructure & Smart Cities: Supports city-scale digital twins and long-range traffic prediction to manage congestion and incidents upstream.
• Aviation & Port Safety: Single-sensor monitoring for foreign object debris (FOD) across entire runways and taxiways.

Omer Keilaf, CEO and Co-Founder, Innoviz Technologies, said, "With the InnovizTwo Ultra Long-Range LiDAR, we are extending the boundaries of what our LiDAR can do in the field. Physical AI systems require precise, real-time 3D understanding of the world, not probabilistic inference alone. The combination of kilometre-scale range, extremely high-resolution 3D sensing, and the durability of an automotive-grade LiDAR gives operators across a wide range of industries a tool that performs reliably in harsh conditions, day or night."

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L&T Technology Services (LTTS) has announced its financial results for the fiscal year ended March 31, 2026, reporting a 14 percent increase in revenue to INR 109 billion.

The company also confirmed its sixth consecutive quarter of large-deal bookings valued at approximately USD 200 million, bringing its total TCV (Total Contract Value) for the year to over USD 850 million.

As part of a strategic realignment to focus on Engineering Intelligence (EI) and higher-margin core segments, LTTS has divested its SWC (Smart World and Communication) business. This pivot aligns with the company's ‘Lakshya 31’ 5-year plan, which targets a 13–15 percent CAGR through the integration of AI, digital and engineering technologies.

The company demonstrated resilience across key metrics, supported by stabilisation in the mobility sector and strong scaling in sustainability projects.

For Q4 FY2026, the revenue came at INR 28.57 billion, while net income came at INR 3.46 billion, an EBIT margin of 15.2 percent.

During the year, the company’s total patent count reached 1,706, with over 235 patents specifically in AI. The workforce strength stood at 23,830 employees at end of FY2026. L&T Technology Services also achieved ‘Partner-level Supplier’ status with John Deere for the 6^th time, Creative Partnership Award from the Aeronautical Development Establishment (ADE) and Engineering Innovation Award from Newmar Corporation.

Amit Chadha, CEO & Managing Director, L&T Technology Services, said, “We recalibrated our portfolio to focus on profitable growth business, driven by forward-looking technologies. We believe we will continue to grow faster than the industry supported by strong core capabilities and execution discipline. Our approach to Engineering Intelligence, where engineering converges with AI and digital technologies, is delivering higher-value solutions and differentiated outcomes for our clients.”

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