Last mentioned: Mar 4, 2026
NVIDIA Acquisition
NVIDIA officially acquires Illumex to bolster its AI data infrastructure.
APAC Expansion
Cardumen announces strengthened global reach through its Taipei-based partner following the exit.
Seed Investment
Cardumen Capital leads the seed funding round for Illumex.
Fund Launch
Cardumen Capital launches its 2019 vintage fund focusing on DeepTech.
NVIDIA’s acquisition of data infrastructure startup Illumex marks a significant exit for Cardumen Capital, reinforcing the firm's 'Seed-to-Exit' thesis. The deal underscores the critical role of robust data layers in scaling generative AI and strengthens Cardumen's strategic bridge between Asian capital and global innovation hubs.
Deeptech investments have climbed 37% to reach $2.3 billion, driven primarily by the rapid evolution and commercialization of Artificial Intelligence. This shift signals a strategic pivot by venture capitalists toward high-moat, research-intensive technologies over traditional software services.
Indian tech startups secured $9.1 billion in funding in 2025, marking a 23% year-on-year increase driven by a surge in DeepTech and AI investments. The ecosystem is transitioning toward execution-led maturity, with capital increasingly concentrated in ventures demonstrating clear pathways to monetization.
This page surfaces every story mentioning DeepTech across our finance coverage. We track each entity's appearance over time so readers can trace how the narrative evolves — which developments are isolated incidents, which build into longer arcs, and which reframe how operators in the space think about the entity. Story selection uses the same multi-source verification gate applied across the rest of our coverage.
Read our editorial methodology for how we identify, deduplicate, and score entity references. Our glossary defines the technical terms used across stories on this page, and our trends index contextualizes individual developments against the longer-running finance beat. Cross-entity comparisons live on our compare view.
| What you see | What it tells you |
|---|---|
| Story count | Number of distinct stories where DeepTech was a primary or referenced actor. |
| Recency clustering | Whether mentions are concentrated in a recent window (a news cycle) or distributed (a sustained arc). |
| Sentiment distribution | Aggregate sentiment of the stories mentioning this entity, weighted by impact score. |
| Cross-niche links | When the same entity surfaces in our sibling networks, we link to those views to enrich context. |