Walter Isaacson’s recently released biography of Elon Musk narrates a story from the early days of the SpaceX founder’s fascination for colonising Mars. In the early 2000s, Musk and other space nerds at the Mars Society in the US had dreamt up a project called Mars Oasis, which involved them sending a greenhouse full of plants to the red planet. Musk’s theory was that after seeing photographs of green plants growing inside the greenhouse in what
Business News›Prime›Tech›Space and deep-tech businesses in India have solved one funding problem. They now encounter another.
Space
Space and deep-tech businesses in India have solved one funding problem. They now encounter another.
Synopsis
For years it was difficult for deep-tech and space businesses to raise seed rounds in India. That is not the case anymore. But there is now a new problem they encounter when looking to raise further risk capital for growth — fund houses’ lack of understanding of high technology and its business case.
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