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IIT Madras Global Research Foundation launches deep tech hub in Menlo Park, California; plans second US centre
IIT Madras Global Research Foundation announced the creation of a deep tech hub in Menlo Park, California, with a total planned investment of USD 7.5 million. The hub was launched on April 24 with USD 4.5 million in greenfield investment and will support Indian deep-tech startups with global market access, mentorship, and partnerships; the release also mentions a second East Coast centre.
Why It Matters
The announcement signals ongoing expansion of Indian research initiatives into the US tech ecosystem, potentially strengthening cross-border collaboration and entrepreneurship.
Timeline
3 Events
Plans for a second East Coast centre announced
May 9, 2026
The release accompanying the announcement also stated IITM Global plans to establish a second centre on the East Coast of the United States.
Announcement of USD 7.5 million deep tech hub at SelectUSA
May 6, 2026
At the SelectUSA Investment Summit, IITM Global announced plans to set up a deep tech hub in Menlo Park with total planned investment of USD 7.5 million.
Menlo Park deep tech hub launched
April 24, 2026
The centre was launched in Menlo Park with a greenfield investment of USD 4.5 million from IITM Global, aimed at advancing deep tech research, startup incubation, and global market access.