IIT Madras Launches $7.5 Million Deep Tech Hub In Menlo Park
India-West News Desk
MENLO PARK, CA -The IIT Madras Global Research Foundation has launched its first U.S. center in Menlo Park, California, establishing a $7.5 million deep-tech hub aimed at connecting Indian startups with Silicon Valley investors, partnerships, and market access. The announcement was made at the SelectUSA Investment Summit, a federal business investment forum.
The project includes a planned investment of $7.5 million, including a $4.5 million greenfield investment from IITM Global.
The center will focus on deep-tech research, startup incubation, and commercialization while helping Indian ventures access mentorship, corporate partnerships, and international markets.
“This expansion into the United States represents a natural progression of IIT Madras’ vision to take Indian research and innovation to the global stage,” Prof. V. Kamakoti, Director of IIT Madras and Chairman of IITM Global, said.
He said the Menlo Park center would support collaboration with industry leaders, academia, and venture ecosystems.
Prof. Raghunathan Rengaswamy, Director of IITM Global, said the U.S. presence would help advance translational research, scale deep-tech startups, and strengthen partnerships between India and the United States.
Prof. Preeti Aghalayam, Dean of Global Engagement at IIT Madras and Director of IITM Global, said the initiative would help students, researchers, and entrepreneurs engage with international innovation ecosystems.
Thirumalai Madhavnarayan, CEO and Director of IITM Global, said the Menlo Park center would serve as a strategic base for U.S. operations and support deep-tech ventures moving from research labs to global markets.
IITM Global also announced plans to establish a second center on the U.S. East Coast to expand connections with financial, academic, and policy ecosystems across the United States.
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