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TIEA Connectors secures 3.81 Crores in Funding to Monetise Micro-electronic Connectors and Terminals

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Bangalore-based TIEA Connectors Private Ltd will be receiving 3.81 crores from the Technology Development Board (TDB) under the initiative “Commercialization of Indigenous Technologies Through Tech Start-ups”. The startup, a graduate of the Indian Institute of Science, Bangalore incubator, the Society for Innovation and Development (SID-IISc), will use the funding for the commercialization of micro-electronic harsh environment connectors and terminals.

TDB launched the initiative with the goal of supporting the development of indigenous technologies and promoting entrepreneurship and innovation. Through funding such start-ups, TDB aims to empower them to expand their ground breaking solutions, which will not only drive economic growth but also enhance our nation’s leadership in technological advancements.

The funded project is for the development and commercialization of connectors with pitches measuring 2.8mm, 2.5mm, and 2.54mm along with their corresponding terminals. The product supported is primarily intended for the growing niche market of electric vehicles and drones, as well as automotive and consumer electronics among others. Currently, over 50% of the connector market depends on imports. Presently, the company is engaged in the R&D of aerospace and defense connectors. It has obtained four design patents and filed an application for a patent in the field of material science.

“The company’s focus on electric vehicles and drones aligns with the global trend towards sustainable transportation solutions. By developing innovative connectors and terminals, the company is not only contributing to the growth of the niche market but also reducing dependence on imported components. Additionally, their involvement in aerospace and defense demonstrates their commitment to provide reliable and advanced technology for critical industries,” said Shri Rajesh Kumar Pathak, Secretary, TDB.