Startup news and updates: Daily roundup (July 16, 2026)

Metastable Materials in Bengaluru refines spent lithium-ion batteries to recover critical metals.

Former ISRO chief S Somanath joins Agnikul Cosmos board ahead of Mission 02, aiming for India's first rocket booster recovery and in-orbit upper stage.

SwitchOn raises $8M from IvyCap Ventures to expand AI-based quality inspection systems for manufacturers.

KuhlTherm raises $1.1M from Arkam Ventures to scale liquid cooling solutions for AI data centers and high-performance computing.

Latent View Analytics appoints Sonal Ramrakhiani as CEO to lead global growth with AI-first focus.