India, June 22 -- A Bengaluru-based entrepreneur who is building what could become the future of data storage is moving her company to San Francisco - not because India lacks talent, but because she believes the Indian ecosystem still lacks the risk appetite needed to build deep-tech companies.

Anagha Rajesh, founder of BioCompute, announced that the company will relocate to the US as it begins developing the first version of its DNA data storage chips. In a blog post shared yesterday, Anagha explained the reason behind her decision to relocate from India to the United States.

BioCompute is a deep-tech startup founded by Anagha Rajesh that is building a new way to store data using DNA instead of traditional computer hardware. The compan...