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Cambridge Aerospace is in talks to raise $300M at a $3.5bn valuation, almost nine times its worth a year ago

Cambridge Aerospace, a British defence-technology startup building systems to shoot down drones and cruise missiles, is in talks to raise around $300M at a valuation of about $3.5bn, according to a Bloomberg report citing people familiar with the matter. Venture firm DFJ Growth is in talks to lead the round, the people said. The financing […]

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Rotomate raises €2.1M pre-seed to put a reliability engineer inside every factory

Rotomate, a Finnish industrial AI startup, has raised €2.1M in pre-seed funding to expand a platform that reads machine data and recommends maintenance actions the way a senior reliability engineer would. The round was led by Helsinki-based Kvanted, with Robin Capital, Angel Invest, Accel’s scout programme, and Business Finland also taking part. Angel investors Jiri […]

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The $2 trillion AI infrastructure problem no one is talking about, and the engineer solving it

The AI infrastructure earnings calls of the past eight quarters have given the public a precise vocabulary for what the build-out costs in capital. Hyperscaler GPU procurement. Power purchase agreements. Real-estate footprints. The vocabulary they have not given the public is for what it costs to keep the clusters healthy on a recurring basis after […]

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Munich startup ERC System unveils Victor, a heavy-lift cargo eVTOL, at ILA Berlin

Munich-area startup ERC System has unveiled Victor, an uncrewed hybrid-electric cargo eVTOL designed for defence, logistics, and disaster response, at ILA Berlin 2026. The company says the aircraft can carry a 250kg payload over a range of 300km at a cruise speed of 250km/h. ERC System is targeting first deliveries in 2028. Victor uses a […]

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TSMC does not rule out price rises as inflation pushes up chip manufacturing costs

Taiwan Semiconductor Manufacturing Company, the world’s largest chipmaker, told the BBC that inflation is pushing up its costs and did not rule out raising prices. CFO Wendell Huang said the company would not impose sudden “fourfold, fivefold” increases but acknowledged that costs have risen. “We reflect our value,” he said, pointing to TSMC’s technology leadership […]

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MIT’s ultrasound wristband tracks every finger movement and lets you control a robot hand in real time

Engineers at MIT have built an ultrasound wristband that can track 22 degrees of freedom in the human hand and use that data to control a robotic hand in real time, according to research published in Nature Electronics in March 2026. The device uses a ring of small ultrasound transducers worn around the wrist to […]

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Rem3dy Health raises £14M at £84M valuation to take 3D-printed personalised vitamins global

Birmingham-based Rem3dy Health, the parent company of personalised vitamin brand Nourished, has raised £14 million at a valuation of £84 million in a round backed by a mix of global strategic investors. The round was led by Japanese beverage and wellness group Suntory, Spanish brewing conglomerate Estrella Galicia, Indian healthcare provider Apollo Hospitals, and French […]

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Two Russian APT groups are exploiting a WinRAR flaw patched nearly a year ago to hit Ukraine

Two Russian state-linked hacking groups are actively exploiting a path traversal vulnerability in WinRAR that was patched nearly a year ago, using it to deploy credential-stealing malware against Ukrainian government and military targets, according to research published by Trend Micro. The flaw, tracked as CVE-2025-8088 and rated 8.4 on the CVSS scale, allows attackers to […]

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Two Russian APT groups are exploiting a WinRAR flaw patched nearly a year ago to hit Ukraine Read More »

Rivian begins R2 deliveries as it bets a shrinking US EV market is an opportunity, not a threat

Rivian began handing over the first R2 SUVs to paying customers on Tuesday, opening a new chapter for a company that has burned through billions of dollars trying to prove it can build electric vehicles at scale. The R2 starts at $57,990 for the Performance trim with Launch Package, considerably above the $45,000 price point […]

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Apple’s real AI story isn’t Siri: it’s a 20-billion-parameter model that runs from your iPhone’s flash

The headline from Apple’s developer conference was a reborn Siri. The more interesting story sits underneath it: the AI models Apple built to run the thing, one of which is far too big to fit in an iPhone’s memory, yet runs on the device anyway. In a technical post published alongside WWDC, Apple detailed the […]

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Apple’s real AI story isn’t Siri: it’s a 20-billion-parameter model that runs from your iPhone’s flash Read More »

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