Auto Added by WPeMatico
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 […]
This story continues at The Next Web
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 […]
This story continues at The Next Web
Rotomate raises €2.1M pre-seed to put a reliability engineer inside every factory Read More »
Einride, the Swedish electric and autonomous trucking startup, began trading on the Nasdaq on Wednesday through a merger with blank-check firm Legato Merger Corp III. The deal values the company at approximately $1.35 billion pre-money, down from the $1.8 billion announced in November and well below the roughly $5 billion discussed in earlier IPO talks with banks, […]
This story continues at The Next Web
Standard Bots has raised $200 million at a $1 billion valuation to expand US manufacturing of AI-powered robotic arms. The round was led by General Catalyst and RoboStrategy, a robotics-focused fund, and follows a $63 million raise nearly two years ago at an undisclosed valuation. The New York-based company makes robotic arms for industrial automation, handling tasks […]
This story continues at The Next Web
Addverb Technologies, the Indian robotics startup controlled by Mukesh Ambani’s Reliance Industries, is seeking to raise more than $100 million to fund development of humanoid and quadruped robots and build the AI systems to train them. CEO Sangeet Kumar told Bloomberg the raise is the company’s first major fundraising effort since Reliance’s $132 million investment […]
This story continues at The Next Web
Lovable, the Swedish vibe-coding platform that lets users build apps through natural language, has published its first data report on what it calls the “build economy.” The report draws on product usage data from January 2025 to May 2026, alongside a May 2026 user survey, and describes a shift in who builds software, what they […]
This story continues at The Next Web
For decades, the networks inside data centres have run on electrical switches. They are power-hungry, generate enormous heat, and are increasingly the bottleneck that limits how fast AI systems can process and exchange data. Oriole Networks, a UK startup, says it has a fix: replace every electrical switch in the core network with nanosecond-scale optical […]
This story continues at The Next Web
The seed round, led by Realyze Ventures and Pi Labs, will fund expansion into Germany and Spain as volatile power markets push large industrial firms past their spreadsheets. Electricity used to move with the seasons. Now it moves by the minute, and the spreadsheets that large industrial firms still rely on to manage it cannot […]
This story continues at The Next Web
Ghent’s Companion.energy raises €7.8M to automate enterprise energy in real time Read More »
London-based PhysicsX has raised $300 million in a Series C round led by Singaporean sovereign wealth fund Temasek, more than doubling its valuation to $2.4 billion, less than a year after its Series B priced the company at just under $1 billion. The round was oversubscribed. Alongside Temasek, which first invested in PhysicsX during its […]
This story continues at The Next Web
Between commercial aircraft at 10km and conventional satellites at 500km lies a band of near-Earth space that has never been used commercially. Very low Earth orbit, or VLEO, sits at 200 to 300km, an altitude historically reserved for spy satellites and the International Space Station. Reading-based NewOrbit announced on Monday an oversubscribed $18.5 million Series A to […]
This story continues at The Next Web
A UK startup just raised $18.5 million to fly satellites where nobody else can Read More »