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Seraphim Space, the global leader in SpaceTech investment, led by General Partners Mark Boggett, James Bruegger, and Rob Desborough, launched the Seraphim Academy, a selective programme that will invest $150,000 in early-stage companies through two funding stages and provide up to 12 months of tailored support to help founders raise capital, secure customers, and scale internationally. Building on the Success of Xona. The Academy draws on Seraphim’s track record of backing co

Formation Bio, a tech-driven, AI-native pharma company changing the way drug development is done, led by Ben Liu, Linhao Zhang, and the team, has announced the $600M Formation Bio Drug Development Accelerator Fund (the “Fund”), the latest step towards the ambition to build an enduring, AI-native pharmaceutical company. The Fund pairs dedicated capital with its drug development capabilities, team, and AI platform, allowing the company to acquire and advance more promising drug

Rendezvous Robotics, the company building spacecraft that assemble themselves in orbit, led by Joe Landon, Dr. Ariel Ekblaw, Gerry Hudak, Phil C. Frank, and the team, has raised $20 million in an oversubscribed seed round. MaC Venture Capital and Toyota Ventures led the financing, which comes as the company prepares for a first-of-its-kind mission in 2028, when seven independent spacecraft tiles will autonomously join to form a single spacecraft, separate, and assemble again

Proxima Fusion, Europe’s leading stellarator fusion company, and Kyoto Fusioneering, a leading fusion technology provider headquartered in Japan, have today signed a Memorandum of Understanding (MoU) to expand their cooperation on critical technologies needed to build and operate commercial fusion power plants, strengthening the industrial supply chain behind Germany’s ambition to become a global leader in fusion energy. Under the MoU, both companies will expand collaboratio

Cowboy Space, building a power grid in outer space for artificial intelligence, led by Baiju Bhatt, has revealed the Big Iron Data Center Rocket. Cowboy Space has unveiled Big Iron, a launch vehicle whose upper stage is designed to remain in orbit and operate as a megawatt-class data center. The announcement was made on Monday evening. “What we want to do is put a lot of available power in orbit, in our case to power chips, to power AI data centers,” Cowboy Space COO and Chi

Arctic RAVN, manufacturing drone electronics that outperform the alternative and eliminate single-source dependency in your supply chain, led by Matti Vansén and the team, has received €2.5 million in investment commitments in five days. Arctic RAVN has invested more than €1 million in scaling production of its electronic speed controllers (ESCs), targeting tens of thousands of units by the end of 2026, with a significant share already reserved by customers. The company’s ne

Sonexos, pioneering plasma-based noise control, transforming how the world eliminates unwanted low-frequency sound in real environments, led by Mark Donaldson and the team, has announced CHF 5 million (approximately EUR 5.4 million / USD 6.1 million) in new equity financing. The Pre-Series A round was led by Valquest Partners, with participation from Robert Bosch Venture Capital GmbH (Bosch Ventures) and industry angels and private investors. Fadi Noureddine, Founder and Mana

Helsing, designing new types of AI-defined autonomous systems across all domains, led by Torsten Reil, Dr. Gundbert Scherf, and the team, unveiled Contra, an AI-controlled autonomous air defence system designed to protect countries from scaled drone and missile attacks. The company also introduced two advanced interceptor missiles, AD-1 Inferno and AD-2 Ambush, designed to outmatch and outrun even the fastest jet-powered drone and cruise missile threats. Helsing Develops Cont

MP Space, building the hardware driving the space industrial era, led by Jay Manley and Sam Paterson, has secured a $23 million (US$16 million) Seed round led by Blackbird, with Seraphim Space, Systemiq Capital, Speedinvest and MFV Partners. The funding round, one of the largest seed raises for an Australian deep-tech company, will help MP Space expand local manufacturing, broaden its power-system platforms, and grow its Australian engineering team. The investment aligns wit

Boom Supersonic, America’s most vertically integrated aviation and energy company, led by Blake Scholl and the team, has unveiled its first complete supersonic turbine core, unveiled a 2GW turbine superfactory, and announced it is developing the world’s most advanced all-digital foundry, capable of casting the world’s most advanced single-crystal turbine blades and vanes. The Superfactory will create up to 500 high-paying jobs. The Superfactory is operational now and already

Skyfly, a company that designs, builds, and sells electric vertical take-off and landing aircraft (eVTOL), led by Michael Thompson and the team, has closed a $10 million seed round led by specialist growth equity investor HICO Investment Group, with participation from Archangel, Europe’s only dedicated next-generation defence technology fund. The investment will help Skyfly transition its two-seat Axe electric vertical take-off and landing (eVTOL) aircraft from prototype to

Photon Bridge, redefining photonics integration, led by Paul Marchal and Rui Santos, has raised €10 million to tackle an emerging bottleneck in AI infrastructure: producing the millions of lasers that will be needed to connect increasingly large clusters of AI processors. The round was co-led by new investors, the Amadeus APEX Technology Fund and 360 Capital, with existing investors Innovation Industries, Faber, and Brabant Development Agency (BOM) also increasing their inves

IVEX, a deep-tech company whose safety-testing technology is used in official vehicle assessments, led by Mario Torres and the team, is bringing its NCAP Evaluator software to NVIDIA Halos SAFE (Safety Assurance Framework for Evaluation), expanding the safety evaluation capabilities available within NVIDIA's autonomous-driving ecosystem. The software helps developers evaluate and score simulated and real driving tests against NCAP protocols, enabling them to compare safety pe

Neura Robotics, expanding the skill set of robots with cognitive capabilities so that they can work with humans in existing environments without having to invest in complex and costly safety systems, led by David Reger and the team, has introduced Neuron AI, its multimodal foundation model for Physical AI. Neuron AI combines 3D vision, touch, audio, robot state, language, and memory to help robots perceive and act beyond visual information alone. Its Perception-Language-Actio

Merlin, a leading U.S.-based developer of cost-effective, takeoff-to-touchdown autonomy for both legacy and next-generation airborne systems, led by Matthew George and the team, has added an Aero L-39C Albatros to its test fleet, the company’s first jet. Merlin has added its first jet, the Aero L-39C Albatros, to its test fleet. The aircraft will serve as a dedicated testbed to advance Merlin Pilot’s aircraft-agnostic autonomy capabilities for tactical aircraft and dynamic m

OMass Therapeutics, a biotechnology company developing small molecule therapeutics against highly validated target ecosystems, led by Rosamond Deegan and the team, has announced an oversubscribed $310 million (£230 million) Series C financing round. Proceeds from the financing will support the advancement of the Company’s lead program, OMS1620, a potential best-in-class MC2 (melanocortin-2) receptor antagonist, through Phase 2 clinical development in congenital adrenal hyperp

Rabot Energy, a market leader in dynamic electricity tariffs, led by Jan Rabe and the team, has raised a €50 million Series B funding round. The new lead investor is Endeit, a growth capital investor specializing in European tech scale-ups, together with the DeepTech & Climate Fund (DTCF). Existing investors included HV Capital, High-Tech Gründerfonds (HTGF), Bosch Ventures, CNI, Acurio Ventures, and vent.io. The funding will support the company’s next growth phase, targeting

Salience Labs, a leader in photonic chips targeting connectivity for AI data center infrastructure, led by Vaysh Kewada and Johannes Feldmann, has announced the successful completion of an oversubscribed $125 million Series B funding round. The round is led by Bullhound Capital, with Principal Callum Stewart joining the Salience Labs Board of Directors. Additional investor participation came from AMD Ventures, Intel Capital, SBI Group, Hudson River Trading and British Busines

Qilimanjaro, building analog, full-stack quantum computers, led by Marta P Estarellas, Victor Canivell, and the team, has completed a €19.6 million first close of its Series A funding round, led by Indra Group, through IndraMind, with an investment of €10 million. The Spanish Society for Technological Transformation (SETT), under the Ministry for Digital Transformation and Public Administration, has also renewed its commitment to the company with a new investment of €9.6 mill

PRIMA, a wireless brain-computer interface implant, is now commercially available in Europe for patients with vision loss caused by geographic atrophy. In a New England Journal of Medicine study, 84% of 32 patients assessed at 12 months reported being able to read letters, numbers, and words. The technology is now being trialled for Stargardt disease and retinitis pigmentosa. In the PRIMAlia trial at Sydney Eye Hospital, the first Stargardt patient received the implant in May