MENLO TIMES

Pixel Photonics , a pioneer in superconducting single-photon detectors, led by Nicolai Walter, Dr. Wladick Hartmann, and the team, has announced  total funding of €13.5 million. The amount consists of a first closing of a €5 million seed round and €8.5 million from the European Innovation Council (EIC) Accelerator , including €2.5 million in grants and €6 million in equity investment. The seed round is led by Futury Capital . Additional investors include the Federal Agency fo

Portal Space Systems , developing advanced spacecraft that redefine what’s possible in space, led by Jeff Thornburg and the team, has raised  $50 million in Series A funding led by  Geodesic Capital  and Mach33 , with participation from Booz Allen Ventures , ARK Invest , AlleyCorp , and FUSE. The financing reflects a broader shift in the space ecosystem: while access to orbit has improved, on-orbit mobility remains constrained. As activity increases and missions grow more dyn

GitButler , a Git-backed change management tool for modern, AI coding workflows, led by Github co-founder Scott Chacon, has raised  a $17M Series A led by  a16z  with continuing support from its lead seed investors, Fly Ventures  and  A Capital . Over the past 15 years, Git has evolved from a niche tool into the core infrastructure of modern software development. That journey highlights a key insight: developer platforms succeed when they reduce friction in collaboration and

Gracia AI , creating Gaussian splatting-based volumetric videos for XR and beyond, led by Georgii Vysotskii , Andrey Volodin , and the team, has enabled “ Expedition ULUM: The Jurassic Awakening ”, a family mixed-reality experience at PortAventura World, to reach a new level of its immersive experience by implementing a photorealistic digital human character, with a volumetric personage addition built using Gracia  AI's 4D Gaussian Splatting (4DGS) technique, which reconstruc

Hermeus , building the world’s fastest aircraft, led by AJ Piplica and the team, has raised  a $350M Series C financing led by Khosla Ventures  and more than a dozen other investors. Aviation has increasingly prioritised risk avoidance, often at the cost of speed and iteration. In contrast, Hermeus focuses on accelerating learning through rapid development and testing. Within three years, multiple vehicles have been built across key locations, with two jets flown just nine mo

Manna Air Delivery , helping you get anything from the sky, led by Bobby Healy , Alan Hicks , and the team, has raised  $50 million in Series B funding from ARK Invest , ISIF , and Schooner Capital , alongside continued backing from Coca-Cola HBC , Molten Ventures , and Enterprise Ireland . Manna began in 2019, when drone delivery was widely seen as a gimmick. Instead of limited demos, consistent real-world deployments were rolled out across multiple locations, delivering eve

Saronic Technologies , redefining maritime superiority, Dino Mavrookas, Rob Lehman, Vibhav Altekar, Doug Lambert, and the team, has closed  $1.75 billion in Series D funding led by  Kleiner Perkins  and values the company at $9.25 billion. Saronic welcomes  Advent International , Bessemer Venture Partners ,  DFJ Growth ,  BAM Elevate , and other new partners and recognizes the continued commitment of its existing investors, including  8VC ,  Caffeinated Capital ,  Andreessen

Nomadic , a startup building the spatial intelligence layer for physical AI, led by Mustafa Bal and Varun Krishnan, has announced $8.4M in funding led by TQ Ventures , with participation from Pear VC , Jeff Dean, and angels & executives from OpenAI, Google DeepMind. Nomadic serves as a visual data engine for robotics and autonomous vehicle teams, enabling continuous monitoring of real-world systems while generating production-ready training data and edge-case libraries. The p

INCIRT , the Aachen-based deep-tech company, led by Oner Hanay, Erkan Bayram, Mohamed Saeed Elsayed, Theodore Varelas, and the team, has raised a €4.8 million funding round led by early-stage VC fund Lifeline Ventures , with participation from High Tech Gründerfonds . With this funding, INCIRT advances toward commercializing its novel chip architecture, strengthening Europe’s push for digital sovereignty. New Chip Architecture Overcomes Key Limitations INCIRT is developing n

Sycamore , the trusted agent operating system for the enterprise, led by Sri Viswanath, has announced  a $65 million seed round led by Coatue  and Lightspeed Venture Partners , with additional participation from Abstract Ventures , Dell Technologies Capital , 8VC , Fellows Fund , and E14 Fund . AI agents are emerging as the next major platform shift in enterprise computing. While models can reason and act, enterprise infrastructure for safe, scalable deployment remains limite

Rebellions ,  a global leader in AI inference infrastructure, led by Sunghyun Park and the team, has raised  $400 million in a pre-IPO funding round led by Mirae Asset Financial Group  and the Korea National Growth Fund, following the company’s $250 million Series C in September 2025, bringing total funding to $850 million and valuing the company at approximately $2.34 billion. With $650 million raised in the past six months, accounting for over 75% of its total funding, Rebe

Conntour , the only AI video intelligence platform designed to adapt to real-world complexities in real-time, led by military and intelligence veterans, including Matan Goldner , Tomer Kulla , and the team, launched with $7 million in seed funding from General Catalyst , Y Combinator , SV Angel , and Liquid 2 Ventures , among others.  Conntour enables security teams to query cameras using natural language, identifying objects, people, or situations without preset rules, for e

Dexory , uncovering intelligence through technology that empowers businesses to optimise, predict, and grow, led by Andrei Danescu, Adrian Negoita, Oana Jinga, and the team, has secured  £8.5 million from British Business Bank as a part of its recent Series C extension, which was led by Eurazeo  with participation from LTS Growth  and Endeavor Catalyst , alongside existing investors Atomico , DTCP , Latitude Ventures , Lakestar , Elaia , Wave-X , and others.  Dexory operates

PAVE Space , creating the systems that make the in-space economy possible, led by Julie Böhning  and Jérémy Marciacq , has raised  $40 million in seed funding to develop a new generation of spacecraft designed to move satellites rapidly between orbits, led by  Visionaries Club  and  Creandum , with participation from Lombard Odier Investment Managers , Atlantic Labs , Sistafund , b2venture , ACE Investment Partners, Ilavaska Vuillermoz Capital , and Pareto  & Motier Ventures

Entrix , an energy trader and market leader for trading flexible energy systems in Europe, led by Steffen Schülzchen  and the team, has reached  3 GW / 8.5 GWh of contracted battery storage capacity with final investment decisions across Europe, marking a defining milestone in the company’s evolution into the European leader in flexible energy trading and optimization at scale. A consortium of investors has committed an additional 43m€ capital, consisting of BNP Paribas via i

Airbase , the software startup building modern infrastructure for radio-frequency (RF) spectrum coordination, founded by Ari Rosner & Millen Anand, has emerged  from stealth with a $5M funding round led by Andreessen Horowitz  (a16z), joined by Squadra Ventures  and Founders You Should Know . Launching with an active U.S. government agency contract, Airbase is starting by automating federal spectrum management and coordination.  The RF spectrum underpins trillions in global G

Lucid Bots , building commercial drones for exterior cleaning, led by Andrew Ashur and the team, has raised  an oversubscribed $20 million Series B round co-led by Cubit Capital  and Idea Fund Partners , with participation from Taylor Rhodes, WaterStone Impact Fund , and Front Porch Ventures , in addition to existing investors. The raise brings total funding to $34 million and will support the scaling of commercial operations, expansion of domestic manufacturing capacity in C

BRINC , deploying drones and other technologies that benefit the community and help save lives, led by Blake Resnick and the team, has announced  its new Seattle factory, more than doubling its production footprint and positioning the company to scale manufacturing significantly. The expanded facility will expedite the delivery of BRINC’s existing public safety drone solutions, and also enable the production of new, innovative products like its Guardian drone. Amid rapid grow

Crusoe , the AI factory company, led by Chase Lochmiller, Cully Cavness, and the team, and Redwood Materials , securing U.S. critical materials, led by JB Straubel and the team, have announced  a significant expansion of their partnership to scale renewable-powered AI compute.  Following the June 2025 deployment of a Redwood Energy 12 MW / 63 MWh microgrid, the companies are expanding from 4 to 24 Crusoe Spark™ modular data centers, increasing total compute capacity by nearly

Mirage , empowering anyone, anywhere, to make quality videos, led by Gaurav Misra and Dwight Churchill, has raised  $75 million in growth financing from General Catalyst's  Customer Value Fund , bringing the total funding to more than $175 million. This milestone highlights the scale of Captions’ reach, with over 20 million global users, including small businesses, creators, and enterprise teams, leveraging the platform to grow their presence. To date, users have created more