MENLO TIMES

AlphaLum , building the world's most efficient AR displays & optical sensors, led by Markus Rossi, Eric Tremblay, Tim De Reyck, Tanja Koch, Carlos Macias, and Volker Zagolla, has announced  the successful close of its CHF 3.4 million seed financing round led by Vsquared Ventures . The funding accelerates AlphaLum’s shift from advanced engineering to a core supplier for next-generation smart glasses and spatial-computing products, establishing it as a leading European provider

Cerebras , the world’s fastest AI inference and training platform, led by Andrew Feldman and others, has signed  a multi-year agreement with OpenAI  to deploy 750 megawatts of Cerebras wafer-scale systems to serve OpenAI customers. This deployment will roll out in multiple stages beginning in 2026, making it the largest high-speed AI inference deployment in the world. A decade of parallel ambition brought OpenAI and Cerebras together, two companies founded at the same time wi

Aegis Aerospace Inc. , a leader in space and defense technology led by Stephanie Murphy , and others, has announced  a groundbreaking partnership with United Semiconductors LLC to pioneer semiconductor manufacturing in space. This collaboration follows Aegis Aerospace’s recent grant from the Texas Space Commission to develop an in-space manufacturing platform for advanced materials in low Earth orbit (LEO). “We’re excited to partner with United Semiconductors,” said Stephanie

Lyte , an end-to-end integrated perception company for robotics and Physical AI, led by Alexander Shpunt, Dr. Arman Hajati, and Dr. Yuval Gerson, has emerged  from stealth with $107 million in aggregate funding from some of the industry's premier investors, including Avigdor Willenz's group, Fidelity Management & Research Company, Atreides Management , Exor Ventures , Key1 Capital , and Venture Tech Alliance . Based in Mountain View, California, Lyte was founded by Alexander

Quantum Diamonds ,  building next-gen testing tools based on quantum sensing to solve one of the semiconductor industry’s hardest problems, led by Dr. Fleming Bruckmaier and Kevin Berghoff, announced  a €152 million investment plan to establish the world’s first production facility for advanced chip testing systems. The Munich facility is a strategic asset for strengthening Europe’s semiconductor position and is expected to receive tens of millions of euros in public funding

Verkada , an American leader in cloud-based physical security, led by Filip Kaliszan, Hans Robertson, James Ren, and Benjamin Bercovitz, has secured  an investment from Alphabet's independent growth fund, CapitalG ,  valuing the company at $5.8 billion, a $1.3 billion increase from Series E earlier this year. More than 2 million devices from Verkada are now deployed across 171 countries, unifying video security, access control, sensors, intercoms, and alarms on a single platf

Ricursive Intelligence , the first frontier AI lab addressing the most fundamental constraint in AI progress: chip development timelines that can’t keep up with algorithmic advancement, led by Anna Goldie and Azalia Mirhoseini, announced  its launch and a $35 million seed funding round led by Sequoia Capital( Stephanie Zhan ), along with other investors, including Modern Capital( Suhail Nimji , Jennifer Campbell ), 49Palms( Madhavan Ramanujam , Joshua Bloom ), and Striker ( M

Synopsys , the leader in engineering solutions from silicon to systems, enabling customers to rapidly innovate AI-powered products, led by Sassine Ghazi, Shelagh Glaser, Ravi Subramanian, Shankar Krishnamoorthy, and others, announced  an expanded, strategic partnership to revolutionize design and engineering across industries. R&D teams across sectors, from semiconductors to aerospace, automotive, and industrial, face growing workflow complexity, rising development costs, and

NcodiN , the deep-tech startup pioneering optical interposer technology with integrated nanolasers, led by Francesco Manegatti, Bruno Garbin, Fabrice Raineri, Yacine Halioua, and Carlo Guareschi, has secured  €16 million in an oversubscribed Seed financing round led by MIG Capital , with participation from Maverick Silicon , PhotonVentures , and Verve Ventures , alongside continued support from existing backers Elaia , Earlybird , and OVNI . To strengthen its foundation, Ncod

PowerLattice , the company reimagining power delivery for next-generation AI accelerators, led by Dr. Peng Zou, Gang Ren, and Sujith Dermal, has announced its emergence from stealth with $25 million in Series A funding jointly led by Playground Global  and Celesta Capital . The company’s power-delivery chiplet tightly couples power and compute, cutting total power needs by over 50% and effectively doubling performance. PowerLattice has raised $31 million to date. AI accelerat

YQuantum , a Swiss startup developing innovative hardware components, unleashing the full potential of quantum computing, led by Dr. Christian Jünger, Dr. Johannes Herrmann, and Prof. Christian Schönenberger, has secured  €161,000 (CHF 150,000) from  Venture Kick . YQuantum develops compact, high-performance cryogenic hardware to enhance the scalability of quantum systems. Its technology supports high-fidelity superconducting and spin-qubit operations, enabling larger and mor

Crusoe , the AI infrastructure company led by Chase Lochmiller, Cully Cavness, Matthew DeNezza, Nitin Perumbeti, Chris Dolan, Tara Green, and others, has announced  the initial closing of its anticipated $1.375 billion Series E round, bringing the company's expected valuation to over $10 billion. The oversubscribed round was co-led by technology investors Valor Equity Partners  and Mubadala Capital , with participation from 137 Ventures , 1789 Capital , Activate Capital , Alt

Cerebras Systems , developer of the fastest AI infrastructure in the industry, led by Andrew Feldman, Jean-Philippe Fricker, Michael...

Rebellions , developer of next-gen AI inference chips, led by Sunghyun Park, Jinwook Oh, Hyo-Eun Kim, and Sungkyue Shin, has secured...

Groq , an AI Chip Developer led by Jonathan Ross, Sunny Madra, Ian Andrews, Chelsey Susin Kantor, Igor Arsovski, Allison Hopkins, and...

Sonair , a robotics company for humans, led by Knut Sandven, Shermine Gotfredsen, Gussi Bull, Dag Wang, PhD, Tor Odland, and others, has...

Dyna Robotics , a general-purpose robotics developer powering the future of the physical economy led by Lindon Gao, Jason Ma, and York...

EcoDataCenter , a data and digital infrastructure company, led by Peter Michelson , Mikael Svanfeldt , Johan Östlund , PJ Andersson ,...

Scintil Photonics , a fabless company developing and commercializing laser-integrated photonics for the AI data center, led by Matt...

SiMa.ai , developer of purpose-built hardware and software solutions for Physical AI, led by Krishna Rangasayee, Gopal Hegde, Harry...