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OTee Raises €5.3M as Software-Defined Control Enables Industrial AI
OTee, redefining industrial automation with a Virtual PLC platform that makes control systems software-defined, open, and ready for the industrial AI era, led by Henrik Pedersen, Radek Janik, and the team, has raised a €5.3 million seed round led by North Ventures, with participation from Atlas SGR and existing investors RunwayFBU, Superangel, and Antler. The funding will accelerate product development and international expansion as OTee scales its platform. Industrial contro
Karan Bhatia
Apr 282 min read


AlixLabs Closes 15 Million EUR Series A with Strategic Investment from Stephen Industries
AlixLabs , the world's only pure-play ALE company, led by Jonas Sundqvist, has announced that it closed its 15 million euro Series A in the first quarter of 2026 following a strategic investment from Stephen Industries , a Finnish investment company with a strong track record in scaling advanced technology ventures. In November 2025, AlixLabs announced a €14.1 million Series A led by Global Brain and institutional investors, with the remaining portion of the €15 million roun
Karan Bhatia
Apr 172 min read


Peak Quantum Reaches €5 Million in Total Funding for Quantum Chips
Peak Quantum , a Munich-based startup engineering the future of computing, led by Leon Koch & the team, has raised €2.2 million in a pre-seed financing round led by Cloudberry Ventures (UK)with participation from United Founders , QAI Ventures , Golden Egg Check , as well as several business angels with industry experience. The company’s total funding now exceeds €5 million, including public support such as funding from the EU Chips Act. The capital will be allocated toward
Karan Bhatia
Apr 162 min read


SiFive Raises $400 Million to Accelerate High-Performance RISC-V Data Center Solutions, Valuing the Company at $3.65 Billion
SiFive , the gold standard for RISC-V processor IP, led by Patrick Little, Krste Asanovic, Yunsup Lee, Andrew Waterman, and the team, has raised $400 million in an oversubscribed Series G financing led by Atreides Management with other A-list investors, including Apollo Global Management , NVIDIA , Point72 Turion, and T. Rowe Price Investment Management, Inc. , alongside repeat investors Prosperity7 Ventures , and Sutter Hill Ventures . For Patrick Little, rising demand fr
Karan Bhatia
Apr 122 min read


Pixel Photonics Secures €13.5 Million in Funding
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
Karan Bhatia
Apr 102 min read


Cognichip Brings AI-Driven Design to Semiconductors
Cognichip , builders of ACI® Artificial Chip Intelligence, led by Faraj Aalaei, Ehsan Kamalinejad, Simon Sabato, and the team, has raised $60 million in new funding led by Seligman Ventures , with notable participation from Intel CEO Lip-Bu Tan, who will be joining Cognichip’s board. Umesh Padval, a managing partner at Seligman, will also join the board. Cognichip is developing a deep learning model to assist engineers in designing next-generation chips, tackling a long-stan
Karan Bhatia
Apr 22 min read


INCIRT Closes €4.8 Million Financing Round
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
Karan Bhatia
Mar 312 min read


Starcloud Raises $170 Million Series A to Build Data Centers in Space
Starcloud , building data centers in space, led by Philip Johnston, Ezra Feilden, and Adi Oltean, has raised $170 million in Series A led by Benchmark and EQT Ventures , valuing the company at $1.1 billion. Starcloud has raised $200 million to date and launched its first satellite equipped with an Nvidia H100 GPU in November 2025. Later this year, Starcloud 2 will deploy a more powerful satellite featuring multiple GPUs, including an Nvidia Blackwell chip, an AWS server b
Karan Bhatia
Mar 313 min read


Rebellions Closes $400 Million Pre-IPO and Launches RebelRack™ and RebelPOD™ to Accelerate Global Expansion
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
Karan Bhatia
Mar 313 min read


Infinity Avionics Unveils Aquila: The Next-Generation Space Imaging Solution for Complex Orbital Operations
Inifinity Avionics , an Australian hardware company providing spaceflight-proven and qualified camera and processor systems for space missions worldwide, led by Igor Dimitrijevic and the team, has announced the full commercial availability of Aquila. Following a debut at IAC Sydney, the high-performance Aquila imaging system is now flight-ready, providing critical ‘eyes’ for the $14B Space Situational Awareness, In-Space Servicing, Assembly, and Manufacturing (ISAM) and Ren
Karan Bhatia
Mar 262 min read


EPIC Microsystems Emerges from Stealth with $21 Million from Intel Capital to Power AI Data Centres
EPIC Microsystems , a semiconductor company developing breakthrough power delivery solutions for AI infrastructure, led by Sabin Eftimie and Wonyoung Kim , has raised an oversubscribed $21 million in Series A funding to accelerate the development and commercialization of its vertical power delivery technology for next-generation AI compute platforms, led by Seligman Ventures , with participation from Intel Capital , AICONIC Ventures , Cambium Capital , and existing seed inv
Karan Bhatia
Mar 262 min read


Frore Systems Becomes a $1.64B Unicorn as the “Thermal Stack” Emerges as Foundational Infrastructure for the AI Era
Frore Systems , bringing a revolution in cooling technology for high-performance applications, led by Dr. Seshu Madhavapeddy, Dr. Surya P. Ganti, and the team, has announced the close of a $143 million Series D financing round, bringing total capital raised to $340 million and valuing the company at $1.64 billion. The Series D round was led by MVP Ventures and included participation from investors Fidelity Management & Research Company , Top Tier, Mayfield Fund , Clear Vent
Karan Bhatia
Mar 172 min read


MatX Announces LLM Chip MatX One and Series B
MatX , building high-throughput chips for LLMs, led by Reiner Pope, Mike Gunter, Avinash Mani, and the team, has announced MatX One and a $500M Series B led by Jane Street and Situational Awareness LP . Participants include Spark Capital , Daniel Gross and Nat Friedman ’s fund, Patrick and John Collison , Triatomic Capital , Harpoon Ventures , Andrej Karpathy , Dwarkesh Patel , and others, including investors across the supply chain, including Alchip and Marvell
Karan Bhatia
Feb 251 min read


Mesh Optical Technologies is Developing New Optical Manufacturing Techniques that Make the Next Generation of Optical Systems Possible
Mesh Optical Technologies , developing the most efficient and reliable optical interconnect ever for hyperscale computing, led by Travis Brashears, Cameron Ramos, and Serena Grown-Haeberli, has raised over $50 million led by Thrive Capital and other major investors. Optical photons represent the most efficient medium for data transfer in physics, and a truly next-generation computing and communications infrastructure depends on scaling optical system manufacturing. Today, m
Karan Bhatia
Feb 182 min read


Ouster & Stereolabs Join Forces to Create a World-Leading Sensing & Perception Company
Ouster , an automation company moving the world forward safely and efficiently, led by Angus Pacala, has announced that on February 4, 2026, it closed the acquisition of StereoLabs SAS (“StereoLabs”), a pioneer in AI vision and perception solutions, led by Cecile Schmollgruber, Olivier Braun, and Edwin Azzam. With this acquisition, Ouster now provides a unified sensing and perception platform for Physical AI, integrating high-performance digital lidar, cameras, AI compute,
Karan Bhatia
Feb 102 min read


How Chiral is Unlocking Post-Silicon Computing Beyond Moore’s Law
Chiral , building next-generation chips with nanomaterials, led by Seoho Jung, Natanael Lanz, André Butzerin, and others, has raised a $12 million seed financing round led by Crane Venture Partners , with participation from Quantonation , HCVC , and Founderful , as well as public funding from Innosuisse. The funding supports Chiral’s mission to enable wafer-scale manufacturing of post-silicon computing chips built on nanomaterials, advancing the next generation of proce
Karan Bhatia
Feb 72 min read


Ricursive Intelligence Bags $300 Million in Funding, Hits $4 Billion in Valuation Just 2 Months After Launch
Ricursive Intelligence , a frontier AI Lab focused on building self-improving systems, starting with chip design, led by Anna Goldie, Azalia Mirhoseini, and others, has secured $300 million in funding led by Lightspeed with participation from DST Global , Nvidia’s venture capital arm NVentures , Felicis Ventures , 49 Palms Ventures, and Radical AI. Ricursive aims to accelerate AI chip innovation by using AI systems to design silicon substrates and iteratively improve hardwar
Karan Bhatia
Jan 271 min read


Neurophos Secures $110 Million Series A to Launch Exaflop-Scale Photonic AI Chips
Neurophos , a leader in photonic AI chip technology, led by Patrick Bowen , Hod Finkelstein , Preston Woo , Andrew Traverso , and others, has secured $110 million in an oversubscribed Series A round, bringing total funding to $118 million led by Gates Frontier, with participation from M12 (Microsoft’s Venture Fund), Carbon Direct Capital , Aramco Ventures , Bosch Ventures , Tectonic Ventures , Space Capital , and others. Modern AI inference requires massive power and comput
Karan Bhatia
Jan 232 min read


Quadric, Inference Engine for On-Device AI Chips, Raises $30M Series C as Design Wins Accelerate Across Edge LLMs, Automotive, and Enterprise
Quadric , the inference engine that powers on-device AI chips, led by Veer Kheterpal , Daniel Firu , Nigel Drego , Steve Roddy , and others, announced an oversubscribed $30 million Series C funding round, bringing total capital raised to $72 million, led by ACCELERATE Fund, managed by BEENEXT Capital Management. Uncork Capital returned with one of the largest insider commitments through its opportunity fund, joined by insider Pear VC . New investors include Volta, Gentree,
Karan Bhatia
Jan 232 min read


Optalysys Secures £23 Million to Advance Photonic Computing and US Expansion
Optalysys , enabling a world of secure computing, led by Nick New, Robert Todd, Stuart Mellis, Marcella Arthur, Laura Stanley, and others, has secured £23 million in a Series A extension round led by Northern Gritstone with participation from imec.xpand , Lingotto Horizon , and the UK government’s National Security Strategic Investment Fund ( NSSIF ). The funding will accelerate the commercialisation of Optalysys’ photonic chips and support expansion into the US market. As
Karan Bhatia
Jan 221 min read
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