Amprius and Matternet partner to bring silicon anode batteries to drone delivery
Amprius and Matternet partner to bring silicon anode batteries to drone delivery

  Amprius Technologies, the Fremont-based maker of high-energy-density silicon anode batteries, has announced a partnership with Matternet, one of the few drone delivery companies to hold both FAA Type Certification and Production Certification. The co…

Unframe takes $50M more from Highland Europe on $100M TCV in 12 months
Unframe takes $50M more from Highland Europe on $100M TCV in 12 months

The Shay Levi-led enterprise AI delivery platform has doubled its total funding to $100m and is posting numbers, including 400% net revenue retention, that put it in the top decile of any enterprise-software vintage. Unframe, the Cupertino-based manage…

Feldwerke pulls a €12M revolving credit facility behind a 100 MW agri-PV roll-out
Feldwerke pulls a €12M revolving credit facility behind a 100 MW agri-PV roll-out

The Munich-based developer behind Germany’s largest agri-PV facility plans to build 100 MW across the next 18 months. The new debt line is the working-capital plumbing that turns a 250 MW pipeline into deliverable projects. Munich-based agri-PV develop…

Hypershell takes $50M more on $120M Series B series as consumer exoskeletons step out of niche
Hypershell takes $50M more on $120M Series B series as consumer exoskeletons step out of niche

Ant Group and Meituan Dragonball co-led the $50m Series B+; Sofina and Granite Asia joined. Total Series B funding now stands at $120m at a near-$400m post-money valuation, ahead of Wednesday’s global X-Series launch. Hypershell, the Shanghai-based con…

Italy’s Lexroom hits $73M total raised on $50M Series B for civil-law legal AI
Italy’s Lexroom hits $73M total raised on $50M Series B for civil-law legal AI

Left Lane Capital led the Milan-based startup’s Series B, eight months after its $19m Series A. Lexroom is selling 8,000+ law firms a verified-source legal AI built around six million documents. Milan-based Lexroom, the legal AI startup focused on civi…

Blackstone takes the majority position in Google’s new TPU cloud
Blackstone takes the majority position in Google’s new TPU cloud

The two have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s TPUs, with $5bn of Blackstone equity, $25bn total deal value including leverage, and 500 MW of capacity targeted for 2027. Blackstone and Google have f…

Intel and Qualcomm circle Tenstorrent as the NVIDIA-alternative trade comes due
Intel and Qualcomm circle Tenstorrent as the NVIDIA-alternative trade comes due

Bloomberg reports early-stage takeover conversations with the Jim Keller-led AI chip startup, which raised $800m at a $3.2bn valuation last year and counts Bezos Expeditions and Samsung among its backers. Tenstorrent, the Jim Keller-led AI chip startup…

Analog Devices near $1.5bn cash deal for Empower Semiconductor’s AI power chips
Analog Devices near $1.5bn cash deal for Empower Semiconductor’s AI power chips

The Milpitas-based vertical-power-delivery firm puts more than 3,000 amps of current directly under the GPU. The deal could be announced as soon as Tuesday. Analog Devices is in advanced talks to acquire Empower Semiconductor, the closely held Californ…

Mistral buys Vienna’s Emmi AI to put physics into its industrial pitch
Mistral buys Vienna’s Emmi AI to put physics into its industrial pitch

The Paris-based open-weights lab is acquiring an Austrian startup whose models handle airflow, heat transfer, and material stress, targeting aerospace, automotive, and semiconductor customers. Terms were not disclosed. Mistral AI, Europe’s most promine…

Sigma Computing doubles valuation to $3 billion in Series E as agentic analytics race heats up
Sigma Computing doubles valuation to $3 billion in Series E as agentic analytics race heats up

  Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year and positioning the San Francisco-based company as one of the most aggressively valued players in the business intelligence market. The…