DeepTech funding

A British quantum startup has raised $100 million in funding. The round was led by the CEO of Roblox and the Singaporean state fund. This funding will likely accelerate the company's development in the quantum computing space.

Natron Energy is developing an anode-free, sodium-based battery technology. The company aims to provide a safer and more sustainable alternative to lithium-ion batteries, particularly for applications like data centers and grid storage. This funding round will support their efforts to scale production and commercialize their innovative battery solution.

Universal Quantum is a UK-based hardware developer specializing in modular trapped-ion quantum computers. Their unique approach uses patented micro-electric field links (UQConnect) to shuttle qubits between chiplets, operating at a milder cryogenic temperature than traditional systems. This Series A funding will accelerate scaling, support international expansion, and fund deployment against contracts with entities like the German Aerospace Center.

Wayren is an Estonian defence-tech startup founded in 2020 by former military software engineers. The company has raised €7.9 million from efa group and its subsidiary scytalys. Wayren previously passed through the NATO DIANA Estonian Accelerator, run by Tallinn science park Tehnopol.

Biren Technology is a Chinese GPU maker aiming to build alternatives to Nvidia chips. This funding round will primarily support supply chain procurement, production ramp-up, and commercialization of its next-generation GPU line, with additional funds for R&D and software ecosystem development. The company is one of China's "Four Little Dragons" in the GPU space.

Polaris Electro-Optics, a CU Boulder spinout, has raised $50 million in Series B funding to commercialize its FenGlass technology for AI data center infrastructure. Their proprietary material enhances electro-optic modulators, enabling faster data transmission with lower power consumption. The company plans to use the funds to expand its product portfolio, scale production, and hire engineers, targeting its first product launch in 2027.

Type One is a company aiming to build the first-ever commercial fusion power plant. This funding round will support their efforts in this ambitious endeavor.

Defence electronics maker Sanlayan is in talks to raise $35-40 million at a valuation of $150-200 million. The funds will likely be used for acquisitions and R&D. The company was incorporated in 2023 and previously raised $4.4 million in a seed round and $22.4 million in a Series A round.

QpiAI is a Bengaluru-based deeptech startup developing quantum computing and AI solutions for enterprises. They build proprietary quantum hardware and software for applications in drug discovery, manufacturing, finance, pharma, and materials science. The company has developed a 25-qubit quantum computer and aims to scale to 1,000 qubits by 2030.

Aventra is developing cheap, balloon-dropped glide bombs. The company has raised $17.5 million to further its development.

SQC is one of six startups sharing $12.3 million in quantum grants. The specific focus and business model of SQC are not detailed in the provided information.

Varda Space Industries is a startup aiming to manufacture medicines in space, leveraging microgravity to create drugs with better bioavailability and stability than Earth-produced molecules. The company has raised $251 million in a Series D round led by Lux Capital and Natural Capital, valuing the company at $1.6 billion. This funding will support their mission to capitalize on falling space launch costs for pharmaceutical production.

Volantis Inc. is developing photonic inference systems for AI accelerators, aiming to significantly increase memory bandwidth. Their technology uses an optical design with VCSELs to transmit data as light, offering over 30 times the memory bandwidth of current solutions. The company plans to ship its A-1 inference appliance next year, targeting real-time frontier inference applications.

Charter Space is an El Segundo, California-based startup that provides insurance for the space economy. They leverage technical, manufacturing, and test data from aerospace engineering to improve the underwriting process for space insurance. The company aims to make space safer and unlock new financing options by increasing insurance coverage for satellites and other space assets.

Varda is developing orbital manufacturing capabilities to produce pharmaceuticals in space. The company aims to leverage microgravity to create advanced drugs that are difficult or impossible to manufacture on Earth. This funding will support the scaling of their orbital manufacturing operations.

Varda Space is a startup focused on producing drugs in space. Their technology utilizes the absence of gravity to create more precise and stable molecular crystals for pharmaceuticals, leading to improved bioavailability and storage stability. The company has raised $250 million in a Series D round, with a focus on serving government and commercial pharmaceutical clients.

The Estonian-Ukrainian defensetech startup is focused on advancing onboard autonomy for unmanned systems. This funding will help enhance their technological capabilities in the defense sector.

Sanyark Space develops software-defined satellite constellations providing integrated precision navigation and resilient connectivity for autonomous systems. Their infrastructure utilizes inter-satellite links and on-board edge processing to support industrial automation and critical infrastructure. The company has raised $2M in pre-seed funding to advance its technology.

Spearhead Bio is an agtech company developing a new gene-editing tool called TAHITI, which allows for larger gene edits in plants than previously possible. The company spun out of the Donald Danforth Plant Science Center and aims to adapt its technology for agricultural companies. This $1.62 million seed funding will support scientific and business milestones over the next 1.5 to 2 years.

StandardX is a UK-based deep-tech startup developing the world's first scalable isotope refinery. They aim to address critical supply shortages of isotopes used in cancer care and fusion energy. The company's accelerator-based technology will manufacture a broad portfolio of rare isotopes at commercial scale, replacing fragmented and aging production facilities.

Nexstrom has raised US$12 million in seed funding to commercialize its 12-inch single-crystal 2D semiconductor platform. The company aims to scale its production towards foundry adoption, believing that advancements in AI chip performance may require moving beyond traditional silicon.

HEO develops and deploys cameras in space to inspect and monitor satellites for allied nations, with applications in both commercial and defense sectors. The company has secured a significant Series B funding round and a major contract to expand its surveillance network, particularly into Geostationary Earth Orbit (GEO).

EVAS Intelligence is a Beijing-based AI chip startup building its core product, the Epoch series, from the ground up on the RISC-V ISA and RISC-V Vector extension. The company's EVAMIND DSA is designed to accelerate AI workloads, departing from traditional GPU models. This funding round, one of the largest private semiconductor raises in China this year, tests the potential of RISC-V architecture to bypass US export controls.

DheyaTech is a Bengaluru-based deeptech startup developing small gas turbine engines and energy systems for aerospace and power generation applications. The company aims to scale production and establish a testing facility for its engines, targeting applications in advanced aerial mobility and energy systems. This funding will support their move towards production readiness and commercial deployment.

HyperSpectral is an Alexandria-based startup that is reportedly seeking to raise $60 million. The company is currently searching for permanent lab space to support its operations.

TUSK IC is an Antwerp-based fabless semiconductor company specializing in Ka-band satellite chips. They develop highly integrated mmWave ICs and antenna modules using standard CMOS technology, offering a lower-cost, lower-power alternative to traditional materials for satellite user terminals. This €15 million Series A funding will accelerate their transition from prototype chips to high-volume production.

CorePower Magnetics is a startup developing advanced magnetic materials and components for power electronics. Their technology aims to improve efficiency and reduce the size of power systems. This funding will likely support further product development and scaling of their operations.

Space Solar is a UK deep-tech company developing space-based solar power and wireless power beaming. They are developing RF power beaming technology for high altitude platforms, aiming to enable aircraft to operate reliably and cost-effectively in the stratosphere. This funding will advance their rectenna technology towards an integrated flight demonstration.

BlueShadow is a Danish defense tech startup developing maritime defense technologies, including the BlueDragon and BlueSentry systems. The BlueDragon system is designed to protect Ukrainian coastal cities and maritime transport routes from drone attacks, while BlueSentry aims to safeguard maritime infrastructure from hybrid threats. The company operates between Copenhagen and Kyiv and plans to scale its solutions internationally.

AcouBatt is a company focused on improving battery manufacturing quality and safety. They have secured pre-seed funding to advance their technology in this critical area.

Open Cosmos is a company focused on providing satellite infrastructure solutions. They cater to businesses and organizations looking to leverage satellite technology for various applications. The recent funding round will help them expand their capabilities and offerings in the satellite sector.

Freya Industries is a Swedish company developing intelligent, affordable sensors for security and defense. The company aims to provide proactive understanding of security situations through its innovative technology, making it accessible for various applications. The recent funding will support customer orders and the expansion of their team as they roll out their solutions across Europe.

Tessolve Semiconductor is a leading company in the semiconductor sector, specializing in providing engineering services and solutions. It caters to a wide range of clients in the electronics industry, making it a notable player in the rapidly growing semiconductor market.

Guangyu Xinchen is a Chinese semiconductor startup developing edge large-model AI chips and an integrated 3D storage-computing architecture. Their aim is to enable large models to run directly on terminal devices, addressing latency, privacy, and cost issues associated with cloud-based models. This Series A round, the largest disclosed financing in China's primary market for the week, signals strong investor confidence in edge AI silicon.

Phoenix Metals is a Dutch deeptech company developing a low-temperature hydrometallurgical process to recover critical metals like vanadium from industrial waste such as steel slag. They aim to extract value from entire waste streams, producing battery-grade electrolyte. This funding will support the construction of a pilot plant to demonstrate their technology at an industrial scale.

QNu Labs is a cybersecurity company focused on quantum-safe solutions. They have raised ₹200 Crore in a Series A1 round to scale their operations and expand their quantum-safe cybersecurity offerings.

Covenant is a secretive defense startup that has emerged from stealth with significant funding. The company is developing Anthem, a long-range, heavy-payload weapon system designed for cost-effective mass production. They aim to produce thousands of these systems annually, with serial production expected to begin in 2027.

Atomicsemi is a semiconductor startup that designs and builds compact chip factories, automating the process with software. They aim to mass-produce these "fab fabs" to lower the cost and time required for advanced foundry work, addressing the US push to bring chip supply chains home.

Stoke Space is developing fully and rapidly reusable launch vehicles to provide reliable, on-demand transportation to, through, and from space. The company aims to dramatically lower the cost of space access through rapid turnaround and high-frequency operations. This Series E funding will accelerate the development of its Nova launch vehicle, prepare for its first orbital launch, and expand production capacity.

Stoke Space is developing reusable launch vehicles to reduce the cost and increase the availability of space access. The company is targeting early 2027 for the orbital launch of its Nova Pathfinder rocket, which aims to prove core architecture and full reuse technologies. This Series E funding will support the first launch of the Nova rocket and continued development of a follow-on launch vehicle with larger capacity.

Oxhy, a Naples-based deep-tech company, has successfully raised $2 million in seed funding. This amount significantly exceeded their crowdfunding target, achieving 8 times the goal.

Juliang Guangqi is a Shanghai-based quantum computing startup developing superconducting quantum computing technology, including chips, control equipment, software, and complete systems. The company has completed development of its first and second-generation chips and is working on a third generation, with a chip containing over 100 quantum bits already packaged. They have generated revenue from quantum chip sales and related business, and are seeking to connect chip development with manufacturing and customer applications.

Skyroot Aerospace is an Indian space technology startup focused on developing launch vehicles for small satellites. Backed by Google, the company aims to provide cost-effective and rapid launch solutions. This funding round will support the development and testing of their Vikram series rockets.

Proxima Fusion is a Munich-based startup developing a novel 'stellarator' fusion reactor design, a complex 'donut with a twist' configuration that was previously deemed too difficult to build. They have secured a significant funding round, including investment from Google and RWE, to advance their technology towards commercial fusion power.

Castelion is a defense startup focused on mass-producing hypersonic missiles. The company aims to reduce development time and cost for these advanced weapons. This $1 billion Series C funding will be used to ramp up production of their Blackbeard missile and develop new defense systems.

iPronics is a Valencia-based company specializing in silicon photonics-based optical circuit switching for AI infrastructure. The company aims to accelerate the commercialization of optical networking solutions, enabling data centers to fully utilize their GPUs without compromising performance.

Newspace Research and Technologies is a defence-tech startup that builds unmanned drones. The company is currently seeking to raise $35-40 million in a Series C funding round, focusing on a mix of equity and debt, amidst challenges related to revenue growth and delayed government contract payments.

Makr Microsystems is a startup focused on semiconductor metrology, providing advanced measurement solutions for the semiconductor industry. The company aims to enhance the precision and efficiency of semiconductor manufacturing processes, which is critical in today's technology-driven market.

HyImpulse is a German rocket manufacturer developing suborbital and orbital launch vehicles. The company aims to address Europe's need for reliable, short-notice access to space with its SR75 and SL1 rockets. This funding will accelerate commercialization and establish HyImpulse in the European market for dedicated launches.

A Malaysian startup has raised US$2 million to address the heat bottleneck in AI chip technology. This funding aims to enhance the performance and efficiency of AI chips, which are critical for various applications in the tech industry.