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Latest deep tech news

CScale Raises $145M in Series C Funding

FinSMEsPhotonics and Optics

CScale, an optical interconnect technology developer for AI systems, raised $145M in Series C led by Atreides Management, Valor Equity Partners, and Premji Invest to expand operations and development efforts.

Basecamp Research Secures $140m in Series C Funding for AI-Designed Cell Therapies

Hospital ManagementBiotech, Life Sciences, Synthetic Biology

UK-based Basecamp Research raised $140m in Series C funding led by S32 to advance its EDEN biological foundation models and AI-designed in vivo cell therapies toward clinical development.

Hertha Metals Raises $133.65M in Series A Funding

FinSMEsAdvanced Manufacturing

Hertha Metals, a steel company using a novel continuous reactor process to produce iron with 50% lower emissions and 25% lower costs than conventional blast furnaces, closed a $133.65M Series A led by Khosla Ventures and Doerr Capital, including a $65M U.S. Government investment.

Efficient Computer Raises $97M in Series B Funding

FinSMEsSemiconductors and Computing

Efficient Computer, a Pittsburgh-based processor maker, raised $97M in Series B at a $650M valuation to scale production of its energy-efficient Electron E1 processor for datacenter and edge applications.

Maritime Intelligence Startup Quartermaster Raises Another $140M

TechCrunchMarine and Blue Tech

Quartermaster, which uses weather-hardened sensors to capture maritime data, closed a $140 million Series B led by Insight Partners and Overmatch Ventures, bringing its total funding to $183 million as demand for real-time ocean intelligence accelerates.

Solcoa Industries Raises $75M in Funding

FinSMEsAdvanced Materials and Nanotechnology

Solcoa Industries, a rare earth metals producer using halide-free chemistries and modular reactors, raised $75M ($45M equity led by Bain Capital Ventures and $30M debt/equipment financing from J.P. Morgan) to build its Nevada facility and expand operations.

Mesa Quantum Raises $11.8M in Funding

FinSMEsQuantum Computing

Mesa Quantum, a chip-scale quantum sensing platform provider, raised $11.8M led by Playground Global to expand operations and development efforts.

PicoJool Raises $27.5M in Series A Funding

FinSMEsPhotonics and Optics

PicoJool, an optical connectivity solutions provider for AI infrastructure, raised $27.5M in Series A funding led by Socratic Partners to scale manufacturing and bring its VCSEL and optical link products to market.

American Supercritical Raises $8M in Pre-Seed Funding

FinSMEsEnergy Storage

American Supercritical, a supercritical CO2 power block provider, raised $8M in pre-seed funding led by Silent Ventures to expand operations and commercialize waste heat recovery technology.

StandardX raises £10M in Seed funding

FinSMEsFusion

StandardX, an accelerator-based isotope refinery platform for cancer diagnostics and fusion applications, raised £10M in seed funding led by Vsquared Ventures and East X Ventures.

Nexstrom raises $12M in seed funding

FinSMEsSemiconductors and Computing

Nexstrom, a Singapore-based semiconductor materials platform company, raised $12M in seed funding led by Xora Innovation to accelerate commercialization of its wafer-scale 2D semiconductor material growth technology.

Space imaging startup HEO Space raises $37 million in Series B with backing from the National Reconstruction Fund

Capital BriefSpace Tech

Australian space imaging startup HEO Space closed a $37 million Series B round led by Beaten Zone Venture Partners, including a $10 million commitment from Australia's National Reconstruction Fund, to expand satellite monitoring capabilities into geostationary orbit.

Rainmaker Technology Raises $100M in Series B Funding

FinSMEsClimate Adaptation

Rainmaker Technology, a cloud seeding platform addressing water scarcity through weather modification, raised $100M in Series B funding led by NOA VC, Upfront Ventures, DCVC, Lowercarbon Capital, and Dream Ventures.

Morphotonics raises €40M to expand its display tech into data centers

TechCrunchPhotonics and Optics

Dutch nanoimprint lithography company Morphotonics raised €40 million to scale production of AR display technology and enter the data center optical components market, with backing from 3M Ventures, Innovation Industries, and European investors.

Fluxnium Raises $7M in Seed Funding

FinSMEsNext-gen Nuclear

Fluxnium, a Los Angeles-based uranium extraction startup, raised $7M in seed funding led by Congruent Ventures to develop its seawater uranium adsorption technology platform.

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