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Lockheed Martin Ventures fund eyes UK, European investments ⋆ Electronics Weekly
1+ day, 1+ hour ago (313+ words) Lockheed Martin is expanding its venture capital fund – Lockheed Martin Ventures – for investing in promising defence technologies in British and European markets. The aerospace and defence company’s $1 billion startup investment arm is also opening a London office, to manage the…...
What Is The Golden Pitch? ⋆ Electronics Weekly
5+ day, 23+ hour ago (237+ words) For someone who sees AI as training software programmes on more data than before, the investment in it is mystifying to me. Like everyone, I’m enjoying the superior search capabilities of AI and understand how it can precis documents and…...
Cambridge startup using AI for materials research raises $450m ⋆ Electronics Weekly
1+ week, 13+ hour ago (334+ words) CuspAI, a two-year-old Cambridge startup using AI to discover new materials, has completed a $450 million Series B funding round at a $2.6 billion valuation.. Investors included Kleiner Perkins, NEA. Bezos Expeditions and AMD’s venture unit.. CuspAI launched the AI Materials Foundry,…...
Emesent raises $17m for autonomous mapping | Electronics Weekly
2+ week, 5+ day ago (220+ words) Emesent of Queensland, Australia – an autonomous mapping and robotics company – has raised $17 million in new funding to accelerate development of its Cortex AI autonomy platform, expand its... The post Emesent raises $17m for autonomous mapping appeared first on Electronics Weekly. Emesent…...
ICEYE Germany forms in Berlin | Electronics Weekly
2+ week, 5+ day ago (368+ words) ICEYE, the specialist in satellite-based SAR imagery (Synthetic Aperture Radar), is formally establishing a German entity with ICEYE Germany, working in both Berlin and Munich. Its German subsidiary will manufacture satellite components, develop software, and establish an AI centre, says…...
UK is Europe’s startup champion
3+ week, 5+ day ago (340+ words) The UK has 80 unicorns – the third highest in the world after the USA and China – according to the Hurun Research Institute of Shanghai. The UK’s 80 unicorns are worth a combined £242.4 billion. 23 of the 80 UK unicorns were created over the past…...
Dawn Aerospace raises $25m Series B | Electronics Weekly
3+ week, 6+ day ago (340+ words) Dawn Aerospace, the satellite propulsion specialist, has closed its Series B funding round, raising $25 million. The investment round was led by US-based Balerion Space Ventures. “Dawn is doing what few in this category have: building real commercial revenue and a…...
ElevationSpace raises $40m Series B for satellite re-entry
1+ mon, 3+ day ago (248+ words) ElevationSpace has raised $40 million in a Series B funding round to develop its satellite re-entry system. A Japanese company specialising in space-to-Earth transportation, it will be developing two series of satellites. The “ELS-R” is a space recovery platform. And “ELS-RS…...
AlpSemi raises €17m | Electronics Weekly
1+ mon, 4+ day ago (276+ words) AlpSemi has completed a €17 million funding round led by Yotta Capital (France) with participation from SE Ventures (Global), Navitas Semiconductor (USA) and Cycle Group (Luxembourg). This financing supports the... The post AlpSemi raises €17m appeared first on Electronics Weekly. AlpSemi has…...
PhotonPath and Xiver hook up for Oxyn production | Electronics Weekly
1+ mon, 1+ week ago (248+ words) PhotonPath, the Milan photonics specialist, and Xiver, the Eindhoven MEMS foundry, are collaborating to scale production of PhotonPath’s Oxyn platform. The partnership enables the transition of Oxyn manufacturing to Xiver’s... The post PhotonPath and Xiver hook up for Oxyn production…...