Scheduled Shipment #41

Baiju Bhatt launches solar power startup, Tesla reveals robotaxi, Amazon 10x's its robot usage

Happy Friday!

Whirlwind of a week with 24 deals and $642 million raised. Billionaires keep founding companies, don’t they? This time it’s Baiju Bhatt, co-founder of Robinhood, with a new space-based solar power startup. Also, Zap Energy raised $130 million to build nuclear fusion-based power plants. Big week for alternative energy.

Let’s dig in.

Building, fundraising, or hiring in supply chain / industrial tech? I’d love to help! Get in touch.

Top News

Baiju Bhatt, the billionaire co-founder of Robinhood, launched a space-based solar power startup.

We, Robot: Tesla revealed its Cybercab.

Amazon announced a “next-generation fulfillment center” with 10x as many robots.

Massive Fundings

Zap Energy, a 7-year-old Everett, WA startup that develops modular nuclear fusion-based power plants, raised a $130.0 million Series D led by Soros Fund Management with participation from BAM Elevate, Emerson Collective, Mizuho Financial Group, Plynth Energy, Xplor Ventures, Breakthrough Energy Ventures, Chevron Technology Ventures, DCVC, Energy Impact Partners, Lowercarbon Capital, and Shell Ventures. More here.

Auger, a 2024-founded Bellevue, WA startup that provides an AI-powered supply chain insights & decisioning platform, raised a $100.0 million Series A led by Oak HC/FT. More here.

Dexory, a 9-year-old London, U.K. startup that produces ultra-tall robots for warehouse automation, raised an $80.0 million Series B led by DTCP with participation from Latitude Ventures, Wave-X, Bootstrap Europe, Atomico, and Lakestar Capnamic. More here.

HungryPanda, a 7-year-old London, U.K. startup that provides an Asian-food focused delivery platform, raised a $55.0 million financing led by Mars Growth Capital with participation from Perwyn, Kinnevik, 83North, and Felix. More here.

Utility Global, a 6-year-old Houston, TX startup that provides clean fuels processed from industrial waste, raised a $53.0 million Series C led by OPG Pension Plan with participation from XCarb Innovation Fund, Ara Partners, and Aramco Ventures. More here.

Polarium, a 10-year-old Stockholm, Sweden startup that provides an energy storage and optimization platform for industrial and other industries, raised a $48.9 million financing led by Vargas Holding with participation from Alecta, AMF, Stefan Jansson Global Invest, and RoosGruppen. More here.

MStack Chemicals, a 2-year-old Houston, TX startup that provides a platform for sourcing specialty chemicals, raised a $40.0 million Series A led by Lightspeed and Alpha Wave. More here.

Mid-Size Fundings

Corvus Robotics, a 9-year-old Boston, MA startup that produces unmanned warehouse inventory drones, raised an $18.0 million Series A led by S2G Ventures and Spero Ventures. More here.

Aereo, an 11-year-old Bengaluru, India startup that provides commercial drone solutions for construction, mining, and other industrial industries, raised a $16.8 million Series B led by 360 ONE Asset with participation from StartupXseed Ventures, Navam Capital, and JSW Ventures. More here.

Truck Park Management, a 1-year-old Little Rock, AR startup that provides a parking solution for commercial trucks, raised a $15.0 million financing led by FoxDen Capital. More here.

Valdera, a 4-year-old San Francisco, CA startup that provides a sourcing platform for chemicals and raw materials, raised a $15.0 million Series A led by Index Ventures with participation from Susa Ventures, Lerer Hippeau, and BoxGroup. More here.

Anaphite, an 8-year-old Bristol, U.K. startup that develops electric battery technology to reduce manufacturing cost and emissions, raised a $13.7 million Series A led by World Fund and Maniv with participation from Elbow Beach Capital, Wealth Club, EEI, and Nesta. More here.

Salient Motion, a 2-year-old Los Angeles, CA startup that supplied aerospace and defense components, raised a $12.0 million financing led by Cantos Ventures with participation from Andreessen Horowitz, AE Ventures, Hummingbird Ventures, and BoxGroup. More here.

SuperNode, a 6-year-old Dublin, Ireland startup that develops next-gen superconducting cable systems, raised an $8.9 million financing led by AKER Horizons and Volnay. More here.

DocJuris, a 7-year-old Houston, TX startup that provides an AI-driven contract management platform for procurement and other departments, raised an $8.0 million Series A led by Silverton Partners with participation from Watertower Ventures, Surface Ventures, and Seed Round Capital. More here.

Drawer AI, a 2-year-old Austin, TX startup that provides an estimation system for electrical contractors, raised a $5.0 million Seed led by Brick & Mortar Ventures with participation from Base 10 Partners. More here.

Smaller Fundings

Permanent Agriculture, a 2-year-old Monaco City, Monaco startup that provides a wholesale food marketplace and distributor, raised a $3.7 million Seed led by Better Tomorrow Ventures with participation from Atman Capital, Autopilot, Gaingels, Progression, and Sugar Mountain. More here.

baCta, a 2024-founded Paris, France startup that produces natural, low-emission rubber, raised a $3.6 million Pre-Seed led by OVNI Capital with participation from another.vc, Kima Ventures, Sharpstone Capital, Thibaud Elziere, and Nicolas Morin. More here.

Cartage, a 1-year-old Burlington, Canada startup that provides an AI-powered freight coordination platform, raised a $3.3 million Seed with participation from Y Combinator, Garage Capital, Wayfinder Ventures, Northside Ventures, Pioneer Fund, Ritual Capital, Paul Graham, Nate Smith, Kulveer Taggar, Ian Logan, and Caleb Gawne. More here.

Paren, a 1-year-old San Francisco, CA startup that provides an EV charging network data aggregator, raised a $3.0 million Seed led by Base10 Partners with participation from Founders Network Fund, and Luc Vincent. More here.

Senvo, a 1-year-old Berlin, Germany startup that provides a spend visibility and reconciliation tool for large shippers, raised a $2.8 million financing led by Defy VC and Two Ravens with participation from Fund F. More here.

New Frontier Aerospace, a 4-year-old Tukwila, WA startup that manufactures advanced rocket engines, raised a $2.5 million Seed led by Pacific Bays Capital. More here.

Fortius Metals, a 3-year-old Lafayette, CO startup that provides wire alloys for 3D printing and robotic welding, raised a $2.0 million Seed+ from Finindus. More here.

Easelink, an 8-year-old Graz, Austria startup that develops a conductive charging pad for electric vehicles, raised a $1.7 million financing led by VERBUND X Ventures. More here.

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