Top News

Rivian and Volkswagen announce a $5.8 billion joint venture deal.

Half of data centers may not have enough power by 2027.

Chinese autonomous driving startup Pony AI is seeking $224 million in IPO, below its original $425 million target.

Massive Fundings

JobNimbus, a 13-year-old Lehi, UT startup that provides CRM for roofing contractors, raised a $330.0 million financing from Sumeru Equity Partners. More here.

Firefly Aerospace, an 11-year-old Cedar Park, TX startup that develops small and medium space launch vehicles, raised a $175.0 million Series D led by RPM Ventures with participation from GiantLeap Capital and Human Element. More here.

Radiant, a 5-year-old El Segundo, CA startup that produces portable nuclear microreactors, raised a $100.0 million Series C led by DCVC with participation from Andreessen Horowitz, Union Square Ventures, Felicis, Washington Harbour Partners LP, and Chevron Technology Ventures. More here.

Elicit Plant, a 7-year-old Moulins-sur-Tardoire, France startup that produces biosolutions that reduce crop water usage, raised a $48.0 million Series B led by Carbyne Equity Partners with participation from Sofinnova Partners, ECBF, and BPI EcoGreenTech. More here.

Starfish Space, a 6-year-old Tukwila, WA startup that develops autonomous satellite servicing vehicles, raised a $29.0 million financing led by Shield Capital with participation from Point72 Ventures, Booz Allen Ventures, Aero X Ventures, Trousdale Ventures, TRAC VC, Munich Re Ventures, Toyota Ventures, NFX, and Industrious Ventures. More here.

Mid-Size Fundings

Klim, a 4-year-old Berlin, Germany startup that provides a platform for planning, executing, and financing regenerative agriculture practices, raised a $22.0 million Series A led by BNP Paribas with participation from Earthshot Ventures, Rabobank, AgFunder, Norinchukin Bank, Achmea Innovation Fund, Ananda Impact Ventures, and Elevator Ventures. More here.

Orderful, a 7-year-old San Francisco, CA startup that provides an EDI integration platform, raised a $15.0 million financing led by NewRoad Capital Partners with participation from Andreessen Horowitz, NFI Ventures, 9Yards Capital, Flume Ventures, and GLP Capital Partners. More here.

Wheelocity, a 2-year-old Chennai, India startup that provides a delivery network for suburban and rural areas, raised a $15.0 million financing led by Lightspeed Venture Partners with participation from Alteria Capital and Anicut Capital. More here.

Vecna Robotics, a 26-year-old Waltham, MA startup that provides material handling robots, raised a $14.5 million financing led by Drive Capital and Tiger Global. More here.

ePlane, an 8-year-old Chennai, India startup that produces electric air taxis, raised a $14.0 million Series B led by Speciale Invest and Antares Ventures. More here.

Vatn Systems, a 1-year-old Portsmouth, RI startup that produces autonomous underwater vehicles for defense uses, raised a $13.0 million Seed led by DYNE Ventures with participation from Lockheed Martin Ventures, RTX Ventures, and In-Q-Tel. More here.

Brightpick, a 3-year-old Bratislava, Slovakia startup that produces autonomous warehouse robots for fulfillment automation, raised a $12.0 million financing led by Photoneo. More here.

Mach9, a 3-year-old Pittsburgh, PA startup that provides geospatial production software for 2D and 3D engineering models, raised a $12.0 million Seed led by Quiet Capital with participation from Overmatch Ventures, Kyle Vogt, Amar Hanspal, Scott Belsky, and Gokul Rajaram. More here.

Ecolectro, a 9-year-old Ithaca, NY startup that produces hydrogen through electrolyzers, raised a $10.5 million Series A led by Toyota Ventures with participation from Cornell University, New Climate Ventures, Starshot Capital, and Techstars. More here.

Eaze, a 10-year-old San Francisco, CA startup that provides a cannabis delivery platform, raised a $10.0 million Series B from undisclosed investors. More here.

Xavveo, a 1-year-old Berlin, Germany startup that provides autonomous vehicle sensor technology to increase safety and reliability, raised an $8.6 million Seed led by Vsquared Ventures and imec.xpand. More here.

Plato, a 1-year-old Berlin, Germany startup that provides an ERP automation platform for wholesale distributors, raised a $6.5 million Pre-Seed led by Cherry Ventures with participation from Atlantis Ventures. More here.

Smaller Fundings

Kamereo, a 6-year-old Ho Chi Minh City, Vietnam startup that provides a food sourcing platform for restaurants, raised a $2.8 million Series B led by Sumitomo Corporation. More here.

Airbound, a 4-year-old Wilmington, DE startup that produces last-mile delivery drones, raised a $1.7 million Seed led by Lightspeed Venture Partners. More here.

Pikndel, a 2-year-old Delhi, India startup that provides same-day delivery, raised a $1.0 million Seed led by VC Grid with participation from D2C Insider Angels, Breathe Capital, and Venture Catalysts. More here.

Exits

Grubhub, a 20-year-old Chicago, IL startup that provides a food and grocery delivery platform, was acquired by Wonder, a ghost kitchen platform, for $650.0 million. More here.

Addison Lee, a 49-year-old London, UK company that operates black cabs, was acquired by ComfortDelGro, a Singapore-based transport operator, for $350.0 million. More here.

RepairPal, a 17-year-old San Francisco, CA startup that provides a car repair estimate platform, was acquired by Yelp, the business search platform, for $80.0 million. More here.

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