Top News

Flexport released a suite of AI-powered products and features, including enhanced visibility and natural language prompting.

Apple committed $500 billion over the next four years to support US manufacturing.

1X released its latest humanoid robot, Neo Gamma.

Timeline

Massive Fundings

Geniemode, a 4-year-old Gurugram, India startup that provides a B2B cross-border ecommerce marketplace for home goods, apparel, and accessories, raised a $50.0 million Series C led by Multiples Alternate Asset Management with participation from Fundamentum, Paramark Ventures, and Info Edge Ventures. More here.

Lumotive, an 8-year-old Redmond, WA startup that develops programmable optical semiconductor products, raised a $45.0 million Series B led by Swisscom Ventures with participation from East Bridge, EDOM, Grazia, Hokuyo Inc., TSVC, Gates Frontier, MetaVC Partners, Quan Funds, USAA, and HiMax Inc. More here.

Nomagic, an 8-year-old Warsaw, Poland startup that produces robotic arms for picking, packing, and sorting, raised a $44.0 million financing led by European Bank for Reconstruction and Development with participation from Khosla Ventures, Almaz Capital, and European Investment Bank. More here.

Relay Technologies, a 3-year-old London, UK startup that provides a courier-based parcel delivery service, raised a $35.0 million Series A led by Plural with participation from Project A and Prologis Ventures. More here.

Gozem, a 7-year-old Singapore startup that provides a ride-hailing and vehicle financing super app, raised a $30.0 million Series B led by SAS Shipping Agencies Services with participation from Al Mada Ventures. More here.

Mid-Size Fundings

VerAI Discoveries, a 5-year-old Boston, MA startup that provides AI-driven mineral deposit discovery, raised a $24.0 million Series B led by Insight Partners with participation from Blumberg Capital, Chrysalix Venture Capital, and Orion Industrial Ventures. More here.

METYCLE, a 3-year-old Cologne, Germany startup that provides a B2B marketplace for international secondary metal trade, raised a $15.3 million Series A led by 2150 with participation from DFF Ventures, Market One Capital, Partech, and Project A. More here.

ClustroAI, a 2-year-old San Francisco, CA startup that provides edge AI technology for industrial applications, raised a $12.0 million Series A led by Forum Ventures with participation from MetaBlast, Metaverse Group, and NVIDIA. More here.

Magdrive, a 6-year-old Oxfordshire, England startup that develops electric propulsion systems for satellites, raised a $10.5 million Series A led by Redalpine with participation from Balerion, Founders Fund, Alumni Ventures, Outsized Ventures, 7percent Ventures, and Entrepreneur First. More here.

Rune Technologies, a 1-year-old Arlington, VA startup that provides an AI-powered military logistics platform, raised a $6.2 million Seed led by Andreessen Horowitz with participation from Point72 Ventures, XYZ Venture Capital, Gokul Subramanian, Brett Granberg, John Doyle, and Scott Sanders. More here.

Deepnight, a 1-year-old San Francisco, CA startup that provides AI-powered night vision technology, raised a $5.5 million Seed led by Initialized Capital with participation from Y Combinator, Kulveer Taggar, Brian Shin, Matthew Bellamy, and Vladlen Koltun. More here.

Smaller Fundings

Mitico, a 3-year-old Los Angeles, CA startup that provides carbon capture technology for industrial use cases, raised a $4.2 million Seed led by Exergon with participation from AP Ventures, Deepbright Ventures, Freeflow Ventures, Halliburton Labs, Alliance SoCal for Innovation, SOSV, and W. L. Gore & Associates. More here.

DocUnlock, a 2-year-old San Francisco, CA startup that provides an AI-powered customs documentation processing platform, raised a $3.0 million Pre-Seed from GTMFund, Barrel Ventures, Nicolas Dessaigne, and Julien Lemoine. More here.

QraGo, a 6-year-old Stuttgart, Germany startup that provides a hospital patient transport optimization system, raised a $2.8 million Seed led by altitude and MobilityFund with participation from Segenia Capital and capacura. More here.

Digit, a 4-year-old Rocky Face, GA startup that provides an ERP for SMB manufacturers, raised a $2.5 million Seed led by HPA and Assembly Ventures with participation from Grand Ventures. More here.

Pickkup, a 4-year-old Mohali, India startup that provides electric last-mile delivery, raised a $500K Seed led by We Founder Circle. More here.

Exits

Greenscreens.ai, a 5-year-old Fort Pierce, FL startup that provides freight pricing intelligence, was acquired for $160.0 million by Triumph Financial. More here.

Scorpius Trackers, a 13-year-old Pune, India startup that provides solar energy tracking solutions, was acquired for $40.2 million by an undisclosed buyer. More here.

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-Greg