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- Scheduled Shipment #62
Scheduled Shipment #62
$460 million raised across 23 startups.

Happy Friday.
Waymo gets outside the city, there’s a new $300 million climate fund, and Northvolt files for bankruptcy after raising $14 billion. Roaring week.
$460 million raised across 23 startups.
Let’s dig in.
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Top News
Swedish battery manufacturer Northvolt files for bankruptcy after raising more than $14 billion.
Waymo expands service to Mountain View, Los Altos, and Palo Alto.
Leitmotif quietly raised a $300 million first fund from Volkswagen to invest in decarbonization.
Timeline
From today: @garrytan on YC's approach to hardware startups
"We have more than $1b capital a year from hundreds of VCs who are meeting founders and funding hard tech."
"We need this in America... We can't even make screws for ourselves. We need 1000x of what we have now in… x.com/i/web/status/1…
— TBPN (@tbpn)
1:13 AM • Mar 7, 2025
Our third annual American Dynamism 50 is out. Read about 50 companies shaping the fight of the future.
— Katherine Boyle (@KTmBoyle)
1:19 PM • Mar 11, 2025
Meet Gemini Robotics: our latest AI models designed for a new generation of helpful robots. 🤖
Based on Gemini 2.0, they bring capabilities such as better reasoning, interactivity, dexterity and generalization into the physical world. 🧵 goo.gle/gemini2-roboti…x.com/i/web/status/1…
— Google DeepMind (@GoogleDeepMind)
3:07 PM • Mar 12, 2025
Massive Fundings
Dexterity, an 8-year-old Redwood City, CA startup that provides industrial robots with human-like finesse, raised a $95.0 million financing led by Lightspeed Venture Partners with participation from Sumitomo Corp. More here.
Dcbel, a 12-year-old Montreal, Canada startup that provides bidirectional EV charging hardware for home energy management, raised a $55.0 million financing led by Canada Growth Fund with participation from Idealist Climate Impact Fund LP. More here.
Tandem PV, a 9-year-old San Jose, CA startup that provides perovskite solar panels, raised a $50.0 million Series A led by Eclipse Ventures with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner, Stifel Bank, and CSC Leasing. More here.
Scimplify, a 2-year-old Bengaluru, India startup that provides a specialty chemical procurement marketplace, raised a $40.0 million Series B led by Accel and Bertelsmann India Investments with participation from UMI, Beenext, Omnivore, and 3one4 Capital. More here.
Infinite Uptime, a 10-year-old Pune, India startup that provides a predictive maintenance platform for factories, raised a $35.0 million Series C led by Avataar Ventures with participation from StepStone Group, LGVP, Tiger Global, and GSR Ventures. More here.
Viam, a 5-year-old New York, NY startup that provides a physical data aggregation platform, raised a $30.0 million Series C led by Union Square Ventures with participation from Neurone. More here.
Mid-Size Fundings
Echandia, a 19-year-old Solna, Sweden startup that provides maritime battery systems, raised a $20.4 million financing led by Klima and Industrifonden with participation from SEB Greentech VC and EEI. More here.
CaPow, a 7-year-old Beer Sheva, Israel startup that provides a wireless charging solution for robotic fleets, raised a $15.0 million Series A led by Toyota Ventures with participation from Elements VC, IL Ventures, Payton Planar Magnetics, Mobilion, and Doral Energy-Tech. More here.
Daupler, a 9-year-old Overland Park, KS startup that provides a response management solution for utilities and municipalities, raised a $15.0 million Series B led by Aqualateral with participation from Burnt Island Ventures and KCRise Fund. More here.
Grão Direto, a 9-year-old Uberaba, Brazil startup that provides a digital grain trading platform, raised a $15.0 million Series B led by Kaszek with participation from Bradesco Venture Capital, CME Group, SLC, and Endeavor. More here.
VIE Technologies, an 8-year-old San Diego, CA startup that provides an energy monitoring and predictive maintenance platform, raised a $15.0 million Series A led by Energy Impact Partners. More here.
Dance, a 5-year-old Berlin, Germany startup that provides an electric bike and moped subscription platform, raised a $13.0 million financing from undisclosed investors. More here.
Carpool Logistics, a 5-year-old Atlanta, GA startup that provides a vehicle shipping marketplace, raised a $12.0 million Series A led by Wavecrest Growth Partners with participation from CarMax, Devin Daly, Michael Quigley, and David Metter. More here.
Stargate Hydrogen, a 5-year-old Tallinn, Estonia startup that produces green hydrogen, raised an $11.5 million Series A from Giga, UG Investments, and SmartCap Green Fund. More here.
Glimpse, a 2-year-old Somerville, MA startup that provides a battery quality management platform, raised a $10.0 million Series A led by TDK Ventures with participation from Ibex Investors and Flybridge Capital Partners. More here.
Navlungo, a 7-year-old Istanbul, Turkey startup that provides a search engine for logistics freight services, raised a $6.5 million Pre-Series A led by OBSS Ventures with participation from Arya VC and MOST Ventures. More here.
Smaller Fundings
Bizongo, an 11-year-old Mumbai, India startup that provides a B2B raw material procurement and distribution platform, raised a $4.5 million financing from Accel, B Capital, IFC, and Chiratae. More here.
Agros, a 6-year-old Singapore startup that provides a solar-powered irrigation platform, raised a $4.3 million Series A led by Gaia Impact, Schneider Electric Energy Access Asia, and Wavemaker Impact with participation from Global Innovation Fund. More here.
SaySo, a 1-year-old New York, NY startup that provides a clearance shopping platform for excess inventory, raised a $4.0 million Seed led by UP.Partners. More here.
TwinKnowledge, a 2-year-old New York, NY startup that provides an AI copilot for construction, raised a $3.7 million financing from undisclosed investors. More here.
InsureVision, a 3-year-old Cheshire, UK startup that provides an AI-powered contextual risk driving assessment platform, raised a $2.7 million Seed led by Rethink Ventures with participation from Twin Path Ventures and State Farm Ventures. More here.
Biorsaf, a 4-year-old Castell Azzara, Italy startup that provides a food safety management platform, raised a $1.5 million Seed led by Maia Ventures with participation from Farming Future, CDP Venture Capital, and Fondo Toscana Next. More here.
Pebble Square, a 4-year-old Uiwang, South Korea startup that provides a fabless semiconductor designer, raised a $1.4 million financing led by UTC Investment. More here.
Thanks for Reading!
-Greg
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