Scheduled Shipment #70

$598 million raised across 19 startups; 1 acquisition for $3.9 billion

Future Ventures raises $200 million Fund IV

Happy Friday.

Two new $200 million+ industrial tech funds enter the market: Future Ventures and Bosch Ventures. Real-world technology across manufacturing, supply chain, agriculture, energy remains hot.

$598 million raised across 19 startups; 1 acquisition for $3.9 billion.

Let’s dig in.

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Top News

Future Ventures raised oversubscribed $200 million Fund IV to invest across major industries including construction, manufacturing, energy, and food production.

Bosch Ventures raises $270 million Fund VI to invest in deep tech startups.

General Fusion, which raised $440 million from Jeff Bezos and Temasek, lays off 25% of its employees.

Timeline

Massive Fundings

Quantum Systems, a 10-year-old Gilching, Germany startup that provides an advanced unmanned aerial intelligence platform, raised a $179.6 million Series C led by Balderton Capital with participation from Hensoldt, Airbus, Bullhound Capital, LP&E AG, HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche SE, and Notion. More here.

Mach Industries, a 2-year-old Huntington Beach, CA startup that produces VTOL vehicles for the defense industry, raised a $100.0 million Series B led by Khosla Ventures with participation from Bedrock Capital. More here.

Orca AI, a 7-year-old London, UK startup that provides AI-powered autonomous navigation system for ships, raised a $72.5 million Series B led by Brighton Park Capital with participation from Ankona Capital and Hyperlink Ventures. More here.

Routematic, a 12-year-old Bengaluru, India startup that provides B2B ride services, raised a $40.0 million financing led by Fullerton Carbon Action Fund with participation from Shift4Good. More here.

Celcius Logistics, a 5-year-old Mumbai, India startup that provides cold chain logistics, raised a $29.3 million Series B led by Eurazeo and Omnivore with participation from IvyCap Ventures, Trifecta Capital, Lighthouse Canton, BlackSoil, UCIC, and GetVantage. More here.

Growers Edge, an 8-year-old Johnston, IA startup that provides a financial platform for agriculture and manufacturing customers, raised a $25.0 million financing led by S2G Investments, Cibus Capital, and Lowercarbon Capital with participation from Otter Creek, iSelect, and Jeff Ubben. More here.

Rainmaker Technology, a 2-year-old El Segundo, CA startup that provides water precipitation enhancement technology, raised a $25.0 million Series A led by Lowercarbon Capital with participation from Starship Ventures, 1517 Ventures, Long Journey Ventures, Garry Tan, and Naval Ravikant. More here.

Mid-Size Fundings

DePoly, a 5-year-old Zurich, Switzerland startup that provides plastic recycling, raised a $23.0 million Seed led by MassMutual Ventures with participation from Founderful, ACE & Company, Angel Invest, Zürcher Kantonalbank, BASF Venture Capital, Beiersdorf Venture Capital, and Syensqo. More here.

Breathe Battery Technologies, a 6-year-old London, UK startup that provides car battery performance and design platform, raised a $21.0 million Series B led by Kinnevik Online AB with participation from Lowercarbon Capital and Volvo Cars Tech Fund. More here.

eeden, a 6-year-old Münster, Germany startup that provides a textile recycling platform, raised a $20.2 million Series A led by Forbion with participation from Henkel Ventures, NRW.Venture, TechVision Fund, High-Tech Gründerfonds, and D11Z Ventures. More here.

Conifer, a 3-year-old Sunnyvale, CA startup that develops electric hub motors free of rare earth elements, raised a $20.0 million Seed led by True Ventures with participation from MaC Ventures and MFV Partners. More here.

Emmi AI, a 1-year-old Linz, Austria startup that provides an AI-driven industrial engineering simulation platform, raised a $17.1 million Seed from Speedinvest, 3VC, and Serena. More here.

Replenysh, a 9-year-old Los Angeles, CA startup that provides a recycling logistics platform, raised an $8.0 million Series A led by M13 with participation from Incite, Kindred Ventures, and Floodgate Fund. More here.

Smaller Fundings

Ceto, a 5-year-old Newcastle, UK startup that provides a predictive analytics platform for the maritime industry, raised a $4.8 million Seed led by Dynamo Ventures with participation from Howden Ventures, Signal Ventures, and Motion Ventures. More here.

Gardin, a 5-year-old Oxford, UK startup that provides a crop health analysis platform, raised a $4.5 million Seed 2 led by Navus Ventures with participation from Oxford Innovation Finance, LDV Capital, MMC Ventures, Seedcamp, and Alchimia Investments. More here.

Speedbird Aero, a 7-year-old Sao Paulo, Brazil startup that provides drone delivery, raised a $3.9 million financing led by LINCE CAPITAL with participation from Explorer Investments, Cedrus Capital, AcNext Capital, MSW Capital, Embraer, Baterias Moura, BB Seguros, and AgeRio. More here.

Materials Market, a 5-year-old London, UK startup that provides online marketplace for building materials, raised a $2.7 million financing led by Fuel Ventures with participation from Active Partners. More here.

Tow4Tech, a 1-year-old Coral Spring, FL startup that provides a platform connecting fleet managers and tow operators, raised a $1.5 million Pre-Seed led by BrightCap Ventures. More here.

Vector, an 11-year-old San Francisco, CA startup that provides a yard management platform, received an undisclosed financing from Bessemer Venture Partners. More here.

Exits

Deliveroo, the 12-year-old London, UK startup that provides grocery and food delivery, was acquired for $3.9 billion by DoorDash. More here.

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