Scheduled Shipment #75

$3.8 billion raised across 22 startups; 1 SPAC for $1.2 billion. Anduril secures $2.5 billion Series G

Happy Friday.

Humanoid robot makers are increasingly taking AI models in-house. Figure AI ended its contract with OpenAI in February this year. And this week, 1X Technologies unveiled Redwood, its in-house AI model. The humanoid strategy is clear: own the full stack.

$3.8 billion raised across 22 startups. 1 SPAC for $1.2 billion.

Let’s dig in.

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Top News

1X Technologies debuts Redwood, an AI model to power its humanoid robot.

Vassar Robotics (YC X25) launches a $219 robot arm that can learn new skills.

Investment into clean energy is expected to be $2.15 trillion in 2025, almost 2x the investment into fossil fuel.

Timeline

Massive Fundings

Anduril, a 8-year-old Orange County, CA startup that provides autonomous weapons, raised a $2.5 billion Series G at a $30.5 billion valuation led by Founders Fund. More here.

Believ, a 6-year-old London, UK startup that provides an EV charging platform, raised a $407.5 million financing with participation from Liberty Global, Zouk Capital, Santander, ABN Amro, NatWest, and MUFG. More here.

Meter, a 10-year-old San Francisco, CA startup that provides an internet infrastructure platform, raised a $170.0 million Series C led by General Catalyst with participation from Baillie Gifford, Lachy Groom, J.P. Morgan, Microsoft, Sequoia Capital, Tishman Speyer, WndrCo, and 53 Stations. More here.

Fervo Energy, a 8-year-old Houston, TX startup that provides geothermal energy production, raised a $160.0 million financing led by Breakthrough Energy with participation from Mercuria. More here.

Proxima Fusion, a 1-year-old Munich, Germany startup that provides nuclear fusion energy production, raised a $148.0 million Series A led by Balderton Capital and Cherry Ventures with participation from Bayern Kapital, Club degli Investitori, DeepTech & Climate Fonds, Elaia, HTGF, Leitmotif, Lightspeed, OMNES Capital, redalpine, Visionaries Tomorrow, UVC Partners, and Plural. More here.

Coco Robotics, a 5-year-old Los Angeles, CA startup that provides autonomous vehicles for delivery, raised an $80.0 million financing from Sam Altman, Max Altman, Pelion, Outlander, SNR, Offline, DeepWater, and Ryan Graves. More here.

Wandercraft, a 13-year-old Paris, France startup that provides self-balancing robotic mobility systems, raised a $75.0 million Series D from Renault Group, Bpifrance, the European Investment Bank, Teampact Ventures, and Quadrant Management. More here.

Runwise, a 15-year-old New York, NY startup that provides building energy and water consumption management, raised a $55.0 million Series B led by Menlo Ventures with participation from MassMutual Ventures, Nuveen Real Estate, Multiplier Capital, Munich Re Ventures, Soma Capital, Alumni Ventures, Helium-3, Cooley, and Fifth Wall. More here.

Aircapture, a 6-year-old Berkeley, CA startup that provides direct air capture technology for industrial sites, raised a $50.0 million Series A led by Larsen Lam Climate Change Foundation. More here.

Beewise, a 7-year-old San Ramon, CA startup that provides an AI-powered robotic beehive platform, raised a $50.0 million Series D from Fortissimo Capital, Insight Partners, APG Asset Management, lool Ventures, Badiya Capital, Marav Mazon Group, and Austin Hearst. More here.

Bedrock Ocean, a 6-year-old Richmond, CA startup that provides autonomous underwater vehicles (AUVs) for mapping the seafloor, raised a $25.0 million Series A-2 led by Primary Venture Partners and Northzone with participation from Autopilot, Costanoa Ventures, Harmony Partners, Katapult, and Mana Ventures. More here.

Fabriq, a 6-year-old Paris, France startup that provides a manufacturing workforce management platform, raised a $25.0 million financing led by Expedition Growth Capital with participation from OSS Ventures. More here.

Mid-Size Fundings

Kargo, a 6-year-old San Francisco, CA startup that provides a loading dock data platform, raised an $18.4 million financing led by Matter Venture Partners with participation from Sozo Ventures, Founders Fund, Lineage, and Armada Supply Chain Solutions. More here.

RootWave, a 13-year-old Warwickshire, UK startup that provides a high-frequency electrical weed control platform, raised a $15.0 million financing led by Clay Capital with participation from Agri Investment Fund, Xinomavro Ventures, Caygan Capital, Jorge Heraud, V-Bio Ventures, Rabo Ventures, PYMWYMIC, and Innovate UK. More here.

Warp, a 4-year-old Los Angeles, CA startup that provides tech-enabled middle mile logistics, raised a $10.0 million Series A led by Up.Partners and Blue Bear Capital. More here.

Manex AI, a 2-year-old Munich, Germany startup that provides a manufacturing quality management platform, raised a $9.3 million Seed led by Lightspeed Venture Partners and BlueYard Capital with participation from Capmont Technology and CDTM Venture Fund. More here.

Aethero, a 4-year-old San Francisco, CA startup that provides space-grade computers and infrastructure, raised a $8.4 million Seed led by Kindred Ventures with participation from Neo, Giant Step, O'Shaughnessy Ventures, and Alumni Ventures. More here.

Lendurai, a 1-year-old Tallinn, Estonia startup that provides tactical autonomous UAVs, raised a $6.5 million Seed led by Expeditions Fund, HCVC, and Vsquared Ventures. More here.

LuminX, a 1-year-old San Francisco, CA startup that provides an AI-powered warehouse automation platform, raised a $5.5 million Seed from 1Sharpe, GTMFund, 9Yards, Chingona Ventures, and Bond Fund. More here.

Smaller Fundings

XRobotics, a 6-year-old San Francisco, CA startup that provides countertop robots for pizza preparation, raised a $2.5 million Seed led by FinSight Ventures with participation from SOSV, MANA Ventures, and Republic Capital. More here.

Koncrete, a 4-year-old Paris, France startup that provides a construction materials marketplace, raised a $1.2 million Seed led by Skreenhouse Ventures with participation from SigmaRoc. More here.

ProScout, a 1-year-old Tel Aviv, Israel startup that provides an AI-powered greenhouse farming platform, raised an $830K financing from undisclosed investors. More here.

Exits

Plus, a 9-year-old Santa Clara, CA startup that provides self-driving trucks, raised $300.0 million at a $1.2 billion valuation in a SPAC led by Churchill Capital Corp IX. More here.

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