Tracking the latest press, fundraises, and achievements from portfolio companies as they continue to grow and make impact.
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Exciting news: Positron AI has raised $51.6M Series A led by Valor Equity Partners, Atreides Management, LP and DFJ Growth to work on their next generation inference AI accelerator. They look forward to working closely with Gavin Baker, Randy Glein, Vivek Pattipati and their teams to deliver a compelling
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Lockheed Martin Taps Librestream for Defense CollaborationLockheed Martin and Librestream have partnered with Microsoft to deploy Onsight NOW, a secure video collaboration platform for defense | XR News from AuganixAuganix.orgSam Sprigg July 31, 2025 2025, Collaborations & Partnerships, Collaborative, Defence & Security, General XR News, News, Platform, Product Launch, Remote
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We need to share an unfortunate update. Urban Machine is suspending our lumber recycling operations in American Canyon due to a lack of demand for reclaimed dimensional lumber. We have paused all… | Urban Machine | 26 commentsWe need to share an unfortunate update. Urban Machine is suspending our lumber recycling operations
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TL;DR Raise Robotics raised $7.75M in seed funding to scale its multipurpose robotic platform designed for construction sites. Their robot performs tasks like drilling and bolting on steel structures, reducing human risk and increasing precision. The system is mobile, adaptable to real-world site conditions, and aims to address
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TL;DR As AI grows, so do its power demands—unsustainably so. Inference (running AI models) now consumes most of the energy, prompting startups and tech giants to design energy-efficient chips optimized specifically for this task. Companies like Positron and Groq claim major efficiency and cost gains over Nvidia’s
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TL;DR: Auriga Space raised $6 million in seed funding to develop an electromagnetic launch system that shoots rockets into space from a track, similar to a railgun. The company aims to dramatically lower launch costs and environmental impact by replacing traditional chemical boosters with a ground-based electric acceleration system.
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Foundation EGI Secures $23M in Oversubscribed Series A to Build the World’s First Engineering General Intelligence Platform/PRNewswire/ -- Foundation EGI, creator of the world’s first Engineering General Intelligence (EGI) platform, today announced $23M in oversubscribed Series A…Cision PR NewswireFoundation EGI With AI purpose-built for engineering, Foundation
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The deal brings AI-powered software solutions and field-tested contractor tools to one of the country’s top distributors of plumbing, HVAC and industrial supplies. Hajoca, one of the largest privately-held wholesale distributors of plumbing, HVAC and industrial supplies in the U.S., has acquired Onsemble — a software provider developing intuitive,
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DPD partners with Deus Robotics to deploy autonomous warehouse system at London Docklands facility — Retail Technology Innovation HubUK parcel delivery company DPD has partnered with Deus Robotics to create a robotic warehouse automation solution. Deus Robotics was selected as one of the finalists from DPD’s EcoLaunchpad programme from a
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TL;DR: Fastino raised $17.5M in a round led by Khosla Ventures to make AI training faster and cheaper by using low-cost gaming GPUs instead of expensive enterprise hardware. Their software optimizes distributed training across these GPUs, offering a more efficient alternative to NVIDIA-dominated infrastructure. The company targets startups
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Hive and Toyota Material Handling Announce Partnership for AI-Driven TrucksHive and Toyota Material Handling Announce Partnership for AI-Driven Trucks AI-powered autonomous trucks and remote operation pave the way for the future of logistics.Hive Autonomynicole.shevchenko AI-powered autonomous trucks and remote operation pave the way for the future of logistics.
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TL;DR Feb 11 - Positron, a startup chip maker that aims to compete with Nvidia, said Tuesday it raised $23.5 million to scale production of its U.S.-made artificial intelligence chips. Valor Equity Partners, known for backing Elon Musk’s companies, Atreides Management, Flume Ventures and Resilience