Dear Friend,

As late July 2025 unfolds, mobility advances through autonomous infrastructure and e-mobility platforms, with Lumotive securing $14 million from Amazon's Industrial Innovation Fund to reach $59 million in Series B funding for lidar chip production, while Finnish component maker Donut Lab raises €25 million to scale its modular EV platform and open a U.K. R&D hub, and Lyft partners with Benteler Mobility to integrate U.S.-made autonomous shuttles into its ride-hailing network starting in late 2026 as part of its broader strategy to scale physical-AI vehicle deployments1.

The energy transition dominates with unprecedented infrastructure investments—Nautilus Solar's $275 million tax-equity partnership with Greenprint Capital represents one of the largest community-solar deals to date, spanning 25-30 projects across five U.S. states under a $2.5 billion joint-venture platform, while Hitachi Energy and E.ON's €700 million transformer-supply framework for German grid upgrades underscores accelerating grid-hardware investment to integrate renewables, and Fortum's €70 million acquisition of ABO Energy's entire 4.4 GW Finnish wind pipeline—paying €40 million up-front plus €30 million in milestone earn-outs—signals continued Nordic renewables expansion.

Physical AI experiences strategic consolidation and specialized funding with over $64 million in disclosed investments—led by Chinese IT company Cheetah Mobile's $99.5 million acquisition of a controlling 60.8% stake in lightweight robotic arms provider UFACTORY, while defense applications gain momentum through Arlington-based Rune Technologies' $24 million Series A led by Human Capital to modernize military logistics with its AI-enabled predictive logistics platform TyrOS, and Philadelphia-based Asylon's $26 million Series B led by Insight Partners advances robotic security-as-a-service with autonomous drones and modified Boston Dynamics robot dogs.

Stay sharp,

Oilstainlab @ Car Week Investor Reception

Car Week in Monterey is the annual pilgrimage of auto enthusiasts from all over the world. Get early access to the Luxury Collection main event and join us on August 14th for an exclusive investor reception with Oilstainlab, makers of the revolutionary HF-11, world’s lightest and most exhilarating supercar—a future unicorn. All the details and registration:

Mobility

1. Lumotive Adds $14 Million to Series B 
Amazon’s Industrial Innovation Fund joined Lumotive’s programmable-optics round, bringing total Series B proceeds to $59 million to ramp production of lidar chips for autonomous mobility.
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2. Donut Lab Closes €25 Million Seed Round 
Finnish e-mobility component maker Donut Lab raised €25 million to scale its modular EV platform and open a U.K. R&D hub.
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3. STMicroelectronics to Acquire NXP MEMS Sensors Business for $950 Million
Chipmaker STMicroelectronics signed a definitive deal to buy NXP’s automotive-grade MEMS-sensor unit for up to $950 million in cash, strengthening its safety-sensor portfolio for ADAS and autonomous platforms.
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4. Lyft to Add Autonomous Shuttles to its Ride-hailing Network
Lyft announced a partnership with Benteler Mobility (via Holon) to integrate U.S.-made autonomous shuttles into its ride-hailing network starting in late 2026, with testing to begin in 2026—part of its broader strategy to scale physical‑AI vehicle deployments.
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Energy Transition

1. Fortum Buys 4.4 GW Finnish On-shore Wind Pipeline from ABO Energy for up to €70 Million
Utility Fortum agreed to acquire ABO Energy’s entire early-stage Finnish wind portfolio—paying €40 million up-front plus €30 million in milestone earn-outs—to bulk up its Nordic renewables backlog.
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2. KGAL Buys 60.5 MW Spanish Solar Portfolio from BayWa r.e. as Part of €175 Million Green-Power Mandate
The German asset manager’s Infrastructure Fonds 6 completed its first transaction for Software AG Foundation, acquiring construction-ready PV projects in Castilla-La Mancha and Murcia with COD slated for 2026.
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3. Nautilus Solar Secures $275 million Tax-Equity Partnership with Greenprint Capital for 130 MW Community-Solar Fleet
The structure—one of the biggest community-solar tax-equity deals to date—will fund 25–30 projects spanning five U.S. states under a $2.5 billion joint-venture platform.
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4. Hitachi Energy and E.ON Sign Transformer-Supply Framework Worth up to $700 Million for German Grid Upgrades
The multi-year agreement covers high-voltage power transformers integral to Germany’s north-south transmission corridors, underscoring accelerating grid-hardware investment to integrate renewables.
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5. Constellation Energy wins FERC approval for $16.4 Billion Calpine takeover
The cash-and-stock acquisition creates North America’s biggest competitive generation fleet at nearly 60 GW.
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Physical AI

1. Doosan Robotics Acquires ONExia for $25.9 Million 
Korea's leading collaborative robotics manufacturer announced the acquisition of Pennsylvania-based ONExia for $25.9 million, securing an 89.59% stake in the US automation firm to accelerate its transition from hardware-centric operations to AI-driven intelligent robotics. 
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2. Cheetah Mobile to Acquire Controlling Stake in UFACTORY for $99.5 Million 
Chinese IT company Cheetah Mobile signed a definitive agreement to acquire a 60.8% equity interest in Shenzhen UFACTORY Technology Co., Ltd., a leading provider of lightweight robotic arms, for approximately RMB 99.5 million ($14.2 million USD).
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3. Bonsai Robotics Acquires farm-ng 
San Jose-based Bonsai Robotics acquired Watsonville-based farm-ng for an undisclosed sum, combining Bonsai's AI software expertise with farm-ng's hardware capabilities to create comprehensive agricultural robotics solutions.
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4. EngineAI Raises $139 Million Series A 
Chinese robotics startup EngineAI raised approximately 1 billion yuan ($139 million) across two tranches of Series A funding to advance general-purpose humanoid robot development, with investors including Rocket Capital, XPeng, JD.com, CATL Capital, and others.
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5. Rune Technologies Raises $24 Million Series A 
Arlington-based defense tech startup Rune Technologies raised $24 million in Series A funding led by Human Capital to modernize military logistics with its AI-enabled predictive logistics platform TyrOS.
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6. Asylon Raises $26 Million Series B for Robotic Security Services 
Philadelphia-based robotics company Asylon secured $26 million in Series B funding led by Insight Partners to expand its robotic security-as-a-service business, including autonomous drones and modified Boston Dynamics robot dogs for security applications.
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7. Swift Navigation Raises $50 Million to Bring Centimeter-level Positioning to Robotics
Swift Navigation, a developer of centimeter-level positioning technology for vehicle autonomy, robotics, and precision logistics, this week said it has raised $50 million in a Series E financing round. This round brings the company’s total funding to date to $250 million.
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Information provided by Mavka Capital. Securities are offered through Finalis Securities LLC, a member of FINRA/SIPC. Mavka Capital and Finalis Securities LLC are separate, unaffiliated entities. The information contained in this message does not constitute legal advice and should not be considered an offer to purchase or a solicitation to sell securities or any other financial instruments; it is for informational purposes only.