Dear {{First_Name|Friend}},

As we enter the third week of May, physical AI accelerates as WIRobotics closes a $68 million Series B to commercialize its ALLEX humanoid platform and Vbot raises $73.5 million to quintuple robotic dog production in Beijing. Data centers scale dramatically, led by Blackstone's $1.75 billion REIT IPO targeting hyperscaler-leased U.S. assets and Nscale securing $790 million from a Nordic bank consortium to build Norway's largest-ever AI campus in Narvik.

Mobility heats up with Rapido raising $240 million to challenge Uber across India's Tier 2+ cities and Quantum Systems in advanced talks for a €600 ($699) million round backed by Airbus and Blackstone. Energy transition moves in parallel as GridCARE closes an oversubscribed $64 million to slash data center grid interconnection timelines and Mantle8 secures $36 million to launch the world's first commercial-scale natural hydrogen drilling campaign.

Stay sharp,

Vitaly Golomb
Managing Partner
AI, Robotics, Mobility, Energy
[email protected]

Misha Edel
Partner
Data Center, Ind. Automation, PropTech
[email protected]

Physical AI

Uncharted Dynamics Bags Seed Funding for Robot Physics Layer
Montréal startup Uncharted Dynamics secured seed funding from Beijing's K2VC to build physics "ground truth" infrastructure powering next-generation robot world models. (Read more)

WIRobotics Closes $68M Series B for Humanoid Expansion
South Korean robotics firm WIRobotics raised $68 million to commercialize its ALLEX humanoid platform, backed by eight institutional investors including SBVA and NH Investment & Securities.
 (Read more)

Xpanner Raises $18M Series B to Automate Construction Sites
Profitable construction automation startup Xpanner closed $18 million at over 80% gross margin, targeting $60 million in annual recurring revenue for 2026. (Read more)

Vbot Raises $73.5M Pre-A to Mass-Produce Robot Dogs
Beijing-based Vbot raised $73.5 million to scale robotic dog production fivefold and develop a full-size humanoid platform with AI world models. (Read more)

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Data Centers & IT Services

Nscale Closes $790M Nordic Bank Debt for Narvik AI Campus
Five Nordic banks financed Nscale's $790 million Narvik data center, Norway's largest-ever AI infrastructure investment, with an option to expand by a further 115MW. (Read more)

Argentum AI Signs $2.5B European AI Data Center Deal
Argentum AI partnered with Boosteroid and DL Invest Group to deploy a $2.5 billion, 300MW GPU campus — one of Europe's largest independent AI compute projects. (Read more)

Blackstone Raises $1.75B in Data Center REIT IPO
Blackstone listed its new data center REIT on the NYSE under BXDC, raising $1.75 billion targeting stabilized hyperscaler-leased assets across five U.S. markets. (Read more)

Iceotope Raises $26M Series B for Precision Liquid Cooling
Sheffield-based Iceotope closed $26 million to scale chassis-level liquid cooling for AI data centers running above 200kW per rack. (Read more)

Mobility

Mind Robotics Bags $400M Just Weeks After $500M Series A
Rivian CEO RJ Scaringe's factory-robot spinoff surpassed $1 billion in total funding, with Volkswagen Ventures deepening a vertically integrated EV manufacturing bet. (Read more)

Airbus and Blackstone Eye €600M ($699M) Bet on Quantum Drones
German UAV maker Quantum Systems is in advanced talks for a €600 million round that would nearly triple its valuation to €7 billion in six months. (Read more)

Arkeus Raises $18M Series A for Drone AI Sensing
Defense startup Arkeus closed $18 million led by Queensland Government-backed QIC Ventures to scale its hyperspectral radar across U.S., Australian, and European military contracts. (Read more)

Rapido Raises $240M at $3B to Challenge Uber in India
India's motorbike ride-hailing challenger Rapido raised $240 million led by Prosus, targeting Tier 2+ cities where Uber and Ola have no meaningful presence. (Read more)

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Energy Transition

Ethiopia's Dodai Raises $13M to Build Battery-Swap EV Grid
Addis Ababa-based Dodai closed $13 million to deploy thirty battery-swapping stations locally before expanding to Abidjan, Accra, and Kinshasa. (Read more)

GridCARE Raises $64M to Speed Up AI Data Center Grid Access
Stanford spinout GridCARE closed an oversubscribed $64 million to compress data center grid interconnection timelines from years to months using AI simulation. (Read more)

Mantle8 Raises $36M Series A for Natural Hydrogen Drilling
French startup Mantle8 secured $36 million to launch the world's first large-scale geologic hydrogen drilling campaign, targeting production costs as low as €0.8 per kg. (Read more)

HSBC Launches $4B Cleantech Credit Line for Chinese Firms
HSBC unveiled a $4 billion sustainability credit facility to help Chinese solar, battery, wind, and EV companies expand into global markets. (Read more)

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