🤖💵 Humanoids Just Raised $1.2B

Dear {{First_Name|Friend}},

As we enter the second week of March, physical AI and robotics surge on both sides of the Atlantic: NEURA Robotics raises ~$1.2 billion backed by Tether at a $4.6 billion valuation while Galbot secures $362 million to become China's highest-valued unlisted humanoid firm. Data centers keep scaling, led by Nscale's record $2 billion Series C — the largest in European history — at a $14.6 billion valuation, and Amazon's $39 billion commitment to AI-ready infrastructure in Spain.

Mobility pushes forward as Oxa raises $103 million anchored by the UK's National Wealth Fund and Nvidia to expand its autonomous vehicle platform across ports, airports, and warehouses, while Zeno closes a $25 million Series A to grow its battery-swap e-motorbike network across East Africa. Energy transition gains momentum with Holyvolt's $73 million acquisition of Wildcat Discovery Technologies to accelerate next-generation battery materials and RIFT securing $131.7 million to build the world's first commercial iron fuel production facility targeting industrial heat decarbonization.

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NEURA Robotics Raising €1B ($1.2B) Backed by Tether

Tether is bankrolling Germany's NEURA Robotics in a ~$1.2 billion raise that values the humanoid robot maker at €4 billion ($4.6 billion) — and its order book is already close to $1 billion. (Read more)

Galbot Raises $362M, Becomes China's Top-Valued Unlisted Humanoid Firm

Beijing's Galbot just became China's most valuable unlisted humanoid robotics company after a $362 million raise backed by state giants and industrial titans like CATL, Bosch, Toyota, and Hyundai — with a Hong Kong IPO on the horizon. (Read more)

PaXini Tech Raises $145M+ for Robot Sensors

Shenzhen's PaXini Tech hit a $1.4 billion valuation after raising over $145 million for its precision tactile sensors, and it’s already in Apple's supply chain with Meta and JD.com as backers. (Read more)

Noetix Robotics Closes ~$145M Series B for Humanoid Robots

Noetix Robotics, the Chinese startup that wowed audiences at the Spring Festival Gala, raised ~$145 million backed by CATL and plans to ship 1,000 consumer humanoid units overseas by Q2 2026. (Read more)

Xiaomi Deploys Humanoid Robots in EV Factory

Xiaomi's humanoid robots are punching in at its EV factory — logging 3 hours of autonomous work with a 90% success rate, though the CEO calls them "more like interns" for now. (Read more)

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Nscale Raises Record $2B Series C at $14.6B Valuation

UK AI hyperscaler Nscale closed a record-breaking $2 billion Series C — Europe's largest ever — with Nvidia, Dell, and Citadel among backers, and Sheryl Sandberg joining the board. (Read more)

Amazon Raises Spain Investment to €33.7B ($39B) for AI Data Centers
Amazon doubled down on Europe at MWC Barcelona, adding €18 billion ($20.8 million) to its Spain commitment for a staggering €33.7 billion total — all aimed at expanding AWS data center infrastructure in Aragón to power AI across the continent. (Read more)

HighBrook Closes $266M Inaugural Data Center Fund
PE real estate firm HighBrook raised $266 million for its first-ever data center fund, pre-seeded with three Northern Virginia sites and 300 MW of contracted power ready to build. (Read more)

Babcock & Wilcox Gets Go-Ahead on $2.4B AI Power Project

Babcock & Wilcox is building 1.2GW of new gas-fired power for AI data center campuses in a $2.4 billion contract — with another 1.2GW possibly to follow. (Read more)

Oxa Raises $103M Series D for Industrial Autonomous Vehicles

UK autonomous vehicle software firm Oxa locked in $103 million — anchored by the UK's National Wealth Fund and Nvidia's VC arm — to self-drive forklifts, trucks, and yard vehicles at ports, airports, and warehouses. (Read more)

Zeno Secures $25M Series A for E-Motorbikes

East Africa's Zeno raised $25 million to scale battery-swap electric motorbikes across Kenya and Uganda, targeting a market where two-wheelers dominate transport. (Read more)

Cargo.one Raises ~$20M Alongside Cargofive Acquisition

Berlin's cargo.one raised ~$20 million and acquired ocean freight platform Cargofive to build what it calls the first AI-native OS for multimodal freight. (Read more)

Life EV Acquires Rad Power Bikes for $13.2M

Life EV rescued the once-hyped Rad Power Bikes — which raised $330M million before going bankrupt — for just $13.2 million in a fire-sale acquisition. (Read more)

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Holyvolt Acquires Wildcat Discovery Technologies for $73M

Volvo-backed Holyvolt paid $73 million to acquire U.S. materials discovery firm Wildcat, merging water-based battery manufacturing with AI-driven materials R&D to accelerate next-gen EV batteries. (Read more)

Photoncycle Raises €15M ($17.4M) for Seasonal Hydrogen Home Storage

Norwegian startup Photoncycle raised €15 million ($17.4 million) to turn summer solar surplus into solid-state hydrogen for winter home heating — offering up to 10 MWh of seasonal storage per household. (Read more)

RIFT Secures €113.8M ($131.7M) for Iron Fuel Technology

Dutch startup RIFT raised €113.8 million ($131.7 million) (Series B + EU grant) to build the world's first commercial iron fuel plant, aiming to decarbonize industrial heat — a sector notoriously hard to electrify. (Read more)

Artemis Raises $6M for Solar & Battery AI Platform

Houston's Artemis raised $6 million to deploy an AI tool that cuts residential solar and battery project design from days to mere seconds. (Read more)