💾 🏗️ Meta's $13B AI Campus Reshapes Data Centers

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With the second week of May, physical AI pushes further into hardware as Khosla-backed Genesis AI unveils its full-stack GENE-26.5 robot model and Nyobolt hits a $1 billion unicorn valuation on the back of 5× revenue growth. Data center ambitions reach new heights, with Meta assembling a record $13 billion debt package for its 1 GW El Paso campus and NVIDIA locking in a $2.1 billion warrant stake in IREN alongside a $3.4 billion GPU cloud contract.

Mobility sends mixed signals as Kodiak AI raises $100 million for driverless trucking expansion despite a 37% stock sell-off, and Lime files for a $250 million Nasdaq IPO on $887 million in revenue. Energy transition closes strong, with Fervo Energy launching the year's largest climate-tech IPO targeting $1.33 billion and Matrix Renewables securing $332 million to build Scotland's 500 MW battery storage system.

Stay sharp,

Nyobolt Closes $60M Series C at $1B Valuation

Cambridge battery startup Nyobolt hit unicorn status after a $60 million Series C led by Symbotic, fueled by 5× year-on-year revenue growth. (Read more)

WaiV Robotics Raises $7.5M to Automate Maritime Drone Recovery

WaiV secured $7.5 million to commercialize a gyro-stabilized platform that autonomously catches VTOL drones from moving vessels in rough seas. (Read more)

Robo.ai Acquires Neurovia AI for $100M

Robo.ai snapped up Dubai's Neurovia AI in a $100 million all-stock deal to build low-latency data infrastructure for autonomous vehicles and smart cities. (Read more)

Khosla-Backed Genesis AI Unveils $105M-Seeded Full-Stack Robot Model

Genesis AI debuted its GENE-26.5 model and surprise robotic-hand hardware, showcasing cross-platform manipulation capabilities funded by a $105 million seed round. (Read more)

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NVIDIA Buys $2.1B IREN Warrant Anchoring 5 GW AI Deal

NVIDIA locked in a $2.1 billion stake option in IREN alongside a $3.4 billion GPU cloud contract, targeting 5 GW of AI factory infrastructure in Texas. (Read more)

Nscale Commits $812M to Deploy 66,000 Rubin GPUs in Portugal

Former crypto miner Nscale is pumping $812 million into Portugal's Sines Data Campus to deliver 66,000+ NVIDIA Vera Rubin GPUs to Microsoft starting in 2027. (Read more)

Digi Power X Signs $1.1B Cerebras AI Colocation Deal in Alabama

Digi Power X inked a 10-year, $1.1 billion deal with Cerebras Systems for 40 MW of exclusive AI colocation in Columbiana, Alabama. (Read more)

Meta Secures $13 Billion Debt for 1 GW El Paso AI Campus

Meta is assembling a record-breaking $13 billion financing package for a 1 GW data center campus in El Paso, Texas, targeting completion by 2028. (Read more)

Milence Secures $141M to Scale Europe's Electric Truck Charging

The Daimler/TRATON/Volvo JV Milence raised $141 million in debt financing to bring 90 electric truck charging hubs online across Europe by end-2028. (Read more)

Gozem Secures $24M IFC Blended Debt for Africa Expansion

West Africa's mobility super-app Gozem landed $24 million in blended IFC debt to fund a "Drive-to-Buy" vehicle ownership program for motorcycle and tricycle drivers. (Read more)

Kodiak AI Raises $100M Despite 37% Stock Crash

Kodiak AI raised $100 million via a steep 29%-discounted private placement, tanking its stock 37% while expanding autonomous trucking contracts on public highways. (Read more)

Lime Files S-1 for $250M Nasdaq IPO Amid $1B Liability Overhang

Micromobility giant Lime filed for a $250 million IPO with $887 million in 2025 revenue — but faces $846 million in near-term liabilities making this a survival raise. (Read more)

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Moment Energy Closes $40M Series B for Second-Life Battery Factory

Vancouver's Moment Energy raised $40 million to build the world's largest factory repurposing EV batteries into commercial-scale energy storage systems. (Read more)

Reduciner Raises $4.2M to Turn CO₂ into Sustainable Fuels

Finnish VTT spinout Reduciner secured $4.2 million to commercialize a thermochemical process that converts captured CO₂ into drop-in feedstock for synthetic fuels. (Read more)

Fervo Energy Files $1.33B IPO — Largest Climate-Tech Offer of 2026

Enhanced geothermal developer Fervo Energy launched its Nasdaq roadshow targeting $1.33 billion at a $6.5 billion valuation, with pricing expected the week of May 11. (Read more)

Matrix Renewables Locks $332M to Build Scotland's 500MW BESS

TPG-backed Matrix Renewables secured $332 million in project finance to construct a 500 MW / 1 GWh battery storage system in southern Scotland, due online in Q3 2027. (Read more)