⚡🌏 The $4.75B Deal That Changes Big Tech Energy

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As we move through March, Rivian spin-out Mind Robotics rockets from a $115 million seed to a $500 million Series A at a $2 billion valuation in physical AI, while Rhoda AI exits stealth with $450 million to deploy its video-trained robot foundation model for industrial environments. Data centers keep scaling globally, with Digital Edge closing Indonesia's largest-ever data center green loan at $665 million for a $4.5 billion Jakarta hyperscale campus, and Bridge Data Centres committing up to $3.9 billion to build 2+ GW of AI-ready capacity in Singapore by 2030.

Mobility sees bold moves as Travis Kalanick emerges from stealth with Atoms and eyes an acquisition of Anthony Levandowski's AV startup Pronto, while Wayve, Uber, and Nissan ink an MOU to launch AI-powered robotaxis on the Uber app in Tokyo by year-end. On the energy front, Alphabet closes the largest clean energy acquisition in tech history — a $4.75 billion deal for 3.6 GW of renewables — as Eaton backs smart-panel startup SPAN with $75 million to unclog the residential electrification bottleneck.

Stay sharp,

Mind Robotics Raises $500M for Factory AI Robots
Rivian spin-out Mind Robotics secured 500 million dollars in a Series A co-led by Accel and a16z — just months after a $115 million seed — hitting a $2 billion valuation with AI-driven industrial robots trained on real Rivian factory data. (Read more)

Rhoda AI Exits Stealth With $450M Series A

Palo Alto's Rhoda AI emerged from stealth with $450 million and a $1.7 billion valuation, backed by Premji Invest, to deploy its video-trained robot foundation model for adaptive real-time control in unstructured factory environments. (Read more)

Sunday Raises $165M at $1.15B Valuation for Home Robot

Home robotics startup Sunday closed an oversubscribed $165 million Series B led by Coatue to launch Memo — a $10,000 AI household robot that does laundry, clears tables, and loads the dishwasher — before Thanksgiving. (Read more)

D-Robotics Closes $120M Series B1 for Embodied AI Chips

Horizon Robotics spin-out D-Robotics raised $120 million from Didi, Meituan, Hillhouse, and Temasek-affiliated Vertex Growth to build the "Wintel of robotics" — a full-stack computing platform spanning humanoids, legged robots, and logistics AMRs. (Read more)

LG CNS Takes Strategic Stake in Dexmate (Undisclosed Terms)

LG CNS became the first Korean company to back Santa Clara humanoid startup Dexmate, integrating its 36-DOF "Vega" robot into a full-stack robotics-as-a-service play targeting warehouses, factories, and shipbuilding. (Read more)

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Bridge Data Centres Announces S$5B ($3.9B) Singapore AI Infrastructure Push

Bain Capital-backed Bridge Data Centres is committing up to $3.9 billion to build more than 2 GW of AI-ready capacity in Singapore by 2030 — including Asia's first floating hydrogen power solution for data centers. (Read more)

AIC and KBC Announce $2.1B Ho Chi Minh City AI Data Center

Hong Kong-based AIC and Vietnam's KBC signed an MOU to break ground on a $2.1 billion AI campus in Ho Chi Minh City by April 30, featuring 28,000 GPUs to power Vietnam's sovereign AI compute ambitions. (Read more)

NTT Lands 115 MW in Hyperscale and Enterprise Campus Deals

NTT Data locked in nearly 115 MW of new AI-workload commitments — including a 90+ MW deal with a single unnamed hyperscaler — across Virginia, Chicago, and Sacramento as part of its $10 billion global expansion. (Read more)

SEGRO Signs 50 MVA Powered-Shell Pre-let at Europe's Largest Data Center Hub
SEGRO will develop a 30,000 sq m powered-shell data center at Slough and secured planning approval for a 70 MVA facility in west London, advancing its 2.5 GW+ European land bank for AI infrastructure. (Read more)

Digital Edge Closes $665M Indonesia Green Loan

Digital Edge secured the largest-ever data center green loan in Indonesia — $665 million — to kick off Phase 1 of a 500 MW hyperscale AI campus in Greater Jakarta valued at $4.5 billion. (Read more)

Kalanick's Atoms Near Acquisition of Levandowski's AV Startup Pronto

Travis Kalanick emerged from stealth with robotics company Atoms and is close to acquiring Anthony Levandowski's industrial AV startup Pronto, with reported backing from Uber, in one of tech's most headline-grabbing reunions. (Read more)

Wayve, Uber, and Nissan Sign MOU for Tokyo Robotaxi Pilot

Wayve, Uber, and Nissan will put AI-driven LEAF robotaxis on the Uber app in Tokyo by late 2026 — Uber's first AV partnership in Japan — backed by up to $300 million in milestone capital committed to Wayve's global network. (Read more)

Chinese Robotruck Startup KargoBot Bags $100M+ to Deploy 1,000 Autonomous Trucks
Didi spin-out KargoBot closed a Series B co-led by Horizon Robotics to put 1,000 self-driving freight trucks on China's trunk roads by end-2026, cementing its position in the world's largest autonomous trucking market. (Read more)

Surf Air Places Firm Order for 25 BETA Electric ALIA Aircraft for Hawaii

Surf Air ordered 25 all-electric ALIA CTOL aircraft from BETA Technologies — with options for 75 more — becoming BETA's commercial launch customer and putting zero-emission passenger flights in Hawaii on the calendar before year-end. (Read more)

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Alphabet Closes $4.75B Acquisition of Intersect Power

Google's parent officially closed the largest clean energy acquisition in tech history, adding 3.6 GW of solar and wind projects plus 3.1 GWh of co-located battery storage in Texas and California to its portfolio. (Read more)

Controlled Thermal Resources × Plum IV SPAC at $4.7B

Hell's Kitchen developer CTR is going public via a SPAC merger at a $4.7 billion enterprise value, pairing 650 MW of geothermal baseload power with 100,000 metric tons per year of battery-grade lithium from a single California brine field. (Read more)

Eaton Invests $75M in SPAN Smart Panel Startup

Electrical giant Eaton — with $27.4 billion in 2025 revenues — is putting $75 million into smart-panel startup SPAN and launching joint products in Q2 2026 to eliminate the costly grid upgrades that slow home electrification. (Read more)

Photoncycle Raises €15M ($17.3M) for Seasonal Home Hydrogen Storage
Norwegian startup Photoncycle raised €15 million to bring solid-state hydrogen seasonal storage to homes in Denmark and the Netherlands, turning surplus rooftop solar into long-duration energy reserves for winter. (Read more)