Arinna builds solar cells specifically for spacecraft and has developed an ultrathin new material that it expects to be far more flexible and more efficient than current technology.
The fundraise includes $1 billion for investing in early-stage startups, and $2.5 billion for late-stage growth businesses.
The six startups were selected from over 2,000 applications and will receive $500,000 to $2 million each.
BKR Capital announced Monday that its Fund II closed $20 million Canadian toward its $50 million target.
As prediction markets explode, the new firm called 5(c) Capital, will back startups supporting the burgeoning category.
London’s Air Street Capital has raised a large Fund III with eyes locked on backing early-stage European and North American AI companies.
Gimlet Labs just raised an $80 million Series A for tech that lets AI run across NVIDIA, AMD, Intel, ARM, Cerebras and d-Matrix chips, simultaneously.
AI startups accounted for 41% of the $128 billion in venture dollars raised by companies on Carta last year — a record-high annual share.
Power has become one of the biggest bottlenecks in rolling out new AI data centers. That’s creating an opening for investors.