Investors bet on the power of light, diamonds in the trash, and more
Startups see exits, fundraising, and a sad farewell in tech news.
In the bustling world of startups, significant movements include Table Space's plans for a $2.5 billion IPO and Cyera's acquisition of Trail Security for $162 million. Cyera's funding efforts inch toward $200 million, and Amplitude integrates Command AI through a deal valued over $45 million.
The funding scene sees enthusiasm with X-Energy raising $500 million for nuclear tech and Lightmatter securing $400 million to enhance energy efficiency through photonic chips. Meanwhile, Ookuma Diamond Device plans a $27 million facility for diamond semiconductors, while Fable and OroraTech each raise $25 million for inclusion and wildfire monitoring respectively.
The venture capital domain witnesses 20VC's transition from micro-VC with a $400 million fund, while Nordic VC Node.vc amasses €71 million. Heartbreaking news strikes as the startup fraternity remembers Steve O’Hear's contributions following his untimely demise at 49.