Wolfspeed Raises $476M in Private Placement of Convertible Notes, Common Stock and Pre‑funded Warrants
Wolfspeed Inc completed a private placement raising approximately $476 million in aggregate gross proceeds, consisting of convertible 1.5‑lien senior secured notes, common stock and pre‑funded warrants. The proceeds were used to reduce the senior secured note balance by about 43% and lower total debt principal by $97 million, strengthening the company’s capital structure.
Pavestone VC Invests $5M in AI Compute Startup Tsavorite
Hyderabad‑based venture capital firm Pavestone VC has invested $5 million in deep‑tech AI compute startup Tsavorite Scalable Intelligence. The funding will accelerate product development and go‑to‑market efforts for Tsavorite’s full‑stack AI compute platform. The round was announced on Monday, with Pavestone...
Marvell Acquires Polariton Technologies to Boost Photonic Interconnects
Marvell announced the acquisition of Polariton Technologies, a provider of plasmonic-based modulation technology, to enhance its optical interconnect portfolio for AI data centers. The recent deal adds advanced modulation capabilities and supports Marvell's strategy to scale bandwidth and power efficiency...
Graphenory Raises $1.5M Seed Round
Japanese startup Graphenory completed a ¥240 million (≈$1.5 million) seed round, with investors SBI Investment, Keio Innovation Initiative, Mobile Internet Capital, Mizuho Capital, Fidea Capital and Deepcore. The funding will accelerate talent acquisition and technology development for its graphene‑based optical devices targeting...
Medtronic Completes $585M Acquisition of CathWorks
Medtronic announced the completion of its acquisition of CathWorks, a developer of AI‑driven coronary artery disease diagnostic devices, for $585 million. The deal expands Medtronic’s interventional cardiology portfolio and adds the FFRangio system to its global offerings. The acquisition was reported...
Park Systems Acquires Rocky Mountain Nanotechnology to Enter AFM Probe Manufacturing
South Korea's Park Systems completed the acquisition of Utah-based Rocky Mountain Nanotechnology, a maker of ultra-high-purity AFM probes. The deal marks Park Systems' first entry into probe manufacturing, with plans to establish a dedicated production facility in South Korea while...
Dutch Quantum Startup Groove Quantum Raises $17.6M to Advance Scalable Chip Manufacturing
Groove Quantum, a Delft‑based quantum computing startup, announced a €16 million ($17.6 M) funding round. The round was co‑led by Innovation Industries and 55 North, with participation from Verve Ventures and the European Innovation Council Fund, and includes €6 million in grants from the...
InnovMetric Announces the Acquisition of Digisens’ Intellectual Property
InnovMetric, a provider of 3D metrology solutions, announced the acquisition of the intellectual property of French tomography specialist Digisens, bringing its software developers into the InnovMetric group. The deal aims to strengthen InnovMetric's industrial computed tomography capabilities and integrate CT...
Exosens Acquires Emberion to Expand SWIR Imaging Portfolio
Exosens, a European high‑tech electro‑optical company, has completed the acquisition of Emberion, a developer of CQD‑based short‑wave infrared sensors. The deal adds scalable SWIR imaging technology to Exosens’ portfolio, enhancing its capabilities across the full light‑detection spectrum and targeting applications...
Lenovo Buys Phoenix’s Firmware Business To ‘Strengthen’ PC Engineering And Control
Lenovo announced it has acquired Phoenix Technologies’ firmware BIOS business, including its intellectual property and expertise. The acquisition brings firmware development in‑house, giving Lenovo greater control over BIOS, enhancing security and accelerating innovation across its PC and AI‑enabled device portfolio....
Lightelligence Goes Public on Hong Kong Stock Exchange, Valued at $10.2B
Lightelligence, a silicon photonics AI chip maker, listed on the main board of the Hong Kong Stock Exchange on April 28, 2026 under code 1879. The IPO valued the company at over HKD 80 billion (approximately $10.2 billion), making it the first publicly...
OpenLight Secures $50M in Extended Series A Funding
OpenLight, a silicon photonics startup, raised an additional $50 million in an extended Series A round, bringing its total funding to $84 million. The round was led by Matter Venture Partners with participation from Acclimate Ventures, Catapult Ventures, and existing backers Xora Innovation,...
Vertiv Acquires Strategic Thermal Labs to Boost Liquid‑Cooling Capabilities
Vertiv announced the acquisition of Strategic Thermal Labs LLC, a specialist in advanced liquid‑cooling technologies, to strengthen its thermal‑chain strategy for AI and high‑performance computing workloads. The deal adds cold‑plate design and high‑density validation expertise, enhancing Vertiv’s ability to simulate...
Cnuic Raises $3M Pre‑seed Round Led by Tensor Ventures
Edinburgh‑based photonic chip startup Cnuic secured $3 million in pre‑seed funding, led by Tensor Ventures with participation from Blank Space Ventures, Silicon Roundabout Ventures, Phasechange, SANDS and Superlative. The capital will accelerate development of its novel photolithography device for next‑generation photonic...
Altair Semiconductor Raises $50M in Funding Round Led by Pitango Group as It Spins Off From Sony
Altair Semiconductor has become an independent company after a strategic spinoff from Sony Semiconductor Solutions. The company secured a $50 million funding round led by Pitango Group, with Sony remaining a shareholder. The capital will support Altair’s 5G IoT and physical...
Avery Dennison Invests $75M in Wiliot to Boost BLE Sensor Capabilities
Avery Dennison Corp. announced a $75 million minority investment in Wiliot, a provider of passive Bluetooth low‑energy sensors for supply‑chain visibility. The strategic corporate venture aims to combine Avery Dennison’s RFID expertise with Wiliot’s BLE technology to expand digital identity...
Intel Repurchases 49% Stake in Fab 34 From Apollo Management for $14.2B
Intel completed the repurchase of the 49% minority stake in its Fab 34 foundry in Ireland from private‑equity firm Apollo Management. The deal, valued at $14.2 billion, was executed in early April 2026, reversing a prior $11.2 billion sale and giving Intel full...
Audiotonix Acquires DPA Microphones
Audiotonix, a pro‑audio group, announced the acquisition of DPA Microphones, expanding its portfolio alongside brands such as Wisycom and Calrec. The deal, disclosed at the 2026 NAB Show, aims to consolidate market positions and drive innovation across professional audio solutions....
Marki Microwave Acquires LintrinsIC Semiconductors to Advance High-Power RF Switching Capabilities
Marki Microwave announced it has acquired LintrinsIC Semiconductors, a Boston‑based fabless semiconductor firm specializing in high‑power, ultrafast RF switching using SOI CMOS technology. The deal expands Marki’s portfolio of RF and microwave components for test, measurement, defense, satellite communications and...
Skydio Raises $110M in Series F Funding Round
Drone maker Skydio announced it raised $110 million in a Series F financing round, lifting its valuation to $4.4 billion. The round closed a day before the company pledged $3.5 billion to expand U.S. manufacturing. Investors were not disclosed, though prior backers include Nvidia,...
Tesla to Acquire Undisclosed AI Hardware Company for Up to $2 B
Tesla disclosed in its Q1 2026 10‑Q filing that it entered into an agreement in April to acquire an undisclosed AI hardware company for up to $2 billion in Tesla common stock and equity awards, with about $1.8 billion contingent on performance...
HIVE Digital Raises $115M via Zero‑interest Convertible Note to Expand AI Data Centers
HIVE Digital secured $115 million through a zero‑interest convertible note to fund the expansion of Tier III data centers and GPU capacity for AI and high‑performance computing workloads. The capital raise was announced on April 22, 2026, and aims to accelerate the company's AI...
Syenta Raises $26M Series A to Accelerate Chip Interconnect Production
Australian chip manufacturing startup Syenta Inc. announced a $26 million Series A round led by Playground Global and Australia’s National Reconstruction Fund, with participation from Investible, Salus Ventures, Jelix Ventures and Wollemi Capital. The funding will be used to expand production capacity,...
Syenta Raises $26M to Develop AI Chip Packaging Technology
Australian semiconductor startup Syenta announced it has raised $26 million to develop a new manufacturing method that eases AI chip supply‑chain bottlenecks. The funding will support its electrochemical copper‑wiring process and the opening of a new office in Arizona near Intel...
Point2 Technology Secures $76M Series B Extension Led by Maverick Silicon
Point2 Technology, a developer of RF‑based interconnect solutions for AI data‑center infrastructure, announced an extension of its Series B round, raising the total to $76 million. The round was led by Maverick Silicon with participation from NVentures and UMC Capital.
Honeywell to Sell Mobile Computers and Barcode Scanners Division to Brady Corp for $1.4B
Honeywell announced it will sell its mobile computers, barcode scanners, and printing‑solutions division to Brady Corp for $1.4 billion, as part of its portfolio simplification ahead of an aerospace spin‑off. The deal, announced on April 20 2026, expands Brady’s mobility and scanning offerings...
Lenovo Completes Acquisition of Infinidat to Bolster Enterprise Storage
Lenovo Group Limited announced it has completed the acquisition of Infinidat Ltd, a provider of high‑end enterprise storage solutions. The deal, terms undisclosed, expands Lenovo’s storage portfolio and enhances its AI‑ready data infrastructure capabilities. Infinidat will operate as a business...
Molex to Acquire Teramount for Fiber-to-Chip Connectivity
Molex announced an agreement to acquire Israel-based Teramount Ltd., a developer of detachable fiber-to-chip connectivity solutions for high‑volume Co‑Packaged Optics and silicon photonics. The acquisition, expected to close in the first half of 2026, will combine Teramount’s IP with Molex’s...
Amazon Signs Acquisition of Globalstar to Expand Satellite Internet Network
Amazon announced it has signed a deal to acquire US satellite telecom group Globalstar, aiming to bolster its space‑based internet services and compete with Starlink. The acquisition was disclosed on Tuesday, with terms undisclosed. The move comes amid a global...
CamGraPhIC Lands $232M State-Backed Funding to Tackle AI Data Bottleneck
CamGraPhIC, the research arm of 2D Photonics, received $232 million in state‑backed funding approved by the European Commission and provided by the Italian State to develop graphene‑based optical interconnects for AI accelerators and high‑performance computing. The investment, one of Italy’s largest...
Karman Industries Closes $20M Series A to Scale Data‑Center Cooling
Los Angeles‑based Karman Industries announced the closing of a $20 million Series A round led by Riot Ventures. The funding will be used to scale production at its Gigawerx factory and accelerate deployment of its data‑center cooling technology. The round highlights investor...
Peak Quantum Raises $2.4M Pre‑seed Round Led by Cloudberry Ventures
Munich‑based quantum computing startup Peak Quantum announced a €2.2 million ($2.4 M) pre‑seed funding round led by Cloudberry Ventures, with participation from United Founders, QAI Ventures, Golden Egg Check and several angels. The capital will support development of error‑resilient superconducting qubits and...
Helix Earth Raises $12M to Develop Humidity‑control Add‑on for Commercial HVAC
Helix Earth, a Rice University spinoff, secured $12 million in a financing round led by Veriten with participation from Rua Ventures, Carnrite Ventures, Skywriter LLC and Textbook Ventures. The funds will be used to scale manufacturing and accelerate deployment of its...
Deteqt Raises $5M Seed Round Led by Main Sequence
Australian defence startup Deteqt, a University of Sydney spin‑out developing diamond‑on‑silicon quantum chips, closed a $5 million seed round. The round was led by Main Sequence with participation from ATP Fund, BOKA Capital, Beaten Zone Venture Partners, Uniseed and Sydney Uni....
Vertiv Acquires BMarko Structures to Expand Capacity for Manufactured and Converged Infrastructure Solutions
Vertiv, a global provider of critical digital infrastructure, announced the acquisition of BMarko Structures LLC, a U.S.-based custom‑engineered structural fabrication company. The deal integrates BMarko’s fabrication capabilities into Vertiv’s Infrastructure Solutions business, boosting engineering and manufacturing capacity for AI‑driven data...
Archangel Lightworks Raises $12.7M Series A to Scale Optical Ground Infrastructure
Archangel Lightworks, a free‑space optical communications specialist, closed a £10 million (≈$12.7 million) Series A round led by Santander Alternative Investments, with participation from the National Security Strategic Investment Fund, Blackfinch Ventures, Oxford Capital, Lycka Limited and Oxford Science Enterprises. The funding will...
Stareep Completes $14.6M Series A Funding Round
Stareep, a smart‑mattress brand within the Dreame ecosystem, announced it closed a second funding round of about RMB 100 million ($14.6 million), valuing the company at RMB 1 billion ($146.2 million). The round, completed early 2026, follows an angel round three months earlier and will fund...
Japanese Government Grants Rapidus an Additional $3.96 Bn for Its 2‑nm Roadmap
On April 11 2026, Japan’s Ministry of Economy, Trade and Industry approved an additional 631.5 billion yen (≈$3.96 bn) for Rapidus to accelerate its 2‑nm semiconductor development, raising total government R&D support to 2.354 trillion yen. The funding backs front‑end, chiplet and packaging projects and coincides with...
Japan Approves $4B Subsidy to Boost Rapidus AI Chip Ambitions
The Japanese government approved an additional ¥631.5 billion ($4 billion) in subsidies for Rapidus Corp., raising total public support to ¥2.6 trillion ($16.3 billion) by March 2027. The funding aims to accelerate Rapidus' development of 2‑nm AI chips and secure customers such as Fujitsu, positioning...
TLB Launches $92M Rights Offering to Fund Vietnam Plant Expansion
South Korean PCB maker TLB announced a rights offering of about 120 billion won (≈$92 million) to fund a second plant in Vietnam and double its PCB capacity. Daishin Securities and Kiwoom Securities will underwrite the offering, with a record date of...
SiFive Raises $400M in Series G Round, Valuing Company at $3.65B
SiFive announced a $400 million Series G financing that values the RISC‑V CPU designer at $3.65 billion. The capital will fund high‑performance CPU IP, expand the software ecosystem, and enable large‑scale deployment for agentic AI workloads in data centers. The round highlights growing...
Horizon Quantum to Acquire 256‑Qubit Trapped‑Ion System From IonQ
Horizon Quantum announced it will acquire a 256‑qubit trapped‑ion quantum computer from IonQ, expanding its hardware‑agnostic platform for quantum software development. The system offers all‑to‑all connectivity and 99.99% gate fidelity, positioning Horizon Quantum among a few organizations with multi‑modal commercial...
Lightelligence Files Prospectus for Hong Kong IPO
Shanghai‑based optical interconnect firm Lightelligence has filed a prospectus to list on the Hong Kong Stock Exchange, joining a wave of AI and chip IPOs in China. The company, which raised RMB 300 million in its last funding round and counts investors...
SK Hynix Makes Strategic Investment in Semidynamics to Advance Memory‑centric AI Inference
Semidynamics announced a strategic investment from SK hynix to co‑develop memory‑centric AI inference processors. The partnership will support future tape‑outs and system‑level development, accelerating Semidynamics’ memory‑first architecture for large‑scale inference workloads. The deal amount was not disclosed.
NVIDIA Invests $2 Billion in CoreWeave to Accelerate AI‑native Cloud Platform
NVIDIA announced a $2 billion equity investment in CoreWeave, the AI‑native cloud provider, as part of a partnership to deploy next‑generation NVIDIA infrastructure on CoreWeave’s platform. The investment, disclosed at GTC 2026, aims to accelerate CoreWeave’s AI factory build‑out and expand...
Stellanor Datacenters Acquires Imagination Technologies Data Centre in UK
Stellanor Datacenters announced the acquisition of a specialist data centre facility from Imagination Technologies, structured as a sale‑and‑service‑back agreement. The deal expands Stellanor’s UK footprint to 11 sites, enhancing its capacity to support AI and GPU workloads.
D-Matrix Acquires SuperNODE and FabreX From GigaIO
Chip startup d-Matrix has completed the acquisition of GigaIO's SuperNODE platform and FabreX AI fabric, along with rack‑scale engineering talent. Financial terms were undisclosed. The deal expands d-Matrix's AI inference capabilities while GigaIO pivots to edge AI with its Gryf...
Pan‑International Industrial Corp Invests $39M in Belgian Axial‑flux Motor Maker Magnax
Pan‑International Industrial Corp, a Foxconn Group member, together with Foxconn, announced a €35.5 million ($39 million) investment in Belgian motor manufacturer Magnax, making Pan‑International the largest shareholder. The funding will support industrialisation and high‑volume production of Magnax’s yokeless axial‑flux motors, with manufacturing...
Data Center Switch Maker Aria Networks Raises $125M
Aria Networks, a startup building AI‑focused data center switches, closed a $125 million funding round. The round was backed by Sutter Hill Ventures, Atreides Management, Valor Equity Partners and Eclipse Ventures and will fund its Deep Networking product portfolio. The raise...
Sonibel Raises $1.6M Pre‑seed Funding Led by Maple VC
Sonibel, a startup that uses acoustic sensors and machine‑learning to detect welding errors, announced a $1.6 million USD pre‑seed round. The round was led by Maple VC with participation from Champion Hill Ventures and Dorm Room Fund, along with undisclosed strategic...