Hardware Deals and Investments
Hardware Deals and Investments
Hardware Pulse
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Vertiv announced it will acquire Italian heat‑exchanger specialist ThermoKey to strengthen its thermal management portfolio for AI‑intensive data centers. The acquisition will expand Vertiv’s capabilities across liquid and air cooling and address the growing heat‑rejection bottleneck in high‑density AI workloads. The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals.
The UK Department for Energy Security and Net Zero (DESNZ) announced a £45 million ($56 million) investment in Sunrise, a 1.4 MW AI supercomputer designed to accelerate fusion energy research at the UK Atomic Energy Authority’s Culham Campus. The supercomputer, built with partners...
Micron Technology, Inc. completed its acquisition of Powerchip Semiconductor Manufacturing Corp's (PSMC) P5 site in Tongluo, Taiwan, adding roughly 300,000 sq ft of 300 mm cleanroom space to its Taiwan operations. The deal, first announced in January 2026, supports Micron's expansion of DRAM and...
Frore Systems Inc. announced the close of a $143 million Series D financing round, bringing its total capital raised to $340 million and valuing the company at $1.64 billion. The round was led by MVP Ventures with participation from Fidelity Management & Research Company,...
Chinese networking hardware provider FS.com completed its initial public offering in Hong Kong, with shares starting to trade on March 23, 2026. The listing follows strong demand for AI-era networking solutions and positions the company for further growth.
Kandou AI, an AI chip startup led by a former Goldman Sachs managing director, raised $225 million in a funding round. Investors include Maverick Silicon, SoftBank Group Corp., Synopsys Inc., Cadence Design Systems Inc., and Alchip, valuing the company at...
Terrapinn, the world’s largest privately owned events company, announced the acquisition of the Future of Memory and Storage (FMS) conference from Conference Concepts Ltd. The sale, completed in March 2026, adds the leading storage‑focused event to Terrapinn’s portfolio, with the...
Nscale announced the acquisition of American Intelligence & Power Corporation (AIPCorp), the owner of the Monarch Compute Campus in West Virginia. Sponsored by Fidelis New Energy and 8090 Industries, the deal adds a 2,250‑acre AI microgrid site to Nscale’s portfolio,...
The UK Semiconductor Centre (UKSC) announced a £6.6 m investment from the Department for Science, Innovation and Technology (DSIT) to upgrade national semiconductor infrastructure. The funding will support 12 projects across the UK, including the development of an AI‑driven electron‑beam lithography...
Tel‑Aviv‑based startup Niv‑AI announced a $12 million seed round to develop sensors and software that precisely measure GPU power usage and improve data‑center efficiency. The round was backed by Glilot Capital, Grove Ventures, Arc VC, Encoded VC, Leap Forward and Aurora...
Bengaluru‑based AGNIT Semiconductors has raised $2.6 million in a seed extension led by Shastra VC, with participation from 3one4 Capital and Zephyr Peacock. The funding will be used to scale production of GaN components and expand into telecom infrastructure and high‑efficiency...
US Data Centers, Inc. (USDC) announced a private capital raise, issuing 3.2 million preferred shares for $800 k, valuing the company at about $10 million. Digi Power X Inc., the majority shareholder, provided the funding, while former Verizon CEO Hans Vestberg joined as...
San Francisco‑based Arycs Technologies announced it has closed a $24 million funding round to develop coherent optical connectivity solutions for AI workloads, aiming to improve bandwidth‑per‑watt and enable distributed AI clusters. The capital will support global expansion of its AI‑focused networking...
Swiss security firm dormakaba announced a strategic investment in U.S. access control company SwiftConnect to broaden its biometric access control market reach. The deal value was not disclosed. The investment will help integrate SwiftConnect's platform with dormakaba's solutions for open,...
Mitsubishi Electric Corporation announced today that it has made a corporate venture investment in Elephantech Inc., a startup developing copper nano‑ink technology for inkjet printing of printed circuit boards. The partnership will enable Mitsubishi Electric to integrate Elephantech’s technology into...
Saudi-based chip design startup Rimal Semiconductors announced it has closed a bridge funding round led by Keheilan Asset Management, with participation from an undisclosed regional investor. The undisclosed amount will be used to expand chip design operations, diversify manufacturing partnerships,...
Upscale AI announced a seed round exceeding $100 million to develop open, interoperable AI fabric solutions built on NVIDIA Spectrum‑X Ethernet switch silicon and its AI‑optimized SONiC software. The funding will support the launch of scale‑out Ethernet systems for heterogeneous...
Amber Semiconductor, a fabless semiconductor company, has closed a $30 million Series C financing round to accelerate its PowerTile™ vertical power delivery solutions for AI data centers. The funding, raised from new and existing investors, will be used to scale...
Sandbar, the AI‑powered note‑taking smart ring startup, announced a $23 million Series A round led by Adjacent and Kindred Ventures. The funding will be used to expand its software and machine‑learning teams and boost marketing as it prepares to ship the Stream...
Croatian drone maker Orqa announced a €12.7 million Series A round led by Expeditions, with participation from AYMO Ventures, Lightspeed Venture Partners, Taiwania Capital and Radius Capital. The funding will be used to expand production, boost R&D, and support global...
Life Electric Vehicles Holdings has completed the acquisition of Rad Power Bikes, taking the e‑bike maker out of bankruptcy. The new owner plans to shift final assembly to a 100,000‑square‑foot facility in the United States, using imported components for domestic...
imec announced a strategic partnership and investment in Atlas Data Storage, becoming a shareholder to accelerate development of permanent DNA‑based data storage. The collaboration combines Atlas' ASIC design and DNA synthesis expertise with imec's nano‑electronics and chip fabrication capabilities. The...
MicroVision Inc announced the issuance of two senior secured convertible notes totaling $43 million. $19.5 million of the proceeds were used to repay existing principal, with the remainder allocated to general operations. The financing was reported during the company's Q4...
Miami-based startup Material Hybrid Manufacturing announced a $7.1 million seed round to fund its HYBRID3D 3D‑printed battery platform. The round was co‑led by Outlander VC and Harpoon Ventures, with participation from GoAhead Ventures, Myelin VC, Demos Capital and Giant Step...
The Japanese government announced it has become the largest shareholder in Rapidus Corp., purchasing a 40% stake for 100 billion yen ($640 million). The investment gives the government 11.5% voting rights and aims to secure a stable domestic semiconductor supply.
Aeva Technologies announced a strategic funding round that raised approximately $150 million, with corporate investors LG Innotek and Apollo. LG Innotek will commit up to $50 million in equity, joint product investment, and capital expenditures to accelerate Aeva’s entry into physical AI markets and...
Airgain announced the acquisition of the high‑power user equipment (HPUE) product line from Nextivity, gaining IP, a customer base and a reseller agreement. The deal was disclosed during Airgain's Q4 2025 earnings call and is expected to be immediately adjusted...
Fabless semiconductor startup optoML announced a $1.8 million pre‑Series A funding round led by Bluehill.VC and A99. The capital will be used to expand hiring and develop its next‑generation AI‑focused chips after completing a 12 nm tape‑out with TSMC. Founder Saravana Maruthamuthu highlighted...
Sophia Space announced a $10 million seed round led by Alpha Funds, KDDI Green Partners Fund and Unlock Venture Partners. The funding will accelerate development of its space‑based edge computers and orbital data centers, including the Tile compute module. The round...
Astera Labs announced the acquisition of Pliops, a data center interconnect technology provider, to establish its first research and development center in Israel. The move aims to bolster Astera Labs' AI connectivity solutions and expand its global footprint. The financial...
Danish deeptech spin‑out Thiax announced it has secured an undisclosed investment from venture fund PSV Hafnium to accelerate development of its real‑time 3‑D X‑ray inspection system for polymer and composite parts. The funding will be used to ready the technology...
SportIQ, a Los Angeles‑ and Helsinki‑based sports tech company, announced a $6.2 million Series A round to fund international expansion and development of its sensor‑enabled smart ball platform. Investors include KB Partners, Koppenberg Management, Match Ventures and Tera Ventures, alongside high‑net‑worth individuals...
Intel announced the completion of a $5.0 billion sale of its common stock to Nvidia, strengthening its balance sheet and strategic flexibility. The transaction, disclosed in Intel’s Q4 2025 financial results, marks a major corporate investment by Nvidia in the chipmaker.
Trane Technologies announced a definitive agreement to acquire LiquidStack, a liquid‑cooling technology provider for data centers. The acquisition will expand Trane’s thermal‑management portfolio and integrate LiquidStack’s solutions globally, targeting high‑density AI workloads. Financial terms were undisclosed, with closing expected in...
Semiconductor startup Vervesemi announced a $10 million financing round aimed at scaling the commercialisation of its product. The funding will support production ramp‑up and market expansion. Details on investors and round stage were not disclosed.
SDI Group plc announced the acquisition of PRP Optoelectronics Ltd for a total consideration of £11.3 million in cash, plus up to £0.9 million deferred, excluding £2.8 million of net cash. The deal adds micro‑LED and LED array capabilities to SDI’s Industrial &...
Sendance, a Linz‑based startup developing flexible sensor systems for medical wearables, announced a new convertible loan investment from Garage Angels. The funding will support further development of its sensor and data platform and accelerate adoption among manufacturers.
German laser‑beam steering startup INLEAP Photonics announced the close of a pre‑seed round, raising an undisclosed amount. The round was led by High‑Tech Gründerfonds (HTGF) with participation from Ventis Capital and other private investors. The capital will be used to...
Zero Point Cryogenics (ZPC), a Canadian maker of dilution refrigerators for quantum research, has announced the start of its first fundraising round. The round aims to fund the company's expansion and further development of quantum cryogenic technology. No amount or...
Honda announced a strategic investment in Texas‑based AI chip maker Mythic to jointly develop a system‑on‑chip for its software‑defined vehicles. The partnership aims to boost computing performance and energy efficiency for automated driving and other SDV functions. Deal terms were...
