Adiabatic Technologies, a Maharashtra-based startup, has raised ₹8.3 crore in seed funding to build custom lithium-ion batteries for demanding machines like warehouse robots, drones, and defense equipment – the kind of systems where a dead battery means real downtime. The round was co-led by Malpani Ventures and Avinya Ventures, with Appreciate Capital, DeVC, Operators Studio, […]
Valar Atomics has raised a $1 billion Series B led by Sequoia Capital to move its nuclear reactor platform from demonstration into mass production. The company also secured a $200 million credit facility led by Erebor Bank, alongside J.P. Morgan, Crescent Cove and Hercules Capital. Sequoia partner Shaun Maguire will join Valar Atomics’ board. Other […]

Smaller satellites have made space cheaper to access. K2 Space is taking the opposite approach: building larger spacecraft with more power, payload capacity and onboard capability. The Torrance, California-based company has raised a $500 million Series D at a $6.8 billion valuation. The round was led by Kleiner Perkins and ICONIQ, with participation from CapitalG, […]