Facts
- HQ
- United States
- Sectors
- Artificial Intelligence, Materials Science, Semiconductor
European tech raised €8.6B in July across 267 rounds; Germany €3.5B, AI tops sectors with €1.8B
European tech funding in July reached €8.6 billion across 267 rounds, with Germany raising €3.5 billion and AI leading sectors at €1.8 billion; deal volume fell 9% from June while exits rose to 51. Capital concentrated in fewer, larger transactions and major investments spanned defence, robotics, quantum, cloud, fintech and healthcare.
Jeff Bezos’ Bezos Expeditions backs CuspAI as it raises $450M at $2.6B valuation; Nvidia, AMD and Meta sign on as partners
CuspAI raised $450 million at a $2.6 billion valuation in a round backed by Jeff Bezos’ Bezos Expeditions, with Nvidia, AMD and Meta as development partners to use AI for discovering new chip materials. The startup pivots from early work on materials for carbon capture and water purification to addressing material shortages in the AI supply chain.
CuspAI raises US$450M Series B led by Kleiner Perkins and NEA, valued at US$2.6B, launches AI Materials Foundry
CuspAI launched an "AI Materials Foundry," a global research network linking corporate labs, academia and HPC clusters via its MIRA agentic AI to accelerate discovery of advanced materials. The company closed a US$450 million Series B led by Kleiner Perkins and NEA, valuing CuspAI at US$2.6 billion and bringing total funding to over US$650 million to finance international expansion.
Boxabl Lists on Nasdaq as BXBL After $3.5B SPAC Deal; Shares Jump 20% on July 20
Boxabl began trading on Nasdaq under ticker BXBL on July 20 after a $3.5 billion SPAC merger with FG Merger II Corp, and its shares rose about 20% on debut, giving more than 50,000 crowdfunding investors a public price. The tiny-home maker faces scrutiny over scale: filings show it has shipped only 285 of 744 Casitas built despite raising over $230 million.
CuspAI raises $450M Series B led by Kleiner Perkins and NEA, with Bezos Expeditions and UK’s Sovereign AI Fund; values company at $2.6B
CuspAI raised $450 million in a Series B co-led by Kleiner Perkins and NEA, with significant participation from Jeff Bezos’s Bezos Expeditions and the UK’s Sovereign AI Fund, valuing the Cambridge startup at $2.6 billion to expand its AI-driven materials discovery business globally.
Solar Foods raises €77.8M; €500M defence and dual-use EDM fund launched; warnings issued on Europe's silicon photonics
The article reports major European funding activity in 2025, highlighting Solar Foods securing €77.8M, the launch of a €500M defence and dual-use growth fund (EDM), and concerns raised about Europes silicon photonics sector amid broader transport-focused investments like electrification and autonomous systems.
