US firm ChipAgents expands Series A funding to $134 million
The funding will support ChipAgents' next phase of expansion as the company scales customer deployments, grows its engineering and go-to-market teams, and accelerates development of its AI-native semiconductor design platform.
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Waaree secures $17 million order for medium voltage skids
The 8.3 MVA MV skid is a plug-and-play, containerised solution developed by Waaree Transpower specifically for BESS applications. The complete solution is integrated within a 20-foot container, enabling efficient transportation, installation and deployment.
Heron plans $100M factory for next-gen power electronics in US
Heron Power has selected Morgan Hill, California as the home of its first large-scale factory and expects to add more than 600 jobs in advanced manufacturing, engineering and operations roles in California.
EMS provider Norautron acquires Jaltek, establishes UK presence
The acquisition marks an important step in the Norwegian company's international growth, establishing a presence in the UK while expanding the Group’s advanced electronics manufacturing capacity and strengthening its technical and design capabilities.
Indian electric mobility startup Yulu secures $93 million
The proceeds will be deployed to quadruple Yulu’s active fleet, expand service hubs and deepen strategic enterprise partnerships. The Bengaluru‑based startup also plans to launch an electric scooter targeting e-commerce logistics, bike taxis and parcel delivery.
US startup Ravee Optics secures $6 million in seed round
The company’s initial focus is addressing the limitations of current satellite communication technology by building optical communication systems designed for scale. Its hardware is smaller, lighter, and easier to produce in large volumes.
Air taxi firm Joby acquires Resonant Sciences for $500 million
By bringing together the companies’ complementary aerospace engineering capabilities, the combination will create a scaled defense growth platform that accelerates autonomy and expands the applications for Joby Aviation’s technology.
Lohia partners with Massivit, to invest up to $10M in manufacturing unit
The investment will support an ongoing expansion of the company’s manufacturing infrastructure in Kanpur in the northern Indian state of Uttar Pradesh, where a new 250,000-square-foot facility is being developed alongside its existing 80,000-square-foot plant.
Canada’s Stathera raises $55 million to scale silicon timing
Stathera will use the proceeds to fund mass production of its GEN2 silicon timing portfolio while accelerating development of its next-generation platform for AI data centers and growing the company’s engineering and commercial teams.
Navitas files patent infringement lawsuit against Renesas
The lawsuit comes weeks after Japanese semiconductor company Renesas sued US-based Navitas in the California federal court, claiming the company poached its employees to steal trade secrets for developing next-gen GaN chips.
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