Stefan Hofschen named as new CEO of Swissbit September 16, 2025 Swissbit AG has appointed Dr. Stefan Hofschen as its new Chief Executive Officer, effective January 1, 2026. He will succeed Silvio Muschter, who will transition to the newly created role of Group Chief Technology Officer.
Finnish satellite company raises €45M to expand manufacturing September 16, 2025 Helsinki-based space technology company ReOrbit has closed a EUR 45 million Series A funding round to scale production of sovereign satellites and connected systems for national security.
Indian cleantech startup QuantE Energy raises $500,000 September 16, 2025 QuantE Energy plans to use the fresh funding to democratize access to clean, affordable, and smart energy for the residential sector, including housing societies in major cities.
Fort Robotics secures additional $18.9M in Series B round September 12, 2025 This new capital will accelerate the US company’s goal of empowering machine builders and users with safe, secure, and dynamic control, particularly as autonomous systems become increasingly prevalent across global work sites.
X-FAB opens new cleanroom at its Malaysian site September 12, 2025 X-FAB has officially opened a new manufacturing line at its Sarawak facility. This expansion – representing a USD 600 million investment – has added 6,000 square meters of cleanroom space and was completed in just two years, from groundbreaking to the first production lots.
Greenvoltis secures funding to advance AI-powered energy innovation September 12, 2025 This investment will enable the Swedish company to accelerate the evolution of its core technology platform, reinforce its leadership in the European flexibility market, and support the region’s urgent shift toward a sustainable, renewable-based energy system.
Smartwatches drive micro LED adoption September 11, 2025 Micro LED penetration in consumer electronics is accelerating. Following Samsung’s launch of its 140-inch Micro LED TV in 2023, Garmin is set to introduce the Fenix 8 Pro smartwatch with Micro LED in 2025, alongside Sony Honda’s planned 30-inch automotive display in its Afeela model at the end of the same year.
Scintil raises €50 million to scale integrated photonics for AI factories September 10, 2025 The funding enables France’s Scintil Photonics to expand hiring, accelerate production and deepen its international presence as it delivers the industry’s first single-chip DWDM light engine, integrating multi-wavelength lasers with silicon photonics, aligned with next-generation CPO.
TDK launches compact thin-film inductors for optical transceivers September 10, 2025 The new component achieves the highest standard performance for an inductor with 10 μH in 1206 size with TDK’s proprietary metallic magnetic materials and structural designs.
Leadership change announced at Benchmark Electronics September 08, 2025 Benchmark Electronics has announced in a press release that its President and CEO, Jeff Benck, will retire on March 31, 2026. Benck has led the company since 2019, a period marked by organizational changes and expansion of engineering and manufacturing capabilities. He will remain with the company as an advisor until March 31, 2027, to support the leadership transition.
Indian battery-tech startup Offgrid raises $15 million September 08, 2025 The funds will be used to set up a 10 MWh demo manufacturing plant in the UK, further its R&D pipeline for next-gen stationary energy storage solutions, and commercialise its patented ZincGel batteries through certification, testing, and finalizing the blueprint for a giga-factory.
HappyRobot raises $44M to build AI workforce for the real economy September 05, 2025 The US company will use the capital to grow its product engineering, forward-deployed engineering, and go-to-market teams; enhance its platform’s functionality; and continue building the AI workforce.
IQM raises €275 million in round led by Ten Eleven Ventures September 04, 2025 The additional capital enables the Finnish quantum computing company to enhance its presence in the US market and further access key global markets to serve the growing demand in IQM’s products.
Loft Dynamics secures $24M to advance pilot training with VR September 04, 2025 With this latest investment, the Virtual Reality (VR) flight training company is applying its cutting-edge technology and regulatory credibility to transform airline pilot training at scale.
LTTS teams up with SiMa.ai to accelerate AI-led innovation September 03, 2025 Under this agreement, SiMa.ai will deliver industry-leading AI hardware and software solutions by leveraging L&T Technology Services’ core engineering capabilities and human capital investments across areas such as mobility, healthcare, industrial automation and robotics.
Phasecraft raises $34M to advance quantum computing solutions September 03, 2025 The new funding, which brings the total raised to over USD 50 million including grant funding, will allow the company to double down on its R&D breakthroughs and expand industrial efforts, building real-world solutions for end users.
Shoucheng sets up Robotics Advanced Materials Company September 02, 2025 The Hong Kong-based Advanced Materials Company will primarily target core materials such as electronic skin, tendon cables, and lightweight PEEK composites, while advancing investment, joint R&D, and incubation projects.
Australia’s NRN secures $67M in climate tech Series A deal August 28, 2025 With this new funding, NRN (National Renewable Network) will accelerate the rollout of its national platform and continue expanding its role as the connective layer between industry, government and regulators.
Neuralzome secures $2.4 million to expand robotic solutions August 26, 2025 Bengaluru-based startup Neuralzome Cybernetic will channel the fresh capital towards research and development in multi-agent autonomy and vision-based navigation, scaling manufacturing, and expanding into foreign markets.
Spaceflux raises €6.2 million to boost space awareness tech August 25, 2025 The new capital will enable the London-based startup to scale its global sensor network, upgrade its flagship Cortex analytics platform and expand commercial delivery of its tracking services to satellite operators, insurers and government agencies worldwide.
TriEye teams up with LITEON to advance SWIR sensing, imaging August 22, 2025 Adopting high-volume, scalable manufacturing strategies, these products provide cost-effective solutions for both consumer and industrial market demands.
Inbound raises $1 million to develop autonomous re-entry spacecraft August 21, 2025 Indian space-tech startup Inbound Aerospace will use the funds to accelerate development of its first re-entry spacecraft, validate core sub-systems, and achieve critical design review milestones.
China’s Daimon raises $14M to develop tactile dexterity in robots August 20, 2025 The fresh capital will be used by Shenzhen-based Daimon Robotics to advance the engineering and large-scale application of high-resolution vision-based tactile perception and dexterous manipulation technologies.
SkyDrive secures $56 million to advance eVTOL ecosystem August 20, 2025 The Japan-based eVTOL (electric Vertical Takeoff and Landing) aircraft manufacturer will use the new funding to strengthen the development team, enhance testing infrastructure, improve operational readiness, and accelerate activities related to certification and development.
Indian startup Olee Space secures $3 million in seed funding August 19, 2025 Olee is a photonics and defense tech startup that builds next-generation systems in Free-Space Optical Communication (FSOC), quantum-encrypted networking, and directed energy weapons.
Gixel raises €5M to advance AI and AR wearable tech August 18, 2025 German startup Gixel’s optical engine delivers smartphone-level image quality in a form factor small enough for normal-looking glasses—without the compromises of waveguides. Designed for all-day wear, Gixel’s tech is more power-efficient, scalable and future-proof.
GRIDSERVE raises $135 million to advance EV charging in UK August 18, 2025 Alongside existing equity and debt facilities, the capital, committed by TPG, Infracapital and Mitsubishi, will support GRIDSERVE in capitalising on long-term opportunities as it continues to accelerate the rollout of high power charging infrastructure across the UK’s busiest roads.
Magnachip CEO steps down as company weighs potential sale August 14, 2025 Magnachip Semiconductor's CEO YJ Kim will step down from his role and the company's board of directors, effective immediately, as the board considers “all strategic alternatives,” including a potential sale. Board Chairman Camillo Martino has been appointed interim CEO.
Ultraviolette raises $21M to accelerate electrification of motorcycles August 14, 2025 The funding round was led by the corporate venture arm of Japan’s TDK Corporation. Bengaluru-based Ultraviolette is expanding its distribution network with a presence in 20 Indian cities and a target of reaching 100 cities by year-end.
Indian startup Xovian raises $2.5 million to build RF satellites August 13, 2025 With this funding, the Bengaluru-based spacetech company plans to launch its first indigenous multi-frequency RF sensor in space, expand its engineering capacity, and scale towards delivering sovereign RF intelligence.
QuamCore raises $26M to build 1-million-qubit quantum computer in single cryostat August 11, 2025 QuamCore has developed a fully designed and simulated architecture capable of scaling to 1 million qubits — in a single cryostat. This milestone fundamentally changes the economics of quantum computing by eliminating the need for massive multi-cryostat infrastructure.
Jeh raises $11M to advance next-gen aerospace manufacturing August 11, 2025 Jeh Aerospace, a startup with operations in the US and India, is building precision manufacturing powered by software-defined manufacturing. It leverages friend-shoring to combine access to the US market with India’s talent pool.