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Stage · Medium2 sourcesTech
redalpine closes $250M early-stage fund to back about 20 European startups
Zurich-based venture firm redalpine closed its eighth early-stage fund, redalpine capital VIII (RAC VIII), at $250 million, which it described as oversubscribed.
Stage · Medium2 sourcesTech
20,000 km of tape for one test fusion machine: Proxima's Japan deals are non-binding
Proxima Fusion says its planned Alpha test machine will need about 20,000 kilometres of high-temperature superconducting tape, and each commercial Stellaris power plant about 40,000 kilometres.
Stage · Medium3 sourcesTech
Hypersonica's €100M Series B: €126M raised in total, first test flight in February
Hypersonica, a British-German defence startup headquartered in Wessling near Munich, raised €100 million in a Series B round co-led by US investors Lightspeed and General Catalyst.
Unverified3 sourcesTech
Oratomic's valuation hit $5.5B, up from $1.5B, three months after its Series A
Oratomic, a California quantum-computing startup founded in 2025, raised $475 million in a Series B, lifting its valuation to $5.5 billion from $1.5 billion, SiliconANGLE reports.
