Tissium raises €60M to take its sutureless nerve glue to the US
Tissium raises €60M to take its sutureless nerve glue to the US

Tissium has raised €60M to carry the world’s only FDA-cleared sutureless nerve repair system into US operating rooms. The Paris medtech wants to swap the surgeon’s needle for a dab of light-cured glue. For a severed nerve, the standard repair has barel…

Morgan Stanley doubles its China robot forecast again
Morgan Stanley doubles its China robot forecast again

Morgan Stanley has doubled its forecast for China humanoid robot shipments again, to 50,000 this year. The bank says the machines are moving from stage demos to real factories, shops and restaurants. China’s robots are leaving the showroom and reaching…

xLight’s $350m bet to break ASML’s chip monopoly
xLight’s $350m bet to break ASML’s chip monopoly

xLight, a US-backed startup chaired by former Intel chief Pat Gelsinger, is raising $350m to build an xLight EUV light source that could loosen ASML’s grip on chipmaking. Days earlier, a Dutch rival took aim at Nvidia. Deep-tech chips are hot again. Th…

Cerebras doubled its revenue. The stock fell anyway.
Cerebras doubled its revenue. The stock fell anyway.

Cerebras nearly doubled its revenue and guided 2026 sales above Wall Street’s estimates. Its stock still fell about 10%. The reason was a margin squeeze, caused not by a shortage of chips but by a shortage of buildings. Cerebras just learned the price …

Apple’s suppliers are racing to Hong Kong to fund their robot pivot
Apple’s suppliers are racing to Hong Kong to fund their robot pivot

Two of Apple’s biggest Chinese suppliers are racing to Hong Kong in the same week. Luxshare wants about $3bn, Lingyi just banked $1.1bn. Both are using the cash to pivot from smartphone parts to AI hardware and humanoid robots. The companies that build…

Sentient Foundation launches $42M program to back open-source AGI builders
Sentient Foundation launches $42M program to back open-source AGI builders

For the past several years, the artificial intelligence industry has been moving toward an uncomfortable reality: the most powerful models, infrastructure, and capabilities are increasingly concentrated in the hands of a small number of well-funded com…

A Princeton grad’s $30M AI detector is selling to Superhuman
A Princeton grad’s $30M AI detector is selling to Superhuman

Superhuman, the company that used to be Grammarly, just bought GPTZero, the startup that catches AI writing. The contradiction is the point. As the internet fills with machine-made text, proving something is human is becoming a product. There is a neat…

Hadrian’s reported $7.5bn round and the physical-AI rush
Hadrian’s reported $7.5bn round and the physical-AI rush

Bloomberg says defense-factory startup Hadrian is in talks to raise as much as $1bn at a $7.5bn valuation. Hadrian calls that “inaccurate”. Either way, the rumour shows how hot physical AI and US reindustrialisation have become. Here is a number, and a…

Main Capital raised the Netherlands’ biggest-ever fund on boring software
Main Capital raised the Netherlands’ biggest-ever fund on boring software

While public markets panic that AI will gut enterprise software, a quiet Dutch firm just raised €5.25bn on the opposite bet. Main Capital’s pitch: boring, essential software is exactly where the next decade of value sits. Charly Zwemstra has spent 23 y…

Menlo Ventures raises $3bn on the back of one Anthropic bet
Menlo Ventures raises $3bn on the back of one Anthropic bet

Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. Menlo Ventures’ new $3bn is sold on a receipt. The f…