Mach Industries wins Navy strike drone contract, closes $300M Series C
Mach Industries won a DIU contract to build the Navy's runway-independent strike aircraft while closing a $300M Series C at $1.8B valuation, signaling venture capital's bet on autonomous weapons manufacturing reaching scale.
Mach breaks the SRM duopoly with $300M and an acquisition
Mach Industries acquires solid rocket motor maker Exquadrum and raises $300M Series C, ending a 30-year two-supplier monopoly that has starved U.S. launch and defense programs of propulsion capacity.
Anthropic raises $65B at $965B valuation, four-way co-led
Anthropic closed a $65B Series H at a $965B post-money valuation co-led by Altimeter, Dragoneer, Greenoaks, and Sequoia, with $15B from hyperscalers including a $5B Amazon check and direct memory-supplier participation from Micron, Samsung, and SK hynix.
Nominal raises $80M, lands $53M Air Force contract
Hardware testing platform Nominal closed Series B-2 at $1B valuation, then secured $53M Air Force IDIQ to standardize DoD test infrastructure, the real inflection point.
HRF Distributes 1.5B Satoshis Across 26 Freedom Tech Projects
Human Rights Foundation's largest Bitcoin Development Fund round ever — 1.5 billion satoshis to 26 grantees — funds privacy infrastructure, remittance bridges, and activist networks across Africa, Asia, and Latin America.
TenneT signs 200 MW battery as grid congestion tool, not energy asset
Dutch grid operator TenneT contracted a 200 MW / 800 MWh battery from GES to dispatch on demand for congestion relief—a structural shift from merchant storage toward dispatchable network infrastructure that European and U.S. regulators are watching.