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.
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NXP breaks ground on assembly and test factory in Malaysia
Adding approximately 500,000 square feet of production space, the facility will expand NXP’s current operations in Malaysia, which are dedicated to supporting the assembly and testing of NXP’s broad product portfolio.
Quantinuum, Oracle to advance hybrid quantum compute adoption
With Quantinuum’s Helios on OCI, customers can expect to gain managed, secure access to cloud-hosted quantum computing without having to procure, install, or operate dedicated hardware or specialized facilities.
UK air defence firm Cambridge Aerospace raises $300 million
The round will support Cambridge Aerospace’s continued exponential growth as the company expands manufacturing capabilities to deliver on existing and new contracts, while continuing to invest in the spiral development of existing products and bringing the next generation of capabilities to market.
Tokyo Electron, Nvidia expand collaboration for agentic AI, robotics
Tokyo Electron (TEL) is collaborating with Nvidia, utilizing Nvidia Agent Toolkit including Nvidia NeMo, Nvidia NIM, Nvidia NemoClaw blueprints and the open robot development platform Nvidia Isaac within TEL’s “Epsira” concept for digital transformation (DX) solutions.
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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.
CATL, Solarpro sign 2 GWh sodium-ion BESS agreement
Leveraging the technology’s unique advantages in low-temperature performance and long cycle life, CATL and Solarpro will explore sodium-ion storage solutions tailored to diverse application scenarios across Central and Eastern Europe.
ZeroAvia, Marshall to advance hydrogen-electric capability in defence
Together, the two companies will seek to integrate scalable, mission-ready hydrogen-electric power and propulsion solutions for defence customers across both new and existing aircraft platforms.
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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