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- 1Vessev unveils electric hydrofoil ferry that almost flies●Vessev built an electric ferry that almost flies Vessev hopes its electric hydrofoil ferry will change the way people an
New Zealand startup Vessev has built an electric hydrofoil ferry that lifts its hull above the water as it moves, cutting drag and energy use. The company hopes the design will change how people and cities think about boats and urban water transport, positioning hydrofoils as a cleaner alternative to conventional ferries.
- 2Sofinnova closes oversubscribed €82 million MedTech startup fund●Sofinnova Partners closes oversubscribed €82 million MD Start IV fund to build new MedTech startups
Sofinnova Partners, the Paris-based venture capital firm, has closed its MD Start IV fund at €82 million, exceeding its original target. The fund will be used to found and back new MedTech startups, following Sofinnova's model of building companies from scratch alongside inventors and clinicians. The oversubscribed close signals continued investor appetite for early-stage medical technology despite a tougher funding climate.
- 3Washington climate tech founders raise funding despite AI-driven investor squeeze▼Washington climate tech founders score funding as AI boom drains investor cash
Climate technology startups in Washington state are securing new funding rounds even as the artificial intelligence boom pulls venture capital away from other sectors. The news highlights a growing tension for founders outside AI: investors are concentrating capital in a handful of AI companies, making fundraising harder for climate and clean-tech firms. The Washington founders' success stands out as a counterexample in a tightening market.
- 4Las Vegas startup turns desert air into water▼Las Vegas startup turns desert air into water, targeting data-center demand
A Las Vegas startup is developing technology that extracts water from desert air, aiming its product at data centers that need reliable water for cooling in the arid Southwest. The venture highlights growing concern over water supply as data-center construction expands across Nevada, and it has drawn local news coverage as an example of climate-adapted innovation serving the tech industry.
- 5
Axios has published its weekly roundup of energy and climate deals, highlighting the latest funding, mergers and investment activity across the clean energy and climate technology sectors. The feature tracks which startups and companies secured capital this week, offering a snapshot of where investors are placing bets in the energy transition. It serves as a regular briefing for those following climate finance and clean tech markets.
- 6Kevin Mandia's security startup Armadin raises $255.5 million▼Kevin Mandia's new 'agent swarm' security startup Armadin raises $255.5M at $2.5B valuation
FireEye founder Kevin Mandia has raised $255.5 million for his new cybersecurity startup Armadin, valuing the company at $2.5 billion. The company is building what it calls an 'agent swarm' approach to security, using multiple AI agents to defend networks. The large round so soon after launch has drawn attention across the tech and venture press.
- 7
Remedium, a Saudi Arabian startup providing carbon accounting services, has raised $1.5 million in a pre-seed funding round. The company helps businesses measure and manage their carbon emissions, a growing area of interest as Gulf economies push sustainability agendas. The funding will support the young company's early development, though details on investors and planned use of the capital have not been widely reported.
- 8Devoted Health raises $1.2 billion to fuel expansion▼Insurer startup Devoted Health raises $1.2B as it revs up growth
Health insurance startup Devoted Health has raised $1.2 billion in new funding as it pushes to grow its business. The Massachusetts-based insurer, which sells Medicare Advantage plans, is one of the larger private fundraises in the sector this year. The round signals continued investor appetite for tech-driven healthcare companies despite a tougher funding climate for startups.
- 9
A new venture fund of more than €70 million has been announced to invest in startups across Central and Eastern Europe, according to The Recursive's CEE Startup & Tech Weekly. The fund is the standout item in this week's regional roundup, highlighting continued investor interest in the CEE tech ecosystem despite a challenging funding climate for early-stage companies in Europe.
- 10MIT Technology Review to release 2026 Climate Tech Companies to Watch list▼Coming soon: Our 2026 list of Climate Tech Companies to Watch
MIT Technology Review has announced it will soon publish its 2026 list of Climate Tech Companies to Watch. The annual roundup highlights startups and emerging firms seen as the most promising in climate technology, spanning areas such as clean energy, carbon removal and industrial decarbonisation. Readers in the climate and investment communities are anticipating which companies will make the cut this year.
- 11
SeaAhead, a venture firm focused on ocean technology, has closed its debut fund, which it will use to invest in startups working on ocean-related innovations such as sustainable fisheries, marine renewables and blue-economy solutions. The closure signals growing investor interest in ocean technology, though details on fund size and backers have not been widely reported.