Crusoe, a Denver-based AI infrastructure firm, secured $3.9 billion in a Series F round, reaching a post-money valuation of $30.9 billion. The company manages over 6 gigawatts of contracted capacity and reports $140 billion in contracted value. Investors include Nvidia, Founders Fund, and Mubadala Capital.
In China, EVAS Intelligence raised nearly RMB 2 billion for its RISC-V cloud AI chips, achieving a valuation of approximately RMB 15 billion. The company has already moved its first Epoch processors into volume production. Over 20 investors participated in the round, including Hengxu Capital and Huatai Innovation.
Zhongke Guosheng, a Qingdao-based developer of 20–50 MW light gas turbines, closed a RMB 600 million Series C round led by Sequoia China and JIC Investment. The company reported revenue exceeding RMB 100 million in 2025 and is expanding its services to include maintenance and power-station engineering.
Boston-based medical device company AVAVA raised $45 million, consisting of $30 million in equity and a $15 million debt facility. Additionally, Manchester-based Ryft secured £20 million for its payment infrastructure, while Singapore’s dtcpay reached a total of $25 million in its Series A round.
Munich-based security startup Arcos raised €5.5 million to protect physical infrastructure. Other Chinese deep-tech activity included Arclight Quantum raising over RMB 100 million, Xili Optoelectronics securing RMB 100 million-scale funding, and Shutu Technology raising nearly RMB 100 million.
