PsiQuantum broke ground on a new facility in Queensland, Australia for utility-scale quantum computing, and signed a Letter of Intent for $100M of federal incentives under the CHIPS and Science Act.
PsiQuantum breaks ground on Australian facility, signs $100M CHIPS Act LOI
Ashish Gupta published an essay on how proximity to the Bay Area (the epicenter of AI) compounds into an unfair advantage through talent, tribal knowledge, and serendipity.
Karthee Madasamy published an essay on the ~30-point gap between semiconductors and software in public markets, and how MFV Partners has positioned around bottlenecks: inference, memory, power, and networking.
Karthee Madasamy published an essay on why quantum computing requires rebuilding every layer of the classical computing stack, and how each broken layer represents a company opportunity.
Karthee Madasamy: Why Quantum Requires a Full Stack Rebuild
MFV Partners invested in Eka Robotics, a Fund II portfolio company that emerged from stealth. The startup, cofounded by MIT Professor Pulkit Agrawal, builds Vision-Force-Action models for safe human-robot interaction.
Agility Robotics, an MFV Partners Fund I portfolio company, announced its intent to go public through a SPAC merger with Churchill Capital Corp XI at a $2.5B pre-money equity valuation.
Agility Robotics files to go public via SPAC at $2.5B valuation
SUN Mobility secured Series D2 funding from Helios Climate and the Private Infrastructure Development Group, expanding its battery swapping network with 1,000+ stations globally.