Impulse Space Raises $308 Million in Latest Funding Round
THE SO WHAT
Another $308M into Impulse Space—bringing this series to $808M—shows capital is now treating in-space logistics as core infrastructure, not a science project. If your roadmap touches satellites or orbital assets, start planning around a world where repositioning, servicing, and debris management are purchasable services, not bespoke missions.
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MORE FROM THE WIRE
Startups & VentureDelos Data, which develops network chips and software to connect AI chips in a data center, raised $100M from Matrix, Playground, Socratic Partners, and others
A $100M round for Delos Data’s AI networking chips is a bet that the bottleneck is shifting from flops to fabric—how fast you can move tensors between accelerators. If you're planning large training clusters, interconnect architecture and vendor risk now matter as much as your choice of GPU.
Startups & VentureArcee AI built Trinity for about $20m, and investors now value it at $1bn+
A $20M open-weight model effort turning into a $1B+ valuation shows capital is willing to underwrite alternatives to closed frontier models where control and customization matter. If you're an enterprise AI buyer, this strengthens the case for a dual-strategy stack: closed APIs for peak capability, open-weight models like Trinity where governance and cost control are non-negotiable.
Startups & VentureArcee AI, which develops open-weight models in the US, raised a Series B at a $1B pre-money valuation; a source says Arcee raised at least $150M
A $1B pre-money for a 2023-founded open-weight lab that reportedly trained four models for $20M says the market is now pricing capital efficiency and IP control, not just raw scale. If you're an enterprise buyer, expect more credible non-hyperscaler options for custom models—and more leverage in negotiations around data residency and licensing.
Startups & VentureCohere and Aleph Alpha sign a definitive merger agreement; the combined company will operate as Cohere, with Aleph Alpha co-CEO Ilhan Scheer becoming Cohere COO
A Cohere–Aleph Alpha merger creates a transatlantic enterprise AI vendor with both North American and EU sovereignty credentials—exactly what large regulated buyers have been asking for. If you're standardizing on a model provider, this combination strengthens the case for a dual-jurisdiction partner over a purely US- or EU-centric one.