While climate tech investments are down, Nordic energy startups power ahead
THE SO WHAT
Nordic energy startups outperforming in a down climate cycle suggests capital is rotating toward grid-tied, revenue-visible assets rather than broad climate narratives. If you’re building in energy or infra, anchor your story in contracted offtake, grid integration, and regulatory tailwinds—not generic decarbonization.
READ THE SOURCE
MORE FROM THE WIRE
Startups & VentureExclusive: Samsung, Nvidia, ASML and Scaleup Fund back Mistral in €3bn fundraise
Strategic money from Samsung, Nvidia, and ASML into Mistral is less about one model vendor and more about locking in influence over the next layer of the AI stack. If you’re building on Mistral, assume its roadmap will increasingly be shaped by upstream hardware partners’ priorities around throughput, memory, and deployment patterns.
Startups & VentureAdobe acquires Indian market intelligence startup Rilo
Adobe buying India-based Rilo — its second India acquisition after Rephrase.ai — shows it’s treating India as both a talent hub and a data/insight surface. If you compete in marketing or market intelligence, assume Adobe will keep folding more region-specific data and AI-native workflows into its core cloud.
Startups & VentureUpwind Raises $300 Million at $3.8 Billion Valuation for AI, Cloud Cybersecurity
A $300M round at a $3.8B valuation for AI and cloud security is investors pricing cyber as a first-order dependency of the AI boom. If you’re deploying models into production, assume your security stack will need its own budget line — and that boards will start asking pointed questions about it.
Startups & VentureHuskeys Raises $27M Series A Led by Blackstone to Build a New Security Layer for the Network Edge
A $27M Series A for edge security orchestration says the problem is no longer adding controls, it’s governing the sprawl of CDNs, WAFs, and multi-cloud edges. CISOs should be mapping where policy is fragmented across providers and budgeting for a unifying control plane, not another point product.