Funding Roundup: Vinci, Universal Quantum, Multiply Labs and Mecka Raise a Combined $485 Million
Chip simulation, trapped-ion quantum computers and robot training data drew big checks this week.
Venture money continued to flow into AI-adjacent hardware and robotics this week. Here are the notable rounds.
Vinci: $250 million Series B
Vinci raised $250 million at a $1.5 billion valuation in a round co-led by Advent, Temasek and Xora, with AMD Ventures participating. The company started with AI-driven thermal simulation for semiconductor design. (Source: Vinci via Business Wire)
Universal Quantum: $100 million Series A
Universal Quantum, a 2018 spinout from the University of Sussex, raised $100 million co-led by DCVC and Firgun Ventures. Investors include Singapore's EDBI and Roblox co-founder David Baszucki. The company builds trapped-ion quantum computers using 200mm semiconductor manufacturing processes. (Source: Tech.eu)
Multiply Labs: $75 million Series B
San Francisco robotics startup Multiply Labs raised $75 million led by NantWorks, with AstraZeneca, Lux Capital and Founders Fund participating, bringing total funding past $100 million. Its systems are deployed with AstraZeneca and Legend Biotech. (Source: Business Insider)
Mecka: $60 million Series B
Mecka raised $60 million led by Sequoia, with Nvidia and Microsoft's M12 participating. Founded in 2024, it collects human movement data used to train humanoid and general-purpose robots.
Also notable
- Manus raised more than $500 million after unwinding its proposed acquisition by Meta, according to The Information.
- Vesta, a mortgage AI platform, raised a $30 million Series B led by Conversion Capital.
- Turba Labs raised $52 million across seed and Series A for digital twins of computing infrastructure, the Wall Street Journal reported.