Search results for Bain Capital Ventures
AI & Enterprise
Lumilens raises over $700 million at $5.5 billion valuation, aims to replace copper interconnects in data centers
Second-year startup Lumilens has raised more than $700 million at a $5.5 billion valuation, the Wall Street Journal reported. Atrades Management, Bain Capital Ventures, MeritTech, Seligman Ventures and Spark Capital co-led the round, taking total funding above $900 million. The company has begun shipping equipment to an unnamed hyperscaler and contracts could be worth billions of dollars over the next few years. Lumilens aims to replace copper wiring with optical interconnects.
Industry
SpaceX alumni startup Terrafirma raises $115 million for remote construction equipment
Terrafirma, a construction technology startup founded by former SpaceX engineers, has raised $115 million, CNBC reported. Investors include Kleiner Perkins, Bain Capital Ventures, SpaceX, Anduril and Hadrian. The Austin, Texas-based company is developing technology to remotely operate construction equipment using interfaces including an Xbox controller. It says the technology reduces costs and improves safety, and its long-term goal is building infrastructure on Mars.
Industry
Silicon Valley investors back wheeled robots over humanoids amid skepticism
Although enthusiasm for humanoid robots is spreading, skepticism about human-shaped designs is growing among some Silicon Valley investors. They argue that robots tailored to specific tasks are more efficient in industrial settings and that humanoids can be more about demonstrations than practicality. Funding is moving to wheeled general-purpose robots and industrial automation. Supporters counter that successful humanoids could target manufacturing, logistics, services and homes, and investment in the sector is rising sharply.
