Citi Fuels Nebius With $3.5B for AI Cloud

Plus: CBRE buys Onnec for $1B; Bedrock raises $600M

October 27, 2026

Here are the key insights for the last week of Mavka Report coverage:

  • Physical AI: Dream Labs secured a $90M seed round for foundation robotics.
  • Data Centers & IT Services: CBRE agreed to acquire Onnec for up to £760M ($1.01B) to scale critical data center engineering.
  • Smart Mobility: Hertz spinout Oro Mobility landed $80M in equity funding to expand management infrastructure for shared mobility.
  • Energy Transition: Optivolt closed a $32M Series A round to scale manufacturing of intelligent solar hardware.
  • Proptech: Mogul raised $15.5M in Series A funding at a $126M valuation.
  • Aerospace & Defense: Reflex Aerospace announced a $54M round to expand manufacturing for defense satellite bus platforms.

Physical AI

Eka Robotics Raises $150M for Dexterous Robot Hands
Eka Robotics secured $150 million in Series A funding to expand models and accelerate deployment of high-speed manipulation systems.
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Reliable Robotics Lands $115M for Autonomous Flight Systems
Securing $115 million in combined financing, Reliable Robotics will advance FAA certification and scale pilotless commercial cargo aircraft operations.
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Dream Labs Secures $90M Seed for Foundation Robotics
Ex-Nvidia researchers secured $90 million in seed capital to launch Dream Labs' universal robot-control platform.
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Formic Raises $50M to Expand Production Physical AI
Formic closed $50 million in capital to transition factory automation into general-purpose physical AI across domestic manufacturing environments.
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Data Centers & IT Services

Nebius Secures $3.5B Credit Facility Led by Citi
Arranged by Citi, Nebius secured a $3.5 billion facility to finance global GPU clusters and hyperscale data center capacity.
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CBRE Acquires Data Center Provider Onnec for £760M ($1.01B)
CBRE agreed to acquire Onnec for up to £760 million to scale critical infrastructure engineering across hyperscale facilities.
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Pilot Fiber Acquires Boldyn Networks and Secures $330M
Pilot Fiber acquired Boldyn Networks' enterprise fiber assets while securing $330 million from Fengate Asset Management.
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Smart Mobility

Neolix Completes ~$400M Series E Financing Round
Closing a nearly $400 million Series E round, Neolix will expand global operations and scale commercial RoboVan deployments.
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Reliable Robotics Secures $115M Series D Capital Expansion
Reliable Robotics raised $115 million to scale autonomous flight operations and accelerate commercial uncrewed aviation deployments across cargo networks.
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Hertz Spinout Oro Mobility Lands $80M Equity Funding
Backed by institutional investors, Oro Mobility secured $80 million in equity funding to expand management infrastructure for shared mobility.
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Energy Transition

Pivot Energy Closes $500M Facility for Community Solar Scaling
Nuveen provided Pivot Energy a $500 million credit facility to finance construction across 1,900 distributed generation solar assets.
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Peak Energy Secures $108M to Expand Sodium-Ion Batteries
General Motors Ventures led a $108 million Series B round to scale up sodium-ion battery storage for utility grids.
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Optivolt Raises $32M Series A for Solar Hardware
VXI Capital led Optivolt's $32 million Series A round to scale manufacturing of intelligent hardware designed for solar panels.
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PropTech

Bedrock Robotics Secures $600M in Series C Financing
Led by CapitalG and Emergence Capital, Bedrock Robotics raised $600 million to accelerate deployments of autonomous construction equipment.
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Mogul Secures $15.5M Series A Real Estate Round
Mogul closed a $15.5 million Series A round led by Draper Associates at a $126 million valuation.
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Aerospace & Defense

ASI Secures $325M Series C for Dual-Use Aviation AI
The Boston-based company raised $325 million to expand AI situational-awareness software across civil air-traffic, defense, and energy grids.
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Xona Space Systems Secures $250M
Xona Space Systems closed $250 million in Series D equity to manufacture and deploy its commercial positioning constellation.
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Reflex Aerospace Closes $54M Series A Satellite Round
Announcing a $54 million financing round, Reflex Aerospace will expand manufacturing facilities producing defense bus platforms.
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Vitaly M. Golomb

CEO & Managing Partner

AI, Robotics, Mobility, Energy Transition

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