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As we close out the third week of June, physical AI heats up as Hyundai moves to fully acquire Boston Dynamics for $325 million and XDOF emerges from stealth with $70 million to build the data infrastructure powering next-generation robotics. Data centers keep scaling, with DataBank closing $1.45 billion in dual financing for its Red Oak campus and CPP Investments committing $714 million to India's CtrlS in a bet on the subcontinent's AI-driven colocation boom.

Mobility shifts into gear as Mobileye announces its own robotaxi operating unit — targeting 17,000 driverless vehicles by 2032 — and Uber expands its Lucid-Nuro premium robotaxi program to Houston under a 35,000-vehicle global rollout. In energy transition, CIM Permanent Power closes $600 million for a fully contracted California solar-plus-storage project and SolarSquare seals India's largest-ever residential solar venture round at $53 million.

Stay sharp

Physical AI

$325M Hyundai Deal Would Make Boston Dynamics Wholly Owned

Hyundai is set to acquire SoftBank's remaining 9.65% stake in Boston Dynamics for $325 million, making it a fully owned subsidiary — pending board approval. (Read more)

Shihang Intelligent Raises RMB 1B+ (~$140M) Series A for Robotics Expansion
Shihang Intelligent closed a RMB 1 billion+ Series A to scale marine and underwater robotics R&D and expand globally. (Read more)

$70M XDOF Round Funds Robot Training Data Infrastructure Buildout

XDOF emerged from stealth with $70 million from top-tier VCs to build the data pipelines and annotation tools powering next-gen robotics. (Read more)

$30M Powerus Investment Scales Autonomous Drone Manufacturing Infrastructure
Unusual Machines invested $30 million in Powerus to expand U.S.-based autonomous and counter-drone manufacturing capabilities. (Read more)

Data Centers & IT Services

DataBank Closes $1.45B Dual Financing for Red Oak Colocation Campus

DataBank secured $1.45 billion across 2 simultaneous deals, pushing total Red Oak campus financing to $2.65 billion and adding 60MW of capacity. (Read more)

CPP Investments Commits ~$714M to India's CtrlS Data Centres

Canada's CPP Investments is deploying $714 million into CtrlS via a stake acquisition and a joint venture targeting India's AI-driven data center boom. (Read more)

TAR Raises $27M Seed for Plug-and-Play Data Center Power

TAR raised $27 million to build modular, off-grid renewable power systems for data centers — bypassing traditional grid queues entirely. (Read more)

General Atlantic Buys $25M Stake in Westcon-Comstor Globally

General Atlantic is recapitalizing Westcon-Comstor with a $375 million debt facility and a $25 million equity stake, unlocking ~$434 million for Datatec shareholders. (Read more)

Mobility

Mobileye Announces Plans for Vertically Integrated Robotaxi Unit

Mobileye is pivoting to operate its own robotaxi fleet — starting with ~100 vehicles in 2027 and targeting 17,000 by 2032 — sending shares up 5–6%. (Read more)

Cargofy Raises $11M to Replace Freight Dispatchers With AI Workers

Kyiv-based Cargofy closed an $11 million Series A to deploy AI workers across freight operations, backed by Intercom co-founder Des Traynor. (Read more)

Uber Expands $1B Lucid-Nuro Robotaxi Commitment to Houston

Uber, Nuro, and Lucid are bringing their premium driverless service to Houston by mid-2027, the second city in a 35,000-vehicle global rollout. (Read more)

GreenWay Secures €138M ($157M) Debt to Expand CEE EV Charging Network

GreenWay locked in €138 million in green debt, backed by ING and the EBRD, to grow its EV charging network across Poland, Slovakia, and Croatia. (Read more)

Energy Transition

CIM Permanent Power Closes $600M for 246 MW California Solar–BESS

CIM's Permanent Power closed ~$600 million in construction financing for a fully contracted solar-plus-storage project in California's San Joaquin Valley. (Read more)

EIB Completes €250M ($285M) Backing for Lithuania's 313 MW Kelmė Wind Farm
The EIB completed €250 million in financing for the Baltics' largest onshore wind farm — delivered entirely without government subsidies. (Read more)

SolarSquare Raises $53M Series C, India's Biggest Residential Solar VC Deal
SolarSquare closed India's largest-ever residential solar venture round at $53 million, led by B Capital, pushing total funding above $100 million. (Read more)

Eclipse Raises €20M ($22M) Series A Co-Led by BNP Paribas for European BESS Rollout

Eclipse raised €20 million, co-led by BNP Paribas, to deploy battery storage projects and scale its Flowstream optimization platform across France and Belgium. (Read more)

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