πŸ“‘ πŸͺ Stoke Space Hits $10B Valuation With $1B Round

Plus: $1.3B for Motive AI, Kyndryl's healthcare M&A

September 16, 2026

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

  • Physical AI: Antioch closed a $32M Series A led by Greylock to accelerate its robotics simulation engine for pre-deployment validation.
  • Data Centers & IT Services: Kyndryl acquired Healthcare IT Leaders for up to $350M to integrate healthcare consulting into its AI infrastructure services.
  • Smart Mobility & Energy Transition: Motive secured over $1.3B in growth financing from General Catalyst to advance its core AI mobility platform.
  • Proptech: Wint raised $36M in Series D funding to globally deploy AI-powered water intelligence systems that prevent structural damage.
  • Defense & Aerospace: Stoke Space raised $1B in Series E financing at a $10B valuation to expand its reusable launch vehicle testing facilities.

Physical AI

Maven Robotics Secures $100M Series A Funding Round
RoboStrategy led a $100 million Series A round to scale logistics and manufacturing robotics.
(Read more)

Antioch Closes $32M Series A Physical AI Round
Greylock backed Antioch with $32 million in Series A funding to accelerate its robotics simulation engine.
(Read more)

Kinetix AI Raises ~$75M for Humanoid Robots
A roughly $75 million Angel round led by Vertex Ventures will power the development of Kinetix AI's full-size humanoid robot.
(Read more)

Data Centers & IT Services

Kyndryl Acquires Healthcare IT Leaders for Up to $350M
To integrate healthcare consulting into its AI infrastructure offerings, Kyndryl acquired Healthcare IT Leaders for up to $350 million.
(Read more)

Buildots Secures $130M Funding to Scale AI Construction
O.G. Venture Partners led a $130 million round for Buildots to scale vision tech tracking data center construction.
(Read more)

AirJoule Acquires BitSink for Up to $67M Total
In a deal valued up to $67 million, AirJoule Technologies acquired data center cooling manufacturer BitSink for $18 million in cash plus earnouts.
(Read more)

Smart Mobility

Motive Secures $1.3B Growth Funding From General Catalyst
General Catalyst provided over $1.3 billion in growth financing to Motive as it advances its AI platform.
(Read more)

Mobileye Leads $130M Series B in Beep
Mobileye backed autonomous shuttle startup Beep in a Series B round, pushing its total raised to $130 million.
(Read more)

Energy Transition

Enel Acquires US Solar Portfolio for $760M
Excelsior Energy Capital sold an 810 MW operational US solar portfolio to Enel for $760 million.
(Read more)

Revolve Acquires US Wind Asset for $10.5M
An operational 9.6 megawatt US wind farm was finalized in a $10.5 million acquisition by Revolve Renewable Power.
(Read more)

Foresight Buys Blackhillock Grid Condenser
To expand its grid stability infrastructure portfolio, Foresight Group bought the Blackhillock Synchronous Condenser from Global Infrastructure Partners.
(Read more)

PropTech

BRKZ Raises $31M to Scale AI Building Procurement
BRKZ raised $31 million in Series B equity and debt to expand AI-powered building material procurement.
(Read more)

Huspy Acquires Luxury Real Estate Firm LuxuryX Agents
Dubai brokerage firm LuxuryX Agents was acquired by Huspy to bring high-end real estate into its tech platform.
(Read more)

Wint Raises $36M Series D for Building Water Intelligence
LIP Ventures and Inven Capital co-led a $36 million Series D round for Wint to scale water management global deployment.
(Read more)

Aerospace & Defense

Stoke Space Secures $1B Series E Space Launch Financing
At a $10 billion valuation, reusable launch vehicle developer Stoke Space raised $1 billion in Series E funding to expand testing facilities.
(Read more)

Ondas Acquires GATE Technologies in $205M Strategic Defense Deal
To expand its precision-strike defense portfolio, Ondas bought GATE Technologies and affiliate Bron Technologies for $205 million upfront.
(Read more)

Poseidon Aerospace Closes $60M Series A for Cargo Drones
TQ Ventures led a $60 million Series A for Poseidon Aerospace to fund uncrewed cargo aircraft flight tests and manufacturing operations.
(Read more)

Bluecore Energy Secures $50M Seed Round for Nuclear Barges
Seed funding of $50 million was raised by maritime nuclear startup Bluecore Energy for floating nuclear power platforms.
(Read more)

Vitaly M. Golomb

CEO & Managing Partner

AI, Robotics, Mobility, Energy Transition

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Misha Edel

Partner

Data Center Infrastructure, Industrial Automation, PropTech, Deep Tech

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Yana Holets

Partner

IT Services, AI Infrastructure, Energy Transition, Defense Tech, Embodied AI & Robotics

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