American venture capital firm
Slate Auto has unveiled a bare‑bones two‑seat electric pickup with a $24,950 base price and a two‑row SUV conversion starting at $29,950. The company has raised the base EPA range estimate to about 205 miles, is taking preorders with a $300 deposit, and plans production to begin in late 2026 with direct online sales.
General Intuition has raised $320 million at a $2.3 billion valuation, backing a world-model AI that can plan in real-world spaces. The funding supports its push into physical AI, training on gameplay before applying to real-world robotics.
Three robotics and automation startups have raised significant funding this week, underscoring a shift toward automated manufacturing across diverse sectors. Munich-based microagi has secured $55 million in a seed round led by Hummingbird, while Senra instrumentalizes wire harness automation in aerospace and defense with a $65 million Series B. The funding underscores a broader push to standardize and scale automated production amid labor shortages and reshoring pressures.
The Times of Israel reports Team8 has secured a fresh funding round led by global investors, expanding its assets to nearly $2 billion. The third venture fund will invest in Israeli-founded AI startups across cybersecurity, software infrastructure, fintech and digital health, with additional dollars allocated to follow-on investments.