INDIAN STARTUP PREPARES FIRST ORBITAL LAUNCH TEST
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
An Indian launch startup is approaching its maiden orbital test flight, marking a significant milestone for the country's commercial space sector. The company aims to demonstrate reusable rocket technology and reduce launch costs.
■ MORE FROM THE STARTUPS DESK
Chinese robot maker Unitree Robotics is raising $904 million through a Shanghai IPO, pricing shares at approximately $22 each. The company shipped over 5,500 robots in 2025.
CAIS, an alternative asset investment platform, closed a $170 million Series D funding round that values the company at over $2 billion. The round was led by Vista Equity Partners and supported by Allianz Bernstein, Blue Owl, and Carlyle.
Naïve, which builds infrastructure for AI agents to automate business operations, secured $28.5M in Series A funding led by Nexus. The round brings the company's total funding to $32M.
Sydney-based AI data center company Firmus secured $2 billion in funding from Coatue, Nvidia, and other investors at a $10.5 billion valuation, nearly double its April valuation of $5.5 billion.