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Venture capital is moving into the physical infrastructure behind the next wave of technology. Space communications, advanced semiconductors, autonomous robots, missile technology, and industrial automation dominated the most significant startup funding announcements over the past 24 hours. Northwood Space led the day’s verified dollar-denominated rounds with a $375 million Series C at a $2 billion valuation, while China’s Xinlian Power announced nearly RMB 2 billion in financing for advanced power semiconductors. European defense startup Hypersonica also secured €100 million to accelerate development of hypersonic missile technology The activity extends well beyond those three companies. Chinese automotive technology supplier Gelubo Technology…
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