Satellite Spotlight | Abridge's $300M Med-AI bet + iRocket's SPAC Lift

connecting the deep tech ecosystem with a weekly curated newsletter

space brew

deal flow

seed

• Nevoya raises $9.3M Seed by Lowercarbon to electrify freight & for logistics automation (TC).

• Spaceflux raises $7.3M Seed by UK innovation fund for optical SSA sensors (VS).

• Cascade Space raises $5.9M Seed by YC, Nova, Undeterred for satcom design tool (VS).

• CVector raises $1.5M Pre Seed by Schematic Ventures for industrial operations (TC).

series A+

• Abridge raises $300M Series E by a16z, Khosla Ventures for AI-led medical scribe (TC).

• Asylon raises $26M Series B by Insight Ventures for security-as-a-service robotic guard dogs (TC).

m&a

• 5C secures $835M equity-debt by Brookfield & Deutsche Bank to scale North American data centers (PN).

• MEI Pharma adopts litecoin treasury strategy via $100M take-private bid (DC).

• Windtree Therapeutics enters $500M ELOC for Binance Coin treasury strategy (DP).

• iRocket to go public via $400M BPGC SPAC merger for light-lift payload (WN).

headlines

🚀

• ArianeGroup & CNES partner to expand heavy lift launch & liquid propulsion range (SD).

🤖

• Palantir enters 20 most valuable U.S companies as government revenue rises 45% QoQ (CN).

• Berkshire’s travel & logistics firm explores divestiture of energy sector water management arm (BBG).

🔬

• Neuralink forecasts $1B top line by 2031 across 3 SKUs treating Parkinson’s & blindness for 20,000 customers (LT).

community spotlight

today, 07/29

• HBS x GSB founders happy hour (NYC).

• Tech breakfast club (LA).

• Health tech networking (LA).

wednesday, 07/30

• Defi rooftop party (NYC).

• Metabolic minefield (NYC).

• Tech breakfast club (SF).

thursday, 07/31

• Healthcare hackathon (NYC).

• Cars & capital (LA).

• Women in tech networking (LA).

• Sustainabilty cocktails (LA).

• NVIDIA industrial AI hackathon (SF).

• Tech party (SF).

• Performance wellness meetup (SF).

friday, 08/01

• Founder beach club (SF).

saturday, 08/02

• Matcha meetup (SF).

upcoming

• Palantir engineer social (SF).

Take me to the full events calendar of 2025.

cosmic weekly insights

Exclusive first look: Our space tech search engine!

Meet the market intelligence tool built for space…

for founders to unlock deals & signal

for investors to source deal flow

for government to map the ecosystem

What do you want to search for next?

PSA We are looking for sponsors for future panels! Our events gather hundreds of investors and founders and can bring great visibility.

Dm if you’d like to support us.

💻 Imagining Forward: Market intel, events & more.

🤝 Deep Tech Calendar: Industry events.

✍🏻 Publish & Earn: Share your white papers & op-eds.

☎️ Schedule a call: Goals, partnerships, collabs.

👍🏼 Subscribe, share, like, & comment.