Satellite Spotlight | Cooling, Materials & Compute Deal Surge

connecting the deep tech ecosystem with a weekly curated newsletter

space brew

deal flow

seed

• Periodic Labs raises $200M for AI in material science (BBG).

• Edgx raises $2.7M Seed to commercialize in orbit compute for satcom & earth observation (SH).

series A+

• DISA Tech raises $30M Series A2 by Evok, CTV, Valor for mineral recovery & uranium remediation (PR).

• Vulcan Elements raises $65M Series A to onshore critical materials for defense (AX).

• Sava raises $19M Series A for biosensor wearables (NW).

public & m&a

• Sanofi acquires Vigil for $470M for neurodegenerative disorder drug discovery (LT).

• Rocket Lab acquires Geost optical sensor IP for $275M for DOD SDA & PNT bids (TC).

• Doximity acquires Pathway’s clinical dataset for $63M to scale AI-powered medical search (BK).

• Apollo to acquire Kelvion’s cooling IP betting on data center & green industrial growth (PE).

headlines

🚀

• Umbra expands components capabilities for SAR customers (VS).

• Hubble partners with Muon Space to scale Bluetooth satcom in logistics, infrastructure, & defense (TC).

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community spotlight

today, 08/12

• Accel rooftop night (SF).

wednesday, 08/13

• Biotech x aging (NYC).

• Founder supper club (SF).

thursday, 08/14

• Web3 leaders happy hour (NYC).

• EthGlobal happy hour (NYC).

friday, 08/15

• Longevity discussion x Next Health (LA).

• AI x quantum (SF).

• Bootstrappers breakfast (SF).

• Founders & future (SF).

saturday, 08/16

• Robotics paper reading (SF).

Take me to the full events calendar of 2025.

cosmic weekly insights

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