German industrial conglomerate that acquired Dotmatics for $5.1B.
“raised new funding from insider Siemens at a valuation north of $1b.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.
“$133.65M Series A from Siemens (strategic backer). Develops low-emission, cost-effective iron and steel production technology using continuous processing”
“Previously VP of Charging & Energy at Einride, Head of Future Grid for the Nordics and Baltics at Siemens, and led charging and energy for Northern Europe at Tesla.”
Source→“Siemens — Manufacturer of the calcium CT scanner used in the mobile trailer.”
“This is pretty standard equipment. Siemens, CACs, you know, calcium CT scanners have been around for a long time, proven technology.”
Source→“Emerald AI raised $150M at a $1.05B valuation to help "data centers reduce power draw during grid stress without disrupting critical computing" — with Nvidia, Siemens, GE Vernova, and others co-investing”
Source→“A bunch of big pharma companies like Roche spent a couple hundred million, Siemens spent a hundred million... a bunch of companies spent a lot of money trying to make better sepsis diagnostics.”
Source→“We have a great partnership with Siemens and Roland Buch, the CEO, is supercharging the company so that they could leap completely the last IT industrial revolution and fuse the industrial capabilities of Europe with artificial intelligence.”
Source→“PhysicsX raised a $300M Series C at ~$2.4B valuation for 'machine learning models that simulate physical systems to help engineers design, test, and optimize products across aerospace, semiconductors, energy, and manufacturing workflows.'”
Source→“PhysicsX, a London-based physics AI startup for industrials, raised $300m in Series C funding at a $2.4b post-money valuation. Temasek led, joined by M&G Investments… Applied Materials, Atomico, General Catalyst… NVIDIA… and Siemens.”
“This work was partially supported by the Huawei-TUM joint laboratory and funded in part by SIEMENS AG together with the Technical University of Munich.”
Source→“Jared Rosen (ex-Insight Partners) and Thomas Swalla (ex-CEO of Dotmatics, acquired by Siemens for $5.1B) co-founded IO Capital — notable as a signal of experienced investor-operator partnerships entering the GP market.”
“What China has done to Europe economically, they're going to try to do to the AI market what they tried to do to the steel market here in the 80s and 90s.”
“Rosen is ex-Insight Partners; Swalla was CEO of Dotmatics (acquired by Siemens for $5.1B) — experienced operators launching a growth vehicle with direct domain credibility.”