Sovereign & patient capital into AI/deep tech
Key Questions
What major investment did Blackstone and Nvidia announce for Firmus?
Blackstone and Nvidia are investing $10B in Firmus as part of sovereign and patient capital flowing into AI and deep tech. This funding highlights the commitment to long-term support for advanced technology development.
What is Bondstone's new DeepTech fund?
Lisbon-based Bondstone launched a VC arm with a €50 million DeepTech fund. The fund targets deep tech startups across Europe.
What venture fund did JIC launch and what does it focus on?
JIC launched a €16.3M venture fund to support Central and Eastern European (CEE) deep tech founders at the earliest stages. It aims to provide capital for nascent deep tech innovations.
How much funding did Mistral AI recently raise?
Mistral AI secured $830 million in a debt raise, one of Europe's top funding rounds. The French AI startup is also in talks with Samsung for advanced memory chips.
What is the scale of VC investments in India for 2025?
India's VC investments reached $16 billion in 2025, driven by fintech and SaaS sectors, marking the second consecutive year of growth. This reflects surging interest in the region's tech ecosystem.
What significant achievement did IonQ accomplish with the SHIELD program?
IonQ strengthened its position with strategic US government contracts, including a win in the $151B SHIELD quantum program. This bolsters its role in defense, aerospace, and quantum computing.
What are the key Chinese investments in AI and deep tech mentioned?
China committed $12.5B in sovereign capital, with Moonshot at $18B. Galaxea AI also raised $290.4 million in a Series B+ round to advance robotics.
What investments highlight the surge in emerging markets (EM) for AI/deep tech?
Notable EM investments include Nscale at $2B, Neysa at $1.2B in India, Korea at $1.3B, and India's Sarvam AI raising $350M. These signal a broader surge in patient capital for deep tech in emerging regions.
Firmus $10B Blackstone/Nvidia; Bondstone €50M/JIC €16.3M/Mistral $830M; China $12.5B/Moonshot $18B; Nscale $2B/Neysa $1.2B/India $16B/Korea $1.3B; EM surges; IonQ $151B SHIELD quantum.