Technology

Hypersphere Technology • Angel

Shenzhen-based AI startup Hypersphere Technology has raised hundreds of millions of RMB in angel funding. Investors include Legend Capital, CAS Star, SenseTime Guoxiang Capital, and WestSummit Capital.

adsilico • Series A

University of Leeds spinout adsilico has raised £10 million in a Series A round to expand its AI-powered simulation technology for assessing medical device performance across diverse virtual patients.

Magic Vision • Unknown

Italian deeptech startup Magic Vision has raised €600,000 in funding to support the development and commercialisation of its AI-powered monitoring technology for older people and vulnerable individuals.

Marvell Technology → Lumentum Holdings

Marvell Technology is in advanced talks to buy data center optics maker Lumentum Holdings, whose market value is approximately $83 billion, according to people familiar with the matter. The deal could be announced as soon as next week.

NeuroXess • Series B

Shanghai-based NeuroXess, which is developing BCI technology for movement support, speech decoding, and control of external devices, raised a ~$105M Series B co-led by SDIC Juli, Shenzhen Capital Group and Qinzhi Capital.