Y Combinator
Assembly Line
Spaceium Closes $6.3M Seed Round to Build Refueling Stations in Space
Spaceium, a company building a network of in-space refueling stations, has closed a $6.3 million seed round led by Initialized Capital. With this funding, Spaceium will demonstrate refueling technology in orbit and recruit a team of engineers. The company’s groundbreaking technology enables spacecraft to extend lifespans, conduct more operations in space, reduce launch costs, and carry heavier payloads. Spaceium’s refueling stations will store propellant in space for multiple years using proprietary fuel tanks and advanced robotic arms. The company has a robust pipeline of customers requiring up to multiple metric tons of fuel per mission and plans to partner with government or commercial space programs. By enabling refueling in space, Spaceium will transform the possibilities and economics of human activity in space, allowing for longer missions and more efficient use of resources.
Cerrion raises $5 million in funding to boost AI Video tech in manufacturing
Zurich video AI startup Cerrion has raised $5 million in funding. The round was led by Y Combinator and Justin Kan’s Goat Capital, with additional participation from session.vc, Soma Capital, 10x Founders, Rebel Fund and renowned angel investors.
By automating tasks traditionally handled by skilled operators, Cerrion’s AI video-led technology helps manufacturers maintain productivity despite workforce shortages. It leverages standard CCTV cameras to learn and monitor production processes, automatically detecting and acting on deviations in real-time.