💸 $65M Series A Rare-Earth Magnets; $20M Series A Analog IC Design; $1.6M Pre-Seed Autonomous Drones; €650K Pre-Seed Industrial AI & more | Deep Tech Capital Movements Vol. 31

The Week’s State of Deep Tech Capital: who’s Raising, who’s Betting, and why.

Welcome back to Deep Tech Capital Movements — the weekly report from The Scenarionist that highlights and analyzes capital dynamics in Deep Tech, from early-stage funding rounds to major fund launches.

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Dear Friends,

Here’s the tape this week: capital continued to migrate toward the intersections where software disciplines physical processes—factory floors, grid edges, certified materials, and evidence-driven healthcare. AI remains the accelerant, but the checks are increasingly tied to bankability, pathways to procurement, and measurable IRR rather than demos or one-off pilots.

Industrial AI is edging from “analytics” toward closed-loop operations. GREÏ’s €650K pre-seed may look modest, but wiring multi-site camera networks and on-prem systems into a single operational surface for safety and efficiency is a meaningful capability step. GoodShip’s $25M Series B—preempted by Greenfield—validates freight orchestration as a durable category: coordinating carrier networks and pricing through tariff volatility is a P&L story, not a dashboard.