July 24, 2026

{{#if first_name}}Hi, {{capitalizeFirst (lower first_name)}}.{{else}}Hi.{{/if}} Schneider Electric has spent nearly two centuries adapting to successive industrial revolutions, evolving from a 19th century steel and heavy machinery business into one of the biggest global companies in energy management and automation. Now, through its $1 billion venture arm, SE Ventures, it is betting that the next transformation will be driven by AI’s collision with the physical world, from data centers and power grids to robotics and industrial automation. As part of our ongoing series of interviews with deep-tech investors, Crunchbase News recently spoke with SE Ventures managing partner Amit Chaturvedy about how it is backing startups building the technologies that underpin the AI economy — everything from data center infrastructure and grid resilience to robotics and industrial AI. Plus, last week’s 10 largest U.S. funding deals went to a varied lineup of sectors, with a physical AI startup taking the top spot and these investors wrote the most checks into fintech last quarter.

A 190-year-old energy giant explains where it’s investing in AI

As demand for compute strains energy infrastructure and accelerates reindustrialization, Schneider Electric’s venture arm is backing startups building the technologies that underpin the AI economy, from data center infrastructure and grid resilience to robotics. The firm counts eight unicorns in its portfolio, and has notched eight exits. We recently spoke with its managing partner about why energy has become AI’s defining constraint and where opportunities are emerging.

Related Crunchbase lists:
SE Ventures Investments
SE Ventures Portfolio Companies
SE Ventures Portfolio Unicorn Companies

🏆 Top 10: Biotech, cybersecurity and, of course, AI land big deals

Startup investors poured capital into a varied lineup of large rounds last week, targeting sectors including physical AI, biotech, cybersecurity, AI infrastructure and fintech. By far the largest financing of the week was a $1.7 billion round for Uber founder Travis Kalanick’s physical AI startup, Atoms, followed by sizable investments for 3D AI model developer Meshy AI and battery technology company Sila.

See also: The Crunchbase Megadeals Board

💳 General Catalyst overtakes YC in $5M-plus fintech deals

For the first time in several quarters, General Catalyst surpassed Y Combinator in backing the most fintech funding rounds of $5 million or more, participating in 12 such deals during the second quarter, Crunchbase data shows. The period also marked General Catalyst’s busiest fintech investing quarter in at least three years. While YC remained the overall most active fintech investor by deal count, larger financings increasingly drew heavyweight venture firms and private equity investors into the market.

Related Crunchbase list: Global Financial Services Venture Funding In 2026

😮 Most VC funding now is in billion-dollar-plus rounds

Giant startup funding rounds aren’t just getting larger — they’re becoming far more common. U.S. startups have already announced 23 rounds of $1 billion or more this year, matching all of 2025 with roughly five months still remaining. AI continues to dominate the list, but fintech, healthcare and infrastructure companies are also attracting unprecedented megadeals.

Related Crunchbase list: Billion-Dollar-Plus Startup Funding Rounds In 2026

 

Recent Investments

Etched

$300M / Series C

Etched is an AI chip startup that designs and manufactures hardware systems optimized for artificial intelligence model inference workloads.

Categories:

AI Infrastructure • Artificial Intelligence (AI) • Computer • Hardware • Semiconductor

Founders:

Chris Zhu, Gavin Uberti, Robert Wachen

Investors:

Sequoia Capital (Lead), Andreessen Horowitz, Argo + 3 more

BusinessNext

$40M / Series C

BusinessNext provides CRM solutions to enterprise banks and financial service providers worldwide.

Categories:

Artificial Intelligence (AI) • CRM • Finance • Financial Services • Productivity Tools • Software

Founders:

Bidhan Choudhary, Manoj Kumar Singh, Nishant Singh

Investors:

ServiceNow Ventures (Lead)

AegisAI

$36M / Series A

Aegis AI is an email security platform that leverages AI agents to analyze emails like human analysts.

Categories:

Agentic AI • Artificial Intelligence (AI) • Cyber Security • Intrusion Detection • Security

Founders:

Cy Khormaee, Ryan Luo

Investors:

Battery Ventures (Lead), Accel, Foundation Capital

More Fundings

Company Amount / Round Lead Investor
Ropedia $22M / Seed Round -
Trooly.AI $20M / Seed Round -
telli 13M EUR / Seed Round redalpine
All Recent Funding Activity
 

Recent Acquisitions

Safety Insurance Group

Pending acquisition by MAPFRE Insurance for $1.5B

More Acquisitions

Company Acquired By Amount
Neptronic SPX Technologies 605M CAD
All Recent Acquisition Activity
 

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HLTH USA 2026

November 15 - 18, 2026

HLTH USA 2026 is a healthcare event focused on AI, care delivery, policy, investment strategy, and emerging trends.

Accelerator Deadlines

Date Accelerator Location
Jul 31, 2026 Elbow Grease New York
Aug 11, 2026 Atlas | Aceleradora de Futuros Curitiba
More Upcoming Deadlines
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