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November 2023: Aleph Alpha's $500M AI Raise & CMBlu Energy Storage
Aleph Alpha’s half-billion-dollar raise and CMBlu’s €100M for energy storage headline the November 2023 GSA wrap-up.
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Read the full episode notes on Startuprad.io
Why this matters for deep tech: Sovereign-AI and grid-storage megarounds amid robo-advisor and WeWork failures show DACH deep tech sorting winners from losers.
In this episode, we cover:
Aleph Alpha raises ~$500M for AI
CMBlu raises €100M for energy storage
WeFox secures $55M from Deutsche and UniCredit
Vanguard pulls its German robo-advisor
WeWork’s German subsidiary files for insolvency
Related…
The skinny
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