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A flurry of funding this month underscored investor appetite for software that lets AI control and monitor physical machines.
California-based Sift, founded by ex‑SpaceX engineers, closed a $42 million Series B led by StepStone (with GV, Riot, Fika and CIV), taking total capital to $67 million; the company supplies observability for satellites, rockets and autonomy customers including ULA, Astranis and K2 Space.
In Europe, Dash0 — an agentic observability startup built on OpenTelemetry — raised $110 million in a Balderton‑led Series B that values the company at about $1 billion and counts customers such as Zalando and Taco Bell.
Separately, reports say Jeff Bezos is exploring a $100 billion buyout fund to acquire and modernize manufacturing firms using AI tied to his Project Prometheus (Prometheus previously raised ~$6.2 billion). Together these moves highlight concentrated venture and private capital flows into tools that convert raw telemetry into machine‑readable data and autonomous operational systems.
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All Venture Capital News and Press Releases from PR NewswireMar 25, 2026, 12:07 ET/C O R R E C T I O N -- Sift/
AI News & Artificial Intelligence | TechCrunchWith Sift, two ex-SpaceX engineers are bringing the software that helped launch rockets to the factory floor
Tech Funding News | Global technology startup funding newsExpert comment: Jeff Bezos in early talks to raise $100B for AI automation fund








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