Salience Labs, which develops specialized all-optical circuit switching tech for AI data centers, raised a $125M Series B led by Bullhound Capital (Mike Wheatley/SiliconANGLE)
A startup called Salience Labs Inc. wants to play a bigger role in speeding up artificial intelligence workloads after raising $125 million in a Series B funding.
Polish spacetech firm KP Labs has secured €4.42 million (PLN 19.4 million) in funding from Momentum Capital Partners to expand its technology for real-time AI data processing in Earth's orbit. As satellite data volumes increase faster than transmission capacity, KP Labs offers solutions enabling autonomous satellite maneuvering and in-orbit monitoring.
These capabilities allow critical information to reach Earth more efficiently. The company's portfolio includes processing units, firmware, and AI algorithms, with customers comprising space agencies like ESA and NASA, satellite manufacturers, and hardware providers. KP Labs' achievements include the Intuition-1 satellite, which collected Earth observation data between 2023 and 2026.
The company is involved in projects such as the Polish national space mission CAMILA. CEO Michał Zachara highlights the company's proven track record in space missions, while Momentum Capital Partner Jeremi Doboszewski emphasizes KP Labs' growth potential and market leadership. The investment will bolster R&D, expand product offerings, and support international sales efforts.
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