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Dakin Sloss is an entrepreneur, investor, and philanthropist. He is Founder and General…
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Dakin Sloss reposted thisDakin Sloss reposted thisFocused Energy has raised $240 million — the largest fully secured Series A financing in the history of the global fusion industry. This is a milestone. For Focused Energy, and for fusion energy as an industrial reality. In addition to RWE, the investors include the Federal Agency for Breakthrough Innovation (SPRIND - Bundesagentur für Sprunginnovationen), the EIC - European Innovation Council Fund, and the previous lead investor, Prime Movers Lab. The oversubscribed round attracted not only financially strong investors from Germany, Europe, Asia, and the Gulf region, including potential buyers of fusion energy, as well as capital providers willing to fund the entire construction phase of a fusion power plant. The capital will be invested almost entirely into the former RWE site at Biblis — existing infrastructure, grid connection, and deep operational expertise — now set to become the home of the world‘s first laser fusion power plant. ⚡️ With this round of funding, Focused Energy becomes Europe's most valuable fusion company. ➜ Swipe through the slideshow to hear from the people who made this possible — among them Markus Krebber, Thomas Forner, Boris Rhein, Kaweh Mansoori, Rafael Laguna de la Vera, Ekaterina Zaharieva, and Nicola Beer. Read the full press release here: • https://lnkd.in/d5Kst5eg (German) • https://lnkd.in/duJEdGPY (English)
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Dakin Sloss reposted thisDakin Sloss reposted thisWe just announced our investment in The Path — and we believe it will become one of the most important mental health companies ever built. Nearly 3 billion people face mental and emotional challenges each year. The vast majority never get help — blocked by cost, time, geography, stigma, or language. That's not a therapy problem. It's a scale problem. And AI is the only solution that can actually solve it. The Path is an AI therapy platform purpose-built for personalized, longitudinal mental wellness. But what makes them different isn't the category — it's the depth of the science behind it. Their proprietary "Brain" model is optimized to help users actually solve their problems, not just stay engaged. On Vera-MH, the independent safety benchmark for mental health AI, The Path scored 95 — more than 30 points above leading models from OpenAI, Anthropic, xAI, and Google. The founding team is extraordinary. CEO Anson Whitmer, PhD was part of the founding team at Calm, where he helped scale the platform to a $2B valuation and 180M downloads. CTO Tyler Sheaffer was Calm's founding engineer and built the entire app backend. And co-founder Tony Robbins — one of the most recognized names in personal development globally — leads growth, bringing decades of methodology rooted in behavioral psychology and lasting change. At Prime Movers Lab, we invest in breakthrough scientific companies that transform billions of lives. The Path is exactly that company — and we believe the moment is now. Read more about our investment thesis on Substack: https://bit.ly/4tLb1Gh
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Dakin Sloss shared thisProud to be the lead investor hereDakin Sloss shared thisThe world needs more exceptional therapists. The greats have waitlists that stretch for months, if they're even taking new clients, and the cost puts real help out of reach for most people who need access ... not to mention in the middle of the night when minds are racing. I've spent more than four decades helping people create real lasting change in their lives. But I can only be in one room at a time, and the people who need the most help are usually the ones who never make it into the room. That's why I became a co-founder of The Path. I tested every serious AI tool in this space before I would put my name on one. The Path was the stand-out, nothing else was even close. The reason is the people building it. Anson Whitmer, PhD has a PhD in psychology and real expertise in AI. He and Tyler Sheaffer were founding team members at the app, Calm. They know how to build something millions of people will actually trust. The Path speaks 50 languages. It gives you a choice of therapists, because the voice that reaches you isn't necessarily the voice that reaches your sister. The Path is there at 3 AM when your mind won't stop, and on a random Tuesday afternoon when life knocks the wind out of you. It will take you from where you are to where you want to be, 24/7, 365. This is part of the legacy I want to leave. Something that keeps serving people long after I'm gone, for anyone ready to grow. Read the story in TechCrunch, then try The Path for yourself and tell me what shifts. https://lnkd.in/gEFMCW4aThe Path, founded by Tony Robbins and Calm alums, hopes to offer safer AI therapy | TechCrunchThe Path, founded by Tony Robbins and Calm alums, hopes to offer safer AI therapy | TechCrunch
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Dakin Sloss reposted thisDakin Sloss reposted thisToday I'm excited to share that Hark has raised $700M at a $6B valuation When I use these AI models today, they feel basic. They should be able to listen and talk naturally, understand vision, retain persistent memory, and become deeply personalized over time. They should be able to see the world, interact with it, and take action To build that future, the capital we raised today will be used to: → scale our GPU infrastructure → accelerate future AI model development → grow the Hark team from ~70 to 200 engineers → design and build the next generation of AI hardware The Series A round was led by Parkway Venture Capital with participation from NVIDIA, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global At Hark, we are building the most advanced personal intelligence in the world. Intelligence that begins to think like you and sometimes, ahead of you to offload your mental workload
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Dakin Sloss reposted thisDakin Sloss reposted thisHuge congratulations to Brett Adcock and the entire Hark team on raising $700M at a $6B valuation. What Brett and the team are building is truly incredible — a company that's thinking deeply about what people actually need from technology, not just what's possible to build. So proud of our partners at Prime Movers Lab for being part of this round. Big things ahead! 🙌🔥😎
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Dakin Sloss reposted thisDakin Sloss reposted thisToday I'm excited to share that Hark has raised $700M at a $6B valuation When I use these AI models today, they feel basic. They should be able to listen and talk naturally, understand vision, retain persistent memory, and become deeply personalized over time. They should be able to see the world, interact with it, and take action To build that future, the capital we raised today will be used to: → scale our GPU infrastructure → accelerate future AI model development → grow the Hark team from ~70 to 200 engineers → design and build the next generation of AI hardware The Series A round was led by Parkway Venture Capital with participation from NVIDIA, Align Ventures, AMD Ventures, ARK Invest, Brookfield, Greycroft, Intel Capital, Prime Movers Lab, Qualcomm Ventures, Salesforce Ventures, and Tamarack Global At Hark, we are building the most advanced personal intelligence in the world. Intelligence that begins to think like you and sometimes, ahead of you to offload your mental workload
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Dakin Sloss reposted thisDakin Sloss reposted thisVisited the Figure campus last month, an AI Robotics company building the world's first commercially viable autonomous humanoid robot. Congrats to Brett Adcock and the team — and proud to be part of this journey alongside Dakin Sloss and Prime Movers Lab. Here’s a look inside the lab — watch live 👇 https://lnkd.in/g9af_bYH
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Dakin Sloss reposted thisDakin Sloss reposted thisThe most important companies of the next 50 years will be built on breakthrough science. That's why I've joined Prime Movers Lab as Partner & Head of Capital Formation. For nearly a decade, Prime Movers Lab has backed AI-native companies led by serial founders — Hark, Venus Aerospace, Focused Energy, Gilgamesh Pharma, and dozens more rewriting what's possible across aerospace, energy, robotics, and human health. I get to help raise the capital that backs them, alongside the founders and LPs who want to make our world dramatically better. A huge thank you to my new partners — Dakin Sloss, Zia Huque, and Tony Robbins — and the entire team for the trust and the invitation. Excited to build alongside you. DM or email me directly at andre@primemoverslab.com. #VentureCapital #BreakthroughScience #DeepTech
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Dakin Sloss shared thisI'm so incredibly proud of the Prime Movers Lab team. This is an exciting day for us as we announce another $245 million early-stage fund that will invest in companies tackling the world's biggest problems across the energy, transportation, infrastructure, manufacturing, human augmentation, and agriculture sectors. If you are a deep tech founder looking to change any of these industries, we want to hear from you. #VC #VentureCapital #DeepTech #Startup #BreakthroughSciencePrime Movers Lab Raises $245 Million Early-Stage Fund to Advance Breakthrough Science StartupsPrime Movers Lab Raises $245 Million Early-Stage Fund to Advance Breakthrough Science Startups
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2w
Welcome Andre, honored to have you join the team!
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Dakin Sloss liked thisVery proud of this outcome as a founder, and of the incredible team that made it all happen. And I have so much gratitude to those who carried the torch. The journey had many ups and downs, many of my life’s best memories, and many solid lessons. Epic all around.Dakin Sloss liked thisToday marks an important milestone for Tachyus. We are excited to announce that SLB intends to acquire Tachyus, bringing together advanced AI-driven reservoir management technologies with one of the industry’s leading global technology platforms. Over the years, we built an incredible team united by the belief that the energy industry could operate smarter, faster, and more sustainably. Together, we grew from a startup into a global company delivering value to operators worldwide through innovation and collaboration. Throughout this journey, the Tachyus team has worked to redefine reservoir management through the combination of physics-based modeling, machine learning and optimization. Through platforms like Aqueon and Aurion, our mission has been to help operators make smarter, faster, and more sustainable decisions, and we are proud of what we accomplished and excited for this next chapter with SLB. Joining forces with SLB creates an incredible opportunity to accelerate innovation, expand our reach, and deliver even greater value to customers around the world. The combination of SLB’s scale, expertise, and digital ecosystem with Tachyus’ AI and Data Physics™ technologies supports a shared focus on advancing digital capabilities for reservoir management and optimization. Most importantly, we want to thank our employees, customers, investors, partners, and supporters who have been part of this journey. Your trust, collaboration, and belief in our vision made this possible. We are excited for what comes next. Read more in the SLB announcement: https://lnkd.in/gxyKjHUr #Tachyus #SLBDigital #AI #ReservoirManagement #ClosedLoop #DigitalTransformation #Energy #MachineLearning #Optimization #Sustainability #DataPhysics
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Dakin Sloss liked thisDakin Sloss liked thisToday is a very special day for me, and I feel incredibly grateful. I am excited to share that SLB is acquiring Tachyus I feel especially grateful to Matt Elbert and Pallav Sarma, my two business partners who made this possible. Together, an American, an Indian, and a Colombian (a potent combination 😀 ), we brought different backgrounds, perspectives, and strengths that complemented each other remarkably well and helped make Tachyus what it is today. More than ten years ago, we started Tachyus with a belief that reservoir management could be done differently. We believed that by combining reservoir engineering, physics, data, and AI, we could help operators make better decisions and improve field performance. What followed was an incredible journey.... We built an exceptional team of talented and passionate people. One of the most rewarding parts of this journey was building a team in Colombia and creating opportunities for talented professionals from my home country to contribute, grow, and make an impact within a U.S. technology company. Early in my career, someone gave me that opportunity, and creating similar opportunities for others has been one of my proudest achievements. Together, we worked with customers around the world. We developed technologies like Aqueon and Aurion. We published technical papers, obtained patents, and most importantly, helped operators solve real business problems. Today, I feel a deep sense of appreciation and pride. ‣ Grateful to our employees for their hard work, dedication, and belief in our mission. ‣ Grateful to our customers for trusting us with some of their most important challenges. ‣ Grateful to our investors and board members—including Jeff Spath, Jeremy Arendt, Ryan Gurney, Ryan Waddington, Leland Putterman, and many others—along with our partners, friends, and above all my wife, Deisy Ardila, who stood by me every step of the way and supported us through the ups and downs of building a company. I am also excited about what comes next. I believe the combination of SLB’s global reach, deep industry expertise, and digital ecosystem with Tachyus can accelerate innovation and create even greater value for the industry. To everyone who has been part of this journey: thank you. The journey continues. #Tachyus #SLB #AI #ReservoirManagement #DigitalTransformation #Energy #Innovation #Gratitude
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Dakin Sloss liked thisDakin Sloss liked thisI am excited to share that Tachyus is being acquired by SLB, formerly Schlumberger. This is a particularly meaningful milestone for me because my professional journey began at SLB 25 years ago. To now see Tachyus become part of the company where I started my career feels both full-circle and deeply rewarding. Building Tachyus has been one of the hardest and most fruitful journeys of my life. From the beginning, our ambition was to bring together deep domain expertise, physics-based modeling, machine learning, and optimization to help operators make better reservoir management decisions. Along the way, we built differentiated technology that I am incredibly proud of, but even more importantly, I had the privilege of working with some truly amazing people. Tachyus has always been defined by its team: people who brought creativity, persistence, technical excellence, and belief to the work every day. I am grateful to everyone who helped shape this company, from our employees and customers to partners, advisors, investors, and supporters who believed in what we were building. Joining SLB opens an exciting new chapter. SLB’s global reach, technical depth, and long-standing commitment to innovation create a powerful platform for Tachyus technology to have even greater impact across the energy industry. I am proud of what we have built, thankful for the people who made it possible, and excited for what comes next. And finally, a special thanks to my partners in crime Fernando Gutierrez and Matt Elbert, and to the one and only "Da Machine" Yong Zhao without whom this would not be possible. #Tachyus #SLBDigital #EnergyTechnology #ReservoirManagement #ArtificialIntelligence #MachineLearning #DigitalTransformation #EnergyInnovation #OilAndGas #StartupJourney #Entrepreneurship #Acquisition #TechnologyInnovation
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Dakin Sloss liked thisDakin Sloss liked this$240 million. The largest Series A in the history of the global fusion industry. With this milestone financing, Focused Energy sets a new benchmark and becomes the most valuable fusion company in Europe. But what gives me the most confidence is not just the amount raised. It is the quality of the global investors from Germany, Europe, Asia, the Gulf region, and the US; strategic partners with real industrial depth; and capital aligned with the now-visible path from breakthrough science to a fusion power plant. This is what patient, mission-driven capital looks like. And it is exactly what is needed to industrialize a technology of this scale and complexity. With RWE, Focused Energy gains both a strategic investor and an industrial partner that enables the use of the Biblis site, located near Frankfurt am Main, for laser fusion and contributes regulatory expertise. This positions us strongly to accelerate the industrialization of fusion technology. I've had the privilege to be part of many benchmark transactions in my career - and this one feels right up there in terms of importance. Thank you to all who helped make this happen, in particular my fundraising partner Thomas Forner and the whole team at Focused Energy, Dr. Cord-Henrich Lefhalm at RWE, our Board Members Dakin Sloss and Zia Huque, the team at EIC led by Franz Derler, CFA, the team of Hendrik Hoefer and Antonia Schmalz at SPRIND - Bundesagentur für Sprunginnovationen, Helge Haase at BMH, Théodore Mollinger at East X Ventures and, last but not least our legal team of Spencer Ricks, Markus Krueger, Dominique Brieger at Latham & Watkins which helped execute complicated transaction structure with aplomb. Excited for the future!
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Dakin Sloss liked thisDakin Sloss liked thisSPRIND - Bundesagentur für Sprunginnovationen participates in Focused Energy's financing round The Darmstadt-based laser fusion company receives a total of US$240 million from German and international investors. Building the first commercial fusion reactor is the most important moonshot mission of the 21st century. We want to prove that breakthrough innovations capable of significantly improving our lives can originate in Germany. This requires the successful collaboration of science, government, startups, and industry. This financing round is an impressive blueprint for exactly that. In addition to RWE, the investors include SPRIND, the European Innovation Council Fund, and the previous lead investor, Prime Movers Lab. The oversubscribed round attracted not only financially strong investors from Germany, Europe, Asia, and the Gulf region - including potential buyers of fusion energy - but also capital providers willing to fund the entire construction phase through to a fusion power plant. Focused Energy’s new capital is to be invested into the former RWE power plant site in Biblis, Hesse. With RWE, Focused Energy gains both a strategic investor and an industrial partner that enables use of the Biblis site, located near Frankfurt am Main, for laser fusion and contributes regulatory expertise. 🙏 Thanks a lot to Thomas Forner, Prof. Dr. Markus Roth, Markus Krebber, Ekaterina Zaharieva, Nicola Beer, Kaweh Mansoori, Antonia Schmalz, and all others that contributed to this succesful closing.
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Dakin Sloss liked thisDakin Sloss liked thisFive years ago, we founded Focused Energy based on a clear belief: laser fusion can be industrialized - and Germany can be the place where it happens. Today, we are announcing $240 million in Series A funding. It‘s the largest fully secured Series A in the history of the global fusion industry. To me, this is much more than a financing milestone. It confirms our approach, our team, our partners, and our commitment to building the world���s first laser fusion power plant in Biblis. This funding round brings together investors from Germany, Europe, Asia, and the Gulf region, alongside strong public and industrial partners. Equally important, it brings in capital that is ready to finance the path all the way to a fusion power plant. That matters, because this is really about building fusion as an industry - with the right partners, the right site, and the right industrial base. Biblis is at the center of that effort. We are investing the new capital into a site with real infrastructure, strong industrial relevance, and real momentum. Together with RWE and a growing ecosystem of partners, we are building the industrial foundation for what comes next. Thank you to everyone who is building this with us. Now, we're moving faster.
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Dakin Sloss liked thisDakin Sloss liked thisFigure just turned 4 years old The ride so far has been surreal, and I wanted to share my perspective on what’s happened over the last four years When I started Figure, the core technologies were still extremely nascent. Humanoid hardware was heavy, hydraulic, unsafe, expensive, and unreliable. Deep learning also wasn’t there yet - there was no real AI precedent and no clear path to building a truly general-purpose robot My expectation was always that humanoid robotics would become the largest industry in the world, but that it would take a very long time to put all the hardware and AI pieces together Honestly, I assumed it would take 20 years just to have a real shot at solving general robotics - decades before we could seriously attempt to build iRobot in real life Instead, everything has moved much faster than I ever expected. Figure has gone through 4 major breakthroughs that probably accelerated our timeline by a decade: > Cheap electric humanoid robots are now possible. There are many reasons for this but some include benefits from actuator torque density, sensor technologies, battery specific energy, high flop/memory onboard compute, and high-rate manufacturing techniques all helped significantly. At this point, we’ve largely de-risked the hardware side and it’s becoming a straightforward engineering problem (highly difficult engineering but tractable) > Deep learning from camera pixels to torques actually works. The dimensionality of a humanoid robot is simply too high for hand-written code. You have 40+ motors that can rotate continuously, creating more possible robot body states than atoms in the universe. There is no path to building a truly general-purpose robot with heuristics and manually programmed C++ logic. This has to be AI-first, and Helix has now demonstrated that repeatedly > Whole-body RL control changed everything. It’s what keeps the robot balanced, allows it to use stairs, move its arms, and coordinate its entire body through the world. We train these controllers entirely in GPU-accelerated physics simulation using reinforcement learning. The robustness is far beyond anything we ever achieved with hand-written heuristics. This fundamentally breaks the old thesis that walking robots are inherently too hard or too unstable to scale > These robots can now perform useful human-like work at human-level speeds. This is an insanely hard problem because humans perform millions of different tasks in the real world - and Figure has to do this with 1 hardware platform in a general purpose architecture. btw, yesterday Figure completed a logistics use case running continuously for 200 hours without a failure - all with scalable hardware and internal AI models The future is starting to feel very real We have a real chance to build iRobot in real life - the good version Thank you for everyone's support. Pedal to the metal
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