Author: OurCrowd

[Ursa Major in PR Newswire] Ursa Major raises $100 million to scale hypersonics, solid rocket motors and space mobility

BERTHOUD, Colo., Nov. 18, 2025 /PRNewswire/ — Ursa Major today announced that it closed $100 million in its Series E funding round and received an additional $50 million in debt funding commitments. Investors include both new and long-term supporters of Ursa Major’s mission, including Eclipse, who led the round and were joined by Woodline Partners, Principia Growth, XN, and Alsop Louie Partners, among other institutional shareholders. Read more...

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[Leo AI in Machine Design] How CAD-aware AI is changing mechanical design

This startup has developed an AI copilot for mechanical engineers. At the heart of the innovation is a Large Mechanical Model (LMM), a patented AI system that understands real CAD data. It’s designed to transform “the entire product design process into an AI-centric one, where Leo serves as a natural extension of the engineer’s mind,” noted Leo AI Co-Found and CEO Maor Farid. Watch...

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