Daily News – May 8, 2026
About this episode
Genesis AI unveils a foundation model for industrial robotics after a $105M seed, Pit raises $16M to build agentic AI enterprise infrastructure, and ATMOS Space Cargo secures €25.7M to build Europe’s first commercial orbital return infrastructure.
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Main news
Startups mentioned
Genesis AI
French startup that unveiled GENE-26.5, a foundation model for industrial robotics compatible with multiple robot types, and a humanoid robotic hand for delicate manipulation. Raised $105M in seed funding with industrial clients in France, Germany and Italy.
Pit
Stockholm-based AI startup building agentic AI systems to automate complex enterprise workflows. Founded by ex-engineers from Klarna, iZettle and Voi, raised $16M in seed funding led by Andreessen Horowitz.
ATMOS Space Cargo
German startup building spacecraft for commercial orbital transport and payload return, aiming to create Europe’s first private orbital return infrastructure. Raised €25.7M Series A backed by Seraphim Space, OTB Ventures and HTGF.