German DeepTech CMBlu Becomes a Unicorn – With a Lithium-Free Battery for AI Data Centers

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While the tech world debates chips, models, and data centers, the future of AI is increasingly being decided somewhere else entirely: at the power outlet. This is exactly where German DeepTech company CMBlu Energy comes in – and the firm has now joined the unicorn club. With a first close of its Series C round at €50 million, the battery startup from Alzenau in Lower Franconia has crossed the €1 billion valuation threshold. Leading the round as a high-profile new investor is Samsung Ventures,