Hitachi vs Siemens

Bosch Restructures, Spins Out Mobility Division

Bosch announces a major restructuring of its German operations, moving around 62,500 employees into new subsidiary companies. The mobility division, currently its largest business area with 55.8 billion euros in sales (60% of total revenue), will become an independent entity to increase agility and competitiveness. The reorganisation, expected to be completed by the end of 2027, also covers internal service areas, IT, and real estate. CEO Christian Fischer emphasized that the Robert Bosch GmbH will become a strategic holding company, and all units remain part of the group. The move comes amid global pressures, including weak economic conditions and Chinese competition. The company recently reported a 3.6% revenue increase to 46.4 billion euros in H1 2026, but profitability declined. No additional job cuts are planned with this restructuring.

• Bosch will move approximately 62,500 employees into new subsidiary companies.
• The mobility division, with 55.8 billion euros in sales, will become an independent company.
• The restructuring is expected to be completed by the end of 2027.

Scimplify Raises $25M to Expand AI-Driven Specialty Chemicals

Indian startup Scimplify raised $25 million in an all-equity strategic round led by Hitachi Ventures, with customers Henkel and Teknor Apex joining as new investors. Existing backers Accel India, Bertelsmann India Investments, Omnivore, and 3one4 Capital also participated. The round values the Bengaluru-based company at $250 million post-money, up from $150 million after its Series B in March 2025. Total equity funding now stands at $80 million. Scimplify uses its proprietary AI platform, Scinode, with specialized AI agents to accelerate the development and production of specialty chemicals and critical materials, reducing lead times from 12-18 months to as little as two months. The company plans to expand its manufacturing network to the U.S. and Japan over the next year. Its annualized revenue run rate has tripled to $200 million, with the U.S. contributing about 30% of revenue. Scimplify is EBITDA-positive and expects to be profitable after tax this month.

• Scimplify raised $25 million in an all-equity strategic round led by Hitachi Ventures.
• Henkel and Teknor Apex joined as new investors; existing backers Accel India, Bertelsmann India Investments, Omnivore, and 3one4 Capital participated.
• The round values Scimplify at $250 million post-money, up from $150 million after its Series B in March 2025.

Hitachi and FANUC Enter Strategic Partnership toward Joint Commercialization of Physical AI Implementation

Hitachi and FANUC have entered a strategic partnership to jointly commercialize Physical AI implementation. Additionally, Hitachi has entered a strategic co-creation partnership with Agile Robots to develop intelligence for AI robotics.

Nexxa Founder Philipp Wehn: From Industrial Automation to AI Agents

In a newsletter interview, Nexxa founder Philipp Wehn recounts how his startup's positioning evolved from a broad process automation platform to specialized industrial AI agents. Initially pitching to CIOs without focus, a proof-of-concept at Siemens clarified the value of solving complex, specialized industrial problems. Nexxa has since raised nearly $20 million, employs about 30 people, expanded to Munich, and signed a six-figure contract in Austria. Wehn also shares lessons from speedrun residency, including the importance of focus and timing in fundraising, and his belief that AI deployment is the biggest gap to bridge. The article is a profile of Wehn's journey rather than a breaking news event.

• Nexxa raised nearly $20 million in total funding.
• Nexxa employs about 30 people across the US and is opening an office in Munich.
• Nexxa signed a six-figure contract in Austria.

Skeleton Technologies hits $1B valuation with Siemens backing

Siemens has announced a strategic investment in Estonian energy storage company Skeleton Technologies, leading a new funding round that values the company at over $1 billion (over €899 million), making it a unicorn. The exact amount was not disclosed, but CEO Taavi Madiberk described it as a "nine-digit investment round" (at least $100 million). As part of the deal, Siemens will become the exclusive worldwide distributor of Skeleton's products in the data center market, integrating its supercapacitors into Siemens' electrical infrastructure portfolio. These supercapacitors address power spikes from AI data centers, offering up to 40% energy savings. The fresh capital will primarily be used to expand US manufacturing and R&D, including a dedicated cell manufacturing facility. Building on a long-standing partnership, the companies will develop power systems for next-generation AI data centers, addressing challenges like rapid load swings and harmonics. Skeleton's proprietary Curved Graphene technology aims to improve energy efficiency and GPU performance, reflecting a broader trend of European startups funding AI infrastructure. The deal is subject to customary closing conditions.

• Siemens made a strategic nine-digit investment in Skeleton Technologies, valuing the company at over €899 million ($1 billion).
• Siemens becomes the exclusive worldwide distributor of Skeleton's products in the data center market.
• Skeleton's supercapacitors claim up to 40% energy savings for AI data centers.