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Nooks Closes $25M Series A Funding Round with Unmatched Team of Industry Leaders

Nooks Closes $25M Series A Funding Round with Unmatched Team of Industry Leaders

June 12, 2025 Craig Etkin

CRYSTAL CITY, Va., June 9, 2025 /PRNewswire/ — Nooks, the company redefining classified workspaces through its Classified-Infrastructure-as-a-Service (CIaaS) model, is excited to announce the successful closing of its $25M Series A funding round. This investment brings together an extraordinary team of partners, including Zigg Capital, Upper90, SAIC, and Lockheed Martin, to propel Nooks into its next phase of growth and innovation.

As secure collaboration becomes a growing priority for government and industry, this round’s backers represent a blend of investment expertise, defense leadership, and cutting-edge technology know-how. Building on Nooks’ success in key initial markets – Arlington, VA, Colorado Springs, CO, and El Segundo, CA – these partners are helping position Nooks as the go-to provider for flexible and scalable solutions for classified infrastructure needs.

“The Defense Industrial Base needs Nooks to be successful if our country is going to be competitive in the 21st century. The National Security community is spending far too much time and too much cost on bespoke and specialized secure infrastructure – there is a way to dramatically increase speed and efficiency for everyone that Nooks is aggressively pursuing.” states Sean Blackman, CEO of Nooks.

“I am incredibly proud of the investment team we have brought together that are so passionate about solving this problem through a (long overdue) shared access model for classified infrastructure. We’ve put together a truly winning lineup of talent, capital, and government support to get this done.”

Nooks is focused on creating secure, modern, and affordable access to classified facilities for government agencies, contractors, and industry innovators. As a further testament to this pursuit, Nooks has begun integrating advanced technologies and process streamlining in classified workspaces through the Strategic Funding Increase (STRATFI) program and the DARPA Prospero contract. With this new round of funding, Nooks is accelerating its ability to bridge gaps in infrastructure to enable faster collaboration and drive mission success for their customers.

Dave Eisenberg, Founder and Managing Director of Zigg Capital, explains that “Nooks is capitalizing on a once-in-a-generation opportunity to solve urgent critical infrastructure needs for Defense technology startups, Defense Primes and Government agencies. Zigg is excited to bring our commercial real estate expertise to the company to help it grow in an asset-light fashion. In the years ahead, we will build a portfolio of millions of square feet of modern SCIF infrastructure and re-activate underutilized office buildings across the country.”

Nooks and Zigg Capital aren’t alone in recognizing the impact that CIaaS will have on an increasingly remote and distributed workforce. Both Lockheed Martin Ventures and SAIC Ventures have made strategic investment in Nooks to accelerate their company’s efforts.

“At Lockheed Martin Ventures, our mission is to invest in and partner with companies that can help unlock cutting-edge technologies and innovative solutions to support our customers’ most pressing challenges,” said Chris Moran, vice president and general manager of Lockheed Martin Ventures. “Nooks’ approach to providing classified environments and secure infrastructure is a great example of the kind of innovative thinking that aligns with our mission, and we’re excited to support their efforts to transform the national security ecosystem.”

“SAIC’s investment in Nooks helps meet our customers’ mission requirements and brings flexible access to classified infrastructure across government, startups and companies like SAIC too,” said Michael Hauser, Managing Partner of SAIC Ventures. “We have entered into this innovative partnership to support Nooks’ vision and serve as a channel to advanced technology solutions, a talented workforce and government-ready secure infrastructure.”

To find out more about Nooks and how they’re transforming classified infrastructure, visit www.nooks.works.

For media inquiries, please contact:

Jade French
Marketing and Client Engagement Manager
jade.french@nooks.works 

About Nooks:

Nooks is a veteran-owned company dedicated to transforming access to classified infrastructure. Specializing in Classified-Infrastructure-as-a-Service (CIaaS), Nooks has  pioneered ready-to-use spaces and services that bring together industry leaders, academic minds, and defense experts. This approach democratizes access, inviting diverse and groundbreaking solutions for the U.S. government and the supporting industrial community. Learn more at www.nooks.works

SOURCE Nooks

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TAE Technologies, the leading fusion energy company developing the cleanest and safest approach to commercial fusion power, today announced that it has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated in the round, among other new and existing investors. TAE has the option to raise additional capital as part of this funding round. With more than $1.3 billion in equity capital raised since inception, this latest fundraise further validates TAE’s distinctive approach to commercial fusion.

In a statement Michl Binderbauer, CEO of TAE Technologies, said: “Fusion has the potential to transform the energy landscape, providing near-limitless clean power at a time when the world’s energy needs are growing exponentially due to the growth of AI and data centers. TAE’s technology uses the soundest physics to deliver superior performance in a compact machine, with attractive economics and best-in-class maintainability. We are leading the charge to develop revolutionary fusion technology for full-scale commercial deployment.”

TAE was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. The company has established itself as a leader in an industry that has the potential to transform the energy economy. Since 2014, TAE and Google Research have worked together to accelerate fusion science using cutting-edge machine learning. Google engineers worked onsite at TAE facilities to co-develop advanced plasma reconstruction algorithms, leading to significantly improved plasma lifetime and performance. Fusion is nature’s preferred source of energy. It is the same process that powers the sun and stars, and it is what makes life viable on Earth. When lighter elements fuse under immense heat and pressure, they form new elements and release a tremendous amount of energy. This process is safer than conventional nuclear power because fusion can be stopped at any time – eliminating the risk of a power plant meltdown. TAE remains singularly committed to advancing the frontiers of science and innovation to benefit humanity. With a steadfast resolve to redefine the energy landscape, TAE Technologies is at the forefront of the fusion revolution, poised to usher in a new era of sustainable and limitless power generation for a better tomorrow.
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Joby Aviation, a company developing electric air taxis for commercial passenger service, announced the successful closing of the first $250 million tranche of a previously announced strategic investment from Toyota Motor Corporation. The funding marks a significant milestone in strengthening the long-term collaboration between the two companies and supports their shared vision for the future of air mobility. The investment is aimed at supporting certification and commercial production of Joby’s electric air taxi. This underscores the mutual commitment to deepening integration and delivering next generation travel to global markets. This investment also puts the two companies a step closer toward a strategic manufacturing alliance.

In a statement JoeBen Bevirt, founder and CEO of Joby said, “We’re already seeing the benefit of working with Toyota in streamlining manufacturing processes and optimizing design.” “This is an important next step in our alliance with Toyota to scale the promise of electric flight. With this capital and Toyota’s legendary production expertise, we’re enhancing our ability to scale cutting-edge design and manufacturing to meet the demands of our partners and customers.”

Joby Aviation is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. Powered by six electric motors, their aircraft takes off and lands vertically, giving it the flexibility to serve almost any community. Flying with Joby might feel more like getting into an SUV than boarding a plane. The company's aerial ridesharing service will combine the ease of conventional ridesharing with the power of flight. A green alternative to driving that's bookable at the touch of an app. With more than 30,000 miles flown on full-scale prototype aircraft, their aircraft is designed to meet the uncompromising safety standards set by the FAA and other global aviation regulators. Joby Aviation is now engaged in a multi-year testing program with the FAA to certify their vehicle for commercial operations, and have completed the first three of five stages.
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Infinite Reality, an innovation company powering the next generation of immersive media, AI, and ecommerce, today announced a landmark real estate partnership with renowned real estate investment, development and management firm Sterling Bay to co-develop a 60-acre site in Fort Lauderdale into a next-generation technology and entertainment campus. This ambitious redevelopment—expected to open in 2026—will serve as Infinite Reality’s new global headquarters and is the cornerstone of iR’s long-term real estate strategy, which begins with this flagship project in South Florida. The public-private project marks one of the largest creative economy investments in the area to date, aiming to generate more than 1,000 new jobs with an average salary of six figures and deliver long-term economic growth to the region. Located at 1400 NW 31st Avenue on the site of a remediated former Superfund property, the development features over 100,000 square feet of Class A office space for media, tech, and enterprise clients. Construction is expected to begin in early 2026, pending completion of permitting and design phases.

In a statement John Acunto, co-founder and CEO of Infinite Reality said, “This isn’t just a headquarters—it’s the heart of Infinite Reality’s future. As a proud South Florida resident, this project is deeply personal to me.” “It’s about transforming a community I love into a global hub for immersive technology and creativity. We’re building opportunity, fueling innovation, and laying the foundation for a lasting legacy. Partnering with a world-class development firm like Sterling Bay ensures that this vision is realized at the highest level—and that Fort Lauderdale becomes a defining force in the future of the digital economy.”

In addition to serving as a corporate campus, the site will include flexible spaces for retail, production, digital broadcasting, and entertainment ventures. The development also includes educational initiatives in partnership with local institutions to train and hire future talent in STEM, immersive tech, and creative production. Infinite Reality is an innovation company powering the next generation of digital media and ecommerce through spatial computing, artificial intelligence, and other immersive technologies. Infinite Reality’s suite of cutting-edge software, production, marketing services, and other capabilities empower brands and creators to craft inventive digital experiences that uplevel audience engagement, data ownership, monetization, and brand health metrics.
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