SoftBank seeks $100B from Gulf investors for AI fund

• Kunyou OptoelectronicsHuangpu$138M Series C

  Wafer-level optics for AR, 3D imaging, LiDAR.

• Incyclix BioDurham$52M Late VC

  Advancing precision treatments that target the aberrant proliferation driving many cancers. Backed by Cape Fear BioCapital and Eshelman Ventures.

• MikoMumbai$30.9M Late VC

  A child-safe personal robot that engages, educates, and entertains kids. Backed by Keshav Murugesh and YourNest Angel Fund.

$61B across 398 rounds in October so far, by headquarters and by sector.

• AnyfloUS

  Orchestration layer for cross-chain stablecoin payments.

  RZLORobert Zaremba & Lola Oyelayo-Pearson founded it. Zaremba previously founded Native (Bitcosm) and Cerealia. Oyelayo-Pearson worked at Mysten Labs and Shopify.

• Munimen

  European knowledge layer for teams and AI agents: captures company knowledge, keeps it current, serves it via app, MCP and API.

  KBKilian Bodet--Canac

• SoftBank seeks up to $100B from Gulf investors for new AI fund

  SoftBank Group is seeking up to $100 billion from Gulf investors to fund a new wave of AI investments, the Financial Times reported, citing people familiar with the matter.

• Mistral raises €3B as Europe's AI champion courts China, Microsoft and Samsung

  Mistral AI, the French startup billed as Europe's AI champion, raised €3 billion in September — mostly from Samsung — and now counts major American and Asian investors on its cap table.

• Nvidia-backed Firmus shelves IPO as AI valuation fears mount

  Firmus, an Nvidia-backed data centre company, has scrapped its planned initial public offering.

• Incyclix BioDurham$52M Late VC

  Advancing precision treatments that target the aberrant proliferation driving many cancers. Backed by Cape Fear BioCapital and Eshelman Ventures.

$56B across 148 rounds in the US in October so far, by city and by sector.

• AnyfloUS

  Orchestration layer for cross-chain stablecoin payments.

  RZLORobert Zaremba & Lola Oyelayo-Pearson founded it. Zaremba previously founded Native (Bitcosm) and Cerealia. Oyelayo-Pearson worked at Mysten Labs and Shopify.

• SoftBank seeks up to $100B from Gulf investors for new AI fund

  SoftBank Group is seeking up to $100 billion from Gulf investors to fund a new wave of AI investments, the Financial Times reported, citing people familiar with the matter.

• Cloudflare acquires Deno, maker of Node.js creator's runtime

  Cloudflare announced Friday it is acquiring Deno, the startup behind the programming runtime of the same name.

• BlackRock's $33.4B AES buyout meets lawmaker pushback at FERC

  A consortium led by BlackRock's Global Infrastructure Partners (GIP) and EQT is buying The AES Corporation in a buyout valued at $33.4 billion including debt.

No venture round in Europe was announced yesterday.

$1.5B across 130 rounds in Europe in October so far, by headquarters and by sector.

• SoftBank seeks up to $100B from Gulf investors for new AI fund

  SoftBank Group is seeking up to $100 billion from Gulf investors to fund a new wave of AI investments, the Financial Times reported, citing people familiar with the matter.

• Mistral raises €3B as Europe's AI champion courts China, Microsoft and Samsung

  Mistral AI, the French startup billed as Europe's AI champion, raised €3 billion in September — mostly from Samsung — and now counts major American and Asian investors on its cap table.

• Revolut CEO wants fintech to be Europe's answer to Meta and Google

  Revolut chief executive officer Nik Storonsky says he wants the London-based fintech to become a global technology company that reaches beyond banking.

• Kunyou OptoelectronicsHuangpu$138M Series C

  Wafer-level optics for AR, 3D imaging, LiDAR.

• MikoMumbai$30.9M Late VC

  A child-safe personal robot that engages, educates, and entertains kids. Backed by Keshav Murugesh and YourNest Angel Fund.

• Wuxi Cancer Intelligent Drive TechnologyWuxi$14.9M

  Precision components for robotics and intelligent manufacturing.

$3.8B across 120 rounds outside the US and Europe in October so far, by headquarters and by sector.

• SoftBank seeks up to $100B from Gulf investors for new AI fund

  SoftBank Group is seeking up to $100 billion from Gulf investors to fund a new wave of AI investments, the Financial Times reported, citing people familiar with the matter.

• Nvidia-backed Firmus shelves IPO as AI valuation fears mount

  Firmus, an Nvidia-backed data centre company, has scrapped its planned initial public offering.

• South Korea sets $3.5B plan to build frontier AI model

  South Korea will launch a 4.7 trillion won ($3.5 billion) programme to develop a frontier artificial intelligence model from March 2027, the Ministry of Science and ICT said.