The Daily Deal
Friday 16 October 2026
Cohere to buy AI-vulnerability-hunter AISLE
- Chart of the day European VCs are raising new funds at close to the 2022 record pace.
- Just raised Kairos Power $643M, OMass Therapeutics $310M, Salience Labs $125M.
- Just founded Wishkeepr, Noesis, Graxe.ai, Inc..
- In the news Cohere signs LOI to buy AI vulnerability-hunter AISLE, adding cyber to its sovereign AI stack, and two more stories.
Chart of the day
Open the chartEuropean VCs are raising new funds at close to the 2022 record pace
New funds raised by Europe-based VC managers grew from $8.3B in 2015 to a record $39.9B in 2022. 2026 is at $26.7B by mid-August, about $43B at this pace, led by EQT's $5.5B Scaleup Europe Fund, Index Ventures' $2.2B growth fund and Highland Europe's $1.2B Fund VI.
Just raised
All funding news-
Kairos PowerAlameda$643M Late VCDeveloping fluoride salt-cooled advanced nuclear fission reactors to deliver clean, firm, cost-competitive electricity.
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OMass TherapeuticsOxford$310M Series CA drug discovery company exploiting novel mass spectrometry platforms to develop therapeutics against challenging disease targets. Led by Bain Capital Life Sciences and Forbion.
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Salience LabsOxford$125M Series BUltra high-speed multi-chip processor combining photonics and electronics to accelerate exponential advances in AI. Backed by AMD Ventures, Intel Capital and SBI Group.
By country
- US$61B
- South Korea$2.6B
- China$1.1B
- UK$948M
- Spain$630M
- India$545M
By sector
- Enterprise software$55B
- Health$5.8B
- Fintech$5.2B
- Hosting$4.4B
- Food$2.9B
- Energy$2.2B
$70B across 691 rounds in October so far, by headquarters and by sector.
Just founded
View all from this week-
A cross-shop online wishlist service making organising gifts more efficient and easier for everyone.
WUWinfried Umbrath
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NoesisToronto
Go-to-market recruitment for VC and PE-backed technology.
ANAlexander Never founded it after working at Analysis Group and EY. -
Graxe.ai, Inc.Austin
AI matching for intentional real-world connections.
TWTrang Watson founded it after working at Kore.ai and LUMAE.ai.
In the news
View all news stories- Cohere signs LOI to buy AI vulnerability-hunter AISLE, adding cyber to its sovereign AI stack
Cohere has signed a letter of intent to acquire AISLE, a San Francisco- and Prague-based startup that uses AI to discover and remediate previously unknown software vulnerabilities.
- Korea's AI trade snaps: Kospi plunges 8% with circuit breakers as SK hynix, Samsung drop 10%+, same day TSMC posts record quarter
- Mistral gets the keys to CERN's exabyte: Europe's AI champion teams up on Flare, the first foundation model for collider physics
CERN and Mistral AI have signed a statement of intent for a long-term strategic partnership to build "Flare," which CERN says would be the first foundation model for collider physics.
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