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The Daily Deal

Tuesday 20 October 2026

OpenAI's ad run-rate hits $1B

Chart of the day

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Unicorn cities in North America

Unicorn cities in North America. Every North American hub on one map, sized by the number of unicorns headquartered there, beside the region's top ten in the Global Tech Ecosystem Index 2026 for Global Champions, Density Leaders and Rising Stars.

The map plots every North American tech hub, with each city sized by the number of unicorns headquartered there. Next to it sit the region's top ten cities in the Global Tech Ecosystem Index 2026, ranked as Global Champions, Density Leaders and Rising Stars.

Just raised

All funding news
  • TenstorrentSanta Clara$1.5B Series E

    Building a new processor engineered to power machine learning and smart hardware.

  • NeolixChina$400M Series E

    Developing level-4 autonomous delivery vehicles for urban logistics and smart-city infrastructure. Led by Boyu Capital.

  • AaltoSemiNanjing City$206M Series A

    A manufacturer of packaging substrate products. Backed by Heli Capital and Lushan Science and Technology Investment.

By country

  • US$63B
  • South Korea$2.7B
  • China$2.1B
  • India$1.3B
  • UK$1.1B
  • Spain$643M

By sector

  • Enterprise$55B
  • Health$6.4B
  • Fintech$5.4B
  • Hosting$4.4B
  • Semiconductors$3.3B
  • Energy$3B

$75B across 837 rounds in October so far, by headquarters and by sector.

  • Cedari AISan Francisco

    Agentic commerce API for real product transactions.

    VRYYVikrant Ramteke & Yadi Yasheng founded it. Ramteke previously founded TotSpot and Finderous. Yasheng worked at Amazon and Firaxis Games.

  • GasLabAmsterdam$1M raised

    Generative AI music platform ensuring artist attribution.

    TERZThijs Emondts & Reinier Zonneveld founded it. Emondts worked at Lehman Brothers and The Financialist. Zonneveld studied at University of Amsterdam.

  • AltitudeLisbon

    Compact laser modules for unmanned platforms and space.

    MPMarco Piccardo founded it after working at Optical Society of America.

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