China's tech giants order $35B in Nvidia chips

• Air Space IntelligenceBoston$325M Series C

  Air Space Intelligence (ASI) is a software-first aerospace & defense company, partnering with organizations such as US and allied government agencies and major airlines to ensure the world's most complex air operations succeed. Led by Spark Capital.

• PigmentParis$250M Late VC

  AI-powered business planning and performance management platform. Backed by Scaleup Europe Fund and ICONIQ Growth.

• FAIRINOSuzhou Shi$138M Series D

  Collaborative robots for flexible industrial automation solutions. Backed by Meituan and Meituan Longzhu.

$76B across 918 rounds in October so far, by headquarters and by sector.

• hydkenZurich

  Next-generation chemical admixtures for low-carbon concrete.

  OMADOlga Meichtry & Arnesh Das founded it. Meichtry worked at Accenture and EY. Das previously founded Calspak.

• MattersStockholms kommun$5M raised

  AI-powered banking for automated financial wellbeing.

  PÖAFPer Österström & Adam Freudenthal founded it. Österström previously founded Sambla Group. Freudenthal worked at Voi and McKinsey & Company.

• NeuroBiomeParis

  AI-powered microbiome intelligence for neurological care.

  JPJessica Perego founded it after working at Assistance Publique - Hôpitaux de Paris.

• China's tech giants order $35B in Nvidia chips — and Nvidia can't deliver

  ByteDance, Alibaba, and Tencent have collectively ordered more than $35 billion worth of Nvidia's RTX Pro 5500 GPUs, one of the most powerful chips still compliant with US export controls, according to Reuters.

• OpenAI races to raise $30B at $1.4T valuation ahead of Anthropic IPO

  OpenAI is in talks to raise about $30 billion at a valuation above $1.4 trillion, Reuters reports, with SoftBank and Abu Dhabi's MGX among potential participants.

• Anthropic nears second $45B compute deal with Nscale

  Anthropic and AI infrastructure provider Nscale are in talks for a second compute deal worth about $45 billion, Bloomberg first reported.

• Air Space IntelligenceBoston$325M Series C

  Air Space Intelligence (ASI) is a software-first aerospace & defense company, partnering with organizations such as US and allied government agencies and major airlines to ensure the world's most complex air operations succeed. Led by Spark Capital.

• Reliable RoboticsMountain View$115M Series D

  Advanced automation systems for aircraft. Backed by Nimble Partners and Allen & Company.

• DaytonaNew York$60M Series B

  An all-in-one dev environment orchestration and management platform – designed with individual developers and enterprise teams in mind. Led by FirstMark.

$64B across 314 rounds in the US in October so far, by city and by sector.

• PlurelLos Angeles

  Social finance platform for group payments.

  CCGSSCConnor Chisick, Guillermo Sanchez Garcia & Samuel Chisick founded it. Chisick previously founded Trojan Student-Managed Investment Fund. Garcia worked at Fiverr.

• ThermaLabsPhiladelphia

  Wearable refrigeration system built into clothing.

  AAMAAhmad Alkhayyat & Mohammad Al Khayyat founded it. Alkhayyat worked at McKinsey & Company. Khayyat previously founded Norro - The only Smart Valet solution needed..

• CycleLink AIOmaha

  AI-powered proof of delivery for automated payments.

  KRKrishna R. founded it after working at Medline Industries.

• China's tech giants order $35B in Nvidia chips — and Nvidia can't deliver

  ByteDance, Alibaba, and Tencent have collectively ordered more than $35 billion worth of Nvidia's RTX Pro 5500 GPUs, one of the most powerful chips still compliant with US export controls, according to Reuters.

• OpenAI races to raise $30B at $1.4T valuation ahead of Anthropic IPO

  OpenAI is in talks to raise about $30 billion at a valuation above $1.4 trillion, Reuters reports, with SoftBank and Abu Dhabi's MGX among potential participants.

• Salesforce to buy Braze for $5.66B: a 58% premium, but below Braze's 2021 IPO price

  Salesforce has agreed to acquire customer engagement platform Braze for about $5.66 billion in enterprise value, the companies announced on October 20, 2026.

• PigmentParis$250M Late VC

  AI-powered business planning and performance management platform. Backed by Scaleup Europe Fund and ICONIQ Growth.

• BlackwallTallinn$100M Series C

  A bot dedicated to delivering services to protect website from malicious bots, crawlers, scrapers, and hacker attacks. Backed by AVP and Dawn Capital.

• Hello BabaDriffield$40M Series A

  Pacifier Clips & Teething Necklaces | Safety certified & Loved by Moms. Backed by General Catalyst.

$4B across 265 rounds in Europe in October so far, by headquarters and by sector.

• hydkenZurich

  Next-generation chemical admixtures for low-carbon concrete.

  OMADOlga Meichtry & Arnesh Das founded it. Meichtry worked at Accenture and EY. Das previously founded Calspak.

• MattersStockholms kommun$5M raised

  AI-powered banking for automated financial wellbeing.

  PÖAFPer Österström & Adam Freudenthal founded it. Österström previously founded Sambla Group. Freudenthal worked at Voi and McKinsey & Company.

• NeuroBiomeParis

  AI-powered microbiome intelligence for neurological care.

  JPJessica Perego founded it after working at Assistance Publique - Hôpitaux de Paris.

• China's tech giants order $35B in Nvidia chips — and Nvidia can't deliver

  ByteDance, Alibaba, and Tencent have collectively ordered more than $35 billion worth of Nvidia's RTX Pro 5500 GPUs, one of the most powerful chips still compliant with US export controls, according to Reuters.

• Anthropic nears second $45B compute deal with Nscale

  Anthropic and AI infrastructure provider Nscale are in talks for a second compute deal worth about $45 billion, Bloomberg first reported.

• FAIRINOSuzhou Shi$138M Series D

  Collaborative robots for flexible industrial automation solutions. Backed by Meituan and Meituan Longzhu.

• Beijing Zhishu TechnologyChina$27.5M Series C

  High-tech enterprise developing and producing CT X-ray tubes. Backed by CICC and Hongchuang Capital.

• Dat BikeDa Nang$26M Series B

  Vietnamese startup producing compelling and dependable electric bikes. Led by Japan's F.

$8.2B across 339 rounds outside the US and Europe in October so far, by headquarters and by sector.

• China's tech giants order $35B in Nvidia chips — and Nvidia can't deliver

  ByteDance, Alibaba, and Tencent have collectively ordered more than $35 billion worth of Nvidia's RTX Pro 5500 GPUs, one of the most powerful chips still compliant with US export controls, according to Reuters.

• Ex-OpenAI leaders launch defense startup Arda at $1.5B valuation

  Arda, a defense startup founded by former top OpenAI employees, has raised capital at a $1.5 billion valuation, led by Altimeter Capital.