China-linked hackers used AI agents to hit 2,250+ Microsoft 365 tenants

• DeepSeekChina$15B Series B

  Cost-efficient large language models and AI research.

• Beijing Huixi Intelligent Information TechnologyChina$375M Series B

  Innovative vehicle-mounted intelligent computing platform, providing high-end intelligent driving chips, easy-to-use open tool chains and full-stack autonomous driving solutions.

• Xona SpaceBurlingame$250M Series D

  High-accuracy satellite navigation for autonomous systems infrastructure. Led by Future Ventures.

$96B across 1,057 rounds in October so far, by headquarters and by sector.

• NeuroCADBulgaria

  AI-native CAD/CAE built from scratch in Rust.

  LNLachezar Nikolov founded it after working at Sensata Technologies and Visteon.

• SolveraOslo$6M raised

  AI-native building engineering firm for the construction industry.

  TTPRAMThorvald Thorsnes, Pål Rasmussen & Arif Mirza founded it. Thorsnes previously founded Enode. Rasmussen worked at Autodesk and Spacemaker AI.

• IntectZurich

  Wireless sensors that monitor moisture in screed to predict floor readiness.

  FLJLFelix Liebl & Johannes Lohner founded it. Liebl worked at Coesia and Atlantic Zeiser. Lohner worked at Sika and Bouygues Construction.

• China-linked hackers used AI agents to hit 2,250+ Microsoft 365 tenants via ConnectWise, reaching admin access in under 3 hours

  Microsoft disclosed that Storm-0940, a China-state aligned actor, used an open-source AI penetration-testing framework called ARTEX to automate attacks on hundreds of organisations worldwide.

• Rogue AI agents are already inside US bank accounts, Axios reports
• Spain's Seaya raises €600M for its first growth fund and opens in London, as EU money targets Europe's scale-up gap

  Madrid's Seaya has raised €600 million at first close for Seaya Nova, its first growth fund, in six months, the firm said.

• Xona SpaceBurlingame$250M Series D

  High-accuracy satellite navigation for autonomous systems infrastructure. Led by Future Ventures.

• M2X EnergyRockledge$239M

  End-to-end developer of modular, transportable gas-to-liquids systems that economically produce low-carbon methanol from stranded methane.

• Warp SciencesSouth San Francisco$215M Early VC

  AI and robotics-driven drug discovery chemistry services. Backed by Lightspeed Venture Partners and IVP.

$67B across 375 rounds in the US in October so far, by city and by sector.

• China-linked hackers used AI agents to hit 2,250+ Microsoft 365 tenants via ConnectWise, reaching admin access in under 3 hours

  Microsoft disclosed that Storm-0940, a China-state aligned actor, used an open-source AI penetration-testing framework called ARTEX to automate attacks on hundreds of organisations worldwide.

• Rogue AI agents are already inside US bank accounts, Axios reports
• Afore Capital raises $185M fund to back founders before they have an idea

  Afore Capital, a venture firm that calls itself the largest investor focused solely on pre-seed startups, has raised a $185 million fourth fund.

• Cognitive CreditLondon$40M Growth

  Advanced analytics and real-time updates for comprehensive corporate credit market data. Led by Summit Partners.

• Beyond VisionVila Franca de Xira$30.8M Early VC

  AI-powered autonomous UAVs for defense and commercial sectors. Backed by Indico Capital Partners and Lince Capital.

• Phononic VibesMilan$27.5M Late VC

  Introduces a new patented technology for vibration and noise control and isolation, with a circular economy approach. Led by Jolt Capital.

$4.9B across 311 rounds in Europe in October so far, by headquarters and by sector.

• NeuroCADBulgaria

  AI-native CAD/CAE built from scratch in Rust.

  LNLachezar Nikolov founded it after working at Sensata Technologies and Visteon.

• SolveraOslo$6M raised

  AI-native building engineering firm for the construction industry.

  TTPRAMThorvald Thorsnes, Pål Rasmussen & Arif Mirza founded it. Thorsnes previously founded Enode. Rasmussen worked at Autodesk and Spacemaker AI.

• IntectZurich

  Wireless sensors that monitor moisture in screed to predict floor readiness.

  FLJLFelix Liebl & Johannes Lohner founded it. Liebl worked at Coesia and Atlantic Zeiser. Lohner worked at Sika and Bouygues Construction.

• China-linked hackers used AI agents to hit 2,250+ Microsoft 365 tenants via ConnectWise, reaching admin access in under 3 hours

  Microsoft disclosed that Storm-0940, a China-state aligned actor, used an open-source AI penetration-testing framework called ARTEX to automate attacks on hundreds of organisations worldwide.

• Spain's Seaya raises €600M for its first growth fund and opens in London, as EU money targets Europe's scale-up gap

  Madrid's Seaya has raised €600 million at first close for Seaya Nova, its first growth fund, in six months, the firm said.

• Recursive debuts Flint, a laptop coding model it says AI largely built

  Recursive on Wednesday released Flint, a free coding model that runs on a laptop and was built largely with the help of AI.

• DeepSeekChina$15B Series B

  Cost-efficient large language models and AI research.

• Beijing Huixi Intelligent Information TechnologyChina$375M Series B

  Innovative vehicle-mounted intelligent computing platform, providing high-end intelligent driving chips, easy-to-use open tool chains and full-stack autonomous driving solutions.

• Huantian WisdomChina$165M Series C

  Smart street light and urban infrastructure facilities.

$24B across 371 rounds outside the US and Europe in October so far, by headquarters and by sector.

• China-linked hackers used AI agents to hit 2,250+ Microsoft 365 tenants via ConnectWise, reaching admin access in under 3 hours

  Microsoft disclosed that Storm-0940, a China-state aligned actor, used an open-source AI penetration-testing framework called ARTEX to automate attacks on hundreds of organisations worldwide.

• Israel weighs up to NIS 1B fusion push as data-centre demand strains the grid