The Daily Deal
Monday 26 October 2026
Elon predicts ‘guppy-level death’ for 200+ neoclouds — Fuse’s Alan Chang tells his team to get ready to buy the distressed data centres
- Chart of the day The North of England has more university spinouts than Cambridge or Oxford.
- Just raised Amogy $200M, Beijing Qujing Technology $179M, Nous $17M.
- In the news Elon predicts ‘guppy-level death’ for 200+ neoclouds — Fuse’s Alan Chang tells his team to get ready to buy the distressed data centres, and two more stories.
Chart of the day
Open the chartThe North of England has more university spinouts than Cambridge or Oxford
The North of England has 503 university spinouts, more than Cambridge (432) or Oxford (351) and second only to London (583). Manchester leads with 141, ahead of Sheffield (73), Newcastle (63) and Leeds (60).
Just raised
All funding news-
AmogyNew York$200M Series CInnovative Clean Energy Solution using Ammonia as a Fuel. Backed by The Export-Import Bank of Korea and Citibank Korea.
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Beijing Qujing TechnologyChina$179M Series BArtificial intelligence infrastructure firm building advanced tools and systems to help organizations deploy large-model applications and retrieval-augmented generation at scale. Led by Zhejiang Finance Capital and Xiaoshan Capital.
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NousLondon$17M Series BHelping households get smart and stay vigilant.
By country
- US$98B
- China$18B
- South Korea$2.7B
- India$1.3B
- UK$1.2B
- France$848M
By sector
- Enterprise$102B
- Health$7.1B
- Fintech$5.2B
- Hosting$4.4B
- Semiconductors$3.6B
- Energy$3.5B
$126B across 1,114 rounds in October so far, by headquarters and by sector.
In the news
View all news stories- Elon predicts ‘guppy-level death’ for 200+ neoclouds — Fuse’s Alan Chang tells his team to get ready to buy the distressed data centres
- Elroy Air CEO details Chaparral drone ahead of $961M SPAC merger
Elroy Air chief executive officer Andrew Clare used an October 21 SPAC Insider podcast to make the case for the autonomous cargo drone maker's proposed $961 million merger with Inflection Point Acquisition Corp.
- Alpha Dhabi commits $1B to Alpha Wave III after SpaceX, OpenAI exposure
Alpha Dhabi Holding, listed on the Abu Dhabi Securities Exchange, has signed an agreement to commit $1 billion to Alpha Wave III, a venture capital fund managed by Alpha Wave Global.
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