Hexaware names Vivek Jetley CEO, approves $1M Mauritius subsidiary
Hexaware Technologies has appointed Vivek Jetley as its new chief executive officer, succeeding R Srikrishna, its board decided on October 28, 2026. The same meeting approved up to $1 million to incorporate a…
Foundry Robotics lands $100M to own and run AI-powered factories
Foundry Robotics has raised a $100 million Series A led by Marlinspike Partners to build and operate autonomous factories for complex assembly. Khosla Ventures, Red Glass Ventures, SE Ventures, Wing VC, Axiom Ventures,…
Intel buys Classiq for a reported $2.3B
Five charts on Intel’s agreed purchase of Classiq, announced 26 October 2026: Classiq’s valuation and funding rounds, who backed it round by round, the largest exits of quantum computing companies, Intel’s largest…
The dollar built Silicon Valley, says VC researcher — and it can't be copied
Nicolas Colin, head of research at Vsquared Ventures, argues that US venture capital dominance stems from what he calls the "overflow mechanism" — foreign money pouring into US Treasuries and blue-chip stocks, which…
Mubadala's head of ventures exits to launch Noha, seeded by his former employer
Ibrahim Ajami, head of ventures at Mubadala Capital, is set to leave the firm next year to launch his own fund, Noha, with a seed commitment from Mubadala, the Financial Times reported on 28 October (a scoop by Ivan…
FuriosaAI raises $620M Series D, quadruples valuation to $2.9B in Nvidia challenge
South Korean AI chip startup FuriosaAI has raised $620 million in a Series D round, lifting its valuation to $2.9 billion — roughly four times its previous $735 million mark. US-based Infinitum Partners led a roster…
Monumental's robots lay every brick of a Dutch house as fleet tops 100 homes
Monumental 's autonomous robots laid every brick of a house in Almere, the Netherlands, marking a full build completed by machine rather than human bricklayers. The company designs, builds, and operates a fleet of…
Anthropic files for an IPO
Five charts on Anthropic’s IPO filing of 26 October 2026: its valuation from an $845M Series A in 2021 to a reported $1.5T–$2T target, quarterly revenue and operating results from the S-1, the second quarter of 2026…
Lightspeed tops $750M target for AI buyout fund
Lightspeed Venture Partners has raised more than $750 million for its AI Renaissance Fund and a related co-investment vehicle, surpassing its initial target, according to a Wall Street Journal report. Partner Isaac Kim…
Upwind raises $400M at $3.8B valuation, rejecting Datadog's buyout bid
Upwind, a San Francisco- and Israel-based cloud and AI security startup, has raised $400 million in a Series C round led by Bessemer Venture Partners at a $3.8 billion valuation. New backer Canapi Ventures joined…
Emkay Global reshuffles asset and wealth units under new subsidiary, backs it with US$4.07M
Emkay Global Financial Services said on Wednesday it will transfer its two wholly-owned subsidiaries — Emkay Investment Managers (EIML) and Emkay Wealth Advisory (EWAL) — to newly incorporated subsidiary Emkay Capital…
K3Metrology lands £2M Innovate UK grant for measurement platform
K3Metrology has secured a £2 million ($2.7 million) grant from Innovate UK to develop Metralis, its next-generation coordinate measurement platform. The award came through Innovate UK's Investor Partnerships programme,…
YK-Robotics raises €1M seed to let factories program robots with plain words
YK-Robotics has closed a €1 million seed round co-led by Draper B1 and First Drop. BStartup, Coben Ventures, Elephant Capital, and Plug and Play also participated.
BY Venture Partners closes $60M Fund III to back AI-native startups
UAE-based BY Venture Partners has closed its third fund at $60 million to back AI-native startups from pre-seed to Series A. The fund is anchored by the Dubai Future District Fund (DFDF), with participation from…
Genting calls for $308 million rights issue as $618 million debt bill looms
Genting Berhad is raising US$298.9M through a renounceable rights issue to repay debt and fund working capital. The Malaysian gaming, leisure and hospitality group announced the post-IPO equity raise in October,…
ISLAND Beauty raises $271,000 seed round led by AJ VC
ISLAND Beauty, an Indian skincare brand that pairs Korean ingredients with formulations built for local skin, has raised US$350.4K from AJ VC. The brand will spend the money on product development, brand awareness, and…
Docterz raises $524K with 60% from the doctors who use it
Indian healthtech startup Docterz has raised US$679K from around 35 investors, with nearly 60% of the capital coming from doctors who use its platform. SUGAR Cosmetics co-founder Vineeta Singh and CaratLane co-founder…
Hungary's Intellihr raises $303K to scale AI recruiting platform
Hungarian recruiting startup Intellihr has raised 100 million forints (roughly $303,000) from Óbuda Uni Venture Capital (ÓUVC), the investment fund of Óbuda University. The round was led — and solely financed — by ÓUVC.
China Sandi raises $892K in placing that dilutes holders by 16.67%
China Sandi Holdings completed a share placing on October 28, issuing 5,088,000 new shares at US$0.17 each to raise US$846.2K gross. The new shares equal 16.67% of the enlarged share capital, making it a materially…
Alma Media buys Finnish property-data firm KTI, €3M in revenue
Alma Media is acquiring KTI Kiinteistötieto Oy, a Finnish provider of research and analytics for the real estate sector, for an undisclosed sum. Ownership transfers on November 1, 2026, with KTI reported under the Alma…
Venttup raises $3M to build precision parts for defence and aerospace
Venttup has raised $3 million in a Series A round co-led by Rainmatter and Unicorn India Ventures. The company will use the capital to expand precision manufacturing capabilities for the defence, aerospace, and energy…
Coratia raises $1.89M extension to fuel Indian Navy underwater robotics deal
Underwater robotics startup Coratia Technologies has raised US$2.44M (roughly $1.89 million) in a Series A extension led by MGF Kavachh. The capital will fund its US$8.96M Indian Navy programme, research and…
Xingkeyuan raises $15M for nano-silicon battery push
Hangzhou Xingkeyuan New Materials Technology has raised US$13.8M (roughly $15 million) in an early-stage round led by Hony Capital. Xiamen Tungsten Industry Fund and Yibin Talent Fund joined. Founded in 2022, the…
Argotec lands €50M from Nuo to scale satellite production
Italian satellite maker Argotec has raised €50 million (roughly $55.8 million) in growth equity from investment holding company Nuo. It marks the first outside capital for the Turin-based company, which had funded its…
Auriga raises €80M interim close for second European cybersecurity fund
French venture firm Auriga Partners has secured €80 million in an interim close for Auriga Cyber Ventures II, its second fund dedicated to cybersecurity. It will back early-stage European startups in AI security,…
Evolany buys Japan's Izu Info to bolster AI product development
Japanese AI firm Evolany has acquired all shares of system developer Izu Info, effective October 1, 2026, bringing it into the group. The price was undisclosed.
Bleu Robotics raises €5M to cut humanoid robot training to 20 minutes
Paris-based Bleu Robotics has raised €5 million (≈$5.6 million) in a pre-seed round led by Contrarian Ventures and OVNI Capital. The startup is building industrial humanoid robots it says can be deployed on factory…
MuRay raises €7.1M to see inside rocket engines
Hamburg-based deeptech startup MuRay Tech has raised €7.1 million to build imaging technology that lets manufacturers see inside dense industrial components — including 3D-printed rocket engines and turbines — to detect…
Kakao Games, Krafton back AIZ Entertainment with $14.9M for AI chatbot messenger
AIZ Entertainment, led by former Kakao chief executive officer Namkoong Whon, raised US$16.8M in an early VC round from Kakao Games and Krafton. Each investor contributed US$8.38M. The startup is building a platform…
Freshworks buys Israel's Robusta as CoStar, EnerSys strike $1B in deals
Freshworks has acquired Israeli AI software company Robusta Dev for an undisclosed sum, adding AI-assisted incident investigation to its Freshservice IT service management platform. The deal was announced in October,…
Juqiao Industries raises $15M Series A led by Ant Group for fabric e-skin
Juqiao Industries, a Chinese maker of flexible fibre sensors, has raised a US$13.8M (roughly $15 million) Series A led by Ant Group. Existing backers Lingyi Venture Capital, Weihai Gangrong, and Qingdao Hexin added to…
Anand Rathi taps private debt again with $1.21M NCD issue
Anand Rathi Share & Stock Brokers has raised US$1.56M through a private placement of non-convertible debentures (NCDs). The Mumbai-based broker allotted 1,150 secured, unlisted and redeemable debentures with a face…
Challenger pulls in another $212M, pushing annuity-note program to $745M
Challenger, Australia's largest retirement income business, has raised US$194.1M (≈$212 million) in post-IPO debt through five-year annuity-backed notes. It was the second issuance under the company's US$3.88B…
LIGHTWORKS buys assessment specialist management base to link hiring and training
Japan's LIGHTWORKS has acquired management base co., ltd., completing the share purchase on October 16 and making it a group company. The deal value and stake were not disclosed. LIGHTWORKS, founded in 2001, runs the…
Invion posts 79% disease control in skin cancer trial, adds director
Invion has appointed Paul Field as independent non-executive director, succeeding Alistair Bennallack, as the ASX-listed biotech advances its light-activated cancer therapy. The move came alongside preliminary Phase I…
Israel's Sightec raises $6M for GPS-free drone navigation
Sightec, an Israeli developer of visual-navigation technology for drones, has raised US$5.5M in a funding round announced on October 29, 2026. New investors Powerhouse Ventures and New River Asset Management backed the…
Fingular lands $20M credit line to grow Malaysia lending
Malaysian fintech Fingular has secured a $20 million credit facility to expand its lending business, the company said in October 2026. It will deploy the full amount in Malaysia, bringing total funding for its local…
Vinyl Group chair extends $1.41M loan as cash falls to $777K
Vinyl Group chair Ken Gaunt has agreed to lend the ASX-listed publishing and music platforms company another US$1.29M as it chases profitability. The post-IPO debt facility was disclosed alongside Vinyl's quarterly…
Belgium's Ravical raises $17M to take AI accounting agents across Europe
Ghent-based Ravical has raised $17 million in growth equity funding to expand across Europe. The startup, founded in 2025, builds AI agents that automate work for accounting and tax firms.
Scan Global to buy $780M-revenue OIA Global in its biggest-ever deal
Scan Global Logistics (SGL Group) has signed an agreement to acquire OIA Global, a Portland, Oregon-based supply chain and logistics provider, in what it calls the largest investment in its history. Terms were not…
Thirty Three Threads secures expanded asset-based facility from Mountain Ridge Capital
Thirty Three Threads, a B2B retail and merchandising partner serving boutique fitness studios, has secured an expanded asset-based credit facility from Mountain Ridge Capital. The deal, announced October 28, 2026,…
Novra raises $926K post-IPO to fund defense push and settle debt
Novra Technologies (TSXV: NVI) has raised US$953.3K through a non-brokered private placement with The David E. Chymiak Trust. The company issued 10,000,000 common shares at US$0.1 each, with no finder's fees or…
Connectivity startup Braid raises $38M to keep businesses online
Mobile connectivity developer Braid has raised a $38 million Series A round led by Octopus Ventures, chief executive officer Jignesh Dave told Axios Pro. The company builds technology to keep businesses connected,…
Voice AI startup Rime launches Prism after $24M Series A
Rime, a San Francisco enterprise voice AI company, launched Prism on October 28, 2026, a speech-to-speech model it bills as the first fine-tunable frontier model built for business use. The launch follows a $24 million…
Toronto's Beacon acquires Seattle farmworker payroll startup Ganaz
Toronto-based Beacon Holdings has acquired Ganaz, a Seattle startup providing payroll and HR software for agricultural workers and employers. Co-founder and chief executive officer Hannah Freeman announced the deal on…
Hyloris secures €6M debt package to extend runway into 2027
Belgian pharmaceutical company Hyloris has secured a €6 million financing package, the Liège-based firm said on Wednesday evening. The round is structured as post-IPO debt.
Texas's Citizens Bank completes merger with Texas National Bank, forming $1.3B lender
Kilgore-based Citizens Bank and Jacksonville's Texas National Bank complete their merger on October 26, operating under the Citizens Bank name. The combined bank will serve East and Southeast Texas through about 20…
Chahals launch $476,000 open offer for 26% of Natura Hue-Chem
Kanika Chahal and Anuj Chahal have launched a mandatory open offer for up to 26% of Natura Hue-Chem, a BSE-listed Indian chemicals company. The offer covers 1,077,778 shares at US$0.57 each, valuing the potential…
China's Zing Semiconductor lands $285M to expand 300mm wafer output
Zing Semiconductor Corporation, a Shanghai-based chip materials maker, has raised US$261.3M (roughly $285 million) from state-owned Shanghai Guosheng (Group) Co., Ltd. The investment lifts the company's registered…
Offe Market raises $3M seed to take off-price retail online
Los Angeles-based Offe Market has raised $3 million in a seed round to expand its off-price shopping marketplace. Slauson & Co. led the round, with participation from InvestTN and Baukunst, which led the company's…
SenzaGen buys UK animal-free drug tester Alcyomics for $2.82M
SenzaGen has agreed to acquire Alcyomics, a Newcastle-based specialist in non-animal immunotoxicology testing for drug development. The initial price is roughly US$3.38M, with up to US$3.02M in contingent payments.…
Three Nigerian startups each land $50K in MARL's 14th global cohort
Three Nigerian startups — Solarcorp, Bravoo, and Zendtrax — have been selected for the 14th cohort of US-based venture firm MARL's global accelerator, with each receiving $50,000.
Numeracle raises $28M to stop legitimate calls getting flagged as spam
Numeracle has raised $28 million in a Series B led by Edison Partners to keep legitimate business calls from being blocked or mislabeled as spam, the company told Crunchbase News exclusively. The McLean, Virginia-based…
BorderLogic files for $5.54M raise to roll up customs brokerages
BorderLogic has filed a Form D with the Securities and Exchange Commission for an exempt offering targeting $5,540,827 in new funding. The filing shows the company had sold about $2.01 million of that target as of…
BioGeometry raises $100M in Series A extension for its AI drug-design models
Beijing-based AI-native biopharma company BioGeometry has closed a Series A extension, bringing its total Series A funding above $100 million. China Life Capital led the round, with Shanghai Biopharmaceutical Fund…
Dotwork buys Arcario Group to put its AI steering platform into enterprises
Dotwork, an AI-native enterprise operating platform, has acquired Arcario Group, a consultancy focused on enterprise operating models and transformation. The deal closed October 23, 2026; financial terms were not…
Cross-chain platform Cancore raises $7.2M seed at $60M token valuation
Cancore, a cross-chain trading platform built on the Canton network, has raised $7.2 million in seed funding. The round valued its planned CNRX token at $60 million on a fully diluted basis.
Rapport raises $200M in stock sale as it widens RAP-219 to a second disease
Rapport Therapeutics (Nasdaq: RAPP), a clinical-stage biotech developing precision medicines for neurological and psychiatric disorders, raised $200 million in a common stock offering. The sale was part of a wider…
Yulong Aerospace lands Series A, its third round in six months
Chinese commercial rocket maker Yulong Aerospace has closed a Series A round led by Oriza Puhua, with Kaiyang Fund and Hangzhou Juxin Venture Capital among the participants. The company did not disclose the amount.
Tsinghua-founded Lankun raises hundreds of millions of yuan for optical I/O
Lankun Microelectronics, a Chinese optical interconnect startup founded by a team from Tsinghua University, has raised hundreds of millions of yuan across two back-to-back early-stage rounds. The first was led by…
Chiba Bank's succession fund buys out 60-year-old food wholesaler Kameya
The Chiba Engagement No. 1 fund, backed by Chiba Bank and Chibagin Capital, acquired Kameya Foods Co., Ltd. on October 1, 2026, through a special-purpose company. The deal is a buyout; terms were not disclosed.
Bubalus raises $2.11M to fund Skyline copper-gold acquisition in Tasmania
Bubalus Resources has secured firm commitments to raise US$1.94M (≈$2.11 million) via a share placement at US$0.05 per share, a 15.7% discount to its last traded price. Existing and new institutional investors, along…
General Magic buys Latch AI to add churn alerts to clinic software
General Magic has acquired Latch AI, the AI client-retention platform that flags when customers begin to disengage. Terms were not disclosed. The deal folds Latch's churn-detection technology into gema, General Magic's…
Blockhenge backs Nostr4's bid to make decentralised social apps easier to build
Blockhenge has made a seed investment in Nostr4, a Delaware public benefit corporation building standards and infrastructure for Nostr-based social apps. The deal, announced October 27, 2026, was completed through a…
China's Weizhi Aviation raises $15M to scale regional cargo drones
Weizhi Aviation, a Chinese maker of low-cost unmanned cargo aircraft, has raised US$13.8M in a Series A round. The Zigong General Aviation Industry Development Equity Investment Fund led the round, with Hangfa Fund…
K-beauty maker develnity secures $1.51M credit guarantee via Korea's 'First Penguin
South Korean K-beauty company develnity has been selected for the Korea Credit Guarantee Fund 's "First Penguin" program, securing a credit guarantee ceiling of US$1.68M (roughly $1.51 million) over three years. The…
Vulcan raises tens of millions of yuan to build China's rocket-hauling trucks
Yangzhou-based Vulcan has closed an early-stage round worth tens of millions of yuan, backed by Touhold Donghai (Shenzhen Investment Holdings). Founded in 2016, the company designs and builds specialised transport…
Emerge buys Labuan reinsurance broker to tap global capacity
Emerge Insurtech Holdings has completed its acquisition of Labuan-licensed Merlion Insurance Brokers, now renamed Emerge Reinsurance Brokers (Labuan) Ltd, following approval from the Labuan Financial Services Authority.…
SPIE buys 76% of Austria's SAR to deepen industrial automation push
French multi-technical services group SPIE has signed an agreement to acquire a 76% stake in SAR ANLAGENBAU GmbH, an Austrian electrical engineering and automation company operating in Austria and Germany. The deal…
Korea's Edge AI wins TIPS backing for up to $595K neuromorphic chip project
Edge AI, a South Korean physical-AI chip platform startup, has been selected for the Ministry of SMEs and Startups ' TIPS program, which will provide up to US$670.7K in research and development funding over two years.…
Dongxing's $10M profit jump follows Yijiabao deal, orthopaedics push
Dongxing Medical (301290) has acquired a controlling stake in Wuhan Yijiabao, moving the Chinese surgical-device maker into orthopaedic implants. The deal, announced in October 2026, saw Dongxing take 90% of Yijiabao,…
123NET lands $86M federal grant to expand Michigan fiber network
123NET, a Michigan-based fiber internet, colocation, and voice provider, has been awarded about $86 million through the federal Broadband Equity, Access and Deployment (BEAD) program. The grant, signed in October, will…
Falcon Capital buys strategic stake in energy investor Pont Capital
Falcon Capital Investments Limited, part of the Falcon Family Office Group, has taken a strategic shareholder position in Pont Capital, a London-based energy and natural resources investor. The deal, announced in…
Reed's lands $10M from majority investor to meet refinancing deadline
Reed's, the craft ginger beverage maker behind the Reed's, Virgil's, and Flying Cauldron brands, has priced a $10 million private placement with its majority investor, D&D Source of Life Holding. The company will sell…
JAB enters UK with Utmost Life and Pensions deal, adds £5B in assets
JAB Insurance has completed its acquisition of Utmost Life and Pensions, a UK platform with more than £5bn in assets and nearly 300,000 policyholders, from Utmost Group. The business will be renamed JAB Pensions. Terms…
Boluda buys Netherlands' Samskip to build Europe's leading short-sea shipping network
Spain's Boluda Shipping has agreed to acquire Dutch logistics firm Samskip in full, including all its assets and operations. The deal value was not disclosed. The combined company would link northern Europe with the…
Shimano buys full control of lure maker Jackall after 16-year partnership
Shimano has acquired all shares in Japanese lure maker Jackall, the company announced on its Japanese website in October. The price was undisclosed. Jackall, founded in 1999 by lure designer Seji Kato, is known for…
Replit buys Chroma to give its agents memory, shuts cloud in 60 days
Replit is acquiring Chroma, the company behind open-source vector database ChromaDB, the two firms announced. Financial terms were not disclosed. Replit plans to fold Chroma's retrieval and memory infrastructure into…
Andela co-founder's new startup raises pre-seed to train 1M African AI engineers
TalentNation, founded by Nigerian serial entrepreneur Iyinoluwa Aboyeji and South African entrepreneur Kesiah Valkin, has raised an undisclosed pre-seed round to train and deploy one million AI engineers from Africa…
Befesa lifts 2026 EBITDA view to €296M on US tax credit
Befesa has raised its full-year 2026 adjusted EBITDA guidance to €286 million–€296 million, including an expected €26 million US tax credit for its zinc refining in North Carolina. Excluding the credit, the…
FinSight raises $100M fund to bet on 'physical AI
FinSight Ventures has launched a $100 million venture fund, the FinSight Physical AI Index Fund, targeting companies that build AI systems to act in the physical world. It is the firm's second thematic index fund and…
Maccaferri buys Surface Tech to extend road life worldwide
Italy's Officine Maccaferri has acquired Surface Tech, the US maker of ARCA (Aramid Reinforced Composite Asphalt), for an undisclosed sum. Announced on October 12, 2026, the deal folds Surface Tech's technology into…
White Summit backs Nordic cooling-as-a-service firm Aneo Retail with up to €100M
White Summit Capital (WSC) has agreed to invest up to €100 million in Aneo Retail, a Nordic provider of cooling-as-a-service for food retailers. Danfoss, a global refrigeration specialist already a shareholder, is…
Banner posts $47.7M quarterly profit as it absorbs Bank of the Pacific
Walla Walla-based Banner Bank reported third-quarter 2026 net income of $47.7 million, or $1.36 per diluted share, down from $48.9 million the prior quarter and $53.5 million a year earlier. The decline followed its…
Uzbekistan's HabitKid raises $50K from Aloqa Ventures for family chores app
HabitKid, an Uzbekistan-based app for families, has raised $50,000 from Aloqa Ventures, according to a post on UzCombinator 's Telegram channel dated October 24, 2026. Aloqa Ventures is the only investor named.
Google DeepMind's Gemini 4 Carbon takes the #1 spot on Artificial Analysis, two weeks after Argon
On 28 October 2026, Google DeepMind announced Gemini 4 Carbon, the new frontier model from Alphabet | Google, which Google calls its strongest model yet for cybersecurity and long-horizon work. It arrives two weeks…
Closed Loop Partners lends to Renegade Plastics to scale recyclable PP fabric
Closed Loop Partners has provided a loan to Renegade Plastics, a Denver startup commercializing a recyclable, mono-material polypropylene (PP)-coated textile. The financing, issued through the firm's Catalytic Capital &…
AGR Partners closes $167M toward Fund IV, targeting food's "hidden middle
AGR Partners has closed $167 million in commitments to its fourth private equity fund as of September 2026, with four investments already announced. The firm is targeting $250 million and has set a $300 million hard cap.
Turkey's Polinas buys control of İmaj Ambalaj for €4.02M
Turkish plastics manufacturer Polinas has acquired a 67% controlling stake in İmaj Ambalaj for €4.02 million, according to a stock-exchange disclosure by parent investment company Gözde Girişim. İmaj Ambalaj makes…
Amalgamated Brands' $20M IPO is Zimbabwe's first in nearly two decades
Consumer-goods maker Amalgamated Brands has launched a $20 million initial public offering on the Victoria Falls Stock Exchange (VFEX), priced at $0.35 per share. The offer is split between $5 million of new shares for…
Korean D2C brand house Eastend lists on Konex after 43% sales jump
Eastend, the Korean company behind women's casual label CityBreeze and skincare brand VT Note, began trading on the Korea Exchange 's Konex market on October 26. The exchange approved the listing on October 22, with…
MaxiPARTS completes $7.87M acquisition of Air Brake Systems
MaxiPARTS has completed its US$7.25M (≈$7.87 million) acquisition of Air Brake Systems (ABS), an Australian commercial-vehicle braking specialist. The listed distributor confirmed completion in an ASX announcement dated…
Mogotes Metals to buy Filo Sur royalty from GRG for $13M in cash and stock
Mogotes Metals has signed a binding offer to acquire GRG Resources' 1.5% net smelter returns (NSR) royalty on the Filo Sur project, spanning Argentina and Chile, for $13 million. A Mogotes subsidiary will pay $6.5…
Colombia's Celes raises $5M Series A to enter Brazil's retail market
Celes, a Colombian retail software startup founded in Barranquilla in 2023, has closed a $5 million Series A led by Brazilian fund SP Ventures. Fulcrum Global Capital (US), 30N Ventures (Mexico), and Taram Capital…
Sukos raises $6M Series A for advanced-packaging plating gear
Sukos (Jiangsu) Semiconductor Equipment Technology has closed a US$5.5M Series A, jointly backed by Hexi Group, Kunshan High-tech Venture Capital, and Pudong Science and Technology Investment.
Leasys lands €500m bond, nearly twice oversubscribed
Leasys, the vehicle leasing joint venture between Stellantis and Crédit Agricole Personal Finance & Mobility, has priced a €500 million senior unsecured bond. The three-year notes mature in October 2029 and carry a…
Emerald Nuclear's marine reactor project wins $2.15M Norwegian grant
The Research Council of Norway has awarded a grant of US$2.42M to the Marine Nuclear Propulsion System (MarNuPS) project, led by the Norwegian subsidiary of US reactor startup Emerald Nuclear. The grant supports the…
Carlyle Global Credit backs Summit Group financing to fund next acquisition
Carlyle Global Credit has provided a financing package to Summit Group, a provider of trust, fund, corporate and advisory services, the lender's legal adviser Mayer Brown confirmed in late October. Summit serves private…
Chapter buys Hively to build out its retirement platform
Medicare navigation startup Chapter has acquired Hively, a personalised retirement navigation and membership platform for older adults. The deal value was undisclosed. Hively co-founders Angela Gu and Jenn Kim join…
micro1 CEO Ali Ansari: AI data labelling could grow from $30-50B a year to about $1 trillion
What's the story? Ali Ansari, the 25-year-old CEO of $4 billion AI training-data company micro1, laid out how frontier models get smarter, and who gets paid for it, in a long interview with Morning Brew co-founder Alex…
phData lands Anthropic-backed funding to scale its Claude enterprise services
phData, a Minneapolis-based AI and data services firm, has raised new late-stage funding led by existing investor Gryphon Investors, with participation from Anthropic. The company did not disclose the amount or terms.…
Bombay Coated raises $5.68M from anchors ahead of $19M IPO
Bombay Coated and Special Steels raised US$7.35M from six anchor investors on October 28, a day before its US$24.9M initial public offering opened for subscription. The company allotted roughly 6.6 million shares at…
Airbnb commits $500M to its nonprofit for crisis housing
Airbnb will donate a portion of revenue from every booking to Airbnb.org, its independent nonprofit, targeting $500 million over five years. The company says the money will put the nonprofit on a path to provide one…
Amphenol buys defense PCB maker AdvancedPCB in deal-heavy run
Industrial Growth Partners (IGP) has agreed to sell AdvancedPCB to Amphenol Corporation, exiting a holding it acquired in October 2021. Financial terms were not disclosed. The deal is subject to US regulatory approvals…
Rendezvous Robotics raises $20M to build spacecraft that assemble themselves in orbit
Rendezvous Robotics, a Golden, Colorado-based startup, has raised $20 million in an oversubscribed seed round to develop modular spacecraft that autonomously assemble, expand, and reconfigure in orbit. MaC Venture…
France's Dyameo raises €3M to bring real-time cancer-margin tool to market
French medtech Dyameo has raised €3 million to commercialise TempoTouch, a system that helps surgeons check in real time whether they have fully removed a tumour. Returning investors Medevice Capital and NACO were…
American Advanced Materials raises $12.5M to revive US titanium sponge
American Advanced Materials (AAM) has raised $12.5 million in seed funding to build a domestic titanium sponge manufacturer, the Mountain View, California, startup said on October 28. Amity Ventures led the round, with…
Caravel Bio lands $1.25M NSF grant to scale AI protein engine
Caravel Bio has secured a $1,246,984 Small Business Innovation Research (SBIR) Phase II grant from the National Science Foundation. The Portland-based company builds systems to discover, engineer, and manufacture…
Tree Line closes $680M private-credit continuation vehicle
US direct lender Tree Line Capital Partners has closed a $680 million private-credit continuation vehicle, with PGIM and LGT Capital Partners as co-lead investors. The vehicle gives existing investors across several…
Spain's OWO raises €2.7M to bring haptic tech to defense training
OWO, a Málaga-based haptics startup, has raised €2.7 million ($3 million) in a round backed by Arcano Partners and Fundalogy. The money will fund the development and scaling of OWO Defense, its new division building…
Ex-Groww team launches Onto with $1M to refund travellers when hotel prices drop
Onto, a Bengaluru travel startup founded by former Groww professionals Jagdeep Singh and Shubham Goyal, has launched with $1 million in pre-seed funding. The round was led by Stargazer Fund and co-led by Singapore-based…
Biodelphis lands $121K FIT loan to advance targeted osteoporosis drug
Biodelphis Therapeutics has secured a US$91.7K Tech Seed loan from the Foundation for Innovation and Technology (FIT). The EPFL spinout was one of three Vaud startups backed on October 28, 2026, alongside PolaSight and…
UbiQD lands $200K state grant to build single-photon source for quantum computing
UbiQD, a Los Alamos-based quantum dot manufacturer, has received a $200,000 grant through New Mexico's Quantum Technologies Award. The money, from the Economic Development New Mexico Department's Technology and…
JetZero wins $5.3M FAA grant to test top-mounted engines
JetZero has been selected to receive $5.3 million from the Federal Aviation Administration under Phase IV of its Continuous Lower Energy, Emissions and Noise (CLEEN) program. The grant funds engine and nacelle…
Bambusa seeks $134M IPO to fund eczema antibody trials
Bambusa Therapeutics, a Boston-based immunology and inflammation biotech, plans to raise about $134.9 million by selling 9.4 million shares at $15 to $17 each in a Nasdaq IPO. The sum could rise to $155.8 million if…
Phoenix Mills to buy out CPP Investments in $572M mall deal
Phoenix Mills agreed to acquire CPP Investments ' 49% stake in Island Star Mall Developers (ISMDPL) for US$740M. The buyout lifts Phoenix Mills' ownership from 51% to 100%, giving it sole control of the retail-led,…
KKR closes first private credit continuation vehicle at $460M, led by AllianzGI
KKR has closed its first private credit continuation vehicle with more than $460 million in commitments, with Allianz Global Investors (AllianzGI) acting as lead buyer. The vehicle holds the assets of KKR Lending…
Quantum Elements, Qarakal land $2.4M BIRD grant for catalyst-discovery quantum platform
California-based Quantum Elements and Tel Aviv's Qarakal Quantum won a conditional grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation to jointly build a quantum simulation…
Transpharmation buys OrganoTherapeutics to add human brain organoids
UK-based contract research firm Transpharmation has acquired OrganoTherapeutics, a Luxembourg startup that builds patient-derived brain organoid models of neurodegenerative diseases. The deal, announced October 28,…
CellectGen wins SBIR grant for saliva-based periodontal test
CellectGen has received a Small Business Innovation Research (SBIR) grant to develop a saliva-based, point-of-care diagnostic for periodontal disease. The Frederick, Maryland company is building the platform with…
MIT fusion spinout Cambridge Heavy Industries raises $6.2M seed to build tritium-maker
Cambridge Heavy Industries, an MIT spinout developing a tabletop fusion device, raised $6.2 million in seed funding to build its first compact reactor in Massachusetts. Azolla Ventures led the round, with Overlay, the…
Anthropic files for IPO that could value it at $2T, raise over $100B
Anthropic filed its S-1 with the US Securities and Exchange Commission on October 26, 2026, setting up what could be the largest initial public offering ever. The AI company plans to list its Class A common stock on the…
Japan's bridge smile lands early VC backing for its AI installation platform
Tokyo-based bridge smile co., ltd. has raised early-stage venture funding from INNOVATION V Capital (IVC), a corporate venture capital fund. The startup runs "Tonari no Shitsujisan," a platform that lets customers book…
Meta AI director Rohit Patel exits to build Ndoc, an AI-native Office rival
Rohit Patel, a director at Meta Superintelligence Labs, is leaving after eight years to launch Ndoc, a startup pitched as an AI-native replacement for Microsoft Office and Google Workspace, TechCrunch reported on…
KOIL Energy raises $5.6M to grow subsea rental fleet after Q3 revenue jump
KOIL Energy Solutions has agreed to raise $5.6 million in gross proceeds through a private investment in public equity (PIPE), the deepwater equipment and services specialist said on October 28. Lucid Capital Markets is…
ETFs use 'perps' to sell bets on Anthropic and OpenAI before they go public
A string of exchange-traded products now offers ordinary investors exposure to unlisted Anthropic and OpenAI through perpetual futures, or "perps", the Financial Times reported on 28 October 2026. Perps were only…
SpaceX tells the FAA its outdated air traffic control caps 10,000 launches a year
SpaceX has told the Federal Aviation Administration that rocket production is no longer its main constraint — outdated air traffic control is. The company proposed dedicated launch corridors, faster approvals, and…
UK defence paid Palantir £186M more than it disclosed
The UK Ministry of Defence paid Palantir Technologies UK £282mn over a decade — £186mn more than the £95.9mn in publicly disclosed contract values, according to departmental records. At least part of the gap is…
US holds 72% of global AI compute; EU trails at 5%
The US has received 72% of the world's AI compute delivered since 2022, versus 5% for the EU and 10% for China, according to a new estimate from research group Epoch AI. Of the 27.4 million H100-equivalents that arrived…
EIB and HBOR open €300M loan line for Croatian SMEs
The European Investment Bank (EIB) has signed a €300 million loan with the Croatian Bank for Reconstruction and Development (HBOR) to finance small and medium-sized enterprises (SMEs). The deal, signed in Zagreb, is the…
India backs Manastu Space with $12.2M to ready green propulsion for deployment
India's Technology Development Board has committed US$15.8M (roughly $12.2 million) to Mumbai-based Manastu Space Technologies to advance its indigenous green propulsion system for satellites and launch vehicles. The…
Juno raises US$18.6M to drill Ontario's Ring of Fire
Juno Corp., a private Ontario explorer, has closed a non-brokered private placement for gross proceeds of US$18.5M. The company issued shares at US$2.93, US$3.3, and US$4.05 apiece, leaving it with 83,199,654 shares…
UPM to spin off plywood arm WISA, listing on Nasdaq Helsinki on November 2
UPM -Kymmene's board has decided to complete the partial demerger of its plywood business into a new company, WISA Group Plc, with completion set to register in the Finnish Trade Register on October 31, 2026. UPM…
Geekco hands new director Lepage 800,000 shares and options
Geekco Technologies (TSXV: GKO) has granted an aggregate of 650,000 stock options and 500,000 restricted share units to a director and a consulting firm. New director Marie Ginette Lepage receives 400,000 options and…
Bumble goes private in $1.3B Ithaca deal as founder exits CEO role
Investment firm Ithaca Holdings is taking dating-app maker Bumble private in a $1.3 billion deal, at $6.05 a share. Founder Whitney Wolfe Herd is stepping down as chief executive officer, handing the company to Ithaca…
Wilf family's WISE Ventures backs rec sports platform Rec, which has raised over $20M
WISE Ventures, the investment arm of the Wilf family, has made a minority investment in Rec, a recreational sports operations platform founded in 2022. Financial terms were not disclosed, but WISE principal Konrad von…
Begin Capital raises $100M Fund II, names three portfolio founders as venture partners
London-based Begin Capital has launched its second fund, raising $100 million to back early-stage deep tech startups globally, with a focus on European founders. It has named three founders from its first fund as…
AIIB backs NIO Capital's Eve ONE Fund III with $10M for mobility, energy tech
The Asian Infrastructure Investment Bank (AIIB) is investing $10 million in NIO Capital 's Eve ONE Fund III, a venture fund backing early-stage companies in new mobility, energy and supporting digital infrastructure.…
ixigo's Rajnish Kumar launches $105K fund for IIT Kanpur founders
ixigo co-founder and group co-chief executive officer Rajnish Kumar on October 28 launched the Made in Fire Fund, a US$135.8K initiative to back graduating IIT Kanpur students starting companies. The fund will support…
Carbon One lands €13.3M EU grant for green methanol demo plant
Berlin-based Carbon One (C1 Green Chemicals) has secured a €13.3 million ($14.8 million) grant from the EU Innovation Fund to scale up its green methanol technology at Leuna Chemical Park in Germany.
GE Vernova to buy Trench Group for $9B in grid-equipment push
GE Vernova has agreed to buy high-voltage grid equipment maker Trench Group from investment firm Triton Partners for $9 billion. The company will split the price equally between cash and debt, with closing expected in…
Credo Bank raises $10M in Georgia's first AT1 bank bond placement
Credo Bank, Georgia's fifth-largest commercial bank, has placed $10 million in perpetual, subordinated Additional Tier 1 (AT1) private bonds. TBC Capital acted as exclusive partner on the transaction, announced in…
Patrick stands by all-stock LCI merger as Monomoy bids $101 per share in cash
Patrick Industries on October 28, 2026 reaffirmed its all-stock merger agreement with LCI Industries after LCI received a rival cash offer. The deal would create a component solutions provider for the outdoor…
ARENA grants $1.41 million to apartment EV charging startup Alchemy Charge
The Australian Renewable Energy Agency (ARENA) has awarded a US$1.29M (≈$1.41 million) grant to Alchemy Charge, a Sydney-based startup building pay-per-use EV charging for apartments, car parks, and short-term rentals.…
Hectre opens US$2.98M lab to scan inside apples before export
Auckland agritech company Hectre has opened a research lab to develop hyperspectral scanning that assesses fruit quality from the inside — without cutting the fruit open. Agriculture Minister Todd McClay opened the…
Qatar's Startup Qatar wins 2026 UN award after helping establish 850+ startups
Invest Qatar won the 2026 United Nations Investment Promotion Award for its Startup Qatar initiative, which has facilitated the establishment of more than 850 startups in the country. The award, presented at UN Trade…
Mediclinic joins Abu Dhabi's Hub71+ Life Sciences to validate healthtech startups
Mediclinic Middle East has joined Hub71+ Life Sciences, Abu Dhabi's specialist ecosystem for biotech, medtech and digital health. The private healthcare provider signed a memorandum of understanding with Hub71 at the…
Dubai AI Campus doubles 2030 goal to 1,000 firms after passing $270M early
Dubai's Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved new targets for Dubai AI Campus: more than 1,000 artificial intelligence companies and over 5,000 skilled jobs by 2030. He signed off…
ABCRC taps Edmonton's Corral Ai to verify 2B recycled containers a year
The Alberta Beverage Container Recycling Corporation (ABCRC) has selected Edmonton-based startup Corral Ai to handle container detection, counting, and verification at its St. Albert and Calgary warehouses. ABCRC…
Korea Investment bets $4M on TikTok owner ByteDance, extending SpaceX and Anthropic streak
Korea Investment Partners has invested $4 million (US$4.61M) in ByteDance, the Chinese operator of TikTok, in a late-stage deal announced in October. The firm backed the company through a project fund, Korea Investment…
China's open AI models fall 26 points behind as new index hides the answers
Artificial Analysis released version 5 of its Intelligence Index on October 27, 2026, and the overhaul sharply widened the gap between closed and open-weight AI models. The leading open model now sits 26 points behind…
SK hynix sets up $1.5B credit program for domestic chip suppliers
SK hynix has launched a US$1.68B financing program with the South Korean government, four major banks, and a state insurer to provide cheaper loans to domestic semiconductor suppliers. The company signed the agreement…
Proparco lends €75M to Garanti BBVA Leasing for Türkiye's green transition
Proparco is providing a €75 million long-term loan to Garanti BBVA Leasing to fund the Turkish company's climate-related investments. The facility will finance renewable energy, energy efficiency, electric vehicles, and…
Compass Technology lands $1.99M SBIR award for radome diagnostics
Compass Technology Group, an Alpharetta, Georgia-based maker of radio frequency materials measurement equipment, received a $1.99 million Small Business Innovation Research (SBIR) grant in 2026 to develop its…
AP Ventures closes $300M Fund III for early-stage industrial tech
AP Ventures has closed AP Ventures Fund III LP at $300 million, raised from a global base of institutional investors. The London-based firm backs early-stage industrial and energy technology companies. It has already…
Uzbekistan's AgroBank opens accelerator offering pilots and up to $500K per startup
AgroBank and AgroVentures have opened applications for a 12-week corporate accelerator that will select up to 20 startups in agritech, fintech, and artificial intelligence. Participation is free, with no equity taken,…
Azerbaijan approves 20-year tax breaks for tech firms, startup investors and digital nomads
Azerbaijan's president signed decrees on October 22, 2026 approving sweeping tax incentives for technology park residents, startup investors, and digital nomads. The package extends tax breaks on eligible tech income,…
Yandex Armenia picks 10 teams from 140 bids for first startup accelerator
Yandex Armenia launched its first international startup accelerator, selecting 10 teams from 140 qualified applications for a three-month program. The initiative, launched in September 2026, pairs early-stage founders…
Trelleborg buys US aerospace plastics maker Tri-Mack in third such deal
Swedish engineered-polymer group Trelleborg has agreed to acquire Tri-Mack Plastics Manufacturing, a Rhode Island maker of high-performance thermoplastics and composites for aircraft engines and airframes. The purchase…
Eleveight AI plans $2B to eightfold its Armenia AI factory to 40 MW
Eleveight AI will invest $2 billion in a second phase of its Gagarin AI Factory in Armenia, adding 35 MW to reach 40 MW total. Construction has begun, with completion expected by mid-2027.
Monil hires reMarkable's CMO to build a global grazing-tech brand
Norwegian agritech startup Monil has hired Magnus Heimsjø as chief marketing officer, tasking him with building its brand internationally and expanding the marketing team. Heimsjø joins from reMarkable, where he was the…
Villoid enters Sweden with ex-Desenio chief Fredrik Palm backing push
Norwegian fashion e-commerce platform Villoid is launching in Sweden and has brought on Swedish retail veteran Fredrik Palm as investor and board member. Palm previously led Desenio Group as chief executive officer and…
Vienna and Raiffeisen open €7M growth fund for scaleups
The city of Vienna and Raiffeisenlandesbank NÖ-Wien have opened applications for Wiener Wachstum, a €7 million financing instrument for growth-oriented companies. Startups, scaleups and SMEs in Vienna's health and…
ResoTher Pharma takes public listing via reverse merger with Hunter Capital shell
Swedish-listed shell company Hunter Capital RTO 1 has signed a transaction agreement to reverse-acquire Danish biotech ResoTher Pharma, making it the operating business of the listed entity. ResoTher shareholders are…
Robotechnik tops up Hong Kong IPO with $34.8M over-allotment
Robotechnik Intelligent Technology raised US$33M through the partial exercise of its over-allotment option, concluding the stabilization period for its Hong Kong H-share offering. The sponsor exercised the option on…
Samsung C&T commits $687M to Samsung Biologics' $2B rights offering
Samsung C&T will invest US$770.5M (≈$687 million) in a rights offering by affiliate Samsung Biologics, acquiring 782,818 common shares. The commitment, resolved by its board on October 28, lifts Samsung C&T's total…
KPIT names Anant Talaulicar to US board, sets up $2M Vietnam arm
KPIT Technologies has appointed Anant Talaulicar as an independent director on the board of KPIT Technologies Inc., its unlisted US subsidiary. The board confirmed the move on October 28, alongside quarterly results and…
Liverpool spin-out Plasma2X raises £1.3m to cut fertiliser emissions
Plasma2X, a University of Liverpool spin-out, has raised more than £1.3 million to decarbonise nitric acid and fertiliser production. The package combines a £950,000 pre-seed equity round led by TSP Ventures with…
China Modern Dairy unit raises $75M in bonds amid dairy slump
China Modern Dairy Holdings has raised US$68.8M through a bond issue by its subsidiary Modern Farming. The deal, announced in October 2026, is structured as post-IPO debt.
Uniwater buys UK's Hy-Ram in its second British deal
Uniwater, a Northern European water infrastructure group, has acquired Hy-Ram Engineering, a Mansfield-based specialist in tooling, products and hire for the water sector. Terms were undisclosed. The deal, announced…
Falfurrias merges RED Group, IDS into new industrial automation platform
Falfurrias Capital Partners is combining Industrial Design Solutions and RED Group into a new platform focused on industrial automation and control systems integration. RED Group chief executive officer Carl Fangue will…
Emits inks underwriting deal ahead of Q4 2026 ACE Market listing
Antenna maker Emits Berhad has signed an underwriting agreement with Mercury Securities for its initial public offering on Bursa Malaysia 's ACE Market. The deal covers 35,158,000 shares available to the Malaysian…
AIBotics bets on wireless power with $22M Empulser deal
AIBotics has agreed to acquire Empulser Enterprises in an all-stock transaction valued at up to $22 million. The Miami-based AI-enabled robotics company signed the stock exchange agreement on October 2, and will take…
Magenta Living lands £77m to build 1,300 homes on Merseyside
Magenta Living, Wirral's largest housing provider, has secured £77 million in debt financing to build 1,300 new homes across the Liverpool City Region by 2030. The package includes a £12 million loan from CAF Bank and a…
Amanat's UK subsidiary buys complex-care firm Cornerstone for £76M
Amanat Holdings has acquired UK-based Cornerstone Healthcare Holdings through its wholly owned subsidiary Cambridge Health Group (CHG), the company announced. The all-equity deal, completed October 27, 2026, carries a…
NoorNation closes $1.05M seed as top client Linah Farms becomes investor
Cairo-based solar and water startup NoorNation has closed a $1.05 million seed round backed by agribusiness group Linah Farms, climate tech investor Catalyst Fund, and Saudi firm KBW Ventures. Founder and chief…
How Jamaica wooed Sutherland's 700-worker outsourcing centre
Prime Minister Portia Simpson Miller has welcomed US-based Sutherland Global Services to Jamaica, calling its new business process outsourcing (BPO) operation "a bold declaration that the country is ready for business…
CICC closes $17.1B triple merger to become China's fourth-largest broker by net capital
China International Capital Corporation (CICC) has completed a merger absorbing Dongxing Securities and Cinda Securities, in a deal valued at roughly US$15.7B. It is the first merger of three listed brokerages on…
Wealthsimple lands $303M at US$10.1B valuation to chase Canada's banks
Wealthsimple has agreed to a late-stage equity round of up to US$311.7M (roughly $303 million) at a post-money valuation of US$10.1B. GIC led the financing, with participation from Power Corporation of Canada, IGM…
Doosan units raise $140M fund to scout robotics and chip startups
Five Doosan Group companies are setting up a US$167.7M corporate venture fund to back promising startups. Doosan, Doosan Enerbility, Doosan Bobcat, Doosan Tesna, and Doosan Robotics will each contribute US$33.5M to…
Hall Chadwick to merge with rare-earth recycler REEcycle in $400M SPAC deal
Hall Chadwick Acquisition Corp (Nasdaq: HCAC) will merge with REEcycle, a US rare-earth recycling startup, in a transaction valuing the business at $400 million. The companies on October 27 unveiled the proposed board…
EnerSys to buy Ultralife for $320M, betting on defense power
EnerSys has agreed to acquire battery maker Ultralife in an all-cash transaction valued at about $320 million, including net debt. Ultralife shareholders will receive $16.00 per share — a 166% premium to the stock's…
Anthropic buys Mithril Medicine, a one-person biotech that ran a muscular dystrophy drug programme with Claude
Anthropic has acquired Mithril Medicine, a Cambridge, Massachusetts biotech whose founder Cody Tranbarger was its only full-time employee. Anthropic disclosed the deal on 27 October in a post on its drug-development…
Gaio raises $1.03M seed led by G4 to automate Instagram selling
Gaio, a Brazilian social selling startup, has raised US$1.41M in a seed round led by G4. An unnamed fund and angel investors also joined.
Phaze Ventures launches two funds targeting $75M for AI and deeptech
Oman-based Phaze Ventures has launched two new venture funds targeting more than $75 million combined, anchored by local institutional backers. Phaze Ventures Fund II, anchored by ITHCA Group and Oman LNG Development…
Valion Bio adds $4.72M in preferred stock, but only $1.5M is fresh cash
Valion Bio, a Delaware company that raises capital by issuing non-voting convertible preferred stock, has closed a $4.72 million private placement of Series C preferred shares and warrants. Existing Series C purchasers…
Peloton to acquire Oracle specialist Infolob in ecosystem consolidation push
Peloton Consulting Group, a Boston-based Oracle Fusion Cloud applications partner, has agreed to acquire Infolob Global, a technology services firm specialising in Oracle infrastructure, data, cloud modernisation, and…
Stuttgart's SkySpirit lands German federal games grant
SkySpirit, a Stuttgart-based studio, has been awarded a grant through the German federal government's video game funding programme, announced in October 2026. The reporting does not specify the grant amount or the…
Calgary's OCIF backs youth founder program MindFuel with $1.07M grant
The Opportunity Calgary Investment Fund (OCIF) will provide up to US$1.1M (roughly $1.07 million) over three years to The MindFuel Foundation, a nonprofit that helps youth turn ideas and prototypes into startups and…
FinMaq raises $6.5M Series A to finance equipment for Colombia's small businesses
Colombian fintech FinMaq has closed a $6.5 million Series A led by global investor Accion, with participation from Mundi Ventures and returning backers Alive Ventures and 30N Ventures. The company finances machinery and…
Janus Henderson brings Nasdaq-100 onchain with tokenized fund JQQQ
Janus Henderson and Centrifuge have launched JQQQ, the first tokenized fund licensed to track the Nasdaq -100 Index. Issued on the Stellar blockchain using Centrifuge's technology, it is available only to eligible…
India's MK Sons raises $8.69M from anchors ahead of jewellery IPO
M K Sons Fine Jewels raised US$11.2M from nine anchor investors on October 27, ahead of its US$3.74-crore IPO. The company allotted 51 lakh shares at US$2.2 each, the top of its US$2.08-US$2.2 price band.
Anduril and Qualcomm's BlueChip laptop targets a US-made supply chain by 2027
Anduril and Qualcomm unveiled BlueChip, a computer initiative aimed at rebuilding US manufacturing, starting with a rugged laptop for government, defense, first responder, and public safety customers. The companies have…
NanoCorp founder launched from a US hospital bed after comparing Kaiser and French ER
After a mountain bike crash left him with a dislocated, fractured shoulder, NanoCorp founder Pierre-Louis Biojout (PLB) posted a personal side-by-side of emergency care at Kaiser in Marin versus France.
Dallas's Disruptive closes $10B megafund for AI and defense bets
Disruptive, a 15-year-old Dallas investment firm, has closed a $10 billion venture fund to back AI, defense, and software startups. The money roughly doubles the firm's assets under management, and it plans to invest…
FutureMeds buys Bulgaria's Hera as Oracle, IQVIA deepen trial-tech ties
FutureMeds has acquired Medical Centre Hera, a Bulgarian clinical research group, for an undisclosed sum, expanding its trial footprint across Sofia, Plovdiv, Montana and Kyustendil. The deal is one of three…
Uzbek AI design startup MimoramAI raises $40K from Yoshlar Ventures
MimoramAI, an Uzbek AI tool for interior design, has raised $40,000 from Yoshlar Ventures. Accelerator UzCombinator announced the pre-seed investment on October 24, 2026.
SPACCircle prices trimmed $100M SPAC IPO for digital assets, tech and healthcare
SPACCircle Acquisition Corp. priced its initial public offering at $100 million, selling 10 million units at $10.00 each. The blank-check company begins trading on the Nasdaq Global Market under the symbol "SCQCU" and…
Dubai's DIP Holding books $543M IPO within minutes despite Iran war slowdown
DIP Holding, owner of Dubai Investments Park, drew enough demand to cover its up to $543 million initial public offering within minutes of opening its order books on the Dubai Financial Market. Parent Dubai Investments…
Circle Ventures backs South Africa's CrissCross in stablecoin payments push
CrissCross, the South Africa-based cross-border payments infrastructure company, has raised an undisclosed early-stage investment from Circle Ventures, the corporate venture arm of Circle Internet Group, which issues…
Mumbai developer Runwal raises $52M in muted India IPO
Runwal Enterprises, a Mumbai-based real estate developer, raised roughly $52 million in its initial public offering, listing on the National Stock Exchange of India and the BSE. The US$67.9M offering was entirely fresh…
Syngenta targets at least $66bn valuation in IPO, sources say (Reuters)
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Madica lands $6M to extend African pre-seed pilot to 30 more startups
Madica, an Africa-focused pre-seed investment programme, has secured $6 million from co-founder and fintech investor Flourish Ventures to extend its investment pilot by three years. The capital will let it back 25 to 30…
EchoTwin raises $5M seed to turn city vehicles into AI inspectors
EchoTwin AI, a San Francisco startup, has raised $5 million in new seed funding to expand its "Physical AI" platform for urban infrastructure. Gryphon Capital, Automotive Ventures, and Black Mountain Ventures joined the…
Brazil's Viveo closes $160M share sale to tame its debt load
Brazilian medical distributor Viveo has completed a post-IPO equity raise of US$221.8M, subscribing 99.71% of the operation's US$222.5M ceiling. Roughly 963 million new ordinary shares were taken up at US$0.23 each;…
Revolut hits $6B revenue as Bank of England probes its product controls
The Bank of England's Prudential Regulation Authority has ordered a skilled-person review of Revolut 's product-approval controls, the Financial Times reported, as the fintech posted 2025 revenue of $6.0 billion, up 46%…
Nvidia backs India's Simplismart in $14M round to squeeze more from GPUs
Simplismart, a Bengaluru-based startup, has raised $14 million in a Series B round led by Dallas Venture Capital, with Nvidia, Accel, Shastra VC, and Micromax participating. The deal values the four-year-old company at…
QSTP taps Microsoft to give Qatar startups up to $9.4M in cloud credits
Qatar Science & Technology Park (QSTP), a member of Qatar Foundation, has launched a collaboration with Microsoft to bring the Microsoft for Startups program to its startup community. Eligible founders gain access to…
Partners Group raises $510M private credit feeder as first-half earnings soften
Partners Group closed its second rated feeder vehicle of 2026 on October 22, raising $510 million from US insurance companies for its private credit evergreen strategy. The close lifts the firm's total rated-feeder…
ICEYE and OroraTech link satellite data for full-lifecycle wildfire intelligence
Finnish satellite firm ICEYE and Munich-based OroraTech announced a partnership on October 22, 2026 to deliver wildfire intelligence across the full lifecycle of an event. The capability combines OroraTech's thermal…
Egypt's Raya Holding launches venture arm, backs UK AI startup Pidima
Raya Holding for Financial Investments has launched Raya Ventures, a wholly owned corporate venture arm targeting early-stage AI and fintech startups. The Cairo-based conglomerate disclosed the move alongside the fund's…
Energea commits $20M to US EV charging in first move beyond solar
US energy infrastructure investment platform Energea has committed up to $20 million to finance electric vehicle charging stations, beginning with a $10 million credit facility for Tesla V4 Supercharger developer…
Brazil's $22.5M Northeast seed fund makes first bets on two B2B startups
The FIP Nordeste Capital Semente fund has made its first two investments, putting US$255.8K each into Recife-based RSCRM and Entrega+, based in the textile hub of Santa Cruz do Capibaribe. Both serve business customers…
BAC Credomatic prices $500M bond, its first cross-border deal since 2023
Banco de América Central (BAC Credomatic) priced $500 million in five-year bonds, its first cross-border deal in over three years. Bank of America, JPMorgan, and Santander acted as bookrunners.
GeoVax takes $1M loan, hands lender control of its board
GeoVax Labs (Nasdaq: GOVX), a clinical-stage biotech developing vaccines and immunotherapies, has entered a $1 million unsecured revolving loan agreement with Bowery Consulting Group. The facility, dated October 23,…
Abu Dhabi family office targets $1.2B initial close for new LNG fund
The Private Department of Sheikh Mohammed bin Khalid Al Nahyan, alongside affiliate KSH Investments, has launched the Pvt Dpt – LNG Fund (CEIC) IC, targeting an initial close of $1.2 billion. Reem Partners Limited will…
Intel to acquire Israeli quantum software startup Classiq, reportedly for about $2.3B
Intel has signed a definitive agreement to acquire Classiq, the Tel Aviv-based maker of quantum computing software, the companies announced on 26 October 2026. Intel did not disclose the price; Calcalist's Ctech and…
UAE's EDGE buys controlling stake in Italian engine maker CMD
EDGE, the Abu Dhabi defence and technology group, has completed its acquisition of a controlling stake in CMD S.r.l., an Italian maker of propulsion systems for automotive, marine, and aeronautical use. The deal, signed…
AmTrust rescues French insurer Wakam with €100M injection
AmTrust International has acquired Big Wakam, the holding company behind French insurer Wakam SA and British Wakam UK, in a deal that includes an immediate injection of about €100 million. The transaction value was…
PennantPark closes $1.2B senior credit fund, exceeding its target
PennantPark has held the final close of PennantPark Senior Credit Fund II (PSCF II) with $1.2 billion of investable capital, exceeding its original target. Combined with the firm's recently closed Credit Secondary Fund,…
DPI closes $112M Nclude fund, with 93% of capital raised in Africa
DPI Venture Capital, managed by Development Partners International, has reached a final close of more than $112 million for its fintech-focused Nclude Fund. Notably, 93% of the commitments came from African investors.
Anthropic’s IPO windfall: the early VC and angel winners lighting up at $965B
What's the story? Anthropic's S-1 and IPO run-up have lit up paper values for the lab's earliest venture and angel backers. At the last private mark of about $965 billion (Bloomberg / TechCrunch), several early stakes…
Türk Telekom lands $1B club loan to fund 5G and fiber push
Türk Telekom has secured a $1 billion long-term club loan from 14 international banks to finance its 5G and fiber network investments and general corporate needs. Bank of America and ING led the facility, which matures…
Egypt's Xceed buys Indian outsourcer, scales to 500+ staff in Hyderabad
Xceed Software, a Telecom Egypt subsidiary, has acquired a major Indian outsourcing company, it announced in October 2026. Terms and the target's identity were not disclosed. The deal extends Xceed's customer care and…
Aeropuertos Argentina lands $400M bond at 8% to fund $1.5B works plan
Aeropuertos Argentina, the Argentine subsidiary of New York-listed Corporación América Airports, has raised $400 million in post-IPO debt. The bond, placed on October 22, 2026, carries an 8% coupon and matures in 2036.
Cantor Fitzgerald, Lincoln launch interval fund for US oil and gas
Cantor Fitzgerald Asset Management and Colorado-based Lincoln Energy Partners have launched the Cantor Fitzgerald Energy Fund, a publicly registered interval fund investing primarily in US oil and gas interests. The…
Aviva puts £50M into tokenized sterling fund on XRP Ledger
Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger and committed £50 million to it. The fund itself holds roughly £22 billion, but only the new share class — not the…
Maycomb raises $100M for second outcomes-based financing fund
Maycomb Capital has closed its second Community Outcomes Fund at $100 million, backed by anchor investments from Ballmer Group and UnitedHealth Group. Impact-first family office A to Z Impact also joined as an investor.
Itaú buys AI startup NeoSpace for $580M in all-cash deal
Itaú Unibanco, Brazil's largest bank by assets, has agreed to acquire 100% of NeoSpace AI, a Brazilian generative AI startup, for 2.9 billion reais (about $580 million) in cash. The all-cash transaction was announced on…
Egypt's Tanmiya closes $130M growth fund, beating its target
Tanmiya Capital Ventures has closed its second fund, Tanmiya Capital Fund II, at $130 million, backed by a $37.5 million commitment from the European Investment Bank (EIB). The growth-equity fund exceeded its $120…
Kazakhstan's $2B sovereign AI hub moves ahead as Freedom Holding plans a public GPU cloud for 2027
Kazakhstan's $2 billion Sovereign AI Hub is moving ahead. In an update on 26 October 2026, Almaty-based Freedom Holding Corp. (Nasdaq: FRHC), the hub's principal financing and operating partner, said its first GPU…
Pegasus founder Shalev Hulio urges governments to trust him with sovereign AI, ditch US providers
Dream, the sovereign-AI and national cyber-defence company founded by former NSO Group chief executive Shalev Hulio, is making the case that governments should ditch US AI providers and run their own models. In an…
Elvis estate sues Anthropic over 274 songs, seeks $41.1M
Authentic Brands Group, the licensing company that controls Elvis Presley's music and likeness rights, has sued Anthropic, alleging the AI firm used 274 of the singer's songs without permission to train its Claude…
Israel votes in what observers call the world's first 'AI election'
Israelis go to the polls Tuesday in a tight general election that researchers and political scientists are calling the country's first "AI election." Polls show Prime Minister Benjamin Netanyahu's bloc locked in a…
Anadolu Efes raises $20.1M in quick domestic bond re-raise
Anadolu Efes has raised TL 1 billion (≈$20.1 million) through a private placement of a domestic floating-rate bond aimed at qualified investors in Türkiye. Garanti Yatırım Menkul Kıymetler A.Ş. advised on the issue,…
Andorra bets on sport-tech crossover to diversify its economy
Andorra held its first Cluster Day on Tuesday, October 20, bringing together institutional representatives, companies, and professionals from the sports and technology sectors at the Hotel Comtes d'Urgell in…
TEK4 lists on AIM in £24.8M placing at £42M valuation
TEK4 Group began trading on London's AIM market on October 26, 2026, under the ticker TEK4, after a placing that raised £24.75 million. The listing values the precision engineering business at £42 million.
Latvia's INDEXO draws €3M from Draugiem founder ahead of Stockholm listing
INDEXO, a Latvian financial services group, has raised €3 million from Lauris Liberts, founder and co-owner of Draugiem Group. The investment was made on October 23 through his investment company SIA Pirmdiena, which…
AfDB backs $1.84M push to make Ethiopian SMEs investment-ready
Ignite Capital is advancing a $1.84 million programme to prepare Ethiopian small and medium-sized enterprises (SMEs) for equity investment, backed by a $999,250 grant administered by the African Development Bank. Known…
Luxembourg fund backs four Rwandan agri-food firms with up to €350K each
Four Rwandan enterprises — HIHSA, Eza Neza, DAVET, and Aflakiosk — have been selected for co-financing under the third edition of the LuxAid Demonstration Fund in Rwanda. Each will receive up to €350,000 to scale…
Egypt's Turuq lands Den VC seed after year-long InvestIT pipeline
Turuq Innovations, an Egypt-based logistics and fulfilment startup, has raised a seed round led by Den VC. The deal follows the company's participation in InvestIT, a joint program by the Information Technology Industry…
REE Automotive lands $4M lifeline as it moves to cancel all shares
REE Automotive has secured a $4 million equity commitment from Kukac LLC and Elljay Limited as it advances a court-supervised debt restructuring in Israel. The two investors each pledged $2 million, earmarked for…
Costa Rica's largest credit union clears a step toward $3.5B merger
Costa Rica's competition regulator, Coprocom, has received formal notification of a merger between credit unions Coopenae and CoopeAnde, in which Coopenae absorbs CoopeAnde. Both operate in financial intermediation, and…
China's Moonshot deliberately weakens the hacking skills of its new Kimi model before releasing the weights
What happened? Beijing-based Moonshot AI has launched Kimi K3.1 Pro, which it calls its most capable 3-trillion-parameter-class open-weight model, and says it deliberately cut the model's offensive cyber abilities…
Japan's DeltaForesight closes US$2.49M seed, launches yen DeFi protocol on Ethereum
DeltaForesight has closed a US$2.49M seed round led by Coral Capital, with early backing from Fracton Ventures, and launched its JPY DeFi protocol on Ethereum. Users can borrow its JPYdf token against collateral such as…
Rush, Endeavor plan merger to form $10.2B, 12-hospital Chicago health system
Rush University System for Health and Endeavor Health will merge to create a 12-hospital, 400-plus-site system across northern Illinois and northwest Indiana, Chicago-based Rush and Evanston-based Endeavor said. The two…
Colibri buys Cannoli to turn restaurant data into repeat sales
Brazilian restaurant-software maker Colibri has acquired Cannoli, a customer-relationship platform, for an undisclosed sum. The deal is one of two recent purchases — alongside queue-management firm Qnow — aimed at…
Tether leads seed round for Bolivian fintech Peso to push USDT into daily payments
Tether has led a seed round in Peso, a Bolivian fintech company building USDT-based consumer payments across Latin America. The round was announced in October 2026; the amount and valuation were not disclosed.
First institutional repo on Stellar runs 72 automated rolls at 3.98%
Ascend Markets and M1X Global have completed what they call the first institutional repurchase agreement (repo) on the Stellar network. The transaction used USDM1, a US dollar-denominated sovereign bond issued natively…
Iceland's Aurora Abalone lands $12M for land-based farming
Aurora Abalone, an Icelandic land-based seafood farmer, has closed a $12 million funding round, the company said in October 2026.
AIIB makes first private-sector bet in Mongolia with $130M green loan to Khan Bank
The Asian Infrastructure Investment Bank (AIIB) has signed a five-year, $130 million senior unsecured green loan to Khan Bank, Mongolia's largest commercial bank. It marks AIIB's first nonsovereign financing and its…
Foxconn pours $1.2B into Singapore, France, and Czech units
Hon Hai Precision Industry — the Taiwan-based electronics giant known as Foxconn — approved more than $1.2 billion in share acquisitions across three subsidiaries in Singapore, France, and the Czech Republic. Its board…
IFC commits up to $20M to expand Argentine university Siglo 21
The International Finance Corporation (IFC) has agreed to a debt facility of up to $20 million for Universidad Siglo 21 to build two sustainable campuses in Argentina's Córdoba province. The IFC, a member of the World…
Italy's Everli clears SPAC merger, heads to Nasdaq as EVRL
Melar Acquisition Corp. I (Nasdaq: MACI), a special purpose acquisition company, said its shareholders voted on October 22, 2026, to approve a merger with Everli Global Inc. The combined company will operate as Everli…
Türkiye's top waste-to-energy platform ITC sold to Re-Pie Asset Management
Re-Pie Asset Management has acquired ITC, Türkiye's largest integrated waste management and waste-to-energy platform, for an undisclosed sum. Oaklins ' Türkiye team acted as exclusive sell-side adviser to ITC's…
Robinhood chooses DIFC as MENA regional HQ after DFSA authorisation
What happened? Robinhood has received authorisation from the Dubai Financial Services Authority (DFSA) to introduce its retail investing platform in the Middle East from the Dubai International Financial Centre (DIFC),…
Israel weighs up to US$255.8M fusion push as data-centre demand strains the grid
Israel's Energy Ministry has recommended a long-term government investment program in nuclear fusion research, with its preferred option allocating US$127.9M to US$255.8M (roughly $140–280 million) over five to seven…
Release Therapeutics lands ~$609K Swiss grant for rare-disease implant
Geneva-based Release Therapeutics has won a US$458.3K (roughly $609,000) Innovation Project grant from Innosuisse, the Swiss Innovation Agency. The non-dilutive funding, awarded with the University of Geneva's Faculty…
Vietnam's 'Say Hi' producer DatVietVAC lists on HOSE after $21.9M IPO
DatVietVAC Group Holdings, the Vietnamese media company behind hit shows like "Anh trai say hi" and "Rap Việt," will begin trading on the Ho Chi Minh City Stock Exchange (HOSE) on November 2, 2026. The listing of…
UK government arm buys $15M stake in Kenya's Quickmart via IPO
The UK's Foreign, Commonwealth & Development Office is buying a 6.5% stake in Kenyan supermarket chain Quickmart for Sh1.94 billion ($15 million) through the retailer's initial public offering. It will purchase 260…
ODATA bets $630M on liquid cooling to make Latin America AI-ready
ODATA, an Aligned Data Centers company, is deploying DeltaFlow liquid cooling at its SP04 campus in Brazil and QR03 campus in Mexico, backed by a US$630 million first-phase investment. Installation and testing are…
Falfurrias merges IDS and RED Group into new industrial automation platform
Falfurrias Management Partners is combining control systems integrator Industrial Design Solutions (IDS) and operational technology engineering firm RED Group into a new industrial automation platform. Carl Fangue,…
Telecentro buys fiber rival Iplan for $260M in Argentine telecom consolidation
Argentine telecom operator Telecentro has acquired Iplan for $260 million, confirming a deal that adds more than one million homes to its fiber-optic network. The purchase also extends Telecentro's reach into cities…
Urban and Caldeira OTC merge to combine crypto and cross-border payments in Brazil
Crypto infrastructure and international payments firm Urban is merging with Caldeira OTC Group, an institutional crypto trading desk, the companies announced on October 19. The combined business will keep the Urban…
Rebels Ventures backs Canal Foco, a YouTube studio chasing US$25.6M by 2028
Canal Foco, a Brazilian digital entertainment company founded in 2023, has raised an early-stage round from Rebels Ventures, the investment firm of Reserva founder Rony Meisler. The amount was not disclosed.
monday.com's AI makeover is quietly pushing managers out
monday.com posted second-quarter revenue of $364.6 million, up 22% year over year, as it reshapes itself from a work-management software maker into an AI platform. The transition is reaching senior leadership, with five…
Google Cloud falters in London as Revolut goes dark across Europe
Multiple Google Cloud services went down in the provider's London region on October 20, 2026, according to its service status page, while British digital bank Revolut separately reported an outage hitting sign-ins,…
Amazon to fund 960-MW nuclear project at retired Indiana coal site
Amazon, X-energy, and American Electric Power (AEP) have signed an agreement to explore building 12 small modular reactors (SMRs) at a former coal plant in Indiana. The project targets 960 megawatts of carbon-free power…
Sri Lanka's HLAB venture fund targets $9.06M to scale local startups
Startup incubator Hatch, the Lankan Angel Network, and BOV Capital have launched HLAB, a venture fund targeting LKR 3 billion (roughly $9.06 million) to back early and growth-stage companies incorporated in Sri Lanka.…
First Digital to go public via SPAC merger in down round from $400M peak
Stablecoin issuer First Digital has agreed to merge with CSLM Digital Asset Acquisition Corp III, a special purpose acquisition company (SPAC), to list on Nasdaq. The companies signed a definitive agreement on October…
The AI industry’s gigantic debts are making investors nervous
AI compute is the new oil—and needs a new market
Personal AI assistants could soon reshape the digital economy
Europe’s dependence on America in space is hard to escape
Either AI or public debt could crash markets. But probably not both
Is the internet still safe?
The surprising popularity of AI
America’s new era of private science
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