Parallel Systems raises $100M to put driverless trains on short-haul rail

Parallel Systems, a battery-electric autonomous freight rail company founded by SpaceX alumni, has raised a $100 million Series C. AVP led the round, with new backers Hillspire, Agility Global, and Cobalt Capital, and…

Egoist Machines raises $3M to make your AI data portable

San Francisco startup Egoist Machines has raised a $3 million seed round to scale AI Passport, a permission-based system for sharing and managing personal data across AI assistants. Y Combinator and Goodwater Capital…

Yazen raises $50M as Verdane takes largest stake in Swedish weight-loss startup

Swedish health startup Yazen has raised US$60.4M in a late-stage round led by Verdane, which becomes its largest shareholder.

DroneShield lands $500M US defence ceiling as revenue jumps 74% to US$81.4M

DroneShield (ASX: DRO), the Australian counter-drone company, has secured access to a US defence procurement programme with a maximum ceiling of US$500 million over three years. The September 30, 2026 award uses an…

Diraq unlocks up to $300M in US defence funding for quantum computing

UNSW spinout Diraq has secured up to $300 million in US government funding after advancing to the final stage of a Defense Advanced Research Projects Agency (DARPA) program testing whether a utility-scale quantum…

AI's progress may be stalling outside maths and code, researchers warn

AI researcher François Chollet has raised the possibility that AI gains are concentrated in maths and code, while progress elsewhere may be slowing. He argues these "verifiable" domains can be pushed "arbitrarily far,"…

Square Peg raises $696M for two new funds

Australian venture firm Square Peg Capital has raised US$647.1M (roughly $696 million) across two new funds — Fund 6 and Opportunities Fund 3. It is the firm's largest raise yet, topping the $860 million it secured in…

BioinvestGPT called Novartis's $30B trial flop weeks ahead

Copenhagen AI startup BioinvestGPT predicted the failure of Novartis 's late-stage muscular dystrophy trial weeks before the result wiped $30 billion off the Swiss drugmaker's market value. In July, the company ran a…

Mecka raises $60M Series B to turn human motion into robot training data

Mecka AI has raised a $60 million Series B led by Sequoia Capital to build an internet-scale dataset for training robots. NVIDIA, M12 (Microsoft's venture fund), Qualcomm Ventures, and Samsung joined, alongside…

Elredo Voice raises €1M to bring AI audiobook production to US publishers

JIC Ventures has led a funding round of more than €1 million in Elredo Voice, a Czech startup that uses AI to produce and distribute audiobooks for publishers. The money will fund the company's expansion into the US.

Cori Clinical raises $4M to cut clinical trial set-up costs

Cori Clinical, a London-based AI platform for accelerating clinical trials, has closed a $4 million seed round led by Breega. Enzo, Heartfelt, Together Ventures, and Bynd also participated.

Symetra closes $459M CLO, its second since launching leveraged credit platform

Symetra Investment Management (SIM) has closed Symetra CLO 2026-1, a $459 million collateralized loan obligation (CLO) and the second such transaction from the Farmington, Connecticut-based firm. The deal, arranged by…

The.Team buys creator agency OTG, adding to its football-fuelled deal spree

The.Team, the sports agency formerly known as Wasserman, has acquired Outreach Talent Group (OTG), a London-based firm representing social media and digital creators. Terms were not disclosed.

Agentiq raises $4M to sell fans stakes in athletes' future income

Agentiq, a New York-based startup, has raised $4 million in an early VC round led by defy.vc to let fans buy units tied to athletes' future on-field "Brand Income." A group led by the owner of two major European…

Northern Ireland loan fund hands £2.4m to 57 small businesses

Fifty-seven small and medium-sized businesses in Northern Ireland have secured more than £2.4 million through the Northern Ireland Small Business Loan Fund III since its launch in May 2025, according to new figures from…

ZEISS buys Scotland's Ceres to speed holographic windshield displays

ZEISS has acquired Ceres Holographics, a holographic technology company based in Livingston, Scotland, for an undisclosed sum. Ceres becomes part of ZEISS Microoptics, the business unit focused on industrialising…

Investec consortium buys South Africa's LekkeSlaap, the local Airbnb rival that outlasted the giant

Investec and a consortium of South African investors have acquired LekkeSlaap, the country's largest locally owned online accommodation booking platform, for an undisclosed sum. The deal marks the exit of co-founders…

India's TailBlaze raises $300K pre-seed for dog longevity food

Ahmedabad-based pet food startup TailBlaze Longevity has raised $300,000 in a pre-seed round led by US-based venture firm Comma Capital. The capital will fund the launch of HeartPour, a wet dog food line, and build out…

Pegasus Airlines invests in Zingly.ai to put voice AI on passenger calls

Pegasus Airlines has invested in Zingly.ai, an agentic voice AI company, and launched the first phase of a programme to resolve passenger requests during calls. Pegasus Innovation Lab, which leads the airline's digital…

Medisolve refinances debt with Barings, Deutsche Bank bond and revolving loan

Medisolve, the H.I.G. Capital -owned clinical engineering services provider also known as Polygon, has closed a debt financing backed by Barings and Deutsche Bank. The package combines a private placement bond issue…

Wisewell lands $545,000 credit guarantee from UAE's innovation fund

Wisewell, a UAE-based water technology company, has secured a US$511.6K (roughly $545,000) credit guarantee from the Mohammed Bin Rashid Innovation Fund. The debt facility will fund capital investment and research into…

UniSieve raises $9M to replace heat-based molecular separation

UniSieve, a Zurich deep tech startup, has raised $9 million in Series A funding to scale production of membranes that separate molecules without the heat required in conventional plants. The Orano Venture Fund, managed…

Mailian Medical raises $14.9M Series B for brain-computer interface therapy

Chinese startup Mailian Medical has raised US$13.8M in a Series B round, jointly backed by Chuangda Industrial Holdings and Jinshajiang United Capital. The company develops brain-computer interface (BCI) technology for…

Klaria lines up $14.7M rights offering to clear its debt

Sweden's Klaria Pharma Holding has secured subscription and underwriting commitments covering about 75.3% of a rights offering worth up to US$17.8M (roughly $14.7 million before expenses). The company also arranged…

Webtoon IP studio Monster Ryot lands $523,000 Series A

Monster Ryot, a webtoon IP studio specialising in action fantasy, has raised about US$586.9K (roughly $523,000) from Union Investment Partners. The company announced the deal on October 8; it marks the first investment…

Neela Biotech raises £2.1M to turn waste into aviation fuel

Cambridge-based Neela Biotech has raised £2.1 million in pre-seed funding to move its waste-to-fuel technology from the lab to a pilot-scale trial at a biogas plant. The company uses an AI-guided microbial process to…

Zego extends €25M round with Índico, Explorer to scale AI underwriting

UK digital insurer Zego has extended a €25 million ($28 million) funding round led by Sompo, now joined by Portuguese venture firms Índico Capital Partners and Explorer Investments. The company announced the late-stage…

TrueLayer raises $27M led by CDP Venture Capital to scale Pay by Bank

TrueLayer, the London-founded open banking fintech, has raised $27 million in a late-stage round led by Italy's CDP Venture Capital, with participation from new and existing investors. It will use the money to…

Nasdaq Ventures backs One Trading to build 24/7 markets in Europe

One Trading, an Amsterdam-based regulated derivatives and crypto exchange, has raised an undisclosed early-stage strategic investment from Nasdaq Ventures. The two firms plan to explore joint initiatives, starting with…

Crédit Agricole Assurances makes first €100M bet on tokenised fund

Crédit Agricole Assurances has invested €100 million in a tokenised share of the Amundi Funds Cash EUR money market fund, its first allocation to a tokenised financial asset. The fund is managed by Amundi and held by…

Duoli's daya intelligent buys 70% of harmonic-drive maker Hansheng in robotics push

Chinese auto-parts maker Duoli Technology has acquired a controlling stake in Ningbo Hansheng Transmission Technology, moving into robotics components. The purchase runs through Duoli's wholly owned subsidiary daya…

Estonia's Wayren raises €7.9 million for defence software

Wayren, an Estonian defence-tech startup founded in 2020 by former military software engineers, has raised €7.9 million from efa group and its subsidiary scytalys.

Britam opens global stock and multi-asset funds to Kenyan investors

Britam Asset Managers has launched two Special Funds for Kenyan investors: the USD-denominated Enhanced Global Equities Special Fund and the Kenyan shilling-denominated Multi-Asset Special Fund. The firm did not…

HD Hyundai Marine Solution buys US engine repair firm Goltens for $247M

HD Hyundai Marine Solution has agreed to buy 100% of Goltens, a US engine maintenance company, for $247 million. The Korean firm signed the share purchase agreement in a regulatory filing, valuing the stake at US$277.9M.

Garanti Faktoring raises $10.7M in TLREF-linked debt sale to qualified investors

Garanti Faktoring has raised a nominal TL 529 million (≈$10.7 million) through a Turkish lira-denominated bill sold exclusively to qualified domestic investors. The 182-day floating-rate instrument is referenced to…

OpenAI will watermark ChatGPT text by default, but only in the EU

OpenAI says it will add an invisible watermark to eligible ChatGPT and Codex text for users in the European Union "over the coming weeks", across all plans. Outside the EU it will not be on by default: API customers…

Verso raises $6M to make consumer insights usable across the business

French startup Verso has raised $6 million in seed funding to expand its AI-powered consumer intelligence platform. Angular Ventures led the round, with participation from 100in, Kima Ventures, Olympe Capital,…

SCREEN buys stake in MOF startup Atomis to sharpen material tech

SCREEN Holdings has acquired shares in Atomis, a Kobe-based startup that develops and manufactures metal-organic frameworks (MOFs). The investment came through a third-party share allotment, with terms undisclosed.

Immix raises $3.5M to cut the cost of non-dollar stablecoin payments

London-based Immix has raised $3.5 million in early-stage funding from Crane Venture Partners, BTSE, and Portfolio Ventures. The trading firm helps payment companies exchange stablecoins between currencies, with a focus…

Ant Group leads hundreds of millions in angel funding for Physical AI startup Liqing Intelligence

Liqing Intelligence, a Physical AI infrastructure startup, has raised several hundred million yuan across an angel funding series. Ant Group added capital in two consecutive rounds and led the angel-plus round.

Leonardo DiCaprio backs Sweden's Elvy in $1.6M round extension

Swedish energy startup Elvy has extended its funding round by a total of US$1.93M (roughly $1.6 million), naming Hollywood actor and environmental campaigner Leonardo DiCaprio among the new backers. The company declined…

Ex-inDrive leaders raise $4M to finance taxi fleets in emerging markets

NeoFleet Capital has raised $4 million in pre-seed financing to fund taxi fleets in emerging markets. The round, announced in October 2026, was led by former inDrive executives, including Mark Loughran, a former…

AFG Bank Guinée lands €60M from Proparco to lend to small firms

AFG Bank Guinée, the former Société Générale Guinée, signed €60 million (about $67 million) of loans and guarantees with France's development lender Proparco in Conakry on October 6, 2026. The package splits into a €35…

MNT-Halan opens Cairo IPO at EGP24.50 a share, raising $150M

Egyptian fintech MNT-Halan opened subscriptions on October 7 at EGP24.50 a share, pricing one of Africa's most closely watched listings. The offer covers up to 320 million existing shares — 20% of MNT Tech Holding for…

Samsung units back South Korea's DeepX with $11M for AI chips

Two Samsung units are investing US$12.3M in DeepX, a South Korean startup that designs AI semiconductors. Samsung Securities and SVIC 33, a partnership managed by Samsung Venture Investment, will take part in a…

USA Rare Earth buys into French processor Carester to secure supply chain

USA Rare Earth has entered definitive agreements to acquire a strategic minority stake in Carester SAS, a French specialist in rare earth processing and separation. The deal value was undisclosed.

Perch Group lands £55M facility to fuel UK credit platform growth

Blackpool-based Perch Group has secured a £55 million debt facility from Triple Point, part of an enhanced £400 million funding platform backing its growth plans. Triple Point joins a panel that includes NatWest Group,…

Ex-White House AI adviser Sriram Krishnan is raising a $500M VC fund

Sriram Krishnan, who stepped down in June as the White House's senior policy adviser on AI, is seeking to raise around $500 million for a new venture capital fund, Axios reported on 7 October 2026.

Algolia buys Velou to deepen AI product data across 2T yearly searches

Algolia has acquired Velou, a New York startup that uses multimodal AI to pull context-rich data from product catalogues. Terms were undisclosed. Velou's catalogue enrichment, retail taxonomy and product graph will run…

Kiwoom adds $8.4M to National Growth Fund after sellout

Kiwoom Securities has secured an additional US$10.1M for the second offering of its retail-participation National Growth Fund, after the initial allocation sold out. The brokerage said the round was fully subscribed by…

MoneyTruVa raises seed round led by Sunil Singhania to structure India's financial data

MoneyTruVa, a structured financial information platform for Indian investors, has raised an undisclosed seed round led by investor Sunil Singhania in his personal capacity. The Mumbai startup pulls financial information…

Edelweiss opens dollar route to US tech via GIFT City with $5,000 entry

Edelweiss Asset Management has launched the Edelweiss US Technology Equity Fund, an open-ended fund of funds routed through GIFT City that invests predominantly in the JPMorgan US Technology Fund. The scheme gives…

UK's Universal Quantum raises $100M to build a working quantum computer

Universal Quantum, a British startup building a working quantum computer, has raised $100 million. Backers include a Singapore government fund and the chief executive officer of Roblox. The round was announced in…

Fundnote launches $1.83M Japan value equity fund with NVI

Fundnote, a Tokyo-based independent asset manager, has started operating its fundnote NVI Japan Value Fund, which raised an initial US$2.23M (≈$1.83 million). The public investment trust began trading on October 8,…

South Africa's competition watchdog moves to unwind Premier-RFG food merger

South Africa's Competition Commission wants to reverse its own approval of the merger between Premier Group and RFG Holdings, two of the country's largest packaged-food producers. The commission says it was not told…

Teamworks buys Atrium Sports from Sportradar for $170M

Sportradar has agreed to sell Atrium Sports to Teamworks Innovations for $170 million in cash. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.

DevCo's €520M fund buys Vexve, returns six times investors' money

Finnish development firm DevCo Partners has raised a €520 million continuation fund that acquired valve manufacturer Vexve from DevCo's earlier fund. The deal returned the original investors six times their money,…

Alankit raises $4.44M via warrants in promoter-backed preferential issue

Alankit has raised US$5.84M through a preferential allotment of 5 crore fully convertible warrants to promoter Alka Agarwal. The company's Management Committee approved the tranche on October 5, 2026, at a price of…

Japan's indent raises $6.96M Series B to turn writers into global IP

Tokyo-based indent has closed a US$8.46M Series B round, the company said in April 2026. The financing combined a third-party share allotment to JAFCO, Nissay Capital, and EX Innovation Fund with debt from Japan Finance…

Hangzhou Huigao to buy 15% of Shanghai Golden Union for ~$89M

Hangzhou Huigao Enterprise Management Partnership (Limited Partnership) has agreed to acquire a 15% stake in Shanghai Golden Union Commercial Management Co., Ltd. from Shanghai Golden Union Investment Group Co., Ltd.…

Wolfspeed lands $1.5B federal loan for chip push

Chipmaker Wolfspeed has secured a $1.5 billion conditional loan commitment from the US Department of Defense. The funding will expand domestic manufacturing of wide-bandgap semiconductors, including silicon carbide and…

Everyday Electric buys Smartcar to plug EVs into its 6 GW virtual power plant

Everyday Electric, the company formerly known as Renew Home, has acquired connected-vehicle platform Smartcar for an undisclosed sum, announced October 6, 2026. The move brings electric vehicles and managed charging…

Cosco completes $106M buyback as China share repurchases top $22B

Cosco Shipping Holdings has completed an A-share buyback, repurchasing 50.02 million shares for about US$103.8M. The shares, equal to 0.3276% of total stock, were bought at between US$1.88 and US$2.26 each and will be…

AblePay Health raises $20M to ease patients' out-of-pocket costs

AblePay Health has raised $20 million in a Series A round led by F-Prime, with A1 Health Ventures and.406 Ventures participating. The company, founded in 2016, will use the capital to grow, improve its technology, and…

Anyflo exits stealth, acquires Sui's Native to simplify stablecoin payments

Anyflo, a stablecoin payments orchestration service, emerged from stealth on October 8, 2026, at Sui Basecamp during TOKEN2049 Singapore with the acqui-hire of Native, a Bitcoin lending platform on Sui. The deal value…

PEP buys 30% of Grok Ventures-backed Energy Bay

Pacific Equity Partners (PEP) has agreed to acquire a 30% stake in Australian renewables business Energy Bay, mostly through a primary share issuance, according to sources with knowledge of the transaction. The deal…

Aconium acquires Berlin brand agency MC-Quadrat

Berlin consulting firm Aconium (Atene KOM) has acquired MC-Quadrat, a Berlin brand agency and communications consultancy. The deal was announced on October 6, 2026; terms were undisclosed.

Helical Fusion raises $20.6M Series B second close, adds Fuji Electric as partner

Helical Fusion, a Japanese fusion energy company, has raised US$24.8M in a Series B second close. Fuji Electric, one of Japan's major electrical and industrial equipment makers, joined as both an investor and an…

Moyagi buys three Lucky Voice karaoke bars in pre-pack deal

Moyagi Group, via its subsidiary Asobi Group Limited, has acquired three Lucky Voice karaoke venues through a pre-pack administration process. The Stockholm-founded late-night bar operator takes the Soho, Holborn and…

BGM buys Connecticut accounting firm R. L. DePanfilis to expand in New England

Minnesota-based BGM has acquired R. L. DePanfilis & Company, a Connecticut certified public accounting and business consulting practice. Financial terms were not disclosed. The target will rebrand and operate under the…

Rebellions backs CCK Solution to build a Korean AI full stack

CCK Solution has raised a strategic investment from Korean AI chip maker Rebellions, the companies announced in October 2026. Rebellions led the round; terms were not disclosed.

Two-person Brooklyn firm raises $160M software fund in a month

Seva Growth, a two-person Brooklyn-based investment firm, has raised $160 million for its second fund to back tech-enabled companies. The oversubscribed Seva Growth Fund II nearly doubles the firm's 2023 debut pool,…

RocketDNA raises US$1.44M to roll out drone-in-a-box hardware

RocketDNA (ASX: RKT) has completed a US$1.44M (≈$1.55 million) strategic placement to fund the rollout of its xBot drone hardware. The drone services provider will issue 103.5 million shares at 2.15 cents each — a 2.4%…

Snowpoint Ventures closes $411M Fund II for 10 dual-use startups

Snowpoint Ventures has closed a $411 million second fund to back a concentrated portfolio of about 10 dual-use technology companies. The Palm Beach firm completed the close in July 2026, according to The Wall Street…

Envana buys Cleartrace to merge emissions data with AI for heavy industry

Envana has acquired Cleartrace Technologies, bringing clean energy traceability into its industrial AI portfolio for hard-to-abate industries and large energy buyers. The deal was announced on October 7, 2026; terms…

Cynata launches $636K raise as it weighs options for its stem cell platform

Cynata Therapeutics (ASX: CYP) is raising roughly US$590.8K through a fully underwritten renounceable entitlement offer, priced at a 9.1% discount to its last traded price. The three-for-eight offer lets eligible…

Software Combined buys back government hiring platform Acendre in 14th deal

Sydney-based software aggregator Software Combined has acquired Acendre, an Australian-founded government recruitment and onboarding platform, from US owner HireRoad. Financial terms were not disclosed. It is Software…

Hirsch merges with Prysm to build integrated security platform

Hirsch is merging with Prysm, the French software firm behind the AppVision command-and-control platform and a specialist in intelligent video monitoring. The merger takes effect January 1, 2027, creating the new Prysm…

a16z leads $16M seed for AI data startup Preference Model

Preference Model, a superintelligence data research company, emerged from stealth on October 7, 2026, with a $16 million seed round led by Andreessen Horowitz (a16z). SignalFire, South Park Commons, and Scale Angels…

Harbor Health buys VillageMD clinics in Texas payvider push

Harbor Health has acquired a set of VillageMD clinics in Texas, deepening its footprint in the state. The deal value was undisclosed.

Virginia's Hardywood acquires rival Starr Hill in all-equity brewery deal

Hardywood Park Craft Brewery has acquired fellow Virginia brewer Starr Hill in an all-equity transaction, the company announced in October. No cash changed hands; Starr Hill's owners become partial owners of Hardywood.

Westward Gold closes US$6.09M placement, with Crescat and Concept adding $2.8M

Westward Gold has closed a non-brokered private placement, issuing 33,128,000 units at US$0.18 each for gross proceeds of roughly US$6.07M. Each unit pairs one common share with half a warrant exercisable at US$0.29 for…

Unison Energy lands $120M credit facility from JPMorgan to grow on-site power

Unison Energy has closed a five-year, $120 million secured credit facility with JPMorgan Chase Bank to fund its distributed energy and on-site power portfolio. The deal includes a $50 million accordion option, subject…

Mexico's Nafin launches $248M fund to electrify small-business fleets

Mexico's development bank Nacional Financiera (Nafin) has launched ElectroPyme, a $248 million financing program to help small and medium-sized businesses adopt electric vehicles. The initial pool can finance roughly…

Ohmyhome lines up $40M equity facility with institutional investor

Ohmyhome filed a Form 6-K with the US Securities and Exchange Commission on October 7, 2026, disclosing a standby equity purchase agreement that lets it sell up to $40 million in Class A ordinary shares to an…

Secur3D raises $128K as it expands Sentry coverage to 27 marketplaces

Secur3D Holdings, a Vancouver-based AI company focused on brand security and intellectual property protection, closed the first tranche of a non-brokered private placement on October 2, 2026, raising US$134.1K (roughly…

Immunomatics raises $100K from GenDx co-founder for AI transplant tool

Immunomatics, a San Marcos, California healthtech startup building AI tools to assess transplant donor-recipient risk, has raised a $100,000 early-stage investment from Myosotis Investments B.V., the Netherlands-based…

Apéro lands $5M to bring bilingual AI reservations to Québec restaurants

Now Book It has made a $5 million Series A investment in apéro, an AI-powered restaurant reservation and guest management platform built for Québec's hospitality market. The deal ran through the Valsoft Venture Program,…

Şekerbank secures $170M syndicated loan led by FMO

Turkey's Şekerbank has signed a syndicated loan agreement worth roughly $170 million, led by the Dutch entrepreneurial development bank FMO. The facility carries a five-year maturity and drew participation from…

RM Medics lands £800k facility to fight NHS waiting lists

RM Medics, a Bedford-based healthcare recruitment specialist, has secured an £800,000 lending facility from SME lender Praetura. The money will give the company greater working capital to pursue larger NHS contracts and…

M-KOPA buys Finnish phone-locking firm KilpiTek for $8M

M-KOPA, the Kenyan pay-as-you-go financing company, has acquired Finnish software developer KilpiTek Oy for $8 million. The deal gives M-KOPA full ownership of the technology that remotely restricts or locks financed…

Healthcare Services Group buys Nexdine for $93.5M to enter senior living

Bensalem-based Healthcare Services Group has acquired food and support services provider Nexdine for $93.5 million in an all-cash transaction. The deal gives Healthcare Services Group a foothold in the senior living…

AfricInvest backs Equity Invest to take full control of Moroccan fintech VPS

AfricInvest, through its Financial Inclusion Vehicle (FIVE), has invested in Equity Invest, the holding company of Moroccan entrepreneur Ali Bettahi. The deal funded Equity Invest's acquisition of all outstanding shares…

RioBlanco targets $100M for third fund as it moves into hotels and dining

RioBlanco Capital is raising about $100 million for RioBlanco Fund III, a private credit vehicle, while expanding into hospitality with two planned hotels in Puerto Rico. The fund has completed its first close and begun…

Evexia Lifecare to buy 60% of Reponex Pharma for $6.94M

Evexia Lifecare 's board has approved acquiring up to 60% of Reponex Pharmaceuticals A/S for US$9.12M, the Indian company said after its October 7, 2026 board meeting. The deal gives Evexia a controlling stake and…

Andersen buys South Africa's Merchantec in Europe-Africa expansion push

Andersen Group has acquired Merchantec Capital, a South African investment banking firm, in one of three acquisitions announced on October 7, 2026. The other two targets are corporate advisory law firm Andersen in Italy…

Zuckerberg's Biohub lands $1.8B grant to build an AI "virtual cell

Chan Zuckerberg Biohub has secured $1.8 billion in grant funding to generate biological data for AI models that predict and treat disease. Backers include Google DeepMind, Meta, Isomorphic Labs, the US Department of…

Chemistry acquires Colossus, opening fifth US office in Boston

Independent agency Chemistry has acquired Boston-based creative agency Colossus for an undisclosed sum, the companies announced on October 7, 2026. The deal adds design and creative talent to Chemistry and establishes…

Fengate buys Accelergen Energy, betting on solar-plus-storage boom

Fengate Asset Management has acquired Accelergen Energy, a US developer of utility-scale solar and battery projects. The deal, made through Fengate Infrastructure Fund V, closed in October 2026 for an undisclosed sum.…

OncoZenge raises $329K to push cancer-pain drug through Phase III

Swedish biotech OncoZenge has raised US$398.9K (≈$329,000) through a directed share issue to existing shareholders Life Science Invest Fund 1 ApS (LSIF) and Selandia Alpha Invest A/S. The board issued 1,100,000 new…

OTR Solutions buys CCT Factoring's transportation book, its second deal in a year

OTR Solutions has acquired CCT Factoring's transportation portfolio for an undisclosed sum, moving its trucking clients onto OTR's factoring and banking platform. CCT is a subsidiary of Atlanta-based Coeur Capital,…

Draper lands $7.3M ARPA-H grant to kill the cold chain for cell therapies

Draper received an other transaction award of up to $7.3 million from the Advanced Research Projects Agency for Health (ARPA-H) for Phase 1 of the agency's BioStabilization Systems (BoSS) program. The grant funds work…

Gardens raises $35M for its social role-playing world, doubling total funding to $70M

Gardens, a games studio building a social role-playing "strandbox" world, has raised more than $35 million in a late-stage round led by Lightspeed Venture Partners. The financing brings total funding raised to date to…

Flex lines up $3.3B loan to fund EPC Power deal

Flex (NasdaqGS:FLEX) has secured a $3.3 billion senior term loan facility tied directly to its planned acquisition of EPC Power. The post-IPO debt facility gives the contract manufacturer fresh firepower to build out…

Fireshine Games buys Danish studio Fair Games and hit title Necesse

Fireshine Games has acquired Danish indie studio Fair Games and its survival-crafting title Necesse for an undisclosed sum. Founder and chief executive officer Mads Skovgaard stays on as managing director of the…

LDRobot to buy German mower maker SABO for up to €6M

Hong Kong-listed LDRobot (01236) will acquire 100% of SABO-Maschinenfabrik GmbH, a German maker of high-end garden equipment, for up to €6 million. The agreement was signed on October 7, 2026, with seller SABO Holding…

Hine buys Italy's Nord Fluid, eyeing €300M in 2027 revenue

Spain's Hine Group has acquired 100% of Nord Fluid, an Italian hydraulics company with annual revenue above €60 million. The deal value was undisclosed.

Largillière Finance buys M&A boutique Cairn Partners

Largillière Finance has acquired the entire share capital of Cairn Partners, a Paris-based M&A boutique founded in 2016. The small- and mid-cap advisory firm bought the business from Cairn's shareholders, who were…

Bloom raises $3.6M to build an 'Alibaba' for US manufacturing

Detroit-based Bloom has raised a $3.6 million seed round led by SNAK Venture Partners, a marketplace-focused firm. Flyover Capital, Mana Ventures, Detroit Venture Partners, Invest Detroit Ventures, and the Michigan…

Tigerless Health lands $5M PIPE to back $280M SPAC merger

Tigerless Health has secured $5 million in private placement financing tied to its pending reverse merger with Piermont Valley Acquisition Corp, a special purpose acquisition company (SPAC). Capstan Point, LLC agreed to…

Sunstone Credit launches Flex, extending $6M energy loans beyond solar

Sunstone Credit on October 7, 2026 launched Flex, a financing product for commercial energy projects including HVAC, roofing, energy performance, and EV charging. It lets contractors offer customers embedded financing…

Brookfield-backed Partners Value Split raises $87.7M in preferred share deal

Partners Value Split Corp. is selling 5,000,000 Class AA Preferred Shares, Series 18, for gross proceeds of US$91.7M. A syndicate of underwriters led by Scotiabank, BMO Capital Markets, CIBC Capital Markets, RBC Capital…

Weston family buys Boots for $8.9B, ending London IPO hopes

The billionaire Weston family is buying Boots for $8.9 billion (£6.7 billion), the UK high street retailer announced on Wednesday. Wittington Investments, the holding company for the Westons' Canadian operations, is…

Zarea raises $7.22M Sukuk as Pakistani startups turn to Islamic finance

Zarea Limited, a Pakistani agri-tech marketplace, raised a Rs2 billion (about $7.22 million) short-term Sukuk, confirmed through a filing on the Pakistan Stock Exchange. The post-IPO debt issuance is the company's…

AmyriAD buys Recognify to expand its cognition drug pipeline

AmyriAD Therapeutics has acquired Recognify Life Sciences in an all-share transaction, adding Recognify's lead clinical-stage compound RL-007 (inidascamine) to its pipeline. The deal value was undisclosed. Recognify…

Shelter Afrique launches $100M housing bond for West Africa

Shelter Afrique Development Bank (ShafDB) has launched a $100 million bond to finance affordable housing across the West African Economic and Monetary Union (WAEMU) region. The issuance comprises a five-year tranche at…

Bexorg lands up to $28.3M ARPA-H grant to extend human brain perfusion

Bexorg, a New Haven-based precision neurology company, has been awarded up to $28.3 million from the Advanced Research Projects Agency for Health (ARPA-H). The grant funds a three-phase, 36-month project to extend its…

Skytree lands €1 million loan to build first Iceland carbon-capture hub

Skytree has secured a €1 million ($1.1 million) development loan from Invest International to build its first Skypark project in Iceland. The money will fund engineering, permitting, site preparation studies, and the…

Vest raises $13M seed to flip the prop-trading model in traders' favour

New York-based Vest Labs has raised a $13 million seed round led by Portal Ventures to build a proprietary trading firm that shares in its traders' profits rather than betting against them. The round, which closed in…

SRX Global to buy CERo Therapeutics in $1M stock deal, forgiving $11.67M debt

SRX Global, formerly SRx Health Solutions, will acquire all shares of CERo Therapeutics from CERo Therapeutics Holdings, making it a wholly owned subsidiary. The consideration includes $1 million in SRX common stock,…

Wally raises $25M to scale insurance-free dental memberships

Wally, a national dental membership company, has raised a $25 million Series A, chief executive officer Tyler Burnett told Axios Pro. The company sells an insurance-free model built around membership rather than…

Recur Club launches ~$51.7M fund to finance Indian D2C brands for festive season

Recur Club, a debt platform for startups and SMEs, has launched a US$67.9M (≈$51.7 million) fund to provide growth capital to direct-to-consumer (D2C) brands this financial year. Based on an average ticket size of about…

Pandektes raises €13.5M to break Europe's legal research monopolies

Copenhagen legaltech Pandektes has raised €13.5 million in a Series A led by Alstin Capital. PROfounders, Scale Capital, and existing investors also joined. The platform collects, structures, and links legislation,…

Korea Quantum Computing to go public on Nasdaq via SPAC merger

Korea Quantum Computing (KQC) has signed a definitive business combination agreement with Charlton Aria Acquisition Corporation, a special purpose acquisition company, to list on Nasdaq. The deal value was not disclosed.

Ilitha lands $30M to scale township fibre across South Africa

Ilitha Telecommunications has raised R500 million (about $30 million) in debt funding from Absa Corporate and Investment Banking to expand its affordable fibre network across South Africa's township economies. The…

Waymo upsizes debut debt deal to $5B to fund global expansion

Waymo, Alphabet 's autonomous driving unit, has increased its inaugural private debt raise to $5 billion, tapping lenders to fund its robotaxi expansion. The deal, arranged with Goldman Sachs, priced at 5.25 percentage…

Conversant Capital closes $845M for its first private fund

Conversant Capital, an opportunistic real estate investment firm, has closed its inaugural Conversant Private Investment Fund (CPIF) with $845 million in equity commitments. That includes roughly $705 million for the…

Ledgebrook raises $200M to scale AI underwriting for hard-to-place risks

Ledgebrook, a Boston-based AI-native specialty insurance platform, has raised $200 million in primary equity financing. The round was co-led by Allianz X, the strategic investment arm of the Allianz Group, and…

TCGX closes oversubscribed $600M fund for Asian biotech

TCGX has closed the TCGX Asia Life Sciences Fund I, an oversubscribed $600 million vehicle backed by international institutional investors. The healthcare firm will use it to invest in biotechnology companies based in…

East Africa Fruits raises $26M Series B to cut food loss across the region

East Africa Fruits (EAF) has raised a $26 million Series B equity round led by the Private Infrastructure Development Group (PIDG), through its InfraCo arm, alongside Oikocredit and FMO. The round is part of a broader…

Ormat lands up to $35M DOE grant for geothermal research

Ormat Technologies has been selected by the US Department of Energy for up to $35 million to fund two research-heavy projects, the geothermal specialist said. The grant arrives as the company's shares trade near $93,…

AI hacking tool breached five Korean banks, hit 25,000 at Shinhan alone

Investigators probing a wave of cyberattacks on Korea's major banks have found traces of ARTEX, an AI-powered autonomous penetration-testing tool. Shinhan Bank, KB Kookmin Bank, Hana Bank, Yegaram Savings Bank and BNK…

ANTA Sports closes deal for 29% of Puma

ANTA Sports Products has completed its acquisition of roughly 29.06% of Puma SE, taking a large minority stake in the German sportswear maker. The Hong Kong-listed company (2020.HK) picked up 43,014,760 ordinary Puma…

Reflection launches Beam, a 501B open-weight model to rival Chinese labs

Reflection has unveiled Beam, its first open-weight AI model, a 501-billion-parameter sparse mixture-of-experts system with 23 billion active parameters. The Brooklyn-based startup says Beam is built for coding,…

Generation Tech Partners closes debut €60M fund to buy and digitise German SMEs

Generation Tech Partners has closed its first fund at a hard cap of more than €60 million. The firm plans to acquire mid-sized B2B service providers and build them out with technology and AI.

Vinod Khosla bets on ex-DeepMind engineer's agent startup Wajo, citing trust

Vinod Khosla is backing Wajo, a personal-agent startup from former Google and DeepMind engineer Shivani Poddar, arguing it will win the market on trust. The company's agent, called Fo, works across iMessage and WhatsApp…

SpaceX in talks to borrow $40B for Nvidia AI chips

SpaceX is in talks to raise $40 billion in debt to buy Nvidia AI chips, according to reports from the Financial Times and Bloomberg. Apollo Global Management is expected to lead the deal, with bond giant PIMCO among the…

Noah lands $16M to move money across borders with stablecoins

NOAH, a startup that lets businesses move money internationally using stablecoins, has raised a $16 million seed extension, CEO Shah Ramezani told Axios Pro.

Tensor Machines raises $1.5M to measure data-center compute yield

Tensor Machines, a San Francisco-based developer of AI hardware tools and physics-based models, has raised $1.5 million in pre-seed funding. Omni VC led the round, with Reinforced Ventures, Avesta Fund, and Draper U…

Chaleit lists on AIM, raising £2.1M at a £11.2M valuation

Cyber security consultancy Chaleit Holdings PLC started trading on London's AIM market on Wednesday, raising about £2.1 million gross at an issue price of 50 pence per share. The Cambridge, England-based company listed…

BGF buys out KNW to take direct control of semiconductor materials arm

South Korea's BGF Group will acquire the entire 56.9% stake in KNW held by its subsidiary BGFecomaterials, making the semiconductor materials firm a direct subsidiary of the holding company. BGF announced the deal on…

QNB Leasing raises $13.2M in short-term debt sale

QNB Finansal Kiralama has issued a 182-day financing bill worth US$132.6M (roughly $13.2 million) to qualified investors through a private placement. Sale transactions closed on October 6, 2026, with cash-securities…

Mistral's €3B-backed "Le Chonk" is a 1-trillion-parameter open model

Mistral has launched a public preview of Mistral Large 4, a 1-trillion-parameter model it nicknames "le Chonk." The French startup calls it its largest and most capable model to date, available now via its Mistral…

OpenAI publishes 722 math papers from an unreleased frontier model

OpenAI has released a broad range of new mathematical results produced by an internal frontier model, publishing them in a GitHub repository on October 6, 2026. The release includes formalisations of many proofs in…

Fin-EdTech startup Okulyo raises $700K led by ebebek founder

Okulyo, a Turkish Fin-EdTech startup, has raised $700,000 in a round led by ebebek founder Halil Erdoğmuş, with existing backer Insha Ventures participating. It marks the company's second funding round within a year.

FitKit among five startups to win €12,500 grants from EnvolveXL

FitKit, a corporate wellness platform, has secured a €12,500 (≈$14,038) grant from Greek accelerator EnvolveXL, which runs with support from Libra Philanthropies. It was one of five teams selected in the programme's…

OK Financial Group strikes deal to acquire insurer Carrot General Insurance

OK Financial Group has signed a definitive agreement to acquire Carrot General Insurance through its affiliate OK Next. The Korea Deposit Insurance Corporation said it signed a share purchase agreement with OK Next on…

Kumbatia Seafood lands $100,000 grant in FINCA Ventures' African tech cohort

Kumbatia Seafood, a Kenyan cold-chain logistics startup, has won a $100,000 grant from impact investor FINCA Ventures. The award topped the sustainable agriculture track of the fund's third annual competition, which…

Beltone targets $38.2M real estate fund with EGP 1,000 entry point

Beltone Asset Management, a subsidiary of Beltone Holding, has partnered with Egyptian proptech firm Amtaar Capital to launch a multi-issuance real estate investment fund targeting EGP 2 billion (about $38.2 million) in…

Japan's Every WiLL raises $821K seed for unmanned parcel pickup network

Tokyo-based Every WiLL has raised US$1M (roughly $821,000) in a seed round to expand its network of unmanned parcel pickup points. Investors ONBOARD, East Ventures, and the Japan Startup Support Association led the…

Garuda Aerospace raises $10M pre-IPO round ahead of 2027 listing

Chennai-based drone technology company Garuda Aerospace has raised around $10 million in a pre-IPO round at a pre-money valuation of $320 million, according to people aware of the transaction. The Motherson family…

CSL raises $1.5B in US bond markets to refinance debt

CSL has priced $1.5 billion of corporate bonds in the United States, tapping offshore debt markets to refinance its existing borrowings.

Mark Rober's CrunchLabs lands $2.5M grant from YouTube and Google.org

YouTube and Google.org are delivering a $2.5 million grant to Class CrunchLabs, the free science curriculum produced and hosted by YouTube engineer Mark Rober. Rober runs the project as an extension of his science kit…

Grand Farm lands $5M federal grant for year-round indoor AgTech test track

Grand Farm has won a $5 million grant from the U.S. Economic Development Administration to build a year-round Indoor AgTech Test Track at its Innovation Campus near Casselton, North Dakota. A $1.25 million match from…

Northern Ocean raises $71.7M to refinance ahead of Deepsea Mira launch

Northern Ocean has completed a private placement raising roughly US$82.9M in gross proceeds, the drilling company announced on October 6, 2026. It allocated 105,547,756 new shares at US$0.79 each, with Hemen Holding…

Deluge raises $18.3M in Singapore IPO as fire safety rules tighten

Singapore fire-protection specialist Deluge Corporation raised US$17.2M in its SGX Mainboard IPO on October 6, priced at US$0.44 per share. The offering values the company at US$63.8M. Trading begins October 16.

Zimbabwe's Mutapa lands $100M to restart stalled Darwendale platinum project

Mutapa Platinum Group, the platinum arm of Zimbabwe's state-owned Mutapa mining portfolio, has secured a US$100 million debt facility to restart the Darwendale project. Chief executive Munashe Shava said disbursements…

BAC's Move Tech buys CR Autos, plans $500K digital investment

BAC Holding International Corp. has acquired CR Autos, Costa Rica's digital vehicle marketplace, through its Panama-based subsidiary Move Tech International Inc. The deal value was undisclosed, but the company confirmed…

Becton Dickinson to invest $19B in US for tariff relief

Becton Dickinson has committed to invest $19bn in the United States under an agreement with the Trump administration that offers protection against future tariffs. The medical device maker is the first major US player…

Air Liquide raises €2B bond, in top 3% of French energy debt deals

Air Liquide has issued a €2 billion multi-tranche bond, the French industrial gases group announced on October 6, 2026. The transaction, structured with 2-year, 5-year, and 10-year maturities, carries a weighted average…

Athos Metals closes first tranche of $896K raise ahead of TSXV listing

Athos Metals has closed the first tranche of a non-brokered private placement, raising US$936.3K (roughly $896,000) in gross proceeds. The British Columbia mineral explorer is raising the funds alongside a planned…

HCL to invest $60M in Lucknow campus as UP targets 50 AI startups

HCL Group will invest US$67.9M in the second phase of its IT City campus in Lucknow, adding nearly 9.5 lakh sq ft of capacity. The expansion, spread across about 20 acres, will include a new IT building with around…

Phiten taps Shiga Bank sustainability loan, cites femcare push

Phiten, a Kyoto-based body care company, secured financing through Shiga Bank's "Shigagin" Sustainable Evaluation Loan on September 30, 2026. The bank's loan rewards companies whose work supports sustainable social…

NKF Innovation Fund backs Nephrogen's push to bring gene editing to the kidney

The National Kidney Foundation's NKF Innovation Fund has invested in Nephrogen, a biotech developing one-time gene editing therapies for kidney disease. The deal was announced on October 6, 2026.

EXIM backs Tele-Fonika's first US cable plant with $547M loan guarantee

The Export-Import Bank of the United States (EXIM) has announced a $547 million loan guarantee to support Tele-Fonika Cable Americas' (TFCA) proposed manufacturing facility in Waller, Texas. Santander and Erste Bank…

Poland's state bank backs $129M fund for space tech startups

Bank Gospodarstwa Krajowego (BGK), Poland's state development bank, and fund manager Vinci have launched the Vinci Space Tech Fund, a US$125M (≈$129 million) venture capital vehicle dedicated solely to space…

KPTL lands first international backer for $30M GovTech fund

Brazilian venture firm KPTL has brought in global impact investor Potencia Ventures as the first international backer of its Fundo GovTech, a venture capital vehicle targeting startups that serve the public sector. The…

Elm renews $133M Sharia-compliant credit line with Al Rajhi Bank

Elm, the Saudi digital security and services firm, has renewed a Sharia-compliant credit facility with Al Rajhi Bank worth SAR 500 million (roughly $133 million). The company secured the financing on October 6, 2026,…

Serval buys Ensignia to embed security in its AI automation push

Serval, an AI-native enterprise service management company, has acquired software supply chain security startup Ensignia and named its founder and chief executive officer, Sam Stewart, as Serval's head of security.…

Poland launches first $129M space-tech venture fund

Bank Gospodarstwa Krajowego (BGK), Poland's state development bank, has launched #SpaceTech Fund, the country's first venture capital fund dedicated to space technology. The vehicle holds US$125M (around $129 million)…

Rare earths merger unites Special Project Delivery, Mobix Labs, Winner Water

California-based supply chain builder Special Project Delivery (SPD) has signed a definitive agreement to combine with Winner Water Services, a US rare earths company, as part of a three-way merger. Winner Water will…

Lattis Management closes $100M for middle-market energy push

Lattis Management has secured more than $100 million in commitments for its flagship vehicle, Lattis LP, and its infrastructure arm, Lattis Infrastructure LP. A Northeastern institutional investor managing over $25…

NVM Ventures launches with €23.6M first close for dual-use startups

NVM Ventures, a new Italian venture capital firm, has raised €23.6 million in commitments for its first fund, NVM Venture Lazio, which targets deep-tech startups building dual-use technologies. The sub-fund aims to back…

Pavilion launches with 5,000 homes, backed by TZP, HPS and Capital Dynamics

Pavilion, a national vacation rental company, launched in October 2026 with backing from TZP Group, HPS Investment Partners and Capital Dynamics. It brings together 20 local rental companies managing more than 5,000…

A2Z Cust2Mate buys Israeli retail media firm Hedia for $8.4M

A2Z Cust2Mate Solutions (NASDAQ: AZ), a smart retail technology company, has completed its acquisition of Hedia, an Israeli in-store retail media business. At closing, A2Z paid roughly $8.4 million in cash and issued…

OKX closes late VC round at $25B valuation

Cryptocurrency exchange OKX has completed a late-stage venture round valuing the company at $25 billion. Standard Chartered and Circle participated as investors, OKX said in October 2026.

Infinite Partners closes $170M second PE fund, beating target

Infinite Partners has held the final close of its Core Equity Fund II at R2.8 billion ($170 million), exceeding its R2.5 billion target. The South African private equity firm raised the capital from a 100% domestic…

Algo8 industrial AI unit spins out of GoGo, wins CSE listing nod

Algo8 AI Inc. has completed its separation from GoGo AI Network Inc. (CSE: GOGO) and acquired the remaining interests in Algo8 Industrial AI Inc., forming a standalone company that has secured conditional approval to…

LS Power closes $6B energy fund, topping its $4B target

LS Power Equity Advisors has closed its sixth private equity fund, LS Power Equity Partners VI, with roughly $6 billion in commitments. The vehicle was oversubscribed and fully allocated against its hard cap by July,…

Uber to buy ezCater for $2.3B in catering push

Uber has agreed to acquire ezCater, a US corporate catering marketplace, for $2.3 billion in cash. The companies expect the deal to close in the coming months.

SAP buys TechWolf to build AI-driven view of skills and work

SAP has agreed to acquire TechWolf, a Ghent-based provider of an AI work intelligence platform, the companies announced on October 6, 2026. Terms were undisclosed. The deal is expected to close in the fourth quarter of…

Insurers brace for 'rogue' AI agent claims as lawyers weigh personal liability for Altman and Amodei

What's happening? Insurers are preparing for multimillion-dollar claims from AI agents that go "rogue", and lawyers are studying whether frontier-lab leaders such as OpenAI 's Sam Altman and Anthropic 's Dario Amodei…

Jensen Huang's son-in-law Nico Caprez runs Nvidia's push to finance the neoclouds

What's happening? The Information has profiled Nico Caprez, 35, a former Swiss pro ski racer who has become one of Nvidia 's most trusted executives. He joined in early 2024 as a corporate development manager, recruited…

Argentine fintech Berry raises $2M to open US markets to Latin America

Argentine fintech Berry has raised $2 million in seed funding to expand access to US financial markets for users in Argentina and other emerging markets. The round was led by Morgan Creek, with Coinbase Ventures, Ripio,…

AGM Group's CEO takes majority control via private placement

AGM Group Holdings chief executive officer Zhang Rui Katherine has secured a majority stake in the company through a private placement with Vastway Technology Co., Ltd., her Cayman-based shell. A form 3 filing confirms…

Al Ramz lands $107M Sharia-compliant facility from Bank Albilad

Al Ramz Real Estate Company has signed a Sharia-compliant credit facility worth 400 million Saudi riyals (about $107 million) with Bank Albilad, according to a bourse filing. The agreement was finalised on October 5,…

Safaricom launches Shari'ah-compliant money market fund on M-Pesa

Safaricom, in partnership with Gulfcap Investment Bank (GCIB), has launched the Ziidi Shari'ah Money Market Fund, giving M-Pesa customers access to investments that follow Islamic finance principles. Customers can start…

Platinum Credit raises $7.48M in Uganda's first corporate bond since 2013

Platinum Credit (U) Limited, a Ugandan microfinance lender, has raised Shs30bn ($7.48 million) from the first sale of notes under a Shs70bn medium-term programme. Investors bid Shs49.28bn against a Shs20bn target — a…

India approves $1.04B SME Growth Fund for direct equity in small enterprises

India's Union Cabinet on Tuesday approved a government commitment of US$1.36B to set up the SME Growth Fund (SGF), a growth-equity vehicle that will make direct investments in small and medium enterprises. The money…

Xcimer wins extra $30.5M DOE grant to advance laser fusion

Denver-based Xcimer Energy has secured up to $30.5 million in additional federal funding through the US Department of Energy 's Milestone-Based Fusion Development Program. The award moves Xcimer into the program's…

Elice prices KOSDAQ IPO at top end, raising $150M for AI data centres

AI infrastructure company Elice has priced its KOSDAQ initial public offering (IPO) at US$75.9 per share, the top of its US$62–US$75.9 range. The offering of 2,222,000 new shares raises about US$168.6M (roughly $150…

BioLinker raises $1.68M to synthesise DNA and train AI in the Amazon

Brazilian biotech BioLinker has raised US$2.15M (roughly $1.68 million) in an early-stage round led by Axcell, an Amazon-focused accelerator, with participation from research foundation FAPESP. Axcell contributed…

Altilium lands follow-on cash from SQM and Marubeni for UK's first battery refinery

Altilium Metals, a Plymouth-based battery recycler, has secured follow-on Series B funding from Chilean lithium producer SQM and Japanese trading house Marubeni Corporation. Both are existing backers reinvesting as the…

World Bank arm backs Codelco with $1.4B in guarantees to pull in private lenders

The World Bank Group is backing Codelco, Chile's state-owned copper producer, with a $1.4 billion debt package built on guarantees from its Multilateral Investment Guarantee Agency (MIGA). The structure protects…

Blackstone-backed ASK Alternates raises $51.8M for second private credit fund

ASK Alternates, part of the Blackstone -backed ASK Asset & Wealth Management Group, has raised more than US$67.9M for its second private credit fund. The ASK Private Credit Fund – Series B targets a corpus of US$135.8M,…

Alteogen lands $149M convertible from Korean growth fund, Skylake

South Korea's Alteogen is raising US$167.7M through a post-IPO convertible issuance backed by the National Growth Fund and Skylake Equity Partners. The investors are buying in via SkyAlt, a vehicle the two set up to…

QuantWare hires Galapagos veteran Bart Filius as CFO after $178M raise

QuantWare has appointed Bart Filius as chief financial officer and added him to its board. The Delft-based quantum processor maker brings in Filius as it expands production following a $178 million Series B round, which…

Adviisa raises £425,000 to build "business memory" platform

Cambridge-based startup Adviisa has raised £425,000 in an angel round from UK investors and appointed Russell Gould as its founding chief executive. The company is building a platform to preserve businesses' documents,…

ProMedEx secures $13.3M in Shariah-compliant credit from Bank AlJazira

Professional Medical Expertise Co. (ProMedEx) obtained Shariah-compliant credit facilities from Bank AlJazira with a credit limit of SAR 50 million (roughly $13.3 million). The agreement was fully signed on October 5,…

RoslinCT lands £7.25M Scottish grant to digitise cell therapy manufacturing

RoslinCT, a global cell therapy contract development and manufacturing organisation (CDMO), has been awarded an R&D grant of up to £7.25 million (≈$9.6 million) from Scottish Enterprise. The funding backs the company's…

Brazil's Vittia lands $26.8M from Finep to build out biologicals pipeline

Brazilian biologicals company Vittia has secured up to US$39.1M in debt financing from Finep, Brazil's innovation funding agency. The money will fund dozens of research projects over four years, spanning biological…

Skyworks closes Qorvo merger, targets $500M in annual savings

Skyworks Solutions has completed its merger with fellow chipmaker Qorvo, creating a larger US semiconductor company focused on radio frequency, power management, and analog and mixed-signal technologies. Under the…

Alicorp secures $480M multi-country financing led by four global banks

Peruvian consumer goods company Alicorp has secured senior unsecured facilities of up to $480 million, arranged by Banco Bilbao Vizcaya Argentaria, Citibank, JPMorgan Chase Bank, and Banco Santander as joint lead…

BioFirst buys out Biotrop, taking full control of Brazilian biologicals maker

Belgium's BioFirst Group has acquired the remaining 14.71% of Biotrop, giving it 100% ownership of the Brazilian biologicals company. The deal bought out minority shareholders, including Aqua Capital and Zempar. Terms…

Old Glory Bank raises $8M from Main Street after Fed blocks its SPAC listing

Old Glory Bank has raised more than $8 million in a private placement from existing owners and new accredited investors. More than 150 backers participated in the round, exempt from registration under Rule 506 of…

Exthymic lands $25M ARPA-H grant for cell therapy device

San Diego-based Exthymic Corporation has been awarded up to $25 million by the Advanced Research Projects Agency for Health (ARPA-H), an agency within the US Department of Health and Human Services. The contract funds…

Scarce assets, PFR2 pressure drive $99.5M Kwa Nokeng IPO past full subscription

Kwa Nokeng Oil Holdings is listing on the Botswana Stock Exchange in an oversubscribed offer that raises up to 1.372 billion Botswana pula (about $99.5 million), valuing the company at 2.8 billion pula. The listing is…

SecondSight raises Series A to expand its AI insurance platform

SecondSight has closed a Series A funding round and named insurance executive Jamie Bouloux as its president. The company, which builds AI software for insurers, announced both moves in October 2026.

Reuse raises $21M to scale refurbished tech across Latin America

Reuse, a Chilean refurbished-technology startup founded in 2018 by José Tomás Ulloa and Max Sateler, has closed a $21 million Series A led by At One Ventures. The San Francisco fund, founded by Google X co-founder Tom…

Uzum's EDB debt financing rises to $100M in Uzbekistan

The Eurasian Development Bank (EDB) has raised its debt financing for Uzbek digital ecosystem Uzum from $70 million to $100 million. The money will support Uzum's fintech business and expand digital financial services…

Everestims IPO draws 274x demand for its $5.03M offering

Bengaluru-based software company Everestims Technologies closed its maiden IPO subscribed nearly 274 times on October 5, the final day of bidding. The company raised US$6.58M (roughly $5.03 million) by selling 57 lakh…

ECP closes $834M continuation vehicle for Texas alkylation complex

Energy Capital Partners (ECP) has closed a single-asset continuation vehicle with $834 million in capital commitments for Next Wave Energy Partners. The vehicle lets ECP IV investors fully cash out their stake while…

GE HealthCare to buy SOFIE Biosciences for $945M in radiopharma push

GE HealthCare has agreed to acquire SOFIE Biosciences, a US-based contract manufacturer of PET radiopharmaceuticals, for $945 million in cash. It is buying the company from private equity firm Trilantic North America,…

Smart Fit to buy up to 20% of Brazil's Buddha Spa for $6.19 million

Smart Fit signed a contract to acquire up to 20% of the capital of Buddha Spa, Brazil's largest spa chain, for up to US$8.19M (roughly $6.19 million). The deal, announced October 5, also gives the gym operator an option…

China's Claude token-reseller gray market keeps Anthropic access flowing despite its restrictions

What's happening? Chinese "token resellers" and API proxies — known locally as transfer stations (中转站) — are routing access to Anthropic 's Claude into China even though Anthropic does not officially serve the market,…

Former Groq engineers sue over Nvidia's $20B licence-and-hire deal, saying it left a hollowed-out shell

What's happening? Two former Groq engineers who held shares in the company, Benjamin Serebrin and Joshua Rubin, filed a lawsuit on Friday 2 October in Delaware's corporate court over the chip startup's 2025 deal with…

Rystad Energy takes Marlin growth stake, names new CEO

Rystad Energy, the Oslo-based energy data and analytics firm, has agreed to a minority growth equity investment from Marlin Equity Partners, paired with a leadership transition. Founder Jarand Rystad will step aside as…

Suleyman: Anthropic trained Claude to say it isn't sure it's conscious — David Sacks calls it “concerning”

Microsoft AI chief Mustafa Suleyman argues that Anthropic has baked speculation about Claude's possible consciousness into the model's training, so Claude can only reproduce that ambiguity when users ask whether it is…

Kenya's Quickmart targets $116M in NSE listing at $30B valuation

Kenyan supermarket chain Quick Mart PLC has priced its initial public offering at US$0.07 per share, aiming to raise US$146M (roughly $116 million) as it prepares to list on the Nairobi Securities Exchange. The pricing…

Piqué and Ibai Llanos lead €3.75M round in Spanish chocolate startup Plesh

Spanish chocolate snack startup Plesh has raised €3.75 million in an early VC round led by former footballer Gerard Piqué and streamer Ibai Llanos. Both join the company as cofounders alongside original founders Jaume…

Parbo Resources lists on ASX in $3.47M IPO to hunt WA gold

Parbo Resources listed on the ASX last month in a US$3.24M IPO (roughly $3.47 million), backed by cornerstone investor New Murchison Gold. It is targeting gold and copper across the 1,226km² Mount Padbury and Bryah…

CI Capital to run $19.2M fund reviving Egypt's distressed factories

CI Capital will manage a new EGP 1 billion (≈$19.2 million) Distressed Factories Restructuring Fund, launched by the Central Bank of Egypt and the Ministry of Industry to take equity stakes in struggling industrial…

The Initiates raises $7.59M in NGX listing, biggest of three new share issues

The Initiates Plc listed 1.11 billion new shares worth approximately N10.10 billion (≈$7.59 million) on the Nigerian Exchange (NGX) on September 30, 2026, through a combination of a Rights Issue and a Public Offer. It…

Microsoft opens Majorana quantum chips to DARPA for independent testing

Microsoft has made its Majorana-based topological quantum hardware available for hands-on, independent testing by DARPA at a new quantum research center in Maryland, alongside the University of Maryland and industry…

CanSemi's $1.12B Shenzhen IPO oversubscribed 2,360 times

Chinese chip foundry CanSemi has raised US$1.03B in its Shenzhen initial public offering, with the retail portion oversubscribed 2,360 times. The debut drew intense demand from investors backing the company's silicon…

Asaas raises $57.6M in third receivables fund to fuel SME credit

Asaas, a Brazilian financial management platform for small and medium businesses, has raised US$76.7M (≈$57.6 million) through its third FIDC, a receivables investment fund. It is the largest issuance the company has…

Sicoob raises $187M in second financial notes issuance

Banco Sicoob raised US$249M (≈$187 million) through its second issuance of financial notes, structured in two series via a public offering in Brazil. Itaú BBA served as underwriter on the post-IPO debt deal, announced…

Spirit Airlines prices IPO at $12, raising $171M

Spirit Airlines priced its initial public offering at $12.00 per share, selling 15,600,000 shares of common stock to raise approximately $171 million after fees. The ultra-low-fare carrier, based in Fort…

UNRVLD buys 2CV and The Value Engineers, adds 70 specialists

UNRVLD, a UK experience and technology company, has acquired brand strategy consultancy The Value Engineers (TVE) and consumer insight firm 2CV from private equity investor Vespa Capital. Terms are undisclosed. The two…

Gran Canaria's public fund backs pet-food startup Rawway with €100,000

Rawway, a Gran Canaria startup that makes natural, BARF-diet pet food under Wolfy Diet S.L., has raised €100,000 through a participative loan instrument. The investment came from the Sociedad de Promoción Económica de…

Siigo buys Chile's Bsale, backs sales-software push with $100M Latam plan

Siigo, Latin America's leading accounting and administrative software provider for small and medium-sized enterprises (SMEs), has acquired Chilean cloud sales-software firm Bsale for an undisclosed sum. Founded in 2006…

South Africa's TokaBio lands $837K grant for livestock disease tracking

South Africa's Technology Innovation Agency (TIA) has granted R14 million (roughly $837,000) to biotech startup TokaBio to develop its Molecular Rapid Response and Bio-surveillance Programme. The money funds faster,…

IFS Capital launches $61.7M loan securitisation to recycle MSME capital

IFS Capital, a Singapore-listed specialist lender, has signed its inaugural US$57.9M (≈$61.7 million) securitisation programme backed by Singapore real-estate-secured loans to micro, small and mid-size enterprises…

Swiss cloud provider Infomaniak lists on SIX at $400M valuation

Infomaniak, a Geneva-based cloud and digital infrastructure provider, began trading on the SIX Swiss Exchange following a reverse takeover with Pierrot Duval. After the first day, its market capitalisation stood at just…

ULMA buys 30% of robotics firm Automach after 11-year partnership

ULMA Handling Systems has acquired a 30% stake in Automach Ingeniería, a Vitoria-based industrial automation and robotics firm that generates around €5 million in annual revenue. The deal gives the Oñati cooperative…

Belgium's Falcon launches AI contract review with €1.5 million

Belgian legal-services startup Falcon launched on October 2 with €1.5 million in fresh capital to offer AI-assisted commercial contract review. It charges fixed monthly fees and promises same-day turnaround — a break…

Kromek expands credit facility by £3M with HSBC

Kromek, a Sedgefield-based detection technology developer, has secured a £3 million ($3.96 million) expansion to its revolving credit facility with HSBC. The increased facility will support working capital requirements,…

Cloudflare launches Clef as TypeSafe's 'decision model' idea spreads across big tech

What happened? On 1 October 2026 Cloudflare released Clef and Clef-flash, its first models trained in-house by the Workers AI team. They are "decision models": instead of generating text, they take a state (a support…

Fleury buys Brazilian lab Unilab for $10.5 million

Fleury, one of Brazil's largest diagnostics companies, has acquired clinical analysis lab Unilab for US$14.1M. The deal, announced October 1, 2026, was approved by Fleury's board the same day.

Egypt's first fintech unicorn MNT-Halan to float 20% in $1.4B IPO

Egyptian fintech lending and payments company MNT-Halan plans to list 20% of its shares on the Egyptian stock exchange, in one of the country's largest initial public offerings in years. The offering covers 320 million…

Phoenix Systems raises $5.56M in IPO as demand runs 19x oversubscribed

Phoenix Systems, a Warsaw-based deeptech firm within the Atende group, has closed its initial public offering, raising US$5.38M. Demand ran 19 times higher than the shares on offer.

Parkway Bank raises $350M from Patriot Financial and Stone Point to fund Midwest expansion

Parkway Bancorp, the holding company for Chicago-based Parkway Bank, completed a private placement of common stock generating nearly $350 million in gross proceeds. The round was co-led by investment funds managed by…

Oman fund buys into Azerbaijan's state-owned Azər-Türk Bank

The Azerbaijan-Oman Direct Investment Fund is becoming a shareholder of state-owned Azər-Türk Bank through the acquisition of new shares. The investment will come via an additional share issue, raising the bank's…

Good Tape buys out newsroom parent, launches Explore memory tool

Good Tape, the Copenhagen-based AI transcription company, has made itself independent through a management buyout and raised fresh funding from Nordic Makers. Co-founder and chief executive officer Lasse Finderup took…

RM Equity Partners splits from Russmedia, now runs €500M in assets

RM Equity Partners (RMEP), the digital investment arm of Austrian newspaper publisher Russmedia, has been fully bought out by its three partners — Eugen B. Russ, Chris Wittlinger, and Nicola Szekely — along with the…

US Big Tech out-meets European industrials in Brussels — Google tops the digital omnibus

YRGLM completes merger with inhouse marketing specialist ATARA to push AI push

Japanese marketing technology company YRGLM has completed its absorption-type merger of wholly owned subsidiary ATARA, effective October 1, 2026. Takashi Ishinaga, ATARA's former representative director, becomes a YRGLM…

OfficeRnD founder's new sports startup 1club raises €2.2M seed

1club, an AI-native software platform for sports and fitness businesses, has raised €2.2 million in a seed round led by LaunchHub Ventures and BrightCap Ventures. The Bulgaria-based startup was founded roughly a year…

M-Based raises $700K seed round for mushroom-based materials

Ankara-based biotech startup M-Based has raised roughly $700,000 in a seed round led by the ODTÜ 70th Year Venture Capital Investment Fund, managed by Maxis Girişim Sermayesi Portföy Yönetimi. Elemental Ventures and…

BTG Pactual lands €100M debt facility for Brazil climate finance push

BTG Pactual, Latin America's largest investment bank, has secured a €100 million debt financing facility to expand its sustainable and impact-oriented lending in Brazil. The facility comes from COFIDES, Spain's…

Moldova launches €1M EU-backed fund to seed its startups

Moldova has launched the Moldova Innovation Fund, a fund of more than €1 million for technology startups, opening the first of four funding rounds at Moldova Business Week in Chisinau on September 30. The EU-backed…

Hatteras opens $100M second Opportunity Fund, adds ex-GSK chief Witty as chairman

Hatteras Venture Partners has held the first closing of Hatteras Opportunity Fund II, a venture fund targeting $100 million. The Durham, North Carolina firm, which focuses on healthcare innovation, will use the fund for…

Yojee raises $7.3M after launching MOSAIC, posts $8.2M FY26 loss

Australian logistics software firm Yojee raised approximately US$6.76M before costs through an oversubscribed placement and Share Purchase Plan. The company also reported a statutory net loss of US$5.31M for fiscal 2026…

JCB posts £5.7B in sales, opens $1B Texas plant amid leadership change

JCB reported 2025 sales turnover of £5.7 billion, profit before tax of £642 million and machine sales of 113,498 units, as the family-owned construction equipment maker set out plans for new production capacity,…

Apollo completes NSG Group buyout, installs new leadership

Apollo Global Management has completed its acquisition of Nippon Sheet Glass (NSG Group), the Japanese maker of architectural, automotive, and solar glass, and launched a new management structure. The deal value was not…

Tesla lines up $30B in new credit, one of the largest energy debt deals ever

Tesla entered into three senior unsecured credit agreements on September 29, 2026, totaling $30 billion in available financing, according to a company statement. Citibank and Wells Fargo are the lead agents across the…

Cuprina closes IPO over-allotment, adding 648,373 shares on Nasdaq

Singapore-based biomedical company Cuprina Holdings (Cayman) Limited (Nasdaq: CUPR) said it closed the sale of an additional 648,373 Class A ordinary shares. The shares were sold under the full exercise of its…

Goldman Sachs opens $100B Treasury fund to crypto firms via Avalanche network Lynq

Goldman Sachs is making its roughly $100 billion Financial Square Treasury Instruments Fund (FTIXX) available to eligible institutional digital-asset firms through Lynq, a private, permissioned Avalanche Layer 1…

Sparta raises $71M for listed infrastructure fund PREE11

Brazilian asset manager Sparta has raised US$94.7M in the second share offering for PREE11, its listed infrastructure fund. The raise lifts the fund's total assets to roughly US$102.3M.

Coinbase, CMCC back crypto trading firm Raven at $90M valuation

Coinbase Ventures and CMCC Global have closed a strategic early-stage funding round in Raven, a trading firm, at a $90 million pre-money valuation. Raven declined to disclose how much each investor contributed.

Peak XV lifts Surge seed cap to $5M, unveils 18-startup cohort

Peak XV on Tuesday, September 29, 2026 unveiled Surge 12, a cohort of 18 startups, investing more than $50 million across the group. The companies have raised over $90 million in seed funding.

Amazon takes $50M strategic stake in Taiwan PCB maker Gold Circuit

Amazon has invested about US$46M (roughly $50 million) in Gold Circuit Electronics, subscribing to 1,856,308 shares at US$24.8 apiece in the Taiwanese printed circuit board maker's first private placement of 2026. The…

Protego Ventures closes debut $125M fund for Israeli defense tech

Protego Ventures has completed the final close of its debut fund with $125 million in commitments, targeting Israeli defense tech. The two-year-old firm, led by Lital Leshem and Lee Moser, calls itself the first and…

Almaty airport lands $670M syndicated loan for expansion

Almaty International Airport has secured a $670 million syndicated loan to fund the next phase of its expansion, the Eurasian Development Bank (EDB) said. Bank of America arranged the deal, with the EDB acting as anchor…

AstraZeneca invests $2B in Summit to pair cancer ADCs with bispecific antibody

AstraZeneca has agreed to invest $2 billion in newly issued equity in Summit Therapeutics to speed development of ivonescimab, a first-in-class bispecific antibody targeting PD-1 and VEGF, in combination with antibody…

Uzbekistan's ORA raises $200K seed for AI creator platform

ORA, an Uzbek AI platform for brand-creator marketing, has raised $200,000 in seed funding. IT Park Ventures put in $150,000, and a local private venture fund added another $50,000 with the fund's help. Both amounts are…

Vimy Pharmaceuticals raises $8.5M ahead of TSXV listing via reverse takeover

Vimy Pharmaceuticals has closed a brokered private placement of US$8.84M (roughly $8.5 million) and signed a definitive reverse-takeover agreement with Harmony Acquisitions Corp. (TSXV: MONY.P). The company issued…

Italy's Zucchetti bets on Brazil with 10 acquisitions, 1,000 staff

Italian technology group Zucchetti has built its Brazilian operation through 10 acquisitions, including HR software firm Elofy. The company now employs around 1,000 people in Brazil across sectors ranging from…

CDIA has deployed most of its $130M IPO haul, with the rest due by 2027

PT Chandra Daya Investasi (CDIA) has spent US$121.2M of its US$154.4M (roughly $130 million) IPO proceeds as of June 2026, or 78.45% of the total. The Indonesian infrastructure firm expects to deploy the remaining…

Sunwest Bank absorbs failed Nano Banc, assuming $605M in deposits

Sunwest Bank has acquired Nano Banc of Irvine, California, in an FDIC-assisted acquisition after regulators closed the failed lender on September 25, 2026. Sunwest assumed roughly $605 million in deposits and $227…

Petrobras collects €388.2M diesel subsidy as first-half profit jumps 55%

Petrobras has received 2.3 billion reais (€388.2 million) from Brazil's federal government for its role in the country's public diesel subsidy program. The state oil company said the amount was settled in a single…

Genel Energy taps bond market for another $65M

Genel Energy has raised an additional $65 million through a bond tap issue, placing the notes under its existing senior unsecured bond framework. Pareto Securities managed the transaction as bookrunner, with The…