Startups

Evos Raises $9 Million Pre-Seed Co-Led By Uncork Capital And Field Ventures For Autonomous Industrial Operators

By Amit Chowdhry ● Oct 14, 2026

Evos has emerged from stealth with $9 million in pre-seed funding to expand its platform for building autonomous AI operators for small and mid-sized businesses across physical industries. The round was co-led by Uncork Capital and Field Ventures, with participation from Crosslink Capital, Utopia Capital Management, Sandwith Ventures, and angel investors. Evos plans to use the funding to grow its team and bring its autonomous operators to more businesses across industries including manufacturing, transportation, logistics, and other parts of the physical economy.

Salience Labs Raises $125 Million Series B Led By Bullhound Capital For AI Data Center Photonic Networking Chips

By Amit Chowdhry ● Oct 14, 2026

Salience Labs has raised $125 million in an oversubscribed Series B funding round to scale its photonic networking technology for artificial intelligence data center infrastructure. The round was led by Bullhound Capital, with Principal Callum Stewart joining Salience Labs’ Board of Directors. AMD Ventures, Intel Capital, SBI Group, Hudson River Trading, and British Business Bank also participated, along with existing investors Applied Ventures, Oxford Science Enterprises, Cambridge Innovation Capital, and Silicon Catalyst Ventures.

CodeWall Raises $4 Million Pre-Seed Led By Osney Capital To Build Autonomous Attack Agents For Enterprise Security

By Amit Chowdhry ● Oct 14, 2026

CodeWall has emerged from stealth with $4 million in pre-seed funding to build autonomous attack agents designed to continuously test enterprise security from an attacker’s perspective. The financing was led by Osney Capital, with participation from InReach Ventures, Antler, and angel investors.

Melius Raises $25 Million To Expand AI Agents Lab For Creative Work

By Amit Chowdhry ● Oct 14, 2026

Melius has raised $25 million to expand its AI-powered creative operating system, including a $5 million seed round led by General Catalyst and a $20 million Series A led by CRV. Genius Ventures, Vine Ventures, and Anti Fund also participated.

Clueso Raises $10 Million Series A Led By Dharana Capital

By Amit Chowdhry ● Oct 14, 2026

Clueso has raised a $10 million Series A led by Dharana Capital to expand its agentic video platform for businesses. Founders Future and Neotribe Ventures joined as new investors, while Y Combinator and f7 Ventures also participated.

Ubitium Raises $14 Million To Build The First Universal Processor For Physical AI

By Amit Chowdhry ● Oct 14, 2026

Ubitium has raised $14 million in new seed funding to advance its universal processor architecture for Physical AI. The round was led by Ibex Investors, with participation from OpenOcean, existing investors KBC Focus Fund, Runa Capital and Inflection, and a personal investment from Florian Seibel, co-founder and co-CEO of Quantum Systems. The financing brings Ubitium’s total seed funding to $18 million since the company was founded in 2024.

ICON Raises $200 Million Series D Co-Led By Baillie Gifford And BlackRock

By Amit Chowdhry ● Oct 14, 2026

ICON has raised $200 million in Series D financing co-led by Baillie Gifford and funds managed by BlackRock, as the construction technology company prepares to scale its robotic building systems across the United States. Other participants included Capital Factory, CAZ Investments, Moderne Ventures, Moonshots Capital, Norwest, Overmatch, The Syndicate and Tiger Global.

CodeWall Emerges From Stealth With $4 Million Pre-Seed Funding Led By Osney Capital

By Amit Chowdhry ● Oct 14, 2026

CodeWall emerged from stealth with $4 million in pre-seed funding to expand its autonomous offensive security platform for enterprises. The round was led by Osney Capital, with participation from InReach Ventures, Antler, and angel investors.

Matter Machine Raises £4 Million Pre-Series A To Accelerate AI-Powered Materials Discovery

By Amit Chowdhry ● Oct 13, 2026

Matter Machine, a University of Liverpool spin-out focused on AI-enabled materials discovery, raised £4 million in an oversubscribed pre-Series A funding round. The round was led by IP Group and supported by Northern Gritstone, the University of Liverpool Enterprise Fund, Norrsken Evolve, LYVA Labs, and the Northern Universities Venture Fund managed by Parkwalk.

Universal Quantum Raises More Than $100 Million Series A To Scale Quantum Computing Technology

By Amit Chowdhry ● Oct 13, 2026

Universal Quantum, a University of Sussex spin-out developing large-scale quantum computers, raised more than $100 million in Series A funding.

MintNeuro Raises $5 Million To Scale Semiconductor Platform For Neural Devices

By Amit Chowdhry ● Oct 13, 2026

MintNeuro raised $5 million from European and U.S. investors to accelerate product launches, expand commercial partnerships, and support international growth for its semiconductor platform designed for neural devices. The round was led by Odyssey Ventures. Additional investors included 33East, JSK Investments, Alumni Ventures, Empirical Ventures, Jumpspace Ventures, and other investors that participated in the company’s earlier financing.

Reach Security Raises More Than $50 Million Series B To Expand AI-Powered Security Platform

By Amit Chowdhry ● Oct 13, 2026

Reach Security has raised more than $50 million in Series B funding to accelerate product innovation, expand integration partnerships, support international growth, and continue scaling across U.S. enterprise and federal markets. The round was led by Top Tier Capital Partners, with participation from Ballistic Ventures, In-Q-Tel, M12, Microsoft's venture fund, and existing investors.

Photon Raises $4.5 Million Seed Round To Build Messaging Infrastructure For AI Agents

By Amit Chowdhry ● Oct 13, 2026

Photon raised $4.5 million in seed funding to expand its messaging infrastructure platform for AI agents across channels including iMessage, RCS, SMS, and WhatsApp. The round was co-led by Gradient and A*, with participation from Vercel, HongShan, Z Fellows, Llama Ventures, Karman, and angel investors.

Switched Source Raises More Than $17 Million To Expand Grid Capacity Technology

By Amit Chowdhry ● Oct 13, 2026

Switched Source secured more than $17 million in funding to scale deployment of its Phase-EQ grid technology and expand manufacturing and production capacity. Cubit Capital led the round, with participation from ABB, Emerald Technology Ventures, Red Cedar Ventures, Southern States, Southwire Company, and additional strategic investors.

Undecimal Bio Launches With $18 Million Seed Round To Advance siRNA Delivery Beyond The Liver

By Amit Chowdhry ● Oct 13, 2026

Undecimal Bio launched with an oversubscribed $18 million seed financing to advance its AI-enabled platform for targeted delivery of siRNA therapeutics beyond the liver. The company is a spin-out from Eleven Therapeutics and will use the funding to expand DELiveri, its proprietary platform for identifying conjugates capable of directing RNA medicines to specific cell types. The round was co-led by 4BIO Capital and IQ Capital. Additional investors included Verve Ventures, Harel Tech, Entree Capital, Kerna Ventures, and Saras Capital.

Flexcompute Raises Strategic Investment From Samsung Ventures And Applied Ventures To Advance Physics World Model

By Amit Chowdhry ● Oct 12, 2026

Flexcompute raised a strategic investment from Samsung Ventures and Applied Ventures, the venture capital arm of Applied Materials, to accelerate development of its Physics World Model. Other investors also participated in the financing.

Charter Space Raises $5 Million Seed Round To Expand Space Insurance Platform

By Amit Chowdhry ● Oct 12, 2026

Charter Space closed an oversubscribed $5 million seed funding round as the company expands its insurance platform for the growing commercial space economy. The round was led by Crystal Venture Partners, with participation from QED, Blank Ventures, Gaingels, Hustle Fund, and other fintech and space-focused investors.

CScale Raises $145 Million In Series C Funding To Build Optical Interconnect For Gigawatt-Scale AI

By Amit Chowdhry ● Oct 12, 2026

CScale emerged from stealth with $145 million in Series C funding to accelerate the development and commercialization of optical interconnect technology for large-scale AI infrastructure. The round brings CScale’s total funding to $188 million. The financing was co-led by Atreides Management, Valor Equity Partners, and Premji Invest. Sutter Hill Ventures, which has backed CScale since its founding, also participated alongside existing investor Maverick Silicon. NVIDIA and Intel Capital joined the round as CScale’s first strategic investors.

Scarlet Raises $50 Million In Series B Funding To Expand AI Medical Device Certification Platform

By Amit Chowdhry ● Oct 12, 2026

Scarlet raised $50 million in Series B funding to expand its AI medical device certification platform and build what it describes as a global certification body for advanced healthcare technology companies. The round was led by Headline, with participation from existing investors Kindred Capital, Creandum, Atomico, and Entrepreneurs First, along with new investor Notion Capital.

Elio Mortgage Raises $5.1 Million In Pre-Seed Funding To Build AI-Native Mortgage Platform

By Amit Chowdhry ● Oct 12, 2026

Elio Mortgage emerged from stealth with $5.1 million in pre-seed funding to build an AI-native mortgage company focused on redesigning how home loans are originated. The round was led by Motive Partners and Social Leverage, with participation from Jeff Horing, Co-Founder and Managing Director of Insight Partners, as an angel investor.

TCGX Closes $600 Million Asia Life Sciences Fund I

By Amit Chowdhry ● Oct 12, 2026

TCGX closed its oversubscribed TCGX Asia Life Sciences Fund I with $600 million in commitments. The new fund will focus on biotechnology companies based in Asia.

HyLight Raises €13 Million To Scale Autonomous Hydrogen-Powered Airships For Infrastructure Inspections

By Amit Chowdhry ● Oct 12, 2026

HyLight raised €13 million in funding to expand its fleet of autonomous hydrogen-powered airships and accelerate the development of its AI-powered infrastructure inspection platform. The round was backed by Rubio Impact Ventures, DRW, and Teampact Ventures, with participation from existing investors Y Combinator and Ring Capital.