Weekly · Monday, Sep 28 – Sunday, Oct 4, 2026

Weekly funding picks, September 28–October 4: Varda’s next flights and Voi’s bank refinancing

Varda raises $251 million for orbital pharmaceutical processing, Voi signs a €150 million bank facility, and Reverion funds a larger power-plant factory.

Varda announced a $251 million Series D on September 30, led by Lux Capital and Natural Capital. Its spacecraft process pharmaceutical materials in microgravity and return them to Earth. After six successful reentries, the company plans to increase mission frequency and deepen pharmaceutical partnerships.

Voi replaces bond funding with a €150 million bank facility

Voi signed a revolving credit facility with Danske Bank A/S, Swedbank AB and DNB Sweden AB on September 29. It covers refinancing and fleet investment. Redemption of the scooter operator’s outstanding bonds remained subject to the conditions for first utilisation; the announcement expected it to complete on October 19.

Reverion funds a factory with 250 MW of annual capacity

Reverion closed a $175 million Series B led by Kembara. The German company makes fuel-cell power plants that generate electricity from gas and can reverse operation to store electricity as gas. It plans a new German production site targeting 250 MW of annual manufacturing capacity, a tenfold increase.

The selected financing announcements

Sources

  1. prnewswire.com ↗
  2. attachment.news.eu.nasdaq.com ↗
  3. reverion.com ↗

All rounds in this edition

All funding rounds in this edition
CompanyAmountRoundSector · countryInvestorsDate
EQL Global

EQL Global builds financial data infrastructure and AI research tools for banks, asset managers and other financial professionals.

SEK 10MSubscribed capital; raise ongoingFintech · Sweden
Beltic

Identity and authorization infrastructure that lets businesses verify what an AI agent represents and may do.

UndisclosedSeedDeveloper tools · United StatesNorwest Venture Partners (lead), Restive Ventures
Project Suppliers

Project Suppliers connects construction buyers with suppliers and provides tools for managing requests for quotations.

SAR 3.8MPre-seedEnterprise software · Saudi Arabia
VoltR

VoltR remanufactures lithium batteries, combining collection, cell diagnostics and production to give used cells a second life.

€22MUndisclosedClimate tech · FranceSPI 2 Fund, Decathlon PULSE
Reuse

Reuse operates trade-in, refurbishment and resale services for electronic devices.

$21MSeries AEcommerce · ChileCoppel Ventures, Endeavor Catalyst, Dalus Capital, At One Ventures (lead), IGNIA Partners, ALIVE Ventures
HiRAO INC

PR, branding and creative direction for international brands and cultural projects.

UndisclosedCapital and business allianceBusiness services · JapanKRAM Inc.
eEnergy Group

eEnergy Group designs and installs energy-saving and renewable energy systems for UK organisations.

~£8.3MConditional placing, subscription and retail offerClimate tech · United KingdomHarwood Capital LLP, Nigel Burton, Chris Poulton, John Samuel
Tasaheel for Finance

An Egyptian microfinance lender within the MNT-Halan group.

EGP 1.2BSecuritised bond issuanceFintech · Egypt
Hestus, Inc.

AI-powered CAD software that automates repetitive mechanical design work for hardware engineers.

$7.4MSeedIndustrial tech · United StatesRock Yard Ventures, Garage Capital, Chalfen Ventures, Kyle Vogt, Insight Partners
Supabase

Provides an open source Postgres platform with databases, authentication, storage and application backend services.

UndisclosedFunding roundDeveloper tools · United StatesIronArc, Square Peg, CapitalG, GIC (lead)
DriveX

DriveX develops Smart Production Planning, AI software that helps factories build and revise production schedules.

~¥150MFunding roundIndustrial tech · Japan
MOT

MOT manages manga creators and operates Kakikomi, an online school taught by working manga artists and editors.

UndisclosedEquity financingMedia & gaming · JapanShochiku Ventures Fund 1, DBJ Capital Co., Ltd. (lead)
Good Tape

Good Tape provides transcription and tools for working with recorded interviews and meetings.

UndisclosedInvestment accompanying management buyoutEnterprise software · DenmarkNordic Makers
Halluminate

Training environments and benchmarks that measure how AI agents perform financial services work.

$30MSeries AAI · United StatesOak HC/FT (lead), Orange Collective, Y Combinator (YC)
Halan Consumer Finance

An Egyptian consumer finance business within the MNT-Halan group.

EGP 528.5MSecuritised bond issuanceFintech · Egypt
Conway Research

Conway Research develops on-device personal AI, including the Underdog assistant and Husky inference engine.

UndisclosedFirst financingAI · United StatesMenlo Ventures’ Anthology Fund, SV Angel, Khosla Ventures, Deedy Das, Noam Brown, Andreessen Horowitz (a16z) (lead), Patrick Collison, Guillermo Rauch, Hummingbird Ventures
Trustly

Trustly provides pay-by-bank payments that connect merchants and consumers through open banking.

>$40MBinding equity commitmentsFintech · SwedenAlfvén & Didrikson, Nordic Capital
Tasaheel for Finance

An Egyptian microfinance lender within the MNT-Halan group.

EGP 2.3BSecuritised bond issuanceFintech · Egypt
Agrimedia

Agrimedia connects consumers, farmers, businesses and local authorities through agriculture-related services.

UndisclosedEquity stake acquisitionAgritech · JapanOPTiM Corporation
Contents X

Contents X creates manga, animation and video for businesses and helps turn that content into sales and recruitment opportunities.

UndisclosedStrategic equity investmentBusiness services · JapanASOBISYSTEM
Osavul

Osavul uses AI to detect and investigate hybrid threats across information, cyber and physical domains for governments and critical organizations.

€8.5MSeries ACybersecurity · —Balnord, 33N Ventures (lead), G+D Ventures, 42CAP
JAOPS

JAOPS supplies mission-control software, infrastructure and operators to help spacecraft teams prepare and run their missions.

¥260MSeedSpace tech · JapanMidtown Frontier Fund, UntroD Capital Japan, Inc.
doxx.net

doxx.net provides private networking for people and AI agents, including direct file transfers, calls and messaging.

$38MSeries ADeveloper tools · —Focal.vc, ANIMO Ventures, Andreessen Horowitz (a16z) (lead)
QioN

QioN develops electrochemical ammonia-production technology that uses clean electricity to supply fertilizer, chemical feedstocks and energy applications.

UndisclosedR&D grantClimate tech · Japan
Anthropic

Develops Claude and conducts research into reliable, interpretable and steerable artificial intelligence.

≤$42BConvertible financing facilityAI · United StatesBroadcom
Joe AI

AI agents that handle customer communications and operations for real estate professionals.

€2MUndisclosedProptech · FrancePlug and Play Ventures, Thierry Herrmann, Rémy Sultan, Renaud Dalbera, Julien Madar, Benjamin Chemla, Patrick Safar, Xplore (lead), Justine Cazalière, Cyril Madar, Olivier Safar, Marc Menasé
1club

1club provides operating software for sports clubs, gyms and studios.

€2.2MSeedEnterprise software · BulgariaLAUNCHub Ventures, BrightCap Ventures
White Crow

White Crow designs, produces and operates drone light shows for municipalities, tourism events and corporate promotions.

UndisclosedFund investmentMedia & gaming · JapanOsaka Regional Revitalisation Fund
Spectronix

Spectronix develops and manufactures short-wavelength, ultrashort-pulse lasers for precision processing of semiconductors, electronic components and other materials.

¥518MSeries F extensionIndustrial tech · JapanNissay Capital Fund 15, NOBUNAGA Growing Fund, JM Strategic Innovation Fund, Japan Post Bank Spiral Regional Innovation Fund 1, JAFCO V7 Investment Limited Partnership, DBJ Capital Investment Limited Partnership, Chushin Venture Investment Fund 9, JAFCO SV7-S Investment Limited Partnership
Seeds Fincap

Seeds Fincap provides business loans to underserved micro and small enterprises in India.

>₹1BSeries BFintech · IndiaLok Capital, Alteria Capital, Michael & Susan Dell Foundation (lead), Norinchukin Capital, Z47