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
Ordo

Ordo develops camera-equipped earbuds that let people interact with an AI assistant through voice and visual context.

≥₹2.5MInvestment commitmentHardware · United StatesDraperU India, Rathnakar Samavedam
Bharat Housing Network

Bharat Housing Network channels secured credit to lower- and middle-income borrowers and clean-technology businesses through its lending network.

$5MGreen bondFintech · IndiaSymbiotics
Edison IA

Edison IA helps small and mid-sized businesses put AI to work through executive training, process diagnosis and deployed business agents.

€1MSeedAI · FranceBpifrance, CIC Ouest, GO CAPITAL (lead)
RiskScout

RiskScout provides financial-crime compliance and fraud-prevention software for banks and credit unions.

UndisclosedUndisclosedFintech · United StatesCastle Creek Launchpad, Bankers Helping Bankers Fund, LiveOak Ventures (lead), C3 Ventures, Alloy Labs, Brue2
EliseAI

Agentic AI software for housing operators and healthcare providers that automates customer conversations and operational workflows.

$350MGrowth financingAI · United StatesBessemer Venture Partners (lead), Andreessen Horowitz (a16z) (lead)
Efficient Computer

Efficient Computer develops general-purpose data-flow processors and software tools for computing and AI systems.

>$97MSeries B financing agreementsHardware · United StatesTQ Ventures (lead), Triatomic Capital, Union Square Ventures, TO Capital, Giant Ventures, Borderless, Mana Ventures, TF Capital, Eclipse, Toyota Ventures, Overmatch
flowscope

flowscope automates enterprise work by connecting business processes and using AI to reduce repetitive operational tasks.

$3.8MSeedBusiness services · United StatesOutbound Capital, Red Forest Capital, Latitude, Y Combinator (YC)
Marble

AI-powered fraud and anti-money-laundering software for banks, fintechs and crypto exchanges.

€6.5MSeries AFintech · FranceHexa, Passion Capital, 42Capital, Smartfin (lead), ADNEXUS
Breye Therapeutics

Breye Therapeutics develops oral medicines for retinal diseases.

€67.5MSeries ABiotech · DenmarkInnovestor Life Science, Sound Bioventures, Catalyze Capital, Modi Ventures, Mission BioCapital (lead), Novo Holdings (lead), Ljungström family office, Danish Export and Investment Fund (EIFO), Pappas Capital
Billding

Billding helps households and small businesses compare utility offers using their actual bills. Customers upload a bill to see potential savings, switch to a selected provider through the platform, and monitor tariffs for later price increases.

€530K€530,000 funding roundConsumer · ItalyAlberto Mazzetti, Alberto Dalmasso, Michelangelo Bottesini, Giuliano Messina, Umberto Lentini, Dario Brignone, Alessandro Cillario, Daniele Ratti
Kyndred

Kyndred builds real-time AI characters that combine voice, live animation and memory for consumer conversation and creator experiences.

€500KPre-SeedAI · RomaniaEarly Game Ventures (lead)
Ahron

Ahron connects enterprise HR systems and uses governed AI agents to carry routine employee workflows across them.

€2.2M€2.2 million funding roundAI · GermanySabine Kohleisen, Cusp Capital (lead)
WearSynapse

WearSynapse develops wearable voice capture and clinical-note software for hospital consultations.

≥₹2.5MInvestment commitmentHealthtech · IndiaDraperU India, Rathnakar Samavedam
Reco

Cybersecurity software that helps security teams discover, govern and secure SaaS applications, identities and AI agents.

$55MSeries B extensionCybersecurity · United StatesForestay Capital, Quadrille Capital, AT&T
Nudge

Nudge rewards shoppers for submitting purchase receipts and helps brands measure purchasing behaviour.

UndisclosedFunding announcement covering two roundsConsumer · IndiaAdani Family Office, Jhaveri Credits and Capital Limited
IPercept

Hardware-enabled software that monitors CNC machine condition and production without controller integration.

$16.5MSeries AIndustrial tech · SwedenLuminar Ventures, 2150 (lead), RunwayFBU, J12 Ventures, AI.Fund, Isogon Ventures (lead)
Voi Technology

Voi operates app-based e-scooter and e-bike sharing services in partnership with cities and local communities.

€150M€150 million revolving credit facilityMobility · SwedenDanske Bank A/S, DNB Sweden AB, Swedbank AB
RemoteThreat

RemoteThreat provides an offensive cyber-operations platform for enterprise red teams, government mission teams and vetted defence partners.

$7MPre-seedCybersecurity · United StatesOsage University Partners (lead), DataTribe (lead)
Ororo Waste Management

Ororo Waste Management collects used cooking oil and supplies traceable feedstock to biofuel producers.

≤NGN 1.4BCorporate noteClimate tech · NigeriaRising Tide Africa
knewit, Inc.

A delivery-operations platform that combines business software, AI agents and operational services for trading companies and manufacturers.

UndisclosedPre-Series ALogistics · JapanKUSABI Fund I Limited Partnership
ai3Bio

ai3Bio develops therapies designed to remove disease-causing Th17 immune cells, using antibody and lipid-nanoparticle platforms to address autoimmune disease.

$48MSeries ABiotech · United StatesTanis Ventures, Ziff Capital Partners (lead), UPMC Enterprises (lead), Cockrell Interests
froots

Austrian wealth manager that builds and actively manages investment portfolios tailored to each client.

€2.3MFunding roundFintech · AustriaPaul Fattinger, Andreas Treichl, Reinhold Baudisch
Something & Nothing

Something & Nothing makes botanical sparkling drinks and premium sodas in fruit-led flavors as an adult alternative to conventional soft drinks.

$6.4MSeries AFoodtech · United KingdomThe Source Ventures (Spadel), ACF Investors, Rianta Capital, Venrex (lead)
Creator Studio

Creator Studio develops AI tools for planning, generating and editing videos, with shared creative context across scenes, assets and subtitles.

₹15KIDFC FIRST Bank Demo Day awardMedia & gaming · IndiaIDFC FIRST Bank
hello again

White-label customer loyalty software that helps businesses run branded apps, rewards programs and targeted customer communications.

UndisclosedGrowth investmentBusiness services · AustriaEMERAM Capital Partners (lead)
Blue Fire AI

Blue Fire AI develops AI-powered company research and investment decision tools for asset managers.

$9MFunding roundFintech · SingaporeAsset Management One
Jeeves

Jeeves provides a financial platform for global businesses, combining corporate cards, cross-border payments, expense controls and treasury tools.

$110MSeries C-1Fintech · United StatesVista Credit Partners, CRV, ParaFi, Wintermute, Global PayTech Ventures, Andreessen Horowitz (a16z), CoinFund (lead), GIC, AllianceBernstein, Coinbase Ventures, Y Combinator (YC)
Hertha Metals

Develops a continuous process for producing iron and steel from different ore grades using natural gas or hydrogen.

$133.7MSeries AIndustrial tech · United StatesSiemens Financial Services, Niterra SUISO no MORI Fund, CEV, Khosla Ventures (lead), U.S. Government, Toyota Ventures, Pear Ventures, Doerr Capital (lead), Gates Frontier
WEH Ventures Fund III

WEH Ventures Fund III invests in early-stage Indian companies across technology and the physical economy.

UndisclosedFund III first closeFintech · IndiaHeritage Investments, Twin & Bull Investments, Play Capital, Eraya
ANote Music

ANote Music gives rights holders an auction and trading venue for music royalty interests

€2MFunding roundFintech · LuxembourgSeventure Partners (lead), ScaleFund III