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
Kahua

Provides enterprise software that connects planning, construction and operations across complex capital programmes.

UndisclosedMinority growth investmentEnterprise software · United StatesBain Capital Tech Opportunities
Tiny Health

Tiny Health provides gut and vaginal microbiome testing and analysis to help families understand microbiome health across life stages.

$33MSeries BHealthtech · —Pave Health Ventures, The Venture City, B Capital (lead), Spero Ventures, Pari Passu Ventures, Overwater Ventures, Gaingels, Black Opal Ventures, Alumni Ventures Group, Denver Ventures
WearSynapse

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

₹25KIDFC FIRST Bank Demo Day awardHealthtech · IndiaIDFC FIRST Bank
Aptadir Therapeutics

RNA therapeutics designed to restore expression of silenced genes

€40MSeedBiotech · ItalyBio Lombardia Fund, EXTEND Initiative, Xgen Ventures, Kerna Ventures, Italian Angels for Biotech, 4BIO Capital (lead), CE-Ventures, Angelini Ventures, CDP Venture Capital, Indaco Bio, Club degli Investitori
Sovera Security

AI-native managed detection and response software that helps organizations coordinate security operations across their existing tools.

DKK 4MEIFO match loanCybersecurity · DenmarkDanish Export and Investment Fund (EIFO)
Pakajo

Pakajo helps online retailers compare carrier rates, automate shipping and manage domestic and international fulfillment from one platform.

€1.2MPre-Series A2Logistics · Germany
Cotierra

Cotierra deploys on-farm biochar systems and digital monitoring to convert agricultural residues into soil amendments and measurable carbon removal for food supply chains.

€2.6MFunding roundClimate tech · SwitzerlandGOTA Ventures, Zürcher Kantonalbank, Hungry4Impact, PINC (lead), Carbon Drawdown Initiative, better ventures, Triple Impact Ventures, Carbon Removal Partners (lead)
Elio Mortgage

Operates a mortgage brokerage using AI to handle loan-origination administration while loan officers advise borrowers.

$5.1MPre-seedFintech · United StatesJeff Horing, Motive Partners (lead), Social Leverage (lead)
F2

An AI workflow platform for institutional credit screening, underwriting and portfolio monitoring.

$5MStrategic investmentFintech · United StatesGolub Capital
Ola Electric

Ola Electric makes electric scooters, motorcycles and battery-storage products for the Indian market.

₹10BRights issue (60% paid)Mobility · India
Sirui Additive

Sirui Additive turns titanium and other metal scrap into powders for 3D printing and metal injection moulding. The Shenzhen company also provides powder treatment, custom printing and precision machining.

UndisclosedPre-AIndustrial tech · ChinaSUSTech Wutong Angel Fund, Tongkai Wanwei Venture Capital
Live Search Co., Ltd.

Property-data services that help real estate firms produce, manage and distribute listing photos, floor plans and other media.

UndisclosedSeries CProptech · Japan
HiringCafe

A job-search platform whose AI agent matches a person's resume and preferences to roles indexed from employer career pages.

$6.8MPre-seedAI · United StatesNonfiction Capital, Silicon Gardens, Spark Capital (lead)
Autoheal

AI agents that automate software development workflows and incident response for engineering teams.

$7.9MSeedDeveloper tools · United StatesEmergent Ventures, Savin Goyal, Batch Ventures, Innovation Endeavors (lead), Darkmode Ventures, Anshu Sharma
NIO Power

NIO Power provides electric-vehicle battery swapping and charging infrastructure.

CN¥640MStrategic investment cash componentMobility · ChinaGeely Holding Group
erad

A financing platform that provides Shariah-compliant working capital to small and medium-sized businesses in Saudi Arabia and the UAE.

$22MSeries AFintech · Saudi ArabiaOraseya Capital, Araya Ventures, Joa Capital, Khwarizmi Ventures, S60 Ventures, Aljazira Capital, Saudi Venture Capital, Conjunction Capital, Nuwa Capital, MEVP (lead), ANB Capital, 500 Global
Yizhu Technology

Yizhu Technology designs compute-in-memory chips for AI inference and post-training workloads.

UndisclosedStrategic equity investmentHardware · ChinaSuzhou Innovation Investment Group
SiMa.ai

SiMa.ai builds a full-stack physical AI platform that combines purpose-built silicon and software to help developers deploy machine learning on real-world devices.

$150MSeries CAI · United StatesJ.P. Morgan, State of Michigan, Amplify (lead), StepStone Group, Alter Venture Partners, Dell Technologies Capital, Point72, AllianceBernstein, Baron Capital, Fidelity Management & Research Company (lead), +ND Capital, Maverick Capital
Rela

RELA provides Saudi employers with managed workforce housing and a platform to coordinate accommodation, transport, meals and facility services.

UndisclosedStrategic investmentProptech · Saudi ArabiaYazeed Al Rajhi & Brothers Holding
Galgo

Galgo is a motorcycle commerce and financing platform that helps consumers buy bikes through online credit applications and a network of dealerships.

MX$1BCredit facilityFintech · ChileBBVA Spark
Granite

Granite builds sovereign AI cloud infrastructure that combines compute, storage, GPUs and agent orchestration in modular systems organizations can own or access as a network.

€4MFunding roundAI · DenmarkBifrost Studios (lead)
Bangalore Watch Company

Bangalore Watch Company designs and sells premium mechanical watches inspired by contemporary Indian stories.

$1.4MSeedConsumer · India
Vela Energy

AI agents coordinate procurement and permitting work for large energy and data-center projects.

$1.3MPre-SeedClimate tech · United StatesAndreessen Horowitz (a16z) (lead), Z Fellows (lead)
Flocta

Berlin software company developing tools to reduce the cost of using AI models.

$1.1MPre-seedAI · GermanyAtlantic (lead)
Presto Phoenix

Develops Voice AI for quick-service restaurant drive-thrus

$10MFunding roundAI · United States
Smolt Co., Ltd.

An aquaculture company that breeds heat-tolerant cherry salmon and supplies seed fish and salmon products to regional producers.

~¥200MPre-Series A extensionAgritech · JapanChugin Capital Partners Co., Ltd., Samurai Incubate, Inc., mint (lead), ANOBAKA, Inc.
Balwaan Krishi

Balwaan Krishi manufactures farm machinery for Indian farming conditions and sells it through dealers and ecommerce, supported by a service network.

₹1BSeries BAgritech · IndiaFirst Bridge India Growth Fund Private Equity (lead)
Complaion

Complaion combines compliance-management software with dedicated lead auditors to help growing companies obtain and maintain ISO certifications.

€13.5MSeedBusiness services · ItalyIthaca, Vesper Holding, Vento, Eurazeo (lead), Enzo Ventures, Eden Ventures, Sella Direct Ventures, K-Fund, Shapers, 2100 Ventures, Italian Founders Fund (lead)
Amaani

A consumer beauty company building regional brands, starting with AÏZA skincare and haircare.

$5MSeries AConsumer · United Arab EmiratesHomegrown Ventures, BECO Capital (lead), Peak XV’s Surge
Modulate

Modulate builds audio-native AI models and APIs that help developers understand voice conversations beyond their transcribed words.

$25MFunding roundAI · United StatesLakestar, Future Ventures (lead), Hyperplane