Weekly funding picks, October 5–11: Waymo borrows $5bn; Zenflow pairs funding with distribution
Waymo adds debt for robotaxi expansion, Zenflow secures financing alongside a US distribution agreement, and Living Optics brings commercial collaborators onto its cap table.
Waymo closed its first debt financing on October 8. The $5 billion term loan will support autonomous ride-hailing expansion in the US and internationally, following a separate $16 billion equity investment earlier in the year. PIMCO, Blackstone and Sixth Street led the syndicated lending.
Zenflow ties a $52 million financing to a route into clinics
Zenflow announced a $52 million Series D on October 5 alongside an exclusive US distribution agreement with Cook Medical. The proceeds support commercialisation of its Spring System, an implant for urinary symptoms caused by an enlarged prostate. Cook brings an established urology sales network to the launch.
Living Optics brings camera customers into its investor group
Living Optics secured a $20 million Series A extension led by BRV Capital Management. Lockheed Martin Ventures, Applied Ventures and Lam Capital invested as the camera maker expands its work with their parent companies. The financing supports US expansion and deployment of hyperspectral cameras that reveal material information beyond ordinary colour images.
The selected financing announcements
Sources
All rounds in this edition
| Company | Amount | Round | Sector · country | Investors | Date |
|---|---|---|---|---|---|
| MoneyTruVa MoneyTruVa develops a platform that organizes financial information for Indian investors. | Undisclosed | Seed | Fintech · India | Rahul Malodia, Sanjay Kathuria, Sanjay Arora, Vinit Jain, Raj Shamani, Karunya Puligadda, Avanne Dubash, Dhiren Shah, Jayesh Parmar, Sonia Shenoy, Kunal Bothra, Abhijit Bhave, Ajay Thakur, Vikram Kotak, Kirtan Shah, Anant Ladha, Amar K. Ambani, Mubina Kapasi, Kushal Lodha, Sunil Singhania (lead), Rakesh Rathod | |
| Helical Fusion Helical Fusion develops helical fusion technology and the engineering systems needed for a future electricity-generating plant. | ¥3.2B | Series B second close | Climate tech · Japan | Fuji Electric, KKT, ECrowd NEXT No. 3 Helical Fusion Fund, Urata, Kepple Group, Fujikura, Tokyo Gas, Hazama Ando Corporation | |
| Zinara Zinara sells everyday jewellery made with lab-grown diamonds and 18K gold vermeil. | ₹36.1M | Pre-seed | Consumer · India | Nikita Dutta, Nine Jewellery, Inflection Point Ventures (lead) | |
| UniSieve UniSieve develops membrane systems for separating industrial gases and capturing carbon dioxide with lower reliance on energy-intensive thermal processes. | $9M | Series A | Climate tech · Switzerland | Zürcher Kantonalbank, Orano Venture Fund (lead), Amadeus APEX Technology Fund, Guenat Holding, Founderful | |
| GUDEA GUDEA helps communications and security teams spot emerging online narratives and understand the networks amplifying them. | $7M | Seed | AI · United States | Mudita Venture Partners (lead), Collide Capital (lead) | |
| Endeavor Catalyst Fund V Endeavor Catalyst Fund V co-invests in companies led by Endeavor Entrepreneurs across underserved venture markets. | $320M | Fund V final close | Business services · — | Prosus, ISSF Fund II (lead), Bill Ackman, Reid Hoffman | |
| Atomic Machines Atomic Machines develops programmable manufacturing systems that build functional micro-machines from digital designs. | Undisclosed | Financing disclosed at launch | Industrial tech · United States | KAS Venture Partners, Regents of the University of California, XTX Ventures, Valor Equity Partners, Gigafund, Construct Capital, Sozo Ventures, One Investment Management, Tru Arrow Partners | |
| Hilt Hilt helps security teams detect anomalous movement of sensitive data across cloud systems, endpoints and AI tools. | $4.2M | Seed | Cybersecurity · United States | Brickyard, Liquid 2 Ventures, Base10 Partners, Verdict Capital, Array Ventures (lead), Alumni Ventures, Sequel, Sarah Smith Fund | |
| FLÆ Robotics FLÆ Robotics builds BE-A, an AI receptionist that helps hotels handle guest enquiries and reservations across messaging and voice channels. | >€1M | Seed | Travel tech · Czech Republic | Garage Angels, Purple Ventures | |
| Lumio Lumio develops televisions, projectors and home entertainment products. | $12M | Series A | Consumer · India | Blume Ventures (lead), 3one4 Capital, Stellaris Venture Partners | |
| Garuda Aerospace Designs and manufactures drones, delivers drone services and trains remote pilots for commercial and public-sector applications. | ~$10M | Pre-IPO | Robotics · India | Motherson Family Office (lead), Aditum Investment Management (lead) | |
| Healthleap Healthleap develops clinical AI software that helps hospital teams identify patients needing further assessment. | $30M | Series A | Healthtech · United States | Hummingbird Ventures (lead) | |
| IZANA IZANA develops compact magnetic sensing systems for defence and marine-infrastructure applications. | ~¥100M | Third-party allotment | Hardware · Japan | Beyond Next Ventures Fund III | |
| Flyle Flyle develops AI tools for contact centres to analyse customer feedback, assess response quality and connect service insights to business improvements. | ¥1.9B | Series A | Enterprise software · Japan | Japan Post Capital, Mizuho Capital Co., Ltd., Aflac Ventures Japan, Inc., Firstlight Capital, ALL STAR SAAS FUND, Salesforce Ventures, SMBC Venture Capital, Mitsubishi UFJ Capital Co., Ltd., ALPHA | |
| Credfix Credfix helps borrowers understand repayment difficulties, manage recovery communications and work through loan resolution. | ₹161M | Seed | Fintech · India | Tanglin Venture Partners (lead), Stargazer | |
| Nous Research Open-source AI models and the Hermes agent, which retains project memory and reusable skills across tasks. | $90M | Series B | AI · United States | Union Square Ventures, Menlo Ventures, 1789 Capital, Samsung, NVIDIA, Robot Ventures (lead), M12, Y Combinator (YC) | |
| Cori Clinical Cori Clinical helps trial teams turn study knowledge and external evidence into protocols, regulatory submissions and operational plans. | $4M | Seed | Healthtech · United Kingdom | BREEGA (lead), Bynd Venture Capital, Enzo Ventures, HEARTFELT VC, Ventures Together | |
| Polygrade Polygrade coordinates home-warranty claims among homeowners, carriers, contractors, suppliers and payment teams. | $6.3M | Seed | AI · United States | Nine Four Ventures, Construct Capital (lead), Hustle Fund | |
| MintNeuro Specialised semiconductors for devices that connect to the nervous system. | $5M | Undisclosed | Hardware · United Kingdom | 33East, Empirical Ventures, JSK Investments SICAV a.s., Odyssey Ventures (lead), Jumpspace Ventures, Alumni Ventures | |
| Grand Story Grand Story operates STORIUM, a platform and advisory network that helps Japanese startups, investors and other organisations find business and financing partners. | Undisclosed | Strategic investment | Business services · Japan | Nissay Strategic Fund I | |
| Healthleap Healthleap develops clinical AI software that helps hospital teams identify patients needing further assessment. | $8M | Seed | Healthtech · United States | First Round Capital (lead), Sequoia Capital (lead) | |
| Desible.ai Desible.ai builds voice agents and workflow software for financial-services companies. | ₹320M | Seed+ | AI · India | Prime Venture Partners (lead), Invention Engine | |
| Okulyo Okulyo combines student identity, school access, parent notifications and campus payments in a single platform. | $700K | Funding round | Edtech · Turkey | Halil Erdoğmuş (lead) | |
| Konsileo Technology-enabled insurance broking for UK businesses. | £5M | Equity financing | Fintech · United Kingdom | Committed Capital (lead), ACF Investors (lead) | |
| Ionage Ionage connects electric-vehicle drivers, fleets and charging operators through software for finding chargers, paying across networks and managing station operations. | $1.3M | Pre-Series A | Mobility · India | ||
| ER Stress Research Institute ER Stress Research Institute develops drug candidates targeting cellular stress responses, including an oral small-molecule programme for diabetes. | Undisclosed | Strategic investment agreement | Biotech · Japan | FRONTEO | |
| The Dough Therapy The Dough Therapy operates vegetarian pizza outlets in Mumbai, offering dine-in and delivery alongside catering for events. | ₹52.5M | Seed | Consumer · India | Michigan Capital Advisors (lead), Equiglobe Investment | |
| indent indent develops the Nola writing platform and helps turn original stories into published and adapted entertainment. | ¥1.1B | Series B final close, completed April 2026 | Media & gaming · Japan | EX Innovation Fund, Nissay Capital, Japan Finance Corporation, JAFCO Group Co., Ltd. | |
| Stuut AI software for finance teams that follows up on invoices, resolves payment disputes and matches incoming payments to receivables. | $52.5M | Series B | Fintech · United States | Activant Capital, Andreessen Horowitz (a16z), Insight Partners (lead), M12 | |
| IndusBridge Ventures Fund An Indian aerospace and defence fund backing companies with market-ready technology and cross-border growth potential. | ≥₹20B | Fund commitments | Defense tech · India |