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 |
|---|---|---|---|---|---|
| Rivercell Rivercell builds experimental data infrastructure and AI models to predict how human cells respond to treatments. | $25M | Seed | Biotech · France | HCVC, Alven, Bpifrance Digital Venture, HV Capital (lead) | |
| Bloom Bloom connects hardware companies with manufacturing, logistics and after-sales service providers through an AI-powered marketplace. | $3.6M | Seed | Industrial tech · United States | Invest Detroit Ventures, SNAK Venture Partners (lead), Michigan Outdoor Innovation Fund, Mana Ventures, Detroit Venture Partners, Flyover Capital | |
| Teikoku Fudosan Teikoku Fudosan develops, builds and manages rental housing, providing property owners with services across the building lifecycle. | ¥500M | 77 Sustainable Order Loan | Proptech · Japan | 77 Bank | |
| Ledgebrook Ledgebrook provides specialty insurance for complex commercial risks through wholesale brokers. | $200M | Primary equity financing | Fintech · United States | Rockefeller Capital Management (lead), Allianz X (lead) | |
| Parallel Systems Parallel Systems develops autonomous battery-electric rail vehicles for shorter freight routes on existing railway infrastructure. | $100M | Series C | Logistics · United States | Cobalt Capital, Hillspire, Atlantic Vantage Point (AVP) (lead), Riot Ventures, Collaborative Fund, Anthos Capital, Agility Global, Congruent Ventures | |
| Preference Model Reinforcement-learning environments that help AI labs train models to solve tasks without exploiting flaws in the grading system. | $16M | Seed | AI · United States | Julian Schrittwieser, Dr. Fei-Fei Li, South Park Commons, Andreessen Horowitz (a16z) (lead), SignalFire, Ian Goodfellow, Scale Angel Group | |
| Sunfox Technologies Sunfox Technologies develops portable ECG devices and remote cardiac-assessment tools. | $7M | Series A | Healthtech · India | Alchemy Capital (lead), 3one4 Capital (lead), Lashit Sanghvi (lead), Ashish Kacholia (lead) | |
| Mecka Data collection, evaluation and integration infrastructure for teams training robots and deploying them in commercial environments. | $60M | Series B | Robotics · United States | Sequoia Capital (lead), Samsung, Kindred Ventures, Tony Xu, NVIDIA, Frank Slootman, Framework Ventures, Qualcomm Ventures, M12, Neo, Milan Kovac | |
| Quanfluence Quanfluence develops photonic quantum-computing hardware and software. | $10M | Undisclosed | Hardware · India | Rainmatter, Pi Ventures, Chiratae Ventures (lead) | |
| Henry Henry supplies cloud hospital software combining electronic medical records, clinical orders and insurance billing, alongside operational support for Japanese hospitals. | ¥1.2B | Venture debt and equity | Healthtech · Japan | Nagoya Bank, Fukuoka Bank, Shizuoka Bank, Hokuhoku Capital Co., Ltd., Yamanashi Chuo Bank, YMFG Capital, Joyo Bank, Ltd. | |
| Multiply Labs Multiply Labs builds robotics for manufacturing personalized medicines, helping drug makers produce individualized treatments with less manual work. | $75M | Series B | Robotics · United States | Lux Capital, Founders Fund | |
| PlannerPal PlannerPal connects client conversations, documents and CRM data to automate administration for financial advice and wealth management firms. | £4.3M | Seed | Fintech · United Kingdom | Mercia Ventures (lead), Ada Ventures | |
| East Africa Foods Connects smallholder farmers with urban food retailers through sourcing, processing and logistics. | $26M | Series B | Agritech · Tanzania | Goodwell, FMO, Africa Eats, Oikocredit, FINCA, InfraCo (lead), ARAF | |
| Zomint Zomint offers an AI-powered wealth management platform for Indian consumers seeking financial guidance and investment support. | $3.7M | Seed | Enterprise software · — | Prime Venture Partners (lead), Lightspeed (lead) | |
| byteXL byteXL works with engineering colleges to connect technical education with industry skills. | $9M | Series B | Edtech · India | Elevar Equity (lead), Kalaari Capital, Michael & Susan Dell Foundation | |
| Every WiLL Every WiLL develops parcel collection locations and consumer rewards services designed to reduce repeat deliveries in Japan. | Undisclosed | Seed | Logistics · Japan | Japan Startup Support Association, East Ventures, ON&BOARD Investment Limited Partnership | |
| MOLCURE MOLCURE combines AI molecular design, simulation and laboratory experiments to help pharmaceutical and biotechnology partners discover and improve antibody and peptide candidates. | Undisclosed | Strategic investment agreement | Biotech · Japan | ITOCHU Corporation | |
| Mobge Games Mobge Games develops mobile games, including action-adventure title Oddmar. | Undisclosed | Undisclosed | Media & gaming · Turkey | Joygrid Ventures | |
| DeepFacts DeepFacts develops wearable patient monitors and a software platform that helps clinicians follow vital signs in hospitals and at home. | ~₹2.5M | NIDHI Seed Support (CCPS) | Healthtech · India | G H Raisoni Technology Business Incubator Foundation | |
| Siena AI customer service and commerce agents that share context across a consumer brand’s customer relationships. | $17M | Series A | AI · United States | York IE (lead) | |
| niubiq niubiq analyses sales conversations and customer interactions to help businesses understand why leads convert or fall out of the sales process. | €410K | Funding round | Enterprise software · Spain | Angels Capital (lead), Elephant Capital, Club de Inversión Órbita | |
| Nettle AI workspace helping commercial insurers assess physical risk and prepare inspection reports. | $4.8M | Seed | Fintech · United Kingdom | Portfolio Ventures, MTech Capital (lead), Sure Valley Ventures Fund II, Project A, Ventures Together | |
| Archeon Medical Archeon Medical develops ventilation feedback devices that help emergency responders measure and adjust manual ventilation during resuscitation. | $9M | Series A | Healthtech · France | OSER BFC, Majycc Innovation Santé, Karot Capital, Eiffel Investment Group, HEKA (lead) | |
| Kinetic Age Kinetic Age provides coordinated home-based care for older adults, combining physiotherapy, fitness, nutrition, emotional wellbeing and doctor-led reviews. | ~$250K | Funding | Healthtech · India | ajvc (lead), Agrasar Ventures (lead) | |
| Tab Tab is a personal AI assistant that carries out tasks through iMessage and WhatsApp, including calls, bookings and purchases. | Undisclosed | Undisclosed | AI · United States | SV Angel, Valar Ventures, American Spirit | |
| Raycura Medical Technologies Raycura Medical Technologies develops orthopaedic implants and physiotherapy devices, including a wireless implant for limb lengthening. | ~₹2.5M | NIDHI Seed Support (CCPS) | Healthtech · India | G H Raisoni Technology Business Incubator Foundation | |
| Spiko Tokenized money-market infrastructure that gives businesses and investors access to cash yield. | $90M | Series B | Fintech · United Kingdom | New Enterprise Associates (lead), Nik Storonsky, Bpifrance, Blockwall, Frst, Wintermute, Speedinvest, Index Ventures, Shapers, Flourish Ventures, Mirana Ventures | |
| Melius Melius gives creative teams a shared workspace where AI agents produce images, video and audio, taking on repetitive production work so people can focus on concepts and creative direction. | $5M | Seed | AI · United States | General Catalyst (lead) | |
| Finches Bavarian company providing early warnings about agricultural supply risks. | €2M | Pre-seed | Agritech · Germany | High-Tech Gründerfonds (lead), Bayern Kapital, Vanagon Ventures (lead), UnternehmerTUM Funding for Innovators | |
| Indemni Indemni combines freight data, risk management and insurance tools to help cargo businesses identify fraud and protect shipments. | $4M | Seed | Logistics · United States | Diagram Ventures, Field Ventures |