Weekly · Monday, Oct 19 – Sunday, Oct 25, 2026

Weekly funding picks, 19–25 October: banking AI, machine monitoring and code validation

Picks for 19–25 October: Upstage’s ₩40bn first tranche, Tractian’s $130m industrial-monitoring round and Greptile’s $50m for code validation.

Jeonbuk Bank, Kwangju Bank and JB Woori Capital signed a ₩40 billion investment agreement with Upstage on October 20, securing an approximately 2% stake for JB Financial Group. This is the first tranche of its Series C-2, with further investment planned. The partners intend to develop financial-services AI agents and automate document processing and reviews.

Upstage financing

22 October · Tractian raises $130m for industrial monitoring

Tractian announced a $130 million Series D on October 22 led by Sapphire Ventures and co-led by M&G Catalyst, at a $1.4 billion valuation. The company combines field sensors with AI to monitor critical industrial equipment. Its platform brings vibration, ultrasound, current and temperature signals into a unified view for maintenance teams.

Tractian financing

19 October · Greptile raises $50m for code validation

Menlo Ventures led Greptile’s $50 million Series B announced on October 19 at a $750 million valuation. The company develops automated review and testing for software changes. Greptile says it reviews and tests more than 1% of GitHub pull requests daily, acting as an independent validation layer for teams using multiple coding agents.

Greptile financing

The three financing records

Sources

  1. jbfg.com ↗
  2. tractian.com ↗
  3. greptile.com ↗

All rounds in this edition

All funding rounds in this edition
CompanyAmountRoundSector · countryInvestorsDate
Lingyan Technology

Lingyan Technology builds expressive robotic faces that synchronise speech, lip movement and eye motion.

UndisclosedSeedRobotics · China浙江火炬中心, 盈动资本
ARCHIVESTOCK

A Japanese resale marketplace for luxury, designer and vintage fashion.

UndisclosedUndisclosedEcommerce · JapanSazaby League
SpaceX

SpaceX builds launch vehicles, satellite communications systems and AI infrastructure.

$40BGPU debt financingAI · United States
Lingyan Technology

Lingyan Technology builds expressive robotic faces that synchronise speech, lip movement and eye motion.

UndisclosedSeed+Robotics · China领甪资本, 盈动资本, Addor Capital, Plum Ventures
Ghanem

Ghanem is a Saudi proptech platform that lets individuals and institutions invest in fractional ownership of income-generating real estate.

$1.5MPre-seed extensionProptech · Saudi Arabia
HEARTBEATS, Inc.

A fan-engagement company creating digital trading-card experiences for sports teams and entertainment properties.

¥1.3BDebt financingMedia & gaming · JapanResona Bank, Ltd., Shoko Chukin Bank, Mizuho Bank, Ltd., MUFG Bank, Japan Finance Corporation
Fairy Devices

Tokyo company developing wearable devices and remote-assistance software for industrial field workers.

UndisclosedJICN equity investmentIndustrial tech · JapanJapan Green Investment Corp. for Carbon Neutrality (JICN)
Number Nine

Number Nine develops and publishes original manga and webtoons, supporting creators and international distribution.

UndisclosedAdditional strategic investmentMedia & gaming · JapanLINE Digital Frontier
Concretene

Concretene develops graphene-based concrete admixtures designed to reduce the cement needed in construction mixes. The Manchester business is scaling manufacturing and trials with industrial partners.

£4.5MSeries A first closeClimate tech · United KingdomNPIF II - PXN Equity Finance, LocalGlobe, Molten Ventures
Strella Biotechnology

Produce-quality sensors and software that guide storage, ripening and distribution.

$4.3MSeries A extensionAgritech · United StatesBeta Milouot, LeVert Ventures, Peakbridge, SilverBlue (lead)
Knowledge Work

Tokyo software company developing sales AI agents, an agent operating platform and consulting services for enterprise sales teams.

¥4.8BSeries C debt second closeAI · JapanFukuoka Bank, Shizuoka Bank, Shoko Chukin Bank, Mizuho Bank, Ltd., MUFG Bank, Sumitomo Mitsui Trust Bank, Sumitomo Mitsui Banking
Intuitivo

Intuitivo provides digital assessment software for teachers and educational institutions.

€1.4MSeedEdtech · PortugalCOREangels Lisboa, Impact Innovation Fund (lead), Caixa Capital (lead), Angels Way, Techstars, COREangels Porto
Pathos AI

Clinical-stage drug developer using AI to select therapeutic assets and guide oncology trials.

$237MSeries EBiotech · United StatesBristol Myers Squibb (lead)
SpectraGaze Systems

SpectraGaze Systems develops optical sensors and electro-optical payloads for space and defence applications.

₹37MSeedSpace tech · IndiaGVFL (lead)
Paar Autonomy

Paar Autonomy develops AI camera payloads and navigation technology for unmanned systems operating across air, land and maritime environments.

₹100MFunding roundDefense tech · IndiaAdvantEdge Founders (lead)
Yizhu Technology

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

>CN¥1BUndisclosedHardware · China
Star Therapeutics

Biotechnology company discovering and developing antibody therapies for diseases with significant unmet need.

$200MPrivate financingBiotech · United StatesOrbiMed (lead), Janus Henderson Investors (lead)
Guoke Brain-Computer

Beijing startup developing non-invasive wearable brain-computer interfaces that combine brain-signal detection, decoding and neural modulation.

UndisclosedSeedHealthtech · ChinaGuoke Venture Capital (lead), Houtian Capital, Wanfang Capital
Warhound

Warhound develops working dogs for military, law-enforcement and emergency-response teams.

$200MSeedDefense tech · United StatesRobert Nelsen, In-Q-Tel, Sequoia Capital, Lux Capital, US Innovative Technology Fund (USIT), 8VC, ARK Invest, Franklin Templeton, Builders VC, CAZ Investments, Breyer Capital, Neogenesis
iCUREX

Kagoshima medical-device company developing chitosan hydrogel materials for wound care, including the syringe-delivered Kitosla CX dressing.

¥140MSeries A first close: equity and debtHealthtech · JapanINDEP, Green Core, NCB Venture Capital (lead), Japan Finance Corporation
Wictory.ai

Wictory.ai brings athlete performance, recovery and nutrition data into coaching workflows.

UndisclosedAngel investmentHealthtech · AustriaLukas Mähr
Enact Intelligence

Enact Intelligence develops robot intelligence that uses force and touch to improve physical manipulation.

$30MPre-seedRobotics · SwitzerlandAndrew Lonsberry, Notion Capital, Thomas Wolf, firstminute capital, Yann LeCun, Arthur Mensch, Redalpine
Phononic Vibes

Phononic Vibes designs and manufactures acoustic metamaterial products that reduce noise and vibration in transport, buildings and industrial infrastructure.

UndisclosedFinancing transaction including secondary share purchaseIndustrial tech · ItalyJolt Capital V (lead), SIMEST, CDP Venture Capital, Eureka Venture SGR
EVASIVE Robotics

EVASIVE Robotics develops EvaLib, motion-planning software that coordinates multiple industrial robots in a shared workspace across different manufacturers and robot types.

>€2.1MPre-seedRobotics · GermanyXISTA Science Ventures, Vanagon Ventures, Robin Capital, Nucleus Capital (lead)
Marrow

Marrow provides infrastructure that connects AI agents with insurers’ pricing, policy and servicing systems.

$2MPre-seedFintech · United KingdomSeed X, Insurtech Gateway (lead), Leo Capital, Portfolio Ventures
Harajuku Tokyo Café

Harajuku Tokyo Café operates Japanese restaurants and bakehouses in India.

$3MPre-Series AConsumer · IndiaIndian Angel Network, Brijesh Parekh Family Office, Rahul Jain, Blume Founders Fund, Zero W (lead), Samved VC
Coast

Coast combines payment cards, expense controls and bill payments for businesses with fleets and field teams.

$35MUndisclosedFintech · United StatesIntuit Ventures, ICONIQ Growth, Colle Capital, Better Tomorrow Ventures, The Fintech Fund, Alpha Square Group, Accel, Insight Partners, Avid Ventures, RXR Arden Digital Ventures, Vintage Investment Partners, Small World Capital, Thomvest Ventures (lead), Synchrony Ventures
Maxinsights

Maxinsights supplies human activity datasets for training robotics and physical AI models.

$30MSeed roundRobotics · United StatesSouth Park Commons, Tola Capital, Alumni Ventures, Peak XV Partners (lead), INCE Capital
Nirva

Consumer technology company developing AI-enabled jewellery for automatic journaling and personal reflection.

$25MPre-Series AHardware · United States
Karta AI

Karta AI develops voice agents for customer operations at banks, lenders, fintech companies and insurers.

$3MSeedAI · IndiaCedar Hill Capital (lead), Seedstars, CDM Capital, Wyser, PeerCapital (lead)