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
Finbee Verslui

Finbee Verslui provides working capital and business loans to small and medium-sized companies in Lithuania.

€20MSenior secured credit facility extensionFintech · LithuaniaPollen Street Capital
Onto

A hotel booking platform that monitors eligible reservations and refunds subsequent price drops.

$1MPre-seedTravel tech · IndiaWhite Venture Capital, Stargazer Fund (lead)
Hyperlayer

Hyperlayer provides banking software that lets financial institutions launch services while retaining their existing core systems.

£19.5MSeries A2Fintech · United KingdomFlintlock Capital (lead), Susquehanna Private Equity Investments, Mouro Capital
Today AI

Today AI develops a personal assistant that uses memory and context to help users organise information and complete tasks.

UndisclosedSeries AAI · ChinaTranssion Holdings
ugo

ugo develops service robots and software for security patrols, inspections and other work in physical environments.

¥1BDebt financingRobotics · JapanBank of Yokohama, Mizuho Bank, Ltd., Japan Finance Corporation
Arda Industries

AI software that turns product designs into assembly plans and keeps manufacturing lines current as designs change.

$72MPreviously undisclosed seedIndustrial tech · United StatesKhosla Ventures, Founders Fund (lead), Accel (lead), XYZ Venture Capital
Reliable Robotics

Reliable Robotics develops aircraft automation systems for commercial and defense aviation.

$115MSeries D extensionMobility · United StatesNimble Partners (lead), Gideon Strategic Partners, Silicon Valley Bank, Gold Hill Capital, Sparkwave Capital, Geek Ventures, RockCreek
Eka Robotics

Eka Robotics develops force-aware robotic manipulation using a Vision-Force-Action model and integrated sensing hardware.

$150MSeries ARobotics · United StatesF-Prime (lead), Andreessen Horowitz (a16z) (lead)
AuxoAI

Enterprise AI delivery that combines embedded engineering teams with a workbench for business context and workflows.

$20.7MSeries AEnterprise software · United StatesGiacomo Sonnino, George Still Jr., NTTVC (lead), Amit Zavery
Kinish

Rice-based dairy alternatives and plant molecular-farming technology.

¥490MSeries A first closeFoodtech · JapanINSPiRE Mutualistic Symbiosis Fund 1, Obayashi Corporation, Love Veggies Holding Ltd., Shimadzu Future Innovation Fund
Sunnies

Sunnies develops Privaco, a password, access and AI workforce governance platform.

¥50MSeedCybersecurity · JapanHiroshima Venture Capital Co., Ltd., HAKOBUNE
InhalPlus

InhalPlus develops an inhaled drug-delivery system for premature babies receiving breathing support, aiming to deliver more of a medicine to the lungs.

€500KPre-seedHealthtech · GermanyNBank Capital
Plinto

AI agents that check financial transactions and coordinate corrections across business systems.

€2.9MPre-seedEnterprise software · DenmarkEmblem, People Ventures
Ganiga

Computer vision and robotic systems that help operators measure and reduce waste.

€1.5MUndisclosedClimate tech · ItalyVivenda (lead), NextSTEP
Kansai Your Innovation Partner

Kansai Your Innovation Partner supports eco-plastic product development and factory automation.

UndisclosedInvestmentIndustrial tech · JapanOsaka Regional Revitalisation Fund
Arda Industries

AI software that turns product designs into assembly plans and keeps manufacturing lines current as designs change.

$160MSeries AIndustrial tech · United StatesSV Angel, Khosla Ventures (lead), 8VC, Accel (lead), Felicis, XYZ Venture Capital, Altimeter (lead)
Leasingim

Leasingim helps businesses arrange machinery and equipment leasing through one digital application.

UndisclosedEquity investmentFintech · TürkiyeInsha Venture Capital Investment Fund
Electric Plant

Builds sensors and AI models that turn plants’ electrical signals into guidance for growers and tree-care operators.

$11.2MSeedAgritech · United StatesOnto Ventures (lead), Endeavor Catalyst, Climactic (lead), Michigan Rise, Ponderosa Ventures, Schox VC, Ludlow Ventures, Dug Song, Everywhere Ventures
Baba

Coordinates healthcare for Medicare members through dedicated advocates and licensed therapists supported by specialized AI.

$40MSeries AHealthtech · United StatesCVS Health Ventures, FirstMark (lead), Genius Ventures, Ground Up Ventures, Valtruis, General Catalyst
Welby Healthcare Solutions

Welby Healthcare Solutions develops personal health record services and partnerships for lifestyle-disease prevention and care.

UndisclosedPlanned strategic equity investmentHealthtech · JapanTISI
Otter.ai

Otter.ai provides AI meeting transcription, searchable conversation knowledge and workflow assistance for teams.

$320MNon-dilutive growth financingEnterprise software · United StatesGeneral Catalyst's Customer Value Fund (CVF)
Helicon

Automates carbon-fiber textile handling to produce composite parts for drones and other unmanned systems.

$16.5MSeedDefense tech · United StatesJan Ebbinghaus, Tim Sadler, Transpose Platform, Buckley Ventures, Shyamal Hitesh Anadkat, Eileen Tanghal, Chalfen Ventures, Oliver Åstrand, Hugh Zabriskie, AlleyCorp (lead), Jeffrey Pfeffer, Pablo Palafox, Entrepreneurs First, Lucas Vaz, Jonathan Low, Charlie Songhurst, Gokul Rajaram, Dafydd Foster Davis, Fredrik Hjelm, Charles Calzia
Emerald

Preventive healthcare combining blood testing, a health-data platform and GP support.

£1.4MGrant and venture fundingHealthtech · United KingdomHighgoal, Sequel, Innovate UK
ASI

AI software for predicting and coordinating operations across aviation, energy grids and national security.

$325MSeries CAI · United StatesEnergy Impact Partners, Meritech Capital, Andreessen Horowitz (a16z), Craft Ventures, Spark Capital (lead)
ArtMaster

ArtMaster develops music-learning products, including the Artie app that gives piano learners feedback while they practise.

$2.4MSeedEdtech · Czech RepublicGrant Davis, Eliska Vorel, Nir Zicherman, Factorial Capital, Moises, Reflex Capital
CapQuest

CapQuest provides equity management software for cap tables, employee share plans, vesting and investor relations.

$1MPre-seedFintech · United Arab EmiratesOraseya Capital (lead), AMKM Family Office (lead)
Lumilab

Lumilab uses AI agents and shared operational data to help teams run energy infrastructure.

UndisclosedPre-seedClimate tech · DenmarkGiant Ventures (lead), Thomas Skov Reunert, Tommy Ahlers, Nicolaj Reffstrup
Different

Runs AI demand generation for lean B2B marketing teams, connecting campaign planning, content, channel execution and optimization.

$48MSeedEnterprise software · United StatesLightspeed, General Catalyst (lead)
TimeLeap

TimeLeap provides RURA, a remote customer-service system for businesses operating multiple physical locations.

UndisclosedSigned capital and business allianceEnterprise software · Japan
Databuddy Analytics

Databuddy Analytics provides product analytics and an AI analyst that helps software teams investigate conversion drops, errors and customer friction.

$500KSeedEnterprise software · United StatesY Combinator (YC)