Weekly funding picks, 26 October–1 November: chips, GPU loans and aircraft testing
Three deals from 26 October–1 November: FuriosaAI’s $620m Series D, NexGen Cloud’s $106m GPU loan and Nominal’s $41.2m government funding selection.
FuriosaAI announced a $620 million Series D on October 28 at a $2.9 billion post-money valuation. Its RNGD inference accelerator is in mass production. The company plans 20,000 cards in 2026 and says it has secured memory and fabrication capacity to more than double that volume in 2027. The financing supports enterprise deployment and future products.
FuriosaAI financing29 October · NexGen Cloud closes a $106m GPU loan
USD.AI led a four-year, $106 million senior secured term loan for NexGen Cloud, announced on October 29. It finances 216 NVIDIA HGX B300 servers, comprising 1,728 GPUs, in Finland. The lender says the capacity is contracted under a take-or-pay agreement. Escrow funding is aligned with server shipment, expected in the fourth quarter of 2026.
NexGen Cloud financing26 October · Nominal selected for $41.2m in government funding
Nominal announced selection on October 26 for a $71.2 million STRATFI package comprising $41.2 million of government funding and $30 million of private matching capital. The government component is shown in the linked round. The package supports software that captures, organises and analyses aircraft testing and telemetry data across Air Force and Navy programmes.
Nominal financingThe three financing records
Sources
All rounds in this edition
| Company | Amount | Round | Sector · country | Investors | Date |
|---|---|---|---|---|---|
| SiB Solutions SiB Solutions provides intelligent video services that help logistics teams see how goods move through warehouses and transport operations, identify handling errors and resolve claims. | SEK 20M | Funding round | Logistics · Sweden | Scania Growth Capital | |
| LuxSilicon LuxSilicon designs silicon-photonics chips and optical engines that connect computing hardware in data centres and high-performance computing systems. | Undisclosed | Second of two disclosed rounds | Hardware · China | China Fortune-Tech Capital, Luminous Ventures (lead), Longqiu Capital (lead) | |
| Magic Vision Magic Vision develops AI monitoring technology that helps care providers and families respond to falls and changes in daily activity. | €600K | Funding round | Healthtech · Italy | SIxS | |
| NCC NCC develops AI inference chips that integrate computing with memory to reduce data movement and power consumption. | >CN¥1B | Series C2 | Hardware · China | JIC Investment Co., Ltd. (lead) | |
| Autofixer Autofixer runs an online car-parts marketplace that helps drivers identify compatible components. | €3M | Venture debt | Ecommerce · Poland | Orbit Capital | |
| Zorit Zorit helps independent Indian retailers restock footwear and apparel through a factory-to-shop wholesale network. | ~₹270M | Undisclosed | Ecommerce · India | Sparrow Capital (lead), Anupam Mittal, Sarthak Misra, Better Capital, Startup Investments (Holding) Limited, Mohit Sardana, WaterBridge Ventures | |
| Capitalship Capitalship is the Tokyo holding company behind Smart Technologies & Resources, whose SmartDetax and JPrefund services help Japanese retailers handle tax-free sales and consumption-tax refunds for overseas visitors. | Undisclosed | Strategic investment | Fintech · Japan | ITOCHU Corporation, En Growth Fund 2 L.P., Mercuria Holdings, En Growth Fund 1 L.P. | |
| Gecipe Gecipe provides immersive language education through esports and online games. | Undisclosed | Series B final close | Edtech · Japan | Colopl Next, Resona Bank, Ltd., Kyoto Capital Partners, SBI Okasan Alternative Investment Co., Ltd., Japan Venture Capital Co., Ltd., Japan Finance Corporation | |
| Foundry Robotics Foundry Robotics operates factories that assemble complex hardware for commercial and defence customers. | $100M | Series A | Robotics · United States | SE Ventures, Marlinspike (lead), Red Glass Ventures, Axiom Ventures, Khosla Ventures, Zero Shot Fund, Hanabi, Wing VC | |
| dubdub dubdub makes a swipe-based trivia and puzzle app with short challenges tailored to players’ interests. | $1.3M | Seed | Media & gaming · India | 3one4 Capital (lead), Stellaris Venture Partners (lead), Antler (lead) | |
| MineMind MineMind develops AI agents that automate geology and mine-planning work inside existing mining software. | $1M | Angel financing | AI · Brazil | Nicholas Fogarty, Mauro Sérvulo Delgado Santos, Francisco Bittencourt, Edson Ribeiro | |
| Samplix Samplix develops microfluidic tools for functional single-cell screening. | €3M | New capital alongside bond conversions | Biotech · Denmark | WLanholding GmbH (lead) | |
| General Compute General Compute builds AI inference infrastructure using a mix of GPUs and specialised accelerator chips. | $100M | Series A | AI · United States | Blackbird Ventures (lead), Abstract Ventures (lead) | |
| Tendos Tendos develops AI agents that automate sales administration for building materials manufacturers. | €12M | Seed | AI · Germany | Stephan Tahy, Insight Partners (lead) | |
| Rotoris Rotoris designs and sells watches in limited, numbered collections. | ₹700M | Series A | Consumer · India | Blume Ventures (lead), Adhiraj Burman, Centricity, Rannvijay Singha, Atul Singh, 100Unicorns, Diwakar Goel | |
| 22one 22one is a London-based startup developing AI tools for law-enforcement work. | Undisclosed | Reported venture investment | AI · United Kingdom | Creandum, Sequoia Capital, Lux Capital, General Catalyst | |
| Brewtope Brewtope connects Japanese craft breweries with consumers, retailers and corporate buyers through subscriptions, wholesale distribution and brewery support. | ¥110M | Approved preferred share issuance | Foodtech · Japan | INSPiRE Mutualistic Symbiosis Fund 1 | |
| Infisical Infisical provides security infrastructure for managing secrets, certificates and privileged access across software systems. | $40M | Series B | Cybersecurity · United States | Gallery Ventures, Dynamic Capital, Elad Gil (lead), Pace Capital, Gradient Ventures, Y Combinator (YC) | |
| Hyphenate Hyphenate develops AI agents that automate finance operations across accounting, cash management and financial reporting. | $45M | Series A | Fintech · United States | B Capital, BoldCap, Gaia Ventures, Foundation Capital, Nexus Venture Partners (lead) | |
| Impress Impress provides clear-aligner orthodontic treatment through its own clinics, combining in-person diagnosis with digital treatment planning and remote monitoring. | €40M | Venture debt | Healthtech · Spain | European Investment Bank | |
| Soufu Keji Soufu Keji develops Qianyue customer service software for businesses managing enquiries across digital channels. | CN¥360M | Angel | Enterprise software · China | GP Capital (lead) | |
| Cortas Cortas manages property portfolios for owners through a specialist operating team and its own software platform. | €1.5M | Pre-seed | Proptech · Denmark | PSV Tech (lead), JRNY Capital, EIFO | |
| WARC WARC provides accounting, finance and governance support to companies, combining hands-on consulting and outsourced operations with internal-control software. | Undisclosed | Strategic investment | Business services · Japan | IAIC | |
| OmniWallet OmniWallet provides loyalty and customer-data software that connects physical and digital purchases, helping brands recognise customers and run rewards and marketing programmes across channels. | €220K | Capital increase | Enterprise software · Spain | ||
| Machenta Machenta develops AI models that help robots learn physical tasks from demonstrations. | $40M | Seed | Robotics · United Kingdom | Creandum (lead), Union Square Ventures (lead) | |
| Querio Querio provides AI analytics tools built around shared business definitions that data teams can review and maintain. | Undisclosed | Seed financing | Enterprise software · United Kingdom | Araya Ventures, Forum Ventures, Haatch, Secways, Launch, BMW i Ventures (lead) | |
| Re:Build Re:Build designs, engineers and manufactures industrial products in the United States and helps founding teams build manufacturing businesses. | $2.1B | Undisclosed | Industrial tech · United States | General Catalyst (lead), JPMorganChase Strategic Investment Group (lead) | |
| Hex Hex provides a collaborative analytics platform where data teams and AI agents build, explore and share data products. | $100M | Undisclosed | Enterprise software · United States | Zero Prime Ventures, Amplify Partners, Redpoint Ventures, Sequoia Capital, Avra, Andreessen Horowitz (a16z), 137 Ventures (lead), Peak XV Partners (lead) | |
| Atlas Bio Atlas Bio develops AI models that simulate patient responses to help biopharma teams assess drug development decisions. | $2.5M | Previously undisclosed pre-seed | Biotech · Switzerland | LEA Partners (lead), First Momentum Ventures (lead) | |
| Troovy Troovy makes packaged snacks and foods for children and families in India. | ₹1B | Series B | Foodtech · India | Sharrp Ventures (lead), Fireside Ventures (lead) |