Weekly · Monday, Oct 26 – Sunday, Nov 1, 2026

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 financing

29 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 financing

26 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 financing

The three financing records

Sources

  1. furiosa.ai ↗
  2. prnewswire.com ↗
  3. nominal.io ↗

All rounds in this edition

All funding rounds in this edition
CompanyAmountRoundSector · countryInvestorsDate
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 20MFunding roundLogistics · SwedenScania Growth Capital
LuxSilicon

LuxSilicon designs silicon-photonics chips and optical engines that connect computing hardware in data centres and high-performance computing systems.

UndisclosedSecond of two disclosed roundsHardware · ChinaChina 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.

€600KFunding roundHealthtech · ItalySIxS
NCC

NCC develops AI inference chips that integrate computing with memory to reduce data movement and power consumption.

>CN¥1BSeries C2Hardware · ChinaJIC Investment Co., Ltd. (lead)
Autofixer

Autofixer runs an online car-parts marketplace that helps drivers identify compatible components.

€3MVenture debtEcommerce · PolandOrbit Capital
Zorit

Zorit helps independent Indian retailers restock footwear and apparel through a factory-to-shop wholesale network.

~₹270MUndisclosedEcommerce · IndiaSparrow 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.

UndisclosedStrategic investmentFintech · JapanITOCHU 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.

UndisclosedSeries B final closeEdtech · JapanColopl 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.

$100MSeries ARobotics · United StatesSE 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.

$1.3MSeedMedia & gaming · India3one4 Capital (lead), Stellaris Venture Partners (lead), Antler (lead)
MineMind

MineMind develops AI agents that automate geology and mine-planning work inside existing mining software.

$1MAngel financingAI · BrazilNicholas Fogarty, Mauro Sérvulo Delgado Santos, Francisco Bittencourt, Edson Ribeiro
Samplix

Samplix develops microfluidic tools for functional single-cell screening.

€3MNew capital alongside bond conversionsBiotech · DenmarkWLanholding GmbH (lead)
General Compute

General Compute builds AI inference infrastructure using a mix of GPUs and specialised accelerator chips.

$100MSeries AAI · United StatesBlackbird Ventures (lead), Abstract Ventures (lead)
Tendos

Tendos develops AI agents that automate sales administration for building materials manufacturers.

€12MSeedAI · GermanyStephan Tahy, Insight Partners (lead)
Rotoris

Rotoris designs and sells watches in limited, numbered collections.

₹700MSeries AConsumer · IndiaBlume 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.

UndisclosedReported venture investmentAI · United KingdomCreandum, 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.

¥110MApproved preferred share issuanceFoodtech · JapanINSPiRE Mutualistic Symbiosis Fund 1
Infisical

Infisical provides security infrastructure for managing secrets, certificates and privileged access across software systems.

$40MSeries BCybersecurity · United StatesGallery 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.

$45MSeries AFintech · United StatesB 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.

€40MVenture debtHealthtech · SpainEuropean Investment Bank
Soufu Keji

Soufu Keji develops Qianyue customer service software for businesses managing enquiries across digital channels.

CN¥360MAngelEnterprise software · ChinaGP Capital (lead)
Cortas

Cortas manages property portfolios for owners through a specialist operating team and its own software platform.

€1.5MPre-seedProptech · DenmarkPSV 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.

UndisclosedStrategic investmentBusiness services · JapanIAIC
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.

€220KCapital increaseEnterprise software · Spain
Machenta

Machenta develops AI models that help robots learn physical tasks from demonstrations.

$40MSeedRobotics · United KingdomCreandum (lead), Union Square Ventures (lead)
Querio

Querio provides AI analytics tools built around shared business definitions that data teams can review and maintain.

UndisclosedSeed financingEnterprise software · United KingdomAraya 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.

$2.1BUndisclosedIndustrial tech · United StatesGeneral 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.

$100MUndisclosedEnterprise software · United StatesZero 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.

$2.5MPreviously undisclosed pre-seedBiotech · SwitzerlandLEA Partners (lead), First Momentum Ventures (lead)
Troovy

Troovy makes packaged snacks and foods for children and families in India.

₹1BSeries BFoodtech · IndiaSharrp Ventures (lead), Fireside Ventures (lead)