- Otter Health raises $8M to measure care beyond prior authorization
Keith Florance's new venture pairs real-time clinical reviews with payer-provider feedback; Fika Ventures and Evidenced co-led the seed round.
- Mueon raises $65M to validate modular AI data center systems
Maverick Silicon led the round, with Intel Capital, Geodesic Alliances Fund, Oregon Venture Fund, M-Ventures, Wellington Capital, IQT and Defined participating. Mueon plans to move Cubelets toward system validation and production readiness.
- Matters raises $5M to build an AI-native consumer bank
Founder Per Osterstrom is bringing his experience building Swedish fintech Sambla to a subscription bank that says it will return interchange and FX fees to customers.
- CoreWeave bonds yield above 15% as investors reassess its AI debt
A selloff on October 14th put a market price on credit concerns. Financial Times reporting says CoreWeave secured more than $35 billion in financing this year, while debt and lease obligations totaled about $52 billion at June's end.
- Minicor raises $3.8M to turn legacy desktop software into APIs
Faizaan Chishtie and Saheed Akinbile are pitching desktop automation as an integration layer for AI products blocked by systems without usable APIs.
- Kairos Power lines up $643M for Tennessee reactor, including $275M from DOE
Co-founder Mike Laufer's package combines private investment from GV, DCVC and Samsung C&T with federal financing for Kairos' Oak Ridge demonstration program.
- Modal raises $750M at a $15.75B valuation as run rate tops $1B
The round, led by Accel, follows a $355M Series C in May; Modal says usage has tripled since then and its Sandboxes product has a $300M run rate.
- Othello raises $8M to put AI coaching inside live sales calls
Jared Zelman's startup says its models respond in under 500 milliseconds and counts Microsoft, Capital One and Lyft among its customers.
- Sonilo raises $11M to make video itself the prompt for AI music
Sonilo's TikTok veterans Shawn Song, Alex Yin and Keli Li are building video-conditioned music and sound effects, with B Capital leading and Redpoint participating.
- Zaria raises $5.2M as it seeks an OCC trust-bank charter
CEO Emily Barron founded Zaria after struggling to find a backup servicer for crypto-backed loans; the proposed bank charter remains pending.
- Zenzap raises $44M to bring AI agents into frontline work chat
Zenzap founder Guy Weiss bootstrapped the workplace messenger after a prior startup exit; Bessemer, Lightspeed and other investors are backing its push beyond personal messaging apps.
- Salience Labs raises $125M to scale optical switches for AI data centers
Salience Labs CEO Vaysh Kewada is taking the Oxford spinout's photonics from a 64-port demo toward volume manufacturing, six weeks after iPronics raised the same amount.
- Confido Health raises $12.5M to make clinic systems do more than store data
The Z47-led extension brings Confido's Series A to $22.5M as co-founder Chetan Reddy expands beyond voice agents into multi-site practice operations.
- Othello raises $8M to coach sales reps while buyers are still on the line
Jared Zelman says struggling to sell Cicero to enterprise customers gave him the idea; a16z Speedrun and Owl Capital led the seed round.
- Scimplify raises $25M to build chemical supply chains beyond India
Scimplify co-founder Sachin Santhosh says the company will spend $7.5M on U.S. expansion as it builds production networks in the U.S. and Japan.
- DayOne expands Johor financing to $7.2B as income-generating capacity tops 1GW
DayOne says its Malaysia financing now totals about $7.2B, supporting a Johor buildout backed by customer contracts and a seven-bank consortium.
- Industrial Next partners with BMW to test AI-powered factory robots
BMW Group Technology Office will evaluate Industrial Next's dexterous-manipulation systems for manufacturing. Industrial Next says its stations are in production, but its smartphone customer and deployment scale remain undisclosed.
- Mogul raises $15.5M to automate its residential property pipeline
Mogul says AI cut supply-side work per property from 18 hours to two; Draper Associates led its $15.5M Series A at a $126M valuation.
- Scanntech lands $180 million to expand its retail data network
L Catterton led the Series F, with Partners Group joining as co-lead; a separate report says roughly half the deal is secondary share sales.
- Clueso raises $10M to automate business video production
The round brings total funding to $12M, with Dharana Capital leading and more than 80% of the new capital coming from existing investors, Clueso says.
- Causa Prima raises $20M to automate finance handoffs between companies
Fortune and Tech.eu reported the seed round on October 13th; it closed in September and brings Causa Prima's reported funding to $30M. Base10 Partners led the financing, which will support US expansion and a planned New York office.
- Undecimal raises $18M to move siRNA delivery beyond the liver
Co-founded by Yaniv Erlich and Shaul Ilan, the Eleven Therapeutics spinout will use the round to advance its DELiveri platform and renovascular programs.
- Ubitium raises $14M to put sensing, AI and control on one chip
Ubitium, founded by Hyun Shin Cho and processor veteran Martin Vorbach, says its new seed round will move its reconfigurable design toward commercial use.
- DayOne secures $3.7B in debt for its Johor data center buildout
CEO Jamie Khoo is scaling a platform that reported $512 million in first-half revenue and $4.9 billion in outstanding debt before the new facility.