Midu Daily · Friday, Oct 16, 2026
MIDU
Ramp raises $1.85B at $60B valuation as it pushes deeper into AI
Ramp raised $1.85 billion in a round co-led by Dragoneer, Thrive Capital, Founders Fund.
AI
Ahead of IPO, Anthropic says Q3 revenue rose 45% to $16.8B
Anthropic told investors at a private meeting that its third-quarter revenue reached $16.8 billion.
Evos raises $9M pre-seed to run AI operators inside existing business systems
Evos raised $9M in pre-seed funding co-led by Uncork Capital and Field Ventures.
Fintech
Stand raises $70M Series C at $1B valuation to price wildfire risk with digital twins
Stand, a San Francisco home insurer, raised a $70 million Series C at a $1 billion valuation led by Saga Ventures.
Dougs raises €50M from Expedition Growth Capital to automate accounting with AI agents
Dougs raised €50M from Expedition Growth Capital to have AI agents prepare client accounts for chartered accountants to review and sign. The bootstrapped French firm reports €52.2M turnover, over 50,000 clients and 80% gross margins, and plans a 300-person master franchise starting in early 2027.
Chariot Claims raises $10M Series A led by Silverton Partners to scale consumer mass-arbitration claims
Chariot Claims raised a $10 million Series A led by Silverton Partners, with Indicator Ventures.
Enterprise Software
Proofpoint to buy Varonis for $6.3B in cash
Thoma Bravo-owned Proofpoint agreed to acquire data security company Varonis for about $6.3 billion in cash.
Cybersecurity Startups Raise $6.8B in Q3 2026 as AI Security Rounds Grow
Global cybersecurity and privacy startups raised $6.8 billion in Q3 2026, up about 50% from the prior quarter and tied for the highest quarterly total in years.
Healthcare
Abby Care raises $82M Series C led by Transformation Capital to pay family caregivers
Abby Care, an AI-native home care startup that trains family members to become certified.
Climate/Energy
Skeleton Technologies hits $1B+ valuation in Siemens-led round
Siemens led a nine-digit investment that lifted Estonia's Skeleton Technologies above a $1 billion valuation.
News Flash
- Rabot Energy raises $50M Series B led by Endeit Capital for virtual power plantTech Funding News
- Revolut and Vinted backer Sprints closes €725M fund after Fin exitTech Funding News
- Vinci raises $250M Series B to speed chip design with physics-driven AISiliconANGLE
- Pantera Capital-backed Fission raises $10M Series A to speed exits from tokenized fundsFortune Term Sheet
- Spacemaker alumni raise $6.3M from Seedcamp for AI engineering firm SolveraTech Funding News
- Holyvolt raises $45M to develop battery chemistries outside China's supply chainFortune Term Sheet