Midu Daily · Saturday, Oct 17, 2026
MIDU
Stuut raises $52.5M Series B led by Insight Partners for order-to-cash AI
Stuut raised a $52.5M Series B led by Insight Partners, with Andreessen Horowitz.
AI
Elorian releases Glimpse, a visual reasoning model trained on a few hundred GPUs
Elorian released its first model, Glimpse, as a research preview with API access and a waitlist-only chat interface. Glimpse uses a visual scratch space to crop.
RapidCanvas raises $29M Series B to build custom enterprise AI applications
RapidCanvas raised $29 million in a Series B round led by Vertex Ventures SEA & India.
Fintech
Intuit acquires a16z-backed UK fintech Sequence in reported $200M deal
Intuit has acquired Sequence, a London- and New York-based fintech that uses AI to automate business billing.
Healthcare
Oxford spin-out OMass Therapeutics raises €275M Series C
OMass Therapeutics, a University of Oxford spin-out developing small-molecule drugs.
Microbiotica raises €42M Series C for inflammatory bowel disease treatment
British clinical-stage biopharma company Microbiotica announced the first close of a €42 million Series C round led by British Business Bank.
Robotics/Hardware
Mueon raises $65M Series A to develop 3D computing modules
Data center hardware startup Mueon raised $65 million in a Series A led by Maverick Silicon.
Other & Roundup
Asia Startup Funding Hits Near-Record $38.5B in Q3, Driven by AI
Asia's startup funding reached $38.5 billion in Q3, the second-highest quarterly tally on record.
Inrix to sell substantially all assets to Allstate's Arity after 22 years
Bellevue, Wash.-based traffic data company Inrix has agreed to sell substantially all of its assets to Arity.