Midu Daily · Tuesday, Oct 20, 2026
MIDU
Tenstorrent raises $1.5B Series E at $6.2B valuation to challenge GPU dominance
Tenstorrent closed a $1.5 billion Series E led by Trace Capital and Innovation X at a $6.2 billion post-money valuation.
AI
SiliconANGLENvidia and Dell back $200M Series A for doubleAI
doubleAI, officially AA-I Technologies Ltd., raised $200 million in a Series A co-led by Lightspeed and Bessemer.
TechCrunch StartupsAI assistant startup Town hits unicorn valuation with $108M Series B four months after launch
Town, a San Francisco startup building AI assistants for businesses, raised a $108 million Series B co-led by Forerunner Ventures and Menlo Ventures.
Vessla exits stealth with $3.3M pre-seed to bring AI agents to property management
Stockholm-based Vessla has exited stealth with a $3.3 million pre-seed round led by Seedcamp.
AlleyWatch FundingOthello raises $8M seed led by a16z Speedrun and Owl Capital for live sales-call AI coaching
Othello raised an $8M seed round led by Andreessen Horowitz Speedrun and Owl Capital.
SiliconANGLEMicrosoft cancels UK data center deal, putting Nscale's IPO plans at risk
Microsoft terminated its agreement to rent AI capacity at Nscale's planned Loughton.
Fintech
Tech Funding NewsUK RegTech CoComply raises £1.9M from Mercia and Haatch to surface hidden contractors
UK compliance startup CoComply raised £1.9M in a round led by Mercia Equity Finance and Haatch.
Healthcare
Tech Funding NewsAlso 1 source reportsNouscom raises $135M Series D to test cancer prevention vaccine NOUS-209
Nouscom raised a $135M Series D co-led by M Ventures and Revelation Partners to fund a global registration-enabling trial of NOUS-209.
TechCrunch StartupsKhosla Ventures leads $50M Series B in Even Healthcare at $300M valuation
Even Healthcare raised a $50M all-equity Series B led by Khosla Ventures, with Alpha Wave participating.
Bristol's Siloton wins €9.98M Innovate UK contract for handheld eye imaging
Siloton, a Bristol-based MedTech startup, won a €9.98M (£8.4M) Innovate UK contract to accelerate its handheld GiraffeOCT eye imaging system. The two-year contract covers in-clinic and at-home versions plus trials with Sunderland Specialist Eye Hospital, and Siloton expects it could cut development by up to two years. The company plans to raise further investment for its second-generation CheetahOCT device.
Other & Roundup
Crunchbase NewsLatAm startup funding rises 26% in Q3 2026 as Mexico overtakes Brazil
Latin American startups raised $1.3 billion in seed- and growth-stage deals in Q3 2026.