Midu Daily · Thursday, Oct 22, 2026
MIDU
AI
TechCrunch StartupsAlso 1 source reportsFlapping Airplanes raises $1B Series A at a $6B valuation
Flapping Airplanes, a year-old AI lab founded by Aidan Smith and brothers Asher and Ben Spector.
SiliconANGLEASI raises $325M Series C at $3B valuation for infrastructure AI
ASI Inc., formerly Air Space Intelligence, raised a $325M Series C led by Spark Capital at a $3B valuation.
SiliconANGLEArda Industries raises $232M to make factory production lines more adaptable
Arda Industries launched with $232 million in funding from Accel, Altimeter.
YGO raises €8M Series A to scale AI travel booking infrastructure
YGO, a German company building AI infrastructure that connects travel suppliers with airlines.
Enterprise Software
Tech Funding NewsAlso 2 source reportsPigment raises $250M Series E at $2.3B valuation led by EU's Scaleup Europe Fund
Pigment, a Paris-based planning platform competing with Excel, raised a $250M Series E at a $2.3B valuation led by the EU-backed Scaleup Europe Fund.
Fortune Term SheetAlso 1 source reportsBlacksmith raises $66M Series C at $1B valuation as AI-written code surges
Blacksmith, a startup that runs continuous integration infrastructure for testing code before it ships.
TechCrunch StartupsMach9 raises $34M Series A after pivoting to AI CAD software
Mach9 raised a $34M Series A co-led by First Round Capital and Bessemer Venture Partners after pivoting from inspection robotics to AI CAD software for civil engineering. The company says its in-house models turn laser scan and image data into survey-grade geometry, making plan drafting 10 times faster, and its private beta has drawn nearly 100 customers across more than 2,500 projects.
AlleyWatch FundingAsymptote Labs raises $5.5M seed led by Tower Research Ventures for AI agent monitoring
Asymptote Labs raised an oversubscribed $5.5M seed round led by Tower Research Ventures.
BetaKitHive raises $27M Series B led by Frontier Growth, mostly to buy out Avenue Growth Partners
Kitchener-Waterloo-based Hive raised $27 million USD (nearly $38 million CAD) in Series B equity from Frontier Growth.
Robotics/Hardware
Tech Funding NewsAlso 1 source reportsEka Robotics raises $150M Series A at $1.45B valuation led by a16z and F-Prime
Eka Robotics raised a $150M Series A led by a16z and F-Prime at a $1.45B post-money valuation.
Skyfly raises €8.91M Seed to bring two-seat Axe eVTOL to market
Skyfly Technologies, a UK developer of electric vertical take-off aircraft, closed a €8.91M ($10M) Seed round led by HICO Investment Group.