Midu Daily · Friday, Oct 23, 2026
MIDU
Whop raises $205M at $5.1B valuation, led by Sequoia
Whop raised $205 million in a Series D led by Sequoia at a $5.1 billion valuation.
Tech Funding NewsOriginal Fintech
Fortune Term SheetCoast raises $35M growth round led by Thomvest to track company card spending
Coast, a New York fintech founded in 2020 by Daniel Simon, raised a $35 million growth equity round led by Thomvest Ventures.
Enterprise Software
SiliconANGLEMave raises $34M to unify enterprise security tools in one agentic system
Mave Security raised $34 million across a $28 million Series A led by Red Dot Capital Partners and a $6 million seed co-led by Dell Technologies Capital and Emerge Ventures. The Israeli startup's agentic platform queries an enterprise's existing security tools in their native languages instead of ingesting data into a SIEM, and it says annual recurring revenue grew more than 400% over the past year. The funding goes toward frontier AI research, enterprise products and hiring, with plans to more than double its 20-person team.
Indurex raises €7M to bring AI agents to cyber-physical systems security
Amsterdam-based Indurex raised €7 million led by Contrarian Ventures, with Axeleo Capital and Curiosity participating.
Robotics/Hardware
TechCrunch StartupsAlso 1 source reportsFormer OpenAI science lead Kevin Weil launches Warp Sciences with $215M for lab robots
Former OpenAI science lead Kevin Weil launched Warp Sciences, an AI startup that trains robots to make and test drug compounds.
TechCrunch VentureWarhound raises $200M at $1.2B valuation to engineer military working dogs
Warhound, a startup from Colossal Biosciences' Ben Lamm and Anduril's Palmer Luckey.
Enact Intelligence exits stealth with €26.68M pre-Seed backed by Yann LeCun and Arthur Mensch
Zurich-based physical AI startup Enact Intelligence exited stealth with a €26.68M ($30M) pre-Seed round.
Lisbon's Beyond Vision raises over €28M to scale AI drones
Lisbon-based drone maker Beyond Vision closed an investment round of over €28 million.
Climate/Energy
TechCrunch StartupsAlso 1 source reportsHelion wins $175M CHIPS Act award to build advanced semiconductor line for fusion plants
Helion received $175 million in CHIPS Act funding from the Department of Commerce to research and manufacture advanced power semiconductors for its fusion plants.
Other & Roundup
Barcelona's Masia closes €18M debut fund and opens Masia House for frontier tech founders
Barcelona-based Masia closed its €18M debut fund to back early-stage AI and frontier tech companies with a local connection.
Tech Funding NewsAlso 1 source reportsFSE launches £70M+ Future London Growth Fund for London scaleups with British Business Bank backing
The FSE Group launched the Future London Growth Fund, offering more than £70M in loans of £1M to £3M to London-based scaleups.