Midu Daily · Saturday, Oct 24, 2026
MIDU
Pathos AI raises $237M Series E at $3B valuation led by Bristol Myers Squibb
Pathos AI raised $237 million in a Series E round at a $3 billion valuation, led by Bristol Myers Squibb with returning backers including AstraZeneca.
SiliconANGLEOriginal AI
Tech Funding NewsAlso 2 source reportsOpenAI cuts valuation target to $1.25T as investors wait on Anthropic IPO
OpenAI is now seeking up to $30B at a $1.25T pre-money valuation, down from the $1.4T it showed investors earlier this month.
Fortune Term SheetRobinhood invests $10M in AI coding startup Cognition after backing OpenAI
Robinhood Ventures invested $10 million in Cognition as part of the startup's September Series E.
Enterprise Software
BetaKitDayforce agrees to acquire Toronto's Ribbon AI for AI recruiting
Dayforce agreed on Friday to acquire Toronto-based Ribbon AI.
Robotics/Hardware
Tech Funding NewsMaxinsights raises $30M seed led by Peak XV to film real work for robot training
Maxinsights raised a $30M seed round led by Peak XV, with Tola Capital, South Park Commons.
Milan's Phononic Vibes raises €25M to expand noise control tech used by Deutsche Bahn and Mercedes-Benz
Milan-based Phononic Vibes raised €25 million in a round led by Jolt Capital, with Eureka!
Other & Roundup
BetaKitCanada details C$750M VC envelope and opens Growth VCCI applications
The Government of Canada detailed how it will split its C$750 million early and growth-stage envelope.
Seattle ag-tech startup Strella raises $4.25M extension to expand produce-monitoring tech
Seattle-based Strella raised a $4.25M extension to its Series A.