Midu Daily · Wednesday, Oct 28, 2026
MIDU
Bedrock Robotics raises $600M Series C at nearly $1B valuation
Bedrock Robotics closed a $600M Series C led by CapitalG and Emergence Capital, with Nvidia and Bessemer participating.
AI
Seattle startup Avante raises $30M Series A to bring AI agents to corporate benefits teams
Seattle-based Avante raised a $30M Series A led by Frist Cressey Ventures, bringing total funding to $40M. Its AI agents compare vendor contracts against claims.
Lette raises $6.5M seed led by Peak for AI leasing agents in the UK
Lette raised $6.5 million in seed funding led by Peak, with Heliad, Foreword VC.
Fintech
Guidewire to buy Hyperexponential for $1.7B in cash
Guidewire announced it will acquire UK-based agentic underwriting startup Hyperexponential for $1.7 billion in cash.
Hyphenate raises $45M Series A led by Nexus and B Capital for AI finance agents
Hyphenate raised a $45M Series A led by Nexus Venture Partners with B Capital.
Healthcare
Vera Health raises $28.5M Series A led by Threshold Ventures
Vera Health raised a $28.5M Series A led by Threshold Ventures, with Optum Ventures.
Robotics/Hardware
London robotics startup Machenta raises $40M seed round
Machenta, a London robotics startup founded by Imperial College professor Edward Johns and his PhD student Vitalis Vosylius.
Ultra raises $50M Series A led by Framework Ventures for AI packing robots
Ultra raised a $50M Series A led by Framework Ventures.
Other & Roundup
Intel to acquire quantum software startup Classiq for $2.2B
Intel has agreed to acquire Israeli quantum software startup Classiq Technologies for $2.2 billion.
Re:Build raises $2.1B led by General Catalyst and JPMorganChase
Re:Build, the Massachusetts manufacturing accelerator that spun out EV startup Slate Auto in 2023.
Naboo acquires UK's pro-ven after €58.7M Series B
Paris-based event tech scale-up Naboo has acquired UK meetings and events specialist pro-ven.
Disruptive raises $10B fund to back at least 10 late-stage companies
Dallas-based Disruptive announced a $10 billion fund to back at least 10 late-stage companies with checks of up to $1 billion.
News Flash
- Anthropic S-1: key takeaways and open questionsFortune Term SheetFollow-up
- Atlas Bio raises $12.5M to simulate clinical trials with AITech.eu
- Nvidia backs Simplismart in $14M Series B for GPU-efficient AI inferenceTechCrunch Startups
- London's Querio launches with €4.48M to keep AI tools giving consistent answersEU-Startups
- Ex-detective's stealth startup 22one valued near $400M with Sequoia and Lux backingTech Funding News
- Crunchbase: Q3 robotics startup funding jumps 185% as US and China lead physical AI pushCrunchbase News
- Impress secures €40M EIB venture debt to expand AI orthodontics networkEU-Startups
- Seattle's Kivo Health raises $10M Series A to bring COPD rehab into patients' homesGeekWire
- British SME lender Lovey secures up to €298M credit facility from Pollen Street CapitalEU-Startups Funding
- Agora Labs raises €4.3M to expand clinical data network for medical researchTech.eu