Midu Daily · Friday, Oct 30, 2026
MIDU
Serval raises $150M Series C at $3B valuation to challenge ServiceNow
Serval raised a $150 million Series C led by Sequoia at a $3 billion valuation, its third round in 12 months and $277 million total.
AI
BetaKitCanada to take $1.6B stake in Cohere through planned $7B CAD Series E at $36B valuation
Canada will take a $1.6-billion stake in Cohere through the Canada Development Investment Corporation as part of the Toronto company's planned $7-billion CAD Series E.
SiliconANGLEWabi raises $55M seed at $1.25B valuation for its consumer AI assistant
Wabi Inc. raised a $55M seed round led by IVP, with Amazon Alexa Fund, Andreessen Horowitz and Forerunner participating.
Fintech
Tech Funding NewsCollective raises $100M, including $60M from General Catalyst, to automate taxes and payroll for solo businesses
Collective raised $100 million, made up of a $40 million Series B led by General Catalyst.
Enterprise Software
BetaKitAlso 1 source reportsSolink raises over $100M USD to bring AI vision intelligence to physical stores
Ottawa-based Solink has raised more than $100 million USD ($140 million CAD) in a strategic round led by Vertu Capital.
Robotics/Hardware
SiliconANGLEFuriosaAI raises $620M at $2.9B valuation to scale energy-efficient inference chips
South Korean inference chip startup FuriosaAI raised $620M at a $2.9B valuation.
Consumer
Fortune Term SheetDoorDash offers $17 billion for Instacart
DoorDash has offered $17 billion to acquire Instacart.
Other & Roundup
TechCrunch VentureOpenAI-backed Thrive Holdings acquires ADT for $7.6B in equity
Thrive Holdings, the PE spinout of Thrive Capital that counts OpenAI as partner and investor.
Braid raises €34.13M Series A led by Octopus Ventures to let brands sell mobile connectivity
Braid, a Dutch company that lets enterprises launch branded mobile connectivity.
AlleyWatch FundingUS startups raise $27.89B in September 2026, up 54% from August
US startups raised $27.89B across 754 rounds in September 2026, up 54% from August's $18.1B but 9.8% below September 2025's $30.91B. Four rounds of $1B or more.
Entourage closes €100M second fund two weeks after passing €75M target
Entourage, the London-based early-stage VC firm founded by Showpad co-founder Pieterjan Bouten.