Midu Daily · Wednesday, Nov 4, 2026
MIDU
fal raises $1.3B at a $16B valuation for generative media inference
fal, a cloud platform for running image, video and audio generation models through a single API.
Fintech
Tallia raises €4 million seed to bring AI research and review to tax firms
London-based Tallia, formerly Revax, raised a €4 million ($4.5 million) seed round co-led by Outward VC and ICAEW to expand its AI research and drafting platform for tax and accountancy firms. The platform uses a custom retrieval system to tie AI answers to legislation, regulatory guidance and case law, and adds review workflows for senior staff. Tallia says it produces a fully cited first draft in about 30 seconds and saves teams five hours per fee earner each week.
Enterprise Software
Salesforce to buy customer service automation startup Cresta for reported $2.7B
Salesforce agreed to acquire Cresta Intelligence, a customer service automation startup whose platform runs AI voice agents and multi-agent ticket workflows.
Healthcare
Vitroscope raises $7M to turn living human tissue into drug discovery data
Vitroscope raised $7 million, a $5 million seed round co-led by Cerberus Ventures and YZR Capital plus $2 million in non-dilutive funding from the Research Council of Norway.
Robotics/Hardware
Tutor Intelligence raises $75M Series B led by a16z to rent robots by the hour
Tutor Intelligence raised a $75M Series B led by Andreessen Horowitz, bringing total funding to $117M. The MIT CSAIL spinout rents robots like Sonny and Cassie by the hour or per pick.
Climate/Energy
Porto's Seamoretech raises €1.1M seed to turn desalination brine into freshwater and minerals
Porto-based Seamoretech raised €1.1M in a first seed closing from Rypples, 7Seas Capital and Crédito Agrícola.
Other & Roundup
Northwood Space raises $375M Series C at $2B valuation led by a16z and DFJ Growth
Northwood Space raised $375M in a Series C at a $2B valuation led by Andreessen Horowitz and DFJ Growth.
DeepSeek's $15.9B round lifts global venture funding to $59B in October
Global venture funding reached $59 billion in October, up 45% year over year, per Crunchbase data.
Tumbleweed raises record €6.9M seed round to expand microgravity lab access
Austrian startup Tumbleweed raised a €6.9M seed round led by PactVC, which it calls the country's largest spacetech seed round.
News Flash
- Tutor Intelligence raises $75M Series A led by Andreessen Horowitz for warehouse robotsSiliconANGLE
- Yvonne Bajela closes $17M debut fund Evertrue CapitalTech Funding News
- Larridin raises $30M Series A to measure enterprise AI valueSiliconANGLE
- CrowdStrike to acquire Fiddler AI and Dreadnode for reported $495MSiliconANGLE
- Athena raises $2.5M pre-seed led by a16z Speedrun to run an AI law firmTech Funding News
- Conlio raises €6.4M led by Piton Capital to automate freight paperwork with AITech Funding News
- Quint Computing raises €9.1M to cut quantum error-correction overhead 100xTech Funding News
- Analysts question Anthropic IPO math after Q3 results show slowing revenue growthFortune Term SheetFollow-up