Midu Weekly · Week 44, 2026 · Oct 26 – Nov 1
MIDU
This Week 20 storiesbig stories, the most talked-about are: Anthropic S-1 shows $16.3B revenue, $80.7B net loss ahead of Nasdaq IPO;Upwind raises $400M at $3.8B valuation as revenue quadruples;Serval raises $150M Series C at $3B valuation to challenge ServiceNow。
Anthropic S-1 shows $16.3B revenue, $80.7B net loss ahead of Nasdaq IPO
Anthropic filed its S-1 for a Nasdaq listing under the ticker ANT, reporting $16.3 billion in revenue for the first half of the year.
AI
Canada 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.
Wabi 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.
Broccoli AI raises $52M from Khosla Ventures for contractor call agents
Broccoli AI has raised $52 million across a $22 million Series A and a $30 million Series B.
Google X co-founder Sebastian Thrun raises $130M for AI engineering startup Dulo
Dulo Inc., co-founded by Google X co-founder Sebastian Thrun and Adrian Aoun, has raised $130 million.
Fragment raises $56M Series A led by 8VC for procurement exception AI agents
Fragment emerged from stealth with a $56M Series A led by 8VC.
Fintech
Kalshi raises $1B at $40B valuation, nearly doubling in five months
Kalshi raised $1B in a Series G co-led by Sequoia Capital and Wellington Management at a $40B valuation.
Wealthsimple raises $425M Series F at $13.8B valuation
Wealthsimple has agreed to up to $425 million CAD in Series F financing led by GIC at a $13.8 billion post-money valuation.
Nevis raises $70M Series B at $500M valuation to bring AI agents to financial advisors
Nevis, a New York startup founded in October 2024 by former Revolut executives.
Collective raises $100M led by General Catalyst to automate taxes and payroll for solo businesses
Collective raised $100 million, split between a $40M Series B led by General Catalyst.
Enterprise Software
Upwind raises $400M at $3.8B valuation as revenue quadruples
Cloud and AI security startup Upwind Security raised $400M at a $3.8B valuation.
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.
Solink 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
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.
Fractile raises £577M Series C, filings show, with Anthropic chip order reported
Companies House filings show London inference-chip startup Fractile allotted £577 million in Series C shares between September and October.
FuriosaAI 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.
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.
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.
Kalshi raises $1B Series G and ShareWillow raises $8.5M seed in NYC funding roundup
Kalshi, a regulated exchange for trading on real-world event outcomes, raised $1B in Series G led by Wellington Management and Sequoia Capital.