Obra Capital Closes Its Fifth CLO, Tops $2B In Two Years
Obra Capital closed its fifth collateralized loan obligation in under two years, a $403.6 million deal that pushes its cumulative CLO issuance above $2 billion.
Every venture round we've covered on Value Add Pulse -- seed through mega-rounds, with the VC take on each.
Obra Capital closed its fifth collateralized loan obligation in under two years, a $403.6 million deal that pushes its cumulative CLO issuance above $2 billion.
FORT Robotics secured $20 million more from Tiger Global and Mark Cuban Companies toward a SPAC merger backed by $50 million-plus in committed PIPE capital, a sign defense-tech SPACs are attracting real institutional money again.
Formic's $50 million round for its robot-as-a-service model and Maxinsights' $30 million seed for robot training data both sell a subscription, not a machine, a pricing shift reshaping how industrial robotics gets funded.
Bristol Myers Squibb led Pathos AI's $237M Series E and OrbiMed and Janus Henderson co-led Star Therapeutics' $200M round this week, a shift from pharma acquiring AI biotechs to funding them directly.
Three biotech financings announced in the same week pushed $687 million into AI-linked drug development, with OrbiMed and Janus Henderson among the investors doubling down on the sector.
Egypt's Ministry of Planning and Economic Development unveiled a plan to attract $5 billion in venture capital and support 5,000 startups, including a $1 billion unified financing initiative over five years.
Bolt Biotherapeutics acquired Prana Therapies in a stock-for-stock reverse merger and raised a concurrent $120 million private placement to advance Prana's lead bispecific antibody, PRA-216.
Six established PE and VC firms -- from secondaries giant Pantheon to venture fund-of-funds Vintage -- closed nearly $10 billion in new commitments this week, a quiet counterweight to AI's trillion-dollar valuation headlines.
Pathos AI raised $237 million in a Series E led by Bristol Myers Squibb at a $3 billion valuation, as Big Pharma deepens its direct bet on AI-designed cancer drugs.
As of October 23, 2026, Nasdaq-listed Zai Lab has raised about $250 million in a PIPE financing, selling 11.34 million ADSs at $22.04 each to fund its DLL3-targeting antibody-drug conjugate, zocilurtatug pelitecan.
Star Therapeutics raised $200 million in private financing co-led by OrbiMed and Janus Henderson, a fresh vehicle from the biotech team whose last company, Vega Therapeutics, sold to Incyte for up to $2 billion in July.
Formic raised $50 million in growth capital led by Mercato Partners to expand its robot-as-a-service model beyond task-specific industrial automation and into general-purpose robotics.
Daytona Platforms raised a $60 million Series B at a $1 billion valuation led by FirstMark Growth, with backing from a roster of notable angel investors, bringing its total funding to $91 million.
As of October 23, 2026, Commonwealth Fusion Systems has won an $85 million CHIPS Act award from the Commerce Department, giving the U.S. government an equity stake and funding semiconductor work for its Sparc fusion reactor.
Cognitive Credit raised $40 million in growth capital led by Summit Partners to expand its AI-driven corporate credit analytics platform into the U.S. and launch a new product called DealConnect.
As of October 23, 2026, mobile-game financier Mika Games and cement-decarbonization startup Cura Climate each raised about $10 million, rounding out a Crunchbase News list of deals that flew under the radar this week.
As of October 23, 2026, two early-stage startups -- satellite-positioning company Foundational and biochar carbon-removal startup Cotierra -- together raised about $14 million in seed funding this week, per Crunchbase News.
Five robotics and physical-AI startups crossed $1 billion valuations within a single week, a pace that outstrips even this year's software funding boom.
FFL Partners closed its sixth flagship fund with more than $1.35 billion in commitments, capital the San Francisco firm will deploy in $50M-$200M checks across healthcare and tech-enabled services.
Ben Lamm's new venture raised $200 million from Sequoia, 8VC and the CIA-backed In-Q-Tel to genetically engineer dogs for the military -- before a single dog exists.
Pantheon closed its eighth private equity secondaries fund at $6 billion, 71% above its original $3.5 billion target, the firm's largest secondaries raise since it started the strategy in 1988.
GEM, a Charlotte-based investment firm, hit the hard cap on its second independent-sponsors fund at $685 million, up from $450 million for its debut vehicle in 2025.
Tractian raised a $130 million Series D led by Sapphire Ventures at a $1.4 billion valuation, scaling its factory-sensor platform to more than 2,000 customers including Eli Lilly and Cummins.
Slingshot Insurance emerged from stealth with a $27 million seed round co-led by Rally Ventures and Skyward Group, building infrastructure for embedded insurance sold at checkout.
FORT Robotics secured about $20 million in additional financing from existing backers Tiger Global and Mark Cuban Companies to support its proposed SPAC merger.
Datadog has offered about $4 billion to acquire cloud security startup Upwind, The Information reported, a modest premium over Upwind's $3.8 billion valuation from its last round.
Nebius secured a $3.5 billion, 364-day senior secured credit facility arranged by Citi to fund data center construction and GPU purchases as it expands its AI cloud platform.
Monomoy Capital Partners has closed its inaugural Monomoy Family Fund I at $589 million, including $89 million from the GP and its affiliates.
Whop raised a $200 million Series D led by Sequoia Capital and Shopify Ventures at a $5.1 billion valuation, up from $1.6 billion when Tether invested in February.
Vintage Investment Partners raised $920 million in new capital, increasing the Tel Aviv-founded venture investment platform's assets under management to more than $4.8 billion.
Legora raised a $550 million Series E at an $8.8 billion valuation, up from $5.6 billion six months ago, as the Stockholm-based legal AI startup's annualized revenue climbed past $200 million.
Kevel, the Durham, North Carolina-based ad-tech infrastructure company, raised $52 million in new capital — the largest round in its history — pushing total funding past $100 million.
Peak Energy raised an oversubscribed $108 million Series B led by General Motors Ventures to scale its sodium-ion grid battery factory, with the Burlingame, California startup citing more than $1 billion in existing customer orders.
Mural, a New York fintech founded by former Palantir engineers, raised a $15 million Series A led by stablecoin issuer Tether to build payment infrastructure for AI agents, bringing its total funding to $28 million.
Pigment, the AI business-planning platform, raised a $250 million Series E at a $2.3 billion valuation led by EQT's Scaleup Europe Fund, with Nvidia joining as a planned investor, the company announced Oct. 21.
ASI, the AI startup that models physical systems like air traffic and energy grids, raised a $325 million Series C at a $3 billion valuation led by Spark Capital, SiliconANGLE reported Oct. 20.
Mogul raised an oversubscribed $15.5 million Series A led by Draper Associates at a $126 million valuation to scale its AI-powered real estate investing platform.
Baba, an applied-AI company pairing licensed clinicians with AI to help Medicare and Medicaid patients manage care, raised a $40 million Series A led by FirstMark Capital with CVS Health Ventures and Valtruis joining.
Arda Industries, the manufacturing-AI startup founded by ex-OpenAI research chief Bob McGrew, emerged from stealth with $232M in total funding, including a $160M Series A at a $1.5B valuation co-led by Altimeter, Accel and Khosla Ventures.
Bison Ventures closed its second fund at $160 million to back early-stage founders building 'Real World Intelligence,' following a $135 million debut fund.
Reliable Robotics raised $115 million -- $90 million in equity led by Nimble Partners plus a $25 million Silicon Valley Bank term loan -- upsizing its Series D to $275 million and pushing the autonomous-aircraft startup's valuation above $1 billion.
Global fintech startup funding fell 21.4% year over year to $10.6B in Q3 2026, with deal count hitting its lowest quarterly total since Crunchbase's data begins in 2018, driven almost entirely by a pullback in $100M+ rounds.
Daytona, a three-year-old startup that rents cloud sandboxes where AI agents execute code, raised a $60 million Series B led by FirstMark at a $1 billion valuation, with revenue up 25-fold since January.
SendCutSend, the Reno, Nevada custom-metal-fabrication startup, raised a Series B led by Spark that nearly doubled its valuation to $2.1 billion just five months after a $1.1 billion Series A.
Otter.ai, the AI meeting-notes app, secured $320 million in non-dilutive growth capital from General Catalyst's Customer Value Fund, which ties returns to marketing performance rather than equity, as the company passes 40 million users.
Global fintech funding fell 21.4% year-over-year to $10.6 billion in Q3 2026, with deal count dropping to its lowest level since Q1 2018, according to Crunchbase.
Estonia's Blackwall raised $100M in Series C funding led by AVP at a $2.2B valuation, about 4x its 2025 mark, as it expands bot-traffic security tools for web hosting providers.
OpenAI is accelerating a previously reported $30B raise at a valuation above $1.4T, with SoftBank and MGX now in talks to participate ahead of Anthropic's expected IPO.
ZAP Surgical Systems raised $36 million led by Catalio Capital Management to expand its vault-free ZAP-X radiosurgery platform for brain tumors, as the 2014-founded company explores new neuropsychiatric uses.
Dream Labs raised a $90 million seed round led by B Capital and Kindred Ventures to build foundation models that let one AI system operate many different kinds of robots.
Tolan raised $30 million, doubling its total funding, for an AI companion app with over 250,000 active users who logged 70 million conversations in the past year.
Harbor emerged from stealth with a $10M seed led by Base10, Abstract and 8VC to build insurance and risk infrastructure for companies deploying AI agents.
Virginia-based Antithesis raised $105M in Series A funding led by Jane Street, which is also a customer, bringing the deterministic-testing startup's total funding above $180M.
The AI assistant startup's valuation hit ten figures just months after its Series A, as investors race to fund AI tools built for entire teams rather than individual power users.
Sunlight AI launched with $17.4M in seed funding and simultaneously acquired Bradford Medical Associates, aiming to cut administrative costs for independent physician practices.
The business-banking startup says it's now generating $1 billion in annualized revenue with more than 450,000 customers, growing roughly 50% year over year.
Latin American startup funding rose 26% year over year to $1.3B in Q3 2026, with Mexico out-raising Brazil for the year to date and angel/seed funding up 128% quarter over quarter.
Blackstone closed Energy Transition Partners V at its $8.7B hard cap, more than 50% larger than its predecessor fund, after demand exceeded its fundraising target.
Tenstorrent raised $1.5 billion in a Series E led by Trace Capital and Innovation X, valuing the RISC-V AI chip startup at $6.2 billion post-money -- more than doubling its December 2024 mark.

Clinical ink announced new equity investments from Ardan Equity and GI Partners in a co-control partnership, with GI Partners Fund V fully exiting its stake after backing the clinical-trial technology company since 2020.