October 19, 2026 — October 25, 2026
4 funding rounds totaling $68M tracked by Value Add VC for the week of Oct 19. These are the rounds our database recorded, not a total for the whole market.
| Company | Amount | Stage | Led by |
|---|---|---|---|
| Even Healthcare | $50M | Series B | Khosla Ventures |
| AIsa | $9M | Seed Extension | — |
| Geniez AI | $6M | Seed | — |
| TechNovaTime | $3.4M | Pre-seed | — |
Trends by sector over 3, 6 and 12 months: startup funding by sector →
Merck KGaA, Darmstadt, Germany agreed to acquire Silence Therapeutics in an all-cash deal worth about $1.3 billion in equity value, paying $20.00 per ADS -- a 130% premium to Friday's close -- to get full control of its lead siRNA drug Divesiran.
Accenture Federal Services and Google Public Sector launched Gemini Launchpads, a centralized hub of Forward Deployed Engineers meant to move federal agencies from piloting AI agents to running them in production at scale.
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 triple its December 2024 pre-money 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.
Hong Kong-listed Metis TechBio struck a collaboration with Eli Lilly worth up to $1.1 billion in milestone payments, using its AI-driven lipid nanoparticle platform to help Lilly's drugs reach specific tissues more precisely.
The ConnectWise breach that disabled backup tools for managed service providers is the exact failure mode Opsin, CodeWall and Harmonic Security raised a combined $75 million to police this month, before today's incident gave the thesis a live example.
AI's infrastructure buildout is projected to hit $11 trillion in capex by 2030 even as it erodes the ad and software revenue streams meant to pay for it, from vendor lock-in to content economics.
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