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BioStack Raises $9.5 Million to Build Medical AI Training Datasets from Patient Records

YC-backed healthtech startup BioStack has raised $9.5 million in seed funding led by Peak XV, DCVC, and Afore Capital. The startup aggregates fragmented clinical data from over 100 million de-identified patient records across hospitals in India, the US, Brazil, and Argentina to create comprehensive datasets for training and evaluating medical AI models.

2 Sources

Yesterday

Nevis Secures $70M Series B to Scale AI Platform for Wealth Management Amid Advisor Shortage

New York-based Nevis raised $70M in Series B funding led by EQT Ventures, with backing from Charles Schwab and QuantumLight. The AI platform for wealth advisers has grown client assets from $50 billion to $700 billion in 2026, helping tackle the looming financial advisor shortage through automation.

3 Sources

Unacademy Founders Launch ₹700 Cr AI and Deeptech Fund Longshot Capital With ₹300 Cr Committed

Unacademy founders Gaurav Munjal and Roman Saini are raising Longshot Capital, a ₹700 crore venture capital fund targeting AI and deeptech startups. The fund has secured commitments of ₹300 crore and plans its first close in January 2027, marking the duo's transition from angel investing to institutional fund management just months after UpGrad's acquisition of Unacademy.

2 Sources

23 Oct 2026

Pathos AI Raises $237M, Partners with Bristol Myers Squibb and Tempus AI for Neuroscience Push

Pathos AI secured $237 million in Series E funding at a $3 billion valuation, led by Bristol Myers Squibb. The company is expanding beyond oncology into neuroscience drug development through strategic partnerships with Bristol Myers Squibb and Tempus AI, focusing on Alzheimer's disease research using its AI-driven Foundry platform.

8 Sources

Zurich robotics startup Enact Intelligence raises $30M to give robots sense of touch

Enact Intelligence, a Zurich-based robotics startup, has emerged from stealth with $30 million in pre-seed funding to develop robots that sense force and touch through their motors. Backed by AI luminaries including Yann LeCun and Arthur Mensch, the company is building AI models that work across different robot designs while developing actuators that double as sensors.

2 Sources

22 Oct 2026

Former OpenAI Science Lead Kevin Weil Launches Warp Sciences With $215M to Automate Drug Discovery

Kevin Weil, former OpenAI science lead, launched Warp Sciences with $215 million in funding at an $865 million valuation. The startup uses AI and robotics to automate wet labs for drug development, aiming to reshore chemistry work from China and address geopolitical supply-chain risks while accelerating molecule optimization through robotic automation.

4 Sources

Nirva Raises $33M for AI Wearable Pendant That Provides Personal Insights Through Voice Recognition

Nirva, founded by former Meta Reality Labs employees, raised $33 million to develop AI-powered jewelry that passively listens to the wearer's speech. The $249 pendant uses voice recognition to filter out others and provides personal insights on emotions and communication styles through a companion app.

2 Sources

Karta AI Secures $3M Seed Funding to Automate Complex Banking Calls with 70% Resolution Rate

Karta AI, founded by former Razorpay executives, raised $3 million in seed funding led by PeerCapital and Cedar Hill Capital. The AI-powered customer communication platform handles 2 million conversations monthly across 25+ languages, resolving 70% of complex inbound calls without human intervention while cutting query costs by 50% for financial institutions.

2 Sources

DeepSeek Secures $15 Billion Funding Days After US Ban, Eyes IPO in Global AI Race

Chinese AI startup DeepSeek closed a massive 100 billion yuan ($15 billion) funding round led by Tencent and CATL, just days after US restrictions banned federal agencies from using its technology. The Hangzhou-based company doubled its initial fundraising target and is now preparing for a potential IPO in Shanghai, positioning itself to compete against OpenAI and Anthropic despite national security concerns.

10 Sources

Curebay Secures Rs 100 Crore Funding Led by IvyCap Ventures to Expand Rural Healthcare Network

Healthtech startup Curebay has raised Rs 100 crore in pre-Series C funding led by IvyCap Ventures, with participation from existing investors including Elevar Equity and Bertelsmann India Investments. The company plans to expand its rural clinics network from 250 to 800 locations while strengthening its AI screening offerings and entering new markets in Telangana and Andhra Pradesh.

2 Sources

21 Oct 2026

Flapping Airplanes AI Startup Secures $1B Funding at $6B Valuation, Quadrupling Value in Months

Flapping Airplanes, a year-old AI research lab, raised $1 billion at a $6 billion valuation led by Index Ventures and Lux Capital. The San Francisco startup, backed by Nvidia and Sequoia, aims to train AI models with less data and computing power while improving chip efficiency—despite having no product yet.

2 Sources

OpenAI and Peter Thiel Back $45M Brain Implant Startup Fighting Cancer With AI

OpenAI's venture arm and Peter Thiel's Founders Fund invested $45 million in Coherence Neuro, a startup developing brain implants that detect and treat cancer. The brain-computer interface company uses AI models to decode electrical signals from tumors and deliver targeted electrical stimulation to halt cancer growth.

2 Sources

Legora Secures $550M Series E at $8.8B Valuation as Legal AI Race Intensifies

Swedish legal AI startup Legora raised $550 million in Series E funding at an $8.8 billion valuation, led by Atreides Management. The company's annual recurring revenue now exceeds $200 million, doubling from $100 million in just six months. With over 140,000 legal professionals across 2,400 firms using its platform, Legora is reshaping legal workflows through AI-driven automation services.

7 Sources

Blacksmith Reaches $1 Billion Valuation as Sequoia Leads $66M Series C for AI Code Testing Platform

Blacksmith, an AI code testing startup, has achieved unicorn status with a $1 billion valuation after raising $66 million in Series C funding led by Sequoia Capital. The round comes just two months after its Series B at $550 million valuation, reflecting explosive demand as AI-written code surges across the software development industry.

3 Sources

Pigment Secures $250M Series E Funding at $2.3B Valuation as AI Business Planning Gains Momentum

Paris-based Pigment raised $250 million in Series E funding led by Scaleup Europe Fund, reaching a $2.3 billion valuation. The AI business planning platform surpassed $100 million in annual recurring revenue this year, with 85% of new metrics now created by AI agents rather than humans.

4 Sources

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