Top Funding Rounds Week of December 29th
We analyze early 2026 funding trends, led by GDS International's $2B round and major equity raises from Kraken and Erebor Bank.
Published January 5, 2026 by Jacob Klionsky
- 01Hardware • Information Technology•Central Region$2BSeries C
DayOne raised a Series C equity round of more than $2 billion led by Coatue, with participation from Indonesia Investment Authority and other institutions, to expand its hyperscale data-center platform.
- 02Software•England$1BEquity
AI utility-software spin-out Kraken raised a €850 million funding round led by D1 Capital Partners with Fidelity International, Durable Capital Partners, Ontario Teachers’ Pension Plan Board (Teachers’ Venture Growth) and existing Octopus Energy investors.
- 03Financial Services • Lending and Investments•Ohio$350MEquity
Erebor Bank, a stablecoin digital bank, raised a $350 M funding round led by Lux Capital with Founders Fund, Haun Ventures, and 8VC participating.
- 04Real Estate • Transportation•Maharashtra$200MEquity
Horizon Industrial Parks, a Blackstone-backed warehousing platform, secured a $200 million pre-IPO equity round from SBI (bank and life insurance arm), Radhakishan Damani, Hemendra Kothari and 360 One.
- 05
Commerce and Shopping • Food and Beverage•Karnataka$144.3MEquityiD Fresh Food, a ready-to-cook foods brand, sold a 25% equity stake to Apax Partners for ₹1,300 crore.
- 06Education • Financial Services•Maharashtra$132.9MEquity
Avanse Financial Services, an education-focused NBFC, raised a ₹1,200 crore rights issue from existing investors Warburg Pincus, Kedaara Capital and Alpha Investment Company.
- 07Energy • Manufacturing•Maharashtra$111.1MEquity
Waaree Energies’ subsidiary Waaree Energy Storage Solutions raised a ₹1,003 crore funding round from a mix of family offices, high-net-worth individuals, and institutional investors to build a 20 GWh lithium-ion battery plant.
- 08Energy•Gujarat$111.1MEquity
Waaree Energy Storage Solutions, a lithium-ion battery manufacturer, raised ₹1,003 crore in funding from family offices, high-net-worth individuals, and institutional investors.
- 09Artificial Intelligence (AI) • Data and Analytics•California$107MEquity
Physical-AI perception startup Lyte raised $107 million in aggregate funding from Avigdor Willenz's group, Fidelity Management & Research Company, Atreides Management, Exor Ventures, Key1 Capital, and Venture Tech Alliance.
- 10Energy • Government and Military•California$100MSeries B
Advanced-materials startup Cambium raised a $100 million Series B led by 8VC with participation from MVP Ventures, Lockheed Martin Ventures, GSBackers, Veteran Ventures Capital, J17 Ventures, Vanderbilt University, Alumni Ventures, Gaingels, Inevitable Ventures, JACS Capital, Jackson Moses, and other investors.
- 11Agriculture and Farming • Financial Services•Uttar Pradesh$81MSeries D
Arya.ag, an Indian agritech storage and finance platform, raised an $81 million all-equity Series D round led by GEF Capital Partners.
- 12Financial Services•Tel Aviv$80MSeries C
Vesttoo, an AI-driven alternative reinsurance marketplace, raised a $2M seed round from SureTech, a $6M Series A led by Hanaco Ventures, a $15M Series B led by Mouro Capital and MS&AD Ventures, and an $80M Series C led by Mouro Capital, Gramercy, Black River Ventures, and Hanaco Ventures.
- 13Health Care•Tamil Nadu$69.8MSeries A
Pediatric digital-therapeutics provider Pinnacle Blooms Network raised a $70 million Series A round from Global Healthcare Fund.
- 14Consumer Electronics • Hardware•Kyonggi-do$69.2MSeries B
XCENA, a CXL-based computational memory chip maker, is targeting a ~KRW 1,000 억 Series B round led by new overseas financial investors with potential follow-on from existing backers SV Investment and Stick Ventures.
- 15Software•Ohio$55MEquity
Digital DMV platform CHAMP Titles raised a $55 million financing round led by W. R. Berkley Corporation, Point72 Ventures, and ORIX Corporation USA.
- 16Information Technology • Privacy and Security•Ar Riyad$54MEquity
Cybersecurity startup DSShield raised a $54 m investment from Merak Capital.
- 17Biotechnology • Consumer Electronics•Florida$50MSeries B
Biobeat, a patch-worn cuff-less ABPM developer, raised a $50 million Series B equity round led by Ally Bridge Group, OrbiMed Advisors and Elevage Medical.
- 18Artificial Intelligence (AI) • Commerce and Shopping•Ar Riyad$45MSeries B
Retail-tech platform Rewaa raised a $45 million Series B led by Wa’ed Ventures, Idrisi Ventures, and Unity Ventures.
- 19Consumer Electronics • Hardware•Tel Aviv$40MSeries A
Act Security, a cloud and data-center security startup, raised a $40M Series A led by Notable Capital with participation from Startpoint Capital, Claltech, Access, Bessemer Venture Partners, Team8, Hetz Ventures and Brightmind, following an earlier $20M seed round.
- 20Administrative Services • Apps•Maharashtra$31.3MEquity
Zepto, a quick-commerce grocery platform, raised a $31.25 million investment from Goodwater Capital, Nexus Venture Partners, and angel backers Oliver & Lish Jung and Mangum II.
