Top Funding Rounds Week of October 5th
Axiom and Ramp led a week of massive funding rounds. Explore how AI infrastructure and fintech are dominating the latest venture capital landscape.
Published October 12, 2026 by Jacob Klionsky
- 01$2BSeries A
Axiom, Flex's Cloud and Power Infrastructure segment, secured a $2 billion Series A Convertible Preferred Stock investment at a $37.5 billion enterprise value led by General Catalyst and Koch Equity Development with participating co-investors.
- 02$1.9BEquity
Ramp, a fintech startup focused on corporate spending and finance tools, raised $1.85 billion in a funding round at a roughly $60 billion pre-money valuation led by Dragoneer Investment Group and Thrive Capital with participation from Founders Fund
- 03$870MSeries A
TypeSafe AI, an AI infrastructure startup, raised $870 million in a Series A (Series AI) at a $7.5 billion valuation led by Andreessen Horowitz with participation from Sequoia Capital, DCVC, and angel investors.
- 04$775MEquity
VoltaGrid, an advanced energy management and generation company, completed a $775 million primary equity investment and an upsized $800 million secondary equity investment led by funds managed by Blackstone Tactical Opportunities and Halliburton Company, with secondary purchasers including institutional and other investors.
- 05$555MSeries G
Devoted Health, a Medicare Advantage insurer, raised $555 million in a Series G as part of a $1.18 billion financing package that includes a $622 million tender offer for existing shareholders.
- 06$500MEquity
Manus, a Chinese AI lab, raised more than $500 million in its first funding round since splitting from Meta led by Boyu Capital and IDG Capital with participation from Tencent, HSG (Sequoia China), ZhenFund and others.
- 07$475MSeries B
Oratomic, a quantum computing startup building fault-tolerant quantum computers, raised $475M in a Series B at a $5.4B valuation led by ARCH Venture Partners, Spark Capital, Khosla Ventures, Index Ventures, General Catalyst, and Bezos Expeditions
- 08$445MSeries D
Oxide Computer Company, an on-premises cloud computing company, raised $445M in a Series D led by Eclipse with participation from existing investors US Innovative Technology Fund, Riot Ventures, Jane Street and new investors Atreides Management and AMD Ventures.
- 09$400MSeed
SignSplit, a signed-data infrastructure company, raised $400 million in a strategic seed round at a $1 billion valuation led by W Group.
- 10$250MSeries B
Vinci, an AI-native computational platform for hardware engineering, raised $250 million in a Series B at a $1.5 billion valuation co-led by Advent, Temasek and Xora with participation from AMD Ventures, Eclipse, Khosla Ventures, Madrona and other strategic investors.
- 11$250MEquity
Atomic Machines, a company building micro-machines with AI and programmable manufacturing, has raised $250 million to date (cumulative funding) from investors including One Investment Management, Gigafund, XTX Ventures, KAS Venture Partners, Valor Equity Partners, Sozo Ventures, The Regents of the University of California, Construct Capital, Tru Arrow Partners, and The House Fund.
- 12$200MSeries B
Arena, an AI model and agent evaluation platform, raised $200 million in a Series B at a $3.1 billion valuation co-led by Lightspeed Venture Partners and Khosla Ventures with participation from Salesforce Ventures, 01 Advisors, Dell Technologies Capital, Endeavor Catalyst and existing investors including Andreessen Horowitz, Felicis, AMP PBC, QuantumLight, and The House Fund
- 13$200MSeries B
Type One Energy, a fusion power startup, raised $200 million in a Series B led by Breakthrough Energy Ventures and Clutterbuck Capital with participation from Lowercarbon Capital, Siemens Energy Ventures, and SiteGround Capital
- 14$200MSeries D
Ledgebrook, a Boston-based AI-native specialty insurance platform, raised $200 million in a Series D at a $2.6 billion post-money valuation co-led by Allianz X and Rockefeller Capital Management.
- 15$180MEquity
Scanntech, a retail technology company that monitors real-time supermarket sales, raised $180 million in a round led by L Catterton with participation from Partners Group and Bradesco.
- 16$150MSeries B
Matchpoint Therapeutics, a biotechnology company pioneering precision covalent medicines, raised $150 million in a Series B co-led by Nextech Invest and Norwest with participation from Invus, BB Biotech, T1D Fund, BOLD Longevity Growth, Access Biotechnology, Atlas Venture, Sanofi Ventures, Digitalis Ventures and other existing investors.
- 17$150MSeries D
Valon Technologies, an AI-native operating system for regulated finance (mortgage servicing), raised $150 million in a Series D at a $2.3 billion valuation with participation from Ribbit Capital and Andreessen Horowitz.
- 18$125MSeries D
MMI (Medical Microinstruments), a Jacksonville, FL-based robotics company, raised $125M in Series D financing led by BioStar Capital with participation from S3 Ventures, Angelini Ventures, and an undisclosed strategic corporate investor.
- 19$120MSeries E
Capitolis, the financial technology company, raised $220 million comprising a $120 million Series E at a $1.9 billion valuation led by Citi with participation from Bank of America, Nomura, Tradeweb Markets, Barclays, BNP Paribas, J.P. Morgan, State Street, and UBS
- 20$120MSeries B
General Medicine, a nationwide healthcare store, raised $120 million in a Series B led by Andreessen Horowitz with participation from Matrix, VXI Capital, Eli Lilly and Company, Mercy Health through Granger Management, and BoxGroup.
