Week of Sep 29, 2026

Adarx Pharmaceuticals, a late-stage gene therapy developer, filed for a US IPO on September 21, 2026, seeking to raise $371.9 million by offering 21.875 million shares at $15 to $17 each.

This event was announced on November 4, 2025, which falls outside the search window of September 18-25, 2026, and is therefore excluded.

Enveda secured $311 million Series E led by Catalio Capital Management at a $2 billion valuation to advance AI-discovered drug candidates into clinical trials.

Rightway raised $155 million in Series E financing led by Francisco Partners to expand AI capabilities and technology powering its pharmacy benefits model for employers and members.

City Therapeutics, an RNA interference drug developer, filed for a U.S. IPO seeking up to $100 million to fund its pipeline of therapies targeting thromboembolic diseases and other conditions.

Iambic Therapeutics, an AI-driven drug discovery company, filed a Form S-1 with the SEC for a Nasdaq IPO under ticker IAM, targeting up to $100 million in capital.

Mynt, parent of Philippine fintech app GCash, won Philippine Stock Exchange approval for an IPO of up to 92.3 billion pesos ($1.47 billion), expected to list in Q4 2026. The deal could become the Philippines' largest IPO if priced at the maximum indicative level.

Angle Health raised $600 million ($200M Series C + $400M tender offer) at $2.7B valuation led by Vitruvian Partners with participation from Town Hall Ventures and existing investors.

Norm Ai raised $120 million in Series C funding led by Khosla Ventures at a $1.2 billion valuation, bringing total funding to $256 million across 5 rounds.

Penelope Health secured a $100 million funding commitment led by Thoreau to develop health policy intelligence products for providers and payers covering more than 200 million insured Americans.

InsuranceDekho raised up to $100 million in a funding round led by C Investments, Beams Fintech Fund, and MUFG Bank Limited, valuing the insurtech startup at $750–$800 million.

Crusoe raised $3.9 billion in Series F funding at a $30.9 billion post-money valuation led by Atreides Management, Mubadala Capital, and Valor Equity Partners.

Reliance Jio Platforms filed IPO papers to raise approximately $3.8 billion, with proceeds primarily directed to repay ₹27,500 crore in debt and fund 5G, AI, and cloud expansion.

Airtel Money, the mobile money arm of Airtel Africa, announced plans to file for a London IPO targeting a valuation of $8-9 billion and seeking to raise at least $800 million.

Island announced a $400 million Series F financing round, valuing the company at $6.4 billion. The round was led by Evolution Equity Partners with participation from existing and new investors.

Snorkel AI raised $350 million Series E at $3.5 billion valuation, nearly tripling its previous $1.3 billion valuation from 17 months prior.

Heidi closed a $100 million Series C and secured $240 million in growth investment for total new funding of $340 million, valuing the AI Care Partner at $900 million.

Pixxel raised $100 million in Series C funding to expand manufacturing operations in India and the United States.

Indian space-tech startup Pixxel raised $100 million in Series C funding to expand manufacturing in India and deepen US market presence.

Place, a Washington-based real estate tech platform, raised $100 million in Series A funding led by Goldman Sachs to expand its business services for real estate agents.

Binance made a $100 million strategic equity investment in Circle Internet Group through a private placement, expanding their five-year partnership to promote USDC across emerging markets.

Carlyle Group is preparing for a potential $400 million IPO of its India-based auto-parts platform Highway Roop Precision Technologies, planned for the first half of 2027.

Samsung C&T makes $100 million strategic investment in Kairos Power through direct investment and in-kind engineering services, and joins the EPC team for the Hermes 2 Demonstration Plant.

Rainmaker raised $100 million Series B to scale atmospheric data collection, research organization, and Earth habitability research capabilities.

TNB signed a share sale agreement to acquire a 30% stake in Turkish power company GAMA Enerji A.S. for US$243 million, establishing a strategic partnership in regional infrastructure.

Oura Inc filed for IPO on Nasdaq under ticker OURA, aiming to raise approximately $2.2 billion with commitments from Eli Lilly ($100M) and Dragoneer Investment Group ($300M), led by Goldman Sachs, Morgan Stanley, and J.P. Morgan.

Aznar Shipping filed a registration statement with the Philippine SEC for an IPO of up to 1 billion primary shares at P0.67 indicative price, targeting P670 million in gross proceeds for fleet expansion.

Home improvement retailer Mr DIY Group filed for IPO on Bursa Malaysia's Main Market at RM1.60 per share, raising RM1.5 billion total with RM1.2 billion going to promoters selling shares.

Elevation Acquisition Group Inc., a blank check company, registered a proposed $100 million IPO of 10 million units at $10 each, with proceeds to be held in trust for an 18-month initial business combination period.

Eyewa raised $100 million in Series C funding from General Atlantic, solidifying its position as a regional eyewear retailer.