Week of Oct 6, 2026

3SBio, a Chinese biopharmaceutical company, filed for up to US$712 million Hong Kong IPO with cornerstone investors including GIC and BlackRock committing US$150 million total.

Cyera raised $400 million in a Series G extension led by Evolution Equity Partners and Goldman Sachs Alternatives for AI data governance and security platform expansion.

Encoded Therapeutics raised $275 million in Series F financing co-led by GV to advance ETX101 into pivotal development for Dravet syndrome and expand its neurological medicine pipeline and manufacturing.

Varda Space Industries announced a $251 million Series D fundraising round led by Lux Capital and Natural Capital, bringing total capital raised to $598 million. Proceeds support increased flight cadence and pharmaceutical partnerships.

Lycia Therapeutics, a Phase 1 biotech developing protein degraders for food allergies and autoimmune diseases, filed with the SEC to raise up to $100 million in an IPO on the Nasdaq under ticker LYCA.

Verisure announced its intention to launch an IPO on Nasdaq Stockholm, expecting to raise approximately €3.1 billion in new shares plus €235 million from existing investors, with proceeds to strengthen its balance sheet and fund the ADT Mexico acquisition.

Corgi, a business insurance startup, raised $160 million in Series B funding at a $1.3 billion valuation, led by TCV, just four months after its Series A round, bringing total funding to $268 million.

Valon raised $150 million in Series D funding at a $2.3 billion valuation, led by new investor Ribbit Capital with continued participation from Andreessen Horowitz, to accelerate deployment of ValonOS and AI agents across mortgage servicing.

Paris-based digital-asset data and infrastructure provider Kaiko raised $110 million in a Series B extension led by S&P Global.

AirAsia's BigPay e-wallet unit secured US$100 million in financing from South Korean conglomerate SK Group to support its digital banking licence application and expansion as a challenger bank in Southeast Asia.

Savvy Wealth, an AI-native registered investment advisor platform, raised $100 million in Series C funding at a $600 million valuation, led by Halo Fund and Accel.

Samsung SDS, along with five Samsung Group affiliates and other investors, invested $1 billion total in Helix Digital Infrastructure, an AI infrastructure company established by KKR. Samsung Electronics contributed $500 million and other affiliates contributed $500 million combined.

Supabase raised $150 million in Series G funding led by GIC, with participation from CapitalG, IronArc, and SquarePeg. The company also announced the acquisition of Turso to support higher database volumes for agentic workloads.

Jeeves secured $110 million in Series C-1 funding led by CoinFund to expand its stablecoin business, launch digital wallets, open a Madrid office, and extend its corporate card to 10 new countries.

Virginia-based software development security firm Antithesis raised $105 million in Series A funding led by Jane Street.

Pop Global Acquisition, a blank check company targeting advanced software, hardware, materials and energy technologies, filed with the SEC to raise up to $100 million in an initial public offering.

Payroll and HR provider OnPay secured over $100 million in funding including a $63 million Series B round and debt facility to expand its SMB solutions.

IoT infrastructure and connectivity platform Onomondo raised $100M Series A+ led by Aspirity Partners to expand its global operations.

Hardware-based security provider Axiado raised more than $100 million in an oversubscribed Series C round for AI data center and edge security solutions.

Accelevation Holdings priced its IPO at $18 per share for 30 million shares, generating $540 million gross proceeds. The company is selling 10 million new shares for $180 million, with existing shareholders selling 20 million shares.

Ace Designers, an Indian CNC machinery manufacturer, began discussions with investment banks on October 3 regarding a potential Mumbai IPO that could raise up to USD 400 million.

Faraday Future Intelligent Electric agreed to divest its robotics assets and businesses to FF EAI Robotics Ecosystem Inc. for estimated $200 million valuation through non-binding term sheet.

Anmol Industries, a biscuit manufacturer, filed draft IPO papers for approximately $188 million, structured entirely as an offer for sale by the promoter's family trust.

Simple Energy raised ₹1,750 crore ($180 million) in Series C all-equity funding led by Thyrocare founder's family office to scale manufacturing capacity from 10,000 to 30,000+ units monthly.

Reverion closed a $175M Series B round led by Kembara with participation from Allianz, KfW Capital, Aurum Impact and Carbon Equity to fund a new German production site scaling manufacturing capacity tenfold to 250 megawatts annually.

Quartermaster raised $140 million in Series B funding from Insight, Overmatch Ventures, and existing investors to support its maritime intelligence operations and doubled manufacturing capacity.

Hertha Metals closed a $133.65M Series A round co-led by Khosla Ventures and Doerr Capital, including $65M in U.S. Government equity investment, to finance construction of its Hertha Chalyx facility for high-purity iron production.

Maven Robotics secured a $100 million Series A led by multiple investors including Shorooq and Presight, to fund production of third-generation robots and development of fourth-generation systems for industrial logistics and manufacturing.

Kanin Energy closed a $100 million Series A round from S2G Investments and Canada Growth Fund to scale waste-heat-to-power systems across North America.

CBP plans construction of three new Border Patrol stations in Arizona (Three Points, Sonoita-Elgin, Casa Grande), each estimated at $100 million.

CES Transformers opened an expanded manufacturing facility in Markham, Ontario, investing approximately $100 million to increase transformer production capacity and support North American energy demand.

Hitachi opened a $100 million railcar manufacturing plant in Maryland.

DOE's CESER announces $100 million technical-assistance partnership to strengthen cybersecurity for electric cooperatives, municipal utilities, and small investor-owned utilities.

PRISM, OYO's parent company, launched an institutional roadshow for a proposed $701 million IPO consisting of newly issued shares to strengthen its balance sheet and support OYO's transformation into a global multi-brand hospitality platform.

Air Baltic filed for Chapter 11 bankruptcy protection to restructure $503 million in funded debt and $855.6 million in long-term lease liabilities. The carrier plans to shrink its fleet from 54 to 36 aircraft while continuing operations.

FLYR raised $295 million ($225M Series D capital and $70M credit facility) to support travel technology platform serving airlines and hospitality brands.

Hotel101 agreed to sell 780 hotel units across three properties to DD Hotel101 Worldwide One for approximately $205 million, plus $33 million for 300 additional units, structuring the buyer as a related-party SPV.

Greek shipowner Evangelos Marinakis is taking a 36-ship containership platform to Athens IPO, targeting up to €200m ($226m) for newbuilding programme and working capital.

Coca-Cola plans to file draft prospectus by December for IPO of Indian bottling unit Hindustan Coca-Cola Beverages, seeking $10 billion valuation with expected $1 billion raise from existing investors.

Instacart completed its IPO, pricing 22 million shares at $30 per share on Nasdaq, raising $660 million and achieving a market value of approximately $10 billion.

Sleep Number filed for Chapter 11 bankruptcy protection with a proposed $415 million asset sale plan, citing unsustainable debt and weakening consumer demand for home furnishings.

Gatik announced $200 million in financing to expand commercial operations and fleet for driverless commercial freight across Fortune 50 retail, grocery, and CPG supply chains.

Fashinza raised $100 million in Series B funding led by Prosus Ventures and Westbridge Capital to expand global presence, monetize fintech offerings, and support sustainable supply chain initiatives.