Scapia valuation tops $500 million amid travel fintech growth
Scapia, an Indian travel-fintech startup, raised $63 million at a valuation of more than $500 million, doubling its worth in just over a year.
Tuesday, October 13, 2026
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Scapia, an Indian travel-fintech startup, raised $63 million at a valuation of more than $500 million, doubling its worth in just over a year.
British biotech startup Imperagen raised a £5 million ($6.7 million) seed round led by PXN Ventures to build AI models and quantum-physics simulations for faster enzyme engineering.
Manila-based Clouted raised a $7 million seed round to build infrastructure that automates distribution strategy and logistics for short-form video content.
OpenAI is offering $2 million in AI tokens to every startup in the current Y Combinator class in exchange for equity, structured as an uncapped SAFE.
Exa Labs raised $250 million at a $2.2 billion valuation, joining a wave of startups competing against Google and ChatGPT in the AI search market.
NanoCo raised an oversubscribed $12 million seed round led by Valley Capital Partners after declining a roughly $20 million acquisition offer to focus on commercializing its AI platform.
Quartermaster raised $43 million in a Series A round to scale its SmartMast sensor network, which aims to provide more reliable maritime intelligence than the current AIS standard.
Defense startup Mach Industries acquired solid rocket motor maker Exquadrum in a $50 million deal to vertically integrate its supply chain for critical defense components.
Ocean has emerged from stealth with $28 million in funding to deploy an agentic email security platform designed to counter the increased scale of AI-powered phishing attacks.
Status AI raised $17 million in combined seed and Series A funding to build a gamified social media platform focused on interactive, user-generated entertainment.
Stilta raised a $10.5 million seed round led by Andreessen Horowitz to automate research and analytical work for patent litigation.
Anthropic has acquired New York-based dev tools startup Stainless in a deal reportedly valued at more than $300 million, planning to wind down the startup's hosted products.
Kin Health raised $9 million in seed funding to build a patient-facing AI notetaker that aims to operate independently of specific electronic health record systems.
South Korean startup LetinAR secured $18.5 million to scale its optical module technology for AI glasses, with a planned IPO in 2027.
Nectar Social raised $30 million in a Series A round led by Menlo Ventures and its Anthology Fund to scale its agentic operating system.
RJ Scaringe has raised more than $12.3 billion across three startups, with investors continuing to back his ventures despite broader market headwinds in the electric vehicle (EV) sector.
Meridian Ventures has raised a $35 million fund to invest in pre-seed and seed-stage enterprise technology companies across the United States.
Indian ride-hailing startup Rapido raised $240 million at a $3 billion valuation, part of a larger $730 million financing round to expand its market presence.
Danish startup Atech has raised $800,000 in pre-seed funding to apply "vibe coding" AI tools to the hardware prototyping process.
Recursive Superintelligence has emerged from stealth with $650 million to develop recursively self-improving AI models, with plans that may see it ship products in quarters, not years.