Delve faces new allegations of IP theft and data fabrication
Compliance startup Delve faces fresh allegations that it allegedly misappropriated open source software and faked customer data, casting doubt on its $32 million Series A.
Tuesday, October 13, 2026
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Compliance startup Delve faces fresh allegations that it allegedly misappropriated open source software and faked customer data, casting doubt on its $32 million Series A.
Global startup funding reached a record $297 billion in Q1 2026, a 2.5x increase over the previous quarter, driven by four massive AI and autonomous driving deals.
Cognichip raised $60 million to build AI models for chip design, claiming its technology can reduce development costs by more than 75% and cut timelines by more than half.
Toyota’s Woven Capital has appointed Michiko Kato as CIO and CEO of Toyota Invention Partners, alongside new COO Mia Panzer, to drive its mobility-focused investment strategy.
OpenAI has raised $122 billion at an $852 billion valuation, with the company expected to hit public markets this year.
Whoop raised $575 million in a late-stage funding round, pushing its valuation to $10.1 billion as the wearable company expands into medical and health capabilities.
NomadicML raised an $8.4 million seed round at a $50 million valuation to help autonomous vehicle and robotics companies turn raw video data into searchable datasets.
Runway has launched a $10 million venture fund and a startup program offering API credits to build an ecosystem around its "video intelligence" technology.
Playlist has officially merged with EGYM in a $7.5 billion deal, creating a fitness and wellness powerhouse expected to expand into North America and Asia.
Allbirds has agreed to sell its assets and intellectual property to American Exchange Group for $39 million, a significant drop from its 2021 Initial Public Offering (IPO) valuation.
Sycamore raised a $65 million seed round led by Coatue and Lightspeed to build an enterprise AI agent orchestration layer from scratch.
Uber is acquiring Berlin-based startup Blacklane to expand its luxury and executive travel services, with the deal expected to close by the end of this year.
Mantis Biotech raised $7.4 million in seed funding to develop physics-based digital twins that could help address data scarcity in medical research and clinical applications.
ScaleOps raised $130 million at an $800 million valuation to expand its autonomous infrastructure management platform, which aims to reduce cloud and AI costs by as much as 80%.
South Korean AI chip startup Rebellions raised $400 million at an approximately $2.34 billion valuation to fuel expansion in Asia, the Middle East, and the U.S.
Qodo raised $70 million in Series B funding to scale its AI-powered code verification platform, aiming to improve trust and reliability in AI-generated software development.
Y Combinator’s Winter 2026 Demo Day (an accelerator pitch event) featured rising valuations, with some startups reportedly reaching $100 million while the default seems to be around $30 million.
Physical Intelligence is reportedly in discussions to raise about $1 billion, a deal that would push the robotics startup’s valuation above $11 billion.
SoftBank has secured a $40 billion loan to fund its $30 billion OpenAI investment, which may signal lender expectations of an OpenAI public listing later this year.
Rivian secured a $1 billion investment from Volkswagen Group after completing winter testing for their joint venture vehicle, with total deal potential reaching as much as $5.8 billion.