Enveda raises $311M to push AI-discovered drugs into more trials
Biotech startup Enveda raised a $311 million Series E at a $2 billion valuation, doubling its valuation from 12 months ago.
Monday, October 12, 2026
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Biotech startup Enveda raised a $311 million Series E at a $2 billion valuation, doubling its valuation from 12 months ago.
Ema raised $77 million in a Series B round led by Creaegis, bringing its total funding to $140 million as it expands into enterprise automation.
Snorkel AI, which helps AI labs build training datasets and simulated environments, raised a $350 million Series E at a $3.5 billion valuation, nearly triple what it was worth 17 months ago.
Andreessen Horowitz is launching The Horowitz Andreessen Academy, a San Francisco school for recent high school graduates that charges no tuition in its first year and aims to train aspiring founders through hands-on coursework and mentorship.
Breakthrough Energy, the climate group backed by Bill Gates, unveiled its sixth cohort of Fellows startups, betting on ventures spanning fusion, semiconductors, agriculture, and hydrogen to meet a coming surge in electricity demand.
Corridor, an AI-powered health benefits brokerage for small businesses, raised a $25 million seed round led by Bain Capital Ventures.
Brynn Putnam, Tristan Walker and other serial founders are launching companies that sell in-person connection, from touchscreen game tables to trade schools.
Vantora, formerly UP.Labs, raised $100 million from Silversmith Capital Partners — its first outside investment — as it shifts to building physical AI startups exclusively for corporate partners.
Y Combinator alum Angle Health, a health insurance startup for small businesses, raised a $200 million Series C alongside a $400 million tender offer at a $2.7 billion valuation.
Chinese AI startup Manus is in discussions to raise $500 million at a $4 billion valuation now that it has resumed operations independently after its scrapped Meta merger, The Wall Street Journal reported, citing anonymous sources.
Family offices are increasingly bypassing venture funds to buy secondary shares or make direct deals in AI companies, chasing faster returns as alternative assets reach 42% of the average portfolio, according to a 2026 UBS survey.
Bain Capital Ventures raised a new $1.6 billion fund, 14% larger than its prior $1.4 billion fund, to back startups building AI infrastructure, healthcare, and security tools.
Cybersecurity startup Comp AI raised a $34 million Series A led by Roo Capital and Grand Ventures to build an agentic platform for security and compliance work.
Iceland-based startup Treble raised an $18 million extension of its Series A to build a physics-based sound simulation platform used by voice AI labs, robotics companies, and consumer hardware makers.
Marketing platform Noise, which pays ordinary people per view to create branded content, raised a $5.5 million seed round, bringing its total funding to $7.2 million.
Clean tech startup Fluxnium has raised $7 million to commercialize technology that extracts uranium from seawater, a resource it says could supply nuclear fuel for roughly 50,000 years.
Hang Ten Systems, founded by ex-Infosys CEO Vishal Sikka, raised $53 million more just five weeks after its $32 million seed, reaching $85 million total.
Thatch, a platform that helps employers offer individual health plans, raised $108 million at a $1 billion valuation, up from $410 million 17 months ago.
Profound, which helps brands appear in AI search results, raised a $180 million Series D at a $1.8 billion valuation less than seven months after its $96 million Series C.
DoorDash will acquire Wonder's Grubhub Campus Dining business for $300 million and add $125 million to Wonder's $650 million Series D, as the Marc Lore-founded food company keeps building out its delivery empire.