EtherealX raises $20.5M Series A to build reusable rockets
Indian space startup EtherealX raised $20.5 million in a Series A round, pushing its valuation to $80.5 million as it develops a fully reusable launch vehicle.
Wednesday, October 14, 2026
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Indian space startup EtherealX raised $20.5 million in a Series A round, pushing its valuation to $80.5 million as it develops a fully reusable launch vehicle.
Indian workforce-training startup Emversity raised $30 million in a Series A round, valuing the company at around $120 million to expand its AI-resistant training programs.
Fusion startup Type One Energy raised $87 million in a convertible note and is targeting a $250 million Series B to advance its magnetic confinement technology.
Depthfirst, an AI-native security startup, raised $40 million in a Series A round led by Accel Partners to expand its code-scanning and threat-monitoring platform.
Austin-based SkyFi raised $12.7 million in Series A funding to expand its platform, which provides analytics and insights from more than 50 geospatial imagery partners.
Ammobia raised $7.5 million to scale a modified Haber-Bosch process that claims to lower ammonia production costs by up to 40% using lower temperatures and pressures.
Deepgram raised $130 million in a Series C round at a $1.3 billion valuation and acquired voice AI startup OfOne to expand its enterprise footprint.
Superorganism has closed its first fund with $25.9 million to invest in biodiversity startups, positioning itself as the first venture capital firm dedicated to this sector.
Converge Bio raised an oversubscribed $25 million Series A round to expand its generative AI platform for drug discovery, which has completed over 40 programs.
Hupo raised $10 million in Series A funding to scale its AI-powered sales coaching platform for the financial services sector and plans to expand into the U.S.
More than 100 tech startups reached unicorn status in 2025, with most of the new billion-dollar companies focused on AI-related technologies.
OpenAI has acquired health startup Torch, reportedly for $100 million in equity, to integrate the team's "medical memory" technology into its ChatGPT Health service.
Luminar has reached a deal to sell its lidar business for $22 million to Quantum Computing Inc., pending potential higher bids by Monday's deadline.
Harmattan AI raised $200 million in a Series B round led by Dassault Aviation, valuing the French defense technology company at $1.4 billion.
Terra Industries raised $11.75 million led by 8VC to develop autonomous defense systems and protect critical infrastructure across Africa from terrorism and insecurity.
Andreessen Horowitz has raised a little more than $15 billion in new funding, bringing its total assets under management to more than $90 billion.
New York-based data security startup Cyera raised $400 million in a Series F round, pushing its valuation to $9 billion just six months after its previous funding.
GTMfund argues that in the AI-driven startup era, distribution excellence—not just product development—has become the critical competitive moat for new companies.
OpenAI is acquiring the team behind executive coaching startup Convogo in an all-stock deal, marking the AI giant's ninth acquisition in the past year.
Snowflake has announced its intent to acquire observability platform Observe in a deal reportedly valued at around $1 billion to unify telemetry data management.