Logistics startup Stord doubles valuation to $3 billion
Atlanta-based logistics startup Stord raised $250 million at a $3 billion valuation, doubling its worth from a year ago as it expands its AI-powered e-commerce platform.
Friday, October 16, 2026
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Atlanta-based logistics startup Stord raised $250 million at a $3 billion valuation, doubling its worth from a year ago as it expands its AI-powered e-commerce platform.
Lucra Sports raised a $20 million Series B led by ARK Invest after founder Dylan Robbins adjusted his pitch to address the current venture capital obsession with AI.
SolarSquare is in advanced talks to raise up to $60 million at a potential $450 million to $500 million valuation, signaling growing investor conviction in India’s residential solar market.
Convective Capital raised an $85 million fund to invest in disaster resilience, expanding its mandate beyond wildfire-specific technology to broader physical risk management.
Fragrance tech startup Patina has raised $2 million to develop Sense1, an AI foundation model designed to replicate scent receptors and modernize the fragrance industry.
Hark has raised $700 million in a Series A round at a $6 billion valuation, and expects to release multimodal models and hardware devices starting this summer.
Maka Kids raised $3 million in pre-seed funding to build a streaming app for children ages zero to six that prioritizes developmental well-being over engagement metrics.
London-based Fresha has raised $80 million from KKR, pushing the beauty and wellness booking platform to a valuation of more than $1 billion.
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.