Startups
Odyssey Therapeutics outlines pipeline progress and cash runway to 2028 at Stifel forum
The biotech firm detailed clinical updates for its OD-001, OD-002 and OD-003 programs, noted a $433 million cash position as of mid‑2024 and projected funding into the second half of 2028.

Tesoro Minerals Raises C$1 Million via Private Placement for Peru Properties
The junior explorer issued 10 million shares at C$0.10 each to fund fieldwork and data compilation at its Rumichaca and Cerro Macho projects in Peru.

Gaming Startup Funding Rises in 2026, Led by AI‑Focused Rounds
Global gaming‑related startups raised roughly $2 billion in seed‑through growth‑stage financing in 2026, surpassing the full‑year 2025 total. Large rounds for AI‑driven 3D generation firms Meshy AI and Decart, plus pure‑gaming companies Nex and Grand Games, drove the increase.

Elroy Air Raises $175M PIPE Ahead of SPAC Merger With Inflection Point
Startup expands private investment commitments to $175 million as it prepares to go public via SPAC merger with Inflection Point Acquisition Corp. VII.

Celularity Raises Over $10 Million in Debt Financing, Targets Cash Flow Positive by Q1 2027
Florham Park-based cell therapy company also restructures roughly $3 million in existing debt and reduces monthly burn by more than $1 million.

Island, Cyera Lead $800M Week of Cybersecurity Funding
Two cybersecurity firms each raised $400 million in the largest U.S. startup funding rounds of the week, topping a list that also included significant bets on AI and biotech.
Nauticus Robotics seeks up to $50M strategic investment
Houston-based Nauticus Robotics outlines a non-binding letter of intent for a potential equity investment to advance autonomous ocean robotics.

Lokahi’s AI Asset Discovery Secures First External Client in Oncology
Lōkahi Therapeutics’ AI-driven pipeline division partners with Innovate GBM to identify glioblastoma therapeutic assets for licensing, marking a shift toward external sponsorships.

Jumbo Series A Rounds Hit Record Pace in 2026
Global Series A rounds of $100 million or more have reached 114 this year, driven overwhelmingly by AI and robotics startups, with total funding around $33 billion.


Brand Engagement Network Raises $1.05 Million in Private Placement
NASDAQ-listed BNAI closes a $1.05M private placement at $8.50 per share, a 20% premium to its recent close, led by returning investors BEN Capital Fund and Joseph Bevash.

Polyrizon Enrolls First Patient in U.S. Allergy Trial
Israeli medical device company marks transition to clinical-stage biotech as it begins testing its NASARIX nasal spray for seasonal allergies in a U.S. trial.

Baselayer secures $35M Series A to verify AI agents
AI‑identity startup Baselayer raised $35 million to launch its Agentic Identity Suite, aiming to let banks and fintechs confirm the legitimacy of AI agents in transactions.

Generational Partners backs AI‑enabled defense and industrial hardware
General partner Van Espahbodi says AI is lowering capital barriers for hard‑tech, prompting software‑focused VCs to chase SpaceX alumni startups in defense, energy and water.

Coiled Therapeutics completes Phase I trial enrollment for AO-252 lipid formulation
Six patients enrolled in dose cohorts testing a new lipid-based softgel formulation of the TACC3 inhibitor AO-252, with initial safety and pharmacokinetic data expected by year-end.

Anthropic's $517bn compute spend and $2tn IPO target contrast with CEO's call to slow AI
Anthropic has committed $517bn to AI compute through August 2026 and aims for a $2tn Nasdaq IPO, even as its CEO urges the industry to temper development speed.

Disseqt AI wins KPMG Tech Award, to compete globally
Disseqt AI Limited, a portfolio company of Mindflair plc, has won the KPMG Global Tech Innovator Ireland competition. The company will represent Ireland at the global final in Lisbon.

San Francisco Tribune Names Top Enterprise AI Startups
The Tribune’s list spotlights startups advancing AI for enterprises, including Unfold, causalens and Kensho Technologies, ahead of the HumanX Amsterdam conference on September 22‑24, 2026.

AI and Semiconductors Power 29 New Unicorns Into August Board
Crunchbase reports 29 companies reached $1B+ valuations in August, adding roughly $63B; AI software and semis led the wave while nine firms departed via IPOs and acquisitions.


How to Measure a Nation's Innovation Economy: The Case of South Korea
Mind the Bridge applies its ecosystem-bracketing methodology to South Korea, ranking it eighth globally with over 3,000 scaleups and nearly 10,000 startups.

BetterLife Pharma Raises ~$100M to Fund Drug Trials
The company priced 447M common shares at CDN$0.25 each, led by Deep Track Capital, to advance its non-hallucinogenic LSD-derivative candidate BETR-001 through Phase 1 and Phase 2 trials.

China's Moonshot Connects Kimi AI Model to Major Financial Data Providers
AI startup behind Kimi model says investment banks and VC firms are using its tools; launches dedicated financial-services tier with access to S&P Global, Wind, SEC filings and more.

Genuro Outlines ALS Therapy Timeline and $5 Million Crowdfund at Moody Capital Event
The biotech firm Genuro outlined a path to an ALS treatment, targeting human‑grade drug production by mid‑2027 and possible FDA approval by 2029, while launching a $5 million Regulation CF crowdfunding campaign run by Moody Capital.

The Boring Company Raises $3 Billion at $23 Billion Valuation
Elon Musk's tunnel-construction startup closes a massive funding round led by UAE investors, tripling its value from 2022.

Fintech Skalar Launches Revenue-Linked Financing for Startup Customer Acquisition
A new fintech firm ties repayment to the actual revenue generated by acquired customers, absorbing shortfalls rather than demanding fixed repayments.









