Mega Rounds and Late-Stage Raises
The day's largest announcements were dominated by AI, health tech, and infrastructure plays commanding serious capital.
- Neko Health, the preventive body-scanning company backed by Spotify founder Daniel Ek, raised $700M to expand its whole-body scanning platform and build a new category of proactive healthcare.
- ElevenLabs, the AI audio generation company, completed a $300M employee tender offer that doubled its valuation to $22B in under a year.
- Onomondo, a Copenhagen-based IoT infrastructure and connectivity company, raised more than $100M in a combined investment led by Aspirity Partners, which also acquired a majority stake alongside Denmark's sovereign fund EIFO.
- Voi Technology, the Stockholm-based e-scooter and e-bike sharing company, secured a $150M revolving credit facility with Danske Bank, Swedbank, and DNB Sweden to redeem outstanding bonds and scale its fleet.
- Simple Energy, a Bengaluru-based electric two-wheeler maker, closed a Rs 1,750 crore (approximately $210M) Series C to clear delivery backlogs and expand manufacturing, product development, and retail across India.
AI Infrastructure and Developer Tools
Venture firms and startups alike continued to build out the scaffolding beneath the AI boom.
- Dig Ventures, a European venture fund, raised $120M to back AI infrastructure startups across Europe.
- Restate, a Berlin-based startup building the plumbing behind AI agents and real-time banking data, raised $20M in a Series A.
- BAG Ventures, founded by two Google alumni, closed an $11M Fund I to back enterprise-grade AI startups.
- Zenithon, a UK AI startup, raised $10M to develop world models for extreme physics simulations.
Industrial Tech and Robotics
Hardware-meets-software plays attracted consistent attention from European investors.
- Inbolt, a Paris-based robot intelligence company, raised $11M led by Shift4Good, with participation from Bridges Climate Transition Partners, to fund US and APAC expansion and entry into data centres and electronics manufacturing.
- Blackswan Space, a Lithuanian autonomous spacecraft navigation startup, raised $3M in a seed round led by Iron Wolf Capital.
- Everphone, a Berlin-based Device-as-a-Service provider, secured $15M in refinancing from Commerzbank and KfW to issue new workplace devices to corporate clients.
Early-Stage and Emerging Market Raises
Smaller rounds across Africa, India, and Europe signaled continued activity at the seed and Series A end of the market.
- Gravity, an Indian home interiors startup, raised $15M led by 3one4 Capital and Info Edge Ventures to strengthen technology, distribution, and category expansion.
- Blue Health Intelligence, an Amsterdam-based preventive health startup, raised $3M led by Knop Investments for European expansion.
- Ororo Waste, a Nigerian used cooking oil recycling firm, raised $1M from Rising Tide Africa to scale its waste-stream business.
- Ahron, a Munich-based HR automation startup, raised $2M led by Cusp Capital.
- Tryp.com, a travel tech platform built by six engineering students that has reached 10M users, raised $2M led by Point Capital Partners.
- KHOY, a Helsinki-based direct-to-consumer furniture company known for vacuum-packed sofa beds, raised $2M led by Virta Equity.
- WillJini, an Indian estate-planning startup, raised a first round at a $3.5M valuation without pitching a single traditional VC, relying instead on batchmates, friends, and channel partners.
Editorial Perspective
The October 1 funding snapshot points to a few durable themes. Preventive health is becoming a genuine investment category, not a novelty, with Neko Health's $700M raise and Blue Health Intelligence's European seed round sitting on the same continuum. AI infrastructure continues to attract both fund-level capital, as with Dig Ventures, and company-level Series A rounds, as with Restate and Zenithon, suggesting that the picks-and-shovels layer of the AI economy still has room to grow. Meanwhile, the ElevenLabs tender offer doubling its valuation to $22B in under a year is a reminder that secondary liquidity is increasingly part of the fundraising toolkit, allowing employees to capture gains without a public listing. Across the board, capital is flowing to companies building durable infrastructure, whether that means robot vision, IoT connectivity, or the legal scaffolding for estate planning in underserved markets.