Startup Funding Recap: Disruptive's $10B Fund, Machenta's $40M Seed

Capital moved across funds, seed rounds and venture debt on October 27, with robotics, healthcare and AI infrastructure drawing the most attention. Here are the notable raises.

Funds and Investor News

• Disruptive: $10B fund to make big bets on at least 10 companies, with past backing including Groq and ElevenLabs.
• Aquiti: nearly 60M euros final close of its AVA1 fund for pre-Seed and Seed founders in the Greater Southwest of France.
• Madica: $6M from Flourish Ventures for its startup programme, which still gives each startup up to $200,000 plus 18 months of support.

Separately, Lovable is reportedly offering employees an $80M cash-out at a $13.3B valuation.

Seed and Pre-Seed Rounds

• Machenta: $40M seed for a London robotics startup building an AI model to teach robots physical jobs.
• Atlas Bio: $10M Seed led by Creandum, plus a previously unannounced pre-Seed led by First Momentum Ventures, for a total of about $13M.
• Lette: $6.5M seed to scale AI automation for UK rental operators.
• Querio: about 4M euros ($5M) launch round, with the Seed led by BMW i Ventures.
• Cortas: about 1M euros pre-Seed led by PSV Tech for a Copenhagen PropTech.
• Arctic RAVN: about 3M euros in convertible loan commitments for a Finnish defence startup, ahead of its first product launch.

Series A and Growth Rounds

• Vera Health: $28.5M Series A led by Threshold Ventures, with Optum Ventures participating.
• Cent: $15M Series A for healthtech R&D and clinical team growth.
• Simplismart: $14M from Dallas Venture Capital, Nvidia and others.
• Agora Labs: about 4M euros led by P101 SGR for clinical data infrastructure.
• Troovy: Rs 100 Cr Series B led by Fireside Ventures.
• Live2.ai: Rs 130 Cr pre-Series B led by IvyCap Ventures, including a secondary component.
• Naboo: acquired UK specialist pro-ven after its roughly 59M euro Series B.

Debt and Strategic Capital

• Impress: 40M euros venture debt from the European Investment Bank to expand its digital orthodontics network.
• Lovey: up to about 298M euros credit facility from Pollen Street Capital for SME lending.
• CrissCross: undisclosed investment from Circle Ventures for its stablecoin push.

What the Day Signals

The mix points to a market where capital is concentrating in a few places. Robotics is the clearest example: Crunchbase data shows global robotics funding hit $9.9B in Q3, more than double a year earlier, and a $40M seed for Machenta fits that pattern. Large funds like Disruptive and employee liquidity at Lovable suggest late-stage money is still willing to back perceived winners. Meanwhile, the smaller regional funds and venture debt deals show a quieter track for founders outside the big hubs. Our read is that investors are rewarding applied AI with clear vertical use cases, in health, property and defence, more than generic platforms, while non-dilutive financing is becoming a normal part of scaling.