Money is still pouring into artificial intelligence. This page tracks the rounds and valuations TSN has reported, from seed deals to the reported talks at the very top of the market.
The biggest number is still unconfirmed. Reuters reported on 19 October that OpenAI is racing to close a round of about $30 billion before Anthropic’s expected stock market debut in mid-November, which could value it at over $1.4 trillion. No round has been announced. In China, Caijing reported that DeepSeek is close to raising about 100 billion yuan, and Bloomberg reported that Isomorphic Labs is in early talks at a valuation of at least $40 billion. These are reports based on unnamed sources, not closed deals.
The confirmed rounds show where investors are placing bets. Infrastructure is one theme: Tenstorrent said it closed a $1.5 billion Series E at a $6.2 billion post-money valuation, and Modal raised $750 million at $15.75 billion. Applications are another, with Ramp valued at $60 billion and TypeSafe AI at $7.5 billion. Robotics and physical AI form a third, with Eka Robotics valued at $1.45 billion and Astribot at RMB 15 billion.
Valuation figures need care. Some are post-money, some pre-money, and some come from employee share sales rather than new investment, as with Anduril’s reported tender at roughly $90 billion. TSN marks which figures a company confirmed and which come from press reports.
Where things stand: the round to watch is OpenAI’s, and the timing of Anthropic’s listing may shape it. Below that, the pace has held: on 20 October alone, ASI, Blackwall, Arda and Eka Robotics announced rounds at valuations of $1.45 billion or more.
Timeline
October 2026
- 21 Oct 2026: Watchtower Labs Emerges With $35m Seed to Build AI for Military LogisticsSeattle start-up Watchtower Labs has left stealth with a $35m seed led by Shield Capital and Conviction to build AI planning tools for military…
- 21 Oct 2026: Legora Raises $550m at $8.8bn as It Claims More Than $200m in ARRSwedish legal AI firm Legora has raised $550m in a Series E led by Atreides at an $8.8bn valuation, and says annual recurring revenue…
- 21 Oct 2026: Anthropic’s Draft IPO Filing Shows $16.3bn Half-Year Revenue, WSJ ReportsAnthropic made $16.3bn in first-half revenue and lost $80.7bn, mostly non-cash, a draft IPO prospectus seen by the WSJ shows. It is not public.
- 20 Oct 2026: ASI Raises $325m at $3bn for AI Aimed at Air Traffic, Grids and DefenceBoston's ASI has raised a $325m Series C at a $3bn valuation, led by Spark Capital, to expand AI that models air traffic, grids…
- 20 Oct 2026: Daytona Raises $60M at $1B Valuation for AI Agent Cloud, Fortune ReportsDaytona, which runs cloud sandboxes for AI agents, has raised a $60m Series B at a $1bn valuation led by FirstMark, Fortune and Tech.eu…
- 20 Oct 2026: Ex-OpenAI Research Chief’s Arda Raises $230M at $1.5B Valuation, CNBC SaysBob McGrew's manufacturing AI start-up Arda says it has raised $230m at a $1.5bn valuation, led by Altimeter, Accel and Khosla, it told CNBC.
- 20 Oct 2026: Reliable Robotics Raises $115m as It Pushes for FAA Approval, TechCrunch ReportsReliable Robotics has raised $115m, taking its valuation beyond $1bn, TechCrunch reports, as the start-up seeks FAA certification for autonomous flight.
- 20 Oct 2026: Eka Robotics Valued at $1.45bn After $150m Series A, TechCrunch SaysEka Robotics has raised a $150m Series A at a $1.45bn post-money valuation led by a16z and F-Prime, TechCrunch reports, for a force-based robot…
- 20 Oct 2026: Otter.ai Takes $320M It Must Repay, Not Equity, to Push Into EnterpriseOtter.ai has closed $320M in growth financing from General Catalyst's Customer Value Fund. It is repayable, not equity: no shares sold, no valuation set.
- 20 Oct 2026: AlphaGo Co-Creator Thore Graepel Launches London AI Start-Up Metis ReasoningAlphaGo co-creator Thore Graepel has launched London AI start-up Metis Reasoning, Tech.eu and Sifted report. It is reportedly raising tens of millions.
- 20 Oct 2026: Blackwall Reportedly Raises $100M at $2.2B Valuation to Tame AI-Agent TrafficEstonia's Blackwall raised $100M at a $2.2B valuation to help web hosts police bot and AI-agent traffic, TechCrunch reports. AVP led the Series C.
- 20 Oct 2026: Dream Labs Exits Stealth With $90M Seed and a Public API for Its Robot ModelRobotics start-up Dream Labs exits stealth with a $90M seed and Dream-1, a robot model on a public API from $3 an hour. Capability…
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Key moments
- 20 Oct 2026: ASI raises $325m in a Series C at a $3bn valuation, led by Spark Capital
- 20 Oct 2026: Arda raises $230m at a $1.5bn valuation, the company tells CNBC
- 20 Oct 2026: Eka Robotics closes a $150m Series A at $1.45bn post-money, TechCrunch reports
- 20 Oct 2026: Blackwall raises $100m at a $2.2bn valuation, TechCrunch reports
- 19 Oct 2026: OpenAI is racing to close a round of about $30bn before Anthropic’s listing, Reuters reports
- 19 Oct 2026: Tenstorrent says it has closed a $1.5bn Series E at $6.2bn post-money
- 15 Oct 2026: Ramp raises $1.85bn led by Dragoneer at a $60bn valuation
- 14 Oct 2026: Modal raises a $750m Series D at $15.75bn post-money, led by Accel
- 14 Oct 2026: Anduril holds an employee tender at roughly $90bn, Bloomberg reports
- 13 Oct 2026: DeepSeek is close to raising about 100bn yuan, Caijing reports
- 13 Oct 2026: Astribot raises about RMB 1bn at a RMB 15bn valuation, PEdaily reports
- 12 Oct 2026: SWI Group raises €800m at a €6.1bn valuation
- 9 Oct 2026: TypeSafe AI raises $870m at a $7.5bn valuation, led by a16z
- 8 Oct 2026: Arena announces a $200m Series B at a $3.1bn valuation
- 8 Oct 2026: Isomorphic Labs is in early talks at a valuation of at least $40bn, Bloomberg reports
