Twelve tracked deals, $803M disclosed. Largest: Vinci's $250M Series B at a reported $1.5B post-money (Advent, Temasek & Xora Innovation) and Valon's $150M Series D at $2.3B (Ribbit Capital). Type One Energy raised $200M (Breakthrough Energy Ventures, Clutterbuck Capital); Spiko $90M Series B (NEA); Hadrian $40M growth (Forgepoint Capital International & SmartFin); RobCo a $40M secondary pairing partial employee liquidity with new money at a reported $1.0B post-money. Andreessen Horowitz led Ghost's $11M seed; General Catalyst led Minerva Humanoids' $10M pre-seed; Polygrade ($6M) and Zeroset ($5M) also raised. Reactor's expanded Series A and Armada's Series B are undisclosed. Lead figures are total round sizes, not individual checks. Last-24h deals outside the tracked tape: Vest $13M, Melius $20M, Siena $17M Series A.
Last 24h: Pentagon joined a $134M raise for a rare-earth-magnet iron startup (WSJ); Oura delayed its IPO (Fortune); Skyrora pushed its orbital launch timeline to 2030 — a slip, not acceleration. Funding: Vest raised $13M (Fortune exclusive); ex-Ramp engineers raised $20M for Melius after scrapping their first product (TechCrunch); Siena closed a $17M Series A led by York IE; Pandektes raised €13.5M for AI legal research; Desible.ai raised Rs 32 Cr led by Prime Venture Partners. Conway Research launched transaction-monetized AI assistant Underdog; 247VC partnered with Chandigarh University on quantum startup investment.
Weekly tracked capital of $144.49B across 25 rounds is concentrated in a single AI mega-round (~$142.1B); ex-that item, remaining disclosed activity is roughly $2.4B — the +1,474.6% weekly change and AI's +1,622.5% are single-deal artifacts, not market moves. Ex-AI: Automotive $1.05B, Fintech $350M, Cybersecurity $333.5M, Enterprise Software $276.5M, Energy $200M. Defense momentum continued: Anduril won a $2.9B Navy contract and Europe's defense startup funding is projected to quadruple (Ukraine Business News). Africa funding reportedly shifting from debt back to equity. Scope: 2,635 tracked companies, not the whole market.
| Window | Rounds | Disclosed Amounts | Disclosed Capital |
|---|---|---|---|
| Last 24 hours | 0 | 0 | — |
| Last 7 days | 25 | 22 | $144B |
| Previous 7 days | 25 | 25 | $9.2B |
Week-over-week disclosed capital: +1474.6%. All eligible tracked rounds are included, independently of the 12-company display limit below. Missing amounts are excluded from capital totals, not estimated. Date-only records use midnight UTC; these are rolling windows, not calendar-day totals.
| Sector | 7d Rounds | Prior 7d Rounds | 7d Disclosed Capital | Capital Change |
|---|---|---|---|---|
| AI | 6 | 5 | $142B | +1622.5% |
| Automotive | 1 | 0 | $1.1B | Not comparable |
| Fintech | 3 | 2 | $350M | +560.4% |
| Cybersecurity | 4 | 2 | $334M | +1984.4% |
| Enterprise Software | 5 | 0 | $277M | Not comparable |
| Energy | 1 | 0 | $200M | Not comparable |
| Semiconductors | 1 | 0 | $88M | Not comparable |
| Industrial Tech | 2 | 0 | $50M | Not comparable |
New reported post-money marks: Vinci $1.5B (Series B), Valon $2.3B (Series D), RobCo $1.0B — RobCo's mark doubled from $500M on 2026-01-01 per tracked data. Markdown ledger: 100 names on watch; recent cuts Unacademy -5.5%, Abridge -6.8%, Kling AI -10%. Watch board top: Linktree, Replit, Kajabi each 86/100, implying +151% to +773% gaps vs public comps. Recent context: Groq raised $350M at $3.5B while pivoting to neocloud; Veeda Lifesciences explores a majority stake sale at up to $400M. Coverage is thin: 125 of 2,635 scored; 22 weekly valuations missing.
| Company / Round Date | Reported Post-Money | Prior Post-Money / Date | Mark Change | Evidence |
|---|---|---|---|---|
| Vinci 2026-10-06 | $1.5B | Unavailable | Not comparable | Tracked roster; source link unavailable |
| RobCo 2026-10-05 | $1.0B | $500M 2026-01-01 | +100.0% | Tracked roster; source link unavailable |
| Valon 2026-10-05 | $2.3B | Unavailable | Not comparable | Tracked roster; source link unavailable |
Historical round marks are not replaced with today's company valuation. Mark changes compare disclosed post-money levels, not investor returns; dilution and financing terms may differ. Secondary indications, fund marks and enterprise values in linked reporting are separate evidence, not interchangeable round valuations.
Disclosed round capital in the window. Undisclosed amounts count as zero.
Disclosed rounds in the window · every bar opens the company's live page.
Twelve tracked deals, $803M disclosed. Largest: Vinci's $250M Series B at a reported $1.5B post-money (Advent, Temasek & Xora Innovation) and Valon's $150M Series D at $2.3B (Ribbit Capital). Type One Energy raised $200M (Breakthrough Energy Ventures, Clutterbuck Capital); Spiko $90M Series B (NEA); Hadrian $40M growth (Forgepoint Capital International & SmartFin); RobCo a $40M secondary pairing partial employee liquidity with new money at a reported $1.0B post-money. Andreessen Horowitz led Ghost's $11M seed; General Catalyst led Minerva Humanoids' $10M pre-seed; Polygrade ($6M) and Zeroset ($5M) also raised. Reactor's expanded Series A and Armada's Series B are undisclosed. Lead figures are total round sizes, not individual checks. Last-24h deals outside the tracked tape: Vest $13M, Melius $20M, Siena $17M Series A.
| Date | Company | Round | Amount | Reported Post-Money | Lead | Sector |
|---|---|---|---|---|---|---|
| 2026-10-06 | Hadrian (Offensive Security) | Growth | $40M | — | Forgepoint Capital International & SmartFin | Cybersecurity |
| 2026-10-06 | Minerva Humanoids | Pre-seed | $10M | — | General Catalyst | Industrial Tech |
| 2026-10-06 | Polygrade | Seed | $6M | — | Construct Capital | Enterprise Software |
| 2026-10-06 | Spiko | Series B | $90M | — | New Enterprise Associates (NEA) | Fintech |
| 2026-10-06 | Type One Energy | Series B | $200M | — | Breakthrough Energy Ventures, Clutterbuck Capital | Energy |
| 2026-10-06 | Vinci | Series B | $250M | $1.5B | Advent, Temasek & Xora Innovation | Enterprise Software |
| 2026-10-06 | Zeroset | Pre-seed | $5M | — | Gradient & 2048 Ventures | Enterprise Software |
| 2026-10-05 | Ghost | Seed | $11M | — | Andreessen Horowitz | AI |
| 2026-10-05 | Reactor | Series A (expanded) | — | — | Lightspeed Venture Partners | Enterprise Software |
| 2026-10-05 | RobCo | Secondary (partial employee liquidity + new investment) | $40M | $1.0B | — | Industrial Tech |
| 2026-10-05 | Valon | Series D | $150M | $2.3B | Ribbit Capital | Fintech |
| 2026-10-01 | Armada | Series B | — | — | — | Defense |
Where the window's activity sits on the funding ladder: deal count (solid) against disclosed capital (faded) per stage, with the companies behind each cluster. Stages come from the reported round labels; undisclosed amounts count as zero capital.
The Pentagon joined a $134M raise for a startup producing U.S. iron for rare-earth magnets (WSJ, last 24h) — strategic/government capital continuing to enter venture rounds. Oura delayed its IPO (Fortune), a liquidity-timing data point. Forbion closed $2.6B across two biotech venture funds. The Information reports Lightspeed's top fundraiser decamping to a firm that buys seed funds' pro rata — secondary/pro-rata economics remain contested. Note: fund closes are commitments, not startup deployments.
| Lead Investor | Displayed Deals | Associated Round Sizes |
|---|---|---|
| Advent, Temasek & Xora Innovation | 1 | $250M |
| Breakthrough Energy Ventures, Clutterbuck Capital | 1 | $200M |
| Ribbit Capital | 1 | $150M |
| New Enterprise Associates (NEA) | 1 | $90M |
| Forgepoint Capital International & SmartFin | 1 | $40M |
| Andreessen Horowitz | 1 | $11M |
| General Catalyst | 1 | $10M |
| Construct Capital | 1 | $6M |
Total sizes of associated rounds, not the lead investor's check sizes. Investor types are not inferred from their names.
Spectrum Equity invested in Symmetric Health Solutions to expand its healthcare data platform (terms undisclosed). East Africa Foods raised $40M. H.I.G. Capital acquired Rothschenk (Hogan Lovells and Cadwalader advising). Redhawk Federal Solutions secured Regions Bank financing to support its Geneva Software acquisition. South China Morning Post reports family offices broadening into PE, infrastructure and alternatives. SoundThinking is to be taken private by Transom Capital (WSJ) — a take-private announced, not closed. All items last 24h.
Conversant Capital closed its inaugural opportunistic fund above $845M (PR Newswire, PERE). Forbion raised $2.6B across two biotech venture funds. Texas Teachers assigned over $500M across PE and real assets; Penn SERS backed a new PE manager despite losses in the asset class. IOI Properties and CapitaLand Investment moved closer to a joint acquisition of One Raffles Place. Fund closes and LP allocations are commitments — not startup investment and not deployment pace.
Terms undisclosed on all items: SAP agreed to acquire skills-intelligence startup TechWolf to augment SuccessFactors HCM (multiple outlets, last 24h); Automation Anywhere agreed to acquire conversational-AI firm Boost.ai; Mitratech acquired BotDojo amid an Austin legal-tech merger; Temporal acquired an AI cybersecurity startup after its latest funding round. All are announcements, not closings. Context: The Recursive's 'silent M&A wave' piece argues a sale is beating the next raise for some companies — directionally consistent with today's print, but no disclosed deal values support size claims.
Funding headlines from outside the tracked book — sourced links, not QL data.
The largest recent private rounds ($100M+) across the tracked book — 2282 ranked. Full board: quantlogix.ai/mega-rounds.
Biggest overnight changes in the graded company score — scores only move when disclosed data moves, and every repricing grades the score that was standing.
| Company | Score | Δ |
|---|---|---|
| Valon | 49 → 57 | +8 |
| Etched | 63 → 67 | +4 |
Display-only private-markets tape from the tracked roster — formations, priced fundraises, valuation marks, and U.S. VC lead activity. No inferred amounts; empty sections stay empty.
Window: 2026-10-07 · sources: private-companies.json, investors.json
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No in-tree private-market events matched the report window; amounts and valuations were not inferred.
The Silicon Valley Private Market Daily — the 8pm PT desk close: qualified raises, roster re-rates and sector velocity from the QL private-market pipeline.
The private market exhibits strong concentration in capital-intensive AI and deep-tech sectors, exemplified by large raises for Vinci ($250M) and Type One Energy ($200M). Uncertainty remains regarding long-term valuations for capital-heavy infrastructure startups as investors shift focus toward deterministic, revenue-generating solutions, as noted in the BAG Ventures fund launch strategy.
🗂️ Dataset updated: no new closed rounds to add; list holds at 2,635.
100 tracked names flagged for markdown risk — 125 scored nightly, 2510 left unscored (no comp bridge). Down rounds are recorded in the open ledger — receipts only work in public. Live boards: markdown-watch · down-round-ledger.
| # | Company | Sector | Risk Score | Band | Vs Comps | Last Mark | Last Round |
|---|---|---|---|---|---|---|---|
| 1 | Linktree | SaaS | 86 | High | +773% | $1.3B | 55 mo ago |
| 2 | Replit | Data / Infra | 86 | High | +246% | $9.0B | 41 mo ago |
| 3 | Kajabi | SaaS | 86 | High | +151% | $2.0B | 65 mo ago |
| 4 | Xendit | Financial Services | 80 | High | +1764% | $2.7B | 53 mo ago |
| 5 | Forter | Fintech | 80 | High | +907% | $3.0B | 65 mo ago |
| 6 | Greenlight | Fintech | 80 | High | +574% | $2.3B | 66 mo ago |
| 7 | Betterment | Fintech | 80 | High | +405% | $1.1B | 42 mo ago |
| 8 | Varo | Fintech | 80 | High | +288% | $2.5B | 61 mo ago |
Nightly score: comp-bridge premium (45%) · round staleness (30%) · IPO-readiness drag (15%) · funding deceleration (10%). Companies without a computable public-comp bridge stay unscored — never guessed.
75 markdowns detected all-time · 16 flagged beforehand · 59 missed · hit rate 21.3%
| Company | Detected | Event | Mark | Called? |
|---|---|---|---|---|
| Unacademy | 2026-10-05 | Mark cut −5.5% | $218M → $206M | ✗ Missed |
| Abridge | 2026-10-05 | Mark cut −6.8% | $5.7B → $5.3B | ✓ Flagged #38 · Elevated |
| Kling AI | 2026-10-05 | Mark cut −10.0% | $20B → $18B | ✓ Flagged #16 · Elevated |
| Guild Education | 2026-10-05 | Mark cut −14.8% | $4.4B → $3.8B | ✗ Missed |
| Harness | 2026-10-05 | Mark cut −14.8% | $5.5B → $4.7B | ✓ Flagged #60 · Elevated |
| OfBusiness | 2026-10-05 | Mark cut −20.0% | $5.0B → $4.0B | ✗ Missed |
| o9 Solutions | 2026-10-05 | Mark cut −27.0% | $3.7B → $2.7B | ✗ Missed |
| Houzz | 2026-10-05 | Mark cut −54.3% | $4.0B → $1.8B | ✗ Missed |
Down-round & valuation headlines scraped at publication from Google News, Hacker News, CNBC, Yahoo Finance and the wider tech press.
RobCo's $40M round bundled partial employee liquidity with new money at a reported $1.0B post-money, double its January mark. Secondaries paired with primaries are becoming a retention tool through longer private holding periods — worth modeling before you need it, not after.
The Pentagon's participation in a $134M rare-earth raise and Advent, Temasek and Xora leading Vinci's $250M Series B show non-traditional capital taking lead roles in defense, industrial and hardware-adjacent deals. Weigh speed and signaling against dilution and export-control constraints.
Unacademy (-5.5%), Abridge (-6.8%) and Kling AI (-10%) took recent markdowns and 100 names sit on the watch list. If your next raise leans on your last round's valuation, stress-test it against public comps — the board's 86/100 names imply +151% to +773% gaps.
A bifurcated tape: one mega-round inflates weekly totals while the core mid-market prints $803M across 12 deals, with fintech, energy and defense taking outsized slices. M&A is doing the liquidity work IPOs won't — Oura's delay is the caution flag. Watch mark discipline: cuts at Abridge and Kling AI signal repricing risk spreading beyond the watch list.