Freshest dated rounds run Oct 8–12: 12 deals, $1.6B disclosed. Two outliers dominate — TypeSafe AI's $870M 'Series A' at a $7.5B valuation (a16z) and Atlas Atomics' $400M Series A at $1.9B (General Catalyst) — roughly 79% of disclosed capital. Strip those and the remaining ten rounds total ~$310M, including Hone's $60M seed at $285M (Benchmark) and Kapta Space's $24M. The tracked weekly counter reads 0 rounds/$0 versus 48 rounds/$3.47B the prior week; with the window flagged quiet, treat that -100% as a dating gap in the feed, not evidence of a market halt. Lead counts reflect total round sizes, not individual checks.
WSJ reports Nvidia-backed doubleAI launched a model aimed at cutting compute costs — a direct attack on the sector's biggest expense line. MiniMax quietly released M3.1-Flash after weeks as the mystery 'Space Bunny' model. Early-stage flow outside the tracked tape remains active but small: So/Facet raised Rs 10 crore (Sauce), Hunar raised ₹40 Cr for frontline-hiring AI, and Round raised £4M. Ecosystem plumbing: an Elevix–Pink Camel GCC talent/capital partnership and a NITDA push for corporate deals and funding for Nigerian startups.
Crunchbase: LatAm startup funding jumped 26% in Q3 as VCs 'rediscover' the region. EY's MedTech report shows record industry revenues of $650B in 2025 with AI still the focus. Counter-signal: Portugal's M&A market is slumping as investment slows. Important caveat on our own sector table: all eight tracked sectors show 0 rounds and $0 this week against positive prior-week figures — with the quiet-window label, that is a timing/dating artifact of the freshest-dated-rounds window, not a measured sector collapse.
| Window | Rounds | Disclosed Amounts | Disclosed Capital |
|---|---|---|---|
| Last 24 hours | 0 | 0 | — |
| Last 7 days | 0 | 0 | — |
| Previous 7 days | 48 | 47 | $3.5B |
Week-over-week disclosed capital: -100.0%. 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 | 0 | 15 | — | -100.0% |
| Space | 0 | 2 | — | -100.0% |
| Enterprise Software | 0 | 5 | — | -100.0% |
| Robotics | 0 | 1 | — | -100.0% |
| Energy | 0 | 2 | — | -100.0% |
| Fintech | 0 | 6 | — | -100.0% |
| AI Infrastructure | 0 | 1 | — | -100.0% |
| Semiconductors | 0 | 1 | — | -100.0% |
Lead item: Tenstorrent raised a $1.5B Series E at a $6.2B valuation — Reuters says the AI chip startup more than doubled its valuation. Multiple outlets (Quartz, Data Center Dynamics) corroborate size and price; treat as announced/closed per the reports. Liquidity infrastructure: Eqvista launched company-sponsored tender offers, expanding private-market liquidity options. On the bear side, Nscale's IPO stumbled with a 40% valuation cut after Microsoft pulled out. Our Markdown Watch board: Linktree 86/100 (+716% vs public comps), Replit 86/100 (+289%), Kajabi 81/100 (+135%); 126 of 2,699 companies scored.
No round-specific post-money valuations captured in the last seven days.
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.
Freshest dated rounds run Oct 8–12: 12 deals, $1.6B disclosed. Two outliers dominate — TypeSafe AI's $870M 'Series A' at a $7.5B valuation (a16z) and Atlas Atomics' $400M Series A at $1.9B (General Catalyst) — roughly 79% of disclosed capital. Strip those and the remaining ten rounds total ~$310M, including Hone's $60M seed at $285M (Benchmark) and Kapta Space's $24M. The tracked weekly counter reads 0 rounds/$0 versus 48 rounds/$3.47B the prior week; with the window flagged quiet, treat that -100% as a dating gap in the feed, not evidence of a market halt. Lead counts reflect total round sizes, not individual checks.
| Date | Company | Round | Amount | Reported Post-Money | Lead | Sector |
|---|---|---|---|---|---|---|
| 2026-10-12 | Ambi | Pre-Series A | $26M | — | Luminous Ventures | AI |
| 2026-10-09 | Hone | Seed | $60M | $285M | Benchmark | AI |
| 2026-10-09 | Kapta Space | Series A | $24M | — | Washington Harbour Partners | Space |
| 2026-10-09 | Klarent | Seed | $8M | — | Mosaic Ventures | Enterprise Software |
| 2026-10-09 | Meticulous | Series A | $15M | — | Chemistry | Enterprise Software |
| 2026-10-09 | TypeSafe AI | Series A | $870M | $7.5B | Andreessen Horowitz | AI |
| 2026-10-09 | Ultra | Series A | $50M | — | Framework Ventures | Robotics |
| 2026-10-08 | Atlas Atomics | Series A | $400M | $1.9B | General Catalyst | Energy |
| 2026-10-08 | Catalyst | Seed | $30M | — | Sequoia Capital | Fintech |
| 2026-10-08 | Fortastra | Series A | $30M | — | First In | Space |
| 2026-10-08 | GUDEA | Seed | $7M | — | Mudita Venture Partners, Collide Capital | AI |
| 2026-10-08 | KONST | Series B | $30M | — | ADATA Technology | AI Infrastructure |
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.
Fundraising continues at the early end: Pear VC closed $333M for a deliberately smaller fifth fund and promoted three executives to GP; Nauta Capital took a €60M first close on its sixth fund with the British Business Bank anchoring; Enzo Ventures doubled down with a new €20M vehicle. Policy pressure is building in Europe — German VCs are calling for €15B in annual funding to build the next generation of tech giants. Distribution innovation: Robinhood launched a fund giving retail investors access to private companies.
| Lead Investor | Displayed Deals | Associated Round Sizes |
|---|---|---|
| Andreessen Horowitz | 1 | $870M |
| General Catalyst | 1 | $400M |
| Benchmark | 1 | $60M |
| Framework Ventures | 1 | $50M |
| Sequoia Capital | 1 | $30M |
| First In | 1 | $30M |
| ADATA Technology | 1 | $30M |
| Luminous Ventures | 1 | $26M |
Total sizes of associated rounds, not the lead investor's check sizes. Investor types are not inferred from their names.
Clinical Ink secured growth equity from Ardan Equity and GI Partners at a reported $500M+ valuation (announced in the last 24h; Dealroom corroborates the valuation figure). Carlyle is acquiring a $7.7B personal loan portfolio from Truist, per Sidley's deal announcement. Structural: Bloomberg reports Wall Street banks are pitching 'forever funds' for private-equity assets — another channel blurring the liquidity line between private and public. Treat deal terms as reported figures, not confirmed post-money marks unless stated.
Blackstone closed Energy Transition Partners V at $8.7B — explicitly at hard cap, so this is a confirmed close, not a target. Jio's IPO drew Rs 2.5 lakh crore in anchor bids from 70+ investors, a scale signal for the India public-private pipeline. Allocations: VRS deployed $1.3bn across credit, public and private equities; Indosuez targets €18B in private markets as Tiera Capital turns 25. Elsewhere: Tokyo Tatemono is selling office-building stakes to a REIT, and the Climate Investment Fund invested in Philippine solar.
Two disclosed tech deals in the last 24h: Anthropic acquired confidential-computing startup Opaque Systems (terms undisclosed) and Boomi bought Israeli startup Elementary for a reported $40–45M. Adjacent defense signal: EraDrive landed a $13M DoD award for its autonomy module. Watch items: SpaceX/Tesla earnings will test Musk's AI spending ambitions as merger talk grows; Tracxn counts $1.3B raised by auto-tech companies in 2026 so far; Tech.eu tallied 65+ European deals worth over €1.8B last week.
Funding headlines from outside the tracked book — sourced links, not QL data.
The largest recent private rounds ($100M+) across the tracked book — 2376 ranked. Full board: quantlogix.ai/mega-rounds.
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: 2026-10-18 · sources: private-companies.json, investors.json
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Weekend — payload available; weekday auto-DM is Mon–Fri 8:00 AM PT.
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 displays high valuation volatility and capital concentration in AI infrastructure, with startups like Etched and Instinct commanding multi-billion dollar premiums shortly after previous raises. Meanwhile, regional hubs like Seattle and India-based industrial tech are seeing steady activity, though liquidity remains an uncertainty as evidenced by capital management processes at firms like Ortelius and data center IPO delays for companies like Nscale.
🗂️ Dataset updated: added 1 company to the QuantLogix private-companies list — Scimplify — 2,699 → 2,700. Append-only.
100 tracked names flagged for markdown risk — 126 scored nightly, 2573 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 | +716% | $1.3B | 55 mo ago |
| 2 | Replit | Data / Infra | 86 | High | +289% | $9.0B | 42 mo ago |
| 3 | Kajabi | SaaS | 81 | High | +135% | $2.0B | 65 mo ago |
| 4 | Xendit | Financial Services | 80 | High | +1692% | $2.7B | 53 mo ago |
| 5 | Forter | Fintech | 80 | High | +868% | $3.0B | 65 mo ago |
| 6 | Greenlight | Fintech | 80 | High | +548% | $2.3B | 67 mo ago |
| 7 | Betterment | Fintech | 80 | High | +385% | $1.1B | 43 mo ago |
| 8 | Varo | Fintech | 80 | High | +309% | $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.
80 markdowns detected all-time · 19 flagged beforehand · 61 missed · hit rate 23.8%
| Company | Detected | Event | Mark | Called? |
|---|---|---|---|---|
| KuCoin | 2026-10-19 | Mark cut −50.0% | $20B → $10B | ✗ Missed |
| Replicate | 2026-10-19 | Mark cut −96.1% | $9.0B → $350M | ✓ Flagged #59 · Elevated |
| Homeward | 2026-10-12 | Down round −4.4% | $837M → $800M | ✗ Missed |
| Mistral AI | 2026-10-12 | Mark cut −41.7% | $24B → $14B | ✓ Flagged #47 · Elevated |
| Applied Compute | 2026-10-12 | Mark cut −56.7% | $3.0B → $1.3B | ✓ Flagged #32 · Elevated |
| 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 |
Down-round & valuation headlines scraped at publication from Google News, Hacker News, CNBC, Yahoo Finance and the wider tech press.
TypeSafe AI's $870M 'Series A' at $7.5B and Atlas Atomics' $400M Series A sit in the same stage bucket as $24M Kapta Space. When two deals carry ~79% of a week's disclosed capital, stage labels are marketing, not milestones. Price your round off milestones and comps, not the label a mega-round dragged upward.
Nscale's IPO reportedly took a 40% valuation cut after Microsoft pulled out — public markets are repricing AI infrastructure paper mid-deal. Our Markdown ledger already holds 100 companies on watch, with Replicate marked down 96.1% and KuCoin cut 50%. Raise assuming today's mark is a ceiling until proven otherwise, not a floor.
Robinhood launched a retail-access fund for private companies and Eqvista rolled out company-sponsored tender offers. For founders, that means employee and early-investor liquidity pressure will arrive earlier and from new directions. Get your transfer, information-rights and tender-offer mechanics documented before someone else sets them for you.
Concentration is the story: two outlier rounds carried most of the week's disclosed capital while the tracked weekly counter reads zero on a quiet window — verify before extrapolating. Tenstorrent's doubling and Blackstone's hard-cap close show demand at the top; Nscale's IPO cut and the markdown ledger show the penalty for pricing ahead of proof. Expect liquidity-product news (tender offers, retail vehicles) to keep reshaping secondary pricing.