Thin tape: one tracked disclosed round in the last 7 days — Cyera's $800M Series G extension (2026-11-05) at a reported $12B post-money, led by Goldman Sachs Alternatives' growth equity arm. The $12B mark is unchanged from the previous valuation recorded 2026-09-22, so this reads as an extension at the prior price, not a markup. Weekly capital change is not computable against a zero-round prior week. Sector skew is total: all $800M tracked went to Cybersecurity. Coverage: 2,456 eligible rounds, zero missing weekly amounts or valuations — the thinness is the market data, not a collection gap. Note: a WSJ PE Daily headline (2026-11-10) references a Goldman-led growth investment in a cybersecurity company named 'Daylight'; we cannot reconcile that with the tracked Cyera round and won't guess.
Crosscurrents in the AI complex: SoftBank posted a $7B loss as a tech selloff hit its portfolio, even as it claims Vision Fund 2 is $21.8B ahead — driven, per Open Magazine, largely by one company (OpenAI, which is simultaneously SoftBank's investment, customer and collateral). PitchBook opened its platform to startups for free. Stablecoin card startup Rain launched vaults for AI agents. Nominal reportedly hit a $3B valuation; Morgan Stanley is buying Vinyl per Axios.
Tracked-book trends cover 2,456 eligible disclosed rounds, not the whole market. The week shows 1 round / $800M, all in Cybersecurity; prior week was zero tracked rounds, so percentage change is undefined, not negative. Sector color beyond the tape is thematic only: France's biotech funding hub status, India's October Series A slump attributed mainly to cheque size rather than deal count, and Austrian life-science momentum. Treat all as directional color, not measured market growth.
| Window | Rounds | Disclosed Amounts | Disclosed Capital |
|---|---|---|---|
| Last 24 hours | 0 | 0 | — |
| Last 7 days | 1 | 1 | $800M |
| Previous 7 days | 0 | 0 | — |
Week-over-week disclosed capital: Not comparable. 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 |
|---|---|---|---|---|
| Cybersecurity | 1 | 0 | $800M | Not comparable |
Zipline's valuation reportedly soared on a new raise and expanded Walmart deal (WSJ) — figure not in evidence, flagged not quantified. Crunchbase's unicorn board passed 1,900 companies with 34 October entrants, half under 4 years old — a supply-side datapoint relevant to future exit congestion. The Crunchbase-led Mega-round board: OpenAI $122B, Waymo $16B, Scale AI $14B.
| Company / Round Date | Reported Post-Money | Prior Post-Money / Date | Mark Change | Evidence |
|---|---|---|---|---|
| Cyera 2026-11-05 | $12B | $12B 2026-09-22 | 0.0% | 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.
Thin tape: one tracked disclosed round in the last 7 days — Cyera's $800M Series G extension (2026-11-05) at a reported $12B post-money, led by Goldman Sachs Alternatives' growth equity arm. The $12B mark is unchanged from the previous valuation recorded 2026-09-22, so this reads as an extension at the prior price, not a markup. Weekly capital change is not computable against a zero-round prior week. Sector skew is total: all $800M tracked went to Cybersecurity. Coverage: 2,456 eligible rounds, zero missing weekly amounts or valuations — the thinness is the market data, not a collection gap. Note: a WSJ PE Daily headline (2026-11-10) references a Goldman-led growth investment in a cybersecurity company named 'Daylight'; we cannot reconcile that with the tracked Cyera round and won't guess.
| Date | Company | Round | Amount | Reported Post-Money | Lead | Sector |
|---|---|---|---|---|---|---|
| 2026-11-05 | Cyera | Series G extension | $800M | $12B | Goldman Sachs Alternatives (Growth Equity) | Cybersecurity |
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.
Fund formation is the busier signal. Redalpine closed an oversubscribed $250M Fund VIII (multiple confirmations: Bloomberg, Startupticker, citybiz), targeting AI, robotics and biotech as it marks 20 years. McRock Capital's Fund I is nearing final close after adding a second strategic LP. Counterpoint from the other side of the table: a Korean-language report says 88% of founders receive nothing on exit — a reminder that late-stage marks and headline fund closes don't trickle down uniformly to common holders.
| Lead Investor | Displayed Deals | Associated Round Sizes |
|---|---|---|
| Goldman Sachs Alternatives (Growth Equity) | 1 | $800M |
Total sizes of associated rounds, not the lead investor's check sizes. Investor types are not inferred from their names.
Centerbridge made a $200M hybrid capital investment in Modern Wealth Management (Business Wire, last 24h) — hybrid capital, not a control buyout. PEI flags a thematic push into medtech carve-outs and take-privates. Siemens' Lauterbach purchase and Enghouse's $25.4M MIND C.T.I. deal show strategics active at both ends of the software spectrum. CIBC Innovation Banking provided growth capital to PortX — debt-adjacent, not equity.
Calpers committed over $4B to private debt in Q2 (Alternative Credit Investor) — LP allocation, not startup investment. Certior held a first close on its third small-cap co-invest fund. John Hancock and Great Gray are bringing private markets into target-date CITs — a retail-access channel worth watching. An EU scale-up fund hit a $2.24B first close, with Dealroom noting remaining billions are 'only a pledge' — first closes are not deployed capital.
Active M&A day. CrowdStrike agreed to buy two AI security startups for $495M combined (WSJ, exclusive — deal terms beyond the total are not in evidence). ClickHouse acquired Xata (announced on Xata's own blog). Nvidia is reportedly in talks to acquire or increase investment in Reflection AI, per FT — talks, not a signed deal. Smaller prints: XRHealth buying PursueCare (Modern Healthcare), Enghouse Systems acquiring MIND C.T.I. at a $25.4M value, and Siemens buying Lauterbach to expand semiconductor verification.
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.
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 |
|---|---|---|
| Daytona | 54 → 63 | +9 |
| Prime Intellect | 53 → 59 | +6 |
| TRM Labs | 62 → 57 | -5 |
| Exa | 65 → 61 | -4 |
| Eikon Therapeutics | 46 → 50 | +4 |
| Kalshi | 78 → 75 | -3 |
| Groq | 73 → 70 | -3 |
| DeepSeek | 74 → 71 | -3 |
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: 2026-11-09 · 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 displays persistent, high-conviction capital flows into AI-enabled hardware and cybersecurity, even as broader equity benchmarks experience volatility. There is significant concentration in AI-heavy subsectors, with major funds like Ballistic Ventures and others doubling down on AI-related infrastructure despite macroeconomic uncertainty surrounding inflation data.
🗂️ Dataset updated: added 1 company to the QuantLogix private-companies list — Nominal — 2,772 → 2,773. 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 | +812% | $1.3B | 56 mo ago |
| 2 | Replit | Data / Infra | 86 | High | +471% | $9.0B | 43 mo ago |
| 3 | Kajabi | SaaS | 86 | High | +163% | $2.0B | 66 mo ago |
| 4 | Xendit | Financial Services | 80 | High | +1615% | $2.7B | 54 mo ago |
| 5 | Forter | Fintech | 80 | High | +826% | $3.0B | 66 mo ago |
| 6 | Greenlight | Fintech | 80 | High | +520% | $2.3B | 67 mo ago |
| 7 | Betterment | Fintech | 80 | High | +364% | $1.1B | 43 mo ago |
| 8 | Varo | Fintech | 80 | High | +317% | $2.5B | 62 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.
95 markdowns detected all-time · 22 flagged beforehand · 73 missed · hit rate 23.2%
| Company | Detected | Event | Mark | Called? |
|---|---|---|---|---|
| OpenAI | 2026-11-09 | Mark cut −31.8% | $1250B → $852B | ✓ Flagged #79 · Moderate |
| Kraken | 2026-11-09 | Mark cut −48.3% | $21B → $11B | ✓ Flagged #84 · Moderate |
| TRM Labs | 2026-11-09 | Mark cut −50.0% | $2.0B → $1.0B | ✗ Missed |
| Incode | 2026-11-09 | Mark cut −64.0% | $3.0B → $1.1B | ✗ Missed |
| Current | 2026-11-09 | Mark cut −88.0% | $13B → $1.5B | ✗ Missed |
| Dadi Cinema | 2026-11-02 | Mark cut −10.5% | $3.2B → $2.9B | ✗ Missed |
| OpenAI | 2026-11-02 | Mark cut −10.7% | $1400B → $1250B | ✓ Flagged #72 · Moderate |
| CoinDCX | 2026-11-02 | Mark cut −12.2% | $2.5B → $2.1B | ✗ Missed |
Down-round & valuation headlines scraped at publication from Google News, Hacker News, CNBC, Yahoo Finance and the wider tech press.
Cyera's $800M extension held the $12B post-money from September — a flat price for eight figures of capital is a negotiating win in this tape. Extensions typically carry structural considerations (new money seniority, warrant coverage) not visible in headline terms; read the term sheet, not the press release.
100 of 126 scored names sit on the markdown watch, led by Linktree, Replit and Kajabi at +163% to +812% vs public comps — all High severity. But 2,573 companies are unscored, so the board skews toward whatever has clean comparable data. Absence from the list is not evidence of fair pricing.
CrowdStrike's reported $495M for two AI security startups, days after Cyera's $800M raise, shows the same sector is producing both mega-rounds and sub-$500M exits. Founders with AI-security positioning have two live paths — but CrowdStrike-style tuck-ins are the realistic outcome for most, not a growth-round at a $10B+ mark.
One-deal weeks are signal too: capital is concentrating in late-stage, priced-flat extensions while strategic acquirers clear smaller AI assets at modest multiples. Watch whether Anthropic IPO valuation-cut chatter and SoftBank's loss reset late-stage marks in coming weeks.