One disclosed tracked round in the last 7 days: Cyera raised a $400M Series G extension at a reported $12B post-money, led by Blackstone. The valuation is unchanged from its prior mark dated 2026-09-22, so this is capital at a flat price, not an up round. Blackstone shows as the most active lead on the displayed tape, but that figure reflects total round size ($400M), not the size of its own check. Weekly rounds went from 0 to 1; capital_change_pct is null because the prior week had zero deals, not zero dollars. 2,699 tracked companies; coverage covers 2,455 eligible rounds, with no missing weekly amounts or valuations.
Nu Holdings jumped about 12% as investors backed its US launch while the Nasdaq fell — a listed fintech read, not a private round. ULA scrubbed Vulcan's Amazon Leo launch hours before liftoff, retrying Saturday. India and Japan pledged deeper startup and deep-tech cooperation, with Piyush Goyal pitching a $1-billion fund (announcement, not a closed fund). Crunchbase's weekly roundup says agentic AI and infrastructure deals are 'still on a roll,' while Incrypted reports $133M in crypto with a lack of corporate deals. African startups raised $183M in October.
Scope caveat: these totals cover tracked disclosed rounds only, not the whole private market. Weekly: 1 round, $400M (Cyera). Prior week: 0 rounds. All of it sits in Cybersecurity, which flipped from zero the week before — a single-deal sample says little about sector direction. External coverage skews AI-heavy: Crunchbase flags agentic AI and infrastructure as the week's biggest rounds, Traders Union says US AI startups dominated, and Staffing Industry Analysts reports Mercor's $750M raise at a $20B valuation. Read sector concentration as narrow tape, not a market-wide verdict.
| Window | Rounds | Disclosed Amounts | Disclosed Capital |
|---|---|---|---|
| Last 24 hours | 0 | 0 | — |
| Last 7 days | 1 | 1 | $400M |
| 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 | $400M | Not comparable |
Tracked-book post-money marks: 100 companies on the markdown watch; recent events include OpenAI (mark cut -31.8%), Kraken (-48.3%), and TRM Labs (-50%). Mega-round board: OpenAI $122B, Waymo $16B, Scale AI $14B. Markdown Watch top: Linktree, Replit, Kajabi all at score 86/100 (High), priced +801%, +458%, +159% above public comps respectively — 126 scored, 2,573 unscored. External context: ByteDance plans a $6B buyback at roughly $400B, up 20% in a year; SmartNews seeks a Tokyo IPO after an 80% valuation cut; Commonfund execs flag Nvidia turmoil as a possible trigger for broader AI re-evaluation.
| Company / Round Date | Reported Post-Money | Prior Post-Money / Date | Mark Change | Evidence |
|---|---|---|---|---|
| Cyera 2026-11-13 | $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.
One disclosed tracked round in the last 7 days: Cyera raised a $400M Series G extension at a reported $12B post-money, led by Blackstone. The valuation is unchanged from its prior mark dated 2026-09-22, so this is capital at a flat price, not an up round. Blackstone shows as the most active lead on the displayed tape, but that figure reflects total round size ($400M), not the size of its own check. Weekly rounds went from 0 to 1; capital_change_pct is null because the prior week had zero deals, not zero dollars. 2,699 tracked companies; coverage covers 2,455 eligible rounds, with no missing weekly amounts or valuations.
| Date | Company | Round | Amount | Reported Post-Money | Lead | Sector |
|---|---|---|---|---|---|---|
| 2026-11-13 | Cyera | Series G extension | $400M | $12B | Blackstone | 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.
Two threads dominate the last 24 hours. TechCrunch reports VCs and founders saying Jensen Huang's departure has blasted a hole in AI startup funding — reported as a headline claim, not verified. Separately, techpowerup reports an allegation that Nvidia engineered GPU scarcity by funding AI startups to buy its chips; unproven. India's seed funding decline is testing emerging managers, while The 81 Collection closed an $82M fund doubling down on 'boring' industries. Korean founders face a legal-entity hurdle in overseas fundraising. Countervailing signal: Mercor reportedly raised $750M at $20B.
| Lead Investor | Displayed Deals | Associated Round Sizes |
|---|---|---|
| Blackstone | 1 | $400M |
Total sizes of associated rounds, not the lead investor's check sizes. Investor types are not inferred from their names.
European PE fundraising rose even as investment slumped 35% and exits hit a six-year low (AltAssets, last 24h) — capital in, deal flow and liquidity out. TradingView reports AI-native software companies lead on growth but stronger economics have not yet followed. Redesign Health expanded with a growth equity practice. PEI notes HIG and General Catalyst targeting hematology and fragmented healthcare IT. Business Insider (recent context) says a PE giant bought a creator company, signaling the sector's next investment phase. JD Supra's growth-equity docket covers mega-IPOs, new exit paths, and the price of growth.
Canada tapped a senior Bridgewater executive to run its sovereign wealth fund (WSJ, last 24h). Onex closed a $2B first round for a new PE fund as Q3 profit jumped 149%. Georgian Partners wrapped an oversubscribed applied-analytics fund at $200M. Centurium's Suzhou PE fund hit $150M after two new LPs joined. OMERS' global equities EVP Kannan Venkataramani exits at year-end. India's Piyush Goyal pitched a $1B deep-tech fund — a proposal, not a close. Note: fund sizes are AUM, not startup investment commitments.
Acquisition activity continues in AI tooling. Cohere bought AI code-review startup Cubic, extending a reported acquisition spree (BetaKit, last 24h). Metalenz acquired Israeli imaging startup PxE, with its HoloCoder optical tech featured in follow-on coverage. Dealroom reports AI security startup Tensor is taking 90% of Nasdaq-listed RAIN via reverse merger — a public-listing path rather than a conventional sale. Israel-focused VC coverage frames Nvidia's turmoil as an opening for challengers. No transaction values were disclosed in any of these items.
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 |
|---|---|---|
| Labs | 52 → 47 | -5 |
| Together AI | 59 → 62 | +3 |
| Suno | 70 → 67 | -3 |
| Humanoid | 57 → 54 | -3 |
| Agile Robots | 40 → 43 | +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: 2026-11-13 · sources: private-companies.json, investors.json
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 extreme concentration in AI-related infrastructure and agentic research. Despite the sudden departure of Nvidia's CEO creating significant uncertainty regarding future infrastructure funding models, mega-rounds for AI R&D and platform startups like Mirendil and LangChain persist. Investors are showing high conviction in AI's role in the pharmaceutical and deep-tech sectors, as evidenced by the launch of specialized vehicles like Proximal Ventures.
🗂️ Dataset updated: added 1 company to the QuantLogix private-companies list — Mirendil — 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 | +801% | $1.3B | 56 mo ago |
| 2 | Replit | Data / Infra | 86 | High | +458% | $9.0B | 43 mo ago |
| 3 | Kajabi | SaaS | 86 | High | +159% | $2.0B | 66 mo ago |
| 4 | Xendit | Financial Services | 80 | High | +1604% | $2.7B | 54 mo ago |
| 5 | Forter | Fintech | 80 | High | +820% | $3.0B | 66 mo ago |
| 6 | Greenlight | Fintech | 80 | High | +516% | $2.3B | 67 mo ago |
| 7 | Betterment | Fintech | 80 | High | +361% | $1.1B | 44 mo ago |
| 8 | Varo | Fintech | 80 | High | +336% | $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 $400M Series G extension priced at the same $12B post-money as September. Flat extensions buy runway, not validation — Blackstone writing at an unchanged mark is a liquidity commitment, and founders reading it as sector heat should note it is one deal on a near-empty tape.
Reports that Nvidia funded AI startups to buy its GPUs (alleged, not proven) and that Huang's departure is straining AI startup funding change the risk math. If your model or margins depend on vendor-tied compute credit programs, expect investors to stress-test what happens when that subsidy disappears.
European exits at a six-year low, SmartNews IPOing after an 80% cut, and 100 tracked names on markdown watch all point the same way: the exit window sets private marks, not the other way around. Build plans that survive a longer hold; reverse mergers like Tensor/RAIN are one alternative route being used.
A single tracked deal makes this week's tape statistically thin — direction unknown. Watch whether AI funding commentary translates into actual markdowns on the watch board, and whether European exit weakness spreads. Howard Marks' warning on a $600B AI debt rush and Commonfund's re-evaluation flag are the downside counterweights to Mercor-scale raises.