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• PicoJool, a Palo Alto, Calif.-based semiconductor laser diode startup, raised $27.5m. Socratic Partners led, joined by Hudson River Trading. Go deeper

• Ando, an SF-based agentic team messaging platform, raised a $20m seed. Accel, Index Ventures, and Emergence Capital led, joined by Contrary Capital. Go deeper

• Wealthcome, a French wealth management software provider, raised €15m in Series B funding. Breega led, joined by BlackFin Capital Partners. Go deeper

• Mesa Quantum, a Boulder, Colo.-based developer of quantum sensing technology, raised $11.8m led by Playground Global. Go deeper

• StandardX, a British isotope developer, raised £10m in seed funding. Vsquared Ventures and East X Ventures led, joined by Firstminute Capital, UKI2S, Brevan Howard Macro Venture, and Geometry. Go deeper

• Dextr AI, an SF-based developer of hotel AI agents, raised $6.7m in seed funding. Elevation Capital led, joined by Foundation Capital. Go deeper

• 50skills, an Icelandic HR workflow automation platform, raised $6m in funding led by Frumtak Ventures, Swiss Post Ventures, Avant and DRD Investments. Go deeper

• Codebreaker Labs, a Boulder, Colo.-based genomic AI company, raised $4.5m in seed funding led by Kickstart. Go deeper

• Kontext, a German developer of runtime security platform for AI agents, raised $4m led by 42Cap. Go deeper

• Clastix, an Italian developer of Kubernetes infrastructure software, raised €2.9m in seed funding. CDP Venture Capital led, joined by Mistral and Vertis SGR. Go deeper

• Topdog, an operator of real-money multiplayer games, raised $2.5m in seed funding. Boston Seed Capital led, joined by The Raine Group, Bullpen Capital, Versus VC, Spoondrift Capital, and Permit Ventures. Go deeper

• Duqu, a Dutch B2B short-term financing startup, raised €1.5m in pre-seed funding from Curiosity VC and No Such Ventures. Go deeper

• O-ID, a Tokyo-based developer of modular humanoid robots for industrial manufacturing and logistics, raised $1.2m in pre-seed funding. Tawani Ventures led, joined by Hustle Fund and Techstars. Go deeper

• Aligned Modern Health, a Chicago-based functional medicine company, received a majority growth investment from Arcventis Health Partners. Harbour Point Capital is an existing investor. Go deeper

• Bridgepoint agreed to buy Altano, a German operator of equine veterinary clinics, from Ufenau Capital Partners. Go deeper

• The Expo Group, a New State Capital Partners portfolio company, acquired Toddstreet, an NYC-based creative experiential agency. Go deeper

• 73 Strings, an NYC-based financial software company backed by Goldman Sachs and Blackstone, acquired Callisto, a Paris-based financial automation platform. Go deeper

• Groundcover, a Tel Aviv-based cloud monitoring company backed by One Peak, acquired Wand, a Tel Aviv-based cloud application company. Go deeper

• Bird, a Dutch communications company, raised $450m in debt backed by JPMorgan in a dividend recap to provide liquidity for shareholders and employees. Investors include Spark Capital, Tiger Global Management, Fenrir, Glynn Capital, Longbow Capital, Accel, Atomico, NewView Capital, YC, Mousse Partners, BlackRock, Lightrock, and Blue Owl Capital. Go deeper

• Harold Varah is joining Bank of America as head of global financial sponsors investment banking after an eight-year stint at Royal Bank of Canada, per Bloomberg. Go deeper

💊 Amberstone Biosciences, an Irvine, Calif-based oncology biotech, signed a $440m collaboration deal with Shanghai Henlius Biotech to develop T-cell engagers for solid tumors. Go deeper

💊 Atavistik Bio, a Cambridge, Mass.-based hematology biotech, and Roche signed a $1.9b research collaboration to develop novel medicines for cardiovascular, renal and metabolic diseases. Go deeper

💊 Eli Lilly (NYSE: LLY) and Beijing-based InnoCare have signed a deal worth up to $3.35b to develop new drugs for undisclosed diseases. Go deeper

• The family of French Billionaire Bernard Arnault said it will simplify the shareholding structure of LVMH and Christian Dior under a new entity named Agache. Go deeper

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<h2 class="text-h6 !font-sans !font-normal !leading-[1.2em]">Venture Capital</h2>• PicoJool, a Palo Alto, Calif.-based semiconductor laser diode startup, raised $27.5m. Socratic Partners led, joined by Hudson River Trading. <a class="gtmContentClick" data-vars-link-text="Go deeper" data-vars-click-url="https://siliconangle.com/2026/09/24/pat-gelsinger-backed-startup-picojool-raises-27-5m-to-boost-bandwidth-for-ai-clusters/" data-vars-content-id="5cfa8fa4-cdae-4fa3-a616-8a877f2b2f04" data-vars-headline="Pro Rata Premium: First Look" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://siliconangle.com/2026/09/24/pat-gelsinger-backed-startup-picojool-raises-27-5m-to-boost-bandwidth-for-ai-clusters/" target="_blank">Go deeper</a>• Ando, an SF-based agentic team messaging platform, raised a $20m seed. Accel, Index Ventures, and Emergence Capital led, joined by Contrary Capital. <a class="gtmContentClick" data-vars-link-text="Go deeper" data-vars-click-url="https://techcrunch.com/2026/09/24/ando-eyes-slack-as-it-builds-team-messaging-platform-for-humans-and-agents-to-work-together/" data-vars-content-id="5cfa8fa4-cdae-4fa3-a616-8a877f2b2f04" data-vars-headline="Pro Rata Premium: First Look" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://techcrunch.com/2026/09/24/ando-eyes-slack-as-it-builds-team-messaging-platform-for-humans-and-agents-to-work-together/" target="_blank">Go deeper</a>

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