Key Takeaways
- • AlleyWatch's weekly report tracks 28 notable startup funding rounds for the week ending November 14, 2026, totaling roughly $4 billion in new funding.
- • Mirendil led the week with a $1.0 billion round, bringing its total equity funding to $1.2 billion; backers include Google, Kleiner Perkins, and Battery Ventures.
- • Mercor raised $750 million and LangChain raised $300 million, making AI platforms the dominant theme among the largest rounds.
- • Torus raised $500 million for integrated energy and AI computing infrastructure, while Path Robotics raised $300 million for physical AI manufacturing automation.
- • Fintech and data infrastructure were also represented, with Imprint raising $130 million for co-branded credit card platforms and Databento raising $100 million for financial market data services.
Summary
AlleyWatch's Weekly Notable Startup Funding Report for November 16, 2026 covers notable funding activity across several US startup ecosystems for the week ending November 14, 2026. The report highlights 28 rounds, including Rox, Tristar AI, and Luminal, representing about $4 billion in aggregate new funding.
The largest round was Mirendil's $1.0 billion raise. The San Francisco-based AI research lab, which develops self-accelerating systems that convert computing power into scientific advances, was founded in 2026 by Behnam Neyshabur, Harsh Mehta, Shayan Salehian, and Tara Rezaei. Its total equity funding now stands at $1.2 billion, with backers including Battery Ventures, Clearlake Capital Group, Doerr Capital, Google, Kleiner Perkins, and M13. Mercor, an AI-based hiring platform, raised $750 million, bringing its total to $1.2 billion. Investors include Apollo, Benchmark, General Catalyst, NVIDIA, Salesforce, and StepStone Group.
LangChain, which builds frameworks for AI-powered applications, raised $300 million, lifting its total equity funding to $460 million. Path Robotics, a Columbus-based developer of physical AI and robotic automation for manufacturing, raised $300 million and has now raised $571.5 million in total. Salt Lake City-based Torus, which provides integrated energy and AI computing infrastructure, raised $500 million; its investors include ICONIQ Capital, Magnetar Capital, and Trinity Capital.
In financial technology, New York-based Imprint raised $130 million for its platform enabling brands to launch co-branded credit cards and financial products, bringing total equity funding to $482 million. Backers include Khosla Ventures, Ribbit Capital, and Thrive Capital. Salt Lake City-based Databento, which provides financial market data and API-based trading information services, raised $100 million, bringing its total to $234.6 million. Nominal, an Austin-based developer of data management software for hardware engineering teams, raised $240 million, with investors including Founders Fund, Sequoia Capital, and D. E. Shaw & Co.
Other notable rounds included Rox ($100 million, AI sales productivity), Reflect Orbital ($73.5 million, orbital mirror satellite technology), Edelbyte ($45 million), Garage ($41 million), Bay ($37 million), Graphon ($35 million), and Coreshell Technologies ($30 million, silicon-based battery anodes). Smaller rounds included Tristar AI ($12.4 million), Delphina ($7.5 million), and MedHaul ($4.1 million).
The largest round was Mirendil's $1.0 billion raise. The San Francisco-based AI research lab, which develops self-accelerating systems that convert computing power into scientific advances, was founded in 2026 by Behnam Neyshabur, Harsh Mehta, Shayan Salehian, and Tara Rezaei. Its total equity funding now stands at $1.2 billion, with backers including Battery Ventures, Clearlake Capital Group, Doerr Capital, Google, Kleiner Perkins, and M13. Mercor, an AI-based hiring platform, raised $750 million, bringing its total to $1.2 billion. Investors include Apollo, Benchmark, General Catalyst, NVIDIA, Salesforce, and StepStone Group.
LangChain, which builds frameworks for AI-powered applications, raised $300 million, lifting its total equity funding to $460 million. Path Robotics, a Columbus-based developer of physical AI and robotic automation for manufacturing, raised $300 million and has now raised $571.5 million in total. Salt Lake City-based Torus, which provides integrated energy and AI computing infrastructure, raised $500 million; its investors include ICONIQ Capital, Magnetar Capital, and Trinity Capital.
In financial technology, New York-based Imprint raised $130 million for its platform enabling brands to launch co-branded credit cards and financial products, bringing total equity funding to $482 million. Backers include Khosla Ventures, Ribbit Capital, and Thrive Capital. Salt Lake City-based Databento, which provides financial market data and API-based trading information services, raised $100 million, bringing its total to $234.6 million. Nominal, an Austin-based developer of data management software for hardware engineering teams, raised $240 million, with investors including Founders Fund, Sequoia Capital, and D. E. Shaw & Co.
Other notable rounds included Rox ($100 million, AI sales productivity), Reflect Orbital ($73.5 million, orbital mirror satellite technology), Edelbyte ($45 million), Garage ($41 million), Bay ($37 million), Graphon ($35 million), and Coreshell Technologies ($30 million, silicon-based battery anodes). Smaller rounds included Tristar AI ($12.4 million), Delphina ($7.5 million), and MedHaul ($4.1 million).
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