Key Takeaways
- • Kalshi raised $1B in a round that brings its total equity funding to $3.8B, backed by investors including Andreessen Horowitz, BlackRock, Coatue, Millennium Management, and Sequoia Capital.
- • Bedrock Robotics raised $600M, lifting its total equity funding to $950M; the company builds autonomous systems that convert heavy construction equipment into self-operating machines.
- • The week's notable rounds (24 deals plus Sava, Emvolon, and Broccoli) totaled $2.7B in new funding, according to AlleyWatch's Weekly Notable Startup Funding Report for the week ending 10/31/26.
- • Firehawk Aerospace raised $150M for solid rocket motors, energetic materials, and propellant for defense applications, bringing its total equity funding to $253.8M.
- • Serval ($150M), Foundry Robotics ($100M), General Compute ($100M), and Hex Technologies ($100M) were among the other large rounds, reflecting continued investor concentration in AI infrastructure, robotics, and enterprise software.
Summary
AlleyWatch's Weekly Notable Startup Funding Report for the week ending 10/31/26 tracked 27 notable rounds totaling $2.7B across the US startup markets it monitors, featuring Sava, Emvolon, and Broccoli among the deals highlighted.
The largest round was Kalshi's $1B raise. The Tarek Mansour and Luana Lopes Lara-founded online prediction market platform, which lets users trade contracts tied to the outcomes of future events, has now raised $3.8B in total equity funding. Its investor roster includes Andreessen Horowitz, Baillie Gifford, Balyasny Asset Management, BlackRock, Coatue, Millennium Management, Morgan Stanley Investment Management, Sequoia Capital, Tiger Global Management, and Wellington Management.
Bedrock Robotics, based in San Francisco, raised $600M. The company develops autonomous robotics systems that convert existing heavy construction equipment into self-operating machines. Its total equity funding now stands at $950M, with backers including 8VC, Bessemer Venture Partners, CapitalG, Temasek, and Valor Equity Partners. Firehawk Aerospace, a Dallas-based maker of solid rocket motors and propellant for defense applications, raised $150M, bringing its total to $253.8M, with Advent International among its backers.
Serval, a San Francisco enterprise service management software provider, raised $150M and has $272M in total equity funding. Other $100M rounds went to Foundry Robotics, which uses robotics and AI to produce complex electromechanical hardware; General Compute, which provides low-latency cloud infrastructure for AI models; and Hex Technologies, a collaborative data analytics platform.
Smaller rounds included Avante AI ($30M, AI-driven employee benefits management), Archera ($15M, cloud and AI cost management), Hyperbolic ($30M, open-access AI cloud), Hyphenate ($45M, AI agents for finance operations), Infisical ($40M, secrets and machine identity management), and Opentrons ($40M, laboratory automation). Broccoli, a provider of AI automation for home service businesses, raised $28.3M, and Emvolon, which converts waste into low-cost green fuels, raised $22M.
The report's figures are drawn from AlleyWatch's reporting and reflect the company-level totals it cites; they were not independently verified.
The largest round was Kalshi's $1B raise. The Tarek Mansour and Luana Lopes Lara-founded online prediction market platform, which lets users trade contracts tied to the outcomes of future events, has now raised $3.8B in total equity funding. Its investor roster includes Andreessen Horowitz, Baillie Gifford, Balyasny Asset Management, BlackRock, Coatue, Millennium Management, Morgan Stanley Investment Management, Sequoia Capital, Tiger Global Management, and Wellington Management.
Bedrock Robotics, based in San Francisco, raised $600M. The company develops autonomous robotics systems that convert existing heavy construction equipment into self-operating machines. Its total equity funding now stands at $950M, with backers including 8VC, Bessemer Venture Partners, CapitalG, Temasek, and Valor Equity Partners. Firehawk Aerospace, a Dallas-based maker of solid rocket motors and propellant for defense applications, raised $150M, bringing its total to $253.8M, with Advent International among its backers.
Serval, a San Francisco enterprise service management software provider, raised $150M and has $272M in total equity funding. Other $100M rounds went to Foundry Robotics, which uses robotics and AI to produce complex electromechanical hardware; General Compute, which provides low-latency cloud infrastructure for AI models; and Hex Technologies, a collaborative data analytics platform.
Smaller rounds included Avante AI ($30M, AI-driven employee benefits management), Archera ($15M, cloud and AI cost management), Hyperbolic ($30M, open-access AI cloud), Hyphenate ($45M, AI agents for finance operations), Infisical ($40M, secrets and machine identity management), and Opentrons ($40M, laboratory automation). Broccoli, a provider of AI automation for home service businesses, raised $28.3M, and Emvolon, which converts waste into low-cost green fuels, raised $22M.
The report's figures are drawn from AlleyWatch's reporting and reflect the company-level totals it cites; they were not independently verified.
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