The Daily Deal
Saturday 17 October 2026
Anthropic rated junk at BB+ as it chases $2T IPO
- Chart of the day The Runner's Startup Stack.
- Just raised XHEART $700M, MHX Technology $243M, GOFO Express $100M.
- Just founded RATLOG, Montora, StarKiln Ltd.
- In the news Anthropic rated junk at BB+ as it chases $2T IPO, and two more stories.
Chart of the day
Open the chart
The chart maps 158 companies selling runners what they take, wear and track: fuel, hydration, performance boosters, recovery, protein and supplements, testing, wearables, training apps, kit and retailers. European companies make 36 of the 56 fuel brands, including Maurten, Science in Sport and Precision Fuel & Hydration. US companies make 11 of the 16 hydration brands and 20 of the 36 testing, wearable and training-app companies.
Just raised
All funding news-
XHEARTSuzhou Shi$700M Late VC
AI agents and automation for business operations.
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MHX TechnologyChina$243M
Automotive AI chips and domain controller solutions. Backed by HyT Capital and Lanchi Ventures.
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GOFO ExpressUS$100M Early VC
Technology-driven last-mile delivery for e-commerce. Backed by Ethosangelfund and fresh.fund.
By country
- US$61B
- South Korea$2.6B
- China$1.4B
- UK$1B
- Spain$630M
- India$618M
By sector
- Enterprise software$55B
- Health$6B
- Fintech$5.2B
- Hosting$4.4B
- Food$2.9B
- Energy$2.2B
$71B across 738 rounds in October so far, by headquarters and by sector.
Just founded
View all from this week-
RATLOGDresden$125K raised
Reusable heavy-lift rockets for European space access.
CW
PK
FKCharlie Weise, Paul Kunhart & Felix Kelm founded it. Weise studied at Dresden University of Technology. -
MontoraFleet
COBOL and mainframe code migration with behavioural verification.
TSTanveer Singh -
Where businesses forge their own apps.
FMFaisal Muhammad
In the news
View all news stories- Anthropic rated junk at BB+ as it chases $2T IPO
Kroll Bond Rating Agency (KBRA) assigned Anthropic an issuer rating of BB+ in June 2026 — one notch below investment grade — based on limited financial information from the company.
- Cursor probed whether staff leaked client data to SpaceX before $60B deal closed
Cursor, the AI coding platform, investigated whether its own employees sent confidential client data into SpaceX's AI systems while testing Grok, according to reporting from The Information.
- Mistral buys design agency New Material to build enterprise AI team
French AI lab Mistral has acquired New Material, a design agency that builds AI-native products, in a deal worth an undisclosed sum.
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