The Daily Deal
Saturday 31 October 2026
Mistral releases the open weights of its trillion-parameter model
- Chart of the day Black Mirror Tech.
- Just raised Sunwoda Power Technology $234M, Setara Biosciences $90M, PowerLattice $86M.
- Just founded BioTraces, Tacitum Tools, Driventia.
- In the news Mistral releases the open weights of its trillion-parameter model, and two more stories.
Chart of the day
Open the chart
490 companies are building the technology imagined in 12 Black Mirror episodes, grouped by episode. They range from brain-computer interfaces (Playtest, Black Museum) to attention rehab (Smithereens) and algorithmic matchmaking (Hang the DJ).
Just raised
All funding news-
Sunwoda Power TechnologyShenzhen$234M Late VCAdvanced lithium battery integration technology. Backed by Xiaomi.
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Setara BiosciencesSan Diego$90M Series AGenetics-driven precision medicines for rare diseases. Backed by Canaan and Deerfield.
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PowerLatticeVancouver$86M Late VCPower delivery chiplet for next-generation AI accelerators. Led by Playground Global and Celesta Capital.
By country
- US$105B
- China$18B
- UK$3.1B
- South Korea$2.8B
- India$1.5B
- France$831M
By sector
- Enterprise$103B
- Health$8.2B
- Fintech$6.8B
- Energy$6B
- Transportation$4.5B
- Semiconductors$4.4B
$138B across 1,457 rounds in October so far, by headquarters and by sector.
Just founded
View all from this week-
BioTracesRoscoff
Advanced eDNA analysis for aquatic ecosystem monitoring.
MWMarie Walde founded it after working at Max Delbrück Center for Molecular Medicine.
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Tacitum ToolsCaen
Offline document anonymization software for secure AI.
GDGuillaume Dupont Meunier founded it after working at Groupama. -
DriventiaValladolid
Driverless shuttles and fleet software for vehicle logistics.
VM
ECMÁVicente Milanes, Esther Cid Romero & Miguel Ángel Sotelo founded it. Milanes worked at INRIA and Spanish National Research Council. Romero worked at Eviden.
In the news
View all news stories- Mistral releases the open weights of its trillion-parameter model
Mistral Large 4, nicknamed Le Chonk, came out with open weights on 29 October, three weeks after a public preview. It is a multimodal mixture-of-experts model with about 1.05 trillion parameters, built for coding and cyber defence.
- Thrive Capital's AI holding company takes ADT private in $15.3B deal
- Apple acqui-hires Ascend.io to sharpen its internal data engineering
Apple has acquired Ascend.io, a Silicon Valley startup building agentic data engineering technology, from Ascension Labs.
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