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The Daily Deal

Thursday 5 November 2026

China blocks SoftBank's $5.4B takeover of ABB's robotics division, FT reports

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Noubar Afeyan has started seven unicorns, Elon Musk six. Founders by the number of companies they started that reached $1B, through an exit or a private valuation.

Of the 4,158 companies Dealroom counts as unicorns, 235 founders started two or more and 29 started three or more. All seven of Noubar Afeyan's came out of Flagship Pioneering, the biotech company builder he runs, including Moderna and Lila Sciences.

Just raised

All funding news
  • Laza MedicalCampbell$160M Series B

    Imaging Solution for Cardiovascular Interventions. Backed by GE Healthcare and AMED.

  • SentraTel Aviv-Yafo$150M Series C

    On a mission to enable cloud-driven organizations to regain control and secure their data. Led by Capital One Ventures.

  • REVELMadrid$132M Late VC

    All-inclusive, flexible digital car subscription service. Backed by OpenBank and Citi.

By country

  • US$109B
  • China$19B
  • UK$3B
  • South Korea$2.8B
  • India$1.5B
  • France$831M

By sector

  • Enterprise$105B
  • Health$8.2B
  • Energy$8B
  • Fintech$6.8B
  • Transportation$4.6B
  • Semiconductors$4.5B

$141B across 1,526 rounds in October, by headquarters and by sector.

Just acquired

All deal news
  • AnyAlphaSan Francisco$125K raised

    AI-powered agentic platform for automated trading strategies.

    JMSPJerry Miao & Shiyi Peng founded it. Miao worked at Microsoft and Amazon Web Services. Peng previously founded Deepcruit.

  • CortasCopenhagen$2M raised

    Integrated property management software and services platform.

    CPFBChristian Pind Schmidt & Frederik Buchardt founded it. Schmidt worked at Signifly and Nova Founders Capital. Buchardt studied at Copenhagen Business School.

  • SentryGateDoncaster

    Fire door and building safety compliance software.

    RCRik Courtney

Talent moves

All talent moves
  • KR

    Keith Redmond joined Xceptor from Fenergo

    Chief Technology Officer

  • CW

    Cat Wu joined OpenAI from Anthropic

    Head of Product Management, Core Products

  • RS

    Rob Straathof joined Funding Circle from Grover

    Chief Executive Officer

  • China blocks SoftBank's $5.4B takeover of ABB's robotics division, FT reports

    China's top economic planner told SoftBank it will not allow the deal, the Financial Times reported. China is about 30% of ABB Robotics' business, and the FT says the regulator was worried that robotics data would leave the country to train AI models abroad, including OpenAI's, in which SoftBank is a major investor. SoftBank, ABB and the regulator have not commented.

AI and tech

Markets and policy

Investors

Upcoming events

All events
  • Web SummitLisbon9–12 Nov

    Europe's largest tech conference — 70,000+ attendees across four days in Lisbon.

  • Bengaluru Tech SummitBengaluru17–19 Nov

    The Karnataka government's technology summit, now in its 29th edition, with more than 1,600 exhibitors and a dedicated startup programme that makes it India's largest tech trade event.

  • Singapore FinTech FestivalSingapore18–20 Nov

    The Monetary Authority of Singapore's fintech festival, expecting over 70,000 participants, and the largest single gathering of financial services and fintech decision-makers in Asia.

  • SlushHelsinki18–19 Nov

    The world's most founder-focused startup event — 13,000 attendees in the Helsinki winter dark.

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