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The Daily Deal

Monday 9 November 2026

πŸ‡΅πŸ‡Ή Web Summit Web Summit starts today in Lisbon and runs to 12 November πŸ”₯ See the 2,592 startups and 44 speakers there, and the 20 hot startups worth meeting.

Nvidia's board opens an independent inquiry after reports Jensen Huang was targeted by Chinese intelligence

Chart of the day

Open the chart

Neoclouds fell and solar rose after Democrats won Congress

Neoclouds fell and solar rose after Democrats won Congress. Share price moves on 4 November 2026, the day after Democrats won Congress: SpaceX fell 4% and Tesla 3%, drone makers Kratos and Red Cat 10–12%, CoreWeave, Nebius and IREN 7–11%, Comfort Systems and Vistra 14–15%, while Microsoft, Amazon an

Democrats won the House and the Senate on 3 November. By the 6 November close, the neoclouds CoreWeave, Nebius and IREN had fallen 13% on average, as had data centre power and chip stocks. Defence and drone companies fell 10% and Elon Musk's companies 8%. Solar and clean power companies rose 8%, hospitals and health insurers 6% and Big Tech 2%, while the S&P 500 fell 3%. The neoclouds had already lost 26% between 31 July and the vote.

Just raised

All funding news
  • NewmoTokyo$160M Series B

    Providing sustainable regional transportation from the user's perspective. Backed by KDDI and DG Daiwa Ventures.

  • Shenzhen Boyin BiotechnologyBaiyin City$27.5M Series A

    Developing bio-based materials and related medical products based on synthetic biology and machine learning.

  • VudooMelbourne$22M Series B

    Easy-to-use interactive video platform that turns your videos into high-impact experiences that you can measure and optimise in real time. Led by US fund Blue Sky Capital.

By country

  • China$4.1B
  • US$3.9B
  • Canada$506M
  • UK$332M
  • Spain$315M
  • Israel$278M

By sector

  • Media$3.4B
  • Enterprise$2.5B
  • Transportation$1.6B
  • Health$726M
  • Semiconductors$614M
  • Fintech$443M

$10B across 198 rounds reported in the last 7 days, by headquarters and by sector.

Just acquired

All deal news
  • EngibleHungary

    Automated ESL lesson creation from YouTube videos.

    DMDmitrii Matveenkov founded it after working at import2 and Playwrk.

  • Crux LabsNew York$6M raised

    Platform that turns human expert judgment into automated evals, monitoring and improvement for AI agents in production.

    JKKKJulie Kheyfets & Krishna Kulkarni founded it. Kheyfets worked at Block renovation and Tractable. Kulkarni previously founded Career Copilots.

Talent moves

All talent moves
  • PF

    Peter Finter joined Spectro Cloud from KX

    Chief Marketing Officer

  • JF

    Justin Foster joined DNSFilter from Forescout

    Chief Technology Officer

  • SF

    Stanislav Funiak joined WearOptimo from CSIRO

    Vice President of Engineering and Product

  • Nvidia's board opens an independent inquiry after reports Jensen Huang was targeted by Chinese intelligence

    Nvidia's board said on 8 November that a committee of independent directors will review reports that Jensen Huang was the target of a Chinese intelligence effort. A memo reported by the Financial Times says Alice Huang, an executive at Nvidia customer Megaspeed, was recruited by China's Ministry of State Security and had a romantic relationship with him. Huang told staff he had been unfaithful to his wife and stays on as CEO. The board says it has no reason to believe secrets were compromised. Three House committee chairs want a briefing from Huang on 18 November, the day after Nvidia's earnings.

AI and tech

Markets and policy

Investors

Upcoming events

All events
  • Web SummitLisbon9–12 Nov

    Europe's largest tech conference β€” 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 β€” 13,000 attendees in the Helsinki winter dark.

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