Swedish agtech company OlsAro has raised a €5 million seed round led by Industrifonden to commercialise salt-tolerant wheat and expand its SeedAX platform into heat, drought and nitrogen-efficiency traits, with field trials spanning Bangladesh and India.
Bengaluru-based NuSynth Technologies, founded this year, has raised ₹36.5 crore in a seed round co-led by Avaana Capital and Shastra VC to pair AI-driven predictive synthesis with chemical R&D, starting with pharmaceutical and electronics chemicals.
Chennai-based ThinkMetal, co-founded by Sabyasachi Ghosh and Arushi Sharma, has raised ₹27 crore in a round led by IAN Alpha Fund with 3i Partners to commercialise SistemT1, its compact metal additive manufacturing system built on proprietary FuseX filament technology.
The National Payments Corporation of India has deferred the planned 0.4% merchant discount rate on UPI person-to-merchant payments above ₹2,000, which was due to start on October 15, until after Diwali. No new date has been set, and the decision follows weeks of pushback from traders.
IBM and MeitY Startup Hub have signed an MoU giving Indian deeptech startups access to watsonx, quantum computing, hybrid cloud and IBM's enterprise network, along with mentorship and proof-of-concept projects, with a focus on founders from Tier 2 and Tier 3 cities.
Cambridge-based Alchera Technologies, led by co-founder and CEO Anna Jordan, has raised a £2.7 million seed round led by Maven Capital Partners to scale an AI platform that predicts traffic on Britain's busiest roads, including the M25, up to two years ahead.
Her Startup has opened applications for Cohort 2.0, an accelerator delivered with the Founder Institute that offers mentorship, stipends and the chance to pitch for up to $5,000 in seed funding. It is open to young women leading revenue-generating tech businesses across Africa, with applications closing on October 26, 2026.
German semiconductor startup Ubitium has raised $14 million in seed funding led by Ibex Investors, with personal backing from Quantum Systems co-CEO Florian Seibel, to commercialise a reconfigurable processor that handles sensing, AI inference and real-time control for drones and robots on one chip.
Causa Prima, founded this year by Taulia co-founder Maex Ament, has raised a $20 million seed round led by Base10 Partners for a network in which AI agents representing buyers and suppliers negotiate invoice disputes, payment timing and early-payment discounts.
French energy-tech startup Epyr, co-founded by former BCG partner Léa Dardenne and Innovafeed co-founder Bastien Oggeri, has raised an oversubscribed €15 million Series A led by SlateVC to scale thermal batteries that turn cheap electricity into industrial steam.