TrustList daily digest · Funding and deals

Wednesday, 21 October 2026

Funding and deals: the stories TrustList published on this day, each in a line of our own. Open a story for the whole piece and its sources.

Funding and deals9

1Funding news
Blacksmith raises a Sequoia-led Series C at a $1bn valuation
The CI cloud has raised $125 million in total and says it now runs more than 90 million jobs a week, up from 5 million in January, as coding agents push more code through the pipeline.
2Funding news
Legora raises $550m at an $8.8bn valuation as legal AI passes $200m ARR
Founded in 2023, the legal AI platform was valued at $5.6 billion in its last round; the US is now its largest market, with more than half of the AmLaw 50 as customers.
3Funding news
Pigment raises $250m at a $2.3bn valuation to put agents into planning
The Paris-built planning platform passed $100 million in annual recurring revenue this year, and the new money goes into Graphite, the compute engine its AI agents run on.
4Funding news
AuxoAI raises $20.7m Series A led by NTTVC for forward-deployed AI teams
Founded in 2023 and based in the San Francisco Bay Area with offices in four Indian cities, AuxoAI sends strategists and engineers into Global 2000 firms to build production AI.
5Funding news
Eka Robotics raises $150m to teach robot hands physics, not imitation
a16z and F-Prime lead the Series A, with seed leads Obvious Ventures and E14 Fund following on. Eka claims 1,500 picks an hour, about two and a half times a human baseline.
6Funding news
Nutanix co-founder's Different launches with $48m for AI-run demand gen
General Catalyst leads and Lightspeed joins. Ajeet Singh, who co-founded Nutanix and ThoughtSpot, spent a year refining the system with early customers before showing it.
7Funding news
VECKTA raises $11m Series A to help companies buy onsite solar and storage
The San Diego platform, which says it is profitable, turns a property address into a business case in under a minute and runs standardised tenders across more than 3,000 vetted suppliers.
8Funding news
Asymptote Labs raises $5.5m seed to watch what AI coding agents do
Tower Research Ventures leads; its parent's security team is already testing Beacon, the open-source agent telemetry layer the round funds. The founders built detection systems at Doppel.
9Funding news
Qualitate raises $25m Series A from Insight Partners for AI expert interviews
Insight was a paying customer before it led the round. Qualitate says its revenue run-rate grew more than tenfold this year after just over a year on sale.

TrustList Weekly

The week in software and IT, in one email

The news that matters to buyers, new rankings and our own research. Every Thursday, free, and easy to leave.