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Startups & Venture·October 9, 2026·1 min read

Bambusa Therapeutics Files for IPO to Fund Eczema Drug Trials

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A dermatology-focused biotech heading to public markets to fund eczema and inflammation trials shows that specialized pipelines can still tap equity even in a crowded drug landscape. For healthtech and biotech operators, the bar is clear indications and trial readiness — not platform stories — when you go to raise at scale.

Startups & Venture

Sources: Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation

A six-month-old data center CPU startup with no product raising hundreds of millions at a ~$2.5B valuation shows how much capital is hunting for alternatives to incumbent x86 and ARM in AI-era compute. If you’re planning long-lived infra, start tracking these new CPU roadmaps alongside GPUs—lock-in risk is rising on both sides of the socket.

Startups & Venture

Oxide Computer, which helps companies build their own clouds, raised a $445M Series D led by Eclipse at a $6B valuation, taking its total funding to ~$835M

$445M into Oxide at a $6B valuation is a clear bet that integrated on-prem clouds are a durable alternative to hyperscaler lock-in for AI-era workloads. If you’re planning heavy GPU or data residency spend, you now have to at least model a world where owning the rack — not just renting it — is financially rational.