Top Startup and Tech Funding News – September 30, 2025

It’s Tuesday, September 30, 2025, and we’re back with the top startup and tech funding news stories shaping the day. From billion-dollar AI hardware bets to healthtech, fintech, and defence drones, investors are spreading capital across both frontier deep tech and fast-scaling SaaS platforms.
Today’s highlights include Cerebras Systems’ $1.1 billion Series G at an $8.1 billion valuation, Rebellions’ $250 million Series C to fuel its next-gen AI chips, and Periodic Labs’ record-breaking $300 million seed round to build autonomous AI labs. Healthtech also made waves with Assort Health’s $76 million Series B to scale its patient access platform, while Modal Labs hit unicorn status with an $87 million raise for its serverless AI infrastructure.
Funding Highlights
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Cerebras Systems raised $1.1 billion in Series G funding to expand AI chip manufacturing and data center capacity.
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Periodic Labs secured $300 million in seed funding to pioneer autonomous AI-driven science labs.
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Rebellions closed a $250 million Series C to accelerate production of its Rebel-Quad AI chip.
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Assort Health landed $76 million in Series B to expand its AI-powered patient access suite.
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Modal Labs raised $87 million in Series B funding, valuing the startup at $1.1 billion.
Investor Activity
The day’s financings drew participation from some of the biggest names in venture and strategic investing — including Andreessen Horowitz, Lux Capital, Fidelity, Samsung Ventures, Arm Holdings, Nvidia, and DST. Angels such as Jeff Bezos and Eric Schmidt also doubled down on frontier bets like Periodic Labs. Meanwhile, investors across Asia and India pushed capital into financial data, defence tech, and spiritual-tech platforms, highlighting the breadth of startup innovation attracting capital today.
Together, these rounds underscore sustained conviction in AI infrastructure, semiconductor innovation, healthtech automation, and emerging-market fintech — sectors that continue to command attention and investment at both early and late stages.
Here’s the full breakdown. Until tomorrow, have a great evening.
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