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M&G Catalyst Growth Equity Fund I confirms $900M first close

British Business Bank announced Nov 11 2026 that M&G Catalyst Growth Equity Fund had completed a $900M first close, including the bank's $100M commitment, alongside M&G's With-Profits Fund and Mubadala Capital. M&G had already announced more than $850M subscriptions (including the SAME $100M BBB) on Jan 21 2026, explicitly subject to legal close. This is a newly confirmed first-close milestone, NOT $900M new since Jan, NOT $100M new BBB capital, and NOT the existing broader M&G Catalyst strategy's $1.3B prior deployments. Legal close date not separately established.

BKN301-owned Planky raises €6.9M to build AI credit decisioning

UK-based Planky, acquired by BKN301 Group in November 2025, announced €6.9M new financing on November 10, 2026, co-led by Innovation Global and Azimut Venture Capital Digitech Europe funds. No formal seed/Series A stage, valuation or equity instrument confirmed; SM Capital and FNDX supported/advised the transaction but are not automatically equity investors. Parent BKN301's 2025 Series B/credit facility is distinct.

Garage raises $41M Series B led by Invus Opportunities

Garage Technologies, the New York municipal heavy-equipment marketplace (not AirGarage), announced a $41M Series B on November 10, 2026, led by Invus Opportunities. Fortune independently reported a company-supplied $225M valuation, with pre/post-money unspecified. Garage's $100M+ annualized equipment sales measure transaction volume, NOT company revenue. Cumulative funding described as about $60M; the dated $4.5M seed + $13.5M Series A + $41M Series B sum to $59M, a rounding gap not a new round.

Graphon Labs raises $35M Series A led by RRE Ventures for persistent AI-agent memory

Graphon Labs announced a $35M Series A November 10, 2026 led by RRE Ventures with HP, Energy Impact Partners, Hitachi Ventures and Gaia VC participating. The company previously raised $8.3M in seed, giving $43.3M cumulative. Hitachi Rail describes evaluation; 49ers describes exploring use; benchmark numbers are company-tested, not independent production results. Valuation undisclosed.

Nidus Technologies discloses $30M combined early-stage funding for defence factory robotics

Nidus Technologies disclosed $30M in funding November 10, 2026, backed by Kleiner Perkins and Costanoa, among others. Costanoa confirms it backed an earlier pre-seed; company DID NOT break out pre-seed and seed amounts. This is one combined cumulative disclosure, NOT a $30M new seed and not proof of a specific closing date. Robot models automate precision wire-harness assembly; initial deployments and $1M+ four-month revenue are company claims.

SPARETECH raises $20M Series B co-led by Blume Equity and Insight Partners

German industrial spare-parts intelligence firm SPARETECH announced a $20M Series B November 10, 2026, co-led Blume Equity and Insight Partners, Headline participating. Company's aim to cut parts inventory 60% within three years is a target not measured achievement; separately vendor reports 20% average for selected customers. Historical 2021 €5M Seed and 2023 €10M Series A already disclosed on company's own history.