Startups news on Tuesday, October 20, 2026
In Startups on Tuesday, October 20, 2026: Asian startups eye IPO exits; defense tech funding surges. Also: Asian startups accelerating toward IPO exits, says top venture capitalist Jenny Lee; Quminex raises $1.06M USD pre-seed for mineral discovery platform using quantum computing.
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Headlines
- Quminex raises $1.06M USD pre-seed for mineral discovery platform using quantum computing.Quantum Computing Report
- AI companies captured 8 of New York City's 10 largest startup deals in Q3.The Business Journals
- JPMorgan Chase invests $5 billion in defense startups including robotics and missiles.Yahoo Finance
- Turbine Capital closes €54 million Nordic deeptech fund for industrial collaboration.EU-Startups
- Idealab's Bill Gross building infrastructure platform for AI-assisted startup creation.Fast Company
- New Jersey approves $16.5M funding for eight startups including Newark lithium company.communitynews.org
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