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The AlleyWatch Startup Daily Funding Report: 10/2/2026

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The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/2/2026 featuring funding details for TriGemX Bio, Walapay, and much more. This page will be updated throughout the day to reflect any new fundings.


TriGemX Bio – $94M

BioTechHealthTech

TriGemX Bio, a biotech company that develops a first-in-class oral medicine for the treatment of migraine, has raised $94M in Venture funding led by The Column Group, TCG Crossover, and Viking Global Investors. Founded by Charles Zuker, Richard Axel, and Thomas Maniatis in 2015, TriGemX Bio has now raised a total of $573M in reported equity funding. The company, formerly known as Kallyope, relaunched under the new TriGemX Bio name alongside the financing.


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Walapay – $4.6M

FinTech

Walapay, a payments infrastructure company that provides a single API for account issuance, collections, currency exchange, and payouts across borders, has raised $4.6M in Seed funding led by Generative Ventures with participation from Commerce Ventures, Polygon Labs, Verda Ventures, NGC Ventures, FGV Capital, Jsquare, Knollwood Investment Advisory, Big Brain Holdings, Reflexive Capital, and Contribution Capital. Walapay was founded by Tom Borgers and Dimitri Borgers in 2022.


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Tags: Big Brain HoldingsCharles ZukerCommerce VenturesContribution CapitalDimitri BorgersFGV CapitalGenerative VenturesJsquareKnollwood Investment AdvisoryNGC VenturesPolygon LabsReflexive CapitalRichard AxelTCG CrossoverThe Column GroupThomas ManiatisTom BorgersTriGemX BioVerda VenturesViking Global InvestorsWalapay
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