Neko Well being’s unicorn-sized Sequence B is bigger than some Sequence C rounds

Date:

Share post:

Welcome to Startups Weekly — your weekly recap of all the pieces you possibly can’t miss from the world of startups. Need it in your inbox each Friday? Enroll right here.

This week was imagined to be a brief one within the U.S., because it began with a vacation. However Inauguration Day stored some founders busy, and the next days introduced us greater than their fair proportion of startup information.

Most attention-grabbing startup tales from the week

Picture Credit:David Paul Morris/Bloomberg by way of Getty

This week reminded us that not all gross sales are created equal, and that it’s typically value trying past the worth tag. Plus, there have been authorized troubles for an AI decacorn.

No divvy: Divvy Properties, a rent-to-own startup backed by a16z, is promoting to a division of Brookfield Properties for about $1 billion. Nonetheless, some shareholders could not see a dime from the sale.

Magnificence on the market: Client items large Hindustan Unilever agreed to purchase Peak XV-backed Indian skincare startup Minimalist for about $342 million — greater than the $300 million valuation it reportedly sought in a fundraising try final 12 months.

Huge markdown: AI-powered parking platform Metropolis acquired pc imaginative and prescient firm Oosto for a fraction of what the startup had raised to this point. Previously referred to as AnyVision, it had misplaced backers over its know-how being utilized in controversial surveillance purposes. 

Authorized conflict: Valued at $13.8 billion final 12 months, Scale AI is dealing with its ​​third employee lawsuit of 2025, with contractors claiming they suffered psychological hurt from writing prompts about disturbing content material. A spokesperson for Scale AI mentioned it had “numerous safeguards in place.”

Most attention-grabbing VC and funding information this week

Ati Motors robot portfolio
Picture Credit:Ati Motors

Sequence B rounds introduced this week diversified tremendously in dimension, with a few of these exceeding different Sequence C rounds. And for firms that don’t fairly really feel like going public but, there are nonetheless extra letters within the alphabet.

Pre-IPO letters: Information analytics platform Databricks closed a $10 billion Sequence J fairness funding spherical at a $62 billion valuation, with an extra $5.25 billion in debt financing. Meta is backing the corporate as a strategic investor.

From cat to unicorn: Neko Well being, the Swedish body-scanning startup co-founded by Spotify’s Daniel Ek, and whose identify means “cat” in Japanese, raised a $260 million Sequence B spherical of funding at $1.8 billion post-money.

Cash to maneuver: Lindus Well being, a startup backed by Peter Thiel and Creandum that’s presently shifting its HQ from the U.Okay. to the U.S., secured a $55 million Sequence B spherical to “fix the broken clinical trial industry.” 

Spending much less: AI-powered SaaS spend administration platform Vertice raised a $50 million Sequence C spherical of funding led by Lakestar, at a valuation near $500 million, based on sources.

Indian robotics: Indian-based autonomous cell robots startup Ati Motors raised a $20 million Sequence B to develop internationally. The U.S. already dominates Ati’s revenues, and the corporate hopes to additional profit from demand for robotics manufactured outdoors of China.

Crypto crypto crypto: Capitalizing on crypto’s comeback, AngelList and CoinList teamed as much as launch crypto particular function automobiles and crypto roll-up automobiles that can let crypto founders elevate capital utilizing crypto cash.

Final however not least

AI, startups
Picture Credit:Getty Photos

AI continues to be crimson scorching, however there are all the time subsectors that VCs are extra focused on. To determine which forms of AI startups they’d most prefer to again this 12 months, TechCrunch rounded up some findings from our current survey of 20 enterprise VCs. Briefly: Assume firms, not options.

Related articles

OpenAI now reveals extra of its o3-mini mannequin’s thought course of

In response to stress from rivals together with Chinese language AI firm DeepSeek, OpenAI is altering the way...

Get one 12 months of Peacock Premium for under $30

Searching for a brand new streamer to fill the countless day by day void? A 12 months of...

French AI startup Mistral launches Le Chat cell app for iPhone, Android — can it take enterprise eyes off DeepSeek?

Be part of our every day and weekly newsletters for the newest updates and unique content material on...

Monitoring the EV battery manufacturing facility development growth throughout North America

The onshoring of battery manufacturing for EVs began as a trickle in the course of the COVID-19 pandemic....