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- $1.25T SpaceX–xAI Merger • Waymo Lands $16B• Marzetti Buys Bachan’s • Moltbot/Clawdbot/OpenClaw Breaks The Internet
$1.25T SpaceX–xAI Merger • Waymo Lands $16B• Marzetti Buys Bachan’s • Moltbot/Clawdbot/OpenClaw Breaks The Internet
AI consolidation, autonomous scale, and prediction markets moving from fringe to financial infrastructure.

Your dose of daily dealflow, essential VC & tech trends to know. The biggest moves in venture, all in one place. Celebrating startups, founders, and funders.
🚀 SpaceX is folding xAI into its core business in a blockbuster $1.25T merger, unifying AI, launch, and satellite infrastructure under one roof.
🚗 Waymo locked up $16B in fresh capital as autonomous ride-hailing pushes closer to commercial scale across major U.S. cities.
📊 Kalshi surged past $100B in annualized volume, and is now targeting $1T in volume and 25M users.
🍜 Marzetti snapped up Bachan’s for $400M, betting big on premium sauces and brand-driven grocery growth.
🤖 Clawdbot went viral, but the real story is participation inequality, with a small group of power users driving nearly all meaningful usage.

🧑🚀 Top Deals You Can’t Miss
1️⃣ SpaceX – ~$1.25T total value merger with xAI, unifying AI research, satellite infrastructure, and launch operations under a single platform.
2️⃣ Waymo – $16B growth round at a $126B valuation, accelerating autonomous ride-hailing expansion across major U.S. markets.
3️⃣ Bachan’s – $400M acquisition by Marzetti, bringing the fast-growing premium sauce brand into a scaled CPG distribution engine.

🧠 Dopamine Dealflow
🌳 Series B+ & Growth
SpaceX, a Hawthorne, California-based aerospace company, merged with xAI, a San Francisco-based AI lab, in a ~$250B transaction. SpaceX led the deal, consolidating Elon Musk’s AI and space ambitions.
Waymo, a Mountain View, California-based autonomous driving company, raised $16B in growth funding at a $126B valuation. Dragoneer, DST, and Sequoia led the round alongside Alphabet and major crossover funds.
Polestar, a Gothenburg, Sweden-based EV maker, raised $400M in equity financing led by Feathertop Funding Limited.
Skyryse, an El Segundo, California-based aviation automation company, raised $300M in Series C funding.
Midi Health, a U.S.-based virtual women’s health clinic, raised $100M in Series D funding led by Goodwater Capital.
Shield Technology Partners, a Tampa Bay-based IT services platform, raised $100M in growth funding from Thrive Holdings.
Overland AI, a Seattle-based defense autonomy startup, raised $100M led by 8VC.
Kings League, a Barcelona-based creator-led football league, raised $63M to fuel global expansion.
GenLogs, an Arlington, Virginia-based logistics intelligence startup, raised $60M in Series B funding led by Battery Ventures.
🚀 Series A
Linq, a Birmingham-based AI messaging startup, raised $20M in Series A funding led by TQ Ventures.
Kasada, a New York-based bot mitigation platform, raised $20M in growth funding led by EQT.
Loop AI, a San Francisco-based AI back-office platform for restaurants and retail, raised $14M in Series A funding.
🌱 Seed & Early Rounds
Breezy, a Los Angeles-based AI platform for real estate professionals, raised $10M in pre-seed funding.
Ditto, a Berkeley-based matchmaking app for college students, raised $9.2M in seed funding.
Breakthrough Ventures, a Stanford-based student accelerator, raised $2M to launch its national program.
🤝 Strategic, M&A & Undisclosed
Marzetti, a Columbus, Ohio-based food manufacturer, acquired Bachan’s, a California-based sauce brand, for $400M.
GrubMarket, a San Francisco-based food supply chain platform, acquired Procurant for undisclosed terms.
Fleet, a Paris-based IT equipment subscription company, completed its first external investment at a €100M valuation.
💸 VC Funds Raised & Raising
Ariel Investments, a Chicago-based asset manager, raised $250M for its women’s sports-focused fund.
Yosemite, an oncology-focused venture firm, closed $200M for Fund II and is targeting $350M.
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📚 Read of the Day
🤖 Clawdbot Isn’t Viral. It’s Asymmetric.
Clawdbot’s breakout moment looked like mass adoption, but the data tells a different story. A small cohort of highly engaged power users drove most usage, feedback, and visibility, while casual users churned quickly.
The takeaway for founders and investors is clear: early buzz can mask narrow but deep product-market fit. Tools like Clawdbot may still win big, but only if they either broaden the core user base or fully commit to serving power users as the primary customer.
👉 Read The Whole Story Here: https://tomtunguz.com/moltbook-participation-inequality/
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📚 Read of the Day
🤖 A Deep Dive Into Clawdbot/Moltbot/OpenClaw
Clawdbot’s breakout moment looked like mass adoption, but the data tells a different story. A small cohort of highly engaged power users drove most usage, feedback, and visibility, while casual users churned quickly.
The takeaway for founders and investors is clear: early buzz can mask narrow but deep product-market fit. Tools like Clawdbot may still win big, but only if they either broaden the core user base or fully commit to serving power users as the primary customer.
👉 Read The Whole Story Here: https://tomtunguz.com/moltbook-participation-inequality/
We’re excited to be the official media partner for Venture Summit 2026, Florida Funders’ flagship gathering of top founders, operators, and investors shaping the next generation of venture-backed companies. The event features high-signal conversations, curated networking, and unfiltered insights on building, scaling, and exiting companies — with Braxton Berrios and Geoffrey Woo among the featured voices.
This isn’t a conference for spectators. It’s built for founders and operators who want real takeaways and real connections inside the Florida Funders ecosystem.

📰 Other News You Don’t Want To Miss
💰 Y Combinator will let startups receive funding in stablecoins — YC is allowing founders in its Spring 2026 batch to receive their standard investment via stablecoins, signaling deeper crypto normalization in startup finance.
🧠 Intel will start making GPUs, a market dominated by Nvidia — Intel is assembling a dedicated GPU team as it attempts to challenge Nvidia’s dominance and regain relevance in AI compute.
🚀 Musk’s SpaceX to merge with xAI at $1.25T total value — Elon Musk is consolidating his AI and space ambitions into a single entity spanning launch, satellites, and frontier AI.
🧑💻 OpenAI launches the Codex macOS app — OpenAI quietly released a native desktop app for its Codex coding agent, pushing AI-assisted software development deeper into daily workflows.
🚗 China moves to ban hidden electronic car door handles — New safety rules will require mechanical door releases by 2027, forcing automakers to rethink Tesla-style design trends.
⚖️ X’s Paris HQ raided by French prosecutors — French authorities searched X’s offices as part of an investigation tied to regulatory and governance compliance.

OVER AND OUT, BACK TO THE GRIND ⚙️
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