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  • Apple’s AI Search Engine, Gemini Targets $2.22B IPO, Mistral AI Soars to $14B, & Sesh Raises $40M To Take on Zyn

Apple’s AI Search Engine, Gemini Targets $2.22B IPO, Mistral AI Soars to $14B, & Sesh Raises $40M To Take on Zyn

Big tech doubles down on AI, the NY Giants hit $10B+ team valuation, and the Winklevoss Twins prepare for Gemini's IPO.

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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.

🧑‍🍳 Let’s get right into it…

🍏 Apple is building an AI-powered search engine to supercharge Siri and rival Google/OpenAI.

🏈 New York Giants sold a 10% minority stake to the Koch family at a $10B franchise valuation.

🤖 Mistral is raising nearly €2B at a $14B valuation, cementing its lead in European AI.

💰 Gemini is targeting a $2.2B valuation in its upcoming IPO, marking crypto’s biggest US listing push.

🦾 Tesla revealed a next-gen Optimus robot powered by Grok AI, with improved dexterity.

🎬 Adobe will bring Premiere to iPhones, putting pro video editing tools in every creator’s pocket.

🧑‍🚀 Top 3 Deals You Can’t Miss

1️⃣ New York Giants – Sold $1B minority stake to Koch family, valuing the team at a record $10B.

2️⃣ Mistral – Nearing €2B raise at ~$14B valuation, cementing its position as Europe’s AI giant.

3️⃣ Gemini – Targeting $2.2B valuation in a US IPO, signaling crypto’s Wall Street comeback.

🧠 Dopamine Dealflow

🌳 Series B+ & Growth

  • Mistral AI (Paris, France) – Nearing €2B raise at ~$14B valuation; frontier AI giant.

  • ID.me (McLean, VA) – $340M Series E; growth investors; digital identity wallet platform.

  • Treeline Biosciences (Watertown, MA) – $200M add-on, total $1.1B; biopharma developing targeted therapies.

  • Mercy BioAnalytics (Waltham, MA) – $59M Series B; liquid biopsies for early cancer detection.

  • Etherealize (NYC) – $40M funding; Ethereum infra for institutions.

  • Recall.ai (San Francisco, CA) – $38M Series B; infra layer for conversation data.

  • Allocate (San Francisco, CA) – $30.5M Series B; OS for private market investing.

  • ModernFi (NYC) – $30M Series B; deposit management tech.

  • Boomerang Medical (Mountain View, CA) – $20M Series B; bioelectronic medicine.

  • Dextall (NYC) – $15M investment; prefab building envelope design/installation.

  • XiFin (San Diego, CA) – Undisclosed growth funding; AI-enhanced RCM and billing solutions.

  • Vali Cyber (NYC) – Undisclosed growth funding; ransomware protection.

🚀 Series A

  • Orchard Robotics (San Francisco, CA) – $22M Series A; AI-powered farming automation.

🌱 Seed & Early Rounds

  • Pave Finance (NYC) – $14M Seed; wealth management software.

  • Aurelius Systems (San Francisco, CA) – $10M Seed; defense technology.

  • Advisor.com (Charleston, SC) – $9M Seed; financial advice discovery platform.

  • MagicDoor (Las Vegas, NV) – $4.5M Seed; AI-native property management.

  • Mega (Dover, DE) – $2M Pre-Seed; AI voice agent for O2C management.

  • Grantd (Denver, CO) – Undisclosed Seed; AI-powered equity comp planning.

  • Sunflower Therapeutics (Medford, MA) – $2.36M NIH SBIR grant; protein manufacturing for biotech.

🤝 Strategic, M&A & Undisclosed

📈 IPOs / Direct Listings / Issuances / Block Trades

  • Gemini (NYC) – Targeting $2.2B valuation in planned US IPO; Winklevoss-backed crypto exchange.

  • Via Transportation (NYC) – Seeking $470M raise at $3.5B valuation in IPO; transit tech firm.

  • Neptune Flood Insurance (St. Petersburg, FL) – Filed for US IPO; flood insurance provider.

  • American Bitcoin (US, Trump family–backed) – Soared 50% on debut, now at $5B valuation.

  • G42 / Presight AI (Abu Dhabi, UAE) – Selling 2% stake for $100M; AI decision analytics unit divestiture.

💸 VC Funds Raised & Raising

  • Great Hill Partners (Boston, MA & London, UK) – $7B close for Great Hill Equity Partners IX.

  • Atlas Venture (Cambridge, MA) – $400M close for third Opportunity Fund (biotech).

  • White Star Capital (Global) – $25M first close for North American Seed Fund.

  • Eagle Venture Fund (Fort Worth, TX) – Targeting $50M for Eagle Freedom Fund II (anti-human trafficking).

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📚 Read of the Day

🍎 Apple Building AI Search Engine to Supercharge Siri

Apple is reportedly developing a proprietary AI-powered search engine designed to enhance Siri and rival Google and OpenAI. The project is advancing quickly, signaling Apple’s push to deepen control over its ecosystem and reduce reliance on outside AI models.

The Product Pitch

Apple’s new search engine will be embedded directly into Siri, providing users with a more intuitive and conversational way to search the web and access apps. Unlike Google or OpenAI’s ChatGPT integrations, Apple aims to seamlessly integrate results into its hardware and services.

The Strategy

By building its own search infrastructure, Apple not only differentiates Siri but also unlocks new monetization avenues through App Store integrations, Spotlight, and Safari. It also minimizes dependency on third-party providers, a strategic move to protect margins and user data.

Why It Matters

For founders and investors, this signals that AI-powered search is not just an OpenAI or Google story. Apple is entering the arena with hardware-level integration. This could reshape the competitive landscape in consumer AI and set new expectations for device-native intelligence.

📰 News You Don’t Want To Miss

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