🧑‍🚀 Top 4 Deals You Can’t Miss

1️⃣ Polymarket – Crypto-based prediction platform cleared by the CFTC to launch in the U.S. after a no-action ruling, paving the way for regulated event contracts.

2️⃣ India Deep Tech Investment Alliance (IDTA) – $1B+ cross-border coalition of U.S. and Indian investors to fund quantum, AI, space, semiconductors, and biotech.

3️⃣ Sierra – $350M round led by Greenoaks Capital, valuing the AI customer service startup at $10B. Founded by Bret Taylor (ex-Salesforce, OpenAI chair) and Clay Bavor (ex-Google), Sierra is nearing $100M ARR just two years after launch.

4️⃣ a16z Speedrun – Andreessen Horowitz will invest up to $1M each into startups joining its Speedrun accelerator, with applications now open for the SR006 cohort.

🧠 Dopamine Dealflow

🌳 Series B+ & Growth

• You.com (San Francisco, USA) – $100M Series C at $1.5B valuation; led by Cox Enterprises. AI-powered search platform serving 1B+ queries monthly for clients including DuckDuckGo, Windsurf, and Harvey.

• IQM Quantum Computers (Espoo, Finland) – $320M Series B; led by Ten Eleven Ventures with Tesi, Schwarz Group, Bayern Kapital, and EIC Fund. Quantum computing hardware company now valued at $1B+.

• Exa (USA) – $85M Series B; discovery engine designed for AI systems, valued at ~$700M.

• HappyRobot (San Francisco, USA) – $44M Series B; led by Base10 Partners with a16z, YC, Tokio Marine, WaVe-X, and World Innovation Lab. Automating freight operations for DHL, Flexport.

• Seekho (Bangalore, India) – $28M Series B; led by Bessemer Venture Partners with Goodwater, Lightspeed, Elevation Capital. Short-form and vernacular video learning platform.

• Ortivity (Munich, Germany) – €200M funding; healthtech startup scaling EU presence.

• VEMO (Mexico City, Mexico) – $250M investment from Vision Ridge Partners; clean mobility transition company.

• Galvanize Therapeutics (Redwood City, CA) – $100M Series C; advancing pulsed electric field therapies for oncology and lung disease.

• Stark Future (Barcelona, Spain) – €100M+ total funding (latest round led by Eicher Motors); electric motocross bikes maker.

• ViCentra (Utrecht, Netherlands) – $85M Series D; medical device company for diabetes care.

• LayerX (Japan) – $100M Series B; AI startup. Led by TCV.

🚀 Series A

• Predoc (New York, NY) – $30M Series A + Seed; AI-native health info mgmt platform. Led by Base10 Partners, with Northzone, ENIAC Ventures, ERA Ventures, angels incl. Flatiron Health founders, Travis May, Thirty Madison founders, Bill Murphy.

• Utila (NYC, NY) – $22M Series A extension (total $40M); digital asset operations platform for institutions.

• Flex (San Francisco, CA) – $15M Series A; HSA/FSA payments for health & wellness brands.

• Offgrid Energy Labs (Gurgaon, India) – $15M Series A; zinc-bromine batteries as a lithium alternative. Led by Archean Chemicals.

• WheelsOn (Dubai, UAE) – $12.5M funding (equity + fleet + bank financing); mobile-first car rental platform. Valuation near $30M.

• LightYX (Tel Aviv, Israel) – $11M Series A; precise on-site laser projection of building plans. Led by NOVA by Saint-Gobain.

• Tidal Cyber (Reston, VA) – $10M Series A; Threat-Led Defense cybersecurity.

• Tangany (Munich, Germany) – €10M Series A; BaFin-regulated digital asset custodian. Led by Baader Bank, Elevator Ventures (Raiffeisen Bank International), Heliad Crypto Partners, with HTGF and Nauta Capital.

🌱 Seed & Early Rounds

• Magic Mind (USA) – $12M Seed extension; functional beverage startup creating productivity and wellness shots.

• Leo AI (Cambridge, MA) – $9.7M Seed; AI for physical product design. Led by Flint Capital, with a16z scout, TechAviv, Two Lanterns VC, Bertrand Sicot, Prof. Yossi Matias.

• Meroka (NYC, NY) – $6M Seed; reducing admin burden for care teams.

• LightTable (Denver, CO) – $6M Seed; proptech startup.

• Bayes Market (Hong Kong) – $2M funding; prediction platform. Backers: GreenVision Fund, Jkapital Ltd., Bearcat, US public co. chairman.

• Justyol (Casablanca, Morocco) – $1M strategic + financing; cross-border e-commerce platform.

🤝 Strategic, M&A & Undisclosed

• Chargebee (London, UK) acquired Inai (New Castle, DE); payments intelligence.

• SeqOne (Montpellier, France) acquired Congenica (Cambridge, UK); digital health.

• Vaisala (Vantaa, Finland) acquired Quanterra Systems (UK); CO₂ flux monitoring.

• Varonis (Miami, FL) acquired SlashNext (Pleasanton, CA); AI-native email security.

• Speech Graphics (Edinburgh, Scotland) acquired OC3 Entertainment; facial animation tech.

• Commit Agency (Chandler, AZ) acquired Gumas Advertising (San Francisco, CA); full-service ad agency.

• Frontier Bio (Singapore) – Investment from Immortal Dragons; 3D biofabrication.

• Xampla (Cambridge, UK) – $14M; sustainable materials innovation.

• LPOXY (Platte City, MO) – Undisclosed funding; clinical-stage biopharma.

• D•engage (London, UK) – Undisclosed funding; CX data platform.

📈 IPOs / Direct Listings / Issuances / Block Trades

• Kraft Heinz – Plans separation into two entities a decade after merger. ($30B market cap).

• KNDS (France) – Defense giant seeking dual IPO at ~$23B valuation.

• Czechoslovak Group – Defense company weighing IPO at 11-figure valuation.

• Elliott Management – Built a $4B stake in PepsiCo.

• Klarna (Sweden) – Seeking $1.3B raise at $14B valuation in US IPO.

• SMG (Switzerland, backed by General Atlantic) – Planning $1.2B raise at $5.6B valuation in Swiss IPO.

• Legence (US, backed by Blackstone) – Seeking $754M raise at $3B valuation.

• Gemini (US crypto firm) – Seeking $317M raise at $2.2B valuation in IPO.

• Black Rock Coffee Bar (Arizona, US) – Seeking up to $265M raise at $860M valuation in IPO.

• Aegon (Netherlands) – Selling 6% ASR Nederland stake worth $838M, cutting holding to 24%.

• Aux Electric Co. (China) – Raised $532M in Hong Kong IPO; fell in debut trading.

• Figure (US blockchain lender) – Seeking $526M raise at $4.1B valuation in IPO.

• FineToday (Japan, backed by CVC) – Considering Tokyo IPO; could raise $127M.

• Airtel Money (Africa, part of Airtel Africa) – Planning 2026 IPO at ~$4B valuation.

• Quicktron Robotics (China, backed by Alibaba) – Confidential Hong Kong IPO filing; could raise $100M.

• Unitree (China) – Filed for Chinese IPO.

• Freenet (Germany) – Considering IPO of Waipu.TV at $1.7B valuation.

💸 New VCs and Accelerators

• Cybernova Accelerator – Launch from Cyber Creation Ventures + Institute of AI4Sci (PKU Shenzhen); AI for science commercialization.

• a16z Speedrun (SR006) – Andreessen Horowitz accelerator; latest startup program applications open.

• IdeaSpace Foundation (Philippines) – Announced 6 startups in its 13th accelerator cohort.

Founders: Want to be featured on @tradedvc? → traded.co/submit/vc

📚 Read of the Day

Google Can Keep Chrome

Judge Mehta rejects DOJ’s boldest remedies, but forces Google to share data with rivals.

Google scored a partial win in its years-long antitrust battle: it will not be forced to sell its Chrome browser. In a sweeping 230-page ruling, Judge Amit Mehta found that while Google abused monopoly power in search, the most aggressive remedies, such as breaking up Chrome or banning default placement deals with Apple and Mozilla, were too disruptive. Instead, the court ordered Google to share a one-time snapshot of key search data with rivals and barred exclusive distribution deals.

The Strategy
Mehta argued that a Chrome divestiture would harm consumers and degrade the product, calling it “incredibly messy and highly risky.” He also allowed Google to continue paying distribution partners for default placements, citing the potential negative ripple effects of cutting off that revenue stream.

The Backstory
The DOJ originally filed suit in 2020, pushing for remedies as sweeping as forcing a Chrome sale and requiring Google to license search data on an ongoing basis. The case has been one of the most significant antitrust showdowns since Microsoft in the late 1990s, with executives from Apple, Mozilla, and even AI players like OpenAI testifying during the remedies phase.

Why It Matters
The ruling is the toughest U.S. antitrust decision against a tech giant in 25 years, but it also stops short of dismantling Google’s empire. Rivals like DuckDuckGo and antitrust advocates say the remedy is too weak, while the DOJ may still appeal for stronger measures. Meanwhile, Google is now free to appeal the underlying monopoly ruling, potentially setting the stage for years of legal battles that could reach the Supreme Court.

👉 Read The Whole Story Here

📰 News You Don’t Want To Miss

🔮 Polymarket Cleared to Launch in the U.S. by CFTC

🏛️ Google Won’t Have to Sell Chrome

🚖 Waymo Launches in Denver and Seattle

⚡ Tesla Unveils New Master Plan

🤖 Meta Poaches Apple’s Top Robotics AI Leader