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  • OpenAI & Amazon Seal $38B Cloud Deal • Kimberly-Clark Buys Tylenol Maker for $48.7B • UPS Adds $1.6B Healthcare Arm • Djokovic's Popcorn Startup Raises Capital

OpenAI & Amazon Seal $38B Cloud Deal • Kimberly-Clark Buys Tylenol Maker for $48.7B • UPS Adds $1.6B Healthcare Arm • Djokovic's Popcorn Startup Raises Capital

From AI megadeals to billion-dollar buyouts, capital is chasing control of the cloud, health, and money itself as OpenAI, Microsoft, and Kimberly-Clark lead a new wave of power plays.

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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…

☁️ OpenAI inked a $38B cloud partnership with Amazon AWS, expanding beyond Azure and locking in compute for its next AI frontier.

Microsoft struck a $9.7B deal with Australia’s Iren, securing renewable power and global AI data capacity.

💊 Kimberly-Clark announced a $48.7B acquisition of Kenvue, the parent company of Tylenol, reshaping consumer health.

📦 UPS acquired Andlauer Healthcare Group for $1.6B, strengthening its life-sciences logistics network.

💸 Coinbase is nearing a $2B acquisition of BVNK, which will supercharge its stablecoin payments infrastructure.

🍿 Cob, a New York City-based food startup backed by Novak Djokovic, makes popcorn-style snacks from popped sorghum, offering a corn-free, protein-rich, and allergy-friendly alternative set to disrupt healthy snacking.

🛰️ EnduroSat raised $104M Series B, one of Eastern Europe’s biggest space-tech rounds.

🔐 Teleskope closed a $25M Series A to advance AI-driven data security for enterprises.

🧑‍🚀 Top Deals You Can’t Miss

1️⃣ Kimberly-Clark – $48.7B acquisition of Kenvue, parent of Tylenol, redefining consumer health.

2️⃣ OpenAI – $38B cloud partnership with Amazon AWS, locking in record-scale compute power.

3️⃣ Microsoft – $9.7B agreement with Iren Group, expanding sustainable global AI capacity.

🧠 Dopamine Dealflow

🌳 Series B+ & Growth

  • EnduroSat, a Sofia, Bulgaria-based satellite operator, raised $104 million in Series B funding. Lead investors were not disclosed.

  • Electric Mind, a Toronto, Canada-based AI-led services firm, received a $100 million growth investment. Investors were not disclosed.

🚀 Series A

  • Lettuce Financial, a San Francisco, CA-based fintech startup building solutions for solopreneurs, raised $28 million in Series A funding. Lead investors were not disclosed.

  • Indomo, a Boston, MA-based therapeutics company developing at-home prescription dermatology treatments, raised $25 million in Series A funding. Lead investors were not disclosed.

  • Teleskope, a New York City-based AI security platform improving data protection, raised $25 million in Series A funding. Lead investors were not disclosed.

🌱 Seed & Early Rounds

  • octonomy, a Cologne, Germany-based AI company building agentic systems for enterprise support and service workflows, raised $20 million in Seed funding. Lead investors were not disclosed.

  • Scavenger AI, a Frankfurt, Germany-based software company developing AI-powered business intelligence for Europe’s mid-market, raised €2.5 million (~$2.7 million) in Seed funding. Lead investors were not disclosed.

  • Finstack, an Amsterdam, Netherlands-based finance automation platform, raised €1.2 million (~$1.3 million) in Seed funding. Lead investors were not disclosed.

  • Zeeg, a Berlin, Germany-based provider of a booking CRM platform, raised €1.1 million (~$1.2 million) in Pre-Seed funding. Lead investors were not disclosed.

  • Cob, a New York City-based food startup backed by Novak Djokovic, makes popcorn-style snacks from popped sorghum, offering a corn-free, protein-rich, and allergy-friendly alternative set to disrupt the healthy snacking category.

  • Courage Therapeutics, an Ann Arbor, MI-based biotech developing treatments for genetic and dietary obesity and wasting diseases, closed an undisclosed Seed round. Lead investors were not disclosed.

🤝 Strategic, M&A & Undisclosed

💸 VC Funds Raised & Raising

  • UKG, a Lowell, MA-based provider of AI-driven HR, pay, and workforce management software, launched UKG Ventures, a strategic investment arm focused on worktech solutions.

  • Tech Council Ventures, a Jersey City-based early-stage VC firm investing in healthcare, technology, and energy, joined Liberty Science Center’s SciTech Scity as Venture Capital Innovation Lead Partner.

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📚 Read of the Day

☁️ OpenAI and Microsoft Double Down on AI Infrastructure

OpenAI’s $38B AWS Pact

OpenAI has signed a $38 billion multi-year cloud deal with Amazon Web Services, expanding its compute power as it scales ChatGPT and enterprise AI tools. The partnership makes AWS a key infrastructure partner alongside Azure.

The Strategy: AWS gains a deeper AI foothold while OpenAI diversifies its compute base.

Why It Matters: Cloud capacity is becoming the most strategic currency in AI. Securing compute means securing market dominance.

Microsoft’s $9.7B Bet on Iren

Microsoft inked a $9.7 billion deal with Australia’s Iren Group to secure renewable AI cloud capacity. The agreement locks in sustainable power for Microsoft’s expanding data centers.

Powered By…: The deal uses Iren’s green energy infrastructure to scale Copilot and Azure AI globally.

Why It Matters: The next AI race isn’t just about models or chips, it’s about megawatts and long-term power control.

📰 News You Don’t Want To Miss

🚗 Baidu expands robotaxis, taking on Alphabet’s Waymo — China’s self-driving race heats up as Baidu scales nationwide.

🗣️ New Siri shows real AI progress — Apple’s assistant finally looks smarter and more conversational.

☁️ OpenAI + Amazon sign $38B cloud deal — OpenAI locks in AWS power for its next AI push.

Microsoft inks $9.7B AI cloud pact with Australia’s Iren — Expanding global compute for its growing AI infrastructure empire.

OVER AND OUT, BACK TO THE GRIND ⚙️

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