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- OpenAI Hits $500B Valuation, Simple Gets Backing from Kevin Hart, Einride Rolls $100M, & Gusto Buys Guideline
OpenAI Hits $500B Valuation, Simple Gets Backing from Kevin Hart, Einride Rolls $100M, & Gusto Buys Guideline
OpenAI becomes the world’s most valuable startup, while Kevin Hart’s Simple lands fresh funding, Einride drives $100M into freight autonomy, and Gusto snaps up Guideline for $600M.

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🧑🍳 Let’s get right into it…
🤖 OpenAI is now valued at $500B after a $6.6B employee secondary share sale.
🎤 Simple, the AI health/weight-loss app backed by Kevin Hart’s HartBeat Ventures, closed a $35M Series B.
🚚 Einride raised $100M to scale its autonomous freight operations.
💼 Gusto acquired retirement startup Guideline for ~$600M amid plans to divest rival-linked customers.
💸 Better Tomorrow Ventures locked $140M for its fintech fund.
⚡ Empower Semiconductor pulled in $140M Series D for AI chip infrastructure.
🧑🚀 Top 3 Deals You Can’t Miss
1️⃣ OpenAI — $6.6B secondary sale valuing the company at $500B.
2️⃣ Einride — $100M growth round for scaling autonomous freight.
3️⃣ Simple — $35M Series B led by Kevin Hart’s HartBeat Ventures.

🧠 Dopamine Dealflow
🌳 Series B+ & Growth
CyberCube (San Francisco, USA) – $180M growth; Spectrum Equity; cyber risk modeling & analytics.
Empower Semiconductor (San Jose, USA) – $140M Series D; powering AI-class processors.
Einride (Stockholm, Sweden) – $100M growth; autonomous freight solutions.
Ansa Biotechnologies (Emeryville, USA) – $54.4M Series B; DNA synthesis company.
Phaidra (Seattle, USA) – $50M+ Series B; AI agents for industrial systems.
Baselane (New York, USA) – $34M growth; financial platform for real estate investors.
Cypher Games (Istanbul, Turkey) – $30M Series A; mobile gaming studio.
Predicta Biosciences (Cambridge, USA) – $23.4M Series A; precision oncology platform.
AudioShake (San Francisco, USA) – $14M growth; AI-powered sound separation.
Cyvl (Boston, USA) – $14M Series A; AI infrastructure intelligence platform.
Price.com (Los Angeles, USA) – $12M growth; AI-powered savings platform.
TiHive (Grenoble, France) – €8M (~$8.6M) growth; industrial inspection solutions.
Dashmote (Amsterdam, Netherlands) – $6M Series A1; AI-powered data analytics.
Returnalyze (Boston, USA) – $6M Series A1; AI-powered returns prevention.
OpusFlow (Deventer, Netherlands) – €3.8M (~$4.1M) growth; renewable energy installer platform.
🚀 Series A
🌱 Seed & Early Rounds
Notch.cx (Tel Aviv, Israel) – $15M Seed; AI-powered autonomous customer support.
Composite (San Francisco, USA) – $5.6M Seed; automating browser-based workflows.
Prosper AI (New York, USA) – $5M Seed; healthcare voice AI platform.
Ankored (Boston, USA) – $4M Seed; youth sports safety & compliance.
SolidCore.ai (Menlo Park, USA) – $4M Seed; risk identification platform.
Pinc Technologies (Pasadena, USA) – $6.8M Seed+; nonlinear photonic circuits (Caltech spinout).
Saga (Amsterdam, Netherlands) – €1.5M+ (~$1.6M) Seed; lawyer-centric AI platform.
Forge Genetics (Nottingham, UK) – £2M (~$2.4M) Seed; novel gene-editing tool.
Circuitry.ai (Tampa, USA) – Undisclosed Seed; decision intelligence for manufacturers.
Tokinvest (Dubai, UAE) – $3.2M Pre-Seed; RWA tokenization marketplace.
🤝 Strategic, M&A & Undisclosed
OpenAI (San Francisco, USA) – $6.6B employee secondary; now valued at $500B.
Honest (Jakarta, Indonesia) – Growth round; credit card issuer.
Trust Wallet (Global) – Launched Trust Moon Web3 accelerator (Binance ecosystem).
Peak XV Partners (India/SEA) – Launched Surge 11 accelerator.
Gusto (San Francisco, USA) – Acquired Guideline for ~$600M.
💸 VC Funds Raised & Raising
Better Tomorrow Ventures (San Francisco/London) – $140M close for Fund III; fintech-focused.
55 North (Copenhagen, Denmark) – €134M first close (€300M target) for Fund I; quantum tech VC.
Creator Fund (London, UK) – $41M first close of first institutional fund; Deep Tech founders.
📈 IPOs / Direct Listings / Issuances / Block Trades
Corteva (USA) – $40B agri-chemicals giant to split seeds & pesticide units into separate listed firms.
Shawbrook (London, UK) – Preparing IPO at $2.7B valuation; backed by BC Partners & Pollen Street.
Dataiku (New York, USA) – Picked banks to prepare IPO.
Diversified Energy (UK/US) – Moving primary listing from London to New York.
ABP Pension Fund (Netherlands) – Sold $455M Caterpillar stake over Israel-linked concerns.
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📚 Read of the Day
OpenAI Hits $500B Valuation
Private stock sale cements it as the world’s most valuable startup
What Happened
OpenAI has become the world’s most valuable private company after employees sold $6.6B worth of shares in a secondary transaction. The sale pegs the company’s valuation at $500B, overtaking giants like ByteDance and SpaceX in the private markets.
The Strategy
By allowing employees to cash out without going public, OpenAI both rewards talent retention and avoids the scrutiny of IPO filings. The $500B price tag reflects investor belief that its foundation models will dominate the next decade of AI.
Powered By…
The valuation is fueled by exploding enterprise adoption of GPT-based products, licensing deals with Microsoft, and speculation around OpenAI’s push into AGI and chip infrastructure.
Why It Matters
For founders and VCs, OpenAI’s new peak highlights two realities:
Liquidity can come via employee secondaries, not just IPOs.
AI valuations are setting new benchmarks, raising the bar for every other frontier tech startup.

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