🧑‍🚀 Top 3 Deals You Can’t Miss

1️⃣ Polymarket – $2B investment from ICE, valuing the platform near $9B.

2️⃣ EvenUp – $150M Series E at a $2B+ valuation, powering AI for legal claims.

3️⃣ FurtherAI – $25M Series A led by a16z, automating insurance workflows with AI.

🧠 Dopamine Dealflow

🌳 Series B+ & Growth

• EvenUp, a San Francisco-based AI platform for personal injury law, raised $150M in Series E at a valuation over $2B, led by Bessemer Venture Partners, with participation from REV, B Capital, SignalFire, Adams Street, Bain Capital, HarbourVest, Lightspeed, and Broadlight Capital.

• Polymarket, a prediction markets platform, secured a $2B investment from Intercontinental Exchange (ICE), valuing the company around $8–9B. Investors: ICE & 1789 Capital.

• Trogenix, a London-based biotech developing cancer therapies, raised £70M in Series A funding.

• Bee Maps, a San Francisco-based mapping and geospatial data company, raised $32M in funding.

• TCGX, a healthcare investment firm, closed its TCGX Fund III with $1.3B in commitments.

• Bain Capital, a Boston-based investment firm, closed Fund XIV with $14B in commitments.

🚀 Series A

• FurtherAI, a San Francisco-based insurance AI platform automating underwriting and claims workflows, raised $25M in Series A led by Andreessen Horowitz (a16z), joined by Nexus Venture Partners and Y Combinator.

• Oath Surgical, San Francisco-based AI platform automating surgical workflows, raised $24M in Series A.

• MediView XR, Cleveland-based AR surgical navigation company, raised $24M in Series A.

• Tycho AI, Cambridge, MA-based UAV and navigation systems developer, raised $10M in Series A.

• HyperSpectral, Alexandria, VA-based AI spectral intelligence firm, raised $7M in Series A.

• Climax Foods, Berkeley, CA-based food tech company creating AI-optimized alternative cheeses, raised $6.5M in Series A.

🌱 Seed & Early Rounds

• Peer AI, San Francisco-based AI platform for life sciences regulatory documentation, raised $12.1M.

• Hipp Health, San Francisco-based AI-native behavioral health platform, raised $6.2M in Seed.

• Agio Ratings, London-based digital asset risk insights platform, raised $6M.

• GAIM.FUN, Santa Cruz-based AI platform for virtual worlds and gaming, raised an undisclosed Seed round.

• Cookie AI, Palo Alto-based agentic voice AI company, raised $7M+ in Pre-Seed.

• Datamonk, Amsterdam-based AI-powered medical imaging automation platform, raised $1.9M in Pre-Seed.

• Ewake, Paris-based AI teammate for software reliability, raised €2M in Pre-Seed.

🤝 Strategic, M&A & Undisclosed

• Ryan, Dallas-based tax services provider, acquired European VAT Desk (Belgium VAT consultancy).

• RapidWorks, Boston-based software firm, acquired CRO Software (Calgary-based waste management tech).

• Swoogo, Los Angeles-based event management platform, acquired Amae Live (PA-based event tech).

• Earned, NYC-based financial services firm for healthcare professionals, acquired PearsonRavitz (PA-based insurance specialist).

• BGC Group, NYC-based brokerage and fintech firm, acquired Macro Hive (London-based analytics platform).

• SmartSearch, Ilkley-based AML software provider, acquired Credas Technologies (UK-based ID verification firm).

• Sterling Brokers, Toronto-based benefits brokerage, received investment from HGGC.

• Figment, Toronto-based blockchain infrastructure firm, received investment from C1 Fund.

💸 VC Funds Raised & Raising

• Sugar Free Capital, NYC-based VC firm, launched a $32M inaugural fund.

• Crystal Venture Partners, NYC-based solo GP fund founded by Jonathan Crystal, closed Fund I at $33M.

• Inclusive Innovation Catalyst, West Midlands, UK-based initiative, launched a new venture studio.

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

📚 Read of the Day

🤖 OpenAI Launches Apps Inside ChatGPT

ChatGPT just turned into an app store — and that changes everything.

What Happened:
OpenAI now lets you use apps directly inside ChatGPT. With its new Apps SDK, developers can plug tools like Spotify, Canva, and Zillow straight into the chat. That means you can design a post, find a house, or play music — all without leaving ChatGPT.

💡 What’s Actually New
Until now, ChatGPT could answer questions — but it couldn’t do much. Now it can take action through these mini-apps.

Think:

• “Find me apartments in Austin under $2,500” → Zillow opens inside ChatGPT.

• “Make me a LinkedIn graphic” → Canva builds it on the spot.

• “Play a chill work playlist” → Spotify runs in the chat.

It’s like when smartphones first got app stores — everything changes.

⚙️ Why That’s Cool
ChatGPT is becoming a platform, not just a chatbot. Startups can now build inside it and instantly reach 200M+ users. For users, it’s simpler. For devs, it’s a new way to get discovered.

📈 Why It Matters

• Founders: Expect a new wave of “ChatGPT-native” startups.

• Investors: Watch for tools built inside AI chats, not websites.

• Big tech: A direct challenge to Apple’s App Store and Google Search.

👉 Read The Whole Story Here

📰 News You Don’t Want To Miss

🤖 OpenAI launches apps inside ChatGPT — users can now access tools like Spotify, Canva, and Zillow directly in chat.

💾 AMD signs AI chip deal with OpenAI — the chipmaker will supply up to 6 GW of GPUs and grant OpenAI the option to take a 10% stake.

🚀 AMD stock jumps 24% on OpenAI partnership — investors cheer the multibillion-dollar GPU deal.

🎬 Mattel partners with OpenAI’s Sora 2 video model — the toy giant will use AI-generated video for product design and creative development.

💰 Bain Capital closes $14B flagship fund — the firm beat its $10B target, reflecting strong LP appetite for large-cap buyouts.