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Tuesday, 1 July 2025
Startups

Startups Weekly: Fast and furious

Startups Weekly: Fast and furious

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Some startups earned the price at electricity speed this week, and we were confirmed that Defense Tech Red is hot.

The most interesting startup stories from the week

Image Credit:Kelly Sulivan / Getty Images

This week, many startup stories were somehow in Y Combinator’s orbit. In addition, Israel once again lived up to its “Start-up Nation” reputation.

that was fast: No-Code website-beding platform Wix acquired 6 months of age, bootstrapped vib-coding startup base 44-two Israel companies- For $ 80 million cash,

It was also fast: In just three months, the ramp evaluation $ 16 billion jumped After its series E, above $ 13 billion when spending management startup made a secondary sale earlier this year.

Friends and enemies, New details surfaced To acquire a 49% of the startup scale AI on a $ 14.3 billion deal of meta, including a potential dividend payment. We also learned that it was open Sproining Scale AI as a data provider After the deal.

Frenemies: US Defense Department honored Contract up to $ 200 million directly for OpenaiWhich can give more stress to startup relationship with microsoft.

ICMI: Among all the teams presented in YC’s recent spring 2025 Demo Day, here are 11 startups who are talking,

Did not happen: People are still talking about the police, which is shutting down the YC Demo Day after the party that the controversial AI startup tried to throw out by Calluli; Or as Its CEO told Techcrunch“The most famous party that has never happened.”

The most interesting VC and funding news this week

Man in laptop in a defense bunker
HelsingImage Credit:Helsing

Most funding news was either operated by defense technology, AI, or both, but there were some surprises. In addition, a VC firm is making high targets for its next fund.

Good intuition: Applied intuition, software making company for autonomous vehicles, safe A $ 600 million series f and tender proposal On the evaluation of $ 15 billion.

fresh thyme: Munich -based Defense Tech Startup Helsing A € 600 million investment stopped Spotify’s founder Daniel Ek’s VC was led by Firm Prima Materia, which gave Helling the importance of € 12 billion.

New unicorn: Israeli observability startup became a unicorn after coralogics $ 115 million series e enhancingWhich will be used to double its headcount in India, where currently 100 550 employees are currently based.

Tapaja: Mach Industries, a 2-year Defense Tech Startup, confirmed Funding $ 100 million round Evaluation of $ 470 million led by Khosla Ventures and Bedrock.

Money flow: Aspora, a startup known as the east and focused on the convenience of remittance from Indian migrant people, $ 50 million series B closed Evaluation of $ 500 million was co-eaten by Seawia and Graloc.

change of heart: Sword health, an AI-managed digital health startup that began as a virtual physical medical solution, $ 4 billion evaluation closed at $ 40 million In a funding round led by the return of investor general catalyst. It pushed back its IPO plans to at least 2028.

multiplier effect: Multiple Holdings announced to be raised $ 27.5 million in the era of seeds and chain A After joining the growing trend of buying Legacy service businesses – in its case, accounting firms – and scale with AI.

Stock where you shop: Griffin, a startup whose app helps users to buy stocks from brands on which they shop, such as Walmart, $ 11 million safe in a series A round,

Out of Sweden: Polar, Developers and AI-first for a payment infrastructure platform for businesses, Round of $ 10 million seeds Leaded by ACCEL. Its CEO first co-established Tickal, which was acquired by Shopify in 2018.

Rapid: Global VC Endeavor Cataly Demand to raise $ 300 million For its fifth fund. This will be the largest yet, as it seems to deepen its condition on rapidly growing startups in emerging markets.

last but not least

Alexa von Tobel
Image Credit:Alexa von Tobel

The chime is ready for an early investor, founder-VC-VC Alexa von Tobel Fintech 3.0. “The next wave of innovation will not be from the superficial twicex, but from the fundamental deep product reinforcement – equipment meeting the needs of a changing economy and more diverse, digitally native population,” that Told Techcrunch in an interview,

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