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Welcome to Startups Weekly — your weekly recap of everything you ca n’t miss from the world of startups . Want it in your inbox every Friday?Sign up here .
The aftermath ofDeepSeek ’s launchwas arguably the big tech story of the week , especially for anyone keeping a close oculus on public marketplace . But individual companies , too , made headlines .
Most interesting startup stories from the week
In startup demesne , even a small profit is newsworthy and could lead to tomorrow ’s IPOs . In the meantime , we look at an M&A and some foreign mission - driven startup push attack .
shoot along : Swedish shared micromobility inauguration Voireported its first profitable twelvemonth . While modestly cash - positive , these 2024 results put the water scooter and due east - bike company in a better position to explore an IPO in upcoming age .
confluence humanoids : OpenAI - game Norwegian robotics startup 1Xacquired Kind Humanoid , whose three - mortal team had started working with mellow - profile designer Yves Béhar in 2024 .
On track : French health insurance inauguration Alan revealed that it generate approximately$525 million in revenuein 2024 and confirmed its finish to reach profitableness by 2026 .
Firefighters : In the consequence of Southern California ’s recent withering fires , TechCrunch ’s Tim De Chant rounded up startup that helpmeasure and mitigate wildfire danger .
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Most interesting VC and funding news this week
Some significant rounds were announce this workweek , but perhaps even more interestingly , we saw some sizable valuation increases .
Hot like fusion : Nuclear startup Helion raised a$425 million Series F round of fundingto serve construct a fusion nuclear reactor for Microsoft . This new round is smaller than the premature one , but valuation increased to $ 5.245 billion .
perk up up : Barcelona - based bodied travel management platform TravelPerk close up a $ 200 million Series E cycle of fundingat a $ 2.7 billion valuation — almost twice its previous $ 1.4 billion valuation .
Quantum race : With$104 million in Series B backing , Gallic startup Alice & Bob assure one of the larger beat for a quantum calculation startup in Europe .
AI against Crab : Quibim , a Spanish inauguration that ’s developing AI models for aesculapian imaging , raiseda $ 50 million Series A round of fundingto double down on its U.S. expanding upon plans . Its flagship product , QP - Prostate , center on prostate cancer detection .
Challenging Autodesk : Motif , a startup developing architecture , technology , and construction ( AEC ) software , secured $ 46 millionin ejaculate and Series A funding to challenge its founders ’ former employer , Autodesk , with a next - generation pattern platform for building .
larger target : Regulatory filing break that 8VC , the Austin - based VC firm led by Palantir founder Joe Lonsdale , is trust toraise around $ 1 billionfor its sixth fund . Its late flagship fomite closed at $ 880 million in 2023 .
need it to 11 : ElevenLabs , which works in the AI audio field , announced that it raised $ 180 million in a Series C round , valuing the companionship at $ 3.3 billion Emily Post - money . Andreessen Horowitz and ICONIQ Growth are co - leading investment .
Lastbutnot least
excuse for end on a negative note , but information suggests that 2025 will beanother brutal year of inauguration wind instrument - downs . However , AngelList CEO Avlok Kohli provided a more convinced prospect , noting that these figures “ are still very low comparative to the number of companies that were fund across both years . ”