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Welcome to 2025! The primary half of the week was comparatively quiet when it comes to startup bulletins, however exercise is already beginning to decide up. We’re additionally gearing up for CES; in case your {hardware} startup is attending, be certain that to tell us.
Most attention-grabbing startup tales from the week
Not like different dealmaking, M&A exercise didn’t cease — no less than not on objective.
Final-minute save: Bench, the Canadian accounting startup that all of a sudden shut down a couple of days in the past, shall be acquired by HR tech firm Employer.com for an undisclosed sum in a last-minute deal.
2024’s final mega-deal: World Broad Expertise (WWT), a tech providers firm based mostly in St. Louis, agreed to amass Canadian IT supplier Softchoice in an all-cash mega-deal at a valuation of roughly $1.25 billion.
2024’s final curtain shut: French meals supply startup Epicery ceased operations after 9 years. Since 2021, it belonged to Geopost/DPDgroup, which not too long ago bought last-mile supply service Stuart at a major loss.
2025’s first mega-deal: Thomson Reuters acquired tax automation firm SafeSend for $600 million in an all-cash transaction.
No accomplished deal: The U.Okay.’s Competitors and Markets Authority (CMA) opened an investigation into IBM’s deliberate acquisition of cloud software program vendor HashiCorp, which the Federal Commerce Fee is already investigating.
Competitors forward: In an interview with TechCrunch, Robinhood CEO Vlad Tenev talked about his firm’s plans to more and more compete with still-private prediction markets startups like Kalshi and Polymarket.
Most attention-grabbing fundraises this week
The brand new 12 months stoop had exceptions, and startups outdoors the U.S. introduced recent funding rounds this week.
Dinner is served: Riyadh-based meal supply startup Calo raised $25 million to increase past the Center East, with ambitions to go world and cater to extra personalised meals customization wants.
AI care: Brazilian startup Carecode, which builds AI brokers for the healthcare sector, raised a $4.3 million pre-seed spherical led by a16z and QED, with participation from Endeavor Catalyst, KDX Ventures, K50 Ventures, and Latitud Ventures.
Federated computing: Apheris, a German startup that leverages federated computing for AI life sciences use instances, secured $8.25 million in a Sequence A spherical led by deep tech VC companies eCAPITAL and OTB Ventures.
Most attention-grabbing VC and fund information this week
Preserving on: Accel raised $650 million for its eighth India fund. The agency, which not too long ago deepened its deal with rural India, will see a number of of its Indian portfolio firms go public this 12 months.
Prediction time: Twenty VCs shared with TechCrunch their predictions on enterprise tech in 2025, from AI brokers to enterprise budgets. As an example, Index Ventures accomplice Nina Achadjian stated she anticipates “more liquidity in 2025, both for M&As and the public markets.”
Extra predictions: In keeping with TechCrunch’s Tim De Chant, 2025 shall be the 12 months local weather tech learns to like AI, on account of skyrocketing computing wants that drive demand for all types of improvements to cut back environmental impression.
