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March 4, 2025 - Deals
Eric Litman Purchases Property From Aescape
Aescape, a New York-based AI-powered massage startup founded by CEO Eric Litman, has raised $83 million in a new funding round led by Valor Equity Partners, with participation from NBA All-Star Kevin Love, Fifth Wall, and Alumni Ventures. The company, now valued at around $250 million, is expanding its partnership with Equinox, bringing its robotic massage tables to 60 locations. Aescape also plans to scale into wellness destinations like Four Seasons and Marriott, as well as new markets like physical therapy and professional sports.
INVESTORS: Valor Equity Partners, Kevin Love, Fifth Wall & Alumni Ventures
AMOUNT: $83,000,000
VALUATION: $250,000,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Aescape #EricLitman #ValorEquityPartners #KevinLove #FifthWall #AlumniVentures #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC