IM8 Welcomes Giannis Antetokounmpo As Minority Equity Investor With $100 Million ARR

IM8, a rapidly growing supplement brand founded in late 2024 by Prenetics (NASDAQ: PRE) and David Beckham, has welcomed legendary NBA star Giannis Antetokounmpo as a minority equity investor. The company, known for its clinically-dosed longevity products backed by a world-class Scientific Advisory Board, reached $100 million in ARR within 11 months and anticipates over $180 million in revenue in 2026, joining other athlete investors including Aryna Sabalenka, Ollie Bearman, and Beckham. HQ: Charlotte, North Carolina #VentureCapital #IM8 #GiannisAntetokounmpo #DavidBeckham #TradedVC

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B Capital Closes $500 Million Ascent Fund III To Invest In AI-Driven StartupsB Capital announced the final close of its oversubscribed Ascent Fund III at its $500 million hard cap, nearly doubling the size of its predecessor to back Seed through Series B startups developing AI-driven technologies across healthcare, enterprise, energy and frontier tech in North America and Asia. Co-CEOs and co-founders Eduardo Saverin and Raj Ganguly said the fund will help entrepreneurs build the next generation of AI-powered companies, with more than 20 investments already made, including Apptronik, Havoc AI and Star Catcher, while the firm now manages more than $12 billion in assets across its global investment platform. FOUNDERS: Eduardo Saverin & Raj Ganguly AMOUNT: $500,000,000 HQ: San Francisco, California #VentureCapital #BCapital #EduardoSaverin #RajGanguly #TradedVC

Lockheed Martin Acquires Ultra Maritime From Advent International For $3.45 BillionLockheed Martin has agreed to acquire Ultra Maritime from Advent International for $3.45 billion, expanding its undersea warfare capabilities through the addition of Ultra's sonar technologies, sonobuoys, torpedo defense systems, radar solutions, and autonomous maritime sensing platforms. The business will be integrated into Lockheed Martin's Rotary and Mission Systems division, with Stephanie C. Hill, president of the unit, saying the acquisition strengthens the company's ability to deliver advanced anti-submarine warfare technologies to the U.S. and allied navies amid rising global defense demand. SALE PRICE: $3,450,000,000 HQ: Bethesda, Maryland #VentureCapital #LockheedMartin #UltraMaritime #AdventInternational #TradedVC

Castlelake Agrees To £5.5 Billion Takeover Of EasyJet Valuing Company At £6.90 Per ShareEasyJet, a U.K.-based low-cost airline serving destinations across Europe, has agreed in principle to a £5.5 billion takeover by U.S. investment firm Castlelake, valuing the company at £6.90 per share on a fully diluted basis. The deal follows EasyJet's rejection of three earlier lower offers from Castlelake and, if completed, would mark a significant new chapter for the 31-year-old carrier. A binding offer deadline has been set for Aug. 3. The information provided does not mention a founder or CEO, and no recent funding raise was disclosed. SALE PRICE: $7,352,400,000 HQ: United Kingdom #VentureCapital #EasyJet #Castlelake #TradedVC