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March 6, 2026 - Deals
Science Corp Raises $230 Million In Series C Round At $1.5 Billion Valuation
Science Corp., founded by former Neuralink president Max Hodak, has raised $230 million in a Series C round at a reported $1.5 billion post-money valuation to advance commercialization of its PRIMA brain-implant technology and expand its broader research programs. The company is focused on bringing its implant — designed to restore functional vision for patients with advanced macular degeneration — toward regulatory approval in Europe while scaling additional initiatives such as its biohybrid neural interface and the Vessel organ-preservation platform. Investors in the round include Lightspeed Venture Partners, Khosla Ventures, Y Combinator, Quiet Capital, and IQT, bringing total funding to $490 million.
FOUNDER: Max Hodak
INVESTORS: Lightspeed Venture Partners, Khosla Ventures, Y Combinator, Quiet Capital & IQT
ROUND: Series C
AMOUNT: $230,000,000
VALUATION: $1,500,000,000
HQ: Alameda, California
#VentureCapital #ScienceCorp #MaxHodak #TradedVC
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Ferrero Acquires Purely Elizabeth For Estimated $850 MillionPurely Elizabeth started with homemade muffins and a $5,000 bet from founder Elizabeth Stein. More than a decade later, the better-for-you food brand has grown to 30,000+ stores and is being acquired by Ferrero for an estimated $850M+.
Stein built the company slowly, waiting years before raising outside capital and expanding from Whole Foods into Target and Walmart. Now, she’ll remain CEO as Purely Elizabeth enters its next chapter under Ferrero.
A founder-led food brand, built without rushing the process.
#VentureCapital #PurelyElizabeth #ElizabethStein #CPG #TradedVC
NVent Electric Acquires Maverick Power For $1.75 Billion To Enhance Power InfrastructurenVent Electric has agreed to acquire Maverick Power for $1.75 billion, with up to $550 million in additional performance-based consideration, as it expands its power infrastructure capabilities to meet rising AI data center demand. The McKinney, Texas-based manufacturer of engineered power distribution solutions, which is expected to generate about $700 million in revenue this year, will strengthen nVent’s offerings across switchgear, switchboards, and modular solutions; nVent CEO Beth Wozniak said the deal will enhance the company’s ability to serve data center customers.
SALE PRICE: $1,750,000,000
HQ: St. Louis Park, Minnesota
#VentureCapital #nVentElectric #MaverickPower #TradedVC