facebook
Traded Co logo
VC
Submit
All News

OpenAI Eyes $1T IPO • Bending Spoons Buys AOL • Figma Adds AI • Google Hits $100B • Apollo x 8VC Team Up • The Prompting Company Raises Seed Funding

The AI race is heating up. OpenAI’s trillion-dollar IPO rumors, Figma’s AI expansion, Bending Spoons bringing AOL back, and Google’s record-breaking $100B quarter all signal a new phase in the tech cycle.

Not another fucking newsletter

Your dose of daily dealflow, essential VC & tech trends to know. The biggest moves in venture, all in one place. Celebrating startups, founders, and funders.

🧑‍🍳 Let’s get right into it…

💰 OpenAI is reportedly preparing a $1T IPO, potentially the largest in market history.

💻 Bending Spoons acquired AOL, planning to modernize one of the internet’s oldest brands.

🎨 Figma acquired Weavy, adding AI-powered media generation to its design platform.

🧠 Google’s parent Alphabet hit $100B in quarterly revenue, fueled by AI-driven ad performance.

🤝 Apollo partnered with 8VC to co-invest in late-stage AI and infrastructure startups.

🔍 The Prompting Company raised $6.5M to help brands appear inside ChatGPT and other AI apps.

🧑‍🚀 Top Deals You Can’t Miss

1️⃣ OpenAI – reportedly preparing a $1T IPO, which would be the largest public listing in history and a defining moment for AI investing.

2️⃣ Bending Spoons – officially acquired AOL, aiming to reinvent the internet icon as a modern content and productivity platform.

3️⃣ Legora – raised $150M Series C to scale its enterprise AI infrastructure business across Europe.

4️⃣ Fruitist – raised $150M backed by Ray Dalio and JPMorgan private clients to scale its superfruit brand globally. The LA-based company is building the “Nike of nutrition” through premium produce and data-driven growth.

5️⃣ Figma – acquired Israeli AI startup Weavy for ~$200 M, bringing generative image & video tools in-house to supercharge its design platform.

6️⃣  The Prompting Company – raised $6.5M seed led by Accel and Concept Ventures to help brands get featured inside ChatGPT and other AI applications.

🧠 Dopamine Dealflow

🌳 Series B+ & Growth

  • Legora, a London-based enterprise AI infrastructure provider, raised $150M in Series C funding.

  • Fruitist, a Los Angeles-based superfruit brand backed by Ray Dalio and JPMorgan, raised $150M in equity financing.

  • IntrCity SmartBus, an India-based mobility platform, raised $30M at a $140M valuation.

  • Recess, a NYC-based relaxation beverage brand, closed a $30M Series B.

  • VentureMed Group, a Minneapolis-based medical device company, raised $28M in Series C funding.

  • Reflectiz, a Boston-based web exposure management platform, raised $22M in Series B funding.

🚀 Series A

  • Arya Health, based in NYC, raised $18.2M in Series A funding for its AI-powered home health platform.

  • Uluu, a Perth-based seaweed biomaterials startup, raised AUS$16M (~$10.4M USD) in Series A funding.

  • Homecourt, a Los Angeles-based home and fragrance brand co-founded by Courteney Cox, raised $8M in Series A funding.

🌱 Seed & Early Rounds

  • The Mobile-First Company, founded by Jérémy Goillot, raised $12M in seed funding co-led by Base10 Partners and Lightspeed Venture Partners.

  • The Prompting Company, a London-based AI marketing startup, raised $6.5M in seed funding led by Accel and Concept Ventures.

  • Dion, an invite-only social app founded by Revekka Palaiologou and Miltos Kambourides, raised $2M in a SAFE round at a $20M valuation.

  • Valthos, a San Francisco-based AI biodefense startup, raised $30M in seed financing.

  • KapKap, an AI-native Web3 platform, raised $10M in seed funding.

  • TestSprite, a Seattle-based agentic testing tool, raised $6.7M in seed funding.

  • CustoMED, a Ramat Gan-based orthopedic AI startup, raised $6M in seed funding.

  • Socratix AI, a San Francisco-based AI coworker platform, raised $4.1M in seed funding.

  • Surgical Automations, a Dallas-based surgical robotics company, raised $3.4M in seed funding.

  • FrontlineIQ, a Montreal-based AI sales coaching startup, raised $3.3M in seed funding.

  • Polyembo, a Longmont-based medical device company, closed a new funding round.

  • iOrganBio, a Chapel Hill-based cell production company, raised $2M in funding.

  • Hoop.dev, a Boston-based app delivery platform, raised an undisclosed seed round.

🤝 Strategic, M&A & Undisclosed

  • Bending Spoons, the Milan-based app giant behind Splice and Evernote, confirmed its acquisition of AOL.

  • Voxel, a San Francisco-based computer vision AI firm, received a strategic investment from Ericsson Ventures.

  • Sensor Tower received a strategic investment from Shinhan Securities.

  • BTS Software Solutions secured funding from Blue Delta Capital Partners.

  • Dream Exchange, a Clearwater-based stock exchange, received an investment from Elwood Blackwell.

💸 VC Funds Raised & Raising

  • Antidote, a London-based accelerator, launched with £2.5M ($3.2M USD) in initial funding.

  • Fuel Venture Capital appointed Selene Casabal as General Partner and Chief Venture Officer.

  • Flyover Capital announced the full lineup for its 2025 MidxMidwest (MXMW) event.

Founders: Want to be featured on @tradedvc? → traded.co/submit/vc

@tradedvc posts on 🔥

📚 Read of the Day

🤖 The $20K Robot That Does Your Chores

1X Technologies, the Norwegian robotics firm backed by OpenAI, launched Neo, a $20,000 humanoid robot designed for home tasks like cleaning and organization.

Why It Matters: Household robotics is finally crossing into the mainstream, with OpenAI’s backing giving 1X a first-mover advantage.

💻 Bending Spoons Revives AOL

Italian app powerhouse Bending Spoons officially acquired AOL for $1.5B, planning to relaunch the brand as a modern productivity and content platform.

Why It Matters: A 90s internet icon is being rebuilt by one of Europe’s fastest-growing app companies. Nostalgia now has a business model.

📰 News You Don’t Want To Miss

🤖 Figma acquires AI startup Weavy — Adds generative media tools to supercharge creative collaboration.

🧹 1X launches “Neo,” a $20K household robot — Brings OpenAI-backed robotics to the home.

💰 OpenAI eyes $1T IPO as soon as 2026 — Could become the largest IPO in history.

🧠 Zuckerberg defends Meta’s AI spend — Says AI investments are already paying off in engagement and ads.

💻 Bending Spoons revives AOL — Confirms the acquisition and rebrand of the internet pioneer.

🚀 Orbital Assembly plans data centers in space — Targets modular orbital data hubs within three years.

OVER AND OUT, BACK TO THE GRIND ⚙️

Want more content? We don’t blame you. You can find more TradedVC content on Instagram, LinkedIn, X, and at traded.co/vc✌️


Property Image
Anthropic Hits $965B Valuation · $17.6B Caesars Acquisition · Cognition Reaches $26B · $240M Focused Energy · $200M Capchase RoundAnthropic edges within reach of becoming the first $1 trillion private company. Capital floods AI infrastructure, fusion energy, and B2B fintech as enterprise demand rewrites the venture playbook.
Property Image
SpaceX Files Record IPO at $1.75T · $66.8B NextEra · Dominion Merger · $700M Hark Series A · $300M AMCA Series B · $250M Exa Series C · $475M Playground Fund IVThe AI infrastructure trade went vertical this week as utilities, chip factories, and compute contracts swallowed historic capital. SpaceX dropped its prospectus, Hark unveiled a $6 billion AI hardware bet, and Anthropic signed a $40 billion compute lifeline with xAI.
Property Image
Anduril Hits $61B Valuation · Isomorphic Labs $2.1B Series B · Fervo Energy IPO Pops 33% · $400M Mind Robotics · Forus Crosses $1B ValuationAI defense and AI drug design pulled in the day's biggest checks, while Fervo Energy's blockbuster IPO marked geothermal's official break into the AI energy stack.
Property Image
VoltaGrid Lands $1B From Blackstone · Cerebras Eyes $48.8B IPO Valuation · OpenAI Forms $10B Deployment JV · Enter Hits $1.2B Unicorn · Nscale Bags $790MAI infrastructure capital is moving in chunks, with over $2 billion landing in power, compute, and chip deals to start the week. OpenAI is rewiring how its software reaches the Fortune 500, and Latin America just minted its first legal AI unicorn.
Traded Co logo

Subscribe to get the most important vc news and trends.

Deals
Newsletter
Articles
Proptech
CRE