Finance Knuggets

Jan 31, 2025

This week in the world of dealmaking, there have been some significant developments. Cybernetix Ventures is raising a second fund of at least $100 million to invest in robotics startups. Bloom Energy’s CEO discusses the energy needs of AI platforms, while OpenAI’s CEO continues to invest in clean energy tech. Additionally, Carlyle Group is taking a minority stake in Entertainment 360, a Hollywood production and talent management firm. Binance Labs has rebranded as YZi Labs, cementing its break from the crypto exchange giant.

In other industry news, Closinglock, a real estate fraud prevention startup, secured $34 million in funding, while The Helper Bees raised $35 million for home care services. Kode Health also raised $27 million for on-demand medical coders. Key deals of the week include Finout raising a $40 million Series C round, Rad AI raising a $60 million Series C, Oxyle raising $15.7 million for wastewater treatment, Qsic raising $25 million for in-store audio services, and Tradeverifyd raising an $8 million Series A for supply chain risk management software.

In terms of personnel moves, Alastair McGill joined Moneyhub as CEO, Carlos Silis was appointed chief marketing officer at Knowtion, Jamie Freed was appointed chief of strategic partnerships at Doc.com, Meera Clark was promoted to partner at Redpoint Ventures, and Hiroki Totoki will become CEO of Sony Group in April. These developments highlight the ongoing activity in the world of dealmaking and the strategic shifts taking place in various industries.

Stay Well!

summy
summy