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Fountain Life, a longevity-focused health company co-founded by Dr. William Kapp, Tony Robbins, and Dr. Peter Diamandis,...
14/08/2025

Fountain Life, a longevity-focused health company co-founded by Dr. William Kapp, Tony Robbins, and Dr. Peter Diamandis, raised $18M in a Series B led by EOS Ventures, with participation from existing board members and investors. Founded in 2020 through a merger of Kapp’s Longevity Performance Center and Robbins and Diamandis’ Fountain Therapeutics, the company operates four centers specializing in early detection, health optimization, and regenerative therapies, with plans to expand to Houston, Los Angeles, and Miami.

INVESTORS: EOS Ventures, Todd Wanek & B.K. Modi

ROUND: Series B
AMOUNT: $18,000,000

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Squint, founded in 2021 by Devin Bhushan, has raised $40 million in a Series B round at a $265 million valuation to mode...
14/08/2025

Squint, founded in 2021 by Devin Bhushan, has raised $40 million in a Series B round at a $265 million valuation to modernize manufacturing through AI and augmented reality. The platform captures and documents the expertise of veteran factory operators, transforming it into AI-powered procedures that enable any worker to perform complex tasks with expert precision. Backed by The Westly Group, TCV, Sequoia Capital, and Menlo Ventures, Squint’s technology is already used by companies like PepsiCo, Michelin, and Ford, supporting tens of thousands of operators in hundreds of factories worldwide.

INVESTORS: The Westly Group, TCV, Sequoia Capital & Menlo Ventures

ROUND: Series B
AMOUNT: $40,000,000
VALUATION: $265,000,000

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Ford CEO Jim Farley announced a $5 billion investment to develop a new lineup of affordable electric vehicles, marking a...
13/08/2025

Ford CEO Jim Farley announced a $5 billion investment to develop a new lineup of affordable electric vehicles, marking a major strategic shift aimed at competing with Chinese automakers and reversing losses in Ford’s EV business. The plan includes a $2 billion revamp of the Louisville, Kentucky factory and a $3 billion battery facility in Marshall, Michigan, expected to create or preserve about 4,000 jobs. Central to this effort is the new Ford Universal EV Production System, which Farley describes as a “Model T” moment, designed to build simpler, lighter, and more cost-efficient EVs—starting with a $30,000 midsize electric pickup slated for 2027—signaling a bold pivot in Ford’s approach to electric vehicles.

AMOUNT: $5,000,000,000

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Gildan Activewear, a Canadian basic apparel manufacturer, has agreed to acquire U.S.-based Hanesbrands for $2.2 billion ...
13/08/2025

Gildan Activewear, a Canadian basic apparel manufacturer, has agreed to acquire U.S.-based Hanesbrands for $2.2 billion in cash and stock, offering about $6 per share—a 24% premium to its recent close. The deal will combine Hanesbrands’ popular retail brands, including Hanes, Bonds, Maidenform, and Playtex, with Gildan’s strong wholesale presence across global markets, aiming to boost efficiency through Gildan’s low-cost manufacturing expertise. Expected to close in late 2025 or early 2026, the acquisition marks a strategic expansion for Gildan while Hanesbrands continues to streamline its portfolio and recover from years of financial and operational challenges.

SALE PRICE: $2,200,000,000

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Jump, founded and led by CEO Jordy Leiser, has secured a $23 million Series A round led by Alexis Ohanian’s Seven Seven ...
13/08/2025

Jump, founded and led by CEO Jordy Leiser, has secured a $23 million Series A round led by Alexis Ohanian’s Seven Seven Six, with participation from existing backers Forerunner Ventures, Courtside Ventures, Will Ventures, Drive by DraftKings, and several new sports team owner investors. The company offers a unified fan experience platform purpose-built for professional sports teams, replacing outdated ticketing systems and disconnected tools with an end-to-end solution that spans ticketing, sales, marketing, and operations. With NBA and WNBA teams already onboard, Jump plans to use the funding to scale its platform, enhance product innovation, and empower sports organizations to take control of their data, fan engagement, and revenue growth.

INVESTORS: Seven Seven Six, Forerunner Ventures, Courtside Ventures, Will Ventures & Drive by DraftKings

ROUND: Series A
AMOUNT: $23,000,000

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Summit Series () was acquired by Events.com (), marking a new chapter for the pioneering platform that has, for the past...
13/08/2025

Summit Series () was acquired by Events.com (), marking a new chapter for the pioneering platform that has, for the past 17 years, convened the world’s leading creative and entrepreneurial minds through exclusive, immersive gatherings. Known for hosting visionaries like Richard Branson, Jane Goodall, and Kendrick Lamar, Summit has cultivated a global community that thrives on innovation, collaboration, and bold ideas. Now under the Events.com umbrella, Summit will benefit from expanded resources and global reach. Mitch Thrower, CEO, chairman, and co-founder of Events.com—as well as a longtime Summit community member—emphasized the shared values between the two organizations and a commitment to strengthening the impact of the Summit community worldwide.

Summit Series HQ:

“every great funding round requires a 2-month St. Tropez/Ibiza/Mykonos bender”
12/08/2025

“every great funding round requires a 2-month St. Tropez/Ibiza/Mykonos bender”

Perplexity AI, the AI-powered search engine startup, has made an unsolicited $34.5 billion bid for Google’s Chrome brows...
12/08/2025

Perplexity AI, the AI-powered search engine startup, has made an unsolicited $34.5 billion bid for Google’s Chrome browser, a move coming after the U.S. Department of Justice proposed Chrome’s divestiture in an antitrust case Google lost last year. Valued at $18 billion in July, Perplexity said several investors are backing the offer despite it exceeding the company’s own valuation. Known for launching its AI browser Comet last month and previously eyeing TikTok, Perplexity is vying for dominance in the generative AI race alongside Meta and OpenAI, while Google has yet to respond to the proposal.

AMOUNT: $34,500,000,000

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Lagos-based food delivery startup Chowdeck, founded in 2021 by CEO Femi Aluko alongside Olumide Ojo and Lanre Yusuf, has...
11/08/2025

Lagos-based food delivery startup Chowdeck, founded in 2021 by CEO Femi Aluko alongside Olumide Ojo and Lanre Yusuf, has raised $9 million in Series A funding led by Novastar Ventures with participation from Y Combinator and others. Already profitable, Chowdeck plans to use the capital to launch a quick commerce strategy, expand across Nigeria and Ghana, and open 40 dark stores by year-end, scaling to 500 by 2026, while continuing its rapid growth in local food, grocery, and essentials delivery.

INVESTORS: Novastar Ventures, Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo & HoaQ

ROUND: Series A
AMOUNT: $9,000,000

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Meta, founded by Mark Zuckerberg, has secured a massive $29 billion financing package—led by Pimco ($26B in debt) and Bl...
11/08/2025

Meta, founded by Mark Zuckerberg, has secured a massive $29 billion financing package—led by Pimco ($26B in debt) and Blue Owl Capital ($3B in equity)—to fund a large-scale AI data centre in rural Louisiana, marking one of the biggest AI infrastructure deals ever. The investment, run through a competitive process led by Morgan Stanley, underscores Meta’s push to expand its AI capabilities amid surging demand for computing power, with the facility set to play a central role in training and scaling advanced AI models.

INVESTORS: Pacific Investment Management Co. & Blue Owl Capital Inc.

AMOUNT: $29,000,000,000

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Savor, a Batavia, Illinois-based food technology company co-founded and led by Kathleen Alexander, has developed a groun...
11/08/2025

Savor, a Batavia, Illinois-based food technology company co-founded and led by Kathleen Alexander, has developed a groundbreaking method to create butter from carbon and hydrogen without using animals, plants, or oils, securing backing from Bill Gates. The zero-emissions process, which converts carbon dioxide and water into fat molecules identical to those in dairy butter, offers a dramatically lower land and carbon footprint compared to traditional agriculture. Currently supplying restaurants and bakeries, Savor plans to launch consumer products, including chocolates made with its butter, by 2027.

INVESTOR: Bill Gates

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