Neko Health's unicorn-sized Series B is larger than some Series C rounds

This week's edition of Startups Weekly highlights significant developments in the startup world, including major acquisitions and legal challenges. Divvy Homes, a rent-to-own startup, is being sold to Brookfield Properties for about $1 billion, though some shareholders may not benefit financially. Hindustan Unilever is acquiring Indian skincare startup Minimalist for $342 million. AI-powered parking platform Metropolis acquired Oosto, a computer vision company, at a reduced price due to its controversial technology. Scale AI, valued at $13.8 billion, is facing its third worker lawsuit of 2025 over psychological harm claims from contractors.

In venture capital and funding news, Databricks raised a $10 billion Series J round at a $62 billion valuation, with Meta as a strategic investor. Neko Health, co-founded by Spotify's Daniel Ek, secured a $260 million Series B round. Lindus Health raised $55 million to move its HQ to the U.S. and address clinical trial inefficiencies. Vertice raised $50 million in a Series C round for its SaaS spend management platform. Indian robotics startup Ati Motors raised $20 million for international expansion. AngelList and CoinList launched crypto fundraising vehicles, capitalizing on crypto's resurgence.

Key takeaways:

Divvy Homes is selling to Brookfield Properties for about $1 billion, but some shareholders may not benefit from the sale.
Scale AI is facing its third worker lawsuit of 2025, with contractors claiming psychological harm from writing prompts about disturbing content.
Databricks closed a $10 billion Series J equity funding round at a $62 billion valuation, with Meta as a strategic investor.
Indian-based Ati Motors raised a $20 million Series B to expand internationally, with the U.S. already dominating its revenues.

Neko Health's unicorn-sized Series B is larger than some Series C rounds | TechCrunch

Key takeaways:

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