In a significant move within the skincare industry, Hindustan Unilever has agreed to acquire the Indian skincare startup Minimalist for approximately $342 million. This acquisition highlights the growing value and potential of innovative skincare solutions emerging from India. Meanwhile, in the technology sector, Scale AI finds itself embroiled in its third lawsuit of 2025, as contractors allege psychological harm from exposure to disturbing content. This situation underscores the ongoing challenges tech companies face in managing worker welfare.
On the financial front, Databricks, a prominent data analytics platform, has successfully closed a $10 billion Series J equity funding round, reaching a valuation of $62 billion. This milestone reflects the increasing demand for advanced data processing capabilities across industries. In Sweden, Neko Health, a startup specializing in body-scanning technology, raised $260 million in a Series B funding round, achieving a post-money valuation of $1.8 billion. The investment underlines the rising interest in health tech innovations.
Lindus Health, another innovative startup, has secured a $55 million Series B funding round. Backed by Peter Thiel and Creandum, the company aims to address inefficiencies in the clinical trial industry. Metropolis has acquired Oosto, a computer vision company, for a fraction of its previously raised capital, signaling shifts in the valuation and strategic positioning within the computer vision space.
Scale AI, formerly known as AnyVision, is navigating through legal challenges while maintaining that "numerous safeguards" are in place to protect its workforce. The company has previously faced scrutiny over its technology's use in controversial surveillance applications, leading to the loss of several backers.
In the cryptocurrency domain, AngelList and CoinList have collaborated to launch crypto special purpose vehicles and crypto roll-up vehicles. This partnership aims to streamline investment processes within the rapidly evolving crypto market.
In real estate, Divvy Homes, a rent-to-own startup backed by Andreessen Horowitz (a16z), is set to be acquired by a division of Brookfield Properties for about $1 billion. This transaction marks a significant chapter in Divvy Homes' growth trajectory.
Additionally, Vertice, an AI-powered SaaS spend management platform, has raised $50 million in a Series C funding round led by Lakestar. Sources indicate that Vertice is now valued at close to $500 million.
On the robotics front, Ati Motors, an Indian-based autonomous mobile robots startup, announced a $20 million Series B funding round to support its international expansion. With the U.S. already dominating its revenue streams, Ati Motors seeks to capitalize on the demand for robotics outside of China.
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