Exits
M&A, IPOs, secondaries, shutdowns.
- Arcade acquires Smithery to control agent tool discovery and execution
The deal gives Arcade a popular MCP registry six weeks after its $60 million Series A, extending its reach from authorization into distribution.
- FM acquires FortressFire to add property-level wildfire modeling to insurance
Michael Ashker's platform will remain an independent FM division, pairing ignition modeling and mitigation workflows with the insurer's engineering operation.
- Archer buys Boeing's Wisk, SkyGrid and Insitu to expand beyond air taxis
The deal gives Adam Goldstein autonomy technology, airspace software and a defense drone business Boeing says generates over $200 million annually.
- OpenAI acquires NextSlide as ChatGPT expands into PowerPoint
Founder Ahmed Beshry is selling a second startup after Caper, and his new team will work on ChatGPT's creation and communication tools.
- Formlabs weighs $500 million IPO after reporting $250 million-plus revenue
Bloomberg says the MIT spinout is in early adviser talks, five years after SoftBank led a $150 million round at a $2 billion valuation.
- AMD acquires Taalas to add model-specific silicon to its AI inference stack
The Toronto chipmaker raised $219 million to hardwire AI models into silicon; AMD did not disclose the price and plans to pair the technology with Instinct GPUs.
- Airtable spun out Hyperagent before Bending Spoons' $1.285 billion acquisition
The pending sale sends Airtable's core SaaS business to Bending Spoons while Hyperagent moves into a separate Delaware corporation.
- SpaceX's 911.5 million-share unlock will test its $1.8 trillion IPO math
Employees and early investors can begin selling on August 6th, replacing the scarcity behind SpaceX's debut with a deeper test of demand.
- Procore will buy DroneDeploy for $845 million to feed jobsite data into AI
The cash acquisition gives Procore drones, robots and a visual dataset spanning a claimed 20 trillion square feet.
- SpaceX faces first earnings test after $500 billion market cap drop
SpaceX's August 4 report will test whether Starlink cash generation can fund Starship and AI spending as early shareholders near a sell window.
- Base44's Wix sale shows where solo AI founders hit scale limits
Maor Shlomo used AI to compress product work and preserve ownership, but security, infrastructure and growth still pushed Base44 into a larger organization.
- IG Group agrees to buy Underdog for up to $1.3 billion
The deal gives IG a US prediction-market exchange, while tying another $850 million for employees to steep profit targets.
- Okta agrees to acquire Permiso and push identity security into the SOC
The FireEye veterans behind Permiso give Okta runtime detection across human, machine and AI-agent identities.
- Nscale agrees to buy Ray startup Anyscale for reported $1.65 billion
Anyscale would add a software layer to the vertically integrated AI infrastructure stack Josh Payne outlined before Nscale's rapid capital buildout.
- Cyera signs $1 billion LOI to buy Oasis Security for agent identity controls
The proposed cash-and-stock acquisition would add Danny Brickman and Amit Zimerman's non-human identity controls to Cyera's data-security platform.
- Cognition acquires Poke to bring consumer-style interactions into Devin
Poke will remain available while its founders join Cognition, which plans to apply the assistant's proactive messaging design to its coding agent.
- Cognition acquires TierZero to extend Devin into production operations
Anhang Zhu and Yun Park will bring incident response and infrastructure automations into Devin; financial terms were not disclosed.
- Tempus AI to Acquire Personalis for $1.5 Billion, Expanding Oncology Portfolio
The AI-enabled precision medicine firm is set to integrate Personalis' cancer testing capabilities, bolstering its position in personalized cancer care.
- InterPositive's Netflix sale prices Affleck's production AI at $587M
InterPositive built models around a production's own footage, giving Netflix technology designed for post-production rather than synthetic performances.
- Cribl adds CardinalOps' Israeli security team in estimated $100 million deal
The deal adds about 20 security engineers and detection technology as Cribl builds toward an open alternative to legacy SIEM platforms.
- Omio Group signs deal to acquire Rail Europe for rail distribution scale
The proposed deal would add Rail Europe's agency network and 5 million annual tickets to Omio Group's multimodal portfolio.
- Whatnot acquires Shaped to speed up live-shopping recommendations
Shaped founder Tullie Murrell and nearly a dozen engineers and AI researchers will join Whatnot as the $11.5B marketplace expands beyond collectibles.
- Attovia Therapeutics files for Nasdaq IPO to fund immune-disease biologics
Tao Fu's San Carlos biotech is seeking an ATTO listing before disclosing price range, share count or valuation.
- Switch taps Goldman and JPMorgan for an IPO that could value it near $80 billion
Founder Rob Roy's data center operator could raise up to $10 billion as AI infrastructure demand sends another private-market asset toward Wall Street.