Exits — Page 3
M&A, IPOs, secondaries, shutdowns.
- OpenAI buys Glass Imaging, adding iPhone camera veterans to its hardware push
Ziv Attar and Tom Bishop built iPhone Portrait Mode technology before creating a neural image processor valued above $300M in OpenAI's deal.
- fal acquires Lucent to add creative agents above its model APIs
Dimi Panagiotopoulos and Alex Koumpas join fal after building an ad-focused workspace that coordinated image and video models through chat.
- Superhuman agrees to buy Fathom to give its agents meeting memory
Richard White is betting on Superhuman's 40 million-user distribution as meeting notes become fuel for workplace agents.
- Yardi buys Sidero Labs as Talos Linux adds a native hypervisor
Sidero president Steve Francis says the acquisition will support Talos Linux's move into virtual machines and standalone containers; an alpha release is due at TalosCon in October, with general availability planned for December.
- OpenAI shelves its 2026 IPO because the safety work is not done
Sam Altman's decision keeps OpenAI private after an S-1 filing and shifts the public-market race to Anthropic.
- Baseten announces Blaxel acquisition to put agent runtimes beside model inference
Baseten says the acquisition will add sandboxes, persistent storage and networking for long-running agents, with Blaxel remaining available during the integration.
- Analog Devices agrees to pay up to $1.55B for Alif's edge AI chips
Analog Devices is buying the seven-year-old chipmaker founded by Syed Ali and Reza Kazerounian, which builds processors for AI inside power-constrained devices.
- Anthropic weighs shareholder sales in IPO and a lockup longer than 180 days
The AI developer plans to publish its prospectus after Labor Day, ahead of a possible late September or early October listing.
- Nvidia agrees to buy Hugging Face for $12.9B, report says
The deal gives Nvidia control of a central open-model distribution layer at roughly 86 times Hugging Face's annualized revenue.
- Sword Health plans a $300M Headspace buyout after its $3B pandemic mark
Debt and roughly $397M in disclosed equity funding leave common shareholders at the back of a crowded payout line.
- Clerky joins Stripe, pushing its startup stack beyond Atlas incorporation
Darby Wong says Clerky will keep building for high-growth startups and attorneys, giving Stripe a deeper set of company-formation workflows.
- Flipboard announces Graze acquisition to monetize user-built social feeds
Devin Gaffney plans to pair Graze's feed engine with Flipboard's advertiser relationships after 21 months of running lean.
- DuckLabs agrees to join AWS while DuckDB stays with its foundation
The deal is expected to close in early September, bringing DuckLabs' Amsterdam team into AWS while the DuckDB Foundation continues to steward the MIT-licensed projects.
- Gamma acquires Lica and puts its founders in charge of design research
Priyaa Kalyanaraman and Purvanshi Mehta will pair Lica's model research with Gamma's claimed 100 million-user distribution.
- Oura eyes September IPO above $16B as investors may sell shares
Bloomberg reports Oura could raise up to $3B in September, with existing investors expected to sell a significant share of the offering.
- Agility Robotics targets fall SPAC close after Unitree's 460% debut
Peggy Johnson is pitching industrial deployments and $300M in potential multi-year contract value as Agility seeks a $2.5B pre-money valuation.
- YipitData explores a sale above $2.5B after its Groupon-era pivot
Goldman Sachs is testing buyer interest as the data provider targets about $280M in 2026 recurring revenue, Reuters reports.
- Munich Re will buy At-Bay for $575M, Reuters reports
Reuters said the deal carries a $575 million enterprise value and is expected to close in the first quarter of 2027. Munich Re's 2025 annual report listed At-Bay as a 3.68% holding at year-end.
- Checkr announces Truv deal, with the price and closing still offstage
Checkr says the proposed transaction would add Truv's payroll, bank and state-agency verification network, although no reviewed source confirms a legal closing or discloses the price.
- Anthropic's revenue run rate tops $65B ahead of its planned IPO
The July figure is up from $9B at the end of 2025 and 38% above the pace Anthropic reported in May.
- DoiT acquired Attribute to trace AI costs beneath the billing layer
Founders Izhak Zimmermann and Liad Tropp built a kernel-level answer to AI cost allocation; CTech estimates the undisclosed deal at $65M.
- Stripe agrees to buy OpenRouter for more than $7B
The deal would pair model routing with the billing stack OpenRouter already uses, months after a $113M round valued it near $1.3B.
- 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.