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M&As and AI are in the spotlight, but there’s still capital left for quick commerce and more

  • AI news was abundant this week, with various M&As and new launches taking place.
  • Typeface, a generative AI unicorn, acquired Treat and Narrato to expand its enterprise offering.
  • Workday purchased AI-powered contract management platform Evisort.
  • IBM acquired Kubecost, a startup focused on Kubernetes cost optimization.
  • SocialAI, a social network filled with bots, was recently launched.
  • Flink, a quick commerce app, raised $150 million including $115 million in equity.
  • Intezer raised $33 million to assist security teams in handling alerts using AI.
  • GreenLite raised $28.5 million to simplify construction permitting.
  • EasyDMARC raised $20 million to simplify email security and authentication.
  • Salesforce Ventures announced the doubling of its AI fund to $1 billion.
  • Insights Partners is close to raising a $10 billion fund for its 13th fund.
  • Era Ventures secured $88 million for its first fund to invest in proptech startups.
  • J.P. Morgan's Head of Startup Banking discussed creating a unicorn in 2024.

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