Function Health Acquires Getlabs to Expand At-Home Testing Access
Function Health has acquired Getlabs to enable its members to schedule at-home or in-office lab testing, expanding access to health data through mobile healthcare services.
Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.
Function Health has acquired Getlabs to enable its members to schedule at-home or in-office lab testing, expanding access to health data through mobile healthcare services.
Chinese AI startup StepFun is dismantling its offshore corporate structure to prepare for a Hong Kong initial public offering, aligning with new regulatory guidance from Beijing on red-chip companies, Reuters reports.
Global venture capital investment reached a record $300 billion in the first quarter of 2026, with AI startups capturing 80% of the total, according to Crunchbase. The surge was led by massive funding rounds for OpenAI, Anthropic, xAI, and Waymo.
Manna Air Delivery has raised $50 million in Series B funding led by ARK Invest, bringing its total funding to $110 million. The company plans to expand to 40 drone delivery bases across the United States.
Jetstream Venture Fund announced new investments in Surf Therapeutics and Hill Research, expanding its healthtech and AI portfolios. The fund's backing of Hill Research marks its first dedicated AI investment, targeting automation in clinical pharmaceutical research.
Seattle-based Ridge AI has emerged from stealth with $2.6 million in pre-seed funding led by Madrona and joined by TheFounderVC and angel investors from Tableau, Trifacta, and Streamlit. The company offers an AI-native analytics platform that enables B2B software firms to deploy interactive dashboards and AI data agents in hours.
Google has introduced new mental health safety features in its Gemini AI system and pledged $30 million to support global crisis helplines. The updates include a redesigned help interface, expanded partnerships, and safeguards for younger users.
Molex has finalized its acquisition of Smiths Interconnect from Smiths Group plc, expanding its portfolio of high-reliability connectivity solutions across multiple industries.
Robo.ai has announced a 1-for-20 reverse stock split of its ordinary shares as part of a broader effort to optimize its capital structure and strengthen its business operations.
Phantom Space Corporation has acquired Thermal Management Technologies to enhance its Phantom Cloud orbital data center program, bringing satellite thermal expertise in-house.
Numos has raised $4.25 million in seed funding led by General Catalyst, with participation from Operator Collective, to develop its AI platform for enterprise finance teams.
Versant Media Group has acquired StockStory, an AI-driven financial insights platform, to enhance CNBC’s data and analysis capabilities across its digital platforms.
Cupertino-based startup Alcatraz has secured $50 million in Series B funding to expand its AI-powered facial authentication system that verifies employees without storing biometric data.
Sona has secured $45 million in Series B funding led by N47, with participation from existing investors including Felicis, Northzone, Gradient, and Italian Founders Fund. The funding will accelerate the company’s AI platform development and U.S. expansion.
SpendHQ has acquired Sligo AI to integrate agentic AI into its enterprise procurement platform, combining structured spend data with secure AI deployment infrastructure.
Cents has raised $140 million in a Series C round led by Sumeru Equity Partners, marking the largest software investment in the laundry industry to date. The funding will accelerate the expansion of its AI-powered platform for laundromats and dry cleaners.
Trimble has announced plans to acquire Document Crunch to integrate AI-driven risk management and document compliance into its Trimble Construction One ecosystem. The deal aims to enhance contract analysis, compliance automation, and project management workflows for contractors and owners.
Daydream has secured $15 million in Series A funding led by WndrCo, with participation from First Round Capital and Basis Set Ventures. The company plans to use the funds to expand hiring, product development, and market reach.
AccuQuant has raised $20 million to strengthen its AI-driven financial infrastructure, focusing on improvements in system architecture, automation, and data analytics.
French AI startup Mistral AI has obtained $830 million in debt financing to fund a new data center near Paris. The facility will use Nvidia GPUs to power AI model training and inference, and is expected to become operational in the second quarter of 2026.