☕ SpaceX set to price IPO at a $1.75 trillion valuation on June 11 & OpenAI launches ChatGPT for personal finance.
OpenAI may take legal action against Apple over ChatGPT integration & More.
Breaking News
SpaceX is reportedly preparing to price its IPO on June 11 at a staggering $1.75 trillion valuation, with plans to raise around $75 billion in what could become the largest IPO in history. The listing would give public investors access to one of the world’s most ambitious companies, spanning rockets, satellites, AI infrastructure, and Elon Musk’s long-term vision for space and artificial intelligence.
OpenAI has launched a personal finance feature in ChatGPT that lets users connect bank, brokerage, and credit card accounts to receive highly personalized insights about spending, investing, and financial planning. The move shows OpenAI’s broader strategy to turn ChatGPT from a general chatbot into a deeply integrated “AI super app” that can operate across high-value areas like finance, coding, and productivity.
FROM OUR PARTNER - SEMRUSH
📈 If you had your competitors’ growth playbook, what would you do?
With Semrush, you basically do - See where competitors get their traffic from, Identify their top-performing pages and keywords and Track their presence across search and AI.
It’s like having a live dashboard of your market. Use it to move faster, smarter, and with more confidence.
Good marketing is creative. Great marketing is informed.
Get full access free for 7 days →
STARTUPS RAISING MILLIONS
💰 Startup Funding Updates
PRE-SEED
Chromie Health, a NYC-based AI platform for hospital scheduling and operations, raised $2M in Pre-Seed funding. The round was led by AIX Ventures.
Saile, a NYC-based healthcare staffing and credentialing platform, raised $2.2M in Pre-Seed funding. The round was led by Matchstick Ventures, with participation from Headwater Ventures.
SEED
Harken Sweets, a New York City-based chocolate brand, raised an undisclosed Seed round. The investment was made by Taste Tomorrow Ventures, joining existing backers Selva and GreatPoint Ventures.
Flick, a San Francisco-based AI-native filmmaking platform, raised $6M in Seed funding. Backers included True Ventures, GV, Y Combinator, Lightspeed, and others.
Graphon AI, a San Francisco-based enterprise AI intelligence platform, raised $8.3M in Seed funding. The round was led by Novera Ventures, with participation from Samsung Next, Hitachi Ventures, and others.
Ranger AI, a San Francisco-based revenue operations platform for industrial tendering, raised $8.4M in Seed funding. The round was led by Bonfire Ventures, with participation from 25madison, Inovia Capital, and Panache Ventures.
Urologic Health, a New Jersey and Israel-based medical device company, raised $11M in Seed funding. The round was led by an undisclosed strategic investor, with participation from Edge Medical Ventures and others.
Synthetic, a San Francisco-based AI bookkeeping platform, raised $10M in Seed funding. The round was led by Khosla Ventures, with participation from Basis Set Ventures and prominent angel investors.
GROWTH
Recursive Superintelligence, a London and San Francisco-based self-improving AI company, raised $650M in funding at a $4.65B valuation. The round was led by GV and Greycroft, with participation from AMD Ventures and NVIDIA.
WIRobotics, a South Korean robotics company, raised approximately $68M in Series B funding. The round was led by JB Investment.
Butterfly Medical, an Israel-based medical device company, raised $21M in Series C funding. Backers included the European Innovation Council (EIC) and other investors.
GridCARE, a Redwood City-based power infrastructure company for AI, raised $64M in Series A funding. The round was led by Sutter Hill Ventures and John Doerr.
GovWell, a NYC-based AI operating system for government permitting, raised $25M in Series A funding. The round was led by Insight Partners.
Novella, a NYC-based AI-powered wholesale insurance broker, raised $21M in funding. The round was led by Brewer Lane Ventures.
Nectar Social, a Palo Alto-based agentic social platform, raised $30M in Series A funding. The round was led by Menlo Ventures and the Anthology Fund.
Exponent, a NYC-based financial platform for franchise operators, raised approximately $40M in equity and credit capital. The financing included a $7.5M Series A led by Chailease.
Wirestock, a San Francisco-based creator monetization platform, raised $23M in Series A funding. The round was led by Nava Ventures.
Crew Carbon, a NYC-based water technology company, raised $25M in funding, including $19M in Series A equity and $6M in grants.
Degron Therapeutics, a Shanghai-based biotech company, raised $40M in Series A extension funding. The round was led by LAPAM CAPITAL.
BlueWind Medical, a Salt Lake City-based neuromodulation company, raised $47.8M in combined equity and debt financing.
Turnkey, a NYC-based crypto wallet infrastructure company, raised $12.5M in funding. Backers included Archetype and Circle Ventures.
Iceotope Technologies, a UK-based liquid cooling technology company, raised $26M in Series B funding. The round was led by Two Seas Capital and Barclays Climate Ventures.
equipifi, a Scottsdale-based BNPL platform for banks and credit unions, raised $34M in Series B funding. The round was led by Left Lane Capital.
Stitch, a Riyadh-based cloud-native operating system for financial institutions, raised $25M in Series A funding. The round was led by Andreessen Horowitz (a16z).
Optura, a Nashville-based healthcare AI ROI platform, raised $17.5M in Series A funding. The round was led by Salesforce Ventures.
Ampa, a Palo Alto-based depression treatment platform, raised an undisclosed financing round led by Morningside Ventures and other investors.
NEW VCs IN THE MARKET
🏦 Venture Capital Updates.
Meridian Ventures, a U.S.-based venture firm founded by Harvard Business School graduates Devon Gethers and Karlton Haney, has launched a $35 million debut fund to back pre-seed and seed-stage startups founded by MBA and deferred MBA entrepreneurs. The firm focuses on enterprise technology across sectors like AI, fintech, logistics, and healthcare, and plans to write initial checks of $500,000 to $750,000 into ambitious founders building frontier technologies in the United States.
Haun Ventures, a Menlo Park, CA-based venture capital firm, closed Fund II, at over $1 billion. Institutional investors include sovereign wealth funds, endowments, foundations, pensions, financial institutions, and other global organizations.
PARTNERSHIP WITH US
🤝 Get your startup in front of 120,000+ audience.
Our newsletter is read by 120,000+ of tech professionals, founders, investors (VCs / Angel Investors) and managers around the world. Get in touch today.
KEY STORIES IN TECH
📜 Latest In Tech
Greg Brockman takes over OpenAI’s product strategy
OpenAI co-founder and president Greg Brockman is now officially leading product strategy, reinforcing his growing role while CEO of AGI deployment Fidji Simo remains on medical leave.
Brockman told employees that OpenAI is consolidating ChatGPT and Codex into a single product experience, aiming to create a unified platform built around the company’s vision for AI agents across both consumer and enterprise markets.
The move reflects OpenAI’s broader strategy shift after Sam Altman declared a “code red,” prompting the company to refocus on core products and pause side initiatives such as Sora and OpenAI for Science.
Apple’s new Siri may let users automatically delete AI chats
Apple is expected to make privacy a central theme of its Siri overhaul at WWDC, positioning the assistant as a more privacy-focused alternative to chatbots from OpenAI and other AI companies.
The revamped Siri app, reportedly powered in part by Google Gemini, could allow users to automatically delete conversations after 30 days or one year, or choose to keep them indefinitely.
Apple appears to be using privacy as a major differentiator as it works to catch up in AI, giving users more control over how long their conversations and personal data are stored.
Trust becomes the central question in the Elon Musk and OpenAI trial
As closing arguments wrapped up in the lawsuit between Elon Musk and OpenAI, one of the biggest themes was whether Sam Altman can be trusted, especially after he was questioned about past statements to Congress regarding his financial interests in OpenAI.
TechCrunch’s Equity podcast argued that the issue goes beyond Altman, highlighting a broader concern about trust across all major AI labs because these privately held companies operate with limited transparency while making decisions that could shape the future of technology.
Regardless of the verdict, the trial has exposed how leadership credibility, governance, and personal motivations are becoming just as important as technical breakthroughs in determining which AI companies businesses, regulators, and the public are willing to trust.
SpaceXAI is losing top talent after Elon Musk’s merger
Elon Musk’s newly combined company, SpaceXAI, has reportedly lost more than 50 researchers and engineers since February, including key leaders working on coding, world models, and Grok voice.
Competitors such as Meta and Thinking Machines Lab have hired many of these employees, raising concerns that SpaceXAI’s core pre-training team, which is essential for building next-generation AI models, has been reduced to only a small group.
The departures suggest that even companies with massive funding and ambitious visions can struggle to retain top talent when employees face extreme work demands, aggressive deadlines, and uncertainty about the company’s long-term technical direction.
LAST COFFEE SIP
☕ Other News
OpenAI may take legal action against Apple over ChatGPT integration
OpenAI is reportedly exploring legal action against Apple after its ChatGPT integration into Siri and iPhone features failed to deliver the subscriber growth and product visibility the company had expected.
The partnership was initially seen as a major distribution opportunity, but OpenAI believes the integration was buried inside Apple’s ecosystem and generated far less revenue than projected.
The dispute highlights a recurring pattern in Apple’s history: partners such as Google, Adobe, and Spotify have all benefited from access to the iPhone platform, but later clashed with Apple when strategic interests diverged.
HIRING ALERT: STARTUPS & VC ROLES
💼 Today’s VC & Startup Job Opportunities
Most aspiring VCs struggle with interviews, unclear expectations, no structured prep, and generic advice that doesn’t actually help. So we partnered with a leading investor group to build an all-in-one VC Interview Preparation Guide that gives you real clarity and frameworks. (Access Here)
Summer Analyst - Thomson Reuters Venture | USA - Apply Here
Investment Associate/VP - Venture+ | Taiwan - Apply Here
Vice President, Investor Relations - General Atlantic - Apply Here
Senior Associate - RA Capital | USA - Apply Here
VC Investment Associate - Mercuri | UK - Apply Here
PE & VC Partner Manager - Dealhub | UK - Apply Here
Partner 22 -a16z | USA - Apply Here
Venture Capital Analyst / Associate - Z57 | Hybrid - Apply Here
Infra / Platform Engineer - Pear VC | USA - Apply Here
Investment Associate - Eka Venture | USA - Apply Here
Associate / Senior Associate - Stepstone Group | Italy - Apply Here
Investment Analyst - Lunicorn Venture | UK - Apply Here
WHEN YOU’RE READY, HERE’S HOW I CAN HELP:
💁 You might need our help!
Reach 120,000+ Founders & Investors: Partner with our newsletter to reach a highly engaged audience.
Build Your Pitch Deck: We write, design and model your pitch deck into a storyteller book within 4-5 days.
Do you have any news to share about your Startup or VC fund? Please email us.
We’ll be back in your inbox on Tomorrow.