Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

HP Acquires Humane's Assets, Discontinues AI Pin

HP has acquired most of Humane's assets for $116 million, leading to the discontinuation of Humane's AI Pin. The acquisition includes Humane's AI platform Cosmos and technical talent.

February 19, 2025

Spyne Secures $16M Series A Funding to Expand AI Platform

Spyne, an AI-powered visual merchandising platform for the automotive industry, has raised $16 million in a Series A funding round led by Vertex Ventures. The funding will support Spyne's expansion in the U.S. and development of next-gen AI solutions.

February 18, 2025

Luminance Secures $75M to Expand Legal AI Platform

Luminance has raised $75 million in a Series C funding round led by Point72 Private Investments, bringing its total funding to $165 million. The investment will support the expansion of its AI-driven contract management solutions.

February 18, 2025

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