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Sprints closed its fifth fund at a €725M hard cap, roughly 40% above its previous €525M vehicle.
Why it matters: Sprints closed a €725M fund at its hard cap in Europe's weakest fundraising year on record, and its decision to skip foundational AI in favor of application-layer bets offers a concrete read on where growth capital sees returns.
Booking Holdings unveiled Vayo, a Seattle-based AI travel startup led by Mike Fridgen.
Why it matters: Booking Holdings is funding a Seattle startup whose travel agents read inbox confirmations and rebook flights, a test of whether vertical agents beat general-purpose assistants.
Jessica Herrin, founder of Stella & Dot, raised $5 million in seed funding for Marklo.
Why it matters: Forerunner's backing of a founder who ran a $2B seller network shows how commerce investors are betting on AI that decides what to promote, not just drafts the copy.
Loops Smart AI raised $3.5 million in seed funding led by Andreessen Horowitz's a16z speedrun accelerator.
Why it matters: Loops' seed round and its five-part agentic commerce stack show how retailers are consolidating fragmented AI tools into one journey layer.
Whoop closed a $575 million Series G led by Collaborative Fund at a $10.1 billion valuation.
Why it matters: Whoop's $575M Series G at a $10.1B valuation, nearly triple its prior mark, shows how subscription wearables are drawing sovereign funds and health institutions into consumer fitness.
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