SpaceX's Swarm stopped selling its IoT devices as Direct to Cell loomed
Two years after buying the satellite-IoT startup, SpaceX is ending Swarm device sales, planning a modem compatible with its Direct to Cell network.
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300 RECENT CASES · REGULARLY UPDATEDYouTube shut Simsim, the $70M Indian social commerce bet, after two loss-making years
Acquired in 2021 to bring Indian small businesses to video commerce, Simsim lost Rs 157 crore on Rs 18 crore revenue and stops taking orders from 31 March 2023.
Read the casePhilip Morris launched a life insurer that discounts smokers who switch or quit
PMI launched UK life insurer Reviti, cutting premiums for smokers who switch to its heated-tobacco device or quit — insurance as a smoke-free pivot lever.
Read the caseOpendoor co-founder Eric Wu stepped down to build startups as rates neared 8%
Ten years after co-founding Opendoor, Eric Wu cut his operational ties per an SEC filing, leaving an advisor role as the iBuyer fought a near-8% rate market.
Read the caseOla retreated from food delivery a third time to bet on quick commerce
After Ola Cafes and Foodpanda India failed, Ola put its ~50 cloud kitchens' equipment up for sale at 30–50% discounts to focus on quick-commerce unit Ola Dash.
Read the caseNintee shuts down after a year — Wingify founder Chopra returns unspent VC money
Paras Chopra's digital-health startup could not turn AI habit-building into a VC-scale business, pivoted once, and shut down returning most of the round.
Read the caseNebia, the Tim Cook-backed shower startup, sold to Mark Cuban's Brondell
The Kickstarter shower-head maker backed by Tim Cook and Eric Schmidt's family office sold to bidet maker Brondell; terms were not disclosed.
Read the caseMolotov, France's TV streaming pioneer, started selling its platform to other broadcasters
The French TV-as-an-app company opened a B2B division, Molotov Solutions, running white-label OTT platforms for media and telecom firms — its BAMTech moment.
Read the caseM2P Fintech bets big on lending: one core lending stack instead of four or five LMS
India's API banking infrastructure startup consolidated cards, BNPL and three acquisitions into a core lending stack, expecting lending to reach 25% of revenue.
Read the caseEnky takes its circular furniture subscription from Belgium into the UK
Belgian startup furnishing workplaces by subscription with sustainable European furniture — €5M installed in four countries — picks the UK as its next market.
Read the caseEdyoucated bought Peers Solutions to bundle 100,000 DACH users into its skills platform
The Münster AI skill-management startup acquired Berlin's Peers Solutions, inheriting clients including Volvo, TRUMPF and KUKA and a 13,000-competency database.
Read the caseCauseway Studios bets a shared-universe game catalog can survive the Steam flood
Two Arkansas graduates bootstrapped a game studio on contract work, shipped their first Steam title, and bet one fictional universe can cross-sell a catalog.
Read the caseZvoove bought Fortytools to reach small cleaning firms its ERP missed
German HR SaaS Zvoove made its second commercial-cleaning acquisition in a year, buying Fortytools, whose SaaS is used by some 500 cleaning companies.
Read the caseWakelet bought digital portfolio maker Bulb to push deeper into edtech
Manchester content-curation platform Wakelet acquired Bulb, a digital portfolio provider used by teachers and job applicants in over 100 countries.
Read the caseTimberhub raised €5.8M to digitise Europe's offline timber trade
Amsterdam's Timberhub manages procurement, payments and transport for timber buyers across 15 countries, betting wood demand doubles in a decade.
Read the caseTeladoc paid $65M for home-testing firm Catapult as a 'tuck-in'
A Teladoc still digesting its $18.5B Livongo bet bought Catapult Health — $30M revenue, all cash — to push into at-home preventive care.
Read the caseStanza Living bought an IoT startup to run its 75,000 beds
Coliving operator Stanza Living acquired enterprise IoT firm Singularity Automation in cash, a week after a $57M debt raise.
Read the caseSchoolnet bought quiz app Genius Teacher to reach India's private schools
Edtech Schoolnet acquired Genius Teacher in an all-stock deal and hired its cofounder Advitiya Sharma as chief growth officer.
Read the caseInsuranceDekho acquihired Verak to own India's micro-business insurance
Insurtech InsuranceDekho absorbed SME insurance distributor Verak, founder Rahul Mathur included, to deepen its micro-business insurance vertical.
Read the caseIngenico bought Phos to turn phones into payment terminals
Payments hardware giant Ingenico, newly private under Apollo, bought software startup Phos to move 'increasingly toward software over hardware'.
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