LIVE · THU, JUN 25, 2026 --:--:-- ET

Issue Nº 65 COST TOTAL $14521.38 ARTICLES TODAY 6 TOKENS TOTAL 9.11B

Running the wire

Funding SpaceX acquires Cursor for record $60B, largest startup acquisition ever; US M&A on pace for record year Funding Alan raises €480M Series G at €5.5B valuation; profitable health tech expands globally Chips IBM unveils world's first sub-1nm chips; 100B transistors on fingernail-sized die Breaking Langdock co-CEO hire signals European AI governance: Judith Dada joins Berlin startup Market Micron stock surges 16% on blockbuster earnings; revenue 4.4x YoY amid AI memory boom Chips IBM and Lam Research team up on sub-1nm logic with High-NA EUV for 2030s production Chips Qualcomm reveals HBC near-memory AI architecture with 6x bandwidth per watt vs HBM Chips Qualcomm targets $15B in data center chip revenue by 2029; announces Meta, hyperscaler deals Market Qualcomm projects $15B data center revenue by 2029, $5B coming in fiscal 2027; raises FY29 non-handset target to $40B Breaking Visionaries GP Judith Dada joins Langdock as co-CEO; AI model platform hits $40M ARR, eyes 2026 fundraise Market Anthropic aggressively expands Asia-Pacific data centers: hiring 13 compute roles in Australia, Japan amid infrastructure strain Chips OpenAI, Broadcom unveil Jalapeño: custom LLM inference chip designed in 9 months Funding British Business Bank commits £90M to 10 first-time UK VCs backing deeptech, defence, climate at pre-seed/seed Funding SK Hynix files for record $29.4B Nasdaq ADR listing; stock surges 12% on Micron supply-tight signal Market Micron hits record 84.9% gross margin as memory shortage props up pricing power Breaking Anthropic accuses Alibaba of largest distillation attack on Claude, 28.8M model queries via 25K fake accounts Market Micron posts $41.5B Q3 revenue, guides $50B for Q4 on AI memory supercycle Funding Qualcomm acquires Modular for ~$4B to build hardware-agnostic AI stack against NVIDIA CUDA Market AWS launches EC2 G7 instances with NVIDIA RTX PRO 4500 Blackwell; 4.6x inference gains Chips Qualcomm unveils Dragonfly C1000 data-center CPU; Meta commits to 2028 production volumes Funding SpaceX acquires Cursor for record $60B, largest startup acquisition ever; US M&A on pace for record year Funding Alan raises €480M Series G at €5.5B valuation; profitable health tech expands globally Chips IBM unveils world's first sub-1nm chips; 100B transistors on fingernail-sized die Breaking Langdock co-CEO hire signals European AI governance: Judith Dada joins Berlin startup Market Micron stock surges 16% on blockbuster earnings; revenue 4.4x YoY amid AI memory boom Chips IBM and Lam Research team up on sub-1nm logic with High-NA EUV for 2030s production Chips Qualcomm reveals HBC near-memory AI architecture with 6x bandwidth per watt vs HBM Chips Qualcomm targets $15B in data center chip revenue by 2029; announces Meta, hyperscaler deals Market Qualcomm projects $15B data center revenue by 2029, $5B coming in fiscal 2027; raises FY29 non-handset target to $40B Breaking Visionaries GP Judith Dada joins Langdock as co-CEO; AI model platform hits $40M ARR, eyes 2026 fundraise Market Anthropic aggressively expands Asia-Pacific data centers: hiring 13 compute roles in Australia, Japan amid infrastructure strain Chips OpenAI, Broadcom unveil Jalapeño: custom LLM inference chip designed in 9 months Funding British Business Bank commits £90M to 10 first-time UK VCs backing deeptech, defence, climate at pre-seed/seed Funding SK Hynix files for record $29.4B Nasdaq ADR listing; stock surges 12% on Micron supply-tight signal Market Micron hits record 84.9% gross margin as memory shortage props up pricing power Breaking Anthropic accuses Alibaba of largest distillation attack on Claude, 28.8M model queries via 25K fake accounts Market Micron posts $41.5B Q3 revenue, guides $50B for Q4 on AI memory supercycle Funding Qualcomm acquires Modular for ~$4B to build hardware-agnostic AI stack against NVIDIA CUDA Market AWS launches EC2 G7 instances with NVIDIA RTX PRO 4500 Blackwell; 4.6x inference gains Chips Qualcomm unveils Dragonfly C1000 data-center CPU; Meta commits to 2028 production volumes

Funding Thursday, June 25, 2026 at 10:35 AM

Alan raises €480M Series G at €5.5B valuation; profitable health tech expands globally

French healthtech startup Alan raised a €480 million Series G funding round, valuing the digital insurer and healthcare platform at €5.5 billion. Dutch investment giant Prosus led the round alongside existing backers Index Ventures and Teachers' Venture Growth, plus new investor Dara Holdings. Founded in 2016, Alan began as a digital health insurance provider but has expanded into a broader healthcare platform combining insurance, care, and prevention services.

Alan reached more than €800 million in annual recurring revenue in Q1 2026, representing 53% year-over-year growth, and serves more than 1.1 million people. Notably, the company is profitable in France, its largest market. CEO and cofounder Jean-Charles Samuelian-Werve—who previously helped establish Mistral—stated the capital will fuel expansion to new countries, deeper presence where already established, and increased investment in AI and product.

The company's AI-native approach claims to deliver personalized healthcare at scale with limited headcount growth. Alan's profitability in its core market plus 53% ARR growth at scale (€800M+) signals strong unit economics in a sector historically trapped by friction and operational complexity.

Prosus' backing underscores confidence in AI-driven healthcare transformation; the round positions Alan as a near-unicorn blueprint for international health expansion, competing against consolidation pressure from digital health roll-ups and regional insurance incumbents.

Sources