In another challenging year for startups, higher valuations and revenue give reason for hope | TechCrunch
Briefly

This week's recap highlights significant movements in the startup ecosystem, particularly noting Voi's successful profitability which may lead to an IPO. Additionally, OpenAI-backed 1X's acquisition of Kind Humanoid illustrates the trend of strategic mergers aimed at enhancing technological capabilities. Alan, a French health insurance company, also posted impressive revenue figures while aiming for future profitability. On the funding front, notable rounds for Helion and TravelPerk showcase the growing investor confidence in startups focused on innovation and sustainability.
Swedish shared micromobility startup Voi reported its first profitable year, putting it in a better position to explore an IPO in upcoming years.
OpenAI-backed Norwegian robotics startup 1X acquired Kind Humanoid, enhancing its capabilities through collaboration with high-profile designer Yves Béhar.
French health insurance startup Alan revealed it generated approximately $525 million in revenue in 2024, aiming for profitability by 2026.
Nuclear startup Helion raised a $425 million Series F round for its fusion reactor efforts, increasing its valuation to $5.245 billion despite a smaller raise.
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