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Grocery platform Misfits Market acquires The Rounds to further its mission of reducing food waste

30 May 2025 at 12:00
Misfits Market, the online platform that delivers imperfect groceries to help minimize waste, announced the acquisition of household restocking service The Rounds on Friday. As a result of the deal, Misfits Market plans to take on over 250 items from The Rounds’ inventory. This allows the company to diversify into additional categories, such as household […]

Jony Ive to lead OpenAI’s design work following $6.5B acquisition of his company

21 May 2025 at 17:59
OpenAI is acquiring io, the device startup that CEO Sam Altman and famed Apple designer Jony Ive have quietly been working on for two years, in an all-equity deal that values that startup at $6.5 billion, according to The Wall Street Journal. As part of the unusual deal announced Wednesday, Ive and his design firm, […]

Lyst, a fashion marketplace once valued at $700M, sells to Japan’s Zozo for $154M

9 April 2025 at 10:29
Fashion goes in and out of style, and it turns out, so do fashion startups. Lyst, a high-end fashion marketplace that was once valued at $700 million, has been acquired for just $154 million in cash by Zozo, a Japan-based fashion and e-commerce business. Zozo owns a number of fashion brands that include Wear by […]
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