Startups Weekly: Different paths on the road to liquidity

techcrunch.comPublished: 5/9/2025

Summary

Startups Weekly recap: Startups saw significant activity this week, with notable M&A deals, funding rounds, and exits. Employer.com acquired Mainstreet.com in a fintech M&A, while General Fusion laid off 25% of its workforce amid financial struggles. Datadog also expanded its tech ecosystem by acquiring Eppo and Metaplane. Retention issues dogged 11x co-founder Hasan Sukkar as he stepped down as CEO. Meanwhile, VC activity saw NewLimit focus on longevity, raising $130M, and Finom, a neobank, secure $105M in funding. Recraft raised $30M after its AI TurboTax rival hit the milestone of 2 million users, while Blinq raised $25M to replace business cards with digital alternatives.