AcquiredStartups
Weekly roundup · 16–22 February 2026

11 startup exits in the week of 16–22 February 2026: Hims & Hers’s $1.15bn deal for Eucalyptus leads

7 deals disclosed a price, worth $1.61bn together. Commerce & marketing was the busiest sector and North America the busiest region.

Hims & Hers agrees to buy Australian telehealth company Eucalyptus for up to $1.15 billionPhoto: Rob Deutscher / Wikimedia Commons, CC BY 2.0

We tracked 11 startup acquisitions announced between 16–22 February 2026, across 5 regions. Only 7 disclosed a price, adding up to $1.61bn; the rest kept terms private, which is normal for venture-backed exits.

The largest was Hims & Hers’s $1.15bn purchase of Eucalyptus. Palo Alto Networks paid $400m for Koi.

Commerce & marketing accounted for 2 deals and North America for 5.

Thursday, 19 February 2026

Photo: Rob Deutscher / Wikimedia Commons, CC BY 2.0Healthtech & bio · OceaniaHims & Hers agrees to buy Australian telehealth company Eucalyptus for up to $1.15 billionOnly about $240 million is paid in cash at closing; the rest depends on deferred payments and earnouts through early 2029 that Hims & Hers can settle in cash or stock.$1bn+Sydney·19 February 2026·3 min readPhoto: Masaru Kamikura / Wikimedia Commons, CC BY 2.0Consumer & media · North AmericaMarquee Brands buys Food52 out of bankruptcy for $9.9 million, pairing it with America's Test KitchenFood52 was valued at $300 million in 2021; its media business sold at a bankruptcy auction for $9.9 million plus some liabilities, and its Schoolhouse and Dansk brands went to other buyers.< $50mNew York·19 February 2026·3 min readPhoto: M R Karim Reza / Wikimedia Commons, CC BY-SA 4.0Legal & compliance · North AmericaHg-backed CUBE acquires Silicon Valley compliance AI startup 4CRisk.aiThe deal takes London-based CUBE beyond financial regulation into cyber, AI, privacy, labour and ESG rules, using 4CRisk's models that map company policies to legal obligations.UndisclosedUnited States·19 February 2026·3 min readPhoto: ampersandyslexia / Wikimedia Commons, CC BY 2.0Consumer & media · EuropeScopely takes majority stake in Pixel Flow! studio Loom Games in deal reported to value it above $1BThe Istanbul studio was formed in 2025 and has about 20 people, yet its first game became the only casual title released in the past year to reach the monthly top 20 grossing chart in the US.UndisclosedIstanbul·19 February 2026·3 min read

Tuesday, 17 February 2026

Photo: www.Pixel.la Free Stock Photos / Wikimedia Commons, CC0Cybersecurity · IsraelPalo Alto Networks to acquire Israeli AI endpoint security startup KoiKoi, founded in 2024 and backed by $48 million, scans extensions, packages and AI agents that slip past traditional endpoint tools. Globes and CyberScoop put the price at about $400 million.$250m–1bnTel Aviv·17 February 2026·3 min readPhoto: Livestock Industries, CSIRO / Wikimedia Commons, CC BY 3.0Healthtech & bio · East AsiaTechmatrix agrees to take control of pathology AI startup Medmain for about ¥2.3 billionTechmatrix's subsidiary PSP has been a Medmain shareholder since 2022; together they plan to buy out the startup's other investors and build a combined digital pathology platform.< $50mFukuoka·17 February 2026·3 min readPhoto: S.aderogba / Wikimedia Commons, CC BY-SA 4.0Fintech · North AmericaBridgeWise acquires Chicago sentiment-data firm Context Analytics to feed its AI wealth agentThe Israeli wealth-AI company is buying a supplier of machine-readable news and filings sentiment used by S&P Global Market Intelligence, in a deal Calcalist estimated at about $13 million.< $50mChicago·17 February 2026·3 min readPhoto: Ecole polytechnique Université Paris-Saclay / Wikimedia Commons, CC BY-SA 2.0Developer tools · EuropeMistral AI buys Paris serverless startup Koyeb in its first acquisitionThe French model maker, last valued at $13.8 billion, is adding Koyeb's 16-person team and its GPU inference platform to Mistral Compute, its push to sell AI cloud infrastructure.UndisclosedParis·17 February 2026·3 min read