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.
Photo: 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.
Photo: 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.Wednesday, 18 February 2026
Photo: Petiatil / Wikimedia Commons, CC BY-SA 3.0Commerce & marketing · North AmericaTitanX buys sales dialer FrontSpin in eight-figure deal a month after its Series ATitanX's chief executive later put the price at $13 million, with $7 million paid up front, for a dialer company it had worked with for years.
Photo: Vancouver Film School / Wikimedia Commons, CC BY 2.0AI · North AmericaFoundry, maker of Nuke, acquires Seattle AI orchestration startup GriptapeThe London visual-effects software company bought a three-year-old startup founded by former AWS staff to bring AI models and agents into studio pipelines through tools such as Nuke.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.
Photo: 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.
Photo: 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.
Photo: 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.