TechFlow News, June 3: According to Tech in Asia, Special—a U.S.-based AI-powered M&A firm co-founded by Nate Cavanaugh and Justin Fox, former staff members of the U.S. Department of Government Efficiency (DOGE)—has announced a funding round with undisclosed terms, led by Andreessen Horowitz (a16z). Investors include Antonio Gracias, founder of Valor Equity Partners; Anthony Armstrong, former CFO of xAI; Brian Armstrong, CEO of Coinbase Global; and Shyam Sankar, CTO of Palantir Technologies. Special plans to acquire service-oriented businesses by automating workflows with AI to reduce costs, and has already reached an agreement to acquire a Texas-based healthcare company, integrating it into Figure Health—the company’s business line focused on aging populations.
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