James Manso / WWD:
Online DTC luxury brand Quince raised a $500M Series E led by Iconiq at a $10.1B valuation; it recently launched in Canada and its revenue topped $1B in 2025  —  The quickly growing company's revenues topped $1 billion last year.  —  Quince has a fresh infusion of cash.

Hundreds of volunteers spanned out across the five boroughs early Wednesday, working through the night to survey unhoused New Yorkers for the annual Homeless Outreach Population Estimate, or HOPE, count.  They canvassed subway stations and sidewalks, pedestrian plazas and parks, in neighborhoods with an obvious population of unsheltered people and in neighborhoods that don’t have […]

The post HOPE Count Finally Takes Measure of Homeless New Yorkers After Extreme Cold Snap appeared first on THE CITY - NYC News.

Kate Clark / Wall Street Journal:
Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered factory robots, raised $500M led by Accel and a16z, source says at a $2B valuation  —  Mind Robotics is building factory robots, joining up with the electric-vehicle maker on training and testing

Lily Mae Lazarus / Fortune:
Axiamatic, which offers an “agentic control plane” to manage large-scale enterprise transformations, emerges from stealth with $54M from Greylock and Bessemer  —  Enterprise transformations are one of the biggest line items in corporate budgets—and one of the easiest ways to light money on fire.

The company removed 159 million scam ads last year and took down 10.9 million accounts linked to criminal networks. Now it wants to catch scammers before they get to you. Meta has announced a fresh wave of anti-scam tools across its platforms, WhatsApp, Messenger, and Facebook, as it steps up both on-platform detection and cooperation […]