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font-size: 1px; display: none !important;"> Plus: = The long and short of AI data center funding, AI drug discovery startups pu= rsue an edge, & more </span></td> </tr> </tbody> </table>=20 <style> @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 800; src: local('Roboto ExtraBold'), url('https://fonts.pitchbook.com/ne= wsletter/Roboto-ExtraBold.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 400; src: local('Roboto Regular'), url('https://fonts.pitchbook.com/news= letter/Roboto-Regular.ttf') format('truetype'); } @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 300; src: local('Roboto Light'), url('https://fonts.pitchbook.com/newsle= tter/Roboto-Light.ttf') format('truetype'); } @font-face { font-family: 'Roboto Serif'; font-style: normal; font-weight: 500; src: local('Roboto Serif Medium'), url('https://fonts.pitchbook.com= /newsletter/RobotoSerif-Medium.ttf') format('truetype'); } td ul { padding-left: 1.8em; 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paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">November 30, 2025= | <a href=3D"https://url6380.news.pitchbook.c= om/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUltnM3um= 4Wmj6hFYoItwYDUW84RbkzsRDkYYi129gQ4w-3D-3DKKlr_Pr966knuaHmaw6c7pKvB-2BCEiDn= j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kd= br66NErCQA3LNWDzO797n5O4ZLti2n951ifj-2FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJ= fiiSA4IB-2BGqKjBZLuD-2BaTJmk6o9y1J9L5BkfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F= 9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-2FSiixSUVfL0W0qDyQxm6TTbdbUsQEiG-2FfVis8l8E1o= 3b3APBRFYBpDf9NFnCXj0BsrDK-2BYogC5nfAeWwP-2FBVHjPJ19DC274Z5QMT5FbmyMBXWWCCT= 7dqgfbbs7B-2BADYEEu1ghU5HuEC4TP3bmvkOZbTKL1bbB7-2F0s-2FM8HtmJmYLRMd5AEpna-2= FSgebMlW86RR9XmyIzq2vEh9pCNTgnRpQxqse29EmbZiOTY5m7gaulzWIH5XgmvIojVcGungHyJ= wl7dTuo8litje0RtA-3D-3D" target=3D"_blank" style=3D"text-decoration: underl= ine; 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text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDEdabmR56t7zt9MvOkpaSvg-3= D-3DI9pO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68N= VRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4ZLti2n951ifj-2= FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2BaTJmk6o9y1J9L5B= kfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-2FSiixSU= VfL0W0qDyQxm6TTbdbUsQEiG-2FfVis-2FaKXyYC-2FjMuEkhx4P36-2Fn1oPQfooYYX-2FrCTz= E7jncXmlOmhBQFcTr8qsdVyPcWPpfyyS51j8CSRe9Ysp8REqj87sqnJCMk6ijAlftcuYpUj0Mn2= t1Ngh8wEOxq-2FsxU-2Bnpq1sFJ7oZZOqSmmp29-2FNk5PuHsyKEwfDTiCX-2BGQ1cIhsENp9TB= dsBuJI7AdFo556PmkTTIHf0o5s1OPucRdl5ssmErJlfoy9QFCtWJLBeOkw-3D-3D" target=3D= "_blank"> <img width=3D'1' height=3D'1' opacity: 0; style=3D'display:none != important; mso-hide: all;' src=3D'https://my.pitchbook.com/ms/pixel?userId= =3D3DUK23EBU6P5WAW&eventSource=3D3DZQDXJQ6VUBAECQE7XY5D5PSLQI&emailId=3D3DX= ZP2L4KIGNSJQ&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG625LDUYNYOD6M6QHVPV46E= GQLU2DKV43QYFSZS&pixelPosition=3D3DUAZEVU3EPI6EYRHRSC2KEHCFHGQ6ZMZBKVWWKQA.= gif'/><img src=3D"https://url6380.news.pitchbook.com/wf/open?upn=3Du001.3gw= e9GsF-2BTAFq5zC5EhFQ2a8abB1qTlMwYRLNzMolGjSmCPqRZuyzb5tQBOnSwcKkkFFjhBee4-2= Fn9gvOKEp8fJNa2E3BwrPl2Xz7Mtw2aaIm7UCKHguYjqDcXtHdC51hHyt9Y6UOLsIQ-2BLaTPDY= IMXCvSCSdwDYycXY9XmX-2BsEvJl-2BHPEN6LFZSHiDt2O-2B-2BhwIu0LG1WwL2AX3RW1wHW3I= FSlN-2FdTN0hjaZGzniqzIouQyM7SP5fjz6wSok6kfRUaohuVP50FGOIIYZZPAgcsx6RnYz8SIa= 7sKtVrKohcQLcj4c5rj-2BI8RHCnZXpcITAH6jtbLJ91u5JJjgw-2FDLyomOQEms33Ww6-2BF4O= 6DbNRhH637kzGis4ZEjsBn-2Bf4UqtMqIlRZo-2FYetIQjBq0Lw5cZiVYH9ShYB0-2F9FS4laBr= MhymrF4Mn0jfFTXxiTxn95g4ga7XRC9qIopobP4xr2YmRKWAvBmxESt36T3v5k3t2WACxpqfsZt= OQ5tWbvOj08eagWaeoZ6nuSH0gP0ch-2FR-2BSvCfb-2BZCSUq-2BwfGdZQZ-2BW0-3D" alt= =3D"" width=3D"1" height=3D"1" border=3D"0" style=3D"height:1px !important;= width:1px !important;border-width:0 !important;margin-top:0 !important;marg= in-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;p= adding-top:0 !important;padding-bottom:0 !important;padding-right:0 !import= ant;padding-left:0 !important;"/><img width=3D"141" height=3D"39" src=3D"ht= tps://fonts.pitchbook.com/newsletter/pitchbook_morningstar_logo.png" alt=3D= "PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Weekend Pitch</s= pan></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px;"><span>Your edge on global p= rivate capital markets</span></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDM9SabTx8e= lE0kQm0EGKjtQ-3D-3D8ZLz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI= 43kbMcVf8UYA68NVRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O= 4ZLti2n951ifj-2FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2B= aTJmk6o9y1J9L5BkfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtl= VBI0ym-2FSiixSUVfL0W0qDyQxm6TTbdbUsQEiG-2FfVis-2FI2mVh-2FjhiSiv6MKKP1GTSTg-= 2BCM79xDUVC-2BGnN4GUt9d-2BoWWb1ijyvTvc4oCLh08SGNDPBvgMGm4ccuv9bbS6ri7dTfIVM= 1QTQzkNFmzOZtGLDqH1OkVkXzsAdA5847s4D3hTmEgBr5fZyPZYwpbWBFgqXaq8PjDJDYOtnH9y= aXUuNTXmJhM8n95xWpa2zRjhPzFyAJFG3M-2BZvUl-2BmDVUNPdAFgKGGdNYVyFfOiIomvg-3D-= 3D" universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"https://img.p= itchbook.com/news/71573.jpg" style=3D"border: none; max-width: 420px;"> </= a></td> </tr> <tr> <td align=3D"right" style=3D"padding-bottom: = 8px; font-family: Roboto, Arial, sans-serif; font-size: 10px; line-height: = 27px; color: #78766F; text-align: right; font-weight: 300">Long-distance ru= nner Eliud Kipchoge of Kenya is a co-founder of coaching app startup Kotcha= . (Ishika Samant/Getty Images)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Runnin= g is the cheapest sport on Earth: All you need is a pair of shoes, some sho= rts and an old T-shirt, right?<br><br> Not if VCs have anything to say about it.<br= ><br> More venture capital than ever is pumping in= to the running industry, from energy gels to carbon-plated shoes. A boom in= popularity for the sport and amateur athletes' newfound obsession with tra= cking their health metrics has blown open a once-niche market.<br><br> "It's the natural progression of people lean= ing on technology to optimize and push performance," said Florian Wojewodzk= i, a consumer investor at IRIS Ventures. "With wearables, with nutrition, w= ith gear, everyone's pushing the boundaries to get that extra inch."<br><br= > At the same time, a buzzy deal boosted confi= dence in the industry's exit potential. In April, Strava, which offers a sp= orts tracking app that's become a mainstay of the global running community,= acquired personalized coaching startup Runna.<br><br> Overnight, Runna, a startup born in London w= ith under $10 million in VC funding, had access to Strava's distribution of= 150 million athletes.<br><br> "It proved the point that we wobbled over," = said Jon Wright, partner at JamJar Investments, a consumer-focused VC firm.= Wright, who led Runna's Series A, had passed on the app a year prior for f= ear that the market opportunity was too small.<br><br> Strava, part fitness tracker and part social= media, is itself eyeing an IPO as early as next year, the Financial Times = reported in October, promising a long-awaited payout for investors like Seq= uoia and TCV.<br><br> It's also a leading brand in the expanding r= unning economy: Running shoes and apparel alone are valued at over $90 bill= ion, and growing, according to Mordor Intelligence.<br><br> I'm Rosie Bradbury, and this is The Weekend = Pitch. You can reach me at <a href=3D"mailto:rosie.bradbury@pitchbook.com" = style=3D"color: #1D5080;" test=3D"">rosie.bradbury@pitchbook.com</a> or on = X <a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDXZ9zFmhtuTmkLiEl= qhFjew-3D-3DU5-r_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcV= f8UYA68NVRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4ZLti2n= 951ifj-2FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2BaTJmk6o= 9y1J9L5BkfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-= 2FSiixSUVfL0W0qDyQxm6TTbdbUsQEiG-2FfVis9uTTPH3aytLOj0y2SxN-2F3QbU6gXXcmONEU= EEQarSQxj5Pp5iE3Hzmzti7A3AWTr9MZno-2BYs-2BnW3zKSJDrc4oaYfWKeBgPjR69-2BhJPxG= tcTCt9H4ExWVrXYT-2B4IP5A077Ug6WnoTn-2Bnos1hxgA3RzLEYxUJ3OX1N4jOI5XhtxWgjOvS= 6CGVUjycDmFAxkoASw7a-2FFMqDyxWtCF-2BVZ94OgIqTxlqrUbF47yq-2F5OUnv1Tww-3D-3D"= style=3D"color: #1D5080;" test=3D"">@_RosieBradbury</a>.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDM9SabTx8elE0kQm0EGKjtQ-3D-3Dr= MyM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRXi0= QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4ZLti2n951ifj-2FxD-2= FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2BaTJmk6o9y1J9L5BkfKgV= tdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-2FSiixSUVfL0W= 0qDyQxm6TTbdbUsQEiG-2FfVis8Zn7vvs8Ag1sxv5nbTbdAPoYDz9Z5LmQd0lKoOTt3UhQWJC04= coN7l0J5zp-2B7jvGApWgiwvCdEmRaMlOzBbGEf9O48BXssVrmFzsLnvwGhBLwmaUhMouMuTdvA= YuqCidyeILSxC5R-2BeK6zjSoxFzugBB4VSE9YEo5Iezv19DnZDWJ21-2BAVFdZ3i5H1jiiep2M= YnOwzX0QzEL1cxPnkX6JxFF2XwAce0NAYw-2BfWvRB-2Fkw-3D-3D" style=3D"font-family= : Roboto, Arial, sans-serif; font-size: 18px; text-decoration: none; color:= black; padding-left: 3px" target=3D"_blank" universal=3D"true">Read more<i= mg height=3D"24" src=3D"https://fonts.pitchbook.com/newsletter/arrow-right.= png" style=3D"vertical-align: middle; margin-left: 8px;" width=3D"24"> </a>= </td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> = =20 <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDgjs-2F9BI= SmqIZoJPkqFX-2BMA-3D-3Dbe4e_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4B= iQVI43kbMcVf8UYA68NVRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO79= 7n5O4ZLti2n951ifj-2FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLu= D-2BaTJmk6o9y1J9L5BkfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA= 1dtlVBI0ym-2FSiixSUVfL0W0qDyQxm6TTbdbUsQEiG-2FfVis9dYXevgMZaGgtwQNKhmhybAA7= gn53Y1GYWynWQPocdW-2FvISkoh5RrNh40WCVD5Tp-2BYO6KWFc92Zmp4LAQ207Ck050yheXsWQ= 94jOgztXZo2SHFC3-2Fx5NqfCMV1HZ3NubE3Bz8S2Uv2m7L4ApUp9Z7HeS9G3XgNplwvdzlUfg5= qLNUsVqHLKAI9p2rFZLpmxzi8kUk7VkjKXZmF0poaIwm-2B1oXTiizFMWuttSD6Ipib4w-3D-3D= " universal=3D"true"> <img align=3D"center" alt=3D"" src=3D"https://img.pit= chbook.com/news/71537.jpg" style=3D"border: none; max-width: 420px;"> </a>= </td> </tr> <tr> <td align=3D"right" style=3D"text-align: righ= t; font-size: 10px; line-height: 27px; padding-bottom: 8px; color: #78766F;= font-family: Roboto, Arial, sans-serif; font-weight: 300">(Prasit photo/Ge= tty Images)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Boston= -based PE firm Abry Partners is raising as much as $1 billion for a continu= ation fund to extend its control of Centauri Health Solutions. What was Cen= tauri's enterprise value when Abry originally acquired the company in 2020?= <br><br> A) $325 million<br> B) $525 million<br> C) $725 million<br> D) $925 million<br><br> Find your answer at the bottom of The Weeken= d Pitch!</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>ICYMI</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">A sele= ction from the past week's most-read articles.<br> =20 <ul> <li><b>With data center investors showing lit= tle concern about exits</b>, skepticism is growing about the future of hype= rscalers' ambitious AI training projects. <a href=3D"https://url6380.news.p= itchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvs= nswouzUltnM3um4Wmj6hFYoItwYDFabwl4dul-2F-2F7YGQzo91nsw-3D-3DwS6b_Pr966knuaH= maw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRXi0QUMsfE6yeLiUrT= nY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4ZLti2n951ifj-2FxD-2FSwEtzWdydRVYq= jJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2BaTJmk6o9y1J9L5BkfKgVtdS-2FusTz0JCE= avk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-2FSiixSUVfL0W0qDyQxm6TTbdbU= sQEiG-2FfVis-2BMBtppC4t78khW7dhUdHsi2Hpt2jWjcMDE9Sz4TbxEVRk1qyv8u5T8vIPxEMX= 7O96LrOj3Wuknw8avnk-2Bti5yeZ7ka-2FY3Cbz9-2FgiceyVjo5oSzxsWN4K0sV15oUkTP5YBX= x4il6-2F0DIY-2Fw5x8ed0t3Ql2qA9-2FARpRKMU-2BwrAO0E0knvaOT7haCKAmdrzGH5cQ0mcG= KF-2BHT7yds568lcmXC0fFg138Fdm9ACdQYamOOug-3D-3D" style=3D"color: #1D5080;" = test=3D"" universal=3D"true"><b>Read the full story</b></a><br> </li> <li><b>AI is coming for drug discovery</b>, a= nd VCs are paying up for it. AI biotech companies raised $3.2 billion throu= gh September of this year, according to PitchBook research. <a href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDR-2Bu80OiXHOC681ZFNEKOrg-3D-3= DTi0q_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRX= i0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4ZLti2n951ifj-2FxD= -2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2BaTJmk6o9y1J9L5BkfK= gVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-2FSiixSUVfL= 0W0qDyQxm6TTbdbUsQEiG-2FfVis-2B-2BE-2FnDf9XRMgpSaY2z0RrJ4ZsqaJJ2iTdKhd6smNk= -2FZdGBQKuiz-2B15byBAfn8J3eVDd0V2-2BzsuSXGBCNQXaHefM-2BFfLrmK-2FG7l-2Bg2XQv= 9EUdYP2jzWFJbXnW6JHLIjNJ8qfAE3I4Xn-2B7Gw-2BHwF9Z-2FEBgrb9ALw5m-2BLUZCXzsAm5= k2sYwfDUDNOUIiplHqJ4fhv1me34AqHI7G2c6eg12OgoZ9qCtBCL6UEHAA643rYOA-3D-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>Find out more</b></= a><br> </li> <li><b>Rosberg Ventures, run by Formula One c= hamp Nico Rosberg</b>, is eyeing a $100 million fund-of-funds. The firm clo= sed its first vehicle on $100 million about a year ago. <a href=3D"https://= url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6G= Fa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDJOGU79ExxUbhr3eBeSC-2F9w-3D-3Dm90= U_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVRXi0QU= MsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4ZLti2n951ifj-2FxD-2FS= wEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2BaTJmk6o9y1J9L5BkfKgVtd= S-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlVBI0ym-2FSiixSUVfL0W0q= DyQxm6TTbdbUsQEiG-2FfVis-2FFyira6MSEebnOFpD6ismacj5gSLKRHgzzn-2Fhx-2BdOXi2x= JnQ-2B-2BnX1kVHTtp8gF2q7Fdwa4magShrKzdhNccGJSm-2Fpci5PIeDxu-2FychrJBj2261EH= JJBGcOTsCX1FEzbrwa80o9bHFXEDzl5B55hn3YfCpMucAMI677Zuwt7CpL4YKOgwTilWZxqb1-2= FwrXJw8BQ4wCy4a0lOelY1v8GZwpTEr5FNg-2BPLwMIf00K4MZzVg-3D-3D" style=3D"color= : #1D5080;" test=3D"" universal=3D"true"><b>Read more</b></a></li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Quote/Unquote</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">"These= acquisitions do make sense, both for EquityZen and Forge. They are playing= in this niche market, where they're democratizing access for venture capit= al. And what's been happening with the almost four-year-long stalemate that= venture's been in is that there are a lot of players in an increasingly sm= aller market on the top end."<br><br> =E2=80=94Emily Zheng, a senior VC analyst at= PitchBook, discussing an uptick in venture secondary transactions like Mor= gan Stanley's acquisition of EquityZen and Charles Schwab's acquisition of = Forge Global. Read more about major banks acquiring VC secondary specialist= s <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n= 73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXMWaSq27fYNUZWnaN1nodCKV199-2F6D4e= 6jcV1eEddrtQ-3D-3DwELd_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI4= 3kbMcVf8UYA68NVRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797n5O4= ZLti2n951ifj-2FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD-2Ba= TJmk6o9y1J9L5BkfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1dtlV= BI0ym-2FSiixSUVfL0W0qDyQxm6TTbdbUsQEiG-2FfVis9VibCvZAyySthr6R7YsL5MDaJLmoNa= eFs35HHT0gyEIo1tRI12hoXyveiL0cjsb6oj1jA-2Fm6hULKGzsICnPIHjAuVLs3VvcijP-2Fxk= Mjx-2FSqJtT2zoPh8P-2BIC9qWt41Knnu2hbsf5lrkBWji8hPixeqLKQx9TDxTEokumPfebI1k8= luZXYSuw0L9AXaetcicc1HnJycJJc01Ki5DXhsgu1Wv66vrltqlym-2Ful2yADBPYX0SDlAoiHN= R-2FSPTU4dvMGA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><= b>here</b></a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Stay tuned</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Keep a= n eye out for these insights and research reports coming out this week:=20 <ul> <li>Q3 2025 Foodtech VC Trends</li> <li>Q3 2025 Global Private Market Fundraising= Report</li> <li>Q3 2025 Emerging Tech Indicator</li> <li>2026 US Venture Capital Outlook</li> <li>November 2025 Global Markets Snapshot</li= > <li>2026 Healthcare Outlook</li> <li>2025 Japan Private Capital Breakdown</li> <li>Q3 2025 Pharma Biotools VC Trends</li> <li>Q3 2025 Aerospace and Defense Report</li> </ul></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Trivia</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Answer= : A<br><br> Abry Partners originally acquired Centauri H= ealth Solutions in 2020 when the company had an enterprise value of around = $325 million. Read more about Abry's $1 billion continuation fund for Centa= uri <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d= 4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUltnM3um4Wmj6hFYoItwYDgjs-2F9BIS= mqIZoJPkqFX-2BMA-3D-3DnJ_u_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4Bi= QVI43kbMcVf8UYA68NVRXi0QUMsfE6yeLiUrTnY-2FioWygonDQS1kdbr66NErCQA3LNWDzO797= n5O4ZLti2n951ifj-2FxD-2FSwEtzWdydRVYqjJfrMSQ-2B9YEPOsFJfiiSA4IB-2BGqKjBZLuD= -2BaTJmk6o9y1J9L5BkfKgVtdS-2FusTz0JCEavk7DtCFJ-2F6U167F9ZdJOrYkfzvEtry2XvA1= dtlVBI0ym-2FSiixSUVfL0W0qDyQxm6TTbdbUsQEiG-2FfVis8Y-2FS7rEd4Ynsk43SuOEaiX60= ZQr5-2FU6oNZMPEes7rDF71Cb-2B7bW3zAM1ZQTss-2BKHb2sJl8XcS8B4-2FM1IZaicOg24zam= -2Bgl4Yec9BcVczEZDGKeB0QpRl4ADZlUMUdNrLD6X-2FcxgZ-2FRKj0T3DEb97M8NnCMngvumT= Fc-2FziKM8GNvEPNQvAe0FREtZxaR6KXKMQVPvg88pNRdAnmNHOj2qwXKoq942Te0CxgZmxg5LH= Bg-2BISTkHLw0dlpy3RD9nJADk-3D" style=3D"color: #1D5080;" test=3D"" universa= l=3D"true"><b>here</b></a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <center> <h2><b>Sign up for our newsletter</b></h2> </center></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">This e= dition of The Weekend Pitch was written by Rosie Bradbury and Nadine Manske= . 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