Silicon Valley investment behemoth Andreessen Horowitz has led a $130 million equity and debt investment to fuel behavioral healthcare company Talkiatry’s expansion.

New York-based Talkiatry, which launched in 2020 and has seen its annual revenue roughly triple in 2023, intends to increase hiring, including on its sales and marketing team, to prepare for an eventual initial public offering, said Robert Krayn, Talkiatry’s chief executive, who founded the company with Dr. Georgia Gaveras, a psychiatrist.

Lily AI, an e-commerce product discovery platform, raised a $20M Series B extension to expand into new geographies and use-cases.

Leveraging new consumer trends and vernacular, Lily AI wants to translate data into language customers actually use.

DraftKings (DKNG) plans to acquire lottery app Jackpocket for about $750 million in cash and stock in a deal that will allow the sports-betting giant to expand into lottery games.

The company said it would pay about 55% of the consideration in cash from its balance sheet. The remainder will be payable in common stock.

Youth ride-share startup HopSkipDrive beat two key new California emissions standards in 2023, an accomplishment the company believes will bolster its case for relying more on shared passenger vehicles to get kids and teens to and from school.

Otonomo, a connected automotive company that has seen its stock price plummet since going public in 2021, has announced that it is coming together with Urgently, a roadside assistance tech provider, in a reverse merger. The two are combining in an all-share deal that will see Urgently shareholders take 67% of the company and Otonomo shareholders take 33%. The stock, which had traded under OTMO on Nasdaq, will now trade under the ULY ticker.