Krispy Kreme announced Tuesday that it has sold its remaining 34 percent stake in Insomnia Cookies for $75 million to Misral Equity Partners and Verlinvest. The move comes nearly a year after Krispy Kreme sold a majority ownership stake to the two private equity firms.

Peek, the virtual leasing platform that helps property managers and owners accelerate the leasing process and reduce vacancy loss, announced today that it has raised $5 million in Series A funding. The round was led by Moneta Ventures, with participation from Timber Grove Ventures and other existing investors.

Main Street businesses – consumer services, construction, retail, hospitality, and real estate – drive $8 trillion of US GDP. These vital businesses and their workers are the backbone of the American economy and the lifeblood of local communities. Yet, for far too long, Silicon Valley has largely ignored the power of Main Street. With the rise of generative AI, we have an unprecedented opportunity to transform how we do business on Main Street.

Rad AI, one of the fastest growing healthcare AI companies and the first to successfully commercialize a generative AI product in healthcare, today announced a $60M Series C financing round, valuing the company at $525M. The oversubscribed round was led by Transformation Capital, with participation from existing investors Khosla Ventures, World Innovation Lab, UP2398, Kickstart Fund, OCV Partners, Cone Health and others. This raise comes seven months after their $50M Series B financing.