Jul 29, 2024
Venture Capital
Altana, a value chain management system, secured $200M in a Series C round led by USIT.
Indian bike-taxi startup Rapido raised $120M in a Series E round at a $1B valuation, led by WestBridge Capital.
osapiens, a cloud platform for compliance with international ESG regulations, raised $120M in a Series B round led by Goldman Sachs.
DataDome, providing AI-powered protection against fraud and malicious bots, raised $42M in a Series C round led by InfraVia Capital.
unspun, a 3D weaving technology company, raised $32M in a Series B round led by DCVC.
Trio Mobil, an AI and IoT solutions provider for workplace safety and efficiency, raised $26.5M in a growth round led by NewSpring.
Accounting automation platform Rillet secured $13.5M in funding, led by Creandum and First Round Capital.
Bee AI, a wearable AI assistant, raised $7M in a funding round led by Exor.
Philippine digital health insurance startup Hive Health raised $6.5M in a pre-Series A round from Gentree Fund, Y Combinator, and others.
AeroShield Materials, a startup focused on energy efficiency applications, raised $5M in funding from MassVentures, MassMutual Ventures, and more.
GovWell, a workflow system for local governments, raised $4.5M in a seed round led by Work-Bench.
Private Equity
A consortium led by Sixth Street Partners agreed to take private insurer Enstar in a deal valued at approximately $5.1B.
Mining giants BHP and Lundin Mining will jointly acquire Canadian exploration firm Filo for about $2.96B in cash.
Saudi Arabia's PIF increased its majority stake in Premier League team Newcastle United, valuing the team at $1.3B.
Vital Energy and Northern Oil and Gas will jointly acquire US shale assets from Point Energy Partners for $1.1B.
Investment firm Pondera is exploring the sale of its controlling stake in self-cleaning litter box maker Whisker, valued at $1B.
Spanish construction firm Sacyr is seeking to sell a 49% stake in its new Voreantis unit for $872M.
Permian Resources will acquire Delaware Basin assets from Occidental Petroleum for $818M.
Aditya Birla's UltraTech Cement acquired an additional ~33% stake in India Cements for $472M, securing a 55% controlling stake.
Food giant J.M. Smucker is exploring the sale of its Voortman Bakery brand, valued at over $350M.
IPO
Honeywell is considering an IPO for its majority-owned quantum computing firm, Quantinuum, potentially valuing it at up to $10B.
A consortium led by Centerbridge Partners is exploring exit options, including an IPO, for specialty insurer Canopius, valued at $3.9B.
Thoma Bravo raised $2.7B by selling half its stake in Nasdaq.
An investor in Australian miner Fortescue is selling $1.3B worth of shares.
Indian e-scooter maker Ola Electric is seeking to raise $734M in India's largest IPO this year.
New Funds
Arcmont Asset Management plans to raise over $13B for its fifth European direct-lending fund.
Healthcare private equity firm Amulet Capital Partners raised $1.2B for its third fund.