Jul 16, 2024
Venture Capital
Halo Industries, a cutting-edge laser manufacturing technology platform for the semiconductor industry, secured $80M in a Series B funding round led by USIT.
Standard Bots, specializing in advanced robotics automation, raised $63M in funding, with General Catalyst leading the round.
Partior, a unified ledger-based platform for real-time interbank clearing and settlement, raised over $60M in a Series B round led by Peak XV Partners (FN).
44.01, a climate tech startup focused on permanently eliminating CO2, raised $37M in a Series A round led by Equinor Ventures (EU).
Solus Power, a portable EV charging platform, secured $28M in funding from Petra Equity Partners.
Naked Energy, a UK-based solar thermal and solar PVT startup, raised $20M in a Series B round led by E.ON EIS.
Alvys, a logistics and supply chain management platform, raised $20.5M in a Series A funding round led by Titanium Ventures.
Adaptive, a platform that automates construction payments, secured $19M in a Series A round led by Emergence Capital.
LegalFly, a Belgian AI-powered legal platform, raised $16.2M in a Series A round led by Notion Capital.
Caliza, a LatAm startup enabling real-time money transfers via stablecoins, raised $8.5M in a funding round led by Initialized.
Haruko, a digital asset management platform, secured $6M in a Series A round led by White Star Capital and MMC Ventures.
Instinct Digital, a cloud-based investment reporting platform, raised $6.3M in a Series A round led by AlbionVC.
Jacobi Robotics, an AI-powered motion planning technology for robotics, raised $5M in a seed round led by Moxxie Ventures.
Private Equity
Macy's has ended discussions with Arkhouse Management and Brigade Capital regarding their $6.9B buyout offer.
A consortium of Russian investors will acquire a majority stake in Russian tech firm Yandex’s businesses in a deal valued at approximately $5.4B in cash and stock, effectively ending foreign ownership.
KKR is exploring the possibility of selling machinery maker Kito Crosby in a deal worth around $3B.
US steelmaker Cleveland-Cliffs has agreed to acquire Canadian peer Stelco for $2.8B in a combination of cash and stock.
Sovereign wealth funds Mubadala and QIA led a $600M investment in private equity firm I Squared Capital’s full-service trailer lessor, Transportation Equipment Network.
Temasek-owned asset manager Seviora plans to acquire a minority stake in private credit fund ADM Capital.
Airbus and Thales are in the early stages of discussions to merge certain parts of their space activities.
Hong Kong venture capital firm C Capital will merge with Swiss-listed investment firm Youngtimers.
IPO
Saudi Arabia's PIF has chosen JPMorgan, Bank of America, and SNB Capital to manage the approximately $1B IPO of Saudi's largest medical procurement firm, Nupco.
Concentra, a unit of Select Medical, is aiming to raise up to $585M in a US IPO, targeting a valuation of $3.3B.
OneStream Software, backed by KKR, is planning to raise up to $466M in its US IPO, seeking a valuation of $4.4B.
New Funds
Goldman Sachs is looking to raise $2B for its inaugural APAC-focused private equity fund.
Venture capital firm NEA has raised a $540M continuation fund, led by Goldman Sachs Alternatives, to transfer holdings in companies like Databricks and Plaid.