Jul 1, 2024
Venture Capital
Lambda Labs, an AI infrastructure startup, is looking to secure an $800 million funding round.
Czech grocery delivery startup Rohlik has raised $170 million in funding, with EBRD leading the round.
Seven AI, specializing in AI-powered cybersecurity solutions, secured $36 million in pre-seed funding led by Greylock.
Feather, a German health insurance platform catering to expats, has raised $6.5 million in a seed round led by Keen Venture Partners.
Feon Energy, a battery electrolyte startup, has secured $6.1 million in seed funding led by Fine Structure Ventures.
Synthpop, an AI-driven platform optimizing healthcare workflows, has raised $5.6 million in seed funding led by Peterson Ventures.
Prescribe FIT, offering remote patient monitoring and health coaching solutions, has raised $4.8 million in a Series A round from Jim Grote, Tamarind Hill, and other investors.
Private Equity
Boeing has agreed to acquire Spirit AeroSystems in an all-stock deal valued at $4.7 billion.
Private equity firm TDR Capital is looking to acquire UK education business BPP, which could reach an estimated valuation of $3.2 billion.
BlackRock has agreed to purchase UK private markets data firm Preqin for $3.2 billion in cash.
Private equity firm Cinven will acquire a 70% stake in real estate platform Idealista from EQT at a valuation of $3.1 billion.
Private equity firm EQT has revised its bid for UK video game services company Keywords Studios to approximately $2.7 billion.
Nokia will acquire optical telecom equipment manufacturer Infinera in a cash and stock deal valued at $2.3 billion.
Swiss private equity firm Partners Group will acquire a majority stake in biotech company FairJourney Biologics at a valuation of $966 million.
Hedge fund Citadel is set to make its first Japanese acquisition by purchasing power firm Energy Grid.
Spanish energy company Repsol is in discussions to merge its UK North Sea oil and gas operations with PE-backed NEO Energy.
IPO
Bill Ackman’s Pershing Square has set the IPO price for its potential $25 billion US closed-end vehicle at $50 per share.
Spanish bakery firm Europastry has postponed its $537 million Madrid IPO, citing volatility due to the upcoming elections.
Biotech company Alumis saw its shares fall by approximately 17% in its trading debut after a downsized $250 million IPO.
Clinical-stage biotech Bicara Therapeutics is collaborating with Morgan Stanley on a US IPO aimed at raising between $100 million and $150 million.
US small jet manufacturer Cirrus plans to raise up to $197 million in a Hong Kong IPO, aiming for a $1.3 billion valuation.
Ride-hailing app Chenqi Technology intends to raise $175 million in a Hong Kong IPO.
KKR-backed software company OneStream has filed for a US IPO.
French private equity firm Astorg has hired Evercore to explore options for a capital raise.
New Funds
Venture capital firm Kleiner Perkins has raised over $2 billion across two new funds.
Joe Tsai's family office, Blue Pool Capital, has raised $500 million to invest in hedge funds and private credit funds.