Jul 10, 2024
Venture Capital
Skild AI, an AI robotics startup, has secured a $300M Series A funding at a $1.5B valuation. The round was led by Lightspeed, Coatue, SoftBank, and Bezos Expeditions.
Captions, a GenAI video creation and editing platform, raised $60M in its Series C round at a $500M valuation, led by Index Ventures.
Volley, known for its voice-controlled games, raised $55M in Series C funding, led by M12 Ventures and Lightspeed.
Athletic Brewing, the largest non-alcoholic brewery in the U.S., raised $50M at an $800M valuation with General Atlantic leading the round.
Nala, a B2B payments and remittance startup, secured $40M in Series A funding, led by Acrew Capital.
Canoe Intelligence, a fintech focused on alternative investors, raised $36M in a Series C round led by Goldman Sachs Alternatives.
Command Zero, an autonomous and user-led cyber investigation platform, raised $21M in a seed round led by a16z.
Phyron, an AI video technology startup, raised $10M in Series B funding led by Round2 Capital.
Scaler, a machine learning-based decarbonizing platform for real estate, secured $10M in Series A funding led by Plural.
The Lasso, an online car bidding platform, raised $9.8M in a funding round led by Crosslink Capital and Manresa Ventures.
Synerise, an AI-driven behavioral modeling and big data solutions startup, raised $8.5M in a Series B+ round led by VTEX.
Biostate AI, a scalable biodata foundry startup, raised $4M in funding led by Matter Venture Partners.
NodaFi, a facility operations platform, secured $3.5M in a seed round led by Base10 Partners.
Accend, a startup focused on accelerating business client onboarding for fintechs and banks, raised $3.2M in a seed round led by Adverb Ventures.
Private Equity
Australian automotive parts retailer Bapcor has rejected a $1.2B takeover offer from Bain Capital, deeming it too low.
A consortium led by Vista Equity Partners has agreed to acquire a majority stake in hybrid cloud storage provider Nasuni, valuing the company at approximately $1.2B.
Private equity firm Arcline is in advanced discussions to acquire a unit of RTX's Collins Aerospace division for around $500M.
Goldman Sachs Asset Management will acquire a majority stake in event engineering firm TAIT from Providence Equity Partners.
Fenway Sports Group, the American owner of Liverpool FC, is in talks to acquire a majority stake in the French football team FC Girondins De Bordeaux.
Standard Chartered’s crypto subsidiary, Zodia Markets, is negotiating to acquire Elwood Capital Management’s OTC trading and settlement services.
IPO
KKR plans to sell approximately 20% of its 43% stake in Japanese chip maker Kokusai Electric for around $1.6B.
Indian contract drug R&D firm Anthem Biosciences is considering raising approximately $400M at a $3B-$4B valuation in a local IPO.
Healthcare provider Ardent Health is seeking to raise $315M at a valuation of around $3.2B in a US IPO.
New Funds
Bill Ackman's Pershing Square has begun fundraising for a potential $20B US-listed closed-end fund.
Hahn & Co., a Korean private equity firm founded by a former Morgan Stanley banker, raised $3.4B for one of Asia's biggest funds year-to-date.
Middle-market private equity firm Monomoy Capital Partners closed its fifth fund at approximately $2.3B.
Lower middle-market private equity firm Avesi Partners closed its second fund at around $1.4B.
AE Industrial Partners closed its third flagship private equity fund at about $1.3B.
Middle-market private equity firm Truelink Capital Management closed its inaugural fund at $875M.
Shein is launching a $215M venture capital fund aimed at tackling fashion waste.