Startups Raise Over $1.16B, Investors Raise Over $350M for New Funds, & Over $27.5B in M&A

Venture Capital

• UK-based startup Wayve, specializing in AI-powered self-driving technology, secured a $1.05 billion Series C funding round led by SoftBank.

• Privateer, a space data startup co-founded by Apple's Steve Wozniak, raised $56.5 million in a Series A round led by Aero X Ventures.

• Orange, a Japanese startup focused on manga localization, closed a $19.5 million pre-Series A funding round led by Shogakukan and Globis Capital Partners, along with other investors.

• Anetac, a startup protecting hybrid environments from service account attacks, raised $16 million in funding led by Liberty Global.

• Opmed.ai, an AI-powered healthcare optimization platform, secured a $15 million Series A investment led by NFX and Grove Ventures.

• Mother Science, a biotech beauty brand, obtained $3.5 million in funding led by Greycroft.

• GoMining, a Bitcoin mining infrastructure provider, raised $3 million from Bitscale Capital.

Private Equity

• Spain-based Banco Sabadell declined a $12.9 billion takeover bid from its larger competitor, BBVA.

• Global Infrastructure Partners and Canada's CPPIB are set to acquire utility Allete in a cash deal valued at approximately $3.9 billion.

• EQT has agreed to acquire technology consultant Perficient in a cash transaction worth $3 billion, including debt.

• Private equity firms Clearlake Capital and Francisco Partners will purchase Synopsys' software integrity business for up to $2.1 billion in cash.

• ADNOC will withdraw its $2.1 billion bid for a stake in Brazil's struggling petrochemicals company, Braskem.

• Brookfield Asset Management will invest $1.5 billion in Castlelake, securing a majority share of the private debt firm's fee-related earnings.

• KKR will acquire Indian medical device manufacturer Healthium Medtech from private equity firm Apax Partners in a transaction worth approximately $1 billion.

• Saudi Aramco is in negotiations to acquire Shell's gas station network in Malaysia in a potential deal valued at around $1 billion.

• Blue Owl Capital is close to purchasing a minority stake in healthcare-focused private equity firm Linden Capital Partners.

IPO

• GM-backed Chinese autonomous driving firm Momenta has confidentially filed for a US IPO, seeking to raise up to $300 million.

New Funds

• Middle-market private equity firm Palm Beach Capital closed its sixth fund, surpassing $350 million.