Startups Raise Over $1.41 Billion, Investors Raise $2.775 Billion for New Funds, and Over $91.6 Billion in M&A

Startups Raise Over $1.41 Billion, Investors Raise $2.775 Billion for New Funds, and Over $91.6 Billion in M&A

May 2, 2024

Venture Capital

  • CoreWeave, an AI cloud infrastructure startup, secured a $1.1 billion funding round at a $19 billion valuation, led by Coatue.

  • Securitize, specializing in tokenizing real-world assets, raised $47 million in a round led by BlackRock.

  • Oasis Security, focusing on non-human identity management solutions, completed a $35 million Series A extension with leaders Accel, Cyberstarts, and Sequoia Capital.

  • Traceable, an API security startup, raised $30 million at a $500 million valuation, led by Citi Ventures.

  • Peregrine, a data integration platform, secured a $30 million Series B funding, led by Friends & Family Capital and Fifth Down Capital.

  • STELLA, providing automotive AI technology, raised a $19.7 million Series A, led by Reynolds and Reynolds.

  • Aikido, a Belgian security platform, completed a $17 million Series A round led by Singular.

  • DefenseStorm, a cyber risk management startup, raised $13 million in a Series C-1 round led by Georgian, Curql, and Live Oak Ventures.

  • Screenverse, offering programmatic advertising solutions to DOOH media owners, secured $10.5 million in funding led by Volition Capital.

  • Wishew, a social network designed to fulfill wishes, raised a $10 million pre-seed round from LMDV Capital.

  • Swap, an e-commerce OS for D2C brands, secured a $9 million Series A led by QED Investors.

  • Netskrt Systems, a CDN provider enhancing OTT streaming video quality, raised approximately $7.6 million in a Series A round led by Yaletown Partners.

  • Baselayer, a B2B platform combating fraud and optimizing business onboarding, raised a $6.5 million seed round from Torch Capital, Afore Capital, and others.

  • Seam, aimed at making customer data accessible, secured a $5 million seed round led by Bessemer Venture Partners.

  • BAXUS, a global marketplace for collectible spirits, raised a $5 million seed round led by Multicoin Capital.

  • Teleskope, an automated data protection tool, secured a $5 million seed round led by Primary Venture Partners.

  • Ceartas, an AI startup enhancing brand protection and anti-piracy efforts, raised a $4.5 million seed round from Earlybird Venture Capital and Upside VC.

  • GFAL, a Web3 video game startup, secured a $3.2 million seed round led by Supercell and Mitch Lasky.

  • StepSecurity, focused on protecting CI/CD pipelines, raised a $3 million seed round led by Runtime Ventures.

  • RunReveal, a SIEM system for threat detection, completed a $2.5 million seed round led by Costanoa Ventures.

  • Resonance Security, offering cybersecurity solutions for Web2/Web3, raised a $1.5 million pre-seed round led by Arca, Fabric VC, and Blockchain Founders Fund.

  • Kutt, a social betting platform, raised $1 million in funding led by Lightning Capital.

Private Equity

  • The FTC is poised to approve ExxonMobil's $60 billion acquisition of Pioneer Natural Resources, following minor concessions by the companies.

  • Sovereign wealth funds from Singapore and Abu Dhabi, along with private equity firms KKR, Permira, and Hellman & Friedman, are considering acquiring controlling stakes in the $15 billion international school operator Nord Anglia, currently owned by EQT and CPPIB.

  • BBVA has proposed an all-stock takeover bid valued at $13.2 billion for Spanish lender Banco Sabadell.

  • KPS Capital Partners has taken the lead in the bid to acquire Siemens' Innomotics large motors business, valued at $3.2 billion.

  • Presight AI has acquired a 51% stake in AIQ, a tech joint venture between ADNOC and G42, in a deal that values the company at $1.4 billion.

  • Advent International is negotiating a $250 million investment with Oman for a majority stake in OQ Chemicals.

IPO

  • Viking Holdings, a cruise operator, saw its shares increase by 9% on its trading debut following a $1.5 billion IPO, bringing the company's valuation to $11 billion.

  • Solera Global, a Vista-backed provider of automotive data and software services, has confidentially filed for a U.S. IPO expected to raise over $1 billion.

  • Springer Nature, a German academic publishing giant, is preparing for an IPO with the help of several banks, aiming for a valuation of $9.6 billion, including debt.

  • Spinneys, a high-end supermarket chain, attracted $19 billion in orders for its $375 million Dubai IPO.

New Funds

  • Golub Capital successfully raised $2 billion for its sixth credit opportunities fund.

  • HighVista Strategies, an alternative asset manager, raised $675 million for its tenth fund.

  • Anthill Ventures, based in India, is seeking to raise $100 million for a new private credit cross fund.

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Elevate your decision-making with real-time, comprehensive data, transforming data into your most valuable asset. Begin with TRACT today and ensure every decision is backed by unmatched precision.

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Elevate your decision-making with real-time, comprehensive data, transforming data into your most valuable asset. Begin with TRACT today and ensure every decision is backed by unmatched precision.