Startups Raise Over $1.8B, Investors Raise Over $12.8B for New Funds, and Over $62.9B in M&A

Venture Capital

• Xaira Therapeutics (AI Biotech): Raised $1B from Sequoia Capital, Lightspeed Venture Partners, Menlo Ventures.

• Augment (AI-powered Coding Platform): Secured $252M at a $977M valuation from Eric Schmidt, Index Ventures, Lightspeed Venture Partners.

• ThreatLocker (Cybersecurity): $115M Series D led by General Atlantic for Zero Trust endpoint security.

• Parloa (Conversational AI): $66M Series B led by Altimeter Capital.

• Midi Health (Virtual Care Clinic): $60M Series B led by Emerson Collective.

• Tines (Security Automation): $50M Series B extension led by Accel, Felicis.

• MARKT-PILOT (Dynamic Pricing Platform): $43M Series A led by Insight Partners.

• Nagomi Security (Security Management): $30M seed round led by TCV.

• FinQuery (AI for Spend Management): $25M investment from Periphas Capital.

• Nooks (AI Dialing/Prospecting): $22M Series A led by Lachy Groom.

• Sublime Security (Email Security): $20M Series A led by Index Ventures.

• Flindr Therapeutics (Precision Oncology): $22M Series A led by V-Bio Ventures.

• Chemix (EV Battery Development Lab): $20M Series A led by Ibex Investors.

• BforeAI (AI for Cybersecurity): $15M Series A led by SYN Ventures.

• Alaffia Health (Health Claim AI): $10M Series A led by FirstMark Capital.

• RWX (Continuous Integration Platform): $7M seed round led by Quiet Capital.

• Bioform Technologies (Bio-based Plastics): $5M seed round from Suzano Ventures.

• KEY (Natural Energy Drink): $4M seed round led by AgFunder.

• PeppercornAI (Insurtech Conversational AI): $4.2M funding led by Wealth Club, EHE Capital, Angels Invest Wales.

• Diddo (API for Shoppable Videos): $2.8M seed round led by Link Ventures.

• Handl Health (Health Benefits Design): $2.5M seed round led by Mucker Capital, Everywhere VC.

Private Equity

• BHP Group is contemplating an all-share takeover of miner Anglo American, valued at $36.2B, potentially the largest acquisition of the year.

• KKR has paused its attempt to sell Upfield, a consumer food company, for approximately $10B after failing to agree on a price with SWF ADQ.

• IBM finalized a deal to purchase HashiCorp, a software company, for $6.4B in cash.

• MassMutual will acquire a minority stake in Atlas, a lending business owned by Apollo Global, for over $2B.

• Blackstone plans to buy Tropical Smoothie Cafe for around $2B including debt, acquiring it from Levine Leichtman Capital Partners.

• Concord, a music rights investor, raised its offer for Hipgnosis Songs Fund to $1.5B, or $1.25 per share, surpassing Blackstone’s previous bid.

• KKR is exploring a $1B purchase of Healthium Medtech, an Indian medical-device manufacturer, from Apax Partners.

• Nvidia is set to acquire Run:ai, an Israeli AI software provider, for $700M.

• Five Arrows is attracting interest for its wealth management software company Harvest, valued at $535M, with potential buyers including Wendel and Cinven.

• Bain Capital is assessing options for selling Apex Tool Group’s China operations, which could be worth up to $500M.

• The FDIC is calling for bids for the Philadelphia-based Republic First Bancorp.

IPO

• HD Hyundai Marine Solution, backed by KKR and specializing in ship maintenance, is aiming to raise approximately $540M in South Korea’s largest IPO in two years.

• EquipmentShare, a company that rents out construction equipment, is considering an IPO following a valuation at $3.8B.

• Marex, a UK-based futures broker, successfully raised $292M in its US IPO.

• Dr. Soliman Abdul Kader Fakeeh Hospital, a Saudi hospital group, is preparing for a local IPO.

• Miahona, a Saudi Arabian company focused on water infrastructure, is also planning a local IPO.

New Funds

• KKR raised $11B toward a targeted $20B for its KKR Global Infrastructure Investors V fund.

• Investcorp, in partnership with Chinese SWF CIC, is establishing a $1B fund focusing on investments across the Persian Gulf and China.

• Eniac Ventures, a seed-stage venture capital firm, successfully closed two funds totaling $220M.

• SKKY Partners, led by Kim Kardashian, secured $121M of a targeted $1B-$2B for its debut fund

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