Waabi Raises $200M, Hargreaves Lansdown Receives $6.9B Bid, and Kinderhook Industries Secures $2.75B for New Fund

Waabi Raises $200M, Hargreaves Lansdown Receives $6.9B Bid, and Kinderhook Industries Secures $2.75B for New Fund

Jun 20, 2024

Venture Capital

  • Autonomous trucking startup Waabi secured $200M in Series B funding, led by Uber and Khosla Ventures.

  • Talkiatry, a leader in high-quality in-network psychiatric care, raised $85M in a Series C round led by a16z.

  • Brazilian fintech Celcoin, specializing in embedded finance, raised $125M in a funding round led by Summit Partners.

  • Mexican fintech startup Clip received $100M in funding from Morgan Stanley Tactical Value.

  • CesiumAstro, a company developing space communication technology, raised $65M in a Series B+ round led by Trousdale Ventures.

  • Community engagement platform Zencity raised $40M in a Series C round led by StepStone Group.

  • AI-powered customer support solutions provider Decagon raised $35M in seed and Series A rounds led by Accel.

  • Singaporean insurtech SaaS provider Peak3 raised $35M in a Series A round led by EQT.

  • CuspAI, a GenAI-driven search engine for new materials, secured $30M in a seed round led by Hoxton Ventures.

  • Korean recovered carbon black producer LD Carbon raised $28M in a Series C round led by Toyota’s Woven Capital.

  • SurrealDB, a multi-model database startup, raised $20M in a funding round led by FirstMark and Georgian.

  • French quantum computing startup C12 raised $19.4M in a funding round from Varsity Capital, EIC Fund, and others.

  • Non-human identity security startup Entro Security secured $18M in a Series A round led by Dell Technologies Capital.

  • Cloud cost optimization platform PointFive raised $16M in a seed round led by Index Ventures.

  • Liquid Instruments, a startup specializing in reconfigurable test instrumentation, raised $12M in funding led by Breakthrough Victoria.

  • French wealth management and advisory platform Ramify raised $11M in a Series A round led by 13books Capital.

  • Kilimo, a startup helping farmers conserve water, raised $7.5M in a Series A round led by Emerald Technology Ventures.

  • GenAI risk management startup Trustwise secured $4M in a seed round led by Hitachi Ventures.

Private Equity

  • Private equity firms CVC and Nordic Capital, along with SWF ADIA, made a new $6.9B bid for UK financial services firm Hargreaves Lansdown.

  • The Koch family will acquire a 15% stake in BSE Global, owner of the Brooklyn Nets, New York Liberty, and the Barclays Center, valuing the company at approximately $6B.

  • EQT is considering a potential sale of Swedish consumer health business Karo Healthcare, valued at over $2.1B.

  • Blackstone will acquire Japanese e-comics platform Infocom for $1.7B.

  • A consortium of KKR and SingTel agreed to acquire a $1.3B minority stake in Asian digital infrastructure provider ST Telemedia Global Data Centres.

  • Medtech giant Boston Scientific will acquire Silk Road Medical in a cash deal valued at approximately $1.2B.

  • Eni plans to sell a stake in its Ivory Coast exploration operations in a deal potentially worth around $1.1B.

  • Asian private equity firm Hillhouse Investment is in talks to acquire Dulwich College International's schools after Blackstone's $600M attempt to buy Dulwich’s Singapore and Seoul schools fell through.

  • Private equity firm TA Associates plans to sell Hungarian consumer fintech Netrisk for over $536M.

  • Private equity-backed Bragg Live Food Products is exploring a sale at a valuation exceeding $500M, including debt.

  • Shell agreed to purchase Singaporean LNG company Pavilion Energy from SWF Temasek for several hundred million dollars.

  • Healthcare firm Novant Health is scrapping its $320M acquisition of two North Carolina hospitals from Community Health Systems following an appeals court injunction.

  • Nvidia agreed to buy software startup Shoreline.io, valuing the company at approximately $100M.

  • Brazilian delivery startup Loggi Tecnologia is exploring options including a private stake sale or an IPO.

IPO

  • Vodafone raised $1.8B through block trades in Indian telecom infrastructure firm Indus Towers.

  • CVC is planning an IPO of Poland's largest convenience store chain, Zabka Polska, aiming to raise $1B-$1.5B at a valuation of $7.5B-$8B.

  • Permira-backed Golden Goose has postponed its approximately $600M IPO in Milan.

  • Brazilian conglomerate Cosan has selected Bank of America, JPMorgan, and Citigroup to lead the US IPO of its Moove lubricant business.

  • MapLight Therapeutics has chosen Morgan Stanley and Jefferies to lead a potential $200M IPO.

  • Indian liquor maker Allied Blenders and Distillers has filed for a $180M IPO in India.

  • Brazilian mobile banking app PicPay is working with Citigroup on a US IPO.

New Funds

  • Investment firm Kinderhook Industries raised $2.75B for its eighth buy-and-build fund.

  • Point72 is seeking to raise approximately $1B for a new long/short fund focused on AI.

  • Credit manager Sona Asset Management raised $800M to provide custom financing to struggling businesses.

  • German lender Deutsche Pfandbriefbank is seeking to raise $535M for a real estate debt fund.

  • Engine Ventures raised approximately $400M for a third fund to invest in climate tech, health, and advanced systems.

  • India's Vivriti Asset Management is seeking to raise $240M for a new private credit fund to invest in Indian SMEs.

Unlock the Power of Advanced People Research

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.

Unlock the Power of Advanced People Research

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.

Unlock the Power of Advanced People Research

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.