- Saronic, a leading innovator in military autonomous surface vehicles (ASVs), has secured $175M in Series B funding, propelling its valuation to $1B. The round was spearheaded by Andreessen Horowitz.
- Planned, an all-in-one platform for travel and event management, has raised $35M in Series B funding led by Drive Capital.
- Aereo, an Indian company specializing in drone-based business intelligence, has closed a $15M Series B round led by 360 ONE Asset.
- Lumen, a startup developing smart glasses for the visually impaired, has raised $5.5M in a funding round backed by the European Innovation Council (EIC) and Venture to Future Fund.
- Truvius, a startup focused on enabling systematic investing in digital assets, has raised $3.2M in a round led by Galaxy Ventures.
- Pelotero, a platform providing player intelligence for sports coaches, has raised $3M in seed funding from investors Greg Ciongoli and Bennett Fisher.
- Unilever has initiated sales discussions with KKR, CVC, Advent, and Cinven for its $19.4 billion ice cream division.
- Private equity firms, including CVC, are in talks to acquire the UK-listed pest control company Rentokil Initial, valued at $14.6 billion.
- KKR has emerged as the leading contender to acquire edtech company Instructure, valued at approximately $4.7 billion, including debt.
- Colombian driller EcoPetrol is negotiating to purchase a 30% stake in Occidental Petroleum's recent CrownRock acquisition for $3.6 billion.
- Blackstone is contemplating selling its minority stake in UK-based outsourced marketing provider HH Global, which is valued between $2.6 billion and $3.2 billion.
- Private equity firm Cinven is in advanced negotiations to acquire a significant minority stake in Swedish health beverage company Vitamin Well, valued at over $2.2 billion.
- KKR is evaluating options for its 17% stake in Sweden-listed life sciences firm Biotage, which has a market capitalization of $1.4 billion.
- Investment firm RedBird IMI has received seven bids from companies, including News UK, for The Telegraph newspaper and Spectator magazine, potentially fetching $775 million.
- Diabetes device maker Embecta, listed at $760 million, is exploring a potential sale.
- State-owned China Three Gorges is in discussions to acquire a Spanish renewables portfolio worth $218 million from Portugal's GreenVolt.
- The Friedkin Group has abandoned its plans to acquire a majority stake in Everton FC.
- Indian adtech company InMobi is planning a local IPO in 2025, aiming for a valuation of approximately $10 billion.
- Santander-backed fintech Ebury has enlisted Goldman Sachs to lead its planned $2.6 billion IPO in London.
- Berkshire Hathaway has divested approximately $1.5 billion worth of Bank of America shares.
- Indian mining giant Vedanta has raised $1 billion through a Qualified Institutional Placement (QIP) share offering.
- Manycore, a company specializing in 3D design software, is preparing to file for a $200 million IPO in Hong Kong as early as this year.
- Artiva Biotherapeutics' shares remained flat following its expanded $167 million IPO debut.
- Private equity firm Mid Europa Partners has selected Citigroup and Jefferies to arrange the Warsaw IPO of medical diagnostic company Diagnostyka.
- Private equity firm Bregal Sagemount has closed its inaugural small-cap fund, raising $500 million.
