Startups Raise Over $1.46B, Investors Raise Over $125M for New Funds, & Over $43.85B in M&A

Venture Capital

• Wiz, a cloud security platform, secured a $1 billion Series E funding round at a $12 billion valuation, led by a16z, Lightspeed Venture Partners, and Thrive.
• Stonal, an AI proptech platform for real estate, obtained a $107 million investment from Aeron. TXOne Networks, a cybersecurity startup specializing in cyber-physical systems security, completed a $51 million Series B extension led by TGVest Capital.
• Legion Technologies, a workforce management startup, garnered $50 million in a funding round led by Riverwood Capital.
• Honeycomb Insurance, a property and casualty insurance startup, raised $36 million in a Series B led by Zeev Ventures.
• Daloopa, an AI startup streamlining financial analysts' workflows, secured $18 million in a Series B led by Touring Capital.
• Nudge Security, a SaaS security and governance provider, completed a $16.5 million seed round led by Forgepoint Capital.
• Neurable, a neurotech company democratizing BCI technology, secured $13 million from Ultratech Capital Partners, TRAC, and others.
• Numeric, an AI-driven accounting automation startup, obtained $10 million in seed funding from Founders Fund, Menlo Ventures, 8VC, and others.
• PAXAFE, a B2B software platform for supply chain risk management, closed a $9 million Series A round led by Framework Venture Partners.
• Niobium, a custom silicon provider, raised $5.5 million in seed funding led by Fusion Fund.
• Electricity Maps, a data visualization startup, secured $5.4 million from Transition and Revent. Swypex, an Egyptian corporate cards platform, raised $4 million in a seed round led by Accel.
• DwellFi, an AI and blockchain solutions provider for private funds, secured $3 million in seed funding led by E1 Ventures, Stanford Blockchain, and others.

Private Equity

• The U.S. government backed Colorado's effort to block Kroger's $24.6 billion acquisition of supermarket rival Albertsons.
• Suzano, a Brazilian pulp and paper company, expressed interest in acquiring U.S.-based International Paper in a potential $15 billion all-cash deal.
• Germany's largest electricity producer, RWE, is evaluating options for its minority stake in transmission operator Amprion, which could be worth around $1.7 billion.
• Santos and Repsol, oil and gas producers, are considering selling a minority stake in their jointly operated Alaskan oil fields, a deal potentially valued at around $1 billion.
• KKR is set to acquire Perpetual's brand, corporate trust, and wealth management businesses in a $990 million deal.
• China Merchants Group, a state-owned conglomerate, is nearing a deal to buy a 40% stake in PCCW's fiber unit for $850-$900 million.
• BigCommerce, an e-commerce software maker valued at $532 million, is exploring a potential sale after drawing takeover interest.
• Browns Group, a Sri Lankan conglomerate, will purchase CVC's struggling Kenyan tea estates, which it acquired from Unilever in 2021.
• Peloton, an exercise equipment company, has attracted interest from private equity firms for a potential takeover.

IPO

• Thai beverage company General Beverage is preparing to launch a $222 million IPO for its international distribution unit, IFBH, on the Singapore Stock Exchange.

New Funds

• Saga Ventures, led by Max Altman, has raised a $125 million fund to invest in early-stage software startups.