Startups raise over $740.9M, Investors raise over $2.64B for New Funds, & Over $62.5B in M&A

Venture Capital

• Restaurant365 secured $175M in growth capital from ICONIQ Growth to advance its comprehensive restaurant management solutions.
• Weka, pioneering in AI-native data solutions, closed a $140M Series E, achieving a $1.6B valuation with Valor Equity Partners at the helm.
• Alkira, enhancing network infrastructure tech, garnered $100M in a Series C round led by Tiger Global.
• Insurtech innovator Cover Genius completed an $80M Series E funding round, spearheaded by Spark Capital.
• Cylib, a trailblazer in battery recycling, raised $60.6M in a Series A led by World Fund and Porsche Ventures.
• enspired, leveraging AI for power trading, raised $28.6M in a Series B financing led by Zouk Capital.
• Sesame, a Spanish startup revolutionizing HR management, secured $24.1M with PSG and GP Bullhound leading the investment.
• Annuity.com, at the intersection of fintech and financial media, raised $15.7M in a seed round from undisclosed investors.
• Infinite Orbits, a French startup focused on in-orbit satellite services, raised $13M, led by Newfund Capital.
• Malted AI, developing cutting-edge AI technologies, raised $7.9M in a seed round led by Hoxton Ventures.
• Arch Labs, innovating Bitcoin-native applications, secured $7M in seed funding from Multicoin Capital.
• Orange Charger, expanding EV charging solutions, raised a $6.5M seed round from Munich Re Ventures and Climactic.
• Relocalize, pioneering autonomous microfactory platforms, extended its seed funding by $5.8M with Desjardins Capital.
• Arcium, a Swiss startup focused on on-chain confidential computing, raised $5.5M led by Greenfield Capital.
• Aerial, enhancing business data processing with AI, raised a $2M pre-seed round led by Fuse.

Private Equity

• Real estate tycoon Frank McCourt is assembling a consortium to bid for TikTok’s US operations, valued at up to $40B.
• KKR is negotiating with the EU to fast-track approval of its $23.8B acquisition of Telecom Italia’s land-line network by proposing concessions.
• International Distributions Services considers accepting a $4.4B offer from Daniel Kretinsky for Royal Mail.
• A consortium including Malaysia’s SWF Khazanah and others is set to take Malaysia Airports private in a $3.9B deal.
• Axiata and Sinar Mas are exploring a merger of their Indonesian telecom assets, valuing the potential deal at $3.6B.
• KPS Capital Partners is set to acquire Siemens' Innomotics division for $3.3B.
• SoftwareOne, a $3B enterprise SaaS company, has attracted multiple private acquisition offers.
• UK-based John Wood Group turned down a revised $1.9B buyout proposal from Sidara, based in Dubai.
• Novo Nordisk purchased approximately 60% of Single Use Support, a life science tools firm, in a deal nearing $1B.
• Insurance giant Aflac acquired a 40% stake in Tree Line Capital Partners for about $100M.

IPO

• Italy is offloading a $1.5B stake in oil giant Eni to mitigate national debt.
• Ingram Micro, backed by Platinum Equity, is prepping for an IPO that could top $1B at a valuation nearing $10B.
• Aadhar Housing Finance, supported by Blackstone, saw its stock climb approximately 9% in its market debut following a $359M IPO.
• Raspberry Pi is eyeing a London IPO that could value the company at around $630M.
• AMC orchestrated a private transaction converting $164M of debt into equity to strengthen its financial position.

New Funds

• Leonard Green & Partners is targeting $1.5B for its inaugural GP-led secondaries fund.
• Cresta Fund Management is raising $650M to back sustainability projects through its new green energy fund.
• Polar Asset Management Partners secured $300M for a fund dedicated to credit risk transfer investments.
• PeakBridge raised $187M for its second growth fund, focusing on the agri-food tech sector.