The venture market is buzzing, with AI, cybersecurity, and clean energy leading the charge. Cyera’s $540M Series E doubles its valuation, signaling strong demand for AI-driven data security. Proxima Fusion’s $150M Series A, Europe’s largest private fusion investment, aims for a stellarator-based power plant by the 2030s. Anysphere’s $900M raise for its AI coding assistant Cursor underscores the frenzy around developer tools. Private equity is active with Roark Capital’s $1B acquisition of Dave’s Hot Chicken, while corporates like Suzano reshape consumer markets with a $3.4B joint venture. IPOs from Circle and Chime show a warming public market, but Builder.ai’s bankruptcy reminds us of tech’s risks.

Tech

• Cyera, a NYC-based data security company, raised $540M in Series E funding at a $6B valuation. Georgian, Greenoaks, and Lightspeed Venture Partners led, joined by Accel, Coatue, and others. Its AI-powered platform protects sensitive data across cloud and AI ecosystems. FinSMEs

• Anysphere, a San Francisco-based AI coding assistant (Cursor), raised $900M at a $9.9B valuation. Thrive Capital led, with Andreessen Horowitz and Accel. Its tool boosts developer productivity with $500M+ ARR. Crunchbase

• Gecko Robotics, a Pittsburgh-based infrastructure inspection company, raised $125M in Series D funding at a $1.25B valuation. Cox Enterprises led, with Founders Fund and Y Combinator. Its robots monitor critical assets. CNBC

• Multiverse Computing, a Spain-based quantum AI company, raised $215M in Series B funding. Bullhound Capital led, with HP Tech Ventures and others. Its tech shrinks LLMs by 95%. Multicomputing.com

• Meter, a San Francisco-based internet and cellular network provider, raised $170M at a $1B+ valuation. General Catalyst led, with Sequoia Capital and Microsoft. It supports business connectivity. Meter.com

• Guardz, a Miami-based cybersecurity platform for SMEs, raised $56M in Series B funding. ClearSky led, with Glilot Capital Partners and SentinelOne. It protects IT service clients. FinSMEs

• Pactum, a Mountain View-based AI procurement platform, raised $54M in Series C funding. Insight Partners led. It automates supplier contract negotiations. SiliconAngle

• Definely, a London-based legal tech startup, raised $30M in Series B funding. Revaia led, with Octopus Ventures and Clio. It streamlines document drafting for lawyers. Vestbee

• Infisical, a San Francisco-based secrets management platform, raised $16M in Series A funding. Elad Gil led, with Y Combinator and Gradient. It secures API keys and passwords. FinSMEs

• Octaura, a NYC-based digital trading platform, raised $46.5M from Bank of America, Citi, and others. It facilitates syndicated loans and CLOs trading. Crunchbase

• Runwise, a NYC-based building management software company, raised $30M in Series B funding. Menlo Ventures led, with MassMutual Ventures. It reduces energy costs via boiler control. Technews180

• Turnkey, a NYC-based crypto wallet software provider, raised $30M in Series B funding. Bain Capital Crypto led, with Sequoia Capital and Lightspeed. It embeds secure wallets in apps. Fortune

• Altura, an Amsterdam-based AI bid management platform, raised $9.2M in Series A funding. Octopus Ventures led, with Fortino Capital. It improves construction contract bids. Altura.io

• Fisent Technologies, a Toronto-based automation platform, raised $2M in seed funding. Cloudberry Pioneer Investments led, with Pega. It automates back-office tasks. Techintelpro

• Olyzon, a NYC and Paris-based AI CTV advertising platform, raised $5.0M in seed extension funding. Cassius Capital led, with Ventech. It enhances connected TV ads. FinSMEs

• Lemony, a NYC-based on-premise AI device, raised $2M in seed funding. True Ventures led, with Alumni Ventures. It offers localized AI solutions. Venturebeat

Consumer

• Canary Technologies, a San Francisco-based hotel guest management tech company, raised $80M in Series D funding. Brighton Park Capital led, with Insight Partners. It enhances hotel operations. Canary Technologies

• Knowunity, a Berlin-based AI student learning platform, raised €27M ($31.3M) in Series B funding. XAnge led, with Portfolion and Project A. It supports student education. Vestbee

• Tracksuit, an Auckland-based brand tracking platform, raised $25M in Series B funding. VMG Partners led, with Altos Ventures and Blackbird. It monitors brand performance. gotracksuit

• Try Your Best, a Tucson-based digital rewards platform, raised $11M in Series A funding. Offline Ventures and Strobe Ventures co-led, with Coinbase Ventures. It builds brand loyalty. Coinstats

• Clara Home Care, a San Francisco-based senior care hiring platform, raised $3.1M in seed funding. Torch Capital, Virtue, and Y Combinator led. It connects caregivers with seniors. FinSMEs

Healthcare

• Mosanna Therapeutics, a Swiss-based sleep apnea treatment developer, raised $80M in Series A funding. Pivotal bioVenture Partners and EQT Life Sciences co-led, with Forbion. It develops nasal spray therapies. Medpath

• SpliceBio, a Barcelona-based genetic medicines company, raised $135M in Series B funding. EQT Life Sciences and Sanofi Ventures led, with Roche Venture Fund. It focuses on protein splicing. FinSMEs

• Autonomize AI, an Austin-based healthcare AI solutions provider, raised $28M in Series A funding. Cigna Ventures and Tau Ventures co-led, with ATX Venture Partners. It analyzes clinical data. Builtinaustin

• Commons Clinic, a Los Angeles-based preventative healthcare platform, raised $26M in Series B funding. RA Capital led, with Floating Point and SteelSky Ventures. It focuses on proactive care. FinSMEs

• Parallel Bio, a Cambridge, MA-based drug discovery company, raised $21M in Series A funding. AIX Ventures led, with Amplo and Marc Benioff. It accelerates drug development. FinSMEs

Fintech

• Landbase, a San Francisco-based AI go-to-market platform, raised $30M in Series A funding. Sound Ventures and Picus Capital co-led, with 8VC. It automates outreach marketing. FinSMEs

• CloudQuery, a NYC-based cloud governance platform, raised $16M in funding. Partech led, with Boldstart and Tiger Global. It supports developer cloud management. Businesswire

Other

• Proxima Fusion, a Munich-based fusion energy company, raised €130M ($150M) in Series A funding. Cherry Ventures and Balderton Capital co-led, with UVC Partners and others. It aims to build a stellarator-based fusion power plant by the 2030s. Proxima Fusion

• Shinkei Systems, a Los Angeles-based seafood supply chain tech company, raised $22M in Series A funding. Founders Fund and Interlagos co-led, with Yamato Holdings. It optimizes seafood logistics. Agtechnavigator

• Iterate.ai, a San Jose-based enterprise AI solutions developer, raised $6.4M in funding. Auxier Asset Management led. It deploys custom AI tools. FinSMEs

• Innovative Pet Lab, a Norcross, GA-based pet health test provider, raised $1.1M in pre-seed funding. Nordic Group led. It offers at-home pet diagnostics. Leadontrees

Exits

• Clay, a NYC-based relationship management platform, was acquired by Automattic. TechCrunch

• ThreatQuotient, an Ashburn, VA-based threat intelligence management company, was acquired by Securonix. Securonix

Tech

• Equality Asset Management acquired Rhoads Online Institute, Elation Systems, and Advanced GRC to form Auctivo, a NYC-based governance and compliance software provider. Businesswire

• Herringbone Digital, backed by Trinity Hunt Partners, acquired Hennessey Digital, a North Hollywood-based digital marketing agency for law firms. Yahoo Finance

Healthcare

• Advent International acquired a minority stake in Felix Pharmaceuticals, a Dublin-based animal medication developer, for $175M. Advent International

Consumer

• Roark Capital, an Atlanta-based private equity firm, acquired Dave’s Hot Chicken, a fast-casual restaurant chain, for $1B to fuel global expansion. CNBC

• Orangewood Partners acquired a majority stake in Motley 7 Brew, a Fayetteville, AR-based 7 Brew coffee brand franchisee. Businesswire

• DELABIE Group acquired KWC Professional, a Switzerland-based sanitary equipment company, from Equistone Partners Europe. Equistone

Others

• Bain Capital acquired a minority stake in ARCOS, a Columbus-based workforce management platform for utilities. FinSMEs

• Atlas Vineyard Management, a Juggernaut Capital Partners portfolio company, acquired Results Partners, a McMinnville, OR-based vineyard management company. KGW

Exits

• Healthium, an Indian medical device company, was sold by Apax Partners to KKR for $1.2B. Themiddlemarket

• Casa Optima, a Rimini, Italy-based gelato ingredients company, was sold by Charterhouse Capital Partners to Terlos. CasaOptima

Fundraises

• New Mountain Capital closed a $15.4B fund for private equity investments across sectors. Businesswire

🏢 Corporates

Healthcare

• Thermo Fisher Scientific plans to sell its diagnostics unit for ~$4B to private equity firms. Reuters

• BioNTech agreed to acquire CureVac, a biopharma firm, in an all-stock deal valued at ~$1.3B, at a 34% premium. BioNTech

• Kenvue, J&J’s consumer health spinoff, is exploring a sale of its skin health and beauty brands. Reuters

Consumer

• Suzano agreed to acquire a 51% stake in Kimberly-Clark’s international tissue business for $3.4B, forming a joint venture operating in 70+ countries. Yahoo Finance

Others

• Allison Transmission agreed to acquire Dana’s off-highway unit, a drivetrain manufacturer, for $2.7B. Allison Transmission

• Sumitomo Realty & Development is seeking to sell a portfolio of Tokyo office assets for over $700M after activist Elliott disclosed a stake. Yahoo Finance

Exits

• Playa Hotels & Resorts, a Caribbean resort operator, was acquired by Hyatt for $2.6B, exiting its public listing. Hotelinvestmenttoday

• Apryse, a Denver-based document processing software provider, is being explored for a $3B+ sale by Thoma Bravo. Inforcapital

📈 IPOs & Listings

Tech

• Voyager Technologies, a defense tech firm, surged 139% in its debut after raising $383M in an IPO, valuing it at $3.9B. Seekingalpha

• Chime, a San Francisco-based neobank, raised $8.64B in an IPO priced above range, valuing it at $11.6B. Ainvest

• Circle, a NYC-based stablecoin issuer, raised $1.1B in an IPO of 34M shares priced at $31, valuing the company at $6.8B-$8B. Backed by Accel and General Catalyst. Seekingalpha

Healthcare

• Omada Health, a San Francisco-based chronic care platform, raised $150M in an IPO of 7.9M shares priced at $19, valuing it at $1.1B. Backed by Andreessen Horowitz and Fidelity. Firstwordhealthtech

• Caris Life Sciences, an Irving, TX-based AI oncology platform, plans to raise $424M in an IPO of 23.5M shares at $16-$18. Backed by Sixth Street. Medtechdive

Others

• Slide Insurance Holdings, a Tampa-based home insurer, plans to raise $340M in an IPO of 20M shares at $15-$17, valuing it at $2.1B. Backed by DC13. Businesswire

• EQV Ventures Acquisition II, a Park City, UT-based blank check company, plans to raise $350M in an IPO of 35M units at $10. Backed by EQV Group. Itiger

• Ategrity Specialty Insurance, a NYC-based insurer for SMEs, raised $113M in an IPO of 6.7M shares at $17, with $351M in sales. Backed by ZFSG. Insurancebusinessmag

💰 Debt

Tech

• JPMorgan and Morgan Stanley are arranging a $350M private credit deal for TeraWulf, a data center operator. Privateequitywire

• IREN, a bitcoin miner, will raise $450M in a convertible debt offering. Yahoo Finance

Other

• Vingroup, a Vietnamese conglomerate, is seeking a $300M private credit loan. Privateequitywire

• Seazen Group, a Chinese developer, sold a $300M note, its first dollar-bond since 2023. Octus

• Transnet, a South African ports operator, will receive government guarantees to meet debt obligations. Moneyweb

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