Deals (June 27 - July 7, 2025)

Weekly Deals: Private markets stayed hot as AI, compliance, and infrastructure drew deep-pocketed investors

🔎What’s Happening Right Now?

AI funding didn’t skip a beat — Genesis AI raised a stunning $105M seed to power generalist robotics, while Centific and ClearSpeed fueled enterprise infra and automation. In healthcare, investors backed AI-native clinical trial tools, credentialing platforms, and diagnostics startups like Mandolin and Portal Biotech. M&A and buyouts surged: Grammarly acquired Superhuman, Brightstar paid $1.1B for PlayAGS, and Capstan Therapeutics sold to AbbVie for $2.1B. Climate tech and compliance also saw momentum, with Climeworks raising $162M for carbon capture and Niural securing $31M for borderless payroll. On the capital markets front, IPO filings from Figma, NIQ, and Accelerant signal cautious optimism returning to public listings.

🚀 Venture & Growth

AI & Automation

  • Centific raised a $60M Series A to support AI data labeling and model development tools for enterprises. Granite Asia led. (Centific)

  • Genesis AI raised a $105M seed round to build universal AI models for robotics. Eclipse and Khosla Ventures co-led. (Techcrunch)

  • Kognitos raised a $25M Series B to expand its natural language process automation platform. Prosperity7 led. (Businesswire)

  • DataBahn raised a $17M Series A to help enterprises query internal documents using LLMs. Forgepoint Capital led. (DataBahn)

  • Climatiq raised an $11.7M Series A for its carbon emissions analytics API. Alstin Capital led. (AgFunderNews)

  • ClearSpeed raised a $60M Series D to scale its AI-powered voice-based risk assessment tools. Align Private Capital led. (Businesswire)

  • Campfire raised a $35M Series A to build AI-native accounting infrastructure. Accel led. (Techcrunch)

  • Lovable is reportedly raising a $150M round at a $2B valuation to generate full web apps from text prompts. Accel is leading. (Techcrunch)

SaaS / Workflow Optimization

  • Clarify raised a $15M Series A to build AI copilots for enterprise sales teams. USVP and Gradient co-led. (Geekwire)

  • Deeto raised a $12.5M Series A to automate customer marketing via authentic voice collection. Jump Capital led. (Businesswire)

HealthTech & Bio

  • Mandolin raised a $40M round to match patients with clinical trials using AI. Greylock and Maverick backed. (Businesswire)

  • Certify raised a $40M Series B for its provider credentialing and compliance platform. Transformation Capital led. (Certify)

  • Portal Biotech raised a $35M Series A to build pathogen-detecting diagnostics. NATO Innovation Fund co-led. (GlobalNewswire)

  • Syntis Bio raised a $33M Series A to commercialize an appetite-suppressing pill that coats the small intestine. Cerberus Ventures led. (MedCityNews)

  • Gallant raised an $18M Series B to expand stem cell therapeutics for pets. Digitalis Ventures led. (Gallant)

Fintech & Compliance

  • Niural raised $31M to scale global payroll and contractor management tools. Marathon Management led. (Niural)

  • Grifin, investing where you shop, raised $11M Series A (Techcrunch).

💼 Private Equity & Growth Buyouts

Industrials & Infrastructure

  • Stonepeak acquired Forgital Group, an aerospace-grade rolled rings manufacturer, from Carlyle for ~$1.8B. (Stonepeak)

  • WebPros (a CVC portfolio company) acquired Comet Backup, a platform for MSPs and IT backup storage. (WebPros)

Business & Financial Services

  • Aquiline Capital acquired SEI’s family office services business, now renamed Archway. (Aquiline Capital)

  • Mill Point Capital acquired SS8 Networks, a provider of lawful intercept and surveillance software for intelligence agencies. (Mill Point Capital)

Consumer & Leisure

  • Brightstar Capital Partners acquired PlayAGS, a gaming supplier to casinos and digital platforms, for approximately $1.1B. (Brightstar Capital Partners)

🏢 Corporates

AI & Software

  • Grammarly acquired Superhuman to expand its AI writing suite into email productivity. (Grammarly)

  • Meta is in talks to acquire voice AI startup PlayAI for real-time voice replication tools. (Techcrunch)

Healthcare & Life Sciences

  • AbbVie agreed to acquire Capstan Therapeutics for $2.1B to strengthen its RNA therapy pipeline. (AbbVie News Center)

LegalTech

  • Clio agreed to acquire legal research platform vLex in a $1B deal. (Clio)

Supply Chain & Logistics

  • Doddle (Blue Yonder-backed) acquired the remaining stake in Inmar Post-Purchase Solutions. (Businesswire)

📈 IPOs, Direct Listings, & SPAC’s

  • Figma filed to go public after its $20B sale to Adobe collapsed in 2023. (Figma)

  • Accelerant Holdings filed for IPO, reporting $653M in FY revenue. (Businesswire)

  • NIQ Global Intelligence filed to raise +$1B in a US IPO backed by KKR. (Seeking Alpha)

  • McGraw Hill filed to go public backed by Platinum Equity. (Reuters)

💰 Debt & Structured Finance

  • India’s Torrent Pharma secured $2.3B in credit to finance JB Chemicals acquisition. (ExecSum)

  • Barbados issued $500M in climate-linked bonds with disaster clauses. (IFR Asia)

  • SoftBank’s telecom unit is planning to raise $1B via its first dollar bond sale. (ExecSum)

  • Starwood and Blackstone are lending $389M to finance a NYC residential tower. (Globest)

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