Despite a tight venture capital market, personal finance platform Kikoff, AI safety startup Netradyne, healthcare AI firm Hippocratic AI, genetic research company Truveta, recruiting startup Mercor, and satellite company Loft Orbital all reached billion-dollar valuations.
View in browser
Cyndx Insights | Logo | EC

THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS

    Datacenters DC STUDIOS 700

    PHOTO: DC STUDIOS

    6 new tech unicorns emerge in January despite VC slowdown

    Despite a tight venture capital market, personal finance platform Kikoff, AI safety startup Netradyne, healthcare AI firm Hippocratic AI, genetic research company Truveta, recruiting startup Mercor, and satellite company Loft Orbital all reached billion-dollar valuations. Read here

      Goodpack sale attracts Apollo, Brookfield, others

      KKR & Co’s revived attempt to potentially sell the container and logistics services provider has attracted interest from global investment firms including Apollo Global, I Squared Capital, and Stonepeak. Read here

      PHOTO: GOODPACK

      Goodpack 300

      Celsius to buy Alani Nutrition in $1.8B deal

      The Florida-based energy drink company is set to buy the Kentucky health and wellness drinks brand through a combination of cash and stock, boosting its portfolio of sports and energy beverages. Read here

      PHOTO: ALANI NU

      Alani Nu 300

      NEWS WORTH NOTING

      OpenAI rolls out Operator

      to ChatGPT Pro users 

      The artificial intelligence pioneer is expanding the availability of its AI agent, capable of performing tasks like booking tickets, to subscribers in countries including Australia, Canada, India, and the UK. Read here

      PHOTO: JERNEJ FURMAN

      OpenAI_logo_with_magnifying_glass_(52916339167)400-1

      DEALS ROUNDUP

      • Apollo, Sycamore, other PE firms compete for Family Dollar 
      • Together AI raises $305M Series B funding at $3.3B valuation
      • Arize AI secures $70M Series C funding led by Adams Street
      • Specialty Risk RE completes $50M institutional funding round 
      • Lumotive snags $45M Series B for optical semiconductors
      • SmartSuite receives $38M in funding led by Canapi Ventures 
      • Relish gets $25M in Series B for enterprise app development
      • Asteroid mining tech has lift-off as Karman+ secures $20M
      • Voltron Data receives investment from Accenture Ventures
      • Resynergi nabs $18M in Series B extension led by Taranis

        INTERNATIONAL MARKETS

        Abu Dhabi’s Adnoc seeks $2.8B in gas unit stake sale

        The Abu Dhabi National Oil Co is offering about 4%, or 3.1 billion shares, in Adnoc Gas to institutional investors, in a selldown that is likely to be priced at 3.40 dirhams per share. Read here

        CoStar makes $1.7B play for Australia’s Domaine

        The property data group has made an approach for Sydney’s No. 2 real estate classifieds company, swooping on a lackluster performer in a market primed for a resurgence. Read here

        HBM Healthcare eyes $1.7B sale of Swixx Biopharma

        The Swiss healthcare fund is working with Jefferies Financial Group and Centerview Partners to explore options for its portfolio company, including a potential sale. Read here

          European IPOs show rosy signs after bumpy start

          Europe’s market for initial public offerings has gotten off to an uneven start this year, but advisers say the deals offer positive signs for the next batch of listings. Read here

            JOIN OUR FREE WEBINAR!

            AI’s Role in Deal-Sourcing

            and M&As

            MARCH 5, 12:30 PM EST

            REGISTER HERE
            Cyndx-logo-Mark-White

            Join Our LinkedIn Community

            Questions? Please email us at marketing@cyndx.com. 

            Did a friend forward you this email? Subscribe here.

            Facebook
            LinkedIn
            X
            Instagram

            Cyndx Networks LLC, 525 Okeechobee Blvd. #840, West Palm Beach, Florida 33401

            Unsubscribe Manage preferences