Descartes Acquires Idelic for $28M Upfront, Up to $40M with Earn-Out
Descartes Systems Group announced the acquisition of Idelic, an AI‑powered driver safety and performance management platform. The deal includes $28 million cash up‑front and a potential $12 million performance‑based earn‑out, payable in 2028‑2029. The acquisition adds critical safety data to Descartes’ Global Logistics Network and expands its fleet performance capabilities.
Foamlab Raises $3.3M Growth Capital to Scale Bacterial Cellulose Foams
Foamlab, a Delft‑based startup developing bacterial cellulose foams as sustainable alternatives to fossil‑based plastics, announced a €3 million ($3.3 million) growth‑capital round. The round was led by ICOS Capital with participation from Value Factory Ventures, DOEN Ventures, Capricorn Industrial Biotech Fund and...
Pimco Provides $10B Private‑placement Debt to Gulf Governments
Pimco has extended up to $10 billion in private‑placement loans to Gulf sovereigns that have been cut off from public markets amid the US‑Iran war. The deals, arranged via private credit, underscore Pimco’s growing role in the private‑debt market. The financing...
New Charter Technology Acquires GraVoc and ICG to Expand MSP Services
New Charter Technology announced the acquisition of Massachusetts‑based GraVoc and Miami‑based ICG, adding cybersecurity, ERP and cloud capabilities to its managed services platform. The deals, whose terms were not disclosed, broaden New Charter’s geographic reach and service portfolio, strengthening its...
Telangana Government Acquires Hyderabad Metro Rail for ₹15,000 Crore
The Telangana Government approved a share purchase agreement to acquire 100% of Hyderabad Metro Rail from L&T Hyderabad Metro for ₹15,000 crore ($1.8B). The transaction also secures a ₹13,651 crore loan from Indian Railway Finance Corporation and assumes about ₹13,000...
Somnigroup International to Acquire Leggett & Platt for $2.5B
Somnigroup International announced an all‑stock acquisition of its long‑time supplier Leggett & Platt for about $2.5 billion. The boards of both companies have approved the deal, which is expected to close by year‑end, creating a combined entity with $11.2 billion in net sales...
Lincoln International Files for U.S. IPO
Chicago‑based Lincoln International Inc., a mid‑market investment bank, filed for a U.S. initial public offering, reporting net income of $214.1 million on revenue of $783.8 million in 2025. The filing marks the company's move to go public, though the valuation and amount...
AD Ports Group Completes Warehouse Sale to Aldar
AD Ports Group completed the sale of three warehouses in KEZAD Logistics Park to Aldar for AED 650 million ($177 million). The transaction covers 161,000 sqm of leasable space and marks the second warehouse asset sale between the two firms...
People Can Fly Group Acquires Cooldown Games Brand and Publishing Rights
People Can Fly Group announced that it has acquired the Cooldown Games brand and its publishing rights, establishing a dedicated publishing vertical. The deal expands People Can Fly’s self‑publishing capabilities and adds a capital‑efficient revenue stream. Financial terms were not...
Inszone Insurance Services Acquires James R. Vozar Insurance Agency
Inszone Insurance Services announced the acquisition of James R. Vozar Insurance Agency, a Michigan-based independent insurer with offices in Athens, Quincy, and Union City. The deal expands Inszone’s Midwest footprint and adds agricultural insurance expertise to its portfolio. The acquisition...
Basalt Secures $1.5bn First Close for Its Fifth Infrastructure Fund
Basalt announced that its fifth infrastructure fund has achieved a first close of $1.5bn, reaching half of its $3bn target just eight months after launch. The milestone underscores strong investor demand for infrastructure assets.
Verda Secures €100M ($117M) in Equity and Debt Financing Led by Lifeline Ventures
Helsinki‑based AI infrastructure startup Verda announced it has raised €100 million ($117 million) in a new funding round. The equity portion was led by Lifeline Ventures with participation from byFounders, Tesi, Varma and other investors, alongside debt financing from Nordic financial institutions....
Sillage Raises $2M in Pre-Seed Round
Paris-based AI startup Sillage announced the close of a €1.7 million ($2 million) pre‑Seed round, led by Kima Ventures, Angel Invest and Drysdale Ventures, with participation from a German Super Angel Fund and other angels. The funding will support development of its...
PlaySimple Files DRHP for ₹3,150 Cr ($384M) OFS-Only IPO
Swedish gaming firm MTG-owned PlaySimple Games has filed a draft red herring prospectus with SEBI for an OFS-only IPO targeting ₹3,150 crore (approximately $384 million). MTGx Gaming Holding AB will be the sole seller, and the company operates a portfolio of...
Allied Critical Metals Secures $40M Strategic Investment for Portugal Tungsten Project
Allied Critical Metals Inc. announced a $40 million strategic investment comprising a $25 million private placement of common shares and a $15 million project financing from an existing strategic investor, along with an off-take agreement for 50% of the tungsten...
SBI Funds Management to Market $1.5B IPO Next Week
SBI Funds Management Ltd., jointly owned by State Bank of India and Amundi, announced it will begin marketing its planned IPO next week, targeting up to $1.5 billion in proceeds and a $13‑15 billion valuation. The firm has appointed nine banks, including...
Waterland Closes €4.6bn ($5.0bn) Double Hard Cap on New Buyout Fund
European private equity firm Waterland announced that its latest flagship buyout fund and sophomore Partnership Fund have reached a double hard cap of €4.6bn (approximately $5.0bn) in less than four months, marking a rapid fund close. The close reflects strong...
Viant to Acquire TVision for $40M
Viant, a data-driven advertising platform, announced it will acquire TV ad research firm TVision in a deal valued at $40 million. The acquisition aims to expand Viant's measurement capabilities across linear, CTV, and walled gardens, providing market-wide attention and co-viewing...
SentiaNova Secures Initial Funding From FOOD FOUNDERS Studio as It Emerges From Stealth
Zurich‑based foodtech startup SentiaNova, which has patented technology to de‑flavor pulse proteins, announced it has secured initial funding from venture studio FOOD FOUNDERS Studio. The company emerged from stealth and plans to launch neutral‑tasting pea protein concentrate later this year...
Skydio Raises $110M in Series F Funding Round
Drone maker Skydio announced it raised $110 million in a Series F financing round, lifting its valuation to $4.4 billion. The round closed a day before the company pledged $3.5 billion to expand U.S. manufacturing. Investors were not disclosed, though prior backers include Nvidia,...
Ray Therapeutics Closes $125M Series B to Advance Vision‑Restoring Therapies
Berkeley‑based Ray Therapeutics, which develops optogenetic eye‑disorder therapies, closed a $125 million Series B round. The financing was led by Janus Henderson Investors with participation from Adage Capital Management, Franklin Templeton, Invus, Marshall Wace and the venture arms of MSD and Novo...
Kurma Partners Closes Biofund IV at $236M, Delivering Fresh Biotech Capital
Kurma Partners announced the final close of its Biofund IV at $236 million, below its $275 million target, creating a new source of capital for European biotech founders. The fund aims to back 16‑20 companies developing therapeutic solutions, building on Kurma’s hands‑on creation...
Flokk Acquires US-Based Spec Furniture to Boost North American Presence
Norwegian furniture maker Flokk announced the acquisition of US-based Spec Furniture, adding commercial seating and tables to its portfolio. The deal expands Flokk's North American footprint, now accounting for around 40% of sales, and supports its goal to become a...
Old Republic International Announces ECM Acquisition, Expected to Close by July 1
Old Republic International Corporation announced it will acquire ECM, with the transaction slated to close by July 1, 2026. The acquisition is part of Old Republic's strategic expansion and is expected to boost earnings in the second half of the...
Modern Milkman Raises $12.5M in New Funding Round
Modern Milkman, a UK‑based grocery delivery startup, announced it has secured an additional £10 million (approximately $12.5 million) in funding, bringing total capital raised to over £60 million. The fresh capital will support the company’s expansion of its direct‑to‑consumer model and the launch...
TheStorage Raises $3.96M Seed Round to Scale Industrial Thermal Energy Storage
TheStorage, a cleantech firm developing industrial thermal energy storage, closed a $3.96M seed round led by Voima Ventures, with participation from Superhero Capital, 2C Ventures and Momentum. The funding will accelerate commercialization, expand the team and scale the technology globally.
Allied Industrial-Backed CES Power Completes Three Acquisitions in Ireland
CES Power, backed by Allied Industrial, announced the completion of three acquisitions in Ireland, acquiring GH Energy Rental, Event Power and Purecore. The deals expand CES Power's footprint in the Irish power and energy services market. Financial terms were not...
UNIVITY Raises €27M ($31.6M) Series A to Build VLEO 5G Connectivity Demo
French satellite startup UNIVITY announced a €27 million ($31.6 million) Series A round led by Blast Club, Expansion Venture Capital and Bpifrance’s Deep Tech fund. The funding will be used to expand the team and launch the uniShape 5G connectivity demo in very‑low‑Earth‑orbit,...
Carbon Upcycling Technologies Secures $10M Asset‑backed Financing From ATEL Ventures
Carbon Upcycling Technologies announced it has secured $10 million in asset‑backed financing from ATEL Ventures to build its first commercial‑scale plant at a Canadian cement facility. The funding will support the rollout of its CO₂‑to‑cement technology, reducing producer economics and financial...
Nestlé Sells Blue Bottle Coffee to Centurium Capital
Nestlé announced the sale of its Blue Bottle Coffee business, including cafés and consumer‑packaged‑goods, to China‑based Centurium Capital for an undisclosed amount. The transaction, expected to close in the first half of 2026, expands Centurium’s U.S. presence while Nestlé retains...
Pershing Square USA Announces Combined IPO
Pershing Square USA (PSUS) announced the launch of a combined initial public offering, providing investors exposure to both the new closed‑end fund and Pershing Square Inc. The fund will hold a concentrated portfolio of 12‑15 large‑cap growth stocks with a...
KeepTabz Raises $250K From Angel Investors
San Antonio-based AI-powered competitive intelligence startup KeepTabz announced its general availability launch and disclosed a $250,000 angel funding round. The round was raised from undisclosed angel investors in San Antonio, San Francisco and Silicon Valley. The funding will support product...
Zapata Quantum Secures $15M Series D Financing Led by Triatomic Capital
Zapata Quantum announced the completion of an oversubscribed $15 million Series D financing round, led by Triatomic Capital. The funds will be used to scale its hardware‑agnostic quantum software platform and expand its science and engineering teams.
Texas Capital Bancshares Completes $400M Senior Notes Offering
Texas Capital Bancshares Inc. issued $400 million of fixed‑to‑floating rate senior notes at a 5.301% coupon, using the proceeds to redeem $375 million of outstanding subordinated notes. The debt offering was completed in Q1 2026, strengthening the bank’s capital structure....
Pantoro Invests $20M in Mega's Rama Mining Project
Pantoro has committed $20 million to develop mining operations at Mega's Rama project, with ore to be processed at Pantoro's Norseman site. The financing was announced on April 23, 2026, marking a strategic partnership between the two mining firms.
Stewart Information Services Corp. Acquires Nationwide Appraisal Network for $40M
Stewart Information Services Corporation (STC) completed the acquisition of Nationwide Appraisal Network (NAN) for $40 million, adding an appraisal management platform to its Real Estate Solutions segment. The deal is expected to generate about $30 million in revenue over the...
Bed Bath & Beyond to Acquire The Container Store for $150M
Bed Bath & Beyond Inc. announced it will acquire The Container Store in a deal valued at approximately $150 million in stock and convertible notes. The acquisition will enable combined store formats across California and 33 other states, integrating Bed Bath...
Ecopetrol to Acquire 26% Stake in Brazil's Brava Energia, Targeting Controlling Interest
Ecopetrol has agreed to purchase about 26% of Brava Energia from existing shareholders, with plans to launch a tender offer to reach a 51% controlling stake, subject to regulatory approval. The deal will be funded via a bridge loan and...
Ardagh Metal Packaging Completes $450M Asset‑based Lending Facility Refinancing
Ardagh Metal Packaging S.A. announced the completion of a refinancing of its asset‑based lending facility in Q1 2026, increasing the facility to $450 million and extending its maturity to January 2031. The debt financing was disclosed during the company's earnings call on...
L’Oréal Completes Acquisition of Kering Beauté
L’Oréal Group announced the completion of its acquisition of Kering Beauté, expanding its luxury fragrance portfolio. The deal, whose financial terms were not disclosed, was finalized as part of L’Oréal’s Q1 2026 results.
Tesla to Acquire Undisclosed AI Hardware Company for Up to $2 B
Tesla disclosed in its Q1 2026 10‑Q filing that it entered into an agreement in April to acquire an undisclosed AI hardware company for up to $2 billion in Tesla common stock and equity awards, with about $1.8 billion contingent on performance...
Alaya By Stage3 Secures Seed Funding Led by LC Nueva AIF
Gurugram‑based ethnic wear brand Alaya By Stage3, operated by Cosmo Brands Private Limited, raised an undisclosed seed round led by LC Nueva AIF, with participation from a Delhi‑based high‑net‑worth individual. The capital will be used to expand warehousing, scale inventory,...
FTV Capital Invests in AI Software Firm for Business Credit Professionals
FTV Capital announced a growth-stage investment in an AI software company that provides tools for business credit professionals. The deal was disclosed in a DealMax preview article on April 23, 2026. Financial terms were not disclosed.
Accenture Invests in Iridius to Accelerate Compliance-First AI Adoption in Life Sciences
Accenture Ventures has invested in Iridius, an enterprise AI infrastructure company that builds compliance‑by‑design AI solutions for regulated life‑sciences and pharmaceutical firms. The undisclosed investment will also create a strategic partnership to help life‑sciences organizations scale AI while ensuring regulatory...
Adani Group Commits $9.6B to Navi Mumbai Airport Expansion
The Adani Group announced it will invest approximately $9.6 billion in the expansion of Navi Mumbai airport, covering the second terminal and land-side development. The investment comes as international flight plans are delayed due to the West Asia conflict, but...
Resolution Minerals Raises $13.2M in Share Placement to Fund Horse Heaven Antimony Project
Resolution Minerals (ASX:RML) secured A$20 million (~$13.2 M) via a two‑tranche share placement at A$0.07 per share, backed by Tribeca Investment Partners and L1 Capital Global Opportunities Master Fund. The capital will fund Phase 2 drilling at the Horse Heaven antimony project in Idaho,...
Tuyyo Acquires Nemi and Todo Verde in Strategic Merger
Tuyyo Foods has merged with Nemi Snacks and Todo Verde, combining three minority‑owned Latin‑American food brands under the Tuyyo name. The deal, announced on April 23 2026, aims to cut costs, expand product categories and accelerate growth through shared resources and supply‑chain...
Rilian Raises $17.5M to Automate Security Software Procurement and Deployment in the Defense Sector
Rilian, a startup building AI‑driven security orchestration tools for defense and national security, announced a $17.5 million seed round. The round was led by 8VC, Tamarack Global and First In, with participation from 8090 Industries, Liquid 2 Venture and Protego Ventures. The funding...
InPHRED Closes $4M Seed Funding Round
US-based photonics startup InPHRED has completed a $4 million seed round to accelerate commercialization of its patented nanoporous InP DBR technology for SWIR VCSELs. The funding will support product development, digital health prototype validation, and expansion of its foundry and...
Textile Tech Startup STCH Raises $7M in Pre-Series A Round Led by Omnivore
Bengaluru-based textile tech startup STCH announced the closing of a $7 million pre‑Series A funding round led by Omnivore, with participation from Kae Capital and WVC. The capital will be used to expand AI capabilities, research and development, and partnerships with...