DNA Tests & Touchdowns

SJE + AMI Global: SJE (Audax-backed) acquires AMI Global to expand cloud-connected solutions for industrial equipment, pumps, and water applications; establishes new cloud solutions division led by AMI CEO Henrik Laursen. Sixth acquisition since 2021.

360 Advanced + Security Compliance Associates: 360 Advanced (Bregal Sagemount portfolio) acquires advisory firm specializing in risk assessments, compliance audits, and security program development; third deal in 18 months, boosting advisory capabilities.

Ciena + Nubis Communications: Ciena to acquire AI-focused optical interconnect specialist Nubis for $270M in cash; aims to strengthen data center and AI offerings. Deal expected to close in Q4 2025.

Theatre Capital & Trajectory Capital + Association Analytics: Firms acquire key assets of Association Analytics (Acumen platform) to form A2 Holdco, supporting existing management under CEO Alex DeBarr; financial terms undisclosed.

Modular – $250M Series C: Led by US Innovative Technology Fund, Modular raises $250M to scale its unified compute platform for AI across cloud and edge hardware; investors include DFJ Growth, GV, General Catalyst, and Greylock Ventures.

Perplexity AI – $110M Investment: Mirae Asset invests $110M at $20B valuation in AI search engine, joining existing backers like Samsung, NVIDIA, and Jeff Bezos.

Fetcherr – $42M Series C: Salesforce Ventures leads funding to scale AI-native market engine for demand forecasting and real-time pricing; expansion into international markets planned.

Corintis – $24M Series A: Semiconductor cooling startup raises $24M (total $33.4M) to mass-produce thermal solutions for AI chips; Intel CEO Lip-Bu Tan joins board.

Deskbird – $23M Series B: Octopus Ventures backs hybrid work platform to optimize office usage with AI-powered analytics; funding for global expansion.

Prelude Security – $16M Funding: Endpoint protection platform secures $16M to commercialize runtime memory protection tech against in-memory cyberattacks.

Nanofiber Quantum – $14M Series A: NanoQT raises $14M to scale ultra-low-loss nanofiber interconnects for quantum processors; plans distributed quantum network.

Revel8 – €7M Funding: Cybersecurity startup raises $8.2M to expand AI-driven employee training simulations against realistic cyberattacks.

Cloudburst – $7M Series A: Crypto intelligence platform secures $7M to advance off-chain monitoring of fraudulent networks and market trends.

yasp – $5M Seed: Munich-based startup develops hardware-agnostic AI optimization tool; funds for product development and hardware support expansion.

Alloy – AUD 4.5M Pre-Seed: Australian robotics analytics platform raises $2.9M to develop unified infrastructure for robot data analysis; expansion into US planned.

PostSig – $4.1M Seed: AI-native intelligence system for business documents secures $4.1M to scale product and expand into new verticals.

Alguna – $4M Seed: AI-native finance platform raises $4M to automate pricing, billing, and revenue recognition, preventing revenue leakage.

Scorecard – $3.75M Seed: Funding to accelerate platform helping developers test and deploy AI agents up to 100x faster.

Trismik – £2.2M Pre-Seed: UK startup raises $2.9M to launch LLM Experimentation Platform for evaluating large language models.

Ardent AI – $2.15M Pre-Seed: Raises funding to build autonomous AI Data Engineer; focus on integrations and next-gen agent model.

Optimeleon – €1.5M Pre-Seed: Berlin AI startup raises $1.8M to automate webpage conversion optimization using AI; funds for DACH launch.

Hub.xyz – $1.7M Total: Distributed data and AI infrastructure network raises $1.7M from SwissBorg to scale community-powered infrastructure.

DOO – $1.7M Funding: Saudi AI startup raises $1.7M to expand AI-driven customer support across GCC with Arabic language and cultural adaptations.

Google + Cipher Mining & Fluidstack – $3B AI Data Center Deal: Google anchors a 10-year, $3B contract between crypto-miner Cipher and AI startup Fluidstack, guaranteeing $1.4B of Fluidstack’s commitment and securing the right to a 5.4% stake. Deal reflects tech giants repurposing crypto-mining capacity for AI infrastructure.

LG Electronics India – $1.3B IPO: LG’s India unit prepares a $1.3B IPO (valued at ~$9B) for early October, down from a previous $15B target; set to be the third billion-dollar IPO in India this year.

NEP Group + Seven Production: Carlyle-backed NEP Group acquires Dubai-based Seven Production to expand live and broadcast production services in the Middle East; Seven Production joins NEP’s Middle East & Asia unit, led by MD Pierre Tabet. Financial terms undisclosed.

Rai Way & EI Towers – Tower Merger Talks: Italian broadcasting tower operators extend discussions on a potential $4.72B combined entity, including debt; state-owned RAI must retain at least a 30% stake.

New England Patriots – 8% Stake Sale: Patriots sell 8% stake at $9B+ valuation; Sixth Street buys 3% and Dean Metropoulos 5%, with Kraft family retaining 90%+ ownership. Deal covers NFL franchise only and marks Sixth Street’s first NFL investment.

Vylit – $2.7M Seed: Former OnlyFans CEO Ami Gan’s 18+ creator platform raises $2.7M ahead of December launch; Windmill Chain leads round to support AI-powered content monetization and discovery tools.

Buss Brothers – Sports Investment Venture: Lakers executives Joey and Jesse Buss launch Buss Sports Capital to pursue acquisitions and partnerships across global sports. Following the family’s $10B Lakers stake sale, the firm teams up with CAA Evolution for transactions and EM Securities as banking partner.

Gossamer Bio + Respira Therapeutics: Gossamer secures option to acquire Respira, issuing 2.5M shares at signing and 1.5M more on exercise, with potential milestone and royalty payments; Sidley Austin advises Respira.

Datavant + DigitalOwl AI: Healthcare data platform Datavant acquires AI-driven medical data analysis company DigitalOwl to enhance platform capabilities and streamline legal and insurance processes; backers include Insight Partners, Ibex, RGA, and Fusion VC.

Grow Therapy + Neosync: Mental health platform Grow Therapy acquires data privacy firm Neosync to strengthen anonymization and security for 22K providers and 180M clients; builds on existing $178M funding from Sequoia, Goldman Sachs, TCV, and others.

Sebia – €5B Biotech Bidding War: Blackstone, Warburg Pincus, and Nordic Capital circle French diagnostics provider Sebia, valued at ~€5B; CDPQ, CVC, and Tethys may exit. Deal could include €2B in debt financing.

Ollin Biosciences – $100M Launch: Chicago-based startup raises $100M to develop next-gen bispecific eye therapies; led by ARCH, Mubadala, and Monograph Capital.

Inspiren – $100M Series B: Brooklyn AI-powered senior living platform raises $100M (total $155M) to expand unified care, safety, and staffing platform; Insight Partners leads.

Thyme Care – $97M Series D: Nashville-based value-based cancer care company raises $97M to scale operations, expand markets, and enhance AI technology; backed by CVS Health Ventures, a16z Bio + Health, and new strategic investors.

Leo Cancer Care – $40M Funding: Radiotherapy tech developer raises $40M to commercialize FDA-cleared upright radiotherapy system, Marie; Catalio Capital leads.

Axon Therapies – $32M Series A: Clinical-stage heart failure device company raises $32M to advance SAVM therapy; Earlybird and Santé Ventures co-lead; Zoar Engelman named CEO, UK HQ established.

Sunrise Group – $29M Funding: Belgium-based sleep tech company raises $29M to expand US digital sleep clinic Dreem Health; Eurazeo leads.

Daymark Health – $20M Series A: Philadelphia virtual and in-home cancer care platform raises $20M to scale operations and forge new provider partnerships; Healthier Capital and Blue Venture co-lead.

Bonsai Health – $7M Seed: Santa Monica AI platform automates healthcare workflows; raises $7M to expand AI agents, enter new specialties, and scale commercialization.

Vocca – $5.5M Seed: French AI startup improves healthcare call management; raises $5.5M to reduce administrative burden and costs.

SciTech Development – $5.5M Convertible Note: Michigan oncology company raises $5.5M (oversubscribed) after promising clinical trial results for ST-001 nanoFenretinide in T-cell NHL.

GCEX + GlobalBlock Europe: London-based digital prime brokerage GCEX acquires crypto brokerage GlobalBlock Europe ($60M client assets) to expand into digital assets offerings for wealth and asset managers; backed by True Global Ventures.

Cetera RIA + HMC Partners – $425M: Cetera’s Retirement Planning Group acquires Greensboro-based HMC Partners ($425M AUM); co-founders John Hardy and Gib McEachran join TRPG.

Pepper Advantage + Computershare UK Mortgage Servicing: JC Flowers-backed Pepper Advantage acquires Computershare’s UK mortgage servicing business, raising UK AUM to ~£50B ($67M); integration into PRISM platform expected Q4 2025.

ALKEME + Jordan River Insurance: GCP Capital-backed ALKEME acquires Utah-based Jordan River Insurance to expand local footprint and client resources.

ISC Acquisition – PSP, Onex, Ardian: PSP Investments, Onex, and Ardian acquire Integrated Specialty Coverages from KKR; management and employees retain significant stakes; advised by Perella Weinberg and Willkie Farr.

Inszone + Arkansas Best Insurance Agency: Lightyear-backed Inszone acquires century-old Arkansas agency, marking first expansion into the state; Arkansas Best maintains brand and leadership.

Praxis Solutions + WEALTHAWK: Praxis acquires AI platform WEALTHAWK to combine life-event–driven lead generation with Praxis’s distribution capabilities; WEALTHAWK previously backed by Startup San Diego and BakerBridge Capital.

zerohash – $140M Series D: Crypto infrastructure startup raises $140M led by Interactive Brokers at a $1B valuation; Morgan Stanley, SoFi, and Apollo-backed funds also participate. Platform enables banks and fintechs to offer blockchain-based products.

Fnality – $136M Series C: London wholesale payment services provider raises $136M led by WisdomTree, with participation from Bank of America, Citi, Temasek, Tradeweb, and major financial institutions; Broadhaven and Sullivan & Cromwell advise.

TRIVER – £114M Financing: UK fintech secures £14M Series A led by AlleyCorp and £100M debt facility from HSBC and Avellinia to expand AI-powered working capital solutions for SMEs.

Light – $30M Series A: AI-native finance platform raises $30M (total $43M) led by Balderton Capital, with Atomico, Seedcamp, Cherry, and Entrée; platform automates global finance operations for hypergrowth companies.

Insify – $19M Series B: Amsterdam-based AI insurance platform raises €16.3M led by Evli Growth Partners, with continued support from Accel, Munich Re, and others; targets freelancers and entrepreneurs.

Raiku – $13.5M Seed & Pre-Seed: Crypto startup raises $13.5M to improve Solana transaction reliability with new parallel execution layer; led by Pantera Capital, Jump Crypto, Lightspeed Faction, Figment, and Solana co-founder Anatoly Yakovenko.

Goodvest – €12M Series B: Responsible investment platform raises €12M led by Serena to expand products and partnerships; offerings include life insurance and retirement plans aligned with the Paris Agreement.

Citigroup – Banamex Stake Sale: Citigroup sells 25% of Mexican retail banking unit Banamex to Fernando Chico Pardo for ~$2.3B ahead of planned IPO in H2 2026.

Baird Financial – Minority Investment in Reinhart Partners: Baird makes a strategic minority investment in employee-owned value equity manager Reinhart Partners; founder Jim Reinhart retains stake and operational role.

Thoma Bravo + Dayforce – $5.5B Leveraged Loan: Goldman Sachs leads $5.5B loan to finance Thoma Bravo’s $12.4B acquisition of HR software provider Dayforce, marking the largest US leveraged buyout loan this year.

Hatcher Landscape + GreenView Partners: Walnut Grove-backed Hatcher Landscape Partners acquires GreenView, merging it with Michael Hatcher & Associates to expand Southeast footprint; GreenView CEO Darrin Hockstra becomes HLP COO.

Double Barrel Capital + Envoy Source: Houston PE firm makes first Memphis investment by majority recapitalizing 3PL provider Envoy Source; plans include expansion and move to larger facility.

Grant Thornton + Stax: Grant Thornton acquires global strategy consulting firm Stax from Blue Point Capital Partners, concluding partnership begun in 2021; New Mountain Capital supports acquisition.

Integral Consulting + Brownfield Science & Technology: Imperial Capital-backed Integral Consulting acquires BSTI to bolster environmental science and engineering capabilities, integrating expertise in remediation, compliance, and data analytics.

Ualett – $150M Debt Facility: Wilmington-based fintech for 1099 workers secures $150M from Thiele Capital to expand cash advances and financial services for gig economy workforce.

Beroe – $34M Funding: AI-powered procurement platform raises $34M led by consortium including Relativity Resilience Fund and Alchemy Long Term Ventures to accelerate product development and fund acquisitions.

Hedda – €1.5M Pre-Seed: Stockholm AI bid-writing startup raises €1.5M from Zenith, Antler, and WaveVentures to commercialize platform, expand engineering team, and enhance go-to-market strategy.

Orbio – $7.6M Funding: Spanish AI-native HCM platform raises $7.6M led by Visionaries Club to support international expansion and scale automated HR tools across six countries.

Superpanel – $5.3M Seed: AI legal intake platform raises $5.3M to automate client onboarding for law firms; round co-led by Outlander VC and Field Ventures.

BeeSpeaker – €2M Seed: Polish AI language-learning app raises €2M to expand into new markets and add languages; led by Movens Capital.

EdSights – Strategic Investment: AI student voice platform receives undisclosed growth funding from JMI Equity to improve student retention through personalized engagement and real-time insights.

RETURN TO TABLE OF CONTENTS

RelaDyne + Ocean State Oil: Cincinnati-based lubricant and fuel distributor RelaDyne, backed by American Industrial Partners, acquires Rhode Island’s Ocean State Oil to enter the state and expand Northeast market presence; combines regional expertise with RelaDyne’s product and service offerings.

Artisan Chef + Buitoni Food Company: Massachusetts-based Artisan Chef acquires Buitoni, adding ready-to-cook and refrigerated products to its artisan bread lineup; Briggs Management Partners served as financial advisor.

Handpickd – $15M Series A: India-based fresh produce delivery startup raises $15M led by Bertelsmann India Investments, with Titan Capital Winners Fund and existing backers; uses made-to-order model to source directly from farmers, ensuring freshness and reducing food waste.

KisanKonnect – $8M Pre-Series B: Farm-to-fork company raises $8M led by Bajaj Finserv Group to scale fresh produce supply chain in Mumbai and Pune; funds will enhance technology, expand farmer network, and grow digital and retail presence.

Burnt – $3.8M Seed: AI-powered food supply chain platform raises $3.8M led by Penny Jar Capital to automate operational tasks like order processing and increase efficiency; funds to expand platform and team.

ArkeaBio – $7M Series A+: Biotech startup develops vaccine to reduce livestock methane emissions; raises $7M co-led by Breakthrough Energy Ventures and AgriZeroNZ; Frank Wooten appointed CEO; funding supports progression to full field trials in 2026-2027.

Blackstone + Ancestry.com: Blackstone explores IPO or sale for genealogy platform Ancestry.com, acquired in 2020 for $4.7B; potential IPO could value the company around $10B. Platform has 3M+ subscribers and generates over $1B in annual revenue.

Nscale – $1.1B Series B: UK AI infrastructure platform raises $1.1B in Europe’s largest-ever funding round, led by Aker ASA with participation from Dell, NVIDIA, Fidelity, and others; capital to expand AI supercomputing projects in Europe, North America, and the Middle East, including Stargate Norway and UK with Microsoft and OpenAI.

QIA + Blue Owl – $3B Data Center Initiative: Qatar Investment Authority partners with Blue Owl Capital to launch $3B digital infrastructure platform, committing $1B in new equity to finance AI-focused data centers and support sector growth.

SOCAR + Italiana Petroli – €2.5B Deal: Azerbaijan’s state oil company SOCAR to acquire Italiana Petroli, Italy’s 4,500-station fuel network with two refineries, from the Brachetti Peretti family; enterprise value estimated at €2.5B ($2.95B). Intesa Sanpaolo advised SOCAR; UniCredit advised the seller.

SDIC – £500M-£700M Wind Asset Sale: China’s state-owned SDIC considers selling UK energy assets, including offshore and onshore wind farms like Afton, Beatrice, and Inch Cape; potential valuation between £500M ($667M) and £700M ($934M).

Vitesse + Spacetime Engineering: Trive Capital-backed aerospace firm Vitesse Systems acquires Spacetime Engineering to expand its multi-band ground antenna solutions for military and commercial satellite networks.

Humanetics + mg-sensor: Bridgepoint portfolio company Humanetics Europe merges with mg-sensor GmbH, combining crash test dummy expertise with specialized sensor tech to advance automotive safety technology development.

Handgards + Albany Packaging: Wynnchurch Capital-backed Handgards acquires Albany Packaging USA, enhancing its paper-based foodservice packaging offerings; Foley & Lardner advised.

Cleanwater1 + PureAir Filtration: Baird Capital portfolio company Cleanwater1 buys PureAir Filtration to strengthen gas-phase filtration solutions for water and wastewater systems; PureAir president Ashley Jameson remains in her role.

Jiutian Ruixin Raises CNY 100M: Shenzhen-based AI chip developer Jiutian Ruixin secured over CNY 100M ($14M) in Series B funding led by Yuanhe Puhua, with multiple investors. Funds will accelerate next-gen ultra-low power and brain-like computation chip development and market expansion.

Amplio Secures $11.1M: SF- and Atlanta-based AI company Amplio raised $11.1M Series A led by Hitachi Ventures and Yamaha Motor Ventures to expand agentic AI systems for enterprise manufacturing surplus and scale go-to-market operations.

Simple Energy Raises $10M Bridge Round: Indian EV startup Simple Energy closed a $10M all-equity bridge round led by Dr. Arokiaswamy Velumani, expanding retail/service footprint and R&D. Preparing for a $350M IPO in 2027.

enaDyne Nets €7M: German clean-tech company enaDyne raised €7M ($8.2M) to develop plasma reactors converting CO₂ into chemicals, build a modular pilot plant, and advance PFAS abatement products.

BeeX Launches SGD 10M Round: Singapore-based AI underwater drone company BeeX secured SGD 10M ($7.76M) Series A led by ShipFocus Ventures to expand globally; its HAUVs support subsea inspection in renewables, defense, and oil & gas sectors.

FREDsense Bags $7M: Canadian water tech startup FREDsense raised $7M Series A led by HG Ventures to scale production and support for PFAS detection systems.

Cosmoserve Raises $3.17M: Hyderabad-based space startup Cosmoserve secured $3.17M pre-seed to develop orbital debris mitigation technology and expand its team.

Akashalabdhi Raises $1.2M: Bengaluru-based space tech startup Akashalabdhi raised $1.2M pre-seed to develop expandable space habitats and dual-use defense technologies, focusing on its flagship ANTARIKSHAB project.

Infinity Commercial, Siguler Guff Launch CRE Lending Platform: Infinity Commercial Lending and private markets firm Siguler Guff formed a joint venture to originate and securitize five-year fixed-rate commercial real estate loans nationwide, covering multifamily, retail, and industrial assets. Infinity manages operations; Siguler Guff provides capital and investor access.

Kaisa Group Completes $16B Restructuring: An ad hoc noteholder group, advised by Kirkland & Ellis, restructured over $16B in offshore debt for Chinese property developer Kaisa Group, swapping existing liabilities for new notes and mandatory convertibles to stabilize the company.

Boston Capital Secures $156.6M Fannie Mae Financing: Boston Capital arranged $156.6M in Fannie Mae financing for five multifamily communities across the Southeast and Texas, totaling 1,351 units, with Walker & Dunlop as arranger.

South Carolina Office/Industrial Park Sells for $48M: Accordia Real Estate acquired Remount I & II in North Charleston, SC, from Accesso Partners and Partners Group. The two-building, dual-flex park is 90% leased to seven tenants; CBRE and Newmark represented the sellers.

Albany Road Expands in Florida With $17.6M Office Purchase: Albany Road Real Estate Partners acquired Park at Bay Plaza office campus in Tampa, FL, from Tavaco Properties for $17.6M, with Marcus & Millichap and IPA advising.

SmartStop to Acquire APSM: SmartStop Self Storage REIT will acquire Argus Professional Storage Management, boosting its portfolio to over 460 properties. BMO Capital Markets advised SmartStop; Nelson Mullins and Fennemore Craig provided legal counsel.

Oyo Hotels Operator Eyes Mumbai IPO: Oravel Stays, Oyo Hotels’ parent company, is planning a 2026 Mumbai IPO targeting $800M, potentially valuing the SoftBank-backed firm at $7B–$8B. Banks in discussions include Axis Bank, ICICI Securities, Goldman Sachs, and Citigroup.

GK Properties, Signature Real Estate Merge in Nevada: Southern Nevada brokerages GK Properties and Signature Real Estate are merging, creating a combined entity with over $10B in closed home sales to offer greater market stability and agent support.

FPA Acquires Rhode Island Apartment Complex: FPA Multifamily purchased the 240-unit Residences at Brentwood in North Providence, RI, from Taymil Partners. The property features one- and two-bedroom units, pools, a fitness center, and clubhouse.

Spire Ventures Exits 90 North Real Estate Partners: Spire Ventures exited its stake in 90 North Real Estate Partners, returning capital to members and shifting focus to new real estate credit and service platforms, including investments in ÆRA Capital and Hertford Birch Limited.