Startups Raise Over $636M, Investors Raise $1B for New Funds, and $12B in M&A
November 13, 2023's biggest news in the private markets.
Databricks, a data and AI startup, raised an undisclosed amount in a Series I at a $43B valuation led by Amazon Web Services, CapitalG, and Microsoft.
Firefly Aerospace, an end-to-end space transportation company, raised $300M in funding at a $1.5B valuation led by AE Industrial Partners.
Technique Solaire, a French solar energy distributor, raised a $213.7M funding round from Bpifrance and Crédit Agricole.
Roller, a Melbourne-based provider of cloud-based venue management software, raised $50M in growth funding led by Insight Partners.
Virtual cardiometabolic care services startup Vida Health raised a $28.5M round led by General Atlantic, Ally Bridge, and more.
DeepInfra, a startup providing a scalable infrastructure for running AI models through an API, raised an $8M seed round led by A.Capital and Felicis Ventures.
Ridepanda, a provider of a micro-mobility-as-a-benefit platform, raised $7.5M in debt and equity led by Blackhorn Ventures and Yamaha Motor Ventures.
Surglasses, a Taiwan-based company advancing AR-augmented reality surgical navigation systems, raised a $6.5M pre-Series A round led by Taiwania Capital.
Singapore-based fintech startup EduFi raised a $6.1M pre-seed round led by Zayn VC.
PostgresML, a startup allowing developers to prototype and deploy AI applications on PostgreSQL, raised a $4.7M seed round led by Amplify Partners.
Octarine Bio, a Copenhagen-based synthetic biology platform company, raised $4.6M in funding led by Óskare Capital, Unconventional Ventures, and The Footprint Firm.
LiveKid, a provider of a management application for kindergartens and nurseries, raised $3.4M in funding led by Inovo VC.
AI-powered wealth management platform Era raised a $3.1M seed round led by Northzone.
Singapore firm Everstone Capital Asia is seeking to raise $1B for its latest PE fund, which will invest in Southeast Asia and India.
Hungary is working with French infrastructure giant Vinci in a plan to purchase Budapest Airport; an earlier acquisition attempt valued the airport at $4.7B.
AstraZeneca paid $185M upfront and up to an additional $1.8B to license an anti-obesity experimental pill from China's Eccogene.
Japanese state-backed fund INCJ sold almost all of its stake in semiconductor manufacturer Renesas Electronics worth $1.8B.
Private healthcare operator Columbia Asia Healthcare will acquire Ramsay Sime Darby Health Care from Australia’s Ramsay Health Care and Malaysian conglomerate Sime Darby for $1.2B.
German state-lender KfW acquired a 25% stake in local utility EnBW's TransnetBW for ~$1.1B.
Walgreens Boots Alliance cut its stake in Cencora through a share sale worth ~$674M; it now owns a 15% stake in the drug wholesale company.
Lombard Investments is considering selling a stake in Hasfarm Holdings in a deal that could value the floricultural firm at ~$600M, including debt.
Swedish truckmaker Volvo won an auction for the battery business of troubled Proterra in the United States for $210M.
TotalEnergies is nearing a deal to buy a fleet of natural gas-fired power plants in Texas from independent power producer TexGen Power.
Bohai Leasing, a listed arm of failed Chinese conglomerate HNA Group, is studying potential asset sales, including a 70% stake in Avolon, the world’s fourth-largest plane lessor, after struggling to refinance some of its debt.
Societe Generale is exploring a sale of its German consumer finance business Hanseatic Bank.
Mining company Vale will sell a 14% stake in its Indonesian nickel miner Vale Indonesia.
Sydell Group is exploring a sale of its NoMad Hotels brand and is gauging potential interest from buyers including Hilton Worldwide Holdings and other major operators.