Deal Round-Up

Inflection AI has amassed a staggering $1.3 billion. With this infusion of capital, its total funding soared past $1.5bn, placing the company's valuation at $4bn.

SoftBank's cut-price purchase of the warehouse automation specialist adds to a string of losses, but companies like Berkshire Grey could point to a way forward.

Siemens, Docomo and Nvidia chipped into Skydio’s $230m series E round while Yuexiu and Xiamen C&D helped lift Immorna’s series A to $115m.

State Power Investment Corporation spinoff State Fuel Cell Technology Corporation raised $648m while Mercedes Benz spinoff RepairSmith is being bought for $190m.

Several corporates took part in SonoThera’s $60.8m series A round while NEC closed its Orchestrating Future Fund at $140m.

Qualcomm Ventures led a $100m round for Frore while MUFG Bank and Motilal Oswal Group participated in KreditBee’s $80m series D.

NCSoft invested $15m in Mysten Labs to take the latter’s series B round to $300m while Porsche backed Xanadu’s $100m series C.