Spike in AI deals and exits for corporate investors
Corporate investors have been part of $3bn worth of AI deals so far this year, with June particularly strong. There has also been a uptick in exits.
CVC investing declines 57% in value during Q3
The value of corporate-backed deals slumped in the third quarter, but sectors like energy and telecoms bucked the trend as did a few geographies like Israel.
Porsche's IPO follows CVC activity
In the run-up to the float, Porche's investment arm had invested in 18 companies, from hypercars to EV batteries and even bikes.
The Standout Six: The deals you need to know about this week
Healthcare companies may be driving a public markets recovery while Lunar Energy, helmed by Tesla's former head of energy, has emerged from stealth with $300m.
Deezer agrees $1.1bn reverse merger
The audio streaming service is set to list with help from a PIPE deal featuring Orange, Access Industries, Warner Music, UMG and Media Participations.
Bolt ties on $1.5bn Wyre purchase
Kraken, OK Group, 9fBank and Baofoo are in line to exit Wyre, with its cryptocurrency infrastructure technology to strengthen Bolt's one-click checkout offering.
Fast hits the wall
The Stripe-backed rapid checkout tool developer was valued at $1bn early last year but is closing its doors after failing to raise more cash.