Exits & IPOs Breaking
CXMT’s $8.6B IPO Rockets to 466% Surge, Crowning China’s Most Valuable Listed Company
CXMT’s IPO raised $8.6 billion at 8.66 yuan per share, with shares surging 466% on debut, making it China’s highest valued listed firm and signaling strong investor appetite in the chip sector.
By VentureGrill 2 min read
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Index Ventures Secures $2 Billion to Fuel Early and Growth-Stage Bets
Index Ventures has raised $2 billion across three new funds, boosting its total investable capital to $3.5 billion amid a challenging fundraising environment for venture firms.
VentureGrill 2 min read
Activist Jana Partners Intensifies Pressure for Alkami Technology Sale
Activist investor Jana Partners is escalating its campaign for a sale of fintech firm Alkami Technology, alleging the company's board is not conducting a genuine sale process.
VentureGrill 2 min read
Okta Acquires AI Security Startup Permiso in $200 Million Deal
Okta has acquired AI security startup Permiso for an estimated $200 million, bolstering its identity threat detection capabilities amid rising demand for securing AI agents and non-human identities.
VentureGrill 2 min read
Section
Venture Capital
Index Ventures Secures $2 Billion to Fuel Early and Growth-Stage Bets
Index Ventures has raised $2 billion across three new funds, boosting its total investable capital to $3.5 billion amid a challenging fundraising environment for venture firms.
VentureGrill 2 min read
Ryan Williams Secures $10M Seed for Ellis AI to Target Private Credit
Repeat founder Ryan Williams has emerged from stealth with a $10 million seed round for Ellis AI, aiming to sell specialized artificial intelligence tools to the rapidly expanding private credit market.
VentureGrill 2 min read
Section
Funding Rounds
Groundcover Raises $100M to Keep AI Agent Observability Inside the Cloud
Observability startup groundcover has raised $100 million in a funding round led by One Peak, betting that enterprises want to monitor AI agents without letting sensitive telemetry data leave their own cloud environments.
VentureGrill 2 min read
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