Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

Rivian Spinoff Mind Robotics Raises $400 Million, Valued at $3.4 Billion

Mind Robotics, a spinoff from Rivian, has raised $400 million in a new funding round led by Kleiner Perkins, bringing its valuation to $3.4 billion and total capital raised to more than $1 billion.

May 13, 2026

H.I.G. Capital Portfolio Company Avanta Salud to Acquire Vitaly Group

H.I.G. Capital announced that its portfolio company Avanta Salud has signed an agreement to acquire Vitaly Group, combining two major occupational health and safety providers in Iberia.

May 13, 2026

Vector Raises $10 Million Series A for AI Advertising Platform for B2B Marketers

Vector has raised $10 million in Series A funding led by SignalFire and HubSpot Ventures to develop its AI advertising automation platform and launch Vector MCP, an interface that connects ad performance data to large language models.

May 13, 2026

UFOFLEET Acquires FleetMaster from Cox Automotive

UFOFLEET, part of UFODRIVE Group, has acquired FleetMaster from Cox Automotive to expand its intelligent fleet and mobility platform across global markets.

May 13, 2026

BranchLab Raises $26 Million Series A Led by McKesson Ventures

BranchLab has secured $26 million in Series A funding led by McKesson Ventures, with participation from FCA Venture Partners, Sanofi Ventures, and AIX Ventures, to expand its AI platform for pharmaceutical commercialization.

May 13, 2026

Coupa Acquires Rossum to Expand AI Document Processing Across Spend Management Platform

Coupa has acquired Rossum, an AI-first intelligent document processing company, to extend document automation and autonomous capabilities across its spend management platform.

May 12, 2026

Bounteous Acquires Cartesian to Strengthen Data and AI Capabilities

Bounteous has acquired Cartesian, a consulting firm specializing in telecommunications, media, and technology, to enhance its data and analytics capabilities across North America and Europe.

May 12, 2026

Havoc Raises $100 Million to Expand All Domain Collaborative Autonomy

Havoc has raised $100 million in a Series A round led by new and existing investors to accelerate deployment of its all domain collaborative autonomy systems across sea, air, and land.

May 12, 2026

Snowhawk Closes $1.3 Billion Digital Infrastructure Fund

Snowhawk has completed the final close of its first digital infrastructure fund, securing approximately $1.3 billion in commitments to invest in North American businesses supporting cloud computing, AI, and connectivity.

May 12, 2026

EquiLend Acquires Finadium to Expand Securities Finance Research and Consulting

EquiLend has acquired Finadium, a research and consultancy firm in securities finance and capital markets. Finadium will operate as an independent subsidiary under current leadership, maintaining editorial independence while expanding its services.

May 12, 2026

Coworked Raises $1.8 Million for Agentic AI Project Manager Harmony

Coworked, an enterprise AI startup, has raised $1.8 million in a funding round co-led by Open Opportunity Fund and Two Ravens to advance its agentic AI project manager, Harmony, which automates coordination and administrative tasks for enterprise teams.

May 12, 2026

SAP Invests in n8n and Plans Integration into Joule Studio

SAP has made a strategic investment in n8n, doubling the Berlin-based AI orchestration platform's valuation to $5.2 billion and announcing plans to embed it into Joule Studio within the SAP Business AI Platform.

May 12, 2026

Top Down Ventures Closes $28 Million Founders Fund I for MSP AI Startups

Top Down Ventures has closed its Founders Fund I at $28 million, exceeding its original $25 million target. The fund focuses on early-stage software and AI companies in the Managed Service Provider market and has already seen its first exit with zofiQ acquired by ConnectWise.

May 12, 2026

Robinhood Files Confidential Registration for Second Venture Fund

Robinhood has confidentially submitted a draft registration statement with the SEC for its second venture fund, RVII, which will invest in early and growth stage private companies. The company has not yet determined the size or number of shares for the offering.

May 12, 2026

Nscale Secures $790 Million to Expand AI Data Center in Norway

Nscale has obtained $790 million in financing from a group of Nordic and European banks to support the expansion of its AI data center in Narvik, Norway. The deal includes an option for an additional $790 million to fund a further 115 MW of capacity.

May 12, 2026

MoonPay Acquires Dawn Labs and Launches AI Trading Tool Dawn CLI

MoonPay has acquired Dawn Labs and introduced Dawn CLI, an AI tool that allows users to create and execute trading strategies from natural language input. The acquisition brings Dawn Labs founder Neeraj Prasad to MoonPay as Chief Engineer of MoonPay Labs.

May 11, 2026

Plug and Play Makes First Investments in Albanian Startups

Plug and Play has made its first direct investments in Albania, backing six startups in the country's emerging technology ecosystem.

May 11, 2026

Driive Raises Pre-Seed Funding to Expand AI Booking Platform for Home Services

Lincoln-based Driive has secured pre-seed funding from Nebraska Angels, Nelnet, Move Venture Capital, and CompanyCam founder Luke Hansen to grow Dot, its AI booking agent for home service contractors.

May 11, 2026

University of Michigan’s $20 Million Stake in OpenAI Now Valued at $2 Billion

Court documents from the Musk v. Altman trial revealed that the University of Michigan’s early $20 million investment in OpenAI has grown to a valuation of about $2 billion, predating Microsoft’s involvement and ChatGPT’s release.

May 10, 2026

Nvidia Commits $40 Billion to AI Equity Investments in 2026

Nvidia has committed more than $40 billion to equity investments in AI companies during the first months of 2026, including a $30 billion stake in OpenAI and multi-billion dollar deals with Corning and IREN, according to CNBC.

May 10, 2026

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