Funding, Mergers & Acquisitions

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

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

Rokid Raises $2.58 Million in Record Japan Crowdfunding for AI Glasses

Rokid has raised over $2.58 million from more than 5,000 backers on Japan's Makuake crowdfunding platform for its Rokid Glasses, marking the most successful AI glasses campaign in the platform's history. The company is now expanding into Europe and Southeast Asia.

May 08, 2026

Basata Raises $21 Million Series A to Expand AI Healthcare Operations Platform

Basata has raised $21 million in Series A funding led by Basis Set Ventures to scale its AI platform that automates administrative processes in U.S. healthcare practices.

May 08, 2026

Enter Raises $100 Million Series B, Becomes Latin America's First AI Unicorn

Brazil-based legal AI company Enter has raised over $100 million in a Series B round led by Founders Fund, reaching a valuation of $1.2 billion and becoming Latin America's first AI unicorn.

May 08, 2026

Phoenix Tailings Acquires Machinery Partner to Expand AI in Rare Earth Manufacturing

Phoenix Tailings has acquired Boston-based Machinery Partner to integrate AI, automation, and digital infrastructure into its rare earth processing operations, enhancing production efficiency and data-driven manufacturing.

May 08, 2026

Robotera Raises Over 200 Million Dollars Led by SF Group

Robotera has secured more than 200 million dollars in new financing led by SF Group, with participation from HSG, IDG Capital, and other major investors. The company plans to expand the deployment of its humanoid robotics systems across logistics, automotive, and electronics industries.

May 08, 2026

Robo.ai to Acquire Neurovia for $100 Million to Build Physical AI Data Infrastructure

Robo.ai has agreed to acquire Neurovia AI Limited for $100 million in an all-stock deal aimed at advancing data infrastructure for physical AI applications, including autonomous vehicles and smart cities.

May 08, 2026

Wisdom Ventures Closes $77.7 Million Fund II for AI and Wellbeing Startups

Wisdom Ventures has closed its $77.7 million Fund II to invest in early-stage startups using AI to enhance human resilience and wellbeing. The fund follows the firm’s $10 million Fund I and will support around 40 companies with investments between $1 million and $5 million.

May 08, 2026

China-Backed Investors Value DeepSeek at Up to $50 Billion

Chinese AI startup DeepSeek is raising its first external funding round, with government-backed investors valuing the company at up to $50 billion, according to the Wall Street Journal.

May 07, 2026

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