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Elon Musk’s X secures nearly $1bn in equity at $32bn valuation

Private Equity Insights

The original $44bn buyout of Twitter, later rebranded as X, included at least $12.5bn in debt. SpaceX recently completed a tender offer that valued the company at $350bn, while his AI startup, xAI, is reportedly seeking fresh funding at a potential $75bn valuation. Musk has a history of raising private capital for his ventures.

Buyout 147
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Amazon Spends $2.75bn on AI Startup Anthropic in its Largest Venture Investment 

Private Equity Insights

Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in the new technology arms race. billion backing Anthropic , a San Francisco-based startup that’s widely viewed as a front-runner in generative artificial intelligence. It would spend another $2.75 billion check.

Startups 130
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Node.vc eyes the Nordics’ most disruptive startups with €71m fund close

AltAssets

has raised a €71m fund targeting the region's most disruptive startups. eyes the Nordics’ most disruptive startups with €71m fund close appeared first on AltAssets Private Equity News. Nordic early-stage investor Node.VC The post Node.vc

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Menlo Ventures continues AI startup push with new $100m fund

AltAssets

Veteran VC investor Menlo Ventures has continued its thrust into AI investment via a new $100m fund launched in partnership with $18.4bn-valued AI startup Anthropic. The post Menlo Ventures continues AI startup push with new $100m fund first appeared on AltAssets Private Equity News.

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Deal Roundup: Anthropic said to near $60bn valuation, Apollo and BC seal $8bn GFL Environmental Services buy

AltAssets

AI startup Anthropic is reportedly closing in on a new $2bn funding round led by Lightspeed Venture Partners, which would value the business at about $60bn. The post Deal Roundup: Anthropic said to near $60bn valuation, Apollo and BC seal $8bn GFL Environmental Services buy appeared first on AltAssets Private Equity News.

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Indian agri-startup investor Omnivore strikes $150m Fund III first close

AltAssets

Indian agtech investor Omnivore has hit a $150m first close for its third fund, which is targeting startups developing breakthrough technologies for agriculture, food, climate and the rural economy. The post Indian agri-startup investor Omnivore strikes $150m Fund III first close first appeared on AltAssets Private Equity News.

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Former SpaceX exec closes €170m fund targeting space-based connectivity, data startups

AltAssets

The post Former SpaceX exec closes €170m fund targeting space-based connectivity, data startups first appeared on AltAssets Private Equity News. Alpine Space Ventures, a German early-stage investor co-founded by former SpaceX exec Bulent Altan, has raised €170m to close its debut fund.