Illustration: Lazaro Gamio/Axios
Venture Capital
• Crypto.com, a Singapore-based cryptocurrency exchange, said Citadel Securities made a $400m investment in the company at a $20b valuation. Go deeper
• Alpaca, an embedded trading startup, raised $135m in extended Series D funding. Peak XV led. Elefund, Opera Tech Ventures, and Unbound joined. Go deeper
• Gauntlet Networks, a NYC-based DeFi-risk management and crypto vault company, raised $125m in Series C funding led by SBI Holdings USA. Go deeper
• American Growth Insurance, an Atlanta-based AI insurance brokerage roll-up business, raised $70m. Atomic and Rockbridge Growth Equity led. Go deeper
• Fora, an NYC-based travel booking platform, raised $60m in Series D funding at a $1b valuation. Forerunner and Tactile Ventures led, joined by Thrive Capital, Insight Partners, Heartcore Capital. PLUS Capital, Amy Schumer, BlackPines Capital Partners, and Tribeca Venture Partners. foratravel.com
• Moneybox, a U.K.-based wealthtech, is being valued at $1.1b in a secondary sale that will raise £45m for employees. Go deeper
• Cyclops, a Miami-based stablecoin infrastructure company, raised a $20m Series A led by Nava Ventures. Castle Island Ventures, Coinbase Ventures, Circle, Lasagna Ventures and Global PayTech Ventures joined. cyclops.io
• Keyper, a UAE-based proptech, raised $11m in Series A funding round led by Speedinvest, joined by NeoVentures (Mashreq's venture fund), Middle East Venture Partners, Dubai Future District Fund, Property Finder, Arab National Bank, Ellington Properties Development LLC, Dar Ventures and Abbey Road Investment Group. Go deeper
• Float, a Stockholm-based financing platform for tech SMEs, raised €4.5m in Series A funding led by CHAPTERS Group AG. floatfinance.com
• EverSettled, an estate settlement company, raised $5m in seed funding led by Emergence Capital, with participation from Seedcamp, Bridge Ventures, Alumni Ventures, Entrepreneurs First and Transpose Platform. Go deeper
• Guthrie AI, a Philadelphia-based construction bidding platform, raised a $4m in seed funding led by Chicago Ventures. Go deeper
• Finto, a Munich, Germany-based developer of AI accounting agents, raised $3.4m in seed funding. Y Combinator, Gradient, and Lightspeed Venture Partners. Go deeper
Private Equity
• F2 Strategy, backed by Renovus Capital Partners, acquired Intelligo Partners, a Toronto-based wealth and asset management consultancy. Go deeper
Public Offerings
• Churchill Capital XIII, a blank check company from former Citi executive Michael Klein, filed to raise $300m. Go deeper
Liquidity Events
• AngelList acquired Ark PES, a Boston-based fund management software platform backed by Vitruvian Partners. Go deeper
• Harvey acquired Benchmark, a New York-based asset management decision platform backed by Y Combinator. Go deeper
Fundraising
• Citation Capital, a Dallas-based private equity firm, raised $1.2b for its debut fund. citation.capital
• Decimal Capital, the venture fund launched by Ashton Kutcher and Morgan Beller, is seeking $500m. Go deeper
• Uplift Investors closed its inaugural fund with $670m. Go deeper
It's Personnel
• Founders Fund named Ryan Beiermeister as a partner. Go deeper
• Ken Lau joined Left Lane as an investor. He was previously at Red Sea Ventures. Go deeper
• Moelis & Company appointed Justin Polselli as a managing director focused on debt capital markets. Go deeper
