Illustration: Sarah Grillo/Axios
Venture Capital
• Thinking Machines Labs, the AI company founded by Mira Murati, is reportedly looking to raise $2b, per Business Insider. Go deeper
• ConductorAI, a Biddeford, Maine-based provider of government approvals software, raised $15m in Series A funding. Lux Capital led, joined by Altman Capital, Haystack Ventures, Sunflower Capital, Humba Ventures, Also Capital, Forward Deployed VC, and Abstract Ventures. Go deeper
• Klara, a Paris-based maker of digital tools for frontline employees, raised €10m led by Endeit Capital. Go deeper
Private Equity
🌎 Apollo (NYSE: APO) committed up to $400m to a joint venture with commercial solar company Summit Ridge Energy. Go deeper
🚑 Havencrest Capital Management acquired Home Care Angels and Private Duty Home Healthcare, providers of at-home personal care services in Illinois and Michigan, respectively. Go deeper
M&A
• Salzgitter, a German steelmaker, ended takeover talks with a consortium of GP Günter Papenburg and TSR Recycling. Go deeper
Public Listings
• Shein, the Chinese fast-fashion brand, has won approval from the U.K.'s Financial Conduct Authority for an IPO, per Reuters. Go deeper
