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Hello reader,
I recently started a new hobby: collecting basketball cards.
I’m really not sure why I felt the urge to do so. I joke with my friends that this might be my version of a midlife crisis response, but I’m having a great time so far. I’ve gotten some relatively valuable cards (or “hits” in the hobby’s parlance) such as autographed ones or those of up-and-coming rookies.
This adds another hobby to a growing list. I still have a ton of books, shows, and games to get to. But I think it’s a good problem to have, and it’s nice to feel childlike enthusiasm about something, which is hard to experience nowadays as a Responsible Member of SocietyTM.
This variety is also present in today’s list of companies that received funding or were involved in M&As. AI-backed financial solutions, spacetech, and DIY meal kits, among others, are all represented.
Let’s hope we can all always find new things to get excited about. Have a good weekend, folks.
Image credit: Timmy Loen
You can find all other important investment deals that happened over the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by country
🇸🇬 Advance Intelligence Group, a Singapore-based company that offers AI-backed financial products and services, closed a US$80 million series E round. The investors were Northstar Group and Warburg Pincus.
🇨🇳 CAS Space Exploration is a Chinese aerospace technology and spacecraft developer. It secured US$73.5 million in series C funding from Guangzhou Industrial Investment and Capital Operation Holding Group.
M&As
Startups that are raising funds
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