Funding, Mergers & Acquisitions

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

OpenAI Prepares Confidential IPO Filing with Goldman Sachs and Morgan Stanley

OpenAI is preparing to file confidentially for an initial public offering in the coming weeks, working with Goldman Sachs and Morgan Stanley, according to The New York Times. The ChatGPT maker could go public as soon as September, following a recent court victory over Elon Musk.

May 21, 2026

Mistral AI Acquires Emmi AI to Expand Industrial Engineering Capabilities

Mistral AI has acquired Austrian startup Emmi AI to strengthen its industrial engineering portfolio and establish a new office in Linz, Austria. The deal integrates Emmi’s physics-based AI models with Mistral’s platform, enhancing simulation and manufacturing capabilities across Europe.

May 21, 2026

Hexaware to Acquire Consulting Professionals Services to Expand AI and Cloud Consulting

Hexaware Technologies has announced an agreement to acquire Consulting Professionals Services Holdings, a UK and UAE based consulting firm, to strengthen its AI and cloud transformation capabilities and deepen its relationship with a major FTSE 100 client.

May 21, 2026

Novity Receives Strategic Investment from Acario Innovation

Novity has received a strategic investment from Acario Innovation, the venture capital arm of Tokyo Gas, to expand its TruPrognostics AI platform for predictive maintenance across process industries.

May 21, 2026

Procurement Sciences Acquires HigherGov to Expand AI Government Contracting Platform

Procurement Sciences, developer of Awarded AI, has acquired HigherGov to combine AI workflow automation with extensive government contracting data. The unified system will serve over 3,000 contractors and integrate HigherGov intelligence into Awarded AI workflows.

May 21, 2026

Unframe Raises $50 Million to Expand Enterprise AI Platform

Unframe has secured $50 million in new funding led by Highland Europe, bringing its total funding to $100 million. The company reported reaching $100 million in total contract value and 400% net revenue retention as it expands its tailored AI solutions for enterprises.

May 20, 2026

RemotePass Raises $17.4 Million Series B to Expand HR and Fintech Platform

RemotePass has secured $17.4 million in Series B funding led by EBRD Venture Capital, with participation from 500 Global and other investors. The company plans to expand across Europe and the US, invest in financial infrastructure for distributed teams, and accelerate its AI roadmap.

May 20, 2026

Ocean Raises $28 Million to Launch AI Email Security Platform

Ocean has emerged from stealth with $28 million in funding to launch an AI-based email security platform that investigates messages for malicious intent. The round was led by Lightspeed Venture Partners with participation from Picture Capital and Cerca Partners.

May 20, 2026

Century Health Raises $5 Million Seed Round to Expand AI Clinical Data Platform

Century Health has raised $5 million in an oversubscribed seed round led by Origin Ventures to expand its AI platform CHARM, which automates the curation of clinical data with 97 percent accuracy.

May 19, 2026

Vi Introduces AI Agent Suite for Healthcare and Closes $145 Million Transaction

Vi has released a suite of AI agents for healthcare, life sciences, and wellness enterprises, integrated across its Activate, Engage, and Operate platforms. The company also completed a $145 million transaction, valuing it at $1.64 billion.

May 19, 2026

Checker Raises $8 Million to Expand Unified Stablecoin Infrastructure for Institutions

Checker has raised $8 million in funding from Galaxy Ventures, Al Mada Ventures, and Framework Ventures to expand its unified digital asset and stablecoin infrastructure for financial institutions. The company plans to enhance global payments coverage and introduce AI-powered treasury tools.

May 19, 2026

Analog Devices to Acquire Empower Semiconductor for $1.5 Billion

Analog Devices has agreed to acquire Empower Semiconductor in an all-cash deal valued at $1.5 billion, aiming to expand its high-density power management portfolio for AI and compute applications.

May 19, 2026

BIG Fiber Secures $250 Million Financing to Expand Dark Fiber Network

BIG Fiber has closed a $250 million debt facility led by Stonepeak Credit and La Caisse, with an additional $100 million accordion feature, to support expansion of its dark fiber infrastructure across key U.S. markets.

May 19, 2026

Anthropic Acquires Stainless to Strengthen Developer Infrastructure

Anthropic has acquired Stainless, a developer tools startup known for generating SDKs used by companies like OpenAI and Google. The deal will make Stainless technology exclusive to Anthropic, which plans to integrate it more deeply into its Claude platform.

May 19, 2026

Tomorrow.io Expands Series F Funding to $210 Million

Tomorrow.io has raised an additional $35 million from Pitango and Harel Insurance, increasing its Series F round to $210 million. The funds will support the company's AI weather intelligence and space-based observation network.

May 19, 2026

AEON Raises $8 Million to Build Settlement Layer for AI Economy

AEON has secured $8 million in pre-seed funding led by YZi Labs, with participation from IDG Capital, HashKey Capital, and others, to advance its settlement infrastructure for AI-driven transactions and global merchant payments.

May 19, 2026

FortyAU Acquires Ronin Consulting to Expand AI and Data Capabilities

FortyAU has acquired Ronin Consulting to strengthen its AI and data engineering capabilities across healthcare, financial services, and defense sectors. Both Nashville-based firms will combine their digital engineering practices to serve clients in regulated industries.

May 19, 2026

EQT Chosen to Manage €5 Billion Scaleup Europe Fund Backed by EU

The European Commission and investors across Europe have selected EQT as the preferred investment adviser and fund manager for the €5 billion Scaleup Europe Fund, aimed at supporting technology scaleups in sectors such as AI, quantum computing, and biotech.

May 19, 2026

Vortex Imaging Raises $12 Million to Advance Computational Ultrasound System

Vortex Imaging has closed a $12 million funding round to support development and regulatory clearance of its computational ultrasound system, while expanding its board with experienced medtech leaders.

May 19, 2026

Sprouts.ai Raises $9 Million Pre-Series A Led by True Global Ventures and Accel

Sprouts.ai has secured $9 million in pre-Series A funding led by True Global Ventures and Accel, bringing its total raised to $14 million. The Palo Alto-based startup builds AI-powered Revenue Agents integrated with enterprise systems like Salesforce and Microsoft Dynamics.

May 16, 2026

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