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Multistate operator Vireo Growth Inc. signed a definitive agreement to acquire multistate operator FLUENT Corp. in an all-stock transaction.

The extension totals $60 million and adds three household names in automotive computing to a shareholder register that already spans cloud infrastructure, mobility platforms and global manufacturers.

Spirit AI, a Beijing robotics startup, raised nearly 2 billion yuan ($290M), valuing it above 10 billion yuan.

San Diego-based CP Group (CPG), a provider of recycling and sorting equipment, has acquired a majority stake in Recycleye, a London‑based provider of waste and recycling technologies.

Proceeds will be used to refinance the company’s existing credit facilities alongside a concurrent $275 million equity contribution from the sponsor.

Spread the love In a remarkable development for the tech startup landscape, Fractile, a London-based AI chip manufacturer, is in the process of negotiating a substantial $200 million funding round that could propel its valuation to an impressive $1 billion, marking its entry into the coveted unicorn club.

Signal AI, a reputation and risk intelligence company, has acquired PR measurement platform Memo.

Nscale, a London, United Kingdom-based provider of vertically integrated AI infrastructure, acquired American Intelligence & Power Corporation, a Mason County, West Virginia-based developer of the Monarch Compute Campus and state-certified AI microgrids.

Brookfield Asset Management has acquired Ori Industries, a UK-based distributed AI cloud provider, merging it into Radiant, a newly formed vertically integrated AI infrastructure company.

Mr. Mrkšić picked Georgian over a big Silicon Valley VC firm to lead a US$40-million financing in 2022.