Sources: Bain Capital seeks to sell a stake of 40%+ in Bridge Data Centres in a deal that would value the Singapore-based data infrastructure builder at $5B
U.S. investment firm Bain Capital is seeking to sell a stake of at least 40% in Bridge Data Centres (BDC) in a deal that would value …
Sources: OpenAI is in advanced talks with PE firms including TPG and Advent to form a JV that would distribute its enterprise tools to their portfolio companies
OpenAI is in advanced talks with private equity firms including TPG (TPG.O), Advent International, Bain Capital and Brookfield Asset Management …
Brain-computer interface startup Merge Labs, which Sam Altman co-founded, raised a $252M seed from OpenAI, Bain Capital, Gabe Newell, and others
Brain-computer interface startup Merge Labs, which Sam Altman co-founded, raised a $252M seed from OpenAI, Bain Capital, Gabe Newell, and others
Merge Labs, a company co-founded by AI billionaire Sam Altman that is building devices to connect human brains to computers, raised $252 million.
Defense Unicorns, which provides open-source air-gapped software to the US DOD, raised a $136M Series B led by Bain Capital, taking its total valuation to $1B+
Japanese memory chipmaker Kioxia's stock falls 14%+ after a Bain Capital-backed entity sold $2.1B worth of shares at a discount, stoking AI valuation concerns
Bloomberg :
Govini, a Palantir competitor whose AI software Ark helps militaries manage product lifecycles, raised $150M from Bain Capital and says it hit $100M in ARR
Samantha Subin / CNBC :
Meanwhile, a Bermuda-regulated bitcoin life insurance provider, raised $82M from Apollo, Bain Capital, Haun Ventures, and others, after a $40M Series A in April
Muyao Shen / Bloomberg :
Bain Capital agrees to sell its data centers in China to a consortium led by Shanghai-listed Shenzhen Dongyangguang in a ~$4B deal
Bloomberg :
Source: Pylon, which uses AI to automate B2B customer service, raised $31M led by a16z and Bain Capital at a valuation in the hundreds of millions of dollars
Stephanie Palazzolo / The Information : X: @steph_palazzolo X: Stephanie Palazzolo / @steph_palazzolo : Pylon, a self-described “Zendesk-killer,” has raised $31M from A16Z and BCV at a valuation in t...