글로벌 인사이트: Standard Capital

VC DEALS Corgi, a San Francisco-based startup that provides insurance tech along with operating two 24-hour coffee shops, raised a second extension of its Series B at a $4 billion valuation, Forbes reported. Fly.io, a developer of infrastructure for AI agents developing software, secured a $25 million Series A led by Dell Technologies Capital and Intel Capital. Magnendo, which develops a magnetic robotic navigation system for vascular procedures, raised an $18 million Series A led by Penumbra. German frontier lab Kausable raised a €12 million seed round led by UVC Partners and Entourage. PE DEALS Bain Capital and LY Corp. are in talks to make an offer for Japan-based online shopping platform Kakaku.com that would be higher than EQT‘s previous bid of ¥3,450 ($21.06) per share, Bloomberg reported. Bain Capital agreed to acquire UK-based vitamin and supplement company Vitabiotics. The deal is valued at around £900 million, Bloomberg reported. SoftBank Group is considering an acquisition of Gravis Robotics, a Zurich-based startup that enhances the autonomy of earthmoving equipment, Bloomberg reported. Harbinger Sports Partners is planning to acquire a minority stake in the MLB’s Athletics. Providence Equity Partners invested in SCG, a London-based provider of business communications, connectivity and IT services. SkyKnight Capital invested in infusion clinic operator Apex Infusion. Investindustrial backed PA Aromatics, an Italian developer and manufacturer of flavors and fragrances. Bowmark Capital agreed to acquire a minority stake in SFG20, a UK-based building maintenance specification software and data provider. EXITS Temasek-backed hospital operator Manipal Health is seeking to raise up to 92.7 billion rupees ($960 million) at an $8 billion valuation in its India IPO. Thomas H. Lee Partners-backed robot and automation platform developer Brooks Automation is considering an IPO, Bloomberg reported. Advent International is considering a sale of its stake in Brazil-based Tigre, which manufactures hydraulic systems for construction and water infrastructure, Bloomberg reported. Trive Capital-backed defense tech company Lyntris filed for a US IPO. Midjourney agreed to acquire Spark Capital-backed astrology platform developer Co-Star. Dangote Cement, a Nigerian cement producer, is targeting a secondary listing in London, Bloomberg reported. INVESTORS Defense deals will form part of Singaporean state investor Temasek’s broader push to invest more across EMEA, Reuters reported. CORPORATE M&A HSBC agreed to sell its Singapore life and health insurance unit, HSBC Life Singapore, to Allianz for $2.1 billion. Amsterdam-based design and engineering group Arcadis received a revised takeover offer from Montreal-based rival WSP Global that valued the Dutch company at €4.4 billion.