VC Deals
OpenAI is in talks to raise as much as $25 billion from SoftBank, The Financial Times reported.
India-based fintech startup Leap Finance, which offers loans to students, raised a $65 million round led by Apis Partners at a valuation between $700 million and $800 million, The Economic Times reported.
UVeye, an AI startup developing vehicle inspection technology, raised $191 million: $41 million in an equity round led by Woven Capital and a $150 million debt facility from Trinity Capital.
Castelion, which builds long-range strike weapons, raised a $100 million Series A led by Lightspeed Venture Partners that includes $30 million in debt from Silicon Valley Bank.
Cybersecurity startup Oligo Security raised a $50 million Series B led by Greenfield Partners.
SafelyYou, a healthtech startup focused on fall detection and prevention, raised a $43 million Series C led by Touring Capital.
Cloud cost management startup Finout raised a $40 million Series C led by Insight Partners.
Paxton, the developer of an AI for legal professionals, raised a $22 million Series A led by Unusual Ventures.
Machine identity security startup Clutch Security raised a $20 million Series A led by SignalFire.
PE Deals
A group led by sovereign wealth fund Khazanah Nasional has acquired Malaysia Airports in a $4.2 billion take-private deal.
SUSI Partners-backed renewable energy operator Encore Renewable Energy raised $389 million in a financing solution from Brookfield Asset Management.
The alternative investment arm of Goldman Sachs acquired a portfolio of logistics warehouses worth $300 million from Blackstone.
Smart Wires, a North Carolina-based developer of systems for electrical power grids, raised $65 million from BP Energy Partners, The Wall Street Journal reported.
KKR acquired a 12% stake in American medical distributor Henry Schein, The Wall Street Journal reported.
Thoma Bravo acquired a majority stake in US-based eDiscovery provider Casepoint and merged it with Opexus, previously backed by Gemspring Capital.
Exits
Brazil-based Kovi, which operates a car rental and rideshare platform, has been acquired by Moove, a Nigeria-based startup backed by Uber and Blackrock.
Zayo Group Holdings is in talks to purchase the fiber optic business of Crown Castle in a deal that could value the unit at over $8 billion, topping a previous offer from TPG, Bloomberg reported.
Fundraising
Austin-based PE firm Blue Sage Capital raised $618 million at the close of its fourth fund.
Accelerator and investor Curie.Bio raised $340 million to invest in early-stage rounds for biotech companies.
Corporate M&A
Spirit Airlines rejected a $2.16 billion takeover offer from Frontier Airlines as the companies renew merger talks.
