realestate

Tech and real estate drive $1.4 billion in M&A deals

Funding rounds and acquisitions announced today cover AI, real estate, and infrastructure sectors.

F
unding rounds and strategic investments announced today span various sectors, including AI, real estate, and infrastructure. Notable deals include Cyera's $300 million Series D funding at a $3 billion valuation, property acquisitions by Savanna and Belveron Partners, and investments in QScale and AXCS Capital.

    Belveron Partners has closed its seventh fund, Flagship Fund V, with $354 million in capital commitments, surpassing its target of $350 million. The real estate investment manager has already deployed $120 million from the new fund across nine affordable housing investments.

    Cyera, an AI-powered data security platform, has raised $300 million in Series D funding co-led by Accel and Sapphire Ventures. The round values the company at $3 billion and brings its total funding to $760 million since inception.

    Savanna has acquired 799 Broadway, a 12-story Class-A office building in Manhattan's Greenwich Village, for $255 million through a lender-controlled sale process administered by Blackstone.

    QScale, a Canadian computing center developer, has secured a $170 million credit facility with an additional uncommitted accordion of up to $150 million. The financing will support the development of phases 3 and 4 of its Q01 Campus.

    Tokamak Energy, a U.K.-based fusion energy company, has raised $125 million in funding co-led by East X Ventures and Lingotto Investment Management. New investors Furukawa Electric Company and British Patient Capital have joined the round.

    Aquaria, which develops technology to produce water from air, has raised $112 million from investors including Mistletoe and Ciri Ventures. The company has also secured an agreement with Upwell Water for $100 million in project deployment financing.

    General Catalyst has led a combined $105 million investment in Ladder, a leading fitness training app, through a Series B round and growth financing for customer acquisition.

    Conversant Capital has committed up to $102 million in strategic investment to AXCS Capital, including $22 million in growth capital to expand operations and launch new verticals. The package also includes the potential deployment of up to $80 million over time.

    Growth Catalyst Partners has acquired InspiredMinds!, a global technology and science strategy group operating the world's largest AI community spanning more than 160 countries. Financial terms of the transaction were not disclosed.

Tech and real estate executives shake hands at a conference table in New York.