Asia (excluding China) has drawn approximately $100 billion in capital inflows over the past nine months as global investors diversify away from the U.S., according to Kevin Sneader, Goldman Sachs President for Asia-Pacific ex-Japan, speaking at the Milken Institute Asia Summit 2025. While Japan has been a major beneficiary, China’s equity rally remains primarily domestically...
Activist investors have had their busiest quarter ever, launching 61 campaigns globally in Q3, according to new Barclays data. This marks a sharp increase from 36 campaigns a year ago and even surpasses the previous quarter’s 60 campaigns. The surge was driven by heightened market volatility earlier in the year, as investors responded to tariffs...
Vercel, the U.S.-based cloud platform that enables developers to build and deploy scalable websites, has raised $300 million in an oversubscribed Series F round, valuing the company at $9.3 billion. The round was co-led by Accel and Singapore’s sovereign wealth fund GIC, with participation from BlackRock, StepStone, and Khosla Ventures. Driven by growing reliance on...
Fermi, a data center REIT co-founded by former U.S. Energy Secretary Rick Perry, is aiming for a $13.16 billion valuation in its U.S. IPO. The Amarillo, Texas-based REIT plans to raise up to $550 million by offering 25 million shares priced between $18 and $22 each. Dubbed Project Matador, Fermi’s flagship initiative seeks to deliver...
Simple Energy, the Bengaluru-based electric two-wheeler manufacturer planning to go public next year, aims for a 19-fold increase in retail presence by 2029. Founder and CEO Suhas Rajkumar highlighted that the company is entering a hyper-growth phase to break into the top three EV players in India, competing with TVS Motor, Bajaj Auto, Ola Electric,...
Cerebras Systems, the Silicon Valley AI chip startup known for its dinner-plate-sized computing chip, announced a $1.1 billion funding round, led by Fidelity Management & Research and Atreides Management. The round added investors including Tiger Global, Valor Equity Partners, and 1789 Capital, the firm where Donald Trump Jr. is a partner. The funding lifts Cerebras’...