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The original message has been attached to this so you can view it or label similar future email. If you have any questions, see root\@localhost for details. Content preview: PitchBook Newsletters Could data centers in space take off?; PE plays in the Super Bowl; fintech VC's AI-driven high; a flat year for climate tech February 6, 2026 | Read online | Manage your subscription The Daily Pitch [...] Content analysis details: (3.0 points, 5.0 required) pts rule name description ---- ---------------------- -------------------------------------------------- 0.0 RCVD_IN_VALIDITY_SAFE_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. See https://knowledge.validity.com/hc/en-us/articles/20961730681243 for more information. [159.183.175.69 listed in sa-accredit.habeas.com] 2.5 RCVD_IN_MSPIKE_L3 RBL: Low reputation (-3) [159.183.175.69 listed in bl.mailspike.net] 0.0 RCVD_IN_VALIDITY_CERTIFIED_BLOCKED RBL: ADMINISTRATOR NOTICE: The query to Validity was blocked. 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} body,table tr,table td, div, a, span { font-family: Roboto, Arial, sans-serif !important; } </style> <![endif]--> <style> /* Windows Phone Viewport Fix */ @-ms-viewport { width: device-width; } .mobile-only { display: none !important; mso-hide: all !important; } .desktop-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 0 !important; } @media only screen and (max-width: 800px) { .mobile-only { display: table !important; mso-hide: none !important; } .newsGroup-border-mobile { border-bottom: 1px solid #C3C3C3 !important; } .desktop-only { display: none !important; mso-hide: all !important; } .container { width: 100% !important; min-width: 280px; } .content { padding: 0 5px; } .walkthrough-image { width: 100% !important; } .performer-title, .performer-content{ font-size: 6px !important; } .header-msg { font-size: 9px !important; } .pre-header { padding: 10px 20px !important; text-align: left !important; } .side-bar { display: none !important; width: 0 !important; max-width: 0 !important; height: 0 !important; max-height: 0 !important; opacity: 0 !important; } .line-breaker { display: block !important; } .responsive-img { width: 100% !important; } } </style> </head> <body style=3D"margin: 0 !important; padding: 0 !important;"> =20 <table lang=3D"x-pre-header" class=3D"pre-header" cellspacing=3D"0" cellp= adding=3D"0" border=3D"0" align=3D"center"> <tbody> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, sans-seri= f; font-size: 14px; color: #78766f; -webkit-text-size-adjust: none;"><span = style=3D"color: #78766f; font-size: 1px; display: none !important;"> Could = data centers in space take off?; PE plays in the Super Bowl; fintech VC's A= I-driven high; a flat year for climate tech </span></td> </tr> </tbody> </table>=20 <style> @font-face { font-family: 'Roboto'; font-style: normal; font-weight: 800; src: local('Roboto ExtraBold'), url('https://fonts.pitchbook.com/ne= wsletter/Roboto-ExtraBold.ttf') format('truetype'); 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pad= ding-left:5px; padding-right:5px;"> <table lang=3D"x-header" class=3D"container" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> =20 <tbody> <tr> <td> <table lang=3D"x-header-subscription" style=3D"min-width: 100= %; text-align: left;" cellspacing=3D"0" cellpadding=3D"0" align=3D"center" = width=3D"100%"> <tbody> <tr> <td class=3D"header-msg" style=3D"padding-top: 20px; paddi= ng-bottom: 28px; font-family: Roboto, Arial, sans-serif; fon= t-size: 11px; -webkit-text-size-adjust: 70%; text-size-ad= just:70%; -ms-text-size-adjust: 70%; text-align: center;">February 6, 2026 = | <a href=3D"https://url6380.news.pitchbook.co= m/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBT= q-2FB-2Bxf7sTsQVQkfjG59iUmQz9kzSRMC-2FAqA-3D-3D3Qcx_Pr966knuaHmaw6c7pKvB-2B= CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrs= GUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKH= F2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6= BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgIB39U6Pww-2FPVpB1BsLDCaUIiAQ7c= 4Mnee80jw4qWkMpM6Y49RgH8A7rND149f10oXOJVDHozVeDy6vH0JElyPsy8rp7zWwQ0RnTI4Ie= c6ZoqjtPT8LbV1P7oGJPzNLGnIIUxGcPG5TARgvTE3dVjZ7liVxsaYQzNayYi1xTWvOqOaHXgOr= 2B2ywawFL2L-2FyKT9Kj0BZpLfcSYVnUL2bzwyj-2BFM5ViNUz46L-2FPeNAG4bysEYou0M5IWu= KLyf7EQhB9IsHhMqiEmsJzgqQLpLq3k-3D" target=3D"_blank" style=3D"text-decorat= ion: underline; 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text-align: center;"><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQwC2EEsJD9DC9XgEkYEo3= EA-3D-3D42rh_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY= A68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2F= iVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BU= LLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyo= cgrbLgOrwvTZH3ISwOE27iCAt4T9fqAlU3WxHHvP7flqIxedVrdPKXW-2BAFawh1ObnOfqJYVgJ= HMHotJwyI7szMLUB5vMK8FSacheDsbJgHrdN5n8eDOztBuAQQOHkgdrSbvRr4Poj38qh3afD-2B= 34WC3RJyIzSost7K7r5p8GhNROz-2F1OanxSe1ZVlrc7QBjbUkrtPsPS1pYBaq5gGt4DzhHqInV= ydX56iKxi0f-2BroSHmgvHvadsYthvjSTMMtREmvJpWQJkAT2QNrecIvEbtp7eFQ-2B5s-3D" t= arget=3D"_blank"> <img width=3D'1' height=3D'1' opacity: 0; style=3D'displa= y:none !important; mso-hide: all;' src=3D'https://my.pitchbook.com/ms/pixel= ?userId=3D3DUK23EBU6P5WAW&eventSource=3D3DZQDXJQ6VUBAECQE7XY5D5PSLQI&emailI= d=3D3DVBQSURI5YTKMC&emailName=3D3D6H3WX3QH7CXEMMMBQSMFL245ZG625LDUYNYOD6M6Q= HVPV46EGQLU2DKV43QYFSZS&pixelPosition=3D3DUAZEVU3EPI6EYRHRSC2KEHCFHGQ6ZMZBK= VWWKQA.gif'/><img src=3D"https://url6380.news.pitchbook.com/wf/open?upn=3Du= 001.3gwe9GsF-2BTAFq5zC5EhFQ2a8abB1qTlMwYRLNzMolGjSmCPqRZuyzb5tQBOnSwcKAU09j= z50paA91DeaMEzlH-2FWYfimbiB3OIsXw1oJNbb3xUXi-2BEwyIU6p9ccArkiapIZM4muP-2B4i= TU7QBXYfbZCY1ht3LfJvBM08V5HOl9AYA4Ujfom7ecAGD9DgJG9YPU61V6hSH-2Fg-2FR9xQNWo= IqDR-2BBm6MMOqncetwYanKHaKra9nc6HH3N8RlYY5t9TQ3GKVaTgf6ZxtT4I2Gy4RJfA7dS-2F= h0ipaSDPrs47WytXHmegHXqH0SPcGF4SXjTH3RTp1wgPQC1MPfy5dUUKJWZPi-2BgvZVsXNVctE= aqikilxDgyaIbcoAHaKGj3lPFVthYeTi0yBQW5hhL4rdnGpHPLCoDzk4UITtOQnn4rtncohBs4G= CPq-2FpRx-2Fr1Yme1ccZ77PDu4rsHva1oXh5NyfAXL4FDkt4iYy-2BS4HgqS6h8PCBQ8U4u2sb= vttpNBMWDTEsr2dGkPvUfcGaOgpvF13FFUbwNRFmFyYfnDXSITe9kVE846y4-2Bq8O4Jgp1Y78-= 2FpbxZMQ" alt=3D"" width=3D"1" height=3D"1" border=3D"0" style=3D"height:1p= x !important;width:1px !important;border-width:0 !important;margin-top:0 !i= mportant;margin-bottom:0 !important;margin-right:0 !important;margin-left:0= !important;padding-top:0 !important;padding-bottom:0 !important;padding-ri= ght:0 !important;padding-left:0 !important;"/><img width=3D"141" height=3D"= 39" src=3D"https://fonts.pitchbook.com/newsletter/pitchbook_morningstar_log= o.png" alt=3D"PitchBook"> </a></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto Serif, Ge= orgia, serif; font-size: 44px; font-weight: 500"><span>The Daily Pitch</spa= n></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 24px; font-weight: 300; padding-top: 9px;"><span>PE, = VC and M&A</span></td> </tr> <tr> <td style=3D"text-align: center; font-family: Roboto, Arial, s= ans-serif; font-size: 14px; padding-top: 11px;"><span>Your edge on global p= rivate capital markets</span></td> </tr> <tr> <td height=3D"38" style=3D"padding: 0; line-height: 38px;">&nb= sp;</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-content" cellpadding=3D"0" cellspacing=3D"0" bor= der=3D"0" width=3D"100%" style=3D"min-width: 100%!important; width: 100%!im= portant;"> <tbody> <tr> =20 <td class=3D"content" width=3D"460" valign=3D"top" style=3D"ma= x-width: 460px; padding-left:5px; padding-right:5px;"> <table lang=3D"x-main-content" width=3D"100%" cellpadding=3D"= 0" cellspacing=3D"0" border=3D"0" align=3D"left" style=3D"min-width: 100%;"= > <tbody> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQFVX0ztjpiJcdZXxy-2Fg4U7w-3D= -3DGe6g_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NV= R6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6= pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfou= tEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbL= gCQl-2FcqmBytb6iqRw7-2FxsigFbmZBTgFCKKr-2B62F1pVJxJ7v80yF5wJhv8F-2BTk0wnRUA= alQshIfMRcm-2BzetNX8AL9obK7XUWkAeYXu6aVhLUR0WdOrscI5DODJZN-2FVhLYldIJ57k0H6= iE-2Fcxj5P-2FF60wg2DH9lVuc7fIwlUubJ-2BjISQx-2FS6Oi56I945Ma44MF6KpDnqkAJIp9-= 2FmdvlFVYOb8PRUA8gYoDtOQBzCyFGah1WMhuGa6XdwoK-2F8Qn190YB-2FIyUv8uBE9fizgzHv= wOeC0-3D"><img width=3D"460" src=3D"https://img.pitchbook.com/ads/ad4457/SV= BJanleaderboard.jpg" alt=3D"Ads" style=3D"padding: 0px; margin: 0px; border= : 0px; display: block;"></a></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=F0=9F= =8F=88 No matter who wins the Super Bowl this Sunday, private equity is alr= eady in the game. The Patriots sold an 8% stake to Sixth Street at a $9B+ v= aluation last fall. The Seahawks were acquired in 1997 by Microsoft co-foun= der Paul Allen=E2=80=99s investment firm.<br><br> Since the NFL opened the playbook in 2024, a= bout a third of teams now have PE ties, according to our <a href=3D"https:/= /url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6= GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQBTAsYDs31yG29pa-2FLAxL0g-3D-= 3DFy_m_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR= 6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6p= E0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfout= EuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLg= GLaPGuqGdLU41J-2BQzxYmIoMfBk53HKyf2irLpi9d2gdr3-2FBc63PbrffltH9T-2BSmMm5a8j= L9gyo7-2B-2BbMWx7EW0Ucr4dV3StEYBNs-2B-2BhWgSb1SnWavmin5DX1vnbRYmmCqCpXVeiGW= Ca9lg-2BdSoFG4fSY-2FoBAc3ujZI-2B83YwfKTer34m4ShSjYO7SFkAflhKPc-2FRHMofO3MgD= 9c3r4IFvsS1tzIoB5cYPVzkInsq0X2MnTqc4WRH-2FcJrv2WunAX3RDeF1Lu6rx4rcAQi487BgC= 3E-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>PE in spor= ts dashboard</b></a>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_577261" id=3D"n_577261" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> PE mid-market is struggling to= rediscover its animal spirits </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Madeline Shi, Sr. Private Equity Reporter</i><br><br> Despite high-profile mega-deals keeping the = mood up, sentiment at the smaller end of the private equity market remains = muted. Concerningly, it's not clear how or when this might change.<br><br> The pace of capital deployment and exits in = the middle market has yet to catch up with the upper end, while anecdotes f= rom dealmakers, banks and advisers to PE firms point to a lack of animal sp= irits across the market and to sharply contrasting fates of pristine assets= and the rest.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQbTe-2= F4J-2BoWrxarpCQqQ5S-2FQ-3D-3D1iSj_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-= 2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObI= QfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2B= mKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2= FI4g2Xie9hL6X9UhCiNyocgrbLgO6sOGMoRqvIoW9fRYMzX1ZhkK-2FBFIoeB2UYmbY5mhlr86p= vF0-2ByiVAo50Uv1HW8wjEg5EWi0OomhdGNN3i4Z-2BtAUFtDoa0sif6L-2Fu-2F6miae-2FYXM= R9YpIMpsrPv-2Bm6xzRzPUgurjnOquE8Rf2xR2dKbOhL2y3c573t5PhJ9O-2FK6Z3CU2-2FBer5= hA3W-2FePEMFtrWHm-2FC-2BoIyJn4g6vRw07BPZE7JTcwsDWNDiMdz4XqFMInuXU-2F1XjWzG0= -2FoIh9d0RxLGw4o85TTd8sc0SjsTtkjE-3D" universal=3D"true"> <img align=3D"cen= ter" alt=3D"" src=3D"https://img.pitchbook.com/news/72573.png" style=3D"bor= der: none; width: 100%; height: auto;"> </a></td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Compan= ies considered high-quality are still trading at premium multiples, while t= here was agreement that those with "some hair on them" barely attract any i= nterest or draw bids that come in at a significant discount to sellers' exp= ectations.<br><br> High customer concentration, the perceived r= isk of management turnover and operating in a sector whose fortunes are clo= sely linked to the wider economic cycle are enough to derail deals in today= 's middle market.<br><br> "Buyer mentality is still quite disciplined,= so you end up seeing a tale of two cities," said Jared Stein, the co-found= er of Monogram Capital Partners.<br><br> As a buyer in many of these transactions, St= ein said he often sees a disconnect between asset quality and the price dem= anded by sellers.<br><br> Concerns around the management team are a co= mmon source of friction, said one partner with an international law firm, c= iting a recent attempted sale of a company in the business services sector.= <br><br> While the company's financial performance tr= acked roughly in line with projections, its chief executive told potential = buyers he might not remain in the role. Buyer interest waned, and the trans= action almost stalled.<br><br> A similar sentiment permeated the automotive= collision repair industry, which had a challenging year in 2025. Assets in= the sector that were not considered premium saw virtually no buyer interes= t, an M&A dealmaker told PitchBook. This marks a contrast to previous c= ycles, when there was always one or two bidders.<br><br> "In 2021 =E2=80=A6 it was almost like the do= t-com boom era where you had all these assets that needed some work but con= tinued to be powered by the sheer exuberance of the market," said A&O S= hearman's Alain Dermarkar. This is no longer the case, he added.</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQbTe-2F4J-2BoWrxarpCQqQ5S-= 2FQ-3D-3D0dfo_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U= YA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2= FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6B= ULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNy= ocgrbLgAB1uLtU3ICAfomNb7M8zK-2FoOSeUdSCeKUrybFQmCKdqExp2NbCxVV661vjAzUZPMON= l-2BE8RmLBv0LSYsxBreYJinKxitJkVGqWhXSET3QdopQutN9g5eGMHrqRouQMR7ONik-2BnG1Z= HJbNkuso0shERlHbVRO17yr44s8JvJFwIEcAXuqSQHe4xRkMI696qwHv7hP7qomvKFHDzZ7qyWM= r-2B5r8qz6NIm9Jyvvwdxc-2FZ35DpjE15mnO77KW08sWf895xRyjVIFNFyDxVR1-2BgXFBs-3D= " style=3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-de= coration: none; color: black; padding-left: 3px" target=3D"_blank" universa= l=3D"true">Read more<img height=3D"24" src=3D"https://fonts.pitchbook.com/n= ewsletter/arrow-right.png" style=3D"vertical-align: middle; margin-left: 8p= x;" width=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB= -2Bxf7sTsQVQLEVS8jsoRqJSgY5FzXwpdA-3D-3D8P5c_Pr966knuaHmaw6c7pKvB-2BCEiDnj5= UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBH= w2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNi= jbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7= jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgIHOnuDZxrsU830-2Bcf8tlZfeXyQq3qP9VU6t= CDn0XPfHOi9GmDAMkYnD4glKDTbd3sivMVFeVh53JLuKg-2FXa7RSU8uwzRXm9d8q87nIRXuH-2= BVWu4X-2FpbJQKCuNXE8g0eRbdRu3XEgsXErE3eGGPHFxNaq9cl28m-2Bsxkq4sPxqv37LXNUOj= 6R8LWNPoipaqDmYMUS2IDiZFjazXTmhM1kPWKxVzAnA66FT0Bd1wZeJjeZZLfzTMwaeP1kK8dyu= g-2BlVW1Hbr-2BlW78YuYBd0t2Cjhk-3D" style=3D"color: #1D5080;" test=3D"" univ= ersal=3D"true">2025 Annual Global M&A Report</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>A message from Key Investment Partners</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_577106" id=3D"n_577106" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> Cannabis investing, post-resch= eduling: What changes now </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"right"> <table align=3D"right" border=3D"0" cellpaddi= ng=3D"0" cellspacing=3D"0" style=3D"float: none; padding-left: 15px; "> <tbody> <tr> <td align=3D"right" style=3D"text-align: righ= t"><a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQSDGKtp86V7x= uP3vCfb7k9Q-3D-3DuPb-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43= kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKaf= EikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjB= p6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6= X9UhCiNyocgrbLgDHn0GVxxUKNfZhVelLUqCzvcmH8TD0jj-2FRdgLUBmWYIJXx3yYwU2U-2Fq5= WUVDJsuI44QlsybSlW8bCd8Lvz1DuaABfCPbFJY1MM8R7c-2B-2FKLatBmrPPOYZghOE-2F2XKK= cyoV8EH-2BfO94eWhQRaLTP2FicxwZQytEsvdZOSksexE04ZuOqNgY9AmvL5u3TefmUqkDX0qkv= xD8Z6BnHjDaxvdK9W3sjnolHXhR7oP-2FbCNOZtjtzEcV2BFA5v3nFw8StGTDVMhEGAQM28myLg= 70wC0N4-3D"> <img align=3D"center" alt=3D"" src=3D"https://img.pitchbook.co= m/news/72489.jpg" style=3D"border: none; width: 100%; height: auto;"> </a>= </td> </tr> <tr> <td style=3D"height: 20px; line-height: 20px"= > </td> </tr> </tbody> </table></td> </tr> </tbody> </table>The U.S. legal cannabis market is ent= ering a true inflection point, and this time, the catalyst is federal. Foll= owing the President=E2=80=99s December 18, 2025, executive action accelerat= ing reclassifying toward Schedule III, the industry is nearing its biggest = structural shift in years, with implications for taxes (280E), cash flow, v= aluations, and capital formation.<br><br> Cannabis Investing: 2026 Update =E2=80=94 Fo= cus on the Controllables explains what rescheduling changes (and what it do= esn=E2=80=99t), how the =E2=80=9Chemp intoxicant=E2=80=9D loophole is tight= ening, and why the next 12=E2=80=9324 months may offer a compelling risk-ad= justed entry point. The 2026+ outlook follows =E2=80=94 from banking normal= ization and research/healthcare pathways to uplisting dynamics and the long= er arc of federal reform =E2=80=94 through a disciplined, fundamentals-firs= t investor lens for sophisticated, long-term investors today.<br><br><a hre= f=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQSDGKtp86V7xuP3vCfb7k= 9Q-3D-3Do2J2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UY= A68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2F= iVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BU= LLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyo= cgrbLgHGKuVYNp-2BZd4iR9-2B-2Bd6vIu8eNmUC91LvTvIVvVH5p3iGkXFLslMkbVIRaEAINNG= 03PRh3ZYTKxlZb-2F2OmvlznVsbV47HsrTAif7O1tUjaeHuL2KkJLsOqYAMJhSonI-2FKk4-2Fy= TrSMGaPEVdlh6d6WxPwW3VColRjLxqpiGCHbY2SkNduc13jOko3XuHzzVL9lZ0QgEjLrX2bYgh3= Be-2FzHOIqV2m2QaIpThgRjLMVGxmbB-2B9jMbK-2FB9CG31dwKNFXX439u5LM3fv4qUnS4aJzz= YY-3D" style=3D"color: #1D5080;" test=3D"">Download the whitepaper.</a></td= > </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Catch Up Quick</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">=E2=80= =A2 <b>Fintech startups banked nearly $43 billion last year</b>, largely dr= iven by AI premiums. It marked the highest annual total since 2022, accordi= ng to our <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D= u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWbhHWjDBTq-2FB-2Bxf7sTsQVQ= AaMeryk0qyq6z86rHqmAuw-3D-3DYcni_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2= BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQ= foEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2Bm= KYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2F= I4g2Xie9hL6X9UhCiNyocgrbLgDv4Aq4V18tY8HkWPBzZl0hkh0nWYIsYBUS2niFSRVMhtMODjE= MjsfLXeND4ebJtDTPRtqseVmsMHbXDBWomJYw-2F8mZG9pKKjZjn8TDCMMN96u0J6a9lHiFZpC8= xmqnDzYZAAhmWdTbz-2BY5RlxI-2BjH6j1AhRG0Iu0BbezX-2Ff5oHQtDFd3ASQfBPWzTom1-2F= Wub2NeNiYDt-2BfSe8z-2FVhaMkqGGMszIixPiZRDo9vYXmqW3rR8tet4iR9D6kNqVqoB5MOwam= ed5fgX6BYlB-2FPo41sA-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"t= rue"><b>latest report on the sector</b></a>.<br><br> =E2=80=A2 <b>VC funding for the climate-tech= market</b> tallied $42 billion in 2025=E2=80=94essentially flat year-over-= year=E2=80=94with data center growth and energy-resilience technology fueli= ng much of the dealmaking. <a href=3D"https://url6380.news.pitchbook.com/un= i/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5= K8D1g75HQLwEbFRaQCezopIhQKg7mkGn-2FKA-3D-3DZFX5_Pr966knuaHmaw6c7pKvB-2BCEiD= nj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmc= GBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2ws= yNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXW= Lk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgM3dRV6B-2B75P2UjgbyZCH-2BZvKP0o214= QZgEArv3t0yGt7y7saod-2BgBhskharoUmU-2BP3bUCjZK2DcxR0u2fHLNUoxRla4e6RZhjX9K5= cj4sNCBAYng1q0Rf-2FfTOOASixMJFHM6tC7ZTVNUyoACDKZBFh-2Bcct4AM8khKJYlNSQYcoIV= -2F-2Fdw5-2FTI03nLNiCY0c0mZTNIwyG-2FkR-2FMF8WKEMA3dsiUkGN9DnTxYRCizGEiTMuzm= KaRfsfPoTQFwgxxvzs9GpigMtw-2FMvGNBIVmgcJLN0-3D" style=3D"color: #1D5080;" t= est=3D"" universal=3D"true"><b>Read the analysis</b></a><br><br> =E2=80=A2 <b>Ares says skepticism surroundin= g the software sector</b> may lead to opportunities for private credit lend= ers. <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbgzrqxI3-2= FFhv3DmvyDtb7TQ-3D-3DRDIa_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZ= ZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFx= jFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie= 9hL6X9UhCiNyocgrbLgFowLBk7P4YyOgdbu3NhvDJLbWrERTCzMZxQ9ookvXGqoikEs4-2FsPYk= xVlQG-2Fkcb7bPE9pkt-2BybsPuwn6IHluO0Ov-2FW9m1eHA7WUPk2i7KGffexHylEVMKI-2B75= CQcCeTJnVt0CVh1tPO4LWRN9EUCZlLZoAnbLoAOssroktuNwt9oTBwZ9QiWCOSjEg43x-2BmRS-= 2F6H5B3oZndSsSjq6TH9buYk4Zoth2qH7sxmcGmwa1hWbp8sP08eb61pNQJmGP7hgbzQvSJxJNj= 9e5OyBZCB98-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true"><b>R= ead more</b></a></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_577304" id=3D"n_577304" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> Data centers in space might no= t be so pie-in-the-sky after all </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> <tbody> <tr> <td align=3D"center"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" style=3D"float: none; "> <tbody> <tr> <td align=3D"center" style=3D"text-align: cen= ter"><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbXQ54KcLQq= 3J6AKDW78ejvg-3D-3D5Dz2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI= 43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZK= afEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjF= jBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9h= L6X9UhCiNyocgrbLgDr2M16tY-2Bk6MmoRyZZRx4Y3Z-2BrbzspZNQX3lj221pWN09vGwNR3U6I= 9l0aKdIw-2F4WiHB4-2B9rVf3tVad-2FMPC3SEKEpaRyjmUFlTlE-2B-2BVREIPqUkfR81ilEdO= DlKACLrZ2UilxXqaTAidmdisnHHe-2FQD59r1MzYoIODPefVDYFZruGjBojCZCA0i48gyDgigR8= 8NAzKBK-2Fpm-2FVCH0QPIqO5-2B4WeHtHC91gsUyPhD-2BFfTU5v5rt3UUoHG1uQbULeONBBR5= 4LB7HPoFXEXG825VX4A-3D" universal=3D"true"> <img align=3D"center" alt=3D"" = src=3D"https://img.pitchbook.com/news/72610.jpg" style=3D"border: none; wid= th: 100%; height: auto;"> </a></td> </tr> <tr> <td align=3D"right" style=3D"text-align: righ= t; font-size: 10px; line-height: 27px; padding-bottom: 8px; color: #78766F;= font-family: Roboto, Arial, sans-serif; font-weight: 300">(Courtesy of Spa= ceX)</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>By = Jacob Robbins and Rosie Bradbury, PitchBook News</i><br><br> Elon Musk's argument for merging SpaceX and = xAI into the biggest VC-backed company Silicon Valley has ever seen is that= building data centers in space will be necessary for the coming AI revolut= ion.<br><br> For VCs who've invested in orbital data cent= er startups, SpaceX's <b><a href=3D"https://url6380.news.pitchbook.com/uni/= ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8= D1g75HQLwEbXQ54KcLQq3J6AKDW78ejvg-3D-3DC3jf_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U= wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw= 2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNij= bsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7j= hh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgMqad63uH-2BItKlpt1ZyzfBGl9DPDCxhJir0l6= gHVatMTxOrys-2FaM8B-2F1ggvOwSq-2BBbt169bNqsv9xa0Ob7OyNNDrjfSgtIuwacbEDij-2F= Wv46CUWZdW2p99ZxwW8Vnqt1Wm-2BJ1MRViuLM2NKRwRhZ-2B7e-2BUyt-2BXYwfncbjrJgFZIX= nHngACdkQwjTPE70xr3XujLX-2BsRbmakyi-2B0Et7Gboo9yr9n4xsN0-2B73DUBEgnHEJ4s4Td= 69GJHdaC-2BOtxnwszGzElSTL35WyEbCIidxd5n90-3D" style=3D"color: #1D5080;" tes= t=3D"" universal=3D"true">validation of the idea is a major coup</a></b>.<b= r><br> "When we made this investment in 2023, we we= re laughed off Twitter as this being too audacious," said Scott Hartley, co= -founder and GP at pre-seed firm Everywhere Ventures, speaking of its inves= tment in Starcloud. The startup, backed by Nvidia, is on a mission to const= ruct data centers in space.<br><br> But turning science fiction into reality isn= 't easy. A constellation of satellites on the scale SpaceX is imagining wou= ld represent a 100-fold increase in satellites in Earth's orbit, according = to leading astrophysicist John McDowell, an expert in orbital systems.<br><= br> It could create a dangerous chain reaction o= f space debris collisions, disrupt the chemistry of the ozone layer and per= manently alter the night sky, <b><a href=3D"https://url6380.news.pitchbook.= com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlT= WVSrQ5K8D1g75HQLwEbgJ9f-2BDeFj6nYAj4tZhVuVw-3D-3D1ziL_Pr966knuaHmaw6c7pKvB-= 2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kET= rsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmP= KHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOG= e6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgFEeXq2BU4UGx6yrLnfZs19LXyz0S= 99uW-2FUKzdgGG4Oq3PRuYVIGm3SKIiRLIagALo9d5VCzYmARV0lQMDoNCNSbwx5f1NCnmqelvK= Viszf-2BqZt4lX89GbReyVo38crAsbOK-2Bc5YNyVvcvc8JcdLJrvJePapE-2B4Ny3UPijtNzVW= A4Vl0qtLckx3YtuE6j-2F5OPwQvZuRRKwyzy8RZjuwBuQTjmlz0FQxJTnx8MZKUmP9lNIRQO3y8= SnfE7qkmoRqTGss28LJcsuFALmOtgTqitX8-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">he told PitchBook</a></b>.<br><br> Still, investors are not deterred, seeing or= bital data centers as an answer to the challenge of providing the infrastru= cture the AI revolution needs.<br><br> VC space-tech investing has rebounded over t= he past 12 months, according to PitchBook data. From 2024 to 2025, deal val= ue increased 65% from $6.7 billion to $11.1 billion.<br><br> "Space exploration is incredibly capital int= ensive," McDowell said. "It's very much an open question whether this is th= e right move."</td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-bottom" style=3D"width: 100%; min-width: = 100%;"> <tbody> <tr> <td valign=3D"top"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-btn"> <tbody> <tr> <td align=3D"center" style=3D"height: 36px; b= order-bottom: 2px solid #E88F36"><a class=3D"customButtonLink" href=3D"http= s://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWI= rf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbXQ54KcLQq3J6AKDW78ejvg-3D-3Dl= LUV_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS= -2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-= 2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM= 5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgDua= AyLv5FlUf4bYEih9vrDmfZ4q2L4bhZzQ2ZZRWLNJq69NQaZaHnrnXGQGD6y8v9duZzLht6Rm-2B= O-2BYU8mMnhXKigkbI8YDsV6DNTSq0wIzPTQIRWMFbc1wpn6pdF5zrpaoKOaWULxRRFU4jw49Gj= -2B1-2FpwDfJdFD7meqXBS1wVSjGqoAPAJnoVCjEx5TBClHWRcvA7UnG5M-2FY6OK5MAUbZYn-2= BwUcUhxN0JkAIiVmcW7sQSAB6TYpWKJKuSnw-2BnDIJXMnsiOoWMwBPODtWrbK0Q-3D" style= =3D"font-family: Roboto, Arial, sans-serif; font-size: 18px; text-decoratio= n: none; color: black; padding-left: 3px" target=3D"_blank" universal=3D"tr= ue">Read more<img height=3D"24" src=3D"https://fonts.pitchbook.com/newslett= er/arrow-right.png" style=3D"vertical-align: middle; margin-left: 8px;" wid= th=3D"24"> </a></td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;= "> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> <tr> <td colspan=3D"2" style=3D"padding: 0 20px;"> <table class=3D" " lang=3D"x-news-= group-border" cellpadding=3D"0" cellspacing=3D"0" border=3D"0" style=3D"wid= th: 100%; min-width: 100%; =20 "> <tbody> <tr> <td style=3D"padding-bottom: 25px;"> <table class=3D"" cellpadding=3D"0" cellspaci= ng=3D"0" style=3D"width: 100%; min-width: 100%; = border-bottom: 1px= solid #C3C3C3; = "> <tbody> <tr> <td style=3D"padding: 1px 0 0 0; line-height:= 0;"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Rel= ated research:</i> <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/= click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g= 75HQLwEbDcqWNUZCxuwhPps-2F33bV-2FQ-3D-3DY_m9_Pr966knuaHmaw6c7pKvB-2BCEiDnj5= UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBH= w2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNi= jbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7= jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgHEhuHrYyk9ahZScXnM2yt8g9HXtzImDh-2BY8= 75W1yn543H4TtKVOTFHVCHBXWhsMqv7YkDxxBpphmKDyT7o1n6VLDwlHPDYw3hhYNy26PRDQRpY= xVurzSyDJFsh2Yo-2F-2B3TvoWF6cGmWpCFrAd-2B1tw3diQmNyjo0NzPasyDwXM6UcSAQ4BzKY= mAa67nrRdlLbHtCYDgdL2aOaH0VX5gFfbmKv7kKubsh7sx7z8BCr0b2bhs4bdaj-2BdTGfPJ-2F= -2B28-2FaUMvOMdWZtIvxT4UPlHplyMU-3D" style=3D"color: #1D5080;" test=3D"" un= iversal=3D"true">Q4 2025 PitchBook Analyst Note: Moonshot: The Next Stage o= f the Lunar Space Economy</a></b></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Side Letters</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><i>Sma= rt reads that caught our eye.</i><br><br> =E2=80=A2 <b>The Super Bowl in a new era of = prediction markets.</b> With companies like Kalshi launching online betting= platforms, even the most experienced gamblers are changing up their strate= gy. [<a href=3D"https://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbEA0rofYqQpJoy= Jlztvn5MQ-3D-3D4jfO_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kb= McVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEi= kVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6= ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9= UhCiNyocgrbLgMV7rFhq5Mk2Nk3uPysXva5YQY3oas-2FCCagB55rJq31S7vlNjIsSONrrPII1B= KUKbsPOTZC4hX4xHbUwuzeYmA1xsi8KiEOeyKCm9g-2BsbO4TT1RFaVAoYzdPu46Fmz41Yim1cd= iTcnywUG7qEdZcQKoxvepqVXIs0eDJ8TY2jjUwkqLaL1HnoMVnVp-2Fo4RdxiOKfEXQchRudXMF= 6unq1gqhYLLsyKLzmfU-2BsMIM3Q8m9-2ByUpfHH0TY0EmdOcbe-2BCiorgu8sJgsUr-2BCo1vO= KDadE-3D" style=3D"color: #1D5080;" test=3D"">Bloomberg</a>]<br><br> =E2=80=A2 <b>Is the SaaS-pocalypse bringing = private credit down?</b> Even in one of the hottest asset classes, investor= s are spooked by defaults, especially for software companies. [<a href=3D"h= ttps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIr= f6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbiSDeRD-2BtNtH499bVskqpXg-3D-3D= pS76_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6F= S-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0= -2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEu= M5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgK0= Rk4g0waDgcwGqAQjWYFpQC0jIYZdBJmR74kR7bZgTUjXOpQGdAxfHMJYdLw2Nh-2FfPaMNe1gtE= nipWiZrZyp1-2B803u15jx-2Boav4XMO9fhM-2F-2BeNOO3n00bVCk1wRulbT2ByvryuO6pOpon= 83CS7dU8tH1sd7ZqHc9f8MkauyAJ-2FEfqkXVt5tFwEZAT0c2sPLpIfZX6cwT3yGWzAfr2PQYOj= EAOSyke8YuQ1qHjCTzfY0B75ZFqvKJEBB42I14ZtxF1M5xwSOrAnwMv5JNOqL4M-3D" style= =3D"color: #1D5080;" test=3D"">The New York Times</a>]<br><br> =E2=80=A2 <b>The Trump administration has tr= ied to kickstart investments in Venezuelan oil</b>, yet the details show wh= y US companies are hesitant. Learn more about the type of oil in Venezuela = and why boosting its output is full of challenges. [<a href=3D"https://url6= 380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM= 7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbVYlCQTIajUgmvL10pDdjmg-3D-3DHdxm_Pr966knu= aHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsG= rR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1= ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP= -2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgMwn6uPqY1D57AF0= LseqYW7LMlSoeHN4oQF6DBU0JjlqNEBXfnkrOb-2FSyPuD6fkP7zk1CPVHZTxl6dtv4Ar9xpeEf= sdPi7L0pGpBD7SO684-2FmtDn3Y-2BxDJPN32OlNCofXcRwLalLPHaYwhBBKNATabBcUNV6z8O-= 2FjhksSaB7qRGwPpHB-2B69IFQNxrqX-2FLCmCSy-2FnXuANB646zZ2PMwSAca-2F32a8K3H3-2= BjaX4YHucPUbYvlZSn5qKulSjT2UtKyu-2F7FjURFsslCa-2Bb9y-2BdnyNotQ-3D" style=3D= "color: #1D5080;" test=3D"">Reuters</a>]</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbvJljPR7KWgd2XrlDm-2FaOAw-3D-3Dd= WaK_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS= -2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-= 2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM= 5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgCB-= 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sans-serif; font-weight: 700; font-size: 14px; line-height: 27px;= color: white; padding-top: 26px; padding-bottom: 37.3px; white-space: nowr= ap;">Since yesterday, the PitchBook Platform added:</td> </tr> <tr> <td> <table lang=3D"x-counts-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%; t= able-layout: fixed;"> <tbody> <tr> <td style=3D"display: inline-block; width: 25%= ; min-width: 25%; text-align: center; flo= at: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 1083 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Deals </div></td> <td style=3D"display: inline-block; min-width:= 25%; width: 25%; text-align:= center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 2907 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> People </div></td> <td style=3D"display: inline-block; width: 25%= ; min-width: 25%; text-al= ign: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 1105 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Companies </div></td> <td style=3D"display: inline-block; width: 25%= ; min-width: 25%; text-al= ign: center; float: left;"> <div class=3D"outlook-caption-override" style= =3D"float: none; font-family: Roboto, Arial, sans-serif; color: white; font-weig= ht: 800; font-size: 26px; line-height: 24px; padding: 5px 0 5px 0;"> 38 </div> <div class=3D"count-type" style=3D"float: non= e; font-family: Roboto, Arial, sans-serif; color: white; font= -size: 12px; line-height: 24px; padding: 2px 8px 0= 8px; -webkit-text-size-adjust: 100%;"> Funds </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table lang=3D"x-counts-btn" cellpadding=3D"0" ce= llspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> <tr> <td align=3D"center" style=3D"padding-bottom: = 13.3px;"><!--[if mso]> <v:roundrect xmlns:v=3D"urn= :schemas-microsoft-com:vml" xmlns:w=3D"urn= :schemas-microsoft-com:office:word" href=3D"https://pitchbook.com/free-tria= l" style=3D"heigh= t:43px;v-text-anchor:middle;width:148px;" arcsize=3D"50%= " strokecolor=3D= "#F79B3E" fillcolor=3D"#= F79B3E"> <w:anchorlock/> <center style=3D"color:= #000000; font-fami= ly:Roboto, Arial, sans-serif; font-size= :12px;"> Request a free tria= l </center> </v:roundrect> <![endif]--> <a href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzWlTWVSrQ5K8D1g75HQLwEbgCCrLIoYuEXKbzUns651Qw-3D-3DlJ6= J_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2= FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F= 16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5U= Id5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgA-2Bk= kCyqLRhhMwyoq9y1OWOO7-2B-2FWsR4DqPCtv8AU-2BLnpO7V-2F0XfslQlvcZnIhFDxpue9vHl= xINC3NfxaiWsZroy2RJRtu9En4G6f8wVd9i7ofaAVBkhaDO5l4YnG16D5mZfHiovz1AM-2FobGI= q0lf8e7CVOF6MJsZjoaaDHRwtbMBCYiUYGFxrPQqQ310pHsoYXsNMI5xjyxbtWiS2D3-2BJjVh9= zc2zjyqKb36nqJkbT59eWd2yJeqlsfPWn4qVmOA2o170ddAGnDsUFaS5hyFPN8-3D" target= =3D"_blank" style=3D"display: block; font-family: Robo= to, Arial, sans-serif; font-size: 12px; color: #000000; text-decoration: = none; line-height: 24px= ; text-align: cente= r; padding: 9.5px 21= .5px; border-radius: 99= 9px; background-color:= #F79B3E; width: 150px;"> R= equest a free trial </a> </td> </tr> <tr> <td style=3D"height: 25px; line-height: 25px;"= ></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td height=3D"20" style=3D"line-height: 20px;"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 20px 14px 20px;"> <a na= me=3D"n_577289" id=3D"n_577289" style=3D"font-size: 0; text-decoration: non= e;"></a>=20 <table lang=3D"x-news-group-title" cellpadding=3D= "0" cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;= "> <tbody> <tr> <td><span class=3D"outlook-caption-override" s= tyle=3D"display: block; color: black; font-family: Roboto Serif, Georgia, s= erif; font-weight= : 500; font-size: 20px; line-height: 26px;"> The Daily Benchmark: 2021 Vint= age Global PE Funds between $500M-$1B </span></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table cellpadding=3D"0" cellspacing=3D"0" lang= =3D"x-benchmark" style=3D"font-size: 16px; color: #78766F; padding-bottom: = 10px; min-width: 100%;" width=3D"100%"> <tbody> <tr> <td style=3D"font-size: 16px; font-weight: 700= ; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1= 0px;">Median IRR</td> </tr> <tr> <td style=3D"padding: 0 0 20px 0;"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 75.0130140551796%; min= -width: 75.0130140551796%; max-width: 75.0130140551796%; background-color: = #1D5080;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">14.41%</td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"font-size: 16px; font-weight: 700= ; font-family: Roboto, Arial, sans-serif; color: #000000; padding-bottom: 1= 0px;">Top Quartile IRR</td> </tr> <tr> <td style=3D"padding: 0 0 12px 0;"> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-irr-chart-line" style=3D"width: 100%; min-width: 100%;= max-width: 100%; background-color: #40C2C9;"> <tbody> <tr> <td align=3D"right" style=3D"padding: 0 4px 0= 0; height: 20px; width: 100%; font-size: 12px; font-family: Roboto, Arial,= sans-serif; font-weight: bold; color: #fff;" valign=3D"middle">19.21%</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-cash-multiples" style=3D"min-width: 100%; table-layout= : fixed;" width=3D"100%"> <tbody> <tr> <td align=3D"center" valign=3D"middle"> <div style=3D"font-family: Roboto, Arial, san= s-serif; font-weight: 700; color: #1D5080; font-size: 18px; line-height: 27= px; padding-top: 5px; padding-bottom: 5px; float: none;"> 0.06x </div> <div style=3D"font-family: Roboto, Arial, san= s-serif; color: #000000; font-size: 16px; padding: 0 0 30px 0; float: none;= "> Median DPI </div></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-performers" style=3D"min-width: 100%;" width=3D"100%"> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-title" lang=3D"x-performer-title" style=3D"co= lor: #000000; min-width: 100%;" width=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 0 10px 0 = 5px; line-height: 24px; font-size: 14px; font-weight: 700; font-family: Roboto, Arial, sans-serif;" width=3D"80%">Select top performe= rs</td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style= =3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w= idth=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 15px 10px= 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXiCb9ZYXKPJw-2BgVhJ-2BAo7wT2vOEXFmD5oCK12BZ6CmSg-3D-3D0Lde_Pr966knuaHm= aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5= GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufj= M2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2F= cCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgC66rVkEa2xp6Rfkixd= Ryr94NhBggWSSpNTu-2Bn3m3Gm6669ZvWxodaQcGunmcmZ8EVhLM7dXuObTAOMLUhbliEzKgICW= YC5afWhtfSSYzT3snQIF8SFQFlmjaTTlwW-2Fjqimfopn4clzVmWvISKRzjYal6Kb3U1dTkjKMu= LaaXgD7cW6ss7VuuRBLuhB0bNu-2BKTBc-2FghOTgiDiu3iE-2BrbS1nla5uHD5kH9o0ZLbF6ms= P3-2FpwKK9jvTo2-2F3wOSUYXxmBfS13LTVtS9ZIi8TjS9ya8-3D" style=3D"font-size: 1= 4px; line-height: 24px; color: #1D5080;" universal=3D"true">Endless Fund V = </a></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style= =3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w= idth=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 15px 10px= 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXiCb9ZYXKPJw-2BgVhJ-2BAo7woRctFF6A6C6JX9jWRUD4Cw-3D-3DhCOc_Pr966knuaHm= aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5= GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufj= M2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2F= cCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgJ2yXLsPEZfk3H5aISQ= zjzqOL2MB5t9GjqXUHmIw1WD5oMvugempF5Ja3jjGa7KoHNXNrHuBk7L42HHrsAM8TKypr4Q4SC= cax3BbwvVRI-2FaMm1eGIQcZO-2BDMgRQ66qLBN93Tqp3KX9YhFWxSc4-2BCcqOpme0oT41kGDo= bjyGJox22-2FHu10CduE9sn0-2F1T0Ir5COGJSi4XtkpLaG9ZhMPNdLnRaJMPKbQqZb3-2F83wi= xe4j4WNboaryx7XVdkfIa1wy7hcjoFCACOGV1vaSGIK6goQ-3D" style=3D"font-size: 14p= x; line-height: 24px; color: #1D5080;" universal=3D"true">Waterland Strateg= ic Opportunities Fund I </a></td> </tr> </tbody> </table></td> </tr> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" class=3D"performer-content" lang=3D"x-performer-content" style= =3D"min-width: 100%; font-size: 14px; line-height: 24px; color: #1D5080;" w= idth=3D"100%"> <tbody> <tr> <td height=3D"22" style=3D"padding: 15px 10px= 0 5px;" valign=3D"middle" width=3D"80%"><a href=3D"https://url6380.news.pi= tchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsn= swouzXiCb9ZYXKPJw-2BgVhJ-2BAo7w5KgrjVO937cBfWAF7MgUYw-3D-3D-b6X_Pr966knuaHm= aw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5= GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufj= M2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2F= cCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgJ7HSrL5CDX-2B9BxWd= 4cu5M6xRUVt1KxV-2BkkEfFs2GJ31-2FUgbhdziukKHLFM7cZ4FZtUgqAMfODRC3iYSl03vjf-2= F9xX-2BWDQG9VGkBtq0bbHQK6ejhsrvf4swHQK0pJOh-2F7DGV3JKW1J2sH-2FJ7OKgPhADFAFN= 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g2Xie9hL6X9UhCiNyocgrbLgEELxmCEv8AQ4d5RXyeVrw2yAbElbC3wlzZNgpLy5Vgq5i-2FZ8G= Kk67N8GyOJE8hEGWPh5E4zSSAAuXy-2Bcc-2FMBopRry9AU0cXy3IDkouPmNyhWJXwLTl9wJJj6= Ll8D7iMh-2B0iFnlehoiUESk3zZTzAotFzAw6Xgm0ZEnYiKmq0OhrjW2t-2F8LZLkVhedWD4rc3= tJT6zG41Fltj792lI7JkpyHAek-2B6izcx5SWZDHULmPhEkMSphBC7oF-2FdcjYPWPxzLF-2Feq= CRVTzyyVQ7Jqiz8Jf8-3D" style=3D"font-family: Roboto, Arial, sans-serif; col= or: #1D5080; font-size: 14px; font-weight: 700; line-height: 24px;" univers= al=3D"true">38 Funds in Benchmark =C2=BB </a></td> </tr> </tbody> </table> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Check = out the latest version of <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXiCb9ZY= XKPJw-2BgVhJ-2BAo7w0fu2BskRAMlrWZ0BJAMMEw-3D-3DMS_p_Pr966knuaHmaw6c7pKvB-2B= CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrs= GUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKH= F2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6= BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgG-2BvnEWOVAfisBJRDe-2Fwj-2F8W8= R0qqhNGTUJtUYpOKSHAO-2FneeVmNqPae2s9Da4e27Ny3cciubIYn0imQlE2hZSHZu2vixXGw5Y= gkxsUCfmDfe1KkvMKcSmHBpS3oYqZKvBG3f06I8SNqzpZx2oAAwG-2Fy5SXEg0p9asAiw305xJA= ShE34KFemoTn-2FI6uNahSMB6BAWdevYPw0F9ub6mC3g3xKXOdidnzOCc31YdtH562Bh1cDVwkU= ZDaGwXnczDikz66lau5D-2FPYyHVmjB87pEcU-3D" style=3D"color: #1D5080;" test=3D= "" universal=3D"true">PitchBook Benchmarks</a></b><br> </td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table class=3D" " cellpadding=3D"0" cells= pacing=3D"0" style=3D"border: 0; width: 100%; min-width: 100%; =20 "> <tbody> <tr> <td lang=3D"x-advertisement" style=3D"padding-bottom: = 20px; text-align: center;" align=3D"center"><a target=3D"_blank" href=3D"ht= tps://url6380.news.pitchbook.com/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzXiCb9ZYXKPJw-2BgVhJ-2BAo7wJYbNmtsxwHFK0pUf4F9p2A-3D-3= Do0a5_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6= FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE= 0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutE= uM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgK= 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style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Toront= o-based <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du0= 01.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXiCb9ZYXKPJw-2BgVhJ-2BAo7wQG= GYNpijdTKnMw5-2F5OrvuA-3D-3DFbqF_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2= BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQ= foEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2Bm= KYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2F= I4g2Xie9hL6X9UhCiNyocgrbLgAjqTbkh9JaozW5OTbRdIy10HcZBY0P-2F9tPKZF-2BlvbvIjh= JyNaAPARHY6y8nqjSJJlOnOUoFTHMO9AtBeOrA1ctobSi8QphYwBCHrpYSm3tHFTH50nzPqE4Fd= iUVO7VDa4LgLpTjYFl0vSO25zfgbTaH5oDLwLecFrY9zY6JVqxlG4b-2Brr-2FNbeyO0DR-2Fvn= MNllIKbrXIdGUdRk9pZkaiQ1sMiMgwmXLxsd2civL4Y4Y-2FqHiJRRmhdcY5yBnhXsIqY4-2BwK= VgIb6dCUsnLT8p7IWc-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"tru= e">CAAT Pension Plan</a> promoted <b><a href=3D"https://url6380.news.pitchb= 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colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>VC Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top">Autono= mous construction startup <b><a href=3D"https://url6380.news.pitchbook.com/= uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXiCb9ZY= XKPJw-2BgVhJ-2BAo7wvla3QFXFi-2Fviw1PlLX3MAw-3D-3Dj6_Y_Pr966knuaHmaw6c7pKvB-= 2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kET= rsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmP= KHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOG= e6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgFYfhwfF9dknSBRxdCTn8TMKWLkui= KA5YLIALYg7ih6HkuvNZHKi6qD5znvMjPzdiHXfTJSKPU-2FudQTWY7CmUUxwq0i-2FF1xbJpMV= vBFvFS051d4Sxk23JfLZim5URiGqGVuUo8KTrkShzoOS8nN28XjybZSGuA6YiN4zer284gK9myZ= vWKLFEmjrqgrjr-2FPdPgYmnHMaI1VfmN7kJnsrXRAzK-2FbCG9Pi2RYw3i-2FUebfxO1vLoryD= KEfjRtEKPEuiE2Fgg-2BztgyR4vGcRxolGRE0-3D" style=3D"color: #1D5080;" test=3D= "" universal=3D"true">Bedrock Robotics</a></b> raised a $270 million Series= B led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D= u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXiCb9ZYXKPJw-2BgVhJ-2BAo7w= AkoC1yETkcXTZviid3ERTQ-3D-3DDQt1_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2= BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQ= foEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2Bm= KYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2F= I4g2Xie9hL6X9UhCiNyocgrbLgAMkeRBWTYUNZXHRNDNAkcd9106yq0vyviz3BlwKyYkxnXqvj1= 6AD5vYrzR2jkXj8TR3UV0VOhmI1-2BZ4WHIZQaEiCaywLcOiPWmpVKmkN6Du8NEEZ-2Fdcl8rCF= NIEQ-2F-2BwX6l1hFggkpC1VcsXg5mjFsIma0sYlx1G-2Fng03YtMIHKqFF5X5B3SdllJkxGd0Q= 9mGgD0ZHUwbFZt9AtlIbua3yHsrTtghkYMRFiUYmrvyLp5ivSX5KJIfDWLCMbarprjU6RXFkqP6= kbd4REyaFeh5U4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">C= apitalG</a> and <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?= upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZq= fzIl41wFh8Mp2pgDv7ts0PSw-3D-3DCdD0_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP= -2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPOb= IQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2= BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-= 2FI4g2Xie9hL6X9UhCiNyocgrbLgPk2PF7-2FjRpg-2F8wLx99-2FWpVmv1YILRprY4tYjJHL-2= Ffk-2FFctspz3LALLqDaxtEC6wJmgeTZEBtj5MhO1paRtJ2GK-2BSjliW8nISUSN-2BwRIwjUHA= nWfB8PZRiLKFcmZEuk-2F2wtQDgkyQLLFjkUbXvTjC9IxIdTbw1-2FSyLtfzhkRXfcDFrQhoZup= FVSUW4WjFZxXtWsB1UPfrZvwui-2BTqLty5YJhzw1uS-2BYVqTCpJN-2BFYcEi6qlE1qLGnGPwg= WBJ1huye-2Fllu9JQPPTg7-2FbMcHqMRPg-3D" style=3D"color: #1D5080;" test=3D"" = universal=3D"true">Valor Equity Partners</a>' Valor Atreides AI Fund.<br><b= r><b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.= d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZqfzTXQEvELYF= DyQ-2Fn3ABWSSOw-3D-3DHHuY_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZ= ZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFx= jFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie= 9hL6X9UhCiNyocgrbLgLwtvR0dYtrCocZmh7T2zYirkCoH1v-2FbCW-2FWZ4ZlQ6AMDuyYOZDex= PFk4znzR-2Fh-2Bly3jbbkPnLuJEZv0OQLA-2F8d-2Fu7JZA1JVOlKtr1EM0manVmqU46KwoBs3= CKUc8WF66W9xo2VETuhfLOWJT8-2BirtqSuhP9wyYBGEguL2iZWJR6JY-2Fe1pyqk-2BfVK-2B4= JzkJriQnWL5doZ3XQw4HxwSfb0-2FEdsZBXn88plynf-2F6oqSUpfNzcvrVE957fUbU7IjO8Z7z= hVg6hAytNtXXwPmKdxQfk-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"= true">Fundamental</a></b>, which develops AI to gather insights from enterp= rise data, secured a $255 million Series A led by <a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzXUAeIyEaiIInvefF7nZqfzk5xnHQB21JuFq88M7vtp6g-3D-3DcMhQ_Pr966k= nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILE= sGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZ= l1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYc= vP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgNviQEr8G4VEMq= rqQt3ndH4dLVvT7p-2B-2Bmw1cKHMym13D1E6R-2BAr4UqMhjZzGd1mdf4HMOCVsW99DGeITE8U= 26aX9ryh1UBbTFOrrvbrcPfhTTMw6f4xVi4sOTOfmGoVTgjuoh4St42BzAsB-2FCcoC-2Fq1i4-= 2B-2BdvPNWi5yxi9l-2BWNXeNyoVesXphkOib6I7q87bp14gPrn0l-2F1SE1Xw-2BcEqJtT2i4s= s10e1Zru5PEsrnS75IipgdE-2BSDcSXnjNf1NIewsNOyf-2BkRhAI828N9b-2BSXNA-3D" styl= e=3D"color: #1D5080;" test=3D"" universal=3D"true">Oak HC/FT</a>.<br><br><b= ><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZqfzKvI1lHXh25tPf= -2B50EUNxwg-3D-3DKUod_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43= kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKaf= EikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjB= p6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6= X9UhCiNyocgrbLgMRYMOY-2B-2FSgS0hQaHd-2BagMFqNz-2F1jj5Lqvq-2FLWi9Bq7ipBveJlR= 7C0JdeJDt9nBU-2ByENV4ia0rg7CAiXiSRwg2dTk3DHztl8z9pHdazxd2qphC3CKfmKsdv5LZyV= ViMFvSimDDOTy6UVuTqWJVxXy8VMOnYSzheoJ-2BzReods8zKWxUx5wwTz2-2BOdI5TtqXFadS3= 5zjFESXef-2B4bW72AXcC2oEBES8SbTkhweJ0AXB92hLCZGHE36POKaUwkMBAhmocaxbQGUN7r8= GSv1nVyRxm4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Good= fire</a></b>, a startup researching AI models, received $150 million in a S= eries B led by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?u= pn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZqf= zEHDd538usmTdr8w8e9FZBQ-3D-3DE_aq_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-= 2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObI= QfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2B= mKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2= FI4g2Xie9hL6X9UhCiNyocgrbLgEjDEDZVGAGqnxNJRgCEV56ntUQWG3w-2Fd1O3EftUPKWlSC8= Cs1IVz2d4Cagi9rUb7BIRS7pk4DGPm4UWxQVTngzQlIsZ3J7XwAnejPasnEklxcllbv-2F9dyF3= dWbzCVYK-2FYGZiOVRJT7cXqS8vGKhFH0WvTEonCL7si4WJQMQq9O-2FF64tPPF3oRo-2FZ6Nu-= 2F2PdsZ863uNjlc62CVAyDckkX3ogv-2FfSfd-2FDF6nGl5LdTsaowFfhI564yIWPKPmy8qBiDr= 59pAfJy-2BiirGrE-2B-2FScGs4-3D" style=3D"color: #1D5080;" test=3D"" univers= al=3D"true">B Capital</a> at a $1.25 billion valuation.<br><br><b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZqfzbmYg4GSBbXCM46dEayO-2= Fxg-3D-3DYGa6_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8U= YA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2= FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6B= ULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNy= ocgrbLgO15DS-2BI5xrrTMs4GQCBPhDTxnXPmlqnxSf29G3E34-2B7Yn16fjuZzxg47cefKqb6e= GXJVHwK-2B0iDVcfqmHp05gU8YRc1TuIDrkZ6sDf3JAC4wMFag0DpYVVYP9bsqTr8dIESy-2Ft9= 52kStePCUzZsc0jgCON25ZH5Zhzk23emiwkoIc5lYzpGNq2SbyG0eQAMyzZIgpMwrBnEWzFGBt2= bnKIZPZWTQjeHiIMhvmVnrN5YpC-2B-2F6vFrbh0pJ0mO-2BwvIezWrL0TLVW0t-2Fe28eqgCSh= Q-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Angitia Biopha= rmaceuticals</a></b>, a biotech startup focused on musculoskeletal diseases= , raised a $130 million Series D led by <a href=3D"https://url6380.news.pit= chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns= wouzXUAeIyEaiIInvefF7nZqfz7pi1jT5jCSNYgWVKf4hBZg-3D-3DcHU__Pr966knuaHmaw6c7= pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3Ak= T0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnV= boMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX= 0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgCuyURPyV-2BV8p0pZY9yBWn= Di2O3EYZ5rPCJn2DOnlVsy-2B0eZnSvYYWyd-2BLgLQXky3G4jzbz6UAaDZlf92vGL6nf3v46FD= 52-2FMZ1z2uALllYqv0-2BgNd7tN5Avi1YU-2FdelyvccCk5SE5IvzppxW9-2BSm4lzHeFB1qH2= 82vYOlASLvQ5cjorbSlzT3v-2BmPFIhZXRVtag7NxQPhLFyHhPZpO35cSkC-2B5fU5LNr-2FX3v= 8KACDK4jdmNttxlWCzWQOrlT6Ojbc7svKRO-2FV8XmKw-2Bb5JugO8-3D" style=3D"color: = #1D5080;" test=3D"" universal=3D"true">Frazier Life Sciences</a> and <a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZqfzNHp91-2Fxx-2FQ-2FWaQ= tpdv3cAA-3D-3DAlWx_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM= cVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEik= Vgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6Z= mlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9U= hCiNyocgrbLgLvNKNDGiR443rxyGJomk56FlPijAOnd4vHNT1st0NawY49vGlVSFNPNjsAG-2B4= We9-2B4Ssj7AFTCyhlwq98gch0fyCevrPr7NqJ8NL3zkID31yYGmP3VRwKc4xnHRc-2BaFZxpgW= zQQXi1EmeW0wGeM4fjU8FhVQb85j8GPdiq0cdyrft2i-2BrZOqIRhkxF0oionmHBWf7ZhhlyrLj= gJNlToY7V75dA3AajhQKUZFcc1JxzbmFDtf-2Fs-2BhxxjWgxatHe8Yp1JP-2FiCIVipkcHdyXU= sZiE-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Venrock Hea= lthcare Capital</a>.<br><br><b><a href=3D"https://url6380.news.pitchbook.co= m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeI= yEaiIInvefF7nZqfzeHkm-2BCpR-2BGNqkZ4qdbGX0A-3D-3D_wmi_Pr966knuaHmaw6c7pKvB-= 2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kET= rsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmP= KHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOG= e6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgD2er-2FwJp9KYTHuwtR7Mq-2BSCZ= kDkrZhX3weNl8iN0PRylyVq32Pm8hrZ4jmuYiZ2OJb84gOYRlFC1LjBZwPoyGfEBf7zyK8l4Xcg= z2MtMEZvx8upL-2BvTBtg9Tt9SDYAE6GbwHeHWnGULYMm-2BaJpHSnc1l5ZuAzbC2SXWhRs88jJ= 9AtwS8AN-2Bl2ldnz1vweibZr-2Blg5N7cejQ0GlrH0ids5cx9D5Mv9DnDiEff66H5WxSx8NQsJ= uKg-2BGC8TEi-2Bb0LiqfKB40FF3vjl4xrApwqn7w-3D" style=3D"color: #1D5080;" tes= t=3D"" universal=3D"true">Resolve AI</a></b>, which builds AI for software = development, secured a $125 million Series A at a $1 billion valuation led = by <a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4= n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXUAeIyEaiIInvefF7nZqfz-2BGgEVXUa-= 2FxE4ZynCsr1dgA-3D-3D6It2_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZ= ZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFx= jFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie= 9hL6X9UhCiNyocgrbLgDbNzntmxSFT3kqraKo-2FJDdwOjArLsYSFvxZOXZs0szFADncVOQtIdP= SeRVT9dS5GmX6KftH3xDPkvVB2JcmQ0mq28XunWZFoM5hhfi1eMXDeX9M4fmi68YlXbtZYf4KWF= upGBFEjqcOZe2jPLosJdUFb-2FX3YnN76ajGxqEAHo581dQdIrdgR2OoLyyMfv4vaF1xNvFSVqr= DDZuwM-2FB6VLta6-2BNsiBSAvbGAl0EvaNL3oJXCkMiYO4wXNFx3WBQs-2B5rrLUs2nmdc43-2= BtzM1UM6E-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lights= peed</a>.<br><br> Computing intelligence platform developer <b= ><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrG7CBu0DYFVq= hlO0nloQ8ig-3D-3Dh27k_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43= kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKaf= EikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjB= p6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6= X9UhCiNyocgrbLgHRUSA9xgxqSAsPGizApIIa49sXPnlsZ5VV199ilfQxCL5fVICjXfc7i8V0hT= JBg8xl3gNJFp8b-2FVmjuY3Ty7WEWFj-2By0dTE-2BLKyX-2BV73f-2BAgYoDZkq-2FZVgnjDc9= aTfnCMS-2FvudRt8axcy5DzvpJTFS6vsOAM4jjD7U5ILWCafw563ZkMh0OTlvMnptwndlMPSavU= YIsDbDc5ApMsXrYHH1xCgpnn-2BY-2ByRZjVFBtdneVs-2BdfOqRJ5gTD9VpSYZXYXUo3TxqAag= kZdrsoEOeit8c-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Sy= nthBee</a></b> raised a $100 million round led by <a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrhfmZ-2FCx-2FU30nZpCDBhx-2BlA-3D-3D5nR= G_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2= FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F= 16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5U= Id5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgFnVS0= 7yiUfU9ozq7jTN1N0EpWUgaPvqp6MV7-2B7-2FuGCMOHIwuDM2g-2BxNCR4flfQ1Xeta4dFCgo7= SYUctYJBiKkgahg-2BWo7Fdo2SeO3ceLkAjdRu62QWCnGwf-2F9JUKwlVxPS8Tr9eHAm-2BvlPO= q5-2BC-2FeKfImyS7OIAewdRHikkiAirhc948a2uwQofndUx3DImCM0rZRF5fx0-2FjQ-2Fs8dA= zc3fJb1kllfrhyD3IusKcxqoHVbFgBMwJgzIwi0LcrHJH5nik9gNWDOemmeA0oRa0u4Q-3D" st= yle=3D"color: #1D5080;" test=3D"" universal=3D"true">Crosspoint Capital Par= tners</a>.<br><br> Memphis-based music licensing company <b><a = href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX= 4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrH49oLjQJy5tO0b7= Hexmb1A-3D-3D5Fq5_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMc= Vf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikV= gp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6Zm= lA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9Uh= CiNyocgrbLgLC4pqcEvgMtx4M0h7ye7CKajcqlahuejbHZ0qcqueraQjdSjy94U8uN95TPXV7QE= GDFerT3IBk2aLK-2FwpfiiG0tfZAuq2KIC-2BDaAz6SqJjrFvjksXW5i1JnLzchOmVVhQ9oHly2= SsetvK-2BcRsSlZi3PiJOT8UxkbWxMDapHNxAhTaG26PMBxAiiSFDUTgRridL-2FCWRZKTkAoDG= BHM9RC0SAZVzi0QHEMzTLLlY9iMQY-2B2HZCsqr6OOJprdTHn-2FMcMmt-2FOOsewqMdP-2Fl66= Hxd9s-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Connect Mu= sic</a></b> secured an $80 million round led by <a href=3D"https://url6380.= news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM= 7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrTasFZEtU6suJCzSYHgSt7g-3D-3DD3pG_Pr966k= nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILE= sGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZ= l1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYc= vP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgOTjClnyAiqLdn= zHuxuJDHPis7VS7lWAOxXnAaBIw4zttQEJm0kTAcX-2Bd16SB8ExtSyAoZa9QUTT-2FgDRU2VG9= ikyfu-2Br6n7FWmz2T0v5Q2NMohcnIZaZ-2BH6DfELC9xiu2-2BlpX3ghPxjqSE9svXrFfGBLw6= aABBBF-2B2j00mU35m1X-2FVSEF3GOrNXp1-2Ff7z0MFWkYStuBjdrv8x7xv0XY-2FQeJIZWozw= v776eHDTlF5x4NJoJIoR2TQQ5XN9dLQ9EBgu7pgplYrjlL6L7zkumwktsU-3D" style=3D"col= or: #1D5080;" test=3D"" universal=3D"true">Rockmont Partners</a> and <a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= ylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjruO2EEkKkX7qeqMm3cb= Kgrg-3D-3DaDSf_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8= UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-= 2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6= BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiN= yocgrbLgDWZJ-2F7S4rVgFwf3ThtTvJwCgGxAS2foUK1BHjwG8oJQLsjeBlAmza6Zhm7QBniwcP= -2FVRVVCtG2BX75FJtss-2FE-2BzE9khCN2YMSYze3B6TMzOOx3UPqkcEvMmSNikXsT0QUQ-2Bl= 8N-2FNHYf3Tt7xXXKRJklKfnNgXygaDg6j91Cy2XYpFHfuPK5jxZkqfCrz4aiMuyEIHTdBvOtX4= -2FR5MTrO5DGBBbAtB6qH7ZI4uaI-2FjDiAIKhmG9Esu2DSA1Dc-2BYQBcWF6bWMaADqqhhALMb= OgRw-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Variant Inv= estments</a>.<br><br> AI accounting platform developer <b><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrqbx1HiYxIoqXuQiJBU-= 2Fkjw-3D-3Dlmlv_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf= 8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp= -2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA= 6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCi= NyocgrbLgEOk86Nzi-2FLO0Cazpj8vNS69rijH9hYt54BXSZPocNcE-2B8vh7M7IhdeLE3wDPFy= GiP7cXYhMudRJXAIXVQ7ytfvMNaAe0nZDBbHSAZ3r85-2FEgIGn857yGGbMyNaUe-2F0eJWPL10= IyE9QguCLasIRw62MiXFaU9ACcq2F-2F7wYXexoUUneisMWcTj8jVclrfU7c-2FgaVQM2XSp8he= a7WFmyDG4mJD-2BRqF2vLARb4fDhsltjwpqGaS1FBpFfRy040MDGDc8vG8uojN5QJJxNGdp81Qj= U-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Accrual</a></b= > raised a $75 million round led by <a href=3D"https://url6380.news.pitchbo= ok.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouz= WuI2C-2BrxBELCuvdwNCXZjrSE5d-2FfSi2eVAxPTocBxylA-3D-3DMPvp_Pr966knuaHmaw6c7= pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3Ak= T0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnV= boMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX= 0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgDAzsF9hca3K-2Fc0-2BdVPD= l9MgX4URE-2Bx2HT1ueP3jUlopWylca9jDx2DWs5bqBmhmixpsUqSpLRRntICyECSxLTYvjAQun= PA8aKRVEDHShp5MkmkYMx3P5auIB3v7HuqReUTGzfTABewTlnIhnp6sKIqq07wVuDt0IAx3AMer= WbnUM6GHJwMzO-2BQIMOVfMF-2FQs47MO8E-2BLYmW2hyxKxR9t8bKx3HOOiRuSe1335-2BSEtw= 8xfwufkExr98Id3tpCXlRzEGnfLvL70FKQZsLYcLw1UQ-3D" style=3D"color: #1D5080;" = test=3D"" universal=3D"true">General Catalyst</a>.<br><br> London-based AI-native legal tech startup <b= ><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n7= 3BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrHNHm-2FCPl4= zSo-2FaVzZWCtRw-3D-3DEubY_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQ= VI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZ= ZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFx= jFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie= 9hL6X9UhCiNyocgrbLgFQsjYnU7FGBCsmKh2kv0p3SiJoMtuEdvbkNzWDGrozE1XfvRGIhpm8ih= xm6Ebb-2BFFW-2BqiJP3ff6VL3vchNmrhY31ghcTIAdXXPNZTSthj5qym1jS0Amx6xfAeBKlQtE= fvGd3yC9716K0QwkH0n2cz0eEtvhcvhOdzS33wK-2BVsyiNDfgqG1w4uZIw4Z3jz2-2B0onzGF-= 2F1bGKmxMsXc9ZZxNRG1mhytD6M1-2B5SFsl-2FS8qydIQHScasubQG9QRBSk7CtGrfW8JB14R0= kP1fNQSnn9w-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Lawh= ive</a></b> raised a $60 million Series B led by <a href=3D"https://url6380= .news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Baq= M7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjrX2nbzf0Mq5F6HwemNS8pZg-3D-3Dk69l_Pr966= knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlIL= EsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2W= Zl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhY= cvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgPW9RCvikUgx1= jDCD3en67-2BhVbPZQvOvTGgDst5NyCfNkfi-2B0-2FolchTcFzcv0iS2lCR9914FXrXiIRElo2= 8xAuTU2PMEKG-2FMXt4urx-2FXkx77XM5-2BR7SjJqJ43gr2WxO8OwyrTYBXzjysG8u2mNu6DQi= gCu9Gn-2BVRyp4PjHe-2BauRlzJXZScinM-2BUAvfHuhPD87cX5SXbAbWUKrl2DiiYHvyYFflJM= 4oCpvpGzOcKq4Zo4Dvi0jFR9oCJLI-2FwMzqapnXsmjLjAvLsb3E7NkobAAFQ-3D" style=3D"= color: #1D5080;" test=3D"" universal=3D"true">Mitch Rales</a>.<br><br> Dutch identity fintech startup <b><a href=3D= "https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7= SpSWIrf6GFa-2BaqM7ONnvsnswouzWuI2C-2BrxBELCuvdwNCXZjr25vi9ygwlaieNwp3VpLGkA= -3D-3DHjrM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA6= 8NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiV= Um6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULL= foutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocg= rbLgOcicec56KqQWrg-2Fo7agN-2BfVupiIHB6W6kI3gw9lHpQqvTTGM7invVFKZOqlcwVd9L1R= Y539sFm-2BhZfdiLR9TS3ohMVr7UuTen66uybc0zmBM-2FxYZwvDZVzkyYQR-2F70JJH883maXT= f2WoiNj0Qq5Kd1Eqhfuy2Un1v7SK4sapbReg8JeyonFrYlLO5JO93iOn5m92xYXXxDyhDNxvVIl= ttOI-2BZ5j4YuxCE-2FVNzV0dlTkGbu3y3EYOSDnjHO-2BIMoeF3mhdFtGhi39h9t8QuiMwSk-3= D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Duna</a></b> rece= ived a =E2=82=AC30 million Series A led by <a href=3D"https://url6380.news.= pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnv= snswouzXiCb9ZYXKPJw-2BgVhJ-2BAo7wAkoC1yETkcXTZviid3ERTQ-3D-3D58wS_Pr966knua= 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fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>PE Deals</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table lang=3D"x-content-area" cellpadding=3D"0" = cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table lang=3D"x-content-area-main" cellpaddi= ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td valign=3D"top" align=3D"left" style=3D"pa= dding-bottom: 20px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;"><a test style=3D"colo= r: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3D= u001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzWUzh6RNTUu9g20jPQdSaoos-2B= mwzs5UPo91gBV7E-2BQ04w-3D-3DJoSU_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2= BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQ= foEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2Bm= KYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2F= I4g2Xie9hL6X9UhCiNyocgrbLgE1CKtBpoREyxaFBX8BW9KQY3exmh0WUTQi9mpsMsZenuGpAeP= bkUdKRyElDNE8ZI5wt8NG-2FYkHyqA3hFG-2Bwx3KyxKl0pBlHLoZ6r7fwC6BykSDwQMmiEU2CT= -2FoBKD0IDWbaj060V-2FR5mrn2fnIbMUXoBSDaVWcB8-2B8m3KfQil7zikT8QfvtDFj4dgWibW= eAXDYMWa-2FGCezGrXO7kB1Knf4iMZIZuuPie7UmjIixUcH329svEElLV7en-2BUkQA37IPqBPz= 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<br><br><a test style=3D"color: #1D5080;" href=3D"https://url6380.news.pit= chbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsns= wouzWUzh6RNTUu9g20jPQdSaooRtsOuL3GTYlJW8wRMHi4pA-3D-3Drbip_Pr966knuaHmaw6c7= pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3Ak= T0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnV= boMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX= 0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgMJb2YrgvLWmxYAM4lIUs2s1= rjHSUmcwUgwygK5Iai0rP4I28-2B-2BlUD8ToOztOkPRY57EqWSVKwodMcnSk-2BV858otjqDag= 4-2FBOtV0D2Wf0QKqT-2FHXU6L-2BNkSu7vDVAkIpodjYuc-2BjhfwjjlFHTtFPGc6oqTthBNQg= qE9MkJB03D7vZEGD58qbkNLRXAfrC3SJ8bnQ6sBNBSs3wGDOpZr3xPMDdWg0Fi2hzIh3FHKugLA= Z23-2BrZBW4G7B49-2B9ozkqwC-2Fh9nMyPYVxlynJ2839IPLs-3D" universal=3D"true">L= ightyear Capital</a> agreed to acquire mobile parking payments company <b><= a test style=3D"color: #1D5080;" href=3D"https://url6380.news.pitchbook.com= 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niversal=3D"true">Allwood Recycling Solutions</a></b>.</td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 6px; min-height: 6px; line-he= ight: 6px; padding: 0; " colspan=3D"2"></td> </tr> </tbody> </table></td> </tr> </tbody> </table></td> </tr> <tr> <td style=3D"height: 20px; min-height: 20px; line-height: = 20px; padding: 0;" colspan=3D"2"> </td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group-header" cellpadding=3D"0" cel= lspacing=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff;= min-width: 100%;"> <tbody> <tr> <td align=3D"left" style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Exits</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-main" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td align=3D"left" style=3D"padding-bottom: 2= 0px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;" valign=3D"top"><a hre= f=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cu= 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3kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKa= fEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFj= Bp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL= 6X9UhCiNyocgrbLgCqevWvC6Cii8rwLjSxFXalHsZgPzwybfl5wyaJxS7kYsENCg7QoeqHUikUl= 82T4NFOpSYDXCbY-2BTtSzsYQVOw5fHpEh3s2U0YRoWPYwZBTQzhxOjsTl7yMLRby6qp4XJzkw9= FZ-2FZ8E2TwijNO-2FmnhBfQ-2FFsold6TgCJnvBNgEpqLcDFBOmIrWFkv-2FAOOzp-2BMALNxp= JIT9F5pfybg6VPSs1SnThMP2Vs2q4LGNbfYuda4ChGbuZIrueYEvZMHZ6A1joOzIuVsd2FZyTNg= nUJdv4-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ontario M= unicipal Employees Retirement System</a> hired <a href=3D"https://url6380.n= ews.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7= ONnvsnswouzUN10RlLOH-2F888JBN4hCPoNXn7uxHc37tA7sbMaY46NQw-3D-3Dc83g_Pr966kn= uaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEs= GrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl= 1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcv= P-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgMW1Ws1Y-2FNTrQ= 2lEy-2BtbT1gR64Irj7XtuY3N3SbT8zuidyG1-2BS4Ck8Xqz9lDNOabeqgLX5C2h4b9u7y9w6ZJ= P7ywokT-2F9H2474pc2hgaNONU2JDr-2B86sg3wEBgEbFVoU-2BXuOf1MZc-2BuwWaXlP9ouTor= ErqnecuxxUb1D8DPVJtAQOKhRL2T-2F2fFiMeOj2La0p7OQQ06E5bkaLK89QjpWWIF3CYtNqJ0t= U1iuDJU3d3SJMDZZHJKMd1X6QW-2FG1LXppA69PSmgxS1CwNxFoS-2Bhn1s-3D" style=3D"co= lor: #1D5080;" test=3D"" universal=3D"true">Morgan Stanley</a> to explore s= elling their stakes in <b><a href=3D"https://url6380.news.pitchbook.com/uni= /ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUN10RlLOH-= 2F888JBN4hCPoNnxZTTVCD0ELGb2Voa6K4RA-3D-3D6QGg_Pr966knuaHmaw6c7pKvB-2BCEiDn= j5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcG= BHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsy= Nijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWL= k7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgLt52ppFq-2FWX1Y7Y6B4yzAYKd-2BzKNn0B= L96b-2BE60PMsEo-2FHdZela5Vsl1a84HOQRegnJhlb5Tf31GZsGAMxeuhy9BQgpI7yKkWT-2F1= mNczfReY50cVM2ISYD4aI96m9XOM78PGvVax5aGdGFz9ebpK87dQDThTmuo6zg21cKf2cExxRdx= gj2FVnBAVsEN2-2FDEsEinPuPMCsMNemFMdYQMvcYWehtYOmNjcSHVMlVEzSHI39X0Ky-2BLhJd= 0YcnGjK-2B4WWrekjPUSwU1dm53GToiVJU-3D" style=3D"color: #1D5080;" test=3D"" = universal=3D"true">Associated British Ports</a></b> in a deal that could va= lue the UK group at over =C2=A310 billion, the FT reported.<br><br><a href= =3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuy= lw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUN10RlLOH-2F888JBN4hCPoN996tDCr1dtt2eU-2B3C= OlR0A-3D-3Dnka4_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf= 8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp= -2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA= 6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCi= NyocgrbLgGeVDx-2BsfE6Dx-2F0aZTsPWc4DHN8Q9RYfiQ74vraNbIlDQITRnYCUa3pXzUQXm-2= FvwCUwYZUjph-2BgBPGZFVC3Xk2y-2Fq6nkCb-2FfnS9c60vj0BdCHEgnc0EYf-2B123N3MrXU2= 7HZSGIQE90WxHE1j2L8sl6nJ3-2BvJZzgCvO5cJmq-2FwMPZWt4sRDpv4G9J9tEOIlnTtSDcD63= RSFWrTAIuiEJ3DWDKQpMT-2BoCZyrohgJo3W0DRVyyph3g2i2WZNQgAll-2B2-2BNQP79ROsqiV= IpYxcf-2FLBME-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ne= os Partners</a>-backed electrical distribution company <b><a href=3D"https:= //url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf= 6GFa-2BaqM7ONnvsnswouzUR2aUXD7-2BIfHK0pn8YAB982ilC0fRJcMVOifCJ4b5JQQ-3D-3D_= jMM_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS= -2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-= 2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM= 5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgBF3= 1MuaDPnv-2F9E-2FxIALMV47prm57uOuRKECrMzvQQIe-2FfOmiVDt2Te3u87YLWxqJ0Gdqir2R= evWuz0NjJAk8YsFtYjNdtIbkQ-2FK1miXCfyutg9ytiNdzZJgG38Yl-2F1q89GmIjck3qyPyzCn= oUCvPkgNUYXh72e-2Fm0k9pGQLxMZ37qviEwnnTo7792BjFBNrvzACo3H6Us8BotTwqSNmn4YPR= F6vYHJo8tmyLrvWEbE1vo13FQB2KmsqCccPF725SFEh-2Fd6ChK-2BssVBMDlDKxYU-3D" styl= e=3D"color: #1D5080;" test=3D"" universal=3D"true">Forgent Power Solutions<= /a></b> raised $1.5 billion in its US IPO.<br><br><a href=3D"https://url638= 0.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2Ba= qM7ONnvsnswouzUR2aUXD7-2BIfHK0pn8YAB98Wtg4V6lCIcarVnnhiczTug-3D-3D-0W6_Pr96= 6knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlI= LEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2= WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5Gxh= YcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgBcQ3qRn2rZd= oDX8Xxoz93fbgE77Wl6hOdFGkWXHHZp3z1So6HsCfylP9jLwr-2BieadTUkXQAhsa819CEQbH-2= BNSxv-2BbU3EunY4DoEugHmaUqHGYNVvNcmhmc9GxDeKMeE5cKamL1odrVo97FBZz1I0XHbrsAT= OZ-2Fk8j6PqLsYR1wQM3p1SQHED37enj-2B3Gqbft1WLEB7-2Br2ZlVpF-2BTnV31S6SMN6bydV= mddvcZ-2FwngqEZHjkEw-2B4OCQtzP0WpelC-2BS1fF8uAGUU-2FyfshES0N1kMY-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Bain Capital</a>-backed f= urniture retailer <b><a href=3D"https://url6380.news.pitchbook.com/uni/ls/c= lick?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2aUXD7-2BIfHK= 0pn8YAB98X-2FEn6vIFzLQtt0IBLrHTuA-3D-3D8OlG_Pr966knuaHmaw6c7pKvB-2BCEiDnj5U= wlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw= 2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNij= bsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7j= hh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgCm8YSp5yq1Gb-2FnvJ-2FPaZ85162JsR2AAFgW= CB1AUsj9UmZQ2JjxQYYLZine6r0MKlEOYU8jH72eXXZ3lmS2zgQP8lMqjd6-2FAmEIXYcZDKrlg= l5IWXVMEBLHVz5KMTrcdU2-2BPxcJLxCK64aUljmXlabdG-2FniAxtqFib7FYmRe0wsaDZ9tGLT= ElSk5m0zlDM7eGnm1TNknzLyzTDi5TzeJbrF06eWajzjq2kOJpcNFow4Dw5C68ac3b-2B97vo5Y= rf-2F6OaakyhBDSeFpi2IGlSbeY40-3D" style=3D"color: #1D5080;" test=3D"" unive= rsal=3D"true">Bob's Discount Furniture</a></b> raised $331 million in its U= S IPO.<br><br><a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?up= n=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2aUXD7-2BIfHK0pn8YAB= 98NSPBay-2FWvQ0PHwFYPkOPqg-3D-3D6dr-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0Y= QP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzP= ObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg= -2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V= 3-2FI4g2Xie9hL6X9UhCiNyocgrbLgB07Im6mIdiRtLQfjVAfDXCRtKj3rGjri0wKVvYVEclyPj= o8XLaoDFApxetTDugyc5Clzj-2Bvaytj3Xte90oNNSs86JZPa5-2Fa5MP410YP2lDkeRZa6pqp-= 2BXstziBvNpVEqSJowllG0maJkhNJr7OmkVAjNsjHA5f8E2jV7I-2B3TMtJ7MbyrkiWi-2FFciW= 6lziEnNRY8ed8WtUBC6fCWmgTKj358T4lFBmp1ce25rD8a1c-2B89QMKLJqMvX5HFv-2BrslZG6= sxkly4HLNyLg5eoz2eOkYY-3D" style=3D"color: #1D5080;" test=3D"" universal=3D= "true">Blackstone</a>-backed <b><a href=3D"https://url6380.news.pitchbook.c= om/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2a= UXD7-2BIfHK0pn8YAB98bZQC3eVEoYE4phk0W7nBYQ-3D-3DTZiS_Pr966knuaHmaw6c7pKvB-2= BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETr= sGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPK= HF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe= 6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgJ2LNzK3vREd2f26LTdjlJXk5KWF1e= 6FsienuWO9wRu8O8gKNF8Qf7tDqjGRjhxzr2wLcZfviEGhUBYehhfntlegxEJit1kpXtbYxGz3A= ZmR4hbdtvY5dIwQsRToTksQpVnsa8FsQpvsaV4-2FRoDh97BHLvLpHCPn1FNI0PFO2yMh6-2BNE= 76EP7E-2Fmc-2F5NZLh0-2B6GQTm4xXyNr4uvWc5dcUTKuZmrzw7KIjkfti2bldvLmY1FALwQd7= Kh8JSvSpWAQi-2F5-2BBLG9excoR-2Fc4sRCHLJ0-3D" style=3D"color: #1D5080;" test= =3D"" universal=3D"true">Liftoff</a></b>, which specializes in AI-powered m= arketing services, postponed its IPO with a targeted $762 million raise, Bl= oomberg reported.<br><br><b><a href=3D"https://url6380.news.pitchbook.com/u= ni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2aUXD7= -2BIfHK0pn8YAB98HJPsS8Ig7MnJLrPrRpaLyQ-3D-3D6UhJ_Pr966knuaHmaw6c7pKvB-2BCEi= Dnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUm= cGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2w= syNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgX= WLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgHHido8X9yApm-2BrVjcajyojKv09y5G0T= 4DmSQLxjvI2DGuZIPbENXv9C8LEfQ0wVuofjOkciG71cq9GuP456DpWgBD7GkIMDULvQ-2FnjNM= FRPzA3ErOF4W0bnsyd5s1iBpQ0HRslkinxXBby-2BBN6PD0mb0AI6-2BPq3GZ3A-2BeBbMWPKGO= ule-2FWNEl0aHG8Myfj9yXMngNcMzwR4aIIJAel7khWfLRCWXudZWMHO1pknT2HoDbWN7bsFpm5= 4eFfLalVQHB-2BWl4DC-2F55QhHR0yBVOvKo-3D" style=3D"color: #1D5080;" test=3D"= " universal=3D"true">Generate Biomedicines</a></b>, a drug developer backed= by investors including <a href=3D"https://url6380.news.pitchbook.com/uni/l= s/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2aUXD7-2BI= fHK0pn8YAB98kzqSw9uKGWOS21zqZHFgWQ-3D-3DaeU-_Pr966knuaHmaw6c7pKvB-2BCEiDnj5= UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBH= w2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNi= jbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7= jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgI5WlRtoeunl5yjfz81UuUNTGUc1rLNM5UqMnY= Usve-2FBNzwBeavScZgo8PONuMRHLAZ-2BtOSjLmOovJYG-2FcLSRd46wiBASm08zpuSZDKv5I5= xuKu8fzs6-2FI4KokL6MYWJtLR40OVJXVGPuYNkQkGc-2F6EBb1NNr5P6tOTRbiex9voX-2FpK1= 6K18jFy3ydceievKGaj2INP3zPeOZTdFTyX-2FU0lNhpMWeplg2HphMMXkwpPOmHKihD9l5Li7T= -2B459tMSzVXh7PCb4M8t2KsKvaeUwEk-3D" style=3D"color: #1D5080;" test=3D"" un= iversal=3D"true">Amgen</a> and <a href=3D"https://url6380.news.pitchbook.co= m/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2aU= XD7-2BIfHK0pn8YAB98iAHgZwdy3hcZrWYR0XBhdg-3D-3D6Aro_Pr966knuaHmaw6c7pKvB-2B= CEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrs= GUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKH= F2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6= BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgBTDnBOgKIw4FZ5HwZqFLhc2ow7-2By= 1oZaUjzJha25Ut-2FgI3Zf-2BtPx-2FLDT9dE9lvBa7anGU2th8DPgFqklbebo5-2FebArRVtI-= 2FMevkyJYdh6SWZL7DlnpRi4vyzXFt4RMxPTTKYY3dXQ20OUXavrVcJR0mh4aIp3fbyPK1Wcpvj= vzTPeXeXOqQ71xn5qo7mz8u4rQfGq9WUEQKNBR829eDJY3TPY08ZSInmP9sh3b1GGIIF3YbWUZO= tGk0dCG1UehV3VdyzavBsEI6JT5sRHiwG2s-3D" style=3D"color: #1D5080;" test=3D""= universal=3D"true">NVentures</a>, filed for an IPO.<br><br> Utah-based rare earth minerals company <b><a= href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73Br= X4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzUR2aUXD7-2BIfHK0pn8YAB98sKSixmcGK36MZ4= OW4iYnDA-3D-3D2pTB_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbM= cVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEik= Vgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6Z= mlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9U= hCiNyocgrbLgL-2BDedKfjDXaXzmOeqNEYoBBIhL2EuCzVsnXrwNrjwsJLbQh-2BauI2wCDA2I1= Z0WmB8vbVcLIl8iPZ7F5-2FYhH5rCBdiCuGQmjrUS8VFWfnuRZ8NJSBUZ-2FwOAOV8vKHB5CybL= YShgte374JBHZhgxrJw1sbqDO3f0oEGk-2F-2FGhduKUaOiC6h6jR4yYmBFzXJqvjOP18ALnFgW= 6pafN1QL8yKnCGbdR9B-2BYX6VGMsYQxhaObghjP1-2FiyhLiu4W7nRCvK-2Bc9ZP7Zh3FijZgQ= RRkgyETM-3D" style=3D"color: #1D5080;" test=3D"" universal=3D"true">Ionic M= ineral Technologies</a></b>, which is backed by <a href=3D"https://url6380.= news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM= 7ONnvsnswouzUR2aUXD7-2BIfHK0pn8YAB98v1i6x1DlBuNE2aRdKQXcSg-3D-3DJtNr_Pr966k= nuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILE= sGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZ= l1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYc= vP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgKN99en1EYTqlw= sn5MScp8LdR-2Fek8Vw7plsTZpKh97d-2BK23YSiAv6BnfELieb2jxHTlJcc0YuJcJEtj6bDRPz= Mom-2B4CEkLKdm31scwtyMpSoulMTT2o2IbRbwu30-2Fg7zI4yLnu5XrDFyq6QBdo1gAyNBYMVe= 4VsSpqClmrEWjD0nFSDKjghtxNuAeTbDgZPGkEeAGNOhDphTo-2F-2Byk4fynbWkda-2FOsqQSH= JQXHJ9c1WWr-2FUxjWM-2BzvFJubP-2BYyOMNm-2Fmqg8AlyUXKD45JR-2BwshmQ-3D" style= =3D"color: #1D5080;" test=3D"" universal=3D"true">Climate Capital</a> and <= a href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn=3Du001.d4n73B= rX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXdTI27dhf7qczdHM-2BzoV6-2BBruftMqfd52= X9Ku-2BZdEFkA-3D-3Dr_bz_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0YQP-2BHR4BiQVI= 43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHzPObIQfoEJXiZZK= afEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbrg-2BmKYSQUFxjF= jBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86V3-2FI4g2Xie9h= 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style=3D"padding: 22px 0 0 21px; fo= nt-family: Roboto, Arial, sans-serif; text-transform: uppercase; letter-spa= cing: 1.5px; color: black; font-weight: 800; font-size: 16px; text-a= lign: left;"><span>Fundraising</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table lang=3D"x-content-area" cellpadding=3D"0" = cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table lang=3D"x-content-area-main" cellpaddi= ng=3D"0" cellspacing=3D"0" border=3D"0" style=3D"width: 100%; min-width: 10= 0%"> <tbody> <tr> <td valign=3D"top" align=3D"left" style=3D"pa= dding-bottom: 20px; font-family: Roboto, Arial, sans-serif; color: #000000; font-size: 14px; line-height: 22px;"><b><a test style=3D"c= olor: #1D5080;" href=3D"https://url6380.news.pitchbook.com/uni/ls/click?upn= =3Du001.d4n73BrX4Cuylw7SpSWIrf6GFa-2BaqM7ONnvsnswouzXdTI27dhf7qczdHM-2BzoV6= -2B5nqBLpKYFYT-2BCY2EDPTz9g-3D-3Dro9l_Pr966knuaHmaw6c7pKvB-2BCEiDnj5UwlJYL0= YQP-2BHR4BiQVI43kbMcVf8UYA68NVR6FS-2FQhIlILEsGrR5GV3AkT0kETrsGUmcGBHw2TFCHz= PObIQfoEJXiZZKafEikVgp-2FiVUm6pE0-2F16xIb2WZl1ufjM2VnVboMmPKHF2wsyNijbsgbbr= g-2BmKYSQUFxjFjBp6ZmlA6BULLfoutEuM5UId5GxhYcvP-2FcCZNX0skOGe6BgXWLk7jhh4B86= V3-2FI4g2Xie9hL6X9UhCiNyocgrbLgA2hEC3QpPt8RSd012UNvVSC4p3y7lqCCMD2JPM2uRE7W= j0H15ZgBspyRWm-2FygOrAH-2BI-2B4JKWgBHljILRuhYw5GElhL7YHtxu48HNHeBOVDZcj98jE= qgnziGAMbM69p5dMAXy3OYk5sJ4PuRhfGA5gIGVo9Wsahexjli0klQTjp7NfIGOBOQp8U2hU-2F= 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left;"><span>Chart of the Day</span></td> <td style=3D"min-width: 20px; width: 20px;"> </td= > </tr> </tbody> </table></td> </tr> <tr> <td style=3D"padding: 0;"> <table lang=3D"x-news-group" cellpadding=3D"0" cellspacin= g=3D"0" border=3D"0" width=3D"100%" style=3D"background-color: #fff; min-wi= dth: 100%;"> <tbody> <tr> <td style=3D"padding: 10px 0 0 0; font-family: Roboto,= Arial, sans-serif; color: #78766F;"> <table lang=3D"x-news-group-content" cellpadding=3D"0= " cellspacing=3D"0" border=3D"0" width=3D"100%" style=3D"min-width: 100%;"> <tbody> <tr> <td style=3D"padding: 0 20px 0 20px; "> <table border=3D"0" cellpadding=3D"0" cellspacing= =3D"0" lang=3D"x-content-area" style=3D"width: 100%; min-width: 100%; "> <tbody> <tr> <td> <table border=3D"0" cellpadding=3D"0" cellspa= cing=3D"0" lang=3D"x-content-area-top" style=3D"width: 100%; min-width: 100= %;"> <tbody> <tr> <td valign=3D"top"> <table align=3D"center" border=3D"0" cellpadd= ing=3D"0" cellspacing=3D"0" lang=3D"x-image"> 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