Databento Raises $97 Million to Rewire How Wall Street Buys Market Data
The Salt Lake City company’s oversubscribed Series B, led by NEA, is a bet that the market data industry works…
Journalist
Ray Termsheet
Follows the money in the data economy: venture rounds, M&A, and strategic stakes across data vendors and infrastructure.
Zhipu AI Books $4B in Hong Kong Listing, Beijing’s AI Champion Goes Public
The Chinese large-language-model developer's Hong Kong share sale marks one of the biggest AI listings outside the US this year,…
Nvidia’s Voice Bet: Gradium’s Seed Round Balloons Past $100M
A $30m extension pushes voice-AI startup Gradium's seed round north of $100m, with Nvidia joining the cap table — another…
Equifax Drops $750M on Mexico’s Círculo de Crédito
The credit bureau giant buys its way into Latin America's fastest-growing credit market, betting alt-data scale beats organic build-out south…
Vista, Quinti Circle Criteo In Reported Take-Private Bid
Two private equity shops have floated an offer for the retail-media and ad-tech vendor, per Reuters — a potential exit…
Kikoff Buys Credit-Data Furnisher TSB, Terms Undisclosed
The fintech consumer-credit builder acquires The Service Bureau's furnishing tech and client book, folding a plumbing-layer data vendor into its…
Legal AI Startup Norm Crosses Unicorn Line With $120M Khosla-Led Round
Norm's Series C values the legal AI outfit at $1.2 billion, the latest sign that specialized, high-stakes verticals are where…
Nscale Lines Up $900M Credit Facility for AI Buildout
The GPU cloud upstart adds nearly a billion dollars in revolving credit as it races to expand AI data center…
SAP Buys Dremio to Feed Its Agentic AI Ambitions
SAP adds Dremio's data lakehouse query layer to its stack, betting that agentic AI needs governed, queryable data more than…
Nomerra Bags $2M Seed to Untangle Private Markets’ Paper Trail
A tiny seed round bets that AI can finally clean up the PDFs, capital calls, and side letters clogging private…