Celestial AI, an AI-accelerator company with a proprietary hardware and software platform for machine learning chipsets, has raised USD56 million in a Series A investment round led by Koch Disruptive Technologies (KDT).

WestBridge portfolio company APEM has completed its second acquisition in seven months, as it pursues ambitious growth.

Midas, a retail investing startup that gives access to US and Turkish equities in Turkey, has raised USD11 million in equity funding in a round led by Spark Capital and Earlybird Digital East Fund.

An investment consortium led by Signet Healthcare Partners, Bionpharma, Inc and GMS Capital Partners has formed Pharma Nobis to acquire Fagron’s US contract manufacturing business.

Pillow, a DeFi (decentralised finance) startup that helps generate yields on crypto, has raised USD3M in seed funding led by Elevation Capital and a host of prominent crypto angels, including Scott Lewis (Co-founder, DeFi Pulse), JD Kanani & Sandeep Nailwal (Co-founders, Polygon), Prabhakar Reddy (Co-founder, FalconX), and Aniket Jindal (Co-founder, Biconomy) and industry stalwarts like Ramakant Sharma (Livspace), Farid Ahsan (Sharechart), Kush & Sambhav (FamPay), Mukund Jha (Dunzo) amongst others.

A CC Capital Partners-led investor group is looking to acquire market-research firm Information Resources Inc (IRI), according to a report by Bloomberg.

Lion Equity Holdings II, an affiliate of Denver-based private equity firm Lion Equity Partners, has acquired Elkhart Tri-Went Industrial (ETI) from Aalberts, a Netherlands-based manufacturer of mission critical technologies.

AI-driven cancer detection platform C the Signs has raised GBP5,000,000 in Series-A funding round led by MMC Ventures.

On the heels of completing Y Combinator’s 2021 Summer Batch programme, connected training app The Breakaway, has raised USD2.9 million in a seed funding round.