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2 articles summarized · Last updated: LATEST

Last updated: May 16, 2026, 11:30 PM ET

Private Equity in Tech

Nectar Social secured a $30 million Series A led by Menlo Ventures and its Anthology Fund, reflecting renewed investor appetite for AI‑driven marketing platforms after early‑stage burn concerns. Meanwhile, Cerebras Systems survived a near‑bankruptcy phase that saw monthly losses of $8 million, positioning the company for its 2026 IPO that will likely value it at billions, underscoring the sector’s resilience when high‑capex AI ventures prove viable.