Private Equity 24 Hours

Last updated: July 7, 2026, 11:30 AM ET

Private Equity Dealmaking & Fundraising Activity

Private equity firms continue to actively deploy capital across diverse sectors, with a notable surge in AI-related investments and a sustained appetite for professional services and niche industrial businesses. Norm, an AI law startup, secured $120 million in Series C funding led by Khosla Ventures, achieving a $1.2 billion valuation. This deal underscores the growing trend of venture capital and private equity backing AI-focused companies, even those in specialized legal tech. In a similar vein, HR tech firm Corestream, with the capital infusion aimed at fueling the company's expansion. Meanwhile, North