Private Equity 24 Hours

Last updated: August 1, 2026, 11:30 AM ET

Venture Capital Funds and AI Investments

Index Ventures raised $2 billion across three new funds, bringing its total available investing capital to $3.5 billion. In a significant development for artificial intelligence, Safe Superintelligence secured a reported $5 billion financing round backed by Nvidia. week's funding landscape also saw Commonwealth Fusion achieve a billion-dollar deal.

Private Equity Deal Activity

Platinum Equity acquired Tangent Technologies, a manufacturer, from Sterling Group. In a separate transaction, AEA Enterprise-backed Meritus has completed the acquisition of Metroplex Welding Supply, an industrial gases distributor. Meritus operates a network of distributors for industrial, medical, and specialty gases, alongside welding and safety supplies.

Fraud in VC-Backed Startups

New research from Imperial College and Emlyon Business School suggests that venture capital-backed startups are committing more fraud. The study outlines how Silicon Valley founders engage in fraudulent activities and highlights the role investors may play in these instances.