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Last updated: August 12, 2026, 8:42 PM ET

Venture & Growth

Thrive Holdings raised $2B at a $12B valuation from SoftBank, D1 Capital, and Altimeter Capital to deploy AI into enterprise workflows. Meanwhile, Index is in advanced talks to lead a $500M round for a new AI lab founded by a Deep Mind researcher.

Private Credit

TDR Capital is exploring a sale of Arrow Global, the British private credit manager it acquired five years ago, amid a surge in private credit dealmaking.