DailyPay Completes $200M ABS—Debt, Not a New Equity Round
DailyPay's second $200M ABS lifts receivables-backed debt capacity to about $1.4B. It is debt financing, not a new venture round.
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Workday Agrees to Acquire C1.ai for Agent Identity Governance
Workday signed a definitive agreement to acquire C1.ai, adding identity governance for employees, machines and AI agents. Financial terms were not disclosed.
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Stryker Commits $400M to CMR Surgical and Secures a Buyout Option
Stryker agreed to invest approximately $400 million in CMR Surgical, become the exclusive U.S. commercial agent for Versius and secure an option to acquire the rest of the company.
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IonQ Agrees to Buy Elisity for Up to $1.3B in Stock
IonQ signed a definitive agreement to acquire Zero Trust security company Elisity for up to $1.3 billion in stock, including as much as $150 million of earnouts.
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Ubitium Raises $14M Seed After Its Universal Processor Reaches First Silicon
Ibex Investors led Ubitium’s $14 million seed round after the German chip startup demonstrated first silicon for a processor spanning sensing, inference and control.
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Undecimal Bio Raises $18M Seed to Push siRNA Delivery Beyond the Liver
4BIO Capital and IQ Capital co-led an $18 million seed round for Undecimal Bio, an Eleven Therapeutics spinout developing AI-assisted siRNA delivery conjugates.