PitchBook

2 days ago | pitchbook.com | Jessica Hamlin

It’s no secret that President Donald Trump’s tariff policy saga clouded buyout managers’ ability to transact and get capital back to their limited partners. But the scale at which the trade war has impacted even the largest and most exclusive private market fund managers is just now coming to light.

3 days ago | pitchbook.com | Andrew Woodman

Courtesy of Louis Trerise Amber, an Australian startup that makes software for smart energy storage systems, has just raised $29.6 million (€26 million) in a round led by ETF Partners to fund European expansion. Headquartered in Melbourne, Amber provides software that automatically charges home batteries and electric vehicles when power is cheapest and sells it back when prices are high. The company accounts for 40% of new automated home batteries in Australia, its largest market.

3 days ago | pitchbook.com | Jessica Hamlin

Featured image by Alexander Tamargo/Getty Images for Thoma Bravo Thoma Bravo completed fundraising for its latest flagship buyout fund amid a challenging fundraising environment for private equity. The software buyout behemoth gathered $24.3 billion for Thoma Bravo Fund XVI to continue its software buyout strategy, the firm announced on Tuesday. The figure comes directly in line with its predecessor vehicle, Thoma Bravo Fund XV, which closed at $24.3 billion in December 2022.

4 days ago | pitchbook.com | Rosie Bradbury

Loic Venance/Getty Images Sequoia is the latest blue-chip VC to invest in an indie cinema powerhouse: It led a consortium to invest $100 million in art house streaming service Mubi, valuing the company at $1 billion. It represents part of a growing interest among VCs in investing in media and entertainment production companies.

4 days ago | pitchbook.com | Leah Hodgson

Plug and Play Tech Center has topped the list of the most active investors in European AI since 2020 as momentum for the vertical accelerates. In Q1, for the first time, AI and ML topped SaaS in terms of deal value, ranking behind only fintech. As of May 27, €7.5 billion had been invested across 961 deals, according to PitchBook data. At the current pace, deal value is projected to surpass 2022’s peak of €18.3 billion.