A quick read on the week, 114 deals and $157.3B raised. The highlights, not the whole list.
Anthropic raised a 65 billion dollar Series H round, reaching a valuation of about 965 billion dollars and becoming the most valuable AI startup. The round was led by Altimeter Capital with participation from Greenoaks, Dragoneer, and Sequoia Capital.
A disclosure by listed firm Kaipun implied DeepSeek completed a funding round that lifted its valuation to about 351 billion RMB. Sources say the company has already begun raising a second round.
StepFun, a foundational AI company based in China, raised roughly 2.5 billion dollars, ranking among the top fundraisers in Asia in the second quarter of 2026.
DayOne, an AI data center developer headquartered in Singapore, raised about 2.5 billion dollars, one of the largest Asian venture rounds of the second quarter of 2026.
Munich defense AI company Helsing closed an oversubscribed 1.8 billion dollar Series E at an 18 billion dollar valuation. New and existing backers joined, making it one of the most valuable private defense companies globally.
Stripe teamed up with private equity firm Advent International to make an offer to buy PayPal in a deal valued at more than 53 billion dollars, one of the largest technology acquisitions in recent years.
Uber agreed to acquire German food delivery company Delivery Hero for 41.50 euros per share in cash, valuing it at 14.8 billion dollars, with closing expected in the second half of 2027.
As part of the Uber deal, Delivery Hero agreed to sell its operations in 14 overlapping markets to New York firm SSW Partners for about 1.6 billion dollars to address expected EU antitrust concerns.
Chicago based Motorola Solutions agreed to acquire D-Fend Solutions, an Israeli counter drone technology company, for 1.5 billion dollars.