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CADDi raises $89M

Chicago, IL-based CADDi, a procurement solutions provider for the manufacturing industry, has raised a $89 million Series C funding round.

Sensors Data raises $44 million

Sensors Data, a Chinese user behavior analysis and solutions provider,  has closed its Series C financing totaling $44 million.

Pony.ai raises $112 million

Autonomous driving solutions company Pony.ai has closed a Series A funding round of $112 million.

Nok Nok Labs raises $8 million

Nok Nok Labs, a Palo Alto-based company founded in 2011 that develops authentication software, has raised $8 million in Series D financing. The investment was...

Shanhai Capital to acquire Analogix Semiconductor

Analogix Semiconductor and Beijing Shanhai Capital Management have entered into a definitive merger agreement under which a consortium led by Shanhai Capital will acquire...

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Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.