Deal Club Deal Club Private Equity: Inside the AI Unicorn Investment Landscape The artificial intelligence sector has emerged as the most dynamic frontier in private equity, with AI unicorns commanding unprecedented valuations and attracting billions in capital. An analysis of the top-tier AI unicorns reveals a landscape where innovation meets extraordinary financial opportunity, creating exclusive investment territories for sophisticated private equity players. By Katarzyna Lomnicka • 3 min read
Deal Club SandboxAQ Investment Tagline: Securing the quantum future through AI-powered cryptography and simulation Industry Enterprise Software / AI / Quantum Computing Total Raised $950M Headquarters Palo Alto, CA, USA Last Primary Valuation $5.75bn (Apr 2025) Founded 2022 (spun out) / 2016 (within Alphabet) Origin Alphabet spinout About SandboxAQ SandboxAQ is a pioneering platform at By Katarzyna Lomnicka • 6 min read
Deal Club Lambda Investment Tagline: Developer-first GPU cloud infrastructure growing 4x faster than hyperscalers Industry AI / Cloud Computing Total Raised $863M+ equity Headquarters San Francisco, USA Last Primary Valuation $2.5bn (Feb 2025) Founded 2012 Potential Next Round $4-5bn (mid-2025 target) About Lambda Lambda provides GPU infrastructure and cloud services for AI development, By Katarzyna Lomnicka • 5 min read
Deal Club Groq Investment Tagline: Pioneering the fastest AI inference technology with 10x performance advantage Industry Artificial Intelligence Total Raised $1.75bn+ Headquarters Mountain View, USA Last Primary Valuation $6.9bn (Sep 2025) Founded 2016 Valuation Growth 230x since founding About Groq Groq has developed the LPU Inference Engine - the fastest language By Katarzyna Lomnicka • 3 min read
Deal Club Perplexity AI Investment Tagline: Invest in the Leading AI-Powered Answer Engine Revolutionizing Search Industry Artificial Intelligence / Search Total Raised $1.8bn+ (as of Sep 25) Headquarters San Francisco, California Last Primary Valuation $20bn (as of Sep 25) Founded 2022 Latest Valuation $18-20bn About Perplexity AI Perplexity AI is an AI-powered conversational search By Katarzyna Lomnicka • 7 min read
Deal Club Mistral AI Investment Tagline: Invest in Europe's Leading AI Champion Building Open and Efficient Foundation Models Industry Artificial Intelligence Total Raised $3.1bn (as of Sep 25) Headquarters Paris, France Last Primary Valuation $11.7bn (as of Sep 25) Founded 2023 Caplight Valuation $13.5bn About Mistral AI Mistral AI By Katarzyna Lomnicka • 5 min read
Deal Club xAI Investment Tagline: Invest in Elon Musk's Bold Vision to Understand the Universe Through AI Industry Artificial Intelligence Total Raised $21.7bn (as of Jun 25) Headquarters Burlingame, USA Last Primary Valuation $113bn (as of Jun 25) Founded 2023 Caplight Valuation $132.2bn About xAI Founded in 2023 by By Katarzyna Lomnicka • 9 min read
Deal Club SpaceX Investment Tagline: Invest in the Leader of Commercial Space Exploration and Satellite Internet Industry Aerospace/Defense Total Raised $11.9bn (as of 2025) Headquarters Hawthorne, USA Last Primary Valuation $350bn (as of Dec 24) Founded 2002 Caplight Valuation $400bn About SpaceX Space Exploration Technologies Corporation (SpaceX) is an American aerospace By Katarzyna Lomnicka • 8 min read
Deal Club OpenAI Investment Tagline: Invest in the Leading Generative Artificial Intelligence Platform Industry Artificial Intelligence Total Raised $40bn (as of Mar 25) Headquarters San Francisco, USA Last Primary Valuation $300bn (as of Mar 25) Founded 2015 Caplight Valuation $500bn About OpenAI OpenAI is the undisputed leader in the generative artificial intelligence market, By Katarzyna Lomnicka • 5 min read
Deal Club Anthropic Investment Tagline: Invest in the Leading AI Safety and Research Platform Industry Artificial Intelligence Total Raised $14.3bn (as of Sep 25) Headquarters San Francisco, USA Last Primary Valuation $61.5bn (as of Mar 25) Founded 2021 Caplight Valuation $183bn About Anthropic Anthropic is a premier artificial intelligence research organization By Katarzyna Lomnicka • 6 min read
papers AI 2025: The Solidifying Future and Investment Opportunities AI in 2025: Building Blocks Firmly in Place Published December 9, 2024 by David Cahn The Game-Changing Year for AI The story of 2025 unfolds as the year the AI ecosystem comes of age, with foundations solidly in place. No longer is AI an ethereal prospect of potential; it' By Katarzyna Lomnicka • 4 min read
papers Teslas Robotaxi Revolution: Transforming the Drive into a $10 Trillion Opportunity Tesla's Robotaxi Revolution: A Glimpse into the Future The streets of Austin witnessed history on June 22 as Tesla launched its revolutionary robotaxi service. With this bold move, Tesla is transforming its business model from selling cars to one with recurring, high-margin revenue—a shift that could reshape By Katarzyna Lomnicka • 4 min read
Deal Club CLOSED: OpenAI Investment Tagline: Invest in the Leading Generative Artificial Intelligence Platform Industry Artificial Intelligence Total Raised $40bn (as of Mar 25) Headquarters San Francisco, USA Last Primary Valuation $300bn (as of Mar 25) Founded 2015 Caplight Valuation $500bn CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: KRAKEN Investment Tagline: Leading global cryptocurrency exchange with the largest European market share and second-largest US volume IndustryFintech/CryptoTotal Raised$5.1bn (as of Feb 22)HeadquartersSan Francisco, USALast Primary Valuation$10.8bn (as of Feb 22)Founded2011Caplight Valuation$10.7bn ABOUT KRAKEN Kraken Digital Asset Exchange is one of the By Katarzyna Lomnicka • 6 min read
Deal Club CLOSED: Perplexity AI Investment Tagline: Invest in the Leading AI-Powered Answer Engine Revolutionizing Search Industry Artificial Intelligence / Search Total Raised $1.8bn+ (as of Sep 25) Headquarters San Francisco, California Last Primary Valuation $20bn (as of Sep 25) Founded 2022 Latest Valuation $18-20bn CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: Lambda Investment Tagline: Developer-first GPU cloud infrastructure growing 4x faster than hyperscalers Industry AI / Cloud Computing Total Raised $863M+ equity Headquarters San Francisco, USA Last Primary Valuation $2.5bn (Feb 2025) Founded 2012 Potential Next Round $4-5bn (mid-2025 target) CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: EPIC GAMES Investment Tagline: Leading interactive entertainment company powering the gaming and metaverse revolution with Fortnite, Unreal Engine, and strategic partnerships with Disney and Sony IndustryEntertainmentTotal Raised$7.3bn (as of Jul 25)HeadquartersCary, USALast Primary Valuation$22.5bn (as of Jul 25)Founded1991Caplight Valuation$17.4bn ABOUT EPIC GAMES Epic Games By Katarzyna Lomnicka • 4 min read
Deal Club CLOSED: Groq Investment Tagline: Pioneering the fastest AI inference technology with 10x performance advantage Industry Artificial Intelligence Total Raised $1.75bn+ Headquarters Mountain View, USA Last Primary Valuation $6.9bn (Sep 2025) Founded 2016 Valuation Growth 230x since founding CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: CANVA Investment Tagline: Democratizing design through an intuitive platform serving over 200 million monthly active users worldwide IndustryMultimedia & Design SoftwareTotal Raised$4.5bn (as of Aug 25)HeadquartersSurry Hills, AustraliaLast Primary Valuation$42.0bn (as of Aug 25)Founded2012Caplight Valuation$45.1bn ABOUT CANVA Canva is a dynamic online design By Katarzyna Lomnicka • 3 min read
Deal Club CLOSED: Anthropic Investment Tagline: Invest in the Leading AI Safety and Research Platform Industry Artificial Intelligence Total Raised $14.3bn (as of Sep 25) Headquarters San Francisco, USA Last Primary Valuation $61.5bn (as of Mar 25) Founded 2021 Caplight Valuation $183bn CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: DISCORD Investment Tagline: Leading communication platform revolutionizing online communities with 150 million monthly active users IndustrySocial Media/CommunicationTotal Raised$1.1bn (as of Sep 21)HeadquartersSan Francisco, USALast Primary Valuation$14.7bn (as of Sep 21)Founded2012Caplight Valuation$6.4bn ABOUT DISCORD Discord is a versatile communication platform that brings people By Katarzyna Lomnicka • 4 min read
Deal Club CLOSED: xAI Investment Tagline: Invest in Elon Musk's Bold Vision to Understand the Universe Through AI Industry Artificial Intelligence Total Raised $21.7bn (as of Jun 25) Headquarters Burlingame, USA Last Primary Valuation $113bn (as of Jun 25) Founded 2023 Caplight Valuation $132.2bn CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: SpaceX Investment Tagline: Invest in the Leader of Commercial Space Exploration and Satellite Internet Industry Aerospace/Defense Total Raised $11.9bn (as of 2025) Headquarters Hawthorne, USA Last Primary Valuation $350bn (as of Dec 24) Founded 2002 Caplight Valuation $400bn CLOSED By Katarzyna Lomnicka • 1 min read
Deal Club CLOSED: DATABRICKS Investment Tagline: Leading unified data and AI platform powering the data intelligence revolution with $4 billion revenue run-rate and Fortune 500 dominance IndustryData & AITotal Raised$14.1bn (as of Dec 24)HeadquartersSan Francisco, USALast Primary Valuation$62.0bn (as of Dec 24)Founded2013Caplight Valuation$87.5bn ABOUT DATABRICKS Databricks By Katarzyna Lomnicka • 5 min read