CRWD News & Events

Slate Auto closed a $650M Series C this week, while Latin American digital bank Plata secured $405M at a $5B valuation.This week's private company news:Arjun Sethi, co-CEO of U.S. crypto exchange Kraken, said during the Semafor World Economy that the company has confidentially filed for an IPO,'s Cory Schouten reports. An April investment round valued Kraken at $13.3B, which was lower than its peak valuation of $20B in late 2025, the author notes. "What they want at the end of the day is what Citadel and Jane Street have, or JPMorgan has, and they want it accessible to them," Sethi said of Kraken's customer base. "That's our mission: How do we make all these products open? We want to be able to help enable what you want to do with your own capital."Some of the biggest capital raises by private companies this week include:Slate Auto– The company said it closed its $650M Series C round led by TWG Global. Publicly traded companies in the space include Tesla, Rivian, and Lucid.Plata– The digital bank with operations in Latin America announced the closing of its $405M Series C at a $5B valuation. The round was led by Bicycle Capital with new investors Qatar Investment Authority, BTG Pactual, Valor Capital Group, and a large global long-only active fund manager. Publicly traded companies in the space include Block, PayPal, and SoFi.Aria Networks– The company announced it raised $125M backed by Sutter Hill Ventures, Atreides Management, Valor Equity Partners, and Eclipse Ventures. Publicly traded companies in the space include Cisco, Juniper Networks, and Ciena.Modus– The AI-native audit technology platform and holding company said it raised $85M in Seed and Series A funding, led by Lightspeed Venture Partners, with participation from Comma Capital and Garry Tan. Publicly traded companies in the space include Autodesk, Trimble, and Procore.nEye.ai– The integrated optical interconnects company announced it has raised $80M in Series C financing. The funding round was led by Sutter Hill Ventures. Publicly traded companies in the space include Cognex, Ambarella, and Nvidia.Unicorns to watch this week:Nuro– With an estimated valuation of $6B, the company specializes in autonomous delivery vehicles designed for last-mile logistics. Nuro has recently signed a partnership with Lucidand Uber.ReliaQuest– Specializing in AI-driven cybersecurity operations, the company has an estimated valuation of $3.4B. Publicly traded companies in the space Okta, Zscaler, and Crowdstrike.MaintainX– The manufacturing‑tech startup crossed unicorn threshold in this month and is now valued at approximately $2.5B. Publicly traded companies in the space include Fortive, ServiceNow, and ABM Industries.Enveda Biosciences– The company using machine learning to discover naturally occurring drug compounds reached unicorn status after securing $150M in Series D funding. Publicly traded companies in the space include Amgen, Bristol-Myers, and Gilead.Underdog Fantasy– With a valuation of about $1.3B, the company operates in the sports gaming space. Publicly traded companies in the space include DraftKings, Flutter Entertainment, and MGM Resorts.IPOs to watch:HawkEye 360– The company filed for an initial public offering of shares of common stock and said it intends to apply for listing of its common stock on the New York Stock Exchange under the symbol "HAWK."Boundless Group– The company is offering 4M Class A ordinary shares on a firm commitment basis in an initial public offering. The company expects the initial public offering price of its Class A ordinary shares to be in the range of $4.00 to $5.00 per share.AEVEX– The company filed an initial public offering of shares of Class A common stock. The company applied to list its Class A common stock on the NYSE under the symbol "AVEX."Yesway– The company announced that it has commenced an initial public offering of 13,953,488 shares of its Class A common stock. The initial public offering price is expected to be between $20.00-$23.00 per share. The shares are expected to trade on The Nasdaq Global Select Market under the ticker symbol "YSWY."Liftoff Mobile– The company announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The total number of shares to be offered and the price range for the proposed offering have not yet been determined. The offering is subject to market and other conditions and the completion of the SEC's review process."Private Markets" is The Fly's recurring series of stories on the latest moves in the private sector, largest unicorn companies and initial public offerings to watch. Fly subscribers, add $PRIVATE to your portfolio for alerts on breaking news in the startup and venture capital space.

The major averages bounced back in the late afternoon, finishing mostly unchanged amid uncertainty over an imminent end to the U.S.-Iran war. President Trump has established an 8:00 pm ET deadline for the two sides to reach an agreement to reopen the Strait of Hormuz, otherwise the U.S. will attack Iran's power plants and bridges. Trump's recent comments include the president saying on Truth Social, "A whole civilization will die tonight, never to be brought back again. I don't want that to happen, but it probably will." Axios later reported that U.S.-Iran talks are showing some signs of progress, while adding that a ceasefire deal by the Tuesday deadline remains unlikely.The major indexes pared much of their losses late in the session after Pakistan's prime minister requested that President Trump extend the deadline by two weeks, and requested Iran open the Strait of Hormuz as a gesture of goodwill.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:The Centers for Medicare and Medicaid released its, with policies project to result in a net average increase of 2.48%.Broadcomand Alphabetentered into aPershing Squareall outstanding shares of Universal Music GroupNikkei Asia said that Apple'sfoldable iPhone has, but Bloomberg countered that the device remains on track for a September debutAnthropic announced, an initiative to "secure the world's most critical software, in partnership with Amazon Web Services, Anthropic, Apple, Broadcom, Cisco, CrowdStrike, Google, JPMorganChase, the Linux Foundation, Microsoft, Nvidia, and Palo Alto Networks2. WALL STREET CALLS:Armto Equal Weight at Morgan StanleyRosenblattArista Networkson increased confidence in XPO strategyBarringtonFuboTVto Outperform on updated financial outlookCitiWingstopto Buy into potential sales reboundRocket Labto Outperform at Citizens3. AROUND THE WEB:Pimco is mulling a $14B debt financing deal to construct a massive Oracledata center in Michigan, Bloomberg reportsKimberly-Clarktold Bloomberg it is aware of a firer at its California distribution centerAmazonhas rebuffed requests from its wholesale suppliers for increased payments to cover higher costs, prompting some to pull items from the company's site, Information reportsThe families behind Puigand Estee Lauderare set to meet in New York this week to negotiate the terms of a potential combination of their beauty businesses with the goal of announcing an agreement in the coming weeks, Expansion saysDelta Air Lineshas hiked its fee for checked bags by $10 for tickets bought starting Wednesday, following similar moves by Unitedand JetBlueamid a surge in jet fuel expenses this year, CNBC says4. MOVERS:Patterson-UTIgains after reportingoperating in the U.S. in MarchPerrigoincreases in New York after a rumor was highlighted inMach Naturaldeclines after announcing aRedwirelower afterwith a new office in the United KingdomSuzanofalls in New York after BofAthe stock to Neutral5. EARNINGS/GUIDANCE:PrecigenprovidedSamsungreportedNeuroneticsbacked itsand FY26RPM Internationalis expected toon April 8Levi Straussis expected toon April 7INDEXES:The Dow fell 85.42, or 0.18%, to 46,584.46, the Nasdaq gained 21.51, or 0.098%, to 22,017.85, and the S&P 500 advanced 5.02, or 0.076%, to 6,616.85.