Recent single-family office deal activity spanned artificial intelligence, natural resources, fintech and public-company financing, with family-backed capital showing up in both early-stage growth rounds and structured, asset-backed deals.
April 21 — Jeff Bezos’ AI lab, Project Prometheus, closed or neared completion of a roughly $10 billion funding round valuing the company at about $38 billion. The company is focused on physical AI for sectors such as manufacturing and engineering. (Reuters)
April 18 — Eagle Eye Asset Holdings, the family office of Indian businessman Gagan Gupta, agreed to invest $120 million in Cora Gold’s Sanankoro gold project in Mali. The streaming deal gives Eagle Eye the right to purchase about 30% of future gold output at 20% of the spot price.(Business Insider Africa)
April 14 — Paxos Labs, spun out of stablecoin issuer Paxos, raised $12 million in a round led by Blockchain Capital, with participation from investors including Maelstrom, the family office of crypto entrepreneur Arthur Hayes. (Fortune)