Archives

Prospera Financial Services has promoted Paul Keeton to chief investment officer, elevating an executive the firm said has been central to building its product platform and advisory offerings since joining in 2017.

Zocks and Wealth.com have launched a new partnership and two-way integration to help financial advisors complete estate plans faster and improve the quality and personalization of the client experience.

Meyers Wealth Management Group, a family-led advisory team serving primarily high-net-worth clients, has launched as a new independent registered investment advisory firm in Wenatchee, Washington, affiliating with Osaic and transitioning from LPL Financial with approximately $285 million in client assets.

Reed Smith announced it is expanding its capital markets practice with the addition of partner Liz Graffeo in Denver, bringing more public-company and securities depth to the firm’s Global Corporate Group as it continues to build out a fast-growing office in the Colorado market.

Ares Interactive, a San Francisco-based game developer and publisher, has raised $70 million in Series A funding to support its plan to build a next-generation, cross-platform free-to-play game company focused on creating long-running, player-loved franchises.

ORION Security announced it closed $32 million in Series A funding to scale its AI-powered, context-aware data security platform, positioning the company as an alternative to traditional data loss prevention tools that rely on large sets of manually authored policies and often generate high volumes of false positives. The round was led by Norwest, with participation from IBM and existing investors, including PICO Venture Partners and Lama Partners.

Positron AI said it raised an oversubscribed $230 million Series B at a post-money valuation exceeding $1 billion to scale what it describes as energy-efficient AI inference hardware and accelerate development of its next-generation custom silicon. The round was co-led by ARENA Private Wealth, Jump Trading, and Unless, with strategic participation from Qatar Investment Authority, Arm, and Helena, alongside existing backers including Valor Equity Partners, Atreides Management, DFJ Growth, Resilience Reserve, Flume Ventures, and 1517.

Stratus Medical, a medical device company developing radiofrequency (RF) ablation technologies for chronic pain, has raised a $10 million in Series B financing to complete development work on new systems and fund a clinical study tied to a basivertebral nerve ablation (BVNA) program.

Imbed Biosciences announced it has secured a strategic investment from BioLab Holdings Inc. that it expects will expand Imbed’s reach in the U.S. market, with a particular focus on physician office settings, and speed development of its proprietary SAM Antimicrobial Technology platform aimed at reducing wound-care complications.

GenLogs, a freight intelligence provider deploying its Truck Intelligence technology to improve supply chain efficiency and combat cargo theft, has closed a $60 million Series B financing. The round was led by Battery Ventures with participation from IVP, Cathay Innovation, and 9Yards, alongside existing investors including Venrock, Steel Atlas, HOF Capital, TitletownTech, and Autotech Ventures. The company said it has now raised $81 million across seed, Series A, and Series B rounds.

Vista Equity Partners, a global technology investor focused on enterprise software, has appointed Suzanne Donohoe as Chief Operating Officer and Chief Commercial Officer in a newly created combined role. Donohoe will report to Founder, Chairman and CEO Robert F. Smith and will oversee the firm’s global fundraising, capital markets, investor engagement, and marketing strategies across Vista’s full investment platform, while also helping shape and execute the firm’s strategic agenda.

Texas Instruments, a global semiconductor chipmaker, has agreed to acquire Silicon Labs, a specialist in secure embedded wireless connectivity, for about $7.5 billion in an all-cash deal that the companies say will create a global leader in embedded wireless connectivity solutions.

Bedrock Robotics, an autonomous construction technology company, has raised $270 million in Series B funding at a $1.75 billion valuation as it pushes from single-machine deployments toward “system-level” autonomy that can coordinate connected fleets across large infrastructure and earthmoving jobs. The round was co-led by CapitalG and the Valor Atreides AI Fund, with participation from Xora, 8VC, Eclipse, Emergence Capital, Perry Creek Capital, NVentures, Tishman Speyer, the Massachusetts Institute of Technology, Georgian, Incharge Capital, C4 Ventures, and others. The financing brings Bedrock’s total funding to more than $350 million.

SNAK Venture Partners has closed an oversubscribed $50 million debut fund aimed at seed-stage investments in digital marketplaces that bring offline, fragmented industries online. Based in Chicago, the firm said Fund I will target marketplace businesses digitizing legacy sectors such as construction, manufacturing, and supply chain, where workflows remain largely offline, and modernization is still in early stages.

SynthBee, a stealth startup building a proprietary “Collaborative Intelligence” (CI) platform, said it has completed $100 million in funding with Crosspoint Capital Partners following an initial $20 million seed round and an additional $80 million secured last week. The company said the investment will support expansion into new markets, ongoing hiring, and continued development of its CI technology.

Third Arc Bio announced it has closed a $52 million Series A extension financing, adding to a previously announced $165 million Series A as the company looks to broaden and accelerate its oncology and immunology and inflammation pipeline. The financing was led by new investor Andreessen Horowitz (a16z) alongside founding investor Omega Funds. The round also included participation from Life Sciences at Goldman Sachs Alternatives, BVF Partners LP, funds managed by abrdn. Inc., accounts advised by T. Rowe Price Associates, Inc., Marshall Wace, Hillhouse Investment, Galapagos NV, AbbVie Ventures, and Alderline Group. As part of the transaction, a16z General Partner Jorge Conde is joining Third Arc Bio’s board.

beHuman, a physician-led preventive care platform focused on improving early cancer detection for underserved populations, has raised a $4 million seed round to expand nationally and grow its network of health insurance partners and end customers.

TransUnion has signed a definitive agreement to acquire RealNetworks' mobile division, aiming to make business and consumer mobile communications safer and more reliable by strengthening its voice, messaging, and analytics capabilities. The company said the transaction will enhance fraud prevention across text messages, multimedia messages, and phone calls through artificial intelligence, machine learning, and real-time analytics.

Corus Orthodontists, a privately held North American orthodontic partnership network, has secured a C$20 million institutional equity investment led by ATB Financial’s private equity arm, with a co-investment from a prominent Canadian family office. The company said the financing is its inaugural institutional investment and represents a milestone in the continued evolution of its doctor partnership model.

Eldorado Gold announced it has agreed to acquire Foran Mining in a share-and-cash transaction that the companies say will create a “sector-leading” gold and copper producer with two fully financed development projects scheduled to reach commercial production in mid 2026 and a larger Canadian footprint anchored by Foran’s McIlvenna Bay project in Saskatchewan.

Varo Bank announced it has raised $123.9 million in a Series G growth investment led by existing investor Warburg Pincus and new investor Coliseum Capital Management, with additional participation from existing backers including Northview. The financing arrives as the digital bank positions itself for its next phase of expansion, pairing fresh capital with new board appointments it says will deepen oversight and operating expertise.

Expert Intelligence, a Santa Clara-based startup developing AI systems that automate expert decision making in regulated laboratory settings, has raised a $4.7 million seed round led by Sierra Ventures, with participation from TSVC and Acorn Pacific Ventures. The company positions its platform as “foundational infrastructure” for autonomous decision-making in high-compliance environments where data is scarce, tightly controlled, and difficult to use for conventional machine learning approaches.

Columbia Financial, a mid-tier holding company for Columbia Bank, and Northfield Bancorp (the holding company for Northfield Bank), announced they have signed an agreement and plan of merger under which Columbia will acquire Northfield in a transaction valued at approximately $597 million. The combined organization is expected to become the third-largest regional bank headquartered in New Jersey, with pro forma total assets of $18 billion based on financial data as of December 31, 2025.

VENU+, a ZCG-backed provider of tech-enabled guest mobility, storage, and entertainment solutions for major amusement and entertainment destinations, has acquired Tiburon Lockers, a U.S.-based operator of electronic rental locker systems for high-traffic venues. The deal adds Tiburon’s custom locker rental capabilities to VENU+’s growing smart lockers business and is positioned as a step forward in VENU+’s broader growth strategy focused on scaling integrated, venue-facing storage and mobility offerings.

Transaction Network Services (TNS) has completed its acquisition of BT’s Radianz business, bringing together two established providers of connectivity services used by financial institutions and market participants worldwide. The transaction expands TNS’s Financial Markets offering and is intended to broaden access to trading venues, market data, applications, and counterparties, while adding further scale to its global network footprint.

Formula Fixed is a high-intensity, brakeless cycling league that brings urban fixed-gear racing to ticketed indoor stadiums and technical, short-track venues designed for spectator-first, digital-native entertainment. Pulse 2.0 interviewed Formula Fixed founders James and Clare Grady to learn more.

Devon Energy and Coterra Energy have signed a definitive agreement to merge in an all-stock transaction that the companies say will create a “premier shale operator” anchored by a leading position in the economic core of the Delaware Basin. The combined company will be named Devon Energy, headquartered in Houston, and will maintain a significant presence in Oklahoma City.

Gibraltar Industries announced it has completed its all-cash acquisition of OmniMax International from funds managed by Strategic Value Partners, valuing the transaction at $1.335 billion, subject to customary adjustments. The company said the deal will close after it receives the required regulatory approvals and satisfies the customary closing conditions.

TITAN Group has completed its acquisition of Vracs de L'Estuaire, adding an established cementitious business in northern France and deepening the company’s operating footprint in one of Europe’s largest construction markets. TITAN cited the transaction as a practical step to accelerate the growth path outlined in its TITAN Forward 2029 strategy, particularly as the company seeks to broaden its offering of lower-carbon building materials across its core geographies.

Connect Media, a privately held Los Angeles-based media company focused on commercial real estate news and related B2B businesses, has acquired Louisville, Kentucky-based Networld Media Group, a business-to-business media company that produces industry news and conferences across restaurant, retail, banking, and technology markets. The financial terms were not disclosed.