Pulse 2.0

Bilt: $250 Million Raised At $10.75 Billion Valuation For Rent Payment Platform

Ferrero To Buy Kellogg In $3.1 Billion Deal

Arcitecta: Interview With Product Marketing Head Eric Polet About The Data Management Platform Company

Sunsave: £113 Million Series A Raised For Making Solar Panels And Battery Storage Accessible

Bedrock Energy: Interview With Co-Founder & CEO Joselyn Lai About The Geothermal Company

Blue Owl Capital: $850 Million Secured For Private Offering Of Alternative Credit Fund

By Amit Chowdhry ● Today at 7:24 AM

Blue Owl Capital announced the final close of the private offering of an alternative credit fund, securing $850 million in capital commitments from a diverse client base across its global private wealth channel.

Pollen Street Capital: €2 Billion Raised To Bolster European Investments

By Amit Chowdhry ● Today at 6:53 AM

Pollen Street Capital is a leading alternative asset manager based in London, UK. The firm was founded in 2013 and specializes in investing within the financial and business services sectors across Europe. Pollen Street Capital announced that it has secured €2 billion in new capital, which was raised across its new flagship fund, Private Equity Fund V, and an additional co-investment vehicle.

Viaplay Buys Remaining Stake In Allente For $110 Million

By Amit Chowdhry ● Today at 6:22 AM

Telenor Group is selling its 50% stake in Allente to Viaplay for SEK 1.1 billion. Allente, created in May 2020 from the merger of Canal Digital and Viasat, provides premium TV content to residential and business customers across the Nordics. The deal will not impact the quality of service for customers.

Radical AI: $55 Million Series Seed+ Raised For Advancing Materials Research

By Amit Chowdhry ● Today at 6:21 AM

Radical AI is a company focused on transforming materials science and advanced manufacturing through the power of artificial intelligence. Its core mission is to dramatically accelerate the discovery, development, and production of new materials, which has traditionally been a slow and resource-intensive process. The company announced a $55 million Series Seed+ funding round led by RTX Ventures, with participation from NVentures (NVIDIA's VC arm), Noa, Infinite Capital, Eni, AlleyCorp, and others.

Auxxo: €26 Million First Closing Of Female Catalyst Fund II Completed

By Amit Chowdhry ● Today at 6:16 AM

Auxxo has announced a significant milestone: the first closing of the Auxxo Female Catalyst Fund II at €26 million, with the European Investment Fund (EIF) joining as an anchor investor. Other significant investors, including Aurum Impact, Cherry Ventures, Speedinvest, various family offices, business angels, and founders from across Europe, also joined.

iCOUNTER: $30 Million Series A Raised For Cybersecurity Solutions

By Amit Chowdhry ● Yesterday at 3:28 PM

Apollo Information Systems has announced the launch of iCOUNTER, a cyber risk intelligence company led by John Watters, a pioneer in cyber threat intelligence. iCOUNTER focuses on delivering precision risk intelligence to protect customers in the SLED, SMB, and enterprise sectors from targeted attacks.

Brightspeed Buying Fiber Assets From Cincinnati Communications

By Amit Chowdhry ● Yesterday at 9:11 AM

Brightspeed, the nation's third-largest fiber broadband provider that connects more homes and businesses with reliable, fast connectivity, announced it has acquired 235 miles of fiber assets in suburban Cincinnati from Cincinnati Communications. These fiber miles are strategically located near Brightspeed's existing fiber network projects in Ohio and eastern Indiana. This acquisition will enable Brightspeed to reach an additional 69,500 locations with its advanced network.

CCI Systems Buying Total Site Services

By Amit Chowdhry ● Yesterday at 9:10 AM

CCI Systems, a fully employee-owned company, has announced its acquisition of Total Site Services, a leading provider of tower site acquisition, engineering design, and construction management services. This strategic move enhances CCI Systems' presence in the wireless industry and increases its capabilities, supporting faster market expansion.

GreatAmerica To Acquire Heritage Bank And Apply To Establish A National Bank

By Amit Chowdhry ● Yesterday at 8:59 AM

GreatAmerica Holdings, the parent company of GreatAmerica Financial Services Corporation—the largest independent, family-owned national commercial equipment finance company in the U.S.—announced that it has agreed to acquire Heritage Bank, an Iowa state-chartered bank headquartered in Marion, Iowa, with additional branches in Hiawatha and Delhi, Iowa (Heritage Bank). Following the acquisition, Heritage Bank will operate under a new name: GreatAmerica Bank National Association.

Agilyx To Buy 44% of GreenDot Global

By Amit Chowdhry ● Yesterday at 8:56 AM

Agilyx has agreed to fully finance and acquire 44% of GreenDot Global, strengthening its presence in Europe’s advanced recycling industry. GreenDot, Europe’s top circular plastic recycler and third-largest in Germany, operates in 29 countries, processing over 1 million tons of waste annually. It is expanding its feedstock supply through facilities in Austria and Italy, with sales expected to reach €400 million in 2025 and achieve double-digit EBITDA.

Substack: $100 Million Series C Raised At Reported $1.1 Billion Valuation For Newsletter Platform

By Amit Chowdhry ● Yesterday at 8:55 AM

Substack has announced that it has raised $100 million in Series C funding, led by investors at BOND and The Chernin Group (TCG), with participation from Andreessen Horowitz, Rich Paul (CEO and founder of Klutch Sports Group), and Jens Grede (CEO and co-founder of SKIMS).

Mantis VC: $100 Million Third Fund Closed

By Amit Chowdhry ● Yesterday at 8:52 AM

Mantis VC, a venture capital firm co-founded by Alex Pall and Drew Taggart, members of the musical group The Chainsmokers, has raised $100 million in commitments for its third fund. This amount marks a $20 million increase from the previous Fund II, which raised $80 million. With this new fund, Mantis VC now manages a total of $225 million across all three funds.