Pulse 2.0

AIP, MGX, And BlackRock’s GIP To Buy Aligned Data Centers In $40 Billion Deal

BlackRock’s AUM Reaches All-Time High Of $13.46 Trillion

Lucio: $5 Million Raised For Expanding AI-Native Legal Workspace Globally

Coinflow: $25 Million Series A Secured For Global Payments Infrastructure

Heidi: $65 Million Series B Raised For Building First AI Care Partner For Clinicians

Innovative Industrial Properties: $100 Million Revolving Credit Facility Established

By Amit Chowdhry ● Yesterday at 11:23 PM

Innovative Industrial Properties, a leading real estate investment trust (REIT) specializing in industrial and life science properties, announced it has closed a new $100 million secured revolving credit facility with a federally regulated commercial bank. The new facility significantly enhances IIP’s financial flexibility as it continues expanding its portfolio within the life sciences sector.

U.S. Enterprise Fund For Ukraine Investing In Fintech-IT Group At $1 Billion Valuation

By Amit Chowdhry ● Yesterday at 11:22 PM

The Ukraine-Moldova American Enterprise Fund (UMAEF) announced its investment in Fintech-IT Group, the software powerhouse behind monobank, marking a historic milestone as the company achieves a $1 billion valuation and becomes Ukraine’s first fintech unicorn. UMAEF joins Fintech-IT Group founders Oleg Gorokhovskyi and Mykhaylo Rogalskyi as the company’s first financial investor and sole non-founding shareholder. In addition to its direct investment, UMAEF led a consortium of American private investors participating in the growth equity round.

Agio Ratings: $6 Million Raised For Enhancing Risk Intelligence For Digital Assets

By Amit Chowdhry ● Yesterday at 11:19 PM

Agio Ratings, a fast-rising innovator in digital asset risk assessment, announced it has raised $6 million in new funding led by AlbionVC, with additional participation from Portage Ventures and MS&AD. This latest round brings the company’s total funding to over $11 million, fueling its mission to deliver institutional-grade risk intelligence to financial institutions entering the digital asset markets.

Oath Surgical: $24 Million Series A Raised For Building AI-Based Surgeon-Led Network

By Amit Chowdhry ● Yesterday at 11:18 PM

Oath Surgical has secured $24 million in an oversubscribed Series A funding round led by FPV Ventures, with participation from McKesson Ventures and existing investors OSE, Black Opal Ventures, Tau Ventures, and Rogue VC. The new funding brings the company’s total funding to $35 million.

Daylight Energy: $75 Million Closed To Expand Decentralized Energy Network And Launch DayFi Protocol

By Amit Chowdhry ● Yesterday at 11:16 PM

Daylight Energy, a decentralized energy company focused on transforming homes into distributed power plants, announced it has raised $75 million to expand its crypto-powered network and introduce a decentralized finance (DeFi) platform for renewable energy investments. The funding includes $15 million in equity financing led by Framework Ventures, with participation from a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures, and Not Boring Capital. Additionally, Turtle Hill Capital led a $60 million project development facility to support deployment.

SaaS Capital: $100 Million Fund V Closed

By Amit Chowdhry ● Yesterday at 11:14 PM

SaaS Capital, a leading provider of growth debt for recurring-revenue software businesses, announced the closing of its fifth fund, SaaS Capital Fund V, LP, totaling $100 million. The new fund expands the firm’s ability to finance the next generation of “Subscription AI and Software” (SaaS) companies, offering non-dilutive, flexible capital designed to help founders scale efficiently while maintaining ownership.

Splash: $14.5 Million Series B Closed For Improving Social Sports Gaming Platform

By Amit Chowdhry ● Yesterday at 11:11 PM

Splash Sports, a leading skill-based social sports gaming platform, announced that it has raised $14.5 million in Series B funding to accelerate its growth across the U.S. and Canada. The investment round was led by Dream Ventures with participation from Boston Seed, Velvet Sea Ventures, Green Wave Ventures, and Evolution Partners. The round also included participation from EP Golf Ventures, a partnership between the PGA of America and Elysian Park Ventures, the private investment arm affiliated with the Los Angeles Dodgers ownership group.

Quilter: $25 Million Series B Raised For Automating PCB Design With Physics-Driven AI

By Amit Chowdhry ● Yesterday at 11:10 PM

Quilter, a Los Angeles-based company pioneering fully autonomous printed circuit board (PCB) design through physics-driven artificial intelligence, announced a $25 million Series B funding round led by Index Ventures. The financing will accelerate Quilter’s commercial growth as it transforms PCB layout, which is the foundation of every hardware product, into a fully automated process.

Platinum Equity To Buy Owens & Minor’s Products And Healthcare Services Business

By Amit Chowdhry ● Yesterday at 11:05 PM

Platinum Equity announced that it has signed a definitive agreement to acquire the Products & Healthcare Services (P&HS) segment of Owens & Minor (NYSE: OMI), a leading U.S. medical supply distribution platform. As part of the transaction, Owens & Minor will retain a 5% equity stake in the divested business, which will operate as a standalone company following the acquisition.

Enurgen: $4.1 Million Seed Funding Closed For Advancing Expansion Of Solar Performance Software

By Amit Chowdhry ● Yesterday at 11:04 PM

Enurgen, an Ottawa-based developer of advanced solar energy yield performance software, announced it has closed a $4.1 million seed funding round to fuel global expansion and accelerate its product roadmap. The funding round was co-led by the Business Development Bank of Canada (BDC), Brightspark Ventures, and Diagram Ventures, with participation from MaRS IAF.

Merit Financial: $476 Million Team Obsidian Planning Solutions Onboarded

By Amit Chowdhry ● Yesterday at 11:00 PM

Merit Financial Advisors, a Georgia-based wealth management firm specializing in financial planning for high-net-worth individuals and families, announced its acquisition of Obsidian Planning Solutions, a Maryland-based firm known for its expertise in business succession planning. The deal represents Merit’s 50th acquisition and its first entry into the Maryland market, adding $476 million in assets and two new offices in Rockville and Columbia.

RunBuggy: $37 Million Series B Closed For AI-Based Automotive Logistics Platform

By Amit Chowdhry ● Yesterday at 10:58 PM

RunBuggy, a Phoenix-based technology company redefining automotive transportation and logistics, announced it has raised $37 million in Series B funding, led by Centana Growth Partners, a growth equity firm focused on financial services and technology. The funding round also included participation from OMI Capital, one of RunBuggy’s early investors.

EvenUp: $150 Million Series E At $2 Billion Valuation Raised For Improving Personal Injury Law

By Amit Chowdhry ● Yesterday at 10:50 PM

EvenUp, a San Francisco-based pioneer in AI-powered personal injury law, announced it has raised $150 million in Series E funding, bringing its valuation to over $2 billion. The funding round was led by Bessemer Venture Partners, with participation from REV (the venture arm of RELX, owner of LexisNexis Legal & Professional), B Capital, SignalFire, Adams Street, Premji Invest, Bain Capital, HarbourVest, Lightspeed, and Broadlight Capital.

Ameresco: $197 Million U.S. Naval Research Laboratory Energy Modernization Contract Awarded

By Amit Chowdhry ● Yesterday at 10:50 PM

Ameresco, a leader in clean energy and infrastructure modernization, announced it has secured a $197 million Energy Savings Performance Contract (ESPC) with the U.S. Naval Research Laboratory (NRL).

AeroRx Therapeutics: $21 Million Series A Closed For Advancing Inhaled AERO-007 For COPD Into Late-Stage Development

By Amit Chowdhry ● Yesterday at 10:42 PM

AeroRx Therapeutics, a clinical-stage biopharmaceutical company focused on innovative nebulized therapies for chronic respiratory diseases, announced the completion of a $21 million Series A financing led by Avalon BioVentures, with participation from Correlation Ventures, Alexandria Venture Investments, and other investors.

Eradivir: $10 Million Private Financing Raised For Advancing Antiviral Therapeutics For Influenza And RSV

By Amit Chowdhry ● Yesterday at 10:39 PM

Eradivir, a clinical-stage biotechnology company developing small-molecule immunotherapies that harness the body’s immune system to combat viral infections, announced the closing of a $10 million private financing round.

Campfire: $65 Million Series B Raised To Advance AI-Based Finance Transformation

By Amit Chowdhry ● Yesterday at 3:38 PM

Campfire Software, a San Francisco-based company reimagining enterprise resource planning (ERP) for finance teams, announced it has raised $65 million in Series B funding co-led by Accel and Ribbit. This funding round follows closely on the heels of Campfire’s $35 million Series A just 12 weeks prior, bringing its total funding to over $100 million in record time.

Peptilogics: $78 Million Raised For Advancing Zaloganan Toward Pivotal Trial For Prosthetic Joint Infections

By Amit Chowdhry ● Yesterday at 3:36 PM

Peptilogics, a clinical-stage biotechnology company pioneering surgical therapeutics for medical device infections, has closed an oversubscribed $78 million Series B2 financing round. The funding round was led by Presight Capital, Thiel Bio, and Founders Fund, with additional participation from AMR Action Fund, Narya Capital, and Beyond Ventures.

Lone Star Funds Buying Hillenbrand In $3.8 Billion All-Cash Deal

By Amit Chowdhry ● Yesterday at 3:32 PM

Hillenbrand, a global industrial company specializing in highly engineered processing equipment and solutions, announced that it has entered into a definitive agreement to be acquired by an affiliate of Lone Star Funds. The all-cash deal values Hillenbrand at $32 per share, representing an enterprise value of approximately $3.8 billion.

Palatine Partners With Flotilla To Enhance ESG Performance Across Portfolio

By Amit Chowdhry ● Yesterday at 3:29 PM

Palatine, a leading UK-based private equity firm known for its commitment to sustainable investing, announced a new partnership with Flotilla, a sustainability leader in the private equity sector.

Derby Lane Partners Launches With Up To $1.8 Billion In Committed Capital

By Amit Chowdhry ● Yesterday at 3:26 PM

Derby Lane Partners, a newly formed alternative investment management firm, has officially launched with up to $1.8 billion in committed capital from a group of strategic anchor partners. Founded by Adam Piekarski, the former Co-Head of Real Estate Credit at BDT & MSD Partners, the firm will focus on delivering flexible capital solutions across asset classes, beginning with opportunities in North American commercial real estate credit.

Constant Contact: Strategic Investment Secured From Clearlake

By Amit Chowdhry ● Yesterday at 3:08 PM

Constant Contact, a leading provider of digital marketing software for small businesses and nonprofits, announced that it has secured a new strategic investment through Clearlake Icon Partners VI.

Spotify Partners With Major Labels to Build Artist-First AI Music Products

By Amit Chowdhry ● Yesterday at 3:06 PM

Spotify has announced a partnership with the world’s leading music companies, including Sony Music Group, Universal Music Group, Warner Music Group, Merlin, and Believe, to develop responsible, artist-centered AI music products jointly.

Membrion: $20 Million Series B1 Closed For Advancing Industrial Wastewater Reuse

By Amit Chowdhry ● Yesterday at 2:55 PM

Membrion, a Seattle-based innovator in ceramic desalination membranes, announced the closing of a $20 million Series B1 funding round. The investment was anchored by Pangaea Ventures, PureTerra Ventures, Ecolab Inc., and W. L. Gore & Associates, with participation from The Lewis Family Office and existing backers including Safar Partners, Lam Research, Indico Ventures, and Giantleap Capital.

Appy.AI: $5 Million Seed Funding Raised And Conversational AI Business Creation Platform Launched

By Amit Chowdhry ● Yesterday at 2:53 PM

Appy.AI, a Denver-based startup redefining the future of AI entrepreneurship, announced the public beta launch of its AI business creation platform after raising $5 million in seed funding led by Dan Scholnick at Four Rivers and Founder Collective.

Tide Rock: Over $1 Billion In Acquisition Capital Announced For Supporting Founder-Led Business Transitions

By Amit Chowdhry ● Yesterday at 2:51 PM

Tide Rock, an unlevered buyout firm specializing in long-term partnerships with founder-led businesses, announced that it now has more than $1 billion in acquisition capital to deploy. The firm’s permanent-capital model offers business owners a proven path to scale their companies while preserving the legacies they’ve built.

DDC Enterprise: $124 Million Closed To Advance Bitcoin Treasury Expansion Strategy

By Amit Chowdhry ● Yesterday at 2:49 PM

DDC Enterprise, a publicly listed company leading the integration of Bitcoin into corporate treasury strategies, announced it has entered into agreements for a $124 million equity financing round. The round was anchored by PAG Pegasus Fund and Mulana Investment Management, with participation from OKG Financial Services Limited, a subsidiary of OKG Technology Holdings.

Realm.Security: $15 Million Series A Raised To Transform Security Data Pipelines

By Amit Chowdhry ● Yesterday at 2:45 PM

Realm.Security, a cybersecurity company redefining how enterprises manage security data, announced it has raised $15 million in Series A funding led by Jump Capital, with participation from Glasswing Ventures and Accomplice.

Noventiq: Strategic Equity Investment Raised From Niobrara Capital

By Amit Chowdhry ● Yesterday at 2:41 PM

Noventiq, a leader in digital transformation and cybersecurity solutions, announced that it has secured a significant equity investment from Niobrara Capital, a U.S.-based private equity firm focused on technology and enterprise services.

DHR Global: Stacy Donohue Promoted To Partner In Private Equity Practice

By Amit Chowdhry ● Yesterday at 2:39 PM

DHR Global, a leading global talent advisory firm, announced the promotion of Stacy Donohue to Partner within its Private Equity Practice. Based in St. Louis, Donohue specializes in executive searches for portfolio companies backed by top-tier private equity firms, focusing on C-suite, board, and vice president-level placements.