Pulse 2.0

Emera And Canadian Utilities To Combine In $72 Billion Merger

C.H. Robinson To Acquire RXO For $5.8 Billion

Acture Solutions Acquires Digital Back Office To Expand Managed IT And Cybersecurity Platform

The Bahnsen Group Onboards $1.1 Billion Firm Hightower Naples

Arthur J. Gallagher Acquires Winter & Co Solicitors

Hadrian Raises $40 Million To Expand Agentic AI Offensive Cybersecurity Platform

By Amit Chowdhry ● Today at 4:56 PM

Hadrian has raised $40 million in funding to expand its agentic AI offensive cybersecurity platform across Europe and the U.S., bringing total capital raised to $65 million. Forgepoint Capital International and SmartFin co-led the round. Existing investors HV Capital, Motive Partners, Picus Capital and Oetker Ventures also participated.

Spiko Raises $90 Million Series B To Expand Tokenized Cash Fund Platform

By Amit Chowdhry ● Today at 4:55 PM

Spiko has raised $90 million in Series B funding led by New Enterprise Associates to expand its tokenized cash fund platform, bringing total funding to $120 million. The round included participation from Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers, White Star Capital, Blockwall, Frst, EQNX, Mirana Ventures and Wintermute Ventures.

RoslinCT Awarded Up To £7.25 Million Scottish Enterprise Grant For Digital Cell Therapy Manufacturing

By Amit Chowdhry ● Today at 4:55 PM

RoslinCT has been awarded an R&D grant of up to £7.25 million from Scottish Enterprise to accelerate the digital transformation of its cell therapy manufacturing operations in Scotland.

Fortitude Announces Up To $100 Million BITMAIN Zcash Miner Commitment And Expands DCG Credit Facility To $70 Million

By Amit Chowdhry ● Today at 4:54 PM

Fortitude Mining has entered into a letter of intent with BITMAIN providing priority allocation for next-generation Zcash mining equipment through a potential purchase commitment of up to $100 million.

Loomis Completes $297 Million Acquisition Of Hermes Transportes Blindados

By Amit Chowdhry ● Today at 4:54 PM

Loomis has completed its acquisition of 99.80% of Hermes Transportes Blindados for approximately $297 million, or about SEK 3 billion, establishing the cash and security services company in Peru and expanding its Latin American operations.

Nelnet Business Services Acquires Entab To Expand Into India

By Amit Chowdhry ● Today at 4:53 PM

Nelnet Business Services has acquired Entab Infotech, expanding its education technology platform into India and one of the world's largest K-12 education markets.

BakerAvenue Wealth Management Secures Strategic Investment From Constellation Wealth

By Amit Chowdhry ● Today at 4:52 PM

BakerAvenue Wealth Management has secured a strategic minority investment from Constellation Wealth Capital to support continued expansion of the firm's integrated wealth management platform.

Vitalize Raises $31 Million Series A To Expand AI Healthcare Operations Platform

By Amit Chowdhry ● Today at 4:51 PM

Vitalize has raised $31 million in Series A funding to expand its artificial intelligence platform for managing hospital labor and capacity in real time. Oak HC/FT led the financing, with participation from Norwest, .406 Ventures, Constellation Ventures, Y Combinator, Rock Health Capital and MemorialCare Innovation Fund.

Navra Raises $19 Million Series A To Develop Fintech Platform

By Amit Chowdhry ● Today at 4:50 PM

Navra has raised an oversubscribed $19 million Series A led by Ribbit to develop a financial technology platform designed to connect traditional financial institutions and retail investors with blockchain-based financial products.

Lattis Management Secures More Than $100 Million In Second Close

By Amit Chowdhry ● Today at 4:50 PM

Lattis Management has completed a second capital close for its flagship Lattis LP vehicle and launched infrastructure-focused Lattis Infrastructure LP, securing more than $100 million in investor commitments during the early part of the third quarter.

Old Glory Bank Raises More Than $8 Million, Bringing Total Capital Raised To Over $67 Million

By Amit Chowdhry ● Today at 4:49 PM

Old Glory Bank has raised more than $8 million from over 150 existing and new accredited investors, providing additional capital after the termination of its previously planned deSPAC transaction. The offering was conducted under Rule 506 of Regulation D.

Cushing Terrell Acquires Graphite Design Group To Expand Seattle Architecture Team

By Amit Chowdhry ● Today at 4:48 PM

Cushing Terrell has acquired Seattle-based Graphite Design Group, expanding its architecture capabilities, client relationships and presence in the Pacific Northwest.

Ampersand Raises $15 Million Series A To Expand Integration Enterprise Infrastructure Connecting AI Agents

By Amit Chowdhry ● Today at 4:46 PM

Ampersand has raised $15 million in Series A funding led by Bessemer Venture Partners to expand integration infrastructure connecting AI agents with enterprise systems of record. Existing investors Matrix and Flex Capital participated alongside new investors Yelp, Tenacity Capital, CTO Fund, Mana Ventures and several individual investors. Bessemer partner Lauri Moore will join Ampersand's Board.

Aventra Raises $17.5 Million To Scale Piranha Autonomous Precision Payload System

By Amit Chowdhry ● Today at 4:43 PM

Aventra Defense Systems has raised $17.5 million in strategic financing led by Konvoy to scale production of its Piranha autonomous precision payload platform and develop additional long-range strike, one-way attack and intelligence, surveillance and reconnaissance systems. Existing investor Lavrock Ventures participated alongside Booz Allen Ventures, Sands Capital and Langford Industries.

Furientis Raises $25 Million Seed Funding And Secures First Department Of War Contract For 100-Mile Interceptor

By Amit Chowdhry ● Today at 4:43 PM

Furientis has raised $25 million in seed funding led by Benchmark and secured its first funded government contract, supporting development of a 100-mile-range interceptor vehicle intended for homeland defense.

KymaThera Raises $80 Million Series B, Bringing Total Funding To More Than $100 Million

By Amit Chowdhry ● Today at 4:42 PM

KymaThera has raised $80 million in Series B funding to advance K-1728, its next-generation pan-mutant selective PI3Kα inhibitor for cancer and vascular malformations.

Benchmark Energy II Secures Up To $47.5 Million Financing From Cibolo Energy Partners

By Amit Chowdhry ● Today at 4:42 PM

Benchmark Energy II has closed a senior secured financing of up to $47.5 million from Cibolo Energy Partners to accelerate development of its Western Anadarko Basin assets.

LS Power Raises $6 Billion For Oversubscribed Fund VI

By Amit Chowdhry ● Today at 4:40 PM

LS Power has closed LS Power Equity Partners VI with approximately $6 billion in commitments, substantially exceeding its initial $4 billion fundraising target.

Polygrade Raises $6.3 Million And Emerges From Stealth With AI Warranty Claims Platform

By Amit Chowdhry ● Today at 4:39 PM

Polygrade has emerged from stealth with $6.3 million in funding to build an AI-native claims management platform for the warranty industry. Construct Capital, American Family Ventures and Nine Four Ventures provided the financing.

Blue Bird Secures $600 Million Credit Facility Led By BMO And Bank Of America

By Amit Chowdhry ● Today at 4:38 PM

Blue Bird has completed a $600 million senior secured credit facility refinancing that more than doubles its committed borrowing capacity and extends its debt maturity to September 2031.

Arboretum Raises $30 Million Series A And Launches Precision Medicine Platform

By Amit Chowdhry ● Today at 4:37 PM

Arboretum LifeSciences has launched with $30 million in Series A funding to expand access to genetic testing for common diseases and build a molecular information platform supporting precision medicine and genomically stratified clinical trials. The financing was led by F-Prime, GV, .406 Ventures, Hims & Hers, Amgen and other healthcare investors.

Sensible Biotechnologies Raises $47 Million To Advance Naturally Modified mRNA Platform

By Amit Chowdhry ● Today at 4:36 PM

Sensible Biotechnologies has secured $47 million in financing to advance and scale its platform for naturally modified mRNA medicines. The financing includes a Series A led by Oxford Science Enterprises and up to $20 million of non-dilutive funding from the Government of Slovakia and the European Union.

Alto To Acquire Forge Trust From Schwab, Creating Platform With More Than $20 Billion In Assets

By Amit Chowdhry ● Today at 4:36 PM

Alto has agreed to acquire Forge Trust and its parent company, Forge Services, from Forge Global, a Charles Schwab company, creating a self-directed retirement investment platform with more than $20 billion in assets under custody and administration.

Paramount Completes Warner Bros. Discovery Acquisition, Creating Skydance With Nearly $70 Billion In Revenue

By Amit Chowdhry ● Today at 4:36 PM

Paramount has completed its acquisition of Warner Bros. Discovery, creating a combined company named Skydance with nearly $70 billion in revenue and a portfolio spanning film, television, streaming, news, and sports.

FIRY To Redeem Remaining $49.7 Million Of Notes And Complete $300 Million Debt Repayment

By Amit Chowdhry ● Today at 4:34 PM

FIRY has issued notice to redeem the remaining approximately $49.7 million principal amount of its 10.25% secured notes due 2026, completing repayment of a $300 million debt issuance ahead of maturity.

Vinci Raises $250 Million Series B At $1.5 Billion Valuation To Expand AI-Native Computational Platform

By Amit Chowdhry ● Today at 4:34 PM

Vinci has raised $250 million in Series B funding at a $1.5 billion valuation to expand its AI-native computational platform for hardware engineering. Advent, Temasek and Xora co-led the financing. AMD Ventures and Madrona participated alongside existing investors Eclipse and Khosla Ventures and other investors.

Siena Raises $17 Million Series A, Bringing Total Funding To $29.7 Million

By Amit Chowdhry ● Today at 4:32 PM

Siena has raised $17 million in Series A funding to expand its Agent of Record platform for consumer brands, bringing the company's total funding to $29.7 million. York IE led the round, with participation from Joyance Ventures and existing investors Aglaé Ventures and Sierra Ventures.

SAP To Acquire TechWolf To Expand AI-Powered Workforce Intelligence

By Amit Chowdhry ● Today at 4:31 PM

SAP has entered into an agreement to acquire TechWolf, an AI work intelligence company whose platform provides enterprises with continuously updated information about employee skills, tasks and workforce requirements.

Meridiam Closes $4.5 Billion North America Core Fund With 15 Infrastructure Assets

By Amit Chowdhry ● Today at 4:30 PM

Meridiam has closed its North America Core Fund, an approximately $4.5 billion vehicle comprising 15 operating infrastructure assets across North America. Total investor demand for the fund exceeded $7 billion.

Type One Energy Raises $200 Million Series B To Advance Commercial Fusion

By Amit Chowdhry ● Today at 4:30 PM

Type One Energy has raised $200 million in Series B financing to advance its FusionDirect development program and Project Infinity commercial fusion initiative in Tennessee. Breakthrough Energy Ventures and Clutterbuck Capital co-led the round. New investors included Lowercarbon Capital, Siemens Energy Ventures and SiteGround Capital alongside other investors.