Pulse 2.0

Broadcom And Financial Partners Arrange $63 Billion Financing For Anthropic AI Compute Capacity

Meta Plans $95 Billion Equity Raise To Fund AI Expansion

OH.io Invests $2 Million In CVAT To Accelerate Open-Source AI Data Labeling Platform

Vertiv Completes UtilityInnovation Group Acquisition For Up To $2.6 Billion

La Caisse To Acquire 49.9% Stake In Bell TowerCo For C$2.45 Billion

Omabit Raises $2 Million Seed Financing Led By Bright Ventures

By Amit Chowdhry ● Today at 5:03 PM

Omabit has raised $2 million in seed financing led by Bright Ventures to advance an artificial intelligence platform designed to help life sciences companies analyze scientific evidence and make decisions throughout drug development.

Guidewire To Acquire Hyperexponential For Up To $2.1 Billion

By Amit Chowdhry ● Today at 5:02 PM

Guidewire has entered into a definitive agreement to acquire hyperexponential for a base purchase price of $1.7 billion in cash, with up to an additional $400 million of contingent consideration tied to specified recurring revenue targets. The potential total consideration is therefore approximately $2.1 billion.

Odeko Acquires Nantel McDiarmid In First Cross-Border Transaction

By Amit Chowdhry ● Today at 5:01 PM

Odeko has acquired Montreal-based food and beverage distributor Nantel McDiarmid in its first cross-border acquisition, expanding the company’s operations into Canada.

Wisable Raises $5 Million Seed Funding Backed By The D. E. Shaw Group

By Amit Chowdhry ● Today at 5:00 PM

Wisable has raised $5 million in seed funding as the M&A advisory firm looks to bring institutional-style deal execution to owners of small and midsize businesses.

Nord Quantique Secures $10 Million DARPA Stage B Extension For Quantum Computing

By Amit Chowdhry ● Today at 4:52 PM

Nord Quantique has secured a $10 million extension to its Defense Advanced Research Projects Agency Quantum Benchmarking Initiative Stage B agreement, providing additional funding to evaluate the company’s approach to fault-tolerant quantum computing.

Shrieve Chemical Company Acquires Clear Solutions To Expand Energy And Infrastructure Portfolio

By Amit Chowdhry ● Today at 4:48 PM

Shrieve Chemical Company has acquired Clear Solutions International, a UK-based developer and manufacturer of proprietary water-based drilling fluid systems.

Symbolic Mind And Intel Collaborate To Bring AI Training To CPU-Based Enterprise Servers

By Amit Chowdhry ● Today at 4:47 PM

Symbolic Mind is working with Intel to bring its Charm AI model to enterprises that want to train and run artificial intelligence models using CPU-based server infrastructure.

Apple Launches M6 MacBook Pro And iMac, Redesigned iPad Mini, And Major Creator Studio AI Updates

By Amit Chowdhry ● Today at 4:46 PM

Apple has unveiled a broad wave of new hardware and software products centered on artificial intelligence, including a 14-inch MacBook Pro and iMac powered by the new M6 chip, a substantially redesigned iPad mini with the A20 Pro chip and OLED display, and major AI-focused upgrades to Apple Creator Studio.

Leonard Green Acquires Radon Medical Imaging From 5th Century Partners

By Amit Chowdhry ● Today at 4:45 PM

5th Century Partners has completed the sale of portfolio company Radon Medical Imaging to Leonard Green & Partners, providing an exit after approximately four years of expanding the medical imaging services business.

EDGE Industrial Technologies Acquires Harvest Blade To Expand Resharpening Network

By Amit Chowdhry ● Today at 4:40 PM

EDGE Industrial Technologies has acquired Harvest Blade, a Salinas, California-based provider of industrial blade resharpening and supply services, expanding its presence in food processing and packaging.

Virent Capital Makes First Platform Investment In Kanahoma

By Amit Chowdhry ● Today at 4:37 PM

Virent Capital has made its first platform investment in Kanahoma, a San Diego-based higher education marketing and enrollment services company, supporting plans to build a broader full-service enrollment growth platform.

Fairbanks Morse Defense Awarded $99.09 Million U.S. Navy Submarine Contract

By Amit Chowdhry ● Today at 4:34 PM

Fairbanks Morse Defense has been awarded a $99.09 million Naval Sea Systems Command contract to provide life-extension services supporting six U.S. nuclear submarines through 2030. The company, which is backed by Arcline Investment Management, will provide repairs, parts, and labor for Emergency Diesel Generator overhauls on attack submarines and ballistic missile submarines.

Kivo Health Raises $10 Million Series A Led By Allumia Ventures

By Amit Chowdhry ● Today at 4:33 PM

Kivo Health has raised an oversubscribed $10 million Series A round led by Allumia Ventures to expand its AI-powered virtual care platform for seniors living with chronic disease. Corewell Health Ventures, Y Combinator, Heuristic Capital, and MassMutual Ventures also participated in the financing. The round brings Kivo’s total funding to more than $16 million.

Tenstorrent Raises $1.5 Billion Series E At $6.2 Billion Valuation

By Amit Chowdhry ● Today at 4:32 PM

Tenstorrent has raised $1.5 billion in Series E funding at a $6.2 billion post-money valuation to support high-volume manufacturing of its AI computing systems and expand commercially worldwide. The round was led by Trace Capital and Innovation X, with participation from new and existing investors including Agostinelli Group, ARK Invest, Brett Barna, Cadence Ventures, Eclipse, Fidelity Management & Research Company, Maverick Silicon, Morgan Stanley, Protagonist, Sandisk, T. Rowe Price, Tether Investments, Troluce Capital, Virtu Financial, and XTX Markets.

Evolve Media Acquires CafeMom, LittleThings And MamásLatinas

By Amit Chowdhry ● Today at 4:29 PM

Evolve Media has acquired digital media brands CafeMom, LittleThings, and MamásLatinas, expanding its parenting, family, and lifestyle portfolio with properties that collectively reach more than 40 million social media followers. Bright Mountain Technologies previously owned the three brands through Wild Sky Media.

Luxor Technology Raises $16 Million Strategic Round Led By CMT Digital

By Amit Chowdhry ● Today at 4:27 PM

Luxor Technology has raised $16 million in strategic financing led by CMT Digital to expand its AI compute, hardware, energy, and derivatives businesses. Canaan, MicroBT, Halo, Steelhead, and additional angel investors participated in the round, which includes a combination of primary and secondary capital.

Bizcap Secures $175 Million Credit Facility To Expand Across North America

By Amit Chowdhry ● Today at 4:25 PM

Bizcap has secured a $175 million credit facility from a U.S. institutional credit manager to increase its lending capacity and support continued expansion across the United States and Canada.

Enstructure Names Four Regional Presidents Following LOGISTEC Marine Services Acquisition

By Amit Chowdhry ● Today at 4:24 PM

Enstructure has appointed four Regional Presidents to oversee its expanded North American marine terminal network following the acquisition of LOGISTEC’s marine services division.

Terradot Secures $34 Million HASI Financing For Carbon Removal Projects

By Amit Chowdhry ● Today at 4:24 PM

Terradot and HA Sustainable Infrastructure Capital have closed a $34 million senior secured term loan to finance enhanced rock weathering carbon removal projects across the United States and Brazil.

Avante Raises $30 Million Series A Led By Frist Cressey Ventures

By Amit Chowdhry ● Today at 4:23 PM

Avante has raised $30 million in Series A funding to expand its enterprise AI platform for employee benefits teams. Frist Cressey Ventures led the round, with participation from Sorenson Capital, Hearst Ventures, Morgan Stanley Next Level Fund, and existing investor FUSE. The financing brings Avante’s total funding to $40 million.

Byzfunder Names Filippo Guidi As Chief Strategy Officer

By Amit Chowdhry ● Today at 4:22 PM

Byzfunder has appointed Filippo Guidi as Chief Strategy Officer to oversee capital markets, strategic planning, ventures, and partnerships as the small-business lender expands its institutional funding base.

University Of Detroit Mercy Receives $7.75 Million For Defense Technology Workforce Programs

By Amit Chowdhry ● Today at 4:21 PM

University of Detroit Mercy has received a $7.75 million award from the U.S. Department of War to expand an education-to-workforce pipeline focused on critical technology disciplines.

Sycamore Tree Capital Partners Closes $504 Million Eighth CLO

By Amit Chowdhry ● Today at 4:20 PM

Sycamore Tree Capital Partners has closed its eighth collateralized loan obligation, a $504 million vehicle investing primarily in broadly syndicated loans issued by U.S. companies.

OriginPoint Adds We Fund LA Team With Over $200 Million In Annual Mortgage Production

By Amit Chowdhry ● Today at 4:19 PM

OriginPoint Mortgage has added the We Fund LA mortgage team, bringing more than $200 million in annual mortgage production to the company as it expands across Southern California.

HealthSpan Partners To Acquire Surgery Partners For $5.7 Billion

By Amit Chowdhry ● Today at 3:31 PM

HealthSpan Partners has agreed to acquire Surgery Partners in an all-cash transaction valued at approximately $5.7 billion in enterprise value, creating a larger outpatient surgical care platform with a national footprint.

Tata Communications To Invest Up To $450 Million In 10,000-Kilometer India AI Super Highway

By Amit Chowdhry ● Today at 3:29 PM

Tata Communications plans to invest approximately $400 million to $450 million to build an AI-ready connectivity network spanning about 10,000 kilometers across India.

Cloudera Expands Enterprise AI Ecosystem With Mistral AI, VAST Data, Neo4j, And Cartesia

By Amit Chowdhry ● Today at 3:28 PM

Cloudera has expanded its Enterprise AI Ecosystem with Mistral AI, VAST Data, Neo4j, and Cartesia, adding new capabilities across enterprise knowledge, AI models, voice, and infrastructure.

General Atlantic And NFL’s 32 Equity Form Global Sports Investment Partnership

By Amit Chowdhry ● Today at 3:28 PM

General Atlantic and 32 Equity, the National Football League's strategic investment vehicle, have formed a global strategic partnership to pursue growth investment opportunities across the sports industry.

Stonepeak Completes Acquisition Of Chicago Parking Meters From Morgan Stanley Infrastructure Partners, Allianz And ADIA

By Amit Chowdhry ● Today at 3:26 PM

Stonepeak has completed its acquisition of Chicago Parking Meters, the operator of the City of Chicago’s on-street parking system, from a consortium comprising Morgan Stanley Infrastructure Partners, Allianz, and a wholly owned subsidiary of the Abu Dhabi Investment Authority.

Motive Partners Completes Acquisition Of Mobius From Phoenix Equity Partners

By Amit Chowdhry ● Today at 3:25 PM

Motive Partners has completed its acquisition of Mobius, a UK-based pension investment platform, from Phoenix Equity Partners following receipt of required regulatory approvals.