Innovation

EQT Selling Karo Healthcare To KKR

By Amit Chowdhry ● Apr 11, 2025

EQT and KKR announced that EQT VIII fund agreed to sell Karo Healthcare to KKR. This deal marks the next chapter for Karo as it continues to advance its growth strategy under KKR's ownership, building on its transformation into one of Europe's leading consumer health platforms since EQT's initial investment.

F.N.B. Acquiring Raptor Partners To Expand Capital Markets Services

By Amit Chowdhry ● Apr 11, 2025

F.N.B. and its wholly owned broker dealer subsidiary announced that it has entered into a definitive agreement to buy Raptor Partners, an independent investment banking firm focused on delivering financial advisory services to public and private companies.

Penn State University: Student Startups Win Funding Prizes For Inc.U Competition

By Amit Chowdhry ● Apr 11, 2025

Penn State University revealed in a news release that Joy Tac (a student startup from Penn State Harrisburg) won first place and $15,000 in the 2025 Invent Penn State Inc.U Competition. And as a kickoff to Penn State Startup Week powered by PNC, six student teams from four Penn State campuses pitched their startups to a panel of judges, competing for $30,000 in total funding prizes.

H.I.G. Capital: Acquisition Of GetixHealth Completed

By Amit Chowdhry ● Apr 11, 2025

H.I.G. Capital, a global alternative investment firm with $68 billion under management, announced that an affiliate has completed a strategic investment in GetixHealth.

Pantheon: $5.2 Billion Raised For Third Senior Credit Secondaries Program

By Amit Chowdhry ● Apr 11, 2025

Global private markets investor Pantheon announced the closing of a record $5.2 billion into Pantheon Senior Debt III (PSD III) and related vehicles, featuring closed-end co-mingled funds, evergreen and rated insurance vehicles, and separately managed accounts.

Olaris: Strategic Investment Raised From Labcorp

By Amit Chowdhry ● Apr 11, 2025

Olaris, a precision medicine company leveraging metabolomics and machine learning to discover and develop its myOLARIS diagnostics products, announced an investment from Labcorp, a leader of innovative and comprehensive laboratory services, as part of its Series-B1 financing. Labcorp joins existing investors Robert Carpenter, Innospark Ventures, North Point Partners, Alumni Ventures, and new investor US Boston Growth Capital.

SecondWave Systems: $7 Million (Series A) Raised For Advancing Ultrasound-Based Anti-Inflammatory Therapy Platform

By Amit Chowdhry ● Apr 10, 2025

SecondWave Systems, a clinical-stage medical device company developing a novel ultrasound-based treatment for inflammatory disorders, announced that it has closed a $7 million Series A financing round. The funding was led by Treo Ventures, a major healthcare strategic investor, with participation from Scientific Health Development and the University of Minnesota's Discovery Capital and SSBCI funds.

Taylor Farms Buying FarmWise’s Operations

By Amit Chowdhry ● Apr 10, 2025

Taylor Farms, which is a leading producer of ready-to-eat salads and healthy fresh foods, announced its acquisition of FarmWise’s business, an agricultural technology robotics company specializing in precision weeding and thinning solutions.

incident.io: $62 Million (Series B) Raised To Help Engineering Teams Fix Issues Faster

By Amit Chowdhry ● Apr 10, 2025

incident.io, an end-to-end incident management platform used by engineering teams at companies like Netflix, Linear, Ramp, and Etsy, announced it has raised $62 million in Series B funding. This funding round was led by Insight Partners and with continued support from Index Ventures and Point Nine Capital. And this round brings the total funding to over $96 million.

groundcover: $35 Million (Series B) Raised For eBPF-Driven Observability Platform

By Amit Chowdhry ● Apr 10, 2025

groundcover, an eBPF-driven observability platform for modern architectures, announced that it raised $35 Million in Series B funding led by Zeev Ventures with follow-up participation from Angular Ventures, Heavybit, and Jibe Ventures. This round brings the company's total funding to $60 million.

illumicell AI: $2 Million (Pre-Seed) Closed For Male Fertility Diagnostics Platform

By Amit Chowdhry ● Apr 10, 2025

illumicell AI, which was founded by Harvard-trained physician Michel Bielecki, former McKinsey consultant Jeyla Sadikova, and rocket engineer Loup Cordey, announced it has raised $2 million in pre-seed funding to accelerate development of the first portable lab scanner and real-time AI platform for fluid-based diagnostics, capable of analyzing cells and biomarkers within minutes. Investors include several top-tier healthcare operators, clinicians, and early-stage funds such as KOFA Healthcare, Harvard Phoenix Venture Fund, and MedTechSyndicates.

Thoughtful Automation: Growth Investment Raised From New Mountain Capital

By Amit Chowdhry ● Apr 10, 2025

Thoughtful Automation, a leading AI-based revenue cycle automation company, announced a strategic investment from New Mountain Capital, an investment firm with over $55 billion in assets under management. This funding will support Thoughtful.ai’s next growth phase and further advance automation and AI adoption to address the complex challenges facing healthcare providers.

Atempo Growth: First Closing Of Second Fund At €300 Million

By Amit Chowdhry ● Apr 10, 2025

Atempo Growth announced the first closing of its second fund, Atempo Growth II SCA, SICAV-RAIF, which will finance high-growth tech companies in Europe. In this initial stage, the fund has raised €300 million to increase the platform’s assets under management to over €700 million. The target for the final close of the second fund—earmarked for Q1 of 2026—is between €400 and 500 million.

P10: Acquisition Of Qualitas Funds Completed

By Amit Chowdhry ● Apr 10, 2025

P10, a private markets solutions provider, has completed its acquisition of Qualitas Equity Funds SGEIC, S.A., for an initial purchase price of $63 million, with the potential for additional earnout consideration.

Starwood Capital Buying 11 Master-Planned Texas-Based Communities For $800 Million

By Amit Chowdhry ● Apr 10, 2025

A joint venture between an affiliate of Starwood Capital (a global private investment firm with a primary focus on real estate) and an affiliate of Land Strategies Management (DBA Starwood Land) announced that it has completed the acquisition of a portfolio of master-planned communities in Texas from Hines (a global real estate investment manager) for about $800 million.

AppWork: $13 Million (Series A) Raised For Streamlining Maintenance Operations For Property Management

By Amit Chowdhry ● Apr 10, 2025

AppWork, a rapidly growing software platform purpose-built to streamline maintenance operations for multifamily property management teams, announced it has secured a $13 million Series A investment led by Resolve Growth Partners, a growth equity firm focused on investing in and scaling leading vertical SaaS companies.

Humach Buying AI-Based Financial Communications Platform Markets EQ

By Amit Chowdhry ● Apr 10, 2025

AI customer experience company Humach (Humans + Machines) announced the acquisition of Albany, N.Y.-based Markets EQ, known for bringing AI-powered voice analytics to Wall Street. And Markets EQ transforms high-impact financial communications and provides unique data access across earnings calls.

Bliss Aesthetics: $17.5 Million Seed Funding Closed For Platform Connecting Patients With Plastic Surgeons

By Amit Chowdhry ● Apr 10, 2025

Bliss Aesthetics, which is an AI-driven platform for cosmetic enhancement, announced a $17.5 million seed funding round to grow the platform. Shine Capital led the funding round, followed by Synchrony Ventures, Sheva Ventures, Point72 Ventures, and Cerca Partners.

Symphonic Capital: $13.5 Million Debut Fund Launched

By Amit Chowdhry ● Apr 10, 2025

Symphonic Capital, an early-stage VC firm investing in the next generation of institutions serving overlooked and underserved communities, announced it has officially closed its $13.5 million debut fund. This inaugural fund will be led by Sydney Thomas and focus on early-stage investments in founders closing access gaps across healthcare and financial services.

Caris Life Sciences: $168 Million Raised For Precision Medicine Platform

By Amit Chowdhry ● Apr 10, 2025

Caris Life Sciences - a next-generation AI TechBio company and precision medicine pioneer - announced that the company has closed a growth capital funding round of $168 million. With this round of funding, Caris has raised $1.86 billion in capital since 2018.

NexGen Cloud: $45 Million (Series A) Closed At $354 Million Valuation To Expand Sovereign AI Infrastructure In Europe

By Amit Chowdhry ● Apr 10, 2025

NexGen Cloud, a UK leader in AI infrastructure, announced it has closed its Series A round, raising $45 million at a valuation of $354 million. Backed by high-net-worth individuals and family trusts, this funding will drive global expansion and enhance sovereign AI capabilities in Europe.

Glimpse: $10 Million (Series A) Raised To Automate Deduction Management For CPG Brands

By Amit Chowdhry ● Apr 10, 2025

Glimpse, the first AI-based end-to-end deduction management service for CPG brands, announced it has closed an oversubscribed $10 million series A funding round. The funding round was led by 8VC and participated in by existing investors YCombinator, Origin Ventures, and Informed Ventures and new investor Allison Pickens, the former COO of Gainsight.

CTL Buying 3R Technology For Expanding ITAD Service Capabilities

By Amit Chowdhry ● Apr 10, 2025

CTL, a cloud-computing leader for education and enterprise, announced that it has acquired 3R Technology of Kent, Washington. CTL will assume immediate ownership, retaining 100% of 3R Technology's employees and facilities, as well as R2v3 recycling certification and NAID AAA data destruction certifications.

Manifest Global Buying BridgeU To Enhance International Education Portfolio

By Amit Chowdhry ● Apr 10, 2025

Manifest Global announced the acquisition of 100% of BridgeU from Kaplan. And BridgeU will join Manifest's portfolio of international education businesses, which includes global student guidance platform Cialfo.

Gallatin: $15 Million (Seed) Funding Secured For Transforming Defense Logistics

By Amit Chowdhry ● Apr 10, 2025

Gallatin AI, a defense technology company transforming military logistics through artificial intelligence, today emerged from stealth with $15 million in seed funding. Incubated within 8VC's Build program, which has launched defense unicorns Epirus and Saronic, Gallatin utilizes years of dedicated research in defense and commercial logistics innovation. The funding round was led by 8VC, joined by Silent Ventures, Moonshots Capital, Timeless Partners, and Banter Capital.

Zero Industrial: $10 Million (Series A) Closed For Advancing Development Of Thermal Energy Storage

By Amit Chowdhry ● Apr 10, 2025

Zero Industrial - a leading development company decarbonizing industrial heat by utilizing thermal energy storage (TES) systems - announced that it closed $10 million in funding led by Evok Innovations with participation from Rusheen Capital Management.

ARDRI: Strategic Acquisition Of The Lending Spot

By Amit Chowdhry ● Apr 10, 2025

ARDRI, a leader in intelligent non-QM and business-purpose lending solutions, announced the acquisition of The Lending Spot (TLS), a high-performing Non-QM lender founded and led by mortgage industry veteran Kevin O'Shaughnessy. This strategic deal aligns with ARDRI's mission to redefine the mortgage landscape through innovation, exceptional service, and intelligent expansion.

Metopio: Growth Investment Raised For Data-Driven Solutions For Community Health

By Amit Chowdhry ● Apr 10, 2025

Metopio announced it has secured a multi-million-dollar investment led by Plymouth Growth, which promises to transform how organizations uncover, understand, and act on critical community insights. This strategic funding marks a significant milestone in broadening access to data, empowering healthcare and public health professionals to make faster, more informed decisions that directly impact community well-being.

BioLife Solutions Buying Cryopreservation Solutions Company PanTHERA CryoSolutions

By Amit Chowdhry ● Apr 10, 2025

BioLife Solutions, a leading developer and supplier of bioproduction products and services for the cell and gene therapy (CGT) market, announced the acquisition of privately held PanTHERA CryoSolutions, a developer of novel cryopreservation solutions based on proprietary Ice Recrystallization Inhibitor (IRI) technology.

Turbine: Over $121 Million Raised For Liquidity Platform

By Amit Chowdhry ● Apr 10, 2025

Turbine, a liquidity platform driven by data science that provides credit facilities to venture investors, announced it has raised $13 million in Series A funding, co-led by Alpha Edison and TTV Capital and joined by Fin Capital, B Capital, and Sozo Ventures. This funding and the company’s previously unannounced $8.75 million in seed funding bring Turbine's total funding raised to $121.75 million.