Innovation

Dycom Industries To Buy Power Solutions In $1.95 Billion Deal

By Amit Chowdhry ● Nov 20, 2025

Dycom Industries has entered into a definitive agreement to acquire Power Solutions for a total valuation of $1.95 billion, marking one of the company’s most significant expansion moves into the rapidly growing data center infrastructure sector. The acquisition is expected to close before the end of the fiscal year, pending customary approvals.

GE HealthCare Announces $2.3 Billion Acquisition Of Intelerad

By Amit Chowdhry ● Nov 20, 2025

GE HealthCare announced that it has agreed to acquire Intelerad for $2.3 billion in cash, marking one of its most significant strategic moves to date to expand its cloud-first, AI-driven medical imaging capabilities.

Citi Reveals Major Leadership Transition As Mark Mason Steps Down As CFO And Gonzalo Luchetti Takes Over

By Amit Chowdhry ● Nov 20, 2025

Citi announced a significant leadership transition, with longtime Chief Financial Officer Mark Mason preparing to exit the role in early March 2026. Following a structured transition process, Gonzalo Luchetti, who has served as Head of U.S. Personal Banking since 2021, will become the next CFO. Mason will assume the role of Executive Vice Chair and Senior Executive Advisor to Chair and CEO Jane Fraser, supporting strategic initiatives and preparations for Citi’s upcoming Investor Day.

Hershey Completes Acquisition Of LesserEvil To Expand Better For You Snacking Portfolio

By Amit Chowdhry ● Nov 20, 2025

The Hershey Company has finalized its acquisition of LesserEvil, a fast-growing organic snack brand known for products that blend bold flavors with better-for-you ingredients. The transaction adds a high-velocity name to Hershey’s expanding snacking ecosystem, broadening consumer choice and strengthening the company’s position in the better-for-you and salty snack categories.

Arkview Capital Completes Acquisition Of NeoTech To Accelerate High-Reliability Manufacturing Growth

By Amit Chowdhry ● Nov 20, 2025

Arkview Capital has completed its acquisition of NeoTech, a leading provider of high-reliability electronic manufacturing services for the defense, aerospace, medical, industrial, and advanced technology sectors. The deal strengthens NeoTech’s position as a mission-critical supplier while giving the company new capital and strategic support to scale its operations.

Ara Partners Acquires Majority Stake In Centric Fiber To Accelerate Fiber-To-The-Home Expansion

By Amit Chowdhry ● Nov 20, 2025

Ara Partners has completed the acquisition of a majority-controlling stake in Centric Fiber, marking a significant expansion of its infrastructure portfolio as the firm continues to target investments aligned with industrial decarbonization. The deal brings Ara Partners back into partnership with Centric Fiber’s leadership team, following a previous collaboration from 2018 to 2021. Terms of the transaction were not disclosed.

DealHub Expands AI-Era Revenue Capabilities With Acquisition Of Subskribe

By Amit Chowdhry ● Nov 20, 2025

DealHub has announced a significant expansion of its Quote-to-Revenue capabilities with the acquisition of Subskribe, a leading subscription management, consumption metering, and billing platform built for the AI-driven economy. The deal strengthens DealHub’s position in enterprise CPQ by integrating Subskribe’s advanced billing and revenue technologies into a unified, AI-powered system.

King Risk Partners Acquires Acacia Insurance To Accelerate Northeast Expansion

By Amit Chowdhry ● Nov 20, 2025

King Risk Partners has expanded its presence in the Northeast with the acquisition of Acacia Insurance, a Massachusetts-based independent agency serving New England for more than 30 years. The deal strengthens King Risk Partners’ footprint in the region and reflects its strategic approach to partnering with organizations that align with its culture and long-term growth priorities.

Avista Healthcare Partners Completes Acquisition Of PK Benelux

By Amit Chowdhry ● Nov 20, 2025

Avista Healthcare Partners has completed its acquisition of PK Benelux, a major player in the Netherlands’ vitamins, minerals, and supplements market. The transaction strengthens Avista’s position in the consumer health sector. And it marks the firm’s seventh platform investment in this category, extending its strategy of partnering with founder-led businesses across North America and Western Europe.

GTCR Acquires Fiduciary Trust Company To Expand Wealth Management Platform

By Amit Chowdhry ● Nov 20, 2025

GTCR has reached a definitive agreement to acquire Fiduciary Company Incorporated and its operating subsidiaries, collectively known as Fiduciary Trust Company, in a transaction that will introduce the first institutional capital into the 140-year-old wealth management firm. The Chicago-based private equity firm is partnering with CEO Austin Shapard and the company’s management team to accelerate growth, broaden service offerings, and further strengthen Fiduciary’s longstanding client relationships.

Penske Automotive Group Expands With Acquisition Of Four High-Volume Toyota And Lexus Dealerships

By Amit Chowdhry ● Nov 20, 2025

Penske Automotive Group has completed a significant expansion in California and Texas with the acquisition of four high-performing Toyota and Lexus dealerships, including Longo Toyota, the largest Toyota dealership in the United States. The acquisition also includes Longo Lexus in El Monte, Lexus of Stevens Creek in San Jose, and Longo Toyota of Prosper in the Dallas metropolitan area.

Ascertis Credit Reaches First Close Of Fund IV At $520 Million

By Amit Chowdhry ● Nov 20, 2025

Ascertis Credit has secured a first close of $520 million for its fourth fund, marking a significant step toward its $1 billion target. The close represents the largest first close for a performing private credit fund in India. It reinforces investor confidence in the firm’s strategy, track record, and expanding presence across India and Southeast Asia.

Goldenpeak Closes £375 Million Inaugural Fund Following Rapid 12-Week Raise

By Amit Chowdhry ● Nov 20, 2025

Goldenpeak has announced the first and final close of its debut private equity vehicle, Goldenpeak Fund I, at £375 million. The firm completed the raise in just over 12 weeks, attracting strong demand from leading institutional investors across Europe and the United States.

Peek: $70 Million Funding Raised And Acquisitions Of ACME Ticketing And Connect&GO

By Amit Chowdhry ● Nov 20, 2025

Peek has announced a significant expansion push, including the acquisitions of ACME Ticketing and Connect&GO, and has secured a $70 million investment led by Springcoast Partners. The combined moves strengthen Peek’s position as a leading technology provider across the $330 billion global experiences market, where it already processes more than $1.5 billion in annual bookings.

Kester Closes Fourth Private Equity Fund At £425 Million

By Amit Chowdhry ● Nov 20, 2025

Kester has completed the first and final close of Kester Capital Fund IV at its hard cap of £425 million, following a four-month fundraising period that attracted significant interest from both existing and new institutional backers. The close marks a substantial leap from the firm’s previous vehicle, which secured £200 million in third-party commitments.

Luma AI: $900 Million Series C Raised As HUMAIN Partners On 2-Gigawatt Saudi Supercluster

By Amit Chowdhry ● Nov 20, 2025

Luma AI announced a significant expansion of its multimodal artificial intelligence ambitions with the closing of a $900 million Series C funding round, led by HUMAIN, the Public Investment Fund-backed company focused on full-stack global AI infrastructure. The round included participation from AMD Ventures and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners.

SeraGene Therapeutics: Strategic Investment Raised From Pathway To Cures To Advance RNA-Based Treatments For Coagulation Disorders

By Amit Chowdhry ● Nov 20, 2025

Pathway to Cures, the venture philanthropy fund of the National Bleeding Disorders Foundation, has made a new investment in SeraGene Therapeutics, a biotechnology company developing RNA-based and nanomedicine treatments for blood coagulation disorders. The financing adds a mission-driven investor to SeraGene’s growing roster of backers as the company advances therapies designed to improve outcomes for patients with inherited bleeding conditions.

Earflo Secures Investment To Accelerate At-Home Pediatric Ear Care Innovation

By Amit Chowdhry ● Nov 20, 2025

Earflo has received a $415,000 social-mission investment from the Richard King Mellon Foundation, marking a significant milestone in the company’s efforts to bring a non-invasive, at-home treatment for negative middle ear pressure to young children. The funding will directly support regulatory clearance, manufacturing, and commercialization activities as the company prepares its device for launch.

Hyperfine: $3.7 Million Grant Received To Accelerate Global Brain Health Initiatives

By Amit Chowdhry ● Nov 20, 2025

Hyperfine has received a $3.7 million grant from the Gates Foundation, enhancing the company’s efforts to advance global brain health through its FDA-cleared AI-powered portable MRI technology. The funding will support the development and expansion of neonatal brain imaging capabilities through 2028, with a focus on resource-constrained regions where access to traditional neuroimaging remains limited.

Granite: $10 Million Raised From BGF To Accelerate Global Expansion

By Amit Chowdhry ● Nov 20, 2025

Granite, which is Ireland’s largest independent digital specialist, has secured a $10 million investment from BGF to accelerate its acquisition strategy, strengthen its international footprint, and expand its digital service offering with a notable emphasis on artificial intelligence. The infusion of capital marks one of BGF’s latest moves in scaling Irish technology businesses and represents a significant endorsement of both Ireland’s digital economy and Granite’s proven growth trajectory.

AI Proteins: $41.5 Million Series A Raised To Advance De Novo Miniprotein Therapeutics

By Amit Chowdhry ● Nov 20, 2025

AI Proteins has secured $41.5 million in Series A funding to expand the development of its de novo miniprotein therapeutics, marking a significant step toward establishing a new category of purpose-built protein medicines. The round was led by Mission BioCapital and Santé Ventures, with participation from existing backers including Lightchain Capital, Cobro Ventures, and additional investors.

Biocentis: $19 Million Raised To Advance Programmable Biology Platform For Next-Generation Insect Control

By Amit Chowdhry ● Nov 20, 2025

Biocentis has secured a $19 million funding package to advance its genetically engineered insect technologies aimed at reducing the global health, agricultural, and biodiversity threats posed by harmful insect species. The raise combines a $13 million seed equity investment led by the Grantham Foundation for the Protection of the Environment and Algebris Investments, along with a $6 million award from Wellcome.

Workday To Buy Pipedream To Expand AI Connectivity And Strengthen Enterprise Automation

By Amit Chowdhry ● Nov 20, 2025

Workday has signed a definitive agreement to acquire Pipedream, a leading integration platform for AI agents, in a move that deepens its enterprise AI strategy by connecting trusted HR and finance data with more than 3,000 business applications.

Kraken: $800 Million Raised To Accelerate Expansion Of On-Chain Financial Infrastructure

By Amit Chowdhry ● Nov 20, 2025

Kraken has secured $800 million in new funding to advance its strategy of bringing traditional financial products on-chain, marking one of the company’s most significant capital events since its founding in 2011. The funding was completed across two tranches, with the primary tranche backed by institutional investors, including Jane Street, DRW Venture Capital, HSG, Oppenheimer Alternative Investment Management, and Tribe Capital, as well as a significant commitment from Arjun Sethi’s family office. The company also executed an agreement for a $200 million strategic investment from Citadel Securities at a $20 billion valuation.

Kerv.ai: Series B Secured To Accelerate Expansion Of Its AI-Powered Contextual Commerce Platform

By Amit Chowdhry ● Nov 20, 2025

Kerv.ai announced it has closed its Series B funding round, led by Coral Tree Partners, marking a significant step toward scaling its AI-driven contextual commerce and video intelligence solutions. The funding follows a period of substantial commercial momentum, during which the company experienced strong adoption of its interactive and shoppable video technologies across the advertising and media ecosystem.

Synthio Labs: $5 Million Seed Round Raised To Build Voice AI Operating System For Life Sciences Engagement

By Amit Chowdhry ● Nov 20, 2025

Synthio Labs has secured a $5 million seed round to advance its clinical-grade voice AI platform, positioning the company as a foundational technology provider for customer engagement across the life sciences sector. Elevation Capital led the funding with participation from 1984 Ventures, Peak XV Partners, Y Combinator, and several strategic healthcare and AI industry angels.

Sprocket Sports Secures Series A From Frontier Growth To Advance Expansion In Youth Sports Technology

By Amit Chowdhry ● Nov 20, 2025

Sprocket Sports has closed a Series A investment round led by Frontier Growth, marking a significant milestone in the company’s expansion within the youth sports technology sector. The Chicago-based company, founded in 2020, has rapidly positioned itself as a major modern entrant in the competitive market for youth sports club management solutions.

IBM And University Of Dayton Launch Joint Semiconductor Research Collaboration Backed By Over $10 Million In Equipment Contributions

By Amit Chowdhry ● Nov 20, 2025

IBM and the University of Dayton have unveiled a new research and development collaboration focused on next-generation semiconductor technologies, marking a significant expansion of their existing partnership and a major investment in the future of United States chip innovation.

Method Security: $26 Million Raised To Advance Autonomous Cyber Defense Platform

By Amit Chowdhry ● Nov 20, 2025

Method Security has raised $26 million across its Seed and Series A rounds as it accelerates efforts to deliver autonomous cyber defense systems to the U.S. Government and major enterprises. The investment was co-led by Andreessen Horowitz and General Catalyst, with participation from Blackstone Innovations Investments, Crossbeam Ventures, NFDG, Forward Deployed Ventures, Pax Ventures, WndrCo, 515 Ventures, and prominent industry leaders, including Phil Venables of Google, Frederic Kerrest of Okta, Ryan Noon of Material Security, and Aaron Levie of Box.

Numeric: $51 Million Series B Closed To Expand Into Full Finance Automation Platform

By Amit Chowdhry ● Nov 20, 2025

Numeric has secured a $51 million Series B funding round as the San Francisco-based company advances from close management software into a comprehensive finance automation platform. IVP led the round with participation from Menlo Ventures, Founders Fund, Alkeon, 8VC, Socii Capital, Access Industries, Friends & Family Capital, Long Journey Ventures, and Fifth Down, as well as strategic individual investors Marc Huffman, former CEO of BlackLine, and Ron Gill, former CFO of NetSuite. The new capital brings Numeric’s total funding to $89 million.