Innovation

Omada: Investment Raised From GRO And Kirk Kapital

By Amit Chowdhry ● May 5, 2025

Omada—a leader of Identity Governance and Administration (IGA) software—announced a new phase in its partnership with existing investor GRO. Together with Kirk Kapital, Omada will take a majority ownership position to support its continued expansion and innovation.

Dawn Health: €11.5 Million Raised For Scaling Pharma Digital Health Solutions

By Amit Chowdhry ● May 5, 2025

Dawn Health, a leader in digital health, announced it has secured a €11.5 million funding round from its existing investors, Chr. Augustinus Fabrikker, the Export and Investment Fund of Denmark (EIFO), and Trifork.

Birdsboro Power: Strategic Value Partners Acquires Stake In The Facility

By Amit Chowdhry ● May 5, 2025

Strategic Value Partners, an alternative investment firm with about $22 billion of assets under management, announced that its managed funds completed the acquisition of a stake in Birdsboro Power, which is a 485-megawatt natural gas-fired combined-cycle generation facility located in Berks County, Pennsylvania.

Dataminr: $100 Million Investment Raised From Fortress

By Amit Chowdhry ● May 5, 2025

Dataminr announced the closing of a $100 million convertible financing from funds managed by affiliates of Fortress Investment Group.

TTV Capital: Lynne Laube And Rachel Hamilton Named As Venture Partners

By Amit Chowdhry ● May 5, 2025

TTV Capital, an early-stage fintech venture capital firm, announced that Lynne Laube and Rachel Hamilton have joined as venture partners. And in these roles, Laube and Hamilton will provide strategic counsel to TTV Capital's portfolio companies based on their decades of experience scaling early-stage fintech companies.

True Anomaly: $260 Million Raised For Building Space Security

By Amit Chowdhry ● May 5, 2025

True Anomaly announced its $260 million fundraising effort. The Series C funding was led by Accel, with participation from Meritech Capital and existing investors Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures, and Narya. Stifel Bank is providing debt capital.

Rensselaer Polytechnic Institute: $10 Million Gift From Alumnus And Entrepreneur Ajit Prabhu

By Amit Chowdhry ● May 5, 2025

Rensselaer Polytechnic Institute (RPI) announced it has received a $10 million gift from Ajit Prabhu ’98, founder and CEO of Quest Global, to establish the Ajit Prabhu Catalyst Endowment and the Ajit Prabhu Catalyst Fund in support of the Office of Strategic Alliances and Translation (OSAT). Prabhu launched the fund to assist RPI students and faculty entrepreneurs.

Peek: Series A Raised For Virtual Leasing Platform

By Amit Chowdhry ● May 5, 2025

Peek, a virtual leasing platform that helps property managers and owners accelerate the leasing process and reduce vacancy loss, announced that it has raised $5 million in Series A funding. The funding round was led by Moneta Ventures, with participation from Timber Grove Ventures and other existing investors.

Ara Partners: Over $800 Million Raised For Inaugural Infrastructure Fund

By Amit Chowdhry ● May 5, 2025

Ara Partners, a global investment firm dedicated to decarbonizing the industrial economy, announced that it has raised over $800 million for its Ara Infrastructure strategy, including its debut Fund, Ara Infrastructure Fund I, and associated co-investment vehicles.

Blacksmith: $3.5 Million Raised For High-Performance CI Cloud Platform

By Amit Chowdhry ● May 5, 2025

Blacksmith, a high-performance CI cloud designed to compete with industry giants in an AI world, announced $3.5 million in seed funding led by GV (Google Ventures) and Y Combinator, with participation from angel investors including Spencer Kimball, CEO of Cockroach Labs; Peter Mattis, CTO of Cockroach Labs; and Rich Aberman, Co-Founder of WePay by J.P. Morgan.

Smith Point Capital: Over $360 Million Raised For Inaugural Fund

By Amit Chowdhry ● May 5, 2025

Smith Point Capital Management—an operator-led venture capital firm shaping the intelligent enterprise—announced the final closing of its inaugural fund, Smith Point Capital Fund I. With over $360 million in aggregate commitments, Smith Point Capital Fund I exceeded its target of $300 million.

Mission Wealth: Strategic Investment Raised From Great Hill Partners

By Amit Chowdhry ● May 5, 2025

Mission Wealth (coinciding with its 25th anniversary) announced a minority investment from Great Hill Partners, a private equity firm that invests in high-growth companies.

Sunoco Buying Parkland Corporation In $9.1 Billion Deal

By Amit Chowdhry ● May 5, 2025

Sunoco and Parkland Corporation announced that they have entered into a definitive agreement under which Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt.

Skymel: Interview With Co-Founders Neetu Pathak & Sushant Tripathy on Building Adaptive AI Systems

By Amit Chowdhry ● May 5, 2025

Skymel recently unveiled its Orchestrator Agent (OA) – the industry’s first real-time AI deployment agent – designed to adaptively manage where and how AI models run across both local devices and the cloud. Built on the company’s core NeuroSplit technology, the Orchestrator Agent allows developers to configure infrastructure decisions instantly, eliminating long deployment cycles. Pulse 2.0 spoke with Skymel co-founders Neetu Pathak (CEO) and Sushant Tripathy (CTO) to learn more about their backgrounds, the motivation behind the company, and how their hybrid AI infrastructure is changing the way intelligent applications are built and delivered.