Innovation

Keystone Agency: Majority Stake Acquired By Warburg Pincus

By Amit Chowdhry ● Jul 19, 2025

Warburg Pincus, a global leader in private equity growth investing, plans to acquire a majority stake in Keystone Agency Partners, a prominent insurance broker network. While financial details remain undisclosed, the investment aims to boost Keystone's innovation and expansion. Bain Capital, which launched Keystone in 2020, will retain a minority stake through a new investment from Bain Capital Insurance.

Hadrian: $260 Million Raised For Building AI-Based Factories For America

By Amit Chowdhry ● Jul 19, 2025

Hadrian, an advanced manufacturing company specializing in AI-powered factories for the American defense sector, has announced the acquisition of $260 million in capital. This investment will facilitate significant expansions in California and Arizona, adding nearly five football fields of manufacturing space. The funds will enhance research and development (R&D) capabilities and create specialized teams for shipbuilding and naval defense.

Chevron: $55 Billion Deal For Hess Completed

By Amit Chowdhry ● Jul 19, 2025

Chevron Corporation has completed its acquisition of Hess, following the successful resolution of all closing conditions, including a favorable arbitration outcome regarding Hess' offshore assets in Guyana.

TechVision: Fund II Closed At Over €50 Million

By Amit Chowdhry ● Jul 19, 2025

TechVision Fund (TVF) II has successfully completed its final closing, raising over €50 million. As the fourth generation of venture capital funds managed by TVF Management GmbH, TVF II focuses on investing in tech startups at the pre-seed and seed stages, primarily in the Rhineland/North Rhine-Westphalia (NRW) region and the Euregio Meuse-Rhine (Netherlands/Belgium).

Q.ANT: €62 Million Secured For Photonic Processing Platform

By Amit Chowdhry ● Jul 19, 2025

Q.ANT, a leader in photonic processing, has secured €62 million in a Series A financing round to accelerate the commercialization of its energy-efficient photonic processors for artificial intelligence (AI) and high-performance computing (HPC). The funding was co-led by Cherry Ventures, UVC Partners, and imec.xpand, includes participation from various deep tech investors. This significant investment aims to transform AI computing.

Exein: €70 Million Series C Raised For Building Digital Immune System For IoT Devices

By Amit Chowdhry ● Jul 19, 2025

Exein, a leader in embedded IoT security, has secured €70 million in a Series C funding round to advance its mission of developing a digital immune system for connected devices, providing real-time security solutions. The funding, led by Balderton with contributions from Supernova, Lakestar, and previous investors, will enable Exein's global expansion into key markets, including the United States, Japan, Taiwan, and South Korea.

Receive: $4 Million Seed Funding Raised For Democratizing Financial Access For SMBs

By Amit Chowdhry ● Jul 18, 2025

Receive, a fintech startup focused on democratizing financial access for small businesses, has emerged from stealth mode with a $4 million seed funding round led by NGVP, raising its total funding to $7.1 million. Supported by investors like Blank Ventures and Insight Partners, Receive addresses issues such as delayed payouts and high capital costs that hinder SMB growth.

Blockskye: $15.8 Million Secured For Overhauling Corporate Travel

By Amit Chowdhry ● Jul 18, 2025

Blockskye, a global travel infrastructure company focused on modernizing enterprise travel, has raised $15.8 million in a funding round led by Blockchange, with participation from United Airlines Ventures, Lightspeed Faction, and others.

Social Mobile Buying Sonim Technologies In Deal Valued Up To $25 Million

By Amit Chowdhry ● Jul 18, 2025

Social Mobile, a leader in custom enterprise mobility solutions, has announced an agreement to acquire the assets and current liabilities of Sonim Technologies, known for its mission-critical mobile devices. Valued at $20 million, the all-cash transaction includes a potential $5 million earn-out.

Reckitt Selling Essential Home Stake For Up To $4.8 Billion

By Amit Chowdhry ● Jul 18, 2025

Reckitt Benckiser Group has finalized an agreement with Advent International to divest its Essential Home business for up to $4.8 billion, while retaining a 30% stake in the company. This aligns with Reckitt's July 2024 strategic plan to focus on 11 high-growth Powerbrands.

Graco To Buy Color Service In €63 Million Deal

By Amit Chowdhry ● Jul 18, 2025

Graco has recently announced a definitive agreement to acquire Color Service, a company specializing in automated dosing systems for both powder and liquid applications. The acquisition is valued at €63 million, subject to certain financial adjustments.

Prosperity Bancshares To Buy American Bank For An Estimated $321.5 Million

By Amit Chowdhry ● Jul 18, 2025

Prosperity Bancshares, the parent company of Prosperity Bank, has agreed to merge with American Bank Holding Corporation, acquiring American Bank and its subsidiary.

Trinity Hunt Partners Invests In DACS Asphalt & Concrete

By Amit Chowdhry ● Jul 18, 2025

Private equity firm Trinity Hunt Partners has made a majority investment in DACS Asphalt & Concrete, a leading provider of commercial asphalt paving and parking lot maintenance services.

Hunt Companies: Majority Stake In Carter Acquired

By Amit Chowdhry ● Jul 18, 2025

El Paso-based Hunt Companies has acquired a majority stake in Carter, a leading real estate investment and development firm in Atlanta, GA. This deal enhances Carter’s capabilities in mixed-use and residential development, allowing it to pursue larger projects across the U.S.

LeadStory: $2.75 Million Seed Funding Raised For Advanced AI Video Search Platform

By Amit Chowdhry ● Jul 18, 2025

LeadStory, an innovative on-demand news streaming platform, has secured $2.75 million in Seed funding to enhance its AI-driven video search functionality and expand its global audience of 10 million.

Teletactica: $1.5 Million Raised For Scaling Advanced Communication Systems

By Amit Chowdhry ● Jul 18, 2025

Teletactica, a Ukrainian DefenseTech company specializing in jamming-resistant communication systems, has secured a $1.5 million investment from MITS Capital and Green Flag Ventures. MITS Capital is an investment group focused on Ukrainian defense innovation, and this funding round builds on Teletactica's participation in the MITS Acceleration Program and a previous pre-seed round.

York Space Systems To Buy ATLAS Space Operations

By Amit Chowdhry ● Jul 18, 2025

York Space Systems, a defense technology company focused on enhancing U.S. space-based capabilities, has announced its agreement to acquire ATLAS Space Operations (ATLAS), a leader in Ground Software as a Service (GSaaS) for satellite communications.

Bank First To Buy Centre 1 Bancorp In $174.3 Million All-Stock Deal

By Amit Chowdhry ● Jul 18, 2025

Bank First Corporation, the parent company of Bank First, N.A., has announced a merger agreement to acquire Centre 1 Bancorp, Inc., the parent company of The First National Bank and Trust Company, in an all-stock deal valued at about $174.3 million.

BroadStreet Partners: Strategic Investment Raised For Insurance Brokerage Platform

By Amit Chowdhry ● Jul 18, 2025

BroadStreet Partners, a leading middle-market insurance brokerage, has completed a strategic investment led by Ethos Capital, British Columbia Investment Management Corporation (BCI), and White Mountains Insurance Group.

TEDCO: Collide Capital Picked To Support Investment Of Allocated SSBCI Funding

By Amit Chowdhry ● Jul 18, 2025

TEDCO, Maryland's economic development engine, has chosen Collide Capital as an early-stage venture capital fund manager to manage and invest up to $10 million from the U.S. Department of Treasury's State Small Business Credit Initiative (SSBCI) funding.

AWAKE Chocolate: C$8 Million Secured For Caffeine Alternative

By Amit Chowdhry ● Jul 18, 2025

AWAKE Chocolate, known for its delicious caffeinated chocolate bites and bars, has successfully raised C$8 million in its latest investment round. This includes C$5 million from Btomorrow Ventures, the corporate venturing arm of British American Tobacco, and C$3 million from BDC Capital. The latest funding round boosts AWAKE's total investment to C$15.5 million.

GigaIO: $21 Million Closed For Scaling AI Inferencing Infrastructure Solutions

By Amit Chowdhry ● Jul 18, 2025

GigaIO, a leader in scalable AI inferencing infrastructure, has secured $21 million in the first tranche of its Series B financing, led by Impact Venture Capital with contributions from CerraCap Ventures, G Vision Capital, Mark IV Capital, and SourceCode Cerberus.

38 Degrees North: Over $230 Million In Corporate Growth Capital Announced

By Amit Chowdhry ● Jul 18, 2025

38 Degrees North, a community solar and distributed renewable energy platform, has secured a growth equity investment from Climate Adaptive Infrastructure (CAI) and Kimmeridge Energy Management Company, raising its total capital to over $230 million. The company has also acquired U.S. Light Energy, which has a project pipeline of over 250 megawatts (MW).

Occupi: Over $3 Million Raised For Property Management Payment Solutions

By Amit Chowdhry ● Jul 18, 2025

Occupi, an Alabama-based fintech company, has successfully completed its oversubscribed seed funding round, raising $3.105 million. The round was co-led by Fenway Summer and Assurant Ventures, with investments from social impact firms like Halcyon Venture Partners and Sorenson Impact Foundation, along with various private investors from states including Washington D.C., Georgia, Utah, and Alabama.

Verisk To Buy SuranceBay For Expanding Life And Annuity Platform

By Amit Chowdhry ● Jul 18, 2025

Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a provider of producer licensing and compliance solutions for the life and annuity industry, for $162.5 million in cash.

Vanta To Buy Riskey For Transforming Vendor Risk With AI-Based Monitoring

By Amit Chowdhry ● Jul 18, 2025

Vanta, a leading AI-based trust management platform, has acquired Riskey, an innovator of real-time monitoring of third- and fourth-party risks. This integration enhances Vanta's Vendor Risk Management (VRM) by replacing static assessments with continuous, AI-driven risk intelligence.

Veolia Buying Icetec To Expand Distributed Energy Business In North America

By Amit Chowdhry ● Jul 18, 2025

Environmental services leader Veolia has completed its acquisition of Icetec, a Pennsylvania-based digital and distributed energy management company with over 20 years of experience in generating energy savings and operational improvements.

RealPage Acquiring Flexible Payment Solutions Company Livble

By Amit Chowdhry ● Jul 18, 2025

Real estate software company RealPage is enhancing the resident experience by acquiring Livble, a provider of flexible payment solutions for multifamily properties. The integration of Livble into LOFT, RealPage’s comprehensive resident experience platform, and Buildium, its property management software, will allow residents to split their rent payments into up to four installments per month, aligning payments with their cash flow. Property managers benefit from guaranteed on-time rent, real-time reporting, and improved financial visibility through a unified platform, while RealPage handles all non-payment risks and collection processes.

Knipper Health Buying eBlu Solutions To Enhance Medical Investigations

By Amit Chowdhry ● Jul 18, 2025

Knipper Health, a leader in therapy initiation and backed by Frazier Healthcare Partners, has acquired eBlu Solutions, a technology platform that enhances real-time medical and pharmacy benefit investigations, electronic prior authorization, and digital patient access enrollment.

I-Mab To Buy Bridge Health Biotech

By Amit Chowdhry ● Jul 18, 2025

I-Mab, a U.S.-based biotech company focused on precision immuno-oncology for cancer, has entered into a definitive agreement to acquire 100% of Bridge Health Biotech.