Innovation

BlueWave: $247 Million In Credit Facilities Closed

By Amit Chowdhry ● Aug 6, 2025

BlueWave, a leading solar and storage developer in the Northeast U.S., has secured two major financing deals with support from Axium Infrastructure. The company obtained a $125 million revolving construction-to-term loan facility and a $122 million corporate revolving credit facility.

C8 Health: $12 Million Series A Raised For Implementation Platform For Healthcare

By Amit Chowdhry ● Aug 6, 2025

C8 Health, a platform for implementing best practices in healthcare, has announced a $12 million Series A funding round led by Team8, bringing total funding to $18 million, which includes a $6 million Seed round.

Runloop: $7 Million Seed Funding Raised To Bring Enterprise-Grade Infrastructure To AI Coding Agents

By Amit Chowdhry ● Aug 6, 2025

Runloop, an enterprise-grade infrastructure platform for developing and deploying AI coding agents, has raised $7 million in a seed round led by The General Partnership, with participation from Blank Ventures. The funds will be used to accelerate hiring and enhance the product roadmap to meet the growing demand for its platform.

Multibeam: $31 Million Series B Raised To Advance E-Beam Lithography Production Solutions

By Amit Chowdhry ● Aug 6, 2025

Multibeam has successfully raised $31 million in Series B funding from global investors, led by Onto Innovation and Lam Capital, the venture capital arm of Lam Research. Other contributors include UMC Capital and MediaTek Capital, as well as several financial and corporate investors.

Ingentis: Investment Raised From Carlyle

By Amit Chowdhry ● Aug 6, 2025

Carlyle has announced its investment in Ingentis Group, a leading provider of organizational charting, design, and analytics software. The current management team will reinvest significantly and continue to lead the company, while existing investor Maguar Capital Partners exits.

Wattch: $6 Million Seed Raised To Expand Energy Management Solutions

By Amit Chowdhry ● Aug 6, 2025

Wattch, a provider of monitoring and control solutions for solar and battery storage, has raised $6 million in a seed funding round led by Spero Ventures, with contributions from cybersecurity pioneer Christopher Klaus and other energy investors.

Beal Bank USA: $443 Million Provided To CBL Properties

By Amit Chowdhry ● Aug 6, 2025

Beal Bank USA has announced an additional $110 million investment in CBL Properties, increasing the total to $443 million to support the acquisition of four enclosed regional malls: Mesa Mall in Grand Junction, Colorado; Paddock Mall in Ocala, Florida; Ashland Town Center in Ashland, Kentucky; and Southgate Mall in Missoula, Montana.

Uzum: $70 Million At $1.5 Billion Valuation Raised For Fintech Platform

By Amit Chowdhry ● Aug 6, 2025

Uzum, Uzbekistan's leading digital ecosystem, has raised nearly $70 million in equity financing from Tencent, VR Capital, and FinSight Ventures, a U.S. fund focused on AI, fintech, and super-app investments. This funding has increased Uzum's post-money valuation to approximately $1.5 billion, reflecting strong operational and financial growth.

Lyric: $43.5 Million Series B Closed For Transforming Supply Chain Decision Making

By Amit Chowdhry ● Aug 6, 2025

Lyric, a leading AI-driven platform for supply chain decision-making, has raised $43.5 million in Series B funding, led by Insight Partners with participation from several other investors.

OLarry: $10 Million Series A Raised For Proactive Tax Planning Platform For HNWIs

By Amit Chowdhry ● Aug 6, 2025

OLarry, an innovative tax firm for high-net-worth individuals and businesses, has raised $10 million in a Series A funding round led by TTV Capital, with support from Walkabout Ventures and Marin Sonoma Impact Ventures. This brings the company's total funding to $14.5 million.

ketteQ: $20 Million Series B Raised For Scaling AI-Based Supply Chain Planning Innovations

By Amit Chowdhry ● Aug 6, 2025

ketteQ, a leader in adaptive supply chain planning solutions, has raised $20 million in Series B funding led by Vocap Partners.

Ezee Fiber: $400 Million Investment To Expand Fiber-To-The-Premises Network In The Greater Chicagoland Area

By Amit Chowdhry ● Aug 6, 2025

Ezee Fiber has announced the expansion of its 100% fiber network into the greater Chicagoland area, bringing its multi-gig fiber internet to residential and business customers in DuPage, Cook, Lake, Kane, and Will counties. Installations are set to begin in the fourth quarter of 2025.

Promptfoo: $18.4 Million Series A Raised For Open Source AI Security Testing Platform

By Amit Chowdhry ● Aug 6, 2025

Promptfoo, an open-source framework for AI red-teaming and security testing, has announced $18.4 million in Series A financing led by Insight Partners, with participation from Andreessen Horowitz.

Matrice.ai: Funding Raised To Build Modular Vision AI Factories For Real-World Environments

By Amit Chowdhry ● Aug 6, 2025

Matrice.ai, which develops modular Vision AI Factories for real-world applications, has announced an expansion of its seed funding round led by Voltage Park, with additional support from Ax3.ai, Plug and Play Ventures, and a group of notable angel investors.

AskTuring.ai: Oversubscribed Funding Raised For Launching Secure Personal AI Platform

By Amit Chowdhry ● Aug 6, 2025

AskTuring.ai has completed an oversubscribed funding round and is set to launch its secure platform this fall. This innovative platform addresses the growing demand for privacy-first artificial intelligence (AI) solutions that prioritize user needs over those of tech giants.

Mayer Brown: Nikolai Sokolov Added As New Partner In PE Practice

By Amit Chowdhry ● Aug 6, 2025

Mayer Brown has announced the addition of Nikolai Sokolov as a new partner in its private equity practice, based in the firm's Frankfurt office. Sokolov joins from Hogan Lovells, bringing extensive experience advising both private equity and strategic investors on a variety of domestic and international transactions.

JustPark Buying Oobeo To Streamline Parking Solutions

By Amit Chowdhry ● Aug 6, 2025

JustPark, a parking technology platform, has announced its acquisition of Oobeo, a startup specializing in valet, permit management, and contactless parking software. The acquisition is a key part of JustPark's growth strategy in North America.

Jeh Aerospace: $11 Million Series A Raised For Scaling Next-Gen Aerospace Manufacturing

By Amit Chowdhry ● Aug 6, 2025

Jeh Aerospace, a rapidly growing aerospace manufacturing startup, has raised $11 million in a Series A funding round. The investment was led by Elevation Capital, with existing investor General Catalyst also participating.

Bain Capital And 11North Partners Acquire $395 Million Retail Portfolio

By Amit Chowdhry ● Aug 6, 2025

Bain Capital and 11North Partners have announced the acquisition of a portfolio of ten open-air retail centers in Florida and South Carolina for approximately $395 million. The purchase, executed through a new joint venture between the two firms, continues their strategy of investing in high-growth markets.

Hueman People Solutions Acquires Empower Partnerships, Launches New RPO Division

By Amit Chowdhry ● Aug 6, 2025

Hueman People Solutions, a national provider of recruitment process outsourcing (RPO), has acquired Empower Partnerships, an RPO and HR consulting firm. This acquisition allows Hueman to significantly expand its presence in commercial sectors and officially launch its new division, Hueman RPO Commercial.

Pyxl Buying HOOK, Expanding Creative And Global Reach

By Amit Chowdhry ● Aug 6, 2025

Pyxl, a full-service digital agency, has acquired HOOK, an award-winning creative agency known for its emotionally resonant brand campaigns. This acquisition strengthens Pyxl's creative capabilities and expands its ability to serve clients across the U.S. and Europe.

First Due: $355 Million Raised To Advance Public Safety Technology

By Amit Chowdhry ● Aug 6, 2025

First Due, a leading all-in-one software platform for public safety agencies, has secured a significant $355 million strategic minority growth investment. The funding round was led by JMI Equity, with participation from TCV and continued support from Serent Capital.

Allegion Buying UK Security Provider UAP

By Amit Chowdhry ● Aug 6, 2025

Allegion, a leading global provider of security products, has acquired UAP Group Limited (UAP), a prominent security solutions company based in the UK.

Glassbox: Investment Secured From Poalim Equity To Boost AI In Financial Services

By Amit Chowdhry ● Aug 6, 2025

Glassbox, a leading provider of digital experience analytics for financial institutions, has secured a minority investment from Poalim Equity, the investment arm of Israel's largest financial group, Bank Hapoalim.

Brightstar Capital Partners Acquires Analyte Health

By Amit Chowdhry ● Aug 6, 2025

Brightstar Capital Partners, a private equity firm, has acquired Analyte Health, a technology-driven, direct-to-consumer digital health company. As part of the deal, Fiyyaz Pirani, Analyte's founder, will remain CEO and maintain a significant ownership stake.

Joby Aviation To Buy Blade’s Passenger Business In $125 Million Deal

By Amit Chowdhry ● Aug 6, 2025

Joby Aviation, a developer of electric air taxis, has agreed to acquire Blade Air Mobility's urban air mobility passenger business. The acquisition will provide Joby with immediate access to key urban markets, including New York City and Southern Europe. It will enable it to leverage Blade’s extensive experience in passenger transportation. Blade’s Medical division is not part of the deal and will remain a separate, publicly traded company.

Employee Navigator Secures $100 Million Investment For HR Platform

By Amit Chowdhry ● Aug 6, 2025

Employee Navigator, a provider of benefits administration and HR software, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity.

LRS Acquires GHW to Enter Indianapolis Market

By Amit Chowdhry ● Aug 6, 2025

LRS, a major provider of waste diversion, recycling, and environmental solutions, has announced the acquisition of GHW, a local waste company based in Indianapolis. This acquisition marks a strategic expansion for LRS into the Indianapolis market.

Circet USA Acquires SourceOne, Boosting Telecom Engineering Capabilities

By Amit Chowdhry ● Aug 6, 2025

Circet USA, a provider of network infrastructure services, has acquired SourceOne, a utility consultant specializing in outside plant engineering and design for the telecom and utility sectors. This strategic acquisition enhances Circet USA's ability to offer end-to-end infrastructure solutions nationwide.

Moonshine AI Raises Funding To Advance On-Device Voice AI

By Amit Chowdhry ● Aug 6, 2025

Moonshine AI, a startup developing voice AI solutions that run directly on devices, has secured investments from venture capital firm Wing VC and IQT, a strategic investor for the U.S. national security community.