Innovation

Luzern Risk: $12 Million (Series A) Closed For End-To-End Captive Insurance Platform

By Amit Chowdhry ● Apr 11, 2025

Luzern Risk (formerly XN Captive) announced a $12 million Series A funding round from Caffeinated Capital to advance its goal of modernizing captive insurance for the underserved middle market.

Radiant Logic: Strategic Growth Funding Raised From Ridgeview Partners

By Amit Chowdhry ● Apr 11, 2025

Radiant Logic, an Identity Security Posture Management (ISPM) solutions company, announced a strategic growth investment from Ridgeview Partners. Upon the deal's completion, Ridgeview will join existing investor TA Associates to support Radiant Logic’s continued global expansion and innovation in the ISPM space.

Limoneira: $20 Million Cash Distribution From Real Estate Development JV

By Amit Chowdhry ● Apr 11, 2025

Limoneira - a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations - announced that it has received $10 million as its share of a $20 million cash distribution from its 50%/50% real estate development joint venture, Harvest at Limoneira, with The Lewis Group of Companies.

Lincoln Financial: $825 Million Investment Raised From Bain For 9.9% Stake

By Amit Chowdhry ● Apr 11, 2025

Lincoln Financial announced an $825 million strategic growth investment from Bain Capital. Bain Capital will buy a 9.9% stake in Lincoln Financial, creating significant alignment and long-term value creation opportunities across various strategic initiatives over time, focusing on advancing Lincoln’s goal of sustained profitable growth.

Nuro: $106 Million (Series E) Raised At $6 Billion Valuation For Autonomous Driving Platform

By Amit Chowdhry ● Apr 11, 2025

Autonomous driving technology Nuro announced it has raised $106 million so far in its ongoing Series E funding round, which values the company at $6 billion.

Rondah AI: $1.8 Million (Pre-Seed) Closed For Helping Dental With Appointment Bookings

By Amit Chowdhry ● Apr 11, 2025

Rondah AI, an AI platform purpose-built for dental service organizations (DSOs), announced a $1.8 million pre-seed funding round co-led by 2048 Ventures and Twelve Below.

Tax Protection Plus: Investment Raised From Quad-C Management

By Amit Chowdhry ● Apr 11, 2025

Quad-C Management (a leading middle-market private equity firm) announced an investment in Tax Protection Plus (TPP), a provider of post-filing tax solutions for tax professionals and taxpayers. The investment highlights Quad-C's commitment to partnering with high-quality businesses and management teams to drive growth.

OQ Chemicals Acquired By Strategic Value Partners And Blantyre Capital

By Amit Chowdhry ● Apr 11, 2025

Strategic Value Partners (a global alternative investment firm with about $22 billion of assets under management) and Blantyre Capital (a London-based investment manager with over €2.7 billion of long-term capital commitments) announced that SVP-managed funds and Blantyre-managed funds have acquired OQ Chemicals, a leading global producer and merchant of oxo chemicals. As part of the deal, OQ Chemicals will reinstate its name to OXEA, reaffirming its longstanding presence in the global chemicals industry.

Neuranics: $8 Million (Seed) Raised To Advance Magnetic Sensing Technology

By Amit Chowdhry ● Apr 11, 2025

Neuranics - a Scottish deep-tech semiconductor company driving the future of human-machine interaction - announced it has raised $8 million in seed funding to advance global growth and the commercial adoption of its Tunnelling Magnetoresistance (TMR) magnetic sensing technology.

Global Gaming League: $10 Million (SAFE) Closed For Multi-Title Platform

By Amit Chowdhry ● Apr 11, 2025

The Global Gaming League (GGL), which is a global gaming entertainment and media company, announced the raising of $10 million for its SAFE round led by Solyco Capital. GGL was founded by Grammy-nominated, multi-platinum music producer, and entrepreneur Clinton Sparks, in partnership with music icon T-Pain and tech visionary Jeff Hoffman (Priceline, UBid, Booking.com).

Octane: $6.75 Million (Seed) Raised For AI-Based Cybersecurity For Crypto

By Amit Chowdhry ● Apr 11, 2025

Octane announced it has secured $6.75 million in a seed funding round co-led by Archetype and Winklevoss Capital. The funding round also included participation from Gemini, Circle, Legion Capital, Druid Ventures, Duke Capital Partners and strategic angels including Balaji Srinivasan, Sina Habibian, and others.

ZOZO Buying Lyst In $154 Million Deal

By Amit Chowdhry ● Apr 11, 2025

LYST (a leading global fashion shopping platform) announced it has entered into a definitive agreement to be acquired by ZOZO, which operates a leading fashion e-commerce platform in Japan, for $154 million. Following the deal's closing, Lyst will become a wholly owned subsidiary of ZOZO. ZOZO and Lyst together share a vision to transform the online fashion shopping experience by bringing joy back to fashion discovery.

Five Good Friends: Strategic Growth Investment Raised From TPG

By Amit Chowdhry ● Apr 11, 2025

Five Good Friends announced a strategic investment from leading global alternative asset management firm TPG to fund its continued growth in the home care industry.

DNSFilter Buying Zorus To Improve End User Protection

By Amit Chowdhry ● Apr 11, 2025

DNSFilter - a cybersecurity leader in content and threat filtering at the DNS layer - announced its acquisition of Zorus, an innovative provider of endpoint-based web filtering and user behavior analytics. This strategic deal extends DNSFilter's filtering capabilities and reinforces its commitment to Managed Service Providers (MSPs).

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.