Innovation

Saothair Capital Partners: Acquisition Of AAI Completed

By Amit Chowdhry ● Jul 30, 2025

Saothair Capital Partners, a private equity firm focused exclusively on investing in middle-market manufacturing and industrial companies, announced it has completed the acquisition of AAI from Halma Holdings through a newly formed affiliate.

PTAG: Acquisition Of Construct-X Completed

By Amit Chowdhry ● Jul 30, 2025

PTAG, a leading provider of project consulting, has completed its acquisition of Construct-X, a U.S.-based expert in Advanced Work Packaging (AWP) and Lean Project Delivery, as of June 30, 2025. Construct-X's tools, methods, and team now integrate with PTAG's Advanced Project Delivery platform to accelerate digital transformation and operational excellence.

HealthMark Group: Investment Raised From TA Associates

By Amit Chowdhry ● Jul 30, 2025

HealthMark Group, a provider of clinical information exchange solutions, announced a strategic investment from TA Associates to boost its growth and enhance healthcare data exchange using advanced technology. Management and Ridgemont Equity Partners will also hold ownership stakes, with TA as the new lead investor.

Positron AI: $51.6 Million Raised For Transforming GenAI With High-Performance Compute Systems

By Amit Chowdhry ● Jul 30, 2025

Positron AI, a leader in American-made semiconductors and inference hardware, announced the closing of a $51.6 million oversubscribed Series A round, raising over $75 million this year. Led by Valor Equity, Atreides Management, and DFJ Growth, with additional support from Flume Ventures, Scott McNealy, Resilience Reserve, 1517 Fund, and Unless. This funding supports the deployment of Atlas and the rollout of second-generation products in 2026.

Stonepeak: European Renewable Land Aggregation Platform JouleTerra Launched

By Amit Chowdhry ● Jul 30, 2025

Stonepeak, a leading alternative investment firm specializing in infrastructure, has launched JouleTerra, a land aggregation platform for renewable energy sites across Europe. JouleTerra will acquire and lease land to renewable energy operators under long-term contracts, facilitating access to land they would otherwise need to procure and develop.

Fable Security: $31 Million Raised For Human Risk Management Platform

By Amit Chowdhry ● Jul 30, 2025

Fable Security, a human risk management platform, launched with $31 million in funding from Greylock Partners and Redpoint Ventures. It protects enterprises across industries by deploying targeted, risk-based interventions in real time, directly where employees work.

MapLight: $372.5 Million Series D Funding Raised For Developing Therapeutics For Central Nervous System

By Amit Chowdhry ● Jul 30, 2025

MapLight Therapeutics announced a $372.5 million oversubscribed Series D financing, co-led by Forbion and Goldman Sachs Alternatives, with participation from Sanofi, T. Rowe Price, Avego BioScience, and existing investors like Novo Holdings, 5AM Ventures, and Blue Owl.

Root Evidence: $12.5 Million Seed Funding Raised For Security Platform

By Amit Chowdhry ● Jul 30, 2025

Root Evidence, a cybersecurity startup specializing in evidence-based security, has raised $12.5 million in a seed round. The oversubscribed funding was led by Ballistic Ventures with Grossman Ventures and others. The investment aligns talented cybersecurity leaders behind Root Evidence's goal of providing solutions that turn digital risk into measurable business results.

Apera AI: Series A Raised For 4D Vision For Industrial Robotic Automation

By Amit Chowdhry ● Jul 30, 2025

Apera AI, a leader in 4D Vision for industrial robotics, has announced a successful, oversubscribed Series A round, which includes a new investment from BDC Capital and increased participation from existing investors.

Rapidise Launched With $4 Million Seed Raised To Build AI-Connected Devices

By Amit Chowdhry ● Jul 30, 2025

Napino Tech Ventures and Teksun Microsys launched Rapidise Technology with $4 million in seed funding to transform the design and manufacturing of AI-connected devices. Rapidise is an ODM that designs, prototypes, certifies, and manages full product lifecycles for startups, SMBs, and enterprises, allowing clients to focus on branding while Rapidise delivers turnkey solutions.

ArcSpan: $5.2 Million Raised For Publisher Audience Monetization Platform

By Amit Chowdhry ● Jul 30, 2025

ArcSpan, a publisher-first monetization platform, has raised $5.2 million in a Seed Extension round to support its mission of helping digital publishers maximize revenue by transforming first-party data into high-performance audience solutions.

50 South Capital: Two Flagship Private Equity Funds Closed At Over $2 Billion

By Amit Chowdhry ● Jul 30, 2025

50 South Capital Advisors, part of Northern Trust Asset Management, announced the final closings of two flagship private equity funds, surpassing their fundraising goals. Private Equity Strategic Opportunities Fund V (PESOF V) closed with $1.2 billion, and Private Equity Core Fund XI (PECF XI) with $893 million, attracting investors from wealth, family offices, intermediaries, consultants, and institutions.

EQT And CPP Investments To Buy NEOGOV

By Amit Chowdhry ● Jul 30, 2025

EQT announced that EQT X and CPP Investments will acquire NEOGOV from funds managed by Warburg Pincus and Carlyle. Founded in 2000 and based in El Segundo, California, NEOGOV offers human capital management and public safety solutions to nearly 10,000 North American public sector organizations.