Archives

HASI And KKR Add $1 Billion Commitment To CarbonCount Holdings 1

By Amit Chowdhry ● Dec 16, 2025

HA Sustainable Infrastructure Capital (HASI) and global investment firm KKR have agreed to increase their capital commitment to CarbonCount Holdings 1 LLC (CCH1) by a combined $1 billion, adding $500 million each to expand the co-investment vehicle’s capacity to finance sustainable infrastructure projects across the United States.

Jordan Partners Backs Vanguard Claims Administration With Strategic Growth Investment

By Amit Chowdhry ● Dec 16, 2025

Jordan Partners has made a strategic growth investment in Vanguard Claims Administration, Inc., a third-party administration and independent adjusting platform serving the property and casualty insurance market, as Vanguard looks to expand its national footprint and deepen its technology and reporting capabilities.

Mirelo: $41 Million Seed Funding Raised To Bring AI Soundtracks To Video, Gaming, And Visual Media

By Amit Chowdhry ● Dec 16, 2025

Mirelo, a Germany-based foundation model company focused on sound for videos, has raised a $41 million seed round led by Index Ventures and Andreessen Horowitz. Atlantic.vc and TriplePoint Capital also participated, along with notable angel investors: Yariv Adan, Alex Berriche, Léon Bottou, Burkay Gur, Thomas Hofmann, Antoine Le Nel, Coco Mao, Arthur Mensch, Laura Modiano, Jakob Uszkoreit, and Thomas Wolf.

Iconic: $13 Million Seed Round Raised To Build On Device AI For Interactive Entertainment

By Amit Chowdhry ● Dec 16, 2025

Iconic disclosed that it has raised a $13 million seed financing round to advance its on-device AI technology for what it calls a new category of interactive entertainment. The round was co-led by Kindred Ventures and Northzone, with participation from Google AI Futures Fund, Conviction, Deepwater Asset Management, Sequoia Capital scouts, and a group of angel investors.

QuantumDiamonds Announces €152 Million Investment For Building Quantum-Sensing Chip Test System Production Facility In Munich

By Amit Chowdhry ● Dec 15, 2025

QuantumDiamonds announced a €152 million investment plan to establish the world’s first production facility for advanced chip testing systems based on quantum sensing. The facility will be located in Munich, Germany, and is intended to support the company’s scale-up from research and proof-of-concept work into global production.

WSP To Buy TRC For $3.3 Billion To Build Top U.S. Power And Energy Platform

By Amit Chowdhry ● Dec 15, 2025

WSP Global has agreed to acquire TRC Companies, a U.S.-based engineering and consulting firm known for its Power and Energy franchise, in an all-cash deal valued at US$3.3 billion. WSP said the transaction would expand its capabilities across the full infrastructure lifecycle and elevate the combined business into the largest engineering and design firm in the U.S. by revenue, with roughly 27,000 employees nationwide following closing.

PayPal Files To Launch Utah-Chartered Industrial Bank To Broaden Small Business Lending and Add Savings Accounts

By Amit Chowdhry ● Dec 15, 2025

PayPal Holdings has submitted applications to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation seeking approval to establish PayPal Bank. This proposed Utah-chartered industrial loan company would deepen the fintech giant’s role in small business financial services in the United States.

Ritten: $35 Million Series B Closed To Expand AI Platform For Behavioral Health Providers

By Amit Chowdhry ● Dec 15, 2025

Ritten, an AI-powered system of record for behavioral health providers, has raised a $35 million Series B funding round led by Five Elms Capital, with participation from existing investors Threshold Ventures, 8VC, Bienville Capital, and others. The Philadelphia-based company said the financing will support expansion across mental health and addiction treatment providers spanning all levels of care.

OnCorps AI: $55 Million Closed To Scale Agentic Fund Operations Platform

By Amit Chowdhry ● Dec 15, 2025

OnCorps AI, an agentic AI platform focused on fund operations for asset managers and fund administrators, has raised $55 million in growth capital from Long Ridge Equity Partners as it looks to accelerate product development, expand go-to-market capacity, and scale infrastructure to support a growing customer base.

Realm.Security: $2 Million Strategic Investment Raised From Presidio Ventures

By Amit Chowdhry ● Dec 15, 2025

Realm.Security, a Boston-based cybersecurity company building what it calls the industry’s first AI-native Security Data Pipeline Platform, has secured a $2 million strategic investment from Presidio Ventures, the corporate venture arm of Japan-headquartered Sumitomo Corporation. The company said it will use the funding and Sumitomo’s global network to accelerate expansion across Asia-Pacific through channel partners, while continuing to strengthen its executive leadership as demand grows for tools that help security teams manage the rising volumes of telemetry data and the costs of storing and processing it.

iRobot Agrees To Be Acquired By Lender And Supplier Picea In Chapter 11 Process

By Amit Chowdhry ● Dec 15, 2025

iRobot Corporation, the maker of Roomba consumer robots, said it has entered into a Restructuring Support Agreement with its secured lender and primary contract manufacturer, Shenzhen PICEA Robotics Co., Ltd. and Santrum Hong Kong Co., Limited, collectively referred to as Picea, paving the way for Picea to acquire iRobot through a court-supervised process.

Sobi To Acquire Arthrosi For Up To $1.5 Billion, Adding Phase 3 Gout Asset AR882

By Amit Chowdhry ● Dec 15, 2025

Swedish Orphan Biovitrum AB has signed an acquisition agreement to buy Arthrosi Therapeutics in a transaction valued at up to $1.5 billion, Viva Biotech said. Under the terms disclosed, Sobi will pay $950 million upfront at closing, subject to customary adjustments, plus up to $550 million in contingent consideration tied to future milestones. The companies expect the transaction to close in the first half of 2026.

Axion: $37 Million Series B Raised To Expand AI Platform For Manufacturing Product Quality

By Amit Chowdhry ● Dec 15, 2025

Axion Ray, which operates as Axion, has raised a $37 million Series B funding round led by Salesforce Ventures with participation from Bessemer Venture Partners, Schneider Electric Ventures, and other existing investors. The New York-based company said the financing will support the expansion of its AI-powered product quality platform for manufacturers and accelerate product development as it scales deployments across industries.

Baker McKenzie: Adele Harrison Hired As London Data And Cyber Partner

By Amit Chowdhry ● Dec 15, 2025

Baker McKenzie has hired data and cyber specialist Adele Harrison as a partner in its London-based Data & Cyber team, strengthening the firm’s capability in cybersecurity, data privacy, and regulatory investigations as client demand grows in the wake of escalating cyber risk and enforcement activity.

Duke Nicholas Institute Launches Dashboard Ranking Power Sector Competitiveness Across 12 Southeastern States

By Amit Chowdhry ● Dec 15, 2025

Duke University’s Nicholas Institute for Energy, Environment & Sustainability has launched a new interactive resource designed to help stakeholders compare the competitiveness of the power sector across the Southeast, offering a state-by-state view of policies and market features that shape how utilities, regulators, producers, and consumers interact.

Purdue University: Campuswide AI Graduation Requirement Approved

By Amit Chowdhry ● Dec 15, 2025

Purdue University unveiled a sweeping artificial intelligence strategy on Friday, Dec. 12, anchored by a new graduation requirement that will make “AI working competency” a core expectation for all undergraduate students at the university’s main campus locations in Indianapolis and West Lafayette.

PolyAI: $86 Million Series D Closed To Scale Enterprise Voice Agents And Agent Studio Platform

By Amit Chowdhry ● Dec 15, 2025

PolyAI, an enterprise conversational AI company focused on automating customer interactions, has raised $86 million in Series D funding in a round co-led by Georgian, Hedosophia, and Khosla Ventures. Additional participants include NVentures (NVIDIA’s venture capital arm), British Business Bank, Citi Ventures, Squarepoint Ventures, Sands Capital, Zendesk Ventures, and Point72 Ventures.

Cynch AI: $9 Million Raised To Accelerate Acquisition-Led Expansion

By Amit Chowdhry ● Dec 15, 2025

True Global Ventures has led a $9 million equity investment round in Cynch AI, a San Francisco-based company building AI native tax automation software and pursuing acquisition-led growth in the tax and accounting market. The round also included participation from existing investors Permanent Capital, AI Capital, Clear Ventures, and Factory HQ, according to the firms.

Impulse Dynamics: Over $158 Million Raised To Advance Next Generation Heart Failure Devices

By Amit Chowdhry ● Dec 15, 2025

Impulse Dynamics, a medical device company focused on therapies for heart failure, said it has raised more than $158 million in financing to expand commercialization and support development across its clinical and technology pipelines.

Locus FS: $40 Million In Strategic Investment Raised To Expand Biomanufacturing And Scale Bio-Based Additives

By Amit Chowdhry ● Dec 15, 2025

Locus Fermentation Solutions (known as Locus FS) has secured more than $40 million in growth capital this year as it ramps up biomanufacturing capacity and expands commercialization of its bio based additives across oil and gas, mining, agriculture, and industrial and consumer packaged goods markets.

SK Capital To Invest In Swixx BioPharma In Deal Valued At Over €1.5 Billion

By Amit Chowdhry ● Dec 15, 2025

SK Capital Partners, a New York-based private investment firm focused on life sciences, specialty materials, and ingredients, has reached a definitive agreement through an affiliate to invest in Swixx BioPharma AG as the company looks to accelerate its next phase of growth and global expansion. The transaction values Swixx at more than €1.5 billion.

Relation: Additional $26 Million Raised To Advance Lab In The Loop Drug Platform

By Amit Chowdhry ● Dec 15, 2025

Relation Therapeutics has raised an additional $26 million from existing investors NVentures, DCVC, and Magnetic Ventures as it continues building an AI-driven drug discovery and development platform focused on improving confidence in the underlying biology of disease.

DISCO Pharmaceuticals: €36 Million Seed Funding Raised And Mark Manfredi Named As CEO

By Amit Chowdhry ● Dec 15, 2025

DISCO Pharmaceuticals has appointed biotech executive Mark Manfredi, Ph.D., as chief executive officer and completed the final close of a €36 million seed financing round to advance its pipeline of surfaceome-targeted drug candidates for hard-to-treat tumors.

Surf: $15 Million Raised To Scale AI Model Built For Digital Asset Research

By Amit Chowdhry ● Dec 15, 2025

Surf, an AI intelligence platform focused on digital assets, has raised $15 million in funding led by Pantera Capital, with participation from Coinbase Ventures and Digital Currency Group. The San Francisco-based company said the new capital will be used to develop Surf 2.0 and expand its enterprise offering as demand rises among crypto traders, researchers, and investors for faster and more reliable market intelligence.

Trendtracker: $7 Million Series A Raised To Scale AI-Based Strategic Intelligence Platform

By Amit Chowdhry ● Dec 15, 2025

Trendtracker, a Ghent, Belgium-based scale-up building an AI-powered strategic intelligence platform, has raised $7 million in Series A funding to accelerate global expansion and deepen product development. Armilar led the round with participation from existing investor Capricorn Partners.

Reel Power International: New Investment Secured From StoneTree

By Amit Chowdhry ● Dec 15, 2025

StoneTree Investment Partners, a private equity firm focused on lower-middle-market industrial businesses, has invested in Reel Power International, an Oklahoma City-based manufacturer of engineered equipment used in wire, cable, and flexible-material handling applications.

Amca Acquires Aerospace Control Products To Expand Hydraulic Pressure Switch Portfolio

By Amit Chowdhry ● Dec 15, 2025

Amca, a Los Angeles-based aerospace and defense company, has acquired Aerospace Control Products, Inc. (ACPI), a Davenport, Iowa, manufacturer known for flight-critical pressure and liquid-level switches, as the buyer continues to build out a broader hydraulics-focused components platform. The transaction adds custom pressure measurement capabilities and expands Amca’s presence in hydraulic components used across major commercial aircraft programs.

Avocet Partners Launches With $500 Million Equity Commitment And Buys EMC National Life

By Amit Chowdhry ● Dec 15, 2025

Avocet Partners has launched a new insurance-focused investment and operating platform backed by $500 million of committed equity capital from funds managed by Oaktree Capital Management and Lane42 Investment Partners. The New York-based firm said it was formed to acquire, operate, and grow life insurance platforms while establishing an ecosystem of related investment and service entities.

MML Capital: Over €630 Million Raised For Debut Continuation Fund

By Amit Chowdhry ● Dec 15, 2025

MML Capital has closed its debut continuation vehicle, MML Dorchester SCSp, with more than €630 million of investor commitments after what the firm described as a significantly oversubscribed fundraising. MML said the continuation fund was created to acquire interests in two European business services companies currently held across prior MML Partnership Capital funds, alongside stakes owned by other shareholders. Under MML’s ownership, the firm said both companies delivered strong performance during the hold period, more than doubling EBITDA through a combination of organic growth and strategic acquisitions.

J.P. Morgan Asset Management: First Tokenized Money Market Fund Launched

By Amit Chowdhry ● Dec 15, 2025

J.P. Morgan Asset Management has launched its first tokenized money market fund, My OnChain Net Yield Fund (MONY), making it available on the public Ethereum blockchain. The firm said qualified investors can access the 506(c) private placement fund by subscribing through Morgan Money, its open-architecture trading and analytics platform for liquidity management that now integrates traditional and on-chain assets into a single institutional workflow.