Archives

Glean: $150 Million Series F Raised At $7.2 Billion Valuation For Advancing Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Glean announced it has raised $150 million in Series F funding at a $7.2 billion valuation, advancing the company's mission to transform how enterprises unlock their collective knowledge through AI. The funding round was led by Wellington Management, with participation from new investors including Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital; and existing investors including Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital.

Fabriq: $25 Million Raised For Advancing Lean Manufacturing Operations

By Amit Chowdhry ● Jun 11, 2025

Fabriq, the Lean Daily Management (LDM) SaaS platform that empowers frontline manufacturing teams, announced that it has closed a $25 million growth equity investment led by Expedition Growth Capital, alongside its existing investor OSS Ventures.

Harbor: Majority Investment Raised From BayPine

By Amit Chowdhry ● Jun 11, 2025

Harbor Global, a provider of consulting and technology services to the legal industry, announced that it has received a majority investment from BayPine. This private investment firm drives digital transformation in market-leading businesses. And Harbor’s initial private equity sponsor, Renovus Capital Partners, will remain a significant investor in the company, alongside the existing Harbor management team. Terms of the transaction were not disclosed.

Manex AI: €8 Million Seed Round Closed For Enabling Autonomous Factories

By Amit Chowdhry ● Jun 11, 2025

Manex AI (formerly Datagon AI), an AI-based software platform for industrial quality management and process steering, announced a €8M seed round to build the control layer for autonomous manufacturing. The funding round was led by Lightspeed Venture Partners and BlueYard Capital, with participation from Capmont Technology and the CDTM Venture Fund.

Brookfield Advancing AI Infrastructure In Sweden With SEK 95 Billion Investment

By Amit Chowdhry ● Jun 11, 2025

Brookfield Asset Management announced up to SEK 95 billion ($10 billion) of investment to support the development of artificial intelligence (“AI”) infrastructure in Sweden. This investment represents one of Brookfield’s most significant AI investments in Europe, extending the partnership with the Swedish government, its public authorities, academia, and businesses in the region.

Simetrik: $30 Million Raised For Scaling AI Reconciliation Platform

By Amit Chowdhry ● Jun 11, 2025

Simetrik, a leading AI reconciliation platform that enables enterprises to automate complex reconciliation processes, standardize financial data, and ensure compliance across millions of transactions, announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives. Other Series B participants include Cometa, FinTech Collective, Moore Capital Management, Monashees, and Upload Ventures.

Iron Nation: $20 Million Fundraising Goal Achieved

By Amit Chowdhry ● Jun 11, 2025

Iron Nation, an impact fund dedicated to the continuity and growth of Israeli startups, announced that it has exceeded its target to raise a $20 million fund. This milestone enables Iron Nation to invest in over twenty high-potential Israeli startups, directly contributing to the resilience of Israel's tech ecosystem and ensuring that startups can grow during and after the crisis.

Weil: Tom Ara Named Joins As Partner In U.S. Private Equity Group

By Amit Chowdhry ● Jun 11, 2025

International law firm Weil, Gotshal & Manges announced that prominent entertainment, sports, and media (ESM) dealmaker Tom Ara has joined the firm as a partner in the U.S. Private Equity Group, leading the firm’s ESM practice based in the Los Angeles office.

Sema4.ai: $25 Million Series A Extension Raised For Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Sema4.ai, an enterprise AI agent company, announced the general availability of its Sema4.ai Team Edition on Snowflake Marketplace. The company also revealed a $25 million Series A extension round, bringing its total Series A funding to $55.5 million. The funding round includes participation from Snowflake Ventures, Rocketship VC, MVP Ventures, and COX Enterprises, along with returning investors Mayfield and Benchmark.

Igneo Infrastructure Partners Buying Infinity Aviation

By Amit Chowdhry ● Jun 11, 2025

Igneo Infrastructure Partners (a global infrastructure investment manager with $20.5 billion in assets under management) announced it has acquired Infinity Aviation Group, a fixed-based operator (FBO) platform based in Nashua, New Hampshire. As part of the deal, Igneo has acquired a portfolio of on-airport assets at Boire Field in Nashua (KASH), a public-use general aviation airport located 50 miles from downtown Boston. The assets include hangarage, line services, and fueling operations at the airfield. The transaction terms were not disclosed.

Amperos Health: $4.2 Million Seed Funding Raised For AI Biller Platform

By Amit Chowdhry ● Jun 11, 2025

Amperos Health announced the launch of Amanda, the world's first AI biller specifically created for healthcare providers, designed to reduce denials and recover outstanding claims for revenue cycle management (RCM) teams. And Amperos has secured a $4.2 million seed funding round from top venture capital firms Uncork Capital, Neo, and Nebular, alongside strategic angel investors from OpenAI, Twilio, and Stripe, bringing its total funding to $5 million to date.

Merlin Ventures: $75 Million Inaugural Fund Closed

By Amit Chowdhry ● Jun 11, 2025

Merlin Ventures announced the closing of its oversubscribed inaugural fund, exceeding its $75 million target. And with a strong emphasis on the growing Israeli tech ecosystem, this landmark fund advances market opportunities for high-growth startups with next-generation cybersecurity technologies and disruptive cyber solutions.

Reserv: $25 Million Series B Raised For TPA Technology

By Amit Chowdhry ● Jun 11, 2025

Reserv, a tech-enabled third-party administrator (TPA), announced the completion of its $25 million Series B funding round. This oversubscribed round, led by Flourish Ventures with full pro-rata participation, also included Accenture Ventures, bringing Reserv's total funding to $55 million.

Manhattan West: Kevin Cohen Joins As Managing Director

By Amit Chowdhry ● Jun 11, 2025

Manhattan West, a modern investment firm providing a fully integrated platform of wealth management services and proprietary alternative investments, announced the appointment of Kevin Cohen as Managing Director of the firm's Late-Stage Venture Capital group. As a seasoned veteran in the secondary venture market, Cohen brings nearly two decades of experience in sourcing and executing strategic investments in high-growth private companies.

Obvio: $22 Million Secured For AI-Based Traffic Safety

By Amit Chowdhry ● Jun 11, 2025

Obvio, a company that improves traffic safety with an AI-based traffic camera solution, announced $22 million in Series A funding led by Bain Capital Ventures. Additional investors include Khosla Ventures and Pathlight Ventures.

Reddy Family And Bain Capital Form Trillium Foods

By Amit Chowdhry ● Jun 11, 2025

Trillium Foods, a liquid food and beverage company specializing in manufacturing and innovation, has announced its official launch. The family-owned, privately held company is a scale North American platform with diverse product capabilities across dressings, sauces, mayonnaises, syrups, and beverage mixes for application in foodservice, retail, and food processing channels.

Allay Therapeutics: $57.5 Million Funding Raised For Advancing ATX101

By Amit Chowdhry ● Jun 11, 2025

Allay Therapeutics, a clinical-stage biotechnology company pioneering ultra-sustained analgesic products to transform post-surgical pain management and recovery, announced the completion of a $57.5 million Series D financing round with leading global investors. Lightstone Ventures and ClavystBio co-led the Series D financing with participation by existing investors NEA, Arboretum Ventures, Vertex Growth, Vertex Ventures Healthcare, and Brandon Capital. The new investors joining the round were IPD Capital, EDBI, and SGInnovate, and HSBC Innovation Banking also provided additional venture debt financing to the company.

Blackstone Investing $500 Billion In Europe Over The Next Decade

By Amit Chowdhry ● Jun 10, 2025

Blackstone Chief Executive Officer Steve Schwarzman stated that the firm plans to invest as much as $500 billion in Europe over the next decade. Schwarzman said that this is a significant opportunity for the firm, as they are changing their approach, which would result in higher growth rates. Blackstone recently marked its 25th anniversary of operations in London.

Churchill Asset Management: $1.5 Billion Raised For Co-Investment Fund II

By Amit Chowdhry ● Jun 10, 2025

Churchill Asset Management (an investment specialist of Nuveen) announced the final closing of Churchill Co-Investment Fund II with $1.5 billion in limited partner commitments. This oversubscribed fund, which seeks to generate superior risk-adjusted returns through equity co-investments alongside private equity sponsors in U.S. middle market businesses, reached its hard cap and is nearly 3.5x the size of its predecessor fund.

Somnee: $10 Million Closed For Transforming Sleep With AI-Based Neurotech Sleep Wearables

By Amit Chowdhry ● Jun 10, 2025

Somnee – a leader in sleep technology delivering pioneering AI-powered neurotech and software – announced it has raised $10 million in a seed extension round. Somnee was launched in 2022 by renowned sleep expert, Dr. Matt Walker, PhD, and a group of scientists from the University of California, Berkeley. The funding round was led by Khosla Ventures, with participation from Marc Benioff’s TIME Ventures, LEAD VC (founded by the Adidas family), the NBA’s Orlando Magic ownership group (DeVos family), Seaside Ventures, Nelstone Ventures, and Metalab, among others.

Diginex Buying Resulticks In Deal Valued Up To $2 Billion

By Amit Chowdhry ● Jun 10, 2025

Diginex Limited, a leading provider of Sustainability RegTech solutions, announced the signing of a Memorandum of Understanding (MOU) for a cash and share acquisition of Resulticks, a leader in real-time AI-based customer engagement and data management solutions.

Scalable Capital: €155 Million Raised For Expanding Digital Investment Platform

By Amit Chowdhry ● Jun 10, 2025

Scalable Capital announced it completed a funding round, raising €155 million ($175 million). This is the company’s largest funding round to date, led by Sofina and Noteus Partners. Existing investors Balderton Capital, Tencent, and HV Capital also participated, underlining their continued confidence in the company. Investors have now invested over €470 million (over $535 million) in Scalable Capital.

Ciroos: $21 Million Raised For Advancing AI-Based SRE Teammate

By Amit Chowdhry ● Jun 10, 2025

AI-based operations company Ciroos announced it has raised $21 million, led by Energy Impact Partners LP (EIP), to deliver the industry’s first extensible, multi-domain AI SRE Teammate for modern enterprise operations. And the company’s SRE Teammate enables site reliability engineers, DevOps, and operations teams to automate, augment, and drive autonomous operations to slash incident response time by 90%.

dataplor: $20.5 Million Series B Secured For Scaling Location Intelligence Platform

By Amit Chowdhry ● Jun 10, 2025

dataplor, a leading provider of global location intelligence, announced the closing of a $20.5 million Series B funding round, led by F-Prime, with participation from Spark Capital, FFVC, Acronym Venture Capital, Two Lanterns Venture Capital, APA Ventures, dara5, and Alumni Ventures.

Post Holdings Buying 8th Avenue Food & Provisions In $880 Million Deal

By Amit Chowdhry ● Jun 10, 2025

Post Holdings - a consumer packaged goods holding company - announced it has signed a definitive agreement to acquire 8th Avenue Food & Provisions. Post will be extinguishing the outstanding net debt of 8th Avenue and acquire all equity interests for a net payment of approximately $880 million. 8th Avenue's categories include branded and private label dry pasta and private label nut butters, granola, and fruit & nut.

Matterworks: Series A Funding Raised For Advancing Large Spectral Models

By Amit Chowdhry ● Jun 10, 2025

Matterworks, the category-defining pioneer unlocking unstructured molecular data for predictive biology, announced new Series A financing. The funding round was led by Lewis & Clark Partners and OMX Ventures, joined by Pillar VC, Germin8 Ventures, Intermountain Ventures, Tarsadia, and others.

Canid: $10 Million Raised For Advancing Vaccine Management

By Amit Chowdhry ● Jun 10, 2025

Canid, a healthcare technology company dedicated to streamlining pediatric vaccine management, announced it has raised $10 million in Series A funding led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB and others. The funding, which brings Canid’s total funding to $12.9 million, will support the company's expansion as it serves an increasing number of independent pediatricians across the United States.

Speedata: $44 Million Raised For Analytics Processing Unit Platform

By Amit Chowdhry ● Jun 10, 2025

Speedata, a first-of-its-kind Analytics Processing Unit (APU), was designed to advance big data analytic workloads by orders of magnitude across industries. The company announced the launch of its breakthrough chip. This announcement comes alongside a $44 million Series B funding round, bringing its total capital raised to $114 million.

Projectworks: $12 Million Added To Series A For Project Intelligence Platform

By Amit Chowdhry ● Jun 10, 2025

ProjectWorks, a project intelligence platform for fast-growing consulting firms, announced that it has secured $12 million in additional funding through its Series A round, led by new investor Ten Coves Capital, with existing investors including Bridgewest Group and Punakaiki Fund participating. This latest investment brings Projectworks' total funding to over $20 million.

Compyl: $12 Million Series A Raised For GRC Platform

By Amit Chowdhry ● Jun 10, 2025

Compyl, a unified Governance, Risk and Compliance (GRC) platform that turns complexity into data-driven insights and AI-guided action, announced that it has closed $12 million in Series A financing. The funding round was led by Venture Guides, an early-stage infrastructure software venture capital firm, with participation from existing investors Contour Venture Partners, Armory Square Ventures, nvp capital, Alpine Meridian Ventures, Brooklyn Bridge Ventures, and Zelkova Ventures.