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Draco Evolution: $8 Million Raised To Launch AI Investing App Dravo After ETF Beats S&P 500 In 2025

By Amit Chowdhry ● Mar 28, 2026

Draco Evolution, the investment firm behind the NYSE-listed Draco AI ETF (NYSE: DRAI), has launched its AI-powered retail investing app, Dravo, following strong ETF performance that significantly outpaced the broader market. The app is currently in beta with expanded testing underway ahead of a broader public release.

Xona: $170 Million Raised To Build Next-Generation Global Navigation Network

By Amit Chowdhry ● Mar 28, 2026

Xona, a commercial space company focused on positioning, navigation, and timing infrastructure, announced it has raised $170 million in an oversubscribed Series C funding round to accelerate deployment of its satellite constellation and scale manufacturing operations. The round was led by Mohari Ventures Natural Capital with participation from Craft Ventures, ICONIQ, Woven Capital, NGP Capital, Samsung Next, Hexagon, and additional new and existing investors.

Invenio Partners: €75 Million Fund III Targets Southeast European Growth Companies

By Amit Chowdhry ● Mar 28, 2026

Invenio Partners has announced the first close of its third flagship private equity fund, targeting €75 million to back high-growth small and medium-sized enterprises across Southeast Europe.

Climate Investment: $450 Million Raised For Decarbonization Growth Fund

By Amit Chowdhry ● Mar 28, 2026

Climate Investment has closed a $450 million Decarbonization Acceleration Fund, marking the firm’s second fund and its first dedicated growth equity vehicle to scale climate technologies beyond the venture stage.

Forward Consumer Partners: $500 Million Closed For Second Fund

By Amit Chowdhry ● Mar 28, 2026

Forward Consumer Partners has announced the final close of its second fund at a $500 million hard cap, underscoring strong investor demand for its consumer-focused investment strategy.

Alliance Ground: Lone Star Funds Completes Acquisition Of Airport Services Provider

By Amit Chowdhry ● Mar 28, 2026

Lone Star Funds has completed its acquisition of Alliance Ground International, a North America-based airport services provider, marking the close of a transaction first announced in January 2026. The deal was executed through an affiliate of Lone Star Fund XII, reinforcing the firm’s strategy of investing in transportation and infrastructure-adjacent services businesses.

Infosys: Acquisition Of Stratus To Accelerate AI-Led Transformation

By Amit Chowdhry ● Mar 28, 2026

Infosys announced a definitive agreement to acquire Stratus, a U.S.-based technology solutions provider focused on the property and casualty insurance sector, to strengthen its AI-driven digital transformation capabilities.

Marcus & Millichap: $113.7 Million Financing Arranged For Fort Worth Retail Portfolio Acquisition

By Amit Chowdhry ● Mar 28, 2026

Marcus & Millichap announced that its division, IPA Capital Markets, has arranged $113.7 million in acquisition financing and preferred equity for a portfolio of retail centers in Fort Worth, Texas.

Clearlake To Acquire Qualus To Drive Infrastructure Modernization

By Amit Chowdhry ● Mar 28, 2026

Clearlake Capital Group has agreed to acquire Qualus Corporation from New Mountain Capital, marking a significant transaction in the power and electric grid services sector as demand for modernization and resiliency continues to accelerate across the United States. The financial terms of the deal were not disclosed.

Convergence Networks: Acquisition Of Certinet Systems Expands Security And Compliance Capabilities

By Amit Chowdhry ● Mar 28, 2026

Convergence Networks, a North American managed services provider, announced the acquisition of Certinet Systems, a Yakima-based IT services firm known for its strong regional presence and customer-focused approach. The transaction strengthens Convergence Networks’ footprint across the Pacific Northwest while expanding its capabilities in cybersecurity and regulatory compliance for organizations operating in highly regulated industries.

Blueprint Healthcare Real Estate Advisors: Acquisition Of HUD Lending Platform Expands Capital Markets Capabilities

By Amit Chowdhry ● Mar 28, 2026

Blueprint Healthcare Real Estate Advisors announced a significant expansion of its capital markets platform through the acquisition of an FHA/HUD lending platform from MidCap Financial Services, LLC. The move enables Blueprint to integrate FHA/HUD lending and servicing capabilities into its offerings, strengthening its ability to provide long-term financing solutions across the healthcare real estate sector.

Echo Global Logistics: ITS Logistics Acquisition Expands Massive Supply Chain Platform

By Amit Chowdhry ● Mar 28, 2026

Echo Global Logistics has completed its acquisition of ITS Logistics, expanding its capabilities in integrated, end-to-end supply chain solutions and strengthening its position as a scaled, technology-driven logistics provider across North America.

Xanadu: $302 Million Raised As Photonic Quantum Computing Company Goes Public

By Amit Chowdhry ● Mar 28, 2026

Xanadu Quantum Technologies has gone public on the Nasdaq and Toronto Stock Exchange under the ticker symbol XNDU, marking a significant milestone as the first pure-play photonic quantum computing company to list on public markets.

ParaFi Capital: $125 Million Raised For Venture Fund III Focused On Institutional Crypto Adoption

By Amit Chowdhry ● Mar 28, 2026

ParaFi Capital, a digital asset investment firm, announced the launch of its third venture fund with $125 million in capital, as the firm continues to expand its focus on blockchain and institutional finance innovation.

Grab: $600 Million Acquisition Of Foodpanda Taiwan Business To Drive International Expansion

By Amit Chowdhry ● Mar 28, 2026

Grab Holdings has announced it will acquire the Taiwan delivery business of Delivery Hero, including its Foodpanda operations, for $600 million in cash, marking a major step in its global expansion strategy.

iCapital: Technology Partnership With BlackRock’s Aladdin Wealth To Expand Alternatives Access

By Amit Chowdhry ● Mar 28, 2026

iCapital announced a new technology partnership with BlackRock’s Aladdin Wealth platform, aiming to integrate its alternative investments technology directly into advisors’ core portfolio workflows and streamline how alternatives are accessed and managed.

Intercontinental Exchange: $600 Million Investment In Polymarket

By Amit Chowdhry ● Mar 28, 2026

Intercontinental Exchange announced it has completed a new $600 million direct investment in Polymarket, advancing its broader strategic commitment to the fast-growing prediction markets sector.

Purdue Innovates: Accelerator Announces Second Cohort Of Five Startups

By Amit Chowdhry ● Mar 28, 2026

Purdue Innovates has announced the launch of its second accelerator cohort, selecting five Purdue-connected startups to participate in its three-month, investment-based program aimed at scaling early-stage companies.

Meta: $2 Billion Agreement To Fund Energy Infrastructure For Louisiana AI Data Center

By Amit Chowdhry ● Mar 28, 2026

Meta Platforms has entered into a new agreement with Entergy Louisiana that will deliver approximately $2 billion in customer savings while supporting the buildout of energy infrastructure for one of the largest AI data center projects in the United States.

Motorola Solutions: C$675 Million Acquisition Of Land Mobile Radio Business From BCE Subsidiary Bell

By Amit Chowdhry ● Mar 27, 2026

Motorola Solutions has agreed to acquire the land mobile radio networks services business from Bell Canada, a subsidiary of BCE Inc., in a deal valued at CAD $675 million, subject to customary adjustments and a deferred net working capital settlement.

Triangle Health: $4 Million Raised To Build AI Health Navigation Platform After Founder’s Brain Cancer Diagnosis

By Amit Chowdhry ● Mar 27, 2026

Triangle Health, an AI-powered health navigation platform, has raised $4 million in pre-seed funding following a deeply personal origin story involving cofounder Arun Verma, who was diagnosed with brain cancer after undergoing a full-body MRI scan.

Dimer Health: $13.5 Million Raised For AI-Driven Post-Discharge Care Platform

By Amit Chowdhry ● Mar 27, 2026

Dimer Health, a clinician-led, AI-native transitional care medicine company, has raised $13.5 million in series A financing to expand its post-discharge care platform and accelerate national growth. The round was led by Team8 and Table Management, with participation from Silver Circle and TechAviv, bringing the company’s total funding to nearly $20 million.

Novaworks: $8 Million Raised For AI-Native Workforce Management Operating System

By Amit Chowdhry ● Mar 27, 2026

Novaworks, an AI-native human capital management operating system built on the ServiceNow platform, has launched alongside an $8 million seed funding round led by Stalwart Ventures, with participation from ServiceNow Ventures and Bell Ventures. The company is introducing what it describes as the first agentic operating system for total workforce management, aimed at helping enterprises modernize how they manage employees, contractors, and AI agents.

Above Security: $50 Million Raised For AI-Native Insider Risk Platform

By Amit Chowdhry ● Mar 27, 2026

Above Security has emerged from stealth with $50 million in funding to tackle insider risk in what it describes as the “agentic era,” as artificial intelligence systems increasingly operate autonomously within enterprises.

20 Majors Acquires Nicklaus Companies To Reunite Jack Nicklaus With Brand

By Amit Chowdhry ● Mar 27, 2026

20 Majors, an investment group led by Jack Nicklaus alongside TWG Global and Nicklaus Brown, has completed the acquisition of the businesses of Nicklaus Companies, a golf experience company founded more than 50 years ago.

Stratum Biosciences: $2 Million Raised To Advance AI-Powered Skin Biology Discovery Platform

By Amit Chowdhry ● Mar 27, 2026

Stratum Biosciences has secured $2 million in seed funding to accelerate development of its AI-powered skin biology discovery platform and expand research and development partnerships. The round was backed by Harvard Business School Alumni Angels of Greater New York and Skin Angels, a network of early-stage dermatology investors.

Tripo AI: $50 Million Raised For 3D Generation Platform And New Spatial AI Models

By Amit Chowdhry ● Mar 27, 2026

Tripo AI announced $50 million in new funding as it unveiled a new generation of production-ready 3D model architectures designed to generate assets directly in native three-dimensional space. The round was backed by Alibaba and Baidu Ventures, with proceeds set to support continued research into large-scale 3D foundation models and expansion of the company’s global developer platform.

Qualified Health: $125 Million Raised For Enterprise AI Platform Expansion In Health Systems

By Amit Chowdhry ● Mar 27, 2026

Qualified Health, an enterprise AI platform focused on healthcare, has raised $125 million in a Series B financing round to accelerate the deployment of artificial intelligence across health systems. The round was led by New Enterprise Associates, with participation from Transformation Capital, GreatPoint Ventures, Cathay Innovation, Menlo Ventures’ Anthology Fund, and several existing investors.

Molson Coors: Acquisition Of Ready-To-Drink Cocktail Brand Monaco To Expand Beyond Beer Portfolio

By Amit Chowdhry ● Mar 27, 2026

Molson Coors Beverage Company has announced the acquisition of Atomic Brands, Inc., the maker of Monaco Cocktails, as part of its strategy to expand its presence beyond traditional beer offerings and deepen its footprint in the fast-growing ready-to-drink cocktail segment.

SAP Announces Acquisition Of Reltio To Advance AI-Ready Data Strategy

By Amit Chowdhry ● Mar 27, 2026

SAP SE announced it has agreed to acquire Reltio, a master data management software provider, in a move aimed at helping customers make both SAP and non-SAP enterprise data ready for artificial intelligence applications.