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Arete Health Acquires Virginia Rehabilitation And Wellness And Summerville Physical Therapy

By Amit Chowdhry ● May 5, 2026

Arete Health, a clinician-led outpatient physical therapy platform headquartered in Coral Gables, Florida, has announced the acquisitions of Virginia Rehabilitation & Wellness, with locations in Chantilly and Fairfax, Virginia, and Summerville Physical Therapy & Balance for Adults in South Carolina, expanding the organization's footprint to 16 outpatient rehabilitation clinics across the Mid-Atlantic and Southeast.

Performance Improvement Partners Acquires AlphaAdvisors

By Amit Chowdhry ● May 5, 2026

Performance Improvement Partners, a technology-focused mergers and acquisitions advisory and IT consulting firm serving middle-market private equity, has acquired AlphaAdvisors, a leading AI and data advisory firm. The acquisition scales and strengthens PIP's AI and data capabilities, deepening its ability to deliver AI solutions and enterprise-wide data strategies tied directly to measurable value creation outcomes across the investment lifecycle.

Barocal: Cambridge University Spin-Out Raises $10 Million Seed Funding To Commercialize Breakthrough Solid-State Cooling Technology

By Amit Chowdhry ● May 5, 2026

Barocal, a Cambridge University spin-out developing solid-state cooling and heating technology using barocaloric materials, has raised a $10 million seed round from World Fund, Breakthrough Energy Discovery, Cambridge Enterprise Ventures, and IP Group to accelerate development and scale its engineering team ahead of commercial deployment. The company is targeting the approximately $450 billion global HVAC market, which is expected to surge to approximately $577 billion by 2033, with initial focus on data center cooling and commercial refrigeration.

General Proximity Raises Funding From FreeMind Investments And Daewoong Pharmaceutical

By Amit Chowdhry ● May 5, 2026

FreeMind Investments, a venture capital fund launched in partnership between FreeMind Group and Daewoong Pharmaceutical, has announced its investment in General Proximity, a San Francisco-based biotechnology company pioneering next-generation induced proximity medicines.

Panthalassa Raises $140 Million Series B To Power AI Computing At Sea Using Ocean Wave Energy

By Amit Chowdhry ● May 5, 2026

Panthalassa, a renewable energy and ocean technology company, has raised $140 million in Series B financing led by Peter Thiel, with participation from a broad group of new and returning investors including John Doerr, Marc Benioff's TIME Ventures, Max Levchin's SciFi Ventures, Susquehanna Sustainable Investments, Hanwha Group, Fortescue Ventures, Super Micro Computer, and others, alongside returning backers Founders Fund, Gigascale Capital, and Lowercarbon Capital.

Enzo Health Raises $26 Million To Deploy AI Across Home Health And Post-Acute Care

By Amit Chowdhry ● May 5, 2026

Enzo Health, the AI-driven platform for home health and post-acute care, has announced a $20 million Series A funding round led by N47, bringing the company's total funding to $26 million. Existing investors Gradient, Tandem Ventures, and Rigby Watts also participated.

Prospect Capital Completes $26 Million Investment In Security Fire Systems

By Amit Chowdhry ● May 5, 2026

Prospect Capital and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems aggregating approximately $26 million, in collaboration with Blackford Capital. Founded in 1993, Security Fire Systems is an industry leader in fire security and protection, offering automatic fire sprinkler design services, installation, system testing, maintenance, remodel and retrofit services, fire alarms, and emergency response.

CMBlu Energy Reaches Unicorn Status With €50 Million Series C Close

By Amit Chowdhry ● May 5, 2026

CMBlu Energy, the German deep-tech company developing non-lithium long-duration energy storage, has reached unicorn status, crossing the €1 billion valuation threshold following a €50 million initial close of its Series C financing with participation from Samsung Ventures. All existing investors, including STRABAG SE, also joined the round.

Trinity Capital Provides $35 Million In Equipment Financing To Torus

By Amit Chowdhry ● May 5, 2026

Trinity Capital has committed up to $35 million in equipment financing to Torus, a Salt Lake City-based energy technology company building what it describes as the next generation of energy infrastructure. Torus designs, engineers, and manufactures distributed mesh energy infrastructure that delivers scalable, secure, and reliable power, integrating battery and inertial-based storage, AI-powered management, cybersecurity, and long-term operations and maintenance across utilities, data centers, manufacturers, and commercial and industrial facilities.

Green Coffee Company Raises $5 Million From More Than 2,000 Retail Investors

By Amit Chowdhry ● May 5, 2026

Green Coffee Company, a U.S.-headquartered coffee company with fully integrated operations in Colombia, has successfully closed a Regulation CF crowdfunding campaign on DealMaker's platform, raising $5 million from a community of more than 2,000 retail investors across the United States. The company, which holds exclusive third-party distribution rights for the Juan Valdez brand in the United States and Canada, has grown its retail distribution from zero to more than 1,000 locations within 12 months and targets more than 3,000 locations by year-end.

OpenAI Reportedly Secures Over $4 Billion For New Joint Venture The Deployment Company

By Amit Chowdhry ● May 5, 2026

OpenAI has secured more than $4 billion in capital for a new joint venture named The Deployment Company, designed to accelerate the corporate adoption of its artificial intelligence software, according to a Bloomberg report. The initiative drew participation from 19 investors including TPG, Brookfield Asset Management, Advent, and Bain Capital Specialty Finance, among others. SoftBank Group and Dragoneer Investment Group are also among the backers.

Sound Point Capital Leads $575 Million Financing To Support Greenbelt Capital Partners’ Acquisition Of Peak Utility Services

By Amit Chowdhry ● May 5, 2026

Sound Point Capital Management, a leading alternative credit manager with approximately $45 billion in assets under management, has served as Administrative Agent and Lead Arranger for a $575 million senior secured credit facility to support Greenbelt Capital Partners' acquisition of Peak Utility Services Group from ORIX Capital Partners. Headquartered in Broomfield, Colorado, Peak Utility Services Group is a leading provider of essential utility infrastructure services offering maintenance, repair, and upgrade solutions that support the safety, reliability, and modernization of electric, gas, and telecommunications networks across the United States.

THL Partners Closes $6.35 Billion Fund X

By Amit Chowdhry ● May 5, 2026

THL Partners, a premier private equity firm investing in middle-market growth companies, has announced the final close of THL Equity Fund X with $6.35 billion in investable capital. The fund received strong support from a diverse group of existing and new investors, including public and corporate pension funds, sovereign wealth funds, financial institutions, and family offices across North America, Latin America, Europe, Asia, Australia, and the Middle East.

Lincoln Property Company Announces $280 Million Cornerstone Close For Lincoln Logistics Fund II

By Amit Chowdhry ● May 5, 2026

Lincoln Property Company, a global full-service real estate firm with more than $31 billion in assets under management, has announced the cornerstone close of Lincoln Logistics Fund II with $280 million in capital commitments, representing nearly one-third of the fund's $1 billion target. The cornerstone close reflects significant support from two of Lincoln's longstanding investors, both U.S. public pension plans, alongside Lincoln's majority owner Stone Point Capital and Lincoln employees.

Siemens Reaches $1 Billion In U.S. Manufacturing Investments

By Amit Chowdhry ● May 5, 2026

Siemens has announced it has reached $1 billion in domestic manufacturing investments over the past five years to support American industry, infrastructure, and transportation, with projects coming online throughout 2026 across multiple states. The investments span manufacturing facilities dedicated to electrical infrastructure for data centers and AI factories, passenger rail coaches, and critical power equipment, with sites in North Carolina, South Carolina, Fort Worth, Texas, Pomona, California, and additional locations across the Midwest and Northeast.

Invera Flexibles Formed Through Merger Of PolyExpert And Polykar

By Amit Chowdhry ● May 5, 2026

PolyExpert and Polykar Industries have completed a merger of equals to form Invera Flexibles, a flexible packaging leader with more than $200 million in combined sales and 350 employees, backed by Kent Road Capital as the majority investor alongside MontClerc Capital, President and CEO Amir Karim, and employee shareholders. The combination brings together decades of expertise in specialty polyethylene films, bags, and liners under a single high-performing organization committed to sustainability, product quality, and operational excellence.

Mistplay Acquires MyChips From MAF To Strengthen Global Rewarded Advertising Platform

By Amit Chowdhry ● May 5, 2026

Mistplay, a leading play-and-earn rewards and loyalty platform for mobile gamers founded in 2015 and headquartered in Montreal, has acquired MyChips SRL, a subsidiary of MAF, a global rewarded advertising platform.

Nickolas Asset Management Acquires Ranch Road Cargo

By Amit Chowdhry ● May 5, 2026

Nickolas Asset Management, an evergreen, operator-led family office built on permanent capital, has announced the acquisition of Ranch Road Cargo, a versatile cargo storage solutions manufacturer based in Austin, Texas, marking the firm's third acquisition of the year as it continues to grow its Configure platform. Ranch Road Cargo is known for durable, configurable cargo storage systems designed to organize truck beds, sport utility vehicles, and utility terrain vehicles, engineered for portability without permanent installation, and built for both professional and everyday consumer use.

TurningArt Acquires H. Marion Art Consulting To Expand National Healthcare And Commercial Art Platform

By Amit Chowdhry ● May 5, 2026

TurningArt, a national full-service art consulting firm specializing in workplace, healthcare, and commercial environments, has acquired H. Marion Art Consulting, a Chicago-area art consulting firm with more than 40 years of experience creating human-centered art programs with a specialized focus in healthcare design. H. Marion will continue to operate independently, maintaining its high-touch, client-centered approach while gaining access to TurningArt's network of more than 4,000 independent artists, national fabrication and installation partners, and a tech-enabled platform that supports multi-location, large-scale, and rotation programs.

Lunai Bioworks Completes $20 Million Preferred Equity Issuance To Acquire CNS Delivery And Neurotherapeutic IP

By Amit Chowdhry ● May 5, 2026

Lunai Bioworks has completed a $20 million preferred equity issuance to acquire intellectual property assets from two counterparties, expanding its central nervous system platform with complementary neurotherapeutic compounds and delivery technologies.

Flex Completes Acquisition Of Electrical Power Products

By Amit Chowdhry ● May 5, 2026

Flex has completed its acquisition of Electrical Power Products, a leading provider of engineered-to-order electrical power control and protection systems. EP² expands Flex's Critical Power offering with engineered-to-order capabilities that support utility, power generation, and data center customers, while adding a scaled Midwest manufacturing presence in Des Moines, Iowa, that supports U.S. reshoring initiatives. EP²'s employees, leadership, and facilities will be integrated into Flex's Embedded and Critical Power business.

Prime Electric Acquires Scholes Electric To Expand Northeast Presence In Key Growth Markets

By Amit Chowdhry ● May 5, 2026

Prime Electric, a leading provider of electrical services headquartered in Bellevue, Washington, has acquired Scholes Electric, an electrical contractor serving New Jersey and Pennsylvania. The acquisition represents Prime Electric's first since Truelink Capital, a Los Angeles-based private equity firm, partnered with the business earlier this year, and marks a significant step in Prime's continued geographic expansion eastward from its established presence across Northern California, Washington, and Oregon.

Hazelview Investments And Presima Complete Strategic Transaction To Create Combined Global REIT Platform

By Amit Chowdhry ● May 5, 2026

Hazelview Investments and Presima have completed a strategic transaction that brings together their respective global REIT investment teams, creating a combined platform designed to deliver deeper research, broader global reach, and enhanced client service across the real estate securities space. Under the terms of the transaction, Hazelview will assume Presima's investment management contracts, and key Presima professionals will join Hazelview's global REIT team, continuing to lead the strategies they oversaw at Presima to ensure continuity for existing clients.

Cerberus Capital Management To Make Strategic Investment In S+S Industries

By Amit Chowdhry ● May 5, 2026

Cerberus Capital Management, a global alternative investment firm with approximately $70 billion in assets, has entered into a definitive agreement to make a strategic investment into S+S Industries, a leading provider of critical solutions and value-added services for data center infrastructure. The Andrews family, founders of S+S, will retain a significant ownership stake in the business, and President Greg Andrews will continue in his leadership role to support strategic growth initiatives and maintain continuity of the company's values and customer relationships.

Aspen Power Acquires Two Operating New Jersey Rooftop Solar Projects

By Amit Chowdhry ● May 5, 2026

Aspen Power, a distributed energy generation platform building the clean energy future, has acquired two operating rooftop solar projects totaling 6.44 megawatts direct current from multigenerational real estate developer The Avidan Group. The projects, located in PSE&G territory in New Jersey, have operated for more than a decade and produce more than 7 million kilowatt-hours annually, equivalent to the annual electricity use of more than 1,000 homes.

ZyG Raises $60 Million Series A To Build The First Agentic Operating System For eCommerce Scale

By Amit Chowdhry ● May 5, 2026

ZyG, the eCommerce agentic operating system, has raised a $60 million Series A round led by Accel with participation from Felix Capital, Bessemer Venture Partners, and Lightspeed Venture Partners. Accel partner Sonali De Rycker will join the ZyG board of directors as part of the round. The company was founded by the founders of ironSource, which went public on the NYSE at an $11 billion valuation before merging with Unity, who partnered with three leading AI experts from one of Israel's top cyber units.

XCaliber Health Raises $6.5 Million To Reduce Administrative Burden

By Amit Chowdhry ● May 5, 2026

XCaliber Health has raised $6.5 million in seed funding to deploy an agentic operating system purpose-built to reduce administrative burden, eliminate operational waste, and improve clinical care delivery across health systems and provider groups. The round was led by ManchesterStory with participation from Benhamou Global Ventures and Arka Venture Labs. Capital will be used to accelerate product development and scale the platform nationally.

InstaSwitch Raises $4.7 Million And Launches Account Activation Infrastructure For Business Banking

By Amit Chowdhry ● May 5, 2026

InstaSwitch has launched what it describes as the first infrastructure platform purpose-built to convert opened business bank accounts into active primary relationships, announcing $4.7 million in seed funding alongside the launch. The round was led by Chicago Ventures with participation from 8-Bit Capital, Better Tomorrow Ventures, Panache Ventures, and fintech executives from Unit, Square, PayPal, and Plaid. Early customers include Arc, Relay Financial, and Lettuce Financial, as well as additional regional and community banks.

Blitzy: $200 Million At $1.4 Billion Valuation Raised To Advance Autonomous Software Development

By Amit Chowdhry ● May 5, 2026

Blitzy, the autonomous enterprise software development platform, has closed a $200 million funding round at a $1.4 billion valuation, marking one of the largest raises to date in the agentic coding category. The round was led by Northzone, with new investors including PSG, Battery Ventures, Jump Capital, Morgan Creek Digital, and Defiant, alongside continued support from Flybridge, Link Ventures, NFX, Picus Capital, and Venture Guides. Strategic investments came from Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures.

RadixArk Launches With $100 Million In Seed Funding To Democratize Frontier AI Infrastructure

By Amit Chowdhry ● May 5, 2026

RadixArk, an AI infrastructure company founded by the creators of the open-source inference engine SGLang, has launched with $100 million in seed funding at a $400 million post-money valuation. The round was led by Accel and co-led by Spark Capital, with participation from NVentures, Salience Capital, A&E Investments, HOF Capital, Walden Catalyst Ventures, AMD, LDV Partners, WTT Investment, and MediaTek. A broad group of angel investors joined the round, including the CEOs of Intel and Broadcom, the co-founder of xAI, and the co-founder of OpenAI.