Archives

Tetra Digital: $10 Million Secured For Launching Regulated Stablecoin

By Amit Chowdhry ● Sep 8, 2025

Tetra Digital Group, a leading provider of digital asset infrastructure in Canada and parent company of Tetra Trust and Tetra Unity, has announced the closing of a $10 million investment round backed by some of the country’s most prominent financial institutions and fintech innovators. The participants in the round include Urbana Corporation, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank of Canada, and Shopify. This strategic investment supports Tetra’s goal of becoming the first regulated financial institution in Canada to issue a fiat-backed stablecoin, with a launch targeted for early 2026 pending regulatory approval.

Euclid Power: $20 Million Series A Closed For Advancing Renewable Energy Deployment

By Amit Chowdhry ● Sep 8, 2025

Euclid Power, an operating system for renewable energy project development, financing, and operations, announced a $20 million Series A round led by Venrock, with participation from HSBC Asset Management and existing investors including Spero Ventures, Toba Capital, Designer Fund, and Commonweal Ventures.

Aiwyn Buying QuickFee’s U.S. Payments Business

By Amit Chowdhry ● Sep 8, 2025

Aiwyn, a platform tailored for modern accounting firms, has announced the acquisition of QuickFee’s U.S. payments business, which includes QuickFee Pay Now and QuickFee Connect. This strategic move enhances Aiwyn Payments’ position as a leading solution for collections and payment automation within technology-forward accounting practices.

Remedy Meds Buying Thirty Madison In Deal Valued At Over $500 Million

By Amit Chowdhry ● Sep 8, 2025

Remedy Meds, a leading virtual-care and pharmacy platform, has announced a definitive agreement to acquire Thirty Madison, a well-known digital health company specializing in chronic condition management. The acquisition, valued at just over $500 million and structured as an all-stock transaction, is expected to close in the fourth quarter of 2025, pending regulatory approvals and standard closing conditions.

Kea: €6 Million Seed Funding Raised For Crypto-Friendly Banking Infrastructure

By Amit Chowdhry ● Sep 8, 2025

Kea has recently raised an additional €6 million, bringing its post-money valuation to €40 million and reinforcing its position as a rising force in crypto-integrated financial infrastructure. This latest round was led by a Switzerland-based private investor known for early bets on transformative fintech and blockchain ventures.

Platinum Equity: $2.28 Billion Small Cap Fund II Closed

By Amit Chowdhry ● Sep 8, 2025

Platinum Equity has announced the completion of fundraising for its second lower middle market investment vehicle, Platinum Equity Small Cap Fund II, L.P. The fund closed with $2.28 billion in capital commitments, surpassing its original target of $1.75 billion.

Backcountry Acquiring Velotech For Expanding Reach In U.S. Cycling Market

By Amit Chowdhry ● Sep 8, 2025

Backcountry, a specialty retailer known for its premium outdoor gear and apparel, has announced the acquisition of Velotech, a cycling retailer based in Portland, Oregon. Velotech operates several prominent online storefronts, including BikeTiresDirect, Western Bikeworks, and TriSports, and has built a strong reputation among cycling enthusiasts for its customer-first approach, competitive pricing, and same-day shipping.

Savant Wealth Onboarding $1.2 Billion Firm PrairieView Partners

By Amit Chowdhry ● Sep 8, 2025

Savant Wealth Management, a nationally recognized fee-only registered investment adviser, has announced the acquisition of PrairieView Partners, a respected RIA based in St. Paul, Minnesota. With more than $1.2 billion in assets under management, PrairieView brings a strong legacy of comprehensive wealth planning services to Savant’s growing national platform.

CoreWeave To Buy OpenPipe For Reinforcement Learning Platform

By Amit Chowdhry ● Sep 8, 2025

CoreWeave has announced an agreement to buy OpenPipe, a company recognized for its leadership in reinforcement learning (RL) and its widely adopted developer tools for training AI agents. This acquisition marks another strategic step in CoreWeave’s ongoing effort to build a vertically integrated AI infrastructure stack, following its recent acquisition of Weights & Biases.

3LS Buys 40 Million Owners For Enhancing Employee Ownership

By Amit Chowdhry ● Sep 8, 2025

3LS, an employee-owned family of companies, has announced the acquisition of 40 Million Owners, a respected ESOP advisory firm focused on building sustainable employee-owned enterprises. The firm will now become part of the growing 3LS Professional Services division, joining a portfolio that includes the marketing agency 5by5.

Geniez AI: $6 Million Seed Funding Secured For Connecting LLMs And AI Agents

By Amit Chowdhry ● Sep 8, 2025

Geniez AI, a company pioneering the connection between legacy mainframe systems and AI, has announced the closing of a $6 million seed funding round. The round was co-led by StageOne Ventures and Canapi Ventures, marking a significant step forward in Geniez AI’s mission to modernize enterprise infrastructure without the need for costly migration or disruptive overhauls.

Orchard Robotics: $22 Million Raised To Transform Precision Agriculture

By Amit Chowdhry ● Sep 8, 2025

Orchard Robotics, a rapidly growing innovator in AI-based farming technology, has announced the close of its oversubscribed $22 million Series A funding round. Led by Quiet Capital and Shine Capital, the round also saw continued support from General Catalyst, Contrary, Mythos, Valyrian, Ravelin, and notable individual investors, including Formula 1 World Champion Nico Rosberg and tech entrepreneur Howard Lerman.

Dispatch: $18 Million Series A Raised For AI-Driven Data Infrastructure For Financial Advisors

By Amit Chowdhry ● Sep 8, 2025

Wealthtech leader Dispatch announced the closing of its $18 million Series A funding round, bringing its total capital raised to $30 million. The round was led by Brewer Lane Ventures and included participation from New York Life Ventures, MassMutual Ventures, Perceptive Ventures, and returning investors F-Prime, Flyover Capital, and Fika Ventures.

Eagle Venture Fund: $50 Million Freedom Fund II Launched

By Amit Chowdhry ● Sep 8, 2025

Eagle Venture Fund has announced the launch of its second dedicated investment vehicle aimed at combating human trafficking through technology: Freedom Fund II. With a target size of $50 million, this fund builds on the momentum of Freedom Fund I, which has already backed 20 high-growth companies making a tangible difference in the fight against exploitation.

Vouched: $17 Million Raised For AI-Based Identity And Agent Verification Platform

By Amit Chowdhry ● Sep 8, 2025

Vouched, a company focused on AI-based identity and agent verification, has announced the closing of its Series A funding round, raising $17 million in new capital. Spring Rock Ventures led the round.

Atlas Venture: $400 Million Opportunity Fund III Closed For Supporting Biotech Innovation

By Amit Chowdhry ● Sep 8, 2025

Atlas Venture has announced the closing of its third Opportunity Fund, securing $400 million in an oversubscribed round. This latest fund, known as Opportunity Fund III, marks a significant milestone in Atlas’s continued evolution as a leading force in life sciences venture capital. It arrives on the heels of the firm’s $450 million Fund XIV, which closed in late 2024 and serves as Atlas’s most recent early-stage investment vehicle.

Cerity And Graypoint Merging To Expand Wealth And Institutional Advisory Services

By Amit Chowdhry ● Sep 8, 2025

Independent wealth management firm Cerity Partners announced its intention to merge with Graypoint, a well-established financial advisory firm based in Albany, New York. This strategic merger marks a significant expansion of Cerity Partners’ footprint in the Capital Region. It reflects the firm’s ongoing commitment to deepening its presence in key markets across the country. Once the transaction is finalized, Graypoint will operate under the Cerity Partners brand, and its President and CEO, Daniel Nolan, will assume a new leadership role as Partner and Vice Chairman of Cerity Partners.

SpaceX: $17 Billion Spectrum Deal With EchoStar

By Amit Chowdhry ● Sep 8, 2025

EchoStar has entered into a definitive agreement with SpaceX to sell its AWS-4 and H-block spectrum licenses in a transaction valued at approximately $17 billion. The deal includes up to $8.5 billion in cash and up to $8.5 billion in SpaceX stock, based on the valuation at the time the agreement was signed. In addition to the spectrum sale, SpaceX will fund roughly $2 billion in cash interest payments on EchoStar’s outstanding debt through November 2027, providing further financial flexibility.

AddEvent: Interview With Founder & CEO Michael Nilsson About The Event Promotion Service

By Amit Chowdhry ● Sep 8, 2025

AddEvent is an online platform that helps organizations promote their events and increase attendance by making it incredibly easy for people to add those events to their personal calendars. Pulse 2.0 interviewed AddEvent founder and CEO Michael Nilsson to gain a deeper understanding of the company.

Lead Bank: $70 Million Series B Funding Raised At $1.47 Billion Valuation For Programmable Banking Products Platform

By Amit Chowdhry ● Sep 8, 2025

Lead Bank, a state-chartered institution that has rapidly become a cornerstone for fintech and digital asset companies, has announced the successful close of its $70 million Series B funding round. The round attracted a mix of new and returning investors, including ICONIQ and Greycroft, alongside existing backers such as Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures. With this latest infusion of capital, Lead Bank’s post-money valuation now stands at an impressive $1.47 billion—more than doubling its valuation from just over a year ago.

Peak Rock Capital Raises Over $3 Billion For Two Major Funds

By Amit Chowdhry ● Sep 8, 2025

Peak Rock Capital, a private investment firm known for its hands-on approach to middle-market investing, has announced the final close of two major funds: Peak Rock Capital Fund IV and Peak Rock Capital Credit Fund III. Together, these vehicles have raised more than $3 billion, marking a significant milestone in the firm’s continued expansion and underscoring the strong demand from institutional investors for Peak Rock’s investment strategy.

Atlassian Buying The Browser Company In $610 Million Deal

By Amit Chowdhry ● Sep 8, 2025

Atlassian, known for its suite of collaboration and productivity tools used by millions of professionals around the world, has announced a definitive agreement to acquire New York-based The Browser Company. Known for its innovative work on the Dia and Arc browsers, The Browser Company has been at the forefront of rethinking how people interact with the web. This deal marks a step toward reshaping the browser experience for the modern knowledge worker, especially in a time increasingly defined by artificial intelligence and cloud-based applications.

Rithm Capital To Buy $17 Billion AUM Crestline

By Amit Chowdhry ● Sep 8, 2025

Rithm Capital, a global alternative asset manager known for its expansive reach across credit, real estate, and structured finance, has announced a definitive agreement to acquire Crestline Management, L.P., a respected alternative investment firm with approximately $17 billion in assets under management.

Modern Wealth Expanding National Reach With Acquisition Of $1.1 Billion Firm PSF/Galloway

By Amit Chowdhry ● Sep 7, 2025

Modern Wealth Management has announced the acquisition of Public Safety Financial/Galloway (PSF/Galloway), a Mesa, Arizona-based RIA managing $1.1 billion in assets. This deal not only expands Modern Wealth’s footprint into the Southwest but also marks the formal launch of Public Safety Financial, a new division dedicated to serving the unique financial needs of police officers, firefighters, government employees, military veterans, and their families.

SprintRay Enhancing Dental Innovation With Acquisition Of EnvisionTEC Portfolio

By Amit Chowdhry ● Sep 7, 2025

SprintRay, a leader in dental 3D printing technology, has taken a significant step forward in its mission to transform digital dentistry with the acquisition of the EnvisionTEC/ETEC dental product portfolio. This acquisition encompasses a diverse range of patents, trademarks, inventory, and intellectual property related to dental materials and 3D printing technologies, previously under the Desktop Health brand. The move signals SprintRay’s commitment to advancing the capabilities of dental professionals through reliable, high-performance hardware and clinically validated materials.

Trive Capital: Canopy Aerospace & Defense Launched For Advancing Materials Innovation

By Amit Chowdhry ● Sep 7, 2025

Trive Capital, a Dallas-based private equity firm known for building high-performance industrial platforms, has officially unveiled Canopy Aerospace & Defense, a newly formed company focused on delivering advanced materials solutions to some of the most demanding defense and commercial applications in the world. The launch of Canopy A&D represents a strategic consolidation of capabilities, bringing together two highly respected manufacturers—Hera Technologies Inc. and MSM Industries Inc.—alongside a newly established research and development hub, Canopy Aerospace Inc.

Nuveen Private Capital Raises Strategic Investment From Hunter Point Capital And Temasek

By Amit Chowdhry ● Sep 7, 2025

Nuveen Private Capital, a private credit platform formed through the integration of Churchill Asset Management in the U.S. and Arcmont Asset Management in Europe, has entered into a strategic partnership with Hunter Point Capital and Temasek. This move brings together three influential players in the global investment landscape, each contributing distinct strengths to support the continued growth and evolution of Nuveen’s private capital business.

Corient Acquires $3.5 Billion Firm Breed’s Hill Capital, Expanding Services For Ultra-High-Net-Worth Families

By Amit Chowdhry ● Sep 7, 2025

Wealth management firm Corient announced the acquisition of Breed’s Hill Capital, a Boston-based multi-family office known for its high-touch advisory services and deep expertise in serving ultra-high-net-worth families. With about $3.5 billion in assets under management, Breed’s Hill Capital brings a seasoned team and a legacy of personalized financial planning to Corient’s expanding national platform.

Aon: $2.7 Billion Divestment Of NFP’s Wealth Business

By Amit Chowdhry ● Sep 7, 2025

Aon has announced a strategic move with the signing of a definitive agreement to sell a substantial portion of NFP’s wealth management business to Madison Dearborn Partners (MDP), a Chicago-based private equity firm known for its deep experience in financial services. The deal includes Wealthspire Advisors, Fiducient Advisors, Newport Private Wealth, and several related platforms, all of which have played a significant role in NFP’s wealth management footprint.

Y Capital: Debut With $15 Million Investment In Dextall

By Amit Chowdhry ● Sep 7, 2025

Y Capital, a newly launched private equity firm founded by Eric Vest, has entered the market with a mission to bring artificial intelligence and operational scale to legacy industries, thereby strengthening American competitiveness. The firm’s first significant move is a $15 million expansion capital investment in Dextall, a New York City–based company that is reimagining how building envelopes are designed, manufactured, and installed.