Archives

Cadence To Buy Arm Artisan Foundation IP Business

By Amit Chowdhry ● Apr 21, 2025

Cadence announced that it has entered into a definitive agreement with Arm to buy Arm’s Artisan foundation IP business, consisting of standard cell libraries, memory compilers, and general-purpose I/Os (GPIOs) optimized for advanced process nodes at the leading foundries.

Spearmint Energy: Over $250 Million Raised For 400 MWh Of Battery Energy Storage Across Two Projects

By Amit Chowdhry ● Apr 21, 2025

Spearmint Energy—a next-generation energy company bringing stable, secure, and cost-effective energy solutions to the power grid with large-scale battery storage—announced it has successfully closed over $250 million in financing for and started construction of Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (BESS) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market.

Brightspeed: $31.2 Million Award Received To Bring Faster Internet To North Carolina

By Amit Chowdhry ● Apr 21, 2025

Brightspeed, which is the nation's third-largest fiber broadband builder focused on delivering ultrafast, reliable internet, has been awarded $31.2 million by its home state of North Carolina to expand its Brightspeed Fiber Internet network.

Crayhill Capital Management: Third Flagship Fund Closed At Over $1.3 Billion

By Amit Chowdhry ● Apr 21, 2025

Crayhill Capital Management - a $3 billion alternative asset management firm specializing in asset-based finance - announced the closing of Crayhill Principal Strategies Fund III with about $1.31 billion of capital commitments, including $162 million of committed co-investment capacity, exceeding its $1 billion target.

Pure Financial Acquiring Fairhaven Wealth Management

By Amit Chowdhry ● Apr 21, 2025

Pure Financial Advisors (a San Diego, CA-based financial education, planning and investment advice company) announced it has acquired Fairhaven Wealth Management, located in the Chicago suburb of Wheaton, Illinois.

Linden: Fund VI Closed At $5.4 Billion

By Amit Chowdhry ● Apr 21, 2025

Linden Capital Partners, a Chicago-based healthcare private equity firm, announced the completion of the fundraise for its sixth buyout fund, Linden Capital Partners VI, with $5.2 billion of LP commitments and a $200 million GP commitment.

Lyft Acquiring FREENOW In $197 Million Deal

By Amit Chowdhry ● Apr 21, 2025

Ride hailing company Lyft announced it has entered into a definitive agreement to acquire FREENOW, a leading European multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for about €175 million or $197 million in cash.

Chapter: $75 Million (Series D) Raised For Medicare Navigation Platform

By Amit Chowdhry ● Apr 21, 2025

Chapter, a Medicare navigation platform, announced that it raised $75 million in Series D funding led by Stripes, with participation from all major investors: XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures. This funding raise comes less than one year after Chapter’s Series C.

Attovia Therapeutics: $90 Million (Series C) Raised For Developing Treatments For Immune-Mediated Diseases

By Amit Chowdhry ● Apr 21, 2025

Attovia Therapeutics, a privately-held, clinical-stage biopharma company developing treatments for immune-mediated diseases with high unmet patient need, announced the closing of a $90 million Series C funding. Deep Track Capital led this funding round with participation from new investors including Vida Ventures, Sanofi Ventures, and Mirae Asset Capital Life Science, and ongoing support from existing investors including Frazier Life Sciences, venBio, Goldman Sachs Alternatives, Nextech Ventures, Cormorant Asset Management, EcoR1 Capital, Marshall Wace, and Illumina Ventures.

Caban: $50 Million Raised For Advancing Energy-As-A-Service Deployments

By Amit Chowdhry ● Apr 21, 2025

Caban, a leader in alternative energy solutions for critical infrastructure, announced that it has raised $50 million in new equity funding from existing investors. The funds managed by Ember Infrastructure Management (Caban’s majority shareholder) led the round. Ember is a private equity firm focused on investing in sustainable infrastructure solutions. And Ember has $1.25 billion in assets under management.

GeneDx To Buy Fabric Genomics

By Amit Chowdhry ● Apr 21, 2025

GeneDx, a leader in improved health outcomes through genomic insights, announced its plans to acquire Fabric Genomics, a pioneer in AI-based genomic interpretation. The deal enables GeneDx’s leadership in the next phase of genomic medicine: decentralized testing with centralized intelligence.

Dream Finders Homes: Acquisition Of Alliant National Title Insurance Company Closed

By Amit Chowdhry ● Apr 21, 2025

Dream Finders Homes announced that it has closed on its acquisition of Alliant National Title Insurance Company and a related affiliate after the initial deal announcement on October 23, 2024. This acquisition was formally closed on April 18, 2025.

Electra: $115 Million (Series B) Raised For Building First Ultra Short Aircrafts

By Amit Chowdhry ● Apr 21, 2025

Electra.aero announced it has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft, which can take off and land in 150 feet, which is roughly 10% of the footprint required for similarly-sized legacy airplanes. Prysm Capital led the funding round. Lockheed Martin Ventures, Honeywell, and Safran are among Electra's strategic investors, Prysm Capital, Statkraft Ventures, the Virginia Innovation Partnership Corporation (VIPC), and other private investors.

Sagard: Strategic Partnership Signed With BEX Capital

By Amit Chowdhry ● Apr 21, 2025

Sagard, an alternative asset manager with over $27 billion of assets under management, announced that it has signed a definitive agreement to acquire a strategic stake in BEX Capital, a specialized secondaries investment firm with over $2 billion of assets under management.

Bain Capital And BlueWater Marinas Buying Boathouse Marine Center

By Amit Chowdhry ● Apr 21, 2025

Bain Capital’s Real Estate team and BlueWater Marinas, led by Joe Miller and Dunston Powell, announced the acquisition of Boathouse Marine Center (BMC), a dry-stack marina in Pompano Beach, Florida. The financial terms of the private and off-market purchase were not disclosed.

LPL Onboards $230 Million Tenacity Investment Group Advisor Team

By Amit Chowdhry ● Apr 21, 2025

LPL Financial announced that financial advisor Steve Jones of Tenacity Investment Group has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. And he reported serving about $230 million in advisory, brokerage and retirement plan assets and joins LPL from Raymond James.

Hammerspace: $100 Million Raised For Data Platform For AI

By Amit Chowdhry ● Apr 21, 2025

Hammerspace, a high-performance Data Platform for AI, announced that several strategic venture investors have invested $100 million in new strategic growth capital in Hammerspace. The rest of the funding round was completed by a combination of new and existing investors.

MiddleGround Capital: Jonathan La Named As CFO

By Amit Chowdhry ● Apr 21, 2025

MiddleGround Capital - an operationally focused PE firm that makes control investments in North American and European-based middle-market B2B industrial and specialty distribution companies - has hired Jonathan La as Chief Financial Officer. He reports to Christopher Speight, a partner at MiddleGround’s New York office. He started the position in February 2025.

Glycomine: $115 Million (Series C) Raised To Advance GLM101 Drug Candidate

By Amit Chowdhry ● Apr 21, 2025

Glycomine - a biotechnology company focused on developing transformative new therapies for orphan diseases - announced a $115 million Series C financing to advance its lead candidate GLM101, into a Phase 2b clinical trial. This funding was led by CTI Life Sciences Fund, funds managed by abrdn, and Advent Life Sciences, along with continued investment from existing investors, Novo Holdings, Sanofi Ventures, Abingworth, RiverVest Venture Partners, Sanderling Ventures, Chiesi Ventures, Remiges Ventures, and Asahi Kasei Ventures.

Worldeye Technologies Buying DataHawk To Expand E-Commerce Platform

By Amit Chowdhry ● Apr 21, 2025

Worldeye Technologies announced the acquisition of DataHawk, a provider of e-commerce analytics solutions. This deal integrates DataHawk's analytics platform into Worldeye Technologies' portfolio, creating synergies with other established marketplace optimization tools like Viral Launch.

Auradine: $153 Million (Series C) Raised For Advancing Future Of Blockchain

By Amit Chowdhry ● Apr 21, 2025

Auradine - a leader in energy-efficient blockchain and AI infrastructure solutions - announced the closing of an additional $153 million in connection with its Series C funding round. This funding round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors.

WWE Acquiring Lucha Libre AAA

By Amit Chowdhry ● Apr 21, 2025

WWE - part of TKO Group Holdings - has announced its acquisition of leading Mexican lucha libre promotion AAA in partnership with Mexico-based sports and entertainment holding company Fillip.

ROH: $9.2 Million Raised For Hospitality-Focused Payments Management Platform

By Amit Chowdhry ● Apr 21, 2025

ROH, which is the hospitality industry’s first payments management platform, announced it completed a $9.2 million funding round, led by Highgate Technology Ventures (HTV) and Acrew Capital.

TDK Ventures: Fund 3 Launched At $150 Million

By Amit Chowdhry ● Apr 21, 2025

TDK announced today that its corporate venture-capital subsidiary, TDK Ventures, has launched Fund 3, a $150 million commitment to catalyzing the next generation of iconic deeptech startups. Building on Fund 1, Fund 2, and Fund EX1, this milestone also increases TDK Ventures’ total assets under management to $500 million, highlighting its position as a global leader in early-stage impact investing.

Ares Management: Acquisition Of Epika Fleet Services

By Amit Chowdhry ● Apr 21, 2025

Epika Fleet Services - a leading mobile-focused provider of preventative maintenance and repair services for commercial trucking fleets - announced that an Ares Private Equity fund has acquired a majority stake in the company. This deal provides Epika with the capital needed to support investments in the quality and buildout of its service offerings, expand its customer base in underserved geographies, and solidify the platform as a mobile-solutions provider of choice for fleet operators.

Neogen Selling Cleaners And Disinfectants Business For $130 Million

By Amit Chowdhry ● Apr 21, 2025

Neogen, a leader in food safety solutions, announced it has entered into a definitive agreement to sell its global cleaners and disinfectants business to Kersia Group, a leader in biosecurity, disinfection, and hygiene solutions, for $130 million in cash at closing plus contingent consideration tied to the business's future performance.

Kenzo: $4.5 Million Raised For Transforming Security Operations

By Amit Chowdhry ● Apr 21, 2025

Kenzo Security announced it emerged from stealth after 18 months with $4.5 million in funding from The General Partnership and Michael Coates (former CISO of Mozilla and Twitter). And its Agentic AI Security Operations Platform is purpose-built to help CISOs and security teams do more with less while reducing risk.

HEICO Buying Aircraft Interior Display Company Rosen Aviation

By Amit Chowdhry ● Apr 21, 2025

HEICO announced that its Mid Continent Controls (MC2) subsidiary acquired all of the ownership interests of Eugene, Oregon-based Rosen Aviation for cash consideration paid at the deal's closing. The further terms and financial details were not disclosed.

Bauplan: $7.5 Million (Seed) Secured For AI And Data Infrastructure Platform

By Amit Chowdhry ● Apr 21, 2025

Bauplan, a Python-first serverless data platform that transforms complex infrastructure processes into a few lines of code over data lakes, announced its launch with $7.5 million seed funding. Innovation Endeavors led this funding round, which included experienced operators Wes McKinney, Aditya Agarwal, and Chris Re.

Capital Machine Technologies: Investment Raised From Rotunda Capital

By Amit Chowdhry ● Apr 21, 2025

Rotunda Capital Partners announced it has invested in Capital Machine Technologies in partnership with the existing owners and management team.