Archives

BlackRock recently announced that its assets under management (AUM) reached a record $12.5 trillion in the second quarter, driven by $46 billion in net inflows to its investment funds amidst market volatility related to President Trump's tariff policies.

Stone Point Capital, a private equity firm specializing in financial services and related industries, announced the final closing of its tenth private equity fund, Trident X, with total commitments of $11.5 billion. This new fund significantly exceeded its original target and hard cap of $9 billion and is approximately $2.5 billion larger than its predecessor, Trident IX, which closed in 2022 at $9 billion.

Brookfield Asset Management, in partnership with Brookfield Renewable and Google, announced a Hydro Framework Agreement (HFA). This first-of-its-kind deal aims to deliver up to 3,000 megawatts (MW) of carbon-free hydroelectric capacity across the United States, marking the world’s largest corporate clean power agreement for hydroelectricity.

Amogy, a pioneer in scalable and efficient ammonia-to-power solutions, announced an additional $23 million in venture financing, bringing its latest funding round to $80 million. This expansion builds on the round initially announced in January 2025 and will further accelerate Amogy’s global momentum, supporting the company’s push into stationary power generation, advancing its maritime technology portfolio, and expanding operations across key Asian markets The round was co-led by Korea Development Bank (KDB) and KDB Silicon Valley, with new investors including BonAngels Venture Partners, Pathway Investment, and JB Investment. With this latest round, Amogy has secured nearly $300 million in total funding to date and reached its highest company valuation yet.

Trusty, an AI-based estate planning platform helping families manage, protect, and pass down wealth across generations, announced it has raised $1 million in pre-seed funding. The round was co-led by Relay Ventures and Graphite Ventures, with participation from Mistral Venture Partners and strategic angel investors. The funding will advance product development and drive growth across Canada and the U.S., with a focus on enhancing Trusty’s AI asset detection wizard and in-app assistant, as well as expanding its proprietary workflows in partnership with wealth and estate professionals.

Abacus, a company developing agentic CPA assistants for modern accounting firms, today announced it has raised $6.6 million in seed funding. The round was led by Menlo Ventures, with significant participation from Pear VC, and additional involvement from Recall Capital and Original Capital.

Varda Space Industries, a pioneering microgravity-enabled life sciences company, has announced the closing of a $187 million Series C funding round. This brings the total capital raised by the company to $329 million. The funding round was led by Natural Capital and Shrug Capital, with participation from existing investors including Founders Fund, Peter Thiel, Khosla Ventures, Caffeinated Capital, Lux Capital, and Also Capital.

Virtru, a leader in data-centric security and the creator of the open standard Trusted Data Format (TDF), announced today it has raised $50 million in new funding. The round was led by ICONIQ, with participation from Bessemer Venture Partners, Foundry, and The Chertoff Group.

HelloPrenup, a company transforming how modern couples create prenuptial agreements, announced a new strategic investment from The LegalTech Fund (TLTF). This investment will accelerate HelloPrenup's mission to make prenuptial agreements accessible, affordable, and a normalized part of healthy relationship planning.

CREAL, the Swiss innovator in light field display technology, today announced the final close of an $8.9 million equity funding round. The round was led by ZEISS, with participation from new and existing investors, including members of the UBS private investor network.

Vixor has officially launched its $2 million Seed Round to accelerate the growth of its free, fully automated market-making platform.

Creative Planning, a national investment advisor, has acquired Mosaic Pacific, a Hawaiian financial advisory firm. The deal, finalized on June 30, 2025, adds approximately $430 million in assets under management to Creative Planning's portfolio.

maxon Group, a Swiss-based leader in high-precision drive systems, has acquired a minority stake in Synapticon, a German provider of intelligent motion control solutions with integrated safety features. 

Atlas, a financial firm focused on modernizing wealth management, has acquired Central Wealth Management (CWM), a Wisconsin-based RIA. This acquisition pushes Atlas's total assets under management past $230 million. CWM will now operate fully under the Atlas brand, maintaining its office in Madison, Wisconsin.

Pronto.ai, a leader in autonomous haulage systems (AHS), has acquired SafeAI Inc., a pioneer in multi-sensor autonomous solutions for heavy industry. This acquisition solidifies Pronto's position as the leading provider of autonomous solutions for the off-road sector.

Panacea Financial, a financial technology company dedicated to healthcare professionals, has extended its Series B funding round to $62 million with a new $37 million investment from Valar Ventures. And this brings Valar's total equity investment in Panacea to $62 million, marking it as one of the largest fintech investments in a healthcare-specialized financial platform.

Blue Owl Capital (a leading alternative asset manager) and Voya Financial (a prominent provider of retirement and investment solutions) have announced a strategic partnership. Their goal is to develop private market investment products specifically for defined contribution retirement plans.

Hightower Advisors, a national wealth management firm, has appointed Scott Hadley to the newly created position of Chief Advisory Officer. In this role, Hadley will be responsible for enhancing Hightower's engagement and support for its expanding network of advisors. This move underscores Hightower's ongoing commitment to fostering growth and providing robust resources for advisors.

King Risk Partners, the 56th largest insurance brokerage in the U.S., has announced its continued expansion in the Southeast by acquiring Cummings Insurance Agency.

Vultron, the company behind the Agentic Operating System, designed to transform federal growth strategies, announced it has raised a total of $22 million, including its recent Series A funding round. The round was led by Greycroft, with participation from Craft Ventures, Long Journey, South Park Commons, and several strategic angel investors.

OpenEvidence, the leading medical search and AI application for U.S. clinicians, has announced a $210 million Series B funding round, valuing the company at $3.5 billion. The round was co-led by Google Ventures and Kleiner Perkins, with follow-on investment from Sequoia Capital (who led their Series A earlier this year). Additional investments came from Coatue, Conviction, and Thrive. OpenEvidence has now raised over $300 million since its inception.

Streamforge, an AI-powered business intelligence platform for the creator economy, has successfully closed a $1.2 million seed funding round in March 2025. The round was led by AQC Capital and Anges Québec, with continued support from existing investors Triptyq Capital and Telegraph Hill Capital. New investors include the StarForge Fund and several angel investors.

XTEND, a leader in AI-powered tactical autonomous robotic systems, today announced the successful close of a $30 million extension to its Series B funding round, bringing the total raised to $70 million. The extension was co-led by Aliya Capital Partners and Protego Ventures, with participation from existing investors including Len Blavatnik's Claltech, Union-Tech Ventures, and Chartered Group.

Collate, the company behind OpenMetadata, the leading open-source project for data intelligence, announced today it has secured $10 million in Series A funding. The round was led by Venrock, with participation from Unusual Ventures and Karman Ventures.

GT Medical Technologies, a medical device company dedicated to improving the lives of patients with brain tumors, has announced the successful completion of its oversubscribed $53 million Series D equity financing round.

Bifrost Electronics, a Colorado-based quantum startup, announced it has successfully raised $2.5 million in seed funding. This investment will accelerate the development of its next-generation quantum amplifiers. The round was led by Colorado's Caruso Ventures, with participation from Harlow Capital and other investors.

Tavrn, an AI-driven legal tech platform, today announced the successful close of a $15 million Series A funding round led by Left Lane Capital. Existing investors A*, Hummingbird Ventures, and Box Group also participated, bringing the company's total funding to $21.6 million.

Felt, a leading cloud-native Geographic Information Systems (GIS) platform, announced it has secured $15 million in new funding. The round was led by Energize Capital, with participation from BCV and Footwork.

Heron, a startup dedicated to utilizing AI to automate workflows in business lending, equipment finance, and insurance, has announced that it has secured $16 million in Series A funding. The round was led by global software investor Insight Partners, with participation from existing investors Y-Combinator, BoxGroup, and Flex Capital. This Series A funding will fuel Heron's next phase of expansion, enabling the company to scale its AI-driven solutions across additional segments.

Covenant, an AI law firm designed for private market investors, announced it has raised $4 million in Seed funding. The round was led by Flybridge Capital Partners, with participation from Neil Barsky, a former hedge fund manager.