Archives

Empathy: $72 Million Series C Raised For Transforming How The World Manages Tough Moments

By Amit Chowdhry ● May 31, 2025

Empathy, a leading technology company transforming how the world plans for and manages life’s toughest moments, announced a $72 million Series C fundraise led by Adams Street Partners with participation from General Catalyst, Index Ventures, Entrée Capital, Brewer Lane Ventures, SemperVirens, Latitude, and LionTree, bringing total capital raised to $162 million.

EQT Selling Acumatica To Vista Equity Partners

By Amit Chowdhry ● May 31, 2025

EQT announced that the EQT VII fund has agreed to sell Acumatica to Vista Equity Partners. The deal marks a significant milestone in Acumatica's growth journey, following its transformation since EQT's initial investment in 2019.

Flip: $28 Million Series A Extension Secured For Helping Deskless Workers

By Amit Chowdhry ● May 31, 2025

Flip announced a $28 million Series A extension. Existing investors, including LEA Partners, HV Capital, Notion Capital, and Roland Berger, led the round.

Rhizome: $6.5 Million Seed Round Closed For Climate Resilience Planning Platform

By Amit Chowdhry ● May 31, 2025

Rhizome, a leading climate resilience planning platform for the power grid, announced the closing of a $6.5 million oversubscribed seed funding round led by Base10 Partners. Base10 is joined in the Seed round by first-time Rhizome investors in MCJ and CLAI. And they join Convective Capital, El Cap, Streetlife Ventures, Stepchange, and Everywhere in closing out the oversubscribed round, all of whom also participated in prior Rhizome fundraises.

Rivan: £10 Million Raised To Build Energy Security

By Amit Chowdhry ● May 31, 2025

Rivan, a company enabling energy security through synthetic fuels, announced it has raised £10 million in funding led by Plural, with participation from 20VC, NFDG (Nat Friedman and Daniel Gross), and prominent angel investors Patrick and John Collison (Stripe).

Attensi: Over $25 Million Secured For Game-Based Solutions For Skills

By Amit Chowdhry ● May 30, 2025

Attensi, which is a leading provider of game-based solutions for skills and people development, announced it has secured more than $25 million in non-dilutive growth funding. This follows a remarkable period of growth for the company, driven by AI innovation and strategic product development.

Meibel: $7 Million Seed Raised For Building Confident AI Runtime Platform

By Amit Chowdhry ● May 30, 2025

Meibel, a runtime platform for confident AI, announced it has raised $7 million in seed funding to accelerate adoption across industries. The funding round was led by Mosaic General Partnership with participation from Array Ventures, Denver Ventures, Cofounders Capital, and Service Provider Capital.

Wolters Kluwer To Buy Brightflag In €425 Million Deal

By Amit Chowdhry ● May 30, 2025

Wolters Kluwer Legal & Regulatory announced that it has signed an agreement to acquire Brightflag, a fast-growing cloud-based provider of AI-powered legal spend and matter management software, for approximately €425 million in cash.

Leidos Acquires Kudu Dynamics In $300 Million Deal

By Amit Chowdhry ● May 30, 2025

Leidos announced that it has acquired Kudu Dynamics, advancing Leidos' rapid scaling of artificial intelligence (AI)-enabled cyber capabilities for defense, intelligence, and homeland security customers.

Cantor Fitzgerald To Buy $11 Billion Hedge Fund Unit Of UBS

By Amit Chowdhry ● May 30, 2025

Cantor Fitzgerald announced that it has entered into a definitive agreement to acquire UBS’s O’Connor alternatives investment platform, which includes hedge funds, private credit, and commodities, with approximately $11 billion in invested assets. This deal will significantly support Cantor Fitzgerald’s Asset Management (CFAM) capabilities and support the company’s broader growth efforts across its core businesses, including Cantor, its global investment bank.

Greenlite AI: $15 Million Series A Closed To Help Banks Fight Financial Crime

By Amit Chowdhry ● May 30, 2025

Greenlite AI, a leading AI agent platform for financial services, announced a $15 million Series A funding round, bringing its total capital raised to $20 million.

Pay-i: $4.9 Million Raised For Value-Intelligence Platform

By Amit Chowdhry ● May 30, 2025

Pay-i, a new value-intelligence platform for GenAI, has recently emerged from stealth with $4.9 million in seed funding to address this issue. The funding round was co-led by Fuse Partners and Tola Capital, with participation from Firestreak, Pear VC, Gaia Capital, and angel investors from Fortune 100 companies.

Flo: Series A Raised For Expanding Legal Recruiting Ecosystem

By Amit Chowdhry ● May 30, 2025

Flo Recruit, a connected suite of legal talent software, announced it has closed a Series A round led by LiveOak Ventures and Moneta Ventures with participation from The LegalTech Fund, Y Combinator, and Teamworthy Ventures.

Sangha Renewables: $14 Million Raised For Transforming Energy Generation Through Bitcoin Mining

By Amit Chowdhry ● May 30, 2025

Sangha Renewables, a company redefining renewable energy generation through bitcoin mining and institutional-grade project finance, announced the groundbreaking of its flagship 19.9-megawatt (MW) mining facility in West Texas. Created in partnership with a leading independent power producer (IPP), the facility will operate behind the meter on an established large-scale solar energy site. This facility will deliver optimized power monetization and attractive bitcoin-backed returns for investors.

Zoca: $6 Million Raised For Transforming Local Businesses With Agentic AI

By Amit Chowdhry ● May 30, 2025

Zoca announced a $6 million round to build an AI-based growth platform to help hyperlocal service businesses get discovered, booked, and rebooked, promising one outcome: more paying clients, guaranteed. The funding round was led by Accel with participation from GTMfund, Elevation Capital, and Better Capital.

REplace: $2.1 Million Secured For Advancing AI-Based Energy Site Selection

By Amit Chowdhry ● May 30, 2025

REplace, an AI-based platform streamlining renewable energy and data center development, announced a $2.1 million funding round. The funding round was led by Gravity Climate, whose founding team includes Dr. Bracha Halaf, former Chief Scientist of Israel's Ministry of Energy, and Zafrir Yoeli, Co-Founder of Enlight.

Outcomes4Me: $21 Million Secured For Advancing AI-Based Cancer Care Innovation

By Amit Chowdhry ● May 30, 2025

Outcomes4Me - a developer of the leading direct-to-patient and AI-based platform transforming the cancer care experience - announced the closing of a $21 million funding round. With this round, Outcomes4Me welcomes a new investor, London-based Salica Investments, alongside all existing investors: Labcorp Venture Fund, Forecast Labs, Northpond Ventures, Sierra Ventures, Asset Management Ventures, IRA Capital, and Merstal LTD. This brings Outcomes4Me's total capital raised to date to $38 million.

Saks Global: $350 Million In New Financing Secured

By Amit Chowdhry ● May 30, 2025

Saks Global Enterprises announced it has shared progress against its previously announced measures to strengthen its balance sheet and support its long-term growth.

Uplinq: $10 Million Series A Closed For Transforming AI-Based Bookkeeping And Tax Solutions

By Amit Chowdhry ● May 30, 2025

Uplinq, a leading provider of AI-based bookkeeping and tax solutions for small and medium-sized businesses (SMBs), announced the closing of a $10 million Series A funding round. The funding round was led by Next Coast Ventures, with participation from AZ-VC, Live Oak Ventures, and existing investors.

Vima Therapeutics: $60 Million Series A Secured For Advancing Oral Therapy For People With Dystonia And Movement Disorders

By Amit Chowdhry ● May 30, 2025

Vima Therapeutics, a clinical-stage biotechnology company focused on oral therapies for movement disorders, has launched with a $60 million Series A financing led by Atlas Venture, with participation from Access Industries and Canaan.

Snorkel AI: $100 Million Series D Raised For Data Development Platform

By Amit Chowdhry ● May 30, 2025

Snorkel AI recently announced a few major milestones. For example, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. There was also participation from Prosperity 7 Ventures, existing investors Greylock and Lightspeed, and existing strategic investors including BNY and QBE Ventures.

Flure: Interview With Head Of Marketing Antony Neverov About The Dating App Company

By Amit Chowdhry ● May 30, 2025

Flure is the first explorationship app – a safe, playful space for real connection without pressure or predefined labels. Pulse 2.0 interviewed Flure Head of Marketing Antony Neverov to learn more about the company.

Volteras: $11.1 Million Raised For Energy And Mobility Data Platform

By Amit Chowdhry ● May 30, 2025

Volteras, a leading data streaming platform for the energy ecosystem, announced the close of its $11.1 million oversubscribed Series A funding round. This funding was spearheaded by Union Square Ventures and included participation from fleet card providers Wex and Edenred, along with existing investors, Exor and Long Journey Ventures. Wex and Edenred collectively service 24 million vehicles. And they see Volteras as a vital part of their transition to electric vehicles.

Baker McKenzie: Jan Schubert Named As Partner In Frankfurt

By Amit Chowdhry ● May 30, 2025

Baker McKenzie announced the expansion of its global M&A and Private Equity capabilities with the hiring of Jan Schubert as a partner in its Frankfurt office, effective June 1, 2025.

Dentons: Kosta Kostic Named As Partner In Montréal

By Amit Chowdhry ● May 30, 2025

Dentons announced the hiring of Kosta Kostic as a partner in the Corporate group in Montréal. And with extensive experience in M&A, private equity, securities, and corporate finance, Kosta is a trusted advisor to clients across various industries in the context of complex commercial transactions.

Diligent Buying Vault To Drive AI-Based Ethics And Compliance

By Amit Chowdhry ● May 30, 2025

Diligent, an AI leader in governance, risk and compliance (GRC) SaaS solutions, announced its acquisition of Vault, an AI-powered ethics and compliance solution that enables organizations to foster a speak-up culture, mitigate misconduct risks, and strengthen compliance. Recognizing the limitations of outdated ethics and compliance systems, this acquisition marks a significant step toward a new era of proactive integrity. By integrating Vault’s Speak Up technology into Diligent’s GRC platform, organizations can identify risks earlier, respond more quickly, and foster greater trust among employees and stakeholders.

A&O Shearman: George Knighton Returns As Partner

By Amit Chowdhry ● May 30, 2025

A&O Shearman announced that leading dealmaker George Knighton is returning to the firm from Skadden, Arps, Slate, Meagher & Flom (UK), where he has been a partner since 2019, most recently as co-head of the U.K. Corporate practice.

Sidley: John Muno Named As PE Funds Partner In Chicago

By Amit Chowdhry ● May 30, 2025

Sidley Austin announced that John Muno has joined Sidley’s office in Chicago as a partner in the firm’s Investment Funds group. Before joining Sidley, Muno was a partner in the Investment Funds group of Kirkland & Ellis.

sensmore: $7.3 Million Raised For Turning Machines Into Intelligent Robots

By Amit Chowdhry ● May 30, 2025

sensmore, a Berlin/Potsdam-based robotics startup, announced it has secured $7.3 million in funding to bring physical AI to the world’s largest mobile machinery. The funding was secured from a cohort of investors led by Point Nine Capital, and joined by international backers from the US and UK, including Acequia Capital, Tiny Supercomputer Investment Company, Prototype Capital, and Entrepreneur First.

Siro: $50 Million Series B Raised For AI-Based Conversation Intelligence Platform

By Amit Chowdhry ● May 30, 2025

Siro, an AI-based conversation intelligence platform for in-person sales, announced it has raised $50 million in Series B funding led by SignalFire, with participation from 01 Advisors, StepStone Group, and existing investors CRV, Fika Ventures, and Index Ventures.