Archives

Liberty Hall Capital Partners Buying Catering Management Company Paxia

By Amit Chowdhry ● Jul 15, 2025

Liberty Hall Capital Partners, a private equity firm focused on aerospace and defense, has acquired Paxia, a leading global provider of integrated onboard services and catering management software for the commercial aerospace industry. Paxia was acquired from TELEO Capital, who will retain a minority interest. Terms of the transaction were not disclosed.

iCapital: Fintech Company Raises Over $820 Million At $7.5 Billion Valuation

By Amit Chowdhry ● Jul 15, 2025

iCapital, a global fintech company, has completed its latest financing round, raising over $820 million. Co-led by accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, along with SurgoCap Partners, this round brings iCapital's valuation to over $7.5 billion.

Vellum: $20 Million Series A Raised For Enterprise Development Platform

By Amit Chowdhry ● Jul 15, 2025

Vellum, a leading enterprise platform for building, testing, and deploying mission-critical AI products, has announced a $20 million Series A funding round. The round was led by Leaders Fund, with participation from Socii Capital and returning investors Y Combinator, Rebel Fund, Pioneer Fund, and Eastlink Capital.

Aqtual: Over $30 Million Raised For Precision Medicine

By Amit Chowdhry ● Jul 15, 2025

Aqtual, a precision medicine company developing products for chronic diseases and oncology, has raised $31 million in Series B funding. The oversubscribed round saw new investors, including Bold Capital and Bold Longevity Growth Fund, join existing investors Genoa Ventures, Manta Ray Ventures, and Yu Galaxy. A strategic diagnostics investor also contributed, boosting Aqtual's ability to advance its novel active chromatin cell-free DNA (cfDNA) platform towards commercializing its first flagship product: a therapy response prediction test for rheumatoid arthritis (RA).

Propel Venture Partners: $100 Million Fund V Closed

By Amit Chowdhry ● Jul 15, 2025

Propel Venture Partners, a seed-stage venture capital firm, has closed its Fund V with $100 million in commitments, bringing its total raised to over $436 million. Co-led by Jay Reinemann and David Mort, Propel focuses on early-stage investments in the intersection of technology and financial services, as well as crucial horizontal technologies.

Mizkan America Buying Beverage Company Zing Zang

By Amit Chowdhry ● Jul 15, 2025

Mizkan America has acquired Chicago-based Zing Zang, the top-selling Bloody Mary brand in America, for an undisclosed sum. This acquisition significantly boosts Mizkan's presence in the growing cocktail mixer category, which the company internally refers to as "Inspired Mixology."

Ulta Beauty Buying British Retailer Company Space NK

By Amit Chowdhry ● Jul 15, 2025

Ulta Beauty has acquired Space NK Limited, a prominent British beauty retailer, from Manzanita Capital. The financial terms of the deal were not disclosed.

Amplitude Buying Voice Of Customer Company Kraftful

By Amit Chowdhry ● Jul 15, 2025

Amplitude has acquired Kraftful, an AI-native Voice of Customer (VoC) startup. This acquisition aims to provide teams with a 360-degree view of their customers, enabling them to build better products and digital experiences by combining quantitative user behavior data with qualitative user feedback. This move reinforces Amplitude's position as a comprehensive digital analytics platform.

Tomoverse Imaging: $5 Million Seed Funding Raised For Advanced CT Imaging Platform

By Amit Chowdhry ● Jul 15, 2025

Tomoverse Imaging, a medical software company specializing in advanced CT imaging for structural heart interventions, has successfully closed a $5 million Seed funding round, led by a Canadian Family Office.

Airalo: $220 Million Raised At Over $1 Billion Valuation For eSIM Technology

By Amit Chowdhry ● Jul 15, 2025

Airalo, the world's largest eSIM provider, has secured a $220 million investment led by new investor CVC, valuing the company at over $1 billion. This funding marks Airalo as the industry's first "unicorn" and will accelerate its rapid expansion, already serving over 20 million travelers across 200+ destinations.

Chariot: $3.6 Million Raised To Scale Corporate Justice

By Amit Chowdhry ● Jul 15, 2025

Chariot Claims, a newly rebranded legal-tech startup, has announced a $3.6 million seed funding round led by Indicator Ventures. This investment will support the launch and growth of Chariot's advanced web platform, which aims to make corporate justice scalable.

Renasant Bio Launches With $54.5 Million Seed Funding To Develop Kidney Disease Treatments

By Amit Chowdhry ● Jul 15, 2025

Renasant Bio has officially launched with $54.5 million in seed funding to develop next-generation disease-modifying treatments for autosomal dominant polycystic kidney disease (ADPKD). ADPKD is the leading genetic cause of end-stage renal failure. The funding round was co-led by founding investor 5AM Ventures, with significant participation from Atlas Venture, OrbiMed, and Qiming Ventures. This capital will advance Renasant's lead corrector program and fuel discovery efforts for its first-in-class potentiator program.

Slate Buys $226.5 Million Sunbelt Multifamily Portfolio

By Amit Chowdhry ● Jul 15, 2025

Slate Asset Management, a global investor in essential real estate and infrastructure, has agreed to acquire a six-property, 1,600-unit multifamily portfolio for $226.5 million. These properties are located in the rapidly growing Sunbelt markets of Florida, Georgia, and Arizona.

Novenda: $6.1 Million Raised To Transform Dental 3D Printing

By Amit Chowdhry ● Jul 15, 2025

Novenda Technologies, a startup leveraging AI agents for pharmacy automation, has announced $6.1 million in funding. This investment, led by Glasswing Ventures and Core Innovation Capital, aims to transform dental product manufacturing using their multi-material 3D printing technology. This solution aims to make high-quality, aesthetic, accessible, and affordable dental care a reality for the nearly 3.5 billion people worldwide who struggle with oral diseases.

Wefox: €151 Million Raised For Insurtech Platform

By Amit Chowdhry ● Jul 15, 2025

Wefox has successfully secured €151 million in funding, comprising a €76 million capital raise from existing investors and a €75 million refinancing of an existing credit facility from Searchlight Capital Partners’ credit fund, Searchlight Opportunities Fund II. This funding follows a successful business restructuring, including the sale of wefox Insurance AG (Liechtenstein) and its Italian entities, positioning wefox for full-year profitability in 2025.

Insomnia Labs Raises $12 Million And Launches CreatorFi

By Amit Chowdhry ● Jul 15, 2025

Insomnia Labs, a leader in blockchain infrastructure and financial technology, has launched CreatorFi, an Avalanche-based platform offering stablecoin-based credit for digital creators. Debuting with a $12 million credit facility from Kamui Finance and other investors, CreatorFi aims to transform creator funding by providing fast, flexible advances against future earnings, integrated directly into existing creator platforms.

Exponent: Fifth Fund Closed At £900 Million

By Amit Chowdhry ● Jul 15, 2025

Exponent, a prominent European private equity firm, has announced the final close of its fifth fund, Exponent Private Equity Partners V (Fund V), securing £900 million (over €1 billion) in commitments. This amount is 20% above its target.

Merit Financial Advisors: Minority Investment Raised From Constellation Wealth Capital

By Amit Chowdhry ● Jul 15, 2025

Merit Financial Advisors, an Atlanta-based national wealth management firm with $19.94 billion in assets under advisement, has announced a strategic minority investment from Constellation Wealth Capital (CWC). CWC is an alternative asset management platform focused on supporting the long-term growth of independent wealth management firms.

Composition Wealth Brings In Two Teams And Reaches $9.5 Billion AUM

By Amit Chowdhry ● Jul 15, 2025

Composition Wealth, a national registered investment advisor (RIA), has expanded its reach by adding two advisory teams, bringing in a combined $481 million in assets. This increases Composition Wealth's total assets under management (AUM) to $9.5 billion as of July 3, 2025. The new partnerships include:

Boyd Gaming Selling FanDuel Stake For $1.755 Billion

By Amit Chowdhry ● Jul 15, 2025

Boyd Gaming agreed to sell its 5% equity interest in FanDuel Group to Flutter Entertainment for $1.755 billion in cash.

Foundation EGI: $23 Million Series A Raised For Advancing Manufacturing AI

By Amit Chowdhry ● Jul 15, 2025

Foundation EGI, the developer of the world's first Engineering General Intelligence (EGI) platform, has announced an oversubscribed $23 million Series A funding round, bringing its total funding to over $30 million. This investment will accelerate the company's mission to transform manufacturing bottlenecks into breakthroughs using domain-specific AI. The round was led by Translink Capital, with participation from RRE Ventures, McRock Capital, Escape Investment Management (Jim Scapa), Fifth Growth Fund, and returning backers including E14 Fund, UNION, GRIDS Capital, and Henry Ford III.

The Borgman Company Buys West Texas Oil Assets For $31.1 Million

By Amit Chowdhry ● Jul 15, 2025

The Borgman Company (TBC), a privately held Dallas-based giant, has agreed to acquire an undisclosed oil company with producing assets and service infrastructure in West Texas. The $31.1 million transaction significantly expands TBC's presence and resource base in the Permian Basin.

SAI360 Buying Hintbox For Enhancing US Whistleblower Systems

By Amit Chowdhry ● Jul 15, 2025

SAI360, a leader in integrated risk and compliance software, has acquired Lawcode GmbH, the German creators of Hintbox. Hintbox is a next-generation whistleblower hotline and case management platform, widely trusted in the DACH region. This deal aims to significantly modernize the U.S. hotline case management and reporting landscape.

Microsoft Investing Over $4 Billion For AI Education

By Amit Chowdhry ● Jul 15, 2025

Microsoft is launching Microsoft Elevate and the AI Economy Institute to ensure that, as AI transforms the world, people are equipped with the skills and tools to thrive. This initiative focuses on "putting people first" as AI becomes increasingly personal for students, teachers, and business owners.

Leonardo Enhances Cybersecurity Offerings With Axiomatics Acquisition

By Amit Chowdhry ● Jul 15, 2025

Leonardo has strengthened its cybersecurity offerings by acquiring Swedish company Axiomatics AB. This move adds a crucial component to Leonardo's Zero Trust portfolio, a cybersecurity model where all system, network, and data access is continuously verified. This approach, integral to Leonardo’s Global Cybersecurity Platform (GCC Platform), enhances cyber observability and proactive threat anticipation.

Ionic: $29 Million Series B Raised For Advanced Materials Platform

By Amit Chowdhry ● Jul 15, 2025

Ionic Mineral Technologies (Ionic MT), a U.S. producer of advanced materials for the energy, defense, and technology sectors, has closed an oversubscribed $29 million Series B financing round. The funding, which exceeded its $25 million target, signals strong investor confidence in Ionic MT's goal to establish a secure, domestic supply chain for critical battery components.

CoRegen: Over $93 Million Raised For Developing New Cancer Treatments

By Amit Chowdhry ● Jul 15, 2025

CoRegen - a biopharmaceutical company developing new treatments for aggressive cancers - announced it has successfully closed a $93.39 million financing round. This funding round will advance the company's chemistry, manufacturing, and controls (CMC) development and enable the initiation of a Phase 1/2 clinical trial in the first half of 2026.

Layer: $6.6 Million Seed Funding Raised For Embedded Accounting Platform

By Amit Chowdhry ● Jul 15, 2025

Layer, a leading embedded accounting platform for small and medium-sized business (SMB) software, today announced it has raised $6.6 million in seed funding. The round was led by Emergence Capital, with participation from Better Tomorrow Ventures (BTV).

Carnegie Mellon University Highlights Energy Startups

By Amit Chowdhry ● Jul 15, 2025

Carnegie Mellon University (CMU) is known as a hub for energy innovation, with startups emerging from its research to address critical issues in the power grid, climate technology, and energy efficiency.

Mitchell Capital: Controlling Interest In Digital Twin Company Optelos Acquired

By Amit Chowdhry ● Jul 15, 2025

Private equity firm Mitchell Capital has acquired a controlling interest in Optelos, a company specializing in digital twin platforms and intelligent asset assurance solutions for critical infrastructure.