Archives

Ansa Biotechnologies: $54.4 Million Series B Raised To Transform DNA Synthesis

By Amit Chowdhry ● Yesterday at 9:16 PM

Ansa Biotechnologies, an emerging leader in the field of DNA synthesis, has announced the closing of a $45.2 million funding round. This financing also includes additional commitments totaling $9.2 million, positioning it as an oversubscribed Series B round. The funding was spearheaded by Cerberus Ventures, with strong participation from Blue Water Life Science Advisors and Altitude Life Science Ventures, as well as other existing investors. The company also welcomed new investors, including Fall Line Capital, AIM13, and Black Opal Ventures.

Nuveen: Multi-Asset Infrastructure Platform Launched To Advance $340 Billion Private Markets Operations

By Amit Chowdhry ● Yesterday at 9:09 PM

Nuveen, a global asset manager with an impressive $1.3 trillion in assets under management, has taken a significant step by launching a dedicated Global Infrastructure Investment Platform. This initiative aims to consolidate multiple specialized teams under a single leadership structure, responding to the growing demand from investors for infrastructure assets. The formation of this platform demonstrates Nuveen's commitment to capitalizing on market opportunities while leveraging its extensive resources.

Jack Henry Acquires Victor Technologies To Enhance Payment Services

By Amit Chowdhry ● Yesterday at 9:06 PM

Jack Henry & Associates has made headlines with its recent acquisition of Victor Technologies, a company known for its innovative, cloud-native, and API-first solutions in the embedded payments sector. The acquisition was completed with Victor being acquired from MVB Financial.

CSW Industrials Buying Motors & Armatures Parts For $650 Million

By Amit Chowdhry ● Yesterday at 9:03 PM

CSW Industrials has announced the acquisition of Motors & Armatures Parts (MARS Parts) for $650 million in cash. This deal is subject to standard closing adjustments, which are customary in such deals.

AudioShake: $14 Million Series A Closed For AI-Based Audio Separation Technology

By Amit Chowdhry ● Yesterday at 8:46 PM

AudioShake has recently announced it raised $14 million in Series A funding. This funding round was led by Shine Capital, with notable contributions from Thomson Reuters Ventures, Origin Ventures, Background Capital, as well as existing investors Indicator Ventures and Precursor Ventures.

Baselane: $34.4 Million Raised For Real Estate Financial Platform

By Amit Chowdhry ● Yesterday at 8:44 PM

Baselane, a financial platform tailored specifically for real estate investors, has raised a total of $34.4 million in new funding. This substantial amount includes a recently completed $20 million Series B round, which Thomvest Ventures led. The Series B round also brought in participation from Matrix Partners, Diagram Ventures, Starwood Capital, Parameter Ventures, Activant Capital, RXR ARDEN Digital Ventures, and Watershed Ventures. With this latest funding, Baselane’s total capital raised to date has reached an impressive $44.3 million.

Significo: Series B Funding Raised At $100 Million Valuation For Advancing Health AI And Digital Therapeutics Platform

By Amit Chowdhry ● Yesterday at 8:36 PM

Significo, a leader in health AI and digital therapeutics, today announced the close of its Series B financing round led by JSTAR Capital Investments' Horizon Fund II. The funding brings Significo's valuation to $100 million and positions the company to accelerate its strategy of acquiring and integrating synergistic digital health companies.

Cyvl: $14 Million Series A Raised For AI Infrastructure Intelligence Platform

By Amit Chowdhry ● Yesterday at 8:27 PM

AI Infrastructure Intelligence Platform company Cyvl recently announced that it has raised $14 million in a Series A funding round, led by Sentinel Global. This funding will enable Cyvl to expand its innovative technology further and enhance its impact on infrastructure management nationwide.

OncoC4: Nearly $50 Million Series B Closed For Clinical Development Plans

By Amit Chowdhry ● Yesterday at 8:12 PM

OncoC4, a biotechnology company focused on clinical-stage innovations, recently completed a Series B financing round at nearly $50 million. The GBA Fund led this funding round, with contributions from the company's co-founders and existing investors, including HM Capital, 3E Bioventures Capital, and Kaitai Capital. This funding will play a significant role in advancing the company's development agenda.

Feedzai: $75 Million At Over $2 Billion Valuation Raised To Fight Financial Crime

By Amit Chowdhry ● Yesterday at 7:14 PM

Feedzai, a company focused on AI-driven RiskOps for financial crime prevention, announced an investment round of about $75 million, which has raised its company valuation to over $2 billion. This latest funding round attracted new institutional investors, including Lince Capital, Iberis Capital, and Explorer Investments, alongside continued support from existing investors such as Oxy Capital and Buenavista Equity Partners.

Allworth Acquires $850 Million Firm Shorepoint Capital Partners

By Amit Chowdhry ● Yesterday at 7:08 PM

Allworth Financial, a leading national registered investment advisor (RIA), has recently announced its acquisition of Shorepoint Capital Partners. This acquisition allows Allworth to enhance its service offerings and expand its asset management capabilities. Shorepoint, located in Norwood, Massachusetts, has a strong reputation and manages approximately $850 million in assets. The partnership will bring together a dedicated team of 10 professionals from Shorepoint, which includes four experienced financial advisors and six essential support staff members.

Ares Management: $5.3 Billion Raised For Infrastructure Secondaries Strategy

By Amit Chowdhry ● Yesterday at 4:38 PM

Ares Management, a leading global alternative investment manager with a strong reputation in the financial sector, has recently announced a significant achievement: it has raised approximately $5.3 billion for its Infrastructure Secondaries strategy. This total includes the final closing of its latest dedicated fund, known as Ares Secondaries Infrastructure Solutions III, as well as commitments from General Partners and affiliated investment vehicles.

SoftBank Buying ABB’s Robotics Division In $5.375 Billion Deal

By Amit Chowdhry ● Yesterday at 4:30 PM

ABB has announced a significant strategic shift, officially signing an agreement to divest its Robotics division to SoftBank Group. This divestiture is valued at an enterprise value of $5.375 billion, and the company has decided not to pursue its previous plan of spinning off the Robotics division as a separately listed entity. The deal is contingent upon receiving regulatory approvals and meeting standard closing conditions, with an expectation that the deal will be completed in mid-to-late 2026.

Reo.Dev: $4 Million Seed Funding Secured For AI-Native GTM Platform

By Amit Chowdhry ● Yesterday at 9:00 AM

Reo.Dev, an innovative Intent Platform created specifically for software companies that prioritize developers, announced a $4 million seed investment today. This funding round is led by Heavybit (an investor in the developer ecosystem), with additional participation from renowned firms such as India Quotient and Foster Ventures.