Archives

Quinbrook Closes £156 Million Financing And Completes UK’s Largest Synchronous Condenser Portfolio

By Amit Chowdhry ● Today at 10:10 AM

Quinbrook, a specialist energy transition infrastructure investment manager, has closed a £156 million debt financing package for its Severn synchronous condenser portfolio and achieved commercial operations at its Neilston project in West Central Scotland, completing its four-asset Scottish portfolio. The two milestones advance Quinbrook's position as the largest private owner of synchronous condensers in the United Kingdom.

Illumia Invests In Chennai Global Capability Center To Drive Technology And Product Innovation

By Amit Chowdhry ● Today at 10:06 AM

Illumia, formerly known as Transact + CBORD and a business unit of Roper Technologies, has formally inaugurated a new office for its Chennai Global Capability Center at the International Tech Park in Chennai, India. The opening reinforces the company's investment in India as a strategic hub for its global technology and product organization, building on nearly fourteen years of presence in the city.

Firestorm Labs Raises $82 Million Series B To Scale Expeditionary Defense Manufacturing Platform

By Amit Chowdhry ● Today at 10:04 AM

Firestorm Labs, a San Diego-based defense technology company, has raised $82 million in Series B funding, bringing total capital raised to $153 million. The round was led by Washington Harbour Partners with participation from NEA, Ondas, In-Q-Tel, Lockheed Martin Ventures, Booz Allen Ventures, Geodesic, Motley Fool Ventures, and others.

Roadzen’s DrivebuddyAI Wins $2.5 Million Contract To Deploy AI Safety Platform Across 3,000-Truck Fleet

By Amit Chowdhry ● Today at 10:02 AM

Roadzen's drivebuddyAI driver safety platform has been awarded a contract to deploy its six-camera advanced driver assistance system across a fleet of 3,000 heavy-duty trucks operated by one of India's fastest-growing fleet operators, with expansion potential to 10,000 vehicles over five years.

SLAM Exploration Hires John Dinan As Exploration Manager To Advance Gold And Critical Minerals Portfolio

By Amit Chowdhry ● Today at 10:00 AM

SLAM Exploration, a Canadian resource company listed on the TSX Venture Exchange, has hired John Dinan, P.Geo., as Exploration Manager to strengthen its exploration team in New Brunswick. Dinan will support the company's search for copper, nickel, cobalt, antimony, and gold across its 56,000-hectare portfolio of mineral claims in the province.

CC Capital And OneIM Complete A$3.9 Billion Acquisition Of Insignia Financial

By Amit Chowdhry ● Today at 9:54 AM

CC Capital, a New York-based private investment firm, and One Investment Management, a global alternative investment manager, have completed the acquisition of Insignia Financial, Australia's leading diversified wealth management group. The companies acquired 100% of Insignia for A$4.80 per share in cash via a scheme of arrangement, representing an enterprise value of approximately A$3.9 billion, or US$2.5 billion. Insignia will be formally de-listed from the Australian Securities Exchange as of April 29, 2026.

Cognizant To Acquire Astreya To Deepen AI Infrastructure

By Amit Chowdhry ● Today at 9:52 AM

Cognizant, a Teaneck, New Jersey-based AI and technology services company, has entered into a definitive agreement to acquire Astreya, a San Jose-based AI-first IT managed services and solutions provider. The transaction is expected to expand Cognizant's AI infrastructure capabilities and production-grade AI operations platform as enterprises accelerate spending on data center infrastructure. Financial terms were not disclosed. The deal is expected to close in the second quarter of 2026.

CoreGo: Majority Growth Investment From Bregal Milestone To Expand European Event Payment Platform

By Amit Chowdhry ● Today at 9:49 AM

Bregal Milestone, a European software growth private equity firm, has made a majority strategic growth investment in CoreGo, a Helsinki-founded provider of open-loop payments and integrated technology solutions for festivals, sports events, and venues across Europe. Financial terms were not disclosed.

Babcock & Wilcox Secures $21 Million In Fuel Switching Technology Awards Amid Rising Baseload Demand

By Amit Chowdhry ● Today at 9:48 AM

Babcock & Wilcox, an Akron, Ohio-based energy and environmental products and services company, has secured more than 21 million dollars in awards for fuel switching technologies across the United States, reflecting increased utilization of coal and natural gas power plants. The awards, which include engineering and material supply, come alongside continued strong performance in the company's parts and services business driven by elevated baseload generation demand.

Hightouch: $150 Million Series D At $2.75 Billion Valuation Raised To Power Agentic Marketing Platform

By Amit Chowdhry ● Today at 9:48 AM

Hightouch, a San Francisco-based data and AI marketing platform, has raised a $150 million Series D round led by Growth Equity at Goldman Sachs Alternatives and Bain Capital Ventures, valuing the company at 2.75 billion dollars. Additional participants include Iconiq Capital, Sapphire Ventures, Amplify Partners, Y Combinator, and TD7, the venture capital arm of The Trade Desk. The company has grown more than 100% in each of the past two years.

QDNL Participations Rebrands As Ground State Ventures And Announces $88 Million Fund Near Final Close

By Amit Chowdhry ● Today at 9:48 AM

Ground State Ventures, formerly known as QDNL Participations, has rebranded and announced that its early-stage quantum technology fund has reached $88 million in commitments, surpassing its original target of $70 million as it approaches final close. The new name and identity reflect the firm's expansion well beyond its original focus on Netherlands-based quantum startups to a broader international investment platform spanning the United States, Europe, and beyond.

Illuminate Financial Closes $135 Million Early Growth Fund Backed By Eight Major Financial Institutions

By Amit Chowdhry ● Today at 9:48 AM

Illuminate Financial, a London-based specialist venture capital firm focused on technology for financial services, has closed its fourth fund at $135 million. The Early Growth Fund was raised from eight of the world's leading financial institutions, including BNP Paribas, Citi, Deutsche Börse, HSBC, Jefferies, RBC, S&P Global, and TD Securities. The fund targets Series B and later Enterprise AI and fintech companies at the inflection point between proven technology and institutional scale.

Dawson Partners Opens Hong Kong Office And Appoints APAC Head To Expand Global Capital Raising Platform

By Amit Chowdhry ● Today at 9:46 AM

Dawson Partners, a Toronto-based global alternative asset manager focused on structured solutions for private markets, has opened its first Asia office in Hong Kong and appointed Rachel Guan as Senior Principal and Head of Asia Institutional. The expansion marks the firm's entry into the Asia-Pacific region as it builds out its global capital-raising platform, following its existing offices in Toronto, New York, and London.

Happy V: Interview With Founder & CEO Daniella Levy About The Women’s Wellness Company

By Amit Chowdhry ● Today at 9:46 AM

Happy V is a women’s wellness company that develops science-backed, transparently formulated supplements and probiotics designed to balance vaginal pH, support gut health, and manage common health issues like UTIs and hormonal imbalances. Pulse 2.0 interviewed Happy V founder and CEO Daniella Levy to learn more.

Aliya: Interview With Co-Founder & CEO S. P. “Wije” Wijegoonaratna About The Operational Intelligence Platform

By Amit Chowdhry ● Today at 9:00 AM

Aliya is a company that builds AI-powered operational intelligence software and infrastructure for banks. Their aliyaOS™ platform enables financial institutions to modernize lending workflows, optimize risk management, and increase revenue through autonomous, data-driven decisioning. Their technology helps banks move from manual processes to real-time, governed, and scalable lending operations. Pulse 2.0 interviewed Aliya co-founder and CEO Wije S. P. "Wije" Wijegoonaratna to learn more.

Fooda: Interview With Founder & CEO Orazio Buzza About The Leading Workplace Food Platform

By Amit Chowdhry ● Today at 7:30 AM

Fooda is a workplace food platform that partners with both national and local restaurants to bring diverse, daily meal options to corporate offices, hospitals, government buildings and schools. Fooda has built its own proprietary technology experience – Fooda OS – that is supported by AI and enables data-driven scheduling, demand forecasting, and concept rotating. Pulse 2.0 interviewed Fooda founder and CEO Orazio Buzza to learn more.

Parallel Web Systems: $100 Million Series B At $2 Billion Valuation Raised To Scale AI Agent Web Infrastructure

By Amit Chowdhry ● Today at 7:29 AM

Parallel Web Systems, a Palo Alto-based web infrastructure company powering how AI agents access the open web, has raised a 100 million dollar Series B round at a 2 billion dollar valuation, led by Sequoia Capital. The round more than doubles Parallel's Series A valuation from five months ago and brings total capital raised to 230 million dollars. Existing investors Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, Terrain Capital, and Abstract Ventures all increased their participation. Andrew Reed, Partner at Sequoia Capital, will join Parallel's board of directors.

Sage Acquires Doyen AI To Accelerate Customer Migrations And AI-Powered Implementations For SMBs

By Amit Chowdhry ● Yesterday at 11:45 PM

Sage, a London-listed leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses, has acquired Doyen AI, an AI-powered implementation company founded in 2024. Financial terms were not disclosed. The acquisition strengthens Sage's ability to help customers migrate from legacy systems to modern Sage solutions faster and more accurately.

DoubleU Games Proposes $184 Million Buyout Of Remaining DoubleDown Interactive Shares

By Amit Chowdhry ● Yesterday at 11:44 PM

DoubleU Games, a Seoul-based mobile social casino game developer listed on the Korea Exchange, has submitted a formal proposal to the board of DoubleDown Interactive to acquire all outstanding American Depositary Shares of DDI not currently held by DoubleU Games at $11.25 per ADS in an all-cash transaction, representing an aggregate value of approximately $184 million. The offer price equals DDI's 52-week high on the Nasdaq Global Select Market and represents a premium of approximately 22.4% over DDI's closing price on April 27, 2026.

Protective Life Acquires Obsidian Insurance Holdings From Genstar Capital To Enter Specialty Property And Casualty Market

By Amit Chowdhry ● Yesterday at 11:43 PM

Protective Life Corporation, a U.S. subsidiary of Tokyo-based Daiichi Life Group, has entered into an agreement to acquire Obsidian Insurance Holdings from Genstar Capital, establishing a new specialty property and casualty business line for Protective. Financial terms of the transaction were not disclosed. The deal is expected to close in the fourth quarter of 2026 or the first quarter of 2027, pending regulatory approvals.

TriFetch: $1.9 Million Raised To Automate Administrative Workflows For Independent Specialty Clinics

By Amit Chowdhry ● Yesterday at 11:40 PM

TriFetch, a San Francisco-based AI automation platform built for independent specialty clinics, has raised a $1.9 million pre-seed round led by Nexus Venture Partners, with participation from angels with backgrounds at Google, Hippocratic, Mercor, and MIT. The company is emerging from stealth with a platform designed to automate the three workflows that dominate clinic operating costs: patient calls and scheduling, referral processing, and prior authorizations.

CareDx To Acquire Naveris For Up To $260 Million To Expand Into Viral-Mediated Cancer Diagnostics

By Amit Chowdhry ● Yesterday at 11:14 PM

CareDx, a precision medicine company focused on transplant patients, has entered into a definitive agreement to acquire Naveris, a commercial-stage precision oncology diagnostics company, for $160 million in upfront cash consideration plus up to an additional $100 million contingent on revenue milestones. The transaction extends CareDx's strategy into specialty oncology and adds a Medicare-reimbursed liquid biopsy platform addressing a total addressable market of $4.5 billion.

Corporate Technologies Acquires RPM Technologies To Expand Life Sciences Expertise And National Reach

By Amit Chowdhry ● Yesterday at 11:14 PM

Corporate Technologies, a national managed IT services and cybersecurity provider for small and mid-sized businesses, has acquired RPM Technologies, a managed services provider with deep expertise in life sciences and other highly regulated industries. Financial terms of the transaction were not disclosed. The acquisition expands Corporate Technologies' presence to 21 markets nationwide.

Keller Williams Names Christopher Brodhead As Chief Revenue Officer

By Amit Chowdhry ● Yesterday at 11:13 PM

Keller Williams Realty, the world's largest real estate franchise by agent count, has appointed Christopher Brodhead as Chief Revenue Officer in a newly created role. Brodhead will lead the company's revenue growth strategy and align KW's revenue-driving functions into a unified approach that supports growth across its ecosystem of agents, franchises, and leaders.

Janney Welcomes Adam Runk And Greg Marco In Lancaster, Pennsylvania

By Amit Chowdhry ● Yesterday at 10:52 PM

Janney Montgomery Scott has announced the addition of Adam Runk and Greg Marco as Executive Vice Presidents of Investments in its Lancaster, Pennsylvania office. The two advisors join from FNB Trust, bringing client relationships representing more than $760 million in assets. They are joined by Account Executive Gizem Folk and Private Client Associate David Whiting.

Performativ Raises $14 Million Series A To Expand AI-Native Wealth Management Operating System

By Amit Chowdhry ● Yesterday at 10:47 PM

Performativ, a Copenhagen-based operating system for wealth management, has raised 14 million dollars in a Series A funding round led by Deutsche Börse Group, with participation from Rabo Investments, the investment arm of Rabobank, former McKinsey Senior Partner Jacob Dahl, and existing investors FinTech Collective and EIFO, the Danish sovereign wealth fund.

T-Mobile Forms Two Fiber Joint Ventures to Extend Broadband Reach

By Amit Chowdhry ● Yesterday at 10:46 PM

T-Mobile has announced two strategic fiber joint ventures that will expand its broadband footprint by more than one million households nationwide. The deals pair T-Mobile with private equity firm Oak Hill Capital and global infrastructure investor Wren House, bringing three regional fiber operators into T-Mobile's growing portfolio alongside its existing fixed wireless 5G broadband business.

Clifford Chance Appoints 30 Senior Counsel And Counsel Across European Offices

By Amit Chowdhry ● Yesterday at 10:46 PM

Clifford Chance has announced 30 Senior Counsel and Counsel appointments across its European offices, effective May 1, 2026. The promotions span practice areas including M&A, Antitrust, Private Capital, Technology, Tax, and Litigation, and cover offices in Paris, Amsterdam, Frankfurt, Luxembourg, Brussels, Madrid, Düsseldorf, Rome, Warsaw, and Milan.

Ropes & Gray Adds Real Estate Structured Finance Counsel Ian Sterling in New York

By Amit Chowdhry ● Yesterday at 10:45 PM

Ropes & Gray has hired Ian Sterling as counsel in its real estate practice in New York, bringing nearly thirty years of experience across real estate structured finance and securitization. Sterling joins from an AmLaw 100 firm where he served as special counsel in the structured finance and securitization group.

Dentons Adds 8 Partners and Opens Charleston, South Carolina Office

By Amit Chowdhry ● Yesterday at 10:44 PM

Dentons US has added eight new partners and established a new office in Charleston, South Carolina, expanding its capabilities across employment and labor, corporate transactions, and real estate. The eight-partner group, many of whom have practiced together for decades, anchors the firm's entry into one of the nation's fastest-growing business markets.