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Manex AI: €8 Million Seed Round Closed For Enabling Autonomous Factories

By Amit Chowdhry ● Jun 11, 2025

Manex AI (formerly Datagon AI), an AI-based software platform for industrial quality management and process steering, announced a €8M seed round to build the control layer for autonomous manufacturing. The funding round was led by Lightspeed Venture Partners and BlueYard Capital, with participation from Capmont Technology and the CDTM Venture Fund.

Brookfield Advancing AI Infrastructure In Sweden With SEK 95 Billion Investment

By Amit Chowdhry ● Jun 11, 2025

Brookfield Asset Management announced up to SEK 95 billion ($10 billion) of investment to support the development of artificial intelligence (“AI”) infrastructure in Sweden. This investment represents one of Brookfield’s most significant AI investments in Europe, extending the partnership with the Swedish government, its public authorities, academia, and businesses in the region.

Simetrik: $30 Million Raised For Scaling AI Reconciliation Platform

By Amit Chowdhry ● Jun 11, 2025

Simetrik, a leading AI reconciliation platform that enables enterprises to automate complex reconciliation processes, standardize financial data, and ensure compliance across millions of transactions, announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives. Other Series B participants include Cometa, FinTech Collective, Moore Capital Management, Monashees, and Upload Ventures.

Iron Nation: $20 Million Fundraising Goal Achieved

By Amit Chowdhry ● Jun 11, 2025

Iron Nation, an impact fund dedicated to the continuity and growth of Israeli startups, announced that it has exceeded its target to raise a $20 million fund. This milestone enables Iron Nation to invest in over twenty high-potential Israeli startups, directly contributing to the resilience of Israel's tech ecosystem and ensuring that startups can grow during and after the crisis.

Weil: Tom Ara Named Joins As Partner In U.S. Private Equity Group

By Amit Chowdhry ● Jun 11, 2025

International law firm Weil, Gotshal & Manges announced that prominent entertainment, sports, and media (ESM) dealmaker Tom Ara has joined the firm as a partner in the U.S. Private Equity Group, leading the firm’s ESM practice based in the Los Angeles office.

Sema4.ai: $25 Million Series A Extension Raised For Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Sema4.ai, an enterprise AI agent company, announced the general availability of its Sema4.ai Team Edition on Snowflake Marketplace. The company also revealed a $25 million Series A extension round, bringing its total Series A funding to $55.5 million. The funding round includes participation from Snowflake Ventures, Rocketship VC, MVP Ventures, and COX Enterprises, along with returning investors Mayfield and Benchmark.

Igneo Infrastructure Partners Buying Infinity Aviation

By Amit Chowdhry ● Jun 11, 2025

Igneo Infrastructure Partners (a global infrastructure investment manager with $20.5 billion in assets under management) announced it has acquired Infinity Aviation Group, a fixed-based operator (FBO) platform based in Nashua, New Hampshire. As part of the deal, Igneo has acquired a portfolio of on-airport assets at Boire Field in Nashua (KASH), a public-use general aviation airport located 50 miles from downtown Boston. The assets include hangarage, line services, and fueling operations at the airfield. The transaction terms were not disclosed.

Amperos Health: $4.2 Million Seed Funding Raised For AI Biller Platform

By Amit Chowdhry ● Jun 11, 2025

Amperos Health announced the launch of Amanda, the world's first AI biller specifically created for healthcare providers, designed to reduce denials and recover outstanding claims for revenue cycle management (RCM) teams. And Amperos has secured a $4.2 million seed funding round from top venture capital firms Uncork Capital, Neo, and Nebular, alongside strategic angel investors from OpenAI, Twilio, and Stripe, bringing its total funding to $5 million to date.

Merlin Ventures: $75 Million Inaugural Fund Closed

By Amit Chowdhry ● Jun 11, 2025

Merlin Ventures announced the closing of its oversubscribed inaugural fund, exceeding its $75 million target. And with a strong emphasis on the growing Israeli tech ecosystem, this landmark fund advances market opportunities for high-growth startups with next-generation cybersecurity technologies and disruptive cyber solutions.

Reserv: $25 Million Series B Raised For TPA Technology

By Amit Chowdhry ● Jun 11, 2025

Reserv, a tech-enabled third-party administrator (TPA), announced the completion of its $25 million Series B funding round. This oversubscribed round, led by Flourish Ventures with full pro-rata participation, also included Accenture Ventures, bringing Reserv's total funding to $55 million.

Manhattan West: Kevin Cohen Joins As Managing Director

By Amit Chowdhry ● Jun 11, 2025

Manhattan West, a modern investment firm providing a fully integrated platform of wealth management services and proprietary alternative investments, announced the appointment of Kevin Cohen as Managing Director of the firm's Late-Stage Venture Capital group. As a seasoned veteran in the secondary venture market, Cohen brings nearly two decades of experience in sourcing and executing strategic investments in high-growth private companies.

Obvio: $22 Million Secured For AI-Based Traffic Safety

By Amit Chowdhry ● Jun 11, 2025

Obvio, a company that improves traffic safety with an AI-based traffic camera solution, announced $22 million in Series A funding led by Bain Capital Ventures. Additional investors include Khosla Ventures and Pathlight Ventures.

Reddy Family And Bain Capital Form Trillium Foods

By Amit Chowdhry ● Jun 11, 2025

Trillium Foods, a liquid food and beverage company specializing in manufacturing and innovation, has announced its official launch. The family-owned, privately held company is a scale North American platform with diverse product capabilities across dressings, sauces, mayonnaises, syrups, and beverage mixes for application in foodservice, retail, and food processing channels.

Allay Therapeutics: $57.5 Million Funding Raised For Advancing ATX101

By Amit Chowdhry ● Jun 11, 2025

Allay Therapeutics, a clinical-stage biotechnology company pioneering ultra-sustained analgesic products to transform post-surgical pain management and recovery, announced the completion of a $57.5 million Series D financing round with leading global investors. Lightstone Ventures and ClavystBio co-led the Series D financing with participation by existing investors NEA, Arboretum Ventures, Vertex Growth, Vertex Ventures Healthcare, and Brandon Capital. The new investors joining the round were IPD Capital, EDBI, and SGInnovate, and HSBC Innovation Banking also provided additional venture debt financing to the company.