Archives

Cino: €3.5 Million Raised To Transform Shared Payments With Virtual Cards To Split Bills

By Amit Chowdhry ● Mar 17, 2025

Cino—a real-time shared payment app that finally lets people pay together in a seamless, single transaction—announced it has raised €3.5 million in seed funding led by Balderton Capital. Connect Ventures and leading angels, including Barney Hussey-Yeo (founder of Cleo), also participated. This funding will support Cino’s launch in the UK, which already has a growing waitlist, and continued growth across Europe.

Crosscut Ventures: Interview With Co-Founder & Managing Director Brian Garrett About The Early-Stage Investment Firm

By Amit Chowdhry ● Mar 16, 2025

Crosscut Ventures is a seed-stage venture capital firm in Los Angeles that invests in startups that have the potential to scale, disrupt, and build large markets. Pulse 2.0 interviewed Crosscut Ventures co-founder and managing director Brian Garrett to learn more about the firm.

Summit Financial Onboards $830 Million Firm Gateway Advisory

By Amit Chowdhry ● Mar 16, 2025

Summit Financial - a preeminent investment advisory firm with 40+ years of experience providing market-leading multi-family office services that enable financial advisors to accelerate growth- announced that Gateway Advisory is the latest firm to join its expanding network. This marks Summit’s 21st strategic investment since the start of 2024, enhancing its status as a premier partner for forward-thinking advisory firms seeking accelerated growth and enhanced capabilities.

Gemspring Capital Buying Loss Prevention Company Appriss Retail

By Amit Chowdhry ● Mar 16, 2025

Gemspring Capital Management (a middle-market private equity firm) announced that an affiliate has acquired Appriss Retail, a leading provider of AI-based analytics and loss prevention software for retailers. The financial terms of the transaction were not disclosed.

Lumafield: $75 Million (Series C) Raised For X-Ray CT Technology

By Amit Chowdhry ● Mar 16, 2025

Lumafield, a developer of industrial X-ray CT technology, announced it has closed a $75 million Series C funding round. This funding cements the company’s position as a leader in advanced manufacturing as the U.S. renews its focus on manufacturing supremacy and companies around the world reconfigure their supply chains in response to strategic threats. IVP led the round, which includes new investors G2 Venture Partners and Wellington Management along with existing investors Spark Capital, DCVC, Kleiner Perkins, Lux Capital, and Matter Venture Partners.

Accropeutics: $12 Million (Series B+) Closed For Developing Therapeutics For Immune Mediated Diseases

By Amit Chowdhry ● Mar 16, 2025

Accropeutics, a clinical-stage biotechnology company pioneering the development of novel therapeutics that target molecular mechanisms of regulated cell death for immune-mediated diseases, announced the closing of its $12 million Series B Plus financing. This funding round was led by Shenzhen Capital Group (SCGC), an existing investor, with participation from Morningside Ventures, also an existing investor, and new investors Leader Venture Investment (SZTI) and Hefei Sci-Tec Venture Capital (HFST).

Accenture Investing In OPAQUE For Advancing Confidential AI And Data Solutions

By Amit Chowdhry ● Mar 16, 2025

Accenture announced it has made a strategic investment in OPAQUE, a provider of a confidential AI platform that empowers organizations to run cloud-scale, general-purpose AI-based workloads using encrypted data and governed data sharing, with a focus on privacy, sovereignty, and compliance. This funding, made through Accenture Ventures, underscores Accenture’s commitment to accelerating AI adoption by helping enterprises unlock the full value of sensitive data.

UiPath Buying Peak For Launching Vertically Specialized Agents

By Amit Chowdhry ● Mar 16, 2025

UiPath announced the acquisition of Peak, an AI-native company based in Manchester, United Kingdom. Peak's AI platform optimizes product inventory and pricing for businesses of all sizes and across a wide range of industries, offering customers with tangible outcomes quickly and without the need for large, in-house tech teams.

MicroTransponder: $65 Million (Series F) Raised For Enhancing Vivistim Adoption For Chronic Stroke Recovery

By Amit Chowdhry ● Mar 16, 2025

MicroTransponder - which is one of the fastest-growing stroke companies - announced it is transforming the stroke continuum of care with its FDA-approved Vivistim Paired VNS System. The company also announced it has raised $75 million led by US Venture Partners (USVP) and the syndicate of current investors, Osage University Partners, Action Potential Venture Capital, GPG Ventures, The Vertical Group and Exceller Hunt Ventures, as well as two new investors, Gilde Healthcare and Longitude Capital.

GS Power Partners: $22 Million Financing Secured With Amalgamated Bank

By Amit Chowdhry ● Mar 16, 2025

GS Power Partners (GSPP), a leading Independent Power Producer in the distributed generation (DG) solar sector, announced it has secured a $22 million term financing commitment from Amalgamated Bank. This funding package encompasses five GSPP community solar projects in New York, totaling 25.5 megawatts (MWdc).

Motivity: $27 Million Raised For Applied Behavior Analysis Solutions

By Amit Chowdhry ● Mar 16, 2025

Motivity, a provider of clinical SaaS solutions for Applied Behavior Analysis (ABA) providers who treat children with autism, announced a $27 million investment from Five Elms Capital. This funding enables Motivity to accelerate product innovation, expand its team, and strengthen support for ABA providers worldwide.

Paul Hastings: John F. Murphy III Joins As Partner In Structured Credit Practice

By Amit Chowdhry ● Mar 16, 2025

Paul Hastings announced that structured credit lawyer John F. Murphy III has joined the firm as a partner in New York.

Qualcomm To Buy EdgeImpulse For Supporting IoT Capabilities

By Amit Chowdhry ● Mar 16, 2025

At the Embedded World Germany event, Qualcomm announced the entry into an agreement to buy EdgeImpulse, which will enhance its offering for developers and expand its leadership in AI-based capabilities to power AI-enabled products and services across IoT. The closing of this deal is subject to customary closing conditions.

JAB: New Strategy And Team Structure Implemented

By Amit Chowdhry ● Mar 16, 2025

JAB announced it has strengthened and reorganized its team to support its strategic transformation, building on the firm’s success in pet insurance with the addition of a global life insurance platform. And with its commitment to consumer goods and services, this new strategy will further diversify JAB’s portfolio and position the investment firm for sustainable long-term growth.

Porter: Growth Investment Raised From Eir Partners

By Amit Chowdhry ● Mar 16, 2025

Eir Partners, a middle-market private equity firm focused on healthcare technology and tech-enabled services, announced a growth investment in Porter, the only platform dedicated to connecting plan members with the resources, services, products, and education they need to live their best lives at home.

bd-capital: €430 Million Raised For Second Fund

By Amit Chowdhry ● Mar 15, 2025

bd-capital, a pan-European and operator-led investment firm, announced the final closing of its second fund, bd-capital Fund 2, at €430 million. After less than a year in the market, this fund closed more than 20% over its target of €350 million. With the closing of Fund 2, bd-capital’s assets under management have increased to over €800 million.

Perfuze: €22 Million Raised And Clearance Received For Zipline Access Catheters

By Amit Chowdhry ● Mar 15, 2025

Perfuze, a leading medical device company dedicated to advancing stroke treatment, has received FDA 510(k) clearance for its Zipline Access Catheters. This milestone strengthens Perfuze’s growing portfolio of innovative neurovascular devices, enabling physicians to treat acute ischemic strokes rapidly, easily, and precisely. Plus, Perfuze has secured €22 million in follow-on funding in a round led by existing investors, including Earlybird, EQT Life Sciences, Seroba, and SV Health.

Phoenix: $50 Million Raised For Digital Health Clinic For Men

By Amit Chowdhry ● Mar 15, 2025

Phoenix, which is Canada’s leading digital health clinic for men, announced it has signed a CAD 50 million Series A financing round. This funding round was led by Valspring Capital, with renewed investment from Y Combinator, and support from CIBC Innovation Banking.

Infleqtion: $6.2 Million ARPA-E Award Received For Advancing Quantum-Powered Energy Grid Optimization

By Amit Chowdhry ● Mar 15, 2025

Infleqtion, a leader in quantum information technologies, announced it has been awarded $6.2 million in funding from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) to develop quantum-enhanced solutions for energy grid optimization. This deal marks the first-ever quantum technology award granted by ARPA-E and represents the most extensive grant awarded under the agency’s OPEN program this year.

Human Computer: $5.7 Million (Seed) Raised For Creating Story-Driven Games

By Amit Chowdhry ● Mar 15, 2025

Human Computer, an independent game studio and a collaborative creative powerhouse, announced it has raised $5.7 million in a seed round led by Makers Fund. a16z and former Airbnb COO Belinda Johnson have also invested in the company, bringing the total funding to date to $7.7 million.

Terabase: $130 Million (Series C) Raised For Utility-Scale Solar Power Solutions

By Amit Chowdhry ● Mar 15, 2025

Terabase Energy, a leader in digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing round. The funding round—led by SoftBank Vision Fund 2 and with participation from both existing and new strategic investors—brings the company's total funding to over $200 million.

W3i Software: $1.5 Million Raised From Hoskinson Family Office

By Amit Chowdhry ● Mar 15, 2025

Hoskinson Family Office (HFO) announced it has invested $1.5 million in W3i Software, Inc., the development company behind USDM—Cardano’s first MiCA-compliant, fiat-backed stablecoin. This investment is a major step toward bridging decentralized finance (DeFi) with the regulated financial system and accelerating Cardano’s global adoption.

Catalyze: $400 Million Financing Raised From ATLAS SP Partners

By Amit Chowdhry ● Mar 15, 2025

Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, announced it has secured a $400 million multiyear debt facility from ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds.

Insilico Medicine: $110 Million (Series E) Raised For Advancing AI-Based Drug Discovery

By Amit Chowdhry ● Mar 15, 2025

Insilico Medicine, a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, announced that it has successfully secured a $110 million Series E financing led by a private equity fund of Value Partners Group with strong participation from industry- and technology-focused new investors, and continued support from global existing backers.

Toyota Tsusho America To Buy Radius Recycling In $1.34 Billion Deal

By Amit Chowdhry ● Mar 15, 2025

Radius Recycling announced it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Toyota Tsusho. Toyota Tsusho America will buy all the shares of Radius for $30 per share in cash, representing an approximate 115% premium to Radius’ closing share price on March 12, 2025. This means the deal has a total enterprise value of about $1.34 billion.

Crown Castle Selling Fiber Business For Combined $8.5 Billion

By Amit Chowdhry ● Mar 15, 2025

B. Riley: Investment Bank Spins Off

By Amit Chowdhry ● Mar 15, 2025

B. Riley Financial announced this week that it is splitting off its investment banking unit while also retaining the majority of the shares in the new company. As part of this deal, B. Riley merged with shell entity Cascadia Investments. And certain investors in Cascadia will become minority stockholders of the investment bank, which is called B. Riley Securities (BRS).

Edward Jones: Generations Launched For High-Net-Worth Clients

By Amit Chowdhry ● Mar 15, 2025

Edward Jones is launching Edward Jones Generations, the firm's first private client services offering for U.S. high-net-worth clients. Built to meet the specific needs of these clients, Edward Jones Generations provides expanded advice, planning, products, and services for clients who value personalized support and trusted relationships. Edward Jones Generations will be available to select clients in the second quarter of 2025 and expand more broadly next year.

Nimblemind.ai: $2.5 Million Raised For AI-Based Data Infrastructure Platform

By Amit Chowdhry ● Mar 14, 2025

Nimblemind.ai, an AI-based data infrastructure platform designed to help healthcare providers structure and leverage their clinical data, announced it has secured $2.5 million in funding to accelerate its mission. The round was led by Bread & Butter Ventures. It included participation from Great Oaks Venture Capital, SpringTime Ventures, Stone Mountain Ventures, Victorum Capital, Techstars, and strategic HC angel investors committed to transforming healthcare through AI-driven data infrastructure.

DLA Piper: Chris Jessup Named As Partner In Litigation And Regulatory Practice

By Amit Chowdhry ● Mar 14, 2025

DLA Piper announced the appointment of Chris Jessup as a partner in the firm’s litigation and regulatory practice, which specialises in financial services regulation.