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Alphyn Biologics, a clinical-stage dermatology company focused on developing first-in-class multi-target therapeutics for severe and common skin diseases, has closed a $25 million Series B financing round, twice oversubscribed. QCA Investment Group led the Series B round. It included participation from existing investors Angel Physicians Fund and Serial Stage Venture Partners, as well as a corporate fund, along with several new investors. The strong demand for the round reflects growing investor confidence in Alphyn’s proprietary Multi-Target Therapeutic Drug Platform and the potential of its lead candidate, Zabalafin Hydrogel, to address multiple underlying drivers of inflammatory and infectious skin diseases.

KVP International has acquired SafePath Laboratories and IVD Research, collectively known as SafePath-IVD, strengthening its position in veterinary diagnostics while expanding capabilities across human health markets. Financial terms of the transaction were not disclosed.

Gloat is the Work Orchestration Platform that closes the gap between AI investment and ROI by orchestrating AI agents, technology, and human expertise together. Pulse 2.0 interviewed Gloat co-founder and CEO Ben Reuveni to gain a deeper understanding of the company.

Brkthru is a digital marketing agency that helps brands reach targeted audiences through data-driven advertising campaigns across channels like social, search, display, and streaming media. Pulse 2.0 interviewed Brkthru co-founder Jeff Hastedt to gain a deeper understanding of the company.

Lifesight is a privacy-first marketing measurement platform that utilizes causal AI, attribution, media mix modeling, and incrementality testing to help companies understand and optimize media spend across channels. Pulse 2.0 interviewed Lifesight co-founder and CEO Tobin Thomas to gain a deeper understanding of the company.

InduPro Therapeutics announced a strategic equity investment from Sanofi along with a new research collaboration designed to accelerate the development of InduPro’s bispecific PD-1 agonist program for autoimmune and inflammatory disorders.

Independent Financial Partners has brought on CenterBridge Planning Group, a five-advisor team overseeing more than $700 million in client assets, marking one of the firm’s most significant team additions to date.

Concurrent Investment Advisors added ten advisors across the fourth quarter as the Tampa-based hybrid RIA continued a year of rapid expansion, bringing its total wealth and retirement assets to more than $30 billion. The growth reflects the firm’s ongoing momentum with its independent platform model as it moves toward surpassing $15 billion in assets under management.

Mars, Incorporated has completed its acquisition of Kellanova, uniting two long-standing consumer goods companies and creating a broader global snacking powerhouse. The deal brings together Kellanova’s portfolio of billion-dollar snack brands, including Pringles, Cheez-It, Pop-Tarts, Rice Krispies Treats, RXBAR, and Kellogg’s international cereal brands, with Mars’ existing lineup of major confectionery and snack products such as Snickers, M&M’s, Twix, Dove, Skittles, Extra, Kind, and Nature’s Bakery.

Serval has secured $75 million in Series B funding led by Sequoia Capital, bringing the company’s valuation to $1 billion and marking a significant milestone in its evolution from an IT automation tool to a horizontal enterprise platform. The latest funding round also included participation from Redpoint, Meritech, First Round, General Catalyst, Evantic, Sound Ventures, Radical Ventures, and others. In total, Serval has raised $127 million since August.

On Me has secured a $6 million seed round to advance its personalized digital gifting platform, one of the largest consumer fintech seed financings completed in 2025. The round was led by NFX with participation from pre-seed investors Lerer Hippeau and focal.

Fervo Energy has secured a $462 million Series E round to accelerate the commercial buildout of its next-generation geothermal portfolio, marking one of the largest private financings in the geothermal sector. New investor B Capital led the oversubscribed round. And it included participation from a broad base of new and returning investors, reflecting rising market confidence in Fervo’s ability to deliver large-scale, around-the-clock carbon-free power.

BMW AG announced that Dr. Ing. Milan Nedeljković will become the company’s next Chairman of the Board of Management, assuming the role on May 14, 2026. The decision was approved by the Supervisory Board following the launch phase of the Neue Klasse program, marking a pivotal leadership transition at a time when the company is navigating large-scale technological and operational transformation.

Finance of America Companies Inc. announced a significantly expanded $2.5 billion strategic partnership with funds managed by Blue Owl Capital, marking one of the company’s most significant capital commitments to date and signaling a major investment in the growing U.S. retirement and home equity financing market.

No-IP Technologies has completed a strategic and majority investment in Vitalwerks Internet Solutions, the company behind No-IP. The transaction introduces a new leadership structure and positions the DNS and remote access provider for expanded innovation, product development, and partner growth initiatives. As part of the transition, founder Dan Durrer will move into the role of Founder and Chief Technology Officer. Suchit Rout, Founder and Managing Partner of Indus Growth Fund, will assume the role of Chief Executive Officer.

Kent Outdoors has secured a $90 million asset-based revolving credit facility from PNC Business Credit, a multi-year financing arrangement designed to expand the company’s domestic market presence and support ongoing seasonal working capital needs. The new facility provides additional liquidity to help Kent scale its operations and sustain its growth trajectory across a broad portfolio of outdoor and watersports brands.

New Vintage Partners is an investment firm that builds portfolios of LP stakes in venture capital and growth-equity funds and provides liquidity solutions for both limited partners and general partners. The firm focuses on LP-led secondaries and utilizes a “mosaic” approach to portfolio construction that uses secondary transactions as a proactive tool rather than a purely defensive one.  Pulse 2.0 interviewed New Vintage Partners co-founder Charles Jaskel to gain a deeper understanding of the company.

Integrity Growth Partners has closed its first committed capital fund at $220 million, surpassing its $200 million target and marking a significant milestone for the Los Angeles-based growth equity firm. The oversubscribed raise reflects strong demand from limited partners such as StepStone Group, Oxford Financial Group, and Olympus Ventures, signaling increasing investor confidence in the firm’s founder-focused model and transparent approach to backing growth-stage B2B software and technology-enabled companies.

APi Group Corporation announced that it has agreed to acquire CertaSite, a Midwest-based fire and life safety services provider built on an inspection-first operating model. The acquisition is scheduled to close in the first quarter of 2026 pending regulatory approvals and will be financed with cash on hand.

Capital Power Corporation announced a significant expansion of its growth strategy during its 2025 Investor Day event in Toronto, outlining ambitious 2030 targets while securing two strategic agreements that reinforce its position as a leading North American natural gas power producer.

Alamo Group has agreed to acquire Petersen Industries for $166.5 million, marking a significant expansion of its industrial equipment capabilities. The transaction, announced from the company’s headquarters in Seguin, Texas, will bring the Florida-based manufacturer of truck-mounted grapple loader equipment into Alamo Group’s Industrial Equipment Division once the deal closes in the first quarter of 2026, pending regulatory approvals and customary conditions.

Perimeter Solutions announced that it has reached a definitive agreement to acquire Medical Manufacturing Technologies for approximately $685 million in cash, inclusive of certain tax benefits. The acquisition will add a high-growth, high-margin medical manufacturing platform to Perimeter’s portfolio and expand its presence into minimally invasive medical device production technologies.

Natura Resources has moved to expand and accelerate its commercial small modular reactor strategy through the acquisition of Shepherd Power and a new collaboration with NOV Inc.

Ball Corporation has moved to expand its European manufacturing footprint through agreements to acquire a majority stake in Benepack’s beverage can production operations in Belgium and Hungary. The acquisition, valued at approximately €184 million for an 80 percent stake, represents a significant strategic investment intended to strengthen Ball’s position across Western and Eastern Europe. Benepack’s existing shareholders will retain the remaining 20 percent of the business.

Enova International has signed a definitive agreement to acquire Grasshopper Bancorp, including Grasshopper Bank, for approximately $369 million.

Blockstream Capital Partners announced plans to acquire Corbiere Capital Management, a Jersey-based equities hedge fund manager founded by Rodrigo Rodriguez, marking a significant expansion of its institutional investment platform. The deal strengthens BCP’s strategy of uniting traditional finance and Bitcoin-linked investment solutions, supported by its strategic partnership with digital asset custodian Komainu.

Tivic Health Systems has acquired the manufacturing and development assets of Scorpius Holdings, significantly expanding the company’s capabilities to advance its biologics pipeline, including its lead drug candidate, Entolimod. The transaction also enables the launch of Velocity Bioworks. This wholly owned Tivic subsidiary will operate as a Contract Development and Manufacturing Organization, providing cellular and biologic production services to Tivic and external biotechnology companies.

Runware has secured a $50 million Series A funding round, marking a significant milestone for the rapidly scaling AI infrastructure company and cementing its position as a contender in global, low-latency multimodal inference. The round was led by Dawn Capital, with participation from Speedinvest and Comcast Ventures, alongside existing investors Insight Partners, a16z speedrun, Begin Capital, Zero Prime Ventures, and several early backers.

Hiro Capital has unveiled a significant expansion of its leadership team and the launch of Hiro III, a new multistage European fund aimed at accelerating growth in Spatial AI, robotics, longevity, games, space, and defence. As part of the initiative, Nick Clegg has joined the firm as General Partner, marking one of the most high-profile leadership additions to a European venture fund this year.

1X, the AI and robotics company behind NEO, the first ready-to-ship humanoid robot, has entered into a strategic partnership with private equity giant EQT in a move that could accelerate the commercial adoption of general-purpose humanoid robots across global industries. EQT, which invested in 1X through EQT Ventures, aims to support 1X as it prepares for a significant deployment opportunity spanning the next several years.