Archives

Basic Capital: $25 Million Series A Raised For Helping Workers Achieve Retirement Goals

By Amit Chowdhry ● Aug 19, 2025

Basic Capital, a 401(k) platform that helps workers achieve retirement goals, has closed a $25 million Series A funding round led by Forerunner and Lux Capital. Existing investors SV Angel, Box Group, and financial leader Henry Kravis participated, along with new investors HOF Capital and Inspired Capital.

SpinLaunch: $30 Million Closed To Advance Development Of Meridian Space Constellation

By Amit Chowdhry ● Aug 19, 2025

SpinLaunch has secured $30 million in funding to advance its Meridian Space low Earth orbit (LEO) satellite broadband constellation. This investment includes contributions from existing investors, led by ATW Partners, as well as Kongsberg Defence & Aerospace.

Space Kinetic: Investment Raised From CerraCap Ventures

By Amit Chowdhry ● Aug 19, 2025

CerraCap Ventures, a prominent early-stage venture capital firm, has invested in Space Kinetic Corp., a U.S. national security innovator based in Albuquerque, New Mexico. This investment supports CerraCap's goal of enhancing solutions in space defense and strengthening America's strategic edge in a competitive global landscape.

Databricks: Series K Funding Round At Over $100 Billion Valuation Launched

By Amit Chowdhry ● Aug 19, 2025

Databricks, a prominent player in the fields of Data and AI, has recently announced a significant development: the signing of a term sheet for its Series K funding round. This round, which is anticipated to close shortly, has garnered enthusiastic backing from existing investors and is poised to elevate the company's valuation to $100 billion or more.

IMMEC: Investment Raised From CORE Industrial Partners

By Amit Chowdhry ● Aug 19, 2025

CORE Industrial Partners, a private equity firm specializing in manufacturing and industrial services, has made investments in IMMEC LLC and IMMEC Machine & Welding. Based in Social Circle, Georgia, and founded in 2002, IMMEC offers facility maintenance, retrofit, and renovation services to various industries, including transportation and food and beverage.

Alvarez & Marsal: Arpito Mukerji Named As Managing Director

By Amit Chowdhry ● Aug 19, 2025

Alvarez & Marsal (A&M) India has appointed Arpito Mukerji as Managing Director in its Financial Advisory and Special Situations practice, where he will focus on developing the Debt Financing vertical in India.

Thompson Street Capital Partners: DDC Solutions Sold To Daikin

By Amit Chowdhry ● Aug 19, 2025

Thompson Street Capital Partners (TSCP), a private equity firm in St. Louis, MO, has sold DDC Solutions, a provider of high-density GPU cooling solutions and software, to Daikin Applied, a subsidiary of Daikin Industries. The deal terms were not disclosed.

Edcetera Acquiring Pulse Radiology Institute

By Amit Chowdhry ● Aug 19, 2025

Edcetera, backed by Eden Capital, has acquired Pulse Radiology Institute (PRI), an online school offering an Associate of Science degree in Magnetic Resonance Imaging (MRI).

Rockwood Equity Buying Component Maker ZERO Manufacturing

By Amit Chowdhry ● Aug 19, 2025

Rockwood Equity Partners has made a strategic move by acquiring ZERO Manufacturing, a distinguished innovator in the design and production of protective cases, enclosures, components, and sub-assemblies crafted from aluminum and molded plastic. Founded in 1952, ZERO has established itself as a key player across multiple industries, serving sectors including military and aerospace, medical, industrial, energy, logistics, electronics, and data communications.

Axcel: AGRD Partners Launched For Delivering Legal Services

By Amit Chowdhry ● Aug 19, 2025

AGRD Partners is a pioneering legal services consortium comprised of six esteemed business law firms from Sweden. This innovative group, backed by the investment firm Axcel, is poised to transform the legal landscape by emphasizing innovation, cutting-edge technology, and strategic collaboration to deliver unparalleled value to clients. AGRD Partners has ambitious growth plans, aiming to expand both within Sweden and internationally.

Ideagen Buying Reactec To Expand Safety Solutions

By Amit Chowdhry ● Aug 19, 2025

Ideagen, a leader in compliance and risk management software, has strengthened its health and safety solutions by acquiring Reactec, a provider of innovative wearable technology and data analytics.

Comply365 Acquiring Safety Risk Management Company Beams

By Amit Chowdhry ● Aug 19, 2025

Comply365, a global leader in operational content, safety, and training management for the aviation, rail, defense, and space industries, has acquired Beams Technology, a provider of AI solutions for safety risk management in aviation. Beams has developed a Safety AI solution that automates safety data processing and enables proactive risk management.

Cohere: $500 Million Raised At $6.8 Billion Valuation To Build LLMs For Enterprise Apps

By Amit Chowdhry ● Aug 19, 2025

Cohere, a leading artificial intelligence (AI) platform specializing in large language models for enterprise applications, has announced a $500 million Series D funding round, which brings its valuation to $6.8 billion. Co-led by Radical Ventures and Inovia Capital, this funding reflects growing investor confidence in Cohere's innovative approach to natural language processing.

Arintra: $21 Million Series A Raised For Expanding Beyond Autonomous Medical Coding

By Amit Chowdhry ● Aug 19, 2025

Arintra, a leading GenAI-native autonomous medical coding platform for healthcare providers, has secured $21 million in Series A funding led by Peak XV Partners, with participation from Endeavor Health Ventures, Y Combinator, Counterpart Ventures, Spider Capital, Ten13, and other strategics.

Refold AI: $6.5 MIllion Seed Funding Secured For Automating Complex Processes

By Amit Chowdhry ● Aug 19, 2025

Refold AI, a company focused on streamlining enterprise integrations, has emerged from stealth mode with $6.5 million in seed funding. This investment will help expand its engineering team and enhance its product offerings.

Facility Grid: Growth Investment Raised From Nexa Equity

By Amit Chowdhry ● Aug 19, 2025

Facility Grid, a leading provider of cloud-based commissioning (Cx) and operational readiness (OR) software for the construction industry, has received a strategic investment from Nexa Equity, a private equity firm focused on scaling B2B software businesses.

1834 Ventures: $20 Million Fund Raised For Tulane University-Associated Startups

By Amit Chowdhry ● Aug 19, 2025

1834 Ventures, an early-stage venture capital firm, has launched its first $20 million fund to invest in startups founded by Tulane University alumni, faculty, and the broader community involved with Tulane's initiatives.

Douglass Winthrop: Keith Ardizzone Joins Firm As Senior Managing Director

By Amit Chowdhry ● Aug 19, 2025

Douglass Winthrop Advisors, an SEC-registered investment advisor managing $6.3 billion in assets for individuals, families, trusts, and endowments, announced that Keith Ardizzone has joined the firm as senior managing director on its wealth management team. Ardizzone is based in New York.

SlateStone Wealth: Erin Gibbs Named As Chief Equity Strategist

By Amit Chowdhry ● Aug 19, 2025

SlateStone Wealth, a boutique investment advisory firm in Jupiter, FL, has appointed Erin Gibbs as Chief Equity Strategist. With over 25 years of experience in quantitative equity research and portfolio strategy, Gibbs will lead the development of SlateStone’s quantitative equity platform, starting with a new small- and mid-cap (SMID) strategy.

Sanctuary: $1.2 Billion Team Dial Square Private Wealth Onboarded

By Amit Chowdhry ● Aug 19, 2025

Sanctuary Wealth has announced the addition of Dial Square Private Wealth to its network of partner firms. Based in Orange County, California, Dial Square manages $1.2 billion in client assets and was co-founded by Jim Chiate and Tony Guinane, who previously collaborated at Merrill Lynch and UBS.

OHSU Knight Cancer Institute: $2 Billion Commitment Received From Phil And Penny Knight

By Amit Chowdhry ● Aug 19, 2025

Phil and Penny Knight have announced a transformative $2 billion donation to the Oregon Health & Science University’s Knight Cancer Institute, aimed at revolutionizing cancer care globally.

University Of Waterloo Research Team Aiming To Dissolve Kidney Stones With Tiny Robots

By Amit Chowdhry ● Aug 19, 2025

An international research team led by the University of Waterloo is making significant strides in the development of an innovative technology designed to dissolve painful kidney stones within the urinary tract. This groundbreaking approach employs tiny robots that utilize ultra-thin, spaghetti-like strips embedded with magnets. These strips can be skillfully maneuvered near uric acid kidney stones by a robotic arm controlled by trained physicians.

Accenture To Buy CyberCX And The Highlands Consulting Group

By Amit Chowdhry ● Aug 19, 2025

Accenture has announced that it has successfully reached an agreement to acquire two firms: CyberCX, a leading cybersecurity consultancy, and The Highlands Consulting Group, known for its expertise in strategic consulting. These acquisition aims to enhance Accenture's capabilities and broaden its service offerings in the rapidly evolving fields of cybersecurity and management consulting.

SoftBank To Invest $2 Billion In Intel

By Amit Chowdhry ● Aug 19, 2025

SoftBank Group has announced a partnership with Intel through a definitive securities purchase agreement. As part of this agreement, SoftBank will invest a substantial $2 billion in Intel common stock.

Axcap Ventures: Interview With Exec Blake McLaughlin About Gold Mining And Exploration

By Amit Chowdhry ● Aug 19, 2025

Axcap Ventures is an investment company with a primary objective of identifying promising growth investments, focusing on acquiring gold projects in North America.

Aramco: $11 Billion Deal Signed For Jafurah Gas Processing Facilities

By Amit Chowdhry ● Aug 18, 2025

Aramco, a leading integrated energy and chemicals company, has signed a $11 billion lease and leaseback agreement for its Jafurah gas processing facilities with a consortium of international investors led by Global Infrastructure Partners (GIP), a subsidiary of BlackRock.

Skyhawk Therapeutics Signs $2 Billion Deal With Merck

By Amit Chowdhry ● Aug 18, 2025

Skyhawk Therapeutics has partnered with Merck to discover novel RNA-targeting small molecules for neurological conditions with high unmet medical needs. Utilizing its SkySTAR platform, Skyhawk will identify small molecule candidates targeting specific RNA targets set by Merck KGaA, Darmstadt, Germany.

Hatteras Venture Partners: Over $200 Million Raised For Two Healthcare Funds

By Amit Chowdhry ● Aug 18, 2025

Hatteras Venture Partners has announced the final closings of Hatteras Venture Partners VII (HVP VII) and Hatteras Opportunity Fund I, LP (HOF I), securing over $200 million in capital commitments from limited partners. This milestone coincides with Hatteras’s investment in its 100th portfolio company and marks 25 years of developing transformational companies in the field of human medicine.

Advent To Buy U-blox For $1.3 Billion

By Amit Chowdhry ● Aug 18, 2025

u-blox Holding has announced a binding agreement with ZI Zenith, which will launch a public tender offer to acquire all publicly held registered shares of u-blox for CHF 135.00 per share in cash. This offer represents a 53% premium over the average share price for the last six months and a 32% premium over the average of the previous 60 trading days preceding the media reports about the deal.

Soho House: $2.7 Billion Deal To Go Private

By Amit Chowdhry ● Aug 18, 2025

Soho House, an exclusive high-end members' club operator, is poised to transition to private ownership through a significant $2.7 billion deal spearheaded by MCR Hotels, a hotel investment firm based in New York. This decision is a response to a tumultuous market environment and persistent financial challenges.