Archives

Camber Partners: Fund II Closed At $210 Million

By Amit Chowdhry ● Feb 26, 2025

Camber Partners announced the closing of Fund II with total capital commitments of $210 million, surpassing the fund's original target of $150 million and the hard cap of $200 million.

Leonardo DRS: $45 Million U.S. Navy Investment Commitment Received

By Amit Chowdhry ● Feb 26, 2025

Leonardo DRS announced that it has received a $45 million U.S. Navy Submarine Industrial Base (SIB) investment commitment through contracts with HII’s Newport News Shipbuilding. This investment is expected to expand the capabilities of DRS’s new 140,000-square-foot naval propulsion manufacturing facility, which is currently under construction in Goose Creek, SC. It includes capital equipment and other infrastructure enhancements.

Wallbox: EV Charging Company Raises $10 Million Investment

By Amit Chowdhry ● Feb 26, 2025

Wallbox, a leader in electric vehicle (EV) charging and energy management solutions, announced an investment of approximately $10 million. Investors include Inversiones Financieras Perseo, S.L. (Iberdrola’s subsidiary), Orilla Asset Management, and Enric Asunción (CEO and Co-Founder).

Heitman: Majority Stake Acquired In Swedish Self-Storage Operator Servistore

By Amit Chowdhry ● Feb 26, 2025

Global real estate investment management firm announced the acquisition of a majority stake in the third largest self-storage operator in Sweden called Servistore. This business has 31 sites (25 operational and 6 due to open) across 14 cities. It encompasses over 4,000 units, spanning a total of 330,000 square feet of storage space.

Proprio: Interview With Co-Founder & Chief Medical Officer Dr. Samuel Browd About The Surgical Navigation Company

By Amit Chowdhry ● Feb 26, 2025

Proprio is a company modernizing the way we predict, perform, and perfect surgery. Pulse 2.0 interviewed Proprio co-founder and Chief Medical Officer Dr. Samuel Browd to learn more about the company.

Brighton Park Capital: Jeff Surges Named As Partner

By Amit Chowdhry ● Feb 26, 2025

Brighton Park Capital (BPC), an investment firm focused on entrepreneur-led growth-stage companies in software and healthcare, announced that Jeff Surges has joined the firm as a partner.

Vestar: $795 Million Sale Of Simple Mills Completed

By Amit Chowdhry ● Feb 26, 2025

Vestar Capital Partners, a leading U.S. middle-market private equity firm, announced today that it has completed the sale of Simple Mills, a premium brand of better-for-you crackers, cookies, snack bars, and baking mixes, to Flowers Foods for a total enterprise value of $795 million. Vestar provided the first institutional investment in the brand in October 2019 and was Simple Mills’ largest shareholder.

Redding Ridge Buying Irradiant Partners, Increasing AUM To $38 Billion

By Amit Chowdhry ● Feb 26, 2025

Redding Ridge Asset Management (RRAM), an independently managed affiliate of Apollo, announced it has agreed to acquire Irradiant Partners, an alternative investment manager specializing in liquid credit, private credit and renewables.

Hyperlume: $12.5 Million (Seed) Secured For Transforming AI Data Center Connectivity

By Amit Chowdhry ● Feb 26, 2025

Hyperlume announced it has completed a $12.5 million seed round to commercialize its high bandwidth, low latency, low power interconnects for AI data centers and high-performance computing systems. This oversubscribed round, led by BDC's Deep Tech Venture Fund and ArcTern Ventures with participation from MUUS Climate Partners, SOSV and Intel Capital also includes a strategic investment from LG Technology Ventures.

Guidde: $15 Million (Series A) Raised For Building Autonomous AI Video Platform For Digital Adoption

By Amit Chowdhry ● Feb 26, 2025

Guidde, a pioneer in AI-based video documentation, announced a $15 million expansion of its Series A funding round, bringing total funding to $30 million. The funding round was led by Qualcomm Ventures, with participation from existing investors, including Norwest Venture Partners, Entrée Capital, Honeystone Ventures, Tiferes Ventures, and Inkberry Ventures.

Freshfields Launches In Boston As Part Of Expansion Strategy

By Amit Chowdhry ● Feb 26, 2025

Leading global law firm Freshfields announced that it is opening an office in Boston as it enters the next phase of its U.S. expansion. And Boston-based Private Capital M&A partner Matthew Goulding has joined the firm as managing partner of our new office and will lead the Boston build out.

Lambda: $480 Million (Series D) Raised For Expanding AI Cloud Platform

By Amit Chowdhry ● Feb 26, 2025

AI Developer Cloud Lambda announced it has raised $480 million in Series D, bringing the total equity capital raised to date to $863 million. The funding round was co-led by Andra Capital and SGW, with participation from new investors Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, and others. Strategic investment came from Pegatron, Supermicro, Wistron, and Wiwynn, and many existing investors, including 1517, Crescent Cove, and USIT.

Baseten: $75 Million (Series C) Raised To Advance Inference Platform For AI-Native Products

By Amit Chowdhry ● Feb 26, 2025

Baseten, a leading inference platform for AI-native products, announced the closing of a $75 million Series C round of funding co-led by IVP and Spark with additional participation from Greylock, Conviction, South Park Commons, 01 Advisors, and Lachy Groom.

VitalConnect: Ambulatory Cardiac Monitoring Company Raises $100 Million

By Amit Chowdhry ● Feb 26, 2025

VitalConnect, a biosensor technology leader specializing in ambulatory cardiac monitoring, announced the closing of $100 million in financing through a combination of equity and debt capital. The equity funding was led by new investor Ally Bridge Group, with significant participation from the Company’s existing investors, including EW Healthcare Partners, MVM and Revelation Partners while Trinity Capital provided the debt financing.

EnPlusOne Biosciences: About $10 Million Raised For Delivering Better RNA At Scale

By Amit Chowdhry ● Feb 26, 2025

EnPlusOne Biosciences, a biotechnology company utilizing the power of enzymes to deliver better RNA at scale, announced that it had raised additional funding to scale and drive continued technical advancements of its ezRNA synthesis platform.

Aspen Power: Multiple Financings Raised To Advance Distributed Generation Growth

By Amit Chowdhry ● Feb 26, 2025

Aspen Power, a leading distributed generation platform dedicated to building the clean energy future, announced multiple new financings to support its expansion across the U.S. And the company announced the closing of an additional investment from Carlyle, building on the firm’s initial commitment in 2022, while also securing a new $142 million construction-to-term credit facility with MUFG to fund its 2025 project pipeline.

Ochy: AI-Based Running Gait Platform Raises $1.7 Million (Pre-Seed)

By Amit Chowdhry ● Feb 26, 2025

Ochy, a transformative AI-based running gait platform that is redefining how athletes enhance performance and prevent injuries, announced a $1.7 million pre-seed fundraising round. The funding round was led by Redstone’s Social Impact Fund, with participation from Look AI Ventures, BPI France, Berkeley SkyDeck, and strategic corporate investors, including Agile Physical Therapy.

Dentons: Alex Moezi Named As Partner In London-Based Structured Finance Team

By Amit Chowdhry ● Feb 26, 2025

Dentons announced it had welcomed experienced securitization and structured finance lawyer Alex Moezi to its Debt Capital Markets, Structured Finance, and Derivatives team in London. And Moezi joins Dentons from A&O Shearman and has a background in securitization and structured finance that covers a variety of consumer assets and trade receivables, acting for major international investment banks, private equity firms, specialist lenders, and corporates, focusing on the consumer and SME sectors.

Musubi: $5 Million (Seed) Raised To Transform Trust & Safety AI

By Amit Chowdhry ● Feb 26, 2025

Musubi, an AI platform transforming Trust & Safety through adaptive AI content moderation, announced it has raised $5 million in an oversubscribed seed round. This funding was led by J2 Ventures with participation from Shakti Ventures, Mozilla Ventures, and existing pre-seed investor J Ventures. Launched by the former CTO of Grindr and OkCupid, Musubi is set to revolutionize the Trust & Safety landscape with its unique approach.

J.P. Morgan: Direct Lending Commitment Increased To $50 Billion

By Amit Chowdhry ● Feb 25, 2025

J.P. Morgan announced a significant expansion to its private credit commitment at its 30th annual Global Leveraged Finance Conference. The firm is allocating $50 billion from its balance sheet and nearly $15 billion from multiple co-lenders. This strategic move was designed to extend the firm’s direct lending capabilities and provide tailored private credit solutions to meet clients' evolving needs.

Sawmills: $10 Million (Seed) Raised For Telemetry Data Management Platform

By Amit Chowdhry ● Feb 25, 2025

Sawmills, the first smart telemetry data management platform, emerged from stealth with $10 million in seed funding. This highly oversubscribed round was led by Team8, with participation from Mayfield and Alumni Ventures. Launched by enterprise software veterans who were previously executives at New Relic, CloudBees, and Tricentis.

Devolutions: Interview With CEO David Hervieux About The IT Management Company

By Amit Chowdhry ● Feb 25, 2025

Devolutions is a company that helps IT departments become more efficient by delivering professional, low cost, easy-to-use management tools backed by a world-class support team. Pulse 2.0 interviewed Devolutions CEO David Hervieux to learn more about the company.

Dentons: Aidan McCormack And Mark Deckman Joins Litigation Practice In NY

By Amit Chowdhry ● Feb 25, 2025

Dentons announced that Aidan M. McCormack and Mark L. Deckman have joined the Firm’s Commercial Litigation practice as partners in the New York office. And both are leading lawyers in the insurance industry with decades of experience representing insurance and financial services industry clients in a wide range of matters, including their complex exposures on the national and global level.

Blackstone Infrastructure To Buy Safe Harbor Marinas In $5.65 Billion Deal

By Amit Chowdhry ● Feb 25, 2025

Blackstone announced that funds managed by Blackstone Infrastructure have agreed to acquire Safe Harbor Marinas, the largest marina and superyacht servicing business in the United States, from Sun Communities for $5.65 billion. Safe Harbor runs 138 marinas across the U.S. and Puerto Rico and is the industry leader in boat storage and servicing.

RedKangaroo: Interview With Founder & CEO Balaji Krishnan About The E-Commerce Platform Company

By Amit Chowdhry ● Feb 25, 2025

RedKangaroo is the pioneering e-commerce platform offering exclusive discounts for products shared with friends and followers. Engage your network, unlock savings, and discover the power of shared deals. Revolutionize how you shop and promote with RedKangaroo. Pulse 2.0 interviewed RedKangaroo founder and CEO Balaji Krishnan to learn more about the company.

Corpay: Credit Facility Upsized By $750 Million

By Amit Chowdhry ● Feb 25, 2025

Corpay - a global S&P 500 corporate payments company - announced that it closed on an amendment to its Term Loan B credit facility that resulted in an increase of $750 million. The deal is leverage neutral, and the interest rate and maturity remain consistent with the existing credit facility.

Stablepharma: €2.5 Million Awarded For Advancing Pharmaceutical Technology

By Amit Chowdhry ● Feb 25, 2025

UK-based biotechnology firm Stablepharma announced it has been awarded €2.5 million through the European Innovation Council (EIC) Accelerator program. This grant recognizes the company’s fridge-free pharmaceutical technology, which meets EIC’s rigorous criteria for excellence, impact, and risk management.

Ignis H2 Energy: $12.5 Million (Series A) Raised For Geothermal Exploration

By Amit Chowdhry ● Feb 25, 2025

Ignis H2 Energy, a geothermal exploration and development startup, announced the first closing of its Series A funding round, securing $12.5 million from a consortium of investors, including leading funds and private individuals. This funding round was led by alfa8 and includes a commitment from drilling contractor Nabors Industries, alongside investments from existing shareholders, private individuals, and family offices.

AiDEN Auto: $4.2 Million (Seed) Raised For Privacy-First Connected Vehicle Technology

By Amit Chowdhry ● Feb 25, 2025

AiDEN Auto, a leader in privacy-first connected vehicle technology, announced the closing of a $4.2 million oversubscribed Seed funding round, bringing its total funding to $6.1 million. AiDEN’s seed round was led by Nuri Venture Partners, and additional investors included Tengro Ventures, Band of Angels, Mentors Fund, Start Equity Ventures, Conxcity and Weltham Capital, and a distinguished group of veteran angel investors and family offices. AiDEN’s angel round also saw participation from IF Insurance and several Silicon Valley angel investors.

73 Strings: $55 Million (Series B) Raised For Financial Intelligence Platform

By Amit Chowdhry ● Feb 25, 2025

73 Strings, the financial intelligence platform utilizing AI to transform data extraction, monitoring, and valuation for the $17.6 Trillion AUM Alternative Asset Management space, announced it has successfully closed a $55 million Series B round.