Archives

Goldman Sachs Reportedly Launches New Program For Retaining Interns

By Amit Chowdhry ● Jul 22, 2025

Goldman Sachs has reportedly introduced a new program aimed at retaining its top interns and preventing them from being poached by private equity firms and other competitors. This initiative is a significant strategic move for the bank in the ongoing "war for talent."

Xelix: $160 Million Series B Raised For Advancing Agentic AI In Accounts Payable

By Amit Chowdhry ● Jul 22, 2025

Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, announced a $160 million Series B funding round led by Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will accelerate platform development and support more organizations in adopting AI for finance operations.

Nexxa.ai: $4.4 Million Pre-Seed Raised For Bringing Specialized AI To Heavy Industries

By Amit Chowdhry ● Jul 22, 2025

Nexxa.ai, an AI-native company focused on transforming the way industrial engineers operate in digital environments, announced a $4.4 million pre-seed funding round. The funding round was driven by a16z speedrun with participation from institutional investors Augment Ventures, Propeller Ventures, Plug and Play, Beat Ventures, SBI, Untapped Ventures, and Cross Atlantic Angels, as well as angel investors Rick Berry and Pat McCarthy, among others. The company was also selected for speedrun Badge 5, a16z's elite accelerator for AI startups.

Rune Technologies: $24 Million Series A Raised For Military Logistics Software

By Amit Chowdhry ● Jul 22, 2025

Rune Technologies is transforming military logistics with its AI-based software TyrOS, which was designed for the modern battlefield. The company recently secured $24 million in Series A funding, led by Human Capital, with contributions from Pax VC, Washington Harbour Partners, and existing investors like Andreessen Horowitz and Point72 Ventures.

DevvStream: $10 Million Initial Funding Raised For Launching Asset-Backed Digital Infrastructure

By Amit Chowdhry ● Jul 22, 2025

DevvStream, a leading carbon management company focusing on developing, investing in, and selling environmental assets, announced today that it has signed a securities purchase agreement for the issuance of up to $300 million in senior secured convertible notes. This move supports its strategic goal to create a blockchain-based treasury and launch a tokenization platform for sustainability-linked infrastructure.

50T: $500 Million Growth Equity Fund Closed

By Amit Chowdhry ● Jul 22, 2025

10T Holdings and 1RoundTable Partners (1RT), two leading growth equity funds in the Digital Asset Ecosystem (DAE), have announced their merger, resulting in the creation of a new brand: 50T. This rebranding reflects their prediction that the global digital asset ecosystem will reach a value of $50 trillion within the next decade.

AMETEK: $920 Million Acquisition Of FARO Technologies Completed

By Amit Chowdhry ● Jul 22, 2025

AMETEK announced that it has completed its acquisition of FARO Technologies for $44 per share in cash, or approximately $920 million, net of cash acquired. The completion of the transaction follows approval from FARO shareholders and the receipt of all regulatory approvals. As a result of the merger's completion, the common stock of FARO will no longer be listed for trading on the Nasdaq.

Lerer Hippeau: Ron Zori Named As Venture Partner

By Amit Chowdhry ● Jul 22, 2025

Lerer Hippeau, a VC firm based in New York City that specializes in early-stage investments, announced the hiring of Ron Zori as Venture Partner—its first ever—for Fund IX. This $200 million fund, dedicated solely to early-stage startups, also celebrates 15 years of supporting early founders as their primary institutional partner.

Peachtree: $250 Million Special Situations Fund Launched To Capitalize On Hotel Market Dislocation

By Amit Chowdhry ● Jul 22, 2025

Peachtree Group has announced the launch of the $250 million Peachtree Special Situations Fund, designed to unlock value in underperforming hotel and commercial real estate assets affected by market illiquidity. This initiative comes at a time when nearly $1 trillion in loans are set to mature in 2025, alongside significant refinancing needs in the hotel sector.

Alix: $20 Million Series A Closed For Transforming Estate Settlement

By Amit Chowdhry ● Jul 22, 2025

Alix, a wealth transfer platform, has announced a successful $20 million Series A funding round, led by Acrew Capital, with participation from Charles Schwab and Edward Jones Ventures. Existing investors, including Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures, also contributed to the oversubscribed funding round. With this latest investment, Alix has raised a total of $30.65 million.

Cerus Secures More DoD Funding To Improve Trauma Hemorrhage Care

By Amit Chowdhry ● Jul 22, 2025

Cerus has announced an extra $7.2 million contract amendment from the U.S. Department of Defense (DoD) for the development of lyophilized Pathogen Reduced, Cryoprecipitated Fibrinogen Complex (also known as INTERCEPT Fibrinogen Complex, or IFC, and, in its lyophilized form, LyoIFC) to help control bleeding from trauma. This additional funding complements the roughly $18 million already allocated in Cerus’ contract with the DoD, aimed at creating a manufacturing process to produce a room-temperature, shelf-stable LyoIFC for use in remote military settings with limited or no refrigeration, enhancing care for both military and civilian trauma patients.

XNRGY: Investment Raised From Activate Capital To Boost Data Center Cooling Innovation

By Amit Chowdhry ● Jul 22, 2025

Activate Capital and XNRGY Climate Systems announced that Activate has made a strategic investment in XNRGY, a leading North American manufacturer of sustainable air handling and liquid cooling technologies. The investment will support the company's continued growth, expand its domestic manufacturing presence, and accelerate the delivery of next-generation cooling solutions for data centers and other mission-critical infrastructure.

Omega Funds: $647 Million Fund VIII Closed To Invest In Life Science Companies

By Amit Chowdhry ● Jul 22, 2025

Global healthcare venture capital firm Omega Funds has closed its eighth fund at $647 million, surpassing its initial target of $600 million. The oversubscribed Omega Fund VIII, L.P., received backing from both new and existing investors. It will continue to invest in innovative life sciences companies in the U.S. and Europe that address critical medical needs.

S&P Dow Jones Indices To Buy ARC Research

By Amit Chowdhry ● Jul 22, 2025

S&P Dow Jones Indices announced its plan to acquire ARC Research, a subsidiary of ARC Group. ARC Research is the leading independent provider of investment performance data, benchmarking, and insights in the private wealth sector.

Synthego: Acquisition By Perceptive Advisors Closed

By Amit Chowdhry ● Jul 22, 2025

Synthego, a leading CRISPR solutions provider, announced that it has completed the sale of nearly all its assets to funds managed by Perceptive Advisors, a prominent life sciences investment firm. The deal was finalized on July 18, 2025.

Performance Equity Management Reinvests In EoS Fitness

By Amit Chowdhry ● Jul 22, 2025

Performance Equity Management (PEM), a private equity firm specializing in direct co-investments and venture capital fund of funds, announced today a new investment in EoS Fitness (EoS) following the company's acquisition by TSG Consumer, a leading private equity firm focused on consumer brands. This deal reflects PEM's long-standing relationship with EoS and marks a successful outcome from its earlier investment through Performance Direct Investments III (PDI III).

EQT To Buy Adevinta’s Spanish Online Classifieds Businesses

By Amit Chowdhry ● Jul 22, 2025

EQT announced that its EQT X fund has reached an agreement to acquire Adevinta’s Spanish operations from Aurelia Netherlands TargetCo B.V. Adevinta Spain includes several of Spain’s leading online classifieds platforms, such as Coches.net, InfoJobs, Milanuncios, Fotocasa, and Habitaclia.

Vilore Foods Expands Portfolio By Acquiring Tia Lupita Foods

By Amit Chowdhry ● Jul 22, 2025

Fortuna Health: $18 Million Raised For Consumer Medicaid Navigation Platform

By Amit Chowdhry ● Jul 22, 2025

Fortuna Health, a leading platform for consumer Medicaid navigation, has secured $18 million in Series A funding, led by Andreessen Horowitz with additional participation from Y Combinator and several industry leaders. This funding will enhance Fortuna's AI-driven workflows, support its expansion into new states, and scale infrastructure to meet rising demand from health systems and managed care plans.

Pacific Equity Group: A$370 Million Raised For Remote Energy Platform

By Amit Chowdhry ● Jul 22, 2025

Barings, a global asset management firm, has co-led an A$370 million equity raise with Queensland Investment Corporation (QIC) for Pacific Energy Group (PEG), Australia's largest remote energy platform. This significant funding empowers PEG to execute its long-term investment plans and capitalize on strong customer demand.

Church Tech Company Subsplash To Be Acquired By Roper Technologies

By Amit Chowdhry ● Jul 22, 2025

Subsplash, a leading SaaS, fintech, and AI provider for the faith and nonprofit sectors, has announced a definitive agreement for its acquisition by Roper Technologies. This partnership is set to enable Subsplash to drive new long-term innovations for its clients and the wider industry.

IMA Group Expands With Acquisition Of Medical Research Network

By Amit Chowdhry ● Jul 22, 2025

The IMA Group (IMA) has announced the acquisition of Medical Research Network (MRN) LLC, a clinical research site located in New York City that specializes in psychiatry and neurology trials focused on central nervous system (CNS) disorders.

LongRange Capital: Acquisition Of US Synthetic Completed

By Amit Chowdhry ● Jul 22, 2025

LongRange Capital, a private equity firm dedicated to fostering long-term, customer-focused growth in middle-market businesses, has finalized its acquisition of US Synthetic Corporation from ChampionX Corporation. Headquartered in Orem, Utah, US Synthetic is a leading provider of advanced polycrystalline diamond (PCD) technologies, offering PCD inserts, bearings, and various diamond science solutions for the energy, mining, and industrial sectors.

ARCHIMED To Buy ZimVie In $730 Million Deal

By Amit Chowdhry ● Jul 22, 2025

ZimVie, a global leader in dental implants, has announced a definitive agreement to be acquired by an affiliate of ARCHIMED, a healthcare investment firm.

Qlub: Dubai-Based Dining Payments Company Raises $30 Million

By Amit Chowdhry ● Jul 21, 2025

Qlub, an innovative dining payments platform headquartered in Dubai, has proudly announced the closure of a substantial funding round amounting to $30 million. This round was co-led by prominent venture capital firms Shorooq Partners and Cherry Ventures, both of which are known for backing transformative startups. The funding also saw noteworthy contributions from influential strategic investors, including Mubadala Investment Company (a player in the UAE’s investment landscape), e& (a leading telecommunications company), and Legend Capital (an investment firm based in China).

bp: Albert Manifold Named As Chair

By Amit Chowdhry ● Jul 21, 2025

British Petroleum (BP) has announced the appointment of Albert Manifold as the new chair of the company, succeeding Helge Lund. Manifold will officially join the BP board as a non-executive director and chair-elect on September 1st, with plans to transition into the role of chair on October 1st. At that point, Helge Lund will conclude his tenure as chair and director of the BP board, marking the end of an era for the company.

Etraveli: KKR Acquires Minority Stake

By Amit Chowdhry ● Jul 21, 2025

CVC Capital Partners has announced that KKR will acquire a significant minority stake in the global travel technology firm Etraveli Group. This partnership positions Etraveli for growth and reinforces its status as the world’s largest flight intermediary and fulfillment company outside of China.

Monetary Authority Of Singapore Appoints First Batch Of S$5 Billion Asset Managers

By Amit Chowdhry ● Jul 21, 2025

The Monetary Authority of Singapore (MAS) has unveiled the selection of the first asset managers participating in the ambitious S$5 billion Equity Market Development Programme (EQDP). This strategic initiative aims to strengthen Singapore's equity market and foster its growth. In this initial phase, MAS, in partnership with the Financial Sector Development Fund (FSDF), will allocate S$1.1 billion to these chosen asset managers, providing them with vital resources to enhance their investment strategies.

CurTec: Acquisition By Ampersand Capital Partners

By Amit Chowdhry ● Jul 21, 2025

Ampersand Capital Partners, a private equity firm focused on growth equity investments in life sciences and healthcare, has acquired CurTec, a Netherlands-based manufacturer of high-performance plastic packaging for pharmaceutical and specialty chemical applications. This acquisition was made in collaboration with Bencis Capital Partners and CurTec's management.

Sdui Group: Strategic Investment Raised For Administrative Software For K-12 Schools

By Amit Chowdhry ● Jul 21, 2025

Sdui Group, a leading European provider of cloud-based administrative software for K-12 schools, has secured a growth investment led by Bain Capital’s Tech Opportunities fund, joined by existing investors HV Capital and High-Tech Gründerfonds (HTGF).