Archives

Midas: $10 Million Raised For AI Verification Platform

By Amit Chowdhry ● Feb 5, 2026

Midas, an AI security and reliability company focused on mathematical verification, has launched publicly after closing a $10 million funding round led by Nova Global. The company says it is building a “mathematical trust infrastructure” to ensure AI outputs and underlying reasoning are provably correct before they are used in real-world systems where mistakes are costly.

AngioDynamics Launches Investigator-Led Pulmonary Embolism Research Fund With PERT Consortium

By Amit Chowdhry ● Feb 5, 2026

AngioDynamics, a vascular-focused medical technology company, and The PERT Consortium, a multidisciplinary organization focused on improving pulmonary embolism care, have launched the ALPHA-PE Research Fund, an investigator-led program to support independent, physician-driven research on pulmonary embolism.

Gerber Taylor Closes $111 Million Co-Investment Fund, Beating $75 Million Target

By Amit Chowdhry ● Feb 5, 2026

Gerber Taylor announced it had completed a final close of its latest co-investment vehicle, GT Co-Invest II, LP, at $111 million as of December 31, 2025, surpassing its original $75 million fundraising target in roughly ten months.

Morningstar Expands Index Business With $365 Million CRSP Acquisition

By Amit Chowdhry ● Feb 5, 2026

Morningstar has completed its previously announced $365 million acquisition of the Center for Research in Security Prices (CRSP) from the University of Chicago, adding a major suite of U.S. equity benchmarks and deep historical data products to its index and research businesses.

26North Takes Control of Middleby’s Residential Kitchen Unit

By Amit Chowdhry ● Feb 5, 2026

26North Partners LP and The Middleby Corporation announced that affiliates of 26North have completed the acquisition of a controlling interest in Middleby’s Residential Kitchen business, with Middleby retaining a significant non-controlling ownership stake through a joint venture structure.

Evertec: Acquisition Of B2B Fintech Company Dimensa For $181 Million

By Amit Chowdhry ● Feb 5, 2026

EVERTEC, a Puerto Rico-based transaction processor and financial technology provider serving Latin America, Puerto Rico, and the Caribbean, said it has signed a definitive agreement to acquire Dimensa, a Brazil-based B2B technology provider to financial institutions, in a deal valued at R$950 million, or about $181 million at current exchange rates.

Installed Building Products Expands Insulation And Building Products Platform With Three Acquisitions

By Amit Chowdhry ● Feb 5, 2026

Installed Building Products, an insulation installer and diversified building products contractor, has completed three acquisitions that add more than $22 million in combined annual revenue and broaden its footprint across multiple U.S. regions and end markets.

KKR-Singtel Consortium Buying Stake In STT GDC At S$13.8 Billion Value

By Amit Chowdhry ● Feb 5, 2026

KKR and Singtel Group, together with ST Telemedia, announced they have signed definitive agreements for a consortium led by funds managed by KKR and Singtel to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for S$6.6 billion, valuing the business at an implied enterprise value of about S$13.8 billion including leverage and capital expenditure for committed projects.

Anthropic: Claude Opus 4.6 Adds 1M-Token Context Window And New Agentic Coding, API, And Office Tool Updates

By Amit Chowdhry ● Feb 5, 2026

Anthropic has released Claude Opus 4.6, positioning the model as an upgrade to its Opus line with stronger coding performance, more deliberate planning, and improved reliability on longer, more agentic workflows. The company says Opus 4.6 is better at operating in large codebases, conducting code reviews, and debugging by catching its own mistakes, while also applying those improvements to everyday knowledge work tasks such as financial analysis, research, and building documents, spreadsheets, and presentations.

RISR Partners With Allworth Financial To Expand Business Owner Planning

By Amit Chowdhry ● Feb 5, 2026

RISR, a business owner engagement platform built for financial advisors, has struck a strategic partnership with Allworth Financial aimed at expanding business owner planning across Allworth’s national advisory platform. Under the collaboration, Allworth advisors will use RISR’s technology through a unified dashboard to help entrepreneurs navigate the full business lifecycle, spanning growth planning, valuation, succession planning, and exit preparation.

Accrual: $75 Million Raised For AI-Native Accounting Automation Platform

By Amit Chowdhry ● Feb 5, 2026

Accrual has launched with $75 million in funding to bring AI-native automation to accounting firm preparation and review workflows. The funding round was led by General Catalyst, with participation from Pruven Capital, Edward Jones Ventures, and a group of industry executives and founders. Accrual said the financing will support product and AI development, team expansion, and onboarding accounting firms as the company scales.

Power Sustainable’s Infrastructure Credit Platform Tops $1 Billion With Final Close of Debut Fund

By Amit Chowdhry ● Feb 5, 2026

Power Sustainable Infrastructure Credit (PSIC) announced it held the final close of its inaugural global infrastructure credit fund in December 2025, bringing total capital aligned with the strategy to more than $1 billion. The firm said that figure includes over $800 million in commitments across the fund and separately managed accounts.

Turnstile: $29 Million Closed For AI-First Quote-To-Cash Platform

By Amit Chowdhry ● Feb 5, 2026

Turnstile has launched an AI-first quote-to-cash platform aimed at sales-led B2B SaaS startups, debuting with $29 million in funding from First Round, OMERS Ventures, Illuminate Financial, and a group of angel investors.

Advance: $8.55 Million Seed Funding Raised For Turning Premium Flows Into Yield and Revenue

By Amit Chowdhry ● Feb 5, 2026

Advance, a financial platform built for insurance, announced it raised $8.55 million in seed funding to modernize how insurance intermediaries manage and move money, aiming to reduce operational friction while keeping premium dollars controlled, compliant, and earning.

Morpheus Space: $15 Million Raised For Electric Propulsion Platform

By Amit Chowdhry ● Feb 5, 2026

Morpheus Space has secured a $15 million strategic investment to accelerate the buildout of its mass-production footprint and support its next phase of growth in electric propulsion systems for in-space mobility. The company said the round was led by Alpine Space Ventures and the European Investment Fund, with continued support from Lavrock Ventures, Morpheus Ventures, Pallas Ventures, Vsquared Ventures, and other new and existing investors.

BRG Adds Former FERC Economist Hans Leonard As Energy & Climate Director

By Amit Chowdhry ● Feb 5, 2026

BRG announced Dr. Hans Leonard, a former economist at the Federal Energy Regulatory Commission, has joined the firm as a director in its Energy & Climate practice, based in Washington, DC.

Flock AI: $6 Million Seed Funding Closed To Scale One-to-One Visual Commerce For Fashion and Retail

By Amit Chowdhry ● Feb 5, 2026

Flock AI, an AI-native visual commerce platform built for fashion and retail, has raised a $6 million seed round led by Work-Bench, bringing total funding to $7.5 million. The round also included participation from January Ventures, Red Bike Capital, Outlander VC, AI Furnace, and strategic angels.

SiTime To Buy Renesas Timing Business For $1.5 Billion Cash Plus Stock

By Amit Chowdhry ● Feb 5, 2026

SiTime, a pure-play precision timing company focused on MEMS-based programmable timing solutions, announced it has signed a definitive agreement to acquire certain assets related to Renesas’ timing business in a deal designed to materially expand its clocking portfolio and deepen its exposure to high-growth AI datacenter and communications markets.

Duna: €30 Million Series A Raised For AI Native Business Identity Platform

By Amit Chowdhry ● Feb 5, 2026

Duna, an identity fintech founded by two Stripe alumni, has raised a €30 million Series A to expand its AI native business identity platform for regulated enterprises. The round was led by CapitalG, Alphabet’s independent growth fund, with participation from existing investors Index Ventures and Puzzle Ventures, as well as Snowflake Chairman Frank Slootman.

GoodLife Group Secures Strategic Minority Investment From Apollo Funds

By Amit Chowdhry ● Feb 5, 2026

The GoodLife Group, Canada’s largest fitness operator, has secured a strategic minority investment led by Apollo-managed funds and affiliates associated with Apollo’s hybrid strategies, as the company looks to accelerate its long-term growth plans.

Otro Capital: Sports-Focused PE Firm Closes $1.2 Billion Debut Buyout Fund

By Amit Chowdhry ● Feb 5, 2026

Otro Capital announced it has closed its inaugural sports fund with $1.2 billion of committed capital across Fund I and affiliated investment vehicles, exceeding the fund’s initial target. The New York-based firm described Fund I as the largest first-time dedicated sports buyout fund ever raised globally, positioning the raise as a marker of growing institutional appetite for scaled strategies focused on sports properties and the broader sports economy.

Brookfield Asset Management Names Connor Teskey As CEO

By Amit Chowdhry ● Feb 5, 2026

Brookfield Asset Management announced its board has appointed Connor Teskey as chief executive officer, formalizing a leadership transition at the global alternative asset manager as it reported record financial results for the quarter and year ended December 31, 2025.

Shore Capital Closes $400+ Million Industrials Fund II

By Amit Chowdhry ● Feb 5, 2026

Shore Capital Partners, a Chicago-based private equity firm focused on the lower middle market, has closed its second dedicated industrials vehicle, Shore Capital Industrial Partners Fund II, with more than $400 million in capital commitments, reflecting what the firm described as strong demand from both existing and new limited partners for its sector-focused strategy.

Evan Weiss Named As CEO Of New Jersey Economic Development Authority

By Amit Chowdhry ● Feb 5, 2026

New Jersey’s economic development agency has a new leader. The board of the New Jersey Economic Development Authority approved Evan Weiss as the Authority’s next chief executive officer, following a recommendation earlier in January from Governor Mikie Sherrill.

Batbox: Interview With VP Of Marketing Brandon Gabay About The Sports Technology Company

By Amit Chowdhry ● Feb 5, 2026

Batbox is a sports technology company reinventing how the world plays, experiences, and connects through baseball. Its proprietary simulation platform and gameplay engine power a growing network of flagship venues, licensed installations, and self-serve units worldwide. With immersive technology, real-time analytics, and a unified player ecosystem, Batbox makes baseball accessible, social, and unforgettable. Pulse 2.0 interviewed Batbox VP of Marketing Brandon Gabay to learn more.

Ares Reports Record U.S. Direct Lending Originations With $622 Billion AUM

By Amit Chowdhry ● Feb 5, 2026

Ares Management Corporation said its credit funds delivered record U.S. direct-lending origination activity in the fourth quarter and for the full year 2025, underscoring the scale of the platform, which ended 2025 with more than $622 billion in assets under management.

Eterna Growth Partners Spins Out From Charlesbank As Independent Middle-Market Tech Private Equity Firm

By Amit Chowdhry ● Feb 5, 2026

Eterna Growth Partners, the newly independent private equity firm previously housed inside Charlesbank Capital Partners’ Technology Opportunities Fund strategy, has completed its spinout and will now operate as a standalone middle-market technology investment platform.

CAZ Launches Registered Interval Fund to Broaden Access To GP Stakes Strategy

By Amit Chowdhry ● Feb 5, 2026

CAZ Investments has officially launched the CAZ GP Stakes Fund, a registered interval fund structured to give a wider range of investors access to minority ownership stakes in private asset managers, a strategy commonly known as GP Stakes. The company said the vehicle is designed to combine private-markets exposure with features investors typically associate with registered products, including daily subscriptions, quarterly redemptions, 1099 tax reporting, and a management-fee-only structure with no performance fees.

HighVista Strategies Closes $800 Million Private Equity Fund XI

By Amit Chowdhry ● Feb 5, 2026

HighVista Strategies, an employee-owned specialty alternatives asset manager, said it has closed $800 million in capital commitments for HighVista Private Equity Fund XI, L.P., exceeding the fund’s $725 million target. The Boston-based firm said the final close followed a strong first close in December 2025 and was supported by a very high re-up rate from existing investors, alongside commitments from new limited partners.

Aditya Birla Housing Finance Raises $304.3 Million Growth Round At $2.13 Billion Valuation

By Amit Chowdhry ● Feb 5, 2026

Aditya Birla Capital Limited and Aditya Birla Housing Finance Limited said their boards have approved a proposal for a primary capital infusion of Rs. 2,750 crore ($304.3 million) into Aditya Birla Housing Finance Limited (ABHFL), the housing finance subsidiary of Aditya Birla Capital. The investment is set to be made by Indriya Limited, an entity of Advent International, and would bring a new minority shareholder into ABHFL while keeping Aditya Birla Capital as the controlling owner.