Archives

Silver Creek Capital Names Michael Callahan As Managing Director Of Business Development

By Amit Chowdhry ● Mar 20, 2024

Silver Creek Capital Management - an alternative investment boutique focused on developing unique investment solutions for institutional and sophisticated investors globally - announced that Michael Callahan has joined the firm as Managing Director, Business Development. Callahan will be responsible for developing and executing a range of growth initiatives on a global basis and expanding the firm’s institutional investor relationships. Plus, he most recently served as a managing director at Investcorp, focusing on institutional capital raising for the global credit business.

O2 Investment Partners Names Thomas Girdler As Senior Associate

By Amit Chowdhry ● Mar 20, 2024

O2 Investment Partners announced that it had appointed Thomas Girdler as the firm’s newest Senior Associate. Girdler will oversee new transactions, due diligence, underwriting, and working with O2’s portfolio companies.

Keebeck Wealth Management Partnering With Qdeck To Provide Clients With Investment Strategy Insights

By Amit Chowdhry ● Mar 20, 2024

Boutique independent advisory firm Keebeck Wealth Management announced a partnership with Qdeck to provide clients with highly personalized and seamless access to insights on potential investment strategies. Qdeck is a fintech company that utilizes the power of generative AI and investment technology for registered investment advisors (RIAs) and will empower Keebeck to collaborate with clients on the Qadvisor platform efficiently.

HyperPlay: Web3-Native Game Company Raises Funding From Square Enix

By Amit Chowdhry ● Mar 20, 2024

HyperPlay - a Web3-native game store that also aggregates the Epic Games Store - announced that Square Enix has joined the roster of gaming heavyweights that have invested in HyperPlay - to launch collaborations with the growing game store.

Princeton Equity Group: Jeremy Wright Named As Operating Partner

By Amit Chowdhry ● Mar 20, 2024

Princeton Equity Group - a private equity firm focused on franchise and multi-unit companies - announced that Jeremy Wright has joined as an Operating Partner.  Wright’s responsibilities will include providing tactical support to the firm's portfolio companies, partnering with management teams to drive strategic and operational initiatives, and helping institutionalize the operating resources that Princeton brings to each investment.

Summit Partners Reveals Promotions And Addition Within Investment Team

By Amit Chowdhry ● Mar 20, 2024

Leading alternative investment firm Summit Partners announced the promotion of three professionals and adding one new Principal in the firm’s global offices. Yoon Lee was promoted to Partner, and Hanyin Cheng and Cody Lee were promoted to Principal. And Ryan McDonald has joined the firm’s Healthcare & Life Sciences team as a Principal.

Oakley Capital Buying Stake In Horizons Optical Through Deal With Sherpa Capital

By Amit Chowdhry ● Mar 20, 2024

Leading pan-European mid-market private equity investor Oakley Capital announced that Oakley Capital Origin Fund I is investing in Horizons Optical. Horizons Optical provides medical software for making premium spectacle lenses.

Trinity Hunt Partners Launches Healthcare Advisory Platform Through Majority Investment In Coker

By Amit Chowdhry ● Mar 20, 2024

Trinity Hunt Partners, a growth-oriented private equity firm, announced a majority investment in Atlanta-based Coker Group, a leading healthcare advisory firm that serves hospitals, private and health system-affiliated physician groups, PE-backed platforms, and ancillary healthcare entities. Coker represents a foundational investment in Trinity Hunt’s healthcare advisory services platform.

Redwood Trust And CPP Investments Sign $750 Million Strategic Partnership

By Amit Chowdhry ● Mar 20, 2024

Redwood Trust (a leader in expanding access to housing for homebuyers and renters) and Canada Pension Plan Investment Board (CPP Investments) - through subsidiaries of CPPIB Credit Investments - announced a $750 million strategic capital partnership. This partnership features a newly formed $500 million Asset Joint Venture (JV) and a $250 million corporate secured financing facility that CPP Investments provides to Redwood.

Comvest Partners: Sixth Flagship Private Equity Fund Closed At $881 Million

By Amit Chowdhry ● Mar 20, 2024

Comvest Partners (a leading middle-market private equity and credit investment firm) announced the final closing of its sixth flagship private equity fund, Comvest Investment Partners VI, L.P. (CIP VI), with total capital commitments of $881 million.

Caprock Brings In $2.2 Billion Grey Street Capital Team

By Amit Chowdhry ● Mar 20, 2024

Caprock - a leading multi-family office Registered Investment Advisor (RIA) serving ultra-high-net-worth clients - announced the acquisition of Grey Street Capital. Grey Street Capital is a Chicago-based boutique advisory firm with $2.2 billion in client assets.

Wynnchurch Capital To Sell LPW Group To Oaktree

By Amit Chowdhry ● Mar 20, 2024

Wynnchurch Capital (a leading middle market private equity firm) announced the sale of Houston-based LPW Group Holdings to funds managed by Oaktree Capital Management. LPW Group is a leading designer and manufacturer of specialty valves, actuators, fittings, flanges, and flow control products that serve mission-critical applications across chemical, petrochemical, LNG, refining, renewable, naval, pulp and paper, and other industrial markets.

NeuReality: AI Inference And Data Center Infrastructure Company Raises $20 Million

By Amit Chowdhry ● Mar 20, 2024

NeuReality - an AI Inference and data center infrastructure company - announced that it has raised $20 million in a new funding round from the European Innovation Council (EIC) Fund, Varana Capital, Cleveland Avenue, XT Hi-Tech and OurCrowd, with participation from Cardumen Capital, Glory Ventures and Alumni Venture Group. Including this funding round, NeuReality has raised a total of $70 million.

Portal Biotechnologies: Cell Engineering Platform Company Raises $5 Million

By Amit Chowdhry ● Mar 20, 2024

Cell engineering platform company Portal Biotechnologies announced a $5 million pre-seed round led by Pear VC, with participation from Conscience VC and 10x Capital. Armon Sharei, Ph.D., the founder and former CEO of SQZ Biotechnologies, founded Portal Biotechnologies.

Moove: Mobility Fintech Company Raises $100 Million At $750 Million Valuation

By Amit Chowdhry ● Mar 20, 2024

Moove - a global mobility fintech company that democratizes access to vehicle ownership for mobility entrepreneurs - announced that it had raised $100 million in a Series B funding round. This funding round values the company at $750 million. Uber invested in this round alongside Mubadala, which led Moove’s previous funding round last year. Other investors participating in the round also included The Latest Ventures, Africinvest, Palm Drive Capital, Triatlum Advisors AG, and Future Africa.

Oceans Equity: Seasoned Investor Josh Bilmes Launches New PE Firm

By Amit Chowdhry ● Mar 20, 2024

Oceans Equity is a new Miami-based private equity firm that is committed to transforming potential into progress. With an emphasis on service businesses and niche product companies, Oceans Equity will accelerate sustainable growth through genuine collaboration.

xCures: Empowering Healthcare Researchers To Deeply Understand Each Patient’s Medical Journey

By Amit Chowdhry ● Mar 20, 2024

xCures is a healthcare data management company focusing on data completeness and real-time data access. Pulse 2.0 interviewed xCures CEO Mika Newton to learn more about the company.

Owl’s Brew: How This Tea Cocktail Company Grew About 1,000% In Three Years

By Amit Chowdhry ● Mar 20, 2024

Owl’s Brew is a company that produces tea crafted for cocktails. Pulse 2.0 interviewed Owl’s Brew co-founder and COO Maria Littlefield to learn more.

Lumino: AI Infrastructure Company Raises $2.8 Million

By Amit Chowdhry ● Mar 19, 2024

AI infrastructure company Lumino announced that it has raised a $2.8 million pre-seed funding round. This funding round included Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, and Escape Velocity.

Innatera: Power Neuromorphic Processor Company Secures €15 Million

By Amit Chowdhry ● Mar 19, 2024

Ultra-low-power neuromorphic processor leader Innatera announced it raised €15 million in Series A funding from Invest-NL Deep Tech Fund, the EIC Fund, MIG Capital, Matterwave Ventures, and Delft Enterprises. This funding will accelerate mass production, broaden application offerings, and expand customer engagement.

G2 Reverse Logistics: Net Recovery Company Secures $9.6 Million

By Amit Chowdhry ● Mar 19, 2024

Net recovery company G2 Reverse Logistics announced $9.6 million in seed funding led by Dell Technologies Capital. The funding round will enable sales and marketing investments to drive global growth strategies.

Agora Data Reveals $400 Million In New Funding Capacity Raised

By Amit Chowdhry ● Mar 19, 2024

Agora Data - a fintech company with a goal of enabling any car dealer to be a finance company by offering technology, capital, and guidance with predictable loan performance and analytics started this year with the successful closing of multiple company financial milestones.

Engrail Therapeutics: $157 Million Raised To Develop Transformational Therapies

By Amit Chowdhry ● Mar 19, 2024

Engrail Therapeutics - a precision neuroscience company focusing on developing transformational therapies to improve patients' lives - announced the closing of an oversubscribed $157 million Series B financing round. The funding round was co-led by new investors F-Prime Capital, Forbion, and Norwest Venture Partners, with participation from RiverVest Venture Partners, Red Tree Venture Capital, funds managed by abrdn, Ysios Capital, Longwood Fund, Eight Roads Ventures, and existing investor Pivotal Life Sciences.

IVP: 18th Fund Closed At $1.6 Billion

By Amit Chowdhry ● Mar 19, 2024

Venture capital firm IVP announced closing its 18th fund at $1.6 billion. The firm said that this fund is closing during a sweeping technological shift with AI at a time when capital markets are resetting. These periods create significant opportunities for companies with product market fit and organic momentum.

Coterie: Insurtech MGA Company Raises $27 Million

By Amit Chowdhry ● Mar 19, 2024

Coterie - an insurtech MGA making small business insurance easier - announced a raise of $27 million in a new funding round. The oversubscribed funding round includes new investments from Hiscox and existing investors such as Intact Ventures, Weatherford Capital, RPM Ventures, and others. With this funding round, Coterie has raised over $102 million.

Auguria Raises Seed Funding From SYN Ventures And S Ventures

By Amit Chowdhry ● Mar 19, 2024

Auguria, a cybersecurity artificial intelligence company, announced its emergence from stealth mode after more than two years of software platform development. Through an initial investment from SYN Ventures Seed Fund, Auguria is driving the transformation of traditional security operations by optimizing data for human and AI consumption with the industry's first vector-based cybersecurity platform for security operations data integration, transformation, and analytics.

Francisco Partners Acquiring Jama Software For $1.2 Billion

By Amit Chowdhry ● Mar 19, 2024

Jama Software - a leading requirements management and traceability solution company - announced that private equity firm Francisco Partners agreed to acquire the company from shareholders, including Insight Partners and Madrona Ventures, for $1.2 billion.

Cohesity Raises Strategic Funding From NVIDIA

By Amit Chowdhry ● Mar 19, 2024

Cohesity - a leader in AI-powered data security and management - announced a collaboration with NVIDIA to help organizations unlock the power of GenAI and data with the recently announced NVIDIA NIM microservices and through the integration of NVIDIA AI Enterprise into the Cohesity Gaia platform. Cohesity’s latest funding round also led to NVIDIA becoming a new investor.

Superlinked: $9.5 Million Secured To Turn Complex Data Into Vector Embeddings

By Amit Chowdhry ● Mar 19, 2024

Superlinked, a solution for turning complex data into vector embeddings, announced it has received $9.5 million in seed funding. Index Ventures led the round, with Theory Ventures significantly participating. 20Sales, Firestreak, and several prominent tech executives also participated.

Poseidon: Aquaculture Solutions Company Raises $20.75 Million

By Amit Chowdhry ● Mar 19, 2024

Poseidon Ocean Systems announced the completion of a $20.75 million Series B financing led by Ecosystem Integrity Fund (EIF), and joined by InBC Investment, along with additional support from existing shareholder Export Development Canada.