Archives

Omada: Investment Raised From GRO And Kirk Kapital

By Amit Chowdhry ● May 5, 2025

Omada—a leader of Identity Governance and Administration (IGA) software—announced a new phase in its partnership with existing investor GRO. Together with Kirk Kapital, Omada will take a majority ownership position to support its continued expansion and innovation.

Dawn Health: €11.5 Million Raised For Scaling Pharma Digital Health Solutions

By Amit Chowdhry ● May 5, 2025

Dawn Health, a leader in digital health, announced it has secured a €11.5 million funding round from its existing investors, Chr. Augustinus Fabrikker, the Export and Investment Fund of Denmark (EIFO), and Trifork.

Ropes & Gray: Richard Perks Named As Partner In PE Practice

By Amit Chowdhry ● May 5, 2025

Ropes & Gray announced that Richard Perks joined the firm as a partner in the private equity practice, based in Hong Kong. Perks is a leading mergers & acquisitions lawyer with significant experience representing clients across Asia in the acquisition and financing of their transactions.

Birdsboro Power: Strategic Value Partners Acquires Stake In The Facility

By Amit Chowdhry ● May 5, 2025

Strategic Value Partners, an alternative investment firm with about $22 billion of assets under management, announced that its managed funds completed the acquisition of a stake in Birdsboro Power, which is a 485-megawatt natural gas-fired combined-cycle generation facility located in Berks County, Pennsylvania.

Dataminr: $100 Million Investment Raised From Fortress

By Amit Chowdhry ● May 5, 2025

Dataminr announced the closing of a $100 million convertible financing from funds managed by affiliates of Fortress Investment Group.

DLA Piper: John Gollaglee Named As Office Managing Partner

By Amit Chowdhry ● May 5, 2025

Global law firm DLA Piper announced the appointment of John Gollaglee as Office Managing Partner (OMP) for the firm’s North West offices (Manchester and Liverpool). Gollaglee succeeds Mark Beardwood, who steps down after six years in the role.

TTV Capital: Lynne Laube And Rachel Hamilton Named As Venture Partners

By Amit Chowdhry ● May 5, 2025

TTV Capital, an early-stage fintech venture capital firm, announced that Lynne Laube and Rachel Hamilton have joined as venture partners. And in these roles, Laube and Hamilton will provide strategic counsel to TTV Capital's portfolio companies based on their decades of experience scaling early-stage fintech companies.

DLA Piper: Mark Bennett Named As Technology Partner

By Amit Chowdhry ● May 5, 2025

DLA Piper announced it has appointed technology and real estate lawyer Mark Bennett as a partner in its Sydney office. Bennett has over 20 years of experience in Sydney, London, Hong Kong, and Mumbai. He has an extensive cross-border practice, with industry knowledge in technology and financial services.

Clifford Chance Reveals Promotion Of 31 New Partners

By Amit Chowdhry ● May 5, 2025

Global law firm Clifford Chance announced the promotion of 31 lawyers to the partnership. The new partners have tremendous experience, which will be available to clients across international markets and sectors aligned with the firm's global growth strategy.

True Anomaly: $260 Million Raised For Building Space Security

By Amit Chowdhry ● May 5, 2025

True Anomaly announced its $260 million fundraising effort. The Series C funding was led by Accel, with participation from Meritech Capital and existing investors Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures, and Narya. Stifel Bank is providing debt capital.

Rensselaer Polytechnic Institute: $10 Million Gift From Alumnus And Entrepreneur Ajit Prabhu

By Amit Chowdhry ● May 5, 2025

Rensselaer Polytechnic Institute (RPI) announced it has received a $10 million gift from Ajit Prabhu ’98, founder and CEO of Quest Global, to establish the Ajit Prabhu Catalyst Endowment and the Ajit Prabhu Catalyst Fund in support of the Office of Strategic Alliances and Translation (OSAT). Prabhu launched the fund to assist RPI students and faculty entrepreneurs.

Peek: Series A Raised For Virtual Leasing Platform

By Amit Chowdhry ● May 5, 2025

Peek, a virtual leasing platform that helps property managers and owners accelerate the leasing process and reduce vacancy loss, announced that it has raised $5 million in Series A funding. The funding round was led by Moneta Ventures, with participation from Timber Grove Ventures and other existing investors.

Sidley: Chris Jackson Named As Finance Partner In New York

By Amit Chowdhry ● May 5, 2025

Sidley announced that Chris Jackson has joined the firm’s Global Finance group as a partner in Sidley’s office in New York. And he was previously a partner at A&O Shearman. Luke Maiman also joins as counsel.

Ara Partners: Over $800 Million Raised For Inaugural Infrastructure Fund

By Amit Chowdhry ● May 5, 2025

Ara Partners, a global investment firm dedicated to decarbonizing the industrial economy, announced that it has raised over $800 million for its Ara Infrastructure strategy, including its debut Fund, Ara Infrastructure Fund I, and associated co-investment vehicles.

Blacksmith: $3.5 Million Raised For High-Performance CI Cloud Platform

By Amit Chowdhry ● May 5, 2025

Blacksmith, a high-performance CI cloud designed to compete with industry giants in an AI world, announced $3.5 million in seed funding led by GV (Google Ventures) and Y Combinator, with participation from angel investors including Spencer Kimball, CEO of Cockroach Labs; Peter Mattis, CTO of Cockroach Labs; and Rich Aberman, Co-Founder of WePay by J.P. Morgan.

Smith Point Capital: Over $360 Million Raised For Inaugural Fund

By Amit Chowdhry ● May 5, 2025

Smith Point Capital Management—an operator-led venture capital firm shaping the intelligent enterprise—announced the final closing of its inaugural fund, Smith Point Capital Fund I. With over $360 million in aggregate commitments, Smith Point Capital Fund I exceeded its target of $300 million.

Mission Wealth: Strategic Investment Raised From Great Hill Partners

By Amit Chowdhry ● May 5, 2025

Mission Wealth (coinciding with its 25th anniversary) announced a minority investment from Great Hill Partners, a private equity firm that invests in high-growth companies.

Sidley: Barbara Stettner Named As Partner In Securities Enforcement And Regulatory Practice

By Amit Chowdhry ● May 5, 2025

Sidley announced Barbara Stettner has joined the firm’s Securities Enforcement and Regulatory practice in Washington, D.C. Stettner joined from A&O Shearman, where she worked as U.S. Head of Financial Services Regulatory.

Sunoco Buying Parkland Corporation In $9.1 Billion Deal

By Amit Chowdhry ● May 5, 2025

Sunoco and Parkland Corporation announced that they have entered into a definitive agreement under which Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt.

Maridea Wealth: Strategic Investment From 119th Street Capital

By Amit Chowdhry ● May 5, 2025

119th Street Capital - a private investment firm specializing in financial services - announced a strategic investment in Maridea Wealth Management, a leading independent wealth management firm. This funding, made alongside Pelican Capital, will support Maridea’s continued growth, expansion, and commitment to delivering best-in-class advisory services to individuals and families across the US.

Mariner Adding $325 Million Team Hyre Personal Wealth Advisors

By Amit Chowdhry ● May 5, 2025

Mariner, a national financial services firm, announced the acquisition of Hyre Personal Wealth Advisors. This deal adds about $325 million in assets under advisement and establishes the firm’s second office in Columbus, Ohio, and eighth in the Buckeye State.

White & Case: Euan Burrows Named As Partner In London

By Amit Chowdhry ● May 5, 2025

White & Case announced it has expanded its Global Antitrust Practice by adding Euan Burrows as a partner in London. Euan advises on a range of competition law, state aid, and procurement law matters and has experience dealing with the European Commission, the UK Competition and Markets Authority, the UK Competition Appeal Tribunal, and proceedings before the High Court in England.

Ropes & Gray: Nitin Konchady Named As Partner In Finance And Credit Opportunities Practice

By Amit Chowdhry ● May 5, 2025

Ropes & Gray announced that Nitin Konchady, a capital markets lawyer specializing in distressed and special situations capital markets transactions, has joined as a partner in the finance and credit opportunities practice. And he expands the firm’s elite team of established capital solutions, finance, and restructuring lawyers.

Skymel: Interview With Co-Founders Neetu Pathak & Sushant Tripathy on Building Adaptive AI Systems

By Amit Chowdhry ● May 5, 2025

Skymel recently unveiled its Orchestrator Agent (OA) – the industry’s first real-time AI deployment agent – designed to adaptively manage where and how AI models run across both local devices and the cloud. Built on the company’s core NeuroSplit technology, the Orchestrator Agent allows developers to configure infrastructure decisions instantly, eliminating long deployment cycles. Pulse 2.0 spoke with Skymel co-founders Neetu Pathak (CEO) and Sushant Tripathy (CTO) to learn more about their backgrounds, the motivation behind the company, and how their hybrid AI infrastructure is changing the way intelligent applications are built and delivered.

Sevii: Pre-Seed Funding Raised For Autonomous Agentic AI Defense Platform

By Amit Chowdhry ● May 4, 2025

Sevii, a cybersecurity innovator working on a next-generation autonomous agentic AI defense platform, announced the closing of its pre-seed funding round. Overline led the round, which also included 10VC and SaaS Ventures.

Wingspire Equipment Finance: $350 Million Credit Facility Secured

By Amit Chowdhry ● May 4, 2025

Wingspire Equipment Finance announced that it has closed on a $350 million credit facility to expand its financing capabilities for middle-market and sponsor-backed companies. The new warehouse line was offered to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America and Wells Fargo as lenders.

Scamnetic: $13 Million Closed For AI Scam Detection Technology

By Amit Chowdhry ● May 4, 2025

Scamnetic, a company focused on protecting individuals and businesses from digital threats using advanced AI technology, announced it received $13 million in series A funding. Roo Capital led the round, which 1st and Main Growth Partners, SaaS Ventures, and Riptide Ventures also joined. This series A funding round brings the total investment in Scamnetic to $16 million.

Uncork Capital: $300 Million Raised For Investing In Category-Defining Companies

By Amit Chowdhry ● May 4, 2025

Uncork Capital announced the closing of $300 million in new capital across two funds: Uncork VIII, a $225 million seed fund, and Uncork Plus IV, a $75 million growth fund.

Stonepeak Unveils Data Center Company Montera Infrastructure

By Amit Chowdhry ● May 4, 2025

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced Montera Infrastructure's launch, which is a new North American hyperscale-focused data center company with a $1.5 billion equity commitment.

SquareX: $20 Million Raised For Transforming Browser Detection and Response

By Amit Chowdhry ● May 4, 2025

SquareX, a pioneer in Browser Detection and Response (BDR), announced it closed a $20 million in Series A funding led by SYN Ventures, a leading venture capital firm focused on cybersecurity investments, with participation from existing investor Peak XV Partners (formerly Sequoia Capital SEA).