Archives

TCab Tech: Series B+ Funding Raised For Commercializing E20 eVTOL In Low-Altitude Economy

By Amit Chowdhry ● Apr 1, 2025

TCab Tech, a company that is developing electric vertical takeoff and landing (eVTOL) aircraft, announced the completion of B+ round financing. The funding round was co-led by Grand Neo Bay Venture Capital and Chiforturne Venture Capital, both capitals will provide strategic support to the company supporting the company's commercialization efforts in the low-altitude economy across Shanghai and the Yangtze River Delta region. To date, TCab Tech raised around $100 million in total funding.

BuildVision: $10 Million (Series A) Secured For Commercial Construction Procurement

By Amit Chowdhry ● Apr 1, 2025

BuildVision, a commercial construction procurement platform, announced it closed on a $10 million Series A round of funding led by Norwest Venture Partners with participation from existing investor Crosslink Capital. This funding round raises the funding to $13.8 million.

Aqemia: $7.4 Million Grant Secured To Advance Epitranscriptomics Programs

By Amit Chowdhry ● Apr 1, 2025

Aqemia announced it is broadening and accelerating its computational platform to target RNAs using its physics-enabled generative AI engine. Creating on successes in epitranscriptomics, Aqemia looks to develop novel small-molecule drugs against this emerging and promising class of therapeutic targets. And in parallel with advancing RNA-focused initiatives, the company continues to drive innovation in its broader pipeline, including protein-targeting programs.

GSME: $18 Million Growth Investment Secured

By Amit Chowdhry ● Apr 1, 2025

GS Microelectronics (GSME), a leader in advanced manufacturing solutions, announced that it has secured $18 million in growth investment from a consortium of strategic partners and technology funds. This investment will advance GSME's ambitious growth plans, including portfolio diversification, global service business expansion, and the development of its cutting-edge Analog and RF IP products.

OpenAI: $40 Billion Raised At $300 Billion Post-Money Valuation

By Amit Chowdhry ● Apr 1, 2025

OpenAI announced it has closed $40 billion in funding at a $300 billion post-money valuation. SoftBank is leading the funding round, and several other backers, such as Microsoft, Coatue, Altimeter, and Thrive, are joining them.

Spectrum Vascular: Strategic Investment Raised From SK Capital

By Amit Chowdhry ● Mar 31, 2025

Spectrum Vascular - a provider of vascular access and medication management products designed to reduce health care-acquired infections - announced a strategic investment by an affiliate of New York-based private investment firm SK Capital Partners.

XGS Energy: $13 Million Secured For Accelerating Advanced Geothermal Deployment

By Amit Chowdhry ● Mar 31, 2025

XGS Energy, a developer of next-generation geothermal power projects utilizing a proprietary water-independent technology, announced that it has closed $13 million in new financing. And the over-subscribed round included new investors Aligned Climate Capital, ClearSky, ClimateIC, and WovenEarth Ventures, in addition to inside investors. This financing builds on a round led by Constellation Technology Ventures, VoLo Earth Ventures, and Valo Ventures last year.

Gable: $20 Million (Series A) Raised For Scaling Data Management Platform

By Amit Chowdhry ● Mar 31, 2025

Gable, a creator of the first shift left data management platform enabling software and data developers to iteratively build and manage high-quality data assets, announced it has raised $20 million in Series A funding. The funding was led by Crane Venture Partners, with participation from Zetta Venture Partners, Databricks Ventures, B Capital, Capital One Ventures, In-Q-Tel (IQT), and angel investors, including Barr Moses and Tristan Handy.

Underdog: First Close Of Series C At Over $1.225 Billion Valuation

By Amit Chowdhry ● Mar 31, 2025

Spark Capital announced recently that it is leading Underdog’s Series C funding round, with a $70 million first close on a round expected to exceed $100 million. The funding round values Underdog – the fastest-growing sports gaming company in the U.S. at $1.225 billion pre-money, nearly tripling its Series B valuation from 2022.

Isomorphic Labs: $600 Million Raised For Developing AI Drug Design Engine

By Amit Chowdhry ● Mar 31, 2025

Isomorphic Labs, an AI-first drug design and development company, announced it has raised $600 Million in its first external funding round. The funding round is led by Thrive Capital, with participation from GV, and follow-on capital from existing investor Alphabet.

Olympus Partners: Eighth Fund Raised At $3.5 Billion

By Amit Chowdhry ● Mar 31, 2025

Olympus Partners recently announced the formation of its eighth institutional private equity fund Olympus Growth Fund VIII. The total capital in Olympus Growth Fund VIII (including discretionary pools) is $3.5 billion.

Divert: Over $90 Million Secured For Scaling Infrastructure

By Amit Chowdhry ● Mar 31, 2025

Nuveen Energy Infrastructure Credit (part of the $1.3 trillion asset manager of TIAA) and Divert (a circular economy company on a mission to prevent food from being wasted) announced significant financing to scale infrastructure advancing food system circularity in the southeast U.S. Nuveen Energy Infrastructure Credit’s investment includes over $90 million to fund the development of Divert’s Integrated Diversion & Energy Facility in Lexington, North Carolina, one of 30 facilities the company intends to develop nationwide to address the wasted food crisis.

Imprint: Over $500 Million Credit Facility Secured

By Amit Chowdhry ● Mar 31, 2025

Imprint, a leading provider of modern co-branded credit cards, announced the closing of a $500 million warehouse facility led by Mizuho, Truist Bank, and HSBC. And this facility brings Imprint’s total lending capacity to approximately $1 billion, enabling Imprint to increase lending to the iconic partner brands in its portfolio, and the numerous brand partnerships in the pipeline.

Retym: $180 Million Raised For Driving AI Infrastructure Innovation

By Amit Chowdhry ● Mar 31, 2025

Retym (pronounced Re-Time) - a leading semiconductor firm - announced it has emerged from stealth with over $180 million raised across multiple rounds to drive AI Infrastructure Innovation. In the latest funding round, the company secured $75 million in Series D funding, led by Spark Capital.

Waterous Energy Fund: Third Private Equity Fund Closed At C$1.4 Billion

By Amit Chowdhry ● Mar 31, 2025

Waterous Energy Fund (WEF) announced the final closing of its third private equity fund, Waterous Energy Fund III, at the target of C$1.4 billion (about US$1 billion).

Construct Capital: $300 Million Fund III Closed For Transforming Foundational Industries

By Amit Chowdhry ● Mar 31, 2025

Construct Capital - an early-stage venture capital firm backing entrepreneurs transforming Foundational Industries through technology - announced the closing of its $300 million Fund III. And with this new fund, the firm will continue its focus on revitalizing sectors — including manufacturing, logistics and transportation, defense, and energy — that have been neglected and underfunded for decades.

Barings: $70.2 Million Financing For Tracy 205 Logistics Center In California

By Amit Chowdhry ● Mar 31, 2025

Leading investment manager Barings announced that it has provided a $70.2 million loan to refinance Tracy 205 Logistics Center, a recently delivered industrial building in northern California's Northern Central Valley submarket.

Temporal Technologies: $146 Million Raised At $1.72 Billion Valuation To Advance Agentic Workloads Globally

By Amit Chowdhry ● Mar 31, 2025

Temporal Technologies, the inventors of open-source durable execution platform Temporal.io and Temporal Cloud, announced $146 million in Series C funding at a $1.72 billion post-money valuation. And the round - which brings Temporal’s total funding to $350 million - was led by Tiger Global with participation from StepStone Group, Amplify Partners, Index Ventures, MongoDB Ventures, Sequoia Capital, Conversion Capital, Hanwha Next Generation Opportunity Fund, and 137 Ventures.

Vigloo: $86 Million Raised To Expand Short-Form Drama Platform Into U.S. Market

By Amit Chowdhry ● Mar 31, 2025

Vigloo, a destination for immersive short-form dramas from Korean content platform company SpoonLabs, announced its expansion into the U.S. market. The platform aims to establish itself as a leader in the rapidly growing short-form streaming industry. Driven by $86 million from South Korea's gaming giant Krafton, it invests heavily in 100+ English-language originals, tapping into surging demand for short-form and mobile-first content in America. Originating in Asia, short-form drama platforms are expanding worldwide, with the U.S. emerging as a key market.

Tribune Therapeutics: €37 Million Raised For Treating Root Causes Of Fibrotic Diseases

By Amit Chowdhry ● Mar 31, 2025

Tribune Therapeutics - a biotechnology company dedicated to treating the root causes of fibrotic diseases - announced it has raised €37 million in seed and Series A funding to advance a portfolio of therapies targeting central drivers of scar tissue formation. And the funding includes a €23 million Series A led by new investor LifeArc Ventures and joined by seed investors Novo Holdings, HealthCap, Innovestor’s Life Science Fund, and Inven2, as well as new Series A investors Industrifonden and Investinor.

Savara: Loan & Security Agreement Signed For Up To $200 Million With Hercules Capital

By Amit Chowdhry ● Mar 31, 2025

Savara - a clinical-stage biopharmaceutical company focused on rare respiratory diseases - announced that it has entered into a loan and security agreement with Hercules Capital for up to $200 million. And access to the additional capital strengthens Savara’s balance sheet following the submission of the Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for MOLBREEVI as a treatment for autoimmune pulmonary alveolar proteinosis (aPAP).

Hudson Pacific Completes $475 Million CMBS Financing

By Amit Chowdhry ● Mar 31, 2025

Hudson Pacific Properties, a provider of end-to-end real estate solutions, announced the completion of a commercial mortgage-backed securities (CMBS) financing for a portfolio of six office properties with total gross proceeds of $475 million. The portfolio, which features assets throughout the company’s West Coast markets, includes 11601 Wilshire, Element LA, 450 Alaskan, 5th & Bell, 275 Brannan, and 1740 Technology.

Mercury: $300 Million (Series C) Raised At $3.5 Billion Valuation To Advance Fintech Platform

By Amit Chowdhry ● Mar 31, 2025

Mercury, the fintech platform companies use for banking, credit cards, and software to power all their financial workflows, announced a $300 million Series C investment round from existing and new investors. The funding round, led by new investor Sequoia Capital, includes primary and secondary funding and values Mercury at $3.5 billion post-money, more than double its previous Series B valuation of $1.6 billion in 2021. Other new investors include Spark Capital and Marathon and participation from existing investors Coatue, CRV, and Andreessen Horowitz.

Rocket Companies Buying Mr. Cooper In $9.4 Billion Deal

By Amit Chowdhry ● Mar 31, 2025

Detroit-based Rocket Companies announced a definitive agreement to acquire Mr. Cooper Group in an all-stock transaction for $9.4 billion in equity value, based on an 11x exchange ratio.

Jus Mundi: Interview With Head of Americas Annie Lespérance About The AI-Based Legal Platform Company

By Amit Chowdhry ● Mar 31, 2025

Jus Mundi is a company that leverages AI to democratize legal knowledge and empower global legal professionals. And by offering accelerated productivity, comprehensive legal intelligence, and data-driven solutions for arbitration and business development, we connect legal ecosystems to drive impactful results and power global justice through technology. Pulse 2.0 interviewed Jus Mundi Head of Americas Annie Lespérance to learn more about the company.

Phoenix Service Partners: Investment Raised From SCF Partners

By Amit Chowdhry ● Mar 31, 2025

SCF Partners announced its investment in Phoenix Service Partners, a service company specializing in high-horsepower, low-emission natural gas compression. And industry veterans Randy Dean (CEO) and Rick Childress (COO) founded Phoenix in 2024. The team had previously built and led two of the industry’s most successful contract compression companies: CDM Resource Management and Pegasus Optimization Managers. This partnership with SCF provides capital and strategic support to build Phoenix into an industry leader.

Distributional: Interview With Co-Founder & CEO Scott Clark About The Enterprise AI Testing Company

By Amit Chowdhry ● Mar 31, 2025

Distributional is a modern platform for enterprise AI testing and evaluation to make AI safe, reliable, and secure. Pulse 2.0 interviewed Distributional co-founder and CEO Scott Clark to learn more about the company.

elea: €4 Million Raised For AI-Based Healthcare Platform

By Amit Chowdhry ● Mar 31, 2025

elea—an immersive AI platform built to change how healthcare professionals provide life-saving diagnoses and care—announced recently it has raised €4 million from Fly Ventures and Giant Ventures and announced a milestone partnership with one of Germany’s largest, most critical MVZ (Medizinische Versorgungszentrum) hospital groups.

Capitala Group: Oversubscribed Fund Closed With $1 Billion In Commitments

By Amit Chowdhry ● Mar 31, 2025

Capitala Group - a leading private markets investment firm providing capital solutions to lower middle-market companies - announce that its latest fundraise was oversubscribed with over $1 billion in commitments, including leverage, and separately managed accounts. Capitala invests debt and equity capital into small businesses located throughout the U.S.

3650 Capital: $215 Million Secured From CalSTRS And Mubadala

By Amit Chowdhry ● Mar 31, 2025

3650 Capital (3650) - a nationwide alternative commercial real estate lender, special servicer and solutions provider focused on originating, servicing and asset-managing loans and providing advisory support to global institutions - announced that it has secured $215 million in fresh capital commitments from repeat investors the California State Teachers’ Retirement System (CalSTRS) and Mubadala Investment Company. The new capital will be allocated across 3650’s lending strategies and support multiple investment products.