Archives

Qunnect: $10 Million Series A Extension Raised For Quantum Networking Platform

By Amit Chowdhry ● Jun 25, 2025

Qunnect, a company deploying quantum entanglement-based protocols over commercial fiber, announced the closing of an oversubscribed Series A extended financing round of $10 million, led by Airbus Ventures, with additional participation from Cisco Investments and Quantonation. This funding accelerates the company's mission to transform the way communications and networking are done.

BackOps AI: $6 Million Seed Funding Round Raised for Transforming Logistics Automation

By Amit Chowdhry ● Jun 25, 2025

BackOps AI, an AI operations platform transforming supply chain workflows, announced a $6 million seed round led by Construct Capital, with continued support from existing investors Gradient and 10VC. And this brings the company's total funding to $8 million in under a year as it accelerates its mission to become the intelligent operating layer for modern logistics.

Ivy Asset Group: Evergreen Fund Passes $100 Million AUM

By Amit Chowdhry ● Jun 25, 2025

Ivy Asset Group, an established private credit manager based in Charleston, South Carolina, recently announced that its Ivy Evergreen Fund has surpassed $100 million in assets under management (AUM).

Canary Technologies: $80 Million Raised For Advancing Hotel Guest Management Technology

By Amit Chowdhry ● Jun 25, 2025

Canary Technologies, a leader in hotel guest management technology, recently announced it has closed an $80 million Series D round of funding to advance the company's global expansion as a leader in hospitality AI. Brighton Park Capital led the round, with participation from existing investors: Insight Partners, F-Prime Capital, Thayer Ventures, Y Combinator, and Commerce Ventures. This latest investment brings Canary's valuation to about $600 million.

Kirkland: Carolyn Vardi Joins As Partner In Corporate Practice Group

By Amit Chowdhry ● Jun 24, 2025

Kirkland & Ellis announced that Carolyn Vardi has joined the Firm as a partner in the Corporate Practice Group.

Tryperion Holdings: $163 Million Special Situations Real Estate Fund Closed

By Amit Chowdhry ● Jun 24, 2025

Tryperion Holdings, a commercial real estate investment firm specializing in equity and credit opportunities within the U.S. middle market, has announced the final closing of Tryperion RE Fund IV (TREF IV), with a total capital commitment of $163 million.

Nordic Semiconductor Buying Connected Product Cloud Platform Company Memfault

By Amit Chowdhry ● Jun 24, 2025

Nordic Semiconductor, a leader in low-power wireless connectivity solutions, has announced the acquisition of its long-term partner, Memfault, a cloud platform provider for large-scale deployments of connected products.

Xero To Buy Melio In $2.5 Billion Deal

By Amit Chowdhry ● Jun 24, 2025

Xero announced it has entered into a binding agreement to buy 100% of Melio Limited and its associated entities. Melio is a leading SMB bill pay platform that seamlessly integrates Accounting and Payments, providing US SMBs and their accountants and bookkeepers with easy-to-use accounts payable (AP) workflows and many payment methods, helping them gain more visibility and control over their cash flow.

AllSpice.io: $15 Million Series A Raised For Launching AI Agent

By Amit Chowdhry ● Jun 24, 2025

AllSpice.io, a platform for electronics teams to collaborate and automate their workflows, today announced the closing of its $15 million Series A funding round, bringing its total funding to $25 million in venture capital. The recent round was led by Rethink Impact, along with L'ATTITUDE Ventures, GingerBread Capital, and DNX Ventures, as well as continued support from Root Ventures, Benchstrength, and Flybridge.

Obviant: $7.1 Million Raised For Scaling Data Intelligence Platform

By Amit Chowdhry ● Jun 24, 2025

Obviant, a data intelligence platform transforming how industry and government leverage U.S. Department of Defense (DoD) acquisition, contracting, and budgeting data, announced $7.1 million in seed funding. Shield Capital led the round with participation from Motivate Venture Capital, A*, New Vista Capital, Aloft Venture Capital, and Underdog Labs.

Flowdesk: $100 Million Credit Facility Signed For Digital Asset Trading Platform

By Amit Chowdhry ● Jun 24, 2025

Flowdesk, a full-service digital asset trading and technology firm, announced a $100 million credit facility from Two Prime Lending Limited, the secured lending affiliate of Two Prime. This facility will support Flowdesk’s continued global expansion and capital-efficient trading infrastructure.

Paraform: $20 Million Series A Raised For Hiring Marketplace Platform

By Amit Chowdhry ● Jun 24, 2025

Paraform, a hiring marketplace built for elite recruiters, announced its $20 million in Series A funding led by Felicis, with participation from A*, BOND, DST Global, Liquid 2, and notable angels including the co-founders of Canva, Instacart, YouTube, and xAI, along with Shyam Sankar, Harley Finklestein, Mark Pincus, and others. The funding follows a 40 times revenue growth since Paraform’s 2024 seed round, bringing the company’s total funding to $25 million.

Waltz: $50 Million Secured For All-In-One Investment Platform

By Amit Chowdhry ● Jun 24, 2025

Waltz, an all-in-one platform that streamlines U.S. residential real estate financing for foreign national investors, announced it has raised a total of $50 million in equity and debt funding to date, including a new $25 million line of credit.

ForSight Robotics: $125 Million Series B Secured For Eye Surgical Robotics Technology

By Amit Chowdhry ● Jun 24, 2025

ForSight Robotics, a pioneer in ophthalmic robotic surgery, announced it completed a $125 million Series B round led by Eclipse. Along with Eclipse, the funding round included significant participation from an undisclosed strategic investor, Dr. Fred Moll, the Adani Group, Reiya Ventures, and other existing investors. This round brings ForSight Robotics’ total funding to $195 million.

Neuron23: $96.5 Million Series D Raised For Advancing Neurological And Immunological Medicines

By Amit Chowdhry ● Jun 24, 2025

Neuron23 - a clinical-stage biotechnology company focused on developing precision medicines for genetically defined neurological and immunological diseases - announced the closing of a $96.5 million Series D funding round led by a healthcare investor, with significant support from existing investors Westlake Village BioPartners, SoftBank Vision Fund 2, Redmile Group, Blue Owl, Kleiner Perkins, HBM Healthcare Investments, and Acorn Bioventures.

ActiumHealth: Interview With Carter Dunn About The AI-Based Patient Communication Platform

By Amit Chowdhry ● Jun 24, 2025

ActiumHealth is a company that scales human connection with leading enterprise-scale AI agents for patient calls, outreach, and insights. Pulse 2.0 interviewed ActiumHealth COO Carter Dunn to gain a deeper understanding of the company.