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Ferrosa Therapeutics AG, a Swiss biotechnology company focused on treating anemia of inflammation, announced a $3.5 million seed financing round led by Forty51 Ventures. The funding will support the advancement of the company’s first-in-class bispecific antibody program designed to address the underlying biological drivers of anemia of inflammation.

Zócalo Health, a tech-enabled, community-based primary care provider, announced a $15 million Series A funding round, bringing its total funding to $22.75 million. The oversubscribed round was led by EO Ventures, with participation from Talipot and existing investors including Vamos Ventures, Animo Ventures, Acumen America, Sorenson Ventures, BarronKent, and Kapor Center.

Wealthspire, an independent wealth management, institutional advisory, and business management firm, announced that Fiducient Advisors has entered into an agreement to acquire Sellwood Investment Partners, a Portland, Oregon-based investment advisory firm with $11 billion in total assets.

Affix Labs Group B.V., a Dutch green chemtech startup, announced a €1 million funding round led by VP Capital and Oost NL to support the European expansion of its sustainable insect repellent technology.

Celerion, a Lincoln, Nebraska-based global leader in clinical pharmacology and bioanalytical sciences, has announced a majority investment from THL Partners, a private equity firm focused on middle-market growth companies. The investment will support Celerion's continued growth, including expanding its clinical and bioanalytical capabilities and advancing its work helping pharmaceutical and biotechnology partners bring new therapies to patients. The transaction is expected to close in 2026, subject to customary closing conditions, and will be made through THL's flagship Fund IX.

Openly, a Boston-based tech-enabled homeowners insurance provider, has closed a growth investment round and expanded its long-term reinsurance partnership with Allianz Re. The investment round was led by existing investors Eden Global Partners, Advance Venture Partners, and Gradient, with strategic participation from Allianz X. Financial terms were not disclosed. Ardea Partners served as financial advisor to Openly on the transaction.

WealthReach, a New York-based organic growth platform built for registered investment advisors and wealth management firms, has launched Multiply, an AI-powered referral engine that gives advisory firms the systems, coaching, and automation to turn existing client relationships into a consistent source of new business. The launch follows WealthReach's recent acquisition of the intellectual property assets of Model FA, a referral marketing consultancy whose methodologies were developed over decades of hands-on work with advisory firms.

Oncology Ventures, an Austin, Texas-based venture capital firm investing in commercially validated startups transforming cancer care, has announced the close of an oversubscribed $62 million Fund II, nearly double the size of its $32 million Fund I and surpassing its $50 million target. The fund is anchored by Texas Oncology, the largest physician-led oncology-focused practice in America, alongside renewed backing from Moffitt Cancer Center, City of Hope, Atlantic Health, and Cardinal Health, which all participated in Fund I, and new limited partners including Fred Hutch Cancer Center and other leading institutions. The fund's limited partner network collectively treats one in three cancer patients in the United States.

EQT has introduced a dedicated AI Infrastructure strategy focused on building the physical infrastructure underpinning artificial intelligence, seeded by global data center developer and operator EdgeConneX. The strategy will leverage EQT Infrastructure's experience and leadership in digital and energy infrastructure, drawing on a platform that includes more than $100 billion in digital and energy assets globally, an energy pipeline of over 100 gigawatts, more than 90 data centers, and 29 million miles of fiber network deployed worldwide. The strategy is led globally by Jan Vesely and Christoph Balzer.

ALTÉRRA, one of the world's largest private investment vehicles for climate finance, has announced a commitment from its Acceleration Fund to KKR's Global Climate Transition Strategy, expanding its portfolio of strategic partnerships focused on accelerating climate and energy transition investments across North America, Europe, and Asia. Financial terms of the commitment were not disclosed.

Carson Group, an Omaha, Nebraska-based wealth advisory firm managing over $57 billion in assets under management, has acquired Carson Wealth in Murray, Utah, led by Managing Partner and Wealth Advisor Thom Hall, CFP, ChFC. The practice manages approximately $160 million in AUM and becomes Carson's 43rd integrated office.

Modern Wealth Management, a Monterey, California-based registered investment advisor, has announced an asset purchase agreement with Denver-based Brown and Company, a wealth management practice overseeing approximately $1 billion in assets under management that was previously affiliated with LPL Financial. The transaction marks Modern Wealth's 21st acquisition and its second of the year, pushing total AUM past $13 billion. The deal was guided by Alaris Acquisitions.

L Catterton and Patricof Co have announced the formation of CHAMP, short for Champion Athlete Managing Partner, a new strategic partnership designed to pursue consumer brand investments where deeply aligned athlete involvement can accelerate growth. More than 250 elite athletes have already partnered with CHAMP as co-owners of portfolio companies, including Cooper Flagg, Kevin Durant, Joe Burrow, Dak Prescott, Ja'Marr Chase, Justin Jefferson, Mike Trout, Livvy Dunne, and others across professional basketball, football, baseball, golf, and polo.

Vertical Bridge REIT, the largest private owner and operator of communications infrastructure in the United States, has announced a $1.5 billion equity investment from global investment firm KKR. The transaction establishes a fully funded, long-term capital structure to support Vertical Bridge's strategic plan, including organic development and selective mergers and acquisitions. Existing sponsors DigitalBridge and La Caisse also participated in the equity investment and remain committed long-term partners.

BLP Digital, a Zurich-based provider of agentic AI-based enterprise resource planning automation, has received a $50 million investment from Growth Equity at Goldman Sachs Alternatives. The secondary transaction values BLP Digital's profitable growth, strong customer traction, and leadership in AI-driven enterprise process automation. The company currently serves more than 450 corporate customers across more than 40 countries.

Advisor360, a Needham, Massachusetts-based AI-native operating system for the advisor experience, has announced a partnership with Conquest Planning, a Winnipeg-based financial planning software company, to embed financial planning capabilities directly within the Advisor360 platform. The integration is designed to eliminate the fragmentation that currently characterizes financial planning workflows for most advisory firms, where advisors move between disconnected systems, re-enter data manually, and lose context as they transition from plan creation to execution and client service.

Citi Wealth has unveiled Citi Sky, an always-on AI-powered member of the Citi Wealth team built using technology from Google Cloud and Google DeepMind, designed to transform how clients access market insights, act on financial opportunities, and engage with their advisors. Announced at the Google Cloud Next 2026 conference in Las Vegas, Citi Sky will be made available to Citigold clients in the United States beginning this summer in a phased rollout.

Blackstone's secondaries business, Strategic Partners, crossed the $100 billion assets under management milestone during the first quarter of 2026, cementing its position as one of the largest players in the global secondary market for private fund stakes.

Cohere, a Toronto-based enterprise AI company, and Aleph Alpha, a Heidelberg-based European sovereign AI provider, have announced plans to merge and form a transatlantic AI powerhouse focused on delivering sovereign, enterprise-grade AI to governments and regulated industries. As part of the announcement, the companies of Schwarz Group, the international retail conglomerate behind Lidl and Kaufland, have committed $600 million (€500 million) in structured financing as lead investor in Cohere's upcoming Series E funding round, which is already attracting additional interest from institutional investors. The merger is subject to approval by Aleph Alpha shareholders and competent authorities.

Pyramid Analytics provides an AI-driven, unified Decision Intelligence Platform that enables organizations to instantly prepare, model, and analyze data from multiple sources. The platform allows technical and non-technical users to generate actionable insights, fostering faster, data-backed business decisions. When ServiceNow announced its intent to acquire Pyramid Analytics in February 2026, commentators on the AI and BI ecosystems hypothesized that the larger company’s agentic systems would soon be able to act on the data insights generated by Pyramid. Pulse 2.0 interviewed Omri Kohl, Pyramid’s co-founder and CEO, to learn more about the history of his company and the potential of “insights to action.”

Iridius, a compliance-by-design AI platform for regulated workflow execution, has raised $8.6 million in seed funding led by Chalfen Ventures, with participation from Osage Venture Partners, Accenture Ventures, and Rock Yard Ventures. Separately, Accenture has also made a strategic investment in Iridius through Accenture Ventures and announced a partnership to support life sciences organizations in scaling AI adoption with compliance, traceability, and auditability embedded at every stage.

Truvista Fiber announced an agreement to acquire the municipal telecommunications network operated by the City of Commerce, marking a strategic expansion of its broadband footprint and a transition aimed at enhancing connectivity for local businesses and institutions.

TekStream announced it has acquired the cybersecurity business of ImagineX, bringing together advisory, governance, exposure management, and security operations capabilities under a unified digital resilience model.

Ionetix announced it has raised more than $30 million through a private placement offering priced at $3.00 per share, alongside completing a reverse merger that enables the company to go public.

Presidio Investors has completed a strategic investment in Edge Home Finance, a Minnetonka, Minnesota-based mortgage brokerage platform focused on empowering loan originators through technology and operational support. Financial terms of the investment were not disclosed.

Airbus has entered into an agreement to acquire Quarkslab, a Paris-based cybersecurity firm specializing in protecting critical systems, software, and data from sophisticated cyber threats. The transaction is subject to regulatory approvals and consultation with employee representatives and is expected to close in 2026. Financial terms were not disclosed.

Oscar Health has announced that independent director Siddhartha Sankaran will become Chair of the Board effective June 4, 2026, succeeding Jeffery Boyd, who is not standing for reelection at the company's Annual Meeting. Sankaran has served on Oscar Health's Board for five years and brings more than two decades of leadership experience in the insurance sector, having held executive roles at American International Group, SiriusPoint, and FWD Group, and served on multiple boards.

IBM and Adobe have deepened their partnership to deliver AI-powered customer experience orchestration solutions across industries, pairing Adobe's Customer Experience Orchestration capabilities with IBM's agentic AI platform and watsonx governance tools. The collaboration was announced at Adobe Summit, where IBM also received the 2026 Adobe Customer Experience Orchestration AI Technology Partner of the Year award for IBM watsonx.

Snap Finance, a Salt Lake City-based fintech platform focused on expanding consumer access to financing and driving retailer growth, has appointed Lisa Young as Executive Vice President and Chief Legal Officer and Todd Mayhew as Executive Vice President and Chief Human Resources Officer. The additions underscore the company's continued investment in experienced executive leadership as it expands its platform and capabilities to better serve consumers and merchant partners.

SoundHound AI has entered into a definitive agreement to acquire LivePerson, combining voice-based agentic AI with digital messaging capabilities to create an end-to-end omnichannel conversational AI platform. The transaction carries an equity value of $43 million, representing approximately a 22% premium over LivePerson's 30-day volume-weighted average value, and implies a total enterprise value of approximately $250 million after debt adjustments. The deal is expected to close in the second half of 2026, subject to regulatory approvals and customary closing conditions.