Archives

Magentic: $5.5 Million Raised For AI Agent Platform

By Amit Chowdhry ● Yesterday at 12:44 AM

Magentic, an AI Agent Platform that hunts and delivers savings in manufacturing supply chains, announced a $5.5 million funding round led by Sequoia Capital. The raise, including participation from The Westly Group, First Momentum Ventures, and angel investors from SAP, Airbus, McKinsey & Company, Hugging Face, Ironclad, and Rosberg Ventures, will boost growth.

RA Capital Management: $120 Million Planetary Health Fund Closed

By Amit Chowdhry ● Yesterday at 12:38 AM

RA Capital Management closed its inaugural Planetary Health Fund (PHF) with $120 million to invest in high-growth companies that improve resource availability, energy innovation, and industrial productivity. The fund supports scalable solutions that enhance planetary health, leveraging RA Capital's two decades of evidence-based investing and company-building expertise.

AbsoluteCare: $135 Million Investment Raised For Integrated Healthcare

By Amit Chowdhry ● Yesterday at 12:34 AM

AbsoluteCare, a leader in value-based healthcare, has secured $135 million from investors, including Kinderhook Industries, CVS Health Ventures, Pacific Life, and Lexington Partners, to expand and improve its operations.

Delve: $32 Million Series A Raised For Building AI Agents For Compliance

By Amit Chowdhry ● Yesterday at 12:30 AM

Delve revealed a $32 million Series A funding round led by Insight Partners, with participation from CISOs at Fortune 500 firms. This investment supports Delve's goal of eliminating compliance busywork by utilizing AI agents that handle compliance tasks behind the scenes.

Composio: $29 Million Raised For Learning Infrastructure Platform

By Amit Chowdhry ● Yesterday at 12:25 AM

Composio announced $25 million in Series A funding led by Lightspeed Venture Partners to address a key AI limitation: their inability to learn from experience. Industry leaders like Guillermo Rauch, Dharmesh Shah, Gokul Rajaram, and Soham Mazumdar participated, along with investors SV Angel, Blitzscaling Ventures, Operator Partners, and Agent Fund. Existing investors Elevation Capital and Together Fund also contributed, totaling $29 million.

Lumotive: Investment Raised From Amazon And ITHCA

By Amit Chowdhry ● Yesterday at 12:21 AM

Lumotive, a pioneer in programmable optical semiconductor tech, announced investments from Amazon Industrial Innovation Fund and ITHCA Group.

Polymarket Buying CFTC-Licensed Exchange And Clearinghouse QCEX For $112 Million

By Amit Chowdhry ● Yesterday at 12:16 AM

Polymarket, one of the largest prediction markets, announced it has acquired the holding company of a derivatives exchange licensed by the Commodity Futures Trading Commission (QCX, LLC) and its clearinghouse (QC Clearing) for $112 million.

Chorus Aviation To Buy Elisen & Associates

By Amit Chowdhry ● Yesterday at 12:11 AM

Chorus Aviation announced its plan to acquire Elisen & Associates, a Montreal-based leader in aerospace engineering and certification services.

Vicinity Buys DanTech Services To Enhance Operational Depth

By Amit Chowdhry ● Yesterday at 12:08 AM

Vicinity acquired DanTech Services, combining two top Managed IT providers into a single, performance-driven tech organization. This move boosts Vicinity’s growth, operational reach, and ability to deliver enterprise solutions quickly and reliably.

Accenture Buys Aristal To Enhance Banking Capabilities In Malaysia

By Amit Chowdhry ● Yesterday at 12:05 AM

Accenture acquired Aristal, a Malaysia-based consulting firm specializing in financial services, marking its first banking-focused deal in the country.

Everlab: $10 Million Seed Closed For AI-Based Preventive Healthcare

By Amit Chowdhry ● Yesterday at 12:01 AM

Everlab, an AI health platform, announced a US$10 million seed round led by Left Lane Capital to expand internationally, develop its AI healthtech, and build a product ecosystem for lifelong proactive care.