Archives

First Due: $355 Million Raised To Advance Public Safety Technology

By Amit Chowdhry ● Aug 6, 2025

First Due, a leading all-in-one software platform for public safety agencies, has secured a significant $355 million strategic minority growth investment. The funding round was led by JMI Equity, with participation from TCV and continued support from Serent Capital.

Allegion Buying UK Security Provider UAP

By Amit Chowdhry ● Aug 6, 2025

Allegion, a leading global provider of security products, has acquired UAP Group Limited (UAP), a prominent security solutions company based in the UK.

Glassbox: Investment Secured From Poalim Equity To Boost AI In Financial Services

By Amit Chowdhry ● Aug 6, 2025

Glassbox, a leading provider of digital experience analytics for financial institutions, has secured a minority investment from Poalim Equity, the investment arm of Israel's largest financial group, Bank Hapoalim.

Brightstar Capital Partners Acquires Analyte Health

By Amit Chowdhry ● Aug 6, 2025

Brightstar Capital Partners, a private equity firm, has acquired Analyte Health, a technology-driven, direct-to-consumer digital health company. As part of the deal, Fiyyaz Pirani, Analyte's founder, will remain CEO and maintain a significant ownership stake.

Joby Aviation To Buy Blade’s Passenger Business In $125 Million Deal

By Amit Chowdhry ● Aug 6, 2025

Joby Aviation, a developer of electric air taxis, has agreed to acquire Blade Air Mobility's urban air mobility passenger business. The acquisition will provide Joby with immediate access to key urban markets, including New York City and Southern Europe. It will enable it to leverage Blade’s extensive experience in passenger transportation. Blade’s Medical division is not part of the deal and will remain a separate, publicly traded company.

Employee Navigator Secures $100 Million Investment For HR Platform

By Amit Chowdhry ● Aug 6, 2025

Employee Navigator, a provider of benefits administration and HR software, has completed a $100 million funding round from its existing investors, JMI Equity and Spectrum Equity.

LRS Acquires GHW to Enter Indianapolis Market

By Amit Chowdhry ● Aug 6, 2025

LRS, a major provider of waste diversion, recycling, and environmental solutions, has announced the acquisition of GHW, a local waste company based in Indianapolis. This acquisition marks a strategic expansion for LRS into the Indianapolis market.

Circet USA Acquires SourceOne, Boosting Telecom Engineering Capabilities

By Amit Chowdhry ● Aug 6, 2025

Circet USA, a provider of network infrastructure services, has acquired SourceOne, a utility consultant specializing in outside plant engineering and design for the telecom and utility sectors. This strategic acquisition enhances Circet USA's ability to offer end-to-end infrastructure solutions nationwide.

Moonshine AI Raises Funding To Advance On-Device Voice AI

By Amit Chowdhry ● Aug 6, 2025

Moonshine AI, a startup developing voice AI solutions that run directly on devices, has secured investments from venture capital firm Wing VC and IQT, a strategic investor for the U.S. national security community.

Mission Bio: Equity Funding Raised To Expand Single-Cell Tri-omics Platform

By Amit Chowdhry ● Aug 6, 2025

Mission Bio, a leader in single-cell multi-omics solutions, has completed an equity financing round led by Ally Bridge Group. The funding follows significant traction with biopharma customers and recent platform innovations.

Spire To Buy Piedmont Natural Gas’ Tennessee Business For $2.48 Billion

By Amit Chowdhry ● Aug 6, 2025

Spire has entered an agreement to acquire the Tennessee-based natural gas business of Piedmont Natural Gas, a subsidiary of Duke Energy. The deal, valued at $2.48 billion, will add over 200,000 customers in the Nashville area to Spire's portfolio.

NG.CASH: $26.5 Million Series B Raised For Fintech Platform

By Amit Chowdhry ● Aug 6, 2025

NG.CASH, a Brazilian fintech platform, has closed a $26.5 million Series B funding round. The investment was led by New Enterprise Associates (NEA), with participation from several other investors, including Quantum Light, Monashees, and Andreessen Horowitz (a16z).

Grasshopper: $46.6 Million Raised For Full Service Digital Bank

By Amit Chowdhry ● Aug 6, 2025

Grasshopper, a full-service digital bank, has completed a $46.6 million funding round led by Patriot Financial Partners LP, with additional participation from Glendon Capital Management. This investment supported the bank's merger with Auto Club Trust, FSB in April 2025 and will be used to expand its digital platform and product offerings for both businesses and consumers.

August: $7 Million Raised For Bringing Configurable AI To Law Firms

By Amit Chowdhry ● Aug 6, 2025

August, an AI platform designed for midsize law firms, has raised $7 million in a funding round led by NEA and Pear VC. The company also unveiled new configurable AI workflows that can be customized to a firm’s specific tasks and regional requirements.

Dextra Partners: Co-Investment Fund Closed At $825 Million

By Amit Chowdhry ● Aug 6, 2025

Dextra Partners, a private equity firm, has closed its Dextra Co-investment Fund VII at its hard cap of $825 million. The fund has exceeded its initial target of $650 million, bringing the firm’s total assets under management to approximately $5 billion.

One Equity And Warburg Pincus Selling Eco Material Technologies To CRH For $2.1 Billion

By Amit Chowdhry ● Aug 6, 2025

One Equity Partners (OEP), Warburg Pincus, and Green Cement Investments have reached an agreement to sell Eco Material Technologies to CRH for a total of $2.1 billion. Eco Material Technologies is a leading independent supplier of Supplementary Cementitious Materials (SCMs) in North America.

Clay: $100 Million Series C Raised At $3.1 Billion Valuation For AI-Based GTM Development Platform

By Amit Chowdhry ● Aug 6, 2025

Clay, an AI-based go-to-market (GTM) development platform, has announced a $100 million Series C funding round, bringing its valuation to $3.1 billion. The round was led by CapitalG, Alphabet's independent growth fund, with participation from existing investors including Sequoia Capital and Meritech Capital. This new investment brings the company's total funding to $204 million.

Grant Thornton: Marc Chase Joins To Lead Private Equity Practice

By Amit Chowdhry ● Aug 6, 2025

Grant Thornton has announced that Marc Chase has joined the firm as its new leader of the Private Equity practice. In this role, Chase will be responsible for the growth, strategy, and operations of the firm's private equity industry practice.

Capital Group And KKR Partnering To Launch Public-Private Equity Fund

By Amit Chowdhry ● Aug 6, 2025

Capital Group and KKR, two major global investment firms, are expanding their partnership to increase access to private markets. Capital Group has filed a registration statement with the SEC for its first public-private equity interval fund, Capital Group KKR U.S. Equity+.

Zettabyte: Strategic Investment Raised From Lam Capital

By Amit Chowdhry ● Aug 6, 2025

Zettabyte, a fast-growing innovator in AI data center infrastructure software, has announced a strategic investment led by Lam Capital, the corporate venture arm of Lam Research Corp. The funding round also included participation from Wistron, Foxconn, and Pegatron.

SpendHQ: $10 Trillion In Spend Analyzed

By Amit Chowdhry ● Aug 6, 2025

SpendHQ, a provider of procurement intelligence solutions, announced it has analyzed over $10 trillion in spend on its platform. This milestone underscores the company’s scale and the trust it has established with procurement teams worldwide. This large volume of data enhances its AI capabilities, helping organizations make faster and more informed decisions.

Deciens Capital: $93.33 Million Fund III Closed To Invest In Fintech

By Amit Chowdhry ● Aug 6, 2025

Deciens Capital, a venture capital firm specializing in financial services, has successfully closed its third fund, Fund III, with $93.33 million in limited partner commitments. This brings the firm's total assets under management to $290 million.

D-Tools: $12 Million Series C Raised To Enhance Business Management Software

By Amit Chowdhry ● Aug 6, 2025

D-Tools, a provider of business management software for systems integrators, has secured a $12 million Series C investment. The funding round was led by John Heyman, a technology executive and investor, through his new company StellarIQ. Existing majority investor Greybull Stewardship also participated.

4AG Robotics: $40 Million Raised To Advance Autonomous Mushroom Harvesting

By Amit Chowdhry ● Aug 6, 2025

4AG Robotics, a pioneer in autonomous mushroom harvesting, has announced the closure of a C$40 million Series B funding round. The investment was led by Astanor and Cibus Capital, with participation from new and existing investors, bringing the company’s total capital raised to $57.5 million in the last two years.

Seal Security: $13 Million Series A Raised For Application Security Solutions

By Amit Chowdhry ● Aug 6, 2025

Seal Security, a provider of application security solutions specializing in securing open-source components, has raised $13 million in a Series A funding round. This new investment brings the company’s total funding to $20 million. The funding round was led by Vertex Israel, with participation from Crew Capital, More Investments, SBI Group, and CCL.

Expanse: $18 Million Inaugural Fund Announced

By Amit Chowdhry ● Aug 6, 2025

Expanse, a new asset management firm with a family office perspective, has announced the launch of its inaugural $18 million fund. The fund will invest in a diverse portfolio of businesses that utilize technologies such as AI and machine learning.

Prelude Growth Partners: Consumer-Focused $600 Million Third Fund Closed

By Amit Chowdhry ● Aug 6, 2025

Prelude Growth Partners, a growth equity firm that invests in consumer brands, has announced the final close of its third fund, Prelude Growth Partners III, L.P.

Wealthcare: $9 Billion In AUM Surpassed

By Amit Chowdhry ● Aug 6, 2025

Wealthcare Capital Management, a technology-enabled RIA for independent financial advisors, has secured a new financial partner and achieved significant growth in the first half of 2025. The company's new partner is Sammons Financial Group, which acquired Wealthcare from its previous partner, NewSprings Holdings, in July.

Fortifi Capital Deploys Over $175 Million In Small Business Funding

By Amit Chowdhry ● Aug 6, 2025

Fortifi Capital, a rapidly growing provider of working capital solutions for small businesses, announced that it has deployed over $175 million in funding across the United States. This significant milestone coincides with the company's two-year anniversary.

MAVRK Capital: First Close On New Fund Closed To Aid Global Produce Growers

By Amit Chowdhry ● Aug 6, 2025

MAVRK Capital has announced the first close of its second fund, which is aimed at international produce growers. This new capital will enable the firm to unlock the global private credit market for perishable agricultural products.