Archives

Aon: Andy Marcell Named As CEO Of Global Solutions

By Amit Chowdhry ● Jun 3, 2025

Aon announced that the firm has appointed Andy Marcell to serve as CEO of Global Solutions. And as CEO of Global Solutions, Marcell now heads Aon's integrated Risk Capital and Human Capital capabilities across the firm's Reinsurance, Commercial Risk, Health, Wealth, and Talent teams.

Snowflake Buying Crunchy Data To Help Enterprises Deploy Compliant AI Agents

By Amit Chowdhry ● Jun 3, 2025

Snowflake announced its intention to acquire Crunchy Data, a leading provider of trusted, open-source Postgres technology and products. This deal will bring Snowflake Postgres, the AI-ready, enterprise-grade, and developer-friendly PostgreSQL database to the AI Data Cloud, enabling developers with the full power of Postgres while providing the uncompromising governance, security, and operational standards essential for building and running mission-critical AI applications.

Partners Group: Anastasia Amoroso Named As Managing Director & Chief Investment Strategist

By Amit Chowdhry ● Jun 3, 2025

Partners Group, which is one of the largest firms in the global private markets industry, has appointed Anastasia Amoroso as Managing Director and Chief Investment Strategist for Private Wealth and Retirement.

Braze: Acquisition Of OfferFit Completed

By Amit Chowdhry ● Jun 3, 2025

Braze, a leading customer engagement platform, announced the completion of its previously announced acquisition of OfferFit, an AI decisioning company.

SunCoke Energy Buying Phoenix Global In $325 Million Deal

By Amit Chowdhry ● Jun 3, 2025

SunCoke Energy announced that it has entered into a definitive merger agreement under which SunCoke (a supplier of high-quality metallurgical coke and logistics services) will buy all of the common units of Flame Aggregator - which together with its subsidiaries operates as Phoenix Global (a privately held provider of mission-critical mill services to major steel producing companies) for $325 million on a cash free / debt free basis. And SunCoke will fund the $325 million transaction with existing cash and availability under its undrawn revolving credit facility.

ClickHouse: $350 Million Series C Raised For Columnar Database Management Platform

By Amit Chowdhry ● Jun 3, 2025

ClickHouse - a leader in real-time analytics, data warehousing, observability, and AI/ML - announced it has raised $350 million in Series C funding. The funding round was led by Khosla Ventures, with participation from new investors BOND, IVP, Battery Ventures, and Bessemer Venture Partners, as well as existing investors including Index Ventures, Lightspeed, GIC, Benchmark, Coatue, FirstMark, and Nebius.

Antares: $1.2 Billion Private Credit Continuation Vehicle Closed

By Amit Chowdhry ● Jun 3, 2025

Antares Capital and Ares Management announced the closing of Antares’ first continuation vehicle with over $1.2 billion in commitments. The deal was led by Ares Credit Secondaries funds, along with a commitment from Antares.

Appian: Connected Claims 2.0 Launched To Enhance Insurance Claims Management With AI

By Amit Chowdhry ● Jun 3, 2025

Appian announced the launch of Connected Claims 2.0 - which is an AI-based solution designed to provide a unified claims workflow. Connected Claims 2.0 utilizes Appian's Case Management Studio, AI agents, and data fabric to offer streamlined, data-driven, and AI-based automated processes.

Minset: Seed Funding Raised For Addressing Healthcare Revenue Cycle Problem

By Amit Chowdhry ● Jun 3, 2025

Minset, a company behind the first multi-skilled agentic AI platform purpose-built for healthcare revenue cycle management, announced a seed funding round led by leading digital health venture firm HealthX Ventures.

Ripple Fiber: Debt Capacity Expanded To $350 Million

By Amit Chowdhry ● Jun 3, 2025

Ripple Fiber, a Charlotte-based provider of high-speed fiber internet services, announced it has secured a significant expansion of its existing credit facility to $350 million. Led and arranged by Post Road Group, this agreement is a significant increase in the company’s debt capacity and a vote of confidence, providing substantial resources to support Ripple Fiber’s accelerated network deployment across the US.

VOX Funding: $150 Million Credit Facility Signed With Raven Capital

By Amit Chowdhry ● Jun 3, 2025

VOX Funding, a leading provider of flexible financing options for U.S. businesses, announced closing a $150 million credit facility with Raven Capital, an investment firm specializing in asset-based direct lending.

ProteinQure: $11 Million Series A Raised For Computational Peptide Therapeutics

By Amit Chowdhry ● Jun 3, 2025

ProteinQure, a computational peptide therapeutics company, announced the closing of an $11 million Series A financing round. The funding round was led by Tom Williams of Heron Rock Fund, with participation from Golden Ventures, Kensington Capital, and select returning investors. This brings ProteinQure’s total funding to $16 million across seed and Series A rounds.

Leidos Buying Kudu Dynamics In $300 Million All-Cash Deal

By Amit Chowdhry ● Jun 3, 2025

Leidos announced that it has acquired Kudu Dynamics, advancing Leidos' rapid scaling of artificial intelligence (AI)-enabled cyber capabilities for defense, intelligence, and homeland security customers.

Heron Power: $38 Million Series A Raised For Energy Infrastructure Platform

By Amit Chowdhry ● Jun 3, 2025

Energy infrastructure company Heron Power announced that it raised $38 million in Series A funding led by Capricorn Investment Group’s Technology Impact Fund, with participation from Breakthrough Energy Ventures, Energy Impact Partners, Gigascale Capital, Powerhouse Ventures, Valor Equity Partners, Tesla co-founder JB Straubel, and former Tesla CFO Zach Kirkhorn. This funding round brings the total raised by Heron Power to $43 million.