Archives

Coral Vita: Over $8 Million Series A Raised For Scaling Reef Restoration

By Amit Chowdhry ● Jul 26, 2025

Coral Vita, a leading commercial coral reef restoration company, has raised over $8 million in Series A funding, a significant milestone for the ecological regeneration industry. This round was led by Builders Vision, with participation from investors like Katapult Ocean and iAlumbra.

Waystar To Buy Iodine Software In $1.25 Billion Deal

By Amit Chowdhry ● Jul 26, 2025

Waystar, a provider of healthcare payment software, has announced a definitive agreement to acquire Iodine Software from shareholders led by Advent International for a total enterprise value of $1.25 billion.

Memories.ai: $8 Million Seed Funding Raised To Build Visuals For AI

By Amit Chowdhry ● Jul 26, 2025

Memories.ai, an AI research lab focused on creating visual memories for artificial intelligence, has raised $8 million in seed funding led by Susa Ventures, along with contributions from Samsung Next, Crane Venture Partners, Fusion Fund, Seedcamp, and Creator Ventures.

Unlock: $250 Million Purchase Commitment Agreement Signed With D2 Asset Management

By Amit Chowdhry ● Jul 26, 2025

Unlock Technologies, a leading fintech company, has secured a $250 million purchase commitment from D2 Asset Management (D2) to support home equity agreements (HEAs). This builds on D2's prior commitment of $250 million last year.

HeroDevs: $125 Million Strategic Growth Raised From PSG

By Amit Chowdhry ● Jul 26, 2025

HeroDevs, a leading provider of security solutions for deprecated open-source software (OSS), has received a $125 million strategic investment from PSG, a growth equity firm, with participation from existing investor Album.

SEI: Karin Risi And Tom Naratil Appointed To Board

By Amit Chowdhry ● Jul 26, 2025

SEI has appointed Karin Risi and Tom Naratil to its Board of Directors. They join Executive Chairman Alfred P. West, Jr., and current directors, including CEO Ryan Hicke and others. Stephanie Miller has resigned from the board to pursue a leadership role in the industry.

Sixth Street: Stuart Wrigley Named As Partner

By Amit Chowdhry ● Jul 26, 2025

Sixth Street, a leading global investment firm, has appointed Stuart Wrigley as Partner and Head of Sixth Street Asia Pacific, as well as Head of Capital Formation and Strategy International. He will also oversee the firm’s new Singapore office, set to open in October 2025.

Stevanato Group: €200 Million In Funding Raised For Drug Solutions

By Amit Chowdhry ● Jul 26, 2025

Stevanato Group, a global provider of drug containment, drug delivery, and diagnostic solutions to the pharmaceutical, biotechnology, and life sciences industries, announced today that it has secured €200 million in financing through agreements with BNL BNP Paribas, Cassa Depositi e Prestiti (CDP), and Banco BPM. These fundings are intended to support the Company’s ongoing capital expenditure projects in Cisterna di Latina (Italy) and Fishers (Indiana, U.S.).

Marvell: Rajiv Ramaswami Named To Board Of Directors

By Amit Chowdhry ● Jul 26, 2025

Marvell Technology has recently appointed Rajiv Ramaswami, the President and CEO of Nutanix, to its Board of Directors.

Freename: $6.5 Million Series A Raised For Advancing Domain Name Technology

By Amit Chowdhry ● Jul 26, 2025

Freename, a leading domain registrar that integrates DNS and blockchain technologies, has successfully closed a $6.5 million Series A funding round. Led by Entrée Capital, the round also saw participation from Polymorphic Capital and continued support from existing investors like Sparkle Ventures and Blockchain Founders Fund. New angel investors include Mike Lobanov (Co-Founder of Target Global), the Rashwan family office, and Aaron Schnarch (former CEO of Coinbase Custody).

LivePerson: Tony Zingale Appointed To Board

By Amit Chowdhry ● Jul 26, 2025

LivePerson, a leader in enterprise conversational AI and digital transformation, has appointed Tony Zingale to its Board of Directors, effective immediately.

Steward Partners Brings In $502 Million Advisor Mike Wood

By Amit Chowdhry ● Jul 26, 2025

Steward Partners, an employee-owned independent financial services firm, welcomes financial advisor Mike Wood, who joins with $502 million in client assets at the Norfolk, VA, branch.

Homrich Berg: Equity Participation Program Launched

By Amit Chowdhry ● Jul 26, 2025

Homrich Berg Wealth Management (HB), a fee-only wealth advisor with $25 billion in assets under management, has introduced a new program to foster a culture of ownership among all non-shareholder employees. The Equity Participation Program offers these employees with equity participation, reflecting HB’s belief that those contributing to the firm’s success should share in its rewards.

NetBrain: Funding Raised From Blackstone At $750 Million Valuation

By Amit Chowdhry ● Jul 26, 2025

Blackstone has announced a majority growth investment in NetBrain Technologies, a leader in Network Automation and AI, valued at $750 million.

Edward Jones: 53 SMAs Added to its Managed Account Platform

By Amit Chowdhry ● Jul 26, 2025

Edward Jones is expanding its suite of advisory services by significantly increasing the number of separately managed accounts (SMAs) available, with plans to triple the offerings by year-end.

Artificial Intelligence Underwriting Company Raises $15 Million Seed Funding

By Amit Chowdhry ● Jul 26, 2025

The Artificial Intelligence Underwriting Company (AIUC) has launched to advance AI development by creating a confidence infrastructure for AI agents. The company has raised $15 million in seed funding, led by Nat Friedman at NFDG, with contributions from Emergence, Terrain, and others, including Ben Mann, co-founder of Anthropic.

OSL Group: $300 Million Equity Financing Raised For Advancing Digital Asset Infrastructure Expansion

By Amit Chowdhry ● Jul 26, 2025

OSL Group, Asia’s leading regulated digital asset platform, has completed a US$300 million equity financing round, marking the largest publicly disclosed equity raise in Asia's digital asset sector.

Fiserv Signs Strategic Managed Services Deal With TD Bank

By Amit Chowdhry ● Jul 26, 2025

Fiserv, a global payments and financial services provider, signed a multi-year agreement with TD Bank Group for its merchant solutions, including Clover, to expand its footprint in Canada.

Datasite Buys Agentic AI Company Blueflame

By Amit Chowdhry ● Jul 26, 2025

Datasite, a global SaaS provider of AI-powered workflow solutions for M&A, announced it acquired Blueflame AI, a provider of agentic AI solutions for investment and finance. The terms were undisclosed.

EP Wealth Brings In $1.2 Billion Team Rappaport Reiches

By Amit Chowdhry ● Jul 26, 2025

EP Wealth Advisors, a fee-only RIA, announced a partnership with Chicago-based Rappaport Reiches Capital Management (RRCM), adding over $1.2 billion in assets to its Chicago operations.

Bluespring Wealth Partners Onboards $364 Million Firm Halcyon

By Amit Chowdhry ● Jul 26, 2025

Bluespring Wealth Partners has acquired Halcyon Wealth Advisors, which manages $364 million and is affiliated with Kestra Financial.

Carlyle Acquires IT Consulting Company Adastra

By Amit Chowdhry ● Jul 26, 2025

Adastra Group, a global IT consultancy specializing in AI, data, and cloud services, announced Carlyle will acquire a majority stake, pending regulatory approvals.

TSG Consumer To Buy Fragrance Brand PHLUR

By Amit Chowdhry ● Jul 26, 2025

TSG Consumer, a private equity firm, announced that it will acquire PHLUR, a modern fragrance brand recognized for its storytelling and accessibility.

Mercantile Bank And Eastern Michigan Financial Announce Merger Agreement

By Amit Chowdhry ● Jul 26, 2025

Mercantile Bank and Eastern Michigan Financial Corporation (EFIN) announced a merger valued at approximately $95.8 million, combining EFIN and its subsidiary, Eastern Michigan Bank, with Mercantile Bank. The merged entity, as of June 30, 2025, will have $6.7 billion in assets, $4.9 billion in loans, and $5.2 billion in deposits.

PNC Bank And Coinbase: Strategic Partnership For Advancing Digital Asset Solutions

By Amit Chowdhry ● Jul 26, 2025

PNC Bank partnered with Coinbase to expand access to secure digital asset solutions for clients and investors. PNC will also offer select banking services to Coinbase, showing a shared commitment to the strong digital financial system.

Circle: Adam Selipsky Appointed To Board Of Directors

By Amit Chowdhry ● Jul 26, 2025

Circle Internet Group, a global fintech and stablecoin market leader, announced the appointment of Adam Selipsky to its Board. He has over 20 years of experience in internet platform infrastructure and technology.

Echelon Fitness Buying B2B Fitness Streaming Company FORTË

By Amit Chowdhry ● Jul 25, 2025

Echelon Fitness has acquired FORTË, a B2B fitness streaming platform, rebranding it as "ELEVATE by Echelon." This enhances Echelon's ability to deliver personalized fitness content at scale and expand into SaaS and commercial markets globally.

Launch Potato: Acquisition Of Only In Your State

By Amit Chowdhry ● Jul 25, 2025

Launch Potato has acquired Only In Your State, a leading source for hyperlocal travel stories and community-driven content. Celebrating its tenth year, the page began in 2015 as an Ohio travel social media platform, now reaching over 4 million monthly readers.

goHappy: Strategic Growth Investment Raised From Pamlico Capital

By Amit Chowdhry ● Jul 25, 2025

goHappy, a provider of employee engagement tools, has received a growth investment from Pamlico Capital, a private equity firm that invests in high-growth technology and services.

White Label Communications Acquires Optichannel AI-Based Contact Center Communications Company Grupo NGN

By Amit Chowdhry ● Jul 25, 2025

White Label Communications (WLC), a leader in white-label UCaaS, CPaaS, and CCaaS, acquired Grupo NGN, a provider of AI-based contact center solutions. This boosts WLC's private-label voice offerings and enhances CCaaS capabilities, fueling growth.