Archives

Powell Industries Buying Remsdaq In $16.3 Million Deal

By Amit Chowdhry ● Jul 16, 2025

Powell Industries, a leading provider of custom-engineered solutions for electrical energy management, control, and distribution, has announced it has entered into a definitive agreement to acquire Remsdaq for approximately $16.3 million (or £12.2 million). Remsdaq, based in the U.K., manufactures Remote Terminal Units (RTUs) for electrical substation control and automation across the generation, transmission, and distribution sectors.

PCI Pharma: Strategic Investment Raised From Bain Capital, Kohlberg, And Mubadala

By Amit Chowdhry ● Jul 16, 2025

PCI Pharma Services, a leading global contract development and manufacturing organization (CDMO) specializing in innovative biotherapies, has secured a strategic investment co-led by Bain Capital and Kohlberg, with significant reinvestment from Mubadala Investment Company. Partners Group is also making a minority investment.

Cogent Security: $11 Million Raised For AI Taskforce For Vulnerability Management

By Amit Chowdhry ● Jul 16, 2025

Cogent Security has officially launched the first AI task force for vulnerability management, emerging from stealth mode. The company, which originated in Greylock Partners' Edge program, has secured $11 million in funding, with contributions from Lockstep and angel investors from organizations such as OpenAI.

CloudCover: Growth Investment Raised For TPM And IT Lifecycle Solutions

By Amit Chowdhry ● Jul 16, 2025

CloudCover, a provider of third-party maintenance (TPM) and IT lifecycle management solutions, recently received a growth investment from Argentum, a New York-based equity firm focused on founder-led B2B software and tech-enabled services.

Headway: Funding Raised From Bullhound Capital

By Amit Chowdhry ● Jul 16, 2025

Headway, a consumer tech platform transforming lifelong learning, has secured an investment from Bullhound Capital. This funding will enable Headway Inc. to enhance product development, expand internationally, and strengthen its knowledge-driven ecosystem.

EndoQuest Robotics: Series D-2 Funding Raised For Endoluminal Robotic Surgical Platform

By Amit Chowdhry ● Jul 16, 2025

EndoQuest Robotics, a leader in endoluminal robotic surgical technology, has successfully completed a Series D-2 financing round to advance its flexible surgical platform. This funding will support the pivotal PARADIGM clinical trial, expedite U.S. FDA clearance, and enhance early feasibility studies in the upper gastrointestinal tract. The round was co-led by Crescent Enterprises and Dr. Fred Moll, with contributions from Puma Venture Capital and UTHealth Houston.

Helios: $4 Million Seed Closed For AI-Based Native OS For Public Policy

By Amit Chowdhry ● Jul 16, 2025

Helios, a technology company developing the first AI-native operating system for public policy professionals, has raised $4 million in seed funding, led by Unusual Ventures and supported by Founders Inc., Alumni Ventures, and strategic angel investors. The company is gaining traction in the U.S. market, which exceeds $10 billion in annual software and lobbying spending.

Linkby: $15 Million Raised For Performance PR Platform

By Amit Chowdhry ● Jul 16, 2025

Linkby, a performance PR platform that secures editorial placements with premium publishers, has raised $15 million in Series B funding led by Volition Capital. This investment will facilitate Linkby’s U.S. expansion and platform development.

Ultion Technologies: Series A Funding Raised For Building U.S. Battery Manufacturing Capacity

By Amit Chowdhry ● Jul 16, 2025

Ultion Technologies is the only fully integrated U.S. manufacturer of advanced lithium-iron-phosphate (LFP) battery cell technology and energy storage systems, currently shipping at scale. Recently, the company completed a Series A funding round led by Torus, a Utah-based pioneer in energy storage, with participation from the state-sponsored Battle Born Venture program.

Callidus Legal AI: $10 Million Raised For Automating Core Litigation Workflows

By Amit Chowdhry ● Jul 16, 2025

Callidus Legal AI, a platform that automates and accelerates litigation workflows, has announced $10 million in new funding, bringing its total to $13 million. This oversubscribed round was led by Cervin Ventures and included participation from AI Fund and others. The new capital will help Callidus continue its growth, doubling the speed of product development for its 1,000+ customers and expanding its market presence.

Heka: $14 Million Closed For Helping Financial Institutions Fight Fraud

By Amit Chowdhry ● Jul 16, 2025

Heka, an AI engine designed to bolster financial institutions' defenses against synthetic fraud and identity manipulation, has secured backing from Windare Ventures, Barclays, and other institutional investors.

Trupeer.ai: $3 Million Closed For AI Video Platform

By Amit Chowdhry ● Jul 16, 2025

Trupeer, an AI video platform designed specifically for software and business workflows, has secured $3 million in funding to revolutionize this process. The seed funding round was led by RTP Global, with participation from Salesforce Ventures—following Trupeer’s win at the Salesforce AI Pitchfield—and a group of over 20 CIOs and CTOs from Fortune 500 companies.

Honor Education: $38 Million Series A Closed For Transforming Digital Learning Experiences

By Amit Chowdhry ● Jul 16, 2025

Honor Education, a learning platform focused on transforming skill development, has secured $38 million in Series A funding from investors including Alpha Edison and Wasserstein & Co. This investment underscores the market's confidence in Honor's unique approach to delivering transformative learning experiences across degree programs, credentialing, and corporate leadership development.

Dentons: Tamara Sims Named As New National Head Of Pro Bono Partner

By Amit Chowdhry ● Jul 16, 2025

Dentons has appointed Tamara Sims as the National Head of Pro Bono Partner, enhancing its commitment to community and pro bono work.

NetBox Labs: $35 Million Series B Raised For Modernizing Network Operations

By Amit Chowdhry ● Jul 16, 2025

NetBox Labs has raised $35 million in Series B funding to modernize network and infrastructure operations. Led by NGP Capital, the round also included contributions from Sorenson Capital, Headline, and existing investors like Flybridge Capital, Notable Capital, and IBM.

Virtual Compute: High-Performance Computing Company Launches With $350 Million

By Amit Chowdhry ● Jul 16, 2025

Virtual Compute Corporation (vCompute), a leading provider of high-performance computing (HPC) and hosting infrastructure, announced plans to raise $350 million in growth capital to support a major expansion of its data center operations.

Blackstone Investing Over $25 Billion In Pennsylvania Infrastructure And Real Estate

By Amit Chowdhry ● Jul 16, 2025

Blackstone has announced an investment of over $25 billion through its Infrastructure and Real Estate funds to develop Pennsylvania's digital and energy infrastructure. This initiative is expected to attract an additional $60 billion in investments, leveraging Blackstone's expertise in data centers and energy infrastructure.

GSSG Chikuden Launched With $400 Million Commitment From Vision Ridge

By Amit Chowdhry ● Jul 16, 2025

GSSG Chikuden, a new developer of utility-scale battery storage, has launched with a $400 million commitment from Vision Ridge Partners, a global investor in sustainable assets. The investment will support the development, construction, and operation of battery energy storage systems (BESS) across Japan's power grid.

TeraWatt Technology: First Round Of Series C Closed To Invest In Mass Production Facility

By Amit Chowdhry ● Jul 16, 2025

TeraWatt Technology, based in California, has completed the first close of its Series C funding round, attracting existing investors like Khosla Ventures and Temasek, as well as new participants such as the Japan Bank for International Cooperation (JBIC) and G. K. Goh Ventures.

Zip Security: $13.5 Million Series A Closed For Growing Cybersecurity Platform

By Amit Chowdhry ● Jul 16, 2025

Zip Security, a comprehensive platform for security, compliance, and IT automation, has raised $13.5 million in Series A funding, bringing its total funding to $21 million. The round was led by Ballistic Ventures, with participation from Silver Buckshot, Mantis VC, and others.

Cavco Industries Buying American Homestar In $190 Million Cash Deal

By Amit Chowdhry ● Jul 16, 2025

Cavco Industries has agreed to acquire American Homestar Corporation and its subsidiaries, known as Oak Creek Homes. American Homestar, based in Houston, operates two manufacturing facilities and nineteen retail locations. The company generated $194 million in revenue, with a net income of $16.6 million, for the twelve months ended May 31, 2025, and produced 1,676 homes.

Dextall: $15 Million Series A Raised For Scaling AI-Based Prefabrication For Construction

By Amit Chowdhry ● Jul 16, 2025

Dextall, a construction technology company that combines design software with off-site manufacturing, has secured $15 million in Series A funding to expand its AI-based prefabrication platform nationwide.

Franzy: $2.2 Million Seed Funding Secured For First Dedicated Franchise Resale Marketplace

By Amit Chowdhry ● Jul 16, 2025

Franzy, an AI-based franchise marketplace, has raised $2.2 million in seed funding to make business ownership more accessible. The funding round was led by York IE, with participation from Front Porch Capital, Overline, Avalanche VC, and Daren Cotter Investments.

CertifID: $47.5 Million Series C Secured For Wire Fraud Protection Platform

By Amit Chowdhry ● Jul 16, 2025

CertifID, a leading platform for wire fraud protection in the real estate industry, has raised $47.5 million in a Series C funding round led by Centana Growth Partners, with participation from Arthur Ventures, which previously backed the company’s Series A and B rounds.

Fellow Health: $24 Million Series B Raised For Expanding Male Reproductive Test Offerings

By Amit Chowdhry ● Jul 16, 2025

Fellow Health, a leader in male reproductive health, has closed a $24 million Series B funding round led by 5AM Ventures, with participation from The Forest Road Company. This latest round brings the company’s total funding to $48 million.

Foley: Tax Capabilities Expanded With Addition Of Partner David Morris

By Amit Chowdhry ● Jul 16, 2025

Foley & Lardner has expanded its tax capabilities by adding David Morris as a partner in its Salt Lake City office. Previously with Kirkland & Ellis LLP, Morris advised private equity sponsors and corporate clients on various complex transactional tax matters, bringing over a decade of experience in domestic and cross-border tax issues related to mergers, acquisitions, and restructurings.

Sorcero Buying Axiom Health For AI-Driven Insights Across Life Sciences And Medical Device Markets

By Amit Chowdhry ● Jul 16, 2025

Sorcero, a provider of AI-driven analytics for life sciences, has acquired Axiom Health, a real-world data platform for the medical technology industry. The Axiom Health platform will be rebranded as Sorcero MedTech, creating the first unified AI solution for both pharmaceutical and medical device organizations. This integration aims to provide real-time insights for the healthcare sector.

Crash Override: $28 Million Seed Closed For Launching First Engineering Relationship Management Platform

By Amit Chowdhry ● Jul 16, 2025

Crash Override, the creator of the first Engineering Relationship Management (ERM) platform, recently secured $28 million in seed funding, led by GV (Google Ventures) and SYN Ventures, with additional contributions from Blackstone Innovations Investments and Bessemer Venture Partners. This investment will help accelerate product development and expand market reach, while Erik Nordlander from GV and Jay Leek from SYN Ventures join the board of directors.

Little Sesame: $8.5 Million Series A Secured For Enhancing Hummus

By Amit Chowdhry ● Jul 16, 2025

Little Sesame, a leader in the hummus category, has closed an $8.5 million Series A financing round led by InvestEco Capital, with participation from Watchfire Ventures, Santatera Capital, Beliade Consumer Partners, and several prominent individual investors.

Simplicity Buying RIA Firm Verity Asset Management

By Amit Chowdhry ● Jul 16, 2025

Simplicity Group Holdings, a leading financial products distribution company, has acquired Verity Asset Management, a Registered Investment Advisor based in Durham, NC. Founded in 1996, Verity helps clients maximize and preserve wealth with a client-focused approach. Its leadership team—Gordon Wegwart, Sean McGill, Amy Simonson, and Jeff Munsey—will remain in their roles and become Simplicity partners, working to expand the firm’s client base.