Archives

Sunoco Buying Parkland Corporation In $9.1 Billion Deal

By Amit Chowdhry ● May 5, 2025

Sunoco and Parkland Corporation announced that they have entered into a definitive agreement under which Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt.

Maridea Wealth: Strategic Investment From 119th Street Capital

By Amit Chowdhry ● May 5, 2025

119th Street Capital - a private investment firm specializing in financial services - announced a strategic investment in Maridea Wealth Management, a leading independent wealth management firm. This funding, made alongside Pelican Capital, will support Maridea’s continued growth, expansion, and commitment to delivering best-in-class advisory services to individuals and families across the US.

Mariner Adding $325 Million Team Hyre Personal Wealth Advisors

By Amit Chowdhry ● May 5, 2025

Mariner, a national financial services firm, announced the acquisition of Hyre Personal Wealth Advisors. This deal adds about $325 million in assets under advisement and establishes the firm’s second office in Columbus, Ohio, and eighth in the Buckeye State.

White & Case: Euan Burrows Named As Partner In London

By Amit Chowdhry ● May 5, 2025

White & Case announced it has expanded its Global Antitrust Practice by adding Euan Burrows as a partner in London. Euan advises on a range of competition law, state aid, and procurement law matters and has experience dealing with the European Commission, the UK Competition and Markets Authority, the UK Competition Appeal Tribunal, and proceedings before the High Court in England.

Ropes & Gray: Nitin Konchady Named As Partner In Finance And Credit Opportunities Practice

By Amit Chowdhry ● May 5, 2025

Ropes & Gray announced that Nitin Konchady, a capital markets lawyer specializing in distressed and special situations capital markets transactions, has joined as a partner in the finance and credit opportunities practice. And he expands the firm’s elite team of established capital solutions, finance, and restructuring lawyers.

Skymel: Interview With Co-Founders Neetu Pathak & Sushant Tripathy on Building Adaptive AI Systems

By Amit Chowdhry ● May 5, 2025

Skymel recently unveiled its Orchestrator Agent (OA) – the industry’s first real-time AI deployment agent – designed to adaptively manage where and how AI models run across both local devices and the cloud. Built on the company’s core NeuroSplit technology, the Orchestrator Agent allows developers to configure infrastructure decisions instantly, eliminating long deployment cycles. Pulse 2.0 spoke with Skymel co-founders Neetu Pathak (CEO) and Sushant Tripathy (CTO) to learn more about their backgrounds, the motivation behind the company, and how their hybrid AI infrastructure is changing the way intelligent applications are built and delivered.

Sevii: Pre-Seed Funding Raised For Autonomous Agentic AI Defense Platform

By Amit Chowdhry ● May 4, 2025

Sevii, a cybersecurity innovator working on a next-generation autonomous agentic AI defense platform, announced the closing of its pre-seed funding round. Overline led the round, which also included 10VC and SaaS Ventures.

Wingspire Equipment Finance: $350 Million Credit Facility Secured

By Amit Chowdhry ● May 4, 2025

Wingspire Equipment Finance announced that it has closed on a $350 million credit facility to expand its financing capabilities for middle-market and sponsor-backed companies. The new warehouse line was offered to a wholly-owned subsidiary of Wingspire Equipment Finance, with Bank of America and Wells Fargo as lenders.

Scamnetic: $13 Million Closed For AI Scam Detection Technology

By Amit Chowdhry ● May 4, 2025

Scamnetic, a company focused on protecting individuals and businesses from digital threats using advanced AI technology, announced it received $13 million in series A funding. Roo Capital led the round, which 1st and Main Growth Partners, SaaS Ventures, and Riptide Ventures also joined. This series A funding round brings the total investment in Scamnetic to $16 million.

Uncork Capital: $300 Million Raised For Investing In Category-Defining Companies

By Amit Chowdhry ● May 4, 2025

Uncork Capital announced the closing of $300 million in new capital across two funds: Uncork VIII, a $225 million seed fund, and Uncork Plus IV, a $75 million growth fund.

Stonepeak Unveils Data Center Company Montera Infrastructure

By Amit Chowdhry ● May 4, 2025

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced Montera Infrastructure's launch, which is a new North American hyperscale-focused data center company with a $1.5 billion equity commitment.

SquareX: $20 Million Raised For Transforming Browser Detection and Response

By Amit Chowdhry ● May 4, 2025

SquareX, a pioneer in Browser Detection and Response (BDR), announced it closed a $20 million in Series A funding led by SYN Ventures, a leading venture capital firm focused on cybersecurity investments, with participation from existing investor Peak XV Partners (formerly Sequoia Capital SEA).

CND Life Sciences: $13.5 Million Series A Closed For Neurodiagnostics Innovations

By Amit Chowdhry ● May 4, 2025

CND Life Sciences announced that it has raised $13.5 million in its Series A equity financing round, with $8.6 million in its most recent Series A3 offering. CND's latest Series A3 round included funding from existing investor groups like Cambrian Capital Partners, Tanis Ventures, Lupo Labs, Top Corner Capital, HonorHealth, Triana, Gold Bench Capital, and BlueStone Ventures, and from new investors Labcorp, MBX Capital, and Vilas Ventures.

Runway Growth Capital: Avisha Khubani Named As Managing Director Of Portfolio Analytics

By Amit Chowdhry ● May 4, 2025

Runway Growth Capital announced the promotion of Avisha Khubani to Managing Director of Portfolio Analytics. And in her expanded role, Khubani will continue to oversee the performance of Runway's portfolio companies while enhancing Runway's risk assessment and monitoring frameworks to ensure sustainable growth for its investments.

Charney Companies And Tavros Close On 175 Third Street In Gowanus

By Amit Chowdhry ● May 4, 2025

Charney Companies and Tavros announced significant funding for 175 Third Street, the planned fourth building in their jointly developed campus Gowanus Wharf. After completion, 175 Third Street will be the largest building in Gowanus, with about 1 million square feet and 1,000 residences.

Raiven Capital: $100 Million Climatech Fund Launched

By Amit Chowdhry ● May 4, 2025

Raiven Capital, a cross-border venture firm known for its AI and IoT investments, announced the launch of Raiven Climatech, a $100 million fund targeting startups building digital infrastructure to solve global sustainability and climate challenges.

SETWorks: Strategic Investment Raised From Polaris Growth Fund

By Amit Chowdhry ● May 4, 2025

SETWorks, a software provider for disability service agencies and human services providers, announced it has secured a strategic growth investment from Polaris Growth Fund (PGF). Launched in the early 2000s, SETWorks offers industry-leading software and services built specifically for the disability services sector, empowering organizations to spend more time impacting the lives of the individuals they serve.

Axibo: $12 Million Raised For Developing Humanoid Robots

By Amit Chowdhry ● May 4, 2025

Axibo - a Waterloo-based robotics innovator known for its 4D volumetric capture technologies and serving customers like Netflix and Apple - announced a $12 million funding round. This funding includes $11 million from prominent external investors and $1 million from Axibo's founders, Anoop Gadhrri, Sohaib Al-Emara, and Reiner Schmidt, whose passion for robotics started in 2019 with their university's first autonomous vehicle.

Persona: $200 Million Raised At $2 Billion Valuation For Agentic AI Verified Identity Layer

By Amit Chowdhry ● May 4, 2025

Persona, a leading verified identity platform, announced a $200 million Series D funding round, bringing the company's valuation to $2 billion. The funding round was co-led by Founders Fund and Ribbit Capital, with participation from existing investors including BOND, Coatue, First Round Capital, Index Ventures, and Chemistry.

Ivanti: Refinancing Closed To Support Key Initiatives

By Amit Chowdhry ● May 4, 2025

Ivanti, an enterprise software company providing a comprehensive IT and security cloud-based platform, announced that it has closed a refinancing transaction. This was achieved by supporting an overwhelming majority of its existing lenders.

Madison Dearborn Partners Buying Significant Stake In NextGen Healthcare

By Amit Chowdhry ● May 4, 2025

Madison Dearborn Partners (MDP), a leading private equity investment firm based in Chicago, announced it has signed an agreement with Thoma Bravo to buy a significant ownership position in NextGen Healthcare, a leading provider of innovative healthcare technology and data solutions. Thoma Bravo will be retaining a substantial ownership position in NextGen Healthcare. MDP will partner with Thoma Bravo and NextGen Healthcare’s management team to support NextGen Healthcare’s growth.

CIV Launched With $210 Million Fund To Invest In Companies Reshaping Industries

By Amit Chowdhry ● May 4, 2025

CIV, an investment firm focused on backing and building transformative companies that transform critical industries, announced the closing of its inaugural CIV Fund One. This fund has been oversubscribed, with over $210 million in commitments.

Edward Jones: Offerings Expanded For HNW Clients

By Amit Chowdhry ● May 4, 2025

Edward Jones announced it is expanding its offerings to include alternative investments available to eligible clients in Edward Jones Generations, the firm's first private client service for U.S. high net worth investors. And this move validates the firm's commitment to providing sophisticated financial products, solutions and personalized experiences for clients with $10 million or more in investable assets.

LLR Partners: Seventh Fund Closed At $2.45 Billion

By Amit Chowdhry ● May 4, 2025

Private equity firm LLR Partners announced the final closing of LLR Equity Partners VII, L.P. (LLR 7) at $2.45 billion. LLR 7's capital includes participation by LLR’s Partners and employees. LLR’s prior fund, LLR 6, closed in October 2020 at $1.8 billion, including the General Partner’s commitment.

Mivium: $5 Million Raised For Semiconductor Material Science Technology

By Amit Chowdhry ● May 2, 2025

Mivium, a leading innovator in semiconductor material science, announced the completion of a $5 million equity financing round through Equifund Crowd Funding Portal. This brings Mivium's total funding to $6.34+ million, advancing the company's mission to deliver high-purity, wide-bandgap materials such as GaN (gallium nitride) to the global market.

Earnix Buying Insurance And Bank Focused GenAI Company Zelros

By Amit Chowdhry ● May 2, 2025

Earnix, a leading Dynamic AI platform for Insurance, has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks. This collaboration will bring the power of predictive, generative, and agentic AI across the entire risk decisioning, personalization, and claims cycle, enabling pricing and underwriting professionals to deliver compelling offers while improving business performance.

Zucara Therapeutics: $25 Million Series B Closed For Diabetes Life Sciences Platform

By Amit Chowdhry ● May 2, 2025

Zucara Therapeutics - a diabetes life sciences company developing ZT-01, which is the first once-daily therapeutic to prevent hypoglycemia (low blood glucose levels) in people with diabetes - announced that it has completed the second and final closing of its $25 million Series B funding.

DartPoints: Funding Raised From NOVA Infrastructure

By Amit Chowdhry ● May 2, 2025

NOVA Infrastructure, a middle-market infrastructure investment firm, announced that it has completed a majority investment in DartPoints, a leading provider of secure and high-performance enterprise data center solutions. NOVA's investment includes a significant growth capital component designed to scale DartPoints' platform and expand its footprint through targeted investments in capacity expansion and strategic M&A to meet market demand.

Ares: Private Markets Fund Surpasses $3 Billion In AUM In 3 Years

By Amit Chowdhry ● May 2, 2025

Ares Management (a leading global alternative investment manager) announced that its Ares Private Markets Fund (APMF), a diversified private equity investment solution anchored in secondary investments, exceeded $3 billion in assets under management in its first three years in the market. APMF is distributed through Ares’ Wealth Management Solutions platform (AWMS), an industry leader in providing private market investment solutions to advisors and their clients.

Dream Games: Strategic Investment Raised From CVC

By Amit Chowdhry ● May 2, 2025

Dream Games, the developer and publisher of globally renowned mobile games Royal Match and Royal Kingdom, announced a strategic investment from CVC, a leading global alternative asset management firm, as its sole equity partner.