Archives

RoboForce: $15 Million In Total Funding And AI Robot Announced

By Amit Chowdhry ● May 19, 2025

RoboForce is introducing Titan, which is its first AI robot built for real-world industrial deployment in demanding outdoor environments. Powered with Domain Intelligence and tight AI-hardware co-optimization, and highly modular hardware, Titan has the strength, precision, efficiency, and ability to learn and operate continuously across industrial domains. Along with the launch of Titan, RoboForce announced an additional $5 million in funding from both new and existing investors, bringing its total capital raised to $15 million.

Persist AI: $12 Million Series A Raised And Cloud Lab Launched

By Amit Chowdhry ● May 19, 2025

Persist AI, a pioneer in AI-based robotics for pharmaceutical formulation development and Chemistry, Manufacturing, and Controls (CMC), announced the launch of its Cloud Lab platform following the closing of an oversubscribed $12 million Series A funding round. The funding round was led by Spero Ventures with participation from MBX Capital, Shimadzu Future Innovation Fund managed by Global Brain, Eli Lilly, SignalFire, Ford Street Capital, Purdue Ventures, Good AI Capital, Cartography Capital, Asymmetry Ventures, and existing investors 2048 Ventures, Innospark, and Y Combinator.

Button Finance: $5 Million Series A Raised For Transforming Home Equity Lending

By Amit Chowdhry ● May 19, 2025

Button Finance - a fintech company transforming home equity lending - announced it closed a strategic $5 million Series A funding round led by Hildene Capital Management, a structured credit-focused asset manager with about $17 billion in assets, with participation from existing investors.

Kayne Anderson: $2.25 Billion Final Close On Energy Private Equity Fund

By Amit Chowdhry ● May 19, 2025

Kayne Anderson - which is a leading alternative investment manager - announced the final closing of Kayne Private Energy Income Fund III, L.P. (KPEIF III), with $2.25 billion in total capital commitments – significantly exceeding its $1.5 billion target.

Samsung Buying HVAC Solutions Company FläktGroup For €1.5 Billion

By Amit Chowdhry ● May 19, 2025

Samsung Electronics announced that it has signed an agreement to acquire all shares of FläktGroup, a leading global HVAC solutions provider, for €1.5 billion from European investment firm Triton. With the global applied HVAC market experiencing rapid growth, this deal enhances Samsung’s commitment to expanding and strengthening its HVAC business.

Sidley: David Monteiro And Kristin Lee Named As Partners

By Amit Chowdhry ● May 19, 2025

Sidley announced that David Monteiro and Kristin Lee have joined the firm’s Banking and Financial Services practice within the M&A and Private Equity group as partners in Sidley’s offices in Dallas and New York respectively. And both join from Morgan Lewis & Bockius and will be joined by senior managing associate Michael Cumming.

VIVE: Strategic Investment Raised From Potamus Equity

By Amit Chowdhry ● May 19, 2025

VIVE, a leading compliance and vendor management platform for property managers, announced a strategic investment from Potamus Equity. This partnership enables VIVE to execute on its strategic objectives to streamline compliance, enhance transparency, and empower property management teams.

Databricks To Buy Serverless Postgres Company Neon

By Amit Chowdhry ● May 19, 2025

Databricks announced its agreement to buy Neon, a leading serverless Postgres company. And Databricks plans to continue innovating and investing in Neon's database and developer experience for existing and new Neon customers and partners.

Health Data Company Datavant To Buy Aetion

By Amit Chowdhry ● May 19, 2025

Leading health data platform company Datavant announced that it has signed an agreement to acquire Aetion, a leading real-world evidence (RWE) platform that powers healthcare decision-making. With this deal, Aetion will join Datavant to deliver an end-to-end RWE platform, enabling healthcare and life sciences companies to answer research questions more efficiently about the clinical impact of therapies in development and in market.

VFlowTech: $20.5 Million Raised For Energy Storage Solutions

By Amit Chowdhry ● May 19, 2025

VFlowTech, a homegrown leader in long-duration energy storage solutions, announced it has raised $20.5 million in its latest funding round.

Bestow: $120 Million Series D Funding Raised For Insurance Technology

By Amit Chowdhry ● May 19, 2025

Bestow, a leading insurance technology company, announced the closing of a $120 million oversubscribed Series D funding round, such as primary and secondary investments. The funding round was co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital. Along with the equity financing, Bestow also signed a $50 million credit facility from TriplePoint Capital.

Odeko Buying Cafe Distributor And Bottled Beverage Humankind Beverage

By Amit Chowdhry ● May 19, 2025

Odeko, an all-in-one operation and technology partner for thousands of local coffee shops, cafes, and other food and beverage businesses, announced it has acquired Humankind Beverage, a cafe distributor and bottled beverage brand located in Lancaster, Pennsylvania.

Plexus: $6 Million Raised For Advancing AI-Based Growth Strategy

By Amit Chowdhry ● May 19, 2025

Plexus, an AI-based legal automation platform transforming how in-house legal teams operate, announced it has secured over $6 million in new funding to accelerate global expansion and AI-led innovation. The funding round was led by existing shareholders and Seattle-based Lighter Capital and it marks Plexus’ first institutional partnership.

Avicena: $65 Million Series B Raised For Ultra-Low Power microLED-Based Interconnects

By Amit Chowdhry ● May 19, 2025

Avicena, a leader in ultra-low power high-density microLED-based interconnects, announced it has raised $65 million in Series B funding, bringing the total capital raised to $120 million. The funding round was led by Tiger Global with participation from new and existing investors including Maverick Silicon, Prosperity7 Ventures, Venture Tech Alliance, SK hynix, Cerberus Capital Management, Hitachi Ventures and Lam Research.

Kovr.ai: $3.6 Million Secured For Transforming Cyber Compliance Automation

By Amit Chowdhry ● May 19, 2025

Kovr.ai, an AI-native cyber compliance automation platform provider, announced it emerged from stealth with $3.6 million in seed funding led by IronGate and Xfund with participation from Hack Factory, OODA Ventures, and McLean Capital.

TurbineOne: $36 Million Series B Secured For Defense Products

By Amit Chowdhry ● May 19, 2025

TurbineOne, which is the defense software company powering real-time threat detection and decision-making at the tactical edge, announced a $36 million Series B funding round. The funding round was led by The General Partnership with participation from Bessemer Venture Partners, XYZ Ventures, Stepstone Group, PROOF VC, and Artisanal Ventures, valuing the company at $300 million.

TensorWave: $100 Million Series A Raised For AI Infrastructure Solutions

By Amit Chowdhry ● May 19, 2025

TensorWave, an emerging leader in AMD-powered AI infrastructure solutions, announced it has raised $100 million in Series A funding. Magnetar and AMD Ventures led the round, with continued support from Maverick Silicon, Nexus Venture Partners, and new investor Prosperity7.

Tensor9: $4 Million Raised For Transforming Software Delivery

By Amit Chowdhry ● May 19, 2025

Tensor9, the company behind a new enterprise any-prem platform that enables SaaS vendors to sell to enterprise customers, announced that it has raised a $4 million seed round led by Wing VC, with participation from Devang Sachdev and NVAngels, Level Up Ventures, and strategic angels with backgrounds at Google (Michael Stoppelman), Cockroach Labs (Spencer Kimball), Benchling (Amit Gupta), and Amazon (Gert Lanckriet).

Nekuda: $5 Million Raised For Building Infrastructure For Agentic Payments

By Amit Chowdhry ● May 19, 2025

Nekuda, a company building infrastructure for agentic payments, announced a $5 million funding round led by Madrona Ventures with participation from global financial leaders including Amex Ventures and Visa Ventures.

Crestline: $3.5 Billion Raised For Fourth Flagship Direct Lending Fund

By Amit Chowdhry ● May 19, 2025

Crestline Investors (a global alternative investment manager) announced the final close of Crestline Direct Lending Fund IV (CDLIV), with $3.5 billion of investable capital across the Fund, related vehicles and anticipated leverage.

Layer: $6.5 Million Raised For Building Production Tools For Game Makers

By Amit Chowdhry ● May 19, 2025

Layer, an AI application gateway built specifically for game developers, announced it has closed $6.5 million in seed funding led by Arcadia (Akin Babayigit’s new fund), and an investment vehicle connected to Riccardo Zacconi (co-founder of King), with participation from existing investors e2.vc (formerly 500 Emerging Europe).

TSG Consumer To Buy EoS Fitness

By Amit Chowdhry ● May 19, 2025

TSG Consumer Partners - a leading specialist private equity firm focused exclusively on the consumer sector - announced it has signed a definitive agreement to acquire EoS Fitness, a leading US operator of High Value. Low Price. (HVLP) gyms. And EoS Chief Executive Officer Rich Drengberg will continue to head the company with his tenured leadership team and will retain a vested interest in the go-forward company.

FlexPoint: $12 Million Series A Closed For Expanding B2B Payments Network

By Amit Chowdhry ● May 19, 2025

FlexPoint, a trusted payments platform for managed service providers (MSPs) and the businesses they serve, announced that it has raised $12 million in Series A funding led by Foundry Group, with participation from existing investors Haymaker Ventures, Garuda Ventures, Techstars, Far Out Ventures, and Cascade Seed Fund. This new funding round brings FlexPoint’s total funding to $19.5 million since launching in March 2023.

iCapital To Buy Citi Wealth’s Alternative Investments Feeder Platform

By Amit Chowdhry ● May 19, 2025

iCapital (a global fintech platform transforming the world’s investment industry for better outcomes) and Citi announced that iCapital is acquiring from Citi one of its indirect subsidiaries Citi Global Alternatives, the advisor to Citi Wealth’s global alternative investment fund platform.

Perion Buying Greenbids For Up To $65 Million

By Amit Chowdhry ● May 19, 2025

Perion Network (a leader in advanced technology for solving the complexities of modern advertising) announced the acquisition of Greenbids, an AI platform that creates custom algorithms for campaign-level optimization across walled garden platforms such as YouTube, Facebook, and Instagram and leading DSPs like Google DV360 and The Trade Desk.

Northleaf: $2.6 Billion Infrastructure Fund Closed

By Amit Chowdhry ● May 19, 2025

Northleaf Capital Partners announced the final closing of its latest infrastructure fund, Northleaf Infrastructure Capital Partners IV (NICP IV). The fund exceeded its target of $2.25 billion and hit its hard cap of $2.6 billion. This fund is Northleaf’s largest infrastructure vehicle to date, underscoring the growth and consistent performance of the firm’s mid-market platform.

ClearVector: $13 Million Series A Raised For Advancing Identity-Driven Cybersecurity Platform

By Amit Chowdhry ● May 19, 2025

ClearVector, a creator of identity-driven security, announced its $13 million Series A financing to advance its mission to redefine cybersecurity by shifting the focus to identity-driven security. The funding round was led by Scale Venture Partners, with participation from Okta Ventures, Inner Loop Capital, and existing investor Menlo Ventures. This brings the company’s total funding to $16 million.

Blank Beauty: $6 Million Series A Raised For Personalized Beauty Platform

By Amit Chowdhry ● May 19, 2025

Blank Beauty, a technology company providing on-demand beauty customization using AI and robotics, announced the closing of an oversubscribed $6 million Series A financing, led by Evolution VC Partners, Kirker Enterprises, and EPSON.

Rentsync: Significant Growth Investment Raised For Serving Rental Housing Industry

By Amit Chowdhry ● May 19, 2025

Rentsync, a leading software and data company serving Canada’s rental housing industry, announced it has raised a significant growth investment led by Silversmith Capital Partners. This partnership with Silversmith enables the company to further invest in technology, expand its team, and pursue strategic acquisitions as it builds a comprehensive data, software, and analytics platform to address the challenges of Canada’s rental housing ecosystem.

A100x: $50 Million Fund II Launched

By Amit Chowdhry ● May 19, 2025

A100x announced its second fund, a $50 million vehicle dedicated to supporting aspiring early stage founders in artificial intelligence (AI), digital assets, and blockchain, and is strategically designed to foster the next generation of companies that are building applications and middleware to solve real world challenges and foster enterprise and consumer adoption. And there is no better time than during this US administration to support these technologies.