Archives

BlockFills: Crypto Brokerage Files For Chapter 11 Bankruptcy In Delaware

By Amit Chowdhry ● Mar 16, 2026

Cryptocurrency trading and brokerage firm BlockFills has filed for Chapter 11 bankruptcy protection in the United States as it seeks to restructure its operations amid mounting financial pressures.

Perpetual: A$500 Million Sale Of Wealth Management Business To Bain Capital

By Amit Chowdhry ● Mar 16, 2026

Perpetual announced it has entered into a binding agreement to sell its Wealth Management business to Bain Capital Private Equity. The transaction values the business at $500 million upfront, with additional contingent payments tied to performance.

Scanner: $22 Million Raised For AI-Powered Security Data Platform For AI-Driven Threat Hunting

By Amit Chowdhry ● Mar 16, 2026

Scanner, a cybersecurity data platform built to enable fast search and analysis across massive volumes of security logs, announced it has raised $22 million in a series A funding round led by Sequoia Capital with participation from CRV and Mantis VC. The funding will support the company’s efforts to expand its platform and bring its technology to more security teams as AI agents become increasingly central to cybersecurity operations.

Baker McKenzie: Frankie Tam Joins As Hong Kong Partner To Expand Data And Cybersecurity Practice

By Amit Chowdhry ● Mar 16, 2026

Baker McKenzie announced that Frankie Tam has joined the firm’s Hong Kong office as a partner in its Data, Technology, Privacy & Cybersecurity practice. The appointment is aimed at strengthening the firm’s capabilities advising clients on technology transactions, outsourcing, data privacy, information management, and cybersecurity as companies navigate the challenges of digital transformation.

ReNew Energy: $95 Million Raised To Expand Commercial And Industrial Renewable Energy Platform

By Amit Chowdhry ● Mar 16, 2026

ReNew Energy Global announced that its commercial and industrial renewable energy platform, ReNew Green Energy Solutions Private Limited, has secured a $95 million equity investment led by LeapFrog Investments. The financing will support the expansion of the company’s commercial and industrial clean energy offerings across India.

Alto Neuroscience: $120 Million Raised To Advance Treatment-Resistant Depression Drug Candidate

By Amit Chowdhry ● Mar 16, 2026

Alto Neuroscience, a clinical-stage biopharmaceutical company developing precision medicines for neuropsychiatric disorders, announced it has secured approximately $120 million in a private placement financing.

Frore Systems: $143 Million Raised At $1.64 Billion Valuation To Scale AI Thermal Infrastructure

By Amit Chowdhry ● Mar 16, 2026

Frore Systems announced it has raised $143 million in a Series D funding round, bringing the company’s total capital raised to $340 million and valuing the advanced thermal technology company at $1.64 billion. The funding will help accelerate global deployment of its cooling platforms across data centers and edge computing environments as demand for AI infrastructure continues to surge.

Boreal Ventures: $60 Million Fund II Launched To Scale Canadian B2B Technology Companies

By Amit Chowdhry ● Mar 16, 2026

Boreal Ventures announced the launch of Boreal Ventures II, a $60 million early-stage venture capital fund designed to help Canadian technology companies scale globally. The Montréal-based firm said the fund has already secured a $43 million first close and will focus on capital-efficient B2B technology companies founded across Canada, with a particular emphasis on Québec and underserved markets.

Triton Partners: €5.5 Billion Fund 6 Closed For European Mid-Market Investments

By Amit Chowdhry ● Mar 16, 2026

Triton Partners announced the successful closing of its sixth flagship mid-market buyout fund, Fund 6 (T6), reaching its €5.5 billion target and marking the firm’s largest fund to date. The capital was raised from both new and existing global investors, reflecting continued confidence in Triton’s European mid-market strategy and its ability to generate strong investment performance.

Leah: Agentic AI Platform Integrated Into Ulster University Legal Education Program

By Amit Chowdhry ● Mar 16, 2026

Ulster University announced a strategic partnership with enterprise AI company Leah to integrate the Leah Legal platform into the university’s Legal Innovation and Technology Law master’s program, giving students hands-on experience with AI tools used in modern legal workflows.