Archives

Aspire Wealth Advisory: Former Citi Executive Edward Karan Launches Firm With Over $100 Million In AUM

By Amit Chowdhry ● Yesterday at 3:28 PM

Aspire Wealth Advisory Group, a newly launched registered investment adviser (RIA), has officially debuted with more than $100 million in assets under management (AUM), targeting high-net-worth individuals and families seeking institutional-quality wealth management delivered through a boutique advisory model.

Prairie Wealth Advisors Names Mike Finnegan As Chief Investment Officer

By Amit Chowdhry ● Yesterday at 3:25 PM

Prairie Wealth Advisors announced it has appointed Mike Finnegan, CFA, as chief investment officer (CIO), adding more than three decades of investment leadership experience as the registered investment advisor continues to expand its investment platform. Based in Omaha, Finnegan will help shape the firm’s investment philosophy, oversee portfolio strategy, and enhance manager research and due diligence.

NAVER D2SF Invests in 23i to Advance Virtual Entertainment

By Amit Chowdhry ● Yesterday at 3:23 PM

NAVER’s venture arm D2SF has invested in 23i, a South Korea–based virtual entertainment startup focused on building multi-persona digital artists and scalable fan experiences.

Nium Acquires Cypher to Expand Fiat-to-On-Chain Infrastructure

By Amit Chowdhry ● Yesterday at 3:22 PM

Nium has acquired Cypher, a crypto-native non-custodial wallet and card issuing company, to strengthen its role as core infrastructure bridging fiat money and digital assets across global payment networks.

Seabury Capital Management Announces $2.5 Billion Commitment By The Al Mazroui Group

By Amit Chowdhry ● Yesterday at 3:21 PM

Seabury Capital Management announced a major milestone for its MBV Investments LP fund, securing $3.0 billion in initial commitments toward a $10 billion target. The anchor investment comes from the Al Mazroui Group, which committed $2.5 billion, alongside a $500 million gemstone-backed contribution from Senglea Capital, the fund’s Special Limited Partner.

CyberNut Acquires Neptune Navigate To Expand K-12 Student Digital Citizenship And Safety Platform

By Amit Chowdhry ● Yesterday at 3:20 PM

CyberNut, a cybersecurity awareness platform focused exclusively on K-12 school districts, has acquired Neptune Navigate, a widely used digital citizenship curriculum provider. The move strengthens CyberNut’s ability to address student online safety alongside its existing staff-focused cybersecurity training, reflecting a broader push among school districts to adopt unified solutions that protect entire school communities.

Airties To Acquire Aprecomm To Expand AI Connectivity Platform And Accelerate Growth In Emerging Markets

By Amit Chowdhry ● Yesterday at 3:19 PM

Airties announced it has signed a definitive agreement to acquire Aprecomm, an AI-driven broadband connectivity software company, to strengthen its Connectivity Experience Management platform and expand its presence in high-growth broadband markets, including India, South Asia, Southeast Asia, South America, and other developing regions. Financial terms of the transaction were not disclosed.

Overbay Capital Partners Completes Strategic Investment From Charlesbank Capital Partners

By Amit Chowdhry ● Yesterday at 3:18 PM

Overbay Capital Partners announced it has completed a previously announced strategic growth investment from Charlesbank Capital Partners after receiving the necessary regulatory approvals. The transaction, which was first revealed in March 2026, provides Overbay with additional capital to support its next phase of expansion while allowing the firm's leadership team to retain control over all investment decisions. Financial terms of the investment were not disclosed.

GIM Raises $20 Million Series A To Advance Agentic AI Investing Platform

By Amit Chowdhry ● Yesterday at 3:17 PM

GIM (Grace Investment Machine) announced it has raised $20 million in Series A funding to accelerate development of its AI-native investment technology platform focused on autonomous, agentic investing systems.

VENU Secures $150 Million C-PACE Financing to Complete Two New Amphitheaters

By Amit Chowdhry ● Yesterday at 3:11 PM

Venu Holding announced that it has identified more than $150 million in Commercial Property Assessed Clean Energy (C-PACE) financing to complete construction of two new amphitheaters. The non-dilutive financing was arranged by CBRE Group and is expected to close in the coming weeks, subject to customary closing conditions.

65 Equity Partners Invests In Theop To Support European Expansion And M&A Growth

By Amit Chowdhry ● Yesterday at 3:07 PM

65 Equity Partners announced a partnership investment in Theop, an independent provider of real estate client representation services in France and across Europe. As part of the transaction, Theop's founders, Julien Palengat and Sébastien Alphand, will remain the company's largest shareholders alongside management, while existing investor Florac is reinvesting to support the next phase of growth. Financial terms of the investment were not disclosed.

F.L.Putnam Acquires Seascape Capital To Expand New Hampshire Wealth Management Presence

By Amit Chowdhry ● Yesterday at 3:04 PM

F.L.Putnam Investment Management Company (FLP) announced that it has acquired Seascape Capital Management, an independent registered investment adviser based in Portsmouth, New Hampshire, as part of its strategy to expand its presence across the Northeast.

QuantumDiamonds Raises €91 Million To Scale Quantum Chip Inspection Technology

By Amit Chowdhry ● Yesterday at 3:02 PM

QuantumDiamonds, a Munich-based semiconductor equipment company developing quantum-based chip inspection technology, announced it has raised €91 million to expand production of its next-generation semiconductor inspection systems. The financing includes a €15 million equity round led by World Fund and €76 million in non-dilutive funding approved under the European Chips Act.

Pixel-Flo Raises £5.25 Million Seed Round To Scale MicroLED Manufacturing Technology

By Amit Chowdhry ● Yesterday at 3:00 PM

Pixel-Flo, a University of Sheffield spin-out developing technology to address a major manufacturing bottleneck for MicroLED displays, announced it has raised £5.25 million in Seed funding. The oversubscribed round was led by Northern Gritstone, with participation from SCVC, Parkwalk’s Northern Universities Venture Fund, and HTGF (High-Tech Gründerfonds).

Kraken Technology Group Raises $175 Million Series B At $1 Billion Valuation

By Amit Chowdhry ● Yesterday at 2:58 PM

British maritime defense technology company Kraken Technology Group announced it has raised $175 million in Series B funding at a $1 billion valuation to accelerate development of its uncrewed surface vessels (USVs), expand payload capabilities, and scale localized manufacturing operations worldwide.

Rubrik To Invest £375 Million In UK And Establish London As EMEA Headquarters

By Amit Chowdhry ● Yesterday at 2:57 PM

Rubrik announced plans to invest more than £375 million (approximately $500 million) in the UK over the next five years while naming London as its Europe, Middle East, and Africa (EMEA) headquarters. The investment underscores the UK's growing importance to Rubrik's global business and supports the company's continued expansion across the region.

Kapture CX Secures $10 Million Pre-Series B Funding To Scale Agentic Enterprise Stack

By Amit Chowdhry ● Yesterday at 2:56 PM

Kapture CX, a verticalized full-stack agentic AI platform, has closed a $10 million pre-Series B round led by Bajaj Finserv Ventures, marking the firm’s first investment in the AI space. Existing investors Cactus Venture Partners and India Alternatives also participated in the round.

Goldman Sachs Wins $70 Billion In Retirement Asset Management Mandates From Verizon And Lockheed Martin

By Amit Chowdhry ● Yesterday at 2:54 PM

Goldman Sachs announced it has secured $70 billion in retirement asset management mandates from Verizon Communications and Lockheed Martin, strengthening its position in the growing outsourced chief investment officer (OCIO) market, according to CNBC.

Paslay Group Acquires Barich To Expand Airport Technology And Capital Program Advisory Services

By Amit Chowdhry ● Yesterday at 9:47 AM

Paslay Group has acquired Barich, Inc., expanding its executive advisory capabilities in airport technology strategy, IT planning, and capital program delivery. Financial terms of the transaction were not disclosed.

Russell Investments: B Capital-Led Investor Group To Acquire Company From TA Associates And Reverence Capital

By Amit Chowdhry ● Yesterday at 9:45 AM

Russell Investments has agreed to be acquired by an investor consortium led by B Capital, with the California Public Employees' Retirement System (CalPERS) joining as an investor, marking a new chapter for the global investment solutions firm. The transaction will see B Capital, CalPERS, and other consortium members acquire Russell Investments from existing owners TA Associates and Reverence Capital Partners. Financial terms of the deal were not disclosed.

BitTitan: Interview With Sr. Director Aaron Wadsworth About Simplifying Enterprise Cloud Migrations Through Automation

By Amit Chowdhry ● Yesterday at 9:00 AM

Azenta Completes Sale of B Medical Systems to Streamline Its Life Sciences Portfolio

By Amit Chowdhry ● Yesterday at 8:48 AM

Azenta announced that it has completed the sale of its B Medical Systems business to Thelema S.à r.l., marking the close of a transaction that was first announced in late December 2025. The deal officially closed on July 1, 2026 after all required closing conditions were satisfied, supporting Azenta's strategy of sharpening its focus on its core life sciences operations.

Verdantas Acquiring American Engineering & Environmental Consultants

By Amit Chowdhry ● Yesterday at 8:41 AM

Verdantas announced it has acquired American Engineering & Environmental Consultants (AEEC), a technology-focused environmental engineering and consulting firm, to strengthen its artificial intelligence, digital transformation, and data analytics capabilities. The deal expands Verdantas' ability to deliver integrated engineering, environmental, and digital consulting services while increasing its presence across federal and commercial markets.

Accela Acquires Civira AI to Speed Government Software Deployments With AI Automation

By Amit Chowdhry ● Yesterday at 8:39 AM

Accela has acquired the Civira AI platform, expanding its government technology offerings with AI-powered tools designed to accelerate software configuration, implementation, and maintenance for state and local agencies.

Goods & Services Acquires Genware

By Amit Chowdhry ● Yesterday at 8:34 AM

Goods & Services announced that it acquired Genware, a New Jersey-based data and advanced analytics firm. Terms of the transaction were not disclosed.

Velocity Raises $27 Million Seed To Help AI Companies Turn Growth Into Sustainable Revenue

By Amit Chowdhry ● Yesterday at 8:17 AM

Velocity announced that it raised $27 million in seed funding to help AI-native software companies turn rapid user growth into sustainable revenue. The round was led by NFX and Red Dot Capital Partners. Stardom Ventures, Corner Ventures, and Transcend also participated in the round. Velocity plans to use the funding to support its AI monetization infrastructure.

BTQ Technologies Completes Acquisition Of QPerfect

By Amit Chowdhry ● Yesterday at 8:12 AM

BTQ Technologies announced that it completed the acquisition of QPerfect, a French quantum computing company based in Strasbourg. Following the closing, QPerfect is now a wholly owned subsidiary of BTQ. QPerfect specializes in quantum software, emulation, digital twin capabilities, and control systems. The acquisition follows BTQ’s previously announced strategic investment in QPerfect and exercise of its option to acquire the company’s remaining outstanding securities.

Blue Owl Capital Complete Acquisition Of Spire Healthcare Portfolio

By Amit Chowdhry ● Yesterday at 8:07 AM

Blue Owl Capital announced that funds managed by the firm, together with Moor Park Capital Partners, completed the acquisition of a portfolio of 12 acute-care hospitals operated by Spire Healthcare Group.

Alta Raises $25 Million Series A To Redefine Go-To-Market Architecture For Revenue Teams

By Amit Chowdhry ● Yesterday at 8:04 AM

Alta announced that it raised $25 million in Series A funding. The company describes itself as an AI System of Actions for go-to-market teams. The round was led by IN Venture, with participation from Mindset Ventures, Skywell Capital, LeumiTech77, and existing investors Entrée Capital, Target Global, and Verissimo Ventures. Prominent angel investors and scout funds also joined the round.

Venus Aerospace Raises $91 Million Series B To Mature Flight-Proven RDRE Propulsion Systems

By Amit Chowdhry ● Yesterday at 8:01 AM

Venus Aerospace announced the close of a $91 million Series B financing round to scale development and production of its rotating detonation rocket engine technology. The round was led by Mercury Fund, with participation from Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity, and other new and existing strategic and institutional investors.