Archives

Cooler Heads: $11 Million Series A Raised For Scalp Cooling Technology To Help Chemotherapy Patients

By Amit Chowdhry ● Jul 23, 2025

Cooler Heads, a medical device company, has raised $11 million in an oversubscribed Series A funding round to expand the manufacturing of Amma, the only FDA-cleared Portable Scalp Cooling System. Led by Mutual Capital Partners, the round also included participation from SHD Partners, Crescent Ridge VC, and others.

emma: Interview With CEO Dmitry Panenkov About The Cloud Management Platform

By Amit Chowdhry ● Jul 23, 2025

emma is an innovative cloud management platform transforming how businesses optimize and scale their cloud infrastructure. Pulse 2.0 interviewed emma founder and CEO Dmitry Panenkov to learn more about the company.

Scrunch AI: $15 Million Raised For Improving AI Search

By Amit Chowdhry ● Jul 22, 2025

Scrunch AI, a company dedicated to helping brands understand and improve their presence in AI search, has announced a $15 million Series A funding round. The round was led by Decibel, with participation from Mayfield, Homebrew, and other strategic investors.

Brentwood Associates: $410 Million Continuation Fund Closed For Watermill Express Growth

By Amit Chowdhry ● Jul 22, 2025

Brentwood Associates has closed an oversubscribed single-asset continuation fund to support the growth of Watermill Express, a provider of affordable and safe drinking water and ice through self-service stations.

Ares Management: Sarah Cole Named As Co-Head of Global Capital Solutions

By Amit Chowdhry ● Jul 22, 2025

Ares Management Corporation has appointed Sarah Cole as Partner and Co-Head of the Ares Global Capital Solutions team, joining current Co-Head Roshan Chagan.

Dechert: Joseph Dennis Joins Private Equity Practice

By Amit Chowdhry ● Jul 22, 2025

Dechert announced that Joseph Dennis has joined as a London partner in the corporate and securities practice to enhance global M&A and private equity capabilities. With over 15 years' experience, Mr. Dennis advises private equity funds, financial investors, portfolio companies, and management teams.

Carlyle To Buy IT Consultancy Adastra

By Amit Chowdhry ● Jul 22, 2025

Global investment firm Carlyle has announced its acquisition of a majority stake in Adastra Group SE, a global IT consultancy specializing in data, cloud, and AI transformations, in partnership with its founders.

Subway: Jonathan Fitzpatrick Named As CEO

By Amit Chowdhry ● Jul 22, 2025

Subway, one of the largest restaurant brands globally, has announced that Jonathan Fitzpatrick will become Chief Executive Officer (CEO) on July 28, 2025.

Paul Hastings: Sherry Xie Joins Firm As Partner In New York

By Amit Chowdhry ● Jul 22, 2025

Paul Hastings announced that Sherry Xie has joined the firm as a partner in New York, bolstering its global tax practice and enhancing its ability to guide clients through complex strategic M&A, private equity and other transactions.

Strategy (Formerly MicroStrategy) Now Owns About 3% Of Bitcoin Supply

By Amit Chowdhry ● Jul 22, 2025

Strategy (the company previously known as MicroStrategy) runs a dual business model. The company offers enterprise analytics software and also has an aggressive Bitcoin Treasury Strategy. These strategies are driven by Strategy co-founder and Executive Chairman Michael Saylor, who has become an outspoken advocate of Bitcoin.

RBC Bearings: $275 Million Acquisition Of VACCO Industries Completed

By Amit Chowdhry ● Jul 22, 2025

RBC Bearings, an international manufacturer renowned for its highly engineered precision bearings, components, and integral systems for the aerospace, defense, and industrial sectors, has officially announced the successful completion of its previously disclosed acquisition of VACCO Industries.

NAVEX: Majority Stake Acquired By Investor Consortium

By Amit Chowdhry ● Jul 22, 2025

NAVEX, a global leader in ethics, risk, and compliance management software, has announced a definitive agreement for Goldman Sachs Alternatives' Private Equity division to acquire a majority stake from BC Partners and Vista Equity Partners. Funds managed by Blackstone’s private equity strategy will also invest significantly as a minority stakeholder.

Goldman Sachs Launches Private Credit Collective Investment Trust

By Amit Chowdhry ● Jul 22, 2025

Goldman Sachs Asset Management has launched the Goldman Sachs Collective Trust – Private Credit Fund (GS Private Credit CIT). Managed by Goldman Sachs Asset Management, this fund is designed for defined contribution (DC) plans, offering access to private credit investments tailored for retirement portfolios.

Flexjet: $800 Million Equity Investment Raised For Private Aviation

By Amit Chowdhry ● Jul 22, 2025

Private aviation leader Flexjet has secured an $800 million investment from a group led by L Catterton, with support from KSL Capital Partners and the J. Safra Group. This historic investment aims to enhance the private jet experience.

IQ-EQ Buying Cross-Border Fund Platform Gordian Capital

By Amit Chowdhry ● Jul 22, 2025

IQ-EQ, part of the Astorg portfolio, has acquired Gordian Capital, Asia’s leading institutional cross-border fund platform. Serving asset managers, sovereign wealth funds, family offices, and corporations, Gordian invests in private equity and real estate.

Amdocs Studios: Interview With Global GTM Leader Deborah Koens About Using AI For Financial Services

By Amit Chowdhry ● Jul 22, 2025

Amdocs Studio encompasses a comprehensive suite of cloud services, platforms, and expertise designed to help large enterprises across telecom, financial services, and other verticals navigate, adopt, and optimize their operations within cloud environments. With embedded GenAI and Agentic AI expertise, it enables smarter, scalable transformations that deliver measurable value at every stage of an enterprise’s cloud journey. Pulse 2.0 interviewed Amdoc Studios’ Global Go To Market Leader, Deborah Koens, to gain a deeper understanding of the company.

Summit Financial: Strategic Investments In Four Firms Managing $1.2 Billion In Client Assets

By Amit Chowdhry ● Jul 22, 2025

Summit Financial announced a strategic collaboration with Merchant Investment Management, resulting in significant investments in four new partner firms: Crow Financial Advisors, Everest Consultants, Heritage Wealth Partners, and LPF Advisors. These strategic partnerships are a testament to the growing strength of the Summit-Merchant alliance, which facilitates the rapid expansion of Summit’s elite national network of wealth managers who are focused on growth and excellence.

GE Vernova To Buy Alteia, Advancing GridOS Visual Intelligence Software

By Amit Chowdhry ● Jul 22, 2025

GE Vernova is set to acquire Alteia SAS, a French AI software firm specializing in computer vision and machine learning. This strategic move aims to significantly enhance GE Vernova's GridOS Visual Intelligence platform, a core part of its Electrification Software division, which helps utilities manage the electric grid during disruptive events, such as storms and wildfires.

Booz Allen: Venture Capital Commitment Tripled To $300 Million

By Amit Chowdhry ● Jul 22, 2025

Advanced technology firm Booz Allen Hamilton announced it is tripling its venture capital investment from $100 million to $300 million. Booz Allen Ventures plans to utilize this funding to support American innovation and develop new solutions by investing in early-stage tech companies poised to transform U.S. government missions. The firm anticipates making 20–25 new investments within the next five years.

Goldman Sachs Reportedly Launches New Program For Retaining Interns

By Amit Chowdhry ● Jul 22, 2025

Goldman Sachs has reportedly introduced a new program aimed at retaining its top interns and preventing them from being poached by private equity firms and other competitors. This initiative is a significant strategic move for the bank in the ongoing "war for talent."

Xelix: $160 Million Series B Raised For Advancing Agentic AI In Accounts Payable

By Amit Chowdhry ● Jul 22, 2025

Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, announced a $160 million Series B funding round led by Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will accelerate platform development and support more organizations in adopting AI for finance operations.

Nexxa.ai: $4.4 Million Pre-Seed Raised For Bringing Specialized AI To Heavy Industries

By Amit Chowdhry ● Jul 22, 2025

Nexxa.ai, an AI-native company focused on transforming the way industrial engineers operate in digital environments, announced a $4.4 million pre-seed funding round. The funding round was driven by a16z speedrun with participation from institutional investors Augment Ventures, Propeller Ventures, Plug and Play, Beat Ventures, SBI, Untapped Ventures, and Cross Atlantic Angels, as well as angel investors Rick Berry and Pat McCarthy, among others. The company was also selected for speedrun Badge 5, a16z's elite accelerator for AI startups.

Rune Technologies: $24 Million Series A Raised For Military Logistics Software

By Amit Chowdhry ● Jul 22, 2025

Rune Technologies is transforming military logistics with its AI-based software TyrOS, which was designed for the modern battlefield. The company recently secured $24 million in Series A funding, led by Human Capital, with contributions from Pax VC, Washington Harbour Partners, and existing investors like Andreessen Horowitz and Point72 Ventures.

DevvStream: $10 Million Initial Funding Raised For Launching Asset-Backed Digital Infrastructure

By Amit Chowdhry ● Jul 22, 2025

DevvStream, a leading carbon management company focusing on developing, investing in, and selling environmental assets, announced today that it has signed a securities purchase agreement for the issuance of up to $300 million in senior secured convertible notes. This move supports its strategic goal to create a blockchain-based treasury and launch a tokenization platform for sustainability-linked infrastructure.

50T: $500 Million Growth Equity Fund Closed

By Amit Chowdhry ● Jul 22, 2025

10T Holdings and 1RoundTable Partners (1RT), two leading growth equity funds in the Digital Asset Ecosystem (DAE), have announced their merger, resulting in the creation of a new brand: 50T. This rebranding reflects their prediction that the global digital asset ecosystem will reach a value of $50 trillion within the next decade.

AMETEK: $920 Million Acquisition Of FARO Technologies Completed

By Amit Chowdhry ● Jul 22, 2025

AMETEK announced that it has completed its acquisition of FARO Technologies for $44 per share in cash, or approximately $920 million, net of cash acquired. The completion of the transaction follows approval from FARO shareholders and the receipt of all regulatory approvals. As a result of the merger's completion, the common stock of FARO will no longer be listed for trading on the Nasdaq.

Lerer Hippeau: Ron Zori Named As Venture Partner

By Amit Chowdhry ● Jul 22, 2025

Lerer Hippeau, a VC firm based in New York City that specializes in early-stage investments, announced the hiring of Ron Zori as Venture Partner—its first ever—for Fund IX. This $200 million fund, dedicated solely to early-stage startups, also celebrates 15 years of supporting early founders as their primary institutional partner.

Peachtree: $250 Million Special Situations Fund Launched To Capitalize On Hotel Market Dislocation

By Amit Chowdhry ● Jul 22, 2025

Peachtree Group has announced the launch of the $250 million Peachtree Special Situations Fund, designed to unlock value in underperforming hotel and commercial real estate assets affected by market illiquidity. This initiative comes at a time when nearly $1 trillion in loans are set to mature in 2025, alongside significant refinancing needs in the hotel sector.

Alix: $20 Million Series A Closed For Transforming Estate Settlement

By Amit Chowdhry ● Jul 22, 2025

Alix, a wealth transfer platform, has announced a successful $20 million Series A funding round, led by Acrew Capital, with participation from Charles Schwab and Edward Jones Ventures. Existing investors, including Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures, also contributed to the oversubscribed funding round. With this latest investment, Alix has raised a total of $30.65 million.

Cerus Secures More DoD Funding To Improve Trauma Hemorrhage Care

By Amit Chowdhry ● Jul 22, 2025

Cerus has announced an extra $7.2 million contract amendment from the U.S. Department of Defense (DoD) for the development of lyophilized Pathogen Reduced, Cryoprecipitated Fibrinogen Complex (also known as INTERCEPT Fibrinogen Complex, or IFC, and, in its lyophilized form, LyoIFC) to help control bleeding from trauma. This additional funding complements the roughly $18 million already allocated in Cerus’ contract with the DoD, aimed at creating a manufacturing process to produce a room-temperature, shelf-stable LyoIFC for use in remote military settings with limited or no refrigeration, enhancing care for both military and civilian trauma patients.