Archives

Trustifi: $25 Million Series A Raised For Scaling AI Email Security Platform

By Amit Chowdhry ● Jun 5, 2025

Trustifi, a leading cybersecurity software platform specializing in email security, data loss prevention, and security awareness training, announced the closing of its $25 million Series A funding round. The funding was led by Camber Partners.

Mercer Advisors Brings On $2 Billion Full Sail Capital Team

By Amit Chowdhry ● Jun 5, 2025

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced the acquisition of Full Sail Capital, an Oklahoma City-based wealth management firm serving high-net-worth and multigenerational families. Managing $2 billion in client assets, Full Sail marks Mercer Advisors’ second acquisition in Oklahoma, expanding its presence in Texas and Oklahoma to over $7 billion in client assets under management (AUM).

Simpson Thacher: Joanne Mak Joins As Partner In London Office

By Amit Chowdhry ● Jun 5, 2025

Simpson Thacher & Bartlett announced that Joanne (Jo) Mak will join the firm as a partner in the London office, where she will focus on secondaries transactions. Jo represents clients on various transactions in the private funds secondaries market, including single-asset continuation funds, multi-asset continuation funds, portfolio sales, structured secondaries, synthetic secondaries, stapled secondary offerings, preferred equity, and other fund recapitalizations. And her practice also incorporates advising private funds in connection with a range of transactional matters, including direct co-investments. Jo joins from Kirkland & Ellis, where she was a partner.

GridFree AI: $5 Million Raised For Data Center Infrastructure Solution

By Amit Chowdhry ● Jun 5, 2025

GridFree AI, a company incubated by Montauk Climate, emerged with a novel end-to-end data center infrastructure solution that dramatically reduces development timelines. And the company announced it has raised $5 million in funding led by Giant Ventures, with participation from Amplo. GridFree AI is headed by a former BP executive and a senior global leader from Microsoft.

GC AI: Series A Funding Raised To Help Legal Teams Find AI To Automate Tasks

By Amit Chowdhry ● Jun 5, 2025

GC AI, a legal AI platform built for in-house counsel, announced nearly 3 times the revenue growth this year. And GC AI has grown an average of 21% month-over-month (MoM) in revenue in 2025, now serving more than 350 enterprise customers and thousands of users across 53 countries. The company also recently closed a Series A led by Sound Ventures, alongside Fellows Fund, Guillermo Rauch, Gokul Rajaram, TipTop VC, and more than 30 general counsel and legal leaders.

Prepared: $80 Million Series C Raised For Emergency Response AI Platform

By Amit Chowdhry ● Jun 5, 2025

Prepared, a leading assistive AI platform for emergency response, announced a Series C funding round of $80 million led by General Catalyst, with participation from returning investors Andreessen Horowitz (a16z) and First Round Capital. And joining General Catalyst as a new investor is Radical Ventures, a fund focused on investing in transformative AI. This funding round brings Prepared’s total investments to over $130 million.

Diakonos Oncology: $20 Million Raised For Developing Immunotherapies To Treat Challenging And Aggressive Cancers

By Amit Chowdhry ● Jun 5, 2025

Diakonos Oncology - a clinical-stage biotechnology company developing a new generation of immunotherapies to treat challenging and aggressive cancers - announced the closing of a $20 million private placement of Simple Agreements for Future Equity (SAFE) to advance the company's Phase 2 glioblastoma trial for dubodencel, also known as DOC1021, and support the expansion of its clinical portfolio to other indications, including refractory melanoma.

Morrison Foerster: Naoya Shiota Named As Partner In Tokyo

By Amit Chowdhry ● Jun 5, 2025

Leading global law firm Morrison Foerster announced the addition of Naoya Shiota as a partner in the global Private Equity Group in the firm’s Tokyo office. Shiota’s arrival further enhances Morrison Foerster’s international private equity capabilities in Japan, complementing its 50-strong team of corporate and M&A attorneys in Tokyo.

Taste Tomorrow Ventures: $30 Million Fund Launched With Just Ice Tea As First Investment

By Amit Chowdhry ● Jun 5, 2025

Taste Tomorrow Ventures (TTV), a new VC firm focused on early-stage investments in the beverage, food, and snack industries, announced the first closing of its $30 million debut fund, TTV Fund I. This fund is backed by a strong lineup of strategic investors, such as Ball Corporation and Advantage Solutions.

Literal Labs: £4.6 Million Pre-Seed Funding Raised For Developing Energy-efficient Logic-Based AI

By Amit Chowdhry ● Jun 5, 2025

Literal Labs, a logic-based AI algorithm company led by former Arm VP Noel Hurley, announced that it has raised £4.6 million ($6.2 million) in pre-seed funding. The funding round was led by Northern Gritstone (a science and tech-focused investment firm from Northern England) and co-led by Mercuri (a London-based fund focused on companies at the intersection of media, entertainment, and technology sectors), with participation from Sure Valley Ventures, Cambridge Future Tech SPV, and several angel investors.

Bernhard Capital Sets Up Utility Engineering & Consulting Platform Via TechServ Deal

By Amit Chowdhry ● Jun 5, 2025

Bernhard Capital Partners (BCP), a services and infrastructure-focused private equity management firm, announced its acquisition of TechServ, a leading utility service provider of engineering, oversight, telecommunication design, joint use and storm support services. With this investment, BCP has set up a new platform focused on utility engineering and consulting, which will be strategically positioned for supporting grid modernization and expansion efforts across the electric power and telecommunication utility sectors.

PAG: Nikhil Srivastava Named As Co-Head of Private Equity

By Amit Chowdhry ● Jun 5, 2025

PAG, a leading Asia-Pacific focused alternative investment firm, announced that Nikhil Srivastava, Partner and Head of India Private Equity, has been appointed as Co-Head of PAG’s Private Equity business, effective immediately. Srivastava will also join the firm’s Management Committee and will work alongside David Wong, Partner and Co-head of PAG Private Equity, to lead PAG’s private equity operations.

Woofz: Interview With Founder & CEO Natalia Shahmetova About The Dog Training App Company

By Amit Chowdhry ● Jun 5, 2025

Woofz by nove8 is a puppy and dog training app built to help owners create stronger, happier bonds with their dogs. Pulse 2.0 interviewed Woofz founder and CEO Natalia Shahmetova to gain a deeper understanding of the company.

Talkdesk: Interview With Founder & CEO Tiago Pavia About The AI-Powered CX Innovator

By Amit Chowdhry ● Jun 5, 2025

Talkdesk is a global provider of artificial intelligence (AI)-powered customer experience (CX) technology that serves enterprises of all sizes. And Talkdesk CX Cloud and Industry Experience Clouds help enterprises deliver modern customer service their way. Pulse 2.0 interviewed Talkdesk founder and CEO Tiago Pavia to learn more about the company.