Archives

Qenta Buying Pipit Global For Launching Universal Payments

By Amit Chowdhry ● May 6, 2025

Global payments company Qenta announced the acquisition of Pipit Global, a B2B cross-border payments platform in over 45 countries.

COVU Buying Boutique California Agency CIII Insurance Services

By Amit Chowdhry ● May 6, 2025

COVU, a leader in AI-based services for insurance agencies, announced the acquisition of CIII Insurance Services, a boutique California agency known for its premium clients, white-glove service, and carrier partnerships.

Blue Yonder Reveals AI-Based Cognitive Solutions And Buys Pledge Earth

By Amit Chowdhry ● May 6, 2025

With volatility increasing and economic concerns growing, supply chain leaders are under intense pressure to maximize profits and avoid bottlenecks while remaining optimized. With the latest product release showcased at its annual customer conference, ICON 2025, Blue Yonder announced several AI-based Cognitive Solutions, accelerating long-range and intraday decision making for increased resiliency, resource leverage, and cost control. Blue Yonder also recently announced it has acquired Pledge.

AI Fund: $190 Million Fund II Closed To Co-Found AI Companies

By Amit Chowdhry ● May 6, 2025

AI Fund, a venture studio founded by renowned AI entrepreneur Andrew Ng, today announced the successful closing of its second fund, raising about $190 million in an oversubscribed round.

Autonomys: Interview With CEO Todd Ruoff About The Decentralized AI Scaling Company

By Amit Chowdhry ● May 6, 2025

Autonomys is a network that provides the infrastructure necessary to scale decentralized AI applications on-chain. Pulse 2.0 interviewed Autonomys CEO Todd Ruoff to learn more about the company.

Carrier: Acquisition Of Addvolt Completed

By Amit Chowdhry ● May 5, 2025

Carrier announced it has acquired long-term partner Addvolt, a Portuguese transport electrification technology company. Addvolt provides noninvasive and low-maintenance electric systems with refrigerated vans, trucks, trailers, and containers. Its plug-in electric systems for refrigerated transportation markets avoid fuel usage and reduce major emissions, including noise, particulates, nitrogen oxide, and carbon dioxide.

Gestalt Diagnostics: $7.5 Million Series A Raised For Expanding AI-Based Pathology Platform

By Amit Chowdhry ● May 5, 2025

Gestalt, an innovator in AI-based digital pathology solutions, announced the completion of a $7.5 million Series A financing. The funding round was led by Cowles Ventures, TVF Funds, Inland Imaging Investments, KickStart Funds, and angel investors from the Pacific Northwest.

Blooming Health: $26 Million Series A Closed To Advance Social Care Platform

By Amit Chowdhry ● May 5, 2025

Blooming Health, a social care technology platform, announced it has raised $26 million in a Series A funding round led by global software investor Insight Partners. Existing investors Afore Capital, Crossbeam Venture Partners, and Metrodora Ventures participated.

P-1 AI: $23 Million Raised For Building Engineering AGI For Physical Systems

By Amit Chowdhry ● May 5, 2025

P-1 AI is a company known for building Archie, an AI agent aimed at cognitive automation of tasks that human engineers perform today when designing physical systems. The company also revealed a $23 million seed funding round. The Investors in P-1 AI’s seed round, led by Radical Ventures and included Village Global, Schematic Ventures, Lerer Hippeau, and several angels, including Jeff Dean, Peter Welinder (VP Product, OpenAI), and Bob van Luijt (Co-Founder and CEO, Weaviate), among others.

Omada: Investment Raised From GRO And Kirk Kapital

By Amit Chowdhry ● May 5, 2025

Omada—a leader of Identity Governance and Administration (IGA) software—announced a new phase in its partnership with existing investor GRO. Together with Kirk Kapital, Omada will take a majority ownership position to support its continued expansion and innovation.

Dawn Health: €11.5 Million Raised For Scaling Pharma Digital Health Solutions

By Amit Chowdhry ● May 5, 2025

Dawn Health, a leader in digital health, announced it has secured a €11.5 million funding round from its existing investors, Chr. Augustinus Fabrikker, the Export and Investment Fund of Denmark (EIFO), and Trifork.

Ropes & Gray: Richard Perks Named As Partner In PE Practice

By Amit Chowdhry ● May 5, 2025

Ropes & Gray announced that Richard Perks joined the firm as a partner in the private equity practice, based in Hong Kong. Perks is a leading mergers & acquisitions lawyer with significant experience representing clients across Asia in the acquisition and financing of their transactions.

Birdsboro Power: Strategic Value Partners Acquires Stake In The Facility

By Amit Chowdhry ● May 5, 2025

Strategic Value Partners, an alternative investment firm with about $22 billion of assets under management, announced that its managed funds completed the acquisition of a stake in Birdsboro Power, which is a 485-megawatt natural gas-fired combined-cycle generation facility located in Berks County, Pennsylvania.

Dataminr: $100 Million Investment Raised From Fortress

By Amit Chowdhry ● May 5, 2025

Dataminr announced the closing of a $100 million convertible financing from funds managed by affiliates of Fortress Investment Group.

DLA Piper: John Gollaglee Named As Office Managing Partner

By Amit Chowdhry ● May 5, 2025

Global law firm DLA Piper announced the appointment of John Gollaglee as Office Managing Partner (OMP) for the firm’s North West offices (Manchester and Liverpool). Gollaglee succeeds Mark Beardwood, who steps down after six years in the role.

TTV Capital: Lynne Laube And Rachel Hamilton Named As Venture Partners

By Amit Chowdhry ● May 5, 2025

TTV Capital, an early-stage fintech venture capital firm, announced that Lynne Laube and Rachel Hamilton have joined as venture partners. And in these roles, Laube and Hamilton will provide strategic counsel to TTV Capital's portfolio companies based on their decades of experience scaling early-stage fintech companies.

DLA Piper: Mark Bennett Named As Technology Partner

By Amit Chowdhry ● May 5, 2025

DLA Piper announced it has appointed technology and real estate lawyer Mark Bennett as a partner in its Sydney office. Bennett has over 20 years of experience in Sydney, London, Hong Kong, and Mumbai. He has an extensive cross-border practice, with industry knowledge in technology and financial services.

Clifford Chance Reveals Promotion Of 31 New Partners

By Amit Chowdhry ● May 5, 2025

Global law firm Clifford Chance announced the promotion of 31 lawyers to the partnership. The new partners have tremendous experience, which will be available to clients across international markets and sectors aligned with the firm's global growth strategy.

True Anomaly: $260 Million Raised For Building Space Security

By Amit Chowdhry ● May 5, 2025

True Anomaly announced its $260 million fundraising effort. The Series C funding was led by Accel, with participation from Meritech Capital and existing investors Eclipse, Riot Ventures, Menlo Ventures, 645 Ventures, ACME Capital, Space VC, Champion Hill Ventures, and Narya. Stifel Bank is providing debt capital.

Rensselaer Polytechnic Institute: $10 Million Gift From Alumnus And Entrepreneur Ajit Prabhu

By Amit Chowdhry ● May 5, 2025

Rensselaer Polytechnic Institute (RPI) announced it has received a $10 million gift from Ajit Prabhu ’98, founder and CEO of Quest Global, to establish the Ajit Prabhu Catalyst Endowment and the Ajit Prabhu Catalyst Fund in support of the Office of Strategic Alliances and Translation (OSAT). Prabhu launched the fund to assist RPI students and faculty entrepreneurs.

Peek: Series A Raised For Virtual Leasing Platform

By Amit Chowdhry ● May 5, 2025

Peek, a virtual leasing platform that helps property managers and owners accelerate the leasing process and reduce vacancy loss, announced that it has raised $5 million in Series A funding. The funding round was led by Moneta Ventures, with participation from Timber Grove Ventures and other existing investors.

Sidley: Chris Jackson Named As Finance Partner In New York

By Amit Chowdhry ● May 5, 2025

Sidley announced that Chris Jackson has joined the firm’s Global Finance group as a partner in Sidley’s office in New York. And he was previously a partner at A&O Shearman. Luke Maiman also joins as counsel.

Ara Partners: Over $800 Million Raised For Inaugural Infrastructure Fund

By Amit Chowdhry ● May 5, 2025

Ara Partners, a global investment firm dedicated to decarbonizing the industrial economy, announced that it has raised over $800 million for its Ara Infrastructure strategy, including its debut Fund, Ara Infrastructure Fund I, and associated co-investment vehicles.

Blacksmith: $3.5 Million Raised For High-Performance CI Cloud Platform

By Amit Chowdhry ● May 5, 2025

Blacksmith, a high-performance CI cloud designed to compete with industry giants in an AI world, announced $3.5 million in seed funding led by GV (Google Ventures) and Y Combinator, with participation from angel investors including Spencer Kimball, CEO of Cockroach Labs; Peter Mattis, CTO of Cockroach Labs; and Rich Aberman, Co-Founder of WePay by J.P. Morgan.

Smith Point Capital: Over $360 Million Raised For Inaugural Fund

By Amit Chowdhry ● May 5, 2025

Smith Point Capital Management—an operator-led venture capital firm shaping the intelligent enterprise—announced the final closing of its inaugural fund, Smith Point Capital Fund I. With over $360 million in aggregate commitments, Smith Point Capital Fund I exceeded its target of $300 million.

Mission Wealth: Strategic Investment Raised From Great Hill Partners

By Amit Chowdhry ● May 5, 2025

Mission Wealth (coinciding with its 25th anniversary) announced a minority investment from Great Hill Partners, a private equity firm that invests in high-growth companies.

Sidley: Barbara Stettner Named As Partner In Securities Enforcement And Regulatory Practice

By Amit Chowdhry ● May 5, 2025

Sidley announced Barbara Stettner has joined the firm’s Securities Enforcement and Regulatory practice in Washington, D.C. Stettner joined from A&O Shearman, where she worked as U.S. Head of Financial Services Regulatory.

Sunoco Buying Parkland Corporation In $9.1 Billion Deal

By Amit Chowdhry ● May 5, 2025

Sunoco and Parkland Corporation announced that they have entered into a definitive agreement under which Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately $9.1 billion, including assumed debt.

Maridea Wealth: Strategic Investment From 119th Street Capital

By Amit Chowdhry ● May 5, 2025

119th Street Capital - a private investment firm specializing in financial services - announced a strategic investment in Maridea Wealth Management, a leading independent wealth management firm. This funding, made alongside Pelican Capital, will support Maridea’s continued growth, expansion, and commitment to delivering best-in-class advisory services to individuals and families across the US.

Mariner Adding $325 Million Team Hyre Personal Wealth Advisors

By Amit Chowdhry ● May 5, 2025

Mariner, a national financial services firm, announced the acquisition of Hyre Personal Wealth Advisors. This deal adds about $325 million in assets under advisement and establishes the firm’s second office in Columbus, Ohio, and eighth in the Buckeye State.