Archives

Hub: $1.6 Billion Minority Investment Raised At $29 Billion Valuation For Insurance Broker

By Amit Chowdhry ● May 14, 2025

Hub - a leading global insurance brokerage and financial services firm - announced that it has entered into a definitive agreement for a minority common equity investment of approximately $1.6 billion. The funding is being led by funds and accounts advised by T. Rowe Price Investment Management, Alpha Wave Global, and Temasek, with participation from other new and existing investors. And this funding values Hub at a total enterprise valuation of $29 billion.

Denali Growth Partners: $400 Million Raised For Second Growth Equity Fund

By Amit Chowdhry ● May 14, 2025

Denali Growth Partners (DGP) announced the final closing of Denali Growth Partners Fund II at $400 million in total limited partner capital commitments. And Fund II exceeded its $350 million target, which was backed by strong demand from both existing and new investors.

Cart.com: $50 Million Raised At $1.6 Billion Valuation For Commerce Solutions

By Amit Chowdhry ● May 14, 2025

Cart.com, a leading unified commerce solutions provider, announced it has raised additional funding of $50 million and achieved a post-money valuation of $1.6 billion. This funding includes financing from funds and accounts managed by BlackRock and Neuberger Berman, new investors such as eGateway Capital, and other venture capital firms, strategic investors, and family offices. Since its founding, Cart.com has raised a total of $475 million.

Aegle Capital: Interview With Founder Gerardo Zampaglione About The Healthcare Financing Firm

By Amit Chowdhry ● May 14, 2025

Aegle is a company that has developed specialty capital solutions for self-insured employers and risk-bearing entities that by enhance traditional stop-loss reinsurance. Pulse 2.0 interviewed Aegle Capital founder Gerardo Zampaglione to learn more about the firm.

Realta: $36 Million Series A Closed For Fusion Energy Platform

By Amit Chowdhry ● May 13, 2025

Fusion energy startup Realta Fusion announced an oversubscribed $36 million Series A funding round to bring its compact, scalable, modular magnetic mirror fusion technology closer to commercialization. Future Ventures led the round, which also included Mayfield, GSBackers, SiteGround, Avila VC, and other investors. Existing Realta Fusion investors Khosla Ventures, Wisconsin Alumni Research Foundation, and TitletownTech also participated.

Kirkland: John Kabealo Named As Partner In International Trade & National Security Practice Group

By Amit Chowdhry ● May 13, 2025

Kirkland & Ellis announced that John Kabealo has joined the firm as a partner in the International Trade & National Security Practice Group. Along with Mr. Kabealo, Evan Sills will also join Kirkland as a partner.

Freshfields: Marin Boney Named As Antitrust Partner In DC

By Amit Chowdhry ● May 13, 2025

Freshfields announced that Marin Boney has joined the firm as an antitrust partner in Washington, D.C., where she will focus on merger control and antitrust advisory work for private capital clients.

X-Bow Systems: Over $105 Million Series B Raised For Defense Technologies

By Amit Chowdhry ● May 13, 2025

X-Bow Systems - a leading non-traditional producer of advanced manufactured solid rocket motors (SRMs) and defense technologies - announced the final closing of its Series B funding round, totaling over $105 million. This strategic portion of this round was led by Lockheed Martin with a significant investment in X-Bow Systems. This total funding round included investment from Razor's Edge Ventures, Crosslink Capital, Lockheed Martin, Balerion Space Ventures, Boeing Ventures, Bravo Victor Venture Capital, Upsher Management Company, Capital Factory Ventures, Arkenstone Capital, and Event Horizon Capital.

Latham: David Brenneman Named As Merger Control Partner In DC

By Amit Chowdhry ● May 13, 2025

Latham & Watkins announced that David Brenneman has joined the firm's Washington, D.C. office as a partner in the Antitrust & Competition Practice and a member of the Litigation & Trial Department. Brenneman's practice focuses on the antitrust aspects of mergers and acquisitions, joint ventures, and other business combinations and collaborations.

Glass Imaging: $20 Million Raised For Expanding AI Imaging

By Amit Chowdhry ● May 13, 2025

Glass Imaging, a company utilizing the power of AI to transform digital image quality, announced a Series A funding round led by Insight Partners. The $20 million funding round will enable Glass Imaging to continue refining and implementing its proprietary GlassAI technologies across a wide range of camera platforms—from smartphones to drones to wearables etc. Previous Glass Imaging investors GV (Google Ventures), Future Ventures, and Abstract Ventures joined the Series A round.

TPG Buying Digital Infrastructure Company Peppertree For Up To $960 Million

By Amit Chowdhry ● May 13, 2025

TPG (a leading global alternative asset management firm) and Peppertree Capital Management (a leading specialized digital infrastructure investment firm with a focus on wireless communications towers) announced recently that they have entered into a definitive agreement under which TPG will acquire the Peppertree business in a cash and equity transaction estimated to include up to $242 million in cash and up to $418 million in equity, payable at closing, subject to certain adjustments. The deal also includes earnouts based on Peppertree’s future performance, valued at up to $300 million.

Corsair Capital: Continuation Vehicle And Secondary Fund Closed At About $600 Million

By Amit Chowdhry ● May 13, 2025

Corsair Capital, an investment firm focused on payments, software, and business services investments in the financial services market, announced that it has raised about $600 million in commitments, closing its first multi-asset continuation vehicle and secondary fund. The deal was fully capitalized by a group of new and existing limited partners, led by Coller Capital.

Ravio: $12 Million Series A Closed For Enhancing Compensation Data Platform

By Amit Chowdhry ● May 13, 2025

Ravio announced it has raised a $12 million Series A funding round led by Spark Capital (US) with participation from Blackbird (Australia) and Cherry Ventures (Europe) to transform how companies manage compensation with real-time market data and decision making tools.

Crowd Power Ventures: $20 Million Fund Launched For Helping Creators

By Amit Chowdhry ● May 13, 2025

Crowd Power Ventures (CPV), a venture studio and strategic investment partner for media, marketing, and advertising talent, announced the launch of a $20 million fund to build an integrated marketing ecosystem for the creator economy.

Fastino: $17.5 Million Raised For Building Next-Gen LLMs

By Amit Chowdhry ● May 13, 2025

Fastino AI announced it launched a new AI model architecture, coined ‘TLMs’ – Task-Specific Language Models. Fastino also announced $17.5 million in seed funding led by Khosla Ventures, bringing Fastino’s total funding to $25 million. The funding round included participation from preseed lead investor Insight Partners, Valor Equity Partners, and notable angels including Scott Johnston, the previous CEO of Docker, and Lukas Biewald, the CEO of Weights & Biases.

CueZen: $5 Million Seed Funding Raised Advancing Healthcare Solutions

By Amit Chowdhry ● May 13, 2025

CueZen, an AI-based personalization engine for health, announced $5 million in funding led by Point72 Ventures, with participation from Pack VC, Fortson VC, and Nextinfinity.

Lovelace AI: Seed Funding Raised For Advancing Data Fusion Technology

By Amit Chowdhry ● May 13, 2025

Lovelace AI, a Pittsburgh-based AI company pioneering real-time data fusion, announced the closing of a seed round investment. The funding round was led by RRE Ventures and it will advance product development, talent acquisition, and deployment of Lovelace's core technology across both defense and commercial applications.

Grande Towers Buying Tower Assets From Altice USA

By Amit Chowdhry ● May 13, 2025

Grande Towers (GTC), an independent wireless infrastructure provider, announced it has signed a definitive agreement to acquire certain tower assets of Altice USA. The deal is expected to close early in the third quarter of 2025.

Baker McKenzie: Todd Beauchamp And Charles Weinstein Join DC Office

By Amit Chowdhry ● May 13, 2025

Baker McKenzie announced that Todd Beauchamp and Charles Weinstein, who are highly regarded lawyers in the fintech and payments space, have joined the firm's Washington, DC office.

Itron: Interview With SVP Of Device Solutions Justin Patrick About The Smart Energy And Water Solutions Company

By Amit Chowdhry ● May 13, 2025

Itron is a company that enables utilities and cities to safely, securely and reliably deliver critical infrastructure services to communities in more than 100 countries. Pulse 2.0 interviewed Iton’s SVP of Device Solutions Justin Patrick to learn more about the company.

Growl: Interview With Co-Founder & CEO Léo Desrumaux About The At-Home Fitness Company

By Amit Chowdhry ● May 13, 2025

Growl is a company that recently launched out of stealth and built a gamified at-home fitness experience powered by AI and gaming tech. Today, the company announced a Kickstarter campaign for interested users to reserve a Growl at a discounted price. Pulse 2.0 interviewed Growl co-founder and CEO Léo Desrumaux to learn more about the company.

InvestBev Signs Eight-Figure Deal With RD1

By Amit Chowdhry ● May 13, 2025

InvestBev, which is the largest private equity firm focused on the adult beverage industry and CPG, announced the closing of an eight-figure financing agreement with Registered Distillery One (RD1), a respected name in the bourbon industry.

Upscale AI: $5.5 Million Raised To Help Brands Optimize TV Ads

By Amit Chowdhry ● May 13, 2025

Upscale AI announced it has launched to help e-commerce brands win on streaming. And with $5.5 million in seed and pre-seed funding, Upscale launches Upscale Studio, the first end-to-end AI-native platform built to create, run, and optimize performance TV ads across streaming. The seed funding round was led by nvp capital with participation from M12 (Microsoft’s Venture Fund), Eniac Ventures, SuperAngel.Fund and Breakpoint Capital.

KatRisk Buying Gamma To Expand Location Intelligence Capabilities

By Amit Chowdhry ● May 13, 2025

KatRisk, a leading provider of catastrophic risk modeling software to the insurance and financial services industries, announced the acquisition of Gamma, a pioneering company in location intelligence and property-level risk assessment. This strategic deal supports KatRisk's expertise in risk analytics, enabling the delivery of more precise insights and technologies that drive smarter decisions.

SavvyMoney Buying Fintech Solutions Provider CreditSnap

By Amit Chowdhry ● May 13, 2025

SavvyMoney, a leading provider of financial wellness tools and personalized loan offerings, announced the acquisition of CreditSnap. This fintech solution provider powers intelligent integrations to digital loan, deposit, and account onboarding solutions for banks and credit unions.

Stash: $146 Million Series H Raised And $4.3 Billion AUM Milestone

By Amit Chowdhry ● May 13, 2025

Stash, a transformative platform helping millions build financial futures, announced that it has secured $146 million in an oversubscribed new Series H funding through a round led by Goodwater Capital, with participation from returning investors Union Square Ventures, StepStone Group, Serengeti, and the University of Illinois Foundation, and funds and accounts advised by T. Rowe Price Investment Management.

Blinq: $25 Million Series A Secured For Digital Business Card Platform

By Amit Chowdhry ● May 13, 2025

Blinq, a digital business card platform helping professionals connect instantly, announced a $25 million Series A funding round led by Touring Capital, with participation from existing investors Blackbird Ventures and Square Peg Capital, and new investor HubSpot Ventures.

Rentana: $5 Million Secured For Accelerating Revenue Optimization

By Amit Chowdhry ● May 13, 2025

Rentana, an AI-based revenue intelligence platform for multifamily owners and operators, announced the closing of a nearly $5 million seed funding round led by Zigg Capital and Benchstrength.

Tuva Health: Interview With Aaron Neiderhiser About The Healthcare Analytics Company

By Amit Chowdhry ● May 13, 2025

Tuva Health is a company on a mission to accelerate the creation of high-quality evidence and AI from healthcare data. Pulse 2.0 interviewed Tuva Health CEO Aaron Neiderhiser to learn more about the company.

Unrivaled Sports: $120 Million Raised For Youth Sports Platform

By Amit Chowdhry ● May 13, 2025

Unrivaled Sports, a leader in youth sports experiences, announced a strategic investment by DICK'S Sporting Goods, which led the company's latest funding round. The strategic funding will help fuel Unrivaled Sports' mission, which is to create unrivaled sport experiences for young athletes everywhere, by continuing to deliver and expand experiences, programs, and destinations for young athletes across the nation.