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CyberProof: Interview With CEO And CISO Tony Velleca About The Managed Detection And Response Company

By Amit Chowdhry ● Feb 24, 2026

CyberProof, a UST company, delivers AI-powered Managed Detection and Response (MDR) services and advanced, threat-led defense strategies to help global enterprises anticipate, detect, and respond to cyber threats more efficiently. Pulse 2.0 interviewed CyberProof CEO and UST Chief Information Security Officer Tony Velleca to learn more.

Axelera AI: Over $250 Million Raised For Global Expansion Of AI Semiconductor Platform

By Amit Chowdhry ● Feb 24, 2026

Axelera AI, a European AI semiconductor company focused on edge and data center acceleration, announced it has secured more than $250 million in new funding to accelerate global commercial growth. The round was led by funds managed by Innovation Industries, with participation from new investors including BlackRock and SiteGround Capital, as well as existing backers Bitfury, CDP Venture Capital, European Innovation Council Fund, SFPIM, Invest-NL, Samsung Catalyst Fund, and Verve Ventures.

Brevet Capital: $150 Million Senior Construction Loan Closed For Wharton Piers Residential Tower In Philadelphia

By Amit Chowdhry ● Feb 24, 2026

Brevet Capital has closed a $150 million senior construction loan from Banco Inbursa to finance the development of Building A at Wharton Piers, a major mixed-use waterfront project in South Philadelphia.

Letter AI: $40 Million Series B Raised For AI-Native Revenue Enablement Platform

By Amit Chowdhry ● Feb 24, 2026

Letter AI, an AI-native revenue enablement platform for enterprise go-to-market teams, has raised $40 million in a Series B funding round led by Battery Ventures, with participation from Y Combinator, Lightbank, Northwestern Mutual Future Ventures, Stage 2 Capital, and existing investors. The round comes just four months after the company’s previous raise and reflects accelerating enterprise demand for AI-driven platforms designed to improve deal outcomes.

Circadian Risk: $6 Million Raised In Series A For Enterprise Risk Analysis SaaS Platform

By Amit Chowdhry ● Feb 24, 2026

Circadian Risk, a pioneer in enterprise risk analysis SaaS and scenario-based assessment products, has closed a $6 million Series A funding round led by Arthur Ventures, with participation from Roll Tack Ventures and existing investors 11 Tribes and Tamiami Angel Funds. The round was meaningfully oversubscribed, enabling the company to assemble a focused group of partners aligned with its long-term growth strategy.

Cutting Horse: $75 Million Raised For Consumer-Focused Growth Equity Fund I

By Amit Chowdhry ● Feb 24, 2026

Cutting Horse, a boutique growth equity firm focused on founder-led consumer brands, has closed its inaugural fund with $75 million in capital commitments, exceeding its original $50 million target and reaching its hard cap. The oversubscribed fund was raised in less than 12 months and will support the firm’s strategy of partnering with founders building durable, high-growth consumer product and service businesses.

Topspin Consumer Partners: Investment In Sport Flooring And Locker Manufacturer Grid

By Amit Chowdhry ● Feb 24, 2026

Topspin Consumer Partners, an operationally driven private equity firm focused on the consumer sector, announced a strategic investment in Grid, a leading U.S. designer and manufacturer of laminate and phenolic lockers and performance flooring solutions for fitness, athletic team sports, and health and wellness facilities. Financial terms of the transaction were not disclosed.

Victor Capital Partners: Investment In Specialty Fenestration Group

By Amit Chowdhry ● Feb 24, 2026

Victor Capital Partners, a middle market private equity firm focused on branded businesses in the industrial technology, business services, and specialty consumer sectors, announced an investment in Specialty Fenestration Group, a diversified platform that designs and manufactures critical transaction and high-security window and door solutions.

Capital Constellation: Strategic Partnership Completed With Gallatin Point Capital

By Amit Chowdhry ● Feb 24, 2026

Capital Constellation, an investment platform managed by Wafra, has completed a strategic partnership with Gallatin Point Capital, a private investment firm focused on structured investments in financial institutions, financial services, and related assets.

Beacon Pointe Advisors: $1.2 Billion RIA The Financial Advisors Joins To Expand New England Footprint

By Amit Chowdhry ● Feb 24, 2026

Beacon Pointe Advisors has acquired The Financial Advisors, a $1.2 billion AUM registered investment adviser based in Andover and Newburyport, Massachusetts, strengthening its presence across the New England market. Following the transaction, Beacon Pointe oversees approximately $62 billion in total client assets under advisement.

Aspen Standard Wealth Names Kevin DiSano As President

By Amit Chowdhry ● Feb 24, 2026

Aspen Standard Wealth, a permanent home for successful independent RIAs, has named Kevin DiSano, CIMA, CPWA, as President.

Jampack AI: $3.2 Million Raised For Agentic Wholesale Automation Platform For CPG Brands

By Amit Chowdhry ● Feb 24, 2026

Jampack AI, an agentic platform automating wholesale operations for consumer packaged goods brands, announced it has raised $3.2 million in seed funding. The round was led by Maveron, with participation from Timber Grove Ventures and a group of industry angels.

Elevance Health Foundation: $2.3 Million Committed To Expand Food As Medicine Programs Nationwide

By Amit Chowdhry ● Feb 24, 2026

Elevance Health Foundation announced it has awarded 22 new grants totaling more than $2.3 million to expand food-as-medicine programs across the United States, supporting nonprofit organizations working to improve access to nutritious food and advance clinical outcomes for individuals and families facing food and nutrition insecurity.

Claimify Raises Strategic Growth Investment From Ambler Brook

By Amit Chowdhry ● Feb 24, 2026

Ambler Brook, a Boston-based private investment firm focused on founder-owned businesses, announced it has made a strategic growth investment in Claimify, a national provider of tech-enabled solutions to the disability insurance industry.

Basis: $100 Million Raised At $1.15 Billion Valuation For AI Agent Platform Serving Accountants

By Amit Chowdhry ● Feb 24, 2026

Basis, an AI agent platform built for accountants, has raised $100 million in Series B funding at a $1.15 billion valuation. The round was led by Accel, with participation from GV and Lloyd Blankfein, alongside existing backers including Khosla Ventures, which doubled down on its investment. Accel’s Miles Clements will join Khosla Ventures’ Keith Rabois on the company’s board.

Swan AI: $6 Million Raised To Build The First Autonomous Business

By Amit Chowdhry ● Feb 24, 2026

Swan AI announced it has raised $6 million in funding as it aims to build what it calls the first “autonomous business,” targeting $10 million in revenue per employee and redefining how modern companies approach growth.

Updata Partners: $875 Million Raised For Software Growth Equity Fund VIII

By Amit Chowdhry ● Feb 24, 2026

Updata Partners has closed Updata Partners VIII, L.P., with $875 million in aggregate capital commitments, marking the largest fund in the firm’s history. The Washington, D.C.–based growth equity firm exceeded its target and reached its hard cap in six months, reflecting strong backing from both existing and new limited partners.

Myrias Optics: $2.1 Million Seed 1 Financing To Accelerate Commercialization Of Wafer-Level Metaoptics

By Amit Chowdhry ● Feb 24, 2026

Myrias Optics has closed a $2.1 million Seed 1 financing round to accelerate the commercialization of its wafer-level metaoptics and diffractive optical technologies. The round, completed in January 2026, was led by MassVentures, with participation from existing investors Hoss Investment Inc., Maroon Venture Partners, and Tenon Venture Partners, as well as new investors Mill Town Capital, TiE Boston Angels, and Doug Crane.

Gridco: Strategic Growth Investment Secured From BayHawk Capital

By Amit Chowdhry ● Feb 24, 2026

Gridco, a provider of maintenance, upgrade, and construction services to electric utilities, announced it has received a strategic growth investment from BayHawk Capital, a private equity firm focused on founder-owned essential services and technology businesses.

Citi: $2.5 Billion Deal To Sell 24% Stake In Banamex To Institutional Investors Ahead Of IPO

By Amit Chowdhry ● Feb 24, 2026

Citi announced it has entered into agreements with several prominent institutional investors and family offices for commitments to purchase an aggregate 24% equity stake in Grupo Financiero Banamex, S.A. de C.V. as the bank advances its divestiture of Banamex.

Honigman: Chicago Office Expands With Addition Of Two Private Equity Partners

By Amit Chowdhry ● Feb 24, 2026

Honigman announced that Alexander Moss and Injune Park have joined the firm’s nationally recognized Private Equity Practice within its Corporate Department, further expanding its growing Chicago office. Moss and Park become the seventh and eighth partners to join the firm this year and follow George Stowe, who also joined from Benesch, Friedlander, Coplan & Aronoff last fall.

Enhabit: $1.1 Billion Acquisition By Kinderhook Industries

By Amit Chowdhry ● Feb 24, 2026

Enhabit has entered into a definitive agreement to be acquired by Kinderhook Industries, LLC in an all-cash transaction valued at approximately $1.1 billion in total enterprise value.

Veris Residential: $3.4 Billion Cash Take-Private Deal With Affinius Capital-Led Consortium

By Amit Chowdhry ● Feb 24, 2026

Veris Residential, Inc., a Northeast-focused Class A multifamily REIT, has entered into a definitive merger agreement to be acquired by an investor consortium led by Affinius Capital in partnership with Vista Hill Partners in an all-cash transaction valued at $3.4 billion. Shareholders will receive $19 per share in cash, representing a 23.2% premium to the company’s unaffected closing share price on February 4, 2026, and a 27.5% premium to its 30-day volume-weighted average price for the period ended February 4, 2026.

AgeneBio: Northwestern University Research On Levetiracetam Plaque Prevention Reinforces Novel Alzheimer’s Disease Approach

By Amit Chowdhry ● Feb 24, 2026

AgeneBio recently announced that recent research suggesting levetiracetam may prevent amyloid-beta plaque formation in early-stage Alzheimer’s disease further validates the company’s approach to treating cognitive impairment associated with neurodegenerative disorders. The Baltimore-based clinical-stage biopharmaceutical company retains exclusive rights to a low-dose, extended-release formulation of levetiracetam designed specifically for treating mild cognitive impairment due to Alzheimer’s disease.

Integrated Partners Launches Private Wealth Platform To Guide Business Owners Through High-Stakes Transitions

By Amit Chowdhry ● Feb 24, 2026

Integrated Partners, a national financial planning and registered investment advisory firm serving more than $25 billion in assets under advisement, has launched Integrated Private Wealth, a new private wealth brand designed to guide business owners and their families through complex liquidity events and major life transitions.

Osaic: $1.2 Billion Firm Bard Financial Services Transitions To Empowered Independence Channel

By Amit Chowdhry ● Feb 24, 2026

Osaic, one of the nation’s largest providers of wealth management strategies, announced that Bard Financial Services, Inc., a Connecticut-based advisory firm overseeing approximately $1.2 billion in assets under management, has transitioned to Osaic’s Empowered Independence W-2 channel.

Arqitech: Series A Raised To Bridge DeFi And TradFi With Non-Custodial Infrastructure

By Amit Chowdhry ● Feb 24, 2026

Arqitech, a non-custodial infrastructure platform connecting institutional finance with digital assets, announced it has closed a Series A financing round led by Muriel Siebert & Co., LLC, a broker-dealer and wholly owned subsidiary of Siebert Financial.

Comeryx: $7.5 Million Raised For AI-Native MGA Serving Small Business Artisan Contractors In E&S Insurance

By Amit Chowdhry ● Feb 24, 2026

Comeryx announced its formation and the closing of a $7.5 million funding round to build an AI-native, fully digital managing general agent focused on small business artisan contractors in the excess and surplus insurance market. The round was led by Altai Ventures, with participation from American Family Ventures, Intact Ventures, Boulder Ventures, Arch Capital Group Ltd., and Echelon.

BX Partners: Interview With Co-Founder Craig Cmiel About The Investment Consulting Platform Company

By Amit Chowdhry ● Feb 24, 2026

BX Partners is a research-driven investment consulting platform that supports financial professionals by providing AI-enabled methodologies, direct indexing strategies, and risk management tools to curate high-conviction portfolios. It acts as a strategy engine for wealth management firms to enhance portfolio design and scale efficiently. Pulse 2.0 interviewed BX Partners co-founder Craig Cmiel to learn more.

Portkey: $15 Million Raised For Unified Control Plane For Production AI

By Amit Chowdhry ● Feb 24, 2026

Portkey announced it has raised $15 million in series A funding to scale what it describes as the unified control plane for production AI. The round was led by Elevation Capital, with participation from Lightspeed.