Archives

Marex Group To Buy Winterflood Securities In £103.9 Million Deal

By Amit Chowdhry ● Jul 25, 2025

Marex Group plans to acquire Winterflood Securities from Close Brothers for about £103.9 million. Winterflood, a leading UK equity market maker with a market share of approximately 15%, serves over 400 institutional clients and enhances client connections through its platform.

Slingshot Reveals $93 Million In Funding And Launches Ash

By Amit Chowdhry ● Jul 25, 2025

Slingshot AI has launched Ash, the first AI specifically designed for therapy, following an extension of its Series A funding co-led by Radical Ventures and Forerunner Ventures. With a total of $93 million raised from investors like a16z, Felicis, and Menlo, Ash is now available as a free app for iOS and Android, providing personalized mental health support to smartphone users.

Legacy Brands Buying BRIX Holdings

By Amit Chowdhry ● Jul 25, 2025

BRIX Holdings, a Dallas-based multi-brand franchising company specializing in food service chains, has been acquired by Legacy Brands International, managed by Amol Kohli, a multi-unit franchisee of Friendly's Restaurants. The deal includes brands such as Friendly's, Clean Juice, Orange Leaf, Red Mango, Smoothie Factory + Kitchen, Souper Salad, and Humble Donut Co.

Provectus Algae: $12.6 Million Series A Raised For Carbon-Negative Solutions

By Amit Chowdhry ● Jul 25, 2025

Provectus Algae has secured $10.1 million in Series A financing and an additional $2.5 million in grant funding from the Australian government. At One Ventures led the investment round, with participation from Methane Mitigation, Mort & Co, and existing shareholders, including Hitachi Ventures. Tom Chi, Founding Partner of At One Ventures, will join the company's Board of Directors.

Azimut Group To Buy North Square Investments

By Amit Chowdhry ● Jul 25, 2025

North Square Investments (NSI) has agreed to be acquired by Azimut Group, a leading independent asset manager in Europe, through its U.S. subsidiary, Azimut US Holdings.

Dispatch Bio Launched With $216 Million To Develop Solid Tumor Treatments

By Amit Chowdhry ● Jul 24, 2025

Dispatch Bio has officially launched with a mission to create a universal treatment for solid tumors, which constitute roughly 90% of cancers. The company has secured a total of $216 million in funding, including a recent Series A round.

Volca: $5.5 Million Seed Funding Raised For AI-Based Marketing Platform

By Amit Chowdhry ● Jul 24, 2025

Volca, an AI-based marketing platform for home services businesses, has secured $5.5 million in seed funding led by Pathlight Ventures, with contributions from MetaProp, GTMFund, Recall Capital, and various founders and executives from notable tech companies.

Vaudit: $7.3 Million Raised For AI-Based Auditing Platform

By Amit Chowdhry ● Jul 24, 2025

Vaudit, formerly BlokID, has closed a $7.3 million seed financing round led by Mucker Capital, with contributions from AVV, AppWorks, Plug and Play, and Kyber Knight. Notable investors include Omar Hamoui, founder of AdMob, and Binh Tran, co-founder of Klout. Including a pre-seed raise of $1.25 million, Vaudit has raised a total of $8.5 million.

Compass Group To Buy Vermaat In €1.5 Billion Deal

By Amit Chowdhry ● Jul 24, 2025

Compass Group has agreed to acquire Vermaat Groep B.V. for approximately €1.5 billion. Vermaat is a premium food services company in Europe, recognized for its customized on-site food concepts and robust retail expertise. As a market leader in the Netherlands with expanding operations in Germany and France, Vermaat offers Compass a unique opportunity for sustainable growth in Europe.

Stellaria: €23 Million Raised For Developing Fast Neutron Molten Salt Nuclear Reactor

By Amit Chowdhry ● Jul 24, 2025

Stellaria, a French company co-founded by CEA and Schneider Electric, has raised €23 million to develop its fast-neutron molten-salt nuclear reactor by 2035. The funding round was co-led by At One Ventures and Supernova Invest, alongside Stellaria's existing investors, including CEA Investissements and Schneider Electric.

LegalOn: $50 Million Series E Raised For Legal AI For Contracting

By Amit Chowdhry ● Jul 24, 2025

LegalOn Technologies, a leader in legal AI for contracting, has announced a $50 million Series E funding round, bringing its total funding to $200 million. The round was led by Growth Equity at Goldman Sachs Alternatives, with support from existing investor World Innovation Lab (WiL) and new contributions from Mori Hamada, Mizuho Bank, and Shoko Chukin.

Baxter Aerospace: $6 Million Series A Raised For Aerospace Integrator System

By Amit Chowdhry ● Jul 24, 2025

Forge Global Holdings has announced that the Department of Defense (DoD) Accelerator Fund, managed by Accuidity Capital Management, has made its first defense sector investment with a $6 million Series A funding round for Baxter Aerospace.

Queen One: Over $5.5 Million Raised For Enhancing Commerce

By Amit Chowdhry ● Jul 24, 2025

Queen One, a brand technology platform that enhances websites and communication portals, has raised over $5.5 million in a friends and family funding round. The round was led by operator-backed funds including Charge VC, Inspired Capital, Red Swan Ventures, and Prospeq, along with a group of entrepreneurs and supporters.

Armada: $131 Million Raised To Advance Hyperscaler For The Edge

By Amit Chowdhry ● Jul 24, 2025

Armada, a leader in edge computing, has raised $131 million in a funding round featuring new investors Pinegrove, Veriten, and Glade Brook, alongside existing backers like Founders Fund and Microsoft's M12.

Barclays: Alex Ham Named As Global Chairman Of Investment Banking

By Amit Chowdhry ● Jul 24, 2025

Barclays has appointed Alex Ham as Global Chairman of Investment Banking in London. With 20 years of experience, Ham joins from Deutsche Bank, where he was Co-CEO of Deutsche Numis and Head of Global Private Growth Capital.

Pinnacle Financial And Synovus To Combine In $8.6 Billion Deal

By Amit Chowdhry ● Jul 24, 2025

Pinnacle Financial Partners and Synovus Financial have announced a merger in an all-stock transaction valued at $8.6 billion, based on the closing prices as of July 21, 2025. This merger will form the highest-performing regional bank in the Southeast.

Mark Cuban Foundation: 2025 AI Bootcamps Launched

By Amit Chowdhry ● Jul 24, 2025

The Mark Cuban Foundation has announced an expansion of its free AI Bootcamps, bringing advanced artificial intelligence education to underserved high school students and educators in 29 U.S. cities this fall.

Uber Reveals Women Preferences

By Amit Chowdhry ● Jul 24, 2025

Uber has announced it will introduce "Women Preferences" in the U.S., allowing women riders and drivers the option to be matched exclusively with other women on trips. This move comes in response to feedback from women users across the country who expressed a desire for more control and confidence when using the platform.

Glīd: $3.1 Million Pre-Seed Funding Raised For Autonomous Road-To-Rail Freight Infrastructure

By Amit Chowdhry ● Jul 24, 2025

Glīd Technologies, a leader in autonomous road-to-rail solutions, has closed an oversubscribed pre-seed funding round, raising $3.1 million, led by Outlander VC. Founded in 2022 by Kevin A. Damoa, a former logistics leader at SpaceX and the U.S. military, Glīd is dedicated to improving freight logistics through innovation.

Poseidon: $15 Million Seed Funding Raised For AI Data Licensing

By Amit Chowdhry ● Jul 24, 2025

Poseidon, a company focused on the decentralized data layer for AI training workflows, has secured $15 million in seed funding, led by a16z crypto, the cryptocurrency fund of Andreessen Horowitz. This funding underscores the rising interest in blockchain solutions for artificial intelligence.

Phlow: $37 Million Series C Raised For Advancing Modern Medicine Development

By Amit Chowdhry ● Jul 24, 2025

Phlow, a leading American pharmaceutical contract development and manufacturing organization (CDMO), has raised $37 million in its Series C funding round, led by Align Private Capital with contributions from new and existing investors.

xLight: $40 Million Series B Raised For Transforming Semiconductor Manufacturing

By Amit Chowdhry ● Jul 24, 2025

xLight, an American company specializing in advanced laser technology, has secured $40 million in an oversubscribed Series B funding round, led by Playground Global with support from Boardman Bay Capital Management and Morpheus Ventures.

Makersite: €60 Million Raised For Product Lifecycle Intelligence Platform

By Amit Chowdhry ● Jul 24, 2025

Makersite, a leading AI startup in Germany focused on product lifecycle intelligence, has raised €60 million ($70.2 million USD) in a Series B funding round. This funding will help the company assist manufacturers in creating more affordable, safer, and sustainable products through intelligent automation and supply chain insights.

Asylon Robotics: $24 Million Series B Raised For Advancing Automated Security Platform

By Amit Chowdhry ● Jul 24, 2025

Asylon, a leader in robotic perimeter security technology, announced it has raised $24 million in a Series B funding round led by Insight Partners, with participation from Veteran Ventures Capital, Allegion Ventures, and the GO PA Fund.

Cirba Solutions: Interview With CEO And President David Klanecky About The Battery Recycling Materials and Management Company

By Amit Chowdhry ● Jul 24, 2025

Cirba Solutions is a company specializing in battery recycling materials and management. The company focuses on the sustainable recovery of critical materials from end-of-life batteries, including lithium-ion batteries from electric vehicles (EVs) and other formats, and supplies these materials back into the supply chain. Pulse 2.0 interviewed Cirba Solutions CEO and President David Klanecky to learn more about the company.

Insignia To Be Acquired By CC Capital In $2.2 Billion Deal

By Amit Chowdhry ● Jul 24, 2025

Insignia Financial, one of Australia’s largest wealth management firms, has been acquired by New York-based CC Capital Partners for approximately A$3.3 billion (US$2.2 billion).

Anthelion Capital: Alex Jenner Named As Co-Portfolio Manager

By Amit Chowdhry ● Jul 24, 2025

Anthelion Capital, a technology-driven asset manager specializing in capital solutions and credit strategies, has appointed Alex Jenner, CFA, as Co-Portfolio Manager of its CLO business. Jenner joins from GIC, where he was Senior Vice President and Portfolio Manager on the Corporate Credit team, focusing on global leveraged loans and CLO strategies.

Flend: $3 Million Seed Funding Raised For Egypt-Based Finance Platform

By Amit Chowdhry ● Jul 24, 2025

Flend, an Egyptian fintech company, has secured $3 million in seed funding to expand its digital lending operations for small and medium-sized enterprises (SMEs) in Egypt. This funding, comprising both equity and debt, was led by Egypt Ventures and included contributions from Camel Ventures, Sukna Ventures, Plus VC, and Banque Misr, along with support from regional family offices like El Sewedy and Baalbaki.

CandorIQ: $4.8 Million Seed Funding Raised For Helping People Manage Spend

By Amit Chowdhry ● Jul 24, 2025

CandorIQ, an AI-based platform for managing organizational people spend, secured $4.8 million in seed funding led by Array Ventures, with contributions from Y Combinator, CRV, and Switch Ventures.

BetterComp: $33 Million Series A Raised For Compensation Management Platform

By Amit Chowdhry ● Jul 24, 2025

BetterComp, a leading provider of compensation management software, has secured $33 million in Series A funding, led by Ten Coves Capital. This investment will drive BetterComp's growth, enhance its AI-based capabilities, and expand into new product areas.