Archives

Nebius: Reported $17.4 Billion GPU Deal Signed With Microsoft

By Amit Chowdhry ● Sep 12, 2025

Nebius Group, an Amsterdam-based AI infrastructure specialist, has signed a multi-year agreement to provide dedicated compute capacity to Microsoft from its new Vineland, New Jersey data center beginning later this year. The deal marks Nebius’s first long-term committed contract with a leading tech company and is expected to drive accelerated growth in its AI cloud business.

FERNRIDE: €18 Million Series A Extension Closed For Advancing Autonomous Logistics

By Amit Chowdhry ● Sep 12, 2025

FERNRIDE, Europe’s leading provider of AI-powered ground autonomy solutions, has extended its Series A round with an additional €18 million, bringing total funding to €75 million. The new capital will accelerate deployment of FERNRIDE’s proven container-terminal autonomy platform into defence logistics, addressing urgent needs for safer, more resilient supply chains across Europe.

Alpic: $6 Million Pre-Seed Raised For Advancing New Cloud Platform For AI Agents

By Amit Chowdhry ● Sep 12, 2025

Alpic has raised $6 million in pre-seed funding to build the first cloud platform designed specifically for AI agents. The round was led by Partech and included support from K5 Global, Irregular Expression, Yellow, Drysdale, Kima Ventures, Galion.exe, and experienced founders from companies like Mistral, Datadog, and Dataiku. This funding will enable Alpic to advance development and bring its platform out of private testing and into a public beta.

MRM Health: €55 Million Series B Raised For Microbiome-Based Drug Candidates

By Amit Chowdhry ● Sep 12, 2025

MRM Health has completed a €55 million Series B financing round that will enable the company to push its microbiome-based drug candidates through critical development milestones and broaden its pipeline of live biotherapeutic products. Biocodex, a French pharmaceutical group with a decades-long focus on microbiota science, led the round. It included participation from ATHOS, BNP Paribas Fortis Private Equity, and existing backers such as SFPIM, Ackermans & van Haaren, OMX Europe Venture Fund, Qbic II, and VIB.

ModernFi: $30 Million Series B Raised For Reinforcing Deposit Stability

By Amit Chowdhry ● Sep 12, 2025

ModernFi has secured $30 million in Series B funding to expand its deposit management infrastructure for community and regional financial institutions. The round was led by Canapi Ventures and included participation from Andreessen Horowitz, Curql, Remarkable Ventures, and Intercontinental Exchange. This latest investment brings ModernFi’s total capital raised to more than $60 million and highlights growing support for its role as foundational technology in the post-2023 banking environment.

Palm Tree Crew: $20 Million Series B At $215 Million Valuation Raised To Drive Expansion

By Amit Chowdhry ● Sep 12, 2025

Palm Tree Crew has closed a $20 million Series B financing round led by WME Group, valuing the company at $215 million. The investment establishes a strategic partnership that will leverage WME’s sports, entertainment, and licensing networks to accelerate Palm Tree Crew’s growth across live events, hospitality venues, and lifestyle offerings.

GEM Digital: $25 Million Pledged To Althea Limited

By Amit Chowdhry ● Sep 12, 2025

GEM Digital Limited has committed $25 million to Althea Limited to accelerate the rollout of Althea L1, a purpose-built blockchain designed to transform payments for broadband, utilities, and critical infrastructure. This funding will help bring transparent, programmable settlement tools to networks worldwide and support the development of a resilient financial layer for essential services.

Level99: $50 Million Growth Equity Raised From Act III To Advance National Expansion

By Amit Chowdhry ● Sep 12, 2025

Level99 has secured a $50 million follow-on growth equity commitment from Act III Holdings to accelerate new location development and expand its social entertainment brand into top-tier U.S. markets. This funding comes after results from the company’s first two venues exceeded initial projections, underscoring confidence in Level99’s scalable model.

Aven: $110 Million At $2.2 Billion Valuation Raised For Machine Banking Platform

By Amit Chowdhry ● Sep 12, 2025

Aven closed a $110 million Series E funding round at a $2.2 billion valuation, more than doubling its worth in just one year. Led by Khosla Ventures and joined by long-time backers such as General Catalyst, Caffeinated Capital, GIC, Electric Capital, and Founders Fund, this round positions Aven to move faster on its vision for next-generation home finance.

Manulife Investment And TruAmerica: $1 Billion Platform For Preserving Affordable Housing

By Amit Chowdhry ● Sep 12, 2025

Manulife Investment Management has joined forces with TruAmerica Multifamily to create a new $1 billion affordable housing partnership. The venture, called Anchor Point Residential, starts with the acquisition of general partner interests in a portfolio of 51 properties that offer income-restricted apartments supported by Low-Income Housing Tax Credits.

Cascade Bio: $6 Million Raised To Advance Cell-Free Biomanufacturing

By Amit Chowdhry ● Sep 12, 2025

Cascade Bio, an industrial biotechnology company based in Denver, has closed $6 million in funding to accelerate the transition from petrochemical processes to enzyme-driven manufacturing. The funding includes a $2.8 million seed round led by Endurance28, with additional backing from Stray Dog Capital, 1Flourish, Range Ventures, 10VC, and Amplify. It is complemented by $3.2 million in nondilutive grants from the U.S. National Science Foundation’s Advancing Cell-Free Systems initiative and a Small Business Innovation Research Phase II award.