Archives

Paul Hastings: John F. Murphy III Joins As Partner In Structured Credit Practice

By Amit Chowdhry ● Mar 16, 2025

Paul Hastings announced that structured credit lawyer John F. Murphy III has joined the firm as a partner in New York.

Qualcomm To Buy EdgeImpulse For Supporting IoT Capabilities

By Amit Chowdhry ● Mar 16, 2025

At the Embedded World Germany event, Qualcomm announced the entry into an agreement to buy EdgeImpulse, which will enhance its offering for developers and expand its leadership in AI-based capabilities to power AI-enabled products and services across IoT. The closing of this deal is subject to customary closing conditions.

JAB: New Strategy And Team Structure Implemented

By Amit Chowdhry ● Mar 16, 2025

JAB announced it has strengthened and reorganized its team to support its strategic transformation, building on the firm’s success in pet insurance with the addition of a global life insurance platform. And with its commitment to consumer goods and services, this new strategy will further diversify JAB’s portfolio and position the investment firm for sustainable long-term growth.

Porter: Growth Investment Raised From Eir Partners

By Amit Chowdhry ● Mar 16, 2025

Eir Partners, a middle-market private equity firm focused on healthcare technology and tech-enabled services, announced a growth investment in Porter, the only platform dedicated to connecting plan members with the resources, services, products, and education they need to live their best lives at home.

bd-capital: €430 Million Raised For Second Fund

By Amit Chowdhry ● Mar 15, 2025

bd-capital, a pan-European and operator-led investment firm, announced the final closing of its second fund, bd-capital Fund 2, at €430 million. After less than a year in the market, this fund closed more than 20% over its target of €350 million. With the closing of Fund 2, bd-capital’s assets under management have increased to over €800 million.

Perfuze: €22 Million Raised And Clearance Received For Zipline Access Catheters

By Amit Chowdhry ● Mar 15, 2025

Perfuze, a leading medical device company dedicated to advancing stroke treatment, has received FDA 510(k) clearance for its Zipline Access Catheters. This milestone strengthens Perfuze’s growing portfolio of innovative neurovascular devices, enabling physicians to treat acute ischemic strokes rapidly, easily, and precisely. Plus, Perfuze has secured €22 million in follow-on funding in a round led by existing investors, including Earlybird, EQT Life Sciences, Seroba, and SV Health.

Phoenix: $50 Million Raised For Digital Health Clinic For Men

By Amit Chowdhry ● Mar 15, 2025

Phoenix, which is Canada’s leading digital health clinic for men, announced it has signed a CAD 50 million Series A financing round. This funding round was led by Valspring Capital, with renewed investment from Y Combinator, and support from CIBC Innovation Banking.

Infleqtion: $6.2 Million ARPA-E Award Received For Advancing Quantum-Powered Energy Grid Optimization

By Amit Chowdhry ● Mar 15, 2025

Infleqtion, a leader in quantum information technologies, announced it has been awarded $6.2 million in funding from the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) to develop quantum-enhanced solutions for energy grid optimization. This deal marks the first-ever quantum technology award granted by ARPA-E and represents the most extensive grant awarded under the agency’s OPEN program this year.

Human Computer: $5.7 Million (Seed) Raised For Creating Story-Driven Games

By Amit Chowdhry ● Mar 15, 2025

Human Computer, an independent game studio and a collaborative creative powerhouse, announced it has raised $5.7 million in a seed round led by Makers Fund. a16z and former Airbnb COO Belinda Johnson have also invested in the company, bringing the total funding to date to $7.7 million.

Terabase: $130 Million (Series C) Raised For Utility-Scale Solar Power Solutions

By Amit Chowdhry ● Mar 15, 2025

Terabase Energy, a leader in digital and automation solutions for utility-scale solar power, announced the closing of its $130 million Series C financing round. The funding round—led by SoftBank Vision Fund 2 and with participation from both existing and new strategic investors—brings the company's total funding to over $200 million.

W3i Software: $1.5 Million Raised From Hoskinson Family Office

By Amit Chowdhry ● Mar 15, 2025

Hoskinson Family Office (HFO) announced it has invested $1.5 million in W3i Software, Inc., the development company behind USDM—Cardano’s first MiCA-compliant, fiat-backed stablecoin. This investment is a major step toward bridging decentralized finance (DeFi) with the regulated financial system and accelerating Cardano’s global adoption.

Catalyze: $400 Million Financing Raised From ATLAS SP Partners

By Amit Chowdhry ● Mar 15, 2025

Catalyze, a fully integrated developer and Independent Power Producer (IPP) of distributed renewable energy assets, announced it has secured a $400 million multiyear debt facility from ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds.

Insilico Medicine: $110 Million (Series E) Raised For Advancing AI-Based Drug Discovery

By Amit Chowdhry ● Mar 15, 2025

Insilico Medicine, a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, announced that it has successfully secured a $110 million Series E financing led by a private equity fund of Value Partners Group with strong participation from industry- and technology-focused new investors, and continued support from global existing backers.

Toyota Tsusho America To Buy Radius Recycling In $1.34 Billion Deal

By Amit Chowdhry ● Mar 15, 2025

Radius Recycling announced it had entered into a definitive merger agreement with Toyota Tsusho America, a U.S. subsidiary of Toyota Tsusho. Toyota Tsusho America will buy all the shares of Radius for $30 per share in cash, representing an approximate 115% premium to Radius’ closing share price on March 12, 2025. This means the deal has a total enterprise value of about $1.34 billion.

Crown Castle Selling Fiber Business For Combined $8.5 Billion

By Amit Chowdhry ● Mar 15, 2025

B. Riley: Investment Bank Spins Off

By Amit Chowdhry ● Mar 15, 2025

B. Riley Financial announced this week that it is splitting off its investment banking unit while also retaining the majority of the shares in the new company. As part of this deal, B. Riley merged with shell entity Cascadia Investments. And certain investors in Cascadia will become minority stockholders of the investment bank, which is called B. Riley Securities (BRS).

Edward Jones: Generations Launched For High-Net-Worth Clients

By Amit Chowdhry ● Mar 15, 2025

Edward Jones is launching Edward Jones Generations, the firm's first private client services offering for U.S. high-net-worth clients. Built to meet the specific needs of these clients, Edward Jones Generations provides expanded advice, planning, products, and services for clients who value personalized support and trusted relationships. Edward Jones Generations will be available to select clients in the second quarter of 2025 and expand more broadly next year.