Archives

Armada: $230 Million Series B Raised To Scale Modular AI Infrastructure And U.S. AI Manufacturing

By Amit Chowdhry ● May 20, 2026

Armada announced a $230 million oversubscribed Series B round at a $2 billion pre-money valuation to accelerate deployment of modular AI infrastructure and expand domestic manufacturing capacity for sovereign AI systems. The funding round was co-led by BlackRock, Overmatch, and 8090 Industries, and included participation from strategic investors including Johnson Controls, NightDragon, Mitsui, and Singtel Innov8.

Bunch: $35 Million Series B Raised By Private Markets Infrastructure Platform In Series B Funding

By Amit Chowdhry ● May 20, 2026

Bunch, a private markets infrastructure platform, has raised $35 million in Series B funding led by Portage, part of Sagard, with participation from Illuminate Financial.

Thalo Labs: AI-Based HVAC Technology Company Raises Investment From Suffolk Technologies

By Amit Chowdhry ● May 20, 2026

Thalo Labs announced an investment from Suffolk Technologies, the venture capital affiliate of Suffolk Construction, along with a strategic partnership between the companies. The investment reflects Suffolk Technologies’ belief that the HVAC industry is shifting toward more intelligent and proactive service models powered by AI and real-time diagnostics.

Laminar: Sanjay Rajan Named Chief Revenue Officer At Manufacturing AI Platform

By Amit Chowdhry ● May 20, 2026

Laminar announced that Sanjay Rajan has been appointed Chief Revenue Officer. Rajan previously served as Head of Go-to-Market at the company and will now oversee Laminar’s sales, go-to-market, partner, and marketing strategy as the company continues expanding globally.

Relay: $50 Million Financing Raised To Build Small Business Financial Command Center

By Amit Chowdhry ● May 20, 2026

Relay announced a $50 million growth investment from General Catalyst through its Customer Value Fund. The financing is designed to help Relay accelerate customer acquisition while continuing to invest in product innovation.

Veriten: $105 Million Initial Close Announced For Fund II Focused On Energy And Industrial Technology

By Amit Chowdhry ● May 20, 2026

Veriten announced the initial close of its second flagship energy venture fund with more than $105 million in capital commitments. The fund is designed to accelerate scalable technology solutions across energy, power, and industrial applications.

Hellbender: $12.5 Million Seed Round Raised To Accelerate Domestic Manufacturing Of Physical AI And Launch On-Edge Camera Line

By Amit Chowdhry ● May 20, 2026

Hellbender announced the closing of a $12.5 million seed funding round to accelerate domestic manufacturing capabilities and expand its edge AI hardware platform portfolio. The round was co-led by Magarac Venture Partners and Veredas Partners, with participation from Mana Ventures, Gaingels, Sum VC, and Active Angels Network.

Mister Car Wash: $3.1 Billion Take-Private Deal Completed With Leonard Green & Partners

By Amit Chowdhry ● May 20, 2026

Mister Car Wash announced the completion of its take-private acquisition by investment funds managed by Leonard Green & Partners in an all-cash transaction implying a total enterprise value of approximately $3.1 billion.

National Equity Fund: Acquisition Of National Affordable Housing Trust Portfolio Expands Affordable Housing Platform

By Amit Chowdhry ● May 20, 2026

National Equity Fund announced the acquisition of the property and fund management portfolio of National Affordable Housing Trust in a strategic transaction designed to preserve affordable housing assets and strengthen long-term support for residents, investors, and developers nationwide.

Contrario: $2.3 Million Raised For AI Recruiting Platform That Hit $6 Million Annualized Revenue

By Amit Chowdhry ● May 20, 2026

Contrario, an AI-native recruiting platform built for high-growth companies, officially launched after reaching $6 million in annualized revenue and paying more than $1 million to recruiters in under six months.

Texture: $12.5 Million Raised For Grid Software Platform For Utilities

By Amit Chowdhry ● May 20, 2026

Texture, a grid software platform that gives utilities a unified view of every device and data source on their network, announced it has raised $12.5 million in Series A funding. The round was co-led by VoLo Earth Ventures and Equal Ventures, with participation from Lerer Hippeau and Abstract Ventures.

GA Group Acquires Retail Services Company Done Right Merchandising To Expand Lifecycle Solutions Platform

By Amit Chowdhry ● May 20, 2026

GA Group announced the acquisition of Done Right Merchandising, a family-owned provider of store opening, remodeling, fixturing, and retail services. The deal marks a strategic expansion for GA Group as it broadens beyond retail liquidation into a more diversified retail services platform.

Pillr Health: CaptureRx Acquisition Expands Pharmacy Solutions To More Than 500 Health Care Organizations

By Amit Chowdhry ● May 20, 2026

Pillr Health announced it has acquired CaptureRx, a 340B technology and services organization based in San Antonio, Texas. The acquisition expands Pillr Health’s pharmacy solutions platform to support more than 500 hospitals, health systems, and federally qualified health centers nationwide.

Presence: Acquisition Of Education Modified Expands Special Education Workflow Platform

By Amit Chowdhry ● May 20, 2026

Presence announced it has acquired Education Modified, a special education technology platform designed to streamline workflows and improve coordination across school support teams.

Local Boy Outfitters: Boyne Capital Investment Supports Growth And Expansion

By Amit Chowdhry ● May 20, 2026

Boyne Capital announced that one of its affiliates has made an investment in Local Boy Outfitters, a consumer apparel and lifestyle brand focused on outdoor enthusiasts and Southern culture.

Beacon Pointe Onboards $360 Million Firm Financially In Tune

By Amit Chowdhry ● May 20, 2026

Beacon Pointe Advisors announced that female-founded wealth management firm Financially In Tune has joined its platform, further expanding the company’s East Coast presence and strengthening its New England footprint.

Hudson Valley Property Group: $83.6 Million Acquisition Of Mosa Apartment Homes In California

By Amit Chowdhry ● May 20, 2026

Hudson Valley Property Group announced the acquisition of Mosa Apartment Homes, a 387-unit affordable multifamily rental community located in Elk Grove, California, in an approximately $83.6 million transaction.

Hull Street Energy: FirstLight U.S. Generation Fleet Acquisition Expands Hydro Portfolio

By Amit Chowdhry ● May 20, 2026

Hull Street Energy announced it has signed an agreement to acquire FirstLight USA from the Public Sector Pension Investment Board. The transaction includes a portfolio of nearly 1,400 MW of clean energy generation assets in the Northeast, including the 1,168 MW Northfield Mountain pumped storage hydro facility in Massachusetts, which is the largest energy storage facility in New England.

Global Alternative Investment Management: Robert C. Riedl Joins As Managing Director, Head Of Private Capital

By Amit Chowdhry ● May 20, 2026

Global Alternative Investment Management announced that Robert C. Riedl has joined the firm as Managing Director, Head of Private Capital.

BRAMI: $33 Million Series B Raised To Scale Italian Protein Pasta

By Amit Chowdhry ● May 20, 2026

BRAMI announced it has raised $33 million in Series B funding led by VMG Partners to expand manufacturing capacity, strengthen its supply chain, and accelerate national growth for its protein pasta business. Existing investors including La Molisana, Pentland Ventures, Lerer Hippeau, and Gather Ventures also participated in the round.

Rasa Legal: $1 Million Investment From NextLadder Ventures Added To $5 Million Seed Round

By Amit Chowdhry ● May 20, 2026

Rasa Legal announced a $1 million investment from NextLadder Ventures as part of the company’s previously announced $5 million late seed funding round.

Advent International: Patricia Cross Appointed Operating Partner For Australia And New Zealand

By Amit Chowdhry ● May 20, 2026

Advent International announced the appointment of Patricia Cross as an Operating Partner in Australia and New Zealand.

bQuest: Advisor Accelerator Helps RIAs Boost Organic Growth Through Longevity Planning

By Amit Chowdhry ● May 20, 2026

bQuest announced the launch of the bQuest Advisor Accelerator, a new organic growth program designed to help registered investment advisors differentiate themselves in an increasingly competitive market. The company said the Accelerator is available to all bQuest financial partners and is intended to help advisors drive client acquisition through aging care coordination and longevity planning conversations.

Hammerhead AI: Interview With Founder & CEO Rahul Kar About Data Center Power Infrastructure Optimization Company

By Amit Chowdhry ● May 20, 2026

Hammerhead AI uses reinforcement learning agents to optimize data center power infrastructure, enabling operators to increase AI token production by up to 30% within existing power limits. Pulse 2.0 interviewed Hammerhead AI founder and CEO Rahul Kar to learn more.

Eris Innovations: SOFR Futures Open Interest Triples Ahead Of Eris Options Launch And New Funding Round

By Amit Chowdhry ● May 20, 2026

Eris Innovations announced a new investment round backed by leading trading firms as institutional adoption of its Eris SOFR Swap futures accelerated ahead of the June launch of Eris Options.

Stonepeak: Chicago Parking Meter System Acquisition Pending City Council Approval

By Amit Chowdhry ● May 20, 2026

Stonepeak is set to acquire Chicago’s parking meter system from Chicago Parking Meters, LLC, according to reports from Mayor Brandon Johnson’s office via FOX Chicago. The proposed transaction remains subject to approval by the Chicago City Council.

Accenture: Investment In Aera Technology To Fuel AI-Enabled Supply Chains

By Amit Chowdhry ● May 20, 2026

Accenture announced that it has invested in Aera Technology through Accenture Ventures, a company specializing in agentic decision intelligence for enterprises. The companies are combining Aera’s decision intelligence platform with Accenture’s AI-enabled supply chain capabilities to develop AI-led, real-time decision-making solutions for complex global supply chains across industries, including consumer goods, high-tech, life sciences, mining, and oil and gas.

Pitney Bowes: Credit Facility Extended To 2031 As Fitch Assigns BB- Rating

By Amit Chowdhry ● May 20, 2026

Pitney Bowes announced that it amended its revolving credit facility and Term Loan A, extending their maturities to May 2031 while keeping the facility sizes unchanged at $450 million for the revolving credit facility and $152 million for the Term Loan A.

Prairie Wealth Advisors: The McEwen Group Merger Creates Billion-Dollar RIA

By Amit Chowdhry ● May 20, 2026

Prairie Wealth Advisors announced a strategic merger with The McEwen Group, forming a registered investment advisor managing more than $1 billion in client assets. The combined firm will serve mass affluent, high-net-worth, and ultra-high-net-worth families while expanding its investment management and financial planning capabilities.

OMMAX And Singulier Combine To Build AI Management Consulting Platform

By Amit Chowdhry ● May 20, 2026

OMMAX and Singulier announced they are joining forces to create a pan-European AI management consulting platform focused on helping companies scale artificial intelligence initiatives and generate measurable business impact. Founded in Munich and Paris, respectively, the firms said the combined organization will support enterprises as AI adoption shifts from experimentation toward enterprise-wide implementation.