Archives

Pathwork: $3.5 Million Seed Funding Secured To Modernize Life And Health Insurance

By Amit Chowdhry ● Sep 9, 2025

Pathwork, a San Francisco-based startup focused on transforming the life and health insurance industry, has raised $3.5 million in seed funding. The round was led by Costanoa and joined by Logos Fund, American Family Ventures, Meridian Ventures, and several experienced industry investors. This funding will help Pathwork accelerate the adoption of its AI-powered platform among brokers and insurance carriers across the United States.

Labs: $22.5 Million At $10 Billion Valuation Raised And Yuhmmy App 2.0 Launched

By Amit Chowdhry ● Sep 9, 2025

Labs Companies, a Santa Monica-based human-enhancement technology firm founded by Maya Elz Davis and Duránd F. Davis Jr., has announced the close of a $22.5 million Series Seed funding round. The round, which values the company at $10 billion post-money, was completed four months ago but is being revealed now alongside a follow-on debt financing round to provide a full picture of the company’s capital strategy.

Parento: $5.9 Million Raised For Expanding Inclusive Paid Parental Leave Insurance Nationwide

By Amit Chowdhry ● Sep 9, 2025

Parento, a New York-based startup dedicated to transforming how companies support working parents, has announced the close of a $5.9 million Seed II funding round. Led by ResilienceVC, the round included participation from Kapor Capital, Bread & Butter Ventures, Operator Stack, Coyote Ventures, ffVC, Human Ventures, Springbank, Precursor, Cross Impact, K Street, Evidenced, and Avesta. This brings Parento’s total funding to $10.3 million and marks a significant step in its mission to make paid parental leave accessible to businesses of all sizes.

Speedchain: $111 Million Secured To Modernize Financial Workflows In Construction

By Amit Chowdhry ● Sep 9, 2025

Speedchain, a fintech company specializing in commercial card programs and expense management for project-driven sectors, has announced the close of $111 million in strategic equity and debt financing. The round includes debt financing from Community Investment Management (CIM), a private credit impact investor, and equity backing from GTM Fund, Village Global, TTV Capital, K5 Global, Tandem, and Emigrant Bank.

Adaptive Security: $55 Million Raised With Continued Backing From OpenAI To Combat AI-Driven Fraud

By Amit Chowdhry ● Sep 9, 2025

Adaptive Security, a cybersecurity company focused on preventing AI-based social engineering attacks, has announced a follow-on investment from the OpenAI Startup Fund, bringing its Series A total to $55 million. This makes Adaptive the only cybersecurity firm backed by OpenAI’s venture arm, underscoring the fund’s confidence in Adaptive’s human-centered approach to digital protection.

Anglo American And Teck Resources Merging To Form $53 Billion Mining Company

By Amit Chowdhry ● Sep 9, 2025

Anglo American and Teck Resources have announced a definitive agreement to merge in an all-share transaction, forming Anglo Teck plc—a new global mining powerhouse focused on critical minerals. Valued at $1.2 billion pre-money, this merger will position Anglo Teck as a top-five global copper producer, with over 70% copper exposure and a diversified portfolio including premium iron ore and zinc.

Astrus: $8 Million Raised To Transform Analog Chip Design With Physics-Aware AI

By Amit Chowdhry ● Sep 9, 2025

Astrus, a Toronto and Waterloo-based AI startup, has secured $8 million in funding to accelerate development of its physics-aware foundation model for analog chip design. The round was led by Khosla Ventures, with participation from Pradeep Sindhu (founder of Juniper Networks), 1517 Fund, Drive Capital, Alumni Ventures, and other strategic backers.

Databricks: $1 Billion Series K Raised At $100 Billion Valuation For AI Agent Builder

By Amit Chowdhry ● Sep 9, 2025

Databricks announced it has surpassed a $4 billion revenue run-rate in Q2, reflecting over 50% year-over-year growth. Its AI products alone have crossed a $1 billion run-rate, underscoring the company’s rapid momentum in enterprise AI adoption. Databricks also reported positive free cash flow over the past 12 months and a net retention rate above 140%, with more than 650 customers generating over $1 million in annual revenue.

Mistral AI: €1.7 Billion Series C Raised At €11.7 Billion Valuation For Advancing Frontier AI For Strategic Industries

By Amit Chowdhry ● Sep 9, 2025

Mistral AI has announced a €1.7 billion Series C funding round, bringing its post-money valuation to €11.7 billion. The round is led by ASML Holding. The funding also includes continued support from existing investors such as DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed, and NVIDIA.

Property Finder: $525 Million Investment Secured To Advance Real Estate Growth Across The MENA

By Amit Chowdhry ● Sep 9, 2025

Property Finder, known as a leading property portal across the Middle East and North Africa, has announced a significant strategic investment totaling $525 million. Permira leads the funding round with substantial participation from Blackstone Growth. This infusion of capital marks a pivotal moment for Property Finder, reinforcing its position as a leader in the region’s rapidly evolving property classifieds sector.

Goldman Sachs Asset Management: $40 Billion OCIO Mandate From Shell Pension Funds Secured

By Amit Chowdhry ● Sep 9, 2025

Goldman Sachs Asset Management has been selected by multiple pension entities and a captive insurance company affiliated with Shell Plc and its subsidiaries to manage a $40 billion mandate covering international pension plan assets across Europe, along with advisory services for North American pension plans. This appointment marks one of the largest multi-national Outsourced Chief Investment Officer (OCIO) mandates in Goldman Sachs’ history and follows a competitive selection process overseen by consultancy firm Isio.

ElevenLabs: $100 Million Employee Tender Offer Launched At $6.6 Billion Valuation

By Amit Chowdhry ● Sep 9, 2025

ElevenLabs has announced a $100 million employee tender offer, enabling team members to realize liquidity at a company valuation of $6.6 billion—twice the value of its Series C round just nine months ago. The offer is led by existing investors Sequoia and ICONIQ, with additional participation from Andreessen Horowitz, Smash Capital, World Innovation Lab, and other insiders. This move reflects strong investor confidence in ElevenLabs’ trajectory and long-term vision.

Leaf Home Buys Erie Home For Building Large Direct-to-Consumer Residential Services Provider

By Amit Chowdhry ● Sep 9, 2025

Leaf Home has announced the acquisition of Erie Home, bringing together two of the most prominent names in the direct-to-consumer home improvement space. This strategic move significantly expands Leaf’s footprint and capabilities, establishing the combined entity as the most extensive residential services and products provider of its kind across North America.

Unrivaled: Series B Raised At $340 Million Valuation For Professional Women’s Sports League

By Amit Chowdhry ● Sep 9, 2025

Unrivaled, the professional women’s sports league presented by Samsung Galaxy, has announced the closing of its oversubscribed Series B investment round, led by Bessemer Venture Partners. The round brings the league’s valuation to $340 million—an extraordinary milestone for a startup league founded just two years ago. This latest funding round reflects growing investor confidence in Unrivaled’s athlete-first model and its potential to redefine the landscape of professional sports.

Hexagon Selling Design & Engineering Division To Cadence For €2.7 Billion

By Amit Chowdhry ● Sep 9, 2025

Hexagon has announced a definitive agreement to divest its Design & Engineering business, including the legacy MSC Software operations, to Cadence Design Systems for approximately €2.7 billion. The deal aligns with Hexagon’s broader strategy to streamline its portfolio and concentrate future investments on core segments where it holds market-leading positions.

Rockbridge: Equity Fund III Fund Closed At Over $360 Million

By Amit Chowdhry ● Sep 9, 2025

Rockbridge Growth Equity Management has announced the successful close of its third flagship fund, RB Equity Fund III and RB Equity Fund III-A, with total commitments exceeding $360 million. This close marks a significant milestone for the Detroit-based private equity firm, bringing its total assets under management to more than $1.7 billion.

Shine Capital: Ethan Daly Promoted To General Partner

By Amit Chowdhry ● Sep 9, 2025

Shine Capital, an early-stage venture capital firm, has announced the promotion of Ethan Daly to General Partner. Daly, who joined Shine in 2020 as its first hire, has played a significant role in shaping the firm’s investment strategy and supporting its portfolio companies.

White Star Capital: $50 Million North American Seed Fund Launched

By Amit Chowdhry ● Sep 9, 2025

White Star Capital has announced the first close of its new $50 million North American Seed Fund, securing $25 million in initial commitments. The fund is anchored by Fonds de solidarité FTQ and joined by several other limited partners, including Capital régional et coopératif Desjardins (CRCD), Fonds québécois d'amorçage Teralys backed by La Caisse, and TD Innovation Partners, a division of The Toronto-Dominion Bank.

MCatalysis: Seed Funding Raised For Microwave Catalysis Technology

By Amit Chowdhry ● Sep 9, 2025

MCatalysis, a deep tech startup focused on sustainable fuels and chemicals, has announced the closing of its seed funding round led by HL Energy Ventures (HLEV). The funding will advance the development and commercialization of MCatalysis’s proprietary microwave catalysis technology, which is exclusively licensed from Oxford University Innovation (OUI), the tech transfer arm of the University of Oxford.

Higgsfield: $50 Million Series A Raised To Transform AI Video Creation

By Amit Chowdhry ● Sep 9, 2025

Higgsfield.ai, a rapidly growing company specializing in AI for video creation, has announced the successful close of its $50 million Series A funding round. The investment was led by GFT Ventures and joined by a group of firms, including BroadLight Capital, NextEquity Partners, AI Capital Partners, Menlo Ventures, Alpha Square Group, and other strategic backers.

QuEra: $230 Million Series B Expanded With NVentures Investment

By Amit Chowdhry ● Sep 9, 2025

QuEra Computing, a developer of neutral-atom quantum computers, has announced an additional investment from NVentures (the venture capital arm of NVIDIA). This latest funding expands QuEra’s $230 million Series B round, which was first unveiled in February 2025 and included participation from Google. The round further strengthens QuEra’s position at the intersection of quantum computing, artificial intelligence, and cloud infrastructure.

iRegene Therapeutics: $40 Million Secured For Advancing Parkinson’s Cell Therapy

By Amit Chowdhry ● Sep 9, 2025

iRegene Therapeutics, a biotechnology company based in Chengdu, China, has announced the completion of its Series B+ financing round, securing over RMB 300 million (about $40 million). The round was co-led by Northern Light Venture Capital, Chuangjing Capital, and OneHealth Haihe Capital, with additional support from other investors.

Solowin: $350 Million AlloyX Acquisition Finalized

By Amit Chowdhry ● Sep 9, 2025

Solowin Holdings has officially closed its $350 million acquisition of AlloyX Limited, a stablecoin infrastructure provider known for its enterprise-grade technology and global payment capabilities. The deal marks a significant step forward in Solowin’s ambition to build a unified financial ecosystem centered on stablecoins, integrating AlloyX’s platform into its regulated financial services network. With this move, Solowin is positioning itself to rapidly expand into emerging markets, including the UAE, ASEAN, and Africa.

Grant Thornton Advisors: Deal To Merge With Auxis Completed

By Amit Chowdhry ● Sep 9, 2025

Grant Thornton Advisors has finalized its acquisition of Auxis, a nearshore outsourcing and business modernization firm known for its automation and shared services capabilities. The deal, first announced in late July, brings more than 1,400 professionals into Grant Thornton’s advisory ecosystem, expanding its reach across Costa Rica, Colombia, and the United States.

New England Private Wealth Advisors Onboarding $1.6 Billion Firm DHK

By Amit Chowdhry ● Sep 9, 2025

New England Private Wealth Advisors (NEPWA), a Boston-based registered investment advisor serving high-net-worth families and institutions, has announced the acquisition of DHK Financial Advisors, a well-established RIA headquartered in Portsmouth, New Hampshire. As of June 30, 2025, DHK managed $1.6 billion in assets, and the combined firm will now oversee nearly $5 billion in total assets under management.

Stronghouse Solutions Buying Remodeling Services Company Centurion Exteriors

By Amit Chowdhry ● Sep 9, 2025

Stronghouse Solutions, a national leader in roofing and exterior services, has announced the acquisition of Centurion Exteriors, a well-regarded provider of roofing, windows, and exterior remodeling services based in Fort Wayne, Indiana. The deal, backed by O2 Investment Partners, marks Stronghouse’s second acquisition of 2025 and continues its rapid expansion since its founding in 2021.

Rogo Buying AI-Based Spreadsheet Company Subset

By Amit Chowdhry ● Sep 9, 2025

Rogo Technologies, the AI platform trusted by leading investment banks, has announced its acquisition of Subset, an AI-powered spreadsheet company backed by Index Ventures. The deal marks a significant step in Rogo’s mission to transform financial modeling by embedding intelligent spreadsheet agents directly into the workflows of bankers and investors.

Huron Buying Wilson Perumal & Company To Enhance Strategy And Operations Consulting Capabilities

By Amit Chowdhry ● Sep 9, 2025

Huron has announced the acquisition of Wilson Perumal & Company (WP&C), a strategy and operations consulting firm renowned for its expertise in managing complexity to enhance organizational efficiency, profitability, and growth. This strategic move expands Huron’s ability to help clients navigate disruption and drive bold transformation agendas.

Qualus Buying dk Engineering For Expanding Power Infrastructure Capabilities

By Amit Chowdhry ● Sep 9, 2025

Qualus has announced the acquisition of dk Engineering, a multidisciplinary engineering and consulting firm based in Walnut Creek, California. This strategic move strengthens Qualus’ position as a leading pure-play power solutions provider and expands its footprint across the western United States.

Boomerang Medical: $20 Million Series B Raised To Advance Pivotal Trial in Ulcerative Colitis

By Amit Chowdhry ● Sep 9, 2025

Boomerang Medical, a women-led innovator in bioelectronic medicine, has announced the closing of a $20 million Series B financing round co-led by Arboretum Ventures and Hatteras Venture Partners.