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Churchill Asset Management: $1.5 Billion Raised For Co-Investment Fund II

By Amit Chowdhry ● Jun 10, 2025

Churchill Asset Management (an investment specialist of Nuveen) announced the final closing of Churchill Co-Investment Fund II with $1.5 billion in limited partner commitments. This oversubscribed fund, which seeks to generate superior risk-adjusted returns through equity co-investments alongside private equity sponsors in U.S. middle market businesses, reached its hard cap and is nearly 3.5x the size of its predecessor fund.

Somnee: $10 Million Closed For Transforming Sleep With AI-Based Neurotech Sleep Wearables

By Amit Chowdhry ● Jun 10, 2025

Somnee – a leader in sleep technology delivering pioneering AI-powered neurotech and software – announced it has raised $10 million in a seed extension round. Somnee was launched in 2022 by renowned sleep expert, Dr. Matt Walker, PhD, and a group of scientists from the University of California, Berkeley. The funding round was led by Khosla Ventures, with participation from Marc Benioff’s TIME Ventures, LEAD VC (founded by the Adidas family), the NBA’s Orlando Magic ownership group (DeVos family), Seaside Ventures, Nelstone Ventures, and Metalab, among others.

Diginex Buying Resulticks In Deal Valued Up To $2 Billion

By Amit Chowdhry ● Jun 10, 2025

Diginex Limited, a leading provider of Sustainability RegTech solutions, announced the signing of a Memorandum of Understanding (MOU) for a cash and share acquisition of Resulticks, a leader in real-time AI-based customer engagement and data management solutions.

Scalable Capital: €155 Million Raised For Expanding Digital Investment Platform

By Amit Chowdhry ● Jun 10, 2025

Scalable Capital announced it completed a funding round, raising €155 million ($175 million). This is the company’s largest funding round to date, led by Sofina and Noteus Partners. Existing investors Balderton Capital, Tencent, and HV Capital also participated, underlining their continued confidence in the company. Investors have now invested over €470 million (over $535 million) in Scalable Capital.

Ciroos: $21 Million Raised For Advancing AI-Based SRE Teammate

By Amit Chowdhry ● Jun 10, 2025

AI-based operations company Ciroos announced it has raised $21 million, led by Energy Impact Partners LP (EIP), to deliver the industry’s first extensible, multi-domain AI SRE Teammate for modern enterprise operations. And the company’s SRE Teammate enables site reliability engineers, DevOps, and operations teams to automate, augment, and drive autonomous operations to slash incident response time by 90%.

dataplor: $20.5 Million Series B Secured For Scaling Location Intelligence Platform

By Amit Chowdhry ● Jun 10, 2025

dataplor, a leading provider of global location intelligence, announced the closing of a $20.5 million Series B funding round, led by F-Prime, with participation from Spark Capital, FFVC, Acronym Venture Capital, Two Lanterns Venture Capital, APA Ventures, dara5, and Alumni Ventures.

Post Holdings Buying 8th Avenue Food & Provisions In $880 Million Deal

By Amit Chowdhry ● Jun 10, 2025

Post Holdings - a consumer packaged goods holding company - announced it has signed a definitive agreement to acquire 8th Avenue Food & Provisions. Post will be extinguishing the outstanding net debt of 8th Avenue and acquire all equity interests for a net payment of approximately $880 million. 8th Avenue's categories include branded and private label dry pasta and private label nut butters, granola, and fruit & nut.

Matterworks: Series A Funding Raised For Advancing Large Spectral Models

By Amit Chowdhry ● Jun 10, 2025

Matterworks, the category-defining pioneer unlocking unstructured molecular data for predictive biology, announced new Series A financing. The funding round was led by Lewis & Clark Partners and OMX Ventures, joined by Pillar VC, Germin8 Ventures, Intermountain Ventures, Tarsadia, and others.

Canid: $10 Million Raised For Advancing Vaccine Management

By Amit Chowdhry ● Jun 10, 2025

Canid, a healthcare technology company dedicated to streamlining pediatric vaccine management, announced it has raised $10 million in Series A funding led by Telescope Partners with participation from FJ Labs, Brooklyn Bridge Ventures, SeedtoB and others. The funding, which brings Canid’s total funding to $12.9 million, will support the company's expansion as it serves an increasing number of independent pediatricians across the United States.

Speedata: $44 Million Raised For Analytics Processing Unit Platform

By Amit Chowdhry ● Jun 10, 2025

Speedata, a first-of-its-kind Analytics Processing Unit (APU), was designed to advance big data analytic workloads by orders of magnitude across industries. The company announced the launch of its breakthrough chip. This announcement comes alongside a $44 million Series B funding round, bringing its total capital raised to $114 million.

Projectworks: $12 Million Added To Series A For Project Intelligence Platform

By Amit Chowdhry ● Jun 10, 2025

ProjectWorks, a project intelligence platform for fast-growing consulting firms, announced that it has secured $12 million in additional funding through its Series A round, led by new investor Ten Coves Capital, with existing investors including Bridgewest Group and Punakaiki Fund participating. This latest investment brings Projectworks' total funding to over $20 million.

Compyl: $12 Million Series A Raised For GRC Platform

By Amit Chowdhry ● Jun 10, 2025

Compyl, a unified Governance, Risk and Compliance (GRC) platform that turns complexity into data-driven insights and AI-guided action, announced that it has closed $12 million in Series A financing. The funding round was led by Venture Guides, an early-stage infrastructure software venture capital firm, with participation from existing investors Contour Venture Partners, Armory Square Ventures, nvp capital, Alpine Meridian Ventures, Brooklyn Bridge Ventures, and Zelkova Ventures.

Skyral: $20 Million Series A Secured For Simulation Technology

By Amit Chowdhry ● Jun 10, 2025

BRITISH modeling and simulation software company Skyral announced that it has raised $20 million in a Series A funding round led by European venture capital firm NOIA Capital.

3DBioFibR: $3 Million Secured For Advancing Biopolymer Fiber Manufacturing Platform

By Amit Chowdhry ● Jun 10, 2025

3DBioFibR, a leading manufacturer of advanced biopolymer fibers, announced the closing of a $3 million equity financing round. The funding follows a string of recently signed paid partnerships and collaborations across key sectors, including tissue engineering, medical devices, defense, cosmetics, and apparel, with several multinational corporations. This funding round drew participation from new and existing investors, including AoA Innovation Fund, Build Ventures, Invest Nova Scotia, and Concrete Ventures.

PopID: Biometric Identification Company Raises Equity Financing

By Amit Chowdhry ● Jun 10, 2025

PopID announced an equity financing round that includes investments from Verifone, PayPal, Commerce Ventures, Chipotle’s Cultivate Next venture fund, and Visa Ventures. This new funding follows previous investments from Cali Group and the Ching family.

EP Wealth Advisors Onboards $900 Million Buffington Mohr McNeal Team

By Amit Chowdhry ● Jun 10, 2025

EP Wealth Advisors, a leading fee-only registered investment advisor (RIA), announced a strategic partnership with Buffington Mohr McNeal (BMM), a long-standing RIA firm in Boise, Idaho. This new deal enhances EP Wealth’s presence in the Intermountain West, adding nearly $900 million in assets under management (AUM).

CAPTRUST: Michael Wunderli Named As Head of M&A

By Amit Chowdhry ● Jun 10, 2025

CAPTRUST Financial Advisors announced the appointment of Mike Wunderli as head of mergers and acquisitions (M&A). And Wunderli will lead the firm’s strategic inorganic growth initiatives, utilizing his broad view of the marketplace to identify firms that align with the CAPTRUST vision.

AlpInvest Partners: $4.1 Billion Raised For Ninth Co-Investment Fund

By Amit Chowdhry ● Jun 10, 2025

Leading global private equity investor AlpInvest Partners has announced the raising of $4.1 billion for AlpInvest Co-Investment Fund IX. ACF IX and related strategic mandates reached the initial fundraising target, with the fund exceeding its predecessor, which closed at $3.5 billion in 2021.

Vivrelle: $62 Million Series C Raised For Luxury Accessories Membership Club

By Amit Chowdhry ● Jun 10, 2025

Vivrelle, a first-of-its-kind luxury accessories membership club, announced the closing of a $62 million Series C funding round from Protagonist.

Franklin Templeton To Buy Apera For Expanding Alternatives Platform

By Amit Chowdhry ● Jun 10, 2025

Franklin Resources, a global investment management organisation operating as Franklin Templeton, announced it has entered into a definitive agreement to acquire a majority interest in Apera Asset Management, a pan-European private credit firm with over €5 billion in assets under management (AUM).

Aibidia: $28 Million Series B Closed For Expanding Financial Tax Platform

By Amit Chowdhry ● Jun 10, 2025

AI-based fintech company Aibidia announced it has closed its Series B funding round at $28 million to expand its tax technology operations into the US market. The funding round was led by Activant, with participation from existing investors DN Capital, FPV, and Icebreaker.

Apromore: Interview With CEO Prof. Marcello La Rosa About Driving Operational Excellence With Process Intelligence

By Amit Chowdhry ● Jun 10, 2025

Founded in 2019 and headquartered in Melbourne, Australia, and New York, Apromore originated from over a decade of research and innovation at the University of Melbourne and the University of Tartu. The company evolved into a global leader in process intelligence, offering solutions that integrate with systems such as Salesforce and SAP to provide a comprehensive view of end-to-end processes. Apromore is a 3X Leader in the Gartner Magic Quadrant for Process Mining, and among the top three leading vendors, and also named a Leader in Everest Group’s PEAK Matrix Assessment for Process Mining 2024. Pulse 2.0 interviewed Apromore CEO Prof. Marcello La Rosa to gain a deeper understanding of the company.

MIND: $30 Million Series A For Autonomous Data Loss Prevention Platform

By Amit Chowdhry ● Jun 10, 2025

MIND, a leader in data loss prevention (DLP), announced $30 million in Series A funding, just seven months after emerging from stealth, led by Paladin Capital Group and Crosspoint Capital Partners with participation from Okta Ventures and existing investor YL Ventures. This funding round brings MIND's total to over $40 million.

Vantage Data Centers: €640 Million Raised In Securitized Term Notes

By Amit Chowdhry ● Jun 9, 2025

Vantage Data Centers, a leading global provider of hyperscale data center campuses, announced it has raised €640 million in securitized term notes, marking the first-ever euro-based securitization of data center assets in Continental Europe.

Guardz: $56 Million Series B Raised For Unified Detection Platform

By Amit Chowdhry ● Jun 9, 2025

Guardz, a cybersecurity company helping Managed Service Providers (MSPs) and IT professionals protect small and medium-sized businesses, announced that it has raised $56 million in Series B funding led by ClearSky, with participation from new investor Phoenix Financial and existing investors Glilot Capital Partners, SentinelOne, Hanaco Ventures, iAngels, GKFF Ventures, Lumir, and others. This latest funding round reflects Guardz's notable growth, bringing the total funding to $84 million in just over two years.

Hub International Enhances Wealth Management Services With Acquisition Of Veripax

By Amit Chowdhry ● Jun 9, 2025

Hub International Limited, a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of Veripax Wealth Management (VWM). The terms of the transaction were not disclosed.

Nooks: $25 Million Series A Raised For Transforming Classified Workspaces

By Amit Chowdhry ● Jun 9, 2025

Nooks, a company redefining classified workspaces through its Classified-Infrastructure-as-a-Service (CIaaS) model, announced the closing of its $25 million Series A funding round. This funding round brings together an extraordinary team of partners, including Zigg Capital, Upper90, SAIC, and Lockheed Martin, to propel Nooks into its next phase of growth and innovation.

Beewise: $50 Million Series D Raised To Advance BeeHome

By Amit Chowdhry ● Jun 9, 2025

Beewise, a climate tech company behind the AI-based BeeHome, announced the closing of a $50 million Series D growth investment, with participation from Fortissimo Capital, Insight Partners, APG Asset Management, lool Ventures, Badiya Capital, Marav Mazon Group, and Austin Hearst (Tom Horne).

Mosanna Therapeutics: $80 Million Raised For Advancing Novel Nighttime Nasal Spray For Obstructive Sleep Apnea

By Amit Chowdhry ● Jun 9, 2025

Mosanna Therapeutics, a biotech company rethinking the treatment of obstructive sleep apnea (OSA), announced the closing of $80 million in Series A funding. The financing was led by Pivotal bioVenture Partners and EQT Life Sciences, along with Forbion, Broadview Ventures and Norwest as co-lead investors. The returning investors included founding investor Forty51 Ventures, as well as Supermoon Capital and High-Tech Gründerfonds (HTGF).

RSM: $1 Billion Investment To Advance AI Strategy

By Amit Chowdhry ● Jun 9, 2025

RSM US - a leading provider of assurance, tax and consulting services for the middle market – announced a $1 billion investment over the next three years as part of a significant expansion of its AI strategy, advancing innovation and delivering transformative value for both clients and professionals.