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HighWater Wealth, a San Diego-based wealth management team serving high-net-worth individuals and families with approximately $2.4 billion in advisory assets, has joined LPL Financial's broker-dealer and registered investment adviser platform, aligning with Quotient Advisor Partners, an existing firm supporting LPL-affiliated advisors. The team moves from U.S. Bank and consists of Kristian Forster, Mike Rookus, Falko Hörnicke, Tim Davidson and Brian Rissman.

Singularity emerged from stealth with an oversubscribed $80 million Series A financing at a $400 million valuation. The company is focused on deploying low-cost air defense systems at scale for the U.S. and its allies. The round was led by Khosla Ventures and Felicis. Seed investors AE Ventures and NEA also participated, along with Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, and Soma.

TerraFirma, an Austin-based tech-enabled, vertically integrated construction company founded by former SpaceX engineers, has raised approximately $115 million, including a $100 million Series A led by Kleiner Perkins, with participation from Bain Capital Ventures, Glade Brook Capital Partners, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar Capital and Ravelin Capital. Angel investors include founders, executives and engineers from SpaceX, Anduril, Base Power, Shinkei and Hadrian. The funding will support expansion of TerraFirma's engineering, manufacturing, operations and construction teams, and the continued development of its semi-autonomous heavy equipment systems.

Feathery, the AI operating and decisioning system for financial services, announced that it has raised $30 million in total funding, including its recently completed Series A, from Portage Ventures, Index Ventures, Allstate Strategic Ventures, Clocktower Ventures, Erie Strategic Ventures, and Bain Capital Ventures. The company is one of the fastest-growing AI platforms for financial services, serving more than 300 firms across insurance and wealth management.

Chai Discovery announced a $400 million Series C financing to accelerate the development and deployment of its AI-driven molecular design platform. The round valued Chai Discovery at $3.8 billion. It was led by Index Ventures alongside Kleiner Perkins, Sequoia Capital, and Dimension. New investors in the round included Bain Capital Ventures, Battery Ventures, Baillie Gifford, BDT & MSD, Sapphire Ventures, Avra Capital, and other notable investors. Existing investors Thrive Capital, OpenAI, Oak HC/FT, Menlo Ventures, General Catalyst, Glade Brook, Avenir, Lachy Groom, and Yosemite also participated.

FMG announced the appointment of three independent directors and one board observer to its Board of Directors as the company continues expanding across the financial services market.

Nitin Seth is a technology entrepreneur, corporate leader, and bestselling author who is the Co-Founder and CEO of Incedo, a U.S.-based digital and AI transformation services firm. Recently, Seth wrote a new book called Human Edge in the AI Age. Pulse 2.0 interviewed Seth to learn more.

Trintech is the trusted AI platform for governed autonomous finance, helping organizations modernize financial operations across the Office of the CFO. Guided by our purpose to give people time back for what matters most, we enable finance teams to reduce risk, strengthen controls, and improve accuracy through AI-driven automation for reconciliation, transaction matching, close management, journal entries, intercompany accounting, and compliance. Pulse 2.0 interviewed Trintech CTO Sunil Padiyar to learn more.

Edge Focus is a technology-enabled private credit firm that utilizes machine learning and AI to analyze credit risk, underwrite loans, and manage portfolios. Pulse 2.0 interviewed Edge Focus co-founder and CEO Elliott Lorenz to learn more.

Caprock, a Boise, Idaho–based multi-family office registered investment adviser serving ultra-high-net-worth clients, has announced the acquisition of Venturi Private Wealth, an Austin-based independent wealth management firm with approximately $4 billion in assets under management. The transaction brings approximately 30 employees to Caprock, including 10 advisors, and expands the firm's footprint in Austin and Oklahoma City, where Venturi has an established presence. Terms were not disclosed. 

Wolf & Company is a certified public accounting and business consulting firm that provides clients with tailored advisory, assurance, and tax, services. Pulse 2.0 interviewed Wolf & Company Principal and Chief Growth Officer Michael Kanarellis to learn more.

The 1864 Fund, a Nevada-based seed-stage venture capital fund affiliated with StartUpNV, announced that it has raised and invested its $10 million fund across eight companies.

Pine AI provides an autonomous digital assistant that completes real-world customer service tasks, such as making phone calls and sending emails, to help consumers handle bill negotiations, cancel subscriptions, and secure refunds. Pulse 2.0 interviewed Pine AI CEO Stanley Wei to learn more.

Agiloft, a global leader in data-first contract lifecycle management, announced the general availability of Agiloft Astra, its contract AI platform. Effective immediately, any legal, procurement, finance, or sales professional can begin using Astra's free plan with no waitlist or upfront costs. Astra is designed to deliver value from the very first session, with new users reportedly achieving meaningful use in an average of five minutes. The announcement follows the close of Astra's Early Access Program, which launched in April this year. Every account in general availability is subject to the Astra Clean Data Promise, which guarantees that customer contract data is never used to train AI models, regardless of account tier.

Prosperity Partners, a Chicago-headquartered tax, client accounting and transaction support services firm, has announced a majority growth investment from Lightyear Capital, a New York-based private equity firm with approximately $8.1 billion in assets under management. Unity Partners, which invested in Prosperity in April 2023, will retain a minority position in the company. The transaction is expected to close in the third quarter of 2026, subject to customary regulatory approvals. Financial terms were not disclosed.

Velocity, a London-based stablecoin treasury and settlement platform founded in 2025, has raised a $38 million Series A led by Dragonfly and FirstMark, with participation from Activant Capital, Capital One Ventures, QED Investors, Coinbase Ventures, Wintermute Ventures and Ripple.

Rockefeller Group announced that veteran real estate executive Mitzi Jones has joined the company as Senior Managing Director, Southeast Region, overseeing its development business throughout the Southeast United States. Jones is based in the company's Atlanta regional headquarters and succeeds John Petricola, who plans to leave the company at the end of July.

9fin announced that Huw Richards is joining the company as Head of Customer Partnerships, based in New York, in a newly created role designed to support customers navigating their own AI transformation efforts.

Greylock announced Greylock 18, a $1.5 billion fund dedicated to partnering with founders at the earliest stages in AI. The fund will back founders building across infrastructure, cybersecurity, applications, deep tech, consumer, and fintech. Greylock said the fund extends its long-running strategy of partnering with a select set of founders early and helping them scale from inception to IPO and beyond.

TYLsemi, a San Jose-based chiplet platform company, has emerged from stealth and closed an oversubscribed $43 million early-stage funding round to accelerate development of AI infrastructure silicon. The round was led by Matter Venture Partners with participation from Viola Ventures, GHOVC, Egis Technology and strategic investors across the global semiconductor and AI infrastructure ecosystem.

Zayo, the leading digital infrastructure network provider, announced a planned CEO transition, appointing former Verizon executive Sowmyanarayan Sampath as Chief Executive Officer, effective September 1, 2026. Sampath will succeed Steve Smith, who will retire as CEO following a tenure that established Zayo as the foundational backbone of the AI economy, and will continue to serve as a member of Zayo's Board of Directors.

Cognify Health announced a seed funding round led by Game Changers Ventures. The company is building a healthcare platform for youth athletics, starting with concussion care.

Cequence Security, a Santa Clara-based application, API and agentic AI protection company, has appointed Rupal Shah Hollenbeck, former President of Check Point Software, to its board of directors. Hollenbeck will advise on growth strategy, marketing and positioning as Cequence accelerates its expansion in the agentic AI era, where securing and governing AI agent workflows is becoming a critical enterprise priority.

Prolo, a London-based AI-powered procurement platform designed to help SME construction firms source materials, equipment and plant hire at competitive market rates, has closed an oversubscribed £4.2 million Seed round. The round was led by Triple Point Ventures and joined by a16z Scout Fund, Anamcara Capital, Concrete VC, Foundation Ventures, Haatch, Koro Capital, Love Ventures and Portfolio Ventures. Proceeds will fund go-to-market sales and marketing and accelerate new technology and product rollouts to support the company's growing base of SME contractor customers.

Mayer Brown has expanded its Los Angeles real estate practice with the addition of Daniel Rothberg as a partner, joining from Orrick, Herrington & Sutcliffe LLP. The hire is part of a broader period of strategic growth for Mayer Brown's nationally recognized Real Estate practice, which the firm says has seen significant expansion over the past year.

InstaLILY AI, creator of the world's first AI Forward Deployed Engineer, announced a $60 million Series B round led by Energize Capital, with participation from Insight Partners, which increased its investment, and new strategic investors including Home Depot Ventures and United Rentals. The round brings the company's total raised to nearly $100 million, and revenue grew 5x over the past year.

Feenko, a Kyiv-based smart subscription tracking and management app, has secured $30 million in user acquisition financing from PvX Partners, a financial services firm specializing in non-dilutive revolving credit facilities for consumer applications. The capital will be used to accelerate user growth and expand Feenko's reach across key international markets as demand for subscription management tools continues to grow alongside the proliferation of recurring digital charges.

Hadrius announced that it raised $27 million in seed and Series A funding led by CRV, with participation from Y Combinator, Pathlight Ventures, and the founders of Altruist, Jump AI, and FINNY.

Cribl announced that it is acquiring CardinalOps, an agentic detection engineering company. The acquisition expands Cribl’s AI Platform for Telemetry into security operations.

Strata Decision Technology, a leading provider of enterprise performance management solutions for financial institutions, announced the acquisition of c. myers, a trusted advisory firm that has worked with more than 600 financial institutions over its 30-plus-year history. As part of the acquisition, Adam Johnson, CEO of c. myers, and the c. myers team will join Strata.