Arrakis has raised $30 million in Series A funding to expand its platform for deploying artificial intelligence agents across industrial operations. Blossom Capital led the round, with participation from existing investor Accel. The financing brings Arrakis’ total funding to approximately $38 million. Accel previously led the company’s $7.5 million seed round. Individual investors include Datadog Founder and CEO Olivier Pomel, OpenAI Head of Business Products Olivier Godement and Cambridge Aerospace Founder Junaid Hussein.
PathFinder has raised a multi-million-dollar angel financing round to accelerate development and manufacturing of BirdieSense, its vision-based artificial intelligence training device for golfers. Jinqiu Capital exclusively led the round. PathFinder did not disclose the precise amount raised or the company’s valuation.
N-Zyme Biomedical has raised approximately $4.6 million in Series A funding to advance Phase 2 clinical programs evaluating its pepsin inhibitor platform for reflux disease. The financing is expected to fully fund the company’s planned Phase 2 work in laryngopharyngeal reflux and proton pump inhibitor-refractory gastroesophageal reflux disease.
Petra Labs has raised $5.2 million in seed funding to expand its answer engine optimization platform for enterprise brands. Work-Bench led the round, with participation from Afore, Pathlight and strategic angel investors.
Transcripta Bio has raised $24 million since its Series A financing to advance an AI-powered drug discovery platform focused on neurological and neuromuscular diseases. New investors Mayo Clinic and Omnimed joined existing backers JAZZ Venture Partners, BlueYard Capital and several life sciences-focused family offices.
AMD and Anthropic have entered into a strategic partnership involving the planned deployment of up to two gigawatts of AMD Instinct graphics processing units and a potential equity investment of as much as $5 billion in Anthropic.
BranchOut Food has secured an estimated $2 million order from the nation’s second-largest warehouse club for a new Tropical Mix multipack. The order follows the retailer’s recent award of an approximately $8 million annual program for BranchOut’s Crunchy Fruit Chips.
FatPipe has been awarded a $7 million contract to provide network edge products and monitoring services to schools. The deployment is intended to improve network availability, centralized visibility and the speed at which administrators can identify and address connectivity problems.
Pratt & Whitney Canada will invest C$275 million to expand and modernize manufacturing operations at its Longueuil, Quebec, facility. The investment will be supported by the Canadian and Quebec governments.
Assort Health has appointed three senior executives to support growing demand for its AI agents platform for patient access and healthcare administration. The company named Jon Corn as Chief Revenue Officer, Kristina Kemp as Vice President of Customer Success and Emil Yeargin as Senior Vice President of People.
I-care Group has invested $25 million in its U.S. subsidiary, I-care Reliability, to expand its commercial and operational presence across the United States. The investment reinforces the Belgian company’s long-term commitment to one of its largest industrial growth markets.
Karoo Health has raised $16.2 million in an oversubscribed Series A financing round to expand its AI-native technology platform for cardiovascular care. The round was co-led by 7wire Ventures and Allumia Ventures. First Trust Capital Partners, SpringRock Ventures, Hyde Park Angels and other investors also participated. As part of the financing, 7wire Ventures Managing Partner Lee Shapiro and Allumia Ventures Managing Partner Jeff Stolte will join Karoo Health’s board of directors.
FactorLab has received a strategic growth investment from Falfurrias Growth Partners to expand its artificial intelligence platform for improving safety and operational performance in high-risk work environments. Financial terms of the transaction were not disclosed.
Hilo, a health technology brand developed by Aktiia, has launched Hilo Core in the United States. The system is designed to provide long-term blood pressure trends rather than relying exclusively on occasional cuff-based measurements.
Cascade has raised $3.5 million to expand its artificial intelligence platform for architecture, engineering and construction firms. The financing included Andreessen Horowitz Speedrun, Ada Ventures, Blitzscaling Ventures, Indico Capital, shuckerVC, G2C Ventures and Snowball VC.
Humanoid has raised $152 million in Series A funding at a $1.35 billion post-money valuation to accelerate the development and commercial deployment of its industrial humanoid robots. The financing brings the UK-based company’s total funding to $270 million.
Alocity has completed a Series A financing round to expand its artificial intelligence platform for managing physical spaces. The round was led by a private investor group alongside founder and CEO Marco Quintero.
Augustus has raised $180 million in a Series B financing round at a $1 billion valuation to expand its banking infrastructure for international financial institutions. The round was led by Tiger Global and brought the company’s total funding to $210 million.
Capitol Meridian Partners has closed its second private equity fund with $1.9 billion in commitments, exceeding its original fundraising target by 50% and reaching the vehicle’s hard cap. The fund is focused on investments spanning national security, defense, government technology and commercial aviation.
Ponda has been awarded a £2.4 million project to demonstrate how restored wetlands can produce commercially valuable biomaterials while reducing emissions and generating new income opportunities for farmers. The project is supported by a £1.9 million grant through the Department for Environment, Food and Rural Affairs and Innovate UK Farming Innovation Programme.
Circular Materials has secured €11.8 million in financing to expand its technology for recovering critical and strategic raw materials from industrial wastewater. The round included CDP Venture Capital, the European Innovation Council Fund, EIT RawMaterials, 360 Capital, Corbites and Lumar.
SROA Capital has launched SROA Capital Fund X with a target of $750 million in capital commitments. The value-add real estate fund will acquire and improve self-storage properties and portfolios across the United States.
CapVest Partners has completed its acquisition of a majority stake in TSG Solutions following the receipt of all required approvals. Financial terms of the transaction were not disclosed.
MyDecisive has emerged from stealth with $12 million in funding and the launch of SmartHub, its open-source foundation for enterprise IT operations. The company also announced the general availability of Octant, a commercial product suite built on the SmartHub platform.
Vikk AI has raised $4.2 million to expand its AI-powered legal platform and develop a sponsored advertising channel for lawyers. The financing consists of a $700,000 pre-seed round and a $3.5 million seed round.
Photon Queue has raised $4 million in an oversubscribed seed financing round to expand its quantum memory technology. Playground Global led the investment.
Pure Data Centres Group has secured €1.3 billion in committed senior debt to finance the first phase of its Seinäjoki artificial intelligence data center campus in Finland. The financing brings the company’s total capital secured during the past 12 months to more than $4.2 billion.
Eldridge Capital Management has completed a $75 million sale-leaseback transaction with an unnamed global producer of chemical inputs used across consumer and industrial products.
pQCee has raised $3.9 million in seed funding to expand its quantum-safe cybersecurity technology internationally. SGInnovate and Lotus One Investment co-led the round. In Group Holdings, Wavemaker Ventures, SUTD Venture Holdings and Apsara Investments also participated. The financing represents pQCee’s second institutional funding round.
Pulse 2.0 NewsletterDaily business and finance intelligence.
Subscribe to the Pulse 2.0 Newsletter
Stay informed with the day's intelligence on business, finance, capital markets, deal flow, law, tech, and AI delivered to your inbox each evening at 6pm ET.