Venture Capital

Star Catcher Raises $65 Million Series A To Build First Power Grid In Space

By Amit Chowdhry ● May 12, 2026

Star Catcher Industries, the company building what it describes as the first power grid in space, has raised $65 million in an oversubscribed Series A round, bringing its total capital raised to $88 million. The round was led by B Capital and co-led by Shield Capital and Cerberus Ventures, the venture arm of Cerberus Capital Management, with additional participation from GreatPoint Ventures, Helena, Oceans Ventures, and MVP Ventures.

Isomorphic Labs Raises $2.1 Billion Series B To Scale AI Drug Design Engine And Advance Therapeutic Pipeline

By Amit Chowdhry ● May 12, 2026

Isomorphic Labs, the London-based AI-first drug design and development company, has raised $2.1 billion in Series B funding to accelerate its evolution from pioneering novel AI models to applying them at scale. The round is led by Thrive Capital and includes participation from existing backers Alphabet and GV alongside new investors MGX, Temasek, CapitalG, and the UK Sovereign AI Fund, significantly expanding the company's global capital base.

Green Street Launches Green Street Infrastructure As Dedicated Real Assets Intelligence Platform

By Amit Chowdhry ● May 12, 2026

Green Street has announced the official launch of Green Street Infrastructure, a dedicated infrastructure intelligence platform now integrated into the Green Street ecosystem. The Newport Beach, California-based company said the launch marks a significant step in its mission to deliver the most powerful real assets intelligence platform in the market, combining trusted infrastructure data and exclusive news coverage from IJGlobal with Green Street's existing infrastructure research and analytics capabilities. The platform was commercially introduced to the global infrastructure finance community at IFF Europe in Madrid on May 12, 2026.

Havoc Raises $100 Million Series A To Scale All-Domain Collaborative Autonomy For Defense And Commercial Markets

By Amit Chowdhry ● May 12, 2026

Havoc, the all-domain collaborative autonomy company, has announced a $100 million Series A funding round, bringing total capital raised to approximately $200 million since 2024. The round included participation from new investors CCM Capital Markets, Clear Street, Cobalt Capital, Boardman Bay Capital Management, Meet Perry, Mute Ventures, Soren Ventures, SAIC, and JA Green, alongside existing investors including Outlander VC, Scout VC, B Capital, Lockheed Martin, Taiwania Capital, UP.Partners, The Veteran Fund, and Vanderbilt University's endowment.

TriSpan Closes Continuation Vehicle For Maman

By Amit Chowdhry ● May 12, 2026

TriSpan has closed a single‑asset continuation vehicle to support the next phase of growth for Maman, the fast‑growing café‑bakery and lifestyle brand that has expanded rapidly across the United States and Canada. The transaction was led by Kline Hill Partners, with participation from Norwest and a major Ivy League endowment, and provides liquidity to existing investors while positioning the company for broader national and international expansion.

Judgment Labs Closes $32 Million In Seed And Series A Funding To Build Improvement Layer For AI Agents

By Amit Chowdhry ● May 12, 2026

Judgment Labs has raised a combined $32 million across its seed and Series A rounds to accelerate its mission of helping AI‑native teams turn production data into continuously improving agents. The funding was led by Lightspeed Venture Partners, which backed both rounds less than six months apart, signaling strong conviction in the company’s approach to solving one of the most complex challenges in the AI agent ecosystem. Additional participation came from Nova Global, SV Angel, Valor Equity Partners, and Dynamic, all supporting Judgment Labs’ push to become foundational infrastructure for agent‑native companies.

Snowhawk Announces Final Close Of Inaugural Digital Infrastructure Fund With About $1.3 Billion

By Amit Chowdhry ● May 12, 2026

Snowhawk has announced the final close of its inaugural digital infrastructure fund, Snowhawk Capital Digital Opportunities Fund I, with approximately $1.3 billion in total commitments across the fund and associated deal‑level co‑investments. The close marks a major milestone for the firm, which launched in 2022 and now manages $1.8 billion in assets.

Knit Health Secures $11.6 Million Seed Funding To Launch Its Large Clinical Behavior Model

By Amit Chowdhry ● May 12, 2026

Knit Health has emerged from stealth with $11.6 million in seed funding to build a new category of clinical intelligence AI that learns directly from real‑world clinician behavior. The round was co‑led by Uncork Capital and Frist Cressey Ventures, with the pre‑seed round led by Moxxie Ventures and participation from Coalition Operators. The company, spun out of the University of California, Berkeley, plans to accelerate development and deployment of its Large Clinical Behavior Model across health systems nationwide.

Top Down Ventures Closes $28 Million Founders Fund I

By Amit Chowdhry ● May 12, 2026

Top Down Ventures, the Vancouver-based venture capital firm focused on software and AI companies serving the Managed Service Provider market, has announced the final close of its Founders Fund I at $28 million, surpassing its original $25 million target.

Embat: €30 Million Series B Raised To Expand AI-Powered Treasury Management Across Europe

By Amit Chowdhry ● May 12, 2026

Embat, the Madrid-based fintech specializing in AI-driven treasury management, has closed a €30 million Series B round led by Cathay Innovation, a Paris-based global venture capital firm with more than €2.5 billion under management. Existing investors Creandum, Samaipata, 4Founders, and Venture Friends also participated. The raise brings Embat's total funding to more than €50 million since its founding in 2021.

Adfin Raises $18 Million Series A To Build Agentic Finance Platform

By Amit Chowdhry ● May 12, 2026

Adfin, the London-based payments and finance automation company, has closed an $18 million Series A round, bringing total investment in the company to over $30 million in less than two years. Index Ventures led the round and tripled down on its prior commitment, with existing investor Visionaries Club also participating. The round additionally welcomed Stéphane Kurgan and Miro founder Andrey Khusid as new individual investors.

Colorado School Of Mines Launches $10 Million Venture Fund II To Back Deep Tech Startups

By Amit Chowdhry ● May 12, 2026

Colorado School of Mines has announced Mines Venture Fund II, a $10 million seed-funding platform that will invest in technology startups founded by Mines alumni, faculty, and students, with a $5 million commitment from the State of Colorado including funding from the Colorado Venture Capital Authority. The fund aims to invest in approximately 40 companies over the next four years, focusing on deep tech opportunities in energy, critical minerals, AI, quantum technologies, health, and space exploration.

Fifth Dimension Raises $26 Million Series A To Scale AI Decision Intelligence Platform For Real Assets

By Amit Chowdhry ● May 12, 2026

Fifth Dimension, the decision intelligence platform built for the real assets industry, has raised $26 million in a Series A funding round led by HV Capital, with participation from Prudence, Mercia Ventures, MMC Ventures, and AFG Partners, and continued support from Speedinvest, Seedcamp, and Anthemis Group. The capital will accelerate expansion across the United States, already 70% of the company's revenue, and into Asia Pacific, where Fifth Dimension has opened a Singapore office.

Bruin Capital Acquires Minority Equity In Matchroom Sport To Accelerate Global Expansion

By Amit Chowdhry ● May 12, 2026

Bruin Capital has agreed to take a minority equity interest in Matchroom Holdings, forming a strategic alliance between one of the world's largest independent sports media and promotional businesses and a leading specialist in scaling global sports platforms. The Hearn family will retain majority ownership, with Eddie Hearn serving as Group Chairman and Barry Hearn as Founder and President. Financial terms were not disclosed. Bruin will join Matchroom's board of directors.

Circle Internet Group Launches $222 Million ARC Token Presale

By Amit Chowdhry ● May 12, 2026

Circle Internet Group, the New York-based stablecoin and digital payments company, reported total revenue and reserve income of $694 million for the first quarter of 2026, a 20% increase year-over-year. USDC in circulation reached $77.0 billion at quarter end, representing 28% growth, while USDC onchain transaction volume surged 263% to $21.5 trillion. Adjusted EBITDA grew 24% to $151 million, though net income from continuing operations declined 15% to $55 million as higher stock-based compensation and increased investment weighed on the bottom line.

ABB Invests $200 Million Across Europe To Expand Medium-Voltage Manufacturing

By Amit Chowdhry ● May 12, 2026

ABB has announced a $200 million investment in its medium-voltage manufacturing capabilities across Europe over the next three years, aimed at expanding production capacity, accelerating the transition to next-generation power distribution technologies, and strengthening supply for customers modernizing their power infrastructure.

Sony Semiconductor Solutions And TSMC Sign Deal To Form JV For Next-Generation Image Sensors

By Amit Chowdhry ● May 12, 2026

Sony Semiconductor Solutions and Taiwan Semiconductor Manufacturing Company have signed a non-binding memorandum of understanding to form a strategic partnership for the development and manufacturing of next-generation image sensors, including plans to establish a joint venture in which Sony will be the majority and controlling shareholder.

n8n Valuation Doubles To $5.2 Billion As SAP Makes Strategic Investment And Embeds Platform Into Joule Studio

By Amit Chowdhry ● May 12, 2026

n8n, the AI orchestration platform, has announced a strategic investment from SAP alongside a multi-year commercial partnership that more than doubles the company's valuation to $5.2 billion from $2.5 billion secured less than a year ago. Under the commercial agreement, n8n's workflow automation platform will be embedded natively within Joule Studio, SAP's agent-building environment within SAP Business AI Platform, marking n8n's arrival as enterprise AI infrastructure for one of the world's largest software companies.

GreaterThan Group: Simon Zhu Forms New Model Video Game Company To Build And Fund Elite Creative Studios

By Amit Chowdhry ● May 12, 2026

GreaterThan Group, a new video game company founded by games industry veteran Simon Zhu, has launched with a mission to build, empower, and fund elite creative studios to develop what it describes as unforgettable interactive experiences. The Los Angeles-based company has already partnered with three founding studios led by prominent industry figures: Arcanaut Studios in Edmonton, led by Casey Hudson; BulletFarm in Los Angeles, led by David Vonderhaar; and MAGship in Tokyo, led by Masato Sakai.

Rogue Raises $2.5 Million Pre-Seed And Secures Launch In 2,800 Walmart Stores Nationwide

By Amit Chowdhry ● May 12, 2026

Rogue, a Los Angeles-based high-protein snack company, has announced a $2.5 million pre-seed funding round led by Science Inc., with participation from Uncommon VC, Simple Food Ventures, and additional strategic investors. The capital will support inventory production for a national Walmart launch, expand creator and affiliate partnerships, hire across operations and retail, and prepare for broader wholesale distribution.

Blackstone To Acquire Majority Stake In Greece’s Leading E-Commerce Marketplace Skroutz

By Amit Chowdhry ● May 12, 2026

Blackstone has announced that funds managed by its private equity business have entered into a definitive agreement to acquire a majority stake in Skroutz, the leading online marketplace in Greece, from CVC Capital Partners Fund VII. The transaction is expected to close in the second half of 2026, subject to regulatory approvals. Financial terms were not disclosed.

Heaviside Industries Raises $28 Million Series A To Scale Autonomous Precision Munitions

By Amit Chowdhry ● May 12, 2026

Heaviside Industries has emerged from stealth with a $28 million Series A funding round led by Interlagos, with participation from Menlo Ventures, Flume Ventures, Cantos, Anorak Ventures, and a group of defense-focused individual investors including Frank Finelli, former Partner and Managing Director at The Carlyle Group; Paul Dimitruk, Co-Founder and Senior Partner at Partners Capital; and Aaditya Devarakonda, former CEO of Dedrone. The Los Angeles-based defense company has been operating quietly since its founding in 2024, building a team of more than 50 engineers and operators across offices in Los Angeles and Oslo, Norway.

McGrath RentCorp Completes $725 Million Credit Facility Maturing In 2031

By Amit Chowdhry ● May 12, 2026

McGrath RentCorp has announced the completion of a $725 million credit facility with a syndicate of banks, replacing the company's existing $650 million line of credit. The five-year facility matures on May 8, 2031, and will be used for working capital, capital expenditures, and other general corporate purposes.

Nscale Secures $790 Million In Financing To Expand AI Data Center In Narvik, Norway

By Amit Chowdhry ● May 12, 2026

Nscale has announced $790 million in financing committed by ABN AMRO, DNB, Eksfin, Nordea, and SEB to support the continued development of its AI data center in Narvik, Norway — the largest AI infrastructure investment in the country. The committed financing also includes an additional $790 million uncommitted accordion feature to fund a further 115-megawatt expansion at the Narvik campus.

Kalos Ventures Closes $78.8 Million Inaugural Fund Focused On Workforce, Care And Education

By Amit Chowdhry ● May 12, 2026

Kalos Ventures Management has announced the final close of its oversubscribed $78.8 million inaugural fund, backed by investors including ZOMA Capital, GCM Grosvenor, MassMutual, Sorenson Impact Advisory, and Pivotal Ventures, a Melinda French Gates organization. The New York-based early-stage venture capital firm is building a concentrated portfolio of technology companies addressing critical infrastructure needs across the workforce, care, and education sectors.

DigitalBridge Closes $400 Million In Securitized Notes To Refinance Existing Debt

By Amit Chowdhry ● May 12, 2026

DigitalBridge Group has announced the closing of two securitized financing note issuances totaling $400 million through its subsidiaries DigitalBridge Issuer and DigitalBridge Co-Issuer. The transaction consists of $300 million in Series 2026-1 6.326% Secured Fund Fee Revenue Notes and a $100 million variable funding note facility that allows borrowing on a revolving basis.

Riverside Partners Rebrands As RS2 Healthcare Partners And Closes Loftware Continuation Vehicle

By Amit Chowdhry ● May 12, 2026

Riverside Partners, a Boston-based private equity firm, has announced its rebrand to RS2 Healthcare Partners, formalizing the firm's exclusive strategic focus on healthcare investing in the lower middle market. The rebrand is accompanied by the appointment of Craig Stern as Co-Managing Partner alongside David Belluck, and the closing of a single-asset continuation vehicle for Loftware, a leading global enterprise labeling and artwork management software provider, with AKKR Strategic Capital serving as lead investor.

Alcoa Announces $65 Million Investment At Norway’s Mosjøen Smelter To Add Recycled Aluminum Capabilities

By Amit Chowdhry ● May 12, 2026

Alcoa has announced a $65 million capital investment at its Mosjøen smelter in Norway to expand foundry production capabilities and incorporate post-consumer recycled aluminum into its casting process for the first time. The investment will expand and upgrade the Mosjøen casthouse, increasing production capacity by up to 75,000 metric tons through a new open mold foundry casting line, melting furnaces, and additional casthouse improvements.

4AM Raises $4 Million Seed Round And Launches Science-Backed Clean Sheets In 1,745 Target Stores

By Amit Chowdhry ● May 12, 2026

4AM has closed an oversubscribed seed round of more than $4 million led by CAVU Consumer Partners — the firm behind poppi, Necessaire, and Vital Proteins — and is launching its hero product, Clean Sheets, in 1,745 Target stores nationwide. The round also attracted participation from B4 Capital and Type Capital, alongside a tightly curated group of strategic angel investors including Joe Cloyes of Youth to the People, Cassandra Grey of Violet Grey, Brian Bordainick of Starface, dermatologists Dr. Muneeb Shah and Dr. Joyce Park, Maggie Sellers Reum of Hot Smart Rich, and Michelle Hu of Etoile. The launch caps a year of four-times year-over-year revenue growth, four sold-out production runs, and a number-four ranking in TikTok Shop's Cleansers category.

Boundary Labs Raises $2 Million Pre-Seed To Launch Institutional Stablecoin USBD

By Amit Chowdhry ● May 12, 2026

Boundary Labs has announced the closing of a $2 million pre-seed funding round led by Galaxy Ventures, with participation from institutional finance partners and angel investors, including VCs BlackWood and FirstBlock Capital. The capital will accelerate the launch of USBD, a stablecoin protocol engineered specifically for financial and blockchain institutions and approved participants that require a new standard of on-chain verifiability in the more than $300 billion stablecoin market.