Venture Capital

xMEMS: $21 Million Series D Raised For Scaling piezoMEMS Innovations for AI-Driven Consumer Devices

By Amit Chowdhry ● Nov 3, 2025

xMEMS Labs, the company behind the world’s first piezoelectric MEMS (piezoMEMS) fan-on-a-chip and a global leader in solid-state silicon speakers, announced the closing of a $21 million Series D funding round led by Boardman Bay Capital Management. The round also saw participation from Cloudview Capital, CDIB-TEN Capital, Harbinger Venture Capital, SIG Asia Investments (an affiliate of Susquehanna International Group), and other strategic investors.

Speyside Equity: $300 Million Oversubscribed Fund II Closed

By Amit Chowdhry ● Nov 2, 2025

Detroit-based private equity firm Speyside Equity Advisers has announced the final close of its oversubscribed Speyside Equity Fund II, reaching its hard cap of $300 million in capital commitments. The fund surpassed its original target, with strong demand from both existing limited partners and new global investors.

Old Dominion University and Google Public Sector Launch MonarchSphere AI Incubator

By Amit Chowdhry ● Nov 2, 2025

Old Dominion University (ODU) and Google Public Sector have announced the launch of MonarchSphere, a first-of-its-kind AI incubator designed to embed artificial intelligence across every dimension of university research, teaching, and operations. The multi-year initiative, powered by Google Cloud, aims to establish ODU as a national model for AI-powered innovation and smart campus transformation.

MacKenzie Scott Donates $38 Million To Alabama State University In Largest Gift In School’s History

By Amit Chowdhry ● Nov 2, 2025

Alabama State University has received the largest single donation in its 158-year history: a $38 million unrestricted gift from philanthropist MacKenzie Scott. The transformative donation represents a significant investment in the University’s long-term growth and an extraordinary vote of confidence in its mission, leadership, and vision for innovation.

PharmaDrug To Buy 40% Stake in Canurta, Expanding Botanical Therapeutics Portfolio

By Amit Chowdhry ● Nov 2, 2025

Toronto-based PharmaDrug, a specialty pharmaceutical company focused on the development and commercialization of natural medicines, announced it has signed a definitive securities exchange agreement with Canurta Limited Partnership and its limited partners, the parent entity of Canurta Inc. The transaction marks a significant step in PharmaDrug’s strategy to advance its biotechnology footprint through innovative botanical therapeutics.

BKV Buying Controlling Stake In Power JV To Expand Energy Platform

By Amit Chowdhry ● Nov 2, 2025

BKV Corporation announced that it has entered into a definitive purchase agreement with Banpu Power US Corporation (BPPUS) to acquire one-half of BPPUS’ ownership interest in BKV-BPP Power. Upon closing, BKV will hold a 75% controlling stake in the power joint venture, furthering its long-term growth and energy diversification strategy.

BRKZ: $30 Million Growth Debt Raised From Stride To Advance Saudi Arabia’s Construction Sector Expansion

By Amit Chowdhry ● Nov 2, 2025

BRKZ, a leading B2B managed marketplace for building materials in Saudi Arabia, has secured up to $30 million in growth debt financing from Stride Ventures. The new facility aims to strengthen BRKZ’s ability to offer flexible payment solutions for contractors and partner factories, supporting the rapid expansion of the Kingdom’s construction sector amid a surge in mega and giga-projects.

Emerald AI: $18 Million Seed Extension Raised To Advance Power-Flexible AI Infrastructure

By Amit Chowdhry ● Nov 2, 2025

Emerald AI, a fast-growing innovator at the intersection of artificial intelligence and energy infrastructure, announced that it has raised an additional $18 million in seed extension funding, bringing its total funding to $42.5 million. The new capital will accelerate the company’s mission to transform AI data centers into flexible grid assets that can dynamically adjust their energy use to support grid stability and resilience.

Catalyx Space: $5.4 Million Seed Funding Closed To Advance Orbital Logistics Infrastructure

By Amit Chowdhry ● Nov 2, 2025

Catalyx Space, a San Francisco-based space infrastructure company developing end-to-end hardware, software, and operations for orbital logistics, has closed an oversubscribed $5.4 million Seed funding round led by Outlander VC. The round follows a $1.7 million pre-seed raise in January, which culminated in Catalyx’s first successful capsule drop test within just six months.

Helex: $3.5 Million Seed Funding Closed To Advance Non-Viral Gene Therapies for Genetic Kidney Diseases

By Amit Chowdhry ● Nov 2, 2025

Helex, a therapeutics company pioneering targeted non-viral gene therapies for kidney diseases, has raised an oversubscribed $3.5 million Seed round led by pi Ventures, with participation from Bluehill Capital, SOSV, and a global syndicate of investors. The new funding brings Helex’s total capital raised to over $6 million.

Jensen Partners Buying Baier Associates To Enhance EMEA Executive Search Capabilities

By Amit Chowdhry ● Nov 2, 2025

Jensen Partners, a leader in executive search and advisory for capital raising, announced the acquisition of Baier Associates (UK), an award-winning executive search and consulting firm specializing in alternative investments. The transaction marks a significant milestone in Jensen Partners’ continued expansion across EMEA, enhancing its global capabilities in capital formation, investments, and strategic advisory services.