Venture Capital

StratusGrid Raises $3 Million Seed Round To Advance AI-Driven Cloud Infrastructure Optimization

By Amit Chowdhry ● Jun 3, 2026

StratusGrid, a cloud infrastructure optimization company helping enterprises move from cloud visibility to verified outcomes, announced that it has raised $3 million in seed financing, marking the company's first outside capital raise. The round was led by Dogwood Ventures, with participation from Market Square Ventures, LaunchTN, VentureSouth, Service Provider Capital, and several strategic angel investors.

Novellia Raises $18 Million Series A To Scale Patient-Powered Healthcare Data Platform

By Amit Chowdhry ● Jun 3, 2026

Novellia, a patient-powered real-world data platform, announced that it has raised $18 million in Series A funding led by Spark Capital, with participation from Khosla Ventures, Acrew Capital, Bling Capital, and TMV. The new financing brings the company's total funding to $28 million and comes as Novellia expands its presence among major pharmaceutical companies and launches a new patient-facing mobile application.

Arpio Raises $15 Million In Series A To Advance AI-Native Automated Recovery Platform

By Amit Chowdhry ● Jun 3, 2026

Arpio, a cloud recovery and resilience platform for cloud environments, announced the close of a $15 million Series A financing round co-led by S3 Ventures and Paladin Capital Group, with participation from Draper Associates, Uncorrelated, Valor Ventures, CreativeCo Capital, and Lookout Ventures.

Perk Raises $300 Million Credit Facility To Accelerate Global Expansion Of Its AI-Native Travel And Spend Platform

By Amit Chowdhry ● Jun 3, 2026

Perk, formerly known as TravelPerk, announced the closing of a $300 million private credit facility led by Neuberger Specialty Finance, alongside Blue Owl Capital, Hercules Capital, and Liquidity. The new facility replaces and upsizes the company’s 2024 credit facility on materially improved terms, increasing available capital while further strengthening Perk’s balance sheet.

Crescent Capital Group Raises $10.8 Billion For Fourth U.S. Direct Lending Fund

By Amit Chowdhry ● Jun 3, 2026

Crescent Capital Group announced the final close of its fourth U.S. direct lending fund, Crescent Direct Lending Fund IV (CDL Fund IV), raising $10.8 billion in investable capital, including targeted leverage and separately managed accounts investing alongside the fund. The fund is one of the largest lower middle market direct lending vehicles raised to date and marks the largest fund in the firm's history.

Alitheon Raises $8 Million Series A1 To Scale Biometrics For Things Across Global Supply Chains

By Amit Chowdhry ● Jun 3, 2026

Alitheon, an optical AI company focused on physical-to-digital identity and traceability solutions, announced the closing of an $8 million Series A1 funding round led by Emerald Technology Ventures, with significant participation from eBay Ventures and continued support from existing investors.

Advanced NanoTherapies Raises Over $31 Million Series B To Advance Dual-Drug Nanoparticle-Coated Balloon Platform

By Amit Chowdhry ● Jun 3, 2026

Advanced NanoTherapies (ANT), a clinical-stage medtech company focused on improving outcomes for patients with coronary and peripheral artery disease, announced the closing of an oversubscribed Series B financing round totaling more than $31 million. The financing was co-led by an undisclosed strategic investor and S3 Ventures, with participation from the T45 Fund as well as new and existing investors.