Venture Capital

Enzo Health Raises $26 Million To Deploy AI Across Home Health And Post-Acute Care

By Amit Chowdhry ● May 5, 2026

Enzo Health, the AI-driven platform for home health and post-acute care, has announced a $20 million Series A funding round led by N47, bringing the company's total funding to $26 million. Existing investors Gradient, Tandem Ventures, and Rigby Watts also participated.

Prospect Capital Completes $26 Million Investment In Security Fire Systems

By Amit Chowdhry ● May 5, 2026

Prospect Capital and an affiliate have provided a first lien senior secured term loan and a preferred equity investment in Security Fire Systems aggregating approximately $26 million, in collaboration with Blackford Capital. Founded in 1993, Security Fire Systems is an industry leader in fire security and protection, offering automatic fire sprinkler design services, installation, system testing, maintenance, remodel and retrofit services, fire alarms, and emergency response.

CMBlu Energy Reaches Unicorn Status With €50 Million Series C Close

By Amit Chowdhry ● May 5, 2026

CMBlu Energy, the German deep-tech company developing non-lithium long-duration energy storage, has reached unicorn status, crossing the €1 billion valuation threshold following a €50 million initial close of its Series C financing with participation from Samsung Ventures. All existing investors, including STRABAG SE, also joined the round.

Trinity Capital Provides $35 Million In Equipment Financing To Torus

By Amit Chowdhry ● May 5, 2026

Trinity Capital has committed up to $35 million in equipment financing to Torus, a Salt Lake City-based energy technology company building what it describes as the next generation of energy infrastructure. Torus designs, engineers, and manufactures distributed mesh energy infrastructure that delivers scalable, secure, and reliable power, integrating battery and inertial-based storage, AI-powered management, cybersecurity, and long-term operations and maintenance across utilities, data centers, manufacturers, and commercial and industrial facilities.

Green Coffee Company Raises $5 Million From More Than 2,000 Retail Investors

By Amit Chowdhry ● May 5, 2026

Green Coffee Company, a U.S.-headquartered coffee company with fully integrated operations in Colombia, has successfully closed a Regulation CF crowdfunding campaign on DealMaker's platform, raising $5 million from a community of more than 2,000 retail investors across the United States. The company, which holds exclusive third-party distribution rights for the Juan Valdez brand in the United States and Canada, has grown its retail distribution from zero to more than 1,000 locations within 12 months and targets more than 3,000 locations by year-end.

OpenAI Reportedly Secures Over $4 Billion For New Joint Venture The Deployment Company

By Amit Chowdhry ● May 5, 2026

OpenAI has secured more than $4 billion in capital for a new joint venture named The Deployment Company, designed to accelerate the corporate adoption of its artificial intelligence software, according to a Bloomberg report. The initiative drew participation from 19 investors including TPG, Brookfield Asset Management, Advent, and Bain Capital Specialty Finance, among others. SoftBank Group and Dragoneer Investment Group are also among the backers.

Sound Point Capital Leads $575 Million Financing To Support Greenbelt Capital Partners’ Acquisition Of Peak Utility Services

By Amit Chowdhry ● May 5, 2026

Sound Point Capital Management, a leading alternative credit manager with approximately $45 billion in assets under management, has served as Administrative Agent and Lead Arranger for a $575 million senior secured credit facility to support Greenbelt Capital Partners' acquisition of Peak Utility Services Group from ORIX Capital Partners. Headquartered in Broomfield, Colorado, Peak Utility Services Group is a leading provider of essential utility infrastructure services offering maintenance, repair, and upgrade solutions that support the safety, reliability, and modernization of electric, gas, and telecommunications networks across the United States.

THL Partners Closes $6.35 Billion Fund X

By Amit Chowdhry ● May 5, 2026

THL Partners, a premier private equity firm investing in middle-market growth companies, has announced the final close of THL Equity Fund X with $6.35 billion in investable capital. The fund received strong support from a diverse group of existing and new investors, including public and corporate pension funds, sovereign wealth funds, financial institutions, and family offices across North America, Latin America, Europe, Asia, Australia, and the Middle East.

Siemens Reaches $1 Billion In U.S. Manufacturing Investments

By Amit Chowdhry ● May 5, 2026

Siemens has announced it has reached $1 billion in domestic manufacturing investments over the past five years to support American industry, infrastructure, and transportation, with projects coming online throughout 2026 across multiple states. The investments span manufacturing facilities dedicated to electrical infrastructure for data centers and AI factories, passenger rail coaches, and critical power equipment, with sites in North Carolina, South Carolina, Fort Worth, Texas, Pomona, California, and additional locations across the Midwest and Northeast.

Cerberus Capital Management To Make Strategic Investment In S+S Industries

By Amit Chowdhry ● May 5, 2026

Cerberus Capital Management, a global alternative investment firm with approximately $70 billion in assets, has entered into a definitive agreement to make a strategic investment into S+S Industries, a leading provider of critical solutions and value-added services for data center infrastructure. The Andrews family, founders of S+S, will retain a significant ownership stake in the business, and President Greg Andrews will continue in his leadership role to support strategic growth initiatives and maintain continuity of the company's values and customer relationships.

ZyG Raises $60 Million Series A To Build The First Agentic Operating System For eCommerce Scale

By Amit Chowdhry ● May 5, 2026

ZyG, the eCommerce agentic operating system, has raised a $60 million Series A round led by Accel with participation from Felix Capital, Bessemer Venture Partners, and Lightspeed Venture Partners. Accel partner Sonali De Rycker will join the ZyG board of directors as part of the round. The company was founded by the founders of ironSource, which went public on the NYSE at an $11 billion valuation before merging with Unity, who partnered with three leading AI experts from one of Israel's top cyber units.

InstaSwitch Raises $4.7 Million And Launches Account Activation Infrastructure For Business Banking

By Amit Chowdhry ● May 5, 2026

InstaSwitch has launched what it describes as the first infrastructure platform purpose-built to convert opened business bank accounts into active primary relationships, announcing $4.7 million in seed funding alongside the launch. The round was led by Chicago Ventures with participation from 8-Bit Capital, Better Tomorrow Ventures, Panache Ventures, and fintech executives from Unit, Square, PayPal, and Plaid. Early customers include Arc, Relay Financial, and Lettuce Financial, as well as additional regional and community banks.

Blitzy: $200 Million At $1.4 Billion Valuation Raised To Advance Autonomous Software Development

By Amit Chowdhry ● May 5, 2026

Blitzy, the autonomous enterprise software development platform, has closed a $200 million funding round at a $1.4 billion valuation, marking one of the largest raises to date in the agentic coding category. The round was led by Northzone, with new investors including PSG, Battery Ventures, Jump Capital, Morgan Creek Digital, and Defiant, alongside continued support from Flybridge, Link Ventures, NFX, Picus Capital, and Venture Guides. Strategic investments came from Liberty Mutual Strategic Ventures, Erie Strategic Ventures, and BAL Ventures.

RadixArk Launches With $100 Million In Seed Funding To Democratize Frontier AI Infrastructure

By Amit Chowdhry ● May 5, 2026

RadixArk, an AI infrastructure company founded by the creators of the open-source inference engine SGLang, has launched with $100 million in seed funding at a $400 million post-money valuation. The round was led by Accel and co-led by Spark Capital, with participation from NVentures, Salience Capital, A&E Investments, HOF Capital, Walden Catalyst Ventures, AMD, LDV Partners, WTT Investment, and MediaTek. A broad group of angel investors joined the round, including the CEOs of Intel and Broadcom, the co-founder of xAI, and the co-founder of OpenAI.

Astrada Raises $3.8 Million To Build The Data Layer For Autonomous Finance

By Amit Chowdhry ● May 5, 2026

Astrada, a startup building real-time financial data infrastructure, has closed a $3.8 million seed funding round to accelerate its platform for AI-driven enterprise finance. The round was led by Bain Capital Ventures, QED Investors, and Nyca Partners, with strategic investments from Mastercard and follow-on participation from existing investor Visa. The San Francisco-based company launched in 2024 and has since processed more than $750 million in card spend and over three million transactions across all three major card networks through a single API.

QuantWare Raises $178 Million To Build World’s Most Powerful Quantum Processors At Industrial Scale

By Amit Chowdhry ● May 5, 2026

QuantWare, the industrial quantum processor company, has closed a $178 million Series B equity funding round to accelerate its VIO™ processor architecture and to fund the construction of KiloFab, the world's largest dedicated quantum open-architecture fabrication facility. The round marks the largest private funding round ever raised by a dedicated quantum processor company. New investors include Intel Capital, In-Q-Tel, and ETF Partners, joined by existing backers FORWARD.one, Invest-NL Deep Tech Fund, InnovationQuarter Capital, Ground State Ventures, and Graduate Ventures.

Nace.AI Secures $21.5 Million To Build Metamodel That Autonomously Runs Enterprise Workflows

By Amit Chowdhry ● May 5, 2026

Nace.AI has raised $21.5 million in seed funding to commercialize a platform where more than 100 specialized AI agents autonomously execute complex enterprise workflows, with human experts providing final validation. The round was led by Walden Catalyst with participation from General Catalyst and a group of institutional and angel investors. Alongside the announcement, the company is launching its product in research preview.

Moritz Raises $9 Million To Build An AI-Powered Law Firm For Complex Legal Matters

By Amit Chowdhry ● May 5, 2026

Moritz, formerly known as Arcline, has raised $9 million from Y Combinator, 20VC, Urban Innovation Fund, Inception Fund, and more than 20 unicorn founders to build what the company describes as the law firm users have always wanted — one capable of resolving complex legal matters in hours without unsustainable costs. The company's cap table includes the founders of Dropbox, Reddit, Instacart, Hugging Face, Superhuman, WorkOS, Runway, Mixpanel, Rappi, Scribd, Supermetrics, Privy, Optimizely, Product Hunt, and Google Photos, alongside current and former Y Combinator partners, Lenny Rachitsky, and operators from ElevenLabs, Lovable, and OpenAI.

Reduciner Raises €3.6 Million To Turn Captured Industrial Carbon Into Sustainable Fuels

By Amit Chowdhry ● May 5, 2026

Reduciner, a Finnish deep tech startup spun out of VTT Technical Research Centre of Finland, has raised €3.6 million in seed funding to commercialize a novel high-temperature technology that converts captured carbon dioxide into usable fuel and valuable industrial raw materials. The round includes equity investment from Voima Ventures, Lifeline Ventures, and Mikko Kodisoja Foundation, with VTT contributing the underlying technology and IP as an in-kind investment. Proceeds will fund the construction of a 1MW industrial-scale pilot facility in Finland.

MOTHER.Tech Raises $15 Million And Launches Degen, A One-Tap AI Creative App

By Amit Chowdhry ● May 5, 2026

MOTHER.Tech, an AI-native creative studio based in Brooklyn, has launched Degen, a mobile app that allows users to generate images, videos, memes, carousels, and text content in a single tap without prompt engineering, model management, or editing skills. The app is available on iOS and Android via invite code and is backed by Google Ventures, Lerer Hippeau Ventures, Box Group, and Shine Capital. The company has raised a total of $15 million, with the most recent investment coming in 2026.

Lithosquare Raises $25 Million In Seed Funding To Deploy Geology AI For Critical Metal Exploration

By Amit Chowdhry ● May 5, 2026

Lithosquare, a deep tech startup applying foundational AI to mineral exploration, has secured $25 million in seed funding to deploy its Geology AI platform globally. The round was led by World Fund with participation from Kindred Capital VC, daphni, Omnes, and OVNI Capital. The company has spent months operating alongside initial exploration partners to validate its technology in real-world geological settings before announcing the raise.

Datavault AI Prices $60 Million Common Stock Offering To Deploy Quantum-Ready GPU Edge Network

By Amit Chowdhry ● May 4, 2026

Datavault AI, a Philadelphia-based artificial intelligence and data infrastructure company traded on the Nasdaq under the ticker DVLT, has priced a registered direct offering of approximately 109 million shares of common stock at gross proceeds of $60 million before deducting offering expenses. The offering was led by several preeminent global investment managers alongside participation from existing shareholders, with Titan Partners, a division of American Capital Partners, acting as the sole placement agent.

LibreMax Capital: $285 Million Fund Launched For Asset-Backed Income Interval Fund

By Amit Chowdhry ● May 4, 2026

LibreMax Capital, an asset management firm specializing in securitized products and asset-backed finance, announced the launch of the LibreMax Asset-Backed Income Fund (LMIFX), its first interval fund designed to provide investors with access to private asset-backed finance and structured credit opportunities. The fund debuted with $285 million in capital commitments and aims to deliver attractive risk-adjusted returns alongside current income.

Smartness Raises €47 Million Raised For Lodging Industry Platform

By Amit Chowdhry ● May 4, 2026

Smartness, an agentic technology platform for the lodging industry, has raised €47 million in what the company describes as the largest-ever round in Italy for a Vertical AI company. The funding comes as Smartness pushes to redefine how hospitality operators engage with software, shifting the model from purchasing tools to purchasing outcomes.

A-Cube Secures €4 Million Round To Accelerate International Tax Compliance Platform

By Amit Chowdhry ● May 4, 2026

A-Cube, an Italian technology company specializing in automated digital tax compliance, has closed a €4 million funding round led by P101 SGR, one of Italy's leading venture capital firms. Sella Direct Ventures, a fintech-focused investor, also participated in the round and will make its global network available to the company. The capital will support A-Cube's expansion across key European markets, accelerate the development of its API-first platform, and fund integration of artificial intelligence models to enhance automation and predictive capability. The Milan-based company, founded in 2018, has processed more than 70 million invoices since 2019 and currently serves more than 450 customers across more than 10 countries.

Sowell Management Launches Advisor Partnership Program And Partners With Merchant For Growth Capital

By Amit Chowdhry ● May 4, 2026

Sowell Management, a leading registered investment advisor serving financial advisors and their clients nationwide with over $6.5 billion in client assets, has announced the launch of its Advisor Partnership Program and a strategic partnership with Merchant to fund the initiative and execute an ambitious M&A strategy. Financial terms were not disclosed.

Audax Private Debt Closes $1 Billion Private Credit Continuation Vehicle Led By Pantheon

By Amit Chowdhry ● May 4, 2026

Audax Private Debt, a leading provider of financing solutions for the middle market, has announced the closing of Audax Direct Lending Solutions Fund I CV, a $1.0 billion private credit continuation vehicle led by Pantheon, a leading global credit secondaries solutions investor.

Woodward Sports Names Co-Founder Joey Namou CEO Following Majority Stake Acquisition

By Amit Chowdhry ● May 4, 2026

Woodward Sports announced that co-founder Joey Namou has acquired a majority stake in the company in a seven-figure transaction and has been named Chief Executive Officer, marking a significant milestone for Detroit's leading digital sports media platform.

Reserv: $125 Million Series C Raised To Scale AI-Native Insurance Claims Platform

By Amit Chowdhry ● May 4, 2026

Reserv, the property and casualty insurance industry's largest AI-native third-party administrator, has raised $125 million in a Series C funding round led by KKR, with participation from existing investors Bain Capital Ventures and Flourish Ventures, as well as select strategic partners and clients.

Latus Bio: $97 Million Series A Raised To Advance Gene Therapy Platform Into Larger Patient Populations

By Amit Chowdhry ● May 4, 2026

Latus Bio, a biotechnology company engineering scalable gene therapies for broader patient populations, has closed a $97 million Series A financing, including a $43 million extension led by 8VC, with participation from existing investors DCVC Bio, BioAdvance, Benjamin Franklin Technology Partners, Modi Ventures, Gaingels, and Hatch BioFund, along with new investors Korea Development Bank and Helen's Pink Sky Foundation.