Venture Capital

WhiteHawk Capital Partners Closes $390 Million Refinancing For The Star Entertainment Group

By Amit Chowdhry ● Jun 2, 2026

WhiteHawk Capital Partners, a private credit investment manager focused on asset-based financing solutions, announced the closing of a US$390 million senior secured financing for The Star Entertainment Group. The transaction provides additional liquidity to The Star while refinancing certain existing debt obligations.

Blackstone Raises $13.1 Billion For Largest Asia Private Equity Fund

By Amit Chowdhry ● Jun 2, 2026

Blackstone announced the final close of Blackstone Capital Partners Asia III (BCP Asia III) at $13.1 billion, surpassing its $10 billion target and becoming the firm's largest private equity fundraise in Asia. The fund was oversubscribed, reached its hard cap, and raised more than double the capital of its predecessor vehicle.

IQM Raises $146 Million PIPE Ahead Of Public Listing Through SPAC Merger

By Amit Chowdhry ● Jun 2, 2026

IQM Finland Oy, a global leader in full-stack superconducting quantum computers, announced that it has increased commitments to its PIPE financing to more than $146 million in connection with its planned business combination with Real Asset Acquisition Corp.

Blue Cloud Ventures Closes Fifth Fund And Expands AI-Focused Investment Strategy

By Amit Chowdhry ● Jun 2, 2026

Blue Cloud Ventures (BCV), a venture growth firm focused on enterprise software companies, announced the final close of its fifth fund, Blue Cloud Ventures V (BCV V), bringing the firm's assets under management to more than $1 billion. The new fund reinforces BCV’s commitment to investing in enterprise software businesses positioned to benefit from the rapid adoption of artificial intelligence.

Ilant Health Raises $15 Million Series A To Expand AI-Enabled, Value-Based Obesity Care

By Amit Chowdhry ● Jun 2, 2026

Ilant Health, a value-based obesity treatment company that works with employers and health plans to improve clinical outcomes while reducing the total cost of care, announced that it has raised $15 million in Series A funding. The financing brings the company’s total funding to more than $22 million to date.

Contraline Raises $92.5 Million Series B To Advance Male Contraceptive NES/T Gel Into Late-Stage Development

By Amit Chowdhry ● Jun 2, 2026

Contraline, a clinical-stage biopharmaceutical company developing novel male contraceptives, announced the closing of a $92.5 million Series B financing round. The financing was co-led by BVF Partners L.P. and RA Capital Management, with participation from GV, Lumira Ventures, Invus, and other new and existing investors.

Subtle Medical Raises $33 Million Growth Financing Led By Morgan Stanley Expansion Capital

By Amit Chowdhry ● Jun 2, 2026

Subtle Medical, an AI-powered medical imaging software company, announced a $33 million growth financing round led by Morgan Stanley Expansion Capital, the growth investment platform of Morgan Stanley Investment Management. The round also included participation from Shinhan Venture Investment and existing investors Fusion Fund, EnvisionX, BRV, and Samsung Ventures, bringing the company’s total funding to $86 million.

The Ryl Company Raises $20 Million Series C To Accelerate Growth In Modern Tea Category

By Amit Chowdhry ● Jun 2, 2026

The Ryl Company, the parent company of fast-growing iced tea brand Ryl Tea, announced the closing of a $20 million Series C growth equity financing round led by Purchase Capital through its Ryl Growth Partners SPV. The funding will support the company’s next phase of expansion, including broader retail and Direct Store Delivery (DSD) distribution, new product innovation, and investments across operations, sales, and brand-building efforts.

Phosio Raises $4 Million Seed Round To Advance Affordable AR/AI Glasses

By Amit Chowdhry ● Jun 2, 2026

Phosio announced the closing of a $4 million seed financing round to accelerate commercialization of its thin-film materials platform for next-generation AR/AI glasses. The round was led by MESH, with participation from Sierra Ventures, TEL Venture Capital, Silicon Catalyst Ventures, Willamette Valley Capital, and Silicon Catalyst Angels.

B&G Foods Announces Proposed $475 Million Senior Notes Offering Due 2031

By Amit Chowdhry ● Jun 2, 2026

B&G Foods announced its intention to offer $475 million in aggregate principal amount of senior notes due 2031 in a private transaction exempt from registration under the Securities Act of 1933. The senior notes will be guaranteed on a senior unsecured basis by certain domestic subsidiaries of the company.

Columbia Distributing Announces Strategic Investment In Hayden Beverage To Expand Pacific Northwest Platform

By Amit Chowdhry ● Jun 2, 2026

Columbia Distributing announced that it has entered into a letter of intent (LOI) to acquire a stake in Hayden Beverage Company, a family-owned beverage distributor based in Idaho. The proposed investment is designed to expand the companies' Pacific Northwest beverage platform across Alaska, Idaho, Oregon, and Washington.

One Roof Sports And Entertainment Adds Melinda French Gates As Minority Investor

By Amit Chowdhry ● Jun 2, 2026

One Roof Sports and Entertainment, the parent organization of the Seattle Kraken and Climate Pledge Arena, announced that philanthropist and businesswoman Melinda French Gates will join the organization as its newest minority investor, pending NHL approval.

Waypoint Bio Raises $20 Million Series A To Advance AI-Designed Cell Therapies Toward The Clinic

By Amit Chowdhry ● Jun 2, 2026

Waypoint Bio, an AI-native biotechnology company focused on developing next-generation CAR T therapies for solid tumors using spatial biology and artificial intelligence, announced the closing of a $20 million Series A financing round. The funding round was led by Amplify Partners. Additional participation came from General Catalyst, Time BioVentures, Mitsui Global Investments, Lux Capital, and existing investor Hummingbird Ventures. As part of the financing, Amplify Partners Partner Elliot Hershberg will join Waypoint Bio’s board of directors.

SignalPlus Raises $50 Million At $500 Million Valuation To Expand Trading Infrastructure And Launch AI-Powered Platform

By Amit Chowdhry ● Jun 2, 2026

SignalPlus, a Hong Kong-based provider of institutional digital asset options and derivatives trading infrastructure, announced the closing of a $50 million Series B1 funding round at a post-money valuation of $500 million. The round was led by HashKey Capital, with follow-on participation from BlockBooster and AppWorks. Goldman Sachs served as the sole financial advisor on the transaction.

Maxwell Power Raises $750 Million To Finance Battery Storage And Solar Power Projects

By Amit Chowdhry ● Jun 2, 2026

Maxwell Power announced the closing of a $750 million investment commitment from Fairtide Partners to finance battery storage and solar power projects. The new commitment increases Fairtide's total investment commitment to more than $1 billion for projects developed by Maxwell.

Venture Global LNG: $2.25 Billion Senior Secured Notes Offering Announced

By Amit Chowdhry ● Jun 2, 2026

Venture Global announced that its wholly owned subsidiary, Venture Global LNG, intends to offer $2.25 billion in aggregate principal amount of senior secured notes due 2034 and 2036 through a private offering to qualified institutional buyers under Rule 144A of the Securities Act.

Veritas Aortic Solutions Raises $12 Million To Advance Non-Surgical Treatment For Aortic Root And Ascending Aortic Diseases

By Amit Chowdhry ● Jun 2, 2026

Veritas Aortic Solutions, a medical device company spun out of inQB8 Medical Technologies, announced the closing of a $12 million seed financing round to support the development of its Veritas Transcatheter Valved Aortic Root Conduit (TVARC), a non-surgical treatment designed for patients with aortic root and ascending aortic diseases.

CardsHQ Raises Strategic Growth Investment And Merges With Sports Card Investor

By Amit Chowdhry ● Jun 2, 2026

CardsHQ and Sports Card Investor announced a strategic growth investment led by Shamrock Capital, with participation from EnOne Ventures, and revealed that the two businesses will combine under the CardsHQ brand. The transaction creates what the company describes as the largest commerce, media, and technology platform focused on the sports card and trading card game (TCG) ecosystem.

Laverock Therapeutics Awarded Over £2.2 Million To Advance AI-Based Gene-Control Platform

By Amit Chowdhry ● Jun 2, 2026

Laverock Therapeutics, a biotechnology company developing disease-responsive advanced therapies through its programmable gene-control technology, announced that it has been awarded two innovation grants totaling more than £2.2 million. The non-dilutive funding will support the next generation of the company’s gene-control platform and help expand its therapeutic pipeline into areas beyond oncology.

TIC Solutions Reprices $1.6 Billion First Lien Term Loan, Cuts Interest Costs

By Amit Chowdhry ● Jun 2, 2026

TIC Solutions announced that it has successfully completed the repricing of its approximately $1.6 billion First Lien Term Loan, lowering its borrowing costs while maintaining the existing maturity schedule and key credit agreement terms.

Liberty Puerto Rico Raises $200 Million And Enters New Revolving Credit Facility

By Amit Chowdhry ● Jun 2, 2026

Liberty Latin America announced that its Liberty Puerto Rico subsidiary has entered into two new financing agreements through existing unrestricted subsidiaries that are parties to its senior secured term loan credit facility maturing in 2030.

System1: Debt Exchange Transaction Cuts Total Debt By More Than $160 Million

By Amit Chowdhry ● Jun 2, 2026

System1 announced a comprehensive debt exchange transaction with all of its existing term loan and revolving credit facility lenders, significantly strengthening its balance sheet, reducing total indebtedness, and extending debt maturities through 2031.

Dropbox: $900 Million Stock Repurchase Program Authorized Following New $400 Million Credit Facility

By Amit Chowdhry ● Jun 2, 2026

Dropbox announced that it has entered into a new senior secured revolving credit facility that provides up to $400 million in borrowing capacity, while also authorizing a new $900 million share repurchase program.

Isabella Ghassemi-Smith: An Interview With The Head Of Aurora Ventures and the Aurora Tech Award

By Amit Chowdhry ● Jun 2, 2026

Isabella (Bella) Ghassemi-Smith is a venture capital leader and ecosystem builder who heads Aurora Ventures and the Aurora Tech Award, initiatives backed by inDrive that support and invest in women entrepreneurs in emerging markets. Pulse 2.0 interviewed Ghassemi-Smith to learn more.

AtlasEdge Raises €1.2 Billion To Accelerate European Data Center Expansion

By Amit Chowdhry ● Jun 2, 2026

AtlasEdge announced that it has secured a €1.2 billion financing facility, the largest financing in the company's history, to support the expansion of its data center platform across Europe. The funding is intended to accelerate development in high-growth digital infrastructure markets, including Germany, Austria, and the Iberian region.

Happy Money Crosses $7 Billion In Loan Originations And Appoints Tim Parsons As Chief Risk & Analytics Officer

By Amit Chowdhry ● Jun 2, 2026

Happy Money, a consumer finance company focused on helping borrowers achieve their financial goals, announced that it has surpassed $7 billion in cumulative loan originations. The company said it has helped more than 350,000 Americans pay down credit card debt while saving an estimated $1 billion in interest. Alongside this milestone, Happy Money appointed Tim Parsons as Chief Risk & Analytics Officer to support its next phase of growth.

Municipal Data & Power Launches $4 Billion National RFP For Inaugural Harvest Grid & Power Site

By Amit Chowdhry ● Jun 2, 2026

Municipal Data & Power (MDP) announced the launch of a national request for proposals (RFP) inviting cities, counties, and states across the United States to compete to host its planned $4 billion inaugural Harvest Grid & Power Site infrastructure development project.

GPGPT: AI Platform Launches For Venture Capital And Private Equity Investors

By Amit Chowdhry ● Jun 2, 2026

GPGPT announced the general availability of its AI platform purpose-built for venture capital and private equity professionals. Designed specifically for private-market investing workflows, the platform helps investors analyze deals, prepare investment memos, monitor portfolio companies, and leverage firm-specific knowledge and documents to support investment decisions.

Elbit Systems: $350 Million Contract Awarded For Main Battle Tank Upgrades

By Amit Chowdhry ● Jun 2, 2026

Elbit Systems announced it has been awarded a contract valued at approximately $350 million by an international customer to deliver upgrades to Main Battle Tanks (MBTs). The contract will be performed over a four-year period.

Picogrid Raises $45 Million Series A To Build Open Integration Layer For Modern Defense

By Amit Chowdhry ● Jun 2, 2026

Picogrid, a defense technology company building an open integration layer for modern military systems, announced the closing of a $45 million Series A funding round led by Bessemer Venture Partners. The round also included participation from Washington Harbour, GSBackers, and existing investors Initialized Capital, Starburst Ventures, Credo Ventures, Giant Step Capital, and Alumni Ventures.