Venture Capital

India-Based PE Firm Multiples Acquires Controlling Stake Of QBurst For $200 Million

By Amit Chowdhry ● Feb 17, 2025

Multiples Alternate Asset Management and its co-investors announced it signed definitive documents to acquire a controlling stake in a high-growth digital product engineering platform QBurst. This deal, with an investment of $200 million, marks Multiples' most significant control investment in technology services.

Kodesage: $2.3 Million (Pre-Seed) Raised To Update Enterprise IT Systems

By Amit Chowdhry ● Feb 17, 2025

Kodesage, a company specializing in AI-based solutions for legacy software modernization, announced it has raised €2.3 million in pre-seed funding led by PortfoLion Capital Partners and with participation from prominent angel investors, including former UiPath executives.

Output Sports: $4.8 Million Raised For Making Elite Sports Science Simpler

By Amit Chowdhry ● Feb 17, 2025

Output Sports, an Irish sports technology company that is focused on making elite-level sports science simple and scalable, announced that it has closed a $4.8 million (€4.61 million) pre-A funding round. This funding round round brings in new support from athlete-led Apex Capital, Uni.Fund, and Dopamine Sports. The funding also included existing investors Elkstone, Atlantic Bridge, and Enterprise Ireland. This financing also features a number of angel investors, including Jim Kelliher.

Lingopal.ai: $14 Million (Series A) Raised For Speech-To-Speech Translation Platform

By Amit Chowdhry ● Feb 17, 2025

Lingopal.ai, a real-time speech-to-speech translation leader, announced it raised $14 million in an oversubscribed Series A funding round led by global venture capital firm DCM Ventures, with participation from Scrum Ventures, Marquee Ventures, and prominent angel investors across multiple sectors.

IMB Partners: $125 Million Raised For Inaugural Investment Fund

By Amit Chowdhry ● Feb 17, 2025

IMB Partners, a private investment firm based in Bethesda, Maryland, announced the final close of its inaugural institutional fund IMB Partners SBIC I. SBIC Fund I closed with a total committed capital of $125.5 million, exceeding its original target of $100 million.

Klook: $100 Million Raised To Advance Travel Experience Growth

By Amit Chowdhry ● Feb 17, 2025

Klook, a leading platform for experiences and travel services in Asia, announced $100 million in funding led by the global growth investment firm Vitruvian Partners. The latest funding round validates continued confidence in Klook’s vision, market leadership, and operational excellence as the company accelerates its efforts to capture the fast-growing market of next-generation travelers and deepen its reach across the Asia Pacific.

Levee Medical: $10 Million (Series B) Raised To Improve Outcomes For Prostate Cancer Surgery Patients

By Amit Chowdhry ● Feb 17, 2025

Levee Medical, a medical device company focused on improving outcomes for prostate cancer surgery patients, announced the closing of its Series B funding, totaling over $14 million including note conversions.

Northrim Horizon: Fund III Closed At $235 Million

By Amit Chowdhry ● Feb 17, 2025

Northrim Horizon, a permanent capital investment firm, announced the closing of Northrim Horizon Fund III, L.P., with a total committed capital of $235 million (the hard cap). Raised over five months, Fund III was oversubscribed with commitments from leading global investors, including insurance companies, endowments, fund-of-funds, and family offices.

Pinkfish AI: $7.6 Million (Pre-Seed) Raised To Help Enterprises Automate at Scale

By Amit Chowdhry ● Feb 17, 2025

Pinkfish AI, a pioneer of Generative Automation, announced it launched a platform that radically changes how enterprises create and manage automation. The company also announced closing a $7.6 million pre-seed funding round led by Norwest Venture Partners. And Storm Ventures and angel investors joined the round. Norwest Partner Scott Beechuk will join the board of directors.

RMH Systems Raises Funding From Rotunda Capital

By Amit Chowdhry ● Feb 17, 2025

Rotunda Capital Partners announced it invested in RMH Systems, a material handling, packaging, and automation solutions provider. This partnership—formed in collaboration with the Howard family and existing leadership—positions RMH for accelerated growth and expanded market reach.

Excelestar Ventures: Interview With Tasneem Dohadwala About The Future Of VC Investments

By Amit Chowdhry ● Feb 17, 2025

Excelestar Ventures helps portfolio companies produce growth and sustainable profits with a long-term perspective. Pulse 2.0 interviewed Excelestar Ventures Founding Partner Tasneem Dohadwala to learn her thoughts on the future of VC investments.

Kodiak Hub: $6 Million Raised For AI-Based Supplier Relationship Management Platform

By Amit Chowdhry ● Feb 17, 2025

Kodiak Hub, an AI-based supplier relationship management (SRM) platform, announced a strategic expansion into the U.S. market. Backed with a $6 million investment from Oxx, this move positions Kodiak Hub to help U.S. companies build resilient and sustainable supply chains amid growing pressure from regulatory changes, emerging tariffs, and increasing demands for supply chain transparency.

Tines: $125 Million (Series C) Raised At $1.125 Billion Valuation For AI-Based Workflows

By Amit Chowdhry ● Feb 17, 2025

AI-based workflows Tines announced $125 million in Series C financing, valuing the company at $1.125 billion. The funding round was led by Growth Equity at Goldman Sachs Alternatives with participation from new investors SoftBank Vision Fund 2 and Activant and existing investors Accel, Felicis, CrowdStrike Falcon Fund, and Addition.

Pickleheads: $2.5 Million (Seed) Secured To Elevate Pickleball On-Court Experience

By Amit Chowdhry ● Feb 17, 2025

Pickleheads, a leading platform for pickleball players to connect and organize games, announced the closing of a $2.5 million seed round. This seed round was led by Overline, an Atlanta-based VC, with participation from Ardent, Oregon Sports Angels, Profluence Capital, Service Provider Capital, and Network Ventures.

Comulate: $20 Million (Series B) Raised To Utilize AI For Transforming The Insurance Industry

By Amit Chowdhry ● Feb 17, 2025

Comulate, a company utilizing AI to transform the insurance industry, announced a $20 million Series B funding round led by BOND and Workday Ventures, marking a major expansion of its vision to transform the insurance back office.

Arcube: University Of Manchester Startup Raises $1.5 Million (Seed)

By Amit Chowdhry ● Feb 16, 2025

Arcube, a Manchester, UK-based startup looking to transform the airline industry, announced it has raised a $1.5 million seed round co-led by Fuel Ventures and Oxford Capital Partners. And notable investors include the Chairman and former CEO of Pegasus Airlines and the founders of PointsYeah.com.

Datalign: $9 Million (Seed) Raised At $75 Million Valuation To Advance Financial Advisory Solutions Platform

By Amit Chowdhry ● Feb 16, 2025

Datalign Advisory, an AI-based platform that matches consumers with leading financial advisors, today announced that Link Ventures invested $5 million in Datalign, bringing the total investment to $9 million on a post-money valuation of $75 million.

Sintavia: $10 Million Subordinated Debt Investment Raised

By Amit Chowdhry ● Feb 16, 2025

Sintavia, a leading all-digital aerospace component manufacturer, announced that it raised a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund. The capital from this investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and offer general working capital for the business. Additional terms of the transaction were not disclosed.

Alexi: C$4.5 Million Raised For AI Litigation Platform

By Amit Chowdhry ● Feb 16, 2025

Alexi, a leading AI litigation platform, announced a C$4.5 million debt facility from TD Innovation Partners (TDIP). This new financing, which adds to its $15 million Series A in 2024, led by Drive Capital, will fuel Alexi’s continued growth, drive product innovation, and continue its mission of providing the legal community with cutting-edge AI tools.

Oaktree Capital: Opportunities Fund XII Closed At $16 Billion

By Amit Chowdhry ● Feb 16, 2025

Oaktree Capital Management announced the final closing of Oaktree Opportunities Fund XII (Opps XII), with about $16 billion of commitments, including co-investment and affiliated vehicles.

Stellaromics: $80 Million (Series B) Raised For Advancing 3D Spatial Biology

By Amit Chowdhry ● Feb 16, 2025

Stellaromics, a pioneer in 3D spatial biology spun out of the laboratories of Karl Deisseroth (Stanford University) and Xiao Wang (MIT and Broad Institute), announced a Series B funding round of $80 million. The funding round, led by Catalyst4 with participation from Stanford University Ventures, will support the development and commercialization of Pyxa, Stellaromics' groundbreaking 3D spatial biology platform.

PHȲND: $10 Million (Seed) Raised For Advancing Smart TV Gaming Platform

By Amit Chowdhry ● Feb 16, 2025

PHȲND, a subscription-free cloud gaming platform, announced it has secured a $10 million seed round led by Wellington Management. The oversubscribed round also saw participation from Bessemer Venture Partners, Connecticut Innovations Fund, and Jozy Altidore.

The University Of Akron: Faculty Members Awarded Nearly $5.5 Million

By Amit Chowdhry ● Feb 15, 2025

The transformational potential of energy research projects proposed by two University of Akron (UA) College of Engineering and Polymer Science faculty members was recognized by the U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E). And the two researchers will be awarded grants totaling nearly $5.5 million to support this work in the development of ambitious technologies that advance America’s energy future as part of the DOE’s Vision OPEN program.

VoiceCare AI: $3.85 Million (Seed) Raised To Automate Healthcare Back Offices

By Amit Chowdhry ● Feb 15, 2025

VoiceCare AI, a healthcare administration general intelligence (HAGI) company, announced plans for automating back-office conversations and super-staffing the workforce through the application of generative AI. With $3.85 million in funding led by Caduceus Capital Partners and participation from Bread and Butter Ventures, VoiceCare AI aims to improve access, adherence, and outcomes for patients and the healthcare workforce, putting the focus back on patient engagement.

BEKhealth: $4 Million Raised For Chart Abstraction And Patient-Matching Platform

By Amit Chowdhry ● Feb 15, 2025

BEKhealth, an AI-based chart abstraction and patient-matching platform company, announced it raised $4 million to support its continued growth. This latest funding round was co-led by Hatteras Venture Partners and Boston Millennia Partners with participation from existing investors Excelerate Health Ventures, Martin Ventures; and new investors RTI International and WakeMed Innovation Fund.

Apptronik: $350 Million Raised For Scaling AI-Based Humanoid Robots

By Amit Chowdhry ● Feb 15, 2025

Apptronik, an AI-based humanoid robotics company, announced the closing of a $350 million Series A funding round co-led by B Capital and Capital Factory, with participation from Google.

Invesco: Private Credit Platform Closes $1.4 Billion For Direct Lending Strategy

By Amit Chowdhry ● Feb 15, 2025

Invesco Private Credit, a leading global private credit platform of Invesco, announced the closing of its flagship Invesco Direct Lending Fund II. Together with similar vehicles, this fund totals $1.4 billion of investable capital.

Liberty Company: $100 Million Strategic Funding Closed

By Amit Chowdhry ● Feb 15, 2025

Liberty Company Insurance Brokers, one of America's fastest-growing privately held insurance brokerages, announced the $100 million upsizing of its syndicated credit facility, led by JPMorgan Chase. This capital marks another significant step in Liberty's ongoing growth, building on the momentum of its August 2023 $340 million credit facility offering.

Hydrostor: $200 Million Raised For Long-Duration Energy Storage Platform

By Amit Chowdhry ● Feb 15, 2025

Hydrostor, a global long-duration energy storage (LDES) developer and operator, has secured a $200 million investment from the Canada Growth Fund (CGF), Goldman Sachs Alternatives, and Canada Pension Plan Investment Board (CPP Investments). The deal will support Hydrostor’s continued investment in Advanced Compressed Air Energy Storage (A-CAES) projects in Canada and worldwide.

Rocket Youth: Over $100 Million Raised For Enrichment Platform

By Amit Chowdhry ● Feb 14, 2025

Rocket Youth—one of the fast-growing youth enrichment platforms that partners with local educators, coaches, and child development professionals to scale their businesses—announced that it had raised over $100 million in backing, led by sports industry veterans Maverick Carter and Daniel Sillman and partner and build-focused investment vehicle ZBS Partners.