Venture Capital

San Francisco Equity Partners Buying Majority Stake In Formula Corp

By Amit Chowdhry ● Mar 1, 2025

San Francisco Equity Partners (SFEP), a private equity firm focused on partnering with expansion-stage companies across the consumer value chain, announced that it has acquired a majority stake in Formula Corp, a leading formulator and contract manufacturer of cleaning products. The terms of the deal were not disclosed. Formula Corp co-founders Chas Werner and Alan Gangl will continue to be shareholders of the company.

Principal: $3.64 Billion Raised For Data Center Growth & Income Fund

By Amit Chowdhry ● Feb 28, 2025

Principal Asset Management, the investment management unit of Principal Financial Group, reached the final investor close on February 28 for its Principal Data Center Growth & Income Fund, which is dedicated to developing a portfolio of hyperscale data center projects across the US. The fund raised $3.64 billion, well over the target of a diverse global investor base. This is the third discretionary data center-focused vehicle by Principal.

FairPlay: $10 Million Funding Raised For Fairness-As-A-Service Platform

By Amit Chowdhry ● Feb 28, 2025

FairPlay, which is a Fairness-as-a-Service company, announced a $10 million investment from Infinity Ventures, JPMorganChase, and Nyca Partners. This funding comes as FairPlay reports a threefold increase in business in 2024, demonstrating robust market demand for its AI safety solutions.

Loyal: $22 Million (Series B-2) Raised For Clinical-Stage Animal Health Platform

By Amit Chowdhry ● Feb 28, 2025

Loyal, a clinical-stage animal health company developing longevity drugs for dogs, announced that the FDA’s Center for Veterinary Medicine has accepted the Reasonable Expectation of Effectiveness (RXE) section of its conditional approval application for LOY-002. The company also revealed it has raised a $22 million B-2 round from Valor Equity Partners and Collaborative Fund, and others, in addition to its $45 million Series B in 2024.

Koala: $15 Million (Series A) Raised For GTM Engine

By Amit Chowdhry ● Feb 28, 2025

Koala, which is the rep-first GTM engine turning your best sales signals into plays, announced the closing of its $15 million Series A funding round, bringing total funding to $20 million, including an earlier seed round. The round was led by CRV, with participation from HubSpot Ventures, Recall Capital, and Afore.

VRIFY: $12.5 Million (Series B) Secured For Advancing AI-Assisted Mineral Discovery Platform

By Amit Chowdhry ● Feb 28, 2025

VRIFY Technology, a technology company combining advanced AI with deep industry expertise to transform how minerals are found, announced it has raised C$12.5 million in Series B funding. Led by venture capital firm LGVP, with continued support from Series A funders RCF Innovation and Beedie Capital. This round brings VRIFY's total funding to over C$30 million.

Regie.ai: $30 Million (Series B) Raised For AI-Based Sales Strategies

By Amit Chowdhry ● Feb 28, 2025

Regie.ai, a platform transforming sales prospecting in the age of AI, announced it has raised $30 million in Series B funding, co-led by Scale Venture Partners and Foundation Capital, with participation from Khosla Ventures, StepStone Group, TriplePoint Capital, and South Park Commons.

STAX Engineering: $70 Million Raised For Maritime Emissions Capture And Control

By Amit Chowdhry ● Feb 28, 2025

STAX Engineering, a leader in maritime emissions capture and control, announced $70 million in funding led by Firstime Credit and Deutsche Bank Private Credit & Infrastructure. It also launched new carbon capture trials with Seabound, a leader in onboard carbon capture technology.