Venture Capital

The University Of Chicago Collaborating With Alchemist For New Accelerator

By Amit Chowdhry ● Jul 23, 2025

Alchemist Accelerator, an enterprise-focused startup accelerator, has teamed up with the University of Chicago’s Polsky Center for Entrepreneurship and Innovation to launch Alchemist Chicago. This new accelerator aims to bring scientific breakthroughs from the lab to market.

AstraZeneca: $50 Billion Investment Planned For U.S. Manufacturing And R&D

By Amit Chowdhry ● Jul 23, 2025

AstraZeneca announced a landmark $50 billion investment plan in the United States by 2030, a strategic move aimed at reinforcing America's global leadership in pharmaceutical manufacturing and research & development. This significant commitment is projected to create tens of thousands of new, highly skilled direct and indirect jobs nationwide, fueling economic growth while accelerating the delivery of next-generation medicines to patients in the U.S. and globally.

Cooler Heads: $11 Million Series A Raised For Scalp Cooling Technology To Help Chemotherapy Patients

By Amit Chowdhry ● Jul 23, 2025

Cooler Heads, a medical device company, has raised $11 million in an oversubscribed Series A funding round to expand the manufacturing of Amma, the only FDA-cleared Portable Scalp Cooling System. Led by Mutual Capital Partners, the round also included participation from SHD Partners, Crescent Ridge VC, and others.

Scrunch AI: $15 Million Raised For Improving AI Search

By Amit Chowdhry ● Jul 22, 2025

Scrunch AI, a company dedicated to helping brands understand and improve their presence in AI search, has announced a $15 million Series A funding round. The round was led by Decibel, with participation from Mayfield, Homebrew, and other strategic investors.

Brentwood Associates: $410 Million Continuation Fund Closed For Watermill Express Growth

By Amit Chowdhry ● Jul 22, 2025

Brentwood Associates has closed an oversubscribed single-asset continuation fund to support the growth of Watermill Express, a provider of affordable and safe drinking water and ice through self-service stations.

Goldman Sachs Launches Private Credit Collective Investment Trust

By Amit Chowdhry ● Jul 22, 2025

Goldman Sachs Asset Management has launched the Goldman Sachs Collective Trust – Private Credit Fund (GS Private Credit CIT). Managed by Goldman Sachs Asset Management, this fund is designed for defined contribution (DC) plans, offering access to private credit investments tailored for retirement portfolios.

Flexjet: $800 Million Equity Investment Raised For Private Aviation

By Amit Chowdhry ● Jul 22, 2025

Private aviation leader Flexjet has secured an $800 million investment from a group led by L Catterton, with support from KSL Capital Partners and the J. Safra Group. This historic investment aims to enhance the private jet experience.

Booz Allen: Venture Capital Commitment Tripled To $300 Million

By Amit Chowdhry ● Jul 22, 2025

Advanced technology firm Booz Allen Hamilton announced it is tripling its venture capital investment from $100 million to $300 million. Booz Allen Ventures plans to utilize this funding to support American innovation and develop new solutions by investing in early-stage tech companies poised to transform U.S. government missions. The firm anticipates making 20–25 new investments within the next five years.

Xelix: $160 Million Series B Raised For Advancing Agentic AI In Accounts Payable

By Amit Chowdhry ● Jul 22, 2025

Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, announced a $160 million Series B funding round led by Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will accelerate platform development and support more organizations in adopting AI for finance operations.

Nexxa.ai: $4.4 Million Pre-Seed Raised For Bringing Specialized AI To Heavy Industries

By Amit Chowdhry ● Jul 22, 2025

Nexxa.ai, an AI-native company focused on transforming the way industrial engineers operate in digital environments, announced a $4.4 million pre-seed funding round. The funding round was driven by a16z speedrun with participation from institutional investors Augment Ventures, Propeller Ventures, Plug and Play, Beat Ventures, SBI, Untapped Ventures, and Cross Atlantic Angels, as well as angel investors Rick Berry and Pat McCarthy, among others. The company was also selected for speedrun Badge 5, a16z's elite accelerator for AI startups.

Rune Technologies: $24 Million Series A Raised For Military Logistics Software

By Amit Chowdhry ● Jul 22, 2025

Rune Technologies is transforming military logistics with its AI-based software TyrOS, which was designed for the modern battlefield. The company recently secured $24 million in Series A funding, led by Human Capital, with contributions from Pax VC, Washington Harbour Partners, and existing investors like Andreessen Horowitz and Point72 Ventures.

DevvStream: $10 Million Initial Funding Raised For Launching Asset-Backed Digital Infrastructure

By Amit Chowdhry ● Jul 22, 2025

DevvStream, a leading carbon management company focusing on developing, investing in, and selling environmental assets, announced today that it has signed a securities purchase agreement for the issuance of up to $300 million in senior secured convertible notes. This move supports its strategic goal to create a blockchain-based treasury and launch a tokenization platform for sustainability-linked infrastructure.

50T: $500 Million Growth Equity Fund Closed

By Amit Chowdhry ● Jul 22, 2025

10T Holdings and 1RoundTable Partners (1RT), two leading growth equity funds in the Digital Asset Ecosystem (DAE), have announced their merger, resulting in the creation of a new brand: 50T. This rebranding reflects their prediction that the global digital asset ecosystem will reach a value of $50 trillion within the next decade.

Lerer Hippeau: Ron Zori Named As Venture Partner

By Amit Chowdhry ● Jul 22, 2025

Lerer Hippeau, a VC firm based in New York City that specializes in early-stage investments, announced the hiring of Ron Zori as Venture Partner—its first ever—for Fund IX. This $200 million fund, dedicated solely to early-stage startups, also celebrates 15 years of supporting early founders as their primary institutional partner.

Peachtree: $250 Million Special Situations Fund Launched To Capitalize On Hotel Market Dislocation

By Amit Chowdhry ● Jul 22, 2025

Peachtree Group has announced the launch of the $250 million Peachtree Special Situations Fund, designed to unlock value in underperforming hotel and commercial real estate assets affected by market illiquidity. This initiative comes at a time when nearly $1 trillion in loans are set to mature in 2025, alongside significant refinancing needs in the hotel sector.

Alix: $20 Million Series A Closed For Transforming Estate Settlement

By Amit Chowdhry ● Jul 22, 2025

Alix, a wealth transfer platform, has announced a successful $20 million Series A funding round, led by Acrew Capital, with participation from Charles Schwab and Edward Jones Ventures. Existing investors, including Initialized Capital, Scribble, Magnify, Ziegler Link•age Funds, and Cameron Ventures, also contributed to the oversubscribed funding round. With this latest investment, Alix has raised a total of $30.65 million.

Cerus Secures More DoD Funding To Improve Trauma Hemorrhage Care

By Amit Chowdhry ● Jul 22, 2025

Cerus has announced an extra $7.2 million contract amendment from the U.S. Department of Defense (DoD) for the development of lyophilized Pathogen Reduced, Cryoprecipitated Fibrinogen Complex (also known as INTERCEPT Fibrinogen Complex, or IFC, and, in its lyophilized form, LyoIFC) to help control bleeding from trauma. This additional funding complements the roughly $18 million already allocated in Cerus’ contract with the DoD, aimed at creating a manufacturing process to produce a room-temperature, shelf-stable LyoIFC for use in remote military settings with limited or no refrigeration, enhancing care for both military and civilian trauma patients.

XNRGY: Investment Raised From Activate Capital To Boost Data Center Cooling Innovation

By Amit Chowdhry ● Jul 22, 2025

Activate Capital and XNRGY Climate Systems announced that Activate has made a strategic investment in XNRGY, a leading North American manufacturer of sustainable air handling and liquid cooling technologies. The investment will support the company's continued growth, expand its domestic manufacturing presence, and accelerate the delivery of next-generation cooling solutions for data centers and other mission-critical infrastructure.

Omega Funds: $647 Million Fund VIII Closed To Invest In Life Science Companies

By Amit Chowdhry ● Jul 22, 2025

Global healthcare venture capital firm Omega Funds has closed its eighth fund at $647 million, surpassing its initial target of $600 million. The oversubscribed Omega Fund VIII, L.P., received backing from both new and existing investors. It will continue to invest in innovative life sciences companies in the U.S. and Europe that address critical medical needs.

Fortuna Health: $18 Million Raised For Consumer Medicaid Navigation Platform

By Amit Chowdhry ● Jul 22, 2025

Fortuna Health, a leading platform for consumer Medicaid navigation, has secured $18 million in Series A funding, led by Andreessen Horowitz with additional participation from Y Combinator and several industry leaders. This funding will enhance Fortuna's AI-driven workflows, support its expansion into new states, and scale infrastructure to meet rising demand from health systems and managed care plans.

Pacific Equity Group: A$370 Million Raised For Remote Energy Platform

By Amit Chowdhry ● Jul 22, 2025

Barings, a global asset management firm, has co-led an A$370 million equity raise with Queensland Investment Corporation (QIC) for Pacific Energy Group (PEG), Australia's largest remote energy platform. This significant funding empowers PEG to execute its long-term investment plans and capitalize on strong customer demand.

Qlub: Dubai-Based Dining Payments Company Raises $30 Million

By Amit Chowdhry ● Jul 21, 2025

Qlub, an innovative dining payments platform headquartered in Dubai, has proudly announced the closure of a substantial funding round amounting to $30 million. This round was co-led by prominent venture capital firms Shorooq Partners and Cherry Ventures, both of which are known for backing transformative startups. The funding also saw noteworthy contributions from influential strategic investors, including Mubadala Investment Company (a player in the UAE’s investment landscape), e& (a leading telecommunications company), and Legend Capital (an investment firm based in China).

Etraveli: KKR Acquires Minority Stake

By Amit Chowdhry ● Jul 21, 2025

CVC Capital Partners has announced that KKR will acquire a significant minority stake in the global travel technology firm Etraveli Group. This partnership positions Etraveli for growth and reinforces its status as the world’s largest flight intermediary and fulfillment company outside of China.

Monetary Authority Of Singapore Appoints First Batch Of S$5 Billion Asset Managers

By Amit Chowdhry ● Jul 21, 2025

The Monetary Authority of Singapore (MAS) has unveiled the selection of the first asset managers participating in the ambitious S$5 billion Equity Market Development Programme (EQDP). This strategic initiative aims to strengthen Singapore's equity market and foster its growth. In this initial phase, MAS, in partnership with the Financial Sector Development Fund (FSDF), will allocate S$1.1 billion to these chosen asset managers, providing them with vital resources to enhance their investment strategies.

CurTec: Acquisition By Ampersand Capital Partners

By Amit Chowdhry ● Jul 21, 2025

Ampersand Capital Partners, a private equity firm focused on growth equity investments in life sciences and healthcare, has acquired CurTec, a Netherlands-based manufacturer of high-performance plastic packaging for pharmaceutical and specialty chemical applications. This acquisition was made in collaboration with Bencis Capital Partners and CurTec's management.

Sunsave: £113 Million Series A Raised For Making Solar Panels And Battery Storage Accessible

By Amit Chowdhry ● Jul 21, 2025

Sunsave is a UK-based energy startup that aims to make solar panels and battery storage accessible and affordable for UK households. The company’s primary offering is a unique solar power subscription service, known as Sunsave Plus, which removes the significant upfront costs typically associated with installing solar systems. Sunsave recently raised £113 million in new funding.

Blue Owl Capital: $850 Million Secured For Private Offering Of Alternative Credit Fund

By Amit Chowdhry ● Jul 21, 2025

Blue Owl Capital announced the final close of the private offering of an alternative credit fund, securing $850 million in capital commitments from a diverse client base across its global private wealth channel.

Pollen Street Capital: €2 Billion Raised To Bolster European Investments

By Amit Chowdhry ● Jul 21, 2025

Pollen Street Capital is a leading alternative asset manager based in London, UK. The firm was founded in 2013 and specializes in investing within the financial and business services sectors across Europe. Pollen Street Capital announced that it has secured €2 billion in new capital, which was raised across its new flagship fund, Private Equity Fund V, and an additional co-investment vehicle.

Radical AI: $55 Million Series Seed+ Raised For Advancing Materials Research

By Amit Chowdhry ● Jul 21, 2025

Radical AI is a company focused on transforming materials science and advanced manufacturing through the power of artificial intelligence. Its core mission is to dramatically accelerate the discovery, development, and production of new materials, which has traditionally been a slow and resource-intensive process. The company announced a $55 million Series Seed+ funding round led by RTX Ventures, with participation from NVentures (NVIDIA's VC arm), Noa, Infinite Capital, Eni, AlleyCorp, and others.

Auxxo: €26 Million First Closing Of Female Catalyst Fund II Completed

By Amit Chowdhry ● Jul 21, 2025

Auxxo has announced a significant milestone: the first closing of the Auxxo Female Catalyst Fund II at €26 million, with the European Investment Fund (EIF) joining as an anchor investor. Other significant investors, including Aurum Impact, Cherry Ventures, Speedinvest, various family offices, business angels, and founders from across Europe, also joined.