Moonshot AI, the Chinese artificial intelligence startup behind the Kimi chatbot platform, raised approximately $2 billion in a new financing round that values the company at more than $20 billion. The funding round was led by Meituan’s venture investment arm.
Twin Bridge Capital Partners announced the closing of Pacific Street Fund VI with more than $855 million in capital commitments, exceeding the fund’s $800 million target. The fund was oversubscribed.
Baird Capital announced the final close of its third global private equity fund, Global Fund III, at its $450 million hard cap. The fund exceeded the size of its predecessor by more than 30%.
MidOcean Partners announced the successful closing of a single-asset continuation vehicle for Cloyes Gear and Products, securing approximately $300 million in commitments. Funds managed by Hamilton Lane served as the sole lead investor in the transaction.
Eli Lilly and Company announced an additional $4.5 billion investment across two manufacturing sites in Lebanon, Indiana, bringing the company’s total Indiana manufacturing commitments since 2020 to more than $21 billion.
Bain Capital announced that its Private Credit Group acted as sole lender and administrative agent for a $225 million senior credit facility provided to Kids2, a global infant and toddler products company. The financing is intended to support Kids2’s continued growth initiatives and international expansion efforts.
ParcelBio launched with $13 million in seed financing led by Breyer Capital, with participation from General Catalyst, Y Combinator, Metaplanet, SurgePoint Capital, ZAKA VC, and additional investors.
Blackstone Life Sciences announced a $250 million investment in Anagram Therapeutics, a clinical-stage biopharmaceutical company developing oral enzyme replacement therapies for people with exocrine pancreatic insufficiency associated with cystic fibrosis, pancreatic cancer, and related disorders.
Kohort announced the completion of a $7 million Series A financing round led by The Raine Group to support the development of its artificial intelligence-powered user acquisition agents for mobile game studios.
5th Century Partners announced the final close of its second investment fund at $276 million in total commitments, exceeding its target and nearly doubling the size of the firm’s predecessor fund.
Quantum Motion announced it raised $160 million in a Series C financing round to accelerate the commercialization of its silicon transistor-based quantum computing technology. The financing was co-led by DCVC and Kembara, with participation from the British Business Bank, Firgun, and existing investors.
Anaergia announced it entered into a credit agreement with National Bank of Canada for a revolving credit facility with a maximum principal amount of C$20 million, with an option to increase the facility by up to an additional C$10 million subject to certain conditions and the bank’s discretion.
LTZ Therapeutics announced the completion of an oversubscribed $38 million financing round to accelerate development of its Universal Myeloid Cell Engager immunotherapy platform and pipeline. The financing round was led by GL Ventures with additional participation from a sovereign wealth fund and existing shareholders.
SageOx announced it raised a $15 million seed financing round led by Canaan Partners, with participation from A.Capital, Pioneer Square Labs, and Founders’ Co-op.
Tessera Labs announced it raised $60 million in oversubscribed funding led by Andreessen Horowitz to accelerate development of its AI-native enterprise transformation platform. Foundation Capital, Myriad Venture Partners, and Osage University Partners also participated in the financing round.
District announced it raised $14.7 million in seed funding led by Andreessen Horowitz and Kindred Ventures, with participation from Greylock Partners and a group of angel investors and operators from the technology and commerce sectors.
XBOW announced an additional $35 million in Series C financing from strategic investors including Accenture Ventures, DNX Ventures, Liberty Global Tech Ventures, NVentures, Samsung Ventures, and SentinelOne S Ventures. The funding extends the company’s previously announced $120 million Series C round.
Astranis announced it raised $450 million in new capital to accelerate production of its high-orbit spacecraft and expand support for commercial and U.S. government satellite programs. The financing brings the company’s total funding to more than $1.2 billion.
Kanvas Biosciences announced it raised a $48 million Series A financing round to advance microbiome therapeutics designed to improve immunotherapy outcomes for cancer patients. The financing was co-led by existing investors DCVC and Lions Capital LLC, with participation from Gates Foundation, ATHOS KG, Germin8, Ki Tua Fund, Pangaea Ventures, and additional investors.
CellCentric announced the completion of an oversubscribed $220 million Series D financing to support pivotal clinical trials of inobrodib, the company’s first-in-class oral p300/CBP inhibitor for the treatment of multiple myeloma.
Solar Landscape announced the closing of a $600 million committed and green-labeled senior debt warehouse facility designed to support the company’s distributed energy deployment pipeline across the United States.
Signadori Bio announced the completion of a seed extension financing round, bringing the company’s total funding to €11.1 million. The latest investment included participation from Taiho Ventures along with existing investors Sofinnova Partners and Invivo Partners.
Gi21 Capital is a Prague-based, entrepreneur-led investment firm that provides capital and strategic support to high-growth, technical startups, with a specialized focus on AI infrastructure, B2B software, robotics, and DeepTech across Europe and the US. Pulse 2.0 interviewed Gi21 Capital founder Damir Špoljarič to learn more.
Buyerlink, a leading online auction marketplace for performance-based marketing, has secured a $40 million senior secured credit facility with Zions Bancorporation, doing business as California Bank & Trust. The new facility enhances Buyerlink's financial flexibility and strengthens its capital structure to support continued growth.
Pretium, a specialized investment firm with over $60 billion in assets under management, has surpassed $3 billion in residential lending to homebuilders and multifamily developers since launching its residential debt platform in December 2024. In partnership with Anchor Loans, the capital has supported the construction of more than 13,000 housing units to date.
IPA Capital Markets, a division of Marcus & Millichap, has arranged $116,525,065 in financing for the development of a 1.4 million-square-foot industrial property in the Pacific Northwest. The deal was secured by Gary Mozer, executive managing director, and Lee Norman, senior managing director, both out of the firm's Los Angeles office.
4D Path, a company personalizing cancer care through a physics-informed approach to predict tumor response to therapy, has announced the first close of a strategic financing round alongside the appointment of two seasoned healthcare executives to its board of directors. Katherine Vega Stultz will serve as Board Chair, and Robert J. Hombach joins as a director.
Ballad Health has been awarded Network of Excellence accreditation in robotic surgery by the Surgical Review Corporation, recognizing systemwide excellence in patient safety, surgical outcomes, and clinical consistency. The national recognition coincides with a $15 million investment to expand robotic-assisted surgery across the region, bringing the program to additional rural hospitals in the Appalachian Highlands.