Venture Capital

Go.AI Raises $85 Million Series A Led By Updata Partners, Bringing Total Funding To $90 Million

By Amit Chowdhry ● Sep 24, 2026

Go.AI, a Chicago-based provider of private artificial intelligence infrastructure for regulated industries, has raised $85 million in Series A funding led by Updata Partners, with participation from existing investors GFT Ventures and LAUNCH. The financing brings the company's total funding to $90 million and will support the expansion of its engineering team, continued development of its software and hardware products, and broader commercialization of its on-premises AI platform.

Biolevate Raises €30 Million Series A Led By RAISE France And Orange Ventures, Expands Into Boston

By Amit Chowdhry ● Sep 24, 2026

Biolevate, a Paris-based developer of AI-powered automation software for the life sciences industry, has raised a €30 million Series A co-led by RAISE France and Orange Ventures, with participation from MSD Global Health Innovation Fund, Station F, and existing investor EQT Ventures. The financing will support Biolevate's international expansion, accelerate development of its enterprise AI platform, and expand deployments among pharmaceutical and other life sciences organizations. The announcement coincides with the opening of a new Boston office, establishing Biolevate's presence in the United States.

TERASi Raises €11 Million Seed Round Led By NATO Innovation Fund And JOIN Capital

By Amit Chowdhry ● Sep 24, 2026

TERASi, a Stockholm-based defense technology company developing high-speed wireless communications systems, has raised €11 million in seed funding co-led by NATO Innovation Fund and JOIN Capital. The financing includes new investors In-Q-Tel and D3, alongside existing backers Navigare Ventures, Almi Invest, Onsight Ventures, Further Than Capital, and KTH Ventures. The investment will support the expansion of TERASi's manufacturing and engineering capabilities, accelerate deployment of its communications technology to European armed forces, and fund the development of additional products for military and other mission-critical applications.

American Supercritical Raises $8 Million Pre-Seed Led By Silent Ventures To Develop Advanced Power Generation Technology

By Amit Chowdhry ● Sep 24, 2026

American Supercritical, a Denver-based energy technology company developing next-generation power generation systems, has emerged from stealth with $8 million in pre-seed funding led by Silent Ventures. Other participating investors include Riot Ventures, Harpoon, Reveille VC, Hillwood, Mana Ventures, Climate Capital, Alumni Ventures, and angel investors. The financing will support the commercialization of the company's factory-built supercritical carbon dioxide power systems, which are designed to convert waste heat from existing gas turbines into additional electricity.

Cox Capital Launches $40 Million Tender Offers For Blackstone And HPS Private Credit Fund Shares

By Amit Chowdhry ● Sep 24, 2026

Cox Capital Partners has launched two separate cash tender offers to purchase up to $40 million in combined Class I shares of Blackstone Private Credit Fund (BCRED) and HPS Corporate Lending Fund (HLEND). The offers provide an additional secondary-market liquidity option for investors following substantial oversubscription of both funds' third-quarter 2026 share repurchase programs. Cox Capital's purchasing entity is Cox Capital Retail Secondaries Fund I, a private investment fund managed by a Cox Capital affiliate.

Devolutions Launches Venture Arm To Invest In IT, MSP, AI And Secure Access Technologies

By Amit Chowdhry ● Sep 24, 2026

Devolutions has launched Devolutions Ventures, a new corporate venture division focused on investing in companies and projects serving IT teams and managed service providers across areas including secure access, network performance, automation, and other technologies used in day-to-day IT operations.

Crux Analytics Raises $2.2 Million In Seed Funding Led By Castle Creek Launchpad

By Amit Chowdhry ● Sep 24, 2026

Crux Analytics, a New York-based fintech company helping financial institutions acquire and retain small business customers, has raised $2.2 million in seed funding, bringing its total funding to $3.2 million. The round was led by Castle Creek Launchpad, a joint venture fund backed by 34 community banks, with additional participation from Chartway Ventures, One Washington Financial, and Curql, three credit union investment funds. The funding will support team expansion and product development as Crux grows its relationship intelligence platform for financial institutions.