Venture Capital

Aligned Climate Capital Closes Solar Fund At Above $200 Million

By Amit Chowdhry ● May 13, 2025

Aligned Climate Capital announced the final close of its sixth distributed solar fund, Aligned Solar Partners 6 LP (ASP6), with commitments above the $200 million target fund size. AndASP6 achieved final close with participation from leading institutional investors in the U.S. and globally, including insurance companies, endowments, foundations, and family offices.

The Pearl Fund: $500 Million Bitcoin Investment Fund Launched

By Amit Chowdhry ● May 13, 2025

The Pearl Fund, an investment firm that launched the nation's first Opportunity Zone Business (OZB) fund, announced the launch of the Pearl Bitcoin Fund (Pearl BTC). This $500 million investment vehicle eliminates capital gains tax on Bitcoin investments.

Rotunda Capital Partners: Oversubscribed Fund IV Closed At $735 Million

By Amit Chowdhry ● May 13, 2025

Rotunda Capital Partners—an operationally oriented private equity firm focused on industrial businesses—announced the closing of Rotunda Capital Partners Fund IV, L.P., with total capital commitments of $735 million. Fund IV was significantly oversubscribed, closing well above the target of $550 million and the initial hard cap.

Adams Street: Over €270 Million Closed For European Venture Fund

By Amit Chowdhry ● May 12, 2025

Adams Street Partners - a leading private markets investment firm with over $62 billion in assets under management - announced the final closing of its oversubscribed European Venture Fund. This fund was driven by strong investor demand for Europe’s dynamic venture ecosystem, and it secured over €270 million in capital commitments, significantly exceeding its fundraising target.

Curql: Fund II Surpasses $309 Million In Capital

By Amit Chowdhry ● May 12, 2025

Curql, a collective of credit unions jointly investing in fintech, announced that Curql Fund II has surpassed $300 million in capital raised from 83 progressive credit unions nationwide. With the fund set to close at the end of July, credit unions now face their final opportunity to participate in a movement transforming the financial services landscape, led by credit unions, for credit unions.

Function Health: Ezra Acquired And $499 Full-Body MRI Scan Introduced

By Amit Chowdhry ● May 12, 2025

Function Health announced it has acquired Ezra and is launching a Full Body MRI with an FDA-cleared AI that cuts scan time from 60 minutes to 22 minutes and from $1,500 to $499. This reduction in time and cost makes annual scanning possible, creating a comprehensive 360-degree view inside your body.

Deerfield Management: Over $600 Million Healthcare Venture Fund Closed

By Amit Chowdhry ● May 12, 2025

Deerfield Management Company announced the closing of the Deerfield Healthcare Innovations Fund III, a fund of over $600 million that looks to advance healthcare by investing in therapeutics, improving care delivery models, and enhancing emerging technologies.

Orca AI: $72.5 Million Raised For Scaling Autonomous Shipping Solutions

By Amit Chowdhry ● May 12, 2025

Orca AI, a leader in maritime technology, announced it has closed an investment of $72.5 million in Series B funding. Brighton Park Capital led the funding round with participation from existing investors Ankona Capital and Hyperlink Ventures.

Sentora Raising Up To $25 Million Series A As IntoTheBlock And Trident Merge

By Amit Chowdhry ● May 12, 2025

IntoTheBlock (a leader in institutional DeFi solutions) and Trident Digital (a digital assets financial services firm) announced their merger to form Sentora, an institutional DeFi platform combining yield strategies, risk management, and financial services. And at launch, Sentora is securing up to a $25 million Series A round of funding led by New Form Capital, with participation from Joint Effects, Tribe Capital, and strategic ecosystem investors including Ripple, Curved Ventures, Flare, and Bankai Ventures.

Tesseral: $3.3 Million Raised To Simplify Authentication For Business Software

By Amit Chowdhry ● May 12, 2025

Tesseral, an open-source authentication infrastructure for business-to-business (B2B) software companies, announced its emergence from stealth with $3.3 million in seed financing. Investors include Y Combinator, Jessica Livingston, and Paul Graham, co-founders of Y Combinator; Calvin French-Owen, co-founder and former CTO of Segment; Steve Bartel and Nick Bushak, co-founders of Gem; and Mike Wiacek, founder of Stairwell.

Parloa: $120 Million Series C Raised At $1 Billion Valuation To Improve Customer Service With Agentic AI

By Amit Chowdhry ● May 12, 2025

Parloa, an innovator in Agentic AI for customer experience, announced it has secured $120 million in Series C funding, bringing the company’s valuation to $1 billion. And Durable Capital Partners, Altimeter Capital, and General Catalyst are leading this round with participation from EQT Ventures, RPT Capital, Senovo, and Mosaic Ventures.

Liftoff: Minority Growth Investment Raised At $4.3 Billion Valuation From General Atlantic

By Amit Chowdhry ● May 12, 2025

Liftoff, a leader in performance marketing and monetization solutions for the app economy, announced that Blackstone's private equity funds signed an agreement to sell a minority stake in Liftoff to General Atlantic. As part of the transaction, long-time investor Blackstone will remain the majority shareholder.

StackOne: $20 Million Series A Raised To Transform SaaS And AI Agent Integrations

By Amit Chowdhry ● May 12, 2025

StackOne, a next-gen AI-based platform advancing the future of enterprise AI agents and SaaS integrations, announced it raised $20 million in a Series A round led by GV (Google Ventures). Workday Ventures, XTX Ventures, existing investors Episode 1 and Playfair, and angels from OpenAI, Deepmind, Microsoft, and Mulesoft also participated.

Recraft: $30 Million Series B Raised For AI-Based Design Platform

By Amit Chowdhry ● May 12, 2025

Recraft, an AI-based design platform that generates images with brand consistency, announced it has raised a $30 million Series B funding round led by Accel. Participating investors include Madrona Ventures and existing investors Khosla Ventures, Nat Friedman, Elad Gil, and RTP Global.

ReNew Energy Global: $100 Million Investment Raised From BII

By Amit Chowdhry ● May 12, 2025

ReNew Energy Global - a leading decarbonization solutions company - announced it has secured an INR 8700 million ($100 million) investment from British International Investment (BII), the UK’s development finance institution and impact investor, to advance the growth of its solar manufacturing business in India. The funding will be made through ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary in India.

MyVenue: Majority Investment Raised From Greater Sum Ventures

By Amit Chowdhry ● May 12, 2025

Entrepreneurial family office and growth equity firm Greater Sum Ventures (GSV) announced a majority investment in MyVenue, a worldwide leader in event venue point-of-sale (POS) technology.

iAltA Holdings: $20 Million Raised For Modernizing Private Markets

By Amit Chowdhry ● May 12, 2025

iAltA Holdings, a private markets infrastructure company, announced its launch with an initial funding of $20 million led by WestCap. Launched out of WestCap, iAltA’s goal is to build a digital infrastructure that unifies private market systems.

Google Announces AI Futures Fund

By Amit Chowdhry ● May 12, 2025

Today, Google announced the AI Futures Fund. This new program will invest in and collaborate with startups that want to bring their innovative ideas to market using Google DeepMind's latest AI models. With this fund, Google will work closely with companies in various stages of growth while also providing access to Google’s advanced resources, expertise, and early iterations of the company’s latest AI models like Gemini.

YL Ventures: How This VC Firm Helps Cybersecurity Entrepreneurs Scale Their Businesses

By Amit Chowdhry ● May 12, 2025

YL Ventures is an early-stage firm that funds and supports visionary cybersecurity entrepreneurs from seed to scale to help them evolve transformative ideas into market-leading companies. Pulse 2.0 interviewed YL Ventures partner Justin Somaini to learn more about the firm.

Aztec Group: Minority Investment Raised From Warburg Pincus

By Amit Chowdhry ● May 11, 2025

Aztec Group, an international fund and corporate services provider to the alternative investments industry, announced the completion of its strategic partnership with global growth investor Warburg Pincus.

Hilo: $42 Million Series B Raised For Blood Pressure Intelligence Platform

By Amit Chowdhry ● May 11, 2025

Hilo (previously known as Aktiia), a blood pressure intelligence platform, announced an oversubscribed $42 million (over CHF 34 million) Series B funding round, co-led by Earlybird Health and Wellington Partners, with new investors Kfund and naturalX Health Ventures, and participation from existing investors redalpine, Khosla Ventures, Molten Ventures, Translink Capital, and Verve Ventures. The funding, which has brought the total financing above $100 million, will accelerate the company's mission to manage the world's blood pressure.

Redaptive: $650 Million Credit Facility Deal Signed With CDPQ And Nuveen

By Amit Chowdhry ● May 11, 2025

Redaptive, a leading Energy-as-a-Service (EaaS) provider, announced the closing of a $650 million (C$903 million) credit facility from CDPQ, a global investment group, and Nuveen (the investment manager of TIAA). This deal strengthens Redaptive's ability to scale its innovative platform, meet accelerating customer demand, and deliver measurable business value through energy efficiency, renewable generation, and data-driven building performance.

Qlik: Significant Investment Raised For AI-Based Enterprise Platform

By Amit Chowdhry ● May 11, 2025

Qlik, a leader in data integration, data quality, analytics, and AI, announced the closing of a previously disclosed significant minority investment led by a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). As part of the deal, Thoma Bravo, remains Qlik’s majority owner and has made a new equity investment alongside ADIA. And a group of institutional investors have also co-invested. Originally signed in November 2024, the transaction has now received all necessary regulatory approvals.

Campus Ink: Strategic Investment Raised From High Street

By Amit Chowdhry ● May 11, 2025

Campus Ink is a company that has emerged as a leader in collegiate merchandise and NIL monetization. It utilizes technology to transform how student-athletes build their brands and generate income. High Street Equity Partners has invested in Campus Ink.

Wonder Raises $600 Million To Expand The Mission Of Super Mealtime App

By Amit Chowdhry ● May 11, 2025

Wonder founder and CEO Marc Lore announced that the company has raised $600 million in additional funding to expand and further its goal of creating the super app for mealtime. This funding included participation from major existing shareholders, led by New Enterprise Associates (NEA), Accel, GV (Google Ventures), Forerunner, and further investment from strategic investors, including Amex Ventures.

Koala Health: $20 Million Series B Raised For Transforming Chronic Pet Medication Delivery

By Amit Chowdhry ● May 11, 2025

Koala Health, a pet health company focused on transforming the healthcare experience, announced the closing of a $20 million Series B funding round led by Valspring Capital.

Fusion Connect: $85 Million Term Loan Secured From Hark Capital

By Amit Chowdhry ● May 11, 2025

Fusion Connect, a leader in cloud communications services, announced that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million.

SimpleClosure: $15 Million Series A Raised To Simplify Shutting Down A Business

By Amit Chowdhry ● May 11, 2025

SimpleClosure, a company that builds a platform for shutting down a startup, announced it has raised $15 million in Series A funding. TTV Capital led the funding, which includes participation from existing investors Infinity Ventures, Anthemis Global, Foxe Capital, and Vera Equity, new investors The LegalTech Fund and Carta, and additional angels. This new funding round brings SimpleClosure’s total funding to over $20 million.

Tobin Scientific: $65 Million Raised For Advancing Life Sciences Platform

By Amit Chowdhry ● May 11, 2025

Tobin Scientific, a provider of cGMP storage, biorepository services, and specialized logistics for the life sciences industry, announced that it has closed a significant capital raise to support its next growth phase. Denali Growth Partners and Truck 9 Partners led this minority growth equity investment, and Eastern Bank provided a comprehensive financing package to support Tobin Scientific's growth plans.

Carta Healthcare: $18.25 Million Series B1 Funding Raised For Advancing Clinical Data Abstraction

By Amit Chowdhry ● May 11, 2025

Carta Healthcare, a provider of AI-based clinical data abstraction, announced it has secured $18.25 million in Series B1 financing. The funding was led by UPMC Enterprises, with participation from new strategic investors, including MemorialCare Innovation Fund, Rex Health Ventures (the investment fund for the UNC Health), Tampa General Hospital Ventures and support from existing investors Memorial Hermann Health System, Frist Cressey Ventures, Storm Ventures, Paramark Ventures, CU Healthcare Innovation Fund, and Mass General Brigham Ventures.