Venture Capital

Gable: $20 Million (Series A) Raised For Scaling Data Management Platform

By Amit Chowdhry ● Mar 31, 2025

Gable, a creator of the first shift left data management platform enabling software and data developers to iteratively build and manage high-quality data assets, announced it has raised $20 million in Series A funding. The funding was led by Crane Venture Partners, with participation from Zetta Venture Partners, Databricks Ventures, B Capital, Capital One Ventures, In-Q-Tel (IQT), and angel investors, including Barr Moses and Tristan Handy.

Underdog: First Close Of Series C At Over $1.225 Billion Valuation

By Amit Chowdhry ● Mar 31, 2025

Spark Capital announced recently that it is leading Underdog’s Series C funding round, with a $70 million first close on a round expected to exceed $100 million. The funding round values Underdog – the fastest-growing sports gaming company in the U.S. at $1.225 billion pre-money, nearly tripling its Series B valuation from 2022.

Isomorphic Labs: $600 Million Raised For Developing AI Drug Design Engine

By Amit Chowdhry ● Mar 31, 2025

Isomorphic Labs, an AI-first drug design and development company, announced it has raised $600 Million in its first external funding round. The funding round is led by Thrive Capital, with participation from GV, and follow-on capital from existing investor Alphabet.

Divert: Over $90 Million Secured For Scaling Infrastructure

By Amit Chowdhry ● Mar 31, 2025

Nuveen Energy Infrastructure Credit (part of the $1.3 trillion asset manager of TIAA) and Divert (a circular economy company on a mission to prevent food from being wasted) announced significant financing to scale infrastructure advancing food system circularity in the southeast U.S. Nuveen Energy Infrastructure Credit’s investment includes over $90 million to fund the development of Divert’s Integrated Diversion & Energy Facility in Lexington, North Carolina, one of 30 facilities the company intends to develop nationwide to address the wasted food crisis.

Imprint: Over $500 Million Credit Facility Secured

By Amit Chowdhry ● Mar 31, 2025

Imprint, a leading provider of modern co-branded credit cards, announced the closing of a $500 million warehouse facility led by Mizuho, Truist Bank, and HSBC. And this facility brings Imprint’s total lending capacity to approximately $1 billion, enabling Imprint to increase lending to the iconic partner brands in its portfolio, and the numerous brand partnerships in the pipeline.

Retym: $180 Million Raised For Driving AI Infrastructure Innovation

By Amit Chowdhry ● Mar 31, 2025

Retym (pronounced Re-Time) - a leading semiconductor firm - announced it has emerged from stealth with over $180 million raised across multiple rounds to drive AI Infrastructure Innovation. In the latest funding round, the company secured $75 million in Series D funding, led by Spark Capital.

Waterous Energy Fund: Third Private Equity Fund Closed At C$1.4 Billion

By Amit Chowdhry ● Mar 31, 2025

Waterous Energy Fund (WEF) announced the final closing of its third private equity fund, Waterous Energy Fund III, at the target of C$1.4 billion (about US$1 billion).

Construct Capital: $300 Million Fund III Closed For Transforming Foundational Industries

By Amit Chowdhry ● Mar 31, 2025

Construct Capital - an early-stage venture capital firm backing entrepreneurs transforming Foundational Industries through technology - announced the closing of its $300 million Fund III. And with this new fund, the firm will continue its focus on revitalizing sectors — including manufacturing, logistics and transportation, defense, and energy — that have been neglected and underfunded for decades.

Barings: $70.2 Million Financing For Tracy 205 Logistics Center In California

By Amit Chowdhry ● Mar 31, 2025

Leading investment manager Barings announced that it has provided a $70.2 million loan to refinance Tracy 205 Logistics Center, a recently delivered industrial building in northern California's Northern Central Valley submarket.

Temporal Technologies: $146 Million Raised At $1.72 Billion Valuation To Advance Agentic Workloads Globally

By Amit Chowdhry ● Mar 31, 2025

Temporal Technologies, the inventors of open-source durable execution platform Temporal.io and Temporal Cloud, announced $146 million in Series C funding at a $1.72 billion post-money valuation. And the round - which brings Temporal’s total funding to $350 million - was led by Tiger Global with participation from StepStone Group, Amplify Partners, Index Ventures, MongoDB Ventures, Sequoia Capital, Conversion Capital, Hanwha Next Generation Opportunity Fund, and 137 Ventures.

Vigloo: $86 Million Raised To Expand Short-Form Drama Platform Into U.S. Market

By Amit Chowdhry ● Mar 31, 2025

Vigloo, a destination for immersive short-form dramas from Korean content platform company SpoonLabs, announced its expansion into the U.S. market. The platform aims to establish itself as a leader in the rapidly growing short-form streaming industry. Driven by $86 million from South Korea's gaming giant Krafton, it invests heavily in 100+ English-language originals, tapping into surging demand for short-form and mobile-first content in America. Originating in Asia, short-form drama platforms are expanding worldwide, with the U.S. emerging as a key market.

Tribune Therapeutics: €37 Million Raised For Treating Root Causes Of Fibrotic Diseases

By Amit Chowdhry ● Mar 31, 2025

Tribune Therapeutics - a biotechnology company dedicated to treating the root causes of fibrotic diseases - announced it has raised €37 million in seed and Series A funding to advance a portfolio of therapies targeting central drivers of scar tissue formation. And the funding includes a €23 million Series A led by new investor LifeArc Ventures and joined by seed investors Novo Holdings, HealthCap, Innovestor’s Life Science Fund, and Inven2, as well as new Series A investors Industrifonden and Investinor.

Savara: Loan & Security Agreement Signed For Up To $200 Million With Hercules Capital

By Amit Chowdhry ● Mar 31, 2025

Savara - a clinical-stage biopharmaceutical company focused on rare respiratory diseases - announced that it has entered into a loan and security agreement with Hercules Capital for up to $200 million. And access to the additional capital strengthens Savara’s balance sheet following the submission of the Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for MOLBREEVI as a treatment for autoimmune pulmonary alveolar proteinosis (aPAP).

Hudson Pacific Completes $475 Million CMBS Financing

By Amit Chowdhry ● Mar 31, 2025

Hudson Pacific Properties, a provider of end-to-end real estate solutions, announced the completion of a commercial mortgage-backed securities (CMBS) financing for a portfolio of six office properties with total gross proceeds of $475 million. The portfolio, which features assets throughout the company’s West Coast markets, includes 11601 Wilshire, Element LA, 450 Alaskan, 5th & Bell, 275 Brannan, and 1740 Technology.

Mercury: $300 Million (Series C) Raised At $3.5 Billion Valuation To Advance Fintech Platform

By Amit Chowdhry ● Mar 31, 2025

Mercury, the fintech platform companies use for banking, credit cards, and software to power all their financial workflows, announced a $300 million Series C investment round from existing and new investors. The funding round, led by new investor Sequoia Capital, includes primary and secondary funding and values Mercury at $3.5 billion post-money, more than double its previous Series B valuation of $1.6 billion in 2021. Other new investors include Spark Capital and Marathon and participation from existing investors Coatue, CRV, and Andreessen Horowitz.

Phoenix Service Partners: Investment Raised From SCF Partners

By Amit Chowdhry ● Mar 31, 2025

SCF Partners announced its investment in Phoenix Service Partners, a service company specializing in high-horsepower, low-emission natural gas compression. And industry veterans Randy Dean (CEO) and Rick Childress (COO) founded Phoenix in 2024. The team had previously built and led two of the industry’s most successful contract compression companies: CDM Resource Management and Pegasus Optimization Managers. This partnership with SCF provides capital and strategic support to build Phoenix into an industry leader.

elea: €4 Million Raised For AI-Based Healthcare Platform

By Amit Chowdhry ● Mar 31, 2025

elea—an immersive AI platform built to change how healthcare professionals provide life-saving diagnoses and care—announced recently it has raised €4 million from Fly Ventures and Giant Ventures and announced a milestone partnership with one of Germany’s largest, most critical MVZ (Medizinische Versorgungszentrum) hospital groups.

Capitala Group: Oversubscribed Fund Closed With $1 Billion In Commitments

By Amit Chowdhry ● Mar 31, 2025

Capitala Group - a leading private markets investment firm providing capital solutions to lower middle-market companies - announce that its latest fundraise was oversubscribed with over $1 billion in commitments, including leverage, and separately managed accounts. Capitala invests debt and equity capital into small businesses located throughout the U.S.

3650 Capital: $215 Million Secured From CalSTRS And Mubadala

By Amit Chowdhry ● Mar 31, 2025

3650 Capital (3650) - a nationwide alternative commercial real estate lender, special servicer and solutions provider focused on originating, servicing and asset-managing loans and providing advisory support to global institutions - announced that it has secured $215 million in fresh capital commitments from repeat investors the California State Teachers’ Retirement System (CalSTRS) and Mubadala Investment Company. The new capital will be allocated across 3650’s lending strategies and support multiple investment products.

Plural: $6 Million (Seed) Raised For Simplifying Kubernetes

By Amit Chowdhry ● Mar 31, 2025

Plural - a next-generation Kubernetes management platform - announced it has secured $6 million in seed funding, led by Primary Venture Partners, with participation from Capital One Ventures and several New York stage firms, including Company Ventures. This brings Plural’s total funding to $12 million,n including a pre-seed round.

Connectivity Wireless: $200 Million Secured From First Citizens Bank And Post Road Group

By Amit Chowdhry ● Mar 31, 2025

Connectivity Wireless - an M|C Partners backed platform and leading provider of in-building wireless solutions - announced it has successfully secured a $110 million senior debt facility with an additional $30 million available at a later date led by First Citizens Bank. In addition, the company received a $60 million growth investment led by Post Road Group, with participation from Boundary Street Capital, further strengthening its financial position and fueling its continued venue network growth.

Lucky Beverage Company: $14.2 Million (Series A1) Raised For Better-For-You Energy Drink

By Amit Chowdhry ● Mar 31, 2025

Lucky Energy, a simpler and better-for-you energy drink, announced that it has successfully closed a $14.2 million oversubscribed Series A1 round, bringing its total funding to over $40 million. The funding round is led by Maveron, with backing from DMG Ventures, Second Sight Ventures, and existing investors: Imaginary Ventures, Brand Foundry Ventures, Sapphire Ventures, and Sugar Capital.

Crstl: Series A Funding Raised For Accelerating AI-Based B2B Commerce

By Amit Chowdhry ● Mar 31, 2025

Crstl, a platform transforming retail EDI and B2B commerce, announced an investment led by Mosaic General Partnership and Cohen Circle Fintech Ventures with participation from Shopify Ventures, the investment arm of Shopify. This funding marks a pivotal milestone in Crstl's mission to build next-generation digital infrastructure that powers seamless and scalable B2B transactions.

Hubble Therapeutics: $7.3 Million (Series A) Raised For Developing Gene Therapy Cure For LCA16

By Amit Chowdhry ● Mar 31, 2025

Hubble Therapeutics, a patient-focused biotechnology company developing a gene therapy to cure pediatric blindness, announced the closing of a $7.3 million Series A funding round, which will advance its lead candidate, HUB-101, into human clinical trials.

I Squared Capital: $300 Million Commitment From Rest Announced

By Amit Chowdhry ● Mar 30, 2025

I Squared Capital, a leading global infrastructure investment manager, announced a $300 million commitment from Rest, one of Australia’s largest profit-to-member superannuation funds.

NUNC Capital: €20 Million Venture Building Initiative Launched To Invest In Ukraine’s Defense

By Amit Chowdhry ● Mar 30, 2025

Amsterdam-based NUNC Capital announced a €20 million early-stage Venture Building Initiative to invest in emerging Ukrainian defense technologies. And the plan is to create a strategic bridge between Europe's defense markets and Ukraine's innovative defense technology ecosystem.

Align Capital Partners: Oversubscribed Fund I Closed At $233 Million

By Amit Chowdhry ● Mar 30, 2025

Align Capital Partners announced the closing of its inaugural independent sponsor-focused investment fund, Align Collaborate Fund I, LP. The strategy, which launched in late 2023, provides equity capital to the industry’s growing number of deal-by-deal investors. Collaborate I had its final close on March 26 at $233 million, well above its $150 million target.

Silicon Data: $4.7 Million (Seed) Raised For Expanding Computing Industry Data Product Suite

By Amit Chowdhry ● Mar 30, 2025

Silicon Data, a leader in advancing data transparency and efficiency in the computing industry, announced the closing of a $4.7 million seed funding round, co-led by DRW and Jump Trading Group with participation from other strategic investors.

Pantheon: $1.1 Billion Raised For Secondary Opportunities Fund II

By Amit Chowdhry ● Mar 30, 2025

Pantheon, a leading global private markets investor, announced the final close of Pantheon Secondary Opportunities Fund II (PSOF II) and related vehicles, with total commitments reaching $1.1 billion — nearly doubling the size of its $624 million predecessor program. And PSOF II invests in companies with compelling ongoing growth and value creation potential, managed by high-quality managers who demonstrate high conviction and strong alignment of interest with secondaries buyers in continuation vehicles.

Infinite Uptime: $35 Million Raised For Enhancing Manufacturing Intelligence Platform

By Amit Chowdhry ● Mar 30, 2025

Infinite Uptime, a predictive maintenance and energy efficiency leader for process industries, announced it has secured a $35 million investment led by Avataar Ventures, with participation from StepStone Group and LGVP (New York). And existing investors Tiger Global and GSR Ventures also participated in the round.