Venture Capital

Kassel Mechanical: $40 Million Investment Raised From Paceline Equity Partners Affiliate

By Amit Chowdhry ● Apr 13, 2025

An affiliate of Paceline Equity Partners (a Dallas-based private equity manager) announced that it has made a $40 million preferred equity investment in Kassel Mechanical Holdings.

Sparrow Quantum: €21.5 Million Raised For Advancing Photonic Quantum Innovation In Europe

By Amit Chowdhry ● Apr 12, 2025

Sparrow Quantum, a leading European photonic quantum chip supplier, announced it has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. PensionDanmark led the funding round, which also included backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the European Innovation Council.

Springtail: $2.5 Million (Pre-Seed) Raised To Scale PostgreSQL Performance

By Amit Chowdhry ● Apr 12, 2025

Springtail, which is a company providing a new way to scale PostgreSQL, announced it has raised a $2.5 million pre-seed round led by Google's early-stage AI fund Gradient. The oversubscribed funding round also included participation from Octave and angel investors.

Amca: $76.5 Million Raised To Acquire And Develop Aerospace And Defense Products

By Amit Chowdhry ● Apr 12, 2025

The Advanced Manufacturing Company of America (Amca), based in El Segundo, California, launched with $76.5 million in initial funding and a vision for renewing the aerospace and defense industry's entrepreneurial spirit and engineering legacy. Backed by Caffeinated Capital, Founders Fund, Lux Capital, Andreessen Horowitz, and others, Amca acquired its first supplier (Electro-Mech Components) in South El Monte, CA, and counts Boeing among its customers for its line of human-machine interface products.

Ottometric: $10 Million (Series A) To Advance AI-Based ADAS Validation

By Amit Chowdhry ● Apr 12, 2025

Ottometric—an emerging technology leader in the validation of Advanced Driver Assistance Systems (ADAS)—announced a $10 million Series A funding round. Schooner Capital led the round, which included existing investors Rally Ventures and Proeza Ventures and new investors PS27 and Somersault Ventures. The new funding will support Ottometric's rapid growth and accelerate the development of its breakthrough ADAS validation platform.

Base Power: $200 Million (Series B) Raised For Home Energy Service

By Amit Chowdhry ● Apr 12, 2025

Base Power announced it has raised $200 million in Series B funding, co-led by Addition, Andreessen Horowitz, Lightspeed Venture Partners, and Valor Equity Partners, with participation from existing investors Thrive Capital, Altimeter, Terrain, Trust, and others. With this new funding round, Base Power will continue rapid growth, bringing affordable and reliable energy to more homes across Texas while preparing for national expansion with its battery-powered home energy service.

Clean Planet: $6.7 Million Grant Received For Advancing Quantum Hydrogen Energy

By Amit Chowdhry ● Apr 12, 2025

Clean Planet announced that it has been selected for the Innovation Promotion Project for Achieving Zero Emission Tokyo (Zero Emission Category) implemented by the Tokyo Metropolitan Government. The grant of 1 billion yen (about $6.7 million) will be used to advance and scale the company’s clean energy modules.

Eagle Freedom Fund: $18 Million Fund Closed To Invest In Human Rights

By Amit Chowdhry ● Apr 12, 2025

Eagle Venture Fund announced the closing of the Eagle Freedom Fund at $18 million, which is the first investment fund in the world dedicated to investing in tech innovation to fight human trafficking. This fund already invested in 16 for-profit technology companies that prevent, detect, or respond to labor and sex trafficking incidents, helping law enforcement, nonprofits, and frontline organizations with scalable solutions.

Lerer Hippeau: $200 Million Closed For Ninth Seed Fund

By Amit Chowdhry ● Apr 12, 2025

Lerer Hippeau (an early stage venture capital firm founded and operated in New York City) announced that it has closed $200 million in new capital for its ninth early stage fund, which the team will invest in pre-seed- and seed-stage companies.

Dwight Capital And Dwight Mortgage Trust: Over $364 Million Financed In March 2025

By Amit Chowdhry ● Apr 12, 2025

Dwight Capital and its affiliate REIT Dwight Mortgage Trust (DMT) announced that they closed over $364 million in real estate financing in March. Among these deals were a bridge loan for Silverwoods in New Jersey, a bridge loan for a three-property skilled nursing portfolio in Rhode Island, and a HUD 223(f) refinance for Skyview Heights in Washington State.

Auxilium Health: Pre-Seed Funding And Grant Raised For Biomaterials That Accelerate Skin Tissue Regeneration

By Amit Chowdhry ● Apr 12, 2025

Auxilium Health announced the closing of an oversubscribed $1.5 million, pre-seed funding round, exceeding its $1.2 million target, led by regional investors and leaders committed to driving innovation, economic growth, and the healthcare ecosystem across Ohio. And the Auxilium team also received a $275,000 grant from the National Science Foundation (NSF), underscoring strong national validation of their biomaterial technology.

U.S. Urology Partners: Growth Investment Raised From General Atlantic

By Amit Chowdhry ● Apr 12, 2025

U.S. Urology Partners announced a significant growth investment from General Atlantic, a leading global investor. This investment enhances the company’s position as a partner to leading, independent community-based urology practices, enabling them to focus on delivering premier care to the patients they serve. Following the funding from General Atlantic, NMS Capital exited its partnership with the company.