Venture Capital

Benji: $6.25 Million Raised For Loyalty Partnership Infrastructure Platform

By Amit Chowdhry ● May 19, 2026

Benji, a universal API platform for loyalty partnerships, announced a $6.25 million seed funding round led by Preface Ventures and Atinc, with participation from Great North Ventures, M25, and Hyde Park Venture Partners. The company said the funding will support the expansion of its engineering and go-to-market teams in Chicago and New York as it continues scaling integrations across its loyalty partnership network.

ProEncia Biotechnology: Pre-Seed Funding Raised To Advance Patent-Pending Periodontal Disease Treatments

By Amit Chowdhry ● May 19, 2026

ProEncia Biotechnology, a fast-growing biopharma startup based in the Twin Cities, announced that it has closed significant pre-seed funding to advance its next-generation periodontal disease treatment platform. The funding will support the continued development, commercialization, and licensing of the company’s pipeline of novel, non-invasive periodontal care products designed for patients across all stages of periodontal disease severity.

Thalo Labs: Investment Raised To Bring AI-Powered HVAC Diagnostics To Technicians

By Amit Chowdhry ● May 19, 2026

Thalo Labs announced an investment from Suffolk Technologies, the venture capital affiliate of Suffolk Construction, along with a strategic partnership to accelerate the adoption of AI-powered HVAC diagnostics and service intelligence. The investment reflects growing demand for more proactive and intelligent service models across the HVAC industry as contractors face labor shortages, aging infrastructure, and increasing system complexity.

Blank Bio: $7.2 Million Seed Financing Raised To Advance RNA Foundation Models For Precision Oncology

By Amit Chowdhry ● May 19, 2026

Blank Bio, an applied AI research lab focused on training foundation models for RNA, announced the closing of a $7.2 million seed financing round along with a strategic collaboration with Pacific Biosciences to advance RNA foundation models for precision oncology.

XPEL: $110 Million Manufacturing And Supply Chain Investment Includes San Antonio Expansion And China Facility Acquisition

By Amit Chowdhry ● May 19, 2026

XPEL, a global provider of protective films and coatings, announced an approximately $110 million manufacturing and supply chain investment that includes the expansion of its operations in San Antonio, Texas, and the acquisition of a manufacturing facility in China. The investment covers real estate, capital expenditures, and the China facility acquisition, and remains within the company’s previously announced $75 million to $150 million investment framework.

Forlong Biotechnology: RMB 120 Million Series Pre-B Financing Raised To Advance Cytokine Therapy Pipeline

By Amit Chowdhry ● May 19, 2026

Forlong Biotechnology, a clinical-stage biotech company focused on developing cytokine therapies for patients with severe unmet medical needs, announced the completion of an RMB 120 million, approximately $17.5 million, Series Pre-B financing round. The round was co-led by an undisclosed fund and Fudan Capital, with participation from Changshu Guofa Venture, Kunsheng Relay Fund, and other investors.

Accro Bioscience: $50 Million Series C Raised To Advance Immune Mediated Disease Pipeline

By Amit Chowdhry ● May 19, 2026

Accro Bioscience announced the closing of a $50 million Series C financing round led by OrbiMed, with participation from TCG Crossover (TCGX), LAV, Cenova Capital, and existing investors Shenzhen Capital Group (SCGC) and Oriza Holdings.

Full-Life Technologies: $150 Million Financing To Advance Clinical-Stage Radiotherapeutics Pipeline And Manufacturing Capabilities

By Amit Chowdhry ● May 19, 2026

Full-Life Technologies announced the completion of a US$150 million financing package comprised of approximately US$110 million in Series D equity financing and US$40 million in debt financing. The financing round was led by Vivo Capital and included participation from strategic partner SK Biopharmaceuticals along with Chengwei Capital, HSG, Junson Capital, Yunion, Plaisance, Sky9 Capital, TSG Capital, and other shareholders.

Intuitive Machines: $20 Million In NASA Lunar Reconnaissance Contracts Awarded For LROC And ShadowCam Operations

By Amit Chowdhry ● May 19, 2026

Intuitive Machines announced that it has been named the prime contractor for operations of the Lunar Reconnaissance Orbiter Camera (LROC) and the ShadowCam instrument, strengthening the company’s role in lunar mapping, navigation, and infrastructure services for future Moon exploration missions.

Walker & Dunlop: $128.5 Million Financing Arranged For The Arno Luxury Community In Houston’s River Oaks

By Amit Chowdhry ● May 19, 2026

Walker & Dunlop announced it arranged $128.5 million in acquisition financing for The Arno, a 168-unit luxury residential community located in Houston’s River Oaks neighborhood.

Kin Health: $9 Million Raised To Build Patient-Owned Health Records From Doctor Conversations

By Amit Chowdhry ● May 19, 2026

Kin Health, a consumer health platform founded by practicing physicians, announced a $9 million seed round to help patients better understand and retain information from their medical appointments. The funding round was led by Maveron, with participation from Town Hall Ventures, Flex Capital, Eniac Ventures, Pear VC, and several healthcare and technology investors.

Lauxera Capital Partners: €520 Million Fund Raised For European Healthtech Expansion

By Amit Chowdhry ● May 19, 2026

Lauxera Capital Partners announced the successful close of its Lauxera Growth II fund at €520 million, surpassing its €500 million hard cap and nearly doubling the size of the firm’s debut fund. The oversubscribed fund was finalized less than 18 months after its first closing and reflects strong support from both returning and new limited partners, including Morgan Stanley Investment Management, Bpifrance, EIF (European Investment Fund), Sagard, Flextone, Swen Capital Partners, and Malakoff Humanis.

Nourish: $100 Million Series C Raised For AI-Native Metabolic Health Clinic

By Amit Chowdhry ● May 19, 2026

Nourish announced a $100 million Series C round, bringing the company’s total funding to $215 million as it expands its AI-powered metabolic healthcare platform focused on reversing chronic disease. The funding round was led by Menlo Ventures, with participation from Thrive Capital, Index Ventures, J.P. Morgan Growth Equity Partners, Maverick Ventures, Y Combinator, BoxGroup, Atomico, Daybreak, and Operator Partners. As part of the investment, Menlo Ventures partner J.P. Sanday will join Nourish’s board.

Lexroom: $50 Million Series B Raised To Expand Legal AI Platform Across Civil Law Europe

By Amit Chowdhry ● May 19, 2026

Lexroom announced it raised $50 million in Series B funding led by Left Lane Capital, with participation from Base10 Partners, Eurazeo, Acurio Ventures, Entourage, and View Different. The funding round comes eight months after the company’s $19 million Series A and brings Lexroom’s total funding to more than $73 million.

Moburst: $11.8 Million Raised From Digital Marketing-Focused Investment Firm Chrysalis Holdings

By Amit Chowdhry ● May 19, 2026

Moburst announced it secured an $11.8 million strategic investment from Chrysalis Holdings, a private investment firm focused on financial services and direct marketing industries. The investment includes an equity stake in the agency and expanded services supporting Chrysalis portfolio company NewDay USA.

Sony Pictures Television Acquires Majority Stake In 32 Flavors To Expand Premium Unscripted Portfolio

By Amit Chowdhry ● May 19, 2026

Sony Pictures Television announced it has acquired a majority interest in Alex Baskin’s production company, 32 Flavors, as the studio continues expanding its premium unscripted programming business.

Scope: $20 Million Raised For AI Inspection Platform Transforming The TIC Industry

By Amit Chowdhry ● May 19, 2026

Scope, an AI workflow platform for the testing, inspection and certification (TIC) industry, announced it has raised $20 million in funding led by Index Ventures with participation from Susa Ventures, Entrepreneurs First, and Syndicate 1. The company also attracted notable angel investors including Mehdi Ghissassi, Cedric Pech, Naren Shaam, and Andy Szybalski.

Coursera: $500 Million Share Repurchase Program Announced

By Amit Chowdhry ● May 19, 2026

Coursera announced that its Board of Directors approved a share repurchase program authorizing the company to buy back up to $500 million of its common stock. The company said the authorization reflects leadership’s confidence in Coursera’s business strategy, long-term cash flow generation, and future shareholder value creation opportunities.

HSBC: $4 Billion Credit Facility Launched For China’s Low-Carbon Industries

By Amit Chowdhry ● May 19, 2026

HSBC announced the launch of a $4 billion Sustainability and Transition Credit Facility in mainland China to support companies operating in clean energy and low-carbon sectors as they scale internationally and advance decarbonization efforts across global supply chains.

Decart: $300 Million Raised At Nearly $4 Billion Valuation Raised To Make Switching AI Chips Easier

By Amit Chowdhry ● May 19, 2026

Decart, a frontier AI research lab focused on real-time video and world models, announced a $300 million funding round led by Radical Ventures as the company expands its infrastructure platform for low-latency AI systems. New investors in the round included NVIDIA, Adobe Ventures, Toyota Ventures, eBay Ventures, Atreides Management, and Valor Equity Partners. Existing backers Sequoia Capital, Benchmark, and Zeev Ventures also participated. Individual investors included Andrej Karpathy, Michael Eisner, the Nintendo family, and gaming investor Moritz Baier-Lentz. This funding round was raised at nearly a $4 billion valuation.

Delivery Hero: Uber Increases Stake To 19.5% In Further Endorsement Of Everyday App Strategy

By Amit Chowdhry ● May 19, 2026

Delivery Hero announced that Uber has acquired additional shares and instruments in the company, increasing its ownership stake to 19.5% of Delivery Hero’s issued capital, along with an additional 5.6% in options.

Nvidia CEO Jensen Huang’s Foundation: $108.3 Million Donated In CoreWeave AI Computing Resources For Research

By Amit Chowdhry ● May 19, 2026

The foundation established by Nvidia CEO Jensen Huang and his wife, Lori Huang, has purchased approximately $108.3 million worth of AI computing resources from CoreWeave and donated the computing capacity to universities and nonprofit research institutions focused on advancing artificial intelligence and scientific discovery.

CIM Group: $400 Million Financing Commitment Supports Launch Of Permanent Power Company

By Amit Chowdhry ● May 19, 2026

CIM Group announced the launch of Permanent Power Company, a national power platform created following a series of transactions that included securing a long-term power purchase agreement (PPA) and a $400 million financing commitment.

Arbor Realty Trust: $787 Million Legacy CLO Redeemed To Unlock Additional Liquidity

By Amit Chowdhry ● May 19, 2026

Arbor Realty Trust announced that it redeemed in full and at par $787 million of outstanding notes tied to its legacy CLO 17 transaction on May 15, 2026. In connection with the redemption, the company transferred approximately $1.21 billion of assets into two existing repurchase facilities with JPMorgan Chase Bank, N.A., securing improved financing terms and enhanced leverage.

EQT: €5 Billion Scaleup Europe Fund Mandate Awarded By European Commission

By Amit Chowdhry ● May 19, 2026

EQT announced it has been selected by the European Commission and a coalition of founding investors across Europe as the preferred investment adviser and fund manager for the Scaleup Europe Fund, a new initiative designed to help European technology companies scale globally while maintaining their European roots.

Rein Therapeutics: $57.5 Million Public Offering Closed To Advance IPF Clinical Trial

By Amit Chowdhry ● May 19, 2026

Rein Therapeutics announced the closing of a $57.5 million underwritten public offering, including the full exercise of the underwriters’ over-allotment option, strengthening the company’s financial position as it advances its pulmonary fibrosis pipeline.

Quince Therapeutics: $187 Million Private Placement And Orphai Acquisition To Advance Pulmonary Disease Pipeline

By Amit Chowdhry ● May 19, 2026

Quince Therapeutics announced the acquisition of Orphai Therapeutics along with a private placement financing valued at up to $187 million to expand its pulmonary disease pipeline. The acquisition adds Orphai’s lead program, LAM-001, an inhaled formulation of rapamycin designed to treat multiple pulmonary diseases including pulmonary hypertension associated with interstitial lung disease (PH-ILD), bronchiolitis obliterans syndrome (BOS), and sarcoidosis-associated pulmonary hypertension (SAPH).

POET Technologies: $400 Million Investment Closed To Scale AI Photonic Interconnect Manufacturing

By Amit Chowdhry ● May 19, 2026

POET Technologies announced the closing of a US$400 million registered direct offering to accelerate manufacturing scale-up and strengthen its position in photonic interconnect solutions for frontier AI infrastructure markets.

RideNow Group: $35 Million In Additional Floorplan Capacity Secured To Expand Inventory Financing

By Amit Chowdhry ● May 19, 2026

RideNow Group announced that it has secured an additional $35 million in floorplan financing capacity, increasing the company’s total credit capacity to approximately $400 million. The added financing is designed to support several of the company’s major OEM relationships and strengthen inventory availability across its dealership network during the 2026 riding season.

ANV: MGA Incubator LaunchPad Debuts With Hastings Tax Underwriters Launch

By Amit Chowdhry ● May 18, 2026

ANV Group Holdings, a global insurance intermediary platform, announced the launch of ANV LaunchPad, an MGA incubator created to partner with experienced underwriters to build scalable specialty insurance businesses.