Venture Capital

Arcube: University Of Manchester Startup Raises $1.5 Million (Seed)

By Amit Chowdhry ● Feb 16, 2025

Arcube, a Manchester, UK-based startup looking to transform the airline industry, announced it has raised a $1.5 million seed round co-led by Fuel Ventures and Oxford Capital Partners. And notable investors include the Chairman and former CEO of Pegasus Airlines and the founders of PointsYeah.com.

Datalign: $9 Million (Seed) Raised At $75 Million Valuation To Advance Financial Advisory Solutions Platform

By Amit Chowdhry ● Feb 16, 2025

Datalign Advisory, an AI-based platform that matches consumers with leading financial advisors, today announced that Link Ventures invested $5 million in Datalign, bringing the total investment to $9 million on a post-money valuation of $75 million.

Sintavia: $10 Million Subordinated Debt Investment Raised

By Amit Chowdhry ● Feb 16, 2025

Sintavia, a leading all-digital aerospace component manufacturer, announced that it raised a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund. The capital from this investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and offer general working capital for the business. Additional terms of the transaction were not disclosed.

Alexi: C$4.5 Million Raised For AI Litigation Platform

By Amit Chowdhry ● Feb 16, 2025

Alexi, a leading AI litigation platform, announced a C$4.5 million debt facility from TD Innovation Partners (TDIP). This new financing, which adds to its $15 million Series A in 2024, led by Drive Capital, will fuel Alexi’s continued growth, drive product innovation, and continue its mission of providing the legal community with cutting-edge AI tools.

Oaktree Capital: Opportunities Fund XII Closed At $16 Billion

By Amit Chowdhry ● Feb 16, 2025

Oaktree Capital Management announced the final closing of Oaktree Opportunities Fund XII (Opps XII), with about $16 billion of commitments, including co-investment and affiliated vehicles.

Stellaromics: $80 Million (Series B) Raised For Advancing 3D Spatial Biology

By Amit Chowdhry ● Feb 16, 2025

Stellaromics, a pioneer in 3D spatial biology spun out of the laboratories of Karl Deisseroth (Stanford University) and Xiao Wang (MIT and Broad Institute), announced a Series B funding round of $80 million. The funding round, led by Catalyst4 with participation from Stanford University Ventures, will support the development and commercialization of Pyxa, Stellaromics' groundbreaking 3D spatial biology platform.

PHȲND: $10 Million (Seed) Raised For Advancing Smart TV Gaming Platform

By Amit Chowdhry ● Feb 16, 2025

PHȲND, a subscription-free cloud gaming platform, announced it has secured a $10 million seed round led by Wellington Management. The oversubscribed round also saw participation from Bessemer Venture Partners, Connecticut Innovations Fund, and Jozy Altidore.

The University Of Akron: Faculty Members Awarded Nearly $5.5 Million

By Amit Chowdhry ● Feb 15, 2025

The transformational potential of energy research projects proposed by two University of Akron (UA) College of Engineering and Polymer Science faculty members was recognized by the U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E). And the two researchers will be awarded grants totaling nearly $5.5 million to support this work in the development of ambitious technologies that advance America’s energy future as part of the DOE’s Vision OPEN program.

VoiceCare AI: $3.85 Million (Seed) Raised To Automate Healthcare Back Offices

By Amit Chowdhry ● Feb 15, 2025

VoiceCare AI, a healthcare administration general intelligence (HAGI) company, announced plans for automating back-office conversations and super-staffing the workforce through the application of generative AI. With $3.85 million in funding led by Caduceus Capital Partners and participation from Bread and Butter Ventures, VoiceCare AI aims to improve access, adherence, and outcomes for patients and the healthcare workforce, putting the focus back on patient engagement.

BEKhealth: $4 Million Raised For Chart Abstraction And Patient-Matching Platform

By Amit Chowdhry ● Feb 15, 2025

BEKhealth, an AI-based chart abstraction and patient-matching platform company, announced it raised $4 million to support its continued growth. This latest funding round was co-led by Hatteras Venture Partners and Boston Millennia Partners with participation from existing investors Excelerate Health Ventures, Martin Ventures; and new investors RTI International and WakeMed Innovation Fund.

Apptronik: $350 Million Raised For Scaling AI-Based Humanoid Robots

By Amit Chowdhry ● Feb 15, 2025

Apptronik, an AI-based humanoid robotics company, announced the closing of a $350 million Series A funding round co-led by B Capital and Capital Factory, with participation from Google.

Invesco: Private Credit Platform Closes $1.4 Billion For Direct Lending Strategy

By Amit Chowdhry ● Feb 15, 2025

Invesco Private Credit, a leading global private credit platform of Invesco, announced the closing of its flagship Invesco Direct Lending Fund II. Together with similar vehicles, this fund totals $1.4 billion of investable capital.

Liberty Company: $100 Million Strategic Funding Closed

By Amit Chowdhry ● Feb 15, 2025

Liberty Company Insurance Brokers, one of America's fastest-growing privately held insurance brokerages, announced the $100 million upsizing of its syndicated credit facility, led by JPMorgan Chase. This capital marks another significant step in Liberty's ongoing growth, building on the momentum of its August 2023 $340 million credit facility offering.

Hydrostor: $200 Million Raised For Long-Duration Energy Storage Platform

By Amit Chowdhry ● Feb 15, 2025

Hydrostor, a global long-duration energy storage (LDES) developer and operator, has secured a $200 million investment from the Canada Growth Fund (CGF), Goldman Sachs Alternatives, and Canada Pension Plan Investment Board (CPP Investments). The deal will support Hydrostor’s continued investment in Advanced Compressed Air Energy Storage (A-CAES) projects in Canada and worldwide.