Venture Capital

Keepit: SaaS Data Protection Company Raises $50 Million

By Amit Chowdhry ● Dec 17, 2024

Keepit, an independent cloud-native data protection and backup provider, announced a $50 million funding round, led by existing investor One Peak, and EIFO, the Export and Investment Fund of Denmark. This funding round marks the company’s third equity investment in the past four years, bringing total funds raised to about $90 million.

Pattern Energy Reveals Equity Investment From Consortium

By Amit Chowdhry ● Dec 17, 2024

Pattern Energy Group LP - a leader in renewable energy and transmission infrastructure - announced that a consortium, headed by APG Asset Management N.V. (APG), on behalf of the largest Dutch pension fund, ABP, and Australian Retirement Trust (ART), will acquire Riverstone Holdings equity stake in the company, becoming owners alongside Canada Pension Plan Investment Board (CPP Investments) and Pattern management. The transaction is expected to close in the first half of 2025, subject to receipt of required regulatory approvals and other customary closing conditions. The financial details were not disclosed.

Trinity Capital Providing $50 Million In Equipment Financing To Form Energy

By Amit Chowdhry ● Dec 17, 2024

Trinity Capital - a leading provider of diversified financial solutions to growth-oriented companies - announced the commitment of $50 million in equipment financing to Form Energy, which is an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems.

Fluid Biomed: $27 Million (Series A) Raised For Advancing Lifesaving Products For Patients Suffering From Vascular Disease

By Amit Chowdhry ● Dec 17, 2024

Fluid Biomed - a clinical-stage medical device company developing lifesaving products for patients suffering from vascular disease - announced it closed an oversubscribed $27 million Series A equity financing. The funding round is co-led by Amplitude Ventures and an undisclosed major strategic partner. New participants in the investment syndicate include IAG Capital Partners and LifeArc Ventures, as well as returning investors, ShangBay Capital and METIS Innovative.

Orbus Software Reveals Strategic Growth Investment From FTV Capital And SilverTree Equity

By Amit Chowdhry ● Dec 17, 2024

Orbus Software, a global market-leading SaaS enterprise transformation software provider, announced a significant growth equity investment from FTV Capital. FTV is investing alongside co-control partner SilverTree Equity, a London-based software specialist investor that has supported Orbus since its investment in December 2020. The funding will fuel Orbus’s continued expansion into the United States and other high-growth markets, enable further penetration into regulated industries such as financial services, healthcare, government, and others, and enhance the platform’s technology and AI capabilities.

BILT: $21 Million (Series B) Raised For Scaling 3D Instructions Platform

By Amit Chowdhry ● Dec 17, 2024

BILT, a leader in 3D Intelligent Instructions, announced it has closed a $21 million funding round, led by Silverton Partners with participation from Amex Ventures, Fifth Growth Fund, and Silicon Valley Bank. And the funding will be used to expand operations as demand for 3D interactive and extended reality (XR) immersive instructions increases.

Cornell Capital Names Jennifer Cattier As New Partner

By Amit Chowdhry ● Dec 17, 2024

Cornell Capital - a U.S.-based private investment firm with approximately $5.3 billion of AUM and offices in New York and Hong Kong - announced the promotion of Jennifer Cattier to Partner. And based in the New York office, Cattier will continue to focus on advancing Cornell Capital’s strategic priorities, overseeing firm operations and personnel, and spearheading transformative infrastructure initiatives.