Venture Capital

Wonderlab Bio: Jetstream Venture Fund Investment Expands HealthTech Growth Strategy

By Amit Chowdhry ● May 18, 2026

Jetstream Venture Fund announced an investment in Wonderlab Bio, a Boston-based biotechnology company focused on off-the-shelf cell therapies. The investment expands Jetstream’s portfolio of high-growth companies across sectors, including regenerative medicine, aerospace, and artificial intelligence.

Innovative Motion Technologies Closes New Credit Facility Led by TPG Twin Brook

By Amit Chowdhry ● May 18, 2026

Innovative Motion Technologies (IMT), a global industrial technology platform and portfolio company of Cathay Capital, announced the closing of a new senior credit facility led by TPG Twin Brook to support the company’s continued growth and acquisition strategy.

PowerGEM: Investment From General Atlantic And Acquisition Of Telos Energy To Expand Grid Modernization Platform

By Amit Chowdhry ● May 18, 2026

PowerGEM announced a strategic growth investment from General Atlantic through its BeyondNetZero fund and also revealed its acquisition of Telos Energy as the company looks to expand its capabilities in power grid engineering, market analysis, and AI-enabled energy infrastructure solutions. Existing investor TA Associates will continue supporting the company as PowerGEM accelerates its efforts to address growing grid complexity and rising demand across the energy sector.

SponsorCX Raises Additional Series A Funding To Modernize Partnership Operations

By Amit Chowdhry ● May 18, 2026

SponsorCX announced an additional investment into its Series A funding round, led by Kickstart with participation from Blueprint Equity, Capital Eleven, Frazier Group, Helm Ventures, and several returning investors.

BingEx: Strategic Investment From Low-Altitude Industry Platform To Accelerate Drone Delivery Expansion

By Amit Chowdhry ● May 18, 2026

BingEx Limited announced that its wholly owned subsidiary has signed a strategic investment agreement with Hangzhou Low-Altitude Industry Development Co., Ltd. to accelerate the deployment of drone delivery and low-altitude logistics services in China.

BrainsWay: $1.5 Million Investment In Hopemark Health To Expand Access To Interventional Psychiatry Care

By Amit Chowdhry ● May 18, 2026

BrainsWay announced a strategic minority-stake investment in Hopemark Health as part of its broader strategy to expand awareness of and access to advanced interventional psychiatry treatments across North America.

Pioneer Power Solutions: $6 Million PRYMUS Award Secured From Major National Logistics Customer

By Amit Chowdhry ● May 18, 2026

Pioneer Power Solutions announced that it secured a $6 million award for two of its PRYMUS distributed generation systems from one of the nation’s largest package delivery companies. The systems are expected to provide prime power to two separate transit hubs, with delivery scheduled for the second half of 2026.

Dust: $40 Million Raised For Multiplayer Enterprise AI Platform

By Amit Chowdhry ● May 18, 2026

Dust, a multiplayer AI platform designed for human-agent collaboration inside enterprises, announced it has raised $40 million in Series B funding. The round was led by Abstract and Sequoia Capital, with participation from Snowflake and Datadog. With this financing, Dust has now raised more than $60 million in total funding.

MiddleGround Capital: Firmwide Promotions Include Roland Veldhuijzen van Zanten Elevated To Managing Director

By Amit Chowdhry ● May 18, 2026

MiddleGround Capital announced seven firmwide promotions, including the elevation of Roland Veldhuijzen van Zanten to Managing Director, reflecting the private equity firm’s continued growth and focus on developing talent internally.

Cosmico: €12 Million Raised By Future Of Work Platform To Expand Through M&A And Acquire Flatmates

By Amit Chowdhry ● May 18, 2026

Milan-based Cosmico, a Future of Work platform focused on digital talent, creator economy services, and AI-powered workforce solutions, announced it has raised €12 million in Series B funding.

LawX: €7.5 Million Raised To Build AI Operating System For Law Firms And Notaries

By Amit Chowdhry ● May 18, 2026

Berlin-based legal technology company LawX announced it has raised €7.5 million in funding as it expands its AI-powered operating system for law firms and notaries’ offices. The company also revealed it has surpassed €1 million in recurring revenue since launching its platform.

Alcolase: €1.5 Million Raised For Enzyme-Based Remedy Addressing Alcohol Intolerance

By Amit Chowdhry ● May 18, 2026

Ada Ventures announced it has co-led a €1.5 million funding round into Danish-British biotech company Alcolase, which is developing what it describes as the world’s first enzyme system designed to break down alcohol in the stomach before it enters the bloodstream. The round also included participation from Delphinus Venture Capital, Antler, Manigoff Invest, and a group of angel investors.

Neurocrine Biosciences: $2.9 Billion Soleno Therapeutics Acquisition Expands Rare Disease Portfolio

By Amit Chowdhry ● May 18, 2026

Neurocrine Biosciences announced the completion of its acquisition of Soleno Therapeutics, strengthening its endocrinology and rare disease portfolio with the addition of VYKAT XR, the first and only approved treatment for hyperphagia in patients with Prader-Willi syndrome (PWS). The transaction, initially announced on April 6, 2026, carried a total equity value of approximately $2.9 billion.

Ralliant: $27.3 Million Defense Production Act Investment To Scale PacSci EMC Rocket Motor Safety Component Production

By Amit Chowdhry ● May 18, 2026

Ralliant Corporation announced that its Pacific Scientific Energetics Materials Company (PacSci EMC) business received a $27.3 million investment from the Department of War through Defense Production Act Title III funding to expand production of the universal Arm Fire Device (AFD), a critical safety component used in solid rocket motor applications.

Sigma: $80 Million Raised At $3 Billion Valuation For AI Apps And Agentic Analytics Platform

By Amit Chowdhry ● May 18, 2026

Sigma, the AI Apps and agentic analytics platform, announced it has raised $80 million in Series E financing at a $3 billion valuation. The funding round was led by Princeville Capital and included participation from Databricks Ventures, ServiceNow Ventures, Workday Ventures, and other investors. Existing investors participating in the round included Altimeter Capital, Avenir Growth Capital, D1 Capital Partners, K5 Global, NewView Capital, Spark Capital, Sutter Hill Ventures, and XN. JP Morgan served as placement agent for the financing.

Transient.AI: Series A Investment From NEXT Investors To Advance AI Innovation In Capital Markets

By Amit Chowdhry ● May 18, 2026

NEXT Investors announced an investment in the Series A financing round of Transient.AI, an AI-native investment management platform designed specifically for institutional trading environments. The financial terms of the funding round were not disclosed.

Blink: $17 Million Raised From Enlightened Hospitality Investments And Global Partnership Announced With Shake Shack

By Amit Chowdhry ● May 18, 2026

Blink, a mobile-first employee experience platform for frontline workforces, announced it has raised $17 million in funding from Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Danny Meyer’s Union Square Hospitality Group (USHG). The company also announced a new global partnership with Shake Shack following a successful integration of its workforce management solutions.

Gradiant: $2 Billion Valuation Reached With Series E Financing To Expand AI And Industrial Water Infrastructure

By Amit Chowdhry ● May 18, 2026

Gradiant announced the closing of a Series E financing round that values the company at $2 billion. The financing round was led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors.

Nord Quantique: $30 Million Investment Pushes Quantum Computing Company To $1.4 Billion Valuation

By Amit Chowdhry ● May 18, 2026

Nord Quantique, a quantum computing company focused on quantum error correction and fault-tolerant systems, announced the closing of a $30 million investment round that brings the company’s valuation to $1.4 billion. The funding will support the company’s roadmap toward achieving fault-tolerant quantum computing by 2030.

Cognizant: $2 Billion Share Repurchase Target Increased Amid AI Growth Strategy

By Amit Chowdhry ● May 18, 2026

Cognizant announced that its Board of Directors approved a $2 billion increase to the company’s existing share repurchase authorization, while also raising its 2026 share repurchase target to $2 billion, up from the company’s prior expectation of $1 billion.

Africa Finance Corporation: US$100 Million Commitment Approved For Africa-Focused Technology Fund Managers

By Amit Chowdhry ● May 18, 2026

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, announced that its Board has approved a commitment of up to US$100 million to invest in Africa-focused technology fund managers as part of a broader strategy to accelerate Africa’s digital industrialization.

Citi And HPS Investment Partners Launch €15 Billion Program To Expand Direct Lending In EMEA

By Amit Chowdhry ● May 18, 2026

Citi and HPS Investment Partners, a part of BlackRock, announced a €15 billion Private Capital Program to expand direct lending and private financing solutions across EMEA. The strategic collaboration aims to enhance capital access for corporate- and sponsor-owned borrowers across Continental Europe and the UK, and eventually in the Middle East.

Searchable: $14 Million Raised At $85 Million Valuation For AI Search Performance Platform

By Amit Chowdhry ● May 18, 2026

Searchable, an AI performance marketing platform focused on helping businesses compete in AI-driven search, announced it has raised $14 million in funding led by Headline at an $85 million valuation.

Bain Capital: $10.5 Billion Raised For Asia Fund VI

By Amit Chowdhry ● May 18, 2026

Bain Capital announced the final close of Asia Fund VI, raising $10.5 billion in total capital, including approximately $9.1 billion of external commitments, surpassing the fund’s original $7 billion target. The firm said the accelerated fundraising process reflected investor confidence in Bain Capital’s 20-year track record in Asia, its operational value creation approach, and its ability to invest in complex situations through its integrated global platform.

GovWell: $25 Million Series A Raised For AI Government Operating System

By Amit Chowdhry ● May 18, 2026

GovWell announced it has raised $25 million in Series A funding in a round led by Insight Partners, with participation from existing investors Work-Bench and Bienville Capital. The financing also included investments from GovTech industry leaders David Reeves, former president and CRO of OpenGov, Andreas Huber, founder and CEO of First Due, and Chris Bullock, founder and former CEO of ClearGov.

Monaco: $50 Million Series B Raised For AI-Powered Sales Platform Expansion

By Amit Chowdhry ● May 17, 2026

Monaco announced that it has raised $50 million in Series B funding as the company looks to expand its AI-powered sales platform following strong customer demand during its public beta phase. The funding round was led by Benchmark and came only months after Monaco emerged from stealth mode in February 2026. Existing investors Founders Fund and Human Capital also participated in the financing round. With the new investment, Monaco said its total funding now exceeds $85 million.

Prudential: $389 Million Bharti Life Stake Acquisition To Expand India Insurance Presence

By Amit Chowdhry ● May 17, 2026

Prudential announced it has agreed to acquire a 75% stake in Bharti Life Insurance Company Limited from Bharti Life Ventures Pvt Ltd and 360 ONE Asset Management as part of a strategic repositioning of its India operations. The transaction, which remains subject to regulatory approvals and other closing conditions, involves an initial cash consideration of ₹3,500 crore, approximately $389 million.

Fasset: $51 Million Series B Raised To Expand AI-Enabled Financial Infrastructure Network

By Amit Chowdhry ● May 17, 2026

Fasset announced that it has raised a $51 million Series B funding round with participation from SBI Group, Investcorp, Arz Portföy, and several additional strategic partners.

Faraday Future: $25 Million Financing Supports Robotics Expansion And AI-First Strategy

By Amit Chowdhry ● May 16, 2026

Faraday Future Intelligent Electric, the California-based embodied AI ecosystem company, announced that it has secured $25 million in new financing through a Securities Purchase Agreement with investors. The financing brings the company’s total capital raised over the past two months to $70 million, following a previously announced $45 million financing in April.

Onramp: $12.5 Million Series A Raised At $135 Million Valuation For Multi-Institution Bitcoin Custody Platform

By Amit Chowdhry ● May 15, 2026

Onramp, a bitcoin-centric financial services platform built on Multi-Institution Custody (MIC), announced it has raised a $12.5 million Series A round at a $135 million valuation led by Early Riders, with participation from strategic angel investors. The Austin-based company said it now custodies more than $1 billion in assets and has experienced zero security incidents since its founding.