Venture Capital

Flatiron Energy: Credit Facility Expanded To $250 Million To Accelerate Battery Storage Growth

By Amit Chowdhry ● Oct 30, 2025

Flatiron Energy, a rapidly growing independent power producer (IPP) focused on battery energy storage, announced a significant expansion of its financial backing with the closing of an upsized $250 million corporate credit facility, funded by funds managed by HPS Investment Partners (HPS). The new financing doubles the company’s prior $125 million facility established in 2024. And it will fund the development and construction of Flatiron’s 4.5 GW / 18 GWh portfolio of utility-scale battery energy storage assets across the United States.

TestSprite: $6.7 Million Seed Funding Closed To Power Testing For AI-Native Development

By Amit Chowdhry ● Oct 30, 2025

TestSprite, an AI-driven autonomous testing platform for next-generation software development, announced it has raised $6.7 million in seed funding, bringing total funding to $8.1 million. Trilogy Equity Partners led the round with participation from Techstars, Jinqiu Capital, MiraclePlus, Hat-trick Capital, Baidu Ventures, and EdgeCase Capital Partners.

Voxel: Strategic Investment Raised From Ericsson To Advance AI-Based Workplace Safety

By Amit Chowdhry ● Oct 30, 2025

Voxel, an applied artificial intelligence company transforming workplace safety through computer vision technology, has announced a strategic investment from Ericsson Ventures, the venture capital arm of the global communications technology leader Ericsson. The funding marks the latest in a series of AI-focused commitments from Ericsson as it continues expanding its footprint in intelligent automation and industrial innovation.

Good Carbon Co.: $20 Million Loan Facility Secured From NY Green Bank

By Amit Chowdhry ● Oct 29, 2025

Good Carbon Co. (GCC), a climate-focused developer and financier of sustainable housing and clean energy systems, has closed an upsized $20 million loan facility with NY Green Bank (NYGB), a division of the New York State Energy Research and Development Authority (NYSERDA). The financing will support the installation of geothermal heating and cooling systems across a growing portfolio of affordable multifamily housing properties in the Buffalo region.

Draper Laboratory Secures $25 Million For New IMPACT Center In Lowell

By Amit Chowdhry ● Oct 29, 2025

Draper Laboratory has secured up to $25 million in combined state and local funding to establish its Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts. Announced by Governor Maura Healey, the investment supports Massachusetts’ broader initiative to expand secure, domestic semiconductor manufacturing and strengthen the nation’s defense industrial base.

Frontline Wildfire Defense: $48 Million Series A Closed To Scale Wildfire Protection Systems

By Amit Chowdhry ● Oct 29, 2025

Frontline Wildfire Defense, a leader in proactive wildfire defense technology for homes, businesses, and communities, has raised $48 million in a Series A round led by Norwest. The funding—comprising both primary and secondary capital—will expand Frontline’s operations across fire-prone U.S. regions amid an era of escalating wildfire risk and insurance market instability.

Socratix AI: $4.1 Million Raised To Build AI Coworkers For Fraud and Risk Teams

By Amit Chowdhry ● Oct 29, 2025

Socratix AI, a San Francisco–based company developing autonomous AI coworkers for fraud and risk teams, has raised $4.1 million in seed funding led by Pear VC, with participation from Y Combinator, Twenty Two Ventures, Transpose Platform Management, and several strategic angel investors.

SimSpace: $39 Million Raised For Expanding AI Cyber Range Capabilities

By Amit Chowdhry ● Oct 29, 2025

SimSpace, a Boston-based cybersecurity company specializing in realistic and intelligent cyber ranges, has secured $39 million in new funding through a combination of debt and equity. The round includes participation from new investors BTG Pactual U.S. Private Credit Investments and Communitas Capital, as well as existing backer L2 Point Management. The investment will accelerate SimSpace’s mission to enhance cyber readiness across government agencies, enterprises, and academic institutions facing increasingly AI-powered threats.

Pinetree Therapeutics: $47 Million Series B Raised For Advancing Protein Degraders In Oncology

By Amit Chowdhry ● Oct 29, 2025

Pinetree Therapeutics, a biotechnology company developing targeted protein degraders to treat drug-resistant cancers, has raised $47 million in an oversubscribed Series B financing round. The new capital will fund advancing its lead oncology programs into Phase I clinical trials and accelerate the development of its proprietary AbReptor platform.

Securitize To Go Public Via $1.25 Billion Business Combination With Cantor Equity Partners II

By Amit Chowdhry ● Oct 29, 2025

Securitize, a Miami- and New York-based leader in tokenization infrastructure for real-world assets, announced plans to become a publicly listed company through a definitive business combination with Cantor Equity Partners II (CEPT), a SPAC sponsored by an affiliate of Cantor Fitzgerald. The deal values Securitize at a pre-money equity value of $1.25 billion and positions the company to capitalize on an estimated $19 trillion market opportunity for tokenized assets.

Myriad Venture Partners: Sarah Adams Named As Partner And Head Of Platform

By Amit Chowdhry ● Oct 29, 2025

Myriad Venture Partners, an early-stage venture firm redefining enterprise innovation, has appointed Sarah Adams as Partner & Head of Platform. In this newly created role, Adams will scale the firm’s portfolio value-creation initiatives and strengthen Myriad’s corporate partner networks, reinforcing its model of connecting high-potential founders with Fortune 1000 enterprises.

DRUO: Seed Funding Raised For Expanding Global Payments Network

By Amit Chowdhry ● Oct 29, 2025

Miami-based DRUO, a fintech company focused on transforming how businesses accept payments, has raised seed funding led by Global PayTech Ventures. The investment will enable DRUO to scale its global direct-debit payment network to more than 30 countries by 2026, advancing its mission to make bank-to-bank payments faster, more secure, and more cost-efficient for enterprises and consumers alike.

Fireworks AI: $250 Million Series C At $4 Billion Valuation Raised For Expanding Enterprise Inference Cloud Platform

By Amit Chowdhry ● Oct 29, 2025

Fireworks AI, a rapidly growing inference cloud platform that powers large-scale AI applications for global enterprises, has secured $250 million in Series C funding, valuing the company at $4 billion. The round was co-led by Lightspeed Venture Partners, Index Ventures, and Evantic, with additional participation from existing backer Sequoia Capital.

Arya Health: $18.2 Million Series A Closed For Advancing AI Agents For Post-Acute Care Administration

By Amit Chowdhry ● Oct 29, 2025

Arya Health has secured $18.2 million in Series A funding to expand its AI-driven administrative automation platform for post-acute and home health providers. The round was led by ACME Capital, with participation from Ridge Ventures, Twelve Below, OpenAI executives, and several leading post-acute care providers, bringing the company’s total funding to $25 million.

Maple Bridge Ventures: C$10.2 Million Closed To Back Immigrant Founders

By Amit Chowdhry ● Oct 29, 2025

Maple Bridge Ventures announced the first close of its $20 million CAD debut venture fund at $10.2 million CAD, led by anchor investors Farm Credit Canada and Realize Capital Partners. The fund, founded by Eric Agyemang, supports immigrant founders building high-growth companies in AgriFoodTech, HealthTech, and Enterprise Solutions.

Motive Partners Investing $100 Million In Electric Mind To Advance Financial Services Transformation

By Amit Chowdhry ● Oct 29, 2025

Motive Partners has invested $100 million in Electric Mind, an AI-led services firm focused on engineering transformation for financial institutions. The partnership will drive Electric Mind’s U.S. expansion and deepen its AI and data engineering capabilities for clients in wealth management, banking, and alternative investments.

WideField Security: $11.3 Million Series A Raised For Protecting The Identity Lifecycle

By Amit Chowdhry ● Oct 29, 2025

WideField Security, a cybersecurity company providing complete visibility and protection across the identity lifecycle, has raised $11.3 million in a Series A round led by Crosspoint Capital, with participation from Engineering Capital and others. The company will use the funding to accelerate product development and market expansion amid rising identity-based threats.

RiPSIM: Strategic Investment Raised From Swisscom Ventures

By Amit Chowdhry ● Oct 29, 2025

RiPSIM Technologies, the creator of the world’s first cloud-native platform for generating and delivering mobile network authentication credentials on demand, has announced a strategic investment led by Swisscom Ventures, the venture capital arm of Swisscom AG.

EnCap Investments: $2 Billion PennEnergy Continuation Vehicle Closed

By Amit Chowdhry ● Oct 29, 2025

EnCap Investments announced the closing of a continuation vehicle for PennEnergy Resources, with over $2 billion in capital commitments, marking the largest continuation vehicle formed to date in the upstream energy sector. The transaction enables PennEnergy to continue developing its extensive natural gas portfolio in the Marcellus Shale, while also providing growth capital for future bolt-on opportunities amid a favorable natural gas market.

FSS Technologies: Strategic Investment Raised From Lightview Capital

By Amit Chowdhry ● Oct 29, 2025

Lightview Capital announced a strategic investment in FSS Technologies, a leading provider of integrated fire, security, life safety, and technology solutions for commercial and institutional clients. The partnership will enable FSS Technologies to expand its geographic reach, enhance its service capabilities, and pursue strategic acquisitions, further strengthening its position as a trusted provider of mission-critical safety infrastructure.

Homecourt: $8 Million Series A Raised For Scaling Luxury Fragrance And Homecare Brand

By Amit Chowdhry ● Oct 29, 2025

Homecourt, the fragrance and homecare brand founded by actor and entrepreneur Courteney Cox, has raised $8 million in Series A funding led by CULT Capital to accelerate brand awareness, team expansion, and operational infrastructure.

VentureMed: $28 Million Series C Raised For Expanding FLEX Vessel Prep System And Advancing Vascular Care

By Amit Chowdhry ● Oct 29, 2025

VentureMed Group, a Minnesota-based medical device company developing vessel preparation and access management technologies, has closed a $28 million Series C financing round led by S3 Ventures with participation from existing investor Endeavour Vision.

Macquarie Asset Management: $450 Million Financing For Texas Combined Cycle Gas Turbine Project

By Amit Chowdhry ● Oct 29, 2025

Macquarie Asset Management has announced a $450 million bilateral financing facility for Sandow Lakes Energy Station (SLES) to support the construction of a 1.2-gigawatt combined cycle gas turbine (CCGT) project in Lee County, Texas. The financing will enable SLES to secure essential long-lead equipment, including two Siemens SGT6-9000HL gas turbines, to advance development of a large-scale energy asset designed to power energy-intensive infrastructure.

Sweatpals: $12 Million Seed Funding Raised To Improve Social Connection Through Fitness

By Amit Chowdhry ● Oct 29, 2025

Sweatpals, the community-driven fitness platform pioneering social connection through movement, has raised $12 million in seed funding led by Patron, a16z speedrun, and Kevin Hart’s HartBeat Ventures. The funding will accelerate Sweatpals’ expansion across the United States and enhance its technology for gyms, studios, instructors, and wellness hosts to build thriving fitness communities.

Wild Moose: $7 Million Seed Funding Closed To Improve Site Reliability Engineering

By Amit Chowdhry ● Oct 29, 2025

Wild Moose, an AI-based Site Reliability Engineering (SRE) platform designed to act as a first responder for production incidents, has emerged from stealth with $7 million in seed funding. The round was led by iAngels, with participation from Y Combinator, F2 Venture Capital, Maverick Ventures, and several prominent angel investors, including Joel Pobar (AI researcher at Meta Superintelligence Labs and formerly Anthropic), Jeremy Edberg (Founding SRE at Reddit and Netflix), and Arash Ferdowski (Co-founder of Dropbox).

Encoded Ventures Launched To Back Early-Stage Infrastructure Innovation

By Amit Chowdhry ● Oct 29, 2025

Encoded Ventures, a new early-stage venture capital firm founded by longtime investor Alex Benik, has officially launched, marking a renewed focus on innovation across cloud, data, and cybersecurity infrastructure.

BroadOak Capital Partners Adds $200 Million In Permanent Capital

By Amit Chowdhry ● Oct 29, 2025

BroadOak Capital Partners, a life sciences-focused investment and advisory firm, has secured more than $200 million in permanent capital, expanding its capacity to invest flexibly across the life sciences ecosystem. The new capital strengthens BroadOak’s ability to support companies in life sciences tools, diagnostics, and biopharma services while eliminating the traditional constraints of fund timelines.

OceanPal And NEAR Foundation Launch SovereignAI With $120 Million PIPE Investment

By Amit Chowdhry ● Oct 29, 2025

OceanPal announced the closing of a $120 million private investment in public equity (PIPE) to launch SovereignAI, a wholly owned subsidiary focused on developing blockchain-native AI infrastructure built on the NEAR Protocol. And the new initiative positions SovereignAI as the first publicly listed company platform dedicated to advancing AI sovereignty, data privacy, and decentralized compute infrastructure at scale.

VeroSkills: $5.3 Million Raised To Expand AI-Based Staffing Platform

By Amit Chowdhry ● Oct 29, 2025

VeroSkills, an AI-driven hiring platform dedicated to solving America’s $1 trillion blue-collar labor shortage, announced the closing of a $5.3 million funding round led by Yonder Ventures, with additional participation from Circadian Ventures, Motivate Ventures, Colchuck, and Tony Summerville, founder of Fleetio.

BMG Money: $300 Million Facility Secured From WebBank

By Amit Chowdhry ● Oct 29, 2025

BMG Money, a leading provider of employment-based lending solutions, has secured a $300 million financing facility with WebBank and Waterfall Asset Management, expanding its total financing capacity to approximately $1 billion. This new facility enhances BMG’s ability to offer responsible credit to financially underserved employees across the United States.