Venture Capital

Nordic Capital: Evolution II Closed At €2 Billion

By Amit Chowdhry ● Dec 27, 2024

Nordic Capital announced the first and final closing of Nordic Capital Evolution II at the hard cap of €2 billion. Raised within four months from launch with excess demand, this fund closed at its hard cap and significantly exceeded its target of €1.4 billion. Evolution II had attracted excess demand from its launch and benefited from strong support from its current investor base, with a high re-up rate of over 100% by capital and significant LP commitments from new investors and geographies, such as a substantial increase from the Americas.

SV Health Investors: A.J. Rossi Promoted To Partner

By Amit Chowdhry ● Dec 27, 2024

SV Health Investors - a leading healthcare-focused private equity firm - announced the promotion of A.J. Rossi to Partner on the firm’s Growth-Buyout team. In this new role, A.J. will continue to lead investments and manage the SV portfolio while helping to drive the firm’s growth initiatives across the healthcare sector.

KKR Investing In Internet Restaurant Company Rebel Foods

By Amit Chowdhry ● Dec 27, 2024

Leading internet restaurant company Rebel Foods and global investment firm KKR announced the completion of an investment in Rebel Foods by affiliates of KKR. Through this deal, KKR will support the Company’s growth, including its expansion in India and the Middle East and adding more food and beverage brands to its portfolio.

Ardonagh Raises Funding From Stone Point Capital At $14 Billion Valuation

By Amit Chowdhry ● Dec 27, 2024

Stone Point Capital has agreed to invest in Ardonagh Group, enabling it to become a significant shareholder in the insurance broker. The investment funds managed by Stone Point Capital value Ardonagh at $14 billion.

Mantis: $5 Million Raised For Advancing Human-Centric Robots

By Amit Chowdhry ● Dec 27, 2024

Mantis Robotics, a company focused on Physical AI for robotic automation, announced it has secured $5 million in new investments led by Emerald Technology Ventures with participation from the Amazon Industrial Innovation Fund. This funding will enable Mantis Robotics to scale its operations, enhance its product portfolio, and expand its presence in the rapidly growing industrial robotics market.

Proton Intelligence: Continuous Potassium Monitoring Company Raises $6.95 Million (Seed)

By Amit Chowdhry ● Dec 26, 2024

Proton Intelligence, a company developing the first-ever Continuous Potassium Monitoring (CKM) platform, announced the closing of its $6.95 million Seed Financing round joined by SOSV, We Venture Capital, Tenmile, LongeVC, 15th Rock, Exor, and Trampoline Venture Partners.

Walker & Dunlop: $245 Million Financing Secured For Jersey City Development

By Amit Chowdhry ● Dec 26, 2024

Walker & Dunlop announced that it arranged a $245 million loan from TYKO Capital to facilitate the construction of The Greyson, which is a 28-story, 622-unit Class-A mixed-use tower that will be located in Jersey City, New Jersey.

Nodepay: Decentralized AI Platform Company Raises $7 Million

By Amit Chowdhry ● Dec 26, 2024

Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, announced it has raised a second round of funding, bringing the total to $7 million.

AusperBio: $73 Million (Series B) Raised To Advance Targeted Oligonucleotide Therapies

By Amit Chowdhry ● Dec 26, 2024

AusperBio, a privately held clinical-stage biotechnology company dedicated to advancing targeted oligonucleotide therapies to achieve a functional cure for chronic hepatitis B (CHB), announced the completion of a $73 million Series B funding.

Leap: $3.5 Million (Seed) Raised To Transform Financial Service Delivery

By Amit Chowdhry ● Dec 26, 2024

Leap Financial announced a $3.5 million seed raise led by Fuel Venture Capital, with investment from Ascendo Venture Capital.

Bluenote: AI-Based Life Sciences Company Raises $10 Million

By Amit Chowdhry ● Dec 26, 2024

Brooklyn Artificial Intelligence Research Raises Strategic Funding From Several Investors

By Amit Chowdhry ● Dec 26, 2024

Brooklyn Artificial Intelligence Research announced the closing of a strategic funding round led by Atypical Ventures, with participation from S&P Global Ventures, the CEO of the Hantz Group, and asset and wealth management executives.

GoldenTree Asset Management Closes $500 Million CLO

By Amit Chowdhry ● Dec 26, 2024

GLM III, LP (GLM III) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers GoldenTree), announced the closing of a $500 million collateralized loan obligation (CLO) to be managed by GLM III.

bolttech: Insurtech Company Raises Series C Funding At $2.1 Billion Valuation

By Amit Chowdhry ● Dec 26, 2024

Global insurtech company bolttech announced Dragon Fund, by Liquidity and MUFG, is leading bolttech's Series C funding round along with investors Baillie Gifford, Generali – through Lion River, the Group's company dedicated to Private Equity, and others.

BILT: 3D Intelligent Instruction Company Raises $21 Million

By Amit Chowdhry ● Dec 26, 2024

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

Craigs Investment Partners Signs Strategic Partnership with TA Associates

By Amit Chowdhry ● Dec 25, 2024

Craigs Investment Partners (a leading wealth management firm in New Zealand) announced that private equity firm TA Associates has signed a conditional agreement to make a strategic investment in the firm. Under the terms of the deal, Craigs’ existing employee and director shareholders will retain 50 percent ownership of the Firm, partnering closely with TA.

Crosscut Ventures: Jon Ylvisaker Named As Partner In Energy Innovation Strategy

By Amit Chowdhry ● Dec 25, 2024

Crosscut Ventures announced the appointment of Jon Ylvisaker as Partner. Bringing more than 25 years of investment experience, Jon will join Crosscut to accelerate the firm's growth and advance its commitment to scaling early-stage technology solutions in Crosscut fund six and beyond.

First Resonance: Digital Manufacturing Solutions Company Raises $12.5 Million

By Amit Chowdhry ● Dec 25, 2024

First Resonance - a leader in digital manufacturing solutions - announced the closing of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12. This round, which brings the total funding raised to $32 million, marks a significant step in advancing First Resonance's ION Factory OS platform, introducing new levels of efficiency, responsiveness, and sustainability to manufacturing. This funding enables First Resonance to deepen customer support and enhance platform reliability while fueling continued product innovation.

GEMMABio: $34 Million (Seed) Raised For Advancing Gene Therapy Advancements

By Amit Chowdhry ● Dec 25, 2024

GEMMA Biotherapeutics - a new therapeutics company founded by gene therapy pioneer Dr. Jim Wilson - announced the completion of a $34 million seed funding round to accelerate its groundbreaking gene therapy initiatives.

Allo: RWA Tokenization Company Raises $100 Million In Debt Financing

By Amit Chowdhry ● Dec 25, 2024

Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, announced it has secured a $100 million Bitcoin-backed credit facility. This credit facility will further enhance Allo's BTC-backed lending services, catering to institutional and individual participants looking to engage in the growing crypto lending market.

HuLoop: AI-Based Intelligent Automation Company Raises Series A

By Amit Chowdhry ● Dec 25, 2024

HuLoop Automation, a leader in radically fast and affordable AI-based intelligent automation, announced its Series A funding round closing. Even though the specific terms aren't being announced publicly, the round was led by Mighty Capital, with significant participation from Moneta Ventures.

Kurrent: Event-Native Data Platform Company Raises $12 Million

By Amit Chowdhry ● Dec 25, 2024

Kurrent, an event-native data platform innovator, announced $12 million in funding, its rebranding from Event Store, and the official launch of Kurrent Enterprise Edition (now commercially available).

Jome: AI-Based Real Estate Marketplace Company Secures $9.8 Million (Series A)

By Amit Chowdhry ● Dec 25, 2024

Jome, an AI-based real estate marketplace that helps buyers find, compare, and purchase new construction homes, announced a $9.8 million Series A funding round led by Geek Ventures with participating investors U.Ventures, Toloka VC, and Forefront VP. The funding will expand its regional footprint in the U.S. Jome, formerly NewHomesMate, now operates in 16 major U.S. cities, including Austin, Denver, and Miami, listing 90% of available new construction inventory.

Embotech: CHF 23.5 Million Raised For Expanding Autonomous Driving Solutions

By Amit Chowdhry ● Dec 25, 2024

Embotech, an innovator in autonomous driving solutions for industrial logistics, announced it has received 23.5 million CHF (about $27 million) in Series B funding to help the company scale its Automated Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions in Europe, and ultimately in the United States, Middle East, and Asia. This funding round was led by Emerald Technology Ventures and Yttrium, with additional funds from BMW i Ventures, Nabtesco Technology Ventures, Sustainable Forward Capital Fund, RKK VC, and existing investors.

Sitemate: $18 Million (Series A) Raised To Build No Code Software Platforms

By Amit Chowdhry ● Dec 24, 2024

Sitemate, a software company building no-code software platforms for built world companies, today announces it has raised an $18 million Series A led by Blackbird, with participation from existing investors Shearwater Capital and Marbruck.

Cadstrom: AI Expert System Company Raises $6.8 Million (Seed)

By Amit Chowdhry ● Dec 24, 2024

Cadstrom, an AI-based expert system that enables electrical engineers to design electronic devices correctly on the first try, announced that it raised $6.8 million in seed funding. The funding round was led by Bison Ventures and included participation from Innovation Endeavors and AI2 Incubator, which previously invested $650K in a pre-seed round.

Ubiquity: Over $400 Million Green Debt Construction Financing Raised

By Amit Chowdhry ● Dec 24, 2024

Ubiquity - a digital communications infrastructure owner, operator, and developer - announced it has successfully secured $420 million in green construction financing facilities, with proceeds used to expand deployment of last-mile open-access fiber networks across its core markets in Texas, California, Arizona, and Nebraska.

Blue J: AI-Based Tax Research Company Raises Series C

By Amit Chowdhry ● Dec 24, 2024

Blue J, a leading provider of generative AI-based tax research to accounting and tax professionals, announced its Series C funding round led by Ten Coves Capital, a growth equity firm specializing in financial technology. The funding will advance Blue J’s mission to transform tax research by delivering instant, reliable answers that combine advanced AI technology with authoritative content from leading sources, including Tax Notes, a respected publication of tax news, analysis, research, and reference tools.

Corvias: Over $560 Million Secured For Supporting Privatized Military Housing Portfolio

By Amit Chowdhry ● Dec 24, 2024

Corvias announced it raised access to over $560 million in capital to support its privatized military housing portfolio, which is owned in partnership with the U.S. Army across six installations.

Retellio: $1.3 Million Raised To Help B2B Companies Access Customer Insights

By Amit Chowdhry ● Dec 24, 2024

Retellio, a B2B software platform that uses AI to extract key moments from customer calls and turn them into concise, insight-rich podcasts, announced $1.3 million in funding led by Pelorus Ventures, with participation from Island Capital, East Valley Ventures, The51, the Women’s Equity Lab and others.