Amit Chowdhry

IREN and Wingspire Equipment Finance completed a $363 million equipment financing transaction to support IREN’s growing AI compute operations.

Rendezvous Robotics has raised $20 million in an oversubscribed seed round to develop modular spacecraft that can autonomously assemble and reconfigure themselves once in orbit. MaC Venture Capital and Toyota Ventures co-led the financing. The University of Michigan Endowment also made a significant investment, while Astera, Industrious Ventures, Aurelia Foundry, ATX Venture Partners, Mana Ventures, and other investors participated.

William Blair has acquired Armentum Partners, a boutique debt and alternative capital advisory firm serving venture-backed companies, public companies, academic institutions, and other organizations.

Hive has raised a $27 million Series B investment from Frontier Growth to expand its marketing platform for the live events industry and accelerate development of new artificial intelligence capabilities.

Inovia Capital has held a $200 million first close for Inovia Venture Fund 6, its latest venture capital fund focused on backing technology companies and emerging frontier technologies.

Foundation Source is a financial technology and philanthropic services company that helps individuals, families, financial advisors, and institutions establish and manage charitable giving programs. The company provides technology, administration, and specialized expertise across private foundations, donor-advised funds, planned giving, and other charitable vehicles. Under the leadership of CEO Joseph (Joe) Mrak III, Foundation Source has expanded into a broader PhilTech platform through strategic acquisitions and enterprise partnerships. As of year-end 2025, the company supported more than 5,600 private foundations, 20,000 donor-advised fund accounts, and 1,700 nonprofits, while administering more than $55 billion in charitable assets. Pulse 2.0 interviewed Foundation Source CEO Joe Mrak to learn more about his background in financial technology, the emergence of PhilTech, the company's growth strategy, AI-powered philanthropy solutions, and the expanding role of charitable giving within wealth management.

Northstar Security has emerged from stealth with $7 million in seed funding to develop its agentic AI platform for identifying and resolving interconnected cybersecurity risks. The round was led by Wing Venture Capital, with participation from MVP, Outliers, and cybersecurity industry veterans Gerhard Eschelbeck, Renaud Deraison, and Justin Somaini.

Narmi is a financial technology company that provides an integrated digital banking platform for community banks and credit unions. Its Narmi One platform supports consumer and business digital banking, account opening, card management, and administrative operations, while incorporating artificial intelligence tools to improve efficiency and customer experiences. Co-founded by Nikhil Lakhanpal and Chris Griffin, the company focuses on helping regional and community financial institutions compete with larger banks and fintech companies through modern, customizable technology. Pulse 2.0 interviewed Narmi Co-Founder Nikhil Lakhanpal to learn more about the company's origins, digital banking technology, practical AI applications, customer success stories, and its recent Innovators Retreat in Detroit.

General Atlantic and 32 Equity, the National Football League's strategic investment vehicle, have formed a global strategic partnership to pursue growth investment opportunities across the sports industry.

Partners Group has closed its second rated feeder vehicle of 2026 for its private credit evergreen strategy, raising $510 million from U.S.-based insurance companies.