AI-Native Startup Adaptive Announces $7 Million Seed Round and New Platform Enabling Anyone to Build Custom Apps

Adaptive, a platform that lets people personalize their computer, secured seed funding from Pebblebed, Jake Paul’s venture capital firm, and Roblox’s founder

SAN FRANCISCO, April 22, 2025Adaptive, a startup that enables non‑coders to create software that personalizes computing with AI, has closed a $7 million seed round and opened its platform to the public.

Leading the round is Pebblebed, with participation from Conviction Partners, Jake Paul’s Anti Fund, Radical Ventures, and David Baszucki, founder and CEO of Roblox.

Adaptive doesn’t just let you spin up isolated apps—it weaves them into a single, living ecosystem where data flows freely from one tool to the next. “The ‘personal computer’ hasn’t really been invented yet,” says co‑founder Dennis Xu. “Why can’t the notes I write in one app power reminders in another? Or the contacts I manage in my CRM feed directly into my invoicing tool? It’s time to build tools that talk to each other, on your terms.”

Adaptive.ai is available today in three tiers:

  • Free: up to 11 apps and 20 AI prompts per week
  • Creator ($20/mo): up to 30 apps and 200 prompts weekly
  • Pro ($100/mo): unlimited apps and prompts

With Adaptive, you can personalize your ecosystem by building things like:

  • Build a real‑time Classroom Dashboard: Link a quiz generator to a student‑progress tracker so scores automatically populate a live leaderboard and gradebook.
  • Automate your Retail Workflow: Combine an inventory monitor, point‑of‑sale interface and reorder tool so low stock levels trigger purchase orders without any manual data entry.
  • Create a Dynamic Portfolio Site: Sync a file‑storage app with a public gallery so every new upload instantly appears online, complete with captions pulled from your design notes.

“When BASIC first made programming accessible, the vision was that people would solve their own problems,” says Keith Adams, Pebblebed co-founder. “Adaptive’s AI engine finally makes that vision real—no code, no fuss, total ownership.”

Visit adaptive.ai to start building your own interconnected apps today.

About Adaptive 
Adaptive brings us one step closer to the truly personal computer. They dissolve the barrier between developers and everyday consumers, empowering all users to take full advantage of their computer’s creative potential.

Multimedia: Brand Video
Even/Odd (Creative Studio & Production Company) and Andy Madeleine (Director)

SOURCE Adaptive

AuthMind Announces $19.3M Seed Funding Led by Cheyenne Ventures to Advance Observability-Driven Identity Protection Across Human, Non-Human, and Agentic AI Identities

Observability-based architecture protects identitieshuman, non-human, and Agentic AIacross all enterprise environments, while helping businesses safely accelerate cloud and AI adoption 

BETHESDA, Md., April 22, 2025AuthMind Inc., a leading innovator in identity protection, today announced a $19.3 million seed round led by Cheyenne Ventures. The round included participation from investors at Black Opal Ventures, K2 Access Fund, the Jefferies Family Office, Silver Buckshot Ventures, and Blu Venture Investors, as well as existing investors Ballistic Ventures and IBM.

Modern enterprises face growing risk from fragmented identity infrastructures spanning on-prem, hybrid, cloud, and SaaS environments, intensified by the rise of shadow IT, non-human workloads, and agentic AI. As a result, traditional security tools have failed to keep pace with today’s identity-based threats, including sophisticated, “low-and-slow” and “living-off-the-land” attacks, conducted by groups like Volt Typhoon, which mimics legitimate identity activity. Enterprises need innovative identity protection solutions built on contextual identity observability to effectively detect and stay protected against evolving threats.

AuthMind’s observability-based approach protects all identities across multi-cloud, hybrid, and on-premises environments. Holistic identity observability results in AuthMind’s highest fidelity ability to identify risks and attacks in real time. It empowers security teams to rapidly and securely drive business transformation through cloud adoption and AI integration.

The latest round of financing enables greater acceleration of go-to-market operations and product innovations within the award-winning AuthMind Identity Protection Platform that deploys throughout the enterprise in minutes.

“As enterprises navigate increasingly complex technology environments, the complexity of identity protection has grown exponentially,” said Gregory Eaton, founder and managing director at Cheyenne Ventures. “AuthMind is addressing this challenge head-on with a new approach to identity protection through comprehensive identity observability, giving organizations the context, clarity and control to protect their environments. We are excited to support AuthMind as they lead the way in transforming identity protection.”

“AuthMind is redefining identity protection by providing continuous, context-driven observability, posture management, and threat detection for all identities and their access paths across multi-cloud, SaaS, and on-premises environments,” said Shlomi Yanai, CEO of AuthMind. “With the backing of top investors and advisors, we are poised to expand our market reach and protect enterprises against the growth of identity-based threats driven by today’s cloud migration and the accelerating use of AI tools.”

Trusted by leading organizations worldwide, including top insurance and financial firms, AuthMind is the go-to provider for continuous, identity observability-based identity protection. Learn more or sign up for a free demo at https://www.authmind.com/.

About AuthMind
AuthMind is pioneering observability-driven identity protection with a holistic platform that arms identity and cybersecurity teams with end-to-end, real-time identity security posture management and threat detection. Through unmatched visibility into the activities of identities—human, non-human, and agentic AI—spanning multi-cloud, hybrid, SaaS, and on-premises environments, the AuthMind Identity Protection Platform is the only solution that provides full identity and access context for fast remediation of identity threats and posture issues. Named a Gartner Cool Vendor in Identity-First Security, AuthMind is based in Bethesda, Maryland, with R&D operations in Pune, India. Visit www.authmind.com.

SOURCE AuthMind inc

Emaar Contributed Over US$ 1 Billion to Elevate Dubai’s Global Brand and Visitor Experience

  • Continued Annual Contributions of Over US$ 50 Million to Sustain and Modernise Globally Renowned Events and Attractions
  • Strong Focus on Local Community Impact Through Community Initiatives and Sponsorships

DUBAI, UAE, April 22, 2025 — Emaar, the master developer behind Dubai‘s most iconic landmarks, has invested over US$ 1 billion in shaping and enhancing the city’s global identity. This cumulative contribution underscores the company’s long-standing commitment to reinforcing Dubai‘s international standing through cutting-edge experiences, vibrant cultural platforms, and landmark social infrastructure.

From creating and operating Dubai Fountain—the world’s largest choreographed fountain—and producing the internationally acclaimed New Year’s Eve celebrations at Burj Khalifa, to enabling the launch and continued success of Dubai Opera as the region’s cultural epicentre, Emaar has consistently raised the bar in enriching Dubai‘s urban and cultural fabric.

These signature experiences are sustained and enhanced through ongoing annual investments exceeding US$ 50 million, covering not only the operation and maintenance of key attractions, but also the evolution of immersive technologies and entertainment formats. This includes the modernisation of Burj Khalifa’s façade with next-generation lighting and projection systems, enabling captivating narratives that reach millions of viewers globally.

In addition to its physical contributions, Emaar continues to champion inclusive growth and community wellbeing. Through the Emaar Foundation, the company supports a wide range of local causes—from charitable housing and development programmes to national sports and cultural sponsorships—demonstrating its integral role in nurturing both city and society.

“Emaar’s journey has always been rooted in a vision that transcends construction—it is about crafting experiences that inspire, unite, and leave a lasting impact,” said Mr. Mohamed Alabbar, Founder of Emaar. “Our investments are a testament to our belief in Dubai‘s limitless potential, and we are proud to play a key role in defining its global narrative.”

Emaar’s commitment to excellence, innovation, and community empowerment continues to drive progress, shaping Dubai‘s future as a leading global hub. With bold ideas and sustained contributions, the company is poised to play an even greater role in defining the city’s next chapter as it strives to become one of the most admired destinations in the world.

Photo – https://mma.prnewswire.com/media/2669171/Emaar.jpg

SOURCE Emaar

UbiQD Secures $20M in Series B Funding to Scale Quantum Dot Technology Across Industries

Investment to Expand Manufacturing, Accelerate R&D, and Strengthen U.S. Leadership in Next-Generation Nano Materials 

LOS ALAMOS, N.M., April 22, 2025 — UbiQD®, a global leader in quantum dot (QD) technology, today announced the close of its $20 million Series B financing round. The round was led by Phoenix Venture Partners (PVP), with participation from Builders VC, Azura Group, Builders Vision, Stout Street Capital, Seraph Partners, Scout Ventures, New Mexico Vintage Fund, and others. The new investment highlights investors’ growing confidence in UbiQD’s innovative solutions and market potential.

Breakthrough Technology for High-Growth Markets 

UbiQD’s proprietary quantum dot technology is revolutionizing light utilization in greenhouse agriculture, solar energy, security and other critical industries. By enhancing the efficiency, durability, and sustainability of fluorescence in these applications, the company is addressing major challenges across multiple sectors.

The company’s innovations build on the foundational work recognized by the 2023 Nobel Prize in Chemistry, awarded for the discovery and development of quantum dots. Some of UbiQD’s core intellectual property includes one of the Nobel laureates as an inventor. These tiny nanocrystals, whose properties change based on their size, have opened new possibilities in light optimization, with applications ranging from solar, display, security, medicine, agriculture, design, and more.

“PVP specializes in backing deep tech and advanced materials companies with the potential to reshape industries—and UbiQD is doing exactly that. Aside from their breakthrough QD technology, what impressed us about UbiQD are the diversity of attractive end-applications they are serving and the ability to easily scale the technology.” said Dr. Sheng Peng, Partner and deal lead with Phoenix Venture Partners. “From agriculture to solar to security, they’ve built real traction with major industry players, turning scientific innovation into commercial success. In today’s investment climate, that kind of adaptability and market validation is critical, and we’re excited to support UbiQD as they continue to lead the way in the quantum materials space.”

Fueling Growth and Expansion 

Funding from the Series B will be used to scale up manufacturing, expand R&D capabilities, strengthen intellectual property, enhance marketing efforts, and support working capital needs. Additionally, UbiQD is making significant upgrades to its existing facilities in Los Alamos and new infrastructure is planned as part of its broader expansion strategy. A key milestone in UbiQD’s growth roadmap includes plans to build the globe’s largest and most efficient QD supply chain.

“Every major advancement in the history of humankind has been underpinned by materials innovation but unlocked by manufacturing scale, from the iron age to the semiconductor age. Quantum dots provide an excellent example of this, being at the heart of an ongoing nano- and quantum-technological revolution,” said Hunter McDaniel, PhD, founder and CEO of UbiQD. “With our pioneering work in quantum nanotechnology, we are advancing innovation and establishing the U.S., and New Mexico, as a leader in these transformative fields.”

For the solar industry—just one of many sectors benefiting from this technology—quantum dots can improve energy conversion efficiency, ultimately lowering cost-per-watt for photovoltaic panels. In February 2025, UbiQD announced the acquisition of Blue Dot Photonics, a company specializing in enhancing solar module performance using perovskite-based quantum-cutting materials. With this acquisition, UbiQD is uniquely positioned to drive down costs and enhance the adoption of next-generation solar technologies.

“This is far more than a scientific milestone—it’s a material breakthrough with transformative commercial potential,” said Jim Kim, General Partner at Builders VC. “Hunter and the UbiQD team have successfully translated quantum dot technology from the lab to real-world applications, creating scalable solutions for solar energy and agriculture. With accelerating customer adoption, a new factory underway in New Mexico, and industrial-scale production on the near horizon, the outlook is incredibly bright.”

About UbiQD, Inc.

UbiQD® (pronounced ‘ubiquity’) is a global leader in quantum dot manufacturing and technology. Founded in 2014, the company is powering product innovation in agriculture, clean energy, and security. UbiQD’s quantum dots enable products that harness the power of color and light, and their greenhouse technology, UbiGro®, uses fluorescence to create a more optimal greenhouse spectrum for crops. Headquartered in Los Alamos, New Mexico, UbiQD is licensing technology developed at leading research institutions, including Los Alamos National Laboratory and M.I.T. To learn more, please visit https://UbiQD.com and https://UbiGro.com.

CONTACT: [email protected] 

SOURCE UbiQD, Inc.

Capably Raises $4M to Replace Legacy Automation and Lead the Next Wave of Agentic AI-Powered Automation

Investment led by Boost Capital Partners, with participation from other EU and US investors, including Concept Ventures, Sure Valley Ventures, Araya Ventures, Haatch, Koro Ventures, Wayra, and Ascension.

LONDON, April 22, 2025 — Capably, the Intelligent Automation platform, has raised $4 million to help businesses effortlessly delegate work to AI across their organizations.

Capably empowers professionals to automate complex tasks with AI in minutes, regardless of their level of technical expertise. Operating autonomously in the background, Capably acts as an extension of the teams it supports, driving greater productivity and efficiency. Anyone in the company can use Capably to automate back-office tasks like data entry and processing, generate insights and reports, manage projects, and more—all while the organization maintains complete control and visibility over how and when employees delegate work to AI.

Founded by Rafa Pulido and Nicolas Trésegnie, seasoned entrepreneurs with a proven track record of building and scaling category-creation startups, Capably is setting the standard for how modern teams automate work with AI. The co-founders bring C-level experience from multiple successful exits, including their time together at SuperAwesome—the world’s largest kids’ digital engagement platform—acquired by Epic Games in 2020.

Why Company-Wide Automation Hasn’t Worked for Most Organizations—Until Now

For years, companies have struggled with automating business processes. Traditional Robotic Process Automation (RPA) platforms, often marketed as no-code or low-code solutions, promised simplicity but delivered complexity instead: rigid setups, steep learning curves, slow time to value, and costly maintenance. More recently, businesses saw a glimmer of hope with the emergence of AI Agents, offering more flexibility and intelligence than their rule-based RPA predecessors. Unfortunately, the probabilistic nature of LLMs has made AI Agents unreliable when handling routine tasks.

Capably Makes AI Work Delegation Reliable and Easy for Every Business

Capably closes the gap between the rigidity of legacy automation tools and the unreliability of AI agents with Intelligent Automation. Capably’s proprietary technology combines traditional automation with Agentic AI, enabling complex, repetitive Agentic Workflows to run at scale without sacrificing control or reliability. All of this is delivered through a platform so intuitive that no employee training is required. This new investment round enables Capably to expand its product offering and meet the fast-growing demand for effortless, trustworthy, and accessible AI-driven work delegation.

Rafa Pulido, CEO and Co-founder of Capably: “Businesses have been overwhelmed by a flood of automation and AI tools in recent years, yet expectations have fallen short. Companies are ready to evolve, but the noise in the market has created more confusion than clarity. Over 70% of organizations experimenting with AI are failing to turn it into scalable business value. Capably solves this problem by cutting through that noise, delivering the right technology and being the trusted partner who helps organizations spend less time on tedious tasks and more on the work that truly drives them forward.”

Benjamin Torrero, Principal at Boost Capital Partners, adds: “AI is transforming how people and businesses operate, and delegating work to AI is the future. Capably is leading this shift, and we’re excited to back them in redefining the way work gets done.”

With this investment, Capably is poised to accelerate the adoption of Intelligent Automation, empowering employees within organizations to work smarter, faster, and more efficiently than ever before. 

About Capably

Capably is the Intelligent Automation Platform that helps businesses adopt AI for smarter work delegation. Founded by Rafa Pulido and Nicolas Trésegnie, Capably enables professionals to automate complex tasks in minutes without technical expertise. From Marketing and Sales to Finance and Operations, the platform seamlessly operates in the background as an extension of teams, enhancing productivity while ensuring organizations maintain complete control and visibility over their AI-driven work delegation.

Photo – https://mma.prnewswire.com/media/2666277/Capably_Founders.jpg
Logo – https://mma.prnewswire.com/media/2666276/Capably_logo.jpg

SOURCE Capably

Irrigreen Secures $19M Series A to Lead the Future of Smart Lawn Care

With over 350 million gallons of water saved, Irrigreen launches new AI tool to help homeowners save water, time, and money

EDINA, Minn., April 22, 2025Irrigreen, the leader in robotic irrigation systems, today announced it has secured nearly $19 million in Series A financing. Backed by new and existing investors including Natural Ventures, Burnt Island Ventures, Ulu Ventures, MFV Partners, Tamiami, and Sum Ventures, this round brings the company’s total funding to almost $34 million. This round will help Irrigreen solidify its position as the leader in precision irrigation technology and deliver advanced solutions to maximize convenience, efficiency, and water savings for the 80+ million residential lawns in the U.S.

Irrigreen brings a new level of intelligence to a category long overdue for disruption. Water bills are up nearly 20% in recent years, and yet traditional sprinklers, which account for one-third of household water use, waste up to 50% through inefficient, outdated watering methods. With more than 8 patents in precision spray technology, Irrigreen offers an entirely new approach: robotic sprinkler heads, digitally mapped lawns, real-time weather analysis, and water applied with beautiful accuracy only where and when it is needed. These new funds will fuel Irrigreen’s next phase of research and product development, to redefine what’s possible for sustainable landscapes.

Irrigreen has also released an AI-powered quoting tool that leverages satellite imagery to detect lawn space and provides an instant configuration of sprinkler heads optimized for water use. Starting today, prospective customers can simply enter their address on Irrigreen’s site and receive an instant design of their custom sprinkler system and potential water bill savings.

“No more sidewalk spray, dead patches in the yard, harmful chemical runoff down the drain, or dodging the sprinkler on the way to work,” said Shane Dyer, CEO of Irrigreen. “By following the unique contours of your yard, Irrigreen delivers a healthier, greener lawn with dramatically less water. We’re not just upgrading sprinklers—we’re redefining what outdoor smart tech can do. It’s the lawn you’ve dreamed about, without the waste or the worry.”

Irrigreen recently launched Smart Controller 3, its newest breakthrough product and winner of the 2025 Green GOOD DESIGN Sustainability Award. Smart Controller 3 delivers intuitive live-weather automation, deeper insights into water use, and enhanced controls, integrations, and notifications. Installing or upgrading an Irrigreen system is easier than ever before, with more than 300 installation partners spanning nearly every U.S. state. Looking ahead, Irrigreen is laser-focused on bolstering its suite of convenient, high-tech, and eco-friendly solutions that ease the environmental and financial burden of one of the world’s most pressing climate issues: inefficient irrigation.

“The world needs more innovative solutions like Irrigreen that address environmental challenges, lower costs, and simplify daily life,” said Tom Ferguson, Founder and Managing Partner at Burnt Island Ventures. “We’re thrilled to support them in this exciting growth stage as they modernize a critical aspect of water usage and waste. This is only the beginning of what promises to be a transformative journey in the future of irrigation.”

Visit www.irrigreen.com for an instant quote and more information. Contractors can apply to join Irrigreen’s growing Partner Program to install or sell systems with 80% less piping and faster installation time.

About Irrigreen
Irrigreen is the most efficient sprinkler system on the planet. Using approximately 50% less water, a single head maps and precisely irrigates where needed, saving customers up to 50% annually on their outdoor water bill. Controlled from an app, five Irrigreen heads can replace a forty-head traditional system, offering streamlined installation at a comparable price. Irrigreen is better for your lawn, your wallet, and the planet. Irrigreen is based in San Francisco, California and Edina, Minnesota.

Media Contact
Nina Rowan
[email protected]

SOURCE Irrigreen

Pegasus Tech Ventures to host a Startup Pitch Competition during San Francisco Climate Week

SILICON VALLEY, Calif., April 22, 2025 — Pegasus Tech Ventures, a global venture capital firm, will hold a Startup Pitch Contest during San Francisco Climate Week on April 23, 2025.  The event will focus on emerging energy solutions, allowing innovative startups to present their transformative technologies in areas such as:

  • Energy industry modernization,
  • Energy supply chain optimization,
  • Artificial intelligence and machine learning, and
  • Climate technologies.

The winning startup will receive an exclusive invitation to the Startup World Cup Grand Finale, where they will compete with more than 100 regional champions from around the world for a $1,000,000 investment.

Startup World Cup, created by Pegasus Tech Ventures, is a global startup pitch competition designed to celebrate entrepreneurship and connect innovation ecosystems worldwide. In 2025, Startup World Cup will host events on October 15, 16, and 17 with the Grand Finale occurring in Silicon Valley on October 17.  Entrepreneurs and investors interested in participating in the Startup World Cup can find more information at www.startupworldcup.io

The regional Startup Pitch Contest on April 23 will be cosponsored by Marathon Petroleum Corporation (NYSE: MPC), the nation’s largest fuels manufacturer with a nationwide refining and midstream footprint.

Marathon Petroleum and Pegasus Tech Ventures collaborate to leverage each other’s networks and capabilities to identify, evaluate, and invest in emerging technology companies within the energy landscape.  This reflects Marathon Petroleum’s commitment to strengthen the resilience of its business, innovate for the future, and embed sustainability throughout its value-chain, while also enhancing operational performance. Marathon Petroleum has made investments in several emerging technology companies, supported by Pegasus Tech Ventures, with the objective of advancing the technology while pursuing lasting strategic and financial value. 

“As the global leader in Venture Capital-as-a-Service, Pegasus Tech Ventures partners with companies like Marathon Petroleum to complement corporate innovation by tapping into the breakthrough solutions being developed by entrepreneurs all over the world,” said Anis Uzzaman, Founder and CEO of Pegasus Tech Ventures. “Our global network is expanded by Startup World Cup, which brings together key startup ecosystem players, including corporations, investors, and brilliant entrepreneurs pushing the boundaries of what’s possible.”

About Pegasus Tech Ventures

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley with over $2 Billion in assets under management. Pegasus offers venture capital and corporate connections to emerging technology companies around the world. In addition to delivering venture capital returns, Pegasus offers a unique Venture Capital-as-a-Service (VCaaS) model for global corporations wishing to partner with cutting-edge technology startups. Some of the 40+ corporate partners that have partnered with Pegasus include Marathon, ASUS, Aisin, SEGA, Niterra, Sojitz, Calbee, and Denka. Pegasus has invested in over 270 companies around the world, including SpaceX, OpenAI, Airbnb, SoFi, Doordash, Anthropic, and xAI, among others. Learn more at www.pegasustechventures.com.

About Startup World Cup

Startup World Cup is now the #1 startup pitch competition in the world. Powered by Pegasus Tech Ventures, Startup World Cup hosts over 100 regional events across 60+ countries. These events culminate with the Startup World Cup Grand Finale event, where winning startups from each regional event compete for a $1 Million investment grand prize, in the form of a cash investment. The 2025 Grand Finale is being held on October 17th in San Francisco. For more information and a complete list of upcoming regional events, visit: Startup World Cup.

SOURCE Pegasus Tech Ventures

GreenFi Launches as New Climate-Friendly Consumer Financial Brand, Secures $17 Million Investment

SAN FRANCISCO, April 22, 2025 — GreenFi launches today, introducing a new brand for climate-friendly banking and investing for consumers. This launch marks the next milestone in restructuring the former Aspiration consumer finance business following last year’s asset buyout. Tim Newell, Founder and CEO of GreenFi, also announced the funding of a $17 million seed investment round in the company.

GreenFi emerged from the 2024 acquisition of Aspiration’s consumer fintech brand by Mission Financial Partners (MFP), led by Newell, the former head of the consumer fintech division at Aspiration and former leader of Tesla’s financial products team. This spin-out established GreenFi as a new independent company dedicated to providing climate-friendly financial solutions. The $17 million investment will accelerate GreenFi’s development of new banking, credit, and investment products that deliver both strong financial value and sustainability.

“We’re proud to launch GreenFi, a brand that demonstrates you can prioritize both your financial well-being and the planet,” said Newell. “GreenFi offers our customers an easy way to align their financial goals with their values, knowing their money is supporting a healthier environment.

The transition to GreenFi will be seamless for existing customers. Accounts will automatically transfer from Aspiration to GreenFi with no disruption. Checking, savings, and investment accounts will remain intact, and all deposits will continue to be free from fossil fuel funding. Customers will continue to make a positive environmental impact with every transaction.

“All of us have the power to make a real difference right now, despite what we see happening in the world, by simply choosing where to bank,” added Newell. “Every dollar spent, invested, or saved with GreenFi is a choice that helps build a sustainable future. Last year alone, our customers funded the planting of more than 4.3 million trees – that’s a tree every 7.3 seconds, or enough trees to reforest more than two and a half football fields a day.”

In the coming months, GreenFi plans to introduce enhanced financial products, including higher-yield savings accounts, climate-friendly credit cards, additional impact investments, and green loans.

About GreenFi

GreenFi (formerly Aspiration) is a leading climate-friendly banking and investing brand, empowering customers to align their financial goals with their values. GreenFi offers a range of sustainable financial products, including checking, savings, and green investment accounts. By integrating climate-friendly choices into everyday banking, GreenFi aims to create a sustainable future for those who want to invest both in their financial well-being and the planet. GreenFi is a financial technology company, not an FDIC-insured bank. Banking Services provided by Coastal Community Bank, Member FDIC. Visit greenfi.com to learn more.

Media Contact
Jenny Beres
Pink Shark PR
941-993-7222
[email protected] 

Contact for Tim Newell
Tim Newell
Founder and CEO, GreenFi
[email protected] 

SOURCE GreenFi

SKY Leasing Raises $1.35 Billion for its Flagship Fund – SKY Fund VI, L.P.

SAN FRANCISCO, April 22, 2025 — SKY Leasing LLC (“SKY Leasing” or “SKY”), a leading alternative investment manager with extensive experience in aviation investments, is proud to announce the final close of its flagship fund, SKY Fund VI, L.P. (together with its parallel fund, “SFVI” or the Fund”). The Fund closed significantly above its target with over $1.35 billion in capital commitments, reflecting strong support from both existing and new investors, including global insurance companies, sovereigns, pension funds, endowments, foundations, and family offices. 

SKY Leasing’s specialized expertise, long-standing relationships, and multi-decade track record in the aviation sector have been pivotal in attracting significant investor interest. The Fund continues SKY Leasing’s successful investment program, focusing on providing innovative capital solutions to airlines primarily through the sale-leaseback of new and current technology aircraft.

“The capital raised for SFVI is a testament to the strong institutional investor demand for SKY’s unique approach to origination and portfolio construction. Our global airline partners increasingly seek capital to transition their fleets from current to new technology aircraft,” said Austin Wiley, Chief Executive Officer of SKY Leasing.

To date, SFVI has committed over $600M of capital to acquire a fleet of 62 aircraft. SFVI, and its predecessor flagship funds, have been consistent in focusing on opportunities that generate attractive risk adjusted returns with strategically important airlines across the globe. This seasoned approach enables SKY Leasing to act as a key partner to aviation industry participants, creating value in complex situations.

Eaton Partners acted as the exclusive global placement agent for the Fund and Kirkland & Ellis LP acted as legal counsel for the Fund.

About SKY Leasing

SKY is an alternative investment manager dedicated to providing asset-focused capital solutions to airlines globally. With a global presence across five offices in San Francisco, Dublin, New York, Miami, and Singapore, SKY leverages a 30-year history of global aviation relationships, technical asset management expertise, and a disciplined investment framework, to originate unique investment opportunities with an emphasis on seeking downside protection and stable cash flow. The company’s fund management business was founded in 2019 with a minority investment from M&G Investments. As of March 2025, the company manages over $5 billion of aviation assets. For more information about SKY Leasing, visit www.skyleasing.com.

Media Contact:
Anne Marie Scaramuzza
[email protected] 

SOURCE SKY Leasing