Private Equity 3 Hours

Last updated: April 29, 2026, 2:30 PM ET

Venture Capital & Government Tech

Venture financing for specialized government contracting platforms continues, as Pursuit secured a $22 million seed round led by Open Gov co-founder Mike Rosengarten, attracting notable backing from figures like Bill Gurley and Jack Altman. This infusion of capital aims to streamline corporate sales processes into federal agencies, contrasting with the broader pullback seen in general software financing.

Private Equity Deal Activity

OpenGate Capital is reportedly with the purchase of TotalSafety’s EMEA division, a specialist provider of mission-critical safety and compliance solutions for the petrochemical and oil and gas sectors across Europe, the Middle East, and Africa. This acquisition suggests continued private equity appetite for essential industrial services operating in complex regulatory environments.