Kast collects $80M, Advent looks to sell Ultra Marine, and Irenic makes a PE hire
By Chelsea Naso
Published on March 9, 2026.
Singapore-based stablecoin payments platform Kast raised $80m in a Series A, co-led by QED Investors and Left Lane Capital, with Peak XV Partners, HSG and DST Global Partners participating. Dify, a Menlo Park, Calif.-based AI application and agentic workflows developer, raised $30m at a $180m valuation. Isembard raised $50m led by Union Square Ventures, joined by GL Ventures, Alt-Alpha Capital, Mizuho Leaguer Investment and NYX Ventures. Saltz, a Lithuanian digital marketplace for the food industry, raised €20m in Series A funding from EBRD, Inovo, Lifeline Ventures, and Change Ventures. Monomoy Capital Partners agreed to acquire auto services chain Jiffy Lube from Shell for $1.3b. Advent International is exploring a sale of Ultra Maritime, a Braintree, Mass.-based defense-tech company that could fetch over £3b, according to reports. KKR is also reportedly looking to sell data center cooling provider CoolIT Systems in a deal worth over $3b; Liga Portugal, a professional Portuguese soccer league, has hired Oakvale Capital to advise on a potential stake sale in its broadcasting and commercial rights.
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