Progcap in talks for $100 million funding round, likely to be led by TPG: Sources

February 17, 2026
Posted in Insights
February 17, 2026 asdavi92@gmail.com

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Progcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by global alternate assets manager TPG. Japanese financial services major Mitsubishi UFJ Financial Group could also participate in the round.

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