Pulse 2.0

Shell: $1.3 Billion Sale Of Jiffy Lube And Premium Velocity Auto To Monomoy Capital Partners

Servier Acquiring Day One Biopharmaceuticals For About $2.5 Billion

Nexthop AI: $500 Million Series B Raises Valuation To $4.2 Billion To Advance AI Data Center Networking

NewEdge Capital Group: $6 Billion Stonegate Investment Group Affiliation Expands Pillar Channel Past $14 Billion

Janney Montgomery Scott: Financial Advisor Scott Patterson Joins Wealth Management Team In Maryland

Ardian: $20 Billion Real Estate Secondaries Platform Launched With ADIA

By Amit Chowdhry ● Today at 8:53 AM

Ardian announced it has reached an agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority to launch a new real estate secondaries platform aimed at capturing opportunities in the rapidly growing market segment.

Glade Brook: $1 Billion Gondola Fund Closed For Global Technology Growth Investments

By Amit Chowdhry ● Today at 8:50 AM

Glade Brook Capital Partners announced the oversubscribed close of its Glade Brook Gondola Fund with more than $1 billion in capital commitments, marking a significant expansion of the firm’s growth equity strategy focused on global technology companies.

Harvest Group Secures Growth Investment To Expand Technology And Retail Capabilities

By Amit Chowdhry ● Today at 8:48 AM

Harvest Group, an integrated commerce agency serving high-growth consumer brands, announced that it has secured a growth investment from Mountaingate Capital to accelerate expansion of its commerce capabilities and proprietary technology platform.

Nectir: $12.5 Million Raised To Scale AI Infrastructure For Higher Education

By Amit Chowdhry ● Today at 8:46 AM

Nectir, a company building secure artificial intelligence infrastructure for schools, announced it has raised $12.5 million in new funding to expand its platform designed specifically for higher education institutions. The funding round was led by Rethink Impact and included participation from Gingerbread Capital and Strada, as well as existing investors.

Agenus: $20 Million Triggered Under Zydus Life Sciences Collaboration To Support BOT And BAL Manufacturing

By Amit Chowdhry ● Today at 8:45 AM

Agenus announced that it has triggered the first $20 million contingent payment under its previously disclosed strategic collaboration with Zydus Life Sciences to support manufacturing activities for its lead immuno-oncology programs botensilimab (BOT) and balstilimab (BAL).

Medtronic: $550 Million Acquisition Of Scientia Vascular To Expand Neurovascular Care Portfolio

By Amit Chowdhry ● Today at 8:43 AM

Medtronic announced it has entered into a definitive agreement to acquire Scientia Vascular for $550 million, with additional potential earn-out and milestone payments. The transaction is expected to strengthen Medtronic’s neurovascular portfolio by combining its therapeutic technologies with Scientia’s specialized access devices used in complex neurovascular procedures.

Wishpond Technologies: $2.3 Million Sale Of Viral Loops Referral Marketing Platform To Emerge Commerce

By Amit Chowdhry ● Today at 8:42 AM

Wishpond Technologies Ltd., a Vancouver-based provider of AI-enabled marketing and sales solutions, announced that it has completed the sale of its Viral Loops referral marketing platform and related assets to Emerge Commerce Ltd. for $2.3 million in cash.

Cogency Global: Acquisition Of Elemental CoSec To Expand UK Governance And Compliance Capabilities

By Amit Chowdhry ● Today at 8:41 AM

Cogency Global, a provider of corporate compliance and transactional legal support services, has acquired UK-based company secretarial and governance firm Elemental CoSec to strengthen its presence in the United Kingdom and expand the range of services available to clients.

GenSight Biologics: €1.7 Million Raised Through Share And Warrant Financing To Extend Cash Runway

By Amit Chowdhry ● Today at 8:40 AM

GenSight Biologics, a clinical-stage biopharma company focused on gene therapies for retinal neurodegenerative diseases and central nervous system disorders, announced it has completed a fundraising totaling approximately €1.7 million.

Nyad: $1.3 Million Raised For AI Wastewater Operations Software

By Amit Chowdhry ● Today at 8:31 AM

Nyad, an AI software company focused on wastewater operations, announced the commercial launch of its decision support platform alongside $1.3 million in oversubscribed pre-seed funding. The round was led by Boost VC and included participation from Draper Associates, Halogen Ventures, Ollin Ventures, Apprentis, First Avenue Ventures, and strategic angel Troy Wallwork.

ATIS: Acquires Soberman Engineering To Expand Toronto Footprint

By Amit Chowdhry ● Today at 8:27 AM

ATIS, a North America–based provider of elevator and escalator inspections, consulting, and managed services, has expanded its presence in Canada through the acquisition of Soberman Engineering. The deal was completed through KJA, ATIS’s Canadian subsidiary and one of the country’s leading vertical transportation consulting firms. Financial terms of the transaction were not disclosed.

Intel 471: Interview With Co-Founder & CEO Jason Passwaters About The Cyber Threat Intelligence Company

By Amit Chowdhry ● Today at 8:25 AM

Intel 471 is a cyber threat intelligence company that provides organizations with actionable, human-led intelligence to identify and mitigate risks from cybercriminals, malware, and underground marketplaces. Pulse 2.0 interviewed Intel 471 co-founder and CEO Jason Passwaters to learn more.

Qevlar AI: $30 Million Raised For Autonomous AI SOC Platform Advancing Security Operations Insights

By Amit Chowdhry ● Today at 7:31 AM

Qevlar AI, a developer of artificial intelligence technology for security operations centers (SOCs), has raised $30 million in new funding to expand its autonomous AI SOC platform and help enterprises turn alert investigations into broader security insights.

Breakout Ventures: $114 Million Fund III Launched To Back Science-Driven Startups Using AI

By Amit Chowdhry ● Today at 7:30 AM

Breakout Ventures announced the close of its $114 million Fund III, expanding the venture firm’s efforts to back early-stage companies working at the intersection of science, technology, and artificial intelligence. The San Francisco-based firm said the new fund will continue its strategy of investing in founder-led startups translating complex scientific innovation into scalable businesses.

Nitra: $187 Million Raised For AI-Native Healthcare Practice Operating Platform

By Amit Chowdhry ● Today at 7:23 AM

Nitra, an AI-native operating platform designed to help healthcare practices manage administrative and financial operations, announced $187 million in financing across its Series A and Series B rounds, venture debt, and a warehouse facility. The latest funding brings the company’s total capital raised to $205 million, including $90 million in equity.

Esper: New Funding Raised For Government Policy Management Platform

By Amit Chowdhry ● Today at 7:22 AM

Esper announced that it has secured a new round of funding led by 8VC and Cota Capital, with additional participation from Stand Together Ventures Lab. The investment follows a year of strong growth for the company, along with new leadership appointments and expanded partnerships with state and local governments across the United States.

Armadin: $189.9 Million Raised For AI-Native Cybersecurity Platform Built To Counter Hyperattacks

By Amit Chowdhry ● Today at 7:21 AM

Armadin, an AI-native cybersecurity company focused on preparing organizations for the rise of machine-speed cyber threats, announced it has raised $189.9 million in combined seed and Series A funding. The round was led by Accel, with participation from Google Ventures, Kleiner Perkins, Menlo Ventures, In-Q-Tel, and follow-on investment from 8VC and Ballistic Ventures.

Uzum: $130 Million Raised For Digital Ecosystem Expansion

By Amit Chowdhry ● Today at 7:18 AM

Uzum, Uzbekistan’s leading digital ecosystem, has secured a strategic investment of over $130 million in a funding round led by sovereign entities from the Sultanate of Oman, marking a significant milestone as the company prepares for its upcoming Series B round.

Captur: $6 Million Raised For On-Device AI Image Verification Platform

By Amit Chowdhry ● Today at 7:17 AM

Captur, an AI infrastructure company focused on real-time image verification for enterprise mobile applications, has raised $6 million in seed funding. The round was led by Rally Ventures with continued participation from existing investor Sure Valley Ventures. As part of the investment, Rally Venture Partner and former Google CIO Ben Fried will join the company’s board of directors.

LemFi: Bank Of Canada Registration Positions Company In $8.6 Billion Remittance Market

By Amit Chowdhry ● Today at 7:00 AM

LemFi announced that it has been officially registered as a Payment Service Provider by the Bank of Canada under the country’s Retail Payment Activities Act (RPAA), bringing the company within Canada’s new federal supervisory framework for payment providers.

Advanced Machine Intelligence (AMI): $1.03 Billion Raised For World Model AI Systems

By Amit Chowdhry ● Today at 2:00 AM

Advanced Machine Intelligence (AMI), an artificial intelligence company focused on developing world model–based AI systems, announced that it has raised $1.03 billion (approximately €890 million) in funding from a global group of investors. The financing round was co-led by Cathay Innovation, Greycroft, Hiro Capital, and HV Capital, with participation from Bezos Expeditions, along with additional investors and angel backers from around the world.

OPAL Fuels: $180 Million Preferred Stock Facility Closed To Fund RNG Projects And Redeem Prior Units

By Amit Chowdhry ● Today at 1:47 AM

OPAL Fuels, a producer and distributor of renewable natural gas used in transportation and industrial sectors, announced it has closed a new $180 million preferred stock facility with an affiliate of its majority shareholder, Fortistar. The financing provides capital to support the company’s growth initiatives and strengthen its balance sheet.

Solution Tree: Acquisition Of Dirigo Literacy Expands K-12 Literacy Solutions

By Amit Chowdhry ● Today at 1:44 AM

Solution Tree, a provider of K–12 professional development resources and services for educators, announced it has acquired literacy company Dirigo Literacy in a move aimed at improving literacy outcomes for students through evidence-based professional development for educators. The acquisition strengthens Solution Tree’s position as a provider of comprehensive literacy solutions for schools, districts, and state education systems.

Sitemetric: Gemspring Capital Investment And Rich Riley Appointed CEO

By Amit Chowdhry ● Today at 1:43 AM

Sitemetric, a provider of construction site security, access, and workforce technology and services, announced that an affiliate of Gemspring Capital has made an additional investment in the company while appointing Rich Riley as chief executive officer. The move reflects Gemspring’s continued backing of Sitemetric as demand grows across data center construction and broader building markets.

AirTrunk: $1.24 Billion Green Loan Secured For Tokyo Hyperscale Data Center Expansion

By Amit Chowdhry ● Today at 1:40 AM

AirTrunk, a hyperscale data center operator across Asia Pacific and the Middle East, has secured a JP¥191.6 billion ($1.24 billion) green loan to refinance existing debt and support the continued development of its TOK1 hyperscale data center campus in East Tokyo.

Alexander’s Inc.: $235.5 Million Rego Park I Sale To Northwell Health

By Amit Chowdhry ● Today at 1:37 AM

Alexander’s Inc. announced that it has entered into an agreement to sell its Rego Park I property in Queens, New York to Northwell Health for a gross purchase price of $235.5 million, with net proceeds expected to total about $202 million.

Ondas: $175 Million Acquisition Of Defense Contractor Mistral

By Amit Chowdhry ● Today at 1:34 AM

Ondas, a provider of autonomous systems and private wireless solutions, announced it has entered into a merger agreement to acquire U.S. defense prime contractor Mistral Inc., valued at approximately $175 million. The deal will see Mistral merge with a subsidiary of Ondas while continuing to manage its existing contract administration responsibilities.

Wasatch Photonics: $39 Million Acquisition By FOSS Group

By Amit Chowdhry ● Today at 1:31 AM

FOSS announced that it has acquired North American spectrometer specialist Wasatch Photonics in a deal valued at just under DKK 250 million, or about $39 million. The acquisition marks one of the largest in the history of the Danish family-owned company and reflects its continued investments in photonics and optical technologies.

Health Wave Partners: Acquisition Of Senior Living Community MorningStar Of Parker

By Amit Chowdhry ● Today at 1:25 AM

Health Wave Partners announced it has acquired MorningStar Senior Living of Parker, a Class A senior housing campus located in Parker, Colorado, a suburb within the Denver metropolitan area. The transaction aligns with the Chicago-based investment platform’s strategy of acquiring high-quality senior housing communities and partnering with established operators in demographically favorable markets.

Journey Financial Group To Acquire Lone Star Bank

By Amit Chowdhry ● Today at 1:23 AM

Journey Financial Group (a Texas corporation) and Lone Star Bank (a Texas banking association headquartered in Houston) jointly announced the signing of a definitive agreement for Journey Financial Group to acquire Lone Star Bank. The transaction has been approved by the boards of directors of both companies and is expected to close in late second quarter or early third quarter of 2026, pending customary closing conditions including shareholder approval from Lone Star and regulatory approvals.