Pulse 2.0

Blackstone Taking AIR Communities Private In $10 Billion Deal

Johnson & Johnson Buying Shockwave Medical In $13.1 Billion Deal

Rippling: Workforce Management Company Raises $200 Million At $13.5 Billion Valuation

Curio: Nuclear Technology Company Raises $14 Million

Cognitus: Strategic Growth Investment Raised From Siguler Guff And Haven Capital Partners

Main Street Invests $36.6 Million In 5 Portfolio Companies

By Amit Chowdhry ● Today at 10:40 PM

Main Street Capital Corporation announced that since year-end, it has invested $36.6 million in five existing lower middle market portfolio companies: Centre Technologies Holdings, Pearl Meyer Topco, SI East, Slick Innovations, and Bolder Panther Group.

IONOS: Helping 6 Million Customers With Digitalization Efforts

By Amit Chowdhry ● Today at 10:24 PM

IONOS is a leading European digitalization partner for small and medium-sized businesses (SMBs). The company serves more than six million customers and operates in 18 European and North American markets. Pulse 2.0 interviewed IONOS CTO Markus Noga to learn more.

Bristol Myers Squibb Signs $380 Million Deal With Cellares

By Amit Chowdhry ● Today at 10:21 PM

Bristol Myers Squibb and Cellares, which is the first Integrated Development and Manufacturing Organization (IDMO) dedicated to clinical and industrial-scale cell therapy manufacturing, announced a worldwide capacity reservation and supply agreement for the manufacture of CAR T cell therapies valued at up to $380 million in upfront and milestone payments.

The Founders Arena Reveals Startups In The Second Annual WealthTech Accelerator

By Amit Chowdhry ● Today at 10:18 PM

The Founders Arena WealthTech Accelerator, in partnership with First Rate SEI, Republic Capital Group, the City of Arlington, and the Arlington Economic Development Corporation, announced the selection of the next cohort of companies that will join its second global accelerator program beginning today.

Pomelo: $35 Million Raised To Enable International Money Movement With Consumer Credit

By Amit Chowdhry ● Today at 10:01 PM

Pomelo, a consumer fintech company enabling international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75 million expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings the total funding to $55 million in equity capital and $125m for its warehouse facility.

HighByte: Industrial Software Company Raises $12 Million

By Amit Chowdhry ● Today at 9:54 PM

HighByte, an industrial software company, announced its Series A funding round led by Standard Investments, a platform investing in sophisticated growth companies at the intersection of the digital and physical worlds. Standard Investments led the funding round, which included participation from existing HighByte investors, including Exposition Ventures, Maine Venture Fund, and outstanding convertible note holders.

Casa Shares: Real Estate Investing Platform Company Raises $1.5 Million

By Amit Chowdhry ● Today at 9:28 PM

Casa Shares, a qualified real estate investing platform making real estate available to everyone starting at just $100, announced it has raised $1.5 million in funding at a $10 million valuation.

Nominal: $27.5 Million Closed To Create Analysis Solutions For Industrial Engineering Teams

By Amit Chowdhry ● Today at 6:45 PM

Nominal, a company focused on creating end-to-end data analysis solutions for industrial engineering teams, has emerged from stealth to provide a faster, more reliable way to review test data and validate mission-critical systems. The company raised $7.5 million in seed funding led by Lux Capital with support from Founders Fund and $20 million in their Series A led by General Catalyst. The additional investors in this round include Haystack VC, XYZ Ventures, Human Capital, Box Group, and Overmatch.

Exowatt: Next-Generation Renewable Energy Company Closes $20 Million

By Amit Chowdhry ● Today at 6:31 PM

Exowatt, a next-generation renewable energy company, announced a first-of-its-kind modular energy platform designed to power energy-intensive data centers and a $20 million seed round from a16z, Atomic, and Sam Altman. With the growth of AI technology, the demand and the energy costs for data centers, Exowatt's solution arrives at a critical time.

The Sterling Group: $3.5 Billion Raised For Oversubscribed Sixth Private Equity Fund

By Amit Chowdhry ● Today at 5:17 PM

The Sterling Group, an operationally focused industrial middle market private equity firm, announced the closing of Sterling Group Partners VI, LP. Fund VI exceeded its target of $2.75 billion and was significantly oversubscribed at its hard cap of $3.5 billion. Sterling's previous fund closed in June 2020 with $2 billion in limited partner commitments.

Clarity Pediatrics: Pediatric Chronic Care Company Raises $10 Million

By Amit Chowdhry ● Today at 5:07 PM

Clarity Pediatrics, a digital health company reimagining pediatric chronic care, announced the expansion of its pediatric ADHD platform and $10 million in seed funding led by Rethink Impact with participation from Homebrew and Maverick Ventures. This seed funding round also included investments from January Ventures, Vamos Ventures, Alumni Ventures and Citylight VC. And these institutional investors join a renowned set of angel investors who are healthcare leaders at CityBlock, Quartet, Livongo, Headspace (Ginger), Rock Health, Solv, and more.

CN Bio: Microphysiological Systems Company Secures $21 Million

By Amit Chowdhry ● Today at 4:35 PM

CN Bio, a leading provider of single- and multi-organ microphysiological systems, announced it has raised a $21 million investment in the first close of its Series B fundraising round. This funding round has been secured from several new investors, including $10 million from Bayland Capital and $5.5 million from founding shareholder CN Innovations Holdings Ltd. This investment will drive the company’s expanding product portfolio and scale the operations to support commercial expansion across key global markets.

Outpost: Semi-Truck Parking Network Company Secures $12.5 Million

By Amit Chowdhry ● Today at 1:09 PM

Outpost, a leading network of managed semi-truck parking facilities, announced today that it has raised $12.5 million in Series A funding, led by GreenPoint Partners with support from Speedwagon Capital Partners. This funding will accelerate the expansion of its managed properties and technology platform.

Vantage Data Centers Receives $3 Billion Green Loan For North America Expansion

By Amit Chowdhry ● Today at 12:54 PM

Vantage Data Centers, a leading global provider of hyper-scale data center campuses, announced it had secured a $3 billion green loan from a bank syndicate led by structuring bank Wells Fargo Securities and joint book-runners TD Securities, Trust Securities, and Scotiabank to fund the ongoing development of its North America data center platform.

The AmeriFlex Group Surpasses $11.5 Billion In Client Assets

By Amit Chowdhry ● Today at 12:40 PM

The AmeriFlex Group, a rapidly growing, advisor-owned hybrid RIA that prioritizes financial planning, recently announced it has surpassed $11.5 billion in total client assets. For the first quarter alone, the firm grew its assets under administration (AUA) by 17%, representing $1.9 billion.

Crosslink Capital: Ventures X Launched With $350 Million In Commitments

By Amit Chowdhry ● Today at 12:20 PM

Today, Crosslink Capital announced the closing of its tenth flagship venture capital fund, Crosslink Ventures X, aimed at backing early-stage entrepreneurs. The new fund, which includes support from new and existing investors, closed with $350 million of capital commitments. And the firm’s previous venture fund was also capitalized at $350 million in January 2021.

The Stephens Group Invests In VisionSafe

By Amit Chowdhry ● Today at 12:15 PM

The Stephens Group announced it has completed a significant strategic investment in VisionSafe designed to accelerate the business' growth. This funding highlights Stephens Group’s interest in supporting businesses providing highly engineered, mission-critical systems and components for aerospace and defense applications.

How Georgia Tech And NVIDIA Are Helping Students Gain AI Supercomputer Experience

By Amit Chowdhry ● Today at 12:04 PM

USC: Study Utilizes AI For Predicting Risk Of Bedsores In Hospitalized Patients

By Amit Chowdhry ● Yesterday at 11:31 PM

Researchers at USC, Johns Hopkins University, and University Hospitals Cleveland Medical Center partnered to utilize machine learning (ML) techniques to develop a new model to predict future risk of pressure injuries and better direct labor-intensive patient care.

HappySignals: IT Experience Management Company Closes €12 Million In Funding

By Amit Chowdhry ● Yesterday at 11:16 PM

HappySignals—a Finland-based human-centric IT experience management (ITXM) company—announced it has raised €12 million from the MAM Growth Equity strategy. This investment, which included participation from the company’s current investors, Nauta Capital and Vendep Capital, is the second for the MAM Growth Equity II fund.

Midas: Turkish Retail Investment Platform Company Secures $45 Million

By Amit Chowdhry ● Yesterday at 11:09 PM

Midas, a fintech startup that brought retail investing to millions of people in Turkey, announced that it has raised $45 million in equity funding. The new funding round will enable Midas to expand and roll out three new products: cryptocurrency trading, mutual funds, and savings accounts.

Smart Reporting: €23 Million Raised To Streamline Medical Workflow

By Amit Chowdhry ● Yesterday at 10:49 PM

Smart Reporting, a market leader in medical reporting, particularly in radiology and pathology, has raised a €23 million Series C financing round led by TVM Capital Life Science and was supported by Bayern Kapital and existing investors. The company was founded by Prof. Dr. Wieland Sommer in 2015 as a spin-off company from the Ludwig-Maximilians University in Munich

Infosys To Buy in-tech

By Amit Chowdhry ● Yesterday at 9:44 PM

Infosys, a digital services and consulting leader, announced it is acquiring in-tech, an engineering R&D services provider focused on the German automotive industry. This strategic deal further strengthens Infosys’ Engineering R&D capabilities and reaffirms its continued commitment to helping global clients navigate their digital engineering journeys.

Accacia: Real Estate Decarbonization Platform Company Raises $6.5 Million

By Amit Chowdhry ● Yesterday at 9:20 PM

Accacia, a decarbonization platform focusing on the real estate and infrastructure sectors, announced it had closed a $6.5 million pre-Series A funding round led by Illuminate Financial. AC Ventures also participated in this round, alongside continued support from early backers Accel and B Capital.

Salubris Biotherapeutics: $35 Million Secured To Fund Development Of Biologic Therapeutics

By Amit Chowdhry ● Yesterday at 7:36 PM

Salubris Biotherapeutics (SalubrisBio), a clinical-stage biotechnology company dedicated to discovering and developing novel complex biologic therapeutics, announced a new funding round of $35 million to fund continued R&D of clinical and pre-clinical programs. The company also provided progress updates for JK07, the first investigational antibody fusion protein for heart failure, JK08 (the first investigational IL15-CTLA4 antibody fusion for solid tumors), and JK06 (a first-in-class biparatopic antibody-drug conjugate targeting a known tumor antigen).

SynOx Therapeutics: Clinical Biopharmaceutical Company Raises $75 Million To Develop Emactuzumab

By Amit Chowdhry ● Yesterday at 5:17 PM

SynOx Therapeutics Limited - a late-stage clinical biopharmaceutical company - announced today the closing of a $75 million Series B financing. The funding was co-led by Forbion, HealthCap, and new investor Bioqube Ventures.

Yoshi Mobility To Expand 3 New Business Lines With Series C Round

By Amit Chowdhry ● Yesterday at 5:16 PM

Yoshi Mobility, a leading tech-enabled mobile car care company, announced the closing of its $26 million Series C round. This funding round includes strategic investors General Motors Ventures and Bridgestone Americas as well as international investors Universal Motors Agencies and Shikra Limited.

StackOne: Enabling Enterprise-Grade B2B Integrations In A $280 Billion Market

By Amit Chowdhry ● Yesterday at 5:14 PM

StackOne is a company that makes building integrations quickly, reliably, and securely using Unified APIs (HRIS, ATS, CRM, LMS, Marketing automation, etc.) Pulse 2.0 interviewed StackOne co-founder and CEO Romain Sestier to learn more about the company.

UNP: How This Company Unlocks The Potential Of Macrocycle Drug Discovery

By Amit Chowdhry ● Yesterday at 5:14 PM

Unnatural Products (UNP) is a company that unlocks macrocycle drug discovery's potential through machine learning and massively parallel synthesis. Pulse 2.0 interviewed UNP co-founder and CEO Cameron Pye to learn more about the company.

Rubedo Life Sciences: $40 Million Raised To Develop Therapies Targeting Senescent Cells, Driving Age-Related Diseases

By Amit Chowdhry ● Yesterday at 2:35 PM

Rubedo Life Sciences, a biopharmaceutical company committed to developing first-in-class therapies targeting senescent cells that drive age-related diseases, announced today the closing of a $40 million Series A financing round. This funding round was led by Khosla Ventures and Ahren Innovation Capital, with participation from Hevolution, R42, Modi Ventures, Cerigo Investments, Shanda Group, Refactor Capital, LongeVC, Italian Angels for Growth (IAG), and additional investors.