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JVP And TPG Partnering On $290 Million Continuation Vehicle To Grow Earnix

By Amit Chowdhry ● Sep 10, 2025

JVP, a global venture capital firm with offices in New York, London, Jerusalem, and San Francisco, has announced the close of a $290 million continuation vehicle in partnership with TPG GP Solutions. This investment supports the continued growth of Earnix, a company that is reshaping the insurance industry through its AI-powered platform. The deal also provides significant liquidity to JVP’s early investors, while allowing the firm to maintain and expand its stake in Earnix.

florrent: $9.5 Million Raised For Scaling Supercapacitor Technology

By Amit Chowdhry ● Sep 10, 2025

florrent, an energy technology company based in Western Massachusetts, announced it has raised $9.5 million in an oversubscribed Seed-2 funding round. The investment was led by MassVentures and supported by Raven Indigenous Capital Partners, MassMutual Catalyst Fund, Boston Impact Initiative, Sky Foundation, Elbezius, Maroon Venture Partners Fund, and several mission-driven angel investors.

Cassidy: $10 Million Secured For Empowerering Non-Technical Teams With Scalable AI Automation

By Amit Chowdhry ● Sep 10, 2025

Cassidy, an AI automation platform designed for non-technical users, has secured $10 million in Series A funding. The round was led by HOF Capital and included participation from The General Partnership, Neo, Alumni Ventures, and other investors. This funding will support Cassidy’s continued platform development and team expansion, helping more organizations unlock the full potential of their internal knowledge through context-powered automation.

Leo AI: $9.7 Million Raised For Transforming Mechanical Engineering

By Amit Chowdhry ● Sep 10, 2025

Leo AI, a startup focused on transforming mechanical engineering through artificial intelligence, has raised $9.7 million in total funding, including a recent $5 million seed round led by Flint Capital. The company is building what it calls the world’s first domain-specific AI platform for mechanical engineers, designed for automating tedious tasks and accelerating product development.

Smith + Howard: Expansion Into Alabama With Horton, Lee & Burnett Acquisition

By Amit Chowdhry ● Sep 10, 2025

Accounting and advisory firm Smith + Howard has announced its acquisition of Horton, Lee, Burnett, Peacock, Cleveland & Grainger—known as Horton, Lee & Burnett. Based in Birmingham, Alabama, the firm has been a respected name in accounting and consulting since its founding in 1967. This acquisition marks Smith + Howard’s official entry into Alabama and strengthens its presence across the Southeastern United States.

RBL: Strategic Investment Raised From Carnrite To Advance Biotech Innovation

By Amit Chowdhry ● Sep 10, 2025

RBL LLC, a biotech venture creation studio focused on turning cutting-edge medical research into commercial therapies, has announced a strategic investment from Carnrite Ventures. This partnership will help RBL scale its operations and advance its growing portfolio of therapeutic companies, reinforcing its position within Houston’s rapidly expanding life sciences ecosystem.

Shift5: $75 Million Raised For Expanding Operational Intelligence Across Defense Sectors

By Amit Chowdhry ● Sep 10, 2025

Shift5, a company specializing in operational intelligence for defense and commercial transportation systems, has secured $75 million in Series C funding. The round was led by Hedosophia and included participation from Insight Partners, Center 15 Capital, 645 Ventures, Moore Strategic Ventures, Booz Allen Ventures, Squadra Ventures, AE Industrial, Disruptive, CSP Equity Partners, and Savano Capital Partners. This investment will help Shift5 scale its technology across aviation, rail, maritime, and ground vehicle fleets, addressing growing cybersecurity threats and infrastructure challenges.

Mercy BioAnalytics: $59 Million Closed To Advance Early Cancer Detection With Liquid Biopsy

By Amit Chowdhry ● Sep 10, 2025

Mercy BioAnalytics has announced the successful close of a $59 million Series B funding round to accelerate the development and commercialization of its early cancer detection technologies. The round was co-led by Novalis and Sozo Ventures, with additional support from Perceptive Xontogeny Venture Fund, American Cancer Society BrightEdge, iSelect Fund, and several investors focused on women’s health and leadership, including Portfolia, Avestria Ventures, and Mindshift Capital. Strategic backing also came from industry leaders such as Hologic, Bruker Scientific, and Labcorp.

Grantd: Strategic Investment Secured For Helping Fianancial Advisors With Equity Compensation Planning

By Amit Chowdhry ● Sep 10, 2025

Grantd, a technology company focused on simplifying equity compensation planning, has announced a strategic funding round led by Edward Jones Ventures and supported by TIFIN Studios.

Allocate: $30.5 Million Secured For Expanding AI-Based Platform For Private Market Investing

By Amit Chowdhry ● Sep 10, 2025

Allocate, a technology company focused on simplifying private market investing, has announced the close of a $30.5 million Series B funding round. This brings the company’s total capital raised to $64 million and supports its mission to modernize how wealth advisors and family offices access and manage private investments. The round was led by Portage Ventures, with participation from Andreessen Horowitz, M13, and Fika Ventures.

Aurelius Systems: $10 Million Raised For Advancing Autonomous Laser Defense Against Drone Threats

By Amit Chowdhry ● Sep 10, 2025

Aurelius Systems, a defense technology startup based in San Francisco, has secured $10 million in seed funding to accelerate the development of its autonomous laser platform designed to neutralize drone threats. The round was co-led by General Catalyst and Draper Associates, with the funding earmarked for scaling operations, expanding engineering and manufacturing capabilities, and launching field testing programs with operational partners.

GridX Buying Innowatts For Enhancing Utility Rate Design

By Amit Chowdhry ● Sep 10, 2025

GridX, a provider of enterprise rate platforms for utilities, has acquired Innowatts, a specialist in advanced load forecasting and utility planning analytics. This strategic move enhances GridX’s ability to deliver comprehensive rate design and analysis solutions while expanding its reach into competitive retail energy markets.

Frontline Managed Services: Interview With CEO Seelin Naidoo About The Law Firm IT Company

By Amit Chowdhry ● Sep 10, 2025

Frontline Managed Services is a company that provides outsourced Managed IT, Revenue Cycle Management, and administrative services specifically for law firms. The company offers solutions such as IT help desk, cybersecurity, network monitoring, e-billing and accounting support, and other financial and administrative functions. Pulse 2.0 interviewed Frontline Managed Services CEO Seelin Naidoo to gain a deeper understanding of the company.