Pulse 2.0

Boralex: C$9 Billion Acquisition By Brookfield And La Caisse To Accelerate Renewable Energy Growth

Why Merck Is Buying Terns Pharmaceuticals In A $6.7 Billion Deal

Terrestrial Bio: $50 Million Raised For Microarray Patch Therapeutics Platform And Rebrand From Vaxess Technologies

KilgourMD: Series A Funding Raised To Advance Scalp Health And Hair Regrowth Pipeline

Cents: $140 Million Raised For Laundry Software, Hardware, And Payments Platform

Xona: $170 Million Raised For Commercial Navigation Satellite Network

By Amit Chowdhry ● Today at 10:35 PM

Xona Space Systems has raised $170 million in a Series C funding round to accelerate the deployment of its low Earth orbit satellite constellation aimed at providing a commercial alternative to traditional GPS systems.

Steno: $49 Million Raised For Legal Tech And Court Reporting Platform Expansion

By Amit Chowdhry ● Today at 10:32 PM

Steno, a Los Angeles-based provider of tech-enabled court reporting and litigation support services, has raised $49 million in Series C funding. The round was led by Savano Capital Partners, with continued participation from First Round Capital, The Legal Tech Fund, and other strategic investors.

Blossom Health: $20 Million Raised For AI Psychiatry Platform Expansion

By Amit Chowdhry ● Today at 10:27 PM

Blossom Health, an AI operating system provider for psychiatry, announced that it has raised $20 million across a Series A and Seed funding round to expand access to mental healthcare and accelerate development of its applied AI technology.

eMed: $200 Million At $2+ Billion Valuation Raised For Digital Healthcare Platform

By Amit Chowdhry ● Today at 10:26 PM

Miami-based eMed announced it has raised $200 million in funding at a $2 billion plus valuation, reinforcing its position as a growing player in employer-focused digital healthcare and population health management.

Scalvy: $13.9 Million Raised For Distributed Power Delivery Platform Scaling AI Data Centers And Electrification

By Amit Chowdhry ● Today at 10:23 PM

Scalvy, a distributed power delivery company based in Austin, Texas, has raised $13.9 million in a Series A funding round, bringing its total capital raised to approximately $17 million.

Mirage: $75 Million Raised For AI Video Creation Platform Expansion

By Amit Chowdhry ● Today at 10:21 PM

Mirage, a New York City-based AI video creation platform, has raised $75 million in growth financing from General Catalyst’s Customer Value Fund, bringing its total funding to more than $175 million. The capital will support the company’s next phase of growth as it scales its global footprint and advances its “agentic” video editing technology.

Henkel: $1.4 Billion Acquisition Of Premium Hair Care Brand Olaplex

By Amit Chowdhry ● Today at 9:56 AM

Henkel has announced a definitive agreement to acquire 100% of Olaplex in a deal valued at approximately $1.4 billion, based on an offer price of $2.06 per share. The transaction has been unanimously approved by Olaplex’s board of directors, with controlling shareholder Advent also committing its support.

Pulmatrix: Merger With Eos SENOLYTIX To Advance Mitochondrial Therapies

By Amit Chowdhry ● Today at 9:55 AM

Pulmatrix announced a definitive merger agreement with Eos SENOLYTIX, a biotechnology company focused on gerotherapeutic peptides targeting mitochondrial dysfunction in aging-related diseases. Upon completion of the transaction, the combined entity will operate as Eos SENOLYTIX, Inc. and is expected to trade on Nasdaq under the ticker symbol “EOSX.”

Aligned Data Centers: $2.58 Billion Credit Facility Closed To Fuel U.S. Expansion

By Amit Chowdhry ● Today at 9:52 AM

Aligned Data Centers announced it has closed a $2.58 billion credit facility aimed at accelerating the expansion of its U.S. data center portfolio, as demand for AI, cloud, and high performance computing infrastructure continues to surge.

Pepper: Interview With Co-Founder & CEO Bowie Cheung About The Food Distributor Platform

By Amit Chowdhry ● Today at 8:00 AM

Pepper is the technology partner for food distributors. And its AI-first platform helps distributors grow revenue and boost productivity across ordering, sales, marketing, accounts receivable, and other core operating functions. Pulse 2.0 interviewed Pepper co-founder and CEO Bowie Cheung about the company’s origins and growth.

Beazer Homes: $10 Million Raised For Military Family Housing Through Fisher House Partnership

By Amit Chowdhry ● Yesterday at 10:28 PM

Beazer Homes has surpassed $10 million in total funds raised for Fisher House Foundation, marking a major milestone in a nearly decade-long philanthropic partnership supporting military and veteran families.

Domain Capital Group: $768 Million Raised For Entertainment Fund II Targeting Film, TV, And Music Assets

By Amit Chowdhry ● Yesterday at 10:27 PM

Domain Capital Group has closed $768 million in equity commitments for its second entertainment-focused investment vehicle, Domain Entertainment Fund II, expanding its strategy of investing in film libraries, television participation, and music catalogs. The fund includes partnerships with major industry players such as Paramount Pictures and Sony Music Publishing, and features investments tied to well-known content and artists, including Sonic 3, Friends, The Matrix Trilogy, Miranda Lambert, and Thomas Rhett.

Mojo Vision: $17.5 Million Raised To Advance Optical I/O For AI Infrastructure

By Amit Chowdhry ● Yesterday at 10:25 PM

Mojo Vision has secured $17.5 million in strategic funding from Future Ventures to accelerate the commercialization of its micro-LED platform for next-generation AI infrastructure.

VICTUS Technologies: Seed Funding Raised For Contested Autonomy Platform Development

By Amit Chowdhry ● Yesterday at 10:25 PM

VICTUS Technologies, a contested autonomy software company, announced it has raised a seed funding round to accelerate development of its hardware-agnostic platform designed for autonomous systems operating in GPS-denied environments. The round was led by Bow Capital, with participation from Techstars, Marque Ventures, 10VC, and Intbox Ventures. The company did not disclose the amount raised.

Neon: $25 Million Raised For Consumer Data Monetization Platform

By Amit Chowdhry ● Yesterday at 10:24 PM

Neon, a consumer platform that enables users to monetize their personal data, announced it has raised over $25 million in combined equity and credit financing from Lightspeed Venture Partners, Upper90, Upfront Ventures, and other investors. This latest round brings the company’s total funding to nearly $27 million, following a $1.5 million pre-seed round led by Upfront with participation from Wilson Sonsini and Xfund.

Miraterra Soil: $16 Million Raised For AI-Driven Soil Intelligence Platform Expansion

By Amit Chowdhry ● Yesterday at 10:20 PM

Miraterra Soil, a Canadian ag-tech company focused on advanced soil measurement and analytics, has raised $16 million in an oversubscribed financing round, exceeding its original target of $13.9 million. The round was led by At One Ventures, with participation from Farm Credit Canada, S2G Investments, Sitka Foundation, and iSelect. The funding follows Miraterra’s 2025 acquisition of Trace Genomics’ assets, including intellectual property, analytical tools, and laboratory facilities in Ames, Iowa.

EPIC Microsystems: $21 Million Raised For AI Data Center Power Delivery Technology

By Amit Chowdhry ● Yesterday at 10:18 PM

EPIC Microsystems, a semiconductor company focused on advanced power delivery solutions for AI infrastructure, announced it has raised $21 million in Series A funding to accelerate the development of its vertical power delivery architecture for next-generation data centers. The round was led by Seligman Ventures, with participation from Intel Capital, AICONIC Ventures, Cambium Capital, and existing investors including A&E Investments, Assam Ventures, and Nepenthe Capital. With this latest financing, the company has raised a total of $26 million to date.

Plug And Play: XDC Network Accelerator Expands Into DeFi With New Cohort

By Amit Chowdhry ● Yesterday at 10:16 PM

Plug and Play announced the launch of the third cohort of its XDC Network Accelerator, shifting its focus toward decentralized finance as the ecosystem evolves beyond its early emphasis on real-world asset tokenization. The program, developed in collaboration with the XDC Foundation, has selected 11 startups to build solutions aimed at expanding on-chain liquidity, institutional-grade DeFi infrastructure, and interoperability across blockchain platforms.

Sift: $42 Million Series B Raised To Build AI Infrastructure For Mission-Critical Machines

By Amit Chowdhry ● Yesterday at 10:15 PM

Sift has raised $42 million in Series B funding to expand its platform for AI-driven hardware systems. The round was led by StepStone, with participation from GV, Riot Ventures, Fika Ventures, and CIV, bringing the company’s total funding to $67 million.

Zelestra: $600 Million Secured For Texas Solar Portfolio Backed By Meta Agreements

By Amit Chowdhry ● Yesterday at 10:13 PM

Zelestra has secured a $600 million green financing credit facility to support the development of a 440 MW solar portfolio in Texas, marking a major milestone in the company’s U.S. expansion strategy. The financing was arranged with Societe Generale and HSBC and will fund two large-scale solar projects: Echols Grove (252 MW) and Cedar Range (187 MW). Both projects are currently under construction and represent Zelestra’s largest solar developments in the United States to date.

PDW: Over $110 Million In Series B Raised For Scaling Modular Military Drone Production And Engineering Capabilities

By Amit Chowdhry ● Yesterday at 10:12 PM

PDW Holdings, a defense-focused drone technology company, announced it has raised over $110 million in a Series B financing round to expand its product offerings, strengthen engineering capabilities, and scale production of modular military drones.

Normal Computing: $50 Million Raised For AI-Native Semiconductor Design And Energy-Efficient Hardware

By Amit Chowdhry ● Yesterday at 10:10 PM

Normal Computing announced it has raised $50 million in strategic funding led by Samsung Catalyst Fund, bringing its total funding to more than $85 million. The round also included participation from Galvanize, Brevan Howard Macro Venture Fund, and ArcTern Ventures, alongside existing investors such as Celesta Capital, Drive Capital, Eric Schmidt’s First Spark Ventures, and Micron Ventures.

Harvey: $200 Million At $11 Billion Valuation Raised For Legal AI Platform Expansion

By Amit Chowdhry ● Yesterday at 10:08 PM

Harvey announced that it has raised $200 million in new funding, valuing the company at $11 billion as it accelerates the expansion of its AI-powered legal agents across law firms and enterprises.

Lucid Bots: $20 Million Raised To Expand Autonomous Exterior Cleaning Platform

By Amit Chowdhry ● Yesterday at 10:07 PM

Lucid Bots, a robotics company focused on autonomous exterior cleaning, announced it has raised $20 million in a Series B funding round. The round was co-led by Cubit Capital and Idea Fund Partners, with participation from Taylor Rhodes, WaterStone Impact Fund, Front Porch Ventures, and existing investors. This latest raise brings the company’s total funding to $34 million.

Rocketlane: $60 Million Raised For AI-Powered Professional Services Automation Platform

By Amit Chowdhry ● Yesterday at 10:06 PM

Rocketlane, an AI-powered professional services automation platform, announced it has raised $60 million in Series C funding led by Insight Partners, bringing its total capital raised to $105 million.

Adonis: $40 Million Raised For AI Revenue Cycle Management Platform

By Amit Chowdhry ● Yesterday at 10:04 PM

Adonis, an AI-driven revenue cycle management platform for healthcare providers, announced it has raised $40 million in a Series C funding round led by Quadrille Capital, with continued backing from General Catalyst and Bling Capital. The new funding brings the company’s total capital raised to more than $95 million since its founding in 2022.

Electro Switch Acquires E-MAX Instruments To Expand Substation Monitoring And Control Capabilities

By Amit Chowdhry ● Yesterday at 10:01 PM

Electro Switch, a manufacturer of engineered switches and related components for critical applications, announced it has acquired E-MAX Instruments, a provider of control and monitoring solutions for electrical substation equipment.

Sherweb: $125 Million Raised For Cloud Marketplace Global Expansion

By Amit Chowdhry ● Yesterday at 8:36 AM

Sherweb, a cloud marketplace distributor, announced it has secured a $125 million minority equity investment from Investissement Québec, including $49.9 million from the Government of Québec’s Fonds pour la croissance des entreprises du Québec. The funding marks the company’s first external investment and is aimed at accelerating its global expansion strategy.

Thesis Care: $45 Million Raised For AI-Powered Clinical Care Platform Expansion

By Amit Chowdhry ● Yesterday at 8:35 AM

Thesis Care, an AI-powered healthcare technology company focused on scaling clinical capacity, announced it has raised $45 million in Series A funding. The round was led by Oak HC/FT, with participation from CRV and additional backing from Black Opal Ventures and healthcare technology angel investors, bringing the company’s total funding to $60 million.

Vanguard Defense: $5 Million Seed Round Raised For Defense AI Data Observability Platform

By Amit Chowdhry ● Yesterday at 8:34 AM

Vanguard Defense, a data observability company focused on helping defense contractors and government vendors manage unstructured data used in artificial intelligence systems, announced it has raised $5 million in seed funding. The round was led by First In, an early-stage venture capital firm specializing in cybersecurity, defense technology, and data-driven security platforms.