Pulse 2.0

Microsoft Launches Frontier Company With $2.5 Billion AI Engineering Investment

Kroger To Acquire Giant Eagle For $1.65 Billion

American Lithium Appoints Amandip Singh To Board Of Directors

Hilton Grand Vacations Appoints Christine Duffy To Board Of Directors

Skymantics Wins $9.1 Million IRS Contract To Expand AI Synthetic Data Engine

Continental Selling ContiTech To Lone Star Funds

By Amit Chowdhry ● Today at 8:52 AM

Continental announced that it is selling ContiTech to Lone Star Funds. The transaction is part of Continental’s realignment into a focused pure-play tire manufacturer.

Robot.com: Interview With Co-Founder & President Of Media Judah Longgrear About The Delivery Robot Company

By Amit Chowdhry ● Today at 8:41 AM

Robot.com (formerly Kiwibot) is a company that uses artificial intelligence to operate a fleet of autonomous robots that handle tasks like campus food delivery, warehouse logistics, and out-of-home advertising. Pulse 2.0 interviewed Robot.com co-founder and President of Media Judah Longgrear to learn more.

Paul Hastings Adds Private Credit Partner Peter Williams In New York

By Amit Chowdhry ● Today at 8:29 AM

Paul Hastings announced that private credit lawyer Peter Williams has joined the firm as a partner in New York. His arrival further strengthens the firm’s Global Finance platform.

Versant Acquiring Full Swing For $530 Million

By Amit Chowdhry ● Today at 8:26 AM

Versant Media Group announced that it has entered into a definitive agreement to acquire Full Swing. Versant will acquire the sports technology company from Bruin Capital and a group of minority investors for approximately $530 million in cash, subject to customary purchase price adjustments.

Lunos AI: Interview With Founder & CEO Duncan Barrigan About The Virtual Coworker AI Agent Platform

By Amit Chowdhry ● Today at 8:05 AM

Lunos develops AI agents that act as virtual coworkers for business finance teams, automating the tedious, day-to-day work of accounts receivable, such as tracking payments, following up on overdue invoices, and handling customer correspondence in a human-like, personalized manner. Pulse 2.0 interviewed Lunos founder and CEO Duncan Barrigan to learn more.

DexTrader: Interview With Founder Marlon Williams About The Crypto Trading Platform

By Amit Chowdhry ● Today at 8:00 AM

DexTrader.ai is an institutional-grade, machine-learning-powered crypto trading platform that allows users to seamlessly automate decentralized exchange (DEX) trades and manage real-world asset (RWA) portfolios without custodial risk. To learn more, Pulse 2.0 interviewed Marlon Williams, the founder of AIQuant Labs and the creator of the DexTrader.ai platform.

TISSIUM Secures €60 Million Financing Package To Support Commercial And Clinical Activities

By Amit Chowdhry ● Yesterday at 9:19 AM

TISSIUM announced a €60 million financing package to support its commercial and clinical activities and platform expansion. The package combines a completed €30 million Series D2 financing with a €30 million financing facility from the European Investment Bank.

Wayout International Raises €2.42 Million Series A Extension To Scale Distributed Drinking Water Infrastructure

By Amit Chowdhry ● Yesterday at 9:15 AM

Wayout International has raised €2.42 million in a Series A extension. The Stockholm-based climate technology startup will use the funding to execute its first commercial projects and accelerate international market activities.

Griffin Gaming Partners Acquires 3.24% Strategic Stake In tinyBuild

By Amit Chowdhry ● Yesterday at 9:13 AM

Griffin Gaming Partners announced that it has acquired a 3.24% equity stake in tinyBuild. Financial terms of the transaction beyond the disclosed equity stake were not announced.

Radnostix Acquires Lucerno Dynamics Assets

By Amit Chowdhry ● Yesterday at 9:11 AM

Radnostix announced that it has closed its acquisition of key assets from Lucerno Dynamics. The acquired assets include the LARA System technology platform, ELLEXA Explorer software, and associated intellectual property.

TotalEnergies To Sell Minority Interest In Marjoram Gas Field To INPEX For $350 Million

By Amit Chowdhry ● Yesterday at 9:09 AM

TotalEnergies announced that it is divesting its 85% interest in Block 2E offshore Malaysia to INPEX. The stake represents a net 8.5% interest in the Marjoram gas field, which is currently under development, for consideration of $350 million.

GNI Group Acquires Ayumi Pharmaceutical For JPY 44.8 Billion (About $276 Million)

By Amit Chowdhry ● Yesterday at 9:08 AM

GNI Group announced that it has completed the acquisition of all shares of Ayumi Pharmaceutical Holdings from shareholders led by Blackstone. The deal had an enterprise value of about JPY 44.8 billion (about $276 million). GNI Group completed the settlement through a combination of cash and the issuance of new shares, and the company will welcome Blackstone, Toho Holdings, and Hisamitsu Pharmaceutical as new shareholders.

Lotus Infrastructure Partners To Sell Gulf Coast Ammonia Project To Yara For $1.3 Billion

By Amit Chowdhry ● Yesterday at 8:47 AM

Lotus Infrastructure Partners announced that GCA Holdings, an affiliate of Lotus Infrastructure Partners and MB Energy, has entered into a definitive agreement to sell Gulf Coast Ammonia’s production facility in Texas City, Texas. Yara North America, a subsidiary of Yara International, will acquire the facility for $1.3 billion plus certain working capital adjustments.

Bora Pharmaceuticals Acquires MacroGenics’ Rockville Manufacturing Operations For $122.5 Million

By Amit Chowdhry ● Yesterday at 8:35 AM

Bora Pharmaceuticals announced the completion of its acquisition of MacroGenics’ GMP manufacturing operations for $122.5 million. The deal includes MacroGenics’ biologics drug substance facility in Rockville, Maryland, and an associated warehousing center in Frederick, Maryland.

Innovex Acquires TCO Group For $95 Million

By Amit Chowdhry ● Yesterday at 8:30 AM

Innovex International announced that it has completed the acquisition of TCO Group AS. Innovex previously announced that it had signed an agreement to acquire TCO in a cash and stock transaction valued at $95 million.

SummitIG Acquires Dark Fiber And Infrastructure From Blue Owl Capital

By Amit Chowdhry ● Yesterday at 8:27 AM

SummitIG announced that it has completed the acquisition of Dark Fiber and Infrastructure from funds managed by Blue Owl Capital. Financial terms of the transaction were not disclosed.

Inuvo Secures $12.97 Million Financing To Strengthen Balance Sheet

By Amit Chowdhry ● Yesterday at 8:24 AM

Inuvo announced financing transactions resulting in gross proceeds of $12.97 million. The transactions are designed to provide working capital while retiring the company’s existing debt facilities.

Alkimii Receives Investment From August Equity To Expand Hospitality Operations Platform

By Amit Chowdhry ● Yesterday at 8:20 AM

Alkimii announced that it has received an investment from August Equity, a U.K. lower-middle-market private equity firm. Financial terms of the transaction were not disclosed.

TwelveLabs Raises $100 Million Series B To Build Video Superintelligence

By Amit Chowdhry ● Yesterday at 8:09 AM

TwelveLabs announced that it has raised $100 million in Series B funding. The round was co-led by NEA and NAVER Ventures, with participation from Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital, and Red Bull Ventures.

EquiLibre Raises Series A At $500+ Million Valuation To Scale AI Trading Agents

By Amit Chowdhry ● Yesterday at 8:04 AM

EquiLibre Technologies announced the closing of its Series A funding round at a valuation of more than $500 million. The round was led by Creandum, and the company plans to use the capital to scale compute infrastructure, expand into more markets, and grow its team of researchers and engineers.

InSoil Secures €120 Million Credit Facility To Scale Agri-SME Lending Across Europe

By Amit Chowdhry ● Yesterday at 7:58 AM

InSoil announced that it has secured a €120 million senior secured credit facility from Pollen Street Capital. The facility represents one of the largest private credit commitments to date for sustainable agriculture lending in Europe.

Talp Secures Backing From Formus Capital, Aito Capital, Sunshine Lake, And a16z Scout Fund

By Amit Chowdhry ● Yesterday at 7:56 AM

Talp co-founder Baran Ataş announced that the company has secured backing from its first group of investors. The backers include Formus Capital, Aito Capital, Sunshine Lake, a16z Scout Fund, and angel investors including Juan Abundes and Kadir Danisman.