Pulse 2.0

BlackRock’s Assets Hit $10.65 Trillion

Honeywell Buying LNG Technology From Air Products For $1.81 Billion

Jacobi Robotics: AI-Based Motion Planning Tech Company Raises $5 Million

Exa: Search-Focused AI Company Secures $22 Million

Loci Orthopaedics: €12.8 Million In Series A Funding Raised

Shaped.ai: AI Recommendation And Search Platform Raises $8 Million

By Amit Chowdhry ● Today at 1:23 AM

Shaped.ai, an AI recommendation and search platform for marketplaces, e-commerce, and content companies, announced funding of $8 million and the launch of their new self-serve cloud product.

TRiCares: Medical Device Company Raises $50 Million In Series D

By Amit Chowdhry ● Today at 1:11 AM

TRiCares SAS, a privately held pioneer in the minimally invasive treatment of tricuspid regurgitation, announced it has raised $50 million (€46 million) in a Series D funding round. The funding round was raised from a single strategic investor.

Hash: AI Mining Company Secures $10 Million From Bolt’s Capital

By Amit Chowdhry ● Today at 12:33 AM

Hash AI announced it raised a strategic $10 million investment from Bolt's Capital - which is a leading venture capital firm focused on the blockchain industry. This funding fuels the company’s mission at Hash AI: to transform crypto mining through intelligent automation and a commitment to sustainable practices.

Lakera: GenAI Security Company Raises $20 Million

By Amit Chowdhry ● Today at 12:02 AM

Lakera, a leading real-time Generative AI (GenAI) Security company, announced it has raised $20 million in a Series A funding round. This funding round was led by Atomico, with participation from Citi Ventures, Dropbox Ventures, and existing investors including redalpine. This round brings Lakera's total funding to $30 million.

ICONIQ Growth: $5.75 Billion Closed For Seventh Flagship Fund

By Amit Chowdhry ● Yesterday at 11:28 PM

ICONIQ Growth, ICONIQ’s venture and growth investing platform, announced the closing of $5.75 billion in capital commitments in its seventh and latest flagship fund. With this fund, ICONIQ Growth plans to partner with exceptional founders and an unmatched community to transform extraordinary ideas into world-changing realities. The closing of this fund brings the total capital commitments of ICONIQ Growth to $21 billion across all funds raised since its founding.

Forge: An Interview With Co-Founder Kun Gao About This Rapidly Growing Game Loyalty Company

By Amit Chowdhry ● Yesterday at 10:00 AM

Forge is a company where gamers go to celebrate their achievements and start earning rewards for their dedication to gaming. Pulse 2.0 interviewed Forge co-founder, President, and CEO Kun Gao to learn more about the company.

Granite Creek Capital Partners Invests in Madwire

By Amit Chowdhry ● Yesterday at 9:11 AM

Granite Creek Capital Partners, a private investment firm based in Chicago, announced a growth investment in Madwire. Madwire is a technology company offering business management and marketing software and services for small and medium-sized businesses (SMBs) through its flagship product, Marketing 360.

Earthshot Labs Raises $5.5 Million To Expand Nature-Based Carbon Project Development

By Amit Chowdhry ● Yesterday at 9:06 AM

Earthshot Labs announced it has completed a $5.5 million Series A funding round to expand its platform for nature-based carbon project development and financing. And Earthshot has helped develop over 60 reforestation, conservation, agroforestry, and improved forest management projects worldwide and directed over $55 million in financing. This funding round was led by Acorn Pacific Ventures with participation by Earth Foundry, Future Ventures, Resilient Earth Capital, One Small Planet, Parameter Ventures, Sand Hill Angels, and Orca Capital.

CytoReason: $80 Million Raised To Develop Computational Disease Models For Predictive Insights

By Amit Chowdhry ● Yesterday at 7:43 AM

CytoReason, a leader in developing computational disease models for predictive insights, announced it raised an aggregated $80 million from OurCrowd, NVIDIA, Pfizer, and Thermo Fisher Scientific.

ReliON: C$3 Million Raised To Develop O&M Solutions For EV Charging Infrastructure

By Amit Chowdhry ● Yesterday at 6:54 AM

ReliON - a Montréal and Ottawa-based pioneering provider of Operation & Maintenance (O&M) solutions for EV charging infrastructure - announced it has raised a C$3 million funding round led by Diagram Ventures, with participation from MaRS Investment Accelerator Fund (IAF), AQC Capital, Anges Québec and Cycle Momentum.

Aven: $142 Million In Series D Raised To Offer Consumer Credit Cards Backed By Home Equity

By Amit Chowdhry ● Yesterday at 6:34 AM

Aven, a technology company offering consumer credit cards backed by home equity, announced a $142 million series D round of funding led by Khosla Ventures and General Catalyst, with participation from existing investors, including Caffeinated Capital, Electric Capital, Founders Fund, and The General Partnership.

Leya: AI-Driven Legal Technology Company Closes $25 Million In Series A

By Amit Chowdhry ● Yesterday at 6:19 AM

Leya, a pioneer in AI-driven legal technology, announced the successful closing of a $25 million Series A funding round. This funding round was led by Redpoint Ventures, with participation from existing investors Benchmark, Y Combinator, and Wayfinder Ventures and the new addition of Alt Capital.

Code Metal: AI-Based Edge Development Workflow Company Secures $13 Million In Seed Funding

By Amit Chowdhry ● Yesterday at 6:05 AM

Code Metal, a leading company in AI-based development workflows for the edge, announced a $13 million seed funding round, led by Shield Capital, and a prior $3.45 million pre-seed round, led by J2 Ventures, with support from Fulcrum Venture Group, Underdog Labs, and others.

NewSpring: $390 Million Raised For Fifth Mezzanine Fund

By Amit Chowdhry ● Yesterday at 5:54 AM

NewSpring, a family of private equity strategies, announced the final closing of NewSpring Mezzanine Capital V (NSM V), out of the firm's dedicated private credit strategy, NewSpring Mezzanine. In total, the fund was oversubscribed with total commitments of $390 million. NSM V received strong support from existing and new investors, including a diverse group of banks, insurers, public plans, financial institutions, and individuals.

Magenta Medical: Heart Pump Company Raises $105 Million

By Amit Chowdhry ● Yesterday at 5:48 AM

Magenta Medical, the developer of Elevate (the world's smallest heart pump), announced it had closed a $105 million funding round led by global healthcare investment firm Novo Holdings. The new investors Viking Global Investors and RA Capital Management, as well as existing investors OrbiMed, New Enterprise Associates (NEA), JVC Investment Partners, and ALIVE - Israel HealthTech Fund, also participated in this round.

Barings To Invest In Diversified Packaging

By Amit Chowdhry ● Yesterday at 5:31 AM

Barings (one of the world’s leading investment managers) announced it has provided a second lien debt and equity co-investment to support Mill City Capital’s recapitalization of Diversified Packaging Holdings. Based in Blaine, Minnesota, Diversified Packaging provides pre-press products and services to the packaging industry, serving commercial printing companies, corrugate packaging companies, and various other customers across the upper Midwest U.S.

Cowboy Clean Fuels Closes $13 Million In Series B

By Amit Chowdhry ● Yesterday at 5:25 AM

Cowboy Clean Fuels (CCF) - an advanced climate tech and energy transition company - announced the closing of about $13 million in Series B equity financing. This funding round will be pivotal in commercializing its groundbreaking technology for the simultaneous production of renewable natural gas (RNG) and permanent sequestration of carbon dioxide, presenting a significant opportunity for investors in the growing renewable energy and carbon markets. The Series B funding round was led by Machan Investments, the family office of former energy executive Dan Dinges.