Artificial Intelligence

boon AI: AI-Based Commerical Fleet Workflow Platform Raises $20.5 Million (Series A)

By Amit Chowdhry ● Jan 7, 2025

boon AI - an AI-based workflow platform for commercial fleets - announced it is launching to transform supply chain and logistics by offering a single system to automate repetitive manual tasks. The Series A round was led by Marathon and Redpoint Ventures. The funding will accelerate the benefits it brings to customers, ranging from food delivery to powering the teams that ensure holiday gifts arrive on time. The new funding round will enable boon to grow its engineering and go-to-market teams.

CentralSquare Technologies To Buy Operating Assets Of Blueline

By Amit Chowdhry ● Jan 6, 2025

CentralSquare Technologies, a provider of public sector software, announced that it has signed a definitive agreement to acquire the operating assets of Blueline, which is an AI-based platform that augments routine tasks, such as body-worn camera transcriptions, police report narratives and search warrant routing.

S&P Global Buying AI-Based Tooling Provider ProntoNLP

By Amit Chowdhry ● Jan 6, 2025

S&P Global announced that it has acquired ProntoNLP, a leading provider of GenAI tooling, enabling users to derive differentiated insights from unstructured and structured data. And ProntoNLP's proprietary models and LLM-based signal tools will support S&P Global's textual data analytics capabilities. The financial terms of the transaction were undisclosed.

Qure.ai: Interview With Co-Founder & CEO Prashant Warier About The Health Tech Company

By Amit Chowdhry ● Jan 6, 2025

Qure.ai is a health tech company that uses deep learning and Artificial Intelligence (AI) to make healthcare more accessible and equitable for patients worldwide. Pulse 2.0 interviewed Qure.ai co-founder and CEO Prashant Warier to learn more about the company.

Spines: Interview With Co-Founder & CEO Yehuda Niv About The AI-Based Book Publishing Company

By Amit Chowdhry ● Jan 6, 2025

Spines is a company that uses GenAI to streamline every part of the book publishing process (a century-old industry that has been disrupted) from proofreading, formatting, cover design, audiobook creation, distribution, marketing, etc. Pulse 2.0 interviewed Spines co-founder and CEO Yehuda Niv to learn more about the company.

York University: Researchers Exploring Ways To Transform Healthcare With Brain Technology

By Amit Chowdhry ● Jan 5, 2025

Researchers at York University are looking into ways to improve healthcare with brain technology. One of the goals of this technology is to make it as simple as wearing a headset that listens to brain waves and can predict a seizure before it happens to save lives and increase the independence of individuals with epilepsy. Another use of care would be creating a device that could interpret the intention behind movement in a person who has lost control of their limbs, creating more potential in neurorehabilitation.

Cimulate: $28 Million (Series A) Raised To Help Brands Meet The Demands Of Consumers

By Amit Chowdhry ● Jan 4, 2025

Cimulate - a leader in enterprise AI for commerce - announced it has raised $28 million in Series A funding led by Spark Capital with participation from its seed stage investors Sierra Ventures and Pillar VC, with additional participation from LFX Venture Partners and Commerce Ventures. This funding round will accelerate Cimulate’s mission to revolutionize commerce by offering transformative customer experiences through scalable personalization, with a foundation in generative-AI-based search.

H.I.G. Capital To Buy AI Solutions Company Quisitive

By Amit Chowdhry ● Jan 4, 2025

Microsoft Cloud and AI solutions provider Quisitive Technology Solutions announced that it entered into an arrangement agreement under which an affiliate of H.I.G. Capital will buy all of the company's issued and outstanding common shares.

Microsoft To Invest $80 Billion On AI Data Centers In 2025

By Amit Chowdhry ● Jan 3, 2025

Microsoft announced it will spend $80 billion this year to build a large data center network. This was revealed in a statement by Microsoft Vice Chair and President Brad Smith.

Apheris: Series A Funding Raised For Powering Life Sciences Data Networks

By Amit Chowdhry ● Jan 3, 2025

Apheris, a leading federated computing company powering data networks for the life sciences sector, announced the completion of a Series A funding round, bringing total funding to $20.8 million. The funding round was led by leading European DeepTech VC firms, OTB Ventures and eCAPITAL, followed by existing investors, including Octopus Ventures and Heal Capital.

Samsung Invests Over $180 Million To Become Largest Rainbow Robotics Shareholder

By Amit Chowdhry ● Dec 31, 2024

Samsung Electronics announced that it will become the largest shareholder in Rainbow Robotics and accelerate future robot development like humanoid robots. Samsung first acquired a 14.7% stake in the Korean firm in 2023 with an investment of KRW 86.8 billion and has exercised a call option to increase its stake to 35%. Rainbow Robotics will be incorporated as a subsidiary under Samsung Electronics’ consolidated financial statements. To increase the stake in Rainbow, it appears that Samsung spent over 267 billion won (over $180 million), as revealed in a regulatory filing.

Trane Technologies To Buy BrainBox AI

By Amit Chowdhry ● Dec 27, 2024

Global climate innovator Trane Technologies has signed a definitive agreement to acquire BrainBox AI, a pioneer in autonomous HVAC controls and generative Artificial Intelligence (AI) building technology.

Mantis: $5 Million Raised For Advancing Human-Centric Robots

By Amit Chowdhry ● Dec 27, 2024

Mantis Robotics, a company focused on Physical AI for robotic automation, announced it has secured $5 million in new investments led by Emerald Technology Ventures with participation from the Amazon Industrial Innovation Fund. This funding will enable Mantis Robotics to scale its operations, enhance its product portfolio, and expand its presence in the rapidly growing industrial robotics market.

Proton Intelligence: Continuous Potassium Monitoring Company Raises $6.95 Million (Seed)

By Amit Chowdhry ● Dec 26, 2024

Proton Intelligence, a company developing the first-ever Continuous Potassium Monitoring (CKM) platform, announced the closing of its $6.95 million Seed Financing round joined by SOSV, We Venture Capital, Tenmile, LongeVC, 15th Rock, Exor, and Trampoline Venture Partners.

Bluenote: AI-Based Life Sciences Company Raises $10 Million

By Amit Chowdhry ● Dec 26, 2024

INVI MindHealth: Interview With Founder & CEO Jonathan Wilson About The Personalized Mental Health Support Company

By Amit Chowdhry ● Dec 26, 2024

INVI MindHealth is a company that combines the power of biometrics, deep learning analytics, and human networks to provide personalized mental health support. The company’s unique swim buddy concept connects individuals on a journey to mental wellness, breaking down stigmas and empowering individuals to take control of their well-being. Pulse 2.0 interviewed INVI MindHealth CEO and founder Jonathan Wilson to learn more about the company.

HuLoop: AI-Based Intelligent Automation Company Raises Series A

By Amit Chowdhry ● Dec 25, 2024

HuLoop Automation, a leader in radically fast and affordable AI-based intelligent automation, announced its Series A funding round closing. Even though the specific terms aren't being announced publicly, the round was led by Mighty Capital, with significant participation from Moneta Ventures.

Jome: AI-Based Real Estate Marketplace Company Secures $9.8 Million (Series A)

By Amit Chowdhry ● Dec 25, 2024

Jome, an AI-based real estate marketplace that helps buyers find, compare, and purchase new construction homes, announced a $9.8 million Series A funding round led by Geek Ventures with participating investors U.Ventures, Toloka VC, and Forefront VP. The funding will expand its regional footprint in the U.S. Jome, formerly NewHomesMate, now operates in 16 major U.S. cities, including Austin, Denver, and Miami, listing 90% of available new construction inventory.