Artificial Intelligence

Anima: Care Enable Platform Raises $12 Million

By Amit Chowdhry ● Mar 21, 2024

Anima - a next-generation care enablement platform - announced it raised $12 million in Series A funding. This funding round was led by Molten Ventures, with participation from existing investors Hummingbird Ventures, Amino Collective, Y Combinator, and new angel investors, including Sidar Sahin (founder of Peak Games).

xCures: Empowering Healthcare Researchers To Deeply Understand Each Patient’s Medical Journey

By Amit Chowdhry ● Mar 20, 2024

xCures is a healthcare data management company focusing on data completeness and real-time data access. Pulse 2.0 interviewed xCures CEO Mika Newton to learn more about the company.

Lumino: AI Infrastructure Company Raises $2.8 Million

By Amit Chowdhry ● Mar 19, 2024

AI infrastructure company Lumino announced that it has raised a $2.8 million pre-seed funding round. This funding round included Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, and Escape Velocity.

Auguria Raises Seed Funding From SYN Ventures And S Ventures

By Amit Chowdhry ● Mar 19, 2024

Auguria, a cybersecurity artificial intelligence company, announced its emergence from stealth mode after more than two years of software platform development. Through an initial investment from SYN Ventures Seed Fund, Auguria is driving the transformation of traditional security operations by optimizing data for human and AI consumption with the industry's first vector-based cybersecurity platform for security operations data integration, transformation, and analytics.

Cohesity Raises Strategic Funding From NVIDIA

By Amit Chowdhry ● Mar 19, 2024

Cohesity - a leader in AI-powered data security and management - announced a collaboration with NVIDIA to help organizations unlock the power of GenAI and data with the recently announced NVIDIA NIM microservices and through the integration of NVIDIA AI Enterprise into the Cohesity Gaia platform. Cohesity’s latest funding round also led to NVIDIA becoming a new investor.

Quantexa: Clark Frogley On Using AI To Circumvent Financial Crimes

By Amit Chowdhry ● Mar 18, 2024

Quantexa is a global data and analytics company pioneering Contextual Decision Intelligence and it empowers organizations to make operational decisions by analyzing meaningful data. Pulse 2.0 interviewed Quantexa Head of Financial Crime Solutions Clark Frogley, a former FBI Supervisory Special Agent, to discuss how financial institutions can utilize artificial intelligence (AI) to tackle fraud in banking.

CodaMetrix Raises $40 Million To Transform The Medical Coding Industry

By Amit Chowdhry ● Mar 13, 2024

CodaMetrix - a leading artificial intelligence (AI) solution for transforming healthcare and revenue cycle management - announced that it has closed a $40 million Series B funding round. Transformation Capital led the funding round with participation from existing investors SignalFire, Series A lead, and Frist Cressey Ventures.

Zephyr AI: $111 Million Raised To Develop AI Solutions For Democratizing Precision Medicine

By Amit Chowdhry ● Mar 13, 2024

Zephyr AI - a healthcare technology company focused on developing artificial intelligence (AI) solutions for democratizing precision medicine - announced it has closed a $111 million Series A funding round with participation from Revolution Growth, Eli Lilly & Company, Jeff Skoll, EPIQ Capital Group, and others.

WealthFeed: Financial Advisor Growth Platform Company Closes $2 Million

By Amit Chowdhry ● Mar 13, 2024

WealthFeed - an AI-based organic growth platform for Financial Advisors - announces the successful closing of a $2 million funding round. The strategic investors in this round include Thicket Ventures and executives from the Registered Investment Advisor (RIA), investment banking, and private equity industries.

Lakera: Helping Enterprises Build AI Apps By Safeguarding Them From Cyber Risks In A $200+ Billion Market

By Amit Chowdhry ● Mar 13, 2024

Lakera is a company that enables enterprises to build exciting AI applications by safeguarding them from cyber risks. Pulse 2.0 interviewed Lakera CEO and co-founder David Haber to learn more about the company.

Tierra Biosciences: $11.4 Million Raised To Advance Cell-Free Protein Production Platform

By Amit Chowdhry ● Mar 12, 2024

Tierra Biosciences, a company that has built a platform for predictive AI-guided cell-free technology offering high-throughput on-demand custom protein synthesis, announced today that it closed an $11.4 million Series A funding round. Material Impact led this funding round with participation from new/existing investors like Prosus Ventures, In-Q-Tel (IQT), Hillspire, Freeflow Ventures, Creative Ventures, and Social Capital.

Applied Intuition: Vehicle Software Supplier Raises $250 Million At $6 Billion Valuation

By Amit Chowdhry ● Mar 12, 2024

Applied Intuition - a vehicle software supplier for the automotive, trucking, construction, mining, agriculture, and other industries - announced it raised a $250 million Series E funding round at a $6 billion valuation. This funding round was led by Bilal Zuberi at Lux Capital (Series C lead investor), Elad Gil (Series D lead investor), and strategic investor Porsche Investments Management. Applied Intuition also revealed these new and existing investors Andreessen Horowitz (Series A lead investor), General Catalyst (Series B lead investor), Mary Meeker at BOND, Human Capital, Henry Kravis, Mustafa Suleyman, Ray Dalio, John Quinn, and Nico Rosberg.

Prudence: $80 Million Fund III Closed To Invest In Early-Stage Startups

By Amit Chowdhry ● Mar 12, 2024

Early-stage venture firm Prudence has closed its third fund with $80 million of capital commitments. Launched in 2009, Prudence has invested in early-stage tech companies over the last 15 years. Prudence invests in many verticals, such as construction, real estate, infrastructure, and climate adaptation.

Milu Health: $4.8 Million Raised To Use AI For Driving Costs Savings In Healthcare

By Amit Chowdhry ● Mar 11, 2024

Milu Health is a health tech company that uses artificial intelligence (AI) to drive healthcare cost savings for employees and employers. Today, the company announced its seed financing of $4.8 million led by Andreessen Horowitz (a16z) Bio + Health and its launch with over a dozen employers to expand employee access to its platform.

Pace University Launching A New AI Lab At NYC Campus

By Amit Chowdhry ● Mar 11, 2024

Pace University’s Seidenberg School of Computer Science and Information Systems announced it is launching a new artificial intelligence (AI) lab at the New York City campus. This lab will be integrated into a new building at 15 Beekman. This facility aims to serve as the central hub of AI for the Pace community, providing training and opportunities for students, faculty, and staff to learn and collaborate.

PayShepherd: Contractor Management Company Raises C$7 Million

By Amit Chowdhry ● Mar 8, 2024

PayShepherd - a contractor management solution for industrial sites - announced it had closed C$7 million in an oversubscribed round of Seed+ funding to expand its target markets across North America and enhance its platform with new capabilities.

Deloitte Unveils InvestAcceleration, An Accelerator For Investment Management From Workday

By Amit Chowdhry ● Mar 8, 2024

Deloitte announced the launch of InvestAcceleration, a new suite of solutions designed for the investment management industry. It is an industry-specific approach to implementing Workday Financial Management.

Taalas: AI And Silicon Innovator Company Raises $50 Million

By Amit Chowdhry ● Mar 7, 2024

Taalas - an innovator in AI and silicon - announced that it had exited stealth mode and raised $50 million over two rounds of funding led by Pierre Lamond and Quiet Capital.

Simplilearn And Purdue University Partner To Bridge Skills Gap In Gen AI

By Amit Chowdhry ● Mar 7, 2024

Simplilearn (a global digital skills training provider) extended its collaboration with Purdue University Online to introduce the Applied Generative AI Specialization program. This program was carefully designed to equip professionals with the essential skills and knowledge needed to navigate the rapidly evolving field of Generative Artificial Intelligence (Generative AI).

Limbic: Clinical Mental Health AI Company Secures $14 Million

By Amit Chowdhry ● Mar 6, 2024

Limbic - a leading clinical mental health AI technology company - announced that it has raised a funding round of $14 million led by Khosla Ventures and joined by new investors, including Gaingels (an LGBTQIA+/Allies investment syndicate), and Illusian (the family office of Ilkka Paananen, co-founder of Supercell).

Openprise: Revenue Operations Data Automation Company Closes $25 Million

By Amit Chowdhry ● Mar 6, 2024

Openprise - a leader in revenue operations (RevOps) data automation - announced that it closed a $25 million Series B equity raise led by investment funds managed by Morgan Stanley Expansion Capital. Through a strong balance sheet and solid growth, Openprise is able to continue helping high-performance RevOps teams in transforming their data into action, achieving operational agility at scale, and simplifying technology to drive efficient growth.

Ontario Teachers’ Pension Plan Board Reveals New Leadership Team

By Amit Chowdhry ● Mar 5, 2024

Ontario Teachers' Pension Plan Board announced the appointment of new leaders to oversee the Capital Markets, Total Fund Management, and Global Investment Strategy investment departments, effective immediately.

Overjet: Dental AI Company Raises $53 Million At $550 Million Valuation

By Amit Chowdhry ● Mar 5, 2024

Overjet—a leader in dental AI—announced a $53.2 million Series C round, the largest investment ever in artificial intelligence for dentistry. March Capital led this historic round, which also included General Catalyst, Insight Partners, E14 Fund, Crosslink Capital, Spring Rock Capital, Liquid 2 Ventures, Harmonic Growth Partners, and the American Dental Association. This brings Overjet's total funding to about $133 million and increases the company's valuation to $550 million.

FogPharma: $145 Million Raised To Discover And Develop Helicon Therapeutics

By Amit Chowdhry ● Mar 4, 2024

FogPharma - a clinical-stage biopharmaceutical company dedicated to delivering a new class of therapies that go beyond the limits of currently available medicines using its Helicon peptide platform - announced the successful closing of a $145 million Series E financing round. And the funding was led by Nextech Invest with participation from other new investors including RA Capital Management, Rock Springs Capital, General Catalyst, Marshall Wace, Samsara Biocapital, Foresite Capital, Symbiosis, Catalio Capital Management, Sixty Degree Capital and former chairman and CEO of Johnson & Johnson, Alex Gorsky.

Autogon AI Raises Funding From Fast Forward Venture Studio

By Amit Chowdhry ● Mar 1, 2024

Autogon AI - a no-code AI orchestration platform - announced it had received backing from Fast Forward Venture Studio. And Autogon’s model enables any business – regardless of size – to conveniently harness the power of AI.

Why Totango And Catalyst Are Merging

By Amit Chowdhry ● Mar 1, 2024

Totango (a top enterprise customer success software) and Catalyst (the leading customer growth platform) announced that they are merging to provide one of the most powerful customer growth platforms on the market. About 600 organizations globally trust the platforms to drive business outcomes, and the new organization will provide businesses with a unified solution to drive measurable growth from their customer base.

Looq AI: Survey Technology Company Secures $2.6 Million

By Amit Chowdhry ● Mar 1, 2024

Looq AI has secured $2.6 million in a preferred series of seed funding led by BootstrapLabs, a venture capital firm focused on applied artificial intelligence, with the participation of Longley Capital and Spatial Capital. Looq AI has raised $3.75 million to date in connection with its initial pre-seed round.

Elevated Signals: Modern Manufacturing Software Company Raises C$7.9 Million

By Amit Chowdhry ● Feb 28, 2024

Elevated Signals - a company pioneering modern manufacturing software - announced that it has secured C$7.9 million in Series A funding.

Why HYPE Innovation Is Buying Planbox

By Amit Chowdhry ● Feb 28, 2024

HYPE Innovation and Planbox - two major players in innovation management – have announced a merger. This union creates an unparalleled platform, solidifying its commitment to empowering organizations to conquer the ever-evolving business world challenges, ensuring they are current and future-fit.

Governor JB Pritzker Reveals Historic $500 Million Investment Aligning With The CHIPS And Science Act

By Amit Chowdhry ● Feb 28, 2024

Innovate Illinois Chair and Governor JB Pritzker has announced a groundbreaking proposal to allocate $500 million towards advancing beyond silicon quantum technology in the state. This investment, part of the state's latest budget proposal, is poised to position Illinois as a national leader in advancing the semiconductor industry, quantum computing, and AI.