Innovation

MeWe: Privacy-First Social Media Company Secures $6 Million (Series B)

By Amit Chowdhry ● Oct 14, 2024

MeWe, a privacy-first social media network, announced it is launching a growth agenda to accelerate its efforts to bring Web3 to its 20+ million users. The opening of the Series B round, which McCourt Global led, will accelerate MeWe's growth and open doors for further innovation within MeWe, including the further development of new technologies such as AI integration, the launch of new Web3 product features, strategic user acquisition through targeted marketing efforts, and the rollout of a native token to enhance user growth, platform engagement, and platform utility.

Summize: Interview With Co-Founder & CEO Tom Dunlop About The Contract Lifecycle Management Company

By Amit Chowdhry ● Oct 14, 2024

Summize is a company advancing true digital contracting with a CLM solution that prioritizes the user experience. It takes a different approach by embedding workflows directly into existing technologies that you already know and use daily, such as Outlook, Gmail, HubSpot, Teams, Slack, and Word. Pulse 2.0 interviewed Summize co-founder and CEO Tom Dunlop to learn more about the company.

OpenGradient: Decentralized AI Infrastructure Company Raises $8.5 Million (Seed)

By Amit Chowdhry ● Oct 14, 2024

Decentralized AI infrastructure company OpenGradient announced it raised $8.5 million in seed funding. To accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access to AI.

Entegria Systems: Interview With Co-Founder & CTO Tony Tancredi About The Secure Data Workflow Company

By Amit Chowdhry ● Oct 14, 2024

Entegria Systems is a company that has built a secure data workflow platform that has the latest encryption, workflow, and cloud technologies. Pulse 2.0 interviewed Entegria Systems co-founder and CTO Tony Tancredi to learn more about the company.

Rice University Collaborating With BeOne Sports To Advance Sports Performance

By Amit Chowdhry ● Oct 14, 2024

The Rice University Office of Innovation and Rice Athletics formed a strategic partnership with BeOne Sports, an innovative startup founded by Rice alumni pioneering advanced sports performance technology. And this collaboration aims to elevate Rice’s status as a national leader in athletic achievement and research-driven innovation, positioning the university as a testing ground for state-of-the-art, holistic care technologies for student-athletes.

Camping Tools: Interview With CEO Robert McMillan About The Journaling App Company

By Amit Chowdhry ● Oct 14, 2024

Camping Tools is a journaling app for camping memories. It stems from a personal and family-rooted passion for camping and it was built to inspire travel itinerary ideas by enabling you to share your camping experience online with friends and offering a marketplace for outdoor enthusiasts to rent gear with authentic reviews. Pulse 2.0 interviewed Camping Tools CEO Robert McMillan to learn more about the company.

Secure Code Warrior: Interview With CEO Pieter Danhieux About The Coding Platform

By Amit Chowdhry ● Oct 14, 2024

Secure Code Warrior is a secure coding platform that sets the standards that keep our digital world safe. Pulse 2.0 interviewed Secure Code Warrior CEO Pieter Danhieux to learn more about the company.

ApertureData: $8.25 Million (Seed) Raised To Simplify Complexities Of Multimodal Data

By Amit Chowdhry ● Oct 14, 2024

ApertureData announced it closed an oversubscribed seed round at $8.25M for a purpose-built database for multimodal AI. This funding round was led by TQ Ventures and participated in by Westwave Capital, Interwoven Ventures, and a group of high-caliber angel investors. Existing investors also reaffirmed their commitment to ApertureData's vision.

Pursuit Aerospace Completes Strategic Acquisitions Of Prescott Precision Die And Merc Aerospace

By Amit Chowdhry ● Oct 14, 2024

Pursuit Aerospace - a global manufacturer of complex aircraft engine components - announced it has completed the strategic acquisitions of both Prescott Precision Die and Merc Aerospace.

ACMI Federal: Interview With Head Of Federal Program Victor Boelscher

By Amit Chowdhry ● Oct 14, 2024

American Center for Manufacturing & Innovation (ACMI) is an organization working to revitalize the American industrial base through its three affiliates: ACMI Capital, ACMI Properties, and ACMI Federal. Pulse 2.0 interviewed ACMI’s Head of Federal Programs, Victor Boelscher, to learn more.

Scope3: Collaborative Sustainability Platform Company Raises $25 Million

By Amit Chowdhry ● Oct 14, 2024

Scope3, a collaborative sustainability platform decarbonizing media and advertising, announced the closing of $25 million in a strategic funding round led by GV. The funding round included participation from existing investors Venrock, Room40 Ventures, and Craft Ventures, and from new investors Aperiam Ventures and Virgo Strategic Investments.

CapIntel Partners With FactSet To Enhance Wealth Management Services

By Amit Chowdhry ● Oct 14, 2024

CapIntel (a leading proposal generation and client engagement platform) and FactSet (a global financial digital platform and enterprise solutions provider) entered a strategic partnership to enhance the wealth management experience. Through the FactSet Workstation, advisors can now create and share CapIntel’s digital, compliant, and personalized proposals for a seamless workflow and user experience.

MedCognetics Reveals First Embedded AI Cancer Detection System For Mammography Imaging

By Amit Chowdhry ● Oct 14, 2024

MedCognetics, a company focusing on medical imaging AI, announced the successful testing and implementation of the first embedded AI image processing and cancer detection system for mammography. This system - which utilizes the NVIDIA IGX Orin medical-grade edge AI platform alongside MedCognetics’ advanced AI-enabled software CogNet AI-MT - was developed in collaboration with clinical leaders worldwide. CogNet AI-MT has been trained on a diverse global dataset to enhance radiologists' performance and help improve patient outcomes worldwide.

Chan Zuckerberg Biohub New York Launches To Bring Together Talented Scientists From Local Universities

By Amit Chowdhry ● Oct 14, 2024

Leadership from Chan Zuckerberg Biohub New York, the Chan Zuckerberg Initiative (CZI), and representatives from Columbia University, The Rockefeller University, and Yale University recently gathered to celebrate progress in their mission to bioengineer immune cells for the early detection and treatment of diseases.

RadiantGraph: $11 Million (Series A) Raised For Expanding AI-Based Personalized Engagement For Health Plans

By Amit Chowdhry ● Oct 14, 2024

RadiantGraph, a platform using AI to drive consumer engagement for healthcare, announced that it has raised an $11 million Series A funding round, led by M13, with meaningful participation from XYZ Ventures and True Ventures. The funding will be used to continue the expansion of the company’s platform capabilities and drive scalable growth and savings within health plans and health service organizations. The company’s seed round included Glen Tullman (CEO, Transcarent), Lee Shapiro (CFO, Livongo), Mohsin Hussien (CTO, Liveramp), Yusuf Sherwani (CEO, Pelago Health), and Chethan Bachireddy (Chief Health Officer, Harris Health).

Quartr: Public Market Research Company Raises $6 Million

By Amit Chowdhry ● Oct 14, 2024

Quartr, a software and data provider transforming qualitative public market research for finance and investor relations (IR) professionals, announced the closing of a $6 million investment from Altos Ventures.

SuiteSpot: Multifamily Centralization Platform Closes Series A Funding Round

By Amit Chowdhry ● Oct 14, 2024

SuiteSpot, a multifamily centralization software, announced the closing of its Series A financing round. The round was led by leading real estate technology venture capital firm RET Ventures, with additional participation from UDR, a leading multifamily REIT.

Truthset: Data Validation-As-A-Service Offering Raises $5 Million (Series A)

By Amit Chowdhry ● Oct 14, 2024

Truthset, a leading data validation-as-a-service offering, announced it secured $5 million in Series A funding to accelerate its next phase of growth and adoption with the advertising industry. Data Point Capital led the round with participation from more than 20 industry insiders.

Beam Benefits: $40 Million In Growth Capital From Trinity Capital

By Amit Chowdhry ● Oct 14, 2024

Trinity Capital - a leading provider of diversified financial solutions to growth-oriented companies - announced the commitment of $40 million in growth capital to Beam Benefits, a digitally native employee benefits company.

Surfin: Fintech Platform For Underserved Markets Raises $12.5 Million

By Amit Chowdhry ● Oct 14, 2024

Surfin, a financial technology platform dedicated to serving the underserved middle class, announced it has raised $12.5 million from Insignia Ventures Partners. This funding round comes as Surfin announces its service to 60 million individuals across eight countries on three continents, with about $2.7 billion in cumulative transactions.

Feed The Future Innovation Lab For Fish At Mississippi State University Reveals Startup And Scaling Activities

By Amit Chowdhry ● Oct 14, 2024

Mississippi State University announced it supports the U.S. Agency for International Development-funded Feed the Future Innovation Lab for Fish, managed by MSU’s Global Center for Aquatic Health and Food Security. Recently, the Fish Innovation Lab announced a $600,000 portfolio of six new one-year activities to increase food security in Asia and Africa.

Case Status: $19.7 Million (Series B) Raised For Transforming Legal Client Engagement

By Amit Chowdhry ● Oct 14, 2024

Case Status, a leading AI-based client engagement platform for law firms, announced the closing of its Series B funding round at $19.7 million led by Grayhawk Capital and Topmark Partners. This funding round also includes BIP Ventures, Front Porch Ventures, and more. Case Status was launched in 2018 by Attorney Lauren Gulley and tech entrepreneur Andy Seavers.

Princeton University Launches Office Of Innovation

By Amit Chowdhry ● Oct 14, 2024

Princeton University announced it has launched the Office of Innovation, a bold step to facilitate and elevate the University’s expanding innovation pursuits. This office will be a key resource for faculty, researchers, and entrepreneurs who want to be involved in building a collaborative ecosystem that will spur real progress on society’s most pressing challenges.

University Of Melbourne: Seven Startups To Raise $11.7 Million

By Amit Chowdhry ● Oct 14, 2024

Seven early-stage startups are expected to receive between them $11.7 million in investment, an outcome of the University of Melbourne’s strategy to drive research translation by supporting the growth of more early-stage ventures affiliated with the University and its medical research institute partners. And these investments come from the $15 million University of Melbourne Genesis Pre-Seed Fund in partnership with Breakthrough Victoria, and the $125 million Tin Alley Ventures fund, a joint venture with Tanarra Capital, both now in their second year of operation.

Chartbeat Raises Strategic Growth Funding From Bain Capital

By Amit Chowdhry ● Oct 13, 2024

Chartbeat, a leading media software platform and a portfolio company of Cuadrilla Capital announced that it has received a strategic growth investment from Bain Capital's Private Credit Group. And Bain Capital will join Cuadrilla as an institutional investor in Chartbeat.

EPAM To Buy Northern Ireland-Based Managed Services Company First Derivative

By Amit Chowdhry ● Oct 13, 2024

EPAM Systems announced an agreement to buy First Derivative, a Northern Ireland-based managed services and consulting business for the capital markets industry with over 1,800 employees worldwide and major delivery capability in the U.K., Ireland, North America, and APAC.

Qantev: AI-Based Health And Life Insurance Platform Company Raises $33 Million

By Amit Chowdhry ● Oct 13, 2024

Qantev – which is one the most advanced AI-based platform transforming how health and life insurers manage claims, reduce costs and improve services – announced it has raised $33 million in a new funding round led by Blossom Capital, with participation from existing investors Elaia, Omnes and Raise Venture.

Booster Therapeutics: $15 Million Raised To Develop New Class Of Proteasome Activator Medicines

By Amit Chowdhry ● Oct 13, 2024

Booster Therapeutics, a biotechnology company pioneering a new class of proteasome activator medicines to treat neurodegenerative and other diseases, launched with the support of a $15 million funding led by noted life sciences investors Apollo Health Ventures and Novo Holdings. And Booster was founded by Dr. Diogo Feleciano, Prof. Dr. Darci Trader, and Apollo Health Ventures, emerging from Apollo's company creation investment strategy.

POLARIS Laboratories Raises Strategic Investment From Riverspan Partners

By Amit Chowdhry ● Oct 13, 2024

POLARIS Laboratories - an industry leader in fluid analysis testing and reliability services - announced it has received a strategic investment from Riverspan Partners, a Chicago-based private equity firm specializing in growth-oriented investments in the industrial sector. And Riverspan’s support will bring expertise for POLARIS to advance its position as the independent global leader in maintenance and reliability condition monitoring services.

RCG Global Buys Aethereus To Strengthen Salesforce And Data Services

By Amit Chowdhry ● Oct 13, 2024

RCG Global Services, a leader in technology consulting and business-first engineering and part of the Frontenac portfolio, announced its acquisition of Aethereus, an award-winning Salesforce Summit Partner specializing in advisory, experience design, and multi-cloud transformation. This deal marks a significant milestone in RCG’s growth strategy, strengthening its Salesforce consulting capabilities, expanding its industry and core cloud offerings, and increasing its India presence.