Innovation

StretchSense: $2.3 Million Raised To Drive Global Expansion Of XR Training Gloves

By Amit Chowdhry ● Dec 23, 2025

Wearables technology firm StretchSense, which develops high-tech hand data capture gloves, has raised $2.3 million (£1.75 million) in a funding round led by PXN Ventures and supported by Scottish Enterprise as it pushes global expansion of its extended reality training glove for enterprise and government use.

HCLSoftware To Acquire Jaspersoft From Cloud Software Group

By Amit Chowdhry ● Dec 23, 2025

HCLSoftware, the software business division of HCLTech, announced it has signed an agreement to acquire Jaspersoft, an embedded analytics and “pixel-perfect” reporting platform that operates as a business unit of Cloud Software Group. Financial terms were not disclosed.

Picus Capital: €150 Million Preferred Equity Financing From Carlyle AlpInvest Closed

By Amit Chowdhry ● Dec 23, 2025

Picus Capital has closed a €150 million preferred equity financing from Carlyle AlpInvest, a private markets manager, in a deal the Munich-headquartered venture capital firm said will provide flexible capital for new investments and continued support for its portfolio of nearly 200 companies.

Neural Concept: $100 Million Series C Closed To Scale AI-Native Engineering Platform

By Amit Chowdhry ● Dec 23, 2025

Neural Concept has closed a $100 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives, as the company looks to scale its CAD-native, physics-aware AI platform across enterprise engineering workflows. The round included participation from existing investors Forestay Capital, Alven, HTGF, D. E. Shaw Ventures, and Aster Capital.

FoRx Therapeutics: $50 Million Series A Raised To Advance FORX-428

By Amit Chowdhry ● Dec 23, 2025

FoRx Therapeutics, a clinical-stage biotech developing precision oncology medicines, has closed an insider-led $50 million (CHF 40 million) Series A financing to advance its lead candidate, FORX-428, into and through Phase 1 clinical development in advanced solid tumors.

Bedrock Data: $25 Million Series A Closed For Data Security And AI Governance Platform

By Amit Chowdhry ● Dec 23, 2025

Bedrock Data has expanded its executive team with three new vice presidents as the company looks to scale go-to-market execution amid rising enterprise demand for data security and AI governance. The Menlo Park-based company appointed Jon Engler as vice president of sales, Bryan Liberator as vice president of finance and operations, and John Coyle as vice president of business development.

Trading Technologies Buys OpenGamma To Add Margin And Capital Optimization Analytics

By Amit Chowdhry ● Dec 23, 2025

Trading Technologies International (TT) said it has acquired OpenGamma, a provider of derivatives margin analytics for buy-side and sell-side firms, in a deal intended to deepen TT’s risk and capital efficiency capabilities across its multi-asset platform. Financial terms were not disclosed.

Sauce Labs: Interview With CEO Dr. Prince Kohli About The Cloud-Based Test Platform

By Amit Chowdhry ● Dec 23, 2025

Sauce Labs provides a cloud-based test platform that helps teams automatically test web and mobile apps across a large range of browsers, devices, and operating systems to improve software quality and release speed. Pulse 2.0 interviewed Sauce Labs CEO Dr. Prince Kohli to gain a deeper understanding of the company.

BioMarin To Buy Amicus For $4.8 Billion

By Amit Chowdhry ● Dec 23, 2025

BioMarin Pharmaceutical and Amicus Therapeutics announced BioMarin has entered into a definitive agreement to acquire Amicus in an all-cash transaction valued at approximately $4.8 billion, a deal that would add two marketed rare-disease products and expand BioMarin’s presence in lysosomal storage disorders.

I-care Hits €1 Billion Valuation After €20 Million Funding For Predictive Maintenance Platform

By Amit Chowdhry ● Dec 23, 2025

I-care said it has completed a €20 million fundraising and refinancing operation that values the Belgian predictive maintenance company at €1 billion, pushing the group into unicorn territory. The transaction was structured as a round reserved for existing shareholders and employees.

Roamless: $12 Million Series A Closed To Build Global Mobile Operator For Travelers

By Amit Chowdhry ● Dec 23, 2025

Roamless announced it has raised a $12 million Series A round as it works to build what it describes as the world’s first “truly global” mobile operator, aiming to simplify how travelers stay connected across borders. The round was led by Rasmal Ventures, with participation from Shorooq and Revo Capital, as well as additional backing from Finberg and JIMCO, the company said. Roamless said the financing brings its total capital raised to $18 million since launching in 2023.

Ben Raises Over $27.5 Million To Expand AI-Native Global Employee Benefits Platform

By Amit Chowdhry ● Dec 23, 2025

Ben, the employee benefits technology company operating under Thanks Ben Ltd., has raised more than $27.5 million (£20.8 million) in a Series B financing to accelerate product development and broaden go-to-market efforts as large employers grapple with the growing complexity of benefits across multiple countries.

Chai Discovery: $130 Million Series B At $1.3 Billion Valuation Raised To Advance AI-Driven Molecular Design

By Amit Chowdhry ● Dec 23, 2025

Chai Discovery, a San Francisco-based AI company focused on predicting and reprogramming biochemical molecule interactions, has raised a $130 million Series B financing round co-led by Oak HC/FT and General Catalyst, valuing the company at $1.3 billion.

Sequence: $20 Million Series A Raised To Build AI Agents for Revenue Operations

By Amit Chowdhry ● Dec 23, 2025

Sequence announced it has raised a $20 million Series A financing round to expand its AI-driven platform that automates revenue operations workflows, including quoting, billing, invoicing, collections, and revenue recognition.

Ankar: $20 Million Series A Raised To Expand AI-Powered Patent Platform

By Amit Chowdhry ● Dec 23, 2025

Ankar, a London-based software company building an “AI operating system for innovation,” has raised $20 million in Series A funding to scale its AI-driven patent platform and expand further into the U.S. The round was led by Atomico, with Index Ventures doubling down on its prior investment and additional participation from Norrsken VC and Daphni. With the Series A, the company's total funding now stands at $24 million.

Bain Capital And 11North Close Up To $1.6 Billion Raise To Scale Open-Air Retail Platform

By Amit Chowdhry ● Dec 23, 2025

Bain Capital Real Estate and 11North Partners have closed a capital raise of up to $1.6 billion to invest alongside their co-owned open-air retail platform, expanding their capacity to pursue acquisitions of open-air retail centers across the United States and Canada.

MML Capital Closes €935 Million Keystone I Fundraise

By Amit Chowdhry ● Dec 23, 2025

MML Capital Partners announced it has reached a final close for MML Keystone I and related co-investment and managed vehicles, raising €935 million (about $1.10 billion) for the debut strategy, with commitments from institutional investors across Europe, North America, Asia, Australia, and the Middle East.

Premialab Secures $220 Million To Expand QIS Data And Execution Platform

By Amit Chowdhry ● Dec 23, 2025

Premialab, a provider of data, analytics and risk management tools for quantitative investing, has secured a $220 million growth investment led by KKR, with existing backer Balderton also participating. The funding is intended to support Premialab’s next phase of global expansion, accelerate product development, and scale operational systems as the company deepens its footprint in the market for quantitative investment strategies.

HARMAN To Buy ZF’s ADAS Business For €1.5 Billion

By Amit Chowdhry ● Dec 23, 2025

HARMAN International, the Samsung Electronics-owned automotive technology supplier, has signed a definitive agreement to acquire ZF Group’s Advanced Driver Assistance Systems business in a transaction valued at €1.5 billion.

Kargo: $42 Million Series B Raised To Expand AI-Powered Warehouse Deployments

By Amit Chowdhry ● Dec 23, 2025

Kargo, an industrial artificial intelligence company focused on supply chain and logistics, has raised a $42 million Series B funding round as it looks to scale deployments of its warehouse and loading dock technology with large enterprise customers.

Neurable: $35 Million Series A Raised To Bring Everyday Brain Computer Interface Tech To Market

By Amit Chowdhry ● Dec 23, 2025

Neurable has raised $35 million in a Series A round to accelerate the commercialization of Neurable AI, its compact brain signal-processing technology aimed at embedding noninvasive brain-computer interface capabilities into consumer devices people already use in daily life. Spectrum Moonshot Fund led the round and it brings Neurable’s total funding to $65 million.

iPower Launches Digital Asset Treasury With $30 Million Convertible Note Facility

By Amit Chowdhry ● Dec 23, 2025

iPower announced it has entered into a $30 million convertible note financing facility with a U.S.-based institutional investor, a transaction the company plans to use to strengthen its balance sheet and launch a Digital Asset Treasury strategy as part of a broader push to link digital assets with real-world commerce.

YSE Beauty: $15 Million Series A Raised For Skincare Brand

By Amit Chowdhry ● Dec 23, 2025

YSE Beauty, the clinically tested skincare brand founded by entrepreneur and actress Molly Sims, has closed a $15 million Series A growth equity round to accelerate its expansion at Sephora, invest in new product development, and further scale its direct to consumer business.

Looma: $13 Million Closed To Expand In Store Retail Media Network And Rolls Out To Nearly 600 Kroger Stores

By Amit Chowdhry ● Dec 23, 2025

Looma, an in-store retail media platform focused on storytelling and product recommendations at the shelf, has raised $13 million in new capital to accelerate its national expansion and support a major Kroger rollout in wine and spirits departments.

Adaptive Security: $81 Million Series B Secured To Counter AI Powered Cyber Threats

By Amit Chowdhry ● Dec 23, 2025

Adaptive Security has raised an $81 million in Series B funding as it scales a platform designed to help organizations defend against AI-enabled impersonation, deepfakes, and multi-channel social engineering attacks. The round was led by Bain Capital Ventures and included participation from NVentures, NVIDIA’s venture capital arm, the OpenAI Startup Fund, Andreessen Horowitz, Abstract Ventures, Capital One Ventures, and Citi Ventures.

Mobius Materials: $3 Million Seed Funding Closed To Bring Transparency And Liquidity To The Secondary Semiconductor Market

By Amit Chowdhry ● Dec 23, 2025

Mobius Materials, a Richmond, Virginia-based startup positioning itself as a safe spot market for semiconductors, has closed a $3 million Series Seed financing round as it looks to bring more liquidity, quality control, and price transparency to the secondary market for chips and electronic components.

Vital Lyfe: $24 Million Seed Funding Raised To Scale Portable Water Making Systems

By Amit Chowdhry ● Dec 23, 2025

Vital Lyfe, a Hawthorne, California-based startup developing portable systems that can produce purified water from a range of natural sources, including seawater, has raised $24 million in financing to accelerate manufacturing and expand early deployments as it prepares to bring its first consumer-ready products to market in 2026.

DataLane: $22.5 Million Series A Closed To Map 20 Million Local Businesses

By Amit Chowdhry ● Dec 23, 2025

DataLane, a New York based startup building an identity graph for local businesses, has raised a $22.5 million Series A financing round led by Amplify Partners, as the company aims to help enterprises more accurately find, verify, and reach offline merchants across the United States.

Last Energy: $100+ Million Series C Raised For Nuclear Technology

By Amit Chowdhry ● Dec 23, 2025

Last Energy, an advanced nuclear technology company, said it has closed an oversubscribed Series C financing of more than $100 million to fund development of its pilot reactor and prepare for initial deployments of its micro modular nuclear plants.

PERENfra Closes $142.8 Million Oversubscribed Debut Fund to Invest in U.S. Water Infrastructure

By Amit Chowdhry ● Dec 23, 2025

PERENfra has completed fundraising for its inaugural Perennial Infrastructure Fund I with $142.8 million in committed capital, closing the vehicle at an oversubscribed level as the firm looks to scale investments across essential water infrastructure projects in high-growth U.S. markets.