Innovation

The Borgman Company Buys West Texas Oil Assets For $31.1 Million

By Amit Chowdhry ● Today at 1:45 PM

The Borgman Company (TBC), a privately held Dallas-based giant, has agreed to acquire an undisclosed oil company with producing assets and service infrastructure in West Texas. The $31.1 million transaction significantly expands TBC's presence and resource base in the Permian Basin.

SAI360 Buying Hintbox For Enhancing US Whistleblower Systems

By Amit Chowdhry ● Today at 1:44 PM

SAI360, a leader in integrated risk and compliance software, has acquired Lawcode GmbH, the German creators of Hintbox. Hintbox is a next-generation whistleblower hotline and case management platform, widely trusted in the DACH region. This deal aims to significantly modernize the U.S. hotline case management and reporting landscape.

Microsoft Investing Over $4 Billion For AI Education

By Amit Chowdhry ● Today at 1:31 PM

Microsoft is launching Microsoft Elevate and the AI Economy Institute to ensure that, as AI transforms the world, people are equipped with the skills and tools to thrive. This initiative focuses on "putting people first" as AI becomes increasingly personal for students, teachers, and business owners.

Leonardo Enhances Cybersecurity Offerings With Axiomatics Acquisition

By Amit Chowdhry ● Today at 1:30 PM

Leonardo has strengthened its cybersecurity offerings by acquiring Swedish company Axiomatics AB. This move adds a crucial component to Leonardo's Zero Trust portfolio, a cybersecurity model where all system, network, and data access is continuously verified. This approach, integral to Leonardo’s Global Cybersecurity Platform (GCC Platform), enhances cyber observability and proactive threat anticipation.

Ionic: $29 Million Series B Raised For Advanced Materials Platform

By Amit Chowdhry ● Today at 1:27 PM

Ionic Mineral Technologies (Ionic MT), a U.S. producer of advanced materials for the energy, defense, and technology sectors, has closed an oversubscribed $29 million Series B financing round. The funding, which exceeded its $25 million target, signals strong investor confidence in Ionic MT's goal to establish a secure, domestic supply chain for critical battery components.

CoRegen: Over $93 Million Raised For Developing New Cancer Treatments

By Amit Chowdhry ● Today at 12:35 PM

CoRegen - a biopharmaceutical company developing new treatments for aggressive cancers - announced it has successfully closed a $93.39 million financing round. This funding round will advance the company's chemistry, manufacturing, and controls (CMC) development and enable the initiation of a Phase 1/2 clinical trial in the first half of 2026.

Layer: $6.6 Million Seed Funding Raised For Embedded Accounting Platform

By Amit Chowdhry ● Today at 12:34 PM

Layer, a leading embedded accounting platform for small and medium-sized business (SMB) software, today announced it has raised $6.6 million in seed funding. The round was led by Emergence Capital, with participation from Better Tomorrow Ventures (BTV).

Carnegie Mellon University Highlights Energy Startups

By Amit Chowdhry ● Today at 12:31 PM

Carnegie Mellon University (CMU) is known as a hub for energy innovation, with startups emerging from its research to address critical issues in the power grid, climate technology, and energy efficiency.

Mitchell Capital: Controlling Interest In Digital Twin Company Optelos Acquired

By Amit Chowdhry ● Today at 12:29 PM

Private equity firm Mitchell Capital has acquired a controlling interest in Optelos, a company specializing in digital twin platforms and intelligent asset assurance solutions for critical infrastructure.

Zendesk Buying Analytics Platform Company HyperArc

By Amit Chowdhry ● Today at 12:25 PM

Zendesk has announced the acquisition of HyperArc, an AI-native analytics platform, to advance its AI-driven customer intelligence significantly. This deal marks a significant step in Zendesk's analytics roadmap, aiming to deliver advanced analytics capabilities for its customers.

TROOPS TO Buy 49% Of WORK

By Amit Chowdhry ● Today at 12:23 PM

TROOPS announced its subsidiary, Giant Connection Limited, plans to acquire 49% of WORK, Inc., a co-working space operator in Taiwan, with an option to buy the remaining 51% later.

TitanFile: Growth Investment Raised From SEVA

By Amit Chowdhry ● Today at 12:21 PM

TitanFile, a top secure file-sharing and client collaboration platform, announced it has received a significant minority growth investment from SEVA Growth.

BondCliQ: Investment Raised From FactSet

By Amit Chowdhry ● Today at 12:20 PM

BondCliQ - a provider of consolidated corporate bond quotes - announced it has secured a lead investment from FactSet Research Systems.

Island: JPMorgan Growth Equity Joins Series E Round

By Amit Chowdhry ● Today at 12:18 PM

J.P. Morgan Growth Equity Partners has invested in Island's Series E funding round, recognizing the transformative potential of Island's Enterprise Browser, particularly within the financial services sector.

Stone Point: Tenth Flagship Fund Closed At $11.5 Billion Of Committed Capital

By Amit Chowdhry ● Today at 12:15 PM

Stone Point Capital, a private equity firm specializing in financial services, has officially closed its tenth fund, Trident X, with a total of $11.5 billion in commitments. This significantly exceeds its $9 billion target and hard cap, making it $2.5 billion larger than its predecessor, Trident IX, which closed in 2022.

BitLyft: Interview With Founder & CEO Jason Miller About The MDR Cybersecurity Company

By Amit Chowdhry ● Today at 11:57 AM

BitLyft is a company that helps keep organizations safe by illuminating and eliminating cyber threats before they have time to harm the business. The company achieves this by providing a platform that combines the best of people and software for unparalleled protection of your organization. Pulse 2.0 interviewed BitLyft founder and CEO Jason Miller to learn more about the company.

Lorient: $500 Million Fund III Raised For Investing In Healthcare Startups

By Amit Chowdhry ● Today at 11:52 AM

Lorient Capital, a healthcare-focused investment firm, announced it has successfully closed Lorient Healthcare Fund III with $500 million in commitments, surpassing its $350 million target. The fund, which closed on June 30th, was oversubscribed.

LGND AI: $9 Million Secured For Improving Earth Data

By Amit Chowdhry ● Today at 11:50 AM

LGND AI, a company innovating how people and AI interact with Earth data, announced it has raised $9 million in financing. The round was led by Javelin Venture Partners, with participation from several other firms and notable angel investors, including John Hanke (founder of Keyhole/Google Maps). Noah Doyle of Javelin will join LGND's board.

Actithera: $75.5 Million Series A Secured For Advancing Radioligand Therapies

By Amit Chowdhry ● Today at 11:48 AM

Actithera, a radiopharmaceutical biotech company, has closed an oversubscribed $75.5 million Series A financing round. The company's platform combines rational drug design with radiochemistry to create novel small-molecule radioligands, utilizing first-in-class covalent targeting strategies designed to enhance precision, safety, and efficacy by optimizing tumor residence time while ensuring rapid systemic clearance. And this approach has yielded a FAP-directed RLT development candidate with best-in-class potential.

APFusion: $6.5 Million Seed Funding Secured For Auto Salvage Platform

By Amit Chowdhry ● Today at 11:47 AM

APFusion, a B2B marketplace and SaaS company for the auto salvage industry, announced it has raised $6.5 million in Series Seed financing, bringing its total funding to $7 million. The round was co-led by Left Lane Capital and Bedrock Capital, with continued support from M25.

XerpaAI: $6 Million Seed Funding Secured For Scaling AI Growth

By Amit Chowdhry ● Today at 11:45 AM

XerpaAI, an AI growth platform designed for advancing transformative businesses, announced it has secured $6 million in seed funding, led by UFLY Capital.

Polimorphic: $18.6 Million Series A Raised For Modernizing Government Services

By Amit Chowdhry ● Today at 11:40 AM

Polimorphic, an AI company focused on modernizing local government services for residents, has announced an $18.6 million Series A funding round led by General Catalyst, with continued support from M13 and Shine. This investment will help Polimorphic to enhance its AI solutions for governments, improving efficiency while making services more accessible for constituents.

Nominal: $20 Million Series A Closed For AI-Based ERP Platform

By Amit Chowdhry ● Today at 11:38 AM

Nominal, an AI-based enterprise resource planning (ERP) startup, announced it has raised $20 million in Series A funding, led by Next47, with participation from Workday Ventures, Bling Capital, and Hyperwise Ventures. This brings their total funding to $30 million, aimed at automating complex finance tasks for mid-market and enterprise companies using AI agents.

Centuri: Over $550 Million Awarded For Utility Infrastructure Contracts

By Amit Chowdhry ● Today at 11:31 AM

Centuri, a major North American utility infrastructure services company, announced it has been awarded over $550 million in new customer contracts. These awards highlight Centuri's strength within its existing customer base and its role in developing next-generation energy solutions.

Phil: $60 Million Growth Debt Raised For Advancing AI-Based Pharma Commercialization

By Amit Chowdhry ● Today at 11:30 AM

Phil, a leading software-driven pharmaceutical commercialization platform, announced it has secured $60 million in growth debt financing from K2 HealthVentures.

Neuros Medical: $56 Million Series D Closed For Non-Opioid Pain Treatment

By Amit Chowdhry ● Today at 11:29 AM

Neuros Medical, the maker of the FDA-approved Altius Direct Electrical Nerve Stimulation System for chronic post-amputation pain, announced an oversubscribed $56 million Series D financing round. The funding, led by EQT Life Sciences with participation from existing investors, will support the U.S. commercialization and further development of its breakthrough non-opioid treatment.

Aria Systems: Interview With Co-Founder & Chief Innovation Officer Brendan O’Brien About The Cloud-Based Billing Platform

By Amit Chowdhry ● Today at 9:00 AM

Aria Systems provides a cloud-based monetization platform that eliminates billing bottlenecks, enabling companies to launch and evolve their offerings quickly. Pulse 2.0 interviewed co-founder and Chief Innovation Officer Brendan O’Brien to learn more about the company.

ValidiFI: Interview With CEO John Gordon About The Fintech Company

By Amit Chowdhry ● Yesterday at 9:30 AM

ValidiFI is an analytics and technology company that connects bank account and payment insights to help companies in a variety of industries provide more confident, trustworthy, and transparent transactions. Pulse 2.0 interviewed ValidiFI CEO John Gordon to gain a deeper understanding of the company.

Audacious Inquiry: Interview With GM Greg Farnum About The Health Tech Company

By Amit Chowdhry ● Yesterday at 9:00 AM

Audacious Inquiry, now a PointClickCare company, brings on-the-ground expertise in health information systems, public health information systems, and health information exchange, combined with decades of experience working with and in federal and state agencies and health information exchanges.. Pulse 2.0 interviewed Audacious Inquiry General Manager Greg Farnum to gain a deeper understanding of the company.

Duranta: $7 Million Raised For Helping Landscapers Grow Their Businesses

By Amit Chowdhry ● Yesterday at 8:07 AM

Duranta, a company designed for landscapers and lawn care professionals, announced a $7 million seed funding round. The funding was led by several Silicon Valley firms, including Base10 Partners, Pear, Coalition Operators, and Sunshine Lake, with additional participation from angel investors such as GitHub CEO Thomas Dohmke and PagerDuty co-founder Andrew Miklas.