Innovation

Allez Health: Emerging Biosensor Company Raises $60 Million

By Amit Chowdhry ● May 30, 2024

Allez Health (formerly known as Zense-Life), an emerging biosensor venture founded by proven experts in the continuous glucose monitoring (CGM) space, announced a $60 million Series A+ financing. This funding round was led by Korean in-vitro diagnostics company Osang Healthcare Co., Ltd. as a strategic investor, with participation from existing investors. The new funding round is expected to be used to accelerate growth toward pivotal trials, support regulatory approval filings, and scale manufacturing operations.

Suno: AI-Based Music Creation Company Secures $125 Million

By Amit Chowdhry ● May 30, 2024

Suno, an AI-based music company, announced it has raised $125 million in funding. The funding was provided by Lightspeed Venture Partners, Nat Friedman and Daniel Gross, Matrix and Founder Collective.

H: France-Based AI Company Raises $220 Million In Seed Funding

By Amit Chowdhry ● May 30, 2024

H, a Paris, France-based company has raised $220 million in seed funding. This funding round comes just a few months after the company was founded.

Verse: $20.5 Million Secured For Helping Companies Reduce Electricity Costs

By Amit Chowdhry ● May 30, 2024

Verse - a company that developed software enabling organizations to understand, plan, and manage clean energy - announced it has raised a $20.5M Series A funding round. The funding was led by GV (Google Ventures) with participation from Coatue, CIV, and MCJ Collective and will support Verse as it scales commercial operations and develops new product capabilities to help organizations reduce emissions and lower electricity costs.

Plenful: AI-Based Workflow Automation Company Secures $17 Million

By Amit Chowdhry ● May 30, 2024

OCTO: Fusing A Systems Approach With Design Thinking To Drive Innovation And Growth

By Amit Chowdhry ● May 30, 2024

OCTO is a company that drives innovation and speed to market for technology-driven B2B companies in healthcare, medical technology, industrial technology, and manufacturing technology. Pulse 2.0 interviewed OCTO founder and CEO Justin Sirotin to learn more about the company.

SOCRadar: End-To-End Threat Intelligence And Brand Protection Company Raises $25.2 Million

By Amit Chowdhry ● May 30, 2024

SOCRadar, a provider of enterprise-grade and end-to-end threat intelligence and brand protection, announced the successful completion of its Series B funding round at $25.2 million. This funding round was led by PeakSpan Capital, with participation from Oxx.

ConocoPhillips Buying Marathon Oil In $22.5 Billion All-Stock Deal

By Amit Chowdhry ● May 29, 2024

ConocoPhillips and Marathon Oil announced today that they have entered into a definitive agreement. Pursuant to this agreement, ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 billion, including $5.4 billion of net debt.

Churchill Asset Management And Dawson Partners: $425 Million Structured Liquidity Solution Transaction Completed

By Amit Chowdhry ● May 29, 2024

Churchill Asset Management (an investment-specialist affiliate of Nuveen focused on middle-market private debt and private equity solutions) and Dawson Partners (a global alternative asset manager focused on providing innovative structured solutions to the private markets) announced the closing of a $425 million transaction.

Aeromine Technologies: Rooftop Wind Energy Company Raises $9 Million

By Amit Chowdhry ● May 29, 2024

Rooftop wind energy innovator Aeromine Technologies announced that it has closed an approximately $9 million funding round to drive the roll out of its breakthrough, motionless, and on-site wind energy solution. And Veriten, the energy research, investing, and strategy firm is the lead investor in the Series A funding round. Plus, investors in the round include global engineering firm Thornton Tomasetti and family offices.

Zendata: AI-Based Data Governance And Privacy Solutions Company Raises $2 Million

By Amit Chowdhry ● May 29, 2024

Zendata, a leading provider of AI-based governance and data privacy solutions, emerged from stealth with $2 million in funding to redefine how security teams manage data and security. The seed funding round was led by PayPal Ventures, First-hand Alliance (operated by Salesforce Alumni), Geek Ventures, and Altari Ventures.

T-Mobile Acquiring Substantially All Of UScellular’s Wireless Operations In $4.4 Billion Deal

By Amit Chowdhry ● May 29, 2024

T-Mobile and UScellular announced that T-Mobile has agreed to acquire substantially all of UScellular’s wireless operations, including UScellular’s wireless customers and stores, and certain specified spectrum assets. Upon the closing of the deal, T-Mobile’s leading 5G network will expand to provide millions of UScellular customers, particularly those in underserved rural areas, a better connectivity experience moving from a roaming experience outside of the UScellular coverage area to full nationwide access on the country’s largest and fastest 5G network.

Harness: Modern Software Delivery Company Buying Split

By Amit Chowdhry ● May 29, 2024

Harness, a Modern Software Delivery Platform company, today announced it entered into an agreement to buy Split Software, a leading Feature Management and Experimentation provider. This strategic deal will define a new standard in software delivery, empowering companies to innovate faster and more efficiently than ever before.

Goody: A Gifting Platform Company Powering Employee Engagement And Client Appreciation In A $240+ Billion Market

By Amit Chowdhry ● May 29, 2024

Goody is a way to send personal and business gifts as easily as a text message. The company’s business gifting platform powers employee engagement, client appreciation, and sales prospecting gifts at over 45,000 leading companies. Pulse 2.0 interviewed Goody's CEO Katy Carrigan to learn more about the company.

ViralGains: Enabling Brands To Nurture Customers By Utilizing Zero-Party Data Via Interactive Ads

By Amit Chowdhry ● May 29, 2024

ViralGains is a advertising platform that enables brands to discover, understand and nurture new and returning customers by leveraging zero-party data via interactive ads, surveys, and audience building technology to support brand-defined strategies. Pulse 2.0 interviewed ViralGains Chairman and CEO Tod Loofbourrow to learn more about the company.