Innovation

Ship Angel: AI-Native International Shipper Platform Company Raises $5 Million

By Amit Chowdhry ● Jun 17, 2024

Ship Angel, a transformative AI-native platform for international shippers, announced it has raised $5 million in funding co-led by Glasswing Ventures and newark venture partners (nvp), with participation from Bienville Capital, Socii Capital, and Plug and Play. This funding supports the expansion of Ship Angel's ocean and air freight Rate Management Platform, including the launch of two AI-powered solutions designed to optimize beneficial cargo owners' (BCOs) workflows. These solutions were unveiled at the Plug and Play Silicon Valley June 2024 Summit.

DexCare Reveals 3 New Strategic Partners

By Amit Chowdhry ● Jun 17, 2024

DexCare revealed the addition of three strategic investors: Community Health Network, Tampa General, and Texas Health Resources. These partners join a solid bench of health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham. Backed with industry insiders, DexCare has the capital runway to accelerate market adoption of its care orchestration platform, which enables health systems to serve more patients with the same clinical resources. The additional partners are part of the Series C funding round led by ICONIQ Growth.

BlinqIO: Autonomous Gen AI Software Testing Company Raises $5 Million

By Amit Chowdhry ● Jun 17, 2024

Leading generative-AI (Gen AI) software testing platform BlinqIO announced a $5 million funding round, led by Flint Capital and key executives from Silicon Valley. This funding round will assist the first-ever AI test automation engineer in rolling operations across the US and help solve the major lack of test programmers for enterprises globally. BlinqIO is unique for companies and software teams in that test scripts and maintenance are carried out by generative AI without needing any human intervention.

Nada: Seed Extension Raised And Tore Steen Named As New CEO

By Amit Chowdhry ● Jun 17, 2024

Nada, an investment tech platform that bridges homeowners and investors through home equity, announced the appointment of Tore Steen as its new Chief Executive Officer (CEO) and President. Steen - who has been serving on Nada's Board of Directors and will assume his new role, guiding Nada’s mission to revolutionize real estate wealth. Nada has also secured new funding as a seed extension led by repeat investors LiveOak Ventures and 7BC Venture Capital.

Canary Technologies: AI-Based Hotel Guest Company Raises $50 Million

By Amit Chowdhry ● Jun 17, 2024

Canary Technologies, a global leader in hotel guest management technology, announced that it has closed a $50 million Series C funding round. This round was led by Insight Partners, who also led the company's Series B, with participation from existing investors F-Prime Capital, Thayer Ventures, Y-Combinator, and Commerce Ventures. This brings Canary's total funding to date to nearly $100 million.

Proactive Security Company NetSPI Acquires Hubble

By Amit Chowdhry ● Jun 17, 2024

Proactive security solution company NetSPI announced the acquisition of Hubble Technology, a Northern Virginia-based cyber asset attack surface management (CAASM) and cybersecurity posture management solution. The integration of Hubble's Asset Intelligence and CAASM product, Aurora, into The NetSPI Platform will empower security teams to achieve complete visibility of their rapidly evolving attack surfaces and tackle asset and exposure management challenges.

Rental Economy Loyalty Company Stake Buys Circa For $9.5 Million

By Amit Chowdhry ● Jun 17, 2024

Stake, a loyalty company for the rental economy, announced the acquisition of rent payments company Circa for $9.5 million in cash and stock. The acquisition creates a first for the rental economy: delivering no-fee rent payments with instant Cash Back for renters. Free payment processing and success-based collections management are now available alongside Stake's loyalty, renter banking services, and incentive optimization services.

Green Badger: The Story Behind This Leading Sustainability And ESG Provider

By Amit Chowdhry ● Jun 17, 2024

Green Badger is a leading SaaS provider simplifying sustainability and ESG in the built industry. It is accelerating environmentally responsible construction worldwide by equipping the built industry with affordable technology and the knowledge to automate and easily report LEED compliance and ESG metrics. Pulse 2.0 interviewed Green Badger founder and CEO Tommy Linstroth to learn more about the company.

Wild Common: Agave Spirits Company Secures $5 Million From HIPstr

By Amit Chowdhry ● Jun 17, 2024

Wild Common, a leading creator of agave spirits that honors craftsmanship and fosters a shared reverence for the land, announced it had raised $5 million for its Series A funding round from HIPstr (the early-stage investment arm of HighPost Capital).

Radian Arc: Infrastructure As A Service Company Raises $9 Million

By Amit Chowdhry ● Jun 17, 2024

Radian Arc, an Infrastructure as a Service (IaaS) provider specializing in cloud gaming and artificial intelligence (AI), announced the successful closing of its Series B funding round at $9 million. And this funding round was led by BITKRAFT Ventures, a renowned gaming and web3 venture capital firm, with significant participation from industry leaders AMD Ventures, Boston, and Saffelberg.

MultiversX And Cornell University Partner On Blockchain Essentials Program

By Amit Chowdhry ● Jun 17, 2024

Building on a history of collaborations like those with the University of Vienna and ELTE Budapest, MultiversX is continuing to invest in educational initiatives by offering underprivileged college students the opportunity to take part in a Blockchain Essentials program with eCornell, the online education unit of Cornell University.

ElmediX: Up To Є5 Million For Series A Following Strong Signals In Pancreatic Cancer Patient Clinical Study

By Amit Chowdhry ● Jun 16, 2024

Scientists from Columbia University in New York showed that the growth rate of pancreatic cancer, measured in patients' blood using CA19-9 as biomarker, determines survival chances and can be used as a quick way to assess treatment effectiveness. And at the end of a treatment cycle, the patient and the treating physician have a clear view of the treatment's effectiveness. ElmediX is demonstrating strong signals of effectiveness of its new hyperthermic treatment in a clinical study for pancreatic cancer patients at the University Hospital Antwerp (UZA in Belgium) based on the CA19-9 platform. This treatment platform influences multiple pathways to treat the tumor.

UmbrellaAI Partners With MBA Students At University of Virginia’s Darden School Of Business On StructuralAI Business Applications

By Amit Chowdhry ● Jun 16, 2024

"StructuralAI" from UmbrellaAI enables transparent applications where users can see and audit how the AI makes its decisions. MBA students at the University of Virginia's Darden School of Business learned about UmbrellaAI's Structural AI and developed hypotheses about the most attractive go-to-market opportunities.

Indico Data: $19 Million Closed To Automate Intake Workflows Across Policy Lifecycles

By Amit Chowdhry ● Jun 16, 2024

Indico Data, a leading solution for the automating of critical intake workflows across the policy lifecycle, announced the closing of a $19 million funding round with a strategic investment from Guidewire, a platform for Property and Casualty (P&C) insurers. This funding and partnership with Guidewire will drive Indico Data's goal of delivering AI technology to enable enterprises to make better decisions with better data, driving improved operational efficiencies and top-line revenue growth.

Clearhaven Partners Buys Software-Defined Video Platform Zixi

By Amit Chowdhry ● Jun 16, 2024

Zixi, a provider of Software-Defined Video Platforms (SDVP) and the industry leader for enabling reliable, scalable, and cost-efficient live video transport over Internet protocol networks, announced that private equity firm Clearhaven Partners, along with Zixi's executive team, has completed a significant investment in the company to drive it to the next stages of growth.

Greater Sum Ventures Acquires Law Enforcement Platform Company Kologik

By Amit Chowdhry ● Jun 16, 2024

Entrepreneurial family office and growth equity firm Greater Sum Ventures (GSV) announced the acquisition of Kologik, a leader in responsive, scalable, and user-friendly software for law enforcement agencies.