Innovation

Matrix Renewables: €300 Million In Corporate Debt Financing Closed

By Amit Chowdhry ● May 15, 2024

Global renewable energy platform Matrix Renewables and Santander Corporate & Investment Banking successfully closed a €300 million corporate debt financing.

Alkira: Reinventing Networking By Simplifying Any-To-Any Network Connectivity

By Amit Chowdhry ● May 15, 2024

Alkira is a company reinventing networking for the cloud era with global unified network infrastructure delivered as a service. Pulse 2.0 interviewed Alkira CEO Amir Khan to learn more about the company.

Greenboard: Compliance And Operations Software Company Closes $4.5 Million

By Amit Chowdhry ● May 15, 2024

Greenboard, a new compliance and operations software company for financial services, announced that the company has completed a $4.5 million Series Seed funding round led by Base 10 Partners, with participation from Y Combinator, General Catalyst, Wayfinder Ventures, Liquid2 Ventures, Twenty Two Ventures, Rogue Capital, Transpose Platform, and more.

Gausium: Autonomous Cleaning Solutions Company Secures $50 Million

By Amit Chowdhry ● May 15, 2024

Gausium, a leading company of autonomous cleaning solutions, announced it has raised a cumulative Series D funding round at $50 million.

Data Zoo: Identity Verification Solutions Company Raises $22.7 Million

By Amit Chowdhry ● May 15, 2024

Data Zoo, a leading global identity verification solutions provider, announced approximately $22.7 million (AU$35 million) in Series A funding from Ellerston JAADE (an Ellerston Capital fund). The funding round will help Data Zoo drive the adoption and innovation of its identity verification software. It provides direct access to authoritative data from 170+ countries, features advanced data sequencing to improve efficiency and maximize conversions, and prioritizes data protection and privacy by eliminating identity data storage.

Cross-Border Impact Ventures: Investing In Transformative Health Companies To Meet The Needs Of Women And Children

By Amit Chowdhry ● May 14, 2024

Cross-Border Impact Ventures (CBIV) is on a mission to be the preferred investor for transformative health technology companies with the potential of meeting the needs of women, children and adolescents across global markets. Pulse 2.0 interviewed Cross Border Impact Ventures managing partner Annie Thériault to learn more about the firm.

Harness: Modern Software Delivery Company Raises $150 Million

By Amit Chowdhry ● May 14, 2024

Harness, a Modern Software Delivery Platform company, announced $150 million in financing from Silicon Valley Bank (SVB) - a division of First Citizens Bank and Hercules Capital. This investment will be used strategically to support the expansion of the Harness platform, including the addition of new modules, further integrating generative AI into the platform, and additional investments in the company's go-to-market engine.

Li Industries: $36 Million Closed To Develop Next-Generation Lithium-Ion Battery Recycling Technologies

By Amit Chowdhry ● May 14, 2024

Li Industries announced the successful closing of a $36 million Series B funding round to scale up its next-generation lithium-ion battery recycling technologies. This funding round was co-led by Bosch Ventures, Khosla Ventures and LG Technology Ventures with Formosa Smart Energy Tech Corp., Anglo American Decarbonization Ventures and Chevron Technology Ventures coming in as new investors.

TXOne Networks: Cyber-Physical Systems Company Raises $51 Million

By Amit Chowdhry ● May 14, 2024

TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, announced a significant achievement of securing $51 million in its Series B extension round of funding. Along with TGVest Capital (the lead investor of the B round), Pegatron Group, CDIB Capital Group and CDIB-Innolux II L.P. are continuing to invest. The new investors include the Taiwania Capital and Applied Ventures ITIC Innovation Fund, L.P. (AVITIC) - a joint fund of Applied Ventures, LLC and ITIC-Taiwan (Industrial Technology Investment Corporation).

XTEND: Human-Guided Autonomous Machine Systems Company Closes $40 Million

By Amit Chowdhry ● May 14, 2024

XTEND, the company behind XOS (an AI-driven operating system transforming the way humans interact with drones and robots) announced a $40 million Series B round, led by Chartered Group, with further participation from its existing and new strategic investors, including Clal-Tech.

Sift Healthcare: AI-Based Health Payment Solutions Company Raises $20 Million

By Amit Chowdhry ● May 14, 2024

Sift Healthcare, an AI-powered healthcare payment solutions innovator, announced it raised a $20 million Series B funding round. Led by B Capital, with continued support from existing investors, including Allos Ventures, First Trust Capital Partners and Rock River Capital, Sift will use this funding to prioritize team expansion and technology investments in artificial intelligence as the Company grows its industry-first Payments Intelligence Platform.

Monitaur: Model Governance Company Raises $6 Million

By Amit Chowdhry ● May 14, 2024

Monitaur, a sophisticated model governance software company for highly regulated companies and their partners, announced closing a $6 million Series A funding round led by Cultivation Capital, with participation from Rockmont Partners and others, including Defy VC, Techstars, and Studio VC. This funding will enable Monitaur to accelerate its growth and add talent across functions.

Innova Capital: Seventh Fund Closed At €407 Million

By Amit Chowdhry ● May 14, 2024

Innova Capital, a leading private equity firm based in Central Europe, announced it has successfully closed its latest fund - Innova/7, raising €407 million. This milestone stands as a major milestone in Innova's history as the latest fund surpassed the initial target of €350 million and the hard cap of €400 million.

Crosby Health Raises $2.2 Million And Launches Clinical LLM Apollo

By Amit Chowdhry ● May 14, 2024

Crosby Health, a health tech company developing proprietary AI to automate administrative tasks, announced the launching of its clinical large language model (LLM) Apollo today. The company also revealed it raised $2.2 million in pre-seed funding led by Amplo Ventures and with participation from NOMO Ventures and angel investors.