Innovation

bolttech: $147 Million Series C Closed At $2.1 Billion Valuation For Insurance Technology Platform

By Amit Chowdhry ● Jun 13, 2025

bolttech, which is one of the fast-growing global insurtech companies, announced the addition of Sumitomo Corporation (one of Japan’s largest trading houses) and Iberis Capital (a leading private equity and venture capital manager in Portugal) as strategic investors.

Signify Bio: $15 Million Raised For Creating Personalized Medicines

By Amit Chowdhry ● Jun 13, 2025

Signify Bio, which is a pioneering biotechnology company harnessing the human body for the production of in situ protein therapeutics, announced an oversubscribed $15 million initial financing.

Ryan Specialty To Buy JM Wilson

By Amit Chowdhry ● Jun 13, 2025

Ryan Specialty - a leading international specialty insurance firm - announced that it has signed a definitive agreement to acquire the business of J.M. Wilson Corporation. JM Wilson is based in Michigan, and its operations will become a part of RT Binding Authority, which is the binding authority specialty of Ryan Specialty.

TytoCare: Interview With Co-Founder & CEO Dedi Gilad About The Home Smart Clinic Company

By Amit Chowdhry ● Jun 12, 2025

TytoCare is a company that collaborates with leading health plans and providers to introduce Home Smart Clinic solutions, enabling accessible, high-quality primary care from the comfort of home, without compromises. Pulse 2.0 interviewed TytoCare co-founder and CEO Dedi Gilad to gain a better understanding of the company.

Micron Expanding US Investments By About $200 Billion With Trump Administration Support

By Amit Chowdhry ● Jun 12, 2025

Micron Technology and the Trump Administration today announced Micron’s plans to expand its U.S. investments to about $150 billion in domestic memory manufacturing and $50 billion in R&D, creating an estimated 90,000 direct and indirect jobs.

Allegion To Buy ELATEC In €330 Million Deal

By Amit Chowdhry ● Jun 12, 2025

Allegion, a leading global security products and solutions provider through one of its subsidiaries, announced it has signed a definitive agreement to acquire ELATEC, including Elatec and other group entities from Summit Partners for €330 million on a cash-free, debt-free basis. Allegion plans to fund the acquisition through a combination of cash on hand and borrowings under its existing revolving credit facility.

Muon Space: $146 Million Series B Raised For Scaling Satellite Constellations

By Amit Chowdhry ● Jun 12, 2025

Muon Space, a provider of end-to-end space systems specializing in mission-optimized satellite constellations, announced the closing of its oversubscribed $89.5 million Series B1 round, bringing total Series B funding to $146 million. The new funding round features $44.5 million in equity and $45 million in credit facilities, following the company's initial Series B close in August 2024. The B1 round was led by Congruent Ventures and included existing investors Activate Capital, Acme Capital, Costanoa Ventures, and Radical Ventures. Plus, Muon also welcomed new investor ArcTern Ventures to the syndicate.

Autonomize AI: $28 Million Series A Raised For Healthcare And Life Sciences Agentic Platform

By Amit Chowdhry ● Jun 12, 2025

Autonomize AI, a pioneer in AI-driven healthcare solutions, announced that it raised $28 million in Series A funding, bringing total capital raised to $32 million to date. Valtruis, The Cigna Group Ventures, Tau Ventures, and other strategic investors led the round. Plus, Asset Management Ventures, ATX Venture Partners, and Capital Factory are some of the company’s existing investors who also participated.

Vine Financial: Seed Funding Secured To Make Commercial Lending More Efficient

By Amit Chowdhry ● Jun 12, 2025

Vine Financial, a commercial lending accelerator for banks and credit unions, has secured seed funding and assembled its board of directors.

Meter: $170 Million Series C Raised For Enterprise Internet Infrastructure Solutions

By Amit Chowdhry ● Jun 12, 2025

Meter, a provider of internet infrastructure solutions for the enterprise, today announced it raised $170 million in a Series C funding round led by Hemant Taneja at General Catalyst, with new and existing investors like Baillie Gifford, Lachy Groom, J.P. Morgan, Microsoft, Sequoia Capital, Tishman Speyer, WndrCo, and 53 Stations.

Landbase: $30 Million Secured For Helping Businesses Find Customers

By Amit Chowdhry ● Jun 12, 2025

Landbase, an agentic AI company transforming how businesses grow, today announced it has raised $30 million in Series A funding. The funding round was co-led by Sound Ventures (the AI-focused fund co-founded by Ashton Kutcher and Guy Oseary) and returning investor Picus Capital. The funding round also included strong participation from other existing backers, including 8VC, A*, Firstminute Capital, and TheGP.

Volantis: $9 Million Seed Funding Raised For Advancing Photonically Integrated Computers

By Amit Chowdhry ● Jun 12, 2025

Volantis, a semiconductor startup developing photonically integrated computers for the AI era, today emerged from stealth and announced a $9 million seed funding round. The round includes backing from Alex Wang (Scale AI) and Trevor Blackwell (Y Combinator). Sam Altman backed Volantis in April 2022, betting on the need for foundational breakthroughs in computing long before today’s AI infrastructure limitations became apparent.

Olyzon: $5 Million Raised For Advancing Agentic AI Platform For CTV Advertising

By Amit Chowdhry ● Jun 12, 2025

Agentic CTV advertising platform Olyzon announced a $5 million seed extension round led by Cassius Capital, with continued participation from Ventech, Eurazeo, and strategic angels including Greg Coleman (former President of Criteo), Tom O'Regan (former CEO of Madison Logic), Cédric Mao (founder of Epic12), and Christophe Parcot (former executive at Ogury, Teads, and Yahoo). The funding round included $3.8 million in equity, which was complemented by non-dilutive funding from Bpifrance and a consortium of banking partners.

George Mason University: Grand Challenge Initiative To Drive A Sustainable Future

By Amit Chowdhry ● Jun 12, 2025

George Mason University has recently announced the launch of its Grand Challenge Initiative, a comprehensive research framework backed by an initial five-year, $15 million investment. This initiative will align university resources, faculty expertise, and educational programs around six interconnected solution areas, addressing what George Mason President Gregory Washington described as "humanity's ultimate grand challenge": securing a peaceful, healthy, and prosperous future.

IonQ Buying Oxford Ionics In $1.08 Billion Deal

By Amit Chowdhry ● Jun 12, 2025

IonQ and Oxford Ionics announced they have entered into a definitive agreement for IonQ to buy Oxford Ionics in a transaction valued at $1.075 billion, which will consist of $1.065 billion in shares of IonQ common stock and approximately $10 million in cash (subject to customary closing adjustments and expenses).

Neuberger Berman: $4 Billion Raised For Secondary Fund

By Amit Chowdhry ● Jun 12, 2025

Neuberger Berman, a private, independent, and employee-owned investment manager, announced the final closing of NB Strategic Capital Fund II, with total capital commitments exceeding $4 billion. This figure includes additional capital committed by limited partners to co-invest alongside the fund.

Paytient: $40 Million Raised For Advancing Market Expansion

By Amit Chowdhry ● Jun 12, 2025

Paytient, a healthcare payments company helping people better access and afford care, announced it has secured $40 million from Trinity Capital. This facility will support Paytient's expansion into large group employer-sponsored plans, alternative health plans, the ACA marketplace, and Medicare, as plan-embedded out-of-pocket affordability or cost-smoothing solutions are becoming standard in health plan benefits.

Chckvet: Pre-Seed Funding Raised For Vet Clinic Management Platform

By Amit Chowdhry ● Jun 12, 2025

Chckvet, a fully integrated online scheduling, client communication, and analytics software for veterinary clinics, announced a Pre-Seed funding round.

Trucordia: $1.3 Billion Funding Raised At $5.7 Billion Valuation From Carlyle

By Amit Chowdhry ● Jun 12, 2025

Trucordia announced that it will receive a $1.3 billion strategic investment from Carlyle’s Global Credit platform. The deal will reduce Trucordia’s leverage and simplify its governance structure by repurchasing units from existing minority investors.

Filament Syfter: $4.8 Million Series A Raised For Data Engine For Private Market Dealmakers

By Amit Chowdhry ● Jun 12, 2025

Filament Syfter, a leading AI-enabled data engine purpose-built for private market dealmakers, announced it has raised $4.8 million in a Series A funding round led by FINTOP Capital.

N2W: Interview With Chief Revenue Officer Alon Maimoni About The Cloud-Native Backup Platform

By Amit Chowdhry ● Jun 12, 2025

N2W is a company that delivers a cloud-native backup and recovery platform built for the real-world demands of AWS and Azure environments. Pulse 2.0 interviewed N2W Chief Revenue Officer Alon Maimoni to learn more about the company.

Peerbridge Health: Interview With CEO Chris Darland About The Remote Healthcare Platform Company

By Amit Chowdhry ● Jun 12, 2025

Ohio State University: AI Fluency Initiative Revealed

By Amit Chowdhry ● Jun 12, 2025

The Ohio State University has announced an ambitious new initiative to ensure that every student graduates with the AI proficiencies necessary to compete and lead now. Launching this fall for first-year students, Ohio State’s AI Fluency initiative will embed AI education into the core of every undergraduate curriculum, equipping students with the ability to not only use AI tools but also understand, question, and innovate with them, regardless of their major.

Flank: $10 Million Raised For Scaling Autonomous Legal Agents

By Amit Chowdhry ● Jun 12, 2025

Flank, a Berlin-based company that is building an autonomous AI legal agent for enterprise teams, announced a $10 million funding round led by global software investor Insight Partners, with continued participation from Gradient Ventures, the Seed fund designed for founders in AI, as well as 10x Founders and HV Capital.

Thread AI: $20 Million Series A Secured For Enterprise AI Workflow Platform

By Amit Chowdhry ● Jun 12, 2025

Thread AI, a leader in composable AI infrastructure, announced it has raised $20 million in Series A funding led by Greycroft, with participation from Index Ventures, Scale Venture Partners, Plug-and-Play, Meritech Capital, and Homebrew.

Uptick: Strategic Growth Investment Raised From PSG

By Amit Chowdhry ● Jun 12, 2025

Uptick, a job management software for fire, safety, security, and field service professionals, announced a strategic growth investment from PSG. And PSG's investment aims to support Uptick's commitment to product innovation and continued global expansion, with a focus on accelerating growth in North America.

SWTCH Energy: Strategic Investment Raised For EV Charging Solutions

By Amit Chowdhry ● Jun 12, 2025

SWTCH Energy, a leading provider of electric vehicle (EV) charging solutions, announced it has secured a strategic $4 million investment from Constellation Technology Ventures (CTV). This funding expands SWTCH’s Series B funding to $31.2 million, building on the momentum of its initial $27.2 million raise.

BNP Associates Buys Consulting Firm Establish

By Amit Chowdhry ● Jun 12, 2025

BNP Associates, a leading air transportation design and engineering firm backed by Godspeed Capital Management, announced the acquisition of Establish, a global consulting firm specializing in warehousing and supply chain logistics. The deal for Establish enhances BNP’s capabilities with a holistic suite of consulting services for clients across the aviation, warehousing, and logistics industries.

Impart Security: $12 Million Series A Raised For Application Detection And Response Platform

By Amit Chowdhry ● Jun 12, 2025

Impart Security announced the general availability of the industry's first Application Detection and Response Engineering Platform, trusted by security teams to build autonomous workflows for production environments. This launch is accompanied by a $12 million Series A funding round led by Madrona Ventures, with participation from CRV and 8-Bit Capital.

GM Investing $4 Billion In U.S. Manufacturing Plants

By Amit Chowdhry ● Jun 12, 2025

General Motors plans to invest about $4 billion over the next two years in its domestic manufacturing plants to increase U.S. production of gasoline and electric vehicles. This new investment will give GM the ability to assemble over two million cars per year in the U.S. This investment comes on the heels of the company’s recently announced plan to invest $888 million in the Tonawanda Propulsion plant near Buffalo, New York, to support GM’s next-generation V-8 engine.