Innovation

Estuary: $17 Million Series A Closed For Eliminating Data Bottlenecks And Power AI-Based Infrastructure For Enterprises

By Amit Chowdhry ● Oct 23, 2025

Estuary Technologies, a real-time data platform designed to address the data bottleneck hindering enterprise AI adoption, announced today that it has secured $17 million in Series A funding. The funding round was led by M13, with participation from FirstMark and Operator Partners.

Six Flags Entertainment: Investment Raised From Consortium That Includes JANA Partners And Travis Kelce

By Amit Chowdhry ● Oct 23, 2025

JANA Partners announced a significant investment partnership with Super Bowl Champion Travis Kelce, consumer industry veteran Glenn Murphy, and technology executive Dave Habiger in Six Flags Entertainment. The group, collectively referred to as “the Group,” now holds an economic interest of approximately 9% in Six Flags, making it one of the company’s largest shareholders.

Tesser: $4.5 Million Seed Funding Closed For Advancing Instant Cross-Border Payments For Banks And PSPs

By Amit Chowdhry ● Oct 23, 2025

Tesser Payments announced the close of a $4.5 million seed funding round led by Castle Island Ventures, with participation from Strobe Ventures, Anthemis, and other strategic investors. And the company is building a stablecoin-based payments infrastructure that enables licensed financial institutions to move money across borders instantly and compliantly—cutting transaction times from weeks to hours and reducing associated costs by up to 95%.

Ipsen To Buy ImCheck Therapeutics From EQT In A Deal Valued Up To €1 Billion

By Amit Chowdhry ● Oct 23, 2025

EQT Life Sciences announced that global biopharmaceutical company Ipsen has entered into a definitive agreement to acquire its portfolio company, ImCheck Therapeutics, for an upfront payment of €350 million and additional downstream payments, bringing the total potential transaction value to up to €1 billion.

Holcim To Buy Xella In €1.85 Billion Deal To Advance Sustainable Construction Leadership

By Amit Chowdhry ● Oct 23, 2025

Holcim announced it has signed a binding agreement to acquire Xella, one of Europe’s leading providers of sustainable and innovative walling systems. The €1.85 billion deal represents a significant milestone in Holcim’s NextGen Growth 2030 strategy and reinforces its position as a global leader in sustainable construction solutions.

PAI Partners Enters Talks To Buy Majority Stake In Cyrus Group

By Amit Chowdhry ● Oct 23, 2025

PAI Partners, a global private equity firm with over €28 billion in assets under management, announced that it has entered into exclusive negotiations to acquire a majority stake in Cyrus Group, one of France’s leading independent wealth management firms.

UNC-Chapel Hill Startups Generate $8 Billion In Annual Impact Across North Carolina, Says Study

By Amit Chowdhry ● Oct 23, 2025

A new report from Innovate Carolina revealed that startups and commercialization activities affiliated with the University of North Carolina at Chapel Hill created nearly $8 billion in economic impact across North Carolina during fiscal year 2025. The findings highlight Carolina’s accelerating success in driving entrepreneurship, job creation, and innovation statewide.

Adcytherix: €105 Million Series A Raised For Advancing Antibody-Drug Conjugate Pipeline And Novel Payload Platform

By Amit Chowdhry ● Oct 23, 2025

Adcytherix, a biopharmaceutical company pioneering the design and development of novel antibody-drug conjugates (ADCs), announced the completion of a €105 million (US$122 million) Series A financing round. The funding will accelerate the company’s lead clinical program, ADCX-020, and expand its proprietary ADC platform focused on next-generation payload innovations aimed at overcoming resistance to current treatments.

MatrixSpace: $20 Million Series B Closed To Advance AI-Based Portable Counter-Drone Radar Systems

By Amit Chowdhry ● Oct 23, 2025

MatrixSpace, a leader in portable AI-enhanced radar and counter-drone (CUAS) technology, announced the completion of a $20 million Series B funding round. The funding represents a significant increase in valuation from the company’s Series A in May 2023 and brings its total funding to $58 million. This funding round was co-led by The Raptor Group and OTB Ventures, with participation from new strategic investor L3Harris, marking a significant milestone in MatrixSpace’s expansion within the defense and autonomous sensing sectors.

CybaVerse: £5 Million Series A Raised For Expanding AI-Based Cybersecurity Platform for SMEs and MSPs

By Amit Chowdhry ● Oct 23, 2025

CybaVerse, a UK-based cybersecurity company focused on making enterprise-grade protection accessible to small and medium-sized enterprises (SMEs) and managed service providers (MSPs), has raised £5 million in Series A funding. The round was co-led by Pembroke VCT and Airbridge Equity Partners, with participation from Haatch. The company received legal support from boutique firm Culbert Ellis for the transaction.

Buildots Buys Genda For Uniting Construction Progress And Workforce Intelligence

By Amit Chowdhry ● Oct 23, 2025

Buildots, a leader in AI-based construction management, announced its acquisition of Genda, a workforce and safety management platform used by some of the world’s largest construction firms.

Prisma Photonics: $30 Million Closed For Expanding AI-Based Fiber Sensing Platform For Critical Infrastructure Monitoring

By Amit Chowdhry ● Oct 23, 2025

Prisma Photonics, a deep-tech company transforming existing optical fiber networks into large-scale, real-time monitoring systems for power grids and security infrastructure, announced the close of an oversubscribed $30 million growth round, bringing its total funding to $80 million. The funding round was led by Protego Ventures, with participation from Adara Ventures, the investment arm of a leading Latin America Transmission Operator, and continued backing from Insight Partners, Chione Switzerland, and SE Ventures, the venture arm of Schneider Electric.

Intelo.ai: $2 Million Raised For Transforming Retail Through Collaborative Intelligence Platform

By Amit Chowdhry ● Oct 23, 2025

Intelo.ai, a New York–based technology company building the future of retail through its Collaborative Intelligence platform, announced the close of a $2 million financing round led by Illuminate Ventures. The funding will accelerate Intelo.ai’s mission to redefine merchandising and planning through specialized AI agents that work alongside retail professionals.

Vega Health Launched With $4 Million Seed Funding To Advance Healthcare AI Adoption

By Amit Chowdhry ● Oct 23, 2025

Vega Health, a healthcare technology company focused on enabling health systems to realize measurable value from artificial intelligence, announced its official launch with $4 million in seed funding from Bessemer Venture Partners.

Viven: $35 Million Seed Funding Raised For Bringing AI-Based Digital Twins To The Enterprise

By Amit Chowdhry ● Oct 23, 2025

Viven, a pioneering artificial intelligence company creating enterprise-grade Digital Twins, has officially launched from stealth with $35 million in seed funding. The funding round includes investments from Khosla Ventures, Foundation Capital, FPV Ventures, Operator Collective, and several leading angel investors.

Planyear: $12 Million Seed Funding Closed For Improving Benefits Consulting with AI-Based BEACON Platform

By Amit Chowdhry ● Oct 23, 2025

Planyear, an AI-native platform revolutionizing how benefits consultants manage and deliver services, announced today that it has raised $12 million in seed funding led by True Ventures. The funding will accelerate the development and expansion of the company’s BEACON platform, an AI-driven solution designed to automate administrative tasks and restore consultants’ ability to focus on strategic client engagement.

Acoru: €10 Million Closed To Predict And Prevent AI-Driven Financial Fraud

By Amit Chowdhry ● Oct 23, 2025

Acoru, a Madrid-based cybersecurity startup focused on stopping AI-enabled financial crime, announced it has raised €10 million in Series A funding to accelerate its mission to help banks detect and prevent fraud before it occurs. The round was led by 33N Ventures, with participation from existing investors Adara Ventures and Athos Capital.

Corbel: $6.7 Million Secured For Improving Industrial Equipment Sales With AI-Native Platform

By Amit Chowdhry ● Oct 23, 2025

Corbel, an AI-based operating system designed to modernize the sales and management of industrial equipment operations, has announced the raising of $6.7 million in seed funding. The round was led by Ibex Investors, with participation from Joule Ventures, Restive Ventures, and Selah Ventures.

IO Health: $2 Million Seed Funding Raised For Scaling AI-Based Quality Platform For Home Health And Hospice Providers

By Amit Chowdhry ● Oct 23, 2025

IO Health Technologies, a California-based health technology company developing AI-powered compliance and quality solutions for post-acute care, announced it has raised a $2 million seed round led by Nina Capital. The funding will accelerate the expansion of IO Health’s Care Optimized platform, which is designed to improve clinical accuracy, operational efficiency, and financial performance for home health and hospice providers.

UC Berkeley Haas: $10 Million Gift Received For Expanding Student Entrepreneurship And Innovation Opportunities

By Amit Chowdhry ● Oct 22, 2025

The UC Berkeley Haas School of Business announced it has received a $10 million anonymous gift to strengthen its entrepreneurship programs and ensure long-term support for student innovators.

Recurrent: $825 Million Financing Secured For Major Arizona Solar And Energy Storage Projects

By Amit Chowdhry ● Oct 22, 2025

Recurrent Energy, a subsidiary of Canadian Solar and one of the world’s leading developers and operators of solar and energy storage assets, announced it has closed $825 million in construction financing and tax equity to advance two major renewable energy projects in Maricopa County, Arizona.

Good Tape: Interview With Co-Founder & CEO Lasse Finderup About The AI-Based Transcription Platform

By Amit Chowdhry ● Oct 22, 2025

Good Tape is an AI-based transcription platform that enables users to convert audio and video recordings into text quickly, securely, and with high accuracy. Pulse 2.0 interviewed Good Tape co-founder and CEO Lasse Finderup to gain a deeper understanding of the company.

LegalOn Buying Fides To Expand Governance Capabilities For In-House Legal Teams

By Amit Chowdhry ● Oct 22, 2025

LegalOn Technologies, a global leader in legal AI, announced the acquisition of Fides Technology, a governance AI company backed by Sequoia. This marks LegalOn’s first acquisition and significantly broadens its platform to cover governance, board, and entity management, enabling a single source of truth for contracts, matters, entities, and boards within enterprise legal departments.

Jump Buying Mobile Assistant For Expanding AI Leadership In Financial Services

By Amit Chowdhry ● Oct 22, 2025

Jump, a leading provider of artificial intelligence solutions for financial advisors, announced its acquisition of Mobile Assistant, a company renowned for advisor transcription services. The acquisition strengthens Jump’s position as a key innovator in AI for financial services, expanding its reach to nearly 20,000 advisors and deepening its commitment to advancing advisor intelligence.

UnifyApps: $50 Million Series B Raised To Build the Enterprise Operating System for AI

By Amit Chowdhry ● Oct 22, 2025

UnifyApps, a company developing the Enterprise Operating System for AI, announced it has raised $50 million in Series B funding to help enterprises become truly AI-native. The funding round was led by WestBridge Capital, with participation from ICONIQ and other investors, bringing the company’s total funding to $81 million.

Avride: Up To $375 Million Secured From Uber And Nebius To Advance Autonomous Mobility Expansion

By Amit Chowdhry ● Oct 22, 2025

Avride, a leading U.S.-based developer of autonomous driving technologies, announced that it has secured strategic investments and commercial commitments totaling up to $375 million from Uber Technologies and Nebius Group.

Insight Enterprises To Buy Sekuro, Expanding Global Cybersecurity Capabilities

By Amit Chowdhry ● Oct 22, 2025

Insight Enterprises, a global solutions integrator, announced that its subsidiary, Insight Enterprises Australia Pty Limited, has signed a definitive agreement to acquire Sekuro, a leading provider of end-to-end cybersecurity, governance, and risk services for enterprises and government organizations.

ChipAgents: $21 Million Series A Raised For Transforming Chip Design With Agentic AI

By Amit Chowdhry ● Oct 22, 2025

ChipAgents, an AI platform redefining chip design and verification, announced the close of an oversubscribed $21 million Series A funding round, bringing its total funding to $24 million. The round was led by Bessemer Venture Partners, with strategic investment from Micron, MediaTek, Ericsson, and several top semiconductor companies. Additional participants include angels and industry veterans Wally Rhines, Raúl Camposano, and Jack Harding, along with continued backing from ScOp Venture Capital and Amino Capital.

NTT DATA Buying Alchemy Technology Services To Expand Global Insurance Leadership

By Amit Chowdhry ● Oct 22, 2025

NTT DATA, a leader in AI, digital business, and technology services, announced the acquisition of Alchemy Technology Services, a specialist insurance technology consultancy. The move strengthens NTT DATA’s position as a global partner for insurance modernization and innovation, particularly in addressing the complex needs of specialty markets such as the London Market, the world’s largest (re)insurance subscription marketplace.

You.com Buying Graft To Enhance Enterprise AI Search Infrastructure

By Amit Chowdhry ● Oct 22, 2025

You.com, a leader in AI search infrastructure for enterprises, announced its acquisition of the Graft team and technology to accelerate its enterprise and API platform growth.