Innovation

Mivium: $5 Million Raised For Semiconductor Material Science Technology

By Amit Chowdhry ● May 2, 2025

Mivium, a leading innovator in semiconductor material science, announced the completion of a $5 million equity financing round through Equifund Crowd Funding Portal. This brings Mivium's total funding to $6.34+ million, advancing the company's mission to deliver high-purity, wide-bandgap materials such as GaN (gallium nitride) to the global market.

Earnix Buying Insurance And Bank Focused GenAI Company Zelros

By Amit Chowdhry ● May 2, 2025

Earnix, a leading Dynamic AI platform for Insurance, has signed a definitive agreement to acquire Zelros, a pioneer in Generative AI for insurers and banks. This collaboration will bring the power of predictive, generative, and agentic AI across the entire risk decisioning, personalization, and claims cycle, enabling pricing and underwriting professionals to deliver compelling offers while improving business performance.

Zucara Therapeutics: $25 Million Series B Closed For Diabetes Life Sciences Platform

By Amit Chowdhry ● May 2, 2025

Zucara Therapeutics - a diabetes life sciences company developing ZT-01, which is the first once-daily therapeutic to prevent hypoglycemia (low blood glucose levels) in people with diabetes - announced that it has completed the second and final closing of its $25 million Series B funding.

DartPoints: Funding Raised From NOVA Infrastructure

By Amit Chowdhry ● May 2, 2025

NOVA Infrastructure, a middle-market infrastructure investment firm, announced that it has completed a majority investment in DartPoints, a leading provider of secure and high-performance enterprise data center solutions. NOVA's investment includes a significant growth capital component designed to scale DartPoints' platform and expand its footprint through targeted investments in capacity expansion and strategic M&A to meet market demand.

Ares: Private Markets Fund Surpasses $3 Billion In AUM In 3 Years

By Amit Chowdhry ● May 2, 2025

Ares Management (a leading global alternative investment manager) announced that its Ares Private Markets Fund (APMF), a diversified private equity investment solution anchored in secondary investments, exceeded $3 billion in assets under management in its first three years in the market. APMF is distributed through Ares’ Wealth Management Solutions platform (AWMS), an industry leader in providing private market investment solutions to advisors and their clients.

Dream Games: Strategic Investment Raised From CVC

By Amit Chowdhry ● May 2, 2025

Dream Games, the developer and publisher of globally renowned mobile games Royal Match and Royal Kingdom, announced a strategic investment from CVC, a leading global alternative asset management firm, as its sole equity partner.

dub: $30 Million Series A Closed For Scaling Copy-Trading Platform

By Amit Chowdhry ● May 2, 2025

Copy trading app company dub announced a Series A funding round of $30 million, co-led by Notable Capital and Neo, with participation from Sandberg Bernthal Venture Partners, Peak6 Strategic Capital, and Correlation Ventures. This funding includes a $5.5 million venture debt facility provided by Silicon Valley Bank (SVB), a division of First Citizens Bank. This funding comes just one year after launching from stealth and surpassing 1 million downloads and dub has now raised a total of $47 million.

Astronomer: $93 Million Series D Raised For DataOps Platform

By Amit Chowdhry ● May 2, 2025

Astronomer (the company behind Astro, a leading unified DataOps platform powered by Apache Airflow) announced it has secured $93 million in Series D funding led by Bain Capital Ventures, along with Salesforce Ventures and existing investors including Insight, Meritech, and Venrock, with Bosch Ventures seeking to participate.

Epicore Biosystems: Series B Expanded To $32 Million

By Amit Chowdhry ● May 2, 2025

Epicore Biosystems - a digital health solutions leader developing advanced sweat-sensing wearables - announced an additional $6 million in Series B funding, bringing its total Series B raise to $32 million. The follow-on funding round includes new backing from a San Francisco-based investor and several marquee angel investors, along with continued support from Alumni Ventures and Joyance Partners.

Varys Capital: Veteran Tom Dunleavy Named As Head Of Venture

By Amit Chowdhry ● May 2, 2025

Leading digital asset management firm Varys Capital announced the appointment of Tom Dunleavy, CFA, CAIA, as Head of Venture. Dunleavy brings a differentiated career spanning both traditional finance and digital assets.

Omnidian: Over $87 Million Raised For Tranforming Renewable Energy Services

By Amit Chowdhry ● May 2, 2025

Omnidian, a provider of comprehensive protection and performance plans for residential and commercial solar and energy storage systems, announced it has secured over $87 million in funding commitment led by B Capital (a global multi-stage investment firm with a strategic partnership with the Boston Consulting Group). This funding also included participation from existing Omnidian investors Activate Capital, Liberty Mutual Investments, National Grid Partners, and WIND Ventures, and new investors like B Capital, Marunouchi Innovation Partners, BNP Paribas Solar Impulse Venture Fund, Citi Impact Fund, and Alumni Ventures.

Rove Launches Universal Airlines Miles Program

By Amit Chowdhry ● May 2, 2025

Universal airline miles program Rove Miles launched its platform with leading airlines, hotel partners, and over 7,000 merchants. And Rove was created from the ground up to help everyone take advantage of the discounts international loyalty programs provide, something traditionally known as travel hacking, which are up to 90% off retail prices. The company’s platform offers earning rates of up to 25 miles per dollar spent and redemption value of up to 10 cents per mile, while typical rewards points are worth just 1 cent each.

Avidicure: $50 Million Seed Funding Closed For Developing New Multifunctional Antibody Modality

By Amit Chowdhry ● May 2, 2025

Avidicure, a biotechnology company creating an entirely new multifunctional antibody modality with broad applicability in oncology, announced its launch with a $50 million seed financing round, led by EQT Life Sciences with participation from Kurma Partners, BioGeneration Ventures, BOM, Curie Capital, and V-Bio Ventures.

Electra: $186 Million Series B Raised For Clean Iron Platform

By Amit Chowdhry ● May 2, 2025

Electra, a clean iron company, announced a $186 million Series B funding round, co-led by Capricorn Investment Group and Temasek Holdings. This brings Electra’s total funding to date to $214 million, cementing its position as one of the leading solutions for decarbonizing iron production. This funding round also included financial investors Capricorn Investment Group, Temasek Holdings, Breakthrough Energy Ventures, Builders Vision, Collaborative Fund, Earth Venture Capital, Lowercarbon Capital and S2G Investments; strategic investor BHP Ventures; global iron ore suppliers Rio Tinto and Roy Hill; leading electric arc furnace (EAF) steelmakers Nucor and Yamato Kogyo and organizations including Interfer Edelstahl and Toyota Tsusho, who are committed to reducing the environmental impact of iron and steel in their supply chains.

Zarminali: Interview With Founder & CEO Danish Qureshi About The Pediatric Multispecialty Group

By Amit Chowdhry ● May 2, 2025

Zarminali Pediatrics is building the nation's leading pediatric multispecialty group, focused on supporting families to shape healthy futures for their children – from birth through adulthood – by completely transforming the way pediatric health is delivered nationwide. Pulse 2.0 interviewed Zarminali Pediatrics founder and CEO, Danish Qureshi, to learn more about the company.

PCI Pharma Services: Acquisition Of Ajinomoto Althea Completed

By Amit Chowdhry ● May 2, 2025

PCI Pharma Services - a leading global contract development and manufacturing organization (CDMO) focused on innovative biopharma therapies – announced it has completed its acquisition of Ajinomoto Althea, a US-based sterile fill-finish CDMO and subsidiary of Japan-based Ajinomoto. And for PCI, the acquisition is a cornerstone of a multi-year investment strategy spanning facilities in the US and Europe.

Kueski: Interview With SVP Of Finance Andrew Seiz About The Mexico-Based Consumer Lender Company

By Amit Chowdhry ● May 2, 2025

Kueski is the largest online consumer lender in Mexico, which provides financial services for users who are ineligible for traditional bank loans. Pulse 2.0 interviewed Kueski Senior Vice President of Finance, Andrew Seiz, to learn more about the company.

Intuit To Buy HR Platform Company GoCo

By Amit Chowdhry ● May 2, 2025

Intuit - a global financial technology platform that includes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp - recently announced its agreement to acquire GoCo, a leading provider of modern HR and benefits solutions for small and mid-market businesses. And with GoCo, Intuit will offer a comprehensive Human Capital Management (HCM) solution to help businesses hire the right employees and manage their workforce effectively, all in one place. This deal is expected to close in Q4 of 2025, and the financial terms were undisclosed.

AECOM Buying Advisory Company Allen Gordon

By Amit Chowdhry ● May 2, 2025

Global infrastructure leader AECOM announced it has acquired Scotland-based Allen Gordon, a leading technical design and advisory service provider to the U.K. & Ireland (UK&I) water and energy sectors. Adding the Allen Gordon team enhances AECOM’s positioning ahead of substantial expected investment totaling over £250 billion over the next decade in the water and energy markets across the region.

Grenova: New Investment Raised And Ted Hull Joins Board

By Amit Chowdhry ● May 2, 2025

Grenova - a Virginia-based sustainable laboratory technologies company - announced two significant milestones for the company: the appointment of Ted Hull to Grenova’s board, and the completion of a new round of growth equity capital. The funding was led by Grenova investors, Peloton Equity and Hamilton Lane’s Impact Fund II, along with other existing investors.

BOBO: Interview With Co-Founder Katherine Maslova About The Payment Solutions Company

By Amit Chowdhry ● May 2, 2025

Bourgeois Bohème (BOBO) is a financial platform for ultra-high-net-worth individuals and family offices, providing high-value transactions and 24/7 assistance. Pulse 2.0 interviewed BOBO co-founder and Chief Business Development Officer (CBDO) Katherine Maslova to learn more about the company.

Teladoc Health Buying UpLift In $30 Million Deal

By Amit Chowdhry ● May 2, 2025

Virtual care leader Teladoc Health announced it has acquired UpLift, a tech-enabled provider of virtual mental health therapy, psychiatry and medication management services.

Ammarah Sulaiman: Interview With The Biomedical Technology Executive And Leadership Coach

By Amit Chowdhry ● May 2, 2025

Ammarah Sulaiman is a project manager at one of the largest New York hospitals and has over a decade of experience in biomedical technology, healthcare project management, and leadership coaching. And she specializes in medical equipment integration, hospital infrastructure development, and regulatory compliance. Pulse 2.0 interviewed Sulaiman to learn more about her expertise.

Clearwater Analytics: Acquisition Of Beacon Completed

By Amit Chowdhry ● May 1, 2025

Clearwater Analytics, a comprehensive technology platform for investment management, announced it has completed its acquisition of Beacon Platform, a provider of enterprise risk analytics and developer infrastructure. The deal enhances Clearwater’s capabilities in complex portfolio management across public and private markets, including structured products, private credit, and derivatives.

AutonomyAI: Interview With CEO Adir Ben-Yehuda About The Agentic Front-End Development Company

By Amit Chowdhry ● May 1, 2025

AutonomyAI is a company that has built a fleet of context-aware AI agents revolutionizing front-end development for software companies. The agents work at an organizational level, mapping, modeling, and accelerating workflows to drive real business impact. Pulse 2.0 interviewed AutonomyAI CEO Adir Ben-Yehuda to learn more about the company.

Cocoon Capital: Over Half Of $50 Million Fund III Closed

By Amit Chowdhry ● May 1, 2025

Cocoon Capital, which is one of Southeast Asia's top-performing early-stage venture capital firms, announced the first closing of its third fund, securing $30 million towards a $50 million target. Fund III continues Cocoon's strategy of investing in high-conviction, early-stage, enterprise, and deep tech startups in critical Southeast Asian sectors.

EnChannel Medical: $82.2 Million Series B Closed For Advancing Atrial Fibrillation Care

By Amit Chowdhry ● May 1, 2025

EnChannel Medical, an innovator in cardiac electrophysiology, announced the completion of an oversubscribed Series B financing, raising $82.2 million (600 million RMB). The funding round was co-led by Dragonball Capital and existing investor Lilly Asia Ventures (LAV), with Lapam Capital's continued support.

Terminal 3: $8 Million Seed Funding Raised For Scaling Privacy Technology

By Amit Chowdhry ● May 1, 2025

Terminal 3, a Hong Kong-based Web3 startup, announced it has raised a seed funding round of $8 million. The funding round was co-led by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, and Cherubic Ventures. And the round also included additional investment from existing investors 500 Global, Consensys Mesh, Hard Yaka, and BlackPine.

South Wind Exploration & Production: Over $400 Million In Equity Commitments Received From Kayne Anderson

By Amit Chowdhry ● May 1, 2025

South Wind Exploration & Production (a newly formed independent oil and natural gas company) announced it has received over $400 million of equity commitments from Kayne Private Energy Income Fund III, a fund managed by Kayne Anderson Capital Advisors and members of the company’s management team.

Canopy: $70 Million Series C Raised For AI-Based Accounting Platform

By Amit Chowdhry ● May 1, 2025

Canopy, a company that has built a firm-wide operating system designed to help accountants operate the accounting firm of the future, announced a $70 million Series C funding round. Viking Global Investors (a global investment firm with over $51 billion in capital under management) led the funding round, with continued participation from existing investors Ten Coves Capital, Ankona Capital, Pelion Venture Partners, and Tenaya Capital.