Innovation

Adaptive Insurance: $5 Million Raised For Climate Resiliency Platform

By Amit Chowdhry ● Feb 27, 2025

Adaptive Insurance - a Texas-based climate resiliency company harnessing advanced AI and climate data to redefine climate based parametric insurance - announced it has successfully closed a $5 million seed funding round. Led by Congruent Ventures, with additional investments from Montauk Climate, Generation Space (US arm of Seraphim Space), and private funders, the funding will advance the nationwide rollout of Adaptive Insurance's innovative parametric insurance products, starting with its flagship product GridProtect.

SmartSuite: $38 Million Raised For Work Management Platform

By Amit Chowdhry ● Feb 27, 2025

SmartSuite, a next-generation work management platform, announced a major global expansion driven by $38 million in funding. The latest funding includes a new $13 million Series A round led by Canapi Ventures, with participation from Sorenson Capital and High Alpha.

Flywire Buying Sertifi In $330 Million Deal For Accelerating Travel Business Platform

By Amit Chowdhry ● Feb 27, 2025

Flywire, a global payments enablement and software company, has acquired Sertifi, a vertical software and payments platform digitizing hospitality-specific workflows and associated payments.

Whistle Express Signs Deal To Buy Take 5 Car Wash

By Amit Chowdhry ● Feb 27, 2025

Whistle Express, a leading brand in the rapidly evolving car wash industry, announced it has signed a definitive agreement to acquire Take 5 Car Wash from Driven Brands. Upon closing of the deal, which is subject to customary closing conditions, the combined entity will operate 530 locations across 23 states, making it the largest express car wash company in the US.

LongRange Capital To Buy US Synthetic from ChampionX

By Amit Chowdhry ● Feb 27, 2025

LongRange Capital - a private equity firm with a longer-term and customer-centric orientation to building and growing middle market businesses - announced that it has entered into a definitive agreement to acquire all of the equity interests in US Synthetic Corporation from ChampionX.

Thermo Fisher Scientific: $4.1 Billion Deal For Solventum’s Purification And Filtration Business

By Amit Chowdhry ● Feb 27, 2025

Thermo Fisher Scientific, a world leader in serving science, announced that the company has entered into a definitive agreement with Solventum to acquire Solventum’s Purification & Filtration business for about $4.1 billion in cash.

Validose: $2 Million (Pre-Seed) Raised For Clinical Trial Medication Adherence Platform

By Amit Chowdhry ● Feb 27, 2025

Validose, a 10XBeta Venture Studio portfolio company pioneering precision medication delivery, announced recently the closing of a $2 million pre-seed funding round. The funding round was led by Peter Bauer’s Family Office as part of its Technology for Humanity strategy, 10XBeta, and Interstate Fusion Ventures; several angel investors participated.

Human.org: $7.3 Million (Pre-Seed) Raised For Solving Alignment Between Humans And AI Agents

By Amit Chowdhry ● Feb 27, 2025

Human.org - a product-based AI safety lab dedicated to solving AI Alignment (AIA) - announced $7.3 million in pre-seed funding to build a trust infrastructure that ensures AI agents are verifiably aligned with human intent. Backed by investors like HF0, Soma Capital, Spearhead, Pioneer Fund, Hummingbird VC, Brett Gibson, general partner at Initialized Capital, Val Vavilov, founder of Bitfury, James Tamplin, partner at HF0, Sheridan Clayborne, co-founder at Lendtable, and others leading angles. Plus, Human is developing a layer 1 blockchain that establishes provable identity for humans and AI agents, ensuring AI systems remain transparent, accountable, and under human control. The company plans to launch its protocol by the second quarter of 2025.

Totem: $1.3 Million (Pre-Seed) Secured For Building Useful Tools

By Amit Chowdhry ● Feb 27, 2025

Totem, an ascending startup known for its viral debut product, the Totem Compass, announced that it has closed a pre-seed funding round, raising $1.3 million from a group of assorted angel investors worldwide.

Doceree: Interview With Founder & Global CEO Dr. Harshit Jain About The Physician-Only Marketing Platform

By Amit Chowdhry ● Feb 27, 2025

Doceree is the first global network of physician-only platforms for programmatic marketing. Pulse 2.0 interviewed Doceree founder and Global CEO Dr. Harshit Jain to learn more about the company.