Innovation

Duos Edge: Interview With President & Founder Doug Recker About the Data Center Solutions Company

By Amit Chowdhry ● Apr 22, 2025

Duos Edge AI is a company that specializes in adaptive, versatile, and streamlined edge data center solutions tailored to meet evolving needs in any environment. Pulse 2.0 interviewed Duos Edge president and founder Doug Recker to learn more about the company.

Clearwater Analytics: $1.5 Billion Acquisition Of Enfusion Finalized

By Amit Chowdhry ● Apr 22, 2025

Clearwater Analytics, a comprehensive technology platform for investment management, announced the completion of its acquisition of Enfusion, a leader in software-as-a-service (SaaS) solutions for the investment management and hedge fund sectors, in a deal valued at about $1.5 billion.

Ryan Specialty Buying USQRisk Holdings

By Amit Chowdhry ● Apr 22, 2025

Ryan Specialty (a leading international specialty insurance firm) announced that it has signed a definitive agreement to acquire certain assets of USQRisk Holdings. USQ will become part of Ryan Specialty's alternative risk business.

NewCo Capital Group Reveals Canadian Expansion

By Amit Chowdhry ● Apr 22, 2025

NewCo Capital Group, a provider of innovative business financing, announced it has expanded into Canada. This marks a key milestone in its global growth strategy. And with nationwide service now available across every Canadian province and territory, NewCo brings accessible and non-bank funding solutions to small and medium-sized enterprises (SMEs).

Principle Health Systems Buying Heartland Health Laboratory

By Amit Chowdhry ● Apr 22, 2025

Principle Health Systems (PHS), a leading mobile diagnostic provider for the long-term care community, announced the acquisition of Heartland Health Laboratory, a clinical diagnostics company based just outside Kansas City.

Field Medical: $40 Million (Series A) Raised For Cardiac Pulsed Field Ablation (PFA) Technology

By Amit Chowdhry ● Apr 21, 2025

Field Medical - a pioneer in cardiac pulsed field ablation (PFA) technology - announced the closing of $40 million in Series A funding round. This funding round includes $20 million in new capital and the conversion of $20 million in seed-round debt. The participants include several leading strategics, venture capital firms, and family offices, with multiple seed investors reinvesting, emphasizing strong confidence in the company's initial focus on ventricular tachycardia (VT) and the broader versatility of its technology.

Meta Now Testing AI For Detecting Teen Instagram Users

By Amit Chowdhry ● Apr 21, 2025

Meta revealed a “Teen Accounts” feature last year to provide better security and protection for younger users. Meta has been providing parents on Instagram with information about the importance of their teens providing correct ages online, along with tips to check and confirm their teens’ ages together. Plus, Meta is using AI to place suspected teens into Teen Account settings. Teens under 16 would need parental or guardian approval to make changes.

FlowForma: Interview With CEO John Murphy About The No Code Business Process Automation Tools Company

By Amit Chowdhry ● Apr 21, 2025

FlowForma is the leading provider of enterprise-class, no-code business process automation tools that empower your workforce to rapidly digitize a wide range of activities. Pulse 2.0 interviewed FlowForma CEO John Murphy to learn more about the company.

BGM Group Buying Wonder Dragon For ¥550 Million

By Amit Chowdhry ● Apr 21, 2025

BGM Group announced that it has signed a definitive transaction agreement with the existing shareholders of Wonder Dragon Global Limited to acquire 100% of Wonder Dragon's equity interests by issuing 38,165,290 Class A ordinary shares at a price of $2 per share, for a total deal valuation of ¥ $550 million. The deal is expected to be completed in the second quarter of 2025.

Concentra To Buy Pivot Onsite Innovations

By Amit Chowdhry ● Apr 21, 2025

Concentra Group, which is the nation’s largest provider of occupational health services, announced the signing of a definitive agreement to acquire Pivot Onsite Innovations from Athletico Physical Therapy. And Pivot Onsite Innovations is a leader in the onsite health industry with over 200 onsite health clinics at employer locations in over 40 states.

Cynosure | Checketts Sports Capital Formed With Initial Fund Targeting Over $1.2 Billion

By Amit Chowdhry ● Apr 21, 2025

Dave Checketts (an influential figure in global sports business) and The Cynosure Group (a diversified private investment firm founded by the Eccles family) announced the formation of Cynosure | Checketts Sports Capital, which is a new strategic collaboration dedicated to investing in high-potential sports opportunities.

Argand Partners To Buy Capezio Ballet Makers

By Amit Chowdhry ● Apr 21, 2025

Argand Partners, a New York-based middle-market private equity firm, with offices in the San Francisco Bay Area and Miami, announced the acquisition of Capezio Ballet Makers. The terms of the deal were undisclosed.

Cadence To Buy Arm Artisan Foundation IP Business

By Amit Chowdhry ● Apr 21, 2025

Cadence announced that it has entered into a definitive agreement with Arm to buy Arm’s Artisan foundation IP business, consisting of standard cell libraries, memory compilers, and general-purpose I/Os (GPIOs) optimized for advanced process nodes at the leading foundries.

Spearmint Energy: Over $250 Million Raised For 400 MWh Of Battery Energy Storage Across Two Projects

By Amit Chowdhry ● Apr 21, 2025

Spearmint Energy—a next-generation energy company bringing stable, secure, and cost-effective energy solutions to the power grid with large-scale battery storage—announced it has successfully closed over $250 million in financing for and started construction of Tierra Seca and Seven Flags, two 100 MW / 200 MWh Battery Energy Storage Systems (BESS) located in Del Rio and Laredo, respectively, within Texas’ ERCOT power market.

Brightspeed: $31.2 Million Award Received To Bring Faster Internet To North Carolina

By Amit Chowdhry ● Apr 21, 2025

Brightspeed, which is the nation's third-largest fiber broadband builder focused on delivering ultrafast, reliable internet, has been awarded $31.2 million by its home state of North Carolina to expand its Brightspeed Fiber Internet network.

Linden: Fund VI Closed At $5.4 Billion

By Amit Chowdhry ● Apr 21, 2025

Linden Capital Partners, a Chicago-based healthcare private equity firm, announced the completion of the fundraise for its sixth buyout fund, Linden Capital Partners VI, with $5.2 billion of LP commitments and a $200 million GP commitment.

Lyft Acquiring FREENOW In $197 Million Deal

By Amit Chowdhry ● Apr 21, 2025

Ride hailing company Lyft announced it has entered into a definitive agreement to acquire FREENOW, a leading European multi-mobility app with a taxi offering at its core, from BMW Group and Mercedes-Benz Mobility for about €175 million or $197 million in cash.

Chapter: $75 Million (Series D) Raised For Medicare Navigation Platform

By Amit Chowdhry ● Apr 21, 2025

Chapter, a Medicare navigation platform, announced that it raised $75 million in Series D funding led by Stripes, with participation from all major investors: XYZ Venture Capital, Susa Ventures, Addition, Narya Capital, and Maverick Ventures. This funding raise comes less than one year after Chapter’s Series C.

Attovia Therapeutics: $90 Million (Series C) Raised For Developing Treatments For Immune-Mediated Diseases

By Amit Chowdhry ● Apr 21, 2025

Attovia Therapeutics, a privately-held, clinical-stage biopharma company developing treatments for immune-mediated diseases with high unmet patient need, announced the closing of a $90 million Series C funding. Deep Track Capital led this funding round with participation from new investors including Vida Ventures, Sanofi Ventures, and Mirae Asset Capital Life Science, and ongoing support from existing investors including Frazier Life Sciences, venBio, Goldman Sachs Alternatives, Nextech Ventures, Cormorant Asset Management, EcoR1 Capital, Marshall Wace, and Illumina Ventures.

Caban: $50 Million Raised For Advancing Energy-As-A-Service Deployments

By Amit Chowdhry ● Apr 21, 2025

Caban, a leader in alternative energy solutions for critical infrastructure, announced that it has raised $50 million in new equity funding from existing investors. The funds managed by Ember Infrastructure Management (Caban’s majority shareholder) led the round. Ember is a private equity firm focused on investing in sustainable infrastructure solutions. And Ember has $1.25 billion in assets under management.

GeneDx To Buy Fabric Genomics

By Amit Chowdhry ● Apr 21, 2025

GeneDx, a leader in improved health outcomes through genomic insights, announced its plans to acquire Fabric Genomics, a pioneer in AI-based genomic interpretation. The deal enables GeneDx’s leadership in the next phase of genomic medicine: decentralized testing with centralized intelligence.

Dream Finders Homes: Acquisition Of Alliant National Title Insurance Company Closed

By Amit Chowdhry ● Apr 21, 2025

Dream Finders Homes announced that it has closed on its acquisition of Alliant National Title Insurance Company and a related affiliate after the initial deal announcement on October 23, 2024. This acquisition was formally closed on April 18, 2025.

Electra: $115 Million (Series B) Raised For Building First Ultra Short Aircrafts

By Amit Chowdhry ● Apr 21, 2025

Electra.aero announced it has secured $115 million in Series B funding to enter the pre-production and certification phase of the EL9, the first-ever Ultra Short aircraft, which can take off and land in 150 feet, which is roughly 10% of the footprint required for similarly-sized legacy airplanes. Prysm Capital led the funding round. Lockheed Martin Ventures, Honeywell, and Safran are among Electra's strategic investors, Prysm Capital, Statkraft Ventures, the Virginia Innovation Partnership Corporation (VIPC), and other private investors.

Sagard: Strategic Partnership Signed With BEX Capital

By Amit Chowdhry ● Apr 21, 2025

Sagard, an alternative asset manager with over $27 billion of assets under management, announced that it has signed a definitive agreement to acquire a strategic stake in BEX Capital, a specialized secondaries investment firm with over $2 billion of assets under management.

Bain Capital And BlueWater Marinas Buying Boathouse Marine Center

By Amit Chowdhry ● Apr 21, 2025

Bain Capital’s Real Estate team and BlueWater Marinas, led by Joe Miller and Dunston Powell, announced the acquisition of Boathouse Marine Center (BMC), a dry-stack marina in Pompano Beach, Florida. The financial terms of the private and off-market purchase were not disclosed.

Hammerspace: $100 Million Raised For Data Platform For AI

By Amit Chowdhry ● Apr 21, 2025

Hammerspace, a high-performance Data Platform for AI, announced that several strategic venture investors have invested $100 million in new strategic growth capital in Hammerspace. The rest of the funding round was completed by a combination of new and existing investors.

Glycomine: $115 Million (Series C) Raised To Advance GLM101 Drug Candidate

By Amit Chowdhry ● Apr 21, 2025

Glycomine - a biotechnology company focused on developing transformative new therapies for orphan diseases - announced a $115 million Series C financing to advance its lead candidate GLM101, into a Phase 2b clinical trial. This funding was led by CTI Life Sciences Fund, funds managed by abrdn, and Advent Life Sciences, along with continued investment from existing investors, Novo Holdings, Sanofi Ventures, Abingworth, RiverVest Venture Partners, Sanderling Ventures, Chiesi Ventures, Remiges Ventures, and Asahi Kasei Ventures.

Worldeye Technologies Buying DataHawk To Expand E-Commerce Platform

By Amit Chowdhry ● Apr 21, 2025

Worldeye Technologies announced the acquisition of DataHawk, a provider of e-commerce analytics solutions. This deal integrates DataHawk's analytics platform into Worldeye Technologies' portfolio, creating synergies with other established marketplace optimization tools like Viral Launch.

Auradine: $153 Million (Series C) Raised For Advancing Future Of Blockchain

By Amit Chowdhry ● Apr 21, 2025

Auradine - a leader in energy-efficient blockchain and AI infrastructure solutions - announced the closing of an additional $153 million in connection with its Series C funding round. This funding round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors.

WWE Acquiring Lucha Libre AAA

By Amit Chowdhry ● Apr 21, 2025

WWE - part of TKO Group Holdings - has announced its acquisition of leading Mexican lucha libre promotion AAA in partnership with Mexico-based sports and entertainment holding company Fillip.