Innovation

Stramsen Biotech: $25 Million Funding Commitment Raised From GEM Global Yield

By Amit Chowdhry ● Apr 7, 2025

Stramsen Biotech (an emerging leader in plant-based biopharmaceutical industry) announced that it has signed a binding agreement with GEM Global Yield (GGY), part of GEM, a Luxembourg-based private alternative investment group as its Lead Investor, for a $25 million share subscription facility to be funded annually over a 36-month term following a public listing of the Stramsen's common stock.

Kashiv BioSciences: $150 Million Debt Financing Raised From GoldenTree Asset Management

By Amit Chowdhry ● Apr 7, 2025

Kashiv BioSciences, a fully integrated biopharmaceutical company, announced that it has entered a senior secured credit agreement with GoldenTree Asset Management as the sole lender.

Cloudflare Buying Outerbase To Enhance The Developer Database Experience

By Amit Chowdhry ● Apr 7, 2025

Cloudflare announced the acquisition of Outerbase (a developer database company) to dramatically enhance the developer database experience across Cloudflare Workers. With this deal, building database-backed applications will be more approachable, enabling more teams to build and deploy full-stack, AI-enabled applications on Cloudflare’s global network.

Contxtful: $1.9 Million Raised For Attention-Based Ad Technology

By Amit Chowdhry ● Apr 7, 2025

Contxtful Technologies, an innovator in attention-based ad technology, announced the closing of a $1.9 million funding round led by NJP Ventures. This funding round enables Contxtful to enhance its technology, scale its operations, and expand its market reach.

IBM Buying Data And AI Consultancy Company Hakkoda

By Amit Chowdhry ● Apr 7, 2025

IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients prepare their data to advance AI-based business operations.

SignalFire: Over $1 Billion Raised To Advance Next Wave of Applied AI Startups

By Amit Chowdhry ● Apr 7, 2025

SignalFire, a leading early-stage venture capital firm focused on applied AI, announced it has raised over $1 billion to fund the next generation of technology startups, bringing its total assets under management (AUM) to about $3 billion.

Rescale: $115 Million (Series D) Raised For Digital Engineering Platform

By Amit Chowdhry ● Apr 7, 2025

Rescale, a digital engineering platform built for the future of innovation and scientific discovery, announced a $115 million Series D with participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator. This brings the total funding raised to $260+ million. Rescale's early investors include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel.

SchoolAI: $25 Million (Series A) Raised For Helping Teachers And Schools With AI Platform

By Amit Chowdhry ● Apr 7, 2025

SchoolAI, an AI platform for teaching and learning, announced it has closed $25 million in Series A funding to address education’s fundamental challenge: helping teachers provide personalized attention to every student.

Further AI: $5 Million Raised For Helping Commercial Insurers Reduce Expense Ratios by 50%

By Amit Chowdhry ● Apr 7, 2025

Further AI, a company that has developed AI Assistants that handle complex insurance tasks, announced it has raised $5 million in new funding. Nexus Venture Partners led this new funding round through their $700 million AI-dedicated fund and will help Further AI to advance its mission of reducing expense ratios by 50%. This funding round also includes support from early-stage funds like Pioneer AI Fund, South Park Commons, Y Combinator, ConvergeVC, and strategic investors like Xceedance.

UniteLabs: €2.77 Million Raised For Building OS For AI-Based Biotech Research

By Amit Chowdhry ● Apr 7, 2025

UniteLabs, a company specializing in lab automation for biotechnology, announced it has raised €2.77 million in a pre-seed funding round led by NAP (formerly Cavalry Ventures). Investors PUSH, Acurio Ventures, OMA Business Angels, and LANA Ventures also participated in the round.

WTW Buying Global Commercial Credit

By Amit Chowdhry ● Apr 7, 2025

WTW (a leading global advisory, broking, and solutions company) announced the acquisition of Global Commercial Credit (GCC) into Willis. This strategic deal will advance performance by expanding into specialized businesses that align with the company’s technical, industry-structured, and expertise-driven growth plan.

CMR Surgical: Over $200 Million Raised For Surgical Robotics

By Amit Chowdhry ● Apr 7, 2025

Surgical robotics company CMR Surgical – the global surgical robotics company – announced the closing of a financing round of over $200 million through a combination of equity and debt capital to support the company’s ambitious growth plans. The funding, which was supported by all the company’s existing major investors, includes a new debt investment from Trinity Capital, reflecting strong investor confidence in CMR’s vision.

Tiny Buying Controlling Stake In Serato For $66 Million

By Amit Chowdhry ● Apr 7, 2025

Canada-based holding company Tiny announced it has acquired a controlling stake in DJ software company Serato for C$94.5 million ($66 million USD). This deal is being made through a combination of cash and common shares. The cash amount is $42 million, and Serato is valued at $175 million. The deal is expected to close in Q2 of 2025.

Motorola Solutions To Buy Visitor Management Company InVisit

By Amit Chowdhry ● Apr 7, 2025

Motorola Solutions announced it has entered into a definitive agreement to acquire InVisit, a cloud-based visitor management solution provider based in Calabasas, California. The deal will expand Motorola Solutions’ cloud-native Avigilon Alta security suite for enterprise customers, helping to better tackle rising security threats to people, operations, and assets in organizations worldwide.

Raxio: $100 Million Raised From IFC For Enhancing Sub-Saharan African Data Center Platform

By Amit Chowdhry ● Apr 7, 2025

Raxio Group, a leading Sub-Saharan African data center platform, announced it has signed an agreement for $100 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group. This funding will advance Raxio’s expansion of facilities powering key technologies like AI, cloud computing, and digital financial services – critical enablers of Africa’s economic growth and digital inclusion.

Linus: $5 Million Raised For Making SAT Preparation More Fun

By Amit Chowdhry ● Apr 7, 2025

The SAT exam remains a major test that can open doors to scholarships, colleges, and future opportunities. And for decades, preparing for it has been synonymous with stress, boredom, and high costs. This is where Linus comes in. Created by gaming industry veterans and backed by a $5 million seed round led by Owl Ventures (the world's largest edtech investor), Linus combines teaching methods with the power of engaging and game-like experiences to transform how students study for this crucial exam.

CMR Surgical: $68.75 Million Raised From Trinity Capital

By Amit Chowdhry ● Apr 7, 2025

Leading alternative asset manager Trinity Capital announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System, an adaptable soft-tissue surgical robot. This investment forms part of the company's recently closed financing round of over $200 million.

Phoenix Service Partners: $350 Million In Capital Secured To Support Rapid Growth

By Amit Chowdhry ● Apr 7, 2025

Phoenix Service Partners announced the closing of a $150 million asset-based lending (ABL) facility that includes an additional $100 million accordion feature. This strategic funding was closed concurrently with Phoenix's $100 million equity partnership agreement, enhancing the company's financial foundation and growth trajectory.

SpinLaunch: $12 Million Secured For Transformative Space Solutions

By Amit Chowdhry ● Apr 7, 2025

SpinLaunch, a pioneer of disruptive space solutions, announced a $12 million strategic investment from Kongsberg Defence and Aerospace, unveiling Meridian Space, an ultra-high-performance, low-earth orbit (LEO) satellite broadband constellation. And the constellation can uniquely provide global coverage with only one traditional rocket launch, deploying 250 next-generation microsatellites that leverage a proprietary suite of groundbreaking technologies.

TOGETHXR: Women’s Sports Media Company Raises Capital

By Amit Chowdhry ● Apr 7, 2025

TOGETHXR — an women's sports media and commerce brand co-founded by world-renowned professional athletes Alex Morgan, Chloe Kim, Simone Manuel, and Sue Bird — announced that the company has achieved profitability and hit major growth and revenue milestones, including having increased its valuation twofold since its last raise. As a first mover in the women's sports media ecosystem and the purveyor of the Everyone Watches Women's Sports slogan, TOGETHXR has utilized its visibility and engagement in women's sports to triple its revenue year over year and cement itself as the fastest-growing brand in the women's sports space. TOGETHXR also announced that it has taken in growth capital from an impressive array of new and existing backers.

Siemens To Buy Dotmatics In $5.1 Billion Deal

By Amit Chowdhry ● Apr 7, 2025

Dotmatics, a provider of scientific software that provides end-to-end solutions to connect science, data, and decision-making for life sciences R&D, announced it has signed a definitive agreement to be acquired by Siemens for $5.1 billion.

Kryterion: Interview With Global Go-to-Market Leader Buzz Walker About The Frictionless Testing Company

By Amit Chowdhry ● Apr 7, 2025

Kryterion (part of Drake International) is a company specializing in transformational technology—especially in AI/ML, SaaS, and renewable markets, building brands from the ground up to multi-million dollar valuations. Pulse 2.0 interviewed Buzz Walker, Global Go-to-Market Leader, Drake International Group, Parent Company of Kryterion, to learn more.

LearnUpon: Interview With Co-Founder & CEO Brendan Noud About The LMS Company

By Amit Chowdhry ● Apr 6, 2025

LearnUpon was founded on a belief: learning should be simple, and its impact should be big. Pulse 2.0 interviewed LearnUpon co-founder and CEO Brendan Noud to learn more about the company.

Prophetic: Seed Funding Raised For Real Estate Development Opportunity Analysis

By Amit Chowdhry ● Apr 6, 2025

Prophetic, a leading software platform for real estate development opportunity analysis and land acquisition, announced its national expansion and completion of its seed funding round, led by Entrada Ventures with participation from SilverCircle, Progression, and others.

Prowler: $12.5 Million (Seed) Closed For Open Cloud Security Platform

By Amit Chowdhry ● Apr 6, 2025

Prowler, a leader in open cloud security, announced an additional $6.5 million investment in its seed round, taking its total seed financing to $12.5 million, led by Decibel VC. SNR and IrregEx joined the round, as did several prominent angel investors.

TwinKnowledge: $3.7 Million (Seed) Closed For AI-Based Insights Platform

By Amit Chowdhry ● Apr 6, 2025

TwinKnowledge, an AI-based company transforming data intelligence for real estate and the architecture, engineering, construction, and operations (AECO) industries, announced the completion of its $3.7 million Series Seed equity funding round. The funding round was led by Camber Creek, the leading venture capital firm focused on driving innovation in the real estate industry, with participation from Great Wave Ventures.

Sturdy.ai: $6 Million (Seed) Raised For AI-Based Customer Intelligence Platform

By Amit Chowdhry ● Apr 6, 2025

Sturdy.ai, a rapidly growing AI-based customer intelligence company, announced it has raised $6 million in Series Seed funding. Voyager Capital led this funding round, with participation from Fortson VC and existing investor, Grotech Ventures.

Ropes: $3.1 Million (Seed) For Scaling AI-Driven Skills-Based Hiring

By Amit Chowdhry ● Apr 6, 2025

Ropes, an AI-based platform transforming how engineering talent is evaluated, announced it has raised $3.1 million in seed funding. The seed funding round, led by GSV Ventures with participation from Box Group, will advance the company's goal of bridging the gap between technical assessment and real-world performance.

vopemed: C$2.29 Million (Pre-Seed) Closed For Transforming Surgical Visualization With AI

By Amit Chowdhry ● Apr 6, 2025

Vopemed (Vope Medical), a medical technology startup enhancing surgical vision with AI-powered image clarification, announced it has secured an oversubscribed $2.29 million pre-seed funding round to accelerate the development of its technology and clinical validation. This funding round marks a significant milestone in vopemed's vision of empowering surgical teams with next-generation tools for safer, more efficient surgeries.

Opsera: $20 Million (Series B) Secured For AI-Based DevOps Platform Innovation

By Amit Chowdhry ● Apr 6, 2025

Opsera, an AI-based DevOps platform trusted by many companies, announced it has raised $20 million in Series B funding, led by Prosperity7 with participation from Hitachi Ventures. This funding round represents a breakout year with several product releases that position Opsera as one of the market's most flexible and intelligent AI-powered DevOps platforms for all apps and teams.