Innovation

Safe Software: Strategic Growth Investment Received From JMI Equity

By Noah Long ● Jan 14, 2024

Safe Software - a leading enterprise integration company with unrivaled support for spatial data - recently announced that JMI Equity (JMI) has invested strategically in the high-growth enterprise solutions provider.

Ansys Launches SimAI To Combine Simulation With Generative AI

By Amit Chowdhry ● Jan 14, 2024

Ansys recently launched its newest Artificial Intelligence (AI)-based technology Ansys SimAI, which is a physics-agnostic software as a service (SaaS) application that combines the predictive accuracy of Ansys simulation with the speed of generative AI.

Atomic-6: Advanced Composite Manufacturing Company Secures Over $9 Million

By Noah Long ● Jan 14, 2024

Atomic-6 - a leading innovator in advanced composite manufacturing for Aerospace, Ballistic, and Hypersonic applications - recently announced the successful completion of its first two funding rounds.

Via Scientific: Multi-Omics platform Company Secures $5 Million

By Annie Baker ● Jan 11, 2024

Via Scientific - the developer of Via Foundry, the multi-omics platform that enables pharmaceutical companies, bio-techs and academic researchers to go faster in discovering novel biological insights - recently announced the closing of $5 million in funding led by G20 Ventures and Innospark Ventures.

Ververica: How This Company Is Unlocking The Potential Of Data For Enterprises

By Amit Chowdhry ● Jan 11, 2024

Ververica (a company founded by the original creators of open-source Apache Flink) is focused on unlocking the immense potential of data for enterprises. Pulse 2.0 interviewed Ververica CEO Alexander Walden to learn more about the company.

Hungryroot: The Success Story Of This Rapidly Growing Online Grocery Service

By Amit Chowdhry ● Jan 11, 2024

Hungryroot is an online grocery service that makes healthy eating easy and personal. Pulse 2.0 interviewed Hungryroot and Every App founder and CEO Ben McKean to learn more about the company.

What Google Revealed At CES 2024

By Amit Chowdhry ● Jan 9, 2024

Google GM and VP Sameer Samat revealed several new updates the company made at the CES 2024 event. These are the details.

Deepcell Partners With NVIDIA To Utilize Generative AI In Single Cell Research

By Amit Chowdhry ● Jan 9, 2024

Deepcell - a pioneer in AI-powered single-cell analysis to fuel deep biological discoveries - recently announced a research collaboration with NVIDIA to accelerate the development and adoption of advanced computer vision solutions in life sciences. And Deepcell - which already uses the NVIDIA A4000 and NVIDIA AI technology - will incorporate NVIDIA AI into its single-cell analysis technology, working collaboratively with NVIDIA to codevelop new uses for generative AI and multimodal applications in cell biology.

McAfee: Deepfake Audio Detection Technology Unveiled

By Annie Baker ● Jan 9, 2024

McAfee recently announced its AI-powered Deepfake Audio Detection technology (known as Project Mockingbird) at the Consumer Electronics Show. This new and proprietary technology was developed to help defend consumers against the surging threat of cybercriminals utilizing fabricated and AI-generated audio to carry out scams that rob people of money and personal information, enable cyberbullying, and manipulate the public image of prominent figures.

Twilio: Khozema Shipchandler Named As CEO

By Amit Chowdhry ● Jan 9, 2024

Twilio - the customer engagement platform that drives real-time and personalized experiences for today’s leading brands - announced that Khozema Shipchandler, formerly President of Twilio Communications, has been appointed Chief Executive Officer and will join the company’s Board of Directors, effective immediately. Shipchandler is succeeding Jeff Lawson, Twilio’s co-founder, who is stepping down as CEO and as a member of the Twilio Board. Jeff Epstein (a member of the Twilio Board and Lead Independent Director since 2017) has been appointed as Chair of the Twilio Board.

BigCommerce And Marketplacer Sign Strategic Partnership

By Annie Baker ● Jan 9, 2024

BigCommerce (a leading Open SaaS ecommerce platform for fast-growing and established B2C and B2B brands) and Marketplacer (a global technology platform that enables brands, retailers, suppliers, communities, and innovators to build and grow successful online marketplaces at scale) have announced a strategic partnership.

Sofy: How This No-Code Testing Company Is Radically Transforming An $8+ Billion Market

By Amit Chowdhry ● Jan 9, 2024

Sofy is a company that provides scriptless test automation platform for mobile apps, and users can run QA tests from CI/CD on real devices & complete testing in ten minutes. To learn more about the company, Pulse 2.0 interviewed Soft CEO and founder Syed Hamid.

Apple Vision Pro To Become Available On February 2

By Amit Chowdhry ● Jan 8, 2024

Today Apple announced Apple Vision Pro will be available beginning Friday, February 2, at all U.S. Apple Store locations and the U.S. Apple Store online. The Vision Pro seamlessly blends digital content with the physical world and unlocks powerful spatial experiences through visionOS and it is controlled by the natural and intuitive inputs: a user’s eyes, hands, and voice.

GE HealthCare Buying MIM Software: Details

By Noah Long ● Jan 8, 2024

GE HealthCare announced today it has entered into an agreement to acquire MIM Software, a global provider of medical imaging analysis and artificial intelligence (AI) solutions for the practice of radiation oncology, molecular radiotherapy, diagnostic imaging, and urology at imaging centers, hospitals, specialty clinics, and research organizations worldwide.

Claris Bio: $57 Million Closed To Improve Corneal Healing Quality

By Annie Baker ● Jan 8, 2024

Claris Bio - a late-clinical stage biotechnology company focusing on corneal disease therapies - has unveiled the company and its lead program, with a total of $57 million invested from Series A investors Novo Holdings A/S, RA Capital and Mass General Brigham Ventures and recent investor Janus Henderson Investors.

Isomorphic Labs Signs Deal Valued Up To $1.7 Billion With Eli Lilly

By Amit Chowdhry ● Jan 7, 2024

Digital biology company Isomorphic Labs - a company with a goal of redefining drug discovery using the power of AI - recently announced that it has entered into a strategic research collaboration with Eli Lilly and Company.

Bumper: $48 Million Raised To Advance Flexible Automotive Payments Across Europe

By Amit Chowdhry ● Jan 5, 2024

Bumper - a fintech enabling flexible payments for car repairs - recently announced the completion of a $48 million / €46 million / £40 million Series B fundraise to accelerate its growth. The company helps drivers split repair bills into interest-free payments so they are able to keep their cars on the road.

Annabella: Breast Bump Company Secures $8.5 Million In Funding

By Annie Baker ● Jan 5, 2024

Annabella - a first-of-its-kind breast pump - recently announced its seed funding round of $8.5 million and its entrance into the U.S. market. The notable investors include Israel Shark Tank’s Yasmin Lukatz (Founder of Israel Collaboration Network), serial entrepreneur and investor Oren Dobronsky, as well as Zohar Gilon (Tamar Technology Ventures), and Menachem Weinfeld (Starry Group).

Graviton Bioscience Receives Financing From Enavate Sciences

By Noah Long ● Jan 4, 2024

Graviton Bioscience - a privately held clinical-stage biotechnology company focused on therapies that inhibit Rho/Rho-associated coiled-coil containing protein kinase 2 (ROCK2) - recently announced the completion of financing from Enavate Sciences, a portfolio company of Patient Square Capital.

Intel And DigitalBridge Form Articul8 To Offer Enterprise GenAI Software Platform

By Amit Chowdhry ● Jan 4, 2024

Intel and global investment firm DigitalBridge Group announced the formation of Articul8 AI, an independent company offering enterprise customers a full-stack, vertically-optimized, and secure generative artificial intelligence (GenAI) software platform. And the platform delivers AI capabilities that keep customer data, training, and inference within the enterprise security perimeter.

Apollo Therapeutics: Second Close Of Series C Funding Brings Total Raised To $260 Million

By Annie Baker ● Jan 3, 2024

Apollo Therapeutics - a portfolio biopharmaceutical company focused on translating fundamental medical research into medicines through a hub-and-spoke approach - recently announced that during December 2023, it completed a second close of its Series C financing, raising an additional $33.5 million and bringing the total raised in this round by the company during 2023 to $260 million.

Voyager Therapeutics Signs $1.2 Billion Capsid License Agreement And Strategic Collaboration With Novartis

By Amit Chowdhry ● Jan 2, 2024

Voyager Therapeutics - a biotechnology company dedicated to advancing neurogenetic medicines - today announced a strategic collaboration and capsid license agreement with Novartis Pharma AG, a subsidiary of Novartis AG, to advance potential gene therapies for Huntington’s disease (HD) and spinal muscular atrophy (SMA). And Voyager will provide Novartis a target-exclusive license to access Voyager’s TRACER capsids and other intellectual property for the respective diseases. Voyager and Novartis will collaborate to advance a preclinical gene therapy candidate for HD.

Formless: $2.2 Million Raised To Create Virtual And Physical Experiences

By Annie Baker ● Dec 29, 2023

Formless - a company building decentralized network infrastructure for property rights management and revenue sharing - recently announced the successful raise of over $2.2 million in pre-seed funding. And the consortium of investors includes a16z Crypto CSS, Beacon web3 accelerator, and angel investors that include Sandeep Nailwal (Co-Founder of Polygon Network), Ryan Fang (Co-Founder and COO of Ankr), Dharmesh Shah (Founder and CTO of HubSpot), and Dallas Austin (Grammy-award winning producer and CEO of Dallas Austin Distribution).

Pattern Energy: $11 Billion In Financing Closed For Largest Clean Energy Infrastructure Project In U.S. History

By Amit Chowdhry ● Dec 29, 2023

Pattern Energy Group LP - a leader in renewable energy and transmission infrastructure - recently announced that it has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, the largest clean energy infrastructure project in U.S. history.

MediWound Receives $6.7 Million U.S. DoD Funding For Advancing NexoBrid Development

By Amit Chowdhry ● Dec 29, 2023

MediWound - a fully-integrated biopharmaceutical company focused on next-generation enzymatic therapeutics for tissue repair - recently announced that the U.S. Department of Defense (DoD), through the Medical Technology Enterprise Consortium (MTEC) has awarded MediWound an additional $6.7 million in non-dilutive funding for developing NexoBrid as a non-surgical solution for field-care burn treatment for the U.S. Army.

U.S. Air Force Awarding Viasat Up To $900 Million For Indefinite Delivery/Indefinite Quantity (IDIQ) Contract

By Annie Baker ● Dec 29, 2023

Viasat - a global leader in satellite communications - recently announced it will work with the U.S. Air Force's Life Cycle Management Center (USAF LCMC) to transition and integrate new innovative technologies and capabilities as part of a $900 million ceiling, Indefinite Delivery/Indefinite Quantity (IDIQ) contract. As part of the multi-award contract – known by its initialism LCMC XA IDIQ – Viasat is expected to prototype and test systems, hardware, software, and cybersecurity solutions to provide integrated and multi-domain capabilities for the USAF.

Air Space Intelligence: Modern Aerospace Company Raises $34 Million

By Amit Chowdhry ● Dec 20, 2023

Air Space Intelligence (ASI) - a modern aerospace company addressing the software crisis across commercial and government sectors - recently announced the completion of a $34 million Series B funding round.

ARTBIO: $90 Million Secured To Develop New Class Of Alpha Radioligand Therapies

By Amit Chowdhry ● Dec 20, 2023

ARTBIO - a clinical-stage radiopharmaceutical company developing a new class of targeted alpha radioligand therapies (ARTs) – recently announced the closing of an oversubscribed and upsized $90 million Series A financing co-led by Third Rock Ventures and an undisclosed healthcare fund. And seed lead investors F-Prime Capital and Omega Funds participated substantially. The company's prior seed investment round of $23 million was announced in June 2023.

Yogi: Customer Insights Platform Company Raises $10 Million

By Annie Baker ● Dec 19, 2023

Yogi - a customer insights platform built for the consumer goods industry – recently announced its Series A financing led by Blueprint Equity, with participation from existing investors ScOp Venture Capital, RTP Global, Data Point Capital, Remarkable Ventures, and Jaffray Woodriff. In connection with the funding round Sheldon Lewis (Managing Partner at Blueprint Equity) will join Yogi's Board of Directors.

X-energy: Modular Nuclear Reactor Company Closes $235 Million In Funding

By Amit Chowdhry ● Dec 19, 2023

X-Energy Reactor Company, LLC - a leading developer of advanced small modular nuclear reactors and fuel technology for clean energy generation - recently announced that it has completed its Series C financing round with an additional $80 million from Ares Management Corporation and X-energy founder Kam Ghaffarian.