Innovation

Onfly: $40 Million (Series B) Secured For Digitizing Corporate Travel In Latin America

By Amit Chowdhry ● Apr 20, 2025

Onfly, a travel tech company in Latin America, announced it has secured $40 million in Series B funding led by Tidemark. This funding round also included participation from Endeavor Catalyst and Left Lane Capital, which previously co-led Onfly's Series A round with the Brazilian fund Cloud9 Capital.

Well: $30 Million Raised For AI-Based Health Engagement Platform

By Amit Chowdhry ● Apr 20, 2025

Well, an innovator in AI-driven health engagement, announced it has secured $30 million in additional funding. This funding increased the total to over $150 million to help fuel the expansion of Well's AI platform, enhance operational capabilities, and further enable the company to proactively predict and address emerging health risks within employee populations.

Ideem: $2.4 Million (Seed) Funding Closed To Transform How Payments Are Completed Online

By Amit Chowdhry ● Apr 20, 2025

Ideem, a company changing how users complete payments online, announced a $2.4 million seed funding round backed by Sovereigns Capital, Quona Ventures, Everywhere Ventures, Hustle Fund, Oread Angels, Network KS, and a group of strategic angel investors. This funding will advance Ideem's goal of removing friction, fraud, and costs in mobile payment flows to deliver fast, secure one-click experiences.

Traction Complete: Debt Financing Facility Raised From CIBC

By Amit Chowdhry ● Apr 20, 2025

CIBC Innovation Banking announced that it has provided a debt financing facility to Vancouver-based Traction Complete. And Traction Complete’s suite of Revenue Operations Data Management apps was designed to help organizations automate critical business processes to streamline sales, improve data quality, and optimize go-to-market strategies.

Doss: $18 Million (Series A) Raised From Theory Ventures

By Amit Chowdhry ● Apr 20, 2025

Doss, an AI-based ERP and data platform, announced an $18 million Series A funding round led by Theory Ventures. Tomasz Tunguz, founder of Theory Ventures, will join the Board as part of the investment. Doss will use this new funding to expand its team, expand outside of the US market, and continue building out its core platform.

LightSource: $33 Million Raised At $130 Million Valuation For Modernizing Sourcing And Procurement

By Amit Chowdhry ● Apr 20, 2025

LightSource Labs, an AI-based enterprise procurement platform, announced it emerged from stealth with $33 million in seed and Series A funding at a $130 million valuation to scale the company’s platform.

Leidos: $10 Million Partnership With The University Of Pittsburgh For AI-Based Disease Detection

By Amit Chowdhry ● Apr 20, 2025

Leidos announced it is committing $10 million to advance artificial intelligence for detecting and managing diseases, in collaboration with the University of Pittsburgh's Computational Pathology and AI Center of Excellence (CPACE).

Phantom Neuro: $19 Million (Series A) Closed To Advance Neural Interface For Prosthetics and Robotics

By Amit Chowdhry ● Apr 19, 2025

Phantom Neuro, a neurotech company advancing human-machine interfaces, announced an oversubscribed $19 million Series A funding round led by Ottobock, a leader in prosthetics, orthotics, and exoskeleton technology. This funding round includes participation from existing investors, including Breakout Ventures, Draper Associates, LionBird Ventures, Time BioVentures, and Risk and Return, and new investors Actual VC, METIS Innovative, e1 Ventures, Jumpspace, MainSheet Ventures, and Brown Advisory.

Virtue AI: $30 Million Secured For AI Safety And Security Platform

By Amit Chowdhry ● Apr 19, 2025

Virtue AI, a company founded by world-leading experts in AI safety and security, announced $30 million in seed and Series A funding by Lightspeed Venture Partners and Walden Catalyst Ventures, and joined by Prosperity7 and other existing investors, including Factory, Osage University Partners, Lip-Bu Tan, Amarjit Gill, and Chris Re.

hellocare.ai: $47 Million Raised For AI-Based Virtual Care Delivery Platform

By Amit Chowdhry ● Apr 19, 2025

hellocare.ai, a leading AI-assisted virtual care delivery platform transforming hospital care models and operations, announced it has raised $47 million in an oversubscribed funding growth round. This funding round was led by HealthQuest Capital, with participation from a strategic coalition of health systems and digital health investors, including Bon Secours Mercy Health, UCHealth, OSF Ventures, and LRVHealth.

University Of Nebraska–Lincoln: New Venture Competition Awards Given To Student Startups

By Amit Chowdhry ● Apr 19, 2025

The University of Nebraska–Lincoln announced that 64 student teams recently competed for $82,500 in prizes during the 38th annual New Venture Competition. Hosted by the Center for Entrepreneurship, this two-day business plan tournament featured undergraduate and graduate students from every college at the university, representing 38 majors.

ABC Technologies: £1.8 Billion Acquisition Of TI Fluid Systems Completed

By Amit Chowdhry ● Apr 19, 2025

ABC Technologies announced the completion of its acquisition of TI Fluid Systems (TIFS) for an enterprise value of over £1.8 billion. This combined business will be rebranded TI Automotive, a name with a distinguished heritage that reflects their shared focus on world-class engineering, people, and customer service.

ThirtyFiveBio: Bridge Round Of Funding Raised To Develop Inhibitors Of GPR35

By Amit Chowdhry ● Apr 19, 2025

ThirtyFiveBio Limited, a biotechnology company developing first-in-class small molecule inhibitors of G protein-coupled receptor 35 (GPR35) for treating of gastrointestinal (GI) disease, announced the closing of a bridge round of financing, which included a strategic investment from AbbVie Ventures, along with support from an existing investor Canaan and new investor Mayewell Capital.

Vaquero Midstream: $400 Million Credit Facility Secured

By Amit Chowdhry ● Apr 19, 2025

Vaquero Midstream, a natural gas gathering and processing midstream company operating in the Delaware Basin, announced it closed on an expanded $400 million credit facility that was led by BOK Financial.

LucyRx: Investment Raised From LRVHealth

By Amit Chowdhry ● Apr 19, 2025

LucyRx, a next-generation pharmacy benefits manager (PBM), announced a strategic growth investment from LRVHealth, a healthcare investment platform backed by a national network of leading health systems. And with this funding round, LRVHealth joins LucyRx’s existing investor base, bringing the company’s total committed capital to more than $500 million.

Dolphin Semiconductor: €10 Million Investment Commitment Signed With Vertex Growth

By Amit Chowdhry ● Apr 19, 2025

Vertex Growth, a Singapore-based venture capital fund, announced a €10 million commitment to Dolphin Semiconductor, a leading provider of semiconductor IP solutions specializing in mixed-signal IP design.

NetRise: $10 Million (Series A) Raised For Advancing Software Supply Chain Visibility And Risk Management

By Amit Chowdhry ● Apr 19, 2025

NetRise, a leader in software supply chain security helping companies inventory software assets and identify and respond to software risk announced a $10 millino growth funding led by DNX Ventures with participation by existing investors Miramar Digital Ventures, Sorenson Capital, Squadra Ventures, and Talons Ventures.

Colliers Acquiring Canadian Real Estate Services Platform Triovest

By Amit Chowdhry ● Apr 19, 2025

Colliers announced that it has entered into a definitive agreement to acquire Triovest, a leading Canadian commercial real estate services platform, from its owner, Coril Holdings. After the deal closes, Triovest will rebrand as Colliers, merging its operations and capabilities to cement Colliers’ position as Canada’s largest commercial real estate services firm.

Homemove: $5 Million Secured For Proptech Platform

By Amit Chowdhry ● Apr 19, 2025

Homemove, a proptech brand that enables users to manage their complete home move process from an easy-to-use platform, announced the completion of a $5 million funding round led by Fuel Ventures with co-investors including the Blandford Family Office and Oxford Innovation.

Corvic AI: $12 Million (Seed) Secured For AI Cognitive Infrastructure Platform

By Amit Chowdhry ● Apr 19, 2025

Corvic AI, a company transforming secure and scalable GenAI adoption for enterprises, announced it has raised $12 million in seed funding led by M Ventures and Bosch Ventures, with participation from Foothill Ventures, Lam Capital, LDV Partners, K2 Access Fund and Brian Long (Atlantic Bridge).

InvestCloud: Josh Mayer Named As New APL Chief Operating Officer

By Amit Chowdhry ● Apr 19, 2025

Wealth technology leader InvestCloud announced the expansion of its APL leadership team with the appointment of Josh Mayer to the newly created role of Chief Operating Officer, reporting to APL President Cheryl Nash.

HubSpot To Buy AI-Based Workplace Search Assistant Company Dashworks

By Amit Chowdhry ● Apr 19, 2025

HubSpot announced it agreed to buy Dashworks, an AI-based workplace search assistant. This deal will combine Dashworks' deep search and reasoning expertise with a vision of giving every go-to-market team member an AI assistant.

Cybersecurity Company Torq Buys Revrod

By Amit Chowdhry ● Apr 19, 2025

Torq, an autonomous security operations leader, announced it has acquired Revrod and integrated its multi-agent RAG (Retrieval-Augmented Generation) advancements into Torq HyperSOC-2o, the latest evolution of its flagship product. And Torq HyperSOC-2o offers a comprehensive AI-driven SOC automation experience recently validated by IDC. Many companies use Torq HyperSOC to automate, manage, and monitor critical SOC responses at machine speed.

Soul Street Ventures: Interview With Co-Founder & Managing Partner Prasanth Chilukuri About The Early-Stage Investment Firm

By Amit Chowdhry ● Apr 19, 2025

Soul Street Ventures is a Houston and St. Louis-based VC firm that takes a hands-on approach to early-stage investing. And Soul Street prioritizes high-touch partnerships, focusing on a smaller, curated portfolio to provide founders with deep operational and strategic support—going beyond just writing a check. Pulse 2.0 interviewed Soul Street Ventures co-founder and managing partner Prasanth Chilukuri to learn more about the firm.

Tredence: Interview With CSO Soumendra Mohanty About The Data Solutions Provider

By Amit Chowdhry ● Apr 18, 2025

Tredence is a global data science solutions provider focused on solving the last mile problem in AI. Pulse 2.0 interviewed Tredence Chief Strategy Officer and Chief Innovation Officer Soumendra Mohanty to learn more about the company.

Honeycomb Credit Buying IFundWomen, A Funding Marketplace For Growing Businesses

By Amit Chowdhry ● Apr 18, 2025

Pittsburgh-based Honeycomb Credit, a leading community capital investment platform for small businesses, announced its acquisition of IFundWomen (IFW), a funding marketplace for growing businesses. This deal combines IFW's solid track record in rewards crowdfunding, enterprise grants, coaching, and connections for early-stage companies with Honeycomb Credit's expertise in helping local businesses secure loans from everyday community investors.

Mindset: AI Agent Platform Company Secures £4.3 Million

By Amit Chowdhry ● Apr 18, 2025

AI agent platform company Mindset AI announced it has raised £4.3 million in funding to expand its operations in the UK and open an office in Chicago, U.S. This funding round was jointly led by Edge VC and Pembroke VCT, with participation from existing investors and Mountside Ventures advising the raise.

C2FO: $30 Milion Raised For On-Demand Working Capital Platform

By Amit Chowdhry ● Apr 18, 2025

C2FO, a working capital platform company, announced its completion of a $30 million funding round with the International Finance Corporation (IFC), a member of the World Bank Group, and existing shareholders.

Yarbo: Over $27 Million (Series B) Raised For Scaling Intelligent Yard Robot Technology

By Amit Chowdhry ● Apr 18, 2025

Yarbo, a company that created the world's first year-round multipurpose intelligent yard robot, announced it has closed its Series B funding round, raising about $27 million.

Octolane: $2.6 Million (Seed) Raised For Self-Driving AI CRM Platform

By Amit Chowdhry ● Apr 18, 2025

Octolane, a company that provides the first AI-driven CRM that automates sales actions and CRM updates, announced an oversubscribed $2.6 million seed round. Launched by two young immigrants, Octolane challenges legacy CRM providers with a new AI-based platform that automates sales actions and CRM updates.