Archives

Sublime: AI-Based Email Security Company Raises $60 Million (Series B)

By Amit Chowdhry ● Dec 13, 2024

Sublime Security - an AI-based email security platform - announced it had raised $60 million in Series B funding, bringing the company's total funding to $93.8 million. The current funding round was led by IVP, with participation from new investor Citi Ventures and existing investors Index Ventures, Decibel Partners, and Slow Ventures. The latest funding round will support continued investment in Sublime's platform and community.

Chorology: Interview With CEO/CTO And Founder Tarique Mustafa About AI-Powered Data Compliance

By Amit Chowdhry ● Dec 13, 2024

Chorology is an innovator in AI-powered data compliance and security posture management that provides modern, intelligently automated enterprise compliance solutions. Pulse 2.0 interviewed Chorology CEO and CTO Tarique Mustafa to learn more about the company.

Lansil Global: Interview With Founder & CEO About Helping E-Commerce Brands Scale

By Amit Chowdhry ● Dec 13, 2024

Lansil Global is a company that has been working hand-in-hand with e-commerce brands to scale and grow their business. Pulse 2.0 interviewed Lansil Global founder and CEO Alan Coughlan to learn more about the company.

Eureka Robotics: $10.5 Million (Series A) Raised To Help Factories Automate Work

By Amit Chowdhry ● Dec 13, 2024

Singapore-based company Eureka Robotics has announced it raised a $10.5 million Series A round led by B Capital with participation from new investors Airbus Ventures, Maruka Corporation, G. K. Goh Ventures, and returning investors UTEC and ATEQ.

Emory University Collaborating With Techstars For Launching Pre-Accelerator Program

By Amit Chowdhry ● Dec 13, 2024

Pre-seed investor firm Techstars announced it is partnering with The Hatchery, Emory Center for Innovation, and Goizueta Business School’s Roberto C. Goizueta Center for Entrepreneurship & Innovation to launch the Techstars Emory Founder Catalyst Program.

Wake Forest University: $30 Million Gift Received To Expand Center For Entrepreneurship

By Amit Chowdhry ● Dec 13, 2024

Wake Forest University announced it has received a transformational $30 million gift from an anonymous donor. The gift will expand the University’s Center for Entrepreneurship and enhance access and opportunities for undergraduate students in the academic program. It is one of the most significant gifts in the University’s history.

Pollo Tropical: $230 Million Credit Facility Secured

By Amit Chowdhry ● Dec 13, 2024

Comvest Credit Partners - a leading provider of flexible direct financing solutions to middle-market companies - announced that it is acting as an administrative agent on a new $230 million senior secured credit facility for Pollo Tropical, a Miami-based quick-service restaurant chain specializing in Latin-Caribbean-style cuisine.

SOOTH: Interview With Founder Ian Baer About The Insights-Driven Company

By Amit Chowdhry ● Dec 12, 2024

SOOTH is an insights-driven company that tracks the habits of 200 million consumers and can accurately provide intel on the emotions that will make them buy or not buy your product with the help of proprietary algorithms and AI. Pulse 2.0 interviewed SOOTH founder Ian Baer to learn more about the company.

U-M And Los Alamos Jointly Developing Michigan-Based AI Research Facility

By Amit Chowdhry ● Dec 12, 2024

The University of Michigan and Los Alamos National Laboratory plan to develop an advanced facility for high-performance computing and AI research. This will enhance and strengthen the university’s science, energy, and national security research capabilities and create new jobs in southeast Michigan.

Prezent.AI Raises $7.3 Million From True Global Ventures

By Amit Chowdhry ● Dec 12, 2024

True Global Ventures (TGV) Opportunity Fund, a venture capital firm focused on transformative AI and Blockchain applications, announced a $7.3 million investment in Prezent AI. Prezent AI is a fast-growing company that is transforming enterprise business communication through AI-based storytelling solutions.

Azimuth AI: Edge Computing Silicon Company Secures $11.5 Million

By Amit Chowdhry ● Dec 12, 2024

Azimuth AI, a company that produces highly customized silicon products for edge and embedded computing markets, announced it has closed a $11.5 million venture round. Moneta Ventures, a Sacramento-based venture capital firm, co-led the funding round, which another local Sacramento firm, Growth Factory, also joined. Azimuth's seed round investor, AUM Ventures, a venture capital firm based in the Abu Dhabi Global Market (ADGM), also re-invested in this round.

Intersect Power: Over $800 Million Raised And Strategic Partnership With Google And TPG

By Amit Chowdhry ● Dec 12, 2024

Intersect Power announced a strategic partnership with Google and TPG Rise Climate (TPG) to offer scaled renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US. By the decade's end, Intersect Power will catalyze a targeted $20 billion in renewable power infrastructure investment.

HiringBranch: C$5 Million (Series A) Raised For Scaling Soft Skills AI Platform

By Amit Chowdhry ● Dec 12, 2024

HiringBranch, a leading AI-based soft skills assessment platform, announced that it raised C$5 million in Series A funding. Crédit Mutuel Equity led the round, which included participation from Export Development Canada and Anges Québec.

Wavegate: Neuromodulation Technology Company Reveals $26 Million (Series A) Round

By Amit Chowdhry ● Dec 12, 2024

Wavegate, a pioneering developer of neuromodulation technology for chronic pain management, announced it has secured a lead investor in their $26 million Series A funding round led by UCEA Capital Partners, a London-based investment firm. This funding will accelerate the development of Wavegate's proprietary Ellipse platform, featuring StimuLux technology, designed to provide breakthrough therapeutic solutions for chronic pain patients.

Kaymbu: Classroom Engagement Company Raises Growth Funding

By Amit Chowdhry ● Dec 12, 2024

Kaymbu - a leading classroom documentation and family engagement platform for early childhood education - announced it has landed a growth funding package from Decathlon Capital Partners. This revenue-based financing package will support Kaymbu's continued investment in platform development, expansion of client service capabilities, and new customer growth. The details of the revenue-based funding transaction were not disclosed.

Ayar Labs: $155 Million Secured At $1+ Billion Valuation To Address Needs For Cost-Effective AI Infrastructure

By Amit Chowdhry ● Dec 12, 2024

Ayar Labs, a leader in optical interconnect solutions for large-scale AI workloads, announced it has secured $155 million in funding led by Advent Global Opportunities and Light Street Capital to break down the AI bottleneck of data movement with its optical I/O technology. This brings the total funding to $370 million and raises the company’s valuation to above $1 billion.

The Royalty Network: Interview With Founder & CEO Frank Liwall About The Music Publishing Company

By Amit Chowdhry ● Dec 12, 2024

The Royalty Network is one of the country’s leading family-owned independent music publishing companies. The company represents legends including Asha Bhosle; singers who’ve gained notoriety through Bollywood films, such as Hariharan; and new independents driving the hip-hop / R&B movement, often being led by its client Azadi Records. Pulse 2.0 interviewed Royalty Network founder and CEO Frank Liwall to learn more about the company.

Silent Push: Preemptive Cybersecurity Intelligence Company $10 Million (Series A)

By Amit Chowdhry ● Dec 12, 2024

Silent Push - a leading preemptive cybersecurity intelligence company - announced a $10 million Series A funding round co-led by Ten Eleven Ventures and Stepstone Group LP. This and its early seed round bring its total funding to $22 million.

eSelf: $4.5 Million (Seed) Closed To Create Face-To-Face Conversational AI Agents

By Amit Chowdhry ● Dec 11, 2024

eSelf - a platform for businesses to create face-to-face conversational AI agents - announced the official launch of their solution along with $4.5 million in seed funding. The funding round was led by Explorer Investments, with participation from Ridge Ventures and strategic angel investors, including Eyal Manor (former VP of Engineering at YouTube and Chief Product & Engineering Officer at Twilio).

Stigg: $17.5 Million (Series A) Raised For Modernizing Software Monetization

By Amit Chowdhry ● Dec 11, 2024

Stigg, which is the first unified monetization platform for engineers, announced $17.5 million in series A funding, led by Red Dot Capital Partners, with participation from Unusual Ventures, Emerge Ventures, Redseed, and Cerca Partners. This funding brings the company's total funding to $24 million.

Flare: Threat Exposure Management Company Raises $30 Million (Series B)

By Amit Chowdhry ● Dec 11, 2024

Flare, a global leader in Threat Exposure Management (TEM), announced its $30 million Series B Round led by Base10 Partners with participation from Inovia Capital, White Star Capital, and Fonds de solidarité FTQ.

Fleet: Australia-Based Space Exploration Company Raises $100 Million (Series D) Raised At $525 Million Valuation

By Amit Chowdhry ● Dec 11, 2024

Fleet Space Technologies - which is Australia's leading space exploration company - announced the closing of a $100M Series D funding round led by Teachers' Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers' Pension Plan, and joined by existing investors Blackbird Ventures, Hostplus, Horizons Ventures, Artesian Venture Partners, and Alumni Ventures.

Monarch Private Capital Reveals Impact Across South Carolina Through Nearly 100 Investments

By Amit Chowdhry ● Dec 11, 2024

Monarch Private Capital - an impact investment firm that develops, finances, and manages a diversified portfolio of projects generating federal and state tax credits - announced its impact across South Carolina through nearly 100 investments spanning Anderson to Rock Hill and Greenville to Charleston.

GameAbove Entertainment: Matt Shepard Named As CEO

By Amit Chowdhry ● Dec 11, 2024

GameAbove Entertainment has appointed Matt Shepard as its new CEO. Shepard, a renowned sports executive and broadcaster, brings decades of experience in the sports and entertainment world to this leadership role.

Hunton Andrews Kurth: Joanna Enns Joins As Capital Markets Partner In Dallas

By Amit Chowdhry ● Dec 11, 2024

Hunton Andrews Kurth LLP announced that prominent minerals and mining capital markets attorney Joanna D. Enns has joined the firm as a partner in Dallas.

ProvLabs: Blockchain Infrastructure Company Raises Seed Funding

By Amit Chowdhry ● Dec 11, 2024

ProvLabs, a provider of blockchain infrastructure technology solutions that enable real-world assets to be deployed at scale, announced it has completed a seed round fundraising and carve-out from Provenance Blockchain Foundation.

LeadsOnline: Interview With CEO Alex Finley About The Investigative Technology Company

By Amit Chowdhry ● Dec 11, 2024

LeadsOnline is an investigative technology company that serves law enforcement agencies in 80+ countries. Pulse 2.0 interviewed LeadsOnline CEO Alex Finley to learn more about the company.

DLA Piper: Kirstie Allerton Named As Managing Partner Of Leeds Office

By Amit Chowdhry ● Dec 10, 2024

Global law firm DLA Piper announced that partner Kirstie Allerton has been appointed as Office Managing Partner (OMP) for the firm's Leeds office. And Allerton succeeds Andrew Dyson who, effective the same day, will move into a new role as the firm's UK Country Managing Partner.

Wire 3: $115 Million Credit Facility Signed For Accelerating Fiber Network Expansion

By Amit Chowdhry ● Dec 10, 2024

Wire 3, a leading provider of high-speed fiber-optic internet, announced the closing of a $115 million credit facility. This facility, led by Woodforest National Bank, CIBC, and JPMorgan, with participation from Axiom Bank, will support the continued expansion of Wire 3's state-of-the-art, 100% fiber-optic network across Florida.

LambdaTest: $38 Million Raised By AI-Based QA Agent-As-A-Service

By Amit Chowdhry ● Dec 10, 2024

LambdaTest, a leading cloud-based unified testing platform, announced it raised a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures. This brings the total funding to $108 million.