Archives

SpotDraft: $54 Million (Series B) Raised For Helping Legal Teams Manage Contract Ecosystems

By Amit Chowdhry ● Feb 19, 2025

SpotDraft, a CLM platform that helps in-house legal teams manage their contract ecosystems, announced it has raised $54 million in Series B funding. Vertex Growth Singapore and Trident Partners were the lead investors, and the existing investors (Xeed VC, Arkam Ventures, Prosus Ventures, and Premji Invest) also participated in this round.

Ulu Ventures: Fourth Fund Grown To $208 Million

By Amit Chowdhry ● Feb 19, 2025

Ulu Ventures, a top seed-stage VC firm, is the largest Latina-led fund in the US and it focused on high-growth and market-leading information technology and internet companies. Ulu raised $208 million for Fund IV, which is an increase of over 50% from Fund III’s $138 million. This latest fund also doubles Ulu’s assets under management to over $400 million AUM.

Relativity Networks: $4.6 Million (Pre-Seed) Funding Raised For Scaling Fiber Optics

By Amit Chowdhry ● Feb 19, 2025

Relativity Networks, a leading at-scale provider of next-generation fiber-optic technology, announced it raised $4.6 million in pre-seed funding to address the growing demand for data centers and the substantial power requirements. And Relativity Networks' technology will help the data industry meet that energy challenge by expanding the development beyond urban cores and into locations with more abundant power.

ParkHub Buys ElimiWait For Expanding Parking Solutions Portfolio

By Amit Chowdhry ● Feb 19, 2025

ParkHub, a leading North American provider of parking software solutions, announced the acquisition of ElimiWait, a software platform specializing in valet parking operations. And this strategic acquisition reinforces ParkHub’s position as the most comprehensive parking solutions provider in North America by incorporating ElimiWait’s innovative valet management tools into its product suite.

Lucidity: $21 Million (Series A) Raised For Multi-Cloud Storage Management Platform

By Amit Chowdhry ● Feb 19, 2025

Multi-cloud storage management platform Lucidity announced a $21 million Series A investment led by WestBridge Capital with participation from existing investor Alpha Wave. With the most recent funding round, Lucidity plans to expand the go-to-market team and continue innovating the platform to solve key storage management problems for enterprises worldwide.

Abcuro: $200 Million (Series C) Raised For Advancing Medicine In Development For Inclusion Body Myositis

By Amit Chowdhry ● Feb 19, 2025

Abcuro - a clinical-stage biotechnology company developing therapies for the treatment of autoimmune diseases and cancer through precise modulation of cytotoxic T cells - announced the closing of a $200 million Series C financing led by New Enterprise Associates (NEA) with Foresite Capital joining the round and participation of existing investors including RA Capital Management, Bain Capital Life Sciences, Redmile Group, Samsara BioCapital, Sanofi Ventures, Pontifax, Mass General Brigham Ventures, New Leaf Ventures, funds managed by abrdn, funds and accounts managed by BlackRock, Eurofarma Ventures, and Soleus Capital.

SoundHealth: Interview With CEO Paramesh Gopi About The Medical Innovation Company

By Amit Chowdhry ● Feb 19, 2025

SoundHealth is a company that efficiently accelerates medical innovations, fulfilling the mission of the world's leading foundations and non-profits and overall bettering global health. Pulse 2.0 interviewed SoundHealth CEO Paramesh Gopi to learn more about the company.

Panda Health: Interview With CEO Ryan Bengtson About The Health System Connection Company

By Amit Chowdhry ● Feb 19, 2025

Panda Health is a company that transforms how health systems connect with, explore, and adopt leading digital health technologies. Pulse 2.0 interviewed Panda Health CEO Ryan Bengtson to learn more about the company.

SimpliFed: $4 Million Raised For Building Maternal Care At Home Platform

By Amit Chowdhry ● Feb 19, 2025

Virtual maternal healthcare SimpliFed announced that it has raised a new $4 million in funding. This funding was led by Morningside and included new investors The Artemis Fund, Cultivation Capital, and American Heart Association Social Impact Funds, along with existing investors The Venture Collective, Empire State Development, Waterline Ventures, and previous Angels.

Saronic: $600 Million (Series C) Raised At $4 Billion For Autonomous Surface Vessels

By Amit Chowdhry ● Feb 19, 2025

Saronic Technologies announced it has closed $600 million of funding for its Series C round to advance its goal of redefining maritime superiority for the US and its allies. The funding round was led by Elad Gil and it values the company at $4 billion.

Valid: $5.5 Million Secured To Build AI-Enabled Ad Agency

By Amit Chowdhry ● Feb 19, 2025

Valid, an AI-enabled ad agency transforming digital advertising, announced $5.5 million in seed funding led by Canaan Partners. Neo, J Ventures. And strategic investors, including Reddit CEO Steve Huffman and search ads pioneer Scott Banister also participated in the round. This latest funding round brings Valid's total raised to $7.3 million and fuels its mission to make sophisticated advertising strategies accessible to all sizes of businesses.

Everstar: $4 Million (Pre-Seed) Raised To Transform Nuclear Compliance With AI

By Amit Chowdhry ● Feb 19, 2025

Everstar, an innovator in AI-based compliance solutions for nuclear energy and industrial operations, announced the close of its $4 million pre-seed funding round. The funding round was led by Third Prime VC, with participation from Pelican Energy Partners and EXCEL Services, Virta Ventures, Generational Partners, Page One Ventures, and a distinguished group of angel investors with expertise spanning AI, energy, aerospace, and defense.

Quadshift: $23 Million Growth Equity Raised To Advance Acquisitions Of Leading Software Companies

By Amit Chowdhry ● Feb 19, 2025

Quadshift, a leading acquirer of vertically focused B2B software, announced it has secured up to $23 million in growth equity funding to accelerate its acquisition of leading software businesses. And the all-equity and all-primary round was led by BDC Growth Equity Partners with participation from Celtic House Venture Partners ("Celtic House") and other minority investors.

Pathify: $25 Million Growth Equity Funding Raised

By Amit Chowdhry ● Feb 19, 2025

Pathify, a leading digital engagement platform for higher education, announced it raised $25 million in a minority investment from Five Elms Capital.

Germitec: $30 Million Raised For Advancing UV-C Disinfection Solutions

By Amit Chowdhry ● Feb 19, 2025

Germitec, a leading medical technology company specializing in UV-C High-Level Disinfection solutions, announced the closing of a $30 million financing round. This funding will enable the company to accelerate its development in the U.S. market and continue pioneering advancements in UV-C infection prevention technologies.

Suger: $15 Million (Series A) Raised For Helping Companies Transact On Cloud Marketplaces

By Amit Chowdhry ● Feb 19, 2025

Suger.io, an API-first platform helping high-growth software companies transact on cloud marketplaces, announced the completion of its $15 million Series A funding round, which was led by Threshold Ventures and participated in by existing investors Craft Ventures, Intel Capital, and Y Combinator.

Tishman Speyer: $2.85 Billion Refinancing Completed For The Spiral

By Amit Chowdhry ● Feb 19, 2025

Tishman Speyer announced the firm has refinanced The Spiral, its celebrated new Manhattan office tower, with a $2.85 billion CMBS loan. The Spiral is 94% leased two years after its opening. And the five-year and fixed-rate loan is led by JPMorgan Chase with Bank of America, Goldman Sachs, and Wells Fargo serving as co-lenders.

Beamable: $13.5 Million (Series A) Raised For Funding Decentralized Gaming Infrastructure

By Amit Chowdhry ● Feb 19, 2025

Beamable, a leading developer behind decentralized gaming infrastructure, announced the completion of a $13.5 million Series A funding round led by BITKRAFT Ventures. This funding will support the development and scaling of the Beamable Network, a Decentralized Physical Infrastructure Network (DePIN) poised to redefine how backend infrastructure for games is built and operated. BITKRAFT Ventures was joined in the financing by Arca, Advancit Capital, 2Punks, P2 Ventures, Solana Foundation, Scytale Digital, defy.vc, GrandBanks Capital and Permit Ventures.

DefectDojo: Interview With Founder & CEO Greg Anderson About The DevSecOps And Vulnerability Management Company

By Amit Chowdhry ● Feb 19, 2025

DefectDojo is a DevSecOps and vulnerability management tool. DefectDojo allows you to manage your application security program, maintain product and application information, triage vulnerabilities, and push findings into third-party issue trackers. Consolidate your findings into one source of truth with DefectDojo. Pulse 2.0 interviewed DefectDojo founder and CEO Greg Anderson to learn more about the company.

TRC Companies: $2 Billion In Funding Secured For Clients Surpassed

By Amit Chowdhry ● Feb 19, 2025

TRC Companies (TRC), a professional services firm providing integrated strategy, consulting, engineering, and applied technologies to support the energy transition, announced that it has surpassed $2 billion in funding secured for clients deploying clean commercial transportation and renewable energy projects across North America.

Amplify: Headcount Doubled And $18 Billion AUM Surpassed

By Amit Chowdhry ● Feb 19, 2025

Amplify Platform, an all-in-one wealth management platform for financial services, announced record growth. Over the past year, it doubled its total employee headcount and added new wealth management clients, pushing its total assets under management (AUM) past $18 billion.

Desteia: $8 Million (Seed) Raised Supply Chain Visibility Platform

By Amit Chowdhry ● Feb 19, 2025

Desteia, a New York-based company with operations in the US and Mexico, utilizes technology to support leaders and operators, giving them the tools to make optimal decisions for their supply chain in a context of continuous disruptions. And the company has secured $8 million in a seed funding round led by Autotech Ventures, Nazca, and Village Global, positioning the company to revolutionize logistics operations with new artificial intelligence tools and graph theory. The funding round, which brings Desteia’s total funding to $11.5 million, included participation from Foundamental, Bridge Latam, and Nido Ventures.

Mira Network: $10 Million Grant Program Launched For AI Innovation

By Amit Chowdhry ● Feb 19, 2025

Mira Network, a provider of decentralized AI infrastructure for trustless verified intelligence, announced it has launched Magnum Opus, a $10 million builder grant program.

Era: $6.2 Million (Seed) Raised For AI-Based Financial Intelligence Platform

By Amit Chowdhry ● Feb 19, 2025

Era, an AI-based financial intelligence platform reimagining personal wealth management, announced $6.2 million in seed funding co-led by MaC Venture Capital, Third Kind Venture Capital, and Protagonist.

Rho Labs: $4 Million (Seed) Raised For Cryptonative Rate Exchange

By Amit Chowdhry ● Feb 19, 2025

Rho Labs, a developer of Rho Protocol (the world’s first cryptonative rates exchange), announced that it has secured $4 million in seed funding to further expand the capabilities of its platform. With a total value of open contracts surpassing $500 trillion, rates are the largest single asset class in global financial markets. The funding was led by CoinFund, one of the earliest and most experienced cryptonative investment firms, with participation from Auros, Flow Traders, and other existing investors including Speedinvest.

Blank Rome Brings In Trio Of Regulatory & Litigation Partners

By Amit Chowdhry ● Feb 19, 2025

Blank Rome has welcomed Rachael G. Pontikes, Emily L. Hussey, and Shannon E. McClure as partners in the firm’s Life Sciences industry team and Business Litigation group. Rachael and Emily joined the firm’s Chicago office, and McClure joined the Philadelphia office. Before joining Blank Rome, the attorneys practiced at Reed Smith.

Zest Health: Virtual Care Company Raises $13 Million (Seed)

By Amit Chowdhry ● Feb 19, 2025

Zest Health, which is the first value-based virtual care company focused on treating patients with inflammatory skin diseases, announced $13 million in seed funding. And Zest Health’s platform offers personalized dermatology care that minimizes unnecessary pharmaceutical utilization while producing sustainable clinical outcomes.

Invalda Raises Largest PE Fund In The Baltics At €305 Million

By Amit Chowdhry ● Feb 19, 2025

Invalda INVL Group announced that it completed the first closing of its second-generation private equity fund (INVL Private Equity Fund II), reaching €305 million and exceeding its target of €250 million.

Wayo: Interview With Co-Founders Julia Xu And Mandy Chow About The Product Sourcing Company

By Amit Chowdhry ● Feb 19, 2025

Wayo is revolutionizing global supply chains with AI technology, making it easy to source custom products from the world’s top manufacturers. Pulse 2.0 interviewed Wayo co-founder and CEO Julia Xu and co-founder and COO Mandy Chow to learn more about the company.

QuSecure: $28 Million (Series A) Raised For Post-Quantum Cryptography Platform

By Amit Chowdhry ● Feb 19, 2025

QuSecure, a leader in post-quantum cryptography (PQC) and next-generation cryptographic agility, announced the closing of additional funding, bringing the Series A round to $28 million. The funding will be used to advance QuSecure's delivery of crypto-agile and quantum-resistant cybersecurity enterprise software solutions. Two Bear Capital led the funding round, with participation from Accenture Ventures.