Archives

Mantis: $5 Million Raised For Advancing Human-Centric Robots

By Amit Chowdhry ● Dec 27, 2024

Mantis Robotics, a company focused on Physical AI for robotic automation, announced it has secured $5 million in new investments led by Emerald Technology Ventures with participation from the Amazon Industrial Innovation Fund. This funding will enable Mantis Robotics to scale its operations, enhance its product portfolio, and expand its presence in the rapidly growing industrial robotics market.

Proton Intelligence: Continuous Potassium Monitoring Company Raises $6.95 Million (Seed)

By Amit Chowdhry ● Dec 26, 2024

Proton Intelligence, a company developing the first-ever Continuous Potassium Monitoring (CKM) platform, announced the closing of its $6.95 million Seed Financing round joined by SOSV, We Venture Capital, Tenmile, LongeVC, 15th Rock, Exor, and Trampoline Venture Partners.

Walker & Dunlop: $245 Million Financing Secured For Jersey City Development

By Amit Chowdhry ● Dec 26, 2024

Walker & Dunlop announced that it arranged a $245 million loan from TYKO Capital to facilitate the construction of The Greyson, which is a 28-story, 622-unit Class-A mixed-use tower that will be located in Jersey City, New Jersey.

Third Point Acquires Diversified Alternative Credit Fund Manager AS Birch Grove

By Amit Chowdhry ● Dec 26, 2024

Third Point, an alternative investment manager with $12 billion of assets, announced that it has entered into a definitive agreement to acquire AS Birch Grove LP, a diversified alternative credit fund manager. And upon the completion of the deal, American Securities will no longer be an owner of Birch Grove, which will become a subsidiary of Third Point.

Nodepay: Decentralized AI Platform Company Raises $7 Million

By Amit Chowdhry ● Dec 26, 2024

Nodepay, a decentralized AI platform transforming unused internet bandwidth into real-time data pipelines for AI training, announced it has raised a second round of funding, bringing the total to $7 million.

AusperBio: $73 Million (Series B) Raised To Advance Targeted Oligonucleotide Therapies

By Amit Chowdhry ● Dec 26, 2024

AusperBio, a privately held clinical-stage biotechnology company dedicated to advancing targeted oligonucleotide therapies to achieve a functional cure for chronic hepatitis B (CHB), announced the completion of a $73 million Series B funding.

Prosus To Buy Online Travel Agency Despegar For $1.7 Billion

By Amit Chowdhry ● Dec 26, 2024

Prosus announced that it entered into a definitive agreement to buy Despegar, a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equivalent to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar’s 90-day VWAP (volume weighted average price). The proposed deal was approved by Despegar’s board of directors, who recommended that Despegar shareholders vote in favor of the proposed transaction following the unanimous recommendation by a transaction committee.

Orion To Buy Summit Wealth Systems

By Amit Chowdhry ● Dec 26, 2024

Orion, a provider of transformative wealth-technology solutions for financial advisors and the enterprise firms that serve them, announced a definitive agreement to acquire advisor technology provider Summit Wealth Systems. When the deal closes in early 2025, Summit’s CEO, Reed Colley, will join Orion as President of Orion Advisor Technology, reporting to Orion CEO Natalie Wolfsen.

MetLife Buying PineBridge Investments In $1.2 Billion Deal

By Amit Chowdhry ● Dec 26, 2024

MetLife Investment Management (MIM) - MetLife's institutional asset management business - announced that it has reached a definitive agreement to acquire PineBridge Investments, a global asset manager with about $100 billion in assets under management, from the Pacific Century Group.

Leap: $3.5 Million (Seed) Raised To Transform Financial Service Delivery

By Amit Chowdhry ● Dec 26, 2024

Leap Financial announced a $3.5 million seed raise led by Fuel Venture Capital, with investment from Ascendo Venture Capital.

Governor DeWine: $10 Billion Investment Plan From AWS In Greater Ohio

By Amit Chowdhry ● Dec 26, 2024

Ohio Governor Mike DeWine, Lt. Governor Jon Husted, the Ohio Department of Development, and JobsOhio recently announced that Amazon Web Services (AWS) plans to invest an estimated $10 billion in additional funding to expand its data center infrastructure across greater Ohio. This will create hundreds of well-paying jobs by the end of 2030 and strengthen the state’s role as a central technology hub.

Bluenote: AI-Based Life Sciences Company Raises $10 Million

By Amit Chowdhry ● Dec 26, 2024

Locke Lord Brings In Nicholas Scott As Senior Counsel In Transactional & Regulatory Insurance Practice Group

By Amit Chowdhry ● Dec 26, 2024

Nicholas T. Scott has joined Locke Lord’s New York office in the Firm’s Regulatory and Transactional Insurance Practice Group. Joining Locke Lord from Ambac Financial Group, Scott was critical as General Counsel and Chief Compliance Officer in establishing the legal platform for Ambac’s subsidiary company, Everspan Group.

Brooklyn Artificial Intelligence Research Raises Strategic Funding From Several Investors

By Amit Chowdhry ● Dec 26, 2024

Brooklyn Artificial Intelligence Research announced the closing of a strategic funding round led by Atypical Ventures, with participation from S&P Global Ventures, the CEO of the Hantz Group, and asset and wealth management executives.

Foxit: Interview Executive VP WW Sales Andrew Travis About The AI-Based PDF Editing And eSign Company

By Amit Chowdhry ● Dec 26, 2024

Foxit is a leading provider of innovative PDF and eSignature products and services, helping knowledge workers increase productivity and do more with documents. Pulse 2.0 interviewed Foxit Executive VP WW Sales Andrew Travis to learn more about the company.

GoldenTree Asset Management Closes $500 Million CLO

By Amit Chowdhry ● Dec 26, 2024

GLM III, LP (GLM III) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers GoldenTree), announced the closing of a $500 million collateralized loan obligation (CLO) to be managed by GLM III.

INVI MindHealth: Interview With Founder & CEO Jonathan Wilson About The Personalized Mental Health Support Company

By Amit Chowdhry ● Dec 26, 2024

INVI MindHealth is a company that combines the power of biometrics, deep learning analytics, and human networks to provide personalized mental health support. The company’s unique swim buddy concept connects individuals on a journey to mental wellness, breaking down stigmas and empowering individuals to take control of their well-being. Pulse 2.0 interviewed INVI MindHealth CEO and founder Jonathan Wilson to learn more about the company.

Rocketlane: Interview With Co-Founder & CEO Srikrishnan Ganesan About The Customer Onboarding Company

By Amit Chowdhry ● Dec 26, 2024

Rocketlane is a customer onboarding and PSA platform that accelerates time-to-value and improves project profitability and predictability. And it unifies projects, people, and finances to help you collaborate with customers and deliver projects on time, and on budget. Pulse 2.0 interviewed Rocketlane co-founder and CEO Srikrishnan Ganesan to learn more about the company.

bolttech: Insurtech Company Raises Series C Funding At $2.1 Billion Valuation

By Amit Chowdhry ● Dec 26, 2024

Global insurtech company bolttech announced Dragon Fund, by Liquidity and MUFG, is leading bolttech's Series C funding round along with investors Baillie Gifford, Generali – through Lion River, the Group's company dedicated to Private Equity, and others.

BILT: 3D Intelligent Instruction Company Raises $21 Million

By Amit Chowdhry ● Dec 26, 2024

BILT - a leader in 3D Intelligent Instructions - announced it closed a $21 million funding round led by Austin-based Silverton Partners with Amex Ventures, Fifth Growth Fund, and Silicon Valley Bank participation. This funding will expand operations as demand for 3D interactive and extended reality (XR) immersive instructions increases.

Craigs Investment Partners Signs Strategic Partnership with TA Associates

By Amit Chowdhry ● Dec 25, 2024

Craigs Investment Partners (a leading wealth management firm in New Zealand) announced that private equity firm TA Associates has signed a conditional agreement to make a strategic investment in the firm. Under the terms of the deal, Craigs’ existing employee and director shareholders will retain 50 percent ownership of the Firm, partnering closely with TA.

Crosscut Ventures: Jon Ylvisaker Named As Partner In Energy Innovation Strategy

By Amit Chowdhry ● Dec 25, 2024

Crosscut Ventures announced the appointment of Jon Ylvisaker as Partner. Bringing more than 25 years of investment experience, Jon will join Crosscut to accelerate the firm's growth and advance its commitment to scaling early-stage technology solutions in Crosscut fund six and beyond.

SAIC Awarded Prime Position On $1.8 Billion PRISM Contract

By Amit Chowdhry ● Dec 25, 2024

Science Applications International Corp. (SAIC) was awarded a prime position on the $1.8 billion Personnel and Readiness Infrastructure Support Management (PRISM) Multiple Award Task Order Contract (MATOC) vehicle to support the Department of Defense (DoD) and its need to obtain critical services in a shorter time frame. The contract award is for one base year and four option years.

PDW: Over $15 Million Secured In U.S. Army Contracts For C100 Drones

By Amit Chowdhry ● Dec 25, 2024

Performance Drone Works (PDW) announced it secured over $15.3 million in sales and contracts from the U.S. Army to supply its flagship C100 Group 2 Small Uncrewed Aircraft System (sUAS) to support the Army's 'Transformation in Contact’ initiative.

First Resonance: Digital Manufacturing Solutions Company Raises $12.5 Million

By Amit Chowdhry ● Dec 25, 2024

First Resonance - a leader in digital manufacturing solutions - announced the closing of its latest funding round, led by Third Prime, with support from Craft Ventures, Blue Bear Capital, and E12. This round, which brings the total funding raised to $32 million, marks a significant step in advancing First Resonance's ION Factory OS platform, introducing new levels of efficiency, responsiveness, and sustainability to manufacturing. This funding enables First Resonance to deepen customer support and enhance platform reliability while fueling continued product innovation.

GEMMABio: $34 Million (Seed) Raised For Advancing Gene Therapy Advancements

By Amit Chowdhry ● Dec 25, 2024

GEMMA Biotherapeutics - a new therapeutics company founded by gene therapy pioneer Dr. Jim Wilson - announced the completion of a $34 million seed funding round to accelerate its groundbreaking gene therapy initiatives.

Allo: RWA Tokenization Company Raises $100 Million In Debt Financing

By Amit Chowdhry ● Dec 25, 2024

Allo.xyz, a platform for real-world asset (RWA) tokenization and lending, announced it has secured a $100 million Bitcoin-backed credit facility. This credit facility will further enhance Allo's BTC-backed lending services, catering to institutional and individual participants looking to engage in the growing crypto lending market.

HuLoop: AI-Based Intelligent Automation Company Raises Series A

By Amit Chowdhry ● Dec 25, 2024

HuLoop Automation, a leader in radically fast and affordable AI-based intelligent automation, announced its Series A funding round closing. Even though the specific terms aren't being announced publicly, the round was led by Mighty Capital, with significant participation from Moneta Ventures.

Kurrent: Event-Native Data Platform Company Raises $12 Million

By Amit Chowdhry ● Dec 25, 2024

Kurrent, an event-native data platform innovator, announced $12 million in funding, its rebranding from Event Store, and the official launch of Kurrent Enterprise Edition (now commercially available).

Jome: AI-Based Real Estate Marketplace Company Secures $9.8 Million (Series A)

By Amit Chowdhry ● Dec 25, 2024

Jome, an AI-based real estate marketplace that helps buyers find, compare, and purchase new construction homes, announced a $9.8 million Series A funding round led by Geek Ventures with participating investors U.Ventures, Toloka VC, and Forefront VP. The funding will expand its regional footprint in the U.S. Jome, formerly NewHomesMate, now operates in 16 major U.S. cities, including Austin, Denver, and Miami, listing 90% of available new construction inventory.