Archives

BILT: $21 Million (Series B) Raised For Scaling 3D Instructions Platform

By Amit Chowdhry ● Dec 17, 2024

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

Raymond James Brings In $5 Billion Utah-Based Advisor Duo Team

By Amit Chowdhry ● Dec 17, 2024

Raymond James announced it has welcomed financial advisors Scott Burnett and Peter Kelson to Raymond James Advisor Select within Raymond James & Associates (RJA) – which is the firm's employee advisor channel – in Cottonwood Heights, Utah. This was revealed by John Simmons, West Coast regional director for RJA.

Cornell Capital Names Jennifer Cattier As New Partner

By Amit Chowdhry ● Dec 17, 2024

Cornell Capital - a U.S.-based private investment firm with approximately $5.3 billion of AUM and offices in New York and Hong Kong - announced the promotion of Jennifer Cattier to Partner. And based in the New York office, Cattier will continue to focus on advancing Cornell Capital’s strategic priorities, overseeing firm operations and personnel, and spearheading transformative infrastructure initiatives.

Prima: $42.5 Million Raised For Creating A Reliable Procurement Experience For Companies

By Amit Chowdhry ● Dec 16, 2024

Prima - a technology-first manufacturing and supply chain integrator creating a more reliable procurement experience for companies - announced that it has raised $23 million in funding, bringing the total funding in previously undisclosed rounds to $42.5 million. Prima's investors include Acrew, Quona Capital, Nazca, Greenoaks, Canary, NXTP, Picus Capital, Endeavor, Fluent Ventures, K50 Ventures, Marathon Ventures, Box Group, and WTI, and 110+ angel investors from the industrial ecosystem.

Nscale: AI Hyperscaler Company Raises $155 Million (Series A)

By Amit Chowdhry ● Dec 16, 2024

Nscale, a hyperscaler engineered for AI, announced that it had raised $155 million in Series A funding to accelerate expansion across Europe and North America. Advised by Barkers Point Capital Partners and led by Sandton Capital Partners, with participation from Kestrel 0x1, Blue Sky Capital Managers, and Florence Capital, this funding round signals confidence in Nscale’s path to building the hyperscaler, purposely engineered for AI.

Crusoe: AI-Infrastructure Provider Raises $600 Million (Series D) At $2.8 Billion

By Amit Chowdhry ● Dec 16, 2024

Crusoe, the industry’s first vertically integrated AI infrastructure provider, announced it has closed a $600 million Series D funding round. The investment was led by Founders Fund, with participation from new and existing investors, including Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners. Crusoe has established itself as a leader in the AI industrial revolution through its innovative approach.

Scale Microgrids: $150 Million In Tax Equity Financing From Truist Bank

By Amit Chowdhry ● Dec 16, 2024

Scale Microgrids announced it closed a major tax equity transaction with Truist Bank to support the construction of new distributed energy assets across the U.S. Under this partnership, Truist will provide a tax equity investment of up to $150 million.

Nectir: $6.3 Million (Seed) Raised For Giving Students A Personalized AI Learning Partner

By Amit Chowdhry ● Dec 16, 2024

Nectir, a company giving every student a personalized AI learning partner, announced a $6.3 million seed round led by Long Journey Ventures and Entrada Ventures, Precursor Ventures, and Behind Genius Ventures.

SkySQL: Serverless Cloud DBaaS Platform Company Raises $6.6 Million

By Amit Chowdhry ● Dec 16, 2024

SkySQL announced it had raised $6.6 million in new funding to redefine cloud database management with groundbreaking AI and serverless capabilities, backed by Eniac Ventures, Good Capital, and WTI.

1m: Data And Analytics Company Raises $10 Million (Series A)

By Amit Chowdhry ● Dec 16, 2024

1m - a data and analytics technology company serving the risk management needs of large healthcare organizations - announced that it has raised $10 million in Series A financing. The funding round comprises $7.3 million in venture funding and $2.7 million in converted securities.

Twelve Labs: Video Understanding Company Raises $30 Million

By Amit Chowdhry ● Dec 16, 2024

Video understanding company Twelve Labs announced that three of the world's leading infrastructure providers, Databricks, SK Telecom, Snowflake Ventures, HubSpot Ventures, and In-Q-Tel (IQT), have each made a significant strategic investment in the company. The $30 million in funding validates the value Twelve Labs delivers to end customers, particularly in the media and entertainment space.

Tuva Health: $5 Million (Seed) Secured For Building Open-Source Healthcare Data Transformation Platform

By Amit Chowdhry ● Dec 16, 2024

Tuva Health, an open-source healthcare data transformation platform, announced it launched out of stealth with $5 million in seed funding. The funding round was led by Virtue, with participation from Box Group and Y Combinator, and several health tech angel investors. In an expanding market like healthcare, the potential for growth is unparalleled.

CoachCare: Remote Patient Monitoring And Virtual Care Company Secures $11 Million

By Amit Chowdhry ● Dec 16, 2024

CoachCare - a leader in remote patient monitoring (RPM) and virtual care management - announced an $11 million investment from growth equity firm Catalyst Investors. This latest funding round follows a $48 million funding in June led by Integrity Growth Partners and Topmark Partners, bringing CoachCare’s total equity funding for 2024 to $59 million. And the company has secured a credit facility with Everberg Capital, providing up to $52 million in debt financing.

BECIS: Energy-As-A-Service Company Raises $53 Million

By Amit Chowdhry ● Dec 16, 2024

BE C&I Solutions (BECIS) announced it raised $53 million in new equity financing from existing shareholders, namely FMO, KLP Norfund Investments, Pula Investments (represented by Berkeley Energy), and Siemens Financial Services.

Players Health: Athlete Safety Company Secures $60 Million (Series C)

By Amit Chowdhry ● Dec 16, 2024

Players Health, a leading provider of athlete safety and sports insurance solutions, announced the closing of its $60 million Series C funding round. The funding round was led by Bluestone Equity Partners, the institutionally-backed global private equity firm focused on the Sports, Media & Entertainment industry. And this funding brings Players Health’s total to over $100 million and signals a bold new chapter in the company’s mission to redefine athlete safety across amateur and professional sports.

Tyme Group Raises $150 Million From Nubank

By Amit Chowdhry ● Dec 16, 2024

Nubank - one of the world's largest digital financial services platforms - announced an investment of $150 million in Tyme Group as the lead of their series D funding round. The total funding amounted to $250 million, with M&G Catalyst Fund subscribing for $50 million and existing shareholders with a further $50 million.

Apptio: An Interview With GM Of IT Automation Ajay Patel

By Amit Chowdhry ● Dec 16, 2024

Saifr: Interview With Co-Founder & CEO Vall Herard About The Regulatory Technology Company

By Amit Chowdhry ● Dec 16, 2024

Saifr is a regulatory technology company within Fidelity Investment’s innovation incubator that is is committed to safeguarding organizations from pervasive AI and regulatory risks. Pulse 2.0 interviewed Saifr co-founder and CEO Vall Herard to learn more about the company.

Biom Pharma: Interview With President & Chief Science Officer Dr. Bobban Subhadra About The Human Longevity Company

By Amit Chowdhry ● Dec 16, 2024

Biom Pharma is a company that is dedicated to achieving one of the most ambitious goals of 21st century medicine: increasing human longevity with high quality of life. Pulse 2.0 interviewed Biom Pharma President and Chief Science Officer Dr. Bobban Subhadra to learn more about the company.

CIG: Interview With CIO Christopher Kane About The Diversified Holding Company

By Amit Chowdhry ● Dec 16, 2024

Carey International Group (CIG) is a diversified holding company focused on growing North American assets in the energy/renewables, commercial real estate, and financial services sectors. Pulse 2.0 interviewed CIG Chief Investment Officer Christopher Kane to learn more about the company.

Centana Growth Partners: Fund III Closed At $600 Million

By Amit Chowdhry ● Dec 16, 2024

Centana Growth Partners, a specialized growth equity firm investing in the future of finance, announced the closing of its oversubscribed third fund, Centana Growth Partners III, L.P., with $600 million in capital commitments from limited partners.

Cemex Ventures: Interview With Mateo Zimmermann Gonzalez About The Construction-Focused Investment Firm

By Amit Chowdhry ● Dec 16, 2024

CemexVentures is a firm that believes in the power of technology and entrepreneurship to disrupt the construction industry. Pulse 2.0 interviewed CemexVentures investment manager Mateo Zimmermann Gonzalez to learn more about the construction-focused investment firm.

GovSignals: $5.5 Million (Seed) Raised To Automate Process Of Finding Government Funding

By Amit Chowdhry ● Dec 16, 2024

GovSignals announced that it had raised a $5.5 million seed round led by Unusual VC and launched the first AI platform to automate finding and bidding on government contracts.

It’s electric: Interview With Co-Founder & COO Tiya Gordon About The EV Charging Solution Company

By Amit Chowdhry ● Dec 16, 2024

It’s electric is on a mission to bring curbside EV charging to cities across the U.S. and advance the adoption of electric vehicles. Pulse 2.0 interviewed it’s electric co-founder and COO Tiya Gordon to learn more about the company.

LPL Brings In $200 Million Advisor Francisco J. Blanco

By Amit Chowdhry ● Dec 16, 2024

LPL Financial announced that financial advisor Francisco J. Blanco has joined LPL Financial’s broker-dealer, RIA, and custodial platforms. Blanco reported having approximately $200 million in advisory, brokerage, and retirement plan assets and joins from JP Morgan Chase.

Dickinson Wright: Interview With Partner Lee Petro About Communications Law

By Amit Chowdhry ● Dec 16, 2024

Lee Petro is former chair of the Federal Communications Bar Association and a member in the Communications Law Practice at law firm Dickinson Wright. Pulse 2.0 interviewed Petro to learn more about his practice.

Homrich Berg To Buy $6.4 Billion WMS Partners Multi-Family Office And RIA

By Amit Chowdhry ● Dec 16, 2024

HB Wealth Management (HB) - a leading Atlanta-based fee-only wealth advisor with offices across the Southeast - announced it has entered into a definitive agreement to acquire WMS Partners (WMS), a $6.4 billion multi-family office and registered investment adviser (RIA) based in Towson, Maryland - which will become part of HB Family Office. The deal is expected to close in early Q1 of 2025, subject to customary closing conditions.

Beam Ventures To Launch $150 Million Gaming Fund

By Amit Chowdhry ● Dec 16, 2024

The Beam Foundation announced plans to launch Beam Ventures in Abu Dhabi, the first venture fund from ADGM focused exclusively on gaming. This $150 million gaming fund aims to accelerate promising founders and contribute to Abu Dhabi’s transformation into a global gaming hub.

Why Marriott Is Buying The Postcard Cabins Brand

By Amit Chowdhry ● Dec 16, 2024

The Postcard Cabins brand (formerly Getaway), a pioneer in the emerging outdoor accommodations sector, announced its acquisition by Marriott International. This milestone is considered an exciting step for Postcard Cabins as it continues to redefine how people experience the great outdoors, disconnect from daily life, and find meaningful moments in nature.

Solomon Partners: Arik Rashkes Named As A Partner And Group Head

By Amit Chowdhry ● Dec 16, 2024

Solomon Partners - a leading financial advisory firm and independent affiliate of Natixis - announced the appointment of Arik Rashkes as a Partner and Group Head. And Arik will lead and build out a broader coverage effort within the Financial Institutions sector. With the addition of the Financial Institutions Group, Solomon now operates 12 industry groups with over 30 discreet sub-segments.