Archives

SafeBase: Interview With CEO & Co-Founder Al Yang About The Scalable Trust Center Company

By Amit Chowdhry ● Dec 6, 2024

SafeBase is a company that empowers organizations to develop a customer-facing scalable Trust Center that automates the security review process between buyers and sellers. Pulse 2.0 interviewed SafeBase co-founder and CEO Al Yang to learn more about the company.

UbiRider: Interview With CEO Paulo dos Santos About The Transportation Operations Management Company

By Amit Chowdhry ● Dec 6, 2024

UbiRider is a company that was founded with the mission to transform the utilization and management of transportation operations to be simple, elegant, and more accessible. Pulse 2.0 interviewed UbiRider CEO Paulo dos Santos to learn more about the company.

Virax Biolabs: Interview With COO Nigel McCracken About The Diagnostics And Detection Company

By Amit Chowdhry ● Dec 6, 2024

Virax Biolabs is diagnostics and detection company developing T-Cell immunology technology platform to provide early diagnosis and detection for post acute infection syndromes such as Long COVID and indications associated with chronic inflammation and T cell exhaustion. Pulse 2.0 interviewed Virax Biolabs COO Nigel McCracken to learn more about the company.

David Young: Interview With Mayor Of Orem, Utah And CEO Of Paragon Wealth Management

By Amit Chowdhry ● Dec 6, 2024

David Young is currently the Mayor of Orem, Utah and he also works as the CEO of Paragon Wealth Management. Young has been successfully leveraging his business and management skills to revolutionize the way the city operates. Young also wrote a new book called “Hunting for True Wealth,” which combines stories of adventure and thrill-seeking—from Alaska to Africa—with the fundamentals of financial investing and entrepreneurship. Pulse 2.0 interviewed David Young to learn more about his experiences.

Cleerly: Advanced Cardiovascular Imaging Company Raises $106 Million (Series C Extension)

By Amit Chowdhry ● Dec 6, 2024

Cleerly - a leader in advanced cardiovascular imaging - announced the closing of its Series C extension funding round, raising a total of $106 million. This funding round was led by global software investor Insight Partners and joined by Battery Ventures with participation from pre-existing investors.

ModifyHealth: Food-As-Medicine Platform Company Secures $13.5 Million (Series C)

By Amit Chowdhry ● Dec 6, 2024

ModifyHealth, a nationwide food-as-medicine platform and provider of medically tailored meals and nutritional counseling, announced the closing of a $13.5 million Series C funding round led by the Dohmen Company Foundation (DCF) through its Dohmen Impact Investment Fund.

NTx: $15 Million (Venture Debt) Raised From JPMorgan

By Amit Chowdhry ● Dec 6, 2024

Nature’s Toolbox (NTx), a life science company developing domestically-sourced biomanufacturing solutions for delivering personalized therapeutics and biologics, announced it secured $15 million in venture debt from J.P. Morgan. The funding will fuel the deployment of NTx systems across major pharmaceutical, governmental, and clinical organizations.

Veeam: Data Resilience Leader Company Hits $15 Billion Valuation

By Amit Chowdhry ● Dec 6, 2024

Veeam Software, a global leader in Data Resilience by market share, announced an expansion of its shareholder base in a $2 billion secondary offering, valuing the company at $15 billion. This deal was led by TPG with participation from Temasek, Neuberger Berman Capital Solutions, and other key investors, reinforcing Veeam’s position as a global leader in the rapidly growing data resilience market.

Rosy Soil: $3.6 Million (Seed) Raised For Creating Gardening Soil From Captured Carbon Dioxide

By Amit Chowdhry ● Dec 6, 2024

Rosy Soil, a sustainable soil company built to offset the negative environmental impact of producing traditional peat-based potting mixes, announces closing a $3.6 million seed round. This funding will advance the company's mission to transform the horticulture industry by creating high-performance soils that capture carbon dioxide.

Syte: Majority Stake Investment From Pereg Ventures

By Amit Chowdhry ● Dec 6, 2024

Syte, an AI-powered product recommendation engine built from the ground up for apparel e-commerce, announced that New York-based Pereg Ventures has acquired a controlling stake in the company. This strategic deal, led by Pereg and including Magma VC, MizMaa, and Stardom Ventures, marks the start of a transformative new chapter for Syte, now under the leadership of Ziv Ben-Barouch, Co-Founder of Pereg Ventures and Syte's newly appointed CEO.

Why Experian Is Buying Audigent

By Amit Chowdhry ● Dec 6, 2024

Global data and technology company Experian announced it has acquired Audigent, a leading data activation and identity platform in the advertising industry. This deal further expands Experian’s deeply integrated marketing data and identity capabilities in the advertising ecosystem.

HappyRobot: AI-Based Voice Solutions Company Raises $15.6 Million (Series A)

By Amit Chowdhry ● Dec 6, 2024

HappyRobot, a pioneer in AI-based voice solutions for the logistics sector, announced it has secured $15.6 million in Series A funding. The funding round was led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic industry investors, including RyderVentures.

Why Aya Is Acquiring Cross Country Healthcare For About $615 Million In Cash

By Amit Chowdhry ● Dec 6, 2024

Aya Healthcare and Cross Country Healthcare announced that they have entered into a definitive agreement whereby Aya will acquire Cross Country for $18.61 per share in cash in a transaction valued at about $615 million. The all-cash transaction represents a premium of 67% to Cross Country’s closing price on December 3, 2024, and a premium of 68% to the volume-weighted average trading price for the 30-day trading period ended December 3, 2024.

Sola: Insurtech Company Raises $3.7 Million (Seed)

By Amit Chowdhry ● Dec 6, 2024

Insurtech company Sola announced the closing of its seed round. Led by FINTOP Capital, with participation from Overline, 10vc, Karuna VC, and prominent insurance executives—bringing total funding to $3.7 million. The funding supports Sola's mission to provide homeowners and businesses with reliable and affordable natural disaster insurance.

Scalestack: Orchestration And Agentic Platform Secures $3 Million

By Amit Chowdhry ● Dec 6, 2024

Scalestack, a go-to-market (GTM) orchestration and agentic platform that enables enterprise teams to scale faster, announced it raised $3 million in funding from investors including Criteria Venture Tech, Sentiero VC, Exor Ventures, Geek Ventures, and more. This funding will accelerate Scalestack's mission to help companies like Harness, Redis, and MongoDB revolutionize their GTM Ops at scale.

Across AI: Agentic AI Company Secures Seed Funding

By Amit Chowdhry ● Dec 6, 2024

Across AI, a new company pioneering Agentic AI for enterprise workflows, announced it has raised an oversubscribed seed round to bring to market the industry's first enterprise sales AI supported by next-generation agentic memory. The funding was co-led by Village Global (a venture firm backed by some of the most successful entrepreneurs, including Mark Zuckerberg and Eric Schmidt, and chaired by Reid Hoffman) and also co-led by early Dropbox investor Bobby Yazdani at Cota Capital.

Illumion: £2.1 Million (Seed) Raised For Developing Advance Battery Technology

By Amit Chowdhry ● Dec 5, 2024

Illumion - a University of Cambridge battery development technology spin-out company - announced it closed £2.1 million in seed funding led by Foresight Ventures, with additional participation from Cambridge Enterprise Ventures, Parkwalk Advisers and Cambridge Angels.

Saltbox Mgmt: Salesforce-Based B2B And D2C Digital Commerce Management Company Raises Funding

By Amit Chowdhry ● Dec 5, 2024

Saltbox Mgmt, a leader in Salesforce-based B2B and D2C digital commerce and order management, announced the closing of its latest funding round. The funding round - which was led by Salesforce Ventures with follow-on investment from Traction Capital - marks a major moment for Saltbox Mgmt, positioning the company to accelerate growth and deepen its impact across the Salesforce ecosystem.

Fiamma: Bitcoin And ZK Infrastructure Company Raises $4 Million (Seed)

By Amit Chowdhry ● Dec 5, 2024

Fiamma - a Bitcoin and ZK infrastructure company transforming Bitcoin into a dynamic and programmable asset - announced an oversubscribed $4M seed round investment led by Lightspeed Faction and L2IV. And additional participating investors include Astera Ventures, Contribution Capital, Sat Ventures, Chapter One, and FoundersHead.

Interlace: Card Issuance Company Raises $10 Million (Series B1)

By Amit Chowdhry ● Dec 5, 2024

Interlace - a global card issuance and digital asset management platform based in Singapore - announced that it has raised $10 million in its Series B1 funding round. The funding round was led by Bitrock Capital, with participation from prominent individual investors in the fintech industry, including early employees and senior managers from leading companies such as Klarna and Robinhood.

Rarimo: Zero-Knowledge Identity Protocol Raises $2.5 Million

By Amit Chowdhry ● Dec 5, 2024

Rarimo, a zero-knowledge (ZK) identity protocol, announced the closing of a $2.5 million fundraising round spearheaded by Ethereum's Vitalik Buterin. Other investors included Celestia's Nick White and Aztec's Zac Williamson.

D-Fend Solutions: Counter-Drone Takeover Technology Company Raises $31 Million

By Amit Chowdhry ● Dec 5, 2024

D-Fend Solutions - a leader in field-proven radio frequency (RF) cyber-based, non-kinetic, non-jamming, counter-drone takeover technology - announced that it raised $31 million in the initial closing of a new investment round. The funding round was led by Israel Growth Partners (IGP), with participation from existing investor Vertex Ventures and new investor Vertex Growth.

Axiado: Hardware-Anchored Platform Security Solutions Company Raises $60 Million (Series C)

By Amit Chowdhry ● Dec 5, 2024

Axiado, a hardware-anchored platform security laeder, announced it raised $60 million in an oversubscribed Series C funding round, led by Maverick Silicon and with participation from Samsung Catalyst Fund, Atreides Management, and Crosslink Capital. This funding will drive the company's rapid growth and continued innovation in AI-driven cybersecurity technologies redefining platform security and energy efficiency for accelerated computing in AI data centers.

Frontline Healthcare Partners: Inaugural Fund Closed At $125 Million

By Amit Chowdhry ● Dec 5, 2024

Frontline Healthcare Partners - a private equity firm based in Charleston - announced the final closing of its inaugural fund, Frontline Healthcare Partners, L.P. at $125 million. This fund was created to pursue control investments in micro-cap distributed healthcare businesses, with the strategic goal of partnering with entrepreneurs to build market-leading healthcare companies.

NBA Champion Giannis Antetokounmpo Reveals Build Your Legacy VC Firm

By Amit Chowdhry ● Dec 5, 2024

NBA Champion Giannis Antetokounmpo recently announced the launch of Build Your Legacy (BYL) Ventures. This firm focuses on investments in sports and entertainment, driven by the Antetokounmpo family's dedication to driving innovation and entrepreneurship. BYL Ventures is positioned to utilize the Antetokounmpo family's expanding business empire and capital to maximize impact within sports, entertainment and media, intellectual property, consumer products, and technology.

Cake: Open-Source AI Infrastructure Platform Company Raises $13 Million (Seed)

By Amit Chowdhry ● Dec 5, 2024

Cake, a managed open-source AI infrastructure platform, announced it has raised $13 million to bring AI to the mid-market. And the recent seed round was led by Gradient (Google’s early-stage AI fund) with prior pre-seed funding and participation from Primary Venture Partners. Gradient and Primary were joined in the round by Alumni Ventures, Friends & Family Capital, Correlation Ventures, Firestreak Ventures, and many industry-veteran individual investors.

Public: Investing Platform Company Raises $135 Million (Series D-2)

By Amit Chowdhry ● Dec 5, 2024

This year, Public had celebrated its five-year anniversary and it has been nearly four since the Series D. And the company also announced new financing totaling $135 million, including $105 million in equity financing and $30 million in debt.

Eagle Electronics: Electronics And Cellular Module Production Company Raises $14 Million

By Amit Chowdhry ● Dec 5, 2024

Eagle Electronics - a new leader in high-tech electronics and cellular module production - announced it has raised $14 million, led by the O.H.I.O. Fund with participation from Asymmetric Capital Partners, to establish manufacturing technology and operations in Solon, Ohio, in partnership with CO-AX Technology. This initiative marks a significant milestone in the company's commitment to onshoring the advanced high-tech supply chain to the US.

OpenYield: New Funding Raised For Advancing Bond Market

By Amit Chowdhry ● Dec 5, 2024

OpenYield—an operator of the FINRA and SEC-registered OpenYield ATS—announced that it has closed a new funding round to continue its mission to modernize the bond market. This most recent funding round was led by Canapi Ventures, with additional support from Clocktower Ventures and Flow Traders. It supplements earlier fundraising efforts from Fin Capital and TD Bank, bringing OpenYield's total funding to date to $7 million.

Simpson Thacher To Open Luxembourg Office With Funds Partners

By Amit Chowdhry ● Dec 5, 2024

Simpson Thacher & Bartlett announced it is planning to open a Luxembourg office, as well as the hiring of prominent funds partners Jean-Christian Six, Paul Van den Abeele and Yannick Arbaut. And all three will be based in Luxembourg.