Archives

Lucas Oil: Deidra Colvin Named As Chief Strategy Officer

By Amit Chowdhry ● Oct 2, 2023

Lucas Oil Products recently announced a new addition to the executive leadership team, hiring Deidra Colvin as Chief Strategy Officer (CSO). In this new role, Colvin is going to play a pivotal role in shaping the company’s strategic vision, aligning cross-functional objectives with company goals, and establishing operational infrastructure for successful plan execution.

CoinScan: Crypto Analytics Company Secures $6.3 Million

By Noah Long ● Oct 2, 2023

airSlate Study Unveils SMBs Are Ready To Utilize AI And Automation

By Amit Chowdhry ● Oct 2, 2023

airSlate - a leader in document workflow automation solutions - announced that it had released new research that reveals that small and medium-sized businesses (SMBs) are ready to tap into the power of automation and artificial intelligence (AI) to scale and compete effectively in today's business landscape.

Canid: Vaccine Automation Management Company Closes $1.5 Million

By Noah Long ● Oct 2, 2023

Canid - an end-to-end platform for vaccine automation and management - recently announced that it has closed $1.5 million in new funding to expand its geographic footprint to ten new states across the U.S. and bring new tools to manage vaccine patient populations.

Aviat Networks: Wireless Transport And Access Solutions Company Closes $50 Million In Orders

By Noah Long ● Oct 2, 2023

Aviat Networks - a leading expert in wireless transport and access solutions - recently announced it has received orders totaling over $50 million with two separate U.S. State governments for statewide public safety networks.

Vero Technologies: Wholesale Financing And Loan Servicing Platform Secures $8.5 Million

By Annie Baker ● Oct 2, 2023

Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.

Tankfarm: Propane Distribution Platform Company Secures $23 Million In Funding

By Dan Anderson ● Oct 2, 2023

Tankfarm - a tech-enabled propane distribution platform - recently announced that it has closed on a $23 million Series B funding round led by a handful of prominent family offices and existing investors.

Navenio: University Of Oxford Spin-Off Company Closes $6.3 Million Funding To Transform Healthcare Efficiency

By Amit Chowdhry ● Oct 2, 2023

Navenio - a global location tech scaleup - recently announced that it raised $6.3 million in funding to help transform healthcare efficiency worldwide. This funding round was led by Oxford Science Enterprises and included existing investors, including G.K. Goh Ventures, Big Pi Ventures, George Robinson, and the University of Oxford.

Peregrine Hydrogen: Climate Technology Company Raises $7.8 Million

By Dan Anderson ● Oct 2, 2023

Peregrine Hydrogen - a climate technology company pioneering a dual production method for green hydrogen and valuable chemicals - recently announced an oversubscribed $7.8 million seed funding round. This funding round was led by Bidra with participation from Builders, Gates Frontier, Presidio Ventures, RiSC Capital and Schox. And Peregrine will utilize the funds to refine and scale-up their proprietary technology and expand into commodity chemical markets.

Monark: On-Demand Leadership Development SaaS Platform Company Closes $1.5 Million

By Noah Long ● Oct 2, 2023

Monark - a SaaS platform that offers on-demand leadership development for a new generation - recently announced it has closed a $1.5M seed financing round. This funding round was led by Storytime Capital, with participation from The51, Archangel, and UCeed.

CoachHub: This Rapidly Growing Company Is Creating A Scalable Coaching Program For The Workforce

By Amit Chowdhry ● Oct 2, 2023

Nexusflow: Generative AI-Based Cybersecurity Company Raises $10.6 Million

By Amit Chowdhry ● Oct 1, 2023

Nexusflow - a Generative AI leader targeting the cybersecurity industry - recently announced that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley.

EJF Capital: Over $100 Million Raised For EJF Ventures Fund

By Annie Baker ● Oct 1, 2023

EJF Capital - a global alternative asset management firm - recently announced the successful closing of EJF Ventures Fund LP with about $104 million in capital commitments. This Fund received support from both new and existing EJF investors.

University Of Minnesota Tech Comm Reports New Startups Record For 2023

By Amit Chowdhry ● Sep 30, 2023

The University of Minnesota recently announced that it launched a record-breaking 23 startup companies in fiscal year (FY) 2023, the result of a growing research portfolio, an increasingly entrepreneurial faculty culture and years of program growth and refinement by the teams at U of M Technology Commercialization (Tech Comm) and its Venture Center as they work on bringing U of M innovations to market.

Purdue University Researchers Developing Field Test For Detecting SARS-CoV-2 Virus In Various Host Species

By Amit Chowdhry ● Sep 30, 2023

Purdue University has received $2.7 million in federal funding from the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) for developing a field test that can measure and predict the spread of SARS-CoV-2, the virus that causes COVID-19, in a wide range of wildlife and farm animals.

University Of Michigan Reports Record Invention Number For 2023

By Amit Chowdhry ● Sep 30, 2023

Research driven by the University of Michigan generated a record 580 new inventions last year and launched 25 startup companies, ranging in scope from innovative therapies for the treatment of fibrosis to technologies aiding in substance abuse monitoring. U-M President Santa J. Ono had announced the university’s fiscal year 2023 research commercialization metrics at the annual Celebrate Invention event earlier this month by Innovation Partnerships, a unit based in the Office of the Vice President for Research.

Mapbox: Navigation Platform Company Raises $280 Million

By Noah Long ● Sep 29, 2023

Mapbox - a location platform powering navigation for Toyota, General Motors, and BMW - recently announced the completion of a $280 million Series E funding round led by SoftBank Group and its affiliate to drive investments into AI location services and further broaden its footprint in the automotive industry.

MotherDuck: Serverless Data Analytics Platform Company Raises $52.5 Million At $400 Million Valuation

By Amit Chowdhry ● Sep 29, 2023

MotherDuck - a builder of a serverless, easy-to-use data analytics platform based on the open-source database DuckDB - recently announced a $52.5 million round of funding. These are the details.

Why UPS Is Buying Logistics Provider MNX

By Amit Chowdhry ● Sep 29, 2023

UPS recently announced that it has agreed to acquire MNX Global Logistics (MNX), a global time-critical logistics provider. These are the details.

qbiq: AI-Based Real Estate Space Planning Company Raises $10 Million

By Annie Baker ● Sep 29, 2023

qbiq - a generative AI and visualization platform for real estate space planning - recently announced that it has raised $10 million in seed funding from strategic investors, including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to unlock the potential of any space and accelerate decision making.

Vero Technologies: Wholesale Financing And Loan Servicing Platform Company Secures $8.5 Million

By Annie Baker ● Sep 29, 2023

Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.

Legit Security: Application Security Posture Management Platform Raises $40 Million

By Dan Anderson ● Sep 29, 2023

Legit Security - a cyber security company with an enterprise Application Security Posture Management (ASPM) platform that enables secure application delivery from code to cloud and protects an organization's software supply chain from attack - recently announced that it has successfully closed a $40 million venture capital round investment led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV.

Yotta Energy: Smart Solar Storage Solution Company Closes $8 Million

By Annie Baker ● Sep 29, 2023

Yotta Energy - a leading provider of innovative solar+storage solutions - recently announced it raised an $8 million funding round led by Evergy Ventures and with participation from strategic investors BlueScope and Cricetus Felix Ventures, and existing investors Copec WIND Ventures, EDP Ventures, Doral Tech Ventures, and the SWAN Impact Fund.

Vivante Health: Digital Digestive Platform Company Closes $31 Million In Funding

By Noah Long ● Sep 29, 2023

Vivante Health - a leader in digital digestive health - recently announced the closing of $31 million in Series B funding led by new investor Mercato Partners.

Transfr: Virtual Reality-Based Skills Training Company Raises $40 Million

By Dan Anderson ● Sep 29, 2023

Transfr - an emerging leader in virtual reality-based skills training for middle-skilled careers - recently announced a $40 million investment today.

Afterparty: $5 Million Secured To Help Creators With Fan Connections And Monetization

By Dan Anderson ● Sep 29, 2023

Afterparty - a platform empowering thousands of creators with the tools and technology for personal fan connections and monetization - recently announced that it has secured $5 million in funding.

Why Food-As-Medicine Platform Company Tangelo Is Buying Diet ID

By Annie Baker ● Sep 29, 2023

Tangelo - a "Food-as-Medicine" platform - recently announced the acquisition of Diet ID. Both companies are privately held, and the transaction details were not disclosed.

Kyros: Substance Use Disorder Recovery Services Company Closes $10.5 Million

By Amit Chowdhry ● Sep 29, 2023

Kyros - a Minnesota-based technology platform providing Substance Use Disorder (SUD) recovery services - recently announced that it has raised an additional $10.5 million in funding to expand access to life-saving services. Existing investor Rally Ventures led the round.

Aspinity: Near-Zero Power AI Solutions Company Secures $5 Million

By Annie Baker ● Sep 29, 2023

Aspinity - a leader in near-zero power AI solutions - recently announced that it had closed $5 million in Series B funding from current investors Anzu Partners, Birchmere Ventures, Mountain State Capital and Riverfront Ventures.

Laudio: Empowering Frontline Healthcare Leaders Through Automation In A $100 Billion Market

By Amit Chowdhry ● Sep 29, 2023

Laudio is a company that empowers and connects frontline healthcare leaders to drive outcomes that matter. And with its intelligent leadership solution, Laudio automates repetitive work and serves daily recommendations and best practices that help frontline leaders gain better visibility into their teams, find opportunities for meaningful connections, and discover clearer paths to achieving their goals. Pulse 2.0 interviewed Laudio co-founder and CEO Dr. Russ Richmond to learn more.