Archives

Apaleo: Open Property Management Platform Raises €20 Million

By Amit Chowdhry ● Dec 3, 2024

Apaleo, an API-first open property management platform, announced it has raised €20 million in a growth equity investment round led by PSG Equity. And existing investors Redalpine, FOMCAP IV, and Rockaway Ventures also participated in the round.

Merlin Ventures: Interview With Managing Partner Seth Spergel About The Cybersecurity-Focused VC Firm

By Amit Chowdhry ● Dec 3, 2024

Merlin Ventures is the venture capital affiliate of The Merlin Group, a network of companies with over 25 years of success bringing technologies to the U.S. government market. And Merlin Ventures rapidly scales visionary companies and introduces disruptive solutions designed to help enterprises address today's most critical cybersecurity challenges. Pulse 2.0 interviewed Merlin Ventures managing partner Seth Spergel to learn more about the company.

Fello: Peer Support Platform Company Raises $10.4 Million To Date

By Amit Chowdhry ● Dec 3, 2024

Fello is an innovative peer support platform for the loneliness epidemic. It connects anyone seeking connection and guidance to people who can help them because they have gone through the same struggle. The company is led by former Uber Eats executive Alyssa Pollack, who co-founded and co-led Uber Eats on its path from zero to $15 billion in revenue. Fello announced it has raised $10.4 million to date, including a seed investment from Glen Tullman’s 62Ventures, The Fellowship Fund of Capital Factory, Katalyst Capital, and Offline Ventures.

9fin: AI-Based Analytics Platform For Debt Capital Markets Raises $50 Million (Series B)

By Amit Chowdhry ● Dec 3, 2024

9fin, an AI-based analytics platform for debt capital markets, announced it had raised $50 million in a Series B funding round led by Highland Europe. Existing investors Spark Capital, Redalpine, Seedcamp, 500 Startups, and Ilavska Vuillermoz Capital participated.

Infleqtion: $11 Million DoD APFIT Award Received

By Amit Chowdhry ● Dec 3, 2024

Infleqtion, the leading quantum information company, announced receiving $11 million in funding from the U.S. Department of Defense (DoD) as part of the latest tranche of awards under the Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) program. This funding supports Infleqtion’s work on the Rack Mounted Optical Clocks project, with Tiqker at the forefront.

Leonid Capital Partners Passes $265 Million In AUM

By Amit Chowdhry ● Dec 3, 2024

Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the national security industry, announced it has surpassed its 2024 fundraising goals, with its evergreen fund now topping over $265 million in assets under management (AUM). And the firm is experiencing accelerating growth and has advanced over $125 million to borrowers this year.

Nebius: $700 Million In Strategic Equity Financing Raised

By Amit Chowdhry ● Dec 3, 2024

Nebius Group - a leading AI infrastructure company - announced that it has entered into definitive agreements for a $700 million private placement financing from a select group of institutional and accredited investors, including participation from Accel, NVIDIA, and certain accounts managed by Orbis Investments.

NaviMed Capital: Fund III Closed At $450 Million

By Amit Chowdhry ● Dec 3, 2024

NaviMed Capital, a Washington, DC-based private equity firm focused exclusively on the healthcare industry, announced the closing of its third fund NaviMed Partners III. This substantially oversubscribed new fund closed at its hard cap of $450 million of commitments. NaviMed now manages over $850 million of capital commitments with the new funding round.

Vooma: AI-Based Freight Broker And Carrier Company Raises Over $16 Million

By Amit Chowdhry ● Dec 3, 2024

Vooma, an AI-based platform designed for freight brokers and carriers of all sizes, announced it secured $13 million in Series A funding led by Craft Ventures. The additional investors in Vooma’s Series A include Definition Capital, HOF Capital, Soma Capital, Operator Stack Fund, and Index Ventures.

Teachy: Personalized Learning Company Raises $7 Million (Series A)

By Amit Chowdhry ● Dec 3, 2024

Teachy announced that it has raised $7 million in a Series A funding round, one of the first AI-focused investments in LATAM, Asia, and Africa.

Neos Partners: $1.37 Billion Fund II Closed For Investing In The Energy Transition

By Amit Chowdhry ● Dec 3, 2024

Neos Partners - an investment firm focused on second-order investing in the energy transition and critical infrastructure sectors - announced the closing of Neos Partners II with $1.37 billion of commitments. And Neos also closed a $350 million committed co-investment vehicle alongside Fund II.

Jimini Health: $8 Million Secured For Transforming Mental Health Therapy

By Amit Chowdhry ● Dec 3, 2024

Jimini Health - a digital health company setting a new standard in mental healthcare with its clinician-led therapy model augmented by responsible AI - announced its launch with $8 million in pre-seed funding, including from Zetta Venture Partners, LionBird, PsyMed, BoxGroup, Arkitekt Ventures, SCB, and others.

OSSIO: Medical Device Company Closes $27.6 Million In Funding

By Amit Chowdhry ● Dec 3, 2024

OSSIO, a rapidly growing medical device company focused on evolving orthopedic surgery with bio-integrative fixation technology, announced it closed on $27.6 million in equity funding to rapidly scale all aspects of its commercial efforts, such as a new product pipeline, sales channel, and medical education, and building out a flagship U.S. manufacturing site and surgeon training center in Florida.

EarthOptics: Soil Digitization Company Raises $24 Million

By Amit Chowdhry ● Dec 3, 2024

EarthOptics, an industry leader in soil digitization and Predictive Agronomy, announced the completion of $24 million in financing. This funding includes new partners Cibus Capital, RuralWorks Partners, and Norinchukin Bank and is led by current investors Conti Ventures and The Production Board. Notable participation comes from Leaps by Bayer, S2G Ventures, Middleland Capital’s VTC Ventures, Cooperative Ventures, iSelect Fund, Serra Ventures, TO VC, Route 66 Ventures, Shell Ventures, Pappas Capital, CNH Ventures, and Rabo Ventures.

Gateway Fiber: Credit Facility Upsized To $250 Million

By Amit Chowdhry ● Dec 3, 2024

Leading fiber internet provider Gateway Fiber announced the closing of an incremental $75 million in debt financing. Proceeds from the capital raise will fund the continued expansion of Gateway’s fiber network through 2025 in three key markets – Missouri, Minnesota, and Massachusetts.

TRACT: $11.2 Million Closed To Enhance Sustainability In Agricultural Supply Chains

By Amit Chowdhry ● Dec 3, 2024

TRACT, a SaaS platform dedicated to enhancing sustainability in agricultural supply chains, announced it has raised $11.2 million in new funding. This funding round includes more investments from the company's existing shareholders Archer Daniels Midland Company (ADM), Cargill, Louis Dreyfus Company (LDC), and Olam, alongside new partners The Working Capital Fund and Rabo Investments (the captive investment arm of Rabobank).

OneChronos Raises $32 Million For Expanding Trading Opportunities

By Amit Chowdhry ● Dec 3, 2024

OneChronos, a technology company utilizing advances in auction theory and computer science to optimize financial markets, announced $32 million in expansion capital as it supports its foothold in core business segments and grows into new markets. Addition led the funding.

Synapticure: Virtual Care Company Raises $25 Million (Series A)

By Amit Chowdhry ● Dec 3, 2024

Synapticure, a leading virtual care company focused on improving access and outcomes for patients and caregivers living with Alzheimer’s and related dementias, Parkinson’s, and other neurodegenerative diseases, announced the closing of its $25 million Series A funding round. Led by B Capital, the funding round included new investors CommonSpirit Health, CVS Health Ventures, RA Capital Management, and Nexus NeuroTech Ventures, and existing investors Google Ventures, Optum Ventures, and Rock Health Capital.

Turion Space Raises Strategic Funding From Veteran Ventures Capital

By Amit Chowdhry ● Dec 2, 2024

Veteran Ventures Capital (VVC), a firm investing in dual-use national security technology businesses led by veteran entrepreneurs and leaders, announced a strategic investment in Turion Space today. And Turion is at the center of solving two of space's most pressing capability gaps: space domain awareness and non-earth imaging, both critical to maintaining space operations and expanding in-space mobility.

Tokamak Energy: $125 Million Closed To Commercialize Transformative Fusion And Magnet Tech

By Amit Chowdhry ● Dec 2, 2024

Tokamak Energy announced it had raised $125 million to accelerate ambitious plans to commercialize fusion energy and grow its transformative high-temperature superconducting (HTS) technology solution, TE Magnetics. The funding round was co-led by East X Ventures and Lingotto Investment Management with participation from new investors including Furukawa Electric Company, British Patient Capital, global maritime company BW Group and Sabanci Climate Ventures.

Prism Worldwide: $40 Million Raised To Advance End-Of-Life Tire Recycling Technology

By Amit Chowdhry ● Dec 2, 2024

Prism Worldwide, a leader in innovative material solutions focused on advancing end-of-life tire recycling technology, announced it has raised $40 million in Series A and Series A1 funds. The funding rounds were co-led by return investors Columbia Pacific Advisors (a Seattle alternative investment firm) and Jim Sinegal (co-founder and former CEO of Costco). The combination of Series A and Series A1 funding round also includes participation from Robert "Spike" Anderson, former CEO of Anderson Daymon Worldwide. Anderson is Chairman of Prism Worldwide's board of directors.

Revv: $20 Million Closed To Transform Auto Repair With AI

By Amit Chowdhry ● Dec 2, 2024

Revv, a company that utilizes AI and machine learning to empower automotive repair shops with SaaS solutions that enhance safety and profitability, announced it has raised over $20 million in funding. The funding round, which was led by Left Lane Capital and continued participation from Soma Capital, 1984, and Agalé Ventures, validates the industry's confidence in Revv's potential to transform auto repair services.

Inhabit: Investment Raised From Blackstone And Greater Sum Ventures

By Amit Chowdhry ● Dec 2, 2024

Inhabit, a leader in property management software solutions, announced a preferred equity investment led by Blackstone Tactical Opportunities with an additional investment from Greater Sum Ventures (GSV). And Blackstone joins GSV and existing institutional investors Goldman Sachs, Insight Partners and PSG as shareholders in Inhabit.

Avolon: Unsecured Revolving Credit Facility Extended And Upsized To $5.8 Billion

By Amit Chowdhry ● Dec 2, 2024

Avolon, a leading global aviation finance company, announced the extension and upsizing of its unsecured revolving credit facility, supported by a syndicate of 25 banks. And the facility’s maturity date has been extended by two and a half years from April 2026 to October 2028, and upsized by $1 billion to $5.8 billion over the course of this year.

Konsileo: Chartered Commercial Broker Company Raises £8 Million

By Amit Chowdhry ● Dec 2, 2024

Chartered commercial broker Konsileo announced it has completed a £8 million fundraising to accelerate its expansion across the UK. And Konsileo specialises in mid-market advised sales for small, medium and mid-corporate businesses from construction and logistics firms, to farms to recycling plants. It has grown to employ 160 people across the UK.

Selector AI: Operational Intelligence AIOps Platform Company Closes $33 Million (Series B)

By Amit Chowdhry ● Dec 2, 2024

Selector, an AIOps solution that gives the world’s largest companies complete visibility and intelligence into their highly complex networks, infrastructure and applications, announced the closing of its $33 million Series B funding round. The funding round was led by Ansa Capital. It was joined by existing investors Two Bear Capital, Atlantic Bridge, and Sinewave Ventures, as well as AT&T Ventures, Bell Ventures, Singtel Innov8, and Hyperlink Ventures. The new funding brings Selector’s total funding to over $66 million.

Zenflow: Medical Device Company Raises $24 Million (Series C)

By Amit Chowdhry ● Dec 2, 2024

Zenflow, a medical device company developing a minimally invasive treatment for urinary obstruction caused by an enlarged prostate or benign prostatic hyperplasia (BPH), announced that it had raised a $24 million Series C financing round. The funding round includes new investor Cook Medical and existing investors Invus Opportunities, F-Prime Capital, Medical Technology Venture Partners, and others.

Tenstorrent: Computing Company Secures Over $693 Million (Series D)

By Amit Chowdhry ● Dec 2, 2024

Tenstorrent announced it has closed over $693 million in its Series D funding round at a pre-money valuation of $2 billion. Samsung Securities and AFW Partners led the funding round. Along with the leads, many notable investors joined the round including XTX Markets, Corner Capital, MESH, Export Development Canada, Healthcare of Ontario Pension Plan, LG Electronics, Hyundai Motor Group, Fidelity Management & Research Company, Baillie Gifford, Bezos Expeditions, and more.

AdvantageClub.ai: Employee Engagement Solutions Company Raises $4 Million

By Amit Chowdhry ● Dec 2, 2024

AdvantageClub.ai, a leader in employee engagement solutions, announced it has raised $4 million in its latest funding round, bringing its total funding to $11 million. The funding round was led by Axilor Ventures, with participation from AFG Ventures, Prasanna Sarkar (ex-CTO of Rippling), Bytez Ventures, and existing investors.

Lumin Digital: Cloud-Native Banking Company Raises $160 Million

By Amit Chowdhry ● Dec 2, 2024

Lumin Digital, a leading cloud-native digital banking provider, announced today that it has raised over $160 million in growth equity financing. The financing was led by Light Street Capital, NewView Capital, and Partners Group, acting on behalf of its clients.