Archives

RayThera: $110 Million (Series A) Raised For Developing Small Molecule Therapies In Immunology

By Amit Chowdhry ● Apr 8, 2025

RayThera—a recently founded biotechnology company focused on discovering and developing small-molecule therapies in immunology—announced that it has completed its Series A financing, raising a total of $110 million. The funding round was co-led by Foresite Capital and OrbiMed Advisors, with participation from TTM Capital.

4Moving Biotech: €7.6 Million France 2030 Grant Secured

By Amit Chowdhry ● Apr 8, 2025

4Moving Biotech (4MB), a spin-off of 4P-Pharma that is developing the first potential disease-modifying drug (DMOAD) for knee osteoarthritis, announced that it has been awarded €7.6 million in funding under the France 2030 plan to accelerate the clinical development of its lead candidate, 4P004, currently in a Phase 2a trial.

Qevlar AI: $14 Million Raised For Autonomous AI SOC Analysts

By Amit Chowdhry ● Apr 8, 2025

Qevlar AI, a company behind a new class of autonomous security operations centres (SOCs), announced it has secured an additional $10 million in funding, bringing total investor commitments to $14 million. EQT Ventures and Forgepoint Capital International led the latest funding round. This includes strategic participation from Olivier Pomel (CEO of Datadog), Florian Douetteau (CEO of Dataiku), and Mehdi Ghissassi (former Director of Product at Google DeepMind).

Merida Biosciences: $121 Million Raised For Creating Therapeutics For Multiple Autoimmune And Allergic Diseases

By Amit Chowdhry ● Apr 8, 2025

Merida Biosciences, a biotechnology company advancing a new class of precision therapeutics designed to selectively and durably eliminate the pathogenic antibody drivers of multiple serious autoimmune and allergic diseases, launched today with $121 million in Series A financing. The funding was co-led by Bain Capital Life Sciences, BVF Partners, and Third Rock Ventures, joined by GV and Perceptive Xontogeny Venture Funds (PXV Funds).

Nano Dimension: Ofir Baharav Named As CEO

By Amit Chowdhry ● Apr 8, 2025

Nano Dimension - a digital manufacturing leader - announced the appointment of Ofir Baharav as its new Chief Executive Officer, effective immediately. This strategic move highlights the company's commitment to swiftly realizing merger synergies, restoring profitability, and delivering substantial shareholder value.

MobileX: Interview With Founder & CEO Peter Adderton About The Customizable Mobile Carrier Company

By Amit Chowdhry ● Apr 8, 2025

MobileX is the world's most customizable mobile carrier, providing the ultimate in choice and cost control. And MobileX is a unique service that uses AI to predict how much data customers need, delivering a dramatic reduction in cost while ensuring reliable speed and service. Pulse 2.0 interviewed MobileX founder and CEO Peter Adderton to learn more about the company.

Portnox: $37.5 Million (Series B) Closed To Transform Zero Trust Security

By Amit Chowdhry ● Apr 8, 2025

Portnox, a provider of cloud-native, zero-trust access control solutions, today announced it has closed a $37.5 million Series B funding round, led by Updata Partners. This brings the total investment in the company to $59.5 million.

Sipay: $78 Million (Series B) Raised At $875 Million Valuation For Payment And Embedded Finance Platform

By Amit Chowdhry ● Apr 8, 2025

Sipay, a leading payment and embedded finance platform for businesses and consumers in Turkey, announced a $78 million Series B funding round, hitting a valuation of over $875 million. Elephant VC led the round, which was participated in by Nik Storonsky’s VC firm QuantumLight.

Corsha: $18 Million (Series A-1) Closed For Machine-To-Machine Traffic For Critical Infrastructure

By Amit Chowdhry ● Apr 8, 2025

Corsha, a leader in securing machine-to-machine (M2M) traffic for operational systems and critical infrastructure, announced an $18 million Series A-1 funding round led by SineWave Ventures, with participation from Razor's Edge Ventures and Ten Eleven Ventures.

Plug: $6.7 Million (Seed) Funding Raised For EV-Exclusive Wholesale Auction Platform

By Amit Chowdhry ● Apr 8, 2025

Plug, an EV-exclusive wholesale online auction platform, announced it is expanding its offerings with the launch of Trade Desk. Trade Desk is the first EV-focused service to help dealers confidently price, move, and monetize trade-ins.

Pantheon: $5.2 Billion Raised For Third Senior Credit Secondaries Program

By Amit Chowdhry ● Apr 8, 2025

Pantheon announced today the closing of a record $5.2 billion into Pantheon Senior Debt III (PSD III) and related vehicles, consisting of closed-end co-mingled funds, evergreen and rated insurance vehicles, and separately managed accounts.

ServiceNow Buying Logik.ai To Accelerate CRM Footprint

By Amit Chowdhry ● Apr 8, 2025

ServiceNow announced it signed a definitive agreement to acquire Logik.ai, an industry leader with a modern, AI-based, composable Configure, Price, Quote (CPQ) solution. And Logik.ai’s capabilities for sales and commerce will expand ServiceNow’s growing CRM footprint and empower sales organizations to close deals faster, boost productivity levels, and achieve greater efficiency.

Skylight: $50 Million Secured To Build Products For Improving Family Life

By Amit Chowdhry ● Apr 8, 2025

Skylight, a company building the operating system for families, has secured a $50 million loan through an expanded partnership with SG Credit Partners and new partner Wingspire Capital. The financing will further support Skylight's goal of meeting the surging demand for its innovative technology.

heyLibby: $4.5 Million Secured For Gym-Focused AI Receptionist Technology

By Amit Chowdhry ● Apr 8, 2025

heyLibby, an AI-based team member for fitness, wellness, and recreation businesses, announced it has raised $4.5 million in seed funding led by Aglaé Ventures and Vertical Venture Partners. This funding round will advance the company's expansion and accelerate AI advancements that help fitness and wellness businesses streamline customer communication, reduce churn, and drive revenue.

Hello Soju: $6.8 Million Secured For Korean Beverage Inspired Brand

By Amit Chowdhry ● Apr 8, 2025

Hello Soju, a ready-to-drink sparkling soju brand born at the intersection of Korean and California culture, announced the closing of a $6.8 million funding round. The round was led by a personal investment from Ted Schlein of Kleiner Perkins and Ballistic Ventures and supported by Hello Soju's parent company, THG.

Fracttal: Interview With Co-Founder & CEO Christian Struve About Cloud-Based AI Maintenance Management Software

By Amit Chowdhry ● Apr 8, 2025

Fracttal is a 100% cloud-based platform that integrates asset management software, IoT, and artificial intelligence. Pulse 2.0 interviewed Fracttal co-founder and CEO Christian Struve to learn more about the company.

UNC Unveils AI-Based Accelerator In Collaboration With KPMG

By Amit Chowdhry ● Apr 8, 2025

Launch Chapel Hill recently announced it is joining forces with KPMG, a leader in professional services, to introduce Launch, Powered by KPMG, an AI-enabled accelerator program with Launch Chapel Hill that redefines how startups transition from ideation to commercialization.

Savvy: Over $1.5 Billion In AUM Surpassed And Expands FA Team

By Amit Chowdhry ● Apr 8, 2025

Savvy Advisors, a registered investment advisor (RIA) affiliated with Savvy Wealth, announced the addition of five experienced financial advisors, expanding its team to over 50 financial planners and wealth managers. And advisors who join Savvy gain access to Savvy Wealth’s AI-based technology designed to improve advisor efficiency and output.

Marvell Selling Auto Ethernet Business To Infineon For $2.5 Billion Cash

By Amit Chowdhry ● Apr 7, 2025

Marvell Technology (a leader in data infrastructure semiconductor solutions) announced that it has entered into a definitive agreement under which Infineon Technologies will buy Marvell's Automotive Ethernet business in an all-cash transaction valued at $2.5 billion.

TowneBank And Old Point National Bank Merging In $203 Million Deal

By Amit Chowdhry ● Apr 7, 2025

TowneBank and Old Point Financial—the parent company of The Old Point National Bank of Phoebus (OPNB)—announced an agreement and plan of merger. Under the agreement, TowneBank will acquire Old Point and OPNB. The proposed deal will enhance TowneBank’s position in the Hampton Roads MSA by adding a high-quality core deposit franchise.

Nulogy: Interview With CEO Jason Tham On Supply Chain And Manufacturing Innovation, Collaboration, And The Future

By Amit Chowdhry ● Apr 7, 2025

Nulogy is the market leader in synchronizing the extended supply chain network, having pioneered the new digital era for brands and the contract packaging and manufacturing partners that enable their external supply chain networks. Pulse 2.0 interviewed Nulogy CEO Jason Tham to learn more about the company.

Stramsen Biotech: $25 Million Funding Commitment Raised From GEM Global Yield

By Amit Chowdhry ● Apr 7, 2025

Stramsen Biotech (an emerging leader in plant-based biopharmaceutical industry) announced that it has signed a binding agreement with GEM Global Yield (GGY), part of GEM, a Luxembourg-based private alternative investment group as its Lead Investor, for a $25 million share subscription facility to be funded annually over a 36-month term following a public listing of the Stramsen's common stock.

Kashiv BioSciences: $150 Million Debt Financing Raised From GoldenTree Asset Management

By Amit Chowdhry ● Apr 7, 2025

Kashiv BioSciences, a fully integrated biopharmaceutical company, announced that it has entered a senior secured credit agreement with GoldenTree Asset Management as the sole lender.

Cloudflare Buying Outerbase To Enhance The Developer Database Experience

By Amit Chowdhry ● Apr 7, 2025

Cloudflare announced the acquisition of Outerbase (a developer database company) to dramatically enhance the developer database experience across Cloudflare Workers. With this deal, building database-backed applications will be more approachable, enabling more teams to build and deploy full-stack, AI-enabled applications on Cloudflare’s global network.

Waverly Buying Fiduciary Wealth Advisors

By Amit Chowdhry ● Apr 7, 2025

Waverly Advisors - a federally registered investment adviser (RIA) that specializes in investment management, financial planning, and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans, and institutional clients - announced it has acquired Fiduciary Wealth Advisors (FWA), a wealth management firm located in Sarasota, FL. This partnership expands Waverly’s presence in Southwest Florida.

Contxtful: $1.9 Million Raised For Attention-Based Ad Technology

By Amit Chowdhry ● Apr 7, 2025

Contxtful Technologies, an innovator in attention-based ad technology, announced the closing of a $1.9 million funding round led by NJP Ventures. This funding round enables Contxtful to enhance its technology, scale its operations, and expand its market reach.

IBM Buying Data And AI Consultancy Company Hakkoda

By Amit Chowdhry ● Apr 7, 2025

IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients prepare their data to advance AI-based business operations.

SignalFire: Over $1 Billion Raised To Advance Next Wave of Applied AI Startups

By Amit Chowdhry ● Apr 7, 2025

SignalFire, a leading early-stage venture capital firm focused on applied AI, announced it has raised over $1 billion to fund the next generation of technology startups, bringing its total assets under management (AUM) to about $3 billion.

Rescale: $115 Million (Series D) Raised For Digital Engineering Platform

By Amit Chowdhry ● Apr 7, 2025

Rescale, a digital engineering platform built for the future of innovation and scientific discovery, announced a $115 million Series D with participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator. This brings the total funding raised to $260+ million. Rescale's early investors include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel.

SchoolAI: $25 Million (Series A) Raised For Helping Teachers And Schools With AI Platform

By Amit Chowdhry ● Apr 7, 2025

SchoolAI, an AI platform for teaching and learning, announced it has closed $25 million in Series A funding to address education’s fundamental challenge: helping teachers provide personalized attention to every student.