Archives

Blue Sage Capital: $618 Million Closed For Fund IV

By Amit Chowdhry ● Feb 4, 2025

Blue Sage Capital, a leading lower-middle market private equity firm, announced the final closing of Blue Sage Capital IV at $618 million, including a substantial commitment from the General Partner. This fund was significantly oversubscribed, closing above its initial target of $400 million, initial hard cap of $550 million, and more than double its $300 million prior fund size.

Rynse: $5 Million (Seed) Raised For Improving Ongoing Auto Services

By Amit Chowdhry ● Feb 4, 2025

Rynse - a new fleet management software for government and enterprise organizations - offers a powerful solution for fleets struggling with operational efficiency and profitability challenges like fraud, overspending, and vehicle maintenance. And by connecting fleet management with payment systems, Rynse provides an expansive network of vendors, streamlines procurement, saves time, and reduces fraud, enabling fleets to operate more efficiently. Rynse has secured $5 million in seed funding led by Autotech Ventures, with participation from returning investors Founder Collective and Correlation Ventures, along with new investor Connexa Capital.

OneVest: $20 Million (Series B) Raised For Transforming Wealth Management

By Amit Chowdhry ● Feb 3, 2025

OneVest, a comprehensive wealth management technology platform, announced the closing of a $20 million Series B equity funding round. The funding round was led by Salesforce Ventures, with participation from new investors, Allianz Life Ventures and TIAA Ventures. And returning investors include OMERS Ventures, Deloitte Ventures, Fin Capital, Luge Capital, and Pivot Investment Partners.

GE Vernova To Invest Nearly $600 Million In U.S. Facilities Over Two Years

By Amit Chowdhry ● Feb 3, 2025

GE Vernova plans to invest nearly $600 million in its U.S. factories and facilities over the next two years to help meet the surging electricity demands worldwide. And the new investments – expected to create approximately 1,500 new U.S. jobs – will help drive U.S. energy affordability, national security, and competitiveness to support expanding global exports.

Imvax: $29 Million Financing Completed To Develop Whole Tumor-Derived Immunotherapies

By Amit Chowdhry ● Feb 3, 2025

Imvax - a clinical-stage biotechnology company developing personalized, whole tumor-derived immunotherapies - announced the closing of a $29 million financing round from existing investors. In the past 21 months, the company has raised $86 million to support completing its randomized, multicenter, double-blind, placebo-controlled Phase 2b trial of IGV-001 in patients with newly diagnosed glioblastoma (ndGBM).

Bogart Wealth Closes On Minority Investment From Constellation Wealth Capital

By Amit Chowdhry ● Feb 3, 2025

Bogart Wealth, an independent wealth management and Registered Investment Advisory firm, announced that it has closed on a minority, long-duration investment from Constellation Wealth Capital (CWC). This long-term strategic investor provides capital solutions exclusively to wealth management businesses and multi-family offices.

Tana: $25 Million Closed For Human-AI Collaboration Platform

By Amit Chowdhry ● Feb 3, 2025

Tana, an all-in-one workspace that naturally integrates AI into everyday work, announced a $14 million Series A round led by Tola Capital, with participation from Lightspeed Venture Partners, Northzone, Alliance VC, and firstminute capital. This funding round brought the total to $25 million.

Riot: $30 Million (Series B) Closed For Cyber-Protection Platform

By Amit Chowdhry ● Feb 3, 2025

Riot, an employee-focused cyber-protection software platform, announced a $30 million Series B financing round led by New York-based venture capital firm Left Lane Capital. The funding round brings Riot's total raised capital to $45 million and includes participation from existing investors Y Combinator, Base10, and FundersClub.

Jump: $20 Million (Series A) Raised For AI-Based Financial Advisor Platform

By Amit Chowdhry ● Feb 3, 2025

Jump, a leading provider of AI-based solutions for financial advisors and other financial services providers, announced today the completion of a $20 million Series A funding round led by Battery Ventures, with additional participation from Citi Ventures and existing investors Sorenson Capital and Pelion Ventures Partners. This funding validates the growing demand for advisor-specific AI tools that streamline administrative tasks and empower financial professionals to elevate the advisor and client experience.

Affineon Health: $5 Million Raised To Enhance Physician Productivity

By Amit Chowdhry ● Feb 3, 2025

Affineon Health, a leader in AI-based solutions to streamline the inbox for healthcare physicians and providers, announced closing a $5 million oversubscribed funding round. And GPG Ventures led the seed round with participation from existing investor AI Fund and several other new investors. Other new investors in this round include Deepwater, Benhamou Global Ventures (BGV), Headwater Ventures, and Signal Peak Ventures.

Guggenheim Investments: About $400 Million Vehicle Closed To Invest In Private Debt Strategy

By Amit Chowdhry ● Feb 3, 2025

Guggenheim Investments announced the closing of about $400 million vehicle that will invest in Guggenheim’s private debt strategy. Allianz Global Investors led the deal. And a group of funds managed by StepStone Group co-underwrote the transaction. This vehicle includes about $100 million of financing.

NEC X: Interview With President And CEO Shintaro Matsumoto About The Venture Studio

By Amit Chowdhry ● Feb 3, 2025

NEC X, the Silicon Valley venture studio backed by NEC’s portfolio of advanced technologies and global businesses, empowers entrepreneurs to create and scale technology-driven businesses that address real-world needs. Utilizing top-notch technology, customer discovery approaches, and more, its Elev X! venture studio programs assist in bringing market-desired innovations to life. Pulse 2.0 interviewed NEC X president and CEO Shintaro Matsumoto to learn more about the company.

Zirr AI: Interview With Co-Founder & CEO Arnavaz Hajizadeh About The Clinical Documentation Company

By Amit Chowdhry ● Feb 3, 2025

Zirr AI - integrated with Clinical Decision Support System (CDSS) AI - transforms clinical documentation and patient care. Pulse 2.0 interviewed Zirr AI co-founder and CEO Arnavaz Hajizadeh to learn more about the company.

Conifers.ai: Cybersecurity Company Raises $25 Million And Launches CognitiveSOC Platform

By Amit Chowdhry ● Feb 3, 2025

Conifers.ai announced $25 million in funding and the formal launch of the company and its Conifers CognitiveSOC platform. And this native AI platform helps organizations solve critical security operations center (SOC) challenges at scale, increasing effectiveness and efficiency, reducing risk, and increasing proactiveness to achieve SOC excellence.

WiseLayer: $7.2 Million Raised For Making AI-Based Digital Workers For Finance And Accounting Teams

By Amit Chowdhry ● Feb 3, 2025

WiseLayer, an AI fintech company that makes digital workers for finance and accounting teams, announced $7.2 million in funding. This funding round was led by Canaan Partners, with participation from K5 Global, The Fintech Fund, Unpopular Ventures, and industry angels.

Frenos: Autonomous Operational Security Assessment Platform Raises $3.88 Million (Seed)

By Amit Chowdhry ● Feb 3, 2025

Frenos, the first autonomous operational technology (OT) security assessment platform, today announced the completion of a $3.88 million financing round led by DataTribe.

Nue: Revenue Lifecycle Management Company Raises $20 Million

By Amit Chowdhry ● Feb 3, 2025

Nue, a company that seamlessly unifies Configure, Price and Quote (CPQ), customer lifecycles, billing, and revenue intelligence for complete Revenue Lifecycle Management, announced it raised $20 million in Series A funding, led by Inovia Capital with participation from Information Venture Partners, Bluefish Capital, NextWorld Capital, NJP Ventures, and Operator Stack Fund.

Dxcover: Multiomic Spectral Analysis Company Raises Funding

By Amit Chowdhry ● Feb 3, 2025

Dxcover Limited, a clinical-stage diagnostics company pioneering its multiomic spectral analysis (MOSA-Dx) for early detection of solid tumor cancers, announced its next key stage of growth with the closing of significant funding to drive innovation and expand its commercial presence. The funding, which will total $6.2 million, underpins the confidence of the investors in Dxcover’s mission to transform cancer diagnostics and save lives by delivering the earliest cancer diagnosis possible. This also brings the total funding raised by Dxcover to $21.4 million since spinning out from the University of Strathclyde in 2019.

Stratasys: $120 Million Equity Investment Raised From Fortissimo Capital

By Amit Chowdhry ● Feb 3, 2025

Stratasys - a leader in polymer 3D printing solutions - announced that Fortissimo Capital, a leading Israeli private equity fund investing in technology and industrials, has agreed to invest $120 million in the company, acquiring about 14% of Stratasys’ issued and outstanding ordinary shares through a direct purchase of 11,650,485 newly issued ordinary shares at $10.30 per share, reflecting a premium of 10.6% over the closing market price on January 31, 2025.

SimpliGov: Strategic Growth Investment Raised From JMI Equity

By Amit Chowdhry ● Feb 3, 2025

SimpliGov - a leading no-code workflow automation platform for government organizations - announced a strategic growth investment from JMI Equity, a growth equity firm focused on investing in leading software companies.

Atalanta Therapeutics: $97 Million (Series B) Raised For Advancing Two RNAi Therapies

By Amit Chowdhry ● Feb 3, 2025

Atalanta Therapeutics, a biotechnology company advancing RNA interference (RNAi) for the treatment of neurological diseases, announced the completion of a $97 million Series B funding to support Phase 1 clinical trials of the company’s investigational RNAi therapies for KCNT1-related epilepsy and Huntington’s disease. The funding was co-led by EQT Life Sciences and Sanofi Ventures, with participation from other new investors RiverVest Venture Partners, funds managed by abrdn Inc, Novartis Venture Fund, Pictet Alternative Advisors, Mirae Asset Financial Group, and GHR Foundation alongside existing investor F-Prime Capital.

Lutris Pharma: $30 Million Funding Raised For Advancing Development Of Anti-Cancer Drug Effectiveness

By Amit Chowdhry ● Feb 3, 2025

Lutris Pharma - a clinical-stage biopharmaceutical company focused on improving anti-cancer therapies by reducing cutaneous dose-limiting toxicity - announced that it has secured $30 million in financing to advance the development of LUT014, an innovative topically applied gel aimed at reducing EGFRi-induced rashes, a common adverse side effect of these cancer-fighting therapies. This funding round was led by Columbus Venture Partners and Pontifax Venture Capital, an existing investor, with Peregrine Ventures and aMoon Fund also participating.

Onebrief: $103 Million Total Raised For Transforming Military Staffs

By Amit Chowdhry ● Feb 3, 2025

Onebrief, a leading software for operational planning and military staff workflows, announced the completion of its Series C funding round. The company raised $50 million, bringing its total capital to $103 million. General Catalyst and Insight Partners led the Series C funding round, with participation from Caffeinated Capital, 9Yards Capital, and Human Capital.

Blink Ops: $50 Million In Total Funding And 400% Year-Over-Year Revenue Growth

By Amit Chowdhry ● Feb 3, 2025

Blink Ops, an AI security automation platform, announced record growth marked by a 400% increase in year-over-year revenue and over $50 million in total funding. And as organizations look to automate security operations and utilize the power of AI, Blink Ops’ unique approach—combining AI agent capabilities with a reliable, deterministic workflow engine—is rapidly propelling its adoption across security operations.

Amplitude Vascular Systems: Medical Device Company Secures $36 Million (Series B)

By Amit Chowdhry ● Feb 3, 2025

Amplitude Vascular Systems (AVS), a medical device company focused on safely and effectively treating severely calcified arterial disease with its novel PULSE IVL platform, announced that it has completed a Series B round of financing of $36M. This funding will support the U.S. peripheral commercial launch and U.S. coronary and carotid IDE trials for the company’s Pulse Intravascular Lithotripsy (PIVL) device.

Clarametyx Biosciences: Investment Raised From Kineticos AMR Accelerator Fund

By Amit Chowdhry ● Feb 3, 2025

Clarametyx Biosciences (a clinical-stage company developing targeted and immune-enabling biologic therapies to counter persistent infections associated with biofilms) and Kineticos Life Sciences (a life sciences investor focused on companies looking to disrupt how drugs are developed, diseases are diagnosed, and patients are treated) announced an investment by the Kineticos AMR Accelerator Fund I. Aligned with the funding, KAMRA Venture Partner Douglas Thomson will join the Clarametyx Board of Directors.

Lindus Health: ‘Anti-CRO’ Company Raises $55 Million (Series B)

By Amit Chowdhry ● Feb 3, 2025

Lindus Health, an the anti-CRO running faster and more reliable clinical trials, announced it has raised $55 million in Series B funding. This funding round was led by new investor Balderton Capital, with support from Visionaries Club and existing investors Creandum, Firstminute, and Seedcamp.

On.Energy: $77.6 Million Construction Credit Agreement Closed

By Amit Chowdhry ● Feb 3, 2025

On.Energy, one of North America’s fastest-growing power asset owners and proven end-to-end integrator of battery energy storage projects, announced it has closed construction credit facilities provided by Pathward and BridgePeak Energy Capital to build its 160 MWh Palo de Agua battery storage portfolio across the state of Texas.

Harbor Link: $45 Million Raised From ROC Venture Group And Millennium

By Amit Chowdhry ● Feb 3, 2025

Harbor Link Holdings, a Maryland-based company and a leader in telecommunications infrastructure, announced that it has received $45 Million from Millennium Syndicated Holdings (MSH) and ROC Venture Group (ROC) to complete its 40-mile fiber optic network along the I-95 corridor, connecting Baltimore and the Washington DC area.

Brooklyn Law School: 13th Annual Business Boot Camp Helps Students Enhance Real-World Skills

By Amit Chowdhry ● Feb 2, 2025

The Brooklyn Law School, in collaboration with Deloitte Financial Advisory Services and John P. Oswald ’84, president of Capital Trust Group and a member of the Law School's Board of Trustees, held its 13th annual "Business Boot Camp" during the 2024-2025 January winter break. This four-day intensive program is designed to help law students enhance their business and financial skills in sessions developed and taught by professionals from Deloitte and the Law School's corporate and business law faculty and graduates.