Archives

SnapLogic: Interview With Founder & CEO Gaurav Dhillon About The Generative Integration Platform

By Amit Chowdhry ● Dec 2, 2024

SnapLogic is a generative integration platform for faster and easier digital transformation. Pulse 2.0 interviewed SnapLogic founder and CEO Gaurav Dhillon to learn more about the company.

Authenticx: Interview With Founder & CEO Amy Brown About The AI-Based Healthcare Solutions Company

By Amit Chowdhry ● Dec 2, 2024

Authenticx is a company that was founded to be a solution for healthcare to listen at scale. And it is used for turning conversations into actionable insights to reveal transformational opportunities in healthcare. Pulse 2.0 interviewed Authenticx founder and CEO Amy Brown to learn more about the company.

Margo: Interview With Chair Bart Nieuwborg About The Open Standard Industrial Automation Initiative

By Amit Chowdhry ● Dec 2, 2024

Margo is an open standard initiative for interoperable orchestration at the edge in industrial automation ecosystems. With the backing from giants ABB/B&R, Capgemini, Microsoft, Rockwell Automation, Schneider Electric, and Siemens as founding members, Margo is designed to streamline the integration of applications and devices across multi-vendor environments, simplifying digital transformations for organizations of all sizes. Pulse 2.0 interviewed Margo Chair Bart Nieuwborg to learn more about the initiative.

Peopletrail: Interview With CRO Gardner Davis About The Background Screening Company

By Amit Chowdhry ● Dec 2, 2024

Peopletrail is a globally trusted pre-employment screening partner that covers everything from criminal background checks to drug and occupational health screening. Pulse 2.0 interviewed Peopletrail Chief Revenue Officer Gardner Davis to learn more about the company.

Carthage Capital: Interview With Founder & Managing Partner Stephen Wu About The Options Trading Firm

By Amit Chowdhry ● Dec 2, 2024

Carthage Capital is a private equity firm that employs an options trading strategy that aims to generate 30%+ net profit every year. Pulse 2.0 interviewed Carthage Capital founder and managing partner Stephen Wu to learn more about the firm.

Lakeside Software: Interview With Founder & Board Member Mike Schumacher About The IT Optimization Company

By Amit Chowdhry ● Dec 2, 2024

Lakeside Software is a company that helps organizations with large and complex IT environments get visibility across their entire digital estate and see how to do more with less. Pulse 2.0 interviewed Lakeside Software founder and board member Mike Schumacher to learn more about the company.

Aon To Buy In-House Insurance Agency Of Mitsubishi Chemical Group

By Amit Chowdhry ● Dec 2, 2024

Aon plc - a leading global professional services firm - announced the signing of a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG) enhancing Aon’s risk and health capability offering in Japan.

Northern Star To Buy De Grey Mining In A$5 Billion Deal

By Amit Chowdhry ● Dec 2, 2024

Northern Star Resources and De Grey Mining announced that they have entered into a binding Scheme Implementation Deed (SID) under which Northern Star proposes to acquire 100% of De Grey. Upon implementation of the deal, Northern Star will buy De Grey and its flagship project, Hemi, a low-cost, long-life, and large-scale gold development project in the Pilbara region of Western Australia.

Vitara Biomedical: $50 Million Raised To Transform Neonatal Care

By Amit Chowdhry ● Dec 2, 2024

Vitara Biomedical, a privately held company developing breakthrough technology intended to transform neonatal care, announced the closing of a $50 million funding round. The company’s technology was initially developed at the Children’s Hospital of Philadelphia (CHOP), which is one of the leading centers in the world for clinical and scientific innovation in neonatology. Sands Capital led the Series B financing with participation from Google Ventures (GV), First Spark Ventures, Flerie and Khosla Ventures.

Rocket Lab: $23.9 Million CHIPS Incentives Award Received From The U.S. Department of Commerce

By Amit Chowdhry ● Dec 2, 2024

Rocket Lab USA - a global leader in launch services and space systems - announced it has finalized a $23.9 million award from the U.S. Department of Commerce to increase its compound semiconductor manufacturing capability and capacity at the Company’s Albuquerque, New Mexico facility. And the semiconductors produced by Rocket Lab are used in space-grade solar cells and other optoelectronic products that are important components for national security and commercial applications.

Adcendo: $135 Million (Series B) Raised For Developing Treatments To Address Underserved Cancers

By Amit Chowdhry ● Dec 2, 2024

Adcendo, a biotech company focused on developing first-in-class ADCs for treating cancers with a high unmet medical need, announced the closing of an oversubscribed $135 million Series B financing round. The funding was led by TCGX, with participation from new investors TPG Life Sciences Innovations, Orbimed Advisors, Venrock Healthcare Capital Partners, Surveyor Capital (a Citadel company), and Logos Capital, as well as all existing investors, including RA Capital Management, Novo Holdings, Pontifax Venture Capital, Dawn Biopharma, a platform controlled by KKR, HealthCap, Gilde Healthcare and Ysios Capital.

Sagewind Capital Reveals Majority Investment in Aechelon Technology

By Amit Chowdhry ● Dec 2, 2024

Sagewind Capital - a government technology-focused U.S. private equity firm with offices in New York City and Washington, DC, announced a majority investment in Aechelon Technology.

Capitolis Raises Strategic Investments From Citi, Morgan Stanley, State Street, And UBS

By Amit Chowdhry ● Dec 2, 2024

Capitolis, a technology company helping to create safer and more vibrant capital markets, announced new strategic investments from four leading global banks. The new funding round is led by Citi and includes State Street, both existing investors in Capitolis, and new investors Morgan Stanley and UBS.

PlayCore Reveals Continuation Fund Led by Sage Equity Investors

By Amit Chowdhry ● Dec 2, 2024

Court Square Capital Partners - a leading U.S. middle market private equity firm - announced the closing of a single-asset continuation fund to continue its partnership with PlayCore Group (a market-leading provider of multi-brand playground equipment and recreation products).

The Veteran Fund Reveals Initial Fund For Investing In Military Veteran Companies

By Amit Chowdhry ● Dec 2, 2024

The Veteran Fund announced an oversubscribed closing of their inaugural investment Fund I. This fund was launched to support and empower veterans across the U.S. in their journey post-service. Launched by General Partners Ryan Micheletti, Mike Sherbakov, Lisa Song Sutton, and Justin Nahama, The Veteran Fund invests in early-stage startups led by veterans, focusing on critical, dual-use technologies that address national and commercial challenges.

Cardless: Co-Branded Credit Card Solutions Company Raises $30 Million

By Amit Chowdhry ● Dec 2, 2024

Cardless, a leading fintech company known for transformative co-branded credit card solutions, announced a $30 million growth investment round led by Activant Capital, with participation from new and existing investors, including Mischief (the fund co-founded by Plaid's Zach Perret), Industry Ventures, Thayer Ventures, Assurant and Amex Ventures. This brings Cardless' total equity funding to date to $90+ million.

Eon: Cloud Backup Platform Company Raises $70 Million (Series C) At $1.4 Billion Valuation

By Amit Chowdhry ● Dec 2, 2024

Eon, a next-generation cloud backup platform, announced that it has raised a $70 million Series C funding round led by BOND, growing its valuation to $1.4 billion. Several existing investors joined the round, including Sequoia Capital, Greenoaks, and Lightspeed Venture Partners.

NTT DATA To Buy Niveus Solutions

By Amit Chowdhry ● Dec 2, 2024

NTT DATA - a leader in digital business and IT services - announced it has signed a definitive agreement to acquire Niveus Solutions, a premier cloud engineering company specializing in Google Cloud Platform (GCP) services.

Fortress Buys HDPE Company Infra Pipe Solutions

By Amit Chowdhry ● Dec 2, 2024

Fortress Investment Group announced that funds managed by its affiliates have acquired Infra Pipe Solutions, a leading manufacturer of small—to large-diameter high-density polyethylene (HDPE) pipes and structures sold under brand names including Sclairpipe, Weholite, Endopure, and Enduct. The funds managed by Fortress affiliates have acquired a majority of IPS’s equity; the company’s management team has retained a minority stake.

Haveli Investments Buys Controlling Interest In Machine Identity Leader AppViewX

By Amit Chowdhry ● Dec 2, 2024

AppViewX - a leader in automated certificate lifecycle management (CLM) and public key infrastructure (PKI) solutions - announced a strategic majority investment from Haveli Investments, an Austin-based technology-focused private equity firm with expertise in enterprise software. And the funding, combined with Haveli Investment’s operating expertise, is expected to enable AppViewX further to expand market leadership with its AVX ONE platform and accelerate growth in a rapidly growing market with strong tailwinds generated by the increasing number of machine and non-human identities, shortening transport layer security (TLS) certificate durations, and evolving IT environments.

AMPECO: EV Charging Management Company Secures $26 Million (Series B)

By Amit Chowdhry ● Dec 2, 2024

AMPECO, a leading EV charging management platform provider, announced it raised $26 million in Series B funding. The funding round was led by Revaia, with participation from existing investors Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This latest funding round brings its all-time raise to $42 million since it was founded in 2019.

Raymond James Onboards $514 Million Sebring, Florida-Based Advisor Team

By Amit Chowdhry ● Dec 1, 2024

Gregg Stupinski, the South Atlantic regional director of Raymond James & Associates (RJA), announced it has welcomed financial advisors Dale Grubb, Matthew Grubb, CFP, and Corbin Hoffner to RJA. This team arrives from Morgan Stanley where they managed over $514 million in assets, and they are joined by practice business manager Joella Libero and senior client service associate Leighann Hylan.

Mediaocean To Buy Innovid In $500 Million Deal

By Amit Chowdhry ● Dec 1, 2024

Mediaocean (a foundational partner for omnichannel advertising) and Innovid (an independent software platform for the creation, delivery, measurement, and optimization of advertising) announced they have entered into a definitive agreement in which Mediaocean will acquire Innovid. And as part of the deal, Innovid will merge with Flashtalking to create a premier global, independent, omnichannel ad tech platform.

EQT Reveals $3.5 Billion Midstream Joint Venture With Blackstone

By Amit Chowdhry ● Dec 1, 2024

EQT Corporation announced that it has entered into a definitive agreement with funds managed by Blackstone Credit & Insurance (BXCI), to form a new midstream joint venture (JV) consisting of EQT’s ownership interest in high-quality contracted infrastructure assets: 1.) Mountain Valley Pipeline, LLC – Series A, 2.) FERC regulated transmission and storage assets, and 3.) the Hammerhead Pipeline.

University Of Cincinnati’s 1819 Venture Lab Partnering With Flywheel For SustainableCincy Cohort

By Amit Chowdhry ● Dec 1, 2024

The University of Cincinnati’s 1819 Venture Lab—in partnership with the Flywheel Social Enterprise Hub—announced it is helping five socially minded startups grow. The first-ever SustainableCincy collaboration between these two startup accelerator programs is expected to drive positive social impact and innovation throughout Greater Cincinnati.

Allink Biotherapeutics: $42 Million (Series A) Raised To Transform Bispecific Antibody And Antibody-Drug Conjugate Therapeutics

By Amit Chowdhry ● Dec 1, 2024

Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific antibody and antibody-drug conjugate (ADC) therapeutics, announced the completion of a $42 million Series A financing. The funding round was led by Lanchi Ventures with participation from an elite syndicate of new investors, including Yuanbio Venture Capital, Legend Capital, and C&D Emerging Industry Equity Investment, along with support from existing shareholders Gaorong Ventures and Med-Fine Capital.

Propeller Drones Signs $7 Million IEC Contract

By Amit Chowdhry ● Dec 1, 2024

Airwayz, a company in large-scale low-altitude Unmanned Traffic Management (UTM) for drones, announced it was chosen by Propeller Drones to execute its $7 million Israel Electric Corporation (IEC) contract to conduct autonomous operations, including inspection of electrical infrastructure.

Stax.ai: $7 Million Raised To Help TPAs Streamline Operations

By Amit Chowdhry ● Dec 1, 2024

Stax.ai, a transformative solution that empowers retirement third-party administrators (TPAs) to streamline their operations and create efficiencies previously deemed impossible, announced $7 million in new funding led by Neotribe. To date, the company has raised $11.65 million. It will continue its momentum by investing in its next phase of customer growth and product development while building its leadership team.

Theory Ventures: Second Fund Closed At $450 Million

By Amit Chowdhry ● Dec 1, 2024

Theory Ventures, a VC firm specializing in early-stage software investments across data, AI, and web3, announced the closing of its $450 million second fund. After the launch of its inaugural $238 million fund in April 2023, this new fund enables the firm to scale its support for innovators utilizing technology discontinuities into go-to-market advantages and building the next generation of software.

Eden AI: AI Integration Company Raises €3 Million (Seed)

By Amit Chowdhry ● Dec 1, 2024

AI integration company Eden AI announced it raised a €3 million seed round led by Galion.exe. 50 Partners and several prominent business angels participated, including Olivier Pomel (Co-Founder of Datadog), Sébastien Pahl (Co-Founder of Docker), and Alix de Sagazan (Co-Founder of ABTasty).