Archives

CoverForce: $13 Million (Series A) Raised For Building Infrastructure And Connectivity Between Agencies And Insurance Carriers

By Amit Chowdhry ● Mar 7, 2025

CoverForce, a leading infrastructure platform for commercial insurance, today announced a $13 million Series A funding round led by global software investor Insight Partners with participation from Nyca Partners. The funding will accelerate CoverForce's mission as a leading marketplace for quote-and-bind API connections, enabling seamless digital interactions between insurance carriers, agencies, and wholesalers.

Business & Pleasure: $16 Million Minority Growth Raised From Silas Capital

By Amit Chowdhry ● Mar 7, 2025

Business & Pleasure, a renowned lifestyle brand that captures nostalgia and charm through luxury outdoor products, announced the completion of a $16 million minority growth investment led by Silas Capital – a growth equity and venture capital firm focused on exceptional next-generation consumer brands.

Finmo: Interview With CEO David Hanna About The Rapidly Growing Global Payments Company

By Amit Chowdhry ● Mar 7, 2025

Finmo is a company that is transforming global payments and treasury management with a unified platform designed to streamline financial operations. Pulse 2.0 interviewed Finmo CEO David Hanna to learn more about the company.

CaPow: $15 Million (Series A) Raised For Transforming Industrial Automation

By Amit Chowdhry ● Mar 7, 2025

CaPow (provider of Genesis), which is an in-motion power delivery solution for robotic fleets, announced it raised $15 million in Series A funding to accelerate its efforts in global growth and market expansion. The funding round was led by Toyota Ventures and included the participation of Elements VC, along with more than double-down investments from IL Ventures, Payton Planar Magnetics LTD., Mobilion, Doral Energy-Tech, and more.

WilsonAI: $1.7 Million (Pre-Seed) Raised For AI-Based Paralegal Assistant

By Amit Chowdhry ● Mar 7, 2025

WilsonAI, an AI-powered legal assistant transforming in-house legal operations, announced it has raised a $1.7 million pre-seed round led by Nomad Ventures. Additional participants include Autopilot Ventures, Entrepreneur First, Transpose Platform, key strategic angels, including Mei Z, and several exited founders and law firm partners.

Sidley: Judith Shophet Sidkoff Joins As Partner In Century City Litigation Practice

By Amit Chowdhry ● Mar 7, 2025

Sidley recently announced that Judith Shophet Sidkoff has joined as a partner in the firm’s Litigation practice in Century City as a member of its Product Liability and Mass Torts practice. Sidkoff joins Sidley from Dentons, where she was a partner in both the Litigation and Dispute Resolution and Consumer Products Representation and Services practice groups. She joins her colleague Sarah Carlson, who recently joined Sidley’s Litigation practice.

Enveda: $150 Million (Series C) Raised For Creating Better Medicines Faster

By Amit Chowdhry ● Mar 7, 2025

Enveda, a leading biotechnology company utilizing life’s chemistry to discover better medicines, today announced an investment from Sanofi, a leading healthcare company. This funding reaffirms the industry’s confidence in Enveda’s drug discovery platform and its ability to deliver differentiated medicines. Sanofi’s joining of the Series C funding round builds on Enveda’s continued success in bringing novel therapeutics inspired by evolution from discovery to clinical trials.

Fuse Vectors: $5.2 Million (Pre-Seed) Raised For Advancing Cell-Free Gene Therapy Technology

By Amit Chowdhry ● Mar 7, 2025

Fuse Vectors recently announced $5.2 million in pre-seed financing led by HCVC to transform gene therapy development with its cell-free viral vector technology.

Relay: $35 Million (Series A) Raised To Transform Parcel Delivery

By Amit Chowdhry ● Mar 7, 2025

Relay, a company transforming the backbone of e-commerce delivery for top retailers, announced a $35 million Series A round led by Plural. The funding round also includes continued participation from its seed investors, Project A and Prologis Ventures (the VC arm of global logistics real estate leader Prologis).

Movius: Interview With CTO & CISO Amit Modi About The Secure Communications As A Service Company

By Amit Chowdhry ● Mar 7, 2025

Movius provides a secure communications solution for businesses across voice, SMS, and social channels. Pulse 2.0 interviewed Movius CTO and CISO Amit Modi to learn more about the company.

SpryPoint: Growth Capital Raised From CIBC Innovation Banking

By Amit Chowdhry ● Mar 7, 2025

CIBC Innovation Banking announced it has provided a growth-focused credit facility to SpryPoint Services, a leading provider of software for public utilities.

JumpStart Ventures: First Closing For NEXT Fund III At Nearly $25 Million

By Amit Chowdhry ● Mar 7, 2025

JumpStart Ventures announced it has achieved the first closing of NEXT Fund III, raising nearly $25 million toward its $50 million target. And NEXT Fund III is supported by the State Small Business Credit Initiative (SSBCI) Ohio, institutional and private investors and reinforces JumpStart Ventures' commitment to providing tech founders with the capital they need to scale their startups.

Whisper: $1 Million Secured For Advancing AI-Based Sales Cloning Technology For Content Creators

By Amit Chowdhry ● Mar 7, 2025

Whisper, an AI-based sales and behavioral cloning technology for content creators, announced it has raised $1 million in a recent funding round led by investors, including AngelList Early Stage Quant Fund and a consortium of high-net-worth content creators.

Humach: Interview With CEO Tim Houlne About The Intelligent Workforce Company

By Amit Chowdhry ● Mar 7, 2025

Humach is a company that combines the strengths of both humans and machines to deliver exceptional customer experiences. Pulse 2.0 interviewed Humach CEO Tim Houlne to learn more about the company.

Uniti AI: $4 Million (Seed) Secured For Building AI Sales Agents For Real Estate Operators

By Amit Chowdhry ● Mar 7, 2025

Uniti AI, a leading AI agent platform for commercial real estate operators, announced a $4 million seed round led by Prudence. Participants also included Alate Partners, Flex Capital, Observer Capital, and RE Angels.

DNO To Buy Sval Energi In $1.6 Billion Deal

By Amit Chowdhry ● Mar 7, 2025

DNO ASA, the Norwegian oil and gas operator, announced it has agreed to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of $1.6 billion.

LPL Brings In $190 Million FA Michael Carmichael

By Amit Chowdhry ● Mar 7, 2025

LPL Financial announced that financial advisor Michael Carmichael, RFC, CRPS, founder of Carmichael Financial, announced it has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving about $190 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic.

Walgreens Boots Alliance To Go Private In A Deal Valued Up To $23.7 Billion

By Amit Chowdhry ● Mar 7, 2025

Drugstore chain Walgreens Boots Alliance (WBA) announced it is going private in a $10 billion deal with private equity firm Sycamore Partners. Sycamore will pay $11.45 per share, which is a premium of 8% to the stock's closing price of $10.60 on Thursday. The total value of the deal is up to $23.7 billion. Sycamore Partners specializes in retail and consumer investments and has a track record of buying distressed retailers for profit, like Staples, Talbots, and Nine West.

RAD Security: $14 Million (Series A) Raised For AI-Based Cybersecurity Platform

By Amit Chowdhry ● Mar 7, 2025

RAD Security, a leader in securing cloud-focused infrastructure, announced a $14 million Series A funding round, led by Cheyenne Ventures with participation from new investors Forgepoint Capital, Lytical Ventures, and Akamai and existing investors .406 Ventures, Vertex Ventures, and Gula Tech Adventures.

Ignota Labs: $6.9 Million (Seed) Raised For AI-Based Drug Turnaround Company

By Amit Chowdhry ● Mar 7, 2025

Ignota Labs, an AI-based drug turnaround company, announced the closing of a $6.9 million (GBP 5.5 million) seed funding round, co-led by Montage Ventures and AIX Ventures, with participation from Modi Ventures, Blue Wire Capital, and Gaingels. This funding round will expand the pipeline by acquiring additional distressed assets and advancing their first asset, a PDE9A inhibitor, into early-stage clinical trials.

WoodChuck: Interview With Founder & CEO Todd Thomas About The Sustainable Waste Management Company

By Amit Chowdhry ● Mar 7, 2025

Woodchuck is a new climate impact startup that is looking to transform waste-to-energy processing for construction, manufacturing, and bioenergy industries. Pulse 2.0 interviewed WoodChuck founder and CEO Todd Thomas to learn more about the company.

Intangible: $4 Million Raised For Advanced 3D Creative Tool

By Amit Chowdhry ● Mar 7, 2025

Intangible announced it has raised $4 million in funding from a16z Speedrun, Crosslink Capital, Karman Ventures, and industry angels to launch the world’s simplest 3D creative tool.

Zensar: Interview With CEO & Managing Director Manish Tandon About The Tech Consulting Company

By Amit Chowdhry ● Mar 6, 2025

Zensar is a premier technology consulting and services company that is embracing an experience-led everything philosophy. Pulse 2.0 interviewed CEO and Managing Director Manish Tandon to learn more about the company.

LPL Onboards $1.15 Billion Townsgate Wealth Management Team

By Amit Chowdhry ● Mar 6, 2025

LPL Financial announced that financial advisors Jim Murray, Larry Bernstein, Abby Goldstein, CFP, Michael Kazmer, CFP, Brett Goldberg and Wesley Wong of Townsgate Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. And they reported serving about $1.15 billion in advisory, brokerage and retirement assets* and join LPL from Wells Fargo Advisors Financial Network.

White & Case: David Stone, Karla Hughes And Adrian Dykes Join As Partners In London

By Amit Chowdhry ● Mar 6, 2025

Global law firm White & Case expanded its Global Intellectual Property Practice in London with a team led by partner David Stone and that includes partners Karla Hughes, and Adrian Dykes.

Clifford Chance: Jeff Schrepfer Joins Corporate Practice As Partner In Tokyo

By Amit Chowdhry ● Mar 6, 2025

Clifford Chance today announced that M&A partner Jeff Schrepfer will join the firm's Corporate practice as a partner in Tokyo. And Schrepfer brings over 20 years of experience of working in Japan on complex, cross-border M&As, spanning multiple industries, from semiconductors, energy, health and life sciences to automotives.

Numeral: $18 Million (Series A) Secured For Helping Companies With Sales Tax Compliance

By Amit Chowdhry ● Mar 6, 2025

Numeral, a company handling the intricacies of sales tax compliance for e-commerce and SaaS companies, has secured $18 million in Series A funding led by Benchmark Capital with participation from existing seed investors Uncork Capital, Y Combinator, and FundersClub.

JWS: Tom Fotheringham Named As Partner On Energy & Resources Team

By Amit Chowdhry ● Mar 6, 2025

Johnson Winter Slattery (JWS) announced it has appointed Tom Fotheringham as a partner in the firm’s market-leading Energy & Resources team. And he will be based in Brisbane.

TRIMTECH Therapeutics: $31 Million (Seed) Raised For Advancing Targeted Protein Degradation For Treating Neurodegenerative Diseases

By Amit Chowdhry ● Mar 6, 2025

TRIMTECH Therapeutics, a biotechnology company harnessing targeted protein degradation (TPD) for treating neurodegenerative diseases, announced the closing of its $31 million (£25 million) seed funding round. Cambridge Innovation Capital (CIC) and SV Health Investors’ Dementia Discovery Fund (DDF) led the funding, with M Ventures and Pfizer Ventures joining. Additional investors also include Eli Lilly and Company, MP Healthcare Venture Management (MPH), Cambridge Enterprise Ventures, and Start Codon.

MaxIQ: $7.8 Million Secured For Customer Journey Management Platform

By Amit Chowdhry ● Mar 6, 2025

MaxIQ, an AI-based Customer Journey Management platform designed to maximize customer lifetime value, announced it has raised $7.8 million in funding. The company’s Seed round was led by Dell Technologies Capital, with participation from Intel Capital.