Archives

Prequel: $3.3 Million (Seed) Secured For Helping Enterprises Boost Application Reliability

By Amit Chowdhry ● Dec 24, 2024

Prequel, a community-driven problem detection and management platform for cloud applications, announced it emerged from stealth and raised $3.3 million in seed funding. The round was led by Work-Bench, with participation from Runtime Ventures and Operator Partners.

Stand: $30 Million Raised To Use Physics-Driven AI To Insure Climate-Impacted Properties

By Amit Chowdhry ● Dec 24, 2024

Stand, a company reimagining insurance for climate-impacted properties, announced the launch of its debut product: California homeowners insurance that insures and fortifies properties to be resilient to wildfire. Launched earlier this year, Stand is backed by top-tier reinsurers, an AM Best A- Rating, and $30 million in funding from Inspired Capital, Lowercarbon, Equal Ventures & Convective Capital. With this foundation, the company is prepared to write over $2 billion in home coverage within its first year.

FastWave Medical: $19 Million Raised To Develop Intravascular Lithotripsy Systems

By Amit Chowdhry ● Dec 24, 2024

FastWave Medical, a clinical-stage medical device company, announced closing an oversubscribed $19 million funding round earlier this year, increasing the total capital invested into the company to over $40 million. And this significant investment, led by Epic Venture Partners with participation from M&L Healthcare Investments and the company's existing investors, will advance FastWave's rapid development momentum and provide crucial support for ongoing regulatory and clinical initiatives of its portfolio of IVL platforms.

Indapta Therapeutics: $22.5 Million Raised For Advancing Clinical Trials Of Cancer And Autoimmune Treatments

By Amit Chowdhry ● Dec 24, 2024

Indapta Therapeutics - a privately held clinical-stage biotechnology company developing next-generation cell therapies for the treatment of cancer and autoimmune diseases - announced it has closed a $22.5 million round of new financing to accelerate the clinical development of its differentiated allogeneic Natural Killer (NK) cell therapy. Current investors RA Capital Management, LP, Leaps by Bayer, the impact investment arm of Bayer AG, Vertex Ventures HC, Pontifax, and the Myeloma Investment Fund, the venture philanthropy subsidiary of the Multiple Myeloma Research Foundation, completed the round.

T-robotics: $5.4 Million (Seed) Raised To Simplify Industrial Automation

By Amit Chowdhry ● Dec 24, 2024

T-robotics, a programming developer for any robot using natural language and skill models with no code required, announced it raised a $5.4 million seed round, co-led by Emergent Ventures and Engine Ventures, with Berkeley Skydeck and Raisewell participating. And T-robotics will use the funding to expand its US and EU operations.

Tolerance Bio: $20.2 Million (Seed) Raised To Develop Approaches To Increase Healthspan

By Amit Chowdhry ● Dec 24, 2024

Tolerance Bio - a biopharmaceutical company pioneering approaches to increasing healthspan by preserving, restoring, and manipulating the function of the thymus, the master regulator of immune tolerance - announced the formation of its Scientific Advisory Board (SAB) and the completion of its oversubscribed $20.2 million seed financing round.

Sotelix: $1.7 Million (Seed) Raised For Developing Therapeutic Endoscopy Devices

By Amit Chowdhry ● Dec 24, 2024

Sotelix Endoscopy, a medical device startup developing next-generation therapeutic endoscopy devices, announced the closing of a $1.7 million seed round financing. The investment will fund the company’s research and development efforts, including in vivo testing of its innovative device.

Hawk Ridge Systems: Interview With SVP Of Engineering Cameron Carson About The 3D Printing Solutions Provider

By Amit Chowdhry ● Dec 24, 2024

Hawk Ridge Systems is a leading provider of 3D software, 3D hardware, services, and training. The company’s comprehensive solutions include the full portfolio of Dassault Systèmes offerings, manufacturing software from HCL CAMWorks, 3D printers from Markforged, HP and Formlabs, scanners from Hexagon, Artec3D, and more. Pulse 2.0 interviewed Hawk Ridge Systems SVP of Engineering Cameron Carson to learn more about the company.

Mojave: $9.5 Million (Series A) Raised For Changing The Nature Of Air Conditioning

By Amit Chowdhry ● Dec 24, 2024

Mojave Energy Systems, a company founded to change the nature of air conditioning, today announced that it has raised $9.5 million in Series A funding. The Series A funding round was led by existing investors Fifth Wall and At One Ventures, with participation from returning investors Myriad Venture Partners, Starshot Capital, Alumni Ventures Group, and new investor Earth Venture Capital.

Scripta Insights: AI-Based Pharmacy Navigation Company Raises $17 Million (Series B)

By Amit Chowdhry ● Dec 24, 2024

AI-based pharmacy navigation platform Scripta Insights announced that it had closed $17 million in Series B funding led by Aquiline, bringing Scripta's total funding to $42 million and demonstrating strong support for its mission from the investor community. This strategic funding comes on the heels of Scripta's revenue surging over 100% in 2024, capping a notable year for the business.

Fervo Energy: Geothermal Development Company Raises $255 Million

By Amit Chowdhry ● Dec 24, 2024

Fervo Energy, a leader in next-generation geothermal development, announced that it has secured $255 million in new funding and capital availability as it continues to build the world’s largest enhanced geothermal systems (EGS) power development. This funding features opportunistic corporate equity and new debt financing.

Portal Biotechnologies: Cell Engineering Platform Company Raises $7 Million (Seed)

By Amit Chowdhry ● Dec 24, 2024

Cell engineering platform company Portal Biotechnologies announced an oversubscribed $7 million seed round led by IA Ventures with participation from Pear VC, Undeterred Ventures, Page One VC, IKJ Capital, and other current investors.

Agora: Interview With Co-Founder & CEO Bar Mor About The Real Estate Investment Management Platform

By Amit Chowdhry ● Dec 24, 2024

Agora is one of the most comprehensive real estate investment management platforms on the market. Pulse 2.0 interviewed Agora co-founder and CEO Bar Mor to learn more about the company.

xAI: Elon Musk’s AI Company Raises $6 Billion (Series C) To Advance Scientific Discovery

By Amit Chowdhry ● Dec 24, 2024

xAI, a company founded by Elon Musi in 2023 to advance scientific discovery, announced it raised $6 billion in a new round of funding. This round included participation from A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, and others. And strategic investors NVIDIA and AMD also participated and continue to support xAI in rapidly scaling our infrastructure.