Archives

AMP: AI-Based Waste Sortation Company Secures $91 Million (Series D)

By Amit Chowdhry ● Dec 8, 2024

AMP Robotics, a leading provider of AI-powered sortation at scale for the waste and recycling industry, announced it had raised $91 million in corporate equity in a Series D funding round led by Congruent Ventures. This funding round featured participation from current and new investors, including Sequoia Capital, XN, Blue Earth Capital, Liberty Mutual Investments, California State Teachers Retirement System (CalSTRS), Wellington Management, Range Ventures, and Tao Capital Partners.

Ethyca: Data Privacy Engineering Company Closes $10 Million In Funding

By Amit Chowdhry ● Dec 8, 2024

Ethyca, a leader in data privacy engineering, announced a $10 million funding round led by Aspenwood Ventures and AVP. They are joining Ethyca’s existing investors, Des Traynor (Cofounder, Intercom), Guillermo Rauch (CEO, Vercel), Scott Belsky (CSO, Adobe), and Kevin Hartz (Cofounder, Eventbrite). This investment will help Ethyca enhance key product capabilities and grow its team.

The Riverside Company Receives $85 Million Senior Credit Facility From Comvest Credit Partners

By Amit Chowdhry ● Dec 8, 2024

Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, announced that it is acting as an administrative agent and sole lender on an $85 million senior secured credit facility to support The Riverside Company's acquisition of Seatex.

Nua Surgical: Ireland-Based Maternal Health Company Raises €6.5 Million (Series A)

By Amit Chowdhry ● Dec 7, 2024

EQT Life Sciences announced that the EQT Health Economics strategy has invested in Nua Surgical, an Irish medical device company that is innovating in maternal health. EQT Life Sciences led this €6.5 million Series A financing.

Lucra: Social Gamification Company Raises $10 Million

By Amit Chowdhry ● Dec 7, 2024

Lucra, an emerging market leader in social gamification technology, announced it has raised $10 million from 7GC, SeventySix Capital, Steve Kuhn (Founder of Major League Pickleball), alongside NBA MVP Giannis Antetokounmpo, Ark Invest, Simplex Equity, and a who’s who of professional team owners and athletes. And additional investors and advisors in the company include professional team owners Arthur Blank (Atlanta Falcons, AMBSE Ventures), Dennis Wong (LA Clippers), former WNBA president Donna Orender, tennis champions John Isner and James Blake, NFL players Zach Ertz and Emmanuel Sanders, and more.

Voya Partnering With Orion On Launching Technology Platform For Financial Pros

By Amit Chowdhry ● Dec 6, 2024

Voya Financial announced it is collaborating with Orion, a provider of transformative wealth-tech solutions for financial professionals, to launch a new and enhanced technology platform for its Voya Financial Advisors (VFA) business. And Voya WealthPath will offer VFA’s financial professionals an integrated experience of holistic in-plan, retail, and advisory solutions like financial planning and client relationship management tools.

Vimeo: Ryan Weeks Named As Chief Information Security Officer

By Amit Chowdhry ● Dec 6, 2024

Vimeo, a video experience platform, announced the appointment of Ryan Weeks as its Chief Information Security Officer (CISO), effective immediately. Weeks will lead Vimeo’s security, compliance, and risk management functions and support the company’s mission to be the most trusted and secure platform for professional video creators worldwide.

Holoclara: Interview With Co-Founder & CEO Dr. Andrea Choe About The Worm-Derived Therapy Company

By Amit Chowdhry ● Dec 6, 2024

Holoclara has developed a unique discovery engine for identifying molecules derived from worm species to develop into safe, orally available therapeutics. Pulse 2.0 interviewed Holoclara co-founder and CEO Andrea Choe, MD, PhD, to learn more about the company.

Eos Energy: $303.5 Million Loan Guaranteed By DOE Closed

By Amit Chowdhry ● Dec 6, 2024

Eos Energy Enterprises - a leading provider of safe, scalable, efficient, and sustainable zinc-based long-duration energy storage systems - announced the closing of a $303.5 million loan guaranteed by the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO). The DOE loan is a key step in advancing Project American Made Zinc Energy (AMAZE) and is expected to fund the expansion of Eos’ manufacturing capacity to 8 GWh by 2027 to meet the growing demand for longer-duration battery energy storage systems.

Foundation Fighting Blindness Partners Partnering With University Of Colorado And Other Institutions For Securing Up To $46 Million

By Amit Chowdhry ● Dec 6, 2024

The Foundation Fighting Blindness, which is the driving force in the global development of treatments and cures for blinding diseases, announced that the Advanced Research Projects Agency for Health (ARPA-H), an agency within the U.S. Department of Health and Human Services, announced it has awarded the University of Colorado Anschutz Medical Campus, the Foundation and six other researcher groups up to $46 million to support research and innovation in vision-restoring human whole eye transplantation.

Mitratech: A Conversation With GRC Solutions Executive Director Alastair Parr On Driving Technology Innovation

By Amit Chowdhry ● Dec 6, 2024

Mitratech is a global technology leader empowering corporate legal, risk and compliance, and HR professionals to maximize productivity, control expense, and mitigate risk by deepening operational alignment and increasing collaboration and visibility across their organization. Pulse 2.0 interviewed Mitratech’s Executive Director of GRC Solutions, Alastair Parr, to learn more about the company.

SafeBase: Interview With CEO & Co-Founder Al Yang About The Scalable Trust Center Company

By Amit Chowdhry ● Dec 6, 2024

SafeBase is a company that empowers organizations to develop a customer-facing scalable Trust Center that automates the security review process between buyers and sellers. Pulse 2.0 interviewed SafeBase co-founder and CEO Al Yang to learn more about the company.

UbiRider: Interview With CEO Paulo dos Santos About The Transportation Operations Management Company

By Amit Chowdhry ● Dec 6, 2024

UbiRider is a company that was founded with the mission to transform the utilization and management of transportation operations to be simple, elegant, and more accessible. Pulse 2.0 interviewed UbiRider CEO Paulo dos Santos to learn more about the company.

Virax Biolabs: Interview With COO Nigel McCracken About The Diagnostics And Detection Company

By Amit Chowdhry ● Dec 6, 2024

Virax Biolabs is diagnostics and detection company developing T-Cell immunology technology platform to provide early diagnosis and detection for post acute infection syndromes such as Long COVID and indications associated with chronic inflammation and T cell exhaustion. Pulse 2.0 interviewed Virax Biolabs COO Nigel McCracken to learn more about the company.

David Young: Interview With Mayor Of Orem, Utah And CEO Of Paragon Wealth Management

By Amit Chowdhry ● Dec 6, 2024

David Young is currently the Mayor of Orem, Utah and he also works as the CEO of Paragon Wealth Management. Young has been successfully leveraging his business and management skills to revolutionize the way the city operates. Young also wrote a new book called “Hunting for True Wealth,” which combines stories of adventure and thrill-seeking—from Alaska to Africa—with the fundamentals of financial investing and entrepreneurship. Pulse 2.0 interviewed David Young to learn more about his experiences.

Cleerly: Advanced Cardiovascular Imaging Company Raises $106 Million (Series C Extension)

By Amit Chowdhry ● Dec 6, 2024

Cleerly - a leader in advanced cardiovascular imaging - announced the closing of its Series C extension funding round, raising a total of $106 million. This funding round was led by global software investor Insight Partners and joined by Battery Ventures with participation from pre-existing investors.

ModifyHealth: Food-As-Medicine Platform Company Secures $13.5 Million (Series C)

By Amit Chowdhry ● Dec 6, 2024

ModifyHealth, a nationwide food-as-medicine platform and provider of medically tailored meals and nutritional counseling, announced the closing of a $13.5 million Series C funding round led by the Dohmen Company Foundation (DCF) through its Dohmen Impact Investment Fund.

NTx: $15 Million (Venture Debt) Raised From JPMorgan

By Amit Chowdhry ● Dec 6, 2024

Nature’s Toolbox (NTx), a life science company developing domestically-sourced biomanufacturing solutions for delivering personalized therapeutics and biologics, announced it secured $15 million in venture debt from J.P. Morgan. The funding will fuel the deployment of NTx systems across major pharmaceutical, governmental, and clinical organizations.

Veeam: Data Resilience Leader Company Hits $15 Billion Valuation

By Amit Chowdhry ● Dec 6, 2024

Veeam Software, a global leader in Data Resilience by market share, announced an expansion of its shareholder base in a $2 billion secondary offering, valuing the company at $15 billion. This deal was led by TPG with participation from Temasek, Neuberger Berman Capital Solutions, and other key investors, reinforcing Veeam’s position as a global leader in the rapidly growing data resilience market.

Rosy Soil: $3.6 Million (Seed) Raised For Creating Gardening Soil From Captured Carbon Dioxide

By Amit Chowdhry ● Dec 6, 2024

Rosy Soil, a sustainable soil company built to offset the negative environmental impact of producing traditional peat-based potting mixes, announces closing a $3.6 million seed round. This funding will advance the company's mission to transform the horticulture industry by creating high-performance soils that capture carbon dioxide.

Syte: Majority Stake Investment From Pereg Ventures

By Amit Chowdhry ● Dec 6, 2024

Syte, an AI-powered product recommendation engine built from the ground up for apparel e-commerce, announced that New York-based Pereg Ventures has acquired a controlling stake in the company. This strategic deal, led by Pereg and including Magma VC, MizMaa, and Stardom Ventures, marks the start of a transformative new chapter for Syte, now under the leadership of Ziv Ben-Barouch, Co-Founder of Pereg Ventures and Syte's newly appointed CEO.

Why Experian Is Buying Audigent

By Amit Chowdhry ● Dec 6, 2024

Global data and technology company Experian announced it has acquired Audigent, a leading data activation and identity platform in the advertising industry. This deal further expands Experian’s deeply integrated marketing data and identity capabilities in the advertising ecosystem.

HappyRobot: AI-Based Voice Solutions Company Raises $15.6 Million (Series A)

By Amit Chowdhry ● Dec 6, 2024

HappyRobot, a pioneer in AI-based voice solutions for the logistics sector, announced it has secured $15.6 million in Series A funding. The funding round was led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic industry investors, including RyderVentures.

Why Aya Is Acquiring Cross Country Healthcare For About $615 Million In Cash

By Amit Chowdhry ● Dec 6, 2024

Aya Healthcare and Cross Country Healthcare announced that they have entered into a definitive agreement whereby Aya will acquire Cross Country for $18.61 per share in cash in a transaction valued at about $615 million. The all-cash transaction represents a premium of 67% to Cross Country’s closing price on December 3, 2024, and a premium of 68% to the volume-weighted average trading price for the 30-day trading period ended December 3, 2024.

Sola: Insurtech Company Raises $3.7 Million (Seed)

By Amit Chowdhry ● Dec 6, 2024

Insurtech company Sola announced the closing of its seed round. Led by FINTOP Capital, with participation from Overline, 10vc, Karuna VC, and prominent insurance executives—bringing total funding to $3.7 million. The funding supports Sola's mission to provide homeowners and businesses with reliable and affordable natural disaster insurance.

Scalestack: Orchestration And Agentic Platform Secures $3 Million

By Amit Chowdhry ● Dec 6, 2024

Scalestack, a go-to-market (GTM) orchestration and agentic platform that enables enterprise teams to scale faster, announced it raised $3 million in funding from investors including Criteria Venture Tech, Sentiero VC, Exor Ventures, Geek Ventures, and more. This funding will accelerate Scalestack's mission to help companies like Harness, Redis, and MongoDB revolutionize their GTM Ops at scale.

Across AI: Agentic AI Company Secures Seed Funding

By Amit Chowdhry ● Dec 6, 2024

Across AI, a new company pioneering Agentic AI for enterprise workflows, announced it has raised an oversubscribed seed round to bring to market the industry's first enterprise sales AI supported by next-generation agentic memory. The funding was co-led by Village Global (a venture firm backed by some of the most successful entrepreneurs, including Mark Zuckerberg and Eric Schmidt, and chaired by Reid Hoffman) and also co-led by early Dropbox investor Bobby Yazdani at Cota Capital.

Illumion: £2.1 Million (Seed) Raised For Developing Advance Battery Technology

By Amit Chowdhry ● Dec 5, 2024

Illumion - a University of Cambridge battery development technology spin-out company - announced it closed £2.1 million in seed funding led by Foresight Ventures, with additional participation from Cambridge Enterprise Ventures, Parkwalk Advisers and Cambridge Angels.

Saltbox Mgmt: Salesforce-Based B2B And D2C Digital Commerce Management Company Raises Funding

By Amit Chowdhry ● Dec 5, 2024

Saltbox Mgmt, a leader in Salesforce-based B2B and D2C digital commerce and order management, announced the closing of its latest funding round. The funding round - which was led by Salesforce Ventures with follow-on investment from Traction Capital - marks a major moment for Saltbox Mgmt, positioning the company to accelerate growth and deepen its impact across the Salesforce ecosystem.

Fiamma: Bitcoin And ZK Infrastructure Company Raises $4 Million (Seed)

By Amit Chowdhry ● Dec 5, 2024

Fiamma - a Bitcoin and ZK infrastructure company transforming Bitcoin into a dynamic and programmable asset - announced an oversubscribed $4M seed round investment led by Lightspeed Faction and L2IV. And additional participating investors include Astera Ventures, Contribution Capital, Sat Ventures, Chapter One, and FoundersHead.