Archives

Digital Health Company MiSalud Reveals $8 Million In Funding

By Amit Chowdhry ● Dec 9, 2024

MiSalud Health, a leading digital health platform providing affordable same-day bilingual telehealth consults (Spanish/English) in the U.S. and Mexico, announced that co-founder Bismarck Lepe has been appointed CEO. MiSalud Health also announced that Samsung Next participated in a recent $8 million funding round. Samsung Next was also joined by Ulu Ventures, Magnify Ventures, and Lowercase Capital.

GDS International: Series B Equity Raise Upsized To $1.2 Billion

By Amit Chowdhry ● Dec 9, 2024

GDS International GDSI) - a leading data center pioneer based in Singapore - announced that it has entered into amendments to the definitive agreements for the Series B Convertible Preferred Shares new issue initially announced on October 29, 2024, as a result of which the new issue has been upsized from $1 billion to $1.2 billion at the same pre-money equity valuation.

Orphagen Pharmaceuticals: Up To $1.7 Million NIH Funding Award Received For Advancing Inflammatory Bowel Disease Drug

By Amit Chowdhry ● Dec 9, 2024

Orphagen Pharmaceuticals - a biotech company pioneering the screening, discovery, and development of small molecule ligands that modulate orphan or unexplored members of the nuclear receptor family - announced an award of up to $1.7 million from the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK) through the Small Business Innovation Research (SBIR) program. This funding will support the preclinical development of the small molecule OR-812, a selective nuclear receptor antagonist, as a novel oral therapeutic for treating ulcerative colitis and Crohn’s disease, two forms of inflammatory bowel disease (IBD).

Pixxel: Space Tech Company Raises $24 Million (Series B Extension)

By Amit Chowdhry ● Dec 9, 2024

Pixxel - a US-India-based space technology company building the world's highest-resolution hyperspectral satellite constellation - announced the closing of $24 million in additional funding as part of its Series B round. This new funding brings the total Series B funding to $60 Million. With this round, Pixxel has raised $95 million across all funding rounds.

Air Industries Group: $11 Million Contract Secured For Landing Gear Assemblies For The US Navy E-2D Advanced Hawkeye Aircraft

By Amit Chowdhry ● Dec 9, 2024

Air Industries Group, a leading manufacturer of precision components and assemblies for large aerospace and defense prime contractors, announced that it has secured a follow-on contract valued at over $11 million for landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft. And Air Industries has been a key supplier to the E-2 family of aircraft for decades, underscoring its long-standing role in supporting critical defense programs.

Solar Landscape: $847 Million Raised In Project Investment And Financing This Year

By Amit Chowdhry ● Dec 9, 2024

Solar Landscape, the nation's leading commercial and industrial rooftop solar developer, announced it has secured $847 million in project investment and financing this year. This transactional volume—the largest ever in a single year for the company—will enable Solar Landscape to deploy more than 200 commercial rooftop solar installations across the country, enough to power well over 50,000 households.

Cala Health: Bioelectronic Medicine Leader Raises $50 Million (Growth Round)

By Amit Chowdhry ● Dec 9, 2024

Cala Health - a non-invasive bioelectronic medicine leader - announced it has raised the initial closing of an oversubscribed $50 million growth round, co-led by Vertex Growth Fund and Nexus NeuroTech Ventures. And all existing Cala investors participated in the round, including Action Potential, Johnson & Johnson (through its corporate venture capital organization, Johnson & Johnson Innovation – JJDC, Inc.), Lightstone, Lux Capital, GV (Google Ventures), OSF Ventures, Ascension Ventures, TriVentures, Reimagined Ventures, Peak6 and Fiscus.

Antag Therapeutics: €80 Million (Series A) Closed To Develop Novel Treatments For Obesity

By Amit Chowdhry ● Dec 9, 2024

Antag Therapeutics - a next-generation biopharmaceutical company pioneering novel treatments for obesity - announced the closing of an €80 million Series A funding round. This round was led by Versant Ventures, with participation from Novo Holdings, SR One, Dawn Biopharma (a platform controlled by KKR), Pictet, Longview Ventures (an affiliate of Broadview Ventures), and Export and Investment Fund of Denmark (EIFO).

miDiagnostics: €30 Million (Series D) Raised To Accelerate Development Of Sterility Test

By Amit Chowdhry ● Dec 9, 2024

miDiagnostics announced the completion of a €30 million Series D funding round led by Thermo Fisher Scientific. This funding will accelerate the development of a groundbreaking sterility test for batch release and related quality control tests for the BioPharma Industry, utilizing miDiagnostics’ proprietary qPCR technology.

enSights: Cloud-Based Clean Energy Optimization Company Raises $10 Million (Series A)

By Amit Chowdhry ● Dec 9, 2024

enSights, a cloud-based clean energy optimization and management platform company, announced that it raised a $10 million Series A funding round, co-led by venture capital firms JAL Ventures and XT VC, with the participation of the Menomadin Foundation.

Offcall: Doctor-Focused Career Platform Company Raises $2 Million

By Amit Chowdhry ● Dec 9, 2024

Offcall, a financial and career platform built by and for physicians, announced it officially launched to address the growing career and financial challenges doctors face in a challenging healthcare landscape. And Offcall raised $2 million, with participation from Bloomberg Beta, Roar Ventures, and 26 leading physicians across the U.S. including Shiv Rao, MD, Founder and CEO of Abridge, Joseph Habboushe, MD, CEO and co-founder of MDCalc, and Cheri Blauwet, MD, Paralympian and sports medicine physician.

EvenFlow AI: $1.5 Million (Seed) Raised For Transforming Automotive Service Lane Capacity

By Amit Chowdhry ● Dec 9, 2024

EvenFlow AI - a leader in AI-based capacity and revenue optimization solutions for automotive dealership service departments - announced the closing of a $1.5 million seed round led by Automotive Ventures and FM Capital. This funding round will advance the company's mission to revolutionize service lane capacity management and revenue growth for automotive dealerships across North America.

Upwind: Cloud Security Provider Secures $100 Million (Series A)

By Amit Chowdhry ● Dec 9, 2024

Upwind - a next-generation cloud security provider - announced it has raised $100 million in Series A funding. The funding round was led by David Sacks' Craft Ventures. It was joined by new investors TCV and Alta Park Capital, and all of Upwind's existing investors, including Greylock, Cyberstarts, Leaders Fund, Cerca and Sheva-founded by NBA Champion Omri Casspi.

Alveron Pharma: €5 Million (Seed Extension) Raised To Advance Intracranial Haemorrhage Therapy

By Amit Chowdhry ● Dec 9, 2024

Alveron Pharma announced the closing of a €5 million Series Seed extension financing (about $5.28 million) to advance the development of its innovative drug, OKL-1111, to treat intracranial hemorrhage (ICH). And the syndicate is led by Broadview Ventures and includes the participation of all existing investors including Sanquin (the Dutch Blood Foundation), Thuja Capital, Waterman Ventures and Oost NL.

HubSpot To Buy AI-Based Conversation Intelligence Platform Frame AI

By Amit Chowdhry ● Dec 9, 2024

HubSpot has agreed to buy Frame AI, an AI-based conversation intelligence platform. Frame AI’s technology transforms unstructured data, such as emails, calls, meetings, and conversations, into real-time insights and actionable recommendations, enabling businesses to anticipate customer needs and deliver exceptional experiences.

Element451: AI-Based Student Engagement Platform Company Raises $175 Million

By Amit Chowdhry ● Dec 9, 2024

Element451, a leading AI-based student engagement platform transforming higher education recruitment and retention, announced a strategic investment from PSG. The funding aims to position the company to meet the growing demand for AI-based student engagement solutions in higher education and other learning-based settings.

Rivery: Interview With Head Of Product Marketing Ariel Pohoryles About The Data Integration Company

By Amit Chowdhry ● Dec 9, 2024

Rivery is a company that simplifies data integration for businesses of any size to build strong, secure, and unified data infrastructures, bringing together over 200 fully managed data services into a single platform. Pulse 2.0 interviewed Rivery’s Head Of Product Marketing Ariel Pohoryles to learn more about the company.

Connexa Capital: Interview With Managing Partner Jonathan Beda About The Venture Firm

By Amit Chowdhry ● Dec 9, 2024

Connexa Capital is a venture capital firm investing in early-stage companies with strong business fundamentals and sustainable growth strategies. Pulse 2.0 interviewed Connexa Capital managing partner Jonathan Beda to learn more about the firm.

System Two Security: $7 Million Raised To Bring A New Level Of AI To Detection Teams

By Amit Chowdhry ● Dec 9, 2024

System Two Security - a cybersecurity startup built on an AI agent foundation that advances Detection Engineering - announced it raised $7 million in funding led by Costanoa Ventures, with participation from security-focused investor Runtime Ventures and The Hive and Webb Investment Network. The round was also joined by individual investors, including technology veterans Scott McNealy (former CEO of Sun Microsystems), Frederic Kerrest (co-founder of Okta), Ash Devata (CEO of GreyNoise), and others. System Two aims to help security teams deal with advances in attack sophistication and frequency due to attackers adopting GenAI.

AI Studios: Interview With Founder & CEO Eric Seyoung Jang About The Realistic AI Avatar Company

By Amit Chowdhry ● Dec 9, 2024

AI Studios is a leading company in artificial intelligence, providing innovative solutions that enhance human interaction and media content creation. Pulse 2.0 interviewed AI Studios founder and CEO Eric Seyoung Jang to learn more about the company.

Keragon: Interview With Co-Founder Conno Christou About The HIPAA-Compliant Automation Platform

By Amit Chowdhry ● Dec 9, 2024

Keragon is known as a rapidly-growing, AI-powered and HIPAA-compliant automation platform for healthcare. Pulse 2.0 interviewed Keragon co-founder Conno Christou to learn more about the company.

Crossed: Interview With Co-Founder & CEO Manny Manzel About The Geolocation Networking Platform

By Amit Chowdhry ● Dec 9, 2024

Crossed is a platform that leverages geolocation technology to facilitate serendipitous encounters, enabling users to cross paths with like-minded individuals in their vicinity. Pulse 2.0 interviewed Crossed co-founder and CEO Manny Manzel to learn more about the company.

Obra Capital: First CLO Offering Closed For $403.75 Million

By Amit Chowdhry ● Dec 9, 2024

Obra Capital, an asset management firm with a specialized approach to alternative investing, announced the final closing of its inaugural Collateralized Loan Obligation offering (CLO). Obra CLO 1 - at over $400 million in size, further diversifies Obra’s strategies in alternative assets and structured credit and underscores its ongoing commitment of providing various strategies aimed at delivering long-term value for investors.

Norton Rose Fulbright: Kessar Nashat Named As US Co-Head of Corporate, M&A and Securities

By Amit Chowdhry ● Dec 9, 2024

Global law firm Norton Rose Fulbright announced the appointment of New York partner Kessar Nashat as its US Co-Head of Corporate, M&A and Securities. And he joins Dallas partner Scarlet McNellie in this leadership role, which she has held for more than five years.

Playgama: HTML5 Game Platform Company Raises $3 Million

By Amit Chowdhry ● Dec 9, 2024

Playgama, a game tech platform designed to give HTML5 developers access to the whole web market at once, has raised $3 million in a funding round led by The Open Platform (TOP) and s16vc. The round is also backed by FJ Labs, The Games Fund, TON Ventures, and Kirill Eves, CEO and Founder of Unlimit.

GROWL: Connected Fitness Company Raises $4.75 Million (Seed)

By Amit Chowdhry ● Dec 9, 2024

Connected fitness company GROWL emerged from stealth to launch a groundbreaking product: a boxing bag transformed into a personal, at-home boxing & fitness coach. And GROWL’s product reveal is backed by $4.75 million in seed funding from a notable group of investors, including lead investor Skip Capital, along with Kima Ventures, Teampact Ventures, and former UFC Heavyweight Champion Ciryl Gane.

MakersHub: Accounts Payable Company Raises $7 Million (Additional Seed)

By Amit Chowdhry ● Dec 9, 2024

MakersHub, a next-generation accounts payable platform for data-driven businesses and their accounting partners, announced it has raised an additional $7 million of Seed funding. QED Investors and TTV Capital led the round, which brings MakersHub’s total funding to $11.5 million.

PhotoniCare: Medical Device Company Raises $4.6 Milloin

By Amit Chowdhry ● Dec 9, 2024

PhotoniCare - a medical device company dedicated to delivering innovation to frontline care that demonstrably enhances patient outcomes - announced that it has secured $4.6 million in Series B funding, formed a manufacturing partnership with Gentex Corporation for its FDA-cleared OtoSight Middle Ear Scope, and finalized the relocation of its headquarters from Champaign, Illinois to Grand Rapids, Michigan. The new funding is the first close in an expected $9 million round.

NetBird: €4 Million Raised For Developing Open-Source Network Security Solution

By Amit Chowdhry ● Dec 9, 2024

NetBird, a Berlin-based company developing an open-source network security solution, has raised €4 million in seed funding. The funding round was co-led by InReach Ventures and existing investor Nauta, with participation from Antler and a grant from the German Federal Ministry of Education and Research, showcasing support from both private and public institutions.

Mariner Adding $878 Million In AUM Through Acquisitions

By Amit Chowdhry ● Dec 9, 2024

Leading national financial services firm Mariner announced it has acquired Sarasota, Florida-based Atlas Financial and Newport Beach, California-based Newport Advisory in a pair of deals that will bring the firm a combined total of approximately $878 million in assets under management.