Archives

Vouch, a hiring platform for creators, announced an acquisition by MrBeast. Launched by four-time creator economy founder Marty Pesis, the company has created a network matching 35,000+ candidates with hundreds of jobs from top creators such as Yes Theory, Jesser, Stokes Twins, Safiya Nygaard, Danny Duncan, AMP, etc. MrBeast plans to use Vouch for supercharging internal hiring efforts before continuing to scale it externally.

StrataPT, a billing-aware practice management platform for outpatient therapy clinics, announced it raised $25 million in financing led by Council Capital. This funding round comes as StrataPT experiences substantial growth, led by demand for its SaaS-based platform, which combines Electronic Medical Records (EMR), Revenue Cycle Management (RCM), billing, and collections into a single solution that helps practitioners improve cash flow and focus on patient care.

WholeTrees Structures, a national leader and unrivaled expert in engineering unmilled timber for commercial construction, announced a $1 million investment from the U.S. Endowment for Forestry and Communities as part of the Endowment’s inaugural mission-related investment (MRI) program.

Mumbai-based global healthcare AI company Qure.ai announced it raised a $65 million Series D funding round. This funding round will expedite expansion in the US market and other geographies, invest more in foundational AI models, and enable complementary med-tech company acquisitions.

Overjet is the world leader in dental AI. Pulse 2.0 interviewed Overjet CEO Wardah Inam to learn more about the company.

Pallet - a unified transportation and warehouse management system, today announced an $18 million Series A led by Bain Capital Ventures with participation from Bessemer Venture Partners and Activant Capital. And several angel investors also participated, including Zach Frankel, Toast founders Aman Narang and Steve Fredette, Dutchie CEO Tim Barash, Home Depot board member Manuel Kadre, and Cedar Capital partner John Curtius.

Augmodo is a real-time inventory and task tracker that uses wearable SmartBadges for creating live 3D store maps.The company announced it has raised $5.3 million in seed funding.

TRAY, a leader in cloud-native enterprise-class POS systems, announced it has expanded its existing partnership with Alraedah Finance, a digital solutions provider based in the Kingdom of Saudi Arabia. Alraedah made a significant financial investment in TRAY, further empowering the technology provider to develop its cutting-edge POS system and support its Enterprise customers. Alraedah Digital Solutions, a division of Alraedah Finance, will provide additional resources and expertise in data analytics, product development, and third-party integrations.

Billables AI, an AI-based platform for professional service providers that streamlines operations with its flagship AI-powered timekeeping solution, announced it raised $3.9 million in seed funding led by Wing VC with participation from F7, SignalFire, Darkmode, Alumni Ventures, and a group of AI leaders and industry veterans like angel investors from Google, Stanford, SambaNova, and more.

Neutreeno, a deep tech startup spinning out of the University of Cambridge, announced it secured a $5 million Seed round with support from a global syndicate of mission-aligned investors.

Harmonic Security announced it has secured $17.5 million in Series A funding to bring its unique zero-touch data protection capabilities to enterprises. Since the company launched in October last year, the total funding has reached over $26 million, with enterprise customers already in double figures.

iAsk, an AI Answer Engine built for Gen Z, announced it has raised $4.2 million in seed funding led by Corazon Capital, with participation from Chingona Ventures, Starting Line VC, Alumni Ventures, Listen VC, Motivate VC, Octava Singapore, Chicago Early Growth Ventures, and several prominent angel investors. Along with this round, iAsk also revealed that it has successfully processed over 350 million search queries since launching last year. Plus, iAsk soft-launched its API for businesses and developers, which already has a waitlist of over 7,000 unique potential customers.

Vizit, a leader in Visual AI software for global brands and retailers, announced a $25 million Series B round led by Industry Ventures to accelerate its mission to use Visual AI to completely transform how brands connect with their audiences worldwide using visual content.

Powin, a leader in battery energy storage solutions, announced today that it has successfully secured a revolving credit facility of up to $200 million primarily from insurance accounts managed by KKR, a leading global investment firm. This facility will be instrumental in supporting Powin’s working capital needs, driving continued innovation, and enhancing its financial flexibility as it expands its leadership position in the storage industry.

Triveni Bio, a biotech company advancing novel antibody treatments for I&I disorders, announced a $115 million Series B to support pipeline expansion. The funding round was led by Goldman Sachs Alternatives with significant participation from additional new investors Fidelity Management & Research Company and Deep Track Capital, and Series A investors Atlas Venture, Cormorant Asset Management, OrbiMed, Viking Global Investors, and Invus.

KOHO announced that it has raised $190 million in additional capital, $40 million of which is equity and $150 million in debt. This new funding will drive growth, the expansion of KOHO’s lending book and new innovative products, and continued progress towards a Schedule 1 bank license.

LoQus23 Therapeutics, a private biotechnology company investigating small molecule drugs that could stop DNA instability and slow neurodegeneration in Huntington's Disease, myotonic dystrophy type 1, and similar triplet repeat expansion diseases, announced the closing of its £35 million (c.$43 million) Series A financing. The funding round was led by Forbion, alongside existing investors SV Health Investors' Dementia Discovery Fund (DDF) and Novartis Venture Fund (NVF). Forbion General Partner Rogier Rooswinkel will join LoQus23's Board of Directors.

United Solar Holding, a manufacturer of high-purity polysilicon for the global solar PV industry, announced a strategic investment from Future Fund Oman (FFO) - which was launched by the sovereign wealth fund of Oman. And FFO is investing OMR 60 million (equivalent to US$156 million) in United Solar, which is building a state-of-the-art 100,000-ton polysilicon factory in Sohar Port and Freezone, a key player in the global trade network, offering unparalleled access to world markets.

HOMAGE, a vintage-inspired sports, and licensed apparel brand announced the closing of its latest growth capital round. And after being kicked off with an initial investment from Ryan Reynolds' Maximum Effort, several prominent figures and organizations joined the round, including Winnie Capital (led by NFL star Jason Kelce), More Better (led by Emmy-winning creator, actor, and entrepreneur Rob McElhenney), Adam Hansmann (co-founder of The Athletic), Haslam Sports Group (owners of the Cleveland Browns, Columbus Crew, and shared controlling owners of the Milwaukee Bucks), 35Ventures (headed by Kevin Durant and Rich Kleiman) and Wheelhouse 360. Adding this notable group of investors will strengthen HOMAGE's foothold in the sports, media, and entertainment industries.

Dexory, a leading robotics and data intelligence company, announced it has closed an $80 million Series B funding round. This funding round was led by DTCP, with participation from Latitude Ventures, Wave-X, and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic, and several angels from the logistics industry. DTCP’s Michael Rager joins Dexory’s board of directors as part of this investment.

Wealth Enhancement Group (a national independent wealth management firm with over $94.7 billion in client assets) announced the acquisition of FinTrust Capital Advisors, which is a hybrid RIA headquartered in Greenville, South Carolina, with additional office locations in Anderson, South Carolina, and Athens, Georgia. This team of 14 advisors and 13 support staff oversees more than $2.39 billion in client assets and is led by Chief Investment Officer Allen Gillespie, CFA.

Hightower announced that it facilitated a partnership between Altium Wealth Management, its associated team with offices in New York and Connecticut, and Kimberly Clouse, an established family wealth advisor in the Boston area. Together, they enhance their abilities to deliver customized wealth advisory services to a high-net-worth clientele nationwide.

Ansley Park Capital, a premier lending and specialty finance platform, announced a major milestone in its first full quarter. The company has funded $200 million across various industries, bringing the total originations to over $250 million since its inception.

Frazier Life Sciences (FLS), a healthcare investment firm focused on innovative therapeutics, announced it has closed on over $630 million in capital commitments to its evergreen Public Fund from new and existing investors in an oversubscribed fundraise.

HEST Investments—a Dallas-based venture capital family office known for its commitment to disruptive ventures—announced a recent investment in Valerion, a battery technology company based at the University of Michigan. This funding, which was finalized in June 2024, marks a notable moment in HEST Investments' ongoing mission to drive transformative change in science and technology.

Idea Financial, a leading provider of small business lines of credit, announced the closing of a new $50 million warehouse facility led by Performance Trust Capital Partners. This move significantly enhances Idea Financials' lending capacity and allows the company to increase its maximum loan limit to $350,000 for well-established small businesses.

DCVC announced it has closed over $700 million in new funds for a healthier planet and lives. The firm has committed to achieving venture-scale returns from companies whose success would bring humanity greater resilience, abundance, and equitability for investors.

Rogo - a secure enterprise AI platform built by and for finance professionals - announced an $18.5 million Series A funding round led by Khosla Ventures, with participation from Mantis VC, Jack Altman (CEO of Lattice and founder of Altman Capital), Eric Schmidt (former CEO of Google), and others. Keith Rabois (General Partner at Khosla Ventures, CEO of OpenStore, and four-time Midas List awardee) joins Rogo's Board of Directors. This round brings Rogo's total funding to $26 million.

HPC-AI Tech, an AI startup specializing in AI Software Infrastructure and Video Generation, announced it has raised $50 millionSeries A funding round. The company’s investors include prominent names such as Singtel Innov8, Sinovation Ventures, Capstone Capital, Greater Bay Area Homeland, Lingfeng Capital, and Stony Creek Capital, positioning the company for rapid growth in the AI space.

OpenAI announced it closed $6.6 billion in funding at a $157 billion post-money valuation. The investors were undisclosed but sources with the company said that the round was led by Thrive Capital. Microsoft, SoftBank, Khosla Ventures, Altimeter Capital, Fidelity, MGX, Tiger Global, and Nvidia also reportedly participated in the round. The $157 billion post-money valuation is reportedly up from $80 billion earlier this year and $29 billion last year. It is believed that some of the investors negotiated options to invest more capital in the company next year at the same valuation.