Archives

Waud Capital Partners Buying Science Exchange To Drive Life Sciences Innovation

By Amit Chowdhry ● Oct 2, 2024

Waud Capital Partners, a growth-oriented middle-market private equity firm specializing in the software and technology and healthcare sectors, announced the acquisition of Science Exchange - which is a leading provider of life sciences procurement and supplier management SaaS solutions. This deal marks a major milestone in Science Exchange’s journey and will enhance the company’s impressive performance, growth trajectory, and software capabilities. Plus, Waud Capital’s partnership will enable the company to accelerate its mission to transform the purchasing and supplier orchestration landscape for life sciences organizations.

Hartree Partners And Sprague Closes $662.5 Million Credit Facility

By Amit Chowdhry ● Oct 2, 2024

Hartree Partners and subsidiary Sprague Operating Resources announced the closing of a $662.5 million senior secured acquisition credit facility. This three-year facility—which has two one-year extension options—was built to support Hartree’s capital expenditures, liquidity needs, and future acquisition growth.

Tufin: Interview With CEO Raymond Brancato About The Security Policy Management Company

By Amit Chowdhry ● Oct 2, 2024

Tufin simplifies and automates the security policy management of some of the largest, most complex networks in the world, centralizing control across thousands of firewall and network devices and hybrid cloud infrastructures. Pulse 2.0 interviewed Tufin CEO Raymond Brancato to learn more about the company.

TPG Rise Climate Buying Techem For About €6.7 Billion

By Amit Chowdhry ● Oct 2, 2024

TPG Rise Climate, a dedicated climate investing strategy of TPG’s global impact investing platform, and GIC signed a deal to acquire Techem Group. The company will be acquired from its previous majority owner Partners Group (acting on behalf of its clients and co-investors CDPQ and Ontario Teachers' Pension Plan).

Raymond James Brings In $130 Million The Woodlands-Based Financial Advisor

By Amit Chowdhry ● Oct 2, 2024

Edward Sudzina, Western Gulf regional director for Raymond James & Associates (RJA), has welcomed financial advisor Miguel Velázquez to the firm's employee advisor channel in The Woodlands, Texas.

Vivun Unveils AI-Based Sales Engineer Platform Ava

By Amit Chowdhry ● Oct 2, 2024

Today Vivun has announced the launch of Ava, an AI-based Sales Engineer that is enabling sales, sales engineering, and customer success teams to operate with greater independence via on-demand technical expertise.

MAI Capital Management Onboards $238 Million Bolan Team

By Amit Chowdhry ● Oct 2, 2024

MAI Capital Management, a registered investment adviser specializing in comprehensive investment and financial planning for high-net-worth individuals and families, announced the acquisition of Bolan Capital Management (BCM). The terms of the deal were not disclosed.

FinanceHQ: Interview With Co-Founder & CEO Alex Choi About The Empowering Financial Advisor Connection Company

By Amit Chowdhry ● Oct 2, 2024

FinanceHQ connects individuals with trusted financial advisors and resources for a better financial future. Pulse 2.0 interviewed FinanceHQ co-founder and CEO Alex Choi to learn more about the company.

Dexory: Robotics And Data Intelligence Company Raises $80 Million

By Amit Chowdhry ● Oct 2, 2024

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

Idea Financial: $50 Million Warehouse Facility Secured To Expand Small Business Lending

By Amit Chowdhry ● Oct 2, 2024

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

Neuralogics: Interview With CEO & Co-Founder Jacob Laurvigen About The Company AI Framework

By Amit Chowdhry ● Oct 2, 2024

Neuralogics is a company that is leading AI innovation and is dedicated to creating purpose-driven AI systems that enables individuals and organizations to achieve their greatest potential. And the company’s Henrik.ai service is a groundbreaking AI framework that will transform the software industry by enabling anyone, regardless of technical expertise, to create fully functional software applications from a simple prompt. Pulse 2.0 interviewed Neuralogics CEO and co-founder Jacob Laurvigen to learn more about the company.

Impulse Space: In-Space Transportation Services Company Raises $150 Million (Series B)

By Amit Chowdhry ● Oct 2, 2024

Impulse Space, a leader in developing in-space transportation services, announced a $150 million Series B funding round led by Founders Fund. The round also included participation from other returning investors like Lux Capital and Spring Tide and attracting new investors, such as DCVC. Other participants in the funding round included Airbus Ventures, Alumni Ventures, Balerion Space Ventures, RTX Ventures, Tamarack Global, 137 Ventures, Elysium, First Principles Group, Island Green, Overmatch, and Trousdale Ventures.

Ostia Sciences: University Of Toronto Spinout Raises Over C$1 Million

By Amit Chowdhry ● Oct 2, 2024

Ostia Sciences, a spinout from the University of Toronto specializing in oral and respiratory microbiome solutions, announced it has raised over C $1 million in its seed round and secured full intellectual property (IP) transfer from the university.

Lucky Energy: Better-For-You Energy Drink Company Secures $11.75 Million (Series A)

By Amit Chowdhry ● Oct 2, 2024

Lucky Energy, a simpler and better-for-you energy drink company, announced the closing of an oversubscribed $11.75 million Series A led by Brand Foundry Ventures with additional investment from Imaginary Ventures, Sapphire Sport, and Sugar Capital, among others.

Gallant Capital Partners: Fund II Closed At $406 Million

By Amit Chowdhry ● Oct 2, 2024

Los Angeles-based Gallant Capital Partners announced the final closing of Gallant Capital Partners Fund II (GCP II) at $406 million, a meaningful increase over Gallant’s first fund. Gallant was launched in 2018 and has completed over 30 transactions to date with over $1.2 billion in assets under management.

Air Doctor: Travel Health Company Secures $20 Million (Series B)

By Amit Chowdhry ● Oct 2, 2024

Travel health leader Air Doctor announced that it has raised $20 million in series B funding in a round led by aMoon. Participation came from strategic investors Tokio Marine Holdings and Samsung Ventures (SVIC) and current shareholders Lightspeed Venture Partners, Vintage Investment Partners, Phoenix Insurance, and Munich Re Ventures.

DocJuris: AI Contract Company Raises Series A Funding

By Amit Chowdhry ● Oct 2, 2024

DocJuris, a leader in AI contract review, announced the closing of its Series A funding round, raising $8 million in new capital, bringing the total capital raised to date to $11.2 million. Silverton Partners, the most active venture capital firm in Texas, led the funding round, with participation from previous investors Watertower Ventures, Surface Ventures, and Seed Round Capital.

thebad.company Working With WeFunder In Raising $250 Million

By Amit Chowdhry ● Oct 2, 2024

Colorado-based venture studio, business accelerator, and investment group thebad.company announced a noteworthy partnership with WeFunder, aimed at raising $250 million over the next ten years. And the funds will be used to solve Colorado's critical challenges, focusing on workforce readiness, reshoring manufacturing, and transforming the artificial intelligence (AI) landscape.

SmartSKN: $7 Million Deal Signed With LillyCover Korea

By Amit Chowdhry ● Oct 2, 2024

AI-based beauty solutions leader SmartSKN partnered with LillyCover, a pioneer in Korean skincare technology. This $7 million deal grants SmartSKN exclusive rights to introduce AI-driven skincare robots to the U.S. market, combining the best of K-beauty with cutting-edge AI skincare personalization.

Numa: $32 Million (Series B) Raised To Transform Auto Dealerships

By Amit Chowdhry ● Oct 2, 2024

Numa, an AI-based platform transforming auto dealerships, announced a $32 million Series B funding round. Touring Capital, a growth stage firm focused on AI-powered software, and Mitsui & Co., a global conglomerate generating $1.2 billion in annual profit from automotive and mobility, led the round. Existing investors Costanoa Ventures, Threshold, and Gradient Ventures also participated.

Zenlytic: Business Intelligence Platform Company Raises $9 Million (Series A)

By Amit Chowdhry ● Oct 1, 2024

Self-serve business intelligence (BI) platform Zenlytic announced the successful closing of a $9 million Series A funding round. M13 led this funding round with participation from new and existing investors, including Bain Capital Ventures, Primary Ventures, Company Ventures, Correlation Ventures, 14 Peaks, and several strategic angel investors.

Bluebricks: $4.5 Million (Seed) Raised To Transform Cloud Infrastructure Management

By Amit Chowdhry ● Oct 1, 2024

Bluebricks, a cloud management platform based in Tel Aviv, announced a $4.5 million seed round, which will accelerate its technology and product development efforts. Flint Capital and Glilot Capital Partners led the funding round, which included investors such as Yochay Ettun, CEO of cnvrg.io (acquired by Intel), and Raz Shaked, Head of DevOps at Wiz.

Mozilla Reveals Funding For 14 AI Projects As Part Of Builders Accelerator Program

By Amit Chowdhry ● Oct 1, 2024

Mozilla has announced funding for 14 AI projects as part of its Builders Accelerator program. This program launched in June and supports independent AI and machine learning engineers by offering up to $100,000 in funding, mentorship, and visibility to foster innovation in local AI where models run directly on personal devices rather than relying on cloud services.

Frate: Toronto-Based Retail Returns Automation Company Raises C$3.6 Million

By Amit Chowdhry ● Oct 1, 2024

Frate, a Toronto-based startup transforming the retail returns process, announced it has raised C$3.6 million in an oversubscribed seed funding round led by Matchstick Ventures. This round saw participation from 2048 Ventures (NYC), Whitecap Venture Partners (Toronto), Closed Loop Venture Partners (NYC), and Better Ventures (San Francisco). With this latest funding round, Frate’s total funding is C$5.7 million.

Gainsight And SAP Launch Strategic Partnership To Increase Retention And Revenue Growth

By Amit Chowdhry ● Oct 1, 2024

Leading customer success platform Gainsight announced a strategic partnership with SAP, delivering a powerful integration between Gainsight CS and SAP Sales Cloud. And the integration will help businesses transform how they provide value-driven customer experiences at scale to maximize customer retention and revenue growth. Gainsight CEO Nick Mehta, President and COO Chuck Ganapathi, and SAP’s Senior Vice President, SAP CX Solution Management, Nitin Badjatia, recently discussed the partnership during SAP’s CX Live Event.

Menlo Security: Secure Enterprise Browser Company Surpasses $100 Million In ARR

By Amit Chowdhry ● Oct 1, 2024

Menlo Security, a pioneer of Secure Enterprise Browsers, announced that it has surpassed $100 million in annual recurring revenue (ARR) and achieved 50% growth in the last 24 months. Over 1,000 global enterprises and government agencies rely on Menlo Security to provide a safe and secure browsing experience on any browser and device.

Tillo: Interview With CEO & Co-Founder Alex Preece About The Rewards And Incentives Platform

By Amit Chowdhry ● Oct 1, 2024

Tillo is a global embedded rewards and incentives platform built for profitability. Pulse 2.0 interviewed Tillo CEO and co-founder Alex Preece to learn more about the company.

LiveFlow: Intelligent Finance And Accounting Company Raises $13.5 Million (Series A)

By Amit Chowdhry ● Oct 1, 2024

LiveFlow—an intelligent finance and accounting automation platform used by thousands of accounting firms and finance departments across the US—announced it has raised $13.5 million in Series A funding. The funding round, led by Valar Ventures, will support the launch of LiveFlow Next, a new line of reporting and analysis products.

Made By Dyslexia And Richard Branson Launch University Of Dyslexic Thinking

By Amit Chowdhry ● Oct 1, 2024

Sir Richard Branson and global charity Made By Dyslexia announced that they have joined forces to launch a free online university called ‘DyslexicU,’ which teaches the world how dyslexics think.

Apono: Cloud Access Governance Company Raises $15.5 Million (Series A)

By Amit Chowdhry ● Oct 1, 2024

Apono, a leader in privileged access for the cloud, announced the successful completion of its Series A funding round, raising $15.5 million. This funding round was led by New Era Capital Partners, with participation from Mindset Ventures, Redseed Ventures, Silvertech Ventures, initial seed investors, etc.