Archives

RoundShield: Fund V Closed At Over $1 Billion

By Amit Chowdhry ● Sep 24, 2024

RoundShield, a private investment firm focused on European asset-backed private credit opportunities and capital solutions, has successfully closed RS Fund V with over $1 billion in investor commitments. This is the largest fund in RoundShield’s 11-year history and is nearly $150 million above its fundraising target.

DLA Piper: Cristina Gabardi Named As Partner In Milan Office

By Amit Chowdhry ● Sep 24, 2024

DLA Piper announced the strengthening of its Corporate and Insurance capability with the appointment of Cristina Gabardi as a partner in its Milan office.

Baker McKenzie: Dirk Horcher Named As Partner In Germany

By Amit Chowdhry ● Sep 24, 2024

Baker McKenzie is expanding its global M&A practice with the addition of Dirk Horcher, who joins as a partner on October 1, 2024, and will be based in the Firm's Munich office. And Horcher joined from Linklaters, where he started in 2006 and has been a partner since 2017.

Paul Hastings: Keith Schomig Joins Firm As Partner In Washington, D.C.

By Amit Chowdhry ● Sep 24, 2024

Paul Hastings LLP announced that Keith Schomig has joined the firm as a partner in Washington, D.C. Joining from White & Case, Schomig specifically focuses on the areas of national security reviews before the Committee on Foreign Investment in the United States (CFIUS) and non-U.S. equivalent agencies (FDI), and foreign ownership, control, or influence (FOCI) mitigation matters before the U.S. Departments of Defense and other national security agencies.

Sequent: Interview With Co-Founder & CEO Shai Bargil About The Cryptographically-Secure Online Voting Platform

By Amit Chowdhry ● Sep 23, 2024

Sequent is a company that is pioneering the world's first open-source and cryptographically-secure online voting platform for private and public sector elections. Pulse 2.0 interviewed Sequent co-founder and president Shai Bargil to learn more about the company.

GetSetUp: Interview With Co-Founder Lawrence Kosick About This Senior-Focused Learning Platform

By Amit Chowdhry ● Sep 23, 2024

GetSetUp is a mission-driven technology company dedicated to empowering older adults through learning and services. Pulse 2.0 interviewed GetSetUp co-founder Lawrence Kosick to learn more about the company.

Koltin: Mexican Senior Healthcare And Insurance Company Secures $7.3 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

Koltin, which is the first company in Mexico to offer private health insurance coverage to seniors, announced the closing of a $7.3 million Series A funding round led by Left Lane Capital. This funding round, which includes participation from previous investors, will fuel Koltin's mission to improve the health and financial resilience of aging Mexicans and their families.

Twelve: Carbon Transformation Company Raises $645 Million

By Amit Chowdhry ● Sep 23, 2024

Twelve, a carbon transformation company that converts captured carbon dioxide into valuable chemicals, fuels, and other essential products typically made from fossil fuels, announced $645 million in funding. This funding is based on a strategic mix of capital which includes $400 million in project equity led by TPG Rise Climate, $200 million in Series C funding, and an additional $45 million in credit facilities from leading funders in the renewable energy sector marking this as one of the largest financing rounds to date in the e-fuels space.

Canopie: Prevention-Focused Maternal Health Company Raises $3.7 Million (Seed)

By Amit Chowdhry ● Sep 23, 2024

Canopie—a prevention-focused maternal health company—announced it has raised a $3.7 million seed funding round, co-led by Beta Boom and Aeroflow Health. Additional investors include the Sorenson Institute, Luminary Impact Fund, Symphonic Capital, Techstars, and a family office. These funds will be used to expand personalized, virtual mental health care covered by insurance and address social drivers of health (SDoH) for moms across all levels of risk in the US.

Era Ventures: $88 Million Fund Closed To Invest In Positive Change Startups

By Amit Chowdhry ● Sep 23, 2024

Era Ventures, a VC firm focused on investing in a broad range of business model innovations to catalyze positive change in the built world, announced the launch of its inaugural $88 million fund. And Era Ventures will deploy capital across multiple stages and a full spectrum of sector-focused innovations, from enablement technologies that improve existing processes to truly disruptive platforms that reshape the industry.

Aerospike: Interview With CEO Subbu Iyer About The Real-Time Database Scaling Company

By Amit Chowdhry ● Sep 23, 2024

Aerospike is a real-time database built for infinite scale, speed, and savings. Pulse 2.0 interviewed Aerospike CEO Subbu Iyer to learn more about the company.

Marstone: Interview With Founder & CEO Margaret Hartigan About The Wealth Planning Platform

By Amit Chowdhry ● Sep 23, 2024

Marstone is a leading digital investment and goal-based firm that aims to enhance financial literacy, deepen financial inclusion, and humanize finance for all. Pulse 2.0 interviewed Marstone's Founder and CEO, Margaret Hartigan, to learn more about the company.

CliniComp’s Cutting-Edge Electronic Health Record (EHR) Solution Suite: Interview With VP Of Sales Kem Graham

By Amit Chowdhry ● Sep 23, 2024

The CliniComp solution suite is an integrated web-based EHR with an architectural framework conquering ever-evolving interoperability, scalability, adaptability, and real-time performance data challenges to provide a longitudinal patient record. Pulse 2.0 interviewed CliniComp VP of Sales Kem Graham to learn more about the company.

arqu: Wholesale Insurance Brokerage Company Raises $10 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

arqu, a tech-focused wholesale insurance brokerage transforming how large-scale, complex commercial risks are transacted, announced a $10 million Series A funding round, led by Crosslink Capital with participation from Intact Ventures. arqu also saw continued support from all existing investors, Lightspeed Venture Partners, Foxe Capital and Nationwide Ventures.

Hippocratic AI Receives Investment From NVIDIA’s Venture Arm Ventures

By Amit Chowdhry ● Sep 23, 2024

Hippocratic AI, a company building the first safety-focused Large Language Model (LLM) for healthcare, announced it has received an investment from NVentures, NVIDIA’s venture capital arm in its recently closed extended Series A round.

Rebelstork: Baby Gear Returns Recommerce Marketplace Raises $18 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

Rebelstork, which is North America's largest and most trusted baby gear returns recommerce marketplace, announced a new round of investment that will help the company to build on its innovative solution to the baby gear industry's pressing returns crisis. This $18 million Series A round was led by Maveron Ventures with participation from Serena Ventures, Marcy Venture Partners, and existing seed investor Golden Ventures.

Fathom: AI-Based Meeting Intelligence Company Secures $17 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

Fathom, an AI-based meeting intelligence platform that enables teams to have more productive conversations, announced it raised $17 million in Series A funding led by Telescope Partners. Fathom’s seed investors include Maven Ventures, Character, Active Capital, and Rackhouse Ventures. The company also reserved 10% of the round for its users, who invested over $2 million via the crowdfunding platform Wefunder in two weeks.

Mercor: AI-Based Hiring Platform Company Closes $30 Million (Series A) At $250 Million Valuation

By Amit Chowdhry ● Sep 23, 2024

Mercor - an AI hiring platform that enables top tech companies and leading AI labs to hire experts across software engineering, law, chemistry, finance, etc - announced it raised $30 million in Series A funding at a $250 million valuation. The funding round was led by Victor Lazarte and Bill Gurley at Benchmark, with participation from General Catalyst, Peter Thiel, Jack Dorsey, Adam D'Angelo, Larry Summers, Chris Re, and others. And Victor Lazarte of Benchmark will be joining the board to continue supporting Mercor's growth and development.

NetNow: Trade Credit Automation Platform Company Raises $1.8 Million (Pre-Seed)

By Amit Chowdhry ● Sep 23, 2024

NetNow, a modern trade credit automation platform that automates wholesalers' and distributors' credit and collections processes, announced $1.8 million in pre-seed funding. Ripple Ventures led the funding round, including Centre Street Partners, Antler, Motivate Venture Capital, and Day One Ventures. NetNow also received a grant from Intuit for earning the Most Customer Obsessed company award.

Intezer: AI-Based Autonomous Security Company Raises $33 Million (Series C)

By Amit Chowdhry ● Sep 23, 2024

Intezer, a leader in AI-based technology for autonomous security operations, announced that it has raised $33 million in Series C funding. The funding round was led by Norwest Venture Partners, with participation from all existing investors, including Intel Capital, OpenView, Magma, and Alon Cohen (founder of CyberArk).

Cybord: Component AI Solution Company Secures $8.7 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

Cybord, a visual AI solution ensuring electronic component quality, authenticity, and traceability, announced that it had secured $8.7 million in Series A funding led by Capri Ventures, with participation from Ocean Azul Partners and existing investors IL Ventures and NextLeap Ventures, among other new and current investors.

AttoTude: Data Center Application Interconnection Technology Company Raises $29 Million (Series A)

By Amit Chowdhry ● Sep 23, 2024

AttoTude, a leader in interconnect technology for AI and hyperscale data center applications, announced it has raised a Series A funding round of $29 million. This latest funding round shortly follows AttoTude’s initial Seed Round, which was $11 million in March 2024. These funding rounds were based on a combination of prominent investors, including Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital.

Roots Automation: AI-Based Digital Coworker And InsurGPT Company Secures $22.2 Million (Series B)

By Amit Chowdhry ● Sep 23, 2024

Roots Automation, the creator of the AI-Based Digital Coworker and InsurGPT (the world's first generative AI model for insurance), announced the closing of a $22.2 million Series B funding round. Harbert Growth Partners led the round, which also included follow-on investments from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures.

Arzeda: Protein Design Company Closes $38 Million In Funding

By Amit Chowdhry ● Sep 23, 2024

Protein design company Arzeda announced it has raised $38 million in funding. This funding round includes new investments from Sofinnova Partners, Fall Line Capital, Sucden Ventures, Silver Blue, and the venture arm of W.L. Gore & Associates (makers of Gore-Tex), which has been in a joint development agreement with Arzeda since 2022. And the previous investors also participated in the round, including the venture arm of the Continental Grain Company, Bunge Ventures, and Lewis & Clark Agrifood.

Orb: Modern Billing Platform Company Raises $25 Million (Series B)

By Amit Chowdhry ● Sep 22, 2024

Orb, a modern billing platform company that reimagines how businesses monetize software, announced it raised $25 million in Series B funding led by Mayfield. Existing investors Menlo Ventures, Greylock Partners, South Park Commons, Basecase, and Scribble Ventures and new investor Uncorrelated Ventures participated in this latest round.

Serán Bioscience: $200 Million Strategic Growth Transaction Raised

By Amit Chowdhry ● Sep 22, 2024

Serán Bioscience, a leading contract development and manufacturing organization (CDMO) providing a comprehensive suite of development, analytical and manufacturing services to pharmaceutical and biotechnology companies, announced a strategic growth transaction of more than $200 million. And Bain Capital Life Sciences led the deal while existing investor Vivo Capital remains a key shareholder in the company.

Hgen: $5 Million (Seed) Secured To Decarbonize Heavy Industry

By Amit Chowdhry ● Sep 22, 2024

Hgen, a company that makes clean hydrogen to decarbonize heavy industry, announced the closing of a $5 million seed financing round. Seven Seven Six led the round, including Founders Fund and Fontinalis Partners. Hgen will use this funding to accelerate the commercial deployment of its technology at customer sites.

Hydden: Identity Visibility Company Closes $4.4 Million (Seed)

By Amit Chowdhry ● Sep 22, 2024

Identity visibility company Hydden announced it raised $4.4 million in seed funding led by Access Venture Partners. And the other investors include Lockstep, the venture fund of CISOs Rinki Sethi and Lucas Moody, Service Provider Capital, and several cybersecurity angel investors including Andy Grolnick and Paul Trulove.

webAI: AI Development Platform Raises Funding At $700 Million Valuation

By Amit Chowdhry ● Sep 22, 2024

webAI – an AI-based development platform that provides enterprises with localized AI infrastructure and offers a superior solution to existing cloud-based models – announced two milestones.

GreenLite: Construction Technology Company Secures $28.5 Million (Series A)

By Amit Chowdhry ● Sep 22, 2024

GreenLite, a construction technology company making permitting faster and more predictable for builders, developers, and municipalities, announced a Series A funding round of $28.5 million, led by Craft Ventures with participation from 53 Stations, Trust Ventures, and LiveOak Ventures. This new funding round is taking place less than a year after GreenLite's launch from stealth.