Archives

Matera: $100 Million Investment Raised From Warburg Pincus

By Amit Chowdhry ● Jul 25, 2024

Matera, a leading banking software provider, announced a $100 million investment from Warburg Pincus. This funding will expand the company into the North American market and further develop its products.

Antheia: Pharmaceutical Ingredient Producer Secures $17 Million In New Funding

By Amit Chowdhry ● Jul 25, 2024

Antheia, the pharmaceutical ingredient manufacturer transforming essential medicine supply chains, announced $17 million in new funding through a government project agreement through the Biopharmaceutical Manufacturing Preparedness Consortium (BioMaP-Consortium), along with matching support from new strategic investors.

akirolabs: ProcureTech Company Extends $5 Million Seed Round With 7-Digit Grant

By Amit Chowdhry ● Jul 25, 2024

akirolabs - a Berlin-based ProcureTech company enabling enterprises worldwide to augment strategic procurement processes - announced an extension to its recent $5 million seed funding with an additional 7-digit non-dilutive grant from Investitionsbank Berlin and the European Regional Development Fund (ERDF).

Micropep: Micropeptide Technology Leader Raises $29 Million

By Amit Chowdhry ● Jul 25, 2024

Micropep Technologies - a global leader in micropeptide technology, announced today a $29 million Series B funding round along with its proprietary discovery platform Krisalix. This funding round was led by Zebra Impact Ventures, and BPI Green Tech Investment. All existing investors, Fall Line Capital, FMC Ventures, Sofinnova Partners, Supernova Invest, and IRDI Capital Investissement also participated. This brought the company’s total funding to over $51.8 million.

Avantax Adds $150 Million S&P Financial Services Team

By Amit Chowdhry ● Jul 25, 2024

Avantax - a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management - announced it welcomed financial advisors John Surace, Kelly Powers and their S&P Financial Services team (based in Hauppauge, New York in the heart of Long Island). And transferring to Avantax from Osaic, the team has approximately $150 million in client assets under administration as of June 2024.

Serenus Wealth Advisors Launched By $1.2 Billion Team

By Amit Chowdhry ● Jul 25, 2024

Kara Boccella (a seasoned wealth advisor) and Devon Galindo, CFP, ChFC, AIF (a wealth advisor with 15+ years of experience serving high-net-worth clients) announced the launch of Serenus Wealth Advisors. The Santa Monica-based independent firm is focused on serving as a trusted partner for legal professionals, executives, entrepreneurs, and high-net-worth individuals and families nationwide.

Hanger Ventures Reveals Bionic Power As Inaugural Investment

By Amit Chowdhry ● Jul 25, 2024

Hanger Ventures (a Hanger, Inc. business whose primary objective is to advance orthotics and prosthetics innovation and improve patient outcomes) announced its debut investment in Canadian-based firm Bionic Power. As a developer of active lower body smart orthotic devices that enhance personal mobility, Bionic Power is raising Series A Round funding with Hanger Ventures committing as the lead investor.

Lario Therapeutics Receives $6 Million Grant From Michael J. Fox Foundation

By Amit Chowdhry ● Jul 25, 2024

Lario Therapeutics - a biopharmaceutical company developing first-in-class precision medicines for epileptic and neurological disorders - announced it has been awarded a $6 million grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF). This program is in collaboration with the Oxford Parkinson’s Disease Centre, which will also be delivering key science as part of the grant.

Juno: Child Disability Insurance Company Raises $8.5 Million

By Amit Chowdhry ● Jul 25, 2024

Juno - the first company in the U.S. to provide child disability insurance - announced it has closed an $8.5 million Series A led by Spero Ventures with participation from Floating Point, Newark Ventures, and WVV Capital, bringing its total capital raised to $12.5 million.

Bregal Sagemount Closes Inaugural Small-Cap Fund At $500 Million

By Amit Chowdhry ● Jul 25, 2024

Growth-focused private equity firm Bregal Sagemount announced the successful closing of its inaugural small-cap fund, Bregal Sagemount Basecamp I at $500 million. This fund closed at its target and hard cap, inclusive of strong support from existing limited partners, several new institutional investors, and a significant GP commitment.

Ani.VC: Pet-Focused Fund Launches With Goal Of Deploying $35 Million Over 3 Years

By Amit Chowdhry ● Jul 25, 2024

Ani.VC, an early-stage venture fund for pets, has launched with an inaugural investment into DOG PPL, a canine social club expanding from its base in Los Angeles. This independent fund is focused on the more than $540 billion pet and animal health market, including veterinary health, therapeutics and technologies, nutrition and consumables, and pet longevity. And it will deploy $35 million over the next three years into companies across the US, Europe, and Asia.

Cetera Brings In $325 Million AUA Team

By Amit Chowdhry ● Jul 25, 2024

Cetera Financial Group announced that a nine-person team doing business as Rally Wealth and Benefits has joined Summit Financial Networks. The firm (led by President Bruce Glenn) and his daughter Managing Partner Kristina Strickland provide comprehensive financial planning and investment advice to clients and had over $325 million in assets under administration as of March 1, 2024.

OXIO: An Interview With CEO Nicolas Girard About This Rapidly Growing TaaS Platform

By Amit Chowdhry ● Jul 25, 2024

OXIO is the first cloud-native Telecom-as-a-Service (TaaS) platform that empowers any brand or enterprise to embed connectivity into its offering without the constraints of legacy telecom. To learn more, Pulse 2.0 interviewed OXIO CEO Nicolas Girard.

Aionic Digital: How This Company Is Automating Functions In Information Migrations

By Amit Chowdhry ● Jul 25, 2024

Aionic Digital is a company focused on software development and systems integration that is uniquely positioned to utilize its industry experience to develop practical solutions combined with expert consulting to maximize the value of its clients' investments. Pulse 2.0 interviewed Aionic Digital CEO Yaron Benjamin to learn more about the company.

Persistent Systems: An Interview With SVP And GM Ganesh Nathella About This Digital Engineering Company

By Amit Chowdhry ● Jul 25, 2024

Persistent Systems is a digital engineering and enterprise modernization company utilizing deep technical expertise to help clients stay ahead. Pulse 2.0 interviewed Persistent’s Senior Vice President & General Manager – Global Lead, Healthcare and Life Sciences Business Ganesh Nathella to learn more about the company.

CharmHealth: Providing Cloud-Based Solutions For Practice Management, Clinical Care, And Patient Engagement

By Amit Chowdhry ● Jul 25, 2024

CharmHealth is a company that developed a suite of products for providers that were built to address the application of cloud and mobile technologies for managing healthcare practices. Pulse 2.0 interviewed CharmHealth founder and CEO Pramila Srinivasan to learn more about the company.

Terance Takyi: An Interview On Breaking Barriers In Finance and Music

By Amit Chowdhry ● Jul 25, 2024

CW Advisors Acquiring New Jersey-Based RIA Mercadien Asset Management

By Amit Chowdhry ● Jul 25, 2024

CW Advisors (CWA) announced the acquisition of Mercadien Asset Management, an RIA located in Hamilton, New Jersey. The terms of the deal were not disclosed.

USA Cares Raises $2 Million From Commonwealth Of Kentucky

By Amit Chowdhry ● Jul 25, 2024

USA Cares announced that it was granted $2 million in funding from the Commonwealth of Kentucky. This allocation will be essential in providing financial hardship assistance to veterans across Kentucky, ensuring those who have served our country receive the support they deserve.

Linx: Modern Identity Security Company Raises $33 Million

By Amit Chowdhry ● Jul 24, 2024

Linx Security, a modern identity security and governance solutions company, emerged from stealth and announced that it has raised $33 million in funding. The funding round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), and Cerca Partners and Knollwood Investment Advisory.

UPS To Buy Mexican Express Delivery Company Estafeta

By Amit Chowdhry ● Jul 24, 2024

UPS announced that it has agreed to buy Estafeta, a leading Mexican express delivery company. This deal is a key part of UPS' Better and Bolder strategy, aimed at becoming the world's premium international small package and logistics provider.

Krispy Kreme: Majority Stake In Insomnia Cookies Sold For $350 Million

By Amit Chowdhry ● Jul 24, 2024

Krispy Kreme announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. This deal was set up as $350 million in total enterprise value, which has doubled since Krispy Kreme’s 2018 acquisition.

Vitable: Direct Primary Care Company Raises $16 Million

By Amit Chowdhry ● Jul 24, 2024

Vitable, an enhanced Direct Primary Care company working with SMB employers to deliver affordable and high-quality healthcare to hourly workers, announced it has raised a $16 million Series A funding round led by Cherryrock Capital with participation from Citi Impact Fund, First Round Capital, newark venture partners (nvp), Commerce Ventures, and Y Combinator.

Strive: Financial Services Company Raises $30 Million In Series B

By Amit Chowdhry ● Jul 24, 2024

Strive Enterprises, a financial services company with an asset management platform focused on maximizing long-run returns for investors, announced today that it closed a $30 million Series B financing round led by Cantor Fitzgerald, L.P. Deason Capital Services (led the Series A round), Narya Capital, and several prominent entrepreneurs also participated in the funding.

Igloo: Pudgy Penguins Parent Company Secures Over $11 Million

By Amit Chowdhry ● Jul 24, 2024

Igloo, the parent company of Pudgy Penguins, today announced the closing of over $11 million in funding led by Founders Fund with additional investments from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital.

QA Wolf Secures $36 Million In Series B To Transform Software Quality Assurance

By Amit Chowdhry ● Jul 24, 2024

QA Wolf, a company that guarantees 80%+ end-to-end automated test coverage for web apps, announced a $36 million Series B funding round to accelerate its expansion into native mobile testing, which is set to launch later this year and is now open for waitlist. This funding round was led by Scale Venture Partners with participation from Threshold Ventures and Ventureforgood, and existing investors Inspired Capital and Notation Capital.

Evo Security: Identity And Access Management Solutions Company Raises Series A Funding Round

By Amit Chowdhry ● Jul 24, 2024

Evo Security, a leading provider of Identity and Access Management solutions for Managed Service Providers (MSPs), announced the successful completion of its Series A funding round - raising $6 million led by TechOperators, an Atlanta-based cybersecurity venture capital firm led by industry veterans. This funding round includes participation from Sorenson Capital, Prelude, Strategic Cyber Ventures, Inner Loop Capital, and new partner MetroSITE Group.

Goodyear Selling OTR Tire Business To Yokohama In $905 Million Deal

By Amit Chowdhry ● Jul 24, 2024

The Goodyear Tire & Rubber Company has signed a definitive agreement to sell its Off-the-Road (OTR) tire business to The Yokohama Rubber Company for $905 million in cash. The deal follows a previously announced strategic review of the OTR tire business concerning the Goodyear Forward transformation plan.

Agilent To Buy BIOVECTRA For $925 Million

By Amit Chowdhry ● Jul 24, 2024

Agilent Technologies announced it has signed a definitive agreement to acquire BIOVECTRA, a leading specialized contract development and manufacturing organization, for $925 million. BIOVECTRA produces biologics, highly potent active pharmaceutical ingredients, and other molecules for targeted therapeutics.

Woodside Buying Tellurian In $1.2 Billion Deal

By Amit Chowdhry ● Jul 24, 2024

Tellurian announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd, pursuant to which Woodside will acquire all the outstanding shares of Tellurian for $1 per share in an all-cash transaction.