Archives

PuriFire Energy: Green Hydrogen And Methanol Solutions Company Secures £2.7 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

PuriFire Energy announced it had closed a £2.7 million (US$3.5 million) seed round investment led by HICO Investment Group with participation from Bulnes Capital, R&R Investments, and Abhishek Desai.

Echelon: Decentralized Lending Protocol Company Secures $3.5 Million (Seed) Funding

By Amit Chowdhry ● Aug 30, 2024

Decentralized lending protocol Echelon announced it has secured seed funding to advance DeFi lending on Move-based blockchains. This funding round was led by Amber Group, with participation from strategic partners including Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. Echelon aims to offer high-performance markets integrated with other DeFi applications and real-world assets (RWAs).

Pangeam: Enterprise Social-Spatial Analytics AI Platform Company Secures $4.25 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Workplace intelligence company Pangeam announced it has launched an enterprise B2B SaaS platform designed to transform office environments by deeply understanding occupants' needs and behaviors. Pangeam also announced the completion of a $4.25 million Series Seed fundraise led by Neotribe, alongside SNR Ventures, DVC, and Niremia Capital.

Miris: Spatial Computing Company Raises $26 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Miris, a company bringing spatial computing into the streaming era, announced it launched from stealth with $26 Million in seed funding led by IAG Capital Partners.

Plume: Interview With GM-European Operations Jasna Mihelj Coustaury About Their Connected Home Platform And #PlumeStrong

By Amit Chowdhry ● Aug 30, 2024

Plume is a SaaS platform company that delivers technological services for connected homes. Pulse 2.0 interviewed Plume’s general manager of European operations, the head of #PlumeStrong Jasna Mihelj Coustaury, to learn more about the company.

Lemniscap: $70 Million Raised To Invest In Crypto Assets And Blockchain Startups

By Amit Chowdhry ● Aug 29, 2024

Lemniscap - a global thesis-driven investment firm backing early-stage Web3 founders - announced it had raised a $70 million fund to provide financial backing and strategic guidance to help nascent Web3 startups scale at pace.

Pryzm: Government Contracting Solutions Company Raises $2 Million

By Amit Chowdhry ● Aug 29, 2024

Pryzm is a company that officially launched this week to make it easier and faster than ever for technology companies to accelerate government contract capture with the help of AI. The company also announced a $2 million funding round co-led by top defense tech investor XYZ Venture Capital (an early backer of Anduril) and Amplify.LA, with participation from First In and strategic individuals.

Parry Labs: Defense Technology Company Raises $80 Million

By Amit Chowdhry ● Aug 29, 2024

Parry Labs - a defense technology company that is developing next generation open architecture mission solutions - announced the completion of an $80 million funding raise - which is the company's first institutional investment round. This strategic growth equity funding was led by Capitol Meridian Partners and included participation from True Ventures, 3Wire Partners, and Teamworthy Ventures.

Wethos: AI-Based Team Optimization Company Raises $7.5 Million (Seed)

By Amit Chowdhry ● Aug 29, 2024

Wethos AI, a pioneer in AI-driven team optimization, announced it has raised $7.5 million in a seed funding round led by Jeff Herbst at GFT Ventures.

Agency: AI Agent Development Company Raises $2.6 Million (Pre-Seed)

By Amit Chowdhry ● Aug 29, 2024

Agency, the creators of the industry-leading AgentOps.ai platform, announced it had raised $2.6 million in pre-seed funding led by prominent investors 645 Ventures and Afore Capital. This funding round will enable the company to develop and scale its AI agent observability and testing platform further, ensuring reliability and safety for enterprises deploying large language model (LLM) enabled autonomous agents.

Panacea: Interview With Founder Dahlia Attia-King About Offering DTC Clinical-Grade Genetic Sequencing

By Amit Chowdhry ● Aug 29, 2024

Panacea is a company that provides clinic-grade whole exome sequencing directly to consumers to help with preventative healthcare planning. Pulse 2.0 interviewed Panacea founder Dahlia Attia-King to learn more about the company.

Hydrolix: Interview With Co-Founder & CEO Marty Kagan About This Rapidly Growing Data Lake Platform Company

By Amit Chowdhry ● Aug 29, 2024

Hydrolix is a streaming data lake optimized for log-intensive use cases that offers both real-time and historical analytics at scale. Pulse 2.0 interviewed Hydrolix co-founder and CEO Marty Kagan to learn more about the company.

Peregrine Exploration: Level Developer Raises $3.6 Million To Launch First Stablecoin Protocol With Restaked Dollar Tokens

By Amit Chowdhry ● Aug 29, 2024

Peregrine Exploration, a blockchain development and research company, today announced $3.6 million in funding co-led by Polychain Capital and Dragonfly to develop Level (the first stablecoin protocol powered by restaked dollar tokens). The investors Robot Ventures, Pier Two, EIV and Global Coin Research and angels Balaji Srinivasan, Jeff Feng (Sei), Julian Koh (Aevo), Sidney Powell (Maple Finance) and others also joined the round.

Great Many: $3.6 Million (Pre-Seed) Raised To Make Hair Growth Solutions More Accessible

By Amit Chowdhry ● Aug 29, 2024

Great Many, a company creating a dedicated place for hair growth, announced it had raised a pre-seed of $3.4 million (oversubscribing by $600,000). BrandProject led the pre-seed round, and it is responsible for Daily Harvest, Our Place, Wonderbelly, Gainful, PORTA, The Gleamery, and more. And additional investors include Midnight Venture Partners and Tonic Ventures, with Angel investments from Lukas Keindl, Co-founder of BondVet, Andy Grover, Co-founder of Tend Dental, Elizabeth Cutler, Co-founder of SoulCycle, and Meghan Maupin, Founder of Atolla Skincare (acquired by Function of Beauty) and current CEO of OurX.

Grafana Labs: $250 Million In ARR And $6 Billion Valuation

By Amit Chowdhry ● Aug 29, 2024

Grafana Labs, a company that has created some of the ubiquitous, open, and composable operational dashboards, announced the successful completion of a primary and secondary transaction totaling about $270 million in proceeds to the company and certain of its stockholders. The company also announced additional growth milestones that solidified its position as a leader in the observability industry.

Cardea Raises $25 Million And Acquires Assets From Nobel

By Amit Chowdhry ● Aug 29, 2024

Cardea announced that it had acquired select technology and financial assets from Nobel Sustainability Capital Group (NSCG), a consortium of global investors led by Peter Nobel and Wu family members, and has rebranded as Fourcore Capital. In connection with the deal, NSCG has signed a binding agreement to contribute up to $25 million as an anchor investment in the company’s planned capital raise.

Tilt: Leave Management Solutions Company Secures $15 Million (Series B)

By Amit Chowdhry ● Aug 28, 2024

Tilt, a platform for leave management solutions, announced the completion of its $15 million Series B funding round. This funding round was led by Bramalea Partners, with additional participation from HearstLab and continued support from Firework Ventures, Origin Ventures, and Techstars.

Bandwidth Infrastructure Company euNetworks Closes On €2.1 Billion Equity

By Amit Chowdhry ● Aug 28, 2024

euNetworks Group Holdings, a Western European bandwidth infrastructure company, announced that it has closed on a €2.1 billion equity recapitalization. Leading investors in the recap included a Stonepeak managed vehicle anchored by Mercer and Aware Super, and direct investments from the Investment Management Corporation of Ontario (IMCO) and APG Asset Management.

Navigator Medicines: Biotech Company Raises $100 Million (Series A)

By Amit Chowdhry ● Aug 28, 2024

Navigator Medicines, a privately held biotech company leading the advancement of biologics for targeted immune regulation and restoration, announced a $100 million Series A funding along with the in-licensing of NAV-240 and an OX40L-targeted portfolio from IMBiologics.

LS Power: Oversubscribed Fund V Closed At $2.7 Billion

By Amit Chowdhry ● Aug 28, 2024

LS Power Group, a leading development, investment, and operating company focused on the North American power and energy infrastructure sector, announced the closing of its latest fund, LS Power Equity Partners V, L.P.. Fund V had closed in July with total commitments of about $2.7 billion, exceeding its $2.5 billion target. Fund V will invest in power and energy infrastructure assets, platforms, and companies.

Fleet: Commuter Benefits Management Company Closes $2.5 Million (Seed)

By Amit Chowdhry ● Aug 28, 2024

Fleet, a modern commuter benefits management platform, announced the closing of its $2.5 million seed round led by Congruent Ventures with the participation of Great Oaks Venture Capital, Plug and Play Ventures, Rally Cap, and Virta Ventures. And Fleet also brought on a talented group of angels and advisors, including former execs at Robinhood and Brex, such as ex-COO Michael Tannenbaum.

Katara: AI-Agent Workflow Automation Company Secures $2.6 Million (Pre-Seed And Seed)

By Amit Chowdhry ● Aug 28, 2024

Katara, an AI-agent workflow automation platform, announced it raised $2.2 million in seed funding co-led by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and other strategic angels. This brings the total amount raised to $2.6 million, which is inclusive of the pre-seed round.

Planera: Construction Planning Company Raises $13.5 Million (Series A)

By Amit Chowdhry ● Aug 28, 2024

Planera, a construction CPM scheduling and planning solution, announced that it has raised $13.5 million in a Series A funding round led by Sierra Ventures, with participation from Sorenson Capital, Brick and Mortar Ventures, Prudence VC and Firebolt Ventures.

Supio: Law Firm Data Structuring Company Secures $25 Million (Series A)

By Amit Chowdhry ● Aug 28, 2024

Supio, a purpose-built AI platform trusted by personal injury and mass tort plaintiff law firms to offer crucial insights at the most essential moments in their case, emerged from stealth and announced an oversubscribed $25 million Series A led by Sapphire Ventures, with participation from existing investors Bonfire Ventures and Foothill Ventures. The new funding brings Supio’s total funding to $33 million.

ZBiotics: Genetically Engineered Probiotics Maker Secures $12 Million (Series A)

By Amit Chowdhry ● Aug 28, 2024

ZBiotics, a company that is carving a new category of genetically engineered probiotics, announced the closing of its $12 million Series A funding round, led by Spring Tide Capital. The oversubscribed round also includes participation by Access Capital, Seamless Capital, Goat Rodeo Capital, and Seaside Ventures.

Fresha: Beauty And Wellness Marketplace Company Raises $31 Million Raised

By Amit Chowdhry ● Aug 28, 2024

Fresha, a leading marketplace platform for beauty and wellness, announced it has secured a $31 million venture debt facility from J.P. Morgan. This funding round will accelerate Fresha's expansion into new markets and drive the growth of its machine-learning capabilities and AI-powered robotics, advancing its innovative all-in-one platform.

eXeX: $5.8 Million (Seed) Raised To Optimize Surgical Procedures

By Amit Chowdhry ● Aug 28, 2024

eXeX, a medical technology company utilizing AI and spatial computing to optimize surgical procedures, announced the closing of a $5.8 million seed round.

pgEdge: $10 Million Raised To Advance Distributed PostgreSQL Platform

By Amit Chowdhry ● Aug 27, 2024

pgEdge, a leading company dedicated to distributed PostgreSQL, announced today a $10 million investment to accelerate its growth and further its distributed Postgres technology. The investment round is led by Rally Ventures, with additional contributions from existing investors Sands Capital Ventures and Grotech Ventures.

Linker Finance: $3.7 Million (Seed) Raised To Empower Community Banks With Digital Solutions

By Amit Chowdhry ● Aug 27, 2024

Linker Finance - a platform that enables community banks to take back control of their digital banking experience through a secure and holistic mobile and online digital banking platform - announced it has successfully raised $3.7 million in seed financing. The funding round was led by Ten One Ten Ventures and Chingona Ventures. Additional investors that joined included investments from Audaz Capital, Techstars, Commerce Ventures, Bank of Brodhead, and Angeles Investors, with support from angel investors including Edrizio de la Cruz, Ahmed Mirza, Michael Olson, and Roberto Medrano.

DEFCON AI: Defense Tech Raises $44 Million (Seed)

By Amit Chowdhry ● Aug 27, 2024

DEFCON AI, an insights company building a next-generation modeling, simulation, and analysis (MS&A) toolset for the modern military environment, announced that it had raised $44 million in Seed funding. This funding round was led by Bessemer Venture Partners with participation from Fifth Growth Fund and Red Cell Partners, etc.