Archives

Cribl: $200 Million In ARR Surpassed

By Amit Chowdhry ● Feb 7, 2025

Cribl announced it surpassed $200 million in annual recurring revenue (ARR), growing ARR by more than 70% year-over-year (YoY). This milestone follows the company’s achievement of $100 million in ARR in October 2023, when it became the fourth fastest infrastructure company to reach centaur status.

LPL Brings In $385 Million Firm Johns Creek Financial

By Amit Chowdhry ● Feb 7, 2025

LPL Financial announced that financial advisors Brian J. McGill, II, CFP, and Michael R. Hyser, CFP, have joined LPL Financial’s broker-dealer, RIA, and custodial platforms. They reported serving about $385 million in advisory, brokerage, and retirement plan assets and joined LPL from Kestra.

Horizon Infusions Raises Funding From Rubicon Founders

By Amit Chowdhry ● Feb 7, 2025

Rubicon Founders, a healthcare investment firm focused on building and growing transformational companies, announced that it has made a majority investment in Horizon Infusions, which is Ohio’s largest network of ambulatory infusion centers. And BroadOak Capital will continue as a minority investor in Horizon Infusions.

Corpay To Buy Brazilian Payments Company Gringo

By Amit Chowdhry ● Feb 7, 2025

Corpay announced it has signed definitive documents to acquire Gringo, a leading vehicle registration and compliance payment company in Brazil. Gringo is a super app for car drivers that makes life easier for millions of drivers in Brazil. And Gringo’s digital app and national network help drivers pay for vehicle taxes, registration, and fines (i.e., car debts) instantly. The company is growing revenue over 30% annually.

hallo theo: €10 Million (Seed) Raised For Property Management Platform

By Amit Chowdhry ● Feb 7, 2025

hallo theo, a Berlin-based digital property management company, announced the raising of a €10 million seed investment by global software investor Insight Partners. The new funding solidifies hallo theo as a market leader in digital property management in Germany, with the funds be used to expand its national footprint and progress its proprietary technology development.

Precision Coating Acquired By Integer

By Amit Chowdhry ● Feb 7, 2025

Katahdin Industries announced the sale of substantially all of Precision Coating's assets to Integer Holdings. The deal closed on January 7, 2025. And Precision Coating provides global Medtech customers with innovative products and services to enhance the surface functionality of patient-critical products.

Worldpay To Buy AI-Native Fraud Prevention Company Ravelin

By Amit Chowdhry ● Feb 7, 2025

Worldpay, a leader in payments technology and solutions, announced it has entered into a definitive agreement to acquire Ravelin, an AI-native fraud prevention platform based in London, UK. The acquisition of Ravelin will complement and enhance Worldpay’s portfolio of value-added solutions, enabling merchants of all sizes to grow faster and protect their businesses as fraud activity accelerates globally.

Jabil Acquiring CDMO Company Pharmaceutics International

By Amit Chowdhry ● Feb 7, 2025

Jabil, a leader in engineering, manufacturing, and supply chain solutions, announced the acquisition of Pharmaceutics International (Pii), a contract development and manufacturing organization (CDMO) specializing in early stage, clinical, and commercial volume aseptic filling, lyophilization, and oral solid dose manufacturing.

Lula: $28 Million (Series A) Raised For Property Maintenance Solutions Platform

By Amit Chowdhry ● Feb 7, 2025

Lula, a leading platform for streamlined property maintenance solutions, announced it raised a $28 million Series A funding round, led by PeakSpan Capital, with participation from existing investor RET Ventures.

Compatio AI: Interview With Founder & CEO Tim Baynes About The Product Recommendation Company

By Amit Chowdhry ● Feb 7, 2025

Compatio AI specializes in product configuration and recommendation solutions, combining technology with human expertise to help businesses and customers make better product decisions, increasing revenues and improving margins for brands and retailers throughout the customer journey. Pulse 2.0 interviewed Compatio AI founder and CEO Tim Baynes to learn more about the company.

Kestra: Interview With Co-Founder & CTO Ludovic Dehon About The Open-Source Orchestration Platform

By Amit Chowdhry ● Feb 7, 2025

Kestra is an open-source orchestration platform making scheduled and event-driven workflows easy. And by bringing Infrastructure as Code best practices to data, process, and microservice orchestration, you can build reliable workflows and manage them with confidence. Pulse 2.0 interviewed Kestra co-founder and CTO, Ludovic Dehon to learn more about the company.

Tidal Vision: $140 Million (Series B) Raised For Scaling Chitosan Technologies

By Amit Chowdhry ● Feb 7, 2025

Tidal Vision, a biotechnology company transforming critical industries with chitosan-based chemistries, announced the closing of an oversubscribed $140 million Series B financing round. This funding round exceeded its original target due to demand from strategically investors including Cambridge Companies SPG, Eni Next (the corporate venture arm of Eni S.p.A), Milliken & Company, KIRKBI Climate, Convent Capital, SWEN Capital Partners' Blue Ocean Fund, MBX Capital, Oman Investment Authority's IDO Investments, and more.

Traction Capital: Matt Meents Named As Strategic Growth Partner

By Amit Chowdhry ● Feb 7, 2025

Traction Capital announced that Matt Meents has joined the firm full-time as a Strategic Growth Partner. For this role, Meents will work closely with existing portfolio companies while also supporting future investments as Traction Capital prepares to launch its second fund in Q1 and Q2 of 2025.

X-energy: Advanced Nuclear Reactor Company Raises $700 Million (Series C-1)

By Amit Chowdhry ● Feb 7, 2025

X-Energy Reactor Company - a leader in advanced nuclear reactor and fuel technology - announced the closing of its upsized Series C-1 financing round of $700 million. Segra Capital Management, Jane Street, Ares Management funds, Emerson Collective, and others join the previously announced round anchored by Amazon.com's Climate Pledge Fund, an affiliate of Citadel Founder and CEO Ken Griffin, affiliates of Ares Management Corporation, NGP, and the University of Michigan.

Piano: Digital Experience Company Raises $120 Million, Including $45 Million (Series D)

By Amit Chowdhry ● Feb 7, 2025

Runway Growth Capital, a leading provider of growth loans to venture and non-venture-backed companies seeking an alternative to raising equity, announced its role as the lead lender in a $75 million senior secured term loan facility that is part of a $120 million financing to Piano, which is a global leader in digital experience management, customer journey orchestration, and advanced analytics. This financing also included a $45 million Series D investment led by Updata Partners, a Washington, D.C.-based growth equity firm focused on technology. This funding will enable Piano to optimize its platform, expand its market presence, and support strategic growth initiatives.

REEV: $9.2 Million Raised To Transform Mobility Assistance For Patients With Gait Disorders

By Amit Chowdhry ● Feb 7, 2025

REEV, a medical technology startup developing intelligent, lightweight wearable robotics, announced a $9.2 million funding round to accelerate its mission of transforming mobility assistance for patients with movement disorders. This funding round was led by Newfund Heka, Polytechnique Ventures, and Irdi Capital, with additional support from Techstars, business angels, and health care operators. Some contributors include French soccer player Raphael Varane and knee surgeon Herve Silbert, assembled by Scala Patrimoine, a multi-family office.

Cellid: $13 Million Raised For Advancing AR Glasses Display Development

By Amit Chowdhry ● Feb 7, 2025

Cellid - a developer of AR glasses displays and spatial recognition engines for next-generation devices - announced that it has raised a total of $13 million (JPY 2 billion) through a private placement with Development Bank of Japan as the lead investor and through a third-party allotment of new shares to funds managed or involved in the management of More Management Co., Ltd.; CVC fund jointly established by Kyocera Corporation and Global Brain Corporation; 15th Rock; and FFG Venture Business Partners. This latest funding brings Cellid's total funding to about $33 million (JPY 5.2 billion).

o15 Capital Partners: Nearly $400 Million Raised For Investing In Emerging American Companies

By Amit Chowdhry ● Feb 7, 2025

o15 Capital Partners - a mission-oriented alternative investment firm dedicated to providing growth capital to undercapitalized companies and communities - announced the closing of its inaugural fund, o15 Emerging America Credit Opportunities Fund LP, at about $370 million. The fund’s capital - combined with capital raised by o15 for related co-investment vehicles - totals nearly $400 million. This fund received strong backing from a group of leading institutional investors, including public and corporate pensions, foundations, banks, and family offices.

Technology Management Concepts: Strategic Growth Investment Raised From Haven

By Amit Chowdhry ● Feb 7, 2025

Technology Management Concepts (TMC), a Microsoft partner specializing in the entire Microsoft technology stack—such as Dynamics 365 (Business Central, Sales, Field Service, Customer Service, and Customer Insights), Office 365, Azure, and the Power Platform—announced a significant investment from Haven Capital Partners.

Milacron: Majority Investment Raised For $287 Million From Bain Capital

By Amit Chowdhry ● Feb 7, 2025

Bain Capital, a leading private investment firm, announced a majority investment in the Milacron Injection Molding and Extrusion business, a globally renowned provider of highly engineered plastic processing equipment and services. Bain Capital will partner with Milacron’s current owner, Hillenbrand, who will remain a significant investor in the business and accelerate the company’s continued growth. Bain Capital had entered into a definitive agreement to buy an ownership stake of approximately 51% of Milacron for $287 million, subject to customary closing adjustments. And Hillenbrand will retain an ownership stake of approximately 49%.

Tyba: $13.9 Million (Series A) Raised For Improving Profitability Of Energy Storage Projects

By Amit Chowdhry ● Feb 7, 2025

Tyba, a leading energy storage optimization platform, announced $13.9 million in Series A funding led by Energize Capital. This funding round includes new investments from Pear VC, Mobilize Climate Capital, and Borusan Ventures and follow-on investments from Powerhouse, Wireframe, Virta, and Lorimer. This brings Tyba's total funding to $18.15 million.

Presto: $15 Million (Seed) Raised For EV Charging Platform

By Amit Chowdhry ● Feb 7, 2025

Presto - an all-in-one EV charging platform - announced that it has raised $15 million in seed funding from Union Square Ventures, Congruent Ventures, Powerhouse Ventures, and Jetstream. And through Presto's app and APIs, fleets can find, charge, and pay for reliable on-the-go charging across thousands of Presto's partner public charging stations. This funding will be used to onboard new fleets, integrate more chargers, and add new features.

Freeze: $2.6 Million (Seed) Raised For Enhancing Cybersecurity

By Amit Chowdhry ● Feb 6, 2025

Freeze - a leading provider of proactive offensive security and attack surface protection solutions designed to prevent hackers from gaining the necessary information and resources to attack organizations and their teams - announced its $2.6 million seed funding round closing. This funding was led by angel investors, cybersecurity experts, and technology experts who recognize the growing need for innovative approaches to proactive offensive security, attack surface protection, and cybersecurity.

TrueFoundry: $19 Million (Series A) Raised To Transform AI Deployment

By Amit Chowdhry ● Feb 6, 2025

TrueFoundry - a leading AI deployment and scaling platform - announced it raised $19 million in Series A funding, led by Intel Capital. And existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India and SEA) participated along with new investor Jump Capital and several angel investors including Gokul Rajaram, Mohit Aron, and executives from Fortune 1000 companies. In connection with the financing, Avi Bharadwaj, Investment Director at Intel Capital, will join TrueFoundry’s board of directors.

Cognida.ai: $15 Million (Series A) For Enterprise AI Adoption Platform

By Amit Chowdhry ● Feb 6, 2025

Cognida.ai, a leader in practical AI solutions for enterprises, announced the closing of its $15 million Series A funding round, led by Nexus Venture Partners. This funding validates Cognida.ai's unique approach to making AI implementation practical and financially impactful for enterprises, demonstrated through deployments at over 30 leading organizations.

Urban Sky: $30 Million (Series B) Raised To Enable Easy Access To The Stratosphere

By Amit Chowdhry ● Feb 6, 2025

Urban Sky, a stratospheric platform company, announced it closed a $30 million Series B investment round. This funding round will be used to develop and commercialize a connected suite of products that will unlock the full value of the tactical stratosphere for military and commercial customers.

CloudZero: Interview With CEO Phil Pergola About The Cloud Cost Efficiency Company

By Amit Chowdhry ● Feb 6, 2025

CloudZero is the leader in proactive cloud cost efficiency. Pulse 2.0 interviewed CloudZero CEO Phil Pergola to learn more about the company.

Swivl: Funding Raised From Decathlon Capital Partners

By Amit Chowdhry ● Feb 6, 2025

Swivl, a company focused on reflective technology for education and personal development, has secured a growth loan from Decathlon Capital Partners. This investment package will meet the growing demand for Swivl's Mirror and MirrorTalk solutions, enhance functionality, and support new development efforts that advance the company's mission of accelerating reflection for better learning and social-emotional outcomes.

Trinity Capital: $25 Million In Growth Capital Committed For Wisetack

By Amit Chowdhry ● Feb 6, 2025

Trinity Capital - a leading alternative asset manager - announced the commitment of $25 million in growth capital to Wisetack, a leading pay-over-time platform for home services.

BlueFlame AI: Interview With CEO Raj Bakhru About The GenAI Platform For Alternative Investment Managers

By Amit Chowdhry ● Feb 6, 2025

BlueFlame AI is a company that helps alternative investment managers take advantage of AI and Large Language Models (LLMs) to capture significant time savings and efficiency gains in a safe and compliant manner. Pulse 2.0 interviewed BlueFlame AI CEO Raj Bakhru to learn more about the company.