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Propel People: $3 Million Seed Raised To Help Contractors Hire Skilled Tradespeople

By Amit Chowdhry ● Yesterday at 11:28 PM

1848 Ventures, an AI-focused venture studio that creates SaaS solutions for small and medium-sized businesses (SMBs) in the US, announced leading a $3 million seed funding round for Propel People, a mobile-first hiring platform designed to help contractors find skilled tradespeople more quickly.

Volcon: Over $500 Million Raised For Bitcoin Treasury Plan

By Amit Chowdhry ● Yesterday at 11:22 PM

Volcon has completed its previously announced private placement, raising gross proceeds of over $500 million. It has now launched its Bitcoin treasury strategy, planning to allocate more than 95% of the gross proceeds from the private placement toward acquiring BTC.

The University Of Chicago Collaborating With Alchemist For New Accelerator

By Amit Chowdhry ● Yesterday at 5:24 PM

Alchemist Accelerator, an enterprise-focused startup accelerator, has teamed up with the University of Chicago’s Polsky Center for Entrepreneurship and Innovation to launch Alchemist Chicago. This new accelerator aims to bring scientific breakthroughs from the lab to market.

AstraZeneca: $50 Billion Investment Planned For U.S. Manufacturing And R&D

By Amit Chowdhry ● Yesterday at 5:17 PM

AstraZeneca announced a landmark $50 billion investment plan in the United States by 2030, a strategic move aimed at reinforcing America's global leadership in pharmaceutical manufacturing and research & development. This significant commitment is projected to create tens of thousands of new, highly skilled direct and indirect jobs nationwide, fueling economic growth while accelerating the delivery of next-generation medicines to patients in the U.S. and globally.

Monarq Asset Management: Sam Gaer Named As CIO

By Amit Chowdhry ● Yesterday at 5:06 PM

Monarq Asset Management, formerly known as MNNC Group, has appointed Sam Gaer as Chief Investment Officer to lead its Directional Investment Strategy. With 25+ years of experience in institutional trading and asset management, Gaer will help guide Monarq's growth.

Axxcess Wealth: Deron McCoy Named As Chief Wealth Officer

By Amit Chowdhry ● Yesterday at 5:03 PM

Axxcess Wealth Management, a TAMP platform for high-net-worth clients and their advisors, has appointed Deron T. McCoy, CFA, CFP, CAIA, AIF, as Chief Wealth Officer. This strategic move enhances Axxcess's commitment to providing personalized insights for advisors in the current complex investment environment.

Asbury Automotive: $1.45 Billion Acquisition Of Herb Chambers Dealerships Completed

By Amit Chowdhry ● Yesterday at 5:00 PM

Asbury Automotive Group has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth-largest privately owned dealership group in the U.S.

Cooler Heads: $11 Million Series A Raised For Scalp Cooling Technology To Help Chemotherapy Patients

By Amit Chowdhry ● Yesterday at 10:35 AM

Cooler Heads, a medical device company, has raised $11 million in an oversubscribed Series A funding round to expand the manufacturing of Amma, the only FDA-cleared Portable Scalp Cooling System. Led by Mutual Capital Partners, the round also included participation from SHD Partners, Crescent Ridge VC, and others.

emma: Interview With CEO Dmitry Panenkov About The Cloud Management Platform

By Amit Chowdhry ● Yesterday at 10:23 AM

emma is an innovative cloud management platform transforming how businesses optimize and scale their cloud infrastructure. Pulse 2.0 interviewed emma founder and CEO Dmitry Panenkov to learn more about the company.