Archives

Fastino: AI Model Provider Company Secures $7 Million (Pre-Seed)

By Amit Chowdhry ● Nov 18, 2024

Fastino, a new foundation AI model provider, launched recently to provide a family of task-optimized language models that are more accurate, faster, and safer than traditional LLMs. And the company also announced its $7 million pre-seed funding round led by global software investor Insight Partners and M12, Microsoft’s Venture Fund, with participation from NEA, CRV, Valor, Github CEO Thomas Dohmke, and others.

Revisto: $4 Million (Seed) Raised For Transforming Pharmaceutical Marketing Compliance

By Amit Chowdhry ● Nov 18, 2024

Revisto, an AI-based solution that streamlines the medical, legal, and regulatory (MLR) review process for pharmaceutical marketing materials, announced it has secured $4 million in seed funding. This funding round was led by LiveOak Ventures, with participation from Eli Lilly and Company, Tau Ventures, and Arkin Digital Health.

The Exploration Company: European Space Tech Company Raises $160 Million (Series B)

By Amit Chowdhry ● Nov 18, 2024

Leading European space tech company The Exploration Company (TEC) announced it has raised $160 million in Series B funding co-led by Balderton Capital and Plural, with participation from Bessemer Venture Partners, NGP Capital, French Tech Souveraineté, DeepTech & Climate Fonds (DTCF) and Bayern Kapital. The funding round also included significant follow-on investment from EQT Ventures, Red River West, Cherry Ventures, Promus Ventures and Omnes Real Tech Fund. And this is the first time two European sovereign funds, French Tech Souveraineté managed by Bpifrance and DTCF, have invested together.

SwiftConnect: Digital Pass Company Raises $37 Million (Series B)

By Amit Chowdhry ● Nov 15, 2024

SwiftConnect announced the closing of a $37 million Series B funding round to expand its access network and connect people to the right place at the right time. The latest investment round is led by Quadri Ventures, with participation from new investors HID (part of ASSA ABLOY), Egis Capital Partners, and Klingenstein Fields Advisors. And returning investors include Crow Holdings, JLL Spark, Navitas Capital, Tanzola Corp., and Spring Rock Capital. With this round, SwiftConnect has raised $74 million in total funding.

Serenity: AI-Based EHS Software Solutions Company Raises $5.5 Million (Series A)

By Amit Chowdhry ● Nov 15, 2024

Serenity, a leader in AI-based Environmental, Health, and Safety (EHS) software solutions, announced the closing of a $5.5 million Series A funding round. This investment was led by Allegion Ventures, with follow-on participation from existing investor Base10 Partners.

The D. E. Shaw Group: $1 Billion Raised For Alkali Fund VI

By Amit Chowdhry ● Nov 15, 2024

The D. E. Shaw group - a global investment and technology development firm - announced that it has raised $1 billion in commitments for D. E. Shaw Alkali Fund VI. This closed-end vehicle will pursue a multi-strategy investment style and invest primarily in corporate debt, structured credit, synthetic securitizations, and other specialty asset classes.

Healthipeople: Interview With CEO & Founder Rohit Maheshwari About The Digital Health Platform

By Amit Chowdhry ● Nov 15, 2024

Healthipeople is a digital health platform that connects patients, caregivers, and providers to improve patient outcomes. Pulse 2.0 interviewed HealthiPeople CEO and founder Rohit Maheshwari to learn more about the company.

Interview With Zameer Rizvi, CEO Of Odesso: A Company Transforming The US Healthcare System With GenAI

By Amit Chowdhry ● Nov 14, 2024

Odesso transforms healthcare operations through AI-driven automation and helps organizations enhance efficiency, reduce costs, and maintain compliance. Pulse 2.0 interviewed Odesso CEO Zameer Rizvi to learn more about the company.

Camouflet: AI-Based Dynamic Pricing Solutions Company Raises $3 Million (Seed)

By Amit Chowdhry ● Nov 14, 2024

Camouflet, a leader in AI-based dynamic pricing solutions, announced the closing of a $3 million seed funding round led by a group of private investors. This funding round will accelerate Camouflet’s mission to empower businesses with adaptive, data-driven pricing strategies.

Hempitecture Receives $8.42 Million In Funding From Department Of Energy

By Amit Chowdhry ● Nov 14, 2024

Hempitecture - a leading innovator in sustainable building materials - announced the U.S. Department of Energy (DOE) selection to receive $8.42 million in funding under the Biden-Harris Administration’s Investing in America agenda. This funding will support the creation of an industrial fiber hemp processing and manufacturing facility in northeast Tennessee, focused on producing high-performing, carbon-reducing products for the building materials, packaging, and automotive sectors.

BetHog: FanDuel Co-Founders Launch Cryptocurrency Sportsbook Company With $6 Million In Seed Funding

By Amit Chowdhry ● Nov 14, 2024

BetHog - a new cryptocurrency casino and sportsbook company - announced a public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors such as Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh Hannah, co-founder of Flutter Entertainment.

Akeyless: Strategic Investment Raised From Deutsche Bank

By Amit Chowdhry ● Nov 14, 2024

Akeyless - an innovator in the identity security market - announced a strategic investment from Deutsche Bank’s Corporate Venture Capital (CVC) group. The company - trusted by Fortune 100 companies and industry leaders - is transforming identity security for the modern enterprise, delivering the world’s first unified Secrets & Machine Identity platform designed to prevent the number one cause of breaches; and compromised identities and secrets.

Arketi Group Raises Funding From Pair Of Private Equity Firms

By Amit Chowdhry ● Nov 14, 2024

Arketi Group, a digital marketing and public relations agency for business-to-business (B2B) technology companies, announced that it has partnered with private equity firms Go Capital and Station Partners to lead a new B2B marketing and communications agency platform.

DigiCert: Interview With VP Of Engineering Avesta Hojjati About The Digital Trust Provider Company

By Amit Chowdhry ● Nov 14, 2024

DigiCert is a digital trust provider of choice for leading companies around the globe, enabling individuals, businesses, governments, and consortia to engage online with confidence, knowing their digital footprint is secure. Pulse 2.0 interviewed DigiCert VP of Engineering Avesta Hojjati to learn more about the company.

Cartherics: Interview With CEO Prof. Alan Trounson About The Cell Therapy Company

By Amit Chowdhry ● Nov 14, 2024

Cartherics is a biotechnology company focused on developing innovative cell therapies for cancer and other diseases. The company works to create precisely-defined immunotherapy treatments to combat a variety of cancers and other difficult diseases. Pulse 2.0 interviewed Cartherics CEO Professor Alan Trounson to learn more about the company.

Futurpreneur: Interview With Regional Director Andrea Welling About The Entrepreneur-Focused Non-Profit

By Amit Chowdhry ● Nov 14, 2024

Futurpreneur is a nonprofit that has fostered the entrepreneurial passions of Canada’s diverse startup founders ages 18-39. Futurpreneur has helped over 18,700 young entrepreneurs launch their small businesses and it is the only national non-profit organization that provides young aspiring entrepreneurs across Canada with the loan financing, mentorship and resources they need to start or buy a business. Pulse 2.0 interviewed Futurpreneur Regional Director Andrea Welling to learn more about the non-profit.

Wonder Buying Grubhub In $650 Million Deal And Raises $250 Million In Funding

By Amit Chowdhry ● Nov 14, 2024

Wonder - a food hall company that is creating a super app for meal time - announced that it is buying Grubhub. Grubhub is a leading food ordering and delivery company with over 375,000 merchants and 200,000 delivery partners across the United States. Integrating Grubhub into Wonder is the next step in Wonder’s goal of making great food more accessible, bringing together the convenience, speed, and selection of first-party and third-party restaurants, groceries, and meal kits in a single app order. Plus, all Wonder locations will be available on Grubhub for third-party delivery.