Archives

Zartico: Using AI To Create Strategic Planning And Marketing Optimization Solutions In A $225+ Billion Market

By Amit Chowdhry ● Sep 26, 2024

Zartico is the maker of the first Destination Operating System and it harnesses and streamlines big data using science, AI, and technology to provide unprecedented visibility into the movement of people and economic opportunities. Pulse 2.0 interviewed Zartico CEO Sarah Lehman to learn more about the company.

Banyan Software: Foundation Launched With $100 Million Stock Pledge

By Amit Chowdhry ● Sep 26, 2024

Banyan Software, a leading acquirer and permanent home for software businesses, announced the launch of the Banyan Software Foundation. This Foundation will focus on supporting organizations that utilize technology to build a greener and more equitable world. With a $100 million commitment of stock over the next four years, the Foundation will become one of Banyan Software’s largest shareholders, and its impact will continue to grow in tandem with the company’s success.

Datamaran: Software Analytics Platform Company Secures $33 Million (Series C)

By Amit Chowdhry ● Sep 26, 2024

Datamaran announced the completion of $33 million in Series-C financing from investment funds managed by Morgan Stanley Expansion Capital, validating its global leadership in the ESG software market. And the proceeds will be used to accelerate growth in the U.S and Europe and further advance initiatives in generative AI.

ICG: North American Credit Partners Fund III Closed At $1.9 Billion

By Amit Chowdhry ● Sep 26, 2024

ICG - a global alternative asset manager - announced the completion of fundraising for its North American Credit Partners Fund III (NACP III), following strong demand from a global group of new and existing investors.

Blue Whale Materials Picked For $55 Million DOE Award

By Amit Chowdhry ● Sep 26, 2024

Blue Whale Materials (BWM) - a leader in advanced lithium-ion battery recycling - announced it has been selected for negotiation of an award of over $55 million from the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains (MESC) under the Bipartisan Infrastructure Law Battery Materials Processing and Battery Manufacturing Program.

Upend: Interview With Founder Jeevan Arora About The AI-Based Task Engine

By Amit Chowdhry ● Sep 26, 2024

Upend.ai is a new platform that pairs search with large language models to give you the best results possible and help you understand them. Pulse 2.0 interviewed Upend founder Jeevan Arora to learn more about the company.

Cloud Equity Group: Interview With Founder & CIO Sean Frank About The Investment Firm

By Amit Chowdhry ● Sep 25, 2024

Cloud Equity Group is a Wall Street-based investment management firm strategically positioned to capitalize on the expanding industries of web hosting and cloud-based infrastructure. Pulse 2.0 interviewed Cloud Equity Group founder and Chief Investment Officer Sean Frank to learn more.

Element Security: $5 Million Raised To Develop Proprietary Exploit Engine

By Amit Chowdhry ● Sep 25, 2024

Element Security is an innovative Israeli cybersecurity startup that has emerged from stealth mode after two and a half years to unveil its advanced Continuous Threat Exposure Management (CTEM) solution. Element Security announced it raised $5 million in funding from senior investors, including the Q Fund VC, Eddy Shalev, Danny Yamin (former CEO of Microsoft Israel), and Kobi Rosengarten (former General Partner at JVP).

Aclima Raises $13 Million Debt Investment From Leonid Capital Partners

By Amit Chowdhry ● Sep 25, 2024

Leonid Capital Partners, a leading investment firm focused on high-growth technology companies working in the national security industry, today announced it is providing a $13 million term loan to Aclima, a San Francisco-based climate-tech company that has developed a software and hardware solution for hyperlocal measurement and analysis of air pollution, toxics, and greenhouse gasses (GHG).

PictorLabs: UCLA Virtual Staining Technology Spin Out Secures $30 Million (Series B)

By Amit Chowdhry ● Sep 25, 2024

PictorLabs, a software company transforming histopathology with AI-based virtual staining, announced the successful completion of its $30 million Series B funding round. This funding round was led by global software investor Insight Partners, with continued participation from M Ventures, the venture capital arm of Merck KGaA, Darmstadt, Germany, which had previously led PictorLabs' Series A round.

Elemental Impact: $100 Million Funding Program Raised From EPA

By Amit Chowdhry ● Sep 25, 2024

Elemental Impact, a leading nonprofit climate technology investor formerly known as Elemental Excelerator, announced that it is opening applications for projects to receive investments via a $100 million funding program from the US Environmental Protection Agency's (EPA) Greenhouse Gas Reduction Fund (GGRF). This new funding round, which was made possible through a subaward from the Coalition for Green Capital (CGC), will support entrepreneurs and climate technologies that are ready for scale and poised to deliver greenhouse gas emissions reductions and local community benefits.

Torq: AI-Based Security Hyperautomation Company Closes $70 Million (Series C)

By Amit Chowdhry ● Sep 25, 2024

Torq, a company that pioneered AI-driven hyperautomation in the security industry, announced a $70 million investment to propel the mission of transforming SecOps through the Generative AI-based Torq Hyperautomation Platform and Torq HyperSOC solution.

Knit: $9 Million Raised For Streamlining The Consumer Research Process

By Amit Chowdhry ● Sep 25, 2024

Knit, a platform dedicated to streamlining the consumer research process using AI, announced the closing of a $9 million funding round and partnerships with brands like T-Mobile, NASCAR, the WNBA, Mars Wrigley, Overtime, and JBL. The funding round was led by Revolutions's Rise of the Rest Seed Fund, with participation from new investors Osage Venture Partners, GFT Ventures, Visible Ventures, and Massive Ventures and existing investors Silicon Road Ventures, Felton Group, and Alumni Ventures.

NanoVation Therapeutics And Novo Nordisk Sign $600 Million Deal To Develop Genetic Medicines

By Amit Chowdhry ● Sep 25, 2024

NanoVation Therapeutics - a platform company developing innovative technologies to overcome the barriers of nucleic acid delivery - announced a multi-year partnership with Novo Nordisk to advance the development of novel genetic medicines targeting cardiometabolic and rare diseases. This partnership combines NanoVation Therapeutics’ proprietary long-circulating lipid nanoparticle (lcLNP) technology for RNA delivery to cells outside of the liver with Novo Nordisk’s expertise in cardiometabolic and rare disease R&D and clinical translation.

Cardinal Health Buying Integrated Oncology Network In $1.12 Billion Deal

By Amit Chowdhry ● Sep 25, 2024

Cardinal Health announced that it has entered into a definitive agreement to acquire Integrated Oncology Network (ION), a physician-led independent community oncology network, for $1.115 billion in cash.

Arya Health: Healthcare Workforce Automation Company Raises $4 Million (Seed)

By Amit Chowdhry ● Sep 25, 2024

Healthcare workforce automation platform Arya Health announced it closed $4 million in seed funding, led by Twelve Below. Other investors in this funding round include Nebular and existing investors Oceans and Ridge.

Headline: Global Growth IV Fund Receives $865 Million In Capital Committed

By Amit Chowdhry ● Sep 25, 2024

Headline announced Headline Global Growth IV with $865 million of capital committed to the strategy to support companies at their Growth inflection points, Series B, and beyond. This Global Growth strategy has three main advantages: 1.) a diverse and experienced team, 2.) extensive geographic coverage, 3.) and advanced in-house built technology for sourcing (Searchlight) and analytics (DeepDive).

Blue Matter Buys Healthcare-Focused PR Company Sam Brown

By Amit Chowdhry ● Sep 25, 2024

Blue Matter, a consulting firm serving the life sciences industry, announced the acquisition of Sam Brown Inc., a leading integrated healthcare communications and public relations agency focused on corporate, clinical and commercial communications for the life sciences industry.

Oak Essentials: Inaugural Growth Investment Raised From Silas Capital And Unilever Ventures

By Amit Chowdhry ● Sep 25, 2024

Oak Essentials, a natural skincare brand founded by Jenni Kayne, announced it has secured a first round of dual funding from Silas Capital and Unilever Ventures to fuel its expansion. The funding will enable enhanced product development, increased marketing efforts, and broader distribution.

Advisory-Focused Investment Bank PJT Partners Buying deNovo Partners

By Amit Chowdhry ● Sep 25, 2024

PJT Partners has agreed to acquire deNovo Partners, a leading advisory firm focused on the Middle East and based in Dubai. This deal builds on the highly successful strategic alliance PJT Partners and deNovo entered into in 2020.

Macquarie Asset Management To Buy Minority Stake In D. E. Shaw Renewable Investments

By Amit Chowdhry ● Sep 25, 2024

Macquarie Asset Management (MAM), DESRI, and the D. E. Shaw group announced that MAM has agreed to acquire a significant minority stake in DESRI via several MAM-managed funds. These funds include Macquarie Global Infrastructure Fund (MGIF), Macquarie Green Energy and Climate Opportunities Fund (MGECO), and Macquarie Energy Transition Infrastructure Fund International (METI).

PCI Pharma Services Investing Over $365 Million To Support Drug-Device Commercialization

By Amit Chowdhry ● Sep 25, 2024

PCI Pharma Services (PCI), a leading global contract development and manufacturing organization (CDMO) focused on biopharma’s most complex therapies, announced it is investing over $365 million in infrastructure supporting the clinical and commercial-scale final assembly and packaging of drug-device combination products utilizing advanced drug delivery systems, with an emphasis on injectable formats. The effort is part of PCI’s global investment plan, anchored and funded by recent new business featuring new and expanded facilities in Europe and North America. It is designed to augment and accommodate future growth.

True North Advisors Acquires $470 Million Clear Rock Advisors Team

By Amit Chowdhry ● Sep 25, 2024

True North Advisors, a Texas-based registered investment adviser (RIA) with $3.9 billion in Assets Under Management (AUM), has acquired Clear Rock Advisors, a wealth management and investment firm managing approximately $470 million in AUM with offices in Dallas, Austin, and Kerrville, Texas.

Orpyx: Diabetic Care Company Raises $20 Million In Growth Capital

By Amit Chowdhry ● Sep 25, 2024

Orpyx Medical Technologies, a leader in diabetic foot ulcer (DFU) and amputation prevention, announced the completion of an additional $20 million in growth capital led by Perceptive Advisors (Perceptive).

Metabase Q: $11 Million (Series A Extension) Raised To Help Reduce Cybersecurity Risks

By Amit Chowdhry ● Sep 25, 2024

Metabase Q, an IT cybersecurity management company, announced $11 million extension Series A round. SYN Ventures (a VC firm focused on investing in innovative security companies) led both A rounds and John Watters, former president and COO of Mandiant, an independent board director of Metabase Q, participated in both.

DeepLook Medical: Medical Imaging Company Raises Series A

By Amit Chowdhry ● Sep 25, 2024

DeepLook Medical - a healthtech company specializing in visual enhancement technology for advanced medical imaging - announced it marked the 11th investment in Xcellerant VC Fund 1. Michael Shufeldt, MBA, Principal at Xcellerant Ventures, will join the board.

Why OYO Is Buying G6 Hospitality From Blackstone Real Estate For $525 Million

By Amit Chowdhry ● Sep 25, 2024

Oravel Stays (the parent company of the global travel technology company OYO) announced that it has agreed to acquire G6 Hospitality—the leading economy lodging franchisor and parent company of the iconic Motel 6 and Studio 6 brands—from Blackstone Real Estate for $525 million in an all-cash deal.

Mesa: Homeowner Membership Company Raises $9.2 Million (Seed)

By Amit Chowdhry ● Sep 25, 2024

Homeowner membership platform Mesa announced it exited stealth with $9.2 million in seed funding. This $7.2 million seed funding was led by Streamlined Ventures with Starting Line, Assurant Ventures, Vera Equity, Redwood Trust Horizons, Clocktower Ventures, and several other firms and strategic investors participating. Mesa also received an additional $2 million in venture debt from Silicon Valley Bank (SVB), a division of First Citizens Bank.

Picus Security: Security Validation Company Raises $45 Million

By Amit Chowdhry ● Sep 25, 2024

Security validation company Picus Security announced it closed a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund, bringing Picus’ total funds raised to $80 million. Picus has 500+ enterprise customers worldwide today, and this latest investment will advance Picus’ continued product innovation and expand customer success, sales, and marketing.

Cercle: $6 Million (Seed) Secured To Advance Women’s Healthcare

By Amit Chowdhry ● Sep 25, 2024

Cercle, an AI-based company that unlocks women’s healthcare data at scale into insights for optimal patient and business outcomes, announced it has raised $6 million in seed funding. This funding was led by Outsiders Fund (an early-stage VC firm). And additional investments were made by FemHealth Ventures, CGHealth Ventures, and Rogue Women’s Fund. They join existing investors Sheryl Sandberg and Tom Bernthal’s SBVP fund, and several individual angel investors.