Archives

Gnosis Freight: Strategic Growth Investment Raised From Vista Equity Partners

By Amit Chowdhry ● Sep 27, 2024

Gnosis Freight—a leading provider of supply chain visibility and execution software designed to manage the full lifecycle of the shipping container—announced a strategic growth investment from Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses. The investment supports Gnosis’ mission to help logistics companies work together better across the entire ecosystem.

Vicebio: $100 Million (Series B) Raised To Develop Novel Vaccines Against Respiratory Viral Infections

By Amit Chowdhry ● Sep 27, 2024

Vicebio, a biopharmaceutical company developing novel vaccines against life-threatening respiratory viral infections, announced a $100 million Series B financing led by TCGX. Goldman Sachs Alternatives, Avoro Ventures, and venBio invested, and UniQuest and founding investor Medicxi participated.

Springboard Enterprises: Inaugural 2024 Healthcare And Technology Accelerator Program Cohort Revealed

By Amit Chowdhry ● Sep 27, 2024

Springboard Enterprises, a leader in women-led innovation, announced its 2024 Healthcare and Technology Cohort. These nine selected companies, led by innovative female founders, address key healthcare areas, such as cancer diagnostics, antimicrobial resistance, and at-home diagnostics, each contributing solutions to improve patient care.

SeatBoost: Investment Raised From International Airlines Group

By Amit Chowdhry ● Sep 27, 2024

SeatBoost, a company transforming the air travel experience through dynamic seat upgrade solutions, announced an investment from the International Airlines Group (IAG). This funding round marks an important milestone in SeatBoost's mission to bring joy to travelers' experiences while generating incremental non-dilutive revenue for partner airlines.

Piramidal: Interview With Co-Founder Kris Pahuja About This Brain Language AI Company

By Amit Chowdhry ● Sep 27, 2024

Piramidal (YC W24) is a company that is building a first-of-its-kind foundation model that can detect and understand complex “brain language” or brainwaves. Pulse 2.0 interviewed Piramidal co-founder Kris Pahuja to learn more about the company.

SchoolJoy: The Story Behind This Learner Experience Management Platform Operating In A $75+ Billion Market

By Amit Chowdhry ● Sep 27, 2024

SchoolJoy is a company that empowers K-12 institutions to ensure the holistic success of every student. Pulse 2.0 interviewed SchoolJoy founder Ian Zhu to learn more about the company.

David Energy: $23 Million Secured For Running The Grid On Clean Energy

By Amit Chowdhry ● Sep 26, 2024

Gridtech company David Energy announced that it has secured $23 million in funding to transform the retail energy market and make a clean energy grid a reality. This funding was led by Cathay Innovation, with participation from previous investors Union Square Ventures, Keyframe Capital, Equal Ventures, and BoxGroup, among others. These new funds will support David Energy's mission to run the grid 24/7/365 on clean energy.

Kestra: Open-Source Orchestration Platform Company Secures $8 Million (Seed)

By Amit Chowdhry ● Sep 26, 2024

Kestra - a unified orchestration platform - announced it raised $8 million in seed investment. This funding round is led by Alven, along with ISAI, Axeleo Capital, and several founders and CEOs from renowned technology companies who have invested in Kestra during this round, including Tristan Handy (dbt Labs); Michel Tricot (Airbyte); Olivier Pomel (Datadog); Clement Delangue (Hugging Face); Bertrand Diard (Talend); Nicolas Dessaigne (Algolia); and Frédéric Plais (Platform.sh). The new funding round will accelerate hiring and fuel the company's growth strategy across North America and EMEA.

MetOx: High-Temperature Superconducting Wire Company Raises $25 Million (Series B Extension)

By Amit Chowdhry ● Sep 26, 2024

MetOx International - a leading U.S.-based developer and manufacturer of high-temperature superconducting (HTS) wire - announced the closing of a $25 million Series B Extension. And as part of this funding, we welcome several marquee investors, including an energy-focused family office, Centaurus Capital, and premier climate and energy transition-focused venture firm New System Ventures (NSV). This funding signals strong investor confidence in the company's rapid scale-up of its Xeus HTS wire technology for key energy transition applications.

Field Agent: Strategic Growth Investment Raised From Five Elms Capital

By Amit Chowdhry ● Sep 26, 2024

Field Agent, a retail technology platform offering software and data solutions to consumer packaged goods (CPG) and retail industries, announced the successful completion of its strategic growth investment. This funding round, led by Five Elms Capital, marks a major milestone in Field Agent's growth trajectory as it continues to expand its market presence and AI-driven solutions capabilities, including its recent acquisition of Shelfgram and its Virtual Storewalk technology.

Pyka: Electric Aviation Company Raises $40 Million (Series B)

By Amit Chowdhry ● Sep 26, 2024

Pyka, an electric aviation technology leader that designs and manufactures large-scale autonomous electric aircraft, announced a $40 million Series B funding round. Obvious Ventures led the round, which included new and existing investors, including Piva Capital, Prelude Ventures, Metaplanet Holdings, and Y Combinator.

Wonderschool: Interview With CEO & Founder Chris Bennett About The Early Education Platform

By Amit Chowdhry ● Sep 26, 2024

Wonderschool is a company that is on a mission to ensure every child has access to high-quality early childhood education within five minutes of their home, and do this by empowering early educators to build sustainable businesses that meet the unique needs of families across the nation. Pulse 2.0 interviewed Wonderschool CEO and founder Chris Bennett to learn more about the company.

Kestra Financial Onboards $225 Million Boutique Advisory Firm Erudite Wealth Management

By Amit Chowdhry ● Sep 26, 2024

Industry-leading wealth management platform Kestra Financial announced the addition of Erudite Wealth Management, a full-service wealth management firm employing a proactive approach to serving clients through care and attention to detail.

Martian: LLM Router Company Raises Funding From Accenture Ventures

By Amit Chowdhry ● Sep 26, 2024

Accenture announced it has invested through Accenture Ventures in Martian, a technology company that has built a patent-pending large language model (LLM) router. For any prompt, Martian's router will find and use the LLM that will give users the best result at the lowest cost.

CytoAgents: Cytokine Release Syndrome Treatment Company Receives Third Grant From NIH

By Amit Chowdhry ● Sep 26, 2024

CytoAgents - a clinical-stage biotechnology company dedicated to developing a safe and effective treatment for Cytokine Release Syndrome (CRS) - announced that it has been awarded a $2 million National Institutes of Health (NIH) grant, the third NIH grant in four years.

BNP Associates Raises Strategic Funding From Godspeed Capital

By Amit Chowdhry ● Sep 26, 2024

BNP Associates (a leading air transportation design and engineering firm) announced that it has received a strategic investment from Godspeed Capital Management (a lower middle-market Defense & Government services, solutions, and technology-focused private equity firm). The financial terms of the deal were undisclosed.

Zing Health: Medicare Advantage insurer Raises $140 Million

By Amit Chowdhry ● Sep 26, 2024

Zing Health - a leading Medicare Advantage insurer - announced it has raised an incremental $140 million in a funding round. Leading venture investors Health 2047 Capital Partners, CRG, and First Trust Capital Partners participated along with existing investors Newlight Partners, Town Hall Ventures, Health 2047, and Leavitt Equity Partners.

ReSync Bio: Drug Discovery Data Automation Company Raises Funding

By Amit Chowdhry ● Sep 26, 2024

ReSync Bio, a scientific software provider accelerating preclinical R&D, announced its official launch and a funding round from Caffeinated Capital, Atria Ventures, and leading angel investors, including Ramsey Homsany, co-founder of Octant Bio. The company will use the funds to make key hires and commercialize its platform, which is now available for use by companies and academics.

VALD Raises Growth Equity Investment From FTV

By Amit Chowdhry ● Sep 26, 2024

VALD, a global health technology company and the system of choice for musculoskeletal (MSK) health professionals announced a significant growth equity investment from FTV Capital, a sector-focused growth equity firm. This investment will enable VALD to grow its global team into new markets, launch new product offerings and capabilities, and continue to utilize AI to create unique applications for the company’s proprietary dataset of tens of millions of MSK health records.

Latham & Watkins: Energy Tax Partner Scott Cockerham Added To Washington, D.C. Office

By Amit Chowdhry ● Sep 26, 2024

Latham & Watkins announced that Scott Cockerham joined the firm's Washington, D.C. office as a partner in the Transactional Tax Practice. And Cockerham advises global companies and investors on the tax aspects of investments in the renewable energy and energy transition sectors.

Centel Wealth Advisory: $2.2 Billion Team Creates New Indepedent Firm

By Amit Chowdhry ● Sep 26, 2024

Centel Wealth Advisory announced the launch of its new independent advisory firm headquartered in North Haven, CT. Centel offers objective advice, tailored planning and comprehensive services to help individuals and institutions manage their complex and evolving needs, protect and grow wealth, and achieve their goals.

Morgan Lewis: Structured Transaction Partner David Sylofski Added In NY

By Amit Chowdhry ● Sep 26, 2024

Morgan Lewis’ structured transactions practice is further expanding its capabilities with the arrival of veteran lawyer David Sylofski as a partner in New York. Sylofski arrives from Sidley Austin where he co-led its residential mortgage-backed securities (RMBS) team.

Clifford Chance Brings In Private Funds Counsel Matthew Holt In Washington, DC

By Amit Chowdhry ● Sep 26, 2024

Global law firm Clifford Chance announced it has hired Matthew Holt as counsel in the firm's Global Funds and Investment Management practice in Washington, DC. Holt's appointment will strengthen the firm's private funds capabilities.

Functional Finance: $20 Million (Series A) Raised To Transform FinOps

By Amit Chowdhry ● Sep 26, 2024

Functional Finance, a software platform transforming financial operations (FinOps) for managing general agents (MGAs), insurance companies, and wholesalers is pleased to announce the closing of a successful $20 million Series A funding round led by Walkabout Ventures (Walkabout), with participation from Munich Re Ventures and Phil Edmundson (the visionary behind Corvus Insurance).

Ubie: Interview With Co-Founder & Co-CEO Kota Kubo About This AI Symptom-Checker Service

By Amit Chowdhry ● Sep 26, 2024

Ubie is a health-tech company providing an AI symptom-checker with 10+ million monthly active users. Pulse 2.0 interviewed Ubie co-founder and co-CEO Kota Kubo to learn more.

Epica International: $18 Million Growth Capital Credit Facility Raised

By Amit Chowdhry ● Sep 26, 2024

Epica International - a global leader in advanced medical imaging and precision robotics - announced the closing of an $18 million growth capital credit facility with [Avenue Venture Opportunities Fund, L.P. and Avenue Venture Opportunities Fund II, L.P., which are funds of Avenue Capital Group. And the initial funding of $13.5 million will be used to refinance existing debt, support strategic expansion, and accelerate research and development initiatives. An additional $4.5 million is available in tranches based on the achievement of specific performance milestones.

z21 Ventures: $20 Million Raised For Fund II

By Amit Chowdhry ● Sep 26, 2024

z21 Ventures, a leading VC firm focused on early-stage technology investments, announced a $20 million first close for a $40 million Fund II from anchor investor WestBridge Capital, a global investment firm renowned for its strategic focus and robust portfolio.

c/side: $6 Million (Seed) Secured To Fend Off Browser Supply Chain Attacks

By Amit Chowdhry ● Sep 26, 2024

c/side, a cybersecurity company with tools for monitoring, optimizing, and securing vulnerable browser-side third-party scripts, announced $6 million in seed funding. This funding round was led by Uncork Capital, with participation from Mantis VC, Scribble Ventures, Roar Ventures and PrimeSet. c/side’s total funding is now $7.7 million, following a pre-seed round announced earlier this year. Plus, Scribble and Roar also participated in the pre-seed, along with strategic angel investors.

AtoB: Transportation-Focused Payment Solutions Company Raises $130 Million

By Amit Chowdhry ● Sep 26, 2024

AtoB, a leading provider of modern payment solutions for the transportation industry, announced significant growth and strategic milestones, including $130 million in new equity and debt funding to further support product and team expansion. And this momentum reflects AtoB's dedication to transforming the transportation sector through fintech solutions and strategic partnerships.

Tamnoon: Managed Cloud Security Remediation Company Raises $12 Million (Series A)

By Amit Chowdhry ● Sep 26, 2024

Tamnoon, a leader in Managed Cloud Security Remediation, announced it has raised $12 million in Series A funding. The funding round was led by cybersecurity investment firm [Bright Pixel Capital (formerly Sonae IM), with participation by new investors Blu Ventures and Mindset Ventures and existing investors Merlin Ventures, Secret Chord Ventures, Inner Loop Capital, and Elron Ventures.