Archives

CorFlow Therapeutics: €44 Million (Series B) Raised For Advancing Drug Delivery Platform Related To Microvascular Obstruction In Heart Attack Patients

By Amit Chowdhry ● Sep 12, 2024

CorFlow Therapeutics AG announced that it has raised €44 million in Series B funding, co-led by Broadview Ventures and Panakes Partners with strong continued support from 415 Capital (CorFlow's initial VC investor and largest shareholder). Merieux Equity Partners, Laerdal Million Lives Fund, Wellington Partners, M&L Investments, Unorthodox Ventures, KOFA Healthcare, and Monte Carlo Capital participated in the multinational syndicate.

Paul Hastings Brings In Tech M&A And VC Partner Ian Engstrand To Boston

By Amit Chowdhry ● Sep 12, 2024

Paul Hastings announced that Ian Engstrand has joined the firm as a partner to strengthen the firm's global M&A capabilities and emerging companies/venture capital practice and further expand its presence in Boston.

Daisy: Home Technology Installation Company Raises $7 Million (Series B)

By Amit Chowdhry ● Sep 12, 2024

National home technology installation and services company Daisy announced a $7 million Series B funding round, bringing the total investment to date to over $20 million in its first year. This funding round was led by Goldcrest and Bungalow, who also led the company’s Series A and seed rounds. The additional Series A investors joining this round include consumer-oriented investors Bullish and Burst Capital.

Cetera Brings In Innovative Premier Financial Services Team

By Amit Chowdhry ● Sep 12, 2024

Premier financial advisor Wealth Hub Cetera Financial Group announced that a seven-person team led by a husband and wife duo doing business as Innovative Premier Financial Services (IPFS) has joined Cetera Wealth Partners. Headed by Managing Partners David and Kate Frank, the team offers comprehensive financial planning and investment advice to approximately 500 clients. IPFS serves clients who are focused not just on the accumulation of wealth but also on legacy, estate, and business planning.

Baird: Darrell Reynard Joins Fairfax Private Wealth Management Office

By Amit Chowdhry ● Sep 12, 2024

Baird, an employee-owned, international wealth management, asset management, investment banking/capital markets and PE firm, announced it has added Darrell Reynard as a Director and Financial Advisor to its wealth management office in Fairfax, VA.

Circle Pharma: $90 Million (Series D) Raised For Improving Oral Macrocycle Therapies

By Amit Chowdhry ● Sep 12, 2024

Circle Pharma, a clinical-stage biopharmaceutical company focused on discovering and developing cell-permeable macrocycles as a new class of therapies, announced the successful closing of a $90 million Series D financing round - which includes the conversion of a convertible note. The Column Group led this funding with participation from new and existing investors, including Nextech Invest and Euclidean Capital.

Parafin: Financial Infrastructure Company Closes $93 Million Debt Facility

By Amit Chowdhry ● Sep 12, 2024

Parafin, an embedded finance leader, announced that it closed a $93 million debt facility with Jefferies and Trinity Capital. And their investment has the potential to increase to $187 million.

Melodi Health: Medical Device Company Secures $10.75 Million (Series A)

By Amit Chowdhry ● Sep 12, 2024

Medical device company Melodi Health announced two milestones: the closing of a $10.75 million oversubscribed Series A funding and the launch of the "ARIA" investigational device exemption (IDE) trial aimed at improving clinical outcomes for women undergoing breast reconstruction after mastectomy. The Series A investors include HM Venture Partners, Engage Venture Partners, Southeast Minnesota Capital Fund, and Three Bridges Private Capital.

Wingspire Equipment Finance: $2 Billion In Funding Volume Surpassed

By Amit Chowdhry ● Sep 12, 2024

Wingspire Equipment Finance announced a significant company milestone, surpassing $2 billion in funded transactions. This milestone validates the company's rapid growth and dedication to providing exceptional financial solutions for its clients.

Kredete: $2.25 Million (Seed) Raised To Help African Immigrants Build Credit And Send Money Home

By Amit Chowdhry ● Sep 12, 2024

Kredete, a financial software platform focused on helping African immigrants build credit and send money back home, announced it has raised $2.25 million in seed funding. This funding round was led by Blockchain Founders Fund, with participation from notable investors, including Techstars, Tezos Foundation, Polymorphic Capital, Launch Africa, Neer Venture Partners, and DNA Fund. The round also included contributions from angel investors.

ThinkCyte: $32 Million (Series C) Closed To Advance Morphometric Cell Sorting Platform

By Amit Chowdhry ● Sep 12, 2024

ThinkCyte announced the completion of a Series C funding round. Including the equity funding secured last November, the company raised an additional $15 million in the extension round, bringing the total to $32 million. This extension round was led by Japan Green Investment Corp. for Carbon Neutrality (JICN), KIRIN-GB Fund I L.P., and SMBC Venture Capital No. 7 Investment Limited Partnership. And the company also secured a loan from Japan Finance Corporation.

University Of Vermont And BioLabs Launching Startup Incubator

By Amit Chowdhry ● Sep 12, 2024

The University of Vermont (UVM), which is Vermont’s flagship land-grant university, announced a partnership with Cambridge, Massachusetts–based BioInnovation Labs (BioLabs), an internationally known innovation lab platform with a network of shared lab and office workspaces, to launch a dedicated incubator at UVM’s Colchester facility. The timing of this announcement coincides with the Dean’s Celebration of Excellence in Research happening in late September.

LiveOak Fiber Raises Funding To Expand High-Speed Broadband Access

By Amit Chowdhry ● Sep 12, 2024

LiveOak Fiber - a regional broadband service provider founded in 2022 - announced it has secured additional funding through a co-investment partnership between InfraRed Capital Partners and MEAG, the Asset Manager of Munich Reinsurance Company (Munich Re) and its wholly owned direct and indirect subsidiaries. This co-investment commitment was granted to LiveOak for clients managed by MEAG. This new funding will further support LiveOak's mission to deliver high-speed broadband to underserved markets in the southeast US.

Mastercard Buying Global Threat Intelligence Company Recorded Future For $2.65 Billion

By Amit Chowdhry ● Sep 12, 2024

Today, Mastercard expanded its cybersecurity services with an agreement to acquire global threat intelligence company Recorded Future from Insight Partners for $2.65 billion. The acquisition supports the insights and intelligence used to secure the digital economy, including the payments ecosystem and beyond.

Versana: $26 Million Raised With Barclays Added As An Investor

By Amit Chowdhry ● Sep 12, 2024

Versana announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized and real-time digital data platform. The company’s existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. Plus, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana's next-generation platform.

Qualifyze: Life Sciences Supplier Risk Management Company Raises $54 Million (Series B)

By Amit Chowdhry ● Sep 12, 2024

Qualifyze, a supplier risk management company in the Life Sciences industry, announced $54 million in Series B funding from Insight Partners. Existing investors HV Capital, HarbourVest Partners, H14, and Cherry Ventures also participated.

Track3D: Construction Reality Intelligence Company Raises $4.3 Million (Seed)

By Amit Chowdhry ● Sep 12, 2024

AI-based reality construction intelligence company Track3D announced it has raised $4.3 million in seed funding. This funding round will drive the adoption of Track3D's unified reality capture data platform, designed for intelligent, comprehensive, AI-powered construction progress monitoring. This seed funding round was led by Endiya Partners, with participation from Shadow Ventures, Monta Vista Capital and others. The funding will be used to expand Track3D's product offerings and bolster its go-to-market efforts.

Strider Technologies: Strategic Intelligence Provider Secures $55 Million (Series C)

By Amit Chowdhry ● Sep 12, 2024

Strider Technologies, a leading provider of strategic intelligence, announced that it has closed $55 million in Series C funding. Pelion Venture Partners led the round, which also includes participation from AXA Venture Partners (AVP) and existing investors Valor Equity Partners, DataTribe, and Cyfr Capital. Blake Modersitzki, a partner at Pelion, will join Strider's Board of Directors.

Segmed: Medical Imaging Data Company Raises $10.4 Million (Series A)

By Amit Chowdhry ● Sep 12, 2024

Segmed - a leader in providing real-world imaging data for health innovation - announced it has raised a $10.4 million Series A funding round. This oversubscribed round was led by iGan Partners and Advocate Health, with participation from Castellan Group, Engine Health Capital, Bold Brain Ventures, Fox Chase Cancer Center, and existing investors including Y Combinator, Nina Capital, Nova Capital, Blumberg Capital, and Expeditions Fund. The current Series A funding round follows a financing by Flashpoint Growth Debt Fund received in 2023.

Sports Talent Management Company GSE Worldwide Raises Strategic Investment

By Amit Chowdhry ● Sep 12, 2024

GSE Worldwide, a leader in athlete talent management and sports marketing partnerships, announced that BC Partners Credit (the $8 billion credit arm of BC Partners), a leading alternative investment firm has made a strategic investment into the company, joining Gatemore Capital Management as investors, and providing committed financing to support GSE's growth plans.

Monda: Data Monetization Platform Company Raises $5 Million (Seed)

By Amit Chowdhry ● Sep 12, 2024

Monda, an all-in-one data monetization platform, announced it has raised $5 million in seed funding. The funding round was led by Senovo and Acrobator Ventures, with participation from Techstars. This funding will be used to expand operations in the US, grow its partner ecosystem, and enhance its platform to make data monetization easier for companies of all sizes.

Champion: Customer Advocacy Company Raises $3.3 Million

By Amit Chowdhry ● Sep 12, 2024

Champion, an AI-based customer advocacy platform, announced the closing of an oversubscribed $3.3 million seed round led by Flyover Capital, with continued investment from High Alpha and participation from Bread & Butter Ventures and Stage 2 Capital. This funding will accelerate Champion's mission to drive efficient growth for businesses by identifying and activating their hidden customer advocates.

Xyte: Offering A Full-Stack Servitization Platform Built For Device And Hardware Companies

By Amit Chowdhry ● Sep 11, 2024

Xyte is a company that has developed the first all-in-one servitization platform purpose-built for device and hardware manufacturers. And it enables OEMs across different industries to cloudify, service, support, and commercialize their connected devices in one place, transforming them into integrated business solutions that combine hardware, software, and services. Pulse 2.0 interviewed Xyte CEO and co-founder Omer Brookstein to learn more about the company.

Meatable: Interview With Co-Founder Daan Luining About This Guilt-Free Cultivated Meat Company

By Amit Chowdhry ● Sep 11, 2024

Meatable is a company that makes 100% guilt-free meat. With one cell, Meatable is transforming the meat industry's impact on climate change and animal welfare. Pulse 2.0 interviewed Meatable co-founder and CTO Daan Luining to learn more about the company.

Rep AI: $8.2 Million Raised To Help E-Commerce Merchants Deliver Personalized Sales Assistance At Scale

By Amit Chowdhry ● Sep 11, 2024

Rep AI Technologies, the creator of an AI Concierge, announced it has raised $8.2 million in funding. This funding round was led by Osage Venture Partners (OVP), which was joined by Flashpoint Venture Capital and Oryzn Capital.

Mercer Advisors Brings In $412 Million Benchmark Wealth Management Team

By Amit Chowdhry ● Sep 11, 2024

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced the acquisition of Benchmark Wealth Management.

Elum Energy Raises $13 Million (Series B) To Address Global Renewable Market

By Amit Chowdhry ● Sep 11, 2024

Elum Energy - a provider of advanced energy management solutions for renewable energy systems - announced it secured $13 million in Series B funding led by Energize Capital, with participation from existing investors Alter Equity and Cota Capital. This funding will support the company's ambitious growth plans to address the booming global renewable market, such as a U.S. launch and product evolution within the energy storage and EV integration categories.

Moody’s Buys Casualty Insurance Analytics Company Praedicat

By Amit Chowdhry ● Sep 11, 2024

Moody’s announced that it had acquired Praedicat, a leading provider of casualty insurance analytics. This acquisition adds comprehensive casualty and liability modeling to Moody’s range of market-leading solutions for the insurance industry, enhancing its overall risk assessment strategy.

Indus Valley Partners Buys Alt Investment Software Company IntegriDATA

By Amit Chowdhry ● Sep 11, 2024

Indus Valley Partners (IVP), a global provider of software and technology solutions to the world’s most sophisticated investment managers backed by PPC Enterprises (PPC), which is a specialist middle-market private equity firm and minority investor in IVP, announced that it has agreed to acquire IntegriDATA, a leader in alternative investment software solutions. The terms of the deal were undisclosed.

Mesirow Acquires Florida-Based RIA Firm Price Wealth Management

By Amit Chowdhry ● Sep 11, 2024

Mesirow, an independent employee-owned financial services firm, announced the acquisition of Price Wealth Management, an established RIA firm based in Stuart, Florida. This deal builds on Mesirow’s significant existing footprint in the area, including offices in Miami and Boca Raton. Price Wealth Management was represented by DeVoe & Company, a leading consulting firm and investment bank to RIAs.