Archives

Samsara Vision: Interview With President And CEO Thomas Ruggia About The Implantable Ophthalmic Device Company

By Amit Chowdhry ● Jan 10, 2025

Samsara Vision is a medical device company engaged in the research, development, manufacture, and marketing of proprietary implantable ophthalmic devices and technologies that are intended to significantly improve vision and quality of life for individuals with untreatable retinal disorders. Pulse 2.0 interviewed Samsara Vision President and CEO Thomas Ruggia to learn more about the company.

ONRAD Buying Emergency Imaging And Teleradiology Company Direct Radiology

By Amit Chowdhry ● Jan 10, 2025

ONRAD, a leading radiology services company delivering remote teleradiology final-read impressions across all healthcare settings and full-service radiology solutions for hospitals, announced the acquisition of teleradiology group Direct Radiology from Royal Philips, a global leader in health technology. And the resulting unified organization creates the most significant independent teleradiology provider in the United States. The financial terms of the acquisition were not disclosed.

Geneoscopy: $105 Million (Series C) Raised For Developing Advanced Gastrointestinal Diagnostic Tests

By Amit Chowdhry ● Jan 10, 2025

Geneoscopy - a life sciences company focused on developing diagnostic tests for advancing gastrointestinal health - announced the closing of a Series C funding round raising $105 million. Bio-Rad Laboratories led the financing and was joined by Petrichor, Labcorp, Morningside Ventures, Lightchain Capital, NT Investments, Granger Management and Mercy Health, Tri Locum Partners, and others.

Frontier Direct Care: Employer-Funded Healthcare Leader Closes $20 Million (Series B)

By Amit Chowdhry ● Jan 10, 2025

Frontier Direct Care, a leading innovator in employer-funded healthcare, announced the initial closing of its $20 million Series B funding round, led by Mehshah Capital. This funding will accelerate the company's mission to transform healthcare by delivering affordable and high-quality care to employees and their families.

Scrum Ventures Closes New Tech Fund At $68 Million

By Amit Chowdhry ● Jan 10, 2025

Scrum Ventures, an early-stage venture capital firm, announced the closing of its first vertically focused tech fund Scrum Sports & Entertainment Fund I (SSE). This new fund, which closed at $68 million, invests in technology companies that support the growth of the sports and entertainment sector but also transcend the vertical and address market inefficiencies in other industries.

Relief Cardiovascular: $12 Million (Series A) Raised To Develop Transcatheter Implants

By Amit Chowdhry ● Jan 10, 2025

Relief Cardiovascular, an inQB8 Medical Technologies portfolio company pioneering innovative solutions for the management of heart failure, announced the closing of a $12 million Series A funding round. This funding round was co-led by Broadview Ventures and Advent Life Sciences, with participation from Pacific Health Investment, Heartwork Capital, and an undisclosed multinational strategy.

Expansion Capital Group: $100 Million Credit Facility Secured For Accelerating Growth

By Amit Chowdhry ● Jan 10, 2025

Expansion Capital Group (ECG), a provider of working capital solutions for small businesses, announced the closing of a $100 million credit facility. And this achievement reinforces ECG’s dedication to empowering small businesses nationwide by delivering fast and dependable access to capital.

FTV: $4.05 Billion In Capital Commitments Raised

By Amit Chowdhry ● Jan 10, 2025

Growth equity investment firm FTV Capital announced the completion of its latest growth equity fundraising with $4.05 billion in capital commitments. And spanning two complementary funds – its eighth flagship fund (FTV VIII) and a new vehicle dedicated to smaller investments FTV Ascend I, the new funding enables FTV to expand its approach to supporting high-growth companies with equity checks ranging from $20 million to $300 million while maintaining a concentrated portfolio of investments in its funds.

lowRISC: Interview With CEO Gavin Ferris About The Open Source Silicon Design Company

By Amit Chowdhry ● Jan 10, 2025

lowRISC is a not-for-profit engineering company that creates and maintains commercial-grade open-source silicon designs through its collaborative Silicon Commons approach. Pulse 2.0 interviewed lowRISC CEO Gavin Ferris to learn more about the company.

MD Anderson Cancer Center And Myriad Genetics Sign Strategic Alliance

By Amit Chowdhry ● Jan 10, 2025

The University of Texas MD Anderson Cancer Center and Myriad Genetics announced a five-year strategic alliance to accelerate the clinical evaluation and development of Myriad’s molecular residual disease (MRD) assay. This deal brings together the longstanding oncology diagnostic experience of Myriad Genetics and the clinical and translational research expertise of MD Anderson to create a portfolio of studies to evaluate the clinical validity and utility of Myriad’s Precise MRD.

Qualified Health: $30 Million (Seed) Raised For Developing GenAI Infrastructure In Healthcare

By Amit Chowdhry ● Jan 10, 2025

Qualified Health announced its launch with $30 million in seed funding to develop the infrastructure for generative AI in healthcare. The major investors are SignalFire, Healthier Capital, Town Hall Ventures, and Frist Cressey Ventures, with participation from Intermountain Ventures, Flare Capital Partners, and prominent healthcare and technology sector angels.

Flint Capital: Interview With Partner Andrew Gershfeld About The Early-Stage Investment Firm

By Amit Chowdhry ● Jan 10, 2025

Flint Capital is an early-stage venture capital fund that has invested in companies like Flo Health, Bluebricks, Sensi.AI, BlinqIO, Oneday, WalkMe, and Lending Club. Pulse 2.0 interviewed Flint Capital partner Andrew Gershfeld to learn more about the firm.

Union: Interview With Co-Founder Emir Beriker About The Modular Interoperability Layer Company

By Amit Chowdhry ● Jan 10, 2025

Union is a modular interoperability layer that is adding support for Arbitrum, bridging its ecosystem with IBC-enabled chains and other networks Union is integrating with including Polygon, Scroll, and Movement. Pulse 2.0 interviewed Union co-founder Emir Beriker to learn more about the company.

XOCEAN: Ocean Data Provider Company Raises €115 Million

By Amit Chowdhry ● Jan 10, 2025

XOCEAN, an ocean data provider to the offshore energy and civil hydrography sectors, announced it closed a €115 million fundraise that will help support its ongoing growth across the company's expanding global footprint. The company partnered with S2G Ventures (S2G) to structure the round, which was funded by S2G, Climate Investment (CI), Morgan Stanley's 1GT fund, and an affiliate of the Crown Family's CC Industries (CCI) - collectively known as the investor consortium.

Rena Labs: Autonomous And Verifiable AI Solutions Company Raises $3.3 Million

By Amit Chowdhry ● Jan 10, 2025

Rena Labs, a company aiming to enable the next generation of autonomous and verifiable AI solutions, announced closing a $3.3 million pre-seed funding round led by Paper Ventures. And the company attracted investment from several venture capital firms, including Lightspeed Faction, Eterna Capital, Lyrik Ventures, Mapleblock Capital, Selini Capital, Keyrock, and others.

Iron Glass: Interview With Founder Alberto Oscar Fontela About The Vehicle Protection Company

By Amit Chowdhry ● Jan 10, 2025

Iron Glass is a company that secures vehicles by utilizing advanced polymers. Pulse 2.0 interviewed Iron Glass founder Alberto Oscar Fontela to learn more about the company.

ZenBusiness: Interview With Shanaz Hemmati About The Small Business Owner Platform Company

By Amit Chowdhry ● Jan 10, 2025

ZenBusiness is the all-in-one platform and trusted partner for small business owners, providing business formation, compliance, banking, bookkeeping, and marketing tools in an intuitive and personalized dashboard. Pulse 2.0 interviewed ZenBusiness co-founder and COO Shanaz Hemmati to learn more about the company.

BWXT To Buy Kinectrics In $525 Million Deal

By Amit Chowdhry ● Jan 9, 2025

BWX Technologies agreed to buy Kinectrics for about $525 million, including the assumption of Kinectrics’ net pension and debt liabilities and estimated transaction expenses. Kinectrics is a leader in offering lifecycle management services for the global nuclear power and transmission and distribution markets and in the production and supply of isotopes for the radiopharmaceutical industry.

Bowmans Hires Many Former Members Of A&O Shearman South Africa

By Amit Chowdhry ● Jan 9, 2025

African law firm Bowmans announced it welcomed most of the former A&O Shearman South Africa (AOS) members to its Cape Town and Johannesburg offices.

Wellful Buying Superfood Company Ancient Nutrition

By Amit Chowdhry ● Jan 9, 2025

Wellful - an omnichannel health and wellness platform and a Kainos Capital portfolio company - announced the acquisition of Ancient Nutrition from VMG Partners, Hillhouse Investment, and other unit holders.

Grove: $4.9 Million (Seed) Raised For Transforming Clinical Trials

By Amit Chowdhry ● Jan 9, 2025

Grove AI, a next-generation clinical trial management and intelligence company, announced a $4.9 million seed fundraise led by A*, with participation from Afore Capital, LifeX Ventures, Pear VC, Upfront Ventures, and industry-leading angels. The company’s additional investors include angel backers with deep sector expertise, such as Ajit Baid (former Head of Global Asset at UCB), Chloe Yoo (Director at ICON), Phuc Truong (co-founder of CRIO), Till Pieper (former Google Cloud AI lead), and others.

Cemex Raises Funding To Deploy Lower-Emission Vehicles

By Amit Chowdhry ● Jan 9, 2025

Cemex announced its participation in multiple government-sponsored sustainability initiatives and secured funding from state and federal programs to deploy several lower-emission vehicles across its U.S. footprint. This investment is crucial in the company's ongoing efforts to decarbonize its operations.

ACON Investments Buying Lifestyle Brand True Religion

By Amit Chowdhry ● Jan 9, 2025

ACON Investments and its affiliates announced the acquisition of a controlling stake in True Religion, a lifestyle, apparel, and accessories brand known for its quality craftsmanship, unique designs, and sophisticated stitching. The financial terms of the transaction were not disclosed.

EP Wealth Advisors Acquiring $1.6 Billion Advisory Firm Executive Wealth Management

By Amit Chowdhry ● Jan 9, 2025

EP Wealth Advisors - a leading fee-only registered investment adviser (RIA) with a growing national footprint - has announced the acquisition of Executive Wealth Management (EWM) in Michigan. This partnership establishes EP Wealth’s first offices in Michigan. It strengthens the firm’s presence in the Midwest while adding approximately $1.6 billion in assets under management (AUM) and bringing EP’s total AUM to over $31 billion.

Renaissance Buying Business Of Consolidated Insurance Agents

By Amit Chowdhry ● Jan 9, 2025

Renaissance, a premier network of independent insurance agencies, announced it has acquired the agency network business of Consolidated Insurance Agents (CIA), an agency group based in Buffalo, N.Y. And the arrangement gives CIA’s 23 members – collectively representing $47 million in premium – the opportunity to utilize the benefits that help Renaissance’s members improve their agency efficiency, drive revenue, and increase profitability.

CoreLogic Buying Construction-Focused Technology Company Prime Ecosystem

By Amit Chowdhry ● Jan 9, 2025

CoreLogic, a leader in property information, analytics, and data-enabled solutions, announced the acquisition of Prime Ecosystem, a prominent technology firm specializing in construction, restoration, and maintenance management platforms in Australia.

Ault & Company Acquiring Increased Majority Stake In Hyperscale Data

By Amit Chowdhry ● Jan 9, 2025

Ault & Company announced that it had increased its controlling stake in Hyperscale Data, a diversified holding company transitioning to becoming solely an owner and operator of data centers to support high-performance computing services.

Micron Biomedical: $43 Million In Total Grant Support Raised To Improve Coverage Of Measles And Rubella Vaccine

By Amit Chowdhry ● Jan 9, 2025

Micron Biomedical, a life science company developing the world’s first needle-free technology for drugs and vaccines based on dissolvable microarrays, announced the company secured a $7.5 million grant from the Bill & Melinda Gates Foundation that brings total grant funding from the organization to $43 million.

Gain Therapeutics Appoints Gene Mack As CEO And Director

By Amit Chowdhry ● Jan 9, 2025

Gain Therapeutics - a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies - announced that Gene Mack, who has served as the company’s Chief Financial Officer since April 2024 and interim CEO since June 2024, has been appointed President and Chief Executive Officer. Mack has also been appointed as a member of the company’s Board of Directors.

Innovaccer: Healthcare AI Company Raises $275 Million (Series F)

By Amit Chowdhry ● Jan 9, 2025

Innovaccer - a leading healthcare AI company - announced a $275 million Series F funding round. This round was a combination of primary and secondary and included participation from B Capital Group, Banner Health, Danaher Ventures LLC, Generation Investment Management, Kaiser Permanente, and M12.