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Rental Economy Loyalty Company Stake Buys Circa For $9.5 Million

By Amit Chowdhry ● Jun 17, 2024

Stake, a loyalty company for the rental economy, announced the acquisition of rent payments company Circa for $9.5 million in cash and stock. The acquisition creates a first for the rental economy: delivering no-fee rent payments with instant Cash Back for renters. Free payment processing and success-based collections management are now available alongside Stake's loyalty, renter banking services, and incentive optimization services.

Kestra Financial Brings In $400 Million Lodi Wealth Team

By Amit Chowdhry ● Jun 17, 2024

Kestra Financial, a leading wealth management platform, announced the onboarding of wealth management firm Lodi Wealth Advisors. Since its founding in Westchester County, New York, Lodi Wealth Advisors has prioritized serving clients and helping them achieve their financial, business, and life goals. The firm features a dedicated advisor duo that works diligently to provide a white-glove experience for its high-net-worth clientele, including the development of bespoke portfolios.

LPL: $300 Million Advisor Duo Team Launches 1818 Wealth Management

By Amit Chowdhry ● Jun 17, 2024

LPL Financial announced that financial advisors Stephen Shevlin and Jonathan Joelner, MBA, have joined LPL Financial’s broker-dealer, RIA and custodial platforms to launch a new independent practice 1818 Wealth Management. And the team reported having served about $300 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co.

Green Badger: The Story Behind This Leading Sustainability And ESG Provider

By Amit Chowdhry ● Jun 17, 2024

Green Badger is a leading SaaS provider simplifying sustainability and ESG in the built industry. It is accelerating environmentally responsible construction worldwide by equipping the built industry with affordable technology and the knowledge to automate and easily report LEED compliance and ESG metrics. Pulse 2.0 interviewed Green Badger founder and CEO Tommy Linstroth to learn more about the company.

Wild Common: Agave Spirits Company Secures $5 Million From HIPstr

By Amit Chowdhry ● Jun 17, 2024

Wild Common, a leading creator of agave spirits that honors craftsmanship and fosters a shared reverence for the land, announced it had raised $5 million for its Series A funding round from HIPstr (the early-stage investment arm of HighPost Capital).

Radian Arc: Infrastructure As A Service Company Raises $9 Million

By Amit Chowdhry ● Jun 17, 2024

Radian Arc, an Infrastructure as a Service (IaaS) provider specializing in cloud gaming and artificial intelligence (AI), announced the successful closing of its Series B funding round at $9 million. And this funding round was led by BITKRAFT Ventures, a renowned gaming and web3 venture capital firm, with significant participation from industry leaders AMD Ventures, Boston, and Saffelberg.

MultiversX And Cornell University Partner On Blockchain Essentials Program

By Amit Chowdhry ● Jun 17, 2024

Building on a history of collaborations like those with the University of Vienna and ELTE Budapest, MultiversX is continuing to invest in educational initiatives by offering underprivileged college students the opportunity to take part in a Blockchain Essentials program with eCornell, the online education unit of Cornell University.

Dentons Names Mark Ricketts As Partner In Calgary Banking And Finance Group

By Amit Chowdhry ● Jun 17, 2024

Dentons announced it has welcomed Mark Ricketts as a partner in the Calgary Banking and Finance group. Ricketts brings over a decade of experience in secured financing transactions, with a focus on real estate secured lending, including construction financing, term financing, and CMHC financing for fee simple, leasehold, and sub-leasehold estates. As part of Ricketts' banking and financial services practice, he regularly advises banks, credit unions, and other financial institutions, as well as borrowers, on a broad range of matters.

ElmediX: Up To Є5 Million For Series A Following Strong Signals In Pancreatic Cancer Patient Clinical Study

By Amit Chowdhry ● Jun 16, 2024

Scientists from Columbia University in New York showed that the growth rate of pancreatic cancer, measured in patients' blood using CA19-9 as biomarker, determines survival chances and can be used as a quick way to assess treatment effectiveness. And at the end of a treatment cycle, the patient and the treating physician have a clear view of the treatment's effectiveness. ElmediX is demonstrating strong signals of effectiveness of its new hyperthermic treatment in a clinical study for pancreatic cancer patients at the University Hospital Antwerp (UZA in Belgium) based on the CA19-9 platform. This treatment platform influences multiple pathways to treat the tumor.

UmbrellaAI Partners With MBA Students At University of Virginia’s Darden School Of Business On StructuralAI Business Applications

By Amit Chowdhry ● Jun 16, 2024

"StructuralAI" from UmbrellaAI enables transparent applications where users can see and audit how the AI makes its decisions. MBA students at the University of Virginia's Darden School of Business learned about UmbrellaAI's Structural AI and developed hypotheses about the most attractive go-to-market opportunities.

Indico Data: $19 Million Closed To Automate Intake Workflows Across Policy Lifecycles

By Amit Chowdhry ● Jun 16, 2024

Indico Data, a leading solution for the automating of critical intake workflows across the policy lifecycle, announced the closing of a $19 million funding round with a strategic investment from Guidewire, a platform for Property and Casualty (P&C) insurers. This funding and partnership with Guidewire will drive Indico Data's goal of delivering AI technology to enable enterprises to make better decisions with better data, driving improved operational efficiencies and top-line revenue growth.

Clearhaven Partners Buys Software-Defined Video Platform Zixi

By Amit Chowdhry ● Jun 16, 2024

Zixi, a provider of Software-Defined Video Platforms (SDVP) and the industry leader for enabling reliable, scalable, and cost-efficient live video transport over Internet protocol networks, announced that private equity firm Clearhaven Partners, along with Zixi's executive team, has completed a significant investment in the company to drive it to the next stages of growth.

Greater Sum Ventures Acquires Law Enforcement Platform Company Kologik

By Amit Chowdhry ● Jun 16, 2024

Entrepreneurial family office and growth equity firm Greater Sum Ventures (GSV) announced the acquisition of Kologik, a leader in responsive, scalable, and user-friendly software for law enforcement agencies.

J.P. Morgan Private Capital: Inaugural Biotechnology Fund Closed At Over $500 Million

By Amit Chowdhry ● Jun 16, 2024

J.P. Morgan Private Capital (a venture capital and growth equity investment team within J.P. Morgan Asset Management) announced the final closing of the first Life Sciences Private Capital offering, 270 Life Sciences Private Capital Fund I, led by Chief Investment Officer Stephen Squinto, Ph.D. and Managing Partner Gaurav Gupta, M.D., M.S.E.