Archives

Port: Open Internal Developer Portal Company Secures $18 Million

By Annie Baker ● Sep 18, 2023

Port - an open internal developer portal company – recently announced that it had raised $18 million in new funding for a total of $23 million raised.

Deduce: $9 Million Raised To Prevent AI-Generated Identity Fraud

By Dan Anderson ● Sep 18, 2023

Deduce - the only patented technology platform designed for preventing AI-generated identity fraud – recently announced $9 million in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures.

CertifID: Wire Fraud Protection Company Secures $20 Million

By Dan Anderson ● Sep 18, 2023

CertifID - a leading wire fraud protection company - recently announced $20 million in a new round of funding. And CertifID’s Series B funding round was led by Arthur Ventures, which also invested in CertifID’s $12.5 million Series A in May 2022.

Pulsora: Enterprise Sustainability Management Company Raises $20 Million

By Annie Baker ● Sep 18, 2023

Pulsora (formerly known as pulsESG) -an all-in-one platform for enterprise sustainability management – recently announced a $20 million Series A round. The funding round was led by Galvanize Climate Solutions, with participation from Carica Sustainable Investments, Sabancı Climate Ventures, Aramco Ventures, JetBlue Ventures, and existing investors FINTOP Capital, Builders VC, and SOMPO Holdings.

SQream: Data And Analytics Accelerator Company Receives $45 Million In Funding

By Amit Chowdhry ● Sep 18, 2023

SQream - a data and analytics accelerator company built for big data and AI/ML workloads - recently announced the successful completion of a $45 million Series C financing round. The funding round was led by World Trade Ventures, with participation from new and current investors, including Schusterman Investments, George Kaiser Foundation (Atento), Icon Continuity Fund, Blumberg Capital, and Freddy & Helen Holdings.

Zenity: Low-Code/No-Code Security Company Banks $16.5 Million In Funding

By Amit Chowdhry ● Sep 18, 2023

Zenity - a platform for securing low-code/no-code development - recently announced that it has raised $16.5 million in Series A funding led by Intel Capital and joined by existing investors Vertex Ventures and Upwest, and new investors from Gefen Capital and B5.

SITE Technologies: Asset Management And Data Analytics Company Closes $10 Million In Funding

By Annie Baker ● Sep 18, 2023

SITE Technologies - a leading innovator in asset management and data analytics technology utilizing artificial intelligence and advanced imagery capturing technologies - recently announced that it is excited to announce the successful completion of its Series A funding round, securing $10 million in investment.

Usage.AI: $9 Million Secured To Identify Cloud Savings

By Amit Chowdhry ● Sep 18, 2023

Usage.AI - a leader in identifying cloud savings - recently announced that it had raised $9 million in a round led by Amity Ventures and existing investors TenVC, JAM Fund, and Backend Capital. Prominent private investors, including Justin Mateen, led Usage.AI's previous round. The company also quickly became the world's most accessible and fastest way for companies to save money on their cloud spend.

Bold: Healthy Aging Platform Picks Up $17 Million In Funding

By Amit Chowdhry ● Sep 18, 2023

Bold - a leading healthy aging platform - recently announced $17 million in Series A funding led by Rethink Impact, with participation from Samsung Next and existing investors Andreessen Horowitz (a16z) Bio + Health, Khosla Ventures, GingerBread Capital, and Primetime Partners, bringing the total amount raised to $27 million. The funding round will be used to support Bold's continued expansion with national and regional Medicare plans and provider groups, and accelerate the growth of its clinical exercise offerings to support the diverse physical and mental health needs of older adults.

Gable.ai: Data Collaboration Platform Company Secures $7 Million

By Annie Baker ● Sep 18, 2023

Gable.ai recently announced it's developing the first data collaboration platform to allow software and data developers to build and manage high-quality data assets iteratively. And Gable has secured $7 million in seed funding led by Zetta Venture Partners, Crane Venture Capital, and Essence Venture Capital.

ROAR: This Company’s Panic Button Technology Helps Create Safer Organizations

By Amit Chowdhry ● Sep 18, 2023

ROAR has a goal of empowering people through technology to help create safer organizations. And its unique panic button technology solutions provide continuous coverage, even in dead-spot areas. Since the solution works independently of the facilities network, it is always on to ensure staff has a lifeline when they need it most. ROAR has chosen major hotel chains and healthcare providers because of its redundancies, ease of use, effortless implementation, and hassle-free maintenance. Pulse 2.0 interviewed ROAR co-founder and CEO Yasmine Mustafa to learn more.

Fuelfinance: How This Ukraine-Based Company Helps Startup Manage Funds

By Amit Chowdhry ● Sep 18, 2023

Fuelfinance is a company that makes software for financial management and planning in startups. And the company offers a suite of tools and a personal touch of its financial success managers that can replace an ERP system and a financial department. Pulse 2.0 interviewed Fuelfinance CEO Alyona Mysko to learn more.

GEM HEALTH: Digital Specialty Care Company Secures Funding To Help People With Obstructive Sleep Apnea

By Amit Chowdhry ● Sep 18, 2023

Gem Specialty Health - a nationwide digital specialty care clinic - recently announced it has successfully raised a Seed financing round led by HealthTrend Capital, with participation from existing investor Base10 Partners and new investor Mairs & Power Venture Capital. And GEM HEALTH has now raised over $5 million to date.

Ascend Elements: $542 Million Raised For Accelerating Production Of Battery Materials For EVs

By Dan Anderson ● Sep 18, 2023

Ascend Elements - a U.S.-based manufacturer of sustainable engineered battery materials for electric vehicles – recently announced it has raised $542 million in new equity investments, including $460 million in Series D investments and $82 million of additional investments from earlier this year. And Ascend Elements' Series D round was led by Decarbonization Partners, Temasek, and Qatar Investment Authority (QIA). And other investors include Tenaska, Alliance Resource Partners, PULSE - CMA CGM Energy Fund, BHP Ventures, Fifth Wall, Hitachi Ventures, Mirae Asset, At One Ventures, Agave Partners, Alumni Ventures, and other leading global investors.

Spiritus: $11 Million Raised For Economical Carbon Removal

By Amit Chowdhry ● Sep 18, 2023

Spiritus - an innovative climate tech company - recently emerged from stealth mode with a breakthrough in Direct-Air-Capture (DAC) technology. And the company's approach demonstrates drastically improved fundamentals, leading to reduced costs that move the industry closer to achieving carbon removal at less than $100 per ton. Spiritus raised $11 million in a funding round led by Khosla Ventures and other investors, including Page One Ventures, to further develop and scale the technology.

DetraPel: Advanced Materials Company Secures $7.6 Million

By Annie Baker ● Sep 18, 2023

DetraPel - the advanced materials company that manufactures sustainable coatings - recently announced the completion of its $7.6 million Series A funding led by Material Impact. And additional investors in this round include multi-billion dollar packaging ink manufacturer, INX International, along with Touchdown Ventures, FitzGate Ventures, Boro Capital, Icebook Investments, and others.

Cervin Ventures: Early-Stage VC Firm Closes $162 Million

By Amit Chowdhry ● Sep 18, 2023

Cervin Ventures - a leading early-stage venture capital firm focused on building enduring businesses - recently announced the closing of $162 million in new capital. And the firm will use the funding round to invest in Seed and Series A startups specializing in enterprise software, data and AI, cybersecurity, DevOps, cloud, and networking.

BlueWhale Bio: University Of Pennsylvania Gene Therapy Spinoff Company Raises $18 Million

By Amit Chowdhry ● Sep 17, 2023

BlueWhale Bio - a new company that spun out of the University of Pennsylvania to overcome key bottlenecks in cell and gene therapy manufacturing - recently announced that it has raised $18 million in seed financing. This funding round was led by Danaher Ventures LLC (the corporate venture subsidiary of Danaher Corporation) with a deep syndicate of leading life science investors, including Novalis LifeSciences and Marshall Wace, and others.

HP Reveals Spectre Foldable PC

By Annie Baker ● Sep 17, 2023

HP recently announced the HP Spectre Foldable PC, a 3-in-1 device with a foldable screen that integrates the best features of a laptop, tablet, and desktop for an ultimate hybrid experience.

Helsing: €209 Million In Series B Raised To Utilize AI For Defense Industry

By Amit Chowdhry ● Sep 17, 2023

Defense AI company Helsing announced that it has raised €209 million in a Series B funding round led by General Catalyst. Saab also joined the round as a strategic investor, deepening the existing partnership. This funding round follows the company’s previous Series A (€102.5 million) led by Prima Materia, an investment company founded by Daniel Ek, co-founder and CEO of Spotify. And Helsing plans to use the new funding round to further grow its businesses in France, Germany and the UK and deepen its investments in its core technology initiatives.

Data Management Company Denodo Receiving $336 Million From TPG

By Amit Chowdhry ● Sep 16, 2023

Denodo (a leader in data management) and TPG (a global alternative asset management firm) recently announced that they have signed a definitive agreement for TPG Growth (the firm’s middle market and growth equity platform) to invest $336 million in Denodo’s Series B preferred equity.

Prisma Photonics: $20 Million Closed To Monitor Large-Scale Infrastructure

By Annie Baker ● Sep 16, 2023

Prisma Photonics - a dynamic AI-driven startup that monitors large-scale infrastructure, like power grids - recently announced that it raised about $20 million in a Series C round led by New York-based global private equity and venture capital firm Insight Partners, with participation from Elements, a Climatech fund, SE Ventures (Schneider Electric's venture capital arm), Future Energy Ventures (the venture capital investment and collaboration platform of E.ON), Chione Switzerland, and INcapital.

Imbue: AI Research Company Raises $200 Million

By Amit Chowdhry ● Sep 16, 2023

Imbue - an AI research lab formerly known as Generally Intelligent – recently announced that it has raised $200 million in a Series B funding round, which values the company at more than $1 billion. Investors in this round include the Astera Institute; Nvidia; Cruise CEO Kyle Vogt; and Notion co-founder Simon Last.

Vortex Companies Receives Funding From Quad-C Management

By Annie Baker ● Sep 16, 2023

Quad-C Management - a leading middle market private equity firm – recently announced it has closed on an investment in the Vortex Companies, a global provider of trenchless infrastructure rehabilitation products and services. Vortex is split into two divisions, offering trenchless infrastructure rehabilitation contracting services and products.

VideoAmp: $150 Million Closed For Providing Ad Measurement Solutions

By Amit Chowdhry ● Sep 16, 2023

VideoAmp - an adtech company providing measurement, data and software solutions for the advertising ecosystem to more efficiently and effectively allocate media spend – recently announced $150 million in Series G funding led by Vista Credit Partners, a subsidiary of Vista Equity Partners.

Evolectric Receiving $15 Million From Seismic Capital Company

By Annie Baker ● Sep 16, 2023

Seismic Capital Company recently announced a deal to invest $15 million in electric vehicle technology company Evolectric of Long Beach, California. Evolectric is a company that specializes in electrified transportation and battery technologies to convert fuel-guzzling and polluting commercial fleets to EVs.

GOODLES: Better-For-You Noodle Brand Raises $13 Million

By Noah Long ● Sep 16, 2023

GOODLES - a better-for-you noodle brand celebrated for its modern line of delicious and nutrient-packed boxed mac and cheese and pasta – recently announced a $13 million Series A funding round led by L Catterton.

ELSA: Leading Language App Company Secures $23 Million

By Dan Anderson ● Sep 16, 2023

ELSA - a premier company utilizing machine learning and speech recognition technology company that teaches English – recently announced it has raised a $23 million Series C funding along with the launch of ELSA AI Tutor.

Stack AV: Autonomous Trucking Company Launches With Backing From SoftBank

By Amit Chowdhry ● Sep 15, 2023

Stack AV recently announced the launch of its autonomous trucking business, which utilizes its self-driving technology to improve efficiency and enhance safety in the trucking industry while also tackling supply chain challenges for its partners and their consumers. And Stack AV is focused on transforming the way businesses transport goods, designing solutions to alleviate long-standing issues that have plagued the trucking industry including driver shortages, lagging efficiency in uptime per vehicle, overarching safety concerns, high operating costs, and elevated emission levels.

Superorganism Launches First VC Firm Focused On Global Biodiversity Crisis

By Amit Chowdhry ● Sep 15, 2023

Superorganism recently announced its launch as the first VC firm focused on the global biodiversity crisis. Launched by a seasoned venture capitalist and a conservation technologist, Superorganism aims to support early-stage technology startups working to prevent biodiversity loss.