Archives

Nucleus Security: Funding Raised From Dcode Capital

By Amit Chowdhry ● Sep 2, 2024

Nucleus Security, the enterprise leader in unified vulnerability management, announced an investment by Dcode Capital, a growth-stage venture capital firm backed by J.P. Morgan Asset Management. Dcode Capital’s funding follows Nucleus Security’s FedRAMP Moderate authorization and further validates the critical impact of the company’s Unified Vulnerability Management platform for Federal organizations.

Fabric Cryptography: $33 Million (Series A) Closed To Build Computing Chips And Cryptographic Algorithms

By Amit Chowdhry ● Sep 2, 2024

Silicon Valley-based hardware company Fabric Cryptography announced a $33 million Series A funding round to build computing chips, software and cryptographic algorithms. This round was co-led by Blockchain Capital and 1kx, with participation from leaders in the sector, such as Offchain Labs, Polygon, and Matter Labs. This follows a $6 million seed round led by Metaplanet with participation from Inflection and Liquid2 Ventures, amongst others. With this funding round, the company has raised $39 million in total.

Your Money Line: $4.5 Million (Series A) Raised To Enhance Employee Financial Health

By Amit Chowdhry ● Sep 2, 2024

AI-based employee financial wellness benefits company Your Money Line announced it raised $4.5 million in Series A funding led by Allos Ventures, with participation from First Trust Capital Partners, CareSource, and Elevate Ventures.

Freshfields: Eva Mak Joins As Private Capital Partner

By Amit Chowdhry ● Sep 2, 2024

Freshfields announced that Eva Y. Mak has joined the firm as a private capital partner based in the Silicon Valley office. Mak’s practice is focused on representing private equity (PE), growth, and venture funds and their portfolio companies in large capital, mid-market, and growth transactions.

Latham & Watkins: Leen Zaza Joins As M&A Partner In Riyadh

By Amit Chowdhry ● Sep 2, 2024

Latham & Watkins announced that Leen Zaza has joined the firm’s Riyadh office as an M&A and Private Equity Practice partner. Zaza regularly advises Saudi and international companies, private equity firms, investors, and government bodies on various complex transactions, with a focus on private M&A, joint ventures, divestments, corporate governance, and corporate regulatory and advisory matters.

Cribl: IT And Security Management Company Raises $319 Million (Series E) At $3.5 Billion Valuation

By Amit Chowdhry ● Sep 2, 2024

Cribl announced it has closed a $319 million oversubscribed Series E round, comprised of a combined primary and secondary transaction. This brings the company’s total capital secured to over $600 million and increases its valuation to $3.5 billion—up 40% since the company’s Series D round in 2022.

Latham: Leading PTAB Practitioner Raghav Bajaj Joins IP Litigation Team

By Amit Chowdhry ● Sep 2, 2024

Latham & Watkins announced that Raghav Bajaj has joined the firm’s Austin office as a partner in the Intellectual Property Litigation Practice and Litigation & Trial Department. Bajaj is a skilled patent litigator whose practice focuses on contested Patent Trial and Appeal Board (PTAB) proceedings with the US Patent and Trademark Office (USPTO), such as inter partes reviews (IPRs), post-grant reviews, and their respective appeals.

Linklaters Hires Magnus Wennerhorn As Head of Banking & Finance in Sweden

By Amit Chowdhry ● Sep 2, 2024

Linklaters announced it is enhancing its leveraged finance offering in Stockholm with the hiring of Magnus Wennerhorn, who joins as a partner and will lead the firm’s Banking & Finance practice in Sweden.

Raymond James Welcomes $165 Million Advisory Team

By Amit Chowdhry ● Sep 2, 2024

Raymond James’ senior vice president and FID national director of the Financial Institutions Division (FID), Stephen Kruchten, announced that the firm has welcomed the wealth advisory team of Security Wealth Management (based at Security Savings Bank) to the FID. With this new alignment, the group will offer its clients investment and wealth management services through Raymond James Financial Services.

CW Advisors Adds $1.2 Billion Agili Team

By Amit Chowdhry ● Sep 2, 2024

CW Advisors - a registered investment advisor (RIA) based in Boston - announced it has partnered with Agili, an independent, fee-only firm that blends financial planning, investment strategy, and strategic services. This deal adds $1.2 billion of assets under management to CWA.

LPL Brings In $375 Million 4Point Wealth Management Team

By Amit Chowdhry ● Sep 2, 2024

LPL Financial announced that financial advisors Christina McConnell, CRC, ADPA, Laura Long, CRPC, AWMA, MBA, and Jay Tillman, CPWA, CIMA, CFP, RICP, CLU, have joined LPL Financial’s supported independence model, LPL Strategic Wealth Services (SW). The team has reported having served approximately $375 million in advisory, brokerage and retirement plan assets and joins LPL from Wells Fargo Financial Advisors Network (FiNet).

Ameriprise: $120+ Million FA Karen DeBaker Joins

By Amit Chowdhry ● Sep 2, 2024

Ameriprise Financial announced that financial advisor Karen DeBaker, CFP has joined the well-established independent Ameriprise practice Threshold Financial Partners. This team is based in De Pere, Wisconsin, and led by financial advisor Carey Somerville. DeBaker brings ten years of experience as a financial advisor, most recently with Raymond James, and more than $120 million in client assets.

Rise Growth Invests In Bleakley Financial Group

By Amit Chowdhry ● Sep 2, 2024

Rise Growth Partners—the wealth management industry’s first synergistic financial partner for growth-oriented registered investment advisors (RIAs)—announced an inaugural strategic minority investment in Bleakley Financial Group. Bleakley is a distinguished wealth advisory and financial planning firm with over thirty years of history, whose advisors currently service nearly $10 billion in advisory assets as of June 30.

QuantHealth: $215 Million In Financial Returns And 85% Clinical Trial Accuracy

By Amit Chowdhry ● Sep 2, 2024

QuantHealth, an AI-based clinical trial design company, announced it has surpassed 100 successfully simulated clinical trials, achieving 85% accuracy and a major return on investment (ROI) for pharmaceutical partners.

Noetik: AI-Based Biotech Company Raises $40 Million (Series A) To Develop Cancer Therapeutics

By Amit Chowdhry ● Sep 1, 2024

Noetik - an AI-based biotech company leveraging self-supervised machine learning and high-throughput spatial data to develop next-generation cancer therapeutics - announced that it closed an oversubscribed $40 million Series A financing round. This funding was led by Polaris Partners and managing partner Amy Schulman, who will join the board of directors, with participation from new investors Khosla Ventures, Wittington Ventures, and Breakout Ventures.

Onebrief: Military Staff Workflow Platform Company Raises $53 Million

By Amit Chowdhry ● Sep 1, 2024

Onebrief—a leading software platform for military staff workflows and collaboration—announced the closing of its Series B funding round, bringing the company’s total capital raised to $53 million. Human Capital led this funding round, with participation from 9Yards Capital and Caffeinated Capital.

Skyfire Systems: AI-Based Financial Stack Company Raises $8.5 Million

By Amit Chowdhry ● Sep 1, 2024

Skyfire Systems has launched the world's first payment network built to enable fully autonomous transactions across AI Agents, LLMs, data platforms, service providers, and other goods and services. The company has also announced $8.5 million in funding from Neuberger Berman, Brevan Howard Digital, Intersection Growth Partners, DRW, Inception Capital, Arrington Capital, RedBeard Ventures, Sfermion, Circle, FBG, Gemini, Crossbeam Venture Partners, EveryRealm, Draper Associates, ARCA, and Ripple.

Cairn Surgical: Breast Cancer Locator Company Raises $4.5 Million (Series A2)

By Amit Chowdhry ● Sep 1, 2024

Cairn Surgical - an innovative medical technology company aiming to make breast cancer surgery more precise - announced that it has closed $4.5 million in a Series A2 financing led by Morningside Ventures.

Buzz Solutions: Interview With Co-Founder & CEO Kaitlyn Albertoli About Their AI-Powered Power Utility Infrastructure Inspection Solution

By Amit Chowdhry ● Aug 30, 2024

PuriFire Energy: Green Hydrogen And Methanol Solutions Company Secures £2.7 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

PuriFire Energy announced it had closed a £2.7 million (US$3.5 million) seed round investment led by HICO Investment Group with participation from Bulnes Capital, R&R Investments, and Abhishek Desai.

Echelon: Decentralized Lending Protocol Company Secures $3.5 Million (Seed) Funding

By Amit Chowdhry ● Aug 30, 2024

Decentralized lending protocol Echelon announced it has secured seed funding to advance DeFi lending on Move-based blockchains. This funding round was led by Amber Group, with participation from strategic partners including Laser Digital, Saison Capital, Selini Capital, Interop Ventures, and Re7. Echelon aims to offer high-performance markets integrated with other DeFi applications and real-world assets (RWAs).

Pangeam: Enterprise Social-Spatial Analytics AI Platform Company Secures $4.25 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Workplace intelligence company Pangeam announced it has launched an enterprise B2B SaaS platform designed to transform office environments by deeply understanding occupants' needs and behaviors. Pangeam also announced the completion of a $4.25 million Series Seed fundraise led by Neotribe, alongside SNR Ventures, DVC, and Niremia Capital.

Miris: Spatial Computing Company Raises $26 Million (Seed)

By Amit Chowdhry ● Aug 30, 2024

Miris, a company bringing spatial computing into the streaming era, announced it launched from stealth with $26 Million in seed funding led by IAG Capital Partners.

Plume: Interview With GM-European Operations Jasna Mihelj Coustaury About Their Connected Home Platform And #PlumeStrong

By Amit Chowdhry ● Aug 30, 2024

Plume is a SaaS platform company that delivers technological services for connected homes. Pulse 2.0 interviewed Plume’s general manager of European operations, the head of #PlumeStrong Jasna Mihelj Coustaury, to learn more about the company.

Lemniscap: $70 Million Raised To Invest In Crypto Assets And Blockchain Startups

By Amit Chowdhry ● Aug 29, 2024

Lemniscap - a global thesis-driven investment firm backing early-stage Web3 founders - announced it had raised a $70 million fund to provide financial backing and strategic guidance to help nascent Web3 startups scale at pace.

Pryzm: Government Contracting Solutions Company Raises $2 Million

By Amit Chowdhry ● Aug 29, 2024

Pryzm is a company that officially launched this week to make it easier and faster than ever for technology companies to accelerate government contract capture with the help of AI. The company also announced a $2 million funding round co-led by top defense tech investor XYZ Venture Capital (an early backer of Anduril) and Amplify.LA, with participation from First In and strategic individuals.

Parry Labs: Defense Technology Company Raises $80 Million

By Amit Chowdhry ● Aug 29, 2024

Parry Labs - a defense technology company that is developing next generation open architecture mission solutions - announced the completion of an $80 million funding raise - which is the company's first institutional investment round. This strategic growth equity funding was led by Capitol Meridian Partners and included participation from True Ventures, 3Wire Partners, and Teamworthy Ventures.

Wethos: AI-Based Team Optimization Company Raises $7.5 Million (Seed)

By Amit Chowdhry ● Aug 29, 2024

Wethos AI, a pioneer in AI-driven team optimization, announced it has raised $7.5 million in a seed funding round led by Jeff Herbst at GFT Ventures.

Agency: AI Agent Development Company Raises $2.6 Million (Pre-Seed)

By Amit Chowdhry ● Aug 29, 2024

Agency, the creators of the industry-leading AgentOps.ai platform, announced it had raised $2.6 million in pre-seed funding led by prominent investors 645 Ventures and Afore Capital. This funding round will enable the company to develop and scale its AI agent observability and testing platform further, ensuring reliability and safety for enterprises deploying large language model (LLM) enabled autonomous agents.

Panacea: Interview With Founder Dahlia Attia-King About Offering DTC Clinical-Grade Genetic Sequencing

By Amit Chowdhry ● Aug 29, 2024

Panacea is a company that provides clinic-grade whole exome sequencing directly to consumers to help with preventative healthcare planning. Pulse 2.0 interviewed Panacea founder Dahlia Attia-King to learn more about the company.