Archives

Sarcura is a company powering cell therapy mass customization through a miniaturized and autonomous manufacturing platform. Pulse 2.0 interviewed Sarcura co-founder and CEO Danila Buchmayr to learn more about the company.

ModelOp, a leading AI Governance software for enterprises, announced that it raised $10 million in series B equity funding led by Baird Capital with participation from existing investors. 

Mudstack, a leading provider of file versioning and asset management tools for the game industry, announced the closing of a $4 million financing round. Anthos Capital led the round, which also included participation from Khosla Ventures, A16Z GAMES, Pioneer Square Labs, and Hyperplane.

Cyberbit, a leading provider of cybersecurity skill development platforms, announced a new round of funding from existing investors, including Charlesbank Capital Partners, an established middle-market private investment firm. This deal recapitalizes the company under solely North American ownership and control and will provide the resources for future acquisitions, expansion, and product development.

M3 - a leading hospitality accounting software company - announced it has signed a definitive agreement for a majority investment from Blackstone Growth and affiliated funds. This funding will help to accelerate the company’s growth by enhancing new product expansion and supporting the adoption of M3’s software, which enables hotel operators to run more efficiently and effectively. AAHOA (representing nearly 20,000 hotel owners and 60% of hotels across the United States) will also make its first-ever strategic investment along with Blackstone.

Medical device innovation leader Neptune Medical announced the spinout of its subsidiary Jupiter Endovascular after completing a $97 million Series D financing. And Sonder Capital and Olympus Corporation of the Americas were significant participants in this round along with investments from other existing and new investors.

Jupiter Endovascular - a medical technology startup developing a new class of endovascular procedures using Endoportal Control to bring the precision and control of direct surgical access to catheter-based interventions - announced that it has exited stealth mode with a $21 million new round of financing. Sonder Capital was a major participant in the round that included participation from multiple strategic investors. This funding round will be used to support the company’s upcoming pivotal trial for Pulmonary Embolism and the development of additional Endoportal Control technology clinical applications.

Estate planning software company Vanilla announced a strategic funding round led by returning investor Insight Partners, with participation from Venrock, Vanguard, and other previous investors. Vanilla also welcomes new strategic investor Edward Jones Ventures and new investor Alumni Ventures. Along with supporting its rapid growth and customer adoption, the company will use the funding to expand its platform, including its first-of-its-kind embedded AI technology, to transform how financial advisors and estate planners help households of all wealth levels build their legacy.

Goodfire has announced a $7 million seed round to advance its mission of demystifying generative AI models. Lightspeed Venture Partners led the funding round, with participation from Menlo Ventures, South Park Commons, Work-Bench, Juniper Ventures, Mythos Ventures, Bluebirds Capital, and several notable angel investors.

FLYR, a technology company that focuses on innovating for the travel industry, announced a $295 million Series D funding round for accelerating the delivery of modern reservation systems, elevating digital channels, and enabling AI-based decision automation for the world’s largest airlines and hospitality brands. The company also received an additional $70 million in credit led by Vista Credit Partners to scale its product offerings around the globe.

Amount, a digital origination and decisioning SaaS platform powering consumer and small business deposit account opening and loan origination, announced the closing of a $30 million equity capital raise. Amount welcomes Curql (a collective of credit unions jointly investing in fintech) as a new strategic investor. This investment from Curql aligns with Amount’s strategy to expand more into the U.S. credit union market. The company’s existing investors, including Growth Investing at Goldman Sachs, WestCap, Hanaco Ventures, and QED Investors, also joined the round.

VSParticle (VSP), a leading supplier of nanoparticle synthesis and deposition tools, announced it has raised a €6.5 million A2 extension round led by NordicNinja and previous investor Plural to continue its goal of unlocking a century of material innovation in the next 10 years.

Canada Growth Fund and Svante Technologies, a leading global carbon capture and removal solutions provider headquartered in Vancouver, Canada, announced a financing commitment of up to $100 million to accelerate the development and construction of Svante’s commercial carbon capture and removal projects in Canada and the US.

Intramotev, a technology company building battery-electric railcar retrofits, announced it had closed a $14.4 million oversubscribed Series A funding round. This funding round was led by Flybridge Capital Partners and Alpaca VC, and joined by other investors,  including Advantage Capital, Aera VC, Band VC, Cantos, Cathcart Rail, Collide Capital, Decisive Point, and Idealab Arizona.

HIPstr, an early-stage investment arm of HighPost Capital (a leading private investment firm focused on visionary companies working in the consumer behavior and innovative product, service, media, and technology sectors), announced the closing of its debut fund, HIPstr Fund I with $100 million in capital commitments.

CodeRabbit, an AI-based platform transforming the code review process, announced it has completed a $16 million Series A funding round. The funding round – which was Led by CRV - also included participation from Flex Capital, Engineering Capital and prominent angel investors, including Olivier Pomel (CEO of Datadog).

TEAMology, an international leader in K-8 social-emotional support solutions, announced the closing of its seed round funding. This $1.2 million funding round was led by VC 414 (based out of Milwaukee, Wisconsin) with additional contributions from Supes' Fund, White Rose Ventures, 1855 VC, and Product 10X.

Retail energy provider Branch Energy announced it had raised $10.8 million in an oversubscribed Series A funding round led by Prelude Ventures (a climate-focused venture capital firm) and Zero Infinity Partners (an infra-tech investor).

Rockwell Automation is a leader in industrial automation and digital transformation. The company is committed to enabling the next generation of smart manufacturing. Pulse 2.0 interviewed Rockwell Automation Senior Network & Security Solution Consultant Ahmik Hindman to learn more about the company.

Today, AMD announced the signing of a definitive agreement to acquire ZT Systems, a leading provider of AI infrastructure for the world’s largest hyperscale computing companies. This strategic transaction is a major step in AMD’s AI strategy to deliver leadership AI training and inferencing solutions based on innovation across silicon, software, and systems. AMD agreed to buy ZT Systems in a cash and stock transaction valued at $4.9 billion, including a contingent payment of up to $400 million based on certain post-closing milestones.

Filmustage, an AI platform that enhances the film pre-production phase from script breakdowns and scheduling to analysis, synopsis crafting, budget management, etc., announced a $1.5 million seed funding round led by UK-based VC fund Raw Ventures with Geek Ventures, among other investors.

The National Science Foundation (NSF) has awarded three Baskin Engineering alumni with a $1 million Small Business Innovation Research grant to support the research and development of an extended reality platform for full-body physical rehabilitation. Aviv Elor (B.S., Robotics Engineering, '19; Ph.D., Computational Media, '21), Michael Powell (Ph.D., Computer Engineering, '21), and Ash Robbins (B.S., Robotics Engineering, '18; Ph.D., Electrical and Computer Engineering, ‘24') co-founded Immergo Labs, which is a company that uses AI and VR to integrate telehealth capabilities and enhance remote physical therapy care.

Chaos Labs, an industry leader in onchain risk management, announced a $55 million Series A funding round led by Haun Ventures. This significant funding - which is aimed at scaling onchain economic security has attracted prominent new investors including F-Prime Capital, Slow Ventures, Spartan Capital, and more. And they join existing backers such as Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures. The funding round also saw participation from strategic angel investors, including Kevin Weil (OpenAI CPO), Michael Shaulov (Fireblocks CEO), Anatoly Yakovenko (Solana CEO), Francesco Agosti (Phantom CTO), and Anton Katz (Talos CEO).

Quantum Circuits announced it has secured a final Series B investment round of over $60 million. This funding round provides additional capital support as it prepares to commercialize its quantum systems with an industry first: error detection built into a more powerful qubit for scalable and higher-fidelity computing.

In an SEC filing, it was revealed that Amazon was buying Perceive for $80 million in cash, which is a company that develops breakthrough neural network inference solutions that push the performance-accuracy-power envelope, while also protecting the security and privacy of consumers. Launched in 2018, Perceive is a majority-owned subsidiary of Xperi Corporation.

Synadia is a company building the next generation of digital communications to unify cloud, edge, and the Internet of Things (IoT). Pulse 2.0 interviewed Synadia CEO Derek Collison to learn more about the company.

Daytona is a self-hosted and secure open-source development environment manager. Pulse 2.0 interviewed Daytona CEO and co-founder Ivan Burazin to learn more about the company.

Rheinmetall announced it had signed an agreement to acquire all equity interests in Loc Performance Products, a renowned vehicle specialist based in Plymouth, Michigan.

StanCorp Financial Group and The Allstate Corporation announced a definitive agreement under which The Standard will acquire Allstate’s Employer Voluntary Benefits business for approximately $2 billion and enter into a product distribution partnership. The deal is expected to close in the first half of next year, subject to regulatory approvals and other customary closing conditions.

Flywire, a global payments enablement and software company, announced that it has acquired Invoiced. Invoiced is a SaaS platform that enables B2B finance teams and the Office of the CFO to automate the critical order-to-cash process.