Archives

OXIO is the first cloud-native Telecom-as-a-Service (TaaS) platform that empowers any brand or enterprise to embed connectivity into its offering without the constraints of legacy telecom. To learn more, Pulse 2.0 interviewed OXIO CEO Nicolas Girard.

Aionic Digital is a company focused on software development and systems integration that is uniquely positioned to utilize its industry experience to develop practical solutions combined with expert consulting to maximize the value of its clients' investments. Pulse 2.0 interviewed Aionic Digital CEO Yaron Benjamin to learn more about the company.

Persistent Systems is a digital engineering and enterprise modernization company utilizing deep technical expertise to help clients stay ahead. Pulse 2.0 interviewed Persistent’s Senior Vice President & General Manager – Global Lead, Healthcare and Life Sciences Business Ganesh Nathella to learn more about the company.

CharmHealth is a company that developed a suite of products for providers that were built to address the application of cloud and mobile technologies for managing healthcare practices. Pulse 2.0 interviewed CharmHealth founder and CEO Pramila Srinivasan to learn more about the company.

CW Advisors (CWA) announced the acquisition of Mercadien Asset Management, an RIA located in Hamilton, New Jersey. The terms of the deal were not disclosed.

USA Cares announced that it was granted $2 million in funding from the Commonwealth of Kentucky. This allocation will be essential in providing financial hardship assistance to veterans across Kentucky, ensuring those who have served our country receive the support they deserve.

Linx Security, a modern identity security and governance solutions company, emerged from stealth and announced that it has raised $33 million in funding. The funding round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), and Cerca Partners and Knollwood Investment Advisory.

UPS announced that it has agreed to buy Estafeta, a leading Mexican express delivery company. This deal is a key part of UPS' Better and Bolder strategy, aimed at becoming the world's premium international small package and logistics provider.

Krispy Kreme announced the sale of a majority ownership stake of Insomnia Cookies to Verlinvest and Mistral Equity Partners. This deal was set up as $350 million in total enterprise value, which has doubled since Krispy Kreme’s 2018 acquisition.

Vitable, an enhanced Direct Primary Care company working with SMB employers to deliver affordable and high-quality healthcare to hourly workers, announced it has raised a $16 million Series A funding round led by Cherryrock Capital with participation from Citi Impact Fund, First Round Capital, newark venture partners (nvp), Commerce Ventures, and Y Combinator.

Strive Enterprises, a financial services company with an asset management platform focused on maximizing long-run returns for investors, announced today that it closed a $30 million Series B financing round led by Cantor Fitzgerald, L.P. Deason Capital Services (led the Series A round), Narya Capital, and several prominent entrepreneurs also participated in the funding.

Igloo, the parent company of Pudgy Penguins, today announced the closing of over $11 million in funding led by Founders Fund with additional investments from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital.

QA Wolf, a company that guarantees 80%+ end-to-end automated test coverage for web apps, announced a $36 million Series B funding round to accelerate its expansion into native mobile testing, which is set to launch later this year and is now open for waitlist. This funding round was led by Scale Venture Partners with participation from Threshold Ventures and Ventureforgood, and existing investors Inspired Capital and Notation Capital.

Evo Security, a leading provider of Identity and Access Management solutions for Managed Service Providers (MSPs), announced the successful completion of its Series A funding round - raising $6 million led by TechOperators, an Atlanta-based cybersecurity venture capital firm led by industry veterans. This funding round includes participation from Sorenson Capital, Prelude, Strategic Cyber Ventures, Inner Loop Capital, and new partner MetroSITE Group.

The Goodyear Tire & Rubber Company has signed a definitive agreement to sell its Off-the-Road (OTR) tire business to The Yokohama Rubber Company for $905 million in cash. The deal follows a previously announced strategic review of the OTR tire business concerning the Goodyear Forward transformation plan.

Agilent Technologies announced it has signed a definitive agreement to acquire BIOVECTRA, a leading specialized contract development and manufacturing organization, for $925 million. BIOVECTRA produces biologics, highly potent active pharmaceutical ingredients, and other molecules for targeted therapeutics.

Tellurian announced that it has entered into a definitive agreement with subsidiaries of Woodside Energy Group Ltd, pursuant to which Woodside will acquire all the outstanding shares of Tellurian for $1 per share in an all-cash transaction.

TeamDynamics is a tool for individuals and teams who believe teamwork should be intentional and rewarding. Pulse 2.0 interviewed TeamDynamics co-founder Christopher Morrison to learn more about the company.

Terex announced it has signed a definitive agreement to acquire Environmental Solutions Group (ESG) from Dover Corporation in a $2 billion all-cash transaction.

W, the men's personal care brand launched by Jake Paul, announced today it has raised a Series A led by Shrug Capital. With $14 million in funding to date, inclusive of seed financing and incubation from Anti Fund, the company is now valued at more than a $150 million valuation. The co-investors include Range Group, 305 Ventures, Uphonest Capital, Quiet Capital, and Palm Tree Crew, with participation from individuals including Celsius' CEO John Fieldly, Fanatic's CEO Michael Rubin, Lil Durk, Nick Kyrgios, Naomi Osaka, and Carter Reum and Paris Hilton.

Protexxa - one of the largest cybersecurity companies in the country - announced it has raised $10 million in Series A funding. The investors in the Series A include Bell Ventures (venture arm of Bell Canada) and Sandpiper Ventures. The round also saw support from existing shareholders, Export Development Canada, BKR Capital, The Firehood Angels, and Graphite Ventures. Additional investors include Global Risk Institute President and CEO Sonia Baxendale; Tricon and Cidel Co-founder Geoffrey Matus; former Home Depot Canada CEO and current NRStor CEO Annette Verschuren; and business lawyer and Distinguished Counsel in Residence at Toronto Metropolitan University Ralph Lean. Plus, Protexxa has welcomed a new advisor Dr. Donette Chin-Loy Chang.

Rajani Bespoke is a luxury clothing brand that produces custom garments for men and women. And the company partnered with the world's best and largest fabric mills to bring customers the very best in bespoke tailoring. To learn more about his journey, recent move and trip to Pitti Uomo in Italy, and the company’s future plans, Pulse 2.0 interviewed Rajani Bespoke Creative Director and founder Zahir Rajani.

Monarch Tractor, the creator of the world's first fully electric, driver-optional smart tractor and Wingspan Ag Intelligence (WingspanAI) farm management platform called MK-V announced $133 million in Series C funding, making it the largest round in agricultural robotics history. This funding was co-led by global impact investor Astanor and HH-CTBC Partnership, L.P., with additional support from prominent investors, including At One Ventures, PMV, and The Welvaartsfonds.

Standard Bots, a robotics automation leader, announced it has raised $63 million in total funding, with its recent Series B round led by General Catalyst with participation from Amazon Industrial Innovation Fund and Samsung Next. Lachy Groom, Quiet Capital, 468 Capital, Lightscape Partners, and Box Group provided additional venture capital support.

Arrcus, a hyperscale networking software company and a leader in core, edge, and multi-cloud routing and switching infrastructure, announced a significant new investment of $30 million from Prosperity7 Ventures, NVIDIA, Lightspeed, Hitachi Ventures, Liberty Global, Clear Ventures, and General Catalyst.

Element Biosciences, a developer of pioneering technologies to empower science, announced over $277 million in Series D funding to support its growing global customer base with disruptive DNA sequencing and multi-omics technologies for years to come. The oversubscribed funding round was led by Wellington Management with participation from new and existing investors, including Samsung Electronics, Fidelity, Foresite Capital, funds and accounts advised by T. Rowe Price Associates, Venrock, and others. This brings Element's cumulative raise to $680+ million.

HUI announced the closing of a €25 million equity capital commitment from Nimbus Capital, a Panama-based fund. This funding will further drive HUI's growth as the VC 3.0 Super App, utilized by thousands of entrepreneurs, startups, and investors for its unique market features.

Earned Wealth, a tech-enabled financial services firm focused on the needs of medical professionals, announced a $200 million capital commitment led by growth equity investors Summit Partners and Silversmith Capital Partners with participation from existing investors Juxtapose, Hudson Structured Capital Management and Breyer Capital.

Medal - an AI company that is behind the popular MedalTV clipping app - announced the launch of Highlight, its groundbreaking AI assistant platform designed to alter how users interact with popular AI models. And Medal also announced a $13 million funding round from Horizons Ventures, OMERS Ventures, peak6, and Arcadia Investments, valuing the company at $333 million post-money.