Archives

Integrated Partners Names Andree Mohr As President

By Amit Chowdhry ● May 16, 2024

Integrated Partners - a national financial planning and registered investment advisory (RIA) firm that serves $18+ billion in assets under advisement (AUA) - announced the promotion of Andree Mohr to president. Mohr has frequently earned recognition among her peers via accolades and industry awards, playing a major role in the firm's development since joining in 2015.

EnCap: $1.5 Billion Energy Transition Fund II Closed

By Amit Chowdhry ● May 16, 2024

EnCap has closed EnCap Energy Transition Fund II (EETF II) with approximately $1.5 billion in commitments. EnCap’s second energy transition fund was created to invest in solutions to decarbonize the power industry while also opportunistically investing in low-carbon fuels and carbon management.

TuMeke: Empowering Safety Professionals To Mitigate Ergonomic Risks In A $100+ Billion Industry

By Amit Chowdhry ● May 16, 2024

TuMeke is a company that built an AI-powered ergonomic assessment platform that empowers safety professionals to identify and mitigate ergonomic risks efficiently. TuMeke was born out of a collaboration between co-founders Riley Noland, Diwakar Ganesan, and Zach Noland. Pulse 2.0 interviewed Noland to learn more about the company.

Cover Genius: Embedded Protection Insurtech Company Raises $80 Million

By Amit Chowdhry ● May 16, 2024

Cover Genius - a leading insurtech for embedded protection - announced an $80 million Series E funding round. The funding round was led by Spark Capital with support from existing investors, including Dawn Capital, King River Capital and G Squared.

OverT Bio: $16 Million Raised To Unlock The Potential Of Cell Therapies In Solid Tumors

By Amit Chowdhry ● May 16, 2024

OverT Bio (a data-driven company working to unlock the curative potential of cell therapies in solid tumors) has raised $16 million in seed funding. This funding round was co-led by ARTIS Ventures and Wing VC, with participation from Fusion Fund, OMX Ventures, Alexandria Venture Investments, Gaingels, Civilization Ventures, Hawktail, and Cancer Research Institute. This funding round will expand discovery platforms focused on addressing the primary barriers for cell therapy, leading to durable and curative treatments for advanced solid tumors.

Squire Patton Boggs: Chris Hastings Named As Partner In London

By Amit Chowdhry ● May 15, 2024

Squire Patton Boggs has announced the appointment of Chris Hastings as a partner in its Financial Services Practice Group in London. Hastings - who joins from Eversheds Sutherland - is a finance lawyer focused on leveraged and acquisition financing. He acts for PE firms and their portfolio companies, corporate borrowers, and private credit funds related to transactions at all levels of capital structures. His experience includes complex domestic and international transactions in support of M&A activity, leveraged buyouts, refinancing, and distressed or opportunistic investments.

Benefit Street Partners: Fund II Closed At About $850 Million In Commitments

By Amit Chowdhry ● May 15, 2024

Benefit Street Partners (BSP) has announced the final closing of BSP Special Situations Fund II and its affiliated vehicles. The funds were oversubscribed with approximately $850 million in capital commitments. Fund II will seek to continue the investment approach of its predecessor fund.

TPG: Nearly $8 Billion Raised For Asian Private Equity And Real Estate

By Amit Chowdhry ● May 15, 2024

Leading global alternative asset management firm TPG has closed its eighth Asia-focused private equity fund, TPG Asia VIII, as well as its first TPG Angelo Gordon Asian real estate funds, TPG AG Asia Realty Fund V and the TPG AG Japan Realty Value Fund, since the firm completed the acquisition of TPG Angelo Gordon last year.

LPL Brings In $385 Million Advisory Team

By Amit Chowdhry ● May 15, 2024

LPL Financial announced that financial advisor Chris Kitaeff, CPFA, MBA, has joined LPL Financial’s broker-dealer, RIA, and custodial platforms. With this move to LPL, Kitaeff joins Maher Wealth Management as a managing director. He reported serving about $385 million in advisory, brokerage, and retirement plan assets and joined LPL from Merrill Lynch.

Runway Growth Capital: An Interview With Deputy CIO And Head Of Credit Greg Greifeld

By Amit Chowdhry ● May 15, 2024

Runway Growth Capital is an experienced and reliable source of debt financing for dynamic and late-stage growth companies. To learn more about the firm, Pulse 2.0 interviewed Runway Growth Capital Deputy Chief Investment Officer and Head of Credit Greg Greifeld.

Alphastream Raises Seed Round To Drive Private Credit Market Expansion

By Amit Chowdhry ● May 15, 2024

Alphastream, a pioneer in private credit analysis, announced a seed round from Motive Ventures. The company also expanded its leadership team. This advancement marks a major step in Alphastream's goal to reshape the private credit market landscape.

Starshot Capital: $35 Million Fund Launched To Invest In Climate Companies

By Amit Chowdhry ● May 15, 2024

Starshot Capital, a VC firm focused on finding and supporting high-impact companies in underinvested climate sectors, announced the launch of Starshot Fund I (a $35 million fund for companies working toward ambitious decarbonization goals).

Starburst: How This Rapidly Growing Data Lakehouse Provider Is Transforming A $30 Billion Market

By Amit Chowdhry ● May 15, 2024

Starburst is a company that offers a full-featured open data lakehouse platform built on open-source Trino. The company’s end-to-end analytics platform includes the capabilities needed to discover, organize, consume, and share data with industry-leading price performance for cloud and on-premises workloads. Pulse 2.0 interviewed Starburst co-founder and CEO Justin Borgman to learn more about the company.

Blue Wolf Capital: William MacColl Named As Director Of Investor Relations

By Amit Chowdhry ● May 15, 2024

Blue Wolf Capital Partners, a middle market private equity firm specializing in the industrial and healthcare sectors, announced that William MacColl has joined the firm as Director of Investor Relations. Before joining Blue Wolf, he was Director of North America Investor Relations for European private equity platform IK Partners.

Matrix Renewables: €300 Million In Corporate Debt Financing Closed

By Amit Chowdhry ● May 15, 2024

Global renewable energy platform Matrix Renewables and Santander Corporate & Investment Banking successfully closed a €300 million corporate debt financing.

Alkira: Reinventing Networking By Simplifying Any-To-Any Network Connectivity

By Amit Chowdhry ● May 15, 2024

Alkira is a company reinventing networking for the cloud era with global unified network infrastructure delivered as a service. Pulse 2.0 interviewed Alkira CEO Amir Khan to learn more about the company.

Greenboard: Compliance And Operations Software Company Closes $4.5 Million

By Amit Chowdhry ● May 15, 2024

Greenboard, a new compliance and operations software company for financial services, announced that the company has completed a $4.5 million Series Seed funding round led by Base 10 Partners, with participation from Y Combinator, General Catalyst, Wayfinder Ventures, Liquid2 Ventures, Twenty Two Ventures, Rogue Capital, Transpose Platform, and more.

Gausium: Autonomous Cleaning Solutions Company Secures $50 Million

By Amit Chowdhry ● May 15, 2024

Gausium, a leading company of autonomous cleaning solutions, announced it has raised a cumulative Series D funding round at $50 million.

Data Zoo: Identity Verification Solutions Company Raises $22.7 Million

By Amit Chowdhry ● May 15, 2024

Data Zoo, a leading global identity verification solutions provider, announced approximately $22.7 million (AU$35 million) in Series A funding from Ellerston JAADE (an Ellerston Capital fund). The funding round will help Data Zoo drive the adoption and innovation of its identity verification software. It provides direct access to authoritative data from 170+ countries, features advanced data sequencing to improve efficiency and maximize conversions, and prioritizes data protection and privacy by eliminating identity data storage.

Cross-Border Impact Ventures: Investing In Transformative Health Companies To Meet The Needs Of Women And Children

By Amit Chowdhry ● May 14, 2024

Cross-Border Impact Ventures (CBIV) is on a mission to be the preferred investor for transformative health technology companies with the potential of meeting the needs of women, children and adolescents across global markets. Pulse 2.0 interviewed Cross Border Impact Ventures managing partner Annie Thériault to learn more about the firm.

Harness: Modern Software Delivery Company Raises $150 Million

By Amit Chowdhry ● May 14, 2024

Harness, a Modern Software Delivery Platform company, announced $150 million in financing from Silicon Valley Bank (SVB) - a division of First Citizens Bank and Hercules Capital. This investment will be used strategically to support the expansion of the Harness platform, including the addition of new modules, further integrating generative AI into the platform, and additional investments in the company's go-to-market engine.

Li Industries: $36 Million Closed To Develop Next-Generation Lithium-Ion Battery Recycling Technologies

By Amit Chowdhry ● May 14, 2024

Li Industries announced the successful closing of a $36 million Series B funding round to scale up its next-generation lithium-ion battery recycling technologies. This funding round was co-led by Bosch Ventures, Khosla Ventures and LG Technology Ventures with Formosa Smart Energy Tech Corp., Anglo American Decarbonization Ventures and Chevron Technology Ventures coming in as new investors.

TXOne Networks: Cyber-Physical Systems Company Raises $51 Million

By Amit Chowdhry ● May 14, 2024

TXOne Networks, a leader in Cyber-Physical Systems (CPS) security, announced a significant achievement of securing $51 million in its Series B extension round of funding. Along with TGVest Capital (the lead investor of the B round), Pegatron Group, CDIB Capital Group and CDIB-Innolux II L.P. are continuing to invest. The new investors include the Taiwania Capital and Applied Ventures ITIC Innovation Fund, L.P. (AVITIC) - a joint fund of Applied Ventures, LLC and ITIC-Taiwan (Industrial Technology Investment Corporation).

XTEND: Human-Guided Autonomous Machine Systems Company Closes $40 Million

By Amit Chowdhry ● May 14, 2024

XTEND, the company behind XOS (an AI-driven operating system transforming the way humans interact with drones and robots) announced a $40 million Series B round, led by Chartered Group, with further participation from its existing and new strategic investors, including Clal-Tech.

Sift Healthcare: AI-Based Health Payment Solutions Company Raises $20 Million

By Amit Chowdhry ● May 14, 2024

Sift Healthcare, an AI-powered healthcare payment solutions innovator, announced it raised a $20 million Series B funding round. Led by B Capital, with continued support from existing investors, including Allos Ventures, First Trust Capital Partners and Rock River Capital, Sift will use this funding to prioritize team expansion and technology investments in artificial intelligence as the Company grows its industry-first Payments Intelligence Platform.

Monitaur: Model Governance Company Raises $6 Million

By Amit Chowdhry ● May 14, 2024

Monitaur, a sophisticated model governance software company for highly regulated companies and their partners, announced closing a $6 million Series A funding round led by Cultivation Capital, with participation from Rockmont Partners and others, including Defy VC, Techstars, and Studio VC. This funding will enable Monitaur to accelerate its growth and add talent across functions.

Innova Capital: Seventh Fund Closed At €407 Million

By Amit Chowdhry ● May 14, 2024

Innova Capital, a leading private equity firm based in Central Europe, announced it has successfully closed its latest fund - Innova/7, raising €407 million. This milestone stands as a major milestone in Innova's history as the latest fund surpassed the initial target of €350 million and the hard cap of €400 million.

NetXD: An Interview With Chairman Suresh Ramamurthi

By Amit Chowdhry ● May 14, 2024

NetXD is a company that offers a programmable enterprise operating system enabling organizations to transform their back office and middle office. For banks, NetXD offers a sidecar core that supports all major types of consumer and business bank accounts embedded banking and is paired with a payment hub with support for all central payment rails. Pulse 2.0 interviewed NetXD chairman Suresh Ramamurthi to learn more about the company.

Crosby Health Raises $2.2 Million And Launches Clinical LLM Apollo

By Amit Chowdhry ● May 14, 2024

Crosby Health, a health tech company developing proprietary AI to automate administrative tasks, announced the launching of its clinical large language model (LLM) Apollo today. The company also revealed it raised $2.2 million in pre-seed funding led by Amplo Ventures and with participation from NOMO Ventures and angel investors.

Panax: AI-Based Cash Flow Management Platform Raises $15 Million

By Amit Chowdhry ● May 13, 2024

Panax is a company that offers an AI-driven cash flow management platform that empowers mid-market and large companies with complex treasury management needs to gain control and sustainability and optimize liquidity.