Archives

HappySignals: IT Experience Management Company Closes €12 Million In Funding

By Amit Chowdhry ● Apr 22, 2024

HappySignals—a Finland-based human-centric IT experience management (ITXM) company—announced it has raised €12 million from the MAM Growth Equity strategy. This investment, which included participation from the company’s current investors, Nauta Capital and Vendep Capital, is the second for the MAM Growth Equity II fund.

Midas: Turkish Retail Investment Platform Company Secures $45 Million

By Amit Chowdhry ● Apr 22, 2024

Midas, a fintech startup that brought retail investing to millions of people in Turkey, announced that it has raised $45 million in equity funding. The new funding round will enable Midas to expand and roll out three new products: cryptocurrency trading, mutual funds, and savings accounts.

Smart Reporting: €23 Million Raised To Streamline Medical Workflow

By Amit Chowdhry ● Apr 22, 2024

Smart Reporting, a market leader in medical reporting, particularly in radiology and pathology, has raised a €23 million Series C financing round led by TVM Capital Life Science and was supported by Bayern Kapital and existing investors. The company was founded by Prof. Dr. Wieland Sommer in 2015 as a spin-off company from the Ludwig-Maximilians University in Munich

Infosys To Buy in-tech

By Amit Chowdhry ● Apr 22, 2024

Infosys, a digital services and consulting leader, announced it is acquiring in-tech, an engineering R&D services provider focused on the German automotive industry. This strategic deal further strengthens Infosys’ Engineering R&D capabilities and reaffirms its continued commitment to helping global clients navigate their digital engineering journeys.

Accacia: Real Estate Decarbonization Platform Company Raises $6.5 Million

By Amit Chowdhry ● Apr 22, 2024

Accacia, a decarbonization platform focusing on the real estate and infrastructure sectors, announced it had closed a $6.5 million pre-Series A funding round led by Illuminate Financial. AC Ventures also participated in this round, alongside continued support from early backers Accel and B Capital.

Salubris Biotherapeutics: $35 Million Secured To Fund Development Of Biologic Therapeutics

By Amit Chowdhry ● Apr 22, 2024

Salubris Biotherapeutics (SalubrisBio), a clinical-stage biotechnology company dedicated to discovering and developing novel complex biologic therapeutics, announced a new funding round of $35 million to fund continued R&D of clinical and pre-clinical programs. The company also provided progress updates for JK07, the first investigational antibody fusion protein for heart failure, JK08 (the first investigational IL15-CTLA4 antibody fusion for solid tumors), and JK06 (a first-in-class biparatopic antibody-drug conjugate targeting a known tumor antigen).

SynOx Therapeutics: Clinical Biopharmaceutical Company Raises $75 Million To Develop Emactuzumab

By Amit Chowdhry ● Apr 22, 2024

SynOx Therapeutics Limited - a late-stage clinical biopharmaceutical company - announced today the closing of a $75 million Series B financing. The funding was co-led by Forbion, HealthCap, and new investor Bioqube Ventures.

Yoshi Mobility To Expand 3 New Business Lines With Series C Round

By Amit Chowdhry ● Apr 22, 2024

Yoshi Mobility, a leading tech-enabled mobile car care company, announced the closing of its $26 million Series C round. This funding round includes strategic investors General Motors Ventures and Bridgestone Americas as well as international investors Universal Motors Agencies and Shikra Limited.

StackOne: Enabling Enterprise-Grade B2B Integrations In A $280 Billion Market

By Amit Chowdhry ● Apr 22, 2024

StackOne is a company that makes building integrations quickly, reliably, and securely using Unified APIs (HRIS, ATS, CRM, LMS, Marketing automation, etc.) Pulse 2.0 interviewed StackOne co-founder and CEO Romain Sestier to learn more about the company.

UNP: How This Company Unlocks The Potential Of Macrocycle Drug Discovery

By Amit Chowdhry ● Apr 22, 2024

Unnatural Products (UNP) is a company that unlocks macrocycle drug discovery's potential through machine learning and massively parallel synthesis. Pulse 2.0 interviewed UNP co-founder and CEO Cameron Pye to learn more about the company.

Rubedo Life Sciences: $40 Million Raised To Develop Therapies Targeting Senescent Cells, Driving Age-Related Diseases

By Amit Chowdhry ● Apr 22, 2024

Rubedo Life Sciences, a biopharmaceutical company committed to developing first-in-class therapies targeting senescent cells that drive age-related diseases, announced today the closing of a $40 million Series A financing round. This funding round was led by Khosla Ventures and Ahren Innovation Capital, with participation from Hevolution, R42, Modi Ventures, Cerigo Investments, Shanda Group, Refactor Capital, LongeVC, Italian Angels for Growth (IAG), and additional investors.

Lightmatter: Interview With CEO Nick Harris About High-Performance Computing

By Amit Chowdhry ● Apr 22, 2024

Lightmatter is a company that has reinvented how chips communicate and calculate. And its photonic interconnect and compute products simultaneously reduce the power consumption and increase the performance of silicon running the most advanced AI and HPC workloads. Pulse 2.0 interviewed Lightmatter CEO Nick Harris to learn more about the industry.

Lumeris: Care Transformation Company Raises $100 Million In Equity Growth Capital

By Amit Chowdhry ● Apr 22, 2024

Lumeris, a St. Louis-based value-based care transformation company bringing the technology-driven capabilities to deliver a system of care doctors want for their family, announced it has completed a $100 million equity capital raise. Deerfield Management and new investor Endeavor Health led this funding round. Existing investors Kleiner Perkins, Sandbox Industries, BlueCross BlueShield Venture Partners, and JDLinx (an investment company owned by John Doerr) participated in the round.

Smith.ai: Combining Live Agents And AI To Provide Superior Customer Engagement

By Amit Chowdhry ● Apr 22, 2024

Smith.ai combines live agents and AI to provide superior virtual receptionist, and intake, and outbound calling services to small businesses. Pulse 2.0 interviewed Smith.ai founder and CEO Aaron Lee to learn more about the company.

UBS Brings In Financial Advisor Team Headed By Christopher Toregas In LA

By Amit Chowdhry ● Apr 22, 2024

UBS Wealth Management USA announced that Christopher Toregas, CFP, has joined the firm as a Managing Director and Senior Portfolio Manager in the Century City office. Toregas and his team joined the firm’s Los Angeles Market, managed by Market Executive Lauren Gorsche and Market Director Kreg Pearless.

Quantiphi: Implementing Responsible AI To Help Companies With Automation And Simulation

By Amit Chowdhry ● Apr 22, 2024

Quantiphi is an AI-first digital engineering company driven by the goal of reimagining and realizing transformational opportunities at the heart of the business. Pulse 2.0 interviewed Quantiphi co-founder Ritesh Patel to learn more about the company.

WinWire: Helping Companies With Cloud Migration And Modernization

By Amit Chowdhry ● Apr 22, 2024

WinWire is a company that enables enterprises in the healthcare, software, and digital platforms (ISVs), retail, high-tech, and manufacturing sectors to embark on a transformative digital journey. Pulse 2.0 interviewed WinWire CEO Ashu Goel to learn more about the company.

Homium: Home Equity Mortgage Lender Company Raises $10 Million

By Amit Chowdhry ● Apr 22, 2024

Homium, a home equity mortgage lender and securitization platform, announced it has launched its tokenized home equity loans on Avalanche (smart contracts platform). To further develop the platform and scale its lending business, Homium raised $10 million in a Series A funding round led by the Sorenson Impact Group and Blizzard, the Avalanche Ecosystem Fund. ATLAS SP Partners, which launched in early February 2023 following Apollo Global’s acquisition of Credit Suisse’s Securitized Products Group, advises Homium.

1WorldSync: How This Product Content Orchestration Company Is Transforming An $8 Billion Market

By Amit Chowdhry ● Apr 22, 2024

1WorldSync is a leader in Product Content Orchestration. And the company simplifies the creation and distribution of impactful content that’s accurate, consistent and relevant everywhere commerce happens. Pulse 2.0 interviewed 1WorldSync chief product officer Randy Mercer to learn more.

Orbex: Orbital Launch Company Raises £16.7 Million

By Amit Chowdhry ● Apr 22, 2024

Orbex, a UK-based spaceflight company announced it raised £16.7 million from six backers in an update to the Series C funding round. The investors involved in the deal include a £10.5 million follow-on investment from the Scottish National Investment Bank, Octopus Ventures, BGF, Heartcore, the Export & Investment Fund of Denmark (EIFO), and several corporate and angel investors.

Future Business Partnership: An Interview With Co-Founder Vishesh Srivastava

By Amit Chowdhry ● Apr 22, 2024

Future Business Partnership is a focused team of sector specialists working to drive the sustainable transition of the household consumer goods industry. Pulse 2.0 interviewed Future Business Partnership co-founder and managing partner Vishesh Srivastava to learn more about the firm.

Apella Wealth: AUM Increased By $464 Million With ClearLogic Financial Addition

By Amit Chowdhry ● Apr 22, 2024

Apella Capital (DBA Apella Wealth), a financial advisory and wealth management firm serving individuals, families, and businesses, announced today that ClearLogic Financial, a registered investment advisor (RIA), has joined the firm. This acquisition establishes Apella’s presence in Reston, VA, and adds to its regional financial planning and investment management capabilities.

Blackstone Makes $1.5 Billion Takeover Bid For Hipgnosis Songs Fund

By Amit Chowdhry ● Apr 21, 2024

Over the weekend, private equity firm Blackstone made a $1.5 billion bid to acquire Hipgnosis Songs Fund. According to the company's website, Hipgnosis Songs Fund features 146 catalogs, 65,413 songs, and 163 Grammy-winning songs. These songs include hits from 50 Cent, Blondie, The Chainsmokers, Chromeo, Enrique Iglesias, Justin Bieber, Justin Timberlake, Kenny Chesney, Mark Ronson, Journey, Neil Young, Nelly, Pusha T, Red Hot Chili Peppers, and Shakira.

Cresset Brings In Two Advisory Teams That Managed About $5 Billion In AUM

By Amit Chowdhry ● Apr 21, 2024

Cresset announced that it has brought two new advisory teams to its San Francisco office. Previously with J.P. Morgan Wealth Management and First Republic Bank, the two teams comprise three lead advisors and 12 supporting financial professionals. The teams previously managed about $5 billion in assets for 160 client households.

DLA Piper Names Renewables Leader Luke Westmore As Partner

By Amit Chowdhry ● Apr 21, 2024

DLA Piper has announced it has named leading renewables lawyer Luke Westmore, who will be based in Melbourne, as a projects and infrastructure partner.

UBS: James Herring And John Gaffney Join Private Wealth Management Team

By Amit Chowdhry ● Apr 21, 2024

UBS announced that Private Wealth Advisors James Herring and John Gaffney will join the New York City firm. And at the conclusion of their notice periods, Herring and Gaffney will join the UBS Manhattan Market. They will be based at the firm’s 299 Park Ave Private Wealth Management office, which Chris Amo and Bob Sorrentino manage.

Pathios Therapeutics: $25 Million Closed For Developing Cancer Therapies

By Amit Chowdhry ● Apr 20, 2024

Pathios Therapeutics Limited, a biotech company focused on developing first-in-class therapies for cancer, announced that the company has raised $25 million in the first close of a Series B funding round. This funding round consists of a new strategic investment from Bristol Myers Squibb and support from existing investors, including Canaan and Brandon Capital.

GA Drilling: Deep Geothermal Leader Secures $15 Million

By Amit Chowdhry ● Apr 20, 2024

GA Drilling, a leader in deep geothermal, announced the first close of $15 million in funding after successful tests. Investors include Nabors, Christian Oldendorff's new Family Office (alfa8), the previous CEO of private equity firm EQT (Thomas von Koch), newly established geothermal fund Underground Ventures, and Neulogy Ventures.

Outrun Therapeutics: E3 Ligase Inhibitor And Protein Stabilization Specialist Company Raises $10 Million

By Amit Chowdhry ● Apr 20, 2024

Outrun Therapeutics, an E3 ligase inhibitor, and protein stabilization specialist, exited stealth following a $10 million seed funding round. And its platform enabled it to rapidly build a pipeline of highly selective, small-molecule, first-in-class E3 ligase inhibitors and identify novel E3 ligase targets across multiple disease areas. Outrun's lead program is focused on hard-to-treat solid tumors.

Ramp: Modern Finance Platform Company Raises $150 Million At $7.65 Billion Valuation

By Amit Chowdhry ● Apr 20, 2024

Ramp - a platform for modern finance teams, from spend management and expense management software to bill payments and vendor management, announced it had completed a $150 million Series D-2 funding round, raising the company’s valuation to $7.65 billion. This funding round was co-led by Khosla Ventures and Founders Fund, with additional new investors Sequoia Capital, Greylock, and 8VC. The company's existing investors, Thrive Capital, General Catalyst, Sands Capital, D1 Capital Partners, Lux Capital, ICONIQ Growth, Definition Capital, Contrary Capital, and more are also doubling down.