Archives

Aegir Insights: €8.5 Million Raised To Build Next-Gen Software To Accelerate Offshore Wind Investments

By Dan Anderson ● Feb 13, 2024

Aegir Insights (a leading provider of decision-making software, data, and intelligence for the offshore wind sector) announced it has raised €8.5M in Series A funding, led by Seaya Andromeda with the participation of Climentum Capital.

US Ignite Secures $6.97 Million Contract From ERDC To Continue SICD Program

By Annie Baker ● Feb 13, 2024

US Ignite announced a new contract for $6.97 million from the U.S. Army Engineer Research and Development Center (ERDC) to continue the successful Smart Installation and Community Dashboard (SICD) program at Fort Moore, Georgia. And the contract follows the development and deployment of three key software applications in the SICD program, all of which were designed to help provide a common operating picture to leaders at the installation.

Antithesis Raises $47 Million To Transform How Software Is Tested And Debugged

By Amit Chowdhry ● Feb 13, 2024

Antithesis – a platform transforming how software is tested and debugged - launched out of stealth and announced $47 million in seed funding from Amplify Partners, Tamarack Global, and First In Ventures, with participation from angel investors including Michael Walrath, Founder of Right Media and Howard Lerman, Founder of Yext and Roam.

Whole Earth Brands To Be Acquired By Sababa Holdings

By Noah Long ● Feb 13, 2024

Whole Earth Brands (a global food company enabling healthier lifestyles through premium plant-based sweeteners, flavor enhancers and other foods) confirmed that the company entered into a definitive agreement pursuant to which Ozark Holdings, LLC (which, in the future, plans to do business as Sweet Oak Parent), an affiliate of Sababa Holdings FREE, LLC will acquire all of the outstanding shares of the company’s common stock that it does not already own in an all-cash transaction for $4.875 per share.

AIX Ventures Closes $202 Million For Second Fund

By Amit Chowdhry ● Feb 13, 2024

AIX Ventures Team – a venture firm founded by some of the world’s top AI practitioners who work closely with an experienced investing team to provide entrepreneurs with deep company-building and AI expertise – announced a second fund of $202 millionto invest in early-stage AI companies. Fund II will enable the firm to lead more rounds and grow the investing team.

New Holland Capital Receives Strategic Investment From AGF Management Limited

By Amit Chowdhry ● Feb 13, 2024

AGF Management Limited announced that it has made a strategic investment in New Holland Capital (NHC) – a New York multi-strategy investment manager with more than $5 billion in assets under management and more than 17 years of experience providing institutional investors with absolute return investment strategies across the liquidity spectrum.

Beverage Company Odyssey Raises $6 Million

By Annie Baker ● Feb 13, 2024

Odyssey – the company behind an energy drink enriched with a potent blend of 2750mg of Lions Mane and Cordyceps mushrooms – announced the completion of a $6 million funding round. This funding round signifies a pivotal moment in the brand's journey and underscores the burgeoning support for its fusion of vitality and cognitive enhancement.

Nucleus Security: Risk-Based Vulnerability Management Platform Secures $43 Million

By Amit Chowdhry ● Feb 13, 2024

Nucleus Security - the developers of the market-leading Risk-Based Vulnerability Management platform – announced it has secured $43 million in Series B funding led by Arthur Ventures and Lead Edge Capital. This milestone marks a major leap forward in the company's mission to redefine how enterprises manage risk exposure from vulnerabilities across infrastructure, cloud, and application portfolios in one unified platform.

Incision Management Company BRIJ Medical Raises $5.5 Million

By Annie Baker ● Feb 13, 2024

BRIJ Medical (a leader in the incision management and support industry) has unveiled a strategic rebrand from Brijjit Medical to BRIJ Medical. And BRIJ Medical is introducing new technologies to minimize wound complications and improve scar therapy. The funding round was led by Tim Gleeson (Vidant Capital) and an impressive list of MedTech industry veterans.

Google To Invest €25 Million In AI Opportunity Initiative For Europe

By Amit Chowdhry ● Feb 13, 2024

Google Europe, Middle East, and Africa President Matt Brittin announced that the company is working with EU governments, civil society, academics, and businesses to find the right path to land AI technology safely and for everyone. And the company is launching the AI Opportunity Initiative for Europe, which would help provide training and skills to support people and countries to succeed in seizing the AI opportunity.

Cardboard Spaceship: $1 Million Raised For Funding LaunchPad Ventures

By Annie Baker ● Feb 13, 2024

Cardboard Spaceship announced the launch of its newest strategic initiative, LaunchPad Ventures, which will operate as a private equity affiliate of the video production company. With an initial $1 million in capital, LaunchPad Ventures (via Cardboard Spaceship) will focus on creating cinematic content to meet the growing demand for quality digital assets available for licensing on digital platforms like Filmsupply.

Groover: Music Promotion Platform Company Raises $8 Million

By Noah Long ● Feb 13, 2024

Groover - an innovative music promotion platform – announced an $8 million Series A funding round, led by investors OneRagtime, Trind, Techmind, and MozzaAngels, and supported by historical backers, Partech, Bpifrance's Tech & Touch fund, Verve Ventures, and Frenchfounders. This new funding round will consolidate Groover's position as an all-in-one platform solution by integrating additional services such as promotion, marketing, coaching, and career development support to strengthen the company's strategic presence in the North American, European, and Latin American markets.

Why Huron Is Buying Management Consulting Firm GG+A

By Amit Chowdhry ● Feb 13, 2024

Global professional services firm Huron announced it has agreed to acquire GG+A, which is a leading philanthropic management consulting firm that helps education institutions and healthcare, arts and other nonprofit organizations build and accelerate the philanthropic programs that support their mission. Successful fundraising programs and campaigns can play a pivotal role in helping organizations achieve their strategic objectives and widen their impact.

How Mount Sinai Medical Center Plans To Utilize AI For Treating Complex Aortic Conditions

By Annie Baker ● Feb 13, 2024

Mount Sinai Medical Center announced it is now implementing unique AI software to support treating patients with complex aortic diseases.

Nordic Capital Buying SaaS Core Modernization Company Zafin

By Amit Chowdhry ● Feb 13, 2024

Nordic Capital announced it has signed an agreement to acquire a majority share in Zafin, a leading provider of SaaS core modernization and transformation solutions for financial institutions around the world. The investment was made in close partnership with Zafin's founders and management - who will reinvest in the company alongside Nordic Capital.

Why ADC Aerospace Is Buying Cast-Rite

By Annie Baker ● Feb 13, 2024

ADC Aerospace (a leading manufacturer of complex, highly-engineered turnkey die-cast parts used in critical applications in the aerospace, defense, medical, automotive and specialty industrial markets) has acquired Cast-Rite, a leading provider of advanced die casting and fabrication solutions.

Trading Technologies Buying ATEO: Details

By Amit Chowdhry ● Feb 13, 2024

Trading Technologies International (TT) - a global capital markets technology platform provider - announced a definitive agreement for TT to acquire ATEO SAS, a leading provider of post-trade solutions for listed derivatives, expanding TT's reach into clearing and other middle-office technologies and services. The terms of the transaction, expected to close on February 29, were not disclosed.

American Electric Power Names Two New Directors

By Amit Chowdhry ● Feb 13, 2024

American Electric Power announced that it has agreed with Icahn Capital L.P. and certain of its affiliates, under which Hunter C. Gary, senior managing director at Icahn Enterprises L.P., and Henry (Hank) P. Linginfelter, retired executive vice president of Southern Company Gas, will join AEP's Board of Directors, effective now.

Stifel Hires Stofan Agazzi Investments Team

By Amit Chowdhry ● Feb 13, 2024

Stifel Financial announced that Stofan Agazzi Investments has joined the firm’s independent contractor broker-dealer subsidiary Stifel Independent Advisors, LLC. Based in Joliet, Illinois, Stofan Agazzi Investments is headed by 36-year investment industry veteran Mark Stofan, CFP, President.

Logz.io: Helping Cloud-Native Businesses Manage The Health And Performance Of Their Environments In A $70 Billion Market

By Amit Chowdhry ● Feb 13, 2024

Logz.io is a company that helps cloud-native businesses monitor and secure their environment with a SaaS observability platform based on leading open-source tools. Pulse 2.0 interviewed Logz.io co-founders Asaf Yigal and Tomer Levy to learn more about the company.

Cribl: How This Company Enables Open Observability And Enables Customers To Control Their Data

By Amit Chowdhry ● Feb 13, 2024

Cribl is a company that enables open observability and defies data gravity, giving customers radical levels of choice and control. Pulse 2.0 interviewed Cribl Senior Director of Market Strategy & Competitive Intelligence Nick Heudecker to learn more about the company.

Exponential Markets Raises Strategic Investment From Citi

By Amit Chowdhry ● Feb 13, 2024

Today fintech company Exponential Markets (formerly branded Exponential Exchange) announced a strategic investment from Citi to develop and launch innovative risk mitigation tools. Citi invested in Exponential’s most recent seed round, led by MaC Venture Capital, and included support from Autotech Ventures and Avanta Ventures. This funding round raised the total amount to over $10 million.

Tola Capital: With Over $680 Million In Total Funds, This VC Firm Invests In Disruptive AI Companies

By Amit Chowdhry ● Feb 13, 2024

Tola Capital is a venture capital firm that believes in the power of software, data, and AI to transform the way the world works. Launched in 2010 by experienced software operators at the forefront of cloud computing's rise, the firm backs startups that have enterprise technology experience and are building disruptive and industry-transforming solutions with diverse teams. Pulse 2.0 interviewed Tola Capital co-founder and managing director Sheila Gulati to learn more about the firm.

Wizz: A Social Media App That Gives 16M+ Teens A Safe Place for Self-Expression

By Amit Chowdhry ● Feb 13, 2024

Wizz is a social media discovery app that’s created a space for 13 to 21-year-olds to meet and connect with people that have similar interests as them around the globe. Pulse 2.0 interviewed Wizz CEO Aymeric Roffé to learn more about how the company

Apiture: Delivering Digital Banking Solutions To Financial Institutions

By Amit Chowdhry ● Feb 13, 2024

Semarchy: This Data Integration And Management Company Is Rapidly Growing In An $18 Billion Market

By Amit Chowdhry ● Feb 13, 2024

Semarchy is a leader in the data integration and master data management markets that enables organizations to rapidly generate business value from their data. And its unified platform enables organizations of any size to quickly discover, govern, manage, integrate, and report critical information scattered across applications. Pulse 2.0 interviewed Semarchy chief growth officer Brett Hansen to learn more about the company.

Beta Boom: $14.5 Million Fund II Closed To Invest In Solutions For Underserved Populations

By Amit Chowdhry ● Feb 13, 2024

DeNexus: How This Company Empowers The Industrial Enterprise Quantify Cyber Risk Exposure

By Amit Chowdhry ● Feb 13, 2024

DeNexus is a leading provider of cyber risk modeling for industrial organizations, global (re)insurers, and insurance-linked securities (ILS) investors. The company’s flagship platform, DeRISK, empowers industrial enterprises and risk underwriters to quantify and manage cyber risk exposure on a continuous basis. Pulse 2.0 interviewed DeNexus founder and CEO Jose Seara to learn more about the company.

Jona: Using AI To Analyze Microbiomes And Provide Actionable Insights

By Amit Chowdhry ● Feb 13, 2024

Jona is a company that has developed transformative AI technology to analyze an individual's microbiome, interpret the results, and summarize what is known today about that individual's microbiome profile based on the scientific literature. And with actionable insights and recommendations, individuals can get to the root source of understanding their health, alleviate symptoms, and prevent chronic disease. Pulse 2.0 interviewed Jona founder and CEO Leo Grady to learn more.

Keychain: This Company Plans To Help Brands Find The Right Manufacturing Partners

By Amit Chowdhry ● Feb 13, 2024

Keychain is a platform for CPG manufacturing that works with brands and retailers to bring clarity and convenience to the process of creating products. Starting with a network of over 10,000 manufacturers, Keychain's proprietary and AI-powered platform helps brands quickly find the perfect manufacturing partners. Pulse 2.0 interviewed Keychain co-founder and CEO Oisin Hanrahan to learn more about the company.