Archives

Stanly: $8 Million Pre-Series A Funding Raised To Improve Fandom Experiences

By Amit Chowdhry ● Jun 20, 2024

Stanly, an innovative platform designed exclusively for fans to connect, engage, and celebrate their favorite fandoms, announced it has successfully raised $8 million in pre-Series A funding. This funding round was led by Adrian Cheng's C Capital, with participation from AppWorks, Goodwater, Palm Drive Capital, and others.

AccountsIQ: Cloud-Based Accounting Platform Company Closes €60 Million In Series C

By Amit Chowdhry ● Jun 20, 2024

Cloud-based accounting platform AccountsIQ announced that it has secured a €60 million Series C investment from Axiom Equity. This funding will be used for continuing to develop the AccountsIQ product to shape the finance function of the future, particularly to take advantage of advancement in AI throughout all aspects of the solution.

Canary Speech: AI-Based Voice Biomarker Health Company Raises $13 Million In Series A

By Amit Chowdhry ● Jun 20, 2024

Canary Speech, a leading AI-powered voice biomarker health tech company, announced it has secured a $13 million Series A funding round led by Cortes Capital, LLC (Love's Private Equity), with participation from Sorenson Communications, LLC., SMK (Japan), and Hackensack Meridian Health.

Findigs: Property Tech Company Secures $27 Million To Simplify Rental Screening

By Amit Chowdhry ● Jun 20, 2024

Findigs, a leading property technology company that simplifies rental screening and leasing decisions, announced $27 million in Series B funding. This funding follows the company’s unannounced Series A and Seed rounds, bringing the total funding raised to date to $48 million. This round was led by Nyca Partners, with participation from existing investors RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier Venture Capital.

InduPro: $85 Million Closed To Create Novel Therapeutics For Treating Cancer

By Amit Chowdhry ● Jun 20, 2024

InduPro, a biotechnology company defining protein spatial relationships to create novel therapeutics for the treatment of cancer and autoimmune diseases, announced an $85 million Series A financing co-led by The Column Group and Vida Ventures with participation from investors, including MRL Ventures Fund (the therapeutics-focused venture fund of Merck & Co, Inc.), Emerson Collective and Euclidean Capital.

Beta Boom: Investing In Startups That Are Solving Impactful Problems For Society

By Amit Chowdhry ● Jun 20, 2024

Beta Boom is a firm that invests in pre-seed and seed startups that are solving impactful problems for society. Pulse 2.0 interviewed Beta Boom co-founder and managing partner Sergio Paluch to learn more.

White & Case: Mark Davies Named As A Partner In Washington, DC

By Amit Chowdhry ● Jun 20, 2024

Law firm White & Case LLP has expanded its Intellectual Property Practice and Global Technology Industry Group with the addition of Mark Davies as a partner in Washington, DC. And Davies' practice focuses on appellate litigation matters for the most innovative technology companies. As an appellate lawyer, Davies has argued and briefed 50+ cases, both in private practice and for the government. And he has handled appeals for leading American technology companies as well as Asia-Pacific and European companies.

George Mason University Approved For $19.5 Million Landolt NASA Space Mission

By Amit Chowdhry ● Jun 20, 2024

George Mason University is becoming the location for the $19.5 million recently approved Landolt NASA Space Mission that will put an artificial star in orbit around the Earth. And this artificial star will enable scientists to calibrate telescopes and more accurately measure the brightness of stars ranging from those nearby to the distant explosions of supernova in far-off galaxies. By launching absolute flux calibration, the mission will begin addressing several open astrophysics challenges including the speed and acceleration of the universe expansion.

Baker McKenzie: Colin Bowes-Carlson Rejoins As Partner in Chicago

By Amit Chowdhry ● Jun 20, 2024

Baker McKenzie announced that Colin Bowes-Carlson, former General Counsel at the Illinois Department of Revenue (IDOR), has rejoined the firm in Chicago. As a renowned transactional attorney who focuses on cross-border transactions and reorganizations, Colin is the newest partner to join Baker McKenzie's global transactional team, which has seen the addition of 20 partners since the start of the year.

Veteran Ventures Capital: $25 Million Raised For Fund II

By Amit Chowdhry ● Jun 20, 2024

Veteran Ventures Capital (VVC) announced the successful first close of its Fund II, reaching $25 million—half of its target raise of $50 million. This milestone was achieved in less than five months and highlights the strong investor confidence in Veteran Ventures' thesis and execution, which focus on investing in dual-use national security technology businesses led by veteran entrepreneurs and leaders.

Viridi: Wayne Garrett Named As Chief Commercial Officer

By Amit Chowdhry ● Jun 20, 2024

Viridi Parente, a leader in developing the first fail-safe battery energy storage system that provides on-demand and affordable power for use in industrial, medical, commercial, municipal, and residential building applications, today announced the expansion of its executive leadership team with the addition of Wayne Garrett as Chief Commercial Officer (CCO).

Sailes: Automating The Prospecting Lifecycle In A $25+ Billion Market

By Amit Chowdhry ● Jun 20, 2024

Sailes builds personality-driven AI Sailebots to automate the entire prospecting lifecycle for the world's leading sales executives and teams. Pulse 2.0 interviewed Sailes’ President, CEO, and Founder Nick Smith to learn more about the company.

Alzheon: $100 Million Closed To Advance Development Of Oral Tablet For Treating Alzheimer’s Disease

By Amit Chowdhry ● Jun 19, 2024

Alzheon, a clinical-stage biopharmaceutical company developing a portfolio of product candidates and diagnostic assays for patients suffering from Alzheimer’s disease (AD) and other neurodegenerative disorders, announced that it has raised $100 million in Series E financing, led by Alerce Medical Technology Partners. And Alzheon previously raised $50 million in Series D funding a couple of years ago.

Vantage Data Centers: $9.2 Billion Equity Investment Completed

By Amit Chowdhry ● Jun 19, 2024

Vantage Data Centers, a leading global provider of hyperscale data center campuses, announced it completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge Group, a leading global alternative asset manager dedicated to investing in digital infrastructure, and Silver Lake, the global leader in technology investing.

Amazon To Invest €10 Billion In Germany For Cloud, Logistics, And R&D

By Amit Chowdhry ● Jun 19, 2024

Amazon announced it has planned investments of €10 billion in Germany to drive innovation and support the expansion of its logistics network and cloud infrastructure across the country. And Amazon is also creating 4,000 new jobs this year, at three new fulfilment centers: one in Horn-Bad Meinberg (North Rhine-Westphalia), opening in late summer 2024, one in Erfurt (Thuringia), opened in May 2024, and one in Großenkneten, opened in August 2023.

Content Creator Platform Passes Partners With Texas One Fund

By Amit Chowdhry ● Jun 19, 2024

Passes, a leading content creator platform, announced a partnership with the Texas One Fund, marking the first-ever NIL collective deal on the Passes platform. And this collaboration opens new avenues for college athletes to deepen fan connections through exclusive behind-the-scenes access and compelling day-in-the-life content with Passes exclusive and advanced features like interactive Q&A sessions and DMs.

UNIGRID Battery Closes $12 Million In Funding To Scale Up Production

By Amit Chowdhry ● Jun 19, 2024

UNIGRID Battery, a San Diego-based company developing advanced sodium-ion batteries, announced a successful closing of an oversubscribed $12 million Series A funding round. The funding was Co-led by Transition VC and Ritz Venture Capital and joined by new investor Union Square Ventures and existing investor Foothill Ventures. The investment will accelerate and scale up UNIGRID's battery production to fulfill MWh-scale customer orders in the electric mobility and stationary storage markets.

Santa Ana Bio: Inflammatory Disease Precision Medicine Company Raises $168 Million

By Amit Chowdhry ● Jun 19, 2024

Santa Ana Bio, a precision immunology company developing targeted therapies for patients with autoimmune and inflammatory diseases, emerged from stealth with $168 million in combined Series A and B funding. Versant Ventures, founding investor, led the Series A round, which was joined by TPG’s Life Science Innovations fund and GV. GV led the $125 million Series B round, which was participated in by all existing investors and new investors Access Biotechnology, Andreessen Horowitz (a16z) Bio + Health, and RTW.

FUZE Technology: Mobile Charging Solution Company Secures $11.5 Million

By Amit Chowdhry ● Jun 19, 2024

FUZE Technology, a pioneering IoT company behind chargeFUZE (a pay-per-use mobile charging solution), announced the closing of the company’s Series A funding round at $11.5 million.

Enveda Biosciences: $55 Million Closed To Use AI For Translating Nature Into New Medicines

By Amit Chowdhry ● Jun 19, 2024

Enveda Biosciences, a biotechnology company that utilizes AI to translate nature into new medicines, announced a new funding round of $55 million to add to its $119 million combined Series B and B1. The new investors, Premji Invest, Lingotto Investment Fund, Microsoft, and The Nature Conservancy, participated in the round alongside existing investors Kinnevik, True Ventures, FPV, Level Ventures, and Jazz Venture Partners.

ElectronX: New Energy Exchange Company Raises $15 Million

By Amit Chowdhry ● Jun 19, 2024

ElectronX, a new energy exchange created to help advance the U.S. grid transition to renewable sources, today announced it has raised a $15 million seed investment round led by Innovation Endeavors. Additional seed round investors in ElectronX include DCVC, Amplo, BoxGroupand Lightning Capital, and individuals across the trading and power industries.

Freshfields: Jackie Marino Named As Capital Markets Partner

By Amit Chowdhry ● Jun 19, 2024

Freshfields announced that Jacqueline (Jackie) Marino has joined the Capital Markets practice as a partner based in New York. Marino’s practice focuses on representing issuers and underwriters on a variety of capital markets transactions, including IPOs and other equity offerings, investment-grade, high-yield, and convertible debt financings, private placements, and liability management transactions.

JOGO Health: $5.5 Million Raised To Treat Neuromuscular Disorders

By Amit Chowdhry ● Jun 18, 2024

JOGO Health, a medical technology company treating chronic pain and neuromuscular disorders, announced it has raised over $5.5 million in an investment round led by Hourglass Ventures. And due to high demand, the company is opening the round to public retail investors through a Regulation CF community investment round on Wefunder, inviting retail investors to join alongside firms like Mayo Clinic Ventures (the venture arm of the renowned hospital).

SCI Ventures: Philanthropy Fund Launched To Advance Restorative Treatments For Spinal Cord Injuries

By Amit Chowdhry ● Jun 18, 2024

SCI Ventures, a new venture philanthropy vehicle focused on funding and commercializing innovative treatments for spinal cord injury, announced the launch of its first fund. SCI Ventures' mission is to advance breakthroughs for people living with paralysis by supporting promising cure-oriented therapies and emerging technologies. This fund launched with $27 million in commitments and anticipates raising $40 million by the end of the year.

Moonbeam Network: Smart Contract Platform Company Raises $13 Million

By Amit Chowdhry ● Jun 18, 2024

Moonbeam Network, a smart contract platform that accelerates Web3 integration, announced $13 million in development support for gaming, real-world assets, canary network Moonriver, and other targeted key areas. And this funding also includes a new $10 million Innovation Fund, $1.5 million in Moonbeam ecosystem grants, and $1.5 million in Moonriver grants.

AVAVA: Medical Aesthetics Company Closes $35 Million In Funding

By Amit Chowdhry ● Jun 18, 2024

AVAVA, a medical aesthetics platform company advancing a new class of image-guided and focused intradermal laser products that are safe and effective for all skin tones, announced that it secured $35 million in new funding.

Aim Security: $18 Million Closed To Enable Secure Adoption Of AI Across Enterprises

By Amit Chowdhry ● Jun 18, 2024

Aim Security, a company that is enabling the secure adoption and use of AI across enterprise organizations, announced $18 million in Series A funding led by Canaan Partners, with participation from the company’s seed investor YL Ventures.

Nomad Health: $22 Million Raised And Justin Lambert Named As CEO

By Amit Chowdhry ● Jun 18, 2024

Nomad Health, a leading digital marketplace for healthcare jobs, announced it has raised $22 million in a round led by HealthQuest Capital. Adams Street, Icon Ventures, Polaris Partners, .406 Ventures, and RRE Ventures also joined the round. The company has also appointed Justin Lambert as chief executive officer (CEO). Co-founder and former CEO, Alexi Gharib Nazem, MD, will remain on the Nomad Health Board of Directors.

Zips Car Wash Raises $70 Million From Atlantic Street Capital

By Amit Chowdhry ● Jun 18, 2024

Atlantic Street Capital (a private equity firm that invests in lower middle market companies through an operationally intensive strategy) announced that it has made an additional $70 million investment to further support the operating strategy, member experience, leadership team, and wash quality of its portfolio company Zips Car Wash.

YesWeHack: Bug Bounty And Vulnerability Management Platform Closes €26 Million

By Amit Chowdhry ● Jun 18, 2024

YesWeHack, a global Bug Bounty and vulnerability management platform, announced a €26 million Series C funding round. Wendel led the round, which included new investors like Adelie and Seventure Partners and reinvestment from Bpifrance, Open CNP, and Eiffel Investment Group. YesWeHack also welcomed Renaud Deraison, Co-Founder of Tenable and Senior Advisor to Wendel Growth, to its Board of Directors.