Archives

CarNow: $40 Million Growth Investment Raised From Runway Growth Capital

By Amit Chowdhry ● Apr 18, 2024

Runway Growth Capital, a leading provider of growth loans to venture and non-venture-backed companies seeking an alternative to raising equity, announced a $40 million commitment to CarNow, which is a live-data automotive technology platform that helps dealers elevate the car buying process by transforming the way they connect with customers.

WellTheory: How This Virtual Care Platform Plans To Reverse The Autoimmune Epidemic

By Amit Chowdhry ● Apr 18, 2024

WellTheory is an early-stage company on a mission to reverse the autoimmune epidemic. Pulse 2.0 interviewed WellTheory co-founder and CEO Ellen Rudolph to learn more about the company.

Take2 AI: Sales Recruiting Platform Company Raises $3 Million

By Amit Chowdhry ● Apr 18, 2024

Take2 AI, an AI-powered job simulation platform for sales recruiting, announced it has raised a $3 million seed round led by Reach Capital and SemperVirens. Other Silicon Valley-based venture funds, Techstars, and HR leaders from Visa, Disney, HP, and Google participated.

Bridgewise: $21 Million Raised To Advance AI-Powered Financial Intelligence Platform For Global Securities

By Amit Chowdhry ● Apr 18, 2024

Bloomreach: Personalizing E-Commerce Experiences By Unifying Customer And Product Data

By Amit Chowdhry ● Apr 18, 2024

Bloomreach personalizes the e-commerce experience by unifying real-time customer and product data so businesses understand what customers want. Pulse 2.0 interviewed Bloomreach CEO and co-founder Raj De Datta to learn more about the company.

Breaking: Plastic Degradation And Synthetic Biology Company Secures $10.5 Million

By Amit Chowdhry ● Apr 18, 2024

Breaking, a plastic degradation and synthetic biology company, launched at Colossal Biosciences based on a core discovery out of the Wyss Institute for Biologically Inspired Engineering at Harvard University. Breaking also announced it launched with unveiling its discovery, X-32, which it will develop to address the global plastics crisis. And Breaking raised $10.5 million in a seed round.

Miggo: Application Detection And Response Platform Company Raises $7.5 Million

By Amit Chowdhry ● Apr 18, 2024

Miggo, a cybersecurity company introducing a Application Detection and Response (ADR) platform, announced $7.5 million in seed funding led by YL Ventures with the participation of CCL (Cyber Club London), cybersecurity leaders from Elastic and Everon, and former CISOs of Google, Zscaler and Nike. And Miggo's ADR platform addresses a critical gap in application security by enabling security teams to detect and respond to targeted application attacks.

BreachRx: Intelligent Incident Response Platform Company Raises $6.5 Million

By Amit Chowdhry ● Apr 17, 2024

BreachRx, a provider of the first intelligent incident response platform designed for the entire enterprise, announced the closing of its $6.5 million seed round led by SYN Ventures and participated in by Overline.

Trident IoT: Silicon Provider And RF Technology Company Closes $10 Million

By Amit Chowdhry ● Apr 17, 2024

Trident IoT, a silicon provider and RF technology company focused on decreasing time-to-market for connected device manufacturers, announced the completion of a $10 million fundraising round.

HumanX: AI Leader Forum Company Secures $6 Million

By Amit Chowdhry ● Apr 17, 2024

HumanX, a forum for AI leaders started by the team behind HLTH and Money20/20, announced its official debut and the annual conference. This inaugural gathering will be hosted in March 2025 and bring together C-suite leaders, decision-makers, policymakers, founders, and AI practitioners. And HumanX raised over $6 million in funding led by Primary Venture Partners, with participation from Foundation Capital, FPV Ventures, and Andreessen Horowitz.

BeyondTrust To Buy Privilege Management Company Entitle

By Amit Chowdhry ● Apr 17, 2024

BeyondTrust, a leader in intelligent identity and access security, announced a definitive agreement to acquire Entitle, a privilege management solution company that discovers, manages, and automates just-in-time (JIT) access and modern identity governance and administration (IGA).

Toku: All-In-One Recurring Payments Platform Raises $9.3 Million

By Amit Chowdhry ● Apr 17, 2024

GridBeyond: Intelligent Energy And Smart Grid Platform Company Secures €52 Million

By Amit Chowdhry ● Apr 17, 2024

GridBeyond, a leading intelligent energy and smart grid platform provider for distributed energy resource management, announced it has closed a €52 million Series C financing round. Alantra’s Energy Transition Fund Klima led the round. And the round also included new investors Energy Impact Partners, Mirova, ABB, Constellation, and Yokogawa Electric Corporation, as well as investment from existing investor Act Venture Capital.

Ilant Health: Obesity Management Company Extends Seed Round To $5.5 Million

By Amit Chowdhry ● Apr 17, 2024

Ilant Health, a leader in value-based obesity management and cardiometabolic health solutions, announced the extension of its seed round of fundraising from $3 million to $5.5 million. This women-led startup received additional funds from a combination of new health-oriented investors, including LifeX Ventures, Celtic House Asia Partners, Cornucopian Capital, and existing investors.

University Of Texas At Arlington Launches Center For Entrepreneurship And Technology Development

By Amit Chowdhry ● Apr 17, 2024

The University of Texas at Arlington has announced the launch of its Center for Entrepreneurship and Technology Development (CETD) to support student and faculty entrepreneurship. This center will support the region’s innovation economy and expand UTA’s worldwide engagement with public and private partners.

Asher Biotherapeutics: $55 Million Raised To Develop Precisely-Targeted Immunotherapies

By Amit Chowdhry ● Apr 17, 2024

Asher Biotherapeutics, a biotechnology company that is developing precisely targeted immunotherapies for cancer, autoimmune, and infectious diseases, announced the closing of a $55 million Series C funding round. This funding was led by RA Capital Management and included new investors AstraZeneca and Bristol Myers Squibb, along with existing investors Janus Henderson Investors, Third Rock Ventures, Wellington Management, Boxer Capital, and other undisclosed institutional investors.

AI Squared: $13.8 Million Raised To Deliver Data And Insights Into Business Apps

By Amit Chowdhry ● Apr 17, 2024

AI Squared, a company that helps organizations deliver data and AI insights into business applications, announced today that it has raised $13.8 million in Series A funding led by Ansa Capital with participation from existing investors NEA and Ridgeline.

University Of Arkansas At Little Rock Receives $5 Million In Federal Funding For Cybersecurity Education

By Amit Chowdhry ● Apr 17, 2024

The University of Arkansas at Little Rock received $5 million in federal funding to enhance cybersecurity for the energy sector through education, workforce development, and innovation. This award comes from appropriations language authored by U.S. Sen. John Boozman (passed into law in December 2022). And the U.S. Department of Energy Office of Cybersecurity, Energy Security, and Emergency Response provided this funding.

Accenture Federal Services To Buy Cognosante

By Amit Chowdhry ● Apr 17, 2024

Accenture Federal Services has agreed to acquire Cognosante, a mission-driven provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. The terms of the deal were undisclosed.

Magnesium Capital: Inaugural Fund Closed At €135 Million

By Amit Chowdhry ● Apr 17, 2024

Energy transition buyout specialist Magnesium Capital announced the successful closing of its inaugural Fund, Magnesium Capital I, at its hard cap of €135 million, exceeding the €100 million Fund target. The final close occurred less than a year after the Fund’s first close, with Magnesium attracting blue-clip institutional investors from the US, Europe, and the UK.

Andreessen Horowitz: $7.2 Billion Raised For Several Venture Strategies

By Amit Chowdhry ● Apr 17, 2024

Venture capital firm Andreessen Horowitz announced it has raised $7.2 billion for several venture strategies. The funding will be spread as follows: American Dynamism ($600 million), Apps ($1 billion), Games ($600 million), Infrastructure ($1.25 billion), and Growth ($3.75 billion).

EnrichedHQ: How This Platform Connects Families To Virtual Activities For School-Aged Kids

By Amit Chowdhry ● Apr 17, 2024

Two Chairs: Modern Behavioral Health Company Raises $72 Million

By Amit Chowdhry ● Apr 17, 2024

Modern behavioral health company Two Chairs announced that it has closed a $72 million Series C equity and debt financing round led by Amplo. Fifth Down Capital and other investors also participated. Bridge Bank set up the debt financing.

Armis Buying Silk Security For $150 Million

By Amit Chowdhry ● Apr 17, 2024

Armis announced it has acquired Silk Security for a total of $150 million and will integrate the Silk Platform into the Armis Centrix AI-based Vulnerability Prioritization and Remediation solution to enhance its capabilities and now be able to provide security teams with a consolidated view of security findings that encompass all sources of data from on-premise devices to cloud compute, code, and application security tools, and fully manage and automate remediation.

VShift: Helping Large Organizations In Regulated Industries With Digital Transformations

By Amit Chowdhry ● Apr 17, 2024

VShift is a digital strategy, design, and technology agency for enterprise-scale brands in regulated industries. Pulse 2.0 interviewed VShift founder and CEO Al Collins to learn more about the company.

Quilt: Smart Home Climate Solution Company Secures $33 Million

By Amit Chowdhry ● Apr 17, 2024

Quilt, a smart home climate solution company, announced a $33 million Series A funding round co-led by Energy Impact Partners and Galvanize Climate Solutions. Lowercarbon Capital, Gradient Ventures, MCJ Collective, Garage Capital, Incite Ventures, and Drew Scott also participated.

Keebeck Wealth Management: An Interview With Founder And CEO Bruce K. Lee On Redefining The Investment Landscape

By Amit Chowdhry ● Apr 17, 2024

Keebeck Wealth Management is a registered independent advisory firm (RIA) focused on working with corporate executives, private business owners, entrepreneurs, & their multi-generational families. And Pulse 2.0 interviewed Keebeck Wealth Management founder and CEO Bruce K. Lee to learn more about the firm.

Collaborative Robotics: $100 Million Raised To Transform Industrial Automation

By Amit Chowdhry ● Apr 16, 2024

Collaborative Robotics (or Cobot), a leader in developing practical collaborative robots (cobots), announced it has raised $100 million in Series B funding led by General Catalyst and joined by Bison Ventures, Industry Ventures, and Lux Capital. Existing investors Sequoia Capital, Khosla Ventures, Mayo Clinic, Neo, 1984 Ventures, MVP Ventures, and Calibrate Ventures also joined in this round as well, bringing the total funding raised to over $140 million in under two years. Cobot also announced that Teresa Carlson has joined the company as an Advisor.

Modern Wealth Management Names Jason Del Col As Head of Advisory Services

By Amit Chowdhry ● Apr 16, 2024

Modern Wealth Management, a registered investment adviser (RIA) focused on meeting the evolving needs of wealth management firms, advisors, and their clients that recently surpassed over $3 billion in AUM, announced the appointment of Jason Del Col as Head of Advisory Services. Del Col will become part of the Modern Wealth executive team to lead the firm’s advisory services platform and manage its strategic evolution. Modern Wealth’s service model was built to provide clients with financial, tax, and retirement planning services and access to personalized wealth management solutions.

EdgeConneX: $1.9 Billion In Sustainability-Linked Financing Secured

By Amit Chowdhry ● Apr 16, 2024

EdgeConneX, a global Build-to-Suit and Build-to-Density Solutions leader, announced it secured an additional $1.9 billion in sustainability-linked financing to support its EMEA digital infrastructure expansion. This deal upsized EdgeConneX $2.9 billion in sustainability-linked financing (initially issued in October 2022).