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Ampersand Biomedicines, a multi-product platform company developing smarter medicines that act specifically at the site of disease and nowhere else, announced it has secured $65 million in Series B funding from investors including Ampersand’s founder, Flagship Pioneering, Eli Lilly & Company, and several additional new investors. And the company announced the advancement of two lead programs and a second discovery partnership in obesity.

Tera AI, a company that has been working stealthily on its spatial reasoning AI for the past year, announced it has raised a $7.8 million seed round co-led by Felicis and Inovia Capital, with participation from Caltech + Wilson Hill and Naval Ravikant. The company is developing a unique software-only solution to solve general-purpose navigation for autonomous hardware like robots.

Protecht Group, an Australian-based leader in governance, risk, and compliance (GRC) solutions, announced a $280 million investment from PSG Equity. This leading growth equity firm specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth.

Tabit Insurance announced the capitalization of its $40 million insurance facility, funded 100% by bitcoin (BTC), in an industry first. And the company’s regulators and auditors can verify the funding in real time, marking a distinctive and novel approach to transparency for the insurance industry.

Longview Infrastructure, a newly formed electric transmission development and investment platform, announced it has secured an equity commitment from Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets with approximately $72 billion in assets under management.

Hakimo - a leader in AI-powered physical security monitoring - announced a $10.5 million funding round and the launch of AI Operator, an autonomous security agent that monitors existing security hardware, detects threats in real time, and executes response protocols just like a human security professional. Vertex Ventures and Zigg Capital led the Series A funding round with participation from RXR Arden Digital Ventures and existing investors Defy.vc and Gokul Rajaram. And Hakimo has now raised $20.5 million, including prior funding rounds led by Neotribe Ventures and Rocketship.vc.

Upper90 Capital Management (an asset-backed private credit firm) announced the closing of an approximately $225 million credit facility for Crusoe, the industry’s first vertically integrated AI infrastructure provider. This investment will support the expansion of Crusoe Cloud, the company’s scalable cloud platform purpose-built for enterprise AI workloads.

FluidLogic is a go-to system for professional and recreational drivers in a wide range of driving classes. The company makes products to optimize your hydration that have been tested in the most demanding environments for humans who demand their absolute best performance. Pulse 2.0 interviewed FluidLogic CEO Sara Blackmer to learn more about the company.

Supira Medical - a clinical-stage Shifamed portfolio company - announced the completion of an oversubscribed Series E financing round, raising $120 million to accelerate the company's mission of transforming the percutaneous ventricular assist device (pVAD) market. The funding round was led by new investors Novo Holdings and Qatar Investment Authority (QIA), along with participation from two undisclosed strategic investors. Existing investors participated, including Cormorant Asset Management and The Capital Partnership (TCP), 415 Capital, AMED Ventures, PA MedTech VC fund, and Unorthodox Ventures.

Red Cell Partners, an incubation firm building and investing in rapidly scalable, technology-led companies that are bringing transformative advancements to market in cyber, national security, and healthcare, today announced the public launch of Hunted Labs.

​PULSETRAIN announced it has raised €6.1 million in seed financing to drive a shift in electromobility through innovation. This funding, led by Vsquared Ventures and Planet A, with participation from Climate Club, will accelerate product development as the company prepares to industrialise and scale.

Multiply Mortgage, a financial technology company making homeownership more accessible through employer benefits, announced it has raised a $23.5 million Series A funding round, led by Kleiner Perkins. A, Box Group, Mischief, and Workshop also participated, bringing the company’s total funding to $27 million.

Infinite Reality (iR), a digital media and e-commerce company with extended reality (XR), artificial intelligence (AI), and other immersive technologies, announced it has entered into a definitive agreement to acquire the iconic online music brand Napster for $207 million.

Immunic Therapeutics is a biotechnology company developing a clinical pipeline of orally administered, small molecule therapies for chronic inflammatory and autoimmune diseases. Pulse 2.0 interviewed Immunic Therapeutics CEO Dr. Daniel Vitt to learn more about the company.

Arcade, a generative AI (GenAI) marketplace where what can be dreamed can be made, today announced a $25 million Series A fundraising, bringing the total fundraise to $42 million. The Series A was raised from Laura Chau of Canaan Partners and Kirsten Green of Forerunner Ventures, with April Underwood of Adverb Ventures and Sol Bier of Factorial Funds participating. The current investors Reid Hoffman, Offline Ventures (Brit Morin), Sound Ventures (Ashton Kutcher), Inspired Capital (Alexa von Tobel), and Torch Capital (Jonathan Keidan) made new investments in this round. New angel investors Sara Beykpour, Kayvon Beykpour, Anna Veronika Dorogush, Eugenia Kuyda and Marissa Mayer joined existing angel investors Christy Turlington Burns, Colin Kaepernick, Karlie Kloss, David Luan, and Jeff Wilke.

Arkhive Digital (a female-founded Shopify enterprise agency) announced it has secured an investment led by Bambu Ventures, a firm specializing in enterprise software and solutions. And the funding will advance Arkhive's mission to redefine the Shopify enterprise commerce space and disrupt the traditional partnership models in the Shopify ecosystem.

SpangleAI announced it emerged from stealth to launch an AI-based commerce platform for retailers to maximize revenue from paid traffic. The company is backed by leading firms Madrona Ventures and Streamlined Ventures, setting a new standard for AI-driven commerce, seamlessly integrating with retailers’ existing systems to scale and optimize the post-click consumer experience.

Kaiko Systems, a leader in AI-based frontline intelligence for the maritime industry, announced a €6 million Series A funding round led by Hi inov and Flashpoint Venture Growth, with continued support from Motion Ventures. The total amount of external financing reached €9 million.

New State Capital Partners announced that it has closed on $700 million for its Fund IV, which was oversubscribed, above its target, and raised in less than six months. And since its founding, New State has raised $1.8 billion.

Dataminr, which is one of the world's leading AI companies, announced it has secured $85 million in new funding from NightDragon and HSBC through a combination of convertible financing and credit.

Evident Vascular, a medical technology company developing a best-in-class intravascular ultrasound (IVUS) platform powered by AI, announced the closing of its Series B financing. New investors Shangbay Capital and two undisclosed multinational strategics joined founding investor Vensana Capital.

​Character Biosciences, a precision medicine company transforming drug development for polygenic diseases, announced an oversubscribed $93 million Series B financing round to accelerate the advancement of its pipeline of precision therapies to treat degenerative eye diseases, starting with age-related macular degeneration (AMD). This funding round was co-led by new investors aMoon and Luma Group, with additional participation from Bausch + Lomb and Jefferson Life Sciences, alongside existing investors Innovation Endeavors, Catalio Capital Management, S32, and KdT Ventures.

​Frazier Healthcare Partners, a Seattle-based healthcare-focused private capital firm, announced a passive and minority investment from Petershill at Goldman Sachs Alternatives. The terms of the deal were undisclosed.

Keystone announced it has secured $42 million in financing from Arbor Realty Trust for its visionary 149-unit luxury apartment community at 500 West Germantown Pike, branded Monarq. This project repurposes a 175,000-square-foot office building into walkable, wellness-focused apartments, enhancing Keystone’s leadership in office-to-residential redevelopment.

Nexthop AI, a company building the next generation of artificial intelligence (AI) infrastructure for the world’s largest cloud companies, launched from stealth with $110 million in funding led by Lightspeed Venture Partners. And additional investors include Kleiner Perkins, WestBridge Capital, Battery Ventures and Emergent Ventures. This funding will accelerate the development of Nexthop AI's pioneering networking solutions for cloud and hyperscale AI clusters.

Lumber, an AI-based construction workforce management platform, announced a $15.5 million Series A funding round led by Foundation Capital, with participation from Tishman Speyer, Carbide Ventures, 8VC, Sure Ventures, and FirsthandVC.

Arlo, an AI-based health insurance underwriter for small businesses, announced $4 million in seed funding led by Upfront Ventures, with participation from 8VC and General Catalyst. 

Dyna Robotics announced a $23.5 million seed round, which was co-led by CRV and First Round Capital. The funding will be used to bring embodied AI into the real world with cost-effective and easy to deploy robots for businesses of all sizes.

Cloudera is a company that empowers people to transform complex data into clear and actionable insights. And Cloudera delivers an enterprise data cloud for any data, anywhere, from the Edge to AI. Pulse 2.0 interviewed Cloudera Field CTO and Cyber Security GTM Lead Carolyn Duby to learn more about the company.