Archives

DUPR: Pickleball Rating Company Raises $8 Million

By Amit Chowdhry ● Jan 31, 2024

DUPR (Dynamic Universal Pickleball Rating), which is pickleball's most accurate international rating system, has announced a new board, ownership, and investors, and an influx of $8 million in funding to further advance its mission to unify the fast-growing sport with innovative technology and a dynamic global rating.

AVLA: $25 Million Raised To Accelerate International Growth Strategy

By Noah Long ● Jan 31, 2024

AVLA (a global insurance group) and Creation Investments Capital Management (a leading global impact investor in emerging markets) announced Creation's participation in a $25 million equity round to support further AVLA's international growth strategy and its plans to enter the U.S. market.

Cisco: An Interview With Chief Marketing And Customer Officer Aruna Ravichandran

By Amit Chowdhry ● Jan 31, 2024

Aruna Ravichandran is an SVP and Chief Marketing and Customer Officer at Cisco, where she leverages modern B2B marketing tools and strategies to deliver quantifiable outcomes and drive global consistency while fostering innovation and collaboration. At Cisco, Ravichandran led the biggest rebrand in Webex's 25-year history centered around inclusivity and repositioned it from a legacy meetings product to a leader in collaboration. Ravichandran built and ran the Webex annual conference called WebexOne, which resulted in over 76K global registrants and over 5.2 million keynote views in 2022. Pulse 2.0 interviewed Ravichandran to learn more about her role at the company.

Travel + Leisure Buying Accor Vacation Club In $48.4 Million Deal

By Noah Long ● Jan 31, 2024

Travel + Leisure Co. - the world’s leading membership and leisure travel company - announced an agreement to acquire the vacation ownership business of global hospitality giant Accor for $48.4 million. The deal is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion.

Databricks Hires The Team At Einblick

By Amit Chowdhry ● Jan 31, 2024

Databricks announced that it has welcome the Einblick team to the company. Einblick was founded by researchers from Massachusetts Institute of Technology and Brown University, whose research explored the boundary of machine learning, human-computer interaction, and NLP. The Einblick team spent the last four years building an AI-native collaboration platform that helps users solve data problems with just one sentence.

Aim Security: $10 Million Raised To Offer Enterprises A GenAI Security Platform

By Amit Chowdhry ● Jan 31, 2024

Aim Security - an Israel-based cybersecurity startup offering enterprises a holistic one-stop shop GenAI security platform - announced $10 million in seed funding. The funding round was led by YL Ventures, with participation from CCL (Cyber Club London), the founders of WIZ, and angel investors from Google, Proofpoint, and Palo Alto Networks. Aim Security was founded by cybersecurity veterans Matan Getz, CEO, and Adir Gruss, CTO - who pioneered using and adopting AI and big data tools in the IDF’s elite intelligence Unit 8200.

Why Cardinal Health Is Buying Specialty Networks For $1.2 Billion

By Amit Chowdhry ● Jan 31, 2024

Cardinal Health announced that it has entered into a definitive agreement to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization, for $1.2 billion in cash. And Specialty Networks creates clinical and economic value for independent specialty providers and partners across multiple specialty GPOs: UroGPO, Gastrologix and GastroGPO, and United Rheumatology.

Incognia: Location Identity Solutions Company Raises $31 Million

By Amit Chowdhry ● Jan 31, 2024

Incognita - an innovator in location identity solutions - announced today that it closed $31 million in Series B funding led by Bessemer Venture Partners, with participation from FJ Labs and existing investors, including Point72 Ventures, Prosus, and Valor Capital.

Addimmune: This Company Is Laser-Focused On Ending The HIV Epidemic

By Amit Chowdhry ● Jan 31, 2024

Addimmune is a company that is changing the way that HIV is treated. With the company’s pioneering gene therapy approach, Addimmune believes HIV will no longer be a life-long sentence – but a curable illness. Pulse 2.0 interviewed Addimmune CEO Jeff Galvin to learn more about the company.

HDM Solar: Renewable Energy Product Wholesaler Raises £10.2 Million

By Dan Anderson ● Jan 30, 2024

HDM Solar - one of the UK's fastest-growing wholesalers of renewable energy products - announced a major £10.2 million funding boost led by a multi-million-pound equity investment from Angel Invest in Berlin and supported by UK-based DF Capital.

Haven Energy: Climate Tech Company Raises $7 Million

By Amit Chowdhry ● Jan 30, 2024

Haven Energy - a climate tech company that is accelerating the adoption of home battery systems - announced a total of $7 million in Series A funding. The funding round includes returning investors Lerer Hippeau, Giant Ventures, and Raven One Ventures, and new participation from Comcast Ventures, LifeX, TO VC and Habitat Partners.

Boston Micro Fabrication: 30% YoY Growth And Series D Funding Round

By Annie Baker ● Jan 30, 2024

Boston Micro Fabrication (BMF) - a leader in advanced manufacturing solutions for ultra-high precision applications - recently closed a landmark year where the company experienced 30% sales growth.

Generation Lab Raises Funding And Emerges From Stealth Mode

By Amit Chowdhry ● Jan 30, 2024

Generation Lab - a company that is extending the human healthspan with the first test based on biomedical evidence that measures an individual’s biological age progression - has officially launched today out of stealth. And the company is announcing its pre-seed funding and the opening of its test kit waitlist.

Inari: $103 Million Raised To Transform The Food System Through Positive Change

By Amit Chowdhry ● Jan 30, 2024

Inari announced the completion of a $103 million fundraise, bringing its cumulative equity raised to more than $575 million. The successful funding round signals confidence in Inari's ability to develop and commercialize higher-yielding seeds that require fewer resources, using AI-powered predictive design and multiplex gene editing.

Inoviv: Funding Raised To Expand Quantitative Proteomics Product Offerings

By Annie Baker ● Jan 30, 2024

Biomarker company Inoviv announced it has secured significant funding from venture capital firm Hoxton Ventures and leading investment manager Foresight Group to expand the delivery of highly accurate, fully quantitative targeted biomarker workflows and panels.

Enterprise Therapeutics: £26 Million Series B Follow-On Financing Raised

By Noah Long ● Jan 30, 2024

Enterprise Therapeutics - a biopharmaceutical company dedicated to the discovery and development of novel therapies to improve the lives of patients suffering from respiratory disease - announced that it has closed a £26 million ($33.1 million USD) Series B follow-on financing round, led by Panakes Partners. And existing investors Versant Ventures, Novartis Venture Fund, Forbion, Epidarex Capital and IP Group also participated.

Kore.ai: Enterprise Conversational AI Company Raises $150 Million Strategic Growth Funding

By Amit Chowdhry ● Jan 30, 2024

Kore.ai - a leader in enterprise conversational and generative AI platform technology - announced $150 million in funding. This strategic investment was led by FTV Capital, a sector-focused growth equity investor with a successful track record of over 25 years investing across enterprise technology and with participation from NVIDIA and existing investors such as Vistara Growth, Sweetwater PE, NextEquity, Nicola, and Beedie.

DirectBooks Raises Strategic Funding From Mizuho Americas

By Amit Chowdhry ● Jan 30, 2024

Mizuho Americas announced a strategic investment in DirectBooks, a leading primary markets communications platform. Through this funding, Mizuho will join the board of directors and work directly with other top-tier investment banks to enhance capital markets globally.

Cultivo: $14 Million Secured To Accelerate Investment Into Nature At Scale

By Annie Baker ● Jan 30, 2024

Cultivo announced it has raised $14 million in Series A funding to accelerate its mission to unlock investment into regenerating nature at scale through high-quality projects. This funding round, co-led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde, will speed up the business’ growth and bring Cultivo’s total funding to over $20 million.

Lyten: $4 Million Grant Secured From Department Of Energy

By Noah Long ● Jan 30, 2024

Lyten - a supermaterial applications company and leader in 3D Graphene materials - announced it has secured a $4 million grant from the U.S. Department of Energy (DoE) to accelerate the manufacturing of its advanced lithium-sulfur battery technology.

COUR Pharmaceuticals: $105 Million Raised To Develop Therapies Designed To Reprogram The Immune System

By Amit Chowdhry ● Jan 30, 2024

COUR Pharmaceuticals - a clinical-stage biotechnology company focused on the development of ﬁrst-in-class, disease-modifying therapies designed to induce antigen-speciﬁc tolerance for immune-mediated diseases - announced the closing of a Series A investment round, securing about $105 million in financing.

Walter Global Asset Management Acquires Minority Stake In Madryn Asset Management

By Amit Chowdhry ● Jan 30, 2024

Walter Global Asset Management (Walter GAM) announced that it has acquired a minority stake in Madryn Asset Management.

Compliance Risk Concepts Raises Strategic Investment From MidOcean Partners

By Noah Long ● Jan 30, 2024

Compliance Risk Concepts (CRC) - through its parent company Re-Sourcing Group - has received a significant investment from MidOcean Partners to advance its position as a valued compliance partner to the financial services industry.

Portal: $34 Million Raised To Develop Decentralized Bitcoin-Based Exchange

By Annie Baker ● Jan 30, 2024

Portal - a fintech provider advancing financial self-sovereignty with robust technology for seamless access to Bitcoin and diverse cryptocurrency markets - announced it had exited stealth mode and raised $34 million in seed funding. The investors that participated in the round include Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io, and many other high-profile fintech and crypto investors.

CollisionRight Raises Funding From Summit Partners

By Annie Baker ● Jan 30, 2024

CollisionRight - a leading consolidator of automotive collision repair shops in the US - announced a majority investment from Summit Partners, a leading growth equity investment firm. The new funding round will help support CollisionRight’s growth plan, which is focused on acquiring and operating high-quality, customer-friendly collision repair shops across the Central United States and Mid-Atlantic regions.

Codeium: $65 Million Secured For Bringing Generative AI To Software Coding

By Amit Chowdhry ● Jan 30, 2024

Codeium has announced it has raised a $65 million Series B round to help software developers supercharge their workflows with generative AI-powered capabilities. The funding round was led by Kleiner Perkins with participation from repeat investor Greenoaks and General Catalyst.

Why Rocscience Is Buying DIANA FEA

By Noah Long ● Jan 30, 2024

Rocscience (a leading geotechnical software solutions provider), in collaboration with global private equity firm TA Associates, announced the acquisition of DIANA FEA. Based in the Netherlands, DIANA specializes in developing multi-purpose Finite Element Analysis (FEA) software, reinforcing Rocscience's global commitment to advancing engineering solutions.

Carcinotech: 3D Printed Micro-Tumor Technology Company Raises $5.3 Million

By Noah Long ● Jan 30, 2024

Carcinotech announced it has raised $5.3 million of funding as the company looks to build on its traction in the UK and Europe, with US expansion planned later this year.

Boston Metal: Metals Technology Solutions Company Closes $20 Million

By Amit Chowdhry ● Jan 30, 2024

Boston Metal - a global metals technology solutions company - announced a $20 million Series C2 investment from Marunouchi Innovation Partners. This new funding round brings the series total to $282 million.

Roofer.com: Roofing Data Company Raises $7.5 Million

By Annie Baker ● Jan 30, 2024

Roofer.com - an AI-based technology company in the roofing industry - announced that it had raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub.