Archives

HTwenty: How This Firm Is Helping Latinx Entrepreneurs Succeed

By Amit Chowdhry ● May 9, 2024

HTwenty is a cross-border venture capital fund specializing in FinTech, marketplaces, and software startups, mostly in the B2B space, in the US and Latin America. Pulse 2.0 interviewed HTwenty co-founder and managing partner Daniel Lloreda to learn more about the company.

Mimic: Ransomware Defense Company Raises $27 Million

By Amit Chowdhry ● May 9, 2024

Mimic, a ransomware defense company, announced that it has emerged from stealth and that it has secured a seed round of funding of $27 million led by Ballistic Ventures, with investment from Menlo Ventures, Team8, Wing Venture Capital and Shield Capital.

Palm Beach Capital: Over $350 Million Raised For Sixth Fund

By Amit Chowdhry ● May 9, 2024

Middle market private equity firm Palm Beach Capital announced that it has closed Palm Beach Capital Fund VI, L.P., which is its sixth private equity fund dedicated to partnering with founders, business owners, and management teams in key sector focus areas. Fund VI surpassed $350 million, significantly surpassing its target of $275 million.

EnviroSpark: EV Charging Company Raises $50 Million

By Amit Chowdhry ● May 9, 2024

Electric vehicle (EV) charging company EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners LLP, a leading mid-market infrastructure equity investment firm focusing on investments in Europe and North America.

Clifford Chance: Todd Lowther Named As Partner In Houston

By Amit Chowdhry ● May 9, 2024

Clifford Chance announced it has hired Todd Lowther as a partner in its US Tax practice. This move is part of the continuing expansion of its US Energy & Infrastructure practice and the growth of its Houston office. Lowther offers significant energy sector taxation experience, further strengthening the firm's global tax offering to clients.

White & Case: Eriko Sakata Named As Partner In Tokyo

By Amit Chowdhry ● May 9, 2024

White & Case LLP announced it has added funds partner Eriko Sakata in Tokyo. Sakata is an investment funds partner with additional expertise in real estate, infrastructure, financial regulation, and structured finance.

LayerX: Browser Security Platform Company Secures $26 Million

By Amit Chowdhry ● May 9, 2024

LayerX, the innovator behind the LayerX Browser Security platform, announced $26 million in Series A funding led by Glilot+ (the early-growth fund of Glilot Capital Partners), with participation from Dell Technologies Capital and other investors. In connection with the funding round, Lior Litwak, Managing Partner at Glilot Capital and Head of Glilot+, and Yair Snir, Managing Partner at Dell Technologies Capital, will join the LayerX board.

Transcarent: Health And Care Platform Company Closes $126 Million At $2.2 Billion Valuation

By Amit Chowdhry ● May 9, 2024

Transcarent has announced a $126 million Series D investment led by General Catalyst and 7wireVentures. New investors Geodesic Capital and Memorial Hermann Health System join the group, which also has support from previous investors Threshold Ventures, Kinnevik, Ally Bridge Group, Human Capital, Merck Global Health Innovation Fund, Alta Partners, and Leaps by Bayer.

Karius: Genomic Diagnostics Company Secures $100 Million

By Amit Chowdhry ● May 9, 2024

Karius, a leader in genomic diagnostics for infectious disease, announced it has secured $100 million in Series C funding. The funding round was co-led by Khosla Ventures and new investors 5AM Ventures and Gilde Healthcare. Also joining this round were new investor Seventure Partners and existing investors Softbank Vision Fund 2, General Catalyst, HBM Healthcare Investments, Blue Water Life Sciences, Innovation Endeavors, Waycross Ventures, and others.

AISAP: Point Of Care Assisted Diagnosis Company Secures $13 Million

By Amit Chowdhry ● May 9, 2024

AISAP—a company that built an AI-powered Point Of Care Assisted Diagnosis (POCAD) solution that is transforming the medical ultrasound industry—announced its seed funding round. The company secured $13 million, led by Harel Insurance Investments & Financial Services Ltd. and Shoni Top Ventures, L.P.

Livara Health: Valued-Based Musculoskeletal Management Company Raises $15 Million

By Amit Chowdhry ● May 9, 2024

Livara Health, a value-based musculoskeletal (MSK) management leader, announced that it has raised $15 million in Series B funding. The round was led by A1 Health Ventures and included existing investors Polaris Partners, Providence Ventures, Martin Ventures, and a new strategic investor.

Latus Bio: Patient-Centric And Product-Oriented Gene Therapy Company Raises $54 Million

By Amit Chowdhry ● May 9, 2024

Latus Bio, a biotechnology company developing novel gene therapy candidates for disorders of the central nervous system (CNS), announced its launch and an initial closing of $54 million in Series A funding. 8VC and DCVC Bio are leading the funding round. So far, Samsung Life Science Fund (created by Samsung C&T, Samsung Biologics, Samsung Bioepis, and Samsung Venture Investment Corporation), The Children’s Hospital of Philadelphia Foundation, Benjamin Franklin Technology Partners, Modi Ventures, and Gaingels have joined as syndicate partners.

Aikido: Security Platform Company Raises $17 Million

By Amit Chowdhry ● May 9, 2024

Aikido, a no BS security platform for developers and SMEs, announced it has raised $17 million in Series A funding led by Singular.vc, with participation from Notion Capital and Connect Ventures. This funding round comes six months after Aikido raised $5.3 million in seed funding, making it the fastest-capitalized startup in Belgian history.

Dentons: Jason Brooks Added To Papua New Guinea Office

By Amit Chowdhry ● May 9, 2024

Dentons announced it has welcomed Partner Jason Brooks to its Litigation team in Papua New Guinea (PNG). Brooks is an experienced commercial litigation lawyer who specializes in all aspects of litigation, including judicial review, tax litigation, customs litigation, employment law, and regulatory and advisory work.

LottieFiles: Strategic Investment Raised From Webflow And Figma Ventures

By Amit Chowdhry ● May 9, 2024

Animation design platform LottieFiles announced a strategic investment from Figma Ventures and Webflow Ventures. And the current list of LottieFiles investors includes Adobe Fund for Design, Microsoft Ventures, Automattic, Square Peg Capital, and other renowned names. So far, the company has raised over $47 million and has over 9 million users and 280,000+ teams using its motion design platform.

Rippl Buys AI Healthcare Company Kinto

By Amit Chowdhry ● May 9, 2024

Rippl, a leading dementia-focused specialty care provider, announced it had acquired Kinto - a Boston-based AI-enabled dementia caregiver support platform. This combination will enable the companies to reach an exponentially larger group of people living with dementia and their caregivers with human-centered care far beyond traditional brick-and-mortar models.

Altruist: $169 Million Raised To Create New Standards For Wealth Management

By Amit Chowdhry ● May 8, 2024

Altruist, a modern custodian built for RIAs, announced a $169 million Series E funding round led by ICONIQ Growth with participation from new investor Granite Capital Management and continued support from existing investors Adams Street Partners and Sound Ventures. The new funding round brings the company’s total funding to over $450M and values the company north of $1.5B. In connection with the funding round, Yoonkee Sull, General Partner at ICONIQ Growth, will join the board of directors.

Greystar: $1.9 Billion Final Closing For Equity Partners XI Fund

By Amit Chowdhry ● May 8, 2024

Greystar Real Estate Partners, a global leader in the investment, development, and management of residential real estate, announced on behalf of its affiliates the final closing of Greystar Equity Partners XI (GEP XI), which had aggregate equity commitments of $1.9 billion.

Volta: Digital Asset Operations Management Company Raises $4.1 Million

By Amit Chowdhry ● May 8, 2024

Volta is a company that is transforming the digital asset industry with the introduction of Volta Circuit, a multi-signature, non-custodial platform that has secured $4.1 million in seed funding from Fika Ventures, and Haven Ventures, along with support from Soma Capital, Dispersion Capital, and Uphonest Capital. The platform has set a benchmark as the new standard for smart wallet infrastructure, offering the fastest, easiest, and most secure solution for self-custody.

Maia Farms: $2.3 Million Raised To Transform Global Protein Supply With Mycelium

By Amit Chowdhry ● May 8, 2024

Maia Farms, a company focused on transforming the global protein supply with mycelium, announced the successful closure of its pre-seed funding round. Maia Farms raised over $2 million between private capital and matching grant funding. This marks a significant milestone in the company's mission to provide globally accessible and superior protein sources.

Legion: Workforce Management Company Secures $50 Million

By Amit Chowdhry ● May 8, 2024

Workforce management (WFM) company Legion Technologies announced it has raised $50 million in a growth funding round led by Riverwood Capital. There was also strategic participation from existing investors, including Norwest, Stripes, Webb Investment Network, and XYZ.

Dentons: Raphael Tachie Named As Partner In Trusts, Estates And Wealth Preservation Group

By Amit Chowdhry ● May 8, 2024

LPL Financial: Acquisition Of Crown Capital Securities Closed

By Amit Chowdhry ● May 8, 2024

LPL Financial announced it has closed its acquisition of Crown Capital Securities, L.P., a full-service broker-dealer and registered investment advisor (RIA) based in Orange County, California.

Stormfield Capital: $1.25 Billion In Loan Originations Achieved

By Amit Chowdhry ● May 8, 2024

Stormfield Capital, an institutional private credit manager with expertise in lower middle-market commercial real estate bridge lending, announced that it funded more than $1.25 billion in proprietary loan originations.

Eleos: Digital Life Insurance Provider Company Raises $4 Million

By Amit Chowdhry ● May 8, 2024

Eleos announced it had raised a venture capital investment of $4 million in a seed round led by Fuel Ventures and Indico Capital, which comes just six months after the competition of a pre-seed round.

HighVista Strategies: Private Equity Fund X Closed At $675 Million

By Amit Chowdhry ● May 8, 2024

HighVista Strategies, an alternative asset manager pursuing specialized investments in public and private markets, announced the final closing of HighVista Private Equity X, LP. This fund closed on $675 million of commitments, including a sizeable GP commitment and other affiliated capital. In addition to welcoming several new investors into the program, HighVista Private Equity X had received strong support from a broad group of longstanding investors, including pension funds, endowments, foundations, and family offices.

Private Advisor Group Brings In $90 Million Advisor

By Amit Chowdhry ● May 8, 2024

Private Advisor Group, one of the largest/fastest-growing independent wealth management firms, has welcomed Ethan Campbell (Wealth Advisor of Stones River Wealth Management) to its community of advisors. Based in Woodbury, Tennesse, team members include Collin Reed (Wealth Advisor) and Alana Hale (Office Administrator). The firm takes a holistic approach to financial planning and currently oversees a reported $90 million in client assets under management.

LPL Financial Brings In $200 Million Journey Financial Team

By Amit Chowdhry ● May 8, 2024

LPL Financial announced that financial advisors Timothy Heisterkamp, CFP, and Max Neese, CFP have joined LPL Financial’s broker-dealer, RIA and custodial platforms. And they reported serving approximately $200 million in advisory, brokerage and retirement plan assets, and join LPL from Cambridge.

SpuceID: Enabling Users To Control Their Data Across All Digital Interactions

By Amit Chowdhry ● May 8, 2024

SpruceID is a company building a future where users own their identity and data across all digital interactions. And the company's open-source credentialing infrastructure is standards-compliant, production-ready, and extensible to enterprise and government IT systems. Pulse 2.0 interviewed SpruceID co-founder and CEO Wayne Chang to learn more about the company.

Latticework Capital Management: LCM Healthcare Fund II Closed At Over $345 Million

By Amit Chowdhry ● May 8, 2024

Latticework Capital Management (LCM), a growth-oriented private equity firm focused exclusively on making control equity investments in the healthcare industry, announced the final closing of LCM Healthcare Fund II. With total commitments of $345 million, Fund II exceeded the $275 million target. And it added a diverse group of global investors, including leading endowments, family offices, and funds of funds.

Archives

HTwenty: How This Firm Is Helping Latinx Entrepreneurs Succeed

Mimic: Ransomware Defense Company Raises $27 Million

Palm Beach Capital: Over $350 Million Raised For Sixth Fund

EnviroSpark: EV Charging Company Raises $50 Million

Clifford Chance: Todd Lowther Named As Partner In Houston

White & Case: Eriko Sakata Named As Partner In Tokyo

LayerX: Browser Security Platform Company Secures $26 Million

Transcarent: Health And Care Platform Company Closes $126 Million At $2.2 Billion Valuation

Karius: Genomic Diagnostics Company Secures $100 Million

AISAP: Point Of Care Assisted Diagnosis Company Secures $13 Million

Livara Health: Valued-Based Musculoskeletal Management Company Raises $15 Million

Latus Bio: Patient-Centric And Product-Oriented Gene Therapy Company Raises $54 Million

Aikido: Security Platform Company Raises $17 Million

Dentons: Jason Brooks Added To Papua New Guinea Office

LottieFiles: Strategic Investment Raised From Webflow And Figma Ventures

Rippl Buys AI Healthcare Company Kinto

Altruist: $169 Million Raised To Create New Standards For Wealth Management

Greystar: $1.9 Billion Final Closing For Equity Partners XI Fund

Volta: Digital Asset Operations Management Company Raises $4.1 Million

Maia Farms: $2.3 Million Raised To Transform Global Protein Supply With Mycelium

​​Legion: Workforce Management Company Secures $50 Million

Dentons: Raphael Tachie Named As Partner In Trusts, Estates And Wealth Preservation Group

LPL Financial: Acquisition Of Crown Capital Securities Closed

Stormfield Capital: $1.25 Billion In Loan Originations Achieved

Eleos: Digital Life Insurance Provider Company Raises $4 Million

HighVista Strategies: Private Equity Fund X Closed At $675 Million

Private Advisor Group Brings In $90 Million Advisor

LPL Financial Brings In $200 Million Journey Financial Team

SpuceID: Enabling Users To Control Their Data Across All Digital Interactions

Latticework Capital Management: LCM Healthcare Fund II Closed At Over $345 Million

Legion: Workforce Management Company Secures $50 Million