Archives

Pelvital: Women’s Health Company Closes $2.32 Million

By Amit Chowdhry ● Apr 24, 2024

Pelvital, a leading women's health company, announced the successful closing of an additional $2.32 million in its seed-plus funding round, closing the round out $500,000 oversubscribed at $5 million. The seed plus funding will be used to expedite the commercialization of Flyte, which Pelvital's novel FDA-cleared revolutionary, accessible, and clinically proven treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles.

Salesforge: AI-Based Sales Execution Co-Pilot Company Raises Funding

By Amit Chowdhry ● Apr 24, 2024

Salesforge, an AI copilot for sales execution, announced today that it has raised $500K from BADideas.fund, Spring Capital, Fiedler Capital, and super angel Maciej Zawadzinski, accelerating the team's ambition to redefine the landscape of B2B sales.

iVEAcare: Medical Device Company Secures $27.5 Million

By Amit Chowdhry ● Apr 24, 2024

iVEAcare, a privately-held development stage Roseville, Minnesota-based medical device company, announced the closing of a $27.5 million Series A financing. The financing was led by Vensana Capital, which Treo Ventures, Hatteras Venture Partners, and an undisclosed strategic partner joined.

AccessHope: $33 Million Secured To Transform How Cancer Expertise Is Delivered

By Amit Chowdhry ● Apr 24, 2024

AccessHope, a company transforming the delivery of leading-edge cancer expertise, announced that it had raised $33 million in a Series B round of funding from the City of Hope, one of the US' largest cancer research and treatment organizations.

Auxa Health: AI-Powered Benefit Navigation Technology Company Raises $5.2 Million

By Amit Chowdhry ● Apr 24, 2024

Auxa Health, an AI-powered benefit navigation technology solution that works with payers and providers to enable consumers to access care more efficiently and effectively, announced a $5.2 million seed round led by Zeal Capital Partners. Participation came from existing investor AlleyCorp and new investors K50 Ventures, Laconia Capital Group, and Chaac Ventures.

Strattam Capital: $308 Million In Capital Commitments Closed

By Amit Chowdhry ● Apr 24, 2024

Strattam Capital, a private equity firm focused on investing in founder-led B2B technology companies, announced the closing of its third flagship fund, Strattam Capital Investment Fund III (SCIF III), with total commitments of $308 million.

Planoly To Buy Creator Monetization Company Snipfeed

By Amit Chowdhry ● Apr 24, 2024

Planoly, a leading social media management platform for creators and small businesses, announced the acquisition of Snipfeed, a popular creator monetization tool. This strategic move enhances Planoly's commitment to empowering creators to turn their passions into profitable businesses.

Rippling: Workforce Management Company Raises $200 Million At $13.5 Billion Valuation

By Amit Chowdhry ● Apr 23, 2024

Workforce management platform Rippling announced it has raised $200 million in a Series F funding round. This funding round values the company at $13.5 billion.

Curio: Nuclear Technology Company Raises $14 Million

By Amit Chowdhry ● Apr 23, 2024

Curio Legacy Ventures, a Washington, DC-based company dedicated to advancing a closed fuel cycle through innovative technologies like NuCycle, a transformative nuclear waste recycling technology, announced the successful closing of its seed round, which raised $14 million. This achievement is a significant step forward in the company's goal to establish clean nuclear power as a catalyst for global prosperity and sustainability.

Cognitus: Strategic Growth Investment Raised From Siguler Guff And Haven Capital Partners

By Amit Chowdhry ● Apr 23, 2024

Cognitus, an SAP software solutions provider and digital transformation business, announced that it has secured a growth investment from Siguler Guff & Company, a multi-strategy private markets investment firm with over $16 billion in assets under management (AUM), and Haven Capital Partners (HCP), a private investment firm focused on the technology services, healthcare, and education industries.

Main Street Invests $36.6 Million In 5 Portfolio Companies

By Amit Chowdhry ● Apr 23, 2024

Main Street Capital Corporation announced that since year-end, it has invested $36.6 million in five existing lower middle market portfolio companies: Centre Technologies Holdings, Pearl Meyer Topco, SI East, Slick Innovations, and Bolder Panther Group.

IONOS: Helping 6 Million Customers With Digitalization Efforts

By Amit Chowdhry ● Apr 23, 2024

IONOS is a leading European digitalization partner for small and medium-sized businesses (SMBs). The company serves more than six million customers and operates in 18 European and North American markets. Pulse 2.0 interviewed IONOS CTO Markus Noga to learn more.

Bristol Myers Squibb Signs $380 Million Deal With Cellares

By Amit Chowdhry ● Apr 23, 2024

Bristol Myers Squibb and Cellares, which is the first Integrated Development and Manufacturing Organization (IDMO) dedicated to clinical and industrial-scale cell therapy manufacturing, announced a worldwide capacity reservation and supply agreement for the manufacture of CAR T cell therapies valued at up to $380 million in upfront and milestone payments.

The Founders Arena Reveals Startups In The Second Annual WealthTech Accelerator

By Amit Chowdhry ● Apr 23, 2024

The Founders Arena WealthTech Accelerator, in partnership with First Rate SEI, Republic Capital Group, the City of Arlington, and the Arlington Economic Development Corporation, announced the selection of the next cohort of companies that will join its second global accelerator program beginning today.

Pomelo: $35 Million Raised To Enable International Money Movement With Consumer Credit

By Amit Chowdhry ● Apr 23, 2024

Pomelo, a consumer fintech company enabling international money movement with consumer credit, announced a Series A of $35 million in venture capital and a $75 million expansion of its warehouse facility from Vy Capital, Founders Fund, and A* Capital. This brings the total funding to $55 million in equity capital and $125m for its warehouse facility.

HighByte: Industrial Software Company Raises $12 Million

By Amit Chowdhry ● Apr 23, 2024

HighByte, an industrial software company, announced its Series A funding round led by Standard Investments, a platform investing in sophisticated growth companies at the intersection of the digital and physical worlds. Standard Investments led the funding round, which included participation from existing HighByte investors, including Exposition Ventures, Maine Venture Fund, and outstanding convertible note holders.

Casa Shares: Real Estate Investing Platform Company Raises $1.5 Million

By Amit Chowdhry ● Apr 23, 2024

Casa Shares, a qualified real estate investing platform making real estate available to everyone starting at just $100, announced it has raised $1.5 million in funding at a $10 million valuation.

Nominal: $27.5 Million Closed To Create Analysis Solutions For Industrial Engineering Teams

By Amit Chowdhry ● Apr 23, 2024

Nominal, a company focused on creating end-to-end data analysis solutions for industrial engineering teams, has emerged from stealth to provide a faster, more reliable way to review test data and validate mission-critical systems. The company raised $7.5 million in seed funding led by Lux Capital with support from Founders Fund and $20 million in their Series A led by General Catalyst. The additional investors in this round include Haystack VC, XYZ Ventures, Human Capital, Box Group, and Overmatch.

Exowatt: Next-Generation Renewable Energy Company Closes $20 Million

By Amit Chowdhry ● Apr 23, 2024

Exowatt, a next-generation renewable energy company, announced a first-of-its-kind modular energy platform designed to power energy-intensive data centers and a $20 million seed round from a16z, Atomic, and Sam Altman. With the growth of AI technology, the demand and the energy costs for data centers, Exowatt's solution arrives at a critical time.

The Sterling Group: $3.5 Billion Raised For Oversubscribed Sixth Private Equity Fund

By Amit Chowdhry ● Apr 23, 2024

The Sterling Group, an operationally focused industrial middle market private equity firm, announced the closing of Sterling Group Partners VI, LP. Fund VI exceeded its target of $2.75 billion and was significantly oversubscribed at its hard cap of $3.5 billion. Sterling's previous fund closed in June 2020 with $2 billion in limited partner commitments.

Clarity Pediatrics: Pediatric Chronic Care Company Raises $10 Million

By Amit Chowdhry ● Apr 23, 2024

Clarity Pediatrics, a digital health company reimagining pediatric chronic care, announced the expansion of its pediatric ADHD platform and $10 million in seed funding led by Rethink Impact with participation from Homebrew and Maverick Ventures. This seed funding round also included investments from January Ventures, Vamos Ventures, Alumni Ventures and Citylight VC. And these institutional investors join a renowned set of angel investors who are healthcare leaders at CityBlock, Quartet, Livongo, Headspace (Ginger), Rock Health, Solv, and more.

CN Bio: Microphysiological Systems Company Secures $21 Million

By Amit Chowdhry ● Apr 23, 2024

CN Bio, a leading provider of single- and multi-organ microphysiological systems, announced it has raised a $21 million investment in the first close of its Series B fundraising round. This funding round has been secured from several new investors, including $10 million from Bayland Capital and $5.5 million from founding shareholder CN Innovations Holdings Ltd. This investment will drive the company’s expanding product portfolio and scale the operations to support commercial expansion across key global markets.

Outpost: Semi-Truck Parking Network Company Secures $12.5 Million

By Amit Chowdhry ● Apr 23, 2024

Outpost, a leading network of managed semi-truck parking facilities, announced today that it has raised $12.5 million in Series A funding, led by GreenPoint Partners with support from Speedwagon Capital Partners. This funding will accelerate the expansion of its managed properties and technology platform.

Vantage Data Centers Receives $3 Billion Green Loan For North America Expansion

By Amit Chowdhry ● Apr 23, 2024

Vantage Data Centers, a leading global provider of hyper-scale data center campuses, announced it had secured a $3 billion green loan from a bank syndicate led by structuring bank Wells Fargo Securities and joint book-runners TD Securities, Trust Securities, and Scotiabank to fund the ongoing development of its North America data center platform.

The AmeriFlex Group Surpasses $11.5 Billion In Client Assets

By Amit Chowdhry ● Apr 23, 2024

The AmeriFlex Group, a rapidly growing, advisor-owned hybrid RIA that prioritizes financial planning, recently announced it has surpassed $11.5 billion in total client assets. For the first quarter alone, the firm grew its assets under administration (AUA) by 17%, representing $1.9 billion.

Crosslink Capital: Ventures X Launched With $350 Million In Commitments

By Amit Chowdhry ● Apr 23, 2024

Today, Crosslink Capital announced the closing of its tenth flagship venture capital fund, Crosslink Ventures X, aimed at backing early-stage entrepreneurs. The new fund, which includes support from new and existing investors, closed with $350 million of capital commitments. And the firm’s previous venture fund was also capitalized at $350 million in January 2021.

The Stephens Group Invests In VisionSafe

By Amit Chowdhry ● Apr 23, 2024

The Stephens Group announced it has completed a significant strategic investment in VisionSafe designed to accelerate the business' growth. This funding highlights Stephens Group’s interest in supporting businesses providing highly engineered, mission-critical systems and components for aerospace and defense applications.

How Georgia Tech And NVIDIA Are Helping Students Gain AI Supercomputer Experience

By Amit Chowdhry ● Apr 23, 2024

USC: Study Utilizes AI For Predicting Risk Of Bedsores In Hospitalized Patients

By Amit Chowdhry ● Apr 22, 2024

Researchers at USC, Johns Hopkins University, and University Hospitals Cleveland Medical Center partnered to utilize machine learning (ML) techniques to develop a new model to predict future risk of pressure injuries and better direct labor-intensive patient care.

HappySignals: IT Experience Management Company Closes €12 Million In Funding

By Amit Chowdhry ● Apr 22, 2024

HappySignals—a Finland-based human-centric IT experience management (ITXM) company—announced it has raised €12 million from the MAM Growth Equity strategy. This investment, which included participation from the company’s current investors, Nauta Capital and Vendep Capital, is the second for the MAM Growth Equity II fund.