Archives

Deep Fission: Interview With Founder & CEO Elizabeth Muller About The Nuclear Power Company

By Amit Chowdhry ● Jun 11, 2025

Deep Fission is a company that is reimagining nuclear power with a bold new approach: placing small modular reactors (SMRs) a mile underground for cheaper, faster, and more scalable deployment. Pulse 2.0 interviewed Deep Fission founder and CEO Elizabeth Muller to learn more about the company.

Mindgard: Interview With Co-Founder & CEO Dr. Peter Garraghan About The AI Security Testing Company

By Amit Chowdhry ● Jun 11, 2025

Mindgard is a leader in Artificial Intelligence Security Testing. Launched at Lancaster University and backed by cutting-edge research, Mindgard enables organizations to secure their AI systems from new threats that traditional application security tools cannot address. Pulse 2.0 interviewed Mindgard co-founder and CEO Dr. Peter Garraghan to learn more about the company.

Plug And Play: $50 Million Closed For Fintech & AI Fund

By Amit Chowdhry ● Jun 11, 2025

Plug and Play, which is one of the world's most active early-stage investors, announced the closing of its $50 million Fintech & AI Fund with nine institutional investors. Plug and Play runs nine funds in total.

Farsight: $16 Million Secured For Automating Financial Workflows

By Amit Chowdhry ● Jun 11, 2025

Farsight, a pioneering technology company transforming workflows and insights at financial institutions, has announced a Series A fundraise, raising $16 million in capital. This funding round was led by SignalFire, with participation from RRE Ventures, Link Ventures and K5 Ventures as well as contributions from many strategic angel investors at firms including Blackstone, Oaktree, Searchlight, Bank of America and more.

SpliceBio: $135 Million Series B Secured For Advancing Lead Program SB-007

By Amit Chowdhry ● Jun 11, 2025

SpliceBio, a clinical-stage genetic medicines company pioneering Protein Splicing to address diseases caused by mutations in large genes, announced the closing of a $135 million Series B financing co-led by new investors EQT Life Sciences and Sanofi Ventures, with participation from Roche Venture Fund, and all existing investors New Enterprise Associates, UCB Ventures, Ysios Capital, Gilde Healthcare, Novartis Venture Fund, and Asabys Partners.

Atraverse Medical: $29 Million Secured For Advancing Commercialization Of HOTWIRE

By Amit Chowdhry ● Jun 11, 2025

Atraverse Medical, a medical device company pioneering next-generation transseptal access technology, announced the closing of a $29.4 million follow-on financing to advance growth.

Wealthbox: $200 Million Secured For Advancing Financial CRM Expansion

By Amit Chowdhry ● Jun 11, 2025

Wealthbox, a CRM software platform for financial advisors, announced that it has entered into a definitive agreement for a $200 million strategic majority investment from Sixth Street Growth.

Trustible: $4.6 Million Seed Funding Raised For AI Governance Platform

By Amit Chowdhry ● Jun 11, 2025

Trustible, a leading AI governance platform that enables safe and compliant AI adoption, today announced a $4.6 million Seed Series financing round. The round was led by Lookout Ventures, with participation from the Office of Eric Schmidt, Tau Ventures, Inner Loop Capital, Alumni Ventures, FoundersX, former Deloitte CIO Larry Quinlan, former Relativity CEO Mike Gamson, and former Washington DC Mayor Adrian Fenty, alongside existing investors Harlem Capital, Vamos Ventures, and JHH VC.

Glean: $150 Million Series F Raised At $7.2 Billion Valuation For Advancing Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Glean announced it has raised $150 million in Series F funding at a $7.2 billion valuation, advancing the company's mission to transform how enterprises unlock their collective knowledge through AI. The funding round was led by Wellington Management, with participation from new investors including Khosla Ventures, Bicycle Capital, Geodesic Capital, and Archerman Capital; and existing investors including Altimeter, Capital One Ventures, Citi, Coatue, DST Global, General Catalyst, ICONIQ, IVP, Kleiner Perkins, Latitude Capital, Lightspeed Venture Partners, Sapphire Ventures, and Sequoia Capital.

Fabriq: $25 Million Raised For Advancing Lean Manufacturing Operations

By Amit Chowdhry ● Jun 11, 2025

Fabriq, the Lean Daily Management (LDM) SaaS platform that empowers frontline manufacturing teams, announced that it has closed a $25 million growth equity investment led by Expedition Growth Capital, alongside its existing investor OSS Ventures.

Harbor: Majority Investment Raised From BayPine

By Amit Chowdhry ● Jun 11, 2025

Harbor Global, a provider of consulting and technology services to the legal industry, announced that it has received a majority investment from BayPine. This private investment firm drives digital transformation in market-leading businesses. And Harbor’s initial private equity sponsor, Renovus Capital Partners, will remain a significant investor in the company, alongside the existing Harbor management team. Terms of the transaction were not disclosed.

Manex AI: €8 Million Seed Round Closed For Enabling Autonomous Factories

By Amit Chowdhry ● Jun 11, 2025

Manex AI (formerly Datagon AI), an AI-based software platform for industrial quality management and process steering, announced a €8M seed round to build the control layer for autonomous manufacturing. The funding round was led by Lightspeed Venture Partners and BlueYard Capital, with participation from Capmont Technology and the CDTM Venture Fund.

Brookfield Advancing AI Infrastructure In Sweden With SEK 95 Billion Investment

By Amit Chowdhry ● Jun 11, 2025

Brookfield Asset Management announced up to SEK 95 billion ($10 billion) of investment to support the development of artificial intelligence (“AI”) infrastructure in Sweden. This investment represents one of Brookfield’s most significant AI investments in Europe, extending the partnership with the Swedish government, its public authorities, academia, and businesses in the region.

Simetrik: $30 Million Raised For Scaling AI Reconciliation Platform

By Amit Chowdhry ● Jun 11, 2025

Simetrik, a leading AI reconciliation platform that enables enterprises to automate complex reconciliation processes, standardize financial data, and ensure compliance across millions of transactions, announced an additional $30 million investment led by Growth Equity at Goldman Sachs Alternatives. Other Series B participants include Cometa, FinTech Collective, Moore Capital Management, Monashees, and Upload Ventures.

Iron Nation: $20 Million Fundraising Goal Achieved

By Amit Chowdhry ● Jun 11, 2025

Iron Nation, an impact fund dedicated to the continuity and growth of Israeli startups, announced that it has exceeded its target to raise a $20 million fund. This milestone enables Iron Nation to invest in over twenty high-potential Israeli startups, directly contributing to the resilience of Israel's tech ecosystem and ensuring that startups can grow during and after the crisis.

Weil: Tom Ara Named Joins As Partner In U.S. Private Equity Group

By Amit Chowdhry ● Jun 11, 2025

International law firm Weil, Gotshal & Manges announced that prominent entertainment, sports, and media (ESM) dealmaker Tom Ara has joined the firm as a partner in the U.S. Private Equity Group, leading the firm’s ESM practice based in the Los Angeles office.

Sema4.ai: $25 Million Series A Extension Raised For Enterprise AI Agent Technology

By Amit Chowdhry ● Jun 11, 2025

Sema4.ai, an enterprise AI agent company, announced the general availability of its Sema4.ai Team Edition on Snowflake Marketplace. The company also revealed a $25 million Series A extension round, bringing its total Series A funding to $55.5 million. The funding round includes participation from Snowflake Ventures, Rocketship VC, MVP Ventures, and COX Enterprises, along with returning investors Mayfield and Benchmark.

Igneo Infrastructure Partners Buying Infinity Aviation

By Amit Chowdhry ● Jun 11, 2025

Igneo Infrastructure Partners (a global infrastructure investment manager with $20.5 billion in assets under management) announced it has acquired Infinity Aviation Group, a fixed-based operator (FBO) platform based in Nashua, New Hampshire. As part of the deal, Igneo has acquired a portfolio of on-airport assets at Boire Field in Nashua (KASH), a public-use general aviation airport located 50 miles from downtown Boston. The assets include hangarage, line services, and fueling operations at the airfield. The transaction terms were not disclosed.

Amperos Health: $4.2 Million Seed Funding Raised For AI Biller Platform

By Amit Chowdhry ● Jun 11, 2025

Amperos Health announced the launch of Amanda, the world's first AI biller specifically created for healthcare providers, designed to reduce denials and recover outstanding claims for revenue cycle management (RCM) teams. And Amperos has secured a $4.2 million seed funding round from top venture capital firms Uncork Capital, Neo, and Nebular, alongside strategic angel investors from OpenAI, Twilio, and Stripe, bringing its total funding to $5 million to date.

Merlin Ventures: $75 Million Inaugural Fund Closed

By Amit Chowdhry ● Jun 11, 2025

Merlin Ventures announced the closing of its oversubscribed inaugural fund, exceeding its $75 million target. And with a strong emphasis on the growing Israeli tech ecosystem, this landmark fund advances market opportunities for high-growth startups with next-generation cybersecurity technologies and disruptive cyber solutions.

Reserv: $25 Million Series B Raised For TPA Technology

By Amit Chowdhry ● Jun 11, 2025

Reserv, a tech-enabled third-party administrator (TPA), announced the completion of its $25 million Series B funding round. This oversubscribed round, led by Flourish Ventures with full pro-rata participation, also included Accenture Ventures, bringing Reserv's total funding to $55 million.

Manhattan West: Kevin Cohen Joins As Managing Director

By Amit Chowdhry ● Jun 11, 2025

Manhattan West, a modern investment firm providing a fully integrated platform of wealth management services and proprietary alternative investments, announced the appointment of Kevin Cohen as Managing Director of the firm's Late-Stage Venture Capital group. As a seasoned veteran in the secondary venture market, Cohen brings nearly two decades of experience in sourcing and executing strategic investments in high-growth private companies.

Obvio: $22 Million Secured For AI-Based Traffic Safety

By Amit Chowdhry ● Jun 11, 2025

Obvio, a company that improves traffic safety with an AI-based traffic camera solution, announced $22 million in Series A funding led by Bain Capital Ventures. Additional investors include Khosla Ventures and Pathlight Ventures.

Reddy Family And Bain Capital Form Trillium Foods

By Amit Chowdhry ● Jun 11, 2025

Trillium Foods, a liquid food and beverage company specializing in manufacturing and innovation, has announced its official launch. The family-owned, privately held company is a scale North American platform with diverse product capabilities across dressings, sauces, mayonnaises, syrups, and beverage mixes for application in foodservice, retail, and food processing channels.

Allay Therapeutics: $57.5 Million Funding Raised For Advancing ATX101

By Amit Chowdhry ● Jun 11, 2025

Allay Therapeutics, a clinical-stage biotechnology company pioneering ultra-sustained analgesic products to transform post-surgical pain management and recovery, announced the completion of a $57.5 million Series D financing round with leading global investors. Lightstone Ventures and ClavystBio co-led the Series D financing with participation by existing investors NEA, Arboretum Ventures, Vertex Growth, Vertex Ventures Healthcare, and Brandon Capital. The new investors joining the round were IPD Capital, EDBI, and SGInnovate, and HSBC Innovation Banking also provided additional venture debt financing to the company.

Blackstone Investing $500 Billion In Europe Over The Next Decade

By Amit Chowdhry ● Jun 10, 2025

Blackstone Chief Executive Officer Steve Schwarzman stated that the firm plans to invest as much as $500 billion in Europe over the next decade. Schwarzman said that this is a significant opportunity for the firm, as they are changing their approach, which would result in higher growth rates. Blackstone recently marked its 25th anniversary of operations in London.

Churchill Asset Management: $1.5 Billion Raised For Co-Investment Fund II

By Amit Chowdhry ● Jun 10, 2025

Churchill Asset Management (an investment specialist of Nuveen) announced the final closing of Churchill Co-Investment Fund II with $1.5 billion in limited partner commitments. This oversubscribed fund, which seeks to generate superior risk-adjusted returns through equity co-investments alongside private equity sponsors in U.S. middle market businesses, reached its hard cap and is nearly 3.5x the size of its predecessor fund.

Somnee: $10 Million Closed For Transforming Sleep With AI-Based Neurotech Sleep Wearables

By Amit Chowdhry ● Jun 10, 2025

Somnee – a leader in sleep technology delivering pioneering AI-powered neurotech and software – announced it has raised $10 million in a seed extension round. Somnee was launched in 2022 by renowned sleep expert, Dr. Matt Walker, PhD, and a group of scientists from the University of California, Berkeley. The funding round was led by Khosla Ventures, with participation from Marc Benioff’s TIME Ventures, LEAD VC (founded by the Adidas family), the NBA’s Orlando Magic ownership group (DeVos family), Seaside Ventures, Nelstone Ventures, and Metalab, among others.

Diginex Buying Resulticks In Deal Valued Up To $2 Billion

By Amit Chowdhry ● Jun 10, 2025

Diginex Limited, a leading provider of Sustainability RegTech solutions, announced the signing of a Memorandum of Understanding (MOU) for a cash and share acquisition of Resulticks, a leader in real-time AI-based customer engagement and data management solutions.

Scalable Capital: €155 Million Raised For Expanding Digital Investment Platform

By Amit Chowdhry ● Jun 10, 2025

Scalable Capital announced it completed a funding round, raising €155 million ($175 million). This is the company’s largest funding round to date, led by Sofina and Noteus Partners. Existing investors Balderton Capital, Tencent, and HV Capital also participated, underlining their continued confidence in the company. Investors have now invested over €470 million (over $535 million) in Scalable Capital.