Archives

Backslash Security: $19 Million Series A Raised For Protecting AI-Driven Software Development

By Amit Chowdhry ● Yesterday at 8:39 AM

Backslash Security has raised $19 million in Series A funding to address the fast-emerging security risks tied to AI-native software development, as enterprises increasingly adopt autonomous coding agents and large language models across their development workflows. The round was led by KOMPAS VC, with participation from Maniv and Artofin Venture Capital, as well as existing investors StageOne Ventures and First Rays Capital.

Dynamic Core Capital Partners Closes $240 Million Oversubscribed SBIC Buyout Fund

By Amit Chowdhry ● Yesterday at 8:36 AM

Dynamic Core Capital Partners, the rebranded identity of Dubin Clark, announced the closing of DC Small Business Fund, LP at $240 million, exceeding its original $200 million target. The firm’s inaugural Small Business Investment Company fund was oversubscribed, signaling strong investor demand for its lower middle market buyout strategy.

Big Health Secures $23.7 Million To Scale FDA-Cleared Treatments

By Amit Chowdhry ● Yesterday at 8:30 AM

Big Health announced it has secured $23.7 million in new strategic funding to accelerate the adoption of its FDA-cleared digital mental health treatments, as health systems increasingly integrate reimbursable digital care into routine practice. The company develops prescription digital therapeutics targeting some of the most common mental health conditions. Its flagship products, SleepioRx for insomnia disorder and DaylightRx for generalized anxiety disorder, are among just nine treatments cleared by the U.S. Food and Drug Administration in the Centers for Medicare & Medicaid Services’ newly established Digital Mental Health Treatments category.

Fidelity Launches Two Active CLO ETFs: FAAA and FCLO

By Amit Chowdhry ● Yesterday at 8:21 AM

Fidelity Investments announced the launch of two actively managed exchange-traded funds that provide investors with access to the collateralized loan obligation market: the Fidelity AAA CLO ETF (FAAA) and the Fidelity CLO ETF (FCLO). The funds are listed on the Nasdaq Stock Market and are available commission-free for individual investors and financial advisors through Fidelity’s online brokerage platforms.

Raynmaker: Interview With Co-Founder & President Garth Fasano About The Autonomous Sales Platform

By Amit Chowdhry ● Yesterday at 8:18 AM

Raynmaker provides an AI-native autonomous sales platform for small and medium-sized businesses that handles the entire sales journey—from engaging inbound leads and qualifying them to booking appointments and taking payments—using a lifelike, brand-aware voice agent 24/7. Pulse 2.0 interviewed Raynmaker co-founder and President Garth Fasano to learn more.

Praxis Group Names Tarek El Moghrabi To Lead Middle East Growth

By Amit Chowdhry ● Yesterday at 8:04 AM

Praxis has appointed Tarek El Moghrabi as Regional Head of Growth and Business Development for the GCC, as the firm looks to expand with rising demand for private wealth, corporate, and funds services in the Middle East. The appointment underscores Praxis’ long-term commitment to the region, where it has maintained an on-the-ground presence in Abu Dhabi and Dubai for roughly a decade.

Raymond James Brings In $730 Million Wealth Management Team

By Amit Chowdhry ● Yesterday at 8:01 AM

Raymond James announced it has added a six-advisor team in Wisconsin to Raymond James Financial Services, the firm’s independent advisor channel, as it continues to expand its footprint among independent practices.

LPL Financial Onboards $420 Million Sound Wealth Advisors Team

By Amit Chowdhry ● Yesterday at 7:54 AM

LPL Financial announced two financial advisors from Sound Wealth have joined the firm’s broker-dealer and Registered Investment Advisor platform, bringing an advisory practice that reported approximately $420 million in advisory, brokerage, and retirement plan assets.

TRUCE Software Closes Series B For Mobile-First AI Video Telematics Company

By Amit Chowdhry ● Yesterday at 7:52 AM

TRUCE Software has closed a Series B funding round to accelerate growth as it expands two recently launched product suites spanning commercial vehicle fleets and K-12 schools. Financial terms were not disclosed. The round was led by Yttrium, with participation from existing institutional investors Allomer Capital Group and New Amsterdam Growth Capital.

Alva Energy Launches With $33 Million Series A To Unlock 10 GWe Of U.S. Reactor Capacity

By Amit Chowdhry ● Yesterday at 7:50 AM

Alva Energy launched with $33 million in Series A funding led by Playground Global, positioning itself as a nuclear energy company focused on boosting power output from the existing U.S. reactor fleet to meet rising electricity demand from AI data centers and other industrial uses. The Cambridge, Massachusetts based startup said its approach offers a faster and lower cost path to expanding clean, firm power than building new nuclear plants, with a timeline and cost profile it argues can be competitive with gas fired generation.

OncoRes Medical Closes A$27 Million Private Round To Advance Elora QME Imaging System And U.S. FDA Pathway

By Amit Chowdhry ● Yesterday at 7:47 AM

OncoRes Medical has closed an AUD $27 million private funding round to advance clinical development and regulatory milestones for its Quantitative Micro-Elastography (QME) Imaging System, Elora, as the Perth-based medical device company builds toward U.S. entry and FDA approval.

Bearing: $4.5 Million Seed Funding Raised For Scaling On The ServiceNow AI Platform

By Amit Chowdhry ● Yesterday at 7:41 AM

Bearing, a physical security operations software company built natively on ServiceNow, has closed an oversubscribed $4.5 million seed round to support team growth and accelerate product development aimed at automating physical security workflows with ServiceNow AI Agents. The round was led by AZ-VC, with continued investment from High Alpha and participation from PHX Ventures and Lightbank.

Brigade Capital Closes $1 Billion Inaugural Private Credit Fund

By Amit Chowdhry ● Yesterday at 7:37 AM

Brigade Capital Management announced it has closed its first dedicated private credit vehicle, the Brigade Private Credit Solutions Fund, raising over $1 billion of investable capital in an oversubscribed fund backed by a range of global institutional investors.

Garden City Equity Raises $255 Million For ‘People First’ Investment Strategy

By Amit Chowdhry ● Yesterday at 7:36 AM

Garden City Equity, a people-first holding company focused on acquiring and growing family- and founder-owned businesses for the long term, said it has raised $255 million for its next tranche of investments. The firm targets lower middle-market businesses in the South and Southwest United States with up to $25 million of EBITDA.