Archives

Churnkey: Subscription Retention Automation Company Raises $1.5 Million

By Amit Chowdhry ● Apr 30, 2024

Churnkey, a leading provider of subscription retention automation software, announced it raised $1.5 million from CreativeCo to accelerate its growth.

RevenueCat: Subscription Management Platform Company Secures $12 Million

By Amit Chowdhry ● Apr 30, 2024

RevenueCat CEO Jacob Eiting revealed that the company has raised $12 million in funding, led by Adjacent. Other investors who joined the round include Y Combinator, Index Ventures, Volo Ventures, and SaaStr Fund. Nico Wittenborn of Adjacent will join the board. RevenueCat had raised $56 million before this funding round, bringing its total to over $68 million.

Moso: Shop-To-Earn Platform Company Raises $2 Million

By Amit Chowdhry ● Apr 29, 2024

Moso, a shop-to-earn platform that seamlessly merges online shopping with cryptocurrency, announced the successful completion of its $2 million seed funding round. This funding round attracted investment from prominent backers like Symbolic Capital, Dao5, Coinlist, Polygon Ventures, and several strategic angels.

Lear Acquires WIP Industrial Automation To Enhance AI Capabilities

By Amit Chowdhry ● Apr 29, 2024

Lear Corporation, a global leader in auto technology in Seating and E-Systems, today announced that it has entered into a definitive agreement to buy WIP Industrial Automation, a privately held systems integrator based in Spain that specializes in advanced automation solutions for industrial applications.

Wheelhouse: Minority Investment Raised From Alignment Growth

By Amit Chowdhry ● Apr 29, 2024

Wheelhouse, an independent content and talent platform, announced its first outside capital raise. The funding round was led by investment firm Alignment Growth and will enable Wheelhouse to build an infrastructure that brings in industry-leading talent and accelerates growth via strategic acquisitions. As part of the deal, Alignment Growth Partner Jeff Bewkes joins the Wheelhouse Board of Directors.

Movement Labs: Blockchain Development Company Raises $38 Million

By Amit Chowdhry ● Apr 29, 2024

Movement Labs, a blockchain development team, announced it has secured $38 million in a Series A financing round led by Polychain Capital. The funding round will support the company's mission to bring Facebook's Move Virtual Machine to Ethereum, address smart contract vulnerabilities, and enhance transaction throughput.

Private Equity Firm Borgman Capital Acquiring Buck Bone Organics

By Amit Chowdhry ● Apr 29, 2024

Planera: Making CPM Scheduling In The Construction Industry Easier For A $15 Billion Market

By Amit Chowdhry ● Apr 29, 2024

Planera is a company that is making critical path method (CPM) scheduling easy for the construction industry with a collaborative and visual whiteboard. Pulse 2.0 interviewed Planera CEO and co-founder Nitin Bhandari to learn more about the company.

Jump: Helping Wealth Managers Stay Compliant In A $1+ Billion Market

By Amit Chowdhry ● Apr 29, 2024

Jump is a company that uses AI to help wealth managers automatically take notes, stay compliant, and update their CRM. Pulse 2.0 interviewed Jump co-founder and chief operating officer (COO) Tim Chaves to learn more about the company.

SmarterDx: Providing A Lifeline For Health Systems Struggling To Remain Viable In A $2 Billion Market

By Amit Chowdhry ● Apr 29, 2024

SmarterDx is a clinical AI company that discovers, delivers, and drives better quality, revenue, and care. The company uses AI to understand each patient's journey, helping hospitals close their revenue integrity differential gap. Pulse 2.0 interviewed SmarterDx CEO and co-founder Michael Gao, MD, to learn more about the company.

Upfort: Simplifying The Management And Insurance Of Cyber Risks

By Amit Chowdhry ● Apr 29, 2024

Upfort is a company that unifies award-winning security and robust cyber insurance to deliver comprehensive cyber risk solutions. Pulse 2.0 interviewed Upfort CEO and co-founder Xing Xin to learn more about the company.

Cerevance: $47 Million Closed To Develop Precision Novel Therapeutics For Central Nervous System Diseases

By Amit Chowdhry ● Apr 29, 2024

Cerevance, a company focused on developing precision novel therapeutics for central nervous system (CNS) diseases, announced an initial closing of its Series B-1 Extension financing round that will add $47 million to the $51 million previously raised, bringing the total Series B-1 raise to $98 million.

PinkDx: $40 Million Secured To Impact The Health Of Women

By Amit Chowdhry ● Apr 29, 2024

PinkDx, an early-stage company focused on positively impacting the health of women throughout their life journey, has launched with $40 million in Series A funding. The funding was co-led by Catalio Capital Management, LP, and The Production Board. And other investors include Mountain Group Partners, Byers Capital and Mayo Clinic.

neurocare: Personalized Mental Healthcare Company Secures €16 Million

By Amit Chowdhry ● Apr 29, 2024

TVM Capital Healthcare, a specialist healthcare private equity firm based in Dubai and Singapore, announced a €16 million investment into Munich-headquartered neurocare, which is a leading innovator in personalized mental health care that is offering solutions to empower clinicians to deliver the best care to their patients.

Treefera: AI-Enabled Data Management Company Raises $12 Million

By Amit Chowdhry ● Apr 29, 2024

Treefera, an AI-enabled data management platform focused on bringing transparency and accuracy to nature-based asset reporting like carbon credits and supply chain sustainability, announced a $12 million Series A funding round led by AlbionVC. This funding round comes only seven months after the announcement of the company’s $2.2 million pre-seed funding round.

CARV: Gaming And AI Data Layer Company Closes $10 Million

By Amit Chowdhry ● Apr 29, 2024

CARV, a modular data layer for gaming and AI, announced a $10 million Series A funding round on the heels of its recent strategic funding round. With this new funding round from industry leaders, CARV will double down on building the most significant modular data layer for gaming and AI, maximizing data innovation.

Log10: $7.2 Million Closed To Help Developers Build LLM-Powered Applications

By Amit Chowdhry ● Apr 29, 2024

Log10, a company proven to help developers build and scale more accurate LLM-powered applications, announced it has raised $7.2 million in seed funding. The seed funding round was led by TQ Ventures and Quiet Capital with participation from Essence Venture Capital.

Transcripta Bio: $10 Million Raised To Speed Up Drug Discovery With Lower Risk

By Amit Chowdhry ● Apr 29, 2024

Transcripta Bio, a company focused on drug discovery at unprecedented speed and scale, with lower risk and higher certainty across multiple diseases in parallel, announced its launch with $10 million in funding.

UserHub: $3.2 Million Closed To Help SaaS Companies With Monetization Capabilities

By Amit Chowdhry ● Apr 29, 2024

UserHub, a startup that wants to make modern and scalable monetization capabilities attainable for software businesses of all sizes, announced it raised $3.2 million in funding. This funding round was led by Berlin-based venture capital company 468 Capital. And other notable investors include Plaid founder Zach Perret’s Mischief Capital, Tokyo Black, GTMfund, Lorimer Ventures, Nomad Cap, and Alumni Ventures.

Growcer: $3 Million Secured To Help Grow Food With Modular Vertical Farms

By Amit Chowdhry ● Apr 29, 2024

The Growcer, a Canadian company enabling anyone to grow food year-round with its modular vertical farms, announced it raised $3 million to accelerate its strong growth. This funding round was led by strategic investors Modern Niagara, Jeff Westeinde, and former Farm Boy Co-CEO Jeff York.

Decarbonization Partners: $1.4 Billion Closed For Partners Fund I

By Amit Chowdhry ● Apr 29, 2024

Decarbonization Partners, a partnership between BlackRock and Temasek focused on investing in next-generation companies that support the acceleration of decarbonization and the transition to a net-zero economy, announced the final closing of $1.4 billion for its inaugural late-stage venture capital and growth private equity investment fund, The Decarbonization Partners Fund I. This surpasses the fundraising target of $1 billion.

Blackstone Buying Tropical Smoothie Cafe From Levine Leichtman Capital Partners

By Amit Chowdhry ● Apr 28, 2024

Blackstone announced this week that its private equity funds, managed by the firm, have entered into a definitive agreement to acquire Tropical Smoothie Cafe, a leading franchisor of fast-casual restaurants, from Levine Leichtman Capital Partners.

Yoneda Labs: $4 Million Secured To Help Chemists Build Foundational Models

By Amit Chowdhry ● Apr 28, 2024

Yoneda Labs, a company that went through the Y Combinator startup accelerator and is building a foundation model for chemists working in drug discovery, announced it has raised $4 million in seed capital from Khosla Ventures, 500 Emerging Europe, 468 Capital, Fellows Fund, and Y Combinator.

Automation Anywhere: Tim McDonough Named As Chief Marketing Officer

By Amit Chowdhry ● Apr 28, 2024

Automation Anywhere, an AI-powered automation solutions leader, announced that AI marketing veteran Tim McDonough has joined the company as chief marketing officer (CMO). McDonough, who has over two decades of experience driving growth across startups and Fortune 100 companies, will shape and lead Automation Anywhere's global brand and growth strategies and go-to-market functions.

ThreatLocker: Zero Trust Endpoint Security Solution Company Raises $115 Million

By Amit Chowdhry ● Apr 28, 2024

ThreatLocker, a global cybersecurity leader offering a Zero Trust endpoint security solution, announced it has raised $115 million in Series D funding led by existing investor General Atlantic with participation from other significant investors StepStone Group and the D. E. Shaw group.

Vixtra: Importer Credit Company Raises $36 Million

By Amit Chowdhry ● Apr 28, 2024

Vixtra, a fintech company that specializes in providing credit for importers and the only company in the market that enables merchandise in transit to be used as credit collateral, has secured $30 million through a debit facility with asset managers like Capitânia, Verde, Credit Saison, and Contea. Along with the funding round, the company also received a new investment of $6 million in a seed extension, bringing the total raised to $36 million.

Tines: Workflow Platform Company Raises $50 Million

By Amit Chowdhry ● Apr 28, 2024

Tines, a leader in secure workflows, announced $50 million in a new round of funding as an extension to its Series B funding round, which was led by Accel and Felicis and participated in by Addition, CrowdStrike Falcon Fund, and SVCI, all pre-existing investors in the company. This funding round brought the total capital raised by Tines to date to $146.2 million.

Aropha: $1 Million Raised To Transform Biodegradable Material Testing Using AI And Lab Automation

By Amit Chowdhry ● Apr 28, 2024

Aropha, a leading lab focused on enhancing biodegradable material discovery and testing through lab automation and AI predictive modeling, announced that it has raised $1 million in a Series Seed funding round. Comeback Capital led the round, which also included Lightbank and Right Side Capital Management (RSCM).

BforeAI: Predictive Security Company Closes $15 Million In Funding

By Amit Chowdhry ● Apr 28, 2024

BforeAI, a predictive security pioneer, announced $15 million in Series A funding led by SYN Ventures, with renewed participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City.

MARKT-PILOT: $43 Million Secured To Optimize The Machine Manufacturing Spare Parts Business

By Amit Chowdhry ● Apr 28, 2024

MARKT-PILOT announced the completion of one of Europe's largest Series A funding rounds, led by global software investor Insight Partners with participation from existing investor Capnamic. The company will use the funding further to expand its business in Europe and the US, solidifying its position as a global player in the manufacturing market.