Archives

Franklin Templeton Completes Putnam Investments Acquisition

By Dan Anderson ● Jan 3, 2024

Franklin Resources - a global investment management organization operating as Franklin Templeton - recently announced the successful completion on January 1, 2024, of its acquisition of Putnam Investments from Great-West Lifeco. Per the terms of the deal, Great-West becomes a long-term shareholder in Franklin Resources, consistent with Great-West’s continuing commitment to asset management.

Robin AI: Legal Copilot Company Secures $26 Million

By Noah Long ● Jan 3, 2024

EIG To Buy Ocyan For $390 Million: Details

By Annie Baker ● Jan 3, 2024

EIG - a leading institutional investor in the global energy and infrastructure sectors - recently announced that it has entered into definitive agreements with Novonor S.A. and Brazilian Development Bank (BNDES) to acquire Ocyan Participações S.A., a Brazilian-based solutions provider to the offshore oil and gas industry, for a total amount of $390 million, considering $283 million for Novonor’s 100% equity interest and the remaining amount for liquidation of its outstanding balance of non-voting securities related to the company.

Luna: $50 Million In Funding And Silixa Acquisition

By Amit Chowdhry ● Jan 3, 2024

Luna Innovations - a global leader in advanced fiber optic-based technology - recently announced a $50 million investment by White Hat Capital Partners, an investment firm focused on sustainable value creation in technology companies serving mission-critical applications. The proceeds from this strategic investment were partially used to fund the acquisition of Silixa and related transaction costs in the aggregate amount of approximately $25 million.

Shield AI: Aircraft AI Pilot Company Expands Series F Funding Round To $500 Million

By Amit Chowdhry ● Jan 3, 2024

Shield AI - a defense technology company building the best AI pilot for aircraft - recently announced the expansion of their Series F funding round to $500 million. An additional $100 million in equity, raised at the Series F price, and $200 million in debt from Hercules Capital were added to the initial $200 million in equity closed in November.

Heranova Lifesciences: $13.5 Million Raised To Develop Women’s Health Solutions

By Annie Baker ● Jan 3, 2024

Heranova Lifesciences Holding Ltd. recently announced the successful completion of a $13.5 million seed and seed+ financing to develop and offer integrated Women's Health solutions worldwide. This funding round will be used to launch a series of non-invasive endometriosis tests and advance two innovative (non-hormonal and non-antibiotic) therapeutic programs for endometriosis and bacterial vaginosis.

VinFast: How This Company Plans To Make EVs Smarter And More Accessible

By Amit Chowdhry ● Jan 3, 2024

VinFast is a company that has emerged not just as an automaker but as a visionary in the realm of intelligent mobility. And the company's mission is clear: to make electric vehicles smarter and more accessible, propelling people worldwide toward a sustainable future. Pulse 2.0 interviewed Nguyen Thi Van Anh, CEO of VinFast US Manufacturing, to learn more about the company.

Sonera: Building High-Performance Sensors To Make Neural Data Accessible On A Wide Scale

By Amit Chowdhry ● Jan 3, 2024

Sonera is an early-stage startup developing high-performance sensors for non-invasive brain-computer interfaces with the goal of making neural data accessible on a wide scale. Pulse 2.0 interviewed Sonera CEO and co-founder Nishita Deka to learn more about the company.

Strada: Improving Workflow Efficiency And Automation For Creatives

By Amit Chowdhry ● Jan 3, 2024

Strada is a company that is improving workflow efficiency and automation by developing the first A.I. marketplace for creatives. The company was founded by CEO Michael Cioni. Cioni is a four-time Emmy Award winner, and he was the co-founder and CEO of the post-house Light Iron (acquired by Panavision) and served as product director for Panavision's Millennium DXL 8K camera ecosystem. As Senior Director of Global Innovation at Frame.io (an Adobe company), Cioni also led numerous workflow innovations, including the transformative Camera to Cloud technology. Pulse 2.0 interviewed Cioni to learn more about the company.

Myers Industries Buying Signature Systems For About $350 Million

By Annie Baker ● Jan 2, 2024

Myers Industries - a leading manufacturer and distributor of industrial products - announced today that it has entered into an agreement and plan of merger. Myers will acquire Signature Systems, a leader in composite ground protection solutions. These are the details.

EchoStar And DISH Network Complete Merger

By Noah Long ● Jan 2, 2024

Today, EchoStar announced the completion of its acquisition of DISH Network on December 31, 2023. To complete the acquisition, a wholly owned subsidiary of EchoStar has merged with and into DISH Network, with DISH Network surviving the merger as a wholly owned subsidiary of EchoStar.