Archives

257: $9.2 Million (Seed) Secured For Transforming Residential Energy Market Using Data And AI

By Amit Chowdhry ● Mar 19, 2025

257 - a software and AI company with a vision to reshape the massive residential energy market - announced a $9.2 million seed funding round to transform how energy product and service providers analyze and engage with consumers. The funding round was led by longtime partner F2 Venture Capital and top energy and AI angels, including Mike Fallquist (Founder & CEO of Crius Energy, Co-Founder & CEO of Energywell), Jeff Hammerbacher (founder and co-CEO of Open Athena, founder of Cloudera, original Facebook data team manager), Otto von Troschke (a European growth capital investor focusing on the energy transition, co-founder of SUSI), and Gil Golan (former GM CTO and head of GM Ventures).

Dentons Combining With Griffiths & Partners In Turks and Caicos And Pisut In Thailand

By Amit Chowdhry ● Mar 19, 2025

Dentons announced its intention to combine with a couple of law firms. This includes Griffiths & Partners in Turks and Caicos Islands and Pisut in Thailand.

Clario Buying Imaging Analysis Company NeuroRx

By Amit Chowdhry ● Mar 19, 2025

Clario - a leading provider of endpoint data solutions to the clinical trial industry - announced they have acquired NeuroRx, a leader in imaging analysis with expertise in multiple sclerosis.

Telesis Bio: $21 Million Raised For Accelerating Adoption Of Gibson SOLA Technology

By Amit Chowdhry ● Mar 19, 2025

Telesis Bio, a provider of DNA and mRNA synthesis solutions to accelerate therapeutic discovery with fast and flexible on-site automated foundries, announced that it has entered into a convertible preferred stock purchase agreement to sell shares of a new series of convertible preferred stock in a private placement. The financing was led by Novalis LifeSciences and Northpond Ventures and is expected to result in gross proceeds to the company of up to about $21 million.

Merit Buys $1.6 Billion Firm Sanctuary Wealth Management

By Amit Chowdhry ● Mar 19, 2025

Merit Financial Advisors, a Georgia-based financial advisory firm specializing in financial planning and wealth management solutions for high-net-worth individuals, families, and those navigating life transitions, announced it has acquired Sanctuary Wealth Management and Fiduciary Services (FS). This deal enables Merit to establish a presence in Idaho and grow its assets collectively by $1.6 billion.

TPG: Jennifer Chu Named As Chief Legal Officer And General Counsel

By Amit Chowdhry ● Mar 19, 2025

Global alternative asset management firm announced that Jennifer Chu has been named as a Partner, Chief Legal Officer, and General Counsel of TPG, effective March 31. Chu will be succeeding Bradford Berenson, who will continue at TPG for a period of time as a Senior Advisor before retiring from the firm at year-end.

Cenosco: Growth Investment Raised For Asset Integrity Management Platform

By Amit Chowdhry ● Mar 19, 2025

Cenosco, a leading asset integrity management (AIM) software provider, announced a growth investment led by Summit Partners, with participation from existing investor Fortino Capital. This partnership will help accelerate Cenosco’s continued product innovation, international expansion, and team growth.

Curinos And University Of Washington Relaunching FinTech Incubator At Startup Hall

By Amit Chowdhry ● Mar 19, 2025

Curinos, a global data intelligence business combining expertise, insights, and analytics to help leading financial institutions grow their businesses, announced a new partnership with CoMotion, the collaborative innovation hub at the University of Washington, to relaunch its FinTech Incubator.

Myriad Venture Partners: Interview With Founder & Managing Partner Chris Fisher About The Early-Stage Venture Firm

By Amit Chowdhry ● Mar 19, 2025

Myriad Venture Partners is an early-stage venture firm defining the future of business solutions. Pulse 2.0 interviewed Myriad Venture Partners founder and managing partner Chris Fisher to learn more about the firm.

Bread & Butter Ventures: $40 Million Fund IV Announced For Investing In Seed-Stage Startups

By Amit Chowdhry ● Mar 19, 2025

Bread & Butter Ventures - an early-stage venture firm based in the bread and butter state of Minnesota, announced the closing of its fourth fund with a new $40 million vehicle. And their latest fund - which has already begun making investments - targets innovative seed-stage tech companies across North America that are shaping the future of food technology, digital health, and enterprise SaaS. Bread & Butter Ventures has invested in 66 companies across these sectors via their first three funds since 2017.

Coreshell: $24 Million Raised For Scaling Cell Production And Deliver Next-Generation EV Batteries

By Amit Chowdhry ● Mar 19, 2025

Battery technology company Coreshell announced $24million in strategic funding aimed at scaling production of its 60 Ah battery cells made with 100% domestically-sourced metallurgical silicon (MG-Si). The funding round was anchored by Coreshell's strategic partner Ferroglobe, a leader in the production of Silicon and Ferroalloys, and Zeon Ventures. And additional financial and returning investors include Lane Ventures, Entrada Ventures, Foothill Ventures, Helios Climate Ventures, Translink Investment, Trousdale Ventures, and Asymmetry Ventures.

brain.space: $11 Million (Series A) Closed To Accelerate Brain Data-Driven Mental Modeling

By Amit Chowdhry ● Mar 19, 2025

brain.space, the creator of the first-ever Brain-Data-as-a-Service Ecosystem for exclusive Generative AI Mental Modeling that better understands and predicts human behavior, announced an $11 million Series A Funding Round led by Toyota Ventures, with significant participation by Mangrove Capital Partners, The Group Ventures, and a $3.5 million non-dilutive Grant by the Israel Innovation Authority.

Equipt.ai: $3.2 Million (Seed) Funding Secured For Accelerating AI-Based Growth In Asset & Field Service Management

By Amit Chowdhry ● Mar 19, 2025

Equipt, a software company transforming asset and field service management, announced it has secured a $3.2 million seed funding round led by Moneta Ventures with participation from Cortado Ventures. This investment will drive product innovation, market expansion, and operational scaling to meet growing demand.

Crossmint: $23.6 Million Secured To Bring Businesses And AI Agents Onchain

By Amit Chowdhry ● Mar 19, 2025

Crossmint - an all-in-one platform for companies building onchain - announced the completion of a $23.6 million funding round led by Ribbit Capital, with participation from Franklin Templeton, Nyca, First Round, and Lightspeed Faction. This funding follows a year of explosive growth, with Crossmint's subscription revenue increasing by 1,100% last year.

White & Case: Xavier Hubert Named As A Partner In Paris

By Amit Chowdhry ● Mar 19, 2025

Global law firm White & Case announced it has expanded its Global White Collar Practice with the addition of Xavier Hubert as a partner in Paris.

Orion Security: $6 Million (Seed) Raised For AI-Based Data Protection Platform

By Amit Chowdhry ● Mar 19, 2025

Orion Security, an AI-based data protection platform, announced a $6 million seed funding round led by Pico Partners and FXP with participation from Underscore VC and cybersecurity leaders like the founders of Perimeter 81 and the CISO of Elastic. Launched by CEO Nitay Milner, former product leader at Cisco-acquired Epsagon, and CTO Yonatan Kreiner, former application security lead at WalkMqe, Orion is already used by leading technology companies.

Axinn: Joseph Micallef Named As Partner In IP Practice In Washington, D.C.

By Amit Chowdhry ● Mar 19, 2025

Axinn, Veltrop & Harkrider announced that veteran intellectual property trial lawyer Joseph Micallef has joined its Intellectual Property practice as a partner in the Washington, D.C. office.

Bridge Data Centres: $2.8 Billion Loan Secured

By Amit Chowdhry ● Mar 19, 2025

Bridge Data Centres (Bridge DC), a Bain Capital-backed hyperscale data center platform, announced it had secured $2.8 billion in senior secured bank financing to advance its data center expansion, setting up one of the largest-ever bank facilities for pan-Asian data center operators.

Dentons: J. Trumon Phillips Named As Partner In Miami-Based Litigation Practice

By Amit Chowdhry ● Mar 19, 2025

Dentons announced that J. Trumon Phillips joined the firm as a partner in its Litigation practice in the Miami office. He joins several of his former colleagues, who also recently made the move to Dentons, further strengthening the firm’s bench of experienced litigators and supporting the global insurance team. Plus, Phillips’ extensive experience in the courtroom and managing high-stakes commercial, insurance, and class action disputes will be an invaluable asset to clients facing complex, high-stakes litigation across industries.

Arcade.dev: $12 Million (Seed) Raised For Solving AI Agent Security Problems

By Amit Chowdhry ● Mar 18, 2025

Arcade.dev, which is the first company to help AI agents securely take real-world actions on behalf of a user, announced a $12 million seed funding round for its agent auth and integration platform. The round was led by Laude Ventures (Pete Sonsini - Databricks, Perplexity) with participation from Flybridge Ventures (Chip Hazard - MongoDB, Firebase), Hanabi Capital (Mike Volpi - Cohere, Scale AI), Neotribe (Kittu Kolluri - Fortanix, Robinhood), and Andy Rachleff (Wealthfront, Databricks).

BadCarbon: $100 Million Equity Investment Raised

By Amit Chowdhry ● Mar 18, 2025

Creating a new benchmark for renewable energy expansion in Texas, Nexus Renewable Power and Bad Carbon have announced a $100 million equity investment capitalizing Geologic Environmental Mineral Sequestration (GEMS) credits.

VIA: $28 Million (Series B) Raised For Accelerating Data & Identity Protection Platform

By Amit Chowdhry ● Mar 18, 2025

Via Science announced it has raised a $28 million Series B investment to accelerate its high-security, easy-to-implement data and identity protection platform for governments and enterprises. And VIA restricted this highly oversubscribed round to the most experienced and commercially relevant new investors, including Bosch Ventures (lead), BMW i Ventures, MassMutual Ventures, and Sentinel Global. The new investors joined Westly Group and selected existing investors to make up the minority investment.

Cordillera: $10 Million Investment In Professional Triathletes Organisation

By Amit Chowdhry ● Mar 18, 2025

Cordillera Investment Partners—an investment management firm that exclusively invests in niche, non-correlated assets—announced a $10 million investment in the Professional Triathletes Organisation (PTO), a global sports body co-owned by its professional athletes. The funding will support the PTO’s growth initiatives.

Soluna: $5 Million In Non-Dilutive Debt Financing Raised From Galaxy Digital

By Amit Chowdhry ● Mar 18, 2025

Soluna Holdings - a developer of green data centers for intensive computing applications, including Bitcoin mining and AI - announced that it has successfully closed a $5 million loan facility with Galaxy Digital, a financial services and investment management innovator in the digital asset and blockchain technology sectors.

Madison Scientific: $7 Million (Seed) Raised To Develop Electro-Mechanical Solutions For Patients With Neurologic Conditions

By Amit Chowdhry ● Mar 18, 2025

Madison Scientific (MadSci) - a private medical device company developing smart electro-mechanical solutions for patients with neurologic conditions - announced it has secured $7 million in a fully subscribed seed financing round. The funding round was co-led by WARF Ventures, the Isthmus Project, and a medical device entrepreneur/investor, with participation from other institutional investors, family offices, and angel investors. Funds will be used to grow the MadSci team, expand preclinical testing, and advance prototype development of the company's innovative SmartShunt Hydrocephalus Management System.

Level: $2.6 Million Raised And DeFi Yield Stablecoin Debuted

By Amit Chowdhry ● Mar 18, 2025

Peregrine Exploration (a blockchain development and research company) announced the official debut of Level USD (lvlUSD), a stablecoin with DeFi-native yield, and an additional $2.6 million in strategic funding led by repeat investor Dragonfly to accelerate its mission to unlock permissionless finance. And Polychain also participated again, along with new investors, including Flowdesk, Echo syndicates Native Crypto (formerly known as Comfy Capital) and Feisty Collective by Path, and angel investors Sam Kazemian (Frax) and Albert Chon (Injective). The company has now raised a total of over $6 million.

GrubMarket: $50 Million (Series G) Raised At $3.5+ Billion Valuation For Food Supply Chain Industry AI Solutions

By Amit Chowdhry ● Mar 18, 2025

GrubMarket, an AI-powered technology enabler and digital transformer of the American food supply chain industry and the largest private food technology company in the US announced that it raised around $50 million in a significantly higher valuated Series G funding round from Liberty Street Funds, 3Spoke Capital, ROC Venture Group, Portfolia, Pegasus Tech Ventures, Joseph Stone Capital, and other unnamed participants. This funding round values GrubMarket at over $3.5 billion.

Featherless.ai: Investment Raised From Airbus Ventures

By Amit Chowdhry ● Mar 18, 2025

Airbus Ventures announced it is investing in Featherless.ai, the leading serverless AI inference platform. And Featherless.ai’s innovation optimizes GPU utilization, eliminates costly downtime, and dramatically reduces operational costs, enabling Featherless.ai to offer AI inference at significantly lower costs.

Jones Day: Frank Voon Joins As Corporate Partner In Hong Kong

By Amit Chowdhry ● Mar 18, 2025

Frank Voon has joined Jones Day as a partner in the Corporate Practice based in the firm's Hong Kong Office.

JLL Income Property Trust: Richmond Distribution Center Acquired For About $40.7 Million

By Amit Chowdhry ● Mar 18, 2025

JLL Income Property Trust, an institutionally managed daily NAV REIT with around $6.6 billion in portfolio equity and debt investments, announced the acquisition of Richmond Distribution Center, a Class A industrial building located in Richmond, VA, for a purchase price of about $40.7 million.