Archives

Leap: Virtual Power Plant Company Raises Follow-On Funding From Presidio Ventures

By Noah Long ● Dec 4, 2023

Leap - a leading virtual power plant (VPP) platform - recently announced that it has secured additional equity financing from Presidio Ventures, bringing Leap’s total B-EXT funding to $16 million after a round announced in July 2023.

Princeton NuEnergy: $16 Million Closed To Accelerate Lithium-Ion Battery Direct Recycling Technology

By Amit Chowdhry ● Dec 4, 2023

Princeton NuEnergy (PNE) - a clean-tech innovator specializing in recycling, repurposing, and commercializing lithium-ion battery materials - recently announced the initial closing of its Series A funding round, raising $16 million. Wistron Corporation, a Fortune Global 500 member and industry leader in electronics recycling services, led the funding round.

Radiant Security: AI-Based Security Operations Solutions Company Closes $15 Million In Funding

By Annie Baker ● Dec 4, 2023

Radiant Security, a pioneering force in AI-enhanced security operations solutions, today announced the successful closure of a $15 million Series A funding round. This strategic financing, led by Next47, reaffirms the soaring demand for cutting-edge, AI-based solutions that address the longstanding challenges that Security Operations Centers (SOCs) face.

Nema Health: Virtual PTSD Treatment Company Raises $4.1 Million

By Noah Long ● Dec 4, 2023

Nema Health - a virtual treatment program delivering evidence-based care for post-traumatic stress disorder (PTSD) - recently closed a $4.1 million seed round. This funding round was co-led by Optum Ventures and .406 Ventures, with participation from GreyMatter Capital and additional angel investors. And Nema also announced the launch of its care program in New York, New Jersey, and Connecticut with a national insurance partner.

SilverSun Raising $1 Billion In Investment Agreement Led By Brad Jacobs

By Amit Chowdhry ● Dec 4, 2023

SilverSun Technologies (SSNT) and Jacobs Private Equity II, LLC (JPE) - which is led by Brad Jacobs - announced today that they and minority co-investors have entered into an investment agreement, under which JPE and the minority co-investors will invest $1 billion in cash into SilverSun. This proposed equity investment comprises $900 million by JPE and $100 million by co-investors, including Sequoia Heritage.

Launchpad.build Receives Strategic Investment From Lockheed Martin Ventures

By Amit Chowdhry ● Dec 4, 2023

Launchpad.build - a cutting-edge U.S.-based technology company using AI to deliver next-generation capabilities in robotics and automation - recently announced it has closed a strategic funding round with an investment from Lockheed Martin Ventures (the venture arm of Lockheed Martin).

Photonic: $100 Million Raised To Build Unified Quantum Computing And Networking Platform

By Amit Chowdhry ● Dec 4, 2023

Photonic - a company building one of the world’s first scalable, fault-tolerant, and unified quantum computing and networking platforms based on photonically linked silicon spin qubits - recently announced it has raised an investment round of $100 million. The funds were raised from organizations including British Columbia Investment Management Corporation (BCI), Microsoft Corporation, the UK government’s National Security Strategic Investment Fund (NSSIF), Inovia Capital, and Amadeus Capital Partners. This brings the company’s total funding to $140 million.

Sailes: Using AI To Streamline Prospecting For Enterprise Sales Teams

By Amit Chowdhry ● Dec 4, 2023

Sailes is a company that is harnessing artificial intelligence to streamline prospecting for enterprise sales teams. Pulse 2.0 interviewed Sailes' president, CEO, and founder Nick Smith to learn more about the company.

Numerade: How This Virtual Learning Platform Adds More Meaning To STEM Education

By Amit Chowdhry ● Dec 4, 2023

Numerade is a virtual learning platform democratizing access to quality STEM education. Pulse 2.0 interviewed Numerade CEO and co-founder Nhon Ma to learn more about the company.

NextFlex: Flexible Hybrid Electronics Company Raises $6.5 Million

By Annie Baker ● Dec 4, 2023

NextFlex - which is America’s Flexible Hybrid Electronics (FHE) Manufacturing Innovation Institute - recently announced $6.49 million in funding (including $3.29 million in cost-share contribution from participants) for seven new projects as part of its Project Call 8.0 to further promote FHE development and adoption throughout the U.S. advanced manufacturing sector.

Vaxess Technologies: Developing Vaccine Patches To Disrupt Multiple Billion-Dollar Markets

By Amit Chowdhry ● Dec 4, 2023

Vaxess Technologies is a venture capital and Gates Foundation-backed life science company that is developing novel vaccine patches. The company is committed to improving access to vaccines with its shelf-stable patches that can be self-applied, and delivered all over the world. Pulse 2.0 interviewed Vaxess Technologies co-founder and CEO Michael Schrader to learn more.

NPCx: How This Company Is Building The Next-Generation Of AI For NPCs

By Amit Chowdhry ● Dec 4, 2023

NPCx is a company building the next generation of Artificial Intelligence (AI) for Non-Player Characters (NPC) in Interactive Entertainment, including Video Games, Augmented Reality, and Virtual Reality. Pulse 2.0 interviewed NPCx CEO and co-founder Cameron Madani to learn more.

INGENIOUS.BUILD: Real Estate Development And Construction Company Raises $37 Million

By Noah Long ● Dec 4, 2023

INGENIOUS.BUILD - a leading technology company specializing in project management software for Real Estate Development and Construction - recently announced it has successfully closed its Series A funding round, securing a total of $37 million.

MBrace Therapeutics: $85 Million Raised To Improve The Lives Of Cancer Patients Through Novel Oncology Targets

By Amit Chowdhry ● Dec 4, 2023

MBrace Therapeutics - a privately-held biopharmaceutical company devoted to improving the lives of cancer patients through the development of antibody-drug conjugates (ADCs) against novel oncology targets - recently announced the completion of an $85 million Series B financing, bringing the company’s total raised to $110 million.

Injectsense And Injectpower Secures $9.4 Million In Combined Funding

By Annie Baker ● Dec 4, 2023

Injectsense - a sensor-enabled digital health company, and sister company Injectpower, a developer of ultra-miniature solid-state microbatteries for medical applications - recently announced combined funding of $9.4 million to bring highly integrated autonomous implantable devices (smaller than a grain of rice) to production.

Ozone: AI-Based Video Editing Company Secures $7.1 Million

By Noah Long ● Dec 4, 2023

Ozone - an AI-driven pioneer in the next generation of video editing technology - recently announced that it raised $7.1 million in funding and has publicly launched its cloud-based video editing platform. The investors in this round include Y Combinator, NEA, General Catalyst, LGVP, Bluewatch Ventures, Polymath Capital Partners, Pioneer Fund, SOMA Capital, and Olive Tree Capital, as well as the founders of Dropbox, Tinder, and Lightricks.

ArrivoBio: $45.25 Million Closed To Advance Treatments For Major Depressive Disorder

By Amit Chowdhry ● Dec 4, 2023

Arrivo BioVentures recently announced closing an oversubscribed Series B preferred financing round, totaling $45.25 million in committed capital, bringing the total raised since the company’s inception to $100 million. And Arrivo will use the funding round to advance its first-in-class treatment for major depressive disorder (MDD), SP-624, through the completion of a Phase 2b/3 clinical trial and complete a Phase 2 Proof-of-Concept study with its novel treatment to prevent patients with pancreatitis advancing to severe acute pancreatitis, RABI-767.

Needed: Perinatal Nutrition Company Raises $14 Million

By Dan Anderson ● Dec 4, 2023

Needed - a science-backed perinatal nutrition company - recently announced its $14 million funding round led by responsible consumer investor The Craftory, with additional participation from existing investors Seae Ventures and Crescent Ridge VC. This funding round will accelerate product innovation, content creation, and the launch of Needed Labs, the company’s clinical insights and research arm.

Medmo: Medical Imaging Technology Company Secures $9 Million

By Annie Baker ● Dec 3, 2023

Medmo - a medical imaging technology company - recently announced it raised $9 million in funding as part of a funding round led by Lerer Hippeau and existing investors Jerusalem Venture Partners (JVP), C2 Ventures, and Stone IsraVentures. An array of notable angel investors participated, including Elliot Cohen, founder of PillPack (acquired by Amazon) and Klara (acquired by ModMed), and co-founders Simon Bolz and Dr. Simon Lorenz. The additional funding will further accelerate the company’s rapid expansion and platform development.

Gridmatic: AI-Enabled Power Marketer Company Raises $50 Million

By Amit Chowdhry ● Dec 3, 2023

Gridmatic - an industry-leading AI-enabled power marketer - recently announced the second closing of its first energy storage fund, bringing capital commitments to $50 million. This round of funding was earmarked to oversee the management of up to 500 MW of battery capacity in the ERCOT and CAISO markets.

RepeatMD: $50 Million Closed To Help Aesthetic And Wellness Practices Grow Businesses

By Amit Chowdhry ● Dec 3, 2023

RepeatMD - a SaaS company leveraging Inbound Revenue to increase sales for aesthetic and wellness practices - recently announced it had secured $50 million in Series A funding, including a $10 million debt facility from Silicon Valley Bank. This funding round marks a significant milestone in RepeatMD's mission to deliver superior revenue efficiency to growing practices and to enhance their patients’ experience.

OfferFit: Automated Experimentation Platform Company Raises $25 Million

By Annie Baker ● Dec 3, 2023

OfferFit - a marketing technology company empowering marketers to replace traditional A/B testing with automated experimentation - recently announced a $25 million Series B funding round led by Menlo Ventures. Ridge Ventures joined the round with earlier investors Canvas Ventures, Harmony Partners, Alumni Ventures Group, Carbide Ventures, and Burst Capital. Capital One Ventures (the strategic investment arm of Capital One) also participated in the round following Capital One's success with OfferFit.

Aro Biotherapeutics: $41.5 Million Secured To Pioneer Tissue-Targeted Genetic Medicines

By Noah Long ● Dec 3, 2023

Aro Biotherapeutics - a clinical-stage biotechnology company pioneering the development of tissue-targeted genetic medicines - recently announced it has secured $41.5 million in a Series B funding round.

Polimorphic: AI-Enabled GovGPT Software Company Raises $5.6 Million

By Annie Baker ● Dec 3, 2023

Polimorphic - a leading provider of AI-enabled "GovGPT" software for local government operations - recently announced it closed on $5.6 million in seed funding. M13 led this funding round with the participation of existing investors Shine Capital and Pear VC.

AppBrilliance Receives Strategic Investment From Truist Ventures

By Amit Chowdhry ● Dec 2, 2023

AppBrilliance - a leading platform for real-time Account-to-Account (A2A) payment acceptance - recently announced that it has closed a strategic investment from Truist Ventures (the corporate venture capital arm of Truist Financial).

Aperiam Bio: Protein Engineering Company Raises $9 Million

By Dan Anderson ● Dec 2, 2023

Protein engineering company Aperiam Bio recently announced its launch from stealth with a $9 million seed round led by OMX Ventures, with participation from Axial VC, KDT Ventures, and Civilization Ventures.

Munch: AI-Powered Social Media Automation Company To Accelerate Growth With $7.2 Million In Funding

By Dan Anderson ● Dec 2, 2023

Munch - a leading AI-powered automation platform for social media - recently announced their $7.2 million seed funding round. The funding round was led by A* Capital, supported by Liquid2 and Pre-Seed investors Cardumen Capital and Remagine Ventures.

Niron Magnetics: $33 Million Secured To Advance Permanent Magnet Platform

By Amit Chowdhry ● Dec 2, 2023

Niron Magnetics - a company pioneering the world’s first high-performance and rare earth-free permanent magnets - recently announced it has raised $33 million in additional funding, with new investments from leading automotive manufacturers, GM Ventures, and Stellantis Ventures, and previous local investors, Shakopee Mdewakanton Sioux Community (SMSC) and the University of Minnesota (UMN), amongst other investors.

OrsoBio: $60 Million Raised To Develop Treatments For Severe Metabolic Disorders

By Amit Chowdhry ● Dec 2, 2023

OrsoBio - a clinical-stage biopharmaceutical company developing treatments for severe metabolic disorders - recently announced the successful completion of a $60 million Series A financing, bringing the total capital raised by the company to $97 million.

Menlo Ventures: $1.35 Billion Closed To Invest In Transformative AI Companies

By Amit Chowdhry ● Dec 2, 2023

Leading venture capital firm Menlo Ventures announced it raised $1.35 billion in new capital, which will be invested by Menlo’s flagship venture fund, Menlo XVI and Menlo Inflection III and their affiliated funds, with a mandate to invest in promising technology companies leading the AI transformation.