Archives

CapitalOS: Spend Management Infrastructure Company Raises $39 Million

By Amit Chowdhry ● Nov 28, 2023

CapitalOS - a fintech company providing a first-of-its-kind spend management infrastructure for B2B platforms, announced today its $39 million across equity funding and debt financing. This funding round was led by Group 11 with participation from Upper90, Vera Equity, Slow Ventures and established angel investors, which include Huey Lin (Affirm Founding-COO), Tomer London (Gusto CPO), Michael Sindicich (EVP, GM Navan Expense), Yin Wu (CEO, Pulley) and Oz Alon (HoneyBook CEO) along with accomplished product builders and operators from Stripe, Navan, Venmo, Houzz, etc.

SWITCH Maritime: $10 Million Raised To Develop Zero-Emission Ferries

By Noah Long ● Nov 28, 2023

SWITCH Maritime - a US-based company developing electrified, zero-emission ferries powered by battery and hydrogen fuel cells - recently announced that it has raised $10 million in a Series A round led by Nexus Development Capital to grow its fleet. Launched in 2018 by a veteran team of maritime energy transition leaders, SWITCH’s mission is to enable private and public municipal ferry operators to more easily replace their carbon-intensive, diesel-powered fleets while reducing operating and fueling costs over the lifetime of their vessels.

Takes: A Place For Sports Fans To Unite And Watch Games Live

By Amit Chowdhry ● Nov 28, 2023

Takes is the first online sports creator app where fans can unite online to watch games live and socialize through short user-created content. Pulse 2.0 interviewed Takes CEO Michael Iams to learn more about the company.

Harvest Partners: $5.34 Billion Of Commitments Closed

By Amit Chowdhry ● Nov 28, 2023

Harvest Partners, LP - a New York-based private equity firm - recently announced that Harvest Partners IX, L.P. and its parallel funds (HP IX) completed its fundraising at $5.34 billion of commitments, surpassing its target of $5.25 billion. HP IX is 30% larger than the firm's previous private equity fund - which raised $4.1 billion of commitments in 2019 and has been fully deployed.

Confirm: How This Company Is Fixing What Is Broken With Performance Reviews

By Amit Chowdhry ● Nov 28, 2023

Confirm is an all-in-one people platform fixing what’s broken with performance reviews. Grounded in the science of Organizational Network Analysis (ONA), Confirm gives leaders a true view of each employee’s influence, impact, and actual contribution. Pulse 2.0 interviewed Confirm co-founder and CEO Josh Merrill and co-founder and president David Murray to learn more about the company.

Zidisha: This Crowdfunding Platform Enables Donors To Fund Vetted Entrepreneurs In Developing Countries

By Amit Chowdhry ● Nov 28, 2023

Zidisha is the world's first direct peer-to-peer lending service to bridge the international wealth divide, enabling individuals worldwide to lend to and communicate with borrowers in developing countries without local intermediaries. Pulse 2.0 interviewed Zidisha founder and director Julia Kurnia to learn more about the service.

MemVerge: How This Big Memory Computing Platform Company Is Addressing A $20 Billion Market

By Amit Chowdhry ● Nov 28, 2023

MemVerge is a company that is delivering the world’s first Memory-Converged Infrastructure system, built with proprietary software technology. Pulse 2.0 interviewed MemVerge co-founder and CEO Charles Fan to learn more about the company.

Gynesonics: Women’s Healthcare Company Secures $67 Million

By Amit Chowdhry ● Nov 27, 2023

Gynesonics - a women’s healthcare company focused on developing minimally invasive solutions for symptomatic uterine fibroids - recently announced that it has secured an incremental $42.5 million in financing (total of $67.2 million inclusive of initial April 2023 financing). The funding round was led by existing Gynesonics investors Amzak Health, Endeavour Vision, Kaiser Permanente Ventures, Runway Growth Capital, and Bain Capital, with new investments coming from MVM Partners and several other healthcare investors excited about Gynesonics’ commercial advances.

Tangibly: SaaS Trade Secret Discovery And Management Company Closes $7 Million

By Noah Long ● Nov 27, 2023

Tangibly - a SaaS trade secret discovery and management platform backed by Madrona and other top investors - recently announced that it had a final close of its seed round with an investment from Wipro Ventures, bringing the total funds raised to $7 million.

Fortem: How This Innovative Company Is Detecting And Defeating Dangerous Drones

By Amit Chowdhry ● Nov 27, 2023

Fortem Technologies is a leader in airspace awareness, security, and defense for detecting and defeating dangerous drones. Through an advanced and end-to-end system of distributed radar, AI at the Edge, deep sensor integration, and autonomous drone capture, Fortem monitors and defends the world’s venues, infrastructures, cities, and regions. Pulse 2.0 interviewed Fortem’s chief technology officer Adam Robertson, to learn more about the company.

Tenet: Climate Fintech Platform Company Closes Over $30 Million

By Annie Baker ● Nov 27, 2023

Tenet Energy - a climate fintech platform that helps consumers and businesses drive electric vehicles (EVs) for less - recently announced that it has closed a funding round of over $30 million, including over $10 million in Series A investment and a $20 million warehouse debt facility.

Granite Creek Capital Partners: $300 Million Third Fund And NYP Acquisition

By Amit Chowdhry ● Nov 27, 2023

Granite Creek Capital Partners - a private investment firm based in Chicago - recently announced the oversubscribed closing of its third investment fund, Granite Creek FlexCap III, L.P., a $300 million fund focused on providing flexible capital to growing lower middle market companies. The company also recently announced the acquisition of NYP Corp.

Expanso: $7.5 Million Raised To Help Enterprises Manage Data Needs

By Amit Chowdhry ● Nov 27, 2023

Expanso - a startup built to help enterprises manage their ever-growing data needs with a distributed approach to big data processing powered by its open-source software Bacalhau - recently announced it has raised $7.5 million in seed funding led by General Catalyst and Hetz Ventures, along with Array Ventures.

BH Compliance: Measuring The Effectiveness Of Corporate Governance Practices

By Amit Chowdhry ● Nov 27, 2023

BH Compliance is an enterprise that measures the effectiveness of corporate governance practices, allowing companies to evaluate and verify the efficacy of their good practices, in addition to facilitating the early detection of possible gaps to correct them on time to prevent white-collar crimes and improve their bottom line more effectively. Pulse 2.0 interviewed BH Compliance CEO Susana Sierra to learn more about the company.

Qualiti: This AI-Managed Test Solution Runs And Maintains A Full Test Automation Suite

By Amit Chowdhry ● Nov 27, 2023

Qualiti is an AI-managed test automation solution that creates, maintains, executes, and triages tests for you. So bow you can move on from writing and maintaining these tests and actually focus on creative tasks in QA and the end-user experience. Pulse 2.0 interviewed Qualiti co-founder and COO Jeff Handy to learn more.

Firefly Aerospace: Series C Tranche Raised, Hitting About $300 Million To Date

By Amit Chowdhry ● Nov 26, 2023

Firefly Aerospace - an end-to-end space transportation company - recently announced the closing of another tranche of financing, valuing the company at $1.5 billion pre-money. The funding round is being led by existing investors, including AE Industrial Partners, LP, and new investors, including Mitsui & Co., Ltd. Firefly has raised approximately $300 million in funding since February 2023.

AI21: Enterprise AI Systems Company Raises $208 Million Oversubscribed Series C

By Amit Chowdhry ● Nov 26, 2023

AI21 - a leader in enterprise AI systems - recently announced the completion of its $208 million Series C funding at a valuation of $1.4 billion. The company saw participation from additional new investors, including Intel Capital, the venture capital arm of Intel Corporation, and Comcast Ventures (the venture capital arm of Comcast Corporation), which joined previously announced investors. This new round of funding brings the company's total capital raised to $336 million, accelerating AI21's purpose-driven approach in the era of AI-first enterprises.

Forward Therapeutics: $50 Million Raised To Develop Small Molecule Therapies For Immunological And Inflammatory Disorders

By Amit Chowdhry ● Nov 26, 2023

Forward Therapeutics - a biopharmaceutical company developing next-generation small molecule therapies for chronic immunological and inflammatory disorders - recently announced a $50 million Series A financing. The funding was led by BVF Partners LP with participation from other leading life sciences investors RA Capital Management and OrbiMed.

Transcend: Investment From Citi Secured To Accelerate Optimization Solutions

By Noah Long ● Nov 26, 2023

Transcend - a leading provider of liquidity, funding, and collateral optimization solutions - recently welcomed Citi as their latest investor. This investment was made through Citi's Strategic Investments arm, which invests in innovative fintech companies globally that are strategically aligned to Citi's institutional businesses.

Union Labs: Zero-Knowledge Interoperability Layer Company Secures $4 Million

By Amit Chowdhry ● Nov 26, 2023

Union Labs - the team creating a hyper-efficient zero-knowledge interoperability layer - recently announced that it raised $4 million in seed funding to build the first fully trustless bridge that connects appchains, layer 1, and layer 2 networks. Capital secured is also earmarked for the expansion of Union's seasoned team, comprised of leaders from Composable Finance; Consensys; Tokensoft; and Polygon; in anticipation of its upcoming mainnet launch. Other notable investors in the round include Lightshift and Chorus One.

Fillogic: Channel-Free Logistics Company Raises $13 Million

By Annie Baker ● Nov 26, 2023

Fillogic - a leading technology platform for Channel-Free Logistics, is thrilled to announce the closing of its $13 million Series A funding round, led by Revelry Venture Partners (RVP). This funding will fast-track Fillogic's product development and nationwide expansion of its highly efficient, sustainable logistics technology ecosystem.

Factor Capital Management: $10 Million In Commitments Closed For First Fund

By Annie Baker ● Nov 24, 2023

Factor Capital Management - an investment firm founded by former GSR Markets and Two Sigma Investments Executive Jake Dwyer - recently announced the launch and first close of its Factor Venture Capital Fund I with approximately $10 million in commitments. The fund aims to invest up to $30m in seed-stage startups that leverage blockchain technology to solve real-world problems.

X-Bow Systems: Funding From Lockheed Martin Ventures And Additional Investors Received

By Dan Anderson ● Nov 24, 2023

X-Bow Systems - an American low-cost hypersonics provider - recently announced the closing of an interim funding round led by Lockheed Martin Ventures, the venture arm of Lockheed Martin. Additional investors included Crosslink Capital, Razor's Edge Ventures, Balerion Space Ventures, Bravo Victor Venture Capital, and Capital Factory.

Lavender: How This AI-Driven Company Helps Write Effective Sales Emails

By Amit Chowdhry ● Nov 24, 2023

Lavender is an AI email assistant that combines everything you need to easily write sales emails that get replies. Pulse 2.0 interviewed Lavender co-founder and CEO William Ballance to learn more.

Evolv AI: Intelligent Digital Experience Optimization And Personalization Company Raises $13.3 Million

By Dan Anderson ● Nov 24, 2023

Evolv AI - the maker of a leading intelligent digital experience optimization and personalization platform - recently announced the closing and conversion of their previously issued convertible notes and a new equity round for $13.3 million in new funding. Horizons Ventures led the funding round, and it brings their total funding to date to $23.3 million.

Vulcan Cyber: Cyber Risk Management Platform Company Closes $55 Million

By Amit Chowdhry ● Nov 24, 2023

Vulcan Cyber - the developers of a market-leading cyber risk management platform - recently announced it has closed its $55 million Series B with the addition of a $34 million investment led by Maor Investments and Ten Eleven Ventures with participation from existing Vulcan Cyber investors Dawn Capital and Wipro Ventures. This latest funding round marks $70 million invested in Vulcan Cyber.

Incode Technologies: How This Company Is Transforming The Integrated Identity Market

By Amit Chowdhry ● Nov 24, 2023

Incode provides a fully automated AI-powered platform that drives conversion while offering advanced fraud protection with the highest privacy and safety standards for global financial services, gaming, hospitality, government, and entertainment organizations. Pulse 2.0 interviewed Incode Technologies founder and CEO Ricardo Amper to learn more.

Era: AI-Powered Wealth Management Company Raises $3.1 Million

By Annie Baker ● Nov 23, 2023

Era - an AI-powered wealth management platform making wealth management more accessible - recently announced its launch and $3.1 million Seed led by Northzone with participation from Protagonist and Designer Fund. Era utilizes artificial intelligence to personalize wealth management advice and automate financial tasks, ultimately bridging the gulf between financial access and ambition and making wealth management more accessible.

Workshop: Internal Communications Platform Company Secures $12 Million

By Amit Chowdhry ● Nov 23, 2023

Workshop - an email platform for internal communications - recently announced that the company has raised $12 million in Series A funding. McCarthy Capital led the funding round out of their Emerging Growth strategy. It also included support from prominent Midwest venture funds, including Ludlow Ventures and M25.

ZeitLife Receives Investment From National Kidney Foundation’s Innovation Fund

By Dan Anderson ● Nov 22, 2023

The National Kidney Foundation (NKF) recently announced its latest investment through the NKF Innovation Fund. ZeitLife Transplant Innovations is a global medical device company specializing in advancing technologies to modernize kidney preservation and logistics.