Archives

Orbis Medicines: Oral Macrocycle Drug Discovery Company Raises €26 Million

By Amit Chowdhry ● Mar 4, 2024

Orbis Medicines - a leader in oral macrocycle drug discovery - announced its launch with a €26 million financing led by global life sciences investor Novo Holdings and Forbion. These are the details.

Matter Neuroscience Secures $26 Million To Use Neuroscience To Help People Live Longer And Happier Lives

By Amit Chowdhry ● Mar 4, 2024

Matter Neuroscience, a company working to unlock a deeper understanding of happiness and well-being by providing people with personalized insights into their brain chemistry, recently emerged from stealth mode. And Matter announced it had received $26 million in funding, initial funding seeded by Polaris Partners and a more recent round co-led by ARCH Venture Partners, Polaris Partners, and Exor Ventures, and joined by Collaborative Fund and others. With this funding, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being.

AiDash: Series C Funding And Duke Energy Added As Strategic Investor

By Amit Chowdhry ● Mar 3, 2024

AiDash - an enterprise SaaS company making critical infrastructure industries climate resilient and sustainable with satellites and AI - announced that it received a strategic investment from Duke Investments, LLC, a wholly-owned subsidiary of Duke Energy.

Lionize: Initial Closing Of $2 Million Raised To Drive Evolution Of Influencer Marketing

By Amit Chowdhry ● Mar 3, 2024

Lionize - an innovative AI-driven influencer search tool and influencer marketing platform - announced the initial closing of a funding round of up to $2 million led by Cultivation Capital. This funding round marks a significant milestone in Lionize's mission to revolutionize influencer marketing through AI.

Slice: Continuous Compliance Platform Company Secures $7 Million

By Amit Chowdhry ● Mar 3, 2024

Slice - which is the only global equity platform utilizing AI for continuous compliance - announced it has emerged from stealth with a $7 million seed funding round led by TLV Partners, with participation from R-Squared Ventures, Jibe Ventures, leading international law firms Wilson Sonsini, Fenwick & West, and notable angel investors.

Rhombus: Over $26 Million Raised To Advance Cloud-Managed Physical Security Innovation

By Amit Chowdhry ● Mar 3, 2024

Rhombus - a leader in cloud-managed physical security - announced it raised over $26 million in equity investments co-led by Tru Arrow and Cota Capital and $17 million in debt financing from Silicon Valley Bank, with existing investors Caden Capital and Uncorrelated Capital participating.

Codified: Generative AI-Powered Data Governance Company Closes $4 Million

By Amit Chowdhry ● Mar 3, 2024

Codified - a Generative AI-powered Data Governance startup - announced $4 million in seed funding. And Codified was incubated at Madrona Venture Labs and founded by Yatharth Gupta.

Humane Signs Strategic Deal With SoftBank

By Amit Chowdhry ● Mar 3, 2024

Humane has revealed plans for a telecommunications partnership with SoftBank for the Humane Ai Pin, the first stand-alone Ai device and proprietary Ai-driven OS, CosmOS.

FamilyWell Health: $4.3 Million Raised To Address Maternal Mental Health Crisis

By Amit Chowdhry ● Mar 3, 2024

FamilyWell Health has secured $4.3 million in seed financing to solve the maternal mental health crisis. This milestone marks the company’s first round of institutional capital, and it is led by .406 Ventures, with participation from GreyMatter Capital and Mother Ventures.

NayaOne: $4.7 Million Closed To Transform Financial Services Through Sandbox Platform

By Amit Chowdhry ● Mar 3, 2024

NayaOne has announced a $4.7 million funding round led by EJF Capital, with Valley Ventures (the corporate venture capital arm of Valley Bank) and Carthona Capital also on board.

Collov AI: AI-Driven Home Furnishing Company Raises $10 Million

By Amit Chowdhry ● Mar 3, 2024

Collov AI announced it successfully raised $10 million in Series A funding, led by one of the largest cabinet manufacturers, GoldenHome Living Co Ltd, specializing in the research, design, and manufacturing of kitchen cabinets.

Zacua Ventures: $56 Million Fund Closed To Invest In Next-Gen Construction Technology

By Amit Chowdhry ● Mar 3, 2024

Zacua Ventures - a global venture capital fund focused on early-stage technology for the construction industry - announced the close of its inaugural fund. In connection with the fund's closing, Zacua also announced that it recently led a $9 million seed round for data infrastructure startup Flexnode.

HuLoop : $5 Million Closed To Drive Simple And Affordable AI-Powered Intelligent Automation

By Amit Chowdhry ● Mar 3, 2024

HuLoop Automation - a leader in AI-powered intelligent automation - announced the successful closing of a $5 million seed funding round. The funding round was led by Moneta Ventures, with participation from Rebellion Ventures, Growth Factory, Vibranium VC, Nurture Ventures, Insta VC, and others.

Polestar: Nearly $1 Billion In External Funding Raised

By Amit Chowdhry ● Mar 3, 2024

Polestar Automotive Holding UK PLC - a Swedish electric performance car brand - announced that it has secured $950 million in external funding. And the company is making strong progress on its strengthened business plan and achieving its 2025 targets.

Campfire: $3.5 Million In Seed Funding Raised For Modernizing Accounting Software

By Amit Chowdhry ● Mar 2, 2024

Campfire - a Y Combinator-backed startup modernizing accounting software for startups and midsize companies - announced it closed a $3.5 million seed funding round led by Foundation Capital and joined by Y Combinator and Twenty Two Ventures. And Campfire will use the funding for attracting talent and further support its flagship products, which provide a modern general ledger and automate revenue processes.

Autogon AI Raises Funding From Fast Forward Venture Studio

By Amit Chowdhry ● Mar 1, 2024

Autogon AI - a no-code AI orchestration platform - announced it had received backing from Fast Forward Venture Studio. And Autogon’s model enables any business – regardless of size – to conveniently harness the power of AI.

7to7 Dental Raises Funding From GTCR And Avryo Healthcare

By Amit Chowdhry ● Mar 1, 2024

GTCR (a leading private equity firm) announced today its management partnership with Kelly McCrann, Avryo Health Services has completed a strategic investment in 7to7 Dental in partnership with Justin Coke, Chief Executive Officer, and Tiffany Winburn, DMD, Chief Clinical Officer, who retained substantial ownership in the company. Kelly McCrann has joined 7to7 as Executive Chairman alongside the existing management team, who will continue their current roles.

HighPost Capital: Jay Steinle Named As Managing Director, Head of Investor Relations

By Amit Chowdhry ● Mar 1, 2024

HighPost Capital - a leading private investment firm focused on the global consumer sector - announced that Jay Steinle has joined the firm as Managing Director and head of Investor Relations. Steinle will lead the firm’s fundraising and investor relations activities and be responsible for creating and strengthening new and existing client relationships. He will be based in West Palm Beach, FL, and report to David Moross, Chairman and Chief Executive Officer of HighPost.

Honeywell: Interview With Sensing & Safety Technologies President Sarah Martin

By Amit Chowdhry ● Mar 1, 2024

Honeywell is recognized for its diverse range of products and solutions in Aerospace Technologies, Industrial Automation, Building Automation and Energy and Sustainability. What may not be widely known is that the company also provides one of the most extensive portfolios of switching and sensing products in the industry. Pulse 2.0 interviewed Sarah Martin, President of Honeywell Sensing & Safety Technologies to learn more.

Pretium And Hunter Point Capital Sign Strategic Partnership

By Amit Chowdhry ● Mar 1, 2024

Pretium (a specialized investment firm with over $50 billion in assets under management) announced a strategic partnership with Hunter Point Capital (HPC). And this partnership, which includes a minority investment from HPC, aims to support the long-term growth of Pretium's existing strategies – residential real estate and corporate and structured credit – and enable the firm to expand into adjacent areas to create additional value for its clients, residents, and employees.

Why Totango And Catalyst Are Merging

By Amit Chowdhry ● Mar 1, 2024

Totango (a top enterprise customer success software) and Catalyst (the leading customer growth platform) announced that they are merging to provide one of the most powerful customer growth platforms on the market. About 600 organizations globally trust the platforms to drive business outcomes, and the new organization will provide businesses with a unified solution to drive measurable growth from their customer base.

ActiveViam Raises Majority Investment From Nordic Capital

By Amit Chowdhry ● Mar 1, 2024

Nordic Capital announced it has acquired a majority stake in ActiveViam to support its next phase of growth. This investment is made in partnership with ActiveViam's founders and management who will invest alongside Nordic Capital.

Looq AI: Survey Technology Company Secures $2.6 Million

By Amit Chowdhry ● Mar 1, 2024

Looq AI has secured $2.6 million in a preferred series of seed funding led by BootstrapLabs, a venture capital firm focused on applied artificial intelligence, with the participation of Longley Capital and Spatial Capital. Looq AI has raised $3.75 million to date in connection with its initial pre-seed round.

Coverdash: Embedded Business Insurance Agency Company Raises $13.5 Million

By Amit Chowdhry ● Mar 1, 2024

Coverdash - one of the fastest-growing startups and SMB-focused insurtech companies - announced $13.5 million in Series A funding. This funding round comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16 million.

Why Summit Is Buying Deft

By Amit Chowdhry ● Feb 29, 2024

Summit - one of the largest providers of virtual servers and cloud-based application hosting in the U.S. and Canada - announced it has acquired Deft, which is a comprehensive provider of data center and managed cloud services.

USC And Techstars Partnering On Accelerating Opportunities For Students, Faculty, And Alumni

By Amit Chowdhry ● Feb 29, 2024

The University of Southern California and Techstars will work together on accelerating opportunities for USC-affiliated entrepreneurs, including students, faculty and alumni. And USC will spark new startups and innovation under a new collaboration with Techstars, a leading pre-seed investor.

Why Ginkgo Bioworks Is Buying Patch Biosciences

By Amit Chowdhry ● Feb 29, 2024

Ginkgo Bioworks - a company that is building the leading platform for cell programming and biosecurity - announced the acquisition of Patch Biosciences. Patch Biosciences has built an AI platform for sequence design that enables more effective, specific, and durable genetic medicines and was backed by Andreessen Horowitz (a16z) Bio + Health, Casdin Capital, and S32. This acquisition is intended to strengthen Ginkgo's Gene Therapy Services, Cell Therapy Services, and RNA Therapeutics Services.

Gradial: $5.4 Million Raised To Build AI Solutions For Helping Marketing Teams Deliver Better Experiences

By Amit Chowdhry ● Feb 29, 2024

Gradial has announced $5.4 million seed funding led by Madrona with participation from General Advance, Outsiders Fund, and Space Capital. And Gradial is building AI solutions to help marketing teams deliver better digital experiences and enable more time and resources for creative strategy.

Why Accenture Song Is Buying Mindcurv

By Amit Chowdhry ● Feb 29, 2024

Accenture has agreed to acquire Mindcurv, a cloud-native digital experience and data analytics company specializing in composable software, digital engineering, and commerce services for more than 200 clients worldwide. And through this acquisition, Accenture Song—the world’s largest tech-powered creative group—further expands its commerce services for clients globally. The terms of the deal from private equity investment firms Genui and Primepulse were not disclosed.

Redi Health Raises $140 Million In Round Led By Blue Heron Capital

By Amit Chowdhry ● Feb 29, 2024

Blue Heron Capital (an early-stage growth equity firm) has announced its investment in Redi Health, a digital health innovator poised to transform patient support services. And this strategic investment is core to Blue Heron's philosophy of identifying and supporting companies that not only show potential for growth but also address pressing needs within healthcare and technology sectors experiencing meaningful transformation.