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Function is a first-of-its-kind platform transforming how people manage their lifelong health starting with providing the deepest possible understanding of their body and what they should do to improve their health. Function also revealed the closing of its Series A round led by Andreessen Horowitz (a16z) Bio + Health with support from the a16z Cultural Leadership Fund, bringing its total funds to $53 million. And additional investors include Wisdom.vc, Draft Ventures, K5, G9 Ventures, 53 Stations, Matt Damon (Actor), Ari Emanuel (CEO of Endeavor), Kevin Hart (Comedian and actor), Joel Embiid's (NBA's 2023 MVP) Embiid Ventures, Jay Shetty (award-winning podcast host), Blake Griffin (former NBA), Zac Efron (Actor), Jimmy Rollins (former MLB), Colin Kaepernick (former NFL), Dr. Casey Means, Pedro Pascal (Actor), Ara Katz (Co-founder of Seed), Harvey Spevak (Equinox's Chairman), Harpreet Singh Rai (Former CEO of Oura), Jeff Dean, and others.

Exsilio Therapeutics, a biotechnology company developing genomic medicines for a broad range of diseases, announced its emergence from stealth with $82 million in Series A financing. This funding round was co-led by Novartis Venture Fund and Delos Capital, with participation from OrbiMed, Insight Partners, J.P. Morgan Life Sciences Private Capital, CRISPR Therapeutics, Innovation Endeavors, Invus, Arc Ventures, and Deep Insight. Exsilio was seed funded by OrbiMed.

Sift, the first unified observability platform for hardware sensor data, announced it had raised $17.5 million in Series A funding led by GV (Google Ventures). This funding round brings Sift's total funding to $25 million.

Next-generation sales tax solution CereTax announced a $9 million financing led by S3 Ventures, with participation from Wild Basin Investments and Leaders Fund.

Endogenex, a clinical-stage medical device company dedicated to improving outcomes in individuals with type 2 diabetes, announced it closed an oversubscribed Series C financing totaling $88 million.

Elsewhere Partners announced the closing of Elsewhere Partners III, L.P. (EP Fund III), with $285 million in additional capital focused on majority investments in growth-ready B2B software companies.

Stonebriar Commercial Finance announced the closing of a seven-year CAD$130 million term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. This loan, part of a leveraged buyout, is secured by all fixed assets of the company. This is the second deal closed with the company’s sponsor in the last 12 months, totaling CAD$186 million.Stonebriar Commercial Finance announced the closing of a seven-year CAD$130 million term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. This loan, part of a leveraged buyout, is secured by all fixed assets of the company. This is the second deal closed with the company’s sponsor in the last 12 months, totaling CAD$186 million.

The U.S. International Development Finance Corporation (DFC) announced a $50 million commitment to help mobilize $1 billion for the BTG Pactual Timberland Investment Group’s (TIG) Latin American reforestation strategy. This announcement was made in Oslo, Norway, on the margins of the Tropical Forest Forum, at a signing ceremony attended by White House Senior Advisor John Podesta, DFC Chief Climate Officer Jake Levine, and TIG Chief Sustainability Officer Mark Wishnie.

Cox Enterprises announced it has appointed Cody Partin as President of the Cox Family Office. Partin most recently worked as SVP of Enterprise Security and Corporate Services for Cox Enterprises.

TwoStep Therapeutics, a biotechnology company developing new targeted therapeutics for solid tumors, announced its official launch following a successful $6.5 million seed round led by NFX, with participation from other investors including 2048 Ventures, Alexandria Venture Investments, Cooley’s affiliated fund GC&H Investments, and the family office of the founder of Arcadia Investment Partners.

Stellantis and Archer Aviation, a leader in electric vertical takeoff and landing (eVTOL) aircraft, announced Archer had received an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following its transition flight test milestone last month.

Route, a leading post-purchase package tracking and protection solution, announced a $40 million Series C funding round at a valuation of $1.4 billion. The funding round was led by Hanaco VC with participation from JAWS Ventures, Madrona Ventures, and Granger.

BoldHue, a female-founded technology company transforming the beauty-tech industry with its personalized foundation device, announced it has successfully closed an oversubscribed seed round, raising nearly $5.2 million in funding to date.

Prodia, a leading distributed network of GPUs for AI inference solutions, today announced it raised a $15 million seed round led by Dragonfly Capital to build more scalable, affordable AI solutions powered by Web3. Investment firms HashKey, Web3.com, Index Ventures, Symbolic Capital, OKX Ventures, EV3, Artichoke, TRGC, Folius, Tangent Capital, Southern Equity, Balaji Srinivasan, Sandeep Nailwal (founder of Polygon), Matthew Roszak, Jeremy Voss (Director of Gen AI at Meta), Amit Vasudev (founder of Clearbit), Thomas France founder of Ledger, Leon Marshall (CEO of Galaxy Europe), Nicolas Pinto, Kenzi Wang, Jermaine Brown, and more

Douglas Elliman announced the closing of a $50 million growth investment from Kennedy Lewis Investment Management, a leading credit-focused alternative asset management firm. This investment enhances Douglas Elliman’s balance sheet to drive its strategic growth and expansion.

Co-Created is a venture development studio that partners with organizations to identify, explore, build, and launch innovative new businesses. Since 2010, Co-Created has partnered with over 70 companies to help bring more than 100 concepts to market. Pulse 2.0 interviewed Co-Created Partner Ron J. Williams to learn more.

Thiozen, the first company to produce clean hydrogen from "sour gas" waste streams, announced it has received $3.2 million in funding for a clean hydrogen project in Alberta, Canada. Administered by Emissions Reduction Alberta (ERA) and Alberta Innovates, this funding is part of a $57 million commitment by the Government of Alberta to support 28 projects that advance the hydrogen economy, reduce emissions, and create jobs in Alberta.

The Westly Group announced it successfully raised an oversubscribed $100 million seed fund to invest in entrepreneurs transforming the energy, mobility, building, and industrial sectors that make up more than 50% of the world’s GDP.

Astorg, a leading pan-European private equity firm, continues strengthening its investment team with two senior hires: Chris Benson will join the firm in early July as a Partner for the Mid-Cap Fund, leading the Business Services sector across Europe and responsible for coverage in the UK, and Daniel Pang will join the Healthcare team as a Managing Director for the Flagship Fund.

Akin has announced that capital markets partner Bryan Flannery has joined the firm’s Houston office. And he joined the firm from Kirkland & Ellis, where he was a partner.

Financial advisor Michael Cruz has recently joined the branch channel of Ameriprise Financial from Wells Fargo Clearing Services with $100 million in assets in Temecula, California.

Leading private markets investment management firm Hamilton Lane announced the final closing of Hamilton Lane Secondary Fund VI with $5.6 billion in commitments, marking the largest fundraiser in the firm's history.

Stifel Financial announced that veteran wealth management executive Jeff Markham has joined the firm’s Stifel, Nicolaus & Company broker-dealer subsidiary as Managing Director.

EpilepsyGTx, a biotechnology company focused on the research and development of gene therapies to treat focal refractory epilepsy, announced it has raised $10 million in seed funding. The funding was led by the UCL Technology Fund, with participation from Health Technology Holding.

Raymond James announced it welcomed financial advisor Anthony Losh, CFP, CRPCTM, CRPSTM, to the firm's employee advisor channel Raymond James & Associates (RJA) in Stuart, Florida. This was revealed by Tom Walrond, Eastern division director for RJA.

LPL Financial announced that financial advisor W. Scott Hengerer, CMFC, CRPC, has joined LPL Financial’s broker-dealer, RIA and custodial platforms to launch a new independent practice called James River Private Wealth. And he reported serving approximately $160 million in advisory, brokerage and retirement plan assets and joins LPL from Ameriprise.

NXT Capital, a subsidiary of ORIX USA, announced it has entered into a strategic investment partnership with Cresset Partners. Cresset is the private investment arm of Cresset Capital, a $50 billion wealth management and multi-family office platform. The bespoke program provides individuals and family offices on Cresset’s platform with access to direct private lower middle market investment opportunities.

TMRW Sports, a company focused on building progressive approaches in sports, media, and entertainment, announced the closing of its Series A investment round. The funding round was co-led by Dynasty Equity, which recently closed a strategic minority investment in Liverpool FC, and Connect Ventures - which co-led the initial fundraising round for TMRW Sports and included participation from other leading institutional investors, sports team owners, business leaders, etc. TMRW Sports was founded by Tiger Woods, Rory McIlroy, and Mike McCarley.

Wealth management platform AssetMark (a wholly owned subsidiary of AssetMark Financial Holdings and a Registered Investment Adviser) announced a strategic alliance with Morningstar Wealth (a division of independent investing insights firm Morningstar).

Baldwin Brothers, a fifty-year legacy wealth and investment management firm based in southeastern Massachusetts with just under $2.3 billion of assets under management, announced the acquisition of the assets of KLR Investment Advisors, an elite wealth management firm based out of Providence, Rhode Island.