Archives

Spiritune: This Company Built A Music Therapy Application That Impacts Over A $200 Billion Market

By Amit Chowdhry ● Oct 18, 2023

Spiritune is a company taking a data-driven and scientific approach to music and brain health by creating and delivering audio solutions in the form of emotionally targeted listening programs for stress reduction, emotional well-being, productivity, and performance. Pulse 2.0 interviewed Spiritune founder Jamie Pabst to learn more.

Aurigo: Providing Cloud-Based Solutions For Capital Infrastructure Companies In A $10 Billion Market

By Amit Chowdhry ● Oct 18, 2023

Aurigo is a company that provides modern and cloud-based solutions for capital infrastructure and private owners to help them plan with confidence, build with quality, and maintain their assets efficiently. With more than $300 billion of capital programs under management, Aurigo’s solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and government on over 40,000 projects across North America. Founded in 2003, Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada and India. Pulse 2.0 interviewed Aurigo Software Technologies founder and CEO Balaji Sreenivasan to learn more.

Revolear: How This Company Enables Collaboration Between Buyers And Sellers

By Amit Chowdhry ● Oct 18, 2023

Revolear is a cutting-edge digital deal platform that transforms the way companies conduct business by enabling seamless collaboration between buyers, sellers, and other stakeholders. Pulse 2.0 interviewed Revolear founder and CEO Raja Singh to learn more.

Ditto: How This Distributed Data Platform Company Is Transforming A $100 Billion Market

By Amit Chowdhry ● Oct 18, 2023

Ditto is a distributed data platform company that syncs data from edge to cloud even without connectivity. Pulse 2.0 interviewed Ditto CEO and co-founder Adam Fish to learn more about the company.

Cartwheel Studio And The University Of Arkansas Office of Entrepreneurship and Innovation Launching Bounds Accelerator

By Amit Chowdhry ● Oct 18, 2023

Cartwheel Studio and the University of Arkansas Office of Entrepreneurship and Innovation are launching the Bounds Accelerator, an Arkansas-based startup accelerator that utilizes emerging technologies like blockchain, artificial intelligence, augmented reality, and virtual reality.

Why Thermo Fisher Scientific Is Buying Olink In A $3.1 Billion Deal

By Amit Chowdhry ● Oct 18, 2023

Thermo Fisher Scientific and Olink Holding AB, a leading provider of next-generation proteomics solutions, announced that their respective boards of directors had approved Thermo Fisher’s proposal to acquire Olink for $26 per common share in cash, representing $26 per American Depositary Share (ADS) in cash. This represents a premium of about 74% to the closing price of Olink’s American Depositary Shares that traded on NASDAQ on October 16, 2023, which was the last trading day prior to the announcement of the transaction.

JetCool: Data Center Liquid Cooling Company Raises $17 Million

By Amit Chowdhry ● Oct 18, 2023

JetCool - a leading liquid cooling company for data centers - recently announced the successful closure of a $17 million Series A funding round. The funding round - which was led by Bosch Ventures (the corporate venture capital arm of the Bosch Group) - includes participation from leading technology investors such as In-Q-Tel, Raptor Group, and Schooner Capital.

SwiftConnect: Connected Access Enablement Company Closes $10 Million

By Amit Chowdhry ● Oct 18, 2023

SwiftConnect - a leading provider of connected access enablement - recently announced the successful closing of an oversubscribed funding of $10 million. The new funding round fuels SwiftConnect’s continued growth and validated strong investor confidence in its accelerated market traction.

KINO: Over $2 Million Raised To Transform Entertainment Economics

By Annie Baker ● Oct 18, 2023

KINO - a company that is reshaping entertainment economics through technology - announced an oversubscribed pre-seed funding round, raising $2 million.

VedaBio: Over $40 Million Raised To Transform Molecular Detection

By Noah Long ● Oct 17, 2023

VedaBio - the biotechnology company driving a paradigm shift in molecular detection - launched today with initial funding of over $40 million backed by lead investor OMX Ventures along with a select group of family offices, including Kleinmuntz Associates.

Carefull: AI-Powered Financial Safety Platform Company Closes $16.5 Million

By Annie Baker ● Oct 17, 2023

Carefull - an AI-powered financial safety platform that helps banks and wealth advisors protect aging customers from scams and money mistakes - recently announced that it has closed its Series A round with $16.5 million in funding.

ScyllaDB: $43 Million Secured To Scale Data-Intensive Apps With High Throughput And Low Latency

By Annie Baker ● Oct 17, 2023

ScyllaDB - the database for data-intensive apps that require high throughput and predictable low latency - recently announced that it has raised $43 million in funding, led by global VC Eight Roads Ventures and AB Private Credit Investors, the private corporate credit and growth stage capital platform of AllianceBernstein. And additional investors in ScyllaDB include TLV partners, Magma Ventures, and Qualcomm Ventures. These funds will enable ScyllaDB to accelerate its momentum with MongoDB customers dealing with scale.

Cecilian Partners Receives Growth Funding From Perot Jain

By Amit Chowdhry ● Oct 17, 2023

Cecilian Partners - a company that collaborates with land developers and homebuilders across the U.S. who aspire to modernize their digital footprint and ease everyday pain points associated with building and buying homes - announced that it has secured growth capital from Perot Jain, the leading Dallas-based venture capital firm focused on industry-disrupting companies and tech.

Buoyant Reveals Linkerd Enterprise, The First-Ever Commercial Distribution Of The Open-Source Service Mesh

By Amit Chowdhry ● Oct 17, 2023

Buoyant - the creator of Linkerd - has announced Linkerd Enterprise, the first commercial distribution of Linkerd designed to meet the unique demands of today's enterprise adopters. Linkerd Enterprise extends the popular open-source Linkerd project with more enterprise-only capabilities, including zero trust and FIPS 140-2 compliance, which is a powerful new cost-aware load balancer, lifecycle automation, etc.

CNaught: Carbon Credits Seller Company Secures $2.25 Million

By Noah Long ● Oct 17, 2023

CNaught - the first science-based and trust-centered seller of carbon credits - recently announced a $2.25 million pre-seed round led by Greycroft. The additional participating investors include Carthona Capital, Long Run Capital and several angel investors.

Game Of Silks: Blockchain Gaming Platform Company Raises $5 Million

By Dan Anderson ● Oct 17, 2023

Game of Silks - the first blockchain gaming platform to mirror the real world of thoroughbred horse racing - recently announced that it has closed its Series Seed 2 round, raising $5 million from a prominent group of strategic investors. With funding for blockchain gaming at a virtual standstill, this funding round solidifies Silks’ standing as a leader in the rapidly growing category of blockchain fantasy sports, and it establishes the company as the definitive blockchain gaming platform for the sport of horse racing.

Capital Rx: Over $50 Million Raised To Improve Drug Price Visibility

By Annie Baker ● Oct 17, 2023

Capital Rx - a full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing healthcare infrastructure to improve drug price visibility and patient outcomes - recently announced the closing of a strategic investment round totaling over $50 million with participation from more than 10 of the leading health systems in the nation, including Atlantic Health System, Banner Health, Hawai'i Pacific Health, Inova Health System, Lehigh Valley Health Network, Memorial Hermann Health System, Nebraska Medicine, Novant Health, Ochsner Health, WellSpan Health, Transformation Capital, and several others.

Goodhood: $2.6 Million Secured To Deliver Convenient Car Maintenance And Repair Services

By Amit Chowdhry ● Oct 17, 2023

Goodhood - a subscription-based tech company transforming the auto maintenance and repair industry - recently announced it has rebranded and raised $2.6 million in seed funding. Bullish led the funding round with participation from existing investors Okapi Capital and Mucker Capital. And new investors include New Age Ventures, Kubera Venture Capital, and Impact Ventures, as well as other executives as angels.

Bedrock Energy: $8.5 Million Raised To Build Geothermal Heating And Cooling Systems

By Annie Baker ● Oct 17, 2023

Bedrock Energy - a technology startup that designs, constructs, and delivers geothermal heating and cooling systems - recently announced $8.5 million in seed capital. The financing round is led by Wireframe Ventures, with participation from Overture Climate VC, Long Journey Ventures, Cantos, Toba Capital, First Star Ventures, Divergent Capital, and Climate Capital. The funding will speed up manufacturing and deployment of technologies that improve the economics of all-electric geothermal HVAC systems, helping real estate properties achieve Net Zero operations.

Conveyor: $12.5 Million Raised To Scale Customer Security Reviews

By Dan Anderson ● Oct 17, 2023

Conveyor - a leading AI-powered platform that streamlines, automates, and scales customer security reviews - recently announced a $12.5 million Series A investment round led by Cervin Ventures. This funding round will support Conveyor's growth, expand its team, and advance the company's generative AI solution for accurately conveying a customer's security posture in seconds instead of weeks.

Formant: Robotics Data And Operations Platform Company Secures $21 Million

By Amit Chowdhry ● Oct 17, 2023

Formant - a leading robotics data and operations platform - recently announced the completion of a $21 million funding round. The funding round was led by BMW i Ventures, with participation from new investors Intel Capital, GS Futures, and previous investors, including SignalFire, Hillsven, Pelion Ventures, Holman, Ericsson, Goodyear Ventures, PICUS Capital and Thursday Ventures.

Goodwrx Receives $4 Million In Funding From Advantage Capital

By Noah Long ● Oct 17, 2023

Advantage Capital - a leading impact investing firm - recently announced a $4 million investment in Goodwrx, a Las Vegas-based company providing a tech-enabled platform that pairs hospitality workers with employers looking to supplement their existing workforce. Goodwrx’s platform provides a solution to a problem rooted in a historically inefficient hospitality labor market. This platform enables employers to staff shifts that might otherwise go unfilled and provides hospitality workers more opportunities to reach full employment.

HaiLa Technologies: Canadian Fabless Semiconductor Company Raises $10.35 Million

By Noah Long ● Oct 17, 2023

HaiLa Technologies - a Canadian fabless semiconductor and software company developing highly power-efficient radio communications solutions - recently announced that it has raised $10.35 million from new strategic investor Murata Electronics and the entire group of existing investors including Stanford University, Mika, Ecofuel Fund, Chrysalix, and TandemLaunch.

Intento: Machine Translation And Multilingual Generative AI Platform Raises $8 Million

By Dan Anderson ● Oct 17, 2023

Intento - a leading machine translation and multilingual generative AI platform for global enterprises - recently announced an $8 million Series A funding round today. The funding round - led by Somersault Ventures, with additional participation from I2BF Global Ventures, Flint Capital, Scorpio Capital, Courtyard Ventures, Davidovs Venture Capital, and existing investors - will be used to scale company operations amid significant growth, expand sales and marketing efforts, and introduce a new version of the Intento platform.

Jam & Tea: Game Studio Company Secures $3.15 Million

By Annie Baker ● Oct 17, 2023

Jam & Tea Studios recently announced that it had raised over $3m in seed funding to pioneer a new generation of multiplayer role-playing video games. This funding round was led by games sector expert London Venture Partners, with participation from Sisu Game Ventures and 1Up Ventures.

Regeneration.VC: How This Venture Firm Is Supercharging Consumer-Powered Climate Innovation

By Amit Chowdhry ● Oct 17, 2023

Regeneration.VC is an early-stage venture fund that is Supercharging Consumer-Powered Climate Innovation driven by circular and regenerative principles. Pulse 2.0 interviewed Regeneration.VC Michael Smith to learn more.

VeriSIM Life: This Company Is Building AI-Enabled Biosimulation Models In Over A $28 Billion Market

By Amit Chowdhry ● Oct 17, 2023

VeriSIM Life is a company that is building AI-enabled biosimulation models. And VeriSIM is tackling one of the biggest obstacles of drug development: animal testing for drug development. Animal testing is slow, ethically questionable, and doesn't act as much of a filter: 92% of all drug candidates that pass this preclinical testing never make it to market. Pulse 2.0 interviewed VeriSIM Life founder and CEO Jo Varshney to learn more.

Pair Eyewear: D2C Customizable Eyewear Company Secures $75 Million

By Annie Baker ● Oct 16, 2023

Pair Eyewear - the first direct-to-consumer customizable eyewear brand completely reimagining the eyewear industry - recently announced that it has raised approximately $75 million in Series C funding.

Atana: eLearning Provider Company Raises $6 Million

By Annie Baker ● Oct 16, 2023

Media Partners Corporation - an eLearning provider committed to helping organizations build safe and respectful work environments - recently unveiled its rebrand to Atana. And with the successful completion of the final $6 million phase of the $16 million Series A financing, led by national family offices and members of the Alliance of Angels, Atana is ready to expand its market presence by providing groundbreaking AI-driven insights through a blend of high-quality training content and targeted behavioral assessments within each eLearning course.

SOTAI: $2 Million Secured To Make AI Transparent And Accessible

By Noah Long ● Oct 16, 2023

SOTAI - a company with a vision to make artificial intelligence transparent and accessible to all - recently announced the successful closure of a $2 million seed funding round. The funding round was led by Four Rivers, a venture capital firm renowned for its investments in cloud infrastructure and developer services.