Archives

ADP: Corporate Venture Capital Fund Launched

By Amit Chowdhry ● Oct 11, 2023

ADP - a leading global technology company providing human capital management (HCM) solutions - recently announced the launch of its corporate venture capital arm and innovation lab ADP Ventures. ADP Venture's goal is to enhance and strengthen ADP's core business, create offerings in new adjacent segments and geographies, and develop new assets to monetize markets and segments beyond HCM.

Revio: $2.5 Million Raised To Transform Bank Data Into Actionable Opportunities

By Dan Anderson ● Oct 11, 2023

Revio recently announced $2.5 million in Series A venture funding led by BankTech Ventures and EJF Ventures. The funding round will enable Revio to accelerate the adoption of its growth-focused, customer-insights platform. And Revio’s platform enables community and regional financial institutions to identify actionable opportunities to grow relationships and increase customer retention, lifetime value, and profitability.

Vayu Robotics: $12.7 Million Raised To Develop High-Quality Low-Cost Robotics Solutions

By Amit Chowdhry ● Oct 10, 2023

Vayu Robotics - an AI company providing high-quality, low-cost robotics solutions - recently announced the closure of its seed financing round of $12.7 Million led by Khosla Ventures, with participation from Lockheed Martin Ventures, ReMY Investors, and others.

Laudio Ramps Up Marketing And Sales With New Leadership Team

By Amit Chowdhry ● Oct 10, 2023

Laudio - an innovator in frontline leader solutions that drive efficiency and engagement for health systems - recently announced the appointment of Emma Smith as Chief Marketing Officer. And the company also hired Michael Vipond as Executive Vice President of Sales.

Frec: $26.4 Million Raised To Automate Self-Service Investment Products

By Noah Long ● Oct 10, 2023

Frec revealed it has $26.4 million in seed and Series A funding led by Greylock with participation from Social Leverage and others along with other major announcements.

NexGami: Web3 Game Publisher Company Secures $2 Million

By Annie Baker ● Oct 10, 2023

NexGami - a pioneering force in the vibrant landscape of gamefi- recently announced the completion of a $2 million seed funding round, marking a pivotal moment in the company's journey.

Federal Reserve: FedNow Service Now Has Over 100 Participating Organizations

By Amit Chowdhry ● Oct 10, 2023

The Federal Reserve recently announced that the FedNow Service has experienced strong growth following its launch in July 2023, with 108 institutions now sending and receiving on the network.

Helios: $1.85 Million Funding Raised And Cersi Launches

By Amit Chowdhry ● Oct 10, 2023

Helios has secured $1.85 million in pre-seed funding led by Supply Change Capital with participation from January Ventures.

Bonsai Robotics: $13.5 Million Raised To Provide Automation Solutions For Off-Road Environments

By Annie Baker ● Oct 10, 2023

Bonsai Robotics - a company that provides the first computer vision-based automation solutions for harsh off-road environments - recently announced that it has raised a $13.5 million seed round led by Acre Venture Partners.

CTERA Launches Fusion To Provide Unified File And Object Data Access

By Amit Chowdhry ● Oct 10, 2023

CTERA - a leader in distributed cloud file services - recently announced CTERA Fusion, a new capability built into the CTERA Enterprise File Services Platform - providing unified file and object data access. CTERA is the first to introduce a global file system to the marketplace with simultaneous SMB, NFS, and S3 access to the same data set.

Visa: $100 Million Generative AI Ventures Initiative Launches

By Amit Chowdhry ● Oct 10, 2023

Visa recently announced a new $100 million generative AI ventures initiative for investing in the next generation of companies focused on developing generative AI technologies and applications that will impact the future of commerce and payments.

Clear Street: Steve Bisgay Hired As CFO

By Amit Chowdhry ● Oct 10, 2023

Clear Street - a New York-based independent prime broker - recently announced the appointment of Steve Bisgay as Chief Financial Officer (CFO), effective immediately.

Piccolo Medical Closes $5.5 Million For Catheter Guidance Technology

By Dan Anderson ● Oct 10, 2023

Piccolo Medical recently announced the close of a $5.5 million Series B financing led by Event Capital Strategies, a medical technology-focused investment fund based in New York.

Why Tenable Is Buying Ermetic

By Amit Chowdhry ● Oct 10, 2023

Tenable Holdings - an Exposure Management company, recently announced it has closed its acquisition of Ermetic, an innovative cloud-native application protection platform (CNAPP) company and a leading provider of cloud infrastructure entitlement management (CIEM). The deal combines two cybersecurity innovators and marks an essential milestone in Tenable’s mission to shift organizations to proactive security.

Pulumi: Open Source Infrastructure As Code Platform Secures $41 Million

By Amit Chowdhry ● Oct 10, 2023

Pulumi - a leading open source Infrastructure as Code platform - recently announced $41 million in Series C funding led by Madrona with participation from NEA, Tola Capital, and Strike Capital. This funding round brings Pulumi’s total funding to $99 million.

Front Office Sports Receives Investment From RedBird IMI

By Amit Chowdhry ● Oct 10, 2023

Front Office Sports (FOS) - a leading multi-platform media and news organization covering the business of sports - recently announced a strategic investment from RedBird IMI, a joint venture between RedBird Capital Partners and International Media Investments focused on building high-growth companies in media, entertainment, and sports.

Mogrify: $46 Million Raised To Transform Patient Lives With Vivo Reprogramming Therapies

By Annie Baker ● Oct 10, 2023

Mogrify Limited - a biopharmaceutical company transforming patients' lives through a novel class of in vivo reprogramming therapies - recently announced an additional $10 million closing of its Series A financing, bringing the total raised to $46 million in this round.

Cultivate Power: Distributed Solar And Storage Project Developer Secures $10 Million

By Noah Long ● Oct 10, 2023

Cultivate Power - a distributed solar and storage project developer committed to strengthening communities, the grid, and climate stability - recently announced it has secured a corporate equity investment of $10 million from Generate Capital.

Kafene: Point-Of-Sale Financing Platform Company Raises $12.6 Million

By Dan Anderson ● Oct 10, 2023

Kafene - a point-of-sale financing platform that helps offer underserved consumers more flexible purchase options through transparent lease-to-own (LTO) agreements - recently announced it extended its Series B round to include an additional $12.6 million in new equity capital.

PerfectScale: $7.1 Million Raised To Transform Kubernetes Optimization

By Amit Chowdhry ● Oct 10, 2023

PerfectScale - a leader in Kubernetes optimization - recently announced that the company has successfully closed $7.1 million in seed funding led by Blumberg Capital with participation from previous investor UpWest, Prelude Ventures, and additional investors K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures. This latest funding round brings the company’s total funding to nearly $10 million since it was founded in March 2022.

Health Data Analytics Institute: $31 Million Secured To Improve Patient Outcomes

By Annie Baker ● Oct 10, 2023

Health Data Analytics Institute (HDAI)— an AI company focused on empowering clinicians, optimizing care pathways, and improving patient outcomes — recently announced an oversubscribed $31 million Series C funding round to scale its predictive risk platform.

AI Clearing: Autonomous Construction Progress Tracking Company Raises $14 Million

By Dan Anderson ● Oct 10, 2023

AI Clearing - an AI-powered autonomous construction progress tracking and quality control platform - recently announced its $14 million Series A funding round.

Qube Technologies: Series B Funding Raised From Riverbend Energy Group

By Dan Anderson ● Oct 10, 2023

Qube Technologies - a global leader in cost-effective and accurate continuous emissions monitoring technology - recently announced it has secured Series B funding from Riverbend Energy Group.

Farther: Wealth Management Firm Raises $31 Million At $131 Million Valuation

By Annie Baker ● Oct 10, 2023

Farther – a leading technology-centric wealth management firm – recently announced the successful closing of its oversubscribed Series B, securing $31 million in investments for the round. This achievement propelled the firm's valuation to $131 million, marking a 2.5x increase compared to its previous valuation – within about one year since the successful completion of its Series A funding round.

Endolith: $1.1 Million Grant To Harness Microbes For Sustainable Mining

By Annie Baker ● Oct 10, 2023

Endolith - a prominent subsidiary of Cemvita - recently announced its success in securing a $1.1 million grant from the Department of Energy (DOE) to harness microbes for sustainable mining.

Health Data Innovations: Strategic Investment From Hughes & Company Raised

By Dan Anderson ● Oct 10, 2023

Health Data Innovations, LLC (HDI) - a leading healthcare data integration platform serving value-based care providers and payers - recently announced a strategic investment from Hughes & Company, a Chicago-based private equity firm focused on healthcare software and technology-enabled services. Bowen acted as an exclusive financial advisor to HDI.

Chai: Strategic Investment Raised At $450 Million Valuation Cap

By Noah Long ● Oct 10, 2023

Chai - a leading social AI platform - recently announced that it has closed a strategic investment with CoreWeave, a specialized cloud provider of large-scale GPU-accelerated workloads. This deal caps Chai's valuation at $450 million.

Evergrow: First Funding Of Clean Energy Tax Credit Transfer Completed

By Amit Chowdhry ● Oct 10, 2023

Clean energy finance company Evergrow announced today that it has completed the funding of a clean energy tax credit transfer on its platform. This announcement comes on the heels of the recent publication of tax credit transfer guidance by the IRS and the recent report by Bank of America of its commitment to purchase $580 million of clean energy tax credits.

Nile: Delivering Network Independence Through A Self-Sufficient System In A $100 Billion Market

By Amit Chowdhry ● Oct 10, 2023

Nile is a company that delivers network independence through a system so disruptively simple - designed to care for itself, reject threats, unleash productivity and instill peace-of-mind. Pulse 2.0 interviewed Nile co-founder and CEO Pankaj Patel to learn more.

AlphaSense: Market Intelligence Company Raises $150 Million At $2.5 Billion Valuation

By Amit Chowdhry ● Oct 9, 2023

AlphaSense - a leading market intelligence and search platform - recently announced its $150 million Series E financing round, led by BOND and joined by existing investors, including Alphabet's CapitalG, Viking Global Investors, and Goldman Sachs. The funding round brings AlphaSense's valuation to $2.5 billion.