Archives

Stengel Hill Architecture: Strategic Investment Raised From Godspeed Capital

By Noah Long ● Oct 24, 2023

Stengel Hill Architecture - a full-service architecture and interior design firm specializing in complex healthcare facilities - recently announced that it has received a strategic investment from Godspeed Capital Management LP, a lower middle-market Defense & Government services, solutions, and technology-focused private equity firm.

Creative Force: $8.9 Million Raised To Help Retailers And Brands Increase Creative Production

By Annie Baker ● Oct 24, 2023

Creative Force - a leading end-to-end creative operations workflow platform for e-commerce retailers and brands - recently announced it has raised $8.9 million in Series A funding from Export and Investment Fund of Denmark (EIFO) and Hearst Ventures (the global venture capital division of Hearst). The new funding round brings Creative Force’s total funding to $17.9 million.

Graycliff Partners: $600 Million Buyout Single Closing Held

By Amit Chowdhry ● Oct 24, 2023

Graycliff Partners LP recently announced the closing of the firm’s fifth lower middle market private equity fund, Graycliff Private Equity Partners V. This oversubscribed Fund was closed at its hard cap of $600 million in limited partner commitments in a single closing and included significant additional commitments from Graycliff’s partners and employees. The fundraising was completed in less than four months with support from both existing and new investors.

Hamilton Lane: $290 Million Of Total Capital Closed For Two Funds

By Annie Baker ● Oct 24, 2023

Hamilton Lane - a leading private markets investment management firm - recently announced the final closing of Hamilton Lane National Small Business Credit Fund, L.P. and Hamilton Lane New York SBIC Fund II, L.P. Together, these funds total $290 million in size with commitments from leading institutional investors across the United States.

InfoBionic: Digital Health Company Raises Series D Funding Round

By Noah Long ● Oct 24, 2023

InfoBionic - a digital health company focused on virtual telemetry and cardiac remote patient monitoring - recently announced the initial closing of its Series D financing round to support continued domestic growth and international expansion of its newly FDA approved MoMe ARC system for virtual telemetry and remote wireless monitoring and detection of cardiac arrhythmias.

Pantomath: Data Pipeline Observability And Traceability Platform Company Closes $14 Million

By Amit Chowdhry ● Oct 24, 2023

Pantomath - a data pipeline observability and traceability platform - recently announced that it completed $14 million in Series A funding in early September, led by Sierra Ventures and included Series Seed investors Bowery Capital and Epic Ventures. The company has now raised $18 million in only 16 months. This additional funding will be used to innovate through AI and expand to new territories.

Leucine: $7 Million Closed To Digitize Pharmaceutical Manufacturing

By Amit Chowdhry ● Oct 24, 2023

Leucine recently announced a $7 million series A Funding round led by strategic investor EcoLab - which will scale its Compliance Cloud platform globally. This funding round also saw participation from all existing investors, including Pravega Ventures, Axilor Ventures, Techstars, and angels.

Modifi Bio: $4.3 Million In Seed Funding Secured To Target Cancer Using DNA Modification

By Noah Long ● Oct 24, 2023

Modifi Biosciences - a leader in DNA modification as a novel approach to target cancer - recently announced the closing of $4.3 million in a second round of seed financing, bringing the total raised to date to $10.7 million. This funding round included existing investors Connecticut Innovation, HighCape Capital, Advantage Capital (Ironwood), and the National Brain Tumor Society while also adding new investors Pathway BioVentures, The Sontag Foundation, and BrightEdge, the impact investment and innovation arm of the American Cancer Society.

NexPhase Capital: Oversubscribed Fund V Closed At Over $795 Million

By Dan Anderson ● Oct 24, 2023

NexPhase Capital, LP - a thematically driven and operationally focused private equity firm - recently announced it has successfully closed NexPhase Capital Fund V (NPC V) with over $795 million of capital commitments, exceeding the fund's target of $750 million and representing a more than 45% increase in size from its predecessor fund NexPhase Capital Fund IV. NPC V was oversubscribed with robust backing from existing investors and major support from a diverse base of new investors.

Shield Capital: $186 Million Inaugural Venture Capital Fund Closed

By Annie Baker ● Oct 24, 2023

Shield Capital recently announced the final closing of its inaugural fund focused on early-stage venture capital investments. And Shield Capital Fund I, L.P. closed oversubscribed at 55% above target with $186 million of capital commitments from a broad representation of institutional and private investors.

Upland: web3 Metaverse Super App Closes $7 Million

By Annie Baker ● Oct 23, 2023

Upland - the web3 Metaverse Super App - recently announced an extension to its Series A funding, securing an additional $7 million. This recent funding round further positions Upland as one of the most widely-used web3 apps, with over 3 million registered accounts on the EOS blockchain and nearly 300,000 virtual property owners, greatly outpacing its competition. The Series A extension adds EOS Network Ventures as a new investor and participation from existing investors C3 Venture Capital, Animoca Brands, and angel investors.

FCP Euro: Online Auto Parts Retailer Company Raises $25 Million

By Annie Baker ● Oct 23, 2023

Connecticut-based online auto parts retailer FCP Euro has completed a Series A financing round totaling $25 million. The minority investment will expand the company's footprint across new geographies, bolstering its commitment to delivering unparalleled quality European car parts to a broader audience.

AnySignal: Multi-Domain Radio Platform Company Secures $5 Million In Seed Funding

By Noah Long ● Oct 23, 2023

AnySignal - a leading technology company building a radiofrequency (RF) connectivity and sensing platform for industrial, aerospace, and defense markets - recently announced it closed an oversubscribed $5 million seed round. This funding round will be used to execute a considerable backlog of commercial and government contracts.

Why GameSquare Is Buying FaZe Clan

By Annie Baker ● Oct 23, 2023

GameSquare Holdings and FaZe Holdings announced that the two companies have entered into a definitive agreement under which GameSquare will acquire FaZe Clan in an arm's length all-stock transaction. The deal brings together two complementary businesses to create one of the world's leading content, media, and entertainment companies focused on gaming, esports, and youth culture.

Aquarian Acquires Minority Stake In Obra Capital

By Noah Long ● Oct 23, 2023

Obra Capital (a specialized alternative asset management firm) recently announced that Aquarian Holdings will join as a strategic partner and has acquired a minority equity ownership stake, replacing Reverence Capital - who has been an investor since 2019. RedBird Capital is going to maintain its current ownership stake. The financial terms were not disclosed.

Happy Head: How This Telemedicine Provider Helps Customers With Hair Restoration In A $25 Billion Market

By Amit Chowdhry ● Oct 23, 2023

Happy Head is a telemedicine provider of dermatologist-prescribed customized hair medicine and treatments. Pulse 2.0 interviewed Happy Head co-founder Dr. Ben Behnam to learn more.

AIM-HI Accelerator Fund Reveals 2023 Women’s Venture Competition Top Winners

By Amit Chowdhry ● Oct 23, 2023

The AIM-HI Accelerator Fund recently announced that the winners of the 2023 Women’s Venture Competition are March Biosciences and its CEO, Sarah Hein, PhD as the First Prize with Distinction, and Degron Therapeutics and its Co-founder and CEO, Lily Zou, Ph.D., MBA as the Second Prize. The blue-ribbon judge committee members selected them from 71 female-led and early-stage oncology companies across 15 countries.

Stash: Investing App Company Secures $40 Million

By Annie Baker ● Oct 23, 2023

Stash recently revealed a record-breaking year and the company also announced that renowned CFO and advisor Amy Butte as the company’s first-ever independent audit chair. And Stash also announced the infusion of $40 million led by funds and accounts advised by T. Rowe Price Investment Management, with a mix of strategic and existing investors, including Goodwater Capital and Union Square Ventures. With new leaders and a new round of financing, Stash enters its next growth phase with a focus on profitability.

Morty: $2.2 Million Raised To Help Find Escape Rooms And Haunted Attractions

By Amit Chowdhry ● Oct 23, 2023

Morty - a company that helps people discover the best escape rooms and haunted attractions - recently announced that it has raised over $2.2 million. Morty co-founder and CEO Andy Bauch told Pulse 2.0 that the company is creating the ultimate social copilot for you and your friends by helping you find unique interactive experiences.

Chevron Buying Hess In A $53 Billion Deal: Details

By Amit Chowdhry ● Oct 23, 2023

Chevron Corporation announced today it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion (or $171 per share based on Chevron’s closing price on October 20, 2023). And under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The transaction's total enterprise value, including debt, is $60 billion.

KindWorks.AI: $1.5 Million Oversubscribed Pre-Seed Round Raised

By Noah Long ● Oct 22, 2023

KindWorks.AI has announced that it has closed an oversubscribed pre-seed round of over $1.5 million. And KindWorks’ platform encourages and enables the practice of Kindness to increase connectivity, well-being, and results. This platform is built with AI and behavioral science to bring personal Kindness exercises to individuals.

ABS Capital: First Continuation Fund Closed

By Annie Baker ● Oct 22, 2023

ABS Capital - a leading growth equity firm with more than three decades of experience scaling software and tech-enabled B2B businesses - announced the completion of a GP-led secondary transaction based around two of its portfolio companies: LabConnect and Viventium Software.

PickNik Robotics: $2 Million Raised To Bring Robot Arms Out Of Factories

By Annie Baker ● Oct 21, 2023

PickNik Robotics - The Unstructured Robotics Company - announced a major milestone in its goal to bring robot arms out of factories and into our everyday lives. This company has just raised $2 million in a pre-seed investment round led by Stellar Ventures and Cypress Growth Capital - positioning itself as the dominant force in redefining the robotics industry.

Scope3: $20 Million Raised To Decarbonize Media And Advertising

By Amit Chowdhry ● Oct 21, 2023

Scope3 - a collaborative sustainability platform decarbonizing media and advertising - recently announced a $20 million Series B funding round led by GV. The additional investors in this round include Room40 Ventures and Venrock.

Zolve: $100 Million Warehouse Debt Facility To Help Immigrants Gain Access To Financial Services

By Annie Baker ● Oct 21, 2023

Zolve - a cross-border neobank helping immigrants worldwide gain access to financial services - recently announced that it has secured a warehouse debt facility of up to $100 million from Community Investment Management (CIM).

Prevounce Health: Remote Care Management Company Extends Series A To $7 Million

By Dan Anderson ● Oct 21, 2023

Prevounce Health - a leading provider of remote care management software, devices, and services - recently announced the closing of $2.5 million in new Series A funding led by Cloud Hill Partners and Michael Hammond, former co-founder of Hammond Hanlon Camp LLC and H2C Securities, with participation from additional returning investors. The company has now raised $7 million in total Series A funding and will use the latest funding round to advance its product and service offerings and scale its team to meet growing market demand.

Toptal Acquires No-Code Network Company WeLoveNoCode

By Amit Chowdhry ● Oct 21, 2023

Toptal - an exclusive network of the top freelance software developers, designers, finance experts, product managers, and project managers worldwide - has acquired the no-code network company WeLoveNoCode (WLNC). In an email sent to Pulse 2.0, WeLoveNoCode founder and Thiel Fellow Nik Shevchenko said that WeLoveNoCode raised $3 million before the acquisition.

Mojo Vision: High-Performance Micro-LED Company Secures $43.5 Million

By Annie Baker ● Oct 20, 2023

Mojo Vision - a high-performance micro-LED company - recently announced a final close of its $43.5 million new Series A investment round to advance its micro-LED display technology across applications and bring it to commercialization. This funding round was led by long-time investors New Enterprise Associates (NEA) and Khosla Ventures, and new investor Vanedge Capital, with participation from Shanda Grab Ventures, Dolby Family Ventures, Advantech Capital, Liberty Global Ventures, Drew Perkins, Fusion Fund, Open Field Capital and Knollwood Investment Fund.

Pair Team: Virtual And Community-Based Primary Care Solution Company Raises $9 Million

By Noah Long ● Oct 20, 2023

Pair Team - a virtual and community-based primary care solution connecting Medicaid's highest-risk patients to high-quality care - recently announced it has raised $9 million in Series A funding. The funding round was led by NEXT VENTURES, with participation from PTX Capital, Kapor Capital, Kleiner Perkins, Y Combinator, and several healthcare angel investors including Jay Desai.

MedaSystems: Seed Funding Raised For Modernizing Access To Investigational Medicine

By Noah Long ● Oct 20, 2023

MedaSystems - a developer of the only purpose-built pharma-physician network to provide patients with access to pre-approval medicine - recently announced the completion of a seed funding round. Participants in the round include a mix of strategic angel and health tech venture investors, with prior track records of founding and funding successful SaaS health companies, including Young Sohn, a founder of Veeva Systems, Vlocity, and Nomadic Systems; nina.capital, a specialist healthtech venture capital fund based in Barcelona; and members of the management team.