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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.

Mirantis Receives $35 Million Venture Loan Facility From Horizon Technology Finance

By Amit Chowdhry ● Oct 16, 2023

Horizon Technology Finance - a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries - recently announced it has provided a $35 million venture loan facility to Mirantis, of which $20 million has been initially funded.

Scription: Commercial Maintenance Company Closes $2.5 Million In Funding

By Dan Anderson ● Oct 16, 2023

Scription - a dynamic player in commercial maintenance - recently announced it closed $2.5 million in funding. This significant funding round marks a pivotal moment in addressing a critical challenge within the industry: the prevalence of equipment breakdowns repaired at hourly labor rates, creating disincentives for efficient repairs as maintenance companies often benefit financially from equipment failures.

Agomab: $100 Million Raised To Develop Treatments For Resolving Fibrosis

By Annie Baker ● Oct 16, 2023

Agomab Therapeutics NV recently announced the closing of a $100 million (€94.9 million) Series C financing round led by Fidelity Management & Research Company, with participation from new investors EQT Life Sciences (EQT), Canaan, Dawn Biopharma, a platform controlled by KKR, and existing investors.

Shield Capital: $186 Million Inaugural Fund Closed

By Amit Chowdhry ● Oct 16, 2023

Shield Capital has announced the final closing of its inaugural fund focused on early-stage venture capital investments. 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. Shield Capital managing partners Philip Bilden and Raj Shah launched SHIELD in 2021 to support innovators to secure the future in AI, autonomy, cybersecurity, and space.

REPUBLIK: $6 Million Closed To Connect Creators To Their Communities

By Annie Baker ● Oct 16, 2023

REPUBLIK, a global technology company building new ways for people to interact, recently announced the successful conclusion of its $6 million seed funding round. The funding round also saw participation from leading investors, including OKX Ventures, 6th Man Ventures, Arcane Ventures, CMS Holdings, Comma3 Ventures, Define Ventures, Enjin, FBG Capital, HTX Ventures, Mirana Ventures, Oracles Investment Group, Signum Capital, Sora Ventures, and UOB Venture Management.

Plan Forward: Dental Software Company Lands $2 Million In Series B

By Noah Long ● Oct 16, 2023

Plan Forward - a leading dental software company enabling dental practices to offer an alternative payment method to their uninsured patients - recently announced it has raised $2 million in Seed B financing led by Elevate Ventures, with IU Ventures and Revere Partners participation.

Why Amphenol Is Buying PCTEL For About $139.7 Million

By Amit Chowdhry ● Oct 16, 2023

PCTEL - a leading global provider of wireless technology solutions - announced today that it has reached a definitive agreement to be acquired by Amphenol Corporation, one of the world’s largest providers of high-technology interconnect, sensor, and antenna solutions.

Optimize Health: Remote Healthcare Platform Company Closes $18 Million

By Annie Baker ● Oct 16, 2023

Optimize Health - one of the most trusted remote healthcare platforms in the U.S. - recently announced the completion of its latest funding round, raising more than $18 million. The Series B funding round was led by Foundry and Escalate Capital Partners, with participation from Bonfire Ventures, Daher Capital, Navigate Ventures, Attento Capital, OpenView, 500 Global, SOSV, and Jumpstart Capital.

Azul 3D: 3D Printing Company Raises $15 Million

By Dan Anderson ● Oct 16, 2023

Azul 3D - a leading-edge 3D printing startup - recently announced that it has closed a Series A transaction of $15 million from existing and new investors. The investment in the company comes from around the globe, including from DuPont (a lead investor in the Series A transaction). And other investors from the EMEA and Asia regions include Beta Lab and GS Futures.

Urban Sky: Stratospheric Technology And Remote Sensing Company Secures $9.75 Million

By Annie Baker ● Oct 16, 2023

Urban Sky - a stratospheric technology and remote sensing company - today announced an over-subscribed $9.75 million Series A financing round co-led by New Legacy Ventures, Lerer Hippeau, and Lavrock Ventures, with participation from Catapult Ventures, Union Labs VC, DA Ventures (a Denver Angels Affiliate), and TenOneTen Ventures.

Criteria: How This Talent Success Company Helps Organizations Drive Outcomes And Reduce Bias

By Amit Chowdhry ● Oct 16, 2023

Criteria is a talent success company that helps organizations make more objective and evidence-based talent decisions that reduce bias and drive outcomes. The company’s products include a comprehensive suite of rigorously validated assessments and decision-making tools that highlight the potential in every job candidate while providing an experience that candidates love. Pulse 2.0 interviewed Criteria CEO Josh Millet to learn more.

Indiana University To Invest $111 Million In Advancing Microelectronics Sector

By Amit Chowdhry ● Oct 16, 2023

Indiana University (IU) recently announced it will invest at least $111 million over the next few years to advance its national leadership in microelectronics and nanotechnology. IU's investment will boost the growth of the microelectronics industry in Indiana and across the U.S. and accelerate innovative solutions to significant national security challenges through enhanced collaboration with the Naval Surface Warfare Center, Crane Division.

minds.ai: $5.3 Million Seed Funding Raised For Optimizing Semiconductor Manufacturing Operations

By Amit Chowdhry ● Oct 16, 2023

minds.ai recently announced that it has raised $5.3 million in seed funding to drive innovation in the application of AI in semiconductor manufacturing. This funding round was led by Monta Vista Capital, with other investors, including Momenta, joining the round. In connection with the funding round, minds.ai welcomes Venkatesh Shukla from Monta Vista Capital and Michael Dolbec from Momenta to its board of directors.

Alludo: This Global Technology Company Helps People Work Better In A $41 Billion Market

By Amit Chowdhry ● Oct 16, 2023

Alludo is a global technology company that helps people work better and live better, and the company is behind several award-winning and globally recognizable brands. Pulse 2.0 interviewed Alludo chief financial officer Jeff Byal to learn more.

Korio: Randomization & Trial Supply Management (RTSM) Company Secures $6.8 Million In Funding

By Noah Long ● Oct 16, 2023

Korio - a pioneering technology-first Randomization & Trial Supply Management (RTSM) company - recently announced the successful conclusion of a $6.8 million funding round, which is aimed at catalyzing the widespread adoption of the company's cutting-edge clinical trial software platform.

EDITED: Empowering Retailers To Grow Profits Using Enterprise Analysis

By Amit Chowdhry ● Oct 16, 2023

EDITED is a company that enables competitor and enterprise retail analysis, empowering buyers, planners, and merchandisers to grow profits. Pulse 2.0 interviewed EDITED CEO Doug Kofoid to learn more.

Harmony Receives Investment From Connetic Ventures

By Dan Anderson ● Oct 16, 2023

Connetic Ventures - an early-stage venture capital firm that utilizes data and AI to invest in the highest potential founders - recently announced a new investment in Harmony. This digital platform uses AI to personalize communication in the workplace. Connetic is investing pre-revenue.

Gutsy: $51 Million Closed To Use Process Mining For Helping Companies Visualize Complex Security Processes

By Amit Chowdhry ● Oct 16, 2023

Gutsy - a company that uses process mining to help organizations visualize and analyze their complex security processes to understand how they actually run, based on observable event data - was recently launched by cybersecurity veterans and serial entrepreneurs Ben Bernstein (Co-founder and CEO), Dima Stopel (Co-founder and VP R&D), and John Morello (Co-founder and CTO). Gutsy's founders were the founding team of Twistlock, which is a cloud-native security pioneer acquired by Palo Alto Networks in 2019. The company also raised $51 million in a seed round of funding led by YL Ventures and Mayfield.