Archives

GeologicAI: Digital Rock Analysis Company Secures $10 Million

By Dan Anderson ● Oct 3, 2023

GeologicAI - a global leader in digital rock analysis - recently announced the closing of an additional $10 million in funding from Export Development Canada (EDC) as an extension to its Series A financing round led by Breakthrough Energy Ventures, bringing the total round of funding to $30 million.

Genus AI: $11 Million Secured To Build Generative AI Platform For D2C And E-Commerce Brands

By Noah Long ● Oct 3, 2023

Genus AI - a generative AI platform for D2C and e-commerce brands - recently announced it has secured over $6 million in a seed round extension, bringing the company's total seed funding to $11 million.

FUSE: Early Stage Venture Firm Launches $250 Million Sophomore Fund To Invest In Pacific Northwest Startups

By Amit Chowdhry ● Oct 3, 2023

FUSE - an early-stage venture capital firm focused on the Pacific Northwest - recently unveiled its oversubscribed $250 million sophomore fund.

ShowdMe: Series A Raised In Round Led By Spring Mountain Capital And Blue Heron Capital

By Amit Chowdhry ● Oct 3, 2023

ShowdMe - a premier compliance training partner for home care agencies and skilled nursing facilities - recently announced a Series A investment led by Spring Mountain Capital and Blue Heron Capital. The funding round will drive expansion for the company, enabling the hiring of new employees and continued growth of its products and services.

Anzu Partners: Third Venture Fund Closed To Invest In Clean Tech, Life Sciences, And Industrial Companies

By Amit Chowdhry ● Oct 3, 2023

Anzu Partners - an investment firm delivering capital and strategic support to early-stage breakthrough technology companies - recently announced it has raised over $200 million at the close of its third venture capital fund. Fund III was established to invest in companies developing next-generation solutions in clean technology, industrial innovations, and life sciences.

Propel: Helping Product Companies Collaborate Faster And Smarter

By Amit Chowdhry ● Oct 3, 2023

Propel Software is a company that is helping product companies collaborate smarter and move faster to better satisfy their customers and shareholders. Pulse 2.0 interviewed Propel co-founder and chief strategy officer Ray Hein to learn more.

Auditoria: AI-Powered Finance Intelligence Application Company Raises Funding From KPMG

By Amit Chowdhry ● Oct 3, 2023

Auditoria - a pioneer in automated AI-powered intelligent applications for finance - recently announced an investment from KPMG LLP, the U.S. audit, tax, and advisory firm. This minority equity investment underscores Auditoria’s commitment and industry support for transforming finance processes and accelerating cash performance through cutting-edge AI technology.

Apax: $750 Million In Commitments Raised For First Generation Credit Funds

By Annie Baker ● Oct 3, 2023

Apax Partners LLP - recently announced that it has successfully raised about $750 million for the first generation of dedicated Apax Credit Funds. The strength of the fund raising demonstrates the solid growth and success of Apax’s credit platform.

Yale-Based Startup Banofi Leather Wins $1 Million Hult Prize for Sustainability

By Amit Chowdhry ● Oct 3, 2023

Banofi Leather has received the $1 million top prize for its plan to turn banana crop waste into a sustainable leather alternative that could help offset the fashion industry’s environmental footprint. The winning streak is continuing for Banofi Leather (a Yale University-based startup) that has won the $1 million Hult Prize 2023 in the world’s largest social entrepreneurship business competition for students.

360ofme: Seed Funding Raised From 3 Michigan-Based Investment Firms

By Amit Chowdhry ● Oct 3, 2023

360ofme - an ethical data exchange platform - recently announced that it raised seed funding from three Michigan-based investment firms while growing its team with two new executives, Kara Grasso as Head of Strategy and Revenue and Philippe Le Berre as Chief Technology Officer.

Adela: $48 Million Secured To Develop Early Cancer Detection Platform

By Noah Long ● Oct 3, 2023

Middleware: This Cloud Observability Platform Is Transforming A $50 Billion Market

By Amit Chowdhry ● Oct 3, 2023

Middleware is a Y Combinator-backed cloud observability platform that revolutionizing how development and operations teams debug issues. Pulse 2.0 interviewed Middleware CEO and founder Laduram Vishnoi to learn more.

Invoke AI: $3.75 Million Secured To Build AI Software For Artists And Creative Teams

By Amit Chowdhry ● Oct 3, 2023

Invoke AI - the maker of open-source generative artificial intelligence (AI) software built for artists and creative teams - recently announced that it has secured $3.75 million in a seed funding round led by Storm Ventures, with participation by SignalFire and Universe Software.

Normalyze: Solving Problems IT Security Teams Face In Cloud And Data Security In An $18 Billion Market

By Amit Chowdhry ● Oct 3, 2023

Normalyze is a company that solves some of the most painful problems enterprise IT security teams face in the cloud and data security space. Pulse 2.0 interviewed Normalyze founder and Chief Technology Officer (CTO) Ravi Ithal to learn more.

Archipelago Entertainment: Creating Immersive Musically Driven Audio Experiences

By Amit Chowdhry ● Oct 3, 2023

Paytient: How This Company Is Providing Better Access To Healthcare

By Amit Chowdhry ● Oct 3, 2023

Mundial Media: $2 Million Secured To Launch Contextual Platform For Multicultural Audiences

By Annie Baker ● Oct 3, 2023

Mundial Media - the first media platform uniting multicultural voices - recently announced $2 million in pre-seed funding led by a syndicate of family office investors, including New Day Industries, a family office focused on breakthrough software technologies.

Osteal Therapeutics: $23 Million Raised To Develop Therapies For Orthopedic Infections

By Amit Chowdhry ● Oct 3, 2023

Osteal Therapeutics - a clinical-stage biopharmaceutical company developing a new category of combination therapies for orthopedic infections - recently announced the completion of an oversubscribed $23 million Series C equity financing.

Secoda: Modern Data Management Platform Company Closes $14 Million

By Noah Long ● Oct 3, 2023

Secoda - an AI-powered modern data management platform - recently announced a $14 million Series A funding round led by Craft Ventures, who led the company's seed round in 2021.

Why Actionstep Is Buying Legal Accounting Company Soluno

By Dan Anderson ● Oct 2, 2023

Actionstep - the global cloud practice management platform for midsize law firms - recently announced the acquisition of Toronto-based legal accounting software company Soluno from professional services payments company AffiniPay.

Senser: Zero-Instrumentation Production Intelligence Company Raises $9.5 Million

By Amit Chowdhry ● Oct 2, 2023

Senser - a pioneer of zero-instrumentation production intelligence - recently emerged from stealth with $9.5 million in seed funding to launch an AIOps platform that utilizes Extended Berkeley Packet Filter (eBPF) technology to provide enterprises with deep insights into their complex cloud and IT environments.

Diligent Robotics: $25 Million Raised To Build Automation In Healthcare

By Annie Baker ● Oct 2, 2023

Diligent Robotics - a leader in robotic automation in health care - recently announced $25 million in new financing led by Canaan.

Mona Lee: $3.25 Million Closed To Make Solar Installation Affordable

By Annie Baker ● Oct 2, 2023

Mona Lee - a Boston-based startup founded by former Tesla employee Walid Halty - recently announced the successful closing of a $3.25 million seed funding round. The round included investments from prominent players in the technology and consumer sectors, such as Ludlow Ventures, Shrug VC, Palm Tree Crew (founded by Norwegian DJ Kygo), Coalition Operators, Plug and Play Ventures, and The Pags Group, owned by Boston Celtics' owner Steve Pagliuca.

Human8: Camille Nicita Named As New Global CEO

By Amit Chowdhry ● Oct 2, 2023

Human8 (previously called InSites Consulting) - the new human-driven consultancy - recently announced that Camille Nicita, currently Managing Director for North America, will accept the CEO role from current CEO and co-founder Kristof De Wulf.

Lucas Oil: Deidra Colvin Named As Chief Strategy Officer

By Amit Chowdhry ● Oct 2, 2023

Lucas Oil Products recently announced a new addition to the executive leadership team, hiring Deidra Colvin as Chief Strategy Officer (CSO). In this new role, Colvin is going to play a pivotal role in shaping the company’s strategic vision, aligning cross-functional objectives with company goals, and establishing operational infrastructure for successful plan execution.

CoinScan: Crypto Analytics Company Secures $6.3 Million

By Noah Long ● Oct 2, 2023

airSlate Study Unveils SMBs Are Ready To Utilize AI And Automation

By Amit Chowdhry ● Oct 2, 2023

airSlate - a leader in document workflow automation solutions - announced that it had released new research that reveals that small and medium-sized businesses (SMBs) are ready to tap into the power of automation and artificial intelligence (AI) to scale and compete effectively in today's business landscape.

Canid: Vaccine Automation Management Company Closes $1.5 Million

By Noah Long ● Oct 2, 2023

Canid - an end-to-end platform for vaccine automation and management - recently announced that it has closed $1.5 million in new funding to expand its geographic footprint to ten new states across the U.S. and bring new tools to manage vaccine patient populations.

Aviat Networks: Wireless Transport And Access Solutions Company Closes $50 Million In Orders

By Noah Long ● Oct 2, 2023

Aviat Networks - a leading expert in wireless transport and access solutions - recently announced it has received orders totaling over $50 million with two separate U.S. State governments for statewide public safety networks.

Vero Technologies: Wholesale Financing And Loan Servicing Platform Secures $8.5 Million

By Annie Baker ● Oct 2, 2023

Vero Technologies - a wholesale financing technology and loan servicing platform - recently announced the closing of its $8.5 million Series A funding round.