Archives

Self Financial: How This Company Is Enabling Economic Inclusion And Financial Resilience

By Amit Chowdhry ● Jan 17, 2024

Self Financial is a credit building platform that is working to increase economic inclusion and financial resilience through products that make building credit accessible. Pulse 2.0 interviewed Self Financial founder James Garvey to learn more about the company.

Language I/O: This Company Offers A Real-Time Translation Solution For Businesses

By Amit Chowdhry ● Jan 17, 2024

Language I/O (LIO) is a company that has built software enabling monolingual customer support teams to chat, email and provide self-service support in over 150 languages in real time. The company’s unique machine translation technology can get your team up and running with accurate, secure translations for your company and industry within 24 hours. Pulse 2.0 interviewed Language I/O CEO and founder Heather Shoemaker to learn more about the company.

Panacea Financial: $24.5 Million Secured To Advance Banking Platform For Doctors

By Annie Baker ● Jan 16, 2024

Panacea Financial - a financial technology company dedicated to providing sophisticated services to doctors and doctors’ practices - recently announced that it has raised $24.5 million in Series B funding to drive its strategic growth among the doctor community. Valar Ventures was the sole institutional investor in the round.

Onera: Remote Sleep Diagnostic And Monitoring Solutions Company Raises Over €30 Million

By Annie Baker ● Jan 16, 2024

Onera Health - a pioneer and leader in remote sleep diagnostic and monitoring solutions enabling clinicians to conduct sleep studies anytime, anywhere - recently announced the completion of its Series C financing round. This latest funding round brings Onera’s total investment to over €55 million.

Tandem PV: Perovskite Solar Technology Company Closes $6 Million In Funding

By Annie Baker ● Jan 16, 2024

Tandem PV - a pioneering force in perovskite solar technology - recently announced it has raised an additional $6 million, bringing the total to $27 million in venture capital and government support.

Phalanx Impact Partners Invests In FinTech Company CollateralEdge

By Noah Long ● Jan 16, 2024

Phalanx Impact Partners - an innovative new investment firm dedicated to positive environmental and community change - recently announced an investment in CollateralEdge, which is a transformative FinTech solution that enables community and regional banks to structure more competitive commercial loans for underserved communities and close more deals without compromising credit quality.

HashKey Group: $100 Million Raised At $1.2 Billion Valuation

By Noah Long ● Jan 16, 2024

HashKey Group - a leading end-to-end digital asset financial services group in Asia - recently announced the completion of a Series A financing round of nearly US $100 million at a pre-money valuation above US $1.2 billion.

Oxford Medical Simulation: VR Healthcare Training Company Raises $12.6 Million

By Dan Anderson ● Jan 16, 2024

Oxford Medical Simulation (OMS) - a pioneer in VR healthcare training - announced the successful completion of a $12.6 million Series A funding round. The funding round, led by Frog Capital with follow-on capital from ACF Investors, existing shareholders, and strategic partners, marks a significant milestone in OMS' mission to revolutionize healthcare education, training, and assessment.

Burger King Parent Company Buying Carrols Restaurant Group For About $1 Billion

By Annie Baker ● Jan 16, 2024

Restaurant Brands International (RBI) and Carrols Restaurant Group today announced that they have reached an agreement for RBI to acquire all of Carrols issued and outstanding shares that are not already held by RBI or its affiliates for $9.55 per share in an all-cash deal, or an aggregate total enterprise value of approximately $1 billion, representing a 23.1% premium to Carrols 30-day volume-weighted average price as of January 12, 2024 and a 13.4% premium to the January 12, 2024 closing price.

BigPanda: How This Event Correlation And Automation Platform Is Helping The Digital World Run Smoothly

By Amit Chowdhry ● Jan 16, 2024

BigPanda is an Automated AIOps Platform that unifies data to revolutionize incident management. Pulse 2.0 interviewed BigPanda CEO Assaf Resnick to learn more about the company.

Talos Energy Buying QuarterNorth Energy For $1.29 Billion: Details

By Annie Baker ● Jan 16, 2024

Talos Energy announced the execution of definitive agreements to acquire QuarterNorth Energy for $1.29 billion. QuarterNorth is a privately held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields.

Metriport: Helping Digital Health Companies Manage Medical Data Through A Universal API

By Amit Chowdhry ● Jan 16, 2024

Metriport is an open-source clinical data platform that helps healthcare organizations access and manage comprehensive patient medical data. Pulse 2.0 interviewed Metriport co-founder and chief operating officer Colin Elsinga to learn more about the company.

Quora: $75 Million Raised In New Funding Round

By Amit Chowdhry ● Jan 16, 2024

Quora CEO Adam D'Angelo has announced that it has raised $75 million in a new round of funding from Andreessen Horowitz (a16z). This funding round will accelerate the company’s AI chat platform, Poe.

Synopsys Buying Ansys In A $35 Billion Deal: Details

By Amit Chowdhry ● Jan 16, 2024

Synopsys and Ansys announced today that they have entered into a definitive agreement under which Synopsys will acquire Ansys. These are the details.

FirstSun Capital Bancorp And HomeStreet Merging And Raising $175 Million

By Dan Anderson ● Jan 16, 2024

FirstSun Capital Bancorp (the holding company of Dallas-based Sunflower Bank, N.A.) and HomeStreet (the holding company of HomeStreet Bank) announced today that they have entered into a definitive merger agreement, which was unanimously approved by the board of directors of both companies. And under the terms of the agreement, HomeStreet and HomeStreet Bank will merge with and into FirstSun and Sunflower Bank, respectively, with HomeStreet Bank continuing to operate under its tradename in its current markets.

Zenity: A Security Governance Platform For Low-Code/No-Code Changing A $12 Billion Market

By Amit Chowdhry ● Jan 16, 2024

Zenity is the first security governance platform for low-code/no-code and Generative AI development. Pulse 2.0 interviewed Zenity founders Ben Kliger and Michael Bargury to learn more about the company.

Digital Infrastructure: DIMO Mobile Publisher Company Raises $11.5 Million

By Amit Chowdhry ● Jan 16, 2024

Digital Infrastructure - the publisher of DIMO Mobile and a core developer of the DIMO network - recently announced a $11.5 million Series A investment led by CoinFund to bring data-driven savings, rewards, and peace of mind to drivers and fleet owners around the globe.

Microsoft Launches Copilot Pro For $20 Per User Per Month

By Amit Chowdhry ● Jan 16, 2024

Microsoft announced that it recently achieved over 5 billion chats and over 5 billion images with its Copilot AI companion platform. Microsoft recently announced the introduction of Copilot Pro, which is a new premium subscription for individuals that offers a higher tier of service for AI capabilities, brings Copilot AI capabilities to Microsoft 365 Personal and Family subscribers, and new capabilities like the ability to create Copilot GPTs.

Carlyle: Over $600 Million Raised For First CLO Captive Equity Fund

By Amit Chowdhry ● Jan 16, 2024

Carlyle recently announced the final close of its inaugural collateralized loan obligation (CLO) captive equity fund CLO Partners. The fund raised over $600 million, exceeding its initial $500 million target.

SVP Buys Remaining 40% Stake Of IPC For Full Ownership

By Noah Long ● Jan 16, 2024

Strategic Value Partners, LLC and its affiliates (SVP), a global alternative investment firm with over $18 billion of assets under management, recently announced that SVP-managed funds have acquired the remaining 40% of IPC, resulting in full ownership. IPC provides mission-critical trading communication technology and network services to the financial markets industry.

Why Mercer Advisors Is Buying River Glen Wealth Counselors

By Annie Baker ● Jan 16, 2024

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - recently announced the acquisition of Veerkloh, LLC d/b/a River Glen Wealth Counselors. And River Glen is a comprehensive wealth management firm located and operating in West Des Moines, Iowa.

Intuition Robotics: ElliQ 3 AI Companion Launches To Improve Lifestyles For Seniors

By Amit Chowdhry ● Jan 15, 2024

IBM Partnering With SAP On Developing New AI Tools For The CPG And Retail Industries

By Annie Baker ● Jan 14, 2024

IBM recently announced its collaboration with SAP to develop solutions to help clients in the consumer packaged goods and retail industries enhance their supply chain, finance operations, sales, and services using generative AI.

Doc.com Receives $300 Million And $1.3 Billion Valuation

By Amit Chowdhry ● Jan 14, 2024

Silver Rock Group recently announced that it plans to invest $300 million in equity financing in Doc.com, a decentralized telehealth platform providing free basic healthcare and health education to people worldwide. This funding round brought Doc.com’s total valuation to $1.3 billion.

Korr: Insurtech Company Secures $3.2 Million In Funding

By Annie Baker ● Jan 14, 2024

Korr - an insurtech startup based in New York City - recently announced the closing of a $3.2 million seed funding round. These are the details.

Why ABB Is Buying Sevensense

By Noah Long ● Jan 14, 2024

ABB recently announced that it has acquired Swiss start-up Sevensense, a leading AI-enabled 3D vision navigation technology provider for autonomous mobile robots (AMRs).

Safe Software: Strategic Growth Investment Received From JMI Equity

By Noah Long ● Jan 14, 2024

Safe Software - a leading enterprise integration company with unrivaled support for spatial data - recently announced that JMI Equity (JMI) has invested strategically in the high-growth enterprise solutions provider.

Requity Homes: $27 Million Secured To Make Homeownership Accessible

By Annie Baker ● Jan 14, 2024

Requity Homes - a property technology firm based in Toronto, Ontario with the goal of making homeownership more accessible - recently announced the closing of $26 million in equity and debt financing. Co-led by Highline Beta and experienced tech executive and angel investor Sam Sun, the equity funding round also included continued participation from major investor Boardwalk Investment Ltd (Kolias Family Office), Conconi Growth Partners and several angel investors, with new participants including Archangel Adrenaline Fund.

Downpayments: Property Fintech Company Raises $32.8 Million

By Dan Anderson ● Jan 14, 2024

Downpayments - a company that provides interest-free down payments for property investors - recently announced the general availability of its services in Florida, in addition to $32.8 million in initial debt funding from Partners for Growth, and equity from Second Century Ventures (backed by the National Association of Realtors).

Ansys Launches SimAI To Combine Simulation With Generative AI

By Amit Chowdhry ● Jan 14, 2024

Ansys recently launched its newest Artificial Intelligence (AI)-based technology Ansys SimAI, which is a physics-agnostic software as a service (SaaS) application that combines the predictive accuracy of Ansys simulation with the speed of generative AI.