Archives

Fullcast: $34 Million Raised And New Leadership Team

By Amit Chowdhry ● Jan 14, 2024

Ryan Westwood and his co-founders are now pursuing their next venture to push the revenue operations (RevOps) industry forward by successfully completing a $34 million seed round and acquiring RevOps software platform Fullcast.

Patrick Industries Buying Sportech From Monomoy Capital Partners For $315 Million: Details

By Annie Baker ● Jan 14, 2024

Monomoy Capital Partners - a private investment firm focused on private equity and credit investing in the middle market - recently announced it has entered into a definitive agreement to sell Sportech, a leading designer, manufacturer and assembler of cab components and assemblies for a wide range of OEM customers, to Patrick Industries.

Artisight: $42 Million Closed To Advance AI-Driven Smart Hospital Platform

By Amit Chowdhry ● Jan 14, 2024

Artisight - a smart hospital platform powered by industry-defining AI to provide virtual care, quality improvement and care coordination solutions - announced that it raised $42 million in an oversubscribed Series B funding round. And multiple new strategic and client health system investors participated in the round, as well as full participation from Series A investors, including chipmaker NVIDIA.

BlackRock Buying Global Infrastructure Partners For $12.5 Billion: Details

By Amit Chowdhry ● Jan 14, 2024

BlackRock and Global Infrastructure Partners (GIP) - a leading independent infrastructure fund manager - jointly announced that they have entered into an agreement for BlackRock to buy GIP for total consideration of $3 billion of cash and approximately 12 million shares of BlackRock common stock.

Renesas Buying Transphorm In $339 Million Deal: Details

By Noah Long ● Jan 14, 2024

Renesas Electronics Corporation (a premier supplier of advanced semiconductor solutions) and Transphorm (a global leader in robust gallium nitride -or GaN- power semiconductors) recently announced that they have entered into a definitive agreement pursuant to which a subsidiary of Renesas will acquire all outstanding shares of Transphorm’s common stock for $5.10 per share in cash, representing a premium of approximately 35% to Transphorm’s closing price on January 10, 2024, a premium of approximately 56% to the volume weighted average price over the last year and a premium of approximately 78% to the volume weighted average price over the last six months.

CSI Brings In Strategic Investment From TA Associates

By Noah Long ● Jan 14, 2024

CSI - a leading provider of end-to-end financial software and technology - recently announced a strategic investment from TA Associates (TA), a leading global private equity firm. And Centerbridge Partners, L.P. (Centerbridge) and Bridgeport Partners (Bridgeport) will retain their positions as majority and minority investors, respectively.

Wolverine Worldwide Sells Sperry For About $130 Million: Details

By Annie Baker ● Jan 14, 2024

Wolverine World Wide recently announced that it has sold the Sperry brand to Authentic Brands Group and the ALDO Group. These are the details.

Atomic-6: Advanced Composite Manufacturing Company Secures Over $9 Million

By Noah Long ● Jan 14, 2024

Atomic-6 - a leading innovator in advanced composite manufacturing for Aerospace, Ballistic, and Hypersonic applications - recently announced the successful completion of its first two funding rounds.

Dispatch (Formerly OneAdvisory) Raises $8 Million To Improve Client Data For RIAs

By Annie Baker ● Jan 14, 2024

OneAdvisory - the first wealthtech solution enabling effortless client data management for registered investment advisors (RIAs) - recently announced that it has raised $8 million in seed funding. The funding round was led by global venture capital firm F-Prime Capital, with participation from existing investors Fika Ventures, Great Oaks, and Twelve Below.

KlariVis: $11 Million Closed To Develop Data Analytics Solutions For Community Banks And Credit Unions

By Dan Anderson ● Jan 14, 2024

KlariVis - a trailblazer in data analytics solutions for community banks and credit unions - recently announced that it closed its Series B capital round led by Blueprint Equity. The $11 million funding round will fuel further advancements in engineering, product development, customer success, and sales and marketing.

Harbor Health: $95.5 Million Raised To Expand Primary And Specialty Care In Central Texas

By Annie Baker ● Jan 14, 2024

Harbor Health - a primary and specialty clinic group whose goal is to put the consumer at the center of their own health - recently announced that it has secured an additional $95.5 million in funding. These are the details.

WaveBL: Digital Trade Document Company Closes $11 Million In Funding

By Annie Baker ● Jan 14, 2024

WaveBL - a market leader in the digital trade document sector - recently announced that it has raised an additional $11 million from new investors who specialize in the bulk-liquid and smart logistics sectors.

GolfForever: $10 Million Raised To Offer Golfers Of All Ages At-Home Training Systems

By Amit Chowdhry ● Jan 14, 2024

GolfForever - a company that offers golfers of all ages and abilities access to an at-home training system developed by world-class doctors and fitness experts - recently announced it has closed a $10 million Series A funding round led by Clerisy.

Axle: $1.5 Million In Pre-Seed Funding Raised To Modernize Corporate Wall Street Access

By Annie Baker ● Jan 14, 2024

Axle - a SaaS startup focused on modernizing corporate access on Wall Street - recently announced the successful closing of $1.5 million in pre-seed funding.

Rune Labs: Precision Neurology Software And Data Company Raises $12 Million

By Dan Anderson ● Jan 14, 2024

Rune Labs - a precision neurology software and data company - recently announced a strategic round of $12 million, increasing the total amount raised by the company to over $42 million. This funding round was led by a new brain disorder fund, Nexus NeuroTech Ventures, with participation from existing investors, including Eclipse, DigiTx Partners, Moment Ventures, and TruVenturo GmbH.

hyperexponential: Pricing Decision Intelligence Software Company Closes $73 Million In Funding

By Noah Long ● Jan 14, 2024

hyperexponential - a global leader in pricing decision intelligence (PDI) software - recently announced the completion of its $73 million Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from a16z, and existing Series A investor Highland Europe, which increased its holding.

FINN: Car Subscription Provider Company Closes €100 Million In Funding

By Annie Baker ● Jan 14, 2024

Car subscription provider company FINN has announced the closing of its Series C equity funding round of €100 million.

Vintage Investment Partners: $200 Million Closed For Fourth Growth-Stage Fund

By Amit Chowdhry ● Jan 14, 2024

Vintage Investment Partners announced the closing of its 4th Growth-Stage Venture Fund (Growth IV) at $200 million, above its target. Like Vintage's previous Growth funds, Growth IV will invest in 15-20 leading Israeli, European, and U.S. growth-stage technology startups, together with its trusted network of tier-one venture capital funds.

Scentian Bio: Developing Biosensors That Mimic Smell Receptors From Insects

By Amit Chowdhry ● Jan 12, 2024

Scentian Bio is a company developing biosensors that mimic the incredible smell receptors from insects to deliver a super-sensitive, real-time measurement of smell and taste. Pulse 2.0 interviewed Scentian Bio CEO Jonathan Good to learn more about the company.

120Water: Water Management And Testing System Company Raises $43 Million

By Annie Baker ● Jan 12, 2024

Edison Partners recently announced leading a $43 million growth investment in 120Water, a leading cloud-based water management and testing system based in Zionsville, Indiana, with continued participation from Allos Ventures. The new funding round will further expand the 120Water team, technology investments, and go-to-market efforts.

Myrobalan Therapeutics: $24 Million Closed To Develop Novel Oral Neurorestorative Therapies

By Annie Baker ● Jan 12, 2024

Myrobalan Therapeutics - a biotechnology company developing novel oral neurorestorative therapies to repair damage and restore neural function in high-unmet need degenerative CNS conditions - recently announced the completion of a $24 million Series A funding. The funding was led by Co-win Ventures, with participation from new and existing investors, including Guan Zi Equity Investment (Li Shui) Partnership (Limited Partnership), 3E Bioventures Capital, and AB Magnitude Ventures Group.

Cinven: €13.2 Billion ($14.5 Billion) Raised For Eighth Fund

By Amit Chowdhry ● Jan 12, 2024

International private equity firm Cinven has announced the final close of its latest flagship fund, the Eighth Cinven Fund (Fund 8), having raised $14.5 billion (€13.2 billion) and reached the hard cap. And Fund 8 is nearly 30% larger than its 2019 vintage predecessor fund, Fund 7, for which Cinven also reached the hard cap.

NineDot Energy: Battery Energy Storage Systems Company Secures $225 Million

By Amit Chowdhry ● Jan 12, 2024

NineDot Energy - a leading developer of community-scale battery energy storage systems (BESS) in the New York City metropolitan area - announced recently that it secured an additional $225 million equity capital commitment from Manulife Investment Management and Carlyle, NineDot’s existing institutional equity investor. Manulife Investment Management led the round with a $135 million commitment and acquired an equity interest concurrently.

Trice: Seed Funding Raised To Enable Direct Connectivity For Real-Time Bank Payments

By Annie Baker ● Jan 12, 2024

Trice - a cloud-native API-first platform enabling direct connectivity for real-time bank payments - recently announced the closing of its seed investment round. This funding round featured strategic investments from Diagram Ventures, Royal Bank of Canada (RBC), and JAM FINTOP.

Bolden Therapeutics Brings In Investment From Lifespan Vision Ventures

By Noah Long ● Jan 12, 2024

LifeSpan Vision Ventures - an investment firm that specializes in funding longevity biotech breakthroughs - recently announced an investment in Bolden Therapeutics. This biotechnology company is developing first-in-class therapeutics to promote neurogenesis for the potential treatment of central nervous system diseases.

XRHealth: Spatial Computing Healthcare Platform Company Raises $6 Million

By Annie Baker ● Jan 12, 2024

XRHealth - a leading healthcare platform in Spatial computing - recently announced that the company secured $6 million in funding led by Asabys Partners, with the participation of NOVA Prime Fund, a venture capital fund created by global innovator LG Electronics and Clearbrook, LLC., and XRHealth's current investors.

Vantage Data Centers: $6.4 Billion Equity Investment Secured From Round Led By DigitalBridge and Silver Lake

By Amit Chowdhry ● Jan 12, 2024

Vantage Data Centers - a leading global provider of hyperscale data center campuses - recently announced a $6.4 billion equity investment led by investment vehicles managed by DigitalBridge Group (a leading global alternative asset manager dedicated to investing in digital infrastructure) and Silver Lake (a global leader in technology investing).

Sunrise AI: Fintech Company Secures Pre-Seed Funding Round From Andrew Ng’s AI Fund

By Annie Baker ● Jan 12, 2024

Sunrise AI - an AI-powered fintech company co-founded by Deepak Shrivastava and Xi Palazzolo - recently announced the successful closure of its pre-seed funding round led by Andrew Ng's AI Fund. This funding round will propel Sunrise AI's mission to revolutionize credit assessment and enhance access to capital for individuals and businesses.

Rainbow: Small Business Insurance Underwriter Company Closes $12 Million In Funding

By Noah Long ● Jan 12, 2024

Rainbow - a digitally-enabled managing general underwriter building tailored small business insurance products - recently announced it raised $12 million in seed funding with participation from Caffeinated Capital, Altai Ventures, Zigg Capital, 8VC, Buckley Ventures, Habitat Partners, and Arch Capital Group Ltd.

Ask-AI: $11 Million Closed To Advance Generative AI Answers And Insights Solution For Enterprises

By Dan Anderson ● Jan 12, 2024

Ask-AI - a generative AI answers and insights solution for enterprises - recently announced the launch of its new Generative AI Sidekick, along with $11 million in Series A funding. Leaders Fund led the funding round with participation from seed investors Vertex Ventures, State of Mind Ventures, GTMFund, and others. The investment brings Ask-AI to $20 million in funding.