Archives

Utah-Based Venture Studio Wingspan Reveals Two Investments And Tech9 Partnership

By Amit Chowdhry ● Jan 26, 2024

Wingspan is a new venture studio based in Utah that announced its launch with two investments and a partnership with Tech9, a premier custom software development company.

Why Minute Media Is Buying STN Video

By Annie Baker ● Jan 26, 2024

Minute Media - a leading global technology and sports content company - announced it has acquired STN Video, the North American industry leader in sports content distribution, who holds premium partnerships with every major league in the US alongside an award-winning Online Video Platform, reaching tens of millions of unique users across the web.

DNA Nanobots: Pre-Seed Funding Round Raised To Launch A BioPharma Partner Program

By Annie Baker ● Jan 26, 2024

DNA Nanobots - a leader in the design and delivery of DNA nanoparticles engineered for targeted therapeutics - announced that it has closed its pre-seed funding round. The funding round enables DNA Nanobots to launch its BioPharma Partner Program to streamline its end-to-end custom biopharma solutions from design to development for preclinical and animal studies for improved delivery of a wide range of therapeutics.

icotec: Spinal Tumor Implant Company Closes $30 Million In Funding

By Dan Anderson ● Jan 26, 2024

icotec ag - a leading company in innovative spinal tumor implants - announced a significant milestone in its growth journey by establishing a strategic partnership with MVM Partners (MVM), a global healthcare venture capital firm.

MY DR Now Raises Follow-On Investment From Kain Capital

By Noah Long ● Jan 26, 2024

MY DR NOW recently announced it raised a follow-on investment from Kain Capital LLC, which is a leading private equity firm focused on the technology enablement of healthcare services companies. MY DR NOW is a leading provider of primary and specialty care with multiple locations in Arizona. The company’s total investment to date is $60 million.

University Of Texas At San Antonio Launches College In AI, Cyber, Computing, And Data Science

By Amit Chowdhry ● Jan 26, 2024

The University of Texas at San Antonio announced a pioneering initiative to reshape its academic landscape by launching a new college dedicated to artificial intelligence (AI), cybersecurity, computing, data science, and related disciplines.

Why Kadant Is Buying KWS Manufacturing Company

By Annie Baker ● Jan 26, 2024

Kadant announced it had completed the acquisition of KWS Manufacturing Company, Ltd. (KWS) for about $84 million in cash, subject to certain customary adjustments. This acquisition was financed primarily through borrowings under Kadant's revolving credit facility.

Consortium Raises Strategic Investment From M|C Partners

By Noah Long ● Jan 26, 2024

M|C Partners - a digital infrastructure and tech services private equity firm - announced it has invested strategically in Consortium Networks, a national cybersecurity organization. This investment will enhance Consortium Networks' growth by expanding talent acquisition, sales, technical expertise, and innovation. Nate Ungerott, a cybersecurity veteran, was also appointed CEO.

Wealth Partners Capital Group And HGGC Form Strategic Partnership With True North Advisors

By Noah Long ● Jan 25, 2024

True North Advisors, LLC - a Texas-based registered investment adviser (RIA) - announced it has entered into a strategic partnership with Wealth Partners Capital Group (WPCG), a financial services holding company, and HGGC, a firm focused on partnership investing.

National Bankshares To Buy Frontier Community Bank For $17.1 Million Deal: Details

By Dan Anderson ● Jan 25, 2024

National Bankshares and Frontier Community Bank has jointly announced that they have entered into a definitive merger agreement for National Bankshares to buy Frontier. And as of September 30, 2023, Frontier had total assets of approximately $154 million. Upon the completion of the deal, National Bankshares is expected to have total consolidated assets of approximately $1.7 billion based on September 30, 2023 financial data.

Benefit Street Partners: $4.7 Billion Fifth Flagship Private Credit Fund Closed

By Amit Chowdhry ● Jan 25, 2024

Benefit Street Partners (BSP) announced the final closing of its fifth flagship direct lending vehicle BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Consistent with prior vintages, this fund seeks to generate attractive risk-adjusted returns by investing primarily in privately originated, floating rate, senior secured loans.

HEAL Security: Healthcare-Focused Cybersecurity Intelligence Company Raises $4.6 Million In Funding

By Annie Baker ● Jan 25, 2024

Health2047 - a Silicon Valley-based venture studio founded by the American Medical Association (AMA) - announced its investment in and launch from stealth of portfolio company HEAL Security, a cognitive cybersecurity intelligence platform custom-designed for the healthcare sector. So far, Health2047 invested $2.3 million in HEAL Security, with additional co-investor funding bringing its total pre-seed investment to $4.6 million.

Why Voltron Data Is Buying Claypot AI

By Amit Chowdhry ● Jan 25, 2024

Voltron Data - a company accelerating modular and composable data analytics systems - recently announced that it has acquired Claypot AI, a real-time AI platform startup. And Voltron Data processes large batch workloads on GPUs today and will incorporate Claypot AI's real-time capabilities on GPU.

Infobip: Interview With CFO Richard Kraska

By Amit Chowdhry ● Jan 25, 2024

Infobip is a global leader in omnichannel engagement, powering a broad range of messaging channels, tools, and solutions for advanced customer engagement, authentication and security. Pulse 2.0 interviewed Infobip CFO Richard Kraska to learn more about the company.

Janssen Partners: The Story Behind This Successful Investment Banking Firm

By Amit Chowdhry ● Jan 25, 2024

Janssen Partners is an investment banking firm dedicated to building successful growth-oriented companies while guiding investors to superior financial returns. Pulse 2.0 interviewed Janssen Partners director Peter K. Janssen to learn more about the firm.

Leaderology: How This Development Organization Is Developing Fearlessly Authentic Leaders

By Amit Chowdhry ● Jan 25, 2024

Leaderology is a collective of human transformation advocates who are passionate about leadership. The organization champions and develops fearlessly authentic leaders who want to cultivate expansive, inclusive and sustainable communities of effort. Pulse 2.0 interviewed Leaderology chief excellence officer Marissa Waldman to learn more.

Acceldata: How This Data Observability Platform Company Helps Enterprises Scale Their Products

By Amit Chowdhry ● Jan 25, 2024

Acceldata is a company that has developed the world's first enterprise data observability platform to help enterprises build and operate great products. Pulse 2.0 interviewed Acceldata founder and CEO Rohit Choudhary.

CryptoSafe: $20 Million Funding Raised At $95 Million Valuation

By Noah Long ● Jan 24, 2024

CryptoSafe - a blockchain project focused on enhancing capital efficiency in the cryptocurrency market – announced it has closed its latest funding round, securing $20 million at a valuation of $95 million. This funding round signifies a significant milestone for the company as it positions itself for further growth, innovation, and market expansion.

Carlyle: Acquisition Of $415 Million Private Student Loan Portfolio And Strategic Investment In Monogram

By Amit Chowdhry ● Jan 24, 2024

Global investment firm Carlyle announced the acquisition of a $415 million private student loan portfolio, and strategic investment into Monogram, a leading provider of finance solutions for students and their families. Led by the former management team of Cognition Financial and backed by Carlyle, Monogram will partner with Carlyle to originate, acquire, and manage high-quality third-party private student loan assets.

Synnovation Therapeutics: Precision Medicine Company Raises $102 Million To Develop Small Molecule Therapies

By Amit Chowdhry ● Jan 24, 2024

Synnovation Therapeutics - a precision medicine company developing small molecule therapies optimized to achieve best-in-class pharmacology against highly validated disease targets – has launched with a $102 million Series A. The funding was led by Third Rock Ventures with participation from Nextech, Lilly Asia Ventures, Sirona Capital, and Cormorant Asset Management.

38 Degrees North Raises Growth Equity Investment

By Dan Anderson ● Jan 24, 2024

38 Degrees North - a community solar and distributed renewables platform – announced it has closed on a growth equity investment from S2G Ventures. And the company has also agreed to acquire community solar assets from Community Power Group (CPG) in New York.

Cordillera: $62 Million Closed For Whiskey Opportunities Fund

By Amit Chowdhry ● Jan 24, 2024

Cordillera Investment Partners, L.P. - an investment management firm that exclusively invests in privately-held niche, non-correlated assets - announced it has completed fundraising for its $62 million Whiskey Opportunities Fund. This is the firm’s first fund to exclusively focus on the buying and aging of whiskey barrels as institutional assets.

Motif Neurotech: $18.75 Million Raised To Develop Minimally-Invasive Bioelectronics For Mental Health

By Annie Baker ● Jan 24, 2024

Motif Neurotech - a neurotechnology company developing minimally-invasive bioelectronics for mental health – recently announced an oversubscribed Series A financing of $18.75 million led by Arboretum Ventures, with participation from new investors KdT Ventures, Satori Neuro, Dolby Family Ventures, re.Mind Capital, individual investor Max Hodak and existing investors Divergent Capital, TMC Innovation, PsyMed Ventures, Empath Ventures and Capital Factory.

Klarna Launches Klarna Plus In The US

By Amit Chowdhry ● Jan 24, 2024

Klarna – an AI-powered global payments network and shopping assistant - announced its entry into the subscription service model with the launch of Klarna Plus (issued by WebBank), which is now available to eligible US consumers through the Klarna app for a monthly fee of $7.99.

Instagrid: Portable Battery System Company Closes $95 Million In Funding

By Amit Chowdhry ● Jan 24, 2024

Instagrid – a leading Europe-based provider of high-performance portable battery systems - announced a Series C funding round of $95 million. And Instagrid more than doubled revenues this year and will use the funding to continue its growth by entering the North American market, increasing production, and expanding its range of mobile power solutions to decarbonize off-grid power.

Root Protocol: $10 Million Closed At $100 Million Valuation

By Noah Long ● Jan 24, 2024

Root Protocol – a company focused on building a portal to connect with any chain, DApp, and asset – announced it has closed $10 million in funding at a valuation of $100 million. Animoca Brands led the funding rounds. They included contributions from several other notable investors, including Shima Capital, DFG Group, Signum Capital, Ankr Network, Digital Strategies, CMS Holdings, Double Peak, GenBlock Capital, Cypher Capital, and Basics Capital. The new investors announced are Dao5 and Gate Labs Ventures.

CheckSammy: Bulk Waste And Sustainability Operator Closes $45 Million In Funding

By Annie Baker ● Jan 24, 2024

Bulk waste and sustainability operator CheckSammy announced it raised a $45 million strategic investment that will enhance the company's ability to deliver transparent, measurable waste diversion and carbon reduction benefits to companies.

Morressier: Research Integrity Company Secures $16.5 Million

By Dan Anderson ● Jan 24, 2024

Morressier – a Berlin-based startup transforming scholarly communications – recently announced it has raised a $16.5 million Series B funding round led by Molten Ventures and with the participation of existing investors including Redalpine, Owl Ventures, and Cherry Ventures. And this growth investment follows the company’s Series A round from May 2021 and will be topped up with further funding for acquisition opportunities.

Recurrent Energy: $500 Million In Capital Commitment From BlackRock

By Noah Long ● Jan 24, 2024

Recurrent Energy (a subsidiary of Canadian Solar) - a global developer and owner of solar and energy storage assets - announced that it has secured a $500 million preferred equity investment commitment, convertible into common equity, from BlackRock through a fund managed by its Climate Infrastructure business.

Better Stack: Infrastructure Monitoring Company Closes $10 Million In Funding

By Noah Long ● Jan 24, 2024

Better Stack announced it has raised an additional $10 million in funding from a leading European early-stage investor KAYA, an existing backer of Better Stack and Europe's best tech companies, which include Docplanner, Rohlik, and Booksy. And Aaron Levie (CEO at Box) and Kulpreet Singh (ex-UiPath) are joining as angel investors.