Archives

Nexo Therapeutics: Small Molecule Oncology Company Secures $60 Million

By Annie Baker ● Aug 15, 2023

Nexo Therapeutics recently emerged from stealth with a $60 million Series A financing led by founding investor Versant Ventures with participation from New Enterprise Associates and Cormorant Asset Management. And the company also announced a multi-year strategic research collaboration with The University of Texas MD Anderson Cancer Center.

Radiant Security Launches AI-Powered SOC Co-Pilot

By Amit Chowdhry ● Aug 15, 2023

Radiant Security recently announced that it entered the market with its AI-powered SOC co-pilot. And the industry-first solution empowers security operations centers (SOCs) to harness the power of AI to boost security analyst productivity, detect more real attacks, and reduce incident remediation times.

Chesapeake Energy Selling Remaining Eagle Ford Assets To SilverBow Resources For $700 Million

By Amit Chowdhry ● Aug 15, 2023

Chesapeake Energy Corporation recently announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources for $700 million, bringing the total proceeds from its Eagle Ford exit to more than $3.5 billion.

MSCI Buying Burgiss For $697 Million In Cash

By Amit Chowdhry ● Aug 15, 2023

MSCI - a leading provider of mission-critical decision support tools and services for the global investment community - recently announced it has entered into a definitive agreement to acquire the remaining 66% of The Burgiss Group, LLC for $697 million in cash. Burgiss is a Hoboken, New Jersey-based market-leading provider of data, analytics, and technology solutions for investors in private assets. Since its initial investment in January 2020, MSCI will have invested $913 million to acquire all of Burgiss.

Redaptive: How This Energy-As-A-Service Company Is Disrupting A $35+ Billion Market

By Amit Chowdhry ● Aug 15, 2023

Redaptive is an Energy-as-a-Service company that funds and installs energy-saving and energy-generating equipment. The company’s programs help many of the world’s most sophisticated organizations reduce energy waste, save money, lower carbon emissions, and meet sustainability goals across their entire real estate portfolios. Pulse 2.0 interviewed Redaptive CEO Arvin Vohra to learn more.

PayPal Appoints Alex Chriss As President And CEO

By Amit Chowdhry ● Aug 15, 2023

PayPal announced its Board of Directors appointed senior Intuit executive Alex Chriss as President and CEO, effective September 27, 2023. Chriss will also join the Board on that date.

Ford Hires Peter Stern As Integrated Services Head

By Amit Chowdhry ● Aug 14, 2023

Ford has named Apple veteran Peter Stern to lead the newly formed Ford Integrated Services, which will create and market valuable software-enabled customer experiences across Ford Blue, Model e and Ford Pro. Stern had previously served as vice president of Services at Apple for more than six years through January 2023 and was a driving force behind the launch of Apple’s portfolio of services, including Apple TV+, Apple News+, Apple Arcade, Apple Fitness+, MLS Season Pass and Apple One.

Harmony Biosciences Buying Zynerba Pharmaceuticals For Up To $200 Million

By Amit Chowdhry ● Aug 14, 2023

Harmony Biosciences Holdings - a pharmaceutical company dedicated to developing and commercializing innovative therapies for patients with rare neurological diseases - recently announced a definitive agreement to acquire Zynerba Pharmaceuticals (Nasdaq: ZYNE), a leader in innovative pharmaceutically produced transdermal cannabinoid therapies for orphan neuropsychiatric disorders, including Fragile X syndrome (FXS).

Eagle Merchant Partners: Fund I Closed At $265 Million

By Amit Chowdhry ● Aug 14, 2023

Eagle Merchant Partners - a private equity firm investing in lower middle-market franchise, consumer, and industrial companies - recently announced the closing of its inaugural fund, Eagle Merchant Partners I, L.P. The fund had closed with over $265 million, which was well more than its initial target.

K4Connect: $8.9 Million Closed To Provide Enterprise Technologies For Senior Living Communities

By Dan Anderson ● Aug 14, 2023

K4Connect - a leading provider of enterprise technologies for senior living communities - recently announced it raised $8.9 million in a new investment round co-led by Bryce Catalyst and AVP (AXA Venture Partners), with continuing support from other existing investors, including Intel Capital, Forté Ventures, Topmark Partners, and the Ziegler-Linkage Fund. This latest funding round brings the company's total funding raised to $39 million and will be used for driving further adoption in the senior living market while continuing to rapidly advance its patented FusionOS integration technology and K4Community Engagement Suite.

Ossium Health: $52 Million Raised To Develop First Bank Of On-Demand Bone Marrow

By Amit Chowdhry ● Aug 14, 2023

Ossium Health - a bioengineering company developing the world's first bank of on-demand bone marrow - recently announced a $52 million Series C funding round. The funding round was led by CPMG, with participation from Vivo Capital, First Round Capital, Manta Ray Ventures, Alumni Ventures, and Asahi Kasei. And the company is improving the health, vitality, and longevity of human beings through bioengineering and will deploy this funding to grow its proprietary bone marrow bank dramatically, build on existing clinical trials, and accelerate new product development.

Solink: $60 Million Secured To Grow Physical Security For Businesses

By Annie Baker ● Aug 14, 2023

Solink - a leading physical security company for businesses - recently announced it has closed $60 million in a Series C investment round. This funding round was led by the Growth Equity business within Goldman Sachs Asset Management with participation from the company’s existing investors, OMERS Ventures and BDC IT Ventures. And the investment from Goldman Sachs comes from its recently launched $5.2 billion growth equity fund, dedicated to investing in high-growth businesses with strong market positioning and durable business models.

Valhalla Ventures: $66 Million Fund I Launches To Invest In Deeptech And Gaming Companies

By Amit Chowdhry ● Aug 14, 2023

Valhalla Ventures - an early-stage venture capital firm - recently announced its debut $66 million flagship fund to invest in audacious innovators challenging the status quo across deeptech and gaming. And the firm is committed to supporting entrepreneurs who are unafraid to question consensus views and push the boundaries of science and engineering.

Goodwater: Over $1 Billion Raised For Supporting Consumer Technology Companies

By Amit Chowdhry ● Aug 14, 2023

Goodwater - one of the largest venture capital fund exclusively focused on consumer tech investments - recently announced that it has raised over $1 billion across its family of early and growth-stage funds. And with this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a consumer tech focus and global reach, the firm has backed 79 early and growth-stage startups in 19 countries worldwide.

Nirvana Water Sciences: Wellness Beverage Company Closes $2.625 Million In Funding

By Noah Long ● Aug 14, 2023

Nirvana Water Sciences - an innovative wellness and functional beverage company - recently announced a further investment of $2.625 million by Flagstaff International and other current investors. This funding round will fuel the growth of Nirvana's new functional spring waters and seltzers in traditional retail and support a new joint venture with Inspire Health Alliance, LLC, a pioneering healthcare service network with more than 1,500 physicians and surgeons across the U.S.

Ennabl: Insurtech Data Analytics Company Raises $8 Million

By Dan Anderson ● Aug 14, 2023

Ennabl - a leading Insurtech data analytics platform - recently announced the successful completion of its Series A funding at $8 million. This funding round will accelerate the company's growth and expand its market reach.

AsclepiX Therapeutics: $10 Million Raised For Advancing Phase 1/2a Clinical Study of AXT107

By Annie Baker ● Aug 14, 2023

AsclepiX Therapeutics - a clinical-stage biotech company leveraging computational biology from Johns Hopkins to identify and develop peptides for improved treatments of retinal diseases - recently announced that it has secured a $10 million Series A-3 financing.

Beyond Finance: Dr. Erika Rasure On Financial Wellness

By Amit Chowdhry ● Aug 14, 2023

Beyond Finance is a next-generation fintech company created to move people beyond debt and help transform their lives. And every day, the Beyond Finance team supports clients by offering individualized care, financial counseling and education, and customized solutions to improve their circumstances. Pulse 2.0 interviewed Beyond Finance Client Financial Therapist Dr. Erika Rasure to learn more.

Traceable AI: This Sophisticated API Protection Company Grew Over 270% Year-Over-Year

By Amit Chowdhry ● Aug 14, 2023

Traceable is a leading API Security company that helps organizations achieve API protection in a cloud-first world. Pulse 2.0 interviewed Traceable CTO and co-founder Sanjay Nagaraj to learn more.

Shopic: This Company Enables Supermarkets To Offer Smarter Carts In A $4 Billion Market

By Amit Chowdhry ● Aug 14, 2023

Shopic is a company that offers a clip-on device that allows supermarket shoppers to turn any shopping cart into a computer vision-enhanced “smart cart” with a touchscreen interface. Pulse 2.0 interviewed Shopic CTO and co-founder Eran Kravitz to learn more about the company.

Disprz: AI-Powered Learning And Skilling Suite Company Closes $30 Million

By Dan Anderson ● Aug 13, 2023

Disprz - an AI-powered learning and skilling suite - recently announced it had raised $30 million in its Series C funding round led by Lumos Capital and 360 ONE Asset (IIFL), with participation from Kae Capital, KOIS, & Dallas Venture Capital.

Persist AI: $4 Million Secured To Rapidly Accelerate Drug Formulation

By Annie Baker ● Aug 13, 2023

Persist AI - an AI-driven pioneer in drug formulation - recently announced the closing of an oversubscribed $4M financing round following their completion of Y Combinator, the renowned startup accelerator. And the funding round was led by 2048 Ventures with the participation of Innospark Ventures, Fellows Fund, Y Combinator, Pioneer Fund, and others.

GroGuru: Water Management Company Raises $2.3 Million In Funding

By Noah Long ● Aug 13, 2023

GroGuru - a leader in strategic water management for commercial farmers, today announced the completion of a Series Seed A financing round with $2.3 million in funding. This funding round was co-led by Cove Fund and Impact Venture Capital.

Ubicept: Computer Vision Technology Company Closes $8 Million

By Noah Long ● Aug 13, 2023

Computer vision technology company Ubicept recently announced it has secured $8 million in funding. Ubiquity Ventures and E14 Fund led the oversubscribed seed investment round with participation from Wisconsin Alumni Research Foundation, Phoenix Venture Partners (PVP), and several other investors and angel contributors.

Akooda: Operations Intelligence Platform Closes $11 Million In Funding

By Dan Anderson ● Aug 13, 2023

Operations Intelligence platform company Akooda recently announced $11 million in seed funding from NFX, Atlassian Ventures, Village Global, Founder Collective, and others. Akooda’s platform utilizes AI to effectively locate, access, and analyze critical data scattered across an organization and help solve business challenges in real-time. The company plans to use the funding to develop its product suite further and expand its customer base.

AppHub: E-Commerce Enablement Company Raises $95 Million

By Annie Baker ● Aug 13, 2023

AppHub - an e-commerce enablement platform serving merchants across e-commerce platforms like Shopify, WooCommerce, and BigCommerce - recently announced a $95 million strategic growth investment from PSG. PSG joins existing investor Silversmith Capital Partners, which will continue its partnership with AppHub.

MindsDB: $46.5 Million In Total Seed Raised After Securing Funding From NVIDIA’s VC Arm

By Amit Chowdhry ● Aug 13, 2023

MindsDB - an artificial intelligence virtual database enabling the creation of the next wave of AI-centered applications - recently announced an investment from NVentures (NVIDIA’s venture capital arm), raising total seed funding at $46.5 million.

Roper Technologies Buying Syntellis Performance For $1.25 Billion: Details

By Amit Chowdhry ● Aug 12, 2023

Roper Technologies recently announced that it completed the acquisition of Syntellis Performance Solutions for a net purchase price of $1.25 billion, including a $135 million tax benefit resulting from the transaction. And the net purchase price represents approximately 15 times Syntellis’ expected 2024 EBITDA.

Why Rubrik Is Buying Data Security Posture Management Leader Laminar

By Amit Chowdhry ● Aug 12, 2023

Zero Trust Data Security company Rubrik recently announced it has signed an agreement to acquire Laminar, a leading data security posture management (DSPM) platform.

Ozlo Sleep: $10 Million Funding And Sleepbuds Product On The Way

By Noah Long ● Aug 12, 2023

Ozlo Sleep - a science-driven sleep and audio technology company - recently emerged from stealth today with plans to launch Ozlo Sleepbuds, a revolutionary headphone explicitly designed for sleep. And Ozlo aims to clinically enhance rest without pharmaceutical intervention to improve both wakefulness and the quality of mental and physical well-being. Ozlo’s Sleepbuds will launch later this summer after completing a $10 million Series A funding round led by LifeArc Ventures and ARTIS Ventures last fall.