Archives

Heranova Lifesciences: $13.5 Million Raised To Develop Women’s Health Solutions

By Annie Baker ● Jan 3, 2024

Heranova Lifesciences Holding Ltd. recently announced the successful completion of a $13.5 million seed and seed+ financing to develop and offer integrated Women's Health solutions worldwide. This funding round will be used to launch a series of non-invasive endometriosis tests and advance two innovative (non-hormonal and non-antibiotic) therapeutic programs for endometriosis and bacterial vaginosis.

VinFast: How This Company Plans To Make EVs Smarter And More Accessible

By Amit Chowdhry ● Jan 3, 2024

VinFast is a company that has emerged not just as an automaker but as a visionary in the realm of intelligent mobility. And the company's mission is clear: to make electric vehicles smarter and more accessible, propelling people worldwide toward a sustainable future. Pulse 2.0 interviewed Nguyen Thi Van Anh, CEO of VinFast US Manufacturing, to learn more about the company.

Sonera: Building High-Performance Sensors To Make Neural Data Accessible On A Wide Scale

By Amit Chowdhry ● Jan 3, 2024

Sonera is an early-stage startup developing high-performance sensors for non-invasive brain-computer interfaces with the goal of making neural data accessible on a wide scale. Pulse 2.0 interviewed Sonera CEO and co-founder Nishita Deka to learn more about the company.

Strada: Improving Workflow Efficiency And Automation For Creatives

By Amit Chowdhry ● Jan 3, 2024

Strada is a company that is improving workflow efficiency and automation by developing the first A.I. marketplace for creatives. The company was founded by CEO Michael Cioni. Cioni is a four-time Emmy Award winner, and he was the co-founder and CEO of the post-house Light Iron (acquired by Panavision) and served as product director for Panavision's Millennium DXL 8K camera ecosystem. As Senior Director of Global Innovation at Frame.io (an Adobe company), Cioni also led numerous workflow innovations, including the transformative Camera to Cloud technology. Pulse 2.0 interviewed Cioni to learn more about the company.

Myers Industries Buying Signature Systems For About $350 Million

By Annie Baker ● Jan 2, 2024

Myers Industries - a leading manufacturer and distributor of industrial products - announced today that it has entered into an agreement and plan of merger. Myers will acquire Signature Systems, a leader in composite ground protection solutions. These are the details.

EchoStar And DISH Network Complete Merger

By Noah Long ● Jan 2, 2024

Today, EchoStar announced the completion of its acquisition of DISH Network on December 31, 2023. To complete the acquisition, a wholly owned subsidiary of EchoStar has merged with and into DISH Network, with DISH Network surviving the merger as a wholly owned subsidiary of EchoStar.

ImmunityBio: Up To $320 Million Investment Being Provided By Oberland Capital

By Amit Chowdhry ● Jan 2, 2024

ImmunityBio - a clinical-stage immunotherapy company- announced today an up to $320 million royalty financing and equity investment in the company by Oberland Capital, with $210 million of gross proceeds received at closing on December 29, 2023. The additional investment provides significant financial resources for the company to accelerate its commercialization efforts in anticipation of a potential regulatory approval and expand its pipeline within the broader urological cancer space. The proceeds will also fund ongoing business operations and clinical trials expanding N-803 (Anktiva) indications into multiple solid tumors.

UltiHash: Sustainable Data Storage Solution Company Raises $2.5 Million

By Amit Chowdhry ● Jan 2, 2024

UltiHash - the first high-performance and sustainable data storage solution - recently announced it has raised $2.5 million in pre-seed funding. This funding round was led by Inventure, with participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen (founder of Robocorp and angel scout for Sequoia Capital), and other private investors. UltiHash joined a market where data growth is skyrocketing, and the environment is being taxed for the fuel. Digital data generates a lot of carbon emissions. This rising tide of data will lift the boats with the data storage to facilitate high-performance applications like process optimization and product development.

Blackdot: Building An Automatic Tattooing Device And Online Marketplace Company In Over A $3 Billion Market

By Amit Chowdhry ● Jan 2, 2024

Blackdot is a company that uses new technologies to drive a positive path forward for the art, artists, and people for whom the body is a canvas to tell their stories. And by creating the world’s first automatic tattooing device and providing an online tattoo art marketplace, Blackdot offers tattoo seekers unmatched self-expression through its replicable studio-based tattoo platform. Pulse 2.0 interviewed Blackdot founder and CEO Joel Pennington to learn more about the company.

Voyager Therapeutics Signs $1.2 Billion Capsid License Agreement And Strategic Collaboration With Novartis

By Amit Chowdhry ● Jan 2, 2024

Voyager Therapeutics - a biotechnology company dedicated to advancing neurogenetic medicines - today announced a strategic collaboration and capsid license agreement with Novartis Pharma AG, a subsidiary of Novartis AG, to advance potential gene therapies for Huntington’s disease (HD) and spinal muscular atrophy (SMA). And Voyager will provide Novartis a target-exclusive license to access Voyager’s TRACER capsids and other intellectual property for the respective diseases. Voyager and Novartis will collaborate to advance a preclinical gene therapy candidate for HD.

Red Cell Partners: $91 Million Closed For Incubation Fund

By Amit Chowdhry ● Jan 2, 2024

Red Cell Partners - a McLean, VA-based incubation firm building rapidly scalable technology-led companies that are bringing advancements to market in healthcare and national security - recently announced the closing of $91 million in new capital for a new incubation fund, RCIF I. This new fund allows the firm to back incubations, raising early-stage rounds.

Phrasee: How This Company Helps Brands Generate And Personalized Content At Scale

By Amit Chowdhry ● Jan 2, 2024

Wondr Health: Delivering Personalized Weight Management Tools In Over A $50 Billion Market

By Amit Chowdhry ● Jan 2, 2024

Roche Buying LumiraDx’s Point Of Care Technology Platform For $295 Million

By Annie Baker ● Jan 2, 2024

LumiraDx Limited - a next-generation point-of-care diagnostics company - recently announced the appointment of joint administrators for two of its subsidiaries. And the administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx’s innovative point-of-care technology to Roche.

Devoted Health: $175 Million To Improve Medical Care For Older Americans

By Amit Chowdhry ● Jan 1, 2024

Devoted Health - an all-in-one healthcare company for Medicare beneficiaries, delivering health insurance, virtual-first medical care, and sophisticated service experience - recently announced that it has closed on $175 million of Series E funding.

Crescenta: Spain-Based Investment Service Management Raises €3.5 Million

By Amit Chowdhry ● Jan 1, 2024

Crescenta - Spain’s first digital fund manager for private equity investment - recently announced that it expanded its pre-seed financing round with €2 million in addition to the €1.5 million announced last July. This funding brings the total amount of the round to €3.5 million, which makes it Spain’s largest pre-seed round in the fintech sector.

Cloverleaf: Offering Customized Coaching Tools In A $4+ Billion Market

By Amit Chowdhry ● Jan 1, 2024

Cloverleaf is a technology platform that is bringing automated team coaching to the entire enterprise through real-time, customized coaching in the tools employees use every day (calendar, email, and Slack / Microsoft Teams). The result is better collaboration, improved employee relationships, and a more engaged workforce. Pulse 2.0 interviewed Cloverleaf CEO Darrin Murriner to learn more about the company.

CaskX: How This Whiskey Cask Investment Company Is Rapidly Growing In An $80+ Billion Market

By Amit Chowdhry ● Jan 1, 2024

CaskX is a company that provides a platform that makes it easy for investors to purchase portfolios of Bourbon Barrels and Scotch Whiskey casks from leading distilleries. Pulse 2.0 interviewed CaskX CEO Jeremy Kasler to learn more about the company.

Pluristyx: Funding Round Raised To Boost Cell Therapy

By Dan Anderson ● Dec 29, 2023

Pluristyx - a leading provider of tools, technologies and services for the development of cell therapies - recently announced the closing of a major fundraising round led by BroadOak Capital Partners. The oversubscribed funding round featured participation from existing investors and key opinion leaders across the life sciences industry.

Formless: $2.2 Million Raised To Create Virtual And Physical Experiences

By Annie Baker ● Dec 29, 2023

Formless - a company building decentralized network infrastructure for property rights management and revenue sharing - recently announced the successful raise of over $2.2 million in pre-seed funding. And the consortium of investors includes a16z Crypto CSS, Beacon web3 accelerator, and angel investors that include Sandeep Nailwal (Co-Founder of Polygon Network), Ryan Fang (Co-Founder and COO of Ankr), Dharmesh Shah (Founder and CTO of HubSpot), and Dallas Austin (Grammy-award winning producer and CEO of Dallas Austin Distribution).

PaintJet: Robotics Company Closes $10 Million To Bring Automation To Industrial Painting

By Noah Long ● Dec 29, 2023

PaintJet - the robotics company bringing automation to industrial painting - recently announced it has raised $10 million in Series A funding to bring critical automation technology to the construction industry and address widespread labor shortages. And the latest funding round was led by Outsiders Fund with participation from 53 Stations, Dynamo, Pathbreaker Ventures, MetaProp and VSC Ventures. This brings PaintJet’s total funding to $14.75 million.

ElastiFlow: Network Observability Solutions Company Secures $3 Million

By Dan Anderson ● Dec 29, 2023

ElastiFlow - a leading provider of network observability solutions - recently announced the successful completion of a $3 million seed funding round led by Venture Guides. This investment will fuel the ElastiFlow mission to redefine the landscape of network observability and accelerate the company's growth.

Salt Labs: Loyalty/Financial Tech Company Raises $8 Million From Third Prime

By Annie Baker ● Dec 29, 2023

Salt Labs - a loyalty and financial technology company that bridges the gap between employers and employees - recently announced Third Prime has invested $8 million in the company.

Hyperlink Ventures: $32 Million Debut Fund Launches To Invest In Next-Gen B2B Companies

By Amit Chowdhry ● Dec 29, 2023

Hyperlink Ventures - a new venture capital firm founded earlier this year and managed by three up-and-coming partners, Eli Cole, Sarosh Adi, and Piran Adi - recently announced closing its oversubscribed first fund at $32 million. The new fund will invest primarily in Series A and Series B stage companies, focusing on technology breakthroughs that help the world’s largest corporations and industries increase productivity through software.

PolicyMap: Geographic Data And Analytics Platform Closes $3 Million

By Dan Anderson ● Dec 29, 2023

PolicyMap - a leading geographic data and analytics company - recently announced the closing of a $ 3 million Series A financing round led by existing investor Reinvestment Fund and joined by Ben Franklin Technology Partners, Spring Point Partners, PolicyMap Board Members, Employees, and Friends and Family.

Axelspace: Microsatellite Company Raises $44 Million

By Annie Baker ● Dec 29, 2023

Axelspace Holdings recently announced that the company completed its Series D funding round, raising approximately JPY 6.24 billion (equivalent to $44 million). This funding round sees the allocation of new shares to SMBC-GB Growth I Investment Limited Partnership, several venture capital firms, and corporate investors. This funding round brings the cumulative amount of equity financing to approximately JPY 14.3 billion.

NDI: How This Company’s Technology Is Helping Facilitate Virtual Broadcasting Studios In A Multi-Billion TAM

By Amit Chowdhry ● Dec 29, 2023

NDI originally started out as a proprietary technology invented and used within NewTek (a company acquired by Vizrt Group). Today, NewTek is no longer but NDI and Vizrt operate as standalone companies within the Vizrt Group. Pulse 2.0 interviewed NDI Head of Strategy Miguel Coutinho to learn more.

Pattern Energy: $11 Billion In Financing Closed For Largest Clean Energy Infrastructure Project In U.S. History

By Amit Chowdhry ● Dec 29, 2023

Pattern Energy Group LP - a leader in renewable energy and transmission infrastructure - recently announced that it has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, the largest clean energy infrastructure project in U.S. history.

Main Street Capital Invests $43.2 Million In Pinnacle Topco

By Annie Baker ● Dec 29, 2023

Main Street Capital Corporation recently announced that it recently completed a new portfolio investment totaling $43.2 million to facilitate the recapitalization of Pinnacle Plastics, Inc. and Integrity Plastics, Inc. (known as Pinnacle together), a manufacturer and distributor of commercial can liners, polyethylene bags, produce bags, and other adjacent products for use predominantly in the quick-service restaurant, convenience store, and janitorial services industries.

MediWound Receives $6.7 Million U.S. DoD Funding For Advancing NexoBrid Development

By Amit Chowdhry ● Dec 29, 2023

MediWound - a fully-integrated biopharmaceutical company focused on next-generation enzymatic therapeutics for tissue repair - recently announced that the U.S. Department of Defense (DoD), through the Medical Technology Enterprise Consortium (MTEC) has awarded MediWound an additional $6.7 million in non-dilutive funding for developing NexoBrid as a non-surgical solution for field-care burn treatment for the U.S. Army.