Archives

Alcatel-Lucent Enterprise: A Discussion About Customer Experience, Supply Chain Automation, And ESG

By Amit Chowdhry ● Aug 7, 2023

Alcatel-Lucent Enterprise is a company that offers communication equipment and services to telecommunications companies, ISPs, and data providers. Pulse 2.0 interviewed Alcatel-Lucent Enterprise EVP, Chief Business Officer Rukmini Glanard, and EVP of Global Operations, Business Technology and Quality Rasheed Mohamad to learn more.

Orbital: Finance And Crypto Payments Company Secures £5 Million

By Amit Chowdhry ● Aug 6, 2023

Orbital - a London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises - recently announced it has raised £5 million ($6.4 million) in an oversubscribed growth round led by Golden Record Ventures at an attractive valuation in which the founders are maintaining a large majority. The participants in the round include New Form Capital, GSRV, Psalion and Luminous Futures.

Lionsgate And Hasbro Buying Independent Content Platform eOne In A $500 Million Deal

By Annie Baker ● Aug 6, 2023

Lionsgate (NYSE: LGF.A, LGF.B) and Hasbro (NASDAQ: HAS) recently announced that they have signed an agreement under which Lionsgate will acquire the independent content platform eOne in a transaction valued at approximately $500 million, comprised of cash of $375 million subject to additional purchase price adjustments, and the assumption of production financing loans. This agreement is subject to customary closing conditions.

Language I/O: Business-Accurate Translation Technology Company Secures $8 Million

By Amit Chowdhry ● Aug 6, 2023

Language I/O (LIO) - a leader in real-time, business-accurate translation technology - recently announced an $8 million Series A1 funding round led by Joint Effects, a venture capital firm based in Boston, MA.

Fungies.io: Pre-Seed Funding Round Closed To Help Game Developers Set Up Web Shops

By Amit Chowdhry ● Aug 6, 2023

Fungies.io recently announced the closure of its Pre-Seed funding round with investments from firms like Depo Ventures, Czechfounders.VC, Necto Labs, CV VC, Outlier Ventures, Tatum, and StartupYard.

Sonio: FDA 510(k) Clearance Received For Use Of AI In Prenatal Ultrasounds

By Amit Chowdhry ● Aug 5, 2023

Sonio - an AI company revolutionizing fetal ultrasounds - recently announced that their proprietary approach to ultrasound exams on pregnant people has been recognized in the United States as a product that meets health performance and safety standards. And Sonio has received Regulatory Class II FDA clearance for Sonio Detect. This product uses AI to ensure high-quality exams, automatically detecting views and quality criteria of ultrasound images.

Lightbend: Enhanced Developer Experience for Kalix Launches

By Amit Chowdhry ● Aug 5, 2023

Lightbend - the company providing cloud-native microservices frameworks for some of the world’s largest brands - recently announced a completely new Developer Experience (DX) for Kalix, a unique Platform-as-a-Service (PaaS) offering that delivers an innovative programming model explicitly designed to quickly build scalable, mission-critical, stateful applications in a serverless architecture while focusing solely on the application's business logic.

New Relic Being Taken Private By Francisco Partners And TPG For $6.5 Billion: Details

By Amit Chowdhry ● Aug 5, 2023

New Relic (NYSE: NEWR) - an all-in-one observability platform for every engineer - recently announced that it has entered into a definitive agreement to be acquired by Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a leading global alternative asset management firm, for $87.00 per share in cash. The all-cash transaction values New Relic at an equity valuation of approximately $6.5 billion.

Allarity Therapeutics And FivepHusion Collaborating On The Support Of Clinical Development Of Deflexifol

By Amit Chowdhry ● Aug 4, 2023

Allarity Therapeutics - a clinical-stage pharmaceutical company developing novel oncology therapeutics together with drug-specific DRP companion diagnostics for personalized cancer care - and Detsamma Investments Pty. Ltd. trading as “FivepHusion,” which is an advanced clinical-stage biotechnology company developing Deflexifol, an optimized all-in-one formulation of the chemotherapeutic agent 5-fluorouracil (5FU) and its biomodulator leucovorin (LV), announced recently that the two companies have entered into a Clinical Collaboration Agreement.

Leostream: This Company Supports Customers With Hosted Desktop Environments In A $5.5 Billion Market

By Amit Chowdhry ● Aug 4, 2023

Leostream is a company that has developed a platform that supports customers with hosted desktop environments, including VDI, hybrid cloud, and high-performance display protocols. Pulse 2.0 interviewed Leostream CEO Karen Gondoly to learn more.

CoSo Cloud: This Company Secures Managed Services For Enterprise Organizations In Over A $25 Billion Market

By Amit Chowdhry ● Aug 4, 2023

CYTRIO: Becoming A Go-To Data Privacy Rights Management Platform In Over A $1 Billion Market

By Amit Chowdhry ● Aug 4, 2023

CYTRIO is a software-as-a-service (SaaS) data privacy rights management platform that helps organizations comply with data privacy regulations such as CCPA, CPRA, VCDPA, CPA, and others. Pulse 2.0 interviewed CYTRIO founder and CEO Vijay Basani to learn more.

Keep Aware: Promoting Cybersecurity Awareness And Training Within Companies

By Amit Chowdhry ● Aug 4, 2023

Keep Aware is a pioneer in human-centric browser security. Its platform eliminates the browser blind spot, ensuring complete visibility of browser activity and providing robust protection against known and unknown people-targeted attacks, including credential phishing, spoofing, social engineering, and malicious extensions. Pulse 2.0 interviewed Keep Aware founder and CEO Ryan Boerner to learn more.

Rembrand: This Company Is A Leader In The $23 Billion Programmatic Product Placement Market

By Amit Chowdhry ● Aug 4, 2023

Septerna: $150 Million Raised To Discover And Advance Novel Oral Small Molecule Medicines Targeting G Protein-Coupled Receptors

By Amit Chowdhry ● Aug 3, 2023

Septerna - a biotechnology company discovering and advancing novel oral small molecule medicines targeting G protein-coupled receptors (GPCRs) - recently announced the closing of a $150 million Series B financing. And the company will use the funds to continue the development of its portfolio of novel products targeting well-validated GPCRs, including the advancement of its lead program targeting the parathyroid hormone 1 receptor (PTH1R) to clinical proof-of-mechanism and preclinical advancement of its program targeting thyroid stimulating hormone receptor (TSHR) and other earlier stage assets.

Crescendo Biologics: $32 Million Raised To Develop Targeted T Cell Enhancing Therapeutics

By Dan Anderson ● Aug 3, 2023

Crescendo Biologics Ltd - a clinical stage immuno-oncology company developing novel targeted T cell enhancing therapeutics - recently announced that it plans to augment the ongoing Phase 1b clinical trial of CB307 through the addition of a new pembrolizumab (anti-PD-1) combination expansion cohort. An additional financing of $32 million has been secured with the support of all major existing shareholders, including Sofinnova Partners, Andera Partners, IP Group BioNTech, Takeda, and Quan Capital, and new investor Kreos Capital to fund the additional combination expansion arm of the adaptive clinical protocol.

Impulse Space: In-Space Transportation Services Company Raises $45 Million

By Noah Long ● Aug 3, 2023

Impulse Space - a leader in developing in-space transportation services for the inner solar system – recently announced it secured $45 million in its Series A funding round. The funding round was led by RTX Ventures, the venture capital arm of RTX (NYSE: RTX).

OneTrust: Trust Intelligence Company Raises $150 Million

By Annie Baker ● Aug 3, 2023

OneTrust - a market-defining leader for trust intelligence - recently announced a $150 million funding round. This funding round will bolster OneTrust’s continued growth to meet customer demand for trust intelligence software. The funding round was led by new investor Generation Investment Management with participation from existing investor Sands Capital, bringing the total funds raised to date to over $1 billion with a current $4.5 billion valuation.

Frigade: $3 Million Secured To Build Developer Tool For Product Onboarding

By Annie Baker ● Aug 3, 2023

Frigade - a product onboarding and adoption solution for React - recently announced $3 million in seed funding. This funding round was led by Craft Ventures and La Famiglia, with participation from Y Combinator, Defy.vc, and Magic.fund, and individual investors like Vercel founder Guillermo Rauch, Dropbox co-founder Arash Ferdowsi and Plaid CTO Jean-Denis Greze.

Supply Change Capital: $40 Million In Funding Closed To Invest In The Future Of Food

By Amit Chowdhry ● Aug 3, 2023

Supply Change Capital - a venture capital firm that is focused on investing in the future of food - recently announced the closing of its inaugural $40 million Fund. As one of the largest Latina-led funds, the firm has deployed over $13 million across 15 early-stage food and agriculture technology companies since June 2021. The firm's investments include deep tech food, agriculture and ingredient companies, supply chain technology, and enterprise software. Latinx, Black, and/or Female Founder/CEOs comprise 80% of the portfolio.

Wisdom Ventures: Oversubscribed $10 Million Fund I Closed To Invest In Wellness Companies

By Amit Chowdhry ● Aug 3, 2023

Wisdom Ventures - an unconventional venture capital firm focused on promoting mindfulness, compassion, well-being, and human connection - recently successfully closed its inaugural Fund I with an oversubscribed raise of $10 million. And this achievement represents a significant milestone for Wisdom Ventures and demonstrates the interest in this opportunity-rich field and trust in its esteemed Limited Partners (LPs).

Angelo Gordon: $1 Billion Closed For Asset Based Specialty Private Credit Opportunities

By Amit Chowdhry ● Aug 3, 2023

Angelo Gordon - a $73 billion alternative investment firm focused on credit and real estate investing - recently announced the final close of the AG Asset Based Credit Fund, L.P. with over $1 billion of equity commitments, exceeding its $800 million target. And the fund received significant support from existing Angelo Gordon clients and new institutional investors attracted to the firm’s demonstrated ability to generate value through global private credit strategies.

Davidson Kempner Capital Management: $3 Billion Opportunities Fund VI Closes

By Amit Chowdhry ● Aug 3, 2023

Davidson Kempner Capital Management LP - a global investment management firm - recently announced that it has closed its Davidson Kempner Opportunities Fund VI (DK Opportunities Fund VI) with $3 billion in capital commitments.

Cosmic Wire: $30 Million Secured For Building Web3 And Blockchain Solutions

By Noah Long ● Aug 3, 2023

Cosmic Wire - a leading technology company innovating Web3 and blockchain solutions - recently announced the completion of their Series Seed round raising $30 million.

Portrait Analytics: $7 Million Closed To Ramp Up Generative AI Platform For Investment Research

By Dan Anderson ● Aug 3, 2023

Portrait Analytics, a developer of a generative AI platform for investment research and thesis creation, announced it had added $7 million in new funding. The funding round was led by Unusual Ventures, with participation from existing investor .406 Ventures and select hedge fund professionals. The investment brings Portrait's total capital raised to $10 million.

BusRight: $7 Million Raised To Advance Safe And Efficient School Bus Technology

By Annie Baker ● Aug 3, 2023

BusRight - a safe and efficient school bus technology provider - recently announced it had raised a $7 million Series A funding round led by Las Olas Venture Capital.

Colleen AI: $3.5 Million Raised To Optimize Rent And Debt Collections For Multifamily Properties

By Noah Long ● Aug 3, 2023

Colleen - an Artificial Intelligence (AI) platform optimizing payment collections for multifamily real estate business - recently announced that it has raised $3.5 million in Series Seed funding.

Bracket Capital: Third Flagship Fund Totaling $150 Million Launches

By Amit Chowdhry ● Aug 3, 2023

Bracket Capital - a global multi-asset investment manager focused on growth and later-stage, technology-enabled companies - recently announced the successful close of its third flagship funds Bracket Capital Fund III, LP, Bracket Capital Fund III-A, LP and related vehicles (collectively known as Fund III), totaling $150 million.

3D BioFibR: $3.52 Million Secured For Commercializing Premium Collagen Fiber Products

By Annie Baker ● Aug 3, 2023

3D BioFibR - a leading innovator in biomaterials for tissue engineering - recently announced it has raised over $3.52 million in seed financing. This financing will expand 3D BioFibR’s facilities to include a climate-controlled biomanufacturing cleanroom and bring its premium collagen fiber products to market.

Mayfield: $250 Million AI Start Seed Fund Launches

By Amit Chowdhry ● Aug 3, 2023

Mayfield - a top-tier early-stage venture capital firm - recently announced the $250 million AI Start (the first seed fund in its history) to partner with AI-first founders starting at Day Zero. And the firm also added Vijay Reddy, an AI-focused investor with a decade of successful seed-stage experience, as a dedicated AI Start Seed Fund partner.