Archives

Tenet: Climate Fintech Platform Company Closes Over $30 Million

By Annie Baker ● Nov 27, 2023

Tenet Energy - a climate fintech platform that helps consumers and businesses drive electric vehicles (EVs) for less - recently announced that it has closed a funding round of over $30 million, including over $10 million in Series A investment and a $20 million warehouse debt facility.

Granite Creek Capital Partners: $300 Million Third Fund And NYP Acquisition

By Amit Chowdhry ● Nov 27, 2023

Granite Creek Capital Partners - a private investment firm based in Chicago - recently announced the oversubscribed closing of its third investment fund, Granite Creek FlexCap III, L.P., a $300 million fund focused on providing flexible capital to growing lower middle market companies. The company also recently announced the acquisition of NYP Corp.

Expanso: $7.5 Million Raised To Help Enterprises Manage Data Needs

By Amit Chowdhry ● Nov 27, 2023

Expanso - a startup built to help enterprises manage their ever-growing data needs with a distributed approach to big data processing powered by its open-source software Bacalhau - recently announced it has raised $7.5 million in seed funding led by General Catalyst and Hetz Ventures, along with Array Ventures.

BH Compliance: Measuring The Effectiveness Of Corporate Governance Practices

By Amit Chowdhry ● Nov 27, 2023

BH Compliance is an enterprise that measures the effectiveness of corporate governance practices, allowing companies to evaluate and verify the efficacy of their good practices, in addition to facilitating the early detection of possible gaps to correct them on time to prevent white-collar crimes and improve their bottom line more effectively. Pulse 2.0 interviewed BH Compliance CEO Susana Sierra to learn more about the company.

Qualiti: This AI-Managed Test Solution Runs And Maintains A Full Test Automation Suite

By Amit Chowdhry ● Nov 27, 2023

Qualiti is an AI-managed test automation solution that creates, maintains, executes, and triages tests for you. So bow you can move on from writing and maintaining these tests and actually focus on creative tasks in QA and the end-user experience. Pulse 2.0 interviewed Qualiti co-founder and COO Jeff Handy to learn more.

Firefly Aerospace: Series C Tranche Raised, Hitting About $300 Million To Date

By Amit Chowdhry ● Nov 26, 2023

Firefly Aerospace - an end-to-end space transportation company - recently announced the closing of another tranche of financing, valuing the company at $1.5 billion pre-money. The funding round is being led by existing investors, including AE Industrial Partners, LP, and new investors, including Mitsui & Co., Ltd. Firefly has raised approximately $300 million in funding since February 2023.

AI21: Enterprise AI Systems Company Raises $208 Million Oversubscribed Series C

By Amit Chowdhry ● Nov 26, 2023

AI21 - a leader in enterprise AI systems - recently announced the completion of its $208 million Series C funding at a valuation of $1.4 billion. The company saw participation from additional new investors, including Intel Capital, the venture capital arm of Intel Corporation, and Comcast Ventures (the venture capital arm of Comcast Corporation), which joined previously announced investors. This new round of funding brings the company's total capital raised to $336 million, accelerating AI21's purpose-driven approach in the era of AI-first enterprises.

Forward Therapeutics: $50 Million Raised To Develop Small Molecule Therapies For Immunological And Inflammatory Disorders

By Amit Chowdhry ● Nov 26, 2023

Forward Therapeutics - a biopharmaceutical company developing next-generation small molecule therapies for chronic immunological and inflammatory disorders - recently announced a $50 million Series A financing. The funding was led by BVF Partners LP with participation from other leading life sciences investors RA Capital Management and OrbiMed.

Transcend: Investment From Citi Secured To Accelerate Optimization Solutions

By Noah Long ● Nov 26, 2023

Transcend - a leading provider of liquidity, funding, and collateral optimization solutions - recently welcomed Citi as their latest investor. This investment was made through Citi's Strategic Investments arm, which invests in innovative fintech companies globally that are strategically aligned to Citi's institutional businesses.

Union Labs: Zero-Knowledge Interoperability Layer Company Secures $4 Million

By Amit Chowdhry ● Nov 26, 2023

Union Labs - the team creating a hyper-efficient zero-knowledge interoperability layer - recently announced that it raised $4 million in seed funding to build the first fully trustless bridge that connects appchains, layer 1, and layer 2 networks. Capital secured is also earmarked for the expansion of Union's seasoned team, comprised of leaders from Composable Finance; Consensys; Tokensoft; and Polygon; in anticipation of its upcoming mainnet launch. Other notable investors in the round include Lightshift and Chorus One.

Fillogic: Channel-Free Logistics Company Raises $13 Million

By Annie Baker ● Nov 26, 2023

Fillogic - a leading technology platform for Channel-Free Logistics, is thrilled to announce the closing of its $13 million Series A funding round, led by Revelry Venture Partners (RVP). This funding will fast-track Fillogic's product development and nationwide expansion of its highly efficient, sustainable logistics technology ecosystem.

Factor Capital Management: $10 Million In Commitments Closed For First Fund

By Annie Baker ● Nov 24, 2023

Factor Capital Management - an investment firm founded by former GSR Markets and Two Sigma Investments Executive Jake Dwyer - recently announced the launch and first close of its Factor Venture Capital Fund I with approximately $10 million in commitments. The fund aims to invest up to $30m in seed-stage startups that leverage blockchain technology to solve real-world problems.

X-Bow Systems: Funding From Lockheed Martin Ventures And Additional Investors Received

By Dan Anderson ● Nov 24, 2023

X-Bow Systems - an American low-cost hypersonics provider - recently announced the closing of an interim funding round led by Lockheed Martin Ventures, the venture arm of Lockheed Martin. Additional investors included Crosslink Capital, Razor's Edge Ventures, Balerion Space Ventures, Bravo Victor Venture Capital, and Capital Factory.

Lavender: How This AI-Driven Company Helps Write Effective Sales Emails

By Amit Chowdhry ● Nov 24, 2023

Lavender is an AI email assistant that combines everything you need to easily write sales emails that get replies. Pulse 2.0 interviewed Lavender co-founder and CEO William Ballance to learn more.

Evolv AI: Intelligent Digital Experience Optimization And Personalization Company Raises $13.3 Million

By Dan Anderson ● Nov 24, 2023

Evolv AI - the maker of a leading intelligent digital experience optimization and personalization platform - recently announced the closing and conversion of their previously issued convertible notes and a new equity round for $13.3 million in new funding. Horizons Ventures led the funding round, and it brings their total funding to date to $23.3 million.

Vulcan Cyber: Cyber Risk Management Platform Company Closes $55 Million

By Amit Chowdhry ● Nov 24, 2023

Vulcan Cyber - the developers of a market-leading cyber risk management platform - recently announced it has closed its $55 million Series B with the addition of a $34 million investment led by Maor Investments and Ten Eleven Ventures with participation from existing Vulcan Cyber investors Dawn Capital and Wipro Ventures. This latest funding round marks $70 million invested in Vulcan Cyber.

Incode Technologies: How This Company Is Transforming The Integrated Identity Market

By Amit Chowdhry ● Nov 24, 2023

Incode provides a fully automated AI-powered platform that drives conversion while offering advanced fraud protection with the highest privacy and safety standards for global financial services, gaming, hospitality, government, and entertainment organizations. Pulse 2.0 interviewed Incode Technologies founder and CEO Ricardo Amper to learn more.

Era: AI-Powered Wealth Management Company Raises $3.1 Million

By Annie Baker ● Nov 23, 2023

Era - an AI-powered wealth management platform making wealth management more accessible - recently announced its launch and $3.1 million Seed led by Northzone with participation from Protagonist and Designer Fund. Era utilizes artificial intelligence to personalize wealth management advice and automate financial tasks, ultimately bridging the gulf between financial access and ambition and making wealth management more accessible.

Workshop: Internal Communications Platform Company Secures $12 Million

By Amit Chowdhry ● Nov 23, 2023

Workshop - an email platform for internal communications - recently announced that the company has raised $12 million in Series A funding. McCarthy Capital led the funding round out of their Emerging Growth strategy. It also included support from prominent Midwest venture funds, including Ludlow Ventures and M25.

ZeitLife Receives Investment From National Kidney Foundation’s Innovation Fund

By Dan Anderson ● Nov 22, 2023

The National Kidney Foundation (NKF) recently announced its latest investment through the NKF Innovation Fund. ZeitLife Transplant Innovations is a global medical device company specializing in advancing technologies to modernize kidney preservation and logistics.

Entrio: Tech Adoption Platform Company Extends Round To $11 Million

By Dan Anderson ● Nov 22, 2023

Entrio - an Israel-based tech adoption platform company - recently announced that it extended its recent funding round to $11 million and welcomed new investors American Family Ventures, Fin Capital, and Selah Ventures with additional support from existing investor Alicorn.

Default: AI-Powered Inbound Sales Funnel Rolls Out And $6.6 Million Seed Funding Unveiled

By Annie Baker ● Nov 22, 2023

Default - an all-in-one platform for inbound sales - recently announced the rollout of its AI-powered inbound sales funnel. Utilized by SaaS companies, fintechs, and businesses with an inbound sales strategy, the new engine helps go-to-market teams automate inbound workflows, generates unique insights about inbound leads and accounts, and improves integration between ingested data and first-party records so that no leads go missing. The company also unveiled a $6.6 million funding round.