Archives

Why Rocscience Is Buying DIANA FEA

By Noah Long ● Jan 30, 2024

Rocscience (a leading geotechnical software solutions provider), in collaboration with global private equity firm TA Associates, announced the acquisition of DIANA FEA. Based in the Netherlands, DIANA specializes in developing multi-purpose Finite Element Analysis (FEA) software, reinforcing Rocscience's global commitment to advancing engineering solutions.

Carcinotech: 3D Printed Micro-Tumor Technology Company Raises $5.3 Million

By Noah Long ● Jan 30, 2024

Carcinotech announced it has raised $5.3 million of funding as the company looks to build on its traction in the UK and Europe, with US expansion planned later this year.

Boston Metal: Metals Technology Solutions Company Closes $20 Million

By Amit Chowdhry ● Jan 30, 2024

Boston Metal - a global metals technology solutions company - announced a $20 million Series C2 investment from Marunouchi Innovation Partners. This new funding round brings the series total to $282 million.

Roofer.com: Roofing Data Company Raises $7.5 Million

By Annie Baker ● Jan 30, 2024

Roofer.com - an AI-based technology company in the roofing industry - announced that it had raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub.

SER Capital Partners Raises Strategic Investment From Capricorn Investment Group

By Amit Chowdhry ● Jan 30, 2024

SER Capital Partners has announced a strategic minority investment from Capricorn Investment Group’s Sustainable Investors Fund. SER is led by partners Rahul Advani, Sara Graziano, and Rhem Wooten. The partners will continue to control, lead, and manage the minority and woman-owned firm.

Audience Town: Consumer Intelligence Company Raises Additional Funding Round

By Annie Baker ● Jan 30, 2024

Audience Town - a consumer intelligence platform that has advanced data analytics and insights for the real estate industry - announced an additional round of funding led by existing lead investors Wasatch Equity Partners.

Tau Group: €11 Million Extension Raised To Drive Energy Transition Efforts

By Noah Long ● Jan 30, 2024

Tau Group, a leading technology company driving energy transition and decarbonization efforts establishing a new global standard in electric motor insulated wire, announced it successfully closed a €11 million extension to its Series-B funding round.

AQEMIA Increases Series A Funding To €60 Million

By Annie Baker ● Jan 30, 2024

AQEMIA is a company that is continuing to grow rapidly in an effort to discover new drugs with their generative-AI fueled by deep physics. After raising €30 million last year, the tech-enabled drug discovery company announced it has received an additional €30 million investment, which brings the Series A funding round to €60 million.

Afton Scientific Raises Majority Investment From Arlington Capital Partners

By Annie Baker ● Jan 30, 2024

Arlington Capital Partners, a Washington D.C.-area private investment firm specializing in government-regulated industries, announced a majority investment in Afton Scientific, a leading contract, development, and manufacturing organization (CDMO) dedicated to the sterile manufacturing of injectable pharmaceuticals.

TeleSafety Raises Seed Funding Round Led By Launch NY

By Dan Anderson ● Jan 30, 2024

TeleSafety (by Safety Badger) recently announced a round of Seed Funding led by Launch NY, which provides mentoring and access to risk capital for high-growth startups.

Why Amphenol Is Buying The CIT Business From Carlisle

By Annie Baker ● Jan 30, 2024

Amphenol Corporation - a leading global provider of high-technology interconnect, antenna and sensor solutions - announced a definitive agreement to acquire the Carlisle Interconnect Technologies (CIT) business of Carlisle Companies Incorporated for $2.025 billion in cash, subject to customary post-closing adjustments.

Vital Interaction: Healthcare Technology Company Secures $15 Million

By Annie Baker ● Jan 30, 2024

Vital Interaction - a healthcare technology company that combines healthcare data, business intelligence, and workflow automation - announced the closing of $15 million in Series A funding led by Next Coast Ventures.

Why Aditxt Is Buying A Portfolio Of EEG Brain Monitoring Technologies And Devices Formerly Owned By Brain Scientific

By Dan Anderson ● Jan 30, 2024

Aditxt - a company dedicated to discovering, developing, and deploying promising health innovations - announced the acquisition of a portfolio of EEG brain monitoring technologies and devices formerly owned by Brain Scientific. The products targeting the neurology monitoring market will be essential in shaping its dynamic landscape for neurological care.

AcuraStem: Patient-Based Drug Discovery Platform Company Secures $7 Million

By Noah Long ● Jan 30, 2024

AcuraStem - a patient-based biotechnology company advancing treatments for amyotrophic lateral sclerosis (ALS), frontotemporal dementia (FTD), and other neurodegenerative diseases - announced that it has successfully raised nearly $7 million in grant funding for ALS / FTD research from the National Institutes of Health (NIH) and the Department of Defense (DOD).

Wisedocs: Medical Record Review SaaS Company Secures $12.7 Million

By Annie Baker ● Jan 30, 2024

Wisedocs - a machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization announced it has raised $9.5 million ($12.7 million CAD) in oversubscribed Series A financing.

Acadian Ventures: $30 Million Fund II Closed To Invest In Next-Gen Technologies

By Amit Chowdhry ● Jan 30, 2024

Acadian Ventures - an early-stage venture capital firm - announced the successful close of its second fund on an oversubscribed $30 million in capital commitments.

Woods Hole Oceanographic Institution: $25 Million Gift Received To Search For Ocean-Based Climate Solutions

By Amit Chowdhry ● Jan 30, 2024

The Woods Hole Oceanographic Institution (WHOI) announced a $25 million gift to support ocean-based climate solutions from the chair of the Institution’s board of trustees, Paul Salem. This gift comes as it has been the warmest year on record and faces the possibility of rapid and unregulated efforts to mitigate climate change.

U Of M’s Innovation Partnerships Team Awarded $5 Million To Establish Michigan University Innovation Capital Fund

By Amit Chowdhry ● Jan 30, 2024

Why ieDigital Is Buying ABAKA

By Annie Baker ● Jan 30, 2024

ieDigital has announced the acquisition of ABAKA, an AI-based recommendation engine platform that uses machine learning and behavioral segmentation software to predict which products like banking products, savings accounts, or retirement solutions are the most likely to be bought by financial services consumers.

CDPQ And SMBC Aviation Capital Partnering To Create $1.5 Billion Aircraft Financing Platform

By Annie Baker ● Jan 30, 2024

CDPQ (a global investment group) and SMBC Aviation Capital (the world's second-largest aircraft leasing company) announced they had finalized an agreement to create a $1.5 billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft.

Why ePlus Is Buying PEAK Resources

By Noah Long ● Jan 30, 2024

ePlus announced that it has acquired certain assets of PEAK Resources. Based in Denver, PEAK has built a reputation as one of the top IT Solution Providers in the region. PEAK's customer-centric approach focuses on delivering professional services, data centers, networking, and cyber security products and solutions. The deal will help drive additional growth with enhanced engineering, sales, and service delivery capabilities in the Mountain West region.

Gilead To Invest $320 Million In Arcus

By Noah Long ● Jan 30, 2024

Gilead Sciences and Arcus Biosciences announced an amendment to their collaboration agreement and a separate equity investment by Gilead of $320 million in Arcus common stock at $21 per share. The equity investment and collaboration amendment enable accelerated growth of the companies’ joint development programs that span multiple indications.

Exclusive: AI Health Data Platform xCures Expands Beyond Cancer to Improve Care and Research

By Amit Chowdhry ● Jan 30, 2024

xCures announced the expansion of its AI-driven platform that transforms the value of US healthcare data by utilizing real-time and regulatory-grade data in any therapeutic area.

CU Boulder Unveils Innovations From Embark Program

By Amit Chowdhry ● Jan 30, 2024

The Embark program at the University of Colorado Boulder (CU Boulder) pairs seasoned entrepreneurs with university technologies to bring those breakthroughs to market in response to societal needs. The recent Embark Showcase was the pinnacle of the program’s first year working with selected entrepreneurs to provide IP rights, salary support, grant funds, and investor introductions to launch startups with real-world impact.

MediaValet To Be Acquired In $80 Million Deal: Details

By Dan Anderson ● Jan 30, 2024

Prepaid2Cash: Helping Consumers Exchange Prepaid Gift Cards For Cash In A $21+ Billion Market

By Amit Chowdhry ● Jan 30, 2024

Prepaid2Cash is a mobile application company that provides a quick and easy way for consumers to turn their prepaid card and gift card funds into cash in their bank. Pulse 2.0 interviewed Prepaid2Cash chief product officer Jerome Myers to learn more about the company.

Drop Mobility Raises Growth Funding From Decathlon Capital Partners

By Annie Baker ● Jan 29, 2024

Drop Mobility - a rapidly growing e-bike share company that enables cities to purchase or lease e-bikes - has raised a growth funding package from Decathlon Capital Partners to support its continued expansion. The details of the revenue-based investment package were not disclosed.

Why Quantum5 Is Buying Trivie

By Noah Long ● Jan 29, 2024

Ander and its automotive division Quantum5 (the first holistic learning ecosystem in automotive to drive measurable performance through engagement and proficiencies) announced the acquisition of Trivie (a modern workforce engagement platform that utilizes AI-generative tools to personalize learning content, build community, and deliver higher learning experiences through knowledge reinforcement science).

Optym Raises Strategic Funding From Venture 53 To Make Transportation Operations Efficient

By Annie Baker ● Jan 29, 2024

Venture 53 - a pure-play industry-focused transportation and logistics fund - announced its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry. The funding comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.

Polycorp Raises Majority Investment From Arsenal Capital Partners

By Dan Anderson ● Jan 29, 2024

Arsenal Capital Partners (a private equity firm that specializes in investments in industrial and healthcare companies) announced that it has completed a majority investment in Polycorp Ltd., which is a leading manufacturer of engineered elastomer solutions. The terms of the deal were undisclosed.