Archives

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.

Resilience: Cyber Risk Solution Company Secures $100 Million To Accelerate Global Expansion

By Amit Chowdhry ● Aug 12, 2023

Resilience recently announced a $100 million equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution - which launched earlier this year. And the Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance’s underwriting companies, with participation by Lightspeed Venture Partners along with General Catalyst and Founders Fund.

Aspen Neuroscience: FDA Clears New Drug Application for ANPD001, Autologous Cell Therapy For The Treatment of Parkinson’s Disease

By Amit Chowdhry ● Aug 12, 2023

Aspen Neuroscience recently announced that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application, enabling the company to proceed with a clinical trial for ANPD001, which is a personalized (autologous) cell therapy to treat Parkinson’s Disease by replacing lost dopamine neurons.

Intellum: Enterprise Learning Management Company Secures $25 Million

By Annie Baker ● Aug 12, 2023

Intellum - a leading enterprise learning management system - recently announced a $25 million minority growth investment from Guidepost Growth Equity. This partnership is going to accelerate the company's product development, go-to-market, and key hiring initiatives and enhance its ability to deliver a new class of product targeting the two biggest challenges facing business education initiatives today: scaled content and engagement.

TytoCare: Virtual Care Company Raises $49 Million

By Annie Baker ● Aug 11, 2023

TytoCare - a virtual care company enabling leading health plans and providers to deliver accessible and high-quality primary care from home - recently announced that it has raised $49 million in additional growth funding. This new funding round brings the company’s total funding to $205 million to date.

VenoStent: $16 Million Closed To Develop Bioabsorbable Wraps For Improving Outcomes For Hemodialysis Patients

By Amit Chowdhry ● Aug 11, 2023

VenoStent - a clinical-stage, venture-backed, therapeutic medical device company developing bioabsorbable wraps for improving outcomes for hemodialysis patients - recently announced that they have been granted Investigational Device Exemption (IDE) from the FDA for their US clinical trial, SAVE-FistulaS, and have completed a $16 million Series A financing to fund these efforts.

Akkio: $15 Million Secured To Deliver Generative Analytics And ML To Businesses

By Noah Long ● Aug 11, 2023

Akkio - an AI company delivering generative analytics and machine learning to businesses - recently announced that it had closed a $15 million Series A with participation by Bain Capital Ventures (BCV) and Pandome. This funding round accelerates the commercialization of Akkio’s powerful, easy-to-use, and affordable AI platform. Plus, Akkio has hundreds of customers that chat with their data, generate live dashboards, and use machine learning to predict future outcomes across their operations, such as lead scoring, forecasting, content optimization, and more.

Konscious Foods: Plant-Based Seafood Company Raises $26 Million

By Annie Baker ● Aug 11, 2023

Konscious Foods - a plant-based seafood brand - recently announced that it has closed its Series Seed financing round, in which it raised $26 million. The funding to date has included participation from Protein Industries Canada, Zynik Capital, Walter Group, and others.

Samsung, MemVerge, H3 Platform, And XConn Reveals Memory Pooling And Sharing For ‘Endless Memory’

By Amit Chowdhry ● Aug 11, 2023

At Flash Memory Summit, Samsung, MemVerge, H3 Platform, and XConn recently unveiled a 2TB Pooled CXL Memory System. This system addresses performance challenges faced by highly distributed AI/ML applications. The challenges include issues like spilling memory to slow storage when the main memory is full, excessive memory copying, I/O to storage, serialization/deserialization, and Out-of-Memory errors that can crash an application.

Simon Data Raises $54 Million To Build Connected Applications With Other Cloud Warehouses

By Amit Chowdhry ● Aug 11, 2023

Simon Data - a leading customer data platform (CDP) - recently announced the successful completion of its Series D funding round, securing $54 million in investment. This funding round was led by Macquarie Capital with participation from several existing investors, including Polaris, .406, and F-Prime, underscoring the confidence in Simon Data's vision and its ability to set a new standard for personalized, cross-channel marketing globally.

Cocrystal Pharma Picks Novel Oral Protease Inhibitor CDI-988 As Norovirus Lead

By Amit Chowdhry ● Aug 11, 2023

Cocrystal Pharma - a clinical-stage biopharmaceutical company dedicated to developing novel small-molecule antiviral therapeutics - recently announced the selection of its novel, oral, broad-spectrum 3CL protease inhibitor CDI-988 as a potential oral therapy for norovirus. The randomized, double-blind, placebo-controlled Phase 1 study of CDI-988 is approved by Australia Human Research Ethics Committees (HREC). The study is designed to access the safety, tolerability, and pharmacokinetics of CDI-988.

GoStudent: Leading Tutoring Platform Company Raises $95 Million

By Dan Anderson ● Aug 11, 2023

GoStudent - one of the world’s leading tutoring providers and education platforms - recently announced a strategic $95 million raise, using funds to realize the company’s hybrid vision and double-down on AI integration.

Pony.ai: Autonomous Driving Company Secures Over $139 Million In Joint Partnership With Toyota

By Annie Baker ● Aug 11, 2023

Pony.ai - a leading global autonomous driving company - recently held a joint venture signing ceremony recently with Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC). The three parties announced they would form a joint venture to advance the future mass production and large-scale deployment of fully driverless robotaxis. The joint venture company will be established this year with an estimated investment of more than RMB 1 billion (approx. USD 139.2 million).