Archives

Range Biotechnologies: Proteomics-Focused Biotech Company Completes $5.2 Million Seed Funding Round

By Amit Chowdhry ● Jun 15, 2023

Range Biotechnologies - a proteomics-focused biotech company that has developed an innovative translational platform to enable better diagnostics and faster drug development - announced recently that it has received $5.2 million in seed funding led by TechBio-focused ARTIS Ventures with additional participation from Pear VC, Page One Ventures, Civilization Ventures, Pillar, Four Cities Capital, Hawktail, and several others.

Breakaway Music Festival Accelerating Expansion With New Funding Round

By Amit Chowdhry ● Jun 15, 2023

Breakaway Music Festival - which is one of North America’s fastest-growing and independent multi-city music festival brands - announced recently plans to accelerate expansion across new regions and brand verticals following the close of a recent funding round.

Fortify: Full-Stack Materials Science And Additive Manufacturing Company Completes $12.5 Million Funding

By Annie Baker ● Jun 15, 2023

Fortify - a leading full-stack materials science and additive manufacturing company - announced that it has raised $12.5 million in a funding round from investors, including Lockheed Martin Ventures and RTX Ventures, the venture capital arms of Lockheed and Raytheon Technologies, respectively.

Realta Fusion: University of Wisconsin-Madison Spinoff Raises $12 Million To Develop Compact Magnetic Mirror

By Amit Chowdhry ● Jun 15, 2023

Realta Fusion - a new startup focused on fusion energy - recently announced $12 million in financing to develop compact magnetic mirror fusion technology.

Finni Health: $3.2 Million Raised To Focus On Improving Autism Care

By Amit Chowdhry ● Jun 15, 2023

Finni Health is a company that is empowering autism providers to go independent. The company announced it has raised $3.2 million in funding led by General Catalyst with participation from Y Combinator, Wayfinder Ventures, Andrew Adams (Headway), and Divya Bhatt (Virta).

vFunction: This Company Helps Enterprises Tackle Application Modernization In A $10 Billion Market

By Amit Chowdhry ● Jun 15, 2023

vFunction is a company that enables enterprises to tackle application modernization and accelerate digital transformation. To learn more about the company, Pulse 2.0 interviewed vFunction CEO, Chairman, and founder Moti Rafalin.

Google Utilizes AI To Show How Clothes Look Virtually On People

By Amit Chowdhry ● Jun 15, 2023

Going to a clothing store and trying out various sets of outfits can be a tedious process. This is a problem that Google is solving by bringing the fitting room experience to you.

Google Adding New Features To Lens, Including Skin Condition Search

By Amit Chowdhry ● Jun 15, 2023

Google Lens is an image recognition technology that makes it easier to search what you see and a few new features are being added to it.

RealBlocks: $10 Million Secured For Alternative Investment Platform

By Noah Long ● Jun 15, 2023

RealBlocks - a technology platform for alternative investments that provides an end-to-end digital investing process and secondary trading - announced a $10 million extension of its Series A financing, bringing the total investment amount to $20.7 million.

Graphiant: This Edge Service Provider Is Transforming A $50 Billion Market

By Amit Chowdhry ● Jun 15, 2023

Graphiant is a provider of next-generation Edge services, which has developed the Graphiant Network Edge, an “as-a-Service” solution that provides connectivity between the enterprise WAN, hybrid cloud, network edge, customers, and partners. To learn more about the company, Pulse 2.0 interviewed founder and CEO Khalid Raza.

Talis Capital: First Closing Of $175 Million Talis Ventures III Fund Announced

By Amit Chowdhry ● Jun 14, 2023

Talis Capital recently announced the first closing of its third and largest $175 million early-stage fund, focused on helping founders build disruptive, category-defining, and enduring businesses.

Granica: AI Efficiency Platform Company Emerges From Stealth With $45 Million In Funding

By Amit Chowdhry ● Jun 14, 2023

Granica recently emerged from stealth and introduced the industry’s first AI efficiency platform, bringing novel and fundamental research in data-centric AI to the commercial market as an enterprise solution.

Synthesia: AI Video Creation Platform For Enterprises Raises $90 Million At $1 Billion Valuation

By Annie Baker ● Jun 14, 2023

Synthesia - a leading AI video creation platform for enterprises - announced it has raised $90 million in Series C funding to continue its work to make video production simple and intuitive without the need for cameras or studios. This funding round - which values the company at $1 billion - is led by Accel with investment from NVentures (NVIDIA’s venture capital arm) and participation from existing investors Kleiner Perkins, GV, Firstmark Capital, Alex Wang, Olivier Pomel, and Amjad Masad.

Januar Releases Instant Payment Network To Help Crypto Companies Settle Fiat Transactions Quickly

By Amit Chowdhry ● Jun 14, 2023

Januar ApS, a financial services partner for crypto companies, announced it is launching its real-time payments network, Januar Instant Network (JIN).

Nasdaq Buying Adenza From Thoma Bravo For $10.5 Billion

By Amit Chowdhry ● Jun 14, 2023

Nasdaq - a technology company serving the global financial system - announced recently it has entered into a definitive agreement to acquire Adenza, a provider of mission-critical risk management and regulatory software to the financial services industry, from Thoma Bravo for $10.5 billion in cash and shares of common stock.

EnviroSpark Announces NACS Connector Integration In Its Electric Vehicle Charging Network

By Amit Chowdhry ● Jun 14, 2023

EnviroSpark Energy Solutions - a pioneering force in turnkey electric vehicle charging solutions - announced that the company is going to integrate North American Charging Standard (NACS) connectors into its nationwide EnviroSpark-owned charging network.

Neat Burger: Plant-Based Food Group Company Raises $18 Million

By Annie Baker ● Jun 14, 2023

Neat Burger - a plant-based food group backed by Lewis Hamilton and Leonardo DiCaprio - announced it is expanding its global reach after successfully raising $18 million in a Series B fundraise. And with operations across three territories, the company has set its sights on the United States with the recent opening of its first location in Nolita, New York.

VRIFY: Mining Communications Technology Platform Closes $6 Million

By Noah Long ● Jun 14, 2023

VRIFY - a leading mining communications technology platform - announced that it has raised $6 million in Series A funding co-led by RCF Jolimont Innovation and Beedie Capital with participation from Tiny. This investment will fuel VRIFY’s market expansion plans and feature development to help more mining companies attract and secure investment through innovative communication tools.

NUMATEC Ramps Up Sales Team To Drive Marca’s Multicultural Expansion

By Amit Chowdhry ● Jun 14, 2023

NUMATEC and HEX announced two new hires: Jose Suarez and LanaRose Berger with a remit to maximize Marca’s multicultural business in key DMAs across the country.

LeddarTech: Automotive Software Provider To Go Public Via SPAC Prospector Capital

By Amit Chowdhry ● Jun 14, 2023

LeddarTech - an automotive software company that provides patented disruptive low-level sensor fusion and perception software technology for ADAS and AD - and Prospector Capital Corp., a publicly traded special purpose acquisition company led by former Qualcomm President Derek Aberle and chaired by former Qualcomm Vice Chairman Steve Altman, announced their entry into a definitive business combination agreement that would result in LeddarTech becoming a publicly listed company.

OneVest: Wealth-As-A-Service Company Secures $17 Million

By Dan Anderson ● Jun 14, 2023

Wealth-as-a-Service platform company OneVest announced CAD$17 million in Series A funding as it aims to dramatically improve the wealth management experience for both financial institutions and their customers. OMERS Ventures led this funding round with participation from existing investors Luge Capital, Panache Ventures, AAF Management, FJ Labs, and new investors Fin Capital, Pivot Investment Partners, and Deloitte Ventures.

TeleCare Services Company Electronic Caregiver To Raise $95 Million

By Dan Anderson ● Jun 14, 2023

Electronic Caregiver - a pioneering provider of advanced TeleCare services and the Addison Virtual Caregiver technologies - announced the opening of a new Series A Preferred financing. The $95 million financing will be offered to select institutional investment funds and large, existing strategic technology partners of Electronic Caregiver. CMD Global Partners is representing Electronic Caregiver in the placement.

KORE Power Receives $850 Million Conditional Commitment From U.S. Department of Energy

By Amit Chowdhry ● Jun 14, 2023

KORE Power - a leading U.S.-based developer of battery cell technology and integrated solution manufacturer for the energy storage and e-mobility sectors - announced it has received a conditional commitment from the U.S. Department of Energy’s Loan Programs Office (LPO) for a loan in the principal amount of $850 million under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program.

J.Crew Launches Immersive Virtual Store Through Partnership With Obsess

By Noah Long ● Jun 14, 2023

J.Crew recently announced the launch of an immersive virtual store powered by experiential e-commerce platform Obsess. And the 3D shoppable experience celebrates the company’s 40th anniversary and takes the form of a beach house that features 6 unique rooms and a separate boathouse.

Saudi Arabia’s Ministry of Investment Signs $5.6 Billion Deal With HiPhi

By Annie Baker ● Jun 14, 2023

The Saudi Arabia Ministry of Investment signed a $5.6 billion deal with Chinese electric automaker Human Horizons in order to collaborate on manufacturing and selling vehicles, according to CNBC.

Driver Technologies: AI-based Mobility Company Secures $6 Million

By Annie Baker ● Jun 14, 2023

Driver Technologies - an AI-based mobility tech company that delivers a safer and smarter driving experience - announced recently the closing of a $6 million strategic funding round led by IA Capital and CT Innovations (the venture capital arm of the State of Connecticut). And major insurers also participated in the round including, Liberty Mutual Strategic Ventures, State Auto Labs/Rev 1, and investors from The Social Entrepreneurs’ Fund, ID8 Investments, C2 Ventures, and Kapor Capital.

Striveworks: Enterprise Data Science And Analytics MLOps Provider Raises $33 Million

By Noah Long ● Jun 14, 2023

Striveworks - a leading provider of machine learning operations (MLOps) for enterprise data science and analytics teams - announced the successful closure of its first institutional fundraising round of $33 million. This all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in fintech and related enterprise software, with participation from existing investors.

UnifyWork: Workforce Intelligence Platform Closes $3 Million In Funding

By Dan Anderson ● Jun 14, 2023

UnifyWork - a workforce intelligence platform powering equitable regional talent networks - announced an additional $3 million in funding, bringing its total funding to date to $7.5 million.

43North: Ninth Application Of Startup Accelerator Program Due On June 23

By Amit Chowdhry ● Jun 14, 2023

43North is a Buffalo, New York-based startup accelerator that offers aims to attract and retain high-growth startups in Buffalo. And 43North invests $5 million into startups every year while offering founders a chance to secure $1 million in funding. 43North told me that its ninth application is officially open

Oova: $10.3 Million Raised To Accelerate At-Home Fertility Testing Platform

By Amit Chowdhry ● Jun 14, 2023

Oova - a company focused on women's health and fertility solutions - announced a Series A funding round of $10.3 million. The funding round was led by Spero Ventures. Spero Ventures was joined by other strategic firms including US Fertility, Virgin Group, Jefferson Health, Connecticut Innovations, Special Situations Life Sciences Fund, Samsung Next, Hannah Bronfman, and Sara Blakely, the acclaimed businesswoman and founder of Spanx.