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Sirion Partners With Mindcrest To Integrate AI Into Legal Services Offerings

By Amit Chowdhry ● Aug 9, 2023

Sirion - a global leader in AI-powered contract lifecycle management (CLM) - recently announced an agreement with Mindcrest, the legal operations division within DWF, a global provider of integrated legal and business services. This agreement will combine Mindcrest's vast industry expertise with Sirion’s best-in-class AI technology.

JMI Equity: Growth Investment Firm Reveals Promotions

By Amit Chowdhry ● Aug 9, 2023

JMI Equity (JMI) - a growth equity firm focused on investing in leading software companies - recently announced the promotions of Lindsay Mehta to Director, Investor Relations & Marketing, and Christian Kurth to Principal. And Mehta will continue to lead the Firm’s relationships with its limited partners and marketing initiatives. As a Principal, Kurth will provide strategic and operational support to JMI’s portfolio companies while continuing to source and evaluate investment opportunities. Plus, JMI announced the promotions of Dina Berdichevsky and Josh Wang to Vice President.

Playtika Buying The Youda Games Portfolio From Azerion

By Amit Chowdhry ● Aug 9, 2023

Playtika Holding, a mobile games pioneer and interactive entertainment leader, and Azerion Group N.V., one of Europe’s largest digital advertising and entertainment media platforms, announced recently they have entered into a definitive agreement for Playtika to acquire from Azerion its Youda Games portfolio of games, including social card themed title Governor of Poker 3, for an initial cash consideration of EUR 81.3 million, with an earnout based on the performance of the acquired business that could take the total consideration up to a maximum of EUR 150 million, subject to customary adjustments.

BMW Group, Airbus, And Quantinuum Collaborating To Fast-Track Sustainable Mobility Research With Quantum Computers

By Amit Chowdhry ● Aug 9, 2023

Airbus, BMW Group, and Quantinuum, world leaders in mobility and quantum technologies, announced that they developed a hybrid quantum-classical workflow to speed up future research using quantum computers to simulate quantum systems, focusing on the chemical reactions of catalysts in fuel cells.

Endor Labs: Code And Pipeline Governance Platform Company Raises $70 Million

By Amit Chowdhry ● Aug 9, 2023

Endor Labs - the creator of the Code and Pipeline Governance Platform - recently announced $70 milloin in Series A financing from Lightspeed Venture Partners (LSVP), Coatue, Dell Technologies Capital, Section 32, and over 30 industry-leading CEOs, CISOs, and CTOs. And Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue and former CTO of Atlassian; and Deepak Jeevankumar of Dell Technologies Capital will be joining the Endor Labs Board.

Inspera Buying AI Authorship Detection Company Crossplag

By Amit Chowdhry ● Aug 9, 2023

Inspera - a leading provider of digital assessment solutions - recently announced the strategic acquisition of Crossplag, a powerful tool for originality checking and AI authorship detection. And Inspera's cloud-based assessment ecosystem offers a comprehensive suite of capabilities for seamless assessments, from planning and design to delivery and grading across various formats. The assessment types include formative, summative, and diagnostic exams, coursework, tests, quizzes, term papers, etc.

Department of Energy Office Awards $529 Million To Michigan State University’s Facility For Rare Isotope Beams

By Amit Chowdhry ● Aug 9, 2023

The U.S. Department of Energy Office of Science (DOE-SC) has awarded $529 million to continue world-leading nuclear science research at the Facility for Rare Isotope Beams (FRIB) at Michigan State University. And the new cooperative agreement provides $529,068,000 over five years to operate FRIB as a DOE-SC user facility to enable unprecedented discovery opportunities envisioned by a user community of 1,800 scientists, supporting the DOE-SC Office of Nuclear Physics mission.

ClearSale: Brand Protection Launched To Stop Phishing, Fake Accounts, And Counterfeit Products

By Amit Chowdhry ● Aug 9, 2023

Global ecommerce risk prevention provider ClearSale recently announced the launch of its new Brand Protection platform. And Brand Protection by ClearSale uses AI and digital intelligence to continuously scan for and report brand impersonation attacks such as fake social profiles, ads, and websites; counterfeit products; and phishing attacks.

Ideawake: This Company Helps Employees Become Innovators In Over A $5 Billion Market

By Amit Chowdhry ● Aug 9, 2023

Ideawake is a company that empowers innovation leaders with tools to transform employees into innovators and their ideas into measurable impact. Pulse 2.0 interviewed Ideawake founder and CEO Coby Skonord to learn more.

Vitaly Vinogradov On Building A Parking Aggregator Company With Over 5 Million Reservations

By Amit Chowdhry ● Aug 9, 2023

Vitaly Vinogradov is a licensed pilot and the CEO of Cheap Airport Parking, a leading website parking aggregator. Cheap Airport Parking is now the second largest parking aggregator in the U.S., serving passengers at 35 major airports nationwide. A portion of the business revenue is channeled to help support Ukraine's humanitarian efforts. Pulse 2.0 interviewed Vinogradov to learn more about the company.

Nanoramic: This Company Is Rapidly Growing In The $100+ Billion Energy Storage And Advanced Materials Market

By Amit Chowdhry ● Aug 9, 2023

Nanoramic Laboratories is an industry-leading energy storage and advanced materials company that has developed an innovative electrode technology called Neocarbonix. And Nanoramic is commercializing this technology to transform energy storage for electric vehicles: increasing energy density and longevity while reducing costs. Launched in 2009 out of MIT, Nanoramic is the exclusive designer, manufacturer, and licenser of Neocarbonix electrodes, Fastcap Ultracapacitors and Thermexit thermal interface gap filler pads. Pulse 2.0 interviewed Nanoramic chief product officer John Cooley to learn more.

Lifeforce: This Health Optimization Company Helps Users Develop Plans And Track Progress

By Amit Chowdhry ● Aug 9, 2023

Lifeforce is a company that empowers adults to take control of their health by combining the data, tools, and expertise to think clearer, feel stronger, and ultimately, live longer. Pulse 2.0 interviewed Lifeforce CEO and co-founder Dugal Bain-Kim to learn more.

Num Finance: This Company Helps Businesses Scale Operations In Emerging Markets

By Amit Chowdhry ● Aug 9, 2023

Num Finance is a company that offers businesses a fast and efficient way to scale operations in emerging markets with yield, loans and digital assets through our ramps and local tokens via platform or API. Pulse 2.0 interviewed Num Finance CEO and co-founder Agustín Liserra to learn more.

Tradeshift: Business Commerce Platform Company Raises $70 Million

By Annie Baker ● Aug 8, 2023

Tradeshift recently announced a new $70 million funding round, highlighting its continued confidence in its innovative technology and ability to revolutionize traditional supply chain processes. HSBC led the round with additional participation from AYTK Limited, LUN Partners Group, Fuel Venture Capital, Doha Venture Capital LLC, Notion Capital, IDC Ventures, and The Private Shares Fund.

Healthmap: Kidney-Focused Health Management Company Closes $100 Million In Funding

By Noah Long ● Aug 8, 2023

Healthmap Solutions - a national population health management company focused on kidney disease - recently announced that it has raised $100 million to support the ongoing expansion of its business. And Healthmap has grown rapidly with its health plan customers and is currently contracted to serve over 160,000 individuals with kidney disease.

Jerry: $110 Million Raised To Help Car Owners Manage Their Vehicles

By Noah Long ● Aug 8, 2023

Jerry - a company that is known for its AI-powered PriceProtect services to help car owners find shockingly good insurance rates and refinance car loans with ease - announced it secured an additional $110 million in equity and debt financing in Q2 2022.

Inworld: Valuation Now At Over $500 Million Following New Funding Round

By Dan Anderson ● Aug 8, 2023

Inworld AI - a leading Character Engine for games and interactive experiences, has raised new funding from Lightspeed Venture Partners — bringing the new valuation of the company to over $500 million.

Local Logic: Location Intelligence Insights Company Secures $13 Million

By Annie Baker ● Aug 8, 2023

Local Logic - a leading location intelligence insights provider that quantifies location at scale to drive better real estate decisions - recently announced the closing of $13 million in Series B financing led by GroundBreak Ventures and Investissement Québec.

Grasp: Online Learning Platform Company Receives $4 Million In Funding

By Amit Chowdhry ● Aug 8, 2023

Online learning platform Grasp recently announced it has raised $4 million in seed funding led by Balderton Capital. This funding will further develop Grasp’s platform and expand the team with key hires in product, data science, and engineering.

Jericho Security: $3 Million Raised To Fight AI-Powered Phishing Attacks

By Amit Chowdhry ● Aug 8, 2023

Cybersecurity company Jericho Security recently announced that it raised $3 million in pre-seed funding led by Jasper Lau’s Era to combat the rising tide of generative AI-powered phishing attacks with participation from Lux Capital, FoundersXFund, MetaLabs, Alcove, Textbook, Alumni Venture Group, Thorntree, Daniel Liem, Henry Elkus and Contrary.

Criteria: Talent Success Platform Company Launches Live Interviewing Solution

By Amit Chowdhry ● Aug 8, 2023

Criteria - a market-leading SaaS talent success platform - recently announced the release of its Live Interviewing solution. This tool can be used for interviewing in any format, whether in-person, over the phone, or via video.

Lightup: No-Code Data Quality Monitoring Platform Raises $9 Million

By Annie Baker ● Aug 8, 2023

Lightup - the developers of a modern no-code data quality monitoring platform - recently announced that it closed $9 million in Series A funding to empower organizations further to democratize data quality checks for 100% coverage across enterprise operations. This funding round was led by Andreessen Horowitz and Newland Ventures, with Spectrum 28 Capital, Shasta Ventures, Vela Partners, and Incubate Fund participation.

Airalo: eSIM Marketplace Secures $60 Million In Funding

By Annie Baker ● Aug 8, 2023

Airalo - a pioneering eSIM marketplace revolutionizing global connectivity - recently announced the successful completion of its Series B financing round, raising an impressive $60 million. The funding round - which was led by e& capital (the investment arm of e&).

Skylight: Digital Photo Frame And Smart Calendar Company Closes $15 Million

By Noah Long ● Aug 8, 2023

Skylight - a leading digital photo frame and smart calendar brand - recently announced that the company has raised $15 million in debt through its partnership with SG Credit Partners. And as the company continues to grow profitably, the new capital will be used to support inventory purchases and ensure sufficient product stock to meet increasing demand.

Stay Ai: $15.1 Million Raised To Develop Customer Loyalty Operating System For Shopify Brands

By Dan Anderson ● Aug 8, 2023

Stay Ai - a customer loyalty operating system for Shopify brands - recently announced that it has raised a $15.1m Series A, the company's first funding announcement since launching in October 2021. And this funding round consists of an $8.6 million investment led by Telescope Partners with participation from Boulder Food Group, Riverpark Ventures, and Vanterra Capital.

GoTab: Leading Hospitality Commerce Platform Company Closes $18 Million In Funding

By Annie Baker ● Aug 8, 2023

GoTab, a leading hospitality commerce platform, recently announced its closing on its $18 million Series A funding round. The funding round was led by Truist Ventures.

ConductorOne: Identity Security And Access Governance Company Raises $27 Million

By Amit Chowdhry ● Aug 8, 2023

ConductorOne - a leader in identity security and access governance - recently announced a $12 million expansion of its Series A funding led by Felicis.

Futureverse: $50 Million Fund Launches To Invest In Early-Stage Web3 And Metaverse Companies

By Amit Chowdhry ● Aug 8, 2023

Futureverse co-founders Shara Senderoff and Aaron McDonald recently announced the launch of Born Ready, a new $50 million venture fund and studio. This fund primarily focuses on accelerating the development and adoption of emerging technology ventures with potential strategic collaboration with Futureverse or The Root Network, a public decentralized blockchain network optimized for metaverse apps and experiences.

Interface: $1.4 Million Raised For Enhancing Mobile Explorer For Ethereum Users

By Amit Chowdhry ● Aug 8, 2023

Interface - a mobile companion for Ethereum enthusiasts - recently announced it had raised $1.4 million in a seed round led by Polymorphic Capital and Mask Network. The funding will enable new use cases and facilitate further expansion into various industry niches. The company reimagines how users explore and navigate the blockchain by organizing transactions into a human-friendly feed and consolidating users’ entire on-chain presence.

40Seas: Cross-Border Order Now Pay Later Company Extends Seed Round To $17 Million

By Amit Chowdhry ● Aug 8, 2023

40Seas - a leading Order Now, Pay Later cross-border digital financing solution - recently announced it had secured an additional $6 million in seed funding, extending its initial $11 million seed round announced in January of this year to $17 million. New investors Eminence Ventures and QED Investors also participated in the extended round, including participation from existing investors Team8 and ZIM.