Archives

Blackdot: Building An Automatic Tattooing Device And Online Marketplace Company In Over A $3 Billion Market

By Amit Chowdhry ● Jan 2, 2024

Blackdot is a company that uses new technologies to drive a positive path forward for the art, artists, and people for whom the body is a canvas to tell their stories. And by creating the world’s first automatic tattooing device and providing an online tattoo art marketplace, Blackdot offers tattoo seekers unmatched self-expression through its replicable studio-based tattoo platform. Pulse 2.0 interviewed Blackdot founder and CEO Joel Pennington to learn more about the company.

Voyager Therapeutics Signs $1.2 Billion Capsid License Agreement And Strategic Collaboration With Novartis

By Amit Chowdhry ● Jan 2, 2024

Voyager Therapeutics - a biotechnology company dedicated to advancing neurogenetic medicines - today announced a strategic collaboration and capsid license agreement with Novartis Pharma AG, a subsidiary of Novartis AG, to advance potential gene therapies for Huntington’s disease (HD) and spinal muscular atrophy (SMA). And Voyager will provide Novartis a target-exclusive license to access Voyager’s TRACER capsids and other intellectual property for the respective diseases. Voyager and Novartis will collaborate to advance a preclinical gene therapy candidate for HD.

Red Cell Partners: $91 Million Closed For Incubation Fund

By Amit Chowdhry ● Jan 2, 2024

Red Cell Partners - a McLean, VA-based incubation firm building rapidly scalable technology-led companies that are bringing advancements to market in healthcare and national security - recently announced the closing of $91 million in new capital for a new incubation fund, RCIF I. This new fund allows the firm to back incubations, raising early-stage rounds.

Phrasee: How This Company Helps Brands Generate And Personalized Content At Scale

By Amit Chowdhry ● Jan 2, 2024

Wondr Health: Delivering Personalized Weight Management Tools In Over A $50 Billion Market

By Amit Chowdhry ● Jan 2, 2024

Roche Buying LumiraDx’s Point Of Care Technology Platform For $295 Million

By Annie Baker ● Jan 2, 2024

LumiraDx Limited - a next-generation point-of-care diagnostics company - recently announced the appointment of joint administrators for two of its subsidiaries. And the administrators have signed a definitive agreement to sell certain companies of the LumiraDx group related to LumiraDx’s innovative point-of-care technology to Roche.

Devoted Health: $175 Million To Improve Medical Care For Older Americans

By Amit Chowdhry ● Jan 1, 2024

Devoted Health - an all-in-one healthcare company for Medicare beneficiaries, delivering health insurance, virtual-first medical care, and sophisticated service experience - recently announced that it has closed on $175 million of Series E funding.

Crescenta: Spain-Based Investment Service Management Raises €3.5 Million

By Amit Chowdhry ● Jan 1, 2024

Crescenta - Spain’s first digital fund manager for private equity investment - recently announced that it expanded its pre-seed financing round with €2 million in addition to the €1.5 million announced last July. This funding brings the total amount of the round to €3.5 million, which makes it Spain’s largest pre-seed round in the fintech sector.

Cloverleaf: Offering Customized Coaching Tools In A $4+ Billion Market

By Amit Chowdhry ● Jan 1, 2024

Cloverleaf is a technology platform that is bringing automated team coaching to the entire enterprise through real-time, customized coaching in the tools employees use every day (calendar, email, and Slack / Microsoft Teams). The result is better collaboration, improved employee relationships, and a more engaged workforce. Pulse 2.0 interviewed Cloverleaf CEO Darrin Murriner to learn more about the company.

CaskX: How This Whiskey Cask Investment Company Is Rapidly Growing In An $80+ Billion Market

By Amit Chowdhry ● Jan 1, 2024

CaskX is a company that provides a platform that makes it easy for investors to purchase portfolios of Bourbon Barrels and Scotch Whiskey casks from leading distilleries. Pulse 2.0 interviewed CaskX CEO Jeremy Kasler to learn more about the company.

Pluristyx: Funding Round Raised To Boost Cell Therapy

By Dan Anderson ● Dec 29, 2023

Pluristyx - a leading provider of tools, technologies and services for the development of cell therapies - recently announced the closing of a major fundraising round led by BroadOak Capital Partners. The oversubscribed funding round featured participation from existing investors and key opinion leaders across the life sciences industry.

Formless: $2.2 Million Raised To Create Virtual And Physical Experiences

By Annie Baker ● Dec 29, 2023

Formless - a company building decentralized network infrastructure for property rights management and revenue sharing - recently announced the successful raise of over $2.2 million in pre-seed funding. And the consortium of investors includes a16z Crypto CSS, Beacon web3 accelerator, and angel investors that include Sandeep Nailwal (Co-Founder of Polygon Network), Ryan Fang (Co-Founder and COO of Ankr), Dharmesh Shah (Founder and CTO of HubSpot), and Dallas Austin (Grammy-award winning producer and CEO of Dallas Austin Distribution).

PaintJet: Robotics Company Closes $10 Million To Bring Automation To Industrial Painting

By Noah Long ● Dec 29, 2023

PaintJet - the robotics company bringing automation to industrial painting - recently announced it has raised $10 million in Series A funding to bring critical automation technology to the construction industry and address widespread labor shortages. And the latest funding round was led by Outsiders Fund with participation from 53 Stations, Dynamo, Pathbreaker Ventures, MetaProp and VSC Ventures. This brings PaintJet’s total funding to $14.75 million.

ElastiFlow: Network Observability Solutions Company Secures $3 Million

By Dan Anderson ● Dec 29, 2023

ElastiFlow - a leading provider of network observability solutions - recently announced the successful completion of a $3 million seed funding round led by Venture Guides. This investment will fuel the ElastiFlow mission to redefine the landscape of network observability and accelerate the company's growth.

Salt Labs: Loyalty/Financial Tech Company Raises $8 Million From Third Prime

By Annie Baker ● Dec 29, 2023

Salt Labs - a loyalty and financial technology company that bridges the gap between employers and employees - recently announced Third Prime has invested $8 million in the company.

Hyperlink Ventures: $32 Million Debut Fund Launches To Invest In Next-Gen B2B Companies

By Amit Chowdhry ● Dec 29, 2023

Hyperlink Ventures - a new venture capital firm founded earlier this year and managed by three up-and-coming partners, Eli Cole, Sarosh Adi, and Piran Adi - recently announced closing its oversubscribed first fund at $32 million. The new fund will invest primarily in Series A and Series B stage companies, focusing on technology breakthroughs that help the world’s largest corporations and industries increase productivity through software.

PolicyMap: Geographic Data And Analytics Platform Closes $3 Million

By Dan Anderson ● Dec 29, 2023

PolicyMap - a leading geographic data and analytics company - recently announced the closing of a $ 3 million Series A financing round led by existing investor Reinvestment Fund and joined by Ben Franklin Technology Partners, Spring Point Partners, PolicyMap Board Members, Employees, and Friends and Family.

Axelspace: Microsatellite Company Raises $44 Million

By Annie Baker ● Dec 29, 2023

Axelspace Holdings recently announced that the company completed its Series D funding round, raising approximately JPY 6.24 billion (equivalent to $44 million). This funding round sees the allocation of new shares to SMBC-GB Growth I Investment Limited Partnership, several venture capital firms, and corporate investors. This funding round brings the cumulative amount of equity financing to approximately JPY 14.3 billion.

NDI: How This Company’s Technology Is Helping Facilitate Virtual Broadcasting Studios In A Multi-Billion TAM

By Amit Chowdhry ● Dec 29, 2023

NDI originally started out as a proprietary technology invented and used within NewTek (a company acquired by Vizrt Group). Today, NewTek is no longer but NDI and Vizrt operate as standalone companies within the Vizrt Group. Pulse 2.0 interviewed NDI Head of Strategy Miguel Coutinho to learn more.

Pattern Energy: $11 Billion In Financing Closed For Largest Clean Energy Infrastructure Project In U.S. History

By Amit Chowdhry ● Dec 29, 2023

Pattern Energy Group LP - a leader in renewable energy and transmission infrastructure - recently announced that it has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, the largest clean energy infrastructure project in U.S. history.

Main Street Capital Invests $43.2 Million In Pinnacle Topco

By Annie Baker ● Dec 29, 2023

Main Street Capital Corporation recently announced that it recently completed a new portfolio investment totaling $43.2 million to facilitate the recapitalization of Pinnacle Plastics, Inc. and Integrity Plastics, Inc. (known as Pinnacle together), a manufacturer and distributor of commercial can liners, polyethylene bags, produce bags, and other adjacent products for use predominantly in the quick-service restaurant, convenience store, and janitorial services industries.

MediWound Receives $6.7 Million U.S. DoD Funding For Advancing NexoBrid Development

By Amit Chowdhry ● Dec 29, 2023

MediWound - a fully-integrated biopharmaceutical company focused on next-generation enzymatic therapeutics for tissue repair - recently announced that the U.S. Department of Defense (DoD), through the Medical Technology Enterprise Consortium (MTEC) has awarded MediWound an additional $6.7 million in non-dilutive funding for developing NexoBrid as a non-surgical solution for field-care burn treatment for the U.S. Army.

Rephrase.ai: Making Videos Easier To Generate In Over A $10 Billion Market

By Amit Chowdhry ● Dec 29, 2023

Rephrase.ai is a generative AI platform that enables you to convert plain text into professional-quality videos within minutes. Pulse 2.0 interviewed Rephrase.ai co-founder and CEO Ashray Malhotra to learn more about the company.

U.S. Air Force Awarding Viasat Up To $900 Million For Indefinite Delivery/Indefinite Quantity (IDIQ) Contract

By Annie Baker ● Dec 29, 2023

Viasat - a global leader in satellite communications - recently announced it will work with the U.S. Air Force's Life Cycle Management Center (USAF LCMC) to transition and integrate new innovative technologies and capabilities as part of a $900 million ceiling, Indefinite Delivery/Indefinite Quantity (IDIQ) contract. As part of the multi-award contract – known by its initialism LCMC XA IDIQ – Viasat is expected to prototype and test systems, hardware, software, and cybersecurity solutions to provide integrated and multi-domain capabilities for the USAF.

Base Operations: Global Threat Intelligence Company Raises $9.1 Million

By Dan Anderson ● Dec 28, 2023

Base Operations – a leader in SaaS-based global threat intelligence for physical security – recently announced the successful closing of a $9.1 million Series A led by Grotech Ventures and Spero Ventures with notable contributions from Vela Partners, Good Growth Capital, Mindset Ventures, Alliance Holdings, and Gaingels.

Cart.com Raises $30 Million In Growth Capital From Trinity

By Amit Chowdhry ● Dec 28, 2023

Trinity Capital - a leading provider of diversified financial solutions to growth-stage companies – recently announced the commitment of $30 million in growth capital to Cart.com, a provider of unified commerce and logistics solutions that enable merchants to sell and fulfill anywhere.

Lyndra Therapeutics: Clinical-Stage Biopharmaceutical Company Closes $101 Million

By Annie Baker ● Dec 28, 2023

Lyndra Therapeutics - a clinical-stage biopharmaceutical company – recently announced the closing of a $101 million Series E financing round. The proceeds of the funding round, led by Sarissa Capital and including Sun Pharmaceutical Industries Limited and Polaris Partners, will support the development of Lyndra’s pipeline, including oral weekly risperidone (LYN-005), which is near completion of a pivotal phase 3 study.

Why Enpro Is Buying Advanced Micro Instruments For $210 Million

By Amit Chowdhry ● Dec 28, 2023

Enpro - an industrial technology company – recently announced that it has entered into a definitive agreement to acquire Advanced Micro Instruments, Inc. (AMI), a leading provider of highly engineered, application-specific analyzers and sensing technologies that monitor critical parameters to maintain infrastructure integrity, enable process efficiency, enhance safety, and facilitate the clean energy transition. Under the terms of the deal, Enpro will acquire AMI for $210 million in cash, representing a valuation of about 13x normalized 2023 EBITDA.

Rightpoint: How This Company Helps Clients Accelerate Digital Transformations From Front To Back Office

By Amit Chowdhry ● Dec 27, 2023

Rightpoint (a Genpact company) is a global experience leader with over 700 employees across 12 offices who work with clients to drive growth by delivering experiences that transform how people, technology, and businesses interact. Pulse 2.0 interviewed Rightpoint's Chief Marketing Officer and Global Alliances Lead, Neil Dowling, to learn more about the company.

AstraZeneca Buying Gracell Biotechnologies For Up To $1.2 Billion

By Annie Baker ● Dec 27, 2023

Gracell Biotechnologies - a global clinical-stage biopharmaceutical company dedicated to developing innovative cell therapies for the treatment of cancer and autoimmune diseases – recently announced it has entered into a definitive agreement to be acquired by AstraZeneca.