Archives

McDermott: Alex Jupp Named As Partner In London Office

By Amit Chowdhry ● Apr 4, 2025

International law firm McDermott Will & Emery announced it has welcomed Alex Jupp as a partner in its London office, where Alex will join as UK head of Tax. Jupp brings extensive experience in all aspects of UK and cross-border tax matters impacting mergers and acquisitions, structuring for joint ventures, planning, and audit interactions, enhancing McDermott’s capabilities.

HeroWear: Exoskeleton Company Raises $5 Million (Series A)

By Amit Chowdhry ● Apr 4, 2025

HeroWear, a private startup specializing in occupational exosuit solutions, announced $5 million of Series A funding from White Road Investments. The company is partnering with Engage to accelerate its work with top enterprises.

Solace: $60 Million (Series B) Raised For Digital Health Platform

By Amit Chowdhry ● Apr 4, 2025

Solace, a digital health platform that connects patients with expert health advocates, announced it has closed a $60 million Series B funding round. Menlo Ventures led this funding round with participation from existing backers Craft Ventures, Inspired Capital, and Torch Capital, and new investor SignalFire.

DLA Piper: Mike Walsh Named As Partner In National Security And Global Trade Practice

By Amit Chowdhry ● Apr 4, 2025

DLA Piper announced it has welcomed Mike Walsh as a partner in the National Security and Global Trade Practice. In this role, Walsh will advise clients on navigating the dynamic international trade and tariff environment. He will be based in the firm’s Washington, DC, office and will support the Regulatory and Government Affairs Practice.

Keebler Health: Interview With CEO And Co-Founder Isaac Park About Keebler’s Risk Adjustment Platform

By Amit Chowdhry ● Apr 4, 2025

Keebler Health is a company that provides an AI-native risk adjustment platform for healthcare providers, accurately identifying chronic patient conditions and providing clinicians with insights and recommended next steps to keep patients healthy. Pulse 2.0 interviewed Keebler Health co-founder and CEO Isaac Park to learn more about the company.

Augnito: Interview With Co-Founder & CEO Rustom Lawyer About The Clinical Documentation Voice Recognition Company

By Amit Chowdhry ● Apr 4, 2025

Augnito is a leading voice recognition software built with the goal to improve the quality of clinical documentation while allowing doctors to be more efficient by the use of cutting edge technology. Pulse 2.0 interviewed Augnito co-founder and CEO Rustom Lawyer to learn more about the company.

LPL Onboards $450 Million Team Horizon Capital Advisors

By Amit Chowdhry ● Apr 3, 2025

LPL Financial announced that eight financial advisors with Horizon Capital Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. And they reported serving approximately $450 million in advisory, brokerage and retirement plan assets and join LPL from Osaic.

AttoTude: $50 Million (Series B) Raised For THz Technology For AI And Hyperscale Data Center Applications

By Amit Chowdhry ● Apr 3, 2025

AttoTude, a company focused on groundbreaking THz interconnect technology for AI and hyperscale data center applications, announced it has raised $50 million in Series B funding led by Mayfield and joined by The Westly Group, with participation from existing investors Sutter Hill Ventures, Canaan Partners, and Wing Venture Capital. This round brings AttoTude's total funding to $91 million, following its $30 million Series A in 2024 and $11 million seed round earlier that year.

Hydrolix: $80 Million (Series C) Raised For Data Lake Platform

By Amit Chowdhry ● Apr 3, 2025

Portland-based Hydrolix announced the closing of an $80 million Series C investment round, led by QED Investors, joined by Blumberg Capital, Frontline Ventures, Pruven Capital and Sozo Ventures, along with existing investors that include Akamai, AV8 Ventures, Ericsson Ventures, Nava Ventures, Oregon Venture Fund, S3 Ventures, Uncorrelated Ventures and Wing Venture Capital. And Chuckie Reddy, QED partner and head of growth investments, will join the Hydrolix board as a director.

Equal Parts: $10 Million Raised To Launch Next-Gen Insurance Agency

By Amit Chowdhry ● Apr 3, 2025

Equal Parts, a next-generation insurance agency combining the power of traditional relationship-based distribution with best-in-class AI technology, announced it has launched with $10 million in acquisition capital led by Equal Ventures and Max Ventures, the company announced today. And Equal Parts’ goal is to build a new model for independent insurance agencies amid a decade-long flood of consolidation by traditional private equity firms.

Atomic: $10 Million Raised For Financial Connectivity Platform

By Amit Chowdhry ● Apr 3, 2025

Atomic, a market leader in growing account primacy and enabling financial connectivity that drives action, announced a $10 million strategic investment with participation from Capital One Ventures, Citi Ventures, and F.N.B. Corporation. This funding round affirms Atomic’s position as a trusted partner for financial services across various use cases. And the funding will be used to further innovation and expansion.

EVident Battery: $3.2 Million (Seed) Raised For EV Battery Pack Inspection Technology

By Amit Chowdhry ● Apr 3, 2025

EVident Battery, a leader in sustainable and advanced battery technology, announced the closing of a $3.2 million seed funding round. This funding will support the company's mission to accelerate the development of next-generation battery inspection solutions that address the uncertainty of EV battery pack health in the aftermarket and quality optimization in the battery pack manufacturing process.

Nerdio: $500 Million (Series C) Raised At Over $1 Billion Valuation To Transform How Organizations Deploy Microsoft Cloud Technologies

By Amit Chowdhry ● Apr 3, 2025

Nerdio, an automated End-User Computing (EUC) platform transforming how organizations deploy and manage Microsoft cloud technologies, recently announced it has signed a definitive agreement for a $500 million minority investment from General Atlantic with participation from Lead Edge Capital and StepStone. Upon the closing of the deal, this funding will quadruple Nerdio's valuation in just two years to $1+ billion.

Upscale Conference: Interview With Head Of Marketing Paula Vivas About The High-Profile Events

By Amit Chowdhry ● Apr 3, 2025

Upscale Conference is an event by Freepik that brings together industry leaders and powerhouses to discuss the impact of genAI in the creative and design sectors. One of the most recent Upscale Conference events happened in Spain this past May and the next one is set for May in San Francisco. Pulse 2.0 interviewed Freepik and Upscale Conference Head of Marketing Paula Vivas to learn more about the event.

Simply.TV: Majority Growth Investment Raised From Summit Partners

By Amit Chowdhry ● Apr 3, 2025

Simply.TV, a video metadata provider, announced the acquisition of Red Bee Media’s Content Discovery Business. This move accelerates Simply.TV’s global expansion strengthens its position in the U.S. market. In connection with this deal, Simply.TV has secured a majority growth equity investment from Summit Partners, marking the company’s first institutional funding.

Wealth Enhancement Brings In $581+ Million Team From First International Bank & Trust

By Amit Chowdhry ● Apr 3, 2025

Wealth Enhancement, a national independent wealth management firm focused on enriching clients' lives, announced it has acquired the Wealth Services Division of First International Bank & Trust, headquartered in Watford City, North Dakota. The team oversees $581+ million in client assets and will transition to affiliate Wealth Enhancement Trust Services.

Sycamore Tree Capital Partners: Sixth CLO Closed At $505 Million

By Amit Chowdhry ● Apr 3, 2025

Sycamore Tree Capital Partners—a specialist asset manager with private and alternative credit investment expertise—announced the closing of its sixth CLO STCP 2025-6 (STCP CLO 6), a $505 million CLO investing in the broadly syndicated loans of US companies. This fund was initially offered at $400 million and increased to $505 million based on strong investor demand.

MDA Space Buying SatixFy Communications In $193 Million Deal

By Amit Chowdhry ● Apr 3, 2025

MDA Space (a mission partner to the rapidly expanding global space industry) and SatixFy Communications (a leader in next-generation satellite communication solutions based on in-house-designed chipsets) announced that they have entered into a definitive agreement under which MDA Space will acquire all outstanding shares of SatixFy in an all-cash transaction for $2.10 per share.

Linden Capital Partners: Structured Capital Fund II Closed At $400 Million

By Amit Chowdhry ● Apr 3, 2025

Linden Capital Partners - a Chicago-based healthcare private equity firm - announced the closing of Linden Structured Capital Fund II (SCF II. This fund closed with $400 million of commitments, exceeding the prior structured capital fund (SCF I) size of approximately $355 million.

Duke Health Completes $284 Million Deal For Lake Norman Regional Medical Center

By Amit Chowdhry ● Apr 3, 2025

Duke Health announced it has finalized its $284 million acquisition of Lake Norman Regional Medical Center (LNRMC) and related businesses in Mooresville, N.C., assuming operations on April 1. The hospital was renamed Duke Health Lake Norman Hospital during a brief ceremony.

Law Firms Phelps And Beggs & Lane To Combine

By Amit Chowdhry ● Apr 3, 2025

Phelps announced that on May 1, 2025, it will combine with Beggs & Lane, the oldest law firm in Pensacola, Florida. Operating as Phelps, this combination will expand the super-regional law firm to over 425 lawyers in 17 offices.

HarbourVest Launches Private Investment Fund

By Amit Chowdhry ● Apr 3, 2025

HarbourVest Partners, a leading global private markets investment specialist with over $143 billion in assets under management as of December 31, 2024, announced the launch of the HarbourVest Private Investment Fund (HPIF). HPIF was designed to provide a single entry point to HarbourVest’s multi-manager, direct private equity (PE) platform.

Raymond James Onboards $740 Million Alaska-Based Advisor Team

By Amit Chowdhry ● Apr 3, 2025

Raymond James recently brought in a team of five financial advisors to Raymond James & Associates (RJA) – the firm's employee advisor channel – in Juneau, Alaska as announced by Dominic Prioli, Central regional director for RJA.

LPL Brings In $600 MIllion FA Austin Greer

By Amit Chowdhry ● Apr 3, 2025

LPL Financial announced that financial advisor Austin Greer, CRPS, has joined LPL’s employee advisor channel Linsco by LPL Financial, to launch Oxford Oaks Capital of LPL Financial. And he reported serving approximately $600 million in advisory, brokerage and retirement plan assets and joins LPL from UBS.

IK Partners: Fund X Closed At €3.3 Billion Hard Cap

By Amit Chowdhry ● Apr 3, 2025

IK Partners - a leading European private equity firm - announced that it has closed its 10th Mid Cap fund the IK X Fund, having reached its hard cap of €3.3 billion and representing the largest fund the firm has raised to date. And IK’s previous Mid Cap fund IK IX raised €2.85 billion in 2020.

VCU Startup Wins Grant For Infection-Fighting Surgical Gel

By Amit Chowdhry ● Apr 3, 2025

A Virginia Commonwealth University startup with an innovation that could enhance brain and spinal surgeries received a $800,000 state grant to support the development of its infection-fighting gel. Pascal Medical is one of four grant recipients to receive awards from Virginia Catalyst, a nonprofit created by the General Assembly and funded via the state’s general fund and seven public research universities, including VCU. Catalyst CEO Mike Grisham said the nonprofit's goal is to provide funding that helps industry partners and academic investigators raise follow-on investments.

Providence Equity Partners Buying Tax Systems From Bowmark Capital

By Amit Chowdhry ● Apr 3, 2025

Providence Equity Partners - a specialist private equity investment firm focused on growth-oriented media, communications, education, and technology companies - announced the acquisition of Tax Systems (global tax and accounting software provider) from Bowmark Capital, the mid-market private equity firm specializing in technology, data, and service companies. And Providence’s investment will support Tax Systems’ continued platform expansion and innovation, targeting new tax and regulatory compliance solutions in existing and new geographies.

Israel Secondary Fund: Ophir Reshef Named As Partner

By Amit Chowdhry ● Apr 3, 2025

Ophir Reshef was appointed a partner at Israel Secondary Fund (ISF), joining Dror Glass, Nir Linchevski, and Eva Hubsman. Reshef brings diverse experience as an investor, tech executive, entrepreneur, and consultant.

JM Test Systems Acquiring Alabama Scale & Instrument

By Amit Chowdhry ● Apr 3, 2025

JM Test Systems - a leading provider of test equipment solutions and calibration services - announced the acquisition of Alabama Scale & Instrument (ASI), expanding its presence in the Southeast and enhancing its capabilities in test equipment services.

Emovid: Seed Funding Raised For Advancing Authentic Business Communication

By Amit Chowdhry ● Apr 3, 2025

Emovid, a platform built to enable unified and asynchronous video, text, and audio communication for businesses, announced its seed funding round closing, bringing total funding to nearly $7 million. The seed funding round was led by o-kaisha Investments, the investment arm of the Oki Family Office (Scott Oki led the first billion dollars worth of sales for Microsoft).