Archives

Illuminate Financial: $235 Million Third Fund Closed

By Amit Chowdhry ● Jul 11, 2023

Illuminate Financial - a financial services-focused venture firm - recently announced it has closed its third fund, a $235 million fund to invest in early-stage businesses solving problems for financial institutions.

Attovia Therapeutics: Precision Proteomics Company Closes $60 Million In Funding

By Annie Baker ● Jul 11, 2023

Alamar Biosciences (a company powering precision proteomics to enable the earliest detection of diseases) and Frazier Life Sciences recently announced the launch of Attovia Therapeutics, which is a newly formed company focused on creating a pipeline of biotherapeutics in immune-mediated disease and cancer. The company - based on Attobody, Alamar’s novel proprietary biparatopic nanobody platform - concurrently closed a $60 million Series A financing led by Frazier and joined by venBio and Illumina Ventures.

Cleareye.ai: Strategic Investment Raised From J.P. Morgan

By Amit Chowdhry ● Jul 11, 2023

Cleareye - the provider of a category-leading digital trade finance solution ClearTrade for digital automation of trade compliance and operations - recently announced it has secured a strategic investment from J.P. Morgan.

Groupon: Jason Harinstein Joins Board of Directors

By Amit Chowdhry ● Jul 11, 2023

Groupon recently announced that it has appointed Jason Harinstein, CFO of Collectors Holdings as a new independent member of the company’s Board of Directors. Harinstein will also sit on the Board’s Audit Committee.

Paymerang: This Accounts Payable Automation Company Helps Organizations Improve Efficiency In A $12 Billion Market

By Amit Chowdhry ● Jul 11, 2023

Paymerang is a leading innovator in Accounts Payable (AP) Automation that is committed to helping organizations overcome the immense economic pressures they face today. Pulse 2.0 interviewed Paymerang CEO Nasser Chanda to learn more.

EUV Tech: A Leader In Metrology Equipment For Enabling Semiconductor Manufacturing Using Extreme Ultraviolet Lithography

By Amit Chowdhry ● Jul 11, 2023

EUV Tech is known as a global leader in the production of metrology equipment to enable leading-edge semiconductor manufacturing using extreme ultraviolet lithography (EUVL). To learn more about the company Pulse 2.0 interviewed EUV Tech CEO Dr. Patrick Naulleau.

Turing: This Company Augments Developers To Help Them Achieve Career Goals

By Amit Chowdhry ● Jul 11, 2023

Turing is a company that connects world-class engineers with companies to help them achieve their respective career and business goals. Pulse 2.0 interviewed Turing Senior Director of Engineering Yuzhao Ni to learn more.

TealBook: Quentin Schmick Named As New VP Of Engineering

By Amit Chowdhry ● Jul 11, 2023

TealBook - a leading supplier data platform that autonomously enhances supplier data - announced its new Vice President of Engineering Quentin Schmick.

Hypar: $5.5 Million Secured For Building Design Automation Platform

By Annie Baker ● Jul 11, 2023

Hypar - a cloud-based design automation platform for buildings - recently announced a $5.5 million Series A round led by Brick & Mortar Ventures with participation from Building Ventures.

DUOS: Digital Health Company Closes $10 Million To Empower Older Adults To Live Independently

By Noah Long ● Jul 11, 2023

DUOS - a digital health company that is focused on empowering older adults to live independently - recently announced that it raised $10 million in funding led by Primetime Partners, SJF Ventures, and CEOC's Aging Innovation Fund managed by Castellan Group.

Focused Energy: Laser-Based Fusion Company Raises $82 Million

By Annie Baker ● Jul 11, 2023

Focused Energy - a laser-based fusion startup dedicated to developing fusion as a means of generating clean alternative energy - recently announced that it raised an additional $11 million in Series A funding, bringing its total funding to $82 million. The funding round was led by Prime Movers Lab, and previous investors VCP Capital and Tony Florence joined the round as well.

Hungry: Food-Tech Marketplace Company Secures $10 Million

By Noah Long ● Jul 11, 2023

HUNGRY - a food-tech marketplace company recently announced it closed a $10 million Series C1 funding round.

Tagworks Pharmaceuticals: $65 Million For Click-To-Release Chemistry To Deliver Safer Systemic Therapies

By Dan Anderson ● Jul 11, 2023

Tagworks Pharmaceuticals BV - the pioneer of Click-to-Release chemistry designed to deliver more effective and safer systemic therapies - recently announced a $65 million Series A financing led by Ysios Capital and Gilde Healthcare with participation from Novartis Venture Fund, New Enterprise Associates (NEA), and Lightstone Ventures. And they join existing investors including Meneldor and Oost NL.

Caraway: $16.75 Million For Digital Mental, Physical And Reproductive Healthcare Company

By Dan Anderson ● Jul 11, 2023

Caraway announced $16.75 million in Series A funding. The funding round was led by Maveron, an investor in consumer-only and early-stage companies, and GV. Returning investors include 7wireVentures and Hopelab Ventures with new participation from Wellington Access Ventures, Ingeborg Investments, and The Venture Collective. OMERS Ventures (a seed-stage investor in Caraway) will remain on the Board.

AccurKardia: Medical AI Software Company Secures $2.7 Million Seed Round

By Annie Baker ● Jul 11, 2023

AccurKardia - a medical AI software company delivering clinical-grade ECG interpretation software - recently announced the final closing and completion of its $2.7 million seed funding. The investors include the Popular Impact Fund, an early-stage investment vehicle from Popular Inc. (NYSE: BPOP) alongside other private investors. This funding milestone marks a significant step towards AccurKardia’s goal of improving patients’ outcomes and saving millions of lives regardless of geography.

WunderGraph: This Company Is Building A Backend For Frontend Framework For Over A $200+ Billion Market

By Amit Chowdhry ● Jul 11, 2023

WunderGraph is known as an API Composition Framework designed for connecting all kinds of data sources through API Composition. To learn more about the company, Pulse 2.0 interviewed WunderGraph COO and co-founder Björn Schwenzer and Head of Growth and co-founder Stefan Avram.

Jonathan Brabrand On Planning For Company Exits

By Amit Chowdhry ● Jul 11, 2023

Jonathan Brabrand is a Managing Director at Transact Capital Partners and is passionate about helping businesses prosper and maximize value to their employees, customers, communities, and owners. Brabrand has spent over 25 years leading sell-side merger and acquisition (M&A) transactions as an investment banker and is the author of a new book called The $100 Million Exit: Your Roadmap to the Ultimate Payday. Pulse 2.0 interviewed Brabrand to learn more.

Administrate: Enterprise Training Operations Platform Raises $6.4 Million

By Amit Chowdhry ● Jul 11, 2023

Administrate - a leading enterprise training operations platform - announced that it had raised $6.4 million from existing investors Archangels, Mercia, and the Scottish Investment Bank and that they also welcomed Hambro Perks as a new capital partner.

AltPep: $53 Million Raised To Develop Early Disease-Modifying Treatments And Detection Tools For Amyloid Diseases

By Dan Anderson ● Jul 10, 2023

AltPep Corporation - a privately-held biotechnology company developing early disease-modifying treatments and detection tools for amyloid diseases - recently announced the completion of a $52.9 million Series B financing round.

Kibsi: $9.3 Million In Funding Raised To Build Computer Vision Applications

By Annie Baker ● Jul 10, 2023

Kibsi announced it has successfully raised a combined total of $9.3 million in pre-seed and seed funding, which will fuel the company's continued product development and accelerate expansion. The funding included GTMfund, NTTVC, Preface Ventures, Ridge Ventures, Secure Octane, and Wipro Ventures.

Alvys: Middle Mile Logistics Company Brings In $6.3 Million In Funding

By Dan Anderson ● Jul 10, 2023

Alvys - an end-to-end operating system for middle-mile logistics companies with a laser focus on carriers - recently announced it has raised a $6.3 million seed round led by Bonfire Ventures with participation from RTP Global and strategic angel investors.

Altis Labs: $6 Million Secured To Accelerate Clinical Trials With AI

By Noah Long ● Jul 10, 2023

Altis Labs - the computational imaging company accelerating clinical trials with artificial intelligence - recently announced the closing of its US $6 million seed financing. And Benchstrength and Debiopharm Innovation Fund co-led the round with participation from strategic angels including Doug Foster, the former CEO of digital health company Verana Health, and Richard Gliklich, MD, the founder and CEO of real-world data company OM1.

Volt Banks $60 Million In Funding To Build Global Infrastructure For Real-Time Payments

By Amit Chowdhry ● Jul 10, 2023

Volt - a company building the global infrastructure for real-time payments - recently announced that it has raised a $60 million Series B to fund expansion into new international markets such as APAC and the Americas and support product development in existing markets across Europe, the UK, and Brazil.

Madrona Venture Labs: $11 Million Fifth Fund Established For AI Companies

By Amit Chowdhry ● Jul 10, 2023

Madrona Venture Labs (MVL) - a Seattle-based startup studio - recently announced $11 million for its fifth fund.

Aktos: $4.4 Million In Seed Funding Raised For Leading System Of Record For Modern Debt Collections Agencies

By Dan Anderson ● Jul 10, 2023

Aktos - a leading system of record for modern debt collections agencies - recently announced that it has raised $4.4 million in Seed funding co-led by 8VC and Crew Capital. And the new capital will be used to accelerate the company’s mission to build the modern AI-powered operating system for the $20 billion debt collection industry.

SOS: Smart Wellness Vending Machine Company Raises $7.6 Million

By Annie Baker ● Jul 10, 2023

SOS - a female-founded company that is redefining wellness on the go through a fast-growing network of smart vending machines - recently announced $7.6 million in funding in two separate strategic partnerships: a $2.6 million investment round supported by Wasserman Ventures and a $5 million round led by Urban Us Capital to support machine production and expansion.

Limble: Computerized Maintenance Management Systems Company Raises $58 Million

By Amit Chowdhry ● Jul 10, 2023

Limble - a leading provider of modern computerized maintenance management systems (CMMS) - recently announced a $58 million Series B funding round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), bringing the company's valuation to $450 million.

FundMiner: $1.725 Million Secured to Help Fundraising Organizations Measure And Maximize Impact

By Noah Long ● Jul 10, 2023

FundMiner - an AI-powered platform that helps fundraising organizations measure and maximize impact - recently announced that it has raised $1.725 million in funding. Arizona-based Sonoran Founders Fund led the funding round, followed by Techstars, Cascade Seed Fund, and more.

Hyype Space: This New Challenge-Based Social Platform Connects Users With Brands

By Amit Chowdhry ● Jul 10, 2023

Hyype Space is known as a challenge-based social content platform that connects creators, brands, and nonprofits to their target audiences by offering a prize setup, a voting leaderboard, etc. To learn more about the company, Pulse 2.0 interviewed Hyype Space CEO and founder Randy Greenberg.

Fero Labs: AI-Driven Manufacturing Process Optimization Company Closes $15 Million In Funding

By Noah Long ● Jul 10, 2023

Fero Labs - an AI-driven manufacturing process optimization software company - recently announced the closing of a $15 million growth round led by Climate Investment (CI; formerly OGCI Climate Investments) with additional participation from investors Blackhorn Ventures, Innovation Endeavors, and DI Technology. This funding round brings Fero Labs' total funding to date to $30 million.