Archives

RxLightning: Specialty Medication Access Company Closes $17.5 Million In Funding

By Dan Anderson ● Jun 23, 2023

RxLightning - a creator of the industry’s first comprehensive platform for streamlining specialty medication access and affordability - announced that it closed a $17.5 million Series A investment to support the company’s growth and further remove barriers to life-saving therapies.

Sourcemap: Supply Chain Mapping Software Company Closes $20 Million

By Noah Long ● Jun 23, 2023

Sourcemap - a leading global provider of supply chain mapping and monitoring software - announced the closing of a $20 million Series B investment led by Energize Ventures with participation from the E14 Fund. And Sourcemap will utilize this latest funding to further expand its global footprint and add business-critical solutions to its supply chain mapping and monitoring software suite.

Purdue University And High Alpha Partnering To Base Programs In Downtown Indianapolis

By Amit Chowdhry ● Jun 23, 2023

Purdue University’s Executive Education programs from the Mitchell E. Daniels, Jr. School of Business and some Purdue Innovates programs in Indianapolis will be housed at High Alpha in the burgeoning Bottleworks District of Indianapolis. The recent announcement builds on Purdue’s commitment announced last week to expand the university’s academic and research excellence to the state capital while investing in and partnering with the city to create new knowledge, build startups, and connect talents with industry.

Aite-Novarica Group And RBR Rebrands To Datos Insights

By Amit Chowdhry ● Jun 23, 2023

Aite-Novarica Group and RBR announced its rebranding as Datos Insights. These companies - both global leaders in financial services technology research and data - merged in February 2022. This new brand represents an expanded vision for the combined company, which builds on its collective reach and resources. And together under the Datos Insights name, they will continue their journey with a new web presence and product enhancements to help clients achieve the most significant possible business impact.

AdvancedMD: This Company Builds Cloud Software For Medical Practices – A $6+ Billion Market

By Amit Chowdhry ● Jun 23, 2023

AdvancedMD builds cloud software for independent medical practices that deliver industry-leading patient outcomes and financial performance. Pulse 2.0 interviewed AdvancedMD vice president and head of product Tim Costantino to learn more about the company.

Nexa Equity: $180 Million Private Equity Fund Closed

By Amit Chowdhry ● Jun 23, 2023

Nexa Equity - a San Francisco-based private equity firm focused on investing in lower-middle market application software and fintech businesses - announced the successful closing of its inaugural fund Nexa Equity Fund I, L.P. with over $180 million in capital commitments. This fund received substantial support from leading university endowments, foundations, investment advisers, fund-of-funds, family offices, entrepreneurs, private equity leaders, and other financial institutions. And Nexa Equity has raised an additional $150 million through deal-specific co-investment vehicles, bringing the firm’s total private equity capital under management to over $330 million.

Haiqu: Quantum Computing Software Company Completes $4 Million Funding Round

By Noah Long ● Jun 23, 2023

Haiqu - a startup building software to enhance the performance of quantum processors - announced recently it has closed a $4M financing round led by MaC Venture Capital, with participation from Toyota Ventures, SOMA capital, u.ventures, SID Venture Partners, and Roosh Ventures. This funding round also included private contributions from Paul Holland, Alexi Kirilenko, and Gordy Holterman.

Ferretly: Social Media Screening SaaS Company Closes $1.5 Million In Funding

By Annie Baker ● Jun 23, 2023

Ferretly - an AI-powered social media screening SaaS start-up - recently announced that it has raised $1.5 million in a seed round of funding led by Bull City Venture Partners (BCVP) with participation from Seed Round Capital and prior investors including a group of industry experts led by Dave Dickerson, Founder and Chairman of Accurate Background.

PayNearMe: $45 Million Raised To Improve Consumer Payment Experiences

By Noah Long ● Jun 23, 2023

PayNearMe - a rapidly growing fintech company focused on improving the consumer payment experience - announced it has closed $45 million in Series D funding led by Queensland Investment Corporation (QIC) with participation from True Ventures, Costanoa Ventures, August Capital, DNS Capital, Invicta Management and H. Barton Asset Management.

Conformal Medical: $35 Million Secured To Develop Next-Generation Left Atrial Appendage Occlusion Technology

By Annie Baker ● Jun 23, 2023

Conformal Medical - a medical device company developing next-generation left atrial appendage occlusion (LAAO) technology - announced the successful completion of its Series D funding round, raising a total of $35 million. The highly supported round reflects the progress and achievements made since its last funding round - which includes the initiation of the CONFORM Clinical Trial.

Amogy: Energy-Dense Ammonia Power Solutions Company Closes $150 Million In Funding

By Dan Anderson ● Jun 23, 2023

Amogy - a pioneer of emission-free, energy-dense ammonia power solutions - announced its $11 million Series B-2 fundraising, joined by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine. And this funding concludes Amogy's Series B fundraising.

OTTO Motors: This Company’s Autonomous Mobile Robots Significantly Improve Efficiencies For Customers

By Amit Chowdhry ● Jun 23, 2023

OTTO Motors is a company that is known for designing and manufacturing autonomous mobile robots for a wide variety of industries. To learn more about the company, Pulse 2.0 interviewed OTTO Motors’ Vice President of Product Jay Judkowitz.

Sensydia: Non-Invasive Cardiac Diagnostic Company Secures $3 Million NIH Grant

By Noah Long ● Jun 22, 2023

Sensydia - a non-invasive cardiac diagnostic company - announced recently that it was awarded a Fast-Track Small Business grant from the National Heart, Lung, and Blood Institute (NHLBI), part of the National Institutes of Health (NIH).

Hun School Of Princeton Students On Working With New Jersey Beekeepers

By Amit Chowdhry ● Jun 22, 2023

The Hun School of Princeton - an all-gender private day and boarding school - announced that through NextTerm - which is a three-week mini-semester designed to offer Hun students an experiential and interdisciplinary academic experience with real-world implications. The Hun students are exploring how the honey bee is deeply connected to human culture and how humans can work to preserve its existence.

Forge Nano: $50 Million Raised To Build Out Battery Production Line

By Dan Anderson ● Jun 22, 2023

Forge Nano - a global leader in precision nano-coating technology - recently announced the closing of over $50 million in funding led by key investments from Korea’s Hanwha Corporate Venture Capital with participation from OIC, Catalus Capital, Ascent Funds, and existing investors. This funding round brings the company’s total amount of capital raised to date to more than $95 million.

Fero Labs: AI-Driven Manufacturing Process Optimization Software Company Raises $15 Million

By Annie Baker ● Jun 22, 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) with additional participation from investors Blackhorn Ventures, Innovation Endeavors, and DI Technology.

Boox And ReturnBear Partnering For Enabling More Sustainable E-Commerce Packaging

By Amit Chowdhry ● Jun 22, 2023

Boox - a sustainable e-commerce platform providing zero-waste, circular packaging solutions - announced the expansion of its services to the Canadian market through support by Canada’s first package-free returns network ReturnBear. The Boox x ReturnBear partnership started off with rhode’s entry to Canada, as well as Kiehl’s Canada, through a shared goal to transition the e-commerce industry to a more circular economy.

Elastio: Cloud Native Recovery Assurance Platform Company Pulls In $18 Million In Funding

By Noah Long ● Jun 22, 2023

Elastio is a cloud native recovery assurance platform that bridges the gap between data protection and cybersecurity in the cloud. The company recently announced an oversubscribed $18 million Series A investment led by Venture Guides, new investors Capri Ventures, and Alumni Ventures, with strong participation from existing investors Bain Capital Ventures and Uncorrelated Ventures.

AptEdge: $11 Million Raised To Advance AI-Driven Customer Service Platform

By Dan Anderson ● Jun 22, 2023

AptEdge - a generative AI startup building an answer engine for customer service - announced it has raised an oversubscribed $11M seed+ round led by Stage 2 Capital with other investors (Unusual Ventures, National Grid Partners, Carya Venture Partners, Counterpart Ventures) to support momentum behind its revolutionary solution for the customer service industry.

Percepto: Autonomous Inspection And Monitoring Solution Provider Closes $67 Million

By Noah Long ● Jun 22, 2023

Percepto - a leading autonomous inspection and monitoring solution provider - announced a combined $67M Series C in equity and debt funding led by Koch Disruptive Technologies (KDT), alongside new investors Zimmer Partners and one of the largest U.S. energy companies.

Pebble: $13.6 Million Raised To Develop Hassle-Free Electric RV Experiences

By Annie Baker ● Jun 22, 2023

Pebble is a California-based startup that recently came out of stealth with its plans to develop a hassle-free electric RV experience designed for a new way to live, work and explore. And the company has raised $13.6 million from Lightspeed, Vision+, and UpHonest Capital to bring innovation to the RV industry that has seen few technological advancements in the past 50 years.

uniQure: $100 Million Milestone Achieved With Hemophilia B Gene Therapy

By Noah Long ● Jun 22, 2023

uniQure N.V. - a leading gene therapy company advancing transformative therapies for patients with severe medical needs - recently announced the achievement of a $100 million milestone associated with the first commercial sale of HEMGENIX in the United States by its partner CSL.

Trust Lab: $15 Million Raised To Mitigate Harmful And Illegal Content

By Noah Long ● Jun 22, 2023

Trust Lab - a company transforming how companies and public entities safeguard Internet users - announced it has closed a Series A funding round of $15 million led by U.S. Venture Partners (USVP) and Foundation Capital.

evolvedMD: Integrated Collaborative Care Management Services Company Closes $14 Million

By Dan Anderson ● Jun 22, 2023

evolvedMD - a market leader in delivering integrated Collaborative Care Management (CoCM) services in primary care - announced it has raised a $14 million Series-A Prime round led by San Francisco-based Conductive Ventures with additional investment from FCA Venture Partners of Nashville, Healthworx in Washington, D.C., and Boston-based Tectonic Ventures and Waterline Ventures.

WAVs AI: $20 Million In Funding Raised From Regal Investments

By Annie Baker ● Jun 22, 2023

Regal Investments announced recently its strategic investment of $20 million in the AI music streaming platform WAVs AI. And this significant investment underscores Regal Investments' commitment to leveraging AI technologies and staying ahead of the curve in the ever-evolving music industry.

PayPal And KKR Sign €40 Billion Multi-Year European Pay Later Receivables Deal

By Amit Chowdhry ● Jun 22, 2023

PayPal and KKR announced recently the signing of an exclusive multi-year agreement for a €3 billion replenishing loan commitment under which private credit funds and accounts managed by KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated by PayPal in France, Germany, Italy, Spain, and the United Kingdom.

Fortis Buys SmartPay And Expands Into Canada

By Amit Chowdhry ● Jun 22, 2023

Fortis - a payment and commerce technology leader for software providers, marketplaces, and scaling businesses - announced that the company now offers its solutions in Canada, its first expansion outside the United States. And Fortis also announced the acquisition of embedded payments provider SmartPay and rolled out enhanced funding and settlement capabilities to meet rising demands from marketplaces and software platforms.

SimplePay Health: This New Health Plan Empowers Employees With Simpler Payments And Care

By Amit Chowdhry ● Jun 21, 2023

SimplePay is known as a new health plan that empowers employees with high-quality care, concierge support, and easily understood payment structures. To learn more about the company, Pulse 2.0 interviewed SimplePay Health co-founder Wally Gomaa.

Instabase: Applied AI Company Raises $45 Million Funding At $2 Billion Valuation

By Amit Chowdhry ● Jun 21, 2023

Instabase - a leader in Applied AI for the enterprise - recently announced its Series C funding round and the launch of AI Hub, a repository of AI apps focused on content understanding and a set of generative AI-based tools. The $45 million Series C funding round, which concluded at the end of 2022, doubled Instabase’s valuation to $2 billion.

Curri: Logistics Platform Company Closes $42 Million In Funding

By Annie Baker ● Jun 21, 2023

Curri recently announced a $42 million Series B funding round led by Bessemer Venture Partners with participation from existing backers Initialized Capital, Brick & Mortar Ventures, Rainfall Ventures, and others.