Archives

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).

CEAR: Funding Raised From Ancor Capital Partners

By Amit Chowdhry ● Apr 3, 2025

Ancor Capital Partners - an operations-focused private investment firm based in the Dallas-Fort Worth area - announced an investment in CEAR, a leading electronics recycling and IT asset disposition (ITAD) service based in Mather, California.

Unframe: Turnkey AI Platform Company Raises $50 Million

By Amit Chowdhry ● Apr 3, 2025

Unframe, an all-in-one turnkey AI platform for global enterprises, emerged from stealth today with $50 million in funding from Bessemer Venture Partners, TLV Partners, Craft Ventures, Third Point Ventures, SentinelOne Ventures, Cerca Partners, and Terra Nova Ventures. The funding will support Unframe’s global expansion and sales growth while enhancing its platform by accelerating R&D and innovation.

25karats: Interview With Co-Founder & CEO Naz Aksu About The Online Jewelry Company

By Amit Chowdhry ● Apr 3, 2025

25karats is a company that controls the sourcing, manufacturing, and product distribution of jewelry to provide better prices while also raising the quality bar on the competition. Pulse 2.0 interviewed 25karats co-founder and CEO, Naz Aksu, to learn more about the company.

Xcellerant Ventures Partners With AZ Venture Capital To Invest In Arizona-Based Startups

By Amit Chowdhry ● Apr 2, 2025

Xcellerant Ventures (XVC) announced a strategic partnership with AZ Venture Capital (AVC), bringing $7 million in new funding to Arizona-based health technology startups. The $7 million in total funding, which is available for Arizona startups, was made possible by a $5 million investment by AVC into XVC’s Fund.

Vivere Partners: $7.5 Million (Series A) Secured For Launching Specialty Insurance Platform

By Amit Chowdhry ● Apr 2, 2025

Vivere Partners, a specialty insurance platform established to focus on niche insurance lines, announced the completion of a $7.5 million Series A funding round led by General Catalyst, Pathlight Ventures, and Greenlight Re.

ControlTheory: $5 Million (Seed) Raised For Controllability For Observability

By Amit Chowdhry ● Apr 2, 2025

ControlTheory, a company focused on controllability for observability, announced it has raised $5 million in seed funding from Silverton Partners. This milestone supports the launch of its innovative Observability Control Platform, enabling technology leaders to regain control of their observability through cost control, operational control, and adaptive control.

Founders At University Of Cambridge Reveal Second Accelerator Cohort

By Amit Chowdhry ● Apr 2, 2025

Founders at the University of Cambridge have revealed the eight venture science startups participating in the second START Accelerator.

UC Berkeley Student Launches Startup Code Blue For Detecting Stroke Signs

By Amit Chowdhry ● Apr 2, 2025

This UC Berkeley student launched a startup for detecting stroke signs.

Iron Prairie Ventures: $15 Million Fund Launched For Investing On Seed-Stage Investments

By Amit Chowdhry ● Apr 2, 2025

Iron Prairie Ventures announced it has raised a $15 million fund focused on pre-seed and seed-stage investments in startups fueling the industrial sector's digital transformation. This fund will support companies in developing innovative solutions across the construction, manufacturing, infrastructure, logistics, and supply chain sectors.

VQ Biomedical: $5 Million (Seed) Raised For Duke University Medical Tech Spin-Out

By Amit Chowdhry ● Apr 2, 2025

VQ Biomedical, a medical technology company developing an innovative oxygenation catheter for treating acute respiratory distress syndrome (ARDS), announced it has closed a $1.65 million round. The funding is led by Harbright Ventures, the Wolfpack Investor Network (WIN), and Duke Capital Partners (DCP) with a collective $970,000 investment.

Atombeam: Interview With Co-Founder & CEO Charles Yeomans About The Data Storage Application Company

By Amit Chowdhry ● Apr 2, 2025

Atombeam is a company that is on the cutting edge of data reduction for IoT and data storage applications. Pulse 2.0 interviewed Atombeam co-founder and CEO Charles Yeomans to learn more about the company.

University Of Tennessee Research Foundation Invests In VisualizAI

By Amit Chowdhry ● Apr 2, 2025

The University of Tennessee Research Foundation’s (UTRF) Accelerate Fund announced its second investment of $150,000 to VisualizAI, a pioneering AI startup focused on transforming healthcare claims processing.