Archives

Token: Wearable Authentication Solutions Provider Raises $30 Million

By Annie Baker ● Apr 27, 2023

Token - a revolutionary provider of secure and wearable authentication solutions - announced a $30 million financing raise to support the company’s product development and strategic growth objectives.

Monica Eaton Named CEO For Chargebacks911

By Annie Baker ● Apr 27, 2023

Chargebacks911 announced the formal transition of Monica Eaton to assume the title of its Chief Executive Officer (CEO). And Gary Cardone, who has held the title of CEO for the last ten years, will depart the management team and plans to pursue strategic investments throughout his retirement.

Rogers Signs Deal With SpaceX For Satellite-To-Phone Coverage In Canada

By Noah Long ● Apr 27, 2023

Rogers Communications and SpaceX announced the companies have agreed to bring satellite-to-phone coverage nationwide to ensure Canadians stay connected in areas beyond the limits of traditional wireless networks.

Nayms: Funding Raised At $80 Million Valuation

By Dan Anderson ● Apr 27, 2023

Nayms - the world's first fully-regulated marketplace for on-chain insurance - announced that it closed its private token sale in a round led by UDHC, a leading DeFi investor headed up by the previous senior team at the Maker Foundation - which developed and deployed the MakerDAO protocol. And UDHC is aiming to bring DeFi to the mainstream by funding and guiding projects that are building on established DeFi protocols.

EquipmentShare: Equipment And Digital Solutions Provider Raises $290 Million

By Noah Long ● Apr 27, 2023

EquipmentShare - an equipment and digital solutions provider serving the construction industry - announced the completion of a $290 million funding round led by funds afﬁliated with BDT Capital Partners. This funding round also included participation from existing investors such as RedBird Capital Partners, Tru Arrow Partners, and Sound Ventures, and new investors including Brown Advisors.

Why Bosch Is Buying TSI Semiconductors For $1.5 Billion

By Amit Chowdhry ● Apr 27, 2023

Bosch - which has plans to expand its semiconductor business with silicon carbide chips - announced plans to acquire assets of the U.S. chipmaker TSI Semiconductors, based in Roseville, California. With a workforce of 250, the company is a foundry for application-specific integrated circuits (ASICs).

Diameter Capital Partners: $2.2 Billion In Capital Commitments Closed

By Amit Chowdhry ● Apr 27, 2023

Diameter Capital Partners LP, a New York-based alternative asset manager focused on the global credit markets, announced the final close of Diameter Dislocation Fund II (DDF II) at the hard cap with $2.2 billion of capital commitments.

Ebb Carbon: Ocean-Based Carbon Dioxide Removal Company Closes $20 Million

By Dan Anderson ● Apr 27, 2023

Ebb Carbon – which is an ocean-based carbon dioxide removal (CDR) company founded by former Tesla, SolarCity, and Google X executives – announced it has raised a $20 million Series A to develop and deploy its technology, which enhances and speeds the ocean’s natural ability to capture and permanently store carbon dioxide from the atmosphere.

infiniDome: Anti-Jamming Solutions Company Secures $9 Million

By Noah Long ● Apr 27, 2023

infiniDome - a leading provider of anti-jamming solutions - announced it has secured $9 million in Series A funding led by Hanwha Aerospace, which is one of the largest conglomerates in South Korea along with Honeywell Ventures, and Next Gear Ventures.

MedShift: Medical Technology Company Raises $108 Million

By Annie Baker ● Apr 27, 2023

Leading medical technology company MedShift announced it has completed a $108 million capital raise from Turning Rock Partners, Micota Capital, and OY6 Capital.

Forbion: Life Sciences Venture Firm Raises €1.35 Billion

By Annie Baker ● Apr 27, 2023

Forbion - a leading European life sciences venture capital firm – announced recently that it has raised €1.35 billion ($1.5 billion) for its two newest funds, bringing the total of funds under management to €3 billion. Both of the funds exceeded their original target sizes and represent Forbion’s largest fundraising success to date.

Certn: Background Screening And Identity Company Closes $30 Million

By Annie Baker ● Apr 27, 2023

Certn - a leader in online background checks and identity verification - announced it has raised $30 million in Series B financing with over $29.5 million coming from Export Development Canada (EDC).

Trustible: Responsible AI Governance Company Raises $1.6 Million

By Annie Baker ● Apr 27, 2023

Trustible - a software company that helps organizations accelerate Responsible AI governance to maximize trust and manage risk – announced it recently came out of stealth and they have raised $1.6 million in funding led by Harlem Capital

Exodigo: How This Company Is Solving Massive Underground Infrastructure Issues

By Amit Chowdhry ● Apr 27, 2023

Exodigo is a subsurface mapping solutions company that combines advanced sensors, 3D imaging, and AI technologies to provide a clear picture of the underground for customers across transportation, utilities, construction, etc. To learn more about the company, Pulse 2.0 interviewed Jeremy Suard, co-founder and CEO at Exodigo.

Avalanche Energy: Fusion Startup Company Raises $40 Million

By Noah Long ● Apr 27, 2023

Avalanche Energy - a fusion energy startup developing modular fusion micro-reactors - announced that it achieved a record of 200 kilovolts in its micro-fusion reactor and closed a $40 million Series A round led by Lowercarbon Capital with major participation from Founders Fund and Toyota Ventures. Also following a seed round investment are Congruent Ventures, Grantham Foundation, and Clear Path. The new participants also included Autodesk, MCJ Collective, and the Climate Capital Syndicate.

Vivid Machines: Real-Time Spectral Sensor Secures $4.3 Million

By Amit Chowdhry ● Apr 27, 2023

Vivid Machines announced the successful completion of an oversubscribed first close of its seed round funding of $4.3 million.

Fluree: Graph Ledger Database Company Raises $10 Million

By Amit Chowdhry ● Apr 27, 2023

Fluree - a company based in Winston-Salem, North Carolina that has developed a graph ledger database and data pipeline toolset for trusted-, interoperable-, secure-data management and sharing - announced it has closed a $10 million Series A funding round led by SineWave Ventures. Eve Atlas, Augment Ventures, Nanban Ventures, Wave Financial, and existing investors Good Growth Capital and Rise of the Rest also participated.

Bixby Research And Analytics: Credit Information Provider Company Secures $5.5 Million

By Dan Anderson ● Apr 27, 2023

Bixby Research and Analytics – a leading provider of credit information on private syndicated loan issuers - announced that it has closed a $5.5 million Series A round led by Fitch Ventures, the equity investment arm of Fitch Group, a global leader in financial information services.

Cequence Security Receives Strategic Investment From Hewlett Packard Pathfinder

By Annie Baker ● Apr 27, 2023

Cequence Security – a leading provider of Unified API Protection (UAP) - announced Hewlett Packard Pathfinder, the venture capital program of Hewlett Packard Enterprise (HPE), has made a strategic investment in the company.

Halcyon: Cyber Resilience Platform Company Raises $50 Million

By Noah Long ● Apr 26, 2023

Cyber resilience platform company Halcyon announced that it has raised a $50 million Series A funding round led by SYN Ventures with additional investment from Dell Technologies Capital, Corner Ventures, and other strategic investors. And this funding round will accelerate the development and adoption of the Halcyon cyber resilience platform, the first of its kind designed from day one to defeat ransomware and extortion campaigns.

VoltServer: $17.5 Million Raised For New Electricity Distribution Format

By Noah Long ● Apr 26, 2023

VoltServer - the inventor of a new distribution format for electricity - announced that it has raised a $17.5 million Series B funding, led by Marker Hill Capital and Constellation Technology Ventures, followed by the Southwire Company, RightHill Ventures, and Clean Energy Venture Group. This brings the company's total funding to $40 million.

BitGet Partners With Core DAO For $200 Million Ecosystem Fund

By Dan Anderson ● Apr 26, 2023

Bitget – a top crypto derivatives and copy trading platform – has entered into a partnership with Core DAO, an organization dedicated to developing the Satoshi Plus ecosystem. This collaboration will entail a $200 million ecosystem fund focusing on the support of decentralized applications (DApps) built on Core Network Layer-1 blockchain.

Alorica: $725 Million Refinancing Announced

By Annie Baker ● Apr 25, 2023

Alorica announced it closed a refinancing led by Cerberus Business Finance, LLC, and its affiliates. Through a directly negotiated transaction, Alorica received a $725 million senior secured term loan along with an upsized $300 million ABL facility provided by a syndicate of banks.

Weaviate: AI Native Vector Database Technology Company Raises $50 Million

By Dan Anderson ● Apr 25, 2023

Weaviate.io - a developer of the AI-native Weaviate vector database - announced a $50 million round of funding led by Index Ventures with participation from Battery Ventures. Weaviate's existing investors including NEA, Cortical Ventures, Zetta Venture Partners, and ING Ventures also joined this round.

Abdera Therapeutics: $142 Million Raised For Developing Cancer Precision Radiopharmaceuticals

By Noah Long ● Apr 25, 2023

Yellow Banana: Retail Grocery Platform Raises $26.5 Million

By Dan Anderson ● Apr 25, 2023

Yellow Banana - an owner and operator of eight Save A Lot locations in the Chicagoland area - announced the March 31, 2023 closing of a $26.5 million investment into grocery stores on the South and West Sides of Chicago. This funding round marks the next step in Yellow Banana’s ongoing commitment to underserved communities throughout the City of Chicago and the U.S.

Mytaverse: How This Company Is Embodying The Future Of The Virtual Enterprise

By Amit Chowdhry ● Apr 24, 2023

Mytaverse is a cloud-based metaverse platform that creates 3D immersive multiplayer true-to-life work environments. To learn more about the company, Pulse 2.0 interviewed CEO Kenneth Landau.

How Press Hook Is Using AI To Simplify Media Relations

By Amit Chowdhry ● Apr 24, 2023

Press Hook is a media relations platform company that connects media to brands and publicists at scale. And the company helps thousands of brands, publicists, and journalists connect with each other to facilitate newsworthy stories in a digital world. To learn more about the company, Pulse 2.0 interviewed Michelle Songy, CEO and founder of Press Hook.

Cure: Premium Hydration Company Secures $5.6 Million

By Annie Baker ● Apr 24, 2023

Cure – a functional hydration brand - announced $5.6 million in Series A funding and retail expansion to 15,000 stores nationwide, further cementing the brand as a key player in the $10 billion functional drink mix market. This funding round was led by Lerer Hippeau with additional participation from new and existing investors including Valedor Partners, Simple Food Ventures, Great Oaks Venture Capital, Joyance Partners, Silas Capital, Kim Clijsters, and others.

Rally: Composable Checkout Platform Company Raises $12 Million

By Dan Anderson ● Apr 24, 2023

Rally – a leading composable checkout platform for ecommerce merchants - announced a $12 million Series A investment led by March Capital with additional participation from Felix Capital, Commerce Ventures, Afore Capital, Alumni Ventures, and Kraken Ventures. This investment follows Rally’s $6 million seed funding round in 2021.