Archives

Pelvital: Women’s Health Company Raises $2.68 Million

By Annie Baker ● Aug 8, 2023

Pelvital - a leading innovator in women's health - recently announced closing a $2.68 million seed funding round for Flyte, an accessible and clinically proven treatment for stress urinary incontinence (SUI) and weakened pelvic floor muscles. This funding milestone emphasizes Flyte’s significant impact in addressing an underserved health concern among women.

SnoFox: Business Intelligence Company Closes $4.5 Million In Funding

By Noah Long ● Aug 8, 2023

SnoFox - a leading business intelligence tool that provides data analytics for the global cold chain - recently announced its $4.5 million seed round led by Voyager Ventures, bringing total funding to $5.7 million. The funding round also includes Pale Blue Dot, Ponderosa Ventures, and Mudcake participation.

Sk3w Technologies: Monitoring And Standardization Solutions Company Secures $7 Million

By Dan Anderson ● Aug 8, 2023

Sk3w Technologies recently announced that it has raised $7 million in a Series A round led by Tower Research Ventures, IMC, and Citadel Securities.

Source: B2B Commercial Construction Product Company Closes $8.5 Million

By Annie Baker ● Aug 8, 2023

Source - a leading B2B marketplace for commercial construction products - recently announced it closed on a $8.5 million Series A funding round. This funding round was led by M13 with participation from Rise of the Rest, Rogue Venture Partners, Founders' Co-op and Oregon Venture Fund. Source had previously raised a total of $3.7 million.

MatrixSpace: Addressing Next-Gen AI-Enabled Radar To Digitize The Outdoors In Over A $45 Billion Market

By Amit Chowdhry ● Aug 8, 2023

MatrixSpace is a company re-imagining radar, addressing the next generation of AI-enabled radar to digitize the outdoors. Pulse 2.0 interviewed MatrixSpace co-founder and CEO Greg Waters to learn more.

Evergent: Streamlining CRM Processes In A $100 Billion Market

By Amit Chowdhry ● Aug 8, 2023

Evergent is a company that builds customer relationship management tools for global digital media, entertainment, and telecommunications providers. With customers in 175 countries ranging from small businesses to Fortune 500 companies, Evergent creates flexible, user-friendly solutions that enable each customer to streamline their CRM processes and maximize monetization efforts. To learn more, Pulse 2.0 interviewed Evergent CEO Vijay Sajja.

Kapitus: This Company Operates As A Direct Lender And Marketplace In A $420 Billion Market

By Amit Chowdhry ● Aug 8, 2023

As both a direct lender and a marketplace with a trusted network of lending partners, Kapitus is able to provide small businesses the financing they need, when and how it is needed. Pulse 2.0 interviewed Kapitus CEO Andrew Reiser to learn more.

Fictiv: How This Company Makes Custom Manufacturing Simpler By Offering Parts On-Demand

By Amit Chowdhry ● Aug 8, 2023

Lightmatter: This Company Is Developing The Future Of Semiconductor Chip Architecture

By Amit Chowdhry ● Aug 8, 2023

Lightmatter is a company delivering a new paradigm in semiconductor chip architecture and the next transition for large-scale computing. And tThe company has developed photonic processors that are faster, more efficient, and cooler than any conventional processors today and is answering the call for increased compute speed, low energy density, and reduced chip heating. Pulse 2.0 interviewed Lightmatter CEO Nick Harris to learn more.

AMOpportunities: $2 Million Secured To Connect Medical Students/Graduates With Physicians

By Annie Baker ● Aug 8, 2023

AMOpportunities recently announced an additional $2 million to its Series A2 from new investors Laerdal Million Lives Fund and LAGO Innovation Fund, as well as current investors PACE Healthcare Capital, OCA Ventures, and HealthX Ventures. This funding round is now fully subscribed and will close imminently. And this brings the total funding to nearly $11 million.

RealPage Reveals AI-Powered Multifamily Demand Optimization Solution Demandx

By Amit Chowdhry ● Aug 8, 2023

RealPage - a leading global software and data analytics provider to the real estate industry - recently announced a new property demand intelligence solution called Demandx during the company’s annual customer conference RealWorld.

Nokia: First Telecom Company To Manufacture Fiber-Optic Broadband Network Electronics And Optical modules In The U.S. Via BEAD Program

By Amit Chowdhry ● Aug 8, 2023

Nokia recently announced it is the first telecom company to announce the manufacturing of fiber-optic broadband network electronics products and optical modules in the U.S. for use in the Broadband Equity, Access and Deployment (BEAD) program.

Campbell Buying Sovos Brands In $2.7 Billion Deal

By Amit Chowdhry ● Aug 8, 2023

Campbell Soup Company and Sovos Brands recently announced that the companies have entered into an agreement for Campbell to acquire Sovos Brands, Inc. for $23 per share in cash, representing a total enterprise value of approximately $2.7 billion. This deal represents a 14.6x adjusted EBITDA multiple, including expected annual run rate synergies of approximately $50 million. The strategic deal adds a high-growth, market-leading premium portfolio of brands to diversify and enhance Campbell’s Meals & Beverages division, providing a substantial runway for sustained profitable growth.

Vekst Capital To Invest In West Michigan Businesses

By Amit Chowdhry ● Aug 8, 2023

Vekst Capital announced it had tapped West Michigan native Steve Tolger to run its private investment firm that invests long-term in family-owned West Michigan companies. Grand Rapids businessman Tim Engen is the founder of Vekst and Tolger will drive the vision and investments as company president. Steve Smith will serve as Vekst’s chief financial officer.

Transcend: $20 Million Raised To Automate Critical Infrastructure Design

By Amit Chowdhry ● Aug 7, 2023

Transcend Software - a leading SaaS provider of generative design tools for critical infrastructure - recently announced it has closed on its Series B financing round with participation from Autodesk, a leading software provider for the architecture, engineering, construction, manufacturing, product design, and media and entertainment industries. The existing investors, including HG Ventures, PureTerra, and Aspen Capital Group, participated in the round, along with new investors Arosa Capital and Riverstone Holdings LLC.

PacBio To Buy Apton Biosystems In Deal Up To $110 Million

By Annie Baker ● Aug 7, 2023

PacBio - a leading developer of high-quality and highly accurate sequencing solutions - recently announced that it has agreed to acquire Apton Biosystems, a company developing a high throughput short-read sequencer using state-of-the-art optics and image processing, paired with novel clustering and chemistry, that is designed to enable the sequencing of billions of clusters of DNA on one flow cell.

Heartland Ventures: This $75 Million Venture Firm Connects Startups With New Customers In The Midwest

By Amit Chowdhry ● Aug 7, 2023

Heartland Ventures is a venture capital firm that connects high-growth startups with new customers in the Midwest. Pulse 2.0 interviewed Heartland Ventures Managing Director Max Brickman to learn more.

Sprout Social Acquires Tagger Media In $140 Million Deal

By Amit Chowdhry ● Aug 7, 2023

Sprout Social, an industry-leading social media management software provider, recently announced the acquisition of Tagger Media, a leading influencer marketing and social intelligence platform. This acquisition will further establish Sprout as the social media software market leader with a comprehensive platform that empowers brands to execute a holistic social strategy at scale.

Alcatel-Lucent Enterprise: A Discussion About Customer Experience, Supply Chain Automation, And ESG

By Amit Chowdhry ● Aug 7, 2023

Alcatel-Lucent Enterprise is a company that offers communication equipment and services to telecommunications companies, ISPs, and data providers. Pulse 2.0 interviewed Alcatel-Lucent Enterprise EVP, Chief Business Officer Rukmini Glanard, and EVP of Global Operations, Business Technology and Quality Rasheed Mohamad to learn more.

Orbital: Finance And Crypto Payments Company Secures £5 Million

By Amit Chowdhry ● Aug 6, 2023

Orbital - a London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises - recently announced it has raised £5 million ($6.4 million) in an oversubscribed growth round led by Golden Record Ventures at an attractive valuation in which the founders are maintaining a large majority. The participants in the round include New Form Capital, GSRV, Psalion and Luminous Futures.

Lionsgate And Hasbro Buying Independent Content Platform eOne In A $500 Million Deal

By Annie Baker ● Aug 6, 2023

Lionsgate (NYSE: LGF.A, LGF.B) and Hasbro (NASDAQ: HAS) recently announced that they have signed an agreement under which Lionsgate will acquire the independent content platform eOne in a transaction valued at approximately $500 million, comprised of cash of $375 million subject to additional purchase price adjustments, and the assumption of production financing loans. This agreement is subject to customary closing conditions.

Language I/O: Business-Accurate Translation Technology Company Secures $8 Million

By Amit Chowdhry ● Aug 6, 2023

Language I/O (LIO) - a leader in real-time, business-accurate translation technology - recently announced an $8 million Series A1 funding round led by Joint Effects, a venture capital firm based in Boston, MA.

Fungies.io: Pre-Seed Funding Round Closed To Help Game Developers Set Up Web Shops

By Amit Chowdhry ● Aug 6, 2023

Fungies.io recently announced the closure of its Pre-Seed funding round with investments from firms like Depo Ventures, Czechfounders.VC, Necto Labs, CV VC, Outlier Ventures, Tatum, and StartupYard.

Sonio: FDA 510(k) Clearance Received For Use Of AI In Prenatal Ultrasounds

By Amit Chowdhry ● Aug 5, 2023

Sonio - an AI company revolutionizing fetal ultrasounds - recently announced that their proprietary approach to ultrasound exams on pregnant people has been recognized in the United States as a product that meets health performance and safety standards. And Sonio has received Regulatory Class II FDA clearance for Sonio Detect. This product uses AI to ensure high-quality exams, automatically detecting views and quality criteria of ultrasound images.

Lightbend: Enhanced Developer Experience for Kalix Launches

By Amit Chowdhry ● Aug 5, 2023

Lightbend - the company providing cloud-native microservices frameworks for some of the world’s largest brands - recently announced a completely new Developer Experience (DX) for Kalix, a unique Platform-as-a-Service (PaaS) offering that delivers an innovative programming model explicitly designed to quickly build scalable, mission-critical, stateful applications in a serverless architecture while focusing solely on the application's business logic.

New Relic Being Taken Private By Francisco Partners And TPG For $6.5 Billion: Details

By Amit Chowdhry ● Aug 5, 2023

New Relic (NYSE: NEWR) - an all-in-one observability platform for every engineer - recently announced that it has entered into a definitive agreement to be acquired by Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a leading global alternative asset management firm, for $87.00 per share in cash. The all-cash transaction values New Relic at an equity valuation of approximately $6.5 billion.

Allarity Therapeutics And FivepHusion Collaborating On The Support Of Clinical Development Of Deflexifol

By Amit Chowdhry ● Aug 4, 2023

Allarity Therapeutics - a clinical-stage pharmaceutical company developing novel oncology therapeutics together with drug-specific DRP companion diagnostics for personalized cancer care - and Detsamma Investments Pty. Ltd. trading as “FivepHusion,” which is an advanced clinical-stage biotechnology company developing Deflexifol, an optimized all-in-one formulation of the chemotherapeutic agent 5-fluorouracil (5FU) and its biomodulator leucovorin (LV), announced recently that the two companies have entered into a Clinical Collaboration Agreement.

Leostream: This Company Supports Customers With Hosted Desktop Environments In A $5.5 Billion Market

By Amit Chowdhry ● Aug 4, 2023

Leostream is a company that has developed a platform that supports customers with hosted desktop environments, including VDI, hybrid cloud, and high-performance display protocols. Pulse 2.0 interviewed Leostream CEO Karen Gondoly to learn more.

CoSo Cloud: This Company Secures Managed Services For Enterprise Organizations In Over A $25 Billion Market

By Amit Chowdhry ● Aug 4, 2023

CYTRIO: Becoming A Go-To Data Privacy Rights Management Platform In Over A $1 Billion Market

By Amit Chowdhry ● Aug 4, 2023

CYTRIO is a software-as-a-service (SaaS) data privacy rights management platform that helps organizations comply with data privacy regulations such as CCPA, CPRA, VCDPA, CPA, and others. Pulse 2.0 interviewed CYTRIO founder and CEO Vijay Basani to learn more.