Archives

Plymouth Growth: Fifth Fund Closed At $125 Million In Committed Capital

By Amit Chowdhry ● May 30, 2023

Plymouth Growth, a leading Ann Arbor, MI-based growth equity firm, announced the successful closing of Plymouth Growth V, LP, with about $125 million in committed capital.

Insight Partners: $1.3 Billion Committed For Continuation Fund II

By Amit Chowdhry ● May 30, 2023

Insight Partners recently announced the closing of its Continuation Fund II with HarbourVest Partners and Lexington Partners leading a group of limited partners investing in the fund. The deal closed with total commitments of approximately $1.3 billion.

Lifeforce: $12 Million Raised For Health Optimization Platform

By Amit Chowdhry ● May 30, 2023

Lifeforce - which is the first comprehensive and clinically integrated health optimization platform - announced the closing of its $12 million Series A funding round co-led by M13 and Peterson Ventures.

Lumeus.ai Lands $6 Million In Seed Funding For Visibility-First Zero Trust Networking Platform

By Annie Baker ● May 30, 2023

Lumeus.ai - a visibility-first Zero Trust networking platform - announced its launch with $6 million in seed funding led by Tola Capital with participation from pre-seed investors Emergent Ventures and First Rays Ventures.

Num Finance: Latin American Stablecoin Issuer Lands $1.5 Million In Pre-Seed Funding

By Noah Long ● May 27, 2023

Num Finance - a premier issuer of local stablecoins in Latin America - announced it has raised $1.5 million following the closure of its pre-seed funding round led by Reserve. The investors in the round also included H20 Scouter Fund, VC3, Ripio Ventures, and Matias Woloski, the CTO of Auth0.

Plenty: $2.75 Million Raised For Modernizing Wealth Building For Couples

By Annie Baker ● May 27, 2023

Plenty - a financial platform that helps couples discuss, manage, and invest money together - recently announced its $2.75 million pre-seed capital raise to provide more accessible wealth-building opportunities that meet the needs of dual relationships.

Emirates Launches $200 Million Aviation Sustainability Fund

By Noah Long ● May 27, 2023

Emirates - the world’s largest international airline - announced recently it has committed $200 million to fund research and development (R&D) projects focussed on reducing the impact of fossil fuels in commercial aviation.

Nue.io Receives $9 Million Seed Extension To Automate New Pricing And Models

By Dan Anderson ● May 27, 2023

Nue.io - a leading quote-to-revenue platform - announced that it has raised $9 million in seed extension funding to expand its product offerings and accelerate growth. This funding round was co-led by Bluefish Ventures and Penny Jar Capital with participation from NJP Ventures and Operator Stack and existing investors Information Venture Partners and NextWorld Capital.

Catalyst Funds: $150 Million In Commitments Closed For Catalyst IV

By Annie Baker ● May 27, 2023

Catalyst Funds has announced the closing of its fourth fund Catalyst IV - which will manage assets of $150 million. Catalyst Funds now have a total of $450 million in managed assets.

MCF Energy: This Company Is Focused On Developing A Cleaner, Cheaper, And More Secure Natural Gas Industry

By Amit Chowdhry ● May 27, 2023

MCF Energy is a public company that was formed last year by leading energy executives to strengthen Europe's energy security through responsible exploration and development of natural gas resources within the region. To learn more about the company, Pulse 2.0 interviewed MCF Energy CEO James Hill.

Stratasys And Desktop Metal Combining In $1.8 Billion In All-Stock Deal: Details

By Amit Chowdhry ● May 27, 2023

Stratasys Ltd. and Desktop Metal announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. And the deal unites the polymer strengths of Stratasys with the complementary industrial mass production leadership of Desktop Metal’s brands, creating an additive manufacturing company that is expected to be well-positioned to serve the evolving needs of customers in manufacturing.

Why Chevron Is Buying PDC Energy For $6.3 Billion

By Dan Anderson ● May 27, 2023

Chevron Corporation announced that it has entered into a definitive agreement with PDC Energy to acquire all of the outstanding shares of PDC in an all-stock transaction valued at $6.3 billion, or $72 per share. And based on Chevron’s closing price on May 19, 2023, and under the terms of the agreement, PDC shareholders will receive 0.4638 shares of Chevron for each PDC share. The total enterprise value, including debt, of the transaction is $7.6 billion.

Google Opens Up Access To Search Labs

By Annie Baker ● May 27, 2023

Google announced this past week that it is starting to open up access to Search Labs, which is a new program for accessing early experiments from the search giant.

Eracent: This Company Helps Customers Manage IT Network Assets And Cybersecurity

By Amit Chowdhry ● May 26, 2023

Eracent is a company that helps its customers meet the challenges of managing IT network assets, software licenses, and cybersecurity. To learn more about the company, Pulse 2.0 interviewed Eracent founder and executive chairman Walt Szablowski.

Tesla Superchargers To Support Ford Electric Vehicles Starting In Early 2024

By Amit Chowdhry ● May 26, 2023

Tesla CEO Elon Musk and Ford CEO Jim Farley announced that started early next year, over 12,000 Superchargers will support Ford’s electric vehicles.

Neuralink Receives FDA Approval For Human Brain Implant Study

By Amit Chowdhry ● May 26, 2023

Neuralink has announced that the U.S. Food and Drug Administration (FDA) has approved its first-in-human clinical trial.

JPMorgan Chase Developing AI Service For Investment Advice, Says Report

By Amit Chowdhry ● May 26, 2023

JPMorgan Chase is reportedly building a software service that operates similar to the way ChatGPT works, which would utilize artificial intelligence to suggest investments for customers according to sources with CNBC.

Integrated Projects: Building Designer Digitization Services Company Secures $3 Million

By Annie Baker ● May 26, 2023

Integrated Projects - a leading provider of digitization services for building owners and design professionals - announced it has closed $3 million in seed funding. And the funding will be used to expand the current digitization capacity of its Integrated Projects Exchange (IPX) platform from 6 to 60 buildings a day.

Lavita AI: AI+Web3 Healthcare Platform Company Receives $5 Million In Seed Funding

By Noah Long ● May 26, 2023

Lavita AI - a next-generation AI+Web3 healthcare platform - announced it has closed a $5 million seed funding round led by Camford Capital and angel investors from blockchain and AI industries.

Cloverly: Climate Action Platform Company Lands $19 Million In Funding

By Annie Baker ● May 26, 2023

Cloverly - a technology-powered climate action platform - announced recently that it has raised a $19 million Series A funding round. This funding round was led by Grotech Ventures and joined by other leading firms including Aquiline Technology Growth, Impact Engine, Mission One Capital, New Climate Ventures, and CreativeCo Capital, and supported by existing investors including Tech Square Ventures, SoftBank Opportunity Fund, Circadian Ventures, Knoll Ventures, SaaS Ventures, and Panoramic Ventures.

Amino Health: Digital Healthcare Guidance Company Secures $80 Million In Funding

By Dan Anderson ● May 26, 2023

Amino Health - a leading digital healthcare guidance company - announced $80 million in both equity and debt financing led by Transformation Capital and Oxford Finance LLC, respectively.

Wellthy: Care Concierge Platform Closes $25.5 Million In Funding

By Noah Long ● May 26, 2023

Wellthy - a leading care concierge platform covering 2 million lives with expert personal and digital support - announced that it has raised an additional $25.5 million in funding to support the company’s continued growth and work to drive solutions to today’s care crisis.

Modern Hydrogen Inks $32.8 Million In Funding To Decarbonize Natural Gas Into Clean Hydrogen

By Annie Baker ● May 26, 2023

Modern Hydrogen recently announced an oversubscribed $32.8 million Series B-2 funding round led by NextEra Energy with strategic investors & partners Miura and National Grid Partners also participating. And existing investors Gates Frontier, IRONGREY, Starlight Ventures, Valo Ventures, and Metaplanet continued their participation and expanded their investments as part of the funding round.

AMP Robotics Closes $99 Million To Build Systems That Can Sort Recyclable Materials

By Dan Anderson ● May 26, 2023

AMP Robotics - a pioneer in artificial intelligence (AI), robotics, and infrastructure for the waste and recycling industry - announced it has received financing from Microsoft’s Climate Innovation Fund. This latest funding round brings AMP’s Series C round, led by Congruent Ventures and Wellington Management to a total of over $99 million.

WEVO: This User Research Platform Is Making A Major Impact In A $70 Billion Market

By Amit Chowdhry ● May 26, 2023

WEVO is known as a next-gen user research platform that enables teams to effortlessly uncover customer insights. To learn more about the company Pulse 2.0 interviewed WEVO co-founder and CEO Nitzan Shaer.

Kyros: How This Company Is Helping Many People Who Suffer From Substance Use Disorder

By Amit Chowdhry ● May 26, 2023

Kyros - a digital platform company for recovery services - is addressing the issue of over 40 million Americans being impacted by Substance Use Disorder every year. To learn more about the company, Pulse 2.0 interviewed founder and CEO Daniel Larson.

SecureAuth: How This Authentication And Access Management Company Is Addressing a $25+ Billion Market

By Amit Chowdhry ● May 26, 2023

SecureAuth is a company that is known as a leader in authentication and access management. To learn more about the company, Pulse 2.0 interviewed SecureAuth CEO Paul Trulove.

Jia: $4.3 Million Closed To Turn Global Liquidity Into Working Capital For Businesses

By Amit Chowdhry ● May 25, 2023

Jia announced $4.3 million in equity funding with an additional $1 million committed for on-chain liquidity through a partnership with Huma Finance.

Mizuho Buying M&A Advisory Firm Greenhill: Details

By Amit Chowdhry ● May 25, 2023

Mizuho Financial Group and Greenhill & Co. announced recently a definitive agreement for Mizuho to acquire Greenhill in an all-cash transaction at $15 per share, reflecting an enterprise value of approximately $550 million, including assumed debt.

Lilly’s Social Impact Venture Capital Portfolio Grows To Over $300 Million

By Annie Baker ● May 25, 2023

Eli Lilly and Company recently allocated an additional $50 million to its now $300 million Social Impact Venture Capital Portfolio, which reflects the company's commitment to going beyond the medicines it makes to have a positive impact on patients and society through for-profit investments.