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Motiv Power Systems: This Company Builds Sophisticated Medium-Duty Box Trucks In Over A $450 Billion Market

By Amit Chowdhry ● Aug 1, 2023

Motiv Power Systems is a company that makes all-electric medium-duty box trucks, step vans, shuttle and school buses, specialty vehicles, trolleys, work trucks and even offers charging station support. To learn more, Pulse 2.0 interviewed Motiv Power Systems founder and chief technology officer (CTO) Jim Castelaz.

Capstack: Bank Operating System Company Raises $6 Million

By Annie Baker ● Aug 1, 2023

CapStack - the first integrated operating system for banks - announced it has emerged from stealth backed by $6 million in pre-seed funding. This funding round was oversubscribed and led by Fin Capital with participation from Alloy Labs, Rex Salisbury’s Cambrian Ventures, Cowboy Ventures, Future Perfect Ventures, Gaingels, Selah Ventures, Uncorrelated Ventures, and Valor Equity Partners.

Revolear: AI Digital Deal Platform Company Banks $6 Million In Funding

By Dan Anderson ● Aug 1, 2023

Revolear, an artificial intelligence (AI) powered digital deal platform that connects buyers and sellers in the cloud recently launched, combining the capabilities to structure, propose, negotiate and approve a deal on a shared source of data. And the enterprise SaaS platform is the brainchild of former Salesforce, Vlocity, and Siebel execs with three decades of experience in negotiating business deals and developing configurable enterprise software.

Hello Pediatrics: $3 Million Series B Round Completed To Advance After-Hours Telehealth Services

By Annie Baker ● Aug 1, 2023

Hello Pediatrics - a leading provider of comprehensive, after-hours telehealth services led by a team of board-certified pediatricians - recently announced it has completed a series B round of funding.

Embrace: $20 Million Secured To Help Engineers Build Better Mobile Experiences

By Noah Long ● Aug 1, 2023

Embrace - a solution to help engineers build better mobile experiences - recently announced it is sharing its continued success in driving mobile transformation alongside announcing an up round of $20 million in growth financing. The inside funding round, a show of support from all prior lead investors, was led by NEA with participation from Greycroft, AV8 (Allianz), and Eniac.

HawkEye 360: Defense Technology Company For Space-Based Radio Frequency Brings In $58 Million In Funding

By Noah Long ● Aug 1, 2023

HawkEye 360 - the leading defense technology company for space-based radio frequency (RF) data and analytics - announced it had closed $58 million in new funding. And the funding will be used to develop new space systems and expand analytics that support high-value defense missions.

Efficient Capital Labs: $7 Million Raised To Invest In South Asia-U.S. Corridor Companies

By Dan Anderson ● Aug 1, 2023

Efficient Capital Labs (ECL), a fintech company that provides non-dilutive capital to B2B SaaS companies operating in the South Asia-U.S. corridor, recently announced a $7 million Pre-Series A raise led by QED Investors with participation from existing investors including 645 Ventures, The Fund, Lorimer Ventures, Riverside Ventures, and Generalist coming in as a new investor alongside QED.

Trebellar: $3.5 Million Secured To Workplace, Facilities Operations, And Real Estate Teams Make Faster Decisions

By Annie Baker ● Aug 1, 2023

Trebellar - a company founded by software engineering veterans with extensive experience at Google, Salesforce, Waymo, and CERN - recently announced the successful completion of its seed funding round. The company has secured $3.5 million in investments from leading venture capital firms, including Haystack, Altcapital, KFund, and Jetstream.

Distributed Ventures: Early Stage VC Firm Closes $100 Million In Commitments

By Amit Chowdhry ● Aug 1, 2023

Early-stage venture capital firm Distributed Ventures recently announced the close of the company’s first fund under the Distributed Ventures banner. The fund closed $100 million in total commitments, the company’s largest to date, from an exceptional range of investors, including strategic limited partners - including insurance carriers, insurance brokerages, current and former insurance executives, and private family offices. The fund will focus on early-stage venture investments spanning insurtech, healthtech, and fintech verticals.

Veev: This Company Is Building Single-Family Homes At Scale With A Focus On Better Materials

By Amit Chowdhry ● Aug 1, 2023

Veev is a building technology company focused on developing single-family homes. Pulse 2.0 interviewed Veev co-founder and chief revenue officer Dafna Akiva to learn more.

Nile: Next-Generation Enterprise Company Secures $175 Million

By Amit Chowdhry ● Aug 1, 2023

Nile - a leader in next-generation enterprise networks - announced a $175 million Series C investment round co-led by March Capital and Sanabil Investments with strategic participation from solutions by stc, Prosperity7, and Liberty Global Ventures, and contributions from 8VC, Geodesic Capital, FirstU Capital, and Valor Equity Partners. Nile's recent raise brings its total funding to $300 million.

Finicast: Enterprise Collaborative Planning Platform Secures $12.8 Million In Seed Funding

By Amit Chowdhry ● Aug 1, 2023

Finicast - a modern SaaS enterprise collaborative planning platform that enables teams to work together as they model, plan, forecast, and track performance - recently announced today that it has raised $12.8M in seed funding, led by Celesta Capital. This will be instrumental in furthering the company's collaborative planning platform and go-to-market strategy.

Ansys Expanding AI Offerings With New Virtual Assistant

By Amit Chowdhry ● Aug 1, 2023

Ansys recently announced the limited beta release of AnsysGPT, a multilingual, conversational AI virtual assistant set to revolutionize the way Ansys customers receive support. Developed with state-of-the-art ChatGPT technology available via the Microsoft Azure OpenAI Service, AnsysGPT uses well-sourced Ansys public data to answer technical questions concerning Ansys products, relevant physics, and engineering topics within one comprehensive tool.

MSPbots: $5 Million Secured To Build Intelligence Solutions For Automating Tasks

By Amit Chowdhry ● Aug 1, 2023

Micah Solomon On Customer Service Excellence

By Amit Chowdhry ● Aug 1, 2023

Micah Solomon is a customer service consultant, bestselling author, trainer and eLearning producer, and keynote speaker. Many companies turned to Solomon for improving customer service, company culture, customer experience, innovation, entrepreneurship, and intrapreneurship. Pulse 2.0 interviewed Micah Solomon about his book Ignore Your Customers And They’ll Go Away to learn more.

Valhalla Ventures: $66 Million Fund I Debuts

By Amit Chowdhry ● Jul 31, 2023

Valhalla Ventures - an early-stage venture capital firm - recently announced its debut $66 million flagship fund to invest in audacious innovators challenging the status quo across deeptech and gaming. And the firm is committed to supporting entrepreneurs who are unafraid to question consensus views and push the boundaries of science and engineering.

Sheridan Capital Partners: Fund III Closed At Hard Cap Of $575 Million

By Amit Chowdhry ● Jul 31, 2023

Sheridan recently announced the successful closing of Sheridan Capital Partners Fund III, L.P. at the hard cap with $575 million of total capital commitments.

NTSCOM Broadens Global International Calling Plans To Over 50 Countries

By Amit Chowdhry ● Jul 31, 2023

NTSCOM announced that it has chosen to provide Universal Calling Plans from NTT Ltd., a leading IT infrastructure and services company, to over 50 countries globally. This will expand the ability of NTSCOM to meet the growing demand for UCaaS calling plans worldwide while also allowing access to these plans to the rapidly growing iPILOT Value Added Reseller and Agent markets.

Collaborative Robotics Closes $30 Million And Launches Flywheel Program

By Annie Baker ● Jul 31, 2023

Collaborative Robotics - a leader in practical collaborative robots (cobots) - recently announced it raised $30 million in Series A funding led by new anchor investor, Sequoia Capital, bringing the total amount raised to over $40 million. The funding will enable Collaborative Robotics to begin scaling early field deployments and manufacturing of its novel cobot.

InvGate: Enterprise Service And IT Management Company Raises $35 Million

By Noah Long ● Jul 31, 2023

InvGate - a SaaS platform with global operations at the intersection of Enterprise Service Management (ESM), IT Service Management (ITSM), and IT Asset Management (ITAM) - recently announced it had raised a $35 million growth round led by Riverwood Capital, a leading global investor in high-growth technology companies, with participation from Endeavor Catalyst.

Smartlens: Ophthalmic Technology Company Raises $6.1 Million

By Annie Baker ● Jul 31, 2023

Smartlens - a clinical-stage ophthalmic technology company - announced has closed an oversubscribed $6.1 million Series A equity financing round to advance regulatory clearance for miLens, a novel, electronics-free, soft contact lens for monitoring diurnal intraocular pressure (IOP).

Antares Capital: $6 Billion Senior Loan Fund II Closed

By Noah Long ● Jul 31, 2023

Antares Capital recently announced the closing of its second Senior Loan Fund with approximately $6 billion of asset purchasing power across all Fund-related vehicles, including a dedicated co-investment vehicle.

Cordillera: $443 Million Raised For Fund III

By Amit Chowdhry ● Jul 31, 2023

Cordillera Investment Partners, L.P. - an investment management firm exclusively investing in niche, non-correlated assets - recently announced it has completed fundraising for Cordillera Investment Fund III, L.P., with $443 million of commitments from institutional allocators.

Audax Private Equity: $7.8 Billion Closed For Flagship Fund And Origins Fund I

By Amit Chowdhry ● Jul 31, 2023

Audax Private Equity - a leading alternative investment manager and capital partner for North American middle market companies, successfully closed two new funds: Audax Private Equity Fund VII and Audax Private Equity Origins Fund I. Both funds had exceeded their respective fundraising targets. And Origins closed on $774 million in commitments, while Audax’s flagship vehicle, Audax Private Equity Fund VII, hit its hard cap of $5.25 billion in commitments.

May River Capital: $500 Million In Commitments Raised

By Annie Baker ● Jul 31, 2023

May River Capital LLC - a Chicago-based private equity investment firm - recently raised its third fund May River Capital Fund III, LP. Fund III closed on its hard cap of $500 million in limited partner commitments, exceeding the Fund's original target size.

Modi Ventures: Tech+Bio Fund I Launched With $32 Million

By Amit Chowdhry ● Jul 31, 2023

Modi Ventures - a newly launched venture partnership investing in fund managers and founders building companies shaping the future of humanity - recently announced the close of its inaugural $32 million fund, Tech+Bio Fund I. This new fund will target innovative companies transforming business in Tech Bio, life science, and healthcare AI.

Welsh, Carson, Anderson & Stowe: Over $5 Billion Raised For Largest Private Equity Fund To Date

By Amit Chowdhry ● Jul 31, 2023

Welsh, Carson, Anderson & Stowe (WCAS) - a leading private equity firm focused exclusively on the healthcare and technology industries - recently announced that it has completed fundraising for WCAS XIV, L.P. (WCAS XIV). The fund closed at over $5 billion of total capital, above its target and the Firm's prior fund, WCAS XIII, L.P., which closed at $4 billion.

Allonnia: Bio-Ingenuity Company Brings In $30 Million In Funding

By Noah Long ● Jul 31, 2023

Allonnia - the bio-ingenuity company dedicated to extracting value where others see waste - announced that it had raised $30 million in new capital led by Bison Ventures, with participation from IRONGREY, BHP Ventures, Vale Ventures, Wholestack LP and PPNG along with existing investors Battelle, General Atlantic, and Viking Global Investors. This brings Allonnia’s total funding to date to $90 million.

Trunk Tools: Construction Fintech Startup Raises $9.9 Million In Seed Funding

By Dan Anderson ● Jul 31, 2023

Trunk Tools - a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster - recently announced its launch out of stealth with $9.9 million in seed funding. And the oversubscribed round was led by Innovation Endeavors, with participation from Fifth Wall, Foundation Capital and several others.

Eureka Health: $7 Million Closed For Patient-Led Platform

By Annie Baker ● Jul 31, 2023

Eureka Health announced that it had raised $7 million in funding. And the seed round was led by Khosla Ventures.