Archives

Marqeta Buying BIN Sponsorship Company TransactPay

By Amit Chowdhry ● Feb 27, 2025

Marqeta, a global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, announced that they have entered into an agreement under which Marqeta will acquire TransactPay. This deal will strengthen Marqeta’s card program management capabilities in the UK and Europe.

RMH Systems: Investment Raised From Rotunda Capital Partners

By Amit Chowdhry ● Feb 27, 2025

Rotunda Capital Partners announced it has invested in RMH Systems, a material handling, packaging, and automation solutions provider. The partnership—formed in collaboration with the Howard family and existing leadership—positions RMH for accelerated growth and expanded market reach.

IonQ To Buy Geneva-Based ID Quantique

By Amit Chowdhry ● Feb 27, 2025

IonQ announced that it has reached a definitive agreement with each of SK Telecom and ID Quantique (IDQ), a leader in quantum safe networking and sensing headquartered in Geneva, Switzerland with offices in Seoul (South Korea), Vienna (Austria), and Boston (USA), to acquire a controlling stake in IDQ. Along with the deal, IonQ expects to enter into a strategic partnership focused on quantum with SK Telecom, the largest wireless telecommunications operator in South Korea.

QuEra Computing: Over $230 Million Raised For Neural-Atom Quantum Computing Platform

By Amit Chowdhry ● Feb 27, 2025

QuEra Computing, a leader in neutral-atom quantum computing, announced it completed a financing of over $230 million. The funding will be used to accelerate the development and production of large-scale and fault-tolerant quantum computers, reinforcing the company’s position at the forefront of quantum innovation.

Swirepay: All-In-One Payment Orchestration Company Raises $3.4 Million (Seed)

By Amit Chowdhry ● Feb 27, 2025

Swirepay announced the closing of its second round of seed funding of $3.4 million, bringing the total amount raised to $5 million. Following a Seed One funding round - which was led by ICICI Bank and Advantage Partners - this second round of funding was led by The Indus Entrepreneurs (TiE) Angels groups based in Silicon Valley, Boston, and Southern California, with additional participation from Aum Ventures, QPaymentZ, Nivesha Ventures, Nurture Growth Fund, and prominent angel investors.

High Definition Vehicle Insurance: $40 Million Fundraise Completed

By Amit Chowdhry ● Feb 27, 2025

High Definition Vehicle Insurance (HDVI), a technology-driven commercial auto insurance provider, announced it has secured $40 million in growth capital, bringing its total funding to over $87 million. The funding round was co-led by existing investors 8VC, Autotech Ventures, Munich Re Ventures, and Weatherford Capital.

71/70 Angels: Ohio Angel Network Launches First Fund

By Amit Chowdhry ● Feb 27, 2025

71/70 Angels, the Ohio angel fund that invests in enterprise software and advanced technology startups nationwide, announced the launch of its first fund to fuel seed-stage startups and close critical funding gaps for high-growth companies.

Gripp: $1.5 Million (Pre-Seed) Raised For Modernizing Agricultural Operations Management

By Amit Chowdhry ● Feb 27, 2025

Gripp, a mobile-first platform revolutionizing agricultural operations management, announced it has raised $1.5 million in pre-seed round funding. Ag Ventures Alliance led the round, which included Two Ravens, Infinity Holding Ventures, C2 Ventures, Tundra Angels, Countryside Angels, DMM Holdings, and Glen Haven Farms.

ServiceNow Buying Quality 360 From Advania

By Amit Chowdhry ● Feb 27, 2025

ServiceNow, an AI-based platform for business transformation, announced the acquisition of the Quality 360 solution from Advania to enhance its strength in the manufacturing industry. Built on ServiceNow, Quality 360 will advance quality management functionality within the ServiceNow Manufacturing Commercial Operations (MCO) solution and enable manufacturers with proactive and data-driven insights to address end-to-end quality issues, helping minimize operational costs and reputational risks.

Macquarie Asset Management: Majority Stake In DynaGrid Acquired

By Amit Chowdhry ● Feb 27, 2025

Macquarie Asset Management announced it has acquired a majority stake in DynaGrid Holdings, one of the largest US utility service providers focused on maintaining, upgrading, and building transmission and substation infrastructure. DynaGrid is headquartered in Dallas and primarily operates across the Sunbelt and the Midwest.

Rise Growth Partners Buys Minority Stake In Grimes & Company

By Amit Chowdhry ● Feb 27, 2025

Rise Growth Partners, a wealth management firm for growth-oriented registered investment advisors (RIAs), announced its second strategic minority investment, backing Grimes & Company.

Menlo Security Buying Votiro For AI-Based Data Security To Enterprises

By Amit Chowdhry ● Feb 27, 2025

Menlo Security, an industry leader of Secure Enterprise Browsers, announced the acquisition of Votiro, a data and file security platform that specializes in advanced Content Disarm & Reconstruction (CDR) and data loss prevention. And Menlo Security and Votiro will enable enterprises to quickly and easily implement data security best practices without slowing employee and business productivity.

Keychain: $1 Billion In Projects Per Month And $5 Million In Funding

By Amit Chowdhry ● Feb 27, 2025

Keychain, an AI-based manufacturing platform transforming the consumer packaged goods (CPG) industry, announced an additional $5 million investment led by Bright Pixel Capital, the VC arm of the European retail conglomerate Sonae. This funding comes as Keychain takes its core search and discovery product out of beta and introduces new platform capabilities.

Mitratech: Interview With Executive Director of GRC Solutions Alastair Parr About The Global Tech Partner Company

By Amit Chowdhry ● Feb 27, 2025

Mitratech is a global technology partner that empowers corporate legal, risk and compliance, and HR professionals to maximize productivity, control expenses, and mitigate risk by deepening operational alignment and increasing collaboration and visibility across their organizations. Pulse 2.0 interviewed Alastair Parr, Mitratech’s Executive Director of GRC Solutions, to learn more about the company.

Macquarie Asset Management: Acquisition Of Remaining Stake In Galehead

By Amit Chowdhry ● Feb 27, 2025

Macquarie Asset Management (MAM), Galehead Founders (GDF), Galehead Development, and Treaty Oak Clean Energy announced that MAM will acquire from GDF the remaining controlling interests in Galehead via funds managed by MAM. This investment will enable Galehead to become a subsidiary of Treaty Oak, a leading US independent power producer (IPP) owned by MAM-managed funds.

Behavox Buying Mosaic Smart Data To Transform Corporate Data Into Insights

By Amit Chowdhry ● Feb 27, 2025

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced the acquisition of Mosaic Smart Data, a tech company enabling financial institutions to extract actionable intelligence from their transaction data.

CHG Healthcare: Acquisition Of Career Management Platform CareerMD

By Amit Chowdhry ● Feb 27, 2025

CHG Healthcare, a leading staffing agency specializing in physician recruitment, announced it has acquired CareerMD, a career management platform offering both digital and live events to help clinicians find their first job out of training.

Digit: $2.5 Million (Seed) Raised For Transforming The Manufacturing ERP Market

By Amit Chowdhry ● Feb 27, 2025

Digit, a B2B SaaS company creating a next-generation cloud inventory and manufacturing platform for small and mid-sized manufacturers, announced the closing of a $2.5 million oversubscribed seed round. Assembly Ventures led the funding round, which also included Hyde Park Angels (HPA) and Grand Ventures.

DoubleVerify To Buy Rockerbox In $85 Million Deal

By Amit Chowdhry ● Feb 27, 2025

DoubleVerify - a leading software platform for digital media measurement, data, and analytics - announced that it has entered into an agreement to acquire Rockerbox, a leader in marketing attribution. Rockerbox’s unified marketing measurement platform provides actionable insights powered by Multi-Touch Attribution (MTA), Marketing Mix Modeling (MMM), and Incrementality Testing solutions. The acquisition of Rockerbox is a cash transaction valued at $85 million.

Incept AI: $3 Million (Pre-Seed) Secured For Bringing Voice AI To The Real World

By Amit Chowdhry ● Feb 27, 2025

Incept AI, a company bringing voice AI to the real world—starting with noisy restaurant drive-thru and phone orders—today announced a $3 million pre-seed round led by Rally Ventures, with participation from 10VC.

SkyWater To Buy Infineon’s Austin Fab

By Amit Chowdhry ● Feb 27, 2025

SkyWater Technology has agreed with Infineon Technologies for SkyWater to purchase Infineon’s 200 mm fab in Austin, Texas (Fab 25) and a corresponding long-term supply agreement. And SkyWater will operate the fab as a foundry, increasing available capacity in the U.S. for foundational chips on nodes from 130 to 65 nanometers, which is critical for many industrial, automotive, and defense applications.

Turing: $14 Million Raised For AI-Based Water Management Solutions Company

By Amit Chowdhry ● Feb 27, 2025

Turing, a leader in AI-based water management solutions, announced the successful completion of a $14 million funding round led by Safar Partners. This funding will advance Turing’s global expansion and enhance its flagship AI-based platforms TOP Clear — which provides end-to-end digital solutions for the utility sector, from water and wastewater treatment to networks and SmartOps AI (its exclusive water management platform for industrial treatment).

HouseWhisper: $6.7 Million (Seed) Raised For AI-Based Real Estate Agent Assistant

By Amit Chowdhry ● Feb 27, 2025

HouseWhisper, an AI-based assistant transforming how real estate professionals manage their workflow, announced its official launch and raised a $6.7 million seed round led by Mayfield, with participation from PSL Ventures and 75 and Sunny Ventures.

Adaptive Insurance: $5 Million Raised For Climate Resiliency Platform

By Amit Chowdhry ● Feb 27, 2025

Adaptive Insurance - a Texas-based climate resiliency company harnessing advanced AI and climate data to redefine climate based parametric insurance - announced it has successfully closed a $5 million seed funding round. Led by Congruent Ventures, with additional investments from Montauk Climate, Generation Space (US arm of Seraphim Space), and private funders, the funding will advance the nationwide rollout of Adaptive Insurance's innovative parametric insurance products, starting with its flagship product GridProtect.

SmartSuite: $38 Million Raised For Work Management Platform

By Amit Chowdhry ● Feb 27, 2025

SmartSuite, a next-generation work management platform, announced a major global expansion driven by $38 million in funding. The latest funding includes a new $13 million Series A round led by Canapi Ventures, with participation from Sorenson Capital and High Alpha.

Flywire Buying Sertifi In $330 Million Deal For Accelerating Travel Business Platform

By Amit Chowdhry ● Feb 27, 2025

Flywire, a global payments enablement and software company, has acquired Sertifi, a vertical software and payments platform digitizing hospitality-specific workflows and associated payments.

Whistle Express Signs Deal To Buy Take 5 Car Wash

By Amit Chowdhry ● Feb 27, 2025

Whistle Express, a leading brand in the rapidly evolving car wash industry, announced it has signed a definitive agreement to acquire Take 5 Car Wash from Driven Brands. Upon closing of the deal, which is subject to customary closing conditions, the combined entity will operate 530 locations across 23 states, making it the largest express car wash company in the US.

LongRange Capital To Buy US Synthetic from ChampionX

By Amit Chowdhry ● Feb 27, 2025

LongRange Capital - a private equity firm with a longer-term and customer-centric orientation to building and growing middle market businesses - announced that it has entered into a definitive agreement to acquire all of the equity interests in US Synthetic Corporation from ChampionX.

Thermo Fisher Scientific: $4.1 Billion Deal For Solventum’s Purification And Filtration Business

By Amit Chowdhry ● Feb 27, 2025

Thermo Fisher Scientific, a world leader in serving science, announced that the company has entered into a definitive agreement with Solventum to acquire Solventum’s Purification & Filtration business for about $4.1 billion in cash.

Validose: $2 Million (Pre-Seed) Raised For Clinical Trial Medication Adherence Platform

By Amit Chowdhry ● Feb 27, 2025

Validose, a 10XBeta Venture Studio portfolio company pioneering precision medication delivery, announced recently the closing of a $2 million pre-seed funding round. The funding round was led by Peter Bauer’s Family Office as part of its Technology for Humanity strategy, 10XBeta, and Interstate Fusion Ventures; several angel investors participated.