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BuildOps is a company that builds and sells an all-in-one operational software platform specifically designed for modern commercial contractors to manage their entire business, integrating field service management, project management, invoicing, and customer relationship management into a single cloud-based system. Pulse 2.0 interviewed BuildOps CEO Alok Chanani to gain a deeper understanding of the company. 

H.I.G. Capital, a leading global alternative investment firm that manages $70 billion in assets, has acquired the France Workwear business from Rentokil Initial.

Dentalcorp Holdings, recognized as Canada’s foremost network of dental practices and one of the fastest-growing in North America, has announced its intention to be acquired by funds linked to GTCR. This significant move is supported by key figures within the company, including its Founder, Chairman, and CEO, Graham Rosenberg, alongside President and CFO, Nate Tchaplia, and investment partner L Catterton. The acquisition is structured as an all-cash transaction, valuing Dentalcorp at approximately C$2.2 billion based on its equity and around C$3.3 billion when considering its enterprise value. 

Berkeley Partners, a private equity real estate investment manager with a concentrated focus on light industrial assets, has proudly announced the successful final closing of the Berkeley Partners Value Industrial Fund VI. This fund has secured a total of $610.5 million in equity commitments, including associated sidecar capital, which significantly exceeds its original fundraising target of $500 million. This achievement reflects strong investor confidence and the growing demand for light industrial properties.

Hughes & Company, a private equity firm with a focus on healthcare software and technology-enabled services, announced the closing of its second private equity fund, known as Hughes Growth Equity Fund II, L.P. This fund reached its hard cap of $260 million, surpassing its initial target of $200 million.

Perigon Wealth Management, an investment advisory firm with offices nationwide and approximately $9.3 billion in client assets, has announced the acquisition of Gitterman Wealth Management and Gitterman Asset Management.

Toyota Motor Corporation has recently announced the launch of a new strategic investment subsidiary called Toyota Invention Partners Co., Ltd. (TIP). This subsidiary is equipped with ¥100 billion, approximately equivalent to $670 million, to facilitate its operations. In addition to TIP, Woven Capital, which serves as Toyota’s growth-stage venture investment arm, has announced the establishment of Fund II. This new fund boasts financial backing of $800 million, equivalent to approximately ¥120 billion, matching the initial Fund I that was launched in 2021.

Global asset management firm Avenue Capital Group has announced the successful final closing of the Avenue Sports Fund, which has garnered over $1 billion in capital commitments. This substantial amount reflects strong investor confidence in the potential of the sports industry.

Verdane, an investment firm specializing in the European lower mid-market, announced the final closing of its latest fund, Verdane Freya XII, at its maximum hard cap of €2 billion. This achievement not only sets a record as the largest fund in Verdane's 22-year history but also elevates the total capital raised by the firm since its establishment to an impressive €9 billion.

Gemspring Capital Management, a leader in the middle-market private equity sector, announced the successful closing of its latest fund, Gemspring Growth Solutions II (GGS II). This new fund has achieved $1.1 billion in capital commitments. The fundraising for GGS II was completed in just three months and was oversubscribed, reaching its hard cap in its inaugural and final closing.

Nanofiber Quantum Technologies (NanoQT) is a company at the forefront of quantum computing, focusing on the innovative development of ultra-low-loss nanofiber cavity-QED (quantum electrodynamics) interconnects specifically designed for quantum processors. In a significant milestone, the company announced the successful first closing of its Series A financing round, securing $14 million in capital. The round was led by Phoenix Venture Partners (PVP) and included participation from Brevan Howard Macro Venture Fund. Additional backing came from existing investors: WASEDA University Ventures, Inc. (WUV), JAFCO Group Co., Ltd., Mirai Creation Fund III (managed by SPARX Asset Management Co., Ltd.), and Keio Innovation Initiative (KII).

Inspiren, a leader in AI-powered solutions that are redefining senior living, has announced it has raised $100 million in Series B funding. This financing round was led by global software investor Insight Partners, with participation from Avenir, Primary Venture Partners, Scale Venture Partners, Story Ventures, Third Prime, and Studio VC. With this new funding, Inspiren’s total funding now stands at $155 million.

Prelude Security, an endpoint protection platform, has recently announced an investment of $16 million. This funding round was led by Brightmind Partners and includes contributions from existing backers such as Sequoia Capital and Insight Partners. With this latest infusion of capital, Prelude’s total funding now stands at an impressive $45 million.

Sunrise Group, known as a leader in sleep health technology, has announced a funding round of $29 million dedicated to expanding Dreem Health, its innovative digital sleep clinic, to ensure its services reach all 50 states in the U.S. This funding round was led by Eurazeo, and it attracted investment from a diverse array of other participants, including Amazon's Alexa Fund, WE International, Kurma Partners, Vives Fund, Majycc (an investment fund under UI Investissement), Namur Invest, Seventure Partners, Investsud, Sambrinvest, Noshaq, IMBC, and Invest.BW. 

Hub.xyz has emerged as a programmable bandwidth network that leverages the idle internet connections of everyday users to provide real-time data streams designed for AI systems. The company recently announced the closing of a pre-seed funding round, as well as the commencement of its seed funding round, paving the way for further growth and development. 

Bonsai Health, a pioneering AI platform dedicated to automating complex healthcare workflows, has recently secured $7 million in seed funding, led by Bonfire Ventures and Wonder Ventures. Since its launch, Bonsai has positively impacted the healthcare landscape by engaging over 235,000 patients across more than 100 healthcare groups and specialty practices. The platform has scheduled over 36,000 appointments, ensuring that patients receive timely and necessary medical care, alleviating staff workload by eliminating repetitive tasks, and fostering predictable growth for healthcare practices.

Amplio, an innovative AI company dedicated to revolutionizing how enterprise manufacturers manage their surplus inventory, has recently announced it raised $11.1 million in a Series A funding round. This funding round was led by prominent investors Hitachi Ventures and Yamaha Motor Ventures, with crucial participation from existing backers such as Construct Capital, Slow Ventures, Alpaca VC, and High Alpha Capital.

Gain, a deeptech startup specializing in intelligent AI Employees for hire, has officially emerged from stealth operations and raised a $12 million seed funding round. This funding was led by The Garage, with contributions from BlueRed Partners and Bazan Group. The primary goal of this investment is to propel Gain's next phase of research and development, focusing on the launch of additional AI Employees, expanding its product teams, and enhancing overall business growth across the United States and Europe.

Expert Systems, a leading provider in drug discovery acceleration, has recently announced a Series A funding round and the launch of Mondego Bio, an innovative company focused on immuno-oncology. Mondego Bio is headquartered in Biocant Park, located in Cantanhede, Portugal, a hub that fosters biotechnology research and development. This new venture is backed by notable investment firms, including Biovance Capital, Torrey Pines Investment, and OrbiMed, all of which are recognized for their strategic investments in the life sciences.

OXCCU, a spin-out from the University of Oxford specializing in innovative carbon recycling technologies, has announced the successful completion of a £20.75 million ($28 million) Series B funding round, which was oversubscribed. This funding round attracted a diverse group of new investors, including Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC. Additionally, OXCCU continues to enjoy the support of existing investors, including Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford itself. 

Bite Stream, the flagship software platform developed by Bite Investments—an industry-leading provider of innovative technology solutions for the alternative investments sector—has made headlines by securing $25 million in strategic growth capital from NewSpring Growth. This capital comes from NewSpring Capital’s dedicated growth equity strategy, which focuses on investing in rapidly expanding technology companies poised to transform their industries.

Tie, previously known as Revenue Roll, has established itself as a player in the realm of AI-based identity solutions, specifically designed to help e-commerce brands transform their anonymous website visitors into high-value customers. Recently, the company secured a $10 million Series A funding round. This funding was led by Innovating Capital and included contributions from Stage 2 Capital, Hawke Ventures, and several influential angel investors, who feature top executives from notable companies such as Brex and Share Local Media. With this latest investment, Tie has successfully raised a total of $17 million since its inception.

Commcrete, an innovative leader in tactical satellite communication systems, has recently announced that it has secured $29 million in funding through its Seed and Series A investment rounds. The latest funding of $21 million in the Series A round was spearheaded by Greenfield Partners, with notable contributions from Redseed Ventures and existing investors.

Crystalys Therapeutics is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for gout, a condition characterized by high levels of uric acid in the blood that can lead to painful arthritis flare-ups. The company has officially announced its launch, coinciding with a successful $205 million Series A financing round. This substantial funding will focus on addressing the significant unmet medical needs faced by individuals living with gout, aiming to advance the development of effective treatments.

Alex, an innovative AI recruiting partner transforming the way companies identify and hire talent, has made headlines by announcing the successful raising of $20 million in funding. This significant investment includes a $17 million Series A round, which was led by Peak XV Partners. Notably, this round also saw substantial participation from Chief Human Resource Officers (CHROs) of Fortune 500 companies, as well as reputable firms like Y Combinator and Uncorrelated Ventures. Plus, prominent investors such as Tim Sackett, Kris Fredrickson, and Dalton Caldwell have joined in supporting Alex’s mission.

SureCo, an administrator specializing in Individual Coverage Health Reimbursement Arrangements (ICHRA), has announced the successful completion of a $23 million Series A funding round. This funding round was spearheaded by Health Velocity Capital, a notable investment firm in the healthcare sector, with additional participation from Kaiser Permanente Ventures, the venture capital arm of one of the largest integrated healthcare organizations in the United States.

Grow Therapy, a leading mental health platform that provides therapy and psychiatric care both in-person and online, has acquired Neosync, a company known for its expertise in data privacy and security. This deal marks a significant step forward in enhancing Grow's already robust privacy protections and advancing its anonymization technology, which is essential in today's digital landscape. With the integration of Neosync's knowledge and capabilities, Grow aims to set a new standard for safety-first analytics in mental health services.

EdSights, renowned as the first AI-powered platform dedicated to amplifying student voices, recently announced an $80 million strategic growth investment from JMI Equity.

Praxis Solutions has announced a significant expansion through the strategic acquisition of WEALTHAWK, an AI technology platform designed to identify money-in-motion events. This innovative platform enables financial professionals to connect with clients precisely when they need expert financial guidance the most, enhancing the service they provide.

Axon Therapies, a pioneering company in the medical device field, has announced the closure of an oversubscribed $32 million Series A funding round, focused on developing innovative treatments for heart failure. This funding round was co-led by two prominent new investors, Earlybird Venture Capital and Santé Ventures, and saw contributions from existing investor Deerfield Management, as well as fresh investments from CD Capital and KOFA Healthcare.