Archives

Meadow Partners: $530 Million Raised For Sixth Flagship Fund

By Amit Chowdhry ● Jul 10, 2024

Meadow Partners, an institutional middle-market real estate private equity investor, announced that the firm raised $530 million of new capital commitments for its sixth flagship fund Meadow Real Estate Fund VI LP and dedicated co-investment vehicles.

Micruity: Financial Tech Infrastructure Company Raises $5 Million

By Amit Chowdhry ● Jul 10, 2024

Micruity announced that it closed $5 million in funding to expand support for accumulation annuities and non-guaranteed income products on the Micruity platform.

SnapCare: How This AI-Enabled Healthcare Workforce Marketplace Is Transforming A $40+ Billion Market

By Amit Chowdhry ● Jul 10, 2024

SnapCare is an AI-enabled workforce marketplace serving the whole continuum of care. Pulse 2.0 interviewed SnapCare co-founder and Chief Operations Officer (COO) Jeff Richards to learn more about the company.

Incognia: The Story Behind This Innovative User Verification And Authentication Company

By Amit Chowdhry ● Jul 10, 2024

Incognia is the innovator of next-generation identity solutions that enable secure and seamless digital experiences. Pulse 2.0 interviewed Incognia co-founder and CEO André Ferraz to learn more about the company.

Americana Partners Expands Into LatAm Market

By Amit Chowdhry ● Jul 10, 2024

Americana Partners, an independent registered investment advisor (RIA) with $7+ billion in assets under management, announced its expansion into the Latin American market with the launch of Americana Partners International, dedicated to providing family office services to ultra-high net-worth individuals in the region.

LunchTable: Brand Amplification Platform Company Secures $2.4 Million

By Amit Chowdhry ● Jul 9, 2024

LunchTable (formerly Inphlu), a leading brand amplification platform, announced it has raised a $2.4 million seed financing round led by JumpStart Ventures, with participation from Cintrifuse Capital, Black Tech Nation Ventures, South Loop Ventures, Kobol.fund and angel investors.

Connexa Capital Reveals Debut Venture Capital Fund

By Amit Chowdhry ● Jul 9, 2024

Connexa Capital, a Miami-based VC firm, announced the final closing of its debut venture capital fund, Connexa Capital Fund I, L.P., with over $20 million in commitments, exceeding its initial target.

Rainforest: Payment Provider Company Secures $20 Million In Series A

By Amit Chowdhry ● Jul 9, 2024

Rainforest, a payment provider purpose-built for software platforms, announced it had raised an oversubscribed $20 million Series A funding round led by Matrix Partners. And additional participating investors include Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of which joined in the company’s seed round announced last year. Matt Brown of Matrix is joining Rainforest’s board in connection with the funding.

TPG Sets Up Talent Management And Representation Company

By Amit Chowdhry ● Jul 9, 2024

Leading global alternative asset management firm TPG announced the formation of a new company that will acquire, invest behind, and build a diversified global business centered on talent management, representation, and adjacent verticals. Michel Pratte (former President of Boat Rocker Media) has been named CEO of the newly established company and Eric Taitz (former EVP of Corporate Development and Strategy at Boat Rocker) will serve as the company’s Chief Operating Officer.

CData Software: Data Connectivity Platform Company Raises $350 Million In Growth Capital

By Amit Chowdhry ● Jul 9, 2024

CData Software, a leading provider of data connectivity solutions, announced that it received about $350 million in growth capital from Warburg Pincus, a leading global growth investor, with participation from Accel. This funding round will enable CData to accelerate its investments in building advanced data integration solutions for customers. Updata Partners, the only investor in CData’s Series A in 2020 and Series B in 2021, will remain a significant investor.

CipherHealth: Funding Raised From Atalaya Capital Management

By Amit Chowdhry ● Jul 9, 2024

CipherHealth, a leader in patient-centered communication solutions, announced that it has received a capital investment from Atalaya Capital Management in support of continued growth and expansion.

Active Membranes Secures Seed Funding To Develop Tech For Large-Scale Desalination Projects

By Amit Chowdhry ● Jul 9, 2024

Active Membranes, a developer of award-winning electrically conducting membranes used in desalination, announced it had closed its initial round of Seed Funding to further develop its game-changing desalination technology. This funding round includes investments from Natural Ventures, Echo River Capital, and Pacifica Water Solutions, one of Active Membranes' co-founders.

Foodsmart Raises $200 Million In Funding Led By TPG

By Amit Chowdhry ● Jul 9, 2024

The Rise Fund, which is the multi-sector strategy of TPG’s global impact investing platform, announced it has signed definitive documentation to lead an investment of over $200 million in Foodsmart - which is the leading telenutrition provider and food benefits management platform in the US. The terms of the deal were not disclosed.

Swander Pace Capital Partners Investing In Inovata Foods

By Amit Chowdhry ● Jul 9, 2024

Swander Pace Capital (SPC), a private equity firm specializing in partnering with family-held and entrepreneur-owned consumer product companies, announced an investment in Inovata Foods, a leading manufacturer of private-label frozen entrées. Founded by Steve and Lisa Parsons in 1989, Inovata manufactures a wide range of frozen meals across two facilities in Canada and services customers in both the U.S. and Canada.

Brighton Park Capital Investing $112 Million In PortSwigger

By Amit Chowdhry ● Jul 9, 2024

Brighton Park Capital, an investment firm focused on entrepreneur-led, growth-stage companies within the software, healthcare, and tech-enabled services businesses space, announced a $112 million investment in PortSwigger - which is a renowned application security software provider to drive growth. And PortSwigger’s first-ever external investment marks a significant milestone, enabling the company to accelerate product development and expand its research and community-focused initiatives, strengthen its international footprint, and continue its trajectory of innovation.

Westlake Innovations Investing In Blackhorn Ventures

By Amit Chowdhry ● Jul 9, 2024

Westlake Innovations, a subsidiary of Westlake Corporation, announced the company has invested in the Blackhorn Industrial Impact Fund II. This fund seeks to invest in 40 capital-efficient companies enabling the decarbonization of the toughest-to-transition sectors in the U.S. economy.

Accuhealth And Signallamp Merging To Create Full Suite Of Remote Care Offerings

By Amit Chowdhry ● Jul 9, 2024

Accuhealth and Signallamp Health, both of which are leading healthcare technology companies, announced a merger - which is funded by an additional investment from Sunstone Partners. The combination of the two companies creates a full suite of high-quality remote care offerings, including remote patient monitoring (RPM) and chronic care management (CCM) services to physician practices and health systems.

StrategyCorps Signs Capital Partnership With Estancia

By Amit Chowdhry ● Jul 9, 2024

StrategyCorps (a provider of deposit analytics and retail and small business checking-related solutions) and Estancia Capital Partners (a respected lower-middle market private equity firm with a solid investing track record in the financial services industry) announced today that they have successfully closed on a capital partnership.

First Foundation: $228 Million Equity Investment Closed

By Amit Chowdhry ● Jul 9, 2024

First Foundation announced today the closing of its individual investments aggregating to $228 million in the company from affiliates of Fortress Investment Group, Canyon Partners, Strategic Value Bank Partners, North Reef Capital, and other investors.

Queens Carbon: $14.5 Million Secured To Develop Tech For Eliminating CO2 Emissions In The Cement Industry

By Amit Chowdhry ● Jul 9, 2024

Queens Carbon, a company developing a ground breaking technology to eliminate carbon dioxide emissions from the cement industry, announced that the U.S. Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) has selected the company to receive $14.5 million in funding as part of its Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program.

Qure.ai Raises Strategic Funding From Merck

By Amit Chowdhry ● Jul 9, 2024

The Merck Global Health Innovation Fund announced it has made a strategic investment in Qure.ai as part of its Series D round. This funding will be used to develop foundation models for artificial intelligence (AI) in imaging and expand the geographical reach of Qure.ai’s AI-powered imaging solutions into the US market.

Ario: AI-Based Assistant For Parents Secures $16 Million In Seed Funding

By Amit Chowdhry ● Jul 9, 2024

Ario, an AI-powered assistant for parents, announced $16 million in seed funding from top-tier investors, including Wing Venture Capital, Floodgate, Bain Capital Ventures, Moxxie, and prominent angels.

Kleiner Perkins: Over $2 Billion Raised For KP21 And KP Select III

By Amit Chowdhry ● Jul 9, 2024

VC firm Kleiner Perkins announced it has raised over $2 billion for two new funds. This includes the firm's $825 million twenty-first venture fund KP21 and $1.2 billion third select fund KP Select III. KP21 will invest in early-stage companies and KP Select III will back high-inflection investments.

Onehouse: Universal Data Lakehouse Company Closes $35 Million In Series B

By Amit Chowdhry ● Jul 9, 2024

Universal Data Lakehouse company Onehouse announced it has secured $35 million in Series B funding led by Craft Ventures. And existing investors Addition and Greylock Partners participated in this new round, bringing total funding to date to $68 million.

Athletic Brewing Company Secures $50 Million In Equity Financing Led By General Atlantic

By Amit Chowdhry ● Jul 9, 2024

Athletic Brewing Company, the largest non-alcoholic brewery in America, today announced it has closed a $50 million equity financing round led by General Atlantic with participation from multiple existing investors.

Gymdesk: Fitness And Wellness Software Company Closes $32.5 Million In Funding

By Amit Chowdhry ● Jul 9, 2024

Gymdesk, a provider of member management software for fitness and wellness businesses, announced it has raised a $32.5 million growth investment from Five Elms Capital. And this funding will drive Gymdesk's mission to expand and strengthen its solutions for the fitness industry and widen its customer base across new verticals.

Canoe Intelligence: Financial Technology Company Raises $36 Million In Series C

By Amit Chowdhry ● Jul 9, 2024

Canoe Intelligence, a financial technology company powering smarter alts management, announced the completion of its Series C financing round of $36 million today - which was led by Growth Equity at Goldman Sachs Alternatives with participation from existing investors F-Prime Capital and Eight Roads.

Monomoy Capital Partners: Oversubscribed Fund V Closed At $2.25 Billion

By Amit Chowdhry ● Jul 9, 2024

Monomoy Capital Partners, a middle market-focused private investment firm, announced the closing of its fifth private equity fund (Fund V). And Fund V exceeded its initial target of $1.6 billion and was oversubscribed at its final close of $2.25 billion (including a $250 million GP commitment). The firm’s previous fund closed in late 2021 at over $1.1 billion.

Adonis: Healthcare Financial Company Secures $31 Million In Series B

By Amit Chowdhry ● Jul 9, 2024

Endoron Medical: Endograft Stapling Solutions Company Raises $10 Million In Series A Funding

By Amit Chowdhry ● Jul 9, 2024

Endoron Medical, a medtech company specializing in innovative endograft stapling solutions for the endovascular repair of abdominal aortic aneurysms, announced the successful closing of its $10 million Series A funding round. This funding round was led by Sofinnova Partners, with significant matching contributions from the European Innovation Council Fund (EIC Fund).