Archives

Roche And Zealand Pharma Sign $5.3 Billion Deal

By Amit Chowdhry ● Mar 12, 2025

Zealand Pharma (a biotechnology company focused on the discovery and development of innovative peptide-based medicines) announced a global collaboration and license agreement with Roche to develop petrelintide, which is Zealand Pharma’s amylin analog with potential as a foundational therapy for weight management while expanding into related indications. And the two companies will co-develop and co-commercialize petrelintide and combination products with petrelintide, including a fixed-dose combination product of petrelintide and CT-388, Roche’s lead incretin asset and potential best-in-class GLP-1/GIP receptor dual agonist.

Cybereason: $120 Million Raised For Advancing EDR Solutions

By Amit Chowdhry ● Mar 12, 2025

Cybereason, a leading global cybersecurity company, announced a $120 million investment led by SoftBank Corp., SoftBank Vision Fund 2, and Liberty Strategic Capital to advance the company's global growth fueled by its endpoint detection and response (EDR) solutions and its consulting services, enhanced by a strategic partnership with Trustwave. Manish Narula will serve as the company's new CEO.

Fusion Fund: $190 Million In Committed Capital Raised For Fund IV

By Amit Chowdhry ● Mar 12, 2025

With $190 million in committed capital, Fusion Fund has announced the closing of Fusion Fund IV to continue supporting technical founders in enterprise AI, healthcare, and industrial automation. And Fund IV was oversubscribed in less than six months, bringing Fusion Fund's total assets under management to over $500 million. Institutional LPs, including endowments, foundations, sovereign wealth funds, and strategic family offices back this fund.

Reflection AI: $130 Million Secured For Building Superintelligent Autonomous Systems

By Amit Chowdhry ● Mar 12, 2025

Reflection AI has emerged from stealth mode, focusing on creating autonomous coding systems. The company has raised $25 million in a seed funding round led by Sequoia Capital and CRV and $105 million in a Series A funding round led by Lightspeed Venture Partners and CRV.

ABB Investing $120 Million To Expand US Manufacturing

By Amit Chowdhry ● Mar 12, 2025

ABB announced that it will invest $120 million in the US to expand the production capacity of its low-voltage electrification products. The investment will enable ABB to meet increasing demand from customers in a wide range of key growth industries, including data centers, buildings, and utilities.

ControlMonkey: Interview With Co-Founder & CEO Aharon Twizer About The Terraform Automation Platform

By Amit Chowdhry ● Mar 12, 2025

ControlMonkey is a fully end-to-end Terraform automation platform. From AI-powered code generation to best-in-class automations, ControlMonkey gives cloud teams a powerful, unified way to visualize, spin-up, automate and govern cloud infrastructure – end-to-end, at any scale, for any future. Pulse 2.0 interviewed ControlMonkey co-founder and CEO Aharon Twizer to learn more about the company.

FreightWise: Interview With CEO Chris Cochran About The Leading Logistics Software Company

By Amit Chowdhry ● Mar 12, 2025

FreightWise is a leading logistics software technology and services company specializing in helping and empowering thousands of customers to optimize their logistics supply chains for efficiency, visibility, better customer experience, and cost savings. Pulse 2.0 interviewed FreightWise CEO Chris Cochran to learn more about the company.

Ditto: $82 Million (Series B) Secured At $462 Million Valuation To Advance Edge-Native Resolution

By Amit Chowdhry ● Mar 12, 2025

Ditto, a mobile database with built-in edge device connectivity and resiliency, announced it has raised $82 million in an oversubscribed Series B funding round. The funding round brings Ditto’s post-money valuation to $462 million. This latest round, led by Top Tier Capital Partners and Acrew Capital, also included participation from existing and new investors, including Thomas Tull's U.S. Innovative Technology Fund (USIT), True Ventures, Amity Ventures, Fundrise, Friends & Family Capital, Advance Venture Partners, and Internet Initiative Japan (IIJ).

Quamcore: $9 Million (Seed) Raised For Building First Scalable 1 Million Qubit Quantum Computer

By Amit Chowdhry ● Mar 12, 2025

QuamCore, a company redefining quantum computing scalability, announced today its emergence from stealth with $9 million in seed funding. The funding was led by Viola Ventures and Earth & Beyond Ventures.

Exowatt: Interview With CEO Hannan Happi About The Renewable Energy Company

By Amit Chowdhry ● Mar 12, 2025

Exowatt is a next-generation renewable energy company offering customers a modular full-stack energy solution that can provide dispatchable power for up to 24 hours per day. Their flagship product, the Exowatt P3, stores solar energy as heat in a long-duration battery and converts it into electricity on demand. The solution is specifically designed to meet the needs of energy-intensive applications such as data centers. Pulse 2.0 interviewed Exowatt’s Co-Founder and CEO Hannan Happi to learn more about the company.

Avangrid: $20 Billion Investment Plan For U.S. Grid Infrastructure Through 2030

By Amit Chowdhry ● Mar 12, 2025

Avangrid, a leading energy company and member of the Iberdrola Group, announced plans to invest $20 billion in U.S. electrical grid infrastructure by the end of the decade.

Aescape: $83 Million Raised For Wellness Robotics

By Amit Chowdhry ● Mar 12, 2025

Aescape, a lifestyle robotics company pioneering AI massage for personalized recovery, announced it has raised $83 million in a strategic round led by Valor Equity Partners. The round also saw participation from existing investors, including Alumni Ventures, and NBA Champion and All-Star Kevin Love. With this latest funding, Aescape’s total funding is now at $128 million, enabling the company to scale operations, expand into new markets, and grow its partnerships with global brands.

Osivax: €10 Million Raised For Developing Vaccines To Provide Protection Against Respiratory Viruses

By Amit Chowdhry ● Mar 12, 2025

Osivax - a biopharmaceutical company developing vaccines to provide broad-spectrum protection against highly mutating respiratory viruses - announced the first closing of its Series B financing, raising €10 million from new and existing investors.

DataPelago: Interview With CEO Rajan Goyal About The Universal Data Processing Engine Company

By Amit Chowdhry ● Mar 12, 2025

DataPelago is on a mission to make it viable to extract value from all data in the world so people can capture every insight, cure, invention, and opportunity. Pulse 2.0 interviewed DataPelago CEO Rajan Goyal to learn more about the company.

Sofinnova Partners: €1.2 Billion Raised For Advancing Next Wave Of Life Sciences Innovation

By Amit Chowdhry ● Mar 12, 2025

Sofinnova Partners - a leading European venture capital firm in life sciences based in Paris, London, and Milan - announced it had raised €1.2 billion across its platform of investment strategies over the past year, including over €1 billion secured in the last quarter.

Tandem PV: $50 Million Secured For Perovskite Solar Technology

By Amit Chowdhry ● Mar 12, 2025

Tandem PV, an innovator in American perovskite solar technology, today announced it has secured $50 million in Series A funding and debt, led by Eclipse, with participation from Constellation Energy, Planetary Technologies, Uncorrelated Ventures, Trellis Climate, Tom Werner (former CEO of SunPower), Stifel Bank, CSC Leasing, and other existing and new investors. This funding will enable Tandem PV to construct a commercial-scale manufacturing facility in the U.S., accelerating the adoption of its high-efficiency solar panels and allowing the U.S. to reduce its dependency on foreign manufacturers while increasing its energy security.

LlamaIndex: $19 Million (Series A) Raised For Enterprise-Grade Knowledge Agents

By Amit Chowdhry ● Mar 12, 2025

LlamaIndex, an agent development platform for automating knowledge work over unstructured enterprise data, closed a $19 million Series A round of funding, led by Norwest Venture Partners with participation from existing investor Greylock. This funding round brings the total to $27.5 million.

Alta: $7 Million (Seed) Closed For AI Revenue Workforce Solutions

By Amit Chowdhry ● Mar 12, 2025

Alta, an AI-based revenue workforce solutions provider, announced today that it has raised a $7 million seed financing round and has launched out of stealth. The funding round was led by Entrée Capital and Target Global, with additional funding from angel investor Ben Lang and others. Gavin Patterson, former President and Chief Revenue Officer at Salesforce, Nir Goldstein, Operating Partner at Greenfield Partners, and Yoram Teitz, Partner at General Atlantic, serve as strategic advisors.

Lila Sciences: $200 Million (Seed) Raised For Scientific Superintelligence Platform

By Amit Chowdhry ● Mar 12, 2025

Bioplatform innovation company Flagship Pioneering has unveiled Lila Sciences, a company building the world's first scientific superintelligence platform and fully autonomous labs for life, chemical, and materials sciences. Lila raised $200 million in committed seed capital from Flagship Pioneering, along with General Catalyst, March Capital, ARK Venture Fund, Altitude Life Science Ventures, Blue Horizon Advisors, State of Michigan Retirement System, Modi Ventures and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) to support the further development of the AI platform, autonomous labs, and infrastructure for rapid scaling.

Nirvana Insurance: $80 Million (Series C) Secured For Transforming Commercial Insurance With AI

By Amit Chowdhry ● Mar 12, 2025

Nirvana Insurance, a leading AI-based commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. This funding round arrives after a momentous year for Nirvana, which exceeded $100 million in Premiums, more than doubling year over year. This funding round was led by General Catalyst with continued support from existing investors Lightspeed Venture Partners and Valor Equity Partners.

Ambrose: Over $400 Million Raised For Fund IV

By Amit Chowdhry ● Mar 12, 2025

Ambrose, a leading investor, developer, and operator of industrial, logistics and e-commerce real estate, announced the final close of Ambrose Fund IV, LP. Ambrose had raised $400,625,000 through equity commitments to the Fund and related vehicles.

Netforce: €45 Million Raised For Law Enforcement Technology Development

By Amit Chowdhry ● Mar 12, 2025

Netforce, a law enforcement technology development company, announced a strategic investment commitment of €45 million from GEM Global Yield LLC SCS - which is a $3.4 billion private equity and alternative investment group.

ŌURA: Interview With Chief Design Officer Miklu Silvanto About The Wearable Health Company

By Amit Chowdhry ● Mar 12, 2025

Garuda Therapeutics: $50 Million (Series A-1) Secured For Advancing Blood Stem Cell Therapies

By Amit Chowdhry ● Mar 12, 2025

Garuda Therapeutics - a biotechnology company creating off-the-shelf and HSC therapies for a multitude of blood disorders - announced the completion of an approximately $50 million Series A-1 funding round. Investors included OrbiMed, Northpond Ventures, and Cormorant Asset Management, with new strategic investment from Kyowa Kirin Co., Ltd., a Japan-based Global Specialty Pharmaceutical Company.

Mitel: Interview With CISO Bill Dunnion About The Business Communications Company

By Amit Chowdhry ● Mar 12, 2025

Mitel is a global leader in business communications. It provides more than 70 million users in over 100 countries with advanced communication, collaboration, and contact center solutions. Pulse 2.0 interviewed Mitel CISO Bill Dunnion to learn more about the company.

Supergut: Gut Health Company Raises New Funding

By Amit Chowdhry ● Mar 12, 2025

Supergut, a leading gut health and GLP-1 nutrition brand, announced the closing of a significant minority growth investment. To support this next chapter, Tracey Warner Halama, former CEO of Vital Proteins and industry veteran, will join Supergut as CEO. This funding round was led by Full Frame Growth Partners. And other participants in the investment include Supergut founding investor Dave Friedberg via The Production Board along with Cultivian Sandbox, Strand Equity, Access Capital, Alpha Edison, LivWell Ventures, and Rocana Ventures. Full Frame Founder & Managing Partner Bader Alam will join the board of directors.

Mote: $7 Million Raised For Advancing Carbon-Negative Biomass-To-Energy Technology

By Amit Chowdhry ● Mar 12, 2025

Mote - a technology leader in carbon-negative energy production - announced the first closing of its Series A funding round, securing $7 million in investment led by Nella Next and Preston-Werner Ventures. The funding round also included Counteract and other strategic partners committed to advancing U.S. energy security. And this first phase is part of a targeted $15 million Series A funding round.

Compound Planning: Digital Family Office Grows To $3 Billion AUM

By Amit Chowdhry ● Mar 12, 2025

Compound Planning—a leading digital family office committed to reimagining wealth management for next-generation advisors—announced that seven financial advisors, including a four-person advisory team that previously managed $1.2 billion, have joined the firm. The latest additions cement what has been a period of rapid growth for the firm. And Compound eclipsed $3 billion in total assets under management (“AUM”) as of January 31, after the firm added 30 total advisors and doubled its AUM in 2024.

Swap: $40 Million (Series B) Raised For E-Commerce Operating System

By Amit Chowdhry ● Mar 12, 2025

Swap, an e-commerce operating system (OS) that connects operations on one platform for e-commerce brands, announced a $40 million Series B led by ICONIQ Growth, with participation from prior lead investors Cherry Ventures, QED Investors, and 9900 Capital. With this funding, Swap will enhance its dominance in the U.K. market, accelerate expansion into the U.S. and EU, and open new regions, including Australia and Canada. Swap also plans to penetrate underserved verticals like beauty, home goods, and consumer technology.

Hello Alice: Interview With Co-Founder & President Elizabeth Gore About The Financial Technology Company

By Amit Chowdhry ● Mar 12, 2025

Hello Alice is a financial technology serving over 1.5 million small business owners in all fifty states. Pulse 2.0 interviewed Hello Alice co-founder and President Elizabeth Gore to learn more about the company.