Archives

Algoma: $2.3 Million Seed Funding Raised For Real Estate Development Platform

By Amit Chowdhry ● May 17, 2025

Algoma, an AI-native real estate development platform that helps developers turn an address into a deal, announced it has raised $2.3 million in seed funding. The funding round was led by Zacua Ventures, with participation from SOSV, Iron Prairie Ventures, DOMiNO Ventures, Compose VC and a network of angel investors across AI, construction, and real estate.

CrediLinq: $8.5 Million Series A Raised For AI-Based Embedded Finance Platform

By Amit Chowdhry ● May 16, 2025

CrediLinq, an AI-based embedded finance platform that is transforming access to growth capital for underserved digital-first SMEs globally, announced the closing of a $8.5 million Series A funding round. The funding round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office. And returning investors include 500 Global, Epic Angels, 1982 VC and Big Sky Capital.

Cognichip: $33 Million Seed Funding Raised For Advancing Artificial Chip Intelligence

By Amit Chowdhry ● May 16, 2025

Cognichip, a company advancing Artificial Chip Intelligence (ACI) to power the future of semiconductor design, announced its launch out of stealth mode with $33 million in seed funding. The funding round was led by Lux Capital and Mayfield, with support from FPV and Candou Ventures.

Akido: $60 Million Series B Secured For Health AI Platform

By Amit Chowdhry ● May 16, 2025

Akido Labs - an AI and care delivery company reimagining healthcare - announced it has raised $60 million in Series B funding. The funding round was led by Oak HC/FT with participation from Greco, SNR, and existing investors Y Combinator, Future Communities Capital, Jeff Dean (Chief Scientist, Google DeepMind & Google Research), and the Comprehensive Blood & Cancer Center.

Pronto: $2 Million Raised For India-Based House Help Platform

By Amit Chowdhry ● May 16, 2025

Pronto, an India-based 10-minute house help service, announced $2 million in funding led by Bain Capital Ventures. With this funding, Pronto will open new hubs, expanding their service area across Gurgaon.

SpotitEarly: $20.3 Million Closed For Transforming At-Home Early Cancer Detection

By Amit Chowdhry ● May 16, 2025

SpotitEarly, a biotech company focused on transforming cancer screening by utilizing AI and canines to analyze volatile organic compounds (VOCs) in breath samples and detect cancer at its earliest stages, officially launched in the U.S. market with $20.3 million in funding.

Wi-Charge: $20 Million Raised For Expanding Wireless Power Platform

By Amit Chowdhry ● May 16, 2025

Wi-Charge, a leader in long-range wireless power, announced it has raised $20 million in Series C funding led by Standard Investments with participation from existing investors and new investors, including the EIC Fund.

Alpheus Medical: $52 Million Series B Raised For Glioblastoma Therapy Technology

By Amit Chowdhry ● May 16, 2025

Alpheus Medical - a clinical-stage oncology company pioneering sonodynamic therapy (SDT) for the treatment of solid body cancers - announced the closing of an oversubscribed $52 million Series B financing round. This funding round was co-led by HealthQuest Capital and Samsara BioCapital with participation from existing investors OrbiMed and Action Potential Venture Capital. Venture investors also committed to transforming cancer care, including BrightEdge, the impact investment and innovation arm of the American Cancer Society, the Brain Tumor Investment Fund, a subsidiary of the National Brain Tumor Society, and Sontag Innovation Fund, a subsidiary of The Sontag Foundation.

Solestial: $17 Million Series A Closed For Scaling Space Solar Manufacturing

By Amit Chowdhry ● May 16, 2025

Solestial - the solar energy company for space - announced a significant milestone with the closing of its $17 million Series A funding round led by AE Ventures. This funding round also welcomed new investors Crosscut Ventures, Zeon Ventures, and Mitsubishi Electric Corporation's ME Innovation Fund (general partner: Global Brain Corporation), with participation from existing investors Airbus Ventures, General Purpose Venture Capital, Industrious Ventures, Stellar Ventures, and Techstars.

Row Zero: $10 Million Raised For Advancing Development Of Enterprise Spreadsheet

By Amit Chowdhry ● May 16, 2025

Row Zero, an enterprise spreadsheet company built for big data and security, announced a seed round of $10 million, led by IA Ventures, with participation from Trilogy Equity Partners, Founder's Co-op, Ludlow Ventures, K9 Ventures, Functional Capital, and Wes Mckinney.

Sprinter Health: $55 Million Raised For Expanding Access To Preventive Care

By Amit Chowdhry ● May 16, 2025

Sprinter Health announced the closing of a $55 million Series B financing round led by General Catalyst, with participation from Andreessen Horowitz (a16z) Bio + Health and other existing investors including the Regents of the University of California, Google Ventures, and Accel.

Matthews International Buying Dodge Company In $57 Million Deal

By Amit Chowdhry ● May 16, 2025

Matthews Memorialization - a division of Matthews International Corporation - announced it has acquired The Dodge Company for $57 million. And Dodge is a leading supplier of embalming chemicals and supplies in North America and sells a variety of other related products to Funeral Homes.

Danone Buying Majority Stake In Kate Farms

By Amit Chowdhry ● May 16, 2025

Danone announced that it has entered into a definitive agreement to buy a majority stake in Kate Farms, a rapidly growing U.S. business offering a wide array of plant-based, organic nutrition products for both medical and everyday needs. Kate Farms’ highly complementary products will enhance Danone’s specialized nutrition offerings.

Ace Green Recycling: Interview With Co-Founder & CEO Nishchay Chadha About Innovative Battery Recycling Technology

By Amit Chowdhry ● May 16, 2025

Ace Green Recycling is a U.S.-based green recycling technology company with global operations across North America, Europe and Asia and is one of the only battery recycling tech platforms with sustainable solutions for both Lead-acid (LAB) and Lithium-ion (LIB) batteries. Pulse 2.0 interviewed AceGreen Recycling co-founder and CEO Nishchay Chadha to learn more about the company.

Arbitrum Gaming Ventures: First $10+ Million Investment Cohort Revealed

By Amit Chowdhry ● May 16, 2025

Arbitrum Gaming Ventures (previously known as The Gaming Catalyst), a 200 million $ARB initiative to accelerate gaming and entertainment on Arbitrum, announced the first cohort of investments and grants, made along with VCs including Paradigm, Framework, and BITKRAFT. This first investment tranche, representing a commitment of $10 million in capital, supports a cohort of experienced founders, innovative distribution models, and developing gaming content across genres and geographies.

Sirius: $50 Million Series B2 Raised For Advancing Novel siRNA Therapeutics For Cardiometabolic Disorders

By Amit Chowdhry ● May 16, 2025

Sirius Therapeutics has completed nearly $50 million in Series B2 financing to advance clinical development of the company’s novel siRNA therapeutics for cardiometabolic disorders and continue innovation of its RNA delivery technologies. A renowned corporate venture capital firm led the financing round, which was joined by a new investor (BioTrack Capital) and existing investors OrbiMed, Creacion Ventures, and Hankang Capital.

Quantum Systems: €160 Million Raised For AI-Based Aerial Intelligence Systems

By Amit Chowdhry ● May 16, 2025

Quantum Systems—a leader in AI-based aerial intelligence systems for defense, emergency services, and industry—announced it has raised €160 million in new funding, led by Balderton Capital. Participation came from Hensoldt, Airbus Defense and Space, Bullhound Capital, LP&E AG, and existing investors, including HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche SE, and Notion.

Recast: Interview With Founder & CEO Andy Meikle About The Universal Media Wallet Company

By Amit Chowdhry ● May 16, 2025

Recast is a company redefining how consumers access digital media through RecastPay. This universal media wallet empowers media owners to sell any digital item, including videos, podcasts, articles, AI tools, and beyond, directly to any consumer at any price, from £0.01 to £100 per transaction. Pulse 2.0 interviewed Recast founder and CEO Andy Meikle, a universal media wallet company.

ControlTheory: Interview With CEO Bob Quillin About The Observability Controllability Company

By Amit Chowdhry ● May 16, 2025

ControlTheory is a company that is dedicated to transforming observability through the power of controllability, cutting costs while turbocharging outcomes. Pulse 2.0 interviewed ControlTheory CEO Bob Quillin to learn more about the company.

Conflux Technology: Interview With Founder & CEO Michael Fuller About Creating Heat Exchange Solutions

By Amit Chowdhry ● May 15, 2025

Conflux Technology is a heat transfer and additive manufacturing (AM) company addressing heat exchange limitations across a range of industries, from next-gen aviation, aerospace, and beyond. Pulse 2.0 interviewed Conflux Technology founder and CEO Michael Fuller to learn more about the company.

Mercer Advisors Brings In $3 Billion Team Tufton Capital Management

By Amit Chowdhry ● May 15, 2025

Mercer Global Advisors—a national Registered Investment Adviser (RIA)—announced the acquisition of Tufton Capital Management, a financial planning and advisory firm based in Hunt Valley, Maryland. This acquisition enhances Mercer Advisors’ presence in the greater Washington, DC, market. With Tufton Capital, Mercer Advisors will have approximately $3 billion in client assets in the region.

CCS: Interview With CTO Richard Mackey About The Collaborative Care Program Company

By Amit Chowdhry ● May 15, 2025

CCS is a leading provider of collaborative care programs and home-delivered medical supplies for those with chronic conditions, specifically diabetes. Pulse 2.0 interviewed CCS chief technology officer Richard Mackey to learn more about the company.

Plakar: $3 Million Raised For Open-Source Backup And Restore Platform

By Amit Chowdhry ● May 15, 2025

Plakar, an open-source backup and restore platform, announced the general availability of its first stable release, alongside a $3 million pre-seed funding round led by Seedcamp. This funding round includes participation from leading venture firms HelloWorld, IrregularExpression, Galion.exe, Kima Ventures, OPRTRS and renowned angel investors, including Olivier Pomel (Datadog), Solomon Hykes (Docker), and Alexandre Yazdi (Voodoo).

Kincell Bio: $22 Million Raised For Cell Therapy Platform

By Amit Chowdhry ● May 15, 2025

Kincell Bio announced the completion of a $22 million round led by new investor NewSpring Capital through its dedicated healthcare strategy NewSpring Healthcare. The funding round was also led by existing investor Kineticos Life Sciences.

Vivo Capital: Public Fund Closed With Over $740 Million In Commitments

By Amit Chowdhry ● May 15, 2025

Vivo Capital—a leading global investment firm focused exclusively on healthcare and life sciences—announced it has closed the third cycle of its Vivo Opportunity Fund and its affiliates with over $740 million in commitments. The Public Fund invests in preclinical and clinical-stage life sciences businesses that are developing or commercializing novel therapies for unmet medical needs.

Lilly To Expand Purdue University Collaboration With Up To $250 Million Investment

By Amit Chowdhry ● May 15, 2025

Eli Lilly and Company and Purdue University recently announced a significant expansion of their long-time alliance, with Lilly’s planned investment of up to $250 million in the collaboration over the next eight years. And this deal, which has the potential to be the largest ever industry-academic agreement of its kind in the US, will look to advance innovation in the pharmaceutical pipeline.

Verdi: C$6.5 Million Raised For Automating Legacy Farm Infrastructure

By Amit Chowdhry ● May 15, 2025

Verdi, a company making irrigation automation accessible to every farm, announced it has raised $6.5 million CAD ($4.7 million USD) in its latest oversubscribed seed round, bringing the total funding to $9.5 million. The funding round was led by SVG Ventures, with participation from NEC X, Ponderosa Ventures (a member of Galvanize Climate Solutions' platform), Elemental Impact, GenomeBC, One Small Planet, Waterpoint Lane, Dangerous Ventures, VentureUs, Echo River Capital, Cyan Ventures, Jetstream, and Baker Hall Capital.

Sanctuary Wealth Onboards $2 Billion Team 1280 Financial Partners

By Amit Chowdhry ● May 15, 2025

Sanctuary Wealth, a firm that provides elite financial advisors the freedom and choice to thrive in an evolving industry, announced it welcomed 1280 Financial Partners to its growing network of Partner Firms. The veteran team came together in 2021 to serve institutional and private clients. This former UBS-affiliated firm is tapping into Sanctuary's Strategic Capital Partnership program as they launch their new independent firm, which currently manages approximately $2 billion in total client assets.

Renown Capital Partners: $250 Million In Anchor Capital Closed

By Amit Chowdhry ● May 15, 2025

Renown Capital Partners—an investment firm focused on growth-stage technology companies helping to secure an efficient, affordable, and reliable energy system—announced it has formally launched. Renown is a spinout of Moore Capital Management, which has provided $200 million of anchor capital. The Daily Mail and General Trust (DMGT) has committed an additional $50 million of anchor capital.

Granite Creek: Matt Morgan Named As Director Of Business Development

By Amit Chowdhry ● May 15, 2025

Granite Creek Capital Partners, a Chicago-based private investment firm, announced the appointment of Matt Morgan as Director of Business Development. With over 20 years of leadership experience in agribusiness, Morgan will focus on sourcing investment opportunities to support the firm’s agribusiness strategy and portfolio company activities.