Archives

Cotality (formerly CoreLogic) is a company that provides data, insights, and technology to the property ecosystem, analyzing billions of real-time data signals to help businesses identify risks and opportunities in areas like real estate, mortgage, and insurance. Pulse 2.0 interviewed Cotality’s Chief Data & Analytics Officer John Rogers to gain a deeper understanding of the company.

August Equity, a UK-based private equity firm specializing in the lower mid-market segment, is pleased to announce the successful final closing of Fund VI, reaching an increased hard cap of £350 million. This milestone marks the largest fund in the firm’s history and reflects the growing confidence and support from investors in August Equity's approach and capabilities.

OpusFlow is an innovative all-in-one platform tailored specifically for renewable energy installers. Recently, the company has raised €3.8 million in growth capital, primarily from lead investor Move Energy, with additional contributions from Rise PropTech and existing investor Peak. This funding round was oversubscribed, indicating strong investor interest and confidence, and it follows a previous investment of €1.7 million led by Peak in July 2024.

Gelt, an innovative tax firm designed specifically for high-net-worth individuals and rapidly growing businesses, has recently announced the completion of a $13 million Series A funding round. This brings the company's total funding to $21.2 million. The Series A funding was led by Zvi Limon of the Rimon Group, with strategic participation from Vintage Investment Partners and TLV Partners. In connection with this financial milestone, Gelt has appointed Yoram Tietz, the former Managing Partner at Ernst & Young and currently a Senior Advisor at General Atlantic, to serve as the Chairman of the Board.

Star Therapeutics, an innovative clinical-stage biotechnology company, is dedicated to discovering and developing cutting-edge antibodies aimed at treating bleeding disorders and other medical conditions. The company recently announced the completion of an oversubscribed Series D financing round, in which it raised $125 million.

Latham & Watkins has announced the addition of Lydia Torne as a partner in the firm’s London office, where she will be a key member of the Healthcare & Life Sciences Practice.

Serial fintech entrepreneur Bill Harris has launched Evergreen Wealth, a digital Registered Investment Advisor (RIA) with a focus on tax-aware investment management and AI-powered financial advice. The firm is built for affluent and high-net-worth clients seeking to build long-term wealth in an increasingly complex financial landscape.

Zania, a forward-thinking company focused on agentic AI solutions for security governance, risk, and compliance (GRC), has recently announced the closure of an $18 million Series A funding round. This round was led by New Enterprise Associates (NEA). The funding round was oversubscribed and included contributions from investors like the Anthology Fund (backed by Menlo Ventures and Anthropic), Palm Drive Capital, and a consortium of senior executives from companies like Amazon, Airbnb, PayPal, ByteDance, Reddit, Roblox, and PwC.

Helpr is a benefits platform that provides employees and their families with access to a wide range of care solutions, including child, adult, and special needs care, on a part-time, full-time, or backup basis. Pulse 2.0 interviewed Helpr co-founder and CEO Kasey Edwards to gain a deeper understanding of the company.

Boston Financial, a long-standing syndicator that specializes exclusively in affordable housing, announced the closing of the Boston Financial Institutional Tax Credits 62 Limited Partnership (ITC 62). This fund represents a significant milestone, totaling $237.1 million and marking it as one of the largest multi-investor Low-Income Housing Tax Credit (LIHTC) funds the firm has established since 2006.

Viamericas, a leader in the remittance and international money transfer industry, has announced it raised $113.6 million. This investment aims to expedite the expansion of its global remittance network and to enhance its digital payment platforms, which are designed to serve families across 95 countries. The funding round was spearheaded by Old National Bank, with participation from several financial institutions, including the Bank of Oklahoma Financial, Axos Bank, and U.S. Bank. FT Partners played a major role as the exclusive strategic and financial advisor for Viamericas throughout this transaction, providing expert guidance and support.

QuoteWell, a technology-driven wholesale insurance brokerage, has recently secured an additional $12 million in financing, which brings the total capital raised by the company to $32 million. This funding is intended to enhance the company's growth and allow for a further expansion of its producer network. The firm is particularly focused on leveraging this capital to strengthen its proprietary AI-driven platform, which is central to its operations.

Bristol Myers Squibb (BMS) has entered into a significant agreement to acquire Orbital Therapeutics, a privately held biotechnology company recognized for its groundbreaking work in RNA medicines. This deal marks a strategic move for BMS as it seeks to enhance its portfolio in the field of immunotherapy.

BayPine, a private investment firm dedicated to driving digital transformation in leading businesses, has recently made a significant addition to its team with the hiring of Amy Harsch as Partner and Head of Capital Formation and Investor Relations. In her new role, Harsch will play a crucial part in overseeing the company's fundraising strategies and enhancing engagement with investors. Her primary focus will be on building and nurturing long-term partnerships with both existing and potential clients on a global scale. Based in New York, she will collaborate closely with Partner Migo Terjanian to further BayPine's mission.

HavocAI, a developer in the field of maritime autonomous systems, has made headlines by securing $85 million in new funding. This investment has attracted a diverse group of new investors, which includes notable names like B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green Capital, and Zero Infinity Partners. Along with these newcomers, longstanding supporters such as Scout Ventures, Outlander Ventures, and other early investors have also contributed to this funding round.

Golub Capital has announced the launch of its GP-Led Secondaries investment strategy, marking a significant expansion in its investment approach. This new strategy is designed to focus on high-quality middle-market businesses in both the U.S. and Europe. The primary mechanism for these investments will be through GP-Led continuation vehicles, which allow general partners of private equity funds to extend the life of their funds and offer additional investment opportunities.

Campus, an innovative online two-year college, has recently made headlines with its acquisition of Sizzle AI, an advanced AI learning platform. This move is especially significant as it aims to address the frustrations many learners experience with the rising costs and slow pace of traditional higher education.

Global investment firm Permira has announced the strategic appointment of Caitlin Brodie as a Managing Director within its US Capital Formation team. Caitlin will be based in New York and will take on the role of Head of US East Coast Coverage.

Penzance has secured over $100 million in construction financing for its latest endeavor, the Chantilly Premier project, which marks a significant development in Northern Virginia. This facility is designed as a fully leased powered shell, making it an attractive option for businesses needing reliable data center solutions. The project is strategically located in an area known for its exceptional connectivity to fiber and power infrastructure, positioning it within the world’s largest data center market.

375ai, a pioneering edge data intelligence company that converts physical world data into machine-readable insights, has raised an additional $5 million in funding. This recent investment aims to expand its edge data intelligence network, furthering its mission to deliver real-time insights to AI models, cities, enterprises, and governments. The funding round was led by Delphi Ventures, Strobe Capital, and HackVC. With this new round of funding, the total amount raised by the company now stands at $10 million, which also includes initial investments from 6MV, ARCA, Primal, and EV3.

Search Party, a startup in the generative engine optimization (GEO) sector, has officially emerged from stealth mode after completing a $3.5 million funding round. This funding was led by Fuse, a prominent early-stage venture capital firm known for its support of category-defining SaaS and AI companies. 

NineDot Energy, a prominent developer of community-scale battery energy storage systems (BESS) in the New York City metro area, has finalized a $175 million revolving debt financing through Deutsche Bank, known for its expertise in energy infrastructure finance. This financial move underscores the growing importance of battery energy storage in enhancing the sustainability and cleanliness of the New York electric grid. Additionally, it reaffirms NineDot's position as a leader in the regional energy sector.

Stratus Financial, a provider of financing solutions tailored for aviation training, has reached a significant milestone by growing its investment fund to $20 million in assets. Since its establishment in 2021, the fund has returned over $2.7 million to investors. This achievement showcases Stratus Financial's ongoing growth and effectiveness in supporting aspiring pilots while providing attractive returns for its investors.

Creative Planning, recognized as one of the largest registered investment advisors (RIAs) in the nation, has made a significant move by finalizing a definitive agreement to acquire SageView Advisory Group, a prominent independent RIA firm. This strategic partnership will enable Creative Planning to strengthen its position in the financial advisory landscape by incorporating SageView's expertise and clientele.

Save, a financial technology company renowned for its market-driven cash management platform, has completed its first round of institutional funding. This funding round was led by BNP Paribas, a prominent global bank, and was bolstered by strategic investments from Natixis Corporate & Investment Banking and Pacer Financial. 

Vulcan Technologies, a leader in the regulatory technology (reg-tech) landscape, has recently announced the successful completion of a $10.9 million seed funding round. The funding was co-led by two esteemed investment firms, General Catalyst and Cubit Capital, which are known for backing industry disruptors. Participation in this funding round also came from a diverse group of investors, including Trevor Rees-Jones, the founder of Chief Oil & Gas, as well as technology-focused firms such as SV Angel, A*, Liquid 2 Ventures, Transpose, 468 Capital, and Y Combinator. Notably, the founders of Dropbox also joined this group of strategic investors, highlighting the strong interest from influential players in the tech industry.

Simple Life, an innovative AI health coaching app, has recently announced a successful $35 million Series B funding round. This financing was led by Hartbeat Ventures, a firm founded by the well-known actor and entrepreneur Kevin Hart, alongside Liquidity, a leading private credit firm specializing in AI-driven solutions.

Kneu Health, a precision neurology platform specializing in Parkinson's disease and dementia management, has announced the closing of a $5.6 million oversubscribed seed funding round. This funding was co-led by Oxford Science Enterprises and Cedars-Sinai, with additional contributions from Social Impact Enterprises, JIMCO, G.K. Goh Ventures, and SXSW London.

Reflection AI, an emerging AI startup founded by former DeepMind researchers, has recently raised $2 billion in a Series B funding round. This investment has propelled the company's valuation to a striking $8 billion. The funding was led by Nvidia and Lightspeed Venture Partners. Additionally, the round saw contributions from renowned firms like Sequoia Capital and Citi, as well as investment from former Google CEO Eric Schmidt.

Morgan Stanley Investment Management (MSIM) has announced its 1GT private climate equity strategy (1GT) has taken the lead in a growth capital fundraising initiative aimed at supporting Corvus Energy, a leading provider of low-carbon Energy Storage Systems (ESS). These systems are specifically designed for a diverse range of vessels, including fully electric and hybrid-powered options, thereby establishing Corvus Energy as a crucial player in the maritime energy sector.