Archives

SpryPoint: Growth Capital Raised From CIBC Innovation Banking

By Amit Chowdhry ● Mar 7, 2025

CIBC Innovation Banking announced it has provided a growth-focused credit facility to SpryPoint Services, a leading provider of software for public utilities.

JumpStart Ventures: First Closing For NEXT Fund III At Nearly $25 Million

By Amit Chowdhry ● Mar 7, 2025

JumpStart Ventures announced it has achieved the first closing of NEXT Fund III, raising nearly $25 million toward its $50 million target. And NEXT Fund III is supported by the State Small Business Credit Initiative (SSBCI) Ohio, institutional and private investors and reinforces JumpStart Ventures' commitment to providing tech founders with the capital they need to scale their startups.

Whisper: $1 Million Secured For Advancing AI-Based Sales Cloning Technology For Content Creators

By Amit Chowdhry ● Mar 7, 2025

Whisper, an AI-based sales and behavioral cloning technology for content creators, announced it has raised $1 million in a recent funding round led by investors, including AngelList Early Stage Quant Fund and a consortium of high-net-worth content creators.

Humach: Interview With CEO Tim Houlne About The Intelligent Workforce Company

By Amit Chowdhry ● Mar 7, 2025

Humach is a company that combines the strengths of both humans and machines to deliver exceptional customer experiences. Pulse 2.0 interviewed Humach CEO Tim Houlne to learn more about the company.

Uniti AI: $4 Million (Seed) Secured For Building AI Sales Agents For Real Estate Operators

By Amit Chowdhry ● Mar 7, 2025

Uniti AI, a leading AI agent platform for commercial real estate operators, announced a $4 million seed round led by Prudence. Participants also included Alate Partners, Flex Capital, Observer Capital, and RE Angels.

DNO To Buy Sval Energi In $1.6 Billion Deal

By Amit Chowdhry ● Mar 7, 2025

DNO ASA, the Norwegian oil and gas operator, announced it has agreed to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 million based on an enterprise value of $1.6 billion.

LPL Brings In $190 Million FA Michael Carmichael

By Amit Chowdhry ● Mar 7, 2025

LPL Financial announced that financial advisor Michael Carmichael, RFC, CRPS, founder of Carmichael Financial, announced it has joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. He reported serving about $190 million in advisory, brokerage and retirement plan assets* and joins LPL from Osaic.

Walgreens Boots Alliance To Go Private In A Deal Valued Up To $23.7 Billion

By Amit Chowdhry ● Mar 7, 2025

Drugstore chain Walgreens Boots Alliance (WBA) announced it is going private in a $10 billion deal with private equity firm Sycamore Partners. Sycamore will pay $11.45 per share, which is a premium of 8% to the stock's closing price of $10.60 on Thursday. The total value of the deal is up to $23.7 billion. Sycamore Partners specializes in retail and consumer investments and has a track record of buying distressed retailers for profit, like Staples, Talbots, and Nine West.

RAD Security: $14 Million (Series A) Raised For AI-Based Cybersecurity Platform

By Amit Chowdhry ● Mar 7, 2025

RAD Security, a leader in securing cloud-focused infrastructure, announced a $14 million Series A funding round, led by Cheyenne Ventures with participation from new investors Forgepoint Capital, Lytical Ventures, and Akamai and existing investors .406 Ventures, Vertex Ventures, and Gula Tech Adventures.

Ignota Labs: $6.9 Million (Seed) Raised For AI-Based Drug Turnaround Company

By Amit Chowdhry ● Mar 7, 2025

Ignota Labs, an AI-based drug turnaround company, announced the closing of a $6.9 million (GBP 5.5 million) seed funding round, co-led by Montage Ventures and AIX Ventures, with participation from Modi Ventures, Blue Wire Capital, and Gaingels. This funding round will expand the pipeline by acquiring additional distressed assets and advancing their first asset, a PDE9A inhibitor, into early-stage clinical trials.

WoodChuck: Interview With Founder & CEO Todd Thomas About The Sustainable Waste Management Company

By Amit Chowdhry ● Mar 7, 2025

Woodchuck is a new climate impact startup that is looking to transform waste-to-energy processing for construction, manufacturing, and bioenergy industries. Pulse 2.0 interviewed WoodChuck founder and CEO Todd Thomas to learn more about the company.

Intangible: $4 Million Raised For Advanced 3D Creative Tool

By Amit Chowdhry ● Mar 7, 2025

Intangible announced it has raised $4 million in funding from a16z Speedrun, Crosslink Capital, Karman Ventures, and industry angels to launch the world’s simplest 3D creative tool.