Archives

Hilo: $42 Million Series B Raised For Blood Pressure Intelligence Platform

By Amit Chowdhry ● May 11, 2025

Hilo (previously known as Aktiia), a blood pressure intelligence platform, announced an oversubscribed $42 million (over CHF 34 million) Series B funding round, co-led by Earlybird Health and Wellington Partners, with new investors Kfund and naturalX Health Ventures, and participation from existing investors redalpine, Khosla Ventures, Molten Ventures, Translink Capital, and Verve Ventures. The funding, which has brought the total financing above $100 million, will accelerate the company's mission to manage the world's blood pressure.

Inveniam Buying Tractiv For Enhancing Enterprise-Grade AI Technology

By Amit Chowdhry ● May 11, 2025

Inveniam Capital Partners—a data operations and management platform for private market asset data—announced the acquisition of Chicago-based Tractiv, a technology company led by Drew Orsinger.

Redaptive: $650 Million Credit Facility Deal Signed With CDPQ And Nuveen

By Amit Chowdhry ● May 11, 2025

Redaptive, a leading Energy-as-a-Service (EaaS) provider, announced the closing of a $650 million (C$903 million) credit facility from CDPQ, a global investment group, and Nuveen (the investment manager of TIAA). This deal strengthens Redaptive's ability to scale its innovative platform, meet accelerating customer demand, and deliver measurable business value through energy efficiency, renewable generation, and data-driven building performance.

Qlik: Significant Investment Raised For AI-Based Enterprise Platform

By Amit Chowdhry ● May 11, 2025

Qlik, a leader in data integration, data quality, analytics, and AI, announced the closing of a previously disclosed significant minority investment led by a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). As part of the deal, Thoma Bravo, remains Qlik’s majority owner and has made a new equity investment alongside ADIA. And a group of institutional investors have also co-invested. Originally signed in November 2024, the transaction has now received all necessary regulatory approvals.

Campus Ink: Strategic Investment Raised From High Street

By Amit Chowdhry ● May 11, 2025

Campus Ink is a company that has emerged as a leader in collegiate merchandise and NIL monetization. It utilizes technology to transform how student-athletes build their brands and generate income. High Street Equity Partners has invested in Campus Ink.

EY: New Solution Launched For Accelerating Enterprise Operations With SAP S/4HANA Cloud

By Amit Chowdhry ● May 11, 2025

The EY organization announced the launch of a new Integrated Finance Managed Service solution to help organizations accelerate their enterprise transformation. This end-to-end service model will use leading cloud solutions from SAP across functions for human resources, payroll, finance operations, controllership, financial planning and analysis, treasury and tax, and application management.

Wonder Raises $600 Million To Expand The Mission Of Super Mealtime App

By Amit Chowdhry ● May 11, 2025

Wonder founder and CEO Marc Lore announced that the company has raised $600 million in additional funding to expand and further its goal of creating the super app for mealtime. This funding included participation from major existing shareholders, led by New Enterprise Associates (NEA), Accel, GV (Google Ventures), Forerunner, and further investment from strategic investors, including Amex Ventures.

Koala Health: $20 Million Series B Raised For Transforming Chronic Pet Medication Delivery

By Amit Chowdhry ● May 11, 2025

Koala Health, a pet health company focused on transforming the healthcare experience, announced the closing of a $20 million Series B funding round led by Valspring Capital.

Fusion Connect: $85 Million Term Loan Secured From Hark Capital

By Amit Chowdhry ● May 11, 2025

Fusion Connect, a leader in cloud communications services, announced that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million.

SimpleClosure: $15 Million Series A Raised To Simplify Shutting Down A Business

By Amit Chowdhry ● May 11, 2025

SimpleClosure, a company that builds a platform for shutting down a startup, announced it has raised $15 million in Series A funding. TTV Capital led the funding, which includes participation from existing investors Infinity Ventures, Anthemis Global, Foxe Capital, and Vera Equity, new investors The LegalTech Fund and Carta, and additional angels. This new funding round brings SimpleClosure’s total funding to over $20 million.

Tobin Scientific: $65 Million Raised For Advancing Life Sciences Platform

By Amit Chowdhry ● May 11, 2025

Tobin Scientific, a provider of cGMP storage, biorepository services, and specialized logistics for the life sciences industry, announced that it has closed a significant capital raise to support its next growth phase. Denali Growth Partners and Truck 9 Partners led this minority growth equity investment, and Eastern Bank provided a comprehensive financing package to support Tobin Scientific's growth plans.

Carta Healthcare: $18.25 Million Series B1 Funding Raised For Advancing Clinical Data Abstraction

By Amit Chowdhry ● May 11, 2025

Carta Healthcare, a provider of AI-based clinical data abstraction, announced it has secured $18.25 million in Series B1 financing. The funding was led by UPMC Enterprises, with participation from new strategic investors, including MemorialCare Innovation Fund, Rex Health Ventures (the investment fund for the UNC Health), Tampa General Hospital Ventures and support from existing investors Memorial Hermann Health System, Frist Cressey Ventures, Storm Ventures, Paramark Ventures, CU Healthcare Innovation Fund, and Mass General Brigham Ventures.

Wonderskin: $50 Million Series A Raised For Advancing Retail Expansion

By Amit Chowdhry ● May 11, 2025

Wonderskin, an innovative beauty brand behind TikTok's viral peel-off Wonder Blading Lip Stain Masque and many other tech-infused cosmetic products, announced it has secured a $50 million minority investment in its Series A funding round. The funding round was led by Insight Partners, a top-tier global venture capital and private equity firm known for backing high-growth companies like Shopify, Quince, Prose, The Farmer's Dog, and others.

PAQ Therapeutics: $39 Million Series B Raised To Address KRAS-Driven Cancers With High Unmet Need

By Amit Chowdhry ● May 11, 2025

PAQ Therapeutics, a biotechnology company that is developing best- and first-in-class KRAS degraders for patients with lethal cancers lacking effective treatment options, today announced the completion of its $39 million Series B funding. The Series B funding round was co-led by Bayland Capital and MRL Ventures Fund (MRLV), with participation from Johnson & Johnson Innovation – JJDC, Inc. (JJDC), LAV Fund, BioTrack Capital, and existing investor Sherpa Health Partners.

Inductive Bio: $25 Million Series A Closed To Transform Small Molecule Drug Discovery

By Amit Chowdhry ● May 11, 2025

Inductive Bio, a company democratizing AI models to transform small molecule drug discovery, announced that it has raised $25 million in Series A funding led by Obvious Ventures with participation from Andreessen Horowitz (a16z) Bio + Health, Lux Capital, S32, Character, and Amino Collective, alongside angel investors including Oren Etzioni, Jeff Hammerbacher, Malay Gandhi, and Jakob Uszkoreit.

OX Security: $60 Million Series B Raised For Application Security Platform

By Amit Chowdhry ● May 11, 2025

OX Security, a leader in Application Security, announced $60 million in Series B funding. The round was led by DTCP and included IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. The company recently hit $10 million in sales and more than tripled its customer base over the past year.

K&L Gates: Tanya Denning Named As Partner In Brisbane

By Amit Chowdhry ● May 10, 2025

K&L Gates announced it has hired Tanya Denning as a partner in the Energy, Infrastructure, and Resources practice. She joined the firm’s Brisbane office from Baker McKenzie, where she was the Brisbane office managing partner and co-head of the Australian Energy team.

Performance Equity: Fifth Fund Closed With $383 Million In Commitments

By Amit Chowdhry ● May 10, 2025

Performance Equity Management (a Sagard partner) announced the final closing of its fifth co-investment fund, Performance Direct Investments V (PDI V), which was above its $300 million target at $383 million. The investors include public and corporate pension plans, university endowments, private foundations, insurance companies, family offices, and ultra-high-net-worth individuals.

Clifford Chance: Reuven Falik Named As Partner In New York

By Amit Chowdhry ● May 10, 2025

Clifford Chance announced it has hired Reuven Falik as a partner in the firm's US Tax, Pensions and Employment (TPE) group, enhancing its domestic executive compensation offering. Falik will also serve as Co-Chair of the US Executive Compensation practice alongside senior counsel Howard Adler.

DLA Piper: Maria Alejandra del-Cerro And Elyssa Kutner Join As Partners In DC Office

By Amit Chowdhry ● May 10, 2025

DLA Piper announced that Maria Alejandra “Jana” del-Cerro and Elyssa Kutner will join the firm as partners in the National Security and Global Trade Practice. They will be based in the Washington, DC, office.

March Biosciences: Interview With Co-Founder & CEO Sarah Hein About The Cell Therapy Company

By Amit Chowdhry ● May 9, 2025

March Biosciences is a clinical-stage cell therapy company with a mission to transform patient care in the most challenging hematological malignancies. Pulse 2.0 interviewed March Biosciences co-founder and CEO Sarah Hein to learn more about the company.

Blackstraw AI: Interview with Founder & CEO Atul Arya About Fast-Tracking AI Projects

By Amit Chowdhry ● May 9, 2025

Blackstraw is a leading digital transformation provider specializing in delivering innovative data and artificial intelligence solutions to clients across various industries. Pulse 2.0 interviewed Blackstraw founder and CEO Atul Arya to learn more about the company.

Coinbase To Buy Deribit In $2.9 Billion Deal

By Amit Chowdhry ● May 9, 2025

Coinbase announced it has entered into an agreement to acquire Deribit, the world's leading crypto options exchange with about $30 billion of current open interest. This strategic deal significantly advances Coinbase’s derivatives business, establishing the company as the premier global platform for crypto derivatives.

Haut.AI: Interview With Founder & CEO Anastasia Georgievskaya About The Skincare AI Company

By Amit Chowdhry ● May 9, 2025

Haut.AI is an industry-leading global artificial intelligence company that specializes in skincare and longevity. Pulse 2.0 interviewed Haut.AI CEO and founder Anastasia Georgievskaya to learn more about the company.

Sett: $27 Million Series A Secured For Gaming-Focused Agentic AI Platform

By Amit Chowdhry ● May 9, 2025

Sett, an Agentic AI platform for mobile gaming studios, announced it has emerged from stealth with a $15 million Series A funding round led by Bessemer Venture Partners, along with Saga VC, F2 Venture Capital, Vgames, and gaming kingpin Akin Babayigit (Arcadia Gaming Advisors, Tripledot).

AcquireROI: Funding Secured From Decathlon Capital Partners

By Amit Chowdhry ● May 9, 2025

AcquireROI, a provider of performance-driven talent acquisition and recruitment marketing solutions headquartered in Fort Worth, Texas, announced it has secured a growth loan from Decathlon Capital Partners.

Glide: $15 Million Series A Raised For Embedded Fintech Platform

By Amit Chowdhry ● May 9, 2025

Glide, an embedded fintech platform helping traditional financial institutions compete in a digital-first world, announced a $15 million Series A funding round. Acrew Capital led the round, which was also participated in by Pear VC, Pathlight Capital, and strategic angels including Claire Hughes Johnson (former COO of Stripe), Paul Williamson (former CRO of Plaid), and Arash Ferdowsi (co-founder of Dropbox).

BKV And Copenhagen Infrastructure Partners: Carbon Capture JV Announced With $500 Million Investment

By Amit Chowdhry ● May 9, 2025

BKV announced the formation of a strategic joint venture between BKV dCarbon Ventures (BKV’s wholly-owned subsidiary) and Copenhagen Infrastructure Partners (CIP), on behalf of its Energy Transition Fund I, to expand BKV’s portfolio of carbon capture, utilization, and sequestration (CCUS) projects.

Clarium: $27 Million Series A Raised For Scaling AI-Based Healthcare Supply Chain Resiliency Platform

By Amit Chowdhry ● May 9, 2025

Clarium, a market-leading AI-powered healthcare supply chain resiliency platform, announced a $27 million Series A funding round from Northzone. Existing investors, including General Catalyst, AlleyCorp, Kaiser Permanente Ventures, Texas Medical Center Ventures, and 1984 Ventures, participated in the round, which brings Clarium's total funding to date to $43 million.

Jozu: $4 Million Raised For Scaling Enterprise AI Orchestration Platform

By Amit Chowdhry ● May 9, 2025

Jozu, a company building enterprise-grade orchestration tools for AI applications, announced it has raised $4 million in seed funding. HalfCourt Capital led the round, which also included Mozilla Ventures, BrightSpark, AlleyCorp, Sentiero, and Union Bay Partners.