Archives

STAX Engineering: $70 Million Raised For Maritime Emissions Capture And Control

By Amit Chowdhry ● Feb 28, 2025

STAX Engineering, a leader in maritime emissions capture and control, announced $70 million in funding led by Firstime Credit and Deutsche Bank Private Credit & Infrastructure. It also launched new carbon capture trials with Seabound, a leader in onboard carbon capture technology.

Claros: $9.75 Million Raised For Optimizing Power Delivery For AI

By Amit Chowdhry ● Feb 27, 2025

Red Cell Partners - an incubation firm building and investing in rapidly scalable and technology-led companies that are bringing transformative advancements to market in cyber, national security, and healthcare, announced the public launch of Claros, a power management platform company that’s utilizing innovative hardware and software to optimize energy delivery and consumption at data centers to increase computing performance and maximize efficiency. The company has emerged from stealth with $9.75 million in initial funding from Red Cell Partners, General Catalyst, Virginia Innovation Partnership Corporation (VIPC)’s Virginia Venture Partners, Composite Capital Partners, and others.

Porosity: $2.9 Million Secured For Field Automation Workflow Platform

By Amit Chowdhry ● Feb 27, 2025

Porosity is a field workflow automation company that addresses the uncertain pricing environment and increased investor pressure to maximize efficiency in the oil and gas industry. The company raised $2.9 million and named Philip Richard its new CEO. Flybridge Capital led the funding round, which included additional investment from Bienville Capital, Correlation Ventures, and Collaborative Fund. The funding will accelerate Porosity’s growth and expand its AI-driven solutions for maintenance and compliance automation.

Jurimesh: €1.6 Million (Pre-Seed) Secured To Advance AI-Based Legal Due Diligence

By Amit Chowdhry ● Feb 27, 2025

Jurimesh announced it has raised €1.6 million in pre-seed funding, led by Syndicate One and joined by several business angels. This funding will help refine its AI-driven due diligence platform and accelerate its European expansion. Syndicate One is a Belgian founder-led fund backing early-stage tech startups. Additional investors include business angels such as Matthias Geeroms (Lighthouse), Jeroen De Wit (Teamleader), Roeland Delrue (Aikido), Michiel Bearelle (Officient, Vendorvue), Kris Moeremans (Intersentia), Marc Coppens (Yuki), Koen Vandaele (Deloitte), Anthony De Clerck (Dovesco), Michiel Denis (Aikido, former Henchman), and others.

Ethos: $6 Million Raised For Model Risk Management Platform

By Amit Chowdhry ● Feb 27, 2025

Ethos, a modern model risk management platform, announced a seed investment of $6 million to become the gold-standard platform enabling financial institutions and fintechs to confidently manage model risk. This funding round was led by Canapi Ventures, with participation from Capital One Ventures and Better Tomorrow Ventures.

Skylo: $30 Million Raised For Scaling Direct-to-Device Satellite Service

By Amit Chowdhry ● Feb 27, 2025

Skylo, a company powering commercially available and seamless direct-to-device satellite connectivity, announced a $30 million oversubscribed funding round led by NGP Capital. And Westly Group joined the round, and existing investors Intel Capital, BMW i Ventures, Samsung Catalyst Fund, Next47, and others also participated.

White Oak Closes New Multicurrency Credit Facility Of Up To $125 Million From Wells Fargo

By Amit Chowdhry ● Feb 27, 2025

White Oak Commercial Finance (WOCF) and White Oak Europe (WOE), affiliates of White Oak Global Advisors announced the closing of a new multicurrency credit facility of up to $125 million from Wells Fargo. This new facility will allow WOCF and WOE to finance UK- and Irish-based sponsored and non-sponsored borrowers and UK and Irish affiliates of US borrowers. And WOCF and WOE will originate new ABL transactions that can be funded under this facility. WOCF will service this facility from the US.

Blackstone Signs C$500 Million ABF Deal With Element Fleet Management

By Amit Chowdhry ● Feb 27, 2025

Element Fleet Management, which is the largest publicly traded, pure-play automotive fleet manager in the world, and funds managed by Blackstone Credit & Insurance, through its Infrastructure & Asset-Based Credit group announced the establishment of a strategic funding relationship involving a portfolio of Canadian fleet lease receivables valued at about C$500 million.

Taktile: $54 Million (Series B) Raised For Decision Automation Platform

By Amit Chowdhry ● Feb 27, 2025

Taktile – a category-defining decision automation platform – announced it has raised $54 million in a Series B funding round to continue empowering fintech and financial institutions' teams to optimize their risk management strategies across the entire customer lifecycle. Balderton Capital led the funding round, which included existing investors Index Ventures, Tiger Global, Y Combinator, Prosus Ventures, Visionaries Club, and Larry Summers, former US Secretary of the Treasury. Taktile has raised a total of $79 million to date.

Reddy: $2 Million Raised For AI-Based Customer Experience Platform

By Amit Chowdhry ● Feb 27, 2025

Reddy, an AI-based company that provides enterprise Customer Experience (CX) teams with a single platform to train, deploy, and manage their human and AI agents, announced it has raised $2 million in funding. DA Ventures, a firm known for backing high-potential early-stage startups, led the round, which was joined by other venture capital firms with deep CX domain expertise and strategic angel investors.

Nokod Security: Interview With Co-Founder & CEO Yair Finzi About The Application Security Company

By Amit Chowdhry ● Feb 27, 2025

Nokod Security delivers a security platform for no-code, Robotic Process Automation (RPA), and AI application development platforms. Pulse 2.0 interviewed Nokod Security co-founder and CEO Yair Finzi to learn more about the company.

Raise: $63 Million Secured For Advancing Blockchain-Powered Gift Card Platform

By Amit Chowdhry ● Feb 27, 2025

Raise, a leader in the global gift market and pioneer in blockchain-powered payments and loyalty, announced the closing of a $63 million funding round. Led by Haun Ventures, the funding round included participation from Amber Group, Anagram, Blackpine, Borderless Capital, GSR, Karatage, Paper Ventures, Pharsalus Capital, Selini Capital, Sonic Boom Ventures, the Web3 Foundation, and notable angels Tekin Salimi, Raj Gokal, and Teddy Gorisse, among others. This latest funding round brings Raise's total to over $220 million, building on prior investments from Accel, Paypal, and New Enterprise Associates (NEA).

Nexera Robotics: $4.5 Million Raised For Scaling Robotic Grasping Technology

By Amit Chowdhry ● Feb 27, 2025

Nexera Robotics, a pioneer in advanced robotic grasping, announced the completion of its latest investment round of $4.5 million, which includes high-caliber investors, including BDC's Industrial Innovation Venture Fund. This funding round marks a significant milestone in Nexera's mission to revolutionize robotic automation across industries through innovative grasping technologies.

Rune Technologies: $6.2 Million (Seed) Raised For Defense And Military Logistics Platform

By Amit Chowdhry ● Feb 27, 2025

Rune Technologies, a defense technology company building software to enable military logistics in contested environments at the tactical and operational levels, announced $6.2 million in seed funding. The funding round was led by Andreessen Horowitz with participation from Point72 Ventures and XYZ Venture Capital and individual investments from several leading defense technology executives including Anduril SVP of Software Gokul Subramanian, Vannevar Labs CEO Brett Granberg, Cape CEO John Doyle, and Forterra CGO Scott Sanders, and others.

Verix: Interview With Co-Founder & CEO Kirthiga Reddy About The Authentication And Verification Platform

By Amit Chowdhry ● Feb 27, 2025

Verix is a groundbreaking authentication and verification platform powered by blockchain and generative AI (GenAI). Pulse 2.0 interviewed Verix co-founder and CEO Kirthiga Reddy to learn more about the company.

Finmo: $18.5 Million (Series A) Secured For Transforming Treasury Management

By Amit Chowdhry ● Feb 27, 2025

Finmo, an all-in-one Treasury Operating System (TOS), announced an oversubscribed $18.5 million Series A funding round, bringing the total funding to $27 million. This funding validates the growing demand for an innovative approach to modern treasury management.

EyePop: Interview With Co-Founder & CPO Andy Ballester About The AI-Based Vision Model Company

By Amit Chowdhry ● Feb 27, 2025

EyePop is a company that transforms how businesses create AI-powered vision models. Pulse 2.0 interviewed EyePop co-founder and Chief Product Officer Andy Ballester to learn more about the company.

VerAI: $24 Million (Series B) Raised For Growing Portfolio Of AI-Based Mineral Discoveries

By Amit Chowdhry ● Feb 27, 2025

VerAI Discoveries, an AI-driven mineral asset company, announced a $24 million first closing of its Series B round. The funding was led by Insight Partners, a global software investor specializing in high-growth technology and software investments, with continued support from existing investors Blumberg Capital, Chrysalix Venture Capital, and Orion Industrial Ventures.

FullEnrich: Data Enrichment Aggregator Company Raises $2 Million (Seed)

By Amit Chowdhry ● Feb 27, 2025

FullEnrich, a global data enrichment aggregator, announced it has raised $2 million in its first seed funding round, led by Flex Capital, M-Fund, Kima Ventures, First Degree, Offord Ventures, and Duro Ventures.

Humanitru: $3 Million Raised To Advance Nonprofit Data Management Platform

By Amit Chowdhry ● Feb 27, 2025

Humanitru, a leading data-driven strategy and engagement platform for mid- to enterprise-level nonprofits, announced it has closed a $3 million fundraising round to accelerate product development, expand its team, and extend its impact to additional mission-driven organizations. This funding round was led by Dogwood Ventures with participation from Meeting Street Capital, the 98, I2BF, Front Porch Venture Partners, and Team Ignite Ventures.

Argonaut Private Equity: Acquisition Of Pryer Aerospace

By Amit Chowdhry ● Feb 27, 2025

Argonaut Private Equity is continuing to grow its Fund V portfolio with its acquisition of Pryer Aerospace. Originally founded in 1965 as Pryer Machine & Tool, Pryer Aerospace supports military aviation, commercial aviation, and space programs with complex aerospace structural assembly components supported by precision machining and sheet metal fabrication capabilities. Their experience includes work with top companies like Blue Origin, Boeing, Cessna, Spirit Aerosystems, Gulfstream, etc.

Marqeta Buying BIN Sponsorship Company TransactPay

By Amit Chowdhry ● Feb 27, 2025

Marqeta, a global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, announced that they have entered into an agreement under which Marqeta will acquire TransactPay. This deal will strengthen Marqeta’s card program management capabilities in the UK and Europe.

RMH Systems: Investment Raised From Rotunda Capital Partners

By Amit Chowdhry ● Feb 27, 2025

Rotunda Capital Partners announced it has invested in RMH Systems, a material handling, packaging, and automation solutions provider. The partnership—formed in collaboration with the Howard family and existing leadership—positions RMH for accelerated growth and expanded market reach.

IonQ To Buy Geneva-Based ID Quantique

By Amit Chowdhry ● Feb 27, 2025

IonQ announced that it has reached a definitive agreement with each of SK Telecom and ID Quantique (IDQ), a leader in quantum safe networking and sensing headquartered in Geneva, Switzerland with offices in Seoul (South Korea), Vienna (Austria), and Boston (USA), to acquire a controlling stake in IDQ. Along with the deal, IonQ expects to enter into a strategic partnership focused on quantum with SK Telecom, the largest wireless telecommunications operator in South Korea.

QuEra Computing: Over $230 Million Raised For Neural-Atom Quantum Computing Platform

By Amit Chowdhry ● Feb 27, 2025

QuEra Computing, a leader in neutral-atom quantum computing, announced it completed a financing of over $230 million. The funding will be used to accelerate the development and production of large-scale and fault-tolerant quantum computers, reinforcing the company’s position at the forefront of quantum innovation.

Swirepay: All-In-One Payment Orchestration Company Raises $3.4 Million (Seed)

By Amit Chowdhry ● Feb 27, 2025

Swirepay announced the closing of its second round of seed funding of $3.4 million, bringing the total amount raised to $5 million. Following a Seed One funding round - which was led by ICICI Bank and Advantage Partners - this second round of funding was led by The Indus Entrepreneurs (TiE) Angels groups based in Silicon Valley, Boston, and Southern California, with additional participation from Aum Ventures, QPaymentZ, Nivesha Ventures, Nurture Growth Fund, and prominent angel investors.

High Definition Vehicle Insurance: $40 Million Fundraise Completed

By Amit Chowdhry ● Feb 27, 2025

High Definition Vehicle Insurance (HDVI), a technology-driven commercial auto insurance provider, announced it has secured $40 million in growth capital, bringing its total funding to over $87 million. The funding round was co-led by existing investors 8VC, Autotech Ventures, Munich Re Ventures, and Weatherford Capital.

71/70 Angels: Ohio Angel Network Launches First Fund

By Amit Chowdhry ● Feb 27, 2025

71/70 Angels, the Ohio angel fund that invests in enterprise software and advanced technology startups nationwide, announced the launch of its first fund to fuel seed-stage startups and close critical funding gaps for high-growth companies.

Gripp: $1.5 Million (Pre-Seed) Raised For Modernizing Agricultural Operations Management

By Amit Chowdhry ● Feb 27, 2025

Gripp, a mobile-first platform revolutionizing agricultural operations management, announced it has raised $1.5 million in pre-seed round funding. Ag Ventures Alliance led the round, which included Two Ravens, Infinity Holding Ventures, C2 Ventures, Tundra Angels, Countryside Angels, DMM Holdings, and Glen Haven Farms.

ServiceNow Buying Quality 360 From Advania

By Amit Chowdhry ● Feb 27, 2025

ServiceNow, an AI-based platform for business transformation, announced the acquisition of the Quality 360 solution from Advania to enhance its strength in the manufacturing industry. Built on ServiceNow, Quality 360 will advance quality management functionality within the ServiceNow Manufacturing Commercial Operations (MCO) solution and enable manufacturers with proactive and data-driven insights to address end-to-end quality issues, helping minimize operational costs and reputational risks.