Archives

Macquarie Asset Management announced it has acquired a majority stake in DynaGrid Holdings, one of the largest US utility service providers focused on maintaining, upgrading, and building transmission and substation infrastructure. DynaGrid is headquartered in Dallas and primarily operates across the Sunbelt and the Midwest.

Rise Growth Partners, a wealth management firm for growth-oriented registered investment advisors (RIAs), announced its second strategic minority investment, backing Grimes & Company.

Menlo Security, an industry leader of Secure Enterprise Browsers, announced the acquisition of Votiro, a data and file security platform that specializes in advanced Content Disarm & Reconstruction (CDR) and data loss prevention. And Menlo Security and Votiro will enable enterprises to quickly and easily implement data security best practices without slowing employee and business productivity.

Keychain, an AI-based manufacturing platform transforming the consumer packaged goods (CPG) industry, announced an additional $5 million investment led by Bright Pixel Capital, the VC arm of the European retail conglomerate Sonae. This funding comes as Keychain takes its core search and discovery product out of beta and introduces new platform capabilities.

Mitratech is a global technology partner that empowers corporate legal, risk and compliance, and HR professionals to maximize productivity, control expenses, and mitigate risk by deepening operational alignment and increasing collaboration and visibility across their organizations. Pulse 2.0 interviewed Alastair Parr, Mitratech’s Executive Director of GRC Solutions, to learn more about the company.

Macquarie Asset Management (MAM), Galehead Founders (GDF), Galehead Development, and Treaty Oak Clean Energy announced that MAM will acquire from GDF the remaining controlling interests in Galehead via ­­funds managed by MAM. This investment will enable Galehead to become a subsidiary of Treaty Oak, a leading US independent power producer (IPP) owned by MAM-managed funds.

Behavox, an AI insights company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses, announced the acquisition of Mosaic Smart Data, a tech company enabling financial institutions to extract actionable intelligence from their transaction data.

CHG Healthcare, a leading staffing agency specializing in physician recruitment, announced it has acquired CareerMD, a career management platform offering both digital and live events to help clinicians find their first job out of training.

Digit, a B2B SaaS company creating a next-generation cloud inventory and manufacturing platform for small and mid-sized manufacturers, announced the closing of a $2.5 million oversubscribed seed round. Assembly Ventures led the funding round, which also included Hyde Park Angels (HPA) and Grand Ventures.

DoubleVerify - a leading software platform for digital media measurement, data, and analytics - announced that it has entered into an agreement to acquire Rockerbox, a leader in marketing attribution. Rockerbox’s unified marketing measurement platform provides actionable insights powered by Multi-Touch Attribution (MTA), Marketing Mix Modeling (MMM), and Incrementality Testing solutions. The acquisition of Rockerbox is a cash transaction valued at $85 million.

Incept AI, a company bringing voice AI to the real world—starting with noisy restaurant drive-thru and phone orders—today announced a $3 million pre-seed round led by Rally Ventures, with participation from 10VC.

SkyWater Technology has agreed with Infineon Technologies for SkyWater to purchase Infineon’s 200 mm fab in Austin, Texas (Fab 25) and a corresponding long-term supply agreement. And SkyWater will operate the fab as a foundry, increasing available capacity in the U.S. for foundational chips on nodes from 130 to 65 nanometers, which is critical for many industrial, automotive, and defense applications.

Turing, a leader in AI-based water management solutions, announced the successful completion of a $14 million funding round led by Safar Partners. This funding will advance Turing’s global expansion and enhance its flagship AI-based platforms TOP Clear — which provides end-to-end digital solutions for the utility sector, from water and wastewater treatment to networks and SmartOps AI (its exclusive water management platform for industrial treatment).

HouseWhisper, an AI-based assistant transforming how real estate professionals manage their workflow, announced its official launch and raised a $6.7 million seed round led by Mayfield, with participation from PSL Ventures and 75 and Sunny Ventures.

Adaptive Insurance - a Texas-based climate resiliency company harnessing advanced AI and climate data to redefine climate based parametric insurance - announced it has successfully closed a $5 million seed funding round. Led by Congruent Ventures, with additional investments from Montauk Climate, Generation Space (US arm of Seraphim Space), and private funders, the funding will advance the nationwide rollout of Adaptive Insurance's innovative parametric insurance products, starting with its flagship product GridProtect.

SmartSuite, a next-generation work management platform, announced a major global expansion driven by $38 million in funding. The latest funding includes a new $13 million Series A round led by Canapi Ventures, with participation from Sorenson Capital and High Alpha.

Flywire, a global payments enablement and software company, has acquired Sertifi, a vertical software and payments platform digitizing hospitality-specific workflows and associated payments.

Whistle Express, a leading brand in the rapidly evolving car wash industry, announced it has signed a definitive agreement to acquire Take 5 Car Wash from Driven Brands. Upon closing of the deal, which is subject to customary closing conditions, the combined entity will operate 530 locations across 23 states, making it the largest express car wash company in the US.

LongRange Capital - a private equity firm with a longer-term and customer-centric orientation to building and growing middle market businesses - announced that it has entered into a definitive agreement to acquire all of the equity interests in US Synthetic Corporation from ChampionX.

Thermo Fisher Scientific, a world leader in serving science, announced that the company has entered into a definitive agreement with Solventum to acquire Solventum’s Purification & Filtration business for about $4.1 billion in cash.

Validose, a 10XBeta Venture Studio portfolio company pioneering precision medication delivery, announced recently the closing of a $2 million pre-seed funding round. The funding round was led by Peter Bauer’s Family Office as part of its Technology for Humanity strategy, 10XBeta, and Interstate Fusion Ventures; several angel investors participated.

Human.org - a product-based AI safety lab dedicated to solving AI Alignment (AIA) - announced $7.3 million in pre-seed funding to build a trust infrastructure that ensures AI agents are verifiably aligned with human intent. Backed by investors like HF0, Soma Capital, Spearhead, Pioneer Fund, Hummingbird VC, Brett Gibson, general partner at Initialized Capital, Val Vavilov, founder of Bitfury, James Tamplin, partner at HF0, Sheridan Clayborne, co-founder at Lendtable, and others leading angles. Plus, Human is developing a layer 1 blockchain that establishes provable identity for humans and AI agents, ensuring AI systems remain transparent, accountable, and under human control. The company plans to launch its protocol by the second quarter of 2025.

Totem, an ascending startup known for its viral debut product, the Totem Compass, announced that it has closed a pre-seed funding round, raising $1.3 million from a group of assorted angel investors worldwide.

Doceree is the first global network of physician-only platforms for programmatic marketing. Pulse 2.0 interviewed Doceree founder and Global CEO Dr. Harshit Jain to learn more about the company. 

Bitwise Asset Management, a crypto-specialist asset manager with over $12 billion in client assets, announced the completion of a $70 million equity raise. The funding round was led by Electric Capital, with participation from MassMutual, Highland Capital, MIT Investment Management Company, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors, Nikesh Arora, and others.

Quantum Machines (QM), a leading provider of advanced quantum control solutions, announced it has raised $170 million in Series C funding, bringing the company's total funding to date to $280 million. This highly oversubscribed round, led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners, and existing investors, marks one of the biggest rounds of funding in the quantum industry.

NanoPhoria, a pre-clinical stage biotech company developing a versatile and non-viral drug delivery platform based on inorganic nanoparticles with a lead product for heart failure treatment, announces the investment commitment of €17.5 million from the European Innovation Council’s (EIC) Accelerator program, including a grant of €2.5 million and a conditional equity investment of up to €15 million.

Checkmk, a German IT infrastructure monitoring vendor, announced a strategic partnership with PSG Equity, a leading growth equity firm that partners with software and technology-enabled services companies to drive transformational growth.

Aegis, a company developing a bitcoin-backed stablecoin independent from the fiat banking system, announced it has emerged from stealth with a $2 million fundraise led by on-chain DAO Dewhales and supported by Profluent Ventures and prominent angel investors with track records of investments in leading companies, including Uniswap, Stellar, Sky (formerly known as MakerDAO), Paradigm, Deribit, BCB, GVol (Amberdata), Hidden Road, xAI, and Apptronik.

Opal, a SaaS platform designed to automate agency back-office operations, announced $1.5 million in pre-seed funding. Founders Co-op led the funding round with support from Exit North Ventures. This funding will advance the development of “Opal Spend,” an ad-spend platform built to seamlessly connect ad-spend with accounting, invoicing, and contract management.