Archives

Teleo: $16.2 Million (Series A Extension) Raised To Build Autonomous Technology For Heavy Equipment

By Amit Chowdhry ● Nov 21, 2024

Teleo, a company building autonomous technology for heavy equipment, today announced it has raised $16.2 million in Series A extension funds along with the company's previously announced Series A funding round. The company will use the funds to scale customer deployments and continue its expansion in new industries that use heavy machinery, such as wheel loaders, terminal tractors, excavators, etc.

Frazier Healthcare Partners: $2.3 Billion 11th Growth Buyout Fund Closed

By Amit Chowdhry ● Nov 21, 2024

Frazier Healthcare Partners, a dedicated healthcare private equity firm, announced the closing of its latest flagship fund, Frazier Healthcare Growth Buyout Fund XI, L.P. (FHGB XI). FHGB XI was significantly oversubscribed, hitting a hard cap of $2.3 billion of limited partner commitments in six months. FHGB XI will focus on acquiring controlling interests in middle-market healthcare companies.

Skypointer: Family Office Focused Fund Closed At $30 Million

By Amit Chowdhry ● Nov 21, 2024

Skypointer Capital, a firm operated by a dedicated management team with experience across the investment and operational lifecycle, announced the closing of its first venture capital fund, reaching a total of $30 million to invest in the global technology sector.

Veriff: Interview With CTO Hubert Behaghel About The Online Identity Verification Company

By Amit Chowdhry ● Nov 21, 2024

Veriff is an industry leader in online identity verification, helping businesses achieve greater levels of trust. Pulse 2.0 interviewed Veriff CTO Hubert Behaghel to learn more about the company.

Aquaria: $112 Million Raised To Build Communities With Water From The Sky

By Amit Chowdhry ● Nov 21, 2024

Aquaria, a company building communities and cities supplied with water from the sky, announced it secured $112 million to build the future of water infrastructure. Investors include Mistletoe, Ciri Ventures, Soma Capital, HF0, Bow Capital, Umami Capital and former House Majority Leader Dick Gephardt. As part of the funding, Aquaria has signed an agreement with Upwell Water to provide $100 million to facilitate the deployment of Aquaria's solutions to qualifying projects.

tutch: Interview With CEO Greg Jones About Bridging the Gap Between Online And In-Store Retailing

By Amit Chowdhry ● Nov 21, 2024

tutch is an in-store digital platform that gives shoppers access to every product in a retailers’ product ecosystem, and empowers them to shop how they want. Pulse 2.0 interviewed tutch CEO Greg Jones to learn more about the company.

Theo Ai: Litigation Platform Company Raises $2.2 Million (Pre-Seed)

By Amit Chowdhry ● Nov 21, 2024

Theo Ai, the first predictive AI platform for litigation, announced $2.2 million in pre-seed funding. NextView and NVP Capital co-led the round, which also included Ripple Ventures, Beat Ventures, and SCVC Fund.

Lean Technologies: Riyadh-Based Fintech Infrastructure Company Raises $67.5 Million (Series B)

By Amit Chowdhry ● Nov 21, 2024

Lean Technologies, a Riyadh-based fintech infrastructure platform, announced it had raised $67.5 million in Series B funding led by General Catalyst. Bain Capital Ventures, Stanley Druckenmiller’s Duquesne Family Office, Arbor Ventures, and JIMCO also participated in the round. This brings Lean’s total funding to over $100 million.

Rain Technology: Interview With CEO Robert Ramsey, Ph.D. About The Display Technology Innovator

By Amit Chowdhry ● Nov 21, 2024

Rain Technology is a display technology innovator that has created the world’s most advanced directional and switchable privacy display technology and licenses its IP to tier one manufacturers and supply chain partners of laptops and monitors, smartphones, point-of-sale systems (POS), ATMs, automotive displays, AR/VR devices, etc. Pulse 2.0 interviewed Rain Technology Chief Executive Officer Robert Ramsey to learn more about the company.

Ferment: $20 Million Studio Fund Raised To Translate Biology Into Products

By Amit Chowdhry ● Nov 21, 2024

Ferment, a venture studio creating bio-enabled product companies, announced it had launched a new $20 million studio fund to rapidly translate biology into products that solve targeted problems across sectors, including energy, agriculture, materials, and health.

Federato: AI-Based Underwriting Platform Company Raises $40 Million (Series C)

By Amit Chowdhry ● Nov 21, 2024

Federato, an AI-native underwriting platform for insurance, announced that it has raised a total of $80 million, including its latest Series C funding round. This $40 million round was led by global private markets investor StepStone Group, with participation from existing investors, including Emergence Capital, Caffeinated Capital and Pear VC.

Cardo AI: Asset-Based Finance And Private Credit Technology Platform Company Secures $15 Million (Series A)

By Amit Chowdhry ● Nov 21, 2024

Cardo AI, a next-generation asset-based finance and private credit technology platform, announced it has completed its $15 million Series A round. The funding was co-led by Blackstone Innovations Investments, Blackstone's early-stage strategic investment arm, FINTOP Capital, and JAM FINTOP. Andy Horwitz and Kevin MacDonald, co-founders of Black Mountain Systems, also participated in the round.

Cortechs.ai: Funding Round Raised To Transform AI-Based Neuroimaging And Oncology Solutions

By Amit Chowdhry ● Nov 21, 2024

Cortechs.ai, a leader in AI-based neuroimaging and prostate imaging solutions, is pleased to announced the closing of an oversubscribed Series C funding round led by VILAS Ventures. And existing investor Genting Berhad, a global conglomerate, participated in the round as well.

CalmWave: $5.25 Million Raised To Improve Health Systems

By Amit Chowdhry ● Nov 21, 2024

CalmWave - the creator of the Quiet ICU - announced that it has closed a $5.25 million financing round led by Third Prime with participation from Catalyst by Wellstar, Silver Circle, Rebellion, Impulsum, and existing investors Bonfire Ventures, Tau Ventures, and Hike Ventures. And CalmWave will use the new capital to accelerate market penetration and strengthen and expand its GPO channel partnerships, including Premier and Partners Coop.

Monkey Tilt: Entertainment And Online Gaming Company Secures $30 Million (Series A)

By Amit Chowdhry ● Nov 21, 2024

Monkey Tilt, a platform pioneering a new era of entertainment and online gaming experiences, announced $30 million in Series A funding. Launched in March 2024, Monkey Tilt is creating the next frontier of gaming and bringing together the most trusted executives and voices across the industry to deliver a modern gaming experience.

Dash Bio: Interview With Co-Founder & COO Ander Tallett About The Clinical Bioanalysis Company

By Amit Chowdhry ● Nov 21, 2024

Dash Bio is a company that is transforming clinical bioanalysis to expedite drug development. By utilizing AI and robotics, the company delivers higher-quality assays with turnaround times up to 10 times faster than the industry average for clinical trials and GLP studies. Pulse 2.0 interviewed Dash Bio co-founder and COO Ander Tallett to learn more about the company.

Sama: Interview With CEO Wendy Gonzalez About The AI-Based Data Annotation And Model Evaluation Leader

By Amit Chowdhry ● Nov 21, 2024

Sama is a global leader in ethical data annotation and model evaluation solutions for computer vision, generative AI, and other major applications of artificial intelligence. Pulse 2.0 interviewed Sama CEO Wendy Gonzalez to learn more about the company.

Generate Capital: $1.2 Billion In Corporate Credit Facilities Secured

By Amit Chowdhry ● Nov 20, 2024

Generate Capital - a leading sustainable infrastructure investment firm - announced a $1.2 billion revolving credit facility and term loan to support its goal of becoming the capital partner for the infrastructure transition. This deal demonstrates strong support from financial markets for Generate’s leading model of building, owning, operating, and investing in the assets and companies delivering the increased demand for sustainable infrastructure solutions.

LPL Onboards $410 Million Nexus Wealth Partners Team

By Amit Chowdhry ● Nov 20, 2024

LPL Financial announced that the financial advisors at Nexus Wealth Partners have joined its broker-dealer, RIA, and custodial platforms. They reported serving approximately $410 million in advisory, brokerage, and retirement plan assets, joining LPL from Osaic.

SportAI: Interview With CEO Lauren Pedersen About The B2B Sports Technology Company

By Amit Chowdhry ● Nov 20, 2024

SportAI is a B2B sports technology company based in Oslo, Norway, that utilizes AI to provide real-time sports technique analysis. And the company focuses on using computer vision and machine learning to democratize access to elite-level analysis for businesses across the sports industry. Pulse 2.0 interviewed SportAI CEO Lauren Pedersen to learn more about the company.

Patlytics: AI-Based Patent Workflow Platform Reveals Significant Company Growth

By Amit Chowdhry ● Nov 20, 2024

Patlytics, an AI-based patent workflow platform, announced significant company growth, such as commercial traction from AM100 firms and global enterprise customers, new product upgrades, and additional funding led by Myriad Venture Partners.

C8 Health: Interview With Founder & CEO Galia Rosen Schwarz About The Clinical Resource Management Company

By Amit Chowdhry ● Nov 20, 2024

C8 Health is a company dedicated to enhancing healthcare delivery by providing comprehensive solutions for managing clinical resources and reducing variability in care. Pulse 2.0 interviewed C8 Health founder and CEO Galia Rosen Schwarz to learn more about the company.

Tokamak Energy: $125 Million Raised To Commercialize Fusion Energy

By Amit Chowdhry ● Nov 20, 2024

Tokamak Energy announced it has raised $125 million to accelerate plans to commercialize fusion energy and grow its transformative high temperature superconducting (HTS) technology solution, TE Magnetics.

INITIATE Ventures: $45 Million Closed For Funding Health Tech And Life Sciences Companies

By Amit Chowdhry ● Nov 20, 2024

INITIATE Ventures announced the closing of $45 million in its debut venture capital fund and affiliated company creation platform. And INITIATE invests in and co-founds transformative companies at the intersection of healthcare, life sciences, and technology. The fund was designed to enable bold ideas and exceptional entrepreneurs, utilizing the expertise of its experienced investor-operator team.

Twine: Cybersecurity Company Raises $12 Million (Seed)

By Amit Chowdhry ● Nov 20, 2024

Twine - a US and Israel-based cybersecurity company, announced $12 million in seed funding co-led by Ten Eleven Ventures and Dell Technologies Capital, with participation from angel investors including the founders of Wiz.

Citizen Health: $14.5 Million (Seed) Raised For Transforming Health Experiences

By Amit Chowdhry ● Nov 20, 2024

Citizen Health, an AI-based consumer health platform designed to support 400+ million individuals managing rare and complex conditions, announced the closing of a $14.5 million seed round. This funding round was led by Transformation Capital, with participation from Wavemaker 360 and prominent angel investors. This fundraising is further strengthened by a strategic program investment and partnership with the Chan Zuckerberg Initiative (CZI).

Distyl: AI-Based Automation Company Raises $20 Million (Series A)

By Amit Chowdhry ● Nov 20, 2024

Distyl announced it has raised $20 million in Series A funding to drive its growth and to meet the accelerating demand from its Fortune 100 customers. This funding round adds Lightspeed Venture Partners, who led the round, and Khosla Ventures. And existing investors Coatue, Dell Technologies Capital, and Nat Friedman also joined, along with strategic and angel investors.

Osyte: $4 Million (Seed) Secured For Driving AI-Based Investment Automation

By Amit Chowdhry ● Nov 20, 2024

Osyte (pronounced O-Sight), the developer of an AI-based multi-asset portfolio management technology, announced the closing of its $4 million seed round. This additional funding will enable Osyte to expand its go-to-market capabilities, accelerate its AI product roadmap, and scale its client management team to meet growing demand.

Kintsugi AI: Tax Automation Platform Company Raises Series A Funding

By Amit Chowdhry ● Nov 20, 2024

Kintsugi AI, a tax automation platform, announced that it has extended its Series A with an additional investment from Airwallex, bringing the total funding to $10 million. The company’s previous investors include GSRVentures, WestWave Capital, Link Ventures, Venture Highway, KyberKnight, Plug and Play, and DeVC.

Soaak Technologies: Grant Received From The Oklahoma Center For The Advancement Of Science And Technology

By Amit Chowdhry ● Nov 20, 2024

Soaak Technologies - an industry leader in AI-driven sound frequency therapies and biodigital wellness solutions - announced it has been awarded a $497,500 grant from the Oklahoma Center for the Advancement of Science and Technology (OCAST) under its Industry Innovation Program. This non-dilutive funding supports Soaak's continued goal of providing biodigital solutions while fueling job creation and economic growth in Oklahoma.