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OXCCU, a spin-out from the University of Oxford specializing in innovative carbon recycling technologies, has announced the successful completion of a £20.75 million ($28 million) Series B funding round, which was oversubscribed. This funding round attracted a diverse group of new investors, including Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus, and TCVC. Additionally, OXCCU continues to enjoy the support of existing investors, including Clean Energy Ventures, IP Group/Kiko Ventures, Aramco Ventures, Eni Next, Braavos Capital, and the University of Oxford itself. 

Bite Stream, the flagship software platform developed by Bite Investments—an industry-leading provider of innovative technology solutions for the alternative investments sector—has made headlines by securing $25 million in strategic growth capital from NewSpring Growth. This capital comes from NewSpring Capital’s dedicated growth equity strategy, which focuses on investing in rapidly expanding technology companies poised to transform their industries.

Tie, previously known as Revenue Roll, has established itself as a player in the realm of AI-based identity solutions, specifically designed to help e-commerce brands transform their anonymous website visitors into high-value customers. Recently, the company secured a $10 million Series A funding round. This funding was led by Innovating Capital and included contributions from Stage 2 Capital, Hawke Ventures, and several influential angel investors, who feature top executives from notable companies such as Brex and Share Local Media. With this latest investment, Tie has successfully raised a total of $17 million since its inception.

Commcrete, an innovative leader in tactical satellite communication systems, has recently announced that it has secured $29 million in funding through its Seed and Series A investment rounds. The latest funding of $21 million in the Series A round was spearheaded by Greenfield Partners, with notable contributions from Redseed Ventures and existing investors.

Crystalys Therapeutics is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for gout, a condition characterized by high levels of uric acid in the blood that can lead to painful arthritis flare-ups. The company has officially announced its launch, coinciding with a successful $205 million Series A financing round. This substantial funding will focus on addressing the significant unmet medical needs faced by individuals living with gout, aiming to advance the development of effective treatments.

Alex, an innovative AI recruiting partner transforming the way companies identify and hire talent, has made headlines by announcing the successful raising of $20 million in funding. This significant investment includes a $17 million Series A round, which was led by Peak XV Partners. Notably, this round also saw substantial participation from Chief Human Resource Officers (CHROs) of Fortune 500 companies, as well as reputable firms like Y Combinator and Uncorrelated Ventures. Plus, prominent investors such as Tim Sackett, Kris Fredrickson, and Dalton Caldwell have joined in supporting Alex’s mission.

SureCo, an administrator specializing in Individual Coverage Health Reimbursement Arrangements (ICHRA), has announced the successful completion of a $23 million Series A funding round. This funding round was spearheaded by Health Velocity Capital, a notable investment firm in the healthcare sector, with additional participation from Kaiser Permanente Ventures, the venture capital arm of one of the largest integrated healthcare organizations in the United States.

Grow Therapy, a leading mental health platform that provides therapy and psychiatric care both in-person and online, has acquired Neosync, a company known for its expertise in data privacy and security. This deal marks a significant step forward in enhancing Grow's already robust privacy protections and advancing its anonymization technology, which is essential in today's digital landscape. With the integration of Neosync's knowledge and capabilities, Grow aims to set a new standard for safety-first analytics in mental health services.

EdSights, renowned as the first AI-powered platform dedicated to amplifying student voices, recently announced an $80 million strategic growth investment from JMI Equity.

Praxis Solutions has announced a significant expansion through the strategic acquisition of WEALTHAWK, an AI technology platform designed to identify money-in-motion events. This innovative platform enables financial professionals to connect with clients precisely when they need expert financial guidance the most, enhancing the service they provide.

Axon Therapies, a pioneering company in the medical device field, has announced the closure of an oversubscribed $32 million Series A funding round, focused on developing innovative treatments for heart failure. This funding round was co-led by two prominent new investors, Earlybird Venture Capital and Santé Ventures, and saw contributions from existing investor Deerfield Management, as well as fresh investments from CD Capital and KOFA Healthcare.

Valence, the company behind Nadia, which is referred to as the world’s first enterprise AI coach, has recently announced a significant funding milestone, successfully raising $50 million in a Series B funding round led by Bessemer Venture Partners. This investment will enable Valence to develop its product further and expand its reach in the enterprise software market.

Factory has officially announced the launch of Droids—innovative software development agents that have achieved the prestigious #1 ranking on Terminal Bench, a rigorous benchmarking standard recognized by industry-leading tools such as Claude Code and Cursor. This advancement coincides with a successful $50 million Series B funding round, which attracted a consortium of investors, including renowned venture capital firms such as NEA and Sequoia Capital, tech giant NVIDIA, and financial powerhouse J.P. Morgan. Notable angel investors, including Frank Slootman, Nikesh Arora, and Aaron Levie, have also joined this funding round, underscoring their confidence in Factory's vision.

Yasp, a pioneering deep tech startup dedicated to advancing AI technologies, has announced the completion of its $5 million seed funding round, which was led by Capnamic. In addition to Capnamic, participants included Start-up BW Innovation Fonds & MBG BW as well as several seasoned business angels. 

Trismik, an emerging company in the realm of artificial intelligence (AI), has recently announced the completion of a £2.2 million pre-seed financing round. This funding was led by Twinpath Ventures and included participation from notable investors such as Cambridge Enterprise Ventures, Parkwalk Advisors, Fund F, Vento Ventures, and various angel investors associated with Ventures Together.

Light, an innovative AI-native finance platform renowned for its ability to process an astounding 280 million records in under a second, has recently secured $30 million in Series A funding. Balderton Capital spearheaded this funding round, with contributions from other prominent investors, including Atomico, Cherry Ventures, Seedcamp, and Entrée Capital. Notably, several angel investors also joined the round, including Thomas Wolf, the Co-founder and Chief Science Officer of Hugging Face, and Charles Songhurst, a Board Member at Meta.

Alguna is a platform backed by Y Combinator that transforms the processes of pricing, quoting, and billing, specifically for AI, SaaS, and fintech companies. Recently, Alguna announced the closing of a $4 million seed funding round, which was led by prominent venture firms Mango Capital and Atlantic Labs, with additional participation from various successful startup founders and operators who share an interest in streamlining financial processes within B2B organizations.

Yup - which is a Southeast Asia-based digital bank, announced it has successfully concluded its C-1 equity funding round at $32 million. Prominent US investment firms, including Moore Strategic Ventures, Spice Expeditions, and Platanus, strongly supported this latest funding. The round also saw significant participation from various institutional investors and the company's existing shareholders, signaling continued confidence in Yup's strategic direction and growth trajectory.

Paid, a company dedicated to establishing the foundational infrastructure for the emerging AI agent economy, has successfully concluded an oversubscribed Seed funding round, raising $21.6 million. This significant investment was led by Lightspeed Venture Partners, with new participation from FUSE and continued support from existing investor EQT Ventures. This funding brings the company's total funding to $33.3 million, signaling strong investor confidence in its mission.

Pfizer has announced a significant agreement with the U.S. government, aimed at reducing prescription drug costs for American patients while simultaneously reinforcing the nation's leadership in biopharmaceutical innovation. This historic collaboration seeks to address concerns regarding drug pricing and ensure greater affordability for consumers across the United States.

MiningStore, a company specializing in Bitcoin mining infrastructure, announced it has secured a $3.4 million strategic loan from Millennium Infrastructure Fund. This financing is earmarked to accelerate the development of a new 10-megawatt dual-grid Bitcoin mining facility, significantly boosting the company's operational footprint. The new funding positions MiningStore to reach a total of 62.5 megawatts of operational capacity by December 2025, representing a 45% increase in just six months.

Ardent AI, a company specializing in the development of autonomous agents for data engineering, has announced that it has secured $2.15 million in pre-seed funding. The funding round was led by Crane Venture Partners, with participation from Active Capital, Zach Wilson, and a group of operator-angels. This fresh capital will help Ardent accelerate the development of its innovative technology aimed at transforming how companies manage and maintain their data pipelines.

Epic Padel, a Virginia-based company dedicated to expanding the sport of padel in the United States, has announced a $10 million seed round. This funding will be used to accelerate the company's growth across the U.S. and support the development of innovative padel communities worldwide.

BusCaro, a transportation technology company operating in Pakistan, has announced a new funding round of $2 million. The investment was led by Daman Investments and included participation from firms such as Cartography Capital, Epic Angels, Wahed Ventures, Accelerate Prosperity, as well as several angel investors. This funding boost brings BusCaro's total financing to $3.5 million.

Citi took a significant step forward in its planned divestiture of its Mexican consumer banking unit on Monday, announcing that it has reached an agreement to sell a substantial equity stake in Grupo Financiero Banamex. A company wholly owned by prominent investor Fernando Chico Pardo and members of his immediate family has agreed to purchase the stake, marking the beginning of a new strategic relationship.

Rebellions, a rapidly expanding AI inference chip company based in Asia, announced today that it has closed a $250 million Series C funding round. As part of the funding round, Arm has become a strategic partner. The round also attracted considerable support from other key industry players, including Samsung Ventures and Pegatron VC, which strengthens Rebellions' strategic connections throughout the semiconductor and AI module ecosystem. Follow-on investments from existing backers, such as the Korea Development Bank and Korelya Capital, further demonstrated confidence in the company's direction. The round also welcomed new international investors, including Lion X Ventures, signaling broad global interest in the company's technology.

Nuclide Therapeutics (NTx), a spin-out company from King’s College London, has completed a £5 million investment round to accelerate the development of a specialized class of radioactive drugs designed to combat aggressive, therapy-resistant cancers. The funding, provided by German investor Marathon Beteiligungs AG, is tied to specific developmental milestones, ensuring strategic focus as the company transitions its cutting-edge technology toward clinical application.

Anything, a San Francisco-based company advancing AI-driven no-code app development, announced it has secured $11 million in a Series A funding round. While the capital raise totaled $11 million, the funding catapults the company's valuation to $100 million, reflecting investor confidence in its disruptive approach to software creation. This oversubscribed Series A was led by Footwork Ventures, with participation from M13. Existing investors, including Bessemer Venture Partners and Uncork Capital, also doubled down on their seed investments, bringing Anything’s total capital raised to nearly $20 million.

Pacific Gas and Electric Company (PG&E) unveiled a new ambitious $73 billion capital expenditure program through 2030, marking one of the largest infrastructure investment commitments in the company’s history. This large sum is earmarked for a comprehensive modernization of Central and Northern California’s electrical grid, addressing both the immediate, unprecedented surge in electricity demand from the artificial intelligence (AI) sector and the existential threat of wildfires.

Gozio Health is a company that provides a customizable mobile engagement platform for health systems to improve patient engagement and create a unified digital experience. Pulse 2.0 interviewed Gozio Health founder and CEO Joshua Titus to gain a deeper understanding of the company.