Archives

J.P. Morgan Asset Management Hires Jon Maier As Chief ETF Strategist

By Amit Chowdhry ● Mar 14, 2024

J.P. Morgan Asset Management announced that Jon Maier will join as Chief ETF Strategist, effective March 18. In this role, Maier will oversee ETF Insights, a global program of actionable thought leadership and resources focused on ETFs.

Asgard Therapeutics: In Vivo Cell Reprogramming Company Secures €30 Million

By Amit Chowdhry ● Mar 14, 2024

Asgard Therapeutics, a biotech company pioneering in vivo direct cell reprogramming for cancer immunotherapy, announced it raised €30 million in Series A funding. This funding round will support the development of Asgard´s lead program AT-108 to IND readiness by 2026, expand its R&D team, and advance new reprogramming modalities and delivery platforms.

Alithea Genomics: RNA Sequencing Company Raises CHF 2.8 Million

By Amit Chowdhry ● Mar 14, 2024

Alithea Genomics, a leader in large-scale RNA sequencing and transcriptomics, announced the closing of a CHF 2.8 million ($3.2 million) extension to its seed funding. The Novalis Biotech Acceleration fund led the round, which also included new investor TechU Ventures alongside existing investors.

Wind Point Partners: Fund X Closed At $2.3 Billion

By Amit Chowdhry ● Mar 14, 2024

Chicago-based private equity firm Wind Point Partners announced the successful closing of its latest fund Wind Point Partners X. Fund X was closed at a hard cap with total commitments of $2.3 billion. This surpassed the fund’s $1.7 billion target.

LPL Financial: $345 Million Asset Manager Brian Pflaum Joining As Advisor

By Amit Chowdhry ● Mar 14, 2024

LPL Financial announced that financial advisor Brian Pflaum, MBA has joined LPL Financial’s broker-dealer, RIA, and custodial platforms. Pflaum reported serving about $345 million in advisory, brokerage and retirement plan assets and joins LPL Financial from Lincoln Financial Advisors.

Austin Private Wealth Surpasses $1 Billion In AUM

By Amit Chowdhry ● Mar 14, 2024

Austin Private Wealth (APW) announced it has reached a major milestone: over $1 billion in assets under management (AUM). This milestone is a major step in the growth of APW, founded by Dan Kraus and Raoul Célérier.

Savvy Advisors Adds Three Principal Wealth Managers To Advisory Team

By Amit Chowdhry ● Mar 14, 2024

Savvy Advisors - a federally registered investment advisor (RIA) associated with Savvy Wealth - announced the addition of three new wealth managers. This expansion brought the firm's total to 15 wealth managers, who are all focused on serving its high-net-worth client base.

Big Sur AI: E-Commerce AI Platform Company Raises $6.9 Million

By Amit Chowdhry ● Mar 14, 2024

Big Sur AI - an AI-driven platform for e-commerce - announced it raised a $6.9 million seed funding round. This funding round was led by Lightspeed Venture Partners and included participation from Capital F and several angel investors.

Stormbreaker Ventures Invests In Global Telecom Engineering

By Amit Chowdhry ● Mar 14, 2024

Early-stage venture capital firm Stormbreaker Ventures announce a strategic investment in Global Telecom Engineering, a hardware and software engineering company in the chip, modem, and module space driving the next generation of connectivity innovation. This investment serves as Stormbreaker's inaugural contribution to Fund II and it aligns with the expertise and collaboration of strategic limited partner Thermo Companies.

PowerGEM: Simulation Modeling Software Company Raises Funding From TA Associates

By Amit Chowdhry ● Mar 14, 2024

PowerGEM - a leading provider of simulation modeling software for the electric power industry - has announced a strategic growth investment from global private equity firm TA Associates. Launched in 2000 and based in Clifton Park, NY, PowerGEM’s power systems transmission reliability and market simulation software products serve more than 200 power systems stakeholders.

Featureform: Streamlining How Data And Model Features Are Built In Machine Learning Organizations

By Amit Chowdhry ● Mar 14, 2024

Featureform is a company that turns features into a first-class component of the machine learning process. Pulse 2.0 interviewed Featureform CEO Simba Khadder to learn more about the company.

Phase Four: Aerospace Company Raises $6.25 Million From Leonid Capital Partners

By Amit Chowdhry ● Mar 14, 2024

Phase Four, a transformative aerospace company developing advanced propulsion systems for the next generation of space vehicles, has raised $6.25 million in funding from Leonid Capital Partners. Leonid is an investment firm focused on high-growth technology companies in the national security industry.

Yardsworth: Helping Homeowners Monetize Underutilized Backyards

By Amit Chowdhry ● Mar 14, 2024

Yardsworth is a company that is helping homeowners monetize underutilized backyards. Pulse 2.0 interviewed Yardsworth founder Matt Lucido to learn more about the company.

Ellevest: $2 Billion Assets Under Management Milestone Achieved

By Amit Chowdhry ● Mar 14, 2024

Ellevest—an investing and wealth management company built by and for women—announced a new milestone: $2 billion in client assets under management (AUM). The firm was created as an alternative to a male-dominated industry, with the goal of putting more money in the hands of women.

Postal Petals: Reshaping The Floral Industry In A $45+ Billion Market

By Amit Chowdhry ● Mar 14, 2024

Postal Petals is an immersive wellness brand that promotes creative expression as a form of mindfulness and self-care through fresh-cut flowers and do-it-yourself (DIY) flower arranging. The company partners with domestic flower farms to ship bundles of fresh-cut flowers to customers nationwide so they can design their arrangements. Pulse 2.0 interviewed Postal Petals founder and CEO Talia Boone to learn more about the company.

SquareDash: Property Insurance Restoration Payment Advance Company Raises Over $20 Million

By Amit Chowdhry ● Mar 14, 2024

SquareDash - a payment advance platform in the property insurance restoration industry - announced it raised over $20 million in total funding to accelerate growth. The funding round was led by FINTOP Capital and it builds on SquareDash's previous equity raise in mid-2023 with participation from Hivers and Strivers, The PenFed Foundation, i2BF Global, The Hustle Fund, The Council, and other angel investors.

FERMAT: $17 Million Raised To Help Retailers Create Unique Shopping Experiences

By Amit Chowdhry ● Mar 14, 2024

FERMAT—a company that enables every retailer to create unique shopping experiences for each customer—announced it raised $17 million in funding. This funding round was led by Bain Capital Ventures (BCV), with participation from existing investors Greylock, QED Investors, and Courtside Ventures. FERMAT has raised over $30 million in total, including this funding round.

DoControl: Delivering A Unified, Automated, And Risk-Aware SaaS Security Platform In A $10 Billion Market

By Amit Chowdhry ● Mar 14, 2024

DoControl is a leading SaaS Security Platform (SSP) modernizing CASB and DLP to secure SaaS applications. And DoControl helps organizations expose their SaaS risk surface, monitor user and OAuth app activity continuously, and automatically remediate it over time through granular, contextual, and drag-and-drop workflows. Pulse 2.0 interviewed CRO and co-founder Omri Weinberg to learn more about the company.

Interlune: $18 Million Secured To Harvest Natural Resources From Space To Benefit Humanity

By Amit Chowdhry ● Mar 14, 2024

Interlune announced it had raised $18 million in funding to develop and operationalize technology to extract Helium-3 and other natural resources from the Moon. This funding is a major milestone for Interlune in pursuing its goal to lead the world in sustainable, responsible harvesting and distribution of natural resources from space to benefit humanity.

KSL Capital Partners: Travel And Leisure Fund Closes On About $2 Billion

By Amit Chowdhry ● Mar 14, 2024

KSL Capital Partners announced that it has completed the final closing of its latest travel and leisure focused private equity fund KSL Capital Partners VI, L.P. (KSL VI). With commitments from the General Partner, KSL VI closed on about $2 billion in capital commitments. This fund is backed by a group of existing and new investors including state and corporate pension funds, sovereign wealth funds, endowments, foundations, insurance companies, asset managers and family offices.

Furno: $6.5 Million Secured To Decarbonize The Cement Industry

By Amit Chowdhry ● Mar 14, 2024

Furno, a company focused on decarbonizing the cement production industry, announced the closing of an oversubscribed $6.5 million seed funding round and introduced a transformative end-to-end cement production unit called the Furno Brick.

Chickasaw Nation Names Curt Crofford As Head Of Pennington Creek Capital

By Amit Chowdhry ● Mar 14, 2024

The Chickasaw Nation announced the establishment of Pennington Creek Capital - a wholly owned private capital investment subsidiary of Sovereign Native Holdco - with plans to set up an investment office in Dallas, Texas, led by long-time Hicks Equity Partners Managing Director Curt Crofford.

Loop: $6 Million Raised To Help Restaurants Optimize Third-Party Delivery Service Profitability

By Amit Chowdhry ● Mar 14, 2024

Loop - a leading SaaS provider enabling restaurants to maximize their third-party delivery service profitability - announced that it has closed $6 million in seed funding. The funding round was led by Base10 Partners with participation from Afore Capital.

Nest Health: Whole-Family Healthcare Provider Secures Over $4 Million

By Amit Chowdhry ● Mar 14, 2024

Voi: Europe-Based Micromobility Operator Raises $25 Million

By Amit Chowdhry ● Mar 14, 2024

Voi, a leading micro-mobility operator in Europe, announced that it has successfully raised $25 million in an oversubscribed funding round and secured additional debt financing for vehicles.

Pet Resort Hospitality Group Names Jason Duffy As CEO

By Amit Chowdhry ● Mar 14, 2024

The Board of Directors of pet services industry leader Pet Resort Hospitality Group (PRHG) announced that it has appointed Jason Duffy to serve as Chief Executive Officer (CEO).

Delta Data Acquiring Fintech Firm Phoenix Systems

By Amit Chowdhry ● Mar 14, 2024

Delta Data (a Terminus Capital Partners company) and trusted provider of pooled fund and mutual fund software solutions announced the acquisition of Phoenix Systems, a fintech firm specializing in global mutual fund transfer agent, sub-accounting, and trading software solutions.

HarbourView Equity Raises Nearly $500 Million In Debt Financing

By Amit Chowdhry ● Mar 14, 2024

HarbourView Equity Partners - an alternative asset management company focused on investment opportunities in the sports/media/entertainment space - announced it has raised about $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties. Insurance vehicles and accounts managed by KKR led the financing and investment accounts advised by Kuvare Asset Management also joined.

Fulcrum Equity Partners: $372 Million Fund V Closed

By Amit Chowdhry ● Mar 13, 2024

Atlanta-based growth equity firm Fulcrum Equity Partners has announced the final closing of Fulcrum Fund V at $372 million. Fulcrum's original target was $300 million with a $350 million hard cap. However, due to investor demand, the partners decided to increase the hard cap to accommodate new LPs.

White & Case: Lavanya Raghavan Named As Partner In London

By Amit Chowdhry ● Mar 13, 2024

Law firm White & Case LLP announced it has expanded its Global Mergers & Acquisitions (M&A) Practice and Global Private Equity Industry Group by adding Lavanya Raghavan as a partner in London.