Archives

SellersFi: Credit Facility Of Up To $300 Million With Citi And Fasanara Capital

By Amit Chowdhry ● Dec 18, 2023

SellersFi - a cutting-edge financial technology startup - announced today that it has closed a new US credit facility with Citi and independent asset manager Fasanara Capital for $135 million with the potential to grow up to $300 million as SellersFi expands.

Nippon Steel Buying U.S. Steel For $14.9 Billion: Details

By Amit Chowdhry ● Dec 18, 2023

Nippon Steel (Japan’s largest steelmaker and one of the world’s leading steel manufacturers) and United States Steel Corporation (a leading steel producer with competitive advantages in low-cost iron ore, mini mill steelmaking, and best-in-class finishing capabilities) announced today that they have entered into a definitive agreement under which NSC will acquire U. S. Steel in an all-cash transaction at $55 per share, representing an equity value of approximately $14.1 billion plus the assumption of debt, for a total enterprise value of $14.9 billion.

Ability Biologics: Cell Targeting Company Raises $12 Million

By Noah Long ● Dec 18, 2023

Ability Biologics recently announced the closing of its $12 million (US) funding round led by founding investor Amplitude Ventures. Amplitude was joined by Fonds de solidarité FTQ, Charles River Laboratories, Alexandria Venture Investments and Page One Ventures.

Playground Global: $410 Million Raised, Bringing AUM To Over $1.2 Billion

By Amit Chowdhry ● Dec 18, 2023

Playground Global recently announced that it has raised $410 million in new capital, bringing the firm’s assets under management to more than $1.2 billion. And Playground Global is an early-stage and deep-tech venture firm investing in transformative technologies and founders building category-defining businesses.

AutogenAI: Enterprise-Level AI Company Raises $39.5 Million

By Amit Chowdhry ● Dec 18, 2023

AutogenAI - an enterprise-level artificial intelligence company - recently announced it has closed a $39.5 million Series B. The funding round was co-led by Salesforce Ventures and Spark Capital, with participation from Blossom Capital, the funding will enable AutogenAI to further develop its bid-writing product suite, helping businesses more efficiently win more work. This marks the company’s second fundraising in four months, bringing total investments in AutogenAI to $65.3 million.

Aryaka: The Story Behind This SD-WAN And SASE Services Powerhouse

By Amit Chowdhry ● Dec 18, 2023

Aryaka is a company that pioneered the concept of a Zero Trust WAN based on a Unified SASE architecture. The company provides secure connectivity, enabling organizations to work from anywhere in the world without compromising application performance through its patented, integrated technology and services. Pulse 2.0 interviewed Aryaka chief product officer Renuka Nadkarni to learn more about the company.

January: $12 Million Raised To Help Americans Fight Debt

By Amit Chowdhry ● Dec 18, 2023

January Technologies recently announced that it has raised $12 million in Series B financing, preempted and led by existing investor IA Ventures. Existing investors Brewer Lane Ventures, Third Prime, and Reciprocal Ventures, along with new investors like Upper90, Shrug Capital, and numerous strategic angel investors, joined IA Ventures in the current round. This current funding round follows January’s $10 million Series A fundraise in 2022.

Ionomr Innovations: Polymer And Membrane Technologies Company Secures $20 Million

By Annie Baker ● Dec 18, 2023

Ionomr Innovations - a developer and manufacturer of breakthrough foundational polymer and membrane technologies for next-generation hydrogen applications - recently announced it had closed $20 million in a Series A-4 funding round with returning lead investors NGIF Cleantech Ventures and Pallasite Ventures supported by Shell Ventures, Chevron Technology Ventures, and Finindus, and joined by N.V. Bekaert, Asahi Kasei, Samsung Ventures and SAIC Capital.

ISN: Helping Over 78,000 Contractors And Suppliers Globally With Training And Qualifications

By Amit Chowdhry ● Dec 18, 2023

ISN is a global leader in contractor and supplier management. And the company supports nearly 800 Hiring Clients in capital-intensive industries to help manage more than 78,000 contractors and suppliers with operations in over 80 countries. Pulse 2.0 interviewed ISN CEO Joe Eastin to learn more about the company.

WIN: How Family-Building Company Helped Nearly A Half-Million Intended Families

By Amit Chowdhry ● Dec 18, 2023

WIN is a leading family-building and family-support company providing comprehensive solutions for employers and health plans. The company has helped nearly a half-million intended families on their path to parenthood, drove hundreds of millions of dollars in savings annually for clients, and helped advance a market growing to hundreds of billions of dollars. Pulse 2.0 interviewed WIN President, CEO, and Chairman Dr. Roger Shedlin to learn more about the company.

DTS: How This Professional Services Firm Is Paving The Path To Achieve Compliance With Scalable Cybersecurity Solutions

By Amit Chowdhry ● Dec 18, 2023

ION Storage Systems Receives Investment From Saint-Gobain

By Amit Chowdhry ● Dec 17, 2023

NOVA by Saint-Gobain has recently invested in ION Storage Systems to expand the relationship between Saint-Gobain Ceramics and ION as they work together on bringing an innovative approach for battery technologies. ION offers battery solutions for applications used in defense, aerospace, consumer electronics, electric vehicles, and grid storage.

AllSpice: Hardware Development Platform Company Secures $10 Million

By Annie Baker ● Dec 17, 2023

AllSpice.io - a hardware development platform that empowers engineers to modernize their collaboration and workflows - recently announced it has raised an additional $6 million in venture capital.

Twin Health: $50 Million Raised To Reverse And Prevent Chronic Metabolic Diseases

By Dan Anderson ● Dec 17, 2023

Twin Health - the creators of the Whole Body Digital Twin service for reversing, improving, and preventing chronic metabolic diseases - recently announced it secured $50 million in funding to continue expanding its groundbreaking technology and clinical service solutions for more members across the United States.

Intuitive Ventures: $150 Million Fund II Closed To Invest In Future Of Minimally Invasive Care

By Amit Chowdhry ● Dec 17, 2023

Intuitive Ventures - an early-stage fund investing in companies reimagining the future of minimally invasive care - recently announced the closing of $150 million for its second fund.

Zero Networks: Cybersecurity Company Secures $20 Million

By Amit Chowdhry ● Dec 16, 2023

Zero Networks - an Israel-based cybersecurity company that is a leading provider of zero trust identity and network security solutions - recently announced it raised $20 million in Series B funding following a five-fold increase in its revenue, bringing its total raised capital to $45 million.

Enveedo: Cyber Risk Management Company Secures $3.15 Million

By Dan Anderson ● Dec 16, 2023

Enveedo - a cybersecurity company with an innovative approach to integrated risk management - recently announced the closing of its $3.15 million seed funding round, led by Silverton Partners. The funding round was also joined by Runtime Ventures and Blu Ventures who are both focused on the cybersecurity industry and contribute relevant operating experience and funding.

Foretellix: Safety-Driven Verification And Validation Company Closes $85 Million

By Amit Chowdhry ● Dec 16, 2023

Foretellix - a leading provider of safety-driven verification and validation (V&V) solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS) - recently announced that it closed a Series C funding round of $85 million, bringing its total raised capital to $135 million.

EndoQuest Robotics: Endoluminal Robotic Technologies Company Raises $42 Million

By Amit Chowdhry ● Dec 16, 2023

EndoQuest Robotics - a privately-held medical device company and pioneering leader in developing innovative endoluminal robotic technologies - recently announced the successful closure of a $42 million C-1 preferred financing round. This strategic funding round will fuel the advancement of its groundbreaking flexible endoluminal robot aimed at transforming minimally invasive procedures.

HalBar Partners: The Story Behind The Renowned Growth Equity And Operator-Led Investment Firm

By Amit Chowdhry ● Dec 15, 2023

HalBar is a growth equity investment firm that offers secondary market advisory services through an experienced network of founders, entrepreneurs, and cash-flow operating companies. Pulse 2.0 interviewed HalBar Partners co-founder Nate Wasson to learn more about the firm.

StretchDollar: Helping Small Businesses Set Up Simpler And Affordable Health Benefits

By Amit Chowdhry ● Dec 15, 2023

StretchDollar is a company that creates budget-friendly, customizable health benefits for small businesses. They make the group health insurance process dramatically simpler, more affordable, and more accessible for every small business in America. To learn more about the StretchDollar, Pulse 2.0 interviewed Marshall Darr, co-founder and CEO.

Zuper: $32 Million Secured To Help Companies Scale Field Operations

By Amit Chowdhry ● Dec 15, 2023

Zuper - a leading solutions provider to scale and modernize fast-growing businesses with field operations - recently announced it closed a $32 million Series B funding round led by FUSE and participation from Prime Ventures and other existing partners. This investment follows an 8X growth in the past couple of years, fueled by outsized demand for Zuper's platform that empowers businesses with field operations to automate workflows, enable workforce collaboration, and deliver their customers with the best possible experience.

energyRe: $1.2 Billion Raised To Accelerate Clean Energy Transition

By Amit Chowdhry ● Dec 15, 2023

energyRe - an independent U.S. clean energy developer - recently announced that it has raised a $1.2 billion capital package to support the expansion of its large-scale renewable energy portfolio comprising utility-scale transmission and storage, onshore wind and solar generation, and offshore wind. And energyRe will utilize these strategic investments to advance its mission of decarbonizing American cities with abundant, affordable, clean power and modern, well-connected electric grids.

Why Cognizant Is Buying Thirdera

By Annie Baker ● Dec 15, 2023

Cognizant recently announced it has entered into an agreement to acquire Broomfield, CO-based Thirdera, an Elite ServiceNow Partner specializing in advisory, implementation and optimization solutions related to the ServiceNow platform, with a strong focus on emerging enterprise workflow products.

TMX Group Buying Remaining Stake In VettaFi For $848 Million

By Amit Chowdhry ● Dec 15, 2023

TMX Group Limited recently announced it has agreed to acquire the remaining approximately 78% of the common units of VettaFi Holdings LLC, a leading US-based indexing, digital distribution, analytics, and thought leadership company, for US$848 million. This brings the total amount to be paid for full ownership to $1.03 billion - which includes the strategic investments TMX Group made in VettaFi in the first half of 2023 for approximately 22% of the common units.

Rypplzz: Geo-Location Platform Company Raises $3 Million

By Amit Chowdhry ● Dec 15, 2023

Rypplzz - the creators of Interlife, a multi-patented geo-location platform - recently announced that it has raised $3 million in seed funding, led by sports technology investment firm KB Partners, with participation from Triptyq Capital. This funding round brings the company’s total capital raised to $6.8 million.

EnCharge AI: $22.6 Million Raised To Develop Advanced AI Chips And Full Stack Solutions

By Annie Baker ● Dec 14, 2023

EnCharge AI - a company developing advanced AI chips and full stack solutions - recently announced it has closed a second institutional round of funding from strategic partners, including VentureTech Alliance, RTX Ventures, and ACVC Partners, with participation from existing investors such as Anzu Partners, AlleyCorp, Scout VC, Silicon Catalyst Angels, and S5V. This funding round

Verve Motion: Harvard University Spinout / Industrial Safety Company Spinout Raises $20 Million

By Amit Chowdhry ● Dec 14, 2023

Verve Motion (a Harvard University spinout) recently announced it has reached a significant milestone by securing $20 million in Series B funding. This funding round brought the company's total to over $40 million. This marks a major step in the company's rapid expansion and the widespread adoption of its innovative industrial-use connected wearable technology SafeLift exosuit.

TechMet: Over $1 Billion Valuation With New $50 Million Commitment From DFC

By Amit Chowdhry ● Dec 14, 2023

TechMet - a global critical minerals investment company - recently announced it has secured a further $50 million commitment from the U.S. International Development Finance Corporation (DFC) as part of its latest fundraising round. The additional commitment from the U.S. Government’s development finance institution arrives at a time when TechMet opened a new $300 million equity funding round. Now the company has a value of over $1 billion.

Origin AI: WiFi Sensing Technology Company Secures $15.9 Million

By Noah Long ● Dec 14, 2023

Origin AI - a pioneering force in WiFi Sensing technology - recently announced the successful close of its latest $15.9 million Series B extension round. With Verisure at the forefront as the lead investor, the company secured significant capital to accelerate its growth, expand its product portfolio, and bolster its support for customer deliveries.