Archives

Spellbook: This Legal Software Company Uses AI To Help Lawyers Work More Efficiently

By Amit Chowdhry ● Jul 31, 2023

Spellbook is a legal software company that launched the first generative AI contract drafting tool in September 2022. The company’s technology is powered by large language models like OpenAI’s GPT-4 and is optimized using legal datasets for superior contracting performance. Over 600 customers across the legal industry use Spellbook to support their lawyers with the resources to make more accurate and efficient legal decisions when drafting contracts and supporting documents. Pulse 2.0 interviewed Spellbook co-founder and CEO Scott Stevenson to learn more.

Ampcontrol: $10 Million Raised To Advance AI-Powered Software Solution For Fleet Operators

By Noah Long ● Jul 30, 2023

Ampcontrol - a leading AI-powered software solution for fleet operators - recently announced $10 million in Series A financing to enable its next growth stage. The Westly Group led the funding round with participation from existing investors AngelPad and Lorimer Ventures.

Kincell Bio: Contract Development And Manufacturing Organization Secures $36 Million

By Annie Baker ● Jul 30, 2023

Kincell Bio - a technology-forward contract development and manufacturing organization (CDMO) focused on cell therapies - recently emerged from stealth with $36 million in new funding. Kineticos Ventures led Kincell’s launch funding.

MAC Hospitals: $160 Million Growth Investment Raised From General Atlantic

By Annie Baker ● Jul 30, 2023

MAC Hospitals - one of Mexico’s largest hospital providers - announced an up to $160 million strategic growth investment from General Atlantic, a leading global growth equity firm. MAC Hospitals plans to utilize its partnership with General Atlantic to further its mission to expand access to affordable healthcare across Mexico, in particular by pursuing strategic expansion initiatives, developing greenfield hospitals in new locations, investing in the company’s technology stack and infrastructure, and deepening its offering of high-quality medical services.

Goodwater: Over $1 Billion Raised To Support Consumer Tech Companies

By Amit Chowdhry ● Jul 30, 2023

Goodwater - the largest venture capital fund exclusively focused on consumer tech investments - recently announced that it had raised over $1 billion across its family of early and growth-stage funds.

Alpine Investors: $4.5 Billion Ninth Fund Finalized At Hard Cap

By Amit Chowdhry ● Jul 30, 2023

House Numbers: Home Wealth Management Platform Bags $3.75 Million In Funding

By Annie Baker ● Jul 30, 2023

House Numbers - an AI-enabled home wealth management platform helping homeowners gain financial independence through AI-tailored home equity-based product recommendations - recently announced that it has raised $3.75 million in pre-seed funding.

Lucem Health: How This Company Is Using Clinical AI To Improve Point-Of-Care Solutions In A $20+ Billion Market

By Amit Chowdhry ● Jul 28, 2023

Lucem Health is a company that transforms the science of clinical AI into trusted point-of-care solutions that scale. And with the company’s comprehensive, AI-agnostic platform for building, operationalizing, and improving clinical AI solutions, Lucem Health brings the full power and potential of clinical AI from the lab to the front lines of healthcare where it can help clinicians deliver better care, improve patient outcomes, and lower costs. Pulse 2.0 interviewed Lucem Health CEO Sean Cassidy to learn more.

Rithm Capital To Buy Sculptor Capital Management For $639 Million

By Noah Long ● Jul 28, 2023

Rithm Capital (RITM), an asset manager focused on the real estate and financial services industries and Sculptor Capital Management Inc. (SCU), a global alternative asset manager with $34 billion in assets under management (AUM), recently announced entry into a definitive agreement under which Rithm will acquire Sculptor in a transaction valued at approximately $639 million, which includes $11.15 per Class A share of Sculptor.

SoftBank Group And Symbotic Launching New $100 Million Joint Venture

By Noah Long ● Jul 28, 2023

SoftBank Group and Symbotic (a leader in A.I.-powered automation technology for the supply chain) recently announced the establishment of GreenBox Systems LLC, a new joint venture to address the more than $500 billion annual warehouse-as-a-service market opportunity.

Sk3w Technologies: Financial Exchange Access Company Closes $7 Million In Funding

By Dan Anderson ● Jul 28, 2023

Financial exchange access company Sk3w Technologies recently announced that it had raised $7M in a Series A round led by Tower Research Ventures, IMC, and Citadel Securities. And previous investors include Optiver, IMC, Jump Trading, Tower Research Ventures, XR Trading, and Tom Joyce.

H.I.G. Capital Buying RBmedia From KKR

By Annie Baker ● Jul 28, 2023

KKR and H.I.G. Capital announced that an affiliate of H.I.G. will acquire RBmedia and support its next phase of growth and development. RBmedia is the leading audiobook publisher in the world, with a robust digital distribution network that reaches millions of listeners around the globe.

Hitachi Vantara Collaborates With Microsoft For Unified Compute Platform

By Amit Chowdhry ● Jul 28, 2023

Hitachi Vantara - a modern infrastructure, data management, and digital solutions subsidiary of Hitachi, Ltd. (TSE: 6501) - recently announced the next evolution of its collaboration with Microsoft to launch Hitachi Unified Compute Platform (UCP) for Azure Stack HCI.

Airvet: Leading Pet Telehealth Company Secures $18 Million

By Amit Chowdhry ● Jul 28, 2023

Airvet - a leading pet telehealth company - announced it has closed an oversubscribed $18.2 million Series B round led by Mountain Group Partners (MGP) with participation by Canvas Ventures, Headline, and Burst Capital, as well as strategic investors including Bob Antin, Founder and xCEO of VCA Animal Hospitals.

Very Good Ventures: Leading Flutter Consulting Company Raises $3.4 Million

By Amit Chowdhry ● Jul 28, 2023

Very Good Ventures (VGV) - a leading full-service Flutter consulting firm - recently announced it expanded its Series A round with $3.4 million from Celesta Capital for a total raise of $6.6 million. This funding round will be used to scale up VGV's service to a wider variety of clients and to deliver high-quality contributions throughout the Flutter ecosystem.

Bridges Capital: This Financial Advisory Firm Runs An ETF That Provides Opportunistic Exposure To Equities

By Amit Chowdhry ● Jul 27, 2023

Bridges Capital is a financial advisory firm that combines specialized accounting and investment expertise. To learn more, Pulse 2.0 interviewed Bridges Capital Managing Member Raymond Bridges, CPA.