Archives

Alexi: C$4.5 Million Raised For AI Litigation Platform

By Amit Chowdhry ● Feb 16, 2025

Alexi, a leading AI litigation platform, announced a C$4.5 million debt facility from TD Innovation Partners (TDIP). This new financing, which adds to its $15 million Series A in 2024, led by Drive Capital, will fuel Alexi’s continued growth, drive product innovation, and continue its mission of providing the legal community with cutting-edge AI tools.

StarRez: Interview With CEO Travis Knipe About The Leading Student Housing Platform

By Amit Chowdhry ● Feb 16, 2025

StarRez is a global market leader in student housing software and residential community management. Pulse 2.0 interviewed StarRez CEO Travis Knipe to learn more about the company.

Oaktree Capital: Opportunities Fund XII Closed At $16 Billion

By Amit Chowdhry ● Feb 16, 2025

Oaktree Capital Management announced the final closing of Oaktree Opportunities Fund XII (Opps XII), with about $16 billion of commitments, including co-investment and affiliated vehicles.

Stellaromics: $80 Million (Series B) Raised For Advancing 3D Spatial Biology

By Amit Chowdhry ● Feb 16, 2025

Stellaromics, a pioneer in 3D spatial biology spun out of the laboratories of Karl Deisseroth (Stanford University) and Xiao Wang (MIT and Broad Institute), announced a Series B funding round of $80 million. The funding round, led by Catalyst4 with participation from Stanford University Ventures, will support the development and commercialization of Pyxa, Stellaromics' groundbreaking 3D spatial biology platform.

PHȲND: $10 Million (Seed) Raised For Advancing Smart TV Gaming Platform

By Amit Chowdhry ● Feb 16, 2025

PHȲND, a subscription-free cloud gaming platform, announced it has secured a $10 million seed round led by Wellington Management. The oversubscribed round also saw participation from Bessemer Venture Partners, Connecticut Innovations Fund, and Jozy Altidore.

Clicktivated: Interview With CEO Chris Roebuck About The Product Interaction Video Platform Company

By Amit Chowdhry ● Feb 16, 2025

Clicktivated is an IP-protected interactive video platform that enables viewers to interact with individual products or items within video content. The company’s clean user experience creates new monetization opportunities for marketers and provides a revolutionary set of data points for distributors to better understand their audiences. Pulse 2.0 interviewed Clicktivated CEO Chris Roebuck to learn more.

Parachute Health: Interview With Founder & CEO David Gelbard About The Healthcare Connectivity Company

By Amit Chowdhry ● Feb 15, 2025

Parachute Health is modernizing healthcare through digital connectivity. Pulse 2.0 interviewed Parachute Health founder and CEO David Gelbard to learn more about the company.

Sitemetric: Construction-Focused Management Solutions Company Raises Funding From Gemspring Capital

By Amit Chowdhry ● Feb 15, 2025

Gemspring Capital Management (a middle-market private equity firm) announced a strategic investment in Houston-based Sitemetric. Sitemetric is a leading provider of jobsite security, safety, and workforce management solutions for the construction industry.

Globus Medical To Buy Nevro In $250 Million Deal

By Amit Chowdhry ● Feb 15, 2025

Globus Medical (a leading musculoskeletal solutions company) and Nevro (a global medical device company that delivers comprehensive and life-changing solutions for the treatment of chronic pain) announced they have entered into a definitive agreement for Globus Medical to acquire all shares of Nevro in an all-cash deal.

Hyatt To Buy Playa Hotels In $2.6 Billion Deal

By Amit Chowdhry ● Feb 15, 2025

Hyatt Hotels announced that the hotel company has entered into an agreement to buy all outstanding shares of Playa Hotels & Resorts N.V. for $13.50 per share, or about $2.6 billion, including approximately $900 million of debt, net of cash. And Playa is a leading owner and operator of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica and Hyatt is currently the beneficial owner of 9.4% of Playa’s outstanding shares.

Cotiviti To Buy Healthcare Data Interoperability Company Edifecs

By Amit Chowdhry ● Feb 15, 2025

Cotiviti, a leader in data-driven healthcare solutions, announced it has entered into an agreement to acquire Edifecs, a pioneer in healthcare data interoperability. This combined platform will enhance connectivity between payers and providers, enable increased collaboration in the delivery of care, and accelerate deployment of value-added solutions in the healthcare system.

Teladoc Health To Buy Catapult Health In $65 Million Deal

By Amit Chowdhry ● Feb 15, 2025

Teladoc Health (a global leader in virtual care) has signed a definitive agreement to buy Catapult Health, a leading provider of virtual preventive care services. And the company plans to utilize Catapult Health’s innovative approach to patient-centric at-home diagnostic testing, and its high-touch engagement and clinical support model, to complement Teladoc Health’s industry-leading suite of integrated solutions.

McKesson To Buy 80% Of PRISM Vision For $850 Million

By Amit Chowdhry ● Feb 15, 2025

McKesson announced that it signed a definitive agreement to buy an 80% controlling interest for about $850 million in PRISM Vision Holdings, a provider of general ophthalmology and retina management services, from Quad-C. PRISM Vision physicians will retain a 20% interest in the company.

TextNow: Interview With Senior Director Of Trust & Safety Sean Bonawitz About The Free Phone Service

By Amit Chowdhry ● Feb 15, 2025

TextNow is the only free phone service provider with unlimited talk & text and essential data on the nation's largest 5G network, all in one convenient app. Pulse 2.0 interviewed TextNow’s Senior Director and Head of Trust & Safety, Sean Bonawitz, to learn more about the company.

GreenLite: Interview With Co-Founder & CEO About The Construction Permit Company

By Amit Chowdhry ● Feb 15, 2025

GreenLite is transforming development in America by streamlining the collaboration between developers, builders, and local regulatory authorities. Pulse 2.0 interviewed GreenLite co-founder and CEO James Gallagher to learn more about the company.

The University Of Akron: Faculty Members Awarded Nearly $5.5 Million

By Amit Chowdhry ● Feb 15, 2025

The transformational potential of energy research projects proposed by two University of Akron (UA) College of Engineering and Polymer Science faculty members was recognized by the U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E). And the two researchers will be awarded grants totaling nearly $5.5 million to support this work in the development of ambitious technologies that advance America’s energy future as part of the DOE’s Vision OPEN program.

VoiceCare AI: $3.85 Million (Seed) Raised To Automate Healthcare Back Offices

By Amit Chowdhry ● Feb 15, 2025

VoiceCare AI, a healthcare administration general intelligence (HAGI) company, announced plans for automating back-office conversations and super-staffing the workforce through the application of generative AI. With $3.85 million in funding led by Caduceus Capital Partners and participation from Bread and Butter Ventures, VoiceCare AI aims to improve access, adherence, and outcomes for patients and the healthcare workforce, putting the focus back on patient engagement.

BEKhealth: $4 Million Raised For Chart Abstraction And Patient-Matching Platform

By Amit Chowdhry ● Feb 15, 2025

BEKhealth, an AI-based chart abstraction and patient-matching platform company, announced it raised $4 million to support its continued growth. This latest funding round was co-led by Hatteras Venture Partners and Boston Millennia Partners with participation from existing investors Excelerate Health Ventures, Martin Ventures; and new investors RTI International and WakeMed Innovation Fund.

Apptronik: $350 Million Raised For Scaling AI-Based Humanoid Robots

By Amit Chowdhry ● Feb 15, 2025

Apptronik, an AI-based humanoid robotics company, announced the closing of a $350 million Series A funding round co-led by B Capital and Capital Factory, with participation from Google.

Invesco: Private Credit Platform Closes $1.4 Billion For Direct Lending Strategy

By Amit Chowdhry ● Feb 15, 2025

Invesco Private Credit, a leading global private credit platform of Invesco, announced the closing of its flagship Invesco Direct Lending Fund II. Together with similar vehicles, this fund totals $1.4 billion of investable capital.

Liberty Company: $100 Million Strategic Funding Closed

By Amit Chowdhry ● Feb 15, 2025

Liberty Company Insurance Brokers, one of America's fastest-growing privately held insurance brokerages, announced the $100 million upsizing of its syndicated credit facility, led by JPMorgan Chase. This capital marks another significant step in Liberty's ongoing growth, building on the momentum of its August 2023 $340 million credit facility offering.

Hydrostor: $200 Million Raised For Long-Duration Energy Storage Platform

By Amit Chowdhry ● Feb 15, 2025

Hydrostor, a global long-duration energy storage (LDES) developer and operator, has secured a $200 million investment from the Canada Growth Fund (CGF), Goldman Sachs Alternatives, and Canada Pension Plan Investment Board (CPP Investments). The deal will support Hydrostor’s continued investment in Advanced Compressed Air Energy Storage (A-CAES) projects in Canada and worldwide.

KKR: Over $850 Million Raised For Opportunistic Real Estate Credit Strategy

By Amit Chowdhry ● Feb 15, 2025

KKR announced the final closing of the KKR Opportunistic Real Estate Credit Fund II (ROX II), a strategy dedicated to opportunistic investments in senior loans and real estate securities in the U.S. and Western Europe. And the closed commitments to the comingled fund and separate accounts pursuing KKR’s Opportunistic Real Estate Credit Strategy total over $850 million.

Rocket Youth: Over $100 Million Raised For Enrichment Platform

By Amit Chowdhry ● Feb 14, 2025

Rocket Youth—one of the fast-growing youth enrichment platforms that partners with local educators, coaches, and child development professionals to scale their businesses—announced that it had raised over $100 million in backing, led by sports industry veterans Maverick Carter and Daniel Sillman and partner and build-focused investment vehicle ZBS Partners.

PSG: Two Funds Closed At $8 Billion Total

By Amit Chowdhry ● Feb 14, 2025

PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth, announced that it has closed two new funds, totaling $8 billion in capital commitments.

Fifteenth: $8.25 Million (Seed) Raised To Help Professionals With Complex Taxes

By Amit Chowdhry ● Feb 14, 2025

Fifteenth, a tax solution created to serve the unique needs of founders, investors, executives, and tech professionals with complex financial situations, announced it has raised $8.25 million in seed funding. The funding round was led by A* and General Catalyst with participation from SV Angel and angel investors including Swapnil Jain (Co-Founder and CEO of Observe.AI), Ryan Eisenman (co-founder and CEO at Arch), and Akash Garg (advisor at Electric Capital).

DocGo Buying Mobile Lab Collection Services Company PTI Health

By Amit Chowdhry ● Feb 14, 2025

DocGo, a provider of technology-enabled mobile health services, announced the acquisition of PTI Health, which is a mid-Atlantic mobile lab collection and phlebotomy services company.

Fin: Interview With CEO Rich Pleeth About The Last-Mile Delivery Company

By Amit Chowdhry ● Feb 14, 2025

Fin is a company that is redefining last-mile delivery through its innovative SaaS platform that harnesses the power of AI for route optimization and real-time analytics. Pulse 2.0 interviewed Fin CEO Rich Pleeth to learn more about the company.

FactSet Buying LiquidityBook In $246.5 Million Deal

By Amit Chowdhry ● Feb 14, 2025

FactSet, a financial digital platform and enterprise solutions provider, announced the acquisition of LiquidityBook for a gross purchase price of $246.5 million in cash.

NXP To Buy Edge AI Pioneer Kinara

By Amit Chowdhry ● Feb 14, 2025

NXP Semiconductors announced it entered a definitive agreement to buy Kinara, an industry leader in high-performance, energy-efficient, and programmable discrete neural processing units (NPUs). And these devices enable a wide range of edge AI applications, including multi-modal generative AI models. This acquisition will be an all-cash transaction valued at $307 million and is expected to close in the first half of 2025, subject to customary closing conditions, including regulatory clearances.