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Vance Street Capital, an LA-based private equity firm focused on investments in North America-based companies that provide highly engineered solutions to their customers, announced the first and final close of Vance Street Capital IV. Fund IV began marketing in January 2024 with a target of $550 million. It was significantly oversubscribed and closed in April 2024 at its hard cap of $775 million.

Altera, a company pushing the boundaries of artificial intelligence (AI) by creating digital human beings, announced it has closed a $9 million seed round. This funding round brings the total to $11.1 million since the company was founded in December 2023. Patron and First Spark Ventures co-led the round, joining a renowned list of investors that includes a16z SPEEDRUN, gaming industry veteran and investor Mitch Lasky, co-founder of Valorant Stephen Lim, Supercell executive board member Greg Harper, Duolingo CBO Bob Meese, Vertex Pharma co-founder Rich Aldrich, Vamos Ventures, Alumni Ventures, and others.

ChangeEngine, an internal marketing and people design platform that enables companies to deploy best-in-class programs without requiring employees to log in to separate systems, has raised $10 million in Series A funding. This funding round was led by Threshold Ventures and joined by Struck Capital and Bonfire Ventures. And ChangeEngine also welcomed Josh Stein and Adam Struck to its Board of Directors.

Trinity Capital, a leading provider of diversified financial solutions to growth-stage companies, announced the commitment of $60 million in growth capital to Metabolon - a global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications.

CoLab Software, a company building collaboration solutions for mechanical engineering and hardware development teams, announced a fully subscribed Series B round with $21 million funding round. And Insight Partners led the round, with participation from existing major investors, including Y Combinator, Killick Capital, and Pelorus VC.

Sigma, the cloud analytics solution built natively for cloud scale, announced it has raised $200 million in Series D funding to continue transforming BI through its innovations in AI infrastructure, data application development, enterprise-wide collaboration, and business user adoption.

Accenture announced it has made a strategic investment through Accenture Ventures in Turbine, a predictive simulation company building a platform for interpreting human biology. Accenture’s investment will help Turbine extend its platform to global biopharma companies that can benefit from Turbine’s ability to uncover hidden biological insights, which have the potential to guide and accelerate key drug development workstreams.

Thomson Reuters Ventures (TRV) is a venture firm that invests in companies at the seed and series A stages building in tax, legal, fraud, risk, compliance, insurtech, and fintech. The firm has the full backing and resources of Thomson Reuters. Pulse 2.0 interviewed Thomson Reuters Ventures Managing Director Tamara Steffens to learn more about the firm.

Lynx Dx is a company on a mission to improve patient care through science-based and best-in-class technology. The company was originally founded in 2015 by a group of credentialed and renowned clinical leaders from the University of Michigan’s urology department with the goal of treating prostate cancer patients and improving prostate cancer screening. Pulse 2.0 interviewed Lynx Dx Chief Medical and Commercial Officer Spencer Heaton, MD, MBA, to learn more about the company.

Top Tier Authentics (TTA) is a company that has developed the world's first Experiential Authenticity Platform, enabling instant verification of any product, artwork or collectible while powering new and immersive digital experiences, unique benefits and interactive features. Pulse 2.0 interviewed TTA co-founder Andrew Rosen to learn more about the company.

Expanso, a distributed computing company based in Seattle, Washington, has secured a strategic investment from Samsung Next, signaling major ambitions to transform how data is managed and processed worldwide. Expanso, launched in early 2023 by tech veteran and former Kubernetes Product Lead David Aronchick, announced its closed financing from Samsung Next (the electronics giant’s venture capital arm).

Yendo, the company that created the first-ever vehicle-secured credit card, announced the closing of $150 million in debt financing led by i80 Group. The funding will be used to fuel customer growth, introduce new products and expedite the expansion of the company’s offerings across all 50 states.

Phenomix Sciences, a precision medicine biotechnology company bringing data intelligence to the treatment of obesity, announced it raised $5.5 million in Series A funding from new investors, DexCom and Labcorp, and existing investors, including Health2047. And the company has also been awarded a $2.3 million Phase II Small Business Innovation Research (SBIR) Grant through the National Institutes of Health (NIH).

Bailey & Company, a Nashville-based merchant banking platform focused on growth and late-stage healthcare and technology companies, has appointed Tim Scallen as its chief executive officer. Scallen joined the firm in 2020 and previously served as its chief operating officer and managing partner of its principal investing business.

Voxel51, a leader in visual AI, announced today that it has closed a $30 million Series B funding round. The funding round was led by Bessemer Venture Partners, with participation from new investor Tru Arrow Partners and existing investors Drive Capital, Top Harvest Capital, Shasta Ventures and ID Ventures.

Manifold, an AI-powered clinical research platform, today announced the expansion of its leadership team with veterans of the technology and healthcare industries. Following the $15 million Series A funding round, the expanded team will accelerate Manifold's ability to automate the manual work of clinical study and data operations alongside its customers, including Indiana University Melvin and Bren Simon Comprehensive Cancer Center and Winship Cancer Institute of Emory University.

EV3 Global, a company empowering customers with employment intelligence, has raised $3 million in funding. The funding was led by Real Tech Capital, partners from leading VC firms, and a group of private investors.

Blackwell Security, a provider of specialized cybersecurity solutions personalized for the healthcare sector, announced a $13 million funding round co-led by General Catalyst and Rally Ventures to help support security operations in healthcare.

Definely, a UK-based LegalTech company created to make legal documents easier to read, edit and understand, announced it has successfully raised Series A funding. The $7 million Series A investment round was led by Octopus Ventures, with participation from Cornerstone VC and Zrosk Investment Ltd. The round also included participation from well-known angels Claire Hughes Johnson, Comron Sattari, Ajay Patel, and Babatunde Soyoye to join the cap table. Edward Keelan, partner at Octopus Ventures joins CRE Venture Capital and Zrosk Investments on the board.

Honeycomb, a leading fast-growing digital insurer, has raised $36 million in a Series B funding round. The funding round was led by Zeev Ventures, with the participation of new investors Arkin Holdings and Launchbay Capital. Existing investors Ibex Investors, Phoenix Insurance and IT-Farm also took part in the round.

Niobium has announced the completion of a $5.5 million seed fundraising round, marking a significant step towards its future growth and development. And this achievement is accompanied by the expansion of its Board of Directors, further strengthening the company's leadership and strategic capabilities.

Commit Biologics, a pioneer in activating the complement system to treat cancer and autoimmune disease, has exited from stealth mode with €16 million in seed funding from Bioqube Ventures and Novo Holdings.

Hysata has announced that it closed the largest Series B in Australian clean tech history at $111 million with strong backing from existing major strategic and financial global investors. And this is a significant milestone demonstrating global recognition of Hysata’s game-changing high-efficiency electrolyzer (41.5 kWh/kg incl BoP) with intrinsically low capex and a capital-efficient path to mass manufacturing. bp Ventures and Templewater each invested $10 million to co-lead the $111.3 million Series B round. There was also strong backing from existing major strategic and financial investors IP Group Australia, Kiko Ventures (IP Group plc’s cleantech platform), Virescent Ventures on behalf of Clean Energy Finance Corporation, Hostplus, Vestas Ventures, and BlueScopeX.

Zenas BioPharma, a global biopharmaceutical company focused on becoming a leader in the development and commercialization of inflammation and immunology-directed therapies, announced the closing of an upsized $200 million Series C preferred stock financing. This financing round was led by SR One along with NEA, Norwest Venture Partners, and Delos Capital with significant participation from Enavate Sciences and Longitude Capital. Additional new investors the Federated Hermes Kaufmann Funds, and Arrowmark Partners along with existing investors, Fairmount, Wellington Management, Rock Springs Capital, Pivotal bioVenture Partners, Vivo Capital, Quan Venture Fund, and Superstring Capital also joined the funding round.

Technology investment firm Silver Lake announced a final closing on Silver Lake Partners VII at $20.5 billion in capital commitments, which topped the prior flagship fund. Over the past five years, Silver Lake has raised $47 billion in aggregate to create value by partnering with exceptional founders and management teams to build and grow great companies driven by technology at scale.

Alternative investment firm Investcorp announced the final closing of its Investcorp Technology Partners V (ITP V) fund, which has $570 million in total commitments. The fund exceeded the $500 million target with commitments from new and existing LPs in Europe, North America, Asia, and the GCC.

Neurable, a neurotechnology company democratizing BCI technology, announced that it has raised an additional $13 million in funding from Ultratech Capital Partners, TRAC, Pace Ventures, and Metaplanet.

Auto-injector platform company Pirouette announced they had surpassed $5 million raised in their community investment round via Wefunder, leading them to extend the round due to overwhelming demand. This extension gives the millions that this solution is designed to help more time to invest and accelerate the pathway to making it available. This is a rare opportunity to join along renowned investors like Safar Partners, Liquid 2 Ventures, and Gaingels.

River SaaS Capital, a firm that provides alternative venture financing to growing software-as-a-service (SaaS) businesses, announced its newly launched equity fund, TruWest Fund I. This new $50 million fund will invest in US-based B2B software-as-a-service businesses.