Archives

Third Way Health: $1.55 Million Secured To Reduce Medical Practices Administrative Burdens

By Noah Long ● Apr 29, 2023

Third Way Health - an end-to-end front office solution that reduces the administrative burden of medical practices and enhances the patient experience - announced it has raised $1.55 million in pre-seed funding.

FiVerity: Anti-Fraud Collaboration Company Closes $4 Million

By Annie Baker ● Apr 29, 2023

FiVerity - the creators of the Anti-Fraud Collaboration platform - announced a $4 million seed financing round led by Mendon Venture Partners - which is a venture capital investment and strategic advisory firm focused on the intersection of financial technology companies and traditional banks.

SPAN: Home Electrification Company Raises $96 Million

By Dan Anderson ● Apr 29, 2023

SPAN - a leading innovator in home electrification technology - announced a Series B2 round of $96 million, bringing the company’s total funding to $231 million.

O2 Investment Partners: Oversubscribed Fund IV Closed At $445 Million

By Amit Chowdhry ● Apr 29, 2023

O2 Investment Partners, LP - a private equity firm that is investing in growth-oriented and privately-held businesses in the North American lower middle market - announced the final closing of O2 Investment Partners Fund IV (Fund IV) with $445 million in capital commitments. Metric Point Capital served as the exclusive advisor for the fundraiser and Kirkland & Ellis provided legal counsel.

How OpenView Helps Build Software Companies Into Market Leaders

By Amit Chowdhry ● Apr 29, 2023

Braya Renewable Fuels Raises $300 Million From Energy Capital Partners

By Annie Baker ● Apr 28, 2023

Braya Renewable Fuels, a Newfoundland and Labrador, Canada-based producer of low-emission renewable fuels, announced a $300 million preferred equity investment from Energy Capital Partners (ECP), a leading energy transition-focused investor in the electricity, clean energy, renewable and sustainable infrastructure sectors.

Enveda Biosciences: Drug Discovery Company Raises $119 Million

By Noah Long ● Apr 28, 2023

Enveda Biosciences announced that it had closed an additional $51 million equity financing to add to the $68 million Series B announced in December 2022. And Kinnevik led the Series B1 round, which also included participation by new investor Henry R. Kravis, the Co-Founder and Co-Executive Chairman of KKR.

Purdue Ventures Invests In TRIO Pharmaceuticals

By Amit Chowdhry ● Apr 28, 2023

Purdue Ventures - which manages three funds to support Purdue University-connected startups - announced it has invested $250,000 in TRIO Pharmaceuticals, a cancer immunotherapeutics startup founded by a Purdue University biophysics and structural biology alumnus. The company’s antibody-based therapeutics strengthen the body’s defense, the immune system, to eradicate cancer.

Apollo Announces Clean Transition Capital Initiative For Supporting Plan To Deploy $50 Billion

By Amit Chowdhry ● Apr 28, 2023

Apollo announced the formation of Apollo Clean Transition Capital (ACT Capital), which is an investment strategy that intends to redefine the capital market for climate solutions.

Axoni: Data Synchronization And Financial Market Infrastructure Company Raises $20 Million

By Noah Long ● Apr 27, 2023

Axoni - a provider of data synchronization technology and financial market infrastructure - announced the closing of a $20 million equity financing round led by EJF Ventures with participation from Laurion Capital Management, Communitas Capital, and existing investors.

Gupshup: This Conversational Messaging Platform Is Redefining The $30.6 Billion CPaaS Market

By Amit Chowdhry ● Apr 27, 2023

Gupshup is a well-known conversational messaging platform that powers over 10 billion messages per month. To learn more about the company, Pulse 2.0 interviewed Gupshup’s chief product officer Gaurav Kachhawa.

J.P. Morgan Growth Equity Partners: Over $1 Billion In Commitments Raised

By Amit Chowdhry ● Apr 27, 2023

J.P. Morgan Growth Equity Partners (GEP) announced the final closing of its inaugural Growth Equity Fund with over $1 billion in aggregate capital commitments raised from a broad set of institutions, family offices, and individual investors across the Americas, Europe, and Asia as well as J.P. Morgan.

Scaler: How This Technical Education Company Grew To $100 Million In ARR

By Amit Chowdhry ● Apr 27, 2023

Scaler is a transformative technical school that helps working professionals and college students build their careers and create an impact with impeccable coding skills. And Scaler is focused on creating a growth ecosystem to help software professionals unlock talent and opportunities at every stage of their careers. To learn more, Pulse 2.0 interviewed Scaler CEO and Co-Founder Abhimanyu Saxena.

Token: Wearable Authentication Solutions Provider Raises $30 Million

By Annie Baker ● Apr 27, 2023

Token - a revolutionary provider of secure and wearable authentication solutions - announced a $30 million financing raise to support the company’s product development and strategic growth objectives.

Monica Eaton Named CEO For Chargebacks911

By Annie Baker ● Apr 27, 2023

Chargebacks911 announced the formal transition of Monica Eaton to assume the title of its Chief Executive Officer (CEO). And Gary Cardone, who has held the title of CEO for the last ten years, will depart the management team and plans to pursue strategic investments throughout his retirement.

Rogers Signs Deal With SpaceX For Satellite-To-Phone Coverage In Canada

By Noah Long ● Apr 27, 2023

Rogers Communications and SpaceX announced the companies have agreed to bring satellite-to-phone coverage nationwide to ensure Canadians stay connected in areas beyond the limits of traditional wireless networks.

Nayms: Funding Raised At $80 Million Valuation

By Dan Anderson ● Apr 27, 2023

Nayms - the world's first fully-regulated marketplace for on-chain insurance - announced that it closed its private token sale in a round led by UDHC, a leading DeFi investor headed up by the previous senior team at the Maker Foundation - which developed and deployed the MakerDAO protocol. And UDHC is aiming to bring DeFi to the mainstream by funding and guiding projects that are building on established DeFi protocols.

EquipmentShare: Equipment And Digital Solutions Provider Raises $290 Million

By Noah Long ● Apr 27, 2023

EquipmentShare - an equipment and digital solutions provider serving the construction industry - announced the completion of a $290 million funding round led by funds afﬁliated with BDT Capital Partners. This funding round also included participation from existing investors such as RedBird Capital Partners, Tru Arrow Partners, and Sound Ventures, and new investors including Brown Advisors.

Why Bosch Is Buying TSI Semiconductors For $1.5 Billion

By Amit Chowdhry ● Apr 27, 2023

Bosch - which has plans to expand its semiconductor business with silicon carbide chips - announced plans to acquire assets of the U.S. chipmaker TSI Semiconductors, based in Roseville, California. With a workforce of 250, the company is a foundry for application-specific integrated circuits (ASICs).

Diameter Capital Partners: $2.2 Billion In Capital Commitments Closed

By Amit Chowdhry ● Apr 27, 2023

Diameter Capital Partners LP, a New York-based alternative asset manager focused on the global credit markets, announced the final close of Diameter Dislocation Fund II (DDF II) at the hard cap with $2.2 billion of capital commitments.

Ebb Carbon: Ocean-Based Carbon Dioxide Removal Company Closes $20 Million

By Dan Anderson ● Apr 27, 2023

Ebb Carbon – which is an ocean-based carbon dioxide removal (CDR) company founded by former Tesla, SolarCity, and Google X executives – announced it has raised a $20 million Series A to develop and deploy its technology, which enhances and speeds the ocean’s natural ability to capture and permanently store carbon dioxide from the atmosphere.

infiniDome: Anti-Jamming Solutions Company Secures $9 Million

By Noah Long ● Apr 27, 2023

infiniDome - a leading provider of anti-jamming solutions - announced it has secured $9 million in Series A funding led by Hanwha Aerospace, which is one of the largest conglomerates in South Korea along with Honeywell Ventures, and Next Gear Ventures.

MedShift: Medical Technology Company Raises $108 Million

By Annie Baker ● Apr 27, 2023

Leading medical technology company MedShift announced it has completed a $108 million capital raise from Turning Rock Partners, Micota Capital, and OY6 Capital.

Forbion: Life Sciences Venture Firm Raises €1.35 Billion

By Annie Baker ● Apr 27, 2023

Forbion - a leading European life sciences venture capital firm – announced recently that it has raised €1.35 billion ($1.5 billion) for its two newest funds, bringing the total of funds under management to €3 billion. Both of the funds exceeded their original target sizes and represent Forbion’s largest fundraising success to date.

Certn: Background Screening And Identity Company Closes $30 Million

By Annie Baker ● Apr 27, 2023

Certn - a leader in online background checks and identity verification - announced it has raised $30 million in Series B financing with over $29.5 million coming from Export Development Canada (EDC).

Trustible: Responsible AI Governance Company Raises $1.6 Million

By Annie Baker ● Apr 27, 2023

Trustible - a software company that helps organizations accelerate Responsible AI governance to maximize trust and manage risk – announced it recently came out of stealth and they have raised $1.6 million in funding led by Harlem Capital

Exodigo: How This Company Is Solving Massive Underground Infrastructure Issues

By Amit Chowdhry ● Apr 27, 2023

Exodigo is a subsurface mapping solutions company that combines advanced sensors, 3D imaging, and AI technologies to provide a clear picture of the underground for customers across transportation, utilities, construction, etc. To learn more about the company, Pulse 2.0 interviewed Jeremy Suard, co-founder and CEO at Exodigo.

Avalanche Energy: Fusion Startup Company Raises $40 Million

By Noah Long ● Apr 27, 2023

Avalanche Energy - a fusion energy startup developing modular fusion micro-reactors - announced that it achieved a record of 200 kilovolts in its micro-fusion reactor and closed a $40 million Series A round led by Lowercarbon Capital with major participation from Founders Fund and Toyota Ventures. Also following a seed round investment are Congruent Ventures, Grantham Foundation, and Clear Path. The new participants also included Autodesk, MCJ Collective, and the Climate Capital Syndicate.

Vivid Machines: Real-Time Spectral Sensor Secures $4.3 Million

By Amit Chowdhry ● Apr 27, 2023

Vivid Machines announced the successful completion of an oversubscribed first close of its seed round funding of $4.3 million.

Fluree: Graph Ledger Database Company Raises $10 Million

By Amit Chowdhry ● Apr 27, 2023

Fluree - a company based in Winston-Salem, North Carolina that has developed a graph ledger database and data pipeline toolset for trusted-, interoperable-, secure-data management and sharing - announced it has closed a $10 million Series A funding round led by SineWave Ventures. Eve Atlas, Augment Ventures, Nanban Ventures, Wave Financial, and existing investors Good Growth Capital and Rise of the Rest also participated.