Archives

Fracttal: Interview With Co-Founder & CEO Christian Struve About Cloud-Based AI Maintenance Management Software

By Amit Chowdhry ● Apr 8, 2025

Fracttal is a 100% cloud-based platform that integrates asset management software, IoT, and artificial intelligence. Pulse 2.0 interviewed Fracttal co-founder and CEO Christian Struve to learn more about the company.

UNC Unveils AI-Based Accelerator In Collaboration With KPMG

By Amit Chowdhry ● Apr 8, 2025

Launch Chapel Hill recently announced it is joining forces with KPMG, a leader in professional services, to introduce Launch, Powered by KPMG, an AI-enabled accelerator program with Launch Chapel Hill that redefines how startups transition from ideation to commercialization.

Savvy: Over $1.5 Billion In AUM Surpassed And Expands FA Team

By Amit Chowdhry ● Apr 8, 2025

Savvy Advisors, a registered investment advisor (RIA) affiliated with Savvy Wealth, announced the addition of five experienced financial advisors, expanding its team to over 50 financial planners and wealth managers. And advisors who join Savvy gain access to Savvy Wealth’s AI-based technology designed to improve advisor efficiency and output.

Marvell Selling Auto Ethernet Business To Infineon For $2.5 Billion Cash

By Amit Chowdhry ● Apr 7, 2025

Marvell Technology (a leader in data infrastructure semiconductor solutions) announced that it has entered into a definitive agreement under which Infineon Technologies will buy Marvell's Automotive Ethernet business in an all-cash transaction valued at $2.5 billion.

TowneBank And Old Point National Bank Merging In $203 Million Deal

By Amit Chowdhry ● Apr 7, 2025

TowneBank and Old Point Financial—the parent company of The Old Point National Bank of Phoebus (OPNB)—announced an agreement and plan of merger. Under the agreement, TowneBank will acquire Old Point and OPNB. The proposed deal will enhance TowneBank’s position in the Hampton Roads MSA by adding a high-quality core deposit franchise.

Nulogy: Interview With CEO Jason Tham On Supply Chain And Manufacturing Innovation, Collaboration, And The Future

By Amit Chowdhry ● Apr 7, 2025

Nulogy is the market leader in synchronizing the extended supply chain network, having pioneered the new digital era for brands and the contract packaging and manufacturing partners that enable their external supply chain networks. Pulse 2.0 interviewed Nulogy CEO Jason Tham to learn more about the company.

Stramsen Biotech: $25 Million Funding Commitment Raised From GEM Global Yield

By Amit Chowdhry ● Apr 7, 2025

Stramsen Biotech (an emerging leader in plant-based biopharmaceutical industry) announced that it has signed a binding agreement with GEM Global Yield (GGY), part of GEM, a Luxembourg-based private alternative investment group as its Lead Investor, for a $25 million share subscription facility to be funded annually over a 36-month term following a public listing of the Stramsen's common stock.

Kashiv BioSciences: $150 Million Debt Financing Raised From GoldenTree Asset Management

By Amit Chowdhry ● Apr 7, 2025

Kashiv BioSciences, a fully integrated biopharmaceutical company, announced that it has entered a senior secured credit agreement with GoldenTree Asset Management as the sole lender.

Cloudflare Buying Outerbase To Enhance The Developer Database Experience

By Amit Chowdhry ● Apr 7, 2025

Cloudflare announced the acquisition of Outerbase (a developer database company) to dramatically enhance the developer database experience across Cloudflare Workers. With this deal, building database-backed applications will be more approachable, enabling more teams to build and deploy full-stack, AI-enabled applications on Cloudflare’s global network.

Waverly Buying Fiduciary Wealth Advisors

By Amit Chowdhry ● Apr 7, 2025

Waverly Advisors - a federally registered investment adviser (RIA) that specializes in investment management, financial planning, and wealth management solutions for a diverse group of high-net-worth individuals, corporate retirement plans, and institutional clients - announced it has acquired Fiduciary Wealth Advisors (FWA), a wealth management firm located in Sarasota, FL. This partnership expands Waverly’s presence in Southwest Florida.

Contxtful: $1.9 Million Raised For Attention-Based Ad Technology

By Amit Chowdhry ● Apr 7, 2025

Contxtful Technologies, an innovator in attention-based ad technology, announced the closing of a $1.9 million funding round led by NJP Ventures. This funding round enables Contxtful to enhance its technology, scale its operations, and expand its market reach.

IBM Buying Data And AI Consultancy Company Hakkoda

By Amit Chowdhry ● Apr 7, 2025

IBM announced it has acquired Hakkoda Inc., a leading global data and AI consultancy. Hakkoda will expand IBM Consulting's data transformation services portfolio, adding specialized data platform expertise to help clients prepare their data to advance AI-based business operations.

SignalFire: Over $1 Billion Raised To Advance Next Wave of Applied AI Startups

By Amit Chowdhry ● Apr 7, 2025

SignalFire, a leading early-stage venture capital firm focused on applied AI, announced it has raised over $1 billion to fund the next generation of technology startups, bringing its total assets under management (AUM) to about $3 billion.

Rescale: $115 Million (Series D) Raised For Digital Engineering Platform

By Amit Chowdhry ● Apr 7, 2025

Rescale, a digital engineering platform built for the future of innovation and scientific discovery, announced a $115 million Series D with participation from Applied Ventures, Atika Capital, Foxconn, Hanwha Asset Management Deeptech Venture Fund, Hitachi Ventures, NEC Orchestrating Future Fund, NVIDIA, Prosperity7, SineWave Ventures, Translink Capital, University of Michigan, and Y Combinator. This brings the total funding raised to $260+ million. Rescale's early investors include Sam Altman, Jeff Bezos, Paul Graham, and Peter Thiel.

SchoolAI: $25 Million (Series A) Raised For Helping Teachers And Schools With AI Platform

By Amit Chowdhry ● Apr 7, 2025

SchoolAI, an AI platform for teaching and learning, announced it has closed $25 million in Series A funding to address education’s fundamental challenge: helping teachers provide personalized attention to every student.

Further AI: $5 Million Raised For Helping Commercial Insurers Reduce Expense Ratios by 50%

By Amit Chowdhry ● Apr 7, 2025

Further AI, a company that has developed AI Assistants that handle complex insurance tasks, announced it has raised $5 million in new funding. Nexus Venture Partners led this new funding round through their $700 million AI-dedicated fund and will help Further AI to advance its mission of reducing expense ratios by 50%. This funding round also includes support from early-stage funds like Pioneer AI Fund, South Park Commons, Y Combinator, ConvergeVC, and strategic investors like Xceedance.

Northwestern University Innovates Carbon-Negative Material For Making Concrete And Cement More Sustainable

By Amit Chowdhry ● Apr 7, 2025

Northwestern University scientists have developed a new carbon-negative building material using seawater, electricity, and carbon dioxide (carbon dioxide). As Earth’s climate continues to warm, researchers around the globe are exploring ways to capture carbon dioxide from the air and store it deep underground. While this approach has multiple climate benefits, it does not maximize the value of the enormous amounts of atmospheric carbon dioxide.

UniteLabs: €2.77 Million Raised For Building OS For AI-Based Biotech Research

By Amit Chowdhry ● Apr 7, 2025

UniteLabs, a company specializing in lab automation for biotechnology, announced it has raised €2.77 million in a pre-seed funding round led by NAP (formerly Cavalry Ventures). Investors PUSH, Acurio Ventures, OMA Business Angels, and LANA Ventures also participated in the round.

NewEdge Advisors Brings In $1.4 Billion Florida-Based Team

By Amit Chowdhry ● Apr 7, 2025

NewEdge Advisors, a leading New Orleans-based RIA supporting independent financial advisors nationwide, announced Krueger, Fosdyck, Brown, McCall & Associates (a team based in Destin, Florida) has joined the firm from Merrill Lynch, where they managed $1.4 billion in client assets.

WTW Buying Global Commercial Credit

By Amit Chowdhry ● Apr 7, 2025

WTW (a leading global advisory, broking, and solutions company) announced the acquisition of Global Commercial Credit (GCC) into Willis. This strategic deal will advance performance by expanding into specialized businesses that align with the company’s technical, industry-structured, and expertise-driven growth plan.

Aventura Private Wealth: Space Fund 1 Closed At $9.5 Million For SpaceX-Focused SPV

By Amit Chowdhry ● Apr 7, 2025

Aventura Private Wealth announced the closing of its inaugural fund. The firm raised $9.5 million in just 9 days for a Special Purpose Vehicle (SPV) that exclusively holds shares of SpaceX, validating strong investor demand for private market opportunities in pioneering technology companies.

CMR Surgical: Over $200 Million Raised For Surgical Robotics

By Amit Chowdhry ● Apr 7, 2025

Surgical robotics company CMR Surgical – the global surgical robotics company – announced the closing of a financing round of over $200 million through a combination of equity and debt capital to support the company’s ambitious growth plans. The funding, which was supported by all the company’s existing major investors, includes a new debt investment from Trinity Capital, reflecting strong investor confidence in CMR’s vision.

Wirex Private: $10 Million Crypto-Backed Loans Introduced For Enhanced Wealth Management

By Amit Chowdhry ● Apr 7, 2025

Wirex Private, a platform for High-Net-Worth clients, announced the launch of crypto-backed loans. As part of its expanding suite of exclusive services, Wirex Private is now offering loans of up to $10 million.

Tiny Buying Controlling Stake In Serato For $66 Million

By Amit Chowdhry ● Apr 7, 2025

Canada-based holding company Tiny announced it has acquired a controlling stake in DJ software company Serato for C$94.5 million ($66 million USD). This deal is being made through a combination of cash and common shares. The cash amount is $42 million, and Serato is valued at $175 million. The deal is expected to close in Q2 of 2025.

Motorola Solutions To Buy Visitor Management Company InVisit

By Amit Chowdhry ● Apr 7, 2025

Motorola Solutions announced it has entered into a definitive agreement to acquire InVisit, a cloud-based visitor management solution provider based in Calabasas, California. The deal will expand Motorola Solutions’ cloud-native Avigilon Alta security suite for enterprise customers, helping to better tackle rising security threats to people, operations, and assets in organizations worldwide.

Crestview: Continuation Fund Closed At Nearly $600 Million

By Amit Chowdhry ● Apr 7, 2025

Crestview Partners (a leading private equity firm founded in 2004) announced closing a continuation fund that includes two Crestview Partners III investments, VA Capital Company, and ATC Drivetrain Investors / ATC Drivetrain Group, with nearly $600 million of commitments. And Apollo's Sponsor and Secondary Solutions business (Apollo S3) led the transaction with additional investments from funds managed by Hamilton Lane, the Crestview team, and others.

Raxio: $100 Million Raised From IFC For Enhancing Sub-Saharan African Data Center Platform

By Amit Chowdhry ● Apr 7, 2025

Raxio Group, a leading Sub-Saharan African data center platform, announced it has signed an agreement for $100 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group. This funding will advance Raxio’s expansion of facilities powering key technologies like AI, cloud computing, and digital financial services – critical enablers of Africa’s economic growth and digital inclusion.

Linus: $5 Million Raised For Making SAT Preparation More Fun

By Amit Chowdhry ● Apr 7, 2025

The SAT exam remains a major test that can open doors to scholarships, colleges, and future opportunities. And for decades, preparing for it has been synonymous with stress, boredom, and high costs. This is where Linus comes in. Created by gaming industry veterans and backed by a $5 million seed round led by Owl Ventures (the world's largest edtech investor), Linus combines teaching methods with the power of engaging and game-like experiences to transform how students study for this crucial exam.

CMR Surgical: $68.75 Million Raised From Trinity Capital

By Amit Chowdhry ● Apr 7, 2025

Leading alternative asset manager Trinity Capital announced the commitment of up to $68.75 million in growth capital to CMR Surgical, a global medical devices company dedicated to transforming surgery with the Versius Surgical Robotic System, an adaptable soft-tissue surgical robot. This investment forms part of the company's recently closed financing round of over $200 million.

Phoenix Service Partners: $350 Million In Capital Secured To Support Rapid Growth

By Amit Chowdhry ● Apr 7, 2025

Phoenix Service Partners announced the closing of a $150 million asset-based lending (ABL) facility that includes an additional $100 million accordion feature. This strategic funding was closed concurrently with Phoenix's $100 million equity partnership agreement, enhancing the company's financial foundation and growth trajectory.