Archives

Hero Bread: Low-Carb Food Company Raises $15 Million And Expands Distribution To 2,300 Stores

By Dan Anderson ● May 16, 2023

Hero Bread - a food innovation company developing low-carb options - recently announced it raised $15 million in funding, bringing the total funding to $47.5 million. And Hero Bread also announced the national retail launch of its better-for-you bread and baked goods.

Foretellix: Safety-Driven Verification Company Secures $43 Million

By Dan Anderson ● May 16, 2023

Foretellix - a leading provider of safety-driven verification and validation solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS) - announced recently it had raised $43 million in the first closing of its Series C funding round led by 83North, bringing its total raised capital to over $93 million.

Invenda: How This Company Is Bringing Ad Revenue To Vending Machine Screens

By Amit Chowdhry ● May 16, 2023

Invenda Group AG is a company that has developed a connected ecosystem of software, hardware, advertising, data collection, payment, and services focused on the automated retail industry. To learn more about the company, Pulse 2.0 interviewed Invenda founder and CEO Jon Brezinski.

Mavenir: $100 Million Raised To Build The Future Of Networks

By Annie Baker ● May 15, 2023

Mavenir - a Network Software Provider building the future of networks with cloud-native solutions that run on any cloud - recently announced the closing of a $100 million capital raise following a successful $250 million fundraise in 2022.

Matik: How This Company Helps Businesses Automate Time-Intensive Presentations

By Amit Chowdhry ● May 15, 2023

Matik is a company that automates the creation and sending of personalized data-driven presentations. To learn more about the company, Pulse 2.0 interviewed Matik co-founder and CEO Nik Mijic.

benefitbay: How This Company Helps Brokers Model ICHRA For Employer Clients

By Amit Chowdhry ● May 15, 2023

benefitbay is a platform for brokers, employers, and employees that enables quick and simple Individual Coverage Health Reimbursement Arrangement (ICHRA) deployment for companies of all sizes. To learn more about benefitbay, Pulse 2.0 interviewed CEO Brandy Burch.

Why TPG Is Buying Angelo Gordon For $2.7 Billion

By Amit Chowdhry ● May 15, 2023

TPG - a leading global alternative asset management firm - and Angelo Gordon, a $73 billion alternative investment firm focused on credit and real estate investing - announced that the companies have entered into a definitive agreement under which TPG will acquire Angelo Gordon in a cash and equity transaction valued at approximately $2.7 billion (based on TPG's share price as of May 12, 2023), including an estimated $970 million in cash and up to 62.5 million common units of the TPG Operating Group and restricted stock units of TPG, in each case, subject to certain adjustments. The deal also includes an earnout based on Angelo Gordon’s future financial performance, valued at up to $400 million.

Quantexa: This Company Is An Innovation Leader In The $200+ Billion Decision Intelligence Market

By Amit Chowdhry ● May 15, 2023

Quantexa is a global data and analytics software company that is pioneering Contextual Decision Intelligence, which empowers organizations to make trusted operational decisions by making data meaningful. To learn more about the company, Pulse 2.0 interviewed Quantexa founder and CEO Vishal Marria.

Quris-AI: How This Company Is Redefining Drug Development Using AI/ML

By Amit Chowdhry ● May 15, 2023

Quris-AI is an artificial intelligence company that is disrupting drug development and its machine-learning bio-platform better predicts which drug candidates will safely work in humans, avoiding major costs of failed clinical trials. To learn more about the company, Pulse 2.0 interviewed Quris-AI CEO Isaac Bentwich, MD.

OpenEnvoy: Accounts Payable Automation Company Closes $15 Million

By Annie Baker ● May 14, 2023

OpenEnvoy - an AI company that has built the industry-leading solution for accounts payable (AP) automation - announced it raised $15 million in Series A financing led by RRE Ventures, including participation from Coelius Capital, Hack VC, Riot Ventures, and Uncorrelated Ventures.

Intrinsic: Consumer Health Company Secures $15 Million

By Dan Anderson ● May 14, 2023

Intrinsic - an omnichannel consumer health company - announced a $15 million equity fundraising to focus exclusively on women's health. And the new funding round - which brings the company's total funding to $128 million raised to date - includes participation from new investors FCA Venture Partners and MAP Investco along with existing investors Define Ventures, Link Ventures, Redesign Health, and others.

Aiden Technologies: IT Automation Solutions Company Secures $4.5 Million

By Noah Long ● May 14, 2023

Aiden Technologies - a provider of modern and intelligent software packaging and deployment for Microsoft Windows announced it has secured $4.5 million in its second round of seed funding. The co-lead investors in this round of funding are Right Side Capital Management and Blu Venture Investors. Right Side was also the largest investor in Aiden's initial round of funding in 2021 when it raised its initial $2.9 million seed funding.

Moonsense: Fraud Prevention Company Raises $4.2 Million

By Dan Anderson ● May 14, 2023

Fraud prevention innovator Moonsense announced they have raised $4.2 million in seed funding and the general availability of its user behavioral and network intelligence solution to help organizations future-proof their fraud detection and prevention. And Moonsense's new approach allows companies to better customize fraud management based on their unique business and is actively being used across several security and risk-sensitive industries including financial services, fintech, online merchants, online gambling, among others.

Autonomize AI: $4 Million Secured For Specializing In Life Sciences

By Annie Baker ● May 14, 2023

Autonomize AI - a trusted artificial intelligence (AI) company for healthcare and life sciences - announced it has closed a $4 million seed round to support the development and scaling of the company’s AI platform. And Asset Management Ventures led the round, with participation from ATX Venture Partners, Loop Ventures and The Next Practices Group.

Essenvia: Regulatory Submission Management Raises $4 Million

By Dan Anderson ● May 14, 2023

Essenvia - a pioneer in regulatory submission management for the MedTech industry - announced it closed $4M in Pre Series A financing led by Benhamou Global Ventures and Wavemaker360 with participation from existing investors First Rays, Rebright partners, as well as Pasadena Angels. And the company announced the appointment of Wavemaker360 partner Kwame Ulmer and BGV Partner Yashwanth Hemaraj to Essenvia's board of directors.

Origin Investments: Over $300 Million Raised For Final Close Of QOZ Fund

By Amit Chowdhry ● May 14, 2023

Origin Investments - a leading real estate fund manager - announced the final close of Origin Qualified Opportunity Zone Fund II (QOZ Fund II) after raising over $300 million which follows raising more than $264 million for Origin Qualified Opportunity Zone Fund I (QOZ Fund I). And with that level of fundraising achieved, Origin ranks in the top 2% of QOZ managers that report equity raised, according to proprietary industry research by Novogradac.

Fedi: Financial And Data Technology Company Secures $17 Million

By Noah Long ● May 14, 2023

Fedi - a U.S.-based developer of community-empowering financial and data technology - announced that it has raised $17 million in a Series A funding round and the company is set to pre-launch an alpha version of Fedi for builders later this month.

Pando: Supply Chain Software Company Secures $30 Million

By Annie Baker ● May 12, 2023

Supply chain software company Pando recently announced it raised $30 million in a Series B funding round.

Embr Labs: $35 Million Secured For Treating Menopause Symptoms

By Noah Long ● May 12, 2023

Embr Labs - the company behind Embr Wave, the leading wearable to treat the symptoms of menopause - announced that it has raised $35 million via intellectual property (IP)-based debt financing.

Novidea: Insurtech Company Secures $50 Million In Series C

By Annie Baker ● May 12, 2023

Novidea - a company that is known as the creator of a born-in-the-cloud and data-driven platform optimizing the entire insurance policy and distribution lifecycle - announced that it has raised $50 million in Series C funding.

NBCUniversal Global Ad Head Linda Yaccarino To Become Twitter CEO

By Annie Baker ● May 12, 2023

NBCUniversal’s global advertising head Linda Yaccarino has resigned from the media giant to join the social media platform company Twitter as its next chief executive. This hiring was confirmed by Twitter’s owner Elon Musk, who is also known as the CEO of SpaceX and Tesla as well.

Differential Ventures: This Firm Specializes In Being Advisors For AI Companies

By Amit Chowdhry ● May 11, 2023

Differential Ventures is a seed-stage venture capital fund that was founded by data scientists and entrepreneurs for data-focused entrepreneurs. To learn more about the firm, Pulse 2.0 interviewed Differential Ventures' managing partner and co-founder Nick Adams.

LifeOmic: How This Company Is Improving The $60+ Billion Global Precision Medicine Market

By Amit Chowdhry ● May 11, 2023

LifeOmic is a company that works with healthcare providers, researchers, and health-focused enterprises to aggregate and utilize health data to improve patient outcomes and provide valuable, actionable insights. To learn more about LifeOmic, Pulse 2.0 interviewed the company’s chief medical officer, Dr. Shelagh Fraser.

Sierra Ventures: How This Venture Firm Helps Entrepreneurs Grow Companies At The Early-Stage

By Amit Chowdhry ● May 11, 2023

Sierra Ventures is an early-stage venture capital firm investing in the future of enterprise, healthcare, and infrastructure - which currently has about $2 billion in assets under management. To learn more about the firm, Pulse 2.0 interviewed Sierra Ventures' managing partner Tim Guleri.

Healthy.io: $50 Million Raised To Turn Smartphones Into Clinical-Grade Devices

By Noah Long ● May 10, 2023

Healthy.io - a global leader in transforming the smartphone camera into a clinical-grade device - announced that it completed a $50 million investment. This Series D funding round was led by Schusterman Family Investments and is joined by Aleph and other existing shareholders.

Lightning AI Has Developed A Go-To Platform For Accelerating And Training ML Models, Saving Companies Billions In Costs

By Amit Chowdhry ● May 10, 2023

Lightning AI is a platform for building machine learning and publishing Lightning Apps that glue together lifecycle tools. To learn more about Lightning AI, Pulse 2.0 interviewed Lightning AI CEO William Falcon.

Silicon Foundry: How This Advisory Firm Helps Companies Become Immersed With New Technologies

By Amit Chowdhry ● May 10, 2023

Silicon Foundry is an advisory firm that is known for working with innovative global corporations to navigate new technologies, engage with key emerging leaders, and deliver high-impact customer, partnership, investment, co-creation, and acquisition opportunities. To learn more about the firm, Pulse 2.0 interviewed Silicon Foundry Principal John Zamora.

Mansa: This Company Is Surfacing Black Culture In A Streaming Market Valued At Over $65 Billion

By Amit Chowdhry ● May 9, 2023

Mansa is a free ad-supported streaming platform that highlights Black content for a global audience. The company was founded by a group of award-winning filmmakers and actors David Oyelowo, Nate Parker, and Chiké Okonkwo as well as tech entrepreneur and film financier Zak Tanjeloff. To learn more about the company, Pulse 2.0 interviewed Tanjeloff.

Sourcepass: $65 Million Raised And Proxios Acquisition

By Annie Baker ● May 9, 2023

Sourcepass - an industry-leading IT Services and Cybersecurity provider - recently announced an additional $65 million in funding, bringing their total funding to $135 million. This investment will be used to advance their groundbreaking strategic initiatives. Sourcepass also announced the successful acquisition of Proxios

Horizon Capital: Over $250 Million In Commitments Raised With A Focus On Ukraine

By Annie Baker ● May 9, 2023

Horizon Capital Growth Fund IV (HCGF IV) announced recently that it exceeded a target size, doubling commitments to $254 million and becoming the 1st fund in Central and Eastern Europe (CEE) to be awarded 2X Flagship Fund status, 1 of circa 10 funds globally who have achieved this distinction, and 1 of only 2 such funds who are women-founded and women-led. This fund will provide growth capital to back visionary entrepreneurs in Ukraine and Moldova. HCGF IV is being managed by Horizon Capital, a U.S. private-equity firm investing in fast-growing tech and export-oriented companies in Ukraine and the near region, and led by Founding Partner and CEO Lenna Koszarny.