Archives

Evofem Biosciences is a company that develops and commercializes women's health products, with its main focus being the hormone-free on-demand prescription contraceptive Phexxi. Pulse 2.0 interviewed Evofem Biosciences CEO Saundra Pelletier to gain a deeper understanding of the company.

Integral Ad Science, a global platform specializing in media measurement and optimization, recently announced a significant development. The company has entered into a definitive agreement to be acquired by Novacap, a leading North American private equity firm, through an all-cash transaction. This deal values Integral Ad Science at approximately $1.9 billion. The acquisition is expected to pave the way for further growth at Integral Ad Science as it continues to invest in AI-first technology.

Sagard, a global alternative asset manager, and Unigestion, a renowned European private equity firm specializing in the middle market, have announced their intention to combine their private equity operations. This strategic merger is set to create a new global leader in providing private equity investment solutions for the middle market. The newly formed platform will oversee more than $23 billion in private equity assets and will significantly broaden its geographical reach and the variety of products offered.

Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation, and data-driven insights to establish, maintain, and reassert trust accurately. Pulse 2.0 interviewed Jumio Chief of Digital Identity, Philipp Pointner, to gain a deeper understanding of the company.

Ventech, a pan-European venture capital firm recognized for its early investments in successful companies such as Believe, Vestiaire Collective, and Withings, has announced the final close of its sixth flagship fund at €175 million.

Fnality, a company focused on developing next-generation wholesale payment systems under the watchful eye of central banks, has successfully raised an impressive $136 million, equivalent to £99.7 million, in a Series C funding round. This substantial investment was spearheaded by a distinguished group of lead investors including WisdomTree, Bank of America, Citi, KBC Group, Temasek, and Tradeweb. In addition to these new key players, the round also saw continued support from existing investors such as Banco Santander, Barclays, BNP Paribas, DTCC, Euroclear, Goldman Sachs, ING, Nasdaq Ventures, State Street, and UBS, underscoring the widespread confidence in Fnality's vision and progress.

Nyobolt is a company specializing in battery technology, with a focus on developing ultra-fast charging, high-power density battery solutions. Pulse 2.0 interviewed Nyobolt co-founder and CEO Sai Shivareddy to gain a deeper understanding of the company.

Veezoo, an innovative company focused on Agentic Analytics, has recently announced the successful closure of a $6 million Series A funding round. This significant investment, led by ACE Ventures, will enable the Swiss technology company to accelerate its expansion efforts across both Europe and the United States. As a profitable business, Veezoo strategically pursued this funding to propel its next phase of substantial growth.

Sleep.ai is a company transforming how the world understands and improves sleep by combining decades of clinical science with AI-powered technology. Pulse 2.0 interviewed Sleep.ai CEO Colin Lawlor to gain a deeper understanding of the company’s vision, data-driven platform, and the role of its B2B API in reshaping sleep health.

Unit 221B, a company dedicated to disrupting threats by providing actionable intelligence and cybersecurity solutions, has announced a significant milestone today: it has successfully raised $5 million in seed funding. This crucial investment round was spearheaded by J2 Ventures, with additional participation from Pipeline Capital and several other investors. This funding will enable the company to develop its capabilities further and expand its reach.

Empower Semiconductor, a leader in providing power solutions for advanced artificial intelligence processors, has successfully concluded its Series D financing round, raising in excess of $140 million. This significant investment was spearheaded by Fidelity Management & Research Company and included participation from a distinguished group of investors. Among these were Maverick Silicon, CapitalG, Atreides Management, Socratic Partners, Walden Catalyst Ventures, and Knollwood, as well as a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). 

Rocket, an innovative AI-based platform that simplifies application development by turning natural language into functional applications, has completed a $15 million Seed funding round. This investment was spearheaded by Salesforce Ventures and Accel, with additional participation from Together Fund. The newly acquired capital will be strategically allocated to bolster research and development efforts, accelerate product innovation, and expand Rocket's global market presence. A key part of this expansion includes the establishment of a new North American headquarters located in Palo Alto, California.

Morse Micro, a leader in providing Wi-Fi HaLow silicon solutions worldwide, has completed its Series C funding round, raising an impressive $59 million, which translates to $88 million in Australian currency. This significant investment was spearheaded by MegaChips, with valuable contributions from a diverse group of participants, including the National Reconstruction Fund Corporation (NRFC), Blackbird, Main Sequence, Uniseed, and Ray Stata. Additionally, notable figures such as Malcolm and Lucy Turnbull, along with Startmate and several institutional investors, including Hostplus, NGS, and UniSuper, joined the round. This latest funding infusion brings the company's total funding to date to over $193 million, or $290 million AUD, highlighting strong investor confidence in Morse Micro's vision.

wexler.ai, an advanced AI platform specifically designed to handle the complexities of legal disputes, recently announced it has successfully completed a $5.3 million seed funding round. This significant investment was spearheaded by Pear VC, with additional contributions from Seedcamp, The LegalTech Fund, and its initial pre-seed investors, Myriad Venture Partners. This funding coincides with the introduction of Wexler Real-Time.

United Kingdom-based DaltonTx has emerged from its development phase, announcing the completion of a £4 million seed financing round. This investment will fuel the company's mission to develop advanced, AI-based discovery platforms. These platforms are designed to fundamentally change the financial aspects, timelines, and ultimate success rates of research and development, with the overarching goal of bringing life-changing medicines to patients much more quickly.

Dutch food-tech company Revyve has closed a Series B financing round at nearly €24 million. This significant investment brings their total capital raised to over €40 million. Co-leading the Series B were ABN AMRO Sustainable Impact Fund and Invest-NL, with additional regional support provided by Brabantse Ontwikkelings Maatschappij (BOM). Strategic investments also came from Danstar Ferment, a Swiss affiliate of Lallemand Bio-Ingredients, and Grey Silo Ventures, the corporate venture capital arm of Cereal Docks Group. And existing investors Oost NL and Royal Cosun significantly increased their commitments, reinforcing their belief in Revyve's potential.

TELO Trucks, a company that has created an electric mini truck specifically engineered for American urban environments, has successfully closed an oversubscribed Series A funding round at $20 million. This significant investment was spearheaded by the renowned designer Yves Behar and Marc Tarpenning, a co-founder of Tesla and Venture Partner at Spero Ventures, lending considerable weight and expertise to TELO's mission. Some of the additional investors included TO VC, E12 Ventures, Neo, Marc Benioff, Uncorrelated Ventures, Nova Threshold, MCJ, and a collection of other prominent investors.

Capital Rx, a company specializing in health technology and benefits administration, has announced a substantial $400 million investment. This includes a $252 million Series F funding round, along with additional investments in the company's securities, all of which are expected to be finalized in early October. The funding round was led by prominent firms Wellington Management and General Catalyst, with significant contributions from Generation Investment Management, Growth Equity at Goldman Sachs Alternatives, 9Yards Capital, B Capital, Edison Partners, Prime Health Investments, and Transformation Capital, and others.

Open-source software company Obot AI has closed a $35 million seed funding round. This substantial investment, co-led by prominent venture capital firms Mayfield Fund and Nexus Venture Partners, will fuel the company's ambitious plans to develop secure, enterprise-ready platforms that adhere to the emerging Model Context Protocol (MCP) standard.

Caregility Corporation, a leader in enterprise telehealth, is dedicated to connecting patients and clinicians everywhere through its cutting-edge virtual care and AI-powered solutions. The company recently announced that it has successfully raised an additional $25.1 million through its Series A-2 Preferred Stock and Series C funding rounds. This significant investment round was spearheaded by Star Mountain Capital, with additional contributions from a diverse group of participants, including management, Dr. York Wang, PhD, the initial founders, and high-net-worth investors with a particular focus on the healthcare sector. This latest funding brings the total external investment in Caregility to $92 million.

Track3D, a company that has quickly established itself as a leader in applying Reality Intelligence to the construction industry, recently announced a significant achievement: a successful Series A funding round that brought in $10 million. The funding round was led by Ironspring Ventures, with Zacua Ventures acting as a co-lead investor. Existing investors Shadow Ventures and Monta Vista Capital also contributed to this round, bringing Track3D's total funding to an impressive $14.3 million since its establishment in 2022.

Filevine, a prominent leader in the legal technology field, has completed an all-equity financing round, raising $400 million. This substantial investment clearly demonstrates the strong confidence investors have in the rapidly expanding legal tech market and Filevine's growing significance within it. Over a period of fifteen months, Filevine meticulously executed two distinct funding rounds. The initial round was led by Insight Partners in the investment efforts. This was then followed by a larger, subsequent round, where Accel and Halo Fund joined Insight Partners as co-leads, benefiting from the continued and unwavering support of existing investors, including Meritech, Stepstone, Run Ventures, and Album Ventures. 

Testkube, a leading continuous testing platform, has closed an $8 million Series A funding round. This investment was spearheaded by existing backers Ratmir Timashev (who co-founded Veeam Software) and Insight Partners (a renowned global software investor). This significant financial boost highlights a growing awareness in the technology sector.

ExxonMobil is proceeding with the Hammerhead development, an ambitious project located off the coast of Guyana. This decision follows the securing of all necessary regulatory approvals, marking Hammerhead as the seventh significant undertaking within the Stabroek block. It is anticipated that this new development will commence operations in 2029, significantly enhancing the region's oil production capabilities.

Revolut has unveiled its new global headquarters in London's bustling Canary Wharf. This move signifies a strong commitment to its origins in the United Kingdom and underscores its overarching goal of becoming the premier provider of financial services worldwide.

The ODP Corporation - a leading provider of products, services, and technology solutions through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, dedicated sales professionals, online presence, and a network of Office Depot and OfficeMax retail stores - has entered into a definitive agreement to be acquired by an affiliate of Atlas Holdings, a well-established entity that owns and actively operates a diverse global portfolio of manufacturing and distribution businesses. This strategic acquisition will see Atlas Holdings purchasing The ODP Corporation for a cash price of $28 per share.

Premier, a company dedicated to leveraging technology for the betterment of healthcare, has announced it has entered into a definitive agreement to be acquired for $2.6 billion. The purchasing entity is an affiliate of Patient Square Capital, a move that signals a new and transformative chapter for Premier's future operations and strategic direction.

Accel-KKR, a prominent investment firm specializing in technology companies, has recently announced its acquisition of a majority stake in Arbiter, a well-established provider of software designed to manage athletic and school operations. This significant investment is intended to set Arbiter on a path for substantial future growth, foster continued innovation, and enhance its positive impact on customers within the K-12 educational sector. Serent Capital, which initially partnered with Arbiter in 2017, will maintain a minority equity position in the company.

ROLLER, a leading all-in-one platform for managing venues, has announced its acquisition of BookNow Software, a booking and operations platform based in the UK. This strategic move is poised to accelerate ROLLER's overarching mission to bring more enjoyment to people worldwide by empowering venue operators to grow their businesses more quickly and deliver truly exceptional experiences for their guests.

HighVista Strategies, a specialized alternative asset manager owned by its employees, recently completed a unique secondary transaction. This deal was designed to offer existing investors in several mature venture capital funds the opportunity to access their capital. The transaction involved seven HighVista funds, collectively representing a net asset value exceeding $425 million.