Archives

Avilution is a company that is transforming avionics design with their eXtensible Flight System (XFS). Pulse 2.0 interviewed Avilution founder Mark Spencer to learn more about the company.

Zuora - a leading monetization platform for modern business - announced the completion of its acquisition by Silver Lake, the global leader in technology investing, in partnership with an affiliate of GIC for $10 per share in cash. And with the completion of the acquisition, Zuora’s Class A common stock will cease trading and the company will no longer be listed on the New York Stock Exchange.

Cache, a fintech company that offers specialized products for managing large, concentrated stock positions for individuals and their advisors, announced that it crossed $300 million in assets under management (AUM). Reached within only ten months of their launch, the milestone reflects Cache’s rapid growth and commitment to democratizing access to advanced financial instruments, starting with its modern exchange funds.

Medsender, an AI-based workflow automation platform for healthcare providers, announced a recent $5 million Series A investment led by Ballast Point Ventures. And Medsender will use the funding to bolster its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients.

DeepL is a global communications platform powered by Language AI. Since 2017, the company has been on a mission to break down language barriers. Pulse 2.0 interviewed DeepL CEO Jarek Kutylowski to learn more about the company.

Augmetec, a legal tech startup founded and led by Kritin Sundaram, announced that it has raised over £2 million in seed funding. The funding round is led by UK-based early-stage investors Fuel Ventures, with participation from Swiss fund 14Peaks Capital, and three industry angel investors, such as the Founding Partner of one of the world’s largest law firms, the family office of over $1 billion legal tech organizations, and the Head of Fraud at Asia’s largest law firm.

Abridge, a leading generative AI (GenAI) platform for clinical conversations, announced it has raised a $250 million Series D investment, coinciding with the milestone of surpassing 100 deployments at some of the largest and most complex health systems in the US. This funding round was co-led by Elad Gil and IVP, and it also includes contributions from Bessemer Venture Partners, California Health Care Foundation, CapitalG, CVS Health Ventures, K. Ventures, Lightspeed Venture Partners, NVentures (NVIDIA’s venture capital arm), Redpoint Ventures, Spark Capital, and SV Angel.

TimeFlow - a solution that automates and optimizes workforce management and IT supply chain resource procurement - announced the closing of a new €4 million funding round. This funding round, which is funded in part by the European Union-Next Generation EU, was supported by a major pool of investors such as Vertis SGR, through the Vertis Venture 6 Digital Sud fund, Azimut, through AZIMUT ELTIF Venture Capital ALIcrowd III vehicles and Azimut Venture Capital Digitech Europe and X-Equity strategy funds, both of which have strategic support from FNDX. CDP Venture Capital (Fondo Rilancio), Growth Engine, and Duccio Vitali have also converted 625k euros of previously subscribed convertible instruments into equity.

Multiples Alternate Asset Management and its co-investors announced it signed definitive documents to acquire a controlling stake in a high-growth digital product engineering platform QBurst. This deal, with an investment of $200 million, marks Multiples' most significant control investment in technology services.

Kodesage, a company specializing in AI-based solutions for legacy software modernization, announced it has raised €2.3 million in pre-seed funding led by PortfoLion Capital Partners and with participation from prominent angel investors, including former UiPath executives.

Output Sports, an Irish sports technology company that is focused on making elite-level sports science simple and scalable, announced that it has closed a $4.8 million (€4.61 million) pre-A funding round. This funding round round brings in new support from athlete-led Apex Capital, Uni.Fund, and Dopamine Sports. The funding also included existing investors Elkstone, Atlantic Bridge, and Enterprise Ireland. This financing also features a number of angel investors, including Jim Kelliher.

Rinse is a company that is building the first and largest national and global brand in clothing care. Pulse 2.0 interviewed Rinse co-founder and CEO Ajay Prakash to learn more about the company.

Lingopal.ai, a real-time speech-to-speech translation leader, announced it raised $14 million in an oversubscribed Series A funding round led by global venture capital firm DCM Ventures, with participation from Scrum Ventures, Marquee Ventures, and prominent angel investors across multiple sectors.

IMB Partners, a private investment firm based in Bethesda, Maryland, announced the final close of its inaugural institutional fund IMB Partners SBIC I. SBIC Fund I closed with a total committed capital of $125.5 million, exceeding its original target of $100 million.

Klook, a leading platform for experiences and travel services in Asia, announced $100 million in funding led by the global growth investment firm Vitruvian Partners. The latest funding round validates continued confidence in Klook’s vision, market leadership, and operational excellence as the company accelerates its efforts to capture the fast-growing market of next-generation travelers and deepen its reach across the Asia Pacific.

Levee Medical, a medical device company focused on improving outcomes for prostate cancer surgery patients, announced the closing of its Series B funding, totaling over $14 million including note conversions.

Northrim Horizon, a permanent capital investment firm, announced the closing of Northrim Horizon Fund III, L.P., with a total committed capital of $235 million (the hard cap). Raised over five months, Fund III was oversubscribed with commitments from leading global investors, including insurance companies, endowments, fund-of-funds, and family offices.

Pinkfish AI, a pioneer of Generative Automation, announced it launched a platform that radically changes how enterprises create and manage automation. The company also announced closing a $7.6 million pre-seed funding round led by Norwest Venture Partners. And Storm Ventures and angel investors joined the round. Norwest Partner Scott Beechuk will join the board of directors.

Rotunda Capital Partners announced it invested in RMH Systems, a material handling, packaging, and automation solutions provider. This partnership—formed in collaboration with the Howard family and existing leadership—positions RMH for accelerated growth and expanded market reach.

DAFgiving360, which is one of the largest national providers of donor-advised fund (DAF) accounts and related philanthropic resources, reported that its donors granted more than $7.7 billion to charity in 2024, a 25% increase – or $1.5 billion more – compared to 2023. The donors supported 151,000 individual 501(c)(3) nonprofits through more than 1.3 million grants.

Excelestar Ventures helps portfolio companies produce growth and sustainable profits with a long-term perspective. Pulse 2.0 interviewed Excelestar Ventures Founding Partner Tasneem Dohadwala to learn her thoughts on the future of VC investments.

Kodiak Hub, an AI-based supplier relationship management (SRM) platform, announced a strategic expansion into the U.S. market. Backed with a $6 million investment from Oxx, this move positions Kodiak Hub to help U.S. companies build resilient and sustainable supply chains amid growing pressure from regulatory changes, emerging tariffs, and increasing demands for supply chain transparency.

AI-based workflows Tines announced $125 million in Series C financing, valuing the company at $1.125 billion. The funding round was led by Growth Equity at Goldman Sachs Alternatives with participation from new investors SoftBank Vision Fund 2 and Activant and existing investors Accel, Felicis, CrowdStrike Falcon Fund, and Addition.

Pickleheads, a leading platform for pickleball players to connect and organize games, announced the closing of a $2.5 million seed round. This seed round was led by Overline, an Atlanta-based VC, with participation from Ardent, Oregon Sports Angels, Profluence Capital, Service Provider Capital, and Network Ventures.

Comulate, a company utilizing AI to transform the insurance industry, announced a $20 million Series B funding round led by BOND and Workday Ventures, marking a major expansion of its vision to transform the insurance back office.

Roots Automation is a company that brings together machine intelligence and human ingenuity in the form of advanced AI agents that read, reason, and infer like humans. Pulse 2.0 interviewed Roots Automation co-founder and CEO Chaz Perera to learn more about the company.

Arcube, a Manchester, UK-based startup looking to transform the airline industry, announced it has raised a $1.5 million seed round co-led by Fuel Ventures and Oxford Capital Partners. And notable investors include the Chairman and former CEO of Pegasus Airlines and the founders of PointsYeah.com.

Datalign Advisory, an AI-based platform that matches consumers with leading financial advisors, today announced that Link Ventures invested $5 million in Datalign, bringing the total investment to $9 million on a post-money valuation of $75 million.

Sintavia, a leading all-digital aerospace component manufacturer, announced that it raised a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund. The capital from this investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and offer general working capital for the business. Additional terms of the transaction were not disclosed.

Alexi, a leading AI litigation platform, announced a C$4.5 million debt facility from TD Innovation Partners (TDIP). This new financing, which adds to its $15 million Series A in 2024, led by Drive Capital, will fuel Alexi’s continued growth, drive product innovation, and continue its mission of providing the legal community with cutting-edge AI tools.