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HT Materials Science (HTMS) is the global leader in smart heat transfer fluids for commercial and industrial heating and cooling systems. Pulse 2.0 interviewed HT Materials Science CEO Thomas Grizzetti to learn more about the company.

UAV, a leader in innovative manned and unmanned aerial vehicle (UAV) technologies, announced a few updates on its latest advancements in airship technology and its growing global presence. And with several global contracts currently under negotiation, UAV continues to position itself as a leader in sustainable aviation solutions. These agreements, which are represented by Letters of Intent (LOIs), outline additional contracts valued at a minimum of $105 million for a system of three DART Series (Detachable-Airship-Retractable Tether) airships.

SuperDial, a voice AI company automating phone calls for healthcare organizations, has acquired MajorBoost. This fellow innovator has developed an AI-powered system to automate waiting on hold and navigating insurance companies’ Interactive Voice Response (IVR) phone trees. And this acquisition augments SuperDial’s capabilities in automated dialing, IVR and hold navigation, and collecting information over the phone from live representatives.

NV5, a technology, certification, and consulting solutions provider, has agreed to acquire Group Delta, a provider of infrastructure engineering, testing, and environmental PFAS services. Based in Irvine, California, Group Delta specializes in Southern California's large-scale water, electrical utility, and transportation infrastructure.

Apollo has agreed to acquire Argo Infrastructure Partners, a leading mid-market asset manager targeting essential infrastructure assets in North America, in a stock and cash transaction. And at closing, Argo will add about $6 billion of high-quality assets to the Apollo infrastructure platform and an experienced team of more than 20 professionals focused on core and core plus infrastructure equity opportunities.

Kratos Defense & Security Solutions - a technology company in Defense, National Security and Global Markets - announced that it has recently received an approximate $100 million total potential value hypersonic system program award. And about $15 million of funding has been received by Kratos at contract award, with significant increased funding expected in the second half of Kratos fiscal year 2025.

Act III Holdings, an investment firm with $1+ billion in assets dedicated to partnering with consumer-facing brands, announced a strategic investment in Honest Greens Barcelona. This rapidly growing mission-driven restaurant brand based in Barcelona, Spain, is renowned for its commitment to wholesome, chef-driven, and affordable meals delivered in a fast-casual setting. And Act III’s involvement will provide capital and expertise to help scale Honest Greens as it continues its rapid expansion, supporting its goal to transform the dining landscape across Europe.

DTE announced it spent $3.3 billion with Michigan businesses in 2024, creating and sustaining nearly 14,000 jobs nationwide. And the company continues to be a leader in partnering with local suppliers. It has invested over $24 billion with Michigan-based suppliers since 2010, creating or sustaining 92,000 Michigan jobs.

Advisor360°, a leading provider of integrated technology for enterprise wealth management firms, announced it acquired Parrot AI, a Boston-based generative AI technology firm. This deal builds on Advisor360°’s existing AI capabilities with the addition of Parrot AI’s premium software—enabling advisors to record, transcribe, and summarize meetings to produce shareable notes and files that securely and seamlessly integrate with all major meeting and conferencing platforms.

Sidley announced that David Grubman and Adam Cromie had joined Sidley’s M&A practice as partners in the New York office. Grubman joins from Jones Day, where he was M&A Chair for the Americas for the firm’s corporate practice. He will be the global co-leader of Sidley’s M&A practice. Cromie joins from Simpson Thacher, where he was an M&A partner. He worked with Grubman previously for seven years.

Enable, an AI-based rebate management leader, announced the acquisition of the pricing engine Flintfox. This strategic deal brings together rebate and pricing management expertise to deliver a unified solution for managing trading partner incentives, enabling organizations to drive better collaboration, align incentives with strategic goals, and maximize profitability.

Zellis announced a definitive agreement to acquire elementsuite, an AI enabled HR software company. As part of the deal, elementsuite will be combined with Zellis, the largest provider of payroll and HR software to the UK and Ireland, creating an end-to-end AI-powered HR and Payroll platform.

Holly, an AI-based platform modernizing government hiring, announced the closing of its $2.2 million oversubscribed pre-seed round, led by J2 Ventures with participation from Roble Ventures, Gaingels, and prominent angel investors. This funding will support Holly's platform as it works to solve the million-job government workforce vacancy crisis.

Ouro Medicines, a biotechnology company creating immune reset therapeutics for people living with chronic immune-mediated diseases, announced its launch with $120 million in funding. And the company was launched by Monograph Capital in partnership with GSK plc. And the Series A funding round was co-led by TPG Life Sciences Innovations, NEA, and Norwest Venture Partners, with participation from Monograph Capital, GSK, UPMC Enterprises, Boyu/Zoo Capital, LongRiver Investments, and other unnamed investors.

Overhaul, an industry leader in active supply chain risk management and intelligence, announced the completion of $55 million in equity funding led by Springcoast Partners, with follow-on participation from existing investors Edison Partners and Americo. The growth investment from Springcoast will fuel Overhaul's continued advancements in AI and support its strategic acquisition roadmap.

Phase Four, a leader in advanced in-space propulsion design and manufacturing, announced the first closing of its Series C funding round. The company has secured nearly 60% of the target raise with strong participation from new and existing investors. The funding round was led by Artemis Group Capital, the Oklahoma-based investment firm helmed by former NASA Administrator Jim Bridenstine, underscoring the growing confidence in Phase Four's innovative propulsion solutions.

Timberlyne Therapeutics - a clinical-stage biopharmaceutical company focused on the development of novel therapies for autoimmune disorders - announced the closing of a $180 million Series A financing to advance CM313, a potentially best-in-class monoclonal antibody targeting CD38, for diseases of high unmet medical needs. The funding was led by investors Abingworth, Bain Capital Life Sciences, and Venrock Healthcare Capital Partners, with participation from Boyu Capital, Lilly Asia Ventures, Braidwell LP, and 3H Health Investment.

Farther, a leading technology-driven wealth management firm, announced it has welcomed SignalPoint Asset Management to its platform. And with about $650 million in client assets under management, SignalPoint represents Farther’s most significant partnership to date, solidifying its reputation as a rapidly growing RIA.

AccountsIQ, a leading provider of cloud-based accounting software, announced its acquisition of ExpenseIn. This expense management software empowers businesses to take control of their expense and invoice management process. And ExpenseIn, which joins the AccountsIQ Group and will continue trading with its existing name, shares AccountsIQ’s values and customer-centric approach.

Stellex Capital Management, a New York-based middle-market private equity firm, announced that it has completed an acquisition of Industrial Construction Services Holding (ICS), a leading provider of electrical services. The financial terms of the transaction were not disclosed.

Speyside Equity Advisers - a private equity firm that invests in middle-market, buyout transactions in the manufacturing and value-added distribution sectors - announced that it has completed the acquisition of GSC Technologies. The deal will enable Speyside's continued investment in GSC and fuel the company's next growth phase. GSC is a leading manufacturer of plastic goods in North America.

ControlMonkey, an end-to-end cloud automation platform offering "Total Cloud Control with Terraform," announced its global launch and the close of a $7 million seed round, co-led by lool ventures and Joule Ventures. This funding round will accelerate the development of ControlMonkey's cloud governance tools and expand its global operations, including significant investments in engineering, customer success, and go-to-market initiatives.

Rockfish Data, a leader in synthetic data generation for operational workflows, announced the closing of a $4 million seed fundraising round. This funding round was led by Emergent Ventures with participation from Foster Ventures, TEN13, Dallas VC, NewBuild Venture Capital, and others. This brings the total amount raised close to $6 million.

Electric vehicle (EV) merchandising solution Lyteflo announced $3 million in seed funding. Launched by Ryan Osten (CEO) and Dominick Rivard (CTO), Lyteflo seamlessly integrates into dealership websites to help auto dealers move their EV inventory faster and appraise EV batteries with precision: a one-stop shop to help dealerships win the electric future. And Diagram led the oversubscribed round, with participation from Whitecap Venture Partners and Amplify Capital.

Netradyne, a SaaS provider of artificial intelligence (AI) and edge computing, announced closing a $90 million Series D round led by Point72 Private Investments with participation from Qualcomm Ventures and Pavilion Capital. The funding will accelerate the company’s growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global expansion, solidifying Netradyne as a worldwide industry leader in commercial fleet technology.

Coram AI, an innovator in LLM-powered video security, announced it raised $13.8 million in Series A funding in a round led by Battery Ventures. And existing investors 8VC and Mosaic Ventures also participated in the round.

Leading US health systems, including Advocate Health, CommonSpirit Health, Henry Ford Health, Northwell Health, Providence, and Trinity Health, announced the Truveta Genome Project, which is an innovative collaboration to generate genetic data on tens of millions of consented and de-identified volunteers, creating the largest and most diverse database of genotypic and phenotypic information ever assembled. For this initiative, 17 health systems, including Regeneron and Illumina, have invested $320 million in Truveta preferred equity at a valuation exceeding $1 billion. As part of this deal, Regeneron has made a strategic investment of $119.5 million upfront (as part of Truveta’s Series C financing round), enabling the advancement of discovery and development of new therapies and the development of next-generation solutions for healthcare delivery and population health management. And Illumina, a global leader in DNA sequencing and array-based technologies, will invest $20 million. This builds on the previously announced strategic investment Microsoft made into Truveta.

Reown (previously known as WalletConnect) announced it has closed a $13 million Series B funding round. USV and 1kx led the funding round and it also included Global Digital Asset Holdings (a joint venture investment vehicle established by SC Ventures and SBI Holdings), Shopify Ventures, Kraken Ventures, Crypto.com Capital, Figment, Kiln, Everstake, BitGo Ventures, and Fenbushi. So far, Reown has raised a total of $38 million from some of the most prominent investors in Web 2 and web3.

Light Horse Therapeutics - a developer of first-in-class small molecule therapeutics - announced a $62 million Series A funding round. This funding was led by founding investor Versant Ventures and included Mubadala Capital as well as three strategic investors: Bristol-Myers Squibb Co, Taiho Ventures, and AbbVie. And Light Horse is the latest company started by Versant’s Inception Discovery Engine, and its scientific co-founders are Brian Liau, PhD, Ben Cravatt, PhD, and Nathanael Gray, PhD.

eBay announced that it has agreed to acquire Caramel, an end-to-end online automotive transaction solution provider. Caramel's technology platform provides a secure and seamless digital transaction experience that handles all of the complexities of a vehicle sale, including paperwork, ownership transfer, financing, transportation, and more, whether using on Caramel's site or app, through an independent dealer, or via Caramel's multiple marketplace and auction partners.