Venture Capital

GameAbove Entertainment: Matt Shepard Named As CEO

By Amit Chowdhry ● Today at 9:29 PM

GameAbove Entertainment has appointed Matt Shepard as its new CEO. Shepard, a renowned sports executive and broadcaster, brings decades of experience in the sports and entertainment world to this leadership role.

ProvLabs: Blockchain Infrastructure Company Raises Seed Funding

By Amit Chowdhry ● Today at 8:22 AM

ProvLabs, a provider of blockchain infrastructure technology solutions that enable real-world assets to be deployed at scale, announced it has completed a seed round fundraising and carve-out from Provenance Blockchain Foundation.

Wire 3: $115 Million Credit Facility Signed For Accelerating Fiber Network Expansion

By Amit Chowdhry ● Yesterday at 10:52 PM

Wire 3, a leading provider of high-speed fiber-optic internet, announced the closing of a $115 million credit facility. This facility, led by Woodforest National Bank, CIBC, and JPMorgan, with participation from Axiom Bank, will support the continued expansion of Wire 3's state-of-the-art, 100% fiber-optic network across Florida.

LambdaTest: $38 Million Raised By AI-Based QA Agent-As-A-Service

By Amit Chowdhry ● Yesterday at 10:48 PM

LambdaTest, a leading cloud-based unified testing platform, announced it raised a $38 million funding round led by Avataar Ventures, with participation from Qualcomm Ventures. This brings the total funding to $108 million.

WeaveGrid: $28 Million Raised By EV Software Company

By Amit Chowdhry ● Yesterday at 10:37 PM

WeaveGrid - a software company that enables rapid electric vehicle (EV) adoption on the electric grid - announced $28 million in funding, led by Toyota's growth fund Woven Capital. And existing investors Activate Capital, Collab Fund, Emerson Collective, and Salesforce Ventures participated, with debt provided by HSBC Innovation Banking.

Gentrace: $8 Million (Series A) Secured By GenAI Testing And Monitoring Company

By Amit Chowdhry ● Yesterday at 10:28 PM

Gentrace - a developer platform for testing and monitoring generative AI applications - announced an $8 million Series A funding round led by Matrix Partners, with participation from Headline and K9 Ventures. The funding round, bringing Gentrace's total funding to $14 million, comes as the company launches its groundbreaking tool, Experiments, enabling the first truly collaborative LLM product testing environment that extends beyond engineering teams.

Raptor Maps: $35 Million (Series C) Raised By Solar Asset Management Company

By Amit Chowdhry ● Yesterday at 10:15 PM

Raptor Maps announced an oversubscribed Series C financing round. The $35 million growth investment was led by Maverix Private Equity, with significant participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator.

Astrix Security: $45 Million (Series B) Raised To Secure Non-Human Identities

By Amit Chowdhry ● Yesterday at 2:24 PM

Astrix Security - a trusted solution for securing non-human identities (NHIs) - announced $45 million in Series B funding led by Menlo Ventures with the participation of Workday Ventures, and existing investors, Bessemer Venture Partners, CRV, and F2 Venture Capital.

SPHERE Investments: Interview With Founder, President & CEO Didier Choukroun About The Public Health Equities Firm

By Amit Chowdhry ● Yesterday at 8:00 AM

Based in Miami with offices in Paris and Madrid, SPHERE (Strategic Public Health Equities and Real Estate) is a pioneering force at the intersection of public health equities and real estate investment. With a goal of improving global public health, SPHERE represents an evolutionary approach that goes beyond traditional healthcare infrastructure, reimagining the built environment to improve communities' well-being. Pulse 2.0 interviewed Sphere Investments founder, president, and CEO Didier Choukroun to learn more about the firm.

Platinum Investing In HVAC/R Distributor Global, The Source

By Amit Chowdhry ● Yesterday at 12:59 AM

Platinum Equity announced a significant investment in Global, the Source, a leading master distributor of HVAC/R components, and its subsidiary AmRad Manufacturing. The deal marks Platinum Equity’s second investment in the HVAC/R industry this year. And in July, the firm invested in Motors & Armatures Inc. (MARS).