Nuvo Intl Group Ltd. Selected as Winning Bidder in CourtSupervised Sale Process, Subject to Court Approval
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Nuvo Intl Group Ltd. Selected as Winning Bidder in CourtSupervised Sale Process, Subject to Court Approval

Nuvo Group Ltd. (Nuvo), a company known for its pregnancy monitoring device called Invu, has entered into a binding agreement with Nuvo Intl Group Ltd. (Nuvo Intl) amidst a financial restructuring process under Section 363 of the U.S. Bankruptcy Code. Nuvo Intl, funded by Kips Bay Select LP., will acquire substantially all of Nuvos assets,…

Theory Ventures Closes $450 Million Second Fund to Boost EarlyStage Software Investments
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Theory Ventures Closes $450 Million Second Fund to Boost EarlyStage Software Investments

Theory Ventures, a venture capital firm specializing in earlystage software investments across data, AI, and web3, has closed its $450 million second fund. The company previously launched a $238 million fund in April 2023. This new fund is intended to enhance support for innovators who capitalize on technology discontinuities to achieve gotomarket advantages, aiming to…

Frontline Healthcare Partners Closes Inaugural Fund at $125 Million, Targets MarketLeading Healthcare Investments
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Frontline Healthcare Partners Closes Inaugural Fund at $125 Million, Targets MarketLeading Healthcare Investments

Frontline Healthcare Partners (Frontline or FHP), a private equity firm based in Charleston, has announced the final closing of its inaugural fund, Frontline Healthcare Partners, L.P., at $125 million. The Fund is focused on making control investments in microcap distributed healthcare businesses to collaborate with entrepreneurs in creating leading healthcare companies. The Fund leverages Frontline’s…

OpenYield Secures Additional Funding to Expand Bond Market Platform
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OpenYield Secures Additional Funding to Expand Bond Market Platform

OpenYield Inc., the operator of the FINRA and SECregistered OpenYield ATS, announced that it has successfully closed a new funding round. This round aims to further the companys mission to modernize the bond market by providing brokerages, advisors, and asset managers with improved access to this asset class. The most recent fundraise was led by…

BYL Ventures Launches to Support EarlyStage Startups in Sports and Entertainment
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BYL Ventures Launches to Support EarlyStage Startups in Sports and Entertainment

Build Your Legacy (BYL) Ventures, the exclusive venture investment arm of NBA superstar Giannis Antetokounmpo and his Family, has been launched to focus on earlystage startups in the entertainment and media, sports, consumer products, and technology categories. The firm is dedicated to fostering innovation and entrepreneurship, strategically leveraging the Antetokounmpo familys expanding business empire and…

Illumen Catalyst Fund Raises $32.75 Million to Support Diverse Managers and Entrepreneurs
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Illumen Catalyst Fund Raises $32.75 Million to Support Diverse Managers and Entrepreneurs

Illumen Capital, an impact fund of funds based in Oakland, California, has raised $32.75 million for its Catalyst Fund to address systemic inequity by supporting firsttime fund managers and entrepreneurs from underrepresented backgrounds. This new fund aims to tackle the lack of institutional capital available to diverse managers, which is often hindered by familiarity bias…

Empyrean Solutions Secures Strategic Investment from Hg to Fuel Innovation and Expansion
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Empyrean Solutions Secures Strategic Investment from Hg to Fuel Innovation and Expansion

Empyrean Solutions, a leading provider of risk and performance management software for financial institutions, has announced a significant strategic investment from Hg, a prominent investor in European and North American software businesses. This investment aims to empower Empyrean to accelerate its product roadmap investments, particularly in Office of the CFO software solutions tailored specifically for…

VISO TRUST Secures $7M to Enhance AIPowered ThirdParty Risk Management Platform
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VISO TRUST Secures $7M to Enhance AIPowered ThirdParty Risk Management Platform

VISO TRUST is an innovative leader in AIpowered thirdparty risk management (TPRM), aiming to transform traditional vendor risk assessments through its adaptive AIdriven platform. The companys platform offers realtime, evidencebased assessments by intelligently collecting, analyzing, and continuously monitoring artifacts from vendors, significantly reducing friction for vendors while eliminating manual analysis burdens for TPRM professionals. With…

TailorMed Secures $40 Million in Funding to Transform Medication Access Across the U.S.
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TailorMed Secures $40 Million in Funding to Transform Medication Access Across the U.S.

TailorMed, a leading innovator in healthcare technology, has announced a $40 million financing round that combines equity and debt. This funding will be used to advance TailorMeds mission of transforming medication access, adherence, and affordability across the United States. The round was led by Windham Capital Partners, with participation from Citi Impact Fund, Samsung Next,…

Bing Ventures Nominated for BeInCrypto Excellence Award 2024
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Bing Ventures Nominated for BeInCrypto Excellence Award 2024

Bing Ventures, a pioneering venture capital and research firm affiliated with the crypto exchange BingX, has been nominated for the Crypto Venture Capital with Best Project Portfolio in 2024 in the inaugural BeInCrypto Excellence Award 2024. Established in 2021, Bing Ventures actively invests in transformative blockchain and crypto ventures, supporting over 50 projects spanning various…