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Home Authors Posts by Team SR

Team SR

Team SR
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TrackLight, an innovative leader in AI-assisted fraud detection and prevention has raised $3M Seed Funding led by BarronKent and Growth Factory, to accelerate TrackLight’s platform development, sales, and marketing efforts.

[Funding News] CA-based TrackLight Raises $3M Seed Funding

Team SR - June 25, 2024
Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, announced the acquisition of Airity Technologies, a Redwood City, California-based provider of next-generation, high voltage power conversion products and technologies for applications in semiconductor, industrial and medical markets.

Advanced Energy Acquires Airity Technologies

Team SR - June 24, 2024
RXO has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from UPS. This acquisition will enhance RXO’s market position, diversify and expand its customer base, and broaden its carrier network. At closing, RXO will be the third-largest provider of brokered transportation in North America.

RXO To Acquire Coyote Logistics From UPS

Team SR - June 24, 2024
Trive Capital, the Dallas-based private equity firm, and 808 Capital Partners are excited to announce their investment into JF Fitness of North America, a leading Crunch Fitness franchisee serving the Mid-Atlantic and Southeastern U.S. Headquartered in Richmond, VA, and founded in 2014 by CEO John Freeland, JF Fitness operates 16 gyms across Virginia, Maryland and the Carolinas. In connection with Trive and 808’s investment, JF Fitness acquired Team Roldan, a rapidly growing Crunch franchisee operating 8 gyms across Alabama, Georgia and South Carolina.

[Funding News] JF Fitness of North America Raises Funding From Trive...

Team SR - June 22, 2024
BillionToOne, a next-generation molecular diagnostics company, announced today that it has raised $130 million in an oversubscribed, upsized Series D round. The financing was led by Premji Invest, with significant participation by another incoming investor, Neuberger Berman, as well as by prominent existing investors, including Adam Street Partners, Baillie Gifford, Hummingbird Ventures, Civilization Ventures, Libertus Capital, and Fifty Years. The funding will be used for expanding and scaling BillionToOne’s prenatal and oncology businesses.

[Funding News] BillionToOne Raises $130 Million Oversubscribed Series D Funding Over...

Team SR - June 22, 2024
nesto Acquires CMLS Group to Build Canada’s Mortgage Ecosystem of the Future

nesto Acquires CMLS Group to Build Canada’s Mortgage Ecosystem of the...

Team SR - June 22, 2024
UT-based The Picklr, one of the most influential voices in pickleball and is already the industry leader of indoor clubs has secured Series B Funding with a valuation of $59 million, bringing the total raised by The Picklr to $9,000,000. Led by Pickleball Inc., the parent company to the largest pickleball brands in the world.

[Funding News] The Picklr Secures Series B Funding with a Valuation...

Team SR - June 21, 2024
knownwell, an in-person and virtual, weight-inclusive primary care and metabolic health company, has acquired Alfie Health, an online precision medical and obesity management program that uses AI to generate evidence-based recommendations for weight management.

MA-based knownwell Acquires Alfie Health

Team SR - June 21, 2024
SoundHound AI, a global leader in voice artificial intelligence, today announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants and local customers. As part of the acquisition, Allset’s team will be joining SoundHound, further strengthening the company’s capabilities and commitment to innovation.

SoundHound AI Acquires Ordering Platform Allset

Team SR - June 21, 2024
Maxterial, a technology company dedicated to pioneering advancements in material science including the commercialization of advanced coatings, has announced the successful closure of its Series A funding round, raising nearly $8 million. This milestone underscores Maxterial's rising influence in disruptive material science technologies and its commitment to reshaping traditional industry norms with dynamic and environmentally responsible solutions.

[Funding News] CA-based Maxterial Raises Nearly $8 Mn Series A Funding

Team SR - June 21, 2024
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