Purdue University has received $2.7 million in federal funding from the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) for developing a field test that can measure and predict the spread of SARS-CoV-2, the virus that causes COVID-19, in a wide range of wildlife and farm animals.
Research driven by the University of Michigan generated a record 580 new inventions last year and launched 25 startup companies, ranging in scope from innovative therapies for the treatment of fibrosis to technologies aiding in substance abuse monitoring. U-M President Santa J. Ono had announced the university’s fiscal year 2023 research commercialization metrics at the annual Celebrate Invention event earlier this month by Innovation Partnerships, a unit based in the Office of the Vice President for Research.
Mapbox - a location platform powering navigation for Toyota, General Motors, and BMW - recently announced the completion of a $280 million Series E funding round led by SoftBank Group and its affiliate to drive investments into AI location services and further broaden its footprint in the automotive industry.
qbiq - a generative AI and visualization platform for real estate space planning - recently announced that it has raised $10 million in seed funding from strategic investors, including JLL Spark Global Ventures as well as 10D, Ocean Azul, Randomforest and M-FUND, to use generative AI to unlock the potential of any space and accelerate decision making.
Legit Security - a cyber security company with an enterprise Application Security Posture Management (ASPM) platform that enables secure application delivery from code to cloud and protects an organization's software supply chain from attack - recently announced that it has successfully closed a $40 million venture capital round investment led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV.
Yotta Energy - a leading provider of innovative solar+storage solutions - recently announced it raised an $8 million funding round led by Evergy Ventures and with participation from strategic investors BlueScope and Cricetus Felix Ventures, and existing investors Copec WIND Ventures, EDP Ventures, Doral Tech Ventures, and the SWAN Impact Fund.
Kyros - a Minnesota-based technology platform providing Substance Use Disorder (SUD) recovery services - recently announced that it has raised an additional $10.5 million in funding to expand access to life-saving services. Existing investor Rally Ventures led the round.
Aspinity - a leader in near-zero power AI solutions - recently announced that it had closed $5 million in Series B funding from current investors Anzu Partners, Birchmere Ventures, Mountain State Capital and Riverfront Ventures.
Laudio is a company that empowers and connects frontline healthcare leaders to drive outcomes that matter. And with its intelligent leadership solution, Laudio automates repetitive work and serves daily recommendations and best practices that help frontline leaders gain better visibility into their teams, find opportunities for meaningful connections, and discover clearer paths to achieving their goals. Pulse 2.0 interviewed Laudio co-founder and CEO Dr. Russ Richmond to learn more.
age1 - a VC firm catalyzing the next generation of founder-led longevity biotech companies - recently launched to build a community of visionaries advancing new therapeutics, tools, and technologies targeting aging and age-related disease. And age1’s specialized team has an industry-leading track record and unwavering commitment to the field, having pioneered the first longevity-focused venture capital fund in 2011 (five years ahead of any other fund of its type) and since backed multiple IPOs and acquisitions.
ReCode Therapeutics - a clinical-stage genetic medicines company using precision delivery to power the next wave of mRNA and gene correction therapeutics - recently announced the closing of an extension to its Series B financing, raising an additional $50 million and the appointment of Kouki Harasaki, Ph.D., founding and managing partner of Bioluminescence Ventures (BLV), to the company’s board of directors.
Mural Health Technologies - a next-generation clinical trial participant management platform - recently announced that it has raised $8 million in seed funding, led by Bessemer Venture Partners, with participation from Virtue VC, Operator Partners, Arkitect Ventures, Correlation Ventures, and Project Mayhem Ventures.
Briya - an end-to-end healthcare data exchange platform - recently announced the completion of an $11.5 million Series A round of financing, bringing the company’s total funding to $17 million. Team8 led this funding round, and it includes existing investors Insight Partners and Amiti Ventures and is joined by the George Kaiser Family Foundation.
VerImmune - an early-stage biotechnology company specializing in developing innovative products based on a novel Virus-inspired Particle (ViP) technology platform - recently announced securing an additional $3.125 million from follow-on seed financing and a partnership milestone payment.
DataBlend - a leading finance-focused Integration Platform-as-a-Service (iPaaS) provider - recently announced that it raised seed funding led by FreshTracks Capital and The Dudley Fund. And DataBlend founder Ethan Carlson noted that investors from Vermont joined the company's mission to provide secure and stress-free data integrations for finance and accounting professionals. And as a native of Vermont, Carlson finds it exciting to see the local investment community supporting his company's vision.
HealNow recently announced a $5.5 million seed round led by Bonfire Ventures. And additional investors participating in the round include Walkabout Ventures, Remarkable Ventures, Alabama Futures Fund, Impulsum Ventures and a number of prominent fintech and healthcare investors.
Cecilian Partners - a leading proptech firm providing end-to-end digital solutions for home builders and land developers - recently announced that it has raised $11 million in its first institutional equity round led by Resolve Growth Partners. And Cecilian plans to use the growth funding to accelerate product innovation, expand headcount in critical areas, and continue developing the industry's most client-centric customer success team.
Harbinger Motors - a Southern California-based automotive manufacturer - recently announced it has secured $60 million in Series A funding from a diverse consortium of investors led by Ridgeline and THOR Industries. Along with Greycroft, Harbinger is also excited to welcome new investors Riverstone Holdings, Acequia Capital, and Squarepoint Capital as contributors to Harbinger's Series A through deeply-rooted energy, sustainability, transport, and infrastructure-focused investment funds. And each of these investors shares a commitment to sustainability through mobility transformation.
Enko is a company that designs safe and sustainable solutions to farmers’ biggest crop threats today, from pest resistance to new diseases. By applying the latest drug discovery and development approaches from pharma to plants, Enko is bringing an innovation model to agriculture and meeting farmers’ evolving needs. Pulse 2.0 interviewed Enko Chem CEO and Founder Jacqueline Heard to learn more.
Merchants Fleet is a rapidly growing fleet management company that provides flexible funding and service options for organizations that utilize vehicles to run their operations. Merchants Fleet offers comprehensive and customizable fleet solutions, serving as a single source for all vehicle needs. Pulse 2.0 interviewed Merchants Fleet Chairman, CEO, and President Brendan P. Keegan to learn more.
Radix Technologies aims to change how the industry makes decisions by equipping teams with real-time data and visualization tools that produce reliable and insightful market trends. Pulse 2.0 interviewed Radix Technologies chief marketing officer Nadav Avni to learn more.
TimelyCare is a company that provides complete clinical care, advanced technology, and expert guidance to improve college students’ physical and mental health. And as the leading virtual health and well-being solution for students,TimelyCare provides a comprehensive virtual solution that expands the breadth of campus resources and empowers students to be well and thrive. Pulse 2.0 interviewed TimelyCare CEO and co-founder Luke Hejl to learn more.