Innovation

ArcanaBio: Funding Secured From BioInnovation Institute

By Amit Chowdhry ● Sep 9, 2024

Biotech company ArcanaBio announced it was selected for funding by Denmark’s BioInnovation Institute (BII), supported by the Novo Nordisk Foundation. ArcanaBio will join BII’s Deep Tech Lab – Quantum program in Copenhagen from September 2024.

Epsilogen: Immunoglobulin Development Company Raises £12.5 Million (Series B)

By Amit Chowdhry ● Sep 9, 2024

Epsilogen - a leader in the development of immunoglobulin E (IgE) antibodies to treat cancer - announced today the completion of a £12.5 million Series B expansion financing, bringing the Series B total to £43.25 million. The funding will accelerate the delivery of clinical Proof of Concept for lead asset MOv18 IgE in a phase Ib trial featuring platinum-resistant ovarian cancer (PROC) and further development of the company’s IgE-based pipeline. The funding was entirely conducted by existing investors, including British Patient Capital, Novartis Venture Fund, Epidarex Capital, 3B Future Health Fund, and ALSA Ventures.

Race Communications: Fiber-to-the-Home Company Raises Over $500 Million In Capital

By Amit Chowdhry ● Sep 9, 2024

Race Communications - a leading Fiber-to-the-Home (FTTH) provider in California - announced today that it has secured over $500 million in additional capital to accelerate the expansion of its fiber network across the state. This funding includes $375 million in equity from Oak Hill Capital, the existing majority investor, and its limited partners.

INGILIZ: Interview With Remzi Ingilizov About This Luxury Footwear Brand Company

By Amit Chowdhry ● Sep 9, 2024

Interview With UC Berkeley’s International House CEO Shaun Carver About Promoting Intercultural Understanding

By Amit Chowdhry ● Sep 9, 2024

The International House at University of California, Berkeley is an organization that fosters intercultural respect and understanding, lifelong friendships, and leadership skills for a more peaceful world. Pulse 2.0 interviewed UC Berkeley’s International House CEO Shaun Carver to learn more about the organization.

RBC: Global Infrastructure Fund LP Raises Over $850 Million

By Amit Chowdhry ● Sep 8, 2024

RBC Global Asset Management (RBC GAM) announced the completion of the second subscription for the RBC Global Infrastructure Fund LP, raising over $850 million in commitments from over 2,100 Canadian individual and institutional investors. And the second subscription followed the fund's successful initial launch in May 2023, bringing the total subscriptions to over $1.5 billion since its inception last year.

MassRobotics: Startups Pass $1 Billion In Funding And Second Accelerator Revealed

By Amit Chowdhry ● Sep 8, 2024

Independent robotics hub MassRobotics announced that its resident startups have raised over $1 billion in VC funding since opening its doors in 2017. This achievement emphasizes the vital role MassRobotics plays in accelerating robotics innovation, commercialization, and adoption of advanced technologies. The one billion dollar total represents funding from nearly 300 institutional investors.

Oyster: Global Employment Company Raises $59 Million (Series D)

By Amit Chowdhry ● Sep 8, 2024

Oyster, a global employment solution for employing, paying, and caring for distributed teams, announced it raised $59 million in Series D funding. Silver Lake Waterman led the round, which included existing investors Emergence Capital, Stripes, Georgian, G2 Venture Partners, and Endeavor Catalyst.

Korion Health: Social Impact Company Wins $1 Million Hult Prize

By Amit Chowdhry ● Sep 7, 2024

The Hult Prize Foundation recently held its Global Final and named the social impact startup Korion Health from the University of Pittsburgh the annual $1 million Hult Prize winner. Korion Health has been developing a home health monitoring kit that enables patients to better understand their own healthcare, working in conjunction with its hardware design partner, Hellbender, a Pennsylvania Social Benefit Corporation. The company's flagship product is an electronic stethoscope that teaches users how to collect their own heart and lung sounds.

ABANZA: Advanced Soft Tissue Repair Company Raises $5 Million (Pre-Series A)

By Amit Chowdhry ● Sep 7, 2024

ABANZA, a company in advanced soft tissue repair solutions, announced the completion of its Pre-Series A funding round, raising $5 million. This funding round was led by a family office specializing in medical device investments, along with private investors. These funds will be used for accelerating the U.S. launch of ABANZA's innovative Soft Tissue Fixation product line, including the WasherCap and WasherCap Mini.

Enventure: An Interview With Ankit Shrivastava About This Space, Sustainability, And Healthcare-Focused Firm

By Amit Chowdhry ● Sep 7, 2024

Enventure is an investment firm at the forefront of innovation, inclusivity, and global impact. Pulse 2.0 interviewed Enventure founder and managing partner Ankit Shrivastava to learn more about the firm.

Butlr: MIT Media Lab Physical AI Spinout Company Raises $35 Milllion (Series B)

By Amit Chowdhry ● Sep 7, 2024

Physical AI (PAI) startup company Butlr announced $38 million in Series B funding to meet the increasing demand for its sensors and anonymous data, which can be used in any building to understand better how humans interact in a space. So far, the company has raised $68 million from investors, including Foundry, Pacific Alliance Venture, GS Futures, DNX Ventures, Ray Stata, Joi Ito, Carrier, and Qualcomm.

Cobre: Corporate Treasury And Payments Platform Raises $35 Million (Series B)

By Amit Chowdhry ● Sep 7, 2024

Cobre, a Colombia-based treasury platform powering top Latin American CFO offices since 2020, announced that it secured $35 million in Series B funding led by Oak HC/FT. And existing investors Kaszek, QED and Canary also participated in the round.