Innovation

Avenzo Therapeutics: $150 Million Raised To Develop Oncology Therapeutics

By Amit Chowdhry ● Mar 26, 2024

Avenzo Therapeutics - a clinical-stage biotechnology company developing next-generation oncology therapeutics - announced the closing of an oversubscribed $150 million Series A-1 financing. This funding round included nine new investors and was led by New Enterprise Associates (NEA), Deep Track Capital, Sofinnova Investments, and Sands Capital, with participation from additional new investors, including INCE Capital, TF Capital, Delos Capital, and Quan Capital. The total funding since the company’s founding in August 2022 is $347 million.

OneNotary: On-Demand Notarization Provider Secures $5 Million

By Amit Chowdhry ● Mar 26, 2024

OneNotary, a leading on-demand notarization provider, announced it closed a $5 million Series A and entered a deal with DocuSign to provide a third-party notary network to DocuSign customers. Jackson Square Ventures led this funding round, with participation from DocuSign founder Tom Gonser and existing investors DocuSign Ventures, GoodPaper Ventures, Digital Future, and The LegalTech Fund.

Bedrock Security: Frictionless Data Security Company Raises $10 Million

By Amit Chowdhry ● Mar 26, 2024

Abstract Security: $8.5 Million Raised To Centralize The Management Of Security Analytics

By Amit Chowdhry ● Mar 26, 2024

San Diego Angel Conference VI At USD Names Six Finalists

By Amit Chowdhry ● Mar 26, 2024

San Diego Angel Conference (SDAC) at the University of San Diego (USD) - an event that activates angel investors and connects them with promising early-stage companies to create robust deal flow for accredited investors - announced it has selected six company finalists to compete for a chance to win seed funding at SDAC VI Angel Conference at USD on May 9.

nsave: $4 Million Raised To Help Individuals From Distressed Economies

By Amit Chowdhry ● Mar 26, 2024

nsave - a fintech company focused on offering safe and secure accounts and payments for individuals from distressed economies - announced the closing of its first round of seed funding at $4 million. Sequoia Capital and TQ Ventures co-led the funding round with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT (the State of Geneva organization supporting tech startups).

Sandfly Security: Agentless Linux Security Company Raises Seed Funding

By Amit Chowdhry ● Mar 26, 2024

Sandfly Security, an agentless Linux Security company, announced it secured seed funding from Gula Tech Adventures and Sorenson Capital to meet growing market demand for its comprehensive Linux security solution.

Edgewood Oncology Closes $20 Million To Help Patients With Hematologic Malignancies And Genetically-Defined Solid Tumors

By Amit Chowdhry ● Mar 26, 2024

Edgewood Oncology (a clinical-stage biotechnology company focused on delivering BTX-A51 to patients with hematologic malignancies and genetically defined solid tumors) has emerged from stealth mode with $20 million in Series A funding backed by Alta Partners to advance the clinical development of BTX-A51 in acute myeloid leukemia (AML) and a precision medicine approach to breast cancer.

Eliyan: Chiplet Interconnect Company Raises $60 Million

By Amit Chowdhry ● Mar 26, 2024

Eliyan, a company known for inventing the semiconductor industry’s highest-performance and most efficient chiplet interconnect, announced the closing of its latest funding round, totaling $60 million. The round was co-led by Samsung Catalyst Fund and Tiger Global Management and included participation from existing investors, including Intel Capital, SK hynix, Cleveland Avenue, Mesh Ventures, and others.

Clarkson University Launches New Cybersecurity Masters Program

By Amit Chowdhry ● Mar 26, 2024

Clarkson University is now offering a new Master’s degree in Cybersecurity to meet the growing need to safeguard our online world. This new STEM-designated program will provide an interdisciplinary approach where students will have diverse choices.