Archives

Lyten: $4 Million Grant Secured From Department Of Energy

By Noah Long ● Jan 30, 2024

Lyten - a supermaterial applications company and leader in 3D Graphene materials - announced it has secured a $4 million grant from the U.S. Department of Energy (DoE) to accelerate the manufacturing of its advanced lithium-sulfur battery technology.

COUR Pharmaceuticals: $105 Million Raised To Develop Therapies Designed To Reprogram The Immune System

By Amit Chowdhry ● Jan 30, 2024

COUR Pharmaceuticals - a clinical-stage biotechnology company focused on the development of ﬁrst-in-class, disease-modifying therapies designed to induce antigen-speciﬁc tolerance for immune-mediated diseases - announced the closing of a Series A investment round, securing about $105 million in financing.

Walter Global Asset Management Acquires Minority Stake In Madryn Asset Management

By Amit Chowdhry ● Jan 30, 2024

Walter Global Asset Management (Walter GAM) announced that it has acquired a minority stake in Madryn Asset Management.

Compliance Risk Concepts Raises Strategic Investment From MidOcean Partners

By Noah Long ● Jan 30, 2024

Compliance Risk Concepts (CRC) - through its parent company Re-Sourcing Group - has received a significant investment from MidOcean Partners to advance its position as a valued compliance partner to the financial services industry.

Portal: $34 Million Raised To Develop Decentralized Bitcoin-Based Exchange

By Annie Baker ● Jan 30, 2024

Portal - a fintech provider advancing financial self-sovereignty with robust technology for seamless access to Bitcoin and diverse cryptocurrency markets - announced it had exited stealth mode and raised $34 million in seed funding. The investors that participated in the round include Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io, and many other high-profile fintech and crypto investors.

CollisionRight Raises Funding From Summit Partners

By Annie Baker ● Jan 30, 2024

CollisionRight - a leading consolidator of automotive collision repair shops in the US - announced a majority investment from Summit Partners, a leading growth equity investment firm. The new funding round will help support CollisionRight’s growth plan, which is focused on acquiring and operating high-quality, customer-friendly collision repair shops across the Central United States and Mid-Atlantic regions.

Codeium: $65 Million Secured For Bringing Generative AI To Software Coding

By Amit Chowdhry ● Jan 30, 2024

Codeium has announced it has raised a $65 million Series B round to help software developers supercharge their workflows with generative AI-powered capabilities. The funding round was led by Kleiner Perkins with participation from repeat investor Greenoaks and General Catalyst.

Why Rocscience Is Buying DIANA FEA

By Noah Long ● Jan 30, 2024

Rocscience (a leading geotechnical software solutions provider), in collaboration with global private equity firm TA Associates, announced the acquisition of DIANA FEA. Based in the Netherlands, DIANA specializes in developing multi-purpose Finite Element Analysis (FEA) software, reinforcing Rocscience's global commitment to advancing engineering solutions.

Carcinotech: 3D Printed Micro-Tumor Technology Company Raises $5.3 Million

By Noah Long ● Jan 30, 2024

Carcinotech announced it has raised $5.3 million of funding as the company looks to build on its traction in the UK and Europe, with US expansion planned later this year.

Boston Metal: Metals Technology Solutions Company Closes $20 Million

By Amit Chowdhry ● Jan 30, 2024

Boston Metal - a global metals technology solutions company - announced a $20 million Series C2 investment from Marunouchi Innovation Partners. This new funding round brings the series total to $282 million.

Roofer.com: Roofing Data Company Raises $7.5 Million

By Annie Baker ● Jan 30, 2024

Roofer.com - an AI-based technology company in the roofing industry - announced that it had raised a $7.5 million Seed round led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several prominent angels such as the Founder and CEO of Mercury and the Founder and CEO of ParkHub.

SER Capital Partners Raises Strategic Investment From Capricorn Investment Group

By Amit Chowdhry ● Jan 30, 2024

SER Capital Partners has announced a strategic minority investment from Capricorn Investment Group’s Sustainable Investors Fund. SER is led by partners Rahul Advani, Sara Graziano, and Rhem Wooten. The partners will continue to control, lead, and manage the minority and woman-owned firm.

Audience Town: Consumer Intelligence Company Raises Additional Funding Round

By Annie Baker ● Jan 30, 2024

Audience Town - a consumer intelligence platform that has advanced data analytics and insights for the real estate industry - announced an additional round of funding led by existing lead investors Wasatch Equity Partners.

Tau Group: €11 Million Extension Raised To Drive Energy Transition Efforts

By Noah Long ● Jan 30, 2024

Tau Group, a leading technology company driving energy transition and decarbonization efforts establishing a new global standard in electric motor insulated wire, announced it successfully closed a €11 million extension to its Series-B funding round.

AQEMIA Increases Series A Funding To €60 Million

By Annie Baker ● Jan 30, 2024

AQEMIA is a company that is continuing to grow rapidly in an effort to discover new drugs with their generative-AI fueled by deep physics. After raising €30 million last year, the tech-enabled drug discovery company announced it has received an additional €30 million investment, which brings the Series A funding round to €60 million.

Afton Scientific Raises Majority Investment From Arlington Capital Partners

By Annie Baker ● Jan 30, 2024

Arlington Capital Partners, a Washington D.C.-area private investment firm specializing in government-regulated industries, announced a majority investment in Afton Scientific, a leading contract, development, and manufacturing organization (CDMO) dedicated to the sterile manufacturing of injectable pharmaceuticals.

TeleSafety Raises Seed Funding Round Led By Launch NY

By Dan Anderson ● Jan 30, 2024

TeleSafety (by Safety Badger) recently announced a round of Seed Funding led by Launch NY, which provides mentoring and access to risk capital for high-growth startups.

Why Amphenol Is Buying The CIT Business From Carlisle

By Annie Baker ● Jan 30, 2024

Amphenol Corporation - a leading global provider of high-technology interconnect, antenna and sensor solutions - announced a definitive agreement to acquire the Carlisle Interconnect Technologies (CIT) business of Carlisle Companies Incorporated for $2.025 billion in cash, subject to customary post-closing adjustments.

Vital Interaction: Healthcare Technology Company Secures $15 Million

By Annie Baker ● Jan 30, 2024

Vital Interaction - a healthcare technology company that combines healthcare data, business intelligence, and workflow automation - announced the closing of $15 million in Series A funding led by Next Coast Ventures.

Why Aditxt Is Buying A Portfolio Of EEG Brain Monitoring Technologies And Devices Formerly Owned By Brain Scientific

By Dan Anderson ● Jan 30, 2024

Aditxt - a company dedicated to discovering, developing, and deploying promising health innovations - announced the acquisition of a portfolio of EEG brain monitoring technologies and devices formerly owned by Brain Scientific. The products targeting the neurology monitoring market will be essential in shaping its dynamic landscape for neurological care.

AcuraStem: Patient-Based Drug Discovery Platform Company Secures $7 Million

By Noah Long ● Jan 30, 2024

AcuraStem - a patient-based biotechnology company advancing treatments for amyotrophic lateral sclerosis (ALS), frontotemporal dementia (FTD), and other neurodegenerative diseases - announced that it has successfully raised nearly $7 million in grant funding for ALS / FTD research from the National Institutes of Health (NIH) and the Department of Defense (DOD).

Wisedocs: Medical Record Review SaaS Company Secures $12.7 Million

By Annie Baker ● Jan 30, 2024

Wisedocs - a machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization announced it has raised $9.5 million ($12.7 million CAD) in oversubscribed Series A financing.

Acadian Ventures: $30 Million Fund II Closed To Invest In Next-Gen Technologies

By Amit Chowdhry ● Jan 30, 2024

Acadian Ventures - an early-stage venture capital firm - announced the successful close of its second fund on an oversubscribed $30 million in capital commitments.

Woods Hole Oceanographic Institution: $25 Million Gift Received To Search For Ocean-Based Climate Solutions

By Amit Chowdhry ● Jan 30, 2024

The Woods Hole Oceanographic Institution (WHOI) announced a $25 million gift to support ocean-based climate solutions from the chair of the Institution’s board of trustees, Paul Salem. This gift comes as it has been the warmest year on record and faces the possibility of rapid and unregulated efforts to mitigate climate change.

U Of M’s Innovation Partnerships Team Awarded $5 Million To Establish Michigan University Innovation Capital Fund

By Amit Chowdhry ● Jan 30, 2024

Why ieDigital Is Buying ABAKA

By Annie Baker ● Jan 30, 2024

ieDigital has announced the acquisition of ABAKA, an AI-based recommendation engine platform that uses machine learning and behavioral segmentation software to predict which products like banking products, savings accounts, or retirement solutions are the most likely to be bought by financial services consumers.

CDPQ And SMBC Aviation Capital Partnering To Create $1.5 Billion Aircraft Financing Platform

By Annie Baker ● Jan 30, 2024

CDPQ (a global investment group) and SMBC Aviation Capital (the world's second-largest aircraft leasing company) announced they had finalized an agreement to create a $1.5 billion global aircraft financing and leasing platform dedicated to modern, fuel-efficient NextGen aircraft.

Why ePlus Is Buying PEAK Resources

By Noah Long ● Jan 30, 2024

ePlus announced that it has acquired certain assets of PEAK Resources. Based in Denver, PEAK has built a reputation as one of the top IT Solution Providers in the region. PEAK's customer-centric approach focuses on delivering professional services, data centers, networking, and cyber security products and solutions. The deal will help drive additional growth with enhanced engineering, sales, and service delivery capabilities in the Mountain West region.

Gilead To Invest $320 Million In Arcus

By Noah Long ● Jan 30, 2024

Gilead Sciences and Arcus Biosciences announced an amendment to their collaboration agreement and a separate equity investment by Gilead of $320 million in Arcus common stock at $21 per share. The equity investment and collaboration amendment enable accelerated growth of the companies’ joint development programs that span multiple indications.

Exclusive: AI Health Data Platform xCures Expands Beyond Cancer to Improve Care and Research

By Amit Chowdhry ● Jan 30, 2024

xCures announced the expansion of its AI-driven platform that transforms the value of US healthcare data by utilizing real-time and regulatory-grade data in any therapeutic area.