Archives

InsightRX Raising Growth Capital From CIBC Innovation Banking

By Amit Chowdhry ● Feb 26, 2024

CIBC Innovation Banking recently announced that it has provided growth financing to InsightRX, a San Francisco-based software company utilizing quantitative pharmacology and artificial intelligence (AI) to improve therapeutic decision-making from phase I drug development to the point of patient care. And InsightRX applies patient-specific data and quantitative models to tailor dosing for complex treatments, including antibiotics, chemotherapeutic agents, and immunosuppressants. InsightRX also taps into AI to empower data scientists to analyze clinical trial data, aid in trial design, understand dose-exposure-response relationships, and refine dosing strategies for regulatory submissions.

Havenly Buying The Citizenry: Details

By Amit Chowdhry ● Feb 26, 2024

Havenly - the country's leading interior design service and home furnishings company - announced recently it had reached a definitive agreement to acquire The Citizenry as part of efforts to build a collection of home brands and technologies that appeal to the next generation of shoppers. This acquisition - the third brand acquisition in 24 months for Havenly - indicates the design & furnishings leader's growth trajectory as it expands upon its offerings for the digital first-home consumer.

Why Society Brands Is Buying Clarifion And Cleanomic

By Amit Chowdhry ● Feb 25, 2024

Society Brands - a tech-enabled consumer products company built for and by founders - announced it acquired two Orange County, California-based brands, Clarifion and Cleanomic.

Chord Energy And Enerplus Combining In $11 Billion Deal

By Amit Chowdhry ● Feb 25, 2024

Chord Energy and Enerplus announced they have entered into a definitive arrangement agreement under which Chord will combine with Enerplus in about an $11 billion stock and cash transaction.

Applied Ventures Investing In VVDN Technologies: Details

By Amit Chowdhry ● Feb 25, 2024

Applied Ventures (the venture capital arm of Applied Materials) announced a growth equity investment in VVDN Technologies, one of the leading India-based electronics product design, software, and manufacturing companies. This strategic growth funding from Applied Ventures will enable VVDN to expand the R&D of next-generation semiconductor technologies and electronic products and solutions.

unybrands Raises Series B Funding Round To Scale E-Commerce Businesses

By Amit Chowdhry ● Feb 25, 2024

unybrands, an integrated platform built to scale e-commerce businesses on and off Amazon, recently announced that it closed its largest acquisition to date in an all-cash deal.

Blackbird Health: Neuroscience-Led Youth Mental Health Provider Company Raises $17 Million

By Amit Chowdhry ● Feb 25, 2024

Blackbird Health - a neuroscience-led and technology-backed youth mental health provider - announced it raised $17 million in series A funding. And the funding round was led by Define Ventures and included participation from Frist Cressey Ventures and GreyMatter. Blackbird has raised nearly $23 million to date.

Strata Clean Energy: $559 Million In Financing Secured For 1GWh Battery Energy Storage Project in Arizona

By Amit Chowdhry ● Feb 25, 2024

Strata Clean Energy - a leading developer, owner, and operator of renewable energy projects - announced it has closed on a $559 million financing for the construction and ownership of the Scatter Wash battery storage complex. And the 255MW/1,020MWh storage facility broke ground on January 18 and is expected to be operational by April 2025.

Varana Capital Announces First Close Of Chai10x Fund

By Amit Chowdhry ● Feb 25, 2024

Varana Capital - an asset management platform specializing in venture capital, private equity, and public markets - announced the successful first close of its Chai 10x Fund. With over $20 million secured and over $10 million of additional commitments, this marks the largest first closing for emergency Israel funds to date.

CLARA Analytics Raises Funding From Nationwide Ventures

By Amit Chowdhry ● Feb 25, 2024

CLARA Analytics and Nationwide are deepening their current partnership as CLARA received an investment from Nationwide Ventures, the investment arm of the insurance and financial services company. And Nationwide’s investment comes from its $350 million investment fund. CLARA raised $64 million, including its recently announced Series C.

Abridge: Clinical Documentation AI Leader Raises $150 Million

By Amit Chowdhry ● Feb 25, 2024

Abridge - a leader in generative AI for clinical documentation - announced an additional $150 million investment, utilizing momentum from their product’s rapid uptake among health systems nationwide. This funding round comes just fourth months after their $30 million Series B, and is one of the largest funding rounds made to date in generative AI for healthcare.