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Spear Bio: Harvard University Spin-Off Raises Seed Prime Round

By Amit Chowdhry ● Dec 9, 2023

Spear Bio - a Harvard University biotech spin-off developing scalable solutions for ultrasensitive detection of protein biomarkers - recently announced it completed tens of millions of US dollars in an oversubscribed Seed Prime round. The oversubscribed funding round was led by CDH Investments, with additional investments from earlier investors like Maverick Ventures and YongHua Capital.

Every.io: Back Office Stack Company Closes $9.5 Million In Funding

By Amit Chowdhry ● Dec 9, 2023

Every.io (dba Every) - an all-in-one back office stack for startups - recently announced it is coming out of stealth alongside $9.5 million in seed funding. The round was led by Base10, with participation from Y Combinator, Formus Capital, and Rex Salisbury's Cambrian Ventures.

Exectras Receives Funding From Tacora Capital

By Dan Anderson ● Dec 9, 2023

Exectras - a go-to provider for SMBs seeking everyday business services, including merchant services, payroll, health insurance, and workers’ compensation - recently announced the completion of debt financing from Tacora Capital for up to $30 million.

SparkMeter: Grid Management Services Company Raises $5 Million

By Dan Anderson ● Dec 9, 2023

SparkMeter - a provider of grid management services, equipment, and software solutions that increase access to reliable electricity in underserved communities across Africa, Asia, and the Americas - announced a strategic $5 million investment and global partnership with Honeywell Smart Energy, one of the largest utility digital solution providers in the world.

Cradle: $24 Million Raised To Help Scientists Engineer Proteins Using AI

By Annie Baker ● Dec 9, 2023

Cradle - a biotech startup that uses generative AI to help scientists design and engineer proteins - recently announced it has raised $24 million in Series A funding, led by Index Ventures, with participation from Kindred Capital.

Savage Medical: Over $3 Million Raised To Enable Minimally Invasive Colorectal Tumor Removal

By Noah Long ● Dec 9, 2023

Savage Medical - a San Francisco Bay Area-based, clinical-stage medical technology company enabling minimally invasive colorectal tumor removal - recently announced a launch out of stealth with over $3 million in total funding, including oversubscribed financing from leading early-stage medical technology investors, including Synergy Ventures, Life Science Angels and AlwaysraiseVC.

Star Mountain Capital: Value-Added Direct Lending Fund IV Closed At $1.2 Billion

By Amit Chowdhry ● Dec 9, 2023

Star Mountain Capital, LLC - a private credit and secondaries specialist investment firm with approximately $3.75 billion in assets under management (committed capital including debt facilities as of 10/31/2023) focused on generating premium returns from the less efficient and labor-intensive market of U.S. private small and medium-sized businesses - recently announced that it has closed its Value-Added Direct Lending Fund IV above its $750 million LP capital target at approximately $1.2 billion (committed capital including debt facilities).