MOBILion Systems, Inc., a provider of high-resolution instrumentation for biomarker discovery, diagnostics and therapeutic development, closed an oversubscribed $35 million Series B funding round led by aMoon. Funds will be used to build the commercial team supporting the launch of the company's first product based on the patented ion mobility separations technology, called Structures for Lossless Ion Manipulation (SLIM). [Full story]
August 17, 2020
Kin Insurance, an insuretech making home insurance easy and affordable, closed a $35 million Series B round led by Commerce Ventures with HSCM Bermuda, Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, the U of C's Startup Investment Program, and others. Kin's unique model has no agent middlemen and insurance policyholders get shares of company profits. [Full story]
August 16, 2020
Cecelia Health, a tech-enabled diabetes and chronic disease management company, closed a $13 million Series B funding round co-led by Rittenhouse Ventures and Endo Investors, with investments from Boston Millennia Partners, SustainVC, G100 Capital, and others. The funds will scale the adoption of its tech-enabled coaching and telemedicine solutions and expand digital health capabilities. [Full story]
August 16, 2020
Virtual Power Systems, a provider of energy and function efficiency to data servers and systems, closed $12 million in funding from new and existing investors and also appointed interim CEO, Dean Nelson, as permanent CEO. Funds will be used to expand the team, customer engagements, partnerships, and product development of hardware and software platform. [Full story]
August 16, 2020
Micronoma, a biotech developing and commercializing a minimally invasive, microbiome-based cancer-detection method, closed a $3 million seed financing round led by microbiome-focused investor, SymBiosis, LLC. Funds will be used to further advance cancer detection technology with pioneering microbiome R&D. [Full story]
August 16, 2020
BlackSwan Technologies, creator of the world’s first enterprise AI operating system, closed a $28 million Series A financing round led by Prytek, FinTLV and MS&AD Ventures. It's ELEMENT™ platform doesn't need well-organized data sets, countless hours of data normalization or technical in-house expertise to implement. A simple, drag-and-drop interface democratizes the development and execution of large, industrial enterprise applications, allowing users to build enterprise applications up to 60 times faster and at a fraction of the cost of market alternatives.
October 19, 2020
Ateios, a developer of the world’s first flexible, paper-thin customizable battery, closed an over-subscribed, $1.25 million Series Seed financing round, led by Good Growth Capital. Ateios’ manufacturing process is 10 times faster than existing battery manufacturing and is only one fifth of the cost. The technology is extremely useful in small, flexible electronics applications that need such batteries. Now such devices can be more readily created now that they have a power source.
October 19, 2020
The Tel Aviv Stock Exchange (TASE) launched TASE Up, a platform aimed at allowing institutional and accredited investors to invest in private high-tech and BioTech companies, overseas real estate funds, and credit funds. Private companies can get funding without the need to go public and no need for a prospectus report. [Full story]
August 17, 2020
GrayQuest, an education-focused fintech company enabling parents to pay annual education fees in up to 12 monthly installments, has raised $1.2 million in pre-series A funding round led by Foundation Holdings. Funds will enable continued building of tailored financial products for all stakeholders in India’s education ecosystem. [Full story]
August 17, 2020
Clowder, a private social networks provider for membership groups, announced a 1.1 million seed funding round led by Active Capital. American Baseball Coaches Association and many other organizations were able to stay connected from afar during the pandemic Funds will be used to develop their sales, client success and technology departments.
August 16, 2020
Root AI, developer of the Virgo robot that uses soft grippers, 3D sensors, and AI to harvest different crops, closed $7.2 million in seed funding with participation from PJC, First Round Capital, and Outsiders Fund . Funds will be used to hire more hardware and software engineers and field operators and expand North American and European deployments later this year. [Full story]
August 16, 2020
PayActiv, an employer-sponsored earned wage access and holistic financial wellness platform, closed a $100 million series C led by Eldridge with participation of Generation Partners and the Ziegler Link-Age Fund II. Funding will further its mission of bringing security, dignity and savings to workers. [Full story]
August 16, 2020