āshibio, a privately held biotechnology company developing novel therapeutics for the treatment of bone and connective tissue disorders, exited stealth mode today with $40 million in seed and Series A financing. MPM BioImpact led the Series A round, with contributing funds from Agent Capital, YK Bioventures, and Mirae Asset Venture Investment. In conjunction with the financing, Agent Capital Partner and Co-Founder Preston Noon has joined the Board of Directors.
Robotics company GrayMatter has raised $45M Series B Funding. Wellington Management led the round, which also included NGP Capital, Euclidean Capital, Advance Venture Partners, SQN Venture Partners, and other existing investors 3M Ventures, B Capital, Bow Capital, Calibrate Ventures, OCA Ventures, and Swift Ventures.
Gynger, the first embedded financing platform for technology purchases, announced that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital. Gynger will use the funding to scale its team and operations and accelerate its vision of transforming its embedded financing platform into a full-scale payments solution for buying and selling of technology.
Huntress, the pioneering force in cybersecurity for small businesses to small enterprises and the Service Providers that support them, announced a significant milestone with the closure of a $150 million Series D funding round led by Kleiner Perkins, Meritech Capital, and existing investor Sapphire Ventures. This latest infusion of capital will power cutting-edge endpoint, identity, cloud, and SaaS security research alongside strategic acquisitions—reinforcing Huntress’ commitment to fortify the critical businesses that comprise the backbone of the global economy.
Insightec, a global healthcare company dedicated to using focused ultrasound to transform patient care has raised $150 million in equity financing. With over 160 systems installed worldwide, Insightec’s proprietary technology has been used in nearly 20,000 commercial applications and is currently FDA approved as an incisionless, immediate treatment for patients suffering from essential tremor and Parkinson’s disease.
Marea Therapeutics, a clinical-stage biotechnology company has secured $190M combined Series A and B Funding. The Series A round was led by Third Rock Ventures and the Series B round was led by Sofinnova Investments and co-led by Forbion, Perceptive Xontogeny Venture Fund and venBio, with the participation of Alpha Wave Global, Omega Funds, Surveyor Capital and founding investor Third Rock Ventures.
Iambic Therapeutics, a clinical-stage biotechnology company developing novel therapeutics using its unique AI-driven discovery platform, today announced the closing of an oversubscribed $50 million extension to its Series B financing. The Series B extension was led by new investors Mubadala Capital and Exor Ventures, with participation from Qatar Investment Authority (QIA), and existing investors Abingworth, Illumina Ventures, Nexus Venture Partners, Coatue, and Tao Capital Partners.
Clip, Mexico's leading digital payments and commerce enablement platform, today announced that it has secured an investment round of US$100 million from investment funds managed by Morgan Stanley Tactical Value (“MSTV”) and from one of the largest, most experienced West-Coast mutual fund managers. The investment values Clip in line with the Series D round completed in 2021.
CesiumAstro Inc., a leading provider of space communications technology, announced today the closing of a $65 million Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc. and Quanta Computer, Inc. Renowned investors, including Kleiner Perkins, Lavrock Ventures, L3Harris Technologies, InMotion Ventures (JLR’s investment arm), Matter Venture Partners, MESH Ventures, and Assembly Ventures, also joined the round.
Scoop Analytics, the business analytics tool powered entirely by spreadsheets, today announced it has raised $3.5 million in seed funding. Scoop will use the new funds to expand the features of its solution – the first ever to make it easy for anyone with spreadsheet skills to get data from any application, blend data from different sources and tell visually compelling data stories through slide presentations based on live, drillable data to advance their business.