Vertex Ventures Healthcare Announces USD 200 Million Fund III to Promote Healthcare Innovation

MedTech

BOSTON & SAN FRANCISCO --The USD 200 million third and largest fund of Vertex Ventures HC (VVHC), a women-led global healthcare investment organization, has just begun operations. Fund III will assist and empower ground-breaking life sciences and medical technology firms to foster innovation and enhance patient outcomes. According to Lori Hu, Managing Director, San Francisco, "As technology continues to reshape...

San Diego-based Calidi Biotherapeutics raises USD 25 million in Series B funding

SAN DIEGO - Jackson Investment Group ("JIG"), which has contributed an initial investment of USD 5 million, and Calidi Cure, LLC, a group of new and existing investors led by Allan Camaisa, CEO and Chairman of Calidi, have both committed USD 25 million in Series B funding to Calidi Biotherapeutics, Inc. ("Calidi"), a clinical-stage biotechnology company that is developing...

USA-based AvoMD raises USD 5 million in recent financing 

New York, USA-based no-code platform enabling clinicians and hospitals to easily make their own apps for use at the point of care, AvoMD raised USD 5 million in seed financing. The round took place on June 23, 2023. Early-stage venture fund AlleyCorp led the financing for the company. Meanwhile, Las Olas, Epsilon Health, MedMountain Ventures, and notable physician angel...

Germany-based Cakewalk raises EUR 2 million in funding

Berlin, Germany-based design-first Identity & Access Management solution that enables SMBs to regain control over the software applications their employees use, Cakewalk raised EUR 2 million in funding. The round took place on June 23, 2023. Fly Ventures led the financing for the company.  Meanwhile, Seedcamp, Possible Ventures, and prominent Business Angels joined in the round. Purpose of financing for Cakewalk The...

California-based biomanufacturing startup Hyfe raises USD 9 million in funding

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California -- Synthesis Capital announced a USD 9 million oversubscribed seed investment in Hyfé, which converts wastewater from the food processing industry into feedstocks for biomanufacturing and clean water. The Engine, Refactor Capital, Supply Change Capital, Overwater Ventures, X Factor Ventures, and Alumni Ventures are additional contributing investors. The startup has received $11 million in funding, including an oversubscribed...

Lehi-based software startup Limble raises USD 58 million in Series B funding

Synthetic Data Software startup Syntho

LEH, Utah, June 22, 2023 -- With the announcement of a USD 58 million Series B fundraising round headed by the Growth Equity division of Goldman Sachs Asset Management (Goldman Sachs), Limble, the industry's top provider of modern computerized maintenance management systems (CMMS), has raised the company's valuation to $450M. The cash will broaden Limble's product offering, enhance its...

USA-based Acryl Data raises USD 21 million in Series A

California, USA-based company operating the DataHub Project, an open source data catalogue, Acryl Data raised USD 21 million in Series A financing. The round took place on June 22, 2023. Bhaskar Ghosh, Partner at 8VC, led the financing for the company. Meanwhile, Ram Shriram, Founder of Sherpalo Ventures and Guillermo Rauch, Founder and CEO of Vercel, joined in Series...

Global life sciences company Bio-Techne to acquire Lunaphore Technologies 

Minneapolis, USA-based life sciences company providing tools and bioactive reagents for the research and clinical diagnostic communities, Bio-Techne entered into an agreement to acquire Lunaphore Technologies SA, a Switzerland-based life sciences company developing technology to enable spatial biology in the laboratory. The company announced the acquisition on June 23, 2023. However, it did not disclose the amount of the...

USA-based Sharrow Marine completes its Series of Financings with USD 30+ million

Detroit, USA-based subsidiary of Sharrow Engineering LLC, a leading manufacturer of revolutionary propellers for boats and ships, Sharrow Marine, completed USD 30+ million in a Series of financing. The financing is a combination of debt and equity. The round took place on June 20, 2023.  The family offices of John H. McFadden, Esq. and David Dolby, director of Dolby Laboratories...

Canada-based Augmenta raises USD 11.75 million in Seed extension

Toronto, Canada-based company automating building design for the construction industry, Augmenta, raised USD 11.75 million in a seed extension round. The funding took place on June 21, 2023. Eclipse led the financing for the company. Meanwhile, Hazelview Ventures, BDC Capital's Deep Tech Venture Fund, and Suffolk Technologies joined in the seed extension. So far, the total capital raised by the...