Silicon Valley Journals MultiOmic Health, an AI-enabled drug discovery firm, has raised a £5 million (US$6.2 million) seed investment extension round to enhance its precision medicines discovery platform for metabolic syndrome-related medical disorders. Hoxton Ventures led the investment, with Ada Ventures, MMC Ventures, and Verve Ventures also participating. MultiOmic has funded a total of US$8.6 million since its … Read more
Silence Therapeutics plc AstraZeneca has nominated the first product candidate under its siRNA (short interfering RNA) collaboration and will pay Silence a $10 million option fee to advance development on an undisclosed program, according to SLN Silence” or “the Company. Silence Therapeutics is creating a new generation of medications by using the body’s natural RNA … Read more
Airspeed, an innovative network that connects and celebrates employees, received a $5 million Series Seed round of fundraising today. Greylock Partners and Venrock led the investment, with Salesforce Ventures, Next Play Ventures, and a number of renowned CEOs and executives also participating as angel investors. Airspeed also acquired a $2.5M financing line from Western Technology … Read more
Openlayer, the inventor of the world’s most comprehensive AI testing platform, announced today the completion of a $4.8 million seed round. The cash will be used to grow the company’s employees and improve the platform’s capabilities so that it can handle more machine learning (ML) activities. Startups and Fortune 500 businesses are already utilizing Openlayer … Read more
Nigerian payment service provider Nomba has raised $30 million in a pre-Series B funding round led by Base10 Partners, with participation from Helios Digital Ventures, Shopify, Partech, and Khosla Ventures. Nomba is a fintech company that offers financial software solutions. They provide fintech services such as bussiness saving, joint bussiness saving, card payments, POS terminals, … Read more
Whitham Law Group is being acquired by Colorado Legal Group, which will open two new offices. Colorado Legal Group is delighted to announce that additional office locations in Colorado Springs and Grand Junction will open in May. With our Denver office and additional office locations, we can better serve Colorado residents no matter where they … Read more
Modera Wealth Management, LLC (Modera) is pleased to announce the addition of the Parsec Financial (Parsec) team, based in Asheville, North Carolina. With over $10.5 billion in AUM and over 180 staff spread over 14 offices from Massachusetts to Florida, the merger creates one of the largest independent wealth management firms on the East Coast. … Read more
Hydrotech, Inc. announced today the acquisition of Isaacs Fluid Power Equipment Company (Isaacs), a step toward the company’s aim of modernizing industrial equipment and streamlining operations through application know-how, technical competence, and dependable service. Isaacs, headquartered in Mason, Ohio, was formed in 1948 and serves a variety of OEM and end-user industries in Ohio, Indiana, … Read more
VMG Health, a full-service healthcare strategy and transaction advising business, is pleased to announce the acquisition of BSM Consulting BSM , a specialty healthcare consulting firm based in Reno, Nevada and Phoenix, Arizona. Northlane Capital Partners NCP and VMG employees own VMG Health. In March 2020, NCP invested in VMG Health. BSM Consulting, founded in … Read more
Mullen Group announced that it has entered into a formal share purchase agreement for an undisclosed sum to acquire B. & R. Eckel’s Transport Ltd. The transaction is set to close today. B. & R. Eckel’s Transport has a long history of providing less-than-truckload, full truckload, and general oilfield carrying services to customers in the … Read more