Alleviant Medical Secures $75M in Funding with Receives A FDA IDE Approval

Alleviant Medical Secures M in Funding with Receives A FDA IDE Approval

Alleviant Medical, Inc., a privately held medical device company working on a no-implant interatrial shunt for heart failure, announced today the completion of a $75 million equity financing led by S3 Ventures and RiverVest Venture Partners. In this new financing round, S3 Ventures and RiverVest Venture Partners are joined by Gilmartin Capital, ShangBay Capital, and … Read more

PortPro Raises $12 Million in New Funding to Expand Drayage Carriers’ Technology Solutions

PortPro Raises  Million in New Funding to Expand Drayage Carriers’ Technology Solutions

The pandemic drew global media attention to the drayage industry amid larger supply chain issues, highlighting the industry’s dire need for digital transformation. Drayage carriers around the world are looking for efficient, cost-effective, and dependable solutions to give them an operational advantage, benefiting everyone involved in the journey of a container and contributing to the … Read more

Spatial Labs Raises $10 million to expand its Web3-enabled consumer goods

Spatial Labs Raises  million to expand its Web3-enabled consumer goods

Spatial Labs has raised $10 million in seed funding to further develop its Web3-enabled wearables and secondary marketplace LNQ. The proprietary chip used by the company connects physical products to exclusive online and in-person experiences. The technology also enables the tracking of item ownership and authenticity via Polygon’s blockchain. The company launched LNQ in October … Read more

Method Raises $16M to power loan repayment

Method Raises M to power loan repayment

Method, a startup that aims to make it easier for fintech developers to integrate repayment, balance transfers, and bill pay automation into their apps, announced today the completion of a $16 million Series A funding round led by Andreessen Horowitz, with participation from Truist Ventures, Y Combinator, Abstract Ventures, SV Angel, and others. Mit Shah, … Read more

Guardant Health Lays off 7% of Workforce

Guardant Health Lays off 7% of Workforce

Guardant Health confirmed on Wednesday that it had laid off approximately 7% of its workforce, or approximately 130 people. According to terminated employees who posted on LinkedIn, the layoffs affected a variety of departments, including account management, bioinformatics, and technology development. According to a former employee who wishes to remain anonymous, the latter group has … Read more

Kirilys Therapeutics Announced Series A Investment

Kirilys Therapeutics Announced Series A Investment

Kirilys Therapeutics, a California-based biotechnology company announced the completion of its Series A investment from Global Brain Corporation, a Japan-based early-staged focused venture capital firm. Kirilys Therapeutics, Inc. is a private, preclinical-stage biopharmaceutical company committed to the development of multiple precision oncology assets. Kirilys’ initial asset is KRLS-017, a novel CDK7 inhibitor with the potential … Read more

First Mode Raised $1.2B Venture Round

First Mode Raised .2B Venture Round

First Mode, a Seattle-based clean energy and global carbon reduction startup recently raised a $1.2 billion venture series funding round- according to Crunchbase. First Mode, which was founded in 2018, focuses on clean energy for heavy industry. Given Voorhees’ background as a NASA mechanical engineer, the company began with a focus on deep space exploration. … Read more