Pipeline Therapeutics, a biopharmaceutical company focused on recovering brain function via neural regeneration, just raised $80 million in a Series C. The team plans to use the funds to advance their technology focusing on sensorineural hearing loss and another focused on multiple sclerosis.
Read more here.
COPAN Diagnostics has increased their COVID-19 test-kit production by over 4,000 percent since receiving $10 million from Apple’s Advanced Manufacturing Fund.
Teams at Apple, COPAN, and over 12 other US companies have partnered to create innovative processes and develop new machinery for COPAN’s Southern California facilities, playing a critical role in the fight against COVID-19.
COPAN has now shipped over 15 million COVID-19 sample collection kits to...
Anzu Special Inquisition I, a blank check company focused on transformative technologies for industrial use, filed with the SEC to raise up to $250 million in an IPO.
They will be offering 25 million units at $10 each. At the proposed deal, the company’s market value would be $313 million. Read more about the IPO here.
Nanome, a San Diego-based startup revolutionizing molecular research with virtual reality, just closed a funding round led by Bullpen Capital for $3 million. This money will help the company establish new business partnerships, build the company brand, and grow their science and engineering teams.
Nanome’s innovative technology allows scientists to collaborate virtually and get up-close to three-dimensional molecular structures. With the COVID-19 pandemic limiting access to in-lab...
San Diego-based Equip, raised $13 million in series A financing, supported by F-Prime, Optum Ventures, and .406 Ventures, bringing them to $17 million in total funding. Equip virtually delivers at home care for eating disorders, optimizing Family-Based Treatment. The company has launched in California, Texas, and New York, but they plan to use this round’s funding to expand its geographic reach. They also plan to build out its platform and grow its clinical team. Read more about the funding...
Airspace, which manages shipping of sensitive packages like organs or highly valued parts for machinery, has just raised $38 million in a Series C round of funding. This is its third round of funding so far, raising $70 million in total. Current CEO, Nick Bulcao, says this round will help the company continue to grow not just in the U.S., but also abroad. Read more here.
Vessel, a health tracker app that creates a personalized wellness plan for each user, is to raise $8 million in a new seeding round. This round is led by Monogram Capital Partners and past angel investors include Jared Leto, Kelly Slater, and Neal Bloom. This brings their total funding to $14.5 million raised. Read more about the funding here.
Trovata.io, a banking technology startup that creates an easily understood dashboard for companies to understand the amount of cash they have, forecast more quickly, and manage cash flow, raised $20 million in a series A round.
This round was led by Wells Fargo Strategic Capital. The $20 million will be used to deliver new services and accelerate multi-bank APIs to add more bank partners. Read more here.
BlueNalu, an innovative food company that uses cellular technology to create cell-based fish products, just received $60 million in convertible note financing. With this money they plan to become the leader of cellular aquaculture to support the sustainability and diversity of the ocean. This new funding will be put towards a new pilot production facility (the first of its kind for cellular-based seafood), FDA approvals, and marketplace testing.
Read more about this...
Mosaic, a company that is changing the way financial decisions are made by providing CFOs with real-time data and insights, brought its total funding to $21 million. Thanks to General Catalyst, Felicis Ventures, Village Global and XYZ Ventures bringing in $18.5 million Mosaic can now accelerate its product development and grow its team across multiple departments. Read more about the funding here.