Coraopolis, Pennsylvania-based RC21X, a brain performance monitoring startup, has secured funding of up to $100,000. The backer is Stadia Ventures, a St. Louis-based sports business accelerator, which is making the investment in exchange for an equity stake. RC21X is one of five companies that is participating in Stadia's spring accelerator program.
1 min read · 11 April 2017
Cirius Therapeutics, a clinical-stage pharmaceutical company focused on treating liver diseases, has closed its Series A financing round at $40 million. Frazier Healthcare Partners and Novo A/S led the round. Also, Cirius has appointed Bob Baltera as CEO, Dr. Howard Dittrich as chief medical officer and Brian Farmer as chief business officer. And, the company will open an office in San Diego while retaining its R&D operations in Kalamazoo, Michigan.
1 min read · 11 April 2017
Halifax, Nova Scotia-based Metamaterial Technologies Inc, a smart materials and photonics company, has raised $8.3 million in Series A funding. Radar Capital Inc led the round with participation from other investors that included Innovacorp.
1 min read · 11 April 2017
San Diego-based online lender LoanHero has named Zalman Vitenson as CEO, Olaf Janke as chief financial officer and Mikel Sides as vice president of sales. LoanHero's backers include Louie Partners and Mucker Capital.
3 min read · 10 April 2017
SV Life Sciences has renamed itself as SV Health Investors. According to the Boston-based healthcare and life sciences venture capital and growth equity firm, the name change was made to "better reflect the firm's longstanding strategy and multi-sector focus."
1 min read · 10 April 2017
Australia-based Qwilr, which transforms old documents into “beautiful web pages,” has secured A$1.5 million (about $1.12 million) in funding. The investor is Point Nine.
1 min read · 10 April 2017
Los Angeles-based Neural Analytics, a medical device company focused on diagnosing and tracking brain health, has raised $10 million in funding. Reimagined Ventures led the round. In conjunction with the funding, Dr. Ted Koutouzis of Reimagined Ventures has been added to Neural Analytics’ board of directors.
1 min read · 10 April 2017
Capital Factory is seeking to raise $10 million for its fifth fund, according to an SEC filing. Based in Austin, Texas, Capital Factory is a tech incubator.
1 min read · 10 April 2017
AeroMobil, a developer of flying cars, has raised an undisclosed amount of funding; however, other outlets report the amount to be 3 million euros. The investor was Patrick Hessel, founder and CEO of c2i.
1 min read · 10 April 2017
MIT's startup accelerator The Engine has raised over $150 million for its debut fund, according to an article posted on MIT's site. The Engine will back startups "developing breakthrough scientific and technological innovations with potential for societal impact." Of the total capital raised for The Engine, MIT invested $25 million.
1 min read · 07 April 2017
