Managers

Secondary market poised to top $100 bln for first time

Neocis gathers $30 mln

Miami-based Neocis Inc, a provider of a robot-assisted surgical platform for the dental industry, has secured $30 million in financing. The investors included Mithril Capital Management and Norwest Venture Partners. In addition to the funding, Dr. Robert Mittendorff, a partner at Norwest Venture Partners, will join the Neocis board of directors.

Recursion Pharmaceuticals amasses $121 mln Series C

Salt Lake City-based Recursion Pharmaceuticals, a next-gen biopharma company, has secured $121 million in Series C financing. Baillie Gifford’s flagship investment trust Scottish Mortgage Investment Trust PLC led the round.

EHV adds COO and managing partner to team

Echo Health Ventures has named Jonathan R. Eide as chief operating officer and Karim Botros as managing partner. Prior to joining EHV, Eide was a partner at Robinson, Bradshaw & Hinson while Botros worked as the chief strategy and innovation officer at Cleveland-based MetroHealth System.

Invitae to buy VC-backed Jungla

Invitae Corporation has agreed to acquire Jungla, a provider of an AI-driven biotech firm, for about $50 million. Latham & Watkins advised Jungla on the transaction. Jungla is backed by Andreessen Horowitz.

Notable locks in $40 mln Series B

Notable, a provider of a clinically validated AI platform focused on cancer drug development, has raised $40 million in Series B funding. B Capital Group and LifeForce led the round.

Capital Rx nabs $12 mln

Capital Rx, a next generation pharmacy benefits manager, has raised $12 million in financing. Edison Partners leads the round.

Head of platform that helps founders with stress named partner at Alpha Bridge

For more than a year, Kari Sulenes has led Atlas, which provides a leadership platform dedicated to holistic founder support and is affiliated with the firm

POPS! Diabetes Care procures $6 mln Series A

POPS! Diabetes Care, a diabetes care management company, has secured $6 million in Series A funding. The lead investor was 30Ventures. Also, Revolution’s Rise of the Rest Seed Fund and Flying Point Industries participated in the round.

Early Zipline investor Paul Willard leaves Storm Ventures