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IsomAb Raises £7.5M in Funding

Finsmes · 1y ago

IsomAb Raises £7.5M in Funding

UK biopharmaceutical company IsomAb has secured £7.5 million in funding led by Broadview Ventures, with participation from MEIF Proof of Concept & Early Stage Fund, Mercia's EIS funds, and existing investor SCVC. The Nottingham-based firm plans to use the funds to conduct further studies in preparation for clinical trials. IsomAb focuses on developing isoform-specific antibodies to treat peripheral arterial disease, a condition where the arteries in the legs and feet become blocked, leading to reduced blood flow. The company's lead program targets VEGF-A165b to address peripheral arterial disease in patients with metabolic syndrome and Type II diabetes.

Related News

EngineEars Raises $7.5M in Seed Funding

Finsmes · 1y ago

EngineEars Raises $7.5M in Seed Funding

Los Angeles-based music tech startup EngineEars has secured $7.5 million in seed funding. The round was led by Drive Capital, with participation from Slauson & Co., 645 Ventures, FLUS Investment Group, and various music industry professionals including Kendrick Lamar and DJ Khaled. EngineEars specializes in software solutions for streamlining music collaboration and management processes for artists, engineers, and record labels. The funding will be used to expand the company's operations and further develop its platform capabilities.

Blueprint Finance Raises $7.5M in Funding

Finsmes · 1y ago

Blueprint Finance Raises $7.5M in Funding

Blueprint Finance, the company behind the Concrete Protocol, has raised $7.5 million in funding. The round was led by Hashed and Tribe Capital, with participation from several other investors. The funds will be used to expand operations and development efforts. Blueprint Finance is building a native on-chain credit market called the Concrete Protocol, which offers liquidation protection and yield optimization. The platform aims to solve issues in the crypto space and support the growing lending activity in DeFi. The funding marks a significant milestone for the company.

Roofer.com Raises $7.5M in Seed Funding

Finsmes · 1y ago

Roofer.com Raises $7.5M in Seed Funding

Dallas-based technology company Roofer.com has secured $7.5 million in a seed funding round led by Mucker Capital. The company plans to expand into a second market in Austin, Texas and utilizes AI algorithms and drone technology to conduct roof scans. The funds will be used to streamline systems, hire core team members, and enter new markets in 2024.

Debt relief startup Freed raises $7.5M led by Sorin Investments, others

IndianStartupNews

IndianStartupNews · 1y ago

Debt relief startup Freed raises $7.5M led by Sorin Investments, others

Gurugram-based startup Freed recently raised $7.5 million in funding to expand its debt relief services. The funding round was led by Sorin Investments and included participation from Multiply Ventures and Piper Serica Fund. Freed offers innovative solutions to help individuals manage their finances effectively and relieve the stress of debt collection. Since its founding in August 2020, the startup has assisted over 25,000 customers with over Rs 1,200 crore in stressed retail debt. The recent funding will support Freed's growth and enhance its technological capabilities in the debt relief landscape.

Odyssey Raises $6M in Funding

Finsmes · 1y ago

Odyssey Raises $6M in Funding

Odyssey, an energy drink company based in Fort Lauderdale, FL, has secured $6M in funding. The funding will be used to drive the company's expansion in the retail sector and further develop its beverage portfolio. Odyssey offers a line of functional beverages that promote focus, mindful energy, and mood, with products that are free from added sugar, preservatives, artificial flavors, or sweeteners. The brand's products are available nationwide in various retailers. The funding round investors have not been disclosed.

Newcells Biotech Raises Further £2.35M in Funding

Finsmes · 1y ago

Newcells Biotech Raises Further £2.35M in Funding

Newcastle-based company Newcells Biotech has secured $2.35 million in funding, bringing its total funding to £12 million. The funding round was backed by North East Venture Fund, European Regional Development Fund, Mercia Ventures, and Northstar Ventures. Newcells Biotech specializes in 3D models that mimic human body processes, providing data for pharmaceutical companies to test the effectiveness and safety of their drugs. The funding will support the company's growth and help establish its position in the industry.

Khyaal Raises USD 4.2M

Finsmes · 1y ago

Khyaal Raises USD 4.2M

Mumbai-based app provider for seniors, Khyaal, has secured $4.2 million in funding, bringing its total funding to $5.4 million. The funding round was led by 62Ventures, SVQuad, and Inventus Capital, with participation from several other investors. The company plans to use the funds to expand its operations and reach. Khyaal's app offers a community for seniors and their families with entertainment content, games, and financial services tailored to their needs, including a smart payment card. The app also provides curated travel plans for seniors to explore new experiences safely.

Smartstaff raises 6.2M $ from returning investors

Economic Times

Economic Times · 2y ago

Smartstaff raises 6.2M $ from returning investors

The funding included $5,00,000 of debt funding from Alteria Capital, Smartstaff founder and CEO Arpit Dave told ETtech. Alteria Capital was the only new investor in the funding round. SmartStaff provides AI-powered HR solutions to enterprises, including recruitment and employee engagement tools. The investment from returning investors highlights confidence in the company's growth potential and its ability to address the evolving needs of the HR tech market.

Xampla Raises $7M in Funding

Finsmes · 1y ago

Xampla Raises $7M in Funding

Cambridge-based natural materials company, Xampla, has secured $7 million in funding, bringing their total funding to $17.6 million. The funding round saw participation from various investors including Amadeus Capital Partners and Horizon Ventures. Xampla plans to use the funds to expand their consumer brand, Morro, into new markets and advance the production of biodegradable, plant-based materials as alternatives to single-use plastics. The company's technology is already being used by notable brands and they aim to explore additional applications and optimize efficiency in collaboration with partners.

Sprinto Raises $20 Mn From Accel, Others

Inc42 · 1y ago

Sprinto Raises $20 Mn From Accel, Others

RegTech startup Sprinto has raised $20 million in Series B funding led by Accel. The funding round also included participation from existing investors Elevation Capital and Blume Ventures. Sprinto, founded in 2020, provides enterprises with automation tools for risk and compliance requirements. The company plans to use the funding for research and development, focusing on intelligent automation and artificial intelligence, as well as expanding into new markets.

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