MOBILion Systems, Inc., a provider of high-resolution instrumentation for biomarker discovery, diagnostics and therapeutic development, closed an oversubscribed $35 million Series B funding round led by aMoon. Funds will be used to build the commercial team supporting the launch of the company's first product based on the patented ion mobility separations technology, called Structures for Lossless Ion Manipulation (SLIM). [Full story]
August 17, 2020
Kin Insurance, an insuretech making home insurance easy and affordable, closed a $35 million Series B round led by Commerce Ventures with HSCM Bermuda, Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, the U of C's Startup Investment Program, and others. Kin's unique model has no agent middlemen and insurance policyholders get shares of company profits. [Full story]
August 16, 2020
Cecelia Health, a tech-enabled diabetes and chronic disease management company, closed a $13 million Series B funding round co-led by Rittenhouse Ventures and Endo Investors, with other investors. The funds will scale the adoption of its tech-enabled coaching and tele-medicine solutions and expand digital health capabilities. [Full story]
August 16, 2020
Virtual Power Systems, a provider of energy and function efficiency to data servers and systems, closed $12 million in funding from new and existing investors and also appointed interim CEO, Dean Nelson, as permanent CEO. Funds will be used to expand the team, customer engagements, partnerships, and product development of hardware and software platform. [Full story]
August 16, 2020
Micronoma, a biotech developing and commercializing a minimally invasive, microbiome-based cancer-detection method, closed a $3 million seed financing round led by microbiome-focused investor, SymBiosis, LLC. Funds will be used to further advance cancer detection technology with pioneering microbiome R&D. [Full story]
August 16, 2020
GrayQuest, an education-focused fintech company enabling parents to pay annual education fees in up to 12 monthly installments, has raised $1.2 million in pre-series A funding round led by Foundation Holdings. Funds will enable continued building of tailored financial products for all stakeholders in India’s education ecosystem. [Full story]
August 17, 2020
MOBILion Systems, Inc., a provider of high-resolution instrumentation for biomarker discovery, diagnostics and therapeutic development, closed an oversubscribed $35 million Series B funding round led by aMoon. Funds will be used to build the commercial team supporting the launch of the company's first product based on the patented ion mobility separations technology, called Structures for Lossless Ion Manipulation (SLIM). [Full story]
August 17, 2020
Clowder, a private social networks provider for membership groups, announced a 1.1 million seed funding round led by Active Capital. American Baseball Coaches Association and many other organizations were able to stay connected from afar during the pandemic Funds will be used to develop their sales, client success and technology departments.
August 16, 2020
Root AI, developer of the Virgo robot that uses soft grippers, 3D sensors, and AI to harvest different crops, closed $7.2 million in seed funding with participation from PJC, First Round Capital, and Outsiders Fund . Funds will be used to hire more hardware and software engineers and field operators and expand North American and European deployments later this year. [Full story]
August 16, 2020
PayActiv, an employer-sponsored earned wage access and holistic financial wellness platform, closed a $100 million series C led by Eldridge with participation of Generation Partners and the Ziegler Link-Age Fund II. Funding will further its mission of bringing security, dignity and savings to workers. [Full story]
August 16, 2020
Kin Insurance, an insuretech making home insurance easy and affordable, closed a $35 million Series B round led by Commerce Ventures with HSCM Bermuda, Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, Avanta Ventures, August Capital, the U of C's Startup Investment Program, and others. Kin's unique model has no agent middlemen and insurance policyholders get shares of company profits. [Full story]
August 16, 2020
Cecelia Health, a tech-enabled diabetes and chronic disease management company, closed a $13 million Series B funding round co-led by Rittenhouse Ventures and Endo Investors, with other investors. The funds will scale the adoption of its tech-enabled coaching and tele-medicine solutions and expand digital health capabilities. [Full story]
August 16, 2020
Virtual Power Systems, a provider of energy and function efficiency to data servers and systems, closed $12 million in funding from new and existing investors and also appointed interim CEO, Dean Nelson, as permanent CEO. Funds will be used to expand the team, customer engagements, partnerships, and product development of hardware and software platform. [Full story]
August 16, 2020
Micronoma, a biotech developing and commercializing a minimally invasive, microbiome-based cancer-detection method, closed a $3 million seed financing round led by microbiome-focused investor, SymBiosis, LLC. Funds will be used to further advance cancer detection technology with pioneering microbiome R&D. [Full story]
August 16, 2020
Oomnitza, a corporate digital estate security and management platform, closed a $12.5 million Series B institutional funding round led by Shasta Ventures and Riverside Acceleration Capital. More than 130 enterprise and Fortune 500 customers across a range of industries already rely on Oomnitza’s holistic approach to managing and securing IT infrastructure. Funds will be used for further expansion. [Full story]
August 12, 2020