Cala Health announced this week it raised $50 million in a Series C financing that will fund the market introduction of its wristwatch-like device that delivers nerve stimulation as a remedy for tremors of the hands.
New investors Novartis, Baird Capital,... Read more »
A medical device for patients with swallowing disorders gets new life. A music streaming app gets an influx of cash. The state’s economic development agency faces more criticism for its practices. Startups in recruiting tech, medtech, and civic tech strike merger... Read more »
Let’s catch up with the latest innovation news in Texas.
—The Dallas-based Innov8te Smart Cities Incubator has named the six startups in its first program, according to a press release. The startups are using technology to help local governments sync... Read more »
Agrilyst, an agtech startup that has commercialized software that helps manage indoor farms and greenhouses, is unveiling a new name and additional capital. The company is now called Artemis and it has raised an $8 million Series A round of funding.... Read more »
In healthy people, viruses are kept in check by the immune system. But for immunocompromised patients, such as those undergoing transplant procedures, a viral infection is potentially deadly. AlloVir is developing a cell therapy intended to control infections while a patient’s... Read more »
Ann Arbor, MI-based startup Clinc, which is focused on developing conversational artificial intelligence software for use in chatbots, has raised $52 million in a Series B round, the company announced this week. The round was led by Insight Partners,... Read more »
[Corrected 5/21/19, 11:04 am. See below.] Sebastian Thrun first made his mark on autonomous vehicle development at the dawn of that industry, when he led a Stanford team whose robot car Stanley won the $2 million DARPA Grand Challenge... Read more »
Merck has reached a deal to acquire Peloton Therapeutics, and its Phase 3-ready kidney cancer drug, for $1.05 billion.
Under the agreement announced Tuesday, Merck (NYSE: MRK) will pay the sum in cash up front. If Peloton’s drug candidates reach... Read more »
US-Israeli cybersecurity startup Guardicore is moving its American headquarters from San Francisco to Boston after hiring a Massachusetts marketing executive and raising a $60 million funding round.
The Tel Aviv-based company’s decision to run American operations from Boston is a well-worn... Read more »
Yet another new biotech company has been founded in San Diego by serial entrepreneur Mike Grey and other alumni of rare disease startup Lumena Pharmaceuticals.
Reneo Pharmaceuticals, which has offices in San Diego and in the UK, announced Monday it has... Read more »
Auth0, a Bellevue, WA-based developer of user identification and login tools for software makers and large businesses, announced Monday it has raised $103 million in new financing. Under the terms of the deal, investors valued Auth0 at more than $1 billion,... Read more »
Austin— Though small, Austin’s fashion-technology community is growing. Not only have more businesses started moving to the city, now a new program at Austin Community College is hoping to further drive innovation in the industry.
“We are looking to create... Read more »
The Medicines Co. and partner Alnylam Pharmaceuticals have presented new evidence supporting the long-term use of their RNA-based cholesterol lowering therapy inclisiran, which is meant to be a longer lasting alternative to a new crop of heart drugs called PCSK9 inhibitors.... Read more »