Tag Archives: series c

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Bolt Bio Adds $93.5M to Move Ahead Immune-Stimulating Cancer Drugs

Ten months ago Randy Schatzman was appointed CEO of cancer drug developer Bolt Biotherapeutics, and tasked with getting its first drug candidate into the clinic, building out its C-suite, and raising more money. On Wednesday Schatzman checked the last box on that priority list, closing a $93.5 million Series C financing round from a group […]

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Poseida to Advance CAR-T For Myeloma with Novartis-Led $142M Round

[Updated 4/23/19 9:10 a.m. See below.] The race to bring CAR-T cell therapy to multiple myeloma, a persistent and deadly cancer of the bone marrow, continued on Monday with a fresh round of funding for Poseida Therapeutics. Swiss pharma giant Novartis has invested $75 million in a $142 million Series C round for San Diego-based […]

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VC Trends in 2019: More Money, Fewer Deals But Women Still Get Less

[Updated 11:23 a.m. See below.] If you’ve been following venture capital trends, what you expected to happen in the first quarter of 2019 did: More money is being invested in fewer deals, and women founders still are getting less of it than men. Venture firms sent $32.6 billion into startups nationally during the first three […]

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Prognos Adds $20.5M for A.I. That Aims to Diagnose Diseases Earlier

This year, money has been funneling into companies that apply artificial intelligence to healthcare, from diagnostics to speech recognition software. The latest recipient is New York-based Prognos, which says it just closed a $20.5 million Series C round from a group of prominent insurers, drug makers, and venture capital investors. Prognos’s A.I.-related software aims to […]

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GNS Healthcare Adds $6M, Led by Amgen, for Machine Learning Tech

The investment arm of biotech giant Amgen has led a new $6 million round of funding in GNS Healthcare, CEO Colin Hill tells Xconomy. Amgen Ventures’ new investment is a part of the company’s Series C financing round, which now totals $23 million, says Hill, who is also GNS’s chairman and co-founder. Cambridge, MA-based GNS […]

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With Ransomware Concerns Fresh, Cybersecurity Firms Tap VC Funding

While a wave of cyber attacks like the coordinated “WannaCry” virus may be bad for business, it’s no secret that it means good business promotion for the cybersecurity industry. As cybersecurity stocks rose across the board Monday after a weekend full of hacks, a variety of startups rode the wave of interest in Web security […]

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Governments Pay for Research, Jobs in San Antonio Tech and Science

San Antonio — Finding funding for tech and life science ventures is no easy endeavor, be it an academic setting or in the corporate world. Government groups in Texas announced this week that they’re providing money to both sectors in San Antonio to boost research and job growth. The Cancer Prevention and Research Institute of Texas […]

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Inhaled-Drug Maker Savara Buys European Biotech With Two Candidates

Austin—Savara Pharmaceuticals, a privately held drug developer with an inhaled formulation of an antibiotic for a type of lung infection, is announcing today that it is acquiring two new drug programs. The Austin, TX-based company also is seeking new funding that could precede an initial public offering. “Now that we have multiple products in the […]

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OutboundEngine Gets $16M for Marketing Software for Small Businesses

Austin—OutboundEngine, an Austin, TX-based company that makes business development software, has raised $16 million in Series C funding. The round was led by S3 Ventures, with participation from Silverton Partners, Noro-Moseley, Harmony Partners, Altos Ventures, and Capital Factory. The company says it will use the money to hire additional software developers, as well as marketing […]

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Maxwell Health Gets $22M More to Simplify Health Benefits

Veer Gidwaney admits that he and his brother were probably a “little bit naïve” about the complexity of the healthcare industry when they started up Maxwell Health in 2012. Their startup provides Web-based software for buying and managing health insurance plans and other benefits, and runs an online marketplace for other human resources and health-related […]

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