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6K Raises $51M in Series C Funding
6K Raises $51M in Series C Funding
UN

Unicorn Nest news

6K Raises $51M in Series C Funding

– 6K Energy is a battery developer based in Hayward, CA.
– Company raised $45m in Series B funding.
– The round was led by Volta Energy Technologies with participation from Catalus Capital, S Cap/Prithvi Ventures, Anzu Partners, Launch Capital, Material Impact and RKS Ventures.
– The new investment will be used to complete its Battery Development Center of Excellence.

Source
InterVenn Biosciences Raises $201 Million for AI-driven Glycoproteomic Platform, Liquid-Biopsy development
InterVenn Biosciences Raises $201 Million for AI-driven Glycoproteomic Platform, Liquid-Biopsy development
UN

Unicorn Nest news

InterVenn Biosciences Raises $201 Million for AI-driven Glycoproteomic Platform, Liquid-Biopsy development

– InterVenn Biosciences announced the completion of a $201m Series C financing.
– The funding round was led by new investors SoftBank Group, Heritage Provider Network, Irving Investors, Highside Capital Management, and backed by existing investors Amplify Partners, Anzu Partners, Genoa Ventures and True Ventures.
– The proceeds from the financing will be used to accelerate development and commercialization of Dawn, the company’s liquid biopsy assay for immune checkpoint inhibitor response prediction, and to expand the network of partners on the company’s AI-driven glycoproteomics platform.
– To date, the InterVenn glycoproteomics platform has been used to develop 16 clinical use cases across oncology and other indications. Dawn is currently under development and is planned to be commercialized in 2022.

Source
Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy
Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy
UN

Unicorn Nest news

Niron Magnetics Raises $21.3M to Commercialize Rare-Earth Free Magnets for a More Sustainable Electric Economy

– Niron has raised $21.3M in new financing.
Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota.
– Niron will use the funding to build its pilot production facility in Minnesota and accelerate the development of its Clean Earth Magnet™ technology.
– Surging global demand for electric vehicles (EVs) and other motorized devices has highlighted global dependency on the unsustainably-produced rare earth materials currently required for the magnets needed in electric drivetrains and motors.
– Niron’s Clean Earth Magnet™ technology, developed from a decade of research, leverages materials science innovations to eliminate the need for rare earth content in magnets. Instead, Niron utilizes some of the most common elements on earth – iron and nitrogen – to deliver better performance and lower costs.

Source
Liquid Instruments raises $13.7M to bring its education-focused 8-in-1 engineering gadget to market
Liquid Instruments raises $13.7M to bring its education-focused 8-in-1 engineering gadget to market
UN

Unicorn Nest news

Liquid Instruments raises $13.7M to bring its education-focused 8-in-1 engineering gadget to market

– Liquid Instruments, a maker of educational electronics, raised $13.7m in funding.
– The $13.7 million comes from existing investors Anzu Partners and ANU Connect Ventures, and new investors F1 Solutions and Moelis Australia’s Growth Capital Fund.
– The company plans to use the funding to expand its product line.

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