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Meru Health secures $38M in equity and debt for ‘holistic’ online mental health platform
Meru Health secures $38M in equity and debt for ‘holistic’ online mental health platform
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Meru Health secures $38M in equity and debt for ‘holistic’ online mental health platform

– Meru Health is a startup that aims to solve a number of the challenges associated with getting access to quality mental health care.
– The company has raised $38m in Series B funding.
Industry Ventures led the $30m equity part.
– Early backers Bold Capital Partners, Foundry Group, Freestyle VC, FMZ Ventures and Leksell Social Ventures also participated in the equity financing, while J.P. Morgan funded the debt portion of the round.

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Elevian Raises $40M Series A
Elevian Raises $40M Series A
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Elevian Raises $40M Series A

– Elevian, an emerging biotech company developing medicines that restore youthful regenerative capacity with the potential to treat and prevent multiple age-related diseases, has raised $40m in an oversubscribed Series A round.
– The round was led by Prime Movers Lab.
– Additional investors include Bold Capital, Leslie Ventures, John A Kuelbs Family Office and others.

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SeQure Dx Announces $17.5M Series A Funding
SeQure Dx Announces $17.5M Series A Funding
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SeQure Dx Announces $17.5M Series A Funding

– SeQure Dx is a gene-editing diagnostics company.
– It announced a $17.5m Series A funding.
– The funding was led by RiverVest Venture Partners and Mass General Brigham Ventures along with Digitalis Ventures, Casdin Capital, KdT Ventures, Bold Capital Partners and Alexandria Venture Investments.
– Funds will be used for initial company development leading to establishment of a full-service laboratory providing off-target gene-editing analysis for use in drug development, clinical trials and ultimately patient evaluation prior to therapy.
– SeQure Dx was founded on exclusive licensure of GUIDE-seq, ONE-seq and related assay technologies for detection of off-target gene-editing events.

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Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus
Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus
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Insilico Medicine Raises $255 Million in Series C Financing Led by Warburg Pincus

– Insilico Medicine announced that it has closed a $255m Series C.
– The financing led by Warburg Pincus, and participated by current investors including Qiming Venture Partners, Pavilion Capital, Eight Roads Ventures, Lilly Asia Ventures, Sinovation Ventures, BOLD Capital Partners, Formic Ventures, Baidu Ventures, and new investors including CPE, OrbiMed, Mirae Asset Capital, B Capital Group, Deerfield Management, Maison Capital, Lake Bleu Capital, President International Development Corporation, Sequoia Capital China and Sage Partners.
– The financing will be used to progress Insilico Medicine’s current therapeutic programs into human clinical trials, initiate multiple new programs for novel and difficult targets, and further develop its AI and drug discovery capabilities.

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Docbot Closes Series A Financing Led by Khosla Ventures and Appoints Andrew J. Ritter as CEO
Docbot Closes Series A Financing Led by Khosla Ventures and Appoints Andrew J. Ritter as CEO
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Docbot Closes Series A Financing Led by Khosla Ventures and Appoints Andrew J. Ritter as CEO

– Docbot, Inc., an artificial intelligence (AI) technology company focusing on gastrointestinal (GI) disease, announced the closing of a Series A round.
– In conjunction with the financing, the company has appointed Andrew J. Ritter as CEO.
– Andrew has over 16 years of experience in GI disease and earned an MBA from the Wharton School at the University of Pennsylvania.
– Docbot’s founding CEO, Andrew Ninh, continues as Chief Strategic Officer and will lead business development, strategic partnerships and innovation.
– The Company closed a $4M Series A led by Khosla Ventures, with participation by Bold Capital Partners, Collaborative Fund and Boutique Venture Partners, bringing the total amount raised to $8.5 million since inception.

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Chef Robotics raises $7.7M to help automate kitchens
Chef Robotics raises $7.7M to help automate kitchens
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Chef Robotics raises $7.7M to help automate kitchens

– San Francisco-based Chef Robotics raised $7.7m in combined pre-seed and seed round.
– The round was led by Kleiner Perkins, Promus Ventures, Construct, Bloomberg Beta, BOLD Capital Partners, Red and Blue Ventures, Gaingels, Schox VC, Stewart Alsop and Tau Ventures.
– The product team includes ex-employees of Cruise, Google, Verb Surgical, Zoox and Strateos.
– The company is building a robotics and vision system destined to increase production volume and enhance consistency, while removing some food waste from the process.

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Bionaut Labs Emerges From Stealth With $20M
Bionaut Labs Emerges From Stealth With $20M
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Bionaut Labs Emerges From Stealth With $20M

– Bionaut Labs, a company focused on Revolutionizing the treatment of central nervous system disorders (CNS) with its Bionaut™ precision medicine treatment modality, today announced its launch backed by $20m financing led by Khosla Ventures.
– Other investors in the syndicate included Upfront Ventures, Revolution, BOLD Capital, and Compound.
– Proceeds from the financing support the advancement of the Company’s lead therapeutic program in glioma through preclinical development.

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Mighty Buildings Raises $40M In Series B Funding
Mighty Buildings Raises $40M In Series B Funding
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Unicorn Nest news

Mighty Buildings Raises $40M In Series B Funding

– Mighty Buildings is a construction tech company applying automation and innovative new technologies to cut time and labor hours.
– The company raised $40m in Series B funding.
– The round was led by Khosla Ventures and co-led by Zeno Ventures, with participation from returning investors Bold Capital Partners, Core Innovation Capital, and Foundamental.
– New investors included ArcTern Ventures, Abies Ventures, Modern Venture Partners, Giant Ventures, MicroVentures, One Way Ventures, Polyvalent Capital and others.

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