Iaso Biotherapeutics has raised a $75M Series C funding round to develop therapies for lymphoma, leukemia, and other conditions. The company is based in China. More: - Iaso Biotherapeutics is currently developing numerous Cell-T therapies that are expected to go under clinical trial.
- Its leading product, Equecabtagene Autoleucel, has received Investigational New Drug approval from the FDA.
- The company's treatments for lymphoma and leukemia have received Orphan Drug Designation status from FDA, a status given for conditions that affect fewer than 200,000 people in the U.S.
- Shanghai Guoxin Investment & Development, Efung Capital, Shanghai Waigaoqiao Free Trade Zone Group, Nanjing Jiangbei New Area State-owned Asset Management, Housen Care Brothers, and Hongcheng Investment participated in the funding round.
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Tabby has raised a $58M funding round from Sequoia India and PayPal Ventures to enable shoppers to pay in installments. The company has partnerships with Nike, H&M, Adidas, Ikea, etc. More: - Tabby is a fintech company that enables users to buy the things they want by splitting the payment into four interest-free installments.
- Tabby claims it has over 3 million users and that its revenue has grown 500% YoY.
- The company has raised $410M in only three years.
- It is currently one of the startups with the highest valuations in the MENA region.
- Tabby is based in Dubai, UAE.
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Mad Street Den has raised a $30M Series C funding round to provide AI customization services for retailers. Avatar Growth Capital and Sequoia Capital participated in the funding round. More: - Mad Street Den aims to help retailers adopt the latest AI technology that will help them become more efficient, grow their sales, and improve their brands.
- Its products enable companies to deploy features such as:
- Product tagging,
- Excess inventory management,
- Cart abandonment management, etc.
- The company works with Off-White, Diesel, MercadoLibre, Tata, etc.
- Mad Street Den is based in Redwood City, California.
- In addition to Avatar Growth Capital and Sequoia Capital, Falcon Edge also participated in this funding round.
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Beaconstac has raised a $25M funding round to provide QR engagement technology. The company has worked with Amazon, Pepsi, Toyota, Deloitte, Nestlé, etc. More: - Beaconstac offers a QR code technology platform that enables businesses to use it as a business card, as a menu, as an API to track sales and user engagement, etc.
- The company claims over 25,000 businesses have used its platform and that it has doubled its revenue YoY.
- This round was led by Telescope Partners, with participation from Accel.
- Beaconstac has 75 employees and aims to use this funding to expand its team.
- The company is based in the U.S. and India.
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A message from LINEARB Pull requests are the #1 cause of delays, toil and rework in modern software development. Why? Because they are treated the same no matter if a change is small or if it could affect the entire business. After analyzing the work of 2,000+ dev teams, LinearB found that the average pull request was waiting 4+ days before being picked up by another developer. The good news is that with some easy, automated and free help from the new dev tool gitStream, dev teams have been able to cut code-review times by 40%. Get it for free | |
💵 Today's funding: Biotech - Living Carbon (California), develops plants that capture and store carbon: $21M A led by Temasek, with participation from Lowercarbon Capital, Toyota Ventures, and Felicis Ventures.
Fintech - PeopleFund (South Korea), a peer-to-peer platform that provides loans based on AI-calculated risk reports: $20M C led by Bain Capital, with participation from Access Ventures, CLSA Capital Partners Lending Ark Asia, D3 Jubilee Partners, 500 Global, Kakao Investment, TBT Partners and IBX Partners.
Food technology Cybersecurity - Hypori (Virginia), provides secure access to data by providing a separate virtual workspace for any device: $10.5M B led by Hale Capital Partners with participation from GreatPoint Ventures and GEN David Petraeus.
SaaS - Amberflo.io (California), provides a platform to help companies deploy Usage-Based Pricing: $15M A led by Norwest Venture Partners.
- Rive (California), provides a platform where animators can collaborate in real-time: $10M A led by Two Sigma Ventures.
Health tech - Posterity Health (Colorado), a digital male fertility solutions company that offers virtual diagnostics and at-home visits: $7.5M Growth led by Distributed Ventures with participation from FCA Venture Partners and WVV Capit
- Membrion (Washington), enables the recovery of water in harsh environments: $7M B led by PureTerra Ventures, with participation from Safar Partners, GiantLeap Capital, and Freeflow.
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- 6th Man Ventures has led a $3.5M Seed for Sleepagotchi, a Massachusetts-based company that helps users improve their sleeping habits across the world.
- Canada-based Web3 company FilSwan has raised a $3M funding round led by Binance Labs and SNZ holdings with participation from Waterdrip Capital, FBG Capital, Protocol Labs, Unicorn Hunter Ventures, Chain Capital, LD Capital, Cabin VC, Betterverse Dao, and DAO Kondr VC.
- Huler, a U.K.-based provider of an employee experience platform, has raised $2.4M in a funding round led by EIS funds, the MEIF Proof of Concept & Early Stage Fund.
- BitOoda, a Boston-based digital asset investment platform that offers investment models based on data, has raised an undisclosed Series A led by RWE Energy Transition Investments.
- As your business grows, so does the number of employees and the information they have access to. In this short video, security experts at Vanta demystify access reviews.*
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- February 23 - Startups Book Club, February 2023 (Join The Club)
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| | Arbër is an Inside writer who also has experience in entrepreneurship. He has experience covering Consumer Tech, Venture Capital, NFTs, Crypto, etc. Arbër holds a Bachelor's degree in Business from XAMK University in Finland. When he is not reading(and writing) business news, he chooses to watch sports or anime...and then read news about sports or anime. | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords. | |
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