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iTeos Therapeutics Closes $125 Million Series B2 Financing

iTeos Therapeutics Closes $125 Million Series B2 Financing

Cambridge, MA and Gosselies, Belgium – April 1 (Korea Bizwire) – iTeos Therapeutics Inc., a privately-held clinical-stage biotechnology company developing innovative cancer immunotherapies, announced today the closing of an oversubscribed Series B2 financing, which raised a total of $125 million. The Series B2 financing round was co-led by RA Capital Management and Boxer Capital, and [...]

Diligent Robotics Announces $10M Series A Funding

Diligent Robotics Announces $10M Series A Funding

AUSTIN, Texas, March 20 (Korea Bizwire) – Diligent Robotics, the A.I. company building socially intelligent robots for the future of work, announced that it has raised a $10 million series A investment, led by DNX Ventures, and participation from existing investors True Ventures, Ubiquity Ventures and Next Coast Ventures; E14 Fund, Promus Ventures, and Grit Ventures [...]

Sabin Vaccine Institute Receives $20.5 Million from BARDA with Potential of Up to $128 Million to Develop Ebola Sudan and Marburg Vaccines

Sabin Vaccine Institute Receives $20.5 Million from BARDA with Potential of Up to $128 Million to Develop Ebola Sudan and Marburg Vaccines

WASHINGTON, Oct. 1 (Korea Bizwire) — The Sabin Vaccine Institute (Sabin) today announced a funding award of $20.5 million with options for an additional $107.5 million from the Biomedical Advanced Research and Development Authority (BARDA) within the U.S. Department of Health and Human Services. Under the terms of this agreement, the full program is expected [...]

Quanta Raises $48 Million in Series C Funding Round

Quanta Raises $48 Million in Series C Funding Round

Alcester, Warwickshire, UK, Jul. 29 (Korea Bizwire) - Quanta Dialysis Technologies Ltd (“Quanta” or the “Company”), a British medical technology company developing a personal haemodialysis system (SC+) for patient use in the clinic and the home, today announces that it has successfully raised £38 million ($48 million) in a first closing of its Series C funding [...]

SignalFx Raises $75 Million to Fuel Demand for its Cloud Monitoring Platform

SignalFx Raises $75 Million to Fuel Demand for its Cloud Monitoring Platform

SAN MATEO, Calif., Jun. 12 (Korea Bizwire) — SignalFx, the leader in real-time cloud monitoring and observability for infrastructure, microservices, and applications, today announced it has raised $75 million in Series E funding led by Tiger Global Management with participation from existing investors. The primary equity financing brings total funding raised to $179 million and [...]

Geltor Announces Series A Funding from Cultivian Sandbox Ventures

Geltor Announces Series A Funding from Cultivian Sandbox Ventures

SAN LEANDRO, Calif. , Oct. 25 (Korea Bizwire) — Geltor, the bio-design company behind Designer Collagen, today announced $18.2 million in Series A financing, led by Cultivian Sandbox Ventures. The round includes investment from GELITA, the leading global supplier of collagen proteins, and ADM Ventures, the venture investing arm of global food and feed ingredient [...]

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

SOMERVILLE, Mass., Oct. 9 (Korea Bizwire) — Perceptive Automata, the leading provider of human behavior prediction software for machines, announced today that it has raised $16 million in Series A funding. The oversubscribed round was led by JAZZ Venture Partners with participation from Toyota AI Ventures, Hyundai Motor Company, and existing investors First Round Capital [...]

S. Korean Gov’t Faced with Tough Call on GM Korea’s Fate

S. Korean Gov’t Faced with Tough Call on GM Korea’s Fate

SEOUL, Feb. 27 (Korea Bizwire) — The South Korean government will have to make a tough decision on whether to inject fresh funding into General Motors to help continue its Korean operation amid heated debates over whether it would be a lifeline for a sustainable business or a painkiller for recurring headaches, officials and policymakers [...]

Stratumn Raises Largest Funding Round to Date in the European Blockchain and Data Security Ecosystem

Stratumn Raises Largest Funding Round to Date in the European Blockchain and Data Security Ecosystem

PARIS, Jun. 8 (Korea Bizwire) — Stratumn, a leading provider of network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography, announces today the raising of €7M in a series A funding from Open CNP, the Corporate Venture arm of CNP Assurances, Otium Venture, Nasdaq and Digital Currency Group. Less [...]