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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

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 [...]

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

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 [...]

Sky9 Capital Closes New Fund on $200 Million Hard Cap

HONG KONG, Apr. 24 (Korea Bizwire) — Sky9 Capital announced today that it has completed the final closing of Sky9 Capital Fund III, L.P. with total capital commitments of $200 million. With support from a strong group of world-class institutional investors, family foundations and entrepreneurs, the fund invests mainly in China-based businesses with a focus [...]

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

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 [...]

TOMI Environmental Solutions, Inc. Completes $5.3 Million Private Placement Funding Led by Institutional Funds Based in Hong Kong

BEVERLY HILLS, Calif., Mar. 20 (Korea Bizwire) — TOMI Environmental Solutions, Inc. (“TOMI”) (OTCQX:TOMZ), a global decontamination and infection prevention company that specializes in disinfection/decontamination sales and services, including the manufacturing, sale and licensing of its SteraMist™, a hydrogen peroxide-based mist/fog that is registered with the U.S. Environmental Protection Agency (“EPA”), announced today that it [...]

Korean Investors See Big Potential in Crowdfunding

SEJONG, Jan. 29 (Korea Bizwire) – Crowdfunding fared well last year when the idea of raising money from a large number of people made its debut in Korea. The success rate in funding through this alternative way of raising money reached nearly half of overall funding rounds with about 18 billion Won being raised. According [...]