angela sormani
Storenvy has secured a $5 million Series A funding to fuel the growth of its social commerce platform. The round was led by Intel Capital and Spark Capital with participation by First Round Capital.
Morta Security, an early stage startup based in Palo Alto, CA, has closed its first round of financing. Investors include venture firms Andreessen Horowitz, Greylock Partners and Norwest Venture Partners and investors Data Collective, Larry Link, and Peter Wagner.
Cleantech investment specialist MTI Partners has completed a 2 million pounds ($3.1 million) investment round in Oxford Photovoltaics Limited. The company is an Oxford University spin-out commercializing solid-state dye sensitized solar cells for the Building Integrated Photovoltaic sector.
Batterii, a Cincinnati-based enterprise SaaS innovation software platform, has closed a $2.5 million seed-stage funding round. CincyTech led the round with $500,000. Other investors include Batterii CEO Kevin C. Cummins, Los Angeles-based investor Ken Salkin, and undisclosed individuals.
Parkmobile, a provider of mobile payment solutions to municipalities and parking providers around the world, has closed a $6.3 million financing. The round was led by its current investors BCD Holdings, Parkmobile Group, Fontinalis Partners and Bluefield Investments.
Investment firm RLB Holdings and Seattle-based biotech company Kineta have announced a new investment partnership focused on accelerating development of Kineta’s clinical stage drug candidates. The two drug programs funded by the investment partnership are ShK-186, an immune-sparing targeted therapeutic focused on autoimmune diseases and rOAS, a pan-viral therapeutic aimed at an array of malicious viruses.
Lulu, a girls-only mobile app for private reviews and recommendations of guys, is launching across the US. the app has secured funding from from Alexios Vratskides, Passion Capital and PROfounders Capital as well as a group of angels, including Yuri Milner, Hosain Rahman, Alexander Asseily, Bill Tai, Vivi Nevo, and Dave Morin.
Little Pim Corporation, a foreign language learning company that introduces young children to a second language via its core DVD and digitally downloadable multi-media series, has secured a $2 million Series C financing. Golden Seeds, including Golden Seeds Innovate NY Fund, led the investment round.
Osseon Therapeutics has raised a $14 million round of equity financing led by a private investor. Headquartered in Santa Rosa, CA, the company develops medical devices for minimally invasive treatments for degenerative bone and joint disease, including the treatment of vertebral compression fractures.
UK-based Albion Ventures has invested up to 2 million pounds ($3 million) in MyMeds&Me, a healthcare software as a service company. MyMeds&Me was established in 2011 by three senior pharmaceutical industry executives, Stephen Powell, Andrew Rut and Trevor Gibbs.