angela sormani
Construction automation business On Center Software has secured backing from Accel-KKR to accelerate its growth. Terms of the investment were not disclosed.
Funding Circle, an online marketplace for business loans has secured a $37 million series C investment led by Accel Partners. New investor Ribbit Capital joins New York-based Union Square Ventures and Index Ventures in the round. In total Funding Circle has raised $58 million in equity funding.
Cureatr, a mobile care coordination solution for healthcare providers, has secured $5.7 million in Series A financing. The funding round was co-led by Cardinal Partners and Milestone Venture Partners with JMI Services and the Partnership Fund for New York City participating.
BoostUp has secured a $1 million round of funding led by Detroit Venture Partners. Other investors include Cornerstone Opportunity Partners, angel investor Patrick Sullivan and IncWell. BoostUp is a social saving platform.
Alzheon, a clinical-stage biopharmaceutical company focused on brain health, memory and aging has launched. The company has secured initial financing from strong private investors with long-term vision and a history of exceptional success in building biopharmaceutical companies. Alzheon is located in Lexington, Massachusetts, USA.
Black Lotus has secured $3.5 million led by Industry Capital and has appointed Arman Khalili to its board of directors. Black Lotus is a service provider for data centers, telecommunications carriers and hosting providers.
Meal replacement drink Soylent has raised $1.5 million in seed funding from investors, including Andreessen Horowitz and Lerer Ventures, according to TechCrunch. Other investors include Reddit co-founder Alexis Ohanian, Harj Taggar and YC venture partner Garry Tan through their fund, Initialized Capital and Jack and Sam Altman through their vehicle, Hydrazine Capital.
Panoramic Power, a provider of circuit level energy management solutions, has closed its series B round of financing totaling $8 million. The round was led by NYC-based Marker as well as existing investors including Greylock IL, Qualcomm and ICV.
Unbound, a crowdfunding platform for authors and publishers, has closed a funding round led by new investors including DFJ Esprit and Cambridge Angels. Seed investor Forward Investment Partners participated in the investment round.
CYP Design has completed a seed funding round led by Mercia Fund Management under the Seed Enterprise Investment Scheme. The business is a spin out from the Leicester School of Pharmacy, part of the Faculty of Health and Life Sciences at De Montfort University. The company was founded to market new technology designed to speed up and reduce the cost of the development of new drugs and medicines.