Iris Dorbian
Cambridge, Massachusetts-based ElevateBio, a biotech holding company, has secured $150 million in Series A financing. The investors included UBS Oncology Impact Fund, EcoR1 Capital, Redmile Group and Samsara BioCapital.
Torrance, California-based Phyn, a provider of intelligent water solutions, has raised $12 million in funding. The investors were Uponor and Belkin.
New York City-based Rocean, a connected water countertop device, has secured over $6 million in funding. Blue was the lead investor.
U.S. Venture Partners has raised over $292 million for its twelfth fund, according to an SEC filing. The target is $350 million. Based in Menlo Park, California, the venture firm invests in technology and healthcare.
Hong Kong-based OneDegree, an insurance tech startup, has raised over $30 million in funding. BitRock Capital led the round with participation from other investors that included Cyberport Macro Fund and Cathay Venture.
Grain, an online food company, has raised $10 million Series B funding. Singha Ventures led the round with participation from other investors that included Genesis Alternative Ventures, Sass Corp, K2 Global, FoodXervices, Majuven, Openspace Ventures, Raging Bull and Cento Ventures.
California-based Integra Devices, a next-generation micro-device company, has secured $6 million in funding. Kairos Ventures led the round.
Understory, a weather network and analytics company, has secured $5.25 million in Series B funding. True Ventures led the round with participation from 4490 Ventures and Revolution’s Rise of the Rest Seed Fund.
Overhaul Group Inc, a supply chain integrity solutions provider, has secured $7 million in funding. The investors included Abbey International Finance.
Sofinnova Partners has led a $15 million round for Twentyeight-Seven Therapeutics Inc. Also, Osage University Partner participated in the financing. Based in Watertown, Massachusetts, Twentyeight-Seven Therapeutics is a biotech company focused on the modulation of RNA to treat cancer and other human diseases.