Weekly-Round-Up-January 9th to January 15th
January 16, 2023
Monogram Health, a value-based specialized provider of in-home evidence-based treatment and benefit management services for patients with polychronic illnesses such as chronic kidney disease and end-stage renal disease, announced the closing of a $375 million fresh fundraising round. Leading strategic investors CVS Health, Cigna Ventures, Humana, Memorial Hermann Health System, and SCAN participated in this milestone growth funding round, as did new and existing financial investors such as TPG Capital, Frist Cressey Ventures, Heritage Group, Pura Vida Investments, and Norwest Venture Partners.
PBS Biotech, a manufacturer of unique single-use bioreactors and a provider of process development services, has concluded a $22 million fundraising led by Avego Management, with additional investment from current investor BroadOak Capital Partners. This funding will be utilized to enhance the company’s product line, expand its process development services capabilities, and provide better customer support to worldwide cell therapy clients.
Capella Space, a premier American satellite maker and Earth observation firm, announced that it had closed a $60 million growth equity financing round from the U.S. Innovative Technology Fund (USIT). Capella will use this expansion funding to enhance its imaging capacity and create new data products as client demand for its frequent, timely, and high-quality SAR imagery and analytics grows.
Howdy, the Latin American (LATAM) hybrid workforce firm formerly known as Astro, announced its official rebranding and a $5 million extension to its initial $13 million Series A investment, which will begin in August 2022. The current fundraising round, led by Obvious Ventures with Greycroft participation, brings the Texas-based company’s total raised to $21 million with a valuation of $105 million. Howdy will use the additional funds to expand its footprint in the United States and scale its offering.
Consumer Edge, a data insights and analytics organization focused on the global consumer, announced the closing of more than $60 million in equity financing from funds managed by CoVenture, an asset management firm that invests throughout the capital stack of tech-enabled enterprises. Consumer Edge will use the funds to accelerate organic growth and continue executing on accretive, tuck-in acquisitions.
Welcome Homes, a Proptech firm that delivers magnificent homes at a fixed price in only a few clicks, has acquired more than $29 million in Series A funding headed by Era Ventures. The fresh funds will be utilized to hire more employees to further enhance Welcome Homes’ unique land technology, create new home models, and expand into other markets across the United States.
Oula, the modern maternity clinic that is redefining the pregnancy and birthing experience, announced that it has raised $19.1 million in Series A funding. The financing was led by 8VC, with existing investors including Chelsea Clinton’s Metrodora fund, the Female Founders Fund, the Collaborative Fund, and Alumni Ventures participating. Great Oaks, January Ventures, Rock Health, Black Jays, and individuals such as Kate Ryder of Maven Clinic, Tom Lee of One Medical, and Jonathan Bush of Athena Health were among the seed investors.
LinusBio announced that it has raised more than $16 million in Series A funding to develop a unique platform that connects genetics, the environment, and biological response. GreatPoint Ventures and Bow Capital lead the financing. Divergent Investments, Nicole Shanahan (President, Bia-Echo Foundation), the David Bellet Family Office, Gillian Sandler, and Sanford Robertson (Co-Founder of Francisco Partners and former Salesforce board member) were among the other investors.
Weekly Round-Up – Jan 2 to Jan 8
Weekly Round-Up – Dec 19 to Dec 25