Fractyl Raises $55 Million in Series E Financing to Advance Revita DMR for Type 2 Diabetes
LEXINGTON, Mass., August 6, 2020 – Fractyl Laboratories Inc. (Fractyl), a life sciences company dedicated to novel therapeutic interventions that can reverse the metabolic disease epidemic, today announced a first close of $55 million in a Series E financing. The financing was led by new investor Taiwania Capital Management Corporation and included returning investors Bessemer Venture Partners, General Catalyst, Domain Associates, Mithril Capital Management, Emergent Medical Partners, True Ventures, and GV. New investors, Catalio Capital Management, CDIB Venture Capital Corp., and YJ Capital, also participated in the round. Michael Huang, Managing Partner at Taiwania, will join Fractyl’s Board of Directors in conjunction…Aug 2020
LOCUM’S NEST ANNOUNCING LAUNCH OF NEW WORLD-BEATING PRODUCT RANGE!
We’ve all had a very different year to how we had planned at the end of 2019. However, this time has allowed us to step back and look at our product, reflect, and work out exactly what really matters to our customers. Therefore, we are delighted to announce the launch of our multi-product platform which includes four brand new products. Each has been added to the Locum’s Nest flagship digital software, having been developed during these last few months of rapid innovation in healthcare technology. The new products are all part of our aim as a company to unlock the market’s…Jul 2020
Bringing CleanTech Into the Home: Our Top Five Appliances
From Clean Tech News As the majority of the global population is spending more time than ever at home, we explore how cleantech can be incorporated at home to reduce our carbon footprints and lead to a sustainable, energy efficient future. Here are five of the most innovative cleantech home appliance developments of 2020. 1. Tado – Smart Thermostats Using smart thermostats, this Germany based company, Tado, connects heating and air conditioning systems to the internet. The smartphone app detects when residents are leaving or approaching their home, and even when windows are opened, to set temperatures efficiently. Connecting to heating and cooling systems to the…May 2020
Polares Medical Closes a $40M Financing to Complete Pilot Clinical Studies
Longitude Capital and other top-class VCs from around the world invest in Polares Medical. The Series B financing allows the company to advance its clinical studies. Polares Medical was spun off in 2017 from Symetis SA prior to the acquisition of Symetis by Boston Scientific. Polares Medical SA, a clinical stage medical technology company based in Lausanne announced today the closing of a $40 million financing led by Longitude Capital (Menlo Park) with the participation of Decheng Capital(Menlo Park / Shanghai), Endeavour Vision (Geneva), IDO Investments(Muscat), Earlybird Venture Capital (Berlin), and Wellington Partners(Munich). The company is focused on the development of a unique mitral valve hemi-replacement system to treat…