Category Archives: Deals

Kenzo Security Emerges from Stealth with $4.5M in Funding to Redefine Security Operations with Multi-Agent AI Platform

Founded by ex-US military and builders behind Lacework, CrowdStrike and Datadog, Kenzo introduces the first true Agentic AI Security Operations Platform—built to support every facet of modern security operations

SAN FRANCISCO, April 21, 2025 — Today, Kenzo Security emerges from stealth after 18 months with $4.5 million in funding from The General Partnership and Michael Coates (former CISO of Mozilla and Twitter). Its Agentic AI Security Operations Platform is purpose-built to help CISOs and security teams do more with less while actually reducing risk.

Kenzo was founded by Harish Singh and Partha Naidu. Harish is a repeat founder and founding engineer behind successful security startups like Lacework and E8 Security, and one of the original minds behind the patented Polygraph technology that redefined cloud security. Partha, a former U.S. Air Force cyber operations leader, later led security product development at Datadog and CrowdStrike, helping shape the next generation of cloud security solutions. Together, they saw the need for a data-driven approach to security operations, going beyond alert triage and addressing real challenges security teams face daily.

“Every security team is trying to figure out how to leverage AI, but most tools simply wrap LLMs around Tier 1 alert handling,” said Harish Singh, CEO and Co-Founder of Kenzo. “Kenzo takes a fundamentally different approach. We’ve built a true platform—not a chatbot— powered by a swarm of specialized agents working together to investigate threats, deploy and tune detections, hunt proactively, and prioritize response in real time.”

At its core, the Kenzo platform deploys a network of domain-specific AI agents trained to handle key functions of the security operations lifecycle. These agents collaborate autonomously on a proprietary data mesh that enables fast, deep, and contextual analysis across an organization’s entire environment with minimal human input.

While many startups are racing to wrap generic AI agents from OpenAI, Anthropic, or Gemini around basic alert triage, these tools are not optimized for the depth and nuance required in security operations. Autonomous SOCs built on open-source models often become commodities capable of closing alerts, but not reducing risk.

“We invested in Kenzo because they’re solving a real pain point with real technical depth,” said Dan Portillo, co-founder and managing partner at The General Partnership. “The AI SOC Analyst is becoming a commodity. Kenzo’s data-driven, multi-agent approach is what security teams actually need to reduce risk at scale.”

Kenzo’s platform uses a swarm of purpose-built AI agents trained for specific security functions and deployed on a proprietary data mesh architecture. This enables deep collaboration across agents, more consistent and accurate outcomes, and ultimately delivers what security teams need most: meaningful risk reduction at scale.

This approach allows Kenzo to:

  • Drive down risk by surfacing only the threats that truly matter while keeping teams focused on high-impact work
  • Eliminates alert fatigue and manual busywork by offloading investigations and decisions to AI
  • Scales security outcomes without increasing headcount, delivering greater impact while controlling costs

“Kenzo Security’s Agentic AI Architecture helps detection and response teams act faster and smarter, focusing on critical threats and delivering real security outcomes—essential for teams aiming to scale intelligently,” said Michael Coates, Founding Partner at Seven Hill Ventures & former 3x CISO.

The funding will be used to grow Kenzo’s engineering and sales teams to meet early customer demand and to expand the platform’s capabilities while preserving the depth and precision of each specialized security function.

Kenzo currently employs 14 people and plans to grow to 20 by the end of the year.

To learn more, visit kenzo.security.

SOURCE Kenzo Security

Emerging Managers Podcast Launches, Highlighting New Players in Venture Capital Outperforming the Status Quo

ST. PETERSBURG, Fla., April 18, 2025 — Debuting in the venture capital podcasting space, the Emerging Managers Podcast breaks ground covering an in-depth exploration of the often-overlooked landscape of first fund venture capital firms. Hosted by seasoned investor Scott Kelly of Black Dog Venture Partners and Podetize Founder, Tracy Hazzard, this series aims to shed light on the 1,800+ emerging fund managers who are driving innovation and delivering exceptional returns, yet often remain hidden from mainstream attention.

In a venture capital ecosystem where 70-80% of capital flows to a select few established funds, the “Emerging Managers Podcast” seeks to recalibrate the narrative. The podcast dives deep into the unique stories, investment theses, and operational strategies of these emerging fund managers, providing valuable insights for Limited Partners (LPs), angel investors, and entrepreneurs alike.

“We’ve identified a critical disparity in the VC landscape,” states Scott Kelly. “While the lion’s share of capital is concentrated in a small number of mega-funds, our research and conversations reveal that emerging managers are frequently outperforming these giants in terms of alpha and innovation. These are the funds driving the future, and they deserve a larger platform and greater LP engagement.”

Tracy Hazzard adds, “This podcast is about more than just investments; it’s about building trust and fostering connections. By sharing the personal journeys and strategic visions of these fund managers, we aim to demystify the “fund one” experience and create a more equitable playing field. We believe that transparency and dialogue are crucial for the industry’s growth and evolution.”

The “Emerging Managers Podcast” will feature interviews with a diverse array of fund managers from across the globe, covering various sectors and investment strategies and topics such as:

  • Origin Stories: How these emerging managers transitioned from entrepreneurs or angel investors to launching their own funds.
  • Investment Theses: The specific sectors and technologies these funds are targeting, and why they are outperforming their competition.
  • Operational Challenges: The hurdles faced by emerging managers in fundraising, deal flow, and portfolio management and getting beyond that first fund.
  • LP Engagement: Strategies for building relationships with LPs and securing more credibility and capital.
  • Market Trends: How emerging managers are navigating the current VC landscape and adapting to changing market conditions.

“Our goal is to provide a comprehensive and unbiased look at the emerging manager space,” Kelly explains. “We’ll be asking the tough questions and getting to the heart of what makes these funds tick. We want to be a resource for anyone looking to understand and engage with this vital segment of the venture capital industry.”

The “Emerging Managers Podcast” is available on Apple, Spotify, and all major podcast platforms, including YouTube.

About Scott Kelly & Black Dog Venture Partners:

With over three decades of experience working with both entrepreneurs and investors, Scott Kelly is the CEO of business accelerator Black Dog Venture Partners and founder of VC Fast Pitch. He leverages his innovative skills, extensive experience training thousands of salespeople, and vast network of investors to help founders and investors sustain and scale innovation. Kelly is well known for organizing and hosting monthly investor-founder matchmaking events.

About Tracy Hazzard & Podetize:

Tracy Hazzard is a leading authority in podcasting and media with experience as a speaker, podcaster, and Inc. Innovation columnist, as well as a successful female AI tech founder. As Co-Founder and Director of Applied AI for Podetize, the largest podcast post-production company for independent podcasters and networks, Hazzard provides insights into the intersection of technology, marketing, and media.

Contact:
Scott Kelly
[email protected]

Photo(s):
https://www.prlog.org/13072262

Press release distributed by PRLog

SOURCE Black Dog Venture Partners

1Fort Raises $7.5M to Automate Business Insurance with AI

Investment to elevate AI, as company continues to accelerate growth strategy of empowering insurance brokers to bind more policies in less time for businesses

NEW YORK, April 17, 2025 — 1Fort, the AI platform for business insurance, today announced it has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round also included Draper Associates (Tim Draper); Karim Atiyeh, the founder of Ramp; and participation from all existing VCs: Village Global, Operator Partners, 8-Bit Capital, Character VC and Company Ventures. This latest round brings the 1Fort total funding to $10 million.

Insurance brokers and agents face manual, time-consuming processes when serving businesses. Yet 70% of businesses still rely on them for coverage, according to the Hiscox. Despite this reliance, 75% remain underinsured—leaving nearly 24 million businesses exposed as risks grow in severity and frequency with advancing technologies, such as cyber attacks and supply chain disruptions.

1Fort solves these challenges by empowering brokers to bind more top-tier insurance policies for businesses faster using AI. The platform leverages AI to automate various broker workflows, including autofilling insurance applications, retrieving quotes from carriers; comparing coverages; and integrating payment and financing options. Brokers who use 1Fort save on average up to two hours per submission and increase their bind rate by up to 20 percent. Brokers also better retain clients with 1Fort’s complementary risk management software, which businesses manage their policies and proactively prevent claims or losses.

1Fort grew revenue nearly 200% month-over-month in 2024, and has already partnered with over a dozen leading brokerages and A-rated carriers, including Arch, Tokio Marine HCC and Markel. The funding will allow 1Fort to continue to improve the broker experience through AI innovations and talent acquisition and further expand partnerships with carriers and brokers.

“Our mission is to help every business obtain the financial protection they need to keep up with today’s fast-moving risks, and empowering insurance brokers with AI to automate their antiquated workflows is the way to achieving it,” said Anthony Marshi, 1Fort Co-Founder and CEO. “This investment will allow us to grow even faster by doubling down on our AI features and strengthening our broker and carrier partnerships. We’re grateful for our investors who share our vision in transforming business insurance.”

“1Fort has been a great resource for our team, allowing us to move even faster and deliver great products for our clients,” said Travis Hedge, Co-Founder of Vouch, a leading VC-backed broker for startups from idea to IPO.

“Building AI-powered, service-as-software solutions to modernize legacy workflows in the insurance vertical is one of today’s most exciting opportunities,” said Jim Andelman, Bonfire Ventures Co-Founder and Managing Director. “1Fort has already built impressive momentum and is poised to revolutionize this trillion-dollar market.”

Brokers can quote directly for their appointed markets or receive wholesale access to Cyber, Tech E&O, Professional and Management liability insurance. 1Fort is licensed in all 50 states and has partnered with more than a dozen A-rated carriers.

About 1Fort 
1Fort is a leading VC-backed insurtech leveraging cutting-edge AI technology to automate business insurance for brokers. Hundreds of leading independent insurance brokers use 1Fort to save time and earn more on placing business insurance. With a dedicated team and strong backing, 1Fort is on a mission to build the AI platform for the future of business insurance.

SOURCE 1Fort

Goodfire Raises $50M Series A to Advance AI Interpretability Research

Funding from Menlo Ventures powers Goodfire’s mission to decode the neurons of AI models, reshaping how they’re understood and designed

SAN FRANCISCO, April 17, 2025 — Today, Goodfire, the leading AI interpretability research company, announced a $50 million Series A funding round led by Menlo Ventures with participation from Lightspeed Venture Partners, Anthropic, B Capital, Work-Bench, Wing, South Park Commons, and other notable investors. This funding, which comes less than one year after its founding, will support the expansion of Goodfire’s research initiatives and the development of the company’s flagship interpretability platform, Ember, in partnership with customers.

“AI models are notoriously nondeterministic black boxes,” said Deedy Das, investor at Menlo Ventures. “Goodfire’s world-class team—drawn from OpenAI and Google DeepMind—is cracking open that box to help enterprises truly understand, guide, and control their AI systems.”

Despite remarkable advances in AI, even leading researchers have little idea of how neural networks truly function. This knowledge gap makes neural networks difficult to engineer, prone to unpredictable failures, and increasingly risky to deploy as these powerful systems become harder to guide and understand.

“Nobody understands the mechanisms by which AI models fail, so no one knows how to fix them,” said Eric Ho, co-founder and CEO of Goodfire. “Our vision is to build tools to make neural networks easy to understand, design, and fix from the inside out. This technology is critical for building the next frontier of safe and powerful foundation models.”

To solve this critical problem, Goodfire is investing significantly in mechanistic interpretability research – the relatively nascent science of reverse engineering neural networks and translating those insights into a universal, model-agnostic platform. Known as Ember, Goodfire’s platform decodes the neurons inside of an AI model to give direct, programmable access to its internal thoughts. By moving beyond black-box inputs and outputs, Ember unlocks entirely new ways to apply, train, and align AI models — allowing users to discover new knowledge hidden in their model, precisely shape its behaviors, and improve its performance.

“As AI capabilities advance, our ability to understand these systems must keep pace. Our investment in Goodfire reflects our belief that mechanistic interpretability is among the best bets to help us transform black-box neural networks into understandable, steerable systems—a critical foundation for the responsible development of powerful AI,” said Dario Amodei, CEO and Co-Founder of Anthropic.

Looking ahead, Goodfire is accelerating its interpretability research through targeted initiatives with frontier model developers. By closely partnering with industry innovators, Goodfire will rapidly enhance and solidify the application of interpretability research. “Partnering with Goodfire has been instrumental in unlocking deeper insights from Evo 2, our DNA foundation model,” said Patrick Hsu, co-founder of Arc Institute – one of Goodfire’s earliest collaborators. “Their interpretability tools have enabled us to extract novel biological concepts that are accelerating our scientific discovery process.”

The company also plans to release additional research previews, highlighting state-of-the-art interpretability techniques across diverse fields such as image processing, advanced reasoning language models, and scientific modeling. These efforts promise to reveal new scientific insights and fundamentally reshape our understanding of how we can interact with and leverage AI models.

The Goodfire team unites top AI interpretability researchers and experienced startup operators from organizations like OpenAI and Google DeepMind. Goodfire’s researchers helped found the field of mechanistic interpretability, authoring three of the most-cited papers and pioneering advancements like Sparse Autoencoders (SAEs) for feature discovery, auto-interpretability frameworks, and revealing the hidden knowledge in AI models.

About Goodfire
Goodfire is an AI interpretability research company and public benefit corporation based in San Francisco, dedicated to understanding and intentionally designing advanced AI systems. Backed by Menlo Ventures, Lightspeed Venture Partners, Anthropic, B Capital, Work-Bench, Wing, South Park Commons, and others, Goodfire believes advances in interpretability will unlock the next frontier of safe and powerful foundation models. Learn more at goodfire.ai and x.com/goodfireAI.

About Menlo Ventures
Menlo Ventures is a leading early-stage venture capital firm investing at the forefront of AI. Our portfolio includes more than 80 public companies and over 165 exits through mergers and acquisitions since our founding nearly 50 years ago. Currently managing more than $6 billion in assets, we invest at every stage across Consumer, Enterprise, and Healthcare. Our portfolio companies include Abnormal Security, Anthropic, Benchling, Carta, Chime, Harness, Pinecone, Poshmark, Pillpack, Recursion, Roku, Rover, Siri, Typeface, Uber, and Warby Parker. We strive to have a positive impact on everything we do. When we’re in, we’re ALL IN.

SOURCE Goodfire

EQUITAGE VENTURES ANNOUNCES NEW $47.3 MILLION TECH INVESTMENT FUND FOCUSED ON SENIOR CARE AND AGING

DENVER, April 17, 2025 — Equitage Ventures, an early-stage AgeTech venture capital firm investing in technology and technology-enabled services companies in senior care, has announced the final close of a new $47.3 million fund providing capital, distribution, and strategic guidance to entrepreneurs addressing the unmet physical, mental, spiritual, and social needs of older adults.

This is the first fund for Equitage, led by an investment team with many decades of experience investing in and operating senior care businesses that includes Russell Hirsch, a co-founder of Generator Ventures; Adam Kaplan, CEO of Solera Senior Living; and Daniel Kaplan, an investor who also worked with Generator Ventures.

Equitage’s limited partner capital spans the care continuum, including senior living and skilled nursing operators, home health and hospice agencies, and home care leaders, as well as corporates from healthcare technology, healthcare real estate, and consumer products. The firm leverages this extensive network to connect portfolio companies with key customers, strategic partners, top-tier talent, and seasoned advisors, empowering them to scale rapidly and deliver their needed, impactful solutions to more older adults and families.

The firm is actively seeking to invest in companies that will truly transform healthcare and is deploying capital into themes where it sees urgent need, real opportunity or long-term transformation. This includes compliance infrastructure for senior housing and skilled nursing facilities, documentation automation for home and facility-based care, passive monitoring, oral health, dementia and behavioral health, care navigation, and family caregiving. This first fund will target early-stage tech and services companies, allowing Equitage to back best-in-class founders and executives operating in markets where the firm believes it can add the most value.

Equitage is eager to meet with companies building the next-generation senior care companies and encourages founders to proactively reach out at any stage to discuss funding opportunities. Please contact EquitageVC.com for more information regarding the firm and the Equitage I fund.

About Equitage
Equitage is an early-stage AgeTech venture capital firm investing in technology and technology-enabled services companies in senior care. The firm provides capital, distribution, and strategic guidance to entrepreneurs addressing the unmet physical, mental, spiritual, and social needs of older adults. For more information on Equitage, visit EquitageVC.com.

SOURCE Equitage Ventures

t’order Launches $50M Series C to Scale Data-Driven Foodservice Tech and Accelerate Global Expansion

SEOUL, South Korea, April 17, 2025 — t’order, a leader in the Korean restaurant tech space, has officially launched its Series C fundraising round, targeting $50 million USD from both domestic and global investors. While the identities of participating institutions remain undisclosed, the round has attracted significant interest from a range of investors, including leading venture capital firms, private equity firms, and financial institutions. To guide the process, t’order has appointed Samil PwC (PricewaterhouseCoopers Korea), the nation’s largest accounting and advisory firm, as its exclusive financial advisor.

Founded in 2019, t’order has quickly become Korea’s leading table-ordering platform, transforming the dining experience with its cutting-edge, fully digital ordering and payment system. The company has installed over 260,000 tablets nationwide, driving a monthly GMV (gross merchandise volume) exceeding $317 million USD, positioning itself as a dominant force in Korea’s restaurant tech sector. With more than $7.4 billion USD in cumulative transaction volume processed to date, t’order is poised for continued growth and innovation.

Currently valued at approximately $220 million USD, t’order has evolved into a comprehensive digital operating system for restaurants, driving significant improvements in operational efficiency, unlocking new revenue streams, and enhancing the overall customer experience. t’order has successfully completed integrations with major POS providers Toast and Clover, paving the way for its U.S. market entry. These integrations provide a seamless experience for North American restaurant operators and chains, further strengthening t’order’s position in the global market.

A key growth driver for t’order is its in-tablet advertising business, which delivers over 3 billion ad impressions monthly across more than 25 million orders. This advertising channel is gaining significant attention as a powerful offline medium, engaging customers during the average 85-minute dwell time at restaurant tables. t’order is also collaborating with large enterprise advertisers to develop real-time, data-driven ad campaigns based on factors such as table size, product type, location, and demographic profiles, ushering in a new era of targeted in-venue marketing.

In 2024, t’order raised $23 million USD in its Series B round, backed by Korea Development Bank, LB Investment, No & Partners, and Eugene Investment & Securities. The funds were used to accelerate product innovation, develop advanced table-ordering devices, enhance R&D for AI-driven personalization and data analytics, and scale nationwide deployment.

With this Series C round, t’order aims to strengthen its leadership in Korea while expanding into new verticals and international markets. Leveraging its extensive dataset, the company plans to provide personalized insights and decision-support tools to restaurateurs, solidifying its position as a category-defining player in global foodservice tech.

SOURCE t’order

Neuron7 Appoints Genesys CSO Larry Shurtz to Board of Directors

Former Confluent and Salesforce Executive Joins Experienced Business Leaders Validating Company’s AI-Driven Approach to Service Resolution

SAN JOSE, Calif., April 17, 2025 — Neuron7.ai, the leader in AI for service resolution intelligence, today announced the appointment of Genesys Chief Sales Officer (CSO) Larry Shurtz to its board of directors. Shurtz brings more than 25 years of experience building high-performing go-to-market and commercial organizations at leading technology companies, including Confluent, Salesforce and Oracle.

As CSO at Genesys, a global cloud leader in AI-Powered Experience Orchestration, Shurtz leads the company’s global go-to-market strategies, including commercial activities, field sales, the partner ecosystem and demand generation. Prior to Genesys, Shurtz was the Chief Revenue Officer at Confluent, where he grew revenue more than 60%. Previously Shurtz spent a decade at Salesforce, where he led a 1,300-person team to $2.1 billion in revenue.

“Larry’s background and strategic insight perfectly align with Neuron7’s mission,” said Neuron7.ai CEO Niken Patel. “His leadership, developed at some of the world’s most influential companies, will be instrumental in helping Neuron7 deliver breakthrough growth and exceptional customer outcomes.”

“Service organizations are under significant pressure to deliver growth and profits while staying ahead of rising customer expectations, necessitating new AI-driven approaches focused on helping people resolve issues,” said Shurtz. “I’ve been impressed with Neuron7’s ability to deliver significant value and impact for their customers and look forward to helping them execute on their vision for resolution intelligence.”

Shurtz joins Neuron7’s impressive list of advisors and investors, including Nexus Venture Partners, Battery Ventures, and Keith Block, former co-CEO of Salesforce whose Smith Point Capital led the company’s recent $55 million Series B funding round.

Neuron7 recently received the Service Council 2024 Global Service Innovation Award and counts several Fortune 1000 as customers. The company’s approach to AI-driven service transformation is improving service operations and delivering tangible business benefits. Companies leveraging Neuron7 are achieving 90+% AI resolution accuracy, 46% faster case resolution times and millions of dollars in service cost savings.

About Neuron7.ai
Neuron7 is the leader in Service Resolution Intelligence, helping customers achieve 90%+ resolution accuracy faster. By bringing together knowledge from thousands of people, vast data sources and interactions across your service environment, Neuron7 creates a Smart Resolution Hub. AI guides your teams through the best next steps with turn-by-turn guidance in your CRM, chat or other existing workflow. Customers resolve issues faster, the first time and get answers in seconds. Neuron7’s solutions are purpose-built for complex service environments, including medical devices, high tech and industrial equipment, providing a single system of intelligence across self-service, call centers, technical support, field service and engineering. Neuron7 is backed by Nexus Venture Partners, Battery Ventures, Smith Point Capital and ServiceNow Ventures. Learn more at neuron7.ai.

SOURCE Neuron7.ai

Book an Author Joins Prestigious Gold House Ventures Founder Fellowship to Transform Access to Authentic Storytelling

NEW YORK, April 17, 2025 — Book an Author, a tech-driven marketplace simplifying author discovery, event booking, book fairs, and bulk sales, has been chosen to participate in the 2025 Gold House Ventures Founder Fellowship In partnership with New York City Economic Development Corporation (NYCEDC). This highly selective program provides exceptional diverse-led startups with mentorship, funding opportunities, and strategic resources to accelerate growth. 

Book an Author is revolutionizing traditional publishing by making authentic storytelling more accessible. The platform empowers educators and event organizers with time-saving tools to bring authentic storytelling experiences to their communities while creating new revenue streams for authors and publishers.

“As someone with experience in both education and publishing, I’ve witnessed the challenges schools face connecting with authors and the difficulties writers encounter reaching audiences,” said Yobe Qiu, CEO and Co-Founder of Book an Author. “Through this fellowship with Gold House and NYCEDC, we’re gaining invaluable mentorship to address these pain points systemically.” 

Serena Li, COO and Co-Founder, added: “This fellowship arrives at a crucial growth stage for our company. Becoming a Gold House Ventures Founder Fellow connects us with a powerful community that shares our vision for democratizing access to diverse stories. Their support will help us scale responsibly while maintaining our commitment to equity in the literary world.” 

The Gold House Ventures Founder Fellowship is renowned for identifying and accelerating the most promising diverse-led startups. Book an Author’s selection recognizes its potential to reshape the literary landscape through technology. 

About Book an Author
Book an Author is a tech-powered marketplace that simplifies connecting with authors for school visits, speaking engagements, and bulk book purchases. To learn more, visit https://www.bookanauthor.com/

About Gold House Ventures
Gold House Ventures (GHV) invests in early stage Asian Pacific founded startups, which produced one-third of unicorns in the last two decades and one-half of IPOs in the last two years. GHV’s in-house accelerator has graduated 115+ startups that have raised $2b since 2020; placed 100+ multicultural board members and advisors at startups; and convened the world’s leading celebrities, creative franchises, and promotional opportunities to help its portfolio build and scale. To learn more, please visit https://goldhouse.org/founderfellowship/

SOURCE Book An Author

Zynext Ventures Invests in Feldan Therapeutics to Drive Innovation in Intracellular Drug Delivery

PENNINGTON, N.J. and QUÉBEC, April 16, 2025 — Zynext Ventures USA LLC (Zynext Ventures), the venture capital arm of Zydus Lifesciences (Zydus), today announced its investment in Feldan Therapeutics (Feldan), a Canada-based early clinical-stage pharmaceutical company pioneering the development of treatments based on intracellular delivery of therapeutics.

Feldan’s proprietary Shuttle peptide technology enables the efficient and targeted delivery of biomolecules into cells, unlocking new therapeutic possibilities. The company’s lead candidate, FLD-103, is administered directly into basal cell carcinoma (BCC) lesions, where the Shuttle peptide facilitates the delivery of a Hedgehog inhibitor to its target within BCC cells. This innovative approach aims to provide BCC patients with a non-surgical treatment option that improves outcomes and significantly enhances their quality of life. Additionally, Feldan is advancing a pulmonary program that leverages the Shuttle’s unique ability to transport biomolecules into hard-to-deliver lung cells to address the unmet and growing medical needs of patients with respiratory diseases.

Speaking on the development, Dr. Sharvil Patel, MD of Zydus Lifesciences, said, “At Zydus, we are committed towards advancing the development of novel therapeutics to addressing critical gaps in healthcare through innovation. We are pleased to support Feldan in exploring a potentially safe and targeted option for patients with dermatological and pulmonary disease and help them lead a better quality of life.”

Jay Kothari, Director of Zynext Ventures, highlighted, “Feldan’s platform has the potential to transform intracellular delivery and pioneer next-generation therapeutics, aligning with the disruptive innovations we aim to add to our portfolio.”

“This partnership with Zynext Ventures marks an exciting step forward in our commitment to improve patients’ quality of life and address critical drug delivery challenges,” said François-Thomas Michaud, CEO of Feldan Therapeutics. “With Zynext Ventures’ strategic expertise and shared dedication to innovation, we are well-positioned to accelerate the development of next-generation therapies.”

About Zynext Ventures

Zynext Ventures is the investment arm of Zydus Lifesciences. The venture capital firm focuses on identifying and investing in promising early-stage and growth-stage companies in the healthcare sector. Zynext Ventures provides financial support, strategic guidance, and industry expertise to its portfolio companies, helping them achieve their full potential and make a meaningful impact on the lives of patients.

For more details visit: www.zynextventures.com

LinkedIn:  Zynext Ventures
Twitter:  @ZynextVentures

About Zydus

Zydus Lifesciences Ltd. with an overarching purpose of empowering people with freedom to live healthier and more fulfilled lives, is an innovative, global lifesciences company that discovers, develops, manufactures, and markets a broad range of healthcare therapies. The group employs 27,000 people worldwide, including 1,400 scientists engaged in R & D, and is driven by its mission to unlock new possibilities in lifesciences through quality healthcare solutions that impact lives. The group aspires to transform lives through path-breaking discoveries. Over the last decade, Zydus has introduced several innovative, first-in-class products in the market for treating unmet healthcare needs with vaccines, therapeutics, biologicals and biosimilars. For more details visit: www.zyduslife.com.

About Feldan

Feldan is a clinical-stage pharmaceutical company specializing in the development of treatments based on the intracellular delivery of therapeutics.  Its proprietary peptide-based technology, the Feldan Shuttle, enables the safe and efficient delivery of antisense oligonucleotides into cells, unlocking the potential for a new generation of therapies. Feldan’s lead product for BCC (FLD-103) is in a Phase 1/2a clinical trial, and the company’s pipeline expansion is focused on skin and lung diseases.

For more details visit: www.feldan.com
LinkedIn: Feldan Therapeutics

Logo – https://mma.prnewswire.com/media/2442038/Zynext_Ventures_Logo.jpg

SOURCE Zydus Lifesciences Ltd