Company’s Annual Recurring Revenue up more than 100 percent; Achieves 200 percent growth on a 30 percent increase in headcount since last round of funding

BOSTON and DUBLIN, April 24, 2024 — Tines, the trusted leader in smart, secure workflows, today announced $50 million in new funding as an extension to its Series B led by Accel and Felicis with participation from Addition, CrowdStrike Falcon Fund and SVCI, all pre-existing investors in the company. This financing brings the total capital raised by Tines to date to $146.2 million.

In fiscal year 2024, Tines’ Annual Recurring Revenue (ARR) grew by over 100 percent, an increase of more than 200 percent since the company’s last funding round in October 2022 with a 30 percent increase in employee headcount. The new investment will enable Tines to continue to help its customers – which range from startups to the Fortune 10 – to enhance their workflow automation capabilities by expanding its functionality for collaborative workflows across the enterprise and adding AI enhancements for ease of use.

“Tines’ mission is to power the most important workflows for companies worldwide,” said Eoin Hinchy, co-founder and CEO at Tines. “These funds allow us to double down on areas we’ve seen much success, maintain our leadership position in security, and continue our strategy to automate complex technical workflows for multiple departments across the enterprise.”

Organizations burdened by the common challenge of too much work and not enough staff risk employee burnout and costly human errors, which can impact a company’s reputation and the bottom line. With Tines, teams can unlock new levels of efficiency through a combination of workflow automation, orchestration, and AI. This funding helps further Tines’ innovation roadmap, driven by customers’ feedback, to continue to make the platform easier to use and help customers realize meaningful value quickly.

“When we led Tines’ Series A in 2019, Eoin and Thomas had spent more than a decade as security operators, experiencing the inefficiencies and tedious manual tasks faced by teams everywhere firsthand,” said Luca Bocchio, partner at Accel. “The Tines team is now going after the broader opportunity of powering the most important and mission critical workflows for global businesses. We believe Tines represents the future for workflow automation in security and beyond and we look forward to the journey ahead.”

“Tines is a once-in-a generation platform that increases the efficiency of all the products it touches,” said Jake Storm, partner at Felicis. “The company has demonstrated phenomenal execution since we first invested in 2022, driven by intense customer love and a product that provides real value.”

The near-term strategy for Tines is to continue addressing the demands of large-scale operations for global enterprises, federal government and public sector customers. Today’s announcement builds on Tines’ recent momentum, such as the launch of its Channel Partner Program, which doubled the number of partners in its ecosystem in 2023, the expansion of its platform’s focus to include teams throughout an organization, and its recent product innovations including the release of new AI-powered features.

Tines is hiring across all departments, including engineering, product, operations, sales and marketing. Tines has offices in Dublin, Boston and San Francisco. More information on open positions can be found at www.tines.com/careers.

Tines will be exhibiting in Booth 4519 North at the RSA Conference being held at the Moscone Convention Center in San Francisco from May 6-9.

About Tines
Co-headquartered in Dublin and Boston, Tines offers the only workflow platform that delivers powerful automation and orchestration straight into the hands of any member of your organization. Tines brings an impact-first approach to all teams, securely running thousands of mission-critical workflows per day across a diverse range of customers, including Canva, Databricks, Elastic, Kayak, Mars, McKesson and Oak Ridge National Laboratory. The company has raised $146.2M in funding to date from investors including: Felicis, Addition, Accel, Blossom Capital and Lux Capital. To learn more about Tines, visit www.tines.com. 

Media Contact:
Brianna McGarry
Bateman Agency for Tines
[email protected] 

SOURCE Tines

With its worldwide unique SaaS solution for optimized, dynamic pricing, the German-based start-up is driving revenue and margins in the after-sales business of manufacturers.

ESSLINGEN, Germany, April 23, 2024 — Just in time for its fourth anniversary, MARKT-PILOT announces the successful completion of one of Europe’s largest Series A financing rounds, led by global software investor Insight Partners with participation from existing investor Capnamic. The Esslingen-based company will use the capital to further expand its business in Europe and the US, solidifying its position as a global player in the manufacturing market.

Since its founding in 2020, MARKT-PILOT has been revolutionizing the manufacturing industry with PRICERADAR, a unique global SaaS solution for market-based spare parts pricing. PRICERADAR automatically researches prices and delivery times of spare parts and thus shows customers their competitive position and sales potential. After PRICERADAR’s success, the company launched its second product, PRICEGUIDE, in 2023 – a solution that provides optimized and validated price recommendations for customers’ spare parts portfolio.

Jessie Sheff, Vice President at Insight Partners, will join MARKT-PILOT’s board. “With its innovative software solutions, MARKT-PILOT offers manufacturing companies around the world previously unimagined potential in terms of revenue, margins, and customer loyalty. The entire industry stands to benefit from the full market transparency that MARKT-PILOT provides, and we were particularly impressed by the strong customer feedback and the company’s uncontested position in the market,” said Sheff.

Alex Morbe, CEO of MARKT-PILOT, has roots in manufacturing and knows the industry’s needs inside and out. Morbe’s focus for the future is on dynamic pricing and continuing to build close connections with customers.

“More than 100 customers have recorded a more than 20% average increase in sales of their spare parts as a result of using MARKT-PILOT’s software solution. It’s the ultimate vote of confidence in our results and the viability of our business model that one of the world’s most visionary tech investors has placed their trust in us,” said Morbe. “With the support of Insight Partners, we will continue to expand and invest in the further development of our products and AI.”

Dr. Martin Ruth, CFO of MARKT-PILOT, is also delighted with the successful Series A round and calls to (future) employees: “We are very proud of our great, highly motivated team in Esslingen, Chicago, Milan and Stockholm. Now we have the opportunity to further grow and attract more talent to our company.”

About MARKT-PILOT
MARKT-PILOT solves the biggest challenge in the service and after-sales business of machine manufacturers and enables market-oriented spare parts pricing through automated market price research. The globally unique SaaS solution is based on many years of experience in machine manufacturing and after-sales and creates full market transparency for the first time regarding the offer, prices, and delivery times of spare parts. Machine manufacturers benefit from previously untapped potential in the spare parts business, can work on data, and react proactively to market dynamics. The result: more sales and customer satisfaction. MARKT-PILOT was founded in 2020 and currently employs over 130 people. More than 100 customers are already working with the software solutions. The company is headquartered in Esslingen, Germany, and currently has three additional locations in Chicago, Milan and Stockholm. For more information, see markt-pilot.com

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2023, the firm has over $80B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

About Capnamic
Capnamic is a leading European early-stage Venture Capital firm, with offices in Cologne, Berlin, and Munich. The VC invests in outstanding teams from the German-speaking regions from Pre-Seed up to Series A. Capnamic’s investments include companies such as LeanIX (exit to SAP), Staffbase, Adjust (exit to Applovin) parcelLab or Capmo, amongst others. All portfolio companies can rely on Capnamic’s unique network of global investors and industry partners as well as hands-on support, mentoring and knowledge exchange. The vast expertise of the Capnamic team includes more than 100 investments, a high turnover of successful trade sales and IPOs, as well as a strong entrepreneurial track record within the investment team. The general partners are Christian Siegele, Christian Knott, Jörg Binnenbrücker and Olaf Jacobi. For more information, see Capmanic.com

SOURCE MARKT-PILOT

Founded in 2023, OUNO rapidly gained traction in the market, attracting early investments from notable figures such as England & Manchester United’s Mason Mount, BAFTA-winning actor Michael Ward, and Grind Founder David Abramovitch, among others. In its inaugural year, OUNO demonstrated remarkable progress, earning the trust of numerous high-end brands including Prada, Hublot, and the Soho House Group. With thousands of daily B2C users in London alone, OUNO has established itself as a leader in the executive ride-hailing sector.

OUNO’s innovative feature of vehicle specificity distinguishes it in the executive ride-hailing space. Unlike other platforms that generalize vehicle options, OUNO enables users to request specific models such as Mercedes E-Class, S-Class, V-Class, or even a Tesla for those seeking a fully electric option. With over 2,500 chauffeurs already enlisted on the platform and an additional 1,500 awaiting onboarding, OUNO has become the preferred choice for drivers in London.

TRAM VF’s investment underscores its confidence in OUNO’s growth potential and commitment to innovation. With ambitious plans for expansion into the MENA region and the US, OUNO is positioned to redefine urban transportation globally. TRAM’s leadership is excited to support OUNO’s journey as it continues to lead the London market and extend its reach worldwide.

“We’re delighted to welcome TRAM to our business and successfully close our seed round,” said Bobby Drewett, Founder of OUNO. “Having TRAM as our first VC investor will strengthen our position for future funding rounds, benefiting from their wealth of knowledge and experience.”

“The strategic expansion into the Middle East is a top priority for both TRAM and OUNO,” remarked Asad Ali, Managing Partner of TRAM VF. “As I transition from public markets to private markets, I look forward to closely collaborating with Bobby and the OUNO team. As a value-add investor, I’ll utilize Tri Ri’s global network and resources to support OUNO’s growth, particularly in key markets, and help solidify its position as a market innovator in executive transportation.”

OUNO’s innovative transportation approach, coupled with TRAM VF’s strategic investment, lays the groundwork for a dynamic partnership poised to revolutionize the travel experience. Together, OUNO and TRAM VF are set to reshape urban mobility and make a lasting impact worldwide.

SOURCE Tri Ri Asset Management

NEW YORK, April 23, 2024 — Summer Health, a digital health company offering 24/7 pediatric support to parents, announced $11.65M in Series A Funding, co-led by new investor 7wire Ventures and returning investor Lux Capital. Returning investors Sequoia Capital, Metrodora Ventures, Box Group, and Shrug Capital participated, with new participation from Pivotal Ventures, a Melinda French Gates company and Leaps by Bayer. Alfred Lin of Sequoia Capital, Deena Shakir of Lux Capital, Alyssa Jaffee of 7wire Ventures, and Chelsea Clinton of Metrodora Ventures are also joining the Summer board.

Summer Health is a text-based companion to a family’s primary pediatrician, removing the need for unnecessary visits and serving as support anytime and anywhere. The company’s flagship product, text-based care in under 15 minutes, has been used by thousands of parents to manage urgent medical guidance and seamlessly prescribe medications as-needed since its launch in July 2022. In November 2023, the company expanded its longitudinal primary care model with lactation support, sleep training, developmental milestone tracking, and long-term pediatric care.

Today, parents can buy Summer Health’s services directly from the company for $45 a month or via their employer at select businesses.

Summer Health’s clinical team is led by Dr. Ali Alhassani, MD F.A.A.P. He notes that the most common needs parents address with Summer include:

• Nutrition-related questions, including breastfeeding and the introduction of solid foods;
• Pink eye and rashes;
• Allergies and food-related sensitivities;
• Support with sleep training;
• Support following Well-Child care visits, which typically only last 6 to 8 minutes.

The Association of American Medical Colleges projects a doctor shortage of up to 86,000 physicians and that extends to pediatrics by 2036. Summer Health plans to double down on its distribution via consumer and employer channels to combat this lack of abundant access to pediatricians. The company will also continue to expand service offerings for parents. In addition to primary care, they currently offer specialty services like nutrition and child development coaching.

“Summer Health was created by parents, for parents, to make daily life just a little bit simpler. What’s so special about this group of investors is that they’re all parents, and every single one of them actively uses the product,” said Summer Health’s CEO Ellen DaSilva.

“As a pediatrician, I’ve witnessed first-hand how long parents would need to wait for appointments for their child to be seen in person,” said Dr. Ali Alhassani, head of clinical for Summer Health. “So many of these issues could be addressed from the comfort of home, and that’s why I joined Summer Health.”

Summer Health’s trusted brand has laid the groundwork for deep longitudinal care for all families. On a personal note, I’ve been using the service since Day One and can’t imagine life without it,” said Alyssa Jaffee, general partner with 7wire Ventures. “Professionally, we are delighted to be part of Summer Health’s journey as it scales to more parents and their families, and we deeply believe in the need for more investment and innovation in pediatrics.”

“Summer Health’s growth is evidence that the company has tapped into a real and growing need,” said Deena Shakir, general partner at Lux. And “I’m proud to say that this round is being co-led by two moms of three kids and the company led by another—between us, 9 children and a lifetime of user feedback.

For press inquiries, contact [email protected]

SOURCE Summer Health

DALLAS, April 23, 2024 — Spark Spot, the forefront innovator in sustainable energy solutions, announces a groundbreaking opportunity for real estate developers and commercial property owners: streamlined accessibility to own and invest in Direct Current (DC) fast-level Electric Vehicle (EV) charging stations. With a commitment to driving the transition to electric mobility, Spark Spot’s latest initiative empowers stakeholders to embrace sustainability while capitalizing on the booming EV market, with average startup costs ranging from $620,000 to $1.2 million per location.

The landscape of real estate development and commercial property ownership is rapidly evolving, with sustainability becoming an increasingly integral component of strategic decision-making. In this transformative era, EV charging infrastructure emerges as a cornerstone of sustainable development, offering a myriad of benefits for both property owners and the communities they serve. Recognizing this paradigm shift, Spark Spot has developed a pioneering platform that simplifies the process of owning and investing in DC fast-level EV charging stations, presenting a lucrative opportunity for real estate developers and property owners to drive value and differentiation in their portfolios.

By partnering with Spark Spot, real estate developers and property owners can seamlessly integrate EV charging infrastructure into their developments, enhancing property value, attracting environmentally conscious tenants, and future-proofing their assets against evolving market trends. Moreover, ownership of EV charging stations presents a lucrative revenue stream, offering the potential for substantial returns on investment while contributing to the advancement of sustainable transportation solutions.

“With the rapid expansion of the electric vehicle market, the demand for accessible and reliable charging infrastructure is at an all-time high,” said Tyler Slater, CEO of Spark Spot. “Our platform empowers real estate developers and property owners to seize this unprecedented opportunity, providing them with the tools and support needed to capitalize on the EV revolution while driving positive environmental impact.”

Spark Spot’s comprehensive platform offers end-to-end support for real estate developers and property owners, from site assessment and feasibility studies to financing options and ongoing maintenance. Leveraging cutting-edge technology and industry expertise, Spark Spot ensures a seamless and hassle-free ownership experience, allowing stakeholders to focus on maximizing returns and delivering exceptional value to their tenants and communities.

Unlock the potential of sustainable development and capitalize on the booming EV market with Spark Spot’s revolutionary platform for owning and investing in DC fast-level EV charging stations. Join us in shaping a cleaner, greener future while driving value and differentiation in your real estate portfolio.

For more information about Spark Spot and its groundbreaking approach to owning and investing in commercial EV charging stations, please visit www.SparkSpot.com.

About Spark Spot: Spark Spot is a leading provider of solutions for commercial Electric Vehicle (EV) charging infrastructure. With a mission to accelerate the adoption of electric mobility, Spark Spot offers a revolutionary platform that simplifies the process of owning and investing in Direct Current (DC) fast-level EV charging stations, making it easier than ever for real estate developers and property owners to capitalize on the booming EV market while driving sustainable development.

Media Contact:
Shaun Hernandez
469-470-2975
[email protected]

SOURCE Spark Spot

NEW YORK, April 23, 2024 — Sustain Exchange LLC proudly announces the launch of SustainAble Exchange on Earth Day with the successful completion of a $2 million seed round funding. SustainAble Exchange is a transformative platform that empowers members to create positive change in transactions while aligning with the 17 UN Sustainable Development Goals (SDGs). This innovative initiative marks a significant leap forward in integrating ESG principles into commercial interactions and promoting sustainability on a global scale.

At the core of SustainAble Exchange lies the revolutionary concept of EnAble Tokens, which symbolize sustainable practices and values. As members generate EnAble Tokens during transactions, they contribute to the advancement of the SDGs, creating a dynamic network of companies and individuals committed to responsible business practices.

Sustain Exchange LLC is dedicated to reshaping the landscape of commerce by bridging the gap between traditional transactions and ESG considerations. By embracing the 17 UN SDGs, SustainAble Exchange aims to foster a culture of environmentally conscious consumerism and sustainable business operations.

In the words of Jon C. Ohrn, Managing Director of Sustain Exchange LLC, “SustainAble Exchange represents a fundamental shift in how we approach sustainability. By utilizing a market-based platform to document transactions and facilitate the creation, valuation and transfer EnAble Tokens, we empower individuals and organizations to drive positive change across each of the 17 UN SDGs. The SustainAble Exchange is moving beyond a reliance on government credits and mandates to shape behavior in commerce, and to market forces to drive and document positive change. This evolution allows us to harness the power of commerce to create a more sustainable and equitable future for generations to come.” 

Jeff Hallstead, Sustain Exchange LLC board member, led the financing round and brings a wealth of experience to the board of Sustain Exchange with a background in media/entertainment, finance, sustainable fashion and e-commerce as well as his ongoing work with NGOs that work to further the mission of the SDGs in Africa.

Key Features of SustainAble Exchange:

1. EnAble Tokens: Members can generate EnAble Tokens in transactions, promoting sustainability and supporting the 17 UN SDGs.
2. Network of Companies: EnAble Tokens are utilized within a network of conscientious organizations, facilitating collaboration and driving positive impact across industries.
3. Validation and Storage: EnAble Tokens are securely validated, stored, and valued within the SustainAble Exchange platform, promoting transparency and accountability.
4. Digital Wallet Integration: Member companies have the ability to integrate with a digital wallet available on consumers’ mobile devices, extending the benefits of sustainable commitments into consumer loyalty and employee benefit programs.
5. Member Portal: Corporate members record each transaction on the blockchain through a member portal, ensuring transparent and immutable tracking of sustainable actions.

Sustain Exchange’s launch of SustainAble Exchange marks a pivotal moment in the evolution of sustainable commerce. By harnessing the power of EnAble Tokens and fostering a network of companies committed to positive change, SustainAble Exchange sets a new standard for conscious consumerism. Visit our website today to learn more about how your organization can be a part of this groundbreaking initiative.

 https://www.sustainableexchange.com

For media inquiries or further information, please contact Jeff Hallstead at 310 526-3814 or [email protected].

For membership information please contact [email protected].

SOURCE Sustain Exchange LLC

REXBURG, Idaho, April 23, 2024 — Casa Shares, an SEC qualified real estate investing platform making real estate available to everyone starting at just $100, has raised $1.5 million in funding at a $10 million valuation.

Founded by former Oracle employee Mirza Beg and real estate developer McKay Francis, Casa Shares simplifies the investment process, enabling users to acquire shares in prime income properties within minutes. Beyond providing a platform, Casa Shares takes the helm in managing properties, offering investors the chance to earn passive income and benefit from property appreciation, all while sidestepping the typical hurdles of real estate investment.

Casa Shares debuts amid a booming market—projected to surge from $10.7 billion in 2024 to $300.7 billion by 2032, with a staggering 44.9% CAGR (DataHorizzon Research)—this rapid expansion is propelled by a societal shift towards convenience, diversified assets, and location freedom.

Mirza Beg, CEO and co-founder, highlights a significant problem: the exclusion of younger generations from real estate wealth-building due to skyrocketing property prices. Casa Shares aims to dismantle these barriers, offering an inclusive investment experience that is both accessible and engaging for all.

The quest for stable, inflation-resistant investment options has become more pronounced in the face of recent fluctuations in the crypto and equity markets. Real estate stands out as a coveted alternative, yet high entry costs remain a significant deterrent for many, especially first-time investors.

Casa Shares is dedicated to democratizing real estate investment, making it feasible for millions without the requisite funds, time, or knowledge to venture into property investment independently.

To date, Casa Shares has released their first offering, The Lorene, a premium condominium in Rexburg, Idaho—a fast growing college town and home to Brigham Young University – Idaho. Looking ahead, the company is set to broaden its portfolio with diverse properties and locations and is also developing an iOS app to refine the investment experience.

The round was raised by a group of private investors with a shared vision for ensuring an inclusive real estate investing ecosystem exists for future generations.

Contact: [email protected]

SOURCE Casa Shares

Industrial software company secures $12 million Series A funding round led by Standard Investments

PORTLAND, Maine, April 23, 2024 — HighByte^®, an industrial software company, today announced its Series A funding round led by Standard Investments, a platform investing in innovative growth companies at the intersection of the digital and physical worlds. Standard Investments is leading the round with participation from existing HighByte investors, including Exposition Ventures, Maine Venture Fund, and outstanding convertible note holders. New funds will be primarily allocated across research and development, strategic partner management, and customer success to accelerate market penetration and expand deployments within existing accounts.

“HighByte’s unique Industrial DataOps platform enables data collection, analysis, and applications that can dramatically improve physical industrial operations,” said Ben Sampson, Managing Director of Standard Investments, who will join the HighByte Board of Directors. “At Standard Investments, we’re focused on investing in companies that leverage technology to shape the industrial world and we’re excited to partner with HighByte in its next stage of growth.”

DataOps is the orchestration of people, processes, and technology to securely deliver trusted, ready-to-use data to all the systems and people who require it. As top-performing manufacturers and other industrial companies gather increasing amounts of data from their operations, Industrial DataOps has become an essential approach for using that data to improve efficiency, increase security, and reduce costs throughout the company and its supply chain. According to Gartner^®, DataOps is a $3 billion emerging technology market driven by a significant demand among data and analytics leaders to address their growing data infrastructure complexity.

HighByte has developed a unique Industrial DataOps software solution, HighByte Intelligence Hub, that enables manufacturers to merge, prepare, and deliver modeled industrial data to and from IT systems without writing or maintaining code. Curating and contextualizing data at the edge is foundational to the success of advanced analytics and adoption of large language models in manufacturing. First released in 2020, HighByte Intelligence Hub has now been deployed in 18 countries by more than 60 industrial companies with multi-plant facilities.

“In 2023, we tripled ARR for the third consecutive year and proved product-market fit across a wide variety of vertical markets,” said HighByte CEO Tony Paine. “Building off that success, we plan to further invest in the business to support growing customer demand, expand our global partnerships, and recruit additional talent to remain innovative, agile, and responsive to market requirements. This investment validates our mission and will be essential for the next stage of our growth.” 

HighByte was established in 2018 by a founding team with more than 50 years of deep domain experience in industrial data as alumni of Kepware, including Tony Paine who served as CEO of Kepware from 2009 to 2016 and led the sale of Kepware to PTC in 2016. As of the date of this release, HighByte has raised a total of $16.5M in equity funding.

Additional Resources

About HighByte
HighByte is an industrial software company in Portland, Maine USA building solutions that address the data architecture and integration challenges created by Industry 4.0. HighByte Intelligence Hub, the company’s award-winning Industrial DataOps software, provides modeled, ready-to-use data to the Cloud using a codeless interface to speed integration time and accelerate analytics. Learn more at https://www.highbyte.com/.

About Standard Investments
Standard Investments is a fundamentally driven investment platform focused on the intersection of industry and technology. Standard Investments deploys capital flexibly and creatively across the public and private markets, spanning the life cycle of a company, and leverages its deep industrial knowledge and operational experience to create value. To learn more, visit standardinvestments.com.

HighByte is a registered trademark of HighByte, Inc. 

Disclaimer: Gartner, Market Guide for DataOps Tools, Robert Thanaraj, Sharat Menon, Ankush Jain, 5 December 2022

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. 

Media Contact
HighByte
Torey Penrod-Cambra
Chief Communications Officer
+1 844.328.2677 x701
[email protected]

SOURCE HighByte

BOSTON, April 23, 2024 — Red Arrow Therapeutics Inc. closed a $4.5M Seed Extension round, raising from four, top-tier institutional investors in Japan.

Participants of this round are:

• Beyond Next Ventures Inc.
• The University of Tokyo Edge Capital Partners Co., Ltd.
• Keio Innovation Initiative, Inc.
• OSAKA University Venture Capital Co., Ltd.

This boosts the accumulative funding raised by Red Arrow Therapeutics to nearly $5.5M, along with previous funding from The University of Tokyo Edge Capital Partners Co., Ltd., University of California, Berkeley’s accelerator SkyDeck , and other non-dilutive funding.

Emerging from the University of Tokyo’s Cabral Lab in 2021, Red Arrow Therapeutics Inc. develops pH-sensing nanomedicine drug delivery technologies for multiple therapeutic areas such as oncology. Headquartered in Boston, Massachusetts, the company is committed to delivering cutting-edge technology for patients in need worldwide.

The Seed extension round will allow Red Arrow Therapeutics to obtain key preclinical data on safety and efficacy of their lead compound, IL-12-loaded nanopolymeric micelles. The funding will also enable manufacturing initiation in collaboration with external partners.

Red Arrow Therapeutics, Inc.

Founders: Takuya Miyazaki, Ph.D. , Horacio Cabral, Ph.D., and Rika Tajima, MPH

Founded Date: August 19, 2021

Address:

• US Headquarters: 1 Broadway 14F, Cambridge, Massachusetts 02142
• JP Office: Toranomon Hills Business Tower 1-17-1 Toranomon, Minato City, Tokyo 105-6490

Website: https://redarrowtx.com/

Contact: https://redarrowtx.com/contact/

Rika Tajima
[email protected]  

SOURCE Red Arrow Therapeutics Inc.