AMSTERDAM, Feb. 2, 2023 — GNX, a leading provider of global internet and private data connectivity solutions with offices in Amsterdam, New York and Manilla, announced today that it has secured growth funding from Lexar Partners, a technology focused Dutch investment firm. The funding will be used to further accelerate GNX’s expansion in the growing dynamic global connectivity market.
“We are thrilled to announce Lexar Partners as our strategic partner and lead investor,” said Rutger Bevaart, CEO and co-founder of GNX. “As global enterprises increasingly embrace digital transformation, GNX is best positioned to support their efforts with our internet, private, and cloud connectivity solutions. The growth funding and expertise that Lexar brings will be key as GNX scales and expands its global reach.”
“Having Lexar Partners as our lead investor will allow us to accelerate the development and roll-out of our digital platform called LARA®, which will be a driving force for GNX in the growing market of global internet access, private connectivity and cloud integration services” said Rick Mur, CTO and co-founder of GNX.
“GNX is at the forefront of digitizing the global connectivity market,” said Sander van Woerden, founding partner of Lexar Partners. “Their expert team has a proven track record of delivering high-quality solutions to customers and we are thrilled to be a part of their exciting growth story.”
With this funding, GNX plans to increase investment in research and development, to further improve its products and services and expand its sales and marketing efforts to reach more customers globally.
About GNX
GNX is a leading provider of global connectivity solutions and is developing and operating LARA®, the data platform that enables customers to manage their global connectivity needs via a unique do-it-yourself approach. GNX is dedicated to empower global enterprises with innovative and reliable connectivity solutions to drive their digital transformation. With a commitment to excellence and customer satisfaction, GNX strives to be the leading provider of internet, private, and cloud connectivity services in the world.
Lexar Partners is an investment firm based in Laren, the Netherlands that provides growth capital to leading innovative software, technology and e-commerce businesses. Lexar Partners was formed in 2022 by Max van de Blaak and Sander van Woerden, who each have over 15 years of experience in entrepreneurship and the investment industry. Since inception, Lexar Partners has formed partnerships with businesses that are involved in the technology, e-commerce and digital transformation of mental healthcare, education and fitness industries.
LEXINGTON, Ky., Feb. 2, 2023 — SalesRiver, an enterprise sales enablement platform for distributed sales teams, announced today that it has secured a $3.95mm Series A investment led by Mucker Capital.
SalesRiver is a sales enablement platform serving enterprises spanning a broad portfolio of industries including all forms of insurance, mortgage, financial services, real estate, and home services. This first-of-its-kind platform expands organizational capabilities in four areas of the sales process: customer acquisition, lead and call routing, performance insights, and sales team management. Most noteworthy are SalesRiver’s intelligent lead and call routing based on flexible criteria, granular sales performance visibility within team hierarchies, and management of funding allocations throughout those hierarchies to improve marketing ROI at scale. All of this functionality is housed within a private-labeled platform branded uniquely to each customer.
Leadrilla, which was founded in 2019 and currently serves over 20,000 licensed insurance agents in the US, is powered by the SalesRiver platform. As Leadrilla continues to serve new and existing customers, SalesRiver is bringing its all-in-one software solution to enterprises around the globe.
“We are thrilled to have Mucker Capital on board,” said Koby Hastings, Founder & CEO of SalesRiver. “Their experience and knowledge in the enterprise software space will be invaluable as we continue on our mission of helping organizations improve their sales performance at scale. This capital will be fuel to accelerate growth at SalesRiver – expanding our product offerings for new and existing customers, as well as growing our team of experts in engineering, sales, and marketing.”
“We’re excited to partner with SalesRiver and help them scale their business. Their comprehensive platform is a game-changer for organizations with distributed sales teams, offering full visibility into performance metrics, advanced lead routing capabilities, and improved marketing ROI,” said Omar Hamoui, Partner at Mucker Capital who has joined the board of directors at SalesRiver.
About SalesRiver As an enterprise sales enablement platform for distributed sales teams of any industry, SalesRiver provides keys to success for growth-oriented sales organizations. SalesRiver’s platform brings data-driven insights plainly into focus at each stage of the sales process, improving companywide performance at scale beginning with each salesperson. SalesRiver is headquartered in Lexington, KY. For more information visit SalesRiver.com.
GAITHERSBURG, Md., Feb. 2, 2023 — Employment and labor law compliance technology company VirgilHR announced the closing of $1.5M in pre-seed funding with backing from Squadra Ventures, Techstars, SHRMLabs, and TEDCO. Through its web portal and integrated smart chatbot, VirgilHR surfaces the right information and regulatory requirements for HR professionals to make informed employment and labor law decisions in the moment. VirgilHR serves as a “real-time legal guide by their side,” enabling HR directors and managers to make compliant decisions with confidence, quickly, accurately, and with research-backed credibility.
With over a decade of experience leading Human Resources at companies ranging from high-growth tech startups to public companies, CEO Jocelyn King realized the massive opportunity to simplify the employment and labor law landscape for HR practitioners.
“As an HR professional, there is nothing more frustrating than Googling requirements and never feeling like you have enough information to make the right decision. I would watch my team spend hours doing this and hear the same frustration from colleagues and peers over and over again,” said King.
“Complying with thousands of ever-changing federal, state, and local employment and labor laws has been an impossible task — but it doesn’t have to be anymore. HR teams need to be in the know, without burdened by endless research. With VirgilHR, we help HR teams automate this process, reduce the need for research, and, in many cases, the need to speak with an attorney.”
VirgilHR has been purpose-built to simplify the employment and labor law decision-making process so that HR leaders feel confident and supported on a day-to-day basis. HR teams engage with VirgilHR’s automated chatbot to acquire fast, prescriptive employment and labor law guidance to make compliant decisions with ease. No matter the level of complexity.
The platform already includes compliance guidance modules and content around Leave, Wage and Hour, EEO, ADA, and Pay Equity, with upcoming modules including Job and Worker Classification, New Hire Documentation, Offer Letters, and Non-Compete and Restrictive Covenants. Designed for individual HR professionals and teams with digital collaboration needs, platform subscriptions are customizable to organization size and employment location.
VirgilHR is backed by industry expert investors and will use the funding to continue product development through the release of new modules and increase targeted marketing efforts.
“VirgilHR is intelligently applying technology to offer agency to HR teams and employees, improving the employment environment for all stakeholders,” said Taylor McLemore, Managing Director at Techstars. “Jocelyn brings with her the people leader experience to build the solution to a persistent problem in the HR industry and in an innovative way, bring forward a new era of HR tech.”
“Jocelyn’s experience in the field has enabled her to develop a compelling product that delivers on the mission of making the working experience better for HR professionals,” said Margaret Fazlon, COO of Squadra Ventures. “She is a magnetic founder and with the right plan, product, and go-to-market strategy for the mid-market, we’re excited to support VirgilHR as they aim for liftoff.”
“As a former HR executive, Jocelyn provides unique insight into the HR profession and understands the compliance pain points HR experiences on a day-to-day basis,” said Guillermo Corea, Managing Director of SHRMLabs. “VirgilHR helps organizations mitigate risk and liability, all the while bringing greater efficiency to HR.”
VirgilHR will graduate from the Techstars Workforce Accelerator program and King will present at the program’s Demo Day on Wednesday, February 8, 2023 from 6:00-7:30 pm EST, in Denver, CO. Presentations will be in-person and aired virtually. Registration can be made at https://bit.ly/3Ju2vYI.
About VirgilHR
VirgilHR is the new evolution of HR compliance software, enabling HR professionals to spend more time on strategic objectives and less time on researching and tracking thousands of ever-changing employment and labor laws. Our mission is to help HR professionals navigate the growing employee complexities, close the knowledge gap and empower HR teams to make compliant employment decisions with ease and confidence.
These Weizmann Institute Breakthrough Discoveries of Glycosylated Cannabinoid Genes and Enzymes Expand Xinteza’s Recently Unveiled Novel Biosynthesis Platform and Strong IP Portfolio
TEL AVIV, Israel, Feb. 2, 2023 — Xinteza API Ltd., announced today the discovery, in breakthrough research led by Prof. Asaph Aharoni at the Weizmann Institute of Science, of a novel sub-set of cannabinoid-glycosylation enzymes and genes, uniquely tailored by nature to promote enzymatic fusion of sugar moieties to cannabinoid molecules, thus enabling the production of true water-soluble cannabinoids. This natural modification process eliminates the need to use liposomes or other nanoparticles that may have questionable applicability or even be hazardous to health.
Alon Gal, CEO and co-founder, Xinteza API (PRNewsfoto/Xinteza API Ltd.)
Prof. Asaph Aharoni, Head of Plant Metabolomics Lab and head Plant and Environmental Sciences Department, Weizmann Institute of Science (PRNewsfoto/Xinteza API Ltd.)
“These flavorless, odorless, colorless, immediately-impacting true water-soluble cannabinoids offer a cleaner, more sustainable and a higher quality alternative to the often smelly, bitter, brownish, oil-based products”, said Alon Gal, Xinteza’s CEO. “Moreover, our technology enables an efficient biosynthesis platform for a commercial-scale production of these active ingredients, thus unlocking the rise of the more advanced cannabinoid-based products, such as better, tastier, and more effective beverages, edibles, cosmetics, nutraceuticals, and pharmaceuticals, and this is what the industry has been looking for. We can already feel the surging need and the increasing demand for this unfulfilled yet projected next generation of true water-soluble cannabinoid products and we are already engaged in collaboration discussions with partners to join forces and turn this into reality soon”, added Gal.
Xinteza is operating in collaboration with the Weizmann Institute of Science in Israel and the Plant Metabolomics lab headed by Prof. Asaph Aharoni, and based on a license signed with Yeda, the commercial arm of the Weizmann Institute.
“This discovery of glycosylation-related genes and enzymes is a key milestone in uncovering additional aspects of the complex metabolism associated with cannabinoids, and another leap forward in our ongoing journey of discovery of biological infrastructures, molecules, modifications, and processes associated with cannabinoids, with a vast array of potential utilization and scientific implications”, said Prof. Asaph Aharoni, Xinteza’s Scientific Co-Founder and Head of the Weizmann Institute of Science Plant Metabolomics Lab and of the Institute’s Plant and Environmental Sciences Department. “Furthermore, this scientific achievement has the potential not only to disrupt the water-soluble cannabinoid market, but to advance the understanding and unveiling of much deeper mechanisms related to the biosynthesis of cannabinoids,” added Prof. Aharoni.
Cannabinoids are lipophilic in nature, meaning that they dissolve in oil-based solvents but not in water. However, there is already a significantly high demand in the market for water-soluble cannabinoids to be used in the production of cannabis-infused beverages and food ingredients, and much more is projected in all the various product categories. So far, the industry has been relying mostly on nano-emulsion technologies for the production of cannabis-infused beverages, where the cannabinoids are encapsulated in liposomes or other water-soluble nanoparticles to achieve a certain level of cannabinoid solubility. Nevertheless, a growing body of evidence shows that these nano-particles may be hazardous to health, as they do not completely break down in the body and might accumulate in different tissues and organs, thus creating a health risk.
The idea of using glycosylation, meaning the process of fusing cannabinoid molecules with sugar moieties to achieve water solubility, is not new and was suggested in the past. However, the cannabis plant itself does not possess such glycosylating enzymes, and other enzymes sourced from other plants (such as rice or stevia, for example) have shown limited activity as they were not originally tailored by nature to glycosylate cannabinoid molecules.
Xinteza API Ltd. is engaged in the discovery and development of a wide array of novel genes and enzymes, and innovative genetic pathways for the enhancement of the biosynthesis of cannabinoids and psychoactive ingredients, and their whole bio-production. Xinteza operates under an exclusive license for both cannabinoids and psychedelics from the Weizmann Institute of Science, and with the research led by Prof. Asaph Aharoni, and is diligently building an unprecedented portfolio of related IP assets and patents. Founded in 2019 and led by a team of experienced entrepreneurs, Xinteza’s strategic partners include industry players such as IM Cannabis (NASDAQ: IMCC, CSE: IMCC). Xinteza aims to revolutionize the commercial-scale synthesis of ultra-pure natural lab-made major, minor, and modified cannabinoids, and a group of key psychedelics. It focuses on making the production of innovative APIs and AIs for high-end CPG and pharma more accessible by implementing its disruptive discoveries of novel genes, genetic pathways, and molecules, by enabling the removal of bottlenecks, efficiency enhancement, and boosting natural production processes.
About Yeda
Yeda Research and Development Company Ltd. is the commercial arm of the Weizmann Institute of Science. Yeda currently manages approximately 500 unique patent families and has generated the highest income per researcher compared to any other academic technology transfer operation worldwide. Through the years, Yeda has contributed the commercialization of a number of groundbreaking therapies, such as Copaxone, Rebif, Tookad®, Erbitux®, Vectibix®, Protrazza®, Humira®, and recently the CAR-T cancer therapy Yescarta®.
About the Weizmann Institute of Science
The Weizmann Institute of Science in Israel is one of the world’s top-ranking multidisciplinary research institutions. Noted for its wide-ranging exploration of the natural and exact sciences, Weizmann Institute’s scientists are advancing research on the human brain, artificial intelligence, computer science and encryption, astrophysics, and particle physics, and are tackling diseases such as cancer, while also addressing climate change through environmental, ocean, and plant sciences.
The company announces initial investment of 2.5 million with an additional estimated $3.3 million expected over 5 years
CHARLOTTE, N.C., Feb. 2, 2023 — Conterra Ultra Broadband Holdings, Inc. (“Conterra Networks”) today announced its continued investment in fiber network growth across Angelina County with its initial investment of $2.5 million investment and an additional estimated $3.3 million expected over 5 years.
Conterra Networks designs and builds its 100% fiber network with symmetrical service, speeds of up to 10 Gbps, and 99.99% network reliability. The local team manages the all-fiber network, which is now available to approximately 608 Angelina County businesses and growing.
“The communities we serve by investing in local network infrastructure continues to be a top priority for us,” said Craig Gunderson, President and CEO of Conterra Networks. “This investment is critical to the growth in Angelina County. With the ever-increasing business connectivity requirements, we are always committed to enabling limitless communications opportunities for our customers by providing access to custom-designed, ultra-high-capacity broadband networks.”
Conterra Networks is expanding and investing in communities in Texas, including Nacogdoches, Kilgore, Tyler, Marshall, Longview, and Henderson. The expansion is part of the company’s growing network infrastructure across the United States. To date, Conterra Networks has 15,000 fiber miles, 2,700 schools served, and over 8,000 on-net locations.
To learn more about Conterra Networks and the expansion efforts in Texas, visit www.conterra.com
About Conterra Networks
Founded in 2001, and now operating 15,000 fiber miles, Conterra Networks is one of the largest remaining independent broadband infrastructure companies in the United States based on its optical fiber and fixed wireless network assets and annual recurring revenues. The company is owned by affiliates of APG and Fiera, along with significant participation by the company’s senior management team. For more information about Conterra Networks, please visit www.conterra.com.
Fund is largest first-time female-owned venture fund outside of the coasts
CHICAGO, Feb. 2, 2023 — Buoyant Ventures, an early-stage venture fund investing in digital solutions to climate risk, has announced the close of its debut fund with $76 million in commitments with an additional $5.7 million raised in co-investments, making the fund’s total assets under management $81.7 million. According to Pitchbook, this is the largest first-time female-owned venture fund outside of the coasts.
Investor participation includes leading limited partners Microsoft Climate Innovation Fund, Xcel Energy, Bank of America, NiSource, WovenEarth Ventures, and the Office of the Illinois State Treasurer. Investors also include leading tech general partners, energy companies, software entrepreneurs, and impact investors.
While this flagship fund is Buoyant’s first, it is led by experienced investors and entrepreneurs. Amy Francetic, co-founder and managing general partner in Chicago, has more than 15 years of investment expertise. She was the founding managing director, raising $165M at Energize Ventures. She was also the founding CEO of Clean Energy Trust and has been a board member and CEO of high-growth companies. Allison Myers, co-founder and general partner in Denver, is a former Accenture Strategy executive with deep domain expertise in energy, mobility, built environment, and digital transformation strategies. She is a founding board member for Michigan Climate Venture at the University of Michigan.
“Buoyant is investing in companies across a broad set of industries that can deliver near- term solutions to climate change. Having founded and run several companies and another venture fund, we understand the positive impact entrepreneurs can bring to the table and what motivates them,” said Amy Francetic, managing general partner, Buoyant Ventures. “As a 100% woman-owned firm, we seek to support founders who may have been traditionally under-represented. We strive to be a trusted partner to our CEOs and the most helpful investor in the boardroom.”
“Digital technologies will play a vital role in identifying and mitigating the risks associated with climate change. Buoyant Ventures is investing in climate intelligence tools to help industries manage the climate transition. Microsoft’s Climate Innovation Fund is proud to invest in this vision,” said Brandon Middaugh, director, Microsoft Climate Innovation Fund.
Leveraging artificial intelligence, and satellite data and data analytics helps pave the way for more complicated scientific breakthroughs that can take years to mature. The Buoyant Fund is focused on seed and Series A opportunities and has made nine investments to date: Raptor Maps (optimization software for utility-scale solar); StormSensor (software and hardware to manage urban flood risk); SupplyShift (software to measure ESG metrics in global supply chains); FloodFlash (parametric flood insurance); Shifted Energy (demand response software for residential energy load); Audette (decarbonization software for commercial real estate); ReelData (software to optimize land-based aquaculture production); Beni (software to streamline secondhand clothing shopping); and Canopy (climate benefits software for employee decarbonization).
“As national leaders in the clean energy transition, we know cutting-edge technology will play a crucial role in our vision to deliver 100% carbon-free electricity to customers,” said Bob Frenzel, chairman, president and CEO of Xcel Energy. “This venture fund will help bring innovative digital technologies to the forefront in Colorado and all the states we serve so we can continue building a resilient energy system that provides customers with safe, reliable and sustainable energy.”
“There is an urgent need for innovative solutions that help us adapt to climate change and mitigate its worsening impacts,” said Allison Myers, general partner, Buoyant Ventures. “By focusing on digital solutions that rapidly can be deployed and scaled, we see our investments accelerating the effort to tackle some of the most pressing challenges of our time and put us on the path towards a sustainable future.”
“The Buoyant team has deep expertise in energy transition and supporting ambitious startups tackling existential climate issues. They have been invaluable in connecting us with financiers and asset owners in the utility-scale solar ecosystem, so we can power their digital transformations and build and maintain more solar assets,” said Nikhil Vadhavkar, CEO and co-founder of Raptor Maps.
The fund’s investment focus areas include energy, mobility, agriculture, water, circular economy, and the built environment.
About Buoyant Ventures
Buoyant Ventures is a female-led venture fund investing in entrepreneurs using digital technology to mitigate and adapt to climate change. Buoyant invests in startups leveraging software and simple hardware to address climate change across the energy, mobility, agriculture, water, circular economy, and the built environment industries.
In a round led by Left Lane Capital, AnswersNow secures capital to provide more families with access to expert-level autism support.
RICHMOND, Va., Feb. 2, 2023 — AnswersNow, the next-gen platform for digital Applied Behavior Analysis (ABA) with a mission to deliver high-quality, personalized therapy to all, today announced it has closed $11 million in Series A financing. The round was led by Left Lane Capital, a venture capital and growth equity firm that invests in high-growth internet and consumer technology businesses. Additional backing was provided by new and existing investors, including American Family Institute for Social Impact, Blue Heron Capital, Difference Partners, and former Kadiant CEO Lani Fritts.
AnswersNow will use the funding to expand the reach of its ABA therapy services into more states across the U.S., to grow its skilled team of PhD and Master’s-level clinicians, and to improve the user experience of its interactive virtual platform.
“One of the most significant pain points for families of individuals with autism, ADHD and other developmental disabilities is access to quality care. AnswersNow is changing that with our approach and our virtual platform,” said Jeff Beck, AnswersNow CEO and Co-founder. “This latest round of funding enables us to impact the lives of more families, many of whom have been sitting on waitlists for months, or who live in areas where there’s not even one board-certified clinician. With no waitlist and a robust team of PhD and Master’s-level clinicians on-hand, we can quickly connect families to individualized, effective therapy from the safety and comfort of their homes.”
Henry Toole, at Left Lane Capital said, “AnswersNow challenges the status quo by providing high-touch, quality virtual care for people diagnosed with autism. They’ve already helped individuals reach incredible milestones across their communication, self-care and behavior skills. We are thrilled to partner with the team at AnswersNow to help them redefine how care is delivered to families across the U.S., especially in areas that lack access to high-quality care.”
Founded in 2017, AnswersNow pairs families with a dedicated clinician for behavioral therapy sessions hosted on its custom-built virtual platform. The platform was designed with the help of clinicians to mirror the controlled environment of an in-person therapy experience. It uses special screen features that eliminate distractions and integrated activities focused on things like memory and recognition to engage clients in their care. In 2022 alone, the platform enabled the company’s clinical team to facilitate 10,000+ hours of therapy.
In a recent feedback survey, 96% of AnswersNow parents and caregivers reported seeing improvements in their family members’ behavior and or language skills, and 100% said they were satisfied with their care. This funding will allow AnswersNow to develop more features that will further enhance the effectiveness and ease of its virtual care delivery.
AnswersNow currently employs a network of clinicians from across the country, and partners with the nation’s leading health insurers, including Medicaid, United Health Care, Aetna, Cigna, Anthem and Blue Cross Blue Shield.
“Our mission at AnswersNow has always been to make the world as big as possible for the individuals we serve,” said Jeff. “We’re thrilled to be collaborating with Left Lane Capital and a group of investors who clearly understand that mission and are committed to expanding access to care.”
ABOUT ANSWERSNOW: AnswersNow is transforming the autism therapy experience for families by increasing the immediacy, accessibility and quality of care through our personalized virtual ABA therapy. In 2022, our proprietary digital platform enabled our network of PhD and Master’s-Level clinicians to facilitate 10,000+ hours of therapy to families in Georgia and Virginia. For more information, please visit www.getanswersnow.com.
ABOUT LEFT LANE: Left Lane Capital is a New York-based global venture capital firm investing in high-growth internet and consumer technology companies. Left Lane’s mission is to partner with extraordinary entrepreneurs creating category-defining businesses fundamental to the human condition and spirit. Previous investments include GoStudent, Masterworks, M1 Finance, Tovala, FightCamp, Wayflyer, Blank Street, and more. For more information, please visit www.leftlanecap.com.
Accelerate the overseas expansion of Japanese technology startups and create unicorns from Japan.
TOKYO, Feb. 2, 2023 — Alternative Capital Investment Limited (President & CEO: Reijiro Samura, Headquarters: Chiyoda-ku, Tokyo, hereinafter “AIC”) has made capital commitment to GHOVC Fund I Investment Limited Partnership (“GHOVC Fund I”) that is managed by Global Hands-On VC Kabushiki Kaisha (Managing Partner: Ken Yasunaga, Headquarters: Shibuya-ku, Tokyo, hereinafter “GHOVC”).
AIC is currently launching a “Strategic Investment Program” to invest in unique fund managers that are expected to grow in the future. In order to serve as a bridge between these fund managers and institutional investors, AIC will not only make investment commitments but also support the activities of fund managers so that they can attract funds from institutional investors in the future.
GHOVC invests in Japanese technology startups, helps its invested startups build management and technical talent from a global talent pool, optimize their product-market fit, and raise funds from global VCs and CVCs. For a Japanese startup to maximize its global potential, and thereby reach its best return on investment, it needs to look beyond the domestic Japanese market for customers, talent, and strategic partnerships.
GHOVC Fund I has received approximately 5 billion yen commitment from Sojitz Corporation, Sompo Light Vortex Corporation, and SunBridge Corporation. We will raise money and raise funds.
GHOVC was established by two Japanese and three American partners, who are successful entrepreneurs and fund managers. The GHOVC team is experienced in founding and managing startups with global product teams and products adopted by global customers.
Comment from AIC President Reijiro Samura
GHOVC team consists of a veteran venture capitalist who has invested in technology startups in Japan and the United States for many years, a highly successful serial entrepreneur in Silicon Valley, a founding member of Oracle Japan, Salesforce Japan, and the first Japanese venture capitalist in the midas list, and a thought leader in product management who led the development of several products at Microsoft, Google, Director of the US Asia Technology Management Center at Stanford University. I think one of the challenges for the Japanese startup ecosystem is global expansion. For sustainable growth, it is necessary to actively expand overseas and expand the scale of the business. GHOVC is an excellent team that can support Japanese startups in increasing their value through global expansion and hands-on support by leveraging their rich experience. I look forward to working with GHOVC to increase the number of unicorns originating in Japan.
HOUSTON, Feb. 1, 2023 — FibroBiologics, a clinical-stage company focused on the development of fibroblast cell-based therapeutics for chronic diseases, today announced they are the fastest rising biotech offering in StartEngine’s history surpassing $1 million of new investments on the first day of its Reg CF offering. StartEngine is one of the largest equity crowdfunding platforms in the U.S., led by Activision Co-Founder Howard Marks and advised by Kevin O’Leary. StartEngine launched in 2015 with the mission to help entrepreneurs achieve their dream while enabling everyday people to access private investment opportunities. To date, over $650 million* has been raised for startups and alternative assets on the StartEngine platform from more than 1 million users.
“The support we’ve received from StartEngine has been phenomenal,” said FibroBiologics’ Founder and CEO, Pete O’Heeron. “Howard Marks and his team provided us access to a new group of investors and their support is a tribute to the breakthroughs our scientists are developing in the lab. We are focused on creating innovative treatments and cures for patients suffering from chronic diseases through our “next generation” pipeline of cell therapies.”
About FibroBiologics
Based in Houston, FibroBiologics is a cell therapy, regenerative medicine company developing a pipeline of treatments for chronic diseases using fibroblast cells. FibroBiologics holds 150+ US and internationally issued patents/patents pending across various clinical pathways, including disc degeneration, orthopedics, multiple sclerosis, wound healing, reversing organ involution, and cancer. FibroBiologics represents the next generation of medical advancement in cell therapy. For more information, visit www.FibroBiologics.com.
