VC-backed EndoStim pulls IPO

By Iris Dorbian — 2 months ago

According to an SEC filing, St.Louis, Missouri and Netherlands-based EndoStim, which focuses on treating acid reflux, has withdrawn its planned IPO. The reason given was “market conditions.” Its backers include Santé Ventures, Prolog Ventures and Vectis Healthcare & Life Sciences Fund.

Continue

IntelliCyt Corp collects $7.4 mln

By Iris Dorbian — 4 months ago

Albuquerque, New Mexico-based IntelliCyt Corp, a provider of integrated platforms to accelerate drug discovery, antibody discovery and immunology, has closed $7.4 million in new financing, which includes $5.4 million in venture financing and a $2 million debt facility. Arboretum Ventures led the venture funding round with participation from current backers Prolog Ventures, Verge Fund and New Mexico Community Capital. Oxford Finance provided the debt funding.

Continue

Benson Hill Biosystems nets $7.3 mln Series A

By Iris Dorbian — 6 months ago

Missouri and North Carolina-based Benson Hill Biosystems, an agricultural solutions provider, has raised $7.3 million in Series A funding. Middleland Capital led the round with participation from Mercury Fund, Prelude Ventures, Prolog Ventures, Alexandria Venture Investments, Cultivation Capital, TechAccel, Missouri Technology Corporation and Biogenerator. In conjunction with the funding, Scott Horner of Middleland Capital and Dan Watkins of Mercury Fund have been added to Benson Hill’s board of directors.

Continue

Rally4 buys mGive

By Luisa Beltran — 7 months ago

Rally4 said Tuesday that it has acquire mGive, which also received additional funding from Prolog Ventures. Financial terms weren’t announced. Denver-based mGive provides a mobile fundraising platform for nonprofit organizations.

Continue

VC-backed AirXpanders snags $7 mln from GE Capital

By Iris Dorbian — 2 years ago

AirXpanders has received a $7 million credit facility from GE Capital. Based in Palo Alto, Calif., AirXpanders is a tissue-expansion company focused on breast cancer reconstruction. It is backed by Vivo Ventures, GBS Venture Partners, Prolog Ventures, Heron Capital and Shalon Ventures.

Continue

AirXpanders Secures Series D Round

By Angela Sormani — 4 years ago

AirXpanders, a company developing technology to address unmet needs for patients who require tissue expansion for breast reconstruction surgery, has secured $10 million in Series D financing. The round includes $7 million from new investor Vivo Ventures and $3 million from existing investors GBS Venture Partners, Prolog Ventures, Heron Capital and WTI. PRESS RELEASE AirXpanders […]

Continue

VC-Backed Nexus Dx Adds Nemmers to Board

5 years ago

San Diego-based Nexus Dx Inc. has named Joseph Nemmers Jr. to its board of directors. Nemmers is the principal in a private consulting practice specializing in the pharmaceutical and medical device industries, and serves as an advisor to Warburg Pincus . Nexus is backed by investors including Bay City Capital, Kleiner Perkins Caufield & Byers, Prolog Ventures and Warburg Pincus.

Continue

Medical Device Startup Veniti Lands $13.5 Million Series A

By PEHub Administrator — 5 years ago

Veniti, a Saint Louis-based medical device company, has raised a $13.5 million Series A round led by Baird Venture Partners, H&Q Healthcare Investors, and H&Q Life Sciences Investors. Veniti develops devices for treating venous disease, including a stent system. Its first products are expected to be available later this year, according to the company. PRESS […]

Continue