Eight Roads Ventures

Canoe Intelligence Raises $25M Series B Funding to Transform the Alternative Investment Data Ecosystem

Retrieved on: 
Wednesday, February 8, 2023

NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Canoe Intelligence (“Canoe”) , the financial technology company powering alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms, today announced the completion of its $25M Series B financing round.

Key Points: 
  • NEW YORK, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Canoe Intelligence (“Canoe”) , the financial technology company powering alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms, today announced the completion of its $25M Series B financing round.
  • “Following a year of significant growth and progress for Canoe, we are thrilled to partner with F-Prime and Eight Roads to advance Canoe’s capabilities for the alternative investment ecosystem,” said Jason Eiswerth, CEO of Canoe Intelligence.
  • As the asset class grows, a standardized technology for managing alternative investment documents and data is necessary for optimized investment decision-making.
  • Not only has it greatly increased efficiency, but it has also improved the accuracy and completeness of alternative investment data.

Coho AI Secures $8.5M Seed Funding to Accelerate SaaS Companies Growth by Seizing the Potential of Product Usage Data

Retrieved on: 
Thursday, January 12, 2023

The funding round allows Coho AI to further build its platform that accelerates growth for B2B SaaS companies by effectively “lifting the hood” on their customer usage data.

Key Points: 
  • The funding round allows Coho AI to further build its platform that accelerates growth for B2B SaaS companies by effectively “lifting the hood” on their customer usage data.
  • Coho AI helps foster a future of product-led growth by putting data at the forefront of decision-making.
  • SaaS products give businesses access to more data than ever, but most companies struggle to leverage it properly.
  • Coho AI puts a spotlight on product usage data, showing that it can, and should, be utilized throughout the customer journey to maximize growth.

ABK Biomedical Raises USD 30M in Series C Financing

Retrieved on: 
Tuesday, December 6, 2022

HALIFAX, NS, Dec. 6, 2022 /PRNewswire/ - ABK Biomedical, Inc. , an innovative medical device company dedicated to the research, development, and commercialization of advanced imageableembolic therapies, today announced an oversubscribed USD 30 million Series C financing.

Key Points: 
  • HALIFAX, NS, Dec. 6, 2022 /PRNewswire/ - ABK Biomedical, Inc. , an innovative medical device company dedicated to the research, development, and commercialization of advanced imageableembolic therapies, today announced an oversubscribed USD 30 million Series C financing.
  • The round is co-led by new investors Sant Ventures and a significant, undisclosed MedTech strategic investor.
  • ABKBiomedicalwilldirect thefundingtoseek FDA IDE approval to execute their Eye90 microspheres Route90 US pivotal trial and continue their clinical development programs.
  • "We have made tremendous progress at ABK over the past three years," said Mike Mangano, President and CEO of ABK Biomedical.

Elucidata Raises $16 Million Series A to Reimagine AI Infrastructure for the Life Sciences Industry

Retrieved on: 
Tuesday, September 27, 2022

Elucidata's platform Polly, enables pharmaceutical and diagnostic companies to adopt a data-centric approach for successful AI/ML initiatives.

Key Points: 
  • Elucidata's platform Polly, enables pharmaceutical and diagnostic companies to adopt a data-centric approach for successful AI/ML initiatives.
  • Used by leading life sciences companies on over 2.5 million biomolecular datasets, Polly leverages proprietary Bio-NLP technology to rapidly curate biomedical data with human-levels of accuracy, making it machine learning-ready (ML-ready).
  • Elucidata sees the era of AI as one in which life sciences companies leverage the benefits of AI.
  • In May this year, Eight Roads launched its first dedicated US$250 million healthcare and life sciences fund for India.

Connexa Sports Announces the Appointment of Rohit Krishnan to its Board of Directors

Retrieved on: 
Tuesday, July 19, 2022

BALTIMORE, July 19, 2022 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (Nasdaq: CNXA) (www.connexasports.com) is pleased to announce the appointment of Rohit Krishnan to its Board of Directors. Mr. Krishnan, currently a Venture Capitalist at Unbound (www.un-bound.com), is an accomplished entrepreneur and investor across tech, software and financial services throughout the UK, Europe, US and Asia. Before Unbound, Mr. Krishnan invested in enterprise startups at Eight Road Ventures and held various leadership roles at McKinsey. He holds an MBA from London Business School and a Master’s in Applied Economics from Singapore Management University.

Key Points: 
  • Before Unbound, Mr. Krishnan invested in enterprise startups at Eight Road Ventures and held various leadership roles at McKinsey.
  • He holds an MBA from London Business School and a Masters in Applied Economics from Singapore Management University.
  • Rohit has served on the PlaySight Board for several years and is very familiar with the companys technology and the sports technology landscape.
  • With his broad global experience in high-growth technology companies, he will be a significant addition to Connexa Sports.

Health Tech Start-up Spry Secures New Investment to Further Strengthen Its Omnichannel Patient Management Platform for Physical Therapists

Retrieved on: 
Wednesday, June 22, 2022

DELAWARE, June 22, 2022 /PRNewswire/ -- Spry, an end-to-end patient and practice management SaaS platform for physical therapists, today announced that it has successfully completed a new round of funding to accelerate its mission to build the future of practice management for physical rehabilitation. With this new round, the company has raised over US $10 million to date. The round was led by Eight Roads Ventures, with participation from F-Prime Capital and existing investor, Together Fund.

Key Points: 
  • "With our 25 member strong team, we have been able to build a new-age, reliable andtrustworthy platform to enable physical therapists to manage an omnichannel practice andimprove the quality of patient care.
  • Founded in 2021 by Ola's former chief technology officer, Brijraj Bhuptani, and RiyazRehman, Spry aims to democratize the accessibility and affordability of movement healththrough its full-stack digital health platform.
  • Theplatform supports a clinic's end-to-end operations, from patient intake to scheduling, communication, assessments, electronic medical records ('EMR'), revenue cyclemanagement,homeexerciseplans,adherencetracking andpatientlifecycle management.
  • Many physical therapists arealso setting up their own private practices, giving them increased autonomy and the ability topersonalizetreatment.

Noogata Closes $16 Million Series A to Make AI Analytics Accessible

Retrieved on: 
Tuesday, April 12, 2022

NEW YORK and TEL AVIV, Israel, April 12, 2022 /PRNewswire/ --  Noogata, a global leader in no-code artificial intelligence (AI), announced today that it has closed $16 million in Series A funding led by Eight Roads, the global venture capital firm, with participation from Allon Ventures. The latest investment will help Noogata fuel rapid growth and accelerate its vision to enable any business user to make data-driven decisions leveraging AI. To date, this brings the company's total funding to $28 million, with the seed investment made by Team8 and Inference Partners.

Key Points: 
  • The latest investment will help Noogata fuel rapid growth and accelerate its vision to enable any business user to make data-driven decisions leveraging AI.
  • To date, this brings the company's total funding to $28 million, with the seed investment made by Team8 and Inference Partners.
  • This includes extending integrations with a growing list of datasets from Amazon, direct to consumer, and Google to the platform, as well as expanding the range of solutions (AI blocks) that Noogata offers.
  • Noogata delivers the benefits of best-in-class AI for maximum business impact without the complexity and costs of having to develop or maintain your own models.

Doceree Closes $11 Million Series A Funding Round Led by Eight Roads Ventures

Retrieved on: 
Thursday, April 7, 2022

PARSIPPANY, N.J., April 6, 2022 /PRNewswire/ -- Doceree Inc, the first global network of physician-only platforms for programmatic messaging, today announced the completion of $11 million Series A funding round led by Eight Roads Ventures, a global investment firm backed by Fidelity. F-Prime Capital and Alkemi Growth Capital also participated in the round. 

Key Points: 
  • PARSIPPANY, N.J., April 6, 2022 /PRNewswire/ --Doceree Inc, the first global network of physician-only platforms for programmatic messaging, today announced the completion of $11 million Series A funding round led by Eight Roads Ventures, a global investment firm backed by Fidelity.
  • Currently, Doceree is working with eight of the top 10 global pharma brands and the company currently engages more than 1 million HCPs across the globe.
  • "Doceree is transforming the way digital interactions between pharmaceutical brands and prescribers are facilitated," says Ashish Venkataramani, Partner, Eight Roads Ventures.
  • "Doceree has proven the ability to efficiently connect stakeholders and is well-positioned to serve the needs of the pharma industry."

Doceree Closes $11 Million Series A Funding Round Led by Eight Roads Ventures

Retrieved on: 
Wednesday, April 6, 2022

LONDON, April 6, 2022 /PRNewswire/ -- Doceree Inc, the first global network of physician-only platforms for programmatic messaging, today announced the completion of $11 million Series A funding round led by Eight Roads Ventures, a global investment firm backed by Fidelity. F-Prime Capital and Alkemi Growth Capital also participated in the round.

Key Points: 
  • LONDON, April 6, 2022 /PRNewswire/ --Doceree Inc, the first global network of physician-only platforms for programmatic messaging, today announced the completion of $11 million Series A funding round led by Eight Roads Ventures, a global investment firm backed by Fidelity.
  • "Doceree is transforming the way digital interactions between pharmaceutical brands and prescribers are facilitated," says Ashish Venkataramani, Partner, Eight Roads Ventures.
  • "Doceree has proven the ability to efficiently connect stakeholders and is well-positioned to serve the needs of the pharma industry."
  • https://fprimecapital.com/
    Eight Roads Ventures is a global venture capital firm managing $8bn of assets across offices in the UK, China, India, Japan, and the US.

Kyligence Launches Managed Services Offering for its Cloud Data Analytics Solutions

Retrieved on: 
Thursday, March 24, 2022

SAN JOSE, Calif., March 24, 2022 (GLOBE NEWSWIRE) -- Kyligence , originator of Apache Kylin and developer of the AI-augmented data services and management platform Kyligence Cloud , today announced a new remote managed services offering.

Key Points: 
  • SAN JOSE, Calif., March 24, 2022 (GLOBE NEWSWIRE) -- Kyligence , originator of Apache Kylin and developer of the AI-augmented data services and management platform Kyligence Cloud , today announced a new remote managed services offering.
  • Kyligence Managed Services provide enterprise organizations automated operation and maintenance tools, consultancy from experienced product experts, 99.9 percent SLA guarantee and 24/7/365 support.
  • A managed services offering helps organizations reduce the infrastructure and human capital costs in their data and analytics processes while increasing the productivity of their resources.
  • Founded by the creators of Apache Kylin, Kyligence Cloud provides an intelligent analytics performance layer that sits between data sources and BI tools.