Collaborative Fund

Loyal Announces $45 Million Series B Financing to Continue Development of First FDA-Approved Dog Lifespan Extension Drug for Veterinary Use

Retrieved on: 
Thursday, March 21, 2024

Loyal , a biotech company pioneering longevity drugs for dogs, today announced that it has successfully completed its Series B funding round, securing $45 million in investment.

Key Points: 
  • Loyal , a biotech company pioneering longevity drugs for dogs, today announced that it has successfully completed its Series B funding round, securing $45 million in investment.
  • View the full release here: https://www.businesswire.com/news/home/20240321591608/en/
    Dr. Ellen Ratcliff, Veterinarian and Director of Clinical Development at Loyal, with Boston, a seven-year-old Beagle mix.
  • Completing the technical effectiveness section of the conditional approval application for LOY-001’s use in large dog lifespan extension.
  • Launching the STAY study, the pivotal effectiveness study for LOY-002, in development for dog lifespan extension.

Goldhirsh Foundation Names Groundbreaking All-Female Investment Committee

Retrieved on: 
Thursday, March 14, 2024

LOS ANGELES, March 14, 2024 /PRNewswire/ -- Today, the Goldhirsh Foundation announced its new all-female investment committee—believed to be the first such investment committee at an organization of its size and scope. The committee members are: Shana Barghouti, Natasha Case, Celestine Schnugg, and Ruth Wernig.

Key Points: 
  • This new, all-female, investment committee is believed to be the first such at an organization of this size and scope.
  • "All four women on our new investment committee have proven themselves as business and civic leaders, as well as visionaries, during the course of their careers," said Tara Roth, President of the Goldhirsh Foundation.
  • The new committee – with the experience, network, and expertise they bring – further solidifies a strategic shift for the Goldhirsh Foundation's endowment.
  • Meet the members of the Goldhirsh Foundation investment committee:
    Shana Barghouti, Co-Chief Investment Officer at ReMY Investors, a multi-family investment firm based in Los Angeles.

Anthro Closes $20M Series A Financing and Completes UN 38.3 Battery Certification

Retrieved on: 
Thursday, February 29, 2024

SAN JOSE, Calif., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Anthro Energy today announced two major milestones: the closing of an over-subscribed $20M Series A financing round and completion of UN 38.3 battery certification, a key global safety standard for lithium battery transport. Collaborative Fund led the financing, with significant participation from existing investors including Union Square Ventures, Emerson Collective, and Voyager Ventures. Energy Revolution Ventures, Ultratech Capital Partners, Nor'easter Ventures, and Overlap Holdings also participated in the round. The funds will be used to build a Bay Area-based pilot production facility to commercialize and scale Anthro's advanced battery technologies.

Key Points: 
  • SAN JOSE, Calif., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Anthro Energy today announced two major milestones: the closing of an over-subscribed $20M Series A financing round and completion of UN 38.3 battery certification, a key global safety standard for lithium battery transport.
  • However, modern lithium-ion batteries face an inherent challenge: enhancing battery performance comes at the cost of battery safety and stability.
  • Today, Anthro also announced the successful completion of the UN 38.3 certification for battery cells that contain their proprietary polymer electrolyte.
  • Anthro will use the Series A financing to expand their team and build a pilot-scale production facility in the Bay Area.

Matter Neuroscience Secures $26M in Funding to Cure Unhappiness

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Matter Neuroscience, the company working to unlock a deeper understanding of happiness and well-being by providing people with personalized insights into their brain chemistry emerges from stealth mode today. Matter announced it has received $26 million in funding, initial funding seeded by Polaris Partners and a more recent round co-led by ARCH Venture Partners, Polaris Partners, and Exor Ventures, and joined by Collaborative Fund and others. With this backing, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being.

Key Points: 
  • With this backing, Matter will bolster its efforts to pioneer solutions that address the unhappiness epidemic by transforming our understanding and management of mental well-being.
  • Together with its collaboration partners, Matter Neuroscience will initiate three more clinical studies in 2024.
  • Matter also offers users access to educational materials and a lecture series on the neuroscience of happiness.
  • Matter Neuroscience was co-founded in 2019 with Ben Goldhirsh of GOOD Worldwide and the Goldhirsh Foundation, and Chris Shiflett of Faculty and Brooklyn Beta.

PhageLab Raises $11 Million to Develop Bacteriophage Solutions to Treat Bacterial Outbreaks in the Livestock Industry

Retrieved on: 
Tuesday, January 23, 2024

PhageLab will also use the funding to expand its global team, which currently has close to 100 employees across Latin America and Europe.

Key Points: 
  • PhageLab will also use the funding to expand its global team, which currently has close to 100 employees across Latin America and Europe.
  • Antibiotic-resistant outbreaks in livestock farming have been increasing, due to the high emergence rate of multidrug treatment-resistant bacteria.
  • The platform employs AI to generate “customized cocktails,” that can effectively manage pathogenic bacteria in the livestock industry and reduce antibiotic dependence.
  • PhageLab uses this library to create custom solutions in 45 days, that is safe and effective for use to eliminate livestock bacteria.

Twelve Below Announces $108m Across a Pair of New Funds for Seed and Pre-Seed Companies

Retrieved on: 
Tuesday, November 21, 2023

The firm will continue to invest in seed and pre-seed investments focusing on fintech, healthcare, energy, SMB and consumer sectors.

Key Points: 
  • The firm will continue to invest in seed and pre-seed investments focusing on fintech, healthcare, energy, SMB and consumer sectors.
  • The opportunity fund allows the firm to double down on investments in existing portfolio companies.
  • The firm was founded in 2021 by Taylor Greene, formerly a Partner at Collaborative Fund and prior to that, a Partner at Lerer Hippeau.
  • The firm is backed by a range of LPs, from large university endowments, institutional fund of funds, and large family offices.

Pontera Raises $60 Million to Help US Workers Retire Better

Retrieved on: 
Thursday, December 7, 2023

NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Pontera, the fintech company enabling 401(k) participants to receive comprehensive wealth management services by personal financial advisors, has secured $60 million in a funding round led by ICONIQ Growth. This investment raises Pontera's total funding to $160 million, reinforcing its commitment to address the widespread neglect of workplace retirement accounts held by 85 million Americans—a critical element of the U.S. retirement crisis.

Key Points: 
  • This investment raises Pontera's total funding to $160 million, reinforcing its commitment to address the widespread neglect of workplace retirement accounts held by 85 million Americans —a critical element of the U.S. retirement crisis.
  • Pontera welcomed ICONIQ Growth as a new investor in an up round with additional participation from prior investors.
  • "We are proud to support the Pontera team as they empower advisors to help their clients feel more financially secure and retire with greater wealth," said Yoonkee Sull , General Partner at ICONIQ Growth.
  • However, as over one third of workers seek professional help, financial advisors have historically struggled to manage the entirety of clients' retirement assets.

Pioneer Raises $2.9M to Help Climate Tech Entrepreneurs Unlock Billions in Federal, State and Local Funding and Incentives

Retrieved on: 
Thursday, November 9, 2023

SAN FRANCISCO, Nov. 9, 2023 /PRNewswire/ -- Pioneer , the AI-powered service for climate tech companies pursuing government incentives, today announced the close of $2.9M in seed funding led by Blue Bear Capital.

Key Points: 
  • SAN FRANCISCO, Nov. 9, 2023 /PRNewswire/ -- Pioneer , the AI-powered service for climate tech companies pursuing government incentives, today announced the close of $2.9M in seed funding led by Blue Bear Capital.
  • Founded in 2022, Pioneer combines large language models (LLMs) with process execution expertise to help climate tech companies win more non-dilutive funding more efficiently, from the vast ecosystem of government and non-governmental funding.
  • "For thousands of climate tech companies, access to non-dilutive funding can make or break their growth trajectory," said Mitko Simeonov, CEO, Pioneer.
  • "Our seed round will enable us to speed up development and serve more entrepreneurs looking to rapidly deploy and scale key climate solutions."

eMoney Advisor Presents Product Roadmap Aimed at Delivering Better Outcomes for End-Clients, Advisors and the Firms They Represent

Retrieved on: 
Monday, October 16, 2023

And we've been listening carefully to what you've been asking for and have delivered some high-impact features as a result."

Key Points: 
  • And we've been listening carefully to what you've been asking for and have delivered some high-impact features as a result."
  • Chad Porche, senior vice president of product management, and Ricky Illigasch, vice president of product management, also took to the virtual stage to detail current and forthcoming enhancements that are designed to deliver better outcomes for end-clients, advisors, and the firms they represent.
  • Firms will be able to segment clients or prospects based on desired criteria, allowing for more proactive and personalized outreach activities.
  • With new Aggregation Components, firms will be able to leverage eMoney in new ways to build customized client experiences.

Osmoses Secures $11M to Decarbonize Projected $35B Industrial Gas Separation Market with Novel Membrane Technology

Retrieved on: 
Tuesday, October 3, 2023

Osmoses will use the funding to develop commercial scale membrane modules for field deployment and establish pilot partnerships.

Key Points: 
  • Osmoses will use the funding to develop commercial scale membrane modules for field deployment and establish pilot partnerships.
  • Today’s industrial separation processes, including cryogenic processes, distillation, and solvent absorption, account for 15% of the world’s energy consumption .
  • CO2 emissions from energy combustion and industrial processes accounted for 89% of energy-related greenhouse gas emissions in 2022.
  • Osmoses can also power profitable hybrid separation system designs for low feed concentrations such as those in hydrogen de-blending and helium recovery.