Emerson Collective

Xcimer Raises $100 Million to Put Inertial Fusion Energy on Path to Commercialization

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星期二, 六月 4, 2024

It has developed an approach to fusion energy that many experts recognize as having the best long-term economics and therefore most viable commercialization prospects of any fusion approach.

Key Points: 
  • It has developed an approach to fusion energy that many experts recognize as having the best long-term economics and therefore most viable commercialization prospects of any fusion approach.
  • “This Series A financing enables us to achieve key milestones along the path to commercial inertial fusion energy,” said Conner Galloway, CEO and chief science officer of Xcimer.
  • "Xcimer has developed a game-changing approach to inertial fusion and assembled a team of the brightest minds in the industry to execute on it.
  • The DOE is also creating three inertial fusion energy hubs in the Inertial Fusion Energy Science and Technology Accelerated Research (IFE-STAR) initiative, consisting of public and private organizations and government research labs.

InduPro Announces $85 Million Series A Financing, Appoints Prakash Raman, Ph.D. as CEO to Advance Next-Generation, Proximity-Based Protein Therapeutics for the Treatment of Cancer and Autoimmune Diseases

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星期四, 六月 13, 2024

SEATTLE and CAMBRIDGE, Mass., June 13, 2024 /PRNewswire/ -- InduPro, Inc., a biotechnology company defining protein spatial relationships to create novel therapeutics for the treatment of cancer and autoimmune diseases, today announced an $85 million Series A financing co-led by The Column Group and Vida Ventures with participation from investors, including MRL Ventures Fund (the therapeutics-focused venture fund of Merck & Co, Inc.), Emerson Collective and Euclidean Capital. The financing will support the advancement of the first expected clinical product candidate targeting cancer tissue based on the proximity of co-targeted pairs, from preclinical development to an expected IND filing in Q4 2025 for a Phase 1 clinical trial. It will also fuel a pipeline of novel bispecific antibodies and antibody drug conjugates (ADCs) that utilizes protein proximity for identification of novel tumor selective target pairings.

Key Points: 
  • It will also fuel a pipeline of novel bispecific antibodies and antibody drug conjugates (ADCs) that utilizes protein proximity for identification of novel tumor selective target pairings.
  • InduPro therapeutically targets cell surface proteins in a variety of disease contexts by leveraging inherent or induced protein proximity.
  • Additionally, since protein proximity influences signals in cells that are critical for cellular health, proximity can be induced to modify cellular signaling and interactions in disease.
  • from Vida Ventures, Peter Dudek, Ph.D. from MRL Ventures Fund, Rahul Ballal, Ph.D. CEO from Mediar Therapeutics, Craig Parker CEO from Surrozen, and InduPro CEO Prakash Raman, Ph.D.

Atropos Health Raises $33M to Scale the Automation of High-Quality, Personalized Real-World Evidence Leveraging Generative AI

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星期四, 五月 23, 2024

Atropos Health is built on investment in scaling the production of high-quality, transparent, and now real-time evidence production that matches the standards of the clinical and research communities,” said Brigham Hyde, CEO and Co-Founder of Atropos Health.

Key Points: 
  • Atropos Health is built on investment in scaling the production of high-quality, transparent, and now real-time evidence production that matches the standards of the clinical and research communities,” said Brigham Hyde, CEO and Co-Founder of Atropos Health.
  • I am excited about Atropos Health and its ability to automate personalized, real-world evidence at scale for both providers and researchers,” said Spadafore, Managing Director of Valtruis.
  • Through Cencora, a leading global pharmaceutical solutions organization, Atropos Health will bring its real-world evidence platform to oncology and specialty care.
  • Now, oncologists and researchers can leverage the Atropos Evidence Network of millions of anonymized patient data converted to high-quality evidence to inform their decision-making process.

Amplica Labs Acquires AI Platform Speakeasy to Improve Civil Dialogue Online

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星期五, 四月 19, 2024

NEW YORK, April 19, 2024 /PRNewswire/ -- In a groundbreaking move designed to redefine the future of online interactions, Amplica Labs has announced its acquisition of Speakeasy's pioneering AI platform for improving digital discourse. This acquisition marks a significant step forward in addressing the pressing issues plaguing online conversations today.

Key Points: 
  • NEW YORK, April 19, 2024 /PRNewswire/ -- In a groundbreaking move designed to redefine the future of online interactions, Amplica Labs has announced its acquisition of Speakeasy's pioneering AI platform for improving digital discourse.
  • Braxton Woodham, President at Amplica Labs , emphasized the transformative nature of the acquisition, stating, "Civil dialogue on the internet is an endangered species.
  • With Speakeasy, we can not only help address the toxicity that defines much of the existing web, but also elevate online conversations through the judicious application of AI.
  • The innovative technology developed at Speakeasy and now set to be implemented by Amplica Labs is designed to transform online conversations for the better, ensuring they're more productive, engaging and meaningful for all parties."

Elemental Excelerator Launches Next Investment Opportunity at Annual Interactive Event

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星期四, 四月 11, 2024

HONOLULU and SAN FRANCISCO, April 11, 2024 /PRNewswire/ -- Elemental Excelerator, a nonprofit investor scaling climate technologies for deep community impact, announced the opening of applications for their next investment cycle from the stage at its annual Interactive event. Built on the belief that success requires more than just funding, Elemental provides a comprehensive suite of services, resources and events to drive commercial success and social impact.

Key Points: 
  • Additionally, Elemental is expanding its co-investor-network, fostering relationships with public and private funders, philanthropy and project partners to support companies as they scale.
  • During the event, Elemental highlighted the remarkable projects of several portfolio companies.
  • Elemental Excelerator invites eligible entrepreneurs with innovative climate solutions to apply for their latest investment cycle before the application deadline on May 31st.
  • If you are interested in joining the Elemental portfolio, apply now to receive preferential review for GGRF investments made this year.

Elise Smith and Heather Shen of Praxis Labs Make Inc.'s 2024 Female Founders List

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星期二, 四月 9, 2024

LOS ANGELES, April 9, 2024 /PRNewswire/ -- Inc. today announced its seventh annual Female Founders list, honoring a bold group of 250 women whose innovations are shaping the world. Elise Smith, Co-founder and CEO, and Heather Shen, Co-founder and CPO, of Praxis Labs, the leading immersive practice-based platform that drives more inclusive, engaged, & higher-performing teams, are among the select women chosen for this honor.

Key Points: 
  • Elise Smith, Co-founder and CEO, and Heather Shen, Co-founder and CPO, of Praxis Labs , the leading immersive practice-based platform that drives more inclusive, engaged, & higher-performing teams, are among the select women chosen for this honor.
  • Elise and Heather's understanding of today's business landscape and commitment to redefining leadership have positioned Praxis Labs as an essential solution for leading organizations.
  • Female Founders List amongst women who are ushering in a new era of leadership, innovation, and creativity," said Elise Smith, Co-founder and Chief Executive Officer of Praxis Labs.
  • Heather Shen, Co-founder and Chief Product Officer, added "Our mission at Praxis Labs has always been about taking action and empowering leaders to make an impact through technology."

Industry-leading Team Management App Homebase Raises $60M Series D to Fuel Innovation and Expand Product Ecosystem for Local Business Teams

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星期三, 四月 3, 2024

SAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Homebase, the all-in-one HR and team management app that helps more than 100,000 small businesses manage their hourly teams, today announces its $60M Series D financing. Led by L Catterton Growth and supported by Emerson Collective, the round also includes existing Homebase investors, Notable Capital, Bain Capital Ventures, Khosla Ventures, Cowboy Ventures, and PLUS Capital. Hot on the heels of the appointment of new CFO, Philip Moon, (formerly at Square, Grove Collective and CloudTrucks), the round will turbocharge Homebase's R&D investments in expanding its unique, fully-integrated team management ecosystem for traditionally underserved Main Street businesses.

Key Points: 
  • SAN FRANCISCO, April 3, 2024 /PRNewswire/ -- Homebase , the all-in-one HR and team management app that helps more than 100,000 small businesses manage their hourly teams, today announces its $60M Series D financing.
  • This latest round of funding enables Homebase to accelerate product investments, extending its lead as the most comprehensive product ecosystem for managing hourly work.
  • We have made a great start in this mission, bringing help to 100,000+ small business teams totaling 2M+ workers.
  • Waldmann continues: "We're excited to have investors with a deep understanding of our customers, our impact, and who share our passion for empowering incredible local business teams."

Amplica Labs Welcomes Veteran Technologist Raffi Krikorian as New Advisor Amid AI Advancements

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星期一, 三月 25, 2024

LOS ANGELES, March 25, 2024 /PRNewswire/ -- In an exciting development for the tech industry, Amplica Labs is proud to announce that Raffi Krikorian, Chief Technology Officer of Emerson Collective, is joining its advisory board. This strategic addition comes at a pivotal time as Amplica Labs continues to push the boundaries of decentralized technology to improve the social web, ensuring users have ownership of their data.

Key Points: 
  • LOS ANGELES, March 25, 2024 /PRNewswire/ -- In an exciting development for the tech industry, Amplica Labs is proud to announce that Raffi Krikorian, Chief Technology Officer of Emerson Collective , is joining its advisory board.
  • Harry Evans, CTO of Amplica Labs, added, "Having someone of Raffi's caliber on our advisory board is a testament to the groundbreaking work we're doing here at Amplica Labs.
  • Krikorian shared his anticipation for this new role, saying, "Joining Amplica Labs as an advisor is a unique opportunity to contribute to the evolution of AI in a way that truly benefits society.
  • His counsel will be vital as Amplica Labs endeavors to develop technology that acts as a catalyst for empowerment, privacy, and positive societal change.

Antora Energy Raises $150 Million to Slash Industrial Emissions and Spur U.S. Manufacturing

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星期四, 二月 22, 2024

This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.

Key Points: 
  • This financing round will enable Antora to ramp production of its factory-made thermal batteries to deliver billions of dollars of zero-emissions energy to industrial customers.
  • Antora is unlocking zero-emissions industrial energy, cheaper than fossil fuels.
  • Antora bridges the gap between renewable energy and industrial manufacturing, supplying zero-emissions heat and power to factories with batteries made in America.
  • Opening a landmark U.S.-based thermal battery manufacturing facility , where Antora will produce its thermal battery modules for the company’s first major commercial projects.

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

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星期四, 二月 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.