Startup Battlefield Winner Cellino grabs $80M Series A

Cellino Bio’s founder Nabiha Saklayen didn’t initially intend to enter TechCrunch Disrupt 2021’s Startup Battlefield – it was her PR advisor who threw the startup’s name in the ring as a wildcard entry. But after a busy weekend for the team, Cellino walked away with the prize anyway. Just a few months later, Cellino has […]

Verana Health closes $150M to glean more detail from electronic health records

Verana Health, a company focused on collecting and organizing troves of medical data, announced a $150 million Series E funding round on Friday. This round comes as the company sets its sights on new types of medical data, invests in organizing traditionally messy forms of information (like physician notes) and aims to extract more usable […]

MycoWorks, making leather from fungi, closes $125M to scale production

MycoWorks, a company making a fungal-based biomaterial that can replace leather, brought in a fresh round of funding — $125 million in Series C financing — to fund a production plant for scaling the manufacture of its flagship product Reishi. CEO Matt Scullin says what his company is doing in terms of fabrics is different […]

Australia’s Fertilis raised $2M to automate IVF embryo culturing

Adelaide-based startup Fertilis is the latest to join a wave of companies worldwide that are trying to make in vitro fertilization (IVF) less stressful and more successful for patients and clinicians. Two-year-old Fertilis’s technology to automate cell culture with micro medical devices has won support from some investors. Horizons Ventures, the venture capital firm of […]

With $8M seed round, Protai leverages the proteome to speed up drug discovery

Tech is an increasingly important part of the complex drug discovery and testing process, and with advances in processing power and algorithms it is tapping new areas for analysis. Proteomics, the domain of proteins and their interactions is up next, and Protai is one startup getting to work on it after raising an $8M seed […]

Sectors where New Zealand startups are poised to win

As a remote island nation in the middle of the South Pacific, New Zealand is experiencing the stirrings of a burgeoning startup scene. The country has historically been capital-starved, but recent investments from the government and foreign investors have significantly increased access to early-stage venture capital funding. Now, certain industries are emerging as potential areas […]

How Cerebral and Alto Neuroscience embarked on an at-home clinical trial for depression

Before the pandemic forced remote work, school, and research to the forefront, decentralized clinical trials were probably on the horizon. Now, they’re here in earnest.  This week, precision psychiatry startup Alto Neuroscience and Cerebral, an online mental health provider, announced that they’ve joined forces for a decentralized Phase 2 clinical trial for Alto Neuroscience’s depression […]