ZincFive Secures $13.1M In Series C Financing

ZincFive, a Tualatin, Oregon-based provider of nickel-zinc batteries and solutions, raised $13.1m in Series C funding.

The round, which brought total funding since inception to $40m, was led by 40 North Ventures with managing director Marc van den Berg joining ZincFive’s board of directors.

The company intends to use the funds to accelerate penetration into existing markets including mission critical applications in data centers and intelligent transportation, enter new high-power energy segments and geographies, invest in channel and product development, and build-out annual production capacity.

Led by CEO and Co-founder Tim Hysell, ZincFive has developed patented nickel-zinc battery technology which enables performance and safety characteristics combined with green battery chemistry offering a low maintenance, long operating life and wide operating temperature range, to make nickel-zinc batteries ideal for high power density applications. More than 150 departments of transportation across North America have now deployed the company’s nickel-zinc uninterruptible power solutions in harsh outdoor environments.

Source. FinSMEs, March 18, 2020.

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VC Deals Only: Sight Sciences Raises $30M in Series E Funding

VC Deals Only: Sight Sciences Raises $30M in Series E Funding: Sight Sciences, Inc. , a Menlo Park, CA-based growth-stage medical device company focused on ophthalmology and optometry, glaucoma and dry ...

Sight Sciences Raises $30M in Series E Funding

Sight Sciences, Inc., a Menlo Park, CA-based growth-stage medical device company focused on ophthalmology and optometry, glaucoma and dry eye disease, closed an over $30m Series E Preferred Stock financing round.

The round was led by D1 Capital Partners.

The company intends to use the funds for continued clinical and operational development and to support commercial expansion for its OMNI® and TearCare® products.

Founded in 2011 by Paul Badawi, CEO, Sight Sciences has developed, and is now commercial with products that target the underlying causes of the world’s most prevalent eye diseases. The company’s surgical glaucoma product portfolio features the OMNI® Surgical System, a dually-indicated device that facilitates the performance of both trabeculotomy and transluminal viscoelastic delivery. Using proprietary multi-modal functionality, OMNI allows surgeons to target of all three sources of resistance in the conventional outflow pathway (trabecular meshwork, Schlemm’s canal, and collector channels) with a single device and single corneal incision.

The company’s non-surgical Dry Eye product portfolio consists of TearCare® for ophthalmologists and optometrists. TearCare is a software-controlled, wearable eyelid technology that delivers highly targeted and adjustable heat to the meibomian glands of the eyelids. Leveraging the full functionality of the blinking eye, proprietary SmartLid™ technology is designed to facilitate natural meibum expression when meibum is in its softened phase.

Source. FinSMEs, March 18, 2020. 

This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian & American VCs, PEs, Angels, Family Offices, Endowments/Trusts, and startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

Are you a Canadian or American GP/LP/CI or an American or Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.

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VC Deals Only: One Raises $17M in Series A Financing

VC Deals Only: One Raises $17M in Series A Financing: One , a San Francisco, CA-based new digital banking service, raised $17M in Series A financing. The round, which brought total funding ra...

One Raises $17M in Series A Financing

One, a San Francisco, CA-based new digital banking service, raised $17M in Series A financing.

The round, which brought total funding raised to date to $26m, was led by Foundation Capital, Core Innovation Capital, and Obvious Ventures.

The company intends to use the funds to scale its services to more customers ahead of a public launch this summer.

Co-founded by Chairman Bill Harris, who is the former CEO of Intuit, the founding CEO of PayPal and founder and former CEO of Personal Capital; and CEO Brian Hamilton, who is the founding CEO of Azlo, co-founder of PushPoint, a company acquired by Capital One, and a former SVP at Capital One, One is launching a new digital banking service which will allow middle-class American families to maximize their paychecks. making it easy to save, spend and borrow money. The company is opening up early access to its private beta.

Source. FinSMEs, March 17, 2020

This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian & American VCs, PEs, Angels, Family Offices, Endowments/Trusts, and startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

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VC Deals Only: Remesh Raises $25M in Series A2 Funding

VC Deals Only: Remesh Raises $25M in Series A2 Funding: Remesh , a NYC-based software company utilizing artificial intelligence for organizations to conduct research, raised $25m in Series A2 fun...

Remesh Raises $25M in Series A2 Funding

Remesh, a NYC-based software company utilizing artificial intelligence for organizations to conduct research, raised $25m in Series A2 funding.

The round, which brought total funding raised to date to over $38m, was led by General Catalyst, with participation from LionBird (Series Seed lead), North Coast Ventures, and several new external investors.

The company intends to use the funds to accelerate expansion and launch of its new AI-powered agile research platform, further grow the team and expand into the U.S. by opening up a new Cleveland office.

Led by Andrew Konya, Co-Founder and CEO, Remesh enables organizations to speak directly to up to 1,000 of their target audience live and gain insights from qualitative information at scale. The platform leverages machine learning to analyze and organize the responses in real-time. As a result, teams are able to speed up innovation cycles and uncover what customers or employees want – allowing them to build products, messaging, and organizations.

Customers include more than 600 companies such as Deloitte, Barclays, and Mercer.

Source. FinSMEs,  March 12, 2020

This post was brought to you by Woewoda Communications, your partner in the venture capital, private equity and startup markets; offering strategic communications, public relations & investor relation services to Canadian & American VCs, PEs, Angels, Family Offices, Endowments/Trusts, and startups involved in ICT, IoT, blockchain, life sciences, healthcare, agribusiness, clean energy, fintech, AI and robotics.

Are you a Canadian or American GP/LP/CI or an American or Canadian startup that needs to grow or scale? Give us a call! One of our representatives would love to explain how we vertically design, and then systematically layer each of our communication platforms to effectively reach niche target audiences for our clients. WC offers a unique synergistic approach to effectively communicate our client's message to their target audience.

Serving the U.S. and Canada