The quality of the Band was on vivid display in the lineup at our 12th Portfolio Day. On March 30th we heard updates from nine portfolio companies: CarIQ (October 2017 Dinner and July 2018 Second Look); Earth Grid (July 2022 Dinner); Kango (May 2017 Dinner and May 2018 Second Look); Loopie (September 2021 Dinner and October 2022 Second Look); Open Sesame (April 2022 Dinner); Peanut Robotics (August 2021 Dinner); RAM Medical (March 2018 Dinner); Resonado (May 2019 Dinner); and Beyond 4 formerly Your Fare (April 2017 Dinner and July 2019 Second Look). The Band has played a critical role for these companies, and I was proud of their depth and progress. Big thanks to Wilson Sonsini Goodrich & Rosati for hosting us.
Portfolio News: Seal Rock Therapeutics Secures a $547,000 grant
Congratulations to Band portfolio company Seal Rock Therapeutics for securing a $547,000 grant from the U.S. Army Medical Research Acquisition Activity (USAMRAA) to support preclinical evaluation of Seal Rock’s ASK1 inhibitor, SRT-055, as a potential development candidate for amyotrophic lateral sclerosis (ALS). https://lnkd.in/g77kV8q2
Portfolio News: Thermo Fisher Scientific (NYSE: TMO), a world leader in serving science, acquired Combinati Incorporated and its digital PCR (dPCR) technology.
Thermo Fisher Scientific (NYSE: TMO), a world leader in serving science, acquired Band of Angels portfolio company Combinati Incorporated and its digital PCR (dPCR) technology.
Welcome to the Portfolio: Loopie Laundry
We are pleased to welcome Loopie in the Band of Angels portfolio, a tech-enabled managed marketplace for on demand wash & fold laundry delivery service. Loopie disrupts one of the worlds most neglected day to day problems; dirty laundry. By providing modern mobile solutions, and connecting people who need their laundry done with those who are looking to make passive income from home, Loopie aspires to provide consumers with services, save time and clean clothes simultaneously. Currently in Seattle WA, Bellevue WA, Portland OR, Denver CO, Austin TX, Chicago IL, Washington D.C., and more areas coming soon!
Portfolio News: Raydiant Oximetry Raises $5M in Series A2 Financing
Raydiant Oximetry, Inc, raised a $5m Series A2 financing led by Avestria Ventures, with participation from KOFA Healthcare, V-Capital, Band of Angels, FemHealth Ventures, RHIA Ventures and SteelSky Ventures. Raydiant Oximetry is a clinical-stage medical device company focused on improving women’s and neonatal health. Its innovation is LUMERAHTM, the non-invasive fetal oximeter designed to detect fetal distress during labor and delivery. It is an investigational medical device that is not currently approved for commercial sale. Read full article