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Revolution Growth’s Latest Investment in Healthcare and AI: Pathos, the Company Re-Engineering the…

Revolution

Revolution Growth’s Latest Investment in Healthcare and AI: Pathos, the Company Re-Engineering the Drug Development Process The oversubscribed $62M Series C will be used to expand the team, accelerate platform development, and advance its clinical-stage pipeline of precision oncology therapeutics.

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NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Clothing Distributor

American Entrepreneurship

Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.

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NJEDA Approves NJ Innovation Evergreen Fund Investment in Women-Led Tech Platform

American Entrepreneurship

Bullpen Capital has invested over $3 million into The Many Company TRENTON, N.J. July 17, 2024) – The New Jersey Economic Development Authority (NJEDA) Board today approved an investment from the New Jersey Innovation Evergreen Fund (NJIEF) into an emerging women-led company, The Many Company.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. billion with BIPOC and diverse businesses by 2025.

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Tiger Global and Ribbit invest another $100 million in PhonePe

TechCrunch

Ribbit Capital, Tiger Global and TVS Capital pumped the new $100 million into the startup. A concern for PhonePe’s growth was the Indian regulator enforcing a check on the market cap on each participating player, but its recent extension to the deadline until 2025 has paved way for the startup for another two years of fast-growth.

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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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General Galactic Launches to Advance Fossil-Free Fuel Revolution

American Entrepreneurship

They have achieved production of 2,000 liters of methane daily in pilot testing and are now setting up commercial deployments for early 2025. The $8 million seed round brings the startup’s total investment in the company to $10 million. Their targets are maritime shipping, agriculture, and heavy industry sectors.

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