20180913 IN Pipeline with Venture Captial Focus

I am happy to see a biotech San Diego based company raise $4 million!  On a more positive note, our Senior Executive Advisors are all around the country and world with wide access to capital. #seaprogram #jdmorris

DISCLAIMER: This information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website as this a  beta blog.


  • Prominex, Inc., a San Diego, CA-based molecular diagnostic company focused on point-of-care infectious disease testing, completed its $4m Series A-1 financing
  • Avvay, a Franklin, Tenn.-based platform for content creators to find and book locations for their projects and events, raised $1m in seed funding
  • Prokaryotics, Inc., a Union, N.J.-based biopharmaceutical company engaged in the discovery and development of novel anti-infective drugs, has been awarded its second Small Business Innovation Research Grant (SBIR) valued at up to $2.3m
  • Bloom Credit, a NYC-based financial wellness platform for consumers and lenders to build a sound credit relationship, raised $3.87m in seed funding
  • Domicile, a Seattle, WA-based developer of technology-driven business accommodation platform, raised $5m in seed funding
  • Hiretual, a Mountain View, CA-based AI-driven HR technology company, raised $5M in Series A funding
  • Growers Holdings, Inc., a Seattle, Washington and Raleigh, N.C.-based agtech startup, raised $5M in Series A financing
  • RenalGuard Solutions, a Milford, MA-based medical device company focused on innovative technologies for the cardiac and vascular markets, completion of a $7m financing
  • Seed CX, a Chicago, IL-based licensed cryptocurrency exchange that offers institutional trading and settlement for both spot market and CFTC-regulated derivatives, raised $15m in Series B funding
  • HYP3R, a San Francisco, CA-based location-based marketing company, raised $17m in Series A financing
  • Datrium, a Sunnyvale, CA-based provider of a server flash storage system, raised $60m in Series D funding
  • Shift Technologies, a San Francisco-based platform to buy and sell used cars, raised more than $140 million in Series D equity and debt financing
  • Irrimax, an Atlanta, GA-based medical device company, received an investment from Decathlon Capital Partners
  • Basic Fun!, a Boca Raton, Florida-based toy and novelties company, received an equity investment from Falcon Investment Advisors, a Boston-based investment fund
  • Technori, a Chicago, IL-based active startup platform, received a seven-figure investment from DV Partners, led by SMS Assist Founder and Chairman Mike Rothman
  • OneOncology, a Nashville, Tenn.-based partnership of independent community oncology practices and finance and technology experts, received an investment from General Atlantic
  • GTY Technology Holdings is to buy CityBase, Inc., a Chicago, IL-based provider of a tech platform for people and businesses to interact with utilities and government agencies, for $160m in cash and stock


SAN DIEGO–(BUSINESS WIRE)–Prominex, Inc., a molecular diagnostic company focused on point-of-care infectious disease testing, today announces the completion of its Series A-1 financing, raising $4 million from Casdin Capital LLC and its founding CEO. The Series A-1 financing will provide funding to advance the development of its infectious disease assays and commence an instrument development partnership with Invetech, a global leader in point-of-care instrument design and development.

Prominex’s Founder and CEO Paul Thomas commented, “Our Validex System delivers a 5-minute sample-to-answer molecular test result that will enable a broad spectrum of point-of-care testing from simple screening to more complex syndromic panel assays. We believe our Validex System holds significant promise to improve patient care and outcomes in time-critical clinical situations and to realize significant cost savings by optimized patient management and triage of patients to the most appropriate care setting.”

About Prominex

Prominex was founded in 2016 with a primary focus on the development of molecular diagnostic assays for point-of-care infectious disease testing. The novel molecular amplification and waveguide detection technologies incorporated into our Validex System enables the development of ultrafast, accurate, easy-to-use, highly multiplexed, and low-cost molecular diagnostic assays. For more information, visit www.Prominex.com.





Real Estate Deals 4 Investor Network Nights plus deals that closed (angel and VC)

The Morris Team ( www.MorrisTeamSells.com ) will provide some great real estate investment deals.

URL Learn more about Investor Network and Investor Network Nights: http://redhookcapital.me/investor-network/

URL Register for our next event: http://redhookcapital.me/investor-network/

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

1366 Technologies, a Bedford, Mass.-based silicon wafer manufacturer, has raised $2.5 million in additional Series C funding from existing shareholder Vorndran Mannheims Capital. This brings the round total to $17.5 million, including an initial $15 million tranche led by Tokuyama Corp.www.1366tech.com

Bluenose Analytics, a San Francisco-based customer success platform for SaaS businesses, has raised $10 million in VC funding from The Social+Capital Partnership and Norwest Venture Partners.www.bluenose.com

Egnyte, a Mountain View, Calif.-based provider of cloud and hybrid cloud file sharing solutions for businesses, has raised $29.5 million in Series D funding. Seagate, CenturyLink, Northgate Capital were joined by return backers Kleiner Perkins Caufield & Byers, Google Ventures and Polaris Partners.www.egnyte.com

Kleiner Perkins Caufield & Byers log

Invitae Corp., a San Francisco-based developer of clinical genetic tests for hereditary disorders, has raised $40 million in Series E funding. Backers include Genomic Health Inc., Randy Scott, Thomas McNerney & Partners, Redmile Group, Genesys Capital and Casdin Capital. www.invitae.com

Koru, a provider of workplace readiness learning for recent college grads, has raised $4.35 million in new VC funding. Maveron led the round, and was joined by Battery Ventures, First Round Capital and A16Z Seed. www.joinkoru.com

Lagoa, a Boston-based 3D cloud computing startup, has raised $5.3 million in Series A funding. Atlas Venture led the round, and was joined by Siemens and Real Ventures. www.lagoa.com

Loop Commerce, a San Francisco-based gifting service, has expanded its Series A round from $7 million to $12 million, with the addition of new investor PayPal. Prior investors included angels like Mark Carges (eBay CTO), Don Katz (CEO at Audible) and Michael Scharff, (ex-SVP of retail at Toys “R” Us). www.loopcommerce.com

nWay, a San Francisco-based massively multiplayer online gaming startup, has raised $5 million in new VC funding. TransLink Capital led the round, and was joined by Cowboy Ventures, Baseline Ventures, Harrison Metal, WI Harper Group, XG Ventures and Zhen Fund. www.nway.com

Ooyala, a Mountain View, Calif.-based provider of video streaming, analytics and monetization solutions, has raised $43 million in new funding from existing shareholder Telstra. Other company backers include Sierra Ventures, Rembrandt Venture Partners and CID Group. www.ooyala.com

StarMaker Interactive, a San Francisc-based maker of mobile singing games, has raised $4 million in Series A funding from Qualcomm Ventures and iGlobe Partnerswww.starmakerstudios.com

Talend, a French provider of big data integration software, has raised $40 million in new equity funding.Bpifrance and Iris Capital were joined by return backer Silver Lake Sumeru. www.talend.com

The Orange Chef Co., a San Francisco-based connected kitchen startup, has raised $1.2 million in seed funding. Google Ventures and SparkLabs Global Ventures co-led the round, and were joined by Bertelsmann Digital Media Investments, Kima Ventures, The Social+Capital Partnership and Graph Ventures. www.theorangechef.com

Yodo1, a Beijing-based mobile game publisher and platform, has raised $11 million in Series B funding.GGV Capital led the round, and was joined by Singtel Innov8, Pavillion Capital and Iris Capital.www.yodo1.com

UIEvolution Inc., a Seattle-based provider of connected screen software and services, has raised $8 million in new VC funding. Intel Capital led the round, and was joined by Shaw Ventures.www.uievolution.com

Information provide by Associated Press, CB Insight, Crunchbase, Forbes, Market Watch, Reuters, and other sources.  Please check company website for best information.

Happy Investing and Networking,

JD Morris

JD Morris

Join me on LinkedIN:  http://www.linkedin.com/in/jdmorris

The Morris Team URL: http://www.themorristeam.com/


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Investor Network Nights Preview gets results plus deals that closed!

Investor Network will have weekly Webinars on Monday night called Investor Network Nights.  You can register for these Webinars at: http://redhookcapital.me/investor-network-event/

One of our deals just got several great referrals such as a tier one venture capital firm and grant organization.  Learn more about this deal on our Facebook group: https://www.facebook.com/InvestorNetwork

Below are deals that closed and hear about 50+ deals that closed this year on our blog at: http://redhookcapital.me/


Digital Lumens, a Boston-based developer of intelligent LED lighting systems, has raised $10 million in new VC funding from return backers Black Coral CapitalFlybridge Capital Partners and Stata Ventureswww.digitallumens.com

PureCars, a Charleston, S.C.-based provider of “value reports” for automotive consumers, has raised $5 million in new VC funding from Gemini Investors and Stage 1 Ventureswww.purecars.com

SPR Therapeutics
, a Cleveland-based developer of a peripheral nerve stimulation therapy platform, has raised $5 million in Series A funding. Backers include NDI Healthcare FundPublic Square Partnersand individual angels. www.sprtherapeutics.com

Iconnix Software Corp., an Austin, Texas-based provider of sales performance and incentive compensation management solutions, has raised $4.5 million in Series B funding from Ballast Point Ventureswww.iconnixsoftware.com

Kitsy Lane, a Maynard, Mass.-based social commerce platform for at-home entrepreneurs, has raised $3.5 million in Series A funding. Data Point Capital and Longworth Venture Partners co-led the round, and were joined by return backer Point Judith Capital. www.kitsylane.com

Hortau Inc., Quebec City-based maker of edge irrigation management technologies, has raised C$3 million in VC funding from Avrio Capital. www.hortau.com

Infusionsoft, a Chandler, Ariz.-based provider of all-in-one sales and marketing software for small businesses, has raised $54 million in growth equity funding from Goldman Sachs. The company previously raised around $17 million from Mohr Davidow Ventures and Signal Peak Ventures.www.infusionsoft.com

InsideSales.com Inc., a Provo, Utah-based sales automation platform, has raised $35 million in new VC funding, according to a regulatory filing. VentureWire reports that U.S. Venture Partners led the round, and was joined by return backer Hummer Winblad Venture Partners. www.insidesales.com

Health Catalyst (f.k.a. Healthcare Quality Catalyst), a Salt Lake City-based provider of healthcare data warehousing, has raised $33 million in Series B funding. Norwest Venture Partners led the round, and was joined by return backers Sequoia Capital and Sorenson Capital. www.healthcatalyst.com

Chartboost, a San Francisco-based business engine for mobile game developers, has raised $19 million in new VC funding led by Sequoia Capital. The company previously raised $2 million from XG Ventures, SK Telecom Ventures and Translink Capital. www.chartboost.com

Foundation Medicine, a Cambridge, Mass.-based developer of genomics-based cancer diagnostic tests, has raised $13.5 million in additional Series B funding. New investors include Bill GatesEvan Jones and Yuri Milner. The company previously held a $42.5 million first close on the round, from Deerfield Management Co., Casdin Capital, Redmile Group, Roche Venture Fund, WuXi Corporate Venture Fund, Third Rock Ventures, Google Ventures and Kleiner Perkins Caufield & Byers.www.foundationmedicine.com

Altitude Digital, a Denver-based online display and video advertising company, has raised $5 million in group capital funding from Mercato Partners. It also has secured a new credit facility from Silicon Valley Bank. www.altitudedigitalpartners.com

Investor Network by JD

E-mail me for details on Investor Network Nights!

Happy Networking & Investing,

JD Morris

JD Morris

To learn about our educational Webinars visit us at www.RedHookCapital.com or for the Webinar the 21st via GoToWebinar:  http://alturl.com/hvx2b or https://attendee.gotowebinar.com/register/5671687043462755328