Progentec, an Oklahoma City-based leader in the development of nextgen diagnostics and digital therapeutics for the management of autoimmune diseases, completed a $5m Series A funding.

The round was led by Plains Venture Partners, the Oklahoma Seed Capital Fund and the Oklahoma Angel Capital Fund II, managed by i2E Management Company (Oklahoma City), with participation from NMC Health (Abu Dhabi), OCA Ventures (Chicago), Stanford University (Stanford), the Oklahoma Medical Research Foundation (Oklahoma City), Mayo Clinic, and Burns & Stowers Investments LLC (Norman, OK).

Led by CEO Mohan Purushothaman, Progentec is committed to improving access and health outcomes for patients in therapeutic areas with a high level of unmet need by combining clinically-validated diagnostic interventions with digital technologies.

The funding will provide go-to-market capital for the company’s CLIA laboratory and digital technologies for the management of lupus and will support new research into digital biomarkers and remote delivery of digital therapeutic programs.

FinSMEs09/01/2020 | To read full story, visit https://startuparound.com/read/1578529807.1711679/Progentec-Secures-$5M-in-Series-A-Funding?ref=audio_experience

Tweet OKLAHOMA CITY, OK, Progentec has completed a $5 million Series A funding round.

The funding round provides go-to-market capital for Progentec's CLIA laboratory and digital technologies for the management of lupus.

"In early 2020, Progentec will launch the aiSLE DX biomarker assay for early prediction of lupus flares.

Later this year, Progentec will launch an enhanced lupus disease diagnosis assay to correctly diagnose/classify lupus patients.

This funding will also support new research into digital biomarkers and remote delivery of digital therapeutic programs. | To read full story, visit https://startuparound.com/read/1578528010.9965656/Progentec-Raises-$5M-in-Series-A?ref=audio_experience

Just in time for resolution keeping, a startup called Supporti has released an app to help people realize their ambitions.

Granger knew from public health research that relationships matter when it comes to supporting positive habits.

Granger wanted to apply that logic to creating and sustaining other good habits, and 2017 she began working on her Seattle-based startup.

We’re committed to our vision of creating a mobile platform where people can find accountability and support to achieve their goals.

their free time to complete a survey and then get on a 30- or sometimes 60-minute phone call, told us that there’s a real need here. | To read full story, visit https://startuparound.com/read/1578526206.1624293/Seattle-startup-Supporti-helps-people-achieve-goals,-leveraging-insights-from-public-health-research?ref=audio_experience

The Pathr platform requires no new or retrofitted hardware and works across a host of vertical industries-mapping patron, employee, object and even robot movement.

The potential application for the Pathr technology to positively influence any number of profit drivers and operational efficiencies, across a diverse range of physical locations, is virtually limitless.

"E14 Fund is an ideal partner for the Pathr brand at this stage of our technology development and market rollout," said George Shaw, Founder and CEO of Pathr.

The E14 Fund team is an optimal fit-and we're confident they can provide the necessary financial and advisory support to help the Pathr platform grow and thrive."

About E14 FundE14 Fund is an early stage venture fund focused on startups founded by the MIT community. | To read full story, visit https://startuparound.com/read/1578524409.3725665/Pathr-Secures-Venture-Funding?ref=audio_experience

Tweet IRVINE, CA, Clinical-stage biopharmaceutical company, today announced the completion of $60 million in Series B financing, led by Vivo Capital.

To export Tarsus Pharmaceuticals funding data to PDF and Excel, clickClick here for more funding data on Tarsus PharmaceuticalsTo export Tarsus Pharmaceuticals funding data to PDF and Excel, click here Tarsus Pharmaceuticals, a clinical-stage biopharmaceutical company, today announced the completion of $60 million in Series B financing.

The financing was led by Vivo Capital and included Frazier Healthcare Partners, Flying L Partners, Visionary Ventures, Aperture Venture Partners, and Horowitz Group.

Michael Ackermann, PhD, Tarsus Chairman, commented, "We founded Tarsus with the mission of bringing to market the first drug for Demodex blepharitis, an important unmet need and one of the largest diseases in anterior segment medicine."

Tarsus was founded in 2017 to bring innovative therapies to a range of diseases in need of better solutions, starting with Demodex blepharitis and eye care. | To read full story, visit https://startuparound.com/read/1578522607.2109778/Tarsus-Pharmaceuticals-Raises-$60M-in-Series-B?ref=audio_experience

Photo by monicore from PexelsDid your holiday gifts for your employees fall flat this time around?

Holiday gifts work best if you can on the individual rather than on the work force as a whole.

In a completely different vein, you can encourage employees to give holiday gifts to their colleagues.

Charitable Holiday GiftsHave you ever thought about giving holiday gifts in your employees’ names to a cause that is either close to you geographically or significantly important on a large scale?

Practical GiftsHoliday gifts of a practical nature can be gifts employees truly appreciate. | To read full story, visit https://startuparound.com/read/1578520806.592732/Holiday-Gifts-for-Employees:-How-to-Choose-Great-Ones-–-Productivity?ref=audio_experience

The investment for Prosumir totaled R$1.5 million (over US$370,000) for its solution that reduces energy waste.

Making the most of energy“Transforming energy waste into opportunities,” says Prosumir on its website.

Steam has thermal energy that’s converted into mechanical energy, pressure.

However, these pipes can become highly pressurized and lose some of that valuable mechanical energy because it’s reverted into thermal energy as really hot steam.

Putting less pressure on processesWith its apparatus, Prosumir cuts down tubing pressure and transforms it into usable electrical energy. | To read full story, visit https://startuparound.com/read/1578519007.6148314/Brazilian-Prosumir-raises-US$370,000-for-solution-that-fights-energy-waste?ref=audio_experience

At least that’s how venture capital (VC) fund, ALLVP, made it seem.

It shouldn’t be so tough, but surely plenty of folks will be applauding ALLVP’s “bold” decision to kick off the new decade by welcoming a millennial, woman partner into its ranks.

VC on the CVThen again, it feels like Antonia Rojas might have been an easy choice for partner after a quick glance at her curriculum.

Related article: Ride-hailing 99 launches campaign to get more women behind the wheelLuckily, as study after study has shown: women invest in women.

A millennial woman becoming partner at ALLVP is cool. | To read full story, visit https://startuparound.com/read/1578517209.8705268/Women-in-VC-add-one-more-to-their-ranks-as-Antonia-Rojas-joins-ALLVP?ref=audio_experience

Business Model Analysis Revolut is a $1.7B challenger bank that offers a mobile-first bank alternative for individuals and small businesses.

We analyze its funding activity, business model, customer acquisition strategy, market size, and competition.

Where is this data coming from?

Start your free trial today Email Where is this data coming from?

The company is focused on helping customers improve financial health while expanding financial inclusion. | To read full story, visit https://startuparound.com/read/1578515406.8326545/Fintech-Business-Model-Spotlight:-Revolut?ref=audio_experience

Dockless two-wheeler rental startup Bounce raised Rs 692.39 crore as a part of its Series D round, according to documents filed with the Ministry of Corporate Affairs (MCA) assessed by YourStory.

The round was co-led by Facebook Co-founder Eduardo Saverin’s B Capital and Accel, who invested Rs 250.83 crore each.

Other investors who participated include existing investors Chiratae Ventures (around Rs 76.68 crore), Sequoia Capital (around Rs 14.33 crore), along with Omidyar Network (around Rs 25.08 crore) and Qualcomm Ventures (around Rs 35.83 crore), among others.

The startup has raised around $5.4 million in debt capital from Sachin Bansal's co-founded venture Navi (formerly BAC Acquisitions) over the course of last year.

Founded in 2014 by Vivekananda H.R., Anil G, and Varun Agni, Bengaluru-based Bounce (under parent brand Wickedride Adventure Services Pvt. | To read full story, visit https://startuparound.com/read/1578513606.9701877/[Funding-alert]-Bounce-raises-Rs-692.39-Cr-as-a-part-of-Series-D-round-led-by-B-Capital,-Accel?ref=audio_experience