It’s been a big two years for biotech investors. But if you ask Po Bronson, a partner at SOSV’s IndieBio, this trend was probably a long time coming. “Often, the implication is that everything must be overpriced,” he tells TechCrunch. “But I think more of it is that some major theses in the markets are […]
TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data
As many of the top cryptocurrencies seem to temporarily stabilize near all-time highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While […]
New Culture lands $25 million in seed funding to commercialize its cheesy vegan mozzarella
Led by sales of cheddar and mozzarella, the U.S. cheese market alone was valued at $34.3 billion in 2019, and is projected to reach $45.5 billion by 2027, growing at a compound annual growth rate of of 5.25%, according to Allied Research. By comparison, the vegan cheese industry is tiny, measuring around $1.2 billion in […]
With new tech and $3.6M seed, DiviGas aims to clean up hydrogen production
Hydrogen is at the center of many industrial processes and potentially part of major future energy ecosystems, but the process of isolating and storing it is wasteful and expensive. DiviGas, armed with a $3.6M seed round, hopes to clean up the hydrogen production industry with a new tech that leapfrogs existing methods, potentially supercharging this […]
Intelligent Implants raises $8.7M to help you grow a spine
Spinal surgery is not for the faint of heart at the best of times, but Intelligent Implants raised €7.5 million ($8.7 million) to make spinal surgery less of a pain in the backside. The company’s smart implants’ first application is in spinal fusion surgery — where two or more vertebrae are permanently connected to improve […]
Here’s all 10 companies from IndieBio’s latest New York cohort
Most big accelerators tend to dedicate some of their resources to dauntingly hard science problems and the companies taking them on… but for SOSV’s IndieBio, it’s the primary focus. Last time we checked in with IndieBio, their companies were working on everything from lozenges to treat gum disease, to vertical farms for the sustainable production […]
New Age Meats bites into $25M for cultured meat product line development
The company will begin production of its first product offering, a variety of pork sausages, next year.
Carmichael Roberts, Sean O’Sullivan will share insights into climate tech and investing at Disrupt
The effects of a warming planet, from frequent and extreme flooding to hurricanes and drought, has prompted activists and governments to take action. It’s also spurred a growing number of entrepreneurs to launch technology startups focused on the mitigation of greenhouse gas emissions. At the center of this activity are the venture capitalists deciding which […]
SOSV is building a New Jersey HAX facility for industrial, healthcare and climate startups
SOSV this morning announced work on a $50 million HAX facility in Newark, New Jersey focused on growing industrial, healthcare and climate startups. The five-year development plan utilizes $25 million from the New Jersey Economic Development Authority. The facility is set to open in June of 2022, with an eye on early-stage U.S. companies working […]
Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus
Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations on the back of leaving the Techstars Toronto accelerator program last month. Canadian-based VC firm The Xchange led the round, SOSV and Shock Ventures participated, while Techstars Toronto made a follow-on investment. Nigerian firms Argentil Capital Partners and […]