North Carolina Biotechnology Center funds life sciences research
Crop protection, gene editing, and a better sweetener are just a few of the emerging technologies getting a leg up from the North Carolina Biotechnology Center. The non-profit Research Triangle Park organization awarded 13 loans and grants totaling $1.8 million this spring to universities and bioscience companies. The awards focused on life science research, entrepreneurship, and bringing technology to market.
Universities working on bioscience research received $712,973 in grants to advance their research. Duke’s Medical Center will expand its genomics datasets, UNC will work on new drugs and biotherapeutics, and Wake Forest will study diabetes and obesity. Additional smaller grants will fund East Carolina University, NC State, UNC Charlotte, and the University of North Carolina Wilmington on projects ranging from CRISPER gene editing to pheromones to a re-engineered stevia sweetener.
Indy software developer lands $3.1M
Encamp, an environmental, health, and safety software platform based in Indianapolis, has raised $3.1 million in Series A funding. The investment was led by Allos Ventures and High Alpha Capital.
Gene therapy company secures $80.5M in Series A round
Kriya Therapeutics, which has offices in Durham, NC, and Palo Alto, CA, has just secured $80.5 million in Series A financing. The company will use the investment to develop gene therapies for treating diabetes and severe obesity.
Chicago-based Tock raises $10M
Tock recently announced that it has raised an oversubscribed $10 million financing, led by Valor Siren Ventures. The company handles reservations, table management, and carryout operations for close to 3,000 restaurants in 28 countries.
NC software startup closes $3.3M round
Raleigh’s MemberHub, a “family & community software platform for parent-teacher organizations,” has raised $3.3 million in an oversubscribed round led by VentureSouth, with participation by several new and existing investors.
Cybersecurity firm raises $12.5M in funding
Columbus-based Finite State has raised $12.5 million in a Series A funding round led by Energy Impact Partners. The company builds technology that “uncovers vulnerabilities and threats in the supply chain of IoT and connected devices.”