Dragan Grabulovski, co-founder and chairman of the board, added: 'Obtaining a
seed financing from VCs just six months after incorporation of Araris validates the strong interest in our novel linker ADC technology.
To date, Tevosol has raised CAD6.3m in
seed financing and will next seek venture funding to support manufacturing, clinical investigation and commercial launch.
(https://petkrewe.com/), a New Orleans, Louisiana-based pet costume company, secured its
seed financing of an undisclosed amount.
Oncologie, an innovative biopharmaceutical company, announced today that it is launching operations in both Bostonand Shanghai with $16.5M
seed financing led by Pivotal bioVenture Partners China.
InJanuary, Neptune raised more than$2 millionin
seed financing led by Burgess, the founder of C1 Bank.<br />
The
seed financing continues the exceptional momentum for Fastlane in its launch year in which the company is experiencing a rapidly-growing roster of dealers across the U.S., key executive appointments, and market momentum in the white-hot areas of online auto sales and ecommerce and the in-store dealer financing process.
Kurtz claims that the $4.5 million is the largest
seed financing to date in the Middle East and North Africa region.
As the startup grows, it will usually require additional funding and accordingly seeks larger investments through a
seed financing round with angel investors or startup incubator programs--often through convertible note or simple agreement for future equity (SAFE) debt financing arrangements.
"This initial
seed financing round will enable Finja to demonstrate the power of digital-by- design financial services and is just the beginning of our journey", commented Monis Rahman, Co-Founder and a board member of the company.
The
seed financing provided is designed to enable start-ups to take an idea through prototyping and to market launch.
As soon as we are able to, we will be releasing more details about the Fund, including the bi-lateral partner, the
seed financing and governance."
Virurl builds tools and technologies to create native advertising campaigns, and has raised USD1.2M in
seed financing to date.