Image source: techinasia.com
Daily funding roundup - May 7th, 2019
Indose raised $3.5M; Crusoe landed $4.5M; Spiral Therapeutics closed $5.6M
Indose: Indose is a technology company in the cannabis industry with the first medicinal device that measures dosage. Indose has raised $3.5 million in Series A funding led by Casa Verde Capital. Read more
Crusoe Energy Systems: Crusoe is on a mission to help the oil industry reduce routine flaring of natural gas. Crusoe has raised $4.5 million in seed funding. Bain Capital Ventures and Founders Fund led the round and were joined by Wicklow Capital, Winklevoss Capital and Dragonfly Capital Partners. Read more
Spiral Therapeutics: Spiral Therapeutics is a clinical stage pharmaceutical company delivering novel therapies for hearing loss. Spiral Therapeutics has closed on $5.6 million in Series A funding. Investors include Sunghwan Choi, Inveready, Savoir Capital and Camden Partners. Read more
LeQuest: LeQuest has developed a software platform that enables healthcare professionals to be trained in the use of (complex) medical equipment. LeQuest has raised €7 million in funding. MedFinance andInnovationQuarter participated in the round, along with earlier backers NextGen Ventures, Noaber Ventures and Philips Health Technology Ventures. Read more
Chumbak: Chumbak, a Bangalore, India-based gifting startup. Founded by Subhra Chadda, Chumbak sells designer t-shirts, tins, coffee mugs shot. Chumbak has raised $10 million in Series D funding led by Gaja Capital, with participation from Matrix Partners and Seedfund. The company operates both online and offline. Read more
Thunes: Thunes offers a cross-border network that delivers smarter payment solutions for emerging economies. Thunes has raised $10 million in Series A funding led by GGV Capital. Read more
Trusted Health: Trusted Health is a digital employment platform for nurses that allows them to connect with flexible job opportunities. Trusted Health has raised $20 million in Series A funding. Craft Ventures led the round and was joined by investors including Felicis Ventures and Founder Collective. Read more
If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to kristin@vator.tv. If you want a longer write-up, please do give us a couple days heads up. If you'd like to be included in our Today's Entrepreneur column, please send me your Vator profile.
Kristin Karaoglu
Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams
All author posts