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New Money: New Harvard Spinoffs Get $$, New Daily Fantasy Sports Startup Raises Small Round


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A screenshot of Chalk Brackets'' website posted on AngelList.

Get a daily dose of Boston funding news in The Beat. Sign up here. New Money is BostInno's report on all the tech funding deals this week. Check back for updates with more new money.

Opsonix
  • Amount: $8M Series A round, according to a press release.
  • Investors: Led by Baxter Ventures, with participation from Hansjörg Wyss, founder of Harvard's Wyss Institute.
  • Details: Opsonix is a Cambridge biotech startup that was spun out of the Wyss Institute. It was founded last year by Donald Ingber, Michael Super and Eric Devroe. According to the press release, the startup will use the funding to "develop a pathogen-extracting therapy designed to remove infectious pathogens and toxins from circulating blood," offering treatment solutions for blood-born infectious diseases, including sepsis.
RightHand Robotics
  • Amount: $3.3M equity round, according to a Form D filing.
  • Investors: 18 unidentified investors.
  • Details: RightHand Robotics is a startup that was launched at the Harvard Innovation Lab, according to Xconomy, and it's developing "intelligent robotic order-picking systems." Yaro Tenzer, a co-founder, declined to identify the investors in an interview with Xconomy but described them as "big name" and "tier one" angel investors and VCs.
Chalk Brackets
Modo Labs
  • Amount: $1.05M in debt financing, according to a Form D filing.
  • Investors: Six unidentified investors.
  • Details: The Cambridge startup, founded in 2010, helps higher education institutions a develop mobile campus apps within a matter of days or weeks with its own suite of development and publishing tools. It has raised a total of $8.05M, according to CrunchBase, with New Magellan Ventures and Storm Ventures as previous investors.
Aquto
  • Amount: $8M Series B round, according to a press release.
  • Investors: Round led by Iris Capital and joined by STC Ventures and existing investors Matrix Partners and Northbridge Venture Partners.
  • Details: The Boston startup, which has raised a total of $16M, provides a cloud-based service for sponsored mobile data monetization. Its first offering called "Zero Rating" lets mobile customers access online content, free of any data charges, and its second rewards mobile customers with free data from third party sponsors if they use their services to access content. Sponsored data is the next major step in the evolution of mobile connectivity,” Alexander Wiedmer, Iris Capital Partner, said in a statement.
Censio
  • Amount: $10M Series A round, according to a press release.
  • Investors: Round led by General Catalyst Partners and joined by Bain Capital Ventures and Lakestar.
  • Details: The Boston startup, co-founded by former Zipcar CEO Scott Griffith, develops proprietary software for insurance companies that encourages motorists to drive safer, tracks driving behaviors and rewards safe drivers with discounts on their premiums. Censio said the new funding, which brings its total to $13M, will allow it to continue developing its usage-based insurance applications and services for large insurance companies, including Progressive.
ezCater
  • Amount: $28M Series C round, according to a press release.
  • Investors: Insight Venture Partners and existing investors.
  • Details: The company, which enables businesses to order food online from caterers for meetings or corporate events, brings its total funding up to $35M with this latest Series C round. The sum is the largest ezCater has had yet, and it'll be using the money for product development. Not only will they be working on rolling out new functionalities, but they'll also be refining what they already have going on so they can accommodate more hungry businesses throughout the U.S.
Lantos Technologies
  • Amount: $3.9M round, according to Form D filing.
  • Investors: Nine unidentified investors.
  • Details: The Wakefield-based startup develops a 3D digital ear scanning system that generates 3D images to create personalized in-ear devices, ranging from hearings aids and noise protection equipment to musicians' monitors and in-ear headphones. According to Crunchbase, the startup has previously raised $12.42M through five separate rounds, with backing from Excel Venture Management, Catalyst Venture Partners and Mass Medical Angels.
Orionis Biosciences
  • Amount: $4.02M round, according to a Form D filing.
  • Investors: Four unidentified investors.
  • Details: Not much is known about Orionis Biosciences, a Boston biotech startup that was founded this year. But the c/o address listed on its Form D filing is for Excel Medical Management, which shares the same address as Excel Venture Management, a VC firm that invests in life sciences startups. Steve Gullans, a managing director at Excel Venture Management, is one of three people listed as an officer on the Form D filing. The two other people listed are Nikolai Kley, who is listed as founder and VP of discovery biology and drug discovery at Forma Therapeutics on LinkedIn, and Griet Vanpoucke, who is listed as manager of new ventures at Belgian life sciences firm VIB on LinkedIn.
SpotLight Parking
  • Amount: $1M raised to date, according to The Boston Globe.
  • Investors: Boston parking garage co. VPNE Parking Solutions invested an undisclosed amount.
  • Details: SpotLight Parking, co-founded by Tufts graduates Michael Miele and Karan Singhal, is developing a smartphone app, due for release by the end of the year, that lets motorists look for "hotspots," currently located at VPNE garages, where valet services can be hailed, according to the newspaper. Miele disclosed the startup has raised $1M to date. VPNE has been identified as the only investor so far, though AngelList lists $25,000 in seed funding that was raised in April 2014. Paul English, co-founder of Blade, is identified as one of the startup's advisors.

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