Shine completes $150M financing round to advance medical isotope production capabilities

Shine Medical Technologies has closed a new financing round worth $150 million that will support its ongoing medical isotope commercialization efforts, the company announced Monday. Venture capital firm Koch Disruptive Technologies (KDT) led this series C-5 round with Fidelity Management & Research Company, Scotland-based investment firm Baillie Gifford, and other new and current investors […]

SHINE Medical secures $150m to support isotope technologies

The company produces diagnostic isotope molybdenum-99 and therapeutic isotope lutetium-177. SHINE Medical Technologies has secured $150m in a Series C-5 funding round to support the marketing of its medical isotope technologies developed for diagnostic and therapeutic applications. The funds will also be used to develop new applications by leveraging fusion-based technologies. Koch Disruptive Technologies led […]

SHINE Medical Technologies lands major funding from a Koch Industries company

SHINE Medical Technologies announced Tuesday it has received a major $150 million boost as it moves toward completion and commercialization of its Janesville medical nuclear radioisotope production facility. In an announcement this week, SHINE officials said a company under the Koch Industries umbrella, Koch Disruptive Technologies, led the pack in a $150 million private financing […]

Gideon Brothers raises $31 million Series A to increase product line

Gideon Brothers declares it has raised a $31 million Series A funding to speed up the event and commercialization of its AI & 3D vision-based autonomous cellular robots (AMRs). The firm will even increase its Manufacturing, Sales, Marketing, and Customer Success operations throughout key markets of the European Union and United States by opening places […]

Gideon Brothers raises $31 million Series A to expand product line

Gideon Brothers announces it has raised a $31 million Series A investment to accelerate the development and commercialization of its AI & 3D vision-based autonomous mobile robots (AMRs). The company will also expand its Manufacturing, Sales, Marketing, and Customer Success operations across key markets of the European Union and United States by opening offices in […]

Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., with participation from DB Schenker, Prologis Ventures and Rite-Hite. […]

Sense Biodetection raises $50m Series B funding

Oxbridge BioMedTech business Sense Biodetection has raised $50 million in a Series B round led by Koch Disruptive Technologies – a subsidiary of £115 billion turnover US giant Koch Industries, Inc, based in Wichita, Kansas. The Series B also included participation from Sense’s existing investors Cambridge Innovation Capital, Earlybird Health, Cambridge entrepreneur Jonathan Milner and […]

Sense Biodetection Raises $50M in Series B Financing toward COVID-19 Test, Dx Portfolio

Sense Biodetection has completed a $50 million Series B financing, with the molecular diagnostics company saying it will use the proceeds to accelerate the launch of its Veros COVID-19 test, and further develop a portfolio of instrument-free, rapid molecular tests. Those tests will be based on Sense’s Veros platform, which is designed to detect a […]

Molecular diagnostics firm raises $50m investment for COVID-19 test

The Veros platform introduces novel and proprietary rapid molecular amplification technology to detect a variety of deadly and costly diseases. The Series B round was led by Koch Disruptive Technologies (KDT), a subsidiary of Koch Industries, Inc. Harry Lamble, CEO of Sense, said: “This Series B round is crucial in providing us with the resources to […]

Insurtech The Zebra earns its unicorn stripes with $150 million raise

US-based insurance comparison platform The Zebra has secured a $150 million Series D funding round, making it the latest fintech unicorn, per TechCrunch. This brings The Zebra’s total funding to date to $261.5 million since its founding in 2012. The fresh capital was raised not to fund operations, but to accelerate growth and new product plans, as […]