Thursday, 9 July 2020

Startup Funding Alert: Vor Biopharma Closes $110 Million Series B Financing


Vor Biopharma, an #oncology company pioneering engineered hematopoietic stem cells (eHSCs) for the treatment of cancer, today announced it has raised $110 million in a Series B financing.

Proceeds will advance the company’s lead candidate VOR33 into clinical trials, deepen its portfolio, and accelerate the validation of additional targets for its scientific platform, which is designed to remove redundant proteins so that transplanted stem cells become invisible to targeted therapies while leaving diseased cells vulnerable.

Vor’s treatment strategy has the potential to bring a revolutionary treatment paradigm for patients with acute myeloid leukemia and other hematologic malignancies.

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Vor Biopharma Closes $110 Million Series B Financing " Vor Biopharma

Proceeds will advance the company's lead program into clinical trials and expand the portfolio CAMBRIDGE, Mass., - July 7, 2020 - Vor Biopharma, an oncology company pioneering engineered hematopoietic stem cells (eHSCs) for the treatment of cancer, today announced it has raised $110 million in a Series B financing.

Scientists: We can now trap coronavirus in this 'catch and kill' air filter


Scientists have designed a "catch and kill" air filter which they say can trap the novel coronavirus and neutralise it instantly, an invention that may reduce the spread of Virus in closed spaces such as schools, hospitals and health care facilities, as well as public transit environments like airplanes.

According to the study, published in the journal Materials Today Physics, the device killed 99.8% of the novel coronavirus, SARS-CoV-2, in a single pass through its filter.

The device, made from commercially available nickel foam heated to 200 degrees Celsius, also killed 99.9% of the spores of the deadly bacterium Bacillus anthracis which causes the anthrax disease.

According to the scientists, since the virus can remain in the air for about three hours, a filter that could remove it quickly was a viable plan, and with businesses reopening across the world, they believe controlling the spread in air-conditioned spaces was urgent.

They noted that the novel coronavirus can’t survive temperatures above 70 degree Celsius, so by making the filter temperature far hotter -- about 200 degree Celsius, the researchers said they were able to kill the virus almost instantly.

I think Log 9 Materials is listening to this.

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We can now trap coronavirus in this 'catch and kill' air filter

Houston: Scientists have designed a "catch and kill" air filter which they say can trap the novel coronavirus and neutralise it instantly, an invention that may reduce the spread of COVID-19 in closed spaces such as schools, hospitals and health care facilities, as well as public transit environments like airplanes.

Untapped Capital Starvation in Indian MSME Sector a Great Boon for FinTech Startups


With my more than 20 years experience in dealing with thousands of MSME businesses, the reason I have seen for their failure is not lack of talent, market, labour or technology, but starvation due to lack of access to timely and adequate capital.

So FinTech startups in India have huge unimaginable potential and also can do immense yeoman service to our country just by channelising savings and providing timely and adequate finance to MSME sector.

All the best!

Finin: COVID19 Crisis A Great Opportunity for Neo-Banks


Finin claims to be India’s first direct consumer digitized bank that eases the customer money management, investment, savings account through digital mode using advanced AI driven technology and payment programs. Suman Gandham, Founder & CEO, Finin – The Future of Banking explains to Techplus Media Group how neo banks are changing wealth management in India.

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Finin: COVID19 Crisis A Great Opportunity for Neo-Banks

Finin claims to be India's first direct consumer digitized bank that eases the customer money management, investment, savings account through digital mode using advanced AI driven technology and payment programs. Suman Gandhan, Founder & CEO, Finin - The Future of Banking explains how neo banks are changing wealth management in India.