A Durham biotech company and a Wilmington startup are the latest entrepreneurial ventures in N.C. to close on new capital.

Here are the details:

  • Durham-based SenGenix raises $6.2 million

By Olivia Schaber, North Carolina Business News Wire

DURHAM — SenGenix Inc., a biotechnology company trying to revolutionize blood tests, raised $6.2 million according to afiling Monday with the Securities and Exchange Commission.

The company, founded in a lab at Duke University, obtained the money from 18 investors, according to the filing.

[For more information abouyt the company, read three posts linked to this report from WRAL TechWire’s archive.]

SenGenix raised the money in the form of equity, but it did not disclose what it intends to do with the offering.

The money will not be used to pay executive officers, promoters or directors outside the payment of normal salaries and other compensation and benefits.

The Durham-based company is developing point-of-care tests based on fluorescently responsive sensors that SenGenix intends to create a fast, accurate and actionable patient data at a low cost, according to its website.

The company raised a total of $4.9 million in three previous rounds of funding over the past three years.

Dr. Richard S. Surwit, the chief executive officer of SenGenix, is a professor of psychiatry and behavioral sciences and the former vice chairman for research in the Department of Psychiatry at Duke University.

He is the founder and chairman of ZyCare, Inc., a provider of personnel supply services, and holds six U.S. patents.

  • Wilmington-based LifeGait raises $1 million (+ video)

By Addison Lalier, North Carolina Business News Wire

WILMINGTON – A health care technology company based in Wilmington, North Carolina has raised $1 million in a private equity offering, according to a filing with the Securities and Exchange Commission.

LifeGait Inc. combines digital communication, big data and its patented gait technology to provide health and safety products to the mass market.

The company intends to raise a total of $1.1 million, with $81,666 remaining to be sold, through 12 investors.

The company, incorporated in November 2015, is located in the University of North Carolina at Wilmington’s Center for Innovation and Entrepreneurship. It is led by President and CEO Chris Newton.

LifeGait serves three markets: SportGait, SeniorGait and MedGait.

SportGait is LifeGait’s first commercial solution. The product includes a concussion management system that allows patients, parents and providers to communicate through a mobile app. The program helps facilitate clinical observations, treatment and monitoring periods, with a specific focus on youth athletes.

  • VIDEO: Watch a report about LifeGait at https://www.youtube.com/watch?v=xdYfaQef7nY

In June 2017, the tech company teamed up with Medac Health Services, which operates a network of local urgent care facilities, to implement its SportGait system.

The app is free to download on all iOS and Android devices.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.