The official data about fund raising in the second quarter won’t be available until later this week, but a review of SEC filings shows that North Carolina startups and emerging companies were quite busy.
Here’s a recap.
Deals totaled around $350 million, but not all fundings meeting the criteria as spelled out by such VC trackers as PricewaterhouseCoopers/National Venture Capital Association, Dow Jones and CB Insights.
JUNE
Triangle and emerging companies raised more than $30 million in a variety of financings, from equity to debt.
Other companies around the state raised a similar total.
Here’s the edited list for the Triangle with company name, business category as filed, amount raised and the sate of the filing:
- SEMPRIUS INC (Other Technology – Durham, NC),$280,993, 2016-06-28
- Savii, Inc. (Other Technology – Raleigh, NC), $695,316 2016-06-28
- Advanced Animal Diagnostics Inc (Agriculture – Morrisville, NC)n$3,507,667 2016-06-28
- Dueling Sloths Brewing Company, Inc. (Other – Raleigh, NC), $160,000,
- Savii, Inc. (Other Technology – Raleigh, NC), $545,315, 2016-06-27
- SEAL Innovation, Inc. (Other – Raleigh, NC), $314,498, 2016-06-21
- VOXEL INNOVATIONS, INC. (Manufacturing – Raleigh, NC), $250,000, 2016-06-21
- Gift Boogle, Inc. (Other – Research Triangle Park, NC), $214,430,2016-06-21
And:
- Veritas Collaborative Holdings, LLC (Other Health Care – Durham, NC), $9,999,999, 2016-06-15
- Myocardial Solutions, Inc. (Other Health Care – Morrisville, NC), $4,016,816, 2016-06-15
- ZY THERAPEUTICS INC. (Pharmaceuticals – Cary, NC), $6,000,000, 2016-06-14
- UVision, Inc. (Biotechnology – Research Triangle Park, NC), $110,000, 2016-06-10
- PRSONAS, Inc. (Other Technology – Durham, NC), $524,500, 2016-06-08
- BioFluidica, Inc. (Other Technology – Chapel Hill, NC), $2,000,000 2016-06-06
And:
- ENTEGRION INC (Biotechnology – Research Triangle Park, NC), $3,325,018, 2016-06-06
- Buzz Behind Worldwide, Inc. (Other Technology – Morrisville, NC), Yet to Sell, 2016-06-03
- Reveal Mobile, Inc. (Other Technology – Raleigh, NC), $500,000, 2016-06-03
- Undercover Colors, Inc. (Other – Raleigh, NC), $3,002,685, 2016-06-03
- DRiley Life Industries, Inc. (Other – Raleigh, NC), $400,000, 2016-06-01
State filings:
- White Stagg, LLC (Other Technology), $2,165,000, 2016-06-28
- Petty Thieves Brewing Co. (Manufacturing), $50,000, 2016-06-23
- ALRGN Bio, Inc. (Biotechnology), $99,000, 2016-06-23
- Eagle Power Technologies, LLC (Other Technology), $750,000, 2016-06-22
- VOXEL INNOVATIONS, INC. (Manufacturing), $250,000, 2016-06-21
- AVADIM TECHNOLOGIES INC (Other), $1,692,2016-06-13
- UVision, Inc. (Biotechnology), $110,000, 2016-06-10
- AVADIM TECHNOLOGIES INC (Other), $2,645,140, 2016-06-08
- AVADIM TECHNOLOGIES INC (Other), $10,000, 2016-06-08
- Buck Marine Engine, Inc. (Manufacturing), Yet to Sell, 2016-06-07
- NCINO, INC. (Other Technology), $15,670,796, 2016-06-07
- Riley Life Industries, Inc. (Other,) $400,000, 2016-06-01
MAY
Led by Asheville-based Avadim Technologies and two Triangle life science firms,N.C. firms companies raised some $235 million million in capital across 23 deals in May.
Avadim, which manufactures Theraworx for skin hygine, reported that it had raised more than $100 million. That was by far the biggest fund-raiser in the state last month.
Arrivo BioVentures in the Triangle put together a group of backers that committed $49 million to new drug development.
And G-1 Therapeutics raised just under $50 million.
Here is a list of the SEC filings:
- Wayne Bailey, Inc. (Agriculture) $2,050,000 2016-05-31
- AVADIM TECHNOLOGIES INC (Other) $100,875 2016-05-31
- AVADIM TECHNOLOGIES INC (Other) $2,053,250 2016-05-31
- Levvel, LLC (Other Technology) $1,130,000 2016-05-27
- InMotionNow, Inc. (Other Technology) $3,084,997 2016-05-27
- Excellent Purity Corp (Other Health Care) $0 2016-05-25
- Arrivo BioVentures, LLC (Pooled Investment Fund) $49,000,000 2016-05-25
- Life Clips, Inc. (Other Technology) $700,000 2016-05-20
- Get Spiffy, Inc. (Other) $1,590,000 2016-05-20
- Versame, Inc. (Other Technology) $6,767,369 2016-05-20
- Myocardial Solutions, Inc. (Other) $1,000,000 2016-05-20
- Coursicle, Inc. (Other Technology) $43,750 2016-05-19
- BioMarck Pharmaceuticals Ltd (Pharmaceuticals) $7,000,000 2016-05-18
- LONERIDER BREWING CO (Other) $331,840 2016-05-18
- Victorum, Inc. (Other Technology) Yet to Sell 2016-05-18
- Sensory Analytics Holdings, Inc. (Other Technology) $390,004 2016-05-13
- Kerdea Technologies, Inc. (Manufacturing) $771,459 2016-05-13
- nVolve Partners, LLC (Other Health Care) $1,100,000 2016-05-12
- G1 Therapeutics, Inc. (Biotechnology) $46,999,999 2016-05-11
- APJeT, Inc. (Other) Yet to Sell 2016-05-10
- PassportParking, Inc. (Other Technology) $6,500,002 2016-05-10
- Propel IP, Inc. (Other) $145,000 2016-05-10
- Mati Inc. (Manufacturing) $1,000,000 2016-05-06
APRIL
NC firms put together a pretty good April, rounding up more than $60 million in new capital – be it institutional venture capital or debt.
One big footnote to start: The $18 million-plus raised by Raleigh-based PrecisionHawk is NOT listed in the filings.
The filings:
- Propel IP, Inc. (Other – Raleigh, NC) $145,000 2016-04-29
- Windsor Circle, Inc. (Other Technology – Durham, NC) $4,103,771 2016-04-25
- Surgical Center for Dental Professionals of NC LLC (Other Health Care – Raleigh, NC) $594,000 2016-04-25
- SEAL Innovation, Inc. (Other – Raleigh, NC) $1,006,595 2016-04-22
- 410 Medical Innovation, LLC (Other – Durham, NC) $928,183 2016-04-22
- Organic Transit, Inc. (Manufacturing – Durham, NC) $2,521,473 2016-04-20
- Savii, Inc. (Other Technology – Raleigh, NC) $545,315 2016-04-19
- Achelios Therapeutics, Inc. (Other Health Care – Chapel Hill, NC) $350,000 2016-04-19
- BioFluidica, Inc. (Other Technology – Chapel Hill, NC) $1,079,999 2016-04-18
- MD Interconnect, Inc. (Other – Raleigh, NC) $205,000 2016-04-18
- Locus BioSciences (Biotechnology – Raleigh, NC) $1,333,618 2016-04-15
- InnAVasc Medical, Inc. (Biotechnology – Research Triangle Park, NC) $520,000 2016-04-14
- Camras Vision, Inc. (Biotechnology – Research Triangle Park, NC) $1,269,700 2016-04-14
- TearScience, Inc. (Other Technology – Morrisville, NC) $19,225,391 2016-04-14
- TransLoc Inc. (Other Technology – Durham, NC) $6,125,000 2016-04-12
- Offline Media, Inc. (Other Technology – Raleigh, NC) $700,769 2016-04-11
- Lightbridge Holdings, LLC (Investing – Raleigh, NC) $215,000 2016-04-11
- Forkable, Inc. (Other Technology – Raleigh, NC) $813,863 2016-04-08
- Cvatech Oncology (Other Health Care – Durham, NC) $1,630,001 2016-04-05
- Yaarlo, Inc. (Other Technology – Durham, NC) $199,999 2016-04-04