North Carolina

A Research Triangle digital health company has raised $25 million in Series B financing. Analytics 4 Life raised the money from investors that included physicians, health care professionals and medical device experts. The company, headquartered in the Research Triangle Park, creates technology to assess the presence of coronary artery disease. Its cardiac imaging device is currently under clinical investigation. Analytics 4 Life uses artificial intelligence to produce novel diagnostic images to scan signals naturally emitted from the body that is radiation-free. It doesn’t require exercise such as running on a treademill.Current cardiac assessment methods are both risky and costly...

In a wrapup of the latest N.C.-related SEC filings: Asheville brewery seeks $3 million Avadim raises $680,000 LendingTree CEO sells more shares The details: Asheville brewery Riverbend Malt House seeks $3 million An Asheville brewery wants to raise $3 million from investors, according to a filing with the Securities and Exchange Commission. Riverbend Malt House filed the Form D on Feb. 16, 2017. The first sale as yet to occur, and the minimum investment accepted from any outside investor $50,000. The offering is not being made in connection with a business combination transaction, and is not intended to last...

A North Carolina-based solar company has raised $875,000 in private equity, according to a filing with the Securities and Exchange Commission. Koolbridge Solar Inc. filed a Form D signed by John Burnett, Paul Dent, Larry Zirbel, Phil Johnston, William Griffin and Bob Belts on Feb. 7. The full $875,000 has been raised from 14 investors. This is a new notice with the first date of sale on May 17, 2016. Koolbridge Solar, formed in 2013, has patents and patents-pending in development of residential, commercial and solar farms. Koolbridge Solar has a “Smart Load Center” where each individual breaker decides...

DURHAM, N.C.— A Durham based financial consulting company has filed to raise $250,000 in debt, according to a filing with the Securities and Exchange Commission. Trill Financial Inc. filed a Form D signed by Akash Ganapathi, Kook Jung, Chad Price and Eric Freedman on Feb. 6. Of the amount the company proposes raising, $20,000 has been raised so far from one investor. The remaining amount is $230,000. This is a new notice with the first date of sale on Jan. 22. The company was founded in 2014 in Chapel Hill. Trill Financial, founded in 2014, will sell analytics that...

GREENSBORO, N.C. — A Greensboro-based company that is taking the allergies out of peanuts has raised $946,000 in a private offering, according to a Securities and Exchange Commission filing. Alrgn Bio Inc. said that the money will be used for working capital, including compensation for its executives. The company has a patented food grade enzymatic process that is combined with food industry processing equipment to inactivate peanut allergens. The reduced-allergen peanuts have the potential to be used in more than 5,000 prepared food products, according to the company. Alrgn is a spin-off of North Carolina A&T University and Xemerge,...

Raleigh-based BioDelivery Sciences International Inc. reported a third-quarter loss that was larger than Wall Street expectations.. BioDelivery Sciences, a specialty pharmaceutical company, develops and commercializes applications of approved therapeutics to address unmet medical needs using drug delivery technologies. The company develops pharmaceutical products aimed principally in the areas of pain management and addiction. The biotech company reported a loss of $16.5 million, or 30 cents per share, for the quarter. Analysts had predicted a loss of 26 cents per share. The company’s revenue was $3.6 million — or 200 percent higher than in the same period last year, which...

The Carlyle Group announced its agreement to sell 10 million shares worth more than $300 million of the telecom equipment company CommScope Inc., located in Hickory, according to a Securities and Exchange Commission filing. The Washington, D.C.-based company entered into the agreement on Sept. 20, according to the Sept. 22 filing. Credit Suisse Securities LLC will act as the sole underwriter for the offering. Credit Suisse will have the option for 30 days to purchase up to 1.5 million additional shares from Carlyle. CommScope will not receive any of the proceeds from the offering. Carlyle expects to sell the...

Sustainable Textile Group LLC will take over the vacant Hanes facility in China Grove and produce yarns from regenerated fibers. The textile operation will create 223 jobs during the next two years. If the company meets those goals, it will receive a $300,000 grant from the state. The new jobs will pay an annual average wage of $29,141, not including benefits. Joy Nunn, founder and CEO of Circle LLC, says it is their goal to produce items that are first of all better products, cost the same or less, and are sustainable. She says Sustainable Textiles Group is able...