The AlleyWatch NYC Startup Daily Funding Report 81318

first_imgThe AlleyWatch NYC Startup Daily Funding Report: 8/13/18 by AlleyWatch littleBits, the the platform of electronic building blocks to fuel learning and invetnions founded by Ayah Bdeir in 2011, has raised an additional $7.8M in funding according to a recent SEC filing. This appears to be a bridge round and the company has now raised total funding exceeding $70M over six rounds. Magnolia NeuroSciences, the biotech company that’s focused on molecule therapeutics for the prevention of neuronal cell death, has raised $31M in Series A funding from investors that include AbbVie Ventures, ARCH Venture Partners, Eli Lilly and Company, Innovative NY Fund, Johnson & Johnson Innovation – JJDC, The Partnership Fund for New York City, Pfizer Ventures, Watson Fund, WuXi AppTec’s Corporate Venture Fund and 180 Degree Capital Corp. The company is jointly founded by Accelerator Life Science Partners and MD Anderson Cancer Center. 251SHARESFacebookTwitterLinkedin Here are the latest venture capital, seed, and angel deals for NYC startups for 8/13/18. This page will be updated throughout the day to reflect any new fundings.PREVIOUS POSTNEXT POST littleBits $7.8Mcenter_img Tagged With: 180 Degree Capital Corp, AbbVie Ventures, Accelerator Life Science Partners, ARCH Venture Partners, Ayah Bdeir, Eli Lilly and Company, Innovative NY Fund, Joy Tang, littleBits, Magnolia Neurosciences, Markable, MD Anderson Cancer Center, Pfizer Ventures, The Partnership Fund for New York City, Watson Fund According to a recent SEC filing, Markable, the image recognition technology for fashion items that was founded by Joy Tang in 2016, has closed $580K funding as convertible debt out of a total $800K offering. Markable $580K – Convertible Note Magnolia NeuroSciences $31M – Series Alast_img read more

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