January 16, 2026
Headlines

Biotech

Scott Plesha, CEO of Pelthos Therapeutics

Horizon Technology Finance Fuels Pelthos Therapeutics’ Commercial Expansion with $50 Million Growth Capital

Editor06 mins

In a strategic move that underscores the growing momentum in the dermatological innovation sector, Horizon Technology Finance Corporation (NASDAQ: HRZN) has announced the closing of a $50 million venture loan facility for Pelthos Therapeutics Inc. (NYSE American: PTHS). The financing structure provides an immediate liquidity injection of $30 million, with an additional $20 million available…

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Ferronova Raises Fresh $6 Million to Advance Image-Guided Cancer Surgery Technology

Editor05 mins

Australian medical technology company Ferronova has secured an additional $6 million in funding to accelerate the commercialisation of its nanoparticle-based, image-guided surgery technology aimed at improving the detection of cancer cells during operations and reducing post-surgical recurrence. The latest raise was led by existing investors Uniseed / UniSuper, the South Australian Venture Capital Fund, Artesian…

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Attivare Therapeutics Secures $6.6 Million Grant to Advance Long-Lasting Malaria Vaccine Innovation

Editor05 mins

Attivare Therapeutics, Inc. has been awarded a $6.6 million grant from the Gates Foundation to accelerate development of a next-generation malaria vaccine designed for durability, affordability, and global accessibility. The funding supports advancement of the company’s proprietary ATTimmune™ bioscaffold platform, with a focus on populations in low- and middle-income countries where cold-chain logistics and repeat…

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Chai Discovery Secures $130 Million Series B, Advancing a New Era of Programmable Biology

Editor06 mins

Chai Discovery, an artificial intelligence–driven biotechnology company focused on molecular design, has announced a $130 million Series B funding round, marking a major milestone in its effort to reengineer how drugs are discovered and developed. The financing values Chai Discovery at $1.3 billion and was co-led by Oak HC/FT and General Catalyst. The latest round…

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Convergen Raises $10M Seed to Advance TrimTAC Platform for Targeted Protein Degradation in Neurodegenerative Diseases – News

Editor04 mins

Biotech startup Convergen has closed $10 million in Seed funding to accelerate development of its TrimTAC platform, a next-generation targeted protein degradation (TPD) technology designed to selectively clear pathogenic protein aggregates. The round was led by Qiming Venture Partners, a leading global venture capital firm specializing in healthcare and life sciences. Convergen’s proprietary TrimTAC platform…

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TRIANA Biomedicines Secures Oversubscribed $120 Million Series B to Advance Molecular Glue Degrader Pipeline

Editor06 mins

TRIANA Biomedicines said on Thursday it had closed an oversubscribed $120 million Series B financing, strengthening its push to bring a new class of molecular glue degraders into the clinic, including its lead candidate, TRI-611, for patients with ALK-positive non-small cell lung cancer (NSCLC). The round was co-led by new investors (Ascenta Capital) and (Bessemer…

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Junevity Closes $20 Million Seed Round to Pioneer Cell Reprogramming with siRNA for Type 2 Diabetes and Obesity

Editor07 mins

Junevity, a pioneering biotechnology company with the ambitious mission of extending human healthspan through advanced cell reprogramming, today announced it has successfully expanded its Seed financing to a total of $20 million with an additional $10 million investment. The new capital was jointly led by Goldcrest Capital and Godfrey Capital, providing the runway necessary to…

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Aether Biomachines Secures $15M to Deploy AI-Designed Proteins, Accelerating America’s Industrial Independence

Editor07 mins

Aether Biomachines, an American artificial intelligence company focused on delivering real-world industrial solutions using AI-designed proteins, today announced it has raised an additional $15 million in funding. The round was led by Tribe Capital, with significant participation from both new and existing investors, including Natural Capital, Henkel Corporation, Resilience Reserve, Shrug Capital, 4DX Ventures, Unless…

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A US$50M Raise Positions Morphocell Technologies at the Center of Regenerative Medicine’s Next Phase

Editor08 mins

In an industry where clinical timelines stretch a decade and financing cycles can make or break scientific ambition, Morphocell Technologies has pulled off a milestone that places it among Canada’s most serious regenerative-medicine contenders. The Montreal-based biotechnology company has completed its full US$50 million Series A raise, adding a fresh US$10 million extension round led…

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Uluu Raises $16 Million to Turn Seaweed into the Next Global Plastic Alternative

Editor07 mins

In a pivotal moment for the materials industry, Australian start-up Uluu has secured AU$16 million in its Series A funding round to build a demonstration facility capable of scaling its seaweed-derived plastic alternative. Headquartered in Perth, Western Australia, the company plans to move from its current 100 kg/year pilot plant to a 10-tonne/year demonstration plant…

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