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Polyphron has raised $20 million to scale an automated foundry that grows living human heart tissue and uses it to predict drug toxicity before clinical trials.
French venture firm AdBio has opened its first office in Montréal, backed by a €120-million Fund III that includes capital from Québec’s Fonds de solidarité FTQ.
Atomic Machines, a Bay Area startup founded by a former Amazon Prime and Uber executive, has emerged from six years in stealth with $250 million raised.
Hopper has reduced its workforce shortly after Dakota Smith, co-founder and CEO of its enterprise division, departed the company. BetaKit reported the cuts on Thursday.
Rein Security Inc. has closed a $25 million Series A round led by Glilot Capital, with participation from Sienna Venture Capital, Corner Ventures, Atlacle.