Tag: Series A

Renovo Concepts Raises $6.4M Series A Funding for Traumatic Brain Injury Device
Articles, Featured

Renovo Concepts Raises $6.4M Series A Funding for Traumatic Brain Injury Device

The San Antonio medical device company Renovo Concepts announced the completion of its $6.4 million Series A preferred stock fundraising round Thursday. Renovo is developing a way to reduce the damage caused by inflammation setting in after severe traumatic injuries to the brain (TBI) with its Mechanical Tissue Resuscitation (MTR) device. The round was oversubscribed, as the company raised approximately $6.4 million in new money on a stated $6 million offering. Proceeds from this funding round are being used primarily to fund product development, initial manufacturing, and safety human clinical trials. The funds will enable Renovo to get its device through the testing evaluations required by the U.S. Food and Drug Administration. After that point, Renovo will then pursue clinical trial...
Digital Marketing Technology Company Stirista Closes $13M Series A Funding Round
Articles, Featured

Digital Marketing Technology Company Stirista Closes $13M Series A Funding Round

Stirista, a San Antonio-based digital marketing technology company, closed a $13 million Series A funding round, led by Boston-based Wavecrest Growth Partners. Industry veteran ​Dennis Ainge​, a founding executive of TARGUSinfo and a former executive at Neustar, participated in the round, which closed Tuesday. This is the first-ever growth equity financing for Stirista. The most in Series A funding ever invested in a San Antonio company according to Crunchbase was $13.3 million for Earth Class Mail in January 2008. The largest seed round funding in San Antonio was $6.8 million for World's Greatest Videos which closed in December 2018. Stirista specializes in business-to-business (B2B) and business-to-customer (B2C) data services and tools. The company, located in San Antonio’s Highwa...