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WASHINGTON, Feb. 4, 2021 /PRNewswire/
Class Technologies Inc., the company that created Class, a software that integrates teaching and learning tools with Zoom, announced it has raised $30.75 million in a Series A investment round co-led by Insight Partners and Owl Ventures, with continued support from all previous investors. This financing comes on the heels of the company s launch and a $16 million round of seed financing announced during the third quarter of 2020, bringing the total financing raised to date to $46 million.
The company also announced it has evolved and simplified its corporate name from ClassEDU to
Class Technologies Inc. and can now be found at
UABdigital and Startupbootcamp Fostering Synergies Between Arab Banks and FinTech Startups in an Exclusive Virtual Event startupbootcamp.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startupbootcamp.org Daily Mail and Mail on Sunday newspapers.
SetPoint Medical Raises $64M in Preferred Stock Financing to Support Pivotal Trial for its Novel Bioelectronic Platform
January 27, 2021 09:00 ET | Source: SetPoint Medical SetPoint Medical Valencia, California
VALENCIA, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) SetPoint Medical Corporation today announced raising $64M in a Preferred Stock Financing to support its RESET-RA pivotal trial in patients with rheumatoid arthritis (RA). The company is developing its platform for the treatment of chronic, inflammation-mediated autoimmune diseases and is initially focused on a potentially efficacious, yet less immunosuppressive option for the treatment of RA.
This financing was led by New Enterprise Associates (NEA) and included returning investors Action Potential Venture Capital, Boston Scientific, Topspin Fund, Morgenthaler, Euclidean Capital and an undisclosed strategic investor. New investors including ShangBay Capital, Richard King
/PRNewswire/ Qiming Venture Partners ("Qiming") today announced the final close of our RMB Fund VI at RMB 2.852 billion. Currently, Qiming has $5.9 billion.
UAE based Investment Advisory Firm Sarwa Acquires Experimental Fintech Permit to Offer Services in Saudi Arabia
Dubai-headquartered investment advisory firm
Sarwa is reportedly expanding its business operations to Saudi Arabia after acquiring a temporary or experimental Fintech license from Saudi’s Capital Markets Authority (CMA).
This development has come about a year after Sarwa secured $8.4 million in capital, which was one of the largest investment rounds for a consumer Fintech company in the MENA region.
The financial technology startup offers customers an easy way to invest their savings in various low-cost index funds. With its expansion into Saudi markets, the company will enable local residents and expat workers to use its platform to make strategic investments. As reported by MENABytes, The users will receive a recommended investment portfolio on Sarwa based on their specified goals and appetite for risk. Customers may open accounts via the platform within a few minu