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Stanford genetics professor pays $29M after misleading investors in biotech company

A Stanford University genetics professor has been ordered to pay nearly $30 million in restitution after a judge determined that he misled investors in a now-dissolved biotechnology company he founded, but he is appealing the judgment. ....

Stanford University , United States , Santa Clara County , Stanford School , Christopher Alafi , Moshe Alafi , Stanley Cohen , Christopher Alafi Family , Drug Administration , Stanford School Of Medicine , Santa Clara County Superior Court , Nuredis Inc , Alafi Family , A Stanford University , Alafi Capital , Christopher Alafi Family Trust , Alafi Family Trust , Michael Gardener , Luisa Rapport ,

Stanford genetics professor pays $29M after misleading investors in biotech company

A Stanford University genetics professor has been ordered to pay nearly $30 million in restitution after a judge determined that he misled investors in a now-dissolved biotechnology company he founded, but he is appealing the judgment. ....

Stanford University , United States , Santa Clara County , Stanford School , Christopher Alafi , Moshe Alafi , Stanley Cohen , Christopher Alafi Family , Drug Administration , Stanford School Of Medicine , Santa Clara County Superior Court , Nuredis Inc , Alafi Family , A Stanford University , Alafi Capital , Christopher Alafi Family Trust , Alafi Family Trust , Michael Gardener , Luisa Rapport ,

Patient Square Capital Leads $71M Investment Round in Resolve

With this series B round of financing, Resolve Biosciences has now raised over $100 million. ....

Jason Gammack , Patient Square Capital , Menlo Park , Resolve Biosciences , Molecular Cartography , Alafi Capital ,

Resolve Biosciences Raises $71M in Series B Financing

Resolve said it plans to use the proceeds to scale operations and accelerate product development, including a FISH-based spatial transcriptomics method. ....

Laura Furmanski , Resolve Biosciences , Square Capital , Alafi Capital , Molecular Cartography , Square Capital Partner Laura Furmanski ,

Edifice Health Raises $12M in Funding

Edifice Health, a San Mateo, CA-based immunological health and personalized nutrition company, raised $12m in funding.
The round was led by Leaps by Bayer with participation from Paladin Capital Group, Vertical Venture Partners, Ahren Innovation Capital, Ataraxia Capital Partners, Shanda Grab Ventures, Alafi Capital, and Taisho Pharmaceutical. Seed stage investors include Human Longevity and Performance Impact Venture Fund, Longevity Incubator Fund, Summer Venture Capital, Carlyle Global Advisors, M4 Capital GmbH, and Better Food Ventures.
Leaps by Bayer’s Naveen Krishnan, MD, MPhil, and Paladin Group’s Paul Conley, PhD, will join Edifice’s Board of Directors, alongside Santosh Padki, a San Francisco-based consumer products veteran, and David Furman, PhD, Edifice Founder, Leader of the Stanford Project, and Associate Professor of Applied Artificial Intelligence in Systems and Computational Immunology of Aging at the Buck Institute for Research on Aging. ....

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