Ambrosia Biosciences Announces $25MM Series A Financing, Including Strategic Investment by Merck

Boulder, CO – December 10th, 2024 – Ambrosia Biosciences Inc. (“Ambrosia”), today announced the successful second closing of its Series A financing. This closing was led by Merck, known as MSD outside the United States and Canada, with additional participation from existing investors BVF Partners and Boulder Ventures. This additional capital brings Ambrosia’s total Series A financing to $25MM.

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Matt Paulambrosia
PeopleReign announces record growth, investment from John Chambers’ VC firm

SAN JOSE, CA, USA, December 10, 2024 /EINPresswire.com/ — PeopleReign, the industry-leading SaaS platform that automates IT and HR employee service, today announced 600% year over year annually recurring revenue (ARR) growth thanks to increasing adoption of its System of Intelligence AI platform that gives every employee back four to six hours of productive time per week. 

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Matt Paulpeoplereign
Armando Menocal (1941-2024) Climber, Guide and Founder of the Access Fund

Armando Menocal, a Cuban-American civil rights lawyer and passionate climber who played a pivotal role in securing and preserving climbing access across the United States and Latin America, passed away on October 20, 2024, after a battle with lung cancer. He was 83.

A tireless advocate for climbers, he dedicated decades of his life to ensuring the sport remained accessible and minimally regulated. He is survived by his wife, Laura Rodriguez; his three sons, Matt, Diego, and Luis Manuel; his grandchildren, Alejandro, Ariel, Sierra, Wyatt, and Amelia; and his beloved dog, Wasabi. His son Marshall predeceased him in 2023.

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Matt Paul
OnKure Announces Closing of Merger with Reneo Pharmaceuticals and Concurrent Private Placement of $65 Million

OnKure Therapeutics, Inc. (Nasdaq: OKUR) (“OnKure”), a clinical-stage biopharmaceutical company focused on the development of novel precision medicines in oncology, today announced the completion of its previously announced merger of OnKure, Inc. and Reneo Pharmaceuticals, Inc. (“Reneo”). The combined company will operate under the name OnKure Therapeutics, Inc., and its shares are expected to begin trading on the Nasdaq Global Market on October 7, 2024 under the ticker symbol “OKUR”.

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Matt PaulOnKure
Ambrosia Biosciences Announces $16MM Series A Financing

Boulder, CO – August 20, 2024 – Ambrosia Biosciences Inc. (“Ambrosia” or “the Company”), today announced the successful first closing of its Series A financing. The financing totaled $16 Million and was led by BVF Partners and Boulder Ventures. Ambrosia’s financing will be used to scale up its drug discovery programs and laboratory operations in Boulder, CO.

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Matt Paulambrosia