Series B
Door to Door Organics has raised $25.2 million in Series B funding led by Arlon Group. The company delivered local organic food to customers in five U.S. regions, and has plans to use the new funds for expansion. Existing investor Greenmont Capital Partners also participated in the funding round.
Ziarco, a biotech company focused on inflammatory skin diseases, has completed a $33.1 million Series B financing round, co-led by New Enterprise Associates and Lundbeckfond Ventures. Amgen Ventures also joined existing investors BVF Partners and Pfizer Venture Investments in participating in the round. The company will use the funds for clinical proof of concept data for its two main products, which tackle atopic dermatitis and psoriasis. “We are pleased to have completed this Series B financing and view the participation of new and existing investors as validation of our high-quality clinical programs in underserved dermatological diseases, as well as our seasoned management team,” said Mike Yeadon, Ph.D., President and Chief Executive Officer of Ziarco.
Spirometrix, which focuses on offering breath analysis devices, has closed an $8.6 million Series B preferred stock financing round. NGK Spark Plug led the round, with participation from current investor Simul Investments. “We are excited to have NTK as an investor, strategic partner, and member of our Board of Directors, given NTK’s commitment to high-quality sensor design and manufacturing,” said J. Dean Zikria, CEO of Spirometrix. “This is a significant step in our strategy of creating a unique offering in the asthma space that includes sensors as well as a digital ecosystem allowing for insights leading to better clinical decision support.”
Funding
Collaboration software provider Evernote has announced a partnership with Japanese media conglomerate Nikkei. As part of the deal, Nikkei has invested $20 million into Evernote, which will use the Japanese company’s content in its new Context feature. “We are honored to be entering a new business alliance with Nikkei, a company that is respected throughout the world for its top-class editorial,” said Evernote CEO Phil Libin. “This multifaceted partnership gives us an opportunity to pair that important and timely content with Evernote’s workspace-enhanced features for a direct and positive impact on the way people work and share knowledge every day.”