Access to capital is pivotal to the growth of emerging New Jersey innovation-focused companies. Garden State businesses continue to attract the capital they need to grow. Below is a summary roundup by month of the many of the companies that have received investments, as well as a roundup by month of many mergers and acquisitions. Click on each company’s name to learn more.
Important note: The monthly summaries below are not intended to be exhaustive lists of all of the investments/mergers and acquisitions within New Jersey. They are are compiled from outside sources available to the New Jersey Economic Development Authority (NJEDA), including Pitchbook, as well as other publicly-available websites.
EMAIL NJINVESTMENTS@NJEDA.COM TO SEND US INVESTMENTS YOU WOULD LIKE TO SEE HIGHLIGHTED.
eXPLORE rECENT iNVESTMENTS AND mERGERS & aCQUISTIONS
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Extremity Medical | extremitymedical.com | Parsippany | Life Sciences | Designer and manufacturer of arthroplasty and fixation systems designed to ease treatment of distal extremities. The company’s products include intraosseous fixation devices, charcot fixation systems, fusion devices, beaming systems, intra-osseous fixation devices, staple systems, medical hammertoe devices, compression screws, and ankle fusion systems, for hand, wrist, foot, and joint, enabling surgeons to improve patient outcomes. | $21,000,000 | 12/1/2023 | N/A | Debt Refinancing |
Agile Infusion Services | www.agileiv.com | Hackensack | Life Sciences | Provider of infusion and injection care services designed to provide a safe and comfortable experience for patients receiving specialty treatments. The company’s platform offers a streamlined process for healthcare providers to refer patients, manage prior authorizations, and ensure timely access to medications, enabling patients to receive their prescribed care efficiently and without disruption to their ongoing care plans. | N/A | 12/1/2023 | N/A | PE Growth/Expansion |
Acuitive Technologies | www.acuitivetech.com | Allendale | Life Sciences | Manufacturer of surgical medical devices intended to advance the art and science of orthopedic surgery. The company develops material technologies in combination with unique device designs that more effectively address the clinical problems facing current orthopedic devices, providing customers with safe and effective devices through material advancements, unique designs, and cost-conscious manufacturing. | $18,720,000 | 12/8/2023 | Douglas Gabel, Stryker | Later Stage VC |
EmergeGen | www.emergegen.ai | Rumson | Information & High Technology | Developer of data platform designed to help businesses harness the capabilities of artificial intelligence to create automated, data-driven solutions. The company’s platform offers a range of data security, data integrity, and data monetization solutions, enabling businesses to gain a competitive edge and unlock valuable insights from their data. | $200,000 | 12/8/2023 | N/A | Seed |
RICOVR Healthcare | www.ricovr.com | Princeton | Life Sciences | Developer of a saliva-based biosensor testing device designed for rapid point-of-care testing. The company’s platform uses a small drop of saliva to provide high-quality, cost-effective results in approximately five minutes and can quantitatively detect disease biomarkers even present in low quantity, enabling employers, healthcare systems, and law enforcement to access non-invasive testing devices. | $2,000,000 | 12/12/2023 | Achari Ventures, Floret Ventures, HALLEY Venture Partners, New Jersey Economic Development Authority | Later Stage VC |
Ventis Medical | www.ventismed.com | Princeton | Life Sciences | Developer of a medical device designed to expand access to ventilators by replacing manual devices. The company’s device is efficient with settings automatically configured for common emergencies, and is reliable and lightweight, with battery power for transport, enabling medical professionals to deliver the common ventilatory modes with minimal training. | $1,010,000 | 12/13/2023 | GHO Ventures | Seed |
Arcanna.ai | www.arcanna.ai | Roseland | Information & High Technology | Developer of automation and big data analytics platform designed to offer customized answers for decision-making and business growth. The company offers a threat intelligence solution that is both scalable and leverages advanced analytics as well as manages AIOps adoption using big data and machine learning, enabling businesses to gather data from infrastructure, applications, and security tools and devices with automation capabilities. | $3,500,000 | 12/19/2023 | Defined, Isometric Ventures, John Stewart, Lytical Ventures, Nipun Gupta, Orange Fab France, Osage Venture Partners, Red Shepherd Ventures, Shepherd Chartered Surveyors, Techcelerator | Seed |
Neuroview Technology | www.neuroviewtech.com | Englewood | Life Sciences | Developer of minimally invasive implantable electroencephalogram monitors with the first indication to provide an objective biometric for epilepsy burden. The company’s brain monitoring information is sent to the cloud via the patient’s smartphone and in the cloud the data is stored, analyzed, and associated with other relevant demographic and medical features using artificial intelligence and machine learning methods knowledge is derived creating a stable knowledge base that improves management, lowers cost and provides objective, metrics for the medical domain, enabling patients to recover sooner from epilepsy. | $250,000 | 12/19/2023 | N/A | Seed |
Origami Surgical | www.origamisurgical.com | Madison | Life Sciences | Developer of a single-use canister intended to improve endoscopic robotic surgery outcomes. The company’s product utilizes a patented suture delivery and retrieval design and can be inserted and withdrawn from the surgical field through a trocar cannula, enabling doctors to get increased surgical efficiency. | $1,390,000 | 12/19/2023 | N/A | Later Stage VC |
Texture | www.texture.energy | Short Hills | Information & High Technology | Developer of a data platform designed to bridge all your energy sources and uses. The company’s platform provides the infrastructure to build, manage, and monetize ideas on the grid, with scale, velocity, and intelligence as per the need, enabling clients to build intelligent and responsive energy systems. | $7,230,000 | 12/19/2023 | N/A | Seed |
EventVestor | www.eventvestor.com | Princeton | Finance and Professional Services | Developer of cloud-based financial data and intelligence platform designed to provide efficient data collection, sophisticated data analysis, and flexible data provisioning. The company’s comprehensive events data platform captures highly granular quantitative and qualitative data points as well as risk management, along with a unique enhancement to the earnings calendar, providing better context to the quarterly earnings announcements, enabling clients to build alpha-generating algorithmic models. | $750,000 | 12/20/2023 | N/A | Angel |
Impact XM | www.impact-xm.com | Dayton | Finance and Professional Services | Provider of experiential marketing services across business and consumer trade shows, user conferences, event activations and digital engagements. The company offers strategy, design, program management, fabrication, logistics and storage of displays for exhibits, events and environments and it also rents displays and various equipment used in displays, including audio/visual equipment, tables/chairs and food/beverage service, thereby helping clients achieve authentic engagement with their brand. | N/A | 12/20/2023 | N/A | PE Growth/Expansion |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Agile Infusion Services | www.agileiv.com | Hackensack | Life Sciences | Provider of infusion and injection care services designed to provide a safe and comfortable experience for patients receiving specialty treatments. The company’s platform offers a streamlined process for healthcare providers to refer patients, manage prior authorizations, and ensure timely access to medications, enabling patients to receive their prescribed care efficiently and without disruption to their ongoing care plans. | N/A | 12/1/2023 | N/A | PE Growth/Expansion |
AtomicJar | www.atomicjar.com | Newark | Information & High Technology | Developer of integration testing platform designed to build tools that developers like, and change automated testing for the better. The company offers simpler methods for unit and domain testing with containers and anything running inside containers, against the many dependencies code that integrate within production, enabling developers with ease of tools across the software development cycle. | N/A | 12/11/2023 | Docker | Merger/Acquisition |
Trend Intermodal Chassis Leasing | www.trendchassis.com | Kearny | Finance and Professional Services | Provider of alternative leasing services catering to the intermodal trucking industry. The company offers a range of equipped chassis and multi-loading capacity equipment on term lease, thereby enabling access to less restrictive and cost-effective leasing options. | N/A | 12/12/2023 | N/A | Buyout/LBO |
CardCash | www.cardcash.com | Brick | Finance and Professional Services | Developer of online gift-card exchange platform designed to turn gift cards into discounts. The company’s platform features the ability to buy, sell and trade unused gift cards using a secure online exchange that converts unused cards into cash, enabling retail outlets to realize additional profits from the utilization of the gift cards and individuals to have covert gift cards in the form of cash. | $2,000,000 | 12/13/2023 | RDE | Merger/Acquisition |
Impact XM | www.impact-xm.com | Dayton | Finance and Professional Services | Provider of experiential marketing services across business and consumer trade shows, user conferences, event activations and digital engagements. The company offers strategy, design, program management, fabrication, logistics and storage of displays for exhibits, events and environments and it also rents displays and various equipment used in displays, including audio/visual equipment, tables/chairs and food/beverage service, thereby helping clients achieve authentic engagement with their brand. | N/A | 12/20/2023 | N/A | PE Growth/Expansion |
ForeFront (New Jersey) | www.forefrontcorp.com | Fair Haven | Information & High Technology | Provider of cloud-based information technology (IT) services intended to deliver business transformation and cloud technology to forward-thinking market leaders. The company offers its services in the fields of cloud strategy, custom app development, systems integration, agile delivery and change management, with expertise in B2B commerce, quote-to-cash, asset lifecycle management, and salesforce data governance, thereby enabling enterprise-wide digital transformation. | N/A | 12/20/2023 | Neoris | Buyout/LBO |
Chemtech Consulting | www.chemtech.com | Mountainside | Clean Tech | Operator of environmental laboratory analytical testing. | N/A | 12/22/2023 | Alliance Technical Group | Buyout/LBO |
ClorDiSys | www.clordisys.com | Branchburg | Advanced Manufacturing | Manufacturing of decontamination and sterilization equipment for all types of facilities and applications. | N/A | 12/28/2023 | Allentown | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
BlinkLab | www.blinklab.org | Princeton | Life Sciences | Developer of a smartphone application designed to diagnose neurodevelopmental delays in young children. The company’s application utilizes advanced facial recognition and artificial intelligence techniques to train people to blink when they hear a tone by pairing a blink-inducing stimulus such as a flash of light with an unrelated stimulus like an audible tone, enabling doctors to diagnose and monitor neurological disorders such as schizophrenia, autism, attention deficit hyperactive disorder in a cost-effective manner. | N/A | 11/1/2023 | Jade Ventures, Princeton University Investment Company | Later Stage VC |
Pente (Telecommunications Service Providers) | www.pentenetworks.com | Hackensack | Information & High Technology | Provider of enterprise LTE services intended to deliver end-to-end, wireless communications to enterprises. The company focuses on the Internet of things-related data, security, traffic handling, and machine control, and leverages the mobile core infrastructure to develop new business models, and scale operations, enabling clients to significantly reduce current network operating costs while adding security measures and enterprise mobility management functionalities. | N/A | 11/1/2023 | EASME – EU Executive Agency for SMEs, Fujitsu Ventures, Global Brain, INcapital Ventures, Magma Venture Partners, Wayra | Later Stage VC |
Inttra | www.inttra.com | Parsippany | Advanced Transportation & Logistics | Developer of neural network and information platform designed for the ocean shipping industry. The company’s cloud-based platform processes and manages shipments, streamlines and standardizes shipping processes worldwide, thereby reducing the cost and improving performance across the entire container shipping lifecycle. | N/A | 11/1/2023 | E2open | PE Growth/Expansion |
Income Discovery | www.incomediscovery.com | NJ | Finance and Professional Services | Provider of retirement planning services intended to streamline retiree disbursals with a consistent, tax-optimized payment intended with a personalized tax-optimal paycheck in retirement. The company’s intelligent engine offers options to determine a personalized optimal strategy for each retiree discovers the precise plan that aims to increase a retiree’s paycheck by as much as 30% or increase a retiree’s after-tax legacy by 5 times, enabling customers to get safe retirement income. | $1,170,000 | 11/3/2023 | Bernard Rudnick, Bodhi Capital, Leo Wang, Misha Esipov | Angel |
z.Pax | www.z-pax.com | Manalapan | Life Sciences | Developer of healthcare platform intended for powering Skilled Nursing Facility (SNF) partners like the connect application. | $1,330,000 | 11/3/2023 | N/A | Seed |
Audience Town | www.audiencetown.com | Newark | Information & High Technology | Developer of a data and advertising technology platform designed for real estate and home marketers looking to drive qualified leads and business outcomes. The company’s platform allows marketers to reach their customers at every stage of the home journey, from dreaming of a new home to moving day and beyond, helping marketers to place, manage, and track ad performance across all digital channels including streaming television, audio, video, mobile, and display. | $2,000,000 | 11/7/2023 | Aperiam Ventures, Moderne Ventures, Wasatch Equity Partners | Later Stage VC |
Nubis Communications | www.nubis-inc.com | New Providence | Information & High Technology | Developer of optical communications technology designed to hasten the transition to next-generation optics. The company innovates in photonics, electronics, packaging, and manufacturing to create optics that are compact, scalable and low-power than existing options, enabling developers to run powerful computing, AI and machine learning algorithms | $15,000,000 | 11/7/2023 | Comerica Bank, Ericsson Ventures, GV, imec.xpand, LaunchCapital, Matrix Partners, Sehat Sutadja, TDK Ventures, Weili Dai | Early Stage VC |
Volante Technologies | www.volantetech.com | Jersey City | Finance and Professional Services | Developer of cloud payments and financial messaging software intended to accelerate digital transformation and modernization. The company’s platform offers financial message automation and end-to-end payment processing services, enabling clients to address the challenges in the financial message and data integration in order to simplify complex systems and processes in payments and capital markets. | $66,000,000 | 11/7/2023 | N/A | PE Growth/Expansion |
Princeton NuEnergy | www.pnecycle.com | Bordentown | Clean Tech | Provider of lithium-ion battery recycling services intended to perform diagnostics of second-life batteries. The company regenerates cathodes, anodes, electrolytes, solvents, and other lithium-ion battery materials with a novel and clean process, helping clients restore cathode and anode materials without completely breaking down the chemical compounds. | $24,000,000 | 11/9/2023 | AI Basis, Cleantech Open Northeast, Greenland Technologies Holding, GS Futures, Honda Motor Company, IP Accelerator Fund, New Jersey Economic Development Authority, Shell Ventures, Traxys, U.S. Department of Energy, U.S. Office of Energy Efficiency and Renewable Energy, Wistron, Wistron Medical Technology, WorldQuant Ventures | Early Stage VC |
Silk Security | www.silk.security | Bergenfield | Information & High Technology | Developer of security platform designed to manage and remediate security findings. The company’s platform enables operations and security stakeholders to collaboratively align finding risk with fixing risk enhancing enterprise security posture and centralizing visibility and audibility for resolution status, enabling businesses to take a strategic, sustainable approach to resolve code, infrastructure, and application risk. | $12,500,000 | 11/10/2023 | Cross River Digital Ventures, CrowdStrike Holdings, Hetz Ventures, Insight Partners, Michael Boodaei, Rakesh Loonkar, Shlomo Kramer | Seed |
Hainesport Transportation Group | www.thehtg.com | Hainesport | Advanced Transportation & Logistics | Provider of waste logistics services intended for companies involved with solid waste streams. The company offers a wide range of cradle-to-grave disposal and recycling solutions for multiple waste streams through a transportation network coordinated with both truck and rail, enabling the waste management industry to reduce costs and improve efficiency. | N/A | 11/13/2023 | N/A | PE Growth/Expansion |
HealthArc | www.healtharc.io | Hackensack | Life Sciences | Developer of a medical technology intended to help doctors and hospitals connect patients. The company provides an in-home care solution with technology devices that include measuring vitals, blood pressure, weighing scales and spirometers, enabling doctors and hospitals to create profitable chronic care management and remote patient monitoring programs. | $5,000,000 | 11/15/2023 | ScOp Venture Capital | Seed |
Transcend | www.transcendstreet.com | Piscataway | Information & High Technology | Developer of a capital market platform designed to solve the challenges of both current and future capital markets. The company’s platform offers inventory intelligence, cash and liquidity intelligence, booking service, transfer pricing, and integration service, enabling global market participants to achieve quality performance results through technology that enhances liquidity, funding, and inventory decisions within a business line or across the enterprise. | N/A | 11/15/2023 | Citigroup, Nyca Partners | Later Stage VC |
Ambit | www.ambitinc.com | Morristown | Life Sciences | Provider of tech and data-enabled healthcare services intended to focus on rare and specialty diseases. The company provides strategic services, patient identification, and analytics to biopharma companies developing life-altering therapies for patients with rare and specialty diseases, enabling patients to avoid long searches and take control of their medical journey. | $4,500,000 | 11/22/2023 | N/A | Early Stage VC |
Ecopreneur (Business/Productivity Software) | www.ecopreneurmedia.com | West Orange | Information & High Technology | Developer of a volunteer platform designed to help schools and students manage, track, and fulfill volunteer hours. The company offers an online database that students can use to find opportunities organized by municipalities and nonprofits in their local area and school administrators can track their students’ volunteer hours, manage multiple groups such as NHS/JNHS (National Honor Society/Junior National Honor Society) and sports/extracurricular activities, and collect personalized student data to present to colleges, enabling youth to get volunteer opportunities and create a lasting sustainable, circular economy through brand and nonprofit collaborations. | $150,000 | 11/22/2023 | N/A | Seed |
The Big Point of Sale | www.thebigpos.com | Fairfield | Information & High Technology | Operator of a market integration platform intended for mortgage professional needs. The company’s platform offers a conversational multi-path dynamic application questionnaire fully integrated with a tasks-based rules engine Instead of complex borrower-facing loan applications, enabling clients to dynamically create application workflow based on their own needs. | $3,230,000 | 11/28/2023 | N/A | Seed |
Conduiit | www.conduiit.app | Jersey City | Information & High Technology | Operator of a cloud-based fintech platform intended for boosting profitability in film and television productions. The company’s platform offers a variety of services including streamlining the audit process, reducing file management time, reducing email clutter and data entry, training new employees, identifying errors in advance, and receiving real-time notifications, providing businesses with a comprehensive suite of tools to streamline financial processes. | $1,000,000 | 11/30/2023 | Aperture Venture Capital, Collide Capital, Fiat Ventures, Hiro Mizushima | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Inttra | www.inttra.com | Parsippany | Advanced Transportation & Logistics | Developer of neural network and information platform designed for the ocean shipping industry. The company’s cloud-based platform processes and manages shipments, streamlines and standardizes shipping processes worldwide, thereby reducing the cost and improving performance across the entire container shipping lifecycle. | N/A | 11/1/2023 | E2open | PE Growth/Expansion |
Synchronoss (Messaging & NetworkX Business Units) | N/A | Bridgewater | Information & High Technology | Developer of communication software based in Bridgewater, New Jersey. | N/A | 11/1/2023 | Lumine Group | Merger/Acquisition |
VYNE Therapeutics | www.vynetherapeutics.com | Bridgewater | Life Sciences | VYNE Therapeutics Inc is a biopharmaceutical company focused on developing proprietary, innovative and differentiated therapies for the treatment of immuno-inflammatory conditions. Its most advanced product candidate is FMX114, which is being evaluated for the potential treatment of mild-to-moderate AD (atopic dermatitis). The company is also in the pre-clinical stages of developing products containing BET (Bromodomain and Extra-Terminal Domain) inhibitor compounds. Its products include AMZEEQ, ZILXI, and FCD105. | $88,200,000 | 11/1/2023 | N/A | PIPE |
Cambrex (Drug Product Business Unit) | N/A | Whippany | Advanced Manufacturing | Provider of product development, clinical and commercial manufacturing, and packaging services based in the United States. | N/A | 11/2/2023 | Noramco | Buyout/LBO |
Safe Way Freezer | www.safewayfreezer.com | Vineland | Advanced Transportation & Logistics | Provider of logistics services based out of United States. The company offers warehouse management services, product handling, blast freezing, freight brokerage services and inspection services. | $37,000,000 | 11/2/2023 | AmeriCold Logistics | Merger/Acquisition |
Halo Pharmaceutical | www.halopharma.com | Whippany | Life Sciences | Provider of contract-based pharmaceutical development and manufacturing services. The company offers fully integrated capabilities in a variety of dosage forms including tablets, capsules, powders, liquids, creams, sterile and nonsterile ointments and suppositories. | N/A | 11/2/2023 | Noramco | Buyout/LBO |
Smartlinx Solutions | www.smartlinx.com | Iselin | Information & High Technology | Developer of an end-to-end workforce and human capital management software for skilled nursing, senior living and post-acute care providers. The company’s comprehensive solution suite includes talent acquisition and onboarding, human resources, benefits and payroll, time and attendance, scheduling, compliance and business analytics, helping organizations to proactively manage their workforce, increase productivity and reduce costs by enhancing employee engagement, simplifying compliance and streamlining scheduling and attendance. | N/A | 11/3/2023 | N/A | Buyout/LBO |
Tabula Rasa Healthcare | www.tabularasahealthcare.com | Moorestown | Life Sciences | Tabula Rasa HealthCare Inc is engaged in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. The cloud-based software solutions of the company help prescribers, pharmacists, and healthcare organizations in managing the medication-related needs of patients. The firm operates the business through two segments namely CareVention HealthCare and MedWise HealthCare. | $570,000,000 | 11/3/2023 | Exact Care Pharmacy | Merger/Acquisition |
Volante Technologies | www.volantetech.com | Jersey City | Finance and Professional Services | Developer of cloud payments and financial messaging software intended to accelerate digital transformation and modernization. The company’s platform offers financial message automation and end-to-end payment processing services, enabling clients to address the challenges in the financial message and data integration in order to simplify complex systems and processes in payments and capital markets. | $66,000,000 | 11/7/2023 | N/A | PE Growth/Expansion |
IO Connect Services | www.ioconnectservices.com | Warren | Information & High Technology | Operator of an information technology consultancy platform intended to provide IT solutions for a connected world. The company offers a team of nearshore and onshore technology transformation experts who will provide clients with cloud migration, building, connecting applications, and deliver IT consultations on a short- or long-term basis from anywhere in the world, enabling organizations to achieve their goals. | N/A | 11/8/2023 | N/A | Buyout/LBO |
Amneal Pharmaceuticals | www.amneal.com | Bridgewater | Life Sciences | Amneal Pharmaceuticals Inc is a generic pharmaceutical manufacturer. The company’s reportable segments are Generic Products, Specialty products, and AvKARE. The Generics segment develops, manufactures and commercializes complex oral solids, injectables, ophthalmics, liquids, topicals, softgels, inhalation products, and transdermals, and the Specialty segment is engaged in the development, promotion, sale and distribution of proprietary branded pharmaceutical products. The AvKARE segment provides pharmaceuticals, medical and surgical products, and services primarily to governmental agencies. | N/A | 11/8/2023 | N/A | PIPE |
Intercept Pharmaceuticals | www.interceptpharma.com | Morristown | Life Sciences | Intercept Pharmaceuticals Inc is a biotech company focused on developing and commercializing novel therapeutics to treat progressive non-viral liver diseases. Obeticholic acid, or OCA, is an agonist of the farnesoid X receptor. OCA was approved as Ocaliva to treat primary biliary cirrhosis in 2016 and is being developed for a variety of chronic liver diseases, including nonalcoholic steatohepatitis, or NASH. | $794,000,000 | 11/8/2023 | Alfasigma | Merger/Acquisition |
Hainesport Transportation Group | www.thehtg.com | Hainesport | Advanced Transportation & Logistics | Provider of waste logistics services intended for companies involved with solid waste streams. The company offers a wide range of cradle-to-grave disposal and recycling solutions for multiple waste streams through a transportation network coordinated with both truck and rail, enabling the waste management industry to reduce costs and improve efficiency. | N/A | 11/13/2023 | N/A | PE Growth/Expansion |
Engineered Energy Solutions | www.ees-inc.com | Warren | Advanced Manufacturing | Provider of control system integration services catering to the pharmaceutical, manufacturing, chemical and telecommunications industries. The company specializes in the efficient and reliable control of building systems and offers BACnet building controllers, The CBXi Series is a range of programmable BACnet controllers as well as building systems, thereby helping clients lower operational costs, provide increased reliability, and create substantial savings. | N/A | 11/15/2023 | Investment Consulting Services | Merger/Acquisition |
Ternary Developments | www.ternarydev.com | Montvale | Information & High Technology | Developer of subscription membership management platform designed to offer end-to-end customer relationship management business applications to creators and communities. The company’s platform integrates securely with the website, payment processor, and discord to create a seamless connection, enabling users to identify and manage the most loyal community members from a single screen. | N/A | 11/21/2023 | Asset Entities | Merger/Acquisition |
Exato.ai | www.exato.ai | Princeton | Information & High Technology | Operator of a conversational AI platform intended to automate customer service experiences. The company uses AI-powered dialog management systems, generative AI capabilities, and integration with voice platforms and APIs thereby helping clients achieve customer and employee experience with specific business outcomes, fostering lasting success in today’s competitive landscape. | N/A | 11/26/2023 | Braiin | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Adirna Therapeutics | www.adirnatx.com | Westfield | Life Sciences | The company is currently operating in stealth mode. | N/A | 10/1/2023 | Westfield BioVentures | Early Stage VC |
Afsartech | N/A | Rutherford | Life Sciences | Developer of a dental care platform intended to offer expandable dental sealer. The company is currently operating in stealth mode. | $270,000 | 10/1/2023 | National Science Foundation | Grant |
ESAS (Personal Products) | www.esasnyc.com | Whitehouse Station | Advanced Manufacturing | Manufacturer of natural beauty products intended to provide a healthier and more sustainable alternative to traditional cosmetics. The company’s platform uses a blend of organic ingredients that are free of toxins and harmful chemicals, sustainable packing materials, and carbon-neutral shipping, enabling customers to get natural beauty products that are environmentally friendly. | N/A | 10/1/2023 | Ad Astra Ventures, Crescent Ridge | Accelerator/Incubator |
Smart Vent Products | www.smartvent.com | Mount Royal | Advanced Manufacturing | Manufacturer of flood vents and provider of disaster assistance services intended to serve residential and commercial customers. The company’s product includes insulated, dual-function smart vents, insulated garage door, custom multi-frame, fire damper and flood vent sealing kits, thereby helping its customers to be prepared and protect their building foundation by allowing bidirectional water flow that relieves hydrostatic pressure. | N/A | 10/1/2023 | N/A | PE Growth/Expansion |
Visionet Systems | www.visionet.com | Cranbury | Information & High Technology | Provider of digital technology services catering to retail, banking and financial services, food and beverage, manufacturing and distribution, and life sciences industries. The company offers data modernization and management, digital consulting and commerce, transformation, omnichannel enablement, and business process outsourcing services, helping businesses optimize their systems, seamless integrations and interoperability, and enabling intelligent data and business process management. | N/A | 10/1/2023 | N/A | PE Growth/Expansion |
Davinci Micro Fulfillment | davincimicrofulfillment.com | Bound Brook | Advanced Transportation & Logistics | Provider of e-commerce fulfillment and merchandising services intended to alleviate common pain points in the e-commerce ecosystem. The company’s services provide an end-to-end key for a brand to ensure that appropriate products are offered for each dot-com channel, merchandised effectively, and drive increased inventory turns, low freight costs, and ship time to the consumer, enabling brands and retailers to market, sell, fulfill and ship their products by using technology in a physical location network. | $3,100,000 | 10/3/2023 | Faropoint, Las Olas Venture Capital, Silicon Road, Venture 53 | Seed |
Money.Net | www.money.net | Morganville | Information & High Technology | Developer of a financial software designed to offer market insights via relevant news. The company provides real-time live-streaming financial market information, advanced charting and customizable professional investor tools, enabling investors and traders to get comprehensive financial services. | $850,000 | 10/3/2023 | N/A | Later Stage VC |
Balcony (Investment Banks) | www.balcony.technology | Hoboken | Finance and Professional Services | Developer of a blockchain technology platform designed for the real estate ecosystem. The company’s platfrom leverages distributed ledger technology and offers the real estate ecosystem a blockchain-based solution, enabling clients with improved security, automation, transparency, integration, and interoperability | $1,260,000 | 10/4/2023 | N/A | Seed |
Neuralift.Ai | www.neuralift.ai | Livingston | Information & High Technology | Operator of a deep learning-based platform intended to gather customer data to improve conversion rates and lift marketing ROI. The company’s platform helps in analysing ROI, enabling marketers to have a neural network to superpower performance of paid media, owned media, products, pricing and programs. | $1,000,000 | 10/6/2023 | N/A | Seed |
Starton Therapeutics | www.startontx.com | Paramus | Life Sciences | Starton Therapeutics Inc is a clinical-stage biotechnology company transforming standard-of-care therapies with proprietary continuous delivery technology, so people with cancer can receive continuous treatment to live better, and longer. Starton’s proprietary continuous delivery technology can increase the efficacy of approved drugs, make them more tolerable, and expand their potential use. | $3,440,000 | 10/11/2023 | N/A | Later Stage VC |
1Huddle | www.1huddle.co | Newark | Information & High Technology | Developer of a game-based workforce training platform designed to onboard, upskill, and develop employees. The company’s platform converts boring training material into competitive games that are proven to improve employee engagement and performance, enabling businesses to carry out sales and service training and education programs for their employees in a fun and interactive way. | N/A | 10/12/2023 | 500 Global, Audible, Bigfoot Capital, EMERGING Fund, Humbition, New Jersey Commission on Science, Innovation and Technology, Newark Venture Partners, NRD Capital, SVB Financial Group, Tribeca Venture Partners | Later Stage VC |
BioAegis Therapeutics | www.bioaegistherapeutics.com | North Brunswick | Life Sciences | Operator of a clinical-stage drug development platform intended to facilitate the treatment of inflammation and infectious diseases. The company’s platform specializes in the research and development of drugs to restore plasma gelsolin – innate immunity that provides an immunotherapeutic approach to fighting pathogens, enabling hospitals to begin treatment and result in a high likelihood of successful treatment. | $20,000,000 | 10/16/2023 | Biomedical Advanced Research and Development Authority, European Investment Fund, National Institute Of Allergy and Infectious Diseases | Grant |
Claris Bio | www.clarisbio.com | Jersey City | Life Sciences | Developer of a topical formulation technology designed to cure corneal wounds, ulcers, and scars of patients. The company’s technology creates a recombinant hepatocyte growth factor that accelerates the healing process, enabling healthcare professionals to get access to noninvasive therapeutic treatment and patients to recover faster and stay fit. | $44,500,000 | 10/19/2023 | Mass General Brigham Ventures, Novo Holdings, RA Capital Management | Later Stage VC |
HealthEC | www.healthec.com | Edison | Life Sciences | Developer of a medical data management platform intended to aggregate clinical, claims, and community-based information. The company’s services focus on integrating data from EHRs, laboratory systems, payers’ claim submissions, HIEs, and data warehouses to improve patient outcomes, identifying provider-specific patterns, and guide patient care interventions, enabling clients to manage costs through its actionable insights that can improve outcomes across multiple dimensions. | $5,000,000 | 10/24/2023 | HLM Venture Partners, Labcorp Ventures | Later Stage VC |
Cranium | www.cranium.ai | Short Hills | Information & High Technology | Developer of an artificial intelligence (AI) security and trust platform designed to provide security and trust to the AI revolution. The company’s platform offers minimal configurations, no-code analysis and rapid time-to-value and allows organizations to quickly gather and share information about the trustworthiness and compliance of their AI models with their third parties, clients, and regulators, enabling organizations to monitor their entire AI and ML infrastructure securely and automatically map and visualize their AI pipelines, serving the target market of organizations implementing AI in their business processes. | $25,000,000 | 10/26/2023 | Gerhard Eschelbeck, Jay Leek, Joyce Brocaglia, KPMG, Ryan Permeh, Scott Alfeld, SYN Ventures, Telstra Ventures | Early Stage VC |
Durin Technologies | www.durintechnologies.com | Mullica Hill | Life Sciences | Operator of a diagnostic tests development company intended to measure certain autoantibodies in serum associated with neurodegenerative diseases. The company’s technology helps in the detection of Alzheimer’s disease using blood and is also used for the detection of Alzheimer’s and Parkinson’s disease, enabling surgeons to detect signs of a particular disease and securely diagnose a patient’s illness. | $3,500,000 | 10/26/2023 | Breakthrough Diagnostic LLC, Foundation Venture Capital Group, Michael J. Fox Foundation | Later Stage VC |
Vuja De Sciences | www.vujade-life.com | Hoboken | Life Sciences | Developer of cancer metastasis treatment designed to prevent cancer progression and recurrence. The company develops products for osteosarcoma, a rare bone cancer that largely affects adolescents and then extends to other cancers, enabling physicians to reduce deaths due to cancer recurrence. | $390,000 | 10/30/2023 | N/A | Later Stage VC |
VipHomeLink | www.viphomelink.com | Morristown | Information & High Technology | Developer of a digital home management application designed to simplify homeownership. The company’s platform helps modern homeowners save time and money maintaining, organizing, and improving their homes and the application also provides a “gamified” digital dashboard that lets consumers build a profile of their home, enabling members to store valuable documents, track renovation projects, create a home inventory for insurance purposes, and receive home maintenance advice and notifications. | N/A | 10/31/2023 | New Jersey Economic Development Authority | Early Stage VC |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Smart Vent Productsre & Cable | www.smartvent.com | Mount Royal | Advanced Manufacturing | Manufacturer of flood vents and provider of disaster assistance services intended to serve residential and commercial customers. The company’s product includes insulated, dual-function smart vents, insulated garage door, custom multi-frame, fire damper and flood vent sealing kits, thereby helping its customers to be prepared and protect their building foundation by allowing bidirectional water flow that relieves hydrostatic pressure. | N/A | 10/1/2023 | N/A | PE Growth/Expansion |
Visionet Systems | www.visionet.com | Cranbury | Information & High Technology | Provider of digital technology services catering to retail, banking and financial services, food and beverage, manufacturing and distribution, and life sciences industries. The company offers data modernization and management, digital consulting and commerce, transformation, omnichannel enablement, and business process outsourcing services, helping businesses optimize their systems, seamless integrations and interoperability, and enabling intelligent data and business process management. | N/A | 10/1/2023 | N/A | PE Growth/Expansion |
JonRie InterTech | www.marinewinch.com | Manahawkin | Advanced Manufacturing | Designer and manufacturer of marine winch systems for the tug boat, dredging, and military industries. The company offers a wide range of products including ship assist and escort towing winches, marine capstans, barge systems, marine cranes, HPU and controls, and dredge systems to its clients. | N/A | 10/2/2023 | Markey (Machinery (B2B)) | Merger/Acquisition |
Burgiss | www.burgiss.com | Hoboken | Information & High Technology | Provider of portfolio management software and data analytics designed to streamline investments. The company’s products feature portfolio monitoring and reporting, performance measurement and benchmarking, cash flow forecasting, document management, investor administration and exposure analysis, enabling asset managers, asset owners and financial intermediaries who invest in private capital to make data-driven decisions. | $697,000,000 | 10/2/2023 | MSCI | Merger/Acquisition |
Consolidated Chassis Management | www.ccmpool.com | Rockaway | Advanced Transportation & Logistics | Developer of chassis pool designed to provide fleet management services to the intermodal marketplace. The company enables ocean carriers, leasing companies, motor carriers and others to access international container chassis under one unified management, reduces the combined inventory levels, maintenance and repair economies of scale and reduces repositioning expense through pool member’s synergies, thereby assisting fleet management businesses with full management of chassis maintenance and repair activities. | N/A | 10/3/2023 | N/A | Buyout/LBO |
Gaum | www.gauminc.com | Robbinsville | Advanced Manufacturing | Manufacturer of machinery components based out of United States. The company offers large machine parts, welding & fabrication, grinders and inspection machines. | N/A | 10/17/2023 | Universal Technical Resource Services | Merger/Acquisition |
Palatin Technologies | www.palatin.com | Cranbury | Life Sciences | Palatin Technologies Inc is a part of the healthcare sector. The company is engaged in developing targeted, receptor-specific peptide therapeutics for the treatment of diseases with unmet medical needs and commercial potential. Its programs are based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems. Its main product in clinical development is bremelanotide, which treats hypoactive sexual desire disorder, which is a type of female sexual dysfunction. | $2,120,000 | 10/24/2023 | N/A | PIPE |
Filtrex | www.filtrexnj.com | Wayne | Advanced Manufacturing | Manufacturer of regenerative pre-coat media filters based out of New Jersey. The company offers automatic filter controllers, variable frequency drives and modulating valves. | N/A | 10/26/2023 | North American Filtration | Merger/Acquisition |
Servion Global Solutions | www.servion.com | Princeton | Information & High Technology | Developer of customer interaction management (CIM) software designed to convert their customer touchpoints into long-lasting journeys and optimize the infrastructure costs of their customer interaction channels. The company’s platform covers areas across various segments of the CIM industry including technology consulting, contact center intelligence and reports, outbound interaction management, workforce management, quality monitoring, and customer behavior analytics, enabling clients to efficiently interact with their customers via phone, internet, email, chat, and social media. | N/A | 10/26/2023 | N/A | Buyout/LBO |
Windsor (Business/Productivity Software) | www.windsorglobal.com | Union | Information & High Technology | Developer of returns management platform designed to provide brand protection. The company’s platform offers a full-service system to manage consumer electronics returns by providing end-to-end remerchandising services under one centralized source, enabling businesses to increase growth and profits while monetizing returns. | N/A | 10/27/2023 | Pinetree Capital (China) | Merger/Acquisition |
Gramener | www.gramener.com | Princeton | Information & High Technology | Operator of a data analytics company intended for pharmaceuticals and life sciences, logistics and manufacturing, ESG and technology and consulting. The company transforms data into concise dashboards, based on cognitive research of visual and analytical components, enabling clients to access their platform to build data applications and develop foresight in critical business functions. | N/A | 10/31/2023 | Straive | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Attentive | www.attentive.com | Hoboken | Information & High Technology | Developer of a personalized mobile messaging platform designed to help brands and organizations interact with customers. The company’s platform uses behavioral data and helps brands automatically send personalized mobile messages across the entire customer lifecycle from product recommendations and limited-time sales to payments and real-time customer service, enabling e-commerce and retail businesses to connect with mobile shoppers in a new way through messaging. | N/A | 9/1/2023 | Aliya Capital Partners, Atomico, Bain Capital Ventures, Base10 Partners, Capital Advantage Venture Fund, Coatue Management, D1 Capital Partners, Disney Accelerator, Eniac Ventures, EQUIAM, Ergo Partners, Felicis, Founders Circle Capital, Frontline Ventures, G Squared, Global Equities, Goanna Capital, Gutbrain Ventures, HarbourVest Partners, High Alpha, HubSpot Ventures, IVP, Jaws Ventures, MetaProp NYC, NextView Ventures, Sapphire Ventures, Sequoia Capital, SoftBank Investment Advisers, Sozo Ventures, SXM Global, TCV, Tiger Global Management, Tuhaye Venture Partners, VMG Partners, Wellington Management | Later Stage VC |
Core Warehouse | www.core-warehouse.com | Fairfield | Information & High Technology | Developer of a warehouse management system intended to optimize the supply chain and warehouse management process. The company’s system offers functionality, warehouse planning system, event handling logistics and web visibility, enabling customers to reduce costs, decrease the level of required on-hand inventory, and increase revenues. | N/A | 9/1/2023 | N/A | PE Growth/Expansion |
Layup (Other Financial Services) | www.trylayup.com | Manasquan | Finance and Professional Services | Developer of a mobile bank platform designed to help fans save money. The company’s platform besides offering savings accounts and debit cards, users get free tickets that are similar to parlays with real cash prizes and it’s a convenient alternative to get a stake in a game without ever risking their hard-earned cash, enabling customers to play against other players and win cash awards. | $2,230,000 | 9/1/2023 | Chicago Ventures, Continental Investment Partners, Entrepreneurs Roundtable Accelerator | Seed |
ProRank | www.prorank.ai | Princeton | Information & High Technology | Operator of a candidate sourcing platform intended to help businesses find and hire good talent efficiently. The company’s platform offers a proprietary contextual search engine to find passive candidates across the web, and an unbiased ranking algorithm to identify qualified candidates, enabling businesses to source candidates effectively and efficiently and to build a stronger talent pipeline. | N/A | 9/1/2023 | Caduceus Capital Partners | Later Stage VC |
Sensible Portions | www.sensibleportions.com | Wayne | Food & Beverage (Non-Retail) | Provider of all-natural and low-calorie gourmet snacks based in Wayne, New Jersey. The company offers all-natural and portion-control snacks using only high-quality ingredients and no artificial flavors or preservatives, enabling users to choose from a variety of snacking choices that include non-GMO, gluten-free, vegan and organic options. | N/A | 9/1/2023 | The Hain Celestial Group | PE Growth/Expansion |
Coaction Specialty Insurance Group | www.coactionspecialty.com | Morristown | Finance and Professional Services | Operator of a property and casualty insurance company based in Morristown, New Jersey. The company specializes in property and casualty insurance to numerous specialty markets in the United States, underwriting business across five verticals such as casualty, property, professional lines, entertainment and binding authority, enabling clients to reduce risk and meet their insurance needs. | $200,000,000 | 9/7/2023 | Barton Technology Ventures, Further Global Capital Management, TowerBrook Capital Partners | PE Growth/Expansion |
MARS (Financial Software) | marsmarkets.com | Alpine | Information & High Technology | Developer of a stock market platform intended to help music fans invest in their favorite artists. The company’s platform provides an alternative trading platform by issuing securities of music artists to a network of investors in the music industry in order to facilitate artist connections, enabling investors to easily invest in different artists via online applications. | $10,000 | 9/7/2023 | N/A | Early Stage VC |
Zena Therapeutics | www.zenatherapeutics.com | North Brunswick | Life Sciences | Operator of a drug discovery company designed to provide new medications for mental health and addiction by improving safety profiles.The company focuses on acute anxiolytic compounds that do not increase the risk of overdose if taken concomitantly with other central nervous system depressing substances such as opioids and alcohol, enabling the shift in the paradigm and raise the bar for pharmaceutical safety screening to include modes of common misuse | $500,000 | 9/7/2023 | National Science Foundation Innovation Corps Program | Seed |
Oishii | www.oishii.com | Jersey City | Information & High Technology | Developer of an indoor vertical farming technology intended to grow strawberries at a commercial scale. The company’s technology includes growing local, sustainable pesticide-free produce year-round in any location in the world by directly addressing critical environmental pain points, enabling farmers to reduce water usage while cultivating and increasing crop yield. | $10,000,000 | 9/12/2023 | Bloom8, D&Growth Capital, EBITDA Investments, Global Social Venture Competition, Joyance Partners, LAUNCH (UC Berkeley), McWin Capital Partners, Mirai Creation Capital, Miyako Capital, Mizuho Bank, Mobile Internet Capital, PKSHA Technology, Rivercrest Global, Sony Innovation Fund, SPARX Group Company | Later Stage VC |
Sparta Biomedical | www.spartabiomedical.com | Madison | Life Sciences | Developer of a medical device intended to target partial knee resurfacing. The company specializes in the development of biomimetic implants that require minimally invasive treatment for chondral or osteochondral defects of the knee cartilage, empowering orthopedic surgeons with advancements that fundamentally restore movement for their patients. | N/A | 9/12/2023 | Duke Angel Network, Nanosha | Later Stage VC |
Autism Diagnostic Technologies | www.autismdiagnostictechnology.com | Bedminster | Life Sciences | Developer of a brain mapping technology designed to transform the diagnosis of brain disorders and diseases. The company’s technology provides accurate analysis of the brain using three-dimensional mesh mapping to determine significant locations that correlate with brain structure and disease, enabling doctors to diagnose autism in infants as young as six months old and compare normal brains to autistic, dyslexic and Alzheimer-affected brains. | $150,000 | 9/15/2023 | Academic Technology Ventures | Later Stage VC |
Private Practice Access | www.privatepracticeaccess.com | Englewood Cliffs | Life Sciences | Provider of healthcare services intended for improving patient access to independent private practice physicians and surgeons on a specialty specific basis. The company is currently operating in Stealth mode. | $480,000 | 9/18/2023 | N/A | Angel |
Pyxis (Financial Software) | www.pyxis.money | Princeton | Finance and Professional Services | Developer of payment platform intended to build the cross-border payment infrastructure. The company’s proprietary multilateral network directly connects multiple countries’ currencies with API integration to automate and track every payment, allowing users to exchange exotic currencies and improve payment experiences. | N/A | 9/18/2023 | Orbit Startups, SOSV | Seed |
Ironlight Group | www.ironlight.io | Basking Ridge | Finance and Professional Services | Developer of a blockchain finance platform designed to provide decentralized financial services through tokenized securities. The company’s platform specializes in tokenization which assists in greater transparency, security, privacy protection, settlement, liquidity, compliance, and record keeping and helps to lower risk and transaction fees, enabling public and private fund managers to create more efficient and more compliant product offerings and customized smart contracts. | $8,320,000 | 9/20/2023 | N/A | Early Stage VC |
OLI Technologies | www.olitechnologies.com | North Brunswick | Life Sciences | Manufacturer of wearable dialysis devices intended to treat kidney diseases. The company offers miniature, wearable dialysis devices, enabling patients to help end-stage kidney diseases see better outcomes at lower costs | N/A | 9/20/2023 | HAX, New Jersey Commission on Science, Innovation and Technology, SOSV | Seed |
POM Safe | pomsafe.com | Newark | Finance and Professional Services | Developer of a personal safety system intended to serve healthcare workers, college students, lone workers, and executive personnel. The company offers a personal safety device that can be attached to keychains and bags or carried in pockets, that once tapped connects the user to professionally trained emergency dispatchers, enabling individuals to contact emergency responders easily at the time of need. | $5,240,000 | 9/20/2023 | ARC Angel Fund, Cayuga Venture Fund, Jerry Labowitz, Martin Babinec, Newark Venture Partners, SeedInvest, UpVentures | Later Stage VC |
Astrodyne TDI | www.astrodynetdi.com | Hackettstown | Advanced Manufacturing | Manufacturer of tailored power electronics catered to the medical, industrial, military, aerospace, consumer and semiconductor industries. The company’s offerings encompass power sources and EMI (electromagnetic interference) filters that cater to various coolant types, loads, and uninterruptible power supplies, thereby delivering industry-leading growth and business performance. | $40,000,000 | 9/22/2023 | Kayne Anderson Capital Advisors, Tinicum | Debt – General |
Material | www.materialx.co | Princeton | Advanced Manufacturing | Developer of a hybrid manufacturing technology designed to print high-performance energy storage systems. The company is currently operating in stealth mode. | N/A | 9/25/2023 | HAX, SOSV | Seed |
PureLi | www.purelitech.com | Newark | Advanced Materials | Developer of lithium extraction technologies intended to secure a sustainable lithium supply. The company uses solar power to extract lithium from brine, water with high salt concentrations, where the majority of lithium on Earth is found, enabling the industry to reduce the amount of land and time needed for lithium production. | N/A | 9/26/2023 | HAX, SOSV | Seed |
Doceree | www.doceree.com | Parsippany | Life Sciences | Operator of a health care professionals platform intended for programmatic messaging. The company’s platform uses artificial intelligence, data segmentation, and analytics to identify the target HCP out of similar looking and similar sounding profiles, whether on a physician networking site, a medical journal, a telemedicine platform, or even social networking sites, providing the healthcare industry professionals with an extensive global network of digital endemic and point-of-care platforms to deliver at scale accurate and transparent messages. | $35,000,000 | 9/27/2023 | Alkemi Growth Capital, Creaegis, Eight Roads, F-Prime Capital, Harsh Gupta Family Office, Kumar Gaurav, Rahul Gupta | Early Stage VC |
Sion (Financial Software) | www.sioncentral.com | Oceanport | Information & High Technology | Developer of commission management software designed to bring efficiency and transparency to tracking travel commissions. The company’s software offers a streamlined interface to track commissions by generating invoices, and payment statuses and dealing with commission split, enabling travel agents to eliminate the hassle of commission tracking and payment reconciliations. | $6,500,000 | 9/27/2023 | Amadeus Capital Partners, Sabre Corporation, Smartflyer, TIA Ventures, Virtuoso Travel | Seed |
AeroFarms | www.aerofarms.com | Newark | Advanced Manufacturing | Provider of indoor vertical farming services intended to grow farms in an indoor environment. The company’s services include aeroponic growing systems for harvest cycles, results, food safety, and less environmental impact, enabling clients to grow plants without sun or soil in a fully-controlled indoor environment and farm responsibly. | $70,780,000 | 9/28/2023 | Doha Venture Capital, Grosvenor Food & AgTech | Later Stage VC |
CoreWeave | www.coreweave.com | Roseland | Information & High Technology | Developer of a cloud infrastructure platform intended to provide computing resources for blockchain and other projects. The company’s platform offers a system that accelerates the team’s workflows with a cloud-based production pipeline and provides access to compute resources that match the complexity of models, enabling clients to scale efficiently and adapt to rapidly evolving compute requirements. | N/A | 9/29/2023 | Base10 Partners, Daniel Gross, DCVC, Magnetar Capital, Nat Friedman, Nvidia | Later Stage VC |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Peoples Educational | www.masteryeducation.com | Saddle Brook | Information & High Technology | Peoples Educational Holdings Inc develops and sells proprietary print and digital education products which are predominantly state-specific and standards-based, focused on state-required tests. The company operates through Test Preparation, Assessment, and Instruction Product Group. Test Preparation and Assessment segment create and sell print and digital products targeted to grades 1-12 to help students prepare for state proficiency tests. Instruction segment includes two product lines Focused Instruction and remedial and multicultural-related materials. Geographically, the business activities are carried out through United States. | N/A | 9/5/2023 | Perfection Learning | Merger/Acquisition |
Hunter Manufacturing Services | www.huntermfg.net | Fairfield | Advanced Manufacturing | Manufacturer of parts for filling, packaging and tablet machines with technical expertise to expertly manufacture even for demanding tolerances and requirements. The company specializes in plus custom slats, change, fast turnarounds, exotic materials, small lots, difficult-to-manufacture items billed for shipped warehousing and inventory control on large run orders and serving the aerospace, medical, pharmaceutical, and commercial industries. | N/A | 9/7/2023 | Universal Technical Resource Services | Merger/Acquisition |
Ferriero Engineering | www.ferrieroengineering.com | Chester | Finance and Professional Services | Provider of land development consulting services catering to the private and public sectors. The company specializes in building roadway design, professional planning, sanitary sewer design, grading plans, stormwater management, soil testing, site plan design thereby helping private homeowners, business clients and municipalities to develop cost-effective solutions to meet the long-term needs of land development ordinances and site plans. | N/A | 9/8/2023 | Boswell Engineering | Merger/Acquisition |
Cellectar Biosciences | www.cellectar.com | Florham Park | Life Sciences | Cellectar Biosciences Inc is a clinical-stage biopharmaceutical company. It is focused on the discovery, development and commercialization of drugs for the treatment of cancer. The company’s core objective is to leverage proprietary phospholipid drug conjugate (PDC) delivery platform to develop PDCs that are designed to specifically target cancer cells and deliver improved efficacy and better safety as a result of fewer off-target effects. Its lead PDC therapeutic, iopofosine is a small-molecule PDC designed to provide targeted delivery of iodine-131 directly to cancer cells, while limiting exposure to healthy cells. | $103,000,000 | 9/8/2023 | N/A | PIPE |
The Intelligence Group | www.tigenvironmental.com | Bedminster | Finance and Professional Services | Operator of a business investigations and intelligence firm serving corporations, government organizations and their counsel. The company offers a wide range of services, including site assessment, sampling and analysis, risk assessment, remediation planning, and implementation to sustainably reduce risk and protect the environment. | N/A | 9/14/2023 | Verdantas | Buyout/LBO |
Thrive Alliance Group | www.thrivealliancegroup.com | Parsippany | Life Sciences | Provider of mental wellness support services intended for students and school staff. The company offers autism support, emotional support, transition programs, speech and language therapy and counseling, enabling people to get an individualized program to meet their behavioral needs. | N/A | 9/18/2023 | New Story Group | Buyout/LBO |
Acasti Pharma | www.acasti.com | Princeton | Life Sciences | Acasti Pharma Inc is a late-stage specialty pharma company with drug delivery technologies and drug candidates addressing rare and orphan diseases. Its novel drug delivery technologies have the potential to improve the performance of marketed drugs by achieving faster onset of action, enhanced efficacy, reduced side effects, and more convenient drug delivery all of which could help to increase treatment compliance and improve patient outcomes. | $7,500,000 | 9/25/2023 | N/A | PIPE |
Haztek | www.haztekinc.com | Medford | Finance and Professional Services | Operator of an environmental health and safety consulting firm intended to eliminate accidents and create a culture of safety. The company offers services including accident and incident investigations, accident prevention plans, activity hazard analysis, contractor safety management, equipment inspections, and many other safety programs, enabling clients from different sectors to avail the required services for their firm. | N/A | 9/26/2023 | Code Red Safety | Buyout/LBO |
Slayback Pharma | www.slayback-pharma.com | Princeton | Life Sciences | Manufacturer of pharmaceutical products focused on complex injectables and other non-solid oral products. The company engages in the research and development of complex, generics, and specialty pharmaceutical drugs and offers smart product selection and execution, enabling clients to develop drugs using rapid development capabilities and delivery technologies. | N/A | 9/27/2023 | Azurity Pharmaceuticals | Buyout/LBO |
Soltage | www.soltage.com | Jersey City | Clean Energy | Developer and operator of distributed utility-scale solar assets for commercial, industrial and municipal customers across the United States. The company specializes as a renewable power producer that develops, finances and operates distributed utility-scale solar and solar-plus-storage project portfolios, thus enabling its clients with clean energy asset needs. | N/A | 9/29/2023 | N/A | Buyout/LBO |
Hybrid Healthcare Communications | www.hybridhealth.com | Eatontown | Finance and Professional Services | Operator of a medical science communications agency intended to bring medical content to life with customized, interactive engagement solutions. The company specializes in offering a wide range of services such as convention engagement, virtual events, video production, interactive engagement platforms, animations, and gamification. | N/A | 9/29/2023 | Health & Wellness Partners (New Jersey) | Buyout/LBO |
Adlai Nortye | www.adlainortye.com | North Brunswick Township | Life Sciences | Adlai Nortye Ltd is a global clinical-stage biotechnology company focused on the discovery and development of innovative cancer therapies for patients across the spectrum of tumor types. The company has robust pipeline of drug candidates it includes buparlisib (AN2025), palupiprant (AN0025), and AN4005, as well as four preclinical candidates. | $72,000,000 | 9/29/2023 | N/A | IPO |
Quten | www.qunol.com | Pine Brook | Life Sciences | Manufacturer and seller of health supplements intended to provide proper nutrition to users. The company’s products include CoQ10 and turmeric health supplements. | $1,000,000 | 9/29/2023 | Sanofi | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
ArrePath | www.arrepath.com | Princeton | Life Sciences | Operator of a drug discovery platform designed to develop antimicrobial resistance therapies. The company’s platform helps to create new medicines that modulate several targets in the disease pathway, which potentially improves efficacy and minimizes risk in the discovery and development process, enabling healthcare professionals to treat chronic ailments and reduce recovery time. | N/A | 8/1/2023 | Arimed Advisors, Boehringer Ingelheim Venture Fund, Innospark Ventures, Insight Partners, Nor’easter Ventures, PTX Capital, Viva BioInnovator, Westfield BioVentures | Early Stage VC |
Banneton Bakery | www.bannetonbakery.com | Swedesboro | Food & Beverage (Non-Retail) | Producer of bakery products based in Swedesboro, New Jersey. The company specializes in pre-proofed and pre-egg-washed croissants and sandwiches made with whole grain ingredients available in a wide range of flavors, thereby enabling customers to avail of their favorite foods. | N/A | 8/1/2023 | N/A | PE Growth/Expansion |
Dandelion | www.dandelion.science | Hoboken | Life Sciences | Developed of neurological therapy designed to offer an alternate way to neuropsychiatric and neurological treatments. The company’s therapy offers programmable therapeutics that target the data pathways and have the potential to reimagine brain treatment, enabling medical professionals to effectively treat brain disorders. | N/A | 8/1/2023 | Monday Capital, National Institutes of Health, Small Business Innovation Research and Small Business Technology Transfer Programs | Early Stage VC |
GiftCrowd | www.giftcrowd.com | Tenafly | Information & High Technology | Developer of an online platform intended to make the process of gifting others intuitive and painless. The company’s platform helps to collect contributions from friends, neighbors, or co-workers and also offers school parent associations a unique solution to collect gifts for the whole school staff such as for the holidays and the end of the school year, enabling users to acquire a hassle-free and straightforward process of group gifting. | $450,000 | 8/1/2023 | Astralabs, Casabona Ventures, Newchip, Real Life Innovations | Seed |
MAX Surgical Specialty Management | www.max-ssm.com | Hackensack | Life Sciences | Operator of a surgeon-led, full-scope oral and maxillofacial surgical specialty platform located in Hackensack, New Jersey. The company is a management services organization that partners with premier oral and maxillofacial surgery (OMS) practices to drive and support clinical experience to support strategic practice growth as well as scalable, effective, and efficient daily operations required to meet the needs of OMS practices. | N/A | 8/1/2023 | N/A | PE Growth/Expansion |
Offchain Labs | www.offchainlabs.com | Princeton | Information & High Technology | Developer of a decentralized platform designed to help create scalable and private smart contracts. The company’s platform offers smart contract development that can scale more transactions and is of the public blockchain to increase privacy, enabling developers and users to get the privacy and low cost of an off-chain approach with the simplicity and security of an on-chain method. | N/A | 8/1/2023 | 6529 Capital, Alliance DAO, Blockchain Ventures (CVC), Blocknation Capital, Brightway Future Capital, Coinbase Ventures, Collab+Currency, Compound (New York), Defialliance, DeFiance Capital, Divergence Ventures, eGirl Capital, Fenbushi Capital, Fisher 8 Capital, IOSG Ventures, Jake Seid, Lightspeed Venture Partners, Mark Cuban, Mechanism Capital, MetaCartel Ventures, Moonwhale, OKX Ventures, P2P, Pantera Capital, ParaFi Capital, Polychain Capital, Puzzle Ventures, Raphael Ouzan, Redpoint Ventures, Ribbit Capital, Samsung NEXT Ventures, SNZ Holding, Spartan Group, Standard Crypto, Stonebridge Ventures, Zeuth ventures | Later Stage VC |
Tribetic | www.tribetic.com | Bernardsville | Life Sciences | Developer of health tech application intended to help reverse diabetes and optimize metabolic health. The company’s app integrates live coaching, data-driven insights, and AI automation supported by medical and metabolic experts, helping users develop their daily sleep, exercise, and nutritional plans. | N/A | 8/1/2023 | StartUp Health | Accelerator/Incubator |
Trinity Solar | trinity-solar.com | Wall | Clean Energy | Designer and integrator of solar electric systems designed to lower the cost of living. The company’s services include site evaluation, financial modeling, designing, installing, commissioning, project financing, system monitoring and system maintenance which provides economic benefits of producing own electricity through solar power, helping the environment and contributing towards a better future, enabling the home-owners save money every month on their electricity bill as they are generating their own power. | N/A | 8/1/2023 | N/A | PE Growth/Expansion |
NettyWorth | www.nettyworth.io | Rutherford | Finance and Professional Services | Developer of a Web3 fintech platform designed to help users manage and borrow against their digital assets. The company’s platform offers a suite of tools for managing, tracking and borrowing against digital assets in order to grow their wealth and achieve their financial goals, enabling customers to gain insights into their digital asset portfolios, make informed financial decisions and access liquidity when needed. | $340,000 | 8/3/2023 | N/A | Equity Crowdfunding |
Transcend (Princeton) | www.transcendinfra.com | Princeton | Information & High Technology | Developer of a SaaS platform designed to accelerate the design and construction of innovative and sustainable critical infrastructure. The company’s online generative design platform helps capital planners, project developers, and engineering professionals to rapidly generate preliminary engineering designs for critical infrastructure, including the water and wastewater treatment and power sectors, helping asset owners, technology suppliers, and engineering firms to assess and design critical infrastructure. | $20,000,000 | 8/3/2023 | Arosa Capital Management, Aspen Capital Group, Autodesk, Black & Veatch IgniteX, Chartline Capital Partners, CITIC Capital, Elemental Excelerator, Eurazeo, HG Ventures, International Finance Corporation, Invesco, PureTerra Ventures, Riverstone Holdings, Vespucci Partners Capital, XPV Water Partners | Later Stage VC |
Monocle (Business/Productivity Software) | www.monocleapp.co | Hoboken | Information & High Technology | Developer of predictive analytics platform designed to help businesses make decisions based on data. The company’s software offers features such as Reliable Demand Forecasting, Intelligent Order Associations, Faster, Smarter Product Insights, and automated material tracking, enabling e-commerce businesses to optimize their inventory levels, reduce costs, and increase sales. | $120,000 | 8/4/2023 | Techstars | Accelerator/Incubator |
Moove (Application Software) | www.moovetogether.com | Atlantic Highlands | Information & High Technology | Developer of a team-based fitness and merchandise platform designed to offer collective fitness challenges and other sports activities. The company’s platform offers fantasy sports leagues, fitness merchandise, and other teamwork fitness activities, enabling users to hit their fitness goals and satisfy their inner athletes. | $350,000 | 8/7/2023 | N/A | Angel |
Pocstock | www.pocstock.com | Newark | Film and Digital Media | Developer of a media platform intended to promote diversity, equity, inclusion, and belonging through positive images, content, and stories partner. The company partners with major companies to develop strategies, curated stock and custom images, and diversity programming that unapologetically represents black, Asian, Hispanic, and native people, helping business teams to create authentic content, and meaningful conversations. | $500,000 | 8/7/2023 | Jonathan Cherins | Seed |
Grid Discovery | www.griddiscovery.com | Hoboken | Information & High Technology | Developer of a microgrid planning software designed to make project planning accessible, easy, and efficient. The company’s software helps to perform a preliminary site assessment and sample feasibility analysis without leaving the room, enabling municipalities, property developers, engineering firms, and electrical utilities to easily and efficiently plan city projects. | $20,000 | 8/8/2023 | Techstars | Accelerator/Incubator |
Nevakar Injectables | www.nevakarinjectables.com | Bridgewater | Life Sciences | Operator of a pharmaceutical company intended to focus on developing products in injectable and ophthalmic space. The company aims to develop enhanced products and help address unmet clinical and commercial needs, enabling clients to get clinically meaningful outcomes. | $4,600,000 | 8/8/2023 | Oxford Finance, Werth Ventures | Later Stage VC |
Piñata | www.pinata.ai | Newark | Information & High Technology | Developer of a property management platform designed to manage rent payments with ease. The company’s platform offers reward points to the renters for paying the rent on time, giving tenants a way to save money, earn rewards, and be motivated to pay timely rent, enabling landlords to collect rent online, manage maintenance requests, track expenses, and retain their tenants. | $2,380,000 | 8/11/2023 | BDev Ventures, Dubilier & Company, GOS Capital, Moderne Ventures, Ron Moelis, Wilshire Lane Capital | Early Stage VC |
Thea Energy | thea.energy | Princeton | Clean Energy | Developer of fusion energy system intended to create a limitless source of zero-emission energy for a sustainable future. The company system is leveraging recent breakthroughs in stellarator physics and engineering, enabling customers to build modular, utility-scale fusion power. | $20,000,000 | 8/14/2023 | 11.2 Capital, ImpactAssets, Mercator Partners, Prelude Ventures, Strong Atomics | Early Stage VC |
Dome | www.domeaudioinc.com | Hackettstown | Advanced Manufacturing | Manufacturer of dual-fidelity headphones intended to revolutionize audio, fashion, and branding in one unmistakable design. The company’s headphones use surround sound and bone conduction technology that helps in both open and closed-ear listening, enabling users to hear music in fidelity while simultaneously hearing important ambient sounds in the environment. | $220,000 | 8/18/2023 | N/A | Equity Crowdfunding |
Macrotope | macrotope.com | Princeton | Life Sciences | Developer of therapeutic antibodies and vaccines in Princeton, New Jersey. | $300,000 | 8/18/2023 | N/A | Debt – General |
SyenApp | www.syenapp.com | Plainsboro | Information & High Technology | Operator of a privacy-focused shopping tech platform intended to facilitate consumer-controlled eCommerce. The company’s platform ensures online Shopping activities are shielded from trackers and cookies but also maintains the personalized touch you’d expect from a shopping app, lets users search and shop across any content like emails, newsletters, products, brands, and discover deals that are important and relevant to shopping style and preferences, and get rewards, earn cash back, gift cards to follow, and shop the brands they like, enabling customers to take control of their shopping experience. | $2,000,000 | 8/21/2023 | Frank Sica | Seed |
Xenon Ophthalmics | www.xophthalmics.com | Belleville | Life Sciences | Developer of a mobile-first virtual reality ophthalmological screening device designed to streamline eye care diagnostics and reshape its process. The company’s device uses a virtual reality platform integrated with an artificial intelligence-driven algorithm that archives exam data in the cloud and uses patented advancements in eye-tracking software, enabling doctors to conduct eye exams with the practitioner remotely, increasing access to vital vision care for patients worldwide. | $2,370,000 | 8/22/2023 | ArrayTek Solutions | Later Stage VC |
ZT Systems | www.ztsystems.com | Secaucus | Advanced Manufacturing | Manufacturer and distributor of computer hardware products intended to offer servers, desktop computers and notebook PCs. The company’s systems are assembled and supported in the US and its engineer’s hyper-scale compute and storage solutions that are tailored to the unique workloads and business needs of global datacenter customers. | $8,500,000 | 8/22/2023 | N/A | Debt – General |
Halfday | www.drinkhalfday.com | Laurel Springs | Food & Beverage (Non-Retail) | Producer of classic iced tea beverages intended to serve users with bold tonic benefits for gut health. The company specializes in offering flavored iced tea tonics with a refreshing taste and offers a low-sugar, prebiotic fiber-rich canned tea line cutting out the excess sugar and remaining just as sweet, enabling customers to incorporate a better digestive health routine into their daily lifestyles. | $7,290,000 | 8/24/2023 | Douglas Bouton, Electric Feel Ventures, Intuition Capital, Raptor Group, Rowan University, Talent Resources Ventures, ZoiBel | Later Stage VC |
JOGO Health | www.jogohealth.com | Bridgewater | Life Sciences | Developer of digital therapeutics products intended to treat pain and neuromuscular conditions. The company’s offering is composed of wearable wireless sensors that provide treatment protocols and games that can be adapted for muscle relaxation, movement coordination, and neuromuscular reeducation, all leveraging neuroplasticity, enabling healthcare providers to improve patient adherence to rehabilitation resulting in better health outcomes. | $3,300,000 | 8/25/2023 | Mayo Clinic Ventures | Later Stage VC |
KidCaboo | www.kidcaboo.com | Maplewood | Advanced Transportation & Logistics | Developer of a ridesharing platform designed to coordinate trips for children. The company’s platform helps to schedule rides with a screened and safety-checked driver, along with a one-off fare estimate for the trip and live GPS tracker, enabling parents to get mental relief and a sense of order and peace. | N/A | 8/25/2023 | N/A | Equity Crowdfunding |
Sauvie | www.sauvieinc.com | Short Hills | Life Sciences | Operator of a biopharmaceutical company intended to develop and deliver critical cancer therapies. The company offers scientific and commercialization in the field of immuno-oncology, enabling patients to get access to cancer therapies. | $780,000 | 8/25/2023 | Robin Hood Ventures | Early Stage VC |
Therify | www.therify.co | Jersey City | Life Sciences | Developer of mental healthcare software designed for the well-being of the workforce. The company’s software leverages AI technology to match employees with inclusive, evidence-based mental healthcare, including personalized therapist matching, live community sessions, and digital content, enabling employees to develop skills to experience happiness, productivity, and emotional well-being. | $2,010,000 | 8/30/2023 | Ellen Pao, Flexport, If Then Ventures, J Zac Stein, Jack Altman, Jumpstart Nova, K5 Global, Looking Glass Capital, Open Opportunity Fund, Reverb Capital, SoftBank Group, True Capital Management, Y Combinator | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Aquatrols | www.aquatrols.com | Paulsboro | Advanced Manufacturing | Manufacturer of chemicals intended for use in the agricultural, turfgrass and horticultural markets. The company’s surfactant coating moves water and nutrients into the soil uniformly for better downward penetration and lateral distribution in the root zone as well as ensures plant survival in harsh retail conditions, enabling farmers, golf course developers and greenhouse growers to manage the distribution of water, fertilizers and chemicals and maximize production effectively. | N/A | 8/1/2023 | N/A | Merger/Acquisition |
John C. Ernst | www.johnernst.com | Sparta | Advanced Manufacturing | Manufacturer and distributor of engineered measurement products and process observation equipment intended for liquid and steam applications. The company offers a wide range of fluid flow and level instrumentation products including sight flow indicators, sight windows, liquid level gauges and flow meter products, thereby enabling access to products for demanding applications across various end markets. | N/A | 8/1/2023 | Clark-Reliance | Buyout/LBO |
electroCore | www.electrocore.com | Rockaway | Life Sciences | electroCore Inc is a commercial stage bioelectronic medicine company with a platform for non-invasive vagus nerve stimulation therapy initially focused on neurology. The company’s product gammaCore is Food and Drug Administration cleared in the United States for adjunctive use for the preventive treatment of cluster headache in adult patients, the acute treatment of pain associated with episodic cluster headache in adult patients, the acute treatment of pain associated with migraine headache in adult patients and the prevention of migraine in adult patients. The gammaCore is CE-marked in the European Union for the acute and/or prophylactic treatment of primary headache, Bronchoconstriction and Medication Overuse Headache in adults. | $8,150,000 | 8/2/2023 | N/A | PIPE |
Strategic Technology Consulting | www.stechnologyconsulting.com | Toms River | Information & High Technology | Provider of digital engineering and consulting services intended for defense, aerospace and all commercial industry. The company offers model-based systems engineering (MBSE) and digital twins services including DevSecOps, mechanical, reliability, product lifecycle management and others, thereby improving efficiency and effectiveness in the operations and products of clients. | N/A | 8/4/2023 | Arcfield | Buyout/LBO |
Wireless Telecom Group | www.wirelesstelecomgroup.com | Parsippany | Information & High Technology | Wireless Telecom Group Inc is a designer and manufacturer of advanced radio frequency (RF) and microwave components, modules, systems, and instruments. Serving aerospace and defense companies, military and government agencies, satellite communication companies, semiconductor manufacturers, and other technology companies. The company’s products include RF power meters, sensors and analyzers, RF synthesizers, noise generators and components and phased noise analyzers. The company’s services include calibration, repair and maintenance. | N/A | 8/4/2023 | Maury Microwave | Buyout/LBO |
Urogen Pharma | www.urogen.com | Princeton | Life Sciences | UroGen Pharma Ltd is a clinical-stage biopharmaceutical company focused on developing and commercializing innovative solutions that treat urothelial and specialty cancers. The company has an innovative and broad pipeline of product candidates that can overcome the deficiencies of current treatment options for a variety of urological conditions with a focus on uro-oncology. Its lead product candidates, UGN-101 and UGN-102, are proprietary formulations of the chemotherapy drug Mitomycin C, or MMC, a generic drug, which is used off-label for urothelial cancer treatment only in a water-based formulation as an adjuvant, or supplemental post-surgery, therapy. | $120,000,000 | 8/10/2023 | N/A | PIPE |
Newark Energy Centers | www.newarkenergycenter.com | Newark | Clean Energy | A 705-megawatt gas-fired power plant in Newark, New Jersey. The facility utilizes two general electric (GE) 7FA.05 combustion turbines, two heat recovery steam generators (HRSGs), and one GE D11 steam turbine and it contains a 6,600 Btu/kWh heat rate. | N/A | 8/15/2023 | Hartree Partners | Buyout/LBO |
QDx Pathology Services | www.qdxpath.com | Edison | Life Sciences | Provider of pathological services dedicated to providing diagnostic excellence. The company operates a CLIA-certified national, independent clinical and anatomical pathology laboratory, utilizing advanced instrumentation and medical technologies, thereby enabling patients to experience fast, accurate and personalized laboratory assistance. | $60,000,000 | 8/17/2023 | LabGenomics | Merger/Acquisition |
Chenoa Information Services | www.chenoainc.com | Berkeley Heights | Information & High Technology | Provider of digital engineering and information services intended to assist companies in software development. The company specializes in offering application modernization, technical advisory, visualization engines, model development, team acceleration, product engineering, hyper-automation and business process automation, thereby enabling organizations to manage, automate and optimize processes across different business units and accelerate transformation. | N/A | 8/24/2023 | 3Pillar Global | Buyout/LBO |
Shiftfillers | www.shiftfillers.com | Voorhees | Information & High Technology | Developer of staffing platform intended to connect jobseekers with light industrial companies around the United States. The company’s platform automates the process of receiving, filing and managing shift requests directly from businesses and managed service providers, enabling workers and businesses with proprietary technology to source, assess and match workers with open roles to lower time to fill, increase fill rates and provide a seamless and positive staffing experience. | N/A | 8/24/2023 | Raise (Human Capital Servies) | Merger/Acquisition |
Spartan Shielding | www.spartanshielding.com | Hillsborough | Advanced Manufacturing | Manufacturer of shielding products and parts based out of Hillsborough, New Jersey. The company’s products and services include metal fabrication and manufacturing, doors and windows construction, magnetic shielding, quench vent systems, panel construction, welding and cutting, steel frame assembly and custom engineering solutions. | N/A | 8/28/2023 | MXR The Imaging Solution Company | Merger/Acquisition |
Isolatek International | www.isolatek.com | Stanhope | Advanced Manufacturing | Manufacturer of commercial, medium, and high-density spray-applied fire-resistive materials intended for the steel construction industry and petrochemical facilities. The company specializes in high-rise products, commercial density products, fire-resistive materials, intumescent coatings, system components, and lightweight cementitious SFRMS, thereby enabling the industry with exceptional thermal performance, superior durability, and ease of application of fire-resistive products. | N/A | 8/29/2023 | N/A | Buyout/LBO |
ReadyCoach | www.readycoach.net | Westfield | Information & High Technology | Operator of a research-based online platform intended for school administrators, coaches and educators. The company uses assessment data insights and real-time progress and fidelity monitoring to match the right interventions to student needs, thereby maximizing the impact of instructional coaches and teachers based on assessment data insights. | N/A | 8/29/2023 | engage2learn | Buyout/LBO |
Project Expediters Consulting | www.peconsultingcorp.com | Englishtown | Finance and Professional Services | Provider of nationwide permit expediting services for architects, engineers, and project managers. The company specializes in obtaining permits for exterior site improvements, construction, and renovations, and also offers project management, code consulting, and inspection coordination, thereby providing under-budget and personalized services | N/A | 8/31/2023 | Milrose Consultants | Buyout/LBO |
oXya | www.oxya.com | Jersey City | Information & High Technology | Provider of cloud, SAP implementation and information technology (IT) consulting services intended for pharma, administration, energy, transportation, automotive and other industries. The company assists organizations with the design and implementation of SAP infrastructure, managed cloud services and technical consulting services, thereby helping global enterprises and midsize organizations increase the efficiency and flexibility of their mission-critical IT systems. | N/A | 8/31/2023 | N/A | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
kepSmart | www.kepsmart.com | Eatontown | Information & High Technology | Developer of artificial intelligence temperature maintenance software designed to control the temperature of any building. The company’s software creates the optimal number of controllable Virtual HVAC Zones, maximizing the efficient use of available BTUs through the use of algorithms, providing real-estate owners with building automation space. | N/A | 7/1/2023 | Innova Capital Partners | Early Stage VC |
Outline-it | www.myoutline.com | Princeton | Information & High Technology | Developer of an interactive writing application designed for college and graduate school. The company’s platform allows bridging the gap by structuring essays that help to gain admission to schools and succeed and graduate from institutions of higher education and advance in careers, enabling students to understand how to have better captivating concise writing. | $100,000 | 7/1/2023 | Expert DOJO, Halcyon Incubator | Seed |
Protium Power Systems | N/A | Dover | Clean Energy | Developer of residential solar power generation technology located in Dover, New Jersey. The company reduces carbon emissions, helps in installations and makes residential solar energy suitable for large-scale power generation for utility companies. | $260,000 | 7/1/2023 | National Science Foundation | Grant |
Pyros Pharmaceuticals | www.pyrospharma.com | Parsippany | Life Sciences | Developer of pharmaceutical products designed to offer high-quality, proprietary, and off-patent pharmaceuticals. The company’s products include solid oral capsules, sterile injectable syringes, and alternative dosage forms developed through scientific innovations and research, enabling pharmaceutical companies to provide affordable and accessible alternatives to high-cost off-patent pharmaceutical products. | $12,560,000 | 7/1/2023 | N/A | Later Stage VC |
QUODD Financial Information Services | www.quodd.com | Jersey City | Information & High Technology | Developer of an online real-time data management platform intended to revolutionize the integration, delivery and use of live data. The company’s platform offers a market data workstation that brings together streaming quotes and analytical charting tools with news, fundamental data, research, earnings estimates, filings and detailed company fundamental data, eliminating the need for company resources, thus significantly decreasing the data management costs across an enterprise, enabling clients to get access to complete flexibility in content selection as well as customized delivery with personalization down to the seat level. | N/A | 7/1/2023 | Wealthcare Capital Management | PE Growth/Expansion |
tenXclinical | www.tenxclinical.com | NJ | Life Sciences | Developer of a clinical development protocol intended to enhance clinical trial operations. The company is specialized in clinical operations and technology, and has experience specific to clinical trial development, and helps to take a protocol to create a package of regulatory documents, site & participant training material, enrollment strategies, and SOPs with full control by implementing model development with human-in-the-loop processes, enabling enterprises to get tools, copilot system and training as per they need. | $50,000 | 7/1/2023 | N/A | Seed |
Digital Prime Technologies | www.digitalprimetechnologies.com | Jersey City | Information & High Technology | Developer of a crypto brokerage software designed to facilitate trading and investing services in digital assets. The company’s platform provides brokers and capital markets firms with services that facilitate trading and lending services in digital assets, enabling clients to incorporate all of their preferred service providers including custodians and liquidity partners, together on a single platform. | $2,500,000 | 7/11/2023 | Aves Lair, TD Cowen | Early Stage VC |
Sigo Seguros | www.sigoseguros.com | Lawrenceville | Finance and Professional Services | Operator of an insurance technology company intended to help customers save insurance broking fees. The company’s platform decodes complicated insurance language into simple understandable language and also offers suggestions according to the customer’s profile, enabling customers to save time and money in choosing an insurance policy. | $5,100,000 | 7/11/2023 | Amicle Capital, Blockchain Founders Fund, Bonded Capital Ventures, Chingona Ventures, Demeter Capital, Entrepreneurs Roundtable Accelerator, Fiat Ventures, Financial Solutions Lab, FinTech Frontier, gAngels, gener8tor, Karl Gouverneur, Kern Venture Group, Listen Ventures, Newlin, Park City Angels, Remarkable Ventures, Revolution (Washington DC), Right Side Capital Management, Venture Initiation Program, Zeal Capital Partners | Later Stage VC |
TearClear | tearclear.com | Princeton | Life Sciences | Developer of eye drugs intended to transform trusted ophthalmic medications into best-in-class therapies. The company’s drug candidates in glaucoma pave the way for future indications across multiple programs in development, enabling medication delivery teams to enhance patient safety and compliance. | $11,760,000 | 7/11/2023 | Bluestem Capital Company, Falcon Vision (United States), Flying L Partners, Kohlberg Kravis Roberts, UF Innovate Ventures, Visionary Venture Fund | Later Stage VC |
Banyan | www.banyan.com | Holmdel | Information & High Technology | Developer of a data infrastructure platform intended to help retailers eliminate receipts and understand their customers. The company’s platform helps merchants to provide customers with SKU-level transaction details in their financial applications along with personalized messaging and financial institutions to increase customer engagement, enabling clients to deliver personalized and memorable experiences that increase engagement and grow revenue. | $10,000,000 | 7/12/2023 | Bridge Bank, David Chubak, Dorm Room Fund, Elizabeth Street Ventures, Fenway Summer, Fin Capital, FIS Impact Ventures, Gaingels, Interplay (New York), Jonathan Weiner, Kube VC, Kushagra Saxena, M13, Manifold Group, MoreThan Capital, Motivate Venture Capital, Plug and Play Tech Center, Sertainty, TTV Capital, Vision Capital Group | Early Stage VC |
Knowt | www.knowt.com | East Brunswick | Information & High Technology | Developer of an education platform designed to help students to create and study flashcards or notes and instantly receive interactive quizzes. The company’s platform offers the conversion of notes into questions and also offers practice tests, enabling students to save time and effectively focus on learning. | $2,580,000 | 7/12/2023 | Calm Ventures, Course Hero, Learneo (California), Mucker Capital, Regatta Capital Group, StartersHub | Seed |
Prospective | www.prospective.co | Hoboken | Information & High Technology | Developer of analytics platform designed for building products providing in-browser visualization of high-frequency streaming data. The company platform provides fast, interactive analytics & data visualization products for large datasets, enabling builders, consumers, and analysts of large and streaming datasets to deliver and act on insights without a need to understand their complexity. | $6,000,000 | 7/18/2023 | Essence Ventures, Giant Machines, Irregular Expressions, Point72 Ventures, REFASHIOND Ventures, Silicon Badia | Seed |
Disprz | www.disprz.ai | West Orange | Information & High Technology | Developer of a mobile learning and engagement platform designed to help organizations digitally onboard, up-skill, continuously develop, and empower employees across organizational ranks. The company’s platform delivers engaging education and training experiences online on all devices in emerging market conditions through tools like social media, mobile, cloud, and analytics, enabling enterprises to positively impact their business by helping their workforce integrate knowledge into their daily work. | $30,000,000 | 7/19/2023 | 360 ONE, Akshay Soni, Auctus Capital, Dallas Venture Capital, Emerge Education (VC), GO1, IL&FS Investment Managers Limited, Kae Capital, KOIS, Lumos Capital Group, Mars Growth Capital, Oracle, Rajeev Grover, Sameer Khetarpal, Silverneedle Ventures, Smita Nair, T S Hariharan, VentureOut (US) | Later Stage VC |
Auramet Trading | www.auramet.com | Teaneck | Finance and Professional Services | Provider of metals merchanting, financing, and investment services intended to serve the metals and mining sectors. The company is comprised of three main activities including physical metals trading, metals merchant banking (including an active investing and lending business), and advisory, focused on precious metals and some base metal concentrates such as copper, zinc, and nickel, enabling clients to receive services from extraction and production to manufacturing and consumption as per their requirements. | $300,000,000 | 7/20/2023 | Gerber Goldschmidt Group | Debt – General |
Upside Health | www.upside.health | South Orange | Life Sciences | Operator of a healthcare technology platform designed to reduce cost and improve outcomes for chronic pain patients. The company’s platform offers remote patient monitoring and engagement tools and applications for remote chronic pain care, enabling clinicians to access valuable data for improved care without increasing the clinical burden and patients to take control of their chronic pain through sound data and social support. | N/A | 7/20/2023 | 360 Venture Collective, Alumni Ventures, Bayer, Beta Boom, Cedars-Sinai, G4A, HearstLab, Innovation to Impact, Monarq, Quake Capital, Techstars | Seed |
Vytalize Health | www.vytalizehealth.com | Hoboken | Life Sciences | Developer of enablement platform designed to help primary care doctors strengthen relationships with their patients through data-driven, holistic, and personalized care. The company’s care delivery model transforms the healthcare experience for Medicare beneficiaries by helping them manage their chronic conditions in collaboration with their doctors and also provides an all-in-one software including value-based incentives, smart technology, and a virtual clinic, enabling small and large independent practices to succeed in value-based care arrangements. | $100,000,000 | 7/24/2023 | Beresford Ventures, Dreamit Ventures, Enhanced Healthcare Partners, Ghawi Capital LLC, Hudson River Capital Partners, Innoppl, K. Invest Holding, Kawn Ventures, Khaleed Kanaan, KittyHawk Ventures, Monroe Capital, Next Equities, North Coast Ventures, Ranco Capital, Robert Howe, SpringTide Ventures (US), Wavemaker Three-Sixty Health | Later Stage VC |
Gaud-Hammer Gaming Group | www.g3esports.gg | Atlantic City | Film and Digital Media | Operator of an esports gaming and entertainment agency intended to deliver entertaining products and services that resonate within the gaming community. The company’s agency features a variety of video games from sports to shooting games, and delivers engaging products, focusing on e-gaming technologies and user experience interfaces, enabling gamers to compete against each other and streamline the process of gaming. | $5,510,000 | 7/25/2023 | Michael D’Ottavio | Later Stage VC |
PlayStar | www.playstar.com | Jersey City | Film and Digital Media | Operator of an online gambling platform intended to provide an online casino experience. The company’s platform offers personalization, engagement, and exemplary customer service every time they pass through the casino’s digital doors, delivering a hyper-personalized experience alongside unique engaging content, all built on real-time player data, enabling users to play for big jackpots and enjoy the most popular casino games around. | N/A | 7/25/2023 | Glitnor Ventures, Meyer Global Management | Early Stage VC |
Sk3w Technologies | www.sk3w.net | Hoboken | Information & High Technology | Provider of consultancy and technical services intended for equal access to markets. The company utilizes proprietary hardware and software and offers latency standardization, data capture compliance, and policy enforcement services, enabling clients with transparent access to markets. | $7,000,000 | 7/25/2023 | Citadel Securities, IMC Trading, Jump Trading, Optiver, Thomas Joyce, Tower Research Capital, XR Trading | Early Stage VC |
Epsilla | www.epsilla.com | Jersey City | Information & High Technology | Provider of an open-source vector database intended to bridge the gap in information retrieval and memory retention in generative AI. The company offers low-latency searches across billions of vectors, consumption-based database-as-a-service and comprehensive APIs and multi-language bindings, enabling clients to access an information retrieval foundation for the next generation of AI applications. | $500,000 | 7/31/2023 | Y Combinator | Accelerator/Incubator |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
QEI | www.qeiinc.com | Springfield | Advanced Manufacturing | Manufacturer of substation automation equipment intended for electric network monitoring and control applications. The company offers automation equipment, thereby enabling its clients to be provided with engineering, manufacturing, training, and service personnel to support each of their requirements from inception to completion. | N/A | 7/1/2023 | N/A | Buyout/LBO |
gSource (Surgical Devices) | www.gsource.com | Emerson | Life Sciences | Manufacturer of medical equipment intended for orthopedic and spinal surgical procedures. The company offers German surgical stainless steel and machined U.S. surgical stainless steel instruments used in orthopedic and spinal procedures enabling clients a wide range of quality and services. | N/A | 7/5/2023 | Arch Medical | Merger/Acquisition |
Injection Works | www.injectionworks.com | Mount Laurel | Advanced Manufacturing | Manufacturer of plastic injection molding equipment located in Mount Laurel, New Jersey. The company provides custom thermoplastic injection molding and related services to a variety of clients in the construction, electrical, furnishings, industrial, medical and transportation market segments. | N/A | 7/7/2023 | Nelson Miller | Buyout/LBO |
NextPhase Medical Devices | www.nextphasemed.com | Waldwick | Advanced Manufacturing | Provider of contract manufacturing services committed to give a significant and meaningful impact on patients’ lives. The company specializes in the design, engineering and manufacturing of complex single-use devices (SUD) and electromechanical devices (EMD) along with active implantables, enabling its clients from multinational OEMs to startups to improve the quality of life of patients. | N/A | 7/11/2023 | Arterex | Buyout/LBO |
IVERIC bio | www.ivericbio.com | Cranbury | Life Sciences | IVERIC bio Inc is a biopharmaceutical company focused on the discovery and development of novel treatment options for retinal diseases with significant unmet medical needs. The company is developing both therapeutic product candidates for age-related retinal diseases and gene therapy product candidates for orphan inherited retinal diseases, or IRDs. | $5,900,000 | 7/11/2023 | Astellas Pharma | Merger/Acquisition |
Coining Manufacturing | www.coining.com | Clifton | Advanced Manufacturing | Manufacturer of precision machined and stamped components intended to serve the aerospace and military industries. The company manufactures CNC machining, wire EDM, metal stamping and coining and screw machine products through a team of experienced engineers, thereby providing quality products as required by clients. | N/A | 7/13/2023 | Gem Manufacturing | Buyout/LBO |
Navigant System | www.navigant-systems.com | Island Heights | Finance and Professional Services | Provider of professional engineering services for global warfighters and system engineers intended to serve the defence and space industry. The company’s services include command, control, computers, communications, cyber, intelligence, surveillance and reconnaissance, enabling customers and organizations with solutions for space and defence operations. | N/A | 7/24/2023 | RSC2 | Merger/Acquisition |
Keen Vision Acquisition | N/A | Summit | Finance and Professional Services | Keen Vision Acquisition Corp is a blank check company. | $130,000,000 | 7/25/2023 | N/A | IPO |
2Secure | 2secure.biz | Ocean | Information & High Technology | Provider of cyber security services based in Ocean, New Jersey. The company specializes in ransomware attack simulation, web application security, external vulnerability assessment, web application assessment, email security and backup & recovery. | N/A | 7/26/2023 | Octapus | Merger/Acquisition |
Information Asset | www.information-asset.com | Old Tappan | Information & High Technology | Provider of data governance and risk management services intended to improved decision-making for their clients. The company focuses on data risk, privacy, governance and monetization enabling enterprises to evolve data governance from a conceptual idea to practical implementation, which helps foster more accurate, faster and overall improved decision-making for their clients. | N/A | 7/27/2023 | Premier International Enterprises | Buyout/LBO |
Accessplus Communications | www.uspl.com | Mahwah | Information & High Technology | Provider of telecommunications access solutions catering to enterprises, small businesses, educational institutions and municipalities. The company offers services related to enterprise networking, business-hosted VOIP and internet connectivity. | N/A | 7/31/2023 | RingSquared Telecom | Merger/Acquisition |
Celularity | www.celularity.com | Florham Park | Life Sciences | Celularity Inc is a clinical-stage biotechnology company developing off-the-shelf placental-derived allogeneic cell therapies including genetically modified and unmodified NK cells, engineered T cells including CAR-T cells, and mesenchymal-like adherent stromal cells, targeting indications across cancer, immunologic, infectious, and degenerative diseases. | $9,000,000 | 7/31/2023 | N/A | PIPE |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Arcadia Consumer Healthcare | www.arcadiach.com | Bridgewater | Life Sciences | Manufacturer and distributor of over-the-counter (OTC) medicines and vitamins and nutritional supplements intended for the consumer healthcare market. The company offers products including anti-dandruff shampoo, scalp psoriasis shampoo and conditioner, multivitamins, diarrhea and upset stomach reliever and anti-fungal repair for foot and nail as well as provides cough relief products for adults with high blood pressure and/or diabetes, ensuring its customers to self-treat their everyday problems. | $165,000,000 | 6/1/2023 | Bansk Group, Constitution Capital Partners | Debt – General |
AssayMe | www.assayme.com | Morristown | Life Sciences | Developer of a personal wellness and health assistant designed to help patients to monitor health conditions and prevent potential medical problems. The company offers proprietary urine test strips and technology for monitoring wellness and health, provides users a convenient, accurate, cost-effective way to get an interpretation, take a survey to collect medical history and consult a doctor, enabling the patients to take urine tests and interpret the results in minutes at home itself. | N/A | 6/1/2023 | Jumpstart Foundry, Ukrainian Startup Fund, XLerateHealth | Early Stage VC |
Cross River Bank | www.crossriver.com | Fort Lee | Finance and Professional Services | Provider of financial services intended to deliver responsible financial solutions that empower businesses and consumers anytime, anywhere. The company focuses on regulatory compliance and consumer protection to offer secure, application programming interface-based banking platforms and products encompassing lending, payments, risk management as well as banking-as-a-service (BaaS) offerings, thereby enabling a full-service and intuitive banking experience to its clients. | $11,000,000 | 6/1/2023 | N/A | PE Growth/Expansion |
GI Biopharma | www.gi-biopharma.com | East Hanover | Life Sciences | Operator of treatments for inflammatory bowel disease (IBD) intended to solve health problems with dysbiosis. The company develops new treatments (IBD) and other health problems associated with dysbiosis of gut microbiota by targeting the potential root cause, enabling patients to get rid of inflammatory bowel disease with GI001 probiotics dietary supplement (capsule). | N/A | 6/1/2023 | Westfield BioVentures | Later Stage VC |
HomeSource | www.homesourcesystems.com | Sewell | Information & High Technology | Developer of software intended to serve independent retailers in big-ticker retail industries such as appliances, furniture, and decorative bath. The company offers internet marketing, web designing, app development, 3-dimensional display and software development, thereby providing its customers with large amounts of data aggregated in one single, usable system. | N/A | 6/1/2023 | Reliable Softworks | PE Growth/Expansion |
Library Automation Technologies | www.latcorp.com | Somerdale | Information & High Technology | Manufacturer of self-checkout systems and automation devices intended for libraries. The company offers media storage, a self-checkout system and digital signage, enabling its clients with an automated and streamlined process. | N/A | 6/1/2023 | N/A | PE Growth/Expansion |
Melinta Therapeutics | www.melinta.com | Parsippany | Life Sciences | Developer of novel small-molecule antibiotics intended to focus on the treatment of resistant infections. The company develops treatments for bacterial infectious diseases, particularly respiratory tract infections and staphylococcal infections and is focused on treating community-acquired bacterial pneumonia, as well as gonorrhea and other indications, enabling clients to get safe and differentiated antibiotics for acute care. | $120,000,000 | 6/1/2023 | Deerfield Management | Debt – General |
Optimeos Life Sciences | www.optimeos.com | Princeton | Life Sciences | Developer of encapsulation technology-based drugs designed to use biologics, peptides, and RNA to treat disease. The company’s technology addresses current issues with many biologics and peptide therapeutics, by protecting and delivering agents to their intended targets within the body, enabling patients with sustained delivery of peptide therapeutics using nano-composite microparticles. | $5,000,000 | 6/1/2023 | 7G Bioventures, JSR Life Sciences, Longview Innovation, National Institutes of Health, National Science Foundation | Seed |
PolyGone (Environmental Services) | www.polygonesystems.com | Princeton | Clean tech | Operator of a cleantech company intended to design the first portable and affordable microplastic removal device. The company offers an affordable, portable and environmentally friendly microplastic sequestration device which is a modular water treatment wetland pad that utilizes organic and artificial root networks as biofilters to passively entrap microplastics and is designed to work in rivers and plant root fibers exude a gelatinous film that easily entraps and absorbs small river sediments like microplastics, enabling people to use entrap microplastic sediments without disrupting the aquatic ecosystem. | N/A | 6/1/2023 | Ballard Spahr, National Science Foundation Innovation Corps Program, New Jersey Economic Development Authority, Princeton Alumni Entrepreneurs Fund, Sea Grant, Unshackled Ventures | Early Stage VC |
Let Us Nudge | www.letusnudge.com | Columbus | Finance and Professional Services | Provider of patent-pending, emergent technology services intended to provide restaurant seating maximization. The company helps shape customer behaviour by optimizing restaurant traffic and frequency, increasing customer satisfaction and building customer loyalty, allows restaurants to offer incentives to help turn tables during busy times or fill tables during slower times, enabling restaurants and customers to have secure, seamless, and subtle restaurant-customer experience, to maximize seating efficiencies during busy and slow times. | N/A | 6/3/2023 | International Accelerator | Accelerator/Incubator |
FirstEnroll | www.firstenroll.com | Tinton Falls | Information & High Technology | Provider of third-party billing services intended for health insurance billing and enrollment needs from recurring payment to billing customer service. The company offers services such as recurring billing subscriptions, customized and standard business reports, detailed financial audit and reconciliation, internal and external customer database forms, setup of multiple customer products with custom pricing, real-time sales commission tracking and more. | N/A | 6/12/2023 | N/A | PE Growth/Expansion |
SkillSignal | www.skillsignal.com | Skillman | Information & High Technology | Developer of a construction field software intended to simplify the safety, compliance and efficiency of the workers. The company’s software simplifies, automates and optimizes all critical workforce operations and compliance and helps companies and contractors to support their foremen, staff management, enabling users to know the whereabouts of employees while reducing field admin workload. | $500,000 | 6/12/2023 | F2 Ventures | Early Stage VC |
CircleBlack | www.circleblack.com | Jersey City | Information & High Technology | Developer of a wealth management platform designed to fill the gap in the marketplace by combining data integration and aggregation with ease of use and implementation. The company uses multiple aggregators to combine feeds from custodians, direct holdings and clients’ held-away accounts, offering advisors the ability to generate daily performance reports, basic billing, access to clients’ 401k investment choices and rebalancing. | $8,250,000 | 6/13/2023 | N/A | PE Growth/Expansion |
Megadata | www.getmegadata.com | Lakewood | Information & High Technology | Developer of SaaS-based business intelligence platform intended to help healthcare organizations improve patient care. The company’s platform offers various tools such as clinical, billing, labor, purchasing, financial, and many more, enabling healthcare organizations to identify trends and patterns in patient data, which can be used to improve clinical decision-making. | $970,000 | 6/13/2023 | Blossom Street Ventures, Channel Equity Partners | Later Stage VC |
TETmedical | N/A | Fair Haven | Life Sciences | Developer of tethered enzyme technology intended to develop a multiplex assay for diagnosis of SARS-CoV-2, influenza, RSV, and adenovirus. The company specializes in blood testing for brain injury associated with stroke, the device measures less than a hundredth the width of a human hair, and the catalytic efficiency of enzymes immobilized on nanoparticles, enabling health professionals to offer services in critical sensitive areas of operation. | $2,460,000 | 6/13/2023 | Empire State Development, SideCar Angels, Xero54 | Seed |
Corcentric | www.corcentric.com | Cherry Hill | Information & High Technology | Provider of cloud-based software, payments and advisory services intended to modify how companies purchase, pay and get paid. The company offers end-to-end payments, accounts payable and accounts receivable technology solutions through its proprietary payments network to enterprise and middle-market businesses, empowering customers to enable growth, optimize working capital, enhance visibility and minimize risk. | $315,000,000 | 6/14/2023 | Bregal Sagemount | Debt – General |
Elucida Oncology | www.elucidaoncology.com | Monmouth Junction | Life Sciences | Developer of therapeutics designed to target cancer with precision engineering technology. The company’s platform produces novel therapeutics that clear rapidly and efficiently from the body, reducing the potential for off-target toxicities and resulting in an improved safety profile for patients, enabling physicians to help precise tumor targeting deep tumor penetration and better tumor-killing efficacy. | $45,220,000 | 6/15/2023 | Alpine Visionary Venture, Barshop Ventures, Beth Dryden, Caesar Djavaherian, Daniel Grellner, Daniel Petro, Dominick Abel, Donald Hinkle, Dreavent, Edgar D. Jannotta Jr. Exempt Family Trust, Gideon Bollag, Howard Worman, James Winschel, Jeff Eslin, Joel L Hochman Revocable Trust, John Carton, Jonathan Franks, Joshua Berkowitz, Michael Fedida, Michael Sherman, Raymond Wong, Richard Alan Graham Hiba T Graham Joint Tenant, Richard Reiter, Robert Ertner, Robert Newsome, Robert S. Colman Trust, Stanley Marks, Stephen Bender, The R Scott Greer & Michelle Greer Revocable Trust, The Steven and Kaye Yost Family Trust, William Huff | Later Stage VC |
EDXM | www.edxmarkets.com | Hoboken | Information & High Technology | Operator of a digital asset marketplace designed to meet the needs of both crypto-native firms and financial institutions. The company is focused on bringing liquidity to the crypto markets aggregated on a single technology platform, with competitive pricing and transparent markets, thereby providing users with a technologically advanced and highly liquid exchange platform for a hassle-free trading experience. | N/A | 6/20/2023 | Charles Schwab, Citadel Securities, DV Crypto, Fidelity Digital Assets, Global Trading Systems, GSR, Hudson River Trading, Miami International, Paradigm (Crypto Fund), Sequoia Capital, Virtu Financial | Early Stage VC |
Cyware | www.cyware.com | Jersey City | Information & High Technology | Developer of a cybersecurity threat intelligence sharing platform designed to help clients respond to and manage security threats in real-time. The company’s platform offers cyber fusion for all-source strategic, tactical, technical, and operational threat intelligence sharing and threat response automation, enabling organizations to get automated context-rich analysis of threats for a proactive response without losing the element of human judgment. | $30,000,000 | 6/21/2023 | Advent International, Aleksandr Yampolskiy, Andrew Peterson, Aviso Ventures, Crosspoint Capital Partners, Emerald Development Managers, Great Road Holdings, North Andover Investor Collaborative II, Prelude Venture Fund, Tanium, Ten Eleven Ventures, Thomas Noonan, Zane Lackey, Zscaler | Later Stage VC |
Prompt | www.promptemr.com | Paramus | Life Sciences | Developer of a EMR and practice management software designed to effectively handle physical therapies. The company offers scheduling and documentation and helps users to schedule with ease and maximize the value of their existing patients while keeping it flexible enough to support your clinic’s unique workflow and caseload, enabling medical professionals to handle their clinic’s operations. | $6,040,000 | 6/23/2023 | Amity Ventures, SSC Venture Partners | Later Stage VC |
AdvisorCheck | www.advisorcheck.com | Englewood Cliffs | Information & High Technology | Operator of a monitoring platform intended to screen financial advisors. The company’s platform runs an instant background check and verification service in wealth management firms along with pre-engagement due diligence, ongoing monitoring, and rating review of financial advisors, enabling investors to build trust and invest their money safely. | $1,800,000 | 6/26/2023 | N/A | Seed |
LandskyAI | www.landsky.ai | Elmwood Park | Autonomous Vehicle | Developer of autonomous drones and robots designed for the inspection, security, and delivery industries. The company offers drones and robots that can be programmed to perform a variety of tasks, advanced sensors and cameras to see and understand the surroundings and artificial intelligence software to make decisions, enabling businesses to use the drones and robots to improve safety, security, and efficiency in a variety of industries. | $200,000 | 6/26/2023 | N/A | Seed |
Luxury Lease Partners | www.luxuryleasepartners.com | Montvale | Finance and Professional Services | Provider of car leasing program intended to drive new vehicles without buying. The company offers a variety of programs with a special focus on business leases, leases to foreign nationals, and sale-leasebacks specializing in financing cars, enabling individuals or businesses to lease Lamborghinis, Ferraris, Rolls Royces, and other exotic cars. | N/A | 6/26/2023 | PruVista Capital | Debt – General |
Lulu Snacks | www.likeairsnacks.com | Madison | Food & Beverage (Non-Retail) | Producer of baked food items intended to offer a salty snack. The company provides baked puffcorn and traditional popcorn and is a nut-free facility and is free from seven of the major allergens, including wheat, soy, peanuts, tree nuts, eggs, fish, and shellfish, enabling customers with flavored and gluten-free food items. | $2,180,000 | 6/27/2023 | N/A | Seed |
Clockout | www.clockoutapp.com | Bridgewater | Information & High Technology | Developer of a social platform designed to make friends and build networks naturally. The company’s platform provides a tailor-made ecosystem for post-grads and young professionals with features such as buddies, group chats, events, and meetups, enabling users to form social connections and build their personal networks. | $760,000 | 6/30/2023 | N/A | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Penelope Bourbon | www.penelopebourbon.com | Roselle | Food & Beverage (Non-Retail) | Producer and retailer of alcoholic beverages catering bourbon whiskey industry. The company offers grain, barrel-toasted, straight whiskeys, cocktails and merchandise. | $216,000,000 | 6/1/2023 | Luxco | Merger/Acquisition |
Pivot Point Security | www.pivotpointsecurity.com | Hamilton | Information & High Technology | Provider of information security assessment and consulting services intended to manage information security risk of organizations. The company offers vCISO, third-party risk management, governance, risk and compliance, security awareness education, penetration testing and phishing, network security, application security, assessments and audits and business continuity management enabling its clients to get their required services. | N/A | 6/1/2023 | CBIZ | Merger/Acquisition |
TOTALogistix | www.totalogistix.com | Sparta | Information & High Technology | Provider of cloud-based transportation management systems (TMS) intended to serve manufacturers, retailers and distributors in North America. The company’s platform offers TMS – total access solution, contract management, network design, data management and claims management services, thus enabling clients to keep costs down, customers happy and gain a significant competitive advantage. | N/A | 6/1/2023 | Aptean | Buyout/LBO |
Finelli Consulting Engineers | www.finelliconsulting.com | Washington | Finance and Professional Services | Provider of client-focused engineering services catering to private, municipal, federal, state and county government. The company specializes in civil engineering, environmental engineering, surveying and wetland services, thereby helping clients to keep the complexity of the design to a minimum and help to save unnecessary construction costs. | N/A | 6/2/2023 | Universal Technical Resource Services | Merger/Acquisition |
Star Glo Precision (Swiss Screw Machining Business) | N/A | Carlstadt | Advanced Manufacturing | Provider of Swiss screw machining services based in Carlstadt, New Jersey. | N/A | 6/5/2023 | Accudynamics | Buyout/LBO |
Unique Homes Magazine | www.uniquehomes.com | Princeton | Film & Digital Media | Publisher of real estate magazines catering to affluent individuals interested in high-end real estate. The company operates as a regional print publication and provides a multimedia platform of print, online, digital, custom publishing and social media resources that connects luxury professionals with buyers and sellers. | N/A | 6/8/2023 | Chalk Digital | Merger/Acquisition |
John Wm. Macy Cheesesticks | www.johnwmmacys.com | Elmwood Park | Food & Beverage (Non-Retail) | Producer of bakery products company catering to New Jersey and nearby localities. The company specializes in cheese sticks, cheese crisps and grilled crostini toasts and intends to bake crunchy and tasty snacks. | N/A | 6/8/2023 | BRIANNAS Fine Salad Dressing | Merger/Acquisition |
VGYAAN Pharmaceuticals | www.vgyaan.com | Skillman | Life Sciences | Operator of a specialty pharmaceutical company intended to improve drug therapies for patients. The company specializes in the development and commercialization of clinically critical therapies across a variety of dosage forms and therapeutic categories, including generics and drugs, enabling patients to receive valuable drug therapies. | N/A | 6/13/2023 | RK Pharma | Buyout/LBO |
Custom Alloy | www.customalloy.us | High Bridge | Advanced Manufacturing | Manufacturer of seamless and welded pipe fittings and forgings focused on servicing the time-critical maintenance and repair market. The company offers a wide range of non-commodity and specialty piping products made of materials such as carbon steels, chrome-moly steels, alloy steels, stainless steel, nickel alloys, aluminum alloys and copper alloys, which are utilized in highly demanding conditions such as high-pressure lines, corrosive environments, heat severity and nuclear applications. | N/A | 6/20/2023 | Trident Maritime Systems | Buyout/LBO |
Ground/Water Treatment & Technology | www.gwttllc.com | Wharton | Clean Tech | Provider of groundwater treatment systems for environmental consulting, chemical, pharmaceutical, utility and oil and gas sectors. The company offers services catering to system design, civil, electrical and mechanical site work, equipment fabrication and customization, dewatering as well as licensed operation, enabling clients to receive maintenance for groundwater remediation as per their requirements. | N/A | 6/21/2023 | N/A | Buyout/LBO |
Tripod Canning | www.tripodcanning.com | Kenilworth | Advanced Manufacturing | Provider of canning services catering to small and mid-sized breweries, cider, and beverage companies. The company offers services including can filling, materials procurement, cans, labels, date coding, seam checking, dissolved oxygen testing and logistics management, thereby enabling the craft beverage industry to improve its business. | N/A | 6/23/2023 | Bevcraft | Merger/Acquisition |
Flowonix | www.flowonix.com | Mount Olive | Life Sciences | Developer of a medical therapeutic device created to ease drug infusion and delivery to patients. The company specializes in the development of implantable devices to deliver and infuse therapeutic drugs into the spine for the management of chronic and various pain, enabling physicians and healthcare professionals to use enhancing drugs for the treatment of neurological disorders. | N/A | 6/26/2023 | Algorithm Sciences | Merger/Acquisition |
Novastep | www.novastep.life | Englewood Cliffs | Life Sciences | Developer of clinically proven foot and ankle solutions based in Englewood Cliffs, New Jersey, United States. The company focuses on designing, developing, and commercializing products to treat conditions that affect the bones, joints and soft tissues of the foot and ankle. | N/A | 6/28/2023 | Enovis | Merger/Acquisition |
Ackley Machine | www.ackleymachine.com | Moorestown | Advanced Manufacturing | Manufacturer of pharmaceutical printing and drilling machines intended to serve the pharmaceutical, nutraceutical and confectionary sectors. The company’s products and services include pharmaceutical printing machines, laser drilling and marking machines, pharmaceutical and confectionary printing, enabling organizations with custom-engineered solutions for laser drilling solutions. | N/A | 6/29/2023 | R-V Industries | Merger/Acquisition |
City Theatrical | www.citytheatrical.com | Carlstadt | Advanced Manufacturing | Manufacturer of lighting accessories intended for the entertainment and architectural industry. The company offers power supplies, fog equipment, switch boxes, projector dowser, moving light accessories and adapters. | N/A | 6/30/2023 | Environmental Lights | Buyout/LBO |
Northpass | www.northpass.com | Parsippany | Information & High Technology | Developer of an online training platform intended to train teams, customers and partners. The company’s platform includes white labeling, online course creation, real-time data and reporting, thereby enabling clients with no e-learning expertise to easily create and deliver original online training content that engages learners and improves business outcomes. | N/A | 6/30/2023 | Gainsight | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Hindsight (Media and Information Services (B2B)) | www.hindsightsolutions.net | South Plainfield | Information & High Technology | Developer of a contextual search advertising platform designed to help monetize and engage audiences in a cookie-less web. The company’s platform powers content-targeted campaigns and publisher units which dynamically change based on the content it is being served again, enabling publishers and advertisers to improve content targeting, and conversion and diversify away from dependencies on third-party cookies. | N/A | 5/1/2023 | Plug and Play Tech Center, Rines Angel Fund | Angel |
Nurses 24/7 | www.nurses247.com | Wayne | Finance and Professional Services | Provider of nurse staffing services intended to create a staff relief program that directly gives back to the communities. The company specializes in temporary, contract and permanent placement of healthcare professionals primarily in acute care facilities based on per diem, contract, travel and permanent staffing, thereby ensuring its clients meet their critical staffing needs affordably. | N/A | 5/1/2023 | N/A | PE Growth/Expansion |
Soterix Medical | www.soterixmedical.com | Woodbridge | Life Sciences | Developer of medical devices and accessories intended to focus on neuromodulation and brain stimulation technologies. The company’s products specialize in brain stimulation, transcranial electrical stimulation (tES), and high-definition-transcranial electrical stimulation (HD-tES), enabling clinicians and patients with safe, effective, and user-friendly neuromodulation technology. | N/A | 5/1/2023 | Armed Forces Medical Examiner System, Defense Advanced Research Projects Agency, Institute of Education Sciences, National Aeronautics and Space Administration, National Institutes of Health, National Institutes of Mental Health, National institutes of Neurological Disorders and Stroke, National Science Foundation, U.S. Department of Health and Human Services, United States Department of Defense, United States Department of Education | Accelerator/Incubator |
ViewMind | www.viewmind.com | Alpine | Life Sciences | Developer of a health assessment device designed to predict the onset of Alzheimer’s disease. The company’s device uses high-precision eye-tracking and conducts a non-invasive and standardized test to analyze the symptoms with their own algorithms by quantifying the cognitive performance of a person, analyzing executive, attentional, and memory functions, and detecting minor changes in their performance through short periods of time, enabling health professionals to diagnose the neurocognitive disorders. | N/A | 5/1/2023 | Cites Startups, iTHINK Financial, iThink VC, Luxinnovation, R3i Ventures, Verge HealthTech Fund, Wealthing VC Club, Wealthing VC Fund | Later Stage VC |
Avotres | www.avotres.com | Cedar Knolls | Life Sciences | Operator of a biotechnology company intended to develop and commercialize transformational therapies and drugs in autoimmune diseases, cancers, and transplantation. The company develops drugs using science built on elucidating the fundamental mechanism of peripheral self-nonself discrimination after thymic negative selection in the context of immune self-tolerance to address the common root cause of autoimmune diseases, enabling healthcare professionals and doctors to find a better cure for cancer and other related diseases. | $4,000,000 | 5/4/2023 | Foothill Ventures, Proxima Ventures (China) | Later Stage VC |
Detamoov | www.detamoov.com | Riverton | Information & High Technology | Developer of a no-code platform designed to offer data integration in the way data moves. The company’s platform helps to eliminate manual tasks, duplicate data entry, share data and provide connectivity to hrm platforms, enabling businesses of all sizes to improve their data integration and reduce costly errors. | $200,000 | 5/4/2023 | TinySeed | Accelerator/Incubator |
Diamond Communications | www.diamondcomm.com | Springfield | Information & High Technology | Operator of a wireless communications infrastructure firm intended to serve individuals and commercial property owners, real estate investment trusts (REITs) and municipalities. The company’s focus lies on managing properties and structures and thousands of miles of rights-of-way across the country, thereby enabling clients to receive efficient and flexible arrangements as per their business needs. | N/A | 5/4/2023 | N/A | PE Growth/Expansion |
Fleetwash | www.fleetwash.com | Fairfield | Advanced Transportation & Logistics | Provider of mobile truck and fleet washing services intended for various industries including restaurants, transportation, gas stations and retail chains. The company offers professional cleaning services including parking lot, sidewalk and landscape washing, snow plowing and salting, parking lot sweeping and compactor cleaning along with solar panel cleaning as well as coil cleaning services to businesses. | N/A | 5/4/2023 | N/A | PE Growth/Expansion |
Tendo Technologies | www.tendo.tech | Princeton | Advanced Manufacturing | Manufacturer of flow sensors and dispensing systems intended for commercial and industrial applications. The company offers miniature sensors based on the novel EFV technology to detect flow rates and measure temperature and provides medical injections, infusion pumps, tube sets, HVAC, and AUV, thereby enabling medical, agriculture, food, and manufacturing sector industries to monitor flow rate and pressure measurements with cost-effective dispensing systems. . | $2,000,000 | 5/4/2023 | Keller Center’s eLab, National Science Foundation, Rhapsody Venture Partners, True Capital Management, Tyche Partners | Seed |
Canlak Coatings | www.canlakcoatings.com | North Brunswick | Advanced Materials | Operator of a holding company intended to focus on partnering with businesses with coatings technologies intended for sports gyms and commercial and residential clients. The company provides a full suite of branded car care products including topcoats, specialty coatings, clearcoats and other related accessories, thus helping clients to broad geographic reach focused on serving customers that are not targeted or effectively serviced by the industry’s largest players. | $30,000,000 | 5/5/2023 | N/A | PE Growth/Expansion |
UVeye | www.uveye.com | Teaneck | Advanced Manufacturing | Developer of vehicle inspection systems designed to detect threats or modifications of vehicles. The company’s systems utilize high-resolution, high-speed cameras along with machine learning and computer vision to detect and identify concealed weapons and other contraband, enabling government organizations vehicle manufacturers, rental companies, and logistical centers to improve maintenance and security levels. | $100,000,000 | 5/9/2023 | CarMax Enterprise Services, Epsilon Partners, F.I.T. Ventures, GM Ventures, Goldbell Investments, Hanaco Ventures, Honda Xcelerator, Hyundai Motor, Meitav Dash Investments, Menora Mivtachim, MORE Investment House, NextGear Ventures, Plug and Play Tech Center, SeedIL Ventures, Teramips Technologies, Toyota Tsusho, Via.Io, Volvo Cars Technology Fund, W.R. Berkley | Later Stage VC |
Connectifi | www.connectifi.co | Montclair | Finance and Professional Services | Developer of a platform designed to provide frictionless secure interoperability for all financial services applications. The company offers a fast, easy, and flexible way to implement the Financial Desktop Connectivity and Collaboration Consortium standards, enabling banks, fintech companies, investment firms, and other entities within the financial sector to gain access to a comprehensive system for enhanced interoperability and connectivity. | $3,400,000 | 5/10/2023 | Blumberg Capital, Engineering Capital | Seed |
Leap ( Real Estate Services ) | www.leapeasy.com | Jersey City | Information & High Technology | Developer of a real-estate platform designed to improve the financial performance of landlords through innovative insurance products. The company’s platform mitigates the need for landlords to take security deposits, thereby streamlining the leasing process, reducing move-in costs for renters, and driving higher occupancy rates, enabling potential residents to move into a new home accessibly and affordably. | $6,500,000 | 5/12/2023 | Accelerant Holdings, Adam Meshekow, Altai Ventures, Aquila Capital Partners, Greenlight Capital Re, Jeffrey Zilberman, John Mordach, Joshua and Lolita Taub, Kenneth Fikes, Ran Zheng, Richard and Moira O’Connell, Richard Ritchie, The Betsy J Bernard Trust, Transverse Ventures | Later Stage VC |
Onkos Surgical | www.onkossurgical.com | Parsippany | Life Sciences | Developer of precision orthopedics designed to reduce complexity and address the clinical challenges of musculoskeletal cancers and complex conditions. The company’s products are rooted in unmatched expertise in patient imaging analysis, personalized surgical planning, and the latest advancements in three-dimensional printing, enabling healthcare professionals to reduce complexity and address the clinical challenges associated with tumor surgery. | $33,500,000 | 5/12/2023 | 1315 Capital, 3D Systems, 3D Ventures, Canaan Partners, Rocky Point Ventures, SV Health Investors | Later Stage VC |
Diligent Qualification Platform | www.diligentpharma.com | Princeton | Life Sciences | Developer of a cloud-based research platform designed to streamline the selection and qualification of clinical trial service providers. The company’s platform makes it easy for trial sponsors to identify and qualify relevant potential suppliers much more quickly than by using traditional methods and reduces the time and resources needed for vendor qualification, enabling industry vendors to be more visible and easily accessible to organizations actively searching for partners to conduct clinical research. | $8,270,000 | 5/15/2023 | FCA Health Innovations, GenHenn Capital, PJC | Later Stage VC |
Molecular Surface Technologies | www.mosutech.com | Warren | Life Sciences | Operator of a company intended to develop and license/sell surface treatment technologies to companies who manufacture/distribute end products. The company is currently operating in stealth mode. | $260,000 | 5/15/2023 | National Science Foundation | Grant |
SageSure | www.sagesure.com | Jersey City | Finance and Professional Services | Provider of insurance services intended to protect valuable assets. The company manages general underwriting of residential property in the United States and provides insurance products, solutions, and comprehensive coverage to homeowners in underserved areas and selects the right policy as per customers’ needs, helping customers save on premiums without sacrificing coverage. | $250,000,000 | 5/15/2023 | N/A | PE Growth/Expansion |
Vendeee | www.vendeee.com | West Orange | Information & High Technology | Developer of enterprise solutions intended to connect vending operators to bonded vending route drivers. The company’s product offers a variety of features, including a wide selection of products from its vending machine, secure payments, and customer support, enabling businesses of all sizes to reach a global audience and grow their sales. | $120,000 | 5/15/2023 | Techstars | Accelerator/Incubator |
DiRx | www.dirxhealth.com | East Brunswick | Life Sciences | Developer of a digital pharmacy application designed to deliver significant savings to consumers on FDA-approved, prescription generic medications. The company’s application offers low-cost prescription medicines with no insurance, and provides customer support and extended pharmacist consultation hours to handle medication-related questions, enabling users to get medications at their convenience. | $5,000,000 | 5/17/2023 | N/A | Early Stage VC |
GoMo Health | www.gomohealth.com | Asbury Park | Life Sciences | Developer of a platform intended to be used for healthcare. The company’s platform provides detailed health risk data collection, behavioral analysis and intelligence gathering, personalizes remote patient activation, thereby bridging the communication gap between patients, members, caregivers and providers as well as providing the patient data. | N/A | 5/18/2023 | N/A | Debt – General |
LinusBio | www.linusbio.com | North Brunswick | Life Sciences | Operator of a patient-centric medicine company intended to improve human health through precision exposome medicine. The company specializes in offering precision exposome medicine focused on complex genomic diseases, providing clients with the technology for the analysis of genomic sequencing data. | $8,000,000 | 5/19/2023 | Bow Capital, David Bellet Family Office, Divergent Investments, Gillian Sandler, GreatPoint Ventures, Nicole Shanahan, Sanford Robertson, YAC Holdings | Early Stage VC |
Kanvas Biosciences | www.kanvasbio.com | Monmouth Junction | Life Sciences | Developer of imaging technology designed for microbial detection. The company develops a highly multiplexed imaging technology for microbial detection by illuminating microbial life with the help of cells, providing researchers with tools for research, and creating cures for infectious diseases. | $11,780,000 | 5/20/2023 | Cooke, DCVC, Lions Capital, Triple Impact Capital, Uncommon Denominator | Early Stage VC |
Kustomer | www.kustomer.com | Short Hills | Finance and Professional Services | Developer of a CRM platform designed to offer proactive customer service and support. The company’s platform provides a customer-centric tool that unifies everything that agents and teams need in one place to manage customer relationships and resolve issues, enabling clients to manage their business internally and communicate with customers externally. | $60,000,000 | 5/23/2023 | Battery Ventures, Redpoint Ventures | Later Stage VC |
ClockWork Logistics Systems | www.clockworkdelivery.com | Newark | Information & High Technology | Developer of an IoT-based digital delivery platform designed to connect global shippers to independent carriers working in local markets. The company’s cloud-based platform leverages intelligent automation and global smartphone deployment to collect real-time, actionable data from the app-enabled network, enabling logistics companies to digitize their network and offer a better delivery experience for the clients & consumers. | $1,310,000 | 5/26/2023 | Estes Express Lines, F-LOG Ventures, Maersk Growth, Newark Venture Partners, Newtown Partners, Next Logistics Accelerator, Plug and Play Tech Center, PSA Unboxed, TecPier, Vineta Ventures | Seed |
MoCaFi | www.mocafi.com | Newark | Finance and Professional Services | Developer of a personal finance platform designed to achieve economic equality through affordable, credit-building financial products. The company’s platform offers financial products and services in the areas of check cashing, custom loans, debit cards, financial literacy, data analytics, and personal finance via its mobile application and financial card, enabling users to check their balance, cash their paychecks and send money safely at no extra cost. | $23,500,000 | 5/31/2023 | 1flourish Capital, Andrew Ambruoso, Bernadette Aulestia, BNY Mellon, Capital Access Holdings, Citi Impact Fund, Citigroup Alternative Investments, Commerce Ventures, FinTech Sandbox, Frederick Terrell, MasterCard, Newark Venture Partners, Partnership Fund for New York City, Portfolia, Radicle Impact, Social Venture Circle, SustainVC, Thompson Hutton, Truist Ventures, Wells Fargo, Wende Hutton, Winwin | Later Stage VC |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Olympic Wire & Cable | www.olympicwire.com | Fairfield | Advanced Manufacturing | Manufacturer of wire and cable products designed to meet the needs of a variety of industries. The company offers electric wires and cables which are used in a variety of applications, including electrical wiring, telecommunications, industrial automation, medical devices, building automation and more. | N/A | 5/1/2023 | Genuine Cable Group | Buyout/LBO |
Western Carriers (Collector Business) | North Bergen | Advanced Transportation & Logistics | Operator of wine cellar transportation firm based in North Bergen, New Jersey. The company offers wine collection, storage and transportation services. | N/A | 5/1/2023 | Vino Vault | Buyout/LBO | |
AGO Insurance Software | www.agois.com | Mount Arlington | Information & High Technology | Provider of software services intended for insurance companies, brokers and agents. The company, through its software, offers both personal and commercial policy processing, claims management systems, rating engines and customer portals, providing customized solutions as per the needs of clients. | N/A | 5/3/2023 | N. Harris Computer | Merger/Acquisition |
Kenvue | www.kenvue.com | Skillman | Life Sciences | Kenvue is the world’s largest pure-play consumer health company by sales, generating $15 billion in annual revenue. Formerly known as Johnson & Johnson’s consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of silos within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women’s health. Its portfolio includes a wide array of some of the most well-known brands in the space, including Tylenol, Listerine, Johnson’s, Aveeno, and Neutrogena. Despite playing in a fragmented industry with intense competition and ever-changing consumer preferences, many of Kenvue’s brands are the global leader in their respective segment thanks to their strong brand power. | $3,801,880,000 | 5/4/2023 | N/A | IPO |
Assem-Pak | www.assempak.com | Vineland | Life Sciences | Manufacturer of packaging products intended for pharmaceutical, laboratory and medical device markets. The company offers glass, rubber, aluminum crimp seals and other packaging products, helping companies with the safety and purity of the products they bring to market. | N/A | 5/5/2023 | DWK Life Sciences | Buyout/LBO |
Citius Pharma | www.citiuspharma.com | Cranford | Life Sciences | Citius Pharmaceuticals Inc is a biopharmaceutical company with a focus on anti-infectives in adjunct cancer care, unique prescription products, and stem cell therapy. It is currently advancing four proprietary product candidates: Mino-Lok, which is an antibiotic lock solution used to treat patients with catheter-related bloodstream infections; Mino-Wrap, a liquifying gel-based wrap for reduction of tissue expander infections following breast reconstructive surgeries; Halo-Lido, a topical formulation that is intended to provide anti-inflammatory and anesthetic relief to persons suffering from hemorrhoids; NoveCite, a mesenchymal stem cell therapy for the treatment of acute respiratory distress syndrome. | $15,000,000 | 5/8/2023 | N/A | PIPE |
EMI Yoshi | www.emiyoshi.com | North Brunswick | Advanced Manufacturing | Supplier of premium disposable serving-ware intended to serve caterers, restaurants, schools, hotels and retailers. The company provides barware, espresso mugs, cutlery, dessert-ware, dinner bowls, plates, trays, stemware and other related products. | N/A | 5/10/2023 | Handgards | Buyout/LBO |
Matrix New World Engineering | www.mnwe.com | Florham Park | Clean Tech | Operator of an engineering and science company intended to solve national and global challenges in water, climate change, energy, transportation and infrastructure. The company specializes in environmental consulting, geotechnical engineering, civil engineering, offshore wind development and other related services, thereby enabling clients with careful planning and engineering to overcome environmental challenges. | N/A | 5/12/2023 | True Environmental | Buyout/LBO |
Fusion Fulfillment | www.fusionfulfillment.com | Brick | Finance and Professional Services | Provider of order fulfillment services intended to provide businesses with real-time reporting and an overall view of their inventory. The company offers a wide range of services, including e-commerce, subscription box, order, literature, pick and pack, enabling customers with systems integration, real-time reporting and customized services. | $2,700,000 | 5/12/2023 | N/A | Buyout/LBO |
FutureproofAI | www.futureproofai.com | Maplewood | Information & High Technology | Provider of technology consultancy services intended for the implementation of customer decision hub technology. The company’s services include advisory, implementation, analytics and operations, enabling its clients to avail enhanced value from artificial intelligence (AI) driven marketing services. | N/A | 5/12/2023 | Blend360 | Buyout/LBO |
US Pharma Lab | www.uspl.com | North Brunswick | Advanced Manufacturing | Provider of contract manufacturing services intended for clients in the pharmaceutical and nutraceutical industry. The company specializes in making nutritional supplements, capsules and custom designing pre-mixes and micro minerals along with value-added ingredients and formulations, thereby ensuring its clients with personalized multi-ingredient blends to meet their needs. | N/A | 5/18/2023 | Biofarma Group | Buyout/LBO |
Frey Engineering | www.freyengineering.com | Lebanon | Finance & Professional Services | Provider of engineering services intended to offer a wide range of environmental and civil engineering services. The company’s services include geotechnical engineering, wastewater treatment design, construction management, site planning, enabling clients to get cost effective engineering solutions. | N/A | 5/23/2023 | Liberty Environmental | Merger/Acquisition |
Made4net | www.made4net.com | Teaneck | Information & High Technology | Developer and provider of supply chain execution software designed for consumer goods, e-commerce, manufacturing, retail, wholesale distribution and third-party logistics. The company’s warehouse management platform is a cloud-based technology with real-time labor and transportation tracking, enabling clients to streamline the flow and visibility of inventory from the supplier to the end customer. | N/A | 5/25/2023 | Ingka Group | Merger/Acquisition |
DMK Pharmaceuticals | www.dmkpharma.com | Gladstone | Life Sciences | Operator of a drug development company intended for the treatment of opioid use disorder. The company offers drugs that behave like the body’s own opioids, enabling healthcare institutions to reduce common opioid side effects including respiratory depression and abuse potential. | $27,000,000 | 5/25/2023 | Adamis Pharmaceuticals | Merger/Acquisition |
Messer Americas | www.messer-us.com | Bridgewater | Advanced Manufacturing | Manufacturer and supplier of industrial gases intended for food, water treatment, healthcare, oil and gas, chemicals and electronics sectors. The company’s product offerings include argon, carbon dioxide, helium, hydrogen, nitrogen and oxygen which are delivered through extensive distribution and storage methods that best fit the client’s needs and it also offers a comprehensive selection of equipment and materials to support processes ranging from additive manufacturing to food chilling. | N/A | 5/30/2023 | N/A | Merger/Acquisition |
Applechem | www.applechem.com | Parsippany | Advanced Manufacturing | Manufacturer of cosmetic ingredients intended for the cosmetics industry. The company focuses on beauty, cleansing and cosmetic products that include applemol, s-block, sorbithix l-100, g-block, phytocare, oleoflex, sensogel and more personal care, suncare, hair care and homecare formulations, enabling its clients to avail products that are effective and user-friendly. | N/A | 5/31/2023 | Solabia Group | Buyout/LBO |
Wiley (Tuition Manager Business) | N/A | NJ | Finance and Professional Services | Operator of an employee benefits platform intended to offer a range of tuition assistance benefits to employees. The company’s platform offers tuition assistance including student loan repayment, public service loan forgiveness for non-profits, and student loan wellness, enabling employees to manage their student loan. | N/A | 5/31/2023 | Tuition.io | Merger/Acquisition |
Macrosoft | www.macrosoftinc.com | Parsippany | Information & High Technology | Operator of a software design and development company to provide cost-effective, full-lifecycle solutions to complex software development projects. The company offers a platform that can be used to create and manage a variety of customer communication channels, including email, SMS, voice, and social media to improve customer communication, such as data analytics, campaign management and reporting. | N/A | 5/31/2023 | N/A | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Kazm | join.kazm.com | Jersey City | Information & High Technology | Developer of a social analytics platform designed to power the Web3 community. The company’s platform allows users to onboard the right members to the community with embeddable forms and token gating and helps understand on-chain performance and overlapping communities, optimize growth across social channels, and identifies loopholes and get insights from member’s app and website, helping social businesses in retention and engagement and monetize their audience at scale. | N/A | 4/1/2023 | Gumi Cryptos Capital (San Francisco), Higher Ground Labs, Koa Labs, StartX (US) | Early Stage VC |
National Electronic Alloys | www.nealloys.com | Oakland | Advanced Materials | Operator of a mining and metal company intended to serve the aerospace, telecommunication, solar and defense industries. The company has a full-service operation with precision slitting, shearing, saw and cut-to-length machinery along with a large inventory of controlled and low expansion alloys, assisting in protecting the defense industry from the vulnerabilities of being dependent on foreign sources of supply. | $4,320,000 | 4/4/2023 | Fox Three Partners, Rand Capital BDC, Route 2 Capital Partners | Debt – General |
Cranium | www.cranium.ai | Short Hills | Information & High Technology | Developer of an AI Security and Trust Platform designed to provide security and trust to the AI revolution. The company offers minimal configurations, no-code analysis, and rapid time-to-value, enabling organizations to monitor their entire AI and ML infrastructure securely and automatically map and visualize their AI pipelines, serving the target market of organizations implementing AI in their business processes. | $7,000,000 | 4/5/2023 | Anu Puvvada, Cliff Justice, Jay Leek, Kevin Martelli, KPMG Studio, Kyle Kappel, Ryan Permeh, Scott Alfeld, SYN Ventures, Todd Lohr | Early Stage VC |
Kim Technologies | www.ask.kim | Bridgewater | Information & High Technology | Developer of artificial intelligence software systems intended to serve various businesses. The company’s platform is a no-code, SaaS, patent-protected document generation, assembly, and workflow automation platform that creates, automates, maintains, and evolves end-to-end workflows and processes areas of legal, compliance, risk, and related activity, enabling businesses to deliver seamless and personalized experiences through its automation-as-a-service approach applicable to all functions and sectors. | N/A | 4/6/2023 | Tech Square Ventures | Later Stage VC |
HyperTunnel | www.hypertunnel.com | Jersey City | Information & High Technology | Developer of mixed reality software platform intended to get experts on demand, by digitizing, capturing, and distributing their presence. The company’s platform provides multi-dimensional collaboration between frontline workers and experts from remote physical worksites to centralized immersive digital twins, it gets experts on demand, by digitizing, capturing, and distributing the presence, helping frontline workers to guide and demonstrate how to perform tasks at the worksite. | $120,000 | 4/7/2023 | Department of Energy, Loyal VC, Techstars, U.S. Department of Energy | Accelerator/Incubator |
RealAssets | www.realassets.com | Iselin | Information & High Technology | Developer of real estate investing platform intended to assist High Net Worth Individuals, Family Offices, and Institutional Investors to invest in institutional-quality real estate. The company’s cloud-based platform revolutionizes the way investors can approach investment-grade real estate by providing them with direct access to carefully curated properties that were the domain of the large fund managers and fund of funds and reduces financial intermediation and friction costs, and maintains asset management, providing investors with vetted and targeted investments that can offer superior returns on a risk-adjusted basis. | $150,000 | 4/10/2023 | N/A | Angel |
Evergreen Theragnostics | www.evergreentgn.com | Springfield | Life Sciences | Operator of contract development and manufacturing platform intended to improve the available options for cancer patients through radiopharmaceuticals. The company’s platform provides reliable manufacturing services for therapeutic and centrally distributed diagnostic radiopharmaceuticals, from early-stage development through commercialization, enabling organizations to get assistance in radiopharmaceutical development, manufacturing, and commercialization needs. | $15,500,000 | 4/15/2023 | 3LB Seed Capital, Club degli investitori, Nova Capital (Italy) | Early Stage VC |
DataroomHQ | www.dataroomhq.com | Old Bridge | Information & High Technology | Developer of a company analysis platform designed to know exactly how potential investors will analyze companies. The company’s software offers an automated report card on how an investor will analyze and measure business, consumers can see their credit score and what is driving it before getting a loan or credit card with real-time board metric tracking, helping businesses to be confident going into the next capital raise. | $3,960,000 | 4/17/2023 | Bling Capital, Cortical Ventures, Oceans Ventures | Seed |
Diversified Systems | www.onediversified.com | Kenilworth | Information & High Technology | Provider of media technology, consulting, engineering and integration services intended to serve financial, media and entertainment, enterprise, healthcare, hospitality and government. The company offerings include digital media, collaborative, broadcasting, electronic security and over-the-top (OTT) services, enabling clients to enhance their operations, increase productivity and help to drive their return on investments. | N/A | 4/17/2023 | MSouth Equity Partners, Tailwind Capital | Debt – General |
Lockr | www.loc.kr | Fort Lee | Information & High Technology | Developer of an email management system designed to organize and protect electronic mail. The company offers a public-facing email address that can be used securely across the web with customizable filters, integration with all mail clients, and data protection, and has a consumer-first email management tool that allows users to dictate who and what shows up in their inbox, enabling users to control their email communication in a hassle-free manner. | $2,500,000 | 4/17/2023 | 10X Capital, Brad Burnham, Daniel Entrup, Eric Seufert, Erik Matlick, Grit Capital Partners, Heracles Capital, Joseph Luchs, Junction Venture Partners, Kartik Sathappan, Kurt Kratchman, Lizzie Chapman, Mozilla Ventures, Ruben Gersons, Scott Gifis, Shrug Capital, Zag Capital | Early Stage VC |
Peach (Jersey City) | www.joinpeach.co | Jersey City | Finance and Professional Services | Developer of a personal finance management application intended to offer a step-by-step plan for individuals to pay off debts. The company’s application provides a neo-bank for Gen Z and Millennials living with student loans and credit card debt that builds credit and provides a reward system, enabling users to get cash-back incentives while paying down existing debt. | N/A | 4/17/2023 | Brickyard (Tennessee), Techstars | Seed |
EntityRisk | www.EntityRisk.com | Princeton | Life Sciences | Operator of the healthcare financial platform intended to address the full spectrum of drug pricing and access challenges related to uncertainty in real-world effectiveness, utilization, and value. The company addresses the issue related to the uncertainty of drug pricing, analysis of all current and potential surrogate measures, and their connections to critical value endpoints to patients and payers, Value modeling, enabling biopharmaceutical companies to optimize trial design and implement value-based contracts quickly. | $2,500,000 | 4/18/2023 | Frank D’Amelio, Jeffrey Kindler | Early Stage VC |
GreenBlu | www.greenblu.co | Hamilton | Clean Tech | Developer of a solar water distillation system designed to solve the growing brine waste problem. The company’s patented modular, containerized product separates brine into pure water and pure salts using solar heat, providing clients with inland brackish groundwater desalination, producing valuable salts and magnesium from desalination brine and allowing ZLD disposal of industrial brines at drastically reduced costs. | $550,000 | 4/18/2023 | Bureau of Reclamation, Cleantech Open Northeast, Monde Green Ventures, New Jersey Economic Development Authority, Small Business Innovation Research and Small Business Technology Transfer Programs, U.S. Department of Energy, U.S. Department of Interior | Angel |
NITRO Beverage | www.drinknitro.com | Asbury Park | Food & Beverage (Non-Retail) | Producer of nitrogen-infused beverages based in Asbury Park, New Jersey. The company offers nitrogen-brewing cold coffee that creates a frothy and smooth texture as well as a beautiful cascade, enabling users to have tasty and refreshing beverages. | $220,000 | 4/18/2023 | Proioxis Ventures, VegInvest, Verso Holdings | Equity Crowdfunding |
CreatorML | www.creatorml.com | Boonton | Information & High Technology | Developer of machine learning predictive analytics tool intended to support content creators. The company’s tool predicts which topics, titles, and thumbnails will resonate with audiences to maximize views, enabling youtube creators to optimize their video titles and thumbnails and get more views. | N/A | 4/21/2023 | Goodwater Capital, Pioneer Fund, Y Combinator | Seed |
Neumentum | www.neumentum.com | Summit | Life Sciences | Developer of a pharmaceutical platform intended to offer non-opioid pain therapeutics to patients. The company’s platform offers four non-opioid drug candidates in development, from 505(b)(2) assets to novel chemical entities, in both hospital and retail markets for acute and chronic pain indications, enabling patients to have options for viable non-opioid analgesics that can effectively treat their moderately severe pain. | $20,000,000 | 4/27/2023 | AngelMD, Collage Venture Partners, David Hunt, Evolution VC Partners, Global Equity Ventures, Green Park & Golf Ventures, Jens Francis, Lymo Ventures, Tahir Hussain | Later Stage VC |
Pet Assure | www.petassure.com | Lakewood | Information & High Technology | Provider of SaaS practice management software designed to offer pet insurance services. The company offers a comprehensive suite of services centered on pet care and veterinary practices, a veterinary discount program, available through our proprietary network of veterinarians nationwide, with additional pet-related benefits and traditional pet insurance, is offered to the employees of 8,000 companies as part of their employee benefits package a cutting-edge SaaS practice management software specifically designed to enhance operational efficiency within veterinary practices, enabling clients to reduce the medical services bills of their pets. | N/A | 4/30/2023 | N/A | PE Growth/Expansion |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Epic Software Development | www.epicsoftwaredev.com | Jersey City | Information & High Technology | Developer of application software intended to solve business problems through consultative teamwork, innovative software and proven processes. The company specializes in full stack development, distributed agile, microsoft developer, .net, ms sql, java, angular.js, php, lamp, ruby, rails, aws cloud and windows azure | N/A | 4/1/2023 | Aubrant | Merger/Acquisition |
Comprehensive A/R Solutions | www.comphcs.com | Lakewood | Finance and Professional Services | Operator of full-service accounts receivable management company intended to serve skilled nursing facilities and related sectors. The company offers Medicaid applications, HMO contracting and aged collections services along with billing services with their diverse and integrative services, offering clients a streamlined system that allows them to focus on patient care, broaden their impact, and focus on the growth of their operations. | 4/4/2023 | The Corridor Group | Buyout/LBO | |
Sky Scape Industries | www.skyscapeinds.com | Woodbine | Information & High Technology | Provider of unmanned data acquisition services using advanced sensors and UAS (drone) systems intended for infrastructure and construction management. The company specializes in airborne intelligence data services, safety management system (SMS) development, current system audits, consulting, airspace development, training and recurrent advisement. | $590,000 | 4/5/2023 | Volatus Aerospace | Merger/Acquisition |
Linden Bulk Transportation | www.lindenbulk.com | Linden | Advanced Transportation & Logistics | Provider of bulk transportation and logistic services based in Linden, New Jersey. The company’s services provide a large fleet of compartmented trailers, trailers for plant storage, temperature-controlled trailers, tank maintenance and tank cleaning. | N/A | 4/6/2023 | Boasso Global | Buyout/LBO |
IPKeys Power Partners | Tinton Falls | Information & High Technology | Developer of secure technology systems intended to empower utilities and grid operators to adapt to today’s evolving grid. The company’s platform provides various services from the meter and operational data management to the next generation distributed energy resource management systems platforms, it makes available cyber-secure essential utility enterprise software solutions for the present and future, enabling operators to deploy technology for these new requirements. | $43,370,000 | 4/13/2023 | Parsons | Merger/Acquisition | |
FlexBiosys | www.flexbiosys.com | Branchburg | Life Sciences | Manufacturer of bioprocess containers and manifold assemblies intending to optimize single-use assemblies and equipment for application. The company offers biopharmaceutical products and provides design and consulting services, including customizing systems and bioprocess containers, technical training services, validation and qualification services. | $29,000,000 | 4/17/2023 | Repligen | Merger/Acquisition |
Wire Cloth Manufacturers | www.wireclothman.com | Mine Hill | Advanced Manufacturing | Manufacturer of woven and welded wire cloth products intended for industrial, commercial and agricultural markets. The company specializes in the production of wire cloth, wire mesh and filter cloth products and also offers filter cloth products, which are used in a variety of industrial applications, including wastewater treatment, mining and oil and gas production. | N/A | 4/19/2023 | Gerard Daniel Worldwide | Buyout/LBO |
Big Village (Insights and Agency Divisions) | Princeton | Finance and Professional Services | Provider of marketing and advertising services intended to help it’s client in strengthening their brand. The company’s services include accelerated intelligence secondary research, brand tracking, marketing measurement, audience intelligence, enabling clients to get a wide range of marketing service. | $20,000,000 | 4/202023 | Bright Mountain Media | Merger/Acquisition | |
CoSo Cloud | www.cosocloud.com | South Plainfield | Information & High Technology | Provider of private cloud-managed services intended to offer secured virtual classroom training and web conferencing. The company’s private cloud-managed services specialize in unified communications, real-time collaboration, web conferencing, web collaboration, adobe connect and skype for business enabling organizations to transform their adobe connect experience across any platform. | N/A | 4/20/2023 | Class | Merger/Acquisition |
Greenwood Products | www.greenwoodprod.com | Piscataway | Advanced Manufacturing | Manufacturer of laboratory supplies and consumables intended for environmental, energy, pharmaceutical, food and flavors, industrial, biological, education, government and chemical industries. The company offers a wide range of laboratory products such as tubes, containers, beakers, bottles, flasks and gloves. | N/A | 4/24/2023 | Anatrace | Buyout/LBO |
Moblty | www.moblty.com | Livingston | Information & High Technology | Developer of content deployment and data analytics platform designed to maximize customer engagement at the point of sale. The company’s platform features digital engagement technology services that provide customers with real-time, interactive and socially extendable messages and facilitate real-time deployment of content, enabling brands and retailers to deliver information and receive engagement data about their consumers. | N/A | 4/24/2023 | Augustus | Merger/Acquisition |
Audit Sales Presentation System | www.auditforit.com | Holmdel | Information & High Technology | Provider of sales and business review presentations intended for small and medium-sized businesses. The company helps to prepare a proper visualization of technical data and also generate influential reports with supporting info-graphics, thereby enabling clients a fast way to create a simple, engaging, non-technical sales presentation or business review presentation. | N/A | 4/25/2023 | Kaseya | Buyout/LBO |
Bigfoot Search | www.hirebigfoot.com | Cherry Hill | Finance and Professional Services | Provider of staffing and recruiting catering to venture and private equity-backed businesses. The company specializes in executive search, product management, product development, product design, product marketing and engineering | N/A | 4/26/2023 | Flatiron Search Partners | Merger/Acquisition |
Provention Bio | www.proventionbio.com | Red Bank | Life Sciences | Provention Bio Inc is a clinical-stage biopharmaceutical company. It is engaged in sourcing, developing, and commercializing novel therapeutics and cutting-edge solutions to intercept and prevent immune-mediated disease, including oncological, autoimmune, and inflammatory diseases. The company’s product candidates include PRV-031, for the interception, delay, or prevention of type 1 diabetes; PRV-3279, for the potential treatment of systemic lupus erythematosus; and PRV-101. | $2,806,000 | 4/27/2023 | Sanofi | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Endolynx | www.endolynx.com | Jersey City | Life Sciences | Manufacturer of a medical device intended to make intubation safer. The company is currently operating in Stealth mode. | $30,000 | 3/6/2023 | N/A | Angel |
Stratus Technology Services | www.stratustech.com | Shrewsbury | Information & High Technology | Provider of specialized technology consulting services and solutions including application-managed services, implementation and consulting intended to serve across the United States. The company offers insurance solutions, program management, professional services and a program management office, thus solving clients’ business objectives. | N/A | 3/8/2023 | N/A | PE Growth/Expansion |
Toku (Human Capital Services) | www.toku.com | NJ | Information & High Technology | Operator of a remote hiring firm intended to facilitate human resource distribution for startups and tech companies. The company offers token payroll, token grant administration, and employment and tax compliance services, and a unique set of employment and compensation services tailored to the needs of decentralized autonomous organizations, enabling employers to hire across the globe without risk and hesitation. | $20,000,000 | 3/8/2023 | Blockchain Capital, Caffeinated Capital, gmjp, Joseph Lau, Kortschak Investments, Next Web capital, Nikil Viswanathan, OrangeDAO, Orrick, Protocol Labs, Quantstamp, Reverie | Early Stage VC |
Apprentice | www.apprentice.io | Jersey City | Life Sciences | Developer of an intelligent manufacturing execution system designed to help life science businesses to meet the demand for getting life-saving drugs to market. The company’s cloud platform integrates augmented reality, voice recognition, and artificial intelligence into wearable, mobile, and desktop devices to offer a virtual collaboration application and a robust manufacturing and lab execution system, enabling pharma companies to reduce human error and inefficiency in the drug production process. | $65,000,000 | 3/9/2023 | Alkeon Capital Management, Colorcon, GFR Fund, Hemi Ventures, ICONIQ Capital, Insight Partners, Pacific Western Bank (Los Angeles), Pritzker Group Venture Capital, Silverton Partners, The Venture Reality Fund, Touchdown Ventures | Series C |
MultiLynq | www.multilynq.com | Shrewsbury | Finance and Professional Services | Provider of electronic fixed-income trading connectivity and integration services intended to offer all credit and municipal bond market participants access to liquidity in one feed reliably. The company has developed an efficient way to trade fixed income giving the trading firms electronically harmonized access to the US trading venues using a high-performance API supporting every trading protocol, helping trading firms with comprehensive service across the credit and municipal markets. | N/A | 3/9/2023 | Citadel Securities, Jane Street | Later Stage VC |
NJ Bio | www.njbio.com | Princeton | Life Sciences | Operator of biotech and pharma sectors intended to provide unique products or services. The company provides services such as multistep organic synthesis, medicinal chemistry, bioconjugation, antibody-drug conjugates, and flow chemistry, enabling clients to accelerate their product development programs and research needs. | $5,620,000 | 3/9/2023 | N/A | Seed |
Scale Microgrid Solutions | https://scalemicrogridsolutions.com/ | Ridgewood | Clean Energy | Scale Microgrid Solutions is a distributed clean energy and microgrid platform. | $225,000,000 | 3/9/2023 | N/A | Debt Financing |
OpenShelf | www.opshelf.com | Newark | Information & High Technology | Developer of an inventory automation system designed to simplify contact lens inventory management. The company’s software includes a robot that can handle, sort, and distribute thousands of different contact lens boxes, enabling optometrists to gain data insights such as when to reorder specific prescriptions and how frequently they should be stocked at their location. | N/A | 3/10/2023 | Hax, SOSV | Seed |
RICOVR Healthcare | www.ricovr.com | Princeton | Life Sciences | Developer of a saliva-based biosensor testing device designed for rapid point-of-care testing. The company’s platform uses a small drop of saliva to provide high-quality, cost-effective results in approximately five minutes and can quantitatively detect disease biomarkers even present in low quantity, enabling employers, healthcare systems, and law enforcement to access non-invasive testing devices. | $830,000 | 3/15/2023 | Achari Ventures, Floret Ventures, HALLEY Venture Partners, New Jersey Economic Development Authority | Later Stage VC |
Drone Express | https://droneexpress.ai | East Hanover | Advanced Transportation & Logistics | Drone Express is a full-service logistics company that uses airborne autonomous drones for local package delivery. | $250,000 | 3/20/2023 | Venture 53 | Seed |
Crossover (Financial Software) | www.crossovermarkets.com | Bernardsville | Information & High Technology | Developer of a digital asset exchange platform designed to meet the liquidity needs of institutional clients. The company’s platform uses a technology that speeds up cryptocurrency trading and reduces latency to the standards expected in traditional FX or equities by institutional investors, enabling investors to seamlessly trade cryptocurrencies and maintain liquidity. | $6,350,000 | 3/21/2023 | Exness, Flow Traders, Gate Ventures (Gate.io), Gate.io, GMO Internet Group, Grantham Mayo Van Otterloo, Laser Digital, Pepperstone, ThinkMarkets, TMGM, Two Sigma Ventures, Wintermute Ventures | Seed |
Members Exchange | www.memx.com | Jersey City | Information & High Technology | Operator of an equity exchange platform intended to reduce fixed costs and simplify the execution of equity trading. The company’s platform provides operational transparency and increases competition while focusing on creating and promoting a fair, transparent, and efficient experience for all investors, enabling investors and traders to perform equity exchange in an efficient and secured manner. | N/A | 3/21/2023 | Belvedere Capital Real Estate Partners, BlackRock, BofA Securities, Charles Schwab, Chicago Trading Company, Citadel Securities, E*TRADE, Fidelity Investments, Flow Traders, Jane Street, JP Morgan Chase, Manikay Partners, Morgan Stanley, Optiver, TD Ameritrade, The Goldman Sachs Group, UBS Group, Virtu Financial, Wells Fargo, Williams Trading | Early Stage VC |
Throtle | www.throtle.io | Red Bank | Information & High Technology | Owner and operator of a data onboarding company intended to empower brands to connect with their customers everywhere and always. The company’s services focus on individual deterministic matching, empowering brands with true individual-based marketing and providing a high level of accuracy, scale, and responsiveness for its clients and targets across all media devices and formats including display, email, social, addressable TV and mobile, enabling brands to reach their individual customers online. | $36,350,000 | 3/23/2023 | ABRY Partners, Auren Hoffman, Joseph Zawadzki, Mark Zagorski, NewSpring Capital, TransUnion | Later Stage VC |
Santiste Medical | N/A | Princeton | Life Sciences | Developer of biomedical devices based in Princeton, New Jersey. The company’s device-based regenerative medicine uses platelet-released autologous growth factors, enabling medical professionals to treat patients. | $90,000 | 3/24/2023 | General Electric Ventures, JEMS venture capital | Early Stage VC |
Logical Buildings | https://logicalbuildings.com/ | Livingston | Finance and Professional Services | Logical Buildings is a smart building and grid-edge energy management software company | $110,000,000 | 3/28/2023 | Keyframe Capital Partners | Debt Financing |
Markerr | www.markerr.com | Hoboken | Information & High Technology | Developer of a data analytics platform designed to provide insights about people, jobs, spending, and economic trends tied to any location to real estate companies. The company’s platform provides real-time insights by providing deep insight into the supply and demand dynamics around real estate for more accurate valuations and strong return on investment, enabling commercial real estate investors to identify submarkets with growth potential and forecast rental rates. | $6,600,000 | 3/28/2023 | Bridge Investment Group, Continental Realty Corporation, Edward Norton, Joe Lettween, Pretium Partners, RET Ventures, Twin Shores Capital | Early Stage VC |
Solar Landscape | https://www.solarlandscape.com | Asbury Park | Clean Tech | Solar Landscape is an installer and operator of solar energy systems. | $550,000 | 3/28/2023 | N/A | Grant |
Explore Cuisine | explorecuisine.com | Red Bank | Food & Beverage (Non-Retail) | Producer of plant-based food products, located in Red Bank, New Jersey. The company offers the production of packaged plant-based pasta, containing various varieties of packaged pasta within its catalog. | $2,000,000 | 3/29/2023 | N/A | Debt – General |
Sevaro | www.sevaro.com | Franklin Park | Life Sciences | Provider of telemedicine consultation service intended to deliver standard medical care to those who need it the most. The company’s service is equipped with a mobile medical unit that enables a team of physicians to provide free medical screenings, education, and medications to those living with undiagnosed diseases in rural areas, enabling hospitals around the world to deliver timely and adequate care. | $12,000,000 | 3/29/2023 | APA Venture Partners, Catalyst Investors | Series A |
Fractal31 | www.fractal31.com | Short Hills | Information & High Technology | Provider of business services to entrepreneurs and small and medium businesses looking to grow rapidly and sustainably. The company engages in diligent talent-client matching, flexible engagement models, deep local relationships with tech hubs, proprietary screening techniques, and a very experienced leadership team, helping companies to understand their business, needs, and requirements, analyzing their company’s goals, vision, technical needs, and team structure. | $500,000 | 3/31/2023 | Function Ventures | Early Stage VC |
NFT-TiX | www.nft-tix.com | Ridgewood | Finance and Professional Services | Operator of a decentralized ticketing platform designed to provide protection against fraud, scalping, and an out-of-control secondary market. The company’s platform offers to buy, create, sell, trade, and hold tickets for music, sports, games, and other events without any central authority, enabling users to gain access to a platform that is more affordable and efficient. | $60,000 | 3/31/2023 | N/A | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Taylored Services | www.tayloredservices.com | Carteret | Advanced Transportation & Logistics | Operator of a multichannel logistics company intended for wholesale, manufacturing and retail sectors. The company offers warehouse management, omnichannel distribution, business analytics and transportation services, enabling its clients to get real-time access to critical information related to their products and efficient fulfillment solutions. | N/A | 3/1/2023 | Yusen Logistics Company | Merger/Acquisition |
Prodigy Stem Cell | www.prodigystemcell.com | Rutherford | Life Sciences | Developer of regenerative medicine focused on giving patients pain management options to potentially avoid surgery. The company species stem cell medication offering cures for neck and back pain, tennis elbow, knee joint injuries, greater trochanteric bursitis, plantar fasciitis, osteoarthritis, quadricep and patellar tendon, disc and spinal facet joints | N/A | 3/1/2023 | Cann American | Merger/Acquisition |
Linearizer Communications Group | www.linearizer.com | Hamilton | Information & High Technology | Developer of linearization solutions for microwave components and systems for terrestrial and space-qualified applications. The company specializes in non-linear microwave pre-distortion terrestrial, avionic and space-based applications and high-performance microwave photonic solutions, enabling the production of high-performance components and subsystems. | $49,000,000 | 3/6/2023 | MACOM Technology Solutions | Merger/Acquisition |
Bellerophon Therapeutics | http://www.bellerophon.com/ | Warren | Life Sciences | Bellerophon focused on developing innovative products combining novel drugs and devices in the treatment of cardiopulmonary diseases. | $5,000,000 | 3/6/2023 | Post-IPO Equity | |
Wavework | www.wavework.com | Wayne | Information & High Technology | Developer of experience management platform focused on empowering teams and organizations with regard to customer relationships. The company specializes in strengthening key relationships and driving team advocacy and retention with digital tools to retain customers longer, grow revenue faster, improve profit margins, reduce costs, and keep top talent, thereby enabling focused on empowering teams and organizations with regard to customer relationships. | N/A | 3/8/2023 | Multilot | Merger/Acquisition |
PharmaHealth Labs | www.pharmahealthlabs.com | Morristown | Information & High Technology | Provider of scientific healthcare communications services intended to simplify the vast complexities of science and bring necessary elements together for effective communication. The company provides a multitude of scientific services that specializes in the oncology and biological space, enabling clients to get their projects done on time and within a fair budget. | N/A | 3/10/2023 | Fingerpaint | Buyout/LBO |
Origin (Devices and Supplies) | www.originww.com | Princeton | Life Sciences | Developer of a novel medical technology designed to deliver therapeutic molecules generated right at the point of care. The company’s technology is for the targeted delivery of nitric oxide, used to treat pain and inflammation, wounds, ulcers and infections of the skin and soft tissues, enhancing and saving lives through applications in medicine and agribusiness, enabling doctors to provide safe and effective alternatives, improve outcomes and lower costs. | $15,000,000 | 3/13/2023 | N/A | IPO |
Visual Fractions | www.visualfractions.com | Edgewater | Information & High Technology | Operator of an interactive educational platform based in Edgewater, New Jersey. The company through its platform offers fraction calculators, math calculators, unit converters and fractions games helping students learn about fractions and to understand them using an interactive visual platform. | N/A | 3/14/2023 | Merger/Acquisition | |
Vintage Food | www.vintagefood.com | Kearny | Food & Beverage (Non-Retail) | Distributor of premium European & Mediterranean specialty food products intended for food retailers, wholesalers and food services agencies. The company offers dry, cold and frozen food products, meat products, snacks and candy, olives pickles and bakery products, providing customers with a variety of products from different brands. | N/A | 3/20/2023 | Ziyad Brothers | Buyout/LBO |
Asbury Carbons | www.asbury.com | Asbury | Advanced Materials | Provider of graphite, cokes, coals and related products intended for applications in flame retardants, inks, paints, metal casting and other industries. The company offers natural graphite, synthetic graphite, alloys, related carbon products and a variety of other raw materials as well as research and technical services, providing customized products as per client needs. | N/A | 3/24/2023 | Buyout/LBO | |
ComboCap Health | www.combocap.health | Whippany | Life Sciences | Operator of a biotechnology company focused on developing dual-delivery health products for nutraceutical, pharmaceutical, over-the-counter (OTC) and combination therapies. The company offers a dual-chamber oral capsule with a movable membrane for the dietary supplement, pharmaceutical and biopharmaceutical industries, enabling clients to boost bioavailability, enhance stability and create varying substance combinations. | N/A | 3/27/2023 | Vantage Nutrition | Merger/Acquisition |
RK Environmental Services | www.rkenvironmental.com | Westwood | Finance & Professional Services | Provider of pest management and food safety consulting services catering to pharmaceutical and retail establishments industries. The company offers services such as food safety consulting, effective virucidal solutions, expert fumigation services, remote sensing and ipm for the food industry. | N/A | 3/28/2023 | Rentokil Terminix | Merger/Acquisition |
Ericom Software | www.ericom.com | Paramus | Information & High Technology | Operator of Zero Trust cloud cybersecurity platform catering to midsize enterprises. The company provides Zero Trust secure access solutions that protect organizations from advanced cybersecurity threats, leveraging innovative isolation capabilities and multiple secure remote access technologies, thereby helping its clients to enhance their cybersecurity and productivity while reducing complexity and cost. | N/A | 3/31/2023 | Cradlepoint | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
OMNI Ophthalmic Management Consultants | www.oomc.com | Iselin | Life Sciences | Provider of ophthalmic management consulting services specializing in subspecialty surgical and medical eye care. The company offers referral-based eye care services for complex or sight-threatening conditions in relation to recognized areas of subspecialty eye care including retina, glaucoma, cataract, oculoplastics, and pediatrics, enabling patients to preserve their vision. | N/A | 2/1/2023 | N/A | PE Growth/Expansion |
Orah | www.orah.care | Englewood | Life Sciences | Operator of a quality care assurance platform intended to bring transparency to home care. The company’s platform provides daily updates and real-time sharing of activities throughout the day, and access to patient general, medical, emergency, and relevant legal information, providing families and home care agency franchises with an assurance that loved ones receive quality care. | N/A | 2/1/2023 | Bloom Ventures, irrvrntVC, Overeasy Ventures, Third Act Ventures, Two Bridge Capital | Later Stage VC |
Stardust | www.stardust.finance | Colonia | Finance and Professional Services | Developer of a financial platform designed to offer decentralized crypto management. The company’s platform provides an easy-to-understand, socially generated score, peers’ return rates, asset holdings, fee costs, and other key factors to better inform investment decisions, a careful eye on your fees and returns and connect directly to the exchanges, enabling clients to know exactly how they are stacking up, to inform their investment decisions and to know exactly how their coins are performing. | $260,000 | 2/1/2023 | National Science Foundation | Grant |
VideoKen | www.videoken.com | Princeton | Information & High Technology | Developer of an online video-based learning platform designed to improve learning outcomes. The company’s platform uses artificial intelligence and machine learning for video indexing, search, navigation, curating of videos, and creation of personalized annotations and playlists, enabling educators and learners to search, curate, personalize, and share educational video clips easily. | $100,000 | 2/1/2023 | Ajay Lavakare, Ashish Agrawal, Hyderabad Angels, LG Chandrasekhar, Microsoft for Startups, Ravi Garikipati, SRI Capital, Surojeet Chatterjee, Touchstone Equities, Upekkha, Utkarsh Sinha | Accelerator/Incubator |
Avantik | www.avantik-us.com | Pine Brook | Life Sciences | Supplier of medical equipment intended to help anatomic pathology and histology laboratories achieve consistent operations. The company offers a full range of medical consumables, general lab supplies, coronavirus testing supplies, reagents and stains, thereby enabling clients to maximize resources, increase productivity, reduce costs, simplify processes and minimize downtime. | N/A | 2/7/2023 | N/A | PE Growth/Expansion |
High QA | www.highqa.com | Hazlet | Information & High Technology | Developer of quality management software designed to ensure manufacturing quality. The company’s software offers solutions such as inspection planning, automated machine data import, mobile shop floor data collection, secure data exchange, statistical process control, tool management, gage management, and a centralized quality control database, enabling businesses to automate the internal quality process and extend it to their supply chain partners. | $1,050,000 | 2/9/2023 | Activate Venture Partners, Leading Edge Ventures, Milestone Partners (Los Angeles) | Later Stage VC |
Marker Learning | www.markerlearning.com | Hoboken | Information & High Technology | Operator of a telepsychology platform intended to inspire and assist students with all types of learning needs so they can reach their full potential. The company’s platform makes learning disability assessments and personalized action plans accessible to schools and families and virtually administer evidence-based learning disability assessments and leverages proprietary technology to streamline the assessment process, reduce cost and decrease turnaround time, enabling children and young adults to all ages to get rid of their learning disabilities using telehealth and achieve their respective career goals. | $15,000,000 | 2/9/2023 | Andreessen Horowitz, Danny Green, Difference Partners, Divergent Ventures, Jewell Loyd, La Mar Taylor, Night Ventures, Operator Partners, Primary Venture Partners, Virgin (London) | Early Stage VC |
Exafluence | www.exafluence.com | South Brunswick | Information & High Technology | Provider of software development and IT consulting services intended to enhance the competitive advantage in the marketplace. The company specializes in data and analytics, and its services include the incorporation of AI, ML, and NLP/NLQ and process mining working seamlessly with an automated data pipeline, thereby enabling businesses to solve complex business problems leveraging big data and analytics utilizing new technologies and frameworks. | $2,000,000 | 2/15/2023 | N/A | Seed |
11:11 Systems | www.1111systems.com | Fairfield | Information & High Technology | Provider of network and internet services intended for financial services, healthcare and education industries. The company offers network infrastructure, ethernet private line, cloud services, internet access and broadband services, thereby helping clients with holistic visibility into network services through a single platform. | $145,000,000 | 2/16/2023 | Tiger Infrastructure Partners | Debt – General |
CollX | www.collx.app | Haddonfield | Information & High Technology | Developer of financial application designed to scan any sports card, instantly identify it, and determine the market value. The company uses a specialized technology that determines the worth of a product and users can buy and sell any collectible with full transparency into the counterparty’s collection, enabling collectors to add cards to their collection, follow other collectors, and trade through a marketplace while creating ad-hoc lots and trade. | $5,500,000 | 2/22/2023 | 114 Ventures, Ben Franklin Technology Partner of Southeastern Pennsylvania, Brand Foundry Ventures, David Adelman, FJ Labs, Juno Capital (United States), Morrison Seger, Next Coast Ventures, Robert Moore | Seed |
Core Technology Solutions | www.core-techs.com | Pine Brook | Information & High Technology | Provider of Information Technology (IT) lifecycle management services intended to apply digital transformation. The company offers infrastructure cabling, digital signage, imaging, business security, white glove services, asset disposal and other related services, helping original equipment manufacturers (OEMs) and system integrators to avail cost-optimized, end-to-end installation field and other ancillary support services. | N/A | 2/22/2023 | N/A | PE Growth/Expansion |
OLI Systems | https://www.olisystems.com/ | Parsippany | Information & High Technology | OLI Systems is a leading software company that specialises in in electrolyte systems modeling and simulation software. | $1,100,000 | 2/22/2023 | US Department of Energy | Grant |
RLS Logistics | www.rlslogistics.com | Newfield | Advanced Transportation & Logistics | Provider of third-party logistics services intended to serve frozen and refrigerated food manufacturers. The company specializes in value-added cold chain solutions including frozen and refrigerated cold storage warehousing and transportation and direct-to-consumer fulfillment, thereby ensuring safe, reliable and transparent supply chain services to clients. | N/A | 2/22/2023 | N/A | PE Growth/Expansion |
Structured Materials Industries | https://www.smicvd.com/ | Piscataway | Advanced Manufacturing | Structured Materials Industries provides custom solutions for quality made cost-effective CVD tools, components and materials. | $1,150,000 | 2/22/2023 | US Department of Energy | Grant |
Green Impact Exchange | https://www.tradegix.com/ | Gladstone | Finance and Professional Services | Green Impact Exchange is a capital market exchange for environmentally-conscious investors and green-minded companies. | $750,000 | 2/24/2023 | N/A | Seed |
Health & Wellness Partners (New Jersey) | www.thehwpgroup.com | Upper Saddle River | Life Sciences | Provider of medical communications services intended for the advancement of patient care. The company offers strategic and technological consulting, lifecycle management, meetings management, marketing, patient education and other services, enabling clients to apply the insights across their marketing mix and also improve awareness, recognition, diagnosis and appropriate treatment. | N/A | 2/28/2023 | N/A | PE Growth/Expansion |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Financing Date | Acquirers | Financing Note |
Sobel & Company | www.sobelcollc.com | Livingston | Finance and Professional Services | Provider of accounting and advisory services intending to accomplish the ultimate balance between outstanding client service, The company specializes in providing targeted business solutions by applying technical expertise and consultative insights, their field of advisory extends from enterprise risk management to financing advisory, along with this they have client accounting and advisory services, forensic valuation services, tax and more | N/A | 2/1/2023 | CliftonLarsonAllen | Merger/Acquisition |
Equity Environmental Engineering | www.equityenvironmental.com | Budd Lake | Finance and Professional Services | Provider of consulting services focused on integrated planning and environmental services. The company provides industrial, commercial, residential, and manufacturing clients with environmental engineering and planning services for all types of environmental projects, from concept planning through completion, with a highly skilled professional team working together, applying teamwork, honesty, integrity and practical experience. | N/A | 2/6/2023 | GZA GeoEnvironmental | Merger/Acquisition |
Sonnet BioTherapeutics (NAS: SONN) | www.sonnetbio.com | Princeton | Life Sciences | Sonnet BioTherapeutics Holdings Inc is a clinical-stage biopharmaceutical company. The company has developed FHAB (Fully Human Albumin Binding) technology which is well suited for drug development across a range of human disease areas, including in oncology, autoimmune, pathogenic, inflammatory, and hematological conditions. The firm’s pipeline products include SON-080 (low-dose IL-6), SON-1210 (IL15- FHAB-IL12), SON-1010 (IL12-FHAB), and others. | $ 15,000,000 | 2/9/2023 | PIPE | |
Verde Clean Fuels | www.bluescapecleanfuels.com | Hillsborough | Clean Energy | Verde Clean Fuels Inc is a renewable energy company specializing in the conversion of synthesis gas, or syngas, derived from diverse feedstocks, such as biomass, MSW and mixed plastics, as well as natural gas (including synthetic natural gas) and other feedstocks, into liquid hydrocarbons that can be used as gasoline through an innovative and proprietary liquid fuels technology, the STG process. | $20,000,000 | 2/10/2023 | PIPE | |
Provention Bio | http://www.proventionbio.com | Red Bank | Life Sciences | Provention Bio is a clinical stage biopharmaceutical dedicated to sourcing, developing, and commercializing novel therapeutics. | $35,000,000 | 2/13/2023 | Sanofi | Post-IPO Equity |
Managed Market Resources | www.m2res.com | Mount Olive | Finance and Professional Services | Provider of consulting services intended to cater healthcare marketplace. The company offers strategic development and execution, customer development, market research and analytics, customized training and professional development, thereby delivering comprehensive ideas to pharmaceutical, biotech and medical device clients. | N/A | 2/23/2023 | NPG Health | Merger/Acquisition |
Current Trucking | www.currenttrucking.com | Morristown | Advanced Transportation & Logistics | Provider of truck maintenance and support services across New Jersey, New York and Connecticut. The company offers services including truck rental, charging infrastructure, fixed-rate charging and maintenance and support, enabling companies a clear, complete and risk-free path to adding an electric hauling solution to their lineup. | $250,000,000 | 2/27/2023 | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Financing Deal Type |
Aviva | avivanaturals.com | New Brunswick | Food & Beverage (Non-Retail) | Manufacturer of health supplements intended for healthcare brands. The company offers custom formulation, ingredient sourcing, flavor development, encapsulation, and packaging, providing businesses with outsourcing facilities for dietary and herbal supplements, nutraceuticals & vitamins. | N/A | 1/1/2023 | Linus Ventures | Later Stage VC |
Beagle Labs | www.beaglelabs.ai | Princeton | Information & High Technology | Developer of an artificial intelligence-driven SaaS platform designed to automate building inspections for damage and code violations. The company’s platform provides 3D mapping up to 5x faster than the current market leader at a third of the cost, enabling clients to tie all the data together as a one-stop web-based platform to track, manage and secure all infrastructure data. | $150,000 | 1/1/2023 | Entrepreneurs Roundtable Accelerator | Accelerator/Incubator |
HomeRoots | www.homeroots.co | Fairfield | Information & High Technology | Operator of a B2B e-commerce platform intended to sell furniture and provide scalable access to a curated selection of products. The company’s platform provides a wide variety of choices including furniture, lighting, and home decor products at extremely competitive pricing, enabling buyers to reduce the cost of office furniture. | N/A | 1/1/2023 | JFE Network, MetroCap Partners | Later Stage VC |
The Activate Company | www.theactivatecompany.com | Holmdel | Information & High Technology | Operator of a value chain platform intended for tracking sales. The company’s platform offers a growth engine, secures customer loyalty, identifies failures, and helps in monitoring, tracking, and managing equipment, enabling businesses to maximize production and gain a competitive advantage. | $1,500,000 | 1/3/2023 | N/A | Seed |
DataBiologics | www.databiologics.com | Cedar Knolls | Life Sciences | Operator of an orthology data collection platform intended for collecting patient-reported outcomes. The company’s platform uses proprietary automation to collect valuable patient data and present real-time reports to make that data useful, enabling doctors and physicians to study the safety and efficacy of orthology treatments and make more informed decisions. | $50,000 | 1/4/2023 | Expert DOJO | Seed |
Pure Technology | http://puretechnology.nyc/ | Montclair | Information & High Technology | Pure Technology is an advertising services company. Operator of an advertising services company based in Montclair, New Jersey. | $734,684 | 1/5/2023 | N/A | Seed |
Array Behavioral Care | https://arraybc.com/ | Mount Laurel | Life Sciences | Array Behavioral Care telepsychiatry service provider with a mission to transform access to quality and timely behavioral health care. | $25,000,000 | 1/6/2023 | CVS Health | Series C |
Beagle Innovations | https://www.beaglelabs.ai | Princeton | Information & High Technology | AI driven SaaS platform for enterprise infrastructure inspections. | $150,000 | 1/9/2023 | N/A | Seed |
Hepion Pharmaceuticals | https://hepionpharma.com/ | Edison | Life Sciences | Hepion Pharmaceuticals is a clinical stage biopharmaceutical company. | $309,000 | 1/9/2023 | Government of Alberta | Grant |
the Ryl co. | www.drinkryl.com | Cedar Knolls | Food & Beverage (Non-Retail) | Producer of iced and ready-to-drink tea intended to provide sustainable tea products. The company’s products include polyphenols that help fight off oxidative stress and different types of chronic illness, enabling consumers to stay healthy and fit. | $6,700,000 | 1/10/2023 | N/A | Seed |
Stewarts Enterprises Holdings | www.stewartsbrandsinc.com | Lincroft | Food & Beverage (Non-Retail) | Producer of flavored beverages intended to provide refreshing sodas and ready-to-drink cocktails to individuals. The company offers classic soda flavors ranging from apple, orange, black cherry, and raspberry lime which are gluten-free and vegan-based, enabling consumers to enjoy a range of flavored refreshing drinks and stay hydrated. | $5,120,000 | 1/13/2023 | N/A | Early Stage VC |
MCLGaming | https://siriusnet.io | Jersey City | Information & High Technology | Siriusnet is a blockchain platform that claims to use a unique consensus algorithm called “Proof of Rank” instead. | $500,000 | 1/15/2023 | Jervois Venture Capital | Angel |
Evigence Sensors | evigence.com | Hoboken | Food & Beverage (Non-Retail) | Developer of a freshness management system designed to provide first-time freshness data to optimize the freshness of foods. The company’s platform combines sensors and data analytics to measure and manage the freshness of foods in real-time, at the unit level, from end-to-end across the supply chain, enabling actual remaining freshness that allows food brands, retailers, and food service companies to ensure food quality and safety, extend shelf life as well as reduce food waste, build consumer trust. | $18,000,000 | 1/17/2023 | Cleveland Avenue, FoodBytes, Landa Ventures | Later Stage VC |
Gparency | www.gparency.com | Howell | Finance and Professional Services | Provider of mortgage services intended to create equitable access to opportunities for commercial real estate owners everywhere. The company’s services offer unlimited deals, debt, and equity, access to a concierge who serves as acquisitions representative and delivers updated listing data for assets nationwide, enabling commercial real estate owners to have access to opportunities. | $65,000,000 | 1/17/2023 | N/A | Early Stage VC |
Palatin Technologies | http://palatin.com | Cranbury | Life Sciences | Palatin Technologies is a biopharmaceutical company developing targeted receptor specific peptide therapeutics to treat diseases. | $4,700,000 | 1/18/2023 | NJEDA | Grant |
Mindprint Learning | www.mindprintlearning.com | Princeton | Information & High Technology | Developer of a cognitive assessment platform built to identify a child’s strengths, weaknesses, and learning challenges. The company’s range of offerings includes the profiling of cognitive strengths and needs, and a toolbox of customized recommendations for apps, workbooks, and learning strategies, enabling parents, educators, and students to develop the academic and cognitive skills needed to be successful in their academic, professional and personal life. | $1,460,000 | 1/22/2023 | Arc Capital Development, Copper Wire Ventures, ImpactAssets, LearnLaunch Fund + Accelerator, National Science Foundation, National Science Foundation Innovation Corps Program, Towson University Foundation | Later Stage VC |
FinOptSys | www.finoptsys.com | Trenton | Finance and Professional Services | Developer of peer to peer securities financing platform designed for financial resources deployed in the global securities financing business. The company’s platform provides insights and predictive analytics for quantifiable and actionable decision-making for the real-time optimization of financial resources, enabling companies to efficient, transparent, analytical, and customizable cross-asset utilization. | $9,000,000 | 1/23/2023 | Appia Ventures, State Street | Early Stage VC |
Kidcaboo | https://www.kidcaboo.com | Maplewood | Advanced Transportation & Logistics | Developer of a ridesharing platform designed to coordinate trips for children. The company’s platform helps to schedule rides with a screened and safety-checked driver, along with a one-off fare estimate for the trip and live GPS tracker, enabling parents to get mental relief and a sense of order and peace. | N/A | 1/24/2023 | She’s Independent | Seed |
AtomicJar | https://www.atomicjar.com | Newark | Information & High Technology | AtomicJar is an integration testing platform that enables developers to build databases and web frameworks more efficiently. | $25,000,000 | 1/25/2023 | Abby Kearns, Andrus Adamchik, Boldstart Ventures, Chalfen Ventures, Dimitri Sirota, FundFire, Guy Podjarny, IA Seed Ventures, Ian Livingstone, Insight Partners, Irregular Expressions, Jevgeni Kabanov, Leonid Igolnik, Michael Chalfen, Natalie Diggins, Peter McKay, Simon Maple, Sri Pangulur., Tribe Capital, Zane Lackey | Series A |
Starton Therapeutics | www.startontx.com | Paramus | Life Sciences | Developer of a transdermal patch technology intended for people with cancer to receive continuous treatment. The company’s technology eliminates reaching peak blood levels, reduces overall patient exposure to the medicine, bypasses the first-pass metabolism, and improves patient compliance with a simplified and long-acting dosing regimen, enabling patients undergoing chemotherapy to improve their quality of life and outcomes. | $1,020,000 | 1/25/2023 | Love Pharma, MBX Capital | Later Stage VC |
Linnaeus Therapeutics | www.linnaeustx.com | Haddonfield | Life Sciences | Developer of molecular therapeutics designed to treat cancer and skin pigmentation disorders. The company’s therapeutics utilize small-molecule agents to increase or decrease the amount of melanin pigment produced by skin cells, enabling medical practitioners to treat cancer and skin pigmentation disorders due to oncogenic mutation effectively. | $3,090,000 | 1/26/2023 | Kairos Ventures, National Cancer Institute, National Institutes of Health, University of Pennsylvania Health System, UNM Rainforest Innovations, UPstart (Philadelphia) | Later Stage VC |
PortPro | https://www.portpro.io/ | Jersey City | Information & High Technology | PortPro is a transportation management software provider with deep expertise in the drayage community. | $12,000,000 | 1/26/2023 | Avenue Growth Partners | Series A |
Halo Collar | www.halocollar.com | Woodcliff Lake | Information & High Technology | Developer of pet application, smart collar, and virtual dog fence designed to help pet parents to know their dogs are safe. The company designs a smart fence system that allows people to create virtual fences that actually keep the dog inside at the touch of a finger, train the dog using a virtual training program, track the dog’s activity and safety statuses, and instantly communicate with the dog anywhere, enabling pet parents to bring safety, communication, and freedom to their dogs. | $2,730,000 | 1/30/2023 | N/A | Later Stage VC |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Oyster Point | www.oysterpointrx.com | Princeton | Life Sciences | Oyster Point Pharma Inc is a biopharmaceutical company focused on the development of pharmaceutical therapies to treat ocular surface diseases. Its product candidate OC-01 is a nicotinic acetylcholine receptor (nAChR) agonist, is being developed as a nasal spray to treat the signs and symptoms of dry eye disease. | $475,000,000 | 1/3/2023 | Viatris | Merger/Acquisition |
MS Transverse Insurance Group | www.transverseinsurance.com | Warren | Finance and Professional Services | Provider of risk management and program underwriting services intended to retain risk and provide underwriting, compliance, actuarial and claims assistance. The company’s services provide innovative solutions to meet the needs and bridge that gap and maximize opportunities, enabling reinsurers and program administrators to get tailored financial services. | $400,000,000 | 1/4/2023 | Mitsui Sumitomo Insurance Company | Merger/Acquisition |
Fēnom Digital | www.fenomdigital.com | Red Bank | Information & High Technology | Provider of advanced analytical solutions intended to accelerate salesforce eCommerce growth. The company’s service offering includes IT managed services, strategy, UI/UX design and development, personalized merchandising, and more. | $75,000,000 | 1/5/2023 | WPP | Merger/Acquisition |
Captain Creative Group | www.captaincreates.com | Wall | Finance and Professional Services | Provider of marketing communications, experiential events and production design intended for life sciences, technology and consumer brands. The company specializes in design and branding, printing services, event production, digital design and development, mobile design, experiential, writing, marketing, campaigns and internal communications, thereby helping brands to evolve for good to meet the demands of today’s customers. | N/A | 1/5/2023 | The Mixx | Merger/Acquisition |
Catheter Precision | www.catheterprecision.com | Mount Olive | Life Sciences | Developer of medical devices designed for the acquisition, analysis, display, and storage of data and maps for analysis by a physician. The company’s device is a non-invasive pre-procedure planning tool that offers 3D arrhythmia localization, providing patients, hospitals, and physicians with novel technologies to improve the lives of patients with cardiac arrhythmias. | $9,300,000 | 1/9/2023 | PIPE | |
Hulafrog | www.hulafrog.com | Atlantic Highlands | Information & High Technology | Operator of a national-local media firm intended to connect moms and dads to the local activities and resources for kids. The company’s firm includes a business directory, an event calendar, and newsletters that offer upcoming aggregated and curated events and activities in the area and offers coupons, promos, and other deals, enabling parents to engage children in different events taking place nearby. | N/A | 1/12/2023 | Certifikid | Merger/Acquisition |
Spectrotel | www.spectrotel.com | Neptune | Information & High Technology | Provider of telecommunication services intended to serve mid-market and enterprise businesses. The company engages in building, managing and maintaining next-generation solutions for cloud communications, connectivity, managed services, security and consulting and professional services, thereby enabling clients to minimize risk, optimize resources and technology and modernize the enterprise. | N/A | 1/18/2023 | Buyout/LBO | |
GoVanguard | www.govanguard.com | Princeton | Information & High Technology | Provider of cybersecurity consulting services intended to serve healthcare, finance, retail, blockchain, energy and other industries. The company offers services including threat actor attack simulation, technical risk analysis, threat intelligence and management, information security strategy and consulting and compliance and risk gap assessments, thereby contributing to the development of information security awareness in society. | N/A | 1/18/2023 | Abacus Group (New York) | Buyout/LBO |
Van Note-Harvey Associates | www.vannoteharvey.com | Princeton | Finance and Professional Services | Provider of engineering services, engineering consulting, commercial construction, and construction administration. The company serves numerous academic, institutional, municipal, and private development projects as the prime contractor, as well as under subcontract to major building architects, and design-build contracts, and have represented numerous municipalities and authorities thereby providing designs that are sensitive to environmental constraints and regulations, which reflect an enduring form of responsible and functional integrity. | N/A | 1/18/2023 | Pennoni Associates | Merger/Acquisition |
Internet Video Archive | www.internetvideoarchive.com | Mullica Hill | Film & Digital Media | Operator of an entertainment data company intended to provide data for for movie and TV content. The company offers movie trailers, TV previews, video game trailers, metadata, images for movie and TV content to the customers. | N/A | 1/23/2023 | Fabric (Los Angeles) | Merger/Acquisition |
Precision Testing Labs | www.ptlabs.net | Toms River | Finance and Professional Services | Operator of a testing laboratory based in Toms River, New Jersey. The company specializes in groundwater and soil testing as well as provides services such as petroleum hydrocarbon, raw material, chemical composition, contamination analysis, quality control testing and biodiesel analysis. | N/A | 1/23/2023 | York Analytical Laboratories | Buyout/LBO |
Crew Engineers | www.crewengineers.com | Butler | Finance & Professional Services | Provider of engineering services intended to serve the civil engineering profession. The company offers water, wastewater, environmental, and civil engineering services as well as maintaining a varied scope of projects and a long, favorable client history. | N/A | 1/27/2023 | H2M architects + engineers | Merger/Acquisition |
MRB Public Relations | www.mrbpr.com | Freehold | Finance and Professional Services | Provider of technology-focused public relations services intended for business and trade publications. The company is engaged in providing media coverage and content generation services, as well as speaker placement, analyst relations, corporate/product placement, case study programs, trade show support, social media campaigns, media tours, and media training, enabling clients to increase media placements. | N/A | 1/31/2023 | MikeWorldWide | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Cysic | www.cysic.xyz | West Orange | Information Technology | Developer of hardware system designed to provide hardware acceleration systems for ZK-proof protocols. The company specializes in the ZK proof system which is a cryptographic technique that confirms whether a statement is true or false without revealing that statement’s contents through their printed circuit board, enabling businesses to bring a well-scaled web3 to the masses. | $6,000,000 | 12/1/2022 | ABCDE Capital, Hashkey Capital, Hashkey Group, Polychain Capital, SNZ Holding, Web3 Capital, Web3.com Ventures | Seed Round |
ForceField | www.meetforcefield.com | Red Bank | Information Technology | Developer of an end-to-end IoT platform intended to protect against cyber and physical security threats. The company securely collect, audit, forensically check, verify then store a proprietary data set alongside photos and videos to create immutable digital evidence and power investigations for insurance claims and legal, corporate, or law enforcement inquiries, enabling customers to get a software that allows for an immediate chain of custody to prevent spoofs, fakes, bad evidence, missing evidence, and human error. | Undisclosed | 12/1/2022 | Lightspeed Venture Partners | Seed Round |
FormBot | www.formbot.com | Clifton | Information Technology | Operator of the form builder platform intended to build forms quicker using an intuitive custom builder. The company’s platform engages in offering the fields appropriate for their form to get the most engagement and submissions, solve any use case of needing to collect data from human interaction using computers, simplify the process and target their attended audience quicker for relevant results, enabling users to design their forms, securely accept and process online payments, donations, and fees through one of our payment integrations without any limits on the number of transactions. | Undisclosed | 12/1/2022 | MAVeCap | Early Stage VC |
GetArchive | http://picryl.com/ | Moorestown | Information Technology | GetArchive is a media source search engine for public domain images, scans, and documents. | Undisclosed | 12/1/2022 | Pre-Seed | |
Green Meets Blue | www.13mari.com | Kearny | Clean Tech | Operator of an advisory company intended for maritime and logistics businesses. The company provides advice to companies to make them more commercial and successful with reduced fuel costs, enabling companies with help at any level to make the most of any fuel and operational expense and help in longer-term saving opportunities. | $100,000 | 12/1/2022 | Keiretsu Forum | Early Stage VC |
iQure Pharma | www.iqurepharma.com | Princeton | Life Sciences | Operator of a biotechnology company intended to develop novel therapeutics in areas of unmet medical need. The company has developed a new chemical entity with a novel mode of action that has a clear dose-dependent effect on chronic pain models and with no signs of sedation and a new chemical entity with multitarget activity that acts on pain-relevant molecular targets like calcium ion channels, sodium-ion channel, TRPV1 receptor and more, enabling physicians to try out new medical therapies and patients with an improved quality of life, free of debilitating illnesses. | $600,000 | 12/1/2022 | Keiretsu Forum | Early Stage VC |
MetasTx | www.metastx.com | Basking Ridge | Life Sciences | Operator of a healthcare firm intended to create novel therapies to treat and prevent metastasis of cancer. The company specializes in creating treatments that prevent and treat prostate cancer metastasis without the devastating effects of androgen deprivation therapies, enabling patients with an enzyme that is well-known to be pivotal in cancer initiation and metastasis and is highly expressed in Prostate, Breast, and Skin cancers. | $250,000 | 12/1/2022 | Georgia Research Alliance, Keiretsu Forum | Early Stage VC |
MoneyUp | https://getmoneyup.com/ | New Brunswick | Finance & Professional Services | MoneyUp is making finance simple, easy, and truly worthwhile for Gen Z and college students! | Undisclosed | 12/1/2022 | Pre-Seed | |
NuFinTech | www.nufintech.com | Clifton | Finance & Professional Services | Operator of an investment company intended to invest in multiple different markets, in multiple asset classes in thousands of different strategies worldwide. The company provides buy-side, sell-side, and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering performance trading and settlement capabilities across all asset classes, enabling clients to run and transform their front, middle and back-office trading operations. | Undisclosed | 12/2/2022 | MAVeCap | Early Stage VC |
Still Bright | www.stillbright.co | Princeton | Clean Tech | Transformative reaction chemistry to enable clean recovery of copper | Undisclosed | 12/2/2022 | Hax, SOSV | Seed Round |
Aspargo Laboratories | www.aspargolabs.com | Englewood Cliffs | Life Sciences | Developer of an oral spray designed to treat erectile dysfunction. The company’s oral spray is a formulation of sildenafil, the active ingredient in Viagra, enabling people with erectile issues to avail of flexible-dose titration without having any trouble swallowing tablets. | $1,000,000 | 12/5/2022 | Early Stage VC | |
CoreWeave | https://www.coreweave.com | Roseland | Information Technology | CoreWeave is a cloud provider that provides flexible compute resources. | $100,000,000 | 12/6/2022 | Magnetar Capital | Debt Financing |
Supply Chain Wizard | http://supplychainwizard.com | Princeton | Finance & Professional Services | Supply Chain Wizard is a management and technology consulting firm serving the pharmaceutical industry. | $10,000,000 | 12/6/2022 | Panoramic Ventures | Series A |
Sustain.Life | www.sustain.life | Jersey City | Information Technology | Developer of sustainability management software designed to give companies the tools and guidance to operate more sustainably. The company’s platform includes features such as data collection, automation, science-based target setting, business scenario, and roadmap planning, analyzing progress, tracking progress, amplifying results, prioritizing action areas, enabling businesses in measuring, managing, and tracking their business’ environmental and social governance progress and compare it with industry and regulatory benchmarks. | $19,000,000 | 12/6/2022 | 4Sided Venture Studio, Active Impact Investments, Agya Ventures, Global Cleantech Capital, Kompas VC, Seyen Capital, Tapestry (US) | Seed Round |
ADMA Biologics | https://www.admabiologics.com/ | Ramsey | Life Sciences | ADMA Biologics develops plasma-based biologics for the treatment and prevention of certain infectious diseases. | $60,000,000 | 12/7/2022 | Post-IPO Equity | |
Gennao | gennao.com | Pennington | Life Sciences | Developer of targeted nucleic acid therapeutics intended to cure muscle diseases. The company uses gene monoclonal antibody (GMAB) platform technology, that uses a novel, cell-penetrating antibody to non-covalently bind to and deliver therapeutic levels of a wide variety of nucleic acid payloads to select cells, enabling the medical community and patients to optimize outcomes related to rare monogenic skeletal muscle diseases. | $15,000,000 | 12/8/2022 | CureDuchenne Ventures, Logos Capital, OrbiMed, Surveyor Capital | Early Stage VC |
Nyx.gallery | www.nyx.gallery | Princeton | Information Technology | Provider of an online collection of AI-generated images intended to create photorealistic content. The company utilizes diffusion models and GANs in combination with an extensive filtering and quality assessment pipeline that allows the generation of photorealistic images at scale, enabling users to use AI-generated images in advertisements and e-commerce websites. | $20,000 | 12/8/2022 | Wingman Campus Fund | Accelerator/Incubator |
BioStream Technologies | www.biostreamtech.com | Moorestown | Life Sciences | Developer of a video game therapy designed to help children with autism spectrum disorder improves their social skills. The company’s therapy uses state-of-the-art technology to create a quality experience that includes animations, music, levels, and power-ups, enabling autism patients to practice skills in a comfortable environment before applying them in the real world. | $880,000 | 12/12/2022 | National Science Foundation | Angel (individual) |
Navierre | www.navierre.com | Montvale | Life Sciences | Developer of a healthcare navigation platform designed to help connect disjointed pieces of the healthcare system. The company’s platform is a centralized location for all medical needs, including medical records, medications, and insurance information among many others, helping patients to receive the care they deserve and spend less time finding a provider or chasing information. | $110,000 | 12/12/2022 | Early Stage VC | |
PlayStar | www.playstar.com | Jersey City | Information Technology | Operator of an online gambling platform intended to provide an online casino experience. The company’s platform offers personalization, engagement, and exemplary customer service every time they pass through the casino’s digital doors, delivering a hyper-personalized experience alongside unique engaging content, all built on real-time player data, enabling users to play for big jackpots and enjoy the most popular casino games around. | $15,000,000 | 12/14/2022 | Meyer Global Management | Early Stage VC |
Solar Landscape | www.solarlandscape.com | Asbury Park | Clean Energy | Provider of solar photovoltaic systems intended for the commercial or industrial, municipal, public school, and non-profit marketplace. The company is an electrical contractor offering complete solar project design, management, and construction services, enabling the owner and operators of solar projects to specialize in large-scale rooftop projects and delivering a combination of business operations, construction expertise, and financial structuring capabilities to meet the needs of its clients. | Undisclosed | 12/14/2022 | Crossroads Systems, Enhanced Capital Partners | Later Stage VC |
Eion | eioncarbon.com | Princeton | Clean Tech | Provider of environmental services designed to provide permanent carbon removal at scale, with rigorous scientific verification. The company’s product rapidly captures and stores carbon dioxide when applied to agricultural soils, enabling farmers, and the agricultural industry with a verifiable pathway to decarbonization. | $13,060,000 | 12/15/2022 | AgFunder, Carbon Removal Partners, Mercator Partners, New Jersey Economic Development Authority, Orion (Pharmaceuticals), Overture VC, Ridgeline, Sibelco Group, SLVC, Trailhead Capital (Colorado) | Early Stage VC |
SOCAP Global | www.socapglobal.com | Princeton | Film and Digital Media | Operator of a media production house intended to showcase creations of international brands and artists from all over the world. The company’s services include producing videos and taking photos that catalyze the transition of brands, enabling businesses and individual talents to connect to the whole world at large and gain popularity. | $1,500,000 | 12/20/2022 | ImpactAssets, Propel Capital Network, Raptor Group, Social Venture Circle, SustainVC | Later Stage VC |
Gynger | www.gynger.io | East Rutherford | Information Technology | Developer of sales acceleration platform intended to close deals by adding capital to stack. The company’s platform specializes in offering custom financing to pre-qualified leads and underwrites, approves, and issues each loan with EMI options, enabling businesses to improve sales and manage credit. | $21,700,000 | 12/21/2022 | Ben Lang, Deciens Capital, Gradient Ventures, m]x[v Capital, Quiet Capital, Upper90 Capital Management, Vine Capital Management | Venture – Series Unknown |
Solano Energy | www.solano.energy | Princeton | Clean Energy | Developer of renewable energy equipment. | Undisclosed | 12/21/2022 | Hax, SOSV | Seed Round |
TenNor Therapeutics | http://www.tennorx.com/ | Westfield | Life Sciences | TenNor Therapeutics specializes in research and development of new drugs for the treatment of digestive diseases | $9,452,878 | 12/21/2022 | Series D | |
UVeye | www.uveye.com | Teaneck | Information Technology | Developer of vehicle inspection systems designed to detect threats or modifications of vehicles. The company’s systems utilize high-resolution, high-speed cameras along with machine learning and computer vision to detect and identify concealed weapons and other contraband, enabling government organizations vehicle manufacturers, rental companies, and logistical centers to improve maintenance and security levels. | $100,000,000 | 12/21/2022 | CarMax, Epsilon Partners, F.I.T. Ventures, GM Ventures, Goldbell Investments, Hanaco Venture Capital, Honda Xcelerator, Hyundai Motor, Meitav Dash Investments, Menora Mivtachim, MORE Investment House, NextGear Ventures, Plug and Play Tech Center, SeedIL Ventures, Teramips Technologies, Toyota Tsusho, Via.Io, Volvo Cars Technology Fund, W.R. Berkley | Later Stage VC |
Algorics | www.algorics.com | Piscataway | Information Technology | Developer of a cloud-based analytics platform designed to handle risk-based monitoring. The company’s real-time analytics platform provides niche technology solutions, strategic consulting, and embedded resourcing services to allow cross-functional teams to collaborate as they assess and capture the risk profile for a clinical trial, enabling clinical research, biotechnology, and pharmaceutical organizations to make the development of new drugs faster. | $2,000,000 | 12/22/2022 | Later Stage VC | |
Scream Truck | www.screamtruck.com | Long Hill | Information Technology | Developer of a software platform designed to notify customers when one of the on-demand, experiential ice cream trucks will be in their neighborhood and allows them to reserve a stop at their house within a one-hour window. The company’s platform allows customers to pre-order and prepay and the trucks are efficiently routed through optimized neighborhoods, delivering premium, made-to-order sundaes, cones, and shakes, thereby allowing customers to easily book private events online and customize their experience, which includes adding a custom menu item for the guest of honor, displaying a message on one of the truck’s light-emitting diode (LED) screens, and selecting the music that plays on the truck’s premium sound system. | $2,040,000 | 12/22/2022 | Centre Street Partners, Seagate Ventures | Seed Round |
Outlook Therapeutics | https://outlooktherapeutics.com | Monmouth Junction | Life Sciences | Outlook Therapeutics is a biopharmaceutical company that develops ophthalmic formulations. | $25,000,000 | 12/23/2022 | GMS Holdings | Post-IPO Equity |
Fancaster | www.fancaster.com | Fort Lee | Film and Digital Media | Operator of a media and broadcasting house intended to create and circulate video content, especially short sport-related video clips on-demand. The company’s services specialize in video creation for sports, movies, music, celebrities, performance reviews, and event coverage, enabling brands to improve engagement with fans and viewers. | $110,000 | 12/28/2022 | Angel (individual) | |
b-ONE | www.b1.co | Cedar Knolls | Life Sciences | Developer of artificial joints designed to facilitate artificial joint replacement surgery. The company’s joints are used in hip and knee arthroplasty and provide inspiring and innovative orthopedic healthcare technology, enabling patients to recover the ability to walk. | Undisclosed | 12/29/2022 | ABC Financial Assets Investment, Alibaba Group, Efung Capital, Eight Roads, F-Prime Capital, Huatai Securities, Huatai Zijin Investment, Hubei High-tech Industrial Investment Group, Richard Rothman, SPDB International, Wuxi Capital | Later Stage VC |
Cytosorbents | http://cytosorbents.com | Plainsboro | Life Sciences | Cytosorbents develops therapeutic devices used in purifying blood to treat life-threatening diseases. | $5,000,000 | 12/29/2022 | Bridge Bank | Post-IPO Debt |
Dorado Systems | www.doradosystems.com | Haddonfield | Information Technology | Developer of Electronic Data Interchange (EDI) platform for the healthcare industry. The company’s platform features single application programming interface (API) that gives access to a wide network of payers for eligibility verification, web-based access to an inquiry tool that gives the claim status, enabling healthcare providers to automate its accounting and billing processes and reduce their administrative burdens. | $4,080,000 | 12/30/2022 | Monroe Capital Corporation BDC | Debt – General |
Durin Technologies | https://www.durintechnologies.com/ | Mullica Hill | Life Sciences | Durin Technologies is a developer of Alzheimer’s diagnostic test intended to measure certain auto antibodies in serum. | $4,554,000 | 12/30/2022 | Breakthrough Diagnostic LLC, Foundation Venture Capital Group, Michael J. Fox Foundation | Venture – Series Unknown |
Ignite Growth Brands | https://igniteventurestudio.com/ | Princeton | Information Technology | Ignite Growth Brands builds and identifies companies that are disrupting the digital health and beauty sectors. | $5,350,006 | 12/30/2022 | Venture – Series Unknown | |
MelodyArc | www.melodyarc.com | Summit | Information Technology | Developer of a customer service platform designed to automate customer relationship management. The company offers end-to-end customer service software that has simplified agent support and an application that helps customers track, check and cancel online purchase orders, enabling merchants and online businesses to deliver modern customer experiences to minimize customer effort and customers with ease of handling online charges. | $7,060,000 | 12/30/2022 | Alex and Bart Angel Fund, Bloomberg Beta, FJ Labs, Flexport, Flybridge Capital Partners, LeFrak, Tarek Alaruri, Volition Capital | Seed Round |
Volan Technology | http://www.volantechnology.com | Hoboken | Information Technology | Volan is a people-positioning SaaS analytics platform that companies use to reduce labor cost and increase safety and productivity. | $1,000,000 | 12/31/2022 | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Effectual | www.effectual.com | Jersey City | Information Technology | Operator of a cloud-first, security-minded managed and professional services company intended to harness the power of data for commercial enterprises and the public sector. The company helps in architecting, migrating, managing and securing public, private and hybrid cloud technologies, enabling the client’s digital transformation with cloud financial management and cost optimization services. | Undisclosed | 12/1/2022 | N/A | PE Growth/Expansion |
Nestbuilder.com | www.nestbuilder.com | Rochelle Park | Clean Energy | Renewable Innovations Inc is a clean, hydrogen fuel cell energy systems company. It imagines, designs, and builds hydrogen-powered systems to bring green, clean solutions across industries, particularly the EV charging market. It offers Hydrogen Fuel Cell (HFC) scalable backup and primary power systems; Mobile and transportable HFC-powered EV Rapid Charge systems for the Electric Vehicle market to help close the Grid Gap, hydrogen transport and refueling vehicle, and Greenhouse Grids to power communities. | Undisclosed | 12/1/2022 | Renewable Innovations | Merger/Acquisition |
Brightech International | www.brightech-intl.com | Somerset | Life Sciences | Developer of a clinical information management suite intended to offer a compliant and fully customizable web-based clinical trial platform. The company offers data management, medical writing, biostatistics and regulatory strategy services, designed to streamline the clinical trial processes to achieve specific study objectives. | Undisclosed | 12/1/2022 | Everest Clinical Research | Buyout/LBO |
Evolution Road | www.evolutionroad.com | Chatham | Finance & Professional Services | Provider of strategic marketing services intended for digital health and life science companies. The company offers marketing innovation strategy, pharmaceutical marketing, digital marketing, digital innovation and healthcare innovation, thereby helping clients to make data-driven strategic decisions to plan, execute and measure highly effective digital and omnichannel marketing programs, meet their brand objectives and improve real-world outcomes. | Undisclosed | 12/6/2022 | Inizio | Buyout/LBO |
Prevasio | www.prevasio.com | Ridgefield Park | Information Technology | Developer of a SaaS cloud-native application protection platform (CNAPP) that includes an agentless cloud security posture management (CSPM) platform, anti-malware scan, vulnerability assessment and dynamic analysis intended for containers. The company’s services include data breach prevention, attack prevention, container launching, automated pen-test and security posture reporting, thereby enabling the cloud operations and security teams to prioritize risks and ensure compliance with internet security benchmarks. | Undisclosed | 12/6/2022 | AlgoSec | Buyout/LBO |
Pro Tapes | protapes.com | North Brunswick | Advanced Materials | Manufacturer of sensitive tapes catering to general industry, building construction, graphic arts, library supply, arts and entertainment. The company services a variety of markets, such as graphic arts, library and school supplies, precision die-cutting & fabricating, contract & custom converting, retail and general industrial. | Undisclosed | 12/7/2022 | Shurtape Technologies | Buyout/LBO |
Advanced Traffic Control | www.advancedtrafficcontrol.com | Franklinville | Advanced Transportation & Logistics | Provider of road safety services intended for both road workers and the traveling public. The company’s range of services includes traffic control and monitoring, advance warning, temporary traffic control and pre and post-work visual documentation, thereby providing excellent and professional traffic safety | Undisclosed | 12/8/2022 | The Universal Group (Langley) | Buyout/LBO |
Atelier Meats | www.ateliermeats.com | Saint Patrick | Advanced Manufacturing | Developer of a biotechnology research company designed for human consumption. The company engages in reshaping the food system by producing healthy and environmentally conscious proteins without harming animals, enabling users to offer textured meats at affordable prices. | Undisclosed | 12/9/2022 | N/A | Merger/Acquisition |
Larkspur Health Acquisition | www.lsprhealth.com | Bridgewater | Finance & Professional Services | Larkspur Health Acquisition Corp is a blank check company. | $108,920,000 | 12/12/2022 | ZyVersa Therapeutics | Merger/Acquisition |
Quality Filter Testing Laboratory | www.enviroteklab.com | Williamstown | Finance & Professional Services | Operator of an independent commercial laboratory intended to test water filters. The company provides accurate and reliable analytical services and water filter treatments for the manufactures at a low cost. | Undisclosed | 12/12/2022 | Iapmo Testing and Services | Merger/Acquisition |
Armel Electronics | armel.us | North Bergen | Advanced Manufacturing | Armel Electronics is a North Bergen, NJ based private company whose line of business is Mfg nonconductive wiring devices | Undisclosed | 12/12/2022 | N/A | Buyout/LBO |
Avalon GloboCare | www.avalon-globocare.com | Freehold | Life Sciences | Avalon Globocare Corp is an intelligent biotech developer and healthcare service provider dedicated to promoting and empowering high impact, transformative biotechnology, clinical applications, and healthcare facility management. It has two reportable segments: real property operating segment which is the key revenue driver; medical-related consulting services segment. The company focuses on the diagnostic and therapeutic areas like early detection of oral cancer, ovarian cancer, kidney cancer, skin regeneration and anti-fibrosis, and treatments of degenerative disorders. | $4,000,000 | 12/14/2022 | N/A | PIPE |
Rozdoum | www.rozdoum.com | Hamilton | Information Technology | Provider of information technology consulting services intended to bring improvements in all processes and deliveries. The company’s services include Atlassian tools assessment, licensing audit, custom app development, cloud migration, system monitoring and performance tuning, thereby helping clients to optimize their business processes and reduce operational costs. | Undisclosed | 12/14/2022 | The Adaptavist Group | Merger/Acquisition |
Flash Global | www.flashglobal.com | Parsippany | Advanced Transportation & Logistics | Provider of aftermarket logistics services intended for mission-critical service parts and products. The company offers strategic deployment and positioning, rapid delivery, management and tracking, global trade management, importer and exporter of record services, global field services and other related services to computer data storage and networking, telecom, high-tech communications, automation and semiconductor sectors, ensuring customized distribution and reduction of outstanding inventory as well as global reach, reliability, consistency and compliance protection. | Undisclosed | 12/14/2022 | N/A | Buyout/LBO |
Argyle | www.argyleteam.com | Kearny | Finance & Professional Services | Operator of a creative investor communications firm intended to help clients communicate to a critical audience of investors, stakeholders and influencers. The company specializes in offering expertise in strategy, ESG, content, design, original ideas, and creative thinking and collaborates around a process that encompasses execution and publishing across all digital and print channels, thereby helping corporations communicate effectively through effective annual reporting, proxy statements, and investor roadshows. | Undisclosed | 12/15/2022 | Labrador | Merger/Acquisition |
Great American Foods | www.great-american-foods.com | Newark | Food & Beverage (non retail) | Manufacturer of ground and value-added proteins based in Newark, New Jersey. The company manufactures retail and food service-packaged products including single and multi-protein grinds and patties, fresh sausages and sausage patties, raw meatballs Julienne and thin-sliced marinaded proteins. | Undisclosed | 12/19/2022 | Mosner Family Brands | Buyout/LBO |
Ness Technologies | www.ness.com | Teaneck | Information Technology | Provider of software product engineering services intended for government, health care and manufacturing sectors. The company’s engineering services include enterprise applications, business services, enterprise packaged applications, content management, web portal and customer management, enabling organizations to envision, build and continually evolve their digital platforms to enter new markets, capture new revenue and gain operational efficiencies. | Undisclosed | 12/27/2022 | N/A | Buyout/LBO |
Outlook Therapeutic | www.outlooktherapeutics.com | Iselin | Life Sciences | Outlook Therapeutics Inc is a clinical-stage biopharmaceutical company focused on developing and commercializing ONS-5010, a monoclonal antibody, or mAb, for various ophthalmic indications. | $25,000,000 | 12/28/2022 | N/A | PIPE |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
BlokTrek | httpa://bloktrek.ai | Princeton Junction | Information Technology | Operator of a blockchain-based platform intended for financial products and investing. The company’s platform helps to get comprehensive insights across on-chain activity, off-chain activity, digital asset development, governance, and social sentiment, by providing the signals, analytics, and tools that they need to identify investment opportunities as well as to manage portfolios and risks. | Undisclosed | 11/1/2022 | Seed Round | |
Haven Servicing | www.havenservicing.com | Newark | Information Technology | Developer of a digital platform intended to help lenders engage, nurture, and retain borrowers by making it easier for homeowners to understand their mortgages and achieve their financial goals. The company’s turnkey, white-labeled for retention & cross-sell helps post-purchase engagement by making it possible for lenders to deliver personalized, insightful tools to their borrowers, enabling lenders and servicers to build loyalty and retain customers. | $8,000,000 | 11/1/2022 | 1Sharpe Ventures, 8VC, AME Cloud Ventures, BoxGroup, Conversion Capital, Dan Simons, Emles Venture Partners, Fidelity National Financial, Fifth Wall, GoAhead Ventures, Kevin Moore, Luca Ventures, Operator Partners, RWT Horizons, Soma Capital, Y Combinator | Early Stage VC |
Integris | www.integrisit.com | Cranbury Township | Information Technology | Provider of information technology managed services intended for small to mid-market businesses. The company focuses on cybersecurity, cloud services, information technology consulting and infrastructure, offering unlimited on-site and remote support packages to professional services firms. | $20,880,000 | 11/1/2022 | Frontenac Company, Kayne Anderson BDC | Debt – General |
Phathom Pharmaceuticals | https://www.phathompharma.com/ | Florham Park | Life Sciences | Phathom Pharmaceuticals is a biopharmaceutical company. | $40,000,000 | 11/1/2022 | Post-IPO Debt | |
Reset Kidney Health | www.resetkidneyhealth.com | East Brunswick | Life Sciences | Operator of a hybrid healthcare platform designed for chronic kidney diseases. The company’s platform provides personalized care for kidney health, enabling patients to get better care in virtual and in-person clinics in an accessible, convenient, and patient-centric way. | Undisclosed | 11/1/2022 | K50 Ventures | Seed Round |
TriggerZ | http://triggerz.in | Delaware | Information Technology | TriggerZ is an end-to-end idea scoring and innovation management platform for Gen-Z. | Undisclosed | 11/1/2022 | Seed | |
FLX Networks | www.flxnetworks.com | Bernardsville | Information Technology | FLX Networks is a B2B community modernizing and simplifying the engagement experience between asset management and wealth management. Developer of a resource and asset management platform intended to provide traditional distribution solutions combined with sharing economy concepts. The company’s platform offers a member-structured marketplace and provides access, to education, and data to enable comprehensive financial services distribution solutions, enabling asset managers a cost-effective model to deliver their investment capabilities while also providing distribution professionals a path to independence and financial freedom. | $10,000,000 | 11/3/2022 | Allianz Life Ventures, Althea Group (New York), Barings, Broadridge Financial Solutions, RiverNorth Capital Management | Early Stage VC |
Swap Health | https://swaphealth.com | Jersey City | Life Sciences | Swap Health creates software that uses food as medicine to help low-to-moderate income people prevent chronic nutrition-related diseases. | Undisclosed | 11/3/2022 | 25m Health | Seed |
Hepion Pharmaceuticals | https://hepionpharma.com/ | Edison | Life Sciences | Hepion Pharmaceuticals is a clinical stage biopharmaceutical company. | $20,000,000 | 11/4/2022 | Post-IPO Equity | |
Queens Carbon | www.queenscarbon.com | Pine Brook | Clean Tech | Developer of a processing technology designed to reduce energy consumption. The company’s technology reduces the energy consumption of calcination and material synthesis to enable low-cost carbon capture and carbon-neutral cement production, enabling large-scale businesses to decarbonize and defossilize the chemical industry without compromising on cost or product performance. | Undisclosed | 11/4/2022 | Plug and Play Accelerator, The Breakthrough Energy Coalition | Accelerator/Incubator |
Certara | https://www.certara.com | Princeton | Life Sciences | Certara is a pharmaceutical company that accelerates medicines with biosimulation software and technology. | $449,000,000 | 11/7/2022 | Arsenal Capital Partners | Post-IPO Secondary |
Zelta | www.zelta.ai | Jersey City | Information Technology | Developer of a collaboration software intended to transform live websites into a collaboration space. The company’s browser extension allows users to comment, annotate and collaborate anywhere on the web as they would in Figma designs, enabling marketing and product teams to give feedback on live web apps and hosted content. | $120,000 | 11/14/2022 | Field Creek Capital, Techstars | Accelerator/Incubator |
Ambit (Clinics/Outpatient Services) | www.ambitinc.com | Morristown | Life Sciences | Provider of tech and data-enabled healthcare services intended to focus on rare and specialty diseases. The company provides digital, diagnostic, and analytics products and services to biopharma companies developing life-altering therapies for patients with rare and specialty diseases, helping patients to avoid long searches and take control of their medical journey. | $1,500,000 | 11/16/2022 | Seed Round | |
Scw.ai | https://scw.ai | Princeton | Information Technology | Operator of a digital factory platform aimed at providing end-to-end solutions to manufacturers. The company’s platform leverages IoT sensors, machine learning-based applications, and Artificial Intelligence (AI) technologies to automate & optimize shop-floor data collection and decision-making processes, enabling manufacturers from various industries to bring speed, simplicity, and scalability to their digital transformation programs. | $10,100,000 | 11/16/2022 | Birthing of Giants VC, Cenk Soyak, Panoramic Ventures | Later Stage VC |
Citius Pharmaceuticals | http://www.citiuspharma.com | Cranford | Life Sciences | Citius Pharmaceuticals is a specialty pharmaceutical company dedicated to the development and commercialization of therapeutic products. | $3,600,000 | 11/21/2022 | New Jersey Economic Development Authority | Post-IPO Debt |
InfuCare Rx | www.infucarerx.com | Secaucus | Life Sciences | Developer of a digital care management platform designed for patients with chronic conditions that require comprehensive clinical management services. The company offers digital prescriptions, secure real-time data, telemedicine, and much more and specializes in infusion therapies to help patients lead a healthy and productive lifestyle, thereby helping patients lead healthier lifestyles through personalized therapies and educational programs. | $5,000,000 | 11/23/2022 | One Equity Partners | Debt – General |
Vuja De Sciences | www.vujade-life.com | Hoboken | Life Sciences | Developer of cancer metastasis treatment designed to prevent cancer progression and recurrence. The company develops products for osteosarcoma, a rare bone cancer that largely affects adolescents and then extends to other cancers, enabling physicians to reduce deaths due to cancer recurrence. | $2,980,000 | 11/29/2022 | Seed Round | |
Experic | www.expericservices.com | Cranbury | Life Sciences | Experic is a CDMO and pharmaceutical supply services company, delivers advanced manufacturing, packaging, and labeling technologies. Provider of contract manufacturing and pharmaceutical supply services intended to support every phase of a product’s life cycle from clinical to commercial scale. The company’s services include process development, analytical, clinical trial supply, vendor management and packaging and logistics solutions, providing clients a hands-on, personalized approach to its development project. | $14,000,000 | 11/30/2022 | East Seattle Partners, Harro Hofliger, Kineticos Life Sciences | Later Stage VC |
SPHERE (Network Management Software) | www.sphereco.com | Newark | Information Technology | Developer of an end-to-end security intelligence model designed to improve security and enhance compliance. The company’s model combines a software and service solution to seamlessly provide actionable intelligence and remediation capabilities across end-user and privileged entitlements, enabling businesses to secure their sensitive data, create the right governance processes for their systems and assets, and make sure companies are compliant with the regulations. | $31,000,000 | 11/30/2022 | Adnane Charchour, Edison Partners, Forgepoint Capital, Joel Caminer, Omkhar Arasaratnam, Sounil Yu | Later Stage VC |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
HVAC Control Technology | www.hvaccontroltechnology.com | Ewing | Information Technology | Provider of systems integration services intended to serve the pharma/biotech, healthcare, retail, fragrance and construction industry. The company specializes in facility management systems, process controls, energy and optimization, measurement and verification, monitoring services and preventive maintenance programs, thereby helping companies optimise the customer experience and facility management. | Undisclosed | 11/1/2022 | Fidelity Building Services Group | Buyout/LBO |
Ned Stevens Gutter Cleaning | www.nedstevens.com | Farfield | Finance & Professional Services | Provider of gutter and outdoor cleaning services intended to offer one-stop-shop solutions for home maintenance. The company’s services include exterior residential maintenance along with extensive cleaning services for underground drain, walkway cleaning, gutter screening, decks, roofs, and siding, which are featured with quality control checks and covered with insurance. | $280,000,000 | 11/1/2022 | N/A | Buyout/LBO |
Plastic Profiles | www.plasticprofiles.com | Parsippany-Troy Hills | Advanced Manufacturing | Manufacturer of fluoropolymer rods and compression molded sheets based in Parsippany-Troy Hills, New Jersey. The company specializes in polychlorotrifluoroethylene rod and sheet stock and fluorinated ethylene propylene and perfluoroalkoxy product lines, thereby providing clients with the required plastic extruded components. | Undisclosed | 11/1/2022 | Pexco | Buyout/LBO |
Redline Automotive Merchandising | www.redlineadvantage.com | Haddonfield | Finance & Professional Services | Provider of photography and digital marketing services intended to serve the automotive industry. The company specializes in inventory management, lot service photography, digital marketing and software services, enabling automotive dealers to get digital content for their business. | Undisclosed | 11/1/2022 | N/A | PE Growth/Expansion |
Dotcom Distribution | www.dotcomdist.com | Edison | Advanced Transportation & Logistics | Provider of e-commerce third-party logistics services catering to health, beauty and apparel industries. The company offers e-commerce fulfillment services, retail and wholesale, fulfillment, kitting and assembly, transportation, freight management, and more, thereby helping clients with comprehensive logistics and fulfillment solutions. | Undisclosed | 11/2/2022 | Ryder System | Merger/Acquisition |
Trivedi-Capacity Associates | N/A | Mahwah | Finance & Professional Services | Provider of insurance risk management services to insurance companies. The company offers specialty programs focused on commercial risks, particularly in the hotel and community association space. | Undisclosed | 11/2/2022 | Alliant Insurance Services | Buyout/LBO |
GGB | www.ggbearings.com | Thorofare | Advanced Materials | Manufacturer of tribological bearings catering to serve the aerospace, agriculture, automotive and construction industries. The company offers polymer coatings, metal-polymer bearings, engineered plastics bearings, fiber-reinforced composite and bimetal bearings along with bearings assemblies. | $305,000,000 | 11/4/2022 | The Timken Company | Merger/Acquisition |
Rees Scientific | www.reesscientific.com | Trenton | Life Sciences | Provider of automated environmental monitoring solutions intended to serve biopharma, biotech, hospital, blood bank, academic and contract research organizations. The company provides a monitoring system, automated daily printouts, alarm notifications, audit trails and complete data encryption and wired system, thereby offering a full array of validation, calibration and training to fit each client’s specific needs and requirements. | Undisclosed | 11/4/2022 | N/A | Buyout/LBO |
Capacity Marine | www.capacitymarine.com | Mahwah | Finance & Professional Services | Provider of brokerage and reinsurance services based in Mahwah, New Jersey. The company offers marine and commercial insurance and specializes in placement of freight forwarders, garment contractors, truckers inland cargo, port operations and fine art floaters, thereby protecting businesses from many different types of losses including property damage, business interruption, theft, and liability. | Undisclosed | 11/7/2022 | Ambac Financial Group | Merger/Acquisition |
All Trans Risk Solutions | www.alltransins.com | Mahwah | Finance & Professional Services | Provider of insurance underwriting services specializing in commercial automobile insurance. The company specializes in insurance for specific “for-hire” auto classes in the transportation industry such as school buses, charter buses, paratransit and limousines, thereby enabling clients to safeguard against potential risks. | Undisclosed | 11/8/2022 | Ambac Financial Group | Merger/Acquisition |
IME Connect | www.ime-connect.com | Parsippany | Finance & Professional Services | Provider of meeting and event planning services catering to manufacturing, pharmaceutical, plumbing, floor covering, automotive and electrical industries. The company specializes in handling incentive travel programs, sporting events, executive board meetings, training and conferences thereby delivering savings to clients through strategic supplier analysis and contract management. | Undisclosed | 11/8/2022 | M-Plus Global Events | Merger/Acquisition |
Exemplify Biopharma | www.exemplifybiopharma.com | Cranbury | Life Sciences | Provider of integrated drug development services intended to serve pharmaceutical and biotech partners. The company offers functional expertise and consultancy services in process chemistry, analytical chemistry and formulation development for a successful transition of programs from late-stage lead optimization through candidate selection to first-in-human, providing its expertise to clients in chemistry manufacturing and controls services for drug development. | Undisclosed | 11/15/2022 | Symeres | Buyout/LBO |
ZenFi Networks | www.zenfi.com | Morristown | Information Technology | Provider of wireless infrastructure services intended for wireless, wholesale and large enterprise communities throughout the New York City and New Jersey metro areas. The company focuses on open access fiber to support distributed antenna systems (DAS), small cell and macro sites designed to enhance the wireless carrier network and digital infrastructure, enabling clients to receive fronthaul, backhaul and wavelength connectivity. | Undisclosed | 11/15/2022 | BAI Communications | Buyout/LBO |
Sonu Satellite | www.sonusatellite.com | West Berlin | Information Technology | Dealer of direct television systems intended to serve commercial, lodging and institutional industries. The company offers head-end units and direct television residential experience (DRE) systems with a custom channel lineup, optional scrolling on-screen channel guide, a fully customizable welcome screen and interactive program guide, thereby providing clients with smart and warrantied equipment at foremost market price. | Undisclosed | 11/16/2022 | Allbridge | Buyout/LBO |
USCleanblast | www.uscleanblast.com | Mount Arlington | Clean Tech | Provider of industrial cleaning and restoration services intended to serve the power generation industry. The company specializes in surface preparation, dry ice blasting, combustible dust removal, soda blasting, media and sandblasting, thereby helping clients to clean away volatile combustible dust. | Undisclosed | 11/23/2022 | Premium Plant Services | Merger/Acquisition |
Medimetriks Pharmaceuticals | www.medimetriks.com | Farfield | Life Sciences | Operator of a specialty pharmaceutical company dedicated to the Dermatology and Podiatry markets. The company offers advanced patient care through the development, licensing and commercialization of innovative prescription skincare that treat conditions including acne, rosacea, atopic dermatitis, fungal infections, dystrophic nails and impetigo. | Undisclosed | 11/28/2022 | Eurofarma Laboratorios | Buyout/LBO |
Sensato Cybersecurity Solutions | www.sensato.co | Red Bank | Information Technology | Developer of a managed cybersecurity services platform focused on protecting healthcare providers from cybercriminals. The company offers a fully integrated cybersecurity-as-a-service platform that provides real-time network monitoring, intrusion detection and asset fingerprinting, thereby enabling clients to protect themselves from ransomware events and other threats. | Undisclosed | 11/28/2022 | CloudWave (Marlborough) | Buyout/LBO |
Audiology Plus | www.audiologyplus.com | Iselin | Information Technology | Developer of virtual growth platform that empowers hearing practices intended to virtualize business, and engage with more patients online. The company specializes in digital advertising, search engine optimization (seo), audiology, social media marketing, e-commerce, telehealth, and website development, thereby enabling ENT and hearing practices to attract new patients. | Undisclosed | 11/29/2022 | N/A | Merger/Acquisition |
Thermo Systems | www.thermosystems.com | East Windsor | Finance & Professional Services | Provider of full-service control systems integrator and industrial engineering services intended for the district energy and life sciences. The company’s service offering includes automation design, construction and systems integration, installation, engineering, and support services, enabling clients to reduce their costs, mitigate their risk, and improve their quality. | Undisclosed | 11/29/2022 | N/A | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Hoot Myopia Care | hootmyopiacare.com | Princeton | Information Technology | Operator of a cloud-based content and software platform aimed at simplifying the process of myopia management. The company’s platform provides understanding about myopia progression through a digital and live-in-person experience, enabling Optometrists and Ophthalmologists to gain new patients, inform and educate parents, work on a myopia management plan and manage workflow and tasks on the backend process to deliver high-quality patient experience. | $1,630,000 | 10/1/2022 | Undisclosed | Early Stage VC |
MBS Highway | www.mbshighway.com | Holmdel | Information Technology | Provider of mortgage technology system intended to serve the banks, credit unions, and direct mortgage lenders. The company offers an intelligence and sales effectiveness platform built specifically for mortgage lenders and provides comprehensive market intelligence, robust analytical tools, and automated marketing remedies to help mortgage originators improve the rate at which they convert prospective borrowers into mortgage applicants, enabling clients in increasing revenue and improving overall productivity. | $2,020,000 | 10/1/2022 | CFT Capital Partners, Cohesive Capital Partners, Integrity Growth Partners | Debt – General |
Futurestay | www.futurestay.com | New Brunswick | Information Technology | Developer of vacation rental property management software designed to create a world of self-renting homes. The company’s software provides tools for vacation rental owners to create, market, book and manage their own vacation rental website as well as platforms, enabling property owners to have complete control of the property, both online and offline. | $1,130,000 | 10/7/2022 | AEON Foundry, AngelFire Ventures, Anthony Gellert, Aubrey Capital, Brand New Matter, Erik de Stefanis, HBS Alumni Angels New York, New York Angels, New York Venture Partners, Newark Venture Partners, Red Giraffe Advisors, RosePaul Ventures, Sacha Levy, Trace Cohen, Trevor Bond | Later Stage VC |
CollX | www.collx.app | Haddonfield | Finance & Professional Services | Developer of financial application designed to scan any sports card, instantly identify it and determine the market value. The company specializes in technology that determines the worth of a product and users can buy and sell any collectible with full transparency into the counterparty’s collection, offering an ability to create ad-hoc lots, trade, and more, enabling collectors to add cards to their collection, follow other collectors and trade through a marketplace. | $10,000 | 10/13/2022 | Ben Franklin Technology Partner of Southeastern Pennsylvania | Debt – General |
Hudson Space Systems | www.hudsonspace.systems | Jersey City | Advanced Transportation and Logistics | Developer of an integrated stack of aerospace technologies that provide an end-to-end space access service called Microgravity as a Service. The company’s service offerings include frequent bespoke payload integration, end-to-end logistics, and reasonable pricing through reusable return vehicles, enabling academic and corporate STEM customers to gain simplified access to microgravity for advanced research/development/manufacturing. | $14,030,000 | 10/15/2022 | Bench Equity, Dizer Capital | Seed Round |
Mobeus (Social/Platform Software) | www.mobeus.com | Sparta | Information Technology | Developer of digital communication applications designed to provide frictionless connectivity. The company’s application allows users to connect with others and create shared space in an interactive and collaborative space with features allowing sharing of screens, applications, and drawings, enabling customers to have an interactive and immersive experience. | $10,000 | 10/18/2022 | Undisclosed | Early Stage VC |
PureFDA | www.purefda.cn | Jersey City | Finance & Professional Services | Provider of regulatory compliance consulting servces. The company’s self-developed Global Regulatory Intelligence Platform (GRIP) provides full-scale certification services in the U.S. as well as throughout the European Union, enabling medical device and IVD companies to access global medical device registration information. | $12,000,000 | 10/18/2022 | Kangjun Capital, Legend Capital, Probe Capital | Early Stage VC |
PRP Concepts | www.prpconcepts.com | Red Bank | Life Sciences | Developer of a medical device intended to create state-of-the-art platelet-rich plasma therapies at the patient’s point of care. The company’s device isolates the platelets and plasma from the collected blood and processes them to create a cascade membrane, enabling healthcare professionals to reduce healing time, improve wound closure and limb salvage rates, and reduce pain. | $2,610,000 | 10/20/2022 | Undisclosed | Seed Round |
RoboBurger | www.theroboburger.com | Newark | Advanced Manufacturing | Developer of smart robotic chef machine designed to bring automation and delicious burgers to all people. The company focuses on building machines which are fully automated, self-cleaning food robot on the market that cooks a burger from scratch on a griddle and replicates the cooking process used in restaurants, enabling users to make fresh burgers at the press of a button anytime and anywhere. | $10,000,000 | 10/20/2022 | Promethean Investments | Seed Round |
SyenApp | www.syenapp.com | Monroe Township | Information Technology | Operator of a shopping portal intended to facilitate consumer-controlled eCommerce. The company’s platform lets users search across any content like emails, newsletters, products, brands, and discovery deals that are important and relevant to shopping style and preferences, and get rewards, earn cash back, gift cards to follow, and shop the brands they like, enabling customers to take control of their shopping experience. | $490,000 | 10/20/2022 | Undisclosed | Seed Round |
Boxcar | www.boxcar.com | Chatham | Advanced Transportation and Logistics | Operator of a transportation service firm intended to offer business-class commuter buses from the suburbs to the city. The company’s integrated commuting services simplify life for suburban commuters, from parking and transportation to grocery and entertainment through parking, technology, app, geolocation, and marketplace, enabling commuters to get stress out of daily commuting. | $1,650,000 | 10/24/2022 | Veresh Sita | Seed Round |
Solar Intermodal | www.solarintermodal.com | Roseland | Clean Energy | Manufacturer of energy products company designed for mobile use in untenable areas. The company focuses on facilitating the transitional economy from carbon-based fuels to the new climate economy through the implementation of zero-emission technologies in industrial and commercial applications, enabling clients to reduce fuel costs. | $50,000 | 10/25/2022 | Robert Anderson | Angel (individual) |
InSite Health | www.insitehealth.net | Cherry Hill | Life Sciences | Provider of comprehensive telepsychiatry services intended to provide mental health support, medication management, behavioral threat assessments, and psychiatric evaluations. The company provides treatment for mental health conditions such as anxiety disorders, PTSD, depression, ADHD, behavioral disorders, psychiatric care, and in-person sessions through teletherapy, enabling children and adults to get real-time medical visits and psychiatric services at their convenience. | Undisclosed | 10/27/2022 | Blackbrook Management Group, Dellin Investments, Frontier Path, Plug and Play Tech Center, VU Venture Partners | Seed Round |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Pearl Media | www.pearlmedia.com | Montclair | Information Technology | Operator of a marketing and advertising firm intended for real estate assets’ persona allowing brands to engage with consumers in meaningful ways to work, shop, live and play. The company digitizes urban core mixed-use commercial space, transit centers and transit-adjacent properties in various markets with place-based digital signage networks, thereby helping clients in experiential activation spaces and sponsorship opportunities. | Undisclosed | 10/1/2022 | Polaris Capital (New York), Seaport Capital | PE Growth/Expansion |
Sk3w Technologies | www.sk3w.net | Hoboken | Information Technology | Provider of consultancy and technical services intended for equal access to markets. The company utilizes proprietary hardware and software and offers latency standardization, data capture compliance and policy enforcement services, enabling transparent access to markets. | Undisclosed | 10/1/2022 | Optiver | PE Growth/Expansion |
Alloy Cast Products | www.alloycastproducts.com | Kenilworth | Advanced Manufacturing | Manufacturer of cobalt-based alloy castings and machine-finished parts based in Kenilworth, New Jersey. The company offers nickel alloy, extrusion, stainless steel and aluminum die castings, enabling clients to solve wear and corrosion problems. | Undisclosed | 10/3/2022 | Undisclosed | Buyout/LBO |
Edufficient | www.edufficient.com | Paramus | Information Technology | Provider of digital marketing services intended to deliver performance-based higher education campaigns. The company offers intelligent media buying, digital marketing, stringent compliance, detailed vendor management, innovative technology, drill-down analytics and progressive methodology that facilitate long-term sustainable growth, enabling colleges and universities to grow and enroll more students. | Undisclosed | 10/4/2022 | Undisclosed | Buyout/LBO |
Kapstone Technologies | www.kapstonellc.com | Somerset | Information Technology | Provider of identity and advanced cyber security, end-to-end security consulting, implementation and training services. The company offers deep expertise in identity and access management, privileged account management (PAM), identity SOC, compliance reporting and API security, helping clients understand regulatory mandates, operational requirements and best practices, assess their current situation and help to develop an efficient action plan for cyber security initiative. | Undisclosed | 10/4/2022 | Undisclosed | Buyout/LBO |
Zeus Scientific | www.zeusscientific.com | Raritan | Life Sciences | Supplier and manufacturer of Vitro diagnostic immunoassays for numerous infectious diseases and autoimmune disorders. The company specializes in autoimmune disease diagnostics, infectious disease diagnostics and predictive cardiac risk assessment, thereby serving clients with a direct domestic sales team and an extensive international distribution network. | Undisclosed | 10/11/2022 | Undisclosed | Buyout/LBO |
Virpus Networks | www.virpus.com | Jersey City | Information Technology | Provider of virtual private server (VPS) and bare metal cloud hosting services based in Jersey City, New Jersey. The company offers managed, security and backup services along with virtualized techniques, enabling clients to have reliable international web assistance at affordable price points. | Undisclosed | 10/11/2022 | Undisclosed | Merger/Acquisition |
Talenya | www.talenya.com | Hoboken | Information Technology | Developer of a technology-based recruitment platform designed to identify suitable talent for open jobs. The company’s platform uses big data, artificial intelligence, and machine learning algorithms to find people, collect all relevant information about them and match their profiles with potential jobs, enabling talent experts to open their own recruitment practice and gain access to employer clients and matching candidates immediately. | Undisclosed | 10/13/2022 | Undisclosed | Merger/Acquisition |
MacroMonitor | www.indcorp.com | Princeton | Finance & Professional Services | Provider of data and insights intended to serve financial services clients in the United States. The company offers financial services including reliable, validated, single-source research about the United States economic households’ needs, attitudes, and behaviors, thereby allowing clients reliable to use the data as a reliable method to target customers and identify trends. | Undisclosed | 10/14/2022 | Undisclosed | Merger/Acquisition |
The NFT Gaming Company | www.nftgco.com | Roseland | Film & Digital Media | Developer of a digital gaming platform based in Roseland, United States. The Company develops, designs, acquires and manages games that offer affordable non-fungible tokens (NFTs) for unique and exclusive features, rewards, and opportunities. | $7,000,000 | 10/14/2022 | Undisclosed | IPO |
Porzio Life Sciences | www.porziolifesciences.com | Morristown | Life Sciences | Provider of regulatory and compliance services serving the life sciences industry. The company provides compliance solutions to manage compliance research, analysis, global transparency reporting managements and high-risk third-party engagements as well as offers distribution licensing, global data privacy, pricing transparency and consulting services, thereby enabling companies to manage the increasingly complex regulatory environments with real-time monitoring of laws. | Undisclosed | 10/17/2022 | Porzio, Bromberg & Newman | Buyout/LBO |
Worldox | www.worldox.com | Glen Rock | Information Technology | Developer of document management system intended to serve law firms, financial services companies and corporate legal departments. The company’s platform integrates virtually with any other system that generates data the organization relies upon and offers virtually unlimited customization capabilities and helps to control, organize and manage all the information coherently, thereby delivering clients with reliable, cost-effective and easy-to-use systems. | Undisclosed | 10/17/2022 | Undisclosed | Buyout/LBO |
Image Processing Systems | www.ipswrx.com | Secaucus | Information Technology | Developer of invoice processing systems designed to evolve business operations by moving from legacy manual processes to digital processes. The company’s combines intelligent data capture, robotic process automation, digital workflows, mobile, business analytics, supplier management and integration with any enterprise resource planning application or downstream system, enabling clients to eliminate friction and gain visibility and control over cash, spending and risks of a business. | Undisclosed | 10/18/2022 | Undisclosed | Merger/Acquisition |
MedLit Solutions | www.medlitsolutions.com | Windsor | Advanced Manufacturing | Provider of full-service packaging and labeling services catering to customers in the pharmaceutical industry. The company specializes in secondary packaging components and offers inserts, outserts, labels, medication guides and folded cartons by leveraging advanced electronic vision inspection systems and optical character recognition software to adhere to stringent quality control standards, thereby providing clients with products that are in compliance with shorter lead times. | Undisclosed | 10/18/2022 | Undisclosed | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
AllDigital Specialty | AllDigital Specialty | Princeton | Finance & Professional Services | AllDigital Specialty is an operator of an early-stage Insurtech company intended to allow brokers, insurance companies, and claims administrators to seamlessly transact small commercial insurance underwriting and claims handling. The company uses blockchain technology to facilitate transactions while implementing a proprietary Artificial Intelligence (AI) algorithm to underwrite insurance products, helping clients to avail both Managing General Agent (MGA) and technology as service solutions. | Undisclosed | 9/1/2022 | AXIS Capital, Naples Technology Ventures | Early Stage VC |
Neurotez | www.neurotez.com | Bridgewater | Life Sciences | Neurotez is an operator of a biopharmaceutical company intended to serve Alzheimer’s patients characterized by hyperleptinemia. The company offers screening, identification and characterization of treatments using biochemical, molecular and cell biology in vivo models, enabling medical practitioners to improve the lives of their patients and serve the public responsibly. | Undisclosed | 9/1/2022 | CRG Capital Partners, National Institutes of Health, U.S. Department of Health and Human Services | Equity Crowdfunding |
Nubis Communications | www.nubis-inc.com | New Providence | Life Sciences | Nubis Communications is a developer of optical communications technology designed to accelerate the transition to next-generation optics. The company innovates across photonics, electronics, packaging, and manufacturing to create optics significantly more dense, scalable and lower power than existing solutions, breaking the I/O wall in data centers, enabling developers to make more advanced computing, AI, and machine learning algorithms. | Undisclosed | 9/1/2022 | Matrix Partners | Early Stage VC |
Angel Medical Systems | http://www.angel-med.com | Eatontown | Life Sciences | Angel Medical Systems is a medical company that offers AngelMed Guardian an implantable cardiac monitoring and alerting system. | $6,000,000 | 9/6/2022 | Undisclosed | Debt Financing |
Soligenix | http://soligenix.com | Princeton | Life Sciences | Soligenix is a biopharmaceutical company that develops biodefense vaccines and therapeutics to treat rare diseases. | $2,600,000 | 9/6/2022 | U.S. Food and Drug Administration | Grant |
Biftek | http://biftek.co/ | Newark | Food & beverage non-retail | Biftek produces growth medium supplement to ease the cost problem of cultured meat by introducing novel approaches. | $300,000 | 9/7/2022 | TRANGELS, Yigit Aktulga | Seed |
Origin | https://www.originww.com | Princeton | Life Sciences | Origin is a privately-held, clinical-stage biotechnology company. | $500,000 | 9/7/2022 | Undisclosed | Seed |
Community Labs | https://communitylabs.com/ | Jersey City | Information Technology | Community Labs is a Blockchain Development Company. | $30,000,000 | 9/8/2022 | 4SV, Arweave, Bain Capital Crypto, Blockchain Capital, Canonical Crypto, Distributed Global, LedgerPrime, Lightspeed Venture Partners, Puzzle Ventures, Road Capital, Third Prime | Series A |
Critical Response Group | www.crgplans.com | Hamilton | Information Technology | Critical Response Group is a developer of a visual communication tool designed to ensure collaborative communication during critical incidents. The company’s tool combines a gridded overlay with high-resolution overhead imagery to offer improved decisions validated by real-world incidents under stressful conditions, enabling operation veterans and public safety experts to enhance public safety through the implementation of technology and training techniques. | Undisclosed | 9/8/2022 | Undisclosed | Seed Round |
Medocity | www.medocity.com | Parsippany | Life Sciences | Medocity is a provider of a virtual coordinated care platform designed to provide organizations with digital solutions to improve outcomes and reduce costs. The company’s platform offers technology-based systems and interactive tools for the management of patients at home through real-time monitoring, early detection, and proactive interventions, enabling pharma, payers, and provider organizations to provide coordinated and continuous patient-centric care between visits, reduce avoidable readmissions, and lower total healthcare costs. | Undisclosed | 9/8/2022 | G4A | Later Stage VC |
Sion | https://sioncentral.com/ | Oceanport | Information Technology | Sion develops commission management software for travel agents. | $3,949,998 | 9/9/2022 | Undisclosed | Venture – Series Unknown |
Spar Energy | www.sparsystems.com | Montvale | Clean Energy | Spar Energy is a manufacturer of renewable energy semicoductors intended to provide electric power generation from datacenter waste heat. The company’s energy storage system includes long lifecycle with minimal performance degradation over time, grid energy storage, military applications, mass transport applications (trucks, buses, trains) and personal transport applications (cars), enabling clients to have eco-friendly energy storage system. | Undisclosed | 9/9/2022 | Undisclosed | Angel (individual) |
SunRay Scientific | http://www.sunrayscientific.com/ | Long Branch | Advanced Manufacturing | SunRay Scientific is a US based provider of novel interconnect solutions for the microelectronics industry. | $2,500,000 | 9/10/2022 | Angel Investor Forum, Broad Street Angels, Delaware Crossing Investor Group, Golden Seeds Venture Fund, Harvard Business School Alumni Angels of Brazil, Jumpstart New Jersey Angel Network, SoundBoard Venture Fund, Tech Council Ventures, Tidal River, Westchester Angels | Venture – Series Unknown |
Cytosorbents | http://cytosorbents.com | Plainsboro | Life Sciences | Cytosorbents develops therapeutic devices used in purifying blood to treat life-threatening diseases. | $2,000,000 | 9/12/2022 | U.S. Department of Defense | Grant |
ABF Creative | www.abfc.co | Newark | Information Technology | ABF Creative is an operator of a podcast platform intended to provide multicultural audio content. The company’s platform is a one-stop-shop advocacy platform for the minority podcast producer to create, distribute and monetize content across all of the major streaming platforms and clients are able to contract with the company to get sizable reach to this unique and valuable audience, helping brands and businesses advertise to the online community. | Undisclosed | 9/15/2022 | Black and Latino Angel Investment Fund, Multicultural Innovation Lab, Newark Venture Partners | Later Stage VC |
Carver Biosciences | www.carver.bio | Princeton | Life Sciences | Carver Biosciences is a developer of a gene therapy intended to protect humans from RNA viruses.. The company’s technology leverages Cas13 to target respiratory viruses at the RNA level and the aim is to destroy the viruses, preventing them from replicating the therapeutics that would act in concert with vaccination and viral inhibitors, enabling the treatment of patients to arrest the progression of the infection. | Undisclosed | 9/15/2022 | Khosla Ventures | Seed Round |
Creatd | https://creatd.com/ | Fort Lee | Information Technology | Creatd is an IT company that provides technologies that solve problems for the creative community. | $800,000 | 9/19/2022 | Undisclosed | Post-IPO Equity |
RenewCO2 | https://www.renewco2.com | Cranford | Clean Tech | RenewCO2 is a research company that develops processes for converting CO2 into polymers and chemicals. | $2,000,000 | 9/20/2022 | Energy Transition Ventures | Seed |
AvePoint | http://www.avepoint.com | Jersey City | Information Technology | AvePoint is a SaaS and data management platform provider, which helps to optimize SaaS operations and secure collaboration. | $1,550,000 | 9/21/2022 | Undisclosed | Venture – Series Unknown |
Lactiga | https://www.lactiga.com/ | Princeton | Life Sciences | Lactiga is a biotherapeutics company advancing its patented biologics to transform the anti-infective sector and protect vulnerable patients | $1,250,000 | 9/21/2022 | 1517 Fund | Pre-Seed |
Vasitum | www.vasitum.com | Jersey City | Information Technology | Vasitum is a developer of a job-finding platform intended to leverage AI and ML technology to automate and streamline the recruitment cycle. The company’s platform allows employers to automate candidate recommendation, real-time communication, screening, and interview scheduling, enabling recruiters to manage recruitment. | Undisclosed | 9/26/2022 | Undisclosed | Equity Crowdfunding |
Sitetracker | www.sitetracker.com | Montclair | Information Technology | Sitetracker is an operator of a project management platform intended for high-volume, repeatable, and distributed projects. The company’s platform conducts capacity planning to identify staffing needs or resource bottlenecks and leverages vendor analytics to connect project timelines with historical performance, enabling stakeholders to optimize the entire asset lifecycle through native platform inclusions like AI, automation, and actionable analytics and optimize how they plan, deploy, maintain, and grow their capital asset portfolios. | Undisclosed | 9/28/2022 | Clearvision Ventures, Deutsche Telekom, DTCP, Energize Ventures, Energy Impact Partners, Ericsson Ventures, H.I.G. Growth Partners, Kingfisher Investment Advisors, National Grid Partners, New Enterprise Associates, NTT Docomo Ventures, Salesforce Ventures, The Raine Group, Wells Fargo Strategic Capital | Later Stage VC |
WeStock | https://www.westock.io | Fort Lee | Information Technology | WeStock develops a crowd stocking platform to let shoppers request products at their local retailer. | $2,255,731 | 9/28/2022 | Undisclosed | Venture – Series Unknown |
WhizAI | www.whiz.ai | Somerset | Information Technology | WhizAI is a developer of an artificial intelligence-based data analysis platform designed to simplify access to enterprise information, insights, and workflows for life sciences and healthcare. The company’s platform offers data integration, artificial intelligence-driven visualization, alerts, and contextual analytics-based reports as well as permits daily workflows and delivers insights without the delays of traditional dashboards, enabling companies to track their business trend and empowering decision-makers to drive more informed business decisions. | Undisclosed | 9/29/2022 | Bling Capital, Firebolt Ventures, Healthy Ventures, Pankaj Jain, Trigyn Technologies, Vertical Venture Partners | Early Stage VC |
Friend2Meet | https://www.friend2meet.com/ | Tenafly | Information Technology | Friend2Meet is a developer of a dating platform. | $888,000 | 9/30/2022 | Undisclosed | Seed |
MARCo Health | www.marcohealthtech.com | Newark | Information Technology | MARCo Health is a developer of a robot designed for the treatment of mental health. The company’s therapeutic robots provide guided meditation routines, and cognitive behavioral therapy treatment, measure, and record bio-feedback, and reach out to emergency services and contacts in situations of suicide and self-harm, enabling mental health patients to get optimal care without doctors’ supervision. | Undisclosed | 9/30/2022 | Undisclosed | Equity Crowdfunding |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Epion Health | http://www.epionhealth.com | Hoboken | Information Technology | Epion Health provides a variety of mobile health applications and content using a cloud based application and content management solution. | Undisclosed | 9/1/2022 | Kyruus | Merger/Acquisition |
Prosperity Behavioral Health | www.prosperitybh.com | Cherry Hill | Finance & Professional Services | Prosperity Behavioral Health is a provider of outsourcing services intended to specialize in providing financial solutions to healthcare organizations. The company offers billing and collections, accounting, utilization review, data and analytics, back-office, due diligence, patient responsibility, tax consulting, managed care negotiation and other related services, serving behavioral health companies with several financial solutions. | Undisclosed | 9/1/2022 | NewSpring Capital | PE Growth/Expansion |
SalSon Logistics | www.salson.com | Newark | Advanced Transportation & Logistics | SalSon Logistics is a provider of logistics services intended to serve corporate and private clients in Newark, New Jersey. The company offers drayage, transloading, warehousing and distribution, dedicated fleet services and pool distribution and store delivery services, thereby providing a turnkey solution for every aspect of product distribution, from port to shelf. | Undisclosed | 9/2/2022 | TTSI | Buyout/LBO |
Paige Electric | www.paigeconnected.com | Mountainside | Advanced Manufacturing | Paige Electric is a manufacturer and fabricator of electrical and electronic wires, cables, cable assemblies and accessories intended to serve specialty markets. The company provides customized connector products, power cables, valve wires, communications cables, decoder systems, low voltage landscape lighting cables, power conditioning transformers and other related supplies and accessories, thereby helping agricultural, low voltage electronic, pump wire and asset protection system industries. | Undisclosed | 9/6/2022 | Genuine Cable Group | Buyout/LBO |
Fusion Employer Services | www.fusionemployerservices.com | Lawrenceville | Finance & Professional Services | Fusion Employer Services is an operator of professional employer organization (PEO) intended to serve the small business community. The company offers a wide range of services including payroll and tax, human resources, worker’s compensation, benefits, life insurance and long-term disability, thereby protecting our clients’ businesses with a legally compliant human resources infrastructure while supporting their employees. | Undisclosed | 9/8/2022 | Engage | Buyout/LBO |
Tech Commandos | https://www.techcommandos.com/ | Marlton | Information Technology | Tech Commandos delivers cloud information technology services that enhance productivity. | Undisclosed | 9/13/2022 | Summit Hosting provides cloud-based hosting to businesses all around the world. | Merger/Acquisition |
Srijan | https://www.srijan.net | Manasquan | Information Technology | Srijan modernizes digital systems. As thought partners in your digital transformation journey, we’ve been leading the change since 10+ years | Undisclosed | 9/15/2022 | LumiThera | Merger/Acquisition |
ZettaLabs | www.zettalabs.com | Cedar Knolls | Information Technology | ZettaLabs is a developer of data analytics technology intended to collect, clean and analyze data with ease for executive and business analysts. The company’s technology specializes in integrating, organizing, de-duplicating and cleaning raw data in order to create data that is ready and prepped for analytics, enabling business and IT users with a set of capabilities to build and run faster models than traditional model development tools. | Undisclosed | 9/22/2022 | Fluree | Merger/Acquisition |
Atrion Communications Resources | www.atrioncomm.com | Branchburg | Information Technology | Atrion Communications Resources is a provider of information technology products and services intended to reshape the current environment and align technology capabilities with business vision. The company’s services include assessment of architecture, full remediation including procurement, implementation and a flexible array of technical support, enabling clients to ensure that all projects are completed accurately and in a timely fashion. | $2,910,000 | 9/26/2022 | Aurora | Merger/Acquisition |
Innovative Network Designs | www.indcorp.com | Whippany | Information Technology | Information and High Technology | Innovative Network Designs is an operator of IT and cybersecurity services company intended to offer technology solutions. The company provides cybersecurity, risk assessment, network security, disaster recovery and business continuity, managed T service, cloud service and storage, security advisory and consulting and IT support, enabling its clients to avail the solution to face the risks faced by the business and get response in lower time. | $6,600,000 | 9/28/2022 | Undisclosed | Merger/Acquisition |
Billtrust | www.billtrust.com | Lawrenceville | Information Technology | BTRS Holdings Inc is a provider of cloud-based software and integrated payment processing solutions. It operates in two segments: Print, which is primarily responsible for printing customer invoices and optimizing the amount of time and costs associated with billing customers via mail; and Software & Payments segment primarily operates using software and cloud-based services, optimizes electronic invoice presentment, electronic payments, credit decisioning, collections automation, cash application, and deduction management, and e-commerce of B2B customers. | $1,700,000,000 | 9/28/2022 | South Mountain Merger | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Emitrr | www.emitrr.com | West New York | Information Technology | Operator of a customer interaction and engagement platform intended to help small businesses automate day-to-day tasks The company’s platform is designed to act as a smart front desk assistant which can handle customer queries like service appointments, quotes, and faqs, enabling consumer services companies to focus on their business growth and operations. | $4,000,000 | 8/2/2022 | Axilor Ventures, Chiratae Ventures India Advisors(Venkatesh Peddi), FortyTwo.VC(Asutosh Upadhyay), Khadim Batti(Khadim Batti), Venture Highway (New Delhi) | Early Stage VC |
Amyna Systems | www.amyna.io | Hackensack | Information Technology | Developer of IoT cybersecurity platform intended to prevent malignant attacks. | $250,000 | 8/8/2022 | Undisclosed | Angel (individual) |
Exovolar | http://www.exovolar.com/ | Union City | Advanced Manufacturing | Developer of air mobility platform intended to build air mobility platforms for industrial aerial utility as their entry to the market. The company builds patented lightweight and modular air mobility systems as alternatives to cranes and helicopters that allows for the development of personal jet-powered exoskeletons that can be adapted for all levels of sky-exploring ranging from civilian entertainment to military special operations, enabling clients to experience the sky with a flying chassis with robust control through efficiently perform tasks like cargo transportation, inspection and maintenance, and crew transfer. | $74,930 | 8/8/2022 | NJ Clean Tech Seed Grant | Grant |
Enalare Therapeutics | www.enalare.com | Princeton | Life Sciences | Operator of a clinical-stage biopharmaceutical company designed to provide therapies for patients suffering from acute respiratory conditions. The company’s biopharmaceutical platform provides pharmaceutical preparations and medical information for the treatment of opioid addiction, opioid overdose and opioid dependence, it also comes up with agnostic therapeutic breathing stimulants, enabling patients to get treatment for the life-threatening disease of acute respiratory depression. | $55,000,000 | 8/9/2022 | Eagle Pharmaceuticals (NAS: EGRX)(Scott Tarriff) | Later Stage VC |
The Rights. | http://www.www.therights.com.com/ | Montclair | Information Technology | Developer of a technology intended to simplify music licensing. The company is currently operating in stealth mode. | $2,980,000 | 8/9/2022 | Undisclosed | Seed Round |
98Strong | www.98strong.com | Princeton | Information Technology | Developer of community platform designed to connect student-athletes with sponsors and brands. The company’s platform allows the student-athletes of all levels to sign up to their community and put them in a position to get sponsorship from brands and businesses directly to their email, helping student-athletes monetize their NIL easily by choosing the deals they want to take. | $450,000 | 8/11/2022 | Undisclosed | Angel (individual) |
AquaPao | www.aquapao.com | Princeton | Advanced Manufacturing | Developer of a photo responsive solar absorber gel designed to recycle water. The company’s SAG technology can absorb and release water via hydrophilic/ hydrophobic switching at the lower critical solution temperature (LCST) of ~33 C – a temperature readily achieved using natural sunlight, enabling clients to regulate the transport of water and address the water scarcity problem. | $80,000 | 8/18/2022 | New Jersey Economic Development Authority | Grant |
Copperpod Digital | www.copperpod.digital | Plainsboro | Information Technology | Operator of a digi-tech platform intended to help businesses advertise and grow on Web3.0. The company’s platform offers businesses and brands conceive new digital offerings harnessing the potential of Web3.0, it emphasizes active experimentation and scaling up at speed, which is core to achieving continuous to businesses, their brands, and their consumers across realities of consumers choose, enabling clients to accelerate using metaverse and NFTs, to drive enhanced customer engagement. | $10,000,000 | 8/18/2022 | KFC Ventures(Naveen Kumar) | Early Stage VC |
Cosán | www.cosangroup.com | Moorestown | Information Technology | Developer of a preventative care coordination tool designed to help physicians, healthcare organizations and payers improve patient outcomes. The company’s tool uses advanced technology with a network of healthcare methods to analyze, evaluate, and coordinate care plans, enabling healthcare providers to improve patient outcomes by creating pathways to modern aging. | $6,400,000 | 8/22/2022 | Undisclosed | Later Stage VC |
POM Safe | www.getthepom.com | Newark | Information Technology | Developer of a personal safety system intended to serve healthcare workers, college students, lone workers, and executive personnel. The company offers a personal safety device that can be attached to keychains and bags or carried in pockets, that once tapped connects the user to professionally trained emergency dispatchers, enabling individuals to contact emergency responders easily at the time of need. | $3,320,000 | 8/22/2022 | Undisclosed | Later Stage VC |
Miku | www.mikucare.com | Woodbridge Township | Life Sciences | Developer of breathing and sleep tracking device designed to monitor a baby’s vitals and nursery conditions. The company’s device captures and analyzes breathing, sound, and sleeping patterns with no wires or wearables, using proprietary sensor fusion technology, enabling parents to monitor their baby’s health from anywhere around the world. | $20,000,000 | 8/23/2022 | Haus Capital, TQ Ventures | Early Stage VC |
Spice(Financial Service) | www.spicefi.xyz | Berkeley Heights | Finance & Professional Services | The company is operating in stealth mode. | $910,000 | 8/25/2022 | Undisclosed | Angel (individual) |
Outline-it | www.myoutline.com | Princeton | Information Technology | Developer of an interactive writing application designed for college and graduate school. The company’s platform allows to bridge the gap by structuring essays that help to gain admission to schools and succeed and graduate from institutions of higher education and advance in careers, enabling students to understand how to have better captivating concise writing. | $50,000 | 8/31/2022 | Expert DOJO | Seed Round |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Transverse Insurance Group | www.transverseinsurance.com | Warren | Finance & Professional Services | Provider of risk management and program underwriting services intended to retain risk and provide underwriting, compliance, actuarial and claims assistance. The company’s services provide innovative solutions to meet the needs and bridge that gap and maximize opportunities, enabling reinsurers and program administrators to get tailored financial services. | $400,000,000 | 8/7/2022 | Mitsui Sumitomo Insurance Company(Tamaki Kawate) | Merger/Acquisition |
CORE Analytics | www.zcoreanalytics.com | Manalapan | Information Technology | Developer of claims data analytics platform designed for the skilled nursing facility sector. The company’s platform applies proprietary intelligence to accretive peer-group data to produce meaningful and actionable insights and offers comparative analysis, risk management support and reimbursement and optimization services, enabling healthcare professionals with a claim analytics tool for easy and seamless billing, reimbursement and maintaining claims data. | Undisclosed | 8/8/2022 | GI Partners, Netsmart Technologies(Michael Valentine), TA Associates Management | Buyout/LBO |
Sannova Analytical | www.sannova.net | Somerset | Life Sciences | Provider of bioanalytical and testing services to biopharmaceutical and biotech companies for both small and large molecules. The company specializes in offering multiple services including skin absorption studies, pepsin activity studies, bioequivalence studies, assay methods, impurities analysis, stability testing and bioequivalence services, thereby enabling drug manufacturing companies with low variability data and quick turnaround times for drug development and clinical trials. | Undisclosed | 8/10/2022 | SFW Capital Partners(Roger Freeman) | Buyout/LBO |
Contract Filling | www.contractfillinginc.com | Cedar Grove | Advanced Manufacturing | Manufacturer of high-end fragrances, deodorants and cosmetic equipment for cosmetic brands and luxury fragrance houses. The company’s product offering includes perfume, cologne, hairspray, body mists and deodorant filling and packaging capabilities, providing clients with unique facility specifications and advanced manufacturing equipment required to produce alcohol-based personal care products. | Undisclosed | 8/12/2022 | Arizona Natural Resources (Christine Staples), CORE Industrial Partners(Frank Papa), Marianna Beauty | Buyout/LBO |
Verde Clean Fuels (NAS: VGAS) | www.primusge.com | Hillsborough | Clean Energy | Verde Clean Fuels Inc is a renewable energy company specializing in the conversion of synthesis gas, or syngas, derived from diverse feedstocks, such as biomass, MSW and mixed plastics, as well as natural gas (including synthetic natural gas) and other feedstocks, into liquid hydrocarbons that can be used as gasoline through an innovative and proprietary liquid fuels technology, the STG process. | Undisclosed | 8/12/2022 | CENAQ Energy (NAS: CENQ) (Russell Porter) | Reverse Merger |
MDAdvantage | www.mdadvantageonline.com | Lawrence | Finance & Professional Services | Provider of medical professional liability insurance services intended for physicians and medical professionals. The company focuses on protecting the professional and financial well-being of its insured physicians with market-leading policy forms, claims defense practices and risk management services. | Undisclosed | 8/15/2022 | Mag Mutual Insurance Company(William Kanich) | Merger/Acquisition |
Micron Systems | www.micronsystems.com | Fair Lawn | Information Technology | Developer of talent management software intended to serve legal and accounting professions. The company streamlines the talent management lifecycle of recruiting, continuing education, performance review and work allocation to simplify attracting, developing and retaining top talent, thereby helping clients to simplify workflows and integrate data intelligently. | Undisclosed | 8/16/2022 | HG Capital (UK), Litera (Sheryl Hoskins) | Buyout/LBO |
The Systems House | www.tshinc.com | Clifton | Information Technology | Developer of enterprise management software intended to serve the healthcare supply chain industry. The company offers purchasing and inventory management, order processing and warehouse management, accounting and general ledger and integrated e-commerce services, thereby helping clients to lower their costs and manage their distribution and importing business. | Undisclosed | 8/19/2022 | Aptean, Charlesbank Capital Partners, TA Associates Management, Vista Equity Partners | Buyout/LBO |
PaxMedica (NAS: PXMD) | www.paxmedica.com | Woodcliff Lake | Life Sciences | PaxMedica Inc an early clinical stage biopharmaceutical company focusing on the development of anti-purinergic therapies (or APT), for the treatment of neurodevelopmental disorders, including autism spectrum disorder (or ASD), and Fragile X syndrome tremor-ataxia (or FXTAS). It focuses on the development and testing of its lead program, PAX-101, an intravenous formulation of suramin, in the treatment of ASD and FXTAS. It is also focused on the treatment of Human African Trypanosomiasis (or HAT). Its candidate PAX-102, proprietary intranasal formulation of suramin, as well as other new chemical entities that are more targeted and highly selective antagonists of particular purinergic receptor subtypes. | $8,110,000 | 8/26/2022 | Undisclosed | IPO |
Bem Systems | www.bemsys.com | Chatham | Finance & Professional Services | Provider of environmental engineering consulting services intended for a diverse customer base including federal, state and local government agencies as well as blue-chip commercial enterprises. The company engages in consulting, engineering and information management services as well as offers consulting platform specializing in environmental planning, climate change and resiliency and natural resource services, helping simplify the management of complex infrastructure projects and operations. | Undisclosed | 8/29/2022 | Bernhard Capital Partners (Christopher Dillon), KC Harvey Environmental | Buyout/LBO |
National Air Filter | www.nationalairfilter.com | Cedar Grove | Finance & Professional Services | Provider of testing and maintenance of cleanrooms and controlled environments to ensure consistent reliability, efficiency, and compliance intended testing and maintenance of cleanrooms and controlled environments to ensure consistent reliability, efficiency, and compliance. The company provide services required to ensure proper and consistent operation of cleanrooms and controlled environments which includes certifications, airflow testing and balancing, air filter services and other services, enabling its client to avail flexible and responsive of customer feedback. | Undisclosed | 8/29/2022 | AAF Flanders | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Agile Therapeutics | http://www.agiletherapeutics.com | Princeton | Life Sciences | Agile Therapeutics is pharmaceutical company developing contraceptive healthcare products for women. | $24,000,000 | 7/1/2022 | Undisclosed | Post-IPO Equity |
AiVacua | AiVacua | Newark | Clean Energy | Provider of a water cleaning technology intended to clean water through a simple and revolutionary patented continuous vacuum process. The company provides a vacuum distillation process that is energy efficient, sustainable, recyclable, scalable and able to save water costs, enabling people and various industries to access a cost-efficient technology for water purification and distillation. | Undisclosed | 7/1/2022 | National Science Foundation Innovation Corps Program | Accelerator/Incubator |
VSBLTY | http://vsblty.net/ | Voorhees | Information Technology | VSBLTY is a retail technology and marketing communications company with applications to drive brand engagement, insights, and sales. | $5,000,010 | 7/6/2022 | Undisclosed | Post-IPO Equity |
Provention Bio | http://www.proventionbio.com/ | Lebanon | Life Sciences | Provention Bio is a clinical stage biopharmaceutical dedicated to sourcing, developing and commercializing novel therapeutics. | $60,000,000 | 7/7/2022 | WindRose Health Investors | Post-IPO Equity |
Mama Mancinis | https://www.mamamancinis.com/ | East Rutherford | Food & beverage non-retail | Mama Mancinis is a manufacturer and distributor of a line of all-natural food products and recipes. | $1,180,000 | 7/10/2022 | Philadelphia Media Founders Exchange | Venture – Series Unknown |
EcoBloc | https://www.bloc.eco/ | Newfoundland | Advanced Materials | EcoBloc protects inventory and equipment using ultrasonic waves. | Undisclosed | 7/11/2022 | Undisclosed | Non-equity Assistance |
Keeping You Sweet | https://www.keepingyousweet.com/ | Wayne | Food & beverage non-retail | Operator of a baked goods company intended to provide natural and gluten-free desserts. The company specializes in creating delectable all-natural cheesecakes and brownies that are gluten-free with no added refined sugar and offers uniquely flavored cheesecakes including sweet potato, pina colada, banana pudding, apple cinnamon and matcha, enabling customers to enjoy delicious and healthy desserts. | Undisclosed | 7/11/2022 | 1863 Ventures | Accelerator/Incubator |
Paladin Cloud | www.paladincloud.io | Califon | Information Technology | Operator of open source platform intended to improve cloud security posture. The company’s platform adopts a plugin-based architecture that helps developers connect to and ingest data from myriad sources, spanning code repositories, threat intelligence systems, API gateways, and Kubernetes, enabling developers with the protection of cloud environments to secure their applications and data. | $3,300,000 | 7/11/2022 | Bowery Capital, Okapi Venture Capital, SaaS Ventures, Samsung NEXT Ventures, T-Mobile Ventures, Touchdown Ventures, UST | Seed Round |
Areteia Therapeutics | https://areteiatx.com | Bernardsville | Life Sciences | Areteia Therapeutics is a biotechnology company committed to putting asthma patients in better control of their disease. | $350,000,000 | 7/12/2022 | Bain Capital Life Sciences | Series A |
Ascendia Pharmaceuticals | https://ascendiapharma.com/ | North Brunswick | Life Sciences | Ascendia Pharmaceuticals offers a comprehensive suite of pre-formulation for preclinical- and clinical-stage drug candidates. | $2,499,945 | 7/13/2022 | Conscious Venture Lab | Venture – Series Unknown |
DatChat | http://www.datchat.net | New Brunswick | Information Technology | DatChat, Inc. is a personal privacy platform, focused on Encrypted Communication, Internet Security and Digital Rights Management. | $1,160,000 | 7/13/2022 | Undisclosed | Venture – Series Unknown |
Avlino | avlino.com/about.html | Holmdel | Information Technology | Developer of automated artificial intelligence technologies designed to provide comprehensive data insights. The company’s technologies include market intelligence and operational intelligence based on cloud-based data insights and consultancy software, enabling clients to get assistance in complex data modeling, predictive modeling, statistical insights and self-learning and directed learning algorithms. | $8,600,000 | 7/14/2022 | Elevate Innovation Partners | Later Stage VC |
NovoPedics | novopedics.com | New Brunswick | Life Sciences | Developer of implantable medical device designed to restore mobility in patients suffering from severe meniscal knee injuries. The company’s device is a biodegradable polymer, fiber-reinforced scaffold for total meniscal replacement of damaged meniscal tissue with a patented fiber-reinforced design similar to the native meniscus and can be attached to both soft tissues and bones, enabling surgeons to offer advanced treatment in total meniscus replacement surgery. | $280,000 | 7/15/2022 | Undisclosed | Grant |
Exovolar | https://exovolar.com | Union City | Advanced Manufacturing | Developer of air mobility platform intended to build air mobility platforms for industrial aerial utility as their entry to the market. The company builds patented lightweight and modular air mobility systems as alternatives to cranes and helicopters that allows for the development of personal jet-powered exoskeletons that can be adapted for all levels of sky-exploring ranging from civilian entertainment to military special operations, enabling clients to experience the sky with a flying chassis with robust control through efficiently perform tasks like cargo transportation, inspection and maintenance, and crew transfer. | $20,000 | 7/18/2022 | Techstars | Accelerator/Incubator |
Ocean Power Technologies (OPT) | http://www.oceanpowertechnologies.com | Monroe Township | Clean Energy | Ocean Power Technologies focuses on capturing and converting wave energy into electricity using innovative power take-off systems. | $1,100,000 | 7/18/2022 | CenterGate Capital | Grant |
Zant. | http://www.zant.app.com | Bridgewater Township | Life Sciences | Developer of an online healthcare platform designed to improve telehealth medical services. The company’s platform provides a range of services such as doctor’s consultation, appointments and cashless settlement of receivables as well as offers counseling, life coaching, health and wellness, mentorship, recovery coaching for mental health, enabling people to avail medical services in a hassle-free manner. | $280,000 | 7/18/2022 | Undisclosed | Angel (individual) |
Origami Surgical | http://www.origamisurgical.com/ | Madison | Life Sciences | Developer of a single-use canister intended to improve endoscopic robotic surgery outcomes. The company’s product utilizes a patented suture delivery and retrieval design and can be inserted and withdrawn from the surgical field through a trocar cannula, enabling doctors to get increased surgical efficiency. | $1,250,000 | 7/19/2022 | Undisclosed | Later Stage VC |
Zebedee | https://zebedee.io | Hoboken | Information Technology | Developer of an online payment platform designed to permit the integration of Bitcoin and lightning into digital gaming environments. | $35,000,000 | 7/19/2022 | Kingsway Capital | Series B |
Grignard Pure | https://grignardpure.com/ | Rahway | Life Sciences | Grignard Pure develops an antimicrobial air treatment technology that kills 98% of the SARS-CoV-2 virus in the air. | $1,400,000 | 7/20/2022 | Echelon Wealth Partners | Venture – Series Unknown |
Legend Biotech | https://www.legendbiotech.com/ | Somerset | Life Sciences | Legend Biotech is a biopharmaceutical company bringing impactful innovations in cell therapy, and accelerating the science. | $250,000,000 | 7/25/2022 | Undisclosed | Post-IPO Equity |
Ambit RD | https://ambitcare.com | Morristown | Life Sciences | Operator of a data and tech-enabled healthcare services company intended to focus on rare diseases. The company’s proprietary data and analytics reduce the time to diagnosis and its platform alleviates the pain points associated with rare diseases, including patient identification, activation, and access to diagnostic services, enabling biopharma companies to develop life-altering treatments for patients with rare and specialty diseases. | $850,000 | 7/26/2022 | Undisclosed | Angel (individual) |
Nuvectis Pharma | https://nuvectis.com/ | Fort Lee | Life Sciences | Nuvectis Pharma is a biopharmaceutical company intended to develop novel targeted therapeutics for the treatment of cancer. | $15,900,000 | 7/27/2022 | Purchase Capita | Post-IPO Equity |
Fexa | https://fexa.io/ | Mullica Hill | Information Technology | Fexa is a facilities management SaaS (Software-as-a-Service) solution that is easy to use, smart, and uniquely highly flexible. | $40,000,000 | 7/28/2022 | Undisclosed | Private Equity |
Khal.com | https://khal.com/#/ | Jersey City | Information Technology | Operator of a social cooking website intended to help users from all over the world to show their cooking skills. The company gives chefs and people who love to cook a dedicated cooking platform where they can share for employment or with people who ask them for their recipes, enabling professional cooks and food enthusiasts to show their culinary skills. | $310,000 | 7/30/2022 | Undisclosed | Equity Crowdfunding |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
VMS Fund Administration | www.vmsfa.com | Princeton | Finance & Professional Services | Provider of venture capital and private equity accounting services supported by an integrated technology platform The company’s services include accounting, report generation, capital call and distribution management, data collection and CFO consulting services. | Undisclosed | 7/1/2022 | Aduro Advisors | Buyout/LBO |
MeaningCloud | www.meaningcloud.com | Union | Information Technology | Provider of data analyzing services intended to offer data engineering strategies for designing and implementing data-intensive scalable systems. The company’s data analyzing services designing of strategies which are capable of handling large amounts of data volume, data that needs to be processed in real time and data in a variety of formats enabling industries such as media, telecommunications, government and financial services to achieve fast and correct decisions. | Undisclosed | 7/1/2022 | Merger/Acquisition | |
Bondi Digital | www.bondidigital.com | Edgewater | Information Technology | Developer and operator of a digital archive platform intended to provide historical content for researchers, students, journalists, and magazine lovers in general. The company through its platform displays individual articles, collections, and full issues and offers tools such as digital publishing, website integration, enhanced tagging, search and image display, thereby helping clients by transforming their magazine’s print archive into a ready-to-publish digital content that integrates seamlessly into their magazine’s web, social, and email offerings. | Undisclosed | 7/4/2022 | PugPig | Merger/Acquisition |
Bear Mattress | www.bearmattress.com | Hoboken | Advanced Manufacturing | Manufacturer and seller of mattresses designed for athletes and people living a healthy and active lifestyle. The company’s product has been engineered with both advanced foam and Celliant responsive textile technologies they work with experts around the world to design a mattress that is comfortable, sleeps cool, helps its customers recover faster and increases your energy. | Undisclosed | 7/7/2022 | Brooklyn Mattress | Buyout/LBO |
Ghiorsi & Sorrenti | www.gsiphilanthropy.com | Wyckoff | Finance & Professional Services | Provider of philanthropic consulting and management services catering to a spectrum of healthcare systems and organizations. The company engages in planning studies, comprehensive campaigns, strategic philanthropic programs, data analytics and prospect research, thereby helping nonprofit organizations in achieving their philanthropic goals. | Undisclosed | 7/7/2022 | GOBEL | Merger/Acquisition |
TYME | https://www.tymeinc.com/ | Bedminster | Life Sciences | TYME is an emerging biotech developing cancer therapeutics intended to be broadly effective across tumor types with low toxicity profiles. | $60,000,000 | 7/7/2022 | Syros Pharmaceuticals | Merger/Acquisition |
Emcay | www.emcay.net | Short Hills | Finance & Professional Services | Provider of multicultural marketing services intended for the pharmaceutical industry. The company offers a wide range of services including strategy and business analysis, creative, digital, production, media planning as well as local market activation. | Undisclosed | 7/12/2022 | Fingerpaint | Buyout/LBO |
Hudson Robotics | https://hudsonrobotics.com | Springfield | Advanced Manufacturing | Provider of robotic automation services intended for the pharma, biopharma and OEM end markets. The company designs and assembles liquid handling, microplate automation, laboratory robotics and customized software-driven laboratory automation services for life-sciences research, drug discovery, clinical research and pharmaceutical development. | Undisclosed | 7/12/2022 | Argosy Healthcare | Buyout/LBO |
Life Policy Pros | www.lifepolicypros.org | Princeton | Finance & Professional Services | Provider of financial and advisory services intended to identify, implement and execute life insurance solutions for other financial professionals. The company specializes in offering services including the analysis of business objectives, delivering ideas, concepts and techniques and designing marketing plans, thereby working in a partnering capacity with investment and insurance advisors focusing on planning for clients and enabling them to grow in revenue. | Undisclosed | 7/14/2022 | Simplicity Group | Buyout/LBO |
Quantum Risk Solutions | www.q-risksolutions.com | Somerville | Finance & Professional Services | Provider of insurance underwriting management and wholesale brokering services intended to support the transportation industry. The company specializes in insurance and risk management products for auto transporters, towing and collateral recovery firms, non-emergency medical technicians and specialty haulers. | Undisclosed | 7/15/2022 | NFP | Buyout/LBO |
Technologia Corporation | https://www.technologiacorp.com | Princeton | Information Technology | Technologia Corporation is an innovative Cloud and DevOps Services company that brings end-to-end expertise and a personal touch to business. | $300,000 | 7/15/2022 | Response Informatics | Merger/Acquisition |
Assisi Animal Health | www.assisianimalhealth.com | New Vernon | Life Sciences | Developer of veterinary therapy tech products intended to treat pain, inflammation, anxiety or behavioral disorders. The company offers products based on targeted pulsed electromagnetic field therapy which helps in reducing travel anxiety, noise anxiety, post-surgical pain and swelling, degenerative disorders and orthopedic injuries, thereby enabling animal owners to get a drug-free alternative for their pets. | Undisclosed | 7/18/2022 | Zomedica | Merger/Acquisition |
Epicor | www.epicorinc.com | Linden | Advanced Manufacturing | Manufacturer of powdered ion exchange resins and fiber mixtures catering to the power industry. The company offers custom blended beads, specialized ion exchange resins, top tube sheet powdered resin condensate polisher and water treating equipment, thereby helping industries maintain a continual supply of pure water for power plants. | Undisclosed | 7/18/2022 | Evoqua Water Technologies | Merger/Acquisition |
Innovative Concrete Technology | https://www.bestadmix.com | Port Murray | Advanced Manufacturing | Innovative Concrete Technology offers a full spectrum of concrete masonry and related products along with technical analysis and support. | Undisclosed | 7/19/2022 | Elvisridge Capital | Merger/Acquisition |
Solar Products | https://solarproducts.com/ | Pompton Lakes | Clean Energy | Solar Products manufactures electric infrared heating products such as panel heaters and quartz tubes for carpeting and thermoforming. | Undisclosed | 7/19/2022 | ASPEQ Heating Group | Merger/Acquisition |
iMarket Communications | www.imarketcommunications.com | Aberdeen | Information Technology | Provider of a premier telecommunications specializing in trader voice and data solutions intended for the financial, banking and energy industries. The company provides industry-specific solutions for the financial and banking verticals, enabling its clients to avail reliable and cost effective services. | Undisclosed | 7/20/2022 | Speakerbus | Buyout/LBO |
Jansy Packaging | www.jansypkg.com | Englewood Cliffs | Advanced Manufacturing | Provider of outsourced, value-added specialty packaging services focused on serving the health and beauty industry. The company offers comprehensive, creative and effective design, packaging and manufacturing services using enhanced designs and engineering as well as boasts a full suite of value-added services including product formulation, testing, blending and filling services, ensuring consistent and timely finished goods. | Undisclosed | 7/21/2022 | Berlin Packaging | Buyout/LBO |
GMS International | www.gmsint.com | Closter | Information Technology | Developer of freight management software for customs house processing, freight forwarding, accounting, and logistics management sectors. The company’s software offers purchase order management, shipment tracking, warehouse management and real-time tracking by air, sea and rail to clients, thereby enabling efficient handling of all phases of a shipment’s movement and customs clearance from origin to final delivery. | Undisclosed | 7/21/2022 | Undisclosed | Merger/Acquisition |
PremierSports | https://www.premiersportsasia.com | Princeton | Information Technology | PremierSports is an athletic marketplace that specializes in connecting premier, private coaches with passionate athletes. | $35,986,325 | 7/21/2022 | Viaplay | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
1Kosmos | www.1kosmos.com | East Brunswick | Information Technology | Operator of a multi-factor authentication platform intended to secure online services. The company’s platform offers advanced biometric authentication with flexible levels of identity assurance, enabling users to have control of their own portable and interoperable digital identity and online service providers to use it with consent to fight identity fraud. | Undisclosed | 6/1/2022 | Gula Tech Adventures(Ron Gula) | Early Stage VC |
E-Arbitrator | www.e-arbitrator.com | New Providence | Information Technology | Developer of a digital platform designed to provide insight and guidance on arbitration issues. The company’s digital platform offers connectivity with qualified arbitrators, mediators, or alternative dispute resolution specialists who are experts in corporate, private equity, project finance, trademarks, and many other fields, helping clients to engage with experts and have the issue resolved all online. | $10,000 | 6/1/2022 | HiiL Justice Accelerator | Accelerator/Incubator |
Oishii (Horticulture) | www.oishii.com | Jersey City | Food & beverage non-retail | Developer of an indoor vertical farming technology intended to grow strawberries at a commercial scale. The company’s technology includes growing local, sustainable pesticide-free produce year-round in any location in the world by directly addressing critical environmental pain points, enabling farmers to reduce water usage while cultivating and increasing crop yield. | Undisclosed | 6/1/2022 | Bloom8, D & Growth Capital, McWin Food Ecosystem Fund | Later Stage VC |
RizLab Health | www.rizlabhealth.com | Princeton | Life Sciences | Developer of a complete blood count device intended to detect blood diseases. The company’s CBC analyzer is an ultra-compact all electronic cytometer capable of quantifying the key cellular components in a CBC, enabling doctors to have a mobile health monitoring system for assessing whether patients exhibiting cold symptoms are likely experiencing a bacterial or viral infection. | $350,000 | 6/1/2022 | Undisclosed | Seed Round |
Orthonu | www.orthonu.com | Rumsen | Life Sciences | Developer of orthodontic toolkits intended to eliminate the pain and embarrassment of wearing braces. The company offers oral self-care products, engineered by an orthodontist, that look like a swiss-army knife, helping patients to solve the oral challenges, that arise due to wearing braces or aligners, by themselves. | $1,270,000 | 6/9/2022 | Undisclosed | Seed Round |
iCreditWorks | Iselin | Morristown | Information Technology | Developer of a financial application designed to simplify the dental loan process. The company offers a simple, seamless and secure mobile loan process to select the loan option and connect with the lender who will fund the dentist when the treatment begins, enabling patients to revolutionize point-of-care lending between dental patients and providers. | Undisclosed | 6/14/2022 | WebBank(Jason Lloyd) | Early Stage VC |
Onkos Surgical | www.onkossurgical.com | Parsippany | Life Sciences | Developer of precision orthopedics designed to reduce complexity and address the clinical challenges of musculoskeletal cancers and complex conditions. The company’s products are rooted in unmatched expertise in patient imaging analysis, personalized surgical planning, and the latest advancements in 3D printing, enabling healthcare professionals to reduce complexity and address the clinical challenges associated with tumor surgery. | $26,500,000 | 6/16/2022 | 1315 Capital(Adele Oliva), 3D Systems (NYS: DDD), Canaan Partners(Stephen Bloch), SV Health Investors | Later Stage VC |
Vinci Pharmaceuticals | www.vincipharmaceuticals.com | Avon By The Sea | Life Sciences | Provider of the pre-clinical stage of developing treatments intended to prevent blindness of people suffering from intermediate-stage diseases of the retina. The company provides a proprietary platform with an implant technology delivering drugs to target tissues in the retina for positive, enabling patients to focus in ophthalmology on intermediate-stage therapeutics for retinal diseases that are safe, durable and minimally invasive. | $4,600,000 | 6/16/2022 | Undisclosed | Seed Round |
Cinematic Health Education | www.cinematichealtheducation.com | Green Brook | Finance & Professional Services | Provider of digital training intended for allied health training programs. The company offers nursing assistant and home health aide content its training program offers a variety of cloud-based training curricula adaptable to certification requirements in all American states, enabling healthcare staff to improve resident care and home health agencies to effectively train and retain qualified staff with ease. | $4,100,000 | 6/22/2022 | Juvo Ventures(Sean Brown), Rethink Capital Partners(Richard Segal) | Early Stage VC |
LPPFusion | www.lppfusion.com | Middlesex | Advanced Manufacturing | Provider of research and development services intended to work on Focus Fusion technology. The company specializes in developing non-radioactive nuclear fusion generators, energy sources based on aneutronic fuels and dense plasma focus devices, and also developing economical non-destructive inspection of the nation’s critical infrastructure, providing clients with environmentally safe, clean, cheap, and unlimited energy. | $30,000 | 6/23/2022 | Undisclosed | Equity Crowdfunding |
Peak( Business/Productivity Software) | www.peak.watch | Holmdel | Information Technology | Developer of API software designed to improve the safety of children on the internet. The company’s software detects minors in images, videos, and audio using artificial intelligence, facial feature analysis, frame simulation, and vocal interpretation, enabling companies and individuals to identify underage users, prevent fraud, and eliminate child pornography from their sites at an affordable price. | $25,000 | 6/24/2022 | Expert DOJO(Jonathan Hung) | Seed Round |
Audea.io | www.audea.io | Sayreville | Information Technology | Developer of an online platform designed to discover audio ideas. The company’s platform centralizes audio and uses search-based recommendations to deliver relevant audio content to consumers, providing creators with real-time information and autonomy over their audiences | $50,000 | 6/27/2022 | Undisclosed | Equity Crowdfunding |
PennyWorks | www.pennyworks.com | Hoboken | Finance & Professional Services | Developer of decentralized finance platform intended to provide a one-stop-shop for individuals and businesses to earn yields powered by digital asset lending. The company’s platform is a high-yield, Defi-based investing platform that revolutionizes traditional financial products through reliable digital asset strategies, enabling investors to earn more than traditional financial products without the risk typically associated with cryptocurrencies. | $2,000,000 | 6/28/2022 | Haitou Global(Jerry Wang), Leo Mizuhara(Leo Mizuhara), Putra Manggala(Putra Manggala), Zachary Harl(Zachary Harl) | Seed Round |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Forbes | www.forbes.com | Jersey City | Film & Digital Media | Provider of media and publication services intended to inspire entrepreneurial transformation and success. The company offers news and information about businesses, investing, technology, entrepreneurship, leadership and affluent lifestyles through its publication, magazine and website, enabling people to get the latest news and information easily. | $200,000,000 | 6/1/2022 | N/A | Reverse Merger |
RankSense | www.ranksense.com | East Brunswick | Information Technology | Operator of an SEO platform intended for e-commerce sites. The company’s platform helps in increasing the site’s organic traffic and revenue by getting a lot more pages optimized while automating the process and saving time for the customers. | Undisclosed | 6/1/2022 | seoClarity | Merger/Acquisition |
CTIP First Investmentolab | www.ctip-fii.com | Garfield | Finance & Professional Services | Provider of project development and financing services catering to both public and private projects. The company principally engages in the business of project financing, focused on the development of government infrastructure, thereby helping clients to bring the right financial engineering to project owners and creditors to fund construction finance and permanent mortgage. | Undisclosed | 6/2/2022 | Zicix | Merger/Acquisition |
OpenLocker | www.openlocker.io | Red Bank | Information Technology | Operator of an NFT platform intended to build athletes’ digital currency and create a new era of college NIL. The company offers additional opportunities for athletes to increase their name, image and likeness earning potential with other collectibles physical and digital, strategic partnerships, community building and rewards for fans. | $5,000,000 | 6/6/2022 | Descrypto Holdings | Merger/Acquisition |
United Pharma Technologies | www.unitedpharmatechnologies.com | South Plainfield | Finance & Professional Services | Provider of consulting and validation services catering to the pharmaceutical, biotechnology and medical device industries. The company offers pharmus, pharmacovigilance, clinical data management, application development and professional services thereby enabling job opportunities for its clients. | Undisclosed | 6/6/2022 | Pharma Quality Europe | Merger/Acquisition |
Celsius Network | https://celsius.network | Hoboken | Information Technology | Developer of an online financial platform designed to facilitate secure digital trading of assets. The company’s platform democratizes interest income and the lending platform provides access to curated financial services to its members that are not available through traditional financial institutions while offering interest on the deposits in the company’s digital wallet, enabling businesses to have access to a new way to earn, borrow, and pay on the blockchain. | Undisclosed | 6/13/2022 | N/A | Merger/Acquisition |
Edenbridge Pharmaceuticals | www.edenbridgepharma.com | Parsippany | Life Sciences | Operator of specialty generic pharmaceutical company based in Parsippany, New Jersey. The company is focused on identifying, developing and marketing prescription pharmaceutical products such as Methenamine Mandelate tablets, opium tincture, Stavudine for oral solution, Zidovudine capsules and Zidovudine syrup to create a broad portfolio of limited source branded and generic drugs, thereby offering affordable and accessible alternatives in the healthcare market. | $45,000,000 | 6/15/2022 | Dexcel Pharma | Merger/Acquisition |
Dorot Gardens | www.dorotgardens.com | Bayonne | Food & Beverage (non retail) | Producer of frozen vegetable and seasoning products based out of Israel. The company’s products include frozen seasoning products such as crushed garlic and ginger, thereby enabling its customers to be offered with enhanced packaged products which maintain their taste and nutritive value. | $22,590,000 | 6/16/2022 | Diplomat Holdings | Merger/Acquisition |
KB Ingredients | kbingredients.com | Budd Lake | Advanced Manufacturing | Manufacturer of food ingredients intended to serve the baking and confectionery industries. The company produces raw materials for baked goods and snack foods as well as its packaging products, enabling clients to have custom blending and packing for food ingredients and ingredient assembly for finished products. | Undisclosed | 6/16/2022 | EUROGERM USA | Merger/Acquisition |
QPhoton | www.qphoton.com | Kearny | Information Technology | Developer of quantum nanophotonic technology and systems intended to transform critical industry areas, including finance, cybersecurity, healthcare, and the environment. The company offers patented nanophotonic and quantum technology, covering quantum sensing, imaging, information privacy, authentication, data analytics, and quantum photonic computing. | Undisclosed | 6/16/2022 | Quantum Computing | Merger/Acquisition |
Buzz My Property | www.buzzmyproperty.com | Mount Laurel | Finance & Professional Services | Provider of aerial photography and videography services catering to private and commercial clients. The company utilizes drones to capture photos of realty, colleges, commercial property, landscapers and construction sites, thereby providing clients with before and after images of a project. | Undisclosed | 6/28/2022 | Influential Drones | Merger/Acquisition |
BlockFi | www.blockfi.com | Jersey City | Information Technology | Developer of a wealth management platform designed to seamlessly manage crypto assets and maximize earning potential. The company’s platform provides wealth management products such as USD loans backed by crypto, crypto interest-earning accounts, crypto trading, crypto-back credit cards, and other similar products, enabling clients to ease out bitcoin trading and secure digital payments in the cloud while mitigating risks associated with financial lending. | Undisclosed | 6/29/2022 | N/A | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Character Biosciences | www.characterbio.com | Jersey City | Life Sciences | Provider of drug-related research with a focus on developing medicines for adults. The company plans to improve its understanding of human disease biology by partnering with an engaged community of research participants and leading researchers from all sectors, enabling medicinal research to develop with respect to age-related diseases. | $18,000,000 | 5/1/2022 | Casdin Capital, Clover Health (NAS: CLOV)(Vivek Garipalli), Industry Ventures, Innovation Endeavors(Joel Dudley), KdT Ventures, Lifeforce Capital, Section 32 | Early Stage VC |
Impact Business Information Solutions | www.ibisworks.com | Princeton | Life Sciences | Developer of medical image data management system designed for healthcare and life sciences industries. The company’s platform is AI integrated Search fabric for cross-ology data review, and edge computing-based integration with external third parties for process and workflow automation, enabling healthcare workers to streamline business processes, improve data quality and reduce costs, and increase overall performance substantially. | Undisclosed | 5/1/2022 | National Institutes of Health | Accelerator/Incubator |
Spellbound | www.spellbound.io | North Brunswick | Information Technology | Developer of a software platform designed for Increasing email conversions by embedding interactive user experiences. The company’s platform provides interactive widgets for marketing emails to make them more interactive, allowing users to design their mail by adding unique attachments and integrating their marketing emails for more effective results. | Undisclosed | 5/1/2022 | Base Case Capital, GoodFriends, Neo | Early Stage VC |
Vitalief | www.vitalief.com | New Brunswick | Life Sciences | Provider of clinical trial solutions intended to remove resource management barriers for clinical research teams. The company’s platform helps in recruiting and retaining talent across the clinical research industry, enabling clients in planning and execute successful clinical trials. | $2,750,000 | 5/2/2022 | Tech Council Ventures | Early Stage VC |
Outerspace | www.outerspace.com | Carlstadt | Advanced Transportation and Logistics | Operator and provider of warehouses and logistics services intended to cater to the needs of the high-growth brands. The company’s services include warehousing, packing, and shipping as well as providing office suites and same-day or next-day delivery services from the warehouses, enabling businesses to enhance their customers’ experiences and improve their revenues. | $30,000,000 | 5/4/2022 | Prysm Capital(Jay Park) | Early Stage VC |
Handspring (Health) | www.handspringhealth.com | Jersey City | Life Sciences | Provider of mental healthcare services intended to create a world where children’s mental health is cared for as much as their physical health is. The company provides video sessions, skill-based exercises, parent education, medication management, therapy advice, and much more, thereby helping the children to receive timely and appropriate therapy, driven by a personalized care plan, and learning the lifelong tools that will empower growth. | $6,200,000 | 5/9/2022 | 25madison, Arkitekt Ventures, Newark Venture Partners(Joanne Lin), NextView Ventures(Rob Go), Quantum Angels, VamosVentures | Seed Round |
Startupy | www.startupy.world | Middletown | Information Technology | Developer of a database intended to provide information about companies and investments. The company provides analysis and insight of companies, enabling clients to have their information in a human-indexed search engine. | $1,300,000 | 5/10/2022 | Undisclosed | Seed Round |
Row House | rowhouse.pages.ontraport.net | New Egypt | Film and Digital Media | Operator of a disruptive publishing company intended to offer a new model to publish non-fiction books. The company offers books in the spaces of wellness, social justice, health, psychology, memoir, fertility, LGBTQIA+, and other genres, enabling customers to honor and read books by marginalized peoples. | $8,200,000 | 5/11/2022 | Seed at the Table | Equity Crowdfunding |
Princeton NuEnergy | www.pnecycle.com | Bordentown | Clean Energy | Provider of lithium-ion battery recycling services intended to perform diagnostics of second-life batteries. The company regenerates cathodes, anodes, electrolytes, solvents, and other lithium-ion battery materials with a novel and clean process, helping clients with restoring cathode and anode materials without completely breaking down the chemical compounds. | $7,000,000 | 5/12/2022 | AI Basis, Cleantech Open Northeast, Greenland Technologies Holding (NAS: GTEC), Shell Ventures, Wistron (TAI: 3231), WorldQuant Ventures | Seed Round |
Culina Health | www.culinahealth.com | Hoboken | Information Technology | Developer of a personalized nutrition platform designed to offer an expert resolution for diet guiding and health tips. The company’s platform is powered by registered dietitians and offers insurance-covered nutrition care, enabling users to transform their health and live a balanced life and help people to make real changes in their health habits. | $4,750,000 | 5/13/2022 | Alpine Meridian, Arkitekt Ventures, Brooklyn Bridge Ventures, Graham & Walker Venture Fund, Healthworx, Knightsgate Ventures, Redo Ventures, Rethink Capital Partners, Tensility Venture Partners | Seed Round |
OpenBots | www.openbots.ai | Edison | Information Technology | Developer of open source automation software designed to assist users to spend less time coding. The company’s software offers to host, orchestrate, and schedule multiple process automation, enabling users to record, replay, and create scripted automation. | $15,000,000 | 5/13/2022 | Private Investors | Early Stage VC |
Solidia Technologies | www.solidiatech.com | Piscataway Township | Advanced Materials | Developer of cement and concrete technology processes offering patented green solutions designed to develop sustainable and green technologies. The company’s technology incorporates artificial intelligence into concrete production which allows a reduction in wastage, improvement in quality control, and system optimization, helping clients to minimalize their carbon emissions and reduce carbon footprint. | $2,100,000 | 5/23/2022 | U.S. Department of Energy | Grant |
Semperis | www.semperis.com | Hoboken | Information Technology | Developer of cyber resilience and threat mitigation platform designed to ensure integrity and availability of critical enterprise directory services in the cyber kill chain. The company’s patented technology protects many identities from cyberattacks, data breaches, and operational errors, enabling organizations to spot directory vulnerabilities, intercept cyberattacks in progress, quickly recover from ransomware and more, enabling companies to make the right decisions without putting themselves at risk of severe operational disruption and loss of revenue. | $208,310,000 | 5/24/2022 | Atrium Health, Insight Partners(Teddie Wardi), Kohlberg Kravis Roberts (NYS: KKR)(Ben Pederson), Paladin Capital Group, Tech Pioneers Fund, Ten Eleven Ventures(Alex Doll) | Later Stage VC |
Acuitive Technologies | www.acuitivetech.com | Allendale | Life Sciences | Manufacturer of surgical medical devices intended to advance the art and science of orthopedic surgery. The company develops material technologies in combination with unique device designs that more effectively address the clinical problems facing current orthopedic devices, providing customers with safe and effective devices through material advancements, unique designs, and cost-conscious manufacturing. | $3,820,000 | 5/26/2022 | Undisclosed | Later Stage VC |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
AtlantiCare | https://www.atlanticare.org/services/laboratory-services/ | Cape May | Life Sciences | Provider of diagnostic clinical laboratory services based out of New Jersey, United States. | Undisclosed | 5/9/2022 | Labcorp | Merger/Acquisition |
Synchronoss Technologies | https://synchronosstechnologiesinc.gcs-web.com | Bridgewater | Information Technology | Operator of a digital experience and activation solutions platform based out of Bridgewater, New Jersey. The company’s platform let telecom operators and retailers around the globe to create, orchestrate and manage digital experiences across all channels, enabling clients to avail low-code approach and create, integrate and publish customer journeys and experiences through simple drag-and-drop configurations. | $14,000,000 | 5/12/2022 | iqMetrix | Merger/Acquisition |
Partnered | www.partnered.com | Hoboken | Information Technology | Developer of a shared customer relationship management platform designed to help in collaboration. The company’s platform promotes team collaboration on sales deals, thus helping enterprise B2B companies find the prospect and customer overlap of their partnerships, and get insights and intelligence on how each partnership is influencing their sales pipeline. | Undisclosed | 5/18/2022 | Crossbeam | Merger/Acquisition |
Antares Pharma | www.antarespharma.com | Ewing | Life Sciences | Antares Pharma Inc is a specialty pharmaceutical company. It is focused on the development and commercialization of self-administered parenteral pharmaceutical products and technologies. The company’s products include OTREXUP, Elestrin, Gelnique, Makena, and others. | $960,000,000 | 5/24/2022 | Halozyme | Merger/Acquisition |
American Express Global Business Travel (NYS: GBTG) | www.amexglobalbusinesstravel.com | Jersey City | Information Technology | Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, It provides a global service solution, automated booking, diverse options, system integration, and specialized traveller care. The company also offers an Expert Auditor Expert Care and Business Travel App. | $5,300,000,000 | 5/27/2022 | Apollo Strategic Growth Capital | Reverse Merger |
Ortho-Clinical Diagnostics | www.orthoclinicaldiagnostics.com | Raritan | Life Sciences | Ortho Clinical Diagnostics Holdings PLC offers in vitro diagnostics solutions and services. It provides diagnostic testing solutions to the clinical laboratory and transfusion medicine communities. The company operates through three geographic segments such as Americas, EMEA, Greater China, and Other. Americas segment generates most of the revenue for the firm. | $6,000,000,000 | 5/27/2022 | Quidel | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
SubUAS | https://thenaviator.com/ | Hillsborough | Advanced Transportation and Logistics | Developer of unmanned aerial and underwater vehicles designed to be used in air and water applications. The company’s vehicles can operate in rough weather and underwater current conditions and can carry a suite of sensors custom to each mission, enabling clients to conduct inspection, reconnaissance and payload delivery missions quickly with reduced costs. | Undisclosed | 4/1/2022 | National Science Foundation, Office of Naval Research (ONR), United States Department of Defense | Accelerator/Incubator |
Thinkster Math | https://hellothinkster.com/ | Kendall Park | Information Technology | Developer of an educational technology platform designed to teach mathematics to students through online video classes. The company’s platform allows sharing and review of handwritten work, automatic grading, video tutorials, fun sessions tailored to every child’s unique learning needs with adaptive analytics and provides personal attention from a dedicated tutor to students, enabling students to learn mathematics in an engaging manner. | Undisclosed | 4/1/2022 | Aarin Capital Partners, BITS Spark, Innospark Ventures, Jefferson Education Accelerator, John Katzman, Rezon8 Capital & Advisory Group, Sand Hill Angels, SoundBoard Venture Fund, Syven Capital, Thompson Capital | Late Stage VC |
Pyros | https://pyrospharma.com/ | Parsippany | Life Sciences | Developer of pharmaceutical products designed to offer high-quality, proprietary, and off-patent pharmaceuticals. The company’s products include solid oral capsules, sterile injectable syringes, and alternative dosage form ANDAs, developed through scientific innovations and research, enabling pharmaceutical companies to provide affordable and accessible alternatives to high-cost off-patent pharmaceutical products. | $450,000 | 4/4/2022 | Undisclosed | Seed |
MGI Verified | https://app.mgiverified.com/#/login | Englewood Cliffs | Information Technology | Developer of a research platform intended to digitally transform the B2B customer reference process. The company’s platform offers to record structured and thorough customer reference interview videos that are then uploaded, indexed and shared via the app, provides access to the interview digital content and meta-data analytics are accessible via a rule-based system that speeds up the sales process for suppliers, vendors have easy access to a curated library of reference videos they can immediately share with buyers at any time in the sales process, eliminates scheduling delays and reference fatigue and also provides vendors with insightful usage analytics and quality scoring, accelerates product evaluation and sourcing, buyers have the convenience of on-demand access to thorough and confidential customer interviews that they can view repeatedly and share within their organization and allows reference customers can avoid the lost time and burnout from repeated reference calls and retain control of who can view their interview recording, thereby helping vendors, buyers, and reference customers with all struggle with the friction, delays, lost time, and burnout associated with the traditional outdated process. | $190,000 | 4/6/2022 | Undisclosed | Seed |
Audea.io | https://audea.io/ | Sayreville | Information Technology | Developer of an online platform designed to discover audio ideas. The company’s platform centralizes audio and uses search-based recommendations to deliver relevant audio content to consumers, providing creators with real-time information and autonomy over their audiences | $45,000 | 4/7/2022 | Wefunder | Seed |
Orthobond | https://orthobond.com/ | Monmouth Junction | Life Sciences | Developer of antimicrobial surface treatments designed to offer broad applications in the medical device industry. The company’s antimicrobial nanosurfaces reduce microbial contamination of medical-grade surfaces by killing a wide range of microorganisms that are commonly found at the site of infected medical devices, enabling healthcare providers to reduce the chance and risk of infection via microbial contamination. | Undisclosed | 4/11/2022 | Stephen Kosslyn | Grant |
Integra Network Solutions | https://www.integra-ns.com/ | Parsippany | Information Technology | Provider of cellular services intended to offer cellular and public safety wireless Solutions. The company provides services to design, build and manage cellular and public safety wireless networks for enterprises, providing venues, owners, and occupants with excellent value and satisfaction through expertise, process, partnerships, and software. | $970,000 | 4/13/2022 | Undisclosed | Early Stage VC |
Zomo.Fit | https://pages.zomo.fit/ | Jersey City | Information Technology | Developer of a mobile application designed to provide curated fitness videos by professionals. The company’s software allows live workouts with a video conferencing room with on-screen timers and rep count, enabling users to create high-quality workout videos using smartphones. | $1,070,000 | 4/18/2022 | Wefunder | Equity Crowdfunding |
Mighty Monkey | https://www.mightymonkeybakery.com/ | Wood-Ridge | Food & beverage non-retail | Producer of gluten-free cookies intended to offer consumers healthy snacking options. The company’s products include handcrafted cookies which are made using locally-sourced higher quality ingredients, enabling consumers to taste delicious, clean-label, premium quality allergen-free cookie products. | $5,000,000 | 4/23/2022 | Republic | Equity Crowdfunding |
Portable Diagnostic Systems | https://www.portabledx.com/ | Robbinsville | Life Sciences | Developer of a drug testing platform designed for a variety of clinical applications. The company’s platform provides law enforcement with accurate drug screening data from a small sample of saliva that is quick and easy to collect on the roadside by using salivary diagnostics, antibody engineering, and micro-fluidics, enabling police departments to obtain accurate results and reduce the number of false positives. | Undisclosed | 4/25/2022 | National Institute on Drug Abuse (NIDA), National Science Foundation Innovation Corps Program, Nextfab, SOSV | Seed |
Navikenz | https://www.navikenz.com/ | Princeton | Information Technology | Operator of an Artificial Intelligence-focused IT Services company intended to help transform businesses through purpose-driven adoption of digital technologies. The company specializes in business transformation, values, aspirations and goal setting, organization structure alignment, investment advisory, change management, process engineering, and other related services, enabling enterprises to discover and implement Artificial Intelligence enabled solutions to improve business processes and supplant ‘human effort with human intuition. | $4,030,000 | 4/26/2022 | PR Chandrasekar, Sudip Nandy | Angel |
Fabalish | https://www.fabalish.com/ | Wallington | Food & beverage non-retail | Producer of plant-based and allergen-friendly foods intended to allow individuals to live healthier lives that are balanced with nature. The company offers baked falafels, sauces, and dips that use chickpeas and chickpea water instead of conventional ingredients, thereby enabling customers to procure healthy and organic food options. | $404,727 | 4/30/2022 | 37 Angels, Astralabs, Kern Venture Group, Lacebark Investments | Equity Crowdfunding |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Casper Pharma | www.casperpharma.com | East Brunswick | Life Sciences | Operator of specialty pharmaceutical company intended to focus on improving patients’ lives. The company develops, acquires and commercializes pharmaceuticals that fulfill medical needs for the cardiovascular, gastrointestinal, urological, pain management and ophthalmic markets, enabling its clients to avail a number of therapeutic services. | $20,500,000 | 4/5/2022 | Suven Pharma (BOM: 543064)(Venkateswarlu Jasti) | Merger/Acquisition |
Readorium | www.readorium.com | Teaneck | Information Technology | Developer of a web-based educational software intending to teach students reading comprehension skills through scientific text. The company teaches specific reading strategies through original articles and books supported by multimedia elements, including images, videos, music, and games, in order to create a multimodal learning environment that automatically adapts to students’ reading levels. | Undisclosed | 4/6/2022 | Beable(Saki Dodelson) | Merger/Acquisition |
Verisk (Financial Services Business Unit) | https://www.versick.com | Jersey City | Finance & Professional Services | Provider of financial services based in Jersey City, New Jersey. The business unit offers competitive portfolio performance insights, benchmarking, decision algorithms and business intelligence, customized analytic services to leading financial institutions, payments providers, alternative lenders, regulators and retailers. | $498,300,000 | 4/8/2022 | TransUnion (NYS: TRU)(Christopher Cartwright) | Merger/Acquisition |
Scientific Design Company | www.scidesign.com | Little Ferry | Advanced Manufacturing | Developer of chemical process technology intended to deliver EO based solutions. The company’s services include development and licensing of proprietary processes for the production of ethylene oxide and glycol (EO/EG), ethylene oxide derivatives, polyols and maleic anhydride, enabling the clients to accelerate business excellence by helping them to operate more efficiently, safely and profitably. | $130,000,000 | 4/14/2022 | SABIC (SAU: 2010) | Merger/Acquisition |
Double N Advisors | www.doublenadvisors.com | Old Bridge Township | Finance & Professional Services | Provider of management consulting services intended to serve financial services companies. The company’s services include project management, strategic business planning, operational due diligence, cash and collateral management, capital development and counterparty credit risk management, enabling customers to get quality consulting experience. | Undisclosed | 4/18/2022 | Convergence (Media and Information Services)(John Phinney) | Merger/Acquisition |
Data Center Frontier | https://datacenterfrontier.com/ | Lawrenceville | Life Sciences | Provider of full-service contract development and manufacturing services intended to accelerate the advancement of cell and gene therapies. The company offers cell and gene therapy clinical production and process development, support to development of cell and gene therapies, along with support for augmenting in-house process development capacities and gain access to facilities to bring projects from pre-clinical to human trials without risking capital investment or hiring additional employees. | $73,000,000 | 4/19/2022 | GC Pharma (KRX: 005250)(Yong Jun Huh) | Merger/Acquisition |
Elusys | www.elusys.com | Parsippany | Life Sciences | Developer of antibody therapeutics designed to treat infectious life-threatening infectious diseases. The company’s therapeutics treat anthrax exposure following a natural or intentional release of anthrax spores and also treat biodefense, cancer, lupus nephritis, infectious diseases, and thrombosis, enabling patients to prevent inhaled anthrax. | Undisclosed | 4/20/2022 | Heat Biologics (ASE: HTBX) | Merger/Acquisition |
Caladrius Biosciences (NAS: CLBS) | www.caladrius.com | Basking Ridge | Life Sciences | Caladrius Biosciences Inc is a clinical-stage biopharmaceutical company dedicated to the development of treatments and reversal of severe diseases. The company is developing first-in-class therapeutics based on the characteristics of naturally occurring CD34+ cells and their ability to stimulate the growth of new microvasculature. Its current product candidates include XOWNA, HONEDRA and CLBS201. | Undisclosed | 4/27/2022 | Cend Therapeutics(David Slack) | Merger/Acquisition |
Euprotein | www.euprotein.com | North Brunswick | Life Sciences | Provider of custom development and production services intended to offer bioresearch reagents. The company focus on human and other mammalian proteins and recombinant monoclonal antibodies, enabling healthcare providers to avail recombinant monoclonal antibodies. | Undisclosed | 4/30/2022 | Meridian Life Science | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Financing Size | Announced Date | Active Investors | Funding Round | |
BACCH Labs | http://www.bacch.com/ | Princeton | Information Technology | Developer of a 3D audio technology designed to bring immersive sound capabilities to devices like cell phones. The company’s audio technology yields spatial realism in loudspeakers-based audio playback via the built-in stereo speakers or headphones attached to consumer electronics devices, providing partners and licensees with breakthrough solutions and powerful hardware and software tools. | Undisclosed | 3/1/2022 | Emergent Growth Fund, Princeton Alumni Angels | 5th Round |
Creatd | https://creatd.com/ | Fort Lee | Information Technology | Creatd is an IT company that provides technologies that solve problems for the creative community. | $2,500,000 | 3/1/2022 | Mr. Jeremy Frommer and other undisclosed investors | Post-IPO Equity |
HealthEC | http://www.healthec.com/ | Edison | Life Sciences | Developer of a medical data management platform intended to aggregate clinical, claims and community-based information. The company’s services focus on integrating data from EHRs, laboratory systems, payers’ claim submissions, HIEs and data warehouses to improve patient outcomes, identifying provider-specific patterns and guide patient care interventions, enabling clients to manage costs through its actionable insights that can improve outcomes across multiple dimensions. | Undisclosed | 3/1/2022 | HLM Venture Partners, LabCorp Ventures | 3rd Round |
LitCharts | http://www.litcharts.com/ | Madison | Information Technology | Developer of an application intended to provide guidance on literature study designed to cater to students. The company’s application offers a literary resource, with hundreds of literature guides, literary terms, and modern English translations of every Shakespeare play, enabling students to learn and grasp easily. | Undisclosed | 3/1/2022 | Corazon Capital | 1st Round |
Majors Challenge | http://www.majorschallenge.com/ | Chester | Information Technology | Developer of golf pools league platform designed to give complete control over running customer’s fantasy golf pool the way they want. The company’s platform offers to create a league, choose the players, follow the action and view the winners, enabling gamers to focus on picking the winning team. | $381,250 | 3/1/2022 | Undisclosed | Seed |
OmniActive Health Technologies | http://omniactives.com/ | Morristown | Food & beverage non-retail | OmniActive was born from Kancor Ingredients, an ingredient supplier rooted in the food and flavoring industry | Undisclosed | 3/1/2022 | IIFL Asset Management | Venture – Series Unknown |
OpenLegacy | http://www.openlegacy.com/ | Princeton | Information Technology | Developer of an enterprise API integration platform designed to launch innovative digital services by extending digital core systems to the web. The company’s platform aids organizations launch digital innovations by automating and standardizing the process of creating digital services using microservices-based APIs, enabling clients to render digital services fast, reducing a significant amount of their cost, bypassing existing ESB middleware. | Undisclosed | 3/1/2022 | Cathay Innovation; CommerzVentures; Elron Ventures | 7th Round |
Regenosine | http://www.regenosine.com/ | Jersey City | Life Sciences | Developer of therapies designed to help in tissue regeneration. The company’s therapies use a purinergic system that regulates and maintains tissue homeostasis and restores adenosine levels, enabling users to harness the healing potential of adenosine for tissue regeneration. | Undisclosed | 3/1/2022 | Martin Cronstein | Seed |
Hudson Technologies | http://www.hudsontech.com | Woodcliff Lake | Information Technology | Hudson Technologies is a provider of innovative and sustainable solutions for optimizing performance and enhancing reliability. | $85,000,000 | 3/2/2022 | The TCW Group | Post-IPO Debt |
1Huddle | http://www.1huddle.co/ | Newark | Information Technology | Developer of a game-based workforce training platform designed to onboard, upskill and develop employees. The company’s platform converts boring training material into competitive games that are proven to improve employee engagement and performance, enabling businesses to carry out sales and service training and education programs for their employees in a fun and interactive way. | $2,000,000 | 3/3/2022 | 500 Global, Humbition, Newark Venture Partners, NRD Capital, Silicon Valley Bank, Tribeca Venture Partners | Series A3 |
ArrePath | http://www.arrepath.com/ | Princeton | Life Sciences | Developer of a drug discovery platform designed to develop antimicrobial resistance therapies. The company’s platform helps to create new medicines that modulate several targets in the disease pathway, which potentially improves efficacy and minimizes risk in the discovery and development process, enabling healthcare professionals to treat chronic ailments and reduce recovery time. | $20,000,000 | 3/3/2022 | Insight Partners; Boehringer Ingelheim Venture Fund; Innospark Ventures | Seed |
ESSEX Coatings | http://essexcoatings.com | Avenel | Advanced Manufacturing | ESSEX Coatings specializes in finishing panels and floors. | $9,762,615 | 3/3/2022 | True West Capital Partners, ConnectOne Bank | 1st Round |
Vascular Therapies | http://www.vasculartx.com/ | Cresskill | Life Sciences | Developer of a biotech firm designed to address major unmet clinical needs of patients requiring an AV fistula for dialysis. The company’s therapies are used to offer biodegradable collagen implants to treat the problem of vascular anastomosis failure, enabling physicians to improve the outcomes of an Arteriovenous Fistula (AFV) and improve patients’ lives. | $27,710,000 | 3/4/2022 | CNF Investments; The Spring Bay Companies; The Gerrald Dorros and Myra S. Dorros Recovable Trust | 7th Round |
XFROST | http://www.xfrost.com/ | Columbus | Food & beverage non-retail | Producer of protein ice cream intended to make healthy foods accessible and affordable. The company’s ice cream is low-fat, protein-enriched, combines monk fruit with its customized ratio of all-natural fruit sugars that gives the sweetness of cane sugar without added calories and aftertaste, thereby enabling customers to eat delicious ice cream by balancing nutrition and taste. | Undisclosed | 3/4/2022 | Legendary Ventures, Sand Hill East | 2nd Round |
4M Therapeutics | http://www.4mtx.net/ | Skillman | Life Sciences | Operator of biotech company intended to develop a pipeline of small molecules by studying their effects on brain cells derived from induced pluripotent stem cells. The company’s drug target fundamental pathways that enhance plasticity, support neurogenesis, and reduce inflammation in patients suffering from neuropsychiatric disorders and neurodegenerative diseases, improving the lives of patients suffering from neuropsychiatric disorders and neurodegenerative diseases | $1,400,000 | 3/8/2022 | Undisclosed | Seed |
Audience Town | http://www.audiencetown.com | Newark | Information Technology | The data and advertising platform for the new home journey. | $6,100,000 | 3/9/2022 | AperiamVentures (formerly MathCapital), Wasatch Ventures | Seed |
DriveMind | http://www.drivemind.com/ | Sparta | Autonomous vehicles | Developer of autonomous delivery vehicles designed to provide efficiency and cost reduction in the last-mile package delivery industry. The company’s vehicles are developed to reduce carbon emissions and do not require any human occupants, enabling clients to dramatically reduce the costs of package delivery fleets. | $156,870 | 3/9/2022 | Undisclosed | Equity Crowdfunding |
Vascarta | https://www.vascarta.com | Summit | Life Sciences | Developer of drug development platform designed to facilitate inflammation space. The company is currently operating in Stealth mode. | $75,000 | 3/11/2022 | Undisclosed | Angel |
Agile Therapeutics | http://www.agiletherapeutics.com | Princeton | Life Sciences | Agile Therapeutics is pharmaceutical company developing contraceptive healthcare products for women. | $4,850,000 | 3/14/2022 | Undisclosed | Post-IPO Equity |
CaptureFast | https://capturefast.com/ | Union | Information Technology | CaptureFast is a Cloud and AI Based Document and Data Capture Application. | Undisclosed | 3/14/2022 | Escort Teknoloji Yatırım | Seed |
CollX | http://www.collx.app/ | Haddonfield | Information Technology | Developer of financial application designed to scan any sports card, instantly identify it, and determine the market value. The company specializes in technology that determines the worth of a product, enabling collectors to add cards to their collection, follow other collectors, and buy/sell/trade through a marketplace. | $3,000,000 | 3/14/2022 | Ben Franklin Technology Partner of Southeastern Pennsylvania | Seed |
Conveyer | http://www.conveyer.com/ | Hackensack | Information Technology | Developer of a document virtualization platform designed to transform document manuals into adx manuals. The company’s platform first analyzes documents for structure, content, ideas, then extract ideas and convert them into records, later records are formatted for readability, linked for accessibility, indexed for discoverability, and connected to other services, enabling users to make reference information easier to find, see and navigate. | $14,000,000 | 3/14/2022 | 32 Ventures, HearstLab, Hobbs & Towne | 3rd Round |
Doceree | http://www.doceree.com/ | Parsippany | Information Technology | Developer of self-serve marketing exchange platform designed for branded advertising to healthcare professionals (HCPs). The company’s platform uses AI, data segmentation, and analytics to identify the target HCP out of similar looking and similar sounding profiles, whether on a physician networking site, a medical journal, telemedicine platform, or even social networking sites, enabling healthcare industry professionals to ensure that there are no repetitions of HCP profile, no doubling of effort and hence, the facilitation of precision targeting. | $10,250,000 | 3/14/2022 | Harsh Gupta Family Office; Kumar Gaurav; Rahul Gupta | Series A |
Karlsgate | http://www.karlsgate.com/ | Budd Lake | Information Technology | Developer of a data collaboration software designed to maintain custody of data without revealing the identities of data subjects. The company’s platform matches data anonymously on the fly using patent-pending crypto identity technology and deterministic cascading match algorithms, enabling brands, agencies and data providers to share consumer insights with strong identity protection. | $4,980,000 | 3/15/2022 | M12, Motley Fool Ventures | Seed |
PMC Group | http://www.pmc-group.com/ | Mount Laurel | Advanced Manufacturing | PMC Group is an owner and operator of a diversified, global chemicals and plastics company created to provide innovative solutions to everyday needs in a broad range of end markets. The company’s range of products includes accelerators, amides, antioxidants and antiozonants, defoamers, fatty acids, fatty amides and bisamides, flame retardant additives and compounds, glycerin, glycerol esters and other solutions, enabling clients from plastics, consumer products, electronics, paints, packaging, personal care, food, automotive and pharmaceuticals sectors to receive reliable and specialty products for various applications. | $278,310,000 | 3/15/2022 | Undisclosed | 3rd Round |
Tevogen Bio | http://www.tevogen.com/ | Warren | Life Sciences | Operator of a biotech company intended to provide curative and preventative treatments to positively impact global public health. The company is developing T cell immunotherapies in virology, oncology, and neurology, by utilizing patented precision T cell platform technology and its current intellectual property portfolio includes several breakthrough cell and gene therapy platforms, enabling the healthcare industry to offer curative and preventive treatments. | Undisclosed | 3/15/2022 | HMP Partners | Series B |
Aptatek Biosciences | http://www.aptatek.com/ | Princeton | Life Sciences | Developer of an aptamer-based biosensing platform designed to develop technologies for portable disease management devices. The company’s platform uses proprietary aptamer design strategies and patented sequences to create the opportunity for novel tests and new test strategies that enables blood tests in real-time and also permit for the immediate adjustment of diet to ensure phenylalanine levels remain within clinical target ranges, enabling healthcare providers to improve patient compliance, wellness and overall quality of life. | $4,000,000 | 3/16/2022 | Canterbury Scientific Limited, IP Group North America, National PKU Alliance | Seed |
MARS (Financial Software) | http://www.on-mars.io/ | Alpine | Information Technology | Developer of a stock market platform intended to help music fans invest in their favorite artists. The company’s platform provides an alternative trading platform by issuing securities of music artists to a network of investors of the music industry in order to facilitate artist connections, enabling investors to easily invest in different artists via online applications. | $1,730,000 | 3/16/2022 | Undisclosed | Seed |
Redeemer Health | https://www.redeemerhealth.org/ | Trenton | Life Sciences | Redeemer Health provides maternity, cancer, heart, orthopedics & sports medicine, home care, residential and pediatric urgent care services. | $2,000,000 | 3/16/2022 | Redevelopment Assistance Capital Program (RACP) | |
Exovolar | http://www.exovolar.com/ | Union City | Information Technology | Developer of robotics and jet propulsion technology designed to achieve hands-free human flight. The company offers a patented thrust vector system that allows for the development of personal jet-powered exoskeletons that can be adapted for all levels of sky-exploring ranging from civilian entertainment to military special operations, enabling customers to experience the sky. | $56,348 | 3/17/2022 | Undisclosed | Equity Crowdfunding |
KayoThera | http://www.kayothera.com/ | Princeton | Life Sciences | Developer of immune and targeted therapies designed to cure late-stage and metastatic cancers. The company’s therapies work on inhibiting a key enzyme that is responsible for protecting the cancer cells and depleting regulatory T-cells, enabling medical practitioners to improve the efficacy of chemotherapy and immunotherapy against advanced cancers. | $8,000,000 | 3/17/2022 | 7G Bioventures, Accelerator Life Science Partners, BioAdvance, Foundation Venture Capital Group | Series A |
DataBiologics | http://www.databiologics.com/ | Cedar Knolls | Information Technology | Developer of an orthobiologic data collection platform intended for collecting patient-reported outcomes. The company’s platform uses proprietary automation to collect valuable patient data and present real-time reports to make that data useful, enabling doctors and physicians to study the safety and efficacy of orthobiologic treatments and make more informed decisions. | $95,000 | 3/21/2022 | Undisclosed | Seed |
BioAegis Therapeutics | http://www.bioaegistherapeutics.com/ | North Brunswick | Life Sciences | Operator of a clinical-stage drug development platform intended to facilitate the treatment of inflammation and infectious diseases. The company’s platform specializes in the research and development of drugs to restore plasma gelsolin – innate immunity that provides an immunotherapeutic approach to fighting pathogens, enabling hospitals to begin treatment and result in a high likelihood of successful treatment. | $22,000,000 | 3/22/2022 | European Investment Fund, National Institute Of Allergy and Infectious Diseases | 6th Round |
Buckle (Automotive Insurance) | http://www.buckleup.com/ | Jersey City | Finance & Professional Services | Provider of automotive insurance solutions intended to offer rideshare drivers financial assistance. The company’s platform is created using cloud-based underwriting technology to provide insurance according to the need of the users, enabling ridesharers and consumers to obtain insurance at an effective cost with a simplification in-process and innovative engagement with drivers. | $15,000,000 | 3/22/2022 | Assurant Ventures, Eldridge (Greenwich), Eos Venture Partners, Hudson Structured Capital Management, Seven Hound Ventures, Volery Capital Partners | Venture Debt |
CaraVan Biologix | https://caravanbio.com/ | Andover | Life Sciences | CaraVan Biologix is a biotechnology company that focuses on expanding the life-saving benefits of CAR-T cell therapeutics. | $1,718,840 | 3/22/2022 | Undisclosed | Seed |
CloudFrame | http://www.cloudframe.com/ | Princeton | Information Technology | Developer of a legacy mainframe application platform designed to provide cloud-native Java without undue risk to mission-critical data and processes. The company’s platform provides modernized legacy mainframe technologies and converts COBOL to modular Java using an open-source framework allowing Java developers to carry the business logic forward and easily maintain, enabling clients to reduce mainframe costs, integrate new technologies into their business applications, and migrate to the cloud. | $6,990,000 | 3/22/2022 | Henry Kravis; Eldridge (Greenwich); New York Angels; FinTech Innovation Lab | Series A |
Saphyre | https://www.saphyre.com/ | Hoboken | Information Technology | Saphyre is a pre-trade onboarding platform for exchange data and documents between asset managers, brokers and 3rd party administrators. | $18,700,000 | 3/22/2022 | BNP Paribas, HCAP Partners, JP Morgan | Series A |
ADMA Biologics | https://www.admabiologics.com/ | Ramsey | Life Sciences | ADMA Biologics develops plasma-based biologics for the treatment and prevention of certain infectious diseases. | $150,000,000 | 3/24/2022 | Hayfin Capital Management | Post-IPO Debt |
InquisitHealth | http://www.inquisithealth.com/ | River Edge | Life Sciences | Provider of a peer-to-peer mentoring service intended to provide guidance through structured programs and improve patient outcomes. The company offers personalized goal-based mentoring programs, peer mentors with the tools to mentor patients one-on-one, and also integrates technology with existing care systems, enabling peer mentors to educate patients to overcome chronic diseases and live healthier lives. | $1,150,000 | 3/25/2022 | Solve Accelerator; Huson River Capital Partners; Dreamit Ventures; NJEDA | Series A |
Phathom Pharmaceuticals | http://www.phathompharma.com/ | Florham Park | Life Sciences | Phathom Pharmaceuticals Inc operates as a clinical-stage biopharmaceutical company. The firm is focused on developing and commercializing novel treatments for gastrointestinal, or GI, diseases. Its product comprises vonoprazan, an oral small molecule potassium competitive acid blocker medicine that blocks acid secretion in the stomach. Vonoprazan shows rapid, potent, and durable anti-secretory effects and has demonstrated clinical benefits in the treatment of gastroesophageal reflux disease, and in combination with antibiotics for the treatment of Helicobacter pylori infection. | $241,000 | 3/27/2022 | Catalys Pacific, NovaQuest Capital Management, UBS Asset Mgmt Americas | PIPE |
Elucida Oncology | http://www.elucidaoncology.com/ | Monmouth Junction | Life Sciences | Developer of therapeutics designed to target cancer with precision engineering technology. The company’s platform produces novel therapeutics that clear rapidly and efficiently from the body, reducing the potential for off-target toxicities and resulting in an improved safety profile for patients, helping physicians in precise tumor targeting, deep tumor penetration, and better tumor-killing efficacy. | $22,280,000 | 3/28/2022 | Jeff Eslin | 3rd Round |
Glimpse (Media and Information Services) | http://www.tryglimpse.com/ | Monroe Township | Information Technology | Operator of a business-to-business marketplace intended to change the way people discover products. The company’s marketplace provides brands with an alternative to retail so they can let customers experience their products in person, enabling online brands to launch distributed showrooms. | $6,200,000 | 3/29/2022 | Bangaly Kaba; Bradley Horowitz; Julia Hartz; Kevin Hartz; GSR Ventures | Seed |
AmSpec | http://www.amspecgroup.com/ | East Windsor | Finance & Professional Services | Provider of petrochemical and petroleum laboratory and inspection services throughout the United States, Caribbean, Latin America and around the world. The company offers testing, inspection and certification services through clear and well-documented systems, proper training, high qualifications of employees and continuous improvements to overall operations, enabling clients in agri-business, oil, gas and petrochemical industries to review, improve and maintain the quality and efficiency of all operational and standardization protocols. | $32,100,000 | 3/30/2022 | Olympus Partners | 9th Round |
Cross River | http://crossriver.com/ | Fort Lee | Finance & Professional Services | Cross River is a financial institution that offers technology and banking services to consumers and businesses. | $620,000,000 | 3/30/2022 | Andreessen Horowitz; Eldridge; Shefa Capital; CreditEase Fintech Investment Fund; Kohlberg Kravis Roberts | Series D |
WorkWave | http://www.workwave.com/ | Holmdel | Information Technology | Developer of cloud-based field service and fleet management software intended to help organizations transform their business. The company offers a range of services including marketing automation, lead generation, GPS tracking and monitoring, lead acquisition, intelligent route planning and disaster recovery, enabling field service and last-mile transportation companies to increase their revenue and profit. | $10,000,000,000 | 3/30/2022 | EQT, Serent Capital, TA Associates Management | Private Equity |
Cambrex | http://www.cambrex.com/ | East Rutherford | Life Sciences | Provider of drug substance, drug product and analytical services intended to serve the pharmaceutical industry. The company primarily supplies drug substance technologies and capabilities including biocatalysis, continuous flow, controlled substances, solid-state science, material characterization and highly potent application programming interfaces with addition to conventional dosage forms including oral solids, semi-solids and liquids and manufacture specialist dosage forms such as modified-release, fixed-dose combination, pediatric, bi-layer tablets, stick packs, topicals, controlled substances, sterile and non-sterile ointments, enabling pharma companies to accelerate the small molecule therapeutics. | $2,490,000 | 3/31/2022 | Permira | 2nd Round |
Innophos Holdings | http://www.innophos.com/ | East Windsor | Food & beverage non-retail | Producer of phosphate and non-phosphate ingredients intended for the food, health, nutrition and industrial end markets. The company specializes in blending and formulating phosphate, mineral, enzyme and botanical-based ingredients, helping clients to offer products that are tasty, healthy, nutritious and economical. | $175,000,000 | 3/31/2022 | Farol Asset Management, One Rock Capital Partners | 2nd Round |
Logistics For Hire | http://www.logisticsforhire.com/ | Mountainside | Advanced Transportation and Logistics | Developer of distribution management software designed to provide inventory management services. The company’s software helps to build eCommerce businesses, helps to expand business with shipping, new channel, and sales optimization support and services, enabling businesses to handle their B2C and B2B offerings. | $3,000,000 | 3/31/2022 | Undisclosed | Seed |
TruckPay | http://truckpay.com/ | Tenafly | Information Technology | Developer of earthmoving & material supply platform designed to serve construction companies, subcontractors, and truck drivers. The company platform eliminates paper tickets from the earthmoving industry and provides total transparency and accountability, enabling drivers, subcontractors, and construction companies to quickly automate their job sites. | $2,520,000 | 3/31/2022 | Undisclosed | Seed |
Zelis Healthcare | http://www.zelis.com/ | Bedminster | Information Technology | Developer of healthcare information technology platform designed for end-to-end healthcare claims cost management and payments services. The company’s technology tool offers network management, claims integrity and electronic payments, serving healthcare payer clients, healthcare providers and healthcare consumers in the medical, dental and workers’ compensation markets nationwide. | $3,990,000 | 3/31/2022 | Bain Capital Ventures | 8th Round |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
JEEN | http://jeen.com/ | Fairfield | Advanced Manufacturing | Manufacturer of naturally-derived specialty ingredients and blends intended for the personal care, cosmetics and pharmaceutical markets. The company develops a diverse range of specialized active ingredients, including botanical extracts, preservatives, sensory modifiers, texturing agents and other sustainable solutions, enabling clients to have plant-derived actives and eco-friendly manufacturing solutions. | Undisclosed | 3/1/2022 | Vantage Specialty Chemical | LBO |
Amici Clinical Research | http://www.amicicr.com/ | Raritan | Life Sciences | Operator of a clinical research center dedicated to enhance longevity and quality of life through clinical research investigating. The company’s filed of research includes endocrinology, dermatology and vaccine studies patient-centric approach, enabling medical practitioners to provide effective treatment. | Undisclosed | 3/2/2022 | IMA Clinical Research | Merger/Acquisition |
Microlab | http://www.microlabtech.com/ | Parsippany | Advanced Manufacturing | Manufacturer of radio frequency components developed for broadband applications in infrastructure, military and aerospace markets. The company offers passive components including power splitters, GPS signal repeaters, safety monitors for real-time in-building DAS system diagnostics, directional couplers and related customized integrated solutions, thereby helping companies in enhancing the performance of their wireless services. | $24,250,000 | 3/2/2022 | RF Industries | Merger/Acquisition |
TAC Technical Instrument | http://www.tactictest.com/ | Trenton | Information Technology | Provider of process control equipment designed for the material needed to inspect, including round or flat material of varying sizes. The company specializes in testing, consulting and training services and offers receipt and final inspection, cutting, trimming and deburring, material identification and special packaging and shipping, thereby enabling its customers to avail the service to elevate the line of work. | Undisclosed | 3/3/2022 | Magnetic Analysis Corporation | Merger/Acquisition |
CouponFollow | http://couponfollow.com | Madison | Information Technology | CouponFollow is a social-media based coupon code search engine and directory. | Undisclosed | 3/4/2022 | System1 | Merger/Acquisition |
Data Center Frontier | https://datacenterfrontier.com/ | Lawrenceville | Information Technology | Data Center Frontier depicts the future of data centers and cloud computing. | Undisclosed | 3/4/2022 | Endeavor Business Media | Merger/Acquisition |
Diopsys | http://www.diopsys.com/ | Pine Brook | Life Sciences | Producer of visual electrophysiology and non-invasive diagnostic vision testing systems designed to provide vision disorder detection and vision testing services. The company’s vision testing systems are designed to provide ophthalmologists and optometrists with objectives and functional information about the vision system, enabling users in the early detection of vision disorders thereby enhancing patient management through ERG and VEP vision testing. | Undisclosed | 3/5/2022 | LumiThera | Merger/Acquisition |
Format Solutions | http://www.formatsolutions.com/ | Florham Park | Information Technology | Developer of feed formulation software intended to serve feed mills and animal producers. The company’s software allows feed balancing for optimal nutrition, mill management, ingredient analysis and recipe optimization backed by data analytics along with support services, thereby helping clients reduce costs and achieving predictability in animal performance. | $36,000,000 | 3/7/2022 | Datacor | Merger/Acquisition |
Bakpax | http://www.bakpax.com/ | Milford | Information Technology | Developer of an education management platform intended to read handwriting and grade assignments. The company’s platform reads handwriting assignments and converts the questions and answers into formatted, interactive text, enabling teachers to save the time and trouble of grading, stay on top of student performance and empower students with constant feedback. | Undisclosed | 3/8/2022 | Teachers Pay Teachers | Merger/Acquisition |
JobProgress | http://www.jobprogress.com/ | Middlesex | Information Technology | Developer of workflow and CRM software intended for home contractors. The company’s product suite offers project management, scheduling and employee management tools to both exterior and interior residential contractors and allows them to intuitively track, monitor and measure their progress, thereby enabling them to control, organize and manage their business from anywhere, at any time. | Undisclosed | 3/10/2022 | Leap | LBO |
MediaAgility | http://www.mediaagility.com/ | Princeton | Finance & Professional Services | Provider of digital consultancy services focused on implementing Google cloud services. The company offers advisory services for products including Google Cloud, G Suite, data analytics, big data, machine learning, cloud engineering, migrations, and managed services, thereby helping enterprise clients across the globe build scalable cloud-based infrastructure and enhance business agility for real customer impact. | $71,710,000 | 3/14/2022 | Persistent Systems | Merger/Acquisition |
Total Bank Solutions | http://www.totalbanksolutions.com/ | Hackensack | Finance & Professional Services | Provider of financial technology and banking services intended to to serve the needs of banks and wealth management organizations. The company offers a lending and collateral monitoring platform, the benefit of extended FDIC insurance, helps conduct surveillance, risk assessment and investment research of all FDIC-insured institutions and gives access to a stable, diversified and cost-effective source of deposit funding, thereby leveraging technology for solving banking challenges. | Undisclosed | 3/21/2022 | Reich & Tang Deposit Networks | LBO |
Novelty Cone | http://www.noveltycone.com/ | Pennsauken | Food & Beverage (non retail) | Provider of food products intended to provide waffles and cones based in Pennsauken, New Jersey. | Undisclosed | 3/23/2022 | Joy Cone Compan | Merger/Acquisition |
Lucid Technologies & Solutions | http://www.lucidtechsol.com/ | Hoboken | Information Technology | Operator of a tech company intended to provide handcraft solutions in data governance, data protection and data analytics. The company specializes in enterprise information management implementations across data integration, MDM, data quality and business intelligence, enabling enterprises to meet business objectives and address typical data-related challenges by adopting different strategies. | Undisclosed | 3/26/2022 | Expleo Group | Merger/Acquisition |
SumRidge Partners | http://www.sumridge.com/ | Jersey City | Finance & Professional Services | Provider of investment-grade corporate bonds and financial services focused on relatively inefficient odd lot markets. The company specializes in high yield corporate bonds, municipal bonds, institutional preferred securities and emerging market bonds, facilitating flow trading and ensuring instantaneous execution. | Undisclosed | 3/28/2022 | Raymond James Financial | Merger/Acquisition |
Ace IT Solutions | http://www.aceits.net/ | Elmwood Park | Information Technology | Provider of information technology (IT) network consulting services to small and mid-size companies across various industries. The company offers managed services, network optimization, disaster recovery and business continuity planning, cybersecurity, business consulting and others, enabling businesses to use technology as a competitive advantage, maximize productivity, improve network performance, control operational costs and improve risk management and security. | Undisclosed | 3/31/2022 | Omega Systems Consultants | Buyout/LBO |
D’Artagnan Foods | http://www.dartagnan.com/ | Union | Food & Beverage (non retail) | Distributor of meat products intended for retailers and end consumers. The company specializes in distributing organic, antibiotic and hormone-free meats, organic poultry, game, foie gras, mushrooms and truffles, offering fresh and sustainable products. | Undisclosed | 3/31/2022 | Fortune Fish & Gourmet Company | Buyout/LBO |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Astrix Technology Group | http://www.astrixinc.com/ | Red Bank | Finance & Professional Services | Provider of informatics consulting, professional services and outsourced services to the scientific community in the public and private sector. The company has expertise in laboratory informatics strategic planning, vendor selection, development, implementation, integration, managed services and scientific staffing. | Undisclosed | 2/1/2022 | Quad-C Management | 2nd Round |
Bluewave | http://www.bluewave.net/ | Parsippany | Information Technology | Operator of purchase and manage technology platform intended to help companies purchase and manage technology. The company offers businesses a simple way to purchase cloud, network, and communications solutions that help grow revenue, reduce costs or improve efficiency, enabling companies to run efficiently and securely utilizing the best technology available while keeping you well ahead of the competition. | $75,000,000 | 2/1/2022 | Columbia Capital | Growth |
DataGenie | https://datagenie.ai | Princeton | Information Technology | DataGenie is a RoboAnalyst that autonomously generates important stories from vast data, enabling faster & bolder decisions for businesses | $450,000 | 2/1/2022 | GoAhead Ventures | Pre-Seed |
PromptEMR | http://www.promptemr.com/ | Hackensack | Information Technology | Developer of physical therapy software intended to offer patient management service. The company offers scheduling, documentation, billing, home exercise programs, patient engagement, and online scheduling, thereby helping medical professionals to handle their clinic’s operations. | Undisclosed | 2/1/2022 | SSC Venture Partners | 1st Round |
Spectronn | http://www.spectronn.com/ | Holmdel | Information Technology | Developer of Artificial Intelligence and software-defined Wireless Networking products designed to permit the convergence of cognitive mobile networking and edge computing. The company’s technology is used for connected trains and onboard WiFi, resilient public safety communications, low-latency wireless video streaming and video management, AI-based video analytics, high capacity backhaul for dense WiFi applications such as public events, and Department of Defense applications, enabling clients to close the loop between cognitive computing and cognitive networking and access to a smart, high speed, wireless access system. | Undisclosed | 2/1/2022 | National Institute of Standards and Technology, National Science Foundation Innovation Corps Program, United States Department of Defense, US Department of Homeland Security | N/A |
Nutra-Med Packaging | https://nutra-med.com | Whippany | Advanced Manufacturing | Nutra-Med Packaging specializes in supply chain management and contracts packaging services for pharmaceutical and healthcare products. | Undisclosed | 2/4/2022 | GenNx360 Capital Partners | 1st Round |
Nuvectis Pharma | http://www.nuvectis.com/ | Fort Lee | Life Sciences | Nuvectis Pharma Inc is a biopharmaceutical company. The company is engaged in the development of innovative precision medicines for the treatment of serious conditions of unmet medical needs in oncology. Its pipeline products include NXP800, NXP900. | $16,000,000 | 2/4/2022 | Undisclosed | IPO |
Enalare Therapeutics | http://www.enalare.com/ | Princeton | Life Sciences | Operator of a clinical-stage biopharmaceutical company designed to provide therapies for patients suffering from acute respiratory conditions. The company’s biopharmaceutical platform provides pharmaceutical preparations and medical information for the treatment of opioid addiction, opioid overdose and opioid dependence, it also comes up with agnostic therapeutic breathing stimulants, enabling patients to get treatment for the life-threatening disease of acute respiratory depression. | $1,030,000 | 2/7/2022 | Biomedical Advanced Research and Development Authority (BARDA), Eagle Pharmaceuticals, National Institute on Drug Abuse (NIDA) | 2nd Round |
Calamu Technologies | https://www.calamu.com/ | Clinton | Information Technology | Calamu patented solution allows critical digital assets to be stored in the cloud with complete security. | $16,500,000 | 2/9/2022 | Dell Technologies Capital, Insight Partners | Series A |
SageSure | https://www.sagesure.com/ | Jersey City | Finance & Professional Services | SageSure is a managing general underwriter specializing in coastal residential and commercial property markets. | $375,000,000 | 2/9/2022 | Ares Management | VC Debt |
Advaxis | http://www.advaxis.com | Princeton | Life Sciences | Advaxis is a developer of multiple cancer immunotherapies based on its proprietary platform that redirects the immune system to kill cancer. | $4,750,000 | 2/10/2022 |
| Post-IPO Equity |
Own The Room | http://www.owntheroom.com/ | Montclair | Information Technology | Provider of development training services intended to empower everyone to make an impact and perform at their highest potential. The company’s services include interactive and innovative learning programs that empower leaders at all levels from seasoned executives to junior employees, enabling individuals to get real-life knowledge and skills. | $6,730,000 | 2/10/2022 | Undisclosed | Seed |
PONS | https://www.ponstech.co/ | Jersey City | Life Sciences | The anywhere ultrasound, is a new generation AI-based, mobile ultrasound solution for remote medical imaging | $5,000,000 | 2/11/2022 | SOSV | Seed Round |
Scout (Educational and Training Services (B2C)) | http://www.scoutftw.com/ | Jersey City | Information Technology | Developer of a financial literacy platform designed to help people take control of their finances. The company’s platform offers credit report services and provides masterclasses on investing, entrepreneurship, personal finance, and budgeting from successful entrepreneurs and celebrity coaches, enabling users to get guidance on how to manage their finances from industry experts. | $1,000,000 | 2/11/2022 | Chingona Ventures, Reach Capital | 2nd Round |
Stark (Software Development Applications) | http://www.getstark.co/ | Princeton | Information Technology | Developer of an integrated suite of tools designed to make software products more accessible and compliant to the users. The company’s tools design accessible products by optimizing workflows through intelligent automation, enabling users to improve production efficiency by a significant reduction in cost and time to compliance. | $8,010,000 | 2/11/2022 | Insight Partners; Dell Technologies Capital | Seed |
Berlitz | http://www.berlitz.com/ | Princeton | Information Technology | Provider of language learning and cultural training programs intended to engage in process of practice and presentation. The company offers a range of language and culture courses through various programs that include language instruction, assessment and testing services, business communication skills training, global leadership and individual instruction through different online options such as private group, on-demand sessions, thereby making language more accessible to all including adults, kids and teens and businesses. | $40,000,000 | 2/14/2022 | Undisclosed | Buyout |
Digital Prime Technologies | http://www.digitalprimetechnologies.com/ | Jersey City | Finance & Professional Services | Developer of prime brokerage technology designed to serve financial institutions. The company product suite allows traditional Wall Street firms, as well as other clients, to enter the digital asset space with a robust and fully customizable prime services suite suited to their business and compliance needs, enabling clients quickly and easily deploy a full suite of prime brokerage solutions. | $325,000 | 2/14/2022 | Aves Lair, Cowen & Company | 5th Round |
Teclison | http://www.teclison.com/ | Montclair | Life Sciences | Developer of therapeutic drugs intended to treat cancer and other diseases with strong unmet medical needs. The company specializes in liver-directed therapy that kills liver metastatic lesions as much as possible for maximal debulking or reducing tumor volume and induces necrosis in liver metastatic lesions, enabling oncologists to treat cancer patients and reprieve them of pain. | $5,900,000 | 2/14/2022 | Nestor Capital, W.T.T. Investment | 1st Round |
Hoy Health | http://www.hoyhealth.com/ | Morristown | Information Technology | Developer of a proprietary platform designed for the healthcare industry. The company’s software offers medication access programs, chronic condition management programs, telemedicine, remote patient monitoring along with consumer health literacy and health coaching, enabling patients to get access to bilingual-speaking healthcare professionals to receive quality medical care. | $3,000,000 | 2/16/2022 | DaGrosa Capital Parnters; Tampa Bay Wave; 3 Rios Ltd. | PE Growth |
Systems Innovation Engineering | https://siecompany.com/ | Mullica Hill | Finance & Professional Services | Systems Innovation Engineering provides defense suppliers with solutions that transform the efficiency of product development. | Undisclosed | 2/16/2022 | Trive Capital Holdings | 1st Round |
Central Analysis Bureau | http://www.cabadvantage.com/ | Brick | Finance & Professional Services | Provider of risk assessment and data services intended for the transportation insurance industry. The company utilizes a complex system for rating, tracking and analyzing motor carrier’s financial and safety strength, enabling insurance carriers and agents to make better, more informed decisions. | $6,840,000 | 2/19/2022 | Undisclosed | 3rd Round |
Piñata | http://www.pinata.ai/ | Newark | Information Technology | Developer of a property management platform designed to manage rent payments with ease. The company’s platform offers reward points to the renters on paying the rent on time, giving tenants a way to save money, earn rewards, and be motivated to pay timely rent, enabling landlords to collect rent online, manage maintenance requests, track expenses and retain their tenants. | $13,000,000 | 2/21/2022 | Moderne Ventures, Wilshire Lane Capital | Series A |
Alloy (Business/Productivity Software) | http://www.runalloy.com/ | Newark | Information Technology | Developer of a no-code automation platform designed to help businesses reclaim time and focus on growth. The company’s platform connects and integrates sales, marketing, customer support, and messaging applications and then creates automated workflows without code to execute complex workflows quickly, enabling companies to save money and time used in manual work and also increase efficiency. | $20,650,000 | 2/22/2022 | Andreesen Horowitz; Kin Ventures | Series A |
Arcensus | https://arcensus-diagnostics.com/ | Hoboken | Life Sciences | Arcensus is a digital healthcare and diagnostics company. | Undisclosed | 2/22/2022 | Mittelständische Beteiligungsgesellschaft Mecklenburg-Vorpommern | Seed |
GiftCrowd | http://www.giftcrowd.com/ | Tenafly | Information Technology | Developer of an online platform designed to make the process of gifting others intuitive and painless. The company’s platform helps to collect contributions from friends, neighbors, or co-workers and also offers school parent associations a unique solution to collect gifts for the whole school staff such as for the holidays and the end of the school year, enabling users to acquire a hassle-free and straightforward process of group gifting. | $11,356 | 2/22/2022 | Astralabs, Real Life Innovations | Equity Crowdfunding |
Plum Life | http://www.helloplum.com/ | Berkeley Heights | Information Technology | Developer of digital selling platform for agents and advisors designed to digitize the process of selling life insurance from quoting to application and to issue. The company’s platform offers broad coverage options, highly competitive compensation, accelerated underwriting, and transparent case management, enabling customers to make informed and confident choices. | $7,750,000 | 2/22/2022 | ManchesterStory, MTech Capital, Sonostar Ventures | Seed |
Banyan | http://www.banyan.com/ | Holmdel | Information Technology | Developer of interchange platform designed to help retailers eliminate receipts and better understand their customers. The company’s platform allows merchants to provide customers with SKU-level transaction details in their financial apps, along with personalized messaging, and financial institutions to increase financial app engagement by enhancing transactions with SKU-level detail from merchants, thereby enabling clients to deliver personalized and memorable experiences that increase engagement and grow revenue. | $34,000,000 | 2/23/2022 | Fin Capital; M13; Motivate Venture Capital; Sertainty | Series A |
Antenna (Chatham) | http://www.antenna.live/ | Chatham | Information Technology | Developer of an analytical platform designed to provide information for subscription businesses. The company’s platform uses data around customer transactions to provide insights into a service’s growth, churn rates and retention, enabling subscription-based firms with measurement and analytics along with helping them build direct, long-term relationships with customers. | $10,150,000 | 2/24/2022 | Waverley Capital; Bertelsmann Digital Media Investments; Raine Ventures; Matthew Ball | 2nd Round |
Impulse Dynamics | http://www.impulse-dynamics.com/ | Marlton | Life Sciences | Developer of a cardiac contractility modulation technology designed to treat chronic heart failure problems. The company’s technology delivers non-excitatory electric pulses to the heart muscles with the potential of enhancing cardiac strength, initiating multiple biochemical and neurohormonal changes to the myocardium, enabling doctors to reduce the risk of heart attacks and maintain cardiac health. | $31,000,000 | 2/24/2022 | Alger; Squarepoint Capital LLC; Abiomed, Inc.;Kennedy Lewis Investment Management LLC; | Later Stage VC |
Volante Technologies | http://www.volantetech.com/ | Jersey City | Information Technology | Volante helps clients integrate and manage the diverse and complex data message formats and protocols for firms in the financial industry. | Undisclosed | 2/24/2022 | BNY Mellon, Poste Italiane S.p.A. | Venture – Series Unknown |
ArDrive | http://www.ardrive.io/ | Clifton | Information Technology | Developer of a data solutions application designed to store valuable files. The company’s platform offers true data ownership, decentralized network, data permanence, record keeping and archive web, enabling clients to store users’ data for eternity. | $17,200,000 | 2/26/2022 | Digital Renaissance Foundation | Seed |
Helix Wireless | https://helixwireless.co | Monmouth Junction | Information Technology | Helix is a B2B and IoT MVNO delivering a global cellular connectivity to consumers and businesses of all sizes. Helix Wireless connects people, businesses, and things with each other by providing intelligent and repeatable solutions using Smart SIM technology and strategic partnerships. | Undisclosed | 2/28/2022 | Ray Padron | Seed |
SkyeBrowse | http://www.skyebrowse.com/ | Cranbury | Information Technology | Developer of a live 3D mapping software designed to investigate car accidents by offering live aerial data and 3D models. The company’s software offers autonomous drone solutions to live stream and make less than 1cm accuracy 3D models of car crashes in under 5 minutes for public safety and emergency response agencies, enabling police and first responders to protect lives and decrease the traffic globally. | $2,300,000 | 2/28/2022 | James Isilay; Johann Beishline; Nicholas Osgood; Brinc (Private Equity); Artesian Capital Management | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Wharfedale Technologies | http://www.wftcloud.com/ | Lawrenceville | Information Technology | Provider of technology management solutions intended to help customers move their ERP landscapes to the cloud. The company’s services include cloud infrastructure management, managed cloud services, SAP hosting, regulatory compliance and legacy hosting as well as AWS amazon web services, thereby enabling cost-effective, optimization, and adaptability within the SAP cloud ecosystem and application/database environments across established and emerging technology organizations. | Undisclosed | 2/1/2022 | Lemongrass | Merger/Acquisition |
Propeller Communications | http://www.propellercommunicates.com/ | Summit | Finance & Professional Services | Provider of digital marketing and communications services intended to serve the healthcare industry. The company offers marketing strategies to businesses for product launches, internal campaigns, external campaigns of existing products as well as sales representative education and professional education to healthcare companies. | Undisclosed | 2/2/2022 | Omnicom Health Group | Merger/Acquisition |
Aurex Laboratories | http://www.aurexlabs.com/ | East Windsor | Life Sciences | Developer and manufacturer of clinical supplies, tablets and soft gelatin capsules intended to serve the healthcare industries. The company offers cold, cough, allergy, analgesic and digestive pharmaceutical products. | Undisclosed | 2/3/2022 | APNAR Pharma | Merger/Acquisition |
NCS Technologies | http://www.ncstech.com/ | Piscataway | Financial & Professional Services | Provider of customer touchpoint solutions focused on increasing revenues, reducing costs and improving customer retention. The company offers digital transformation, customer experience, system integration, software development and robotic process automation solutions to enterprises, thereby helping corporations to develop their IT architectures, improve the performance of direct and indirect customer touchpoints. | Undisclosed | 2/3/2022 | Qentelli | Merger/Acquisition |
Medical Marketing Solutions Group | http://www.mmsg.us/ | Clinton | Finance & Professional Services | Operator of medical education company intended for healthcare companies, medical conferences, societies and professionals. The company provides and manages a range of strategic and operational support services including action planning, unrivaled KOL engagement, novel operational management and creative scientific content development, enabling the clients to gain maximum value for all activities. | Undisclosed | 2/7/2022 | Red Nucleus Solutions | LBO |
Crypto Systems | http://www.crypto-systems.com/ | Jersey City | Information Technology | Operator of a cryptocurrency company intended to enhance access to digital assets for institutional clients. The company offers a range of services, based upon intelligent trading and pricing algorithms, manages execution services, consulting solutions on risk factors, pricing and trading, thereby enabling its customers to avail the solution for tailored solutions for trading digital assets. | Undisclosed | 2/7/2022 | DriveWealth | Merger/Acquisition |
Automatic Plastics | http://www.automaticplastics.com/ | Voorhees | Advanced Manufacturing | Operator of the injection moulding firm intended for medical device, pharmaceutical and food companies. The company offers consultancy, design, sourcing tooling and manufacturing parts. | Undisclosed | 2/8/2022 | Comar | Buyout/LBO |
Data Glove | http://www.persistent.com | Princeton | Information Technology | Data Glove is a leading player in transformative consulting services and business solutions | $90,500,000 | 2/9/2022 | Persistent Systems | Merger/Acquisition |
Acsis | http://www.acsisinc.com/ | Marlton | Information Technology | Developer of cloud-based software designed to offer brand protection, enterprise serialization, and end-to-end supply chain visibility. The company’s software uses actionable analytics for real-time visibility into products, assets, transactions, and resources throughout the ecosystem and offers an application platform to model the transactions and workflows of an entire ecosystem from raw goods supply to retail distribution, enabling global manufacturers to have actionable analytics and real-time visibility across their supply network. | $12,000,000 | 2/14/2022 | Antares Vision | Merger/Acquisition |
Switchboard | http://www.switchboard.media/ | Princeton | Information Technology | Developer of an advertisement network management platform designed to deliver advertisements easily across OOH networks. The company’s platform helps in proposal generation, contracts and invoicing, inventory management as well as content tracking and scheduling, enabling companies to connect with customers and clients easily and effectively in a digitalized manner. | Undisclosed | 2/15/2022 | Billups | Merger/Acquisition |
Livingston Inventory Services | http://www.livingstoninventoryservices.com/ | Oceanport | Finance & Professional Services | Provider of supply chain management services catering to medical organizations. The company offers inventory reduction and consolidation services, supply chain improvement, custom reports and warehouse and consignment inventory counting among others, enabling medical organizations to accurately manage and value their inventories. | Undisclosed | 2/15/2022 | Z5 Inventory | Merger/Acquisition |
Software Synergy | http://www.ssi-corp.com/ | Manalapan | Information Technology | Provider of a software product and automation tools for communications infrastructure of service providers, MSOs, enterprise and government. The company provides automated, network-wide routing and optimization solutions for the planning and management of CSP networks, thereby helping companies with savings, operational efficiency improvements and consistently high customer satisfaction. | Undisclosed | 2/15/2022 | TEOCO | Merger/Acquisition |
Tramac | http://www.tramac.com/ | Landing | Advanced Manufacturing | Manufacturer of demolition and processing machinery for construction, crushed stone and mining industries. The company offers stationary rock breaker boom systems, montabert rock breakers, rock drills and excavator attachments as well as recycling and silent demolition equipment. | Undisclosed | 2/15/2022 | Montabert | Merger/Acquisition |
Analytical Wizards | http://www.analyticalwizards.com/ | Edison | Information Technology | Developer of a business analytics platform designed to empower healthcare decision-makers by unlocking actionable insights from data assets. The company’s artificial intelligence (AI) and machine learning (ML) based platform offers innovative cloud-based analytics solutions, scalable big-data analytics infrastructure and business analytics consulting services to pharmaceutical and biotech industries, enabling clients to transform and accelerate their business performance. | $65,000,000 | 2/18/2022 | Definitive Healthcare | Merger/Acquisition |
MixComm | http://www.mixcomm.com/ | Chatham | Information Technology | Developer of fabless semiconductors intended to be used in the development of different wireless applications. The company uses RFSOI process technology for millimeter-wave products that deliver revolutionary levels of performance and integration for 5G infrastructure and satellite communication, providing clients with application-specific semiconductors that can be used in various electronic components. | $135,000,000 | 2/22/2022 | Sivers Semiconductors | Merger/Acquisition |
Volante Technologies | http://www.volantetech.com/ | Jersey City | Information Technology | Provider of cloud payments and financial messaging software intended to accelerate digital transformation and modernization. The company’s platform offers financial message automation and end-to-end payments processing services, helping clients address the challenges in the financial message and data integration in order to simplify complex systems and processes in payments and capital markets. | Undisclosed | 2/24/2022 | Poste Italiane; Visa Ventures; BNY Mellon; Wavecrest Growth Partners | Development Capital |
EnBW North America | http://www.enbw.us/ | Jersey City | Clean Energy | Operator of a clean energy company intended to face unique energy challenges. The company focuses on delivering clean energy solutions that will help individuals, businesses and governments achieve shared climate goals to improve public health and economic opportunity, enabling customers to avail a sustainable energy future. | Undisclosed | 2/28/2022 | TotalEnergies | Merger/Acquisition |
Nexsight | Randolph | Information Technology | Manufacture of measuring and controlling device based in Randolph, United States. The company engages in the design and creations of sewer crawlers, inspection and monitoring systems, and software applications that allow teams to identify, anticipate and correct wastewater system issues remotely. | $120,000,000 | 2/28/2022 | IDEX | Merger/Acquisition |
Investments
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Active Investors | Funding Round |
Venarum Medical | http://www.venarummedical.com/ | Eatontown | Life Sciences | Operator of a medical device company intended to address large unmet clinical needs. The company offers a prosthetic venous valve and a urinary incontinence device, both of which are catheter-delivered implants, enabling patients to restore the ability to retain urine and void at the appropriate urinary bladder. | Undisclosed | 1/1/2022 | National Science Foundation; U.S. Department of Health and Human Services | Accelerator/Incubator |
StationMD | http://www.stationmd.com/ | Scotch Plains | Life Sciences | Developer of a telemedicine platform designed to deliver superior care to the most vulnerable populations. The company’s platform combines telemedicine technology with a secure video-conferencing system, augmented by sophisticated diagnostic tools, is combined with clinical expertise to evaluate and treat patients in their home environment-whether that is a nursing facility, group home, or any residential setting, enabling patients with accessible and cost-effective treatments. | $3,380,000 | 1/4/2022 | Martin Ventures; Rittenhouse Ventures | Later Stage VC (2nd Round) |
USClaims | http://www.usclaims.com/ | Moorestown | Finance & Professional Services | Operator of a pre-settlement financing firm intended to provide financial assistance during lawsuits. The company offers financial services to personal injury victims of auto accidents, workplace and construction accidents, premises liability and medical malpractice, providing victims and their attorneys with much-needed liquidity to fight for a fair settlement. | $50,000,000 | 1/5/2022 | Further Global Capital Management | Debt (general) |
Marlabs Inc | http://www.marlabs.com | Piscataway | Information Technology | Marlabs Inc is a Gartner & Forrester recommended Digital Transformation company for Salesforce, AI, Cyber Security and Automation solutions | Undisclosed | 1/6/2022 | BV Investment Partners | Private Equity Round |
Celsion | http://celsion.com | Lawrenceville | Life Sciences | Celsion is a biopharmaceutical company which develops innovative, targeted therapies that address unmet medical needs in oncology. | $30,000,000 | 1/10/2022 | Undisclosed | Post-IPO Equity |
Caregility | http://www.caregility.com/ | Eatontown | Life Sciences | Developer of clinical collaboration platform designed for secure audio and video communication between healthcare professionals and patients. The company’s virtual tool provides secure, reliable and HIPAA compliant talk designed for any device and clinical workflow, in both acute and ambulatory settings, enabling doctors to have remote clinician access with patients in any location from anywhere. | $25,000,000 | 1/11/2022 | Star Mountain Capital | PE Growth/Expansion |
Transverse Insurance Group | https://www.transverseinsurance.com/ | Warren | Finance & Professional Services | Provider of risk management and program underwriting services intended to retain risk and provide underwriting, compliance, actuarial and claims assistance. The company’s services provide innovative solutions to meet the needs and bridge that gap and maximize opportunities, enabling reinsurers and program administrators to get tailored financial services. | $48,000,000 | 1/11/2022 | Virgo Investment Group | Venture – Series Unknown |
d2i | http://www.d2ihc.com/ | Parsippany | Life Sciences | Provider of data analytics solutions intended to help health care organizations. The company provides an unparalleled data analytics application that aggregates, harmonizes, and enriches diverse sources of data, thereby providing organizations with actionable insights that optimize emergency department (ED) performance. | $430,000 | 1/18/2022 | Martinson Ventures; Beta Operators Fund; Howard Goldstein; John Martinson; New Silk Route Growth Capital | Later Stage VC (3rd Round) |
EducationDynamics | http://www.educationdynamics.com/ | Hoboken | Information Technology | Provider of enrollment management and inquiry generation services designed to make student admission processes for schools targeted and efficient. | $1,500,000 | 1/18/2022 | Halyard Capital, Martinson Ventures, Renovus Capital Partners, WhiteHorse Finance BDC | PE Growth/Expansion |
Elevate HR | http://www.elevate-hr.com/ | Parsippany-Troy Hills | Information Technology | Developer of human capital management and implementation software intended for Microsoft Dynamics AX. The company specializes in human resources and identity and access management software solutions that are embedded within the Microsoft Dynamics AX platform, enabling the clients to automate the directory. | $1,000,000 | 1/18/2022 | Martinson Ventures | Early Stage VC |
Faeth Therapeutics | https://www.faeththerapeutics.com/ | Kearny | Life Sciences | Faeth Therapeutics is a data-driven company that focuses on using metabolism to rethink the science of cancer. | $20,000,000 | 1/18/2022 | Future Ventures; Khosla Ventures | Seed |
Health Recovery Solutions | http://www.healthrecoverysolutions.com/ | Hoboken | Life Sciences | Developer of telehealth and remote monitoring platform designed to optimize clinician workflow and improve patient satisfaction. The company’s offering includes disease-specific interactive 4G tablets customized with patients’ medications, reminders, educational videos, diet information and are integrated with oximeters, BP monitors, thermometers, and scales, enabling the healthcare community and patients to reduce readmission and improve clinical outcomes. | $70,000,000 | 1/18/2022 | Martinson Ventures; LLR Partners; Edison partners; Ascent Capital Advisors; Westway Capital | Later Stage VC (7th Round) |
Life Science Marketplace | http://www.lsmarket.com/ | Lambertville | Life Sciences | Operator of an e-commerce platform intended for procurement and outsourcing of life science goods and services. The company’s platform serves as a central repository for vendor information that can be leveraged by all buyers in the industry, eliminating tremendous redundancy in collecting the same vendor data in multiple company vendor management databases, providing buyers and sellers an ecosystem of companies that could buy and sell from one another on a single technology platform. | $500,000 | 1/18/2022 | Martinson Ventures | Early Stage VC (1st Round) |
Ceptur Therapeutics | http://www.cepturtx.com/ | Hillsborough | Life Sciences | Developer of U1 adaptor technology designed to facilitate the creation of U1 adaptors with therapeutic potential. The company’s technology overcomes the limitations of gene silencing technologies, enabling doctors to treat patients with various types of cancers. | $75,000,000 | 1/19/2022 | Bristol-Myers Squibb; Janus Henderson Investors; Perceptive Advisors; Qiming Venture Partners; venBio | Series A |
QE Solar | http://www.qesolar.com/ | Cranford | Clean Tech | Provider of operations and maintenance services for commercial, industrial and utility-scale solar infrastructure as well as battery energy storage systems. | $2,000,000 | 1/25/2022 | Martinson Ventures; 424 Capital; Plexus Capital; Eagle Private Capital | PE Growth/Expansion |
Slingshot (Human Capital Services) | http://www.slingshotahead.com/ | Somerset | Information Technology | Operator of talent acquisition platform intended to connect vetted high school talent to budding startups. The company’s platform helps high school students get ample opportunities while startups find untapped, low-cost and skilled talent, enabling companies to attract talent by going in the funnel and scouting teenage tech prodigies. | $25,000 | 1/25/2022 | Alchemist Accelators; Techstars | Accelerator/Incubator |
PleasrDAO | https://www.pleasr.org | Princeton | Finance & Professional Services | Provider of a blockchain-aligned group intended to buy high-priced NFTs. | $69,000,000 | 1/26/2022 | Andreessen Horowitz | Angel Venture |
StreamAlive | http://www.streamalive.com/ | Basking Ridge | Information Technology | Developer of a SaaS audience engagement platform intended to work with streaming and meeting platforms and enable true audience engagement at scale. The company’s software offers features such as real-time recommendations, automated questions, polls and mapping, enabling users to increase live stream, webinar and large-meeting engagement. | $1,530,000 | 1/27/2022 | Special Invest | Pre-seed |
Surefire Cyber | http://www.surefirecyber.com/ | Summit | Information Technology | Developer of cybersecurity software designed to help clients deal with internet security issues. The company’s solution brings swift, strong responses to cyber incidents such as ransomware, email compromise, malware, data theft, and other threats, enabling the clients to prepare for, respond to and recover from cyber incidents and fortify their cyber resilience in anticipation of future events. | $10,000,000 | 1/28/2022 | Forgepoint Capital | Series A |
Cayuga Biotech | http://www.cayugabiotech.com/ | Bridgewater | Life Sciences | Developer of a nano therapeutic drug designed to treat both internal and external hemorrhage. The company’s drug is envisioned as a universal hemostat which is able to generate clots in all bleeding cases such as compressible, non-compressible and internal injuries while minimizing the risk of side effects, enabling doctors to increase survival rates and minimize disability from trauma. | Undisclosed | 1/31/2022 | Defense Advanced Resarch Projects Agency; IndieBio; SOSV | Seed |
Dalci | http://www.dalci.com/ | West New York | Food & beverage non-retail | Producer of desserts and brownies intended to be healthy and free of stomach bloat or side effects. The company offers snacks using avocado oil, coconut sugar, almond flour which are rich in healthy fats and lipase for good digestion, low-glycemic sweetener boasting prebiotics and probiotics, high in fiber, and healthy fats make for an easy on the gut alternative, allowing customers to have a healthy gut-friendly dessert. | $1,500,000 | 1/31/2022 | Anush Amin; Nirav Desai | Seed |
Mergers and Acquisitions
Organization | Website | Location | Sector | Description | Financing Size | Announced Date | Acquirers | Financing Note |
Dash Pharmaceuticals | http://www.dashpharm.com/ | Upper Saddle River | Life Sciences | Operator of a generic drugs company intended to serve the United States market. The company engages in co-developing, licensing, marketing, selling and distributing pharmaceutical products including nutritional and dietary supplements, vitamins and topicals across multiple dosage forms packaged under its own label, providing patients with products that are affordable and accessible. | $18,000,000 | 1/1/2022 | Natco Pharma | Merger/Acquisition |
Food Ingredient Solutions | http://www.foodcolor.com/ | Teteroboro | Advanced Manufacturing | Manufacturer and distributor of colors and natural antioxidants intended to serve the food, drug and cosmetics industries. The company manufactures and distributes a full range of kosher, halal and organic colors and natural antioxidants from certified processing facilities located in Teterboro and Marshfield, thereby providing tailored recommendations and complementary, product-specific stability testing at competitive prices with minimized formulation time and increased application success. | Undisclosed | 1/3/2022 | Chr. Hansen Natural Colors | Buyout/LBO |
Agency Network Exchange | http://www.ane-agents.com/ | Monmouth Junction | Finance & Professional Services | Operator of a network of independent agencies intended to help independent insurance agents grow and retain business all across the United States. The company specializes in providing a platform to the independent agents, enabling them to increase their revenue, grow their agencies at a faster rate, enhance their contingent income and provide them with resources they need to compete. | Undisclosed | 1/4/2022 | Renaissance Alliance | Buyout/LBO |
InfuCare Rx | http://www.infucarerx.com/ | Fairfield | Life Sciences | Developer of a digital care management platform designed for patients with chronic conditions that require comprehensive clinical management services. The company offers digital prescriptions, secure real-time data, telemedicine, and much more and specializes in infusion therapies to help patients lead a healthy and productive lifestyle, thereby helping patients lead healthier lifestyles through personalized therapies and educational programs. | Undisclosed | 1/4/2022 | One Equity Partners | LBO |
Conduent – Midas Health Analytics Solutions | Florham Park | Life Sciences | Midas Health Analytics Solutions offers strategic guidance, tactical plans, and care management interventions to help healthcare customers. | $340,000,000 | 1/4/2022 | Symplr | Merger/Acquisition | |
EC Sourcing Group | http://www.ecsourcinggroup.com/ | Morristown | Information Technology | Developer of supply management software designed for strategic sourcing professionals. The company provides user-friendly software that facilitates increasing return on investment and decreasing the complexity typically associated with sourcing and vendor management, enabling clients to make their job easier, efficient and profitable. | Undisclosed | 1/4/2022 | Simfoni | Merger/Acquisition |
Innovative Software Solutions | http://www.issisystems.com/ | Maple Shade | Information Technology | Provider of benefits administration computer systems and services intended to serve the multi-employer benefit funds market. The company offers benefits administration systems, interactive web portals, electronic claims translation modules as well as remote hosting services, enabling fund offices and third-party administrators to successfully administer multi-employer benefit funds. | Undisclosed | 1/5/2022 | Basys | LBO |
BC Engineered Products | https://bcep.com/ | Morristown | Advanced Manufacturing | BC Engineered Products provides engineering, product development, and manufacturing services to consumer, industrial. | Undisclosed | 1/5/2022 | Triman Industries | Merger/Acquisition |
Flow Commerce | http://www.flow.io/ | Hoboken | Information Technology | Provider of a cross-border e-commerce platform designed to facilitate the complexity of selling internationally to help e-commerce teams maximize cross-border revenue. The company’s platform uses artificial intelligence and virtualization to remove the challenges facing cross-border commerce, addressing key requirements such as multi-currency pricing, cost-efficient, rapid shipping, international payment options, defined taxes, enabling merchants to ship products from any place by automating the end-to-end workflows across pricing, translation, landed cost, payments, and logistics. | $500,000,000 | 1/5/2022 | Global-e | Merger/Acquisition |
InStore Audio Network | http://www.instoreaudionetwork.com/ | Princeton | Information Technology | Provider of in-store audio advertising services to retailers. The company offers in-store audio messaging in grocery, drug, mass merchandiser and convenience stores along with music programming and equipment, retail-specific messaging and third-party branded messaging ad sales, enabling clients to advertise their products effectively. | $44,460,925 | 1/5/2022 | Stringray Digital Group | Merger/Acquisition |
Peprotech, Inc | https://www.peprotech.com | Rocky Hill | Life Sciences | Peprotech develops and produces recombinant cytokine products for life-science research. | $1,900,000,000 | 1/5/2022 | Fisher Scientific | Merger/Acquisition |
Marlabs | http://www.marlabs.com/ | Piscataway | Information Technology | Provider of end-to-end IT services intended to help clients improve their business outcomes swiftly and precisely. The company offers digital-first strategy and advisory services, rapid solution incubation and prototyping and agile digital solution engineering to help make operations sleeker, keep customers closer, transform data into decisions, de-risk cyberspace, boost legacy systems and capture novel opportunities and digital-led revenues, thereby enabling enterprise and mid-market clients to build and manage IT applications and infrastructure and future-proof their business. | $4,323,790 | 1/6/2022 | BV Investment Partners | Development Capital |
MJH Life Sciences | http://www.mjhlifesciences.com/ | East Windsor | Life Sciences | Provider of healthcare information and resources intended to serve healthcare professionals from pharmaceutical, medical device, diagnostic and biotech companies. The company provides integrated, omni-channel communications products, services, events, education and research to professionals within health care, animal health and industry sciences, enabling them to optimize patient outcomes and improve care. | Undisclosed | 1/10/2022 | BDT Capital Partners | LBO |
GL Engineering | http://www.gl-engineering.com/ | East Hanover | Life Sciences | Designer and developer of filling needles and sterile processing equipment intended for the pharmaceutical industry. The company specializes in prototyping, manufacturing and installation of sterile process engineering concepts and solutions, including custom-made, single-use filling needles and thermocouple testing clamps, thereby providing clients with a customized approach to the cleanest and most efficient filling options on any brand of filling equipment. | Undisclosed | 1/10/2022 | Sani-Tech West | Merger/Acquisition |
SmartValve | Berkeley Heights | Advanced Manufacturing | Developer of fluid management system. The company offers an intelligent control of multiple, advanced water features in addition to delivering increased hydraulic energy efficiency for pool or spa design, enabling users to autonomously operate central water distribution system with cloud-based control of other pool equipment via local control or application. | Undisclosed | 1/10/2022 | Hayward Industries | Merger/Acquisition | |
ClearLynx | http://www.clearlynx.com/ | Bradley Beach | Information Technology | Developer of bunker fuel management software intended to operate an e-marketplace for handling all aspects of inquiry management from procurement to payment. The company’s platform provides data feeds, pricing and analytics, business intelligence, optimization, planning and finance solutions, thereby enhancing visibility to support real-time business-critical decision making and cost reductions through increased productivity. | Undisclosed | 1/11/2022 | ZeroNorth (Kobenhaven) | Merger/Acquisition |
FitForCommerce | http://www.fitforcommerce.com | Short Hills | Information Technology | FitForCommerce provides tools and expertise that help eCommerce businesses articulate requirements, leverage best practices. | Undisclosed | 1/12/2022 | OSF Digital | Merger/Acquisition |
Hillstream BioPharma (NAS: HILS) | http://www.hillstreambio.com/ | Bridgewater | Life Sciences | Hillstream BioPharma Inc is a biotechnology company developing novel therapeutic candidates targeting ferroptosis, an emerging new anti-cancer mechanism resulting in iron-mediated cell death for drug-resistant and devastating cancers. | $15,000,000 | 1/12/2022 | IPO | IPO |
HyperPointe | http://www.hyperpointe.com/ | Teaneck | Information Technology | Operator of a customer experience management platform as well as a provider of relationship marketing services servicing the global healthcare and pharmaceutical industry. The company’s cloud-based data analytics technology offers various features that capture information from multiple sources to provide deep insights into each customer’s behavior as well as provides personalized services including brand positioning, product lifecycle management, user interface designing, content management and consulting, thereby enabling healthcare sectors to enhance patient wellness and forge stronger brands. | $14,000,000 | 1/14/2022 | XypresSpa Group | Merger/Acquisition |
Knack Global | http://www.knackglobal.com/ | Woodbridge | Information Technology | Provider of revenue cycle management services intended for hospitals and health csystems, physician groups, dental practices, surgical and amulatory care centers. The company offers revenue cycle management, information technology services and staffing solutions, physicians billing, durable medical equipment (DME) billing along with healthcare and enterprise information technology and analytics services, thereby helping clients maximize competitive advantage by driving productivity and efficiency while focusing on their core competencies of patient care. | Undisclosed | 1/18/2022 | LKCM Headwater Investments, Weave Growth Partners | LBO |
Bauer Publishing | https://bauerpublishing.com/ | Englewood Cliffs | Film & Digital Media | Bauer Publishing is one of the world’s most successful media corporations. | Undisclosed | 1/18/2022 | A360 Media | Merger/Acquisition |
Adirondack Solutions | http://www.adirondacksolutions.com/ | Bridgewater | Information Technology | Developer of housing software intended for college students. The company’s software specializes in housing, parking and conference services, providing efficient and user-friendly software. | Undisclosed | 1/24/2022 | StarRez via Vista Equity Partners | Buyout/LBO |
Eleison Pharmaceuticals | http://www.eleison-pharma.com/ | Princeton | Life Sciences | Developer of specialty pharmaceutical and life-saving drugs for cancer treatment. The company acquires, develops and commercializes clinical-stage drug therapies for lung, pancreatic, brain and other types of cancers, thus providing patients with a new hope to fight these rare and life-threatening diseases. | Undisclosed | 1/24/2022 | IPO | IPO |
CoreMedia Systems | http://coremedia-systems.com/ | Fairfield | Film & Digital Media | Developer of media management and response analytics software designed to assist in informed planning and buying decisions for TV, Radio and Print. The company partners with leading agencies, marketers and industry providers to develop end-to-end market services., enabling media buyers and planners to access the partners and data they need, leaving them more time to focus on results. | Undisclosed | 1/25/2022 | Simpli.fi | Buyout/LBO |
Incharged | http://www.incharged.com/ | Newark | Advanced Manufacturing | Manufacturer of charging stations intended to reach out to customers in an innovative way. The company’s product lets consumers plug in their mobile devices for a free recharge while the brand that sponsors the charging station can present messaging in a non-obtrusive way and when they plug into the charging stations and while they wait for their devices to charge, an HD video screen displays marketing messages, enabling the users to charge their devices and companies to reach out to a maximum number of audiences. | Undisclosed | 1/25/2022 | Ibrands International, LLC | Merger/Acquisition |
Integrated Business Systems | http://www.ibsre.com/ | Totowa | Information Technology | Developer of information technology services intended for the real estate and finance industry. The company offers managed IT services, cloud backup, network support and property management platform, thereby helping customers to minimize downtime and maximize performance. | Undisclosed | 1/25/2022 | Acumatica | Merger/Acquisition |
Thomas Scientific | http://www.thomassci.com | Swedesboro | Advanced Manufacturing | Thomas Scientific is a supplier of a wide variety of scientific equipment. | Undisclosed | 1/27/2022 | Sky Partners | Merger/Acquisition |
Investments
Organization Name | Organization Website | Organization Location | Sector | Organization Description | Money Raised | Announced Date | Press Release Link | Top 5 Investors | Financing Note | Funding Round | Transaction Name | Number of Investors |
Standard Industries | http://www.standardindustries.com/ | Parsippany | Advanced Manufacturing | Standard Industries manufactures roofing products intended to provide sustainable modern industrialism. | $500,000,000 | 12/8/2021 | https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/standard-industries-sets-call-for-500m-tap-of-4-375-notes-due-july-2030-67986625 | N/A | The company received $500 million of debt financing in the form of senior notes from Deutsche Bank, Mizuho Bank, TD Bank and other undisclosed lenders on December 8, 2021. The company also repaid $900 million of its term loan on December 8, 2021. Previously, the company received $2.5 billion of debt financing in the form of a term loan B from undisclosed lenders in August 2021. | Debt financing | Series A - WhizAI | 1 |
CompoSecure | http://www.composecure.com/ | Somerset | Advanced Manufacturing | CompoSecure designs and manufactures premium metal financial cards. | $175,000,000 | 12/28/2021 | https://aithority.com/technology/analytics/business-intelligence/composecure-and-roman-dbdr-tech-acquisition-corp-announce-closing-of-business-combination/ | BlackRock, Highbridge Capital Management | Post-IPO Equity | Venture Round - Diamond Communications | 1 | |
Aerie Pharmaceuticals | http://www.aeriepharma.com/ | Bedminster | Life Science | Aerie Pharmaceuticals is focused on developing products for the pharmaceutical treatment of glaucoma. | $88,000,000 | 12/7/2021 | https://wraltechwire.com/2021/12/07/glaucoma-treatment-deal-lands-durham-pharma-aerie-88m-up-front/#:~:text=Glaucoma%20treatment%20deal%20lands%20Durham%20pharma%20Aerie%20%2488M%20up%20front,-Aerie%20Pharmaceuticalseye&text=DURHAM%20%E2%80%93%20A%20licensing%20deal%20for,are%20met%2C%20Aerie%20announced%20Tuesday. | N/A | Post-IPO Equity | Venture Round - Genomic Prediction | N/A | |
Reliance Global Group | https://www.relianceglobalgroup.com/ | Lakewood | Financial & Professional Services | Reliance Global Group is an insurance company combining advanced technologies of a traditional insurance agency. | $20,000,000 | 12/23/2021 | N/A | N/A | Post-IPO Equity | Pre Seed Round - Clueby | 1 | |
Beam (Stealth) | Sparta | Technology | Beam is the developer of technology, content, and marketplaces platform designed to enhance communication, collaboration, and consumer experience. | $14,220,000 | 12/9/2021 | N/A | Fortune500 Insurance Company | The company raised $14.22 million of seed funding from undisclosed investors on December 9, 2021. | Venture - Series Unknown | Non Equity Assistance - Kiswe | N/A | |
Genomic Prediction | https://www.lifeview.com/ | North Brunswick | Life Science | Genomic Prediction provides advanced genetic testing for IVF. | $11,999,988 | 12/15/2021 | https://www.intelligence360.news/north-brunswick-new-jersey-based-genomic-prediction-is-raising-12000000-00-in-new-equity-investment/ | AAF Managment Ltd.; Vulcan Capital | Venture - Series Unknown | Seed Round - North Lake Supply | N/A | |
Logical Buildings | https://logicalbuildings.com/ | Livingston | Clean Energy | Logical Buildings is a smart building and grid-edge energy management software company. | $10,000,000 | 12/9/2021 | https://www.power-grid.com/smart-grid/vpp-software-provider-startup-logical-buildings-raises-10m/?fr=operanews | Keyframe Capital Partners | Series D | Post-IPO Equity - Reliance Global Group | N/A | |
WhizAI | https://whiz.ai/ | Somerset | Life Science | WhizAI offers an e augumented analytics platform used for consumers purpose. | $8,000,000 | 12/14/2021 | https://pulse2.com/whizai-secures-8-million-in-series-a-funding/?utm_source=dlvr.it&utm_medium=twitter | Vertical Venture Partners | Series A | Series A - Singularity Systems | N/A | |
BioAegis Therapeutics | http://www.bioaegistherapeutics.com/ | North Brunswick | Life Science | BioAegis Therapeutics operates a clinical-stage drug development platform intended to facilitate the treatment of inflammation and infectious diseases. | $7,000,000 | 12/31/2021 | N/A | National Institute Of Allergy and Infectious Diseases | The company raised Series C venture funding from undisclosed investors on January 24, 2022. Prior to that, the company raised $7 million of venture funding from undisclosed investors on October 7, 2020. Out of the total amount, $7 million was originally raised in the form of convertible debt which subsequently got converted into equity. The funds will be used for phase 2 drug trials. | Venture - Series Unknown | Series A - DiRx Health | N/A |
Diamond Communications | http://diamondcomm.com/ | Short Hills | Financial & Professional Services | Diamond Communications LLC engages in the acquisition and management of communication towers and colocation structures in the United | $6,300,000 | 12/15/2021 | https://www.prnewswire.com/news-releases/cit-provides-6-3-million-financing-to-diamond-communications-llc-301445002.html | CIT Group | Venture - Series Unknown | Post-IPO Equity - CompoSecure | 2 | |
Sparta Biomedical | http://www.sparta-biomedical.com/ | Madison | Life Science | Sparta Biomedical's mission is to provide improvements to orthopaedic surgeons that fundamentally restore movement for their patients. | $5,280,000 | 12/14/2021 | https://www.finsmes.com/2021/12/sparta-biomedical-raises-5m-in-seed-financing.html | Duke Angel Network, Ken Gall, Nanosha | Seed | N/A | ||
CircleBlack | https://circleblack.com/ | Trenton | Technology | CircleBlack is a financial technology firm that provides wealth management solutions. | $4,323,790 | 12/7/2021 | N/A | N/A | Seed | N/A | ||
DiRx Health | https://dirxhealth.com/ | East Brunswick | Life Science | DiRx is a digital pharmacy that offers safe, affordable, in-home delivery of generic medications to US consumers with no insurance needed. | $4,250,000 | 12/28/2021 | https://www.businesswire.com/news/home/20211228005157/en/Rapidly-Emerging-Digital-Health-Company-DiRx-Raises-10-Million-in-Series-A-Funding | N/A | Series A | N/A | ||
Telegrid | https://telegrid.com/ | East Hanover | Technology | Telegrid is the developer of tactical communications equipment designed to serve the US military and governmental agencies. | $3,700,000 | 12/9/2021 | N/A | United States Department of Defense | The company raised $3.70 million of angel funding from undisclosed investors on December 9, 2021. | Angel Venture | N/A | |
Sunflow | https://getsunflow.com/ | Short Hills | Technology | Sunflow designs and manufactures a premium beach brand intended to provide beach chairs and other accessories. | $3,500,000 | 12/1/2021 | https://www.lelezard.com/en/news-20180788.html | FOD Capital, Great Oaks Venture Capital | The company raised $3.5 million of venture funding in a deal led by FOD Capital in December, 2021. Great Oaks Venture Capital also participated in the round. The funds will be used for the expansion of the company's product suite, distribution channels, and team. | Venture - Series Unknown | N/A | |
Bloqcube | https://bloqcube.com/ | Piscataway | Technology | Bloqcube is the developer of an integrated software designed for clinical trials operations in drug development for healthcare, life sciences and the pharma industry. | $3,000,000 | 12/31/2021 | N/A | N/A | The company raised $3 million of seed funding through a combination of equity and convertible debt from undisclosed investors on December 31, 2021, putting the company's pre-money valuation at $15 million. | Venture - Series Unknown | N/A | |
Cos�n | https://www.cosangroup.com/ | Moorestown | Life Science | Cos�n is a developer of a preventative care coordination tool designed to help physicians, healthcare organizations and payers improve patient outcomes. | $1,890,000 | 12/28/2021 | N/A | Generator Ventures, Ziegler | The company raised $1.89 million of convertible debt financing from undisclosed investors on December 28, 2021. | Venture - Series Unknown | N/A | |
Sweet | https://sweet.io/ | Morristown | Technology | Sweet operates a blockchain-based social loyalty platform intended to offer fan engagement service. | $1,800,000 | 12/3/2021 | Animoca Brands, Flight Ventures, Orillion | The company raised $1.80 million of Series B venture funding from undisclosed investors on December 3, 2021, putting the company's pre-money valuation at $210 million. The funds will be used in aggressively expanding the company, as well as broaden and accelerate product development. | Venture - Series B | N/A | ||
Candlestick | http://www.candlestick.ai/ | Nutley | Technology | Candlestick provides artificial-intelligence-powered stock picking services intended to assist retail investors to get proper returns in the market. | $650,000 | 12/14/2021 | N/A | N/A | The company raised $650,000 of seed funding from an undisclosed investor on December 14, 2021, putting the company's pre-money valuation at $2,500,000. | Venture - Seed Unknown | N/A | |
North Lake Supply | https://www.northlake.supply/ | Augusta | Non-Retail Food & Beverage | North Lake Supply is an adult-use cannabis cultivation and manufacturing applicant. | $500,000 | 12/22/2021 | N/A | N/A | Seed | N/A | ||
DailyBot | https://www.dailybot.com/ | Westwood | Technology | DailyBot is the operator of an in-chat automation platform designed to automate daily workflows like stand-ups, team check-ins, give kudos to teammates or even create their own chat-automation for their back-office with no-code or low-code. | $125,000 | 12/15/2021 | https://www.dailybot.com/blog-post/dailybot-joins-y-combinators-summer-21-batch | Y Combinator | The company joined Y Combinator as a part of their Summer Cohort 2021 on December 15, 2021 and received $125,000 in funding in the form of SAFE notes. | Venture - Series Unknown | N/A | |
Integra Network Solutions | https://www.integra-ns.com/ | Parsippany | Technology | Integra Network Solutions is a provider of cellular services intended to offer cellular and public safety wireless solutions. | $55,000 | 12/22/2021 | N/A | N/A | The company raised $55,000 of angel funding in the form of SAFE notes from undisclosed investors on December 22, 2021. | Venture - Series Unknown | N/A | |
Pedul | https://www.pedul.com/ | Newark | Technology | Pedul operates an online education crowdfunding platform. | $20,000 | 12/6/2021 | https://www.pedul.com/2021/12/13/newark-startup-selected-for-techstars-accelerator/ | Techstars, Techstars Workforce Development Accelerator | Seed | Post-IPO Equity - Aerie Pharmaceuticals | N/A | |
Triman Industries | http://www.trimanindustries.com/ | West Berlin | Financial & Professional Services | Triman Industries is the provider of distribution, supply chain, and repair management services intended for the military aftermarket. | Undisclosed | 12/21/2021 | https://www.kroll.com/en/transactions/m-and-a/sell-side-advisor-crestwood-technology-group | AE Industrial Partners | The company received debt financing in the form of a loan from Audax Group on December 21, 2021. The funds will be used to support future acquisitions. | Venture - Series Unknown | Seed Round - Pedul | 2 |
Endcrawl | https://endcrawl.com/ | Montclair | Technology | Endcrawl is the developer of a sales-as-a-service platform designed for managing and rendering end credits for film, television and other creative works. | Undisclosed | 12/1/2021 | N/A | Calm Company, Sahil Lavingia, Steven Klein, Tyler Tringas | The company raised an undisclosed amount of venture funding from Calm Company, Tyler Tringas and Sahil Lavingia in December 2021. Steven Klein (Los Angeles) also participated in the round. | Venture - Series Unknown | Private Equity Round - Curexa Pharmacy | 1 |
Clueby | https://clueby.com/ | Jersey City | Technology | Clueby provides paid Question and Answer sessions between influencers and people who want to reach them to get advice or opinion. | N/A | 12/15/2021 | N/A | Geek Ventures | Pre-Seed | |||
Curexa Pharmacy | https://www.curexa.com/ | Egg Harbor Township | Life Science | Curexa Pharmacy is a medicine distribution firm that offers general compounding medication services. | N/A | 12/4/2021 | https://www.globenewswire.com/en/news-release/2021/12/04/2346129/0/en/Pouschine-Cook-Capital-Management-Announces-Investment-in-Curexa-Pharmacy.html | Pouschine Cook Capital Management | Private Equity | Seed Round - CircleBlack | N/A | |
Drone Express | https://droneexpress.com/ | East Hanover | Transportation & Logistics | Drone Express is a full-service logistics company that uses airborne autonomous drones for local package delivery. | N/A | 12/9/2021 | N/A | N/A | Seed | Series D - Logical Buildings | 1 | |
Singularity Systems | https://singularitysystems.com/ | Princeton | Technology | Singularity Systems is the developer of a software platform that offers computer vision-based machine learning. | N/A | 12/24/2021 | https://pandaily.com/ai-startup-singularity-systems-receives-investment-in-round-a-financing/ | BitRock Capital, INCE Capital | Series A | Seed Round - Drone Express | N/A | |
Kiswe | http://kiswe.com/ | New Providence | Technology | Kiswe is a video technology startup providing live media solutions to sports and entertainment content owners. | N/A | 12/21/2021 | https://www.startupbootcamp.org/blog/2021/12/startupbootcamp-scale-osaka-onboards-10-startups-to-their-program-to-drive-impact-for-smart-cities-in-osaka-japan/ | Startupbootcamp Scale Osaka | Non-equity Assistance | Seed Round - Sparta Biomedical | 3 |
Investments
Organization Name | Organization Website | Organization Location | Sector | Organization Description | Funding Amount | Announced Date | Press Release Link | Top 5 Investors | Funding Round |
Celsius Network | https://celsius.network/ | Hoboken, NJ | Technology | Celsius Networks is the developer of an online financial platform designed to facilitate secure digital trading of assets. | $750,000,000.00 | 11/24/2021 | https://finance.yahoo.com/news/celsius-network-series-b-expands-043532341.html | Alpha Sigma Capital, Basis Vectors, Caisse de dépôt et placement du Québec, Exnetwork Capital, Governing Dynamics, Gumi Cryptos Capital, Rhodium, Starta Ventures, Tether International, Tokentus, ValueNet Capital, WestCap Group | Series B |
Outlook Therapeutics | https://outlooktherapeutics.com/ | Parsippany | Life Sciences | Outlook Therapeutics is a biopharmaceutical company focused on developing and commercializing monoclonal antibody biosimilar therapeutics. | $57,500,000.00 | 11/29/2021 | https://ir.outlooktherapeutics.com/news-releases/news-release-details/outlook-therapeutics-announces-closing-575-million-bought-deal | N/A | Post-IPO Equity |
Starton Therapeutics | https://startontx.com/ | Paramus, NJ | Life Sciences | Starton Therapeutics is the developer of a transdermal patch technology intended for people with cancer to receive continuous treatment. | $25,000,000.00 | 11/19/2021 | _ | MBX Capital | Early Stage Venture - Series Unkown |
Onkos Surgical | http://www.onkossurgical.com/ | Parsippany, NJ | Life Science | Onkos Surgical manufactures surgical devices and technologies designed to be utilized in oncological surgeries. | $7,500,000.00 | 11/18/2021 | _ | 1315 Capital, 3D Systems, Canaan Partners, SV Health Investors | Venture - Series Unknown |
DolphinDB | https://dolphindb.com/ | Jersey City, NJ | Technology | DolphinDB is the developer of a big data analytical system designed to provide unlimited data scaling capacity. | $15,630,000.00 | 11/23/2021 | https://www.dealstreetasia.com/stories/dolphindb-bags-15m-273465 | Everest VC, F&G Ventures, Kaitai Capital, The Cathay Funds | Series B |
GPARENCY | https://gparency.com/ | Princeton | Financial & Professional Services | GPARENCY is a commercial mortgage brokerage that operates under an innovative pricing model that enables borrowers to secure funding using a customizable fixed-fee membership model. | $14,800,000.00 | 11/26/2021 | https://cheddar.com/media/gparency-raises-15-million-to-revolutionize-commercial-real-estate-industry | N/A | Seed |
Disprz | https://www.disprz.com/ | West Orange, NJ | Technology | Disprz has developed a mobile learning and engagement platform designed to help organizations digitally onboard, up-skill, continuously develop, and empower employees across organizational ranks. | $13,000,000.00 | 11/18/2021 | _ | Akshay Soni, Auctus Capital, Dallas Venture Capital, GO1, IL&FS Investment Managers Limited, InnoVen Capital, Kae Capital, KOIS, Mars Growth Capital, Oracle, Rajeev Grover, Sameer Khetarpal, Smita Nair, T S Hariharan, VentureOutNY | Series B |
Sfara | https://www.sfara.com/ | Hoboken | Technology | Sfara seeks to advancing mobile safety technology at home, in the workplace, and everywhere in between through patented machine learning algorithms and the raw processing power and sensors of today’s smartphones and tablets. | $11,500,000.00 | 11/18/2021 | https://www.sfara.com/new-fnol-solutions-recognized-as-sfara-raises-11-5m-in-oversubscribed-series-b-to-accelerate-sales-of-breakthrough-tech/ | Empede Capital | Series B |
Limit Financial (LimitFi) | https://limitfi.com/ | Howell | Financial & Professional Services | Limit Financial is a managing general underwriter (MGU) that specializes in credit insurance and reinsurance solutions. | $3,750,000.00 | 11/9/2021 | https://ir.siriusgroup.com/press-releases/news-details/2021/LimitFi--SiriusPoint-Announce-Multi-Year-Underwriting-Partnership-and-Strategic-Investment/default.aspx | N/A | Venture - Series Unknown |
TELEGRID Technologies | https://telegrid.com/ | Cresskill | Technology | TELEGRID Technologies is the parent company of Drone Express, which provides drone package delivery-as-a-service. | $3,700,000.00 | 11/24/2021 | _ | GAA Investments, Winsupply Inc. | Seed |
Audience Town | http://www.audiencetown.com/ | Newark, NJ | Technology | Audience Town is the developer of an advertising technology platform designed for real estate and home marketers looking to drive qualified leads and business outcomes. | $3,220,000.00 | 11/16/2021 | _ | Aperiam Ventures, Moderne Ventures, Wasatch Energy Group | Venture - Series Unknown |
Longevica | https://www.longevica.com/ | Princeton | Life Sciences | Longevica is a science-driven company with a mission to find mechanisms of life extension. | $2,500,000.00 | 11/24/2021 | https://www.mobihealthnews.com/news/longevica-raises-25m-longevity-healthy-aging-research-platform | Xploration Capital | Venture - Series Unknown |
Critical Response Group | https://www.crgplans.com/ | Princeton | Technology | Critical Response Group uses technology and training techniques to improve public safety. | $1,325,000.00 | 11/29/2021 | _ | N/A | Venture - Series Unknown |
BlinkLab | https://blinklab.org/ | Princeton | Technology | BlinkLab offers an app to diagnose and monitor neurological disorders such as autism using advanced facial recognition and artificial intelligence techniques. | $1,200,000.00 | 11/15/2021 | https://blinklab.org/blinklab-successfully-closed-its-seed-funding-round/ | GAA Investments, Winsupply Inc., Princeton University | Seed |
Expecting.ai | https://expecting.ai/ | Hopewell | Life Science | Expecting is an online resource that gathers surrogates, egg donors and fertility agencies, all in one place. | $1,000,000.00 | 11/15/2021 | https://www.startuphub.ai/its-a-match-expecting-the-startup-thats-digitizing-the-surrogate-and-egg-donor-search-raises-1-million/#:~:text=Expecting%2C%20a%20tech%20startup%20that,from%20US%20and%20Israeli%20investors. | N/A | Seed |
CaptuRisk Inc. | https://capturisk.com/ | Cranbury | Technology | CaptuRisk Inc. offers automated valuation and loan decisioning technology for commercial mortgage. | $240,000.00 | 11/1/2021 | _ | N/A | Pre-Seed |
Khal.com | https://khal.com/ | Jersey City, NJ | Technology | Khal.com operates a social cooking website intended to help users from all over the world to show their cooking skills. | $235,350.00 | 11/10/2021 | https://startupsavant.com/news/khal-regulation-crowdfunding | N/A | Crowdfunding |
Artherium | https://www.artherium.com/ | Short Hills | Technology | Artherium offers a platform to track sales data on the primary art market. | $50,000.00 | 11/2/2021 | _ | Techstars, Techstars Future of Longevity Accelerator | Pre-Seed |
HealthHive, PBC | https://healthhive.org/ | Mountainside | Technology | HealthHive supports the evolution of value-based care through its patient-centered business-to-business sales as a service platform. | $20,000.00 | 11/10/2021 | https://www.prweb.com/releases/techstars_announces_future_of_longevity_class_of_2021/prweb18323603.htm | Evolution Capital Partners | Pre-Seed |
Eventcombo | http://www.eventcombo.com/ | Jersey City, NJ | Technology | Eventcombo has developed a hybrid enterprise event management platform intended to engage the audience. | $13,461.00 | 11/15/2021 | https://www.eventcombo.com/a/817/invest-in-the-disruption-of-events-on-startengine | HireCapital, Kim Goh, Maneesh Kapoor, Peta Cooper, Sridhar Vemuri | Crowdfunding |
Municipal Finance & Services | N/A | Clark, NJ | Technology | Municipal Finance & Services operates a cloud-based digital payments platform intended for the local government sector. | N/A | 11/11/2021 | N/A | ||
LEW Corporation | https://lewenvironmental.com/ | Hoboken | Financial & Professional Services | LEW Corporation is an environmental testing & consulting company providing various types of environmental engineering & consulting services. | N/A | 11/2/2021 | https://www.prnewswire.com/news-releases/evolution-capital-partners-makes-investment-in-new-jersey-environmental-services-firm-301413333.html | Bosch, Cultivation Capital | Private Equity |
Epygenix Therapeutics | http://www.epygenix.com/ | Paramus, NJ | Life Science | Epygenix Therapeutics is a developer of precision medicine designed to treat rare and catastrophic forms of genetic epilepsy. | N/A | 11/1/2021 | _ | Mstone Partners, Proioxis Ventures | Later Stage VC |
Digital Prime Technologies | http://digitalprimetechnologies.com/ | Jersey City, NJ | Technology | Digital Prime Technologies offers customizable prime brokerage technology solutions for financial institutions. | N/A | 11/19/2021 | https://www.prnewswire.com/news-releases/digital-prime-technologies-secures-strategic-investment-from-cowen-301428441.html | Aves Lair, Cowen & Company | Equity Crowdfunding |
Mergers and Acquisitions
Organization Name | Organization Website | Organization Location | Sector | Acquiree Description | Acquisition Description | Acquisition Price (in USD) | Acquiring Firm | Press Release Link | Acquisition Type |
G2O Technologies | https://g2otech.com/ | Phillipsburg, NJ | Transportation & Logistics | G2O Technologies supplies specialty chemicals for the water, wastewater treatment, and industrial manufacturing markets. | G20 Technologies announced on 11/2/21 that it had merged with USALCO for an undisclosed amount | N/A | USALCO | https://www.businesswire.com/news/home/20211102005264/en/H.I.G.-Capital-Portfolio-Company-USALCO-Completes-Merger-with-G2O-Technologies | Merger |
Guidemark Health | http://guidemarkhealth.com | Parsippany, NJ | Financial & Professional Services | Guidemark Health is a marketing and advertising company providing healthcare communication services. | Guidemark Health announced on 11/2/2021 that it was acquired by Arsenal Capital Partners on via a leveraged buyout for an undisclosed amount. | N/A | Arsenal Capital Partners | https://www.prnewswire.com/news-releases/arsenals-value-demonstration-business-acquires-guidemark-health-301413929.html | Leveraged Buyout |
United Silicon Carbide (USCi) | http://unitedsic.com/ | Monmouth Junction, NJ | Clean Energy | USCi offers technology and products enable affordable power efficiency in key markets that will drive the new and greener economy. | United Silicon Carbide announced on 11/3/2021 that it was acquired by Qorvo for an undisclosed amount. | N/A | Qorvo | https://www.mwrf.com/technologies/semiconductors/article/21212527/microwaves-rf-qorvo-acquires-united-silicon-carbide-unitedsic | Acquisition |
EmconIT | https://emconit.com/ | Brick, NJ | Financial & Professional Services | EmconIT is a third-party hardware maintenance provider. | EmconIT announced on 11/3/2021 that it was acquired by Evernex for an undisclosed amount. | N/A | Evernex | https://www.evernex.com/news/evernex-acquires-emcon-it-and-strengthens-its-presence-in-north-america/ | Acquisition |
BGS Water Watch | http://bgswater.com/ | Lakewood, NJ | Financial & Professional Services | BGS Water Watch is a well established online control and water monitoring company. | BGS Water Watch announced on 11/24/2021 that it was acquired by Runwise for an undisclosed amount. | N/A | Runwise | https://www.prnewswire.com/news-releases/runwise-acquires-bgs-water-watch-301414431.html | Acquisition |
DB Technology | http://www.dbtech.com | Clark, NJ | Life Sciences | dbtech offers document management services that provide downtime solutions and eForms for streamlined workflows and improved patient data security. | DB Technology was acquired by Dura Software on 11/9/2021 for an undisclosed amount. | N/A | Dura Software | https://dbtech.com/blog/dura-software-acquires-workflow-automation-software-company-db-technology/ | Acquisition |
MedActionPlan | https://medactionplan.com/ | Peapack, NJ | Life Sciences | MedActionPlan is a provider of medication safety, adherence technology, and patient education for transplant patients. | MedActionPlan announced on 11/10/2021 that it was acquired by CareDx for an undisclosed amount. | N/A | CareDx | https://www.globenewswire.com/news-release/2021/11/10/2331349/31386/en/CareDx-Acquires-MedActionPlan-to-Directly-Support-Patients-with-Better-Adherence.html | Acquisition |
Diopsys | http://diopsys.com | Pine Brook, NJ | Life Science | Diopsys is a medical devices company offering electroretinography (ERG) and visual evoked potential (VEP) vision testing solutions. | Diopsys was acquired by LumiThera on 11/11/2021 for an undisclosed amount | N/A | LumiThera | https://www.prnewswire.com/news-releases/lumithera-inc-announces-completion-of-diopsys-inc-acquisition-301494735.html#:~:text=Diopsys%20is%20now%20a%20wholly,System%2C%20LumiThera%27s%20leading%20treatment%20platform. | Acquisition |
Bergen Logistics | http://bergenlogistics.com | North Bergen, NJ | Transportation & Logistics | Bergen Logistics is a logistics company that offers order fulfillment solutions. | Bergen Logistics acquired by Elanders on 11/11/2021 for an undisclosed amount | N/A | Elanders | https://www.globenewswire.com/en/news-release/2021/11/22/2338997/0/en/Elanders-acquisition-of-Bergen-Logistics-is-now-completed.html | Acquisition |
Genesis Research | https://www.genesisrg.com | Hoboken, NJ | Life Sciences | Genesis Research is a global life sciences research and consulting company. | Genesis Research acquired by GHO Capital on 11/15/2021 for $275 million. | $275,000,000.00 | GHO Capital | https://www.bloomberg.com/press-releases/2021-11-16/gho-capital-acquires-genesis-research-a-pioneer-in-tech-enabled-real-world-evidence-and-heor-services | Acquisition |
Malka Media Group | http://www.malkamediagroup.com | Jersey City, NJ | Financial & Professional Services | Malka Media produces amazing content spanning design, video, animation, and virtual reality. | Malka Media Group announced on 11/16/2021 that it was acquired by Money Lion for an undisclosed amount. | N/A | MoneyLion | https://www.businesswire.com/news/home/20211116005479/en/MoneyLion-Acquires-Leading-Creator-Network-and-Content-Platform-MALKA-Media | Acquisition |
Vonage | http://www.vonage.com | Holmdel, NJ | Technology | Vonage is a provider of cloud-based communications to businesses and consumers. | Vonage acquired by Ericsson on 11/22/2021 for $6.2 billion. | $6,200,000,000.00 | Ericsson | https://www.fiercewireless.com/wireless/ericsson-acquire-vonage-whopping-62b | Acquisition |
Flow Commerce | http://www.flow.io | Hoboken, NJ | Financial & Professional Services | Flow Commerce offers a platform that enables e-commerce companies to go global. | Flow Commerce announced on 11/24/2021 that it was acquired by Global-e for $500 million. | $500,000,000.00 | Global-e | https://www.globenewswire.com/en/news-release/2022/01/04/2361207/0/en/Global-e-Announces-Closing-of-Acquisition-of-Flow-Commerce-and-Expansion-of-its-Leadership-Team.html | Acquisition |
Dynamic Imaging Systems | http://www.dynamicimaging.com/ | Marlton, NJ | Technology | Dynamic Imaging Systems provides innovative software solutions. | Dynamic Imaging announced on 11/29/2021 that it was acquired by Global Public Safety for an undisclosed amount. | N/A | Global Public Safety | https://www.harriscomputer.com/news/en/newsdate1638162000articleharris-enhances-its-public-safety-portfolio-with-the-acquisition-of-dynamic-imaging-systems-inc-#:~:text=Ottawa%2C%20ON%2C%20November%2029%2C,(Dynamic%20Imaging). | Acquisition |
Tower Fund Services | https://towerfundservices.com/ | Oceanport, NJ | Financial & Professional Services | Tower Fund Services is a fund startup consulting firm that offers accounting, valuation and reporting services to various industries. | Tower Fund Services announced on 11/30/2021 that it was acquired by STP Investment Services on for an undisclosed amount. | N/A | STP Investment Services | https://www.businesswire.com/news/home/20211130005346/en/STP-Investment-Services-Acquires-Tower-Fund-Services | Acquisition |
Company: Celsius Network
Location: Hoboken, NJ
Sector: Cryptocurrency | Celsius Network offers curated financial services that are not available through traditional financial institutions.
Deal Synopsis: Celsius Network announced on October 12th that it has raised $400 million of Series B venture funding.
Investor(s): Deal led by Caisse de dépôt et placement du Québec and WestCap Group
Pitchbook Profile Page: https://pitchbook.com/profiles/company/224501-05
News Release: https://www.ft.com/content/b47c9499-f4a6-46f4-991b-e8f7f20d49e2
Company: HR Acuity
Location: Florham Park, NJ
Sector: Computer Software | HR Acuity offers employee relations case management solutions by equipping organizations with built-in expertise to achieve consistency in the way they track, investigate, and analyze employee issues.
Deal Synopsis: HR Acruity announced on October 19th that it received has $47 million in private equity.
Investor(s): K1 Investment Management
Crunchbase Profile Page: https://www.crunchbase.com/organization/hr-acuity
News Release: https://k1capital.com/hr-acuity-secures-47-million-investment-from-k1-to-scale-its-cloud-solutions-for-employee-relations/
Company: Duality Technologies
Location: Newark, NJ
Sector: Cybersecurity | Duality Technologies offers a platform designed to empower organizations to securely apply advanced analyses and Artificial Intelligence to data while it is encrypted.
Deal Synopsis: Duality Technologies announced on October 5th that it has raised $30 million in Series B funding.
Investor(s): Round led by LG Technology Ventures. Commitments also came from Euclidean Capital, the National Bank of Canada’s corporate venture capital arm NAventures, Intel Capital, Hearst Ventures and Team8.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/234579-61#overview
News Article: https://member.fintech.global/2021/10/06/data-security-solution-duality-technologies-hits-series-b-close-cybertech/
Company: Eos Energy Storage
Location: Edison, NJ
Sector: Clean Technology | Eos Energy Storage develops and manufactures Znyth® aqueous zinc battery that is designed to overcome the limitations of conventional lithium-ion technology.
Deal Synopsis: Eos Energy Storage announced on October 5th that it has entered into a $25 million equipment financing agreement.
Investor(s): Trinity Capital, Inc.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/54113-50
News Release: https://investors.eose.com/news-releases/news-release-details/eos-energy-enterprises-announces-25-million-equipment-financing
*Eos Energy Storage previously benefited from the NJEDA’s Angel Investor Tax Credit Program, NOL Program, and Edison Innovation Green Growth Fund (EIGGF).
Company: Neumentum
Location: Morristown, NJ
Sector: Pharmaceuticals | Neumentum is a neurology specialty pharmaceutical company that develops and commercializes novel non-opioid pain products.
Deal Synopsis: Neumentum announced on October 20th that it had raised $13.3 million in venture funding.
Investor(s): N/A
Pitchbook Profile Page: https://www.crunchbase.com/organization/neumentum
News Release: N/A
Company: Swft (Also known as Rideswft)
Location: Edison, NJ
Sector: Computer Software | Swft operates as an electric mobility startup.
Deal Synopsis: Swft announced on October 14th that it has raised $10 million in seed financing.
Investor(s): Round was led by Martin Lauber, Mark Joseph, and David Zwick.
Crunchbase Profile Page: https://www.crunchbase.com/organization/swft
News Release: https://www.finsmes.com/2021/10/swft-raises-10m-in-seed-funding.html
Company: Volante Technologies
Location: Jersey City, NJ
Sector: Financial Services, Computer Software | Volante Technology provides cloud payments and financial messaging solutions to accelerate digital transformation.
Deal Synopsis: Volante Technologies announced on October 20th that it has received $10 million in growth funding.
Investor(s): Wells Fargo Strategic Capital
Crunchbase Profile Page: https://www.crunchbase.com/organization/volante-technologies
News Article: https://thepaypers.com/online-mobile-banking/volante-technologies-gets-usd-10-mln-investment-from-wells-fargo–1252251
Company: ContainIQ
Location: Hoboken, NJ
Sector: Information Technology | ContainIQ offers its customers Kubernetes software designed to focus on monitoring, cost optimization, and support. The company’s software offers a backend dashboard, third-party integrations, slack channel, monitoring key metrics, Kubernetes event monitoring and alerting, and other related services.
Deal Synopsis: ContainIQ announced on October 12th that it has closed on a $2.5 million round of seed funding.
Investor(s): Backers included Lachy Groom Fund, Y Combinator, Taurus Ventures, Pioneer Fund, ACTAI Ventures, and entrepreneurs including John Kim of SendBird, Michael Grinich of WorkOS, Rohit Mittal of Stilt, and others.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/458698-69
News Release: https://www.finsmes.com/2021/10/containiq-raises-2-5m-in-seed-funding.html
Company: Ladder (US)
Location: North Brunswick, NJ
Sector: Education Technology | Ladder offers an online professional community platform designed to grow the career of students and professionals.
Deal synopsis: The company announced on October 28th that it has raised $3.7 million in funding.
Investor(s): Round led by Forerunner Ventures and included Alexis Ohanian’s Seven Seven Six, Pear VC, Scribble Ventures, and Script Capital. Notable angel investors include Tony Xu (CEO of DoorDash), Josh Buckley (CEO of Product Hunt), Harry Stebbings (20VC), Matthew Dellavedova (NBA Player), Josh Elman, and executives from a16z, Facebook, Twitter, Reddit, Uber, and Robinhood.
Pitchbook Profile page: https://www.crunchbase.com/organization/ladder-129d
News Release: https://www.prnewswire.com/news-releases/ladder-announces-3-7-million-in-funding-led-by-forerunner-with-participation-from-alexis-ohanians-seven-seven-six-301410606.html
Company: Kiswe
Location: Murray Hill, NJ
Sector: Information Technology & Services | Kiswe makes live-streaming technology for sports, entertainment and video. Its cloud production platform delivers picture-in-picture viewing experiences, which allows digital viewers to switch in and out of alternative audio feeds presented by guest commentators.
Deal Synopsis: Kiswe announced on October 29th that it received an undisclosed amount in Series B1 venture funding.
Investor(s): Sony Innovation Fund
Pitchbook Profile Page: https://pitchbook.com/profiles/company/101542-42
News Article: https://venturebeat.com/2021/10/29/sony-investment-pushes-video-startup-kiswe-beyond-46m-in-funding/
*Kiswe previously benefited from New Jersey’s Angel Investor Tax Credit Program.
Mergers and Acquisitions
Company: Agilence
Location: Mount Laurel, NJ
Sector: Computer Software | Agilence offers data analytics and reporting in the retail, restaurant, grocery, convenience, and pharmacy industries.
Deal Synopsis: Cuadrilla Capital announced on October 27th that it has acquired Agilence for an undisclosed amount.
Crunchbase Profile Page: https://www.crunchbase.com/organization/agilence
News Release: https://www.prnewswire.com/news-releases/cuadrilla-capital-acquires-agilence-301409457.html
Company: EducationDynamics
Location: Hoboken, NJ
Sector: Higher Education Marketing
Deal Synopsis: EducationDynamic announced on October 7th that it has been acquired by Renovus Capital Partners for an undisclosed amount.
Crunchbase Profile Page: https://www.crunchbase.com/organization/education-dynamics
News Release: https://www.prnewswire.com/news-releases/educationdynamics-announces-its-acquisition-by-renovus-capital-partners-301395738.html
Company: MixComm
Location: Chatham, NJ
Sector: Wireless Communications | MixComm develops fabless semiconductors intended to be used in the development of different wireless applications.
Deal Synopsis: MixComm announced on October 14th that it has entered into an agreement to be acquired by Sivers Semiconductors for an initial purchase of $135 million.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/187886-89#overview
News Release: https://mixcomm.com/sivers-semiconductors-to-acquire-mixcomm-a-us-mmwave-challenger/
Company: dBmCorp
Location: Oakland, NJ
Sector: Wireless Technology |dBmCorp develops and manufactures test equipment and subsystems for the radio frequency marketplace, including wireless telecommunications, satellite systems, and military applications.
Deal Synopsis: Maury Microwave acquired dBmCorp for an undisclosed amount.
Crunchbase Profile Page: https://www.crunchbase.com/organization/dbmcorp
News Release: N/A
Company: Misfits Market
Location: Delanco, NJ
Sector: Consumer Products and Services (B2C) | Misfits Market provides subscription box services intended to reduce waste of food. The company’s box contains fresh and organic fruits and veggies which the farms and stores can’t sell, thus providing consumers with healthy food at reduced cost.
Deal Synopsis: Misfit Market announced on September 14th that it had closed on $225 million in in Series C1 funding.
Investor(s): D1 Capital Partners, Greenoaks Capital, Accel, SoftBank Vision Fund, Valor Equity Partners
Pitchbook Profile Page: https://www.crunchbase.com/organization/misfits-market
News Article: https://www.foodbusinessnews.net/articles/19620-misfits-market-eyes-expansion-with-new-funding
Company: Phathom Pharmaceuticals
Location: Florham Park, NJ
Sector: Biotechnology, Pharmaceutical | Phathom Pharmaceuticals is a late clinical-stage biopharmaceutical company committed to transforming the treatment landscape and improving the lives of patients suffering from acid-related gastrointestinal (GI) disorders.
Deal Synopsis: Phathom Pharmaceuticals announced on September 20th that it has secured a $200 million term loan facility.
Investor(s): Hercules Capital
Pitchbook Profile Page: https://www.crunchbase.com/organization/phathom-pharmaceuticals
News Release: https://investors.phathompharma.com/news-releases/news-release-details/phathom-pharmaceuticals-secures-200-million-term-loan-facility
Company: Buckle
Location: Jersey City, NJ
Sector: Financial Services | Buckle offers a digital financial services platform that serves the rising middle class and providers to the gig economy.
Deal Synopsis: Buckle announced on September 29 that it had raised $60 million in Series B funding.
Investor(s): The round was led by Volery Capital Partners. Eldridge, Assurant Ventures, HSCM and Bermuda and other investors.
Crunchbase Profile Page: https://www.crunchbase.com/organization/buckle
News Release: https://jerseydesk.com/njnews/buckle-closes-60m-in-funding-to-expand-full-stack-insurance-platform-across-us-jerseydesk-10141304
Company: TrueFort
Location: Weehawken, NJ
Sector: Cyber Security | TrueFort develops cybersecurity software products used by enterprises to protect their critical business applications on premise and in the cloud.
Deal Synopsis: TrueFort announced on September 8th that it raised $30 million in Series B funding.
Investor(s): The round was led by Shasta Ventures. Additional participants included Canaan, Ericsson Ventures, Evolution Equity Partners, Lytical Ventures and Emerald Development Managers.
Cruncbase Profile Page: https://www.crunchbase.com/organization/truefort
News Article: https://techcrunch.com/2021/09/08/truefort-snares-30m-series-b-to-expand-zero-trust-application-security-solution/
*TrueFort previously participated in the NJEDA’s NOL Program.
Company: Malbek
Location: Somerset, NJ
Sector: Artificial Intelligence | Malbek is an AI platform that provides enterprise contract lifecycle management from request, redlining, signature, and commitment tracking.
Deal Synopsis: Malbek announced on September 28th that it has raised $15.3 million in Series A funding.
Investor(s): The round was led byNoro-Moseley Partners. Osage Venture Partners and TDF Ventures also participated.
Crunchbase Profile Page: https://www.crunchbase.com/organization/malbek
News Release: https://www.prnewswire.com/news-releases/malbek-raises-15-3-million-series-a-funding-round-to-expand-its-proprietary-ai-core-contract-lifecycle-management-platform-301386637.html
*Malbek previously participated in the NJEDA’s Net Operating Loss Program.
Company: Onkos Surgical
Location: Parsippany, NJ
Sector: Medical Device | Onkos Surgical is a privately-held medical device company that brings new technology and solutions to surgical oncologists.
Deal Synopsis: Onkos Surgical announced on September 1st that it had raised $15 million in Series C funding.
Investor(s): Undisclosed
Crunchbase Profile Page: https://www.crunchbase.com/organization/onkos-surgical
News Release: https://www.finsmes.com/2021/09/onkos-surgical-raises-15m-in-series-c-funding.html
*Onkos Surgical previously benefited from New Jersey’s Angel Investor Tax Credit Program.
Company: No Brick LLC
Location: Jersey City, NJ
Sector: Food and Beverage, Marketplace, Software | No Brick offers a platform to help its clients automate their sundry and marketplace operations.
Deal Synopsis: No Brick announced on September 13th that it has raised $15 million in Series C funding.
Investor(s): N/A
Crunchbase Profile Page: https://www.crunchbase.com/organization/biftek-co
News Release: N/A
Company: Floating Point Group
Location: Summit, NJ
Sector: Cryptocurrency, Financial Technology | Floating Point Group has created a platform to enable its clients to to trade, manage, and settle cryptocurrency assets.
Deal Synopsis: On September 15th, Floating Point Group announced on September 15 that it had closed on $10 million in Series A funding.
Investor(s): Tribe Capital, Coinbase Ventures, Anthony Scaramucci, F A S T by Gettlylab, Borderless Capital, CapitalX, Formulate Ventures, and executives from GoldenTree Asset Management, HC Tech, Pythagorus Investments
Crunchbase Profile Page: https://www.crunchbase.com/organization/floating-point-group
News Release: https://www.prnewswire.com/news-releases/mit-crypto-spinout-floating-point-group-raises-10m-series-a-to-fuel-growth-301378099.html
Company: EnaChip
Location: Jamesburg, NJ
Sector: Microdevices | Enachip is a semiconductor microdevice company founded to commercialize its Wafer Level technology platform, and a new class of products that it enables: Power-Supply-on-Chip (PwrSoC) and Power-System-in-Package (PSiP).
Deal Synopsis: EnaChip announced it has raised $7.1 million in venture funds.
Investor(s): N/A
Crunchbase Profile Page: https://www.crunchbase.com/organization/enachip
News Release: N/A
Company: Moove Together
Location: Atlantic Highlands, NJ
Sector: Platform Software | Moove Together operates a team-based fitness and merchandize platform intended to offer collective fitness challenges and other sports activities.
Deal Synopsis: On September 21st Moove Together announced that it has raised in $500,000 in seed funding.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/481568-59
News Release: N/A
Company: Certara
Location: Princeton, NJ
Sector: Pharmaceuticals | Certara accelerates medicines using biosimulation software and technology to transform traditional drug discovery and development.
Deal Synopsis: Certara announced on September 20th that has been awarded an undisclosed amount of grant funding from the U.S. Food and Drug Administration (FDA).
Investor(s): Mubadala, Food and Drug Administration
Pitchbook Profile Page: https://www.crunchbase.com/organization/certara
News Release: https://ir.certara.com/news-releases/news-release-details/certara-awarded-fda-grant-further-advance-virtual-bioequivalence
Company: Med-Metrix
Location: Montvale, NJ
Sector: Health Care, Information Technology, Software |Med-Metrix provides of performance management analytics, consulting, extended business office, and revenue recovery services to the healthcare industry.
Deal Synopsis: Med-Metrix announced on September 27th that it has raised an undisclosed amount of seed funding.
Investor(s): Hackensack Meridian Health, A&M Capital Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/med-metrix
News Release: N/A
Company: ContainIQ
Location: Hoboken, NJ
Sector: Software | A software platform to monitor, optimize, and maintain kubernetes clusters.
Deal Synopsis: On September 1st, the last funding amount was undisclosed from pre-seed funding.
Investor(s): FAST — by GETTYLAB, Lorimer Ventures
Crunchbase Profile Page: https://www.crunchbase.com/organization/containiq
News Release: N/A
Mergers and Acquisitions
Company: decile.ten
Location: Bernardsville, NJ
Sector: Advertising, Marketing | Decile.ten is full-service medical communications agency that provides services to the pharmaceutical, biotechnology, and medical device industries.
Deal Synopsis: decile.ten announced on September 22nd that it was acquired by The CM Group.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/481601-44
News Release: https://finance.yahoo.com/news/cm-group-acquires-decile-ten-130000137.html
Company: Med-Metrix
Location: Parsippany, NJ
Sector: Health Care, Information Technology, Software | Med-Metrix provides performance management analytics, consulting, extended business office, and revenue recovery services to the healthcare industry.
Deal Synopsis: Med-Metrix announced on September 27 that it was acquired by Miller & Milone, P.C.
Crunchbase Profile Page: https://www.crunchbase.com/acquisition/miller-milone-p-c-acquires-med-metrix–626f9109
News Release: https://list23.com/156728-med-metrix-acquires-cash-investments-from-a-m-capital-partners-hackensack-meridian-health-and-exis/
Company: FCG Advisors
Location: Chatham, NJ
Sector: Advice, Finance, Financial Services, Service Industry |FCG Advisors offers investment advisory services.
Deal Synopsis: FCG Advisors was acquired by Mariner Wealth Advisors on September 10th.
Crunchbase Profile Page: https://www.crunchbase.com/acquisition/mariner-wealth-advisors-acquires-fcg-advisors–2e34c415
News Release: https://techstartups.com/2021/09/23/mariner-wealth-advisors-acquires-wealth-advisory-firm-fcg-advisors-closing-summer-addition-2-7-billion-assets/
Company: DOTGO
Location: Berkeley Heights, NJ
Sector: Telecommunications | DOTGO is a mobile publishing platform.
Deal Synopsis: DOTGO announced on September 23rd that it will be acquired by GupShup.
Crunchbase Profile Page: https://www.crunchbase.com/organization/dotgo
News Release: https://aithority.com/technology/sales-and-customer-support/gupshup-acquires-leading-rcs-platform-dotgo/
Company: Sapphire Digital
Location: Lyndhurst, NJ
Sector: Health Care, Internet, Wellness | Sapphire Digital is a full omnichannel digital engagement and shopping platform for consumers, employers.
Deal Synopsis: Sapphire Digital announced on September 14th that it will be acquired by Zelis
Pitchbook Profile Page: https://pitchbook.com/profiles/company/51755-59#overview
News Release: https://www.businesswire.com/news/home/20210914005350/en/Zelis-to-Acquire-Healthcare-Transparency-Leader-Sapphire-Digital
Company: Caelum Biosciences
Location: Bordentown, NJ
Sector: Biotechnology |Caelum Biosciences, Inc. is a clinical-stage biotechnology company developing treatments for AL Amyloidosis, a rare and life-threatening hematologic disorder.
Deal Synopsis: Caelum Biosciences announced on September 29th that it will be acquired by AstraZeneca for $500 million.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/184744-81
News Release: https://www.fortressbiotech.com/investors/news-events/press-releases/detail/382/fortress-biotech-announces-closing-of-acquisition-of-caelum
Company: Shift New Jersey
Location: Paramus, NJ
Sector: Education | Shift NJ is a support coordination, transition assessment, and job/college support agency.
Deal Synopsis: Shift New Jersey announced on September 1st that it will be acquired by The Columbus Organization.
Crunchbase Profile Page: https://www.crunchbase.com/organization/shift-new-jersey
News Release: https://finance.yahoo.com/news/columbus-organization-acquires-shift-jersey-140800021.html
Company: DriveWealth
Location: Chatham, NJ
Sector: Cloud Infrastructure, Financial Technology | DriveWealth is a digital trading technology company that develops cloud-based, application programming interface (API)-driven brokerage infrastructure.
Deal Synopsis: DriveWealth announced on August 20 that it had raised $450 million of Series D venture funding.
Investor(s): The round was co-led by Insight Partners and Accel. Seven other investors participated.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/58659-49
News Release: https://drivewealth.com/2021/08/20/drivewealth-series-d-funding-round/
Company: OwnBackup
Location: Englewood Cliffs, NJ
Sector: Cloud Computing, Cloud Security, Data Storage, Enterprise Software, SaaS | OwnBackup is a provider of cloud data protection and backup system for companies using Salesforce.
Deal Synopsis: OwnBackup announced on August 10 that it had raised $240 million of Series E venture funding.
Investor(s): The round was co-led by B Capital Group and Alkeon Capital Management. Insight Partners, Vertex Ventures Israel, Sapphire Ventures, and Salesforce Ventures also participated in the round.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/153138-88
News Release: https://www.ownbackup.com/newsroom/series-e-funding/
Company: Onkos Surgical
Location: Parsippany, Princeton, NJ
Sector: Healthcare (Devices and Supplies) | Onkos Surgical was founded to improve the lives of patients fighting sarcoma, a rare cancer that develops in bone and connective soft tissue.
Deal synopsis: Onkos Surgical announced on August 7 that it had raised$15 million of Series C venture funding.
Investor(s): Undisclosed.
Pitchbook Profile Page: https://pitchbook.com/profiles/company/125555-77
News Release/Article: https://www.bioworld.com/articles/510995-onkos-surgical-pins-15m-in-series-c-funding
*Onkos Surgical previously benefited from the Angel Investor Tax Credit Program
Company: Linnaeus Therapeutics
Location: Haddonfield, NJ
Sector: Biotechnology |Linnaeus Therapeutics is a development stage biotech company that develops and commercializes drugs for cancer.
Deal Synopsis: Linnaeus Therapeutics announced on August 24 they raised $4.3 from Series C funding.
Investor(s): Undisclosed
Pitchbook Profile Page: https://pitchbook.com/profiles/company/185989-69
News Release: https://pharmashots.com/61278/linnaeus-therapeutics-reports-the-expansion-of-clinical-collaboration-with-merck-to-evaluate-lns8801-keytruda-for-the-treatment-of-patients-with-advanced-cancer/
Company: Angel Medical Systems
Location: Eatontown, NJ
Sector: Medical Device | Angel Medical Systems has developed an implantable device that monitors an individual’s heart, alerting to changes often seen before, or at the onset of, a heart attack.
Deal Synopsis: The company raised $3.86 million of venture funding in the form of convertible debt.
Investor(s): Undisclosed
Pitchbook Profile Page: https://pitchbook.com/profiles/company/55785-43
News Release: N/A
*Angel Medical Systems previously participated in the NJEDA’s NOL Program.
Company: OfColor
Location: Maplewood, NJ
Sector: Finance Technology | OfColor is an enterprise financial wellness platform providing content, artificial intelligence advice, and banking tools built around how people of color save, spend, and build wealth.
Deal Synopsis: OfColor announced on August 5 that it had raised an undisclosed amount from Seed Funding.
Investor(s): Providence Strategic Growth
Pitchbook Profile Page: https://pitchbook.com/profiles/company/100386-01#overview
News Release: https://medium.com/@yemirose/ofcolor-closes-seed-financing-to-help-employees-of-color-make-and-keep-more-income-5fe4e406e150
Company: Vascular Therapies
Location: Cresskill, NJ
Sector: Pharmaceuticals | Vascular Therapies is a biopharmaceutical company that aims to improve vascular surgery outcomes in patients with kidney and vascular diseases.
Deal Synopsis: Vascular Therapies announced on August 27 that it has raised $3.75 million in debt financing funding.
Investor(s): Undisclosed
Pitchbook Profile Page: https://pitchbook.com/profiles/company/52773-40
News Release: N/A
Company: Airnoggin
Location: Paterson, NJ
Sector: Technology |Airnoggin offers safety helmets designed to encase and minimize the movement of air within the chambers during a collision.
Deal Synopsis: Airnoggin announced on August 17 that it had raised $182,501 from seed funding.
Investor(s): Undisclosed
Pitchbook Profile Page: https://pitchbook.com/profiles/company/470981-17
News Release: N/A
Mergers and Acquisitions
Company: Whittle & Mutch
Location: Mount Laurel, NJ
Sector: Food and Beverage, Food Processing, Service Industry | Whittle & Mutch is a manufacturer of flavors and extracts with all compounding and research done in-house.
Deal Synopsis: Whittle & Mutch announced on August 17 that it was being acquired by FlavorSum for an undisclosed amount.
Pitchbook Profile Page: https://www.crunchbase.com/organization/whittle-mutch
News Release: https://www.crainscleveland.com/finance/riverside-acquires-add-ons-portfolio-companies-flavorsum-certasite
Company: Achieve3000
Location: Lakewood, NJ
Sector: Education Technology | Achieve3000 delivers literacy solutions to increase reading comprehension, vocabulary and writing proficiency for school students.
Deal Synopsis: Achieve3000 announced on August 30 that it was being acquired by McGraw-Hill Education for an undisclosed amount.
Crunchbase Report: https://www.crunchbase.com/organization/achieve3000
News Release: https://aithority.com/machine-learning/neural-networks/deep-learning/mcgraw-hill-to-acquire-edtech-pioneer-achieve3000/
Company: Bridge Solutions Group
Location: Fort Lee, NJ
Sector: Consulting, Enterprise Software, Information Technology, Software, Supply Chain Management | Bridge Solutions Group is a software services company that provides supply chain technology solutions for businesses.
Deal Synopsis: Bridge Solutions Group announced on August 26 that it was being acquired by Pivotree for $6 million.
Crunchbase Report: https://www.crunchbase.com/organization/bridge-solutions-group
News Release: https://pivotree.com/newsroom/pivotree-expands-frictionless-commerce-product-portfolio-with-definitive-agreement-to-acquire-bridge-solutions-group-corp
Company: Navitas Life Sciences
Location: Princeton, NJ
Sector: Pharmaceuticals | Navitas delivers platform-driven full-service Clinical, Regulatory, and Safety solutions and services.
Deal Synopsis: Navitas Life Sciences announced on August 18 that it was being acquired by H.I.G. Capital for an undisclosed amount.
Crunchbase Report: https://www.crunchbase.com/organization/navitas-life-sciences
News Release: https://economictimes.indiatimes.com/news/company/corporate-trends/take-solutions-enters-partnership-with-h-i-g-capital-to-accelerate-growth-of-navitas-life-sciences/articleshow/85097176.cms
Company: DRG International
Location: Springfield, NJ
Sector: Medical Device | DRG International is a specialty medical diagnostics and equipment manufacturer, and distributor with operations in more than 110 countries.
Deal Synopsis: DRG International announced on August 28 that it was being acquired by BioCheck for an undisclosed amount.
Crunchbase Report: https://www.crunchbase.com/organization/drg-international
News Release: https://www.prnewswire.com/news-releases/biocheck-inc-acquires-drg-international-inc-a-leading-ivd-company-301358134.html
Company: Stonewain Systems
Location: Berkeley Heights, NJ
Sector: Computer Software | Stonewain System provides software and solutions for the securities finance industry.
Deal Synopsis: Stonewain Systems announced on August 3 that it was being acquired by EquiLend for an undisclosed amount.
Crunchbase Report: https://www.crunchbase.com/organization/stonewain-systems
News Release: https://www.equilend.com/press-releases/equilend-acquires-strategic-stake-in-stonewain-systems/
Company: Fidelis Pharmaceuticals
Location: New Brunswick, NJ
Sector: Pharmaceutical, Veterinary | Fidelis Pharmaceuticals develops and markets pharmaceutical formulations that meet specialized veterinary needs.
Deal Synopsis: Fidelis Pharmaceuticals announced on July 21 that it had raised $5.1 million.
Investors: Undisclosed
Crunchbase Profile Report: https://www.crunchbase.com/organization/fidelis-pharmaceuticals
News Article: https://www.intelligence360.news/north-brunswick-new-jersey-based-fidelis-pharmaceuticals-is-raising-5129692-00-in-new-equity-investment/
Company: HyperLinq
Location: Kearny, NJ
Sector: Financial Services | HyperLinq provides its desktop trading terminal, HyperTrader, on a monthly subscription.
Deal Synopsis: HyperLinq announced on July 6 that it had raised $125,000 in Pre-Seed funding.
Investor(s): Y Combinator, MassChallenge
Crunchbase Profile Page: https://www.crunchbase.com/organization/hyperlinq
News Release: https://hyperlinq.io/hyperlinq-is-backed-by-ycombinator/
Company: Labor First
Location: Mount Laurel, NJ
Sector: Health Care, Hospitality, Professional Services | Labor First offers group retiree Medicare benefit management solutions.
Deal Synopsis: Labor First announced on July 29 that it had raised an undisclosed amount of funding.
Investor(s): Great Hill Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/labor-first
News Release: https://www.vcaonline.com/news/news.asp?ID=2021072931
Mergers and Acquisitions
Company: Covanta
Location: Morristown, NJ
Sector: Clean Technology | Covanta is a provider of sustainable waste management services.
Deal synopsis: Covanta acquired by EQT on July 14 for $5.3 billion.
Crunchbase Profile page: https://www.crunchbase.com/organization/covanta
News Release: https://www.privateequitywire.co.uk/2021/07/15/303552/covanta-eqt-infrastructures-latest-usd53bn-green-energy-deal
Company: TransientX
Location: Hoboken, NJ
Sector: Cybersecurity | TransientX offers a product that connects local apps on devices to its servers, using isolated overlay networks built for individual users.
Deal synopsis: Deloitte announced on July 26 that it had acquired TransientX for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/transientx
News Article: https://saasindustry.com/news/deloitte-acquires-sentek-global-and-transientx-to-bolster-secure-networking-cybersecurity-offerings/
Company: Remarkety
Location: Newark, NJ
Sector: Ecommerce Marketing | Remarkety offers customers a marketing automation platform.
Deal synopsis: Namogoo announced on July 7 that it had acquired Remarkety for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/interamind-remarkety
News Article: https://www.calcalistech.com/ctech/articles/0,7340,L-3912016,00.html
Company: Universal Business Systems
Location: Somerville, NJ
Sector: Computer Software | Universal Business Systems provide distribution management software solutions.
Deal synopsis: Universal Business Systems announced on July 1 that it was merging with Distribution One for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/universal-business-systems
News Release: https://distone.com/press-release-d1-ubs/
Company: DotCom Partners
Location: Jersey City, NJ
Sector: Marketing| DotCom Partners specializes in helping brands & sellers grow on the world’s biggest online marketplaces.
Deal synopsis: DotCom Partners acquired by WhyteSpyder on July 21st for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/dotcom-partners
News Release: N/A
Company: MedEvoke
Location: Lebanon, NJ
Sector: Analytics, Marketing | MedEvoke provides of aligned, evidence-based product narrative development and analytics.
Deal synopsis: Huntworth announced on July 7 that it was acquiring MedEvoke for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/medevoke
News Article: https://aithority.com/technology/analytics/huntsworths-medistrava-acquires-medical-analytics-firm-medevoke/
Company: Alvogen
Location: Pine Brook, NJ
Sector: Pharmaceuticals | Alvogen is an international, privately-owned specialty pharmaceutical company focused on the development, manufacturing and marketing of generic pharmaceuticals, biosimilar products and over-the-counter medicines.
Deal Synopsis: Alvogen announced on June 30th that it had raised $100 million in private equity.
Investor(s): Aztiq Pharma Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/alvogen
News Release: N/A
Company: Attentive
Location: Hoboken, NJ
Sector: Information Technology | Attentive has developed a personalized mobile messaging platform designed to change the way businesses and consumers.
Deal Synopsis: Attentive announced on June 24 that it had raised $59 million in venture funding.
Investor(s): Undisclosed
Crunchbase Profile Page: https://pitchbook.com/profiles/company/113855-59
News Release: N/A
Company: Sporttrade
Location: Camden, NJ
Sector: Computer Software |Sporttrade offers a financial marketplace for sports betting.
Deal Synopsis: Sporttrade announced on June 22nd that it has raised $36 million.
Investor(s): Techstars, Jump Capital, Impression Ventures, Nasdaq Ventures, Tower Research Capital, LLC.
Crunchbase Profile Page: https://www.crunchbase.com/organization/sporttrade
News Release: https://technical.ly/philly/2021/06/24/sports-betting-sporttrade-raise/
Company: IoTecha
Location: Piscataway, NJ
Sector: Information Technologies & Services | IoTecha provides a suite of integrated products for electric vehicle smart charging and powerline communications.
Deal Synopsis: IoTecha announced on June 22nd that it had raised $13.2 million in Series B funding.
Investor(s): BP Ventures, Elitegroup Computer Systems
Crunchbase Profile Page: https://www.crunchbase.com/organization/iotecha-corp
News Release/Article: bp makes $7m investment in electric vehicle charging firm IoTecha – IoTecha
Company: Enhatch
Location: Hoboken, NJ
Sector: Information Technology & Services | Enhatch offer advanced surgical planning tools, patient-matched instrumentation from x-rays, unmatched collaboration platforms, real-time inventory visibility, and the next generation of enabling technology for surgery.
Deal Synopsis: Enhatch announced on June 22nd that it had raised $9 million.
Investor(s): AltaIR Capital, Dreamit Ventures, Floodgate, Social Starts, Newark Venture Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/enhatch
News Release: https://www.massdevice.com/ortho-surgical-software-firm-enhatch-raises-9m/
Company: Certificial
Location: Jersey City, NJ
Sector: Computer Software | Certificial offers an insurance verification platform that provides customers with the ability to monitor real-time insurance coverage.
Deal Synopsis: Certificial announced on June 8th that it had raised $5.8 million.
Investor(s): Fin Venture Capital, IA Capital Group, Cofounders Capital, Nationwide Ventures, Cameron Ventures
Crunchbase Profile Page: https://www.crunchbase.com/organization/certificial
News Release: https://www.coverager.com/certificial-raises-5-8-million/
Company: Markerr
Location: Hoboken, NJ
Sector: Information Services | Markerr offers a commercial real estate analytics platform that provides insights about people, jobs, spending, and economic trends tied to any location.
Deal Synopsis: Markerr announced on June 16th that it had raised $5 million in Series A funding.
Investor(s): RET Ventures, Continental Realty Corporation, Edward Norton, Twin Shores Capital, Joe Lettween
Crunchbase Profile Page: https://www.crunchbase.com/organization/markerr
News Release: https://www.alleywatch.com/2021/06/markerr-real-estate-intelligence-analytics-platform-economic-demographic-market-brian-lichtenberger/
Company: Ventis Medical
Location: Princeton, NJ
Sector: Medical Device | Ventis Medical is a supplier and developer of a medical devices for a low-cost, simple-to-use ventilators.
Deal Synopsis: Ventis Medical announced on June 4th that it had raised $4.1 million in equity crowd funding.
Investor(s): N/A
Crunchbase Profile Page: https://www.crunchbase.com/organization/ventis-medical
News Release: N/A
Company: AtomicJar
Location: Newark, NJ
Sector: Computer Software | Atomic Jar is developing a platform that gives software developers simpler methods for integration testing across the software development lifecycle.
Deal Synopsis: AtomicJar announced on June 25th that it had raised $4 million in seed funding.
Investor(s): Tribe Capital, Boldstart Ventures, Zane Lackey, Mike Chalfen, Guy Podjarny
Crunchbase Profile Page https://www.crunchbase.com/organization/atomicjar-inc
News Release: https://www.businesswire.com/news/home/20210625005097/en/AtomicJar-Launches-with-4M-Seed-Funding-Round-Led-by-boldstart-ventures
Company: Northpass
Location: Parsippany, NJ
Sector: Computer Software | Northpass offers a learning platform that enables organizations to train employees, customers, and channel partners.
Deal Synopsis: Northpass announced on June 15th that it had raised $4 million in venture funding.
Investor(s): Edison Partners
Crunchbase Profile Page: https://www.crunchbase.com/organization/northpass
News Release: N/A
Company: Aveta.Life
Location: Weehawken, NJ
Sector: Health Service | Aveta.Life is developing HormonometerTM to help women achieve their optimal hormonal balance.
Deal Synopsis: Aveta.Life announced on June 12 that it had raised $2.5 million in venture funding.
Investor(s): N/A
Crunchbase Profile Page: https://www.crunchbase.com/organization/aveta-life
News Release: N/A
Company: Calamu Technologies
Location: Clinton, NJ
Sector: Computer Software | Calamu is a cybersecurity startup offering next-gen resilience and near-impenetrable data protection for the enterprise.
Deal Synopsis: Calamu Technologies raised $2.4 million in seed funding on June 22nd.
Investor(s): Dell Technologies Capital
Crunchbase Profile Page: https://www.crunchbase.com/organization/calamu-technologies
News Release: https://www.prnewswire.com/news-releases/dell-technologies-capital-invests-in-calamu-for-next-gen-data-protection-301318538.html
Company: August (Personal Products)
Location: Princeton, NJ
Sector: Customer Products and Services | August operates a lifestyle brand intended to reimagine period care products. The company specializes in identifying solutions to make period care more sustainable, effective, ethical, and comfortable, enabling users to get a different period experience during their menstrual cycle.
Deal Synopsis: On June 25th August announced it has raised $1.95 million in seed funding.
Investor(s): Amy Emmerich, Bryan Mahoney, Bullish, Hannah Grey Ventures, Henry Davis, K50 Ventures, Michelle Grant, Sali Christeson, The Fund, Winston Duke
Crunchbase Profile Page: https://pitchbook.com/profiles/company/464401-36
News Release: N/A
*Company: Poppy Seed Health
Location: Jersey City, NJ
Sector: Healthcare | Poppy Seed Health develops a healthcare platform designed to offer mothers and mothers-to-be access to emotional and mental-health help on-demand. The company’s platform connects users with on-demand text access to doulas, midwives, and nurses for their pregnancy and postpartum-related assistance, thereby enabling women to receive emotional and bodily consolation throughout and after their pregnancy.
Deal Synopsis: Poppy Seed Health announced on June 9th that it has raised $1.6 million of pre-seed funding.
Investor(s): City Light Capital, Metrodora Ventures, Seven Seven Six
Crunchbase Profile Page: https://pitchbook.com/profiles/company/436964-23
News Release: https://www.businessinsider.com/poppy-seed-health-launches-app-raises-seed-funding-alexis-ohanian-2021-6#:~:text=The%20company%20is%20releasing%20its,the%20company%20tells%20Insider%20exclusively
Company: SlyceData
Location: Red Bank, NJ
Sector: Financial Services | SlyceData develops and operates a financial software designed to accelerate the investment research process by making various financial datasets work seamlessly together. The company’s platform uses a data intelligence engine to automate data ingestion, cross-vendor mapping, data management, organization and data security, thereby enabling clients to focus on their actual research and make informed investment decisions.
Deal Synopsis: On June 29th SlyceData announced the company raised $1 million in equity crowdfunding via Angel Investment Network.
Investor(s): N/A
Pitchbook Profile Page: https://pitchbook.com/profiles/company/469190-26#overview
News Release: https://www.einnews.com/pr_news/545088746/for-immediate-release-startup-technology-services-company-slycedata-corp-completes-inaugural-financing
Company: 911inform
Location: Wall, NJ
Sector: Information Technology | 911inform develops a notification and security management platform intended to bridge the gap between first-responders and organizations during an emergency situation.
Deal Synopsis: 911inform announced on June 14th that it has raised $550,000 in angel funding.
Investor(s): N/A
Crunchbase Profile Page: https://pitchbook.com/profiles/company/467526-07#overview
News Release: N/A
Company: MemoryOS
Location: Somerset, NJ
Sector: Education Technology | MemoryOS is developing innovative gamified e-learning software to help people significantly improve their memory.
Deal Synopsis: MemoryOS announced on June 14th that it had raised $385,000 via Kickstarter.
Investor(s): Bas Godska
Crunchbase Profile Page: https://www.crunchbase.com/organization/encoder-inc
News Release: https://www.finsmes.com/2021/06/memoryos-raises-350k-in-funding.html
Company: Optimeos Life Science
Location: Princeton, NJ
Sector: Healthcare | Developer of an encapsulation technology designed to enable the use of biologics, peptides, and RNA to treat disease. The company’s technology addresses current issues with many biologics and peptide therapeutics, by protecting and delivering agents to their intended targets within the body, enabling patients with sustained delivery of peptide therapeutics using nano-composite microparticles.
Deal Synopsis: Optimeos Life Science announced on June 1st that it had raised $175,000 of venture funding in the form of convertible debt from undisclosed.
Investor(s): IP Group North America, National Science Foundation
Crunchbase Profile Page: https://pitchbook.com/profiles/company/186401-53
News Release: N/A
Company: Hudson Space Systems
Location: Hoboken, NJ
Sector: Business Products and Services | Provider of microgravity research services intended to accelerate the speed of scientific advancement. The company’s service offerings include frequent sub-orbital launches, bespoke payload integration, end-to-end logistics and reasonable pricing through reusable launch vehicles, thereby enabling small businesses and research groups to flexibly perform microgravity research based on their requirements.
Deal Synopsis: Hudson Space Systems announced on June 7th that it had raised $152,000 in equity crowdfunding.
Investor(s): N/A
Crunchbase Profile Page: https://pitchbook.com/profiles/company/439544-71
News Release: N/A
Company: Doceree
Location: Parsippany, NJ
Sector: Marketing & Advertising | Doceree is a fully integrated programmatic ad exchange for data-driven marketing, exclusively to physicians.
Deal Synopsis: Doceree announced on June 28th that it raised an undisclosed amount of seed funding.
Investor(s): Ajai Joneja, Harsh Gupta, Gaurav Kumar, Debasish Hota
Crunchbase Profile Page: https://www.crunchbase.com/organization/doceree
News Release/Article: https://aithority.com/technology/native-and-programmatic-advertising/doceree-closes-pre-series-a-funding-round/
Mergers and Acquisitions
Company: HireLifeScience
Location: Roosevelt, NJ
Sector: Marketing and Advertising | HireLifeScience is an career resource and networking tool to help job seekers find life science jobs in the pharmaceutical and medical device industries.
Deal synopsis: HireLifeScience was acquired by Aequor Technologies on June 2nd.
Pitchbook Profile page: https://pitchbook.com/profiles/company/467924-41#overview
News Release: https://www.prnewswire.com/news-releases/aequor-technologies-announces-acquisition-of-hirelifesciencecom-301313588.html
Company: BrainScale
Location: Princeton, NJ
Sector: Information Technology & Services| Brainscale offers cloud consulting, enablement, application development and data analytics.
Deal synopsis: BrainScale announced on June 28th that it was being acquired by Tech Mahindra for $28.8 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/284355-91
News Release/Article: https://www.vccircle.com/tech-mahindra-acquires-us-cloud-consulting-firm-brainscale/
Company: Io-Tahoe
Location: Jersey City, NJ
Sector: Computer Software | Io-Tahoe is a big data management solution company with expertise in data science, analytics and systems architecture.
Deal synopsis: Hitachi Vantara announced on June 23rd that it was acquiring Io-Tahoe.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/hitachi-vantara-acquires-io-tahoe–a7db6e0b
News Release: https://aithority.com/it-and-devops/data-management/hitachi-vantara-enhances-lumada-with-the-acquisition-of-smart-data-management-company-io-tahoe/
Company: PEF Services
Location: West Orange, NJ
Sector: Financial Services | PEF Services provides high quality, high touch Fund Administration solutions.
Deal synopsis: CSC Global Financial Markets announced on June 3rd that it was acquiring PEF Services.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/csc-global-financial-markets-acquires-pef-services–1fdc9984
News Release: https://venturebeat.com/2021/06/03/csc-global-financial-markets-acquires-pef-services-llc-transaction-expands-fund-services-capabilities-serving-private-capital-in-the-u-s/
Company: Everything Benefits
Location: New Providence, NJ
Sector: Information Technology and Services | EverythingBenefits is a developer of a cloud-based business software used to help businesses increase profits.
Deal synopsis: UKG announced on June 2nd that it was acquiring Everything Benefits.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/ukg-acquires-everythingbenefits–1e04e1a2
News Release: https://www.hcamag.com/ca/specialization/hr-technology/ukg-acquires-benefits-tech-platform-everythingbenefits/256892
Company: KDC Solar
Location: Bedminster, NJ
Sector: Clean Energy| KDC Solar focuses on net metered facilities for commercial, industrial and institutional solar industry.
Deal synopsis: CI Renewables announced on June 14th that it was acquiring KDC Solar
Crunchbase Profile page: https://www.crunchbase.com/acquisition/ci-renewables-acquires-kdc-solar–aa88aa1e
News Release: https://pv-magazine-usa.com/2021/06/14/ci-renewables-acquires-kdc-solar/
Company: Marco Consulting
Location: Parsippany, NJ
Sector: Financial Services | Macro Consulting delivers financial planning, wealth and investment management services.
Deal synopsis: Wealth Enhancement Group announced on June 10th that it was acquiring Marco Consulting
Crunchbase Profile page: https://www.crunchbase.com/acquisition/wealth-enhancement-group-acquires-macro-consulting–4816b46a
News Release: https://www.wealthadviser.co/2021/06/11/301749/wealth-enhancement-group-acquires-macro-consulting-group
Company: BP Controls
Location: Manalapan, NJ
Sector: Industrial Automation | BP Controls designs, engineers, and integrates controls systems and warehouse control software for warehouse automation applications.
Deal synopsis: Hy-Tek announced on June 25th that is was acquiring BP Controls
Crunchbase Profile page: https://www.crunchbase.com/acquisition/hy-tek-material-handling-acquires-bp-controls–12fb6677
NewsRelease: https://www.themiddlemarket.com/latest-news/hy-tek-backed-by-dunes-point-buys-bp-controls-and-nogol-electric
Company: Nomadic
Location: Newark, NJ
Sector: Information Technology & Services | Nomadic is creating the world’s leading Business Visa and Document Procurement company, the next generation Business Visa experience.
Deal synopsis: Fragomen announced on June 3rd that they were acquiring Nomadic.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/fragomen-2-acquires-nomadic-7029–38116d37
NewsRelease: https://www.fragomen.com/about/news/fragomen-acquires-nomadic-deliver-innovative-business-visa-solution-clients
Company: Metropolitan Craniofacial Center
Location: West Orange, NJ
Sector: Health Care Services|Metropolitan Craniofacial Center practice the full scope of oral and maxillofacial surgery with expertise in all dental problems.
Deal synopsis: Riverside Oral Surgery announced on June 14th that it will be acquiring Metropolitan Craniofacial Center.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/riverside-oral-surgery-acquires-metropolitan-craniofacial-center–1ffda717
NewsRelease: https://www.prnewswire.com/news-releases/riverside-oral-surgery-acquires-metropolitan-craniofacial-center-pa-301318777.html
Company: Shehadi
Location: Fairfield, NJ
Sector: Financial Services | Shehadi provides residential and commercial flooring solutions to the healthcare, multi-family, educational, corporate.
Deal synopsis: Lynx Equity announced on June 10th that it would be acquiring Shehadi.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/lynx-equity-acquires-shehadi–dd677463
News Release: https://www.pehub.com/lynx-buys-flooring-company-shehadi/
Company: Riggs Distler Company
Location: Cherry Hill, NJ
Sector: Real Estate Services | Riggs Distler Company is a construction company specializing in construction and maintenance services.
Deal synopsis: Centuri Construction Group, Inc. acquired Riggs Distler Company on June 29th.
Crunchbase Profile page: https://www.crunchbase.com/acquisition/centuri-construction-group-inc-acquires-riggs-distler-company–bdf8d58d
News Release: https://www.prnewswire.com/news-releases/centuri-group-to-acquire-riggs-distler-strengthening-the-companys-position-as-a-leader-in-north-american-utility-infrastructure-services-301321842.html
Company: Axtria
Location: Berkeley Heights, New Jersey
Sector: Analytics, Big Data, Cloud Data Services, Life Science | Axtria is a big data analytics software and services company for the Life Sciences industry.
Deal synopsis: Axtria announced on May 13th that the company had raised $150 million in venture funding.
Investor(s): Bain Capital Tech Opportunities, Helion Venture Partners, Richard Braddock, Deshpande Foundation, Fred Khosravi
Pitchbook Profile page: https://pitchbook.com/profiles/company/61039-00
News Release: Axtria Secures $150 Million Growth Investment from Bain Capital Tech Opportunities
Company: Transcend Software
Location: Princeton, New Jersey
Sector: Environmental Engineering, SaaS, Software | Transcend is SaaS provider of engineering automation tools to the global engineering, construction, technology/OEM, and utility sectors
Deal synopsis: Transcend Software announced on May 12th the company had raised $10 million in venture funding.
Investor(s): International Finance Corporation, Idinvest Partners, HG Ventures, CITIC Capital Holdings, Aspen Capital Group
Pitchbook Profile page: https://pitchbook.com/profiles/company/437596-84#overview
News Release: Transcend raises $10m for SaaS water design platform
Company: Svelte Medical Systems
Location: New Providence, New Jersey
Sector: Health Care, Medical, Medical Device | Svelte Medical Systems is a healthcare company engaged in the design and development of highly deliverable balloon expandable stents.
Deal synopsis: Svelte Medical Systems announced on May 6th that the company had raised $5.4 million in venture funding.
Investor(s): New Science Ventures, Norwich Ventures, CNF Investments, LLC, West Health Investment Fund, Apjohn ventures
Pitchbook Profile page: https://pitchbook.com/profiles/company/42857-65
News Release: N/A
Company: Fleeting
Location: Kearny, New Jersey
Sector: Logistics, Supply Chain Management, Transportation | Fleeting is a digital network of freight and trucks open to over 3.5M drivers across America.
Deal synopsis: Fleeting announced on May 10th that the company had raised $500,000 in seed funding.
Investor(s): HATCHER+, Quake Capital Partners, Lockstep Ventures, Bay Wharf Capital, Kyrie Irving
Pitchbook Profile page: https://pitchbook.com/profiles/company/268024-24
News Release: Fleeting, a Black-Owned Commercial Trucking and Fleet Management Company, Receives $500,000 Investment from NBA Star Kyrie Irving and New Fund Lockstep Ventures
Company: Hostify
Location: Jersey City, New Jersey
Sector: Blockchain, Cryptocurrency, Internet of Things | Hostify is a LoRaWAN gateway distributor that focuses on building decentralized internet for low-powered sensors and smart devices.
Deal synopsis: Hostify announced on May 1st that the company had raised $75,000 in pre-seed funding.
Investor(s): N/A
Pitchbook Profile page: N/A
News Release: N/A
Company: Helix Wireless
Location: Kearny, New Jersey
Sector: B2B, B2C, Internet of Things, Telecommunications | Helix is a B2B and IoT MVNO delivering a global cellular connectivity to consumers and businesses of all sizes.
Deal synopsis: Helix Wireless announced on May 26th that the company had raised an undisclosed amount of seed funding.
Investor(s): Ray Padron
Pitchbook Profile page: N/A
News Release: N/A
Company: Replication Medical
Location: Cranbury, New Jersey
Sector: Medical Device | Replication Medical is a medical device company focused on solutions for the treatment of low back pain caused by degenerative disc disease.
Deal synopsis: Replication Medical announced on May 1st that the company had raised an undisclosed amount of convertible note funding.
Investor(s): N/A
Pitchbook Profile page: https://pitchbook.com/profiles/company/54045-01
News Release: N/A
Mergers and Acquisitions
Company: Bentley Laboratories
Location: Edison, New Jersey
Sector: Consumer Goods, Manufacturing, Market Research | Bentley Laboratories company focused on the formulation and outsourced manufacturing of products.
Deal synopsis: THG announced on May 12th that the company was acquiring Bentley Laboratories for $225 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/150787-27
News Release: THG to Acquire Bentley Laboratories
Company: Grace Therapeutics
Location: East Brunswick, New Jersey
Sector: Biotechnology, Health Care, Medical, Medical Device, Pharmaceutical | Grace Therapeutics is a pharmaceutical company that focuses on drug delivery treatment for rare and orphan diseases.
Deal synopsis: Acasti Pharma announced on May 7th that the company was acquiring Grace Therapeutics for $64 million.
Pitchbook Profile page: N/A
News Release: Acasti Announces Definitive Agreement to Acquire Grace Therapeutics, Inc.
Company: Visikol
Location: Whitehouse Station, New Jersey
Sector: Analytics, Biotechnology, Developer Tools, Information Technology, Neuroscience | Visikol is a contract research organization focused on digital pathology, 3D tissue imaging and 3D cell culture assays and models.
Deal synopsis: CELLINK announced on May 20th that the company was acquiring Visikol for $7.5 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/154319-59
News Release: Visikol Joins Cellink
Company: TruMethods
Location: Moorestown, New Jersey
Sector: Information Technology | TruMethods is a providing proven, repeatable process that perfects leadership, solution packaging, sales processes.
Deal synopsis: IT Glue announced on May 4th that the company was acquiring TruMethods for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/346801-06
News Release: IT Glue and TruMethods Join to Become MSP Vendor Powerhouse
Company: Catalogic ECX
Location: Woodcliff Lake, New Jersey
Sector: Data Storage, Software | Catalogic ECX is a copy Data Management for Nimble Storage.
Deal synopsis: IBM announced on May 25th that the company was acquiring Catalogic ECX for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/466744-24
News Release: N/A
Company: jaccomo
Location: Shrewsbury, New Jersey
Sector: Analytics, Sales Automation, Software | jaccomo offers a secure, industrial-strength back and front office system for financial services firms.
Deal synopsis: Docupace announced on May 20th that the company was acquiring jaccomo for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/435354-04
News Release: Docupace Acquires Compliance and Advisor Compensation System jaccomo
Company: American Bionostica
Location: Swedesboro, New Jersey
Sector: Medical, Medical Device | American Bionostica is a developed quantitative lateral flow assay utilizing colloidal gold conjugates and latex microspheres.
Deal synopsis: Ott Scientific announced on May 10th that the company was acquiring American Bionostica for an undisclosed amount.
Pitchbook Profile page: N/A
News Release: Ott Scientific Announces Acquisition of American Bionostica
Company: Valentus Specialty Chemicals
Location: North Brunswick, New Jersey
Sector: Chemical | A Detroit-based coatings company owned by Huron Capital Partners.
Deal synopsis: SK Capital Partners announced on May 27th that the company was acquiring Valentus Specialty Chemicals for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/62991-46
News Release: SK Capital Announces Acquisition of Canlak and Valentus Specialty Chemicals
Company: Parilux
Location: Edison, New Jersey
Sector: Information Services, Software | Parilux offers software and outsourced middle office administration solutions.
Deal synopsis: Northern Trust announced on May 6th that the company was acquiring Parilux for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/233870-41#overview
News Release: Northern Trust Completes Acquisition of Parilux Investment Technology
Company: Axia Women’s Health
Location: Voorhees, New Jersey
Sector: Health Care, Hospital, Wellness | Axia Women’s Health provides high-quality, lifetime healthcare for women.
Deal synopsis: Partners Group announced on May 5th that the company was acquiring Axia Women’s Health for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/178874-74
News Release: Partners Group to acquire Axia Women’s Health, a leading US provider of women’s healthcare services
Company: CS Energy
Location: Edison, New Jersey
Sector: Energy, Renewable Energy, Solar | CS Energy is an industry-leading solar power and energy storage development, EPC, and O&M company.
Deal synopsis: American Securities announced on May 4th that the company was acquiring CS Energy for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/227769-94#overview
News Release: CS Energy Announces Closing of Acquisition by American Securities
Company: Freehold Physical Therapy LLC
Location: Freehold, New Jersey
Sector: Medical, Personal Health, Therapeutics | Freehold Physical Therapy LLC provides patients with effective and high-quality physical therapy treatments.
Deal synopsis: Professional Physical Therapy announced on May 18th that the company was acquiring Freehold Physical Therapy LLC for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/255875-68
News Release: N/A
Company: The Avoca Group
Location: Princeton, New Jersey
Sector: Clinical Trials, Consulting, Life Science | The Avoca Group provides tech-enabled services focused on improving quality and compliance in clinical trial execution.
Deal synopsis: WIRB – Copernicus Group announced on May 11th that the company was acquiring The Avoca Group for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/128954-80
News Release: WCG Acquires The Avoca Group
Company: Adapty
Location: Cranford, New Jersey
Sector: Consulting, E-Commerce, Information Services, Information Technology, Mobile Apps, Software | Adapty is a leading digital commerce company with offices in USA, UAE and India.
Deal synopsis: Apexon announced on May 6th that the company was acquiring Adapty for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/280530-10
News Release: Apexon strengthens its Digital Experience capability with the acquisition of Adapty
Company: Misfits Market
Location: Delanco, NJ
Sector: Consumer Products and Services (B2C) | Misfits Market provides subscription box services intended to reduce waste of food. The company’s box contains fresh and organic fruits and veggies which the farms and stores can’t sell, thus providing consumers with healthy food at reduced cost.
Deal synopsis: The company raised $200 million of Series C venture funding on April 21th.
Investor(s): Accel, Blue Collective, Chapter One Ventures, D1 Capital Partners, ESAS Ventures, Escondido Ventures, Greenoaks Capital Partners, Nathaniel Turner, Soma Capital, Sound Ventures, Third Kind Venture Capital, Valor Equity Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/265766-05#overview
News Release: Discount grocery startup Misfits Market raises $200M
Company: Edda Technology
Location: Princeton, NJ
Sector: Healthcare | Edda Technology develops computer-assisted radiology technology designed to enhance efficiency and effectiveness in imaging-guided cancer treatment. The company’s technology offers an IQQA platform that supports a patient-specific, disease-targeted and multi-disciplinary approach to cancer treatment as well as a fully quantitative, real-time interactive approach to imaging analysis stimulation and guidance, enabling physicians to use advanced clinical applications, including 3D quantitative analysis and visualization, automated volumetric organ segmentation and virtual planning and treatment simulation.
Deal synopsis: The company raised $150 million of venture funding on April 7th.
Investor(s): 3W Partners Capital, Draper Dragon, Guo-Qing Wei, Matrix Partners China, OrbiMed, U.S. Department of Health and Human Services, VisionFund International
Pitchbook Profile page: https://pitchbook.com/profiles/company/57498-31
News Release: EDDA Technology Announces US$150 Million Financing Round, led by Softbank Vision Fund 2, with OrbiMed Participation, to Advance Intelligent Robotic Solutions for Precision Surgery
Company: Modern Meadow
Location: Nutley, NJ
Sector: Healthcare | Modern Meadow develops biofabricated leather materials designed to offer animal-free leather made from living cells. The company’s materials harness the power of design, biology and engineering to deliver enhanced material performance and sustainability compared to traditional materials, enabling customers to get modified leather products without harming animals.
Deal synopsis: The company raised $130 million of Series C venture on April 28th.
Investor(s): Activate Venture Partners, Anthony Fadell, ARTIS Ventures, Astanor Ventures, Black Point Group, Breakout Labs, Breakout Ventures, Cape Capital, Cap-Meridian Ventures, Collaborative Fund, Eudaimonia Capital, Evonik Venture Capital, Future Shape, H/L Ventures, Horizons Ventures, ICONIQ Capital, Interplay Ventures, Key Partners Capital, KG Investments, National Institute of Food and Agriculture, Network Society Ventures, Peter Kellner, Red Swan Ventures, Sequoia Capital, Singularity University, Temasek Holdings, Ulu Ventures, Vision Ventures
Pitchbook Profile page: https://pitchbook.com/profiles/company/56303-65
News Release: Modern Meadow Closes $130 Million Series C Funding, Names Anna Bakst CEO
Company: Solidia Technologies
Location: Piscataway Township, NJ
Sector: Business Products and Services (B2B) | Solidia Technologies develops cement and concrete technology processes offering patented green solutions intended to develop sustainable and green technologies. The company’s technology incorporates artificial intelligence into concrete production which allows a reduction in wastage, improvement in quality control and system optimization, helping clients to minimalize their carbon emission and reduce carbon footprint.
Deal synopsis: The company raised $78 million of venture funding on April 29th.
Investor(s): Air Liquide Venture Capital, BASF Venture Capital, BP Ventures, Breakthrough Energy Ventures, Bright-Capital, Canada Pension Plan Investment Board, EmergingISV Capital Partners, Emissions Reduction Alberta, Imperative Science Ventures, Incite Ventures (Burlingame), Kleiner Perkins, L. John Doerr, Lafarge, OGCI Climate Investments, Piva Capital, Prelude Ventures, Total Carbon Neutrality Ventures, William Joy, Zero Carbon Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/53758-54
News Release: Solidia Technologies Closes $78 Million Fundraise and Names Bryan Kalbfleisch CEO
*Solidia Technologies previously participated in the NJEDA’s NOL Program.
Company: Infiniti Energy
Location: Howell, New Jersey
Sector: Renewable Energy | Infiniti Energy is a solar developer providing large scale solar energy solutions.
Deal synopsis: The company raised $60 million of development capital on April 7th.
Investor(s): Upper Bay Infrastructure Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/464439-97
News Release: Upper Bay commits $60 million to Infiniti’s solar development plans, forms Infiniti Energy
Company: Brella Insurance
Location: Hoboken, New Jersey
Sector: Financial Services, Insurance, InsurTech | Brella Insurance is an insurance technology company that provides financial support to people with health recovery.
Deal synopsis: The company raised $15 million in Series A funding on April 22.
Investor(s): Fidelity Security Life Insurance Company, Alumni Ventures Group, Founder Collective, SixThirty, Two Sigma Ventures
Pitchbook Profile page: https://pitchbook.com/profiles/company/431227-18#overview
News Release: Brella Insurance Raises $15M Series A to Fund National Expansion of Supplemental Health Insurance Solution
Company: Kitchen Stadium
Location: Jersey City, New Jersey
Sector: Delivery, Hospitality, Restaurants | Kitchen Stadium is the parent company for STADIUM and SnackMagic.
Deal synopsis: The company raised $15 million in Series A funding on April 9.
Investor(s): Snackmagic
Pitchbook Profile page: https://pitchbook.com/profiles/company/234556-39
News Release: SnackMagic Secures $15 Million to Scale Personalized Snack Box Company
Company: Avibra
Location: Iselin, NJ
Sector: Financial Services | Avibra develops social applications designed to reward good habits with life insurance coverage. The company’s platform provides holistic well-being benefits to improve individual overall well-being and uses data science and machine learning to track and reward individual good habits with life insurance coverage, enabling customers to increase good habits in a fruitful way.
Deal synopsis: The company raised an estimated $7 million of Seed-1 funding on April 13th.
Investor(s): Brewer Lane Ventures, PruVen Capital
Pitchbook Profile page: https://pitchbook.com/profiles/company/267147-73
News Release: N/A
Company: Benqi
Location: Newark, NJ
Sector: Information Technology | Benqi develops algorithmic liquidity market protocols intended to effortlessly lend, borrow, and earn interest with their digital assets. The company provides a protocol on a highly scalable and decentralized platform with a focus on approachability, ease of use, and low fees, democratizing access to decentralized financial products by providing permissionless lending and borrowing, thereby enabling traders to instantly supply to and withdraw liquidity from a shared liquidity market.
Deal synopsis: The company raised $6 million of venture funding on April 14th.
Investor(s): Arrington XRP Capital, Ascensive Assets, AVA Labs, Dragonfly Capital Partners, Genblock Capital, Genesis Block Ventures, Mechanism Capital, Moon Inc, Morningstar Ventures, Rarestone Capital, Skynet Trading, Spartan Group, TRGC, Woodstock Fund
Pitchbook Profile page: https://pitchbook.com/profiles/company/464363-20
News Release: BENQI Completes $6 Million Funding Round Led by Ascensive
Company: Ascendia Pharmaceuticals
Location: North Brunswick, New Jersey
Sector: Biotechnology, Health Care, Pharmaceutical | Ascendia Pharmaceuticals offers a comprehensive suite of pre-formulation for preclinical- and clinical-stage drug candidates.
Deal synopsis: The company raised $5 million of development capital on April 8th.
Investor(s): Signet Healthcare Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/142799-68
News Release: Ascendia Pharmaceuticals Secures Growth Equity Investment from Signet Healthcare Partners
*Ascendia Pharmaceuticals is a tenants at the NJEDA’s Bioscience Center and previously participated in New Jersey Founders & Funders.
Company: RICOVR Healthcare
Location: Princeton, NJ
Sector: Healthcare | RICOVR Healthcare develops saliva-based testing devices designed for rapid-results testing with true portability and ease of use. The company’s patented biosensor platform uses a small drop of saliva to provide high-quality, cost-effective results in approximately five minutes, enabling employers, healthcare systems, and law enforcement to access non-invasive testing devices.
Deal synopsis: The company raised $4.3 million through the combination of debt and Seed funding on April 19th.
Investor(s): Achari Ventures, Floret Ventures, HALLEY Venture Partners, New Jersey Economic Development Authority
Pitchbook Profile page: https://pitchbook.com/profiles/company/431682-22
News Release: N/A
*RIVOVR Healthcare previously benefited from the NJ Entrepreneur Support Program.
Company: Leap (Information Services)
Location: Jersey City, NJ
Sector: Consumer Products and Services (B2C) | Leap develops real-estate platforms created to help underqualified individuals gain access to sought-after apartments. The company offers an artificial intelligence-driven platform and allows for a quick and thorough vetting of potential residents, enabling people to get access to new and better options when choosing an apartment and neighborhood, and allowing landlords to expand their pool of qualified tenants.
Deal synopsis: The company raised $2.83 million of venture funding on April 23th.
Investor(s): Greenlight Capital Re
Pitchbook Profile page: https://pitchbook.com/profiles/company/266484-07
News Release: N/A
*Leap previously participated in the NJEDA’s Angel Investor Tax Credit Program.
Company: Calamu
Location: Clinton, NJ
Sector: Information Technology | Calamu develops cybersecurity software designed to protect against data loss. The company’s platform protects data from hackers, simplifies the difficulty of many regulatory requirements as well as eliminates the risk of a data breach, enabling clients to maintain complete ownership of their data, preventing unauthorized access, and simplifying regulatory requirements around data privacy and protection.
Deal synopsis: The company raised $2.4 million of seed funding on April 6th.
Investor(s): John Stewart, Jumpstart NJ Angel Network, Louis Ryan
Pitchbook Profile page: https://pitchbook.com/profiles/company/342994-06#overview
News Release: Calamu Raises $2.4 Million Seed to Pioneer Auto-Healing Data Protection; Launches Advisory Board and Expands Board of Directors
Company: Plum Life
Location: Warren, NJ
Sector: Insurance | Plum Life offers an agent-only digital experience designed to simplify the entire process of selling life insurance from quoting to application and to issue. Designed especially for the life insurance industry, Plum Life’s integrated platform combines the capabilities of a modern technology company and the personal attention and service of an advisor.
Deal Synopsis: Plum Life announced that closed a $2.45 million seed round on an undisclosed date.
Investor(s): Round led by Sonostar Ventures
Pitchbook Profile Page: https://pitchbook.com/profiles/company/481821-22
News Release: https://www.helloplum.com/news-and-articles/plum-life-raises
Company: Hoodle
Location: Manalapan, NJ
Sector: Information Technology | Hoodle provides video communication applications intended to connect people through small group video calls. The company’s application organizes small group video calls led by brands, influencers, and interesting people, enabling users to participate and communicate with different people in real-time and exchange views and information in their groups.
Deal synopsis: The company raised $2.28 million of Series 1 seed funding on April 7th.
Investor(s): Olive Tree Capital
Pitchbook Profile page: https://pitchbook.com/profiles/company/462800-62#overview
News Release: N/A
Company: Fabalish
Location: Wallington, NJ
Sector: Consumer Products and Services (B2C) | Fabalish produces plant-based and allergen-friendly foods intended to allow individuals to live healthier lives that are balanced with nature. The company offers baked falafels, sauces and dips which use chickpeas and aquafaba (chickpea water) instead of conventional ingredients, enabling customers to procure healthy and organic food options.
Deal synopsis: The company raised $525,000 of venture funding in the form of SAFE notes on April 29th.
Investor(s): Astralabs, Lacebark Investments
Pitchbook Profile page: https://pitchbook.com/profiles/company/438467-05#overview
News Release: N/A
Company: AmpaCash
Location: Marlboro, NJ
Sector: Information Technology | AmpaCash develops micropayment technology designed to make purchases online, and remote mobile purchasing from a screen. The company’s mobile application supports real-time p2p and p2bank money transfers, its platform is linked to a prepaid card which the users can use to shop in-store, enabling merchants to generate revenues from online content sales through micropayments.
Deal synopsis: The company raised $370,000 of angel funding on April 5th.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/464037-94#overview
News Release: N/A
Company: Siscale
Location: Roseland, NJ
Sector: Information Technology | Siscale provides automation and big data analytics services intended to offer customized solutions for decision making and business growth. The company offers a threat intelligence solution that is both scalable and leverages advanced analytics as well as manages artificial intelligence for IT operations (AIops) adoption using big data and machine learning, enabling businesses to gather data from infrastructure, applications and security tools and devices with automation capabilities.
Deal synopsis: The company raised approximately $322,000 in Euros in equity crowd funding in the form of SAFE Notes via SeedBlink as of April 26th.
Investor(s): Orange Fab
Pitchbook Profile page: https://pitchbook.com/profiles/company/438803-11#overview
News Release: N/A
Company: Portable EMR Solutions
Location: East Brunswick, NJ
Sector: Healthcare | Portable EMR Solutions develops healthcare software solutions designed to bring robust and cost-effective solutions to large and complex problems in the healthcare industry with a combination of medical, healthcare, and information technology expertise. The company’s products include a smart card, EMR integrations, secure cloud backup, and EMR portability. The company provides a mobile app and a platform for patients enabling them to aggregate their electronic medical records in one place and for doctors to see them in one place.
Deal synopsis: The company closed on $100,000 of venture funding on an undisclosed date.
Investor(s): Mahmood Mosaddeghi, Hesham Mohamed, Ravi Gangavali, Jeremy Baron, Harald Kiamzon
Pitchbook Profile page: N/A
News Release: N/A
Company: Streamport
Location: Randolph, NJ
Sector: Consumer Products and Services (B2C) | Streamport provides online video streaming platform intended to revolutionize live video content. The company offers an all-in-one application with unlimited content with a huge variety that can be accessed on different devices, enabling users to access vast amounts of video content, live and on-demand, on their internet.
Deal synopsis: The company closed on $72,050 out of a planned $1.07 million of equity crowdfunding in the form of SAFE notes via Wefunder as of April 8th.
Investor(s): Marin Mihaela
Pitchbook Profile page: N/A
News Release: N/A
Company: Signal Insights
Location: North Caldwell, NJ
Sector: Consumer Products and Services (B2C) | Signal Insights develops news update platforms designed to monitor the client and industry news, key website changes, press releases, and blog posts. The company’s platform includes crawling the web to find news articles about various industries, comes up with google news alert, social accounts, also provides filtering of news articles according to a user’s preference, enabling users to get client and industry news, key website changes, press releases, blog posts, and social media posts in a single click.
Deal synopsis: The company raised $63,700 of angel funding on April 21th.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/442603-90
News Release: N/A
Company: Solar Intermodal
Location: Roseland, NJ
Sector: Energy | Solar International develops technology products designed for the transition to carbon-less fuels. The company focuses on facilitating the transitional economy from carbon-based fuels to the new climate economy through simple implementation of existing technologies in industrial and commercial applications, enabling clients to reduced fuel costs, and support hydrogen production.
Deal synopsis: The company raised $38,000 of angel funding on April 5th.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/464033-89#overview
News Release: N/A
Company: Ilekun Health
Location: Hillsdale, NJ
Sector: Healthcare | Ilekun Health develops healthcare applications intended to empower people to make smarter decisions around their health with smart technology. The company’s application utilizes artificial intelligence to glean insight around provider quality, services offered, and cash price from a complex deluge of unstructured health data, enabling patients to make health-related decisions.
Deal synopsis: The company raised $37,500 of angel funding on April 19th.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/465198-13#overview
News Release: N/A
Company: GlydeApp
Location: Newark, NJ
Sector: Consumer Products and Services (B2C) | GlydeApp provides contactless dining experience intended to maintain hygiene and ease payments. The company’s application provides diners instant access to curated menus and flexible and easy ordering and payment options by focusing on data-driven engagement, thereby giving restaurants the ability to market back to their patrons, understand what works best for their business, and increase check sizes.
Deal synopsis: The company raised an undisclosed amount of Series 1 venture funding on April 21th.
Investor(s): Asymmetry Ventures, Permian Bank Capital, Village Global
Pitchbook Profile page: https://pitchbook.com/profiles/company/462014-02
News Release: GlydeApp, Inc. Raises Funding from Village Global to Expand Use of its Contactless Dining Platform
Company: GETIDA
Location: Teaneck, NJ
Sector: Information Technology | GETIDA develops refund-recovery and inventory management systems intended for third-party Amazon sellers using Amazon Fulfillment Services. The company’s platform specializes in Amazon Fulfillment By Amazon discrepancy analytics, financial recovery and utilizes proprietary auditing technology to discover, manage and keep track of inventory transactions, refunds, and claims, enabling organizations to improve their overall performance.
Deal synopsis: The company raised an undisclosed amount of angel funding on April 7th.
Investor(s): Eytan Wiener
Pitchbook Profile page: https://pitchbook.com/profiles/company/464123-17
News Release: N/A
Mergers and Acquisitions
Company: The Bountiful Company
Location: Florham Park, NJ
Sector: Consumer Products and Services (B2C) | The Bountiful Company manufactures and distributes nutritional supplements. The company specializes in offering a range of products including vitamins, minerals, herbs, sport, active nutrition and supplement products.
Deal synopsis: The company reached a definitive agreement to be acquired by Nestlé Health Science, a subsidiary of Nestlé (SWX: NESN), for $5.75 billion on April 30th.
Pitchbook Profile page: https://pitchbook.com/profiles/company/14172-85
News Release: Nestlé to acquire core brands of The Bountiful Company, expands health and nutrition portfolio
Company: Airtech Group
Location: Rutherford, NJ
Sector: Business Products and Services (B2B) | Airtech Group manufactures engineered pressure technology products intended for the alternative energy, food processing, medical, packaging and transportation industry. The company offers industrial products including vacuum pumps, regenerative blowers, compressor systems and valves with the option of customization, enabling clients across the United States, Europe and Asia to fulfill their production requirements.
Deal synopsis: The company reached a definitive agreement to be acquired by IDEX (NYS: IEX) for $470 million on April 27th.
Pitchbook Profile page: https://pitchbook.com/profiles/company/225303-58
News Release: IDEX Corporation to Acquire Airtech
Company: Genosity
Location: Iselin, NJ
Sector: Healthcare | Genosity (Iselin) operates a biotechnology company focused on providing tools and services for clinical research applications of genomics. The company employs its novel software solutions and laboratory services for both somatic and germline applications to enabling its clients to understand biological mechanisms of disease, thereby helping in consultation services to empower clients to support the genomic needs.
Deal synopsis: The company reached a definitive agreement to be acquired by Invitae (NYS: NVTA) for $200 million on April 5th. The acquisition would bring company’s capabilities onto the Invitae platform to accelerate the time to market and decentralization of Invitae’s oncology offerings, including somatic and germline offerings poised to help transform how cancer is diagnosed, treated and monitored.
Pitchbook Profile page: N/A
News Release: Invitae to acquire Genosity to accelerate access to personalized oncology testing worldwide
Company: Kashiv Specialty
Location: Bridgewater, NJ
Sector: Healthcare | Kashiv Specialty operates a specialty biopharmaceutical company offering drug delivery technologies and an advanced pipeline of oral and biosimilar drugs. The company focuses on research and development and manufacturing of medicines, drug delivery technologies and clinically differentiated specialty pharmaceutical products
Deal synopsis: The company, a subsidiary of Kashiv BioSciences, was acquired by Amneal Pharmaceuticals (NYS: AMRX) for $108 million on April 5th. The acquisition aligns strongly with Amneal Pharmaceuticals, Amneal 2.0 growth strategy which we will deliver substantial value for their specialty and generics businesses.
Pitchbook Profile page: https://pitchbook.com/profiles/company/458601-40
News Release: Amneal acquires Kashiv Specialty Pharmaceuticals
Company: Next Level Hospitality Services
Location: Ridgefield Park, NJ
Sector: Business Products and Services (B2B) | Next Level Hospitality Services provides outsourced culinary and environmental services to nursing homes primarily in the East Coast, Midwest and Texas. The company delivers fully integrated, on-site dining and food operations including staffing, management and procurement as well as complete cleaning and infection prevention outsourcing solutions to health care facilities across the United States, providing services that fulfill clients’ budgetary and operational requirements.
Deal synopsis: The company has entered into a definitive agreement to be acquired by Aramark (NYS: ARMK) for an undisclosed amount on April 29th. The acquisition strategically expands Aramark’s presence in healthcare within the senior living sector and enables Aramark to partner with a business that is committed to creating experiences for its clients with the ability to leverage a scalable operating model.
Pitchbook Profile page: https://pitchbook.com/profiles/company/321315-49#overview
News Release: Aramark to Acquire Next Level Hospitality
Company: Sports Systems Services
Location: Fort Lee, NJ
Sector: Consumer Products and Services (B2C) | Sports Systems Services provides custom software solutions services intended to streamline event information gathering and data management. The company’s full-suite sports data management system and services encompass sponsorship, asset allocation and oversight, VIP guest management and event accreditation, enabling event managers to provide all the information to the attendees and keep the high touch level of personalization.
Deal synopsis: The company was acquired by TicketManager for an undisclosed amount on April 27th. With the acquisition of Sports Systems, TicketManager will offer the most comprehensive suite of products and services across sponsorship, ticketing, guest management and event accreditation to the largest community of brands in sports and live events.
Pitchbook Profile page: https://pitchbook.com/profiles/company/267883-12#overview
News Release: N/A
Company: Miller Veterinary Supply
Location: West Point, NE
Sector: Consumer Products and Services (B2C) | Miller Veterinary Supply operates a wholesale veterinary distributorship intended to offer a wide range of pet-focused generic drugs, equipment, and food products. The company’s products include retails tables, tubs, monitors, eyewear, instruments, foods, medicines, shampoos, conditioners, vaccines, pharmaceuticals, and other related veterinary items, enabling pet owners to access online veterinary care support as well as ample supplies and pet products.
Deal synopsis: The company reached a definitive agreement to be acquired by Patterson Veterinary Supply for an undisclosed amount on April 26th. The acquired business will be integrated into Patterson Veterinary’s existing facilities and operations and a large number of Miller Vet sales representatives are expected to join the Patterson team.
Pitchbook Profile page: https://pitchbook.com/profiles/company/277546-69
News Release: Patterson Veterinary Enters Agreement to Acquire Miller Vet Holdings
Company: Akers Biosciences
Location: Thorofare, NJ
Sector: Healthcare | Akers Biosciences Inc is engaged in developing, manufacturing and supplying rapid, point-of-care screening and testing products designed to bring health-related information directly to the patient or clinician in a time- and cost-efficient manner. The pipeline products of the company focus on delivering diagnostic assistance in a variety of healthcare fields/specialties, including cardiology/emergency medicine, metabolism/nutrition, diabetes, respiratory diseases and infectious disease detection.
Deal synopsis: The company was acquired by MyMD Pharmaceuticals through a reverse merger, resulting in the combined entity trading on the Nasdaq Stock Exchange under the ticker symbol MYMD on April 19th. The acquisition will help MyMD in focusing on developing and commercializing novel immunotherapy pipeline assets.
Pitchbook Profile page: https://pitchbook.com/profiles/company/61225-48
News Release: Akers Biosciences and MyMD Pharmaceuticals Announce Stockholder Approval of Merger
Company: CompoSecure
Location: Somerset, NJ
Sector: Business Products and Services (B2B) | CompoSecure manufactures proprietary plastic cards for luxury retail, resorts, financial services and other markets. The company offers security identification cards, gifting cards, plastic cards and metal cards featuring laser-etched and mechanically engraved graphics elements which are embedded with security features, EMV (Europay, MasterCard, Visa) contact chip modules, colored epoxy and magnetic strips.
Deal synopsis: The company reached a definitive agreement to acquire Roman DBDR Tech Acquisition through a reverse merger on April 19th.
Pitchbook Profile page: https://pitchbook.com/profiles/company/113006-89
News Release: N/A
Company: Cybersecurity Risk Solutions
Location: Middletown, NJ
Sector: Information Technology | Cybersecurity Risk Solutions provides cyber, privacy and data protection solutions for homes and businesses. The company offers personal cyber risk assessment, cyber health score, report and custom action plan, ongoing vulnerability scanning, hack monitoring and dark web intelligence monitoring, thereby protecting customer’s personal and financial information from malicious spyware and malware programs.
Deal synopsis: The company was acquired by Strikeforce Technologies (PINX: SFOR) for an undisclosed amount on April 16th. The acquisition enables StrikeForce Technologies to grow and strengthen its channel distribution strategies and provide the marketplace with cost-effective cyber solutions for mitigating security risks.
Pitchbook Profile page: https://pitchbook.com/profiles/company/465466-87
News Release: StrikeForce Technologies Acquires Cybersecurity Risk Solutions LLC Expanding Its Identity and Endpoint Cyber-Defense Arsenal
Company: XYZ Merger Sub
Location: Thorofare, NJ
Sector: Business Products and Services (B2B) | XYZ Merger Sub provides commercial services.
Deal synopsis: The company was acquired by MyMD Pharmaceuticals (NAS: MYMD) for an undisclosed amount on April 16th.
Pitchbook Profile page: https://pitchbook.com/profiles/company/465512-23
News Release: N/A
Company: Consonance-HFW Acquisition (ASE: CHFW)
Location: Princeton, NJ
Sector: Financial Services | Consonance-HFW Acquisition Corp is a blank check company.
Deal synopsis: The company (ASE: CHFW) reached a definitive agreement to be acquired by Surrozen through a reverse merger, resulting in the combined entity trading on the Nasdaq Capital Market under the ticker symbol SRZN on April 15th. The acquisition will help Surrozen support its mission of transforming the treatment of serious disease by fully exploiting the Wnt pathway with experienced life sciences investors and capital.
Pitchbook Profile page: N/A
News Release: N/A
Company: Leon Silver Associates
Location: Metuchen, NJ
Sector: Financial Services | Leon Silver Associates provides wholesale insurance brokerage services intended to serve New York, New Jersey, Pennsylvania and various other regions of the U.S. The company offers commercial and personal lines property and casualty insurance products along with web quotations from United States liability insurance companies, thereby enabling its clients to receive quick turnaround on quotation and endorsement requests.
Deal synopsis: The company was acquired by Bridge Specialty Group, a subsidiary of Brown & Brown Insurance (NYS: BRO), for an undisclosed amount on April 14th.
Pitchbook Profile page: https://pitchbook.com/profiles/company/335759-14
News Release: Bridge Specialty Group, LLC Announces the Asset Acquisition of Leon Silver Associates, LLC
Company: Meridian Advisory Group
Location: Princeton, NJ
Sector: Information Technology | Meridian Advisory Group provides management consultancy and technology innovation services focusing on the convergence of broadband, mobile, device and content. The company provides end-to-end engagements spanning from strategy through execution and has developed deep expertise in media and communications challenges, including OTT Video, digital ad experience.
Deal synopsis: The company was acquired by Arthur D. Little for an undisclosed amount on April 13th. The deal expands ADL’s global telecommunications, information technology, media, and electronics practice and brings additional senior-level expertise to the firm’s growing presence in the US and abroad.
Pitchbook Profile page: https://pitchbook.com/profiles/company/240980-77
News Release: Arthur D. Little acquires media and telecom consultancy MAG
Company: Nutrology
Location: West Berlin, NJ
Sector: Consumer Products and Services (B2C) | Nutrology provides all-natural and plant-based nutritional supplements intended to serve the sports nutrition industry in West Berlin, New Jersey. The company specializes in manufacturing vegan sports nutrition supplements, rBGH-free grass-fed whey protein shakes, all-natural pre-workout powders and vegan amino-acid drinks, thereby offering clients healthier natural products they can use as part of their daily lives.
Deal synopsis: The company was acquired by FitLife Brands (PINX: FTLF) for an undisclosed amount on April 7th. With this acquisition, FitLife will be able to expand the reach and distribution of its brand and is excited to have a foothold in the rapidly growing all-natural nutritional supplement category.
Pitchbook Profile page: https://pitchbook.com/profiles/company/464322-52
News Release: FitLife Brands Acquires Nutrology
Company: Bioclimatic Air Systems
Location: Delran Township, NJ
Sector: Business Products and Services (B2B) | Bioclimatic Air Systems develops air purification systems catering to businesses, institutions and individuals. The company offers Ultraviolet-C (UVC), HEPA filtration, needlepoint ionization, photocatalytic oxidation which reduces or neutralizes VOCs, viruses and bacteria, helping occupants to breathe fresh air.
Deal synopsis: The company was acquired by AtmosAir for an undisclosed amount on April 6th. Through the acquisition, Bioclimatic Air Systems brings a multi-product portfolio to Clean Air Group including technology options such as Ultraviolet-C (UVC), HEPA Filtration, needlepoint ionization, and other full-service solutions for air purification.
Pitchbook Profile page: https://pitchbook.com/profiles/company/464256-73
News Release: Clean Air Group acquires Bioclimatic Air Systems
Company: Knipfing Asphalt Solutions
Location: Farmingdale, NJ
Sector: Business Products and Services (B2B) | Knipfing Asphalt Solutions provides asphalt repair and pavement maintenance services based in Farmingdale, New Jersey. The company offers sealcoating for preventive maintenance, infrared repair services and also offers Kasi, ray-tech, poweray and infrared equipments.
Deal synopsis: The company was acquired by C&L Services for an undisclosed amount on April 5th. The acquisition will help C&L Services to concentrate on adding state-of-the-art infrared technology and expanding its pavement maintenance services throughout New Jersey.
Pitchbook Profile page: https://pitchbook.com/profiles/company/371475-64
News Release: C&L Services Acquires Their 7th Company and Enhances Their Brand with the Acquisition of Knipfing Asphalt Solutions
Company: Attentive
Location: Hoboken, NJ
Sector: Information Technology | Attentive develops a personalized mobile messaging platform designed to change the way businesses and consumers interact. The company’s platform uses behavioral data and helps brands to automatically send personalized mobile messages across the entire customer lifecycle from product recommendations and limited-time sales to payments and real-time customer service, enabling e-commerce and retail businesses to connect with mobile shoppers in a new way through messaging.
Deal synopsis: The company raised $470 million of Series E venture funding on March 24.
Investor(s): IVP, Tiger Global Management, Base10 Partners, Gutbrain Ventures, D1 Capital Partners, Coatue Management
Pitchbook Profile page: https://pitchbook.com/profiles/company/225695-62#overview
News Release: N/A
Company: BlockFi
Location: Jersey City, NJ
Sector: Information Technology | BlockFi develops wealth management platforms designed to seamlessly manage crypto assets and maximize earning potential. The company’s platform provides wealth management products such as crypto, interest-earning accounts, trading and other similar products, enabling clients to ease out bitcoin trading and secure digital payments in the cloud while mitigating risks associated with financial lending.
Deal synopsis: The company raised $350 million of Series D venture funding on March 11.
Investor(s): Hudson River Trading, Gaingels Syndicate, Third Prime, Paradigm (Crypto Fund), Bracket Capital, Breyer Capital, Jump Capital, Kenetic Capital, PJC, Valar Ventures, Castle Island Ventures, Raptor Group, Bain Capital Ventures, Pomp Investments, Tiger Global Management, The Venture Collective, CMS Holdings LLC, Susquehanna Government Products, Morgan Creek Digital Assets, Akuna Capital, Pacific Century Group, ParaFi Capital
Pitchbook Profile page: https://pitchbook.com/profiles/company/224072-83
News Release: N/A
Company: Health Recovery Solutions
Location: Hoboken, NJ
Sector: Healthcare | Health Recovery Solutions develops telehealth and remote monitoring platforms and tools built to optimize clinician workflow and improve patient satisfaction. The company’s offering includes disease-specific interactive 4G tablets customized with patients’ medications, reminders, educational videos, diet information and are integrated with oximeters, BP monitors, thermometers, and scales, enabling the healthcare community and patients to reduce readmission and improve clinical outcomes.
Deal synopsis: The company raised $25.37 million of Series C venture funding on March 9.
Investor(s): LLR Partners, Edison Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/56298-70
News Release: N/A
Company: Pathlock
Location: Flemington, NJ
Sector: Information Technology | Pathlock develops risk and regulatory compliance software designed to offer integrated risk management. The company’s software facilitates integrated or stand-alone analysis of a company’s compatible and incompatible enterprise services, enabling organizations to reduce access control complexity and have an enhanced transaction-control monitoring across enterprise applications and business processes.
Deal synopsis: The company raised $20 million of venture funding in a deal on March 10.
Investor(s): Led by Vertica Capital Partners, included additional undisclosed investors.
Pitchbook Profile page: https://pitchbook.com/profiles/company/52626-70
News Release: N/A
Company: Chronic Care Management
Location: Moorestown, NJ
Sector: Healthcare | Chronic Care Management develops medical platforms designed to operationalize care management support services. The company’s platform helps to navigate the complexities of care management while providing a path for new reimbursement through programs both free for service and value-based, enabling healthcare providers to provide specialized care management to patients suffering from chronic diseases.
Deal synopsis: The company raised $7.70 million of venture funding on March 5.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/231994-81
News Release: N/A
Company: CerebrumX
Location: Princeton, NJ
Sector: Information Technology | CerebrumX develops augmented deep learning platforms designed to democratize the connected car data ecosystem. The company’s software offers augmented deep learning, real-time data handling, reporting and monitoring, data processing, consent management and other related services, enabling media, insurance, retail, smart city, maintenance, fleet management industries to monetize connected car data.
Deal synopsis: The company raised $5.5 million of Series A venture funding in a deal on March 15.
Investor(s): Led by LG Technology Ventures. Cerence also participated.
Pitchbook Profile page: https://pitchbook.com/profiles/company/454452-85#overview
News Release: N/A
Company: Own The Room
Location: Montclair, NJ
Sector: Consumer Products and Services (B2C) | Own The Room provides development training services intended to empower everyone to make an impact and perform at their highest potential. The company’s services include interactive and innovative learning programs that empower leaders at all levels from seasoned executives to junior employees, enabling individuals to get real-life knowledge and skills.
Deal synopsis: The company raised $3.96 million of angel funding on March 22.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/331111-72
News Release: N/A
Company: CoreWeave
Location: Springfield, NJ
Sector: Information Technology | CoreWeave develops modern cloud infrastructure intended to provide computing resources for blockchain and projects. The company’s system accelerates the team’s workflows with a cloud-based production pipeline, provides access to compute resources that match the complexity of models, thereby enabling clients to scale efficiently and adapt to rapidly evolving compute requirements.
Deal synopsis: The company raised $3.79 million of venture funding on March 1.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/327267-64
News Release: N/A
Company: Concours Pharmaceuticals
Location: Ewing, NJ
Sector: Healthcare | Concours Pharmaceuticals operates a pharmaceutical company intended to offer a proprietary oral delivery platform for pharmaceutical development.
Deal synopsis: The company raised $2.73 million of angel funding on March 18.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/463136-05
News Release: N/A
Company: Manetu
Location: Ridgewood, NJ
Sector: Information Technology | Manetu develops consumer privacy management software platforms designed to manage sensitive data. The company’s platform uses cryptographic, biometric and machine learning mechanisms to establish and authenticate customers’ identities, enabling users to choose what to share and for how long so there is minimal friction when they need to use these vital functions.
Deal synopsis: The company raised $2.37 million of venture funding on March 4.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/407217-43#overview
News Release: N/A
Company: Ricovr Healthcare
Location: Princeton, NJ
Sector: Healthcare | Ricovr Healthcare develops saliva-based testing devices designed for rapid-results testing with true portability and ease-of-use. The company’s patented biosensor platform uses a small drop of saliva to provide high-quality, cost-effective results in approximately five minutes, enabling employers, healthcare systems, and law enforcement to access non-invasive testing devices.
Deal synopsis: The company raised $2.24 million of Series 2 venture funding on March 23.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/222285-25
News Release: N/A
*Ricovr benefited from the NJEDA’s NJ Entrepreneur Support Program.
Company: 1v1Me
Location: Brick, NJ
Sector: Consumer Products and Services (B2C) | 1V1Me provides gaming services. The company offers gamers to play anyone from the community and make a reward in form of cash and train to become an eSports pro, thereby enabling users to gamble on their ability to crush an opponent in player vs player games.
Deal synopsis: The company raised $2 million of seed funding from on March 15.
Investor(s): Gelt Venture Capital, OnDeck, SterlingVC, Crossbeam Ventures Partners, Mana Ventures, Village Global, Shrug Capital, LightShed Ventures, Bettor Capital, Justin Waldron, Albert Cheng, Anthony Pompliano, Ian Borthwick, Trevor McFedries, Stephen Sikes, Ali Hamed, Cody Hock and Cole Hock
Pitchbook Profile page: https://pitchbook.com/profiles/company/454570-93
News Release: N/A
Company: NITRO Beverage
Location: Asbury Park, NJ
Sector: Consumer Products and Services (B2C) | NITRO Beverage manufactures nitrogen-infused beverages. The company offers nitrogen brewing cold coffee that creates a frothy and smooth texture as well as a beautiful cascade, thus providing users with quality beverages.
Deal synopsis: The company raised $1.5 million of seed funding on March 4.
Investor(s): VERSO Capital (Switzerland), VegInvest
Pitchbook Profile page: https://pitchbook.com/profiles/company/462608-29
News Release: N/A
Company: Cellix (Drug Discovery)
Location: Newark, NJ
Sector: Healthcare | Cellix (Drug Discovery) develops drug discovery platforms designed to develop targeted therapies. The company’s platform helps to create new medicines that modulate several targets in the disease pathway, which potentially improves efficacy and minimizes risk in the discovery and development process, enabling healthcare professionals to treat chronic ailments and reduce recovery time.
Deal synopsis: The company raised $1.49 million of convertible debt financing March 18.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/107523-64
News Release: N/A
Company: Distinct Dermatology
Location: Parsippany-Troy Hills, NJ
Sector: Healthcare | Distinct Dermatology provides dermatology health care services intended to offer better access to treatment and medication by combining science and technology. The company is engaged in medications and treatments for many dermatologic conditions, enabling patients to get access to better medical outcomes at an affordable cost.
Deal synopsis: The company raised $1.2 million of angel funding on March 5.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/462387-07
News Release: N/A
Company: Borobabi
Location: Paterson, NJ
Sector: Consumer Products and Services (B2C) | Borobabi develops circular clothing brands designed to offer ethically produced children’s garments. The company’s brand produces children’s garments that saves money, reduces landfill and increases the efficiency of the entire children’s clothing supply chain, enabling parents to buy goods that are cute and stylish, and durable, chemical-free, and manufactured with ethical work practices.
Deal synopsis: The company raised $1.1 million of angel funding on March 11.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/442371-25#overview
News Release: N/A
Company: PRP Concepts
Location: Lincroft, NJ
Sector: Healthcare | PRP Concepts provides platelet rich plasma (PRP) therapies intended to treat patients in wound care, podiatry, sports medicine, orthopedics, and other surgical specialties. The company offers a turnkey, point-of-care service, delivering evidence-based PRP treatments for injuries, and acute and chronic non-healing wounds, enabling patients to reduce healing time, improve wound closure and limb salvage rates, reduce pain, and enhance the quality of life.
Deal synopsis: The company raised $1.02 million of angel funding on March 4.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/462440-44
News Release: N/A
Company: Q.ai
Location: Jersey City, NJ
Sector: Business Products and Services (B2B) | Q.ai provides quantitative analytics services intended to offer quantitative tools and strategies. The company’s services include integrated research which is simplified into a transparent easy to use investor portal, enabling individual investors and investment firms to enhance returns and lower their risk.
Deal synopsis: The company raised $1 million of angel funding on March 24.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/222285-25
News Release: N/A
Company: InquisitHealth
Location: River Edge, NJ
Sector: Healthcare | InquisitHealth provides peer-to-peer mentoring service intended to provide guidance through structured programs and improve patient outcomes. The company offers personalized goal-based mentoring programs, peer mentors with the tools to mentor patients one-on-one and also integrates technology with existing care systems, enabling peer mentors to educate patients to overcome chronic diseases and live healthier lives.
Deal synopsis: The company raised $985,000 of venture funding on March 22.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/54874-90
News Release: N/A
*InquisitHealth previously benefited from the NJEDA’s NJ CoVest Fund.
Mergers and Acquisitions
Company: Novitium Pharma
Location: Windsor, NJ
Sector: Manufacturing, Medical, Pharmaceutical | Novitium Pharma is a pharmaceutical company that specializes in development, manufacturing, and distribution of niche generic products.
Deal synopsis: ANI Pharmaceuticals announced on March 9 it was acquiring Novitium Pharma for $163.5 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/340839-19
News Release: ANI Pharmaceuticals to Acquire Novitium Pharma, Strengthening R&D Engine and Expanding Generics and CDMO Business
Company: QuestaWeb
Location: Clark, NJ
Sector: Electronics, Information Technology, Software | QuestaWeb is a leading provider of integrated solutions for global trade management.
Deal synopsis: Descartes Systems Group announced on March 1 it was acquiring QuestaWeb for $36 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/146278-81#overview
News Release: Descartes Acquires QuestaWeb
Company: NBN Infusions
Location: Cherry Hill, NJ
Sector: Health Care, Therapeutics | NBN Infusions provides infusion therapy, respiratory therapy services, enteral therapy, and durable medical equipment.
Deal synopsis: PromptCare announced on March 2 that it was acquiring NBN Infusions for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/387899-83
News Release: PromptCare Acquires NBN Infusions, Inc.
Company: Quintrix Solutions
Location: Jersey City, NJ
Sector: Employment, Information Technology | Quintrix is an employment company which provides Contract and Permanent staffing services.
Deal synopsis: Mindlance announced on March 1 that it was acquiring Quintrix Solutions for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/142122-97
News Release: Mindlance acquires Quintrix to expand its Workforce Solutions Offerings
Company: Path56 Media
Location: Hoboken, NJ
Sector: Advertising, Marketing | Path56 Media is an experienced performance based marketing company with a primary focus on servicing online education clients.
Deal synopsis: Global Response Partners announced on March 11 it was acquiring Path56 Media for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/462668-86
News Release: GRP Ads Expands its reach in the online education vertical with the acquisition of Path56, a leading full service marketing agency in that space
Company: Hoyt Corporation
Location: Englewood, NJ
Sector: Electronics, Manufacturing | Hoyt Corporation is a manufacturer of electrical contacts for diesel-electric locomotives, motor controls and power distribution.
Deal synopsis: Deringer-Ney, Inc. announced on March 19 it was acquiring Hoyt Corporation for an undisclosed amount.
Pitchbook Profile page: N/A
News Release: Deringer-Ney Enters Agreement to Acquire Hoyt Corporation
Company: Venture Development Center
Location: Upper Saddle River, NJ
Sector: Information Technology | Venture Development Center is focused in the areas of data monetization and creative data sourcing.
Deal synopsis: Stirista announced on March 10 it was acquiring Venture Development Center for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/advisor/147814-03
News Release: Stirista Announces Acquisition of VDC (Venture Development Center)
Company: PendoTECH
Location: Princeton, NJ
Sector: Information Technology | PendoTECH offers low-cost, single use in-line sensors for pressure, temperature, conductivity, UV Absorbance & flow.
Deal synopsis: Mettler Toledo announced on March 24 it was acquiring PendoTECH for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/247110-40
News Release: Mettler-Toledo International Inc. Announces Acquisition Of PendoTECH
Company: Commercium Technologies
Location: Holmdel, NJ
Sector: Information Technology | Commercium Technologies provides global security and cloud computing infrastructure and enterprise security services based in Holmdel, New Jersey. The company offers cybersecurity services, cloud and datacenter solutions, networking and connectivity services intended for multiple types of organizations and assist corporations and organizations to achieve higher levels of operational uptime while limiting business process and information-based risk.
Deal Synopsis: Ecko announced on March 8 that it was acquiring Commercium Technologies for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/158671-81
News Release: N/A
Company: ES Industries
Location: West Berlin, NJ
Sector: Materials and Resources | ES Industries manufactures high-performance liquid chromatography (HPLC) columns for bonded phases and packing materials. The company offers high-performance liquid chromatography (HPLC) and supercritical fluid chromatography (SFC) column chemistries and along with technical and method development assistance.
Deal synopsis: PerkinElmer (Suneet Chadha)announced on March 8 that it was acquiring ES Industries for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/336042-73
News Release: PerkinElmer Adds HPLC Columns to Consumables Portfolio
Company: Cloud Nation
Location: Montville, NJ
Sector: Information Technology | Cloud Nation provides managed cloud desktop solutions and application deployment. The company offers cloud desktop, cloud server, office 365 and SD WAN.
Deal synopsis: Uniserver announced on March 3 that it was acquiring Cloud Nation for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/287504-02
News Release: Uniserver and CloudNation Join Forces to Become the #1 Cloud Specialist in the Netherlands
Company: U.S. Vision (Optical Laboratory in Blackwood)
Location: Blackwood, NJ
Sector: Healthcare | U.S. Vision (Optical Laboratory in Blackwood) operates an optical laboratory in Blackwood, New Jersey. The business unit operates a 72,000-square-foot facility for vision needs.
Deal synopsis: ZEISS Vision Care (Jens Boy)announced on March 3 that it was acquiring U.S. Vision (Optical Laboratory in Blackwood) for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/462335-77
News Release: Zeiss Vision Care Acquires Optical Laboratory from U.S. Vision
Company: Radius8
Location: Princeton, NJ
Sector: Information Technology | Radius8 develops a cloud-based localization platform designed to create hyperlocal shopping experiences. The company’s platform creates new commerce opportunities with physical locations and digital channels by helping retailers to tailor to customers based on local trends and currents within the radius around their store and find potential customers, depending on their previous sales history and to spread information regarding sales and upcoming trends, enabling clients to increase conversions by unlocking local data.
Deal synopsis: Fiserv announced on March 2 that it was acquiring Radius8 for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/154046-89
News Release: N/A
*Radius8 previously participated in the NJEDA’s Net Operating Loss Program, the New Jersey Angel Investor Tax Credit Program, and New Jersey Founders & Funders.
Company: Altaflo
Location: Sparta, NJ
Sector: Business Products and Services (B2B) | Altaflo manufactures fluoropolymer and fluoroplastic pipes and tubes for the aerospace, pharmaceutical, chemical, energy and electronics industries. The company specializes in customized fluid handling solutions for challenging applications, including those requiring additional precision and purity, providing cost-effective products that meet clients’ specific requirements.
Deal synopsis: Pexco announced on March 1 that it was acquiring Altaflo for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/223174-90
News Release: Pexco LLC Expands Fluoropolymer Offerings with Acquisition of Altaflo
Company: ARMC Financial Services
Location: Oradell, NJ
Sector: Financial Services | ARMC Financial Services provides revenue cycle management services intended for the healthcare sector. The company offers denials management to hospitals, health systems and physician groups, helping them collect revenue that is improperly denied by insurance carriers and thereby minimizing write-offs.
Deal synopsis: Revco Solutions announced on March 1 that it was acquiring ARMC Financial Services for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/282046-96#overview
News Release: Longshore Capital and Revco Solutions Complete Acquisition of ARMC Financial Services
Company: Catalent Pharma Solutions
Location: Somerset, NJ
Sector: Biotechnology, Pharmaceutical, Supply Chain Management | Catalent provides advanced delivery technologies, development, and manufacturing solutions for drugs, biologics, cell and gene therapies.
Deal synopsis: The company announced it had raised $550 million in Post-IPO debt funding as of February 10.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/60658-12#overview
Company: Indegene
Location: Princeton, NJ
Sector: Health Care, Information Technology | Indegene enables global health care organizations address complex challenges and drive better health and business outcomes.
Deal synopsis: The company announced it had raised $200 million in private equity funding as of February 3.
Investor(s): Brighton Park Capital, Carlyle Global Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/57241-27
News Release: Carlyle and Brighton Park agree to invest US$200 million in Indegene | Indegene
Company: TYME Inc
Location: Bedminster, NJ
Sector: Biotechnology, Medical, Pharmaceutical, Therapeutics | TYME is an emerging biotech developing cancer therapeutics intended to be broadly effective across tumor types with low toxicity profiles.
Deal synopsis: The company announced it had raised $100 million in Post-IPO equity funding as of February 4.
Investor(s): Undisclosed
Pitchbook Profile page: N/A
News Release: Tyme Inc. – TYME Announces Closing of $100 Million Registered Direct Offering of Common Stock
Company: Voyager
Location: Jersey City, NJ
Sector: Cryptocurrency, Financial Services, Information Technology | Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution.
Deal synopsis: The company announced it had raised $100 million in Post-IPO equity funding as of February 12.
Investor(s): Stifel Financial Corp.
Pitchbook Profile page: N/A
Company: Hepion Pharmaceuticals
Location: Edison, NJ
Sector: Biotechnology, Life Science, Pharmaceutical | Hepion Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the development of targeted therapies for liver disease.
Deal synopsis: The company announced it had raised $88.4 million in Post-IPO equity funding as of February 18.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/61492-33
News Release: Hepion Pharmaceuticals, Inc. Announces Closing of Public Offering – Hepion Pharmaceuticals
Company: Citius Pharmaceuticals
Location: Cranford, NJ
Sector: Biotechnology, Life Science, Medical, Therapeutics | Citius Pharmaceuticals is a specialty pharmaceutical company dedicated to the development and commercialization of therapeutic products.
Deal synopsis: The company announced it had raised $76.5 million in Post-IPO equity funding as of February 17.
Investor(s): Myron Holubiak, Leonard Mazur
Pitchbook Profile page: https://pitchbook.com/profiles/company/107499-07#overview
News Release: Citius Pharmaceuticals Announces $76.5 Million Registered Direct Offering Priced At-the-Market under Nasdaq Rules :: Citius Pharmaceuticals, Inc. (CTXR)
Company: Caladrius Biosciences
Location: Basking Ridge, NJ
Sector: Biotechnology, Pharmaceutical, Therapeutics | Caladrius Biosciences is a clinical-stage biopharmaceutical company dedicated to the development of cellular therapies designed to reverse disease.
Deal synopsis: The company announced it had raised $65 million in Post-IPO equity funding as of February 12.
Investor(s): National Institutes of Health, National Institutes of Health (NIH), RimAsia Capital Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/14197-87#overview
News Release: Caladrius Biosciences, Inc. Announces $65 Million Registered Direct Offerings Priced At-The-Market under Nasdaq Rules – Caladrius Biosciences
Company: Goldin Auctions
Location: Runnemede, NJ
Sector: Auctions, Marketplace | Goldin Auctions is the leading marketplace for trading cards, sports memorabilia, and other collectibles.
Deal synopsis: The company announced it had raised $40 million in venture funding as of February 16.
Investor(s): Anthony Pompliano, The Chernin Group, Spencer Rascoff, Kevin Durant, Mark Wahlberg
Pitchbook Profile page: https://pitchbook.com/profiles/company/256609-90#overview
Company: Nuvolo
Location: Paramus, NJ
Sector: Information Technology | Nuvolo develops an enterprise asset management (EAM) platform designed to facilitate better management of enterprise assets. The company’s platform offers a cloud-based platform to provide EAM for facilities, clinics, and labs as well as offer medical devices cybersecurity, enabling health care providers, life science organizations, and pharmaceutical manufacturers to better manage their assets and improve operational efficiency.
Deal synopsis: The company raised $31 million of venture funding on February 25.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/131274-19#overview
News Release: Nuvolo Raises $31M Series C Funding to Accelerate Global Expansion and IWMS Platform Evolution
Company: Cancer Genetics
Location: Rutherford, NJ
Sector: Biotechnology, Genetics, Health Care, Health Diagnostics | Cancer Genetics is a laboratory that develops and commercializes proprietary genomic tests and services to empower cancer treatment.
Deal synopsis: The company announced it had raised $17.5 million in Post-IPO Equity funding as of February 10.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/53982-82
News Release: News Release: Cancer Genetics Announces $17.5 Million Common Stock Offering Priced At-the-Market under Nasdaq Rules :: Cancer Genetics, Inc. (CGIX)
Company: 1Kosmos
Location: Somerset, NJ
Sector: Information Technology | 1Kosmos develops an identity management system that enables people to use their face, voice or fingerprint to access online services such as banking and email to usernames and passwords. The system enables people and businesses to store their identity data, professional or educational credentials in a secure digital identity safe way on their own mobile devices.
Deal synopsis: The company raised $15.1 million of Series A venture funding on February 16.
Investor(s): ForgePoint
Pitchbook Profile page: https://pitchbook.com/profiles/company/277343-65
News Release: 1Kosmos Secures $15 Million in Series A Funding from ForgePoint Capital | Business Wire
Company: SPHERE Technology Solutions
Location: Hoboken, New Jersey
Sector: Analytics, Compliance, Cyber Security, Data Integration | SPHERE provides software and services to improve data governance, security, and compliance across data, platforms, and applications.
Deal synopsis: The company announced it had raised $10 million in Series A funding as of February 18.
Investor(s): ForgePoint Capital, Sounil Yu, Omkhar Arasaratnam, Adnane Charchour, Joel Caminer
Pitchbook Profile page: https://pitchbook.com/profiles/company/128664-55
Company: Enalare Therapeutics
Location: Princeton, NJ
Sector: Healthcare | Enalare Therapeutics develops technology intended to provide therapies for patients suffering from acute respiratory conditions. The company’s biopharmaceutical platform provides pharmaceutical preparations and medical information for the treatment of opioid addiction, opioid overdose and opioid dependence. It also comes up with agnostic therapeutic breathing stimulants, enabling patients to get a treatment for the life-threatening disease of acute respiratory depression.
Deal synopsis: The company raised $10 million of seed funding on February 2.
Investor(s): Undisclosed.
Pitchbook Profile page: https://pitchbook.com/profiles/company/454994-20
News Release: Enalare Therapeutics Announces Closing of Successful Seed Funding Round
Company: Cornbread Soul
Location: Maplewood, NJ
Sector: Consumer Products and Services (B2C) | Cornbread Soul operates a restaurant business intended to use an innovative technology to provide a family-friendly dining experience. The company’s platform sources all the ingredients from local farmers and shops to ensure that food is always fresh, also provides a comfort and convenient environment to individuals, enabling customers to get the taste of authentic soul food.
Deal synopsis: The company raised $5 million of venture funding on February 24.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/461939-68
Company: Avotres
Location: Cedar Knolls, NJ
Sector: Healthcare | Avotres operates a biotechnology company intended to develop and commercialize transformational therapies in autoimmune diseases, cancers and transplantation.
Deal synopsis: The company raised $4 million of angel funding on February 24.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/447291-91
Company: ZooPix
Location: Parsippany, NJ
Sector: Information Technology | ZooPix provides an application-based platform intended to offer interactive games for pets and their owners. The company’s platform provides a social network which strives to engage humans with their pets through creative expression, fun games and videos, enabling pet owners to have a fun time with their pets.
Deal synopsis: The company raised $4 million of angel funding in the form of SAFE notes on February 16.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/461893-96
Company: MutualMarkets
Location: Franklin Lakes, NJ
Sector: Business Prodcuts and Services (B2B) | MutualMarkets develops an artificial intelligence-based marketplace (AI) designed to provide the right connections. The company’s marketplace uses proprietary AI powered marketing technology, enabling businesses to invest in brand economy strategically.
Deal synopsis: The company raised $3 million of seed funding on February 10.
Investor(s): Round led by Bessemer Venture Partners and Greycroft. Six additional investors participated in the round.
Pitchbook Profile page: https://pitchbook.com/profiles/company/459972-82
News Release: MutualMarkets Announces $3.0M Seed Funding
Company: Audience Town
Location: Newark, NJ
Sector: Business Products and Services (B2B) | AudienceTown provides digital advertising services intended to match services and inventory to the right audiences online. The company’s platform helps in segmentation and matching the right advertisement, to the right person by targeting algorithms, audience data, bidding, media selection, attribution and reporting, enabling clients with generated leads and precise targeting for finding audience online.
Deal synopsis: The company raised $2.10 million of venture funding on February 1.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/277791-94
News Release: Audience Town Raises $2.1M in New Funding Led by Wasatch Venture Partners — Audience Town: The Advertising Platform for Real Estate, Moving & Home
Company: Hostify
Location: Jersey City, NJ
Sector: Blockchain, Cryptocurrency, Internet of Things | Hostify is a long range wide area network (LoRaWAN) gateway distributor that focuses on building decentralized internet for low-powered sensors and smart devices.
Deal synopsis: The company announced it had raised $150,000 in Seed funding as of February 1.
Investor(s): Undisclosed
Pitchbook Profile page: N/A
Company: Prime Pensions
Location: Florham Park, NJ
Sector: Financial Services, Retirement | Prime Pensions Inc is an independent provider of retirement plan recordkeeping, consulting, actuarial and administration services.
Deal synopsis: The company announced it had raised an undisclosed amount of private equity funding as of February 8.
Investor(s): Mill Point Capital
Pitchbook Profile page: https://pitchbook.com/profiles/company/370150-57
Company: Digital Lending Capital Corporation
Location: Jersey City, NJ
Sector: Cryptocurrency, Financial Services, Lending, Risk Management | DLCC offers Full-Service Institutional -Grade Prime Brokerage Services and Technology for Digital Asset Management
Deal synopsis: The company announced it had raised an undisclosed amount in Series A funding as of February 26.
Investor(s): Aves Lair
Pitchbook Profile page: https://pitchbook.com/profiles/company/327378-16
Mergers and Acquisitions
Company: HS Design
Location: Morristown, NJ
Sector: Consumer Electronics, Government, Health Care, Life Sciences, Medical Device | HS Design is a product development firm.
Deal synopsis: SteriPack Group announced on February 22 that it was acquiring HS Design for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/hs-design
News Release: Great Point Partners Backed SteriPack Group Completes Acquisition of HS Design, Inc. (prweb.com)
Company: IDYA4
Location: East Brunswick, NJ
Sector: Analytics, Cyber Security, Data Integration | IDYA4 is a health data integration, security and analytics company.
Deal synopsis: CloudMD announced on February 23 that it was acquiring IDYA4 for an undisclosed amount.
Crunchbase Profile page: https://www.crunchbase.com/organization/idya4
News Release: CloudMD to Acquire IDYA4, a North American Leader in Healthcare Data Integration and Cybersecurity
Company: HomeKeepr
Location: Lyndhurst, NJ
Sector: Real Estate | HomeKeepr develops a mobile application for home service aiming to connect realtors and local home service professionals.
Deal synopsis: MooveGuru announced on February 11 that it was acquiring HomeKeepr for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/239586-22#overview
News Release: MooveGuru Acquires HomeKeepr — RISMedia
Company: TrialScope
Location: Jersey City, NJ
Sector: Clinical Trials, Health Care, Medical | TrialScope offers clinical-trial-disclosure and transparency-management technologies.
Deal synopsis: Pharma Intelligence announced on February 10 that it was acquiring TrialScope for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/63651-70
News Release: N/A
*TrialScope previously participated in the NJEDA’s Net Operating Loss Program. NJEDA also invested in TrialScope through its limited partnership investment into Edison Partners.
Company: Progressive Promotions
Location: Englewood, NJ
Sector: Advertising, Brand Marketing, Event Promotion | Progressive Promotions is a marketing agency that offers corporate apparel, promotional products, events, merchandising, and brand management.
Deal synopsis: Consolidated Marketing Services announced on February 3 that it was acquiring Progressive Promotions for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/128001-70
News Release: Consolidated Marketing Services Acquires Award-Winning Promotional Merchandise Agency Progressive Promotions
Company: OwnBackup
Location: Englewood Cliffs, NJ
Sector: Information Technology|OwnBackup developscloud data protection platform built to prevent and manage data loss and corruption crises. The company’s cloud-to-cloud backup and restore platform provides secure, automated and daily backups of software-as-a-service and platform-as-a-service data, as well as sophisticated data, compare and restore tools, enabling businesses to protect critical cloud data and optimize disaster recovery.
Deal synopsis: The company raised $167.5 million of Series D venture funding on January 28.
Investor(s): Led by Salesforce Ventures, Insight Partners and Sapphire Ventures. Oryzn Capital, Vertex Ventures Israel and Innovation Endeavors also participated in the round.
Pitchbook Profile page: https://pitchbook.com/profiles/company/153138-88#overview
Article: OwnBackup raises $167.5 million to bring cloud data backups to Salesforce and beyond
Company: Provention Bio
Location: Lebanon, NJ
Sector: Biotechnology, Health Care, Medical, Pharmaceutical| Provention Bio is a clinical stage biopharmaceutical dedicated to sourcing, developing and commercializing novel therapeutics.
Deal synopsis: Provention Bio raised $100 million in Post-IPO Equity funding on January 13.
Investor(s): Johnson & Johnson Innovation, JDRF T1D Fund
Pitchbook Profile page: https://pitchbook.com/profiles/company/180591-22
News Release: Provention Bio Announces Pricing of $100 Million Public Offering of Common Stock
Company: Elucida Oncology
Location: Monmouth Junction, NJ
Sector: Healthcare | Elucida Oncology develops a silica particle delivery platform intended to enhance the performance of diagnostic, imaging and therapeutic treatments in oncology. The company’s platform is highly engineered and customizable which is centered around the detection and treatment of primary solid tumor and metastatic cancers, enabling healthcare providers to target delivery of imaging and high concentration therapeutic payloads to tumor cells.
Deal synopsis: The company closed on $43.74 million of Series A1 venture funding on January 11.
Investor(s): Undisclosed.
Pitchbook Profile page: https://pitchbook.com/profiles/company/185235-67
News Release: Elucida Oncology Closes $44 Million Series A-1 Financing :: Elucida Oncology, Inc.
*Elucida previously benefited from the NJEDA’s Angel Investor Tax Credit Program.
Company: Flowonix
Location: Mount Olive, NJ
Sector: Healthcare | Flowonix develops a medical therapeutic device created to ease drug infusion and delivery to patients. The company specializes in the development of implantable devices to deliver and infuse therapeutic drugs into the spine for the management of chronic and various pain, thus enabling physicians and healthcare professionals to use enhancing drugs for the treatment of neurological disorders.
Deal synopsis: The company raised an estimated $36.5 million of Series B venture funding on January 4.
Investor(s): Led by Farallon Capital Management. Other undisclosed investors also participated in the round.
Pitchbook Profile page: https://pitchbook.com/profiles/company/54042-13
News Release: Flowonix Medical, Inc. and SWK Holdings Corporation Announce Closing of $33 Million Financing
*Flowonix previously participated in the NJEDA’s Net Operating Loss Program.
Company: Blue Sage Solutions
Location: Englewood Cliffs, NJ
Sector: Information Technology | Blue Sage Solutions operates a digital lending platform intended to deliver lending services that optimize operations while maximizing customer experience. The company’s platform is cloud-based and includes mobile applications to provide end-to-end functionality for the lending and fulfillment process regardless of the channel, enabling retail, wholesale, and correspondent lenders to optimize their operation and have a convenient lending experience.
Deal synopsis: The company raised $35 million of venture funding on January 8.
Investor(s): Goldman Sachs and other undisclosed investors
Pitchbook Profile page: https://pitchbook.com/profiles/company/139947-31#overview
News Release: Blue Sage Solutions Announces Investment from Goldman Sachs Growth Equity
Company: Voyager
Location: Jersey City, NJ
Sector: Cryptocurrency, Financial Services, Information Technology| Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution.
Deal synopsis: Voyager raised $25 million in Post-IPO Equity funding on January 14.
Investor(s): N/A
Pitchbook Profile page: N/A
Company: Caladrius Biosciences
Location: Basking Ridge, NJ
Sector: Biotechnology, Pharmaceutical, Therapeutics| Caladrius Biosciences is a clinical-stage biopharmaceutical company.
Deal synopsis: Caladrius Biosciences raised $25 million in Post-IPO Equity funding on January 21st.
Investor(s): National Institutes of Health, National Institutes of Health (NIH), RimAsia Capital Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/14197-87
News Release: Caladrius Biosciences Closes $25.0 Million Private Placement
Company: Citius Pharmaceuticals
Location: Cranford, NJ
Sector: Biotechnology, Life Science, Medical, Therapeutics| Citius Pharmaceuticals is a specialty pharmaceutical company dedicated to the development and commercialization of therapeutic products.
Deal synopsis: Citius Pharmaceuticals raised $20 million in Post-IPO Equity funding on January 25.
Investor(s): Leonard Mazur, Myron Holubiak
Pitchbook Profile page: https://pitchbook.com/profiles/company/107499-07
Company: Cancer Genetics
Location: Rutherford, NJ
Sector: Biotechnology, Genetics, Health Care, Health Diagnostics| Cancer Genetics is laboratory that develops and commercializes proprietary genomic tests and services to empower cancer treatment.
Deal synopsis: Cancer Genetics raised $10 million in Post-IPO equity funding on January 28.
Investor(s): N/A
Pitchbook Profile page: https://pitchbook.com/profiles/company/53982-82
News Release: Cancer Genetics Announces $10.0 Million Private Placement Priced At-the-Market
*Cancer Genetics previously participated in the NJEDA’s Net Operating Loss Program.
Company: Outlook Therapeutics
Location: Cranbury, NJ
Sector: Biopharma, Biotechnology, Pharmaceutical, Therapeutics| Outlook Therapeutics is a biopharmaceutical company focused on developing and commercializing monoclonal antibody biosimilar therapeutics.
Deal synopsis: Outlook Therapeutics raised $10 million in Post-IPO equity funding on January 28..
Investor(s): Perceptive Advisors, venBio Partners, Sabby Management, Cormorant Global Healthcare Master Fund, Longwood Capital Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/65006-29
News Release: Outlook Therapeutics Announces $10.0 Million Bought Deal Offering of Common Stock
Company: Motorika
Location: Mount Laurel, NJ
Sector: Biotechnology, Health Care, Medical| Motorika’s mission is to create robot-assisted solutions to meet the therapeutic needs of patients suffering from a variety of neurological.
Deal synopsis: Motorika raised $4 million in venture funding on January 19.
Investor(s): Russian Direct Investment Fund, Far Eastern High Technology Fund
Pitchbook Profile page: https://pitchbook.com/profiles/company/231157-36
Company: BKON
Location: Moorestown, NJ
Sector: Consumer Products and Services (B2C) | BKON manufactures brewing equipment intended to offer flavored beverages. The company’s equipment uses rain technology to create new rules for flavor enhancement, product stability, and production efficiencies, thereby enabling users to craft a new variety of made-to-order coffees, loose-leaf teas, and cocktails with enhanced flavor, purity, precision, and speed.
Deal synopsis: The company raised $3 million of Series A venture funding on January 5.
Investor(s): Led by GoodWest Industries. Keiretsu Forum also participated in the round.
Pitchbook Profile page: https://pitchbook.com/profiles/company/265127-32#overview
Company: BioStream Technologies
Location: Moorestown, NJ
Sector: Healthcare | BioStream Technologies develops a video game therapy intended to help children with autism spectrum disorder improves their social skills. The company’s therapy uses state-of-the-art technology to create a high-quality experience that includes animations, music, levels, power-ups, and more, enabling children with an autism spectrum disorder to practice skills in a comfortable environment before applying them in the real world.
Deal synopsis: The company raised $725,000 of angel funding on January 13.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/186248-17#overview
Company: CarrotFi
Location: Jersey City, NJ
Sector: Information Technology | CarrotFi develops a cloud financial management platform designed to innovate home-saving strategies at-scale. The company’s platform discovers vital borrower information across the debt journey and drives customized playbooks that look beyond credit scores to create win-win outcomes, thereby, providing investors and borrowers with sustainable solutions for distressed homeowners, at their time-in-need, develop relationships and drive customer lifetime value.
Deal synopsis: CarrotFi joined Entrepreneurs Roundtable Accelerator as a part of Winter 2021 cohort on January 11 and received $100,000 in funding.
Investor(s): Entrepreneur Roundtable Accelerator
Pitchbook Profile page: https://pitchbook.com/profiles/company/442199-62
Company: eBumps
Location: Princeton, NJ
Sector: Business Products and Services (B25) | eBumps provides a mobile advertising platform designed to use location data and the creation of a new advertising medium to provide rapid-paced and targeted advertisements to the public. The company’s platform is made up of 16-inch liquid crystal display (LCD) screens that are placed on the passenger doors of vehicles facing the sidewalk, enabling benefits to both consumers and to advertisers.
Deal synopsis: The company raised $50,000 of convertible debt financing on January 25.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/459350-83
Company: Comprehensive Healthcare Systems
Location: Edison, NJ
Sector: Health Care, Information Technology, Software| Comprehensive Healthcare Systems provides healthcare administrative software solutions.
Deal synopsis: Comprehensive Healthcare Systems raised $50,000 in debt financing on January 14.
Investor(s): Hunch Ventures
Pitchbook Profile page: https://pitchbook.com/profiles/company/183032-83#overview
Company: Tevogen Bio
Location: Metuchen, NJ
Sector: Healthcare | Tevogen Bio provides curative and preventative treatments intended to positively impact global public health. The company’s treatments are offered by leveraging proprietary immunotherapy to develop investigational therapies in oncology, viral vaccines and harnessing its targeted T cell therapy to develop investigational products to treat viral infections, enabling healthcare industry to offer curative and preventive treatments.
Deal synopsis: The company raised an undisclosed amount of angel funding.
Investor(s): HMP Partners of New Jersey
Pitchbook Profile page: https://pitchbook.com/profiles/company/459341-65
News Release: Tevogen Bio Secures Funding from Team of Doctors to Support Clinical Trials of Its Investigational Curative T Cell Therapy for COVID-19
Company: OmniActive Health Technologies
Location: Morristown, NJ
Sector: Health Care, Manufacturing| OmniActive was born from Kancor Ingredients, an ingredient supplier rooted in the food and flavoring industry
Deal synopsis: OmniActive Health Technologies raised an undisclosed amount of private equity funding on January 11.
Investor(s): TA Associates, Everstone
Pitchbook Profile page: https://pitchbook.com/profiles/company/166029-22
News Release: OmniActive Health Technologies Announces Strategic Investment from TA Associates to Accelerate Global Growth
Company: DolphinDB
Location: Jersey City, NJ
Sector: Information Technology | Dolphin DB develops a big data analytical system designed to provide unlimited data scaling capacity. The company’s system integrates a big data database, a lightweight distributed computing framework and a fully-featured vector programming language, enabling finance, telecom and manufacturing businesses to process and analyze huge volumes of data at faster speeds.
Deal synopsis: The company raised an undisclosed amount of Series A venture funding.
Investor(s): Everest VC
Pitchbook Profile page: https://pitchbook.com/profiles/company/181322-47
Company: Income Discovery
Location: Hoboken, NJ
Sector: Financial Services | Income Discovery provides retirement planning services intended to make independent old age living. The company’s services offer investment advice to financial advisors in the construction of a retirement income plan for their clients under the terms described in the commercial agreement, providing customers with safe retirement income.
Deal synopsis: The company raised an undisclosed amount of angel funding on January 14.
Investor(s): Roger Ochs, Shankar Iyer, and Shaun Mathews and other undisclosed investors.
Pitchbook Profile page: https://pitchbook.com/profiles/company/87884-11
Company: HealthG2
Location: Princeton, NJ
Sector: Business Products and Services (B2B) | Provider of undisclosed products and services. The company is currently operating in stealth mode.
Deal synopsis: The company raised $25,000 of angel funding on January 5, 2021.
Investor(s): Undisclosed
Pitchbook Profile page: N/A
Company: Optimeos Life Sciences
Location: Princeton, NJ
Sector: Life Sciences | Optimeos Life Sciences is pioneering a novel nanoparticle-enabled approach for the sustained delivery of biologics to advance medical treatment and patient care.
Deal Synopsis: Optimeos Life Sciences announced on January 14 that it has received a Small Business Technology Transfer (STTR) grant for its technology, which can help create a more robust, versatile, and potent COVID-19 vaccine.
Investor(s): National Science Foundation
Pitchbook: https://pitchbook.com/profiles/company/186401-53#overview
Mergers and Acquisitions
Company: Cantel Medical
Location: Little Falls, NJ
Sector: Health Care, Medical, Medical Device, Water Purification | Cantel Medical is a provider of infection prevention products and services for caregivers, patients, and other healthcare providers.
Deal synopsis: STERIS Corporation announced on January 12 that the company was acquiring Cantel Medical for $4.6 billion.
Pitchbook Profile page: https://pitchbook.com/profiles/company/41334-49
News Release: STERIS Announces Definitive Agreement to Acquire Cantel Medical
Company: Kashiv Specialty Pharmaceuticals
Location: Piscataway, NJ
Sector: Biopharma, Biotechnology, Pharmaceutical| Kashiv Specialty Pharmaceuticals develop complex generics, innovative drug delivery platforms, and novel 505(b)(2) drugs.
Deal synopsis: Amneal Pharmaceuticals announced on January 12 that the company was acquiring Kashiv Specialty Pharmaceuticals for $70 million.
Pitchbook Profile page: N/A
News Release: Amneal to Acquire Substantially All of Kashiv Specialty Pharmaceuticals
Company: Apex IT Group
Location: Mount Laurel, NJ
Sector: Cloud Computing, Cyber Security, Information Technology | Apex IT Group delivers IT managed services through its proprietary process-driven methodology.
Deal synopsis: Thrive announced on January 22 that the company was acquiring Apex IT Group for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/230586-76
Company: Corsis
Location: Livingston, NJ
Sector: Business Intelligence, Consulting, Information Technology | Corsis is a data-powered technology platform that delivers revolutionary insights into technology investments that drive growth and value.
Deal synopsis: Crosslake Technologies announced on January 21 that the company was merging with Corsis for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/113789-71
Company: RAdata
Location: Flanders, NJ
Sector: Environmental Consulting, Environmental Engineering, Water| RAdata offers radon testing and treatment business.
Deal synopsis: Rockbridge Growth Equity announced on January 14 that the company was acquiring RAdata for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/247641-67
Company: CareFirst Specialty Pharmacy
Location: Cinnaminson, NJ
Sector: Health Care, Pharmaceutical| CareFirst Specialty Pharmacy offers compounded medications that are formulated using specific processes to meet specific needs.
Deal synopsis: Axia Women’s Healthannounced on January 8 that the company was acquiring CareFirst Specialty Pharmacy for an undisclosed amount.
Pitchbook Profile page: N/A
Company: Catalent – Blow-Fill-Seal Sterile Contract Development and Manufacturing Business
Location: Somerset, NJ
Sector: Biotechnology, Pharmaceutical| Catalent – Blow-Fill-Seal Sterile CDMO Business is focusing on complex clinical to commercial stage formulation and manufacturing.
Deal synopsis: SK Capital Partners announced on January 6 that the company was buying out Catalent – Blow-Fill-Seal Sterile Contract Development and Manufacturing Business for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/60658-12#overview
News Release: Catalent Divests Blow-Fill-Seal Sterile CDMO Business
Company: VerQu
Location: Raritan, NJ
Sector: Document Management, Information Technology, Software | VerQu offers software solutions, services, and additional cutting-edge technologies.
Deal synopsis: Relativity announced on January 6 that the company was acquiring VerQu for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/343233-10
News Release: Relativity Acquires VerQu, a Data Management Software Company
Company: Servian
Location: Sydney, New South Wales, Australia
Sector: Analytics, Data Integration, Information Technology| Servian design, deliver and manage innovative data & analytics, digital, customer engagement.
Deal synopsis: Cognizant announced on January 10th that the company was acquiring Servian for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/232328-98
Company: Astrix Technology Group
Location: Red Bank, NJ
Sector: Information and Technology Services | Astrix Technology Group is an informatics consulting, professional services and outsourced staffing company dedicated to serving the scientific community.
Deal synopsis: Quad-C Management announced on January 4 that it had acquired Astrix Technology Group.
Pitchbook Profile page: https://pitchbook.com/profiles/company/130568-41#funding
News Release: Quad-C Management Announces Two New Services Investments and the Sale of Inmark
Company: MIAX New Jersey
Location: Princeton, NJ
Sector: Financial Technology | MIAX New Jersey is an operator of a fully-electronic exchange intended for the trading of equity options.
Deal synopsis: MIAX New Jersey announced on December 18 that it closed on $94.9 million in funding.
Investor(s): Undisclosed
Crunchbase Profile page: https://www.crunchbase.com/organization/miax
Company: Medocity
Location: Parsippany, NJ
Sector: Information Technology | Medocity offers a virtual care platform designed for enterprise solution to enable continuous, patient-centric care.
Deal synopsis: Medocity closed on $10.84 million in venture funding on December 17.
Investor(s): Undisclosed
Crunchbase Profile page: https://www.crunchbase.com/organization/medocity
Company: Hive Brands
Location: Old Bridge, NJ
Sector: Consumer Products and Services (B2C) | Hive Brands operates an online marketplace intended to make food and cleaning supplies easy. The marketplace offers food products, snacks, beverages, baby products, laundry products, pet products and consumer durables, enabling consumers to buy their daily use products from a single site.
Deal synopsis: Hive Brands announced on December 31 that it had raised $5.11 million of angel funding.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/458033-86#overview
Company: Partake Foods
Location: Hoboken, NJ
Sector: Consumer Products and Services (B2C) | Partake produces and supplies gluten-free, vegan, and allergy-friendly cookies. The company’s products include a variety of cookies such as sprouted grain chocolate chip mini cookies, double chocolate chip mini cookies, sweet potato millet mini cookies, carrot oat mini cookies, and birthday cake mini cookies, enabling customers to get a variety of healthy snacks.
Deal synopsis: The company announced on December 31 that it had raised $4.8 million of venture funding.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/234888-76
Company: Squan
Location: Englewood, NJ
Sector: Telecommunications | Squan provides innovative solutions that enable the evolution of wireless and data networks.
Deal synopsis: Squan announced on December 7 that it had closed on $4 million in venture funding.
Investor(s): Undisclosed
Crunchbase Profile page: https://www.crunchbase.com/organization/squan
Company: Ladder (US)
Location: NJ
Sector: Information Technology | Ladder has developed an online professional community platform designed to grow the career of students and professionals. The company’s platform gives students a space to talk about their careers, form connections with like-minded peers, get advice from industry experts, and participate in recruiting opportunities.
Deal synopsis: The company raised $3.07 million of angel funding on December 7.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/442548-55
Company: Hazel
Location: Jersey City, NJ
Sector: Consumer Products and Services (B2C) | Hazel operates an online portal intended to encourage female care. The company’s portal provides products that encourage women to express themselves in the manner they want, enabling women to enjoy their lives.
Deal synopsis: The company raised $2.52 million of venture funding on December 29.
Investor(s): Blue Slide Ventures and Human Ventures
Pitchbook Profile page: https://pitchbook.com/profiles/company/434240-02#overview
Company: TruElastin Laboratories
Location: Chatham, NJ
Sector: Healthcare | TruElastin Laboratories develops medical devices for crosslinking and stabilizing natural elastin. The company’s device is used to release the elastin-stabilizing compound within a body lumen of a patient, enabling doctors to use the device as a longer-duration soft tissue filler for aesthetic applications.
Deal synopsis: The company announced on December 4 that it had raised $2 million of angel funding through a combination of equity and debt.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/454700-80
Company: Notitia Biotechnologies
Location: Monmouth Junction, NJ
Sector: Biotechnology | Notitia Biotechnologies develops a biotechnology platform that uses a new method for microbiome data analysis and discovery.
Deal synopsis: Notitia Biotechnologies announced on December 15 that it had raised $1.5 million on December 15.
Investor(s): Undisclosed
Crunchbase Profile page: https://www.crunchbase.com/organization/notitia-biotechnologies
Company: Soligenix
Location: Princeton, NJ
Sector: Biopharmaceutical | Soligenix, Inc. focuses on developing and commercializing products to treat rare diseases where there is an unmet medical need.
Deal synopsis: Soligenix announced on December 28 that it has been awarded a Direct to Phase II Small Business Innovation Research (SBIR) grant of approximately $1.5 million to support manufacture, formulation (including thermostabilization) and characterization of COVID-19 (Coronavirus Disease 2019) and EVD (Ebola Virus Disease) vaccine candidates in conjunction with the CoVaccine HT™ (CoVaccine) adjuvant.
Investor(s): The National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health (NIH).
Pitchbook Profile page: https://pitchbook.com/profiles/company/41938-48
News Release: Soligenix Announces $1.5 Million NIH Small Business Innovation Research Award Advancing COVID-19 Vaccine Development
*Soligenix previously participated in the NJEDA’s Net Operating Loss Program.
Company: Adapty
Location: Cranford, NJ
Sector: Information and Technology Services | Adapty designs and develops omnichannel solutions that drive customer engagement and enable business growth.
Deal synopsis: Adapty announced on December 22 that it raised $500,000 in pre-seed funding.
Investor(s): 500 Startups, Genesis Investments, AdFirst.vc
Crunchbase Profile page: https://www.crunchbase.com/organization/adapty-6702
Company: Couple
Location: Basking Ridge, NJ
Sector: Information Technology | Couple provides a virtual dating platform designed to connect with real people, not online profiles. The company’s platform spares hours of swiping by sitting at a virtual table with actual dates, enabling people to get matches over private video feeds.
Deal synopsis: The company announced on December 8 that it had raised $400,000 of angel funding.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/455164-12
Company: Iron Hills Therapeutics
Location: Andover, NJ
Sector: Healthcare | Iron Hill Therapeutics operates a therapeutics company based Andover.
Deal synopsis: The company raised $390,000 of convertible debt financing on December 28.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/458240-32
Company: I Got It
Location: Bridgewater, NJ
Sector: Information Technology | I Got It develops an online auction platform intended to engage fans to bid in real-time on experiences and merchandise. The company’s platform allows fans to auction their experiences, merchandise, and memorabilia exclusively at the venues they are attending, enabling them to enhance their monetization of existing souvenir and memorabilia through targeted sales.
Deal synopsis: The company closed on $264,400 of equity crowdfunding on December 13.
Investor(s): Crowdfunding via Wefunder
Pitchbook Profile page: N/A
Company: Chinah
Location: East Brunswick, NJ
Sector: Consumer Products and Services (B2C) | Operator of a Chinese restaurant intended to offer healthy and simple made food.
Deal synopsis: The company joined Newchip on December 14 and received an undisclosed amount of funding.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/454581-01#overview
Company: Emitrr
Location: West New York, NJ
Sector: Information and Technology Services | Emitrr is an all in one platform that helps its clients build and publish voice apps on Alexa/Google Home.
Deal synopsis: Emitrr announced on December 22 that it had closed on an undisclosed amount of pre-seed funding.
Investor(s): Axilor Ventures
Pitchbook Profile page: https://www.crunchbase.com/organization/emitrr
Company: HiT Nano
Location: Bordentown, NJ
Sector: Clean Energy | HiT Nano develops next generation, low cost and high performance, Li-Ion batteries and energy storage systems by using novel high temperature nanotechnologies
Deal Synopsis: The Binational Industrial Research and Development (BIRD) Foundation announced on December 20 plans to award Hit Nano and Israeli company Tadiran Batteries an undisclosed amount in grant awards to their joint project to develop silicon anode, nickel rich cathode, high-energy high-safety AA Li-Ion Cell for industrial internet of things applications (IOT).
Investor(s): The U.S. Department of Energy, Israel’s Ministry of Energy and the Israel Innovation Authority
Pitchbook Profile Page: https://pitchbook.com/profiles/company/225739-36
Mergers & Acquisitions
Company: Sparta Systems
Location: Holmdel, NJ
Sector: Enterprise Software, Information Technology, Software | Sparta Systems develops Trackwise quality management system software that helps manage quality and compliance processes.
Deal synopsis: Honeywell International announced on December 22 that it was acquiring Sparta Systems for $1.3 billion.
Pitchbook Profile page: https://pitchbook.com/profiles/company/11020-42
News Release: Honeywell Expands Life Sciences And Software Capabilities Through Acquisition Of Sparta Systems
Company: QuickChek
Location: Whitehouse, NJ
Sector: E-Commerce, Retail | QuickChek is a privately owned, Dunellen, New Jersey based chain of convenience stores with 112 stores in New Jersey and New York.
Deal synopsis: Murphy USA announced on December 14 that the company was acquiring QuickChek for $645 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/185452-12
Company: Matrixx Initiatives
Location: Bridgewater, NJ
Sector: Biotechnology, Health Care | Matrixx initiatives is a company focused on the development of over-the-counter medicine.
Deal synopsis: Church and Dwight, Co. announced on December 1 that it had finalized the acquisition of Matrixx Initiatives for $530 million.
Pitchbook Profile page: https://pitchbook.com/profiles/company/41143-42
News Release: Church & Dwight Acquires Zicam Brand for $530 Million
Company: Wedgewood Pharmacy
Location: Swedesboro, NJ
Sector: Pharmaceutical, Veterinary | Wedgewood Pharmacy is the largest compounding company devoted to animal health in the United States.
Deal synopsis: Partners Group announced on December 9 that it was acquiring Wedgewood Pharmacy for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/145055-71
News Release: Partners Group Will Become New Majority Shareholder of Wedgewood Pharmacy
Company: Genesis Research
Location: Hoboken, NJ
Sector: Consulting, Life Science, Pharmaceutical | Genesis Research is a global life sciences research and consulting company.
Deal synopsis: Sirius Market Access announced on December 3 that it was acquiring Genesis Research for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/360350-11
News Release: Genesis Research Announces Merger with UK-based Sirius Market Access
Company: Apprentice.io
Location: Jersey City, NJ
Sector: Information Technology | Apprentice.io develops enterprise augmented reality that offers solutions for complex manufacturing processes, biopharma and research and development.
Deal synopsis: Apprentice.io announced on November 19 that it had raised $24 million through a combination of debt and Series B venture funding.
Investor(s): Deal led by Insight Partners and included investments from PacWest Bancorp, Pritzker Group Venture Capital, The Venture Reality Fund, and GFR Fund.
Pitchbook Profile page: https://pitchbook.com/profiles/company/181523-62
News Release: Apprentice.io Raises $24 Million Series B Led by Insight Partners
*Apprentice.io benefited from the NJEDA’s NJ CoVest Fund.
Company: Urigen Pharmaceuticals
Location: Bound Brook, NJ
Sector: Pharmaceuticals | Urigen Pharmaceuticals designs and implements products for patients with urological ailments.
Deal synopsis: Urigen Pharmaceuticals announced on November that it had raised $3.02 million in funding.Investor(s): Undisclosed
Crunchbase Profile page: www.crunchbase.com/organization/urigen-pharmaceuticals
Company: Devron
Location: North Brunswick, NJ
Sector: Information Technology | Devron operates a data science product platform intended to focus on democratizing machine learning in distributed silos.
Deal synopsis: The company announced on November 23 that it had raised $3 million of venture funding.
Investor(s): Essence VC as well as other undisclosed investors
Pitchbook Profile page: https://pitchbook.com/profiles/company/454261-06
Company: Tetrels Technology Corp.
Location: Princeton, NJ
Sector: Nanotechnology | Tetrels has created the world’s first Graphene-integrated ultrafiltration membrane that reduces fouling and doubles the lifespan and efficiency of membrane cartridges, saving the average customer hundreds of thousands of dollars/year.
Deal Synopsis: Tetrels Technology Corp. announced on November 5 that it had raised $2.27 million in angel funding.
Investor(s): CM Venture Capital
Pitchbook Profile page: https://www.crunchbase.com/organization/tetrels-technology-corp
Company: Income Discovery
Location: Hoboken, NJ
Sector: Financial Services | Income Discovery provides retirement planning services intended to make independent old age living easier. The company’s services offer investment advice to financial advisors in the construction of a retirement income plan for their clients under the terms described in the commercial agreement, providing customers with safe retirement income.
Deal synopsis: The company raised $1.3 million of convertible debt financing on November 4.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/87884-11#overview
Company: CollectiveCare Dental
Location: Moorestown, NJ
Sector: Healthcare | CollectiveCare Dental operates a dental service organization intended to help dentists build the multi-specialty network in dentistry. The organization offers personalized patient experiences, full range of treatment options and dental career destination, enabling dentists to deliver a higher level of patient care.
Deal synopsis: The company raised $462,580 of angel funding on November 24.
Investor(s): Undisclosed
Pitchbook Profile page: N/A
Company: Vivo Kidney Care
Location: Newton, NJ
Sector: Healthcare | Vivo Kidney Care is the operator of a renal diagnostics company intended to improve dialysis outcomes. The company’s services are equipped with state-of-the-art machinery, trained staff, and international standard practices, impart training for dialysis nurses and technologists, enabling doctors to improve the standard of dialysis treatment in Kenya.
Deal synopsis: The company raised $160,000 of angel funding on November 30.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/185399-83
Company: Dome Audio
Location: Rahway, NJ
Sector: Consumer Products and Services | Dome Audio develops dual fidelity headphones that use surround sound and bone conduction technology to allow both open and closed ear listening, enabling users to hear music in full fidelity while simultaneously hearing important ambient sounds in the environment.
Deal synopsis: Dome Audio raised $92,796 of equity crowdfunding as of November 19.
Investor(s): Crowdfunding via NetCapital
Pitchbook Profile page: N/A
Company: Alitair Pharmaceuticals
Location: Morristown, NJ
Sector: Healthcare | Alitair is developing proprietary ion-exchange resin formulations, prescription cough medicines, and a pipeline of orphan drugs.
Deal synopsis: The company announced on November 11 that it it raised $35,000 of angel funding.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/125557-12
Company: Parataxis
Location: NJ
Sector: Financial Services | Parataxis operates a multi-strategy investment firm focused on the digital asset sector. The company serves as an investment manager for funds.
Deal synopsis: The company raised an undisclosed amount of venture funding on November 9.
Investor(s): Bill Block, Jamie Selway, Rishi Nangalia, Richard Gorelick Family Office, and other undisclosed investors
Pitchbook Profile page: https://pitchbook.com/profiles/company/452783-89
Mergers & Acquisitions
Company: Emisphere Technologies
Location: Roseland, NJ
Sector: Pharmaceuticals | Emisphere utilizes its proprietary Eligen Technology to create new oral formulations of therapeutic agents.
Deal synopsis: Novo Nordisk announced on November 6 that it was acquiring Emisphere Technologies for $1.35 billion.
Pitchbook Profile page: https://pitchbook.com/profiles/company/41173-03
News Release: Novo Nordisk Completes Acquisition of Emisphere Technologies for $1.35 Billion
Company: Enpirion
Location: Hampton, NJ
Sector: Consumer Electronics | Enpirion is an analog semiconductor company offering highly-integrated power management solutions.
Deal synopsis: Enpirion was acquired by Richtek Technology Corporation for $85 million on November 18.
Pitchbook Profile page: N/A
Company: W-Systems Corp.
Location: Ramsey, NJ
Sector: Information Technology & Services | W-Systems Corp. is a national provider of transformational sales and marketing technology.
Deal synopsis: SugarCRM announced on November 5 that it was acquiring W-Systems Corp. for an undisclosed amount.
Pitchbook Profile page: https://pitchbook.com/profiles/company/183383-29
News Release: SugarCRM Acquires W-Systems
Company: NJLTC
Location: Hazlet, NJ
Sector: Insurance | NJLTC specializes in long-term care and disability income insurance solutions for its clients and distribution partners.
Deal synopsis: Acquired by LTC Global on November 5 for an undisclosed amount.
Pitchbook Profile page: N/A
Company: DriveWealth
Location: Chatham, NJ
Sector: Financial Technology | DriveWealth is a digital trading technology company that develops cloud-based, API-driven brokerage infrastructure.
Deal synopsis: DriveWealth announced on October 27 that it raised $56.7 million in Series C funding.
Investor(s): Fidelity International Strategic Ventures, Mouro Capital, Point72 Ventures, Quite Growth, Raptor Group, Route 66 Ventures, SBI Group
Crunchbase Profile page: https://www.crunchbase.com/organization/drivewealth
News Release: DriveWealth lands $56.7 million Series C funding round to bolster technology, support acquisition strategy
Company: Arable Labs
Location: Princeton, NJ
Sector: Information Technology | Arable Labs has developed a crop analytics platform designed to manage weather risk and crop health.
Deal synopsis: Arable announced on October 29 that it had raised $20 million in investments.
Investor(s): Ajax Strategies, Alumni Ventures Group, Argonautic Ventures, Cantos Ventures, Chase field, Fred Bould, Imagine H2O, iSelect Fund, M20, Middleland Capital, National Science Foundation, New York City Regional Innovation Node, Prelude Ventures, S2G Ventures, SparkLabs, SVG Ventures, Village Capital.
Pitchbook Profile page: https://pitchbook.com/profiles/company/134273-98
News Release: Arable Raises $20M to Digitize Agriculture and Optimize the Food System
*Arable Labs previously participated in the NJEDA’s Net Operating Loss Program.
Company: H2 – Greenforce
Location: NJ
Sector: Energy | H2-Greenforce develops self-sustainable electric infrastructure intended to decarbonize our planet through the production of green electricity.
Deal synopsis: H2 – Greenforce announced on October 27 that it has raised $12 million in investments.
Investor(s): Kevin Harrington
Pitchbook Profile page: https://pitchbook.com/profiles/company/442974-88
Company: Transcend Street Solutions
Location: Piscataway, NJ
Sector: Information Technology | Transcend develops software designed for businesses to manage collateral effectively.
Deal synopsis: Transcend announced on October 29 that it raised $10 million in investments.
Investor(s): Nyca Partners
Pitchbook Profile page: https://pitchbook.com/profiles/company/146591-83
Company: Aspargo Labs
Location: Englewood Cliffs, NJ
Sector: Healthcare | Asparago Labs is developing an oral spray designed to treat erectile dysfunction.
Deal synopsis: Aspargo Labs announced on October 15 that it had raised $7.9 million.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/437597-83
Company: BioAegis Therapeutics
Location: North Brunswick, NJ
Sector: Healthcare | BioAegis Therapeutics is a clinical-stage drug development company that intends to facilitate the treatment of inflammation and infectious diseases.
Deal synopsis: BioAegis Therapeutics announced on October 7 that it had raised $7 million in investments.
Investor(s): National Institute Of Allergy and Infectious Diseases
Pitchbook Profile page: https://pitchbook.com/profiles/company/56089-90
*BioAegis Therapeutics graduated from the NJEDA’s Bioscience Center – Incubator in North Brunswick.
Company: Disprz
Location: West Orange, NJ
Sector: Business Products and Services (B2B) | Disprz develops a mobile learning and engagement platform intended to help organizations digitally onboard, up-skill, continuously develop, and empower employees across organizational ranks.
Deal synopsis: Disprz announced on October 5 that it had raised $1.6 million in investments.
Investor(s): Auctus Capital, GO1, IL&FS Investment Managers, Kae Capital, Oracle, VentureOutNY
Pitchbook Profile page: https://pitchbook.com/profiles/company/169456-51
Company: RunSignup
Location: Moorestown, NJ
Sector: Information Technology | Developer of an all in one registration platform intended for fundraising and endurance events.
Deal synopsis: RunSignup announced on October 8 that it had raised $3.12 million in Series A funding.
Investor(s): Payroc.
Pitchbook Profile page: https://pitchbook.com/profiles/company/96656-23
Company: Bioincept
Location: Cherry Hill, NJ
Sector: Biotechnology | BioIncept develops compound for embryo development in humans.
Deal synopsis: BioIncept announced on October 19 that it has raised $3.1 million in venture funding.
Investor(s): Undisclosed
Crunchbase Profile page: https://www.crunchbase.com/organization/bioincept
Company: Technology Keiretsu
Location: Morristown, NJ
Sector: Financial Services | Operator of a holding company intended to offer IT consulting services.
Deal synopsis: Technology Keiretsu announced on October 13 that it had raised $2 million in angel investments.
Investor(s): NewSpring Capital, TechSys.
Pitchbook Profile page: https://pitchbook.com/profiles/company/92829-79
Company: Glimpse
Location: Monroe Township, NJ
Sector: Business Products and Services (B2B) | Operator of a two-sided marketplace dedicated to connecting retail brands with short-term rental hosts.
Deal synopsis: Glimpse announced on October 13 that it had raised $1.5 million in seed-round funding.
Investor(s): Aces Syndicate, Bangaly Kaba, Bradley Horowitz, GSR Ventures, Julia Hartz, Kevin Hartz, Origin Ventures, Vibhu Norby, Y Combinator.
Pitchbook Profile page: https://pitchbook.com/profiles/company/442603-00
Company: Borobabi
Location: Paterson, NJ
Sector: Consumer Products and Services (B2C) | Borobabi develops a clothing brand designed to offer ethically-produced children’s garments.
Deal synopsis: Borobabi announced on October 8 that it had raised $472,000 in angel investments.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/442371-25
Company: InquisitHealth
Location: River Edge, NJ
Sector: Healthcare |InquisitHealth provides a peer-to-peer mentoring service intended to provide guidance through structured programs and improve patient outcomes.
Deal synopsis: InquisitHealth announced on October 20 that it had raised $260,000 in late-stage venture capital funding.
Investor(s): AmeriHealth, Blueprint Health, DreamIt Ventures, Hudson River Capital Partners, New Jersey Economic Development Authority, Solve Accelerator, U.S. Department of Health and Human Services.
Pitchbook Profile page: https://pitchbook.com/profiles/company/54874-90
*InquisitHealth previously benefited from the NJEDA’s NJ CoVest Fund.
Company: Cila Labs
Location: Pinebrook, NJ
Sector: Information Technology | Cila Labs develops an online platform intended to provide technical assistance to non-tech entrepreneurs.
Deal synopsis: Cila Labs announced on October 21 that it had raised $250,000 in angel investments.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/442829-44
Company: Bionex Pharmaceuticals, LLC
Location: North Brunswick, NJ
Sector: Pharmaceuticals | Bionex Pharmaceuticals offers contract research and development services, from early-stage concept development to full-scale commercialization, in bio-pharmaceutical, food and cosmetic products. The company also develops and out-licenses its own proprietary formulations, technologies, and products related to drug, health food, and skin-care applications.
Deal synopsis: Bionex Pharmaceuticals received a $200,000 angel investment on October 6.
Investor(s): Undisclosed
Crunchbase Profile page: N/A
Company: Voyager
Location: Jersey City, NJ
Sector: Financial Services | Voyager is a crypto asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets.
Deal synopsis: Voyager announced on October 31 that it had closed raised $110,545 in post-IPO equity.
Investor(s): Undisclosed
Crunchbase Profile page: https://www.crunchbase.com/organization/voyager-8ad4
Company: Basement Sports
Location: Jersey City, NJ
Sector: Information Technology | Operator of a gaming platform intended to stimulate creative and loosely structured indoor play for kids of all ages.
Deal synopsis: Basement Sports announced on October 1 it had raised $51,500 in crowd funding.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/438881-32
Company: Signal Insights
Location: North Caldwell, NJ
Sector: Consumer Products and Services (B2C) | Signal Insights develops a news update platform intended to monitor the client and industry news, key website changes, press releases and blog posts.
Deal synopsis: Signal Insights announced on October 14 it had received a $50,000 angel investment.
Investor(s): Undisclosed
Pitchbook Profile page: https://pitchbook.com/profiles/company/442603-90
Company: Volan Technology
Location: Hoboken, NJ
Sector: Computer Software | Volan Technology is an artificial intelligence-powered Precise Positioning technology to enable the next generation of smart building automation
Deal synopsis: Volan Technology announced on October 27 that it had received a $25,000 grant.
Investor(s): Lee Prize for Innovation and Entrepreneurship
Crunchbase Profile page: https://www.crunchbase.com/organization/volan-technology
Company: ROAR Augmented Reality
Location: East Hanover, NJ
Sector: Information Technology & Services | ROAR Augmented Reality is a software-as-a-service no-code augmented reality (AR) content management platform that enables businesses and enterprises to create, deploy, and manage AR content at scale.
Deal synopsis: ROAR Augmented Reality announced on October 30 that it had raised on an undisclosed amount of angel funding.
Investor(s): 37 Angels, Golden Seeds, Golden Seeds Venture Fund, Next Act Fund, SmartHub
Crunchbase Profile page: https://www.crunchbase.com/organization/theroar
*ROAR Augmented Reality was the first company to receive an investment from Golden Seeds investors since the NJ Chapter of Golden Seeds was founded in February 2020.
Mergers & Acquisitions
Company: Helix eSports
Location: North Bergen, NJ
Sector: Esports | Helix eSports offers world class gaming and virtual reality experiences at state-of-the-art esports centers.
Deal synopsis: Esports Entertainment Group announced on October 26 that it was acquiring Helix eSports for approximately $43 million.
Crunchbase Profile page: https://www.crunchbase.com/organization/helix-esports
News Release:Esports Entertainment Group Signs Agreement to Acquire Helix eSports and ggCircuit in Deal Valued at $43 Million
Company: TrialScope
Location: Jersey City, NJ
Sector: Computer Software | TrialScope provides clinical trial disclosure and transparency management technology to the global marketplace.
Deal synopsis: TrialScope announced on October 1 that it was acquiring pharmaceutical company Eisai for an undisclosed amount.
Pitchbook Profile page: http://www.pitchbook.com/profiles/company/63651-70#timeline
*TrialScope previously participated in the NJEDA’s Net Operating Loss Program. NJEDA also invested in TrialScope through its limited partnership investment into Edison Partners.
