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STEM NOLA Teams with Obatala Science & CellSpring to Expose Students to Careers and Medical Research at Biotech Startups A dozen teens will learn about stem cell research, tissue engineering and preclinical evaluation from biotechnology professionals News provided by Share this article Share this article NEW ORLEANS, April 30, 2021 /PRNewswire/ -- STEM NOLA is proud to partner with Obatala Sciences and CellSpring to engage at least a dozen high school students from the greater New Orleans area in a series of courses that will expose teens to careers in biotechnology startup companies. This e...

Elevate Capital Launches $40 Million Fund II to Expand Mission of Inclusive Investing First wave of national investments is in six startups led by Black founders or CXOs across tech, life sciences, and medical devices. News provided by Share this article Share this article PORTLAND, Ore., Jan. 26, 2021 /PRNewswire/ -- Elevate Capital recently completed a $26.0 million first close of the Elevate Fund II to enhance its efforts to support underserved minority and women entrepreneurs with early-stage funding. With Fund II now officially launched, Elevate Capital has already lined up six investme...

Elevate Capital raises $26M for second fund to invest more dollars into minority-led startups Geekwire 1/26/2021 Taylor Soper © Provided by Geekwire Elevate Capital raises $26M for second fund to invest more dollars into minority-led startups Portland, Ore.-based firm Elevate Capital has raised $26 million as part of its $40 million Fund II. Elevate focuses on backing underrepresented entrepreneurs, including women and minorities. The firm launched in 2016 and has invested $10 million in 29 startups; 80% are led by diverse founders. It says the first fund is performing in...

Obatala Sciences, a New Orleans company that helps pharmaceutical companies bring new drugs to market faster than through conventional testing, has received an investment from an Ochsner Health-related investment group aimed at turbocharging its growth. Obatala said Thursday that it had received "a major financial investment" from the Healthcare Innovation Fund II, whose investors include Ochsner Health, Ochsner Lafayette General, Acadian Companies and the William C. Schumacher Family Foundation. The fund targets investments in firms that have proved their technology and are at a fast-growth ...