Monthly Archives - August 2023

Myomo Announces Closing of $4.4 Million Public Offering

Myomo, Inc., a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced the closing of its previously announced "reasonable best efforts" public offering of 7,333,334 shares of common stock (or common stock equivalents in lieu thereof) at a public offering price of $0.60 per share for aggregate gross proceeds of approximately $4.4 million, before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds...
Read more...

From the US to EU, how EcoSoul Home clocked over Rs 100 cr in GMV by exporting sustainable products

Launched in August 2020, eco-friendly home essentials brand EcoSoul Home aims to accelerate the movement towards a sustainable lifestyle by tapping Earth’s most renewable sources. With a diverse range of products in kitchen ware, dinnerware and cutlery, the brand claims to drive the 3As of sustainability — awareness, availability and affordability. It also seeks to support the SME sector by giving them access and exposure to global markets. Rahul Singh, Co-founder, EcoSoul Home, tells ET Online about their focused goals...
Read more...

Alzheimer’s Drug Discovery Foundation Joins Astrocyte Pharmaceuticals’ $6M Pre-Series B Financing Round to Expand Development of Cerebroprotectant AST-004

Astrocyte Pharmaceuticals Inc., a clinical-stage drug discovery and development company advancing novel cerebroprotective therapeutics for patients with brain injuries, announced an oversubscribed pre-Series B Bridge financing round of over $6M that was led by Dreavent Capital, and joined by the Alzheimer's Drug Discovery Foundation, and other investors. The funding will accelerate the clinical development of AST-004, a highly promising therapeutic candidate aimed at treating a broad array of acute brain injuries including stroke and traumatic brain injury (TBI), and further...
Read more...

Akston Biosciences to Focus on Strong Animal Health Pipeline

Akston Biosciences Corporation announced today that it will focus on inventing, developing, and manufacturing breakthrough protein therapeutics for Companion Animal Health, utilizing its versatile Ambifect™ Fc-fusion platform and its Beverly, Massachusetts cGMP biologics manufacturing facility. Akston is spinning off its infectious disease vaccine and human Type 1 Diabetes prevention lines of business into two wholly-owned subsidiaries: Vakston, Inc. and Diamune Therapeutics, Inc. Akston’s most advanced Animal Health candidates, AKS-321d and AKS-425c, are once-a-week insulins designed to treat canine and feline...
Read more...

Bhumi Pednekar announced as ambassador for EcoSoul Home

Pednekar is recognised for her dedication to environmental causes and her effort in promoting sustainable lifestyle choices. By joining forces with EcoSoul, she will further advocate for conscious consumption and the importance of choosing environmentally friendly alternatives to single-use plastics, the brand press release states. EcoSoul Home Inc., eco-friendly products company, has announced the enlistment of acclaimed actor and environmental advocate Bhumi Pednekar as their brand ambassador. Pednekar is recognised for her dedication to environmental causes and her efforts in...
Read more...

100 Ways to Fix The Future

The World needs better role models. Don’t you know there are literally thousands of people out there working on mind-blowing solutions to the world’s greatest challenges? That’s why we’ve created the Impact/100. It’s a list of the world’s most promising impact startups, as chosen by Norrsken and our partners. The Impact/100 exists to give you energy, hope and positive inspiration. And to remind you that, even though things might not always look so hot, there’s some incredible role models out...
Read more...

How sustainability will change the face of economy in the long run?

While sustainability includes economic, social, and environmental considerations, it is also the biggest economic opportunity of our time. Sustainability is all about long-term effects, a concern for the generations to come, and a promise to leave the planet better than it is today. And while this mission might be critical, this concept is challenging on its own. Simply put, sustainability comes with a triple bottom line, including economic, social, and environmental considerations. But regardless, sustainability is, in fact, also the...
Read more...

Bhilai to Global Success, How a Middle-Class Boy Built a Rs 280 Crore Eco-Friendly Brand

Hailing from the city of Bhilai in Chhattisgarh's Durg district, Rahul Singh co-founded EcoSoul Home, an eco-friendly product brand which has achieved a turnover of Rs 280 crore in just three years. His rise to success is particularly remarkable as he grew up in a middle-class family and studied in a local government school where even the basic amenities like working ceiling fans were often missing. Teaming up with his colleague, Arvind Ganesan, Rahul left behind the comfort and security...
Read more...

12 Best Low-Calorie Wines You Should Buy Right Now

Did you know that drinking wine in moderation may help you live longer and even protect your brain? It's true! But despite all the benefits of drinking wine, promoting weight loss isn't one of them. Weight loss is a numbers game, so if you can reduce calories in your diet outside of your regular (or infrequent) glass of wine, you can still lose weight. Archer Roose Bubbly Wine - 95 calories, 2g sugar, 10.5% ABV. Archer Rose makes delicious, low-calorie...
Read more...