Drive Capital’s Post

Forge Biologics is excited to announce that we have entered into a definitive agreement with Ajinomoto Co., Inc. for a $620 million all-cash acquisition. With a shared vision to enhance global gene and cell therapy manufacturing capabilities, this partnership will propel Forge's next stage, benefiting our clients and patients. Forge's mission to accelerate access to life-changing genetic therapies will continue and expand as we move into this new phase of growth! Read the full press release here: https://bit.ly/46bhjDo

I'm excited to announce our oversubscribed $3M seed round led by Drive Capital with additional participation from Resolute Ventures, Detroit Venture Partners, Alumni Ventures, and several other angels/funds. Today, even big tech companies like Stripe and Shopify are struggling to deploy working copilots despite pouring millions into building them. At Layer, we’re creating the first standardized framework for building copilots. Our mission is to turn the process from a 6+ month engineering project into something any developer can do in a few hours. Feel free to apply on our website if you’d like to learn more! https://lnkd.in/ec5pqUje

We are excited to publicly launch Sparx and announce that we’ve raised a $3.1 million seed round from Drive Capital, Thrive Capital, HUMAN CAPITAL, and Wicklow Capital! Sparx is Truebill for businesses. Just like Truebill did for consumers, we identify areas of non-usage or overspend and automate workflows to curb these costs, including SaaS, cloud, and business insurance. Sparx automatically cancels that wasted spend for free(!), and businesses get their time and money back. tl;dr we save companies money for free in minutes. Thank you Christine Hall and Ryan Lawler for the opportunity to tell our story on TechCrunch and Axios today!