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October 9, 2025 - Deals
Focal Raises $5 Million From Distributed Ventures And Wischoff Ventures For AI Productivity Platform
Focal, a San Francisco-based provider of an AI-powered productivity platform for financial advisors, has raised $5 million in funding led by Distributed Ventures, with participation from Wischoff Ventures and others. Led by CEO John Connell, the company will use the funds to advance its meeting automation, performance coaching, and back-office workflow solutions. Focal’s platform helps financial advisors streamline meeting prep, CRM workflows, and onboarding, all while maintaining enterprise-grade security and compliance on Microsoft Azure.
INVESTORS: Distributed Ventures & Wischoff Ventures
AMOUNT: $5,000,000
HQ: #SanFrancisco #California
#VentureCapital #Focal #DistributedVentures #WischoffVentures #JohnConnell #TradedVC
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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts.
FOUNDERS: Ben Lamm & George Church
TARGET VALUATION: $23,000,000,000
HQ: Dallas, Texas
#VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC