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July 1, 2025 - Deals
Othership Secures $11.3 Million From Investors For U.S. Expansion Of Wellness Experiences
Toronto-based wellness startup Othership, co-founded by Robbie Bent, has raised $11.3 million through a SAFE to fuel its U.S. expansion, focusing on growing its immersive social sauna and ice bath experiences in New York and beyond. Founded in 2019, Othership aims to offer alcohol-free, phone-free spaces for breathwork, community connection, and emotional wellness, and is backed by notable investors including Rocana Ventures and pop singer Shawn Mendes.
INVESTORS: Vine Ventures, Rocana Ventures, 5D World, Arben Ventures, DML Group, AG Ventures, Ambush Capital, Andrew Yeung, Shawn Mendes & Elizabeth Cutler
AMOUNT: $11,300,000
HQ: #Toronto #Ontario #Canada
#VentureCapital #Othership #VineVentures #RocanaVentures #5DWorld #ArbenVentures #DMLGroup #AGVentures #AmbushCapital #ShawnMendes #ElizabethCutler #RobbieBent #TradedVC
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View AllJasper Therapeutics Acquires Kira Pharmaceuticals For $132 Million With Investment From Affinity Asset Advisors And Ikarian CapitalJasper Therapeutics has completed its all-stock acquisition of Kira Pharmaceuticals and secured approximately $132 million in new capital through a private placement, creating a combined immunology-focused biotech company with a three-asset pipeline. The financing was co-led by Affinity Asset Advisors and Ikarian Capital, with participation from several institutional investors, and is expected to support operations through the second half of 2028. The merged company will advance programs including KP-104, briquilimab, and KP-701, while Kira has also out-licensed two additional assets to Mirador Therapeutics in a deal that includes upfront, milestone, and royalty payments. Jasper CEO Jeet Mahal will continue to lead the combined company, which will remain listed on Nasdaq under the ticker JSPR.
SALE PRICE: $132,000,000
HQ: Redwood City, California
#VentureCapital #JasperTherapeutics #KiraPharmaceuticals #TradedVC
Runta Raises $20 Million Seed Round Led By A16z For AI Agent InfrastructureRunta, a San Francisco Bay Area startup building the execution layer for AI agents, has raised a $20 million seed round led by a16z. The company’s platform helps organizations control what AI agents can do while they run by limiting access, capping spending, and maintaining records of agent actions. Founded by Guanlan Dai, Runta aims to provide the infrastructure and guardrails needed to safely deploy and manage autonomous AI agents at scale.
FOUNDER: Guanlan Dai
INVESTOR: a16z
ROUND: Seed
AMOUNT: $20,000,000
HQ: San Francisco Bay Area, California
#VentureCapital #Runta #TradedPartner #GuanlanDai #TradedVC