VGV Makes New Investment in Microbiome Innovation Company
BIOHM Health is a microbiome innovation company that uses microbiome data to develop science-backed, targeted probiotic ingredients and products for use in food, beverage, and nutrition verticals. The company sells microbiome-based products and tests to consumers directly, and to businesses through ingredient and testing partnerships, to address the health and wellness opportunities within the $11.5 billion probiotics and $1 billion at-home gut testing markets. BIOHM differentiates itself from competitors by its proprietary microbiome database, growing patent portfolio, its expertise in the microbiome, and its ability to turn microbiome data into clinically proven ingredients. With a growing number of patented products backed by in-vitro and/or clinical trials, BIOHM’s products are manufactured in the US using high-quality standards and are sold through an omnichannel model.
Portfolio Company Highlights
BIOHM Raises $7.5 Million to Accelerate Microbiome Research, Artificial Intelligence Capabilities and Product Development
BIOHM, guided by the cutting-edge science of Dr. Mahmoud Ghannoum, has raised a $7.5 million equity financing led by Middleland Capital's VTC Ventures with additional investment from Felton Group, LLC, Jobs Ohio Growth Capital Fund, Aztec Capital Management LLC, Cleveland Life Science Advisors, Valley Growth Ventures, LLC, JumpStart-UH (Healthcare Collaboration Fund) and other investors.
BRITE ENERGY INNOVATORS: FIRST ELECTRIC MOTORCYCLE ARRIVES IN VOLTAGE VALLEY
More electric vehicles are rolling into Voltage Valley — this time, a motorcycle. Friday afternoon, LAND Energy delivered the District bike to its owner at BRITE Energy in Warren. LAND is based in Cleveland and partnered with BRITE. The bike has software and can function as an e-bike, moped and full-on motorcycle.
All parts of the bike, except for the batteries, are manufactured in the United States. LAND hopes its partnership with BRITE will bring that battery manufacturing to the area.
Health insurance startup Angle Health scores $58M
Portage led the round, with participation from SixThirty Ventures, Crew Capital, PruVen Capital, Mighty Capital, Aloft VC, Wing Venture Capital, Mindset Ventures, Wormhole Capital and Waseem Daher, founder of Pilot, the accounting services company for technology startups.
Existing investors Correlation Ventures, Blumberg Capital, Y Combinator and TSVC also supported the round.