202221 Sep

Halo Raises $2.6M in Seed Funding

Summary

• Asymmetric Capital Partners, founded by Rob Biederman, Co-founder, Chairman and former co-CEO of Catalant, a Boston-based marketplace of consultants; • AirAngels, an angel group founded by Airbnb alumnus and product expert Lenny Rachitsky; The company intends to use the funds to grow the team; develop additional collaboration features and tools; and continue to expand its network of scientists around the world. Led by CEO Kevin Leland, Halo is an R&D collaboration platform where companies and scientists join forces to solve hard problems and bring new innovations to market. It consists of three parts: • a network of scientists at universities, national labs and startups • and a suite of software tools that enable corporate R&D teams to more efficiently collaborate both internally and externally Companies create an R&D partnering page on Halo where they post Requests for Proposals (RFPs) for specific needs or Open Calls around general areas of interest. Scientists submit short, non-confidential proposals in response to each RFP or Open Call, and companies select which projects to advance into a collaboration. To date, companies on Halo have posted RFPs on a range of topics, including sustainable packaging, technologies that make tap water safe for dialysis treatment, and diagnostics for rare diseases.

Source: Finsmes

Funding

$2.6M
Amount
Sep 21 2022
Date
-
Investor
Halo
Company

Classifications

Companies