This Week in ‘Raises’: Telesair Picks Up $22M, Kingswood Capital Lands $620M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: Telesair Picks Up $22M, Kingswood Capital Lands $620M

Telesair, a local respiratory startup, secured fresh funding to commercialize its Bonhawa Respiratory Humidifier that is designed for use in the ICU and support the development of new products, while Los Angeles-based Kingswood Capital exceeded its target on its second fund.


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Venture Capital

Irvine-based respiratory care startup Telesair raised a $22 million Series A funding round led by Pasaca Capital.

PBS Biotech, a Camarillo-based company that develops single use bioreactors for the biotech industry raised a $22 million financing round led by Avego Management, LLC.

Alume Biosciences, a San Diego-based company that develops nerve illumination technology designed to help doctors perform precision surgery, raised a $13 million Series B financing round.

San Diego-based artificial intelligence startup Personal.ai raised $7.8 million in funding. Investors that participated in this round include Supernode Global, Differential Ventures, BBG Ventures, Beni VC, Village Global, Keshif Ventures, and Good Friends, a VC led by the founders of Warby Parker, Harry’s, and Allbirds.

Live Data Technologies, a Santa Barbara-based data aggregation and validation platform company raised a $5 million Series A funding round.

PhenoVista BioSciences, a San Diego-based biotechnology company, raised $3 million in funding, per an SEC filing.

San Diego-based digital health startup CARI Health raised a $2.3 million seed funding round led by the San Diego Angel Conference (SDAC).

CRISPR QC, a San Diego-based analytics platform intended to simulate the gene editing process before introduction to cells, raised a $1.6 million seed funding round led by Serra Ventures.

Funds

Kingswood Capital Management, a Los Angeles-based private investment firm raised $620 million for its second fund.

Raises is dot.LA’s weekly feature highlighting venture capital funding news across Southern California’s tech and startup ecosystem. Please send fundraising news to Decerry Donato (decerrydonato@dot.la).

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